Questions
In a laboratory experiment, students synthesized a new compound and found that when 11.77 grams of...

In a laboratory experiment, students synthesized a new compound and found that when 11.77 grams of the compound were dissolved to make 253.3 mL of a benzene solution, the osmotic pressure generated was 3.94 atm at 298 K. The compound was also found to be nonvolatile and a non-electrolyte.  


What is the molecular weight they determined for this compound?

In: Chemistry

the following data were acquired in an experiment like ours where the initial amount of hydrogen...

the following data were acquired in an experiment like ours where the initial amount of hydrogen peroxide is 0.0035 moles. Find the rate constant.

Moles of Oxygen Time
0.0000753 0.008
0.0003466 1.839
0.0007398 4.150
0.0010596 7.423

0.0000753 0.008 0.0003466 1.839 0.0007398 4.150 0.0010596 7.423

In: Chemistry

In a series of experiments, the U.S. Navy developed an undersea habitat. In one experiment, the...

In a series of experiments, the U.S. Navy developed an undersea habitat. In one experiment, the mole percent composition of the atmosphere in the undersea habitat was 79.0% He, 17.0% N2, and 4.00% O2. What will the partial pressure of each gas be when the habitat is at a depth below sea level where the pressure is 5.41 atm?

In: Chemistry

1. Based on the experiment conducted in the laboratory setting, give examples of flow over weir...

1. Based on the experiment conducted in the laboratory setting, give examples of flow over
weir in real-world application.
2. Describe the measurements of discharge at weirs and its potential errors associated with
indirect methods weir in real-world application setting.
3. Discuss one of the calibration of weirs method.

In: Civil Engineering

Please answer those questions. Those are about the magnetic force experiment. Q1. Discuss how the Helmholtz...

Please answer those questions. Those are about the magnetic force experiment.

Q1. Discuss how the Helmholtz coils creates a magnetic field and what direction it is (You will have to assume a direction of current for this part).
Q2. Discuss how the magnetic torque is created on the 100 turn coil and what it does.

In: Physics

1) Why are quantum dots generally created for biological use having a core-shell design? 2) Design...

1) Why are quantum dots generally created for biological use having a core-shell design?

2) Design a probe and experiment where you could monitor the endogenous in vivo activity of a particular protease that cleaves the peptide sequence DEVD. Assume this protease is present at extremely low levels in the body.

In: Biology

A 32.70-g sample of a solid is placed in a flask. Toluene, in which the solid...

A 32.70-g sample of a solid is placed in a flask. Toluene, in which the solid is insoluble, is added to the flask so that the total volume of solid and liquid together is 49.00 mL . The solid and toluene together weigh 58.54 g . The density of toluene at the temperature of the experiment is 0.864 g/mL. What is the density of the solid?

In: Chemistry

Brandlin Company of Anaheim, California, sells parts to a foreign customer on December 1, 2015, with...

Brandlin Company of Anaheim, California, sells parts to a foreign customer on December 1, 2015, with payment of 29,000 korunas to be received on March 1, 2016. Brandlin enters into a forward contract on December 1, 2015, to sell 29,000 korunas on March 1, 2016. Relevant exchange rates for the koruna on various dates are as follows:

  Date Spot Rate Forward Rate
(to March 1, 2016)
  December 1, 2015 $ 4.00     $ 4.075       
  December 31, 2015 4.10     4.200       
  March 1, 2016 4.25     N/A       

Brandlin’s incremental borrowing rate is 12 percent. The present value factor for two months at an annual interest rate of 12 percent (1 percent per month) is 0.9803. Brandlin must close its books and prepare financial statements at December 31.

a-1

Assuming that Brandlin designates the forward contract as a cash flow hedge of a foreign currency receivable and recognizes any premium or discount using the straight-line method, prepare journal entries for these transactions in U.S. dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to 2 decimal places.)

a-2.

What is the impact on 2015 net income? (Do not round intermediate calculations.)

a-3.

What is the impact on 2016 net income? (Do not round intermediate calculations.)

a-4.

What is the impact on net income over the two accounting periods? (Do not round intermediate calculations.)

b-1.

Assuming that Brandlin designates the forward contract as a fair value hedge of a foreign currency receivable, prepare journal entries for these transactions in U.S. dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to 2 decimal places.)

b-2.

What is the impact on 2015 net income? (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

b-3.

What is the impact on 2016 net income? (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

b-4.

