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Accounting Questions and Answers October 13, 2012

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EA13. - The debit and credit columns each have a balance of

First try was incorrect A movie theater had 91.75lbs of popcorn to sell this week. On day 1 , the theater sold 12.3lbs. On day 2 , the theater sold 30.83lbs. How many lbs of popcorn were left to sell on day 3

Picture Income is to be evaluated under four different situations as follows: a . Prices are rising: ( 1 ) Situation A: FIFO is used. ( 2 ) Situation B: LIFO is used. b . Prices are falling: ( 1 ) Situation C: FIFO is used. ( 2 ) Situation D: LIFO is used. The basic data common to all four situations are sales, 5 3 0 units for \ $ 2 1 , 2 0 0 ;
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Lab Assignment 4 Graded 10% The purpose of this lab assignment is to: Develop an Android App that manipulates a Room database Use Room persistence library Use MVVM architecture Be sure to read the following general instructions carefully. This assignment must be completed individually or in pairs by all the students. You should use the Names of

As of December 1, 2021, X Company had produced and sold 67,000 units of its only product. The following is the company's December 1 Income Statement: just read the photo plz ;) As of December 1, 2021, X Company had produced and sold 67,000 units of its only product. The following is the company's December 1 Income Statement: Total Per-Unit Sales
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Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 32,600 Total fixed manufacturing overhead cost $ 195,600 Variable manufacturing overhead per machine-hour $ 4

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February: Fixed Component per Month Variable Component per Job Actual Total for February Revenue $ 278 $ 27,830 Technician wages $ 8,300 $ 8,150 Mobile lab operating expenses $ 4,900 $ 31

You deposit $479 each month into an account earning an APR of 3% compounded monthly for 3 years. What is the interest earned? Round to nearest hundredth. You deposit \$479 each month into an account earning an APR of 3% compounded monthly for 3 years. What's the interest earned? Round to hundredth. Do not use $ or comma. For the toolbar, press
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next part Boone, Inc.'s accounts receivable due from customers is $1,000. Management estimates that $50 of these receivables may not be collected? Boone uses the allowance method to account for its collectible accounts. What is the journal entry required to reflect management's estimate? Select one: Sales revenue 50 Accounts receivable 50 50 Bad
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You plan to retire in 30 years and plan on saving $15,000 annually, starting next year, for the next 30 years. You expect to need $120,000 about 18 years from now for college tuition for your recently born daughter which must be paid out of these savings. You expect to live 35 years during retirement (the first retirement payment will be 31 years

ABC Manufacturing Inc. comparative balance sheet at December 31 Additional Information: 1. Operating expenses include depreciation expense of $10,000 2. Accounts Payable related to the purchase of inventory 3. Equipment that cost $8,000 was sold at a loss of $2,000 4. New equipment was purchased during the year for $6,000 5. Dividends declared and
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Presented below are a number of economic events. 1. Purchased supplies on account, $210. 2. Provided a service on account, $620. 3. Paid salaries expense, $320. 4. Issued common shares in exchange for cash, $8,000. 5. Declared and paid $150 of dividends to shareholders. 6. Received cash from a customer who had previously been billed for services

Which of the following deals with ongoing or periodic assessment of the quality of system of internal control by management? Question content area bottom Part 1 A . verifying activities B . monitoring activities C . management activities D . oversight activities

Bobbi Bundy, an employee of Waterway Corp., will not receive her paycheck until April 2. Based on services performed from March 15 to March 31, her salary was $1150. The adjusting entry for Waterway Corp. on March 31 is No entry is required. Salaries and Wages Expense 1150 Salaries and Wages Payable 1150 Salaries and Wages Payable 1150 Cash 1150

Two years ago Red Bricks Ltd. bought a parcel of land for $200,000 and spent $40,000 laying a foundation for a new factory. Work was stopped because of a recession. Now that the economy has improved, Red Bricks is considering starting the expansion again. The latest numbers suggest it can complete construction using 1 million of its own bricks

