Questions
In Linux, if a mount point is /usr and the device george/homework/files is mounted on /usr,...

In Linux, if a mount point is /usr and the device george/homework/files is mounted on /usr, what is the complete path name to access the files directory?

In: Computer Science

Design a shell program to remove all the shell programming files ending with sh on your...

Design a shell program to remove all the shell programming files ending with sh on your home directory when a SIGINT signal is received.


In: Computer Science

Write a bash script to download two files, say file1.gz and file2.gz from a given web...

Write a bash script to download two files, say file1.gz and file2.gz from a given web address to the directory "assignment5"

In: Computer Science

Spahr Company produces a part that is used in the manufacture of one of its products....

Spahr Company produces a part that is used in the manufacture of one of its products. The unit manufacturing costs of this part, assuming a production level of 5,000 units, are as follows:

Direct materials

$2.00

Direct labour

$4.00

Variable manufacturing overhead

4.00

Fixed manufacturing overhead

$2.00

Total cost

$12.00

The fixed overhead costs are unavoidable.

  1. Erickson Company has offered to sell 5,000 units of the same part to Spahr Company for $11 per unit. Assuming the company has no other use for its facilities, what should Spahr Company do?
    1. Make the part and save $1 per unit.
    2. Make the part and save $3 per unit.
    3. Buy from Erickson and save $1 per unit.
    4. Make the part and save $5 per unit.

  1. Assuming no other use for its facilities, what is the highest price per unit that Spahr Company should be willing to pay for the part?
    1. $10
    2. $8
    3. $12
    4. $6

Use the information below to answer the following question(s):

Cruise Company produces a part that is used in the manufacture of one of its products. The unit manufacturing costs of this part, assuming a production level of 6,000 units, are as follows:

Direct materials

$4.00

Direct labour

$4.00

Variable manufacturing overhead

$3.00

Fixed manufacturing overhead

$4.00

Total cost

$15.00

The fixed overhead costs are unavoidable.

  1. Assuming Cruise Company can purchase 6,000 units of the part from Suri Company for $13 each, and the facilities currently used to make the part could be rented out to another manufacturer for $24,000 a year, what should Cruise Company do?
    1. Make the part and save $6.00 per unit.
    2. Make the part and save $2.00 per unit.
    3. Buy the part and save $2.00 per unit.
    4. Buy the part and save $4.00 per unit.

  1. Assume Cruise Company can purchase 6,000 units of the part from Suri Company for $13.00 each, and the facilities currently used to make the part could be used to manufacture 6,000 units of another product that would have an $7 per unit contribution margin. If no additional fixed costs would be incurred, what should Cruise Company do?
    1. Make the new product and buy the part to earn an extra $5.00 per unit contribution to profit.
    2. Make the new product and buy the part to earn an extra $6.00 per unit contribution to profit.
    3. Continue to make the part to earn an extra $2.00 per unit contribution to profit.
    4. Continue to make the part to earn an extra $5.00 per unit contribution to profit.

In: Accounting

Use the information below to answer the following question(s): Cruise Company produces a part that is...

Use the information below to answer the following question(s):
Cruise Company produces a part that is used in the manufacture of one of its products. The unit manufacturing costs of this part, assuming a production level of 6,000 units, are as follows:
Direct materials $4.00
Direct labour $4.00
Variable manufacturing overhead $3.00
Fixed manufacturing overhead $1.00
Total cost $12.00
The fixed overhead costs are unavoidable.
6. Assuming Cruise Company can purchase 6,000 units of the part from Suri Company for $9 each, and the facilities currently used to make the part could be rented out to another manufacturer for $24,000 a year, what should Cruise Company do?
a. Make the part and save $6.00 per unit.
b. Make the part and save $2.00 per unit.
c. Buy the part and save $2.00 per unit.
d. Buy the part and save $6.00 per unit.

7. Assume Cruise Company can purchase 6,000 units of the part from Suri Company for $14.00 each, and the facilities currently used to make the part could be used to manufacture 6,000 units of another product that would have an $8 per unit contribution margin. If no additional fixed costs would be incurred, what should Cruise Company do?
a. Make the new product and buy the part to earn an extra $5.00 per unit contribution to profit.
b. Make the new product and buy the part to earn an extra $6.00 per unit contribution to profit.
c. Continue to make the part to earn an extra $2.00 per unit contribution to profit.
d. Continue to make the part to earn an extra $4.00 per unit contribution to profit.





8. What does a favourable direct materials price variance indicate?
a. The actual cost of materials purchased was greater than the standard cost of materials purchased.
b. The standard cost of materials purchased was less than the actual cost of materials purchased.
c. The standard cost of materials purchased was greater than the actual cost of materials purchased.
d. The actual quantity of materials used was less than the standard quantity of materials used for actual production.

