1. A vibrating string is cut in half. The fundamental frequency of the string will be...
a. doubled
b. unchanged
c. reduced by half
2.On a pipe organ, for a closed pipe, if you double the length of the pipe, what happens to the fundamental frequency?
a. It does not change.
b. It doubles.
c. It is reduced by half.
d. It is reduced by 1/4.
e. It is increased 4x.
3. When you blow gently across the top of a particular soda bottle, it emits a tone. The column of air in the bottle is vibrating up and down in its fundamental mode. If you replace the air in the bottle with something heavier than air (like carbon dioxide) and then blow gently across the top of the bottle, it will emit
a) a higher pitched tone. b) a tone at the same pitch as before.
c) no sound at all. d) a lower pitched tone.
9. If you blow across the top of a half full bottle of soda you can produce a clear tone. If you take a drink of soda to reduce the amount of liquid in the bottle and try this again the pitch (frequency) of the sound produced will
a) increase. b) stay the same.
c) exactly double. d) decrease.
In: Physics
A) Two arthroscopic surgeries were compared among patients suffering from osteoarthritis who had at least moderate knee pain. The lavage type has the joint flushed with fluid and no instrument is used to remove tissue; the debridement type has the joint flushed with fluid and an instrument is used to remove tissue. Knee pain scores, ranging from 0 to 100 with higher scores indicating severe pain, were obtained for patients randomly assigned to the two groups after the surgery and the results are given below:
------------Sameple Size--------Sample Mean-------Sample Standard Deviation
Lavage 11 59 24
Debridment 13 49 23
Determine a 95% confidence interval for the difference between the mean knee pain score for the lavage group and that for the debridement group
B) A test of abstract reasoning is given to a random sample of 10 students before and after completing a formal logic course. The results are shown below.
Before----------After
71 71
81 86
85 82
67 75
92 95
71 66
61 67
78 81
64 71
80 88
Determine a 95% confidence interval for the difference between the mean score after completing the course and the mean score before completing the course
C) The quality control officer collects a random sample of 100 yardsticks from the day's production run. The sample mean is 36 inches. The population standard deviation for that day’s production is σ =1 inches.
1)Find a 99% confidence interval for the mean length of all yardsticks made that day
2)The margin of error associated with the 99% confidence interval for the mean length of all yardsticks made that day is
3)You decide that margin of error in previous question is too large, and you want it to be at most 0.1 inches, what is the minimum sample size in order to obtain this margin of error with a confidence level of 99%?
In: Statistics and Probability
NYC Limo has a client who will sign a lease for a limousine. Consider a $90,000 limousine that will last for four years and can be depreciated on a three-year MACRS schedule. Assume that lease rates for old and new limousine are the same and that Acme Limo Inc's pretax administrative costs are $9,000 per limousine per year (these costs will occur at the beginning of the year). The after-tax cost of capital is 8% and the tax rate is 20%. The limousine is expected to be sold for $15,000 at the end of 4 years. The Lease payments are made in advance, that is, at the start of each year. The inflation rate is zero. What is the break-even operating lease rate for the limousine?
Use the following table for depreciation-MACRS Rates for three year asset-Half Year Convention
Year %
1 33.33%
2 44.45%
3 14.81%
4 7.41%
Please choose all correct answers. However, if you choose a wrong answer, then each incorrect answer will reduce the score by 10%
1. The cash flow for year 4 is $9798 to 9802
2. The cash flow at year 2 is 685 to 695
3. The break-even leasing payment before tax is $31960 to $31970
4. The breakeven leasing payment before tax is $31940 to 31950
5. The break-even leasing payment after tax is $25550 to $25560
6. The cash flow at year 0 is -$97,200 (that's a negative sign just in case it's not clear)
7. The cash flow at year 2 is $696 to 700
8. The break-even leasing payment after tax is $25560 to $25570
9. The break-even leasing payment after tax is 25570 to 25580
10. The cash flow for year 4 is $9805 to 9810
11. The cash flow at year 0 is -$97,000 (that is a negative sign just in case it's not clear)
12. The break-even leasing payment before tax is $31950 to $31960
In: Finance
On August 1, 2020, Kazazis Company sold inventory to Magic Company and received Magic’s 9-month, noninterest-bearing $100,000 note due April 30, 2021. The cash selling price of the inventory was $94,000. The cost of the inventory was $60,000. Kazazis records adjusting entries annually at December 31.
a. Record the August 1, 2020, journal entries (including COGS) for Kazazis.
b. If Kazazis recorded the note as an interest-bearing note on August 1, 2020, (i.e., did not record a discount on the note), how would the financial statements be misstated (overstated/understated and $ amount)?. (Hint: Record the entry without the discount and compare to your answer in part a.)ASSETSLIABILITIESSE2020 NET INCOME$$$$OverstatedOverstatedOverstatedOverstatedUnderstatedUnderstatedUnderstatedUnderstated
c. Record the December 31, 2020, adjusting entry for Kazazis.
d. If Kazazis’ 2020 net income without including the Aug. 1 sale or December 31 adjusting entry was $200,000, what is the correct 2020 net income? Ignore taxes.
e. What amounts related to the note will Kazazis report on its 2020 balance sheet?
f. Record the April 30, 2021, journal entry/entries for Kazazis. (You may choose to record 1 entry as we did in the example in class or 2 entries as required by Connect.)
In: Accounting
Blanchard Inc. acquired a packaging machine from CCC Corporation. CCC Corporation completed construction of the machine on January 1, 2020. In payment for the $4 million machine, Blanchard Inc. issued a three-year installment note to be paid in three equal payments at the end of each year. The payments include interest at the rate of 6%.
