The management of Pharoah Company asks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods. For 2022, the accounting records show these data. Inventory, January 1 (9,910 units) $ 34,685 Cost of 126,820 units purchased 495,272 Sales revenue on 95,220 units 800,900 Operating expenses 114,858 Units purchased consisted of 36,560 units at $3.70 on May 10, 63,640 units at $3.90 on August 15, and 26,620 units at $4.20 on November 20. Income taxes are 30%. Prepare comparative condensed income statements for 2017 under FIFO and LIFO. (Round answers to 0 decimal places)
Condensed Income Statements For the Year Ended December 31, 2017 Y LIFO 723200 $ 723200 Sales Cost of Goods Sold Beginning Inventory 38418 38418 Cost of Goods Purchased 526754 526754 Cost of Goods Available for Sale Less ?. Ending Inventory Cost of Goods Sold Gross Profit Operating Expenses 117920 117920 Income before Income Taxes Y Net Income/(Loss)

Maker-bot corporation has 10,000 shares of 10%, $90 par value, cumulative preferred stock outstanding since its inception. no dividends were declared in the first two years. if the company pays $400,000 of dividends in the third year, how much will common stockholders receive?

The company financial officer was interested in the average cost of pcs that had been purchased in the past six months. she took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 what is the iqr?

Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)