Bonds 1. Municipal Bonds - Municipal bonds are haircut per Exhibit 1 based on both their time to maturity and scheduled maturity at date of issue. 2. Corporate Bonds - Corporate bonds are haircut...

1. What is the cost of debt for Sunrise Bakery? 2. What is their cost of equity? 3. What is the WACC? 4. Which cost of capital should be used to evaluate the feasibility of the oven purchase? 5....

Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2020. She is 45 years old and has been divorced for four years. She receives $1,200 of alimony payments each month from...

Forrest runs Y Not Flowers, Inc. (YNF), a wholesale flower distributor with stores in several major metropolitan areas of the U.S. He is considering expanding his business, but he thinks his current...

Imagine that Howard has asked you to write some queries to help him make better use of his data. For each information request below, write a single query that provides the answer set. When a task...

Which series has the highest beta. BraveNewCoin Liquid Index for Bitcoin 1D BNC Trading Brave Ne Yellow Green Blue Orange

You and a business partner opened a fitness gym three years ago. Your partner oversees managing the operations of the gym, ensuring the right equipment is on hand, maintenance is conducted, and the...

Copper Strike Mining Company (CSMC) needs to raise $55,000,000 for the development of a new mining site and will do so by issuing either new bonds or new preferred shares. If CSMC issues preferred...

Jaylen has asked you to make a retirement planning presentation to the employees at Troy Metals Inc. as part of a financial literacy day. Your presentation will last approximately 60 minutes with...

OTE operates in a stable industry and the results for the company were relatively consistent over the past five years. The December 31 year-end statements are provided in Appendix I. There are a few...

On August 20, 2004, Countrywide Financial Corporation (CFC) offered new convertible security due in 2031 (the "new securities") in exchange for an equal amount of its liquid yield option notes...

Capstone Case: Sunrise Bakery Expansion The Sunrise Bakery Corporation was originally founded in Houston, TX in 1991 by Griffin Harris, who currently serves as the company's Chief Executive Officer....

For the case The WM. Wrigley Jr. Company: Capital Structure, Valuation, and the Cost of Capital(Darden Case: UVAF1482) please answer the following questions and explain your reasoningwhere...

Jamie Lee Jackson, age 26, is in her last semester of college and is anxiously waiting for graduation day that is just around the corner! She still works part-time as a bakery clerk, has been...

Given the following information, please calculate after tax cash flow for year 1. Assuming a sales price of $1,100,000, please calculate the after tax cash flow from the sale (dont forget the...

Using the Public MACRO BITCOIN scorecard spreadsheet (linked in its associated masterclass lesson - Long Term 32), create a COPY of it and perform a complete analysis for the date 22/2/2022....

Using the financial statement data provided in Exhibits 2, 3, and 4, match the companies with their industry. I Since oppornunities and constraints tend to be different across industries, companies...

A firm that sells software services has been piloting a new product and has records of 500 customers who have either bought the services or decided not to. The target value is the estimated profit...

Before you begin, print out all the pages in this workbook. The unadjusted trial balance of Morgan Manufacturing Corp. at December 31, 2019 is shown on the "Trial Bal" page (see tab below). Refer...

The Jacksons are considering selling their current residence, buying a small home near Averys parents for $220,000 with a $100,000 30-year mortgage at 3.5%, and investing the net proceeds in their...

Compute the price of an American call option on the same ZCB of the previous three questions. The option has expiratio t =6 and strike = 80 K Term Structure Lattice 2 r(0,0) 5.00% 3 1.10 0.9 0.50 b1...

As a financial consultant at Alexandra Anderson & Co., you and your team have been assigned to work on the WalterCola account, a fortune 500 soft drink beverage producer. Max Prophet, CEO of WC, has...

ATV Co. began operations on March 1 and uses a perpetual inventory system. It entered into purchases and sales for March as shown in the Tableau Dashboard. Legend No Purchases or Sales Purchases...

1. What type of contact is between the Ridpath Sandstone and the Kavalier Shale? How did you determine this? (Refer to the Geologic Time Scale, which is Figure 1 in the Geologic Dating lab, to help...

A tablet computer manufacturer has three models in its product line: The Mini model costs $375 to produce and sells for $499. 60,000 were sold. The Standard model costs $390 to produce and sells for...

