Ivanhoe Corporation’s trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below.

Unrecorded transactions and adjustments:

(Ignore income taxes.)

rounded off to 2 decimal places

1. FInd the ordinary interest on P500,000 at 5.5% invested from April 1, 2017 to December 24, 2017?

2. How long will it take 200,000 to amount half a million pesos if the simple interest rate is 8.25% per annum?

3. Find the simple interest on 20,000 borrowed on May 1 and will be paid after 6months at 6.25% interest using exact time.

4. How much must be paid on the due date of Oct 20, 2020, on a loan of 80,000 made on December 5, 2015 with interest of 44.5% compounded quarterly?

5. Find the amount to be paid of a present value of 15,000 payable every three months for 10years, if the money is worth 5% compounded quarterly

6. If 25,000 is deposited in an account that earns interest compounded monthly becomes 32,000 after 2 years, what is the interest rate?

7. After a strong typhoon, Mang Liloy applied for a calamity loan of 30,000. The current interest rate for the calamity loan is 5.95% per annum. How much interest does Mang Liloy have to pay at the end of 1 year?

8. What is the interest rate compounded quarterly if 2,500,000 is invested and the amount became 3,210,000 after 10years?

9. Find the amount and interest on 50,000 invested for 10years at 5.25% interest compounded semi-annually

10. Find the compound amount and interest if 400,000 is invested at 8% compounded quarterly for 5years and 6months?

Using Java

Summary

Create a Loan class, instantiate and write several Loan objects to a file, read them back in, and format a report.

Project Description

You’ll read and write files containing objects of the Loan class. Here are the details of that class:

Methods:

• getters for all instance variables
• setters for all instance variables except monthly payment and total payment
• calculateMonthlyPayment and calculateTotalPayments

The setters for the annual interest percentage, number of years, and loan amount invoke both “calculate…” methods before they exit

The “calculate…” methods compute the named value, then store that amount in the associated instance variable. They are private (helper) methods.

Constructors:

• a “no-arg” constructor sets the customer name to a default value, the loan date to “no date”, and all numeric variables to zero. This method invokes the “full” constructor
• a “full” constructor takes the customer name, annual interest percentage, number of years, loan amount, and loan date. It invokes the appropriate setters, but doesn’t need to invoke the “calculate” methods (why?)

Calculations:

* Note: Round all dollar amounts to 2 decimal places

Here is what you should do in main

Use this data to create five Loan objects

                Annual Interest           Loan
  Customer Name   Percentage    Years    Amount   Loan Date
  Bob Smith             6.5%       30   318,000   Sep 1, 2015
  Alicia Herman         4.2%       15   248,000   Oct 15, 2013
  Julie Franciosa       8.5%       10    30,000   Apr 14, 2010
  Julio Quiros         15.0%        3    50,000   June 23, 2017  
  Frank Larsen          8.9%        5    23,000   Mar 8, 2016

Use this algorithm:

1. Make the Loan class Serializable (don't forget to import this interface from java.io).
2. Instantiate Loan objects representing the first three loans above using the “full” constructor
3. Create an output stream and store the three objects into a binary file using the writeObject method
4. Instantiate Loan objects representing the last two loans above using the “no-arg” constructor, then use setters to update information about those loans
5. Append those objects to the output stream created above in step 2
6. Close the output stream
7. Create an input stream and read the objects from the binary file above and display in a nicely formatted columnar report

• Write your code to handle any number of loan objects (i.e., do not assume that there are 5 Loan objects in the file -- use a loop).
• Include in your report the monthly loan payment and total loan payment amounts
• Display totals for the amount of the loan amounts, monthly payments, and total loan payments.

8. Close the input stream

Note: After writing the first three Loan objects to a file (in step 2), close the output stream, then re-open the output stream before step 4 appending the last two Loan objects to the existing file

An example of the output from your program

                    Annual                    Monthly       Total 
    Customer Name   Prcnt  Yrs  Loan-Amount   Payment   Loan Payments   Loan-Date
  ----------------  -----  ---  -----------  ---------  ------------  -------------  
  Bob Smith           6.5   30   318,000.00   2,009.98    723,592.80  Sep 1, 2015
  Alicia Herman       4.2   15   248,000.00   1,859.38    334,688.40  Oct 15, 2013
  Julie Franciosa     8.5   10    30,000.00     446.35     53,562.00  Apr 14, 2010
  Julio Quiros       15.0    3    50,000.00   1,660.72     59,785.92  June 23, 2017
  Frank Larsen        8.9    5    23,000.00     476.33     28.579.80  Mar 8, 2016
                                ===========  =========  ============
                                 669,000.00   6,452.76  1,200,208.92  

Real-World Case 21.1

Kelly was a new coder who had never held an HIM job before. She had just graduated from college and passed her RHIT when she was hired by a local clinic and was so excited to start working. A few weeks later, her manager asked to meet with her. The manager closed the door and told Kelly that she wanted her to code charts for a particular procedure using two codes instead of one so the reimbursement would be higher. The manager then proceeded to divulge information that the clinic was struggling financially so anything extra would help. Kelly got the impression that if she did not comply they would let her go; and she really needed this job. Also, since it was her boss asking, she felt obligated to do as she was told.

