ACC 290 Complete Course Material Week 1-5 To Purchase this Tutorial Copy And Paste Below Link In Your Browser http://www.homework-bank.com/downloads/acc-290-complete-course-material-week-1-5-2/ ACC 290 Complete Course Material Week 1-5 ACC 290 Week 1 DQ 1 Week One – DQ #1 What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why. How would the financial statements be useful to managers and employees?
DSO = Receivables / Ave. sales per day Receivables= DSO * Ave. sales per day = 20 * 20,000 Receivables= $400,000 (3-2) Debt Ratio: Vigo Vacations has an equity multiplier of 2.5. The company’s assets are financed with some combination of long-term debt and common equity. What is the company’s debt ratio? Debt ratio = 1 – (1 / Equity multiplier) Debt ratio = 1 – (1/2.5) = 1 - .40 = .60 Debt ratio = 60% (3-3) Market/Book Ratio: Winston Washers’s stock price is $75 per share. Winston has $10 billion in total assets.
Ans: Book value per share = Common Equity / Shares outstanding = $ 6 billion / 800 million shares Book value per share = 6000/800 = $ 7.5 per share Market Price per share = $ 75 per share Winston’s market/book ratio = Market Price per share/ Book value per share Winston’s market/book ratio = 75/7.5 = 10 (3-4) Price/Earnings Ratio A company has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of 8.0. What is its P/E ratio? Ans: Cash flow per share = $3.00 Price/cash flow ratio = 8.0 Price Per Share = 8 * 3= $ 24 Company’s P/E ratio = 24 /1.5 = 16 (3-5) ROE Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million and it has total assets of $50 million. What is its ROE?
BUDGET TIMEFRAME PAGE 4 8.1 BUDGET TABLE PAGE 4 8.2 TIMEFRAME TABLE PAGE 4 9. CONCLUSION PAGE 4 10. ADVERTISEMENT PAGE 5 11. REFERENCES PAGE 6 1.0 INTRODUCTION The purpose of this report is to review the ideas and inspirations behind the attached
SAI 460 Final Exam Guide http://www.homeworkwarehouse.com/downloads/sai-460-final-exam-guide/ SAI 460 Final Exam Guide 1. Question: (TCO 1) Which of the following are not capability levels in CMM (I)? (This question may have one or more answers. For full credit, check all that apply). 2.
11. If D0 = $1.75, g (which is constant) = 3.6%, and P0 = $32.00, what is the stock’s expected total return for the coming year? Expected Return= D0 X (1+g)/P0 + g = 1.75 X (1+3.6%)/32 + 3.6% = 9.27% 12. Molen Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $7.50 per share. If the required return on this preferred stock is 6.5%, at what price should the preferred stock sell?
Set out the following balances in a published balance sheet, including all the titles and headings required. The company draws up accounts for the year ended 31 December 2013 Share capital 25,200 Retained profits 25,350 Cash 900 Trade creditors 4,800 Plant, property and equipment cost 128,850 Share premium 18,000 Stock 5,400 Trade debtors 2,400 Accruals for expenses 1,800 Prepayments for expenses 3,900 Bad debt provision 300 Loans over one year 6,000 Plant, property and equipment accumulated depreciation 60,000 QUESTION B1 - Credi Ltd is a company with a financial year-end at 30 September 2014 The company had two identical fixed assets at 30 September 2014. Prior to recording the depreciation charge for the year and the effects of fixed asset disposal, each had a cost of £250,000 and each an accumulated depreciation of £160,000. Each had a residual value of £10,000 and a six year life originally. On 30 September 2014, one of the fixed assets was sold for £75,000 in cash.
Public Question Time value of money 1. Harry invested $10,600 in an account that pays 4 percent simple interest. How much money will he have at the end of five years? a. 12,897 b.
(12marks) Explain why you chose this hypothesis or argument or assertion or issue or problem for investigation. (8marks) Justify one or more method(s) used to collect reliable data for your
Its cost was $12,000, it has a ten-year life, and straight-line depreciation will be taken. SOLUTION: 1. Factory Overhead Cost Budget Percent of normal capacity 80% 90% 110% Number of units 4,000 4,500 5,500 Number of standard direct labor hours 16,000 18,000 22,000 Budgeted factory overhead: Fixed cost: Depreciation on building and machinery $ 1,200 $ 1,200 $ 1,200 Taxes on building and machinery 500 500 500 Insurance on building and machinery 500 500 500 Superintendent’s salary 1,500 1,500 1,500