Questions
Write a java program that prompts user to enter his name and KSU ID using format...

Write a java program that prompts user to enter his name and KSU ID using format name-ID as one value, his gender as char, and his GPA out of 5. Then your program should do the following:

Print whether the ID is valid or not, where a valid ID should be of length = 9, and should start with 4.
Calculate the GPA out of 100 which is calculated as follows GPA/5 * 100.
Update the name after converting the first letter to uppercase.
Print “Mr.” before name if the gender is ‘M’, and print “Mrs.” before name if the gender is ‘F’. Otherwise print message “invalid gender” without name and GPA. Then print the new GPA.

In: Computer Science

John and Mary Jane Diaz are married, filing jointly. Their address is 204 Shoe Lane, Blacksburg,...

John and Mary Jane Diaz are married, filing jointly. Their address is 204 Shoe Lane, Blacksburg, VA 24061. John is age 35, and Mary Jane is age 30. They are expecting their first child in early 2019. John's salary in 2018 was $105,000, from which $20,800 of Federal income tax and $4,700 of state income tax were withheld. Mary Jane made $52,000 and had $3,000 of Federal income tax and $3,100 of state income tax withheld. The appropriate amounts of FICA tax and Medicare tax were withheld for John and for Mary Jane. John’s Social Security number is 111 -11 -1111, and Mary Jane’s Social Security number is 123-45-6789.

John and Mary Jane are both covered by their employer's medical insurance policies with four-fifths of the premiums being paid by the employers. The total premiums were $10,000 for John and $6,200 for Mary Jane. Mary Jane received medical benefits of $7,300 under the plan. John was not ill during 2018. Mary Jane paid non-covered medical expenses of $1,300.

John makes child support payments of $15,000 for his son, Rod, who lives with June, John's former spouse, except for two months in the summer when he visits John and Mary Jane. At the time of the divorce, John worked for a Fortune 500 company and received a salary of $225,000. As a result of corporate downsizing, he lost his job.

Mary Jane’s father lived with them until his death in November. His only sources of income were salary of $2,800, unemployment compensation benefits of $3,500, and Social Security benefits of $4,100. Of this amount, he deposited $6,000 in a savings account. The remainder of his support of $9,500, which included funeral expenses of $4,500, was provided by John and Mary Jane. Other income received by the Diazes was as follows:

Interest on certificates of deposit $3,500

Share of S corporation taxable income (distributions from the S corporation to Mary Jane were $1,100; assume no wage limitation for qualified business income deduction) 1,500

Share of John’s limited partnership taxable loss (his basis is $3,000) (2,500)

Award received by Mary Jane from employer for an outstanding suggestion for cutting costs 4,000

John has always wanted to operate his own business. In October 2018, he incurred expenses of $15,000 in investigating the establishment of a retail computer franchise. With the birth of their child expected next year, however, he decides to forgo self-employment for at least a couple of years.

John and Mary Jane made charitable contributions of $3,700 during the year and paid an additional $1,800 in state income taxes in 2018 upon filing their 2017 state income tax return. Their deductible home mortgage interest was $8,200, and their property taxes came to $4,800. They paid sales taxes of $2,000, for which they have receipts. They paid a ticket of $150 that Mary Jane received for running a red light (detected by a red light camera).

Calculate John and Mary Jane’s tax (or refund) due for 2018. Forms to use – 1040, Schedule A, B and E (page 2), 8582 schedules 1-5 as needed.

With all the forms

Forms to use – 1040, Schedule A, B and E (page 2) and 8582.

In: Accounting

Vittoria Ltd requires a Statement of Cash Flows to be prepared for the year ended 31...

Vittoria Ltd requires a Statement of Cash Flows to be prepared for the year ended

31 March 2018, the following information has been collected for this purpose.

Vittoria Ltd Balance Sheets as at 31 March

2017

2018

Cash

$176 000

$239 000

Accounts receivable

220 000

280 000

Allowance for doubtful debts

(30 000)

(40 000)

Inventory

90 000

100 000

Plant and equipment

900 000

1 074 000

Accumulated depreciation

(80 000)

(100 000)

Total assets

$1 276 000

$1 553 000

Accounts payable

80 000

70 000

Interest payable

1 000

2 000

Income tax payable

76 000

88 000

Long term loans

109 000

148 000

Share capital

400 000

500 000

Asset revaluation surplus

-

30 000

Retained earnings

610 000

715 000

Total equity and liabilities

$1 276 000

$1 553 000

Vittoria Ltd SCI for the year ended 31 March 2018:

Sales

$885 000

Less expenses:

   COGS

240 000

  Depreciation expense

90 000

   Interest expense

6 000

   Doubtful debts expense

40 000

   Salaries and wages expense

200 000

   Income tax expense

84 000

  Other expenses

120 000

Profit after tax

105 000

OCI: Revaluation gain

30 000

TCI

$135 000

Additional information:

Vittoria Ltd classifies interest expense and dividends paid as cash outflows from financing activities.

Plant and equipment, with a fair value of $100 000, has been acquired by the issue of

$100 000 worth of fully paid Vittoria Ltd shares to the sellers of the plant and equipment.

During the year, equipment that originally cost $100 000 was sold for $30 000 cash.

Plant and equipment was revalued upwards by $30 000.

A long-term loan of $30 000 was specifically organised for the purchase of plant and equipment costing $30 000.  

Required:

(iii) Prepare a statement of cash flows for Vittoria Ltd, for the year ended 31 March 2018, in accordance with NZ IAS 7 Statement of Cash Flows. Vittoria Ltd uses the directmethod for the cash flows from operating activities (CFOA) section. Complete the necessary reconciliation, as required by NZ FRS-44, to be included in the notes.

      (iii) Vittoria Ltd Statement of Cash Flows for the year ended 31 March 2018

Cash flows from operating activities:        

             $

     Cash generated from operations

         

Net cash (used in)/from operating activities

Cash flows from investing activities

Net cash (used in)/from investing activities

Cash flows from financing activities

  

Net cash (used in)/from financing activities

Net increase/(decrease) in cash and cash equivalents                            

Cash and cash equivalents at beginning of period  

Cash and cash equivalents at end of period       

Reconciliation of net cash from operating activities to profit:

Transactions of a non-cash basis:

Deferrals or accruals of past or future operating cash receipts or payments:

Items of income/expense included in profit and classified as CFIA/CFFA:

CFOA = cash flows from operating activities, CFIA = cash flows from investing activities and CFFA = cash flows from financing activities.        

In: Accounting

QUESTION TWO The following are financial statements of Buchi Ltd for the year ended 31 December...

QUESTION TWO
The following are financial statements of Buchi Ltd for the year ended 31 December 2019
Statement of comprehensive income for the year ended 31 December 2019
K
K
Revenue
900 000
Cost of sales
475 000
Gross profit
425 000
Operating expenses
220 000
Interest
13 000
Loss on sale of equipment
2 000
(235 000)
Net profit before tax
190 000
Tax
65 000
Net profit after tax
125 000
Statement of financial position as at 31 December 2019
2019
2018
Non-current assets
K
K
K
K
Land
55 000
80 000
Buildings
180 000
190 000
Equipment
155 000
48 000
Current assets
Stock
50 000
0
Prepaid expenses
3 000
5 000
Debtors
67 000
25 000
Cash
55 000
30 000
175 000
68 000
565 000
386 000
Equity and liabilities
Ordinary share capital
230 000
70 000
Retained income
196 000
126 000
426 000
196 000
Non-current liabilities
Debentures
106 000
150 000
Current liabilities
Creditors
33 000
40 000
565 000
386 000
6
You are given the following additional information:
1. Depreciation amounting to K33 000 and amortisation of prepaid expenses of K2 000 are included in operating expenses.
2. Equipment that cost K41 000, with a book value of K36 000 was sold for K34 000.
3. Dividends of K55 000 were declared and paid during the year.
Required
(a) Describe the importance of the cash flow statement.
(b) Prepare the statement of cash flows for Buchi Ltd for the year ended 31 December 2019 using the indirect method.

In: Accounting

Permata Berhad’s Statement of Comprehensive Income and Statement of Financial Position are given below. Statement of...

Permata Berhad’s Statement of Comprehensive Income and Statement of Financial Position are given below.

Statement of Comprehensive Income for the year ended 31 December 2019

$’000

Revenue (Sales)

1,440

Cost of goods sold

(140)

Staff cost

(180)

Depreciation

(200)

Loss on sale of plant

(30)

890

Interest expense

(40)

Gain on sale of investment

25

Income from investment

50

Profit before taxation

925

Taxation

(210)

Profit after taxation

715

Other Comprehensive Income

Surplus on revaluation of land

100

Total comprehensive income

815

Statement of Financial Position as at 31 December 2019

2019

2018

$’000

$’000

Equity

Ordinary shares

1,320

1,100

Revaluation reserve

210

110

Retained earnings

913

320

Non-Current Liabilities

8% Debentures

400

450

6% Redeemable preference shares

500

550

Current Liabilities

Bank overdraft

80

120

Trade payables

55

42

Tax payable

10

25

Total Equity and Liabilities

3,488

2,717

Non-Current Assets

Land and building (revalued)

1,750

1,650

Accumulated depreciation – building

(120)

(110)

Plant and machinery – carrying value

1,170

790

Development expenditure

478

Investment

110

280

Current Assets

Inventories

40

56

Trade receivables

33

20

Cash in hand

27

31

Total Assets

3,488

2,717

Additional information:

  1. Dividends paid during the year on preference shares were $50,000 and on ordinary shares were $72,000.
  1. A plant was disposed of for $200,000. Its carrying amount was $230,000.
  1. Land was revalued and surplus on revaluation was $100,000. No property was acquired or disposed during the year.
  1. There was no amortization of development expenditure.
  1. No new investments were acquired.
  1. Preference shares and debentures were redeemed. No premium was paid for the redemption.

Required:

Prepare the Statement of Cash Flows for Permata Berhad for the year ended 31 December 2019 using the Direct Method.                                                                                                    

In: Accounting

Permata Berhad’s Statement of Comprehensive Income and Statement of Financial Position are given below. Statement of...

