For the following reaction, Kc = 481 at 1000 K.
CO (g) + Cl2 (g) ↔ COCl2 (g)
If the reaction mixture initially contains a CO concentration of 0.2500 M and a Cl2 concentration of 0.185 M at 1000 K, what are the equilibrium concentrations of CO, Cl2, and COCl2 at 1000K
In: Chemistry
Identify the charge on the transition metal center and the number of valence d electrons it has.
1. [Cu(en)2(H2O)2]I2
2. [Co(NH3)5(NO2)]Cl2
3. [Co(en)2Cl2]Cl-
4. Mo(bipy)(pph3)(CO)3
In: Chemistry
A solution contains Al 3 + and Co 2 + . The addition of 0.3488 L of 1.779 M NaOH results in the complete precipitation of the ions as Al ( OH ) 3 and Co ( OH ) 2 . The total mass of the precipitate is 22.32 g . Find the masses of Al 3 + and Co 2 + in the solution.
In: Chemistry
9. Carbon monoxide (CO) binds Hb in a similar fashion to O2, but with 200-fold higher affinity. When presented with a mixture of O2 and CO, individual heme molecules in a single tetramer may bind to either molecule. Does the presence of small amounts of CO increase, decrease, or not change the affinity of Hb for O2? Explain (a) your choice and (b) how CO binding Hb starves tissues of O2. In your answer, please consider R and T states of Hb.
In: Chemistry
Margot Co. exchanged equipment with Wiese Co.
The following information pertains to the two pieces of equipment:
Margot Co.
Original Cost $ 250,000
Accumulated Depreciation 100,000
Market Value 200,000
Wiese Co.
Original Cost $ 300,000
Accumulated Depreciation 140,000
Market Value 190,000
Wiese pays $10,000 to Margot.
Assume that the assets exchanged are similar and the transaction lacks commercial substance.
Assume that the transaction has commercial substance. Indicate the amounts recognized by Margot and Wiese at the time of exchange of assets:
In: Accounting
Does co-browsing have positive effects on the customer experience? Co-browsing refers to the ability to have a contact center agent and customer jointly navigate an online document or mobile application on a real-time basis through the web. A study of businesses indicates that 85 of 135 co-browsing organizations use skills-based routing to match the caller with the right agent, whereas 95 of 177 non-co-browsing organizations use skills-based routing to match the caller with the right agent.
At the 0.05 level of significance, is there evidence of a difference between co-browsing organizations and non-co-browsing organizations in the proportion that use skills-based routing to match the caller with the right agent?
a. State the null and alternative hypotheses, where π1 is the population proportion of co-browsing organizations that use skills-based routing and π2 is the population proportion of non-co-browsing organizations that use skills-based routing.
b. Determine the value of the test statistic. ZSTAT = ______
c. Determine the critical value(s) for this test of hypothesis.
d. State the conclusion.
e. Find the p-value in (a) and interpret its meaning.
The probability of getting a test statistic____________ the sample result, given that H0 is true, is approximately______.
(equal to or less than, equal to or more than, equal to)
In: Statistics and Probability
Bank Reconciliation An accounting clerk for Chesner Co. prepared the following bank reconciliation: Chesner Co. Bank Reconciliation July 31, 20Y4 Cash balance according to company's records $8,260 Adjustments: Outstanding checks $3,960 Error by Chesner Co. in recording Check No. 1056 as $820 instead of $280 540 Note for $13,000 collected by bank, including interest 13,520 Deposit in transit on July 31 (8,410) Bank service charges (30) Total adjustments 9,580 Cash balance according to bank statement $17,840 a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., use the format shown in the Let’s Review section Chesner Co. Bank Reconciliation July 31, 20Y4 Cash balance according to bank statement $ Adjustments: $ Total adjustments Adjusted balance $ Cash balance according to company's records $ $ Total adjustments Adjusted balance $ b. If a balance sheet were prepared for Chesner Co. on July 31, 20Y4, what amount should be reported for cash? $
Bank Reconciliation
An accounting clerk for Chesner Co. prepared the following bank reconciliation:
| Chesner Co. | |||
| Bank Reconciliation | |||
| July 31, 20Y4 | |||
| Cash balance according to company's records | $8,260 | ||
| Adjustments: | |||
| Outstanding checks | $3,960 | ||
| Error by Chesner Co. in recording Check | |||
| No. 1056 as $820 instead of $280 | 540 | ||
| Note for $13,000 collected by bank, including interest | 13,520 | ||
| Deposit in transit on July 31 | (8,410) | ||
| Bank service charges | (30) | ||
| Total adjustments | 9,580 | ||
| Cash balance according to bank statement | $17,840 | ||
a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., use the format shown in the Let’s Review section
| Chesner Co. | ||
| Bank Reconciliation | ||
| July 31, 20Y4 | ||
| Cash balance according to bank statement | $ | |
| Adjustments: | ||
| $ | ||
| Total adjustments | ||
| Adjusted balance | $ | |
| Cash balance according to company's records | $ | |
| $ | ||
| Total adjustments | ||
| Adjusted balance | $ | |
b. If a balance sheet were prepared for Chesner
Co. on July 31, 20Y4, what amount should be reported for
cash?
