write a program named Combinations.java that gets user input for two integers n and k, then computes and displays the value of n choose k using the efficient method of equation. you may assume that the user's input makes sense (i.e, n and k are non negative, and n is at least k). your code should work for any reasonably small non- negative values of n and k, including zero.
In: Computer Science
given a group assignment and you have a non
collaborative team member who wants to share in the credit;
1. what do you say to a non collaborative team member
?
2. what do you say to your superior?
3. when do you talk to them?
4. how do you do it without been 'bad mouth' as much as you hold on
to your value of honesty?
In: Operations Management
You are the new controller for Moonlight Bay Resorts. The company CFO has asked you to determine the company’s interest expense for the year ended December 31, 2018. Your accounting group provided you the following information on the company's debt: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Required:
Calculate interest expense for the year ended December 31,
2018.
In: Finance
The balance sheet accounts listed below are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year.
| Item | 2017 | 2018 |
| Accounts payable | 550 | 230 |
| Accounts receivable | 510 | ? |
| Accruals | 1,000 | 1,100 |
| Cash | 300 | 550 |
| Common Stock | 2,000 | 2,250 |
| Cost of goods sold | 4,000 | 4,600 |
| Depreciation expense | 200 | 350 |
| Interest expense | 170 | 190 |
| Inventory | 3,000 | 3,250 |
| Long term debt | 1,500 | 1,650 |
| Net fixed assets | 2,700 | 2,500 |
| Notes payable | 750 | 580 |
| Operating expense | 300 | 430 |
| Retained earnings | ? | 840 |
| Sales | 5,000 | 6,000 |
| Taxes | 120 | 140 |
1. If dividends paid in 2018 were $160, the 2017 Retained earnings balance was $__________?
A. 710 B. 725 C. 740 D. 770 E. 800
2. The firm's return on equity (ROE) for 2018 is _____% ?
A. 9.93 B. 15.36 C. 11.74 D. 12.52 E. 7.25
3. The cash flow from operating activities in 2018 was $_______?
A. 430 B. 350 C. 405 D. 330 E. 300
4. The company spent $___ on new fixed assets in 2018.
A. 5 B. 25 C.50 D.150 E. 250
In: Finance
A wholesale business with December 31 year-end purchased new equipment on November 25, 2018, for 40,000. Before 2018, the business owned no other equipment.
Required:
1. Complete the table below to show the tax consequences. If the business sells the equipment in 2020 for (a)$15000 (b) $23000 (c) $46000.
2018 purchase:
2018 CCA:
2018 UCC:
2019 CCA:
2019 UCC:
SITUATION A:
Less: Disposal Proceeds:
Interim UCC:
Terminal Loss/ Recapture:
Ending UCC:
Situation B
Less: Disposal Proceeds:
Interim UCC:
Terminal Loss/ Recapture
Ending UCC:
Situation C
Less: Disposal proceeds:
Interim UCC balance
Terminal Loss/ Recapture
Ending UCC:
Capital Gain:
Taxable Capital Gain:
2) How would your answer change if on December 31, 2020. the business acquired new equipment costing $1000? ( Enter minus sign when the amount is reducing the CCA
SITUATION A:
Less: Disposal Proceeds:
Interim UCC:
Terminal Loss/ Recapture:
Ending UCC:
Situation B
Less: Disposal Proceeds:
Interim UCC:
Terminal Loss/ Recapture
Ending UCC:
Situation C
Less: Disposal proceeds:
Interim UCC balance
Terminal Loss/ Recapture
Ending UCC:
Capital Gain:
Taxable Capital Gain:
In: Accounting
The following selected transactions relate to investment activities of Ornamental Insulation Corporation during 2018. The company buys equity securities as investments. None of Ornamental's investments are large enough the exert significant influence on the investee. Ornamental's fiscal year ends on December 31. No investments were held by Ornamental on December 31, 2017.
Mar 31 - Acquired Distribution Transformers Corporation common stock for $400,000.
Sep 1 - Acquired $900,000 of American Instruments' common stock.
Sep 30 - Received a $16,000 dividend in the Distribution Transformers common stock.
Oct 2 - Sold the Distribution Transformers common stock for $425,000.
Nov 1 - Purchased $1,400,000 of M&D Corporation common stock.
Dec 31 - Recorded any necessary adjusting entry(s) relating to investments. The market prices of the investments are: American Intruments common stock - $850,000; M&D Corporation common stock - $1,460,000
Required:
1. Prepare the appropriate journal entry for each transaction or event during 2018, as well as any adjusting entries necessary at year end.
