ENG SL     login   register  
MuhammadYousaf
MuhammadYousaf
 
 
 
 All content arrowdown greybar search
 
 
 MuhammadYousaf  tutorials

previous | next

MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
Equivalent Annual Cost [LO4] When is EAC analysis appropriate for comparing two or more projects? Why is this method used? Are there any implicit assumptions required by this method that you find tro
Equivalent Annual Cost [LO4] When is EAC analysis appropriate for comparing two or more projects? Why is this method used? Are there any implicit assumptions required by this method that you find troubling? Explain.
quote
future technology improvement that could alter the project cash flows.The EAC approach is appropriate when comparing mutually exclusive projects with ...(70 more words & 0 attachments).
attachments view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
Payback and NPV [LO1,2] An investment under consideration has a payback of seven years and a cost of $875,000. If the required return is 11 percent, what is the worst-case NPV?
Payback and NPV [LO1,2] An investment under consideration has a payback of seven years and a cost of $875,000. If the required return is 11 percent, what is the worst-case NPV?
quote
ad ...(1 more words & 1 attachments).
attachments
 solv.xlsx (9KB)  
view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
1. Mix of manufacturing processes Please give one example of an operation that mixes two or more manufacturing processes to provide goods or services. Please explain how and why they do it the way th
1. Mix of manufacturing processes Please give one example of an operation that mixes two or more manufacturing processes to provide goods or services. Please explain how and why they do it the way they do it. 2. It's all about perception... Find two examples where producers use assembly line or continuous flow to create an impression that the final products or services are actually custom made. You cannot use examples we used in class.
quote
ustom made. You cannot use examples we used in class. If we take the example of food or Pizza stores, we are facing these phenomena there. As we reach the Pizza outlet with some basic requirements that we want to make our pizza a bit different like less spicy or spicier, with less toping or extra toping. So, the pizzas are produced in continuous process and there is no differentiation with the other pizzas being produced...(1482 more words & 0 attachments).
attachments view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
Comparing Investment Criteria [LO1,2,3,5,7] Consider the following two mutually exclusive projects:
Comparing Investment Criteria [LO1,2,3,5,7] Consider the following two mutually exclusive projects:
quote
e do...(1 more words & 1 attachments).
attachments
 solved.xlsx (12KB)  
view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
December Transaction 16 Receive a purchase order from California Premium Beverage (page 17). Fill and ship the order. Complete Invoice No. 15535, Bill of Lading No. 136480 and record the sale in the
December Transaction 16 Receive a purchase order from California Premium Beverage (page 17). Fill and ship the order. Complete Invoice No. 15535, Bill of Lading No. 136480 and record the sale in the journals and ledgers. W. A. Bierkstahler is the sales account representative. Relevant data: shipment weight - 12,532 lbs., trailer # - 122302, serial # - 999356278. The carrier is CA Express. Leave the CID No. blank. 16 Order 29 tons of white grapes at $541.11 per ton from Mendocino Vineyards. The item number for the white grapes is WG1003. Complete Purchase Order No. 9682. Relevant data: date required - Dec. 22, shipper - Longhorn Shippers, Inc., buyer - Franz Bieler, supplier # - M0652. 16 Purchase a 20XW Ford truck for $26,750.00. The terms include a $4,750.00 down payment and a 3-year, 6% promissory note to Ford Credit for the remaining $22,000.00. Principal and interest on the note are due monthly beginning January 4, 20XY. The company expects the truck to have a useful life of 5 years and no salvage value. Prepare Check No. 19257 payable to Potter Valley Ford for the down payment and record the transaction in the journals and ledgers. 16 The Board of Directors of Chateau Americana authorized a $50,000 cash dividend payable on January 20th to the stockholders of record on January 15th. 17 Receive a phone complaint from Seaside Distributors about a case of Chenin Blanc that was damaged in shipment. The case was part of Invoice No. 15175, dated November 5, 20XX, in the amount of $20,438.40. Seaside paid the invoice on November 19, 20XX and took advantage of the discount (terms 3/15, net 30). Prepare Credit Memo No. 2753 to write-off the damaged inventory that was not returned, and prepare Check No. 19286 to reimburse Seaside for the damaged goods. Record the transactions in the journals and ledgers. W. A. Bierkstahler is the sales account representative. Relevant data: customer PO # - MZ5713. (Note: Be sure to review Returns and Allowances on Page 6.) December Transaction 19 Receive $850 refund from California Wine & Cheese Monthly for overpayment of advertising costs (page 18). Enter the receipt on Cash Receipts Summary No. 5712 and record the cash receipt in the journals and ledgers. 