A goose is flying south for the winter at a constant speed. Keep in mind that one mile is 1.61 km , and one pound is 454 g . The goose has a mass of 16.4 lb (pounds) and is flying at 7.30 miles/h (miles per hour). What is the kinetic energy of the goose in joules?
In: Chemistry
Choat and Sons Limited is a company based in reading in the south of england. The company specializes in the production of forklifts both for domestic market and for export mainly to the USA. Due to increased demand for the company's products, it has become necessary to expand its production facilities.
Choat and Sons Limited intends to borrow £1,500,000 in three months time for a period of three months but expects interest rates to rise above the current 6% to more than 11%. Management of the company is worried about the expected future interest rises and wants to insulate the company from interest rate risk.
Required;
Explain two problems that may be encountered when using futures contracts.
In: Finance
Choat and Sons Limited is a company based in reading in the south of england. The company specializes in the production of forklifts both for domestic market and for export mainly to the USA. Due to increased demand for the company's products, it has become necessary to expand its production facilities.
Choat and Sons Limited intends to borrow £1,500,000 in three months time for a period of three months but expects interest rates to rise above the current 6% to more than 11%. Management of the company is worried about the expected future interest rises and wants to insulate the company from interest rate risk.
Required;
1. Describe how Choat and Sons Limited can use short sterling interest rate futures contract to hedge against interest rate risk.
In: Finance
An airplane is heading due south at a speed of 680 km/h .
A. If a wind begins blowing from the southwest at a speed of 90 km/h (average), calculate the velocity (magnitude) of the plane relative to the ground.
B. Calculate the velocity (direction) of the plane relative to the ground.
C. Calculate how far from its intended position will it be after 18 min if the pilot takes no corrective action.
In: Physics
Consider the reaction: CO(g) + H2O(g)<------> CO(g) + H2(g) and K = 0.118 at 4000 K. A reaction mixture initially contains a CO partial pressure of 1344 mbar and a H2O partial pressure of 1766 mbar at 4000K. Calculate the equilibrium partial pressures of each of the products.
In: Chemistry
A mixture of .158 moles of C is reacted with .117 moles of O2 in a sealed, 10.0L vessel at 500K, producing a mixture of Co and CO2. The total pressure os .6961atm. What is the partial pressure of CO?
3 C(s) + 2 O2 (g) = 2 CO (g) + CO2 (g)
In: Chemistry
The Kf for the formation of
Co(NH3)62+ is 7.70 ×
104.
The Kf for the formation of
Co(en)32+ is 8.70 × 1013.
Suppose a 500.0 mL solution contains 1.300 millimoles of
Co(NO3)2, 100.0 millimoles of NH3,
and 100.0 millimoles of ethylenediamine. What is the concentration
of Co2+(aq ) in the solution?
In: Chemistry
The Kf for the formation of
Co(NH3)62+ is 7.70 ×
104.
The Kf for the formation of
Co(en)32+ is 8.70 × 1013.
Suppose a 500.0 mL solution contains 1.000 millimoles of Co(NO3)2, 200.0 millimoles of NH3, and 200.0 millimoles of ethylenediamine. What is the concentration of Co2+(aq ) in the solution?
In: Chemistry
M&JB Investment Corp. (with a 12/31 year-end) began operations on 1/1/X1 by issuing 10,000 shares of $5 par value common stock to 5 shareholders. Each shareholder paid $40,000 for their 2,000 shares. M&JB uses straight-line amortization for bond investments, all of which paid annual interest when due on 12/31.Ignore income taxes. Round each transaction to the nearest dollar.
The following transactions took place:
20X1:
Jan. 1 Record the initial investment by the owners described above.
Bought the following Available-for-Sale (AFS) securities:
200 shares of ABC Co. common stock for $ 24 per share.
100 shares of DEF Co. common stock for $ 16 per share.
300 shares of GHI Co. common stock for $20 per share.
Jan. 1 Bought the following Held-to-Maturity securities:
30 bonds of PQR Co. for $938.00 per $1,000 bond.
100 bonds of STU Co. for $1,068.45 per $1,000 bond.
Feb. 2 Bought the following Trading Securities:
300 shares of JKL Co. common stock for $19 per share.
150 shares of MNO common stock for $18 per share.
Aug 3 Sold 200 shares of JKL Co. stock for $26.38 per share.
Bought 100 shares of VWX Co. common stock for $32 per share, classified as AFS Securities.
Sold 300 shares of GHI Co. stock for $21.51 per share.
Dec 15 Received cash dividends from common stock investments for 20X1
Dec 31 Investment expenses of $1,151 were paid in cash for the year
Received interest on bond investments, and made necessary amortizations
Made all necessary fair market value adjustments
Made all necessary closing entries
20X2:
Jan. 1 Issued 100 shares of $100 par value, 8%, cumulative Preferred Stock for $16,845. The Preferred Stock is convertible into common stock, 5 shares of common for each share of preferred.
Jan. 2 Bought 300 shares of RJB Co. common stock for $50 per share. Significant influence was achieved. Assume FVO was not elected.
Apr 2 Sold 100 shares of JKL Co. stock for $31.51 per share
Bought 150 more shares of MNO Co. common stock for $15 per share
Jul 1 Bought 300 shares of XYZ Co. common stock for $60.151 per share; classified as a trading security.
Sold 100 shares of DEF Co. stock for $18.38 per share
Nov1 Declared cash dividends to our shareholders of $1.38 per common share and $8 per preferred share.
Nov 15 Paid dividends declared on Nov. 1
Dec 15 Received cash dividends from common stock investments for 20X2
Dec 31 Investment expenses of $6,845 were paid in cash for the year
Received interest on bond investments, and made necessary amortizations
Made all necessary fair market value adjustments
Made all necessary closing entries
Required:
1.Prepare general journal entries to record the above transactions. Use Excel.
2.Prepare comparative financial statements for the two years. Include an Income Statement (including BEPS and DEPS - show your computations), a Statement of Shareholder Equity, and a Balance Sheet. Use Excel or other spreadsheet software.
Schedule A – Common Stocks
Company Name Shares O/S Dividends per Share FMV per share at:
20X1 20X2 20X1 20X2
ABC Co. 2,000 3.38 3.38 24.38 30.38
DEF Co. 3,000 4.38 4.38 14.38 16.38
JKL Co. 9,000 1.38 1.38 24.38 -
MNO Co. 8,000 2.38 2.38 16.38 15.38
VWX Co. 4,000 5.38 5.38 29.38 31.38
RJB Co. 1,000 21.51 21.51 - 90.38
XYZ Co. 7,000 6.38 6.38 - 59.38
Company Name Reported Earning for:
20X1 20X2
RJB Co. 40,000 46,845
Schedule B – Bonds
All investment bonds pay interest annually on December 31
Company Name Stated Interest Rate Maturity Date
PQR Co. 7.00 % 12/31/20X8
STU Co. 8.25 % 12/31/20X9
In: Accounting
Why is photochemical smog more pronounced in the early morning hours? (use reactions as part of the answer)
In: Chemistry