Question 1
IFRS and Domestic GAAP Comparison David Andersen, the CEO of Declining Corporation, was discussing with his CFO, Diane Corner, whether the company should adopt IFRS for financial reporting purposes. Declining Corporation is based in a country that permits the use of either IFRS or domestic GAAP. "Diane, reporting under our domestic GAAP is much more costly to the company than reporting under IFRS. I understand that fewer disclosures are required under IFRS. Moreover, IFRS provide more choices when it comes to applying accounting methods to our financial statements to produce the most favorable results. And, to be honest with you, the company is going to have to report its first operating loss in over 15 years if we continue to report under our current domestic GAAP. I certainly don't want that to happen while I'm CEO." "I hear you, David, but converting to IFRS might look bad to investors. What if the public finds out that we were trying to hide the opening loss or switched to IFRS to manipulate the bottom line? That could prove even more costly in the long run, while saving the company pennies now." 1. Referring to the conversation above, should Declining corporation prepare this year's financial statements in accordance with its domestic GAAP, or use IFRS? Justify your recommendation and address any concerns. 2. Assume you are the CEO of Declining Corporation, How would you reply to the CEO's suggestion? Summarize your response including why you opted for or against the adoption IFRS. 3. In your opinion, is there anything ethically wrong with the CEO's rationale for the adoption of IFRS? Explain. 4. As Declining Corporation's auditor, would you agree to the switch IFRS?,200
Question 2
Overview - Quiz Page: 1 2 Quiz Question 1. 1. (TCO 1) Which of the below is an accurate citation for a book using APA sixth-edition formatting? (Points : 7) Lencioni, P. (2002). The five dysfunctions of a team: A leadership fable. San Francisco, CA: Jossey Bass. Lencioni, P. (2002) The Five Dysfunctions of a Team: A Leadership Fable. San Francisco, CA: Jossey-Bass. Patrick Lencioni (2002) The five dysfunctions of a team: A leadership fable. San Francisco: CA: Jossey-Bass. The five dysfunctions of a team: A leadership fable , by Lencioni, P. (2002). San Francisco: CA: Jossey-Bass. Question 2. 2. (TCO 1) Which of the below is an accurate citation for a journal article using APA sixth-edition formatting? (Points : 7) Kotter, J. & Rathgeber, H. (2006) Our iceberg is melting: Change under adverse conditions. Leadership Excellence, Vol. 23, Issue 2, p. 11. Kotter, J., & Rathgeber, H. (2006). Our iceberg is melting: Change under adverse conditions. Leadership Excellence, 23(2), 11. John Kotter and Rathgeber, H. (2006) Our iceberg is melting: Change under adverse conditions. Leadership Excellence, 23(2), 11. Our iceberg is melting: Change under adverse conditions, by Kotter, J. & Rathgeber, H. (2006) Leadership Excellence, 23(2), 11. Question 3. 3. (TCO 1) Which of the below is an accurate citation of a website using APA sixth-edition formatting? (Points : 8) Retrieved from http://www.proprofs.com/quiz-school/story.php?title=Test-Your-Knowledge-Avoiding-Plagiarism-1 http://www.proprofs.com/quiz-school/story.php?title=Test-Your-Knowledge-Avoiding-Plagiarism-1 Igrays. (2007). Test your knowledge: Avoiding plagiarism. Retrieved from http://www.proprofs.com/quiz-school/story.php?title=Test-Your-Knowledge-Avoiding-Plagiarism-1 Igrays. (2007) Test Your Knowledge: Avoiding Plagiarism. ProProfs Quiz Maker Website. Question 4. 4. (TCO 1) Which of the below is an accurate citation of a journal using APA sixth-edition formatting? (Points : 8) Kidwell & Scherer (2001) Layoffs and their ethical implications under scientific management, quality management and open-book management. Journal of Business Ethics 29, pp. 113-124. Kidwell, R., & Scherer, P. (2001). Layoffs and their ethical implications under scientific management, quality management and open-book management. Journal of Business Ethics, 29, 113?124. Kidwell, R. & Scherer, P. (2001) Layoffs and their ethical implications under scientific management, quality management and open-book management. Journal of Business Ethics, Vol. 29, 113-124. Kidwell, R. & Scherer, P. (2001). Layoffs and their ethical implications under scientific management, quality management and open-book management. Journal of Business Ethics 29, pp. 113-124. Type: MC Question 5. 5. (TCO 1) Pulitzer winner Thomas Friedman?s book, The World is Flat, explains that Globalization 2.0 is (Points : 5) the primitive Jurassic period predating humankind. the time period post-Columbus and pre-1800 in which nations sought to identify themselves and conquer others. the time period when technology took its first stranglehold on HR systems?HRIS is invented. the birth of outsourcing. the time period beginning in 1800 and ending in 2000, in which multinational companies took over the world. Question 6. 6. (TCO 2) A professional employer organization (PEO) is one that (Points : 5) does not have any employees and simply leases them from another company. shares and consolidates services to ensure that no one department is wasting assets. assumes HR functions for another company, including hiring the workforce. is a form of health insurance coverage similar to a PPO but that has a company-based medical facility. is a trade union for management. Question 7. 7. Which of the following methods of citation style and formatting is required in this class? (Points : 5) APP third edition, 1985 MLA Turabian APA sixth edition (American Psychology Association) Chicago Blue Book Question 8. 8. (TCOs 1 and 2). Pick the answer that is most true about strategic HRM. (Points : 5) When HR programs are not appropriate to the needs of the organization and therefore not used, this is a strong, strategic linkage. When HR strategically inserts itself into the process of writing computer programs, it is termed as being administratively and superficially computer savvy. When HR programs are not used and are inappropriate, this is an example of weak alignment and weak linkage. When HR programs fail but the HR department survives, this shows a weak linkage.
