Accounting Textbook Solutions - 48

of goods manufactured schedule. (b) Income statement. (c) Balance sheet.
The following items

are found in its ledger and accompanying data. Instructions
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Identify the three sections of a cash budget. What balances are also shown in this budget?
What is the value chain? Describe, in sequence, the main components of a manufacturerâ€™s
value chain.
Zeller Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-
104. The calculators sell for $12 and $25, respectively. Because of the intense competition Zeller
faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are
as follows. No changes in se
Mize Company classifies its selling and administrative expense budget into variable and fixed
components. Variable expenses are expected to be $25,000 in the first quarter, and $5,000
increments are expected in the remaining quarters of 2010. Fixed expenses are expected to be
$40,000 in each quarter. Prepare the sellin
Indicate whether each of the following costs of an automobile manufacturer would be classified
as direct materials, direct labor, or manufacturing overhead. (a) ____Windshield. (b)
____Engine. (c) ____Wages of assembly line worker. (d) ____Depreciation of factory
machinery. (e) ____Factory machinery lubrican
Use the same data from BE19â€“10 above and the data below. Determine the missingamounts.
Van Gundy Company has credit sales of $500,000 in January. Past experience suggests that 45%
is collected in the month of sale, 50% in the month following the sale, and 5% in the second
month following the sale. Compute the cash collections from January sales in January, February,
and March.
Venetian Company management wants to maintain a minimum monthly cash balance of

$20,000. At the beginning of April, the cash balance is $22,000, expected cash receipts for
March are $245,000, and cash disbursements are expected to be $256,000. How much cash, if
any, must be borrowed to maintain the desired minimum mont
The Institute of Management Accountants (IMA) is an organization dedicated to excellence in

the practice of management accounting and financial management. Address: www.imanet.org, or
go to www.wiley.com/college/weygandt Instructions At the IMAâ€™s home page, locate the
answers to the following questions. (a) How many
Sota Company is a manufacturer of personal computers. Various costs and expenses associated
with its operations are as follows. 1. Property taxes on the factory building. 2. Production
superintendentsâ€™ salaries. 3. Memory boards and chips used in assembling computers. 4.
Depreciation on the factory equipment. 5. Sala
Coldplay Corporation incurred the following costs while manufacturing its product. Work-in-
process inventory was $12,000 at January 1 and $15,500 at December 31. Finished goods
inventory was $60,000 at January 1 and $55,600 at December 31. Instructions (a) Compute cost
of goods manufactured. (b) Compute cost of goo
Wayne Terrago, controller for Robbin Industries, was reviewing production cost reports for the
year. One amount in these reports continued to bother himâ€”advertising. During the year, the
company had instituted an expensive advertising campaign to sell some of its slower-moving
products. It was still too early to tell
Love All is a fairly large manufacturing company located in the southern United States. The
company manufactures tennis rackets, tennis balls, tennis clothing, and tennis shoes, all bearing
the companyâ€™s distinctive logo, a large green question mark on a white flocked tennis ball.
The companyâ€™s sales have been incr
Francum Manufacturing Company has the following data: direct labor $229,000, direct materials
used $180,000, total manufacturing overhead $208,000, and beginning work in process $25,000.
Compute (a) Total manufacturing costs and (b) Total cost of work in process.
Match the descriptions that follow with the corresponding terms. Descriptions: 1. ______
Inventory system in which goods are manufactured or purchased just as they are needed for use.
2. ______ A method of allocating overhead based on each productâ€™s use of activities in
making the product. 3. ______ Systems that are
Presented below is a list of costs and expenses usually incurred by Burrand Corporation, a
manufacturer of furniture, in its factory. 1. Salaries for assembly line inspectors. 2. Insurance on
factory machines. 3. Property taxes on the factory building. 4. Factory repairs. 5. Upholstery
used in manufacturing furniture.
Anchor Glass Container Corporation, the third largest manufacturer of glass containers in the
U.S., supplies beverage and food producers and consumer products manufacturers nationwide.
Parent company Consumers Packaging Inc. (Toronto Stock Exchange: CGC) is a leading
international designer and manufacturer of glass con
An incomplete cost of goods manufactured schedule is presented below. Instructions Complete
the cost of goods manufactured schedule for Cepeda Manufacturing Company.
Indicate whether the following statements are true or false. 1. Managerial accountants explain
and report manufacturing and nonmanufacturing costs, determine cost behaviors, and perform C-
V-P analysis, but are not involved in the budget process. 2. Financial accounting reports pertain
to subunits of the business and ar
For Justus Inc. variable manufacturing overhead costs are expected to be $20,000 in the first
quarter of 2010 with $4,000 increments in each of the remaining three quarters. Fixed overhead
costs are estimated to be $35,000 in each quarter. Prepare the manufacturing overhead budget by
quarters and in total for the year.
Sales budget data for Goody Company are given in BE23-2. Management desires to have an
ending finished goods inventory equal to 20% of the next quarterâ€™s expected unit sales.
Prepare a production budget by quarters for the first 6 months of 2010.
Neely, Inc., is preparing its direct labor budget for 2010 from the following production budget
based on a calendar year. Each unit requires 1.6 hours of direct labor. Instructions Prepare a
direct labor budget for 2010.Wage rates are expected to be $15 for the first 2 quarters and $16
for quarters 3 and4.
In preparing the direct materials budget for Mast Company, management concludes that required
purchases are 64,000 units. If 52,000 direct materials units are required in production and there
are 7,000 units of beginning direct materials, what is the desired units of ending direct materials?
What is budgetary slack? What incentive do managers have to create budgetary slack?
Cinta Company is a manufacturer of toys. Its controller resigned in August 2010. An

