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BUSN 460 Senior Project All weeks Discussion Questions CANGO Video Analysis Final Report and Presentation Answer

BUSN 460 Senior Project All weeks Discussion Questions CANGO Video Analysis Final Report and Presentation_Answer

BUSN 460 Senior Project All weeks Discussion Questions CANGO Video Analysis Final Report and Presentation Answer

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BUSN 460  Senior Project  All weeks

MB650 Legal Issues of Employment All Week Assignment answers

MB650 Legal Issues of Employment_All Week Assignment answers

MB650 Legal Issues of Employment_All Week Assignment answers

MB650 Legal Issues of Employment_All Week Assignment answers

MB650 Legal Issues of Employment_All Week Assignment answers

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Coogly Company is attempting to identify its weighted average cost of capital_Only Excel worksheet Answer

Coogly Company is attempting to identify its weighted average cost of capital_Only Excel worksheet Answer

“Coogly Compaidentify its ny is attempting to weighted average cost of capital for the coming year and has hired you to answer some questions they have about the process. They have asked you to present this information in a PowerPoint presentation to the company’s management team. The company would like for you to keep your presentation to approximately 10 slides and use the notes section in PowerPoint to clarify your point. Your presentation should address the following questions and offer a final recommendation to Coogly. Make sure you support your answers and clearly explain the advantages and disadvantages of utilizing the weighted average cost of capital methodology. Include at least one graph or chart in your presentation.
The capital structure for the firm will be maintained and is now 10% preferred stock, 30% debt, and 60% new common stock. No retained earnings are available. The marginal tax rate for the firm is 40%.”

A. Coogly has outstanding preferred stock That pays a dividend of $4 per share and sells for $82 per share, with a floatation cost of $6 per share. What is the component cost for Coogly’s preferred stock? What are the advantages and disadvantages of using preferred stock in the capital structure?

B. If the company issues new common stock, it will sell for $50 per share with a floatation cost of $9 per share. The last dividend paid was $3.80 and this dividend is expected to grow at a rate of 7% for the foreseeable future. What is the cost of new equity to the firm? What are the advantages and disadvantages of issuing new equity in the capital structure?

C. The company will use new bonds for any capital project, according to the capital structure. These bonds will have a market and par value of $1000, with a coupon rate of 6% and a floatation cost of 7%. The bonds will mature in 20 years and no other debt will be used for any new investments. What is the cost of new debt?
D. Given the component costs identified above and the capital structure for the firm, what is the weighted average cost of capital for Coogly?
What are the advantages and disadvantages of using this method in the capital budgeting process?

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Accounting Principles 10th edition P20-1 A_P21-6A_BE 20-5_BE 20-6 BE 20-7 Answer

Accounting Principles 10th edition P20-1 A_P21-6A_BE 20-5_BE 20-6 BE 20-7 Answer

Accounting Principles 10th edition P20-1 A_P21-6A_BE 20-5_BE 20-6_BE 20-7_Question

BE20-5) Data pertaining to job cost sheets for Alomar Tool & Die are given in BE20-3 and BE20-4. Prepare the job cost sheets for each of the three jobs. (Note: You may omit the column for Manufacturing Overhead.)

BE20-6) Formu Company estimates that annual manufacturing overhead costs will be $800,000. Estimated annual Operating activity bases are: direct labor cost $500,000, direct labor hours 50,000 and machine hours 100,000. Compute the predetermined overhead rate for each activity base.

BE20-7) During the first quarter, McKay Company incurs the following direct labor costs: January $40,000, February $30,000, and March $50,000. For each month, prepare the entry to assign overhead to production using a predetermined rate of 90% of direct labor cost.

P20-1A) Bynum Manufacturing uses a job order cost system and applies overhead to production on the basis of direct
Problem 20-1A

Bynum Manufacturing uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2012, Job No. 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $20,000, direct labor $12,000, and manufacturing overhead $16,000. As of January 1, Job No. 49 had been completed at a cost of $90,000 and was part of finished goods inventory. There was a $15,000 balance in the Raw Materials Inventory account.

