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Suppose in year 2011 the risk free rate was 6% the market free rate was 9% and the beta of the share was 1.54. Calculate the costs of equity ?
Prepare the journal entry to record pension expense and the employers' contribution to the pension plan in 2011.
On September 3, 2008, Jackson Corporation purchases goods for a U.S. dollar equivalent of $17,000 from a Swiss company. The transaction is denominated in Swiss francs (SFr).
The exercise price is the market price of the shares on the date of grant, $14 per share. The fair value of the 4 million options, estimated by an appropriate option pricing model, is $3 per option.
You bought a share of 5.5 % preferred stock for $92.18 last year. The market price for your stock is now $94.17. What is your total return for last year?
No contributions have been made for 20X5 pension cost. In its December 31, 20X5 balance sheet Jerry should report an accrued pension cost of:
Six months later, Brewer received a telephone call from Merkle and was informed that the company was in serious financial trouble.
Mr. Horris dies on June 30 of the current year. Based on the following facts, compute his gross estate.
The Meyers Pharmaceutical Company, a drug manufacturer, has the following internal controls for billing and recording accounts receivable
The following information is available for Barkley Company's patents:Barkley would record a loss on impairment of:
The following information is available for the Burge Corporation for 2011: finished goods inventory on January 1, 2011
Mega Inc, has common stock and 6% preferred stock outstanding as follows: Preferred stock: 10,000 shares, $100 par value, cumulative. Common stock 50,000 shares, $50 par value.
Carleton Service Center just purchased an automobile hoist for $14,803. The hoist has a 5-year life and an estimated salvage value of $1,394. Installation costs were $2,841, and freight charges were
The project would require additional working capital of $8,000 which would be released at the end of the project. The company's tax rate is 30% and it's discount rate is 15%. What is the net present
The net advantage (incremental income) of processing Special Export further into Prime and Feline Surprise would be:
Construct the journal entries Company X will pass on 1st January, 30th June and 31st December with respect to its acquisition, utilization and trade of carbon emission units.
Mellie Computer Devices Inc. is considering the introduction of a new printer. The company's accountant had prepared an analysis computing the target cost per unit
On that date, K acquired all its outstanding bonds on the open market at 98 and retired them. At June 30, 2011, what amount should K recognize as gain before income taxes on redemption of bonds?
Morino Corporation reported cash provided by operating activities of $360,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash
The management of Gladow Inc. is trying to decide whether it can increase its dividend. During the current year it reported net income of $875,000. It had cash provided by operating activities of $7
The income before income taxes derived by Hull from this lease for the year ended December 31, 2013, should be??
On January 1, 2012, Doone Corporation acquired 80 percent of the outstanding voting stock of Rockne Company for $544,000 consideration.
What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, 2007?
The department actually completed 10,000 hours of production. What is the appropriate total budget for the department, assuming it uses flexible budgeting.
Direct labor rate variance-unfavorable $8,100 Assuming that there was no inventory of work in process at either the beginning or the end of the period, the standard direct labor cost per hour is (ro