inexperienced assistant accountant has prepared the following income statement for the month of
August 2010. Prior to August 2010 the company had been profitable every month. The
companyâ€™s president is concerned about the accuracy
A music company has these costs: Advertising ........... Paper inserts for CD cases Blank
CDs ............CD plastic cases Depreciation of CD image burner ......Salaries of sales
representatives Salary of factory manager ......Salaries of factory maintenance employees Factory
supplies used .........Salaries of emplo
Presented below are Lang Companyâ€™s monthly manufacturing cost data related to its
personal computer products. (a) Utilities for manufacturing equipment .....$116,000 (b) Raw
material (CPU, chips, etc.) ......$ 85,000 (c) Depreciation on manufacturing building ...$880,000
(d) Wages for production workers ........$1
Agee Industries expects credit sales for January, February, and March to be $200,000, $260,000,
and $310,000, respectively. It is expected that 70% of the sales will be collected in the month of
sale, and 30% will be collected in the following month. Compute cash collections from
customers for each month.
Matt Litkee claims that the distinction between direct and indirect materials is based entirely on
physical association with the product. Is Matt correct? Why?
Karen Bay and Frank Barone are discussing the benefits of budgeting. They ask you to identify
the primary advantages of budgeting. Comply with their request.
Palermo Wholesalers is preparing its merchandise purchases budget. Budgeted sales are
$400,000 for April and $475,000 for May. Cost of goods sold is expected to be 60% of sales.
The companyâ€™s desired ending inventory is 20% of the following monthâ€™s cost of goods
sold. Compute the required purchases for April.
Presented below are incomplete manufacturing cost data. Determine the missing amounts for
three different situations.
Cali Company has 15,000 beginning finished goods units. Budgeted sales units are 160,000. If
management desires 20,000 ending finished goods units, what are the required units of
production?
Manufacturing cost data for Criqui Company are presented below. Instructions Indicate the
missing amount for each letter (a) through(i).
What criteria are helpful in determining the length of the budget period? What is the most
common budget period?
In alphabetical order below are current asset items for Dieker Companyâ€™s balance sheet at
December 31, 2010. Prepare the current assets section (including a complete heading). Accounts
receivable ......$200,000 Cash........... 62,000 Finished goods........ 71,000 Prepaid expenses........
38,000 Raw materials .....
The following data were taken from the records of Stellar Manufacturing Company for the fiscal
year ended June 30, 2010. Instructions (a) Prepare a cost of goods manufactured schedule.
(Assume all raw materials used were direct materials.) (b) Prepare an income statement through
gross profit. (c) Prepare the current
For Nolte Company, the budgeted cost for one unit of product is direct materials $10, direct labor
$20, and manufacturing overhead 90% of direct labor cost. If 25,000 units are expected to be
sold at $69 each, what is the budgeted gross profit?
Todd Motor Company manufactures automobiles. During September 2010 the company
purchased 5,000 head lamps at a cost of $9 per lamp. Todd withdrew 4,650 lamps from the
warehouse during the month. Fifty of these lamps were used to replace the head lamps in autos
used by traveling sales staff. The remaining 4,600 lamps we
Ohmie Manufacturing has beginning raw materials inventory $12,000, ending raw materials
inventory $15,000, and raw materials purchases $170,000.What is the cost of direct materials
used?
Moreno Industries has adopted the following production budget for the first 4 months of 2011.
Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2010, the
ending raw materials inventory was 9,000 pounds. Management wants to have a raw materials
inventory at the end of the month equal
Mismatch Manufacturing Company specializes in producing fashion outfits. On July 31, 2010, a
tornado touched down at its factory and general office. The inventories in the warehouse and the
factory were completely destroyed as was the general office nearby. Next morning, through a
careful search of the disaster site, h
The administrators of San Diego Countyâ€™s Memorial Hospital are interested in identifying
the various costs and expenses that are incurred in producing a patientâ€™s X-ray. A list of such
costs and expenses in presented below. 1. Salaries for the X-ray machine technicians. 2. Wages
for the hospital janitorial personne
Elbert Companyâ€™s variable selling and administrative expenses are 10% of net sales. Fixed
expenses are $50,000 per quarter. The sales budget shows expected sales of $200,000 and
$250,000 in the first and second quarters, respectively. What are the total budgeted selling and
administrative expenses for each quarter?
Determine whether each of the following costs should be classified as direct materials (DM),
direct labor (DL), or manufacturing overhead (MO). (a) ____Frames and tires used in
manufacturing bicycles. (b) ____Wages paid to production workers. (c) ____Insurance on
factory equipment and machinery. (d) ____Depreciation on
Bjerg Company specializes in manufacturing a unique model of bicycle helmet. The model is
well accepted by consumers, and the company has enough orders to keep the factory production
at 10,000 helmets per month (80% of its full capacity). Bjergâ€™s monthly manufacturing cost
and other expense data are as follows. Rent
For Everly Company, units to be produced are 5,000 in quarter 1 and 6,000 in quarter 2. It takes
1.5 hours to make a finished unit, and the expected hourly wage rate is $14 per hour. Prepare a
direct labor budget by quarters for the 6 months ending June 30, 2010.
Use this list of terms to complete the sentences that follow. 1. __________________ establish
goals for the companyâ€™s sales and production personnel. 2. The _______________ is a set of
interrelated budgets that constitutes a plan of action for a specified time period. 3.
___________________ reduces the risk of hav
Goody Company estimates that unit sales will be 10,000 in quarter 1; 12,000 in quarter 2; 14,000
in quarter 3; and 18,000 in quarter 4. Using a sales price of $80 per unit, prepare the sales budget
by quarters for the year ending December 31, 2010.
The following is a list of terms related to managerial accounting practices. 1. Activity-based

