Sales and Notes Receivable Transactions

The following were selected from among the transactions completed during the current year by Danix Co., an appliance wholesale company:

Jan. 21. Sold merchandise on account to Black Tie Co., $28,000. The cost of goods sold was $16,800.
Mar. 18. Accepted a 60-day, 6% note for $28,000 from Black Tie Co. on account.
May 17. Received from Black Tie Co. the amount due on the note of March 18.
June 15. Sold merchandise on account, terms 1/10, n/30, to Pioneer Co. for $17,700. Record the sale net of the discount. The cost of goods sold was $10,600.
21. Loaned $18,000 cash to JR Stutts, receiving a 30-day, 8% note.
25. Received from Pioneer Co. the amount due on the invoice of June 15, less 1% discount.
July 21. Received the interest due from JR Stutts and a new 60-day, 9% note as a renewal of the loan of June 21. (Record both the debit and the credit to the notes receivable account.)
Sept. 19. Received from JR Stutts the amount due on her note of July 21.
22. Sold merchandise on account to Wycoff Co., $20,000. The cost of goods sold was $12,000.
Oct. 14. Accepted a 30-day, 6% note for $20,000 from Wycoff Co. on account.
Nov. 13. Wycoff Co. dishonored the note dated October 14.
Dec. 28. Received from Wycoff Co. the amount owed on the dishonored note, plus interest for 45 days at 8% computed on the maturity value of the note.

Required:

Journalize the entries to record the transactions. Assume 360 days in a year. For a compound entry, if an amount box does not require an entry, leave it blank. Assume this is a year in which February has 28 days.

Jan. 21-sale

Jan. 21-cost

Mar. 18

May 17


June 15-sale

June 15-cost

June 21

June 25

July 21



Sept. 19- note


Sept. 22-sale

Sept. 22-cost

Oct. 14

Nov. 13


Dec. 28

An analyst at Carnival Cruise Lines is interested in the time it takes for a room service order to go from time of order to time of delivery. In order to do this, she takes a sample of 49 random guests and finds that their average time to delivery was 11.2 minutes and that the sample standard deviation was 3.5 minutes. Calculate a 95% Confidence Interval around the mean.

Suppose America is able to produce up to 100,000 computers/year or 50,000 TVs/year or any linear combination of the two. Japan is able to produce up to 80,000 computers/year or 160,000 TVs/year or any linear combination of the two. Assume that without trade, each country spends half of their efforts on each good.

Which country has the absolute advantage in each good?

Which country has the comparative advantage in each good?

Suppose that each country specialized in producing one good and then agreed to trade 45,000 computers for 60,000 TVs. What would the gains from trade be for America?

Continuing with the supposition from #33, what would the gains from trade be for Japan?

Brand valuations are critical to CEOs, financial and marketing executives, security analyst, institutional investors, and others who depend on well-researched, reliable information needed for assessments, and comparisons in decision making. Millward Brown Optimor has developed the Brand Top 100 most Valuable Global Brands for WPP, the world’s largest communications services group. Unlike other studies, the Brands Top 100 Most Valuable Global Brands fuses consumer measures of brand equity with financial measures to place a financial value on brands. The file BandZTechFin (see folder) contains the brand values for the technology sector and the financial institutions sector in the BrandZ Top 100 Most Valuable Global Brands for a recent year. Assuming that the populations are unknown, is there evidence of a difference between the technology sector and the financial institutions sector with respect to mean brand value? (Use alpha = 5%). (How to solve this in excel? Which test to run? just mention all the steps, no need to solve)

Data continued till 45 brands. (25 Financial institutions, 20 Technology)

Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers—the number of cruises and the number of passengers—that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 82 passengers can be accommodated on the tour boat. Data concerning the company’s cost formulas appear below:

For example, vessel operating costs should be $6,100 per month plus $477.00 per cruise plus $3.30 per passenger. The company’s sales should average $33.00 per passenger. In July, the company provided 56 cruises for a total of 3,050 passengers.

Required:

Prepare the company’s flexible budget for July.

Complete Critical Thinking Activity 3: Configuring Zones. You have an Active Directory forest named csmtech.local and two Active Directory domains in the forest named csmpub.local and csmsales.local. You want the DNS servers in each domain to be able to handle DNS queries from client computers for any of the other domains. DNS servers in the csmtech.local and csmpub.local domains should be authoritative for their own domains and the csmsales.local domain. However, DNS servers in csmsales. local should be authoritative only for csmsales.local. How should you set up the DNS servers and zones to handle this situation? Explain how the DNS servers in each domain should be configured with zones. Be sure to include information about replication scope and zone types.

In this project, you are required to write the java program “IO.java” to implement integer operations “+”, “−”, “*”. Specifically, your program reads operands from a file named “input.txt” (which will be manually placed under the directory of the program) as strings. Then your program converts strings to integers, and computes the addition, subtraction, and multiplication of the operands. Finally, your program creates a file named “output.txt” (under the directory of the program) and writes the results to the file. Please check the attached sample files “input.txt” and “output.txt”. In “input.txt”: 1. First line is an integer x. 2. Second line is another integer y. In “output.txt”: 1. First line is the result of x + y. 2. Second line is the result of x − y. 3. Third line is the result of x * y

The objective is to read the last five lines of a file (text file) in Perl. I wrote down what I have written so far in Perl but I get an error message saying, "Can't open sample.txt: No such file or directory." The sample.txt file is located in the same directory that I am executing the perl scripts on the command line.

sample.txt

=============================================================

My
name
is
Jennifer
and
I
like
to
eat
tacos
de
birria
.

===========================================================

#!/usr/bin/perl

$filename= 'sample.txt';

open my $fh, "+>", $file or die "Can't open $filename: $!\n";

print "$file[-5]\n";

print "$file[-4]\n";

print "$file[-3]\n";

print "$file[-2]\n";

print "$file[-1]\n";

The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers:

Required:

Journalize the entries to record the transactions of Amsterdam Supply Co. For a compound transaction, if no entry is required, leave the entry box blank.

Sales-Related Transactions Using Perpetual Inventory System

The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers:

Required:

Journalize the entries to record the transactions of Amsterdam Supply Co. For a compound transaction, if no entry is required, leave the entry box blank.