Questions
How to calculate the mtabolic ratio of the entire experiment, when the concentration of caffeine and...

How to calculate the mtabolic ratio of the entire experiment, when the concentration of caffeine and paraxanthine the urine sample is given ?

In: Anatomy and Physiology

Suppose a point is to be selected at random from the unit circle. Write the sample...

  1. Suppose a point is to be selected at random from the unit circle. Write the sample space associated with this random experiment.

In: Math

In a physics laboratory experiment, a coil with 250 turns enclosing an area of 11.8cm2 is...

In a physics laboratory experiment, a coil with 250 turns enclosing an area of 11.8cm2 is rotated in a time interval of 3.00

In: Physics

Describe the difference between statistical significance and effect size. How is each used in describing the...

Describe the difference between statistical significance and effect size. How is each used in describing the results of an experiment?

In: Math

What is the purpose of using Hickman still instead of a conventional distillation apparatus in this...

What is the purpose of using Hickman still instead of a conventional distillation apparatus in this synthetic experiment? Explain the advantages.

In: Other

Force Table: If the center ring were to have considerable mass, what effect would it have...

Force Table: If the center ring were to have considerable mass, what effect would it have on the experiment?

In: Physics

what constitutes ethical or unethical experiment in sociology? what safeguards should be in place to ensure...

what constitutes ethical or unethical experiment in sociology? what safeguards should be in place to ensure experiments are ethical?

In: Psychology

Constructing and Assessing Income Statements Using Cost-to-Cost Method Assume General Electric Company agreed in May 2016...

Constructing and Assessing Income Statements Using Cost-to-Cost Method
Assume General Electric Company agreed in May 2016 to construct a nuclear generator for NSTAR, a utility company serving the Boston area. General Electric Company estimated that its construction costs would be $360 million. The contract price of $450 million is to be paid as follows: $150 million at the time of signing; $150 million on December 31, 2016; and $150 million at completion in May 2017. General Electric incurred the following costs in constructing the generator: $144 million in 2016 and $216 million in 2017.


a. Compute the amount of General Electric's revenue, expense, and income for both 2016 and 2017, and for both years combined, under the cost-to-cost revenue recognition method.
Enter dollar amounts in millions.

Cost-to-Cost Method

Year

Costs

incurred

% of total

excepted

costs

Revenue

recognized

Income

2016 Answer Answer Answer Answer
2017 Answer Answer Answer Answer
Total Answer Answer Answer

In: Accounting

Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015...


Bethesda Mining Company reports the following balance sheet information for 2015 and 2016.

Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

BETHESDA MINING COMPANY
Balance Sheets as of December 31, 2015 and 2016
2015 2016 2015 2016
Assets Liabilities and Owners’ Equity
Current assets Current liabilities
Cash $ 55,526 % $ 70,205 % Accounts payable $ 188,922 % $ 196,611 %
Accounts receivable 63,281 % 83,639 % Notes payable 84,020 % 135,588 %
Inventory 121,382 % 186,805 % Total $ 272,942 % $ 332,199 %
Total $ 240,189 % $ 340,649 % Long-term debt $ 235,000 % $ 171,750 %
Owners’ equity
Common stock and paid-in surplus $ 220,000 % $ 220,000 %
Fixed assets Accumulated retained earnings 170,594 % 206,478 %
Net plant and equipment $ 658,347 % $ 589,778 % Total $ 390,594 % $ 426,478 %
Total assets $ 898,536 % $ 930,427 % Total liabilities and owners’ equity $ 898,536 % $ 930,427 %

In: Finance

Depreciation by Three Methods; Partial Years Razar Sharp Company purchased equipment on July 1, 2014, for...

Depreciation by Three Methods; Partial Years

Razar Sharp Company purchased equipment on July 1, 2014, for $86,670. The equipment was expected to have a useful life of three years, or 6,480 operating hours, and a residual value of $2,430. The equipment was used for 1,200 hours during 2014, 2,300 hours in 2015, 1,900 hours in 2016, and 1,080 hours in 2017.

Required:

Determine the amount of depreciation expense for the years ended December 31, 2014, 2015, 2016, and 2017, by (a) the straight-line method, (b) units-of-output method, and (c) the double-declining-balance method.

Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.

a. Straight-line method

Year

Amount

2014

$

2015

$

2016

$

2017

$

b. Units-of-output method

Year

Amount

2014

$

2015

$

2016

$

2017

$

c. Double-declining-balance method

Year

Amount

2014

$

2015

$

2016

$

2017

$

In: Accounting