papers01-blog

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Economics Practice Problems For Final Exam

Practice Problems for Final Exam I. You are offered the opportunity to buy a note for $12,800. The note is certain to pay $2,000 at the end of each of the next 10 years. If you buy the note, what rate of interest will you receive?1 Assume capital markets are perfect.II. You need $25,000 five years from now.1. If you budget to make equal payments at the end of every year into an account that pays an annual interest rate of 7 percent, what are your annual payments?2. Now assume you have up to $20,000 today to set aside in savings. How much of it must you put into the same account as a lump sum today to meet your goal?III. The Highest Potential, Inc., will pay a quarterly dividend per share of $1 in each of the next 12 quarters. Subsequently, the dividend will grow at a quarterly rate of 0.5 percent indefinitely. The appropriate rate of return on the stock is 10 percent. What is the current stock price? Assume capital markets are perfect.IV. A project costs $100 today to finance and pays off (next period) $140 with probability 1/2, $100 with probability 1/4, and $50 with probability 1/4. Assume the time-premium is 10%. Assume capital markets are perfect and all investors are risk-neutral.1. If a manager (of the project) wants to partly finance the project with a $50 bond, what promised rate of return must he(she) offer? What is the face value of the bond?2. If a manager wants to (fully) finance the project with a $100 bond, what must be the promised rate of return? What would be the face value of the bond? Is this a viable method of financing the project?3. Now assume the manager chooses to finance the project with a mixture of debt vs. self-financing, i.e. equity. What is the optimal (profit-maximizing)mix of debt and equity?2 V. For any given stock X, let µX denote its mean and ?X its variance. Assume an 2 investor has utility function, u(X) = µX ? ?X , and has a budget of $1 to allocate between stocks A, B with mean, standard deviation as follows: (i) µA = 3, ?A = 1,1 Just set up the formula that pins down the rate of interest. For his problem and for part (1)of II, no need to solve it out numerically. 1 (ii) µB = 9, ?B = 3. Also assume that ?A,B = ?1, i.e. the stocks are perfectly negatively correlated. Assume both A, B cost $1 per share and that shares are infinitely divisible, i.e. you can buy any fraction ? of a share. Compute the utility maximizing portfolio choice of the investor.VI. Write down the put-call parity relations with and without dividends. For either one, provide a brief (concise) argument for why the relation holds. Assume capital markets are perfect.VII. Invest in us, Inc. issues a convertible bond with a face value of $120, with the option to convert the bond into 3 shares of stock in the company. Draw the payoff diagram of the convertible bond. Can you replicate the payoff diagram for the convertible bond with a portfolio consisting of a regular (i.e. nonconvertible) bond and one or more call options on Invest in us stock? (Assume calls are written on single shares of stock). If so, describe the portfolio of calls and (non-convertible) bonds which replicates the convertible bond.VIII. State the Modigliani-Miller theorem 2 (MM2). Make sure to clearly describe the assumption(s)). Now use this result to show that (under the assumptions of MM2) a firm’s (weighted average) cost of capital is independent of its capital structure.IX. Smart Options, Inc. has no debt. Its assets will be worth $450 million in one year if the economy is strong, but only $200 million in one year if the economy is weak. Both events are equally likely. The market value today of its assets is $250 million.1. Suppose the risk-free interest rate is 5%. If SO borrows $100 million today at this rate and uses the proceeds to pay an immediate cash dividend, what will be the market value of its equity just after the dividend is paid?2. What is the (expected) return rate on SO stock after the dividend is paid in part (1)? 2

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Show That The Following Three Polynomials

Name:Math 4564 Homework 71. Show that the following three polynomials are orthogonal in L2 [−1, 1]φ0 (x) = 1,φ1 (x) = x,1φ2 (x) = (3x2 − 1)22. Compute the norms ||φi (x)|| for the polynomials in the previous problem. 3. Compute the best approximation p2 (x) for the function f (x) = ex . p2 (x) = c0 φ0 (x) + c1 φ1 (x) + c2 φ2 (x),ck =f, φkφk , φkYou can use Integrate[. . . ] command in Mathematica to compute c2 . Plot both f (x) and p2 (x) in Mathematica on the same set of axes. 4. Use Mathematica to show that the functionsφk (x) = sin2kπxb−aand ψk (x) = cos2kπx ,b−ak = 1, 2, 3, . . . form an orthogonal set in L2 [a, b]. Hint:Use Integrate[. . . ,{x,a,b}] command to compute the inner products.

