1.Starbucks provides initial consulting services to its licensees and rights to operate a Starbucks store. These are distinct performance obligations. Starbucks satisfies the consulting obligation and receives the initial fee once the initial consulting services are substantially performed. Starbucks receives royalty revenue based on a percentage of product sales of the licensee. How are these revenue streams recognized?

Calculate and graph the profit maximizing price and quantity in output markets (monopoly)

ACME Electricity provides electricity service in a rural community as a monopolist with no competitors.

The following Table 1 shows price per unit and total costs associated with various amounts of electricity (in 100 kilowatts blocks) in the short-run:

Table 1:

Step 1

Using the information in Table 1, create a separate table that includes calculations of the following for each quantity of electricity (in 100 kilowatt blocks): Total Revenue, Marginal Revenue, Total Cost, Marginal Cost, Average Total Cost, and Profit.

The table can be computer-generated or created by hand. Be sure to appropriately label the table so the various costs, revenues, and profit can be identified. Round off to two decimal places for the dollar values.

Step 2

Using Table 1 and the table you created in Step 1 for this section, create one graph that contains the following curves: Marginal Revenue, Demand, Average Revenue, Marginal Cost, and Average Total Cost.

Label the vertical axis “Price, Revenue, and Cost (in dollars)” and the horizontal axis “Quantity of Electricity (in 100 kilowatt blocks)”. Label each of the five curves on the graph. The graph can be computer-generated or created by hand. Indicate the profit maximizing quantity and price in this graph. Indicate the amount of profit earned by the company at the profit maximizing quantity by shading the relevant area on the graph.

The trial balance of Johnson Travel at December 31,2005 follows;along with the data for the month end adjustments.

DEBİT CREDIT

Cash 1300

A/R 6600

Supplies 2300

Prepaid rent 1600

Furniture 36000

Accumulated depreciation(furniture) 4800

A/P 4500

Unearned service revenue 600

Capital 26000

Withdrawals 29000

Service Revenue 106000

Deprecation expense 2300

Salary Expense 39900

Rent expense 20000

Supplies expense 2900

TOTAL 141900 141900

Questions: What adjusting entry will Johson make on this transaction ?

a) Depreciation on furniture for the month.The estimated useful life of the furniture is 5 years.

b)On December 1,the bussiness moved into a new office and paid the first 5 months rent as advance.Prepaid rent expense during the month.

c)Service Revenue of 300 dollars were earned during the month from the service performed for clients who had paid in advance.

d)The salary expense is 245 dollars per day-and the business pays employees every Friday(weekly payroll is from Monday to Friday).This year December 31 falls on a Monday.

e)Supplies on hand at Dec 31 1400 dollars.

1- What is Total Expense ?

2-Total Liabilities ?

3-The A/P in the Adjusted Trial Balance is ?

4-The total debit or credit amount in the Adjusted Trial Balance ?

5-Which of the following is the closing entry for withdrawals on Dec 31 ?

6-Which of the following is closing entry for revenue on Dec 31 ?

7- The next capital balance in the post closing trial balance is ?

8-How much is the Debit/Credit amount in the Post-closing trial balance ?

9-How much is the revenue balance in the post closing trial balance ?

10-The current assets in the classified balance sheet is ?

11-The total assets is ?

Camera Products Inc. produces two different products with the following monthly data for July:

If the sales mix shifts to 85 percent cameras and 15 percent tripods, what happens to the break-even point in units?

Brevard Company makes a single product. The company has monthly fixed costs totaling $250,000 and variable costs of $20 per unit. Each unit of product is sold for $35. Brevard expects to sell 25,000 units each month.

What would be the operating profit if the unit sales price increases 10 percent?

Group of answer choices

$462,500

$212,500

$412,500

$362,500

The following segmented annual income statement is for Action Batteries, Inc.

The following segmented annual income statement is for Action Batteries, Inc.

If allocated fixed costs are based on sales revenue for each product line as a proportion of total sales revenue, what is the total profit or (loss) for all product lines?

Group of answer choices

$117,000

$72,000

$252,000

$500,000

If allocated fixed costs are based on sales revenue for each product line as a proportion of total sales revenue, what is the profit or (loss) for D-Cells?

Group of answer choices

$88,000

$70,000

$43,000

$52,000

Using techniques from an earlier section, we can find a confidence interval for μ_d. Consider a random sample of n matched data pairs A, B. Let d = B − A be a random variable representing the difference between the values in a matched data pair. Compute the sample mean

d

of the differences and the sample standard deviation s_d. If d has a normal distribution or is mound-shaped, or if n ≥ 30, then a confidence interval for μ_d is as follows.

d − E < μ_d < d + E

where E = t_c

c = confidence level (0 < c < 1)

t_c = critical value for confidence level c and d.f. = n − 1

(a) Using the data above, find a 95% confidence interval for the mean difference between percentage increase in company revenue and percentage increase in CEO salary. (Round your answers to two decimal places.)

