Using the data in the following table for a number of firms in the same industry, do the following: Compute the total asset turnover, the net profit margin, the equity multiplier, and the return on equity for each firm.b. Evaluate each firm’s performance by comparing the firms with one another. Which firm or firms appear to be having problems? What corrective action would you suggest […]

Eurodollar CDs would include : a)     Dollar investment by European entities in the U.S. b)     CDs denominated in Euros c)      Dollars deposited in Japanese banks d)     Both B& C.

wade and paul form swan corp with the following investments. wade transfers machinery basis of $ 40,000 and FMV of $ 100,000 while Paul transfers land basis of $ 20,000 and FMV of $ 90,000 and services rendered worth $ 10,000 in organizing the corporation. with respect to the transfer a) wade has no recognized gain and paul has gain of $80,000 b) neither has […]

On January 1, 2012, the Husky Corporation purchased 90% of the Spartan Company’s voting stock for $2,700,000. Spartan’s net assets had a book value of $2,450,000; the fair value of Spartan’s building was $325,000 greater than its book value. The book value of Husky’s net assets immediately after the acquisition of Spartan totaled $6,850,000. Husky used the acquisition method to prepare its consolidated balance sheet. […]

Purple Turtle Group buys on terms of 3/20, net 45 from its chief supplier. if Purple Turtle receives an invoice for ;1,889.99, what would be the true price of this invoice? O $1,283.30 O $1,558.30 O $1,833.29 • $1,466.63 The nominal annual cost of the trade credit extended by the supplier is___________ A)55.94% B)46.91% C)53.23% D)45.11%  Suppose Purple Turtle does not take advantage of the […]

“Rolfe Inc. sells 4 products, A, B, C, and D in a mix of 9:7:6:2 respectively. The sales prices, respectively, are $13, $19, $8 and $12. Product A has variable costs of $10 and product B of $14. The contribution margin percentage for C is 25% and for D 75%. Fixed costs total $320,000. In the coming year Rolfe wants to make a profit of […]

You want to have $1 million to use for retirement in 35 years. If you can earn 1% per month, how much do you need to deposit on a monthly basis if the firstpayment is made in one month?What if the first payment is made today?You are considering preferred stock that pays a quarterly dividend of $1.50. If your desired return is 3% per quarter, […]

The equity of Blooming Roses has a total market value of $16,000. Currently, the firm has excess cash of $1,200 and net income of $15,400. There are 750 shares of stock outstanding. What will be the percentage change in the stock price per share if the firm pays out all of its excess cash as a cash dividend? The equity of Blooming Roses has a […]

Why does a company need to know about laws such as the WARN Act? Convince the executive team that communicating information such as the WARN Act is important when a BPO contract has been signed. Use examples from current situations and discussions in class.

On January 1, 2012, the Regal Company purchased 30% of the outstanding voting stock of the Air Corporation for $300,000; the book value of Air’s net assets at the date of purchase was $900,000. Regal was willing to pay more than the book value of the acquired shares because Air’s depreciable assets with a ten-year remaining life was undervalued. Regal uses straight-line depreciation. During 2012, […]