Two airplanes are flying in the same direction in adjacent parallel corridors. At time t =...

In: Math

Two airplanes are flying in the same direction in adjacent parallel corridors. At time t = 0, the...

Two airplanes are flying in the same direction in adjacent parallel corridors. At time t = 0, the first airplane is 10 km ahead of the second one. Suppose the speed of the first plane (km/hr) is normally distributed with mean 535 and standard deviation 9 and the second plane's speed is also normally distributed with mean and standard deviation 510 and 9, respectively.

 (a) What is the probability that after 2 hr of flying, the second plane has not caught up to the first plane? (Round your answer to four decimal places.) 

 (b) Determine the probability that the planes are separated by at most 10 km after 2 hr. (Round your answer to four decimal places.)

In: Math

Which of the following statements are TRUE for first-order analyses of NMR spectra (the type of...

In: Chemistry

The projected balance of accounts payable at the end of the first year of operation is?

A family friend, Mr. Burn Out availed of the early retirement scheme offered by his employer. He said that he was already tired of the same routine of spending eight full hours in an office doing the same thing for the last twenty years.

Mr. Burn Out plans to get into the field of entrepreneurship. He would invest part of his retirement pay in a business that would deal with the sale of medical supplies to local clinics and hospitals.

When Mr. Burn Out learned that you are an accountant, he confessed that he is excited with his planned investment project, but very much afraid because he cannot afford to fail and lose his hard-earned retirement pay. 

You advised that a Feasibility Study be prepared for his planned investment project. The study, you said, would determine the viability of his proposed business undertaking. it would cover key areas, such as marketing, production or purchasing, and finance, among others. You emphasized that the financial aspect is the most critical of them all. 

Mr. Burn Out requested you to prepare a feasibility study for his proposed business. You immediately started and gathered the following relevant data.

 1. Projected sales for the first year of operations are $288,000, spread evenly during the year. All sales will be on account with an average collection period of one month.

2. The cost ratio will be 60% of sales.

3. At the end of the first year, the acid-test ratio will be 1:1, while the current ratio will be 2:1.

4. Once the business is underway, purchases will replace the stock sold each month. The average payment period for accounts payable arising from the purchases of merchandise will be two (2) months.  

5. Mr. Burn Out will open an account with the nearest bank and deposit $260,000 to start the business. 

6. Various fixed assets will be acquired for cash at a total cost of $240,000. These fixed assets will be depreciated at the rate of 10% per year using the straight-line method. 

7. Operating expenses, other than depreciation, are estimated at $70,000 per year. There will be no accruals and prepayment at year-end.

8. Mr. Burn Out will make drawings in excess of the amount necessary to meet the above plans. 

Question: The projected balance of accounts payable at the end of the first year of operation is?

In: Accounting

The projected balance of accounts receivable at the end of the first year of operations is?

A family friend, Mr. Burn Out availed of the early retirement scheme offered by his employer. He said that he was already tired of the same routine of spending eight full hours in an office doing the same thing for the last twenty years.

Mr. Burn Out plans to get into the field of entrepreneurship. He would invest part of his retirement pay in a business that would deal with the sale of medical supplies to local clinics and hospitals.

When Mr. Burn Out learned that you are an accountant, he confessed that he is excited with his planned investment project, but very much afraid because he cannot afford to fail and lose his hard-earned retirement pay. 

You advised that a Feasibility Study be prepared for his planned investment project. The study, you said, would determine the viability of his proposed business undertaking. it would cover key areas, such as marketing, production or purchasing, and finance, among others. You emphasized that the financial aspect is the most critical of them all. 

Mr. Burn Out requested you to prepare a feasibility study for his proposed business. You immediately started and gathered the following relevant data.

 1. Projected sales for the first year of operations are $288,000, spread evenly during the year. All sales will be on account with an average collection period of one month.

2. The cost ratio will be 60% of sales.

3. At the end of the first year, the acid-test ratio will be 1:1, while the current ratio will be 2:1.

4. Once the business is underway, purchases will replace the stock sold each month. The average payment period for accounts payable arising from the purchases of merchandise will be two (2) months.  

