Questions
Acturary and trustee reports indicate the following changes in the PBO and plan assets of White...

Acturary and trustee reports indicate the following changes in the PBO and plan assets of White Inc. during 2016:

Prior service cost at January 1, 2016 from plan amendment at the beginning of 2013 [Amortization: $4,000 per year] $68,000
Net Gain - AOCI at January 1, 2016 $40,000
Average remaining service life of the active employee group 15 years
Actuary's discount rate 5%
Gain - from changes in actuarial assumptions $5,000
2016 Pension Expense $33,500
PBO Plan Assets
Beginning of 2016 $240,000 Beginning of 2016 $250,000
Service cost $41,000 Return on plan assets, 8% [ 9% expected] $20,000
Cash contributions $35,000

Required:

A. Prepare the appropriate journal entries to record the expense and the cash contribution to plan assets.

B. Prepare the appropriate journal entries to record any 2016 gains and losses.

C. Where would you find the pension on White Inc.'s balance sheet at the beginning of 2016? What amount would you look for?

In: Accounting

Actuary and trustee reports indicate the following changes in the PBO and plan assets of White...

Actuary and trustee reports indicate the following changes in the PBO and plan assets of White Inc. during 2016:

Prior service cost at January 1, 2016 from plan amendment at the beginning of 2013 [Amortization: $4,000 per year] $68,000
Net Gain - AOCI at January 1, 2016 $40,000
Average remaining service life of the active employee group 15 years
Actuary's discount rate 5%
Gain - from changes in actuarial assumptions $5,000
2016 Pension Expense $33,500
PBO Plan Assets
Beginning of 2016 $240,000 Beginning of 2016 $250,000
Service cost $41,000 Return on plan assets, 8%, [ 9% expected] $20,000
Cash contributions $35,000

Required:

A. Prepare the appropriate journal entries to record the expense and the cash contribution to plan assets.

B. Prepare the appropriate journal entries to record any 2016 gains and losses.

C. Where would you find the pension on White Inc.'s balance sheet at the beginning of 2016? What amount would you look for?

In: Accounting

On January 1, 2015, the Crocus Company began construction of a new manufacturing plant. The plant...

On January 1, 2015, the Crocus Company began construction of a new manufacturing plant. The plant was completed on December 31, 2016. Expenditures on the project were as follows (in $ millions):

January 1, 2015 $1

July 1, 2015 54

October 1, 2015 22

February 1, 2016 30

April 1, 2016 21

September 1, 2016 20

December 31, 2016 6

On January 1, 2015, Crocus obtained a $60 million construction loan with a 6% interest rate. The loan was outstanding through the end of December, 2016. The company's other interest-bearing debt was a long-term note for $70 million with an interest rate of 8% and a bond payable for $30 million with an interest rate of 5%. The note and bond were outstanding during all of 2015 and 2016. The company's fiscal year-end is December 31.

What is the amount of interest that Crocus should capitalize in 2015, using the average interest method?

What is the amount of interest that Crocus should capitalize in 2016, using the average interest method?

In: Accounting

ABC Inc builds and sells single-family homes. The company had the following transactions during Q1 2016...

ABC Inc builds and sells single-family homes. The company had the following transactions during Q1 2016 period that ended on March 31, 2016:

Purchased a single-family home on January 10, 2016 which it plans to renovate and resell. The home was purchased for $200,000 cash.

Purchased $5,000 worth of building materials at Home Depot to be used in the renovation. The purchased was paid with cash.

Hired a contractor to perform the renovation of the house. The renovation was completed on February 10, 2016 and the contractor billed ABC Inc $10,000 for this renovation. The amount was not paid as at the end of Q1 2016.

Purchased general office supplies of $1,000 cash during Q1 2016.

Sold the home for $300,000 cash on March 30th 2016.

At the beginning of the quarter (1/1/16), ABC Inc Balance Sheet has only $300,000 in Cash and $300,000 in Owners’ Equity.

Create a transaction table for the above events (remember you must include the accounts you debit and credit).

Create ABC Inc Balance Sheet at the end of Q1 2016.

In: Accounting

Fava Company began operations in 2015 and used the LIFO inventory method for both financial reporting...

Fava Company began operations in 2015 and used the LIFO inventory method for both financial reporting and income taxes. At the beginning of 2016, the anticipated cost trends in the industry had changed, so that it adopted the FIFO method for both financial reporting and income taxes. Fava reported revenues of $300,000 and $270,000 in 2016 and 2015, respectively. Fava reported expenses (excluding income tax expense) of $125,000 and $120,000 in 2016 and 2015, which included cost of goods sold of $55,000 and $45,000, respectively. An analysis indicates that the FIFO cost of goods sold would have been lower by $8,000 in 2015. The tax rate is 30%. Fava has a simple capital structure with 15,000 shares of common stock outstanding during 2015 and 2016. It paid no dividends in either year. Required: 1. Prepare the journal entry to reflect the change. 2. At the end of 2016, prepare the comparative income statements for 2016 and 2015. Notes to the financial statements are not necessary. 3. At the end of 2016, prepare the comparative retained earnings statements for 2016 and 2015.