1. Prepare the journal entry for Blanchard’s purchase of the machine on January 1, 2020
January 1, 2020:
PVA(i=3%, n=3) = 2.82861, PVA(i=3%, n=6) = 5.41719, PVA(i=6%, n=3)
= 2.67301, PVA(i=6%, n=6) = 4.917322. Prepare the partial
amortization schedule for the first two years of the 3-year
installment note
| Amount of Loan | |
| / present value of an ordinary annuity (PVA) of $1 | |
| Installment payment (Rounded up to the nearest integer) |
| Date | Cash Payment | Effective Interest | Decrease in Balance | Outstanding Balance |
| 1/1/2020 | ||||
| 12/31/2020 | ||||
| 12/31/2021 | ||||
| 12/31/2022 | Not required | Not Required | Not Required | Not Required |
3. Prepare the journal entry for the installment payments on December 31, 2020 and December 31, 2021.
December 31, 2020:
December 31, 2021
In: Accounting
On January 1st 2000 Froto Company acquired 100% of the voting stock of Bilbo Company at book value.
Froto uses the initial value method (cost) and Bilbo doesn't pay any dividends.
On October 1st 2020 Froto sold some merchandise (inventory) to Bilbo company for $1,000,000 credit
the inventory had cost Bilbo $600,000. Both Bilbo and Froto use the perpetual inventory method.
During 2020 Bilbo had sold 70% of the merchandise acquired from Froto for $750,000 but had not paid off Froto
During 2021 Bilbo sold the remaining merchandise for $325,000 and paid off Froto
In 2020 Froto (unconsolidated) reported income of $1,000,000 and Bilbo reported income of $40,000
In 2021 Froto (unconsolidated) reported income of $1,200,000 and Bilbo reported income of $77,000.
| REQUIRED: | |||||
| A)Make Froto's journal entry when it sells the merchandise to Bilbo in 2020 | |||||
| B) make Bilbo's journal entry when it buys the merchandise from Froto in 2020 | |||||
| c) make any necessary worksheet entries in 2020 | |||||
| d) determine consolidated income for 2020 | |||||
| e) make any necessary worksheet entries in 2021 | |||||
| f) make any necessary worksheet entries in 2021 | |||||
| g) determine consolidated income for 2021 | |||||
In: Accounting
Determining Carrying Value and Amortization of Intangible Assets
Review the following information pertaining to Denzel Company.
Note: When answering the following questions, do not round until your final answer. Round your final answer to the nearest whole number.
Required
a. What is the carrying value of intangible assets on December 31, 2020? Assume no impairment losses were recognized in prior periods.
$Answer
b. What is amortization expense for 2020?
$Answer
In: Accounting
For each of the following transactions that occurred during the
year, indicate the dollar amount to be reported as a current
liability as of December 31, 2020. (Enter 0 for amounts
if no current liability is to be reported. Do not leave any answer
field blank.)
|
Reported as |
||||||
| (a) | On December 20, 2020, a former employee filed a legal action against Nash for $108,140 for wrongful dismissal. Management believes the action to be frivolous and without merit. The likelihood of payment to the employee is remote. |
$ |
Not a Current LiabilityCurrent Liability | |||
| (b) | Bonuses to key employees based on net income for 2020 are estimated to be $188,700. |
$ |
Current LiabilityNot a Current Liability | |||
| (c) | On December 1, 2020, the company borrowed $972,000 at 8% per year. Interest is paid quarterly. |
$ |
Current LiabilityNot a Current Liability | |||
| (d) | Accounts receivable at December 31, 2020, is $10,111,700. An aging analysis indicates that Nash’s expense provision for doubtful accounts is estimated to be 3% of the receivables balance. |
$ |
Not a Current LiabilityCurrent Liability | |||
| (e) | On December 15, 2020, the company declared a $2.40 per share dividend on the 40,160 shares of common stock outstanding, to be paid on January 5, 2021. |
$ |
Current LiabilityNot a Current Liability | |||
| (f) | During the year, customer advances of $175,000 were received; $59,700 of this amount was earned by December 31, 2020. |
$ |
Not a Current LiabilityCurrent Liability |
In: Accounting
The following transactions relate to Academy Towing Service. Assume the transactions for the purchase of the wrecker and any capital improvements occur on January 1 of each year. 2016 1. Acquired $79,000 cash from the issue of common stock. 2. Purchased a used wrecker for $41,000. It has an estimated useful life of three years and a $10,000 salvage value. 3. Paid sales tax on the wrecker of $5,000. 4. Collected $65,100 in towing fees. 5. Paid $12,900 for gasoline and oil. 6. Recorded straight-line depreciation on the wrecker for 2016. 7. Closed the revenue and expense accounts to Retained Earnings at the end of 2016. 2017 1. Paid for a tune-up for the wrecker’s engine, $1,800. 2. Bought four new tires, $2,150. 3. Collected $71,000 in towing fees. 4. Paid $18,900 for gasoline and oil. 5. Recorded straight-line depreciation for 2017. 6. Closed the revenue and expense accounts to Retained Earnings at the end of 2017. 2018 1. Paid to overhaul the wrecker’s engine, $5,700, which extended the life of the wrecker to a total of four years. The salvage value did not change. 2. Paid for gasoline and oil, $20,000. 3. Collected $74,000 in towing fees. 4. Recorded straight-line depreciation for 2018. 5. Closed the revenue and expense accounts at the end of 2018
In: Accounting
In: Biology