Lloyd publications established the following standard price and costs for a hardcover picture book that the company produces. standard price and variable costs sales price $ 45.00 materials cost 9.00 labor cost 4.50 overhead cost 6.30 selling, general, and administrative costs 7.20 planned fixed costs manufacturing overhead $ 135,000 selling, general, and administrative 54,000 assume that lloyd actually produced and sold 32,000 books. the actual sales price and costs incurred follow. actual price and variable costs sales price$ 43.50 materials cost9.20 labor cost4.40 overhead cost6.35 selling, general, and administrative costs7.00 actual fixed costs manufacturing overhead$ 125,000 selling, general, and administrative58,000 required: 1. prepare a pro forma income statement that would appear in the master budget 2. prepare the flexible budget income statement assuming production volumes or 29,000 and 31,000 units

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?