Questions
why can we disregard the concentration of sodium hydroxide in this experiment even though we are...

why can we disregard the concentration of sodium hydroxide in this experiment even though we are measuring thr rate of the reaction between NaOH and crystal violet?

In: Chemistry

What is the percent yield of dibenzalacetone when 0.212 g of benzaldehyde and 0.058 g of...

What is the percent yield of dibenzalacetone when 0.212 g of benzaldehyde and 0.058 g of acetone was used in the experiment? I got a 0.885 g of product in the end.

In: Chemistry

1. What is the role of condenser used in the experiment of isoteniscope method? 2. How...

1. What is the role of condenser used in the experiment of isoteniscope method?

2. How to know the filling the air into the system is finished before taking off isoteniscope?

In: Chemistry

Describe how the solvents worked as the mobile phase of the liquid chromatography experiment. Why was...

Describe how the solvents worked as the mobile phase of the liquid chromatography experiment. Why was it necessary to use different concentrations of aqueous isopropanol in the step-gradient separation?

In: Chemistry

The objective of this experiment is to identify real world applications of quantum mechanics. Write a...

The objective of this experiment is to identify real world applications of quantum mechanics. Write a paper with a minimum of 1200 words discussing real world applications of quantum mechanics.

In: Chemistry

Write a program that: a.Asks the user for their first name.b.Asks the user for their...

Write a program that: a.Asks the user for their first name. b.Asks the user for their age. c.Asks the user for their last name. d.Print out to the user the following information: i.Number of characters in the first & last name combined ii.The full name all in upper case letters iii.The full name all in lower case letters iv.The first letter of the name v.The age Compile and test your code in NetBeans and then on Hackerrank at www.hackerrank.com/csc127-chapter2-classwork then choose CSC127 Chapter 2-2 Scanner and String Classes Submit your .java file and a screenshot of passing all test cases on Hackerrank.

In: Computer Science

Part 2: Scheduling of Deferred Taxes From the information below, prepare Excel schedules (similar to those...

Part 2: Scheduling of Deferred Taxes

From the information below, prepare Excel schedules (similar to those on pages 13 and 14 of the chapter notes) for 2015 and 2016 to calculate deferred income taxes. Remember, when preparing the 2015 schedule, you do not know about any changes that come about in 2016 (i.e., prepare the 2015 schedule with 2015 information only). Given the following information for Company Z for 2015 (in its first year of calculating deferred income taxes):

1)   Company Z has one depreciable asset purchased January 2, 2015. The cost of the asset was $50,000. For financial statement purposes, Company Z is depreciating this asset over 10 years with no salvage value. For tax purposes Company Z is using MACRS, and the asset qualifies as a 5 year asset. Company Z has scheduled out the annual depreciation difference as follows:

                                  Straight-line    MACRS

            Year                (for financial)   (for tax)                    Difference

            2015                   $5,000          $ 10,000                      (5,000)

            2016                     5,000             16,000                    (11,000)

            2017                     5,000               9,600                      (4,600)

            2018                     5,000               5,760                         (760)

            2019                     5,000               5,760                         (760)

            2020                     5,000               2,880                      2,120

            2021                     5,000                  -0-                       5,000

            2022                     5,000                  -0-                       5,000

            2023                     5,000                  -0-                       5,000

            2024                     5,000                  -0-                        5,000

2) The company recognized $18,000 for income from its equity method investment in 2015, but received only $12,000 in dividends from this investment (and recognized $12,000 in dividend income for tax purposes).

3)   During 2015, Company Z recorded $14,000 as unearned subscription revenue, and plans to deliver the subscriptions in 2016. The IRS rules require that this amount be recognized as revenue in 2015.

4) The company also recognized estimated warranty expense of $6,000 in 2015. The warranties are expected to be paid out in 2017.

5) Pretax financial income was $200,000 in 2015, and a tax rate of 30 percent was enacted for the current and future years.

For 2016 (suggestion: use the blank column to record 2015 information, to reconcile totals across each line):

1) Assume that the depreciable asset continues to be depreciated on the methods above.

2) During 2016, the equity investment earned $30,000 and paid dividends to Company Z totaling $18,000. (Use a separate line in the schedule to record this new deferral.)

3) During 2016, $8,000 of the subscriptions were delivered. The balance will be delivered in 2017.

4) During 2016, $2,000 of the warranties was paid out. The balance will be settled in 2017.

5) Pretax financial income was $250,000 in 2016, and a tax rate of 40 percent was enacted for current and future years.