9. In flexible budgets, costs that remain the same regardless of the output levels within the relevant range are
a. allocated costs.
b. budgeted costs.
c. fixed costs.
d. variable costs.
e. estimated costs.

10. Actual overhead is $698,000, while budgeted overhead is $598,000. What is the fixed overhead static-budget variance if 250,000 units are produced and 225,000 are budgeted?
a. $80,000 favourable
b. $100,000 unfavourable
c. $100,000 favourable
d. $101,000 unfavourable
e. $102,000 favourable

In: Accounting

I can't figure out part B. Net Present Value Method Carnival Corporation has recently placed into...

I can't figure out part B.

Net Present Value Method

Carnival Corporation has recently placed into service some of the largest cruise ships in the world. One of these ships can hold up to 3,600 passengers and cost $750 million to build. Assume the following additional information:

There will be 300 cruise days per year operated at a full capacity of 3,600 passengers.
The variable expenses per passenger are estimated to be $90 per cruise day.
The revenue per passenger is expected to be $450 per cruise day.
The fixed expenses for running the ship, other than depreciation, are estimated to be $100,000,000 per year.
The ship has a service life of 10 years, with a residual value of $120,000,000 at the end of 10 years.


Present Value of $1 at Compound Interest
Year        6%         10%      12%      15%      20%
1            0.943    0.909    0.893    0.870    0.833
2            0.890    0.826    0.797    0.756    0.694
3            0.840    0.751    0.712    0.658    0.579
4            0.792    0.683    0.636    0.572    0.482
5            0.747    0.621    0.567    0.497    0.402
6            0.705    0.564    0.507    0.432    0.335
7            0.665    0.513    0.452    0.376    0.279
8            0.627    0.467    0.404    0.327    0.233
9            0.592    0.424    0.361    0.284    0.194
10           0.558    0.386    0.322    0.247    0.162


Present Value of an Annuity of $1 at Compound Interest
Year        6%         10%      12%      15%      20%
1            0.943    0.909    0.893    0.870    0.833
2            1.833    1.736    1.690    1.626    1.528
3            2.673    2.487    2.402    2.283    2.106
4            3.465    3.170    3.037    2.855    2.589
5            4.212    3.791    3.605    3.353    2.991
6            4.917    4.355    4.111    3.785    3.326
7            5.582    4.868    4.564    4.160    3.605
8            6.210    5.335    4.968    4.487    3.837
9            6.802    5.759    5.328    4.772    4.031
10           7.360    6.145    5.650    5.019    4.192

a. Determine the annual net cash flows from operating the cruise ship. Enter all amounts as positive numbers.

Revenues                              $486,000,000
Less: Variable expenses                97,200,000
      Fixed expenses                   100,000,000
Annual net cash flows                 $288,800,000

b. Determine the net present value of this investment, assuming a 12% minimum rate of return. Use the present value tables above.

Present value of annual net cash flows   $1,632,008,800
Present value of residual value             120,000,000
Total present value                      $1,752,008,800
Initial investment                          750,000,000
Net present value                        $1,002,008,800

In: Accounting

Alani’s Hawaiian segment had revenues of $2,079 million, operating income of $1,023 million, and average assets...

Alani’s Hawaiian segment had revenues of $2,079 million, operating income of $1,023 million, and average assets of $1,333 million. The Hawaiian segment return on assets is:

  • 49.21%

  • 130.30%

  • 64.12%

  • 155.96%

  • 76.74%

Assume that the custodian of a $450 petty cash fund has $60.70 in coins and currency plus $384.00 in receipts at the end of the month. The entry to replenish the petty cash fund will include:

  • A credit to Cash for $389.30.

  • A debit to Petty Cash for $384.00.

  • A debit to Cash for $378.70.

  • A debit to Cash for $389.30.

  • A credit to Cash Over and Short for $5.30.

Spencer Co. has a $350 petty cash fund. At the end of the first month the accumulated receipts represent $58 for delivery expenses, $187 for merchandise inventory, and $27 for miscellaneous expenses. The fund has a balance of $78. The journal entry to record the reimbursement of the account includes a:

  • Debit to Petty Cash for $350.

  • Debit to Cash Over and Short for $78.

  • Credit to Cash for $272.

  • Credit to Inventory for $187.

  • Credit to Cash Over and Short for $78.

In: Accounting

American Express Co. (AXP) pays a dividend of $1.16 a share each quarter. If you choose...

