JB Co. is planning to invest in a new koala theme park. The investment will generate $4.5 million p.a. for 15 years with the first cash inflow received in one year's time. The required rate of return for this type of investment is expected to be 6% p.a. for years 1-9 rising to 11% p.a. for years 10-15. What is the most JB Co. should pay for this investment now?

Here are 2 sentences that I thought were important:
•   “The U.S. should recognize that its healthy recovery--from both disease and economic disaster--depends on revivals elsewhere.” That is, we’re all in this together.
•   “Countries will give their own citizens first priority for vaccines and treatments. But they can also commit support for the most vulnerable in developing countries.”

Discuss the 2 sentences you found interesting.

What activities constitute managing a warehouse?

1. Generate a list of all relevant activities, concepts, and/or steps for managing a warehouse.
2. Determine the form of the map that you see as the most appropriate representation, as spider, hierarchical, flowchart, or system (see the first reading on concept maps). Justify your choice.
3. Construct your concept map using the software of choice.
4. Give examples as you construct your map.

Review the "Consumer Purchasing Decisions" topic material. Describe the consumer decision-making process and the factors that would most influence consumers when making their first purchase of each of the items below. Justify your selections using the topic materials.

1. Chewing gum
2. A smartphone
3. A new car

MUST BE MORE THAN 250 WORDS / PLEASE DO NOT RESPOND IF YOU CANNOT MEET THE REQUIRMENT

Write a program in C that takes as input an 8-bit binary number and prints the next 10 binary

numbers. Define a binary number as

int binNum[8];

Use binNum[0] to store the most significant (i.e., leftmost) bit and binNum[7] to store the least

significant bit. Ask the user to input the first binary number with each bit separated by at

least one space.

1-First Choice Trading PJSC has provided the following information :

Assets as on 31.12.2018 Dhs 340 million , Liabilities Dhs 200 million. As on 31.12.2019 , If the assets increased by Dhs 30 million , Liabilities decreased by DHs 25 million , Equity as on 31.12.2019 should be -

195

200

140

135

2-

Which of the following is not an internal users of accounting information ?

Employees

Vice President sales

Managing Director

External auditors

3- Which of the following item is example of asset

Sale of goods

Rent ( for current month)

Advance received from customers

Advance given to suppliers

4-Which of the following is an example of Liability ?

Sale of goods

Rent ( paid for current month)

Equipment

Loan from Bank

Assets = Liabilities + Equity

5- Which of the following statement correctly explain components of equity? Tick the most appropriate answer.

Equity simply means common stock

Equity = Contributed Capital + Retained Earnings ; Retained Earnings = Revenue -Expense - Dividend

Equity simply means common stock - treasury stock + Profit

Equity means common stock + profit

6- Which of the following describes trial balance

It measures profit of the business deducting expenses from income

It shows assets, liabilities and equity of the business

It shows cash flows of the business

It shows all ledger account balances classifying by debit and credit

7- First Choice PJSC has provided the following leader account balances : What should be total of debit or credit of the Trial Balance ( Amount in Dhs)?

Sales 560,000, Equipment 320,000, Bank Loan 200,000, Expenses 350,000, Common stock 120,000, Accounts Receivables 80,000 Inventory 120,000, cash 40,000, Accounts payable 30,000

910000

880000

920000

900000

8- Which of the following US company was found to be engaged in accounting fraud in 2001?

Enron accounting scandal

Wells Fargo Bank accounting manipulation

Worldcom scandal

Barnie Madoff Scandal

9 - Which of the following is thee correct journal entry for the following transaction ?

XYZ PJSC raised $ 100 million by issue of common stock

Cash Dr. $ 100 million

Common Stock. Cr. $ 100 million

Common Stock. Dr. $ 100 million

Cash. Cr $ 100 million

It is not an accounting transaction. so journal entry is required

Liability Dr. $ 100 million

Cash Cr $100 million

1. Which of the following best describes a dimension table in a star schema:

1. Most attributes will likely be text
2. Most attributes will likely be numeric
3. The primary key should be a single integer surrogate key
4. Both a. and c.

