The electric car is an innovation that will be a high disruptive change and that will have an important effect into the global economics and the geopolitical international relations. As you know, petroleum is a key driver for geopolitics and an innovation from the technological point of view can imply different global economics relations and geopolitics relations.

1. What will be the effects of the transition to electric mobility on the oil market (demand, price, supply, …). What will be the economic impacts and consequences in the world’s top oil producers? (400 words)

Payroll. Canada. Choose three of the following changes that may be negotiated in a collective agreement and provide an example of how each would impact the payroll department. 1. Timing of changes 2. Changes to salaries, wages, overtime rates 3. Paid absences 4. Group benefits 5. Retroactive payment dates 6. Method of payment for retroactive adjustment

1. The upper part of the v*gina is innervated by what plexuses?

2. The region of the v*ginal orifice, the labia minora and the cIitoris are innervated by what plexuses? These plexuses are sensitive to what stimulus?
3. Enumerate the supporting structures for the upper, middle and lower third of the v*gina
4. What is the collective term for the female external genitalia? What structures are included?

Horizon Corporation manufactures personal computers. The company began operations in 2012 and reported profits for the years 2012 through 2019. Due primarily to increased competition and price slashing in the industry, 2020’s income statement reported a loss of $20 million. Just before the end of the 2021 fiscal year, a memo from the company’s chief financial officer (CFO) to Jim Fielding, the company controller, included the following comments:

“If we don’t do something about the large amount of unsold computers already manufactured, our auditors will require us to record a write-down. The resulting loss for 2021 will cause a violation of our debt covenants and force the company into bankruptcy. I suggest that you ship half of our inventory to J.B. Sales, Inc., in Oklahoma City. I know the company’s president, and he will accept the inventory and acknowledge the shipment as a purchase. We can record the sale in 2021 which will boost our loss to a profit. Then J.B. Sales will simply return the inventory in 2022 after the financial statements have been issued.”

What is the effect on income before taxes of the sales transaction requested by the CFO? If Jim does not record the sales transaction requested by the CFO, what is the effect on total assets and income before taxes of the inventory write-down?

calculate a loan amortization schedule for a $10,000 loan, 5% annual interest, one payment a year for 10 years, starting on 1/1/2010. All calculations must be shown, i.e., do not use a “package” to complete this question.  

Loan period starts from 1/1/2010. I mean the first payment is to be made on 1/1/2010.

ABC CORP

BALANCE SHEET

December 31, 2010

Cash $ 100

Marketable Securities 0

Accounts Receivables 2,000

Inventory 140

Fixed Assets ( net ) 2,000

Total Assets

=====

Accounts Payable $ 2,380

Notes Payable 0

Retained earnings ?

Common Stock 1,400

Total of Both Liabilities & Equity =====

For the year ended 12/31/10 ABC CORP generated Sales of $12,000 and Net Income of $120. The net profit margin this year is considered normal by ABC CORP. Cost of Goods Sold was $8,400 in 2010. Cost of Goods Sold consistently averages seventy per cent of Sales, and will continue to do so in the future. Depreciation Expense was $500 in 2010. No Depreciation Expense was, or ever will, be included in Cost of Goods Sold. Fixed Operating Costs, excluding Depreciation Expense, were equal to $1,200 for 2010. These Fixed Operating Costs included all utilities, all insurance, all rent, all property taxes, and all labor charges. Fixed Operating Costs (other than depreciation expense) are paid for immediately, as they are incurred. Fixed Operating Costs were spread evenly throughout the year 2010. With regard to the size and timing of these costs, it is anticipated that the experience of 2010 will be repeated in 2011. Therefore, we anticipate cash payments associated with Fixed Operating Costs to equal $100 per month in 2011. Because of losses in recent years at ABC Corp and the loss carry forward provisions of the tax code there were no income taxes paid in 2010, and it is anticipated in 2011 that no income tax payments will be made.

Interest paid in 2010 was $40 and dividends paid in that same year were $60 Interest payments are made monthly and dividends are paid at the end of every quarter. The next dividend payment is scheduled for March 2011. The dividend payout ratio in 2010 is considered normal for ABC CORP. The annual interest rate for bank borrowing is six percent per year (one-half of one per cent per month). Interest paid in the current month is based on the previous month’s balance in Notes Payable.

The target cash balance for the end of any current month is equal to ten percent of next month’s sales.

Target ending inventory at the end of any current month is equal to twenty percent of estimated cost of goods sold for the next month. All purchases of inventory are paid for in the month following purchase. The entire balance of Accounts Payable, at any given point in time, represents the purchase of inventory which has not yet been paid for. One-half of all sales are collected in the month of sale, the remainder in the following Month. The sales forecast for the first four months of 2011 is

January $1,000

February 800

March 3,200

April 2,000

Sales for October, November and December of the year 2010 were $2,000 $2,000 and $4,000, respectively.

It is the policy of the company to repay bank borrowing as soon as possible; if money is not needed for this purpose, then investments of marketable securities are made. Marketable Securities should be liquidated to satisfy any subsequent need for cash flow before any new bank borrowing is done. The annual yield on marketable securities is three per cent (one-quarter of one percent per month). Interest payments to the firm are based on the previous month’s balance in Marketable Securities.