costing. 2. Just-in-time inventory. 3. Balanced scorecard. 4. Value chain. Instructions Match each
of the terms with the statement below that best describes the term. (a) ____ A performance-
measurement technique that attempt
Megan Neill is confused about the differences between a product cost and a period cost. Explain
the differences to Megan.
Incomplete manufacturing cost data for Ikerd Company for 2010 are presented as follows for
four different situations. Instructions (a) Indicate the missing amount for each letter. (b) Prepare
a condensed cost of goods manufactured schedule for situation (1) for the year ended December
31,2010.
Hardin Company is preparing its manufacturing overhead budget for 2010. Relevant data consist
of the following. Units to be produced (by quarters): 10,000, 12,000, 14,000, 16,000. Direct
labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: Indirect
materials $0.70; indirect labor $1.20; an
Explain what is meant by â€œbalancedâ€ in the balanced scorecard approach.
Petra Company specializes in manufacturing motorcycle helmets. The company has enough
orders to keep the factory production at 1,000 motorcycle helmets per month. Petraâ€™s
monthly manufacturing cost and other expense data are as follows. Maintenance costs on factory
building .......$ 1,500 Factory managerâ€™s salary .
The following information is available for Kopps Manufacturing Company. Prepare the cost of
goods manufactured schedule for the month ofApril.
The production budget of Rooney Company calls for 80,000 units to be produced. If it takes 30
minutes to make one unit and the direct labor rate is $16 per hour, what is the total budgeted
direct labor cost?
Chris Martin has prepared the following list of statements about managerial accounting and
financial accounting. 1. Financial accounting focuses on providing information to internal users.
2. Analyzing cost-volume-profit relationships is part of managerial accounting. 3. Preparation of
budgets is part of financial acco
What is activity-based costing, and what are its potential benefits?
Net Play Company, a manufacturer of tennis rackets, started production in November 2010. For
the preceding 5 years Net Play had been a retailer of sports equipment. After a thorough survey
of tennis racket markets, Net Play decided to turn its retail store into a tennis racket factory. Raw
materials cost for a tennis r
Oak Creek Company is preparing its master budget for 2010. Relevant data pertaining to its
sales, production, and direct materials budgets are as follows. Sales: Sales for the year are
expected to total 1,000,000 units. Quarterly sales are 20%, 25%, 25%, and 30% respectively. The
sales price is expected to be $40 per u
(a) What is a budget? (b) How does a budget contribute to good management?
Identify the differences in the cost of goods sold section of an income statement between a
merchandising company and a manufacturing company.
Turney Company produces and sells automobile batteries, the heavy-duty HD-240.The 2010
sales budget is as follows. The January 1, 2010, inventory of HD-240 is 2,500 units.
Management desires an ending inventory each quarter equal to 50% of the next quarterâ€™s
sales. Sales in the first quarter of 2011 are expected t
Complete the following comparison table between managerial and financialaccounting.

