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Based on the ratios calculated, discuss briefly the improvement or lack thereof in financial position and operating results from 2011 to 2012 of Sievert Corporation.
Skinner Industries from Conway, North Carolina has found an exclusive market in supplementary equipment to support the ever increasing motor sports market.
Compute each of the following ratios for both JDS and MLS. Select the company that better meets Westfield"s criteria.
Assume that you are nearing graduation and have applied for a job with a local bank. The bank's evaluation process requires you to take an examination that covers several financial analysis techniqu
Explain how Borman Company should classify each of these three leases. Discuss the rationale for your answer. Identify the amount, if any, Borman records as a liability at inception of the lease for e
Explain why stock buybacks are similar to dividends from the company"s viewpoint. Explain why managers might prefer the purchase of treasury shares to the payment of dividends.
The stock of Carroll's Bowling Equipment currently pays a dividend (D0) of $3. This dividend is expected to grow at an annual rate of 15 percent for the next three years.
Identify the basic rights inherent in ownership of common stock and explain how owners exercise them. Describe preferred stock. Discuss various preferences often afforded preferred stock.
You expect inflation to be 3% per year for the next 20 years, and nominal interest rates are expected to stay around 8% per year
A country in Southeast Asia states its gross domestic product (GDP) in terms of yen. Assume that last year its GDP was 50 billion yen when one U.S. dollar could be exchanged for 120 yen. Determ
Explain why corporations do not recognize the difference between the purchase and sale price of treasury stock as a profit or loss.
Determine the nation's gross private domestic investment. If imports exceed exports by $25 million, how would your answer to (a) change?
Explain when disclosure is required, and what disclosures are necessary, for a loss contingency that does not meet the criteria for accrual of a charge to income.
Describe how lessee accounts for a capital lease both at inception of the lease and during the first year of the lease. Assume the lease transfers ownership of the property to the lessee by the e
Consider the following statement: It is most sensible to start with the sales budget and develop the other budget from there. After what you have learned this week with regards to budget processes a
Define margin of safety as it applies to debt contracts and describe how the margin of safety can impact assessment of the relative level of company risk.
The potential for earnings manipulation has been substantially reduced following the development and adoption of a broad range of internationally recognised and agreed accounting standards. Discuss
Identify features of preferred stock that make it similar to debt. Identify the features that make it more like common stock.
Define a commitment and provide three examples of commitments for a company.
Examine Sid's investment objectives in view of what you know about his financial situation. Identify any inconsistencies between his stated objectives and his plans.
Explain when a manager would consider "taking a big bath" and how analysis of current financial position and future profitability might be adjusted if one suspects that a company has taken a big
Describe the "corridor method" for deferring and amortizing actuarial gains and losses and return on plan assets. What is the rationale for using this method?
The three possible outcomes of an investment are listed below. All outcomes are equally likely. Calculate the average profit, variation and the standard deviation of this investment.
Describe differences between defined benefit and defined contribution pension plans. How does the accounting differ across these two types of plans?
The pooling of interest and the purchase method are the two methods allowed by the FASB in accounting for Mergers and Acquisitions.