In the given circuit an inductor of L = 8.95-mH and a resistor of R = 17.9-Ω resistor are connected in series with a dc battery of E = 8.80-V.

What is the voltage across the resistor immediately after the switch is closed?

What is the voltage across the resistor after the switch has been closed for a long time?

What is the current in the inductor after the switch has been closed for a long time?

On January 1, 2018, a machine was purchased for $122,500. The machine has an estimated salvage value of $7,300 and an estimated useful life of 5 years. The machine can operate for 120,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 24,000 hrs; 2019, 30,000 hrs; 2020, 18,000 hrs; 2021, 36,000 hrs; and 2022, 12,000 hrs.

Compute the annual depreciation charges over the machine’s life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)

eTextbook and Media

Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset’s life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)

On January 1, 2018, a machine was purchased for $102,500. The machine has an estimated salvage value of $7,580 and an estimated useful life of 5 years. The machine can operate for 113,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 22,600 hrs; 2019, 28,250 hrs; 2020, 16,950 hrs; 2021, 33,900 hrs; and 2022, 11,300 hrs.

Compute the annual depreciation charges over the machine’s life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)

eTextbook and Media

Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset’s life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)

Consider a startup that has developed an innovative solution based on new technology that it is the basis for a new venture that it has launched. Suppose the startup is quickly acquired by an industry incumbent not long after launching the venture. What type of innovation does the new venture most likely have under Clayton Christensen's theory of disruptive innovation? Explain.

After reviewing the data in the 2010 and 2016 “Status and Trends in the Education of Racial and Ethnic Groups” reports, describe one trend about these racial/ethnic groups that stood out to you. Explain if this trend surprises you or not. Compare and contrast the trend data in the “Student Behaviors” section of the reports: What data categories were similar? Which categories were different or additional between the reports? How can this data be used to alleviate social problems in this population?

A country's census lists the population of the country as 246 million in 1990, 268 million in 2000, and 286 million in 2010. Fit a second-degree polynomial passing through these three points. (Let the year 2000 be x = 0 and let p(x) represent the population in millions.) p(x) = million

Use this polynomial to predict the population in 2020 and in 2030.

2020 million

2030 million

Lester Company processes a raw material called Wizon until the splitoff point were it becomes products X, Y, and Z. Product X is sold at the splitoff point with no further processing. Products Y and Z require further processing to finish them before they can be sold. The following is a summary of costs and other related data for the year ending December 31, 2020.

Joint costs before the splitoff point $240,000

Separable Joint costs after splitoff to complete “Y” $132,000

Separable costs after splitoff to complete “Z” $228,000

product X Y Z

Litres processed 60,000 60,000 120,000

Selling price per litre $1.50 $3.20 $3.15

There were no inventories on hand January 1, 2020, and there was no Wizon on hand on December 31, 2020. All units of X, Y, and Z on hand at year end were complete as to processing.

REQUIRED:

1. Allocate the total joint costs to products X, Y, and Z using the net realizable value method.

2. Calculate the full cost of producing one unit of each of X, Y, and Z

.3. For each product (X, Y, and Z) calculate the dollar value of the cost of goods sold for 2020 and the ending inventory dollar value at December 31, 2020. Assume that 40,000 units of X, 60,000 units of Y, and 90,000 units of Z were sold during 2020.

True or False

The trial balance, after adjusting entries, reflects $7,750 cash, $6,375 Accounts Receivable, $11,250 Office Equipment, $3,750 Dividends, $8,000 Salaries Expense, $1,625 Advertising Expense, $2,125 Depreciation, $3,000 Accumulated Depreciation, $3,875 Accounts payable, $11,250 Capital Stock, $0 Retained Earnings, $22,750 Fees Earned. Income Summary, before it is closed, will have a balance of $7,250.