Disney Entertainment Company
December, 31,2019 Unadjusted Trial Balance
|
Debit |
Credit |
|
|
100 Cash |
20820 |
|
|
101 Checks Received |
17700 |
|
|
102 Banks |
13000 |
|
|
103 Checks Given |
- |
|
|
120 Accounts Receivables |
20000 |
11800 |
|
121 Notes Receivables |
28000 |
- |
|
153 Merhcandise Inventory |
57000 |
- |
|
252 Buildings |
40000 |
|
|
300 Bank Loans |
- |
- |
|
320 Accounts Payable |
- |
10000 |
|
321 Notes Payable |
- |
48000 |
|
500 Capital |
- |
32000 |
|
600 Domestic Sales |
- |
67000 |
|
621 Cost of the Goods Sold |
10000 |
43720 |
|
General Administrative Expenses |
6000 |
- |
|
TOTAL |
212520 |
212520 |
Above is a business's general unadjusted trial balance for 2019. End of period transactions are as follows:
- In the bank statement received from the bank, the remainder of the business account is 13.450 $. The bank accrued $ 450 interest in favor of the enterprise and the difference is due to this.
- The seller declared to the account of the company that he had executed an interest of 300 $ per contract.
- According to the contract, 250 $ interest was charged to the buyer.
- Commercial goods were counted and it was observed that goods of 37,000 $ were available.
- There is no difference between the rest of other accounts and physical results.
a)SHOW JOURNAL ENTRY AND LEDGER REGISTERS by making the end of period operations of the business.
b) Edit ADJUSTED TRIAL BALANCE
c) Arrange the INCOME STATEMENT AND BALANCE SHEET for the end of the semester.
Can you explain more clearly and simple way. Make a easy table and should be easy to understand.
Thanks <3
In: Accounting
| Little Leaguers | Summer Sluggers | Elite Ballplayers (Print Ad) | Elite Ballplayers (Party) | Entertainment Seekers | |
| Contact Cost | ¥1,000 | ¥1,500 | ¥300 | ¥12,500 | ¥50 |
| Response Rate | 10.0% | 15.0% | 0.5% | 25.0% | 2.5% |
| Acquisition Cost | ??? | ??? | ??? | ??? | ??? |
| Workers Needed | 2 | 1 | 1 | 1 | 2 |
| Worker Labor Cost | ¥1,500 | ¥1,500 | ¥1,500 | ¥1,500 | ¥1,500 |
| Instructors Needed | 1 | 0 | 1 | 1 | 0 |
| Instructor Hourly Labor Cost | ¥3,000 | N/A | ¥4,500 | ¥4,500 | N/A |
| Total Cost Per Hour | ??? | ??? | ??? | ??? | ??? |
| Hourly Price Charged | ¥6,500 | ¥3,000 | ¥7,500 | ¥7,500 | ¥4,000 |
| Hourly Margin ¥ | ??? | ??? | ??? | ??? | ??? |
| Hourly Margin % | ??? | ??? | ??? | ??? | ??? |
| Annual Hours | 10.0 | 4.0 | 20.0 | 20.0 | 1.5 |
| Annual Margin ¥ | ??? | ??? | ??? | ??? | ??? |
| Retention Rate | 75.0% | 50.0% | 60.0% | 60.0% | 35.0% |
| Interest Rate | 10.0% | ||||
What is the customer acquisition cost?
In: Accounting
Please label everything so I understand how you got your answer. Thank you:)
DeYoung Entertainment Enterprises is considering replacing the latex molding machine it uses to fabricate rubber chickens with a newer, more efficient model. The old machine has a book value of $600,000 and a remaining useful life of 5 years. The current machine would be worn out and worthless in 5 years, but DeYoung can sell it now to a Halloween mask manufacturer for $265,000. The old machine is being depreciated by $120,000 per year for each year of its remaining life. The new machine has a purchase price of $1,180,000, an estimated useful life and MACRS class life of 5 years, and an estimated salvage value of $105,000. The applicable depreciation rates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. Being highly efficient, it is expected to economize on electric power usage, labor, and repair costs, and, most importantly, to reduce the number of defective chickens. In total, an annual savings of $250,000 will be realized if the new machine is installed. The company's marginal tax rate is 35% and the project cost of capital is 15%.
What is the initial net cash flow if the new machine is purchased and the old one is replaced? Round your answer to the nearest dollar. $
Calculate the annual depreciation allowances for both machines, and compute the change in the annual depreciation expense if the replacement is made. Do not round intermediate calculations. Round your answers to the nearest dollar.
Year Depreciation Allowance,New Depreciation Allowance, Old Change in Depreciation
1 $ $ $
2 $ $ $
3 $ $ $
4 $ $ $
5 $ $ $
What are the incremental net cash flows in Years 1 through 5? Do not round intermediate calculations. Round your answers to the nearest dollar.
CF1 $
CF2 $
CF3 $
CF4 $
CF5 $
Should the firm purchase the new machine? Support your answer. Do not round intermediate calculations. Round your answer to the nearest dollar.
