Revenue and expense data for Bluestem Company are as follows:

Year 2 Year 1

administrative expenses 37,720 20,300

COGS 360,000 319,900

Income tax 41,000 32,200

Sales 820,000 700,000

Selling expense 154,160 109,900

1) Required: (a) Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales. Round your percentages to one decimal place. Enter all amounts as positive numbers. Refer to the Accounts and Amount Descriptions for correct wording of text entries. (b) Comment upon significant changes disclosed by the comparative income statement.

2) Comment upon significant changes disclosed by the comparative income statement.

There was an (increase/decrease) the cost of goods sold and a 1.7% (increase/decrease) in administrative expenses. However, the more significant of 3.1% in selling expenses offset the 1.8% (increase/decrease) in the cost of goods sold and contributed greatly to the 3.4% (increase/decrease) in net income.

3. Use both the TVM equations and a financial calculator to find the following values. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.
a. An initial $400 compounded for 10 years at 4%.


b. An initial $400 compounded for 10 years at 8%.


c. The present value of $400 due in 10 years at a 4% discount rate.


d. The present value of $400 due in 10 years at an 8% discount rate.

1) Start with an initial AD-AS model with the below full-employment equilibrium. Please label all the axes and the curves. Label the equilibrium as "1".

2) Let's say the Fed would like to use a policy to recover the economy. What kinds of policy the Fed has to use? Please note that the Fed would like to have the full employment equilibrium for the economy. Make sure to indicate the policy's name, the direction of the policy (e.g. increase or decrease of whatever the tools that they are using), the details of the tool, and the details of the channels. You may want to indicate what happens to the economy after the policy as well.

3) After the policy, what happens to which curve(s)? Make sure to show the changes in the above AD-AS model. Indicate the new equilibrium as "2". Show the movement into your graph and explain the change clearly.

4) Therefore, what happens to the equilibrium and the economic condition? Explain all the changes in quantity and price in writing.

Jordan, Inc., is a leading manufacturer of sports apparel, shoes, and equipment. The company’s 2015 financial statements contain the following information (in millions):

A note disclosed that the allowance for uncollectible accounts had a balance of $117 million and $104 million at the end of 2015 and 2014, respectively. Bad debt expense for 2015 was $45 million. Assume that all sales are made on a credit basis.

Required:

1. What is the amount of gross (total) accounts receivable due from customers at the end of 2015 and 2014?
2. What is the amount of bad debt write-offs during 2015?
3. Analyze changes in the gross accounts receivable account to calculate the amount of cash received from customers during 2015.
4. Analyze changes in net accounts receivable to calculate the amount of cash received from customers during 2015.

Minta Corporation is a leading manufacturer of sports apparel, shoes, and equipment. The company’s 2017 financial statements contain the following information ($ in millions):

A note disclosed that the allowance for uncollectible accounts had a balance of $37 million and $61 million at the end of 2017 and 2016, respectively. Bad debt expense for 2017 was $58 million. Assume that all sales are made on a credit basis.

Required:
1. What is the amount of gross (total) accounts receivable due from customers at the end of 2017 and 2016?
2. What is the amount of bad debt write-offs during 2017?
3. Analyze changes in the gross accounts receivable account to calculate the amount of cash received from customers during 2017.
4. Analyze changes in net accounts receivable to calculate the amount of cash received from customers during 2017.
  

Minta Corporation is a leading manufacturer of sports apparel, shoes, and equipment. The company’s 2017 financial statements contain the following information ($ in millions):

A note disclosed that the allowance for uncollectible accounts had a balance of $30 million and $54 million at the end of 2017 and 2016, respectively. Bad debt expense for 2017 was $51 million. Assume that all sales are made on a credit basis.

Required:
1. What is the amount of gross (total) accounts receivable due from customers at the end of 2017 and 2016?
2. What is the amount of bad debt write-offs during 2017?
3. Analyze changes in the gross accounts receivable account to calculate the amount of cash received from customers during 2017.
4. Analyze changes in net accounts receivable to calculate the amount of cash received from customers during 2017.
  

This is research Please Give the Full Answers

Company: Wal-Mart (write on the following guidline)

1. Describe the process: list the key tasks performed and sequence of steps, people involved, equipment used, environmental conditions, work methods, and materials used.

2. Describe the players: external and internal customers and suppliers, and process operators.

3. Define customer expectations: what the customer wants, when, and where, for both external and internal customers.

4. Determine what historical data are available on process performance, or what data need to be collected to better understand the process.

5. Describe the perceived problems associated with the process; for instance, failure to meet customer expectations, excessive variation, long cycle times, and so on.

6. Identify the primary causes of the problems and their impacts on process performance.

7. Develop potential changes or solutions to the process, and evaluate how these changes or solutions will address the primary causes.

Positive statements can contain

A)opinions and conditions.

B)facts and predictions.

C)a mixture of facts and opinions.

D)logical arguments mixed with statements of opinion.

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Microeconomics focuses on

A)individual decision makers within the economy.

B)the large parts of the economy.

C)changes in national income.

D)satisfying the needs of the economy.

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In order to study how changing price affects consumer decisions, we must assume all other factors, such as income and the prices of other goods are constant. This assumption is best know as

A)rationality.

B)ceteris paribus.

C)normative economics.

D)behavioral economics.

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Ceteris paribus means

A)making all the necessary changes.

B)other things constant.

C)for certain parameters.

D)let the buyer beware.

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Scarcity

A)exists in all human societies.

B)is a problem for less-developed nations only.

C)used to be a problem, but is not an issue for modern industrial nations.

D)afflicts greedy people only.

BACKGROUND INFORMATION:

Vinnie is a professional road cyclist participating in the 2020 Giro d’Italia, a three-week race nearly 3,600 km in distance with some stages exceeding altitudes of 2,700 m above sea level (i.e., Stelvio Pass, Italy). As the newly hired head of the high-performance team, it is your responsibility to manage his preparation for the event. You must demonstrate to your team a fundamental understanding of physiology, the chronic adaptations expected from his training, and methods that could be implemented to improve the likelihood of success.

QUESTION:

You recommend that Vinnie performs altitude training as part of his preparation for the race, a training approach that is novel to him.

1. What physiological changes would you expect in the short (i.e., acute), and long-term (i.e., chronic)?
2. How will the physiological changes influence performance in the short (i.e., acute), and long-term (i.e., chronic)?
3. What parameters would you specify to achieve these benefits, and why?