ACCT551_Course Project_Instructions_v2022

Determine the WACC, and determine whether the company generated value or not, and what the amount was for both years   ANSWER     2020 2021 WACC     EVA     ROIC

Account

Question 1                                                                                                     You are a newly employed finance manager for Finance Adventure Ltd. The following data is available for the company as of 31 June 2020: Current assets of $293,950 Current liabilities $68,700 Total assets $765,600 Equity $305,890   Required:   a) The company’s Management Board required you to evaluate two alternative options of debt funding and equity funding for a new project. What is the job are you doing to complete the task? (referring to one out of 3 important questions of corporate finance for your answer)  b) Calculate non-current assets, non-current liabilities and build a balance sheet for the company?  c) Calculate the return on assets (ROA) of the company given that return on equity (ROE) is 35%?  d) What is the price earnings ratio (PE) of the company, given total number of outstanding ordinary shares is 57,000 and market price of each share is $22?

https://www.republictt.com/pdfs/annual-reports/RFHL-Annual-Report-2022.pdf Working Capital Management: Use Republic Bank Limited Annual Report 2022 to answer the Questions.  Assess the company’s working capital position by analyzing its current assets and liabilities using common methods and measures. Evaluate the efficiency of the company’s working capital management strategies, including inventory management, accounts receivable, and accounts payable. Based on your assessment and evaluation above, provide brief recommendations in point form for improving the company’s working capital management practices.

Assuming that you are analysing the following company’s assets and obligations:   year  2020 2019 current assets 6,857 6,877 current liabiities  4,732 4,374 Calculate its working capital and current ratio. Which would be a better year?

The City of Minden entered into the following transactions during the year 2026. 1. 2. 3. 4. 5. 6. 7. 8. 9. A bond issue was authorized by vote to provide funds for the construction of a new municipal building, which it was estimated would cost $1,080,000. The bonds are to be paid in 10 equal installments from a Debt Service Fund, and payments are due March 1 of each year. Any premium on the bond issue, as well as any balance of the Capital Projects Fund, is to be transferred directly to the Debt Service Fund. An advance of $74,000 was received from the General Fund to underwrite a deposit on the land contract of $111,000. The deposit was made. Bonds of $992,000 were sold for cash at 102. It was decided not to sell all the bonds because the cost of the land was less than expected. Contracts amounting to $884,000 were let to Sunny and Company, the low bidder, for construction of the municipal building. The temporary advance from the General Fund was repaid and the balance on the land…

Discuss how the results of Quick ratio and debt ratio will affect the organization's performance.

Refine Assumptions for PPE ForecastFollowing are the income statement and balance sheet for Medtronic PLC. Consolidated Statement of Income ($ millions) For Fiscal Year Ended April 26, 2019 Net sales $30,557 Costs and expenses   Cost of products sold 9,155 Research and development expenses 2,330 Selling, general, and administrative expense 10,418 Amortization of intangible assets 1,764 Restructuring charges, net 198 Certain litigation charges, net 166 Other operating expense, net 258 Operating profit (loss) 6,268 Other nonoperating income, net (373) Interest expense 1,444 Income (loss) before income taxes 5,197 Income tax provision 547 Net income (loss) 4,650 Net (income) loss attributable to noncontrolling interests (19) Net income (loss) attributable to Medtronic $ 4,631 Consolidated Balance Sheet ($ millions) April 26, 2019 Current assets   Cash and cash equivalents $ 4,393 Investments 5,455 Accounts receivable, less…

Refine Assumptions for PPE ForecastFollowing are the income statement and balance sheet for Medtronic PLC. Consolidated Statement of Income ($ millions) For Fiscal Year Ended April 26, 2019 Net sales $30,557 Costs and expenses   Cost of products sold 9,155 Research and development expenses 2,330 Selling, general, and administrative expense 10,418 Amortization of intangible assets 1,764 Restructuring charges, net 198 Certain litigation charges, net 166 Other operating expense, net 258 Operating profit (loss) 6,268 Other nonoperating income, net (373) Interest expense 1,444 Income (loss) before income taxes 5,197 Income tax provision 547 Net income (loss) 4,650 Net (income) loss attributable to noncontrolling interests (19) Net income (loss) attributable to Medtronic $ 4,631 Consolidated Balance Sheet ($ millions) April 26, 2019 Current assets   Cash and cash equivalents $ 4,393 Investments 5,455 Accounts receivable, less…

I just need the answer for #3 Justify/Support your level of planning materiality the measurement base and the percentage

