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You are the financial planner for Johnson Controls. Assume last
year’s profits were $710,000. The board of directors decided to
forgo dividends to stockholders and retire high-interest
outstanding bonds that were issued 5 years ago at a face value of
$1,330,000. You have been asked to invest the profits in a bank.
The board must know how much money you will need from the profits
earned to retire the bonds in 10 years. Bank A pays 6% compounded
quarterly, and...
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you are the financial planner for Johnson Controls. Assume
last year's profits were$750,000. The Board of Directors decided to
forgo dividends to stockholders and retire high interest
outstanding balance that were issued for years ago at a face value
of $1,410,000. You have been asked to invest the profits in a bank.
The board must know how much money you will need from the profit
earned to return the bonds in eight years. Bank A pays 8%
compounded quarterly, Bank...
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you are the financial planner for Johnson controls. assume
last years profit were 888,000.
You are the financial planner for Johnson Controls. Assume last year's profits were $880,000. The board of directors decided to forgo dividends to stockholders and retire high-interest outstanding bonds that were issued 6 years ago at a face value of $1,490,000. You have been asked to invest the profits in a bank. The board must know how much money you will need from the profits eamed...
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zoom picture please
table 1table 2
You are the financial planner for Johnson Controls. Assume last year's profits were $720,000. The board of directors decided to forgo dividends to stockholders and retire high-interest outstanding bonds that were issued 6 years ago at a face value of $1,340,000. You have been asked to invest the profits in a bank. The board must know how much money you will need from the profits earned to retire the bonds in 10 years. Bank...
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Jack and Lewis have been in partnership for some years sharing profits and losses equally. They had no partnership agreement. Their statement of financial position at 30 September 2015 showed the following information. Non-current assets Net current assets 230 000 60 000 290 000 Capital accounts Jack Lewis 200 000 70 000 270 000 Current accounts Jack Lewis Opening balance Share of profit Drawings Closing balance 31 000 15 000 (21 000) 25 000 17 000 15 000 (37 000)...
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Assume that you recently graduated and landed a job as a financial planner with Cicero Services, an investment advisory company. Your first client recently inherited some assets and has asked you to evaluate them. The client has $2 million invested in the stock of Blandy, Inc., a company that produces meat-and-potatoes frozen dinners. Blandy's slogan is "Solid food for shaky times." Unfortunately, Congress and the president are engaged in an acrimonious dispute over the budget and the debt ceiling. The...
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Question 3 (10 points) I. What were the bid price, asked price, and yield to maturity of the 5.125% June 30th. 201 1 Treasury bond displayed in Figure below? 2. What was its asked price the previous day? 3. If 30 days have passed since the last coupon payment, what is the sale, or invoice, price of the bond? U.S. Government Bonds and Notes ASK MATURITY COUPON BID ASKED CHG YLD Jun 30 1 5.125 107:11 01 2 0.7792 Jul...
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can you please show me how to arrive at the right
answers. thanks so much
Ursus, Inc., is considering a project that would have a five-year life and would require a $2,400,000 investment in equipment. At the end of five years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows (Ignore income taxes.): $3,500,000 2,100,000 1,400,000 Sales Variable expenses Contribution margin Fixed expenses: Fixed out-of-pocket cash...
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Assume you are analyzing a time series of 12 observations. Using a 3-period moving average, you successfully calculate the Mean Absolute Error (MAE), Mean Square Error (MSE), and Mean Absolute Percentage Error (MAPE) for each forecasted time period. You then sum the error calculations for each time period for each of the three error calculation techniques respectively. You end up with: MAE 53.5, MSE 547.25, and MAPE 44.15%. To complete your error calculation and compare the accuracy of the 3-period...
