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Gael Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 185,000 shares of stock outstanding. Under Plan II, there would be 135,000 shares of stock outstanding and $2.29 million in debt outstanding. The interest rate on the debt is 5 percent and there are no taxes.

Use M&M Proposition I to find the price per share. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is the value of the firm under each of the two proposed plans? (Do not round intermediate calculations and round your answers to the nearest whole dollar amount, e.g., 32.)

  1. Share price $ per share = $______
  2. Levered plan = $______
 
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a.    Identify the risks associated with the current method of handling accounting records at Frankincents Machining Limited.

b.    Identify those activities that Frank should handle in sales, accounts receivable, cash disbursements, and payroll. Explain why.

 
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Gabe, a nuclear physicist, needs 60 liters of a 60% acid solution. He currently has a 50% solution and a 70% solution. How many liters of each does he need to make the needed 60 liters of 60% acid solution?Gabe needs _______ liters of the 50% solution.He also needs _____ liters of the 70% solution.Please answer this problem and the 5 attached problems ASAP. Please provide only the answers. Thank you.

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Solution 1:Gabe needs 30 liters of the 50% solution.He also needs 30 liters of the 70% solution. Problem 19_Y=29/5=5.8Problem 20:Problem 21:Problem 22:NeitherProblem 23_GCF=4xyProblem…

 
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GAAP regarding accounting for income taxes requires the following procedure: Computation of deferred tax assets and liabilities based on temporary differences. Computation of deferred income tax based on permanent differences. Computation of income tax expense based on taxable income. Computation of deferred income tax based on temporary and permanent differences

 
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GAAP. Does it appear that U.S. GAAP is more or less conservative than U.K. GAAP? What could be the main reasons for this? To what extent do the results affect your assessments of comparative corporate performance?

 
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Home Town Realty

You work for a local real estate agency called Home Town Realty. It has a running Excel workbook of all properties it is permitted to show including both sold and unsold properties. The sales people use this workbook as a reference point to see whether houses have sold or new listings are available when out with prospective buyers. You received a new set of listings from another agency and need to add them to your existing workbook.

Perform Preliminary Work

You will make a new worksheet title row to enhance the worksheet’s appearance.

a.   Open 01_test_chap_data1 and save as 01_test_chap_LastFirst.

b.   Type Home Town Realty in cell A1. Merge and center cells A1:H1.

c.    Change the column width of column D to 5.0 characters (40 pixels).

Add Newly Provided Listings

North Hills Properties has provided new listings that need to be added to the existing listings you have on file.

d.   Add a new worksheet named NH Listings.

e.   Open 01_test_chap_data2 and copy the new listings. Close 01_test_chap_data2. Use the Paste option (Keep Source Column Widths) to paste the new listings into the NH Listings worksheet.

f.     You realize the column names do not match your existing listings. Insert a column before Street and enter House ID in A1. Type 112 into cell A2.

g.   Make a formula in cell A3 that increases cell A2 by 1. Use AutoFill to add House ID to each row in the worksheet.

h.   Insert a column before Sold and label it Listing Agency. Add the listing agency in cell F2 as North Hills Properties. Use the AutoFill to fill the remaining Listing Agency fields as North Hills Properties.

i.     Copy cells A2:H5 from the NH Listings worksheet and paste them into cell A13 in the Listing worksheet.

j.     Apply text wrapping to column F so that the entire listing agency name is visible.

Manually Update Records

You are missing house 111 from the list that was sold last week. You need to re-enter the data.

k.    Insert a row after House ID 110 and enter the following information:

·      House ID = 111

·      Street = 1243 Ben Franklin Pkwy.

·      City, State, Zip = Philadelphia, PA 19121

·      Listing Agency = Home Town Realty

·      Sold = Yes

·      Date = 4/12/17

l.     One of the sellers has decided to not sell their property and wants to have their listing removed. Delete the entire row for House ID 108.

Finalize the Workbook

You will add a custom footer and change the page orientation.

m.  Add a custom footer that includes your First Name and Last Name, Instructor Name, and Date.

n.   Set the page orientation to Landscape.

o.   Save and close the file. Based on your instructor’s directions submit 01_test_chap_LastFirst.

