Which of the following statements is INCORRECT? Select one: а.
Q: QUESTION 2: A company values its inventory using the first in, first out (FIFO) method. At 1 May…
A: 2) the value of company's closing inventory is shown below,
Q: A soft drink bottler incurred the following factory utility cost: $3,511 for 900 cases bottled and…
A: Variable cost changes with the level of units proportionately which means, the variable cost per…
Q: Just part B
A: Working:
Q: Concord Corporation's charter authorized issuance of 96,000 shares of $10 par value common stock and…
A: The company issues either common shares or preferred shares. When the company issues these shares…
Q: 2. Chapter 9 Homework. Help
A: Prepare journal entry for the issuance of bonds:
Q: The composition of the Fingroup Fund portfolio is as follows: Stock A B C D Shares 300,000 400,000…
A: The first step in solving the question involves identifying the value of the portfolio.…
Q: Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt…
A: Bond pricing refers to the process of determining the value or worth of a bond. The price of a bond…
Q: ! Required information [The following information applies to the questions displayed below.] Mickey…
A: Investment interest expense is deductible to the extent of investment income
Q: Froblem 3 The Smart Manufacturing Company has a cycle time of 3.0 days, uses a Raw and In Process…
A: 1. Particulars Amount Material purchased 146000 Material in RIP beginning(15000-4400) 10600…
Q: Year Cash Flow $22,900 40,900 58,900 235 Assume an interest rate of 9.7 percent per year. a. If…
A: Future value is the projected worth of an investment or asset at a specified time in the future. It…
Q: Problem 3 Olive Corporation buys a material for P20 per unit. Sixteen thousand parts a year are…
A: Economic order quantity means the number of units to be ordered so that total cost of inventory will…
Q: 2. Homework Chapter 10
A: In Stock split offers are given to the present investor's in extent of their current offers. It is…
Q: J.A.N., Inc. uses a job order cost system. On May 1, the company has a balance in Work in Process…
A: Allocation of Manufacturing Overhead = Overhead Rate x Direct Labor Cost of Job
Q: I used my house, which I fully paid, as collateral to take out a loan to borrow money from a bank.…
A: A transaction had been stated. Several statements have been given to characterize the transaction.…
Q: Hi-Tek Manufacturing Inc. makes two types of industrial component parts-the B300 and the T500. An…
A: Sale B300=Units sold×Price per unit=60400×$19=$1147600
Q: a) Bianca takes out a 20-year home loan of $480,000 for her property. She makes equal month-end…
A: A mortgage loan is the type of loan that is provided to a borrower by a bank or financial…
Q: 3. Chapter 9 Homework
A: Prepare journal entry to record the issuance of bonds:
Q: PROBLEM D Given the assumptions below concerning the Speedy Growth Company, construct the income…
A: Sales revenue: It is the revenue earned by a business on selling the goods or providing services to…
Q: Many persons prepare for retirement by making monthly contributions to a savings program. Suppose…
A: Given: Amount = $2,400 Interest rate = 8% Years = 28
Q: IIL. Currently (March 20, 2021), your portfolio consists of 1,000 Treasury 1 3/4% September 15, 2030…
A: Hedging is an act or a process that helps in the removal of risk exposure that arises due to a…
Q: Which of the following statements are true? 1. The sum of all manufacturing costs except for direct…
A: The manufacturing costs also called product cost includes direct materials, direct labor and…
Q: Required information [The following information applies to the questions displayed below.] Vitamix…
A: A financial statement known as an income statement offers a snapshot of a company's profits during a…
Q: As an engineer, you plan to put aside 20% of your yearly income. You expect to make Php1 million in…
A: Savings = 20% of yearly Income N = 6 First year income = 1,000,000 Savings = 20%*1,000,000 Savings =…
Q: The present sum needed to provide for an annual withdrawal of $1,500 for 25 years beginning 5 years…
A: Annual withdrawal = $ 1500 Number of annual withdrawal = 25 Interest rate = 10% First withdrawal = 5…
Q: Lindsey Company uses activity-based costing. The company has two products: A and B. The annual…
A: The process of allocating overhead and indirect expenses to goods and services is known as…
Q: Answer iii.
A: In perpetual method of inventory, the calculations of inventory is done as and when it is bought and…
Q: 3. Homework Chapter 10
A: Stockholders’ equity is the measure of assets staying in a business after the sum total of the…
Q: On January 1, Sunland Company Issued $441,000, 7%, 15-year bonds at face value, Interest is payable…
A: The bonds are reported as the long-term liabilities in the balance sheet. The accrued interest is…
Q: The cash flow associated with a stripper oil well is expected to be $4,000 in month one, $3,925 in…
A: Interest Rate = 12%/12 = 1% per month Cash Flow in month one = 4000 Cash Flow in month two = 3925…
Q: 1. Determine the share of Evie & Leo in the net income.