Permata Berhad’s Statement of Comprehensive Income and Statement of Financial Position are given below.

Statement of Comprehensive Income for the year ended 31 December 2019

$’000

Revenue (Sales)

1,440

Cost of goods sold

(140)

Staff cost

(180)

Depreciation

(200)

Loss on sale of plant

(30)

890

Interest expense

(40)

Gain on sale of investment

25

Income from investment

50

Profit before taxation

925

Taxation

(210)

Profit after taxation

715

Other Comprehensive Income

Surplus on revaluation of land

100

Total comprehensive income

815

Statement of Financial Position as at 31 December 2019

2019

2018

$’000

$’000

Equity

Ordinary shares

1,320

1,100

Revaluation reserve

210

110

Retained earnings

913

320

Non-Current Liabilities

8% Debentures

400

450

6% Redeemable preference shares

500

550

Current Liabilities

Bank overdraft

80

120

Trade payables

55

42

Tax payable

10

25

Total Equity and Liabilities

3,488

2,717

Non-Current Assets

Land and building (revalued)

1,750

1,650

Accumulated depreciation – building

(120)

(110)

Plant and machinery – carrying value

1,170

790

Development expenditure

478

Investment

110

280

Current Assets

Inventories

40

56

Trade receivables

33

20

Cash in hand

27

31

Total Assets

3,488

2,717

Additional information:

  1. Dividends paid during the year on preference shares were $50,000 and on ordinary shares were $72,000.
  1. A plant was disposed of for $200,000. Its carrying amount was $230,000.
  1. Land was revalued and surplus on revaluation was $100,000. No property was acquired or disposed during the year.
  1. There was no amortization of development expenditure.
  1. No new investments were acquired.
  1. Preference shares and debentures were redeemed. No premium was paid for the redemption.

Required:

Prepare the Statement of Cash Flows for Permata Berhad for the year ended 31 December 2019 using the Direct Method.                                                                                                    

In: Accounting

Translate the following various trial balance accounts into financial statements. Eg – Sort assets, current and...

Translate the following various trial balance accounts into financial statements. Eg – Sort assets, current and non-current; Liabilities, current and non-current etc.

Also include notes of entries that need to be combined, e.g (Accumulated depreciation:

“note x

Accumulated amortisation - Software
Accumulated depreciation – Buildings
Accumulated depreciation – Computers
Accumulated depreciation – Furniture &
Accumulated depreciation – Motor vehicles
Accumulated depreciation – Plant & equipment

= “

All following the AASB.

Company is a large childcare service.

Accounts payable
Accounts receivable
amortisation - Leasehold
Accumulated amortisation - Software
Accumulated depreciation – Buildings
Accumulated depreciation – Computers
Accumulated depreciation – Furniture &
Accumulated depreciation – Motor vehicles
Accumulated depreciation – Plant & equipment
Acquisition costs
Administrative expenses
Advertising
Allowance for doubtful debts
Annual leave provision
Bad debts expense
Bank Loan (MyBank)
Brand (Carer Fix)
Buildings at cost
Cash at bank
Catering expenses
Childcare enrolment advances
Childcare services
Computers at cost
Consumables (Office supplies on hand)
Cost of sales
Current tax liability
Deferred tax asset/liability
Deposits paid
Depreciation expense
Discounts given
Educational resources (consumables eg. art & craft)
Employee related payables
Fundraising activities expense
Fundraising activities income
Furniture and fittings (at cost)
General reserve
Goodwill
GST receivable
Income tax expense
Interest expense
Interest income
Interest receivable
Inventory
Land
Lease liability
Leasehold improvements at cast
Long service leave provision
Loss on revaluation
Motor vehicles (at cost)
Office supplies expense
Petty cash
Plant & equipment (at cost
Playroom supplies (expense)
Prepayments
Rental expenses
Repairs & maintenance
Retail sales
Retained earnings
Revaluation surplus
Share capital
Software - at cost
Subscriptions
Term deposit (matures 23 April 2018)
Utility expenses (electricity, rates & water)
Wages and salaries

In: Accounting

If muscle myosin is non-processive, then how is it that we can contract our muscles and...

If muscle myosin is non-processive, then how is it that we can contract our muscles and hold them that way for a sustained period of time? That is, how can our muscles resist a counter force (for example a heavy object) and contract continuously when we lift it despite the fact that the motor protein, myosin II, is non-processive?

In: Biology

Choose which statistic to use and conduct your analysis: Assess the differences between Southerners and Non-Southerners...

Choose which statistic to use and conduct your analysis:

Assess the differences between Southerners and Non-Southerners on Church Attendance per Month. Below are number of days per month attended by South and non-South residents.

South

NonSouth

16

8

13

5

12

4

15

8

11

1

In: Statistics and Probability

A survey of non–profit organizations showed that fundraising has increased past year. Based on a sample...

A survey of non–profit organizations showed that fundraising has increased past year. Based on a sample of 30 non–profit organizations the mean one–time gift donation in the past year was $75 with standard deviation of $9. At the 0.01 level of significance, is there evidence that the mean one–time gift donation is greater than $70.

In: Statistics and Probability