Resource: Modern Auditing Prepare answers to the following assignments: Ch. 8: Comprehensive Questions: Analytical procedures 8-15 (Analytical procedures) In audit planning the audit of Construction Industry Resources, Inc., a building supply company. You have completed analytic procedures relevant to purchases and inventory. The results of these procedures are included in Figure 8-13. Required Analytical procedures show that inventory turnover decreased from 31–34 days to 27 […]

Palo Alto Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company’s current truck (not the least of which is that it runs). The new truck would cost $55,950. Because of the increased capacity, reduced maintenance costs, and increased fuel economy, the new truck is expected to generate cost savings of $8,560. At the end of 8 years the company will sell the truck for an estimated $27,610. Traditionally the company has used a rule of thumb that a proposal should not be accepted unless it has a payback period that is less than 50% of the asset’s estimated useful life. Larry Newton, a new manager, has suggested that the company should not rely solely on the payback approach, but should also employ the net present value method when evaluating new projects. The company’s cost of capital is 8%.(Refer the below table). Compute the cash payback period and net present value of the proposed investment. (If the netpresent value is negative, use either a negative sign preceding the number eg -45 orparentheses eg (45). Round answer for present value to 0 decimal places, e.g. 125. Roundanswer for Payback period to 1 decimal place, e.g. 10.5. Round Discount Factor to 5 decimalplaces, e.g. 0.17986.)Cash payback periodNet present value years$ Doug’s Custom Construction Company is considering three new projects, each requiring an equipment investment of $23,320. Each project will last for 3 years and produce the following net annual cash flows.Year AA […]

.    Maturing Out 
Members of the self-help community often refer to getting “sick and tired of being sick and tired” as a motivation for change. For this discussion: 
 • Explain, with examples, the concept known as “maturing out” of addiction (also known as natural recovery or spontaneous remission). How does this concept support or fail to 
 support the progressive nature of the disease […]

  Chapter 17 Capital Structure 557 www.mhhe.com/rwj remain unlevered forever. If OPC does not retire the debt, the company will use the $2.5 million in cash to buy back some of its stock on the open market. Repurchasing stock also has no transaction costs. The company will generate $1,300,000 of annual earnings before interest and taxes in perpetuity regardless of its capital structure. The firm […]

    Focus upon the idea of the company’s balanced scorecard and control systems to guide and monitor its strategy implementation in order to help move Ann Taylor competitively forward. Please include the SWOT Analysis with the four quadrants in the appendix of your paper (after the References page). You can find the SWOT Analysis template in Doc Sharing.             […]

Overview In this assignment, you will prepare a 2–3 page report that addresses the requirements specified in the case. Fully address each requirement and include at least two current references to scholarly and/or authoritative sources. Instructions Specifically you will be required to: Explain the effects on the account of the opening of the first retail store. Describe how the business change will affect audit risk […]

You have been hired as a consultant for Pristine Urban-Tech Zither, Inc. (PUTZ), manufacturers of fine zithers. The market for zithers is growing quickly. The company bought some land three years ago for $1.35 million in anticipation of using it as a toxic waste dump site but has recently hired another company to handle all toxic materials. Based on a recent appraisal, the company believes […]

What are some of the latest advances in encryption technologies? Conduct some independent research on encryption using scholarly resources, then write a two- to three-page APA paper that describes at least two new advances in encryption technology, addressing the following questions: When should this encryption technology be used? Who are the users of the encryption technology? What are the benefits/disadvantages of this technology?

RESPONSE 1   Respond to at least two colleagues in one of the following ways:   §  Critique your colleague’s explanation of how poverty impacts individuals in young and middle adulthood.   §  State whether you agree or disagree with your colleague’s position on whether poverty is the result of cultural or individual characteristics. Provide support for your position.   §  Reply to a colleague […]

Programming Assignment 7 Instructions   Exercise 8.4 JHTP (Rectangle Class): Create a class Rectangle with attributes length and width, each of which defaults to 1. Provide methods that calculate the rectangle’s perimeter and area. Use set and get methods for both length and width. The set methods will verify that length and width are each floating-point numbers larger than 0.0 and less than 20.0. Write […]