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Jim Range Owns A Best Ice Cream Store, One Of 1,000 Franchises

1. Jim Range owns a Best Ice Cream store, one of 1,000 franchises across the country. Jim doesn’t like to work evenings, so he hires Mary Jo Smith to work the store in theevening for $6. 50 per hour. Mary Jo’s Friends come by each evening and she givesthem free cones. Is this an adverse selection problem or an incentive problem? What isthe solution?2. Independence Burgers serves fast food at its 300 franchised outlets across the South. The chain has recently found that (a) people are upgrading to restaurants when they eatout, (b) government regulation of beef has been tightened, and (c) modern foodpreparation technology makes central commissaries more cost effective. What shouldIndependence Burgers be thinking about doing with its organizational architecture?3. Missy Knowles is in charge of all technical developments at Gumby Polymer Rubber. She makes all the choices concerning product innovations in the company. She findsthat she is overworked and that several of her research chemists seem to be spendingwork hours playing gulf. What managerial advice would you provide to Gumby PolymerRubber? Clearly explain your reasoning. 4. Decentralized decision-making is very controversial in a corporate environment. Centraloffice managers feel like they are losing control of managers in specific plants orregional offices. What are some of the issues that must be reviewed before making thefinal decision on where to place final decision-making power?5. Macrosoft is implementing a new research and design shop to integrate PCmanufacturers’ requirements for new computer software with Macrosoft’s operatingsystem. The process of integration usually requires five different kinds of softwaremodification task, plus decisions about integrating these modifications. Discuss theproblem of designing the new jobs in this research and design shop. 6. Enhanced Computers specializes in rebuilding computers. Recently reorganized intographic divisions, the southern division headed by Dan Unowsky is outperforming theother divisions in sales and profits. However, corporate executives have noticed theUnowsky no longer send refurbished computers to other divisions, and he has institutedspecial warranties and pricing systems unavailable in the rest of the company. ShouldUnowsky be promoted or fired?7. In the Bagby Copy Company case study, the executives are faced with wiring tendifferent copiers that they make in five separate European countries. They must choosebetween specializing by country or specializing by manufacturer of copier type. Theexecutives hire a lobbyist to work for a standard regulatory and sales environmentacross the entire European Union. Why?8. The owners of Market Analysts, a business and economics consulting firm, are bigbelievers in paying benchmark competitive wages. They pay all (non-legally specified)compensation in wages. If the employee wants a benefit, the company has an insuranceprogram but it comes out of the paycheck. Market Analyst tends to hire very youngworkers just out of college. They are energetic and work hard, but after two years theytend to leave for other firms, taking valuable training lessons with them. If MarketAnalysts want to keep its employees, what changes should it make to the terms ofemployment offered to new employees?9. Explain the effect of self-selection on compensating wage differential. 10. What are the factors that favor high incentive pay for an employee? Explain which of thefive factors is the most important. Now provide a detailed, expressive fictional storyshowing how this concept plays out. 11. The DuPont case is a good example of an incentive package gone awry. In review, itplaced a portion of employee’s pay into an “at-risk pool. ” If the division had exceededexpectations, the employees would have saved the DuPont bonus system?12. A few years ago the state legislature of a particular state passed a bill that increasedfunding for only those public universities that showed an increase in graduation rates. Intwo years, the bill was retracted. Why was the bill enforced in the first place just to bewithdraws so soon?

