What are life annuities and how do they protect against the risk of living too long?1. Explain, in a sentence or two, how life annuities can protect a person against the risk “of living too long.”2. Briefly explain what the word “term” in term certainty annuity refers to.3. Briefly explain why term annuities do not require a guarantee clause but life annuities do.4. Briefly explain the difference between an installment re...
TaskTask: The paper must follow APA format. You can reference The Publication Manual of the American Psychological Association for proper instruction. A few other requirements specific to this paper include: Please include an Executive Summary at the beginning of the document (an abstract) which summarizes the content of the document. Please use subheadings to help the reader understand the structure of the paper (typica...
Common Size Balance Sheet Preparation1. Prepare a common size balance sheet for the current and past year using the template I have provided for Bed Bath and Beyond Inc. and Pier 1 Imports, Inc. Express each item on the balance sheet as a percent of total assets using cell referencing. Please note that the first worksheet is for Bed Bath and Beyond Inc. and the 2nd worksheet is for Pier 1 Imports. You can use page 4-40 as a m...
Capital Budgeting TechniquesSince LSUS corporation is producing at full capacity, Amanda has decided to have Han examine the feasibility of a new manufacturing plant. This expansion would represent a major capital outlay for the company. A preliminary analysis of the project has been conducted at a cost of $1.6 million. This analysis determined that the new plant will require an immediate outlay of $54 million and an additional outlay of $31...
Explanation of Expected Litigation Gain DeductionThe purpose of this assignment is to analyze liabilities when making business decisions. Read Case Study 13-1 "Accounting for Contingent Assets: The Case of Cardinal Health," from Chapter 13 in the textbook. see highlighted textbook to be used for this assignment below. In a 250-500 word executive summary to the Cardinal Health CEO, address the following. 1.Explain the justification that coul...
Relationship of Assignment to Learning OutcomesTask: Relationship of Assignment to Learning Outcomes (Refer Course Guide). L.O. 2. Demonstrate knowledge of generally accepted accounting practices.Although these are projected statements, they are prepared on the same basis as historical statements. Some of the transactions will help you understand the impact of accounting policies such as depreciation and accrual accounting with the latter espec...
Question 1: Nova Electrics cash flow and free cash flow projectionNova Electrics anticipates cash flow from operating activities of $9 million in 20X1. It will need to spend $4.0 million on capital investments to remain competitive within the industry. Common stock dividends are projected at $.75 million and preferred stock dividends at $.45 million. a. What is the firm’s projected free cash flow for the year 20X1? ...
Problem 1: Valuing a 10-Year Contract for Air Tanks1. SweetAir, Inc. is a U.S. corporation that sells compressed air tanks. Loelife, A.G. is a German firm that manufactures air tanks, and submitted an attractive contract that offered dollar pricing. SweetAir is intrigued by the possibility of locking in long-term dollar prices from a low-cost foreign supplier. Consider the discounted expected value of the 10-year contract that Loelife may sig...
Identification, Evaluation and Justification of Expenses or Cost CategoriesRequirements: The only information you have is available through the public domain and the additional information provided for this assignment (this is fictitious information used only for the creation of this assignment). Therefore, you are to limit your research, review and analysis and any report and recommendations to the information obtained through the public domai...
Part 1Part 1 The business world is changing rapidly. New business forms can be seen in organisations such as Airbnb and Uber. Indeed, referring to “uberisation” of business, [Rice and Martin, 2015] in a recent article highlights the role of managers in such changing organizational structure. Clearly, if the role of managers is changing, then must be the role of management accounting too. Required: Critically discuss how changing ...
AimsThe module provides students with and introduction to financial management theory and techniques required for entrepreneurship and managerial decision-making within an international business context. 1.Demonstrate a comprehensive knowledge and critical appreciation of the key concepts and topical issues of International Finance. 2.Act autonomously in the analysis of new and/or abstract data using a range of techniques appropriate...
Roles and Threats in the Financial Reporting SystemQuestion 1 Financial reporting for PAEs may be thought of as a system, in particular as a network of participants and institutions, each with particular roles and also each with strengths andweaknesses in fulfilling their particular roles. Explain the role(s) of each of the following actors in the financial reporting system and at least one threat to each participant in fulfilling that/those ro...
Task OneTask One Using the Annual Report and Accounts of Thomas Cook for the period 2015, 2016, 2017 and 2018, you are required to evaluate the performance of the company. You are required to : (a)Evaluate the performance of Thomas Cook in the following areas, using ratio analysis: -Profitability -Liquidity/Solvency -Working capital efficiency -Long term financial structure -Investors’ perspective In addition you cou...
Assessment of Learning Points in Units 2, 3, 4 and 5 The essence of this TMA is to allow students to practice various theories and concepts of the B392 course. Case studies allow students to demonstrate their understanding of the studied materials. Since all questions depend extensively on student’s justification, there is no typical answer for TMA questions. This marking guideline offers general framework to mark TMA where a tutor needs t...
Background and Future Prospective of the Selected CompanyYou are required to select a public listed company in Bursa Malaysia. Download the latest FOUR (4) years Financial Statements of the selected company. The selected company must be from the manufacturing, industrial, oil and gas, trading or services sector. a) Company’s background, future prospective and development. b) List the Board of Directors and independent directors of th...