Prepare journal entries to record the following merchandising transactions of Cabela’s, which uses the perpetual inventory system and the gross method. (Hint: It will help to identify each receivable and payable; for example, record the purchase on July 1 in Accounts Payable—Boden.) Jul. 1 Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated July 1. Jul. 2 Sold merchandise to Creek Co. for $900 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 2. The merchandise had cost $500. Jul. 3 Paid $125 cash for freight charges on the purchase of July 1. Jul. 8 Sold merchandise that had cost $1,300 for $1,700 cash. Jul. 9 Purchased merchandise from Leight Co. for $2,200 under credit terms of 2/15, n/60, FOB destination, invoice dated July 9. Jul. 11 Received a $200 credit memorandum from Leight Co. for the return of part of the merchandise purchased on July 9. Jul. 12 Received the balance due from Creek Co. for the invoice dated July 2, net of the discount. Jul. 16 Paid the balance due to Boden Company within the discount period. Jul. 19 Sold merchandise that cost $800 to Art Co. for $1,200 under credit terms of 2/15, n/60, FOB shipping point, invoice dated July 19. Jul. 21 Issued a $100 credit memorandum to Art Co. for an allowance on goods sold on July 19. Jul. 24 Paid Leight Co. the balance due, net of discount. Jul. 30 Received the balance due from Art Co. for the invoice dated July 19, net of discount. Jul. 31 Sold merchandise that cost $4,800 to Creek Co. for $7,000 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 31. Requirement General Journal General Ledger Trial Balance Schedule of Receivables Schedule of Payables Income Statement Impact on Income

Please Answer Question 2 Only:

You have the following initial information on CMR Co. on which to base your calculations and discussion for questions 1) and 2):
• Current long-term and target debt-equity ratio (D:E) = 1:4
• Corporate tax rate (TC) = 30%
• Expected Inflation = 1.75%
• Equity beta (E) = 1.6385
• Debt beta (D) = 0.2055
• Expected market premium (rM – rF) = 6.00%
• Risk-free rate (rF) = 2.15%

^{1) The CEO of CMR Co., for which you are CFO, has requested that you evaluate a potential investment in a new project. The proposed project requires an initial outlay of $7.15 billion. Once completed (1 year from initial outlay) it will provide a real net cash flow of $575 million in perpetuity following its completion. It has the same business risk as CMR Co.’s existing activities and will be funded using the firm’s current target D:E ratio.
a) What is the nominal weighted-average cost of capital (WACC) for this project?
b) As CFO, do you recommend investment in this project? Justify your answer (numerically).}

Please Answer Question 2 Only:

2) Assume now a firm that is an existing customer of CMR Co. is considering a buyout of CMR Co. to allow them to integrate production activities. The potential acquiring firm’s management has approached an investment bank for advice. The bank believes that the firm can gear CMR Co. to a higher level, given that its existing management has been highly conservative in its use of debt. It also notes that the customer’s firm has the same cost of debt as that of CMR Co. Thus, it has suggested use of a target debt-equity ratio of 2:6 when undertaking valuation calculations.
a) What would the required rate of return for BFS Co.’s equity become if the proposed gearing structure were adopted following acquisition by the customer?
b) Would the above project described in 1) be viable for the new owner of BFS Co.? Justify your answer (numerically).

Please Only answer Question 2: Question 1 has been given for context of the question

Concord Corporation provides security services. Selected transactions for Concord are as follows.

Post the transactions to T-accounts.

Consider the following information. Which of the following is correct? Check all that apply.

Date: October 8, 2020.   Name: Apple Computer.   Symbol: AAPL.   Close: 116, up $1. Day high: 117. Day low: 115. Volume: 133 million shares. 10-day average volume: 139.5 million shares. Market capitalization: $2 trillion. Dividend: 2.5%. PE: 35. Beta 1.3. YTD % change: 55%.

Check All That Apply

• Annual dividends total $2.50.

  Annual dividends total $2.50.

• Earnings per share in the last four quarters was $3.31.

  Earnings per share in the last four quarters was $3.31.

• The dollar volume of shares traded October 8 was $15,428,000.

  The dollar volume of shares traded October 8 was $15,428,000.

• The stock price at the beginning of the year was $74.84. The stock price at the beginning of the year was $74.84.

• The stock is more volatile than the general market.

Problem 6-2A

Express Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 4,000 of Fishe’s CDs with a unit cost of $7. During October, Express made the following purchases of Fishe’s CDs. Oct. 3 5,000 @ $8 Oct. 19 6,000 @ $10 Oct. 9 7,000 @ $9 Oct. 25 8,000 @ $11 During October, 21,800 units were sold. Express uses a periodic inventory system.

a) Determine the cost of goods available for sale. Cost of goods available for sale

b) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Weighted average cost per unit

c) Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost).

Please show work!

Statistics and Graphical Displays

Valencia Orange Price Comparison

You have been hired as a consultant to determine who ABC Grocery Store should be ordering Valencia Oranges from.

To: Statistician

From: ABC Grocery Store

Please advise us on which company to use as our orange distributor. Three highly recommended distributors have provided us with statistical data on the weekly prices for one load of Valencia oranges per week for a ten-week period last year. Prices fluctuate according to availability, and we would like to use the company with the lowest overall price and the least amount of fluctuation. We would like your written report showing your results and a detailed recommendation as to which company we should choose.

Here are the prices, listed as price in dollars per crate:

You must type in and analyze the data for each company.    

