Homework Answers
For answer to question 9.Option is C.
EV = market value of common stock + market value of preferred equity + market value of debt + minority interest - cash and investments
For answer to question 8.option is E
For answers to question 6 and 7 will be in the
image.depreciation calculation s
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6. Omega plc purchased a piece of equipment at a cost of £125,000. It is expected...
There have four questions！ 6. Omega plc purchased a piece of equipment at a cost of...
There have four questions！
6. Omega plc purchased a piece of equipment at a cost of £125,000. It is expected to have a useful economic life of 5 years and a scrap value of £25,000 at the end of its life. Omega uses straight line depreciation and a full year of depreciation is charged in the year of purchase. What would be the annual depreciation charge and the net book value (NBV) of the equipment at the end of the...
1. Which of the following would not be classified as a current liability in the balance...
1. Which of the following would not be classified as a current liability in the balance sheet? (a) accounts payable (b) accounts receivable (c) accruals (d) tax payable (e) bank overdraft 2. Which of the following items should be classed as capital expenditure? (a) (b) (c) (d) (e) software maintenance depreciation of equipment research expenses purchase of an automobile interest paid on a loan to purchase inventory 3. Afirm sells goods on credit. The effect will be to (a) (b)...
There have nine questions. Plz！ 1 Which of the following would not be classified as a...
There have nine questions. Plz！
1 Which of the following would not be classified as a current liability in the balance sheet? (a) accounts payable (b) accounts receivable (c) accrued expenses (d) unerned income (e) bank overdraft 2. Which of the following items should be classed as capital expenditure? (a) (b) (c) (d) (e) software maintenance depreciation of equipment purchase of raw materials purchase of an automobile capitalisation of interest 3. A firm sells goods on credit. The effect will...
1 Which of the following would not be classified as a current liability in the balance...
1 Which of the following would not be classified as a current liability in the balance sheet? (a) accounts payable (b) accounts receivable (c) accrued expenses (d) unerned income (e) bank overdraft 2. Which of the following items should be classed as capital expenditure? (a) (b) (c) (d) (e) software maintenance depreciation of equipment purchase of raw materials purchase of an automobile capitalisation of interest 3. A firm sells goods on credit. The effect will be to: (a) (b) (c)...
Focus Inc. is considering the acquisition of a new piece of equipment. The machine's price is...
Focus Inc. is considering the acquisition of a new piece of equipment. The machine's price is $750.000. In addition, installation and transportation costs would be $60.000 and it would require $15,000 in spare parts thus increasing the firm's net working capital by that amount. The system falls into the MACRS 3-year class (depreciation rates of 33%, 45%, 15%, and 7%). The current machine it would replace could be sold for $85,000 and currently is being earried on the books for...
ABC purchased equipment for $60,000 on January 1, 2018. The equipment is expected to have a...
ABC purchased equipment for $60,000 on January 1, 2018. The equipment is expected to have a five-year life, with a residual value of $5,000 at the end of five years. Using the straight-line method, depreciation expense for 2018 would be: A) $60,000. B) $11,000. C) $12,000. D) None of these. ABC reports income tax expense of $800,000. Income tax payable at the beginning and end of the year are $50,000 and $70,000, respectively. What is the amount of cash paid...
Exercise: 4 Cost The following data for a small delivery truck purchased by Barb's Florists on...
Exercise: 4 Cost The following data for a small delivery truck purchased by Barb's Florists on January 1, 2005. $13,000. Expected salvage value $1000. Estimated useful life(years) Estimated useful life(miles) 100,000 Miles driven: Y1 15,000 miles, Y2 30,000 miles, Y3 20,000 miles, Y4 25,000, Y5 10,000 Instructions: Calculate depreciation expenses for first year, and prepare the depreciation schedule for the estimated useful life using units of activity method. Depreciation schedule: Annual = depreciation Accumulated depreciation **Book value = Year Units...
Question 29 (1 point) In January 2018, Vega Corporation purchased a patent at a cost of...
Question 29 (1 point) In January 2018, Vega Corporation purchased a patent at a cost of $200.000. Legal and filing fees of $50,000 were paid to acquire the patent. The company estimated a 10-year useful life for the patent and uses the straight-line amortization method for all intangible assets. In January, 2021, Vega spent $40,000 in legal fees for an unsuccessful defense of the patent and the patent is no longer usable. The amount charged to income (expense and loss)...
