A comparative balance sheet and income statement for Eaton Company follow: Eaton Company Comparative Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash $ 42 $ 17 Accounts receivable 309 229 Inventory 156 195 Prepaid expenses 9 5 Total current assets 516 446 Property, plant, and equipment 534 454 Less accumulated depreciation 86 71 Net property, plant, and equipment 448 383 Long-term investments 27 33 Total assets $ 991 $ 862 Liabilities and Stockholders' equity Accounts payable $ 305 $ 225 Accrued liabilities 71 80 Income taxes payable 74 63 Total current liabilities 450 368 Bonds payable 198 172 Total liabilities 648 540 Common stock 207 228 Retained earnings 136 94 Total stockholders’ equity 343 322 Total liabilities and stockholders' equity $ 991 $ 862 Eaton Company Income Statement For the Year Ended December 31, 2011 Sales $ 752 Cost of goods sold 448 Gross margin 304 Selling and administrative expenses 221 Net operating income 83 Nonoperating items: Gain on sale of investments $ 7 Loss on sale of equipment (2) 5 Income before taxes 88 Income taxes 25 Net income $ 63 During 2011, Eaton sold some equipment for $19 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $6 when purchased several years ago. A cash dividend was paid during 2011 and the company, repurchased $21 of its own stock. Eaton did not retire any bonds during 2011. Required: 1. Using the indirect method, determine the net cash for operating activities for 2011. (Negative amount should be entered with a minus sign.) Net cash operating activities $ 2. Using the information in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for 2011. (Amounts to be deducted and negative

Lawrence Industries’ most recent annual dividend was $1.80 per share (D0 = $1.80). The company expects its dividend to grow at 8% annually for next 3 years, followed by a 4% constant annual growth rate in years 5 to infinity. Market data indicates a beta of 1.25 for Lord of Chips. The expected return on the market portfolio is 9%
You are required to;
(i) Calculate the required rate of return for Lawrence Industries’ shares using the CAPM assuming a risk-free rate of 5%. (1 Point)
(ii) What is the maximum price per share that Lawrence Industries should set for ordinary shares if the company have plan to make a new share issue? (4 Points)

(iii) If Lord of Chips’ shares are traded in the market at $38.50 what would be your recommendation to Lawrence Industries on their proposed share issue? Justify your answer. (1 Point)
(iv) 'The price of a financial asset in the market is depend on the degree of market efficiency'. Briefly explain the three level of market efficiency. (2 Points)

Benoit Company produces three products—A, B, and C. Data concerning the three products follow (per unit):

The company estimates that it can sell 800 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 5,000 pounds available each month.

What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,000 pounds of materials?

A social psychologist is interested in how optimism is related to life satisfaction. A sample of individuals categorized as optimistic were asked about past, present, and projected future satisfaction with their lives. Higher scores on the life satisfaction measure indicate more satisfaction. Below are the data. What can the psychologist conclude with α = 0.05?

Compute the corresponding effect size(s) and indicate magnitude(s).
η² =

Conduct Tukey's Post Hoc Test for the following comparisons:
1 vs. 3: difference =  
2 vs. 3: difference =  

f) Conduct Scheffe's Post Hoc Test for the following comparisons:
1 vs. 2: test statistic =   
2 vs. 3: test statistic =     

A social psychologist is interested in how optimism is related to life satisfaction. A sample of individuals categorized as optimistic were asked about past, present, and projected future satisfaction with their lives. Higher scores on the life satisfaction measure indicate more satisfaction. Below are the data. What can the psychologist conclude with α = 0.05?

Compute the corresponding effect size(s) and indicate magnitude(s).
η² =  

Conduct Tukey's Post Hoc Test for the following comparisons:
1 vs. 3: difference =   
2 vs. 3: difference =   

f) Conduct Scheffe's Post Hoc Test for the following comparisons:
1 vs. 2: test statistic =   
2 vs. 3: test statistic =  

1. Dr. Godwin decides to open a real estate company which he names, Comfort Realty, Inc. The following transactions were made over the period:

1. On September 1, 2018, Dr. Godwin invested $15,000 cash in the business
2. On September 3, 2018, Comfort Realty purchases computer equipment for $7,000 cash.
3. On September 4, 2018, Comfort realty purchases for $1,600 from ACME supply company computer paper and other supplies exacted to last several months. ACME agrees to allow Comfort Realty to pay this bill in October
4. On September 10, 2018, Comfort realty receives $1,200 cash from customers for rental services it has provided
5. September 11, 2018, Comfort realty receives a bill for $250 from the daily News for advertising but postpones payment until a later date
6. September 12, 2018, Comfort realty provides $3,500 real estate services for customers. The company receives cash of $1,500 from customers, and it bills the balance of $2,000 on account
7. September 23, 2018, Comfort realty pays its $250 Daily News bill in cash
8. September 28, Comfort realty receives $600 in cash from customers who had been billed for services (item vi)
9. September 29, 2018, Dr. Godwin withdrawals $1,300 in cash from the business for a friend.
10. On September 30, 2018, Comfort Realty pays the following expenses in cash for September: store rent $600, salaries of employees $900, and utilities $200

