Kozma Company chart if accounts includes the following selected accounts: 101 Cash, 112 Accounts Receivable, 120 Inventories, 301 Owners Capital, 401 Sales Revenue, 414 Sales Discounts, 505 Cost of Goods Sold
On April 1st the accounts receivable ledger of Kozma Company showed the following balances: Morrow 1550, Rose 1200, Jennings Co 2900, and Dent 2200. The April transactions involving the receipt of cash as follows :
April : Apr. 1 The owner, T. Kozma, invested additional cash in the business $7,200.
4 Received check for payment of account from Dent less 2% cash discount.
5 Received check for $920 in payment of invoice no. 307 from Jennings Co.
8 Made cash sales of merchandise totaling $7,245. The cost of the merchandise sold was $4,347.
10 Received check for $600 in payment of invoice no. 309 from Morrow.
11 Received cash refund from a supplier for damaged merchandise $740.
23 Received check for $1,000 in payment of invoice no. 310 from Jennings Co.
29 Received check for payment of account from Rose.(No Cash Discounts Allowed)
Instructions
a) Journalize the transactions above in a six-column cash receipts journal with columns for cash DR. sales discount DR. Accounts Receivable CR. Sales revenue CR. Other Accounts CR. AND cost of goods sold DR/ inventory CR. Foot and cross foot the journal.
a) Balancing Totals $25,452
b) Insert the beginning balances in the accounts receivable control and subsidiary accounts, and post the April transactions to these accounts.
c) Prove the agreement of the control account and subsidiary account balances.
c) Accounts Receivable $1,930
Journalize transactions in cash payments journal, post to control account and subsidiary ledgers.
In: Accounting
In C++ and their need to be 3 files please
Instructions
In this lab, you will modify the Student class you created in a previous lab. You will modify one new data member which will be a static integer data member. Call that data member count. You also add a static method to the Student class that will display the value of count with a message indicating what the value represents, meaning I do not want to just see a value printed to the screen.
Change main so that it calls this new method towards the end of the program. Call the method using the static syntax; do not use one of the instances of the Student class.
You will also need to change the Student constructor so that it increments the new data member you added, count. In your post explain why you get the value it displays.
Download Source Lab 7 Files:
File 1.) Source.cpp
#include
#include "Student.h"
using namespace std;
int main()
{
Student rich(2);
rich.DisplayStudent();
Student mary(3);
mary.DisplayStudent();
return 0;
}
File 2.) Student.cpp
#include "Student.h"
Student::Student(int numGrades)
{
quanity = numGrades;
grades = new int[numGrades];
name = "rich";
grades[0] = 88;
grades[1] = 96;
}
Student::~Student()
{
delete[] grades;
}
void Student::DisplayStudent()
{
cout << "Grades for " << name << endl;
for (int index = 0; index < quanity; index++)
{
cout << *(grades + index) << endl;
}
}
File 3.) Student.h #pragma once
#include
#include
using namespace std;
class Student
{
public: Student(int numGrades);
~Student();
void DisplayStudent();
private: string name;
int* grades;
int quanity;
};
In: Computer Science
When one company buys another company, it is not unusual that some workers are terminated. The severance benefits offered to the laid-off workers are often the subject of dispute. Suppose that the Laurier Company recently bought the Western Company and subsequently terminated 20 of Western’s employees. As part of the buyout agreement, it was promised that the severance packages offered to the former Western employees would be equivalent to those offered to Laurier employees who had been terminated in the past year. Thirty-six-year-old Bill Smith, a Western employee for the past 10 years, earning $32,000 per year, was one of those let go. His severance package included an offer of 5 weeks’ severance pay. Bill complained that this offer was less than that offered to Laurier’s employees when they were laid off, in contravention of the buyout agreement. A statistician was called in to settle the dispute. The statistician was told that severance is determined by three factors: age, length of service with the company, and pay. To determine how generous the severance package had been, a random sample of 50 Laurier ex-employees was taken. For each, the following variables were recorded:Number of weeks of severance pay,Age of employee,Number of years with the company,Annual pay (in thousands of dollars),
A. Determine the regression equation.
B.Comment on how well the model fits the data.
