Choose a pivot using the median of 3 technique and show the result after 1 pass of quicksort (stop just before choosing a 2nd pivot) for the list [ 85, 40,60, 30, 55, 63, 70, 75 ,25]
In: Computer Science
You have been hired as an expert witness in a case involving an automobile accident. The accident involved car A of mass 1500 kg, which crashed into stationary car B of mass 1100 kg. The driver of car A applied his brakes 15 m before he skidded into car B. After the collision, car A slid 18 m while car B slid 30 m before coming to rest. The coefficient of kinetic friction between the locked wheels and the road is 0.50. Show that the driver of car A was exceeding the 55 mi/h (90 km/h) speed limit before applying the brakes.
In: Physics
1. Like most senses, the neurons that carry that carry the somatic sensations [touch, vibration, two-point discrimination, and proprioception] innervate the ________ as the last stop before reaching the cortex.
2. Like most senses, the neurons that carry that carry the somatic sensations [pain, temperature, and some remaining touch] innervate the ________ as the last stop before reaching the cortex.
3. However, neurons that carry [touch, vibration, two-point discrimination, and proprioception] information innervate the __________ before the thalamus, while neurons that carry the [pain, temperature, and some remaining touch] information pass through it, instead innervating directly to the thalamus after traversing the spinal cord.
In: Biology
Start with the partial model in the file attached. Marvel Pence, CEO of Marvel’s Renovations, a custom building and repair company, is preparing documentation for a line of credit request from his commercial banker. Among the required documents is a detailed sales forecast for parts of 2020 and 2021:
Sales Labor and Raw Materials
May, 2020 $75,000 $80,000
June, 2020 $115,000 $75,000
July, 2020 $145,000 $105,000
August, 2020 $125,000 $85,000
September, 2020 $120,000 $65,000
October, 2020 $95,000 $70,000
November, 2020 $75,000 $30,000
December, 2020 $55,000 $35,000
January, 2021 $45,000 N/A
c. If its customers began to pay late, this would slow down collections and thus increase the required loan amount. Also, if sales dropped off, this would have an effect on the required loan amount. Perform a sensitivity analysis that shows the effects of these two factors on the maximum loan requirement.
In: Accounting
Start with the partial model in the file attached. Marvel Pence, CEO of Marvel’s Renovations, a custom building and repair company, is preparing documentation for a line of credit request from his commercial banker. Among the required documents is a detailed sales forecast for parts of 2020 and 2021:
Sales Labor and Raw Materials
May, 2020 $75,000 $80,000
June, 2020 $115,000 $75,000
July, 2020 $145,000 $105,000
August, 2020 $125,000 $85,000
September, 2020 $120,000 $65,000
October, 2020 $95,000 $70,000
November, 2020 $75,000 $30,000
December, 2020 $55,000 $35,000
January, 2021 $45,000 N/A
c. If its customers began to pay late, this would slow down collections and thus increase the required loan amount. Also, if sales dropped off, this would have an effect on the required loan amount. Perform a sensitivity analysis that shows the effects of these two factors on the maximum loan requirement.
In: Accounting
You have been provided with the Balance Sheet and Income Statement for OSR Pty Ltd as at 30 June 2020 with 2019 comparatives to prepare an analysis for the performance of OSR Pty Ltd:
OSR Pty Ltd
Account Balance
As at 30 June
|
2020 |
2019 |
|
|
Assets |
$ |
$ |
|
Cash |
$30,000 |
$19,200 |
|
Accounts receivable |
$49,200 |
$44,100 |
|
Inventory |
$84,000 |
$82,800 |
|
Property, plant and equipment |
$312,000 |
$312,000 |
|
Total Assets |
$475,200 |
$458,100 |
|
Liabilities |
||
|
Accounts Payable |
$57,000 |
$67,200 |
|
Mortgage payable |
$120,000 |
$120,000 |
|
Total Liabilites |
$177,000 |
$187,200 |
|
Equity |
||
|
Share Capital – Ordinary |
$120,000 |
$120,000 |
|
Retained earnings |
$178,200 |
$150,900 |
|
Total Equity |
$298,200 |
$270,900 |
|
Income |
||
|
Net sales revenue |
$660,000 |
|
|
Total Income |
$660,000 |
|
|
Expenses |
||
|
Cost of sale |
$421,200 |
|
|
Selling and distribution |
$85,200 |
|
|
Administrative |
$59,640 |
|
|
Interest |
$18,720 |
|
|
Income Tax |
$22,896 |
|
|
Total expenses |
$607,656 |
|
Required: Calculate the following ratios for OSR Pty Ltd for 2020. Please show ALL your workings.
|
Ratio |
Express as |
||
|
1) Return on Assets |
Profit (before tax) + Interest Average Total Assets |
x% |
|
|
2) Return on Equity |
Profit (available to owners) Average Owner’s Equity |
x% |
|
|
3) Quick Ratio |
Current Assets – Inventory Current Liabilities |
x:1 |
|
|
4) Debt Ratio |
Total Liabilities Total Assets |
x% |
Question 12
d in the previous question explain how OSR Pty Ltd is performing.
