Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. and would like you to prepare the cash flow statement. The comparative balance sheet of Cookie & Coffee Creations Inc. at October 31, 2020 for the years 2020 and 2019 and the income statement for the year ended October 31, 2020, are presented below. Additional information: 1. Equipment (cost $4,500 and book value $3,000) was disposed of at the beginning of the year for $500 cash and replaced with new equipment purchased for $4,000 cash. 2. Additional equipment was bought for $14,000 on November 1, 2019. A $12,000 note payable was signed. The terms provide for equal semi-annual installment payments of $2,000 on May 1 and November 1 of each year, plus interest of 5% on the outstanding principal balance. 3. Other equipment was bought for $13,000 cash. 4. Dividends were declared on the preferred and common stock on October 15, 2020, to be paid on November 15, 2018. 5. Accounts payable relate only to merchandise creditors. 6. Prepaid expenses relate only to other operating expenses. Instructions:

(a) Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31, 2020, using the indirect method

b) Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31, 2020, using the direct method.

COOKIE & COFFEE CREATIONS INC. Balance Sheet October 31, Assets 2020 2019 Cash $ 22,324 $5,550 Accounts receivable 3,250 2,710 Inventory 7,897 7,450 Prepaid expenses 5,800 6,050 Equipment 102,000 75,500 Accumulated depreciation— equipment (25,200) (9,100) Total assets $116,071 $88,160 COOKIE & COFFEE CREATIONS INC. Balance Sheet October 31, Liabilities and Stockholders’ Equity 2020 2019 Accounts payable $ 1,150 $ 2,450 Income taxes payable 9,251 7,200 Dividends payable 27,000 27,000 Salaries and wages payable 7,250 1,280 Interest payable 188 0 Note payable 10,000 0 Preferred stock, no par, $6 cumulative, 3,000 and 2,800 shares issued, respectively 15,000 14,000 Common stock, $1 par—25,180 shares issued and outstanding 25,180 25,180 Additional paid-in capital—treasury stock 250 250 Retained earnings 20,802 10,800 Total liabilities and stockholders’ equity $116,071 $88,160 COOKIE & COFFEE CREATIONS INC. Income Statement Year Ended October 31, 2020 Sales $485,625 Cost of goods sold 222,694 Gross profit 262,931 Operating expenses Salaries and wages expense $147,979 Depreciation expense 17,600 Other operating expenses 48,186 213,765 Income from operations 49,166 Other expenses Interest expense $ 413 Loss on disposal of plant assets 2,500 2,913 Income before income tax 46,253 Income tax expense 9,251 Net income $ 37,002 Assignment Rubric

Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. and would like you to prepare the cash flow statement. The comparative balance sheet of Cookie & Coffee Creations Inc. at October 31, 2020 for the years 2020 and 2019 and the income statement for the year ended October 31, 2020, are presented below.

Additional information:

1.   Equipment (cost $4,500 and book value $3,000) was disposed of at the beginning of the year for $500 cash and replaced with new equipment purchased for $4,000 cash.

2.   Additional equipment was bought for $14,000 on November 1, 2019. A $12,000 note payable was signed. The terms provide for equal semi-annual installment payments of $2,000 on May 1 and November 1 of each year, plus interest of 5% on the outstanding principal balance.

3.   Other equipment was bought for $13,000 cash.

4.   Dividends were declared on the preferred and common stock on October 15, 2020, to be paid on November 15, 2018.

5.   Accounts payable relate only to merchandise creditors.

6.   Prepaid expenses relate only to other operating expenses.

Instructions:

(a) Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31, 2020, using the indirect method.

*(b)            Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31, 2020, using the direct method.

COOKIE & COFFEE CREATIONS INC.

Balance Sheet

October 31,

COOKIE & COFFEE CREATIONS INC.

Balance Sheet

October 31,

COOKIE & COFFEE CREATIONS INC.

Income Statement

Year Ended October 31, 2020

A clinical trial was conducted to test the effectiveness of a drug for treating insomnia in older subjects. Before​ treatment,

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subjects had a mean wake time of

102.0102.0

min. After​ treatment, the

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subjects had a mean wake time of

95.695.6

min and a standard deviation of

20.120.1

min. Assume that the

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sample values appear to be from a normally distributed population and construct a

9595​%

confidence interval estimate of the mean wake time for a population with drug treatments. What does the result suggest about the mean wake time of

102.0102.0

min before the​ treatment? Does the drug appear to be​ effective?Construct the

9595​%

confidence interval estimate of the mean wake time for a population with the treatment.

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What does the result suggest about the mean wake time of

102.0102.0

min before the​ treatment? Does the drug appear to be​ effective?The confidence interval

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does not include

includes

the mean wake time of

102.0102.0

min before the​ treatment, so the means before and after the treatment

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could be the same.

are different.

This result suggests that the drug treatment

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Enter your answer in each of the answer boxes

Question

Tesco is a global grocery and general merchandise retailer headquartered in Cheshunt, United Kingdom. It is the third-largest retailer in the world measured by revenues (after Wal-Mart and Carrefour) and the second-largest measured by profits Tesco House, head office in Cheshunt, Hertfordshire. (after Wal-Mart). It has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK (where it has a market share of around 30%), Malaysia, the Republic of Ireland and Thailand. Tesco opened its first store in Malaysia in May 2002 with the opening of its first hypermarket in Puchong, Selangor. Tesco Malaysia currently operates 49 Tesco and Tesco Extra stores.

Assume the role of a management consultant reporting to the CEO and Board of Directors at TESCO Malaysia, prepare a report based on the following questions below. In your report, address the following points:

1. Define the current strategic problems and opportunities faced by TESCO in Malaysia or in selected branches in Malaysia.

2. Analyze TESCO’s marketing and innovation strategy transformation designed to position the company on the cutting edge of consumer trends.

3. Evaluate TESCO’s strategy of developing healthy lifestyle or go green concept in Malaysia.

4. Compare and contrast the performance of TESCO with the nearest competitor of a kind in Malaysia.

5. Provide recommendations to management of TESCO on ways to improve strategically in Malaysia.

Blossom Inc. presented the following data:

As of January 1, 2020, there were no dividends in arrears. On December 31, 2020, Blossom declared and paid the preferred dividend for 2020.

1) Calculate earnings per share for the year ended December 31, 2020

2) Assume that Blossom did not declare or pay a preferred dividend in 2020.

Calculate earnings per share for the year ended December 31, 2020

3) Assume that as at January 1, 2020, Blossom had two years of dividends in arrears, and that on December 31, 2020, Blossom declared and paid the dividends in arrears and the preferred dividend for 2020.

Calculate earnings per share for the year ended December 31, 2020.

4) Assume that the preferred shares are non-cumulative, and that the preferred dividend was paid in 2020.

Calculate earnings per share for the year ended December 31, 2020.

5) Assume that the preferred shares are non-cumulative, and that Blossom did not declare or pay a preferred dividend in 2020.

Calculate earnings per share for the year ended December 31, 2020.

Taxes and welfare

Consider the market for commercial fans. The following graph shows the demand and supply for commercial fans before the government imposes any taxes.

First, use the black point (plus symbol) to indicate the equilibrium price and quantity of commercial fans in the absence of a tax. Then use the green point (triangle symbol) to shade the area representing total consumer surplus (CS) at the equilibrium price. Next, use the purple point (diamond symbol) to shade the area representing total producer surplus (PS) at the equilibrium price.

Before TaxEquilibriumConsumer SurplusProducer Surplus05010015020025030035040045050050454035302520151050PRICE (Dollars per fan)QUANTITY (Fans)DemandSupplyArea: 0

Suppose the government imposes an excise tax on commercial fans. The black line on the following graph shows the tax wedge created by a tax of $20 per fan.

First, use the tan quadrilateral (dash symbols) to shade the area representing tax revenue. Next, use the green point (triangle symbol) to shade the area representing total consumer surplus after the tax. Then, use the purple point (diamond symbol) to shade the area representing total producer surplus after the tax. Finally, use the black point (plus symbol) to shade the area representing deadweight loss.

After TaxTax RevenueConsumer SurplusProducer SurplusDeadweight Loss05010015020025030035040045050050454035302520151050PRICE (Dollars per fan)QUANTITY (Fans)DemandSupplyTax WedgeArea: 0

Complete the following table by using the previous graphs to determine the values of consumer and producer surplus before the tax, and consumer surplus, producer surplus, tax revenue, and deadweight loss after the tax.

Note: You can determine the areas of different portions of the graph by selecting the relevant area.

Calculate the total depreciation for these various assets - All assets are business use. Joe purchased a 5 year asset for $1,190,000 on 6/13/2020. Joe wants to take the maximum amount of Sec 179 depreciation as possible. Taxable income for 2020 was $1,125,000. Calculate the depreciation expense for 2020. Joe sold the asset in 2021. Additional first year depreciation was not taken in 2020. Calculate the depreciation for 2021. 2020: 2021:

APA format is required. References should be listed immediately after the question that is being answered. Each question lists a minimum number of unique scholarly references; the textbook is considered one unique reference (per question) regardless of how many times it is used. All references should be from the years 2007 to present day. Review the rubric that will be used to evaluate this paper. All work must be completed individually. 1. Why is operations management important in all types of organizations? Use at least two unique references. Length: 4-5 paragraphs. 2. How is operations performance judged at a strategic level? Use at least two unique references. Length: 4-5 paragraphs. 3. How can operations strategy form the basis for operations improvement? Use at least two unique references. Length: 4-5 paragraphs. 4. What are the stages of product and service innovation? Use at least two unique references. Length: 4-5 paragraphs

Use this table to answer this question (All are stated in million dollars)

Suppose the expected growth of net sales for 2021 is 10%, calculate the Edge Corp. Additional Fund Needed (AFN) for 2021 based on the 2020 status quo. Also, please explain the meaning of the Additional Fund Needed (AFN) for 2021 that you calculated to the firm.