Questions
P16-33A Preparing the statement of cash flows------indirect method 2018 2017 Current Assets: Cash $99,400 $25,000 Accounts...

P16-33A Preparing the statement of cash flows------indirect method

2018 2017

Current Assets:

Cash $99,400 $25,000
Accounts Receivable 64,100 69,700
Mechandise Inventory 83,000 75,000

Current Liabilities:

Accounts Payable 57,600 55,200
Income Tax Payable 14,800 16,800
Transaction Data for 2018:
Issuance of Common Stock for Cash $38,000 Payment of notes payable $46,100
Depreciation expense 24,000 Payment of cash dividends 50,000
Purchase of equipment with cash 74,000 Issuance of notes payable to borrow cash 62,000
Acquisition of land by issuing long-term notes payable 119,000 Gain on sale of building 4,500
Book value of building sold 54,000 Net income 68,500

Prepare Morganson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities.

In: Accounting

In 2018, Dreaming Bhd planned to apply for a 10-year loan from Buffalo Bank in 2019...

  1. In 2018, Dreaming Bhd planned to apply for a 10-year loan from Buffalo Bank in 2019 for an amount of RM1.5 million. Does Dreaming Bhd need to report this loan as a non-current liability in the Balance Sheet as at 31 December 2018? (Your answer need to be based on the accounting definition of a liability). (4 points)
  2. What information does the statement of cash flow provide that is not available from the balance sheet or the income statement? (3 points)
  3. The following information relates to Avenger Trading Enterprise.

Net sales

200,000

Closing inventory

44,000

Opening inventory

54,000

Purchases inventory

130,000

Rent expense

Depreciation

Purchase of computer

Salary expense

Cash in hand

2,000

1,500

5,000

3,500

4,500

Please compute:

i) Cost of sales; ii) Gross profit; and iii) Net profit/loss (4 points) [show your working clearly]

In: Accounting

XYZ Investment company invests clients’ money across 200 different investment portfolios, each of which has been...

XYZ Investment company invests clients’ money across 200 different investment portfolios, each of which has been structured and managed by a specialist portfolio manager. Mr Jack Nelsen, the Director of XYZ Investment suspects that a significant difference exists between the returns on portfolios managed by male portfolio managers and those managed by female portfolio managers.

Mr Jack Nelsen decided to conduct an empirical study to determine whether the returns on portfolios differ significantly according to the gender on the portfolio manager. 120 portfolio managers were chosen for this study and they completed a questionnaire which included a demographic information sheet on gender, age, educational level and job tenure. The average annual returns of the portfolio managed by each of the 120 portfolio managers were objectively measured using data from the database of XYZ Investment.

The SPSS output after data analysis is provided below:

Table 1:

Group

Statistics

Gender

N

Mean

Std. Deviation

Std. Error Mean

Portfolio_return

Male

65

11.23%

2.79%

0.34%

Female

55

15.56%

3.93%

0.53%

Table 2:

Rank

Gender

N

Mean Rank

Sum of Ranks

Portfolio_return

Male

65

43.53

2873

Female

55

81.24

4387

Total

120

Table 3:

Test

Statistics

Portfolio_

Return

Mann-Whitney

662

Wilcoxon W

2873

Z

-5.929

Asymp. Sig (2-tailed)

0.000

Required:

Provide an interpretation of the output in Tables 1-3.                           [20 marks]

In: Statistics and Probability

Instructions: SLLQueue (13 pts) ● Using the three properties below, implement the queue interface using the...

