Questions
Ajax had 5,000 shares of 8% PV=100 preferred stock If the stock is cumulative and the...

Ajax had 5,000 shares of 8% PV=100 preferred stock

If the stock is cumulative and the company did not have any money

in 2019 but could pay 95000 in 2020 How much would the common

stockholders get in 2020?

1.95000

2.40000

3.15000

In: Accounting

on April 5, 2019 janeen camoct took out an 10.5% loan for $32,000 the loan is...

on April 5, 2019 janeen camoct took out an 10.5% loan for $32,000 the loan is due March 9, 2020. use ordinary interest to calculate interest.

what total amount will janeen pay on March 9, 2020? (ignore leap year)

In: Accounting

Amy Dyken, controller at Sheridan Pharmaceutical Industries, a public company, is currently preparing the calculation for...

Amy Dyken, controller at Sheridan Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share and the related disclosure for Sheridan’s financial statements. Below is selected financial information for the fiscal year ended June 30, 2020. Sheridan Pharmaceutical Industries Selected Balance Sheet Information June 30, 2020 Long-term debt Notes payable, 10% $1,010,000 9% convertible bonds payable 5,090,000 10% bonds payable 6,060,000 Total long-term debt $12,160,000 Shareholders’ equity Preferred stock, 6% cumulative, $50 par value, 93,000 shares authorized, 23,250 shares issued and outstanding $1,162,500 Common stock, $1 par, 9,900,000 shares authorized, 990,000 shares issued and outstanding 990,000 Additional paid-in capital 3,930,000 Retained earnings 6,020,000 Total shareholders’ equity $12,102,500 The following transactions have also occurred at Sheridan. 1. Options were granted on July 1, 2019, to purchase 190,000 shares at $16 per share. Although no options were exercised during fiscal year 2020, the average price per common share during fiscal year 2020 was $20 per share. 2. Each bond was issued at face value. The 9% convertible bonds will convert into common stock at 50 shares per $1,000 bond. The bonds are exercisable after 5 years and were issued in fiscal year 2019. 3. The preferred stock was issued in 2019. 4. There are no preferred dividends in arrears; however, preferred dividends were not declared in fiscal year 2020. 5. The 990,000 shares of common stock were outstanding for the entire 2020 fiscal year. 6. Net income for fiscal year 2020 was $1,520,000, and the average income tax rate is 20%. For the fiscal year ended June 30, 2020, calculate the following for Sheridan Pharmaceutical Industries. (Round answers to 2 decimal places, e.g. $2.45.) (a) Basic earnings per share. Basic earnings per share $ 1.46 (b) Diluted earnings per share. Diluted earnings per share $ Amy Dyken, controller at Sheridan Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share and the related disclosure for Sheridan’s financial statements. Below is selected financial information for the fiscal year ended June 30, 2020. Sheridan Pharmaceutical Industries Selected Balance Sheet Information June 30, 2020 Long-term debt Notes payable, 10% $1,010,000 9% convertible bonds payable 5,090,000 10% bonds payable 6,060,000 Total long-term debt $12,160,000 Shareholders’ equity Preferred stock, 6% cumulative, $50 par value, 93,000 shares authorized, 23,250 shares issued and outstanding $1,162,500 Common stock, $1 par, 9,900,000 shares authorized, 990,000 shares issued and outstanding 990,000 Additional paid-in capital 3,930,000 Retained earnings 6,020,000 Total shareholders’ equity $12,102,500 The following transactions have also occurred at Sheridan. 1. Options were granted on July 1, 2019, to purchase 190,000 shares at $16 per share. Although no options were exercised during fiscal year 2020, the average price per common share during fiscal year 2020 was $20 per share. 2. Each bond was issued at face value. The 9% convertible bonds will convert into common stock at 50 shares per $1,000 bond. The bonds are exercisable after 5 years and were issued in fiscal year 2019. 3. The preferred stock was issued in 2019. 4. There are no preferred dividends in arrears; however, preferred dividends were not declared in fiscal year 2020. 5. The 990,000 shares of common stock were outstanding for the entire 2020 fiscal year. 6. Net income for fiscal year 2020 was $1,520,000, and the average income tax rate is 20%. For the fiscal year ended June 30, 2020, calculate the following for Sheridan Pharmaceutical Industries. (Round answers to 2 decimal places, e.g. $2.45.) (a) Basic earnings per share. Basic earnings per share $ 1.46 (b) Diluted earnings per share. Diluted earnings per share $

