...FIN 550 Discussion Questions Week 1-11 Follow www.hwmojo.com link below to purchase solution http://www.hwmojo.com/products/fin550-discussions We have all assignments, quizzes, exams, homework problems and discussion for FIN 550. Email us support@hwmojo.com FIN 550 Week 1-11 Discussion Questions Solved Week 1 DQ 1 "Investment Performance" Please respond to the following: • From the e-Activity, predict the performance of the DOW for the next two years. Provide support for your prediction. • Given your predictions, recommend whether or not a risk-adverse person should invest in the DOW index fund. Explain your rationale. Week 1 DQ 2 "Investment Decisions" Please respond to the following: • Analyze the factors that influence investment decisions at different stages in an investor’s life cycle, and make a recommendation at which stage the average investor should consider financial investments. Provide support for your recommendation. • Assess how cultural differences in foreign countries impact investor asset allocations. Week 2 DQ 1 "Globalization" Please respond to the following: • From the e-Activity, analyze how national exchanges around the world are linked and suggest which exchange most significantly impacts the U.S. markets. Explain your rationale. • Assess the factor(s) contributing to the global consolidation of stock, bonds, and derivative exchange. Predict the impact to these exchanges in the future...
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...Management Accounting & Control Systems 4th Edition, by Allen, Brownlee, Haskins and Lynch, Pearson-Prentice Hall, ISBN #0-13-570425-1 Freakonomics: A Rouge Economist Explores the Hidden Side of Everything, by Steven D. Levitt and Stephen J. Dubner, Harper Collins, ISBN#0-06-073132-X ✓ University Communication with Students All email communication from the University is sent to the student’s wsu.edu address. Please be sure that you have set up the link to forward your personal email address (aol, hotmail, etc.) or you will miss announcements and information that is very important to you. This is the email I use to contact you regarding class matters. If you change your email address, be sure to update again. ✓ Catalog Course Description with Prerequisitites 3credits: Managerial evaluation of budgeting, cost accounting, and financial analysis techniques; their utilization in control of operations. (pre-requisite acctg 550 or equivalent). Please note that pre-requisites are strictly enforced and that students will be disenrolled if they do not have course pre-requisites). ✓ Instructor Course Objectives Knowledge and Skill Expectations: Students should have the knowledge and skill level to record economic events, read and analyze financial information through the topic areas covered in Acctg 550. Overview of Course Purpose: This course will integrate fundamental cost accounting topics with strategic analysis to demonstrate how accounting information...
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...Homework Assignment 6 1. For the problem in Q2 of Homework 5, the company decided that the project in the previous problem has to be expedited in order to optimize (minimize) the project cost. Expediting can be used to trade direct cost for indirect cost, since expediting the project reduces the indirect cost of the project by a fixed amount per day, while expediting an activity increases its total direct cost. The Accounting Department found that indirect costs amount to $100 per day, while activity direct costs as well as their normal and expedited times are given in the table below, from which you can compute the direct cost incurred by expediting an activity by one day. Activity Normal Time (days) Expedited Time (days) Normal Cost ($) Expedited Cost ($) A 32 26 200 500 B 21 20 300 375 C 30 30 200 200 D 45 40 200 800 E 26 20 700 1,360 F 28 24 1,000 1,160 G 20 18 400 550 Answer the following questions: (a) (10 points) What is the optimal time to complete the project? The optimal time to complete the project is 73 days. Consider the following information: Activity Normal Time (days) Expedited Time (days) Normal Cost ($) Expedited Cost ($) Cost/ Week ($) A 32 26 200 500 50 B 21 20 300 375 75 C 30 30 200 200 - D 45 40 200 800 120 E 26 20 700 1,360 110 F 28 24 1,000 1,160 40 G 20 18 400 550 75 Cost/Week = (Expedited Cost – Normal Cost)/(Normal Time – Expedited Time) Critical Paths = AP1EG and CFG The company should first...
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...IS 535 Part 1 Assignment Chapter 1 (Page 29) Q1 What are the company’s goals and culture? The company’s main goal is to produce dirt bikes that could be customized for racing, off-road, and recreational riding by using the best quality components and parts from all over the world. The culture of the company is that they strive to use the best quality components they can find from anywhere in the world. For example, the engines are from Austria, the tires from Dunlop, Inc., and many of the other parts are from the United States. They also want to develop bikes that both perform better and look better than their competition. Part of their culture is to race these bikes in different competitive professional races. Also, it is the company culture to maintain a very friendly family atmosphere. They encourage teamwork, pay attention to detail and quality, and they are continually striving to learn and innovate. Employees, distributors, and retail customers are urged to contribute ideas on how to improve Dirt Bikes’ products and service. Q2 What products and services does Dirt Bikes USA provide? They produce off-road motorcycles. There are currently four models; two Enduro bikes-the Enduro 250 and 550-which are for endurance, and two Moto bikes-the Moto 300 and 450-which are used for motocross racing. They also have a parts and services business which accounts for approximately 15% of its total revenue. How many types of products and services are available to customers...
