4. A mysterious document had been discovered in F¨uhrerbunker in Berlin and Robert Langdon was urgently called to investigate. As part of his top secret mission, at midnight he goes into a concealed archival chamber, which is sealed off from the rest of the facility by a hermetical door that will be reopened at exactly 6 am. The chamber has the volume of 2000 m3 and a primitive air circulation system with air pumped in and out at the rate of 1000 L/min. Prof. Langdon only needs two hours to examine the document. Unbeknownst to him, an agent of the powerful Rote Hakenkreuz secret society had infiltrated the security, and has managed to connect a source of carbon monoxide (CO) to the air intake. The poisonous gas is dispersed uniformly and the mixture is continuously removed via the air outflow. (a) Assuming that the concenration of CO in the air inflow is 0.5%, or 5000 ppm (parts per million), write down a differential equation for the amount A(t) of CO in the chamber as a function of time. (b) At midnight, the concentration of CO in the chamber is already 200 ppm. Set up and solve the initial value problem for A(t). (c) As a former diver, Langdon can tolerate up to 480 ppm of CO while maintaining his mental acuity and up to 1000 ppm before he passes out. Will the professor survive this ordeal and complete his mission?

K Co. is a publicly listed company involved in the production of highly technical and sophisticated electronic components for complex machinery. It has a number of diverse and popular products, an active research and development department, significant cash reserves and a highly talented management who are very good in getting products to market quickly.

A new industry that K Co. is looking to venture into is biotechnology, which has been expanding rapidly and there are strong indications that this recent growth is set to continue. However, K Co. has limited experience in this industry. Therefore, it believes that the best and quickest way to expand would be through acquiring a company already operating in this industry sector.

Discussions taken place about the possibility of acquiring Tee Co. being acquired by K Co. Price of Tee company in stock market during last one year are as follows.

Price at the end of month

1. Calculate average return for both stock and market
2. Calculate Standard deviation for both
3. Calculate coefficient of variation for both
4. Calculate Beta of stock
5. Suggest what you understand from Beta

K Co. is a publicly listed company involved in the production of highly technical and sophisticated electronic components for complex machinery. It has a number of diverse and popular products, an active research and development department, significant cash reserves and a highly talented management who are very good in getting products to market quickly.

A new industry that K Co. is looking to venture into is biotechnology, which has been expanding rapidly and there are strong indications that this recent growth is set to continue. However, K Co. has limited experience in this industry. Therefore, it believes that the best and quickest way to expand would be through acquiring a company already operating in this industry sector.

Discussions taken place about the possibility of acquiring Tee Co. being acquired by K Co. Price of Tee company in stock market during last one year are as follows.

Price at the end of month

1. Calculate average return for both stock and market
2. Calculate Standard deviation for both
3. Calculate coefficient of variation for both
4. Calculate Beta of stock
5. Suggest what you understand from Beta

Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short-term stock investments with insignificant influence. Apr. 16 Purchased 8,000 shares of Gem Co. stock at $20.25 per share. July 7 Purchased 4,000 shares of PepsiCo stock at $54.00 per share. 20 Purchased 2,000 shares of Xerox stock at $15.00 per share. Aug. 15 Received a(n) $0.80 per share cash dividend on the Gem Co. stock. 28 Sold 4,000 shares of Gem Co. stock at $27.00 per share. Oct. 1 Received a $1.80 per share cash dividend on the PepsiCo shares. Dec. 15 Received a $0.95 per share cash dividend on the remaining Gem Co. shares. 31 Received a $1.00 per share cash dividend on the PepsiCo shares.

Required: 1. Prepare journal entries to record the preceding transactions and events. 2. Prepare a table to compare the year-end cost and fair values of Rose's short-term stock investments. The year-end fair values per share are Gem Co., $22.50; PepsiCo, $51.25; and Xerox, $12.00. 3. Prepare an adjusting entry to record the year-end fair value adjustment for the portfolio of short-term stock investments.

Discuss the main similarity and difference between a dedicated web server and a co-located web server.

Group of answer choices

Both of them are mainly used for small to medium-size web sites.

