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!
Berkshire Hathaway, Inc., is a public company holding the investments of Warren Buffet, one of the wealthiest people in the world. Recent financial statements revealed the following:
Accumulated other comprehensive income:
Unrealized appreciation of investments
$ 2,599
Applicable income taxes
(905)
Reclassification adjustment for appreciation
included in net earnings
(1,569)
549
Foreign currency translation adjustments
140
134
Minimum pension liability adjustment
(38)
3
Other
(34)
Other comprehensive income
$ 879
Net earnings
$ 7,308
Retained Earnings and Accumulated Other Comprehensive Income balances at the end of the year were $39,189 and $20,435, respectively.
a. Determine the total comprehensive income.
b. Determine the total other comprehensive income as a percent of comprehensive income for Berkshire Hathaway. Round to one decimal place. Discuss the meaning of this percent.
c. Why is unrealized appreciation (gain) included as part of other comprehensive income?
d. Why are the taxes for unrealized gains subtracted in determining other comprehensive income?
What is the role provided by a break-even point and how would you calculate this point? and also explain the limitations of using a break-even point and how would you incorporate this point with management strategic planning?
question 1a firm is considering three projects. project a requires an initial investment of 80000 and is expected to
jupiter incorporated is interested in acquiring mercury limited a privately held firm whose owner desires to retire.
Management anticipates an increased working capital need of $3,000 for the year. What will be the effect of the price increase on the firm's FCF for the year?
Spencer Corporation sells 10% bonds having a maturity value of $3,000,000 for $2,783,724. The bonds are dated January 1, 2012, and mature January 1, 2017. Interest is payable yearly on January 1.
Determine what will an insurer do if it seems that an applicant misstated his or her age on life insurance application?
Assume you borrow 15,000 dollar and then repay the loan by making twelve monthly payments of $1,297.92. Determine the rate will you be quoted on the loan and also calculate the effective annual rate.
As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
Please explain and define in your own terms the difference between arithmetic and geometric averages.
What is the operation income for both firms and what are the earnings after interest - determine the earnings after taxes and compute the percentage increase in these earnings from the answers you derived in part b.
What is the USD cost of interest payment for ABC Inc and what is the net profit the company gets from the option hedge?
What is the rational for wealth maximization as a goal for a firm and what are the key financial statements and why they are important?
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