Paddleboard Inc. began operations on January 1, 2016. Its post-closing trial balance at December 31, 2016 and 2017, is shown below along with some other information.

Other information:
a. All accounts payable balances result from merchandise purchases.
b. All sales are credit sales.
c. All credits to accounts receivable are receipts from customers.
d. All debits to accounts payable result from payments for merchandise.
e. All other expenses are cash expenses.

Required:
Prepare a statement of cash flows for 2017 using the direct method to report cash inflows and outflows from operating activities. (List any deduction in cash and cash outflows as negative amounts. Enter amounts in thousands, not in dollar.)

Houston crime statistics for 2016

1. Calculate measures of central tendency (Mean, Median & Mode) and measures of variation (Range and Standard Deviation) for the data. Write a sentence for each calculation explaining what that value means in the context of the data.

Cullumber Company Oriole Company 2017 2016 2017 2016 Net sales $1,856,000 $596,000 Cost of goods sold 1,079,000 298,000 Operating expenses 263,000 83,000 Interest expense 7,000 2,800 Income tax expense 75,000 34,000 Current assets 590,015 $565,462 150,838 $ 143,835 Plant assets (net) 953,508 905,000 252,908 227,720 Current liabilities 120,048 137,225 63,980 54,809 Long-term liabilities 206,322 162,900 53,612 45,250 Common stock, $10 par 905,000 905,000 217,200 217,200 Retained earnings 312,153 265,337 68,954 54,296 Compute the 2017 return on assets and the return on common stockholders’ equity for both companies. (Round all ratios to 1 decimal place, e.g. 2.5%.)

Eastern Travel Services, Inc.

Comparative Balance Sheets

December 31, 2017 and 2016

Assets

2017

2016

Current assets:

Cash

$45,000

$20,000

Accounts receivable

77,000

81,000

Inventory

60,000

19,000

Prepaid insurance

13,000

17,000

Total current assets

$195,000

$137,000

Land

$105,000

$120,000

Equipment

84,000

53,000

Less: Accumulated depreciation

(21,000)

(16,000)

Total assets

$363,000

$294,000

Liabilities

Current liabilities:

Accounts payable

$29,000

$38,000

Wages payable

28,000

22,000

Interest payable

17,000

16,000

Income taxes payable

13,000

10,000

Total current liabilities

$87,000

$86,000

Notes payable (long-term)

93,000

87,000

Total liabilities

$180,000

$173,000

Stockholders' equity

Common stock

$152,000

$120,000

Retained earnings

31,000

1,000

Total stockholders' equity

$183,000

$121,000

Total liabilities and equity

$363,000

$294,000

The comparative balance sheet for

EasternEastern

Travel​ Services, Inc., for December​ 31,

20172017

and

20162016​,

is as​ follows:

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​(Click the icon to view the comparative balance​ sheet.)                                         The following information is taken from the records of

EasternEastern

Travel​ Services, Inc.:

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​(Click the icon to view the transaction​ data.)Prepare the statement of cash flows​ (indirect method) for

EasternEastern

Travel​ Services, Inc., for

20172017.

Prepare the statement one section at a time. ​(Use parentheses or a minus sign for numbers to be subtracted and decreases in​ cash.)

a.

Land was sold for

$ 11 comma 000$11,000.

b.

Equipment was purchased for cash.

c.

There were no disposals of equipment during the year.

d.

The common stock was issued for cash.

e.

Net income for

20172017

was

$ 37 comma 000$37,000.

f.

Cash dividends paid during the year were

$ 7 comma 000$7,000.

2. On March 1, 2016, Eagle Group Inc. sold $1,000,000, 9% bonds dated January 1, 2016 for $1,105,256 plus $15,000 accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2026. On July 1, 2017 Eagle Group retired $300,000 of the bonds at 105 plus accrued interest. Eagle Group uses straight-line amortization.

   Required:

     Prepare the journal entry to record the redemption of $300,000 bonds on July 1, 2017.

3.

   One way to structure a lease to qualify it as an operating lease for the lessee, but as a capital lease for the lessor is to use different discount rates for the lessees and the lessors. State the other method to achieve the same goal.

C++
1. Start with a UML diagram of the class definition for the following problem defining
a utility class named Month.
2. Write a class named Month. The class should have an integer field named
monthNumber that holds the number of the month (January is 1, February is 2,
etc.). Also provide the following functions:
• A default constructor that sets the monthNumber field to 1.
• A constructor that accepts the number of month as an argument and sets the
monthNumber field to the passed value. Set the monthNumber to 1 if the
passed argument’s value is not a value between 1 and 12.
• A constructor that accepts the name of month, such as “January” as an
argument and sets the monthNumber field to the correct corresponding value.
Make sure this is not case sensitive, so entering “January” will return the same
value as if “JaNUary” was entered. If an invalid month is entered, set the
monthNumber to 1.
• A setMonthNumber function that accepts an integer argument to assign to
the monthNumber field. Set the monthNumber to 1 if the passed argument’s
value is not a value between 1 and 12.
• A getMonthNumber function that returns the value in the monthNumber
field.
• A getMonthName function that returns the name of the month. For example,
if the monthNumber field is 1, then this function will return “January”. Note
that this function does not accept any parameters. It looks up the
monthNumber field to make its decision.
• A function named print that prints the month number and the month name.
• Write a main program that uses the class Month and test various operations
on the objects of the class Month. Perform a series of operations to test each
of the functions and the constructors. Make sure to prompt the user to enter a
value for monthNumber as you test your code. As part of your testing,
generate a set of random numbers for month number (between 1 and 12) and
display the month number along with the month name.

