A battery can provide a current of 3.4 A at 2.2 V for 1.5 hr. How much energy (in kj) is produced?

What is the % concentration (m/v) of a solution prepared by dissolving 10.0g of NaOH in enough water to make 225mL of solution?

A communication satellite is in circular orbit of a radius 2 DU.find minimum delta-v required to double the altitude of satellite.

Exercise 5.5. Zavier Company must make three adjusting entries on December 31, 2016.

1. Supplies used, $11,000; (supplies totaling $18,000 were purchased on December 1, 2016, and debited to the Supplies account).
2. Expired insurance, $8,200; on December 1, 2016, the firm paid $49,200 for six months’ insurance coverage in advance and debited Prepaid Insurance for this amount.
3. Depreciation expense for equipment, $5,800.

Make the journal entries for these adjustments and post the entries to the general ledger accounts: Use paid 3 of the general journal for the adjusting entries. Use the following accounts and numbers.

            Supplies                                  121

            Prepaid Insurance                131

            Accum. Depr. – Equip.         142

            Depreciation Exp. – Equip. 517

            Insurance Expense                521

            Supplies Expense                  523

Using Percentage-of-Completion and Completed Contract Methods

Halsey Building Company signed a contract to build an office building for $40,000,000. The scheduled construction costs follow.

The building is completed in 2018.
For each year, compute the revenue, expense, and gross profit reported for this construction project using each of the following methods.

a. Percentage-of-completion method

b. Completed contract method

1. Suppose you are asked to select a sample of Hampshire County 2016 single family home prices in order to estimate the 2017 mean price of homes in Hampshire County. Your firm uses the mean price when doing market analysis for the homes they list. The standard deviation for 2016 home prices was $50,000. Your firm wants a margin of error no larger than $15,000. Assuming the 2017 standard deviation will be equal to the 2016 standard deviation:

a. What size sample should you draw if you want a 95% level of confidence?

2. Because the population mean and standard deviation are unknown, you will need to use t‐values to create the confidence intervals. What are the appropriate t‐values for a:

a. 95% confidence interval?

In 2016, the US ran a $347 billion trade deficit in good with China and $65 billion trade deficit with Germany. Meanwhile, the gross national savings to GDP ratio was 46% in China, 28% in Germany, and 18% in the US in 2016. (the average were 42%, 24%, and 19%, respectively during 1980-2016.) President Trump frequently accused both countries of currency manipulation, which, he argued, caused the US trade deficit. a.) In light of this information and based on your understanding of the national income accounting and determinants of current account balances, explain what are the implicit explanations for the US trade deficit with China and Germany here? b.) To improve the US current account balance with China and Germany what would you reccomend?

Kingston, Inc., acquired a patent on January 1, 2016 for $40,000 cash. The patent was estimated to have a useful life of 10 years with no residual value, and the firm decided to use straight-line amortization. On January 1, 2017, management determined that the remaining useful life was actually only 6 years. On June 30, 2018, the patent was sold for $25,000.

1.Show the journal entry to record the acquisition of the patent on January 1, 2016 (3 points).

2. Show the journal entry to record amortization of the patent for 2016 (3 points).

3. Compute the amount of amortization that would be recorded for 2017 (3 points).

4.. Prepare the journal entry to record the sale of the patent on June 30, 2018 (4 points).

Following information is extracted from the books of GMN Limited:
a. Current Accounts
 2016: CA = 22,900; CL = 15,300
 2015: CA = 17,600; CL = 12,400
b. Fixed Assets and Depreciation
 2016: NFA = 98,100; 2015: NFA = 75,700
 Depreciation Expense = 2700
c. Long-term Debt and Equity (R.E. not given)
 2016: LTD = 47,000; Common stock & APIC = 1,400
 2015: LTD = 35,850; Common stock & APIC = 1,400
d. Income Statement
 EBIT = 22,000; Taxes = 1400
 Interest Expense = 2,840; Dividends = 2,700
Required:
i. Compute the cash flow from asset for GMN Limited:
ii. Comment on usefulness of cash flow from asset in financial decision making.