BFI had $100 of office supplies at January 1, 2016 and purchased $2,000 of office supplies during 2016. BFI has $750 of office supplies on the shelf at December 31, 2016. How much office supplies expense should BFI recognize in the Income Statement for the year ended December 31, 2016? 1. $1,350 2. $750 3. $2,100 4. $0 5. None of the above 2.5 points QUESTION 26 On June 1, 2016, BFI paid $4,000 for a 24-month insurance policy effective July 1, 2016. What is the effect of the necessary adjusting journal entry? 1. Prepaid Insurance will decrease by $2,000. 2. Prepaid Insurance will decrease by $1,000. 3. Prepaid Insurance will increase by $2,000. 4. Prepaid Insurance will increase by $1,000. 5. Cash will decrease by $1,000.

Sheffield Corp. has three notes payable outstanding on December 31, 2016, as follows:

1. A six-year, 6%, $120,000 note payable issued on March 31, 2016. Sheffield Corp. is required to pay $20,000 plus interest on March 31 each year starting in 2017.

2. A seven-month, 4%, $60,000 note payable issued on July 1, 2016. Interest and principal are payable at maturity.

3. A 30-month, 5%, $240,000 note payable issued on September 1, 2016. Sheffield Corp. is required to pay $8,000 plus interest on the first day of each month starting on October 1, 2016. All payments are up to date.

* Calculate the current portion of each note payable.

* Calculate the non-current portion of each note payable.

* Calculate any interest payable at December 31, 2016.

Find Forecast Cisco's sales, NOPAT, and NOA for years 2017 through 2020 and the terminal period using the following assumptions:

Sales for 2016- $ 49247

Nopat 2016 - $ 10382.8

NOA 2016- $ 26476.88

Sales growth 2017 2% , Sales growth 2018-2020 3% , Terminal growth 1% [Net operating profit margin 2016 rate rounded to three decimal places Net operating asset turnover 2016 rate rounded to three decimal places]

Assume a discount rate (WACC) of 10%, common shares outstanding of 5,029 million, and net nonoperating obligations (NNO) of $(37,113) million (NNO is negative which means that Cisco has net nonoperating investments). (f) Estimate the value of a share of Cisco common stock as of July 30, 2016 using the discounted cash flow (DCF) model and sales, NOPAT and NOA forecast in the sum above

(Please show work so I can learn how to do it)

c.) For each company, compute net income as a percentage of revenue in 2017.              

d.) For each company, calculate working capital and current ratio for 2017 and 2016. How did they change from 2016 to 2017 (improve or worsen)? What may have caused those changes?    

A. In 2016 were foreign-born workers a bigger share of the U.S. labor force than in 2006? Explain, presenting and interpreting the relevant statistical evidence.

B. In 2016 who exhibited a higher labor force participation rate in the U.S., native- or foreign-born women? How does the evidence for 2016 compare with 2006, before the Great Recession? Present all relevant statistical evidence and interpret.

C. In 2016 who exhibited greater joblessness in the U.S., native- or foreign-born men? How does the evidence for 2016 compare with 2006, before the Great Recession? Present all relevant statistical evidence and interpret.

D. In 2016 who was more likely to have earned a bachelor’s degree or higher in the U.S., foreign- or native-born workers? Present and interpret relevant statistical evidence. Should you be “surprised” by your findings? Explain, using appropriate economic analysis.

s7-2 comparing financial information refer to the financial statement of the home depot in appendix a and lowes in appendix b at the end of this book (note: fiscal 2016 for the home depot runs from February 1, 2016, to January 29, 2017. Fiscal for 2016 for Lowe's runs from January 30, 2016, to February 3, 2017.)

1. does lowes hold more or less inventory than home depot at the end of fiscal 2016?

2. what method does lowes use to determine the cost of the majority of its inventory? comment on how this affects comparisons you might make between lowes and the home depot inventory turnover ratio.

3. compute to one decimal place lowes inventory turnover ratio and days to sell for fiscal 2016 and compare to the home depots. what does this analysis suggest to you?

