Cascade Company was started on January 1, Year 1, when it acquired $160,000 cash from the owners. During Year 1, the company earned cash revenues of $90,400 and incurred cash expenses of $62,500. The company also paid cash distributions of $7,000. Required Prepare a Year 1 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately.)
c. Cascade is a corporation. It issued 11,000 shares of $9 par common stock for $160,000 cash to start the business.
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In: Accounting
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5-1 Discussion: Sentencing and "Reasonableness"
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After reading about the Sentencing Reform Act of 1984
and the subsequent adjustments ordered by the Supreme Court,
consider how these changes impact an individual judge's view of a
"reasonable sentence." Then, in a post to the discussion board,
answer these questions:
Describe how you would tell a "reasonable" sentence from an
unreasonable one—what are the hallmarks of a reasonable
sentence?
How does a forensic psychologist's sentencing evaluation affect
what would be considered a "reasonable sentence"?
After reading about the changes to the Sentencing Reform Act, do
you agree with the Supreme Court decisions to grant more discretion
to federal judges? Why or why not?
In: Psychology
: Your report should be completed on Microsoft Word and should be between 1,000 and 1,250 words excluding references.
In your answer you should explain what has happened to prices of the good you have chosen over the time period stated. You should consider the role of supply and demand and provide a diagramatic explanation, using supply and demand curves for the changes in the prices of the good, you should refer to the elasticity of supply and demand of the good, the market structure of the good and specifically if there are any cartels/price fixing activities in the industry effecting the price changes discussed. You should use these relevant theories in your answer but you should also refer to data where relevant too.
In: Economics
In: Biology
In: Anatomy and Physiology
Cancer/Viral Scenarios Worksheet: For each scenario, diagram and/or explain the activities of the cells involved including the self cell, Cytotoxic T cell, Natural Killer Cell and/or T helper cell along with any pertinent cytokines and proteins.
In: Anatomy and Physiology
In: Statistics and Probability
Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources. Our discipline has two important features. First, we develop conceptual models of behavior to predict responses to changes in policy and market conditions. Second, we use rigorous statistical analysis to investigate these changes.
To understand better the economy, choose any economic article from an online business sourcesuch as newspaper, magazine, TV, and so on. Read the article very carefully and write a summary to explain:
Required ( In your own words and - Computerized ( In Word Format)
In: Economics
The following information relates to YogaGuru for the year ended 30 June 2020.
|
Prepaid rent |
14,500 |
|
Accounts payable |
52,700 |
|
Electricity expense |
7,500 |
|
Unearned revenue |
11,600 |
|
Wages payable |
12,500 |
|
Accumulated depreciation- Equipment |
8,600 |
|
Capital |
? |
|
Rent expense |
32,000 |
|
Cash at bank |
75,800 |
|
Wages expense |
135,400 |
|
Supplies |
3,900 |
|
Service revenue |
282,600 |
|
Bank Loan (due in 2025) |
38,000 |
|
Accounts receivable |
7,500 |
|
Drawings |
4,000 |
|
Equipment |
235,200 |
|
Depreciation expense-Equipment |
8,600 |
Required: Prepare an Income Statement , a fully classified Balance Sheet in narrative format and a Statement of Changes in Equity for the year ended 30 June 2020 for YogaGuru.
Income Statement:
Fully narrative Balance Sheet:
Statement of Changes in Equity
In: Accounting
Oriole Willis is the advertising manager for Bargain Shoe Store. She is currently working on a major promotional campaign. Her ideas include the installation of a new lighting system and increased display space that will add $ 39,000 in fixed costs to the $ 423,000 currently spent. In addition, Oriole is proposing that a 5% price decrease ($ 60 to $ 57) will produce a 20% increase in sales volume ( 20,000 to 24,000). Variable costs will remain at $ 36 per pair of shoes. Management is impressed with Oriole’s ideas but concerned about the effects that these changes will have on the break-even point and the margin of safety.
Prepare a CVP income statement for current operations and after Oriole’s changes are introduced.
sales current new
variable expense
contribution margin
net income
In: Accounting