2. Which of the following best describes a fact table in a star schema:

1. Most attributes will likely be text
2. Most attributes will likely be numeric
3. The primary key should be a single integer surrogate key
4. Both a. and c.

3. Which of the following best describes an advantage(s) of a snowflake schema:

1. It slows down queries by forcing more joins between dimension tables
2. It allows facts to be stored at different granularities of a dimension in a multi-star schema (e.g. day and month granularities of a date dimension)
3. Facts that are at the lowest level of the dimension can be more easily summarized at higher levels of the dimension than they can with a pure star schema by precomputing aggregates
4. Both b. and c.

Transactions and Recovery:

4. Which of the following best describes the atomicity property in regards to transactions:

1. Either all actions in a transaction are executed or no actions are done
2. The DBMS changes from one consistent state to another consistent state when a transaction completes successfully
3. A transaction executes with the same outcome, without any impact from other transactions executing concurrently
4. The DBMS guarantees that changes are made persistently upon successful completion of a transaction

5. Which of the following statements are true:

1. Verifying transaction consistency is the job of the semantic data controller
2. Managing consistency of transactions operating in parallel is the job of the concurrency controller
3. Both a. and b.
4. Neither a. nor b.

6. Which of the following statements best describes a phantom read:

1. A select from one user calculating a summary or aggregate function (e.g. avg, max, sum, etc.) reads some rows from a table. At the same time another user is updating some of those same rows to contain different values. The first user reads some of the rows before the update changes them and reads some rows after the update changes them.
2. One user reads the same row more than once. Between the reads, an update from another user modifies the row.
3. One user reads a set of rows from a table. Another user inserts a row that matches the where condition read by the first user. The first user reads the same set of rows again getting the new row in addition to the rows that the user read the first time.
4. Two users update the same columns of the same row of the same table at the same time. One update will be overwritten by the other.

Ravsten Company uses a job-order costing system. On January 1, the beginning of the current year, the company’s inventory balances were as follows:

The company applies overhead cost to jobs on the basis of machine-hours. For the current year, the company estimated that it would work 36,100 machine-hours and incur $155,230 in manufacturing overhead cost. The following transactions were recorded for the year:

1. Raw materials were purchased on account: $202,000.
2. Raw materials were requisitioned for use in production: $191,000 (80% direct and 20% indirect).
3. The following costs were incurred for employee services:

4. Heat, power, and water costs were incurred in the factory: $42,450.
5. Prepaid insurance expired during the year: $10,500 (85% relates to factory operations, and 15% relates to selling and administrative activities).
6. Advertising costs were incurred, $50,500.
7. Depreciation was recorded for the year: $60,600 (90% relates to factory operations, and 10% relates to selling and administrative activities).
8. Manufacturing overhead cost was applied to production. The company recorded 40,200 machine-hours for the year.
9. Goods that cost $484,400 to manufacture according to their job cost sheets were transferred to the finished goods warehouse.
10. Sales for the year totalled $704,700 and were all on account. The total cost to manufacture these goods according to their job cost sheets was $479,200.

Required:

1. Prepare journal entries to record the transactions given above. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Prepare T-accounts for inventories, Manufacturing Overhead, and Cost of Goods Sold. Post relevant data from your journal entries to these T-accounts (don’t forget to enter the opening balances in your inventory accounts). Compute an ending balance in each account. Use letters a,b,c,d,e,f,g,h,i,j in the first collum inside of full account name.

3-a. Is manufacturing overhead underapplied or overapplied for the year?

