For the year ended December 31, 2018, Fidelity Engineering reported pretax accounting income of $980,000. Selected information for 2018 from Fidelity’s records follows: Interest income on municipal bonds $ 32,600 Depreciation claimed on the 2018 tax return in excess of depreciation on the income statement 55,900 Carrying amount of depreciable assets in excess of their tax basis at year-end 86,500 Warranty expense reported on the income statement 26,450 Actual warranty expenditures in 2018 16,300 Fidelity's income tax rate is 40%. At January 1, 2018, Fidelity's records indicated balances of zero and $12,240 in its deferred tax asset and deferred tax liability accounts, respectively. Required: 1. Determine the amounts necessary to record income taxes for 2018 and prepare the appropriate journal entry. 2. What is Fidelity’s 2018 net income?
For the year ended December 31, 2018, Fidelity Engineering
reported pretax accounting income of $980,000. Selected information
for 2018 from Fidelity’s records follows:
| Interest income on municipal bonds | $ | 32,600 |
| Depreciation claimed on the 2018 tax return in excess of depreciation on the income statement |
55,900 | |
| Carrying amount of depreciable assets in excess of their tax basis at year-end |
86,500 | |
| Warranty expense reported on the income statement | 26,450 | |
| Actual warranty expenditures in 2018 | 16,300 | |
Fidelity's income tax rate is 40%. At January 1, 2018, Fidelity's
records indicated balances of zero and $12,240 in its deferred tax
asset and deferred tax liability accounts, respectively.
Required:
1. Determine the amounts necessary to record
income taxes for 2018 and prepare the appropriate journal
entry.
2. What is Fidelity’s 2018 net income?
In: Accounting
Corsouth Mortgage Associates is a large home mortgage firm in
the Southeast. It has a pool
of permanent and temporary computer operators who process mortgage
accounts, including
posting payments and updating escrow accounts for insurance and
taxes. A permanent operator
can process 220 accounts per day, and a temporary operator can
process 140 accounts per day.
On average, the firm must process and update at least 6,300
accounts daily. The company has
32 computer workstations available. Permanent and temporary
operators work 8 hours per day.A permanent operator averages about
0.4 error per day, whereas a temporary operator averages
0.9 error per day. The company wants to limit errors to 15 per day.
A permanent operator is paid
$120 per day, whereas a temporary operator is paid $75 per day.
Corsouth wants to determine the
number of permanent and temporary operators it needs to minimize
cost. Formulate and solve
an integer programming model for this problem and compare this
solution to the non-integer
solution.
In Problem 26, Corsouth Mortgage Associates is considering hiring
some hourly, part-time computer
operators in addition to its permanent and temporary operators. A
part-time operator can
process 12 accounts per hour, averages 0.16 error per hour, and is
paid $4.50 per hour. Corsouth
wants to know the number of permanent and temporary employees it
should use, plus the number
of part-time hours it should arrange for. Formulate and solve a
mixed integer model for this
problem.
Hello, I need this question solved before 7 pm, it would be grateful if you give the solution to this question like other questions,
In: Economics
Java Question
I have a Queue containing String type taking in a text file with an iterator.
I need to use ArrayList and HashMap for freqHowMany to get a frequency table in descending order by the highest frequency words in the text. Any help would be much appreciated and thanks!
final Iterator input = new Scanner(System.in).useDelimiter("(?U)[^\\p{Alpha}0-9']+");
final Queue queueFinal = new CircularFifoQueue<>(wordsLast);
while (input.hasNext()) {
final String queueWord = input.next();
if (queueWord.length() > minimumLength) {
queueFinal.add(queueWord); // the oldest item automatically gets evicted
}
System.out.println(queueFinal);
}
}
}
EXAMPLE:
Your program prints an updated word cloud for each sufficiently long word read from the standard input.
The program takes up to three positive command-line arguments:
Your program then reads a continuous stream of words, separated by whitespace or other non-word characters, from the standard input. (A word can have letters, numbers, or single quotes.) For each word read, your program prints to standard output, on a single line, a textual representation of the word cloud of the form
The idea is to connect this tool to a streaming data source, such as Twitter, or speech-to-text from a 24-hour news channel, and be able to tell from the word cloud in real time what the current "hot" topics are.
THANKS!
In: Computer Science
Write a 2- to 3-page paper (500 to 825 words), double-spaced, in APA format focused on designing an ICS/SCADA system, including a network diagram depicting the system components. Identify the major concepts, technologies, components, and security issues related to communications and data networks. Examine the architecture of a particular system and identify significant vulnerabilities, risks, and points at which specific security technologies/methods should be employed.
Instructions
First, choose an ICS/SCADA system to depict. This may be a real or fictitious system. If it is a real system, please include citations for the organization and system design. Then, present the following sections in your paper:
Introduction/System Organization: Describe the organization that owns the system. What is the name of the organization? How large is the organization? Where is the headquarters? Are there additional sites?
Components: Explain the components of the system and include the network diagram in this section.
Future Challenges: Examine the architecture of this system and identify significant vulnerabilities and risks. Be sure to document what you believe will be difficult to manage in terms of security for this system. [MO1.3, MO1.4, MO1.5]
Submit the paper to your mentor for grading.
Note:
This assignment corresponds to or addresses the following Cybersecurity Program outcomes for a bachelor of science degree:
Students apply cybersecurity design best practices and technologies to prevent and mitigate cyberattacks and vulnerabilities.
Students design, implement, and administer networks in a secure manner by integrating network defense technologies, monitoring tools, and measures.
Your work on this assignment should reflect your ability to:
Examine the architecture of a typical, complex system and identify significant vulnerabilities, risks, and points at which specific security technologies/methods should be employed. (System architecture)
Describe the fundamental concepts, technologies, components, and security issues related to communications and data networks. (Fundamental concepts, technologies, components, and security issues)
In: Computer Science
Using the following information based on expected sales to forecast the monthly cash collections, accounts receivable balance, monthly cash disbursements, net cash flows, and cash surplus / deficit at the end of each month in the third quarter of 2018 (July - September 2018). Do not allow your firm to have a cash balance below the minimum cash balance and only borrow what you need.
a. In June 2018 credit sales were $50,000.
b. The firm’s total sales in 2017 were $1,825,000. The firm's accounts receivable balance on December 31, 2016 was $45,000. The firm's accounts receivable balance on December 31, 2017 was $75,000.
c. Accounts payable are 50% of sales
d. Operating expenses are 15% of sales
e. The firm plans to purchase equipment in July costing $250,000.
f. Beginning Cash Balance = $25,000
g. Minimum Cash Balance = $5,000
h. Assume there is an annual interest rate of 18% on short term debt and that the firm starts with no short term borrowing.
i. Sales are expected to be $60,000 for July 2018, $400,000 for August 2018, and $100,000 for September 2018.
For this question i need to know: (explanations would be nice, sorry for posting more than one question, but they all go hand in hand)
Firm's Accounts
Receivable Turnover
Firm's Accounts Receivable Period
Firm's accounts receivable balance at the beginning of July
2018
Firm's total cash collections for the month of July 2018?
Firm's total cash collections for the month of August 2018?
Firm's total cash collections for the month of September
2018?
Firm's total cash disbursements for the month of July 2018?
Firm's total cash disbursements for the month of August 2018?
?Firm's total cash dispursements for the month of September
2018?
Firm's short term debt at the end of July 2018?
?Firm's short term debt at the end of August 2018?
Firm's short term debt at the end of September 2018?
In: Finance
Question 1
Supply= Qs=2000+230P
Demand= Qd=4050-260P
A. Draw Supply and Demand curve
B.Price and Quantity on Equilibrium point
C. Demand and supply elasticity
In: Economics
Describe how nurse work in indigenous community collaborating with multidisciplinary team using strength based approach to address health issues on obesity in Australia. Write 2000 words essay
In: Nursing
Describe how nurse work in indigenous community collaborating with multidisciplinary team using strength based approach to address health issues on obesity in Australia. Write 2000 words essay.
In: Nursing
Consider a firm with a short run Total Cost (TC) given by TC=2000 + 1000Q - 40Q2 + Q3 . What is the firms marginal cost? What is firm's shut down price?
In: Economics
ii. Analyze new monetary policy actions undertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to explain the actions for 2000-2010.
In: Economics