19 Receive payment in full from Pacific Distribution Co. on Invoice No. 15243 dated November 13, 20XX, in the amount of $19,576.80 (page 19). Enter the receipt on Cash Receipts Summary No. 5712 and record the cash receipt in the journals and ledgers. 19 Receive a purchase order (page 20) with payment (page 21) from Sonoma Distributors. Fill and ship the order. Complete Invoice No. C2489, enter the receipt on Cash Receipts Summary No. 5712, and record the sale in the journals and ledgers. W. A. Bierkstahler is the sales account representative. Relevant data: shipment weight - 7,650 lbs., trailer # - 279AJ1, serial # - 919515094. (Hint: Use the Other Account column to post Inventory and Cost of Goods Sold.) DO NOT create a Bill of Lading for this purchase order. 22 Receive 19 tons of red grapes at $703.40 per ton from Mendocino Vineyards. Also received Invoice No. M7634 from Mendocino Vineyards with the shipment (page 22). Terms on the invoice are 2/10, net 30. Complete Receiving Report No. 17251 and record the inventory in the journals and ledgers using the gross method. 26 Receive utility bill from Pacific Gas and Electric in the amount of $18,887.62 (page 23). Prepare Check No. 19402 and record the payment in the journals and ledgers. 30 Receive Brokerage Advice from Edwards Jones for purchase of 500 shares of Microsoft at $49.20 per share plus $400 broker’s commission (page 24). Prepare Check No. 19468 and record the purchase in the journals and ledgers. 30 Prepare Check No. 19473 payable to Mendocino Vineyards for the shipment received on December 22 and record the payment in the journals and ledgers. 31 Receive payment in full for the December 16 purchase from California Premium Beverage (page 25). Enter the cash receipt on Cash Receipts Summary No. 5718 and record the cash receipt in the journals and ledgers. 31 Prepare Payroll Checks (Nos. 7111-7114) for Anna Johnson, José Rodriguez, Tom Bryan, and Bob Hissom. Time cards for Tom and Bob are on pages 26-27. Prepare Check No. 19474 to transfer cash from the general cash account to the payroll account. Record the payroll transactions and all appropriate accruals in the journals and ledgers. 31 Prepare Check No. 19475 to repay $50,000 of the principal on long-term debt to Bank of Huntington and record the payment in the journals and ledgers. We only have Sales Register, Cash Receipts Journal, purchases journal, cash disbursements journal, payroll journal,Accounts receivables Subsidiary Ledger, perpetual inventory subsidiary ledger, accounts payable subsidiary ledger,employee payroll subsidiary ledger,fixed asset subsidiary ledger. For example transaction 1 would involve sales register, accounts receivable subsidiary ledger and perpetual inventory subsidiary ledger.
quote
...(1857 more words & 0 attachments).
attachments view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows:
Problems With IRR [LO5] Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows:
quote
ws:Light Sweet Petro...(1 more words & 1 attachments).
attachments
 solved.xlsx (9KB)  
view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
Internal Rate of Return [LO5] Concerning IRR: a. Describe how the IRR is calculated, and describe the information this measure provides about a sequence of cash flows. What is IRR criterion decision
Internal Rate of Return [LO5] Concerning IRR: a. Describe how the IRR is calculated, and describe the information this measure provides about a sequence of cash flows. What is IRR criterion decision rule? b. What is the relationship between IRR and NPV? Are there any situations in which you might prefer one method over the other? Explain. C. Despite its shortcoming in some situations, why do most financial managers use IRR along with NPV when evaluation projects? Can you think of a situation in which IRR might be a more appropriate measure to us than NPV? Explain. 
quote
ain.Internal Rate of Return [LO5] Concerning IRR: a. Describe how the IRR is calculated, and describe the informa...(587 more words & 0 attachments).
attachments view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
Nachman Industries just paid a dividend of D0 = $1.32. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The
Nachman Industries just paid a dividend of D0 = $1.32.  Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter.  The required return on this low-risk stock is 9.00%.  What is the best estimate of the stock’s current market value? a.    $41.59 b.    $42.65 c.    $43.75 d.    $44.87 e.    $45.99                                          Sorensen Systems Inc. is expected to pay a $2.50 dividend at year end (D1 = $2.50), the dividend is expected to grow at a constant rate of 5.50% a year, and the common stock currently sells for $52.50 a share.  The before-tax cost of debt is 7.50%, and the tax rate is 40%.  The target capital structure consists of 45% debt and 55% common equity.  What is the company’s WACC if all the equity used is from retained earnings? a.    7.07% b.    7.36% c.    7.67% d.    7.98% e.    8.29% Lasik Vision Inc. recently analyzed the project whose cash flows are shown below.  However, before Lasik decided to accept or reject the project, the Federal Reserve took actions that changed interest rates and therefore the firm's WACC.  The Fed's action did not affect the forecasted cash flows.  By how much did the change in the WACC affect the project's forecasted NPV? Note that a project's projected NPV can be negative, in which case it should be rejected. Old WACC:  8.00%        New WACC:  11.25% Year              0        1        2        3   Cash flows     -$1,000    $410     $410     $410   a. -$59.03 b. -$56.08 c. -$53.27 d. -$50.61 e. -$48.08