Helpful directions:

1. Analyze the data for each company: frequency, relative frequency, mean, median, mode, standard deviation, and range. (I already made a chart which is show right below this question for this and answered it. I just need help with the rest please)

2. 	The Fruit Guys	Sunny Oranges	Tree Groves
   Mean	327	318	317.9
   Median	327.5	315	315
   Mode	350	315	290,320
   Standard Deviation	20.761	20.273	22.421
   Range	65	60	69
   Frequency	3270	3180	3179
   Relative Frequency	355	350	359

3. You need to decide which statistics to compare to determine the overall lowest price and the least fluctuation. Create and include at least two charts that will be useful to best support your conclusions. (PLEASE DRAW THE CHARTS, THANK YOU!)
4. Write a brief informative letter in response to the request from ABC Grocery answering their request. Be sure to include:
   1. A very detailed explanation of the data and the conclusions you came to. You should use the statistics you calculated to make this decision. (HELPPPPP PLEASEEEE! THANK YOU******)
   2. Charts to support your explanation.
5. Attach copies of the Excel pages or embed the Excel work in your letter of response.

Carlton Goods Co. makes household appliances at a single manufacturing facility. The expected demand for one of these appliances during the next four months is shown in the table below along with the expected production costs and the expected capacity for producing these items.

Carlton estimates that it costs $2.50 per month for each unit of this appliance carried in inventory, estimated by averaging the beginning and ending inventory levels for each month. For instance, if the beginning inventory of one month is 180 and the ending inventory is 220, the “average” inventory for that month will be (180+220)/2 = 200 and therefore inventory cost will be 2.5 × 200 = 500.

Currently, Carlton has 120 units in inventory on hand for this product. To maintain a level workforce, Carlton wants to produce at least 350 units in each month. It also wants to maintain a safety stock of at least 60 units at the end of each month. Carlton wants to know how many appliances to manufacture during each of the next 4 months to meet expected demand at the lowest cost.  

a)    Formulate the problem as a linear program. Clearly define your decision variables and write the objective function and all constraints in algebraic form.

b)    Create a spreadsheet model for this problem in Excel and solve it with Solver. Attach three snapshots of your setup:  Final view, Formula view, and Solver setup.

c)     What is the optimal solution? What is the total cost of this production plan?

22 a

Assume the following S corporations and gross receipts, passive investment income, and corporate E&P. Will any of these corporations have its S election terminated due to excessive passive income? If so, in what year? All became S corporations at the beginning of year 1. (Leave no answer blank. Select "NA" if no effect.)

a. Clarion Corp.

b. Hanson Corp.

c. Tiffany Corp.

d. Jonas Corp.

would the S election be terminated?when?

RCA has developed five alternative album covers for the new Clay Aiken cd. On cover one, Clay is surrounded by kitties. On cover two, Clay is surrounded by beautiful women in revealing swimwear. On cover three, Clay’s face has been painted to look like Peter Criss of the rock & roll band “Kiss.” On cover four, Clay is pictured playing miniature golf with his friend Ruben. On cover five, all the viewer sees is a close-up of Clay’s freshly-ironed hair. 20 subjects are shown cover 1 and asked a 5-point (1=strongly agree to 5=strongly disagree) Likert question “I want to buy this CD”, with a mean response of 4.4. 20 subjects are shown cover 2 and asked the same question, with a mean response of 2.05. 20 subjects are shown cover 3 and asked the same question with a mean response of 2.95. 20 subjects are shown cover 4 and asked the same question with a mean response of 3.20. Finally, 20 subjects are shown cover 5 and asked the same question with a mean response of 1.95. The grand mean response across all covers was 2.91. RCA researchers Tiffany Kiessling and Erica Hernandez have begun the analysis, but the computer has broken down before their analysis was complete. Take what is left and sort out the details, testing at the 0.05 level.

SSA = 79.34          SSE = 146.85

State Hypotheses:

Show work:

What is the value of the test statistic?

What is the value of the standard?

What is the result of the test?

REWORD THE TEXT TO 6TH GRADE LEVEL DO NOT USE ONLINE SOURCES PLEASE

• Obama was expected to give his keynote speech on Tuesday night 27 July. Before his presentation, some Obama advisors were worried, because it was the first time he had used a teleprompter.Obama soon went into a brief autobiographical session talking about his grand-dad made a living by working as a servant for the British, to his own dad who had got a scholarship so that he could come to the United States. Then talked about his mother's family, explaining his grandfather fighting in World War II under Patton while his grandmother was working and taking care of his mom..  

• He spoke about the simple librety enunciated in the Declaration of Independence, and he said in the 2004 election he thought was a time to reassure these values and remember that "We have more work to do." He then went on to mention several Americans he met who weren’t doing good with jobs, healthcare, and education, saying that "they don't expect the government to fix all their problems, but they hope, deep in their hearts, that with just a small change in priorities, we can ensure that every child in America has a fair shot at life and that the doors in opportunity remain open to all.In the next piece of his speech, Obama addressed John Kerry, stating his core principles and convictions on a variety of topics, interrupted by a tale of a young Marine he had met and affirmed that when military action is conducted, the families and soldiers involved must be looked after and that there is a duty to never go to war without adequate troops to win the war, secure peace and gain world respect. "Obama subsequently returned to Kerry and expressed his determination to keep America safe. Obama then discussed the notions of community and cohesion in America that individuals suffering elsewhere affects us even though we are not directly involved in it.