The following balance sheet represents Boles Electronics Cor

The following balance sheet represents Boles Electronics Cor

The following balance sheet represents Boles Electronics Corporations position at the time it filed for bankruptcy (in thousands of dollars): (BALANCE SHEET IS ATTACHED) The mortgage bonds are secured by the plant, but not by the equipment. The subordinated debentures are subordinated to notes payable. The firm was unable to reorganize under Chapter 11; therefore, it was liquidated under Chapter 7. The trustee, whose legal and administrative fees amounted to $200,000, sold off the assets and received the following proceeds (in thousands of dollars): Asset / Proceeds Plant $1,600 Equipment 1,300 Receivables 50 Inventories 240 Total $3,190 In addition, the firm had $10,000 in cash available for distribution. No single wage earner had over $2,000 in claims, and there were no unfunded pension plan liabilities. A). What is the total amount available for distribution to all claimants? What is the total of creditor and trustee claims? Will the preferred and common stockholders receive any distributions? B). Determine the dollar distribution to each creditor and to the trustee. What percentage of each claim is satisfied? Attachments: Boles-Info.PNG

Select an industry association, professional body (e.g., acc

Select an industry association, professional body (e.g., acc

Select an industry association, professional body (e.g., accountants), market segment (e.g., active seniors) or other group of readers of a hypothetical or actual organizational newsletter whose members could benefit from knowing more about the economic environment of their particular industry, sector, or segment. Whether your newsletter is fact or fiction, use an actual organization and its main concerns to guide your choice of mesoeconomic concepts. In your article, identify and define–in lay terms–three mesoeconomic variables or indicators. Explain what they mean for the organization, specifically.

Need help answeing this finance question.Microtech Corporati

Need help answeing this finance question.Microtech Corporati

Need help answeing this finance question.Microtech Corporation is expanding rapidly and currently needs to retain all of its earnings, hence it does not pay dividends. However, investors expect Microtech to begin paying dividends, beginning with a dividend of $1.25 coming 3 years from today. The dividend should grow rapidly – at a rate of 28% per year – during Years 4 and 5, but after Year 5 growth should be a constant 6% per year. If the required return on Microtech is 17%, what is the value of the stock today? Round your answer to two decimal places.

A monopolist has two types of customers. There are 100 of TY

A monopolist has two types of customers. There are 100 of TY

A monopolist has two types of customers. There are 100 of TYPE A, who will each pay up tp $10 for a single unit of the good, and 50 of TYPE B, who will each pay up to $8.00. Neither are willing to purchase additional units at any price. If it must find a uniform price what is the price? Assume that spending $80 on advertising will attract 100 more TYPE B customers. Should the monopolist advertise? If so what will happen to the price?

1. The prior probabilities for events A1 and A2 are P(A1) .4

1. The prior probabilities for events A1 and A2 are P(A1) .4

1. The prior probabilities for events A1 and A2 are P(A1) .40 and P(A2) .60. It is also known that P(A1 A2) 0. Suppose P(B A1) .20 and P(B A2) .05. a. Are A1 and A2 mutually exclusive? Explain. b. Compute P(A1 B) and P(A2 B). c. Compute P(B). d. Apply Bayes theorem to compute P(A1 B) and P(A2 B). 2. The prior probabilities for events A1, A2, and A3 are P(A1) .20, P(A2) .50, and P(A3) .30. The conditional probabilities of event B given A1, A2, and A3 are P(B A1) .50, P(B A2) .40, and P(B A3) .30. a. Compute P(B A1), P(B A2), and P(B A3). b. Apply Bayestheorem, equation (4.19), to compute the posterior probability P(A2 B). c. Use the tabular approach to applying Bayes theorem to compute P(A1 B), P(A2 B), and P(A3 B).

Rolen Riders issued preferred stock with a stated dividend o

Rolen Riders issued preferred stock with a stated dividend o

Rolen Riders issued preferred stock with a stated dividend of 10% of par. Preferred stock of this type currently yields 8%, and the par value is 100. Assume dividends are paid annually. A). What is the value of Rolen’s prefferred stock? B). Suppose interest rate levels rise to the point where the prefrred stock now yields 12% What would be the value of Rolen’s preferred stock?

What are the equilibrium quantity and pric… Suppose demand

What are the equilibrium quantity and pric… Suppose demand

What are the equilibrium quantity and pric… Suppose demand and supply are given by Qd = 50 P and Qs = P 10.a. What are the equilibrium quantity and price in this market?b. Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $42 is imposed in this market.c. Determine the quantity demanded, the quantity supplied, and the magnitude of the shortage if a price ceiling of $30 is imposed in this market. Also, determine the full economic price paid by consumers.