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Question - Paula Boothe, president of the BridgeportCorporation, has mandated a minimum 10% return on investment for any project undertaken by the company. Given the company's decentralization, Paula leaves all investment decisions to the divisional managers as long as they anticipate a minimum rate of return of at least 12%. The Energy Drinks division, under the direction of manager Martin Koch, has achieved a 13% return on investment for the past three years. This year is not expected to be different from the past three. Koch has just received a proposal to invest $1,835,000 in a new line of energy drinks that is expected to generate $313,000 in operating income. Assume that Bridgeport Corporation's actual weighted-average cost of capital is 10% and its tax rate is 30%. Calculate the economic value added of the proposed new line of energy drinks.
the management of ballard microbrew is considering the purchase of an automated bottling machine for 120000. the
Advantages of a partnership include: Limited life. Mutual agency.
Question - Now compute the current ratio as of March 31, 2014 and as of March 31, 2013. (Round to two decimal places.)
Wages paid to an assembly line worker in a factory are a: (a) Prime Cost YES.....Conversion Cost NO (b) Prime Cost YES.....Conversion Cost YES (c) Prime Cost NO....Conversion Cost NO (d) Prime Cost NO.....Conversion Cost YES
Make 3 recommendations to address the internal control weakness(s). What are the internal control weaknesses for this business?
You are concerned you may need to account for this situation. Determine the appropriate accounting for all possible circumstances
Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an open accounts receivable. What entry will Paper Company make upon receiving the note?
Prepare entries to record the partial year's depreciation on July 1, 2023, and to record the sale under each separate situation
A contractor was paid $415,000 to construct a new warehouse. Determine the cost of the land to be reported on the balance sheet
On 12/31/09, the ABC Co. had Retained Earnings of $400,000. During 2010, dividends of $3,000 were paid. There was a net income of $4,000 for the year 2010. What should be the balance in Retained Earnings on the 12/31/10 Balance Sheet?
Which database model is used most frequently in the modern business world? Why do you believe it is frequently used?
What is your best estimate of the total cost to Juanita of earning an M.B.A. degree if it will take her 12 months to complete the program
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