Questions
Please type SAS code for questions below Age < 65 N = Age ≥ 65 N...

Please type SAS code for questions below

Age < 65

N =

Age ≥ 65

N =

Total

N =

Sex

     Male

     Female

Region

     Northeast

     Midwest

     South

     West

Race

     White

     Black

     Asian

     All other race groups

In: Computer Science

With what Two historical events are Wounded Knee, South Dakota, associated? Explain what happened in each...

With what Two historical events are Wounded Knee, South Dakota, associated? Explain what happened in each event? What is the difference between a massacre, a battle, and a siege? Be sure to use correct terminology and include the primary players or groups and their roles in each.

In: Operations Management

Transport plays an essential role in supply chain and when managed properly can allow supply chains...

Transport plays an essential role in supply chain and when managed properly can allow supply chains to work more efficiently and effectively. Dertemine the modal split for freight in South Africa. Provide reasons for your choice of the mode with the highest split.

In: Operations Management

South Africa is a unique country with differing cultures: following on this; 1. critically analyze the...

South Africa is a unique country with differing cultures: following on this;

1. critically analyze the four-level levels of conceptualization of Leadership; and then

2. Decide which level of conceptualization of Leadership suits this community best and prepare a systematic exposition that supports your decision.

In: Operations Management

The following were selected from among the transactions completed by Essex Company during July of the...

The following were selected from among the transactions completed by Essex Company during July of the current year:

July 3. Purchased merchandise on account from Hamling Co., list price $87,000, trade discount 25%, terms FOB shipping point, 2/10, n/30, with prepaid freight of $970 added to the invoice.
5. Purchased merchandise on account from Kester Co., $50,800, terms FOB destination, 2/10, n/30.
6. Sold merchandise on account to Parsley Co., $14,660, terms n/15. The cost of the goods sold was $9,830.
7. Returned merchandise with an invoice amount of $12,000 purchased on July 5 from Kester Co.
13. Paid Hamling Co. on account for purchase of July 3.
15. Paid Kester Co. on account for purchase of July 5, less return of July 7.
21. Received cash on account from sale of July 6 to Parsley Co.
21. Sold merchandise on MasterCard, $231,210. The cost of the goods sold was $152,410.
22. Sold merchandise on account to Tabor Co., $58,300, terms 2/10, n/30. The cost of the goods sold was $34,980.
23. Sold merchandise for cash, $35,400. The cost of the goods sold was $24,050.
28. Paid Parsley Co. a cash refund of $5,840 for returned merchandise from sale of July 6. The cost of the returned merchandise was $3,110.
31. Paid MasterCard service fee of $3,640.

Required:

Journalize the transactions. If an amount box does not require an entry, leave it blank.

In: Accounting

The following were selected from among the transactions completed by Babcock Company during November of the...

The following were selected from among the transactions completed by Babcock Company during November of the current year:

Nov. 3. Purchased merchandise on account from Moonlight Co., list price $79,000, trade discount 25%, terms FOB destination, 2/10, n/30.
4. Sold merchandise for cash, $37,070. The cost of the goods sold was $22,470.
5. Purchased merchandise on account from Papoose Creek Co., $51,400, terms FOB shipping point, 2/10, n/30, with prepaid freight of $890 added to the invoice.
6. Returned $12,750 ($17,000 list price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co.
8. Sold merchandise on account to Quinn Co., $14,750 with terms n/15. The cost of the merchandise sold was $8,870.
13. Paid Moonlight Co. on account for purchase of November 3, less return of November 6.
14. Sold merchandise on VISA, $222,570. The cost of the goods sold was $153,630.
15. Paid Papoose Creek Co. on account for purchase of November 5.
23. Received cash on account from sale of November 8 to Quinn Co.
24. Sold merchandise on account to Rabel Co., $51,700, terms 1/10, n/30. The cost of the goods sold was $33,260.
28. Paid VISA service fee of $3,300.
30. Paid Quinn Co. a cash refund of $6,480 for returned merchandise from sale of November 8. The cost of the returned merchandise was $3,210.

do a journal entry

In: Accounting

Sales-Related and Purchase-Related Transactions Using Perpetual Inventory System The following were selected from among the transactions...

Sales-Related and Purchase-Related Transactions Using Perpetual Inventory System

The following were selected from among the transactions completed by Essex Company during July of the current year:

July 3. Purchased merchandise on account from Hamling Co., list price $72,000, trade discount 15%, terms FOB shipping point, 2/10, n/30, with prepaid freight of $1,450 added to the invoice.
5. Purchased merchandise on account from Kester Co., $33,450, terms FOB destination, 2/10, n/30.
6. Sold merchandise on account to Parsley Co., $36,000, terms n/15. The cost of the goods sold was $25,000.
7. Returned $6,850 of merchandise purchased on July 5 from Kester Co.
13. Paid Hamling Co. on account for purchase of July 3.
15. Paid Kester Co. on account for purchase of July 5, less return of July 7.
21. Received cash on account from sale of July 6 to Parsley Co.
21. Sold merchandise on MasterCard, $108,000. The cost of the goods sold was $64,800.
22. Sold merchandise on account to Tabor Co., $16,650, terms 2/10, n/30. The cost of the goods sold was $10,000.
23. Sold merchandise for cash, $91,200. The cost of the goods sold was $55,000.
28. Paid Parsley Co. a cash refund of $7,150 for returned merchandise from sale of July 6. The cost of the returned merchandise was $4,250.
31. Paid MasterCard service fee of $1,650.

