Finance
Question:
the following is the capital structure of xyz ltd as at 31/12/2002 ordinary share capital shs 10par value shs 400m retained earning s shs 200m 10%preference share capital shs20 per shs100m 12%debentures shs 100par value shs 900 addintional information 1.corporate tax rate 30% 2. preferences shares were issued 10 years ago and are still selling at bpar value mps =par value 3.the debentures has 10 years maturity period it is currently selling at shs90 4.currently the firm has paying divided per share of shs5 the dps is expected to grow at 5 %p.a in future the current mps is shs 40 required is a) determine the WACC of the firm b)explain why market values and not book values are used to determine the weight c)what are the weakness associated with WACC when used as discounting rate in project appraissail
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Economics
Question:
1. Define unemployment. Who do you call unemployed? Give an example for Frictional, seasonal, structural, and cyclical unemployment 2. explain how inflation affects a persons personal life.
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Business
Question:
Identify and explain the supposed differences between male and female ethical perspectives. How do the two examples given of male and female reasoning exemplify the various supposed characteristics of female and male ethical perspectives?
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Economics
Question:
Do the same steps as (a) to (c) when x bar = 9.8 with the hypotheses H0: µ = 10, Ha: µ ≠ 10 at the 5% significance level. (a) What is the value of the test statistic, z? (b) What is the P-value for this test? (c) State your conclusion clearly (statistical conclusion and its interpretation). (d) Back to a confidence interval for μ. Find a 95% confidence interval for μ (Clearly provide your lower and upper limits). (e) What is your conclusion based on the hypotheses and the confidence interval for μ. (f) Are the two conclusions – test of significance and the confidence interval – the same? If so, why?
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Finance
Question:
Call Premium A 7.00 percent corporate coupon bond is callable in four years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond?
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Accounting
Question:
Campus Fast is a new audit client. Client Fast uses public WiFi to place and deliver restaurant take out for students at the Up and Coming State University. Campus Fast was founded by three highly ambitious MBA students at the university. The business plan is to find a buyer or place an IPO of the company by graduation in two years. The founders expect to pay off all student loans, take a tour around the world and then start another company. In order for the business plan to work on the timeline for graduation, the business must meet highly ambitious earnings numbers. Additionally, the company is dealing with two situations that the founders would like to keep from the auditors: 1) The company has been using free, unsecured public WiFi to take orders via the Internet. The customer may pay via the Internet. Several students, who all happen to be members of the same student organization on campus, are claiming that using Campus Fast has allowed their identity to be stolen. One student is claiming that she had $12,000 of charges on her credit card to the unsecured Internet site of Campus Fast. Management plans to pay off the complaining students and keep the true liability off the balance sheet. The reason is Campus Fast is concerned that an interested buyer may become concerned about the unsecured site and might get scared by the student complaints. 2) The company guarantees fast delivery. It has offered to pay any speeding or other moving violation tickets to its delivery drivers. Unfortunately one of the drivers was involved in an accident due to running a red light. The passenger in the other car is in critical condition and the intensive care unit in the hospital. The driver has promised the family of the passenger that the company will make good on any expenses and admitted the company policy on repaying all traffic tickets. Attorneys for the injured party are threatening to sue and publicize the situation. The founders do not have enough cash to take care of this problem but are still trying to keep the situation from the auditors and potential buyer. Using the internal control framework from SAS 55, 98, COSO and Enterprise Risk Management, assess the internal controls at Campus Fast and risk environment. Ethical Obligations and Decision Making in Accounting Third Edition, Mintz
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