In: Accounting
Question 8
The following information has been obtained for Concord Corporation.
| 1. | Prior to 2020, taxable income and pretax financial income were identical. | |
| 2. | Pretax financial income is $1,742,000 in 2020 and $1,496,000 in 2021. | |
| 3. | On January 1, 2020, equipment costing $1,256,000 is purchased. It is to be depreciated on a straight-line basis over 5 years for tax purposes and over 8 years for financial reporting purposes. (Hint: Use the half-year convention for tax purposes, as discussed in Appendix 11A.) | |
| 4. | Interest of $55,000 was earned on tax-exempt municipal obligations in 2021. | |
| 5. | Included in 2021 pretax financial income is a gain on discontinued operations of $183,000, which is fully taxable. | |
| 6. | The tax rate is 20% for all periods. | |
| 7. | Taxable income is expected in all future years. |
Prepare the journal entry to record 2021 income tax expense, income taxes payable, and deferred taxes. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Prepare the bottom portion of Concord’s 2021 income statement,
beginning with “Income from continuing operations before income
taxes.” (Enter negative amounts using either a negative
sign preceding the number e.g. -45 or parentheses e.g.
(45).)
Indicate how deferred income taxes should be presented on the
December 31, 2021, balance sheet.
In: Accounting
Question 8
The following information has been obtained for Concord
Corporation.
| 1. | Prior to 2020, taxable income and pretax financial income were identical. | |
| 2. | Pretax financial income is $1,742,000 in 2020 and $1,496,000 in 2021. | |
| 3. | On January 1, 2020, equipment costing $1,256,000 is purchased. It is to be depreciated on a straight-line basis over 5 years for tax purposes and over 8 years for financial reporting purposes. (Hint: Use the half-year convention for tax purposes, as discussed in Appendix 11A.) | |
| 4. | Interest of $55,000 was earned on tax-exempt municipal obligations in 2021. | |
| 5. | Included in 2021 pretax financial income is a gain on discontinued operations of $183,000, which is fully taxable. | |
| 6. | The tax rate is 20% for all periods. | |
| 7. | Taxable income is expected in all future years. |
Prepare the journal entry to record 2021 income tax expense, income taxes payable, and deferred taxes. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Prepare the bottom portion of Concord’s 2021 income statement,
beginning with “Income from continuing operations before income
taxes.” (Enter negative amounts using either a negative
sign preceding the number e.g. -45 or parentheses e.g.
(45).)
Indicate how deferred income taxes should be presented on the
December 31, 2021, balance sheet.
In: Accounting
|
Compute taxable income and income taxes payable for
2021.
Prepare the journal entry to record 2021 income tax expense, income
taxes payable, and deferred taxes. (Credit account titles are
automatically indented when amount is entered. Do not indent
manually. If no entry is required, select "No Entry" for the
account titles and enter 0 for the amounts.)
Prepare the bottom portion of Concord’s 2021 income
statement, beginning with “Income from continuing operations before
income taxes.” (Enter negative amounts using either a negative
sign preceding the number e.g. -45 or parentheses e.g.
(45).)
Indicate how deferred income taxes should be presented on the
December 31, 2021, balance sheet.
In: Accounting
Question 8
The following information has been obtained for Concord Corporation.
| 1. | Prior to 2020, taxable income and pretax financial income were identical. | |
| 2. | Pretax financial income is $1,742,000 in 2020 and $1,496,000 in 2021. | |
| 3. | On January 1, 2020, equipment costing $1,256,000 is purchased. It is to be depreciated on a straight-line basis over 5 years for tax purposes and over 8 years for financial reporting purposes. (Hint: Use the half-year convention for tax purposes, as discussed in Appendix 11A.) | |
| 4. | Interest of $55,000 was earned on tax-exempt municipal obligations in 2021. | |
| 5. | Included in 2021 pretax financial income is a gain on discontinued operations of $183,000, which is fully taxable. | |
| 6. | The tax rate is 20% for all periods. | |
| 7. |
Taxable income is expected in all future years. |
1. Prepare the journal entry to record 2021 income tax expense, income taxes payable, and deferred taxes. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
2. Prepare the bottom portion of Concord’s 2021 income statement, beginning with “Income from continuing operations before income taxes.” (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
3. Indicate how deferred income taxes should be presented on the December 31, 2021, balance sheet.
In: Accounting