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...MANAGEMENT COLLEGE OF SOUTHERN AFRICA (MANCOSA) ASSIGNMENT COVER SHEET SURNAME FIRST NAME/S STUDENT NUMBER MODULE NAME ASSIGNMENT NUMBER TUTOR’S NAME EXAMINATION VENUE DATE SUBMITTED SUBMISSION (√) BWALYA CHILALA MWIINGA 113444 BUSINESS ADMINISTRATION 3A 03 MR. THUSABANTU MANCOSA CAMPUS 28 APRIL 2012 1ST SUBMISSION P O BOX 25632 POSTAL ADDRESS GABORONE BOTSWANA chilalabwalya@ymail.com WORK: +267 3975025 HOME: +267 3975025 MOBILE: +267 72853488 BBA YEAR 3 – JANUARY 2012 √ RE-SUBMISSION E-MAIL CONTACT NUMBERS COURSE/INTAKE DECLARATION: I hereby declare that the assignment submitted is an original piece of work produced by myself. SIGNATURE: _____CMB_____ DATE: 28/04/2012 Page | 1 Table of Contents Question 1 – FINANCIAL PROJECTION 1.1 1.2 Prepare a production schedule .............................................................................................4 Prepare the Proforma balance sheet of CVB Enterprises ....................................................5 Question 2 – MANAGEMENT OF WORKING CAPITAL 2.1 If the cost of borrowing is 18% per annum, would it be wise for Umlazi Traders to settle its accounts with Sharpe Wholesalers? ................................................................................7 2.2 Trojan Manufacturing 2.2.1 Calculate the value of inventory as at 31 December 2011 using LIFO method ..................8 2.2.2 Calculate the value of inventory as at 31 December 2011 using weighted average method.......................
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...MAA261 Financial Accounting ASSIGNMENT - Trimester 2, 2015 Question ONE Proforma Family name: | First names: | Deakin ID: | Deakin Username: | SPECIAL INSTRUCTIONS: * Question 1 must be completed and submitted on this proforma. * Please ensure that you understand the University rules on plagiarism – it must be your own work. * Include your answer in sections provided * You can create more lines on the journal entry tables etc. by placing the cursor at the end of a row and pressing return. * Insert your name and Student ID in the footer. * You are NOT to submit a hard copy (online submission only). SCOTTY’S SURFBOARDS AN ACCOUNTING PRACTICE SET Journals General Journal | | | | Post. | | | Date | Account | Ref. | Debit | Credit | | | | | | 24/7 | Account Payable Yeehah Surf Supplies | | 605 | | | Inventory | | | 605 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |...
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...ILLINOIS STATE UNIVERSITY College of Business Department of Accounting ACC 132 –Managerial Accounting Spring 2014 Section 3, Mon/Wed 2:00 - 3:15 pm, SFHB 357 INSTRUCTOR INFORMATION Instructor: Liesel Mitchell, CPA, CMA Office: COB 314 Phone: 438-7588 E-mail: lmitch2@ilstu.edu Office Hours: Mon/Wed 1:00 – 2:00 pm and 3:15-4:15 pm, Other hours by appointment (I am in class M/W from 9:30 am-12:15 pm and off campus on T/Th until 2:30 pm) Graduate Assistant: Sam Koury, skoury@ilstu.edu Tutoring: Accounting Department tutoring, SFHB 127, times TBA Julia N. Visor Academic Center: • Provides free weekly tutoring sessions (must sign up). Also provides assistance with a variety of other skills. • (309) 438-7100; www.ucollege.ilstu.edu/tutoring/ • Location: Vrooman 012 (between Manchester and Hewett dorms) COURSE INFORMATION Course Number, Title and Credit: Accounting 132, Managerial Accounting – 3 hrs credit Objective: This course is designed to introduce students to managerial accounting information, tools, and techniques available to assist them in managing a business as well as the preparation and analysis of cost accounting information. You will be able to understand, record, and analyze the operations of a firm under various conditions of cost application; understand the creation of various budgets and cash flow analysis of a business...
