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The financial statements of the Novak Corp. reports net sales of $384000 and accounts receivable of $48000 and $32400 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Novak?8 times5 times13 times10 times

The KG Corporation has average an ROE of 14% over the past 5 Years and that should continue into the future. The firm has a payout ratio of 69% on earnings per share of $6.44 and paid the dividend yesterday. The discount rate for a firm of KJ’s risk level is 14% .a. What is […]

Imagine yourself at a fair playing one of the midway games. Pick a game and calculate the expected value and post your results along with how you calculated them. For example, you may decide to throw a basketball to try to win a $10 bear. You paid $2.00 for three shots. What is the expected […]

1. Lisa Company had 175 units in beginning inventory at a total cost of $21,525. The company purchased 350 units at a total cost of $56,000. At the end of the year, Lisa had 140 units in ending inventory.(a)Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and […]

September 3 Paid in cash the set up of the web site. It expects to last the whole life of this business $2,000.Is the $2000 spent on the website, considered an asset for the whole life of the business, or does it depreciate?

In 2013, Southwest Airlines acquired AirTran Airlines, continuing a trend of airline takeovers and mergers evident in recent years. Despite increasing demand in travel for both business and pleasure, this industry continues to struggle to be profitable. The airline industry (like many others) has problems with public relations and perceptions, as well as simply being […]

KDP Insurance Company specializes in term life insurance contracts. Cash collection experience shows that 40 percent of billed premiums are collected in the month in which they are due, 50percent are paid in the month after they are billed , and 6 percent are paid in the second month following their due date.4percent of the […]

Prepare a 12- to 17-slide Microsoft® PowerPoint® presentation with speaker notes according to the following criteria:A description of the problem situationA problem-solving techniqueIdentification of the techniqueExplanation of why the chosen technique works best for the problemOffer a solution to the problem.Reconstruct the decision-making process you used to come up with the solution.What criteria were used […]

BAK Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn’t equipped to do. Estimates regarding each machine are provided below.Machine AMachine BOriginal cost$77,920$185,900Estimated life8 years8 yearsSalvage value00Estimated annual cash inflows$20,070$39,910Estimated annual cash outflows$4,910$9,820Click here to view the […]

***MGT5019-7 Writing Assignment***Introduction: BP: Pipeline Maintenance and Refinery SafetyThis case investigates the ethical, negligence, and environmental issues related to an oil spill, cost cutting, corporate culture, social responsibility, and the regulatory cycle. Your focus is not so much on workplace safety as much as what ethical situations occurred, how they occurred, and how those situations […]