Accounting Help for College and University Students

Calculate EVA; Cost of Capital

The condensed income statement and balance sheet for Indelay, Inc.'s software plant is provided in the attached table. a. Calculate the plant's EVA. Assume the cost of capital is 14 percent. b. As the table above shows, the plant is carried on Indelay's books at $165.97 million. However, it is a modern plant, and could be ...continues

Balanced Scorecard

1. If there is such a thing as an "unbalanced scorecard" what would you say it is? 2. Can you think of ways that "outsiders" to the firm could identify if a company is using a balanced scorecard approach? 3. What is a personal scorecard? 4. Identify how a student could use balanced scorecard perspectives to pursue educational ...continues

4172-stock

5. Why is it more difficult to predict the direction of stock prices after new information in released than it is to predict bond prices or exchange rates?

4208-acctg

Details: Marmon Company is a collection of more than 100 different operating companies with revenues of more than $6 billion. Its member companies manufacture such diverse products as copper tubing, water purification products, railroad tank cars, and store fixtures, and they provide services such as credit information for banks ...continues

GAAP, FASB, SEC....

Dear OTA, What is the relationship among GAAP, FASB, and the SEC?

Computing average costs

I am having a problem with my calculations for requirement "b" (computing the average process cost per unit sold of each of the three product lines) and requirement "c" (computing the average process costs per unit sold during a comparable period). See attached for more details

Determining which investment is preferrable

Consider two investment alternatives with the following projected cash flows. -Investment #1 (Year 1 is $10,000, Year 2 is $10,000, Year 3 is $10,000). -Investment #2 (Year 1 is $0, Year 2 is $10,000, Year 3 is $25,000). Can we assume that Investment 2 is preferable because its total cash flow over the three-year period i ...continues

Benefit of adding deductible expenses if there is already a NOL

If a corporation expects to have a tax net operating loss in the current year, what tax benefit, if any, could it derive from additional deductible expenditures?

Tax affect of employing family members

Mrs. Kanisha is the owner of Kanisha?s Sub Shop. In order to lower her taxable income from the shop, Mrs. Kanisha ?employs? her three-year-old daughter as a janitor at a salary of $200 per week. a. Does Mrs. Kanisha?s employment of her daughter reflect economic reality? b. Should Mrs. Kanisha be allowed to deduct the salar ...continues

When is discount rate not stable over time?

Under what circumstances might it not be appropriate to assume that the discount rate is stable over time?