During 2019, Jason and Vicki Hurting, who are married with two children and filing jointly, had the following tax information. Jason owns a cash-basis landscaping business, and Vicki works as a sales...

Newlyweds Jamie Lee and Ross have had several milestones in the past year. They are newly married, recently purchased their first home, and now have twins on the way! Jamie Lee and Ross have to...

The COVID-19 pandemic affected companies in the food industry in unique ways, particularly during 2020. Ruth's Hospitality Group (Ticker: RUTH) develops and operates fine dining restaurants under the...

As the accountant for Veneskey & Sons, you have been hired to prepare the payroll and everything that goes along with it for OlFashion Industries which has 4 employees. Their necessary payroll...

Phil Williams and Liz Johnson are 60% and 40% partners, respectively, in Williams & Johnson Partnership, Their beginning basis is $33,000 for Phil and $31,000 for Liz. The partnership had the...

In this mini-case, you will determine overall materiality as well as tolerable misstatement amounts for balance sheet accounts of EarthWear Clothiers, Inc. Most auditing firms use a simple approach...

There is a separate haircut calculated for each foreign (i.e., non-USD) currency. The first thing we need to do to calculate the haircut on a given currency is to figure out the firm's total exposure...

Assume currently the price of a stock is $20 and a bank sold 100,000 call options on this stock with a strike price of $15. The bank wants to use delta hedging to protect itself. The price changes...

Stankus-Wolf Electronics is a midsized electronics manufacturer located in Tampa, Florida. The company president is Alison Lyons, who inherited the company. The company originally repaired radios and...

Beta Motors is an Indian car manufacturer. They have developed a very small, electric and inexpensive car. They aim to launch this car in Australia during 2022. It will retail for AUD$15,000. They...

John Hall tried to unclog a floor drain in the kitchen of the restaurant where he worked. He used a drain cleaner called Zaps Blue Lye that contained crystalline sodium hydroxide (the chemical name...

Read the case XYZ Company: An Integrated Capital Budgeting Instructional Case and answer the following question: Should the replacement asset be purchased? That is, does it make economic (financial)...

On November, 1 of the current year, Rob Elliot invested $30,500.00 of his cash to form a corporation, GGE Enterprises Inc, in exchange for shares of common stock. No other common stock was issued...

Compute the initial price of a swaption that matures at time t =5 and has a strike of 0. The underlying swap is the same swap as described in the previous question with a notional of 1 million. To be...

Five years have passed and Jamie Lee, 34, is considering taking the plunge--not only is she engaged to be married, but she is also deciding on whether to purchase a new home. Jamie Lees cupcake caf...

Hanford MacDwaddy is 47 years old today and makes $78,000 per year. ?His wage replacement ratio has been determined to be 72%. ?He expects inflation will average 3.5%/year over his lifetime. ?He...

How do you calculate the percentage of change in sales from 20X8 to 20X9? This will go in cell D7? Show the formula. Kretsmart Common-Size Income Statements For the Years Ended December 31, 20'X'9,...

Since LSUS corporation is producing at full capacity, Amanda has decided to have Han examine the feasibility of a new manufacturing plant. This expansion would represent a major capital outlay for...

Jamie Lee Jackson, age 26, is in her last semester of college and is waiting for graduation day that is just around the corner! It is the time of year again when Jamie Lee must file her annual...

The 2018 balance sheets and income statement for Netflix Inc. follow. Refer to these financial statements to answer the requirements. NETFLIX INC. Consolidated Statement of Earnings For Year Ended...

Complete the 2019 federal income tax return for Sarah Hamblin. Be sure to include only required tax forms when completing the tax return. For purposes of this assignment, unless instructed otherwise,...

Purse Corporation owns 70 percent of Scarf Companys voting shares. On January 1, 20X3, Scarf sold bonds with a par value of $600,000 at 98. Purse purchased $400,000 par value of the bonds; the...

pass the journal entries 1) May1, 2019 Business owner opened Renovation& design company and invested $60,000 in business bank account 2) May1, 2019 Business bought supplies $1700 , paid in cash...