What is participative budgeting? What are its potential benefits? What are its potential
shortcomings?
Why do income statements differ from tax statements? What is the major difference?
What is the primary goal of the corporation?
Explain how simple interest payments are determined.
Copa Company, a manufacturer of stereo systems, started its production in October 2010. For the
preceding 3 years Copa had been a retailer of stereo systems. After a thorough survey of stereo
system markets, Copa decided to turn its retail store into a stereo equipment factory. Raw
materials cost for a stereo system wi
Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
Instructions (a) Indicate the missing amount for each letter. (b) Prepare a condensed cost of
goods manufactured schedule for Case 1. (c) Prepare an income statement and the current assets
section of the balance sheet
How have management compensation schemes been designed to better align owner-manager
interests? How well have these schemes performed in this regard?
Why are currency exchange rates constantly changing over time?
Explain why M&M Proposition I in a world of no taxes and no bankruptcy states that the firm's
value does not depend on its capital structure.
How do we measure the advantage of financial leverage to the company's owners?
Construct the Barron Pizza Inc. balance sheet statement for December 31, 2015, with the
following information: Retained earnings: $43,743 Accounts payable: $74,633 Accounts
receivable: $34,836 Common stock: $119,901 Cash: $8,344 Short-term debt: $210 Inventory:
$23,455 Goodwill: $48,347 Long-term debt: $80,20
Refer to Table 17.2 and predict the next dividend using a percent change pattern, a dollar change
pattern, and your expectation given the actual pattern change. PepsiCo Quarterly Cash Dividend
History
Describe the nature of the basic owner-manager agency relationship.

Distinguish between real and financial assets.
Identify the main components of a firm's balance sheet and income statement.
Is the yield to call always greater than the yield to maturity?
How do cash flow statements alleviate the impact of most major accounting assumptions?
Below are abbreviated income statements for Starbucks. The year ending September 30, 2013,
included a large non recurring loss of $2,784 (million). Redo the 2013 income statement
removing this nonrecurring loss from the SG&A + Other category and recalculating the taxes at
37% (removing the tax credit). With this new Pe
According to the U.S. Census Bureau's Business Information Tracking System, what is the
failure rate of companies over the first six years?
Go to a web source such as Yahoo.com and find the recent dividend payment history of Coca-
Cola and predict the next dividend change in size and timing. We used data from 2008-2011
Coca-Cola Company Cash Dividend History
Explain how to calculate the CCA expense for an asset class in a given year.
Using the information in Table 18.4 and an average U.S. inflation rate of 1.733% for the three-
year period, determine the inflation rates of Europe (euro currency countries) and Australia
where the U.S. dollar strengthened over the period.
How is the balance sheet related to the income statement?
Calculate the debt ratio, times interest earned ratio, and cash coverage ratio for 2013 and 2014
for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the
managers of Tyler Toys or the shareholders?
Your company has posted you on an eighteen-month overseas assignment in Budapest, Hungary.
You will be living on the Buda side of the river, but will be spending much of your time on the
Pest side. The current indirect rate for the Hungarian forint is 187.90. If the anticipated inflation
rate in the United States is 3%
How are trusts distinct from corporations?

