...FIN 534 - Quiz 2 - Scribd www.scribd.com/doc/177695511/FIN-534-Quiz-2 Jan 25, 2014 - Lucy's Music Emporium opened its doors on January 1, 2012, and it was granted permission to use the same depreciation calculations for shareholder reporting and income tax purposes. The company planned to depreciate its fixed assets over 20 years, but in December 2012 management realized that ... FIN 534 Quiz 2 - Scribd www.scribd.com/doc/203725602/FIN-534-Quiz-2 Jan 31, 2014 - Interest paid to an individual is counted as income for tax purposes and taxed at the ... and it was granted permission to use the same depreciation calculations for shareholder ... 7) Lucy's Music Emporium opened its doors on January 1. ... The company planned to depreciate its fixed assets over 20 years. FIN 534 - HomeWorkFox.com homeworkfox.com/questions/business/23138/fin-534/ Since depreciation is a source of funds, the more depreciation a company .... Lucy's Music Emporium opened its doors on January 1, 2012, and it was ... the same depreciation calculations for shareholder reporting and income tax ... The company planned to depreciate its fixed assets over 20 years, but in December 2012 ... Finance Chapter 1-5, 7-10 flashcards | Quizlet quizlet.com/21417496/finance-chapter-1-5-7-10-flash-cards/ Quizlet In any type of partnership, every partner has the same rights, privileges, and liability ... Sole proprietorships and partnerships generally have a tax advantage over ... Corporations of all types...
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...December 12, 1973 in Chicago Illinois He was born December 12, 1973 in Chicago Illinois. He was the eldest son of three sons to Taiwanese family who immigrated to the United States. He spent his childhood Marin county, California. He went to Harvard. Graduated from Harvard University in 1995, with a bachelor’s degree in computer science. During 1994-1995, he started pizza business and started sell in the university dormitory After graduation, he worked for a Oracle Software company only for a year (1995-1996). Cofounded Link Exchange in 1996 He cofounded LinkExchange with his Harvard roommate Shanjay Madan. It was an Internet advertising company Sold LinkExchange $265 billion to Microsoft.. The reason he sold the company was he did not enjoy coming to the work anymore. Joined Zappos 1999 He joined Zappos as an investor and advisor. Swinmurn who founded Zappos, left the company in 2006. Hsieh became a CEO until today.Became CEO 2006 They had hard time and were edge of the bankruptcy too but they still were investing the customer service. The culture-we was unable to rise funding so we weren't able to spend a lot of money on expensive marketing campaigns. As a result, we were forced to focus more on our existing customers. What we found was that the more we invested into customer service and the customer experience, the more loyal they were, and the more we grew from word of mouth. For our own customers, we've noticed many of them migrating to less expensive brands, but they're...
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...1. Three $1,000 face value bonds that mature in 10 years have the same level of risk, hence their YTMs are equal. Bond A has an 8% annual coupon, Bond B has a 10% annual coupon, and Bond C has a 12% annual coupon. Bond B sells at par. Assuming interest rates remain constant For the next 10 years, which of the following statements is CORRECT? a. Bond A’s current yield will increase each year. b. Since the bonds have the same YTM, they should all have the same price, and since interest rates are not expected to change, their prices should all remain at their current levels until maturity. c. Bond C sells at a premium (its price is greater than par), and its price is expected to increase over the next year. d. Bond A sells at a discount (its price is less than par), and its price is expected to increase over the next year. e. Over the next year, Bond A’s price is expected to decrease, Bond B’s price is expected to stay the same, and Bond C’s price is expected to increase. ANSWER: D Discount because As' return is lower than the one demanded by market. Price will increase because the smaller YTM the smaller discount (or bigger premium) for difference in bonds' and market returns 2. Which of the following statements is CORRECT? a. Two bonds have the same maturity and the same coupon rate. However, one is callable and the other is not. The difference in prices between the bonds will be greater if the current market interest...
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...Chapter 3 Mini Case (pages 118 -120) A. Ratios allow you to compare a firm’s performance with that of other firms in the same industry and evaluate trends in the firm’s financial position over time. Ratios are used by managers to identify situations needing attention; potential lenders use them to determine whether a company is creditworthy; and stockholders use ratios to help predict future earnings, dividends, and free cash flow. B. Current ratio = ($2,680,112 / $1,039,800) = 2.58 Quick ratio = (($2,680,112 - $1,716,480)/$1,039,800) = 0.93 The company’s current and quick ratios decreased from 2009 to 2010 but the largest in 2011. The current and quick ratios for 2011 are below the industry average. I believe each type of analyst has interest in these liquidity ratios but each have a different reasoning for each of them. C. Inventory Turnover = ($7,035,600 / $1,716,480) = 4.10 DSO = (($878,000 / ($7,035,600/365)) = 45.55 Fixed assets turnover = ($7,035,600 / $836,840) = 8.41 Total assets turnover = ($7,035,600 / $3,516,952) = 2.0 The company’s inventory turnover has declined each year and is below the industry average. The company’s DSO has been steadily increasing over the years and is above the industry average. The company’s fixed assets turnover decreased from 2009 to 2010 but increased from 2010. The fixed assets turnover is also above the industry average. Lastly, the total assets turnover decreased from 2009 to 2010 but stayed the same from 2010...