$
In: Accounting
QUESTION 6:
Duke Co is a retailer with stores in numerous city centres. On 1 January 2008 Duke Co acquired 80% of the equity share capital of Smooth Co, a service company specialising in training and recruitment. This was the first time Duke Co had acquired a subsidiary.
The consideration for Smooth Co consisted of a cash element and the issue of some shares in Duke Co to the previous owners of Smooth Co.
Duke Co has begun to consolidate Smooth Co into its financial statements, but has yet to calculate the non-controlling interest and retained earnings. Details of the relevant information is provided in notes (i) and (ii).
Extracts from the financial statements for the Duke group for the year ended 30 June 2008 and Duke Co for the year ended 30 June 20X7 are provided below:
Duke Group Duke Co
30 June 2008 30 June 2007
R 000 R 000
Profit from operations 14,500 12,700
Current assets 30,400 28,750
Share capital 11,000 8,000
Share premium 6,000 2,000
Retained earnings Note (i) and (ii) 9,400
Non-controlling interest Note (i) and (ii) Nil
Long-term loans 11,500 7,000
Current liabilities 21,300 15,600
The following notes are relevant:
(i) The fair value of the non-controlling interest in Smooth Co at 1 January 2008 was deemed to be R3·4m. The retained earnings of Duke Co in its individual financial statements at 30 June 2008 are R13·2m.
Smooth Co made a profit for the year ended 30 June 2008 of R7m. Duke Co incurred professional fees of R0·5m during the acquisition, which have been capitalised as an asset in the consolidated financial statements.
(ii) The following issues are also relevant to the calculation of non-controlling interest and retained earnings:
– At acquisition, Smooth Co’s net assets were equal to their carrying amount with the exception of a brand name which had a fair value of R3m but was not recognised in Smooth Co’s individual financial statements. It is estimated that the brand had a five-year life at 1 January 2008.
– On 30 June 2008, Smooth Co sold land to Duke Co for R4m when it had a carrying amount of R2·5m.
(iii) Smooth Co is based in the service industry and a significant part of its business comes from three large, profitable contracts with entities which are both well-established and financially stable.
(iv) Duke Co did not borrow additional funds during the current year and has never used a bank overdraft facility.
(v) The following ratios have been correctly calculated based on the above financial statements:
2008 2007
Receivables collection period 52 days 34 days
Inventory holding period 41 days 67 days
Other than the recognition of the non-controlling interest and retained earnings, no adjustment is required to any of the other figures in the draft financial statements. All items are deemed to accrue evenly across the year.
Required:
(a) Calculate the non-controlling interest and retained earnings to be included in the consolidated financial statements at 30 June 2008.
(b) Based on your answer to part (a) and the financial statements provided, calculate the following ratios for the years ending 30 June 2007 and 30 June 2008: Current ratio; Return on capital employed; Gearing (debt/equity).
(c) Using the information provided and the ratios calculated above, comment on the comparative performance and position for the two years ended 30 June 2007 and 2008. Note: Your answer should specifically comment on the impact of the acquisition of Smooth Co on your analysis.
In: Accounting
Suppose I have a balance of $5000 on my Bank of America credit card. Assume the interest rate on my card is 14.99%. If I am willing to commit to making monthly payments of $100 dollars, how long will it take me to pay off my credit card? Please show your work.
In: Finance
As an analyst at Bank of America Merrill Lynch, you are evaluating European call futures option and European put futures options. A futures price is currently $50. It is expected to move either to $55 or down to $45 over the next three month. The risk-free interest rate is 8% per annum with continuous compounding.
In: Finance