Malloy Company issued its own $10 000 90day non-interest-bearing note to a bank. The only payment Malloy will ever make to the bank will be for $10 000 at the maturity date of the loan as the bank discounts the note at 10 percent. What are the proceeds to the Malloy Company?
Maloney’s Inc has found that its cost of common equity capital is 17% and its cost of debt capital is 6%. if the firm is financed with $3 000 of common shares and $2 000 000 of debt then what is the aftertax weighted average cost of capital for Maloney’s if it is subject to a 40% marginal tax rate?
In FY 2010 the MLK Settlement House has total assets of $ 1.2 million and current assets of $ 300 000. Its current liabilities are $ 200 000 and its longterm liabilities are $ 800 000. What ratios can be used with these data? What would the answers be? Given the fact that there is only one year’s worth of data what conclusions can you draw?
Question 24 (1 point)Malloy Company began the accounting period with $60 000 of merchandise and the net cost of purchases was $240 000. A physical inventory showed $72 000 of merchandise unsold at the end of the period. The cost of goods sold of Malloy Company for the period is _______________.Question 24 options:$300 000$228 000$252 000$168 000None of the aboveSaveQuestion 25 (1 point)A classified income statement consists of all of the following major sections except _______________.Question 25 options:Operating revenuesCost of goods soldOperating expensesNonoperating revenues and expensesCurrent assetsSaveQuestion 26 (1 point)A business purchased merchandise for $12 000 on account; terms are 2/10 n/30. If $2 000 of the merchandise was returned and the remaining amount due was paid within the discount period the purchase discount would be _______________.Question 26 options:$240$200$1 200$1 000$3 600Save
Mallett Manufacturing Co. expects to make 54 000 chairs during 2011. The company made 9 000 chairs in January. Materials and labor costs for January were $45 000 and $45 000 respectively. Mallett produced 3 000 chairs in February. Materials and labor costs for February were $15 000 and $15 000 respectively. The company paid the $324 000 annual rental fee on its manufacturing facility on January 1 2011. Ignore other manufacturing overhead costs.Required:Assuming that Mallett desires to sell its chairs for cost plus 40 percent of cost what price should be charged for the chairs produced in January and February? (Round your answers to 2 decimal places. Omit the “$” sign in your response.)
The Story of an HourKate ChopinKnowing that Mrs. Mallard was afflicted with a heart trouble great care was taken to breakto her as gently as possible the news of her husband’s death.It was her sister Josephine who told her in broken sentences; veiled hints that revealed inhalf concealing. Her husband’s friend Richards was there too near her. It was he who had beenin the newspaper office when intelligence of the railroad disaster was received with BrentlyMallard’s name leading the list of “killed.” He had only taken the time to assure himself of itstruth by a second telegram and had hastened to forestall any less careful less tender friend inbearing the sad message.She did not hear the story as many women have heard the same with a paralyzed inability toaccept its significance. She wept at once with sudden wild abandonment in her sister’s arms.When the storm of grief had spent itself she went away to her room alone. She would have noone follow her.There stood facing the open window a comfortable roomy armchair. Into this she sank pressed down by a physical exhaustion that haunted her body and seemed to reach into her soul.She could see in the open square before her house the tops of trees that were all aquiver withthe new spring life. The delicious breath of rain was in the air. In the street below a peddler wascrying his wares. The notes of a distant song which some one was singing reached her faintly and countless sparrows were twittering in the eaves.There were patches of blue sky showing here and there through the clouds that had met andpiled one above the other in the west facing her window.She sat with her head thrown back upon the cushion of the chair quite motionless exceptwhen a sob came up into her throat and shook her as a child who has cried itself to sleepcontinues to sob in its dreams.She was young with a fair calm face whose lines bespoke repression and even a certainstrength. But now there was a dull stare in her eyes whose gaze was fixed away off yonder onone of those patches of blue sky. It was not a glance of reflection but rather indicated asuspension of intelligent thought.Copyright © by Holt Rinehart and Winston. All rights reserved.Kate Chopin’s “The Story of an Hour” originally published 1894. There was something coming to her and she was waiting for it fearfully. What was it? Shedid not know; it was too subtle and elusive to name. But she felt it creeping out of the sky reaching toward her through the sounds the scents the color that filled the air.Now her bosom rose and fell tumultuously. She was beginning to recognize this thing thatwas approaching to possess her and she was striving to beat it back with her will—as powerlessas