THIS ASSIGNMENT NEEDS TO BE PLAGARISM FREE AND MUST USE LEGITIMATE SOURCES (NO COURSEHERO, NO WIKIPEDIA, ECT.). THE ITEMS BELOW NEED TO BE IN DEPTH, NOT GENERAL. THERE SHOULD INCLUDE IN TEXT APA CITATIONS ALONG WITH CORRECT APA REFERNCES. PLEASE USE FASB DATABASE AND ITEMS PERTAINING TO ACCOUNTING SPECIFICALLY TO ANSWER THE QUESTIONS BELOW.
Last year, CMC recorded a deferred tax asset related to product warranties and a deferred tax asset related to accelerated depreciation. A 75% valuation allowance was also established. However, with an upcoming international expansion, Connor and Martin wonder if the company can now reduce or eliminate the valuation allowance. In addition, Connor and Martin are considering alternative financing arrangements for equipment to be used in the upcoming expansion. However, they have not used equipment leases in the past and would like more information. For their second request, they would like you to research the following topics:
ABC stock has a share price of $150 today. All rates of interest are 3% per annum on a continuously compounded basis. A one-year European call option on one share of stock struck at $147 is worth $15. Finally, ABC is scheduled to pay the following dividends per share over the next year: a dividend of $3.0 per share in three months and a dividend of $3.0 per share in nine months.
- a) Derive the forward price of the stock for delivery in one year.
- b) What is the value of an otherwise identical European put option?
Required
1. Provide Fletcher’s CEO with an interactive report presenting the sales and profits of SuperDepot for the last four years. Use an interactive visualization software to produce one or more Interactive data visualization (IDVs) of the sales information contained in the SuperDepotSales.
2. Prepare a one-page memo describing the data and how the IDV may be used to assist management in making pricing and product line strategy decisions.
Deadline is 10/26/2016 at 11:59pm
Quixote Consulting is a part-time consulting business that recently moved from Dustin’s home into rented quarters.
Assume that you are the internal auditor for the business and you have to evaluate the internal control procedures that have been implemented in the business.
1. A title page (replace this page with your title page), proper grammar and a reference list.
2. A 2-3 page summary of the article – here’s a suggested method for writing the summary:
a. Read the article and make sure you understand it.
b. Outline the article. Note the major points.
c. Write a first draft of the summary without looking at the article.
Assume that you recently graduated and have just reported to work as an investment advisor at the onof the firms on Wall Street. You have been presented and asked to review the following Income
Statement and Balance Sheets of one of the firm’s clients. Your boss has developed the following set ofquestions you must answer.
Income Statements and Balance Sheet
Balance Sheet
2012 2013 2014
Cash $9,000 $7,282 $14,000
Short-term investments 48,600 20,000 71,632
Accounts receivable 351,200 632,160 878,000
Inventories 715,200 1,287,360 1,716,480
Total current assets $1,124,000 $1,946,802 $2,680,112
What is the free cash flow for 2014?
Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow?
Calculate the 2014 current and quick ratios based on the proj
