Questions
Find a basis for the subspace of Pn defined by V={p an element of Pn, such...

Find a basis for the subspace of Pn defined by V={p an element of Pn, such that p(1)=0}. What is the dimension of V?

In: Math

A 76.0 W, 110-V bulb is connected in parallel with a 45.0 W, 110-V bulb. What...

A 76.0 W, 110-V bulb is connected in parallel with a 45.0 W, 110-V bulb. What is the net resistance?

In: Physics

1.Give a full experimental discussion in using ;Sodium borohydride to reduce ketone(Benzophenone solid) to the corresponding...

1.Give a full experimental discussion in using ;Sodium borohydride to reduce ketone(Benzophenone solid) to the corresponding alcohol .

2.what are the major observations in this experiment,please state and explain them.
3.State possible errors in the experiment
4.And what are your conclusions?

In: Chemistry

Axon growth. 1-2 sentences per molecule, short paragraph/annotated diagram for experiment. Briefly explain the role of...

Axon growth. 1-2 sentences per molecule, short paragraph/annotated diagram for experiment. Briefly explain the role of the following molecules in neural development.

- netrins

- nerve growth factor

- semaphorins

For ONE of these molecules, explain an experiment that shows its importance in development.

In: Biology

A classic experiment involving a phototrophic organism demonstrates how rapidly microbial evolution can occur within a...

A classic experiment involving a phototrophic organism demonstrates how rapidly microbial evolution can occur within a population of cells. What attributes of the metabolism of this model organism were important for the study and what did the experiment show?

can u tell me plzz

In: Biology

Explain the reasoning behind Harlow’s decision to conduct his famous experiment on monkeys. Explain the experimental...

Explain the reasoning behind Harlow’s decision to conduct his famous experiment on monkeys. Explain the experimental setup, the findings, and his conclusions. In your opinion was his experiment worth the “cost”, in terms of the cost to the monkeys’ wellbeing as compared to the knowledge we gained from this research.

In: Psychology

Comprehensive Instructions Chart of Accounts General Journal Labels and Amount Descriptions Income Statement Retained Earnings Balance...

Comprehensive

Instructions

Chart of Accounts

General Journal

Labels and Amount Descriptions

Income Statement

Retained Earnings

Balance Sheet

Instructions

At the beginning of 2016, Norris Company had a deferred tax liability of $6,300, because of the use of MACRS depreciation for income tax purposes and units-of-production depreciation for financial reporting. The income tax rate is 30% for 2015 and 2016, but in 2015 Congress enacted a 38% tax rate for 2017 and future years.

Norris’s accounting records show the following pretax items of financial income for 2016: income from continuing operations, $122,300 (revenues of $353,300 and expenses of $231,000); gain on disposal of Division F, $23,000; loss from operations of discontinued Division F, $10,200; and prior period adjustment, $15,200, due to an error that understated revenue in 2015. All of these items are taxable; however, financial depreciation for 2016 on assets related to continuing operations exceeds tax depreciation by $4,000. Norris had a retained earnings balance of $160,900 on January 1, 2016, and declared and paid cash dividends of $33,600 during 2016.

Required:

1. Prepare Norris’s income tax journal entry at the end of 2016.
2. Prepare Norris’s 2016 income statement.
3. Prepare Norris’s 2016 statement of retained earnings.
4. Show the related income tax disclosures on Norris’s December 31, 2016, balance sheet.

General Journal

Prepare Norris’s income tax journal entry on December 31, 2016.

PAGE 1

GENERAL JOURNAL

DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT

1

2

3

4

5

6

Labels and Amount Descriptions

Labels
Current Assets
Current Liabilities
Noncurrent Liabilities
Noncurrent Assets
Results from discontinued operations
Amount Descriptions
Adjusted retained earnings, January 1, 2016
Cash dividends
Deferred income taxes
Expenses
Income from continuing operations
Net income
Prior period adjustment
Pretax income from continuing operations
Retained earnings, December 31, 2016
Revenues
Retained earnings, January 1, 2016

Income Statement

Prepare Norris’s 2016 income statement. Additional Instructions

NORRIS COMPANY

Income Statement

For Year Ended December 31, 2016

1

2

3

4

5

6

7

8

9

10

Retained Earnings

Prepare Norris’s 2016 statement of retained earnings. Additional Instructions

NORRIS COMPANY

Statement of Retained Earnings

For Year Ended December 31, 2016

1

2

3

4

5

6

7

Balance Sheet

Show the related income tax disclosures on Norris’s December 31, 2016, balance sheet. Additional Instructions

NORRIS COMPANY

Partial Balance Sheet

December 31, 2016

1

2

3

4

In: Accounting

Jefferson Ltd is a small retail business that operates in the United Kingdom. The company was...