In: Accounting

(8 pts.) PBS (Sept. 6, 2010) cited a report (Organisation for Economic Co-operation and Development) examining...

  1. (8 pts.) PBS (Sept. 6, 2010) cited a report (Organisation for Economic Co-operation and Development) examining both the speed and cost of the Internet. PBS reported the following: "Japan has the fastest average connection speed at 61 megabits per second and the lowest monthly connection price (per mbps) at $0.27. The United States ranked 15th with an average connection of 4.8 mbps and monthly price (per mbps) of $3.33." Below are the updated data for 2012 (adapted slightly for this assignment). The first column is the cost mbps and the second column includes the cost inclusive of the line charges.

                                         Cost MBPS    Total Cost/Month

Mexico

1.69

58.98

Greece

1.25

16.72

Turkey

1.12

48.98

Chile

0.96

19.28

Israel

0.77

11.78

New Zealand

0.65

130.20

Italy

0.64

6.93

Ireland

0.61

47.17

Belgium

0.59

28.93

Austria

0.56

5.05

United States

0.53

41.70

Luxembourg

0.52

10.56

Switzerland

0.47

58.06

Portugal

0.46

6.27

Norway

0.46

18.02

Poland

0.45

127.12

Iceland

0.42

6.75

Germany

0.40

23.25

Czech Republic

0.40

12.35

United Kingdom

0.39

2.12

Canada

0.39

9.86

Denmark

0.36

1.79

Australia

0.34

6.81

Hungary

0.30

26.67

France

0.23

5.10

Korea

0.22

2.07

Finland

0.22

15.99

Sweden

0.11

18.63

Netherlands

0.08

4.52

Japan

0.04

21.34

Find the mean, median, and mode for the data for the cost MBPS.

          Mean =                            Median =                            Mode = ___________                   

Find the range, standard deviation, and variance for these data.

          Range =                               S =                                S2 =  ____________         

Find the mean, median, and mode for these data for the total monthly cost inclusive of the line charges.

           Mean =                            Median =                            Mode = ___________                   

  

Find the range, standard deviation, and variance for these data.

           Range =                               S =                                S2 =  ____________         

Write a short email describing the results of this study to a friend. Remember to convey the results of the study particularly in relation to variability. What does this study tell you about Internet costs around the globe?

  1. (5 pts.) Iron levels for a sample of adult women on a vegan diet are recorded below (normal iron levels: women 40-150; men 50-175 mcg/dL).

65

           115

146

           117

95

           108

           132

           127

             86

             48

85

           117

126

           117

             98

           118

           111

           123

             85

             43

   Find the mean, median, and mode for the data.

        Mean =                             Median =                          Mode =  ___________                 

Find the range, standard deviation, and variance for the data.

         Range =                                 S =                               S2 =  ___________                   

You have a friend who has just decided to become a vegan. What would you tell your friend?

  1. (2 pts.) Find the area between the following z-scores.

   Answer                  : z = 0 and z = 1.45

   Answer                  : z = 0 and z = 1.67

   Answer                  : z = -.96 and z = 0

   Answer                  : z = -1.92 and z = 0

  1. (2 pts.) Find the area between the following z-scores

   Answer                 : z = -1.4 and z = .8

   Answer                 : z = -2.8 and z = 1.73

   Answer                 : z = -1.6 and z = -.35

   Answer                : z = 1.3 and z = 1.92

  1. (3 pts.) Students completed an exam with a mean = 50 and a standard deviation of 8. Using this information, answer each of the questions below.

