Burns Corporation's net income last year was $99,200. Changes in the company's balance sheet accounts for the year appear below:
| Increases (Decreases) |
|||
| Asset and Contra-Asset Accounts: | |||
| Cash and cash equivalents | $ | 21,900 | |
| Accounts receivable | $ | 13,500 | |
| Inventory | $ | (16,800 | ) |
| Prepaid expenses | $ | 4,100 | |
| Long-term investments | $ | 10,200 | |
| Property, plant, and equipment | $ | 77,000 | |
| Accumulated depreciation | $ | 33,200 | |
| Liability and Equity Accounts: | |||
| Accounts payable | $ | (19,600 | ) |
| Accrued liabilities | $ | 16,800 | |
| Income taxes payable | $ | 4,200 | |
| Bonds payable | $ | (61,200 | ) |
| Common stock | $ | 41,600 | |
| Retained earnings | $ | 94,900 | |
The company did not dispose of any property, plant, and equipment, sell any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend of $4,300.
Required:
a. Prepare the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.)
b. Prepare the investing activities section of the company's statement of cash flows for the year.
c. Prepare the financing activities section of the company's statement of cash flows for the year.
In: Accounting
Examine the stock market changes in the recent years, especially after the credit crisis in 2007-08. What has happened to the stock market? Do you find the market volatile?
In: Finance
Explain What is being executed in this code. State all changes in values when traversing loops.
#include <stdio.h>
#define NUM_PRODUCTS 2
#define NUM_CATEGORIES 2
#define NUM_DIGITS 2
struct ProductInfo
{
int prodID;
int numberInStock;
double unitPrice;
};
int main(void)
{
struct ProductInfo productList[NUM_PRODUCTS] =
{
{78, 8, 19.95},
{95, 14, 22.98}
};
int categoryCount[NUM_CATEGORIES] = { 0 };
int i, j, sum, id, divisors[] = { 10, 1 };
for (i = 0; i < NUM_PRODUCTS; i++)
{
sum = 1;
id = productList[i].prodID;
for (j = 0; j < 2; j++)
{
sum *= id / divisors[j];
id = id % divisors[j];
}
categoryCount[sum % NUM_CATEGORIES] += productList[i].numberInStock;
}
for (i = 0; i < NUM_CATEGORIES; i++)
{
if (categoryCount[i] % 2 == 0)
{
printf("Category %d has %d items\n", i, categoryCount[i]);
}
}
return 0;
}
In: Computer Science
Describe how personality in adulthood changes and also how it remains stable. According to Erikson, what is the major goal of adulthood? What types of experiences in adulthood would lead to that? According to the Big Five Factor of Personality, where do you think you fall on traits such as openness, conscientiousness, extroversion, agreeableness, and neuroticism? One of the major personality stereotypes in adulthood is the concept of the midlife crisis. What do researchers say about the midlife crisis?
In: Psychology
First make the changes in P82.cpp and call the new program ex82.cpp. Compile and run the program and make sure it produces the correct results. Here is what you need to do for the exercise:
Overload the % operator such that every time
you use it, it takes two objects of type AltMoney as its arguments
and returns:
a) 5% of the difference between the income and expenditure, if
income is larger than the expenditure
b) -2% if the the expenditure is larger than the income.
c) 0 if the expenditure is the same as income
Note that, by doing this, you are required to overload the
greater than sign (>), the smaller than sign (<), and the ==
sign.
#include<iostream>
#include<cstdlib>
using namespace std;
class AltMoney
{
public:
AltMoney();
AltMoney(int d, int c);
friend AltMoney operator +(AltMoney m1, AltMoney m2);
void display_money();
private:
int dollars;
int cents;
};
void read_money(int& d, int& c);
int main()
{
int d, c;
AltMoney m1, m2, sum;
sum = AltMoney(0, 0);
read_money(d, c);
m1 = AltMoney(d, c);
cout << "The first money is:";
m1.display_money();
read_money(d, c);
m2 = AltMoney(d, c);
cout << "The second money is:";
m2.display_money();
sum = m1 + m2;
cout << "The sum is:";
sum.display_money();
return 0;
}
AltMoney::AltMoney()
{
}
AltMoney::AltMoney(int d, int c)
{
dollars = d;
cents = c;
}
void AltMoney::display_money()
{
cout << "$" << dollars << ".";
if (cents <= 9)
cout << "0"; //to display a 0 on the left for numbers less than 10
cout << cents << endl;
}
AltMoney operator +(AltMoney m1, AltMoney m2)
{
AltMoney temp;
int extra = 0;
temp.cents = m1.cents + m2.cents;
if (temp.cents >= 100) {
temp.cents = temp.cents - 100;
extra = 1;
}
temp.dollars = m1.dollars + m2.dollars + extra;
return temp;
}
void read_money(int& d, int& c)
{
cout << "Enter dollar \n";
cin >> d;
cout << "Enter cents \n";
cin >> c;
if (d < 0 || c < 0)
{
cout << "Invalid dollars and cents, negative values\n";
exit(1);
}
}
In: Computer Science
In: Finance
In: Computer Science
In: Finance
In a narrative format, discuss Auto Zone from a strategic perspective. Information concerning recent changes in the firm is readily available online and should be accessed. Strategic issues should be discussed in “real time.”
In: Operations Management
Describe in what ways new reproductive technology is changing families. Do you think the changes in the family structure have a major influence on our society, its social institutions, its structure, & composition? What would be some of the consequences of one such major change?
(For this question, keep your answer focused on how the structure of 'family' as a social unit is changing because of improvements in reproductive technologies.)
In: Psychology