King Fisher Aviation has projected the following quarterly sales amounts for the coming year:

Quarter 1 $750

Quarter 2 $820

Quarter 3 $790

Quarter 4 $950

Accounts Receivable at the beginning of the year are $350. King Fisher has a 30 day collection period. Calculate the cash collections in each of the four quarters by completing the following for each quarter.

Beginning receivables

Sales

Cash Collections

Ending Receivables

Rework the Ending Receivables calculation using 45 and 60 days

Exercise 21-3 Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2017). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 2,540 1,930 2,200 2,740 Tax 3,330 2,510 2,110 2,780 Consulting 1,730 1,730 1,730 1,730 Average hourly billing rates are auditing $83, tax $95, and consulting $103. Prepare the service revenue (sales) budget for 2017 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. THOME AND CREDE, CPAs Sales Revenue Budget Quarter 1 Quarter 2 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Billable Rate Total Rev. Auditing $ $ $ $ Tax Consulting Totals $ $ THOME AND CREDE, CPAs Sales Revenue Budget Quarter 3 Quarter 4 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Billable Rate Total Rev. Auditing $ $ $ $ Tax Consulting Totals $ $ THOME AND CREDE, CPAs Sales Revenue Budget Year Dept. Billable Hours Billable Rate Total Rev. Auditing $ $ Tax Consulting Totals $

Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows:

The company’s beginning cash balance for the upcoming fiscal year will be $47,000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded.

complete the company's cash budget for the upcoming fiscal year. (Cash deficiency, repayments, and interest, should be indicated by a minus sign.)

Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows:

The company’s beginning cash balance for the upcoming fiscal year will be $26,000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded.

Required:

Prepare the company’s cash budget for the upcoming fiscal year. (Cash deficiency, repayments and interest should be indicated by a minus sign.)

as a financial student you are presented with the following forecasted returns by Anna who requires your assistance:

      Assets($)

You are requested to compute the risk involved if Anna decides to invest in the following portfolio:

a) 20% in shares and the rest in Derivatives?

A clinical study is designed to assess differences in albumin levels in adults following diets with different amounts of protein. Low protein diets are often prescribed for patients with kidney failure. Albumin is the most abundant protein in blood, and its concentration in the serum is measured in grams per deciliter (g/dL). Clinically, serum albumin concentrations are also used to assess whether patients get sufficient protein in their diets. Three diets are compared, ranging from 5% to 15% protein, and the 15% protein diet represents a typical American diet. The albumin levels of participants following each diet are shown below. 5 % Protein 3.1 2.6 2.9 10 % Protein 3.8 4.1 2.9 3.4 4.2 15 % Protein 4.0 5.5 5.0 4.8 Is there is a difference in serum albumin levels among subjects on the three different diets ? For reference, normal albumin levels are generally between 3.4 and 5.4 g/dL. I preferred EXCEL Thanks

A clinical study is designed to assess differences in albumin levels in adults following diets with different amounts of protein. Low protein diets are often prescribed for patients with kidney failure. Albumin is the most abundant protein in blood, and its concentration in the serum is measured in grams per deciliter (g/dL). Clinically, serum albumin concentrations are also used to assess whether patients get sufficient protein in their diets. Three diets are compared, ranging from 5% to 15% protein, and the 15% protein diet represents a typical American diet. The albumin levels of participants following each diet are shown below. (5 % Protein 3.1 2.6 2.9), (10 % Protein 3.8 4.1 2.9 3.4 4.2), (15 % Protein 4.0 5.5 5.0 4.8). Is there is a difference in serum albumin levels among subjects on the three different diets ? For reference, normal albumin levels are generally between 3.4 and 5.4 g/dL. I preferred EXCEL. Use Kruskall-Wallis Tests Thanks.

In 1963, Maarten Schmidt of the California Institute of Technology found the most distant object that had ever been seen in the universe so far. Called 3C273, it emitted electromagnetic radiation with a power of 2×1013 Suns, or 100 times that of the entire Milky Way galaxy! Schmidt called 3C273 a "Quasi-Stellar Radio Source," a name that was soon shortened to "quasar." Since then, astronomers have found many quasars, some substantially more powerful and distant than 3C273. Quasar 3C273 is moving away from Earth at about speed 0.16c. The Sun is 1.5×1011mfrom Earth and emits energy at a rate of 3.8×1026J/s caused by the conversion of 4.3×109kg/s of mass into light and other forms of electromagnetic energy. The Hubble constant is
H=70.8km/sMpc=70.8103m/s3.09×1022m==22.9×10−19s−1

Estimate the mass of 3C273 that is converted to light and other forms of radiation each minute. By comparison, the mass of Earth is 6×1024kg.

express your answer in Kg

The smallest known blackhole is XTE J1650-500 in a binary system in the Milky Way. It’s mass is with just 3.8 times the mass of the sun. On the other hand, the most massive blackhole known is located in a super massive galaxy named Holm 15A, which is thought to have already formed from the collision of at least 8 smaller galaxies. The BH’s mass is 40 billion times that of the Sun. Calculate the Schwarzschild radius of both blackholes.

You have discovered a new galaxy and you think you have identified an Type II Cepheid star with a period of 30 days. You measure its brightness and with the Period-Luminosity function you calculate the distance to the galaxy d. However, you later find out that in fact the star you had identified is a Type I Cepheid. Is the galaxy further than, or, close to, us than we previously expected? By what factor should you multiply d to get the correct distance to the new galaxy?