Questions
Tracer Advance Corporation (TAC) sells a tracking implant that veterinarians surgically insert into pets. TAC began...

Tracer Advance Corporation (TAC) sells a tracking implant that veterinarians surgically insert into pets. TAC began January with an inventory of 400 tags purchased from its supplier in November last year at a cost of $24 per tag, plus 200 tags purchased in December last year at a cost of $30 per tag. TAC uses a perpetual inventory system to account for the following transactions.

Jan. 3 TAC gave 500 tags to a courier company (UPS) to deliver to veterinarian customers. The sales price was $60 per tag, and the sales terms were n/30, FOB shipping point.
Jan. 4 UPS confirmed that all 500 tags were delivered today to customers.
Jan. 9 TAC ordered 700 tags from its supplier. The supplier was out of stock but promised to send them to TAC as soon as possible. TAC agreed to a cost of $43 per tag, n/30.
Jan. 19 The 700 tags ordered on January 9 were shipped to and received by TAC today. TAC complained about the delay between order and shipment date, so the supplier reduced the amount TAC owed by granting an allowance of $1 per tag ($700 total).
Jan. 23 TAC gave 750 tags to UPS, which were delivered “same day” to veterinarian customers at a price of $60 per tag, n/30, FOB shipping point.
Jan. 28 TAC received cash payment from customers for 400 of the tags delivered January 4.
Jan. 31 TAC counted its inventory and determined 40 tags were on hand. TAC made a “book-to-physical adjustment” to account for the missing 10 tags.

Assume Tracer Advance Corporation (TAC) uses LIFO in its perpetual inventory system. Prepare the journal entry for each transaction.

Journal Entry Worksheet

1 - Record the sale of tags to veterinarian customers

2 - Record the cost of tags sold to veternarian customers.

3- Record the tags delivered to customers.

4-Record the order for tags made by TAC from its supplier.

5-Record the purchase of tags after deducting the allowance given by supplier for delay between order and shipment.

6- Record the sale of tags to veterinarian customers.

7-Record the cost of tags sold to veternarian customers.

8-Record the cash collected from customers.

9-Record the loss of inventory at its cost.

In: Accounting

1) In a given year the nominal growth rate is 7% with inflation and population growth...

1) In a given year the nominal growth rate is 7% with inflation and population growth rates of 2% and 1.2% respectively, then real growth rate of GDP per capita is:

A. 3.8%.

B. 5.0 %.

C. 5.8%.

D. 7.0 %.

2) You purchase a bag of chocolate chips for $3, a bag of flour for $1, a bag of sugar for $.50, a half dozen eggs for $.50, and a half pound of butter for $2. You use all these ingredients to make three dozen cookies. Your roommate offers you $15 for them, and you happily accept. How much does this process contribute to GDP?

A. $7

B. $15

C. $22

D. $8

Please show how to calculate.

In: Economics

can you give me every single questions answers with reference. What do the terms “genotype” and...

can you give me every single questions answers with reference.

  1. What do the terms “genotype” and “phenotype” mean?

  1. Briefly explain the three factors that contribute to genetic variability.
    1. Independent assortment
    2. Crossover of homologues
    3. Random fertilization

  1. Briefly describe the following. Provide an example for each.
    1. Dominant-recessive inheritance
    2. Incomplete dominance inheritance
    3. Multiple-allele inheritance
    4. Sex-linked inheritance
    5. Polygene inheritance
    6. Extranuclear (mitochondrial) inheritance (not really a pattern

  1. What role, if any, do environmental factors play in gene expression?

  1. What is genetic screening? Why do they determine pedigrees?

  1. Compare/contrast amniocentesis and chorionic villus sampling (including the benefits and risks associated with each).

In: Anatomy and Physiology

You and five other Emiratis were posted for international posting to Kuala Lumput, Malaysia, by your...

You and five other Emiratis were posted for international posting to Kuala Lumput, Malaysia, by your company, Mubadala, an investment company based in Abu Dhabi UAE to open a new office. To benefits you and your fellow Emirati in Kuala Lumpur’s new office you imposed and followed the home country employment law provision of no income tax deduction no employee provident fund contribution, and no requirement to register with the social security and contribute to the Employement Injury Scheme. Your decisions however have are not aligned with the Malaysian employment Law and Industrial Relationsh provisions

Question: Based on the above evaluate three implication of imposing and following the home country employment Law n the host country context

In: Operations Management

Review the following scenario, and then discuss it in terms of both functional and dysfunctional conflict...

Review the following scenario, and then discuss it in terms of both functional and dysfunctional conflict within an organization.

