Accounting Questions and Answers October 05, 2022

Chelsea Harper and Clint Casey create a partnership, Pedal Pushers LLP. It is a retail store that sells bicycles for long-distance and mountain biking. Chelsea will work the cash register and assist customers, while Clint will manage the inventory, purchasing, etc. They have contracted you on a part-time basis to assist with bookkeeping and

1. Download the cost baseline template. 2. Use the information below to create a timescaled network diagram (FS finishtostart) honoring all dependencies. Assume early start dates for each work package (WP). Outline or highlight the cells to indicate the duration of each work package. Work package one has been done for you as an example. Work

As a group, provide the accounts and debit credit amounts used in the closing entries assuming the following amounts appeared on the adjusted trial balance for Ajay's Accounting Services, a proprietorship owned by Ajay Kahn, for the year ended December 31, 2022. Ignore explanations. Leave a line between each entry. Expenses $25,000 Revenues

Daniel Hill is considering purchasing a new car. The price of the car is 59000, and Daniel hopes to keep it 3 years and then sell it for 23600. Based on past experience, Daniel drives about 13,00m km per year and lives in a downtown apartment where they must pay a 34 per month parking fee Daniel has budgeted the following automobile expense items

The Descriptions Of below Transactions That Occurred During The Accounting Period For Mario's Electronics

A. Sold 1,000 in merchandise on credit. The transaction did not involve sales tax. B. Gave a 500 allowance to a credit customer for damaged merchandise. The original sale was subject to 9 sales tax. C. Received a check for 40 from a credit customer on account. D. Sold 400 in merchandise for cash. The transaction is subject to 7 sales tax E.

The balances of selected accounts of Casper Company on February 28, 20x1, were as follows Sales 390,000 and Sales Returns and Allowances 6,000. The firms net sales are subject to an 9 percent sales tax. Record the payment of the sales tax payable on February 28, 20X1 in the general journal. View transaction list Journal entry worksheet Record

Mune Company entered into a contract for $3,000,000 with Sun Company. The table below shows the fair market value of the obligations to be performed by Mune. Obligation Fair Value One 1,500,000 Two 1,000,000 Three 800,000 Allocate the total contract price to the obligations on a proportional basis.

At the end of September and before the purchases journal was posted, selected general ledger account balances for Paper Products were as follows (each account had a normal balance) Accounts payable Purchases Freight In 5,395 1,760 e The purchases journal had the following totais Purchases, 20,640 Freight in, 1,335, Accounts Payable, 21,975.

Journalize the following transactions 2017 March 1 Started business with cash 50,000 2 Purchased Machinery for cash 20,000 Paid installation charges on machinery 2,000 5 Purchased goods from X of the list price of 25,000, Trade Discount 20% and cash discount 5%. Payment was made in cash immediately. 10 Sold goods to Y costing 10,000 at 30%

During 20X1, Blue Corporation sold products for $2,500,000 with the sales returns and allowances of $50,000. The company incurred selling expenses for $120,000 and administrative expenses for $330,000. During the year, the company purchased 23,000 common shares of Francis Corporation at $8 per share and recorded the FV-NI investments, and

Sadler Corporation produces lawnmowers. The lawnmowers come with a three-year warranty that is not sold separately. During 20X6, Sadler sold 20,000 lawnmowers that cost $5,800,000 to manufacture for $10,000,000 cash. Sadlers accountant estimates that 10 percent will need to be repaired at some point over the next three years at an average cost of

4. Find the simple interest rate for 40,000 worth of merchandise for your tourist store in Wisconsin Rapids with terms 210 n55, if the payment is made on the 10th day. Use exact time and ordinary interest. 5. Suppose in question 1 you can not pay until the 62nd day. You are charged a flat 1.1 Sufcharge fee. What would be your surcharge cost and

Acquirer Shares Outstanding Target Shares Outstanding Acquirer Share Price Target Share Price Stock Consideration Cash Consideration Share Issuance Discount Tax Rate 1,000,000 25,000 5.00 10.00 400,000 200,000 2 25 Given the following data, calculate the pro forma number of shares outstanding (Rounding to the closest whole number).