Your clients Matthew & Ruth have come to see you for some advice on purchasing a condominium in Toronto. Matthew & Ruth are at present renting a house for $1800 per month in Kitchener and...

a. How (conceptually) is the discount rate for capital budgeting purposes defined and calculated? Is this number appropriate for analyzing the asset-replacement decision at hand? Why or why not? What...

Given the sample receipt of Wally Vehicle Rentals as shown below, produce the Third Normal Form of this document by normalization. Wally Vehicle Rentals RECEIPT Depot Code : KLNO07 Receipt No. : 2233...

Company Z enters into a 5-year interest rate swap contract on 1 January 2015 as the fixed-rate payer party. The settlement period is one year. The settlement dates are 31 December of each year from...

Gonzalez, a U.S. citizen, owns 1% of USAco, a domestic corporation. All other shareholders of USAco are unrelated foreign persons. In a Type B reorganization, FORco transfers shares of its voting...

1. Do you think a country the size of Iceland a Lilliputian is more or less sensitive to the potential impacts of global capital movements? 2. Many countries have used interest rate increases to...

You have recently become the CFO for Beta Manufacturing, a small cap company that produces auto parts. As you step into your new position, you have decided to compile a report that details all...

Quickstove ships worldwide and this is but a sample of shipments to the Western United States. When multiple quantities of an item are in the same order, quantity discounts on that item are offered....

Considering the calculations you have done so far, you need to attend to a number of import transactions for goods that companies in the United States expressed interest in. The first transaction is...

Ann is a recent engineering graduate with two years experience in her current role and is currently looking at getting a Masters degree. She is currently paid $60,000 per year, which she expects to...

On October 15, 2018, our company sells to a retailer located in Austria 12,000 units of a product at a sales price of 35 per unit, and we require payment in Euros (). The exchange rate on the date of...

Brown Company paid cash to purchase the assets of Coffee Company on January 1, 2019. Information is as follows: Total cash paid Assets acquired: Land Building Machinery $3.500.000 se00,000 5500,000...

Troy and Kristy Reynolds (both currently age 56) have determined that they will require retirement income equal to $93,000 in today's dollars, based on their current income. They plan to retire in 8...

Jamie Lee and Ross, now 57 and still very active, have plenty of time on their hands now that the triplets are away at college. They both realized that time has just flown by; over twenty-four years...

Cole Designs Inc. Income Statement For the Year Ended December 31, 20Y3 Fees earned $69,400 Wages expense (44,900) Net income $24,500 Cole Designs Inc. Balance Sheet December 31, 20Y3 Assets Cash...

1. How would you describe the competitive strategy of Walnut Creek amphitheatre? Given the firm's strategy, what are the most important Key Performance Indicators (e.g., quantitative measures) for...

What risks does mike have that need to be considered? Based on how much mike needs to save and what you have gathered from the case, what type of retirement plan would you recommend, if any at all?...

Millhouse graduated 5 years ago with a degree in business administration and is currently employed as a middle level manager for the same firecracker company his dad already worked for. His current...

An investor, wants to know how two portfolios are performing in the market: 7% Y (3%) 12% Probability Market portfolio 0.40 0.20 15% 0.40 Beta factor 10% 18% Portfolio X 1.30 10% 8% 4% 0.75 1 The...

Given the following information, calculate after-tax cash flow for year 1. Assuming a sales price of $1,100,000, calculate the after-tax cash flow from the sale (dont forget the depreciation...

The office currently has the following full-time equivalents (FTEs): 1.5 surgeons, 2 ASRs, 2RNs, and 1 CA. Suppose that in the following year, the office will have 5,400 plagiocephaly visits, 2,000...

Monte Company acquired 70% of the stock of Mo Company on 1 January 2018, for $150,000. On this date, the balances of Mos stockholders equity accounts were: Common Stock, $130,000, and Retained...

Standard Food Company plans to establish a new production line for producing ice creams. The equipment costs $500,000 with a 10-year life. For depreciation the company is using MACRS method (you need...

You need to calculate the Average Days on Lot based on MSRP and/or Types using the Inventory data. n. Enter functions into the Average Days on Lot chart area that calculate the following: Insert a...

Part 1: Calculate the companys Weighted Average Cost of Capital (30 marks) a) Calculate the before-tax cost of bank loans, mortgage loans, and corporate bonds (6 marks). b) Calculate the (market)...

