Questions
Bay Marine Supply

By the Bay Marine Supply reported the following comparative income statements for the years ended November 30,2016, and 2015:

By the Bay Marine Supply reported the following comparative income

By the Bay's president and shareholders are thrilled by the company's boost in sales and net income during 2016. Then the accountants for the company discover that ending 2015 inventory was understated by $9,000. Prepare the corrected comparative income statements for the two-year period, complete with a heading for the statements. How well did By the Bay Marine Supply really perform in 2016 as compared with 2015?

 

 

In: Operations Management

Read: Rainie, L., Maniam, S., Rainie, L., & Maniam, S. (2016). Americans feel the tensions between...

Read: Rainie, L., Maniam, S., Rainie, L., & Maniam, S. (2016). Americans feel the tensions between privacy and security concerns. Pew Research Center. Retrievedfrom http://www.pewresearch.org/fact-tank/2016/02/19/americans-feel-the-tensions-between-privacy-and-security-concerns/ Considering homeland security and the rise of domestic terrorism, answer the following: What is your position on ensuring national security versus individual privacy rights? Why?

In: Psychology

The following amounts were obtained from the accounting records of Enderle Company: 2016 2017 2018 Beginning...

The following amounts were obtained from the accounting records of Enderle Company:

2016 2017 2018
Beginning inventory $38,900 (b) (d)
Net purchases (a) $71,200 $91,820
Ending inventory 42,100 (c) 42,350
Cost of goods sold 83,500 90,800 (e)

Required:

Compute the missing amounts.

2016 2017 2018
Beginning inventory $38,900 $ $
Net purchases $71,200 $91,820
Ending inventory 42,100 42,350
Cost of goods sold 83,500 90,800

In: Accounting

On January 1, 2008, Shelly Corp. issued $8,000,000 face value 20-year bonds at 101. Bond issuance...

On January 1, 2008, Shelly Corp. issued $8,000,000 face value 20-year bonds at 101. Bond issuance costs total $40,000. The bonds pay interest semi-annually on Jan 1 and Dec 1. Shelly uses straight-line amortization. On Jan 1, 2016, Shelly calls the entire issue at 103 and cancels it.

Required: Prepare the journal entry for this bond redemption on Jan 1, 2016. Please show all work

In: Accounting

Complete the table for dividend allocation. Mommie Dearest Company began operations in 2015. Mommie Dearest Company...

Complete the table for dividend allocation.

Mommie Dearest Company began operations in 2015.

Mommie Dearest Company has the following stock outstanding for 2015 and 2016:

Common Stock

Preferred Stock (Cumulative)

50,000 shares outstanding

10,000 shares outstanding

$1 par value

$60 par, $6/share dividend rate

Preferred

Common

Year

Total Dividends Declared

Total

Per Share

Total

Per Share

2015

40,000

2016

90,000

In: Accounting

   DATE                                       &nbs

   DATE                                            Ending Inventory(end of year prices)               Price Index

December 31, 2013                                          $ 69,400                                               100

December 31, 2014                                          102,080                                                 116

December 31, 2015                                          110,208                                                 128

December 31, 2016                                          123,816                                                 132

December 31, 2017                                          116,058                                                 138

Use the dollar-value LIFO method to compute the ending inventory for Shamrock Company for 2013 through 2017.

                                                Ending Inventory

2013 - 69400

2014 - ?

2015 - ?

2016 - ?

2017- ?

In: Accounting

Use the following data to prepare a common-size comparative income statement for Old Mill Corporation on...

Use the following data to prepare a common-size comparative income statement for Old Mill Corporation on December 31, 2016. Round percentages to one-tenth percent.

2016

2015

Net sales

$1,151,000

$1,350,000

Expenses:

   Cost of goods sold

$980,000

$860,000

   Selling and general expenses

290,000

230,000

   Interest expense

59,000

59,000

   Income tax expense

71,000

53,000

   Total expenses

$1,400,000

$1,202,000

   Net income

$110,000

$148,000

In: Accounting

need new and unique answers, please. (Use your own words, don't copy and paste), Please Use...

need new and unique answers, please. (Use your own words, don't copy and paste), Please Use your keyboard (Don't use handwriting) Thank you..