Both of them are mainly used for large to enterprise-size web sites.

Both of them are kept and connected to the Internet at the web host provider's location.

One of them is kept and connected to the Internet at the web host provider's location, while the other is NOT.

The dedicated web server uses a rented computer from the web host provider, and the co-located web server uses a computer that your organization has purchased.

The co-located web server uses a rented computer from the web host provider, and the dedicated web server uses a computer that your organization has purchased.

If you use a dedicated web server, your organization administers this computer. If you use a co-located web server, the server can usually be configured and operated remotely from the client company or you can pay the web host provider to administer it for you.

If you use a co-located web server, your organization administers this computer. If you use a dedicated web server, the server can usually be configured and operated remotely from the client company or you can pay the web host provider to administer it for you.

On December 8, 2015, ABC store announced they were buying 123 Co for $13.9 billion. The deal was for $92 per share, a 78% premium to 123 CO.December 4 closing price of $51.70 per share.Summary financial data for 123 Co before the deal is shown below (equity shown is Book Value). the company’s equity beta before the buyout proposal is 1.0, the same level as the overall market.ABC store announced that they would operate 123 Co similarly to their other brands, with a 40% debt:capital ratio (D/(D+E). Because of their size and diversification, ABC store expected to reduce 123 Co borrowing cost by 1%, and to lower the tax rate to 30%.Question Calculate 123 Co weighted average cost of capital before the acquisition (using book value weights) and after the acquisition using the new proposed capital structure weights of 40% debt:capital. SHOW ALL STEPS IN YOUR CALCULATIONS In a couple sentences, explain your results.

sales $4585 mill ; net income $495 mill; long term interest expense 33.7 mill; long term debt 410 mill; equity $3,550 mill; tax rate 35%; dividend yeild 2.10%; stock price 52 week high/low = $139.70/$45.30; Risk free rate Rf 2.0%; Rm-Rf spread 6%

Question text

Top Notch software has a customer who isn't happy with their service. The issue with the customer's software seems to be user error. What is the problem in this scenario?

Select one:

a. The customer did not read the user manual

b. The company has an unhappy customer

c. The customer is not listening

d. The customer needs a replacement software

Question text

Scenario: Lee is the general manager for The Mattress Store. His best sales associate, Ben missed his monthly goal by one mattress this month. It is unusual for Ben to miss his goal; he was out for a week with the flu. Unfortunately, Ben did not earn his bonus for the month. Ben is upset and threatens to quit if Lee does not make the exception since Ben had the flu. The rules are clear, and bonuses are paid to those who meet their sales goal. However, Lee does have the authority to make exceptions to the rule.
Should Lee involve others in making this decision? Choose all that apply:

Select one:

a. Yes, Lee should involve the accounting department in his decision.

b. Yes, Lee should involve the payroll department in his decision.

c. Yes, Lee should involve HR in his decision.

d. No, Lee has the information he needs to make the decision on his own

Question text

Scenario: Stanley transferred from the northside location to the southside location and accepted a promotion to manager of the store. On his first day in his new role as manager, an employee approached Stanley and asked if she could leave two hours early to attend her son's school play. She said that the previous manager always lets her leave early. Stanley does not know how to respond.
Should Stanley involve others in his decision? Choose all that apply.

Select one or more:

a. Yes, Stanley should find out if it is appropriate to grant her request.

b. Yes, Stanley should consult the other employees of the department.

c. Yes, Stanley should involve the manager of accounting.

d. No, Stanley has the information to make the decision on his own

Identify and Define Problems. Amanda has a co-worker, Sherry, who is vocal about political opinions. Amanda does not agree with Sherry's views. Amanda likes Sherry but some of her recent comments have upset Amanda and made her feel uncomfortable. Amanda puts her energy into telling their co-workers about Sherry's annoying comments. The gossip has gotten back to the boss, Mel. Mel agrees with Sherry's political views. Mel gave Amanda a written reprimand for violating the company's zero tolerance policy. Mel cited that Amanda was bullying Sherry because she was mocking her political views.
Is the problem in the scenario a work-place problem or is it a personal problem between friends?

