Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Adams Moving and Storage, a family-owned corporation, declared a property dividend of 2,000 shares of GE common stock that Adams had purchased in February for $84,000 as an investment. GE’s shares had a market value of $40 per share on the declaration date.
Prepare the journal entries to record the property dividend on the declaration and payment dates.
1. Record adjustment of stock to fair value
2. Record the journal entry on the declaration date
3. Record the journal entry on the payment date
Identify and briefly describe two phases of the capital budgeting process. (b) Would saving time by skipping one of these phases in the capital budgeting process make sense financially?
Suppose that you will receive $100 in 4 years (end of year 4) and every even year thereafter (year 6, 8, …) you will receive a payment that is 5% bigger than the prior payment. What is the present value of these payments assuming the discount rate ..
Davis Industries must choose between a gas-powered and an electric-powered forklift truck for moving materials in its factory. Because both forklifts perform the same function, the firm will choose only one.
Which are two primary ways to estimate investments in net working capital in the operating period of the investment project?
The Viking Corporation, a calendar year corporation, formed and immediately elected to become an S corporation as of January 2, 2012. Brendon has owned 40% of the stock since the corporation’s inceptions, with an original investment of $27,000. How d..
ABC Company's stock has a beta of 1.32, the risk-free rate is 5.25%, and the market risk premium is 5.50%. What is the firm's required rate of return?
Pearson Brothers recently reported an EBITDA of $7.5mil and net income of $1.8million. It had $2.0 mil of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
A project is expected to produce cash flows of $5,000, $8,000, and $16,000 over the next three years, respectively. After three years, the project will be discontinued. What is this project worth today at a discount rate of 15 percent?
What do you notice about the price and the cost of debt? What is the cost of debt for Kenny Enterprises if the bond sells at the following prices?
Explain how firms can benefit from forecasting exchange rates? Describe the common techniques used for forecasting? Explain how forecasting performance can be evaluated. Explain how interval forecasts can be applied.
A convertible bond is selling for $900. It has 10 years to maturity, a $1000 face value, and a 10% coupon paid semi-annually. Similar non convertible bonds are priced to yield 12%. The conversion ration is 40. The stock currently sells for $21.75 per..
During 2014, Raines Umbrella Corp. had sales of $860,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $680,000, $85,000, and $180,000, respectively. In addition, the company had an interest expense of $55,0..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd