Refer to the following pro forma financial statements for ABC Corp. At the end of 2014 you are valuing ABC Corp. and are calculating a 2018 terminal value based on a liquidation scenario. What would the terminal value be in present value (2014) terms? Assume that the resale value of PP&E is 500 and that the appropriate discount rate is 10%.

Molander corporation is a distributor of a sun umbrella used at resort hotels. data concerning the next month’s budget appear below: selling price per unit $ 29 variable expense per unit $ 14 fixed expense per month $ 12,450 unit sales per month 980 required: 1. what is the company’s margin of safety? (do not round intermediate calculations.) 2. what is the company’s margin of safety as a percentage of its sales? (round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.

Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.