   Answer                 : Clem received a score of 56 on the test. What percentage of students scored less than Clem?

   Answer                 : Ewald received a score of 40 on the test. What percentage of students scored higher than Ewald?

   Answer                 : Roscoe received a score of 45 on the test. What percentage of students scored higher than Roscoe?

   Answer                 : Myrtle received a score of 47 on the test. Buford received a score of 54 on the test. What percentage of student scored between Myrtle and Buford?

In: Statistics and Probability

Monty Corp. had the following long-term receivable account balances at December 31, 2019. Notes receivable $2,000,000...

Monty Corp. had the following long-term receivable account balances at December 31, 2019.

Notes receivable $2,000,000
Notes receivable - Employees 350,000


Transactions during 2020 and other information relating to Monty' long-term receivables were as follows:

1. The $2,000,000 note receivable is dated May 1, 2019, bears interest at 9%, and represents the balance of the consideration received from the sale of Monty's electronics division to Sandhill Company. Principal payments of $666,667 plus appropriate interest are due on May 1, 2020, 2021, and 2022. The first principal and interest payment was made on May 1, 2020. Collection of the note instalments is reasonably assured.
2. The $350,000 note receivable is dated December 31, 2019, bears interest at 9%, and is due on December 31, 2022. The note is due from Marcia Cumby, president of Monty Corp., and is secured by 10,000 Monty common shares. Interest is payable annually on December 31, and the interest payment was made on December 31, 2020. The quoted market price of Monty's common shares was $50 per share on December 31, 2020.
3. On April 1, 2020, Monty sold a patent to Carla Vista Company in exchange for a $200,000 non–interest-bearing note due on April 1, 2022. There was no established exchange price for the patent, and the note had no ready market. The prevailing rate of interest for a note of this type at April 1, 2020, was 10%. The present value of $1 for two periods at 10% is 0.82645 (use this factor). The patent had a carrying amount of $43,000 at January 1, 2020, and the amortization for the year ended December 31, 2020 would have been $7,000. The collection of the note receivable from Carla Vista is reasonably assured.
4. On July 1, 2020, Monty sold a parcel of land to Teal Mountain Inc. for $220,000 under an instalment sale contract. Teal Mountain made a $54,000 cash down payment on July 1, 2020, and signed a four-year, 11% note for the $166,000 balance. The equal annual payments of principal and interest on the note will be $53,506, payable on July 1, 2021, through July 1, 2024. The land could have been sold at an established cash price of $210,000. Monty had paid $140,000 for the land when it purchased it. Collection of the instalments on the note is reasonably assured.
5. On August 1, 2020, Monty agreed to allow its customer, Saini Inc., to substitute a six-month note for accounts receivable of $210,000 it owed. The note bears interest at 6% and principal and interest are due on the note’s maturity date.


Click here to view the factor table PRESENT VALUE OF 1.
Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1.

The tables in this problem are to be used as a reference for this problem. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

Partially correct answer iconYour answer is partially correct.

Describe the relevant cash flows in terms of amount and timing.

Cash inflows from notes
2020 2021 2022 2023 2024
1. 9% Note receivable
Principal $ $ $ $ $
Interest
2. 9% Note receivable
Principal
Interest
3. Non-interest-bearing note receivable
Payment
4. Instalment contract receivable
Down payment
Payment
5. 6% Note receivable
Principal
Interest
Total $ $ $ $ $

Determine the amount of interest income that should be reported in 2020. (Round answers to 0 decimal places, e.g. 8,971.)

Note Receivable $
Note Receivable—Employees $
Zero-interest-bearing Note—Patent $
Instalment Contract—Sale of Land $
Note Receivable - Saini $
Total Interest Income reported in 2020 $

Determine the portion of the note and any interest that should be reported in current assets at December 31, 2020. (Round answers to 0 decimal places, e.g. 9,871. Do not leave any answer field blank. Enter 0 for amounts.)

