Questions
Burns Corporation's net income last year was $97,400. Changes in the company's balance sheet accounts for the year appear below:

Burns Corporation's net income last year was $97,400. Changes in the company's balance sheet accounts for the year appear below:


Increases
(Decreases)
Asset and Contra-Asset Accounts:


Cash and cash equivalents$19,300
Accounts receivable$13,500
Inventory$(16,800)
Prepaid expenses$4,400
Long-term investments$10,500
Property, plant, and equipment$75,600
Accumulated depreciation$32,200
Liability and Equity Accounts:


Accounts payable$(19,600)
Accrued liabilities$16,800
Income taxes payable$4,300
Bonds payable$(61,200)
Common stock$40,800
Retained earnings$93,200

The company did not dispose of any property, plant, and equipment, sell any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend of $4,200.

Required:

a. Prepare the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.)

b. Prepare the investing activities section of the company's statement of cash flows for the year.

c. Prepare the financing activities section of the company's statement of cash flows for the year.




Operating activities:




Adjustments:































Investing Activities:








Financing Activities:










In: Accounting

Related samples t-test: Test whether semester GPA significantly changes during a semester abroad program. Use a...

Related samples t-test:

Test whether semester GPA significantly changes during a semester abroad program. Use a related (dependent) samples t-test and alpha = .05 with a nondirectional test. The data are presented below.

Answer the following questions. You can use SPSS, but if you do this problem “by hand” be sure to show your work.

  1.       What are the null & alternative hypotheses?
  2.       What are the degrees of freedom?
  3.       What is the critical value of t?
  4.       What is the observed value of t?
  5.       What is your decision about the null hypothesis/why?
  6.        If appropriate, calculate Cohen’s d and report its value.
  7.       Write the t statistic using appropriate APA style.
  8.       How would you interpret your findings?    

          Before program                             During program

                   2.94                                        3.03

                   2.22                                        1.79

                   3.12                                        3.13

                   1.99                                        2.97

                   3.43                                        3.75

                   3.08                                        3.11

                   2.81                                        2.98

                   3.72                                        3.92

                   2.18                                         2.03

                   3.60                                        3.52

In: Statistics and Probability

Name: Date: Exp 1: Observations of Chemical Changes Lab Section: Data Tables: Part 1: Chemicals Well...

Name: Date: Exp 1: Observations of Chemical Changes Lab Section: Data Tables: Part 1: Chemicals Well No. Observations of the Reaction A. NaHCO3 + HCl B. HCl + BTB C. NH3 + BTB D. HCl + blue dye E. Blue dye + NaOCl with the 1 drop of HCl F. NaOCl + KI with 1 drop of starch G. KI + Pb(NO3)2 H. NaOH + phenolphthalein I. HCl + phenolphthalein J. NaOH + AgNO3 K. AgNO3 + NH3 after exposure to bright light L. NH3 and CuSO4 Part F: Testing of Various Foods with the NaOCl + KI solution Foods Presence or Absence of Starch Part 2: Household Chemicals with Bromthymol Blue Use the empty pipet in the Auxiliary Supplies Bag to test several (at least 3) household items including household cleaning products with bromothymol blue. Rinse the pipet well before using it on the next household chemical. When finished with this experiment rinse the pipet well and return it to the Auxiliary Bag for use in future experiments. Name the items tested and record their results. Household Chemicals Well No. Observations of the Reaction Conclusion: Questions and Problems: A. Suppose a household product label says it contains sodium hydrogen carbonate (sodium bicarbonate, NaHCO3). How would you test this material for the presence of sodium bicarbonate? B. Looking at the household chemicals you tested with bromthymol blue, what can you deduce from the test results for each of the household chemicals? C. You found a sample of a solution that you think might be vinegar which is acidic. You are verifying that it is indeed vinegar and you add a few drops of phenolphthalein. The sample turns pink. What does that tell you about this sample? D. You suspect dissolved silver ions in a solution. How would you test this solution to confirm the p

In: Chemistry

As shown in the Figure below, a light string that does not stretch changes from horizontal to vertical as it passes over the edge of a table.


