1694712231_i54aw

Government‐wide statements report on assets and liabilities that are denied recognition on funds statements. Entrepreneurs Consultants, a state agency, was established to provide consulting services to small businesses. It maintains only a single general fund and accounts for its activities on a modified accrual basis. During its first month of operations, the association engaged in, or was affected by, the following transactions and events: It received an unassigned grant of $100,000. It purchased five computers at $2,000 each. It paid wages and salaries of $6,000. It borrowed $24,000 from a bank to enable it to purchase an automobile. It gave the bank a long‐term note. It purchased the automobile for $24,000. It made its first payment on the note—interest of $200. It destroyed one of its computers in an accident. The computer was not insured. Prepare journal entries in the general fund to record each of the transactions or other events. Prepare a balance sheet and a statement of…

The net present value (NPV) and internal rate of return (IRR) methods of investment analysis are interrelated and are sometimes used together to make capital budgeting decisions. Consider the case of Green Caterpillar Garden Supplies Inc.: Last Tuesday, Green Caterpillar Garden Supplies Inc. lost a portion of its planning and financial data when both its main and its backup servers crashed. The company’s CFO remembers that the internal rate of return (IRR) of Project Zeta is 14.6%, but he can’t recall how much Green Caterpillar originally invested in the project nor the project’s net present value (NPV). However, he found a note that detailed the annual net cash flows expected to be generated by Project Zeta. They are: Year Cash Flow Year 1 $2,000,000 Year 2 $3,750,000 Year 3 $3,750,000 Year 4 $3,750,000   The CFO has asked you to compute Project Zeta’s initial investment using the information currently available to you. He has offered the following…

The net present value (NPV) and internal rate of return (IRR) methods of investment analysis are interrelated and are sometimes used together to make capital budgeting decisions. Consider the case of Green Caterpillar Garden Supplies Inc.: Last Tuesday, Green Caterpillar Garden Supplies Inc. lost a portion of its planning and financial data when both its main and its backup servers crashed. The company’s CFO remembers that the internal rate of return (IRR) of Project Gamma is 13.2%, but he can’t recall how much Green Caterpillar originally invested in the project nor the project’s net present value (NPV). However, he found a note that detailed the annual net cash flows expected to be generated by Project Gamma. They are: Year Cash Flow Year 1 $2,400,000 Year 2 $4,500,000 Year 3 $4,500,000 Year 4 $4,500,000   The CFO has asked you to compute Project Gamma’s initial investment using the information currently available to you. He has offered the following…

The net present value (NPV) and internal rate of return (IRR) methods of investment analysis are interrelated and are sometimes used together to make capital budgeting decisions. Consider the case of Green Caterpillar Garden Supplies Inc.: Last Tuesday, Green Caterpillar Garden Supplies Inc. lost a portion of its planning and financial data when both its main and its backup servers crashed. The company's CFO remembers that the internal rate of return (IRR) of Project Zeta is 13.2%, but he can't recall how much Green Caterpillar originally invested in the project nor the project's net present value (NPV). However, he found a note that detailed the annual net cash flows expected to be generated by Project Zeta. They are: Year Year 1 Cash Flow $2,400,000 Year 2 $4,500,000 Year 3 $4,500,000 Year 4 $4,500,000

The net present value (NPV) and internal rate of return (IRR) methods of investment analysis are interrelated and are sometimes used together to make capital budgeting decisions. Consider the case of Green Caterpillar Garden Supplies Inc.: Last Tuesday, Green Caterpillar Garden Supplies Inc. lost a portion of its planning and financial data when both its main and its backup servers crashed. The company's CFO remembers that the internal rate of return (IRR) of Project Zeta is 13.2%, but he can't recall how much Green Caterpillar originally invested in the project nor the project's net present value (NPV). However, he found a note that detailed the annual net cash flows expected to be generated by Project Zeta. They are: Year Year 1. Year 2 Year 3 Year 4 Cash Flow $2,400,000 $4,500,000 $4,500,000 $4,500,000 The CFO has asked you to compute Project Zeta's initial investment using the information currently available to you. He has offered the following suggestions and observations: • A…

The president of southern tagalog corporation made this statement in the company's annual report as this is primary goal is to increase the value of our common stockholders equity later report the following announcement the company contributed 1.5 million pesos to the symphony orchestra the spending 500 million pesos to open a new plant at expand operations no profits will be produced by the operation for four years so earnings will be depressed during this period versus what day would have been had the decision been made not to expand letter c the company holds about half of its assets in the form of government treasury bonds and it keeps a this funds available for use in emergencies in the future though stc plans to shift its emergency funds from treasury bonds to common stocks discuss how stc stakeholders might view each of these actions and how the actions might affect the stock price

