JSN Enterprise is evaluating its financing requirements for the
coming year. The firm has
only been in business for 1 year, but its CFO predicts that the
firm's operating expenses,
current assets, net fixed assets, and current liabilities will
remain at their current
proportion of sales. Last year JSN had $14 million in sales with
net income of $1.4
million. The firm anticipates that next year's sales will reach $15
million with net income
rising to $2 million. Given its present high rate of growth, the
firm retains all its earnings
to help defray the cost of new investments. The firm's balance
sheet for the year just
ended is found below:
| Balance Sheet | ||
| 12/31/2001 | % of Sales | |
| Currentassets | $4,000,000 | 25% |
| Netfixedassets | 6,000,000 | 50% |
| Total | $10,000,000 | |
| LiabilitiesandOwners'Equity | ||
| Accountspayable | $4,000,000 | 25% |
| Long-termdebt | 1,000,000 | NA |
| Totalliabilities | $5,000,000 | |
| Commonstock | 2,000,000 | NA |
| Paid-incapital | 1,900,000 | NA |
| Retainedearnings | 1,100,000 | |
| Commonequity | 5,000,000 | |
| Total | $10,000,000 | |
Estimate JSN’s total financing requirements (i.e., total assets)
for 2002 and its net funding
requirements (DFN).
In: Finance
1. If a country signs a trade agreement so that employment in some industries rises and employment in some industries fall, then
|
a. |
structural unemployment rises permananently. |
|
|
b. |
frictional unemployment rises temporarily. |
|
|
c. |
frictional unemployment rises permanently. |
|
|
d. |
structual unemployment rises temporarily. |
2.Between 2002 and 2014, employment
|
a. |
increased in construction and manufacturing. |
|
|
b. |
declined in construction and increased in manufacturing. |
|
|
c. |
declined in construction and manufacturing. |
|
|
d. |
declined in manufacturing and increased in construction. |
3. According to 2014 data on the U.S. population, which of the following was correct for the adult population of prime working age, ages 25-54?
|
a. |
Black females had similar labor-force participation rates and higher unemployment rates compared to white females. |
|
|
b. |
Black females had higher labor-force participation rates and lower unemployment rates compared to white females. |
|
|
c. |
Black females had lower labor-force participation rates and higher unemployment rates compared to white females. |
|
|
d. |
Black females had both lower labor-force participation rates and lower unemployment rates compared to white females. |
In: Economics
Question 6-32, Management Accounting 6th Edition
Pricing, customer profitability, managing customer relationships
Read the Wall Street Journal Article, “Survival Strategies: After Cost Cutting, Companies Turn toward Price Increases,” by Timothy Aeppel (September 18, 2002, p. A1). The article reports “an all-out search for new ways to change more money without raising prices.”
How did Jergens, Inc., use an activity-based costing approach to justify the price for an order of odd-size metal locating fasteners?
What issues arose in Goodyear Tire & Rubber’s Pricing to distributors? What was Goodyear’s response?
What was the outcome of Emerson Electric’s decision to depart from cost-based pricing? How can a product costing system contribute to under-costing a low-volume or customized product?
How did Wildeck influence customer to purchase products and services that are more profitable to Wildeck? What role should a cost-system play in such decisions?
Why was Union Pacific not concerned if it lost its less profitable customers? Will dropping unprofitable customers always lead to an immediate increase in profit?
In: Accounting
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" versus "# AIDS cases diagnosed" (plot the scatter plot). Do not include pre-1981 data. Perform linear regression. Write the equations. (Round your answers to the nearest whole number. Round r to four decimal places.)
(a) Linear Equation: ŷ
= + x
(b) a =
(c) b =
(d) r =
(e) n =
In: Statistics and Probability
Brock received 800 shares of Jackson Corporation stock from his uncle as a gift on July 20, 2018 when the stock had a $176,000 FMV. His uncle paid $80,000 for the stock on April 12, 2002. The taxable gift was $176,000, because his uncle made another gift to Brock for $25,000 in January and used the annual exclusion. The uncle paid a gift tax of $26,400. Without considering the transactions below, Brock's AGI is $35,000 in 2019 No other transactions involving capital assets occur during the year.
Analyze each transaction below, independent of the others, and determine Brock's
AGI in each case. (Do not round intermediary calculations. Only round the amounts you input in the cells to the nearest dollar. Use a minus sign or parentheses to enter a loss.)
|
a. |
He sells the stock on October 12, 2019, for $182,500. |
|---|---|
|
b. |
He sells the stock on October 12, 2019, for $93,100. |
|
c. |
He sells the stock on December 16, 2019, for $174,000. |
|
AGI prior to sale of stock |
+ |
Gain (loss) on sale of stock |
= |
AGI |
|---|
A. 35000 + __________________________ = _______
B 35000 + ___________________________ = _______
C 35000 + __________________________ = _______
In: Accounting
what changes could hosptials, physicans, pharamaceutial companies. and insurance companies make to their business models to postion themmore advantageously for the future?
In: Economics
How do income and total assets fluctuate with changes in key assumptions?
the key assumptions are not provided. The questions is generalized for a streaming platform.
In: Finance
Trace the development of political parties and changes that occurred since its establishment. •
Identify voters depression methods that are implemented in our society.
In: Economics
What is the “driving force” for a spontaneous physical or chemical change? In other words, why do spontaneous physical and/or chemical changes occur?
In: Chemistry
Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be?
In: Economics