2. Indicate any amounts that Ornamental Insulation would report in its 2018 income statement, 2018 statement of comprehensive income, and 12/31/2018 balance sheet as a result of these investments.
In: Accounting
On December 31, 2017, Berclair Inc. had 520 million shares of common stock and 3 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $850 million. The income tax rate is 40%.
Also outstanding at December 31 were incentive stock options
granted to key executives on September 13, 2013. The options are
exercisable as of September 13, 2017, for 30 million common shares
at an exercise price of $56 per share. During 2018, the market
price of the common shares averaged $70 per share.
In 2014, $62.5 million of 8% bonds, convertible into 6 million
common shares, were issued at face value.
Required:
Compute Berclair’s basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
|
In: Accounting
Winx Company began operations at the beginning of 2018.
The following information is available for this company:
• Pretax financial income for 2018 is $300,000.
• Differences between the 2018 income statement and tax return include:
- Depreciation on property, plant and equipment for financial reporting purposes was $20,000 lower than for tax purposes.
- Gross profit on construction contracts using the percentage-of-completion method equaled $82,000 in the company’s books. Gross profit on construction contracts for tax purposes was $67,000.
- Warranty expense accrued for financial reporting purposes was $39,000. Warranty deductions per the tax return amounted to $34,000.
- Revenue received in advance was recorded at $150,000 for tax purposes. Only $120,000 was earned for financial reporting purposes.
- A $7,000 fine paid for violation of pollution laws was deducted in computing pretax financial income.
- Interest revenue recognized on an investment in tax-exempt municipal bonds amounted to $11,000.
• The applicable tax rate is 20%.
• Taxable income is expected for the next few years.
Instructions:
a) For each of the differences above, calculate the dollar amount of the difference and identify if it is a temporary difference or permanent difference.
b) Compute taxable income for 2018.
c) Compute the deferred tax assets and liabilities at December 31, 2018 that relate to the temporary differences described above.
In: Accounting
A climate study compared temperature differences in 1948 vs. 2018. Scientists sampled 197 locations from the National Oceanic and Atmospheric Administration’s (NOAA) historical data, where the data was available for both years of interest. The scientists wanted to know: were there more days with temperatures exceeding 90°F in 2018 or in 1948? For each of the 197 locations, they calculated the difference in number of days exceeding 90°F (number of days in 2018 – number of days in 1948). The average of these differences was 2.9 days with a standard deviation of 17.2 days.
Is there a relationship between the observations collected in 1948 and 2018? Or are the observations in the two groups independent? Explain.
Write research and null hypotheses for this study in symbols and words. HINT: make sure to read the problem carefully.
Find the critical value. Use α = .05.
Calculate the test statistic.
Make your decision about H0 and write a sentence to interpret the result of the test.
What type of error might you have made in this statistical test? Use the context of the problem to explain what this error would mean.
Based on the results of this hypothesis test, would you expect a 95% confidence interval for the average difference between the number of days exceeding 90°F in 1948 and 2018 to include 0? Explain your reasoning.
In: Statistics and Probability
Ben Figgie acquired a passive partnership activity in January of 2013. His at-risk basis at the beginning of 2017 was $65,000. Ben Figgie also owns a rental property that generated income of $15,000 in 2017and $12,000 in 2018. Ben Figgie’s share of income and loss from the partnership activity is:
2017 <$95,000>
2018 55,000
Complete the following tables.
AT RISK RULES ONLY FOR 2017
Deductible under at-risk provisions ____________________
Adjusted basis at 12/31/17 ____________________
Suspended under at-risk provisions ____________________
FOR 2018
Deductible under at-risk provisions ____________________
Adjusted basis at 12/31/18 ____________________
Suspended under at-risk provisions ____________________
PASSIVE RULES ONLY FOR 2017
Deductible under passive loss provisions ____________________
Suspended under passive loss provisions ____________________
FOR 2018
Deductible under passive loss provisions ____________________
Suspended under passive loss provisions ____________________
BONUS (apply both at risk and passive rules)
FOR 2017
Deductible under at-risk provisions ____________________
Adjusted basis at 12/31/17 ____________________
Suspended under at-risk provisions ____________________
Deductible under passive loss provisions ____________________
Suspended under passive loss provisions ____________________
FOR 2018
Deductible under at-risk provisions ____________________
Adjusted basis at 12/31/18 ____________________
Suspended under at-risk provisions ____________________
Deductible under passive loss provisions ____________________
Suspended under passive loss provisions ____________________
In: Accounting