In addition there is following information: During the year ended 31 December 2019 the following had taken place. 1 Inventory had increased by $17000. 2 Trade receivables had increased by $3000. 3 The bank balance had gone from an overdraft of $7000 to a positive balance. 4 The company had issued 72000 ordinary shares of $0.50 each at par value. 5

The books of account of RF plc for the year ended 31 December 2019 showed the following. Plant and machinery Provision for depreciation of plant and machinery 000 Balance bd Bank Balance bd Dividend General reserve Balance cd 000 100 38 138 Motor vehicles 000 60 60 Balance cd 22 48 Disposal Balance cd Retained earnings 000 8 18 Balance bd Profit

Universe Ltd manufactures 20,000 units of X in a year at its normal production capacity. The unit cost as to variable costs and fixed costs at this level are Tsh 13,000 and Tsh 4,000 respectively. The sellingprice is Tshs 20,000 per unit. Due to trade depression, it is expected that only 2,000 units of X can be sold during the next year. The

Underwater Corp. started the year with a balance of 5,500 on Prepaid Insurance and ending the year with a balance of 6,200. If Underwater paid 8,000 of insurance premiums during the period, what is the amount of insurance expense for the period Uphill Industries started the year with Unearned Service Revenue of 30,000 and ended the year with a

You have been hired by Salt Lake City to design a claw that can hold crates full of sandbags to speed up the flood recovery efforts. Each crate weighs 50 kg. The coefficient of static friction between the claw surfaces and the crate is , 0.75. When the claw is aligned as shown, what minimum force must the spring exert to prevent the crate from

Record the following transactions for the month of November 20X1 in the cash receipts journal. Total, prove, and rule the cash receipts journal as of November 30. Nov. 1 Collected 2,800 from Katie Bing, a credit customer on account. 10 Received a check from Mike Drake to pay his 4,200 promissory note plus interest of 290. 13 Received 4,600 from

The following accounts relate to Noelia Lucero Corporation: Cash $ 100,000 Accounts Receivable 50,000 Building 500,000 Accumulated Depreciation 80,000 Rent Expense 90,000 Retained Earnings 40,000 Dividends 7,000 building 200,000 Rent Expense 25,000 Service Revenue 100,000 Prepare the necessary closing entries based on the aforementioned

1. Your goal is to have $87889. If you can earn 12.41% per year and you invest $10206 today, how many years until you reach your goal? 2. In 1998, the average price of a gallon of gas was $1.06. Today, the average price of a gallon of gas is $2.73. At what annual rate has a gallon of gas increased over the last 20 years? 3. Suppose that 2 years

On January 1, 20X3, Dwayne Ltd. formed Carlos Co., a 100% owned subsidiary. During 20X6, Dwayne sold Carlos $100,000 in goods. The unrealized profit in Carlos's inventories was $20,000 at December 31, 20X5, and $25,000 at December 31, 20X6. Ignoring income taxes, what accounts should Dwayne debit and credit by $25,000 in preparing its consolidated

Coronado Corp. manufactures kitchen appliances and gadgets, like coffee makers and can openers. Recently, the company ramped up production of its iced coffee brewer, anticipating increasing demand in the market. For the month of April, Coronado reported the following activity and cost information for its only production process dedicated to these

A thermocouple Type K is calibrated in lab condition at 50 relative humidity (RH) prior to outdoor operation. After 12month in outdoor installation, the thermocouple is again tested at 75 RH. Both results are shown in the table below. TABLE Q1 Outdoor test (75 RH) Emt output, V (mv) Temperature, T (C) 0 50 100 150 200 Lab condition (50 RH) Emf

Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 28,000 $ 38,000 Direct labor used (in March) 22,000 18,000 Overhead applied (March) 11,000 9,000 Costs during April Direct materials used 139,000 205,000 $ 105,000 Direct labor used 102,000

Required 1. Determine the amount of overhead applied to each job in April. Predetermined overhead rate Overhead applied 306 0.50 307 0.50 308 0.50 April Total 0.50

An investor initially pays K6 000 towards the purchase of K10 000 worth of shares at K100 each borrowing the rest from a broker; (a) . Draw up the investors simple balance sheet to reflect this transaction. (4 marks) (b) . Calculate the initial margin and the margin if the share price falls to K70. (4 marks) (c) . Suppose the maintenance margin is

Lynn Roth is a vice-president at Bellwether Financials. During 2022, Lynn worked the complete year for Bellwether, at a weekly base salary of $3,261. She also earned a year-end bonus equalled to 6% of her base salary at the end of the year. Lynns federal income tax withheld during 2022 was $1,125 per pay period. Also, there was a one-time federal

Watkins Production purchased a new computerized machine at a cost of 450,000. The machine has a residual value of 64,000 and an expected life of 5 years. The actual machine hours were a total of 154,400 over the 5 years. Each year the hours were 55,000 in year 1, 50,000 in year 2, 30,000 in year 3, 13,000 in year 4, and 6,400 in year 5. 1.

Company K operates in a jurisdiction that levies an income tax with the following rate structure Bracket Income from 0 to 75,000 Income from 75,001 to 150,000 Income in excess of 150,000 Company K incurs a 21,200 deductible expense. Percentage Rate 7 10 15 Required a. Compute the current year tax savings from the deduction assuming that Company Ks

Kimly Limited and RES Holdings Limited are public companies limited by shares. Kimly Limited Kimly Limited is one of the largest traditional coffee shop operators in Singapore. The Group operates and manages an extensive network of coffee shops, food courts and industrial canteens. RES Holdings Limited RES is a multiconcept owner and operator of

Giving the following data , draw the balance sheet USING EXCEL :$150,000 lands-:$200,000 equipment :$170 0,000 buildings :$140 ,000account receivable :$ 85,000 account payable - :$10,000 retained earnings :$135,000 long term debts :$60,000 intangible assets :$5,000 prepaid expenses :$10 ,000 annual depreciation for building Draw the balance sheet

Eagle Security Pte Ltd is a leading security company in Singapore. As at 1 January 2023, its cash at bank balance is 250,000. The companys policy is to maintain a minimum cash balance of 100,000. The company is developing a cash budget for January, February and March 2023, and the following information was gathered Cash Receipts Fee revenue for

use 20 years or 1 year when the maturity is 25 years but the financial data is for 2001? which leaves me with 20 years? Current yield on Debt coupon (semi-annual) 6.74% Issued 7/14/96 Maturity 7/14/21 Current price 95.50 Current Yield on UK Treasury 3 months 3.58% 6 months 3.58% 1 year 3.58% 5 year 4.87% 10 year 5.38% 20 year 5.73%

How to calculate DDM Dividend discount model using this data? the yield to maturity is issued at 1996 and the maturity is 2021 currently this data is for july 2001 Historic beta 1996 0.95 1997 0.82 1998 0.82 1999 0.62 2000 0.81 YTD(2001) 0.61 Average 0.7 UK historical equity premiums Geometric mean 5.30% Arithmetic mean 7.20% Consensus EPS

Tycho Ltd is a private limited company. The trial balance for the year ended 31st March 2011 given as below: Dr Cr Ordinary shares of 1 each 50000 Land and building 141000 Motor vehicles 15200 Plant and machinery 28900 Stock at 1st April 2010 38600 Debtors 31900 Prepayments 4200 Bank overdraft 5100 Petty cash 200 Creditors 28300 Outstanding

A factory building costing $500,000 is to be depreciated at 10% per anum using reducing balance method. What will be is written down value after 25 year?

Caprice Oil & Gas has an opportunity to sell new preferred stock for ksh 50 per share that pays a ksh 4.50 annual dividend. If each share has a ksh 2.50 flotation charge, what will be the cost of new preferred stock to the firm ?

1 . When you collect the earned value data for your project, you get the following data: PV = $1,500,000, EV = $ 1,200,000, AC = $1,000,000. You expect the factors for cost variance to continue in the same way in future. The value of the remaining work is $1,000,000. What should be the new EAC for the project? 2 . The latest Earned value report of

en Using the accounts listed below, review the following transactions for April Anglers and record any required journal entries. April Anglers uses the periodic inventory system Accounts Payable Merchandise Inventory Accounts Receivable Cash Cost of Goods Sold Purchases CR Purchase Discounts Purchase Returns and Allowances Sales Sales Discounts

The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation Cash Noncash assets. 53,000 289,000 Liabilities Drysdale, loan Drysdale, capital (50 ) Koufax, capital (30) Marichal, capital (20) 58,000 27,500 95,500 85,500 75,500 a1. Determine the maximum loss that can be absorbed in Step 1. Then,

Record the transactions in the general journal.

a. Received 550,000 cash and issued common stock. Opened a new checking account at Coronado National Bank and deposited the cash received from the stockholders. Paid 45,000 cash for a WOW franchise. b. c. Paid 250,000 cash and issued a 350,000, 10year, 10 notes payable for land with an existing building. The assets had the following market values

Wilson Corporation is performing the test of impairment of its Technology reporting unit at the end of the year. Wilson has determined the fair value of the unit using a multiple of earnings approach at $2,000,000. The carrying value of the net assets of the Technology unit is $2,100,000. What should Wilson do with this information?

Listed here are data for five companies. These data are for the companies 2017 fiscal years. The market price per share is the closing price of the companies stock as of February 28, 2018, two months after the end of their fiscal years. Except for market price per share, all amounts are in millions. The shares outstanding number is the

VaR observed at 95 Asset1 Asset2 Asset3 Value 500 200 300 Vol 10 20 30 What is the marginal in VaR dollars Correlation 100 50 10 50 100 50 10 50 100 What is the marginal VaR in percent What is the change in VaR when an additional 50 is invested in Asset 3 How to use excel to calculate the above

4.1 Suppose Smarty Limited wants to make provisions for 10% increase in fixed cost and an increase in variable cost by R 0.20 per unit. Taking these increases into account calculate the following: 4.1.1 Safety Margin as a percentage 4.1.2 The number of units that need to be sold to earn a net profit of R 850 000.

Smarty Limited manufactures and sells only one product. The budgeted details for 2022 are as follows. Number of units sold per month Selling price per unit Variable cost per unit Total fixed costs. 185 000 R5,00 R3,60 R2 350 000,00

You are hired as a consultant for an investment firm. Your first job is to analyze a recent bond issued by a bank The bond is a 40 year bond that pays annual payments, with a face value of $350.000 and the yield is 12%. The bond currently pays a coupon rate of 7%. The investment firm wants you to answer the following questions about the bond

Company a is leasing equipment from company b, company b has quoted a total payment of $50000 a month, which includes $4000 a month for ongoing maintenance that will be provided by company B. What is the executory cost of this transaction?

A company has a total direct material cost of NOK 1 mill., and total indirect costs of NOK 0.8 mill. (so the company's total cost is NOK 1.8 mill). The indirect costs are to be allocated on the basis of direct materials. What is the indirect cost allocation rate?

How to calculate CAPM using this data? Historic beta 1996 0.95 1997 0.82 1998 0.82 1999 0.62 2000 0.81 YTD(2001) 0.61 Average 0.7 UK historical equity premiums Geometric mean 5.30% Arithmetic mean 7.20% Consensus EPS estimates Fiscal year2002 2.31 Fiscal Year 2003 2.66 Current Yield on UK Treasury 3 months 3.58% 6 months 3.58% 1 year 3.58% 5 year

A company has computed an indirect allocation rate of 50% based on direct wages for a quality control department, and an 80% allocation rate (based also on direct wages) to cover indirect costs in the sales and administration department. Both indirect departments have 30% variable costs. Direct wages is considered to be a variable cost, and the

Purchased a car for $10,000 and expect to have a $1000 engine overall in 5 years. If the car life is 10 years with a salvage value if $0. What is the EUAC of the car if interest rate is 5%. ?

UK historical equity premium Geometric mean 5.40% Arithmetic mean 7.20% Do I use geometric mean or arithmetic mean to calculate Capital Asset Pricing Model (CAPM)?

If a company has sales of $100 mill., variable costs of $20 mill, fixed costs of $60 mill, what must sales be for the company to acheive a profit of $25 mill?

Corporation A issues a $100,000, six-year convertible bond at 104 on January 1, 19B. This bond is convertible into 1,000 shares of $100 par common stock. Three years later, when the market value of the stock is $120, the bondholder converts the bond and receives a $500 sweetener. Prepare the entries for the original issuance and the conversion.

In this part of the project, we will be using R to run simulations of the model that is, the model proposed by J. Chang in his paper Recent common ancestors of all presentday individuals. Before proceeding, make sure you fully understand that model. 1.1 Function to simulate the TMRCA Write an R. function that receives as input the size n of the

The structure shown below supports a water tank of diameter D and height h (the water tank is not shown). (a) How should the structure shown be augmented changed to support the water tank (b) Identify the type of loads acting on the structure. (c) What load combinations need to be considered (Specify the types of loads as well as the correct load

R. Foster Wynans, a reporter for the Wall Street Journal, wrote the "Heard on the Street" column, which noted rumors about various companies. Using his knowledge of what would be in his column--knowledge which was not publicly available--Wynans and a Confederate traded on the information, earning above-market returns. Which form of market

Which of the following statements is true: A. Only the EPA has the authority to regulate GHGs. B. Only the states have the authority to regulate GHGs. C. Both the EPA and the states have the authority to regulate GHGs. D. Neither the EPA nor the states have the authority to regulate GHGs these gases are governed by the Paris Accord.

The figure below is a component of a mechanical system. We want to represent its weight. 1) Divide this component into common 3D shapes. 2) Calculate the coordinates of the center of gravity G of the component. 3) Represent the weight of the entire body below in a figure not on scale. 1 cm 10 cm 3 cm 12 am 6 cm 3 cm 5 cm 4 cm 1 cm

In a crank and slotted lever quick return mechanism the distance between the fixed centers is 240 mm and the length of the driving crank is 120mm .Find the inclination of the slotted bar with the vertical in the extreme position and the time ratio of cutting stroke to the return stroke. If the length of the slotted bar is 450mm find the length of

Which of the answers is the correct Simulink block diagram for the following equation of motion Also, use your MATLAB to create a block diagram from the following equation of motion, and submit the Simulink file as well as a screenshot of the output (your block diagram) into the dropbox. f(t) mx kx kx step None of these answers step m step m S

With the recent pandemic most central banks had announced several interest rate cuts to stimulate the economic activity. Due to this, you forecast that the yield will fall by 1 percent. Estimate the future price of a 6 percent, semi-annual bond maturing in THREE years with an initial yield to maturity of 10 percent. Suggest if this bond is a

Think about how the value of a forward contract on a dividend paying stock changes over time. Suppose that the continuous dividend yield of the stock of JKL is q = 3% per annum. On January 30, 2020, the stock is traded at $100. The continuously-compounded risk-free rate is rc = 6% per annum. (1) You want to enter a long position of forward

The debt instrument commonly issued by the Company is called 2.The amount of yield received by bond buyers, usually measured in called 3. The formula using D P (rg) is 4. Quality Bond which AAA is quality 5. The measure of the yield received by the buyer of the bond is called

