Prepare the Cash Budget assuming:
1. January 1, 2021 cash balance is expected to be $60,000
2. Sales are expected to be collected:
a. 60% in the quarter of the sale.
b. 25% one quarter after the sale.
c. 15% two quarter after the sale.
3. Accounts Receivable of $68,000 at December 31, 2020 are expected to be collected in full, $40,000 in the first quarter and the remaining in the second quarter of 2021.
4. Direct material is expected to be paid:
a. 35% in the quarter of purchase.
b. 35% one quarter after the purchase. c. 30% two quarter after the purchase.
5. Short term investments are expected to be sold for $5,000 in the second quarter and $3,500 in the third quarter.
6. Long term investment is expected to be sold for $25,000 in the third quarter. 7. Direct labor is 100% paid in the quarter incurred.
8. Manufacturing overhead, all items except depreciation are paid in the quarter incurred. 9. Selling and administrative expenses, all items except depreciation are paid in the quarter incurred.
10. Management plans to purchase a minivan in the fourth quarter for $35,000, and a delivery truck in the third quarter for $10,600.
11. McGregor makes equal quarterly payments of its estimated annual income taxes. 12. Accounts payable of $25,500 at December 31, 2020 are expected to be paid in full in the second quarter.
13. McGregor wishes to maintain a balance of at least $30,000 in cash.
14. Assume interest of $1,000 in the repayment
15. Common Stock are expected to be issued in the fourth quarter for an amount of 20,000.
16. Loans are repaid in the earlier quarter in which there is sufficient cash (that is when the cash on hand exceeds the $30,000 minimum required balance).
Prepare the Budgeted Balance Sheet with the information above and the following information:
1. Pertinent data at December 31, 2020 are as follows:
a. Building and equipment, $250,000
b. Accumulated depreciation $120,000
c. Common stocks $201,000
d. Retained earnings $230,997.48
2. The accounts that should be in the statements are:
a. Cash
b. Account receivable
C. Finished goods inventory
d. Raw material inventory
e. Accounts payable
f. The accounts mentioned in part 1 of this section.
In: Accounting
Make a detailed trace of the execution of the following program fragment, giving the contents of all the registers, and memory locations involved. Assume that before execution begins the SS register contains 0410h, and the SP register 0100h, and that the contents of AX, BX, CX, and DX are 789Ah, 0020h, 2000h, and 1234h respectively.
|
SS |
SP |
TOS |
AX |
BX |
CX |
DX |
||
|
Initial contents |
0990 |
0100 |
/ |
789A |
0020 |
2000 |
1234 |
|
|
after |
PUSH AX |
|||||||
|
after |
PUSH BX |
|||||||
|
after |
PUSH CX |
|||||||
|
after |
POP DX |
|||||||
|
after |
POP CX |
|||||||
|
after |
PUSH DX |
|||||||
|
after |
POP AX |
|||||||
|
after |
POP BX |
|||||||
In: Computer Science
In the Dumas Method for determining the molar mass of an unknown liquid with a boiling point less than water, the liquid is vaporized in a bulb (whose volume is precisely known) that is immerse in a water bath. The bulb is sealed after all the liquid has been evaporated. The bulb is cooled and the gas that has filled the container condenses. The bulb is weighed and the weight of the liquid in the bulb is determined by weighing the bulb before the experiment and after the experiment. The following data for an unknown liquid is obtained using the Dumas Method:
| Measurement | Value |
| Volume of the Bulb | 351 mL |
| Mass of the Bulb before the Experiments | 2.000 g |
| Mass of the Bulb after the Experiment | 2.506 g |
| Pressure | 722 torr |
| Temperature | 80 oC |
The gas in the Dumas bulb must be
| CH3SH |
| CH3CH2CH2OH |
| CH3CH2OCH2CH3 |
| CH3CH2OH |
| CH3COOH |
In: Chemistry
Firm L has $500,000 to invest and is considering two
alternatives. Investment A would pay 6 percent ($30,000 annual
before-tax cash flow). Investment B would pay 4.8 percent ($24,000
annual before-tax cash flow). The return on Investment A is
taxable, while the return on Investment B is tax exempt. Firm L
forecasts that its 21 percent marginal tax rate will be stable for
the foreseeable future.
