The following accounts, among others, appeared on ZZ Company's balance
sheet at January 1, 2020 and December 31, 2020:

                  January 1, 2020       December 31, 2020

Accounts receivable    48,000                63,000
Utilities payable      20,000                26,000
Notes payable          71,000                80,000
Common stock           30,000                90,000
Retained earnings      22,000                78,000

The following information was taken from ZZ Company's 2020 income
statement:

Sales revenue                   $500,000
Cost of goods sold               280,000
Other expenses                   120,000
Net income                      $100,000

Calculate the amount of cash collected from customers during 2020.

During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: Jan. 6 Sold goods for $100 to Wizard Inc. with terms 2/30, n/60. The goods cost Solitare $70. 6 Sold goods to Spyder Corp. for $80 with terms 5/10, n/60. The goods cost Solitare $60. 14 Collected cash for the amount due from Wizard Inc. Feb. 28 Collected cash for the amount due from Spyder Corp. Required: Compute the total revenue Solitare would report over the two months.

Thrifty Storage operates approximately 300? mini-warehouses across Canada. The? company's headquarters are in Medicine? Hat, Alberta. During? 2014, Thrifty earned rental revenue of $ 30.5 million and collected cash of ?$26.0 million from customers. Total expenses for 2014 were ?$20.0 ?million, of which Thrifty paid ?$17.2 million. Required 1. Apply the recognition criteria for revenues and the matching objective to compute Thrifty ?Storage's net income for 2014. 2. Identify the information that you did not use to compute Thrifty ?Storage's net income. Give the reason for not using the information

Alberta Storage operates approximately 300? mini-warehouses across Canada. The? company's headquarters are in Medicine? Hat, Alberta. During? 2014, Alberta earned rental revenue of $ 28.0 million and collected cash of ?$27.6 million from customers. Total expenses for 2014 were ?$20.4 ?million, of which Alberta paid ?$17.7 million. Required 1. Apply the recognition criteria for revenues and the matching objective to compute Alberta ?Storage's net income for 2014. 2. Identify the information that you did not use to compute Alberta ?Storage's net income. Give the reason for not using the information

1. In addition to requiring that the accounting equation remain in balance, the double-entry system also requires that:

the number of asset accounts must equal the number of liability and stockholder's equity accounts.

for any transaction, only two accounts are affected.

for any transaction, both sides of the accounting equation are affected.

the total dollar amount of debits must equal the total dollar amount of credits.

2.Which of the following would eventually cause Retained Earnings to decrease?

Receiving contributions from investors

Earning unearned revenue

Billing customers for services provided

Using up supplies

Parker Hannifin Corporation¹

Parker Hannifin Corporation is a leading manufacturer of component parts used in aerospace, transportation, and manufacturing equipment. The company makes several hundred thousand parts—from heat-resistant seals for jet engines and components used in the space shuttle to steel valves that hoist buckets on cherry pickers. Parker Hannifin’s motor and control products are integral components in global manufacturing and very few rivals have the same product breadth and clout with customers (original-equipment manufacturers) as the firm.² When Donald Washkewicz took over as chief executive, he came to an unnerving conclusion: the pricing approach that the company had followed for years was downright crazy.

For as long as anyone at the company could recall, the firm used this simple approach to determine the prices for its thousands of parts: Company managers would calculate how much it cost to make and deliver each product and then add a flat percentage on top, usually aiming for around a 35 percent margin. Across divisions, many managers liked this cost-plus approach because it was straightforward and gave them broad authority to negotiate prices with customers.

But the chief executive feels that the firm, which generates over 13 billion in annual revenues, may be severely restricting its profit growth. No matter how much a particular product is improved, the company often ends up charging the same premium that it would for a standard product. And if the company finds a way to make a product less expensively, it ultimately cuts the product’s price as well. “I was actually losing sleep,” recalls Donald Washkewicz, who believes that the company should stop thinking like a widget maker or a cost-plus price setter and start thinking like a retailer by determining prices by what customers are willing to pay.

Changing the firm’s pricing approach, however, is a complex task. The company has tens of thousands of products— (1) some are high-volume commodities and there are large, formidable competitors; (2) some have unique features, fill niches in the market, and have limited competition; and (3) many are custom-designed for a single customer.

Describe the process that you would follow in performing an audit of the firm's product line to identify those products that represent the best and worst candidates for profit-margin expansion.

Provide a set of specific pricing guidelines that managers should apply as the traditional cost-plus approach is phased out and a value-based approach to pricing is implemented.

CC Car Wash specializes in car cleaning services. The services offered by the company, the exact service time, and the resources needed for each of them are described in the table following:

The company offers the following packages to their customers:

• Package 1: Includes only car wash (service A).