Suppose you are managing a welldiversified portfolio of 200 million of U.S. stocks with the market risk of (B 0.98). Suppose market declines by 15. Calculate your loss (in dollars) and the value of your portfolio after 15 decline (calculate the portfolio value in dollars after market decline). You are worry about the stock market decline and

The Addopa Co. has a projected annual EBIT of $5,000. The company is currently 100% equity financed with a cost of equity of 14%. The tax rate is 34% and the cost of debt is 10%. What is the value of the firm if they borrow $12,000?

Jack buys an asset for $80. To hedge its risk, Jack buys a one year put option for $2 with the strike price of $80 on the same asset. Draw both positions (long position in the asset and the long put option) on the same graph. Graph: Label all points What are the value of Jack's investment (both his asset and the put) for 0 ST$80, 80 STST> $82 at

Os. N OF hxVP N BP FXQF mxn 2 (1 APR) 1 N m EAR Formulas hp A(re) F,rSoe(ra)T F SoerT F (S1)erT N PxDp A (market) FCXDF APPxDpx Ay C rqu C rrg AFC FcxDxAy F (S)e(r uy)T F ( ) So ( )e(se) F (So U)eT VE F SXQAN PP 12 P VF Fx250 A n1 112 1 xn Rc Remix(1 R) m m In 1 m 1 N ( B ) PA. N ( ) PA bSF

I have a case where a company is taking out a 350,000 bank loan. The question is : What are the risks, payback periods, and returns of accepting various sizes of lines of credit? Evaluate the tradeoffs and include thorough explanation for each strategy?

Discuss the basic concept of risk shifting and risk-sharing underlining insurance business and adverse selection as it occurred with respect to those seeking and not seeking cover under the affordable care act. What is risk shifting and risk-sharing? How does it relate to the Affordable care act?

If you are a competing credit card provider, how do you respond to the Chase SapphireReserve? How should Chase position itself to be ready for these competitive responses? How successful will Chase be at retaining Chase Sapphire Reserve customers into their secondyear? Why? What would you suggest they do to improve their odds of retaining their

Determine the effect of the following errors on the financial statements. Code your answers as follows O: If the error results in an overstatement of the financial statement component. U: If the error results in an understatement of the financial statement component. N. If the error does not affect the financial statement component. Error 1: A

21st Century Farms Inc. is a hightech farming operation that has successfully patented methods for quick and efficient farming 365 days a year in all kinds of weather. As their accountant, you have been asked to prepare a partial balance sheet for their fixed assets for the year ended December 31, 2016. Their books currently show the following

Write an essay in which you analyse the income/capital distinction in taxation law. In your essay also includediscussion on how some capital receipts may be captured under the income regime due to the Bright-Line Test. Essay Writing Guidelines Support your discussion with information from the Income Tax Act 2007 (ITA 2007), relevant cases,

A company is considering the purchase of a universal grinding machine. The following table sets out a forecast of the annual accounting profit Revenues Costs a Pretax profit 430,000 300,000 130,000 32,500 97,500 Tax at 25 Aftertax profit aNote costs include depreciation of 90,000. Calculate the operating cash flow using the three methods set out

Fely started a food business and she needs to know how much her plates cost to make to know how much her profit is: She has 3 sizes or seafood trays MEDIUM contains : 2 lobster, 4 crab legs, 1 crab claws, 8 shrimps, 6 potatoes 2 corns 6 sausages LARGE contains : 4 lobster, 6 crab legs, 3 crab claws, 16 shrimps 10 potatoes 4 corns 12 sausages

For iShares S&P/TSX Capped Energy Index ETF: What is the current market value (in $ millions) of the fund? 2) Who is the investment fund manager? 3) Does the ETF track a benchmark index? If so, what is that index? 4) If the fund tracks a benchmark index, how is that index weighted (eg. market capitalization, equal etc.)? 5) What are the top 2

