BUS/475 Sample Final Exam |Accounting | |Financial accounting | | |Conceptual foundations | | |Income statement and statement of retained | | |earnings | | |Balance sheet | | |Statement of cash flows | |Managerial accounting | | |Cost concepts
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can you say about the company’s liquidity position in 2013? 4. Calculate the 2013 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. 5. Calculate the 2013 debt ratio, liabilities-to-assets ratio, times-interest-earned, and EBITDA coverage ratios. What can you conclude from these ratios? 6. Calculate the 2013 profit margin, basic earning power (BEP), return on assets (ROA), and return on equity (ROE). What can you say about these
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Chapter 08 - Stock Valuation CHAPTER 8 STOCK VALUATION Answers to Concepts Review and Critical Thinking Questions 1. The value of any investment depends on the present value of its cash flows; i.e., what investors will actually receive. The cash flows from a share of stock are the dividends. Investors believe the company will eventually start paying dividends (or be sold to another company). In general, companies that need the cash will often forgo dividends since dividends are a cash expense
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capital, net cash flow from the sale of existing or old and non-useful equipment, and investment tax credits. * Net operating cash flow: This cash flow is the revenue net of expenses and tax liabilities for the time period under consideration. * Net salvage value: The net salvage value is the after tax net cash flow for the termination, liquidation or sale of an investment, project or business that is financially unsustainable or which
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could have used to boost accounting performance during the past years. Depreciation of fixtures, fittings & equipment Marks and Spencer’s depreciation policy for fixture, fittings & equipment is to depreciate the assets to their residual values over a period of 3 to 25 years. Although it may be difficult to evaluate whether the company’s useful life estimates are reasonable without more detailed information, the analyst can evaluate trends in depreciation expenses as a percentage of assets’
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After careful consideration and analysis of this case, I have determined that there is a way for the Craddock Cup to generate enough money annually for the Craddock Youth Soccer League to reach their field-acquisition goal. The first step would be to revise the overhead-expense allocations. Because Rivaldo is employed by CYSL full-time with a fixed salary, it would be benefitial for the tournament if none of it is allocated to the Craddock Cup. This is also true for the Rent and utilities
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6- 1 6- 2 Topics Covered Stocks and the Stock Market Book Values, Liquidation Values and Market Values Valuing Common Stocks Simplifying the Dividend Discount Model Growth Stocks and Income Stocks Market Efficiency (i.e., no free lunches on Wall Street) Market Anomalies and Behavioral Finance McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved Terminology of Stocks Public Common Stock - Ownership shares in a publicly held corporation. Primary
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Responsibility Centers & Financial Controls Abstract Deer Valley Lodge in Park City Utah has requested an evaluation on the profitability of a new series of ski lifts for its world-class ski facility. Present-value, pre-tax and post-tax calculations all indicate that the addition of new ski lifts will do well to improve lodge revenues both in the sale of lift tickets as well as overall sales of resort stays, shopping and restaurants. Deer Valley Resort is an over 2,000 acre upscale ski
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Chapter 3 The Time Value of Money Solutions to Questions 1. A rate of return is the ratio of net cash inflows to net cash outflows produced by a financial contract. It is often expressed as a percentage. The ‘financial contract’ involved may be, for example, an investment in shares, land or bonds. An interest rate is a rate of return produced by debt of one form or another. Thus, an interest rate is one type of rate of return. Simple interest is a method of calculating interest in which the interest
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Cost Approach Formula: Cs – Ds + Vsl = V Value: An object, product or service that: has utility or usefulness, Is scarce, Is desired by people (is in demand),Is transferable from one person to anotherLand Appraisal Methods: Market or Direct Sales Comparison, Allocation, Abstraction, Development, Land Residual Which Method to Use? 1)Market Method is considered most reliable, but not practical if lot sales are not occurring in a neighborhood.(2)Allocation Method is quick and easy, but only
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