• Package 2: Includes car wash and waxing (services A and B).

• Package 3: Car wash, waxing, and wheel cleaning (services A, B, and C).

• Package 4: All four services (A, B, C, and D).

Customers of CC Car Wash visit the station at a constant rate (you can ignore any effects of variability) of 50 customers per day. Of these customers, 30 percent buy Package 1, 30 percent buy Package 2, 15 percent buy Package 3, and 25 percent buy Package 4. The mix does not change over the course of the day. The store operates 10 hours a day.

a. Define “minute of work” as the flow unit, what is the capacity rate of the employee at the interior cleaning step per day? Round the answer to the nearest whole number. For example, if your answer is 2543.65, round to 2544; if you answer is 2543.12, round to 2543.

Your answer is .

b. What is the implied utilization rate for the employee at service C (wheel cleaning)? Round your answer to the nearest whole number and ignore the percentage sign. For example, if your answer is 0.45 or 45%, fill in 45; if your answer is 0.76 or 76%, fill in 76.

Your answer is .

c. What is the implied utilization rate for the automated washing machine? Round your answer to the nearest whole number and ignore the percentage sign. For example, if your answer is 0.45 or 45%, fill in 45; if your answer is 0.76 or 76%, fill in 76.

Your answer is .

d. What resource has the highest utilization rate? Input 1 for washing machine, input 2 for waxing machine, input 3 for employee at C, input 4 for employee at D.

Your answer is .

Rock Solid Bank and Trust (RSB&T) offers only checking accounts. Customers can write checks and use a network of automated teller machines. RSB&T earns revenue by investing the money deposited; currently, it averages 5.50 percent annually on its investments of those deposits. To compete with larger banks, RSB&T pays depositors 0.50 percent on all deposits. A recent study classified the bank’s annual operating costs into four activities.

Data on two representative customers follow.

Required:

a. Compute RSB&T's operating profits.

b. Compute the profit from Customer A and Customer B, assuming that customer costs are based only on deposits. Interest costs = 0.50 percent of deposits; operating costs are 4 percent (= $19,500,000/$487,500,000) of deposits.

c. Compute the profit from Customer A and Customer B, assuming that customer costs are computed using the information in the activity-based costing analysis.

Rock Solid Bank and Trust (RSB&T) offers only checking accounts. Customers can write checks and use a network of automated teller machines. RSB&T earns revenue by investing the money deposited; currently, it averages 6.90 percent annually on its investments of those deposits. To compete with larger banks, RSB&T pays depositors 0.50 percent on all deposits. A recent study classified the bank’s annual operating costs into four activities.

Data on two representative customers follow.

Required:

a. Compute RSB&T's operating profits. Operating Profit?

b. Compute the profit from Customer A and Customer B, assuming that customer costs are based only on deposits. Interest costs = 0.50 percent of deposits; operating costs are 4 percent (= $40,500,000/$1,012,500,000) of deposits.

c. Compute the profit from Customer A and Customer B, assuming that customer costs are computed using the information in the activity-based costing analysis.

Customer A Customer B

Sales Revenue

Interest on Deposit

Total Operating Cost

Customer Profit/Loss

You may use Microsoft access or Derby DB

Please I need an answer for this problem, I have posted this problem 5 times.

Put aggregate without condition for the following 6 queries:

• Queries:

  -- Query 1
  -- Find the details of students who was born after 31st december 2004.
  select * from Student_Information where DOB>"2004-12-31";

  -- Query 2
  -- Find all student details whose first name begins with J.
  select * from Student_Information where FirstName like 'J%';

  -- Query 3
  -- Find the total fees for each FeeID.
  select FeeID,(OrientationFee+CampusFee+LabFee+CommencementsFee) as "Total Fees" from Fees;

  -- Query 4
  -- Find all subject IDs whose Subject1 is botany.
  select subjectID from Subjects where Subject1="Botany";

  -- Query 5
  -- Find all gradeIDs with 10 points for both quiz and exam.
  select GradeID from Grades where Quizzes=10 and exams=10;

  -- Query 6
  -- Find the feeid and orientation fees where orientation fees is beween 500 and 1300
  select FeeId,OrientationFee from Fees where OrientationFee BETWEEN 500 AND 1300;

Schema:

Student's Information

Fees

Subjects

Grades

Student’s Information (ID, Firstname, Lastname, DOB);

Fees (ID, Orientationfees, Campusfees, Labfees, Commencementfees);

Subjects (ID, Subject1, Subject2, Subject3, Subject4);

Grades (ID, Quizzes, Classwork, Homework, Exams, Finalgrade);

Student's Information

Fees

Subjects

Grades