Bob was CFO for a chain of Lucky Clucky chicken franchises owned by Tim. By virtue of Bob’s position as CFO, he knew that Tim was planning to open another store in a particular location. Bob hurriedly created a shell company using his wife’s maiden name as the beneficial owner and then purchased the location. The shell company then resold the property to Tim’s company a few weeks later for a greasy little profit of $172,000. What kind of purchasing scheme did Bob commit?

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)

Match the different financial task to their corresponding financial life cycle phases