b. Revising the estimated life of equipment from 10 years to 8 years. c. Not writing off obsolete inventory. d. Reducing research and development expenditures. 2. Prophet Corporation has an extraordinary loss of $200,000, an unusual gain of $140,000, and a tax rate of 40%.
Q: Retail industry 26. What does the evidence in Panel A of Table 2 suggest about revenues, earnings and abnormal stock returns in 14-week quarters compared to 13-week quarters? Q: In Panel A of Table 2, the researchers contrast mean and median values of revenues, revenue forecast errors, earnings, earnings forecast errors and abnormal stock returns in 14-week quarters relative to all 13-week quarters. By comparison, all revenue metrics in 14-week quarters are higher, on average, than corresponding metrics in 13-week
a. When it is determined that an account cannot be collected. b. In the same period in which the sale on account occurs. c. When the balance is past due for more than 3 months.
A) 20% B) 25% C) 10% D) 15% E) None of the above Answer: B Response: r = (120+5-100)/100 = 25% 2. PC Company stockholders expect to receive a year-end dividend of $10 per share and then be sold for $122 dollars per share. If the required rate of return for the stock is 20%, what is the current value of the stock? A) $100 B) $122 C) $132 D) $110 E) None of the above Answer: D Response: P = (122+10)/1.2 = 110 3. The constant dividend growth formula P0 = D1/(r-g) assumes: A) The dividends are growing at a constant rate g forever.
Fairmount Inc., a developer of radiology equipment, has stock outstanding as follows: 25,000 shares of cumulative 2%, preferred stock of $130 par, and 83,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $43,500; second year, $60,500; third year, $134,160; fourth year, $185,350. Calculate the dividends per share on each class of stock (preferred and common) for each of the four years. Round all answers to nearest whole cent. If no dividends are paid in a given year, enter "0".
Identify the y intercept and the slope in this formula. What does x represent in this formula? Independent variable 5. In the legend beneath Figure 2, the authors give an equation indicating that systolic blood pressure is SBP = 43.2 + 0.17x. If the value of x is postnatal age of 30 hours, what is the value for Ŷ or SBP for neonates ≤1,000 grams?
Abbott Laboratories Problem February 3, 2014 Abbott Laboratories After reading the Value Lines figures and information on Abbott Laboratories in the Questions and Problems section of Chapter 6 (just before Problem 27), complete the following Problems: Problem 27: What is the sustainable growth rate and required return for Abbott Laboratories? Using these values, calculate the 2010 share price of Abbott laboratories Industries stock according to the constant dividend growth model. The dividend = 1.60 for 2009. The growth rate is calculated as follows: 1-(1.6/3.65) = .5616 g=28%*.5616 = 15.72% Discount rate: k=3.13%+-.60(7%) = 7.33% 2010 share price: Po = 1.6(1.15)/.07-.15 = $26.14 share price Problem 28: Using the P/E, P/CF, and P/S ratios, estimate the 2010 share price for Abbott Laboratories. Use the average stock price each year to calculate the price ratios.
Real GDP is only measured quarterly so the committee gives only slight importance to it. There are four indicators that are considered important measures by the NBER. The committee places particular emphasis on two monthly measures of activity across the entire economy: 1) personal income minus transfer payments and 2) employment. Also, the committee studies two indicators with covered of manufacturing and goods: the volume of manufacturing and trade sectors and industrial production. A recession involves a large decline in output and employment.
1) The F5 = ______ 2) The F12 = ______ (in two decimal places) 3) If you were told to prepare a forecast schedule, the forecast schedule should contain forecast demands from Period ______ to Period ______. Use Exponential Smoothing with alpha = 0.29 to answer Questions 4) to 6) 4) The F2 = ______ (in two decimal places) 5) The F3 = ______ (in two decimal places) 6) If you were told to prepare a forecast schedule, the forecast schedule should contain forecast demands from Period ______ to Period ______. 3 1. National Scan, Inc., sells ratio frequency inventory tags. Monthly sales for a 6-month period were as follows: Month: Sales Feb 65 Mar 66 Apr 66 May 71 Jun 72 Jul 72 2.
A potential customer who has never purchased before has a 3% chance of purchasing without receiving a catalog. XYZ has some previous experience with catalog mailings, and they have found that receiving a catalog doubles the probability of purchase for the year that the catalog is received, but it does not effect on the probability of purchase in any year after that. It costs $3.00 to mail a catalog. Since the marketing manager is being evaluated based on two years of results, any future purchases after these two years do not count. XYZ Company in interested in finding the following questions (a) How many catalogs should be mailed each year and to which customers should they be mailed?