During the month of January, Bynum Manufacturing began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were also sold on account during the month for $122,000 and $158,000, respectively. The following additional events occurred during the month.
1. Purchased additional raw materials of $90,000 on account.
2. Incurred factory labor costs of $65,000. Of this amount, $16,000 related to employer payroll taxes.
3. Incurred manufacturing overhead costs as follows: indirect materials $17,000; indirect labor $15,000; depreciation expense on equipment $19,000; and various other manufacturing overhead costs on account $20,000.
4. Assigned direct materials and direct labor to jobs as follows.
Job No. Direct Materials Direct Labor
50 $10,000 $5,000
51 39,000 25,000
52 30,000 20,000

Your answer is correct.

Calculate the predetermined overhead rate for 2012, assuming Bynum Manufacturing estimates total manufacturing overhead costs of $1,050,000, direct labor costs of $700,000, and direct labor hours of 20,000 for the year.

Open job cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job No. 50.
Prepare the journal entries to record the purchase of (a) raw materials, the (b) factory labor costs incurred, and the (c) manufacturing overhead costs incurred during the month of January. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Prepare the journal entries to record the assignment of (a) direct materials, (b) direct labor, and (c) manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in part (a). (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Prepare the journal entry (or entries) to record the completion of any job(s) during the month. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Prepare the journal entry (or entries) to record the sale of any job(s) during the month. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

What is the balance in the Finished Goods Inventory account at the end of the month?

What is the amount of over- or underapplied overhead?

P21-6A) Martine Processing company uses a weighted-average process costing system and manufactures a single product – a premium rug shampoo and cleaner. the manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the mixing and cooking department is shown below.

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GSCM 330 Master Planning Week 3 Lab Assignments Answer


GSCM-330-Master Planning_Week 3_Lab_Assignments_A+_Answer

Chapter 13 problems 13.3:
The president of Hill Enterprises, Terri Hill, projects the firm’s aggregate demand requirements over the next 8 months as follows:
Her operations manager is considering a new plan, which begins in January with 200 units on hand. Stockout cost of lost sales is $100 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle-time costs. The plan is called plan A.
Plan A: Vary the workforce level to execute a “chase” strategy by producing the quantity demanded in the prior month. The December demand and rate of production are both 1,600 units per month. The cost of hiring additional workers is $5,000 per 100 units. The cost of laying off workers is $7,500 per 100 units. Evaluate this plan.
Chapter 13 problems 13.5:
Hill is now considering plan C. Beginning inventory, stockout costs, and holding costs are provided in Problem 13.3:
a) Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average requirements and allow varying inventory levels.

Chapter 13 problems 13.9:
Mary Rhodes, operations manager at Kansas Furniture, has received the following estimates of demand requirements:
July Aug. Sept. Oct. Nov. Dec.
1,000 1,200 1,400 1,800 1,800 1,600
a) Assuming stockout costs for lost sales of $100 per unit, inventory carrying costs of $25 per unit per month, and zero beginning and ending inventory, evaluate these two plans on an incremental cost basis:
• Plan A: Produce at a steady rate (equal to minimum requirements) of 1,000 units per month and subcontract additional units at a $60 per unit premium cost.
• Plan B: Vary the workforce, which performs at a current production level of 1,300 units per month. The cost of hiring additional workers is $3,000 per 100 units produced. The cost of layoffs is $6,000 per 100 units cut back.
Chapter 13 problems 13.21:
Forrester and Cohen is a small accounting firm, managed by Joseph Cohen since the retirement in December of his partner Brad Forrester. Cohen and his 3 CPAs can together bill 640 hours per month. When Cohen or another accountant bills more than 160 hours per month, he or she gets an additional “overtime” pay of $62.50 for each of the extra hours: This is above and beyond the $5,000 salary each draws during the month. (Cohen draws the same base pay as his employees.) Cohen strongly discourages any CPA from working (billing) more than 240 hours in any given month. The demand for billable hours for the firm over the next 6 months is estimated below:
Refer to the CPA firm in Problem 13.20. In planning for next year, Cohen estimates that billable hours will increase by 10% in each of the 6 months. He therefore proceeds to hire a fifth CPA. The same regular time, overtime, and outside consultant (i.e., Forrester) costs still apply.
a) Develop the new aggregate plan and compute its costs.
b) Comment on the staffing level with five accountants. Was it a good decision to hire the additional accountant?

