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!
Questions -
Q1. Vatukoula Gold Mines PLC (Fiji) is a geological exploration business in Western Fiji. Vatukoula has just made a rights issue at the rate of 1:5 and there were 10 million shares outstanding before the rights issue. The subscription price for the rights shares was $2.50 and the theoretical ex-rights price was $3.25. What was the market price before the rights issue?
A. $3.68
B. $3.40
C. $4.25
D. $4.75
Q2. Bake Rite Bakery specializes in making bagels to an original Jewish recipe, but adds distinctive Australian flavors such as wattle seed and lemon myrtle. Wattle seed is harvested seasonally from a number of species that produce edible seed. Bake Rite uses about 52 kg of seed a year and does not like to run out of supplies. Seed is packed in 100 g packets; there are no bulk packs. Additionally, seed must be kept refrigerated to retain the best flavor. Bake Rite estimates that order costs average $30 because often it takes an hour of an employee's time and several phone calls to different sellers to find supplies. Holding costs are also relatively high at $5 per 100 g due to the need for refrigeration. Given the circumstances, what is the Economic Order Quantity?
A. 75 packets
B. 79 packets
C. 87 packets
D. 82 packets
Q3. A company has 10 million issued ordinary shares and pays a dividend of 12 cents per share. If the company after tax profit was $2 million, what is the company's retention ratio (in %)?
A. 40%
B. 35%
C. 26%
D. 45%
cash flows information what information does the cash flow statement provide that you cannot see in the other financial
leslie mittelberg is considering the wholesaling of a leather handbag from kenya. she must travel to kenya to check on
Accounting provides information about an organization's business transactions and events that both affect the accounting equation and can be reliably measured.
malox co. purchased short-term investments in available-for-sale securities at a cost of 100000 on november 25 2009. at
What are some examples of nontaxable fringe benefits? Please be mindful of substantiveness of the content
Calculate the effect of the change in the assumed discount rate on the PBO at the beginning of 2012 with respect to Davenport.
The Schraeger Company has estimated that sales for next quarter would be 30,000 units. How many units must the company produce in order
Bill contributes property (adjusted basis of $60,000; fair market value of $80,000) in exchange for his partnership interest. Which of the following statements is true concerning the income tax results of this partnership formation?
Assume that the tax rate is 35%. None of the bonds was converted or redeemed. Compute diluted earnings per share for 2017
Using 2012 data as the cost bases, show the amount of the 2013 advertising cost (1,900,000) that would be allocated to each of the divisions
the treasure of unisyms company has accumulated the following budget information for the first two months of the coming
The general manager was confused because the company had a $9,000 profit, yet seemed, as noted above, $10,000 worse off in its cash position. Explain briefly how, in general, this difference between profit and cash change can happen.
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