Listed in random order are the items to be included in the balance sheet of Tri-State Lodge at December 31, year 1.

Instructions

1. Prepare a balance sheet at December 31, year 1. Include a proper heading and organize your balance sheet similar to the illustrations shown in Chapter 2. You will need to compute the amount to be shown for Capital Stock.

2. Assume that no payment is due on the notes payable until year 3. Does this balance sheet indicate that the company is in a strong financial position as of December 31, year 1? Explain briefly.

5.  Problem 16.09 (Sales Increase)

Paladin Furnishings generated $4 million in sales during 2016, and its year-end total assets were $2.2 million. Also, at year-end 2016, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahead to 2017, the company estimates that its assets must increase by $0.55 for every $1.00 increase in sales. Paladin's profit margin is 4%, and its retention ratio is 50%. How large of a sales increase can the company achieve without having to raise funds externally? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest cent.

SALES INCREASE

Paladin Furnishings generated $2 million in sales during 2016, and its year-end total assets were $1.7 million. Also, at year-end 2016, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahead to 2017, the company estimates that its assets must increase by $0.85 for every $1.00 increase in sales. Paladin's profit margin is 5%, and its retention ratio is 45%. How large of a sales increase can the company achieve without having to raise funds externally? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest cent.

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Paladin Furnishings generated $4 million in sales during 2016, and its year-end total assets were $2.2 million. Also, at year-end 2016, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahead to 2017, the company estimates that its assets must increase by $0.55 for every $1.00 increase in sales. Paladin's profit margin is 4%, and its retention ratio is 40%. How large of a sales increase can the company achieve without having to raise funds externally? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest cent.

How to create a divide function in (Dr Racket) programming language without using the built in function " / " ?

Classify the following descriptions as either Inferential statistics or descriptive statistics. Enter I if it is inferential statistics. Enter D if it is descriptive statistics.

The average age of the students enrolled in Statistics last semester was 29.7 years old.

There is a relationship between attending class and the grade you receive in the class.

Based on a random sample, it was concluded that the average cost of a hotel room in Chicago was greater than one in Atlanta.

A survey of 100 Statistics students found that the median score for test #1 was a 78.4%.

A study has concluded that the average credit card debt of college graduates had increased from the year 2009 to 2010.

The average Amazon.com rating of the book "The Complete Idiot's Guide to Statistics" by twenty-six reviews is 4.6 on a scale of 1 to 5.

For this assignment you will be creating a basic Hotel Reservation System. The program must meet the following guidelines:

• User can reserve up to 3 rooms at a time
  • Your program will need to loop through to continue to ask needed questions to determine cost.
• Room rates (room variants):
  • Suite $250
  • 2 Queens $150
  • 1 King $175
  • Ocean view add $50
  • Fridge for Room $25
  • Pets additional $50
• Sales tax rate will be 5.5%
• Your program will show out the total for each room reserved after the user has put in the necessary information. Once all rooms are entered the program will print out the grand total.

Make sure you are using Variables, Looping, and decision statements!

Use Matlab to introduce arow vector,f,and define it as a 1 by 4 vector showing values of 1, 2, 3and 4. Now try to build matrix D,

using the following 2 commands

a.D = [f ; A]

b.D= [f , A]

c.Which one can be built,and which one cannot be built? Explain your answer.

Matrix A, which is a 4by 4 matrix, (The first, second, third and fourth column values are:2,4,6,8and 1,3,5,7 and 8,6,4,2 and 7,5,3,1 , respectively.

You are planning on flying out of an airport on a trip. The airport parking garage charges $6 per day for the first four days, $4 per day for the next three days and $2 per day thereafter. A parking garage just outside the airport charges $5 per day and provides a free shuttle to the airport. When is it more cost-effective to park at the airport parking garage?

Your solution MUST include responses to ALL four parts. a) Understand the problem. Restate the problem in your own words. What do you know from the reading the problem? What are you looking for? What type of problem is this? What is needed in order to solve the problem?

b) Make a plan. State your plan for solving this problem. You may use words or diagrams. You might want to consider making a table, drawing a diagram, looking for a pattern, or building an equation or model.

c) Implement your plan. Once you have articulated your plan, carry out your plan. Using the information given, create mathematical model, an equation that you can use to determine when it will be more cost-effective to park at the airport parking garage. Clearly indicate how you arrived at that answer. Show your work! (*Even if using a calculator, discuss how and why you took the steps you did, not just what buttons you pushed.)

d) Look back. Is your answer reasonable? Can you find a way to check your work? Interpret your results. Remember that you have multiple representations – words, tables, graphs, and equations. Can you find another way to look at this problem that would allow you to check that your solution is correct? Interpret the answers in the context of the original application.