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The Manager Of A Local Movie Theater Believes That Demand

The manager of a local movie theater believes that demand for a film depends on when the movie is shown. Early moviegoers who go to the films before 5pm are more sensitive to price than are even-ing moviegoers. With some market research, the manager discovers that the demand curves for day-time (D) and evening (E) moviegoers are QD=100-10PD and QE=140-10PE respectively. The marginal cost of showing a movie is constant and equal to $3 per customer no matter when the movie is shown. This includes the cost of ticketing and cleaning.a. What is profit maximizing pricing policy if the manager charges the same price for daytime and evening moviegoers? What is attendance in each showing and what is aggregate profit per day?b.Now suppose the manager adopts a third-degree pricing discrimination scheme, setting a different day and evening price. What are the profit maximizing prices? What is attendance at each ses-sion? Confirm that aggregate attendance is as in part a what is aggregate profit per day?

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A Project Has The Following Cash Flows

A project has the following cash flows. What is the payback period?YearCFs0-$4491$2762$583$2514$172Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box2.46?A project has the following cash flows. What is the payback period?YearCFs0-$1761$382$653$434$337Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.3.70?What is the net present value of a project with the following cash flows if the discount rate is 8 percent?YearCFs0-3691200227134234280Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.What is the profitability index of a project with the following cash flows if the discount rate is 16 percent?YearCFs0-910171825693437Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.What is the net present value of a project with the following cash flows if the discount rate is 11 percent?YearCFs0-6751306229031604120Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer boxWhat is the profitability index of a project with the following cash flows if the discount rate is 8 percent?YearCFs0-1,0371161253336204153Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer boxWhat is the profitability index of a project with the following cash flows if the discount rate is 7 percent?YearCFs0-

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Based On The Scenario And The Knowledge Gained From This Section,

"Institutions" Please respond to the following:Based on the scenario and the knowledge gained from this section, address the following:Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution. Next, use two examples of institutionssuch as a financial system, a judicial system, or the armed forcesto illustrate what developing countries overall have done to weaken or strengthen such institutions.

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Why Is It Important To First Plan Your Search

Why is it important to first plan your search on a particular topic? Give an example when planning has not turned out well for you!You have been asked to research whether a new accounting principle is applicable to your company. What steps would you take to plan this research?Your company would like to sell a new product in the marketplace. What questions would you ask in order to determine the recognition of revenue for this product?

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Xb 143 Which Sets Are Considered Recombinant

Which sets are considered recombinant? For instance, between loci A and B, would I consider the A/B and a/b recombinant or the A/b and a/B recombinant?Question 1(15 points)You are tracking three loci in the fruit fly, locisA, B,andC, andwant to know whether the loci are linked and if so what their physical distances are from one another as well as the physical order they are in. To find out this information you perform a three-point testcross with a fly that is heterozygous for all three alleles. The progeny of this cross are: GenotypeNumber of individualsa/aB/bC/c389A/ab/bc/c410a/ab/bC/c39A/aB/bc/c44a/ab/bc/c77A/aB/bC/c83a/aB/bc/c6A/ab/bC/c5TOTAL1053(a) What is the recombination frequency between loci A and B?(b) What is the recombination frequency between loci B and C?(c) What is the recombination frequency between loci A and C?(d) Are these loci linked?(e) Demonstrate the physical arrangement of the genes on the chromosome, i. e. the order of the genes on a chromsosome as well as their map distances. (f)Write out the genotypes of the parents for this cross, indicating which alleles are linked with one another for each parent?

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The America Society For Quality (Asq) Conducted

The America Society for Quality (ASQ) conducted a salary survey of all its members. ASQ members work in all areas of manufacturing and service-related institutions, with a common theme of an interest in quality. Two job titles are black belt and green belt. The table below gives a summary of results. Are Black belts average salaries significantly different from those of Green belts? (? = 0. 05)Sample size (n)Sample meanSample standard deviationBlack belt141$88945$21791Green belt140$83794$25911Ho: Ha: Degrees of freedom: Critical Value(s): Test Statistic: P-value: Decision and conclusion:

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What Type Of Organizational Strategy Is Used By Management To Both Minimize Risk

