In: Mechanical Engineering
the prepaid balance in the prepaid insurance account
represent the remaining balance of two year policy purchased in
April 2010
trial balance unjusted 31 October 2011
prepaid insurance 9350
the office furniture was purchased in March 1 2010 and has
estimated useful life of two years of use it is expected that the
furniture will be worthless
office furniture October 31 2011 unjusted trial balance
61440
what are the adjustments t for this two
transactions
In: Accounting
How do I do this in excel? The data contains data on monthly mortgage payments for 150 homeowners for year 2010 and year 2015. Note that this is a matched sample.
In: Statistics and Probability
Appliance Center sells a variety of electronic equipment and home appliances. For the last 4 years, 2010 through 2013, the following quarterly sales (in $ millions) were reported.
| Quarter | ||||
| Year | I | II | III | IV |
| 2010 | 5.3 | 4.1 | 6.8 | 6.7 |
| 2011 | 4.8 | 3.8 | 5.6 | 6.8 |
| 2012 | 4.3 | 3.8 | 5.7 | 6.0 |
| 2013 | 5.6 | 4.6 | 6.4 | 5.9 |
|
Determine a typical seasonal index for each of the four quarters |
||||
In: Accounting
Prior to the 2010 Dodd-Frank Act, banks employed proprietary traders (aka Prop Traders) whose job was to invest the Bank’s capital in various short-term trading strategies. Prop Traders often took large risks (using leverage) and were rewarded with yearly bonuses worth millions of dollars. Prop Trading was eventually disallowed by the 2010 Dodd-Frank Act.
Explain the moral hazard associated with such proprietary trading activity
In: Finance
S&J Plumbing, Incorporated's income statement shows a net profit before tax of $468 and net sales of $7,482 for 2010. Total assets are at $3,244. The balance sheet lists the company’s equity for fiscal year ending 2010 as $1,746.
Calculate the following ratios for this company:
What make S&J Plumbing, Inc efficient?
In: Accounting
Doug purchases a 25% interest in the Hay Partnership for $20,000 on January 1, 2010, and begins to materially participate in the partnership's business. The Hay Partnership uses the calendar year as its tax year. At the time of the purchase, the Hay Partnership has $2,000 in liabilities, and Doug's share is 25%. During the year, the Hay Partnership incurs $100,000 in losses and its liabilities increase by $4000. What is Doug's basis in his partnership interest on December 31, 2010?
In: Accounting
Over the past seven weeks, we have explored different decades of US history and applied principles of macroeconomics to their outcomes. Take this time to share what you have learned with your classmates. In your initial post, respond to the following:
Choose one macroeconomic concept you applied in your final project of the years 2000-2010. Explain how it helps describe the economic outcomes of the decade you researched during 2000-2010.
In: Economics
Over the past seven weeks, we have explored different decades of US history and applied principles of macroeconomics to their outcomes. Take this time to share what you have learned with your classmates. In your initial post, respond to the following:
Choose one macroeconomic concept you applied in your final project of the years 2000-2010. Explain how it helps describe the economic outcomes of the decade you researched during 2000-2010.
In: Economics
French Bread Chocolates developed the following quarterly sales forecasting model:
Sales = 8.50 + 0.150 TIME - 2.70 Q1 + 1.20 Q2 + 3.5 Q3
where TIME is time period. (time is zero in the fourth quarter of 2009, time is 1 in the first quarter of 2010 and 2 in the second quarter of 2010 etc.) and Q1, Q2, and Q3 are quarterly dummy variables.
Forecast French Broad Chocolate's sales for each quarter of 2022.
In: Economics