IN C LANGUAGE ONLY PLEASE!
First Program:
Second Program:
Third program:
In: Computer Science
Compute trend percentages for each item for 2013 through 2016. Use 2012 as the base year and round to the nearest percent.
2. Compute the rate of return on net sales for 2014 through 2016. Explain what this means.
3. Compute asset turnover for 2014 through 2016. Explain what this means.
4. Use DuPont Analysis to compute rate of return on average total assets (ROA) for 2014 through 2016.
5. How does AccurateShipping's return on net sales for 2016 compare with previous years? How does it compare with that of the industry? In the shippingindustry, rates above 9% are considered good, and rates above 11% are outstanding.
6. Evaluate Accurate Shipping, Inc.'s ROA for 2016, compared with previous years and against an 18% benchmark for the industry.
Information to fill in
(In thousands) 2016 2015 2014 2013 2012
Net Sales.......................................$ 1,000 $ 920 $492 $308 $306
Net income................................. 41 34 11 39 24
Total assets................................. 300 266 262 230 208
Requirement 1. Compute trend percentages for each item for 2013 through 2016. Use 2012
as the base year and round to the nearest percent.
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Accurate Shipping, Inc. - Trend Percentages |
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2016 |
2015 |
2014 |
2013 |
2012 |
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Net sales. . . . . . . . . . . . . . . |
% |
% |
% |
% |
100 |
% |
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Net income. . . . . . . . . . . . |
% |
% |
% |
% |
100 |
% |
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Total assets. . . . . . . . . . . . . |
% |
% |
% |
% |
100 |
% |
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Requirement 2. Compute the rate of return on net sales for
20142014
through
20162016.
Explain what this means.
Begin by selecting the rate of return on net sales (return on sales) formula and then enter the amounts to calculate the percentages. (Enter amounts in thousands as provided to you in the problem statement. Enter "0" for zero amounts and enter the return on sales amounts as percentages rounded to one-tenth percent, X.X%.)
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( |
- |
) / |
= |
Return on sales |
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2014 |
( |
- |
) / |
= |
% |
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2015 |
( |
- |
) / |
= |
% |
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2016 |
( |
- |
) / |
= |
% |
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Explain what this means.
Return on sales measures
▼
the ability to collect cash from credit customers.
the amount of net income for each dollar of net sales.
the amount of net sales per dollar invested in assets.
the percentage of a stock's market value returned as dividends to stockholders.
Requirement 3. Compute asset turnover for
20142014
through
20162016.
Explain what this means.
Begin by selecting the asset turnover formula and then enter the amounts to calculate the ratios. (Enter amounts in thousands as provided to you in the problem statement. Do not round until your final answer, then enter the asset turnover amounts rounded to three decimal places, .XXX.)
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/ |
= |
Asset turnover |
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2014 |
/ |
= |
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2015 |
/ |
= |
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2016 |
/ |
= |
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Explain what this means.
Asset turnover means
▼
the ability to collect cash from credit customers.
the amount of net income for each dollar of net sales.
the amount of net sales per dollar invested in assets.
the percentage of a stock's market value returned as dividends to stockholders.
Requirement 4. Use DuPont Analysis to compute rate of return on average total assets (ROA) for
20142014
through
20162016.
Begin by selecting the ROA formula using the DuPont analysis and then enter the amounts to calculate the ratio. (Enter percentages rounded to one-tenth percent, X.X%. Enter other component ratios as decimals to three places, .XXX.)
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x |
= |
ROA |
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2014 |
% |
x |
= |
% |
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2015 |
% |
x |
= |
% |
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2016 |
% |
x |
= |
% |
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Requirement 5. How does Accurate Shipping's return on net sales for 2016 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 9% are considered good, and rates above 11% are outstanding.
Accurate Shipping's rate of return on net sales for 2016 compares ▼( unfavorably, favorably) with the industry rate of 9%. It's 2016 rate of return on net sales has ▼ (improved,deteriorated) from 2015 and (improved,deteriorated) from 2014.