Question: Read the Real-World Case 21.1 (at the end of Chapter 21). Summarize the case in a few words. What are the ethical issues associated with this case? Identify a few things the hospital can do to prevent the unethical behavior. Discuss Ms. Brown's potential ethical cultural shock by learning who she was and meeting family and friends who she does not remember. Think in terms of religion and cultural bias or prejudices.

1. Explain the difference between a closed-ended question, an open-ended question, and
a probing question. When would you use each?
2. Explain the difference between a top-down and bottom- up interview approach. When
would you use each approach?
3. Draw a use case diagram for the following dentist office system, but do not bother to
identify the flow of events within each use case. Whenever new patients are seen for
the first time, they complete a patient information form that asks their name,
address, phone number and brief medical history, which are stored in the patient
information file. When a patient calls to schedule a new appointment or change an
existing appointment, the receptionist checks the appointment file for an available
time. Once a good time is found for the patient, the appointment is scheduled. If the
patient is a new patient, an incomplete entry is made in the patient file; the full
information will be collected when they arrive for their appointment. Because
appointments are often made so far in advance, the receptionist usually mails a
reminder postcard to each patient two weeks before their appointment.
4. Create an activity diagram for the dentist office system in previous question.
5. Create one detail use-case description for the dentist office system in previous
question.

1. Create a struct MenuItem containing fields for name (a string) and price (a float) of a menu item for a diner. Create a ReadItem() function that takes an istream and a MenuItem (both by reference) and prompts the user for the fields of the MenuItem, loading the values into the struct's fields. Create a PrintItem() function that takes an output stream (by reference) and a MenuItem (by value) and prints the MenuItem fields to the stream in a reasonable one-line format. Create a main() that declares a MenuItem struct, calls ReadItem(), then calls PrintItem(). Test with a few different items.
2. Make another program modified to include an array of 10 MenuItem structs. Modify ReadItem() to not prompt for, but instead just read the data for a struct field-by-field, and call it once for each MenuItem. Then call PrintItem() for each struct to create a menu. Use files, opened and closed in main(), for all input and output. Create a test file with the 10 items and prices, and test with it. Send me the test file and the output file.
3. Make another program modified so that after it reads the MenuItems from the file (as per part 2), it prints a menu (on the screen) for the user, collects an order, and prints a diner check. You should not have to modify PrintItem(). Write a function that takes the array of MenuItems and an array of ints, prints the menu (number the items 1 through 10), and then loops, prompting the user to select items until they have either selected all 10 items on the menu or entered -1 to indicate they are through ordering. Don't allow the user to select an item that isn't on the menu or an item they have already selected. You may assume the user will enter at least one valid selection. Keep the user's selections in the array of integers. Return the number of entries the user made. Then print a diner check with the items the user selected and the total price of the meal. Use another function to print the check, passing the two arrays, the number of items selected, and the output stream to the function. Use the PrintItem() function to print the items, both on the check and on the menu. You may assume no tax. Print all output to the screen.

Hints:

If you use an istream & for an input stream parameter, you may pass either cin or an input file handle to a function. Similarly, if you use an ostream & for an output stream parameter, you may pass in either cout or an output file handle to the function. The only restriction is that you may only use operations that would work on cin or cout in the function. For example, you may not open() or close()inside the function.

You may use either C-strings or C++ string objects for the menu item names. Use multi-word item names like "bacon cheeseburger" not just "cheeseburger". To read a C-string containing white space characters, use

in.getline( data, MAX, '\n' );

where in is either cin or an input file handle (or a parameter of istream & type), data is an array of char at least MAX+1 in length, MAX is the maximum number of characters to read from the input stream, and '\n' is the character at which to stop reading. To read a C++ string object containing white space characters, use

getline( in, data );

where in is either cin or an input file handle (or a parameter of istream & type) and data is a C++ string object. Here, you don't have to worry about the maximum length of the string being read.

On Windows, after extracting a number, you will need to call in.ignore(); to get rid of the newline before you try another getline(). Do this inside the ReadItem() function before it returns. To number the items in the third exercise, print the number before calling PrintItem(). PrintItem() should not end the line itself. You might not need to do this on Mac or Linux systems.

This is for introduction to C++ please don't make code complex. add comments for methods.

In February 2020, Cullumber Construction signed a contract and commenced construction on a parking garage. The total contract price was $89.4 million and was expected to be completed in July 2024 at a total estimated cost of $82.1 million. Payment by the customer was to be made in several stages, based on significant events and dates throughout the construction timeline. The customer was to have control over the parking garage and was able to make major changes to the project during the construction process. Cullumber’s year-end was September 30.
By the end of September, 2020, Cullumber had incurred $20,525,000 in costs and had invoiced $10,000,000 in progress billings. $7,700,000 of the progress billings had been collected.

