For this week's assignment analyze a family's spending habits by creating a program that performs arithmetic calculations. The program should ask the user to enter information for the following questions. How much does the family spend on groceries per month? How much does the family spend on dining out per month? How much does the family spend on entertainment per month? How much does the family spend on rent/mortgage per month? How much does the family spend on utilities per month? How many family members are there? What is the family income per year? Questions 1–5 and 7 should accept decimal values from the user. Question 6 should accept an integer from the user. The program should output the total amount that the family spent on food per month. This includes groceries and dining out. The program also needs to output the total amount spent on living expenses each month. This is the sum of rent/mortgage and utilities. The program should also display the entertainment expenses per person per month. Finally, the program needs to show the family surplus (deficit if the number is negative). This is the income minus all expenses. But remember that the expenses are input as monthly numbers and the income is yearly, so you will need to convert the monthly expenses to yearly numbers to calculate the surplus.

Please use Java &

On top: import java.util.Scanner;

import java.text.DecimalFormat;

Then in the body of (your code), create a new format just like you created a scanner.

Like this: DecimalFormat df = new DecimalFormat(".0

Purpose: To enable students in utilising the CVP analysis in making informed decisions and cost-effective moves about the products or services the business sells.

Requirement: Cost-volume-profit analysis

Sharks Ltd operates in the entertainment industry and one of its activities is to promote entertainment events throughout East Malaysia. The company is examining the viability of a fund-raising concert in Sabah. Estimated fixed costs are RM180,000. These include the fees paid to performers, the hire of the venue and advertising costs. Variable costs consist of the cost of a pre-packed buffet which will be provided by a firm of caterers at a price, which is currently being negotiated, but it is likely to be in the region of RM10 per ticket sold. The proposed price for the sale of a ticket is RM30. The management of Sharks Ltd has requested the following information: -

The number of tickets that must be sold to breakeven.                                                                     (1 mark)

How many tickets must be sold to earn RM60,000 target profit?                                    (1.5 marks)

What profit would result if 10,000 tickets were sold?                                                        (1.5 marks)

What selling price would have to be charged to give a profit of RM60,000 on sales of 10,000 tickets, fixed costs of RM180,000 and variable costs of RM10 per ticket?

(1.5 marks)

What is the profit-volume ratio?                                                                                            (1.5 marks)

With reference to part (a), what is the margin of safety given expected sales of 10,000 tickets?                                                                                                                                                      (1.5 marks)

Discuss ONE (1) advantage of managers possessing knowledge of the cost-volume-profit analysis.                                                                            (1.5 marks)           
                                                                                                                                               

without discounting cash flows to take into account the time value of money, how soon will MBC break even on the following customers? In all cases, assume that revenues and variable costs to staff the cages occur on an ongoing basis but that the acquisition costs are a one-time event.

a. little leaguers

b. summer sluggers

c. elite ballplayers (print ad)

d. elite ballplayers (party)

e. entertainment seekers

Phoenix Company’s 2017 master budget included the following fixed budget report. It is based on an expected production and sales volume of 17,000 units.

Phoenix Company’s actual income statement for 2017 follows.

Required:
1. Prepare a flexible budget performance report for 2017.

Forney Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2-month period.

Joe Watt, an ambitious 22 year-old, started an entertainment business called Grand Club after he graduated from Connecticut State University. Grand Club was initially a business failure because Joe ignored day-to-day operations and cost controls. One year later, Joe was heavily in debt. Despite his debt, Joe decided to open another location of Grand Club. He was confident that Grand Club would bring him financial success.

However, as his expenses increased, Joe could not meet his debts. He turned to insurance fraud to save his business. He would stage a break-in at a Grand Club location and then claim a loss. In addition, he reported fictitious equipment to secure loans; falsified work order contracts to secure loans, stole money orders for cash, and added zeros to customers’ bills who paid with credit cards. Joe was living the “good life,” with an expensive house and a new sports car.

Two years later, Joe decided to make Grand Club a public corporation. He falsified statements to greatly improve the reported financial position of Grand Club. In order to avoid the SEC’s scrutiny of his financial statements, he merged Grand Club with Purple House, an inactive New York computer firm, and acquired Purple House’s public owned shares in exchange for stock in the newly formed corporation. The firm became known as Purple House, and the Grand Club name was dropped. Joe personally received 79 percent of the shares. He was now worth $24 million on paper. Joe was continually raising money from new investors to pay off debts. A few months later, Purple House’s stock was selling for $21 a share and the company’s book value was $310 million. Joe was worth $190 million on paper. A short time later, he met Peter Jason, president of GH Firm, an advertising service. Jason agreed to raise $100 million, via junk bonds, for Purple House to buy out Sun Travel, a travel service.

Afterward, with television appearances, Joe became a “hot figure” and developed a reputation as an entrepreneurial genius. However, this reputation changed after an investigation report was published in a major newspaper. The report chronicled some of his early credit card frauds. Within two weeks, Purple House’s stock plummeted from $21 to $5.

After an investigation, Joe was charged with insurance, bank, stock, and mail fraud; money laundering and tax evasion; and Purple House’s shares were selling for just pennies. A company once worth hundreds of millions of dollars dropped in value to only $48,000.

Required:

From this case, identify:

1. The pressures, opportunities and rationalization that led Joe to commit his fraud(s).

2. The signs that could signal a possible fraud.

3. Controls or actions that could have detected Joe’s behavior.

Outcomes (1,5)

1. Compare Dependencies Between Hardware and Software (B, C, D)
5. Compare Personal Entertainment Applications (C, D)

Instructions

help with this?

Operating systems like Windows 10 and Office 365 look very flat. The main argument is that people have now adopted computer environments for what they are and no longer need 3D looking interfaces that represent skeuomorphism. Do you agree or disagree with this trend?

Initial Post: In a brief post of 150-200 words or more, describe the following:

There are various arguments for and against Skeuomorphism. Give three reasons for and three reasons against using an interface that has skeuomorphism.

Do you believe that it is the flat-design interfaces of Windows 8 that has kept it from being popular? Why or why not?

Listed below is the net sales in $ million for Home Depot Inc. and its subsidiaries from 1993 to 2015. Remember to code the years starting at 1 for year 1993. Year Net Sales 1993 $ 9,854 1994 12,629 1995 16,212 1996 19,085 1997 23,642 1998 31,934 1999 40,035 2000 46,621 2001 55,432 2002 58,246 2003 64,438 2004 73,664 2005 80,767 2006 89,476 2007 78,442 2008 73,135 2009 64,853 2010 67,223 2011 70,034 2012 75,408 2013 78,117 2014 82,730 2015 88,658 Click here for the Excel Data File Determine the least squares equation. On the basis of this information, what are the estimated sales for 2016 and 2017? (Round your final answers to 2 decimal places.)