Internet Case 20.4 – Using the SEC EDGAR Database
(MUST POST FIRST) Initial Post – As an employee, write an internal memo to your manager addressing the following:
Visit the home page of The Securities & Exchange Commission at the following address: www.sec.gov
Use EDGAR to locate the most recent 10-K by researching an automotive company of your choice on the Internet and examine its consolidated income statement.
I CHOOSE GENERAL MOTORS
In the most recent year reported, what percentage of the company’s total revenue was from financial services?
In the most recent year reported, what was the company’s gross profit as a percentage of automotive sales?
How might the company’s sales mix (e.g., trucks, cars, sport utility vehicles, etc.) influence its profitability?
In: Accounting
Please, write code in c++. Using iostream and cstring library
Write a function that will find and return most recent word in
the given text.
The prototype of the function have to be the following void
mostRecent(char *text,char *word)
In char *word your function have to return the most recent word
that occurce in the text.
Your program have to be not case-sensitive(ignore case -
"Can" and "CAN" are the same
words)
Also note than WORD is sequence of letters sepereated by
whitespace.
Note. The program have to use pointer.
Input:
First line contains one line that is not longer than 1000 symbols
with whitespaces.
Output: The most recent word in UPPER case.
example:
Input:
Can you can the can with can?
output:
CAN
In: Computer Science
1. You never get a second chance to make a first impression. Thus, it is critical that you always be your best self to make a good first impression. Write at least one paragraph (5-6 sentences each) explaining why in your words and your own experience.
2. In another paragraph, list three important things that you need
to pay special attention to in order to make the most positive
visual impact. Write at least 2-3 sentences on each explaining why
they are important.
In: Operations Management
In which ways is gluconeogenesis the reverse of glycolysis. Which of the following IS NOT TRUE?
A) gluconeogenesis uses most glycolysis reactions in reverse mode. The direction of the reaction is determined by the concentration of reagents and products in the pathway.
B) phosphoenolpyruvate and pyruvate interconversions directed by pyruvate carboxylase/PEP-carboxykinase AND pyruvate kinase are the first steps that commit the onset of gluconeogenesis
C) fructose-16P and fructose-6P interconversions directed by fructose 1-6 bisphosphatase AND phosphofructokinase is the first step that determine the onset of glycolysis
D) gluconeogenesis produces pyruvate and glycolysis makes glucose
In: Biology
What is the key point of revenue recognition?
| When cash changes hands between the buyer and seller |
| When control of the good or service passes to the customer |
| When customer agrees to acquire the good or service |
| When control of the good or service has passed to the customer and payment is complete |
Accounts Receivable should be reported in the balance sheet at which of the following?
| Lower-of-cost-or-market |
| Historical cost |
| Fair market value |
| Net realizable value |
At December 31, the balance in Newton Company’s allowance for uncollectible accounts had a debit balance, before adjustment, of $1,400. Newton uses the balance statement approach to estimate bad debts expense and determined that the balance of the allowance at year end should be $3.400. What adjusting entry does Newton need to make to record bad debts expense for the year?
|
Allowance for Uncollectible Accounts $3,400 Accounts Receivable $3,400 |
|
Bad Debts Expense $3,600 Allowance for Uncollectible Accounts $3,600 |
|
Bad Debts Expense $4,800 Allowance for Uncollectible Accounts $4,800 |
|
Bad Debts Expense $2,000 Accounts Receivable $2,000 |
When the LIFO method of costing inventory is in use, the seller:
| Assumes that the oldest units in inventory are sold first |
| Assumes that the most recently acquired units in inventory are sold first |
| Must sell the most recently acquired units in inventory first |
| Must sell the oldest unit in inventory first |
In: Accounting
Assume cattle are raised for both meat and hides. Ceteris paribus, how would a rise in the demand for meat affect the price of hides?
Group of answer choices
It would lower the price of hides.
It would raise the price of hides.
Here are four statements about how people’s expectations of future prices affect what they do in the current period.
I If both buyers and sellers expect the price to rise next period, the price would rise
in the current period.
II If both buyers and sellers expect the price to fall next period, the price would fall
in the current period.
III If buyers expect the price to rise next period and sellers expect the price to fall next
period, the quantity traded would rise in the current period.
IV If buyers expect the price to fall next period and sellers expect the price to rise next period, the quantity traded would fall in the current period.
Choose the correct option from the list below.
Group of answer choices
Only I and II are true.
Only I and IV are true.
All four statements are true.
Only II and III are true.
Only III and IV are true.
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Question 71 pts
This question tests your understanding of the market period (also known as the very short run).