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QUESTION 4 PARTNERSHIPS [20 MARKS REQUIRED Use the information provided below to prepare the Statement of Changes in Equity for the year ended 30 June 2014. Use the following format STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2014 Fuji Film Total Capital Accounts Balance at 30 June 2013 ges in capita Balance at 30 June 2014 Total Current Accounts Fuji Film ance at 30 June 2013 Net profit for the year Interest on Capital Bonus Profit...
you are the financial planner for Johnson Controls. Assume
last year's profits were$750,000. The Board of Directors decided to
forgo dividends to stockholders and retire high interest
outstanding balance that were issued for years ago at a face value
of $1,410,000. You have been asked to invest the profits in a bank.
The board must know how much money you will need from the profit
earned to return the bonds in eight years. Bank A pays 8%
compounded quarterly, Bank...
you are the financial planner for Johnson controls. assume
last years profit were 888,000.
You are the financial planner for Johnson Controls. Assume last year's profits were $880,000. The board of directors decided to forgo dividends to stockholders and retire high-interest outstanding bonds that were issued 6 years ago at a face value of $1,490,000. You have been asked to invest the profits in a bank. The board must know how much money you will need from the profits eamed...
zoom picture please
table 1table 2
You are the financial planner for Johnson Controls. Assume last year's profits were $720,000. The board of directors decided to forgo dividends to stockholders and retire high-interest outstanding bonds that were issued 6 years ago at a face value of $1,340,000. You have been asked to invest the profits in a bank. The board must know how much money you will need from the profits earned to retire the bonds in 10 years. Bank...
Jack and Lewis have been in partnership for some years sharing profits and losses equally. They had no partnership agreement. Their statement of financial position at 30 September 2015 showed the following information. Non-current assets Net current assets 230 000 60 000 290 000 Capital accounts Jack Lewis 200 000 70 000 270 000 Current accounts Jack Lewis Opening balance Share of profit Drawings Closing balance 31 000 15 000 (21 000) 25 000 17 000 15 000 (37 000)...
Assume that you recently graduated and landed a job as a financial planner with Cicero Services, an investment advisory company. Your first client recently inherited some assets and has asked you to evaluate them. The client has $2 million invested in the stock of Blandy, Inc., a company that produces meat-and-potatoes frozen dinners. Blandy's slogan is "Solid food for shaky times." Unfortunately, Congress and the president are engaged in an acrimonious dispute over the budget and the debt ceiling. The...
Question 3 (10 points) I. What were the bid price, asked price, and yield to maturity of the 5.125% June 30th. 201 1 Treasury bond displayed in Figure below? 2. What was its asked price the previous day? 3. If 30 days have passed since the last coupon payment, what is the sale, or invoice, price of the bond? U.S. Government Bonds and Notes ASK MATURITY COUPON BID ASKED CHG YLD Jun 30 1 5.125 107:11 01 2 0.7792 Jul...
can you please show me how to arrive at the right
answers. thanks so much
Ursus, Inc., is considering a project that would have a five-year life and would require a $2,400,000 investment in equipment. At the end of five years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows (Ignore income taxes.): $3,500,000 2,100,000 1,400,000 Sales Variable expenses Contribution margin Fixed expenses: Fixed out-of-pocket cash...
Assume you are analyzing a time series of 12 observations. Using a 3-period moving average, you successfully calculate the Mean Absolute Error (MAE), Mean Square Error (MSE), and Mean Absolute Percentage Error (MAPE) for each forecasted time period. You then sum the error calculations for each time period for each of the three error calculation techniques respectively. You end up with: MAE 53.5, MSE 547.25, and MAPE 44.15%. To complete your error calculation and compare the accuracy of the 3-period...
QUESTION 4 PARTNERSHIPS [20 MARKS REQUIRED Use the information provided below to prepare the Statement of Changes in Equity for the year ended 30 June 2014. Use the following format STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2014 Fuji Film Total Capital Accounts Balance at 30 June 2013 ges in capita Balance at 30 June 2014 Total Current Accounts Fuji Film ance at 30 June 2013 Net profit for the year Interest on Capital Bonus Profit...