  1. American Express Co. (AXP) pays a dividend of $1.16 a share each quarter. If you choose not to invest in American Express, you could also get a risk free interest rate of 4%. How much is a share of AXP stock worth if the dividend were expected to grow at 2% annually? What assumptions were needed to do this problem?
  2. Suppose we think the spot price of bananas will be $954/metric ton in 3 months. Bananas are selling for $922 in the futures market. How can use this futures contract to speculate?
  3. Assume you have a put option on a common stock from Nike, Inc. (NKE). NKE currently trades at $65. The put option has a strike price of $62 and the premium is $4.45. What are the intrinsic value and the time value of the option? What factors play a role in determining each?

In: Finance

These information presented at North Company throughout 2017:  Jan. 1 Bank of America agree to...

These information presented at North Company throughout 2017:

 Jan. 1 Bank of America agree to lend North Co. $41,000 and carry a 9% interest rate for one year maturing on January 1, 2018.

 Jan. 2 North Co. accepted a 4-month, 8% note from Panda Company in payment of Panda’s $1,200 account.

 Jan. 3 North Co. wrote off as uncollectible the accounts of Wooden Corporation ($450) and Zajel Company ($280).

 Jan. 11 North Co. sold for $28,000 to Fire Co. on account inventory that cost $19,600. Terms 2/10, n/30.

 Jan. 15 North Co. sold inventory that cost $700 to Mark Harries for $1,000. Harries charged this

amount on his Visa Bank card. The service fee charged North Co. by the bank is 3%.

 Jan. 17 Fire Co. returns merchandise worth $1000.

 Jan. 24 North Co. received payment in full ($280) from Zajel Company on the account written off on

January 3.

 Jan. 25 receives $22,900 payment from Fire Co.

 On May 1, 2017, North Co. purchased equipment for $21,200 plus sales taxes of $1,600 (all paid in cash).

 July. 1 North Co. sold for $3,500 equipment which originally cost $5,000. Accumulated depreciation on

this equipment at January 1, 2017, was $1,800; 2017 depreciation prior to the sale of the equipment was

$450.

 Aug. 1 North Co. sold for $440,000 cash, inventory and collected $28,600 in sales taxes.

 Sep 30, North Co. sold on account $9,000 of inventory that cost $6,300.

 Nov. 30, the payroll for the month consists of salaries and wages of $60,000. All salaries and wages are

subject to 7.65% FICA taxes. A total of $8,900 federal income taxes are withheld. The salaries and wages

are paid on Jan 1, 2018.

 Dec. 1 North Co. received an advanced amount of $6,000 rent for 3 months.

Adjustment data:

 North Co. estimates that uncollectible accounts receivable at year-end is $3,500.

 The cost of the building $150,000 is being depreciated using the straight-line method over 30 years.

The salvage value is $30,000.

 The car owned this year is being depreciated using double –declining-balance method over

 5 years by using 20% rate for depreciate the car. The car cost $50,000.

 The equipment purchased on May 1, 2017, is being depreciated using the straight-line method over 5

years, with a salvage value of $1,800.

 The patent was acquired on January 1, 2017, $9,000 and has a useful life of 10 years from that date.

 The unearned rent revenue of $6,000 was received on December 1, 2017, for 3 months’ rent.

 The short-term note is dated January 1, 2017, and carry a 9% interest rate.

In: Accounting

Create a balance sheet as of December 31st, 2014 and a cash flow statement for the...

Create a balance sheet as of December 31st, 2014

and a cash flow statement for the three months

ending 12/31/14 using the following information. A

ssume bills are paid in current month unless

otherwise indicated.

Take home salary received each week is $450

Utility (electric/gas/water)

bills in October were $165, November $195, and December

$200.

Bought presents and clothes for $110 in Sept

ember, $140 in October, $350 in November.

o

All purchases we're on credit and paid in the following month.

Credit limit on credit card is $3000.

Interest earned on savings during Oct

ober, November, and December was $5

Balance in savings account 12/31/14 was $0.

Car payment of $250 was paid each month.

Car loan outstanding at 12/31/14 is $

6000. Car has depreciated $4000 bye 12/31/14.

Paid car and home insurance for $330 on October 1.

Mortgage is $700 per month.

Borrowed a friend’s leaf blower for a week in November.

401k value per 12/31/14 statement is $2000.

Own home which was purchased for $100,000

(mortgage outstanding at 12/31/14 is

$87,000).

Withdrew $50 from ATM machine on December 12.

Received cash gift of $75 in December

and spent it on miscellaneous items.

Car was purchased for $10,000 last year.

Furniture, clothing, etc. worth approximately $20,000.

Phone bill was $30 per month.

Spending at supermarkets and restaurant

s was $1200 for October, November, and

December.

Flew to visit family for the holidays, airfare was $340.

Miscellaneous expenses for October through

December were $300 (gas for car, haircuts,

newspapers, etc.)

Portion of dentist bill not paid

by insurance was $60 in November.

In: Accounting