Questions
Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are...

Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are in thousands of dollars.

Accounts Payable $ 520,100
Accounts Receivable 462,000
Advertising Expense 80,500
Cash (January 1, 2016) 665,100
Cash (October 1, 2016) 679,170
Common Stock 834,200
Equipment 256,100
Office Expenses 114,600
Income Tax Expense 19,000
Interest Expense 3,300
Inventories 215,700
Notes Payable 54,400
Operating Expenses 263,800
Retained Earnings (January 1, 2016) 261,000
Sales Revenue 511,570
Supplies 87,100
Other cash flow information:
Cash received from issuing common stock $ 39,470
Cash paid to purchase equipment 67,500
Cash paid to suppliers and employees 489,400
Cash received from customers 530,700
Cash received from sale of long-term assets 800
Dividends paid to stockholders 0
  1. Prepare a statement of cash flows for the nine months ended October 1, 2016. (Cash outflows should be entered as negative amounts. Enter your answers in thousands.)

In: Accounting

MBA_Salary table contains the annual salaries, in thousands of dollars, earned by individuals who graduated with...

MBA_Salary table contains the annual salaries, in thousands of dollars, earned by individuals who graduated with MBAs in 2015 and 2016 from a certain business school in Canada. We would like to determine whether the distribution of salaries for 2015 MBA graduates is higher than for 2016 MBA graduates. a) Create a boxplot and compare the distribution of salaries for 2015 and 2016 graduates. b) Perform the appropriate non-parametric test at a 5% significance level to determine whether the salary for 2015 graduates is higher than for 2016 graduates. State the hypotheses clearly and show your manual calculation for all the relevant steps in the test. c) Use Excel to perform the appropriate non-parametric test in part (b). How does the result from Excel compare with your conclusion in part (b).

2015 Graduates ($) 2016 Graduates ($)
64.9 59.4
48 74.8
62.5 55
58.5 34.2
56.5 68
98.1 78.8
36.6 53.9
55.5 40.6
70.7 64.6
52.9 44.4
41.6 87.8
82.7 67.4
96.8 46.8
46.9 49.3
36.2

In: Statistics and Probability

Swann Company sold a delivery truck on April 1, 2016. Swann had acquired the truck on...

Swann Company sold a delivery truck on April 1, 2016. Swann had acquired the truck on January 1, 2012, for $44,000. At acquisition, Swann had estimated that the truck would have an estimated life of 5 years and a residual value of $3,000. At December 31, 2015, the truck had a book value of $11,200. Required: 1. Prepare any necessary journal entries to record the sale of the truck, assuming it sold for: a. $10,600 b. $7,600 2. How should the gain or loss on disposal be reported on the income statement? 3. Assume that Swann uses IFRS and sold the truck for $10,600. In addition, Swann had previously recorded a revaluation surplus related to this machine of $5,000. What journal entries are required to record the sale?

Prepare the necessary journal entries on April 1, 2016 to record:

1. depreciation expense of the delivery truck for 2016
2.

the sale of the truck, assuming it sold for $10,600

Prepare the necessary journal entries on April 1, 2016 to record:

1. depreciation expense of the delivery truck for 2016
2. the sale of the truck, assuming it sold for $7,600

In: Accounting

Garlington Technologies Inc 2016 financial statements are shown below: Balance Sheet as of December 31, 2016...

Garlington Technologies Inc 2016 financial statements are shown below:

Balance Sheet as of December 31, 2016
Cash $180000
Receivables 360000
Inventories 720000
Total current assets 1260000
Fixed Assets 1440000
Accounts Payable $360000
Notes Payable 156000
Line of Credit 0
Accruals 180000
Total current liabilities 696000
Common stock 1800000
Retained earnings 204000
Total liabilities and equity 2700000

Income Statement for December 31, 2016
Sales $3600000
Operating costs 3279720
EBIT $320280
Interest 18280
Pre tax earnings $302000
Taxes 40% 120800
Net Income 181200
Dividends $108000

Suppose that in 2017 sales increase by 15% over 2016 sales and that 2017 dividends will increase to $198000. Forecast the financial statements using the forecasted financial statement method. Assume the firm operated at full capacity in 2016. Use an interest rate of 11% and assume that any new debt will be added at the end of the year. Cash does not earn any interest incime. Assume that the all new debt will be in the form of a line of credit.


In: Finance

Question to answer after EXPERIMENT OF SPECTROPHOTOMETRIC DETERMINATION OF TRACE Fe Principles The purpose of this...

Question to answer after EXPERIMENT OF SPECTROPHOTOMETRIC DETERMINATION OF TRACE Fe

Principles The purpose of this experiment is to determine the concentration of iron present as a trace constituent (ppm) in an aqueous sample by a spectrophotometric method. One of the most sensitive methods for the determination of iron involves the formation of the orange-red iron (II) orthophenanthroline complex. This complex has an absorption maximum at 508 nm, is stable over a long period of time, and follows Beer's Law quite faithfully.

