Indicate the effect of each of the following transactions on (1) the current ratio, (2) working capital, (3) stockholders’ equity, (4) book value per share of common stock, and (5) retained earnings. Assume that the current ratio is greater than 1:1. (Indicate the effect of each transaction by selecting "+" for increase, "–" for decrease, and leave the cell blank if there is no effect.) a. Collected account receivable.
b. Wrote off account receivable.
c. Converted a short-term note payable to a long-term note payable.
d. Purchased inventory on account.
e. Declared cash dividend.
f. Sold merchandise on account at a profit.
g. Issued stock dividend.
h. Paid account payable.
i. Sold building at a loss.
do a +, -. or NC for each one. Current Ratioa. b.c. d.e. f.g. h.i. Working Capitala. b.c. d.e. f.g. h.i. Stockholders Equitya. b.c. d.e. f.g. h.i. Book Valuea. b.c. d.e. f.g. h.i. Retained Earningsa. b.c. d.e. f.g. h.i.

Kinkead inc. forecasts that its free cash flow in the coming year, i. e., at t = 1, will be −$10 million, but its fcf at t = 2 will be $20 million. after year 2, fcf is expected to grow at a constant rate of 4% forever. if the weighted average cost of capital is 14%, what is the firm's value of operations, in millions?

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.