.364px,="" collapse,="" 12px="">7.What type of organizational strategy is used by management to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability? (Points : 1) Innovation Cost-cutting Imitation Organic.364px,="" collapse,="" 12px="">Question 8.8.Which of the following cultural values would explain the choice of an organic organizational structure? (Points : 1) High uncertainty avoidance Low uncertainty avoidance High power-distance High masculinity.364px,="" collapse,="" 12px="">Question 9.9.A chain of discount stores employs thousands of people and pays most of them at the minimum wage rate. Following a federally mandated increase of the minimum wage rate, this chain store’s operating costs increased considerably. Yet, the chain's profits increased markedly. Which of the following would explain this situation? (Points : 1) The company’s plans to expand its market by opening stores in adjoining states. Recently, two new competitors entered the market. The company’s operating costs, other than wages, increased substantially after the increase in the minimum wage rate went into effect. The company’s customer base is made up primarily of people who earn a minimum wage or who depend on the earnings of others who earn a minimum wage..364px,="" collapse,="" 12px="">Question 10.10.Who helped develop virtue ethics? (Points : 1) Aristotle and Confucius Pythagoras and Athena Shaw and Burns Emmanuel Kant and Isaac Newton.364px,="" collapse,="" 12px="">Question 11.11.How are large organizational cultures that reflect department members’ common problems referred to? (Points : 1) Micro-cultures Subcultures Divisional cultures Microcosms.364px,="" collapse,="" 12px="">Question 12.12.Which organizational structure is best suited to an innovation strategy and a culture based on team orientation? (Points : 1) Boundaryless Bureaucratic Organic Virtual.364px,="" collapse,="" 12px="">Question 13.13.The boss wants to enact non-consequentialist ethical approaches for the workplace code of ethics. What is wrong with this approach? (Points : 1) These approaches require an ethical code from which all can see the consequences of their actions. These approaches ask proponents to predict the future versus basing their behavior on virtues. These approaches may be inflexible and difficult to enact across cultures. These approaches do not allow for interpretation..364px,="" collapse,="" 12px="">Question 14.14.If a company is located in South America, what cultural factor would explain the company’s choice of a mechanistic structure? (Points : 1) High individualism Low masculinity Short term orientation High power distance .364px,="" collapse,="" 12px="">Question 15.15.A manager is considering administering written integrity tests to management candidates that pass the initial screening. These tests will most likely help her to predict which aspect of a candidate? (Points : 1) Propensity to react calmly under stressful conditions Degree of positive self-concept Spatial and mechanical abilities Likelihood of posing discipline problems

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Which of the following steps in the Risk Assessment process is NOT done by the risk assessment design team?

Which of the following steps in the Risk Assessment process is NOT done by the risk assessment design team?

Develop the PHL

Select risk reduction tactics

Make residual risk decisions

Reassess risk after risk reduction

1. In a 4x4 risk matrix, what level of risk is represented by a probability of "possible" and a severity of "slight"?

Negligible

Low

Moderate

High

1. Which of the following is a good reason to have supervisors prepare JHAs?

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The Masons’ New Car - Earlier This Year, Paul Mason And His Wife Chardonnay Mason