Select one:

a. It is a personal problem, Amanda and Sherry are friends.

b. It is a personal problem, Amanda and Sherry are friends and the political conversations are of personal content and do not involve talk about work.

c. It is a work problem because Amanda's gossiping is distracting employees from completing their daily tasks.

d. It is a work problem because an employee feels uncomfortable in the workplace and Amanda's gossip is toxic to the work climate.

Baird Company is a retail company that specializes in selling outdoor camping equipment. The company is considering opening a new store on October 1, 2019. The company president formed a planning committee to prepare a master budget for the first three months of operation. As budget coordinator, you have been assigned the following tasks:

Required

October sales are estimated to be $300,000, of which 40 percent will be cash and 60 percent will be credit. The company expects sales to increase at the rate of 20 percent per month. Prepare a sales budget.

The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale. Prepare a schedule of cash receipts.

The cost of goods sold is 70 percent of sales. The company desires to maintain a minimum ending inventory equal to 20 percent of the next month’s cost of goods sold. However, ending inventory of December is expected to be $12,100. Assume that all purchases are made on account. Prepare an inventory purchases budget.

The company pays 80 percent of accounts payable in the month of purchase and the remaining 20 percent in the following month. Prepare a cash payments budget for inventory purchases.

Budgeted selling and administrative expenses per month follow:

*The capital expenditures budget indicates that Baird will spend $119,400 on October 1 for store fixtures, which are expected to have a $21,000 salvage value and a two-year (24-month) useful life.

Use this information to prepare a selling and administrative expenses budget.

Utilities and sales commissions are paid the month after they are incurred; all other expenses are paid in the month in which they are incurred. Prepare a cash payments budget for selling and administrative expenses.

Baird borrows funds, in increments of $1,000, and repays them on the last day of the month. Repayments may be made in any amount available. The company also pays its vendors on the last day of the month. It pays interest of 2 percent per month in cash on the last day of the month. To be prudent, the company desires to maintain a $13,000 cash cushion. Prepare a cash budget.

October sales are estimated to be $300,000, of which 40 percent will be cash and 60 percent will be credit. The company expects sales to increase at the rate of 20 percent per month. Prepare a sales budget.

The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale. Prepare a schedule of cash receipts.

The cost of goods sold is 70 percent of sales. The company desires to maintain a minimum ending inventory equal to 20 percent of the next month’s cost of goods sold. However, ending inventory of December is expected to be $12,100. Assume that all purchases are made on account. Prepare an inventory purchases budget.

The company pays 80 percent of accounts payable in the month of purchase and the remaining 20 percent in the following month. Prepare a cash payments budget for inventory purchases. (Round your final answers to the nearest whole dollar amounts.)

Prepare a selling and administrative expenses budget.

Utilities and sales commissions are paid the month after they are incurred; all other expenses are paid in the month in which they are incurred. Prepare a cash payments budget for selling and administrative expenses.

Baird borrows funds, in increments of $1,000, and repays them on the last day of the month. Repayments may be made in any amount available. The company also pays its vendors on the last day of the month. It pays interest of 2 percent per month in cash on the last day of the month. To be prudent, the company desires to maintain a $13,000 cash cushion. Prepare a cash budget. (Any repayments/shortage which should be indicated with a minus sign.)

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Admire is a retail company that sells specialized gardening products. The company is considering opening a new store on October 1, Year1. As budget coordinator, you have been asked to prepare a master budget for the first 3 months of the company’s operation. You have gathered the following information:

October sales are estimated to be $300000 of which 45 percent will be cash and the remainder will be on credit. The company expects all sales to increase at the rate of 20 percent per month for November and December. Sales in January Year 2 are expected to be $250000.

The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale.

Prepare a sales budget and a schedule of cash receipts using these facts and your excel template. Check your answers here before moving to the next part, by completing the cells requested in the chart below.

The cost of goods sold is 60 percent of sales. The company desires to maintain a minimum ending inventory equal to 10 percent of the next month’s cost of goods sold. (Ending inventory for December is based on budgeted January Year2 sales.)