In: Finance
In: Economics
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 | $ | 9,239 | |
| 1994 | 11,836 | ||
| 1995 | 14,804 | ||
| 1996 | 18,165 | ||
| 1997 | 24,326 | ||
| 1998 | 31,349 | ||
| 1999 | 36,687 | ||
| 2000 | 47,660 | ||
| 2001 | 54,509 | ||
| 2002 | 57,861 | ||
| 2003 | 66,293 | ||
| 2004 | 75,025 | ||
| 2005 | 83,503 | ||
| 2006 | 90,116 | ||
| 2007 | 78,278 | ||
| 2008 | 70,438 | ||
| 2009 | 65,346 | ||
| 2010 | 67,300 | ||
| 2011 | 69,847 | ||
| 2012 | 75,519 | ||
| 2013 | 80,383 | ||
| 2014 | 83,101 | ||
| 2015 | 88,293 | ||
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.)
|
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In: Statistics and Probability
The following are data on
y = quit rate per 100 employees in manufacturing
x = unemployment rate
The data are for United States and cover the period 1990-2002.
| Year | Y | X |
| 1990 | 1.3 | 6.2 |
| 1991 | 1.2 | 7.8 |
| 1992 | 1.4 | 5.8 |
| 1993 | 1.4 | 5.7 |
| 1994 | 1.5 | 5.0 |
| 1995 | 1.9 | 4.0 |
| 1996 | 2.6 | 3.2 |
| 1997 | 2.3 | 3.6 |
| 1998 | 2.5 | 3.3 |
| 1999 | 2.7 | 3.3 |
| 2000 | 2.1 | 5.6 |
| 2001 | 1.8 | 6.8 |
| 2002 | 2.2 | 5.6 |
(a) Estimate the regression and report the results
(b) Construct a 95% confidence interval for β.
(c) Test the hypothesis H0 : β = 0 against the alternative β=0 at the 5% significance level.
(d) Test Normality of the residuals using Jarque-Bera test.
(e) What is likely to be wrong with the assumptions of the classical normal linear model in this case? Discuss.
In: Statistics and Probability
. Interpret the odds ratio to determine the strength of association between the potential sources of exposure and the disease. Tip: Use the data in Table 2 of the final project research study to calculate the odds ratio. Show your work.
Table 2. Potential sources of exposure to Salmonella, Trinidad and Tobago
Case-Control Study, March 1998 – May 1999.
|
Exposure* |
Matched Odds |
Ratio p-value |
|
Ate Chicken |
0.5 |
0.4 |
|
Ate shell eggs |
8.8 |
<0.001 |
|
Ate dishes that contained raw or undercooked eggs Ate ground beef |
18.9 |
0.001 |
|
Ingested powdered milk |
1.5 |
0.2 |
|
Exposed to live chickens |
1.3 |
0.4 |
|
Bought refrigerated eggs |
0.1 |
<0.001 |
|
Refrigerated eggs at home |
0.03 |
<0.001 |
|
Ate ground beef |
1.3 |
0.6 |
*in the 3 days before onset of illness in the associated case
In: Statistics and Probability
The following data set provides information on the lottery sales, proceeds, and prizes by year in Iowa.
FY
Sales
Proceeds
Prizes
1992
$166,311,122
$45,678,558
$92,939,035
1993
$207,192,724
$56,092,638
$116,820,274
1994
$206,941,796
$56,654,308
$116,502,450
1995
$207,648,303
$58,159,175
$112,563,375
1996
$190,004,182
$51,337,907
$102,820,278
1997
$173,655,030
$43,282,909
$96,897,120
1998
$173,876,206
$42,947,928
$96,374,445
1999
$184,065,581
$45,782,809
$101,981,094
2000
$178,205,366
$44,769,519
$98,392,253
2001
$174,943,317
$44,250,798
$96,712,105
2002
$181,305,805
$48,165,186
$99,996,233
HelpCopy to ClipboardDownload CSV
Create a graph using the sales and year. What approximate range of sales would you expect for the year 2017?
Select the correct answer below:
Between 250 and 300 million dollars
Between 300 and 375 million dollars
Between 375 and 400 million dollars
Between 500 and 550 million dollars
In: Advanced Math
The following data set provides information on the lottery sales, proceeds, and prizes by year in Iowa.
FY
Sales
Proceeds
Prizes
1992
$166,311,122
$45,678,558
$92,939,035
1993
$207,192,724
$56,092,638
$116,820,274
1994
$206,941,796
$56,654,308
$116,502,450
1995
$207,648,303
$58,159,175
$112,563,375
1996
$190,004,182
$51,337,907
$102,820,278
1997
$173,655,030
$43,282,909
$96,897,120
1998
$173,876,206
$42,947,928
$96,374,445
1999
$184,065,581
$45,782,809
$101,981,094
2000
$178,205,366
$44,769,519
$98,392,253
2001
$174,943,317
$44,250,798
$96,712,105
2002
$181,305,805
$48,165,186
$99,996,233
HelpCopy to ClipboardDownload CSV
Create a graph using the sales and year. What approximate range of sales would you expect for the year 2017?
Select the correct answer below:
Between 250 and 300 million dollars
Between 300 and 375 million dollars
Between 375 and 400 million dollars
Between 500 and 550 million dollars
In: Advanced Math
Which of the following sets of Excel entries will correctly solve this problem: Jim paid $167,000 for an old house to renovate. He spent an average of $1,998 per quarter over the next two years as he readied the renovated house for sale. He wants to set the price of the house high enough so that he will earn an annual rate of return of 10% for his investment. Given that information, what price should Jim set on the house?
A. NPER=8 RATE=2.5000% PV=(167,000) PMT=1998 solve for FV
B. NPER=8 RATE=2.5000% PV=($167,000) PMT=($1,998) solve for FV
C. NPER=2 RATE=10.0000% PV=($167,000) PMT=($7,992) solve for FV
D. NPER=24 RATE=0.8333% PV=($167,000) PMT=($1,998) solve for FV
In: Finance