In its 2004 annual report, Apple Computer reported the following in one of its disclosure notes: “Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized.” This note exemplifies Apple’s use of:
In its 2004 annual report, Apple Computer reported the following in one of its disclosure notes: “Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized.” This note exemplifies Apple’s use of:
Please help with the Matlab question. Please let me know any scripts. Thanks
In iterative equation for solving the equation x? – x – 1 = 0 is given byXr+1 =1+ (1/xr) for r= 0,1, 2, …Given xo is 2, write a MATLAB script to solve the equation. Sufficient accuracy isobtained when |xr+1 – xrl < 0.0005. Include a check on the answer.
In investigating which of two presentations of subject matter to use in a computerprogrammed course, an experimenter randomly chose two groups of 18 students each, and assigned one group to receive presentation I and the second to receive presentation II. A short quiz on the presentation was given to each group and their grades recorded. Do the following data indicate that the difference in the mean quiz scores (hence difference in effectiveness of presentation) exists for the two methods? Find the approximate p-value, interpret your results and state your assumptions.(α = 0.05)
Presentation I: mean=81.7, std dev=23.2
Presentation II: mean=77.2, std dev= 19.8
Pooled-Variance t Test for the Difference Between Two Means(assumes equal population variances)DataHypothesized Difference0Level of Significance0.05Population 1 SampleSample Size18Sample…
In January of 2005, the country of Greeze issued 10-year, 8% coupon bonds, with interest paid
annually on 12/31. The bonds sold at par on 1/1/2005. On 12/31/2005, Greeze paid the required interest, but then announced that they had no intention of paying the rest of what they owed.
Greeze said that going forward, they would pay only 4% for the remaining 9 years. And at maturity, investors should only expect to receive $600, instead of the $1,000 par value. Bond investors worldwide accepted the offer (rather than declaring war). And all bond investors agree that an appropriate discount rate for the remaining cash flows was 15%.
What is the resulting YTM for this bond?
In January of 1997, the price of Intel common stock rose from $131 per share to $162 per share. (Intel makes the processors for the computers you have been happily using.) What percent increase is this?
In January 2015, several large multinational corporations announced lower than expected earnings for the fourth quarter of 2014. Many blamed the monotonous profits on a strong dollar. How does this work? When the dollar gains value against foreign currencies, why does it hurt U.S. exports? How could this affect the demand for dollars and ultimately affect the exchange rate?
In January 2015, Mitzu Co. pays $2,600,000 for a tract of land with two buildings on it. It plans to demolish building 1 and build a new store in its place. Building 2 will be a company office; it is appraised at $644,000 with a useful life of 20 years and a $60,000 salvage value. A lighted parking lot near building 1 has improvements (Land Improvements 1) valued at $420,000 that are expected to last another 12 years with no salvage value. Without the buildings and improvements, the tract of land is valued at 1,736,000. The company also incurs the following additional costs:
Cost to demolish building 1 – $328,400
Cost of additional land grading – $175,400
Cost to construct new building (building 3), having a useful life of 25 years and a $392,000 salvage value – $2,202,000
Cost of new land improvements (Land Improvements 2) near building 2 having a 20 year life and no salvage value – $164,000
Required:
1. Prepare a table with the following column headings: Land, Building 2, Building 3, Land Improvements 1, and Land Improvements 2. Allocate the costs incurred by Mitzu to the appropriate columns and total each column (round to nearest 1%).
2. Prepare a single journal entry to record all the incurred costs assuming they are paid in cash on January 1, 2015.
2. Using the Straight- Line Method, prepare the December 31 adjusting entries to record depreciation for the 12 months pf 2015 when these assets were in use.
Solution:Part 1:Purchase Price Purchase PriceCost of DemolishCost of Additional Land GradingCost of Construction of New BuildingCost of New Land Improvements Allocation of CostLandBuilding…
IN light of the securities fraud committed by Bernard Madoff write an essay of 1-2 pages indicating what the SEC could have done to prevent this type of fraud. In your essay consider whether the failure of the SEC to prevent fraudulent conduct related to financial investment might inhibit foreign investors from trading and investing in US financial exchanges.
In January 2012, Verizon stated that 4G LTE is available in 190 cities covering 200 million American subscribers. According to AT&T’s Website, they had plans for covering 20 million Americans in 15 markets by end of 2011. Conclude why Verizon is able to cover more markets than AT&T.
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