***USE EXCEL, or xlstat***
| Weeks SP | Age | Years | Pay |
| 13 | 37 | 16 | 46 |
| 13 | 53 | 19 | 48 |
| 11 | 36 | 8 | 35 |
| 14 | 44 | 16 | 33 |
| 3 | 28 | 4 | 40 |
| 10 | 43 | 9 | 31 |
| 4 | 29 | 3 | 33 |
| 7 | 31 | 2 | 43 |
| 12 | 45 | 15 | 40 |
| 7 | 44 | 15 | 32 |
| 8 | 42 | 13 | 42 |
| 11 | 41 | 10 | 38 |
| 9 | 32 | 5 | 25 |
| 10 | 45 | 13 | 36 |
| 18 | 48 | 19 | 40 |
| 17 | 52 | 20 | 34 |
| 13 | 42 | 11 | 33 |
| 14 | 42 | 19 | 38 |
| 5 | 27 | 2 | 25 |
| 11 | 50 | 15 | 36 |
| 10 | 46 | 14 | 36 |
| 8 | 28 | 6 | 22 |
| 15 | 44 | 16 | 32 |
| 7 | 40 | 6 | 27 |
| 9 | 37 | 8 | 37 |
| 11 | 44 | 12 | 35 |
| 10 | 33 | 13 | 32 |
| 8 | 41 | 14 | 42 |
| 5 | 33 | 7 | 37 |
| 6 | 27 | 4 | 35 |
| 14 | 39 | 12 | 36 |
| 12 | 50 | 17 | 30 |
| 10 | 43 | 11 | 29 |
| 14 | 49 | 14 | 29 |
| 12 | 48 | 17 | 36 |
| 12 | 41 | 17 | 37 |
| 8 | 39 | 8 | 36 |
| 12 | 49 | 16 | 28 |
| 10 | 37 | 10 | 35 |
| 11 | 37 | 13 | 37 |
| 15 | 44 | 19 | 33 |
| 5 | 31 | 6 | 37 |
| 8 | 42 | 9 | 36 |
| 11 | 40 | 11 | 32 |
| 15 | 35 | 15 | 30 |
| 11 | 46 | 13 | 40 |
| 6 | 25 | 5 | 33 |
| 6 | 40 | 7 | 33 |
| 13 | 40 | 14 | 48 |
| 9 | 38 | 10 | 37 |
In: Math
Calculation of individual costs and WACC - Dillon Labs has asked its financial manager to measure the cost of each specific type of capital as well as the weighted average cost of capital The weighted average cost is to be measured by using the following weights: 30% long term debt, 20% preferred stock, and 50% common stock equity.
Debt - the firm can sell for $1010 a 15-year, $1,000 par value bond paying annual interest at a 6.00% coupon rate. A flotation cost of 3.5% of the par value is required.
Preferred stock - 9.50% (annual dividend) preferred stock having a par value of $100 can be sold for $98. An additional fee of $6 per share must be paid to the underwriters.
Common stock - The firm's common stock is currently selling for $59.43 per share. The stock has paid a dividend that has gradually increased for many years, rising from $2.70 ten years ago to the $4.40 dividend payment D0, that the company just recently made. If the company wants to issue new new common stock, it will sell them $1.50 below the current market price to attract investors, and the company will pay $3.50 per share in flotation costs.
a. calculate the after-tax cost of debt.
b. calculate the cost of preferred stock.
c. calculate the cost of common stock (both retained earnings and new common stock).
d. calculate the WACC for Dillon Labs.
In: Finance
Java
This is background information First, code this project. Write a program that determines the change to be dispensed from a vending machine. An item in the machine can cost between 25 cents and a dollar, in 5-cent increments (25, 30, 35, ..., 90, 95, or 100) and the machine only accepts a single dollar bill to pay for the item. For example, a possible dialogue with the user might beEnter price of item(from 25 cents to a dollar, in 5-cent increments): 45You bought an item for 45 cents and gave me a dollar,so your change is 2 quarters,0 dimes, and 1 nickel.
You can write this program based on the program or with if statements. After getting it to work, include input checking. Display the change only if a valid price is entered (no less than 25 cents, no more than 100 cents, and an integer multiple of 5 cents). Otherwise, display separate error messages for any of the following invalid inputs: a cost under 25 cents, a cost that is not an integer multiple of 5, and a cost that is more than a dollar.
Write comments
In: Computer Science
What you think a historian's job is, what skills a historian needs to do that job, and how those skills might be applicable to your career and/or major goals.
In: Economics
A bullet with mass m = 0.1 kg grams hits a ballistic pendulum with length L = 3 meters and mass M = 2 kg and lodges in it. When the bullet hits the pendulum it swings up from the equilibrium position and reaches an angle 15 degrees at its maximum. In this problem, you will determine the bullet’s velocity. First, I want to ask you a couple of questions:
B.While the bullet is embedding into the block, is momentum conserved? Why or why not?