Please help me to complete the question 1234. Thank you so much PARTI - MULTIPLE CHOICE (18 points) Instructions: Designate the best answer for each of the following questions, 1. The use of a cash register for cash receipts is an example of the internal control principle of a. documentation procedures.' b. physical, mechanical, and electronic
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Observe the percent changes for the common-size income statement and balance sheet trends over the given years and comment on the changes. Your comments should be in line with the rubric in the project instructions in D2L to include: Content & Development: Comments address the percent changes over time in selected elements for both types of

Sanafying cooperation in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year

any help? O Minder for $3.15ch Artis ord to purch 10,000 $3.10 per her of the town or of 195 31.20 the writing conter For speciale, che have to buy caring machine that com 57.500 to make one on the corders. The main would be pod where the special order would not cut would toide. No automaatting would be more by corder Regular would not bed by the
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a. Melbourne Professional Academy provides continuing professional education for professional accountants. James Matamata has recently joined the company as a Senior Management Accountant. He is seeking information regarding the companys cost structure. The following information has been gathered for the first eight months of the current year:

Social Network Analysis question. Relating to symmetric and asymmetric data. Pick the option that best describes the following data: 1 2 3 4 5 6 7 8 9 10 11 12 10 90 90 90 90 90 91 91 91 91 92 92 1 3 7 9 e 5 7 8 e 2 -- - 0 0 CD 11eee 2 900 3 901 4 9e3 e 206 S 2 0 e 1 1 1 e e e e e e 1 1e 1 e 1 e e 1 1 e e e 1 e e 1 e e e e 1 1 1 e e 989 7 910 8
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Xu was disabled for part of the year, and he received $11,500 of benefits from a disability insurance policy purchased by his employer. Assume that Xu was not previously taxed on the disability insurance premiums paid by his employer. Xu must include all $11,500 of benefits in his gross income because he was not taxed on the disability insurance

Help!! Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Laiho Industries: Balance Sheets as of December 31 (thousands of dollars) 2021 2020 Cash $ 106,804 $ 90,655 Accounts receivable 104,442 86,923 Inventories 36,811 33,157 Total current assets $ 248,057 $ 210,735 Net fixed assets 67,918 42,768 Total assets $

Please answer ALL 4 parts and fill in all the blanks! I will upvote. Thank you! The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June, Business Solutions's job cost sheets show the following total costs accumulated on three furniture jobs. Direct materials Direct labor
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on 4. I ruly 20ig, Dexm Lt d accaquired all the issued shaues of: Rermer Shan this dete, the sharoholders equity of fumer Itd was: G capital 100,000 shaves $45001000 Generalreserve100,000sharesAssetsrevaluationsupplusRetamedeamingscopere$4500,00045,00045,00015,000liabilitiesataccquisitiondete All the ineamings 15,000 coere recutifiable assets and
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Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 7 microns per toy at $0.33 per micron Direct labor: 1.5 hours per toy at $7.50 per hour During July, the company produced 4,600 Maze

King Kong as a sole trader in his business for the past 3 years provides the following data: KING KONG Comparative Statements of Financial Position as at 30 June 2018 Cash 2019 $540 3 150 6 600 360 25 500 (7 500) 24 000 15 600 (6 300) 61 950 7 950 18 900 26 850 $35 100 $35 100 $35 100 CURRENT ASSETS Accounts receivable Inventory Prepaid insurance

help At the end of its first year of operations on December 31, 2022. Blossom Compary's accounts show the following. to the partneis capital occounts. Prepare a partners' capital statement for the year under assumption (3) above. (List items that increase partners copital first) At the end of its first year of operations on December 31, 2022.
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Please Box answers. Thank you for ur help!! :) Solve various time value of money scenarios. Scenario 1. Harold just hit the jackpot in Las Vegas and won $25,000! If he invests it now, at a 14% interest rate, how much will it be worth in 15 years? (Round your answer to the nearest whole dollar.) Future value Scenario 2. Jack would like to have
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Consider each of the four requirements independently ) : Assume the sales volume increases by 4 , 5 9 0 units: What is the revised net operating income?What is the percent increase in unit sales?Using the most recent month s degree of operating leverage, what is the percent increase in net operating income? What is the revised net operating income

REQUIREMENTS: 1. Complete adjusting journal entries FOR THE MONTH OF JANUARY. Descriptions are not needed. 2. Update T-Accounts with adjusting journal entries. Please balance the T-accounts (again) after you post the adjusting journal entries. 3. Create an Adjusted Trial Balance FOR THE MONTH OF JANUARY 4. Prepare the Financial Statements (Income

840 and 8,400 are both incorrect. need help with direct material price variance. The following information is available for Sheridan's Chocolates: (a) Calculate the direct materials price and quantity variances. Direct material price variance $
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and identify at least two weaknesses. For the weakness, suggest a control that can be put into place to strengthen the weakness. 60. Florenzo Corp. is a small manufacturing firm with 60 employees in seven departments. When the need arises for new workers in the plant, the departmental manager interviews applicants and hires on the basis of those
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Case B Employment Contracts and Restrictive Covenants When Hasim was hired as a salesperson by a large company that manufactured chemical products, he was required to sign a confidentiality agreement that contained the following clause: I agree that if my employment is terminated for any reasons by me or by the Company, I will not, for a period of

please help me solve Sales and Production Budgets Sonic inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: a. Prepare a sales budget. Total revenue from sales Feedback T Check My Work Once sales quantities are estimated,
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Please answer each part of the question. Thank you! Requlred information [The following information applies to the questions disolayed below] The following information for the year ended December 31,2021 , was reported by Nice Bite, Incorporated 1. Prepare an income statement for 2021 . 2. Prepare a statement of retained earnings for 2021 . 3.
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Nokia uses multiple depreciation methods for different categories of equipment. Which of the following statement is correct? The declining-balance method generates a decreasing depreciation expense each period. The declining-balance method generates an increasing depreciation expense each period. The units-of-activity method generates an
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pay attention its PERIODIC inventory. thanks! Task 1: Complete the journal entries for the transactions posted to the right using the PERIODIC inventory system. Journal - Page 30 Date 20-- Accounts and Explanation PR Debit Credit Chart of Accounts 100 Cash 101 Merchandise Inventory 102 Accounts Receivable 200 Accounts Payable 201 Purchases 202
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Price 5.83 Variable cost 2.62 Fixed cost 131644 Sunk cost 41368 1. What is the break-even volume? 2. If we require a profit of at least $48600. What is the minimum required volume?

Roberts Company has the following manufacturing overhead budget for the current month: Budgeted units to be produced $30,000 VOH* cost per unit $30 Budgeted VOH* 900,000 Budgeted FOH** Depreciation 9,000 Rent 18,000 Total budgeted FOH 27,000 Budgeted manufacturing overhead costs $927,000 *VOH Variable Manufacturing Overhead**FOH Fixed

Case Study 1-Interacting Effectively - Savan case Values, attitudes and diversity in the workplace! Savan, an Indian national and graduate in electrical engineering from the University of Mombai in 2006, emigrated to Canada just under 2 years ago. At first he found it difficult to find a good job. His English was excellent and his skills superior
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2. A business applies overhead costs on the basis of direct labour at the rate of 80% of direct labour. The following data is revealed: Direct labour $111 600 Direct material $ 84 200 Actual overhead $ 98 700 The amount of over or under applied overhead for the year is: a. Over absorb by $12 900 c. Over absorbed by $9,420 b. Under absorbed by $12

Outline a key nutrition issue faced by your selected coutry (vietnam). What population is most affected by this issue and also key risk factors.