As shown in the Figure below, a light string that does not stretch changes from horizontal to vertical as it passes over the edge of a table. The string connects m_1, a 3.30 kg block, originally at rest on the horizontal table at a height 1.29 m above the floor, to m_2, a hanging 2 kg block originally a distance d = 0.980 m above the floor. Neither the surface of the table nor its edge exerts a force of kinetic friction. The blocks start to move from rest. The sliding block m_1 is projected horizontally after reaching the edge of the table. The hanging block m_2 stops without bouncing when it strikes the floor. Consider the two blocks plus the Earth as the system. 

image.png

 (a) Find the speed at which m_1 leaves the edge of the table. (Assume m_2 hits the ground before m_1 leaves the table.) 

 (b) Find the impact speed of m_1 on the floor. 

 (c) What is the shortest length of the string so that it does not go taut while m_1 is in flight? 

 (d) Is the energy of the system when it is released from rest equal to the energy of the system just before m_1 strikes the ground?

  Yes  No

  (e) Why or why not?

In: Physics

Adjust net income of $107,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows:

                                                   Dec. 31, Year 2                    Dec. 31, Year 1 Accounts receivable                     $14,500                              $12,300 Inventory                                       48,800                               57,400

 Accounts payable                         11,600                               10,200

Dividends payable                        23,000                               24,000

Adjust net income of $107,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

In: Accounting

IV- The following figure shows four situation of the market for normal good with changes in either the supply curve or the demand curve.

 IV- The following figure shows four situation of the market for normal good with changes in either the supply curve or the demand curve.  

image.png

 1- Which graph best illustrates the market after an increase in the income of consumers?

 2- Which graph best illustrates the market if the cost of production of the good increases?

 3- Which graph best illustrates the market if the price of substitute good increases?  



In: Economics

This’s about Phase Changes Materials (PCM) I need one or half page who have any ideas...

This’s about Phase Changes Materials (PCM)
I need one or half page who have any ideas
Q: How PCM will help a laptop operate more fluid and be more beneficial to the user?
I’m looking for good answer for this problem
Please type your answer so I can read it
Thankx

In: Mechanical Engineering

Problem 3-24B Assessing simultaneous changes in CVP relationships using the equation method Milton Company sells tennis...

Problem 3-24B Assessing simultaneous changes in CVP relationships using the equation method

Milton Company sells tennis racquets; variable costs for each are $45, and each is sold for $135. Milton incurs $540,000 of fixed operating expenses annually.

Required

Determine the sales volume in units and dollars required to attain a $270,000 profit. Verify your answer by preparing an income statement using the contribution margin format.

Milton is considering establishing a quality improvement program that will require a $15 increase in the variable cost per unit. To inform its customers of the quality improvements, the company plans to spend an additional $150,000 for advertising. Assuming that the improvement program will increase sales to a level that is 5,000 units above the amount computed in Requirement a, should Milton proceed with plans to improve product quality? Support your answer by preparing a budgeted income statement.

Determine the new break-even point and the margin of safety percentage, assuming Milton adopts the quality improvement program. Round your figures to two decimal points.

Prepare a break-even graph using the cost and price assumptions outlined in Requirement c.

In: Accounting

Prepare T account, trial balance, balance sheet and changes in owner's equity statement. Jan-1 The JW-Corp...

Prepare T account, trial balance, balance sheet and changes in owner's equity statement.