Instructions:

SLLQueue (13 pts)

● Using the three properties below, implement the

queue interface using the SLLNode class from Lab 2:

head_node → SLLNode object or None

tail_node → SLLNode object or None

size → int, keep track of queue size

● Implement enqueue( ), dequeue( ), front( )

● Use SLLNode methods:

get_item( ), set_item( ), get_next( ), set_next( )

● (5 pts) In enqueue(item):

○ Add new SLLNode (with item) after tail_node

Update tail_node and size properties

○ If first item, update head_node property too

● (6 pts) In dequeue( ):

○ If empty, raise Exception('Empty queue: cannot dequeue')

○ Remove head node and return its item

○ Remove any links from old head node

Update head_node and size properties

○ If queue becomes empty, reset head_node, tail_node

● (2 pts) In front( ):

○ If empty, raise Exception(Empty queue: no front')

○ Return head node’s item

Code:

class SLLQueue:
   def __init__(self):
       # NOTE: DO NOT EDIT THIS CODE
       # constructor: set properties head_node, tail_node, size
       self.head_node = None
       self.tail_node = None
       self.size = 0

   def __repr__(self):
       # NOTE: DO NOT EDIT THIS CODE
       # string representation of SLLQueue object
       display = []
       node = self.head_node
       while node != None:
           display.append(str(node.get_item()))
           node = node.get_next()
       display = ', '.join(display)
       return 'front [' + display + ']'

   def is_empty(self):
       # NOTE: DO NOT EDIT THIS CODE
       # check if queue is empty
       return self.size == 0

   def enqueue(self,item):
       # TODO: Write your code here...
       # TODO: add new node (with item) after tail_node
       # TODO: update tail_node and size properties
       # TODO: if this is the first node added, update head_node too
      
       pass # TODO: remove this line
      
   def dequeue(self):
       # TODO: Write your code here...
       # TODO: if empty, raise Exception('Empty queue: cannot dequeue')
       # TODO: remove head_node and return its item
       # TODO: remove any links from old head_node (Hint: set to None)
       # TODO: update head_node and size properties
       # TODO: if queue becomes empty, reset head_node and tail_node
      
       pass # TODO: remove this line

   def front(self):
       # TODO: Write your code here...
       # TODO: if empty, raise Exception('Empty queue: no front')
       # TODO: return head_node's item

       pass # TODO: remove this line

In: Computer Science

The following table shows the means of transportation to work for the U.S. in 1990 and...

The following table shows the means of transportation to work for the U.S. in 1990 and 2000. The data values in the columns of “Percentage in 1990” and “Percentage in 2000” are the percentages of each travel mode in 1990 and in 2000 respectively using two independent and random samples. We want to do a hypothesis test and see whether the travel modes have been significantly changed from 1990 to 2000.

Table: The means of transportation to work for the US: 1990 and 2000. (Data source: US Census)

Travel Mode

Percentage in 1990

Percentage in 2000

Private vehicle

86.5

87.5

Public transportation

5.3

5.2

Motorcycle

0.2

0.1

Bicycle

0.4

0.4

Walk only

3.9

2.7

Other means

0.7

0.9

Work at home

3.0

3.2

Use the most appropriate method to evaluate the hypothesis by hand. Include the step of hypothesis testing.

In: Statistics and Probability

A compound is composed of only C, H, and O. The combustion of a 0.519-g sample...

A compound is composed of only C, H, and O. The combustion of a 0.519-g sample of the compound yields 1.24g of CO2 and 0.255g of H2O. What is the empirical formula of the compound?

In: Chemistry

1.Explain what variance and standard deviation is. 2 explain the empirical rule in easy words 3....

1.Explain what variance and standard deviation is.

2 explain the empirical rule in easy words

3. How does the interquartile range and normal distribution relate?

In: Statistics and Probability

Complete combustion of 7.60 g of a hydrocarbon produced 23.0 g of CO2 and 11.8 g...

Complete combustion of 7.60 g of a hydrocarbon produced 23.0 g of CO2 and 11.8 g of H2O. What is the empirical formula for the hydrocarbon? I got C4H10 but was incorrect.

In: Chemistry

An Empirical Approach to the Small Initial Trade Share Problem in General Equilibrium Models."Kuiper and van...

An Empirical Approach to the Small Initial Trade Share Problem in General Equilibrium Models."Kuiper and van Tongeren (2006).
Write down Major findings and objective of the study?

In: Economics

Explain how the Semi-Strong form EMH is tested, and also what is the general empirical evidence...

Explain how the Semi-Strong form EMH is tested, and also what is the general empirical evidence related to the Semi-Strong form EMH. Why is this evidence expected?

In: Finance