5. Mr. Burn Out will open an account with the nearest bank and deposit $260,000 to start the business. 

6. Various fixed assets will be acquired for cash at a total cost of $240,000. These fixed assets will be depreciated at the rate of 10% per year using the straight-line method. 

7. Operating expenses, other than depreciation, are estimated at $70,000 per year. There will be no accruals and prepayment at year-end.

8. Mr. Burn Out will make drawings in excess of the amount necessary to meet the above plans. 

Question: The projected balance of accounts receivable at the end of the first year of operations is?

In: Accounting

In the first year of operations, Mr. Burn Out's drawings will amount to?

A family friend, Mr. Burn Out availed of the early retirement scheme offered by his employer. He said that he was already tired of the same routine of spending eight full hours in an office doing the same thing for the last twenty years.

Mr. Burn Out plans to get into the field of entrepreneurship. He would invest part of his retirement pay in a business that would deal with the sale of medical supplies to local clinics and hospitals.

When Mr. Burn Out learned that you are an accountant, he confessed that he is excited with his planned investment project, but very much afraid because he cannot afford to fail and lose his hard-earned retirement pay. 

You advised that a Feasibility Study be prepared for his planned investment project. The study, you said, would determine the viability of his proposed business undertaking. it would cover key areas, such as marketing, production or purchasing, and finance, among others. You emphasized that the financial aspect is the most critical of them all. 

Mr. Burn Out requested you to prepare a feasibility study for his proposed business. You immediately started and gathered the following relevant data.

 1. Projected sales for the first year of operations are $288,000, spread evenly during the year. All sales will be on account with an average collection period of one month.

2. The cost ratio will be 60% of sales.

3. At the end of the first year, the acid-test ratio will be 1:1, while the current ratio will be 2:1.

4. Once the business is underway, purchases will replace the stock sold each month. The average payment period for accounts payable arising from the purchases of merchandise will be two (2) months.  

5. Mr. Burn Out will open an account with the nearest bank and deposit $260,000 to start the business. 

6. Various fixed assets will be acquired for cash at a total cost of $240,000. These fixed assets will be depreciated at the rate of 10% per year using the straight-line method. 

7. Operating expenses, other than depreciation, are estimated at $70,000 per year. There will be no accruals and prepayment at year-end.

8. Mr. Burn Out will make drawings in excess of the amount necessary to meet the above plans. 

Question: In the first year of operations, Mr. Burn Out's drawings will amount to?

In: Accounting

The projected balance sheet as of the end of the first year of operations will show an owners' equity balance of?

A family friend, Mr. Burn Out availed of the early retirement scheme offered by his employer. He said that he was already tired of the same routine of spending eight full hours in an office doing the same thing for the last twenty years.

Mr. Burn Out plans to get into the field of entrepreneurship. He would invest part of his retirement pay in a business that would deal with the sale of medical supplies to local clinics and hospitals.

When Mr. Burn Out learned that you are an accountant, he confessed that he is excited with his planned investment project, but very much afraid because he cannot afford to fail and lose his hard-earned retirement pay. 

You advised that a Feasibility Study be prepared for his planned investment project. The study, you said, would determine the viability of his proposed business undertaking. it would cover key areas, such as marketing, production or purchasing, and finance, among others. You emphasized that the financial aspect is the most critical of them all. 

Mr. Burn Out requested you to prepare a feasibility study for his proposed business. You immediately started and gathered the following relevant data.

 1. Projected sales for the first year of operations are $288,000, spread evenly during the year. All sales will be on account with an average collection period of one month.

2. The cost ratio will be 60% of sales.

3. At the end of the first year, the acid-test ratio will be 1:1, while the current ratio will be 2:1.

4. Once the business is underway, purchases will replace the stock sold each month. The average payment period for accounts payable arising from the purchases of merchandise will be two (2) months.  

5. Mr. Burn Out will open an account with the nearest bank and deposit $260,000 to start the business. 

6. Various fixed assets will be acquired for cash at a total cost of $240,000. These fixed assets will be depreciated at the rate of 10% per year using the straight-line method. 

7. Operating expenses, other than depreciation, are estimated at $70,000 per year. There will be no accruals and prepayment at year-end.