  1. Jan-1 The JW-Corp Received $120,000 from Investors in Exchange for 6,000 shares of Common Stock.
  2. Jan-2 JW-Corp Borrowed $150,000 from SCHWAB BANK and signed a Note Due in 24 months.
  3. Jan-3 JW Corp purchased Office Equipment worth $120,000 (5 year life), with a $40,000 Down payment of Cash and the remainder Due on account to Target-Corp within 9 Months.
  4. Jan-4 JW Corp purchased an Office Building for $420,000 (25 year life), by making a Down payment of $60,000 and then signed a Note for the remainder Due in 18 Months to CHASE Bank.
  5. Jan-5 JW Corp paid $15,000 with a check for Office Rent for the next 3 months.
  6. Jan-10 JW Corp paid $4,000 with a check for Business Insurance for this month.
  7. Jan-11 JW Corp provided CPA Services to the Gavilan Corp worth $138,000 and Collected $58,000 Cash and Billed them the remainder on Account.
  8. Jan-15 JW-Corp received This Month’s Utility Bill from PGE for $2,000 to be paid Later.
  9. Jan-16 JW-Corp received This Month’s Telephone Bill from Skype for $800 to be paid Later.
  10. Jan-17 JW-Corp received a $10,000 check from Gavilan Corp on Account.
  11. Jan-20 JW-Corp received a BILL for $12,000 for Legal Fees used this month to be Paid Later.
  12. Jan-23 JW-Corp paid $11,000 with Checks for this Months Salaries expenses.
  13. Jan-24 JW-Corp Received a $13,000 check from Gavilan Corp on Account.
  14. Jan-25 JW-Corp received a $27,000 check from Garlic-Corp for Services to be Provided Later.
  15. Jan-26 JW-Corp Paid Target $33,000 with a Check towards the Equipment from Transaction #3.
  16. Jan-27 JW Corp Wrote a Check to Skype for the Full Amount Due on account for the Telephone Bill from #9.
  17. Jan-28 JW Corp Paid $4.20 Cents per Share to the Owners of the Business with Checks.
  18. Jan-29 JW-Corp paid $9,000 with a Check on the Note Payable from Transaction #2, $2,800 was for Interest Expense, and the remainder reduced the Note Payable.
  19. Jan-31 JW-Corp recorded one Month of RENT Expense from the Prepaid Account.
  20. Jan-31 JW-Corp recorded one Month of Depreciation Expense on The Office Equipment Using the Straight Line Depreciation Method.
  21. Jan-31 The JW Corp recorded one Month of Depreciation Expense on the Office Building using the Straight Line Depreciation Method.
  22. Jan-31 the JW-Corp Recorded the Income Tax Payable for the Month, which is 40% of Net Income.(Type or paste question here

In: Accounting

Multiple-Product Analysis, Changes in Sales Mix, Sales to Earn Target Operating Income Basu Company produces two...

Multiple-Product Analysis, Changes in Sales Mix, Sales to Earn Target Operating Income

Basu Company produces two types of sleds for playing in the snow: basic sled and aerosled. The projected income for the coming year, segmented by product line, follows:

Basic Sled Aerosled Total
Sales $3,000,000 $2,400,000 $5,400,000
Total variable cost 1,000,000 1,000,000 2,000,000
Contribution margin $2,000,000 $1,400,000 $3,400,000
Direct fixed cost 778,000 650,000 1,428,000
Product margin $1,222,000 $750,000 $1,972,000
Common fixed cost 198,900
Operating income $1,773,100

The selling prices are $30 for the basic sled and $60 for the aerosled. (Round break-even packages and break-even units to the nearest whole unit.)

Required:

1. Compute the number of units of each product that must be sold for Basu to break even.

Basic ____ (in units)
Aero ____ (in units)

2. Assume that the marketing manager changes the sales mix of the two products so that the ratio is five basic sleds to three aerosleds. Compute the number of units of each product that must be sold for Basu to break even. Round your answers to the nearest whole number.

Basic ____ (in units)
Aero ____ (in units)

3. Conceptual Connection: Refer to the original data. Suppose that Basu can increase the sales of aerosleds with increased advertising. The extra advertising would cost an additional $195,000, and some of the potential purchasers of basic sleds would switch to aerosleds. In total, sales of aerosleds would increase by 12,000 units, and sales of basic sleds would decrease by 5,000 units. Would Basu be better off with this strategy? If so, give the amount of increase in income.
___ $

In: Accounting