Questions
Megan Corporation's net income last year was $101,000. Changes in the company's balance sheet accounts for...

Megan Corporation's net income last year was $101,000. Changes in the company's balance sheet accounts for the year appear below:

Increases
(Decreases)
Asset and Contra-Asset Accounts:
Cash and cash equivalents $ (5,400 )
Accounts receivable $ (17,000 )
Inventory $ 4,500
Prepaid expenses $ (9,100 )
Long-term investments $ 83,000
Property, plant, and equipment $ 61,000
Accumulated depreciation $ 64,000
Liability and Equity Accounts:
Accounts payable $ 0
Accrued liabilities $ 17,020
Income taxes payable $ (12,120 )
Bonds payable $ (34,500 )
Common stock $ 23,000
Retained earnings $ 59,600

The company paid a cash dividend of $41,400 and it did not dispose of any long-term investments or property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.

The free cash flow for the year was:

In: Accounting

Unlike chemical reactions, for which mass is conserved, nuclear reactions result in slight changes in mass....

Unlike chemical reactions, for which mass is conserved, nuclear reactions result in slight changes in mass. When mass is lost, it becomes energy according to the equation

ΔEmc2

where ΔE is the energy in joules, Δm is the mass defect in kilograms, and c is the speed of light (c=3.00×108 m/s). The mass defect is the difference between the total mass of the products and the total mass of reactants. The following values can be used to calculate the mass defect.

Particle Mass
(g/mol)
01e 0.00054858
11H 1.00782
42He 4.00260

Part A

The sun produces energy via fusion. One of the fusion reactions that occurs in the sun is

411H→42He+201e

How much energy in joules is released by the fusion of 2.09 g of hydrogen-1?

Express your answer to three significant figures and include the appropriate units.

In: Chemistry

How does disability impact activities of daily living, the biopsychosocial model, and anticipated changes over the...

How does disability impact activities of daily living, the biopsychosocial model, and anticipated changes over the next two decades with socioeconomic disparity and gender disparity. How can the community call to action change

In: Nursing

Reaction Rates: Predicting Changes in Concentration We can often predict the change in concentration for some...

Reaction Rates: Predicting Changes in Concentration

We can often predict the change in concentration for some component in the reaction by watching how another species is changing. In the following reaction, molecules of the product are appearing at a faster rate than molecules of the reactant are being consumed.

N2O4 (g) → 2 NO2 (g)

This is why we scale the rate to the stoichiometry of the reaction. We can express the rate for a reaction with respect to any of the species present, based on the stoichiometry.

rate = - Δ[N2O4]/Δt = 1/2 Δ[NO2]/Δt


Use the stoichiometry of the reaction to predict the missing entry in the following table:

Time

[N2O4]

[NO2]

0.0000

0.050

0.000

20.000

0.033

?

M

In: Chemistry

Consider the fed funds rate when prior to any changes in the discount rate, banks just...

Consider the fed funds rate when prior to any changes in the discount rate, banks just borrow from the Federal Reserve System, but not from other banks (Federal funds rate = Discount rate). What happens to the fed funds rate when discount rates are lowered?  Draw the graph and explain what happens to the federal funds rate.

In: Economics

Presented below is selected information for Brimmer Company: Changes in Various Ratios Presented below is selected...

Presented below is selected information for Brimmer Company:

Changes in Various Ratios
Presented below is selected information for Brimmer Company:

2013 2012
Sales revenue $912,000 $840,000
Cost of goods sold 577,000 542,000
Interest expense 22,000 20,000
Income tax expense 29,000 24,000
Net income 63,000 52,000
Cash flow from operating activities 67,000 55,000
Capital expenditures 44,000 45,000
Accounts receivable (net), December 31 128,000 120,000
Inventory, December 31 198,000 160,000
Stockholders' equity, December 31 452,000 400,000
Total assets, December 31 732,000 660,000


Required
Calculate the following ratios for 2013. The 2012 results are given for comparative purposes.

Round answers to one decimal place. Use 365 days in a year.

2012 2013
1. Gross profit percentage 35.5% Answer %
2. Return on assets 8.3% Answer %
3. Return on sales 6.2% Answer %
4. Return on common stockholders' equity
(no preferred stock was outstanding) 13.9% Answer %
5. Accounts receivable turnover 8.0 Answer
6. Average collection period 45.6 days Answer days
7. Inventory turnover 3.6 Answer
8. Times-interest-earned ratio 4.8 Answer
9. Operating-cash-flow-to-capital-expenditures ratio 1.2 Answer

In: Accounting

What does economic theory suggest is the long run relationship between changes in a country’s level...

What does economic theory suggest is the long run relationship between changes in a country’s level of savings and its level of investment? Explain how your answer depends upon whether or not the economy is open or closed.

In: Economics

The following question requires you to upload a document with graphs showing changes over time. You...

The following question requires you to upload a document with graphs showing changes over time. You will need to either use a picture from your phone or software to make your graphs. Use the money market and FX diagrams to answer the following questions.

This question considers the relationship between the United States ($) and the British Pound (£). The exchange rate is in dollars per pound. On all graphs, label the initial equilibrium point A and label all your axes correctly.

Illustrate how a temporary increase in the United States' money supply affects the money and FX markets. Label your short-run equilibrium point B and your long-run equilibrium point C.

Illustrate how each of the following variables changes over time (for United States): nominal money supply, price level, real money supply, United States’s interest rate, and the exchange rate .

In: Economics

Repulsion of electrons within two interacting molecules produces changes in electron distribution. This change in electron...

Repulsion of electrons within two interacting molecules produces changes in electron distribution. This change in electron distribution creates temporary dipole moments. Which of the following does this explain?

Choose one or more:

A. This explains why the dipole-dipole attractive force between dimethyl ether and acetone does not entirely account for the attractive force between these molecules. B. This explains why ammonia and nitrogen gas exhibit an attractive force between them. C. This explains how the molecules hydrogen fluoride and methanol can exhibit uncharacteristically strong intermolecular forces. D. This explains how two noble gases' molecules can have an attractive force between them. E. This explains why long hydrocarbon chains have relatively high boiling points.

In: Chemistry

A carbonic acid/carbonate buffer is used. Explain the action of said buffer in resisting pH changes...

A carbonic acid/carbonate buffer is used. Explain the action of said buffer in resisting pH changes after the addition of NaOH using relevant chemical equations and Le Chateliers Principle.

Thank you.

In: Chemistry