Requirement 6. Evaluate Accurate Shipping, Inc.'s ROA for 2016, compared with previous years and against an 18% benchmark for the industry. Accurate Shipping's return on assets (ROA) for 2016 compares ▼ (unfavorably, favorably) with the 18% benchmark for the industry. It's 2016 ROA has ▼ (deteriorated, improved) from 2015 and ▼ (improved,deteriorated) from 2014.
In: Accounting
In: Electrical Engineering
When an ion-selective electrode for X was immersed in 0.0760 M XCl, the measured potential was 0.0450 V. What is the concentration of X when the potential is 0.0600 V? Assume that the electrode follows the Nernst equation, the temperature is at 25°C, and that the activity coefficient of X is 1.
[X+] = ??M
In: Chemistry
In: Other
The table lists the monthly total returns on Dish Network Corp. common stock and the market rates of return for a 24-month period. Observation Month Dish rate of return (%) Market rate of return (%) 1 Aug 2014 4.75 4.18 2 Sep 2014 -0.35 -2.11 3 Oct 2014 -1.44 2.74 4 Nov 2014 24.76 2.43 5 Dec 2014 -8.21 -0.01 6 Jan 2015 -3.48 -2.77 7 Feb 2015 6.67 5.78 8 Mar 2015 -6.64 -1.01 9 Apr 2015 -3.43 0.42 10 May 2015 4.63 1.39 11 Jun 2015 -4.35 -1.70 12 Jul 2015 -4.58 1.65 13 Aug 2015 -8.26 -6.00 14 Sep 2015 -1.57 -2.95 15 Oct 2015 7.94 7.86 16 Nov 2015 -0.41 0.56 17 Dec 2015 -8.82 -2.04 18 Jan 2016 -15.58 -5.67 19 Feb 2016 -2.36 -0.02 20 Mar 2016 -1.85 7.03 21 Apr 2016 6.55 0.63 22 May 2016 1.24 1.79 23 Jun 2016 5.01 0.23 24 Jul 2016 1.95 3.97 Estimate beta to two decimal places for Dish Network based on this data. If beta is negative, then include a minus sign. Hint: see Examples 16 and 17 in the lecture. Group of answer choices
In: Finance
Exercise 13-4
Flounder Company began operations on January 2, 2016. It employs 10 individuals who work 8-hour days and are paid hourly. Each employee earns 12 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows.
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Actual Hourly |
Vacation Days Used |
Sick Days Used |
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2016 |
2017 |
2016 |
2017 |
2016 |
2017 |
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$12 |
$13 |
0 |
10 |
5 |
6 |
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Flounder Company has chosen not to accrue paid sick leave until
used, and has chosen to accrue vacation time at expected future
rates of pay without discounting. The company used the following
projected rates to accrue vacation time.
|
Year in Which Vacation |
Projected Future Pay Rates |
|
|
2016 |
$12.47 |
|
|
2017 |
13.46 |
1- Prepare journal entries to record transactions related to compensated absences during 2016 and 2017.
2 - Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2016 and 2017.
In: Accounting
The following information is extracted from Shelton Corporation’s accounting records at the beginning of 2016:
| Accounts Receivable | $64,000 | |
| Allowance for Doubtful Accounts | 1,100 | (credit) |
During 2016, sales on credit amounted to $568,000, $559,000 was collected on outstanding receivables and $2,500 of receivables were written off as uncollectible. On December 31, 2016, Shelton estimates its bad debts to be 4% of the outstanding gross accounts receivable balance.
| Required: | |
| 1. | Prepare the journal entry necessary to record Shelton’s estimate of bad debt expense for 2016. |
| 2. | Prepare the Accounts Receivable section of Shelton’s December 31, 2016, balance sheet. |
| 3. | Compute Shelton’s receivables turnover. (Round to one decimal place.) |
| 4. |
If Sheldon uses IFRS, what might be the heading for the accounts receivable section in Requirement 2? |
Prepare the journal entry necessary to record Shelton’s estimate of bad debt expense on December 31.
