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Problem 1: Assume that you are a financial manager and significant owner of a successful medium-sized business. You want to grow your business and use your financial assets effectively. What should you do? How will you do it?
Problem 2: In regard to investments, many of the investing options available to you as an individual are also available to the corporation. What short-term and long-term investments interest you? Why?
Sara's capital balance is $32,000. If Sara contributed an additional $2,000 to the firm during the period, what is the period's net income?
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When Selling Fixed assets how do you calculate the Book Value? Once you have book value if you sell the asset for more cash than book value what is it called? Less than book value what is it called? What is the method used to record the consumption o..
The coupon is paid semi-annually. If the YTM on these bonds is 5.2%, what is the current bond price? Is the bond selling at a discount, par or premium?
Super Tennis Co is in the business of designing and manufacturing running shoes for long distance runners. They are considering a $500 million upgrade to their production line for the iPhone/iPad/ iWatch connected shoe that has Bluetooth connectivity..
Man of War Company adopted a stock-option plan on April 30, 2013, that provided that 500,000 shares of $10 par value stock be designated as available for the granting of options to officers of the corporation at a price of $26 a share. The market pri..
Post the journal to the ledger, extending the account balance to the appropriate balance column after each posting. Prepare unadjusted trial balance as of July
Bank reconciliation and adjusting entries; cash and cash equivalents [Appendix 7A] The bank statement for the checking account of Management Systems Inc. (MSI) showed a December 31, 2016, balance of $14,732.37. What amount would MSI report as cash an..
What are the key differences between an intranet and an extranet? Why should accountants understand these differences and how do these key differences impact how an organization will provide access to data? Include in your response an example of an i..
Calculate the volume of activity that the company will have to achieve in order to meet the targeted level of profit for each one of the four products.
When bonds are issued at a Premium, the bond interest expense recorded for the period is the amount of the cash interest payment for the period
Prepare the journal entries to record interest expense for 2014 under both of the bond issuances assuming they sold
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