Assume that all inventory purchases are made on account (on credit). The company pays 80 percent of accounts payable in the month of purchase and the remaining amount in the following month.

In excel, prepare an inventory purchases budget and a cash payments budget for inventory purchases. Use the check figures below before you continue.

Budgeted selling and administrative expenses per month follow.

• Salary expense (fixed): $ 28200
• Sales commissions:  5 percent of Sales
• Supplies expense:   2 percent of Sales
• Utilities (fixed): $2600              
• Depreciation on store equipment (fixed)*:   You compute    
• Rent (fixed) $ 11000          
• Miscellaneous (fixed): $ 3500      

*The capital expenditures budget indicates that the company will spend $182400 on October 1 for store fixtures, which are expected to have a $24000 residual value and a 36 month useful life.

Utilities and sales commissions are paid the month after they are incurred; all other expenses are paid in the month in which they are incurred.

In excel, prepare the selling and administrative expenses budget and the cash payments budget for selling and administrative expenses. Check the key figures below.

Admire issued common stock for $50000 on October 5.

A dividend of $28000 was paid on December 15.

The company borrows and repays funds in increments of $1,000 on the last day of the month. The company also pays its vendors on the last day of the month. It pays interest of 1 percent per month in cash on the last day of the month. To be prudent, the company desires to maintain a $16000 cash cushion.   

Prepare a cash budget on your excel template. Check key figure below.

Use your excel spreadsheet , completed as part of Question 1, to complete the following budgets for Admire Company.

Budget h. Income statement for the quarter ended December 21, Year1.

Budget i. Balance sheet as of December 31, Year1.

Income statement

Input expenses as negatives. Use a minus sign in front of the number.

Balance Sheet

Enter any contra-assets as negative numbers. Use a minus sign.

Admire is a retail company that sells specialized gardening products. The company is considering opening a new store on October 1, Year1. As budget coordinator, you have been asked to prepare a master budget for the first 3 months of the company’s operation. You have gathered the following information:

October sales are estimated to be $300000 of which 45 percent will be cash and the remainder will be on credit. The company expects all sales to increase at the rate of 20 percent per month for November and December. Sales in January Year 2 are expected to be $250000.

The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale.

Prepare a sales budget and a schedule of cash receipts using these facts and your excel template. Check your answers here before moving to the next part, by completing the cells requested in the chart below.

The cost of goods sold is 60 percent of sales. The company desires to maintain a minimum ending inventory equal to 10 percent of the next month’s cost of goods sold. (Ending inventory for December is based on budgeted January Year2 sales.)

Assume that all inventory purchases are made on account (on credit). The company pays 80 percent of accounts payable in the month of purchase and the remaining amount in the following month.

In excel, prepare an inventory purchases budget and a cash payments budget for inventory purchases. Use the check figures below before you continue.

Budgeted selling and administrative expenses per month follow.

• Salary expense (fixed): $ 28200
• Sales commissions:  5 percent of Sales
• Supplies expense:   2 percent of Sales
• Utilities (fixed): $2600              
• Depreciation on store equipment (fixed)*:   You compute    
• Rent (fixed) $ 11000          
• Miscellaneous (fixed): $ 3500      

*The capital expenditures budget indicates that the company will spend $182400 on October 1 for store fixtures, which are expected to have a $24000 residual value and a 36 month useful life.

Utilities and sales commissions are paid the month after they are incurred; all other expenses are paid in the month in which they are incurred.

In excel, prepare the selling and administrative expenses budget and the cash payments budget for selling and administrative expenses. Check the key figures below.

Admire issued common stock for $50000 on October 5.

A dividend of $28000 was paid on December 15.

The company borrows and repays funds in increments of $1,000 on the last day of the month. The company also pays its vendors on the last day of the month. It pays interest of 1 percent per month in cash on the last day of the month. To be prudent, the company desires to maintain a $16000 cash cushion.   

Prepare a cash budget on your excel template. Check key figure below.

Income statement

Input expenses as negatives. Use a minus sign in front of the number.

Balance Sheet

Enter any contra-assets as negative numbers. Use a minus sign.