Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 55 units from beginning inventory and 185 units from the March 5 purchase; the March 29 sale consisted of 35 units from the March 18 purchase and 75 units from the March 25 purchase.

DO ALL 4!!!

4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 55 units from beginning inventory and 185 units from the March 5 purchase; the March 29 sale consisted of 35 units from the March 18 purchase and 75 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)

We are going to retire at age 65. To do this we wish to have some money set aside to help us survive the rest of our life. Let’s suppose that we wish for an annuity to be set up so that we can take out $6000 every quarter for 15 years (until age 80). An annuity that you receive money from is sometimes referred to as a payout annuity. Let’s suppose further that this annuity will get 6% interest compounded quarterly.

1. What type of problem is this? {Future Value (FV), Present Value (PV), Sinking Fund (S), or Amortization(A)} _________________

How much must we invest (at age 65) for this to happen? ___________________

Now in order to have this money to invest we needed to start saving for it a long time before we are 65. Let’s start saving at age 25. (Let’s set up a sinking fund)

2. How much money would we need to put away monthly into an ordinary annuity that earns 12% compounded monthly in order to get to our goal? (12% is a somewhat realistic return for a good IRA depending, of course, on how the stock market does) ________________

3. What would be our monthly value if we had started saving at age 35 instead of 25? _______________

How much are we earning???

We will compare what we get out to what we put in.

4. First, how much are we getting out? At age 65 we will start to receive payments until age 80. What is the total of all of these payments coming out of the first annuity described in this problem? ___________

5. Second calculate the total invested into the sinking funds; Starting at age 25 ___________

Starting at age 35___________

The difference is how much you are earning (in interest) 6. Calculate how much interest is earned starting at age 25. _________

Calculate how much interest is earned starting at age 35.__________

What is the difference by starting at an earlier age? _______________

June is a cash basis taxpayer, and is a fashion and makeup consultant in a high fashion company, Curlylocks, Inc. She earned a salary of $60,000. She also was provided a disability income protection policy for which Curlylocks paid a $1,500 premium for June's insurance. The company also provided health insurance for her which cost the company $15,000, and long term care insurance for her which Curlylocks paid a $1,000 premium. Her salary would have been $65,000, but she was paying off her school loan at $5,000/year and Curlylocks agreed to reduce her salary by $5,000 and to pay $5,000/year amount toward her school loan for her. The long-term care insurance policy was provided for all employees, to help to pay for future nursing home costs if needed, the health care and disability insurance were likewise provided for all. While her salary was $60,000, Curlylocks Inc. had a 401(k) plan and June voluntarily put $3,000 of her $60,000 salary, 5% of it, into her 401(k). Her employer Curlylocks matched that with a $3,000 contribution of its own money into her 401(k). What is June's taxable income from Curlylocks this year?June is a cash basis taxpayer, and is a fashion and makeup consultant in a high fashion company, Curlylocks, Inc. She earned a salary of $60,000. She also was provided a disability income protection policy for which Curlylocks paid a $1,500 premium for June's insurance. The company also provided health insurance for her which cost the company $15,000, and long term care insurance for her which Curlylocks paid a $1,000 premium. Her salary would have been $65,000, but she was paying off her school loan at $5,000/year and Curlylocks agreed to reduce her salary by $5,000 and to pay $5,000/year amount toward her school loan for her. The long-term care insurance policy was provided for all employees, to help to pay for future nursing home costs if needed, the health care and disability insurance were likewise provided for all. While her salary was $60,000, Curlylocks Inc. had a 401(k) plan and June voluntarily put $3,000 of her $60,000 salary, 5% of it, into her 401(k). Her employer Curlylocks matched that with a $3,000 contribution of its own money into her 401(k). What is June's taxable income from Curlylocks this year?

1. On January 1, 2016 Du Lac Company purchased office equipment that cost $16,000 cash. The equipment had a five year useful life and a $1,200 expected salvage value. Using straight line depreciation, determine the amount of depreciation expense and the amount of accumulated depreciation that would appear on the December 31, 2018 financial statements. A) $2,960 / $2,960. B) $2,608 / $7,824. C) $2,960 / $8,880. D) $2,600 / $7,800. Input the Letter answer from above

2. On January 1, 2016 Du Lac Company purchased office equipment that cost $16,000 cash. The equipment had a five year useful life and a $1,200 expected salvage value. Assume that Du Lac Company earned $5,000 cash revenue in 2018. Using straight line depreciation and assuming that the office equipment was sold on 12/31/18 for $6,000, the amount of net income or net loss appearing on the December 31, 2018 income statement would be: A) $2,040. B) $2,960. C) $2,760. D) $920. Input the Letter answer from above .

3.On January 1, 2016 Du Lac Company purchased office equipment that cost $16,000 cash. The equipment had a five year useful life and a $1,200 expected salvage value. If Du Lac Company had used the double-declining balance depreciation method, the depreciation expense appearing on the 2018 income statement would be: A) $2,131. B) $2,304. C) $5,920. D) $6,420. Input the correct letter answer

An Initial Public Offering (IPO) is a major milestone for a company. This is a very expensive and time-consuming process. It does not come without a lot of forethought and judicial weighing of the pros and cons. We will start this conversation by looking at some of the reasons why a company would decide to take the steps to become a publicly traded corporation. What pros and cons have to be weighed?

Instructions - Use the numbers in the instructions to organize your post and ensure that you meet all requirements.

1. The #1 benefit of an IPO is the capital that is raised. List one additional way a company would benefit from an IPO. Explain in one paragraph.

2. List one use of additional capital. Explain the benefit in one paragraph.

3. Many changes in reporting standards have been enacted as a result of financial scandals. Identify one specific change in reporting standards or requirements for publicly traded companies and explain why this is important. Identify the change by the title of the act or section number.

NOTE: The Sarbanes-Oxley Act is the most frequently mentioned changed. It contains many individual provisions. Break it down to one provision that has not been mentioned by a classmate. There are a number of more recent changes to select from as well.

Elaborate from this list below who loses from Globalization and International Business:
Select one:
a. Governments lose sovereign rights when they join trade blocks.
b. The environment always loses as businesses pollute more and escape laws.
c. Low-wage earners lose in the developed countries, unless there are substantial re-training programs
d. Small companies lose as large businesses acquire more and more power
e. All of the above have some truth.

who are the investors from apple inc. ?

describes from apple inc.

Liabilities Contingences

bonds

Earnings per share

stockholders equity

Investments

Xin Xiao gets a text message from his dad from Guangzhou, who has a history of kidney stones, that a kidney stone has been found lodged in his the ureter associated with his right kidney. The resulted complete blockage of his right ureter, blocking the flow of urine out of the right kidney. What effect will this have on glomerular filtration rate for the kidney? Be specific as possible. How does this impact his left kidney AND does this have an overall impact on Xin Xiao’s dad’s urinary function (ie. Removal of wastes and urine production in general)?

The grade appeal process at a university requires that a jury be structured by selecting five individuals randomly from a pool of eight students and thirteen faculty.​

(a) What is the probability of selecting a jury of all​ students?

(b) What is the probability of selecting a jury of all​ faculty?

(c) What is the probability of selecting a jury of three students and two ​faculty?

​​(Round to five decimal places as​ needed.)

A university system enrolling thousands of students needs to determine how many credit hours, on the average, each student takes per quarter. From previous studies, the population standard deviation is known to be 2.3 credit hours per quarter. Suppose the administration wanted to estimate the mean to within 0.1 hours with 95% confidence. How large a sample would they need to take?