Finance

MBA 655 Quiz 2 BioCom, Inc.: Part 1 BioCom was founded in 1993, when several scientists and engineers at a large fiber-optic-cable company began to see that optical fiber for the telecommunications industry was becoming a cheap commodity. They decided to start their own firm, which would specialize in cutting-edge applications for research in the … Continue reading "Finance"

The assets of Dallas & Associates consist entirely of current assets and net plant and…

The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.4 million and net plant and equipment equals $2 million. It has notes payable of $140,000, long-term debt of $748,000, and total common equity of $1.55 million. The firm does have accounts payable … Continue reading "The assets of Dallas & Associates consist entirely of current assets and net plant and…"

Costello Corporation manufactures a single product. The standard cost per unit of product is shown..

Costello Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—3 pound plastic at $7.77 per pound $ 23.31 Direct labor—1.00 hours at $11.00 per hour 11.00 Variable manufacturing overhead 7.50 Fixed manufacturing overhead 4.50 Total standard cost per unit $46.31 The predetermined manufacturing overhead rate is $12 … Continue reading "Costello Corporation manufactures a single product. The standard cost per unit of product is shown.."

time value of money

see attached file instructions are to step by step either by excel or as to impute in calculator to get answer Document Preview: #1. Assume that a firm makes a $2,500 deposit into its money market account. If this account is currently paying 0.7% (yes, that’s right, less than 1%), what will the account balance … Continue reading "time value of money"

P 10-8. The balance sheet for December 31, 2007, income statement for the year ended December 31,…

P 10-8. The balance sheet for December 31, 2007, income statement for the year ended December 31, 2007, and the statement of cash flows for the year ended December 31, 2007, of Bernett Company are shown below and on the following page. The president of Bernett Company cannot understand why Bernett is having trouble paying … Continue reading "P 10-8. The balance sheet for December 31, 2007, income statement for the year ended December 31,…"

Financial Accounting

I have given the link that provides the information to answer the questions asked in the document. Attachments: Question.doc

Yield to Maturity Heymann Company bonds have 4 years left to maturity. Interest is paid annually,…

Yield to Maturity Heymann Company bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9%. a. What is the yield to maturity at a current market price of (1) $829 and (2) $1,104? b. Would you pay $829 for each … Continue reading "Yield to Maturity Heymann Company bonds have 4 years left to maturity. Interest is paid annually,…"