Part II.Schedule - 2015 I.T. Payable DIT
Pretax financial income
Future Deductible:
Future Taxable:
Taxable (deductible) amount
Tax rate 30% 30%
Income tax payable
DIT - liab (asset)
DIT
|
|
===
|
Journal entry - 2015:
Schedule - 2016 Prior I.T. Payable DIT
Pretax financial income
Future Deductible:
Future Taxable:
Taxable (deductible) amount
Tax rate 40% 40%
Income tax payable
DIT - liab (asset)
DIT
|
|
===
|
Journal entry - 2016:

In: Accounting

Write a Python program that performs the following list operations. Part A Define a list called...

Write a Python program that performs the following list operations.

Part A

  1. Define a list called numList with elements.

84, 94, 27, 74, 19, 90, 16, 21, 56, 50, 77, 59, 41, 63, 18, 26, 80, 74, 57, 30, 40, 93, 70, 28, 14, 11, 43,65, 91, 83, 22, 53, 74, 44, 73, 55, 47, 74, 81

  1. Display the followings:
    • All the numbers in numList
    • The number of elements in numList
    • The smallest number in numList
    • The largest number in numList
    • The sum of all the numbers in numList
    • The number of times 74 appears in numList

Part B

  1. Define an empty list called dogNames and display it.

  2. Add the following names to dogNames and display all the names in the dogNames list.

Max, Lola, Buddy, Coco, Teddy

  1. Display all the names in the dogNames list after each of the following updates.

    • Add the name ‘Benji’ at the end of the dogNames list.
    • Add the name ‘Chico’ at the beginning of the dogNames list (as the first element).
    • Add the name ‘Nala’ after the name ‘Coco’.
    • Add the name ‘Mimi’ before the name ‘Buddy’.
  2. Define another list called catNames with elements and display all the names in catNames list.

Kitty, Simba, Shadow, Coco, Pepper, Tiger

  1. Create a new list called petNames by joining the dogNames and catName list. Note that in petNames list, all the dog names come before the cat names. Display all the names in petNames list.

  2. Display the followings using petNames list.

    • The total number of names in petNames.
    • The number of times the name ‘Coco’ appears in petNames.
    • The index of the pet name ‘Coco’ in petNames.
    • The first pet name that appears in chronological order based on Unicode. Hint:Use min function.
    • The last pet name that appears in chronological order based on Unicode. Hint: Use max function.
  3. Delete the last name in petNames list and display both the deleted name and the updated petName list.

  4. Delete the first name in petNames list and display both the deleted name and the updated petName list.

  5. Delete the first occurrence of the pet name ‘Coco’ using the remove() method and the deleted name and the updated petName list.

  6. In a comment, explain the reason to get None as the deleted name in your output for part 9.

In: Computer Science

Deb Co. acquired 100% of Land Inc. on January 5, 2016. During 2016, Deb sold goods...

Deb Co. acquired 100% of Land Inc. on January 5, 2016. During 2016, Deb sold goods to Land for $2.4 million that cost Deb $1.8 million. Land still owned 40% of the goods at the end of the year. Cost of goods sold was $10.8 million for Deb and $6.4 million for Land. What was consolidated cost of goods sold?

In: Accounting

Ratios (Appendix) Miller Company's condensed income statement for 2016 and December 31, 2016, balance sheet follow:...

Ratios (Appendix)

Miller Company's condensed income statement for 2016 and December 31, 2016, balance sheet follow:


Income Statement
Sales (net) $304,400
Cost of goods sold (183,600)
Gross profit $120,800
Operating expenses (82,000)
Operating income $38,800
Interest expense (7,000)
Income before income taxes $31,800
Income taxes (10,000)
Net income 21,800
Balance Sheet
Cash $8,200 Accounts payable $18,000
Receivables (net) 14,700 Other current liabilities 6,800
Inventory 19,300 Bonds payable, 10% 70,000
Property, plant, and equipment (net) 195,800 Common stock, $10 par 80,500
Additional paid-in capital on common stock 24,000
Retained earnings 38,700
Total Assets $238,000 Total Liabilities and Shareholders' Equity $238,000

Additional information: The common stock was outstanding the entire year and is selling for $16 per share at year-end. On January 1, 2016, the inventory was $21,500, the total assets were $224,000, the accounts payable were $18,800, and the total shareholders' equity was $130,800. The company operates on a 365-day business year.

Required

For the Miller Company, compute the following ratios:

1. Gross profit margin: (Round to two decimal places.) %
2. Operating profit margin: (Round to two decimal places.) %
3. Net profit margin: (Round to two decimal places.) %
4. Total asset turnover: (Round to two decimal places.) times
5. Return on total assets: (Round to two decimal places. Round tax rate to the nearest whole percent in your intermediate calculations.) %
6. Return on common equity: (Round to two decimal places.) %
7. Current ratio: (Round to one decimal place.) : 1
8. Inventory turnover: (in days) (Round to nearest whole day.) days
9. Payables turnover: (in days) (Round to nearest whole day. Do not round your intermediate calculations.) days

In: Accounting