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...Assignment Three Problem One: The 31 May 2014 trial balance of Lee Childs, Chiropractor, Ltd is shown below. Lee Childs, CHIROPRACTOR, LTD Trial Balance as at 31 May 2014 Account Debit Credit Cash Accounts receivable Supplies Prepaid insurance Furniture and equipment Accounts payable Electricity account payable Unearned revenue Share Capital Dividends Services revenue Salary expense Electricity expense Rent expense $ 96 300 43 380 11 160 7 380 236 880 146 520 154 840 8 600 21 240 $ 8 820 8 600 2 640 286 240 420 000 $726 300 $726 300 The following transactions were completed during June: June 1 3 6 10 14 20 23 24 26 27 29 30 Purchased supplies on credit for $5230. Received $22 200 from patients as payment on account. Paid the electricity expense of $8600, previously recorded. Performed services for $2000 that was recorded previously as unearned revenue. Recorded revenue of $162 350 in cash and $12 450 on credit. Paid salaries of $73 200. Purchased furniture for $14 000 and paid by electronic transfer. Paid creditors $6400. Paid $80 000 in additional dividends. Purchased insurance policy for $4200 to cover business assets. Received $12 000 from patients as payment on account. Recorded revenue of $143 600 in cash and $21 000 on credit. Paid rent of $24 500. Required A. Prepare journal entries to...
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...University of Phoenix BSA/375 Fundamentals of Business Systems Development February 27, 2012 Didier S.D. Opotowsky Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Its products include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China. The company's research and development is done at the corporate headquarters in San Jose. Riordan's major customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers. (Riordan Manufacturing 2008) Describe the information-gathering techniques and design methods you would propose for the project you must first determine the needs of the company and technical resources. RM’s installed the current system back in 1992. There ERP system is vital to the Finance and Accounting System. With the number of employees and offices in various locations each has its own self-regulating finance and accounting system that is consolidated at headquarters in San Jose. The COO McCauley is in search of a particular incorporated application that utilize this day in time tools in the HR system. Requirements modeling...
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...Johnson Beverage Inc by keyson studymode.com Robert KennedyCollege Financial Management Number of the assignment: Final Assessment Name of the assignment: Johnson Beverage Inc Date: November 26th , 2009 Professor: David Duffill Table of contents - List of Exhibit Description Page Executive summary 1 Main report : Detailed problem analysis 2 - 4 References / Bibliography 5 Executive summary Johnson Beverage, Inc (JBI) owned and presided by Jack Johnson is a beverages distributer that serviced last year about 20 customers among which are four main local retailers: Saver Superstore, Oscar’s OddLots, Midwellen Supermarket and Downtown Retail. The company had been in business for two decades and had grown steadily over the past 10 to 20 years to secure a large market share in the local area. JBI distributes principally bottled sports drinks provided by small specialty beverage companies. The company’s discounts policy depends on customers and is based on a number of commercial factors. One of JBI’s best and most loyal customers for years, Saver Superstore, had been approached by a competitor and may want to negotiate a lower price for its product purchases. During a meeting held to address the situation Johnson’s accountant Jim Thomas presented a compiled report on customers profitability and profit margin where customer service costs are allocated to customers as a percentage of revenue. This analysis brought Johnson...
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...Assignment Time to submit: 1wk Q1. State the Bayes’ Theorem. Explain its importance. Insurance Company believes that people can be divided into two classes, accident prone and non-accident prone. Their statistics show that an accident prone person will have accident within a year with probability 0.4, whereas probability decreases to 0.2 for a non-accident prone person. If 30% of population is accident prone, what is the probability that a new policy holder will have an accident within one year of purchasing the policy? Suppose a new policy holder has an accident within one year, what is the probability that he or she is accident prone? Q2. Surveys by the Federal Deposit Insurance Corporation have shown that the life of a regular savings account maintained in one of its member banks is approximately normally distributed with average life of 24 months and standard deviation of 7.5 months. i) If a depositor opens an account at a bank that is a member of FDIC, what is the probability that there will still be money in the account after 28 months? ii) What is the probability that the account will have been closed before one year? Q3. From 2002 until 2007, the mean price/earnings ratio of approximately 1,800 stocks listed on Bombay Stock Exchange was 14.35, with a standard deviation of 9.73. In a sample of 30 randomly chosen BSE stocks, the mean P/E ratio in 2008 was 11.77. Does this sample present sufficient evidence to conclude (at the 0.05 level of significance)...