Assignment 1: The Masons’ New CarNote: The company mentioned herein is merely a hypothetical organization with characteristics developed to enable students to respond to the assignment. You may create and / or make all necessary assumptions needed for the completion of this assignment if those assumptions are consistent with the facts presented. Do not make assumptions which obviate the need to conduct a legal analysis of the issues. ScenarioEarlier this year, Paul Mason and his wife Chardonnay Mason went to Rivertown and Gregory Ford, Dodge and Chryslers LLC. to purchase a new car. Last time the Masons bought a car was in 1990 when they bought their current car, a 1991 Plymouth Voyager van. The Mason’s daughter, Rosé recently gave birth to the Masons’ first grandchild and the proud grandparents were excited to be taking a road trip from Macon, Georgia to Freehold, New Jersey, to see the new addition to the Mason family. They knew that the old Plymouth had seen better days and that it might not make the 2,000 plus mile round-trip. The Masons were leaving for New Jersey in the morning, so they needed a new car and fast. When the Masons met with the salesperson at R&G, they explicitly stated that they were on a fixed income and could afford no more than $400 per month in the form of a car note. They were, however, willing to trade in their old van toward the purchase of the new car. Hector Dosales, one of R&G’s most aggressive salespersons, convinced the Masons to buy a new Chrysler 200. By the time the Masons were ready to buy, it was after 9: 00 p. m. and the dealership was soon closing. To speed things along, Hector had the Masons sign blank form contracts that he would fill out the next day. Among the blank contracts that the Mason’s signed were a “Retail Installment Sales Contract”, a “Retail Buyer's Order”, and an “Odometer Disclosure Form”. When Paul Mason asked about the terms of the deal, Hector said not to worry about it. He would structure things so that the payments would be under their $400 limit. When Paul asked how much he was getting for his trade-in, Hector said, “Don’t worry about it. I’ll make sure you get a fair price. ” While the various forms were being signed, Chardonnay, who has a weak bladder, excused herself and in the confusion neglected to sign the Retail Buyer’s Order. The next day when Hector was filling out the sales documents, he was having difficulty getting the car payments under the $400 per month limit he had promised. While reviewing the forms, he noticed that the Odometer Disclosure Form indicated that the Masons’ van had only 58,528 miles on it. Due to the exceptionally low mileage on the vehicle, Hector was able to substantially raise the trade-in value, thereby reducing the car payments to just under $400 per month. The Odometer Disclosure Form had, in fact, been completed by Mary Jane, one of the clerks working at the dealership. After Hector had completed the sales documents and while the Masons were on their road trip, Hector attempted to place the sales documents with a third-party finance company. Because of the Masons’ low monthly income and poor credit history, no one was willing to purchase the contract. In the meantime, the Masons’ van was sent to auction. A Carfax report quickly indicated that the correct mileage on the vehicle was 154,000 miles not 54,528 miles. In fact, service records from R&G’s service department, where the Masons regularly brought the car for maintenance, clearly indicated that the car had over 100,000 miles on it. Because of the high mileage, the Van sold for $800 at auction, despite the $2,800 Hector had indicated as a trade value. When the Masons returned home, they were contacted by the service department of R&G and asked to bring in their new car for a complimentary service and detailing. When the Masons arrived, they surrendered the keys to the new Chrysler and were subsequently asked into a meeting with Hector and Felicia Fees, head of the finance department at R&G. Felicia informed the Masons that they did not qualify for financing the new car and that unless they had the cash to buy it, they would have to return the car. Of course, the Masons did not have the money to buy the car and told Felicia that they could just keep the car and they would take their old car back. Felicia informed the Mason’s that their van had already been sold at auction. Moreover, the Masons would be responsible for the usage of the new car at the standard lease mileage rates of . 