When companies offer new debt security issues, they publicize the offerings in the financial press and on Internet sites. Assume the following were among the debt offerings reported in December 2018:

Required:
1. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued interest.

• - Record the sale of National Equipment Transfer Corporation to underwriters.
• - Record the sale of IgWig, Inc. to underwriters.

2. Prepare the appropriate journal entries to record the first semiannual interest payment for both issues.

- Record the first semiannual payment for National Equipment Transfer Corporation.

- Record the first semiannual payment for IgWig, Inc.

Answer both please.

1. The Weber Company purchased a mining site for $687,720 on July 1. The company expects to mine ore for the next 10 years and anticipates that a total of 83,228 tons will be recovered. During the first year the company extracted 4,678 tons of ore. The depletion expense is

a.$38,640.28

b.$53,292.00

c.$63,442.80

d.$35,659.32

2. Periodic inventory by three methods; cost of goods sold

The units of an item available for sale during the year were as follows:

There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used.

Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.

Please make my Code working and pass the test but do NOT change anything in main function, thank you.

#include <iostream>

using namespace std;

void sort(int *A, int n){

for(int passes = 0;passes < 2;passes++)

{

// shift can have only two values either 0 or 16, used for shifting purpose

int shift = passes * 16;

int N = 1<<(16 + 1);

// Temporary array for storing frequency of upper or lower 16 bits

int temp[N];

// initialze all value to zero at first

for(int i = 0;i < N;i++)

temp[i] = 0;

// storing the frequecy of either lower or upper half the every number

for(int i = 0;i < n;i++){

temp[(A[i] >> shift)&0xFFFF]++;

}

// making cummulative sum of the frequecies

for(int i = 1;i < N;i++)

temp[i] += temp[i-1];

// A temporary output array for storing ns

int output[n];

// storing the number in their requied position

for(int i = n - 1;i >= 0;i--)

{

output[ temp[(A[i] >> shift)&(0xFFFF)] - 1] = A[i];

temp[ (A[i] >> shift)&(0xFFFF) ]--;

}

// copy the values of temporary output array to original array

for(int i = 0;i < n;i++){

A[i] = output[i];

}

}

}

void sort( int *A, int n);

int main()

{

int i, offset, j;

int B[10000000];

time_t t;

srand( (unsigned) time( &t ));

offset = rand()%10000000;

for( i = 0; i< 10000000; i++ )

{

B[i] = ((91*i)%10000000) + offset;

}

printf("Prepared array of 10 million integers; calling sort\n");

sort( B, 10000000);

printf("finished sort, now check result\n");

for( i=0, j=0; i < 10000000; i++ )

if( B[i] != i+ offset ) j++;

if( j == 0 )

printf("Passed Test\n");

else

printf("Failed Test. %d numbers wrong.\n", j );

}

Suppose you play a coin toss game in which you win​ $1 if a head appears and lose​ $1 if a tail appears. In the first 100 coin​ tosses, heads comes up 34 times and tails comes up 66 times. Answer parts​ (a) through​ (d) below. a. What percentage of times has heads come up in the first 100​ tosses? 34​% What is your net gain or loss at this​ point? Select the correct choice and fill in the answer box to complete your choice. A. You have lost ​$ 32. ​(Type an​ integer.) B. You have gained ​$ nothing. ​(Type an​ integer.) b. Suppose you toss the coin 200 more times​ (a total of 300​ tosses), and at that point heads has come up 37​% of the time. Is this change in the percentage of heads consistent with the law of large​ numbers? Explain. A. The change is consistent with the law of large numbers​ because, as the number of trials​ increases, the proportion should grow closer to​ 50%. B. The change is consistent with the law of large numbers. Because the percentage is low the first 100​ trials, it has to be higher the next 200 trials to even out. C. The change is not consistent with the law of large numbers​ because, as the number of trials​ increases, the proportion should grow closer to​ 50%. D. The change is not consistent with the law of large​ numbers, because the trials are not independent. What is your net gain or loss at this​ point? Select the correct choice and fill in the answer box to complete your choice. A. You have gained ​$ nothing. ​(Type an​ integer.) B. You have lost ​$ nothing. ​(Type an​ integer.) c. How many heads would you need in the next 100 tosses in order to break even after 400​ tosses? Is this likely to​ occur? Select the correct choice and fill in the answer box to complete your choice. A. You would need to toss nothing heads. This is likely because so few heads have been tossed so far. B. You would need to toss nothing heads. This is unlikely as it is far from the expected number of heads. C. You would need to toss nothing heads. This is likely because it is close to the expected number of heads. d. Suppose​ that, still behind after 400​ tosses, you decide to keep playing because you are due for a winning streak. Explain how this belief would illustrate the​ gambler's fallacy. A. This illustrates the​ gambler's fallacy because eventually there will be a winning streak. B. This illustrates the​ gambler's fallacy​ because, due to the law of large​ numbers, the probability of getting heads must now be more than 0.5. C. This illustrates the​ gambler's fallacy because the number of heads cannot be under​ 50% all the time. D. This illustrates the​ gambler's fallacy because the probability of getting heads is always 0.5.

