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1. Alan worked for 10 years for Pleasant Ltd. It was taken over 18 months ago by Aggressive Ltd and Alan continued in his job. He has found the management of Aggressive Ltd to be very difficult and domineering. Amongst other things, the management has asked him to work in the stores issuing and accounting for equipment issued to Aggressive's employees. Alan feels that he has not been trained to do this and has given in his notice.
Advise him as to his rights.
The Neptune Company offers network communications systems to computer users. The company is planning a major investment expansion but is unsure of the correct measure of equity capital as it has no traded equity. Your job is to determine the basis of..
First, you need to pick a public company to analyze. You should have already informed me of the company you have picked. Discuss recent economic conditions in the industry, as well as prospects for the future
The current ratio of a firm would be increased by which of the following?
Tucker's National Distributing has a current market value of equity of $10,665. Currently, the firm has excess cash of $640, total assets of$22,400, net income of $3,210, and 500 shares of stock outstanding. Tucker's is going to use all of its excess..
George and Barbara will be retiring in four years and would like to buy a lake house. They estimate that they will need $150,000 at the end of four years to buy this house. They want to make four equal annual payments into an account at the end of ea..
App Store Co. issued 16-year bonds one year ago at a coupon rate of 7.7 percent. The bonds make semi-annual payments. If the YTM on these bonds is 5.4 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer..
Pappy’s Potato has come up with a new product, the Potato Pet (they are freeze-dried to last longer). Pappy’s paid $122,000 for a marketing survey to determine the viability of the product. It is felt that Potato Pet will generate sales of $577,000 p..
Maggie's Muffins, Inc., generated $2,000,000 in sales during 2015, and its year-end total assets were $1,500,000. Also, at year-end 2015, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and ..
McDowell Industries sells on terms of 3/10, net 30. Total sales for the year are $1,393,500; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 64 days after their purchases. What is the average amount o..
What is the effect of stock (not cash) dividends and stock splits on the market price of common stock? Why do corporations declare stock splits and stock dividends?
Your brother has asked you to help him with choosing an investment. He has 6,700 to invest today for a period of two years. You identify a bank CD that pays an interest rate of 0.0500 annually with the interest being paid quarterly. What will be the ..
Honey Bee is thinking about purchasing a new clam maker for $14,000. The expected net cash flows resulting from the digger are $9,000 in year 1, $7,000 in the 2nd year, $5,000 in the 3rd year, and $3,000 in the 4th year. Assuming that the cost of cap..
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