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Because Natalie has had such a successful first few months, she is considering other opportunities to develop her business. One opportunity is to become the exclusive distributor of a line of fine European mixers. The current cost of a mixer is approximately $550, and Natalie would sell each one for $1,100. Natalie comes to you […]
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How do you calculate Level 3’s NPV of cash flows ($7,275,666,534 in Table 17.7 which is attached in excel file)?CASE STUDY FOR CHAPTER 17Sophisticated NPV Analysis at Level 3 Communications, Inc.Level 3 Communications, LLC, provides integrated telecommunications services including voice, Internet access, and data transmission using rapidly improving optical and Internet protocol technologies (i.e., “broadband”). […]
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Product NameDescriptionFish FindersHelm module using sonar to identify fishPropellersPropulsion unit designed specifically for V-drivesDownriggersTransom mounted deep lake fishing devicePanther Marine CorporationAccount NameMay BalancesFour Winns$ 7,000.00Chris Craft$ 86,350.00Sea Ray$ 65,000.00Boston Whaler$ 92,500.00Donzi$ 300,000.00Panther Marine CorporationChart of Accounts – Accounts Payable LedgerAccount NameMay BalancesRaydar Marine$ 25,000.00Acme$ 362,500.00Scotty$ 104,000.00DU Utility Company$ 3,300.00Staples$ 500.00Panther Marine CorporationChart of Accounts – General LedgerBALANCE SHEET ACCOUNTS Assets Current AssetsAcct #Account Name100Cash102Accounts Receivable103Allowance for Doubtful […]
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After taking the test, I received a score of 50, which barely made the cut for being “high” on the TFD scale. I think it is pretty accurate. I do like challenging discussions with people and love to get into “disagreements” with people who are level-headed. I have had to leave conversations where the other […]
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Question 1On April 1, 2003, Penny Corporation sells land to its 60%-owned subsidiary, Sahl Corporation, at a $15,000 gain. The land is still held by Sahl on December 31, 2003. What is the effect of the intercompany sale of land on consolidated net income?Answer A -Consolidated net income will be the same as it would […]
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Class TicTacToe import java.util.*; /** * A class modelling a tic-tac-toe (noughts and crosses, Xs and Os) game. * * @author Lynn Marshall * @version November 8, 2012 */ public class TicTacToe { public static final String PLAYER_X = “X”; // player using “X” public static final String PLAYER_O = “O”; // player using “O” […]
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1. (TCO A) Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? (Points: 5)Reduced legal liability for investors. Harder to transfer ownership. Lower taxes. Most common form of organization. 2. (TCO A) Buying assets needed to operate a business is an example of a(n) (Points: 5)delivering activity. financing activity. […]
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Part A (20 marks) Answer FOUR (4) of six questions. Each question in Part 1 is worth 5 marks. It is recommended that you spend approximately 15 minutes on each question in Part 1. Write succinctly and clearly – normally a good response could be written in about 150 words. There is a maximum of […]
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1.Which of the following is true for a contract made by a minor?A) A minor’s capacity to contract is never presumed.B) It is barred from ratification.C) It cannot be disaffirmed during minority.D) It is voidable.2._____ is/are essential to a minor’s continued existence and general welfare.A) ForbearanceB) EmancipationC) NecessariesD) Considerations3.What is the term used to describe […]
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Q2P1)There are several disadvantages to the payback method, among them: (Points: 4)payback ignores the time value of money.payback can be used in conjunction with time adjusted methods of evaluation.payback is easy to use and to understand.none of the above is a disadvantage.Q4P1)(TCO 3 and 4) Portman’s is considering adding a new product to its lineup. […]