45c per mile. Since they drove the car 2,500 miles, they owed the dealership $1,125. Subtracting the $800 R&G received for the Masons’ van at auction, Felicia demanded payment from the Masons of $325. Needless to say, the Masons refused. The Masons have filed suit against R&G in Magistrate Court in Macon, Georgia, to recover the value of their van which they claimed to be the $2,800 Hector listed in the sales documents. (Magistrate Courts are low level courts that handle, among other things, small claims matters. ) R&G has moved to dismiss the case and compel the Masons to arbitrate any claims they might have in accordance with the Arbitration clause contained in the Retail Buyer’s Order, which reads as follows: “Buyer and Dealer agree that all claims, demands, disputes and controversies of every kind or nature that may arise between them concerning any of the negotiations leading to the sale of the vehicle, the terms and provisions of the sale, the performance or condition of the vehicle, or any other aspects of the vehicle and its sale shall be settled by binding arbitration. . . . Without limiting the generality of the foregoing, it is the intention of the Buyer and the Dealer to resolve by binding arbitration all disputes between them concerning the vehicle, its sale and its condition, including disputes concerning the terms and conditions of the sale, the condition of the vehicle, any damage to the vehicle, the terms and meaning of any of the documents signed or given in connection with the sale, any representations, promises or omissions made in connection with negotiations for or sale of the vehicle, or any terms, conditions or representations made in connection with the financing, credit life insurance, disability insurance, and vehicle service contract purchased or obtained in connection with the vehicle. ”The Retail Buyer's Order also contained the following provisions: “If the purchase of the vehicle is being financed, Buyer understands that the sale is contingent upon obtaining approval of the financing by the financing agency. In the event that the vehicle has been delivered to Buyer but financing approval is not obtained, Buyer agrees to immediately return the vehicle to the Dealer. ”ClaimsYou are the Magistrate Judge in Macon County Georgia and have to decide this case. The Masons make the following claims in the complaint: There never was a contract in this case since the contract documents were not completed at the time they were signed. Since they did not contain the essential elements of a contract, no contract was formed. Since there was no contract, sale of the van was the tort of conversion and they are entitled to the value of the van which the defendant’s own statements value at $2,800. The defendant answered the complaint and moved to dismiss and to compel arbitration. The answer made the following statements: There was a contract because the actions of the parties indicated intent to make a contract. The Masons signed an arbitration agreement, and under the law are required to bring their claims before an arbitrator and not the courts. The Masons have been unjustly enriched by the use of the new Chrysler and must pay the reasonable value of that use. The Masons committed fraud by signing a false Odometer Disclosure Form. Because of their fraud, the Masons are estopped from recovering anything on the value of the van. Assignment RequirementsWrite a three to four (3-4) page court opinion in which you rule on this case. In preparing this opinion, you must: Decide whether this court should hear this case or dismiss the case and direct the parties to binding arbitration in accordance with the Retail Buyer’s Order. Support your response. Note: Please read the facts of the case very carefully as you attempt to resolve this issue. Decide whether or not a contract exists between the Masons and R&G. Support your response. Note: Be sure that you analyze the facts to reach your conclusion. Merely stating your conclusion without a supporting legal analysis is not sufficient. Decide one (1) of the other remaining issues presented above. That is, decide whether R&G committed the tort of conversion with the 1990 van, or whether the Masons were unjustly enriched by the use of the new car, or whether the Masons committed fraud and should be estopped from recovering the value of the van. Use at least two (2) quality academic or legal resources in this assignment, such as a government Website, Law school Websites, Restatements of laws, and other treatises of Law. Your paper must include internal citations indicating the sources of your legal statements. Note: Wikipedia and other Websites do not qualify as academic or legal resources. Format your assignment according to the following formatting requirements: Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length. Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length. The specific course learning outcomes associated with this assignment are: Describe the legal environment of business, the sources of American law, and the basis of authority for government to regulate business. Explain basic court procedures, types of courts, and alternative dispute resolution methods. Explain the basis of tort law and describe the classification of torts. Use technology and information resources to research issues in business law. Write clearly and concisely about business law using proper writing mechanics.