Current portion of 9% notes receivable $
Current portion of 8% notes receivable $
Non-interest-bearing note receivable $
Current portion of instalment contract $
Note receivable from customer $
Total current notes and interest $

Prepare the long-term receivables section of Monty statement of financial position at December 31, 2020. (Round answers to 0 decimal places, e.g. 8,971.)

Monty Corp.
Long-Term Receivables Section of Statement of Financial Positon
December 31, 2020
9% note receivable from sale of division $
9% note receivable from employees
Zero-interest-bearing note from sale of patent
Instalment contract receivable
Total long-term receivables $

Prepare a schedule showing the current portion of the long-term receivables and accrued interest receivable that would appear in Monty's statement of financial position at December 31, 2020. (Round answers to 0 decimal places, e.g. 8,971.)

Monty Corp.
Selected Statement of Financial Positon Balances
December 31, 2020
Note receivable from customer $
Current portion of long-term receivables:
Note receivable from sale of division $
Instalment contract receivable
     Total current portion of long-term receivables $
Accrued interest receivable:
Note receivable from sale of division $
Instalment contract receivable
Note receivable from customer
     Total accrued interest receivable $

In: Accounting

For each state below, spell out plausible responses for a TFTP receiver upon receipt of a...

For each state below, spell out plausible responses for a TFTP receiver upon receipt of a Data[N] packet. Your answers may depend on N and the packet size. Indicate the events that cause a transition from one state to the next. The TFTP states were proposed in 16.4.2   TFTP States.

(a). UNLATCHED

(b). ESTABLISHED

(c). DALLYING

Example: upon receipt of an ERROR packet, TFTP would in all three states exit.

In: Computer Science

2. 2D Density of States (~Kasap 4.9) Kasap Section 4.5 (in 4th Ed.) derives an expression...

2. 2D Density of States (~Kasap 4.9)

Kasap Section 4.5 (in 4th Ed.) derives an expression for the density of states for electrons in a 3D infinite potential well (3D Sommerfeld box). This derivation is similar to the one we did in class.

a. Following the approaches used in the 3D derivations, consider an electron confined to a 2D infinite potential well and derive an expression for the 2D density of states, g2D, which is the number of states per unit area per unit energy with energy E between E and E+dE.

(Hint: you might start by solving the 2D Schrödinger Eqn. to determine the allowed k-space values, which you could then plot and use to guide your derivation.)

In: Physics

The University of Arkansas recently approved out of state tuition discounts for high school students from...

The University of Arkansas recently approved out of state tuition discounts for high school students from any state. The students must qualify by meeting certain standards in terms of GPA and standardized test scores. The goal of this new policy is to increase the geographic diversity of students from states beyond Arkansas and its border states. Historically, 90% of all new students came from Arkansas or a bordering state. Ginger, a student at the U of A, sampled 180 new students the following year and found that 157 of the new students came from Arkansas or a bordering state. Does Ginger’s study provide enough evidence to indicate that this new policy is effective with a level of significance 10%? What would be the correct decision?

Reject H0; conclude that the new policy does not increase the percentage of students from states that don’t border Arkansas

Fail to reject H0; conclude that the new policy increases the percentage of students from states that don’t border Arkansas

Reject H0; conclude that the new policy increases the percentage of students from states that don’t border Arkansas

Fail to reject H0; conclude that the new policy does not increase the percentage of students from states that don’t border Arkansas

In: Math

It’s not unusual for one company to buy another company in order to obtain technology that...

It’s not unusual for one company to buy another company in order to obtain technology that the acquired company has developed or is in the process of developing.

Required:

Explain the accounting treatment of purchased technology.

In: Accounting

Question: Identify 3 specific nursing interventions that are relevant for a patient with community acquired pneumonia...

Question: Identify 3 specific nursing interventions that are relevant for a patient with community acquired pneumonia and state how and when the intervention is implemented, why the intervention is implemented and expected outcomes of the intervention.

In: Nursing