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The Reuth Company is evaluating the proposed acquisition of a new machine Answer

The Reuth Company is evaluating the proposed acquisition of a new machine Answer

The Reuth Company is evaluating the proposed acquisition of a new machine. The machine’s base price is $600,000 plus shipping costs of $20,000. The machine falls into the MACRS 3-year class, and it would be sold after 5 years for $10,000. The machine would require an increase in net working capital of $25,000. The machine would have no effect on revenues, but it is expected to save the firm $200,000 per year for 5 years in before-tax operating costs. . Campbell’s marginal tax rate is 35 percent and its cost of capital is 13 percent. a. Calculate the cash outflow at time zero. b. Calculate the net operating cash flows for Years 1 through 5 MACRS 3 year class 0.33 0.45 0.15 0.07 c. Calculate the terminal year cash flow. d. Calculate NPV. Should the machinery be purchased? Why or why not?

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Assignment 1 Lucerne Publishing is a publishing company based in New York City Answer

Assignment 1 Lucerne Publishing is a publishing company based in New York City Answer


Assignment 1: Lucerne Publishing
Customer Question
Assignment 1: Lucerne Publishing
Due Week 2 and worth 100 points
Lucerne Publishing is a publishing company based in New York City, New York, which produces science textbooks for colleges and medical schools. In recent months, Lucerne Publishing has been planning a move toward a “virtual office,” where over 300 writers, editors, and graphics personnel will transition to working out of their homes instead of working in traditional “brick-and-mortar” offices. The main office in New York City will continue to house roughly 200 employees working in centralized functions such as Payroll, Accounting, and Human Resources. The company is also in the midst of a significant upgrade to its network infrastructure at the main office, including an upgrade of all server computers to Windows Server 2008. Each of these departments maintains a number of file and application servers that house sensitive personal and financial data, all of which require extensive security for their sensitive data. As the network administrator for Lucerne Publishing, you are tasked with configuring remote access for these new virtual office employees, while still maintaining the overall security of the Lucerne Publishing network.

Write a two to three (2-3) page paper in which you:
In order to support access for remote employees, you have been authorized to upgrade Internet access at the Lucerne Publishing corporate office. You expect a significant increase in both inbound and outbound traffic as Lucerne Publishing makes the transition to a virtual office environment. You need to choose a method for routing traffic to and from the Internet and the corporate offices. Describe why you should configure a Windows Server 2008 computer to act as your Internet router and any other options you may consider to act as your router.
Determine the types of access you can use to support virtual office staff members with accessing corporate resources, and how you will provide this access.
Lucerne Publishing’s Chief Security Officer is concerned over the security risks posed by allowing access to internal networks by virtual office computers, given that these computers will not be closely monitored by corporate IT staff. Discuss what you can do to minimize the risks to Lucerne Publishing’s internal resources.
At Lucerne’s main office in New York City, you have an SQL Server 2005 database against which clients perform numerous read-intensive operations. You have been tasked with optimizing the performance of this database as much as possible. Based on this requirement, explain how you should configure the disks on which the database files will be installed.

Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citation and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length

.

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A company has Taxable Income of $70,000 and Pre-tax Income of $80,000 during fiscal year 2012 Answer

A company has Taxable Income of $70,000 and Pre-tax Income of $80,000 during fiscal year 2012 Answer


A company has Taxable Income of $70,000 and Pre-tax Income of $80,000 during fiscal year 2012. The statutory tax rate is 35.0% and the effective tax rate is 30%

What is Income Tax Expense for 2012?