quote
e answered...(3 more words & 1 attachments).
attachments
 solved.xlsx (10KB)  
view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
Questions 1-4 use the following information: The Bakersfield Company has the following information available for June: Costs Beginning Inventory Current Period Direct materials $3,380 $ 31,620 Conv
Questions 1-4 use the following information: The Bakersfield Company has the following information available for June: Costs Beginning Inventory Current Period Direct materials $3,380 $ 31,620 Conversion costs 9,090 143,100 At the beginning of June, there were 800 units in process that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. During June, 5,800 units were started and completed. Ending inventory contained 400 units that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. (Assume that the company uses the FIFO process costing method.) 1. The equivalent units of production for direct materials and conversion costs, respectively, were a. 6,200 for direct materials and 6,360 for conversion costs. b. 6,200 for direct materials and 6,840 for conversion costs. c. 7,000 for direct materials and 6,360 for conversion costs. d. 7,000 for direct materials and 6,840 for conversion costs. 2. The cost per equivalent unit for direct materials and conversion costs, respectively, were a. $5.10 for direct materials and $22.25 for conversion costs. b. $5.10 for direct materials and $22.50 for conversion costs. c. $5.00 for direct materials and $22.50 for conversion costs. d. $5.00 for direct materials and $22.25 for conversion costs. 3. The total costs that will be transferred into the Finished Goods Inventory account of Bakersfield during June are a. $174,720. b. $179,750. c. $179,850. d. $187,190. 4. The total costs that will be allocated to ending Work-in-Process of Bakersfield for June are a. $7,340. b. $7,440. c. $10,900. d. $11,040. Questions 5-8 use the following information: The Bakersfield Company has the following information available for June: Costs Beginning Inventory Current Period Direct materials $3,380 $ 31,620 Conversion costs 9,090 143,100 At the beginning of June, there were 800 units in process that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. During June, 5,800 units were started and completed. Ending inventory contained 400 units that were 60 percent complete as to conversion costs and 100 percent complete as to direct materials costs. (Assume that the company uses the Weighted Average process costing method.) 5. The equivalent units of production for direct materials and conversion costs, respectively, were a. 6,200 for direct materials and 6,360 for conversion costs. b. 6,200 for direct materials and 6,840 for conversion costs. c. 7,000 for direct materials and 6,360 for conversion costs. d. 7,000 for direct materials and 6,840 for conversion costs. 6. The cost per equivalent unit for direct materials and conversion costs, respectively, were a. $5.10 for direct materials and $22.25 for conversion costs. b. $5.10 for direct materials and $22.50 for conversion costs. c. $5.00 for direct materials and $22.50 for conversion costs. d. $5.00 for direct materials and $22.25 for conversion costs. 7. The total costs that will be transferred into the Finished Goods Inventory account of Bakersfield during June are a. $174,720. b. $179,750. c. $179,850. d. $187,190. 8. The total costs that will be allocated to ending Work-in-Process of Bakersfield for June are a. $7,340. b. $7,770. c. $10,900. d. $11,040. Questions 9-10 use the following information: The following overhead cost estimates are available for the Hawk Corporation for the upcoming year 2015: Activity Cost Driver Estimated Cost Design Number of design hours $ 500,000 Machine setups Number of setups $ 400,000 Quality control Number of inspections $ 300,000 The Company estimated the following activities during the upcoming year 2015: 25,000 design hours; 5,000 machine setups; and 60,000 inspections. The Company estimated that 24,000 direct labor hours would be incurred during the upcoming year 2015. During 2015, the following activities were recorded for Job B-9502: Direct labor hours 60 Design hours 55 Machine setups 15 Inspections 120 9. What is the amount of overhead applied to Job B-9502 using the traditional approach based on direct labor hours? a. $60. b. $190. c. $2,900. d. $3,000. 10. What is the amount of overhead applied to Job B-9502 using Activities Based Costing (ABC) approach? a. $60. b. $190. c. $2,900. d. $3,000.
quote
loa...(1 more words & 1 attachments).
attachments
 THE.docx (24KB)  
view
MuhammadYousaf
 MuhammadYousaf
posted
Feb 27 2014 
library
1. Payback Period and Net Present Value [LO1,2] If a project with conventional cash flows has a payback period less than the project's life, can you definitively state
1. Payback Period and Net Present Value [LO1,2] If a project with conventional cash flows has a payback period less than the project's life, can you definitively state
quote
...(290 more words & 0 attachments).
attachments view

previous | next


 
 
 
 


 
english slovenščina
About Us |  FAQs |  Contact Us |  Privacy Policy |  Our Fees |  Copyright Infringement Policy
getmeAplus
© teclogist d.o.o 2012-2014