Jefferson Ltd is a small retail business that operates in the United Kingdom. The company was formed in December 2015 and commenced its new year on 1 January 2016 with

£25,000 in share capital. Jefferson Ltd also has £6,000 in the bank and £15,000 of finished goods stock for resale. This information had already been recorded in the accounting records of Jefferson Ltd.

The company has agreed a bank overdraft facility of up to £15,000.

The following transactions had been budgeted for the first 6 months of 2016.

Sales of goods to debtors in the 6 months to June 2016 were expected to be £160,000 in total, and transacted as follows:

Jan

Feb

Mar

Apr

May

Jun

£

£

£

£

£

£

Sales

20,000

18,000

20,000

25,000

32,000

45,000

Gross profit margins are always 35% of sales and it was Jefferson Ltd’s policy to have sufficient finished goods stock at the end of each month to service the following month’s cost of sales. The sales forecast for July 2016 was £55,000.

Purchases of goods for resale in the six months to June 2016, based on the above information, were £114,750 and were budgeted to be as follows:

Jan

Feb

Mar

Apr

May

Jun

£

£

£

£

£

£

Purchases

9,700

13,000

16,250

20,800

29,250

25,750

Other transactions:

  • Plant and equipment was to be purchased for cash, £10,000, in January 2016, and £20,000 in June 2016.
  • The plant and equipment depreciation for the 6 month period is included in the other operating costs, below;
  • Director’s salary £2,000 per month was to be paid in cash January to June 2016;
  • Sales assistant’s wages £1,000 per month was to be paid in cash January to June 2016;
  • Other operating costs, £2,200 per month, include depreciation on plant and equipment, £100 per month. The cash operating expenses were to be paid in cash, each month, January to June 2016;
  • Corporation tax of £652 was to be paid in June 2016;
  • Bank finance charges of £15 were to be incurred in February 2016;
  • Debtors were budgeted to pay in full one month after the month of the sale. In this respect sales made in January 2016, for example, would be paid for in February 2016. Debtors for December 2015 were £40,000.
  • Creditors were to be paid in full, two months after the purchase of stock. In this respect purchases of stock made in January 2016 would be paid for in March 2016. Creditors for November and December 2015 were £20,000 and £30,000, respectively.
  • A dividend of £1,400 was to be paid during June 2016.

Required:

  1. For the 6 months period to June 2016, produce the following for Jefferson Ltd
  1. A monthly cash budget;
  2. A budgeted income statement for the year ended 30 June 2016; and
  3. A budgeted statement of financial position as at 30 June 2016

The cash flow forecast must indicate the cash in hand or overdrawn at the end of each month.

In: Accounting

: Let X denote the result of a random experiment with the following cumulative distribution function...

: Let X denote the result of a random experiment with the following cumulative distribution function (cdf): 0, x <1.5 | 1/ 6 , 1.5<=x < 2 | 1/ 2, 2 <= x <5 | 1 ,x >= 5

Calculate ?(1 ? ≤ 6) and ?(2 ≤ ? < 4.5)

b. Find the probability mass function (pmf) of ?

d. If it is known that the result of the experiment is integer, what is the probability that the result is 2? e. If it is given that the result of this experiment is an integer and a fair coin is tossed the number of times that the die shows, find the probability of obtaining exactly one head.

Thank you

In: Statistics and Probability

2. A Charles’ Law apparatus contains a fixed volume of gas and measures its temperature and...

2. A Charles’ Law apparatus contains a fixed volume of gas and measures its temperature and pressure. The ambient pressure during the experiment is 758 mmHg.

A) The sample’s initial pressure is measure to be 327 mmHg and its temperature is 12.6 °C; what is the new pressure reading when the temperature is increased to 57.2 °C?

B) If the Charles’ Law apparatus is rated to handle pressure reading up to 1000 mmHg, is it safe to conduct the experiment as described in Part A?

YES or NO

If Yes, to what temperature can the experiment be safely carried out?

If No, at what temperature might the apparatus fail?

In: Chemistry