PAGE 9
GENERAL JOURNAL
| DATE | ACCOUNT TITLE | POST. REF. | DEBIT | CREDIT | |
|---|---|---|---|---|---|
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1 |
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2 |
Balance Sheet
Prepare the Accounts Receivable section of Shelton’s December 31, 2016, balance sheet.
|
Shelton Corporation |
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Partial Balance Sheet |
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December 31, 2016 |
|
1 |
Accounts Receivable |
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2 |
Allowance for Doubtful Accounts |
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3 |
Net Accounts Receivable |
Analysis
Compute Shelton’s receivables turnover. (Round to one decimal place.)
Shelton’s receivable turnover is ______.
In: Accounting
Simon Company’s
year-end balance sheets follow.
| At December 31 | 2017 | 2016 | 2015 | ||||||
| Assets | |||||||||
| Cash | $ | 34,308 | $ | 38,923 | $ | 40,958 | |||
| Accounts receivable, net | 96,509 | 66,739 | 54,060 | ||||||
| Merchandise inventory | 126,245 | 92,737 | 58,155 | ||||||
| Prepaid expenses | 11,048 | 10,114 | 4,735 | ||||||
| Plant assets, net |
301,972 |
282,937 | 259,992 | ||||||
| Total assets | $ | 570,082 | $ | 491,450 | $ | 417,900 | |||
| Liabilities and Equity | |||||||||
| Accounts payable | $ | 139,111 | $ | 83,886 | $ | 56,266 | |||
| Long-term notes
payable secured by mortgages on plant assets |
108,247 | 115,294 | 91,432 | ||||||
| Common stock, $10 par value | 162,500 | 162,500 | 162,500 | ||||||
| Retained earnings | 160,224 | 129,770 | 107,702 | ||||||
| Total liabilities and equity | $ | 570,082 | $ | 491,450 | $ | 417,900 | |||
1. Compute the current ratio for the year ended
2017, 2016, and 2015.
2. Compute the acid-test ratio for the year ended
2017, 2016, and 2015.
Complete this question by entering your answers in the tabs below.
Compute the current ratio for the years ended December 31, 2017, 2016, and 2015.
| Current Ratio | ||||||
| Choose Numerator: | / | Choose Denominator: | = | Current Ratio | ||
| / | = | Current ratio | ||||
| 2017: | / | = | to 1 | |||
| 2016: | / | = | to 1 | |||
| 2015: | / | = | to 1 | |||
Compute the acid-test ratio for the years ended December 31, 2017, 2016, and 2015.
| Acid-Test Ratio | ||||||||||
| Choose Numerator: | / | Choose Denominator: | = | Acid-Test Ratio | ||||||
| + | + | / | = | Acid-test ratio | ||||||
| 2017: | + | + | / | = | to 1 | |||||
| 2016: | + | + | / | = | to 1 | |||||
| 2015: | + | + | / | = | to 1 | |||||
In: Accounting
On January 1, 2016, Flash and Dash Company adopted a healthcare plan for its retired employees. To determine eligibility for benefits, the company retroactively gives credit to the date of hire for each employee. The following information is available about the plan:
| Service cost | $30,650 |
| Accumulated postretirement benefit obligation (1/1/16) | 159,600 |
| Expected return on plan assets | 0 |
| Amortization of Prior service cost | 11,400 |
| Payments to retired employees during 2016 | 4,800 |
| Interest rate | 8% |
| Average remaining service period of active plan participants (1/1/16) | 14 years |
Required:
| 1. | Compute the OPRB expense for 2016 if the company uses the average remaining service life to amortize the prior service cost. |
| 2. |
Prepare all the required journal entries for 2016 if the plan is not funded. |
Prepare the entries to record:
| 1. | the prior service cost on January 1. |
| 2. | the postretirement benefit expense for 2016 on December 31. |
| 3. | the payments to retired employees during 2016 on December 31. |
| 4. | the amortization of prior service cost on December 31. |
PAGE 1
GENERAL JOURNAL
| DATE | ACCOUNT TITLE | POST. REF. | DEBIT | CREDIT | |
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3 |
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6 |
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7 |
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8 |
Analysis
Compute the OPRB expense for 2016 if the company uses the average remaining service life to amortize the prior service cost.
OPRB expense: _______________
In: Accounting