Cutter Enterprises purchased equipment for $48,000 on January 1, 2018. The equipment is expected to have...
Cutter Enterprises purchased equipment for $48,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of $3,600. Using the double-declining balance method, depreciation for 2018 and the book value at December 31, 2018, would be: A.$17,760 and $26,640 respectively. B.$19,200 and $28,800 respectively. C. $19,200 and $25,200 respectively. D.$17,760 and $30,240 respectively.
Growth Company's current share price is $ 20.25 and it is expected to pay a $...
Growth Company's current share price is $ 20.25 and it is
expected to pay a $ 0.95 dividend per share next year. After that,
the firm's dividends are expected to grow at a rate of 3.9 % per
year.
Growth Company's current share price is $20.25 and it is expected to pay a $0.95 d dend per share next year. After that the firm's d dends are expected to row at a rate of 39% per year. a. What is...
There have four questions！
6. Omega plc purchased a piece of equipment at a cost of £125,000. It is expected to have a useful economic life of 5 years and a scrap value of £25,000 at the end of its life. Omega uses straight line depreciation and a full year of depreciation is charged in the year of purchase. What would be the annual depreciation charge and the net book value (NBV) of the equipment at the end of the...
1. Which of the following would not be classified as a current liability in the balance sheet? (a) accounts payable (b) accounts receivable (c) accruals (d) tax payable (e) bank overdraft 2. Which of the following items should be classed as capital expenditure? (a) (b) (c) (d) (e) software maintenance depreciation of equipment research expenses purchase of an automobile interest paid on a loan to purchase inventory 3. Afirm sells goods on credit. The effect will be to (a) (b)...
There have nine questions. Plz！
1 Which of the following would not be classified as a current liability in the balance sheet? (a) accounts payable (b) accounts receivable (c) accrued expenses (d) unerned income (e) bank overdraft 2. Which of the following items should be classed as capital expenditure? (a) (b) (c) (d) (e) software maintenance depreciation of equipment purchase of raw materials purchase of an automobile capitalisation of interest 3. A firm sells goods on credit. The effect will...
1 Which of the following would not be classified as a current liability in the balance sheet? (a) accounts payable (b) accounts receivable (c) accrued expenses (d) unerned income (e) bank overdraft 2. Which of the following items should be classed as capital expenditure? (a) (b) (c) (d) (e) software maintenance depreciation of equipment purchase of raw materials purchase of an automobile capitalisation of interest 3. A firm sells goods on credit. The effect will be to: (a) (b) (c)...
Focus Inc. is considering the acquisition of a new piece of equipment. The machine's price is $750.000. In addition, installation and transportation costs would be $60.000 and it would require $15,000 in spare parts thus increasing the firm's net working capital by that amount. The system falls into the MACRS 3-year class (depreciation rates of 33%, 45%, 15%, and 7%). The current machine it would replace could be sold for $85,000 and currently is being earried on the books for...
Exercise: 4 Cost The following data for a small delivery truck purchased by Barb's Florists on January 1, 2005. $13,000. Expected salvage value $1000. Estimated useful life(years) Estimated useful life(miles) 100,000 Miles driven: Y1 15,000 miles, Y2 30,000 miles, Y3 20,000 miles, Y4 25,000, Y5 10,000 Instructions: Calculate depreciation expenses for first year, and prepare the depreciation schedule for the estimated useful life using units of activity method. Depreciation schedule: Annual = depreciation Accumulated depreciation **Book value = Year Units...
Question 29 (1 point) In January 2018, Vega Corporation purchased a patent at a cost of $200.000. Legal and filing fees of $50,000 were paid to acquire the patent. The company estimated a 10-year useful life for the patent and uses the straight-line amortization method for all intangible assets. In January, 2021, Vega spent $40,000 in legal fees for an unsuccessful defense of the patent and the patent is no longer usable. The amount charged to income (expense and loss)...
Growth Company's current share price is $ 20.25 and it is
expected to pay a $ 0.95 dividend per share next year. After that,
the firm's dividends are expected to grow at a rate of 3.9 % per
year.
Growth Company's current share price is $20.25 and it is expected to pay a $0.95 d dend per share next year. After that the firm's d dends are expected to row at a rate of 39% per year. a. What is...
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