Questions
Kinkaid Co. was incorporated at the beginning of this year and had a number of transactions....

Kinkaid Co. was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders’ equity during its first year of operations.

General Journal Debit Credit
a. Cash 310,000
Common Stock, $25 Par Value 230,000
Paid-In Capital in Excess of Par Value, Common Stock 80,000
b. Organization Expenses 190,000
Common Stock, $25 Par Value 130,000
Paid-In Capital in Excess of Par Value, Common Stock 60,000
c. Cash 43,000
Accounts Receivable 18,000
Building 82,400
Notes Payable 59,800
Common Stock, $25 Par Value 53,600
Paid-In Capital in Excess of Par Value, Common Stock 30,000
d. Cash 138,000
Common Stock, $25 Par Value 77,000
Paid-In Capital in Excess of Par Value, Common Stock 61,000


Required:
2. How many shares of common stock are outstanding at year-end?
3. What is the total paid-in capital at year-end?
4. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $798,000? (include numerator and denominator for both)

part two

Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018.

Common stock—$25 par value, 100,000 shares authorized,
50,000 shares issued and outstanding
$ 1,250,000
Paid-in capital in excess of par value, common stock 70,000
Retained earnings 400,000
Total stockholders' equity $ 1,720,000


During 2019, the following transactions affected its stockholders’ equity accounts.

Jan. 2 Purchased 4,500 shares of its own stock at $20 cash per share.
Jan. 5 Directors declared a $4 per share cash dividend payable on February 28 to the February 5 stockholders of record.
Feb. 28 Paid the dividend declared on January 5.
July 6 Sold 1,688 of its treasury shares at $24 cash per share.
Aug. 22 Sold 2,812 of its treasury shares at $17 cash per share.
Sept. 5 Directors declared a $4 per share cash dividend payable on October 28 to the September 25 stockholders of record.
Oct. 28 Paid the dividend declared on September 5.
Dec. 31 Closed the $388,000 credit balance (from net income) in the Income Summary account to Retained Earnings.


Required:

1. Prepare journal entries to record each of these transactions.
2. Prepare a statement of retained earnings for the year ended December 31, 2019.
3. Prepare the stockholders’ equity section of the company’s balance sheet as of December 31, 2019.

part 3

At September 30, the end of Beijing Company’s third quarter, the following stockholders’ equity accounts are reported.

Common stock, $12 par value $ 360,000
Paid-in capital in excess of par value, common stock 100,000
Retained earnings 320,000


In the fourth quarter, the following entries related to its equity are recorded.

Date General Journal Debit Credit
Oct. 2 Retained Earnings 70,000
Common Dividend Payable 70,000
Oct. 25 Common Dividend Payable 70,000
Cash 70,000
Oct. 31 Retained Earnings 79,000
Common Stock Dividend Distributable 38,000
Paid-In Capital in Excess of Par Value, Common Stock 41,000
Nov. 5 Common Stock Dividend Distributable 38,000
Common Stock, $12 Par Value 38,000
Dec. 1 Memo—Change the title of the common stock
account to reflect the new par value of $4.
Dec. 31 Income Summary 250,000
Retained Earnings 250,000


Required:

2. Complete the following table showing the equity account balances at each indicated date.

In: Accounting

Put a JTextField in the north of the JFrame along with a JLabel that says: Year...

  1. Put a JTextField in the north of the JFrame along with a JLabel that says: Year

  2. Put a JSlider, vertically in the east side of the JFrame

    1. Have the JSlider range from 1990 to 2019
    2. Have the JSlider labeled Choose Year
    3. Add a ChangeListener to the JSlider
    4. Have the JSlider's value displayed in the TextField

    Hints

    1. to get the JSlider to be vertical, make the JSlider's orientation JSlider.VERTICAL.
    2. label the JSlider
      1. tell the JSlider to set the tick spacing:setMajorTickSpacing(4), and setMinorTickSpacing(2)
      2. tell the JSlider to make the tick marks show up: setPaintTicks(true)
      3. tell the JSlider to make the labels show up use setPaintLabels(true)
    3. for the changeListener to work, the class has to implement the ChangeListener interface. If the class implements more than one interface, they should be noted in a comma seperated list.
    4. the changeListener has to have a stateChanged method which takes a ChangeEvent object as an argument.
    5. The int returned by the slider can be converted to a string by concatenating it with the empty String as in:  "" + value
  3. Have typing in the TextField change the JSlider.

    Hints

    1. The value from the TextField is obtained as a String. To get an int use Integer.parseInt()
  4. Add JRadioButtons with labels that are color names

    1. Group the JRadioButtons into a ButtonGroup
    2. Hook your JRadioButtons to your program (use addActionListener()) so that the JFrame's background color is changed to the color chosen with the JRadioButton

    Hints

    1. The ButtonGroup just coordinates the buttons so, when one is pressed, the others turn off.
    2. Use setBackground() to set the JFrame's color. If setting the JFrame's color doesn't work for you, try setting the background color of each of the JPanels you have.

In: Computer Science

The data show the population (in thousands) for a recent year of a sample of cities...

The data show the population (in thousands) for a recent year of a sample of cities in South Carolina.

29 26 15   13   17 58
14 25 37   19   40 67
23 10 97   12 129
27 20 18 120   35
66 21 11   43   22

Source: U.S. Census Bureau.

Find the data value that corresponds to each percentile.

a. 40th percentile

b. 75th percentile

c. 90th percentile

d. 30th percentile

Using the same data, find the percentile corresponding to the given data value.

e. 27

f. 40

g. 58

h. 67

In: Math

There is a par 30 year, 6% bond. What is the % alteration, if the ytm...

There is a par 30 year, 6% bond. What is the % alteration, if the ytm alters by 2%? Do it with duration alone. Then, find the change, if you include convexity also. The convexity is 40.