The City of Bainland has been undergoing financial difficulties because of a decrease in its tax base caused by corporations leaving the area. On January 1, 2017, the city has a fund balance of only $400,000 in its governmental funds. In 2016, the city had revenues of $1.4 million and expenditures of $1.48 million. The city's treasurer has forecast that, unless something is done, revenues will decrease at 2 percent per year while expenditures will increase at 3 percent per year. Required Create a spreadsheet to predict in what year the government will have a zero fund balance. One proposal is that the city slash its expenditures by laying off government workers. That will lead to a 3 percent decrease in expenditures each year rather than a 3 percent increase. However, because of the unemployment, the city will receive less tax revenue. Thus, instead of a 2 percent decrease in revenues, the city expects a 5 percent decrease per year. Adapt the spreadsheet created in requirement (1) to…

Lilly County, faced with the prospect of declining revenues, decides it can save money by doingall printing in-house. The county creates the Lilly Printing Fund (an Internal Service Fund),directs departments to fulfill their bulk printing needs through that Fund, and directs departmentsto pay the Fund promptly to minimize its operating cash flow needs.The Fund had the following transactions and events during 2021:1. Received a $12,000 loan on January 2 from the county’s General Fund to be repaid in fourequal annual installments of $3,000, starting December 31, 2021, with interest at the rateof 1 percent per annum on the outstanding balance. The specified purpose of the loan is toallow the Lilly Printing Fund to purchase equipment for $9,600 and to use the balance of $2,400to meet operating cash flow needs.2. Purchased reproduction equipment for $9,600 on January 2, using cash provided.The equipment has an estimated useful life of 4 years.3. Purchased paper and supplies for $9,000 on…

PLEASE DO NOT GIVE SOLUTION IN IMAGE FORMAT

The president of Semiconductor Manufacturing International Corporation made this statement in the company’s annual report: “United’s primary goal is to increase the value of the common stockholders’ equity over time.” Later in the report, the following announcements were made: a. The company contributed $1.5 million to the symphony orchestra in San Francisco, where it is headquartered. b. The company is increasing its relative use of debt. Whereas assets were formerly financed with 35 percent debt and 65 per-cent equity, henceforth the financing mix will be 50–50. c. The company has been paying out half of its earnings as dividends and retaining the other half. Henceforth, it will pay out only 30 percent as dividends. Discuss how  Semiconductor Manufacturing International Corporation stockholders, customers, and the labor force will react to each of these actions and then explain how each action might affect United’s stock price.

A not-for-profit medical center performs services in the current year at a charge of $1 million. Officials expect bad debts to be $94,000. Another $200,000 is viewed as charity care services because no collection was expected at the time of the work. What should the medical center report as net patient service revenues? $706,000 $800,000 $906,000. $1,000,000

City X purchased $6,000 of new computers during the year from the general fund. Which of the following statements is correct about how this would be recorded? The fixed assets in the government wide financial statements would not increase. The fixed asset accounts in the government wide financial statements would increase $6,000 There are no long term fixed assets in governmental accounting. O The fixed asset accounts in the governmental fund statements would increase $6,000

The following is a Statement of Cash Flows for the risk management internal service fund of the City of Wrightville. An inexperienced accountant prepared the statement using the FASB format rather than the format required by GASB. All long-term debt was issued to purchase capital assets. The transfer from the General Fund was to establish the internal service fund and provide the initial working capital necessary for operations. CITY OF WRIGHTVILLE Risk Management Internal Service Fund Statement of Cash Flows For the Year Ended June 30, 2024 Cash flows from operating activities: Cash received from other departments Cash paid for suppliers and employees Cash paid on insurance claims Transfer from General Fund Investment income received Interest paid on long-term debt Cash flows from operating activities Cash flows from investing activities: Acquisition of property, plant, and equipment Purchase of investments Sale of property, plant, and equipment Cash flows from investing activities…

None

DIRECTIONS. Analyze the situation and answer the question on a separate sheet of раper. One of the VP for Finance of the Financial Manager is to determine the appropriate capital structure of the company. To illustrate, show/draw the figure below: Sample Capital Structure 100% 75% Equity 50% Assets 25% Liabilities 0% Total Assets Total Structure - In the figure above, the total assets are financed by 60% debt and 40% equity. Accordingly, the capital structure is 60% debt and 40% equity. Question: Do you think there is an ideal mix of debt and equity across corporations? Elaborate your answer.

Please do not give image format

Sagar

Do not use Ai