Questions
How do directories access eachother in a direct accessed allocation file system (i. E where I...

How do directories access eachother in a direct accessed allocation file system (i. E where I nodes access data blocks directly). So if the directory test wanted to access the directory Foo, what steps would have to be taken using blocks and writing to disk?

In: Computer Science

Mac OS X Directory Structure Outline how to organize files and directories. Describe preferences for file...

Mac OS X Directory Structure

Outline how to organize files and directories. Describe preferences for file names and how the concepts of a hierarchical directory structure could improve existing method of storage. If useing an alternative method, justify its use and benefits over and above basic approaches.

In: Computer Science

Doing the work on Linux in Putty: You are to create a hard link to one...

Doing the work on Linux in Putty:

You are to create a hard link to one of your existing files on someone else's directory (or vice versa). In other words, you know that you can link a file within your own directories, but you can also have a link to one of your files on other areas of the unix system as long as you have permissions to write to that directory (in this case, your partner).

Create a subdirectory called temp where you can place this temporary link. Remember that you do not link a file to another file. You create a hard link to an existing file. So, user A has file1 that he/she wants to give access to user B. User B has to open certain directory permissions, for this to happen, then User A can create the link on user B directory (user A NEVER goes to user B directories typing cd), but if permissions are opened correctly all the commands will be done from user A directory without shell error messages such as “can not access..”.

We cannot get the ln part to work. How do you share the hard link with the other user???

In: Computer Science

1. Kidlet Toys Ltd. designs and manufactures toys for the early childhood education market. The company...

1. Kidlet Toys Ltd. designs and manufactures toys for the early childhood education market. The company sells its products to national toy retailers as well as to independent toy stores across North America. The company allows its customers to return any unsold products within 90 days of receiving the products from Kidlet. The rationale for this policy is to stimulate sales, especially among the independent toy stores. Returned toys are discarded.

Explain when Kidlet would recognize revenue under the contract-based approach. Also explain what the company would have to do to determine the amount of revenue that could be recognized.

In: Accounting

Consumer purchase decision process includes five stages, from need recognition to post – purchase evaluation. Please...

Consumer purchase decision process includes five stages, from need recognition to post – purchase evaluation. Please identify the level of consumer involvement for the following products (companies), and show which stages of DMP consumers go through when they consider purchase.

  1. Soft drink
  2. Tiffany Jewlry
  3. Cronenberg Beer
  4. Airlines for business trip
  5. Job for your career
  6. Rolls Royce
  7. Breakfast cereal

In: Economics

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in...

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in in both property, plant and equipment and inventory by $190,000,000 and $10,000,000 respectively. The following three alternative financing plans have been suggested by the firm’s investment bankers:

Plan I: issue preferred stock at par.

Plan II: issue common stock at $10 per share.

Plan III: issue a 16% long-term bonds, due in 20 years, at par ($1,000).

  1. For the year ended December 31, 2020, compute the following ratios under each financing plan (assuming the same statement balances, except for the increased assets and financing; do not adjust retained earnings for the 2020 profits).

Plan A:

  1. Debt ratio
  2. Debt/equity ratio

Plan B:

  1. Debt ratio
  2. Debt/equity ratio

Plan C:

  1. Debt ratio
  2. Debt/equity ratio

BALADNA CO.

Balance Sheet as of December 31, 2019 (in thousands)

Assets

Current assets:

Cash                                                                                                   $ 50,000

Accounts receivable                                                                             60,000

Inventory                                                                                             106,000

Total current assets                                                                           $216,000

Property, plant, and equipment                             $504,000

Less: Accumulated depreciation                             140,000                364,000

Patents and other intangible assets                                                       20,000

Total assets                                                                                        $600,000

Liabilities and Stockholders’ Equity

Current liabilities:

Accounts payable                                                     $ 46,000

Taxes payable                                                             15,000

Other current liabilities                                               32,000

Total current liabilities                                                                        $ 93,000

Long-term debt                                                                                     100,000

Stockholders’ equity:

Preferred stock ($100 par, 10% cumulative, 500,000 shares

authorized and issued)                                                                           50,000

Common stock ($1 par, 200,000,000 shares authorized,

100,000,000 issued)                                                                           100,000

Premium on common stock                                                                120,000

Retained earnings                                                                               137,000

Total liabilities and stockholders’ equity                                          $600,000

In: Accounting

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in...

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in in both property, plant and equipment and inventory by $190,000,000 and $10,000,000 respectively. The following three alternative financing plans have been suggested by the firm’s investment bankers:

Plan I: issue preferred stock at par.

Plan II: issue common stock at $10 per share.

Plan III: issue a 16% long-term bonds, due in 20 years, at par ($1,000).

  1. For the year ended December 31, 2020, compute the following ratios under each financing plan (assuming the same statement balances, except for the increased assets and financing; do not adjust retained earnings for the 2020 profits).