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The Following Draft Financial Statement Relate

The following draft financial statement relate to Baraka Group Ltd. : Group balance sheet as at 31 May 20012001Sh. million’2000Sh. million’Assets: Intangible assets (goodwill)Tangible assetsInvestmentsCurrent assets: InventoriesTrade receivablesCash and cash equivalentsTotal assetsEquity and Liabilities: Capital and reservesCalled-up capital-ordinary shares of Sh. 10Share premium accountRevaluation reservesAccumulated profitsMinority interestNon-current liabilities7% redeemable preference sharesinterest bearing borrowingsCurrent liabilities: Total equity and liabilities901,239 7802,109750660 451,4553,5641008530 200415250 1361,2621,3981,5013,564831,010 270 1,363588530 1401,2582,6217015101031981501309301,0601,2132,621Group income statement for the year ended 31 May 2001Sh. millionSh. milliomRevenueCost of salesGross profitDistribution and administrative expensesProfit from operationsIncome from associatesProfit on sale of tangible non-current assetsInterest receivableInterest payableProfit before taxationIncome tax expense(including tax on income from associates of Sh. 15 million)Profit after taxationMinority interestsNet profit from ordinary activities34(37)7,310(5,920)1,390(772)6189815 (3)728(213)515(97)418 Additional information: 1. Baraka Group Ltd. acquired an 80% holding in Neema Ltd. on 1 June 2000. The fair value of the assets of Neema Ltd. on 1 June 2000 were as follows: Sh. ‘million’Non-current assets (tangible)InventoriesTrade receivablesCash and cash equivalentsTrade payablesTaxation60302535(20)(30)100The purchase consideration was Sh. 97 million and comprised 2 million ordinary shares of Sh. 10 each in Baraka Group Ltd valued at Sh. 40 per share and Sh. 17 million in cash. The group amortises goodwill over 10 years. 2. The movement in tangible non-current assets for the year ended 31 May 2001, comprised the following amounts at net-book value: Sh. ‘million’Balance as at 1 June 2000Additions (including Neema Ltd. )Revaluation of propertiesDisposalsDepreciationBalance as at 31 May 20011,01027820(30)(39)1,2393. Interest receivable included in trade receivables was Sh. 15 million as at 31 May 2000 and Sh. 17 million as at 31 May 2001. 4. Included in non-current liabilities is a bill of exchange for Sh. 100 million (raised on 30 June 2000) which was given to a supplier on the purchase of non-current tangible assets and which is payable on 1 July 2002. 5. There have been no sales of non-current investment in the year. The investments included under non-current assets comprised the following items: 2001Sh. Million2000Sh. MillionInvestment in associated companyTrade investment (including foreign equity investment of Sh. 400 million as at 31 May 2001)300480780220502706. The preference share dividends are always paid in full on 1 July each year, and are included in interest payable in the income statement. Additionally, a charge of Sh. 6 million has been made in the interest payable figures to provide for a premium payable on the preference shares on redemption. 7. Current liabilities comprised the following items: 2001Sh. ‘million’2000Sh. ‘million’Trade payables (including interest payable, Sh. 9 million in 2001, nil in year 2000)TaxationDividends (dividends charges in the income statement for the year 2001 amounted to Sh. 126 million)1,193203 1051,501913200 1001,2138. Baraka Group Ltd allotted 1 million ordinary shares of Sh. 10 at a price of Sh. 20 upon the exercise of directors’ option during the year. 9. There was an exchange loss on re-translation of foreign equity investment of Sh. 205 million and again on the loan to finance the foreign equity investment of Sh. 10 million. A loan of Sh. 300 million was taken out in 2000/2001 to finance a foreign equity investment of Sh. 400 million in Paka Ltd. Required: Group cash flow statement in accordance with IAS 7 as at 31 May 2001 (Total: 20 marks)

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Accounting -Caleb Company’s fiscal year runs from January through December