What is the impact on net income over the two accounting periods? (Do not round intermediate calculations.)


This is how the question is in the textbook. The forward rate in March isn't needed to solve this.  

In: Finance

Back in Boston, Steve has been busy creating and managing his new company, Teton Mountaineering (TM),...

Back in Boston, Steve has been busy creating and managing his new company, Teton Mountaineering (TM), which is based out of a small town in Wyoming. In the process of doing so, TM has acquired various types of assets. Below is a list of assets acquired during 2016: Exhibit 10-8 (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round intermediate calculations and final answer to the nearest whole dollar amount.)

Asset Cost Date Placed in Service Office furniture $ 10,000 02/03/2016

Machinery 560,000 07/22/2016

Used delivery truck* 15,000 08/17/2016

* Not considered a luxury automobile, thus not subject to the luxury automobile limitations. During 2016, TM had huge success (and had no §179 limitations) and Steve acquired more assets the next year to increase its production capacity.

These are the assets acquired during 2017: Date Placed Asset Cost in

Service Computers & info. system $ 40,000 03/31/2017

Luxury auto† 80,000 05/26/2017

Assembly equipment 475,000 08/15/2017

Storage building 400,000 11/13/2017

†Used 100% for business purposes.

TM generated taxable income in 2017 of $732,500 for purposes of computing the §179 expense.

a. Compute the maximum 2016 depreciation deductions including §179 expense (ignoring bonus depreciation).

b. Compute the maximum 2017 depreciation deductions including §179 expense (ignoring bonus depreciation).

c. Compute the maximum 2017 depreciation deductions including §179 expense, but now assume that Steve would like to take bonus depreciation on the 2017 assets.

d. Ignoring part c, now assume that during 2017, Steve decides to buy a competitor’s assets for a purchase price of $350,000.

Compute the maximum 2017 cost recovery including §179 expense (ignoring bonus depreciation). Steve purchased the following assets for the lump-sum purchase price. Date Placed Asset Cost in Service Inventory $ 20,000 09/15/2017

Office furniture 30,000 09/15/2017

Machinery 50,000 09/15/2017

Patent 98,000 09/15/2017

Goodwill 2,000 09/15/2017

Building 130,000 09/15/2017

Land 20,000 09/15/2017

In: Accounting

Oz Company was started when it issued bonds with a $170,000 face value on January 1,...

Oz Company was started when it issued bonds with a $170,000 face value on January 1, 2016. The bonds were issued for cash at 99. Oz uses the straight-line method of amortization. They had a 20-year term to maturity and an 5 percent annual interest rate. Interest was payable on December 31 of each year. Oz Company immediately purchased land with the proceeds (cash received) from the bond issue. Oz leased the land for $10,625 cash per year. On January 1, 2019, the company sold the land for $169,300 cash. Immediately after the sale of the land, Oz redeemed the bonds at 100. Assume that no other accounting events occurred during 2019.


Required

Prepare an income statement, statement of changes in equity, balance sheet, and statement of cash flows for the 2016, 2017, 2018, and 2019 accounting periods. Assume that the company closes its books on December 31 of each year. Prepare the statements using a vertical statements format. (Hint: Record each year’s transactions in T-accounts prior to preparing the financial statements.) (Amounts to be deducted should be indicated with minus sign.)

OZ COMPANY

Income Statements

For the Year Ended December 31

2016

2017

2018

2019

Lease revenue

$10,625

$10,625

$10,625

$0

Interest expense

Operating income

$10,625

$10,625

$10,625

Non-Operating income/expense

Loss on bond redemption

Gain on sale of land

Net income(loss)

$10,625

$10,625

$10,625

$0

OZ COMPANY

Statement of Changes in Stockholders’ Equity

For the Year Ended December 31

2016

2017

2018

2019

Common stock

Net income(loss)

Total stockholders’ equity

OZ COMPANY

Balance Sheets

As of December 31

2016

2017

2018

2019

Assets

Total Assets

Liabilities

Total Liabilities

Stockholders’ equity

Total liabilities and stockholders’ equity

OZ COMPANY

Statements of Cash Flows

For the Year Ended December 31

2016

2017

2018

2019

Cash flows from operating activities:

Net cash flow from operating activities:

Cash flow from investing activities:

Net cash flow from investing activities

Cash flow from financing acttivities

Net cash flow from financing activities

Net change in cash

Ending cash balance

In: Accounting