1 Mortgage Loan Analysis Mr Davidson Plans To Buy A House At Sugar Land In May 2017 2458949

1: Mortgage Loan Analysis: Mr. Davidson plans to buy a house at Sugar Land in May 2017. The sale price is $580,000. He is going to pay 20% down payments and borrow additional 80% from Bank of America with a 15-year, 3.8% fixed-rate mortgage loan. He is expected to pay an equal MONTHLY payment starting from June 2017 for a total of 15 years.

(1) Calculate the required monthly mortgage payment for Mr. Davidson.

(2) Construct the 2017~2025 amortization table for Mr. Davidson.

(1)   When Mr. Davidson prepares his 2017 tax filing, what is the total mortgage interest payment that he can consider for deduction?

 
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1 Most Companies When Computing Or Estimating Costs For A Job Will Add In An Overhea 2573842

1. Most companies, when computing or estimating costs for a job, will add in an overhead cost, often tying that cost to some direct cost, such as direct labor. What costs are usually included in this overhead cost?

2. In lean manufacturing system designs (aka the Toyota production system), the quality control is integrated into the design of the lean shop. How is quality controlled in the job shop?

 

 
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1 Modify The Code In Section 4 7 To Apply An Exponential Time Decay Factor 2 Conside 2664291

1. Modify the code in Section 4.7 to apply an exponential time-decay factor.

2. Consider you have applied meta-labels to events determined by a trend-following model. Suppose that two thirds of the labels are 0 and one third of the labels are 1.

(a) What happens if you fit a classifier without balancing class weights?

(b) A label 1 means a true positive, and a label 0 means a false positive. By applying balanced class weights, we are forcing the classifier to pay more attention to the true positives, and less attention to the false positives. Why does that make sense?

(c) What is the distribution of the predicted labels, before and after applying balanced class weights?

 

 
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1 Minneapolis Manufacturing Inc S Ceo Has Asked You To Provide The Relevant Journal 2766079

1. Minneapolis Manufacturing Inc.’s CEO has asked you to provide the relevant journal entries using the following acquisition information.

Note: The CEO has not decided whether they will purchase Bloomington Re-Bar Company using the “Asset Acquisition Method” or the “Stock Acquisition Method.”

Required:

A. Prepare the journal entryassuming Minneapolis Manufacturing Inc. decided to purchase Bloomington Re-Bar Company for $13,000,000 in an Asset Acquisition.

B. Prepare the journal entryassuming Minneapolis Manufacturing Inc. decided to purchase 100%of Bloomington Re-Bar Company for $13,000,000 in a Stock Acquisition.

C. Prepare the journal entryassuming Minneapolis Manufacturing Inc. decided to purchase 75%of Bloomington Re-Bar Company for $9,000,000 in a Stock Acquisition.

D. For scenario C.(75% Stock Acquisition – above) prepare a CAD. In addition, prepare the necessaryworkpaper elimination entriesnecessary to complete a consolidated financial statement workpaper.

2. St. Paul Sewer Inc. purchased 70%of Pipestone Pipe Inc. in a Stock Acquisition.The CEO of St. Paul Sewer Inc. mentioned that there is an accounts receivable due from Pipestone Pipe Inc. in the amount of $12,000. How should St. Paul Sewer Inc. account for this inter-company (affiliated company) receivable?Provide the journal entrywith your explanation.

3. The Difference between Implied and Book Value account is:

a) an account necessary for the preparation of consolidated working papers.

b) the excess implied value assigned to goodwill.

c) the unamortized excess that cannot be assigned to any related balance sheet accounts

d) used in allocating the amounts paid for recorded balance sheet accounts that are different than their fair values.

Quiz continues on page 2è

Ethics Scenario:

You have just joined a company as a new staff accountant. Your company is in an acquisition mode (acquiring 5 to 10 smaller companies each of the last 4 years). You are excited to hear that you are going with an acquisition team to facilitate another acquisition (Company X). You have been instructed to sit down with Company X’s controller and explain some pre-acquisition (before the acquisition is finalized) accounting expectations.

Expectations for Company X before the acquisition is finalized.

1. Company X is expected to accelerate the payment of liabilities

2. Company X is expected to delay recording the collections of revenue

3. Company X is expected to increase the estimated amounts in reserve accounts

As you are driving to the Company X headquarters, your gut is telling you something is not right? You pull your car over and call your old classmate who is now an auditor for Ernst and Young. You explain the “expectations” and your old classmate provides the following feedback…

(Old Classmate) There are ways that the three expectations could be managedwithin the rules provided by GAAP, but would be regarded by many as pushing the limitsof GAAP.

Not satisfied with your old classmates answer you call your old accounting professor. Your accounting professor reminds you what he used to say in class,

(Old Professor) “There are gray areas in accounting that many accountants will be influenced to step into. Often, this results in unethical behavior (at a minimum) and in many cases results in illegal acts.” “It’s a dangerous path and I recommend that you stay away from gray.”

1. What effect does each of the three items have on the reported net income of the acquired company before the acquisition and on the reported net income of the combined company in the first year of the acquisition and future years?