Plan A:

  1. Times interest earned

Plan B:

  1. Times interest earned

Plan C:

  1. Times interest earned

Income Statement

For the Year Ended December 31, 2019

(in thousands except earnings per share)

Sales                                                                                              $936,000

Cost of sales                                                                                    671,000

Gross profit                                                                                   $265,000

Operating expenses:

Selling                                                                    $62,000

General                                                                     41,000          103,000

Operating income                                                                         $162,000

Other items:

Interest expense                                                                               20,000

Earnings before provision for income tax                                   $142,000

Provision for income tax                                                                 56,800

Net income                                                                                   $ 85,200

Earnings per share                                                                            $ 0.83

In: Accounting

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in...

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in in both property, plant and equipment and inventory by $190,000,000 and $10,000,000 respectively. The following three alternative financing plans have been suggested by the firm’s investment bankers:

Plan I: issue preferred stock at par.

Plan II: issue common stock at $10 per share.

Plan III: issue a 16% long-term bonds, due in 20 years, at par ($1,000).

BALADNA CO.

Balance Sheet as of December 31, 2019 (in thousands)

Assets

Current assets:

Cash                                                                                                   $ 50,000

Accounts receivable                                                                             60,000

Inventory                                                                                             106,000

Total current assets                                                                           $216,000

Property, plant, and equipment                             $504,000

Less: Accumulated depreciation                             140,000                364,000

Patents and other intangible assets                                                       20,000

Total assets                                                                                        $600,000

Liabilities and Stockholders’ Equity

Current liabilities:

Accounts payable                                                     $ 46,000

Taxes payable                                                             15,000

Other current liabilities                                               32,000

Total current liabilities                                                                        $ 93,000

Long-term debt                                                                                     100,000

Stockholders’ equity:

Preferred stock ($100 par, 10% cumulative, 500,000 shares

authorized and issued)                                                                           50,000

Common stock ($1 par, 200,000,000 shares authorized,

100,000,000 issued)                                                                            100,000

Premium on common stock                                                                120,000

Retained earnings                                                                               137,000

Total liabilities and stockholders’ equity                                          $600,000

  1. Which financing alternative costs Baladna Co. less: bonds payable or preferred stock? Why? (show computations).

In: Accounting

In early 2018 you are hired as the new Controller for ABC, Co. You discover a...

In early 2018 you are hired as the new Controller for ABC, Co. You discover a variety of inventory errors. ABC uses the periodic method and uses a Purchases account to accumulate inventory purchases during the year. ABC has a 12/31 year end.

1. Purchases in 2016 are overstated by $10,000 since an invoice was entered and paid twice in error. The error was discovered in 2017 and the vendor gave the company a refund in 2017 for the overpayment. The company credited Purchases in 2017 when the refund was processed.

2. The physical count of inventory at 12/13/16 is understated by $30,000.

3. Purchases in 2017 are understated by $6,000. These items were received in December 2017, but were recorded in the Purchases Account in January 2018 when the invoice was paid.

4. The physical count of ending inventory at 12/31/17 is understated by $24,000.

5. A shipment to a customer left ABC’s warehouse on 12/27/2017 and was in transit on 12/31/2017 and was not included in ABC’s ending inventory. This shipment had terms 2/10, n/30, FOB shipping point.

6. Ending inventory as reported in the 2017 Annual Report amounted to $300,000. The 2017 Annual Report was issued before the above errors were identified.

Prepare the necessary prior period adjustments at 1/1/2018 related to the above items and any other correcting journal entry which may be required in 2018.

In: Accounting

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in...

Early in the 2020, Baladna Co. prepared an expansion plan. The plan requires an increase in in both property, plant and equipment and inventory by $190,000,000 and $10,000,000 respectively. The following three alternative financing plans have been suggested by the firm’s investment bankers:

Plan I: issue preferred stock at par.

Plan II: issue common stock at $10 per share.

Plan III: issue a 16% long-term bonds, due in 20 years, at par ($1,000).

Which financing alternative costs Baladna Co. less: bonds payable or preferred stock? Why? (show computations).

BALADNA CO.

Balance Sheet as of December 31, 2019 (in thousands)

Assets

Current assets:

Cash                                                                                                   $ 50,000

Accounts receivable                                                                             60,000

Inventory                                                                                             106,000

Total current assets                                                                           $216,000

Property, plant, and equipment                             $504,000

Less: Accumulated depreciation                             140,000                364,000

Patents and other intangible assets                                                       20,000

Total assets                                                                                        $600,000

Liabilities and Stockholders’ Equity

Current liabilities:

Accounts payable                                                     $ 46,000

Taxes payable                                                             15,000

Other current liabilities                                               32,000

Total current liabilities                                                                        $ 93,000

Long-term debt                                                                                     100,000

Stockholders’ equity:

Preferred stock ($100 par, 10% cumulative, 500,000 shares

authorized and issued)                                                                           50,000

Common stock ($1 par, 200,000,000 shares authorized,

100,000,000 issued)                                                                            100,000

Premium on common stock                                                                120,000

Retained earnings                                                                               137,000

Total liabilities and stockholders’ equity                                          $600,000

In: Accounting