You have just invented a new product that you believe will make you a millionaire in Canada.  However, you do not have sufficient funds to start a company.  You have heard that you may get assistance from venture capital organizations or angel investors.  You have decided to do some research on the Internet to get more information about venture capital organizations and angel investors in […]

Determine the NPV of the following project for Company X. The project is equally as risky as the company itself. The project will cost $20 million to get running in the first year. The cash flows produced from the project will be: $1M in year 1 $2M in year 2$4M in year 3$5M in years 4-10At the end of 10 years the project will end with zero […]

Nugent Communication Corp. is investing $10,800,655 in new technologies. The company expects significant benefits in the first three years after installation (as can be seen by the following cash flows), and smaller constant benefits in each of the next four years. Year 1 2 3 4-7 Cash Flows $1,881,669 $4,910,654 $3,028,856 $1,537,250  What is the discounted payback period for the project assuming a discount rate of […]

Accrual accounting requires estimates of future outcomes.For example, the reserve for bad debts is a forecast of the amount of current receivables that will ultimately prove unconllectiable.Required: Identify and explain three reasons why accounting information might deviate from the underlying economic reality.Cite examples of transations that might give rise to each of the reasons.

Ellison Inc., a manufacturer of steel school lockers, plans to purchase a new punch press for use in its manufacturing process. After contacting the appropriate vendors, the purchasing department received differing terms and options from each vendor. The Engineering Department has determined that each vendor’s punch press is substantially identical and each has a useful life of 20 years. In addition, Engineering has estimated that […]

BUS 475 Final Exam 2014 – Set 4   100 Answers from 2014 BUS/475 Final Exam   Reviewed and Prepared by ACCNerd.com. Thank you!   1) Which one of the following is a product cost? A.   Indirect labor B.   Sales person’s salaries C.   Office salaries D.   Advertising costs  2) Lucy starts her own psychiatric practice, but her expenditures to open the […]

5-1 The metropolis Health Systems Rehabilitation and wellness center offers outpatient therapy and return to work services plus cardiac and pulmonary rehabilitation to get people back to a normal way of living expenses include  nursing salaries physical therapist saleries occupational therapist salaries cardiac rehab salaries pulmonary rehab saleries patient education coordinator salary nursing supplies physical therapist supplies  occupational therapist supplies cardiact rehab supplies pulmonary rehab […]

FIN 4100 Financial Institution Management Fall 2014 Vaughn Armstrong Due October 28, 2014   This assignment is open book and open note. You may consult other books, articles, or internet sites (provided the sites do not respond to specific questions you pose).   On questions that require calculations, you may receive partial credit for answers that are not wholly correct if you include your calculations.  […]

Performance Assessment-Dq 1 Read the article, “Time to scrap performance appraisals?” Based on the information presented in the article, discuss the following: The author stated, “People are inspired and motivated by positive, constructive feedback – and the “appraisal” process almost always works against this.” Do you agree with this statement? Why? How would you develop a “feedback-rich” culture and set of tools to encourage all […]

Question 1 The areas where management is more likely to misstate transactions are riskier for the auditor becausethe auditor will be the subject of legal action.the auditor probably will not have enough time to identify these areas.failing to correct the misstatements may lead to issuing a clean opinion on materially misstated financial statements.failing to correct the misstatements may lead to issuing a qualified opinion on materially […]