Killingsworth Publishers Inc. budgeted production of 61,000 diaries in 2016. Paper is required to produce a diary. Assume 104 square yards of paper are required for each diary. The estimated January 1, 2016, paper inventory is 317,000 square yards. The desired December 31, 2016, paper inventory is 349,000 square yards.

If paper costs $0.14 per square yard, determine the direct materials purchases budget for 2016. If required, round your final answer to the nearest dollar.

Dauber Publishers Inc. budgeted production of 66,000 diaries in 2016. Each diary requires assembly. Assume that four minutes are required to assemble each diary.

If assembly labor costs $13.5 per hour, determine the direct labor cost budget for 2016. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar.
$

Because the definition of a specified service business is not clear, you have been asked to write a memo describing the tax effects of treating this business as a service business or as a non-service business.

Facts:

1. Because the definition of a specified service business is not clear, you have been asked to write a memo describing the tax effects of treating this business as a service business or as a non-service business.

2. The deduction may be limited where the taxpayer’s taxable income exceeds a threshold amount. If the business is a specified service business there is a separate limit, in which the parameters used to compute the deduction (QBI. W-2 wages, unadjusted basis of property) are first reduced by the “applicable percentage.”

3. Your client (make up a name) is a fairly well-known author of self-help books. He is married and files a joint tax return. In addition to writing, he is booked for programs in which he presents a 2-hour summary of the many lessons in his books. The sessions are called “The Nine Key Methods of Changing Your Life.” In 2018 (assume the year has ended), his only activity is presenting these sessions.

The following facts are available:

Taxable Income from all sources                                                                               $375,000

Net capital gain income (included in taxable income)                       $ 45,000

Qualified Business Income (included in taxable income)                  $220,000

W-2 wages Paid to Administrative Assistant                                         $ 40,000

Unadjusted basis of property used in the business                            $ 15,000

Lesson Objectives :By the end of this lesson, students should be able to: Be able to discuss the history of labor unions. Explain some of the reasons for a decline in union membership over the past sixty years. Be able to explain the process of unionization and laws that relate to unionization. Be able to describe the process of collective bargaining. Understand the types of bargaining issues and the rights of management. Discuss some strategies when working with unions. Be able to explain how to manage the grievance process. Be able to discuss employee's rights and responsibilities. You are to complete two annotated bibliographies for each week’s assignment (week’s 1, 4, & 8). Your AB’s should be ½ to ¾ pages long. It should be double-spaced, and you are to use Times new Roman 12 font. For your AB, you must have: • Your name, date, course, and AB number at the top (see example) • APA Reference before the information (see example) Annotated bibliographies must be written in manner, in which, they are understandable. You must describe all-important data such as: • The participants • The reason the study was conducted • What research design was used (surveys, interviews, case study, etc.) • Which research analysis was used (MANOVA, ANOVA, Kruskal Wallace, etc.) • The results of the study along with any conclusions of the author(s) Your study must include all of these (if applicable). Your AB MAY NOT be copied and pasted directly from the source. There MUST NOT be any form of plagiarism in your annotated bibliography (or any other assignment).

Mark up a web page containing the poem "Revelation" by Robert Frost shown in Figure 1–47.

^{Figure 1-47}

Do the following:

Tasks

Open the file code1-2.html and in the comment section enter your name (First + Last) and the date (MM/DD/YYYY) into the Author: and Date: fields of the file.

0

Mark the text Revelation as an h1 heading and the text by Robert Frost as an h2 heading.

Mark each stanza of the poem as a paragraph. Within each of the three stanzas, end each line with a line break using the <br /> tag. For alternating lines within the three stanzas, insert three &nbsp; character entities to indent the text of those lines three spaces.

Replace the line of dashes after the poem with the <hr /> tag to indicate a horizontal rule.

Enclose the reference to the poem’s origin within a <footer> tag. Mark the text A Boy’s Will using the <cite> tag. Replace the word "copyright" with the character reference &copy;.

Verify the final website looks as designed.

Grading

Complete each task listed above. Each task contains automated checks which are used to calculate your grade. You can use the Website Refresh button to refresh your website preview at any point. You view a full-page version of your website by clicking the arrow in the top right corner of your website preview. When you have completed each task by clicking the checkbox, open the task list panel on the left navigation bar and click the "Submit" button.