Compute the current ratio for 2019 and 2020

24. Partially correct answer icon Your answer is partially correct. Condensed financial data of Sheffield Company for 2020 and 2019 are presented below. SHEFFIELD COMPANYCOMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     2020   2019 Cash   $1,800     $1,130   Receivables   1,770     1,320   Inventory   1,560     1,890   Plant assets   1,900     1,700   Accumulated depreciation   (1,220 )   (1,180 ) Long-term investments (held-to-maturity)   1,300     1,430       $7,110     $6,290                 Accounts payable   $1,220     $890   Accrued liabilities   190     250   Bonds payable   1,410     1,520   Common stock   1,870     1,730   Retained earnings   2,420     1,900       $7,110     $6,290   SHEFFIELD COMPANYINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue   $6,860 Cost of goods sold   4,710 Gross margin…

STEEL INDUSTRIES Statement of Financial Position December 31, 2020 Assets Current assets: Cash Marketable equity securities Accounts receivable, net 50,000 19,000 60,000 Inventory Treasury stock Total current assets 30,000 20,000 * 179,000 Required: Indicate your criticisms of the balance sheet and briefly explain the proper treatment of any item criticized. Plant assets: Land and buildings, net 160,000 Investments: Short-term investments 20,000 Other assets: Supplies Total assets 4,000 363,000 Liabilities and Shareholders' Equity Liabilities: P 123,000 Bonds payable P Accounts payable Wages payable Total liabilities 40,000 10,000 173,000 Shareholders' equity: Ordinary shares (P20 par, 20,000 shares authorized, 6,000 shares outstanding) Retained earnings 120,000 50,000 Redeemable preference shares Total Shareholders' Equity Total Liabilities and Shareholders' Equity 20,000 190,000 363,000

24. Condensed financial data of Sheffield Company for 2020 and 2019 are presented below. SHEFFIELD COMPANYCOMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     2020   2019 Cash   $1,800     $1,130   Receivables   1,770     1,320   Inventory   1,560     1,890   Plant assets   1,900     1,700   Accumulated depreciation   (1,220 )   (1,180 ) Long-term investments (held-to-maturity)   1,300     1,430       $7,110     $6,290                 Accounts payable   $1,220     $890   Accrued liabilities   190     250   Bonds payable   1,410     1,520   Common stock   1,870     1,730   Retained earnings   2,420     1,900       $7,110     $6,290     SHEFFIELD COMPANYINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue   $6,860 Cost of goods sold   4,710 Gross margin   2,150 Selling and administrative expenses   920 Income…

interpret the results of quick ratio, debt ratio, equity multiplier and explain what that mean for the perfomance of an organization.

19 )

Prepare a vertical analysis scheduleHere is the operating data for Yalis Cleaning, Inc.:2021 2020Service revenue $523,000 $476,000Operating expenses 385,500 319,800Income tax expense 34,375 39,050Net income $103,125 $117,150PurposeThe purpose of this problem is to demonstrate an understanding of preparing a vertical analysis schedule.InstructionsAfter analyzing the transactions, prepare a vertical analysis schedule for the company for 2021 and 2020 using service revenueas the base amount. Round percentages to two decimal places.GuidanceFor formatting guidance, see the vertical analysis examples that are provided in Chapter 13 of the textbook.

What does the below financial statement tell you about Nealon, Inc?  This analysis uses accounting reports for an understanding of a company’s current economic condition and project into the future.   A financial analysis allows management and owners to plan, correct and proceed properly for the best success. Review and analyze the following Financial Statement using horizontal analysis and ratios.  Please be as descriptive as possible.

Е. The income statement , statement of retained earnings and balance sheet of Somerville Company are as follows: Somerville Company Income Statement For the Year Ended December 31, 2019 Amount Percent Net sales 8,281,989 100.0% Less: Cost of goods sold Gross margin Less: Operating expenses Operating income (5,383,293) 2,898,696 (1,323,368) 1,575,328 (50,000) 1,525,328 65.0 35.0 16.0 19.0 Less: Interest expense Income before taxes 0.6 18.4 Less: Income taxes (40%) (610,131) 915.197 7.4 Net income 11.0 Somerville Company Statement of Retained Earnings For the Year Ended December 31, 2019 Balance, beginning of period 1,979,155 Net income 915,197 Total 2,894,352 (80,000) (201,887) 2.612.465 Less: Preferred dividends Dividends to common stockholders Balance, end of period