1. Stock repurchases The stock that has been bought back and is not considered outstanding anymore is called There are a number of reasons why a firm might want to repurchase its own stock. Read the statement and then answer the corresponding question about the company's motivation for the stock repurchase: Smith and Martin Co.'s board of directors has decided...
having trouble with question 1 and 2 Scenario Brad Winston is the owner and operator of Fishing Unlimited, a charter fishing business operated out of Oregon Inlet, NC. Brad has been taking groups of guests offshore to fish for tuna and marlin for over 15 years. He purchased his current fishing boat when he started the business, but now believes...
The data below are the number of cattle on farms in the United States (in millions) for each year that begins a decade from 1910 to 2010. Draw a box plot for the data below. Are there any outliers? If so, what are they? 58.0, 71.4, 64.9, 70.0, 74.5, 98.9, 114.4, 112.3, 95.4, 99.8, 91.9.
Wanda Lux must select a supplier for a plastic bottle and proprietary dispenser for its new hair shampoo. Three suppliers have placed bids, at Wanda's request, all bids are for a shipping quantity (Q) of 20,000 bottles with annual requirements (D) of 40,000 units. Wanda's factory operates 250 days a year. The following table shows each supplier's price, estimated annual...
a.) What is the approximate number of employees who earn between $33,000 and $43,000 annually? b.) There are approximately 2,700 employees of ACME Corporation. About what percentage of employees earn over $76,999? c.) The largest percentage of employees earn between $44,000-$54,000. Which 2 salary ranges have roughly an equal amount of employees? 600 500 400 300 200 100 0-10 11-21...
Objective: This activity has the purpose of helping students calculate the Breakeven point using the software Microsoft Excel to perform a sensitivity analysis. (Objective 4) Student Instructions: Read example to be used to compute the Breakeven point. Textbook problem 13 - 1 (Blank, L. & Tarquin, A. ), page 459: The fixed cost at Harley Motors are $1 million annually....
Required Information Problem 5-4A Break-even analysls; Income targeting and forecesting LO C2, P2, A1 The following Information applies to the questions displayed below Astro Co. sold 20,800 unlts of its only product and Incurred a $56,672 loss (Ignoring taxes) for the current year as shown here. Durlng a planning sesslon for year 2018's activtles, the production manager notes that varlable...
The following table shows the actual demand observed over the last 4 years: Year1234Demand88410Using exponential smoothing with a = 0.40 and a forecast for year 1 of 7.0, provide the forecast from periods 2 through 5 (round your responses to one decimal place)Year12345Forecast (ES)7.0Provide the forecast from periods 2 through 5 using the naive approach (enter your responses as whole numbers) Year2345Forecast...
Direct Method, Reciprocal Method, Overhead Rates Macalister Corporation is developing departmental overhead rates based on direct labor hours for its two production departments ---Molding and Assembly. The Molding Department employs 20 people, and the Assembly Department employs 80 people. Each person in these two departments works 2,000 hours per year. The production-related overhead costs for the Molding Department are budgeted...
TAX RETURN PROBLEM #3 Josh Bari, age 40, is single. His Social Security number is 111-11-1111, and he resides at 150-51 Ave. A, Tangers, NY 11234. Josh has a 5-year-old child, Kendra, who lives with her mother, Katy. As a result of his divorce in 2017, Josh pays alimony of $6,000 per year to Katy and child support of $12,000....