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...Финансовый анализ основных результатов деятельности HEWLETT-PACKARD Компания Hewlett-Packard финансовых исследований Исследования Отчет о финансовой Hewlett-Packard Co., Consolidated Statement of Financial Position, Assets USD $ in millions | | Oct 31, 2013 | | Oct 31, 2012 | | Oct 31, 2011 | | Oct 31, 2010 | | Oct 31, 2009 | | Oct 31, 2008 | | | Cash and cash equivalents | 12,163 | | 11,301 | | 8,043 | | 10,929 | | 13,279 | | 10,153 | | | Short-term investments | – | | – | | – | | 5 | | 55 | | 93 | | | Accounts receivable | 15,876 | | 16,407 | | 18,224 | | 18,481 | | 16,537 | | 16,928 | | | Financing receivables | 3,144 | | 3,252 | | 3,162 | | 2,986 | | 2,675 | | 2,314 | | | Inventory | 6,046 | | 6,317 | | 7,490 | | 6,466 | | 6,128 | | 7,879 | | | Deferred tax assets, short-term | 3,893 | | 3,783 | | 5,374 | | 5,833 | | 4,979 | | 3,920 | | | Value-added taxes receivable from various governments | 2,425 | | 3,298 | | 2,480 | | 3,366 | | 2,650 | | 3,115 | | | Supplier and other receivables | 2,579 | | 2,549 | | 2,762 | | 2,737 | | 3,439 | | 3,082 | | | Prepaid and other current assets | 4,238 | | 3,730 | | 3,486 | | 3,381 | | 2,797 | | 4,244 | | | Other current assets | 13,135 | | 13,360 | | 14,102 | | 15,317 | | 13,865 | | 14,361 | | | Current assets | 50,364 | | 50,637 | | 51,021 | | 54,184 | | 52,539 |...
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...Financial Research Report Introduction For investors and business owners, financial analysis poses significant importance as it evaluates the company’s performance in measureable aspects. In financial analyses financial ratios are considered important in analyzing the position of the company. It analyzes important areas of the business performance such as liquidity ratios, debt ratio, and profitability of the business. This report aims on financial performance of U.S. based company named Rockwell Collins Inc. This report analyzes the financial performance of the company. Discussion Rockwell Collins Inc. Base of the Rockwell Collins is with Collins radio since 1933. After 1933, Collins Radio Company expanded its business, and starts serving other areas by expanding it technology scope. New technological developments such as flight control devices, radio communication equipments and voice transmission satellite created market opportunity for Collins Radio Company. In 1973, Rockwell international acquired Collins Radio Company due to company financial difficulties. In June 2001, Rockwell Collins inc. was listed on the stock exchange under the symbol “COL”. Now, Rockwell Collins is in business of electronic communications, entertainment systems in flight and avionic for its various worldwide customers. Company is serving government, military and commercial customers (Rockwell Collins Inc, 2013a). Today approximately every aircraft in the world is Rockwell Collins aviation...
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...Week 1 to Week 11 Download Answer Below http://workbank247.com/q/fin-534-complete-course-week-1-to-week-11-discussi/7837 FIN534 Week 1 Discussion * From the e-Activity, examine ethical behavior within firms in relation to financial management. Provide two (2) examples of companies that have been guilty of ethics-based malfeasance related to financial management and determine why their comeuppance was deserved. * From the scenario, recommend two (2) actions that Trevose Fitness Center (TFC) could take in order to raise capital that will, in turn, enable it to reach its expansion goals. Defend your response. Support your recommendation with two (2) real-world examples of successful implementations of these actions. Download Answer Here http://workbank247.com/q/fin534-week-1-discussion/7817 FIN534 Week 2 Discussion "Financial Statement, Cash Flow, and Taxes" Please respond to the following: Analyze the importance and impact of financial managers being able to understand financial statements. Provide the rationale behind your analysis. Imagine that you are starting a business. Determine the tax considerations that might result in you setting the business up as a proprietorship or a partnership, rather than a corporation. Provide a rationale for your decision. Download Answer Here http://workbank247.com/q/fin534-week-2-discussion/7818 FIN534 Week 2 Homework Set 1 Directions: Answer the following questions on a separate document. Explain how you reached the answer...
