Johnson Electronics is considering extending trade credit to some customers previously considered poor risks. Sales would increase by $120,000 if credit were extended to these new customers. Of the new accounts receivable generated, 6 percent will prove to be uncollectible. Additional collection costs will be 3 percent of sales, and production and selling costs will be 71 percent of sales. The firm is in the 15 percent tax bracket.

a. Compute the incremental income after taxes.

b. What will Johnson’s incremental return on sales be if these new credit customers are accepted? (Input your answer as a percent rounded to 2 decimal places.)

c. If the accounts receivable turnover ratio is 4 to 1, and no other asset buildup is needed to serve the new customers, what will Johnson’s incremental return on new average investment be? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

Complete the code so that it can convert the date to day of week using python, the code should pass the doctest

def convert_datetime_to_dayofweek(datetime_string):
"""
This function takes date in the format MON DAY YEAR HH:MM(PM/AM)
and returns the day of the week
Assume input string is UTC
  
>>> convert_datetime_to_dayofweek('Jun 1 2005 1:33PM')
'Wednesday'
>>> convert_datetime_to_dayofweek('Oct 25 2012 2:17AM')
'Thursday'
"""
# code goes here

In the current year, the Best Corporation had sales revenue of $380,000, operating expenses of $390,000, and charitable contributions totaling $9,000. In addition, the company received a $50,000 cash dividend from another domestic corporation, a company in which it held a 15 percent ownership interest. What is Best Corporation’s taxable income?

On October 1, Black Company receives a 10% interest-bearing note from Reese Company to settle a $22,600 account receivable. The note is due in six months. At December 31, Black should record interest revenue of

a.$572

b.$565

c.$575

d.$562

Please answer it asap

P3-10A Pamper Me Salon Inc.’s general ledger at April 30, 2017, included the following: Cash $5,000, Supplies $500, Equipment $24,000, Accounts Payable $2,100, Notes Payable
$10,000, Unearned Service Revenue (from gift certifi cates) $1,000, Common Stock $5,000, and Retained Earnings $11,400. The following events and transactions occurred during May.

May 1 Paid rent for the month of May $1,000.
4 Paid $1,100 of the account payable at April 30.
7 Issued gift certifi cates for future services for $1,500 cash.
8 Received $1,200 cash from customers for services performed.
14 Paid $1,200 in salaries to employees.
15 Received $800 in cash from customers for services performed.
15 Customers receiving services worth $700 used gift certifi cates in payment.
21 Paid the remaining accounts payable from April 30.
22 Received $1,000 in cash from customers for services performed.
22 Purchased supplies of $700 on account. All of these were used during the
month.
25 Received a bill for advertising for $500. This bill is due on June 13.
25 Received and paid a utilities bill for $400.
29 Received $1,700 in cash from customers for services performed.
29 Customers receiving services worth $600 used gift certifi cates in payment.
31 Interest of $50 was paid on the note payable.
31 Paid $1,200 in salaries to employees.
31 Paid income tax payment for the month $150.
Instructions
(a) Using T-accounts, enter the beginning balances in the general ledger as of April 30,
2017.
(b) Journalize the May transactions.
(c) Post the May journal entries to the general ledger.
(d) Prepare a trial balance on May 31, 2017.

e) prepare the Income Statement for the month ended May 31, 2017

f) Prepare the Statement of Retained Earnings for the month ended May 31, 2017

g) Prepare the Balance Sheet for May 31, 2017

h)Prepapre the Statement of Cash Flows for the month ended May 31, 2017

I) Calculate the following for May: Working Capital, Current Ratio, Debt to Asset Ratio, Profit margin, & Return on Equity

1. A monopolist maximizes profits at the output at which

A) total revenue is at its greatest, assuming that the firm has both fixed and variable costs.

B) price equals marginal cost.

C) price exceeds marginal cost by the greatest amount.

D) none of the above

2. Which of the following is true of marginal revenue earned by a monopolist that charges a single price to all its consumers?

A) ​Marginal revenue earned by a monopolist is equal to the average cost incurred by it.

B) ​Marginal revenue earned by a monopolist is more than the price of its product.

C) ​Marginal revenue earned by a monopolist is less than the price of its product.

D) Marginal revenue earned by a monopolist is equal to the average revenue earned by it.

E) ​Marginal revenue earned by a monopolist is equal to price of its product.

3. For a monopolist, if price is above average total cost, the monopolist is

A) earning an economic profit.

B) taking an economic loss.

c) minimizing total fixed costs.

d) minimizing total variable costs.

Bank Reconciliation The bank reconciliation made by Sandler Company, a sole proprietorship, on March 31 showed:

The following bank statement is available for April 2012.

A list of deposits made and checks written during April is shown below:

The Cash in Bank account balance on April 30 was $13,870. In reviewing checks returned by the bank, the accountant discovered that check No. 811 written for $326 for delivery expense, was recorded in the cash disbursements journal as $272. The NSF check for $500 was that of customer R. Koppa, deposited in April.

Required
a. Prepare a bank reconciliation for Sandler Company at April 30.
b. Prepare the necessary journal entries to bring the Cash in Bank account into agreement with the reconciled cash balance on the bank reconciliation.

• Bank reconciliation
• Journal entries

• Nine experts rated two brands of Colombian coffee in a taste-testing experiment. A rating on a 7-point scale ( 1=1= 1 equals extremely unpleasing, 7=7= 7 equals extremely pleasing) is given for each of four characteristics: taste, aroma, richness, and acidity. The following data stored in Coffee contain the ratings accumulated over all four characteristics:

  	BRAND
  EXPERT	A	B
  C.C.	24	26
  S.E.	27	27
  E.G.	19	22
  B.L.	24	27
  C.M.	22	25
  C.N.	26	27
  G.N.	27	26
  R.M.	25	27
  P.V.	22	23

  • a. At the 0.05 level of significance, is there evidence of a difference in the mean ratings between the two brands?

  • b. What assumption is necessary about the population distribution in order to perform this test?

  • c. Determine the p-value in (a) and interpret its meaning.

  • d. Construct and interpret a 95% confidence interval estimate of the difference in the mean ratings between the two brands.

it is a question of discrete math

RSA is the most widely used public key cryptosystem. In this discussion, you will apply RSA to post and read messages. For this reflection discussion, use the prime numbers p = 3 and q = 11.
Using the public key e = 3, post a phrase about something that you found interesting or relevant in this course. Include only letters and spaces in your phrase. Represent the letters A through Z by using the numbers 01 through 26, and represent a space by the number 32. Treat upper case and lower case letters as the same.
Optional: If you want to include punctuation characters, you can use the numbers 27 through 31 for that, but you must inform your classmates that you did.
How did you calculate your value for d? As a check, the phrase “A CAB” would be represented by “01 32 03 01 02” and would be encrypted as “01 32 27 01 08”.

Prior to adjustment at the end of the year, the balance in Trucks is $301,820 and the balance in Accumulated Depreciation—Trucks is $102,720. Details of the subsidiary ledger are as follows:

A. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year.

.31 x 7700 = 2387, but that is not the answer. How do I find it?