Here is a possible sample run:
Using the default constructor - Month number = 1
Please enter a month number between 1 and 12: 9
Using the constructor with a parameter - Month number = 9
Now please enter a month name: aprillll
Using the constructor that accepts a month name: January
Enter a number representing a month number 12
Month number is: 12
Month name for the number you entered is: December
Testing the print function
12 December
Testing the functions to assign a month number and check month name
Generating a random number between 1 and 12: 8
Month name is: August
Generating a random number between 1 and 12: 2
Month name is: February
Generating a random number between 1 and 12: 12
Month name is: December
Generating a random number between 1 and 12: 4
Month name is: April

Another run:
Using the default constructor - Month number = 1
Please enter a month number between 1 and 12: 0
Using the constructor with a parameter - Month number = 1
Now please enter a month name: MAy
Using the constructor that accepts a month name: May
Enter a number representing a month number 123
Month number is: 1
Month name for the number you entered is: January
Testing the print function
1 January
Testing the functions to assign a month number and check month name
Generating a random number between 1 and 12: 7
Month name is: July
Generating a random number between 1 and 12: 3
Month name is: March
Generating a random number between 1 and 12: 7
Month name is: July
Generating a random number between 1 and 12: 5
Month name is: May

Term Project C++ Pet Class

Problem Specification:

Design a class named Pet, which should have the following fields:

• name: The name field holds the name of a pet.

• type: The type field holds the type of animal that a pet is. Example values are “Dog”, “Cat”, and “Bird”.

• age: The age field holds the pet’s age. The Pet class should also have the following methods:

• setName: The setName method stores a value in the name field.

• setType: The setType method stores a value in the type field.

• setAge: The setAge method stores a value in the age filed.

• getName: The getName method returns the value of the name field.

• getType: The getType method returns the value of the type field.

• getAge: The getAge method returns the value of the age field.

Once you have designed the class, design a program that creates an object of the class and prompts the user to enter the name, type, and age of his or her pet.

This data should be stored in the object. Use the object’s accessor methods to retrieve the pet’s name, type, and age and display this data on the screen.

Program Output (with Input Shown in Bold): Enter a pet name: Lucky Enter a pet type: German Shepherd Enter a pet age: 2 The pet name is Lucky The pet type is German Shepherd The pet age is 2

The cash flow statements for retailing giant​ BigBox, Inc. spanning the period 2013–2016 are found​ here: . Answer the following questions using the information found in these​ statements:

a. Did BigBox generate positive cash flow from its​ operations?

b. How much did BigBox invest in new capital expenditures over the​ period?

c. Describe​ BigBox's sources of financing in the financial markets over the period.

d. Based solely on the cash flow statements for 2013 through​ 2016, write a brief narrative that describes the major activities of​ BigBox's management team over the period.

a. Did BigBox generate positive cash flow from its​ operations? ​ (Select the best choice​ below.)

A. BigBox has generated positive cash flow from its operations during the years​ 2013, 2014,​ 2015, and 2016.

B. BigBox has generated positive cash flow from its operations during the years​ 2013, 2015, and 2016.

C. BigBox has generated positive cash flow from its operations during the years​ 2014, 2015, and 2016.

D. BigBox has generated positive cash flow from its operations during the years​ 2013, 2014, and 2016.

Direct and Indirect Methods

Dauve Company reported the following condensed income statement for 2016:

During 2016, the following changes occurred in the company's current assets and current liabilities:

Required:

1. By visual inspection, prepare the net cash flow from the operating activities section of Dauve's 2016 statement of cash flows using the indirect method. Use a minus sign to indicate cash outflows or decreases in cash.

Required:

1. By visual inspection, prepare the net cash flow from the operating activities section of Dauve's 2016 statement of cash flows using the indirect method. Use a minus sign to indicate cash outflows or decreases in cash.

2. By visual inspection, prepare the net cash flow from the operating activities section of Dauve's 2016 statement of cash flows using the direct method. Use a minus sign to indicate cash outflows, a decrease in cash or cash payments.

The shareholders’ equity of Cameron Corp. as of 31 December 2016, the end of the current fiscal year, is as follows:

$1 cumulative preferred shares, no-par, convertible at the rate of 2-for-1; 270,000 shares outstanding $9,166,000

Common shares, no-par; 1,900,000 shares outstanding 16,600,000

Common stock conversion rights 247,000 Retained earnings   30,760,000

Additional information:

• On 1 July 2016, 182,000 preferred shares were converted to common shares at the rate of 2-for-1.
• During 2016, Cameron had convertible subordinated debentures outstanding with a face value of $4,160,000. The debentures are due in 2012, at which time they may be converted to common shares or repaid at the option of the holder. The conversion rate is 10 common shares for each $100 debenture. Interest expense of $191,000 was recorded in 2016.
• The convertible preferred shares had been issued in 2010. Quarterly dividends, on 31 March, 30 June, 30 September, and 31 December, have been regularly declared.
• The company’s 2016 net earnings were $2,321,000, after tax at 25%. Common shares traded for an average price of $34, stable in each quarter of the year.
• Cameron had certain employee stock options outstanding all year. The options were to purchase 440,000 common shares at a price of $30 per share. The options become exercisable in 2013.
• Cameron had another 116,000 employee stock options outstanding on 1 January 2016, at an exercise price of $38. They expired on 30 June 2016

Required:
1. Calculate the basic Earning Per Share. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

2. Calculate the Individual effects for preferred shares (converted), preferred shares, (unconverted) and debentures. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

3. Calculate the Diluted Earning Per Share. (Do not round intermediate calculations. Round your answer to 2 decimal places.)