Nabor industries is considering going public but is unsure of a fair offering price for the company. the firm's cfo has gathered data for performing the valuation using the free cash flow valuation model. the firm's weighted average cost of capital is 13%, and it has $2,000,000 of debt at market value and $400,000 of preferred stock at its assumed market value. the estimated free cash flow over next 3 years, 2004 through 2006, are given below. beyond 2006 to infinity, the firm expects its free cash flow to grow by 4% annually.

year (t) free cash flow (fcf)
2004 $200,000
2005 $300,000
2006 $400,000
estimate the value of nabor industries' entire company by using the free cash flow valuation model.

a. $3,666,657.08

b. $3,289,999.80

c. $3,387,777.08

d. $3,287,689.08

e. $3,892,587.08

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?