multiple choice

• Underapplied overhead

• Overapplied overhead

The recently launched Hložek Space Telescope (HST) has just completed its first survey, studyingthousands of stars spread out throughout the Milky Way. Data for one of the stars in the survey, ID200, has been given to you for analysis. Given everything you learned in AST 201 this year, please answer the following questions:

a) The first set of data you receive is a spectrum of a main sequence star taken with the Mac-Donald Spectrometer onboard HST. Based on the fact that the star’s spectrum has strongHydrgen absorption lines and no molecular absorption lines, what spectral type do you be-lieve this star to be? Explain. [3 marks]

b) Based on this star’s spectral type, explain the evolutionary stages that it will go through afterit completes the main sequence phase of its life. How will this star’s life end? [3 marks]

c) HST is also equipped with the Williams Planetary Camera, which searches for planets aroundstars as their spectrum is being measured. Around this particular star, the camera detectedthree planets orbiting 5.2, 7.6, and 9.4 AU from the star. Their orbital periods are calculatedto be 2.8, 3.4, and 3.8 years respectively. Are these measurements qualitatively consistentwith the general trend predicted by Kepler’s Laws? Why or why not? [2 marks]

d) Thanks to the Webb Photometric and Astrometric Instrument also onboard HST, we are ableto determine that the star is 1.7 kpc from the centre of the Milky Way and travelling with anorbital speed of 120.0 km/s. Your classmates found other stars in the Milky Way that are 7.9and 13.7 kpc from the Galactic centre travelling with orbital speeds of 219.4 and 220.0 km/srespectively. Are these measurements consistent with the Milky Way having a significantdark matter component? Why or why not? [2 marks

The East Division of Kensic Company manufactures a vital component that is used in one of Kensic’s major product lines. The East Division has been experiencing some difficulty in coordinating activities between its various departments, which has resulted in some shortages of the component at critical times. To overcome the shortages, the manager of East Division has decided to initiate a monthly budgeting system that is integrated between departments.

The first budget is to be for the second quarter of the current year (April, May and June). To assist in developing the budget figures, the divisional controller has accumulated the following information.

Sales: Sales through the first three months of the current year were 30,000 units. Actual sales in units for January, February, and March, and planned sales in units over the next five months, are given below:

January (actual) 6,000

February (actual) 10,000

March (actual) 14,000

April (planned) 20,000

May (planned) 34,000

June (planned) 51,000

July (planned) 45,000

August (planned) 30,000

In total, the East Division expects to produce and sell 250,000 units during the current year.

Direct Material: Two different materials are used in production of the component. Data regarding these materials are given below:

Material 208:

Materials per Finished Component: 4 pounds

Cost per pound: $5.00

Inventory at March 13: 46,000 pounds

Material 311:

Materials per Finished Component: 9 feet

Cost per foot: $2.00

Inventory at March 31: 69,000 feet

Material No. 208 is sometimes in short supply. Therefore, the East Division requires that enough of the material be on hand at the end of each month to provide for 50% of the following month’s production needs. Material No. 311 is easier to get, so only one-third of the following month’s production needs must be on hand at the end of each month.

Direct Labor:   The East Division has three department through which the components must past before they are completed. Information relating to direct labor in these departments is given below:

Department: Shaping

Direct Labor Hours per Finished Component: .25

Cost per Direct Labor Hour: $18.00

Department: Assembly

Direct Labor Hours per Finished Component: .70

Cost per Direct Labor Hour: $16.00

Department: Finishing

Direct Labor Hours per Finished Component: .10

Cost per Direct Labor Hour: $20.00

Direct labor is adjusted to the workload each month.

Manufacturing Overhead: East Division manufactured 32,000 components during the first three months of the current year. The actual variable overhead costs incurred during this three-month period are shown below. Each Division’s controller believes that the variable overhead costs incurred during the last nine months of the year will be at the same rate per component as experienced during the first three months.

Utilities $57,000

Indirect Labor $31,000

Supplies $16,000

Other $8,000

Total variable overhead $112,000

The East Division has planned fixed manufacturing overhead costs for the entire year as follows:

Supervision $872,000

Property Taxes $143,000

Depreciation $2,910,000

Insurance $631,000

Other $72,000

Total fixed manufacturing

  Overhead $4,628,000

Finished Goods Inventory: The desired monthly ending inventory of completed components is 20% of the next month’s estimated sales. The East Division has 4,000 units in the finished goods inventory on March 31.

Selling and Administrative Expenses: Selling and Administrative Expenses are budgeted at $400,000 per month plus 1% of total credit sales for the month.

I NEED MANUFACTURING OVERHEAD BUDGET

  CASH BUDGET

  SALES BUDGET