Finance Questions? Ask a Financial Expert for Answers ASAP
I am working on the question, but I wanted to make sure you understand that you need to click the accept button so that experts get paid. Please confirm
Please click on the following link for the solution:
P.S. If you like my services, please feel free to direct your future posts to me specifically by typing "ForCustomer/strong>" at the beginning of your post. Should you choose to do this, please try to allow me 48 hours before the deadline. If you need to meet me online for a timed assignment, please advise me of the date and time (EST) you want me to meet you here and I will. Please make sure you take the length (and number) of the questions into consideration when making your offer to avoid delays in providing solutions.
Am not understanding these. I had number one to 15 and they do not match. Ihave tried going through it but cannot understand. For instance question one they want
1. Book value per share,
Give me the the answer down here
2. Working capital,
Give me the answer here and and continue with the same to question 15. I paid initially and did not get my request fullfilled thus am being refunded and was asked to post the questions again. Kindly do these for me ASAP am late.
You have made a deposit into your JA account, that amount stays in your JA until you get a solution and click accept, and only when you click Accept do experts get paid, I just want you to confirm you understand that because I see that someone had once answered one of your questions, but you never accepted the solution
Now, what I have sent you is the answer to the first question only as I had the solution ready, may be that is why you were confused; I can work on the others but I need to know your deadline please.
Sorry about the earlier confusion, please click on the following link for the full solutions:
Was just going through the questions and noticed there was no answer for ,
13. Superior Industries' sales budget shows quarterly sales for the
next year as follows:
First . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Second . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Third . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000
Fourth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,000
Company policy is to have a finished goods inventory at the
end of each quarter equal to 20% of the next quarter's sales.
How much should the budgeted production for the second
That is very strange! On the document I have, the solution is there, but on the one I uploaded it is not!! really strange
Units produced = Ending inventory + Units sold - Beginning inventory= (12,000 x 20%) + 8,000 - (8,000 x 20%)= 2,400 + 8,000 - 1,600 = 8,800
Please click accept on this post and then make a new post for the new question, but $9 for 5 questions is too low, you can still make the new post and I will check the questions and tell you how much would be fair
Here are the questions,
(A.)Financial statements for Larkins Company appear below:Larkins CompanyStatement of Financial PositionDecember 31, Year 2 and Year 1(dollars in thousands)
Current assets: Cash and marketable securities Accounts receivable, net Inventory Prepaid expensesTotal current assetsNoncurrent assets: Plant & equipment, net
Current liabilities: Accounts payable Accrued liabilities Notes payable, short termTotal current liabilitiesNoncurrent liabilities: Bonds payableTotal liabilitiesStockholders' equity: Preferred stock, $20 par, 10% Common stock, $10 par Additional paid-in capital--common stock Retained earningsTotal stockholders' equityTotal liabilities & stockholders' equity
Larkins CompanyIncome StatementFor the Year Ended December 31, Year 2(dollars in thousands)
Sales (all on account)Cost of goods soldGross marginSelling and administrative expenseNet operating incomeInterest expenseNet income before taxesIncome taxes (30%)Net income
Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.
(1) Larkins Company's book value per share at the end of Year 2 was closest to:
(2). Larkins Company's dividend payout ratio for Year 2 was closest to:
B. Financial statements for Larkins Company appear below:Larkins CompanyStatement of Financial PositionDecember 31, Year 2 and Year 1(dollars in thousands)
(a)Larkins Company's return on total assets for Year 2 was closest to:
(b) Larkins Company's earnings per share of common stock for Year 2 was closest to
C . Cridwell Company's selling and administrative expenses for last year totaled $210,000. During the year, the company's prepaid expense account balance increased by $18,000, and accrued liabilities increased by $12,000. Depreciation charges for the year were $24,000. Based on this information, selling and administrative expenses adjusted to a cash basis under the direct method on the statement of cash flows would be ?
D. Brittman Corporation makes three products that use the current constraint-a particular type of machine. Data concerning those products appear below:
Selling price per unit
Variable cost per unit
Minutes on the constraint
Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource?
As I have advised you above, when you have a new set of questions, please post them as a new post. I am not sure how long I would be online so I will post the solutions here, but for future posts, if you have a new set of questions please make a new post:
Please read the following carefully:
If you like my services, please feel free to direct your future posts to me specifically by typing "ForCustomer/strong>" at the beginning of your post. Should you choose to do this, please try to allow me 48 hours before the deadline. If you need to meet me online for a timed assignment, please advise me of the date and time (EST) you want me to meet you here and I will. Please make sure you take the length (and number) of the questions into consideration when making your offer to avoid delays in providing solutions.
Well i had a flu and was just resting after taking medication, i did not see the two questions that i asked on the answers posted ie,
3.Larkins Company's dividend yield ratio on December 31, Year 2 was closest to
4.Larkins Company's price-earnings ratio on December 31, Year 2 was closest to
Lastly you said you will tell me the cost after going through the questions. In future i will be starting new threads for new question.
All questions were answered denis, please download the document and you will see that all questions have been answered.
P.S. I believe that $5 per question is fair so that would be $25. You can add this amount as a bonus
I am not sure how it looks from the student's side, but I will contact customer service and see if they can guide you on how to do that, or deduct the $25. In any case, there is only $5 difference between the $30 and the $25 bonus, you can simply click accept and then deduct the $5 from your next post. I do not think that $5 is the problem.
I only have 25.00 on my account now, contact customer care then revert.
ok denis, bonus has been processed
I will close this post. please do not respond here so that it does not get reopened. For future posts, please make a new post and type "For BusinessTutor" at the beginning of the question and advise your deadline
I am sorry I cannot help with that. Please make a new post in the Math category and list your questions there
Unfortunately no, you need to make a new post in the Math category then copy and paste the questions there
I have 22 Finance investment question can you help?
I do not have any text book at the moment, can you check this link and advise if you can assist before i create a new post.
Did you see my replies?