Please show formula and show all work.

In: Finance

Assume for a given year there is a population of 1,725,000 people, 345,000 of whom are...

Assume for a given year there is a population of 1,725,000 people, 345,000 of whom are 65 years younger. There are 22,425 live births, 13,800 deaths in all age groups from all causes, 10,350 deaths for those 65 and above, 4000 deaths from heart disease, 7000 deaths from cancer, 95 deaths among infants less than 28 days, 140 deaths among infants less than one year (including those < 28 days), and 6 deaths among pregnant mothers. Assume that there 40,000 new cases of influenza, 45,000 people have influenza at some point in time during the year. Calculate the following rates to one decimal place. (15 points)

a. crude mortality rate (per 100,000)
b. age-specific mortality rate among those 65 and above (per 100,000) c. proportionate mortality rate for cancer

In: Math

workout for a 21 year old volleyball player for muscular strength

workout for a 21 year old volleyball player for muscular strength

In: Anatomy and Physiology

At the end of the year, a company offered to buy 4,650 units of a product...

At the end of the year, a company offered to buy 4,650 units of a product from X Company for $11.00 each instead of the company's regular price of $17.00 each. The following income statement is for the 68,900 units of the product that X Company has already made and sold to its regular customers:

Sales $1,171,300   
Cost of goods sold    596,674   
Gross margin $574,626   
Selling and administrative costs      175,006   
Profit $399,620   


For the year, variable cost of goods sold were $457,496, and variable selling and administrative costs were $93,704. The special order product has some unique features that will require additional material costs of $0.89 per unit and the rental of special equipment for $2,500.

4. Profit on the special order would be

5.  The marketing manager thinks that if X Company accepts the special order, regular customers will be lost unless the selling price for them is reduced by $0.11. The effect of reducing the selling price will be to decrease firm profits by

In: Accounting

The comparative balance sheets of Sheridan Inc. at the beginning and the end of the year...

The comparative balance sheets of Sheridan Inc. at the beginning and the end of the year 2017 are as follows.

SHERIDAN INC.
BALANCE SHEETS

Dec. 31, 2017

Jan. 1, 2017

Inc./Dec.

Assets
Cash $ 46,990 $ 14,990 $32,000 Inc.
Accounts receivable 94,720 89,730 4,990 Inc.
Equipment 42,720 23,730 18,990 Inc.
Less: Accumulated Depreciation-Equipment 20,720 11,000 9,720 Inc.
    Total $163,710 $117,450
Liabilities and Stockholders’ Equity
Accounts payable $ 23,720 $ 16,730 6,990 Inc.
Common stock 101,990 81,730 20,260 Inc.
Retained earnings 38,000 18,990 19,010 Inc.
    Total $163,710 $117,450


Net income of $47,720 was reported, and dividends of $28,710 were paid in 2017. New equipment was purchased and none was sold.

Prepare a statement of cash flows for the year 2017. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

In: Accounting

You will be paying $10,000 a year in tuition expenses at the end of the next...

You will be paying $10,000 a year in tuition expenses at the end of the next two years. Bonds currently yield 8%. (LO 11-2)

a.

What is the present value and duration of your obligation?

b.

What maturity zero-coupon bond would immunize your obligation?

c.

Suppose you buy a zero-coupon bond with value and duration equal to your obligation. Now suppose that rates immediately increase to 9%. What happens to your net position, that is, to the difference between the value of the bond and that of your tuition obligation?

d.

What if rates fall to 7%?

In: Finance

The accompanying data are the percentage of babies born prematurely in a particular year for the...

The accompanying data are the percentage of babies born prematurely in a particular year for the 50 U.S. states and the District of Columbia (DC). State Premature Percent State Premature Percent State Premature Percent Alabama 12.3 Kentucky 11.3 North Dakota 9.0 Alaska 9.1 Louisiana 12.9 Ohio 10.9 Arizona 9.6 Maine 9.0 Oklahoma 10.9 Arkansas 10.6 Maryland 10.7 Oregon 8.3 California 8.9 Massachusetts 9.2 Pennsylvania 10.0 Colorado 9.0 Michigan 10.4 Rhode Island 9.2 Connecticut 9.8 Minnesota 9.3 South Carolina 11.4 Delaware 9.9 Mississippi 13.5 South Dakota 9.1 DC 10.2 Missouri 10.4 Tennessee 11.4 Florida 10.5 Montana 9.9 Texas 11.0 Georgia 11.4 Nebraska 9.7 Utah 9.7 Hawaii 10.6 Nevada 10.7 Vermont 8.5 Idaho 8.8 New Hampshire 8.8 Virginia 9.8 Illinois 10.7 New Jersey 10.2 Washington 8.7 Indiana 10.3 New Mexico 9.8 West Virginia 11.4 Iowa 9.9 New York 9.5 Wisconsin 9.8 Kansas 9.3 North Carolina 10.3 Wyoming 11.8 (a) The smallest value in the data set is 8.3 (Oregon), and the largest value is 13.5 (Mississippi). Are these values outliers? Explain. Any observations smaller than 8.3 Incorrect: Your answer is incorrect. % or larger than 13.5 Incorrect: Your answer is incorrect. % are considered outliers. Therefore, Oregon's data value (8.3%) Correct: Your answer is correct. an outlier and Mississippi's data value (13.5%) Changed: Your submitted answer was incorrect. Your current answer has not been submitted. an outlier. (b) Construct a boxplot for this data set. Comment on the interesting features of the plot. The boxplot shows Incorrect: Your answer is incorrect. and the distribution is . The minimum value is %, the lower quartile is %, the median is %, the upper quartile is %, and the maximum value is %.

In: Math