HELP PLEASE Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 20X1: Bushard Company DATE TRANSACTIONS 20x1 Feb. 10 Purchased nerchandise for $1,400 from Schmidt, Inc., Invoice 1980, terms 1/10, n/30. 13 Received Credit Memorandum 230 fron Schmidt, Inc., for damaged merchandise totaling $200
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1) Lange Co. provided the following information on selected transactions during 2020: Purchase of land by issuing bonds $150,000 Proceeds from issuing bonds 300,000 Purchases of inventory 570,000 Purchases of treasury stock 90,000 Loans made to others 210,000 Dividends paid to preferred stockholders 60,000 Proceeds from issuing preferred stock

Due to severe port congestion in Vancouver , Canada , a freight forwarder's weekly 40 container consolidation from Hong Kong , China , is delayed . They are assessing other alternatives. Their cinsolidations normally contain 90m ^ 3 of freight and , on average , weigh 46,000 kg . They have 2 alternatives . Alternative #1: All water service CY Hong

Staples Corporation would have had identical pretax income on both its income tax returns and its income statements for Year 1 through Year 4 except for a depreciable asset that cost \ ( \ $ 1 2 0 , 0 0 0 \ ) . The asset was depreciated for income tax purposes at the following amounts: Year 1 , \ ( \ $ 4 8 , 0 0 0 \ ) ; Year 2 , \ ( \ $ 3 6 , 0 0
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uppose a customer rents a vehicle for three months from Commodores Rental on November 1 , paying $ 5 , 2 5 0 ( $ 1 , 7 5 0 / month ) . Required: 1 . Determine the financial statement effects for the cash received in advance on November 1 . 2 . Determine the financial statement effects for the adjusting entry for services provided by December 3 1 .

( FIFO Supplement ) Sumptuous Beer Company manufactures beer in two departments, Fermenting and Bottling. In the Fermenting Department, ingredients are placed in a large vat and fermented for three days. The beer is then transferred over to Bottling where it is further purified and bottled. Sumptuous uses a FIFO process cost system to collect
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Choose two different new products in different categories (aimed at consumers, not organizations) introduced in the last few years. What are some needs that could theoretically be useful bases for positioning and promotion of these products? What is the corresponding level in Maslow's hierarchy for each need? (This is a thought exercise and you

Rhodes Corporations financial statements are shown below. Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2020 2019 Sales $ 13,000 $ 11,000 Operating costs excluding depreciation 11,620 9,730 Depreciation and amortization 400 350 Earnings before interest and taxes $ 980 $ 920 Less interest 180 100 Pre-tax

On January 1, 2021, Parks Co. has the following balances: Projected benefit obligation $5,600,000 Fair value of plan assets 5,000,000 The settlement rate is 10%. Other data related to the pension plan for 2021 are: Service cost $320,000 Amortization of prior service costs 72,000 Contributions 360,000 Benefits paid 335,000 Actual return on plan

Which of the following items require time value of money concepts? ( Select all that apply. ) Multiple select question. capital leases inventory pensions bonds payable Multiple choice question. future; present present; present future; future present; future

please show steps! Mountain Gear has been using the same machines to make its name-brand clothing for the last five years. A cout efficiency consultant has suggested that production costs may be reduced by purchasing more technologically advanced machinery The old machines cost the company $100,000. The old machines presently have a book value of
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1. even 2.24 or 2% is incorrect 2. $22,241, 22,291, 22,341, or 20,000 is incorrect On 1 January 208, a borrower arranged a $1,000,000 three-year 2% bond payable, with interest paid annually each 31 December. There was an upfront fee of $106,920, which was deducted from the cash proceeds of the loan on 1 January 208. (PV of $1, PVA of \$1, and PVAD
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help needed on part C only please, work not needed just answer ed at the tetirning el each prockse. and comeraion cpute wre incured uniforimil throughout the prockas Your answer it coernet. rimal piscese. 2.9 j. ETextbook and Mcdia Artomptr 2 of 3ux Yout anwiser is cocruet Getermine the maignent of costs te goces completed and trarefes red out and
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its not missing anything? COVID-19 brought tremendous change to the world from health, relationship, and economic perspectives. For this discussion, focuses on the economic perspectives to evaluate uncertainty in a capital investment analysis. Everyone was impacted by the economic impacts of COVID-19 to include nonprofits. Donations plummeted and
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mth 250 please help willing to pay someone to help me finish these assignments text me (757) 542-9217 Blood pressures High blood pressure has been identified as a risk factor for heart attacks and strokes. The proportion of U.S. adults with high blood pressure is 0.30. A sample of 32 US adults is chosen. Use Excel as needed. Part: 0/5 Part 1 of 5
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Real-Time Data Analysis Exercise saving for the third quarter of 2017 and 2022 . Using the data recorded above, complete the following table by computing, for each period, total gross saving in the oconomy. (Enter your responses rounded to one decimal placo.) 'Real-time data provided by Federal Reserve Economic Data (FREDX Federal Reserve Bank of
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#6 Paper Corporation acquired 75 percent of Script Company's common stock on Moy 15, 20X3, at underlying book value. Script's balance sheet on December 31,206, contained these omounts: During 20X7, Foper earned operating income of $90,000, and Script reported net income of $45,000. Neither company declared any dividends during 207. Assume Paper
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The following information applies to the questions displayed below.] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct materials: 5 pounds at $9 per pound $ 45 Direct labor: 3 hours at $14 per hour 42 Variable