(b) Use the confidence interval method of hypothesis testing to test the hypothesis that population mean percentage increase in company revenue is different from that of CEO salary. Use a 5% level of significance.

Since μ_d = 0 from the null hypothesis is in the 95% confidence interval, reject H₀ at the 5% level of significance. The data do not indicate a difference in population mean percentage increases between company revenue and CEO salaries.Since μ_d = 0 from the null hypothesis is not in the 95% confidence interval, do not reject H₀ at the 5% level of significance. The data indicate a difference in population mean percentage increases between company revenue and CEO salaries.    Since μ_d = 0 from the null hypothesis is in the 95% confidence interval, do not reject H₀ at the 5% level of significance. The data do not indicate a difference in population mean percentage increases between company revenue and CEO salaries.Since μ_d = 0 from the null hypothesis is not in the 95% confidence interval, reject H₀ at the 5% level of significance. The data indicate a difference in population mean percentage increases between company revenue and CEO salaries.

1. On the “AJE” worksheet, prepare the adjusting journal entries in good form for the following items. Identify each entry by letter in Column B. Round all answers to the nearest dollar. You may omit explanations. Leave a blank row between each journal entry. All the accounts you need are given on the worksheet. Use only these accounts. Prepare journal entries and financial statements for the year ended December 31, 2017. No adjusting entries have been made since December 31, 2016. Do not use "Cash" account only one balance sheet account and one income statement account.

d. Store supplies totaling $14,800 were purchased during the year and were immediately expensed. A physical count of the store supplies on hand December 31, 2017, indicates a balance of $2,100.

The entry im asking you to make IS the adjusting entry.

This is the only other information i have!

It is now 30 June and our business is preparing adjustments via a worksheet.

Complete the following adjustments in the worksheet using the number next to each adjustment

as the ref (if no adjustment is necessary enter "0" in the relevant box).

All answers are numbers which consist only of the digits 0 to 9. Symbols or punctuation marks

should NOT be incorporated in answers.

Then determine whether owners equity will increase or decrease.

1 Prepaid 12,000 for annual insurance policy on 1 April. Adjustments have been done for April and May.

2 Earned 2,000 of Subscriptions Revenue which had already being paid for by the client.

3 Work in Progress (for Services) is calculated to be 3,000. (Use accrued revenue).

4 Office Supplies were counted on 30 June. They totalled 4,000.

5 Interest on Note Payable is 500. This is payable in July.

For this exercise, we assume that there are no taxes and financial markets are perfect. The ideal bank's interest rate (EAR) is 8% per year for all maturities. Company X owns one apartment building and has no other assets. Company X is 100% equity-financed;_ its revenue comes entirely from rental revenue of apartments it owns. We also assume that there are no cash costs, no depreciations, no investments, no working capital, therefore we have: rental revenue=EBIT=net income=free cash flow. Company X's rental revenue each year is random variable, whose distribution is as follows: 45 mio with 10% probability, 10 mio with 40% probability, 3 mio with 50% probability. The expected rental revenue is 10 mio. The distribution of rental revenue is assumed to be the same for every year in the future. In other words, Company expects to make 10 mio free cash flow per year forever.

a. Assume that the cost of capital for the unlevered equity is 13.333%, calculate .the value of the unlevered equity;
b. At the end of year 0, Company X borrows 15 mio dollars of perpetual debt with 8% interest rate, and pays 15 mio dollars as special diVidends. After the dividends and with 15 mio of debt, what is the value of the levered equity at the end of year 0? What is the cost of capital of the levered equity? Write down the expected· cash flow of the levered equity in Y1, Y2, Y3 andY 4.
c. Now, at the end of year 0, Company X has made the following announcement: it will borrow an additional amount of · 12.5 of perpetual debt at the end of the year 2 and will use the proceeds of the debt to pay a special dividend of the same amount to equity holders at the end of year 2. So after Y2, the total debt will be 2 7.5 mio. Assume that the debt cost is still 8%. Write down the expected cash flow of the levered equity in Y1, Y2, Y3, Y4. What is the cost of capital of the levered equity in Y1, Y2? What is the cost of capital of the levered equity after Y2? Can you find the value of the levered equity at end of YO by directly discounting all the future expected cash flows to the levered equity by appropriated discount rates?