Required:

Journalize the transactions.

In: Accounting

d) Keswick Co acquired 80% of the share capital of Derwent Co on 1 June 20X5....

d) Keswick Co acquired 80% of the share capital of Derwent Co on 1 June 20X5. The summarised draft statements of profit or loss for Keswick Co and Derwent Co for the year ended 31 May 20X6 are shown below:
Keswick Co Derwent Co
R000 R000
Revenue 8,400 3,200
Cost of sales (4,600) (1,700)
–––––– ––––––
Gross profit 3,800 1,500
Operating expenses (2,200) (960)
–––––– ––––––
Profit before tax 1,600 540

Tax (600) (140)
–––––– ––––––
Profit for the year 1,000 400
–––––– ––––––
During the year Keswick Co sold goods costing R1,000,000 to Derwent Co for R1,500,000. At 31 May 20X6, 30% of these goods remained in Derwent Co’s inventory.
Required:
(a) Prepare the Keswick group consolidated statement of profit or loss for the year ended 31 May 20X6. Note: The statement should stop once the consolidated profit for the year has been determined. The amounts attributable to the non-controlling interest and equity owners of Keswick are not required. Show all workings as credit will be awarded to these as appropriate.
(b) Which of the following formulas describes the amount to be entered in the consolidated statement of profit or loss as ‘Profit attributable to: Equity owners of Keswick Co’?
A Group profit after tax – non-controlling interest
B Group profit after tax + non-controlling interest
C Keswick Co’s profit after tax
D Group profit after tax

(c) What amount should be shown in the consolidated statement of profit or loss for the non-controlling interest? (2 marks

In: Accounting

The following were selected from among the transactions completed by Babcock Company during November of the...

The following were selected from among the transactions completed by Babcock Company during November of the current year:

Nov. 3. Purchased merchandise on account from Moonlight Co., list price $82,000, trade discount 25%, terms FOB destination, 2/10, n/30.
4. Sold merchandise for cash, $40,700. The cost of the goods sold was $22,290.
5. Purchased merchandise on account from Papoose Creek Co., $49,000, terms FOB shipping point, 2/10, n/30, with prepaid freight of $780 added to the invoice.
6. Returned $15,000 ($20,000 list price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co.
8. Sold merchandise on account to Quinn Co., $16,790 with terms n/15. The cost of the merchandise sold was $9,870.
13. Paid Moonlight Co. on account for purchase of November 3, less return of November 6.
14. Sold merchandise on VISA, $219,080. The cost of the goods sold was $147,900.
15. Paid Papoose Creek Co. on account for purchase of November 5.
23. Received cash on account from sale of November 8 to Quinn Co.
24. Sold merchandise on account to Rabel Co., $60,500, terms 1/10, n/30. The cost of the goods sold was $32,170.
28. Paid VISA service fee of $3,370.
30. Paid Quinn Co. a cash refund of $6,040 for returned merchandise from sale of November 8. The cost of the returned merchandise was $3,450.

Required:

Journalize the transactions.

In: Accounting

Catering Co. C Income Statement For the year ended 31 Mar 20X5 ($ in million)                              &n

Catering Co. C

Income Statement

For the year ended 31 Mar 20X5

($ in million)

                                    Net sales                                              $7,356

                                    Less: Cost of food sold                        2,402

                                    Less: other expenses                             4,174

                                    Earnings before interest and taxes          780

                                    Less: Taxes                                          193

                                    Net profit                                             $587

Catering Co. C

20X4 and 20X5

Statement of Financial Position

($ in million)

                                         20X4      20X5                                                          20X4      20X5

        Cash                     $ 1,149   $   1,236        Accounts payable                      $774      $820

        Accounts rec.                 80           143        Long-term debt                             61           67

        Inventory                     212           228        Share capital                             1,348      1,112

        Total                       $1,441      $1,607        Retained earnings                     2,384      2,564

        Net fixed assets         3,126        2,955       

        Total assets             $4,567      $4,562        Total liabilities & equity           $4,567   $4,562

Calculate the net profit margin in % for 20X5 in .

Calculate how many days on average it takes Catering Co. C to sell their inventory in .

Calculate how many days on average it takes Catering Co. C to collect its receivables in .

Calculate how many dollars of sales Catering Co. C generates from every dollar of total assets in .

Calculate Catering Co. C’s debt ratio for 20X5 in .

Calculate Catering Co. C's earnings per share in  if it has 1,000,000,000 shares outstanding.

Calculate Catering Co. C's price earnings ratio in  if the share price is $21.45.

Calculate Catering Co. C's return on equity in 20X5 in .

Suggest TWO ways to improve the return on equity under the DuPont system in .

In: Accounting