In: Computer Science
Task 2 requires you to accurately complete the activities described in each question. Complete the answers in your own Excel document, putting your name at the top along with the Task and Task letter appropriate to each answer and submit below for your Assessor.
a) Make the Journal entry to record the sale of merchandise that cost $6,000, for $10,000 cash.
b) Record journal entries for the following transactions.
c) Record journal entries for the following transactions. After recording the transactions, prepare a ‘T-account’ and balance the accounts payable account.
d) A company had the following transactions during the first month of operations. Record journal entries for these transactions. Determine the balance in the cash account at the end of the first month.
e) A company had the following transactions during the first month of operations. Record journal entries for each transaction. Determine the balance in the cash account at the end of the first month.
In: Accounting
A monopolistic competitor produces 100 units of a good at a per-unit cost of $22. If it charges a price of $19 per unit of the good, it will ________.
A. earn zero economic profits in the short run
B. incur a loss of $300 in the short run
C. earn a profit of $1,900 in the short run
D. incur a loss of $100 in the short run
A monopolistically competitive firm makes positive economic profits if ________.
A. price is less than average total cost
B. price is higher than average total cost
C. price equals marginal cost
D. price equals average fixed cost
A monopolistic competitor earns zero economic profits if ________.
A. price is higher than average total cost
B. price is lower than marginal cost
C. price is equal to marginal cost
D. price is equal to average total cost
A monopolistic competitor incurs losses if ________.
A. price is higher than average total cost
B. price is lower than marginal cost
C. price is equal to marginal cost
D. price is lower than average total cost
Firm A charges $8.50 for each unit of Good X. If the average total cost of producing 1,000 units of Good X is $12 and the market for Good X is monopolistically competitive, Firm A ________ by producing 1,000 units of Good X.
A. earns a profit of $3,500
B. earns a profit of $1,000
C. incurs a loss of $1,000
D. incurs a loss of $3,500
Suppose a monopolistic competitor produces 2,000 units of the good in equilibrium and charges a price of $10 for each unit. If the average total cost of producing 2,000 units of the good is $6, what is the total profit earned by the producer?
A. $8,000
B. $4,000
C. $2,000
D. $20,000
In: Economics
A company recently completed its Initial Public Offering (IPO). The shares were offered for sale at $40 each. On the first day of trading on the stock exchange the share price was $64.35. Why weren't the shares offered for sale at a higher price?
In: Finance
Provide full debits and credits
| CASH | ACCRUAL |
| OUTFLOW | ||||||||
| 11 | An old factory is reopened and refurbished for 20 in cash | 20 | 20 | |||||
| and the costs qualify as an EXPENSE | ||||||||
| This activity must be recorded in the Income Statement. | ||||||||
| INFLOW | ||||||||
| 12 | An old Factory is sold for 60 in cash, at a gain of 30 | 60 | 30 | |||||
| The fair value and sales price was 100 | 100 | 100 | ||||||
| The accumulated depreciation was 40 | 40 | 30 | ||||||
| The original acquisition cost for the asset was 70 | 70 | 70 | ||||||
| The net carrying amount of the asset on the books at the time of the sale is (70-40) = 30. The sales price is 60. Therefore the gain on sale is 30. | ||||||||
| This GAIN must be recorded in the Income Statement. | ||||||||
| OUTFLOW | ||||||||
| 13 | Equipment for the factory is purchased for cash, 50. | 10 | 10 | |||||
| It is an investment or asset purchase. Its deprecciation is | ||||||||
| considered included in the Depreciation Expense. | ||||||||
| 14 | An an investment is made in a debt security | |||||||
| It does NOT qualify as a Cash Equivalent. IT will be recognized on the Balance Sheet in the | OUTFLOW | |||||||
| Marektable Securities Account. It is purchased for Cash. | 30 | 30 | ||||||
| All Marketable Securities are "Available for Sale" | ||||||||
In: Accounting
Dorothy Santosuosso does a lot of investing in the stock market and is a frequent user of stock-index options. She is convinced that the market is about to undergo a broad retreat and has decided to buy a put option on the S&P 100 Index. The put carries a strike price of 906 and is quoted in the financial press at $14.51. Although the S&P Index of 100 stocks is currently at 900.43, Dorothy thinks it will drop to 851 by the expiration date on the option. How much profit will she make, and what will be her holding period return if she is right? How much will she lose if the S&P 100 goes up (rather than down) by 25 points and reaches 925 by the date of expiration?
A stock trades for $44 per share. A call option on that stock has a strike price of $52 and an expiration date six months in the future. The volatility of the stock's returns is 47%, and the risk-free rate is 6%. What is the Black and Scholes value of this option?
In: Finance
(ii) Convert that rate to the appropriate investment (or coupon equivalent) yield.
– A new three-month T-bill sells for US98.25 on a US$100 basis.
– The investor can buy a new 12-month T-bill for US$96 on a US$100 basis.
– A 30 – day bill is available from a government securities dealer at a price of US$97.50
(per US$100).
In: Finance
Not sure where to begin on this c++ assignment. The instructions are to enclose the current contents of the print_output function into a try block that throws two different exceptions based on which line catches the bad input (shape or color). You will then print an appropriate message based on the type of exception that was thrown.
this is what I have so far:
#include <stdlib.h>
#include <time.h>
#include <stdio.h>
#include <iostream>
namespace color {
enum color{
red =
0xFF0000,
green = 0x00FF00,
blue = 0x0000FF,
white = 0x000000
};
}
namespace shape {
enum shape{
circle = 0,
triangle = 1,
square = 2
};
}
void print_object(int color, int shape) {
int r = color >> 16 & 0xFF;
int g = (color >> 8) & 0xFF;
int b = color & 0xFF;
color::color estimated_color = color::white;
if ( (r > g) and (r > b) ) {
estimated_color = color::red;
}
else if ( (g > r) and (g > b) ) {
estimated_color =
color::green;
}
else if ( (b > r) and (b> g) ) {
estimated_color =
color::blue;
}
std::cout<<"The object is a ";
switch ( estimated_color ) {
case color::red: std::cout<<"red "; break;
case color::green: std::cout<<"green ";
break;
case color::blue: std::cout<<"blue ";
break;
default: exit(1);
}
switch ( shape ) {
case shape::triangle:
std::cout<<"triangle";break;
case shape::square: std::cout<<"square ";
break;
case shape::circle: std::cout<<"circle ";
break;
default: exit(1);
}
std::cout<<std::endl;
}
int main() {
int random_color = 0;
int random_shape = 0;
srand(time(NULL));
print_object(color::red, shape::circle);
print_object(color::green, shape::square);
print_object(color::blue, shape::square);
for (int i=0; i < 10; i++) {
random_color = rand() %
0xFFFFFF;
random_shape = rand() % 3;
print_object(random_color,
random_shape);
}
return (0);
}
In: Computer Science
How would you prepare 100 ml of 0.1% Triton-X-100 detergent solution from a 100% Triton-X-100 stock?
In: Chemistry
You take out a mortgage loan from First Bank of Terlingua with the following characteristics:
compounding period is monthly
loan is for $200,000
APR = 6.17%
initial maturity is 30 years
this mortgage loan has no points
Now suppose that First Bank allows you to accelerate your loan payments by paying an additional $100 each month. (We assume that the bank does not charge a fee for exercising this option.) When we take the acceleration into account, what is your effective annual rate?
In: Finance