INTREMIDIATE ACCOUNTINGQuestion Detail: Assignment 2Caleb Company’s fiscal year runs from January through December. Its January 1, 2013’s trial balances are below: Account TitleDebitsCreditsCash$30,000Accounts Receivable15,000Equipment20,000Accumulated Depreciation$ 6,000Salaries Payable9,000Common Stock40,500Retained Earnings9,500Total$ 65,000$ 65,000Summary of transactions that occurred during the year are below: a. Sales of services$100,000Out of the sales, credit sales was30,000b. Accounts Receivable collected27,300c. Shares issued for cash10,000d. Salaries paid50,000Out of the salaries paid, Salaries Payable amount was9,000e. Miscellaneous Expense paid24,000f. Equipment Purchased15,000g. Cash Dividends paid2,500Other pertinent information: Year-end accrued salaries$ 1,000Equipment Depreciation2,000Required: Using the template provided by the instructor,Set up the necessary T- accounts and enter the beginning balances from the trial balance provided. Prepare a journal entry for each of the summary of transactions listed above. Post the journal entries to the T-accounts. Prepare an unadjusted trial balance. Prepare and post adjusting journal entries. Enter the adjusting entries in the T-accounts as applicable. The two adjusting entries are the year-end accrued salaries and equipment depreciation provided in the question. Prepare an adjusted trial balance. Prepare an income statement for year ended 2013 and a balance sheet as of December 31, 2013. Prepare and post closing entries. Prepare a post- closing trial balance. Assignment 3The following are the common classifications used in a balance sheet: Current assets F. Current liabilitiesInvestments G. Long-term liabilitiesProperty, plant and equipment H. Paid-in-capitalIntangible assets I. Retained earningsOther assetsRequired: For each of the following balance sheet items, use the letters above to indicate the appropriate classification category. If the item is a contra account or valuation account, place a minus sign before the chosen letter. ­­­___ Note receivable (due in 2 years)___ Accounts receivable­­___­ Accumulated depreciation­­___Land, in use___Note payable (due in 10 months)___Interest payable­­­___ Note receivable (due in 6 months)___Cash equivalents­­­___ Investment in XYZ Corp ( long-term)___ Inventories___Goodwill­­­___Accrued salaries payable___Accrued interest payable___Prepaid insurance___Common stock___Equipment___Unearned revenue___Warranties payableThe following are common disclosures that would appear in the notes accompanying financial statements. For each of the items listed, indicate where the disclosure would likely appear. Use A if the item would appear in summary of significant accounting policies notesUse B if the item would appear in subsequent events notesUse C if the item would appear in noteworthy events and transactions1. Depreciation method _2. Information on related party transactions _____3. Method of accounting for acquisitions _____4. Composition and details of long-term debt _____5. Inventory method _____6. Basis of revenue recognition _____7. Major damage to a plant facility occurring after year-end _____8. Composition of accrued liabilities _____The December 31, 2013 post-closing trial balance for Tricam Engineering, an exploration company, is presented below. Account TitleDebitsCreditsCash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,000Accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 223,000Allowance for uncollectible accounts . . . . . . . . . . . . . 15,000Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,000Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 140,000Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000Accumulated depreciation - buildings . . . . . . . . . . . . 150,000Machinery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250,000Accumulated depreciation - machinery . . . . . . . . . . . 80,000Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36,000Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125,000Bonds payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000Interest payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000Common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ______94,000Totals1,504,0001,504,000Additional information provided is below: Accounts receivable includes a $50,000 note receivable received from a customer that is due in 2015. Also included is interest on the note of $3,000 that is due in six months. The land account includes land that cost $20,000 that the company has not used and is currently listed for sale. 3. The investment account includes a $10,000, 3-month certificate of deposit due in 40 days. The remaining investments will be sold within the next year. 4. The bonds payable account consists of the following: a. a $200,000 issue due in six months. b. a $300,000 issue due in six years. 5. The common stock account represents 500,000 shares of no par value common stock issued and outstanding. The corporation has 1,000,000 shares authorized. Required: Prepare a classified balance sheet for Tricam Engineering at December 31, 2013 using the post-closing trial balance and the additional information provided.

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Points A(−1.5) and B(6) are marked on a number line. Find the coordinate of point M if it is known that AM:MB=1:2.

Points A(−1.5) and B(6) are marked on a number line. Find the coordinate of point M if it is known that AM:MB=1:2.

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This Course Project Requires Organizing, Mapping, And Analyzing A Business Process For An Organization.

This course project requires organizing, mapping, and analyzing a business process for an organization.1. Compare and contrast two project management programs.2. Given a specific change management program for a specific company/industry, map and describe the business analysis process that should be followed for successful outcomes. Papers must be 12-15 pages in length. Follow APA format for title page, reference page, appendix, citations, etc. At least six authoritative, outside references are required (anonymous authors or Web pages are not acceptable). The paper will be graded on quality of research, quality of paper information, use of citations, grammar, and sentence structure.Paper Outline Executive Summary Business Problem Review Analytical Plan Elicitation Techniques Requirements Communication Enterprise Analysis Requirements Analysis Solution Assessment and Validation Techniques Recommendations Conclusion Appendix