Pick 5 business
Each of one need:
1. Explain their revenue stream (type)
2. Explain when the revenue would be recognized ("earned") under the accrual method
3.Will there be a different gross and net sales?
4.Name 1 Cogs, if applicable
5.Name 1 variable operation expenses
6.Name 1 fixed operating expenses
In: Finance
In: Computer Science
In C,
1) Create variables for:
your first and last name
total round trip to school and home (assuming you don't live on campus - make it your hometown).
cost of gas
2) Create a program that will:
output your first name and your total miles driven for the week.
output your last name with the total costs per week
In: Computer Science
From the following mySql query create a function that returns a nth value of a table:
SELECT name, (SUM(price * quantity)) AS TotalPrice
FROM Items NATURAL JOIN Inventory
GROUP BY name
ORDER BY (TotalPrice) DESC
LIMIT 1, OFFSET 1;
Shema:
Inventory(name: String,item:String,quantity:integer)
Items(item: String, brand: String, price:double)
In: Computer Science
|
Bayside, Inc. 2017 Income Statement ($ in thousands) |
|||
| Net sales | $ | 6,170 | |
| Cost of goods sold | 4,590 | ||
| Depreciation | 395 | ||
| Earnings before interest and taxes | $ | 1,185 | |
| Interest paid | 44 | ||
| Taxable income | $ | 1,141 | |
| Taxes | 399 | ||
| Net income | $ | 742 | |
|
Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) |
|||||||||||||
| 2016 | 2017 | 2016 | 2017 | ||||||||||
| Cash | $ | 145 | $ | 250 | Accounts payable | $ | 1,710 | $ | 1,770 | ||||
| Accounts rec. | 1,130 | 970 | Long-term debt | 880 | 680 | ||||||||
| Inventory | 1,805 | 2,130 | Common stock | 3,380 | 3,350 | ||||||||
| Total | $ | 3,080 | $ | 3,350 | Retained earnings | 950 | 1,200 | ||||||
| Net fixed assets | 3,840 | 3,650 | |||||||||||
| Total assets | $ | 6,920 | $ | 7,000 | Total liab. & equity | $ | 6,920 | $ | 7,000 | ||||
How many dollars of sales were generated from every dollar of fixed
assets during 2017?
In: Finance
Construct the Operating Activities part ONLY for 2017 from the Statement of Cash Flows based on the information below:
| Thomas Company 2017 Income Statement ($ in millions) |
|||
| Net sales | $ | 9,530 | |
| Cost of goods sold | 7,760 | ||
| Depreciation | 465 | ||
| Earnings before interest and taxes | $ | 1,305 | |
| Interest paid | 104 | ||
| Taxable income | $ | 1,201 | |
| Taxes | 420 | ||
| Net income | $ | 781 | |
| Thomas Company 2016 and 2017 Balance Sheets ($ in millions) |
|||||||||||||
| 2016 | 2017 | 2016 | 2017 | ||||||||||
| Cash | $ | 230 | $ | 260 | Accounts payable | $ | 1,370 | $ | 1,385 | ||||
| Accounts rec. | 1,000 | 900 | Long-term debt | 1,100 | 1,300 | ||||||||
| Inventory | 1,810 | 1,695 | Common stock | 3,340 | 3,250 | ||||||||
| Total | $ | 3,040 | $ | 2,855 | Retained earnings | 640 | 890 | ||||||
| Net fixed assets | 3,410 | 3,970 | |||||||||||
| Total assets | $ | 6,450 | $ | 6,825 | Total liab. & equity | $ | 6,450 | $ | 6,825 | ||||
In: Finance
At year-end 2016, a company total assets were $1.8 million, and its accounts payable were $350,000. Sales, which in 2016 were $2.8 million, are expected to increase by 30% in 2017. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Company typically uses no current liabilities other than accounts payable. Common stock amounted to $360,000 in 2016, and retained earnings were $260,000. Company has arranged to sell $120,000 of new common stock in 2017 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2017. Its net profit margin on sales is 8%, and 45% of earnings will be paid out as dividends. How much new long-term debt financing will be needed in 2017?
In: Finance
|
Cherokee Company's auditor discovered some errors. No errors were corrected during 2015. The errors are described as follows: |
| (1.) | Beginning inventory on January 1, 2015, was understated by $5,000. |
| (2.) |
A two-year insurance policy purchased on April 30, 2015, in the amount of $18,600 was debited to Prepaid Insurance. No adjustment was made on December 31, 2015, or on December 31, 2016. |
| Required: |
|
Prepare appropriate journal entries (assume the 2016 books have not been closed). Ignore income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Transaction List: 1 Beginning inventory on January 1, 2015, was understated by $5,000. 2 A two-year insurance policy purchased on April 30, 2015, in the amount of $18,600 was debited to Prepaid Insurance. No adjustment was made on December 31, 2015, or on December 31, 2016. |
In: Accounting
Misco Speaker Company manufactures portable bluetooth speakers. The following selected financial information for the fiscal year 2016 is provided: (amounts are in thousands) Item Amount Sales $150,000 Cost of Goods Manufactured 75,650 Direct Material Purchased 36,200 Factory Overhead 10,950 Work in Process - January 1 32,600 Work in Process - December 31 17,420 Direct Material - December 31 12,000 Finished Goods Inventory - December 31 59,000 Net Income 20,670 Direct Materials used 34,500 Cost of Goods Sold 58,000 Use this information to prepared a detailed Schedule of Costs of Goods Manufactured for FY 2016: (Round dollar values & enter as whole dollars only.) Misco Speaker Company Statement of Costs of Goods Manufactured for the year ended December 31, 2016 Direct Materials Direct Material Purchased
In: Accounting
2.
One in four Americans (25%) surveyed in a poll in 2016 said that
they didn’t read a single book within the last 12 months. When Pew
Research surveyed 1,520 adults living in all 50 U.S. states and the
District of Columbia in 2016, they learned that the number of
respondents that didn’t read a book within the last year did not
budge from 2015 figures. A recent sample of 120 people indicated
that 41 of them didn’t read a book within the last year.
In: Statistics and Probability