Required:
In: Accounting
Simple harmonic motion:
A ball dropped from a height of 4.00m makes an elastic collision with the ground in a vacuum chamber. a) What is the difference between the kinetic energy of the ball immediately before the collision and the kinetic energy of the ball immediately after the collision? b) Is the kinetic energy of the ball conserved in its subsequent motion after the collision? c) What is the difference between the momentum of the ball immediately before the collision and the momentum of the ball immediately after the collision? d) Is the total momentum of the system conserved, and if so, what other parts of the system must be included other than the ball? e) Identify an equilibrium point for the entire system. Explain why the motion around this equilibrium point is periodic and determine the period of the motion. f) Is the motion simple harmonic motion? Explain.
Having problem solving this..
In: Physics
A city wants to know if a new advertising campaign to make citizens aware of the dangers of driving after drinking has been effective. The accompanying table shows the number of drivers who have been stopped with more alcohol in their systems than the law allows for each day of the week in the week before and the week a month after the campaign starts. Assume that the data from each population is Normally distributed. Complete parts a through i below.
A) Compute the standard deviation of the differences
B) Compute the standard deviation of the differences
C) Find the value of the t-statistic.
| Days of the Week | Before | After |
| Monday | 6 | 4 |
| Tuesday | 9 | 2 |
| Wednesday | 10 | 5 |
| Thursday | 4 | 4 |
| Friday | 7 | 6 |
| Saturday | 12 | 6 |
| Sunday | 10 |
8 |
In: Statistics and Probability
Firm L has $500,000 to invest and is considering two alternatives. Investment A would pay 6 percent ($30,000 annual before-tax cash flow). Investment B would pay 4.5 percent ($22,500 annual before-tax cash flow). The return on Investment A is taxable, whereas the return on Investment B is tax exempt. Firm L forecasts that its 35 percent marginal tax rate will be stable for the foreseeable future.
a. Compute the explicit tax and implicit tax that Firm L will pay with respect to Investment A and Investment B.
b-1. What is the annual after-tax cash flow for Investment A?
b-2. What is the annual after-tax cash flow for Investment B?
b-3. Which investment results in the greater annual after-tax cash flow?
In: Accounting
Question: 9 hypertension patients in a clinic use an experimental drug for treatment. The systolic blood pressure reading for these patients before and after using the drug are as follows:
Assume that blood pressure has a standard deviation of 5 mmHg. Do you think the drug works?
| ID | BP BEFORE (mmHg) | BF AFTER (mmHg) |
| 1 | 145 | 138 |
| 2 | 140 | 142 |
| 3 | 150 | 140 |
| 4 | 142 | 148 |
| 5 | 155 | 151 |
| 6 | 152 | 140 |
| 7 | 148 | 132 |
| 8 | 160 | 160 |
| 9 | 152 | 148 |
After solving the problem;
1-) Choose the treshold value on your own.
2-) Explain briefly why you choose that numbers as treshold
3-) Make comments on the result of hypothesis test.
Thank you for everything.
In: Statistics and Probability
You are trying to establish the IgG response from a recently vaccinated individual, where it will be important to know how much IgG they have both before and after the vaccination. You start with two samples of 8 mL of blood, one from before vaccination and one after. You use an affinity chromatography technique to remove just the IgG (ε = 1.35 g-1L cm-1). You end with a 2 mL sample of each. The pre-vaccinated sample has an A280 reading of 0.85, and the post-vaccinated sample has an A280 reading of 0.202 with a 10-fold dilution (both with a 1 cm path length).
a) How many micrograms of IgG were in each of the original blood samples?
b) What fold change in IgG amounts was seen after vaccination?
In: Chemistry
In: Economics