THE MARKET FOR APPLE PIES IN THE CITY ECTENCIA IS COMPETITIVE AND HAS THE FOLLOWING DEMAND SCHEDULE.

EACH PRODUCER IN THE MARKET HAS A FIXED COST OF $9 AND THE FOLLOWING MARGINAL COST.

COMPLETE THE FOLLOWING TABLE BY COMPUTING THE TOTAL COST AND AVERAGE TOTAL COST FOR EACH QUANITY PRODUCED.

THE PRICE OF THE PIE IS NOW $11

AT A PRICE OF $11, ___??? PIES ARE SOLD IN THE MARKET. EACH PRODUCER MAKES___ ???PIES. SO THERE ARE ____?? PRODUCERS IN THIS MARKET, EACH MAKING A PROFIT OF $____???

TRUE OR FALSE: THE MARKET IS IN LONG RUN EQUILIBRIUM

SUPPOSE IN THE LONG RUN THERE IS FREE ENTRY AND EXIT.

IN THE LONG RUN, EACH PRODUCER EARNS A PROFIT OF $_____???. THE MARKET PRICE IS $____???. AT THIS PRICE, ___??? PIES ARE SOLD IN THIS MARKET, AND EACH PRODUCER MAKES ___??? PIES, SO THERE ARE ____??? PRODUCERS OPERATING.

You are long 2 contracts of 1-yr call on MSFT with strike (K) of $220, and also long 2 contracts of 1-yr call on MSFT with strike (K) of $120. What will be your payoff if MSFT price at expiry (S_T) is $100?

You are long 2 contracts of 1-yr call on MSFT with strike (K) of $220, and also long 2 contracts of 1-yr call on MSFT with strike (K) of $120. What will be your payoff if MSFT price at expiry (S_T) is $150?

You are long 2 contracts of 1-yr call on MSFT with strike (K) of $220, and also long 2 contracts of 1-yr call on MSFT with strike (K) of $120. What will be your payoff if MSFT price at expiry (S_T) is $250?

You are long 2 contracts of 1-yr call on MSFT with strike (K) of $220, and also long 2 contracts of 1-yr call on MSFT with strike (K) of $120. What will be your payoff if MSFT price at expiry (S_T) is $200?

You are long 2 contracts of 1-yr call on MSFT with strike (K) of $220, and also long 2 contracts of 1-yr call on MSFT with strike (K) of $120. What will be your payoff if MSFT price at expiry (S_T) is $300?

Policy Perspective Suppose the monthly market demand schedule for Frisbees is

Price $8 $7 $6 $5 $4 $3 $2 $1

Quantity demand 1,000 2,000 4,000 8,000 16,000 32,000 64,000 150,000

Suppose further that marginal and average costs of Frisbee production for every competitive firm are

Rate of output 100 200 300 400 500 600

Marginal cost $2.00 3.00 4.00 5.00 6.00 7.00

Average Cost $2.00 2.00 3.00 3.50 4.00 4.50

Finally, assume the equilibrium market price is $6 per frisbee

a. Draw the cost curve of the typical firm

b. Draw the market demand curve and identify market equilibrium

c. How many frisbees are being sold in equilibrium

d. How many identical firms are initially producing frisbees

e. How much profit is the typical firm making

f. In view of the profits being made, more firms will want to get into frisbee production. In the long run, these new firms will shift the market supply curve to the right and push the price down to the minimum average total cost, thereby eliminating profits. At what equilibrium price are all profits eliminated?

g. How many firms will be producing Frisbees at this price?

The market for apple pies in the city of Ectenia is competitive and has the following demand schedule:

Demand Schedule

Each producer in the market has a fixed cost of $6 and the following marginal cost:

Complete the following table by computing the total cost and average total cost for each quantity produced.