Last year, an organization established a company policy requiring that all employees smile and make eye contact with customers. Since then, employee grievances have continued to escalate. In the last month alone, 10 employees from three different stores have filed grievances. Most of them list customer harassment as a major issue: The customers assume that the employee is flirting with them because the customers are misreading the social cues. Additionally, one employee who had recently suffered the loss of her spouse complained about being reprimanded by a supervisor because she was not smiling at customers "with sufficient enthusiasm."

The organization wants to maintain an image as a friendly place to shop that cares about its customers, but the organization also wants to be a place where employees can work in a safe environment.

Explain which communication technique (or techniques) you think would be most helpful in creating a solution, and explain why you believe the technique (or techniques) will help.

subject is organizational communication can response please be typed for clear and better understanding

In: Economics

What are three major differences between the life cycles of COVID-19 v. HIV? What are three...

What are three major differences between the life cycles of COVID-19 v. HIV? What are three analogous proteins encoded in both viral genomes?

In: Biology

Discuss three commonalities between stocks and bonds. Discuss three differences. If you were a business owner,...

Discuss three commonalities between stocks and bonds. Discuss three differences. If you were a business owner, would you prefer to issue stocks or bonds to raise money? Why? If you were an investor, would you prefer to own stocks or bonds? Why?

In: Finance

Please consider the following, and offer three (3) responses between one (1) and three (3) sentences...

Please consider the following, and offer three (3) responses between one (1) and three (3) sentences in length.

Scenario: You read in the local newspaper (ok, probably on your iPhone) that Genitempo-Cardoza Drilling (GC-D), the division of PEMEX specializing in light, sweet crude, has tapped another substantial deposit. This discovery and access means major profits for GC-D, and also new contracting opportunities for various support companies. Schlumberger and Morgan-Ali-Perry Corporation (MAP Corp) are competing to provide cementing field services and related support. You are a consultant to GC-D and MAP Corp and have been given a waiver (possible conflicts of interest, right?) to advise both clients in a joint meeting on three (3) issues.

If GC-D contracts with both Schlumberger and MAP Corp to provide services as independent contractors:

1) Should GC-D carry both Schlumberger and MAP Corp under its employment insurance?

2) If Schlumberger is providing only labor/people to operate and MAP Corp is providing only equipment, will Schlumberger and MAP Corp need to establish contracts with each other/between their two companies, or just GC-D independently?

3) If MAP Corp is shipping its equipment from its Texas base to Mexico, what entities (government and private) might be involved in that transfer?

In: Accounting

List THREE Muscle Tissues. In SIX different ways, Compare and Contrast between the three Muscle Tissue...

List THREE Muscle Tissues. In SIX different ways, Compare and Contrast between the three Muscle Tissue types.

In: Biology

alculating Gross Profit and Inventory Turnover The following table presents sales revenue, cost of goods sold,...

alculating Gross Profit and Inventory Turnover
The following table presents sales revenue, cost of goods sold, and inventory amounts for three computer/electronics companies, Dell Inc., Hewlett-Packard Company, and Apple Inc.

$ millions Fiscal year ending
Samsung Electronics Co. Ltd. (S. Korean won) Dec. 31, 2014 Dec. 31, 2013 Dec. 31, 2012
Revenues 203,205,987 225,692,667 198,103,613
Cost of goods sold 126,278,800 135,696,309 124,651,931
Inventory 15,817,504 17,634,868 16,247,413
Hewlett-Packard Company (US dollar) Oct. 31, 2014 Oct. 31, 2013 Oct. 31, 2012
Revenues (Products only) 127,245 126,033 114,552
Cost of goods sold 67,167 67,064 58,503
Inventory 7,490 6,466 6,128
Apple Inc. (US dollar) Sep. 27, 2014 Sep. 28, 2013 Sep. 29, 2012
Revenues 108,249 65,225 42,905
Cost of goods sold 66,431 41,541 27,683
Inventory 776 1,051 455

Required:
a. Compute the gross profit margin (GPM) for each of these companies for all three fiscal years.
(Round your answers to one decimal place.)

2014 2013 2012
Samsung Answer% Answer% Answer%
Hewlett-Packard Answer% Answer% Answer%
Apple Answer% Answer% Answer%

b. Compute the inventory turnover ratio and the average inventory days outstanding for each company for the last two fiscal years. (All three firms use FIFO inventory costing.)
(Round your answers to one decimal place.)

Inventory

Turnover
2014

Inventory

Turnover
2013

AIDO
2014
AIDO
2013
Samsung Answer Answer Answer Answer
Hewlett-Packard Answer Answer Answer Answer
Apple Answer Answer Answer Answer

In: Accounting