What is a crossrate? How can you find the crossrate of two foreign currencies if you only know
the direct and indirect rates of those two foreign currencies with respect to your home currency?
How do sinking funds work?
Up-Front Bank is now offering a two-year discount loan for 10%. Working backwards, what are
the available funds at the start of the loan and the implied balance at the end of the first year if
the total lump sum repayment at the end of the second year is $400,000? What is the EAR on this
loan?
Demonstrate how to solve a typical retirement problem.
What are the scope and purpose of the auditor's opinion?
What does analyzing companies against their industry tell a finance manager or financial
analyst?
Identify and briefly describe the three main channels of savings.
Differentiate between debits and credits with respect to assets and liabilities.
How do U.S. bank discount yields differ from bond equivalent yields?
Describe the main advantages and disadvantages of sole proprietorships and partnerships.
Distinguish between market and financial intermediaries.
What are the five stages of a business life cycle? Do all companies go through all five stages?
Explain how to calculate the present value and future value of an ordinary annuity and an annuity
due.
A customer and an employee are waiting for payment from Gigantic Furniture after the company
has filed for bankruptcy under Chapter 7 of the IRS bankruptcy laws. The employee's claim
against Gigantic Furniture is for $500 for health care benefits that were not paid to the health
care carrier during the last month of co
Eastern Railroad has a dividend reinvestment program for shareholders. Over the past five years,
the company has had the following share prices and the following dividends. If you started with
100 shares of stock at $46 per share and participated fully in the DRIPs program, how many
shares of stock would you have at t
Using the 2014 income statement and balance sheet of Trimark Products Inc., as constructed in
problems 1 and 2 above, compute its financial ratios. How is the firm doing relative to its
industry in the areas of liquidity, asset management, leverage, and profitability? Ratio
___________________________Industry Average
In what way is the decision on capital structure related to the company's expected earnings?
How do floaters and real return bonds provide protection against inflation?
Explain how to compute future values and present values when using compound interest.
Construct Tri-Mark Incorporated's 2014 year-end Balance Sheet using the asset, liability, and
equity accounts listed below: Retained Earnings $60,500,000 Accounts Payable $57,000,000
Accounts Receivable $43,000,000 Common Stock $189,676,000 Cash $6,336,000 Short Term
Debt $1,500,000 Inventory $42,000,000 Goodwi
Explain briefly why events in the United States affected countries around the world so
drastically.
What does IFRS stand for? What types of Canadian companies must prepare their financial
statements in accordance with IFRS (or U.S. GAAP)?
What is moral hazard and why did it become the buzz word of the 2008 financial crisis?
Below is an abbreviated income statement for Wal-Mart. Predict the net income for the period
ending January 31, 2015, by determining the growth rates of sales, COGS, SG&A, and interest
expense. Use a tax rate of 37%.
In what ways are bonds different from mortgages?
Atlantis Manufacturing, Inc. issues the following press release: "Atlantis Manufacturing will pay
a quarterly dividend of $0.50 per share to record holders as of the 10th of this month on the 20th
of this month." This announcement was made on July 3, 2014. Draw a timeline of the dates
around this dividend payment with
What is the primary objective of financial reporting under IFRS?

Explain how to calculate the present value of a growing annuity.
Calculate the current ratio, quick ratio, and cash ratio for Tyler Toys for 2013 and 2014. Should
any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the
shareholders?
What is a corporate spread?
When market interest rates are above the coupon rate on a bond, is it a premium or discount
bond?
What are asset management ratios? For retail firms, what is one of the key management ratios?
Why?
In a world of no taxes and no transaction costs is dividend policy relevant? Why or why not?
Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in
receivables, and total asset turnover ratios for 2013 and 2014 for Tyler Toys. Should any of these
ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the
shareholders?
Explain why global financial markets are so important to Canadians.
Up-Front Bank uses discount loans for all its customers who want one-year loans. Currently, the
bank is providing one-year discount loans at 8%. What is the effective annual rate on these
loans? If you were required to repay $250,000 at the end of the loan for one year, how much
would the bank give you on your loan at
What complications arise when dealing with mortgage loans in Canada?
What are the major provisions of SOX?
Explain why we use the term ex-date when pricing a stock that has a declared dividend.
Comtrak Inc. has a dividend reinvestment program for shareholders. Over the past five years, the
company has had the following share prices and the following dividends. If you started with 100
shares of stock at $58 per share and participated fully in the DRIPS program, how many shares
of stock would you have at the e
Why do interest rates on different-maturity Canada bonds differ?

