The net income reported on the income statement for the current year was $1061000. Depreciation recorded on plant assets was $200000. Accounts receivable and inventories increased by $56000 and $37000, respectively. Prepaid expenses and accounts payable decreased by $5000 and $51000, respectively. How much cash was provided by operating activities?

1122000

1171000

$1400000.

1078000

A company with a fiscal year ending on December 31 borrowed money with an installment loan of $500,000 on January 1, 2017. The loan agreement requires the company to make five equal annual payments that will fully amortize the loan in exactly five years. The first payment on the loan was made December 31, 2017 and the annual interest rate associated with the loan was 8 percent. The impact of this loan (including both the original proceeds and the annual payment) on cash flows from financing reflected in the 2017 Statement of Cash Flows would be: Multiple Choice $500,000 inflow from financing activities. $414,772 inflow from financing activities. $374,772 inflow from financing activities.

Kristi is considering an investment that will pay $7,500 a year for eight years, starting one year from today. How much should she pay for this investment if she wishes to earn a 6% rate of return? Provide complete calculations in your answer

Kristi was offered three (3) different assets, as listed below:

•  Asset 1 pays annual interest rate of 9% compounding annually.

•  Asset 2 pays annual interest rate of 8.9% compounding semi-annually.

•  Asset 3 pays interest rate 8.95 compounding monthly.

Based on effective annual interest rate calculations, which of the above assets is the best choice for Kristi. Show your calculations for all three (3) assets.

The mean number of sick days an employee takes per year is believed to be about 10. Members of a personnel department do not believe this figure. They randomly survey 8 employees. The number of sick days they took for the past year are as follows: 11; 6; 13; 3; 11; 9; 8; 10. Let X = the number of sick days they took for the past year. Should the personnel team believe that the mean number is about 10? Conduct a hypothesis test at the 5% level.

Note: If you are using a Student's t-distribution for the problem, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.)

Part (e)What is the test statistic? (If using the z distribution round your answers to two decimal places, and if using the t distribution round your answers to three decimal places.)

Part (i) Construct a 95% confidence interval for the true mean. Sketch the graph of the situation. Label the point estimate and the lower and upper bounds of the confidence interval. (Round your answers to three decimal places.)

If during the first year of the new administration, American students organize a boycott of clothing produced in foreign ‘sweat shops’ and Immigration of workers suitable for employment in the clothing market slows. Explain the long-term effects each will have on both wages and employment levels in the domestic clothing labor market?

A 49-year-old patient with rheumatoid arthritis comes into the clinic with a chief complaint of a fever. Patient’s current medications include atorvastatin 40 mg at night, methotrexate 10 mg po every Friday morning and prednisone 5 mg po qam. He states that he has had a fever up to 101 degrees F for about a week and admits to chills and sweats. He says he has had more fatigue than usual and reports some chest pain associated with coughing. He admits to having occasional episodes of hemoptysis. He works as a grain inspector at a large farm cooperative. After extensive work-up, the patient was diagnosed with Invasive aspergillosis. Be sure that you are addressing the following points within the body of your paper: Evaluate cellular processes and alterations within cellular processes Analyze alterations in the immune system that result in disease processes Identify racial/ethnic variables that may impact physiological functioning Evaluate the impact of patient characteristics on disorders and altered physiology?

1.Following are costs incurred in the past year involved with the opening of a new branch in a company. Use the following information to calculate the total amount that was debited to the land account.

The information below was extracted from the books of Battle Field Ltd for the year ended December 31, 2019. Battle Field Ltd. Condensed Income Statement For the Year Ended December 31, 2019 Sardines GHS Tuna Flakes GHS Oatmeal GHS Total GHS Sales 500,000 400,000 100,000 1,000,000 Costs of goods sold: Variable costs Fixed costs 220,000 120,000 200,000 80,000 60,000 20,000 480,000 220,000 Total cost of goods sold 340,000 280,000 80,000 700,000 Gross profit 160,000 120,000 20,000 300,000 Operating expenses: Variable expenses Fixed expenses 95,000 25,000 60,000 20,000 25,000 6,000 180,000 51,000 Total operating expenses 120,000 80,000 31,000 231,000 Income (loss) from operations 40,000 40,000 (11,000) 69,000 Management is contemplating on whether or not to discontinue Oatmeal. Required: a. Advise management whether or not to discontinue Oatmeal and support your answer with calculations depicting the contribution derived from Oatmeal and the effect of discontinuing oatmeal on overall profits of battle field Limited. b. Most Management decisions are affected by the nature, purpose and behavior of costs. You have been tasked by the management of battlefield Limited to educate the staff of its Accounts department on the effects of the various classifications of costs on their decisions. Prepare your notes for this presentation. (Total 18 marks

The Dorset Corporation produces and sells a single product. The following data refer to the year just completed:

Assume that direct labor is a variable cost.

Required:

a. Compute the unit product cost under both the absorption costing and variable costing approaches.

b. Prepare an income statement for the year using absorption costing.

c. Prepare an income statement for the year using variable costing.

d. Reconcile the absorption costing and variable costing net operating income figures in (b) and (c) above.

The ThalenTrust has the receipts and expenditures listed below for the current year. Assume the Uniform Act governs an​ item's classification as principal or income. The​ trustee's fee is charged​ one-half to principal and​ one-half to income.

Requirement

What is the​ trust's net accounting income and the maximum amount it can​ distribute? Assume the trust instrument precludes distributing principal currently.