Use the following information to calculate the sales price of a boat under both gaap and for internal decision purposes: number of boats to be sold 500 upstream costs $ 5,000,000 direct materials per boat $ 50,000 direct labor per boat $ 30,000 overhead per boat $ 20,000 downstream costs $ 2,000,000 (1). assume the company wants to sell each boat for 20% more than the cost to produce the boat. which of the following would be the sales price under gaap and for internal decision purposes? gaap internal decisiona) $ 120,000 $ 136,800 b) $ 136,800 $ 136,800 c) $ 120,000 $ 114,000 d) $ 136,800 $ 114,000 (2) use the above information to determine net income in the financial statements under gaap: assume the company wants to sell each boat for 20% more than the cost to produce the boat. multiple choicea. $10,000,000b. $3,000,000c. $7,000,000d. $5,000,000

while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.

If a bond is issued at a premium the effective interest rate is most likely

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.