Instructions: Read the story about Jane Wu, treasurer of Wilson Paper Company, on page 300 of the textbook. Make sure you understand the context of the story and prepare to address questions about the story.
Your assignment is to create a 5-page paper addressing the following questions:
a. Imagine that you are a large stockholder in the company. Would you rather see the $15 million be used for a special dividend rather than a buyback? Why or why not?
b. Imagine that you are a small stockholder in the company. Would you rather see the $15 million be used for a special dividend rather than a buyback? Why or why not?
c. Would it be smarter to pay off debt using the $15 million rather than executing a dividend or payback? Why or why not? Who would stand to benefit from the repayment of debt?
d. What is your recommendation as to do with the $15 million? Support your recommendation using what you have learned while in the class.
The analysis requires the additional components:
Locate an article about a controversial subject where the author makes an argument you do not agree with.
Write a 450 to 700-word rebuttal to the article using valid arguments and supporting data. In your rebuttal, offer an analysis in which you do the following:
· Analyze the reliability, credibility, and validity of the data used by the author.
· Identify any logical fallacies in the argument.
Essay must be consistent with APA guidelines complete with in-text citations as well as reference page.
Create an outline for a factual debate paper (no personal bias) on whether stem cell research should be allowed.
Include all references to be used in the paper.
Complete the following:
Transactionsthataffectearningsdonotnecessarilyaffectcash.Identifytheeffect,ifany,thateachofthefollowingtransactionswouldhaveuponcashandnetincome.Thefirsttransactionhasbeencompletedasanexample.
Net
Cash Income
(a) Purchased$100ofsuppliesforcash. -$100 $0
(b) Recordedanadjustingentrytorecorduseof$20oftheabovesupplies.
(c) Madesalesof$1,300,allonaccount.
(d) Received$800fromcustomersinpaymentoftheiraccounts.
(e) Purchasedequipmentforcash,$2,500.
(f) Recordeddepreciationofbuildingforperiodused,$600.
PreparetheadjustingentriesforthemonthofMarch.
TammyKrauseisthenewownerofTammy’sComputerServices.AttheendofJuly2012,herfirstmonthofownership,Tammyistryingtopreparemonthlyfinancialstatements.Shehasthefollowinginformationforthemonth.
1. AtJuly31,Krauseowedemployees$1,100insalariesthatthecompanywillpayinAugust.
2. OnJuly1,Krauseborrowed$20,000fromalocalbankona10-yearnote.Theannualinterestrateis9%.
ServicerevenueunrecordedinJulytotaled$1,600.
PreparetheadjustingentriesneededatJuly31,2012.
Indicateinwhichfinancialstatementeachofthefollowingadjustedtrialbalanceaccountswouldbepresented.
ServiceRevenue AccountsReceivable
NotesPayable AccumulatedDepreciation
CommonStock UtilitiesExpense
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