1. Financial Statements for Partnership

   The ledger of Camila Ramirez and Ping Xue, attorneys-at-law, contains the following accounts and balances after adjustments have been recorded on December 31, 20Y2:

   Ramirez and Xue
   Trial Balance
   December 31, 20Y2
   	Debit Balances		Credit Balances
   Cash	53,800
   Accounts Receivable	51,200
   Supplies	1,900
   Land	128,000
   Building	137,800
   Accumulated Depreciation—Building			80,000
   Office Equipment	58,900
   Accumulated Depreciation—Office Equipment			24,800
   Accounts Payable			38,100
   Salaries Payable			4,100
   Camila Ramirez, Capital			130,000
   Camila Ramirez, Drawing	57,600
   Ping Xue, Capital			76,800
   Ping Xue, Drawing	83,200
   Professional Fees			461,300
   Salary Expense	186,900
   Depreciation Expense—Building	18,600
   Property Tax Expense	11,500
   Heating and Lighting Expense	9,200
   Supplies Expense	6,700
   Depreciation Expense—Office Equipment	5,800
   Miscellaneous Expense	4,000
   	815,100		815,100

   The balance in Xue' capital account includes an additional investment of $13,000 made on May 5, 20Y2.

   Required:

   1. Prepare an income statement for 20Y2, indicating the division of net income. The partnership agreement provides for salary allowances of $50,000 to Ramirez and $61,000 to Xue, allowances of 10% on each partner's capital balance at the beginning of the fiscal year, and equal division of the remaining net income or net loss.

   Ramirez and Xue Income Statement For the Year Ended December 31, 20Y2
   Operating expenses:
   Total operating expenses
   		$

   Ramirez and Xue Division of Income For the Year Ended December 31, 20Y2
   	Camila Ramirez	Ping Xue	Total
   Division of net income:
   Salary allowance
   Interest allowance
   Remaining income
   Net income

   2. Prepare a statement of partnership equity for 20Y2. If any amounts are zero, enter in "0".

   Ramirez and Xue Statement of Partnership Equity For the Year Ended December 31, 20Y2
   	Camila Ramirez	Ping Xue	Total
   Balances, January 1, 20Y2
   Capital additions
   Net income for the year
   Partner withdrawals
   Balances, December 31, 20Y2	$	$	$

   3. Prepare a balance sheet as of the end of 20Y2.

   Ramirez and Xue Balance Sheet December 31, 20Y2
   Assets
   Current assets:
   Total current assets			$
   Property, plant, and equipment:
   Total property, plant, and equip.
   Total assets			$
   Liabilities
   Current liabilities:
   Total liabilities
   Partners' Equity
   Total partners' equity
   Total liabilities and partners' equity			$

The following information is used for the following two questions. Ping and Slazenger Company (its 90% owned affiliate) reported the following income information for year X1: Ping Slazenger Revenue 300,000 100,000 Cost of Sales 120,000 40,000 Selling, General, and Adm Expenses 40,000 20,000 Depreciation 20,000 10,000 Investment Income ? Total Net Income ? 30,000 During Year X1, Slazenger made sales of $20,000 to Ping. Slazenger’s Cost of Sales was $10,000. As of 12/31/X1, Ping had still owned 60% of the units acquired from Slazenger. Based on this information, how much Consolidated Income should Ping report? Select one: a. $140,000 b. $144,000 c. $146,000 d. $150,000 e. None of the Above

The next two questions are based on the following information: Assume that Meridian Company acquired 1,000 shares of of Slim Company's common stock for $10 per share on 1/1/X1 and adopted the fair value (FV) accounting method. On 1/1/X1, Slim had 10,000 shares outstanding and its equity book value included $50,000 Capital Stock and $50,000 of Retained Earnings. During year X1, Slim reported a $50,000 net income and paid dividends of $1 per share. on 12/31/X1, Slim's stock traded at $16 per share. How much investment income should Meridian recognize in year X1?

Select one:

a. $1,000

b. $5,000

c. $6,000

d. $7,000

e. None of the Above

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This question is a continuation of the previous question about Meridian and Slim. On 1/1/X2, Meridian purchased 5,000 shares of Slim stock for $17 per share and elected Meridian's CEO and CFO to Slim's Board of Directors. An appraisal of Slim's assets could not identify any asset groups that were mis-valued. During year X2, Slim reported earnings per common share of $6 and paid a dividend of $1 per share. On 12/31/X2, Slim stock traded at $21 per share. Based on this information, Meridian's investments in Slim should be reported at which of the following amounts on 12/31/X2?

Select one:

a. $125,000

b. $131,000

c. $132,000

d. $138,000

e. None of the Above

Financial Statements for Partnerships

The ledger of Camila Ramirez and Ping Xue, attorneys-at-law, contains the following accounts and balances after adjustments have been recorded on December 31, 20Y2:

The balance in Xue's capital account includes an additional investment of $20,000 made on May 5, 20Y2.

