common stock in 2008. e. The firm had negative net income in 2008. Answer: c 2. On its 12/31/08 balance sheet, Barnes Inc showed $510 million of retained earnings, and exactly that same amount was shown the following year. Assuming that no earnings restatements were issued, which of the following statements is CORRECT? a. If the company lost money in 2008, it must have paid dividends. b. The company must have had zero net income in 2008. c. The company must have paid out half
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Valuation Related to Mergers and Acquisitions The methods of valuation related to mergers and acquisitions can be broadly categorized into three types, namely market based method, income based method, as well as asset based method. All these methods carry a significant degree of importance in the context of mergers and acquisitions. There are numerous elements, which ascertain whether a particular firm should be acquired or not. The financial steadiness of the firm, which is to be taken over is
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Types of incomes 7. Active income is income derived from the direct efforts of the individual, such as wages, salaries, Commissions, tips, etc. Passive income is income from passive activities, such as income from the operation of a limited partnership in which an investor is a limited partner. Portfolio income is income from stocks, bonds, annuities, and royalties not derived in the ordinary course of a business. Dividends, interest, and the sale of stocks, bonds, etc., are portfolio income items
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interpreted the figures listed in the report and have offered remedies to improve their budget performance. This is their income report: Income Actual Budget Variance TAFE Restaurant $233,278 $205,000 $ 28,278 TAFE Bar $ 36,500 $ 51,300 $ (14,800) Island Coffee Shop $ 14,000 $ 18,500 $ (4,500) Room Service $ 1,840 $ 4,450 $ (2,610) Total Income $285,618 $279,250 $ 6,368 Based on this report, we can tell that a certain area of the resort has exceeded the
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Individual Assignment #8 Requirement 1) – Using the information provided, develop an expectation for ticket revenue for the 2011 fiscal year. * The expectation for ticket revenue for the 2011 fiscal year is calculated as following. Firstly, the information from the case can be used to calculate proportioned attendance. Proportioned attendance in weekdays and on weekends should take the 25% weekend effects and the 10% promotion effects into considerations, because they are the key indicators
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2. During its first year of operations, the SubRay Corporation produced the following income statement results: Net Sales $300,000 Cost of Goods Sold -180,000 Gross Profit 120,000 General & Administrative -60,000 Marketing expenses -60,000 Depreciation -20,000 EBIT -20,000 Interest expenses -10,000 Earnings before taxes -30,000 Income taxes -0 Net earnings (loss) $-30,000 Costs of goods
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Procter and Gamble Company Renee Keith Principles of Economics I Procter and Gamble Company, also known as P&G, is recognized as the world’s largest producer and distributor of household and personal products. It provides branded packaged goods to its consumers around the world. P&G’s headquarters is located in Downtown Cincinnati, Ohio and was founded by William Procter and James Gamble in October 31, 1837, 177 years ago. The company's products include foods, beverages, cleaning
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FIFO > LIFO | COGS | ↓ | ↑ | FIFO < LIFO | Income tax | ↑ | ↓ | FIFO > LIFO | Net income | ↑ | ↓ | FIFO > LIFO | Current ratio | ↑ | ↓ | FIFO > LIFO | Return on investment | ↑ | ↓ | FIFO > LIFO | 2. (a)What factors should the management of Example Corporation in this case consider when deciding whether to switch from LIFO to FIFO at the beginning of Year 2? (b) Would this change impact the balance sheet or income statement in a material way? Why or why not? Answer:
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White | Southeast | Southeast | Pacific "West Coast" | Higher income (75k+) | Low and high income | 75K+ | Single, separated | Single, separated | Single | | | | * Using demographic describe the best target market for Crest 3D Whitestrips. The best target market for Crest 3D Whitestrips is: Female 18-24 College Oriented Sales, Health Care, Manager, Legal White Pacific "West Coast" 75K+ Income Single * What value does the Crest 3D 2 Hour Express tap
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artists to publish updates and new albums● Technical limits can cause large scale revenue and reputation loss : Spotify recorded an operating loss of €165.1m (£119m) in 2014 compared to €91.2m (£65.7m) in 2013,● Depend on mass advertising for income (revenue generated by advertissing split 30/70)● Persistence on premium subscriptions for full mobile services and access to files limits its appeal to consumers used to accessing free music : have to pay £10 a month to be able to use it, which some
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