Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,900. The machine's useful life is estimated at 10 years, or 389,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,900 units of product.

1.Determine the machine’s second-year depreciation using the double-declining-balance method

2，Determine the machine’s second-year depreciation and year end book value under the straight-line method.

3.Determine the machine’s second-year depreciation using the units-of-production method.

An asset was purchased for $118,000 on January 1, Year 1, and originally estimated to have a useful life of 8 years with a residual value of $10,500. At the beginning of the third year, it was determined that the remaining useful life of the asset was only 4 years with a residual value of $2,600. Calculate the third-year depreciation expense using the revised amounts and straight-line method. Round your answer to the nearest dollar.

$22,631

$23,131

$22,131

$21,131

Elegant Constructions is a construction company which was established in the year 2020. Ms. Adeela is the founder of the company. The company is involved in the construction of excellent quality buildings which had aesthetic elevations and appearance. Elegant Constructions Company became popular in Rustaq region in the Sultanate of Oman. Like all other companies, this new company also should get their financial statements audited. The financial statements and all other operations of the company was checked and verified by Ms. Zeenat, the head of Marketing Department who is very knowledgeable and has more 15 years of experience. The shareholders of the company and the audit committee decided to appoint Smart Audit Services as the auditors for the company.
Answer the following questions:

Identify the type of assurance engagement between Elegant Constructions and Smart Audit Services and Justify by explaining.   

‘Auditing and assurance are parts of the same process of verifying the information on the company’s accounting records for accuracy and compliance with the accounting standards and principles’- Explain.

C. Differentiate the audit services of Ms. Zeenat, the head of Marketing Department and Smart Audit Services, the auditors of the company.   

Percocet is given to an 89- year old female, weighing 98 lbs. with a history of end-stage renal disease, hypertension, and arthritis is admitted for pain management following a fall. Identify the variables which might influence absorption of the po medication. What else would the nurse want to know

. PPG is expected to earn $4 per share in one year. The market demand for the new product is expected to be high so PPG decides to retain 60% of its earnings in year 1, 2, and 3. The reinvestments are expected to generate 10% return. Starting from year 4, PPG will maintain an 60% dividend payout rate because the investment return is expected to decline to 5% due to increased competition from similar products. (round to two decimal places for all the answers)

a. What is the earnings growth rate for year 1 to 2, year 2 to 3, and year 3 to 4?

b. What is the long term growth rate after year 4?

c. Calculate the earnings per share for year 1, 2, 3, 4, and 5.

d. Calculate the dividend per share for year 1, 2, 3, 4, and 5.

e. If the cost of equity capital is 4%, find the current share price.

f. PPG manager decides to try alternative valuation method based on multiples from the industry peers. The average forward P/E ratio (i.e., price divided by earnings in the coming year) of the same industry is 30. What is should be the per share price of PPG based on the P/E ratio?

Explain the purpose of accounting for:

(i) the expense accrued at year end

(ii) the income received in advance at year end

If a company's prior year had a Return on Investment at -4 percent, assets to equity ratio of 2, with a Net profit margin of -1.5 percent, how would you use the dupont system to find the asset turnover ratio? Separately explain how this ratio impacts the company's Return on Investment for the year.

Write a C++ program that inputs the world's population at the end of last year. Assume population is growing at a rate of 1.12%.

Output the year (starting with this year) and the population until the population is greater than 10billion.

Test data: 6.83 billion. (leave like this rather than 6800000000).

Name as a comment and printed to output. Output as a comment at the bottom of the code

SAT scores: Assume that in a given year the mean mathematics SAT score was 495, and the standard deviation was 111.
A sample of 61 scores is chosen. Use the TI-84 Plus calculator.

Part 1 of 5
(a) What is the probability that the sample mean score is less than 484? Round the answer to at least four
decimal places.
The probability that the sample mean score is less than 484 is?

Part 2 of 5
(b) What is the probability that the sample mean score is between 460 and 500? Round the answer to at least
four decimal places.
The probability that the sample mean score is between 460 and 500 is?

Part 3 of 5
(c) Find the 10th percentile of the sample mean. Round the answer to at least two decimal places.
The 10th percentile of the sample mean is?

Part 4 of 5
(d) Would it be unusual if the the sample mean were greater than 520? Round answer to at least four decimal places.
It (would/wouldnt) be unusual if the the sample mean were greater than 520, since the probability is?

Part 5 of 5
(e) Do you think it would be unusual for an individual to get a score greater than 520? Explain. Assume the
variable is normally distributed. Round the answer to at least four decimal places.
(yes/no) because the probabilities that an individual gets a score higher then 520 is?

Franktown Motors is expected to have an EBIT of $687,400 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $48,000, $7,000, and $42,000, respectively. All cash flow items are expected to grow at 6 percent per year for four years. After Year 5, the CFA* is expected to grow at 2.1 percent indefinitely. The company currently has $3.2 million in debt and 250,000 shares outstanding. The company's WACC is 9.9 percent and the tax rate is 21 percent. What is the price per share of the company's stock? Do not use excel.