Challenging Business Problems with Detailed Answers

carducci corporation reported net sales of $3.59 million and beginning total assets of $0.91 million and ending total assets of $1.31 million. the average total asset amount is:
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under ifrs 2, with respect to cash-settled share-based payments, when an employee has received stock appreciation rights, how is the fair value of those rights measured?
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on january 2, 2023, howdy doody corporation purchased 13% of ranger corporation's common stock for $51,000. ranger's net income for the years ended december 31, 2023, and december 31, 2024, were $11,000 and $51,000, respectively. during 2024, ranger declared and paid a dividend of $62,000. there were no dividends in 2023. on december 31, 2024, the fair value of the ranger stock owned by howdy doody had increased to $74,000. how much should howdy doody show in the 2024 income statement as income from this investment?
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presented are the income statements of rira and tir na nog distillery companies for the current year: rira tir na nog net sales revenue $487,000 100.00% $500,000 100.00% cogs 400,300 82.20% 395,000 79.00% gross profit 86,700 17.80% 105,000 21.00% selling/general expenses 20,200 4.15% 50,000 10.00% income from operations 66,500 13.66% 55,000 11.00% income tax expense 17,100 3.51% 16,500 3.30% net income $49,400 10.14% $38,500 7.70% which company has the better relationship between gross profit and net sales revenue?
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on january 1, 2024, green corporation purchased 36% of the outstanding voting common stock of gold company for $300,450. the book value of the acquired shares was $275,600. the excess of cost over book value is attributable to an intangible asset on gold's books that was undervalued and had a remaining useful life of five years. for the year ended december 31, 2024, gold reported net income of $125,050 and paid cash dividends of $25,850. what is the carrying value of green's investment in gold at december 31, 2024?
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luther is a successful logistical services firm that currently has $5 billion in cash. luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. currently luther is an all-equity firm with 1.25 billion shares outstanding. luther's shares are currently trading at $20 per share. with perfect capital markets, what is the market price per share of luther's stock after the share repurchase?
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which of the following statements regarding business process reengineering is not correct? a. placing decision authority at the lowest level possible tends to reduce bureaucracy. b. ideally, only steps that add value to the customer are kept in the redesigned process. c. most reengineering is done without the need to invest in new technologies. d. reengineering is appropriate when processes simply cannot be improved in small steps.
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t the start of the covid-19 economic shutdown, the congressional budget office projected the federal debt-to-gdp ratio would reach 108% by the end of 2021, an increase of 26 percentage points from their previous projection. the federal debt-to-gdp ratio reached a record 119.1 percent in early 1946, following world war ii, but then quickly fell, reaching 31.1 percent in january 1981. a. what lesson might the record-level debt and subsequent rapid decline following world war ii hold for current debt projections?
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required: a. computer stocks currently provide an expected rate of return of 16%. mbi, a large computer company, will pay a year-end dividend of $3 per share. if the stock is selling at $60 per share, what must be the market's expectation of the growth rate of mbi dividends? (do not round intermediate calculations. round your answer to 2 decimal places.) b. if dividend growth forecasts for mbi are revised downward to 6% per year, what will be the price of the mbi stock? (round your answer to 2 decimal places.)
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points return to questionitem 4 problem 4-15 (algo) the closed fund is a closed-end investment company with a portfolio currently worth $285 million. it has liabilities of $3 million and 5 million shares outstanding. required: a. what is the nav of the fund? (round your answer to 2 decimal places.) b. if the fund sells for $53 per share, what is its premium or discount as a percent of nav? (input the amount as a positive value. do not round your intermediate calculations. round your answer to 2 decimal places.)
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ann transferred her right to receive money from carrie to bill. what interest, if any, does ann retain in the contract with carrie after the transfer of right to bill? a. ann may sue to enforce bill's right to receive the money due under the original contract. b. ann may sue in her own right as the original obligor on the contract with carrie. c. ann may sue in her own right as the original obligee on the contract with carrie. d. all of ann's rights in the contract with carrie ended with the transfer to bill.
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u.s. net capital outflow . question 4 options: is a part of the demand for loanable funds, and the source of the supply of dollars in the foreign exchange market. is a part of the demand for loanable funds, and a source of the demand for dollars in the foreign exchange market. is a source of the supply of loanable funds, and the source of the supply of dollars in the foreign exchange market. is a source of the supply of loanable funds, and a source of the demand for dollars in the foreign exchange market.
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steve and craig have been shipwrecked on a deserted island in the south pacific. their economic activity consists of either gathering pineapples or fishing. we know steve can catch four fish in one hour or harvest two baskets of pineapples. in the same time craig can reel in two fish or harvest two baskets of pineapples. if they each spend four hours a day fishing and four hours a day harvesting pineapples, how many of each will steve produce? how many will craig produce? what will their total production be?
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rachel owns a house and property in ogden, utah. she does not live in the home continuously, but she spends about 28 days there in the winter and another 28 days there in the summer. she is able to rent the house to sports enthusiasts and their families for 280 days of the year. skiers like to stay in the winter months and hikers like to rent the house in the summer months. which type of dwelling unit is this house for rachel? multiple choice question.
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in 2004, ecuador replaced its currency, the sucre, with the u.s. dollar as its official currency. the hope was that this would end record inflation running at 104 percent a year. this action prevented the government from printing excessive money to meet its budgetary needs.. as long as ecuador maintains the u.s. dollar as its official currency, what will happen to the monetary policy of ecuador?
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marilyn is an african american woman who is working for a large accounting firm. she is in line to become the next president of the firm. in order to prepare for the potential promotion, what is marilyn most likely going to search for in terms of career support?
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your firm spent $100 million developing a new drug. it has now been approved for sale, and each pill costs $1 to manufacture. your market research suggests that the price elasticity of demand in the general public is -1.1. a) what price do you charge the public?
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brady, age 51, earns $333,333 annually from infinity, which sponsors a simple, and matches all employee deferrals 100% up to a 3% contribution. what is the maximum total contribution to brady's account in 2022, including both employee and employer contributions?
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leadership is the style of leadership that goes beyond ordinary expectations by transmitting a sense of mission, stimulating learning experiences, and inspiring new ways of thinking. a.task-oriented b.directive c.transformational d.participative e.supportive
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) why is it that a decrease in the discount rate does not normally lead to an increase in borrowed reserves
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jackson manufacturing company had a beginning inventory of $18,000. during the year, the company recorded inventory purchases of $75,000 and cost of goods sold of $56,000. the ending inventory must equal:
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u.s. corporation wright air conditions borrows funds to build a factory in the u.s. and a factory in mexico. borrowing for factories in which location(s) is included in the u.s. demand for loanable funds?
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what may be asked during an interview? will you list all organizations, clubs and lodges to which you belong? do you own or rent your home? have you worked at the company under a different name? of what country are you a citizen?
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you have $17,800 to invest and would like to create a portfolio with an expected return of 11.15 percent. you can invest in stock k with an expected return of 10.2 percent and stock l with an expected return of 13.8 percent. how much will you invest in stock k?
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