2. What effect does each of the three items have on the cash from operations of the acquired company before the acquisition and on the cash from operations of the combined company in the first year of the acquisition and future years?

3. If you are the controller of Company X, how would you respond to these suggestions?

 
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1 Minimum Cash Balance Of Br 10 000 The Cost That Converts Marketable Securities Mss 2840306

1. minimum cash balance of Br.10, 000. The cost that converts marketable securities (MSs) to cash is Br.30; the firm’s marketable securities portfolio earns and 12%annual return. The standard division of ADRs daily net cash flows is estimated to be Br.150.

Required: Compute

A. The distance b/n the upper and the lower limits(Z)

B. The upper limit

The average cash balance and the target cash balance

 
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1 Mention In Details And Equations The Different Of Producing Phosphoric Acid From P 2266152

1- Mention in details and equations the different of producing phosphoric acid from phosphate?

 
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1 Midwest Packaging S Roe Last Year Was Only 3 Percent But Its Management Has Develo 2841468

1. Midwest Packaging’s ROE last year was only 3 percent, but itsmanagement has developed a new operating plan designed to improve things. Thenew plan calls for a total debt ratio of 60 percent, which will result ininterest charges of $300,000 per year. Management projects an EBIT of$1,000,000 on sales of $10,000,000, and it expects to havea total assetsturnover ratio of 2.0. Under these conditions, the tax rate will be 34 percent.If the changes are made, what return on equity will the company earn?

 
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1 On March 1 2017 Beldon Corporation Purchased Land As A Factory 2419265

  1. On March 1, 2017, Beldon Corporation purchased land as a factory site for $62251. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below:
  • Demolition of old building $4694
  • Architect’s fees for new building $11120
  • Legal fees for title investigation of land $1622
  • Property taxes on land for period beginning March 1, 2017 $3065
  • Construction costs $491792 Interest on construction loan $4896
  • Salvaged materials resulting from the demolition of the old building were sold for $2061

Required: Determine the amounts that Beldon should capitalize as the cost of the building only.Answer in dollars and cents ($0.00).
Answer:

  1. On March 1, 2017, Beldon Corporation purchased land as a factory site for $50743. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below:
  • Demolition of old building $3630

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On March 1, 2017, Beldon Corporation purchased land as a factory site for $62251. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below: Demolition of old building $4694 Architect’s fees for new building $11120 Legal fees for title investigation of land $1622 Property taxes on land for period beginning March 1, 2017 $3065 Construction costs $491792 Interest on construction loan $4896 Salvaged materials resulting from the demolition of the old building were sold for $2061 Required: Determine the amounts that Beldon should capitalize as the cost of the building only.  Answer in dollars and cents ($ 0.00 ). Answer: On March 1, 2017, Beldon Corporation purchased land as a factory site for $50743. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below: Demolition of old building $3630 Architect’s fees for new building $11423 Legal fees for title investigation of land $1992 Property taxes on land for period beginning March 1, 2016 $2948 Construction costs $517411 Interest on construction loan $6506 Salvaged materials resulting from the demolition of the old building were sold for $1711 Required: Determine the amounts that Beldon should expense as operating costs.  Answer in dollars and cents ($ 0.00 ). On March 1, 2017, Beldon Corporation purchased land as a factory site for $58780. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below: Demolition of old building $3180 Architect’s fees for new building $11294 Legal fees for title investigation of land $2041 Property taxes on land for period beginning March 1, 2017 $2118 Construction costs $483848 Interest on construction loan $5558 Salvaged…

Attachments:

Homework-Ch-1….docx

 
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1 Mattela 1s Global Sourcing In China Like All Other Toy Manufacturers Was Based On 1205498

1.MattelA????1s global sourcing in China, like all other toymanufacturers, was based on both low-cost labor, and a growingcritical mass of factories competitively vying for contractmanufacturing business. Do you think the product recalls andproduct quality problems are separate from or part of pursuing alow-cost country strategy?

2.Whether it is lead paint on toys or defective sliding slideson baby cribs, whose responsibility do you think it is to assuresafety A????1 the company, like Mattel, or the country, in this caseChina?

3.Many international trade and development experts argue thatChina is just now discovering the difference between being a majoreconomic player in global business and its previous peripheral roleas a low-cost manufacturing site on the periphery of the worldeconomy. What do you think?

 
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1 On A Dollar Bar Series On E Mini S P 500 Futures A Compute Smt For Sm Poly1 And Sm 2664120

1. On a dollar bar series on E-mini S&P 500 futures,

(a) Compute SMT for SM-Poly1 and SM-Poly 2, where 𝜑 = 1. What is their correlation?

(b) Compute SMT for SM-Exp, where 𝜑 = 1 and 𝜑 = 0.5. What is their correlation?

(c) Compute SMT for SM-Power, where 𝜑 = 1 and 𝜑 = 0.5. What is their correlation?

 

2. If you compute the reciprocal of each price, the series  turns bubbles into bursts and bursts into bubbles.

(a) Is this transformation needed, to identify bursts?

(b) What methods in this chapter can identify bursts without requiring this transformation?

 

 
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