Frederick Company has two service departments (Cafeteria Services & Maintenance). Frederick has two production departments (Assembly Department & Packaging Department.) Frederick uses a step allocation method where Cafeteria Services is allocated to all departments and Maintenance Services is allocated to the production departments. All allocations are based on total employees. Cafeteria Services has costs of $190,000 and Maintenance has costs of $190,000 before any allocations. What amount of Maintenance total cost is allocated to the Packaging Department? (round to closest whole dollar) Employees are:

           Cafeteria Services           4 

           Maintenance                5

      Assembly Department       10

      Packaging Department       7

 
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Frederick & Co. expects its EBIT to be $92,000 every year forever. The firm can borrow at 9%. Frederick currently has no debt, and its cost of equity is 15%. If the tax rate is 35%, what is the value of the firm? What will the value be if the company borrows $60,000 and uses the proceeds to repurchase shares?

Question:Frederick & Co. expects its EBIT to be $92,000 every year forever. The firm can borrow at 9%.Frederick currently has no debt, and its cost of equity is 15%. If the tax rate is 35%,…

 
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Freddie and Jason have just opened the Texas Toothpick,a chain-saw sharpening and repair service located onElm Street. The Texas Toothpick promises same-weekrepair service. Freddie and Jason are concerned that aprojected dramatic increase in demand as the end ofOctober nears will cause service to deteriorate. Freddieand Jason have had difficulty attracting employees, sothey are the only workers available to complete the work.Safety considerations require that they each work nomore than 40 hours per week. The first chain-saw sharpeningand repair required 7 hours of work, and an 80 percentlearning curve is anticipated.Cumulative Units8273764a. How many total hours are required to complete 64chain saws?b. How many hours of work are required for the weekending on Friday the 13th?c. Will Freddie and Jason be able to keep their sameweekservice promise during their busiest week justbefore Halloween?

Units124816321 Cumulative units TimeTime needed17735.611.274.4817.92153.58428.672312.8672 45.875263 2.29376 73.4003264 1.835008 1.835008 Always a multiple of 2 Step 1:Step…

 
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Fred took his friend, Mary, out to dinner on her birthday. While driving Mary home, Fred became ill and asked Mary to drive.  While driving Fred’s car, Mary negligently injured another motorist when she failed to top at a red light. 

Fred has an auto insurance policy with a liability insurance limit of $250,000 per person for bodily injury liability. Mary has a similar auto insurance policy with a liability limit of $100,000 per person.

1) If a court awards a liability judgment of $100,000 against Mary, how much, if any, will each insurer pay?  Explain your answer.

2) If the liability judgment is $300,000, how much, if any, will each insurer pay?  Explain your answer.

3) Assume that Fred cannot afford to pay the premium and lets his auto insurance policy lapse. At the time of the accident, he is uninsured. If the liability judgment against Mary is $100,000, how much, if any, will Mary’s insurer pay? Explain your answer.  

 
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Fred Sweet runs one of those Arthur Murray-style dancing classes for middle-aged and elderly people. Some of Fred’s customers lack physical coordination, and injuries from kicks, falls, etc. are more common than you’d think. Fred naturally fears that injured customers will sue him in negligence. Thus, he makes each customer sign a written contract containing a clause relieving Fred of all liability for injuries suffered during his dancing classes. However, fearful that he will lose business if potential customers become aware of his strategy, Fred states the clause in fine print and doesn’t point it out to them. An injured customer sues Fred in negligence. Fred wants to defend on the basis of the clause in the contract. Which of the following is the biggest weakness in Fred’s position?

 
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Fred Franks is an aspiring entrepreneur. His dream is to open a restaurant that deep-fries everything. Deep-fried Twinkies, deep-fried hotdogs, and deep-fried salads were just some of the dishes he wanted to serve. Always a marketing genius, Fred wanted to call his restaurant TGI Fry-Days. He recognized another company was called TGI Fridays, so he made sure to have a very good (and expensive) lawyer.

Fred had $ 100,000 in his bank account, so in order to start TGI Fry-Days, he needed to borrow money. His bank asked for a full business plan with projected startup costs, pro forma income statement, and pro forma cash flow statement (no pro forma balance sheet needed). 

1. Complete all the financial statements for Fred (do not need a balance sheet).

2. How much income will Fred make in Y1?

3. What advice do you have for Fred about his summer vacation?

4. Fred’s favorite two days of the year are Valentine’s Day (M2) and Halloween (M10). He wants to hold a special promotion on either Valentines or Halloween. If he has a Valentines Event, he estimates it would cost $ 3,000 in additional marketing and $ 5,000 in new signage, furniture, and equipment. If he has a Halloween Event, he estimates it would cost $ 5,000 in additional marketing and $ 10,000 in new signage, furniture, and equipment. Neither event would bring in more revenue, but Fred doesn’t care because he loves both holidays. Which event do you recommend? Valentine’s Day, Halloween, or both? Why.

Fred’s Available Sources of Financing*Personal Bank Account ."Bank Loan`$ 150,000Interest on the Loan$1, 500 per monthThings Fred Would NeedLostI’seful LifeKitchen Equipment*$ 150,001020 VENTSFurniture & Fixtures*20 Year!Signage$ 10.01010 YearsWorking Capital$ 10.010Revenue ForecastM1 : $30,000MIZ & ME : $40, 100 per monthMA – ME: $55,000 per monthMT . $20, and Itaking a summer vacation with his family*!MB – MIZ . $GO, and per monthVariable Expenses "Wages: 25%’ Of Revenues*Cost of Ginous Sold ( food; . 37%’ of RevenuesMarketing _ 52010 a month , except November & December ! Holiday Season) : $4. 010 a monthNO Taxes . Consider Tul – Fridays to be an LLCOther Expenses ( alphabetical order !{ Soon a monthInsurance*$ 500 a monthLegal FEES$ 2,and a month , but paid as SG, and every 3 months ( starting M!HEnt{ Good a month

 
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Fred owns a delivery truck.  Which of the following costs, associated with the truck, will be treated as a revenue expenditure?

addition to storage capacity

major engine overhaul

oil change and lubrication

modification for new use

which of the following costs, associated with the truck, will be treated as arevenue expenditure?addition to storage capacity major engine overhaul oil change and lubrication

 
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can I get the attached answers complete using the attached spread sheet?

there is 8 questions

  • Attachment 1
  • Attachment 2

Sampling Distributions Real EstateQNT/351 Version 5University of Phoenix Material Sampling Distributions – Real Estate Part 2Directions: Use the real estate data you used for your Week 2…

 
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For each variable, what is the category with the highest frequency or mode?

f.      Weapon :     329/540 =  0.60

g.     Location: 

h.     Motive

i.       Gender:     441/540 =  0.81

  • Attachment 1
  • Attachment 2
 
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Freeze-dried coffe is prepares by freezing brewed coffee and then removing the ice component with a vacuum pump. Describe the Phase changes taking place during this processes.

Principles of Freeze-Drying• Freeze­drying, or lyophilization, is the removal of water from food products by lowering their temperature under low pressure conditions. The ancient Incas of the…

 
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