Exercise 5-2 E5-2 Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. Sept. 6 Purchased calculators from Dragoo Co. at a total cost of $1,650, terms n/30. 9 Paid freight of $50 on calculators purchased from Dragoo Co. 10 Returned calculators to Dragoo Co. for $66 […]

2.1 Talbot Industries is considering an expansion project. The necessary equipment could be purchased for $9 million, and the project would also require an initial $3 million investment in net operating working capital. The company’s tax rate is 40%.   What is the initial investment outlay?   The company spent and expensed $50,000 on research related to the project last year. Would this change your […]

Scenario – You are negotiating a transaction for your client, Shark Corporation. Parties on the other side of the deal ask you for information about the structural stability of a building, which is a significant part of the transaction. Coleman, Shark’s tax director, tells you to say that everything is all right when, in reality, the building has substantial hidden damage. Coleman tells you to […]

Finance 355: InvestmentsQUIZ 1 Quiz Paper A 1, Quiz Paper B 16Black Stone Mines stock returned 8, 16, -8, and 12 percent over the past four years,respectively. What is the geometric average return?a. 6.59 percentb. 7.36 percentc. 7.75 percentd. 9.94 percente. 10.33 percent Quiz Paper A 2, Quiz Paper B 17Asset allocation is the:a. selection of specific securities within a particular class or industry.b. division […]

United States and Canada  Overview Doing business in a foreign country can be fraught with pitfalls, from culturally inappropriate hugging to accidental obscene hand gestures. By researching and understanding the culture of a foreign country, you can better prepare yourself and your team to avoid mistakes and leverage cultural protocols to your advantage. In this assignment, you will compare the culture of the United States […]

Iowa Elevators If you were in the position of Scott McBride, what would be your analysis of the situation at Iowa Elevators and what would you present at the executive management team meeting on June 11th? Include your annual cost savings estimates, departmental budget and specific action that you would take to achieve your objectives. DISCUSSION QUESTIONS 1. Why hasn’t Scott McBride proposed a cost […]

Social psychology is considered by some to have begun in 1895 with the work of Norman Triplett (1897), who examined the impact of fellow cyclists on the performance of an individual cyclist. Triplett observed that the mere presence of other cyclists improved an individual’s performance. Since Triplett’s pioneering work, social psychologists continue to examine the powerful impact of situationism—that is, the importance of examining people’s surroundings […]

  For this 20 point Exercise I would like you to choose one of the 4 Stages of Piaget’s Cognitive Theory of Development. Describe the Stage in depth and then create a board game, sport related game, video, cartoon or toy for children in the age group and Stage you chose to study in depth. Your invention must be original. Use your imagination and have […]

Motion picture industry the motion picture industry is a competitive business.More than 50 studios produce a total of 300 to400 new motion pictures each year,and the financial success of each motion picture varies considerably.The opening weekend gross sales ($millions), the total gross sales ($millions),the number of theaters the movie was shown in,and the number of weeks the motion picture was in the top 60 for […]

Castellino Company, operating at full capacity, sold 80000 units at a price of $70.75 per unit during 2008. Its income statement for 2008 is as follows:       Sales                                5,660,000       Cost of goods sold             2,100,000       Gross profit                        3,560,000       Expenses:           Selling        1,500,000           […]