Which of the following are permanent differences? (check all that apply)
Tax-free interest income
Cash advances from customers
State taxes
Warranty expense
Depreciation expense

Question 3
Which of the following are true about Deferred Tax Liabilities? (check all that apply)
Initially, tax rules require smaller expenses than GAAP
Initially, tax rules require bigger expenses than GAAP
In the future, tax rules require smaller expenses than GAAP
They represent an obligation to make higher tax payments in the future
In the future, tax rules require bigger expenses than GAAP

Question 4
A company has a temporary difference due to depreciation. For fiscal year 2012, its Income Tax Expense is $15,000 and its Taxable Income is $100,000. The statutory tax rate is 35%

What is the correct journal entry for recording 2012 Income Tax Expense and Income Tax Payable?
Dr. Income Tax Expense 15,000
Dr. Deferred Tax Liabilities 20,000
Cr. Income Tax Payable 35,000

Question 5
A company has a temporary difference due to doubtful accounts (i.e., bad debt expense). For fiscal year 2012, its Income Tax Payable was $10,000 greater than its Income Tax Expense.

What happened to deferred taxes in 2012?
Deferred Tax Liabilities increased by $10,000
There was no effect on Deferred Tax Assets or Deferred Tax Liabilities
Deferred Tax Liabilities decreased by $10,000
Deferred Tax Assets decreased by $10,000
Deferred Tax Assets increased by $10,000

Question 6
A company has a Deferred Tax Asset of $35,000. Now, the government has just changed the statutory tax rate from 35% to 30% effective immediately.

What is the correct journal entry to record the impact of this tax rate change?
Dr. Income Tax Payable 5000
Cr. Deferred Tax Assets 5000

Dr. Income Tax Expense 5000
Cr. Income Tax Payable 5000

Dr. Deferred Tax Assets 5000
Cr. Income Tax Expense 5000

Dr. Deferred Tax Assets 5000
Cr. Income Tax Payable 5000

Dr. Income Tax Expense 5000
Cr. Deferred Tax Assets 5000

Question 7
A company had Taxable Income of $20,000 in 2011 and a Net Operating Loss (NOL) of $40,000 in 2012. This is the company’s first-ever NOL. The company thinks that it is more likely than not that it will have taxable income in the future before the tax loss carryforward would expire. The statutory tax rate is 35.0%.

What is the amount of the Deferred Tax Asset for NOLs at the end of 2012?
$20,000
$40,000
$0
$14,000 – (if the company makes an election not to carryback; the answer would be 7000 if the company did carryback. The general rule under section 172(b)(2) is that an NOL is used in the following order until exhausted:

Carried back to the second preceding tax year;
Carried back to the first preceding tax year; and
Carried forward to the following 20 tax years.)

$7,000

Question 8
A company had total Deferred Tax Assets related to NOLs of $35,000. It also had a Valuation Allowance of $10,000 due to the NOLs in the Faroe Islands. Now, the company thinks that it is more likely than not that it will be able to use the NOLs in the Faroe Islands. The statutory tax rate is 42.0% in the Faroe Islands.

How will the change to the “more likely than not” determination for the Faroe Islands affect Net Income?
Increase Net Income by $10,000
There is no effect on Net Income
Increase Net Income by $4,200
Decrease Net Income by $4,200
Decrease Net Income by $10,000

Question 9
After preparing a preliminary version of its financial statements, a company found that it made a mistake in computing bad debt expense on the books. The company needed to reduce Bad Debt Expense on its books by $100,000.