her two white slender hands would have been.When she abandoned herself a little whispered word escaped her slightly parted lips. Shesaid it over and over under her breath: “free free free!” The vacant stare and the look of terrorthat had followed it went from her eyes. They stayed keen and bright. Her pulses beat fast andthe coursing blood warmed and relaxed every inch of her body.She did not stop to ask if it were or were not a monstrous joy that held her. A clear andexalted perception enabled her to dismiss the suggestion as trivial.She knew that she would weep again when she saw the kind tender hands folded in death;the face that had never looked save with love upon her fixed and gray and dead. But she sawbeyond that bitter moment a long procession of years to come that would belong to herabsolutely. And she opened and spread her arms out to them in welcome.There would be no one to live for her during those coming years; she would live for herself.There would be no powerful will bending hers in that blind persistence with which men andwomen believe they have a right to impose a private will upon a fellowcreature. A kindintention or a cruel intention made the act seem no less a crime as she looked upon it in that briefmoment of illumination.And yet she had loved him—sometimes. Often she had not. What did it matter! What couldlove the unsolved mystery count for in the face of this possession of self-assertion which shesuddenly recognized as the strongest impulse of her being!”Free! Body and soul free!” she kept whispering.Josephine was kneeling before the closed door with her lips to the keyhole imploring foradmission. “Louise open the door! I beg; open the door—you will make yourself ill. What areyou doing Louise? For heaven’s sake open the door.””Go away. I am not making myself ill.” No; she was drinking in a very elixir of life throughthat open window.Copyright © by Holt Rinehart and Winston. All rights reserved.Kate Chopin’s “The Story of an Hour” originally published 1894. Her fancy was running riot along those days ahead of her. Spring days and summer days and all sorts of days that would be her own. She breathed a quick prayer that life might be long.It was only yesterday she had thought with a shudder that life might be long.She arose at length and opened the door to her sister’s importunities. There was a feverishtriumph in her eyes and she carried herself unwittingly like a goddess of Victory. She claspedher sister’s waist and together they descended the stairs. Richards stood waiting for them at thebottom.Some one was opening the front door with a latchkey. It was Brently Mallard who entered alittle travel-stained composedly carrying his grip-sack and umbrella. He had been far from thescene of the accident and did not even know there had been one. He stood amazed at Josephine’spiercing cry; at Richards’ quick motion to screen him from the view of his wife.But Richards was too late.When the doctors came they said she had died of heart disease—of joy that kills.Copyright © by Holt Rinehart and Winston. All rights reserved.Kate Chopin’s “The Story of an Hour” originally published 1894.
Malingering”Malingering is diagnosed if the person is intentionally producing or grossly exaggerating physical .com/psychology/assessingand-diagnosing-abnormality”>symptoms and is motivated by external incentives such as avoiding work or obtaining financial compensation” (Butcher et al. 2014). Unlike in clinical settings forensic .com/psychology”>psychology professionals are more likely to face clients who malinger by faking true symptoms of a disorder. Therefore it is imperative that a .com/psychology/mental-health-and-the-law”>forensic psychology professional has a good understanding of malingering and its impact on secondary gains for the client in forensic settings. These secondary gains may be avoiding trial or being found not guilty by the courts due to .com/psychology/abnormal-psychology”>insanity.a summary of malingering and why you think criminal defendants might be inclined to malinger. Discuss the benefits and limitations of tools forensic .com/psychology”>psychology professionals use to determine if a criminal defendant is malingering. Finally explain the major differences in the roles of therapeutic and forensic psychology.
Mallard Saws produces table saws for the doit-yourself (DIY) market and has been very successful financially. Lew Mallard CEO is working with his executive team Hew Dew Don and Daisy on new-product development decisions. The group is considering the possibility of designing and launching four new products which have been tentatively named Bubba Butch Brutus and Buddy. A team of analysts has generated the following information about each product based on market and technical studies:ProductMarket LifeCost to DevelopNet Annual Income ExpectedBubba5 years$1 000 000$300 000Butch4 years$500 000$200 000Brutus10 years$2 000 000$560 000Buddy3 years$400 000$150 000Calculate net present value (NPV) for each potential project assuming a discount rate of 18%. Use the present value table on the Announcement page. Discuss the results and make a recommendation. What other factors should be considered in the selection decision?