Estimate damages for lost operation profit for years 3 through 5 from lost sales due to infringement as of June 30th, year 6, which is the estimated date of the completion of the patent infringement...

Jane is considering investing in three different stocks or creating three distinct two- stock portfolios. Jane considers herself to be a rather conservative investor. She is able to obtain forecasted...

A 20-year loan of 150,000 is negotiated with the borrower agreeing to repay principal and interest at 5%. A level payment of 9,000 will apply during the first ten years and a higher level payment...

Prior to @Home Network's merger with Excite for $6.7 billion, Excite's market value was about $3.5 billion. The new company combined the search engine capabilities of one of the best-known brands (at...

The Sweet Candy Company includes in its product line a number of different mixed nut products. The Chalet nut mix is required to have no more than 25 percent peanuts and no less than 40 percent...

essay on the United Nations Human Rights Council's 2017 report on the financialization of housing (relevant links below). You may either agree or disagree with the report. Your grade should not...

Compute the initial price of a swaption that matures at time t =5 and has a strike of 0. The underlying swap is the same swap as described in the previous question with a notional of 1 million. To be...

You have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is...

A Pharma company has recently recruited 4 scientists at an average age of 27 and is looking to develop quite a few pharmacological formulations. With a view to retain them the company proposes to...

Table 1: Calculation of 3 month forward rates using the simple interest rate parity principle (4 marks) Exchange rate Forward rate 3 months Workings (show calculations in this column) from now...

Construct a rough retirement budget. Adjust the average social security check of $1,422 at 2% inflation until your retirement date. Do the same with your expenses. Determine the difference between...

(1) You've done a great job modeling our new SIM system! I'd like to consider the possibility of an off-the-shelf solution. Let's see what software is out on the market. I'd like you to research...

Hooyay is a low cost manufacturer of smartphones in Myanmar. They recently listed in 2017 on the Singapore Exchange and did not issue any dividends for 2017 and have no plans to for 2018. They do...

A firm can get $1,000,000 in exchange of 25% of its equity. After investing the amount raised in the firm, the firm expects to generate $300,000 in FCF next year which is expected to grow at 3% in...

4. Testing Services Inc. is expected to have earnings of $6 per share this com- ing year. It expects earning will grow at 15% for three years. The company projects that from the third year (time 3)...

The Flights_data.twbx Tableau file contains information on all U.S. airline flights from 2010 and 2011. Create a Tableau workbook to answer each of the following questions: A quick viz of flights...

HCA Healthcare is considering an acquisition of Mission Health. Mission Health is a publicly traded company, and its current beta is 1.30. Mission Health has been barely profitable and had paid an...

In order to supplement his income working in a craft store, Mr. John Collins has decided to start a home-based business that will specialize in selling used vintage records. Mr. Collins has always...

Petro Refinery LLC is a Kazakhstan-based oil refinery. Its main focus is on providing refined petroleum products to markets in China, the United States, and several European Union countries. The...

An investment bank has the following customers. Investor A Long forward contract to buy 1000 ounces of gold at HK$10000 per ounce in 3 months Investor B Short European put options to sell 500 ounces...

Organize Meeting and Interpretation (OMI) is an international organization that offers event organization for world leaders to gather and discuss important world issues. OMI determines the location...

Perth International anticipates a 5.98 percent increase in the year-one income of its subsidiaries in year-two. It has information that the current 4.22 percent, 8.37 per cent, 13.46 per cent and...

Consider a REIT that holds high quality office buildings in some of the best locations in the US. The REIT is currently traded at a price of $64/share and there are 130 million shares outstanding....

1. Bare cost and total cost (incl. O&P) of formwork for spread footings (20 pts, specify which lines (or index) in RSMeans data are used) 2. Bare cost and total cost of reinforcement for spread...

CTI Inc. issues 500 callable bonds with par value of $1,000. This callable bond pays 20% annual coupon and matures in 20 years. Its yield is 16% and it is callable at the end of year 5 at par value...

You are the president of XYZ Manufacturing company. You have recently learned about the following issue: A month ago, the company's general manager (GM) told one of the line managers to produce an...

A large hospital is soliciting competitive bids to contractors for the construction of a new wing. The hospitals procurement auction will use a first-price sealed-bid mechanism. Your construction...