What are some of the key corporate financing decisions made by firms?
What is the difference between the return to an investor or lender and the cost to the borrower?
What time-value-of-money formula do we need to value a bond?
Explain how to calculate the effective rate for any period.
International Products, Incorporated has ordered 10,000 leather coats from Argentina for
delivery in six months. The contracted cost of a coat is 122 pesos. International Products will pay
for the coats upon delivery. The current indirect exchange rate is $1 for 1.2902 pesos. The
anticipated inflation rate in the Unite
Who is responsible for the preparation of a company's financial statements?
Why does compound interest result in higher future values than simple interest?
Why do interest rates differ between Canada and the United States?
What are the main advantages and disadvantages of the corporation structure?
Banker's acceptance supports lending for what type of activities? Explain how collateral works in
a banker's acceptance arrangement.
Western Railroad has a dividend reinvestment program for shareholders. Over the past five
years, the company has had the following share prices and the following dividends. If you started
with 100 shares of stock at $20 per share and participated fully in the DRIPS program, how
many shares of stock would you have at t
Using the income and expense account information for Tri-Mark Products Inc. listed below,
construct an income statement for the year ended 31st December, 2014. Shares outstanding:
16,740,000 Tax rate: 35% Interest expense: $3,540,000 Revenue: $950,500,000 Depreciation:
$50,000,000 Selling, general, and administra
Discuss how the three most important types of financial intermediaries operate.
Does a stock split provide an increase in wealth for a shareholder? If yes how? If no why not?
Camelot Manufacturing, Inc. issues the following press release: "Camelot Manufacturing will
pay a quarterly dividend of $1.00 per share on the 20th of the following month to record holders
as of the 20th of this month." This announcement was made on September 3, 2014. Draw a
timeline of the dates around this dividend p
Prepare common-size income statements for Wal-Mart and Starbucks using the January 2014
information for Walmart and your new pro forma September 2013 information for Starbucks
provided in Problems 5 and 6.Which company is doing a better job of getting sales dollars to net
income? Where is the one company having an adva
Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler
Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of
Tyler Toys or the shareholders?
Identify and briefly describe the two major stock markets in the United States.
Define agency costs and describe both types.
Explain what is meant by the matching principle. How is this principle related to the use of
accrual accounting?
Why is the present value of $1 million in 50 years' time worth very little today?
How do callable bonds differ from retractable and extendable bonds?
Explain why a firm cannot claim CCA recapture and a terminal loss for the same asset class in
the same year.
For the following firms, find the return on equity using the three components of the DuPont
identity: operating efficiency, as measured by the profit margin (net income/sales); asset
management efficiency, as measured by asset turnover (sales/total assets); and financial leverage,
as measured by the equity multiplier (
Identify the major sources of financing used by: (a) governments and (b) businesses.
Should the Government allow one of the Big Six Canadian banks to fail if it loses money on its
loan portfolio?
Ross Enterprises can raise capital from the following sources: Ross has a new project that has an
estimated IRR of 12% but will require an investment of $200,000. Should Ross borrow the
money and invest in the new project?
Explain how loan and mortgage payments can be determined using annuity concepts.
Why should a company be concerned about a change in future exchange rates if it has already
delivered and sold product in a foreign country?
Using the information in Table 18.4 and an average U.S. inflation rate of 1.733% for the three
year period, determine the inflation rates of Britain and China where the U.S. dollar weakened
over the period.
Re-state Tri-Mark Incorporated's 2014 financial statements as common-size statements and