Q3:

You have been hired to design a database for prescriptions for RX pharmacies and your first job now is to design an ER model for this database using the following description of that world.

i. patients are identified by their SSN and have other attributes as names, addresses, and ages.

ii. Doctors are identified by their SSN and have other attributes as names, specialty, and years of experience.

iii. Each pharmaceutical company is identified by name and has a phone number.

iv. For each drug, the trade name and formula must be recorded. Each drug is sold by a given pharmaceutical, and the trade name identifies a drug uniquely from among the products of that company. If a pharmaceutical company is deleted, you need not keep track of its products any longer.

v. Each pharmacy sells several drugs and has a price for each. A drug could be sold at several pharmacies, and the price could vary from one pharmacy to another.

vi. Doctors prescribe drugs for patients. A doctor could prescribe one or more drugs for several patients, and a patient could obtain prescriptions from several doctors. Each prescription has a date and a quantity associated with it. You can assume that if a doctor prescribes the same drug for the same patient more than once, only the last such prescriptions needs to be stored.

vii. Pharmaceutical companies have contracts with pharmacies. A pharmaceutical company can have contracts with several pharmacies and a pharmacy can have contracts with several pharmaceutical companies. For each contract, you need to store a start date, an end date and the contract text.

viii. Pharmacies appoint a supervisor for each contract. There must always be a supervisor for each contract.

Hint: Present the conceptual design first, showing (1) all the entities and their attributes, (2) all the relationships and their attributes, (3) all the constraints before drawing your ER.

Specific Requirement /Constraint Type

Requirements and Constraints from the ER diagram

Entities and attributes in ER

(1 Mark)

Relationships and attributes in ER

(0.75 Mark)

Interpretation of each of the constraints represented on the edge labels in ER

(0.75 Mark)

ER Diagram goes next: (1 Mark)

You have to draw it digitally and attach. Note that in the ER diagram, the foreign key attributes that are part of the relationship schemas are not explicitly listed with the relationship but inherited from the entity the relationships are connected to.

Ans.

In: Computer Science

This is a tableau question. Year Sales 2005 49387 2006 53412 2007 56783 2008 58436 2009...

This is a tableau question.

Year Sales
2005 49387
2006 53412
2007 56783
2008 58436
2009 59994
2010 61515
2011 63182
2012 67989
2013 70448
2014 72601
2015 75482
2016 78341
2017 81111
2018 82517
2019 83275
2020 84005

I. (a) Determine the trend line using both linear and two nonlinear equations Hint: You can choose any two of the nonlinear options in edit trend lines within Tableau. (b) Write down the equations (coefficients). Hint: Double click on trend line and click on describe the model.

II. Which trend line would you suggest? Why?

III. Estimate the sales for 2022. Does this seem like a reasonable estimate based on historical data? (Hint: Show Me — first icon on the left hand side)

IV. Check the quality of the forecast prepared by Tableau. Also, Provide Mean Absolute Error (MAE), and the Mean Absolute Percentage Error (MAPE). Hint: one click on forecast area with the right button of your mouse, then describe forecast and check first Summary and later Models.

V. Prepare a dashboard with 4 sheets: Sheet 1 for the trend line using linear function, Sheet 2 for the trend line using one of the nonlinear function of your choice, Sheet 3 for the trend line using another nonlinear function of your preference and Sheet 4 for Forecasting.

In: Statistics and Probability

Problem 9-3 AFN Equation Broussard Skateboard's sales are expected to increase by 15% from $7.2 million...

Problem 9-3
AFN Equation

Broussard Skateboard's sales are expected to increase by 15% from $7.2 million in 2015 to $8.28 million in 2016. Its assets totaled $3 million at the end of 2015. Baxter is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2015, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 3%. Assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar.
$  

Why is this AFN different from the one when the company pays dividends?
-Select-IIIIIIIVVItem 2
I. Under this scenario the company would have a higher level of retained earnings which would increase the amount of additional funds needed.
II. Under this scenario the company would have a higher level of retained earnings but this would have no effect on the amount of additional funds needed.
III. Under this scenario the company would have a lower level of retained earnings which would reduce the amount of additional funds needed.
IV. Under this scenario the company would have a lower level of retained earnings but this would have no effect on the amount of additional funds needed.
V. Under this scenario the company would have a higher level of retained earnings which would reduce the amount of additional funds needed.

In: Finance