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...Diversification in Stock Portfolios Problem Introduction ,There are several areas can be considered when understanding the risk of an investment. In this exercise, as a risk-averse investor, each of the expected rate of return and volatility of the stock for both of the economies is the same. However, for economy number one, all the stocks move together. For economy number two, the stock returns are independent of each other. Which is the best investment? Economy One In the first economy, all stock move together, up and down as the market does. Our textbook refers to this type of economy as systematic risk. This can also be called “undiversifiable, or market risk.” (Berk, 303) This type of economy is affected by the volatility of the marketplace, and any world and nation events that can occur, to drive the price of stocks up and down. In good economic times, in which housing is booming, a good job market, and retail has received good sales for this investment period, the outcome of your investment in this economy would be considerably well. In which all stock performed to their capability, and a high rate of return is expected. This is due there were no affects on the performance of the stock from the outside to drive the price down. In the second economy option for the investor to invest in, this economy offers the same rates of return as the first economy. The examples of 30% and -15% expected rates of returns are...
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...10-20. Consider the following two, completely separate, economies. The expected return and volatility of all stocks in both economies is the same. In the first economy, all stocks move together—in good times all prices rise together and in bad times they all fall together. In the second economy, stock returns are independent—one stock increasing in price has no effect on the prices of other stocks. Assuming you are risk-averse and you could choose one of the two economies in which to invest, which one would you choose? Explain. Averse, reluctant, disinclined, loath, indisposed, unenthusiastic, (A) inclined, (อะเวิร์ส') adj. คัดค้าน,ไม่ชอบ,รังเกียจ,ไม่ยินยอม,ไม่สมัครใจ,หันไปด้านตรงกันข้ามกับต้น , S. opposed, hostile [adj.] ซึ่งไม่ชอบ ความหมายอื่น : ซึ่งรังเกียจ, ซึ่งคัดค้าน คำตรงกันข้าม : agreeable คำความหมายเดียวกัน : unfavorable [adj.] ไม่ถูกใจ,ไม่ชอบใจ,เกลียด,รังเกียจ,ไม่สมัครใจ Investopedia explains Risk Averse A risk-averse investor dislikes risk, and therefore will stay away from adding high-risk stocks or investments to their portfolio and in turn will often lose out on higher rates of return. Investors looking for "safer" investments will generally stick to index funds and government bonds, which generally have lower returns. A risk-averse investor would choose the economy in which stock returns are independent because this risk can be diversified away in a large portfolio. The second economy. To be risk averse, you have to reduce your investment...
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...Financial Research Report Thomas C. Page Bassam Ali Hamdan Fin534 March 7, 2016 When reviewing some of the best performing stocks in the business world, they all have one thing in common – a tremendous brand. A company with a strong brand name like McDonald’s Corporation means a lot in the retail sector and investing in a highly-admired brand that offers an easy-to-understand, fairly straightforward company is a good business decision. Not only is McDonald’s a popular brand name, but it has a list of statistics to support its popularity. It has been ranked as the most recognized fast food restaurant internationally and is one of the top three American brands. According to the Forbes List, McDonald’s is the sixth World’s Most Valuable Brand. It is number 207 in the Global 2000, and is listed as number 345 in sales, number 124 in profit, number 702 in assets and number 87 in market value in the world. As of May 2015, its market cap was 92.5 billion and its ticker, “McD”, was $117.48. Some more detailed information follows(Forbes, 2012): Industry: Restaurant Country: United States Founded: 1955 Chief Executive Officer: Stephen Easterbrook Website: http://www.mcdonalds.com Employees: 420,000 Sales: $27.44 billion; Assets: $34.23 billion; Profits: $4.76 billion Headquarters: Oakbrook, Illinois The company was founded by Ray Kroc on April 15, 1955 and now operates internationally in Europe, Asia, the Pacific, Africa, and...
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...Free eChapters (FALL 2012) eChapters offer students immediate access to the first few chapters of their textbooks while they are waiting for the print book to arrive. eChapters help students to keep up with required reading and assignments until they receive their course material, without having to pay expedited shipping costs. eChapters that are available from the publisher are attainable free of charge. How do students gain access to free eChapters? Not all courses or textbooks have eChapters available. For all courses where eChapters are available, the files are located in the student’s Blackboard course shell under the Student Center. Below is a list of courses with eChapters loaded into the course shells, giving students free access as of the first day of classes. * = eChapters are forthcoming Course ID ACC100 ACC206 ACC303 ACC304 ACC305 ACC306 Text Title Accounting Principles – 9th edition Accounting Principles – 9th edition Intermediate Accounting 14e Intermediate Accounting 14e Intermediate Accounting 14e Microcomputer Applications for Accounting Excel 2010 Microsoft® Excel 2010: A Case Approach, Complete, 1st Edition, copyright 2011 SOUTH WESTERN FEDERAL TAXATION 2012: COMPREHENSIVE, 36th ed. South-Western Federal Taxation 2013: Corporations, Partnerships, Estates and Trusts, 36th Edition Cost Accounting 13th 09 ed. Advanced Accounting 4th 10th ed. Auditing & Assurance Services 13th 10 ed. Core Concepts of Government and Not for Profit Accounting 2nd ed., 2011 ed ACC...
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