Volatility is the up-and-down movement of the market. It is usually measured by the standard deviation from the expectation. If you look at a day,the movement is typically up, but not by very much. Any movement up or down from its expectation is volatility. The volatility of the stock market is roughly 20% a year and 5.8% a month,but volatility

Johnson Mills reported the following information in its 2015 financial statements ($ in millions): 2015 2014 Balances: Accounts receivable, net ps 3,350.2 ps 2.277,4 Income statement 2015: sales revenue ps 19.683,6 In a note it was reported that the provision for uncollectible accounts had a balance of $48.4 million and $44.5 million at the end of

1.On Sheet1 in this file, in the Summary Analysis section, enter XLOOKUP functions to determine Net Sales, Gross Profit, Net Earnings and % Earnings based on the input to be entered in the Quarter cell (highlighted yellow).- Enter and display the results for the third quarter. - Update cell formatting so formula results are displayed properly

A 1 Year Ending December 31, 2020 1234SGR 00 o 4 Summary Analysis 5 6 7 8 Enter Quarter to be analyzed here 9 Income Statement 10 11 Product Revenue, Net 12 Service Revenue, Net 13 Net Sales 14 15 Cost of Sales 16 Gross Profit 17 18 Selling, general and administrative 19 Depreciation and amortization 20 Impairment loss 21 Total Operating Expenses

follows D Corporations taxable income for the year was computed as Gross income from operations.... Less Operating expenses.. Net income from operations Dividend income.. Longterm capital gain.... Less Capital loss carryover.. Income before special deductions Net operating loss carryover Dividendsreceived deduction. Total of special

Sorin A.., a company that manufactures and sells a single product.announced its January income statement with contribution margin format. Sales (3,700 units) $ 92.500 variable expenses 55.500 Contribution margin 37.000 Fixed costs 27.000 Net operating income $ 10.000 If the company sells 4,300 units, what should be the total contribution margin ?

1. Transportation of Hard Disk Drives. A hard disk drive (HDD) manufacturer is loo king to solve a logistics problem for its North American market. The HDD manufacturer has 3 production centres in Sunnyvale (California), Dublin (Ireland) and Bangkok (Thai land) respectively. The manufacturer serves its North American demand of HDD through 4

You have the following guest-night numbers for the last 12 months for Inland Inn. What is the moving average number of guests for the year? Guest Nights january 5.300 February 6.100 March 6.200 april 7.000 May 9.000 June 9.600 July 9.700 August 10.100 September 8.300 October 7.600 November 8.000 December 7.100

The Virginia Company, a merchandising firm, operated 4 sales offices last year at a total cost of $560,000, of which $76,000 was fixed cost. Virginia has determined that total costs are significantly influenced by the number of sales offices operated. Last year's costs and the number of sales offices can be used as the basis for predicting annual

On December 31, 2019, Krug Company prepared adjusting entries that included the following items: Depreciation expense: $36,000. Accrued sales revenue: $34,000. Accumulated spending: $18,000. Insurance used: $8,000; the insurance was initially recorded as prepaid. Earned rental income: $6,000; the rent was initially paid in advance by the lessee

Wheeler Company can produce a product that incurs the following costs per unit: direct materials, $9.20; direct labor, $23.20 and overhead, $15.20. A third-party vendor has offered to sell the product to Wheeler for $42.16. If Wheeler buys from the supplier, it will still incur 45% of its overhead costs. Calculate the net incremental cost or

Bouvous Corporation had the following information for 2015: Revenues 410.000 $ operating expenses 340.000 Total assets 500.000 Calculate ROI?