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...molding injection. The company headquarters office is in San Jose, California and has three other plants, including one international location. The list of locations includes Albany, Georgia, Pontiac, Michigan and Hangzhou, China. The San Jose, California, location serves as the company’s headquarters and the home of their research and development. The Albany, Georgia, plant produces beverage containers. The Pontiac, Michigan, location produces custom plastic parts. The international location in Hangzhou, China, produces custom plastic fan parts. Riordan employs 550 people and have projected annual earnings of $46 million. The purpose of this proposal, submitted by Smith Consulting, is to advise Riordan Manufacturing on the best practice to secure the company network after evaluating the company network and what steps are necessary to set forth enterprise security policies via segregating duties of employees by role assignments. Minimizing Risk The goal of any company should be to successfully minimize their risk and optimize their profitability. To accomplishing this progress is to examine their current network for shortfalls that allow security breaches, theft by client or employee and to minimized possible mistakes or human errors when data is being inputted to the systems. The first step to avoid and secure against security breaches is to ensure that employees have the access they need to complete their jobs. The most effective way to give proper access is by assigning their...
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...Operations Decision Walter Ivan Zapata Michael Olsher Managerial Economics 550 Strayer University West Palm Beach 11/16/13 1). briefly describe the details of the fictitious business that you created for this assignment The company I was hired for as a managing consultant, Press Body Nutrition is a privately owned company that currently makes the highest quality of protein powder for athletes pro level and none pro worldwide. At this moment, my client has produced 6,000 units of protein powder per month, and employs about 100 employees. The factory operates for 20 days a month for a typical 8 hour work day. Every Unit of protein powder that is producing the company gets $32 and has a variable cost of $2,000 per month. Employees at Press Body Nutrition currently make approximately $70 a day. 2). Assess the current environment scan factors. Determine the factors that are relevant to the decision making process determine the factors that will have the greatest impact on plant operations and management‘s decision to continue or discontinue operations. Provide rationale for your determination. Press Body Nutrition has many current environmental factors that will have great impact on plant operations and the management’s decision to continue or discontinue operations. Factors such as; Income and Employment, Price Levels are all factors that impact operations, Economic Growth and Development, Demand and Supply, and Marginal and Total Utility....
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... DIRT BIKES USA RUNNING CASE STUDY 1. What are the company’s goals and culture? Dirt Bikes USA is a small company headquartered in Carbondale, Colorado that manufactures and sells its own brand of off-road motorcycles. It was founded in 1991 to produce dirt bikes that could be customized for racing and off-road recreational riding using the best quality components and parts from all over the world. The company has continued to grow and now faces a new set of challenges and opportunities. 2. What products and services does Dirt Bikes USA provide? How many types of products and services are available to customers? How does Dirt Bike USA sell its products? Dirt Bikes’ founders realized that the most popular dirt bikes were foreign brands and wanted to capitalize on their proximity to the dirt bikes racing circuit and market in the United States. Carl and Steve hoped they could develop bikes that performed and looked better than the competition by using the best custom parts available. Dirt Bikes does not hesitate to use quality components from all over the world. The engines for Dirt Bikes are Rotax engines from Austria and tires are from Dunlop, but many of their parts, such as shock absorbers, front wheel forks, exhaust pipes, and headlights, are from the United States. Dirt Bikes makes its own frames, shaping them to give them the unique spirited style for which the company is noted. The company’s parts and service business accounts for about 15% of its total revenue...
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...ACCT 550 Week 8 Final Exam Click Link Below To Buy: http://hwaid.com/shop/acct-550-week-8-final-exam/ 1. (TCO A) Listed below are several information characteristics and accounting principles and assumptions. Each of these items is assigned a number. Match the number of each with the appropriate phrase that states its application. Note: Each answer may be used multiple times 2. (TCO B) Adjusting Entries: Minnie Smile, D.D.S. opened a dental practice on January 1, 201X. During the first month of operations the following transactions occurred: performed services for patients who had dental plan insurance. At January 31, $1,000 of such services was earned but not yet billed to the insurance companies. Salaries were incurred totaling $800 but not paid at month-end. Supplies totaling $600 were purchased on account. Prepare the adjusting entries on January 31 for a) service revenue, b) salaries expense, and c) supplies expense. Omit explanations. For each journal entry write Dr. for debit and Cr. for credit. 3. (TCO B) Adjusting Entries: Seymor Stars is the new owner of Night Computer Services. At the end of August 201X, his first month of ownership, Seymor is trying to prepare monthly financial statements. At August 31, Seymor owed his employees $2,900 in wages that will be paid on September 1. At the end of the month he had not yet received the month’s utility bill. Based on past experience, he estimated that the bill would be approximately $600. A telephone...
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