the fixed portion of the cost equation is

Use the format below to answe the below question (b) The government-wide financial statements for the City of Arborland for a three-year period are presented. CITY OF ARBORLAND Statements of Net Position As of December 31 (in thousands) 2020 Business type Governmental Activities Total Activities Governmental Activities 2019 Business type
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1 0 points If a company has four lots of products for sale, purchase 1 ( earliest ) for $ 1 7 , purchase 2 ( middle ) for $ 1 5 , purchase 3 ( middle ) for $ 1 2 , and purchase 4 ( latest ) for $ 1 4 , which cost would be assumed to be sold first using LIFO costing? A . $ 1 7 B . $ 1 5 C . $ 1 2 D . $ 1 4 A B C D
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Required: Prepare the property, plant and equipment note to be attached to the financial statements for Freds Transport for the year ended 28 February 2022. Show the cost, accumulated depreciation and the carrying amount of the disposed assets in the property, plant and equipment note. You may omit the total column. Show all workings. Round off
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An investment product promises to pay $49,000 at the end of 12 years. If an investor feels this investment should produce a rate of return of 11%, compounded annually, what's the most the investor should be willing to pay for the investment?(FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the

Using the current stock price for Apple INC (please note the date you looked up the price), calculate the companys EPS and P/E ratios. If the company chose to perform a 2-for-1 stock split, how would this impact the companys Stockholders Equity and the EPS and P/E ratios? Who would or would not benefit from this transaction?

please set up in an income statement format! Break-even problem Given the following data, calculate the BEP and BEP and at profit of 100,000 units (set it up in an income statement format): P=$8/unit VC = $4/unit FC = $50,000
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answer all parts. show answers answer all parts Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company, at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain on Ms. Tyler's personal finances. The following income statement for the first quarter was prepared
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A company with 94,000 authorized shares of $7 par common stock issued 36,000 shares at $16. Subsequently, the company declared a 2% stock dividend on a date when the market price was $21 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend? a.$10,080 b.$5,040

Need help finding the "Units in ending inventory" & "Units sold " Data for Cost Flow Assumptions Houston Electronics' Astro condensers data is presented: Cost of Goods Sold = (Beginning Inventory + Purchases ) Ending Inventory
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Recording Entry for a Change in Estimate Exon Company purchased equipment for $320,000 on January 1 of Year 1. The equipment has an estimated residual value of $9,600 and an estimated useful life of 8 years. The company depreciates the equipment using the straight-line method. On January 1 of Year 4, the company determines that the total useful

3. Osprey Cycles, Inc. projected sales of 64,721 bicycles for the year. The estimated January 1 inventory is 5,031 units, and the desired December 31 inventory is 7,928 units. What is the budgeted production (in units) for the year? units = 4. As of January 1 of the current year, the Grayson Company had accounts receivables of $40,000. The sales