In: Accounting

I. Investigating the damping of vibrational motion Imagine that a pendulum is set swinging. What will...

I. Investigating the damping of vibrational motion

Imagine that a pendulum is set swinging. What will happen to these vibrations as time passes? Now imagine an object hanging from a spring. The object is pulled downward and released so that it vibrates up and down. What will happen to these vibrations as time passes? They diminish, eventually stopping entirely. This phenomenon is called ‘damping’. Design an experiment to investigate this damping effect quantitatively. Your goal is to discover a pattern and represent it as a mathematical relationship (i.e. an equation).

Available equipment: Ring stand, clamp, spring, object to hang from the spring, meter stick, scale, motion sensor connected to Logger Pro, stopwatch, masking tape, index cards.

II. Testing the mathematical relationship

Design an experiment to quantitatively test the mathematical relationship you discovered in the previous experiment.

Available equipment: Same as above.

This is all that is given for the lab. We need help coming up with the experiment and mathematical equations to use.

In: Physics

Laboratory of Physics - Study of Movement (Pleaseee I need this laboratorio answers) PROCEDURE: PART A....

Laboratory of Physics - Study of Movement (Pleaseee I need this laboratorio answers)

PROCEDURE:
PART A.
Follow the instructions below:

1 Develop a procedure to determine how fast you walk. In that procedure, you should clearly state what materials you need, what data you need to collect, and any instruments you need for data collection.

2. Design a table to collect the data from your experiment.

3 If you were to submit a report on the experiment you designed, what parts would you include in that report?

4. In the experiment you designed, what are the two variables you need to relate to solve the problem at hand, what is the independent variable, and what is the dependent variable in the experiment?

5.Design a second procedure to solve the same problem. Invert the two variables, that is, the independent variable previously will now be the dependent variable and the dependent variable will be the independent variable.

In: Physics

LAB: The purpose of this experiment is to study the conditions that must be satisfied for...

LAB: The purpose of this experiment is to study the conditions that must be satisfied for a rigid object to be in static equilibrium. This is done by computing the total torque acting on a meter stick by means of weights suspended at specific locations on the ruler.

If a baseball bat (thicker on one side than the other) is cut at the location where it balances, with both side be of equal weight?

Can the meter stick be balanced if a mass is attached on one side only?

In each of the procedures of this experiment, are the forces also balanced?

How do the different masses being balanced show the properties of a lever?

What are the sources of error in this experiment?

If the meter stick is replaced with a metal stick, and the whole experiment is done inside water (e.g. on the floor of a swimming pool), will the same principles apply as they do in ir? Will it matter if the masses are made of different materials (e.g. if the 200 g is made of iron or lead, or wood)?

Why does a tight rope walker carry a long, horizontal bar to keep him balanced?

In: Physics

Your company is a global seller or home furnishings called Worldwide Home Stuff Unlimited (WHSU). (Yes,...

Your company is a global seller or home furnishings called Worldwide Home Stuff Unlimited (WHSU). (Yes, they need some more creative people in their company.) Complete a seven-year planning model for WHSU for the period 2016 through 2022. Use the structure shown at the end of this assignment. Proceed as follows:

  1. Take the 2016, 2017, and 2018 values from the data at the end of this assignment. Enter the ACTUAL VALUES even for the various lines that can be calculated from other lines (e.g., the Gross Profit or the EBT).

  2. Place all growth rates and other input variables at the top left corner of the worksheet. Use formulas and/or functions to perform all necessary calculations.

    Important Note: Most or all of the growth factors and other input values you will be using in this model are calculated in steps 3 through 7 below. So put the formulas for calculating these values in the appropriate cells at the top left corner of the worksheet.

  3. Starting with 2019 and beyond, for the following line-items (a thru d below), assume a constantPERCENTAGE growth from one year to the next—e.g., from 2018 to 2019. That percentage change is equal to the Average Annual Percentage Change from 2016 to 2018. Calculate this value by averaging the percentage change from 2016 to 2017 and the percentage change from 2017 to 2018.

    1. Net Sales/Sales Revenue

    2. Selling, General, and Administrative (SG&A)

    3. Depreciation and Amortization

    4. Other Expenses

  4. Starting with 2019 and beyond, assume that Advertising will change by the same dollar amount (not the same percentage) from one year to the next—e.g., from 2018 to 2019. That amount is equal to the Average Annual Change (in dollars) between 2016 and 2018.

  5. Starting with 2018 and beyond, assume that Rent Expense will be unchanged (that is, constant) from one year to the next, so the values in 2019 through 2022 will be the same as the 2018 value.

