Ringmeup had a net income of 165200 for the year ended Dec31,2016At the beginning of the year 37000 sharesof common stockwere outstanding. On May1 an additional 15000 shares were issued. On Dec2. the Comp purchased 4900 shares of its own common stock and held them as treasury stock until the end of the year. During the year Ringmeup paid annual divedend of 8000 shares of 3.80% 100 per value preferred stock that were outstanding the entire year. Calculate basic earning per share of common stock that were outstanding the entire year
In: Accounting
In a survey of four-year colleges and universities, it was found that 255 offered a liberal arts degree. 110 offered a computer engineering degree. 481 offered a nursing degree. 30 offered a liberal arts degree and a computer engineering degree. 211 offered a liberal arts degree and a nursing degree. 86 offered a computer engineering degree and a nursing degree. 25 offered a liberal arts degree, a computer engineering degree, and a nursing degree. 33 offered none of these degrees.
A. How many four-year colleges and universities were surveyed? There were ___four-year colleges and universities surveyed. Of the four-year colleges and universities surveyed, how many offered
B. a liberal arts degree and a nursing degree, but not a computer engineering degree? There are ____ four-year colleges and universities that offer a liberal arts degree and a nursing degree, but not a computer engineering degree.
C. a computer engineering degree, but neither a liberal arts degree nor a nursing degree? There are ____ four-year colleges and universities that offer a computer engineering degree, but neither a liberal arts degree nor a nursing degree.
D. a liberal arts degree, a computer engineering degree, and a nursing degree? There are ____ four-year colleges and universities that offer a liberal arts degree, a computer engineering degree, and a nursing degree. Enter your answer in each of the answer boxes.
In: Math
| PARAMETERS FOR BASELINE CASE | ||||
| The following numbers are estimates for the upcoming year for a manufacturing company. | ||||
| Since the company is effective at implementing a JIT inventory system, assume there is | ||||
| no beginning or ending inventory. | ||||
| No. of units sold | 120,000 | |||
| Selling price per unit | $240.00 | |||
| Fixed Expenses | Variable Expenses (per unit sold | |||
| Production costs: | ||||
| Direct materials | $18.00 | |||
| Direct labor | 36.00 | |||
| Factory overhead | $2,160,000 | 24.00 | ||
| Marketing expenses: | ||||
| Sales salaries and commissions | 540,000 | 7.50 | ||
| Advertising | 360,000 | |||
| Miscellaneous mktg. expenses | 108,000 | |||
| Administration expenses: | ||||
| Office salaries | 720,000 | |||
| Supplies | 105,000 | 1.50 | ||
| Miscellaneous admin. expenses | 72,000 | |||
| TOTAL EXPENSES | $4,065,000 | $87.00 | ||
Prepare a contribution margin income statement (also called a variable-costing income statement) for the manufacturing company for the upcoming year. Key in proper headings.
Check figure: Operating profit (operating income) of $14,295,000.
Compute the company’s contribution margin per unit and contribution margin percentage for the upcoming year. The contribution margin percentage is calculated as contribution margin per unit / selling price per unit or as total contribution margin / total revenue. Make these calculations below your income statement. Clearly label these calculations.
Calculate the company’s breakeven point in units for the upcoming year. Make this calculation below your contribution margin calculations. Use Excel’s “round” function to round up to the nearest whole number. To do this, move your curser to the cell beside the decimal number and key in the following formula: =ROUNDUP(cell reference,0). The italicized cell reference means you need to key in the cell where the decimal number is located (e.g., F12). The number 0 means zero decimal places. Clearly label this calculation.
Calculate the company’s breakeven point in sales dollars for the upcoming year. Make this calculation below your breakeven calculation in units and use the company’s contribution margin percentage to make this calculation. Clearly label this calculation.
In: Accounting
The Bartlesville plant of Harmon Company produces an industrial chemical. at the beginning of the year, the Bartlesville plant had the following standard cost sheet:
Direct material: (10 pounds @ $1.60) $16.00
Direct labor: (0.75 hours @ $18.00) $13.50
Variable overhead: (0.75 @ $4.00) $3.00
Fixed overhead: (0.75 @ $3.00) $2.25
_____
Standard cost per unit $34.75
The Bartlesville plant computes its overhead rates using practical volume, which is 72,000 units. The actual results for the year are as follows:
a. Units produced: 70,000.
b. Direct materials purchased: 744,000 pounds @ $1.50 per pound.
c. Direct materials used: 736,000 pounds.
d. Direct labor: 56,000 hours @ $17.90 per hour.
e. Fixed overhead: $214,000
f. Variable overhead: $175,400
Required:
1. Calculate all the following variances: (MUST show work)
a. Direct materials price and efficiency variances
b. Direct labor price and efficiency variances.
c. Variable overhead price and efficiency variances.
d. Fixed overhead price and efficiency variances.
