Determine the lower cost or market for ending inventory
Determine the lower cost or market for ending inventory
Financial Accounting
Ending Inventory Calculation for each product & as a whole.
Tanzy Company’s ending inventory includes the following items. Compute the
lower cost or market for ending inventory a) as a whole and b) applied
separately to each product.
Hint: b) $6,896
Product
Units
Cost
Market
Helmets
22
$50
$54
Bats
15
78
72
Shoes
36
95
91
Uniforms
40
36
36
What are the objectives of kates financial system
What are the objectives of kates financial system
Financial Accounting
Systems Concepts
Kate Myers is a student at Memorial University. Her system for tracking
financesincludes the following. Kate has two credit cards; each day she places
the receipts forany items purchased on credit in a manila envelope on her
desk. She checks thesereceipts against the credit card bills at the end of the
month. Any other financial itemthat Kate thinks might be useful later is also
placed into the envelope. (An examplewould be a payroll stub from her job as a
worker in the campus cafeteria.) Kate recordsany cheque written in her
chequebook register at the time she writes it. Shortly after herbank statement
arrives, she enters any cheques written and deposits made intoQuicken1 (the
software program she uses to balance her chequebook). She then reconcilesher
bank statement against the Quicken account and prints a reconciliation
report.From time to time, Kate phones home to ask her mother to add more money
to herbank account. (Kate could e-mail or text her mom, but she’s found that
her motherappreciates the personal touch of a phone call, and the money
appears more quicklywhenever Kate phones.) Her mother, who has copies of the
deposit slips for Kate’s account, mails a cheque (from her own account) with a
deposit slip to Kate’s account.Whenever this occurs, Kate logs on to
Bluemountain.com and e-mails her mother anelectronic thank you card.The
following items are associated with this financial system:
a. Manila envelope
b. Chequebook
c. Cheques and deposit slips
d. Computer and printer
e. Quicken program
f. Credit cards
g. Credit card receipts
h. Payroll stubs, etc.
i. Monthly bank statements
j. Reconciliation report
k. Phone
Required:
1. What are the objectives of Kate’s financial system? What processes can you
identify?
2. Classify the items into one of the following categories:
a. Interrelated parts
b. Inputs
c. Outputs
3. Draw an operational model for the financial system.
Why you would consider contributing capital to the hospital
Why you would consider contributing capital to the hospital
Finance
Refer to the Statement of Cash Flows below to answer the questions below (must
be in APA format with references):
a. You are a potential creditor of Blank Memorial Hospital. Discuss three (3)
reasons why you would consider extending a line of credit to the hospital.
Also, explain at least one (1) concern you might have. Finally, discuss any
information that has not been presented to you that you would find useful.
b. You are a potential investor in Blank Memorial Hospital. Discuss three (3)
reasons why you would consider contributing capital to the hospital. Share at
least one (1) concern that you might have. Then discuss any additional
information you might require.
Blank Memorial Hospital
Cash Statement for the Year 2014
Operating activities
net income
500,600
depreciation
13000
increase in a/c receivables
-15000
decrease in inventory
24000
increase in prepaid expenses
12300
increase in a/c payables
9700
accrued expenses payables
-12000
Net income from operating activities
532,600
investing activities
equipment
860000
Net cash used in investing activities
-860000
financing activities
common stocks
100000
shareholders dividends
7400
retained earnings
493,200
Net cash flow from investing activities
600,600
change of cash
273,200
beginning cash
100000
cash at the end of year
373200
Which of following investments have lowest present value
Which of following investments have lowest present value
Finance
Which of the following investments would have the ‘lowest’ present value?
Assume that the effective annual rate for all investments is the same and is
greater than zero.
Question options:
a) Investment C pays $125 at the beginning of every 6-month period for the
next 10 years (a total of 20 payments).
b) Investment E pays $250 at the beginning of every year for the next 10 years
(a total of 10 payments).
c) Investment B pays $125 at the end of every 6-month period for the next 10
years (a total of 20 payments).
d) Investment D pays $2,500 at the end of 10 years (just one payment).
e) Investment A pays $250 at the end of every year for the next 10 years (a
total of 10 payments
Negotiating payment contracts
Finance / Human resource management
Discuss capitation payment methodologies between payers and providers, and
Medicare or Medicaid with commercial Managed Care organizations (MCO).
Explain at least three important aspects that you as a medical business
professional would need to understand when negotiating payment contracts
either between a provider and the MCO, or negotiating between the MCO and
Medicare.
Describe effect of an unexpected devaluation on central bank
Describe effect of an unexpected devaluation on central bank
Microeconomics
1. Do the exercises in the previous problem for an increase in government
spending.
2. Describe the effects of an unexpected devaluation on the central bank’s
balance sheet and on the balance of payments account
Analyze elasticity of demand for products within industry
Analyze elasticity of demand for products within industry
Microeconomics
“Estimating Demand and Its Elasticities” Please respond to the following:
From the scenario for Katrina’s Candies, examine the procedure Herb will use
to estimate the demand model developed in the scenario for Week
1. Analyze the elasticity of demand for products within the selected industry
relevant to Katrina’s Candies. Determine the factors involved in making
decisions about pricing these products that you believe to be the most
influential.
be typed, double spaced, using Times New Roman font (size 12), with one-inch
margins on all sides; citations and references must follow APA format.
Include a cover page containing the title of the assignment, the student’s
name, the professor’s name, the course title, and the date. The cover page and
the reference page are not included in the required assignment page length.
This is a required resource, you may also use supplemental resources.
McGuigan, J. R., Moyer, R. C., & Harris, F. H. deB. (2014). Managerial
economics: applications, strategies and tactics (13th ed.). Stamford, CT:
Cengage Learning.
Determine the present worth in year of the costs
Determine the present worth in year of the costs
Microeconomics
1. Calculate the annual worth (years 1 through 7) of Merchant Trucking
Company’s cash flow. Use an interest rate of 10% per year.
Year 0 1 2 3 4 5 6 7 Cash Flow, $ millions 450 -40 200 200 200 200 200 200.
2. The by-product department of Iowa Packing utilizes a cooker that has the
cost stream shown. Determine the present worth in year 0 of the costs at an
interest rate of 10% per year.
Year Cost ($1000)
0 850
1 300
2 400
3 400
4 400
5 500
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Microeconomics
Discuss the background of Federal Reserve’s Chairman Ben Bernanke in detail
including his educational background to his accomplishments to his role in
running the Fed. What is his legacy regarding the Federal Reserve? Why was he
in news recently? Explain in detail and cite your sources.
Explain legacy regarding the federal reserve
Explain legacy regarding the federal reserve
Microeconomics
Discuss the background of Federal Reserve’s Chairman Ben Bernanke in detail
including his educational background to his accomplishments to his role in
running the Fed. What is his legacy regarding the Federal Reserve? Why was he
in news recently? Explain in detail and cite your sources.