By September 30, 2021, Cullumber had incurred $35,190,000 in total costs and had invoiced $45,900,000 in progress billings, including the progress billings in 2020. Of the total billings, $30,700,000 in total had been collected. Also, Cullumber reviewed its cost estimates on the project, and now believed the parking garage would cost $78.2 million in total to complete.

Prepare all journal entries required for the year ended September 30, 2020. Use Materials, Cash, Payables for costs incurred to date. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Prepare all journal entries required for the year ended September 30, 2021. Use Materials, Cash, Payables for costs incurred to date. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Bramble Manufacturing Ltd. has signed a lease agreement with LPN Leasing Inc. to lease some specialized manufacturing equipment. The terms of the lease are as follows:

Click here to view the factor table PRESENT VALUE OF 1.
Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUE.

From Bramble Manufacturing’s perspective, is this a capital or operating lease?

Prepare a lease amortization schedule for this lease. (Round answers to 0 decimal places, e.g. 5,275.)

Prepare the journal entries on Bramble Manufacturing’s books on January 1, 2020.

(To record lease payment.)(To record inception of lease.)

Prepare the journal entries on LPN Leasing’s books on January 1, 2020.

(To record inception of lease
and cost of goods sold.)

(Collection of lease payment.)

Prepare the journal entries for Bramble Manufacturing on December 31, 2020.

(To record interest.)

(To record depreciation expense.)

Prepare the journal entry on LPN Leasing’s books on December 31, 2020.

(To record interest.)

Record the following transactions on the books of Hope Hospital, which follows FASB (not-for-profit) and AICPA standards. The year is 2020. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

1. Hope received $69,000 in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in 2020.
2. Hope received $113,000 in pledges that indicated the money would be received in 2021. The donors imposed no restrictions other than it could be used for any purpose desired by the board.
3. Hope expended $64,000 for nursing training, using $58,000 of donor restricted resources received in 2019 for that purpose.
4. On June 15, 2020, Hope was awarded a $75,000 grant for cancer research by the U.S. Department of Agriculture. During 2020, Hope had qualified expenses under the grant totaling $55,000. This is cost reimbursement, grant.
5. Hope received $306,000 in cash. The board decided to invest the funds for future plant expansion.

Complete the Journal entrys.

1aHope received $69,000 in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in 2020. Record the cash from the pledges made in the previous year.

1bHope received $69,000 in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in 2020. Record the reclassification of the pledges received in the previous year.

02Hope received $113,000 in pledges that indicated the money would be received in 2021. The donors imposed no restrictions other than it could be used for any purpose desired by the board.

3aRecord the expense on nursing training.

3bRecord the transfer from donor restricted resources that had been given in 2019 for the purpose of nurse training.

4aOn June 15, 2020, Hope was awarded a $75,000 grant for cancer research by the U.S. Department of Agriculture.

4bDuring 2020, Hope had qualified expenses under the grant totaling $55,000.

4cRecord the expenses reimbursed under the grant totaling $55,000.

5aRecord the receipt in cash.

5bRecord the investment of the funds for future plant expansion.

5cRecord the demarcation of net assets-unrestricted for plant expansion.

The 2020 inventory data for Garden Corporation’s patio furniture Bermuda set is presented below. Assume that Garden uses periodic inventory tracking.

When Garden examines the actual units in ending inventory, they see that 15 of the units are from 2020 beginning inventory, 20 units are from the 1/20/20 purchase, and 60 units are from the 6/15/20 purchase.  

1. What is Inventory on the 12/31/20 Balance Sheet if Garden uses Specific Identification?
   1. $223,500
   2. $221,600
   3. $29,400
   4. $27,500

2. What is Gross Profit on the 2020 Income Statement if Garden uses Weighted Average Cost?
   1. $251,000.00
   2. $221,193.75  
   3. $201,806.25   
   4. $29,806.25

3. In a period of falling prices, which of the following statements is true?
   1. FIFO produces a lower amount of net income than LIFO
   2. LIFO produces a lower cost for ending inventory than FIFO
   3. Average cost produces a higher net income than FIFO or LIFO
   4. LIFO produces a higher cost of goods sold than FIFO

4. Heavenly Rest, Inc. uses a periodic inventory system. When a warehouse supervisor counts the inventory on December 31, 2019, he accidentally counts one pile of blankets twice, resulting in 2019 ending inventory being overstated by $100,000. The warehouse supervisor counts the December 31, 2020 inventory correctly. Which of the following statements is true related to Heavenly Rest's 2019 and 2020 financial statements?
   1. 2019 Cost of Goods Sold will be understated by $100,000.
   2. 2020 Beginning Inventory will be understated by $100,000.
   3. 2020 Cost of Goods Sold will be overstated by $100,000.
   4. All of the above are true.
   5. Both a and c are true.