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Explain how tulips, silver and ceramic vases reflect different types of globalization in the early modern...

Explain how tulips, silver and ceramic vases reflect different types of globalization in the early modern world

In: Psychology

Explain which factor was more influential in the early development of Chinese civilization; geography or economic...

Explain which factor was more influential in the early development of Chinese civilization; geography or economic development; and why?  

In: Psychology

Do research on the Web to learn the history of the PERT technique and identify some...

Do research on the Web to learn the history of the PERT technique and identify some of the early projects that used this technique.

In: Operations Management

Do you think Romanticism in the arts is cause or a reflection of the late 18th...

Do you think Romanticism in the arts is cause or a reflection of the late 18th and early 19th century revolutions?

In: Economics

Can someone's behavior be predicted by early brain development? Should neurology or mental illness be excused...

Can someone's behavior be predicted by early brain development?

Should neurology or mental illness be excused for a crime?

In: Psychology

Wildhorse Co. had net income of $175240 and paid dividends of $40000 to common stockholders and...

Wildhorse Co. had net income of $175240 and paid dividends of $40000 to common stockholders and $19000 to preferred stockholders in 2020. Wildhorse Co.’s common stockholders’ equity at the beginning and end of 2020 was $862000 and $1370000, respectively. Wildhorse Co.’s return on common stockholders’ equity was

11.00%.

14.00%.

10.00%.

16.00%.

In: Accounting

The equilibrium constant, Kc, for the following reaction is 77.5 at 600 K. CO(g) + Cl2(g)...

The equilibrium constant, Kc, for the following reaction is 77.5 at 600 K. CO(g) + Cl2(g) COCl2(g) Calculate the equilibrium concentrations of reactant and products when 0.576 moles of CO and 0.576 moles of Cl2 are introduced into a 1.00 L vessel at 600 K.

[CO] = M

[Cl2] = M

[COCl2] = M

In: Chemistry

Problem 11-5A Computing and analyzing times interest earned LO A1 [The following information applies to the...

Problem 11-5A Computing and analyzing times interest earned LO A1

[The following information applies to the questions displayed below.]

Shown here are condensed income statements for two different companies (both are organized as LLCs and pay no income taxes).

Miller Company
Sales $ 1,200,000
Variable expenses (80%)

960,000

Income before interest 240,000
Interest expense (fixed) 74,000
Net income $

166,000

Weaver Company
Sales $ 1,200,000
Variable expenses (60%)

720,000

Income before interest 480,000
Interest expense (fixed) 314,000
Net income $

166,000

1. Compute times interest earned for Miller Company.

Times interest earned for Miller Company
Choose Numerator: / Choose Denominator: = Times interest earned
/ = Times interest earned
/ = 0

2. Compute times interest earned for Weaver Company.

Times interest earned for Weaver Company
Choose Numerator: / Choose Denominator: = Times interest earned
/ = Times interest earned
/ = 0

3. What happens to each company's net income if sales increase by 20%. (Round your answers to nearest whole percent.)

Company Net income
Miller Co. %
Weaver Co. %

4. What happens to each company's net income if sales increase by 30%? (Round your answers to nearest whole percent.)

Company Net income
Miller Co. %
Weaver Co. %

5. What happens to each company's net income if sales increase by 60%? (Round your answers to nearest whole percent.)

Company Net income
Miller Co. %
Weaver Co. %

6. What happens to each company's net income if sales decrease by 20%? (Round your answers to nearest whole percent.)

Company Net income
Miller Co. %
Weaver Co. %

7. What happens to each company's net income if sales decrease by 30%? (Round your answers to nearest whole percent.)

Company Net income
Miller Co. %
Weaver Co. %

8. What happens to each company's net income if sales decrease by 40%? (Round your answers to nearest whole percent.)

Company Net income
Miller Co. %
Weaver Co. %

In: Accounting

Prepare a schedule that shows how the equivalent units were computed so that you can complete...

Prepare a schedule that shows how the equivalent units were computed so that you can complete the “Quantities: Units accounted for” equivalent units section shown in the production cost report, and compute October unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.)

HAMILTON PROCESSING COMPANY
Mixing and Cooking Department
Production Cost Report
For the Month Ended October 31

Equivalent Units

Quantities

Physical
Units


Materials

Conversion
Costs

Units to be accounted for

   Work in process, October 1
   (all materials, 70% conversion costs)

25,000

   Started into production

187,500

      Total units

212,500

Units accounted for

   Transferred out

150,000

   Work in process, October 31
   (60% materials, 40% conversion costs)

62,500

      Total units accounted for

212,500


Costs


Materials

Conversion
Costs


Total

Unit costs

   Total Costs

$300,000

$131,250

$431,250

   Equivalent units

   Unit costs

$ $ $

Costs to be accounted for

   Work in process, October 1

$37,500

   Started into production

393,750

      Total costs

$431,250

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In: Accounting

. Below is information about actual sales of a product for June and July and the...

. Below is information about actual sales of a product for June and July and the expected sales of August, September and October. Selling price for the product is $100.

June $230,000, July $240,000, August $220,000, September $280,000 and October $310,000. November $340,000

Costs of Goods Sold equals to 70% of Sales. The end of inventory policy is 40% of the next month of quantity sales.  

Inventory is purchased on continuous basis during the month. 60% of inventory costs are paid in the month of purchases, and 40% is paid in the following month.  

1-1 Calculate the expected purchases (units) for August and September:

            

1-2 Calculate the budgeted cash payments for August and September, assuming only payment arises from the above purchases.  

            

1-3 Cash collection Company’s cash collection policy is as follows.

60% of sales is collected in the month of sales

30% of sales is collected in the one month after the sales

8% of sales is collected in the two months after sales.

2% is generally never collected.   

Compute the expected cash collection for August, September and October.    

1-4 The company expects to have a big cash payment in October and wants to keep cash balance at the beginning for $120,000.  If cash payment and receive are only above for August and September, Do the company have enough cash at the beginning of October?  Cleraly show your calculations.

In: Accounting