Which of the following would be increased by this change? (check all that apply)
Cash flow from Operations
Income Tax Expense
Deferred Tax Liabilities
Deferred Tax Assets
Income Tax Payable

Question 10
A company purchased a marketable security for $10,000 on 3/3/2013. On 3/30/2013, the company prepared its financial statements and marked the security to its market value, which was $17,500. The security was sold on 4/30/2013 for $15,000. The company used the Available-for-Sale method to account for the security. The statutory tax rate is 35%.

What was the effect of the sale of the security on Income Tax Payable on 4/30/2013?
$875 decrease in Income Tax Payable
$1,750 increase in Income Tax Payable
There was no effect on Income Tax Payable
$875 increase in Income Tax Payable
$1,750 decrease in Income Tax Payable

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MGMT600 MBA Capstone Operations Plan Final

MGMT600 MBA Capstone Operations Plan Final

MGMT600 MBA Capstone Operations Plan Final

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ECO 320 Chapter 16 # Numerical Exercises 11 and 12 homework A+ Answer

ECO 320 Chapter 16 # Numerical Exercises 11 and 12 homework A+ Answer

Chapter 16: Numerical Exercises 11 and 12

11. Below is the balance sheet of a bank. The reserve requirement is 3 percent on the first $30 million of transactions deposits and 10 percent on transactions deposits in excess of $30 million. The bank holds no required clearing balances.

(Amounts on the balance sheet are in millions of dollars.)
Assets Liabilities + Capital
Reserves $15.9 Transactions deposits $180.0
Loans $150.0 Equity capital $ 20.0
Securities $34.1
Total $200.0 Total $200.0

a Calculate the bank’s excess reserves.

b Suppose that the bank sells $5 million in securities to get new cash. Draw up the bank’s balance sheet after this transaction. What are the bank’s excess reserves?

c Suppose that the bank makes a loan to a customer equal to the amount of its excess reserves from part b. Draw up the bank’s balance sheet before the customer spends the proceeds of the loan. What are the bank’s excess reserves?

d Now suppose that the customer spends the proceeds of the loan. Draw up the bank’s balance sheet, and calculate its excess reserves.

12. Consider the following balance sheet of Princeton Bank:
Balance Sheet for Princeton Bank
(Amounts on the balance sheet are in millions of dollars.)
Assets Liabilities + Capital
Reserves $30 Transactions deposits $300.0
Securities $140 Nontransactions deposits $140.
Loans $280 Capital $ 10.0
Total Assets $450 Total $450.0

Of Princeton Bank’s reserves, $6 million are required clearing balances held at the Federal Reserve Bank of Philadelphia. Statistics for the economy as a whole are
D=$2,000 billion
R=$200 billion
C/D= 0.2=ratio of currency to transactions deposits,
N/D= 2.0= ratio of nontransactions deposits to transactions deposits,
MMF/D = 1.6 = ratio of retail money-market mutual funds to transactions deposits,
q = 0.08 = 8% = required reserve ratio on transactions deposits = RR/D = ratio of required reserves to transactions deposits

RCB/D = 0.02 = 2%= ratio of required clearing balances to transactions deposits.

A – Calculate the monetary base MB, M1, and M2. Are there any excess reserves in Princeton Bank? Are there any excess reserves in the economy as a whole?

B- Calculate the multipilers for M1 and M2.

C- Calculate the values of N, D, C, R, MMF, and RCB using the fact that C/D = 0.2 and C + D = M1.

D- Suppose that the Fed raises the reserve requirement on transactions deposits to 0.18 = 18%. What happens to Princeton Bank’s balance sheet? Does it have excess reserves, or is it short of reserves? Calculate the new M1 and M2 multipliers. What happens to MB, M1, M2, N, D, C, MMF, RCB, and R ?

E- Suppose that instead of raising the reserve requirement as in part c, the Fed sells $150 billion of securities in the open market, including $30 million to a customer of Princerton Bank. What happens to Princeton Bank’s balance sheet? Does it have excess reserves, or is it short of reserves? Calculate the new M1 and M2 multipliers. What happens to MB, M1, M2, N, D, C, MMF, RCB, and R?

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