Janice Morgan, age 24, is single and has no dependents. She is a freelance writer. In January 2020, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her business Writers Anonymous. Janice is a cash basis taxpayer. She lives at 132 Stone Avenue, Pleasant Hill, NM 88135. Her Social Security number is

help Froblem 475 and \&-7b (Ago) (LO 4 4,b ) all profucti. Data on the indivisal peoducts follow. Problen 4.75 (Algo) Theory of Constreints (LO4.4,5) equited: Problem 4-75 and 4-76 (Algo) (LO 4-4, 5) [The following information applies to the questions displayed below] Clarke Corporation manufactures three products (X1,X2, and X3) utilizing, in one
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PLEASE FOCUS ON #3 & 4 - THANK YOU!! Homework 7: Policy Tools; Financial Covering Part 7 Lets return to homeworks 4 and 6. If you still have them, you can save time by starting with your answers from there. We will start with the same supply and demand functions for the U.S. wheat market: Demand: P = 7 2Q Supply: P = 4 + Q Where P is output price

Seth Fitch owns a small retail ice cream parlor. He is considering expanding the business and has identified two attractive alternatives. One involves purchasing a machine that would enable Mr. Fitch to offer frozen yogurt to customers. The machine would cost $7,980 and has an expected useful life of three years with no salvage value. Additional
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plz answer this !!! Sony Canada needs to establish a product sales forecast for the Ottawa, Canada Market using the ATAR method for their latest 75-inch OLED 4K UHD TV model for the next 2 years. This premium UHD model is targeted for households who are tech savvy innovators, gamers, sports enthusiasts, and the "movie buff" families, representing
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Peru Industries began operations on January 1, 2020. During the next two years, the company completed a number of transactions involving credit sales, accounts receivable collections, and bad debts (assume a perpetual inventory system). These transactions are summarized as follows: 2020 Sold merchandise on credit for $2,340,000, terms n/30 (COGS =

Williams Products Inc. manufactures and sells a number of items, including school knapsacks. The company has been experiencing losses on the knapsacks for some time, as shown by the contribution format income statement below: WILLIAMS PRODUCTS INC. Income StatementSchool Knapsacks For the Quarter Ended June 30 Sales $ 230,000 Variable expenses:
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indeterminate structures. Can you answer A please Determine the reaction forces of the following statically determinate structures. Plot the bending moment and shear force diagrams using the quick procedure introduced in the lecture. (a) 100 KN 20 kN/m (c) 100 kNm 150 KN 25 kN/m 3 m 3 m 6m 50 k (b) 3 k/ k 4m 4 m 1 4 m 4 m B D 5 ft 5ft 10 ft
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Smoky Mountain Corporation makes two types of hiking bootsthe Xtreme and the Pathfinder. Data concerning these two product lines appear below: Xtreme Pathfinder Selling price per unit $ 130.00 $ 91.00 Direct materials per unit $ 64.30 $ 50.00 Direct labor per unit $ 11.20 $ 8.00 Direct labor-hours per unit 1.4 DLHs 1.0 DLHs Estimated annual
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Rich watched his mom making cakes for the Jewish holidays since he was a kid. He even faked being sick so he could stay home and smell the delicious aroma of cinnamon, brown sugar and the yeast dough as it came out of the oven. Lots of people in the neighborhood came over before the holidays to put in their orders. Mom had learned from her mom and

Salon, prepare an income statement, statement of owners equity, and a balance sheet. Lacy made no additional investments in the company during the year. Lacy Salon Trial Balance December 31 Debit Credit Cash $ 21,800 Accounts receivable 5,000 Beauty supplies 3,000 Beauty shop equipment 23,500 Accounts payable $ 800 S. Crawford, Capital 25,000 S.