comment on them Construct Tri-Mark Incorporated's 2014 year-end Balance Sheet using the
asset, liability, and equity accounts listed below: Retained Earnings $60,500,000 Accounts
Payable $57,000,000 Accounts Receivable $43,000,
What happens to the net income figure when a firm's accountants make more aggressive
accounting assumptions? Briefly explain.
Discuss how you will use social media to promote the Community Action Agency of Delaware
County Pennsylvania Include the following for your Social Media Promotions Plan: â€¢A
general synopsis of why using social media is an important part of today's fundraising. â€
¢Discuss which three social media platforms you wil
Describe the two key decision areas with respect to the financial management of assets?
How is a traditional bond structured?
Explain the cost imposed on society if firms become too big to fail, and discuss whether the
government should break up large firms when they pose such risks.
If a company declares a 1-for-5 reverse stock split, show that a current shareholder is no better
off after the split if the price before the split is $5 and the price after the split is $25.
Write a paper examining perfect competition in the value-menu fast-food restaurant business.
Address the following questions in your paper: 1. What are the characteristics of perfect
competition? Why does this type of fast-food restaurant tend to display characteristics of perfect
competition? 2. Imagine you are ru
Film That Needs to Be Used Is "The Campaign" with Will Ferrell and it needs to be compared to
concepts in American Government, Roots and Reform: 2014 Election by O'Connor 1. A write-up
of the themes and the scenes which go along with it (see criteria below) Film Write-Up/Analysis:
Every political film you select wi
Give an explanation of whether the Interpersonal Psychotherapy approach is an evidence-based

therapy, and justify your reasons for why or why not. Include sources to back up your thoughts.
Write a paper on Moat Strength Analyst and Draw financial facts presented in the report to
formulate and defend your position. Merely presenting a number, ratio or trend will not be
sufficient to earn a high grade. Value Creation Checklist â€¢ What stage of the competitive life
cycle is the company in? â€¢ Is the co
Read ADEC case study and make a presentation showing impact of EMIRATI culture on cross-
cultural communication in Abu Dhabi education council schools
If you were granted three wishes for the present or future what would you wish for and why?
Discuss and explain in detail. You may choose any three things and what you select need not be
tangible (something physical), meaning you can choose ideas such as peace of mind, etc.). What
you want and why is each wish you m
Write a paper on what you have learned up to this point and your view of marketing as a result of
studying the topic up until this point in the semester.
Write a paper on International Business in Algeria including the following: I Background II

History III Geography IV Government a. Law b. Regulations - Investment c. Politics V
Demographics VI Sectors a. Economic i. Overview ii Development iii. Privatization iv. Trade v.
Investment b. Financial i. Over
Select a topic associated with Information Systems and its legal impact within a corporation or
within society.
Write a paper on "How IT could be used as part of the implementation of recommendations

described in the article".
1. Would you be willing to pay a slightly higher price for sugar, coffee, fruits, and basic
commodities, knowing that their producers, farmers in Central America or Africa, were paid an
internationally established "fair price" for their labors? Do you believe that consumers will make
ethical choices in the marketplace,