2. Record all the necessary journal entries for:
a. Materials purchases.
b. Materials used in production.
c. Direct labor costs incurred in production.
d. Actual variable overhead costs incurred.
e. Variable overhead costs applied.
f. Actual fixed overhead costs incurred.
g. Fixed overhead costs applied.
h. Recognition of variable overhead variances.
i. Recognition of fixed overhead variances.
j. Closing of all the variance accounts
In: Accounting
A UK lottery prize pays 1000$ at the end of the first year, 2000$ at the second, 3000$ the third, and so on for 20 years. If there is only one prize in the lottery, 10000 tickets are sold, and you could invest your money elsewhere at 15 percent interest, how much is each ticket worth, on average ?
Answer : 3.98 $
Can anyone solve it by converting Arithmetic Series to Annuity first, and then converting Annuity to Present Value ? When I solve it, I am getting the answer 3.35.
Please dont solve it by calculating every year separately. Thanks
In: Economics
Roquan is an attorney and practices as a sole proprietor. This year, Roquan, who is single, had net business income of $90,000 from his law practice. Assume that Roquan pays $40,000 wages to his employees, he has $10,000 of property (unadjusted basis of equipment he purchased last year), has no capital gains or qualified dividends, and his taxable income before the deduction for qualified business income is $100,000. (Leave no answer blank. Enter zero if applicable.) Required: Calculate Roquan’s deduction for qualified business income. Assume the same facts as earlier, except Roquan’s taxable income before the deduction for qualified business income is $300,000.
a. Calculate Roquan’s deduction for qualified business income.
b. Assume the same facts as earlier, except Roquan’s taxable income before the deduction for qualified business income is $300,000.
In: Accounting
If we are lucky, there may be a vaccine available for COVID-19 in the next year or so. However, vaccine hesitancy among parents (for their children) as well as among adults (for themselves) exists in the United States which may limit the country's ability to control the COVID-19 pandemic in the United States. As a health psychologist, you have been given the job of using a theory of health behavior change to design a multi-level public intervention to increase the rate of COVID-19 vaccine uptake once it has been found to be effective. Using one or more theories of health behavior change (see Health Behavior Theories in Gurung, Chapter 7 and slides from 6/15 and 6/22), please briefly describe 3 behavior change strategies that encompass multiple levels including strategies that, 1) medical and other social service providers can use with individual patients/families to get them to get the vaccine and/or vaccinate their children; 2) social strategies, including strategies for changing social norms about the benefits of getting the vaccine, and 3) structural strategies including ease of obtaining the vaccine such as the availability, price, amount of time required, etc.
Please be specific regarding which theory (or theories) you are using and the corresponding strategy. For example, using the Theory of Planned Behavior, you might focus on changing parental attitudes about getting the vaccine by creating an instagram posts/videos for parents that focus on the way they value their children's education. The video would demonstrate that by getting the vaccine, it will enable their child - and their child's friends - to be able to attend school in-person.
Describe 3 health behavior strategies and the corresponding theory of health behavior change for increasing the uptake of the potential COVID-19 vaccine.
In: Psychology
What is the value today of a money machine that will pay $4,389.00 per year for 21.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 7.00%.
Answer format: Currency: Round to: 2 decimal places.
What is the value today of a money machine that will pay $1,782.00 every six months for 21.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 10.00%.
Answer format: Currency: Round to: 2 decimal places.
Could really use the help! am trying to understand the process
In: Finance
In Python
Create a function called ????. The function receives a "string" that represents a year (the variable with this "String" will be called uve) and a list containing "strings" representing bank accounts (call this list ????).
• Each account is represented by 8 characters. The format of each account number is "** - ** - **", where the asterisks are replaced by numeric characters.
o For example, “59-04-23”.
• The two central characters of the "string" of each account represent the year in which the account was created.
o For example, the account “59-04-23” was created in 2004.
o Assume that all years are from the year 2000 onwards.
• The year in uve is represented by four characters.
o For example, "2001"
• The function must return a list with all the accounts that were created in the year indicated in ???, with each counts without the “-“ symbols.
o For example, if the accounts are [“49-01-26”, “19-01-33”, “99-01-53”, “59-04-23”] and the year of interest is "2001", then the function should return ["490126", "190133", "990153"]; note that the accounts continue in the form of a "string".
• In addition, the function must return the percentage of accounts that were created in the year indicated by ???.
o For example, if the accounts are [“49-01-26”, “19-01-33”, “99-01-53”, “59-04-23”] and the year of interest is "2001", so the function should return 75% (three accounts were created in 2001, and there are four accounts, therefore 100 × 3/4 = 75%)
In: Computer Science
A manager receives a forecast for next year. Demand is projected to be 528 units for the first half of the year and 960 units for the second half. The monthly holding cost is $2 per unit, and it costs an estimated $55 to process an order.
a. Assuming that monthly demand will be level during each of the six-month periods covered by the forecast (e.g., 88 per month for each of the first six months), determine an order size that will minimize the sum of ordering and carrying costs for each of the six-month periods. (Round your answers to the nearest whole number.)
Period Order Size
1 – 6 months units
7 – 12 months units
b. If the vendor is willing to offer a discount of $10 per order for ordering in multiples of 50 units (e.g., 50, 100, 150), would you advise the manager to take advantage of the offer in either period? If so, what order size would you recommend? (Round intermediate calculations to 2 decimal places.)
Period Order Size
1 – 6 months units
7 – 12 months units
In: Operations Management