Roland Corp. tena la siguiente informacin de produccin para agosto: Comenzando trabajo en proceso 0 Unidades iniciadas y completadas 40.000 Terminando el trabajo en proceso 8,000 roland

I dont nunderstand how to get B or where the numbers come from on C Equipment was acquired at the beginning of the year at a cost of $800,000. The equipment was depreciated using the double-declining-balance method based on an estimated useful life of 10 years and an estimated residual value of $60,000. a. What was the depreciation for the first
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A freight forwarder has a weekly consolidated service Mumbai - Marseille, with direct costs as follows: Ocean freight: US $1,250.00/40-ft standard container. Container loading in Mumbai: US $10.00 per revenue ton. Marseille unloading: 10.00 per revenue ton. Exchange rate is = 1.00 US $1.06. From past experience, the marketing department has

The following appeared in the ledger PORTO Manufacturing Company Ltd after the preparation of the Incorme Statement. The following additional information was provided: 1) The Authorized Capital of the husiness is 300,000 Ordinary Shares of Sh. 0.50 each and 75.0008% preference shares of Sh.1.00 each. 2) A final dividend of Sh.0 625 per ondinary
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Favre Company reports depreciation expense of $54,000 for Year 2. Also, equipment costing $182,000 was sold for a $11,400 loss in Year 2. The following selected information is available for Favre Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31 Year 2 Year 1 Equipment $ 680,000 $

Which of the following is an audit procedure that an auditor most likely would perform concerning litigation, claims, and assessments? Question 6 Answer a . Examine the legal documents in the client s lawyer possession concerning litigation, claims and assessments to which the lawyer has devoted substantive attention. b . Request the client s

PLS!!! help with question 1 and 2 White Compary has two departments; cutting and finishing. The compory uses a job-ordor costing syatem end computes a predetecmined overhead rate in each departinent. The cutting departinent bases its ritet an mochine-hours; and the finishing department bases its fate on direct labour cost. At the beginning of the
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ONLY NEED ANSWER FOR SECTION F - THE REST IS CORRECT The City of Amarillo is authorized to issue $8,000,000, 3 percent regular serial bonds in 2023 for the construction of a new exit off the interstate highway within city limits. The bonds mature in equal annual amounts beginning on January 1, 2024 for 10 years and pay interest on January 1 and
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This firm is projecting financials and the below is from the right side of the balance sheet. In the projections, A/P grows by 10%, based on sales growth of 10%, and Note Payable and Long-Term Debt are expected to double. Nt Income will be $10,000, the tax rate is 25%, and the payout ratio is 30%. Given this information, how much is the projected

Michael Scott Paper Company has begun its first year of operations. Michael has heard that you are an expert on budgeting and has asked you to help him prepare some relevant budgets. He has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit

could i please get help with this? If the contribution margin ratio for France Company is 33%, sales are $406,000, and fixed costs are $92,000, the operating income is Oa. 592,000 Ob. 533,584 Oc. $41.980 Od $133,980
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You have been managing a $5 million portfolio that has a beta of 1.45 and a required rate of return of 10.075%. The current risk-free rate is 5%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 1.25, what will be the required return on your $5.5 million portfolio? Do not round intermediate calculations.

Hi, there is a follow up question. Please help. Thank you Presented below are the amounts of (a) the assets and liabilities of Cal's Barbershop as of December 31,2023 and (b) the revenues and expenses of the company for the year ended December 31, 2023. The items are listed in alphabetical order. (Click the icon to view the accounts.) Reguired
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Dr. Lucy Zang, a noted local podiatrist, plans to open a retail shoe store specializing in hard-to-find footwear for people with feet problems such as bunions, flat feet, mallet toes, diabetic feet, and so forth. Because of the wide variety of foot ailments and shoe sizes needed, Dr. Zang estimates that she would have to stock a large inventory of

Adjusting Entries Needed Pane in the Glass Company (Pane) is a glass manufacturer based out of California. They produce a number of glass products including car windows and windshields, windows for houses, stained glass windows, and a number of other specialty products. The following information pertains to the fiscal year ending December 31,
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$100,000 bond was issued with a maturity date Dec 31, 5 years, Interest pymts June 30 and Dec 31, annual interest rate 4%, effective annual interest rate for similar bonds 10%. How much would you receive for the bond on Jan 1, year 1 and what are the journal entries for the issuance of the bond.

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