The chemistry involved is straightforward. Hydroxylamine hydrochloride is used to reduce all Fe3+ present to Fe2+. Since orthophenanthroline (abbreviated as phen) is a weak base and an acid medium must be used in order to prevent precipitation of the iron as Fe(OH)2, the principal complexing species is the phenanthrolium ion (phenH+ ). The complex formation reaction:

Fe2+ + 3phenH+  Fe(phen)3 2+ + 3H+

has an equilibrium constant of 2.5 x 106 , so complex formation may be considered quantitative. Although pH control is not essential, too high of an H+ concentration (pH<2) can inhibit formation of the complex, while too high of a pH can cause the loss of iron by precipitation. Thus, the solution is buffered to be to about a pH of 3.5.

Since the system obeys Beer's Law, above, a plot of absorbance at 508 nm versus iron concentration yields a straight line. Thus, one can prepare a set of standard solutions of known concentrations, establish a straight line, and prepare the unknown solution in exactly the same way. If the absorbance of the unknown solution is measured, the unknown concentration may be determined from the analytical curve generated with the standard solutions.

Questions:

1. The ferrous ammonium sulfate used as a standard in this experiment is not of primary standard quality, yet you were not instructed to standardize this reagent 81 before use. Why is it not necessary to standardize this analytical reagent before use in this experiment? Explain.

2. Describe two reasons why deviations to Beer's Law (i.e. nonlinearity) can occur.

3. The sensitivity of spectrophotometric methods can greatly exceed sensitivities attainable with classical wet chemical methods. How do the Fe concentrations analyzed in this spectrophotometric experiment compare with the Fe concentrations used in the redox titration experiment? Be quantitative!

In: Chemistry

In an ADC, assume that Vref is connected to 2.3 V. Find the following. Assume an...

In an ADC, assume that Vref is connected to 2.3 V. Find the following. Assume an 9-bit option.

a-) Step Size = Answer mV (answer must have 3 digits after the decimal point, rounded).

b-) D8..D0 values if Vin = 1.39V Answer (answer should be rounded and then converted)

c-) D8..D0 values if Vin = 2.17V Answer (answer should be rounded and then converted)

d-) Vin if D8..D0 values are 001010101 => Answer V (answer must have 3 digits after the decimal point, rounded).

e-) Vin if D8..D0 values are 111011011 => Answer V (answer must have 3 digits after the decimal point, rounded).

In: Electrical Engineering

Using a light source with a power density of 500 W / m2 for a PV...

Using a light source with a power density of 500 W / m2 for a PV module with a surface area of 0.92 m2, the measured values at the Tcell = 55 ˚C are given as follows.
 The current and voltage value corresponding to the maximum power point is Vmpp = 30 V and Impp = 1.45.
 The open circuit voltage is Voc 38 V and the short circuit current is Isc 1.70.
 The temperature coefficient for this module Voc is 0.16 V / ° C (ignore for Isc).
According to this, calculate the following.
a) What is the efficiency of this module for the specified measurement conditions?
b) Calculate the Voc, Isc, Vm, Im, and Pmax values for this module in standard test measurement conditions (STC).
c) What is the efficiency of the module in STC?

In: Physics

(a) Find the equilibrium solution, or critical point, of the given system. (b) Use a computer...

(a) Find the equilibrium solution, or critical point, of the given system.

(b) Use a computer to draw a direction field and phase portrait centered at the critical point.

(c) Describe how solutions of the system behave in the vicinity of the critical point.

x′ =−0.25x−0.75y+8, y′ =0.5x+y−11.5

(d) Let x= xc+u and y= yc+v, where xc and yc give the critical point you found in (a). Plug these into the system and show that you obtain a homogeneous system u′ = Au for u = (u v)T .

(e) Solve the resulting homogeneous system for u and v, and show that the solutions you obtain match the phase portrait that you generated in (b).

In: Advanced Math

A ballistic pendulum consists of a large heavy mass, M on the end of a very...

A ballistic pendulum consists of a large heavy mass, M on the end of a very light rod of length L. The rod is free to pivot at the top and the mass is attached at the bottom, so it hangs like a pendulum. A second mass, m, is fired horizontally at speed v straight into the large mass, and they stick together. The pendulum swings to a maximum angle ?m.

a)Show that you can measure v by measuring ?m, that is obtain an expression for v in terms of M, m, L, g and ? m.

b)Look up the mass and speed of a bullet, and figure out how mass

ive M should be if L is about 0.25 m and we want a maximum angular displacement no greater than 45?.

In: Physics

We have to calculate the value of Power of an electric DC motor IN WATTS made...

We have to calculate the value of Power of an electric DC motor IN WATTS made from scratch. The only known values that we have are: The Voltage (V) which is 9V and the current (I) that we are using which is 3 A, also the value of "n" which is n= 90.16 m (the number of turns of the wire used in the motor)

I already asked here for this problem and someone answered this:

Voltage = 9 V, current = 3 A, number of turns = n = 90.16

Power of motor = n*V*I = 90.16*9*3=2434.32 Watt

But I don’t think this is correct since the motor has power in and power out. Can someone else help? Thank you!

In: Physics