  6. Assume that the Cost of Goods Sold (CGS) as a percentage of Net Sales/Sales Revenue (that is, the ratio of CGS to Net Sales) will be constant in years 2018 through 2022 and equal to the percentage in 2018. You will need to calculate that percentage (ratio).

  7. Assume that the tax rate will be constant in years 2018 through 2022 and equal to the tax rate in 2018. You will need to calculate that value (that is, the tax expense as a percentage of the EBT).

2

  1. Note that your formulas should allow for the possibility that your company may lose money in any given year (whether or not it is not the case with the current data).

  2. Be sure to note somewhere on the spreadsheet that all figures are in millions.

  3. Format financial data with commas (but no decimal places), using dollar signs only for the Net Sales/Sales Revenue, Gross Profit, Total Expenses, Earnings Before Taxes, and Net Income lines. Format growth rates as percentages. Properly format all columns and numbers.

  4. When creating the spreadsheet, be sure to copy cell formulas rather than entering similar formulas many times (for example, you can use the autofill handle to copy cell formulas from year to year).

  5. Use Excel to place a footer on your spreadsheet with your last name and section (e.g., Jones—INSY 2299 RZQ—where you substitute your last name for Jones and your section for RZQ).

Be sure to follow these instructions carefully!

2016

2017

2018

2019

2020

2021

2022

REVENUE

Net Sales/Sales Revenue

$29,241

$32,567

$34,444

Cost of Goods Sold (CGS)

11,634

16,600

21,200

Gross Profit

$17,607

$15,967

$13,244

EXPENSE

Selling, General, and Administrative (SG&A)

1,250

1,450

2,210

Advertising

1,250

1,100

1,675

Depreciation and Amortization

3,266

3,482

3,300

Rent Expense

1,880

1,880

1,880

Other Expenses

3,130

3,200

3,350

Total Expenses

$10,776

$11,112

$12,415

Earnings before Taxes (EBT)

$6,831

$4,855

$829

Tax Expense

$2,134

$1,265

$220

Net Income

$4,697

$3,590

$609

In: Finance

You and your hypothetical lab partner each develop an experimental plan to test this hypothesis. The...

You and your hypothetical lab partner each develop an experimental plan to test this hypothesis. The two experimental plans are presented below. Evaluate each plan for its pros and cons in the experimental design using the bullet points below. Both experimental plans have some good elements and areas that could be improved.

Experiment A) Mature 2 inch sections (sprigs) of Elodea will be used to measure oxygen production under different light conditions. 5 sprigs will be tested. One will be kept in the dark (no light). The others will be exposed to a light filtered with cellophane. One sprig’s light will be filtered through clear cellophane to receive all wavelengths of light, and the other sprigs’ light will be filtered through red, blue, and green cellophane, respectively. The no-light plant will be kept in a dark cabinet, while the other plants will be together on a counter. Each plant sprig will be placed in equal sized upside-down test tubes in 100ml of tap water so that oxygen bubbles produced by the plant will be trapped at the top of the test tube. A ruler will be used to measure the length of the oxygen pocket collected at the top of the test tube. The experiment will continue until one sprig produces 5 cm of oxygen in the tube.

Experiment B) 3 cm sections (sprigs) of Elodea of various ages will be used to measure oxygen production under different light conditions. 15 sprigs will be divided into 3 groups of 5 sprigs each. One group will receive natural sunlight, one group will be exposed to a blue light bulb under a box to block natural light, and the final group will be exposed to a red light bulb under a similar box to block natural light. Each group of plant sprigs will be trapped under a clear plastic funnel that is covered by an upside-down test tube to collect oxygen bubbles produced by all the sprigs in the group. All groups will be in 100ml of water of the same temperature and pH. The experiment will continue for 24 hours, and then the volume of oxygen gas produced will be measured by multiplying the length of the oxygen pocket by the circle described by the test tube, ?r2. The average volume produced by all groups will be graphed and compared to determine which condition produced the most total volume of oxygen.

Consider the following questions to evaluate experimental plans A and B (DO NOT ANSWER THESE QESTIONS)

What is the independent variable suggested by the hypothesis? Do both plans test the independent variable equally well?

What is the dependent variable in each experiment? Which experiment’s dependent variable best matches the prediction in the hypothesis?

What are the experimental and control groups for each experiment? Which experiment gives the best opportunity to assess the effect of the independent variable?

How does each experiment account for standardized variables? Which experiment do you think is the better controlled experiment?

How is sample size addressed in each experiment? Which would you find to be more convincing?

Does either experiment describe any statistical analyses to be performed on the data?

ANSWER THIS QUESTION: BELOW

Considering your analysis of each of the questions above,write an improved experimental design to test the hypothesis “If blue light is more effective at promoting photosynthesis, then more oxygen gas (O2) will be produced when plants are exposed to blue-filtered light compared to other wavelengths.”You may use elements of the above experiments

In: Biology