8. Mr. Burn Out will make drawings in excess of the amount necessary to meet the above plans. 

Question: The projected balance sheet as of the end of the first year of operations will show an owners' equity balance of?

In: Accounting

What is the projected cash balance at the end of the first year of operations?

A family friend, Mr. Burn Out availed of the early retirement scheme offered by his employer. He said that he was already tired of the same routine of spending eight full hours in an office doing the same thing for the last twenty years.

Mr. Burn Out plans to get into the field of entrepreneurship. He would invest part of his retirement pay in a business that would deal with the sale of medical supplies to local clinics and hospitals.

When Mr. Burn Out learned that you are an accountant, he confessed that he is excited with his planned investment project, but very much afraid because he cannot afford to fail and lose his hard-earned retirement pay. 

You advised that a Feasibility Study be prepared for his planned investment project. The study, you said, would determine the viability of his proposed business undertaking. it would cover key areas, such as marketing, production or purchasing, and finance, among others. You emphasized that the financial aspect is the most critical of them all. 

Mr. Burn Out requested you to prepare a feasibility study for his proposed business. You immediately started and gathered the following relevant data.

 1. Projected sales for the first year of operations are $288,000, spread evenly during the year. All sales will be on account with an average collection period of one month.

2. The cost ratio will be 60% of sales.

3. At the end of the first year, the acid-test ratio will be 1:1, while the current ratio will be 2:1.

4. Once the business is underway, purchases will replace the stock sold each month. The average payment period for accounts payable arising from the purchases of merchandise will be two (2) months.  

5. Mr. Burn Out will open an account with the nearest bank and deposit $260,000 to start the business. 

6. Various fixed assets will be acquired for cash at a total cost of $240,000. These fixed assets will be depreciated at the rate of 10% per year using the straight-line method. 

7. Operating expenses, other than depreciation, are estimated at $70,000 per year. There will be no accruals and prepayment at year-end.

8. Mr. Burn Out will make drawings in excess of the amount necessary to meet the above plans. 

Question: What is the projected cash balance at the end of the first year of operations?

In: Accounting

As of the end of the first year of operations, the projected total current assets is?

A family friend, Mr. Burn Out availed of the early retirement scheme offered by his employer. He said that he was already tired of the same routine of spending eight full hours in an office doing the same thing for the last twenty years.

Mr. Burn Out plans to get into the field of entrepreneurship. He would invest part of his retirement pay in a business that would deal with the sale of medical supplies to local clinics and hospitals.

When Mr. Burn Out learned that you are an accountant, he confessed that he is excited with his planned investment project, but very much afraid because he cannot afford to fail and lose his hard-earned retirement pay. 

You advised that a Feasibility Study be prepared for his planned investment project. The study, you said, would determine the viability of his proposed business undertaking. it would cover key areas, such as marketing, production or purchasing, and finance, among others. You emphasized that the financial aspect is the most critical of them all. 

Mr. Burn Out requested you to prepare a feasibility study for his proposed business. You immediately started and gathered the following relevant data.

 1. Projected sales for the first year of operations are $288,000, spread evenly during the year. All sales will be on account with an average collection period of one month.

2. The cost ratio will be 60% of sales.

3. At the end of the first year, the acid-test ratio will be 1:1, while the current ratio will be 2:1.

4. Once the business is underway, purchases will replace the stock sold each month. The average payment period for accounts payable arising from the purchases of merchandise will be two (2) months.  

5. Mr. Burn Out will open an account with the nearest bank and deposit $260,000 to start the business. 

6. Various fixed assets will be acquired for cash at a total cost of $240,000. These fixed assets will be depreciated at the rate of 10% per year using the straight-line method. 

7. Operating expenses, other than depreciation, are estimated at $70,000 per year. There will be no accruals and prepayment at year-end.

8. Mr. Burn Out will make drawings in excess of the amount necessary to meet the above plans. 

Question: As of the end of the first year of operations, the projected total current assets is? 

In: Accounting

For the first part of this week’s discussion: Compare the IMA Statement of Ethical Professional Practice...

In: Accounting