Category Essay

Which inventory valuation method assigns a value to the inventory on the balance sheet that approximates current cost and also mimics the actual flow of goods for most businesses? a) FIFO b) Weighted average c) LIFO d) Specific identification e)…

The data for KubbyCo’s Division A is as follows: Sales $8,500,000Variable Costs $4,700,000Total Assets $10,000,000Fixed Costs $1,900,000Target ROI 15%Cost of Capital 8% What is Division A’s actual return on investment?

Eddy Money signed a three-year contract to host the Tonight Show. Although he will receive $130 million dollars over three years, the terms of the contract are that he is to receive $10 million at the end of each of…

There are many ways teachers can identify manners to help with instruction through providing one-on-one help and extra individual attention. There are many other adaptations out there for teachers to use while they are involved in instruction or also adaptations…

Hugh Brokett’s Insurance provides the following data (EBIT is earnings Before Interest and Taxes) EBIT = $32,000 Tax Rate = 250% Assets = $240,000 A. It’s assets are currently 100% equit financed (no debt). What is Hugh Brokett’s current ROE?…

How does the temperature affect the actions of enzymes upon their substrates? Are there any other factors that could affect these actions on the substrates?

Suppose that, due to an unexpected decline in federal income tax collections, the Treasury is compelled to borrow an extra $40 billion to cover planned expenditures in the current government budget. What would be some of the possible effects of…

On October 31, the stockholders’ equity section of Omar Company consists of common stock $600,000 and retained earnings $900,000. Omar is considering the following two courses of action: (1) declaring a 5% stock dividend on the 60,000, $10 par value…

Cartwright, Inc. has $1,000,000 of 10% bonds outstanding on December 31, 20X8. On January 1, 20X9, Adam Corp., an 80%-owned subsidiary of Cartwright, Inc., purchases a $250,000 part of Cartwright, Inc.’s outstanding bonds in the market for $245,000. Interest accrued…