Periodic inventory by three methods; cost of goods sold

The units of an item available for sale during the year were as follows:

There are 40 units of the item in the physical inventory at December 31. The periodic inventory system is used.

Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.

You own five apartment complexes. You created a dataset listing the apartment numbers, apartment complex names, number of bedrooms, rental price, whether the apartment is occupied or not, and the date the apartment was last remodeled. You want to insert some functions to perform calculations to help you decide which apartments need to be remodeled. To focus on the apartments that need to be remodeled, you will use advanced filtering and database functions for your analysis. Finally, you are considering purchasing a sixth apartment complex. You will perform some financial calculations and analysis to help you decide if you will purchase the complex.

Instructions:

For the purpose of grading the project you are required to perform the following tasks:

1. Construct a model that has a central carbon atom with four different colored spheres attached to it, representing four different atoms or groups. Fill in the line-and-wedge drawing below to represent this model and answer the following question: (a) Does the model have a plane of symmetry?

The central carbon atom is said to be a chirality center. Most molecules of nature are chiral. The word “chiral” is derived from the Greek word, cheir and means “handed.” Chiral molecules are related to their mirror images in the same way that your left hand is related to your right hand. They are not identical!

Change one of the colored spheres so that two of the four spheres are the same

(b) fill in a 3-D and answer the following questions:

c) Does the molecule now possess a plane of symmetry?

d) In view of your answers to a–b above, what condition is necessary for a molecule to be chiral?

2. Reconstruct the original carbon with four different colored spheres. Set the model on the table. Construct another model that is the mirror image of the first and place it on the table.

a) Try to superimpose the two models. Are they the same or different? If different, in what sense?

b) What is the stereochemical term that relates these two models?

c) What two important properties must the two molecules (models) each have to be related by the term that is the answer to 3b?

Choose one colored sphere on a model and remove it - Change it to match another color on that model. Do the exact same thing on the other model.
d) Are the models still mirror images?

e) Do the models have a plane of symmetry? If there is a plane of symmetry, describe its location.

f) Are the models superimposable?
g) Do the models represent identical or different molecules? Are they chiral? Explain.

Match each statemet with one of the following options

A: ... the same

B....the same

Select the correct statements in the following list.

A horizontal wire carries a current straight toward you. From your point of view, the magnetic field caused by this current circles the wire in a  counter-clockwise direction

The voltage across the terminals of a battery when a current flows is called the electromotive force.

If you connect two identical storage batteries together in parallel, and place them in a circuit, the combination will provide twice the voltage.

A charged particle moves across a constant magnetic field. The magnetic force on this particle causes the particle to accelerate.

Can you show me how to do questions d, i, ii, iii and iv .   

You have following liability: 29-year bond, 6.5% annual coupon, market interest rate is 5%.

a.   What is the present value of this liability?   PV = 1227.12

b.   What is the duration of this liability?    Duration = 15.12

d.   You want to consider immunizing the liability using 8-year and 30- year zero coupon-bonds.

i.   What are the investment weights needed for the two bonds?

ii.   What are the present values of the two bonds needed to immunize the liability?

iii.   What are the face values of the two bonds needed to immunize the liability?

iv.   Build a sensitivity table showing the results of changes in interest rates:

Here are the returns on two stocks.

a-1. Calculate the variance and standard deviation of each stock. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

a-2. Which stock is the riskier if held on its own?

• Digital Cheese

• Executive Fruit

b. Now calculate the returns in each month of a portfolio that invests an equal amount each month in the two stocks. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)

c. Is the standard deviation more or less than half way between the variance of the two individual stocks?

"A new delivery truck is available for $200,000. O&M costs are $21,000 each year for the first five years, $33,600 in year six, $52,100 in year seven, and $81,300 in year eight. Salvage values are estimated to be $150,000 after one year and will decrease at the rate of 17% per year thereafter. At a MARR of 17%, determine the economic service life of the truck. Enter your answer as an integer from 1 to 8."

3-2-1kathleen wants to know whether height and shoe size are realted in women. She stops and surveys some female students on the quad and finds the following information:

1)what is the covariance of there data?

2)What is the coefficient of correlation of these data?

3)What is the relationship between the two variables?

a. Can't be determined

b. Weakly positive

c. Strongly positive

d. Moderately negative

Bill and Debra Jones

In this case you will be preparing – calculating financial reports and information in order to assess the Jones’s financial situation and needs.

First you need to see where they are right now.

Bill Jones 45, and Debra Jones 42 are married with two children ages 6 and 3.

Bill earns $64,000 a year as a school teacher. Debra currently works part time earning $16,000 a year. She is also going to college part time to earn a nursing degree. The college tuition is $3,200 per year she anticipates earning $60,000 when she graduates in 2 years.

Their residence is appraised for tax purposes at $300,000 and has a $197,000 mortgage, and is pretty good condition. The monthly mortgage payment is $1,475, which includes $170 for property taxes and $75 for homeowners insurance and $25 for community association dues. Mortgage interest for this year is estimated to be $9800.

The Jones’s have a checking account that averages $2,500., a $6,500. savings account, 500 shares of Apple Inc. common stock which was left to Debra by her uncle, Bill has an IRA with a current balance of $97,000, he also is a participant in his employers 401 K plan with a $50,000 balance. His pretax monthly contribution to the 401 K $100. They have two automobiles that currently have a fair market value of $22,000; one has a 9,000, loan balance with monthly payments of $260 for another 2 years. Their personal property (furniture, clothing appliances etc.) is valued at $33,000.

Bill has a private term life insurance policy of $100,000, premium is $220 per year, and is covered by group term life insurance with his employer of $100,000. These policies provide only a death benefit.

The family is covered by employer group health plan (PPO) that covers the family and costs $260 per month, which is deducted from Bill’s pay.   Annual homeowner’s insurance premium is $900, automobile insurance premium $2,200. The liability limits on the automobile insurance is state’s minimum at 50/50/100. Neither have any disability insurance.

Average monthly expenditures are; groceries $330, Visa credit card of $100. (Outstanding balance is $2,500) Utilities, electric and Gas $160, water and sewer $40, Telephone internet and cable $80, Cell phones $100. Auto maintenance including fuel $110, Clothing, entertainment, eating out, etc. and other miscellaneous expenditures $130 per month, co pays on medical and dental are $600 annually. Maintenance on the residence is $50 per month. Annual charitable donations are $600.

Bill and Debra’s estimated annual Federal and State income taxes are $3,220 and $900, while Debra’s is $700 and $300 respectively.   

Bill and Debra Jones   Case 1   Prepare and evaluate the Jones’s Statement of Financial Condition (Balance Sheet) and Statement of Cash Flows (Budget) in good presentation form.

Comment on their Financial Condition and their Budget