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G7XfixABCDEFGHK-House ID StreetCityState ZipSoldDateN1112 3191 Walnut StreetPhiladelphiaPA191043113 234 South StreetPhhiladelphiaPA19111A114 322 Pepper RunCherry HillNJ08002LO115 1121 Easy StreetPhiladelphiaPA19122O)78O1011121314Sheet1Sheet2 Sheet3+Ready160%

 
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G4-Subj = “Business and Society- What ex ante approach is based on the principle that more complete contractscan be more effi cient?a) Liquidated damagesb) Duress damagesc) Consequential damagesd) Expectation damages

What ex ante approach is based on the principle that more complete contractscan be more efficient?a) Liquidated damagesb) Duress damagesc) Consequential damagesd) Expectation damagesAnswer:…

 
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Galactosemia is a recessive human disease that is treatable by restricting lactose and glucose in the diet. Susan Smithers and her husband are both heterozygous for the galactosemia gene.

If the couple has four children, what is the probability that the first two will have galactosemia and the second two will not?

ANSWER: (1/4 x 1/4 x 3/4 x 3/4)6 = 54/256

Where did the 6 come from? I know order matters but what does the 6 mean?

 
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Hello, I need help checking my answers and answering the increase in consumption question in the end.

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4 . Gains from trade Consider two neighboring island countries called Euphoria and Arcadia. They each have 4 million labor hours available per month that they can use to produce jeans, rye, or a combination of both. The following table shows the amount of jeans or rye that can be produced using 1 hour of labor. Jeans RyeCountry (Pairs per hour of labor) (Bushels per hour of labor) Euphoria 8 32Arcadia 12 24 Initially, suppose Arcadia uses 1 million hours of labor per month to produce jeans and 3 million hours per month to produce rye, while Euphoria uses3 million hours of labor per month to produce jeans and 1 million hours per month to produce rye. Consequently, Euphoria produces 24 million pairs ofjeans and 32 million bushels of rye, and Arcadia produces 12 million pairs of jeans and 72 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces. Euphoria’s opportunity cost of producing 1 pair of jeans is 4 bushels v of rye, and Arcadia’s opportunity cost of producing 1 pair of jeans is2 bushels V of rye. Therefore, Arcadia V has a comparative advantage in the production of jeans, and Euphoria V has a comparative advantage in the production of rye.

 
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3. Gains from trade

Consider two neighboring island countries called Dolorium and Arcadia. They each have 4 million labor hours available per week that they can use to produce corn, jeans, or a combination of both. The following table shows the amount of corn or jeans that can be produced using 1 hour of labor.

CountryCornJeans(Bushels per hour of labor)(Pairs per hour of labor)Dolorium832Arcadia1224Initially, suppose Arcadia uses 1 million hours of labor per week to produce corn and 3 million hours per week to produce jeans, while Dolorium uses 3 million hours of labor per week to produce corn and 1 million hours per week to produce jeans. Consequently, Dolorium produces 24 million bushels of corn and 32 million pairs of jeans, and Arcadia produces 12 million bushels of corn and 72 million pairs of jeans. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of corn and jeans it produces.

Dolorium’s opportunity cost of producing 1 bushel of corn is4 pairs  of jeans, and Arcadia’s opportunity cost of producing 1 bushel of corn is2 pairs  of jeans. Therefore,Arcadia  has a comparative advantage in the production of corn, andDolorium  has a comparative advantage in the production of jeans.

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces corn will producemillion bushels per week, and the country that produces jeans will producemillion pairs per week.

In the following table, enter each country’s production decision on the third row of the table (marked “Production”).

Suppose the country that produces corn trades 26 million bushels of corn to the other country in exchange for 78 million pairs of jeans.

In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked “Trade Action,” and enter each country’s final consumption of each good on the line marked “Consumption.”

When the two countries did not specialize, the total production of corn was 36 million bushels per week, and the total production of jeans was 104 million pairs per week. Because of specialization, the total production of corn has increased bymillion bushels per week, and the total production of jeans has increased bymillion pairs per week.

Because the two countries produce more corn and more jeans under specialization, each country is able to gain from trade.

Calculate the gains from trade—that is, the amount by which each country has increased its consumption of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked “Increase in Consumption”).

Dolorium

Arcadia

CornJeansCornJeans(Millions of bushels)(Millions of pairs)(Millions of bushels)(Millions of pairs)Without TradeProduction24321272Consumption24321272With TradeProductionTrade action    ConsumptionGains from TradeIncrease in Consumption

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