Questions
Changes in Current Operating Assets and Liabilities—Indirect Method Covington Corporation's comparative balance sheet for current assets...

Changes in Current Operating Assets and Liabilities—Indirect Method

Covington Corporation's comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, Year 2 Dec. 31, Year 1
Accounts receivable $12,200 $15,500
Inventory 77,400 67,300
Accounts payable 18,000 21,400
Dividends payable 21,000 20,000

Adjust net income of $92,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

In: Accounting

What kinds of innovations effected the way that agricultural markets transitioned from craft production to mass...

What kinds of innovations effected the way that agricultural markets transitioned from craft production to mass production? Discuss a specific innovation that effected the evolution of agricultural production. How did the make-up of the agricultural labor force change and how did changes in efficiency and productivity in agricultural labor effect supply, demand and wages in the agricultural markets? What other policies and structural changes have affected agricultural production in the US in the past 300 years?

In: Economics

Select all of the correct statements about reaction quotients and equilibrium constants from the choices below....

Select all of the correct statements about reaction quotients and equilibrium constants from the choices below.


A reaction quotient equals the equilibrium constant at equilibrium.



K changes as temperature changes, but is independent of concentrations.



If Q = K the reaction is already at equilibrium.



A reaction quotient is the same as an equilibrium constant.



The richer a reaction mixture is in product the higher its Q value is.


As a reaction approaches equilibrium its Q value rises and its K value falls until they are equal.

In: Chemistry

Your client has identified a viable marketing opportunity and has asked you to identify and document...

Your client has identified a viable marketing opportunity and has asked you to identify and document changes needed to current operations to take advantage of this opportunity.

1. Create a brief that you received from your client, giving background information on their organisation and describing the opportunity (ie create a scenario). (50–100 words)

2. Write your report, showing the criteria you have considered and the changes required in each area. (1 page)

In: Operations Management

A coil is wrapped with 226 turns of wire on the perimeter of a circular frame...

A coil is wrapped with 226 turns of wire on the perimeter of a circular frame (of radius 70 cm). Each turn has the same area, equal to that of the frame. A uniform magnetic field is directed perpendicular to the plane of the coil. This field changes at a constant rate from 22 mT to 61 mT in 79 ms. What is the magnitude of the induced average E in the coil, over the time interval 79 ms during which the field changes? Answer in units of V.

In: Physics

Determine a suitable process model for the following projects. Also, you are required to provide a...

Determine a suitable process model for the following projects. Also, you are required to provide a short justification along with the necessary assumptions

d) An enterprise software system where the stakeholders do not well understand requirements. Thus, requirements are expected to be extremely changeable due to external changes, changing expectations, changes in the budget and the rapid change in technology.
e) Children learning mobile application. The stakeholders are concerned about the user interface more than the functionality of the application.

In: Computer Science

The table below contains real data for the first two decades of AIDS reporting. Year #...

The table below contains real data for the first two decades of AIDS reporting.

Year # AIDS cases diagnosed # AIDS deaths
Pre–1981 91 29
1981 319 121
1982 1,170 453
1983 3,076 1,482
1984 6,240 3,466
1985 11,776 6,878
1986 19,032 11,987
1987 28,564 16,162
1988 35,447 20,868
1989 42,674 27,591
1990 48,634 31,335
1991 59,660 36,560
1992 78,530 41,055
1993 78,834 44,730
1994 71,874 49,095
1995 68,505 49,456
1996 59,347 38,510
1997 47,149 20,736
1998 38,393 19,005
1999 25,174 18,454
2000 25,522 17,347
2001 25,643 17,402
2002 26,464 16,371
Total 802,118 489,093

Graph "year" vs. "# AIDS deaths." Do not include pre-1981. Label both axes with words. Scale both axes. Calculate the following. (Round your answers to the nearest whole number. Round the correlation coefficient r to four decimal places.)

a=

b=

r=

n=

In: Statistics and Probability

Let f(x) = x3 − 2x2. Find the point(s) on the graph of f where the...

Let

f(x) = x3 − 2x2.

Find the point(s) on the graph of f where the tangent line is horizontal.

(x, y) =

0

(smaller x-value)
(x, y) =
(larger x-value)

B)

A straight line perpendicular to and passing through the point of tangency of the tangent line is called the normal to the curve. Find an equation of the tangent line and the normal to the curve y = x3 - 3x + 1 at the point (3, 19).

tangent line     y =
normal line     y =

C) As use of the Internet grows, so does the number of consumers who shop online. The expected number of online buyers, as a percent of net users, is represented by the following function where t is measured in years, with t = 1 corresponding to the beginning of 2002.† (Round your answers to one decimal place.)

P(t) = 53t 0.12      (1  t  7)

(a) How many online buyers, as a percent of net users, are there expected to be at the beginning of 2008?
%

(b) How fast is the number of online buyers, as a percent of net users, expected to be changing at the beginning of 2008?
%/yr

In: Math

Wageweb conducts surveys of salary data and presents summaries on its website. Based on salary data...

Wageweb conducts surveys of salary data and presents summaries on its website. Based on salary data as of October 1, 2002, Wageweb reported that the average annual salary for sales vice presidents was $142,111, with an average annual bonus of $15,432. Assume the following data are a sample of the annual salary and bonus for 10 sales vice presidents. Data are in thousands of dollars.

Vice President

Salary

Bonus

1

135

12

2

115

14

3

146

16

4

167

19

5

165

22

6

176

24

7

98

7

8

136

17

9

163

18

10

119

11

  1. Compute SST, SSR, and SSE

  2. Compute the coefficient of determination r2. Comment on the goodness of fit.

  3. What is the value of the sample correlation coefficient?

  4. Develop the null and alternative hypothesis to test the linear relationship between salary and bonus

  5. At the .05 level of significance, determine whether salary and bonus are linearly related. Use the t test.

  6. Solve the problem in Excel and compare your results.

In: Statistics and Probability

This is from a case Called Waste Management, Inc Manipulating Accounting Estimates and here is the...

This is from a case Called

Waste Management, Inc

Manipulating Accounting Estimates

and here is the required questions

REQUIRED

  1. [1] Review Waste Management’s Consolidated Balance Sheet as of December 31, 1996. Identify accounts whose balances were likely based on significant management estimation techniques. Describe the reasons why estimates were required for each of the accounts identified.

  1. [4] The Waste Management fraud primarily centered on inappropriate estimates of salvage values and useful lives for property and equipment. Describe techniques Andersen auditors could have used to assess the reasonableness of those estimates used to create Waste Management’s financial statements.

  1. [6] Several of the Waste Management accounting personnel were formerly employed by the company’s auditor, Arthur Andersen. What are the risks associated with allowing former auditors to work for a client in key accounting positions? Research Section 206 of the Sarbanes−Oxley Act of 2002 and provide a brief summary of the restrictions related to the ability of a public company to hire accounting personnel who were formerly employed by the company’s audit firm.

In: Accounting