Question 3
"Problem 15-8 "TUTOR ATTACHED IS A WORD DOCUMENT THAT IS A COPY OF THE PROBLEM BELOW, BUT IT IS CLEARER PICTURE OF CAN YOU SOLVE IT AND P Capital Structure Analysis The Rivoli Company has no debt outstanding, and its financial position is given by the following data: Assets (book = market) $3,000,000 EBIT $500,000 Cost of equity, rs 10% Stock price, Po $15 Shares outstanding, no 200,000 Tax rate, T (federal-plus-state) 40% The firm is considering selling bonds and simultaneously repurchasing some of its stock. If it moves to a capital structure with 30% debt based on market values, its cost of equity, rs, will increase to 11% to reflect the increased risk. Bonds can be sold at a cost, rd, of 7%. Rivoli is a no-growth firm. Hence, all its earnings are paid out as dividends. Earnings are expected to be constant over time. What effect would this use of leverage have on the value of the firm? I. Increasing the financial leverage by adding debt results in a decrease in the firm's value. II. Increasing the financial leverage by adding debt has no effect on the firm's value. III. Increasing the financial leverage by adding debt results in an increase in the firm's value. What would be the price of Rivoli's stock? Round your answer to the nearest cent. $ per share What happens to the firm's earnings per share after the recapitalization? Round your answer to the nearest cent. The firm its EPS by $ . The $500,000 EBIT given previously is actually the expected value from the following probability distribution: Probability EBIT 0.10 - $ 110,000 0.20 200,000 0.40 550,000 0.20 750,000 0.10 1,010,000 Determine the times-interest-earned ratio for each probability. Round your answers to two decimal places. Probability TIE 0.10 0.20 0.40 0.20 0.10 What is the probability of not covering the interest payment at the 30 percent debt level? Round your answer to two decimal places. ? %.",Dear tutor everyone of the problems EXCEPT C AND D came up wrong will you please clarify them.,Dear tutor there is a mistake in my clarification problem C What happens to the firm's earnings per share after the recapitalization? Round your answer to the nearest cent.its EPS by $ _____ is WRONG., AND question D Determine the times-interest-earned ratio for each probability. Round your answers to two decimal places.came up wrong.please correct thank you Probability TIE 0.10 _____ 0.20 _____ 0.40 _____ 0.20 _____ 0.10 _____
Question 4
Attached is the file with all the information. After Assignment these seven questions need to be answered. 1.You plan on buying a new home in four years and want to have a $15,000 down payment at that time. If the bank pays interest of 6 percent, how much should you deposit today to reach your goal? 2. The Hoefts invested $7,000 in a savings account paying 6% annual interest when their daughter, Laurel, was born. They also deposited $1,000 on each of her birthdays until she was 18 (including her 18th birthday). How much will be in the savings account on her 18th birthday (after the last deposit)? 3.Your lemonade company is considering investing in the High Output Automatic Ice Maker; the machine costs $2,600 and you?ve estimated that it will increase net cash flows by $700 per year for 4 years at which time it will be sold for $250. Using an interest rate of 10% what is the net present value of the investment? 4.You recently purchased a new car for $24,000 by agreeing to make equal annual payments for 4 years. If the interest rate on your loan is 6 percent, how much is each payment? 5. You have recently opened a retirement account and decided to deposit $5,000 a year in the account. If you want to retire in 45 years and the account earns 8 percent interest, how much will he have in your account when you retire? 6.You recently received a birthday gift of $1,500 and you decide to save it for later use. If you deposit it into an investment account that pays 6% interest, how much will be in the account in 8 years? 7.The Edwards Company has decided to invest in a project that is expected to produce the following cash flows: $8,000 in year 1, $10,000 in year 2 and $12,000 in year 3. The project would require a $15,000 investment. What is the net present value of the project assuming an interest rate of 10 percent?
Question 5
Assignment 3,Just checking on the progress of the above assignment Thank you,Tutor there are no answers for HW2, 8C, 11, 12, 21C,D,E,F Please clarify as soon as possible.,Thank you tutor, but I still am not seeing the answer problem #HW2 on page 1. Thank you,Tutor, please verify that problems, 6, 7, 9, and 12 are correct. Expecially 12, as this may be a typo,So number 12 answer is correct b.No, the data appear to show a straight line pattern.,Tutor, I have submitted these answer which I paid 80 dollars. I got over half of these wrong. I have one more chance to get the correct answers. Please advice, do you want me to tell you the ones that were wrong and you can rework these,Natalia, I got more wrong than right and I even correct them. I am going to highlight in blue the ones that were wrong and I need correct answers. If you cannot due please let me know and as I have one chance to get these right. There were so many that were wrong, I even correct some myself. I will highlight in blue and resend,Natalia, I have attached your orginal document and highlighted the areas that are wrong in blue. There were many more, but I was able to figure some of them out. Please look at HW 2,; EX. 7, 13, 15, 16, 17, 18 Please make sure these are right,For 7 the answers are Does studying for an exam pay off? The number of hours studied, x, is compared with the exam grade received, y. x 4 7 4 5 1 y 60 75 75 80 90 (a) Complete the preliminary calculations: SS(x), SS(y), and SS(xy). SS(x) = 0.752 SS (y) =18.8 SS(xy)= -1.64 I just need to be sure,13. Does it pay to study for an exam? The number of hours studied, x, is compared to the exam grade received, y. x 1 4 5 1 2 y 75 80 95 60 75 (a) Find the equation for the line of best fit. (Give your answers correct to two decimal places.) = 61.44 + 5.94x The 5.94 is wrong please advice
