Given the financial statements below for Dragonfly Enterprises, what is the external financing need for a pro forma increase in sales of 18% if the company is operating at 90% capacity? Enter your answer as the nearest whole (e.g., 123), but do not include the $ sign. Dragonfly Enterprises Income Statement ($ Million) 2011 Sales 370 Cost of Goods Sold 226 Selling, Gen & Admin Exp 62 Depreciation 20 Earnings Before Int & Tax 62 Interest Expense 12 Taxable Income 50 Taxes at 40% 20 Net Income 30 Dividends 9 Addition to Retained Earn. 21 Balance Sheets as of 12-31 Assets 2010 2011 Cash 10 10 Account Receivable 46 50 Inventory 43 45 Total Current Assets 99 105 Net Fixed Assets 166 195 Total Assets 265 300 Liabilities and Owners Equity 2010 2011 Accounts Payable 26 30 Notes Payable 0 0 Total Current Liabilities 26 30 Long-Term Debt 140 150 Common Stock 22 22 Retained Earnings 77 98 Total Liab. and Owners Eq 265 300

Given the financial statements below for Dragonfly Enterprises, what is the external financing need for a pro forma increase in sales of 18% if the firm is operating at 90% capacity? Enter your answer as the nearest whole (e.g., 123), but do not include the $ sign.

  

Given the financial statements below for Dragonfly Enterprises, what is the external financing need for a pro forma increase in sales of 12% if the company is operating at full capacity? Enter your answer as the nearest whole (e.g., 123), but do not include the $ sign. Dragonfly Enterprises Income Statement ($ Million) 2011 Sales 370 Cost of Goods Sold 226 Selling, Gen & Admin Exp 62 Depreciation 20 Earnings Before Int & Tax 62 Interest Expense 12 Taxable Income 50 Taxes at 40% 20 Net Income 30 Dividends 9 Addition to Retained Earn. 21 Balance Sheets as of 12-31 Assets 2010 2011 Cash 10 10 Account Receivable 46 50 Inventory 43 45 Total Current Assets 99 105 Net Fixed Assets 166 195 Total Assets 265 300 Liabilities and Owners Equity 2010 2011 Accounts Payable 26 30 Notes Payable 0 0 Total Current Liabilities 26 30 Long-Term Debt 140 150 Common Stock 22 22 Retained Earnings 77 98 Total Liab. and Owners Eq 265 300

Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: Date Purchased Shares Basis 7/10/2008 500 $ 20,000 4/20/2009 400 18,320 1/29/2010 600 20,160 11/02/2012 350 13,720 If Dahlia sells 1,100 shares of Microsoft for $66,000 on December 20, 2018, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.)

a. She uses the FIFO method.

Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years:

If Dahlia sells 1,100 shares of Microsoft for $66,000 on December 20, 2018, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.)

b. She uses the specific identification method and she wants to minimize her current year capital gain.

On January 1, 2008, Dryft granted 1,000 employee share options that vest after a four-year service period, with an exercise price of $30 per share. Using the Black-Scholes pricing model, it was determined that the grant-date-fair-value-based measure of each option was $15. On the grant date, Dryft’s stock was trading at $30 per share.

On January 1, 2010, Dryft decided to change the terms of the incentives for the third and fourth years of service of the 2008 annual grant by modifying the exercise price to $20 per share. Using the Black-Scholes pricing model, management determined that the fair-value-based measure of the awards as of January 1, 2010 was $9 before the terms of the award were modified and $12 immediately after modification. The modification did not affect any of the other terms or conditions of the awards. (No forfeitures are assumed)

a- How much compensation cost should Dryft recognize in each year of the award’s service period?

b- How would the accounting for the awards change if the modification to the terms of the award was made on January 1, 2014, after the awards have become fully vested?

Please show detailed answers, use journal entries and explain.

QUESTION 22 Given the financial statements below for Dragonfly Enterprises, what would be the sustainable growth rate (SGR) if the company decided to change the dividend payout rate to 51.8%? Enter your answer as the nearest tenth of a percent (e.g., 12.3), but do not include the % sign. Dragonfly Enterprises Income Statement ($ Million) 2011 Sales 370 Cost of Goods Sold 226 Selling, General, & Admin Exp. 62 Depreciation 20 Earnings Before Interest & Taxes 62 Interest Expense 12 Taxable Income 50 Taxes at 40% 20 Net Income 30 Balance Sheets as of 12-31 Assets 2010 2011 Cash 10 10 Account Receivable 46 50 Inventory 43 45 Total Current Assets 99 105 Net Fixed Assets 166 195 Total Assets 265 300 Liabilities and Owners Equity 2010 2011 Accounts Payable 26 30 Notes Payable 0 0 Total Current Liabilities 26 30 Long-Term Debt 140 150 Common Stock 22 22 Retained Earnings 77 98 Total Liab. and Owners Equity 265 300

Homework #6

which of the following values cannot be probabilities of events.

select all that apply.