Consider a twodimensional extended surface, which moves with constant velocity V along the xaxis. Assume conduction in the moving direction is negligible. The inlet temperature is uniform, 0o. For x0, the surfaces are kept at zero temperature. Find the steady temperature distribution with respect to the stationary coordinate system. (Hint the

Lupin Pharmaceuticals, an Indian transnational pharmaceutical company, develops and markets a wide portfolio of branded and generic products. The company reported the following in its 2018 annual report. INR millions 2018 2017 2016 Trade receivables $47,528.4 $39,486.5 $41,811.1 Less provision for doubtful receivables 306.9 318.4 448.2 Trade

The following integral is given as a function of x as X F(x) In(t)e Sin (1) dt 20 We want to calculate this form of integral using Taylor series expansion. Write all your calculations in detail at each iteration. a) Calculate the function value F(x25) using the function properties evaluated at point x20. Starting from the lowest term in Taylor

A company produces a good that has the following production costs : Direct material costs: $ 50,000 Direct labor costs: $ 30,000 General production expenses: Variable: $ 20,000 Fixed: $ 15,000 General administrative expenses: $25,000 The company's production capacity is 12,000 units. The number of pieces produced during the period is 8,000. What

For the base case in this section, as a percentage of sales, COGS 70 percent, SGA 14 percent, RD 2.8 percent. Depreciation, Interest expense are fixed as stated. Tax Rate is 21 percent. 1.a Given the following case, calculate the independent effects of a 1 percent increase in Gross Margin, a 1 percent decrease in the TaxRate, and a 5 percent

You have decided to make some extra cash to pay for college. You had the bright idea to open up a Cheap Crap Pawn Shop. One day you will be a billionaire thanks to this idea, and Zuckerberg will be jealous. But to get there, you have to get your books done, and you cant cook em If you get the accounting done right, your bank will loan you the

Established in 2016, Marshall Company has created a single account for all intangible assets.The following summary describes the debit entries recorded in 2017. 1/2/17 Purchased patent (8 years lifetime) 350.000 $ 1/4/17 Goodwill of purchase (indefinite life) 360.000 1/7/17 Franchise purchased for 10 years;expiry date 1/7/27 450.000 1/8/17 Payment

Use the following thermochemical equation to calculate how much heat in kilojoules is evolved or absorbed in each of the following processes. 2H2(g)02(g)2H2O(1) AH571.6kJ PART A 14.40 g of gaseous hydrogen burns in excess oxygen. Is heat evolved or absorbed How much heat in kilojoules is evolved in this process Part B 5.445 mol of liquid water is

Roberto Corporation was organized on January 1, 2021.The firm was authorized to issue 98,000 shares of $5 nominal stock.In 2021, Roberto made the following equity transactions: Issued 9,000 common shares at $6.40 per share. It issued 20,600 common shares at $9.60 per share. It reported a net income of $102,000. It paid $46,000 in dividends.

Plot the response of the massspringdamper system (m 10kg, c100Nsm, k4000Nm) using SIMULINK with four types of inputs shown below Include Matlab codes a) f(t) 2000 b) f(t) 2000t c) f(t) 2000 sin(0.5t) d) f(t) 2000 cos(5t) wwwww 3 wwww f(t) k

Hardgrave Machine Company produces computer components at its factories in Cincinnati, Kansas City, and Pittsburgh. These factories have not been able to keep up with the demand for orders which is 46000 units. As a result, the firm has decided to build a new factory to expand its productive capacity. The two sites being considered are Seattle,

True Blue Jeans sold for $12,000 cash, the cost of these goods was $7,200. Record the journal entries, when a company uses the perpetual inventory system.

Narra Company manufactures different designs of love seats. At the start, the company built a large plant with the expectation that the demand for its product will increase once the market is developed. However, at present, the company utilizes only 70 of its plant capacity. An account executive received an offer from a large motel chain to

A car deck on a bridge is fastened by a hinge on one end and is resting on rollers on the other end. The deflection of the bridge when subject to the static weight of a car is to be estimated. A scaled physical model of the system is set up in a laboratory. The system is also modeled as a simply supported Euler-Bernoulli beam. Measurements on the