You (or your family) have won the lottery--a one-time payment of $50,000. Explain how you
would use the concepts of opportunity cost and the economic decision rule to decide how to
spend the money.
Choose a theological doctrine discussed in the course (from the listing of acceptable topics) and
write a research paper in current Turabian format. Your paper must include the following
sections: 1. Statement of Topic Describe the specific theological doctrine examined in your
paper. Your topic must be a focused su
Write a memo which must be done to justify the expenses once the budget it completes. (Part 2)
Please watch the movie Fences before doing this discussion. APPLY sociopath-logy or right to
live; right to kill TO ONE of the characters in the film. Write your paragraph as if it is an
academic body paragraph. Remember the sections that you learned. These are the parts of the
paragraph: Section 1- one sentence th
Please write a paper reflection on & quot; Power and empowerment in a non-profit organization.
Address leadership and the use of negotiation strategies to resolve members' conflicts to
ultimately make them a real team. Make sure to complete the Learning Activities before you
begin this Assignment. Then, read the scenario and address the checklist items in a substantive
manner. The TotsToys Corporation is usi
This assignment invites you to consider how risk applies to Salesforce.com's business, and to
consider methods for mitigating those risks. For this assignment, you are to take on the role of a
Risk Management Professional. In conducting your research, you have spent time looking at
competitive and economic conditions
1. Compare the efficiency of monopolistic and perfectly competitive markets. 2. Discuss the
economic factors that lead to the development of monopolies. Examples of monopolies include
electric utilities, railroads, airlines, cable television, and sports leagues. 3. Governments grant
temporary monopolies through pat
Name one way (different than one given by any other student) in which the justice department
says that the Ferguson court procedures violated the Constitution. How does this constitute racial
discrimination? How might it be remedied? Shouldn't the courts have the means to collect fines
and compel appearances in cour
Imagine you are the Human Resource Manager at Pure swing. You must develop a program for
recruiting new project managers. Using the skills identified in this unit, design a job description
for this position. You should consider what you perceive to be the corporate culture at Pure-
swing. You may want to search the inte
You need to do research on Frequencies of preferred mode of communication per nationality and
write summary of the interviews and data analysis and also write discussion and conclusion.
The following questions are all based on the GoPro case study published in the Forbes Magazine.
Basing your arguments on the topics that you have studied throughout the unit, write a report
addressing all of the following questions. The report/questions will cover both aspects of the
unit. Part A Question 1: Whilst N
How does training impact employee and organizational performance?
Given a favorable set of circumstances, a convicted child sexual offender can live successfully in
the community without reoffending. You have been assigned to either the "pro" (supports the
statement) or "con" (opposes the statement) team. Only you and your teammates assigned to the
same stance will have access to thi
Suppose you are a family protective services caseworker employed by the county government.
You have been asked to investigate a case of possible elder abuse. Mamie is 87, is slowly losing
her memory to senility and is nearly incapacitated by degenerative arthritis. She lives in her
family home with a 59-year-old div
Find a recent article from a computing magazine or academic journal on the topic of Operating
Systems. It should be more of a "current events" type article...look for articles on some recent
advancement in how an OS works, or a company's implementation of an OS and how the OS
influenced that decision...or about how som
Compare the projects using the Modified IRR technique. Assume that the reinvestment rate for
both projects is 5%. Define the technique. Discuss the difference between this method [the
Modified IRR technique], and the Internal Rate of Return, Net Present Value, Discount Payback
Method & Payback Method Analyze the numbe
Q1: In your own words, discuss the levels of Maslow's Needs Hierarchy and the varying degrees
to which the levels are typically met for an individual. Address whether needs can be categorized
and ranked for their potential to motivate behavior. Q2: Autonomy is regarded as an important
psychological need. Define autono
Imagine that you have been awarded a contract to redesign the website for a spa. The spa owner
has provided you with a list of client requirements for the new design. In addition, you have
gathered user requirements through a survey and interviews. (Spa Customer Survey and Spa
Customer Interviews) Explain what human
Write a paper on the topic Business Process Re-engineering
Question 1 Discuss why those in the human resource development positions are in a prime
position to facilitate the change process. How can they develop employee

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of goods manufactured schedule. (b) Income statement. (c) Balance sheet.

The following items

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Venetian Company management wants to maintain a minimum monthly cash balance of

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The Institute of Management Accountants (IMA) is an organization dedicated to excellence in

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Cinta Company is a manufacturer of toys. Its controller resigned in August 2010. An

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The following is a list of terms related to managerial accounting practices. 1. Activity-based

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Explain what is meant by â€œbalancedâ€ in the balanced scorecard approach.

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What is activity-based costing, and what are its potential benefits?

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Complete the following comparison table between managerial and financialaccounting.

What is the primary goal of the corporation?

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Explain how simple interest payments are determined.

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Why are currency exchange rates constantly changing over time?

How do we measure the advantage of financial leverage to the company's owners?

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Describe the nature of the basic owner-manager agency relationship.

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Is the yield to call always greater than the yield to maturity?

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How is the balance sheet related to the income statement?

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How are trusts distinct from corporations?

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How do sinking funds work?

Demonstrate how to solve a typical retirement problem.

What are the scope and purpose of the auditor's opinion?

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Identify and briefly describe the three main channels of savings.

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Distinguish between market and financial intermediaries.

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In what ways are bonds different from mortgages?

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What is the primary objective of financial reporting under IFRS?

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What is a corporate spread?

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Explain why global financial markets are so important to Canadians.

What complications arise when dealing with mortgage loans in Canada?

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What are the major provisions of SOX?

Why do interest rates on different-maturity Canada bonds differ?

What time-value-of-money formula do we need to value a bond?

Explain what is meant by â€œbalancedâ€ in the balanced scorecard approach.