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 development; and why?
In: Psychology
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 and early 19th century revolutions?
In: Economics
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 $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) 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 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.
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2. Compute times interest earned for Weaver Company.
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3. What happens to each company's net income if sales increase by 20%. (Round your answers to nearest whole percent.)
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4. What happens to each company's net income if sales increase by 30%? (Round your answers to nearest whole percent.)
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5. What happens to each company's net income if sales increase by 60%? (Round your answers to nearest whole percent.)
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6. What happens to each company's net income if sales decrease by 20%? (Round your answers to nearest whole percent.)
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7. What happens to each company's net income if sales decrease by 30%? (Round your answers to nearest whole percent.)
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8. What happens to each company's net income if sales decrease by 40%? (Round your answers to nearest whole percent.)
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In: Accounting
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In: Accounting
. 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