            As the accountant of the company, you have been asked to do the following:

1. Prepare a summary of transaction. You are to show their effects on the three components of the basic balance sheet accounting equation and specific items within each component
2. Present the income statement, owners’ equity statement, and the balance sheet for the month ended September 30, 2018

1. Dr. Williams decides to open a real estate company which he names, Comfort Realty, Inc. The following transactions were made over the period:

1. On September 1, 2018, Dr. Godwin invested $17,000 cash in the business
2. On September 3, 2018, Comfort Realty purchases computer equipment for $8,000 cash.
3. On September 4, 2018, Comfort realty purchases for $1,600 from ACME supply company computer paper and other supplies exacted to last several months. ACME agrees to allow Comfort Realty to pay this bill in October
4. On September 10, 2018, Comfort realty receives $3,200 cash from customers for rental services it has provided
5. September 11, 2018, Comfort realty receives a bill for $250 from the daily News for advertising but postpones payment until a later date
6. September 12, 2018, Comfort realty provides $3,500 real estate services for customers. The company receives cash of $1,500 from customers, and it bills the balance of $2,000 on account
7. September 23, 2018, Comfort realty pays its $850 Daily News bill in cash
8. September 28, Comfort realty receives $600 in cash from customers who had been billed for services (item vi)
9. September 29, 2018, Dr. Godwin withdrawals $1,600 in cash from the business for a friend.
10. On September 30, 2018, Comfort Realty pays the following expenses in cash for September: store rent $900, salaries of employees $900, and utilities $900

            As the accountant of the company, you have been asked to do the following:

1. Prepare a summary of transaction. You are to show their effects on the three components of the basic balance sheet accounting equation and specific items within each component
2. Present the income statement, owners’ equity statement, and the balance sheet for the month ended September 30, 2018

Prepare closing entries for the below, is my question.

Transactions for Blackberry Mountain Inc for the month of January is as follows:

1 Company issued common stock for $21,000 2a Supplies are purchased for $3,000.

2b Insurance is paid for 6 months beginning January 1: $5,400 (record as an asset)

2c Rent is paid for 3 months beginning in January: $4,500 (record as an asset)

3 Blackberry Mountain Inc borrows $45,000 from 1st State Bank at 12% annual interest.

6 An equipment is purchased for $22,500 cash. It will be used for 3 years and will be depreciated monthly using straight-line depreciation with no salvage value. A full month of depreciation will be charged in January.

9 Services are performed for customers on account. Invoices totaling $9,800 are mailed.

10 Services are performed for cash customers: $7,600.

15 Blackberry Mountain Inc borrows $16,000 from 2nd State Bank at 9% annual interest.

16 Wages for the first half of the month are paid on January 16: $4,200

20 The company receives $3,000 from a customer for an advance order for services to be provided in January and February.

25 Collections from customers on account (see January 9 transaction): $4,500.

30 A $3,100 utility bill for January arrived. It is due on February 15.

Additional information for the adjusting entries at January 31:

a. The company completed 60% of the deliveries for the customer that paid in advance on January 20th.

b. Interest is accrued for the two bank loans (assume a full month for the 1st State Bank loan and ½ month for the 2nd State Bank loan).

c. The last 2 weeks wages earned by employees are $4,200 and will be paid on February 3rd.

d. Record January depreciation.

e. Adjust the prepaid asset accounts as needed.

schneider Company, a growing mail-order clothing and accessory company, is concerned about its growing MSDA expenses. It, therefore, examined its customer ordering patterns for the past year and identified four different types of customers, as illustrated in the following table.

Schneider sends catalogs and flyers to all its customers several times a year. Orders are taken by mail or over the phone. Schneider maintains a toll-free number for customers to use when placing orders over the phone. Schneider prides itself on the personal attention it provides shoppers who order over the phone. All purchases are paid for by check or credit card. Schneider has a very generous return policy if customers are not satisfied with the merchandise received. Customers must pay return shipping charges, but their purchase price is then fully refunded.

Prices are set so that cost of goods sold is on average about 75% of the sales price. Customers pay actual shipping charges, but extra processing is required for overnight deliveries. Schneider has developed the following activity cost driver rates for its support costs:

Requirements

(a) Using activity-based costing, determine the yearly profit associated with each of the four customers described.

(b) Comment on which customers are most profitable and why.

(c) What advice do you have for Schneider regarding managing customer relationships with the different types of customers represented?

Requirement (a) Using activity-based costing, determine the yearly profit associated with each of the four customers described. (Enter a "0" for any zero amounts. Use parentheses or a minus sign for loss amounts or percentages. Round dollar amounts to the nearest dollar and round the gross profit (% of sales) to the nearest whole percent, X%.)

Select an e-commerce company of your choice & based on the information you found on their website, briefly

0. Describe their business model

1. Identify their customer value proposition

2. Identify its revenue model

3. Identify their main competitors

4. Identify their market strategy

Ecommerce Website: flipkart.com