12.The cost of reforestation of a tract of land is $20,000. The future value of the...
Knapsack problem. From the following list of potential projects, use Excel solver to find the optimal allocation of your budget of $1,000,000 to maximize profit. Select the projects that you will select and attach your answer report. Project ID Cost Expected profit Check selected 1 $400,000 $1,000,000 2 $50,000 $400,000 3 $300,000 $800,000 4 $150,000 $300,000 5 $400,000 $600,000 6 $600,000 $2,000,000 7 $200,000 $300,000 8 $250,000 $700,000 9 $100,000 $300,000 10 $100,000 $300,000 11 $250,000 $100,000 12 $350,000 $700,000...
January 1, Year 1, Cougar Corporation exchanged machinery for a six-acre tract of land with Ellis Corporation. The machinery has a book value of $2 million and a fair value of $2.2 million. Cougar also wrote a $500,000 non-interest bearing one year note payable on December 31, Year 1, to Ellis Corporation to make the transaction go through. Assume the exchange has commercial substance . Also assume similar loans bear a 12% interest. (For one year, FV of $1 at...
On January 1, 2017, Bobcat Company sold 12% bonds having a face value of $300,000 to yield 10% market rate. The bonds are dated January 1, 2017 and mature January 1, 2022 (5 year term), with interest payable quarterly (April 1, July 1, October 1, and January 1) each year. Instructions Prepare complete bond amortization schedules for Bobcat using the Excel templates on the following tabs. Tab 1: Assume Bobcat allocates interest and unamortized discount or premium on the EFFECTIVE-INTEREST...
In January 2017, Mitzu Co. pays $2,750,000 for a tract of land with two buildings on it. It plans to demolish Building 1 and build a new store in its place. Building 2 will be a company office; it is appraised at $690,000, with a useful life of 20 years and a $75,000 salvage value. A lighted parking lot near Building 1 has improvements (Land Improvements 1) valued at $540,000 that are expected to last another 18 years with no...
Pepper Company, which is a calendar-year-reporting company, purchased 100% of the common stock of Salt Inc. for $325,000 on 12/31/15. Pepper declared dividends of $80,000 and Salt declared dividends of $10,000 during 2015. Each company's financial statements for the year ended 12/31/15 immediately after the acquisition are as follows: Income Statement (2015) Sales Cost of sales Expenses Net Income Pepper Co. (900,000) 500,000 260,000 (140,000) Salt Co. (500,000) 250,000 202,000 (48,000) 20,000 70,000 80,000 Balance Sheet (as of 12/31/15) Cash...
5 You are planning for retirement. Specifics are: 6 Amount to invest in one year 7 Annual rate at which invested amounts grow 8 Number of additional investments 9 Rate of retum on investments 10 920 3% 41 6% 12 How much will you have immediately after 13 your last investmenta 14 A Between 50,000 and 225,000 15 B Between 225,000 and 275,000 16 C Between 275,000 and 325,000 17 D Between 325,000 and 400,000 18 19 20 2-1
1. estimate a linear cost function 2. estimate a quadratic cost function 3. estimate a cubric cost function 1 A B с D 1 Cost data for a lumber mill 2 3 TC 4 11 5 32 2 6 93 3 7 248 4 8 575 5 9 1176 6 10 2177 7 11 3728 8 12 6003 9 13 9200 10 14 13541 11 15 19272 12 1626663 13 17 36008 14 18 47625 15 19 61856 16 20...
Question 12 (1 point) The capitalized cost of land excludes: The purchase price of the land. Title insurance paid at the time of purchase. Real estate commissions associated with the sale. Property taxes for the first year owned. Question 13 (1 point) An exclusive 20-year right to manufacture a product or use a process is a: Patent Copyright. Trademark. Franchise Question 14 (1 point) The cost of constructing a new parking lot at the company's office building would be recorded...
only need part b worksheet Illustration #3 Pepper Company, which is a calendar-year-reporting company, purchased 100% of the common stock of Salt Inc. for $325,000 on 12/31/17. On the acquisition date, the following net assets of Salt had fair values different than book value: Cost FMV Inventory 80,000 75,000 Turnover 6 times per year Land 70,000 100,000 Building and equipment 220,000 210,000 10 year life Accumulated depreciation (60,000) Covenant-not-to-complete 40,000 4 year life Bonds payable 150,000 175,000 10 years to...
Cost-of-curent inons on she Perfect sume that markets are perfect in the s ofheine free from tract costs and restrictions on short selline Thest price of gold is 70 per ounce. Current interest rates are 100% compounded monthly. According to Lost-Ot-Carry Model, approximately what should the price of a gold tutus contract be if expiration is six months away Assume that the cost of storing the gold is so. (There 100 ounces of gold in a gold futures contract) a....