15, 0.94, -0.59, 1.58, 53, 0.0, -27, 1.0

#3.
In a group of people, some are in favor of a tax increase on rich people to reduce the federal deficit and others are against it. (Assume that there is no other outcome such as "no opinion" and "do not know.") There persons are selected at random from this group and their opinions in favor or against raising such taxes are noted. How many total outcomes are possible?

#4. Show outcomes and classify events are simple and compound.

An automated teller machine at a local bank is stocked with $10 and $20 bills. when a customer withdraws $40 from the machine, it dispenses either two $20 bills or four $10 bills

Let T= the ATM dispenses two $20 bills.
Let F= the ATM dispenses four $10 bills.
Two customers withdraw $40 each

Part 1.

How many outcomes are there?

#5. A hat contains 33 marbles. Of them, 18 are red and 15 are green. If one marble is randomly selected out of this hat, what is the probability that this marble is green?

Round your answer to two decimal places.

P(A)=

#6. A regular, six-sided die is rolled once .

Round your answers to four decimal places.

(a) What is the probability that a number less than 4 is obtained?

P( a number less than 4 is obtained)=

(b) what is the probability that a number 3 to 6 is obtained?

P( a number 3 to 6 is obtained)=

#7. A random sample of 1498 adults showed that 812 of them have shopped at least once on the internet. What is the (approximate) probability that a randomly selected adult has shopped on the internet.

Round your answer to three decimal places.

#8 Out of the 3572 families who live in an apartment complex in New York City, 623 paid no income tax last year. What is the probability that a randomly selected family from these 3572 families paid income tax last year?

Round your answer to three decimal places.

#9. A television game show has a game called the shell game. The game has six shells, and one of those six shells has a ball under it. The contestant chooses one shell. If this shell contains the ball, the contestant wins. If a contestant chooses one shell randomly, what is the probability of each of the following outcomes.

(a) contestant wins?

Round your answer to two decimal places.

P( the contestant wins)=

(b) contestant loses

Round your answer to two decimal places.

P( the contestant loses)

Do these two probabilities add up to 1.0?

#10. In a large city, 15,000 workers lost their job last year. Of them, 7900 lost their jobs because their companies closed down or moved, 4200 lost their jobs due to insufficient work, and the remainder lost their jobs because their position were abolished.

(a) If one of these 15,000 workers is selected at random, find the probability that this worker lost his or her job because the company closed down or moved.

The Probability is=

(b) If one of these 15,000 workers is selected at random, find the probability that this worker lost his or her job due to insufficient work.

The probability is=

(c) If one of these workers is selected at random, find the probability that this worker lost his or her job because the position was abolished.

The Probability is=

Do these probabilities add up to 1.0?

Describe the EROEI and energy distribution of Europe’s ‘manorial system’. How might the heavy plough, urbanisation, and climate change have been connected economically?
In Europe, the collapse of Empire initially had similar economic impacts as in Asia
As the Western Roman Empire declined after 400 AD, the population of old Roman towns fell sharply, and in the surrounding hinterland the slave plantations which had supplied the towns’ food and fibre needs disappeared, and were replaced gradually by self-sufficient, fortified manorial estates 荘園 where feudal lords extracted their dues
from farmers. From around 800AD to 1400AD, a manorial system had arisen, in which landowning lords gave tracts of land to vassals in return for military support, and vassals, in turn, expropriated the farm produce of serfs i.e. peasants subsisted on leftover crops & vegetables. Life for a serf in this system was oppressive, but less harsh than for a
slave on a Roman plantation; the labour to feed a lord’s retinue of mounted warriors and
clergymen could not have been as arduous as to have to feed entire towns.
The period 800AD to 1100AD saw the uptake of the heavy iron plough (first developed in Han China ca.200BC) across NW Europe, which was better able to drain and aerate the
wet clay soils there, and convert their rich nutrients into higher crop yields. This raised demand for oxen, horses, and fodder crops, and prompted peasants to adopt a more systematic collective approach to allocating use of the plough, crop-rotation in large open fields, and care of common land resources.
Economically, medieval Europe in around 990AD was still in a similar situation to most of Africa: connected to the wider world economy only as an exporter of slaves, raw materials, and exotica (e.g. ivory, antlers, skins), and importer of Asian manufactured goods: Chinese silks and porcelain, Indian calicoes, and Arab steel. Nevertheless, by this time European
towns had begun to reemerge as centres of manufacturing and commerce, providing a chance for serfs to gain legal freedom and artisanal skills, and for
merchants to secure a political foothold of their own. Manorial lords
had persistently attempted to tax and control local markets, but as towns grew up around these markets they were increasingly immune to feudal authorities’ divided claims. Urbanisation was boosted by new technology and warmer climate
Question
Describe the EROEI and energy distribution of Europe’s ‘manorial system’. How might the heavy plough, urbanisation, and climate change have been connected economically?