Required:

1. Prepare an income statement for 20Y2, indicating the division of net income. The partnership agreement provides for salary allowances of $50,000 to Ramirez and $65,000 to Xue, allowances of 12% on each partner's capital balance at the beginning of the fiscal year, and equal division of the remaining net income or net loss.

2. Prepare a statement of partnership equity for 20Y2. If any amounts are zero, enter in "0".

3. Prepare a balance sheet as of the end of 20Y2.

Rewrite the league application so that each team/wins pair is stored in a struct named WinRecord. Your program must meet the following requirements:

1. The WinRecord struct must have two fields: an int named wins, and a char* named name. name will point to a dynamically allocated array of characters, see requirement 4 below.

2. Instead of using two parallel arrays like Assignment 6, the data must be stored in a single array -- a dynamically allocated array of WinRecord structs. You must ask the user how many teams are in the league to determine how big this array needs to be and then dynamically allocate memory for it using the new operator. It must deallocate the memory when it is done with the array using delete [].

3. Your program must use three functions that accept the array of WinRecord structs by address (i.e., pass a WinRecord pointer):

void initializeData(WinRecord* standings, int size)
void sortData(WinRecord* standings, int size)
void displayData(WinRecord* standings, int size)

4. Note that the name field of each WinRecord struct is just a char* which you need to use to store a C-String. For this assignment, you must use C-strings, not C++ string objects. Unlike a C++ string object, the memory to store the actual character array for the C-String is not allocated for you automatically! I encourage you to develop a function to do this on your own, but I have provided the getLine() function  (Links to an external site.)getLine.cpp (Links to an external site.) to use if you wish. Note that this function returns a line of text from the keyboard contained in a dynamically allocated array. You will thus need to deallocate this memory using delete [] when you are done using any arrays you allocated using this function. Towards the end of main() is a reasonable place to do this allocation. Note that this is in addition to deallocating the array of WinRecord structs discussed in step 2 above!

#include <iostream>
using namespace std;
void initializeArrays(string names[],int wins[],int size){
int i=0;
while(i<5){
cout<<"Enter team #"<<i+1<<":";
cin>>names[i];
cout<<"Enter wins for team #"<<i+1<<":";
cin>>wins[i];

i++;

}

}

void sortData(string names[],int wins[],int size){

int max=0;
for(int i=0;i<size-1;i++){
for(int j=0;j<size-i-1;j++){
if(wins[j]<wins[j+1]){
int temp = wins[j];
wins[j] = wins[j+1];
wins[j+1] = temp;
string t = names[j];
names[j] = names[j+1];
names[j+1] = t;
}
}
}

}

void displayData(string names[],int wins[],int size){
cout<<"\nLeague Standings:\n";
int num=0;
while(num<size){
cout<<names[num]<<": "<<wins[num]<<"\n";
num++;
}
}

int main() {

string names[5];
int wins[5];
initializeArrays(names,wins,5);
sortData(names,wins,5);
displayData(names,wins,5);
  
  
  
  
  
}

OUTPUT:

Enter team #1:Padres
Enter wins for team #1:71
Enter team #2:Dodgers
Enter wins for team #2:55
Enter team #3:Rays
Enter wins for team #3:57
Enter team #4:Rockies
Enter wins for team #4:46
Enter team #5:Diamondbacks
Enter wins for team #5:40

League Standings:
Padres: 71
Rays: 57
Dodgers: 55
Rockies: 46
Diamondbacks: 40

Explain the process of creating and presenting an elevator pitch. Include the allocated time for each component of the process.

Define a function in Javascript named secondHighest which accepts an array of numbers, and returns the second highest number from the array. If the highest value occurs more than once, then it is also the second highest (see example). Assume the input array will always have length at least two (so there is always a second highest value).

The original array must NOT be modified by this function.
Example
secondHighest([5,3,8,6,2,7,4]) must return 7, and secondHighest([5,3,8,6,2,7,8]) must return 8.

I have the Python code but I am having trouble converting it to Javascript format

def secondHighest(number):

count = 0

A1 = A2 = float('-inf')

for b in number:

count += 1

if b > A2:

if b >= A1:

A1, A2 = b,A1

else:

A2 = b

return A2 if count >= 2 else None

print(secondHighest([5,3,8,6,2,7,4]))

print(secondHighest([5,3,8,6,2,7,8]))

Write a function called play_round that simulates two people drawing cards and comparing their values. High card wins. In the case of a tie, draw more cards. Repeat until someone wins the round. the function has two parameters: the name of player 1 and the name of player 2. it returns a string with format ' wins!'. For instance, if the winning player is named Rocket, return 'Rocket wins!'. python

Write a Java program that prompts a user for 10 integers. When completed it outputs the highest

number, the lowest number, the number of odd number, and the average of the numbers

100 kg of R-134a at 320 kPa are contained in a piston-cylinder device whose volume is 7.530 m³. The piston is now moved until the volume is one-half its original size. This is done such that the pressure of the R-134a does not change. Determine the final temperature and the change in the total internal energy of the R-134a. (Round the final answers to two decimal places.)