Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: XM, Ltd. was a small engineering firm that built high-tech robotic devices for electronics manufacturers. One very complex device was partially completed at the end of 2016. Barb McLauren, head engineer, knew the experimental technology was a failure and XM would not be able to complete the $20,000,000 contract next year. However, the corporation was getting ready to be sold in January. She told the controller that the device was 80% complete at year-end and on track for successful completion the following spring; the controller accrued 80% of the contract revenue at December 31, 2016. McLauren sold the company in January 2017 and retired. By mid-year, it became apparent that XM would not be able to complete the project successfully and the new owner would never recoup his investment.
Requirements: 1. For complex, high-tech contracts, how does a company determine the percentage of completion and the amount of revenue to accrue?
2. What action do you think was taken by XM in 2017 with regard to the revenue that had been accrued the previous year?
?Aunt Bee is thinking about purchasing a new flam digger for $14,000. The expected net cash flows resulting from the digger are $10,000 in year
You borrow a $345,000 add-on interest loan from the credit union and will repaid in equal installment over 12 years. The nominal rate of interest is 4.75%. Assuming daily payment and simple rate of interest obtain the annual percentage rate.
In what sense does a bubble in the price of an asset result from a "set of self-confirming beliefs"?
Are dividends relevant in determining share values? Identify one factor that indicates they are, and one that indicates they are not. Give your opinion on this question and why you hold it.
You sold all stocks today for $102.52. During the year, the stock paid dividends of $3.67 per share. What is your holding period return?
Examine three (3) tools, methods, or techniques that your organization or a company with which you are familiar uses to manage and share communications.
You decide to borrow $200,000 to build a new home. The bank charges an interest rate of 6% compounded monthly. If you pay back the loan over 30 years, what will your monthly payments be (rounded to the nearest dollar)?
Calculate taxable income and prepare the journal entry for current tax payable (the tax rate is 30%) as at 30th June 2014 and using the direct method, prepare the Cash flows from Operating Activities.
You deposit $10,000 into a retirement account at the end of the next 10 years earning 9% interest, what is the future value of your retirement after 10 years?
Determine the optimal number of yards of material Sofaworld should order, the minimum total inventory cost, the optimal number of orders per year, and the optimal time between orders.
Assume that River Cruises, which currently is all-equity-financed, issues $250,000 of debt and uses the proceeds to repurchase 16,667 shares. Suppose that the company pays no taxes and that debt finance has no impact on its market value.
Explain how you plan to invest the money in order to diversify the risk and receive a good return. Support your decisions with concepts learned in this course.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd