Questions
Assignment Examine the Main and Address classes. You are going to add two classes derived from...

Assignment

Examine the Main and Address classes. You are going to add two classes derived from Address: BusinessAddress and PersonAddress.

Create BusinessAddress class

  1. Select package home and create a new Java class called BusinessAddress
  2. Make the class extend the Address class
  3. Add two private String fields businessName and address2
  4. Generate constructor and all getters and setters
  5. Add a printLabel() method

The printLabel method should print (using System.out.println())

First line – the businessName field

Second line – the address2 field if it is not null or empty

Third line – the StreetAddress field if it is not null or empty

Fourth line – city field followed by a comma and space, the state field followed by two spaces, and the zip field

Create PersonAddress class

  1. Select package home and create a new Java class called PersonAddress
  2. Make the class extend the Address class
  3. Add a private String field personName
  4. Generate constructor and all getters and setters
  5. Add a printLabel() method

The printLabel method should print (using System.out.println())

First line – the personName field

Second line – the StreetAddress field

Third line – city field followed by a comma and space, the state field followed by two spaces, and the zip field

Modify Main class

Add the following three BusinessAddress objects to the list.

BusinessName

Address2

StreetAddress

City

State

Zip

Columbus State

Eibling 302B

550 East Spring St.

Columbus

OH

43215

AEP

P.O. Box 2075

null

Columbus

OH

43201

Bill’s Coffee

null

2079 N. Main St.

Columbus

OH

43227

Add the following three PersonAddress objects to the list.

PersonName

StreetAddress

City

State

Zip

Saul Goodman

1200 N. Fourth St.

Worthington

OH

43217

Mike Ehrmentraut

207 Main St.

Reynoldsburg

OH

43211

Gustavo Fring

2091 Elm St.

Pickerington

OH

43191

Example Output

Columbus State

Eibling 302B

550 East Spring St.

Columbus, OH 43215

====================

AEP

P.O. Box 2075

Columbus, OH 43201

====================

Bill's Coffee

2079 N. Main St.

Columbus, OH 43227

====================

Saul Goodman

1200 N. Fourth St.

Worthington, OH 43217

====================

Mike Ehrmentraut

207 Main St.

Reynoldsburg, OH 43211

====================

Gustavo Fring

2091 Elm St.

Pickerington, OH 43191

====================

My code

package home;

public class Main {

    public static void main(String[] args) {
       Address[] addressList = new Address[6];

       // TODO Add 3 person addresses to list
        addressList[3] = new PersonAddress("1200 N. Fourth St.","Worthington","OH","43217","Saul Goodman");
        addressList[4] = new PersonAddress("207 Main St.","Reynoldsburg","OH","43217","Mike Ehrmentraut");
        addressList[5] = new PersonAddress("2091 Elm St.","Pickerington","OH","43191","Gustavo Fring");

        // TODO Add 3 business address to list
        addressList[0] = new BusinessAddress("550 East Spring St.","Columbus","OH","43215","Columbus State","Eibling 302B");
        addressList[1] = new BusinessAddress(null,"Columbus","OH","43201","AEP","P.O. Box 2075");
        addressList[2] = new BusinessAddress("2079 N. Main St.","Columbus","OH","43227","Bill’s Coffee",null);

       for (Address address : addressList) {
           address.printLabel();
            System.out.println("====================");
        }
    }
}
package home;

public class BusinessAddress extends Address {
    // two private String fields businessName and address2
    private String businessName;
    private String address2;
    //Constructor

    public BusinessAddress(String streetAddress, String city, String state, String zip, String businessName, String address2) {
        super(streetAddress, city, state, zip);
        this.businessName = businessName;
        this.address2 = address2;
    }

    //getters and setters

    public String getBusinessName() {
        return businessName;
    }

    public void setBusinessName(String businessName) {
        this.businessName = businessName;
    }

    public String getAddress2() {
        return address2;
    }

    public void setAddress2(String address2) {
        this.address2 = address2;
    }

    @Override
    public void printLabel() {
        String result ="";
        if(address2==null)
            result = businessName+"\n"+super.toString();
        else
            result = businessName+"\n"+address2+"\n"+super.toString();
        System.out.println(result);
    }
}

}
package home;

public class PersonAddress extends Address {
    private String  personName;

    //Constructor

    public PersonAddress(String streetAddress, String city, String state, String zip, String personName) {
        super(streetAddress, city, state, zip);
        this.personName = personName;
    }

    //getter and setter

    public String getPersonName() {
        return personName;
    }

    public void setPersonName(String personName) {
        this.personName = personName;
    }

    @Override
    public void printLabel() {
        System.out.println(personName+"\n"+super.toString());
    }
}
package home;

public abstract class Address {
    private String streetAddress;
    private String city;
    private String state;
    private String zip;

    public Address(String streetAddress, String city, String state, String zip) {
        this.streetAddress = streetAddress;
        this.city = city;
        this.state = state;
        this.zip = zip;
    }

    public String getStreetAddress() {
        return streetAddress;
    }

    public void setStreetAddress(String streetAddress) {
        this.streetAddress = streetAddress;
    }

    public String getCity() {
        return city;
    }

    public void setCity(String city) {
        this.city = city;
    }

    public String getState() {
        return state;
    }

    public void setState(String state) {
        this.state = state;
    }

    public String getZip() {
        return zip;
    }

    public void setZip(String zip) {
        this.zip = zip;
    }

    public String toString() {
        return streetAddress + "\n" +
                city + ", " + state + "  " + zip + "\n";
    }

    public abstract void printLabel();
}

In: Computer Science

Please take the company Apple Inc. and perform a Financial Analysis using the available data for the most recent fiscal year (i.e. 12/31/17) and compare that year to the previous fiscal year (i.e. 12/31/16).

 

Financial Statement Interpretation

Please take the company Apple Inc. and perform a Financial Analysis using the available data for the most recent fiscal year (i.e. 12/31/17) and compare that year to the previous fiscal year (i.e. 12/31/16).

Your analysis should include at least one analytical equation from each of the five sections of Financial Analysis which are listed below:

· Liquidity

· Asset Management

· Debt Management

· Profitability

· Market Value

In your analysis should include the following interpretations:

1. Has the firm improved its’ performance from the previous year?

2. Is the firm managed efficiency?

3. As a potential investor would you consider this a stock you would purchase?

In: Finance

This cost data from Hickory Furniture is for the year 2017.

This cost data from Hickory Furniture is for the year 2017.         
  Month   Invoices Processed   Overtime Wages
  January   12000    $7,760 
  February   8000    $6,800 
  March   1000    $6,000 
  April   7000    $6,100 
  May   5000    $6,200 
  June   10000    $7,300 
  July   11000    $7,400 
  August   9000    $6,900 
  September   5000    $6,500 
  October   9000    $6,600 
  November   8000    $6,800 
  December   11000    $7,450 
         
A. Using the high-low method, express the factory utility expenses as an equation where x represents number of chairs produced.        
B. Predict the utility costs if 900 chairs are produced.         
C. Predict the utility costs if 750 chairs are produced.         
D. Using Excel, create a scatter graph of the cost data and explain the relationship between number of chairs processed and utility expenses.

In: Accounting

The projected balance of inventories at the end of the first year of operations is?

A family friend, Mr. Burn Out availed of the early retirement scheme offered by his employer. He said that he was already tired of the same routine of spending eight full hours in an office doing the same thing for the last twenty years.

Mr. Burn Out plans to get into the field of entrepreneurship. He would invest part of his retirement pay in a business that would deal with the sale of medical supplies to local clinics and hospitals.

When Mr. Burn Out learned that you are an accountant, he confessed that he is excited with his planned investment project, but very much afraid because he cannot afford to fail and lose his hard-earned retirement pay. 

You advised that a Feasibility Study be prepared for his planned investment project. The study, you said, would determine the viability of his proposed business undertaking. it would cover key areas, such as marketing, production or purchasing, and finance, among others. You emphasized that the financial aspect is the most critical of them all. 

Mr. Burn Out requested you to prepare a feasibility study for his proposed business. You immediately started and gathered the following relevant data.

 1. Projected sales for the first year of operations are $288,000, spread evenly during the year. All sales will be on account with an average collection period of one month.

2. The cost ratio will be 60% of sales.

3. At the end of the first year, the acid-test ratio will be 1:1, while the current ratio will be 2:1.

4. Once the business is underway, purchases will replace the stock sold each month. The average payment period for accounts payable arising from the purchases of merchandise will be two (2) months.  

5. Mr. Burn Out will open an account with the nearest bank and deposit $260,000 to start the business. 

6. Various fixed assets will be acquired for cash at a total cost of $240,000. These fixed assets will be depreciated at the rate of 10% per year using the straight-line method. 

7. Operating expenses, other than depreciation, are estimated at $70,000 per year. There will be no accruals and prepayment at year-end.

8. Mr. Burn Out will make drawings in excess of the amount necessary to meet the above plans. 

 

Question: The projected balance of inventories at the end of the first year of operations is?

In: Accounting

What is the firm's current year gross profit margin?

Category Prior Year Current Year

Accounts payable ??? ???

Accounts receivable 320,715 397,400

Accruals 40,500 33,750

Additional paid in capital 500,000 541,650

Cash 17,500 47,500

Common Stock 94,000 105,000

COGS 328,500 428,048.00

Current portion long-term debt 33,750 35,000

Depreciation expense 54,000 54,731.00

Interest expense 40,500 41,017.00

Inventories 279,000 288,000

Long-term debt 339,670.00 401,877.00

Net fixed assets 946,535 999,000

Notes payable 148,500 162,000

Operating expenses (excl. depr.) 126,000 161,905.00

Retained earnings 306,000 342,000

Sales 639,000 850,323.00

Taxes 24,750 48,686.00

What is the firm's current year gross profit margin?


In: Finance

A stock is expected to pay a dividend of $0.71 at the end of the year....

A stock is expected to pay a dividend of $0.71 at the end of the year. The dividend is expected to grow at a constant rate of 7.9%. The required rate of return is 12.3%. What is the stock's current price?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

In: Finance

A stock is expected to pay a dividend of $1.06 at the end of the year....

A stock is expected to pay a dividend of $1.06 at the end of the year. The dividend is expected to grow at a constant rate of 7.7%. The required rate of return is 10.3%. What is the stock's current price?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

In: Finance

During their first year of operations, the partnership earned $140,000.

E12-16 Allocating profits and losses to the partners 


Polacco and Walsh have formed a partnership. During their first year of operations, the partnership earned $140,000. Their profit-and-loss-sharing agreement states that, first, each partner will receive 10% of their capital balances. The second level is based on services, with $25,000 to Polacco and $15,000 to Walsh. The remainder then will be shared 4:1 between Polacco and Walsh, respectively. 


Requirements

 1. Calculate the amount of income each partner will receive under their profit-and- loss-sharing agreement assuming Polacco's capital balance is $78,000 and Walsh's capital balance is $78,000.

 2. Journalize the entry to close the Income Summary account for the year

In: Accounting

Evergreen company financial year-end is December 31.

Evergreen company financial year-end is December 31. 

Beginning balance: 

Debit balance of 131: 33.000 (Customer Brox) 

Credit balance of 2293: 1.000 

During the year of Y, the following transactions related to receivables and cash occurred: (Unit: 1000 VND) 

1.Sold merchandise to Lennox Company for 11.000 (including 10% VAT) on credit.

2.Sold merchandise to Maddox Company for 88.000 (including 10% VAT) for cash in bank 

3.Received 50% of the invoice on 28 Feb from Lennox via bank transfer 4.Withdrawn 1.000 from bank checking account for cash on hand. 

5.Used cash on hand to pay for electricity expenses : 2.200 (including 10% VAT) 6.Buy goods of 10.000(excluding 10% VAT) on account. 

7.Fully paid for goods of transaction 6 by bank checking account 

8.Advanced to an employee for purchases of material: 2.000 

9.Offerred to Maddox 10% discount on selling amount in transaction 2 due to fault in the color of merchandise. 

10.At the year end, estimated that 1% of trade receivables might not be collected.

Required: a/Prepare the journal entries for these transaction. b/Present the information related to receivables in the statement of financial postion.

In: Accounting

Copy equipment was acquired at the beginning of the year at a cost of $56,000 that...

  1. Copy equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $8,000 and an estimated useful life of 5 years.   It is estimated that the machine has an estimated 1,000,000 copies.  This year 240,000 copies were made.  Determine the (a) depreciable cost, (b) depreciation rate, and (c) the units-of-production depreciation for the year.

In: Accounting