On the next two pages, you will find a partially completed Cash Budget. Some numbers are filled in for your convenience. For only the month of January 2011, you are to fill in missing amounts in this Cash Budget. When you answer to this requirement remember to write zero if you mean zero because a blank will not be interpreted as zero.

ABC CORP

BALANCE SHEET

December 31, 2010

                        Cash                                                            $   100

                        Marketable Securities                                          0

                        Accounts Receivables                                     2,000

                        Inventory                                                          140

                        Fixed Assets ( net )                                          2,000

                        Total Assets                                                    

                                                                                           =====

                        Accounts Payable                                             $ 2,380

                        Notes Payable                                                             0

                        Retained earnings                                                 ?

                        Common Stock                                                      1,400

                        Total of Both Liabilities & Equity                      =====

For the year ended 12/31/10 ABC CORP generated Sales of $12,000 and Net Income of $120. The net profit margin this year is considered normal by ABC CORP. Cost of Goods Sold was $8,400 in 2010. Cost of Goods Sold consistently averages seventy per cent of Sales, and will continue to do so in the future. Depreciation Expense was $500 in 2010. No Depreciation Expense was, or ever will, be included in Cost of Goods Sold. Fixed Operating Costs, excluding Depreciation Expense, were equal to $1,200 for 2010. These Fixed Operating Costs included all utilities, all insurance, all rent, all property taxes, and all labor charges. Fixed Operating Costs (other than depreciation expense) are paid for immediately, as they are incurred. Fixed Operating Costs were spread evenly throughout the year 2010. With regard to the size and timing of these costs, it is anticipated that the experience of 2010 will be repeated in 2011. Therefore, we anticipate cash payments associated with Fixed Operating Costs to equal $100 per month in 2011. Because of losses in recent years at ABC Corp and the loss carry forward provisions of the tax code there were no income taxes paid in 2010, and it is anticipated in 2011 that no income tax payments will be made.

Interest paid in 2010 was $40 and dividends paid in that same year were $60 Interest payments are made monthly and dividends are paid at the end of every quarter. The next dividend payment is scheduled for March 2011. The dividend payout ratio in 2010 is considered normal for ABC CORP. The annual interest rate for bank borrowing is six percent per year (one-half of one per cent per month). Interest paid in the current month is based on the previous month’s balance in Notes Payable.

The target cash balance for the end of any current month is equal to ten percent of next month’s sales.

Target ending inventory at the end of any current month is equal to twenty percent of estimated cost of goods sold for the next month. All purchases of inventory are paid for in the month following purchase. The entire balance of Accounts Payable, at any given point in time, represents the purchase of inventory which has not yet been paid for. One-half of all sales are collected in the month of sale, the remainder in the following Month. The sales forecast for the first four months of 2011 is

January                                                $1,000

February                                                   800

March                                                  3,200

April                                                     2,000

Sales for October, November and December of the year 2010 were $2,000 $2,000 and $4,000, respectively.

It is the policy of the company to repay bank borrowing as soon as possible; if money is not needed for this purpose, then investments of marketable securities are made. Marketable Securities should be liquidated to satisfy any subsequent need for cash flow before any new bank borrowing is done. The annual yield on marketable securities is three per cent (one-quarter of one percent per month). Interest payments to the firm are based on the previous month’s balance in Marketable Securities.

On the next two pages, you will find a partially completed Cash Budget. Some numbers are filled in for your convenience. For only the month of January 2011, you are to fill in missing amounts in this Cash Budget. When you answer to this requirement remember to write zero if you mean zero because a blank will not be interpreted as zero.

Pro forma income statement  

The marketing department of Metroline Manufacturing estimates that its sales in 2020 will be $1.53 million. Interest expense is expected to remain unchanged at $ 36, 000 and the firm plans to pay $75,000 in cash dividends during 2020. Metroline​ Manufacturing's income statement for the year ended December​ 31, 2019​, is given. Along with a breakdown of the​ firm's cost of goods sold and operating expenses into their fixed and variable components.a. Use the ​percent-of-sales method to prepare a pro forma income statement for the year ended December​ 31,2020.

a. Use the ​percent-of-sales method to prepare a pro forma income statement for the year ended December​ 31,

2020.

b. Use fixed and variable cost data to develop a pro forma income statement for the year ended December​ 31,

2020.

c. Compare and contrast the statements developed in parts a. and b. Which statement probably provides the better estimate of

2020

​income? Explain why.

​(Click on the icon located on the​ top-right corner of the data tables below in order to copy its contents into a​ spreadsheet.)

Calculate the pH of 100.0 mL of a buffer that is 0.0700 M  NH4Cl and 0.115 M NH3 before and after the addition of 1.00 mL of 5.10 M  HNO3.

Before=

After=

Calculate the pH of 100.0 mL of a buffer that is 0.050 M NH4Cl and 0.180 M NH3 before and after the addition of 1.00 mL of 5.70 M HNO3.

Before =

After=