C. When the pendulum swings up to its maximum angle, is energy conserved? Why or why not?
D.When the pendulum swings up to its maximum angle, is momentum conserved? Why or why not?
E. Find the velocity of the bullet.
In: Physics
a) Explain how a sodium ion (Na+ 1) is created, its stability and why it takes on this charge. List the following values to help you answer this question: the size of the sodium ion; atomic size of the neutral atom and the Effective nuclear charge; each ionizations potential for each electron in the atom; the electron affinity and the electronegativity. Reference your source for this information.
b) Explain atomic size, ionization potential, electronegativity and the general periodic trend for each of these properties. Arrange the following atoms: O, Se, C, Si, F in order of increasing atomic radius, in order of increasing electronegativity and in order of increasing ionization energy. Explain how you developed your list and explain the similarities or differences between the lists.
In: Chemistry
**Python**
4. Running total of product and sum of integers input by a user
Write a function ProdSum that asks a user to input a number from one to 99. If the input number is less than or equal to 25, then calculate the running product of each number inputted by the user that is less that or equal to 25. If the number is greater than 25, then calculate the running sum of each number inputted by the user that is greater that 25. If the user enters zero as input, then print out the total running product calculated and the total running sum calculated and end the function.
Assume the user can input as many numbers as desired until inputting a zero. Make sure you test the number inputted by the user to ensure it is in the range from zero to 99 and inform the user if the number is not in the range and to try again. Also print the appropriate labels for the two calculations in your print statements, as well as the number inputted by the user..
For Example:
Enter a number from 1 to 99 or 0 to Exit: 5
Enter a number from 1 to 99 or 0 to Exit: 83
Enter a number from 1 to 99 or 0 to Exit: 21
Enter a number from 1 to 99 or 0 to Exit: 55
Enter a number from 1 to 99 or 0 to Exit: 13
Enter a number from 1 to 99 or 0 to Exit: 64
Enter a number from 1 to 99 or 0 to Exit: 0
The product of the numbers [5, 21, 14] is 1470
The sum of the numbers [83, 55, 63] is 201
In: Computer Science
The Beer’s Law calibration curve for this experiment was
obtained at the appropriate wavelength and gave the following
linear regression equation:
Absorbance = 4898 (Concentration) + 0.055
Suppose 5.0 mL of 0.0020 M Fe(NO3)3 dissolved in 0.50 M HNO3 are mixed with 5.0 mL of 0.0020 M HSCN dissolved in 0.50 M HNO3, and the absorbance of the solution is measured to be 0.30. What is the equilibrium constant for the following reaction? Assume that the H+ concentration stays constant at 0.50 M.
Fe3+(aq) + HSCN(aq) ⇌ FeSCN2+(aq) + H+(aq)
In: Chemistry
Complete combustion of 3.60 g of a hydrocarbon produced 11.6 g of CO2 and 3.95 g of H2O. What is the empirical formula for the hydrocarbon?
In: Chemistry
A friend approaches you about a nutritional product and ask you if it is worth it. He shows you a HGH cream called Somaderm that is a homeopathic human growth hormone, meant to penetrate the skin and reduce wrinkles, improve sleep, experience vivid dreams, promote muscle and bone growth, and reduce fat.
Use: concentration gradients, diffusion, active or passive transport, layers of the skin, what substances can or cannot pass through the skin and why.. to explain if the supplement is beneficial or if it is a scam.
In: Anatomy and Physiology
The one rate that truly represents the interest earned in a year is the annual effective yield. (or effective annual interest rate).
True
False
Market interest rates are supposed to reflect any anticipated changes in earning power as well as purchasing power in the economy.
True
False
When you pay cash for a car, you lose the opportunity to earn interest on the money you spend.
True
False
In: Finance
On January 1, 2018, Nguyen Electronics leased equipment from Nevels Leasing for a four-year period ending December 31, 2021, at which time possession of the leased asset will revert back to Nevels. The equipment cost Nevels $841,368 and has an expected economic life of five years. Nevels expects the residual value at December 31, 2021, will be $117,000. Negotiations led to the lessee guaranteeing a $174,000 residual value. Equal payments under the lease are $217,000 and are due on December 31 of each year with the first payment being made on December 31, 2018. Nguyen is aware that Nevels used a 9% interest rate when calculating lease payments.
Required:
1. Prepare the appropriate entries for both
Nguyen and Nevels on January 1, 2018, to record the lease.
2. Prepare all appropriate entries for both Nguyen
and Nevels on December 31, 2018, related to the lease.
In: Accounting
Please, Describe
In: Computer Science