A: Answer:
Q: Cool Stuff, Inc. uses 800 units of a product per year on a continuous basis. The product has…
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: Given the information below for Seger Corporation, compute the expected share price at the end of…
A: A price ratio is a financial metric that is used to evaluate the intrinsic value of the share by…
Q: A company had the following transactions during December: Dec 1 Sold merchandise on credit for…
A: GIVEN Dec 1 Sold merchandise on credit for Php5,000, terms 3/10 n / 30 The items sold had a cost…
Q: Sells at of $48 for a unit, direct material $17, direct labour $12 dollar, and overhead $16 (75%…
A: Lets understand the basics.In special order situation, management needs to choose whether to accept…
Q: Two mutually exclusive investment opportunities require an initial investment of $6 million.…
A: Given, Two projects with initial investment of $6 million each. Investment A gives $1.5 million in…
Q: Fowler Company is a price - taker and uses target pricing. Refer to the following information:…
A: Desired Profit = $ 1,39,00,000 × 16% = $ 22,24,000
Q: Motorola Credit Corporation's annual report: (dollars in millions) $267 148 2,025 1,775 250 Net…
A: Ratio analysis refers to the calculation of certain ratios based on a company’s financial statements…
Q: (11) Assume that the capital market line is as follows: 4,00 + 13,5B Comment on whether each of the…
A: Undervalued securities are those securities which are trading below their fair value and thus…
3
Step by step
Solved in 2 steps
- Which of the following statements is false? A. The sovereign credit rating is a risk of a national government becoming unable to satisfy its loan obligations. B. Bond prices are inversely related to spreads. C. Issuer credit ratings are based on the overall creditworthiness of the firm. D. Liquidity is observed when there is a large difference between the offered sale price and the bid price.The RBA decides to buy bonds and securities from commercial banks on the open market. Other things being equal, this will result in a(n) _________ in the price of financial assets. short term increase, but longer-term fall increase decrease short term decrease, but longer-term rise no changeBanks use gap analysis to measure interest rate risk in their balance sheets. If firm XYZ is said to have a positive gap, this means: Group of answer choices C. Rate-sensitive assets exceed rate-sensitive liabilities B. Long-term assets are funded with short-term liabilities D. Rate-sensitive assets equal rate-sensitive liabilities A. Liabilities reprice before assets
- If interest rates are expected to fall in the future, a hawkish fed will a. Sell treasury bonds to constrict money supply b. Increase deposit requirements c. Allow a recession to happen ? С. d. Add credit to its member banks1. A type of risk that relates to the changes in the market value of commodities that diminishes the power of money in relation to its ability to purchase goods and services. A. Default risk B. Interest-rate risk C. Purchasing power risk D. Liquidity risk 2. Bonds, a source of long-term financing, are long-term debt instruments. They are similar to term loans, except that they ae usually offered to the public and sold to many investors. Among the advantages (to the issuer) of issuing bonds are as follows, except A. Cost of debt is limited- bondholders usually do not participate in the superior earning of the firm. B. Interest paid on debt (bonds) is tax deductible C. Debt adds risk to a firm D. Basic control of the firm is not shared with the debt holders. 3. Cost of capital is the: A. amount the company must pay for its plant assets. B. dividends a company must pay on its equity securities. C. cost the company must incur to obtain…Which statement is FALSE regarding bonds?Select one:The pay back their face value within their maturity.They can be traded on secondary markets. Entitles its holder for cash inflows.When issued they increase the equity of the firm.
- True or false I. Floating/ variable rate bonds is one in which the interest payment changes with the market conditions. II. Junk or low rated bonds are rated BB or below.III. Eurobonds are bonds payable or denominated in the borrower’s currency, but sold outside the country of the borrower, usually by an international syndicate of investment bankers. IV. Treasury bonds carry the “full-faith-and-credit” backing of the government and investors consider them among the safest fixed-income investments in the world.Which of the following will have the same effect on money supply as raising the reserve requirement? a) The central bank decreases the interest rate. b) The central bank purchases bonds in the market. c) The central bank purchases securities and debentures in the market. d) Lower bond prices.What is not an advantage of a Treasury (T) Note? Select one: a. Extremely liquid security. b. Loss of potential purchasing power (inflation > yield). c. An investor’s capital is secure. d. Better returns than a bank savings account.
- Economic conditions in Fredland have caused the demand for money to increase which has changed the nominal interest rate. If the central bank wants to counteract this change, which of the following is an appropriate open market operation to achieve that? Select one: O a. Raise the discount rate. O b. Increase taxes. O c. Decrease the reserve requirement. O d. Sell bonds. O e. Buy bonds.Give typing answer with explanation and conclusion7- which of the statements given below is true? Please select one; a) every financial market allows loans to be made b) The New York Stock Exchange is an example of a primary market c) the capital market is a financial market in which only short term debt instruments (generally those with an original maturity of less than one year) are traded d) a pansion fund is not a contractual savings instution e) in the US financial intermediaries are restricted in what they are allowed to do and what assets m m they can hold