At the equilibrium price, the amount by which the total stock exceeds the quantity demanded by buyers is equal to
Group of answer choices
the sellers’ reservation demand
both the options in this list
the quantity supplied by sellers
This question tests your understanding of the market period (also known as the very short run).
At the equilibrium price, the amount by which the total stock exceeds the quantity demanded by buyers is equal to
Group of answer choices
the sellers’ reservation demand
both the options in this list
the quantity supplied by sellers
Here are four statements about (price) elasticities of demand and supply in the market for water.
I The demand for water is MORE elastic in the short run than in the long run.
II The demand for water to drink is LESS elastic than the total demand for water for all other purposes.
III The supply of water is LESS elastic in the short run than in the long run.
IV The supply of drinking water is likely to be MORE elastic than the supply of water for irrigation.
Choose the correct option from the list below.
Group of answer choices
Only III and IV are true.
Only I and II are true.
Only I and IV are true.
Only II and III are true.
This question tests your understanding of income elasticity of demand.
If the income elasticity of a normal good is LESS THAN ONE, total expenditure on the good
Group of answer choices
decreases as a proportion of total household spending
increases as a proportion of total household spending
remains a constant proportion of total household spending
This question tests your understanding of cross-price elasticity of demand.
A If two goods are close substitutes, the cross-price elasticity of demand is negative.
B If two goods are complements, the cross-price elasticity of demand is positive.
Group of answer choices
Both A and B are true.
Only A
Only B
Neither A nor B is true.
In: Economics
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:
| April | May | June | |
| Manufacturing costs* | $155,900 | $198,700 | $206,800 |
| Insurance expense** | 990 | 990 | 990 |
| Depreciation expense | 2,110 | 2,110 | 2,110 |
| Property tax expense*** | 600 | 600 | 600 |
*Of the manufacturing costs, three-fourths are paid for in the
month they are incurred; one-fourth is paid in the following
month.
**Insurance expense is $990 a month; however, the insurance is paid
four times yearly in the first month of the quarter, (i.e.,
January, April, July, and October).
***Property tax is paid once a year in November.
The cash payments expected for Finch Company in the month of May are
a.$149,025
b.$38,975
c.$226,975
d.$188,000
I dont get it
In: Accounting
Finch Company began its operations on March 31 of the current
year. Finch has the following projected costs:
| April | May | June | |
| Manufacturing costs (1) | $156,800 | $195,200 | $217,600 |
| Insurance expense (2) | 1,000 | 1,000 | 1,000 |
| Depreciation expense | 2,000 | 2,000 | 2,000 |
| Property tax expense (3) | 500 | 500 | 500 |
(1) Of the manufacturing costs, three-fourths are paid for in
the month they are incurred; one-fourth is paid in the following
month.
(2) Insurance expense is $1,000 a month; however, the insurance is
paid four times yearly in the first month of the
quarter, (i.e., January, April, July, and October).
(3) Property tax is paid once a year in November.
The cash payments for Finch Company expected in the month of June are
A) $215,500
B) $214,000
C) 188,800
D) 212,000
In: Accounting
A distributor of personal computers has five locations in the
city. The sales in units for the first quarter of the year were as
follows:
| Location | Observed Sales (units) |
| North Side | 70 |
| Pleasant Township | 75 |
| Southwyck | 70 |
| I-90 | 50 |
| Venice Avenue | 35 |
At the .01 level of significance, what is your decision?
Select one:
a.
Reject the null hypothesis because the computed p-value is less than the level of significance.
b.
Reject the null hypothesis because the computed p-value is greater than the level of significance.
c.
Do not reject the null hypothesis because the computed p-value is greater than the level of significance.
d.
Do not reject the null hypothesis because the computed p-value is less than the level of significance.
In: Statistics and Probability
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:
| April | May | June | |
| Manufacturing costs (1) | $158,000 | $190,000 | $218,000 |
| Insurance expense (2) | 1,040 | 1,040 | 1,040 |
| Depreciation expense | 1,870 | 1,870 | 1,870 |
| Property tax expense (3) | 570 | 570 | 570 |
(1) Of the manufacturing costs, three-fourths are paid for in the month they are incurred and one-fourth is paid for in the following month.
(2) Insurance expense is $1,040 a month; however, the insurance is paid four times yearly, in the first month of the quarter (i.e., January, April, July, and October).
(3) Property tax is paid once a year in November.
The cash payments expected for Finch Company in the month of June are
a.$258,500
b.$211,000
c.$47,500
d.$163,500
In: Accounting