Calculate Superior’s legal capital at December 31, 2016..
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Calculate Superior’s legal capital at December 31, 2016..
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- 16. Helen Company's directors decided on November 1, 2011 to restructure the entity's operations as follows: Factory A would be closed down and put on the market for sale. Employees working in Factory A would be retrenched on November 3O, 2011, and would be paid their accumulated entitlements plus six months' wages. Some employees working in Factory A would be transferred to Factory B, which would continue operating. On December 31, 2011, the following transactions and events had occurred: The retrenched employees have left and their accumulated entitlements have been paid. However, an amount of P1,000,000, representing a portion of the six months' wages for the retrenched employees, has still not been paid. Costs of P300,000 are expected to be incurred in transferring the remaining employees to their new work in Factory B. The transfer is planned for January 15, 2012. One employee, Juan Cruz, remains in order to complete administrative tasks relating to the closure of Factory A and…As an analyst for a big technology company. The company has decided that this is the time to retire some of its debt. The company has decided the best way to do this is if us government bonds are used to match the principle as well as the interest payments on the liabilities chosen. Set up a strategy to accomplish this showing your work and discussion your result. do you think this process is reasonable and why/whynot? September 2019 $4,500,000 September 2020. $5,050,000 September 2021. $3,750,000 September 2022 $6,450,000 The Government debt 1.50% coupon due September 2019 1.75% coupon due September 2020 2.35% coupon due September 2020 2.6% coupon due September 2021a) Compute the total carrying amount of Metlock's patents on its december 31, 2024 balance sheet. b) Compute the total carrying amount of Metlock's patents on its December 31, 2025 balance sheet Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- shortly explain all the capital structure theories and compare them with your own words (no copy paste from somewhere. Use your own book as reference.) Then randomly choose three companies enlisted in Borsa İstanbul and analyze their balance sheet. Write your comments about their capital structure and analyze with regard to risk and profitability. FINANCIAL MANAGEMENT II COURSE QUESTİONI am reposting it because the answers were wrong. Can someone please help me with correct answers for required 2 and 3. Thank you! Dixon Development began operations in December 2021. When lots for industrial development are sold, Dixon recognizes income for financial reporting purposes in the year of the sale. For some lots, Dixon recognizes income for tax purposes when collected. Income recognized for financial reporting purposes in 2021 for lots sold this way was $16 million, which will be collected over the next three years. Scheduled collections for 2022–2024 are as follows: 2022 $ 4 million 2023 7 million 2024 5 million $ 16 million Pretax accounting income for 2021 was $28 million. The enacted tax rate is 35%. Required:1. Assuming no differences between accounting income and taxable income other than those described above, prepare the journal entry to record income taxes in 2021.2. Suppose a new tax law, revising the tax rate from 35% to…Please answer this question and explain. Thank you
- Please could you give me detail about The weighted average cost of capital up to the point when retained earnings are exhausted. The weighted average cost of capital after all retained earnings are exhausted.Which of the following is not a working capital requirement? O a. To pay wages and salaries to labour and employees O b. To purchase machinery and furniture, etc O c. To meet the short-term obligation O d. None of theseCrane Corp.'s controller was preparing the adjusting entries for the company's year ended December 31, 2023, when the vice- president of finance called him into her office. "Jean-Pierre," she said, "I've been considering a couple of matters that may require different treatment this year. First, the patent we acquired in early January 2021 for $585,000 will now likely be used until the end of 2025 and then be sold for $200,000. We previously thought that we'd use it for 10 years in total and then be able to sell it for $133,000. We've been using straight-line amortization on the patent." "Second, I just discovered that the property we bought on July 2, 2020, for $267,200 was charged entirely to the Land account instead of being allocated between Land ($63,200) and Building ($204,000). The building should be of use to us for a total of 20 years. At that point, it'll be sold and we should be able to realize at least $48,800 from the sale of the building." "Please let me know how these…
- You have been asked to review the December 31, 2024, balance sheet for Champion Cleaning. After completing your review, you list the following three items for discussion with your superior: An investment of $30,000 is included in current assets. Management has indicated it has no intention of liquidating the investment in 2025. A $100,000 note payable is listed as a long-term liability, but you have determined that the note is due in 10 equal annual installments with the first installment due on March 31, 2025. Deferred revenue of $60,000 is included as a current liability even though only two-thirds will be recognized as revenue in 2025, and the other one-third in 2026.Please show their ending capital balances. Thank youF. Pierce Products Inc. is considering changing its capital structure. F. Pierce currently has no debt and no preferred stock, but it would like to add some debt to take advantage of the tax shield. Its investment banker has indicated that the pre-tax cost of debt under various possible capital structures would be as follows: Market Debt-to Equity Ratio (D/S) Before-Tax Cost of Debt (ra) Market Debt-to- Value Ratio (wd) Market Equity-to- Value Ratio (ws) 0.0 1.0 0.10 0.90 0.20 0.80 0.30 0.40 0.70 0.60 0.00 0.1111 0.2500 0.4286 0.6667 6.0% 6.4 7.0 8.2 10.0 F. Pierce uses the CAPM to estimate its cost of common equity, rs, and at the time of the analaysis the risk-free rate is 6%, the market risk premium is 7%, and the company's tax rate is 25%. F. Pierce estimates that its beta now (which is "unlevered" because it currently has no debt) is 0.7. Based on this information, what is the firm's optimal capital structure, and what would be the weighted average cost of capital at the optimal…