In this activity we have graphed the function y = sin(x). For this assignment, you will explore the changes that occur in the curve when we make simple changes to the function.

For each of the different parts below, create sketches and a description of the crucial properties of the periodic graphs including:

• Period
• Amplitude
• Maximum
• Minimum
• Axis of the Curve
• Zeros

Finally, in a few sentences, based on your findings describe how these changes in the function affect the properties of the curve.

For your sketches, you can scan hand-made sketches and email or fax these to your instructor. Alternately, you may use a simple drawing program like Windows Paint.

Main questions. Attempt all questions, each one carry 12 marks.

Question: 1

Hendry Corp. reported net incomes for the last three years as follows: 2018 2017 2016 $180,000 $240,000 $225,000 During the 2018 year-end audit, Hendry's newly appointed auditors discover that Hendry bought a machine on January 1, 2015 for $125,000 cash, with a $25,000 estimated residual value and a five-year life. The company debited an expense account for the entire cost of the asset. Hendry uses straight-line depreciation for all machinery. Instructions (Ignore all income tax effects) a) Prepare the general journal entry required to correct the books for this situation, assuming that the books have not been closed for 2018. b) Prepare a schedule showing, for each of the years 2016 to 2018, income before the effect of any accounting changes, the effect of the accounting changes, and the income after the effect of any accounting changes. c) Assume that the retained earnings balance at January 1, 2018 is $720,000 (before any adjustment). At what adjusted amount should this beginning retained earnings balance be shown on the financial statements?

Hendry Corp. reported net incomes for the last three years as follows:

2018: $180,000

2017: $240,000

2016: $225,000

During the 2018 year-end audit, Hendry's newly appointed auditors discover that Hendry bought a machine on January 1, 2015 for $125,000 cash, with a $25,000 estimated residual value and a five-year life. The company debited an expense account for the entire cost of the asset. Hendry uses straight-line depreciation for all machinery.

Instructions (Ignore all income tax effects)

a) Prepare the general journal entry required to correct the books for this situation, assuming that the books have not been closed for 2018.

b) Prepare a schedule showing, for each of the years 2016 to 2018, income before the effect of any accounting changes, the effect of the accounting changes, and the income after the effect of any accounting changes.

c) Assume that the retained earnings balance at January 1, 2018 is $720,000 (before any adjustment). At what adjusted amount should this beginning retained earnings balance be shown on the financial statements?

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For this assignment, you are taking on the role of a manager of a hospital-based orthopaedic surgery clinic who has decided to discontinue providing publicly funded physiotherapy services on-site. Effective immediately any patient needing the services of a physiotherapist will be referred to one of the private clinics in town. These clinics do not have public health coverage, but they are covered under most private insurance plans and accept cash or credit for uninsured persons. This decision will force you to lay off 2 therapists that have been on staff for several years, but it will save the clinic $180,000 out of the annual $2,700,000 budget. Draft a one-page communication briefing to patients informing them of the coming changes. Draft a one-page communication briefing to staff informing them of the coming changes. Draft a one-page communication briefing to senior management informing them of the coming changes. Note that each stakeholder has a very different perspective on this decision. Your communication will need to be concise, clear and respectful as well as address any concerns each stakeholder might have.

choose the correct answer :

1. All of the following Influence capital budgeting cash flows EXCEPT:

_     accelerated depreciation

_    salvage value

_     tax rate changes

_    method of project financing used

2. In proper capital budgeting analysis we evaluate incremental

_  accounting income

_cash flow

_earnings

_     operating profit

3. The estimated benefits from a project are expressed as cash flows instead of income flows because:

_     it is simpler to calculate cash flows than income flows

_     it is cash, not accounting income, that is central to the firm's capital budgeting decision

_    this is required by the Internal Revenue Service

_     this is required by the Securities and Exchange Commission

4. ln estimating nafter-tax incremental operating cash flows" for a project, you should include all of the following EXCEPT:

--- sunk costs

_    opportunity cost

_    changes In working capital resulting from the project, net of spontaneous changes in C/L effects of inflation

5. A capital investment is one that

_     hasthe prospect of Jong term benefits

_     has the prospect of short term benefits

_     is only undertaken by large corporatiOns

_     applies only to investment in fixed assets