n 2018, the Westgate Construction Company entered into a
contract to construct a road for Santa Clara County for
$10,000,000. The road was completed in 2020. Information related to
the contract is as follows:
| 2018 | 2019 | 2020 | |||||||
| Cost incurred during the year | $ | 2,100,000 | $ | 2,450,000 | $ | 2,695,000 | |||
| Estimated costs to complete as of year-end | 4,900,000 | 2,450,000 | 0 | ||||||
| Billings during the year | 2,200,000 | 2,350,000 | 5,450,000 | ||||||
| Cash collections during the year | 1,900,000 | 2,300,000 | 5,800,000 | ||||||
Westgate recognizes revenue over time according to the percentage
of completion.
Required:
1. Calculate the amount of revenue and gross
profit (loss) to be recognized in each of the three years.
2-a. In the journal below, complete the necessary
journal entries for the year 2018 (credit "Various accounts" for
construction costs incurred).
2-b. In the journal below, complete the necessary
journal entries for the year 2019 (credit "Various accounts" for
construction costs incurred).
2-c. In the journal below, complete the necessary
journal entries for the year 2020 (credit "Various accounts" for
construction costs incurred).
3. Complete the information required below to
prepare a partial balance sheet for 2018 and 2019 showing any items
related to the contract.
4. Calculate the amount of revenue and gross
profit (loss) to be recognized in each of the three years assuming
the following costs incurred and costs to complete
information.
| 2018 | 2019 | 2020 | |||||||
| The cost incurred during the year | $ | 2,100,000 | $ | 3,900,000 | $ | 3,300,000 | |||
| Estimated costs to complete as of year-end | 4,900,000 | 3,200,000 | 0 | ||||||
5. Calculate the amount of revenue and gross
profit (loss) to be recognized in each of the three years assuming
the following costs incurred and costs to complete
information.
| 2018 | 2019 | 2020 | |||||||
| Cost incurred during the year | $ | 2,100,000 | $ | 3,900,000 | $ | 4,200,000 | |||
| Estimated costs to complete as of year-end | 4,900,000 | 4,300,000 | 0 | ||||||
In: Accounting
The pier in Santa Monica, CA, is a popular destination for both tourists and locals. Visitors ride the Ferris wheel (F), eat ice cream (C), or just walk around on the pier (W). Write a dynamical model for the numbers of people engaged in these activities given the following assumptions. (Hint: Start by drawing a diagram of this system and labeling the stocks and flows. People entering the pier always start by just walking around. E people enter the pier each minute. Visitors leave at a constant per capita rate d. They can leave only when they are walking around. Due to fear of nausea, people do not go directly from eating ice cream to riding the Ferris wheel. Visitors prefer to go on the Ferris wheel with friends. Thus, the probability that any one individual will go on the Ferris wheel is proportional to the number of people walking around, with proportionality constant b. Riders leave the Ferris wheel at per capita rate n. When visitors leave the Ferris wheel, a fraction z of them go directly to eating ice cream. The others walk around. Visitors who are walking around prefer to avoid long lines for ice cream. Thus, the per capita rate at which they get ice cream is proportional to the inverse of the number of people already doing so, with proportionality constant m. People who are eating ice cream stop doing so at a constant per capita rate k.
In: Operations Management
Let V be a vector space, and suppose that U and W are both subspaces of V. Show that U ∩W := {v | v ∈ U and v ∈ W} is a subspace of V.
In: Advanced Math
please answer with coding from The second edition C programming language textbook
/* Changes all occurrences of t in s to u, result stored in v
*
* Example:
*
* char v[100];
* replace("hello", "el", "abc", v) => v becomes "habclo"
* replace("", "el", "abc", v) => v becomes "" (no change)
* replace("hello", "abc", "def", v) => v becomes "hello" (no change)
* replace("utilities", "ti", "def", v) => v becomes "udeflidefes"
*
*/
void replace(char *s, char *t, char *u, char *v)
{
}
In: Computer Science
If v is an eigenvector for a matrix A, can v be associated with two different eigenvalues? Prove your answer.
In: Advanced Math
If V = U ⊕ U⟂ and V = W ⊕ W⟂, and if S1: U → W and S2: U⟂ → W⟂ are isometries, then the linear operator defined for u1 ∈ U and u2 ∈ U⟂ by the formula S(u1 + u2) = S1u1 + S2u2 is a well-defined linear isometry. Prove this.
In: Advanced Math
Prove that if U, V and W are vector spaces such that U and V are isomorphic and V and W are isomorphic, then U and W are isomorphic.
In: Advanced Math
If G = (V, E) is a graph and x ∈ V , let G \ x be the graph whose vertex set is V \ {x} and whose edges are those edges of G that don’t contain x.
Show that every connected finite graph G = (V, E) with at least two vertices has at least two vertices x1, x2 ∈ V such that G \ xi is connected.
In: Advanced Math
A & J College is doing a study on their policies. After randomly gathering data from a sample of 40 graduates, they put the raw data in a table and did not now how to proceed. They are asking for your statistical expertise to summarize the data. They need you to answer the following questions. Assume this is a random sample.
|
Subject |
Years Attend |
Residential Region |
Participated in Support Service Program |
|
1 |
5 |
B |
N |
|
2 |
2 |
C |
Y |
|
3 |
6 |
B |
Y |
|
4 |
4 |
C |
Y |
|
5 |
2 |
C |
N |
|
6 |
5 |
A |
Y |
|
7 |
5 |
B |
N |
|
8 |
6 |
B |
N |
|
9 |
3 |
C |
N |
|
10 |
2 |
B |
N |
|
11 |
2 |
B |
Y |
|
12 |
2 |
B |
Y |
|
13 |
5 |
B |
Y |
|
14 |
4 |
A |
Y |
|
15 |
5 |
C |
N |
|
16 |
2 |
B |
N |
|
17 |
2 |
C |
N |
|
18 |
2 |
C |
Y |
|
19 |
5 |
A |
Y |
|
20 |
2 |
A |
Y |
|
21 |
2 |
B |
N |
|
22 |
6 |
B |
N |
|
23 |
6 |
A |
N |
|
24 |
4 |
A |
Y |
|
25 |
2 |
C |
Y |
|
26 |
4 |
B |
N |
|
27 |
4 |
A |
Y |
|
28 |
4 |
C |
N |
|
29 |
5 |
C |
Y |
|
30 |
2 |
A |
N |
|
31 |
3 |
B |
Y |
|
32 |
3 |
C |
N |
|
33 |
4 |
A |
N |
|
34 |
5 |
B |
N |
|
35 |
2 |
A |
N |
|
36 |
6 |
A |
Y |
|
37 |
3 |
A |
N |
|
38 |
3 |
B |
Y |
|
39 |
2 |
C |
N |
|
40 |
5 |
C |
Y |
In: Statistics and Probability
we list a multiple hot technologies related to distributed systems/computing. Students need to write a paragraph on ALL the below topics
What is Client Server model?
Compare and contrast centralized and distributed computing.
Explain Servers, Clients, Thread, Code Migration, Software agents for the same. What is a process? Explain the various states of a process through state transition diagram.
Explain the layered protocols. Compare and contrast the OSI and TCP/IP model. What is spontaneous networking?
Compare and contrast some of the network and distributed simulation tools.
Explain the trends in large scale distributed systems simulation tools.
In: Computer Science