Questions
In a differential amplifier, the non-inverting input is 3 cos (600t + 45◦) mV and the...

In a differential amplifier, the non-inverting input is 3 cos (600t + 45◦) mV and the inverting input is 4cos (600t - 45◦) mV. The output is vo = 3cos (600t + 45◦) + 4.004cos (600t - 45◦) V. The CMRR is of ____ dB

In: Electrical Engineering

Q1. For the given velocity distribution in a pipe:    where v(r)=velocity at a distance r...

Q1. For the given velocity distribution in a pipe:

  


where v(r)=velocity at a distance r from the centerline of the pipe, V0=centerline velocity, and R=radius of the pipe. Find the average velocity, energy and momentum correction factors.

In: Civil Engineering

Part 1. A certain helix in three-dimensional space is described by the equations x = cos...

Part 1. A certain helix in three-dimensional space is described by the equations x = cos theta, y = sin theta, and z = theta. Calculate the line integral, along one loop of this helix, of the dot product V

In: Physics

Identify the four (4) separate plots of A Midsummer Night's Dream and discuss how they are...

  1. Identify the four (4) separate plots of A Midsummer Night's Dream and discuss how they are connected to one another. How do they all come together in Act V of the play? Cite specific lines in support of your conclusions.

In: Psychology

Fibonacci (C++) Generate 1st n fibonacci numbers: std::vector<int> v = {1, 1, 2, 3, 5, 8,...

Fibonacci (C++)

Generate 1st n fibonacci numbers:

std::vector<int> v = {1, 1, 2, 3, 5, 8, 13, 21};
auto w = fibonacci(8);

Note: NO LOOPS ALLOWED

Thanks!

In: Computer Science

Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows....

Nineteen Measures of Solvency and Profitability

The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $54 on December 31, 2016.

Blige Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 2016 and 2015
    2016     2015
Retained earnings, January 1 $3,212,400 $2,711,800
Add net income for year 710,000 555,400
Total $3,922,400 $3,267,200
Deduct dividends
On preferred stock $11,900 $11,900
On common stock 42,900 42,900
Total $54,800 $54,800
Retained earnings, December 31 $3,867,600 $3,212,400
Blige Inc.
Comparative Income Statement
For the Years Ended December 31, 2016 and 2015
    2016     2015
Sales $4,734,240 $4,355,500
Sales returns and allowances 23,550 15,310
Sales $4,710,690 $4,340,190
Cost of goods sold 1,833,030 1,686,390
Gross profit $2,877,660 $2,653,800
Selling expenses $955,370 $1,180,720
Administrative expenses 813,830 693,440
Total operating expenses 1,769,200 1,874,160
Income from operations $1,108,460 $779,640
Other income 58,340 49,760
$1,166,800 $829,400
Other expense (interest) 360,000 198,400
Income before income tax $806,800 $631,000
Income tax expense 96,800 75,600
Net income $710,000 $555,400
Blige Inc.
Comparative Balance Sheet
December 31, 2016 and 2015
    Dec. 31, 2016     Dec. 31, 2015
Assets
Current assets
Cash $878,950 $685,870
Temporary investments 1,330,300 1,136,600
Accounts receivable (net) 897,900 846,800
Inventories 671,600 511,000
Prepaid expenses 166,294 137,170
Total current assets $3,945,044 $3,317,440
Long-term investments 1,392,916 -491,121
Property, plant, and equipment (net) 5,850,000 5,265,000
Total assets $11,187,960 $8,091,319
Liabilities
Current liabilities $1,360,360 $938,919
Long-term liabilities
Mortgage note payable, 8%, due 2021 $2,020,000 $0
Bonds payable, 8%, due 2017 2,480,000 2,480,000
Total long-term liabilities $4,500,000 $2,480,000
Total liabilities $5,860,360 $3,418,919
Stockholders' Equity
Preferred $0.7 stock, $40 par $680,000 $680,000
Common stock, $10 par 780,000 780,000
Retained earnings 3,867,600 3,212,400
Total stockholders' equity $5,327,600 $4,672,400
Total liabilities and stockholders' equity $11,187,960 $8,091,319

Required:

Determine the following measures for 2016, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Use the rounded answer of the requirement for subsequent requirement, if required. Assume 365 days a year.

1. Working capital $
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days' sales in receivables days
6. Inventory turnover
7. Number of days' sales in inventory days
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities to stockholders' equity
10. Number of times interest charges are earned
11. Number of times preferred dividends are earned
12. Ratio of sales to assets
13. Rate earned on total assets %
14. Rate earned on stockholders' equity %
15. Rate earned on common stockholders' equity %
16. Earnings per share on common stock $
17. Price-earnings ratio
18. Dividends per share of common stock $
19. Dividend yield %

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In: Accounting

Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows....

Nineteen Measures of Solvency and Profitability

The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $56 on December 31, 2016.

Blige Inc.

Comparative Retained Earnings Statement

For the Years Ended December 31, 2016 and 2015

    2016

    2015

Retained earnings, January 1

$1,412,650

$1,198,150

Add net income for year

325,600

245,400

Total

$1,738,250

$1,443,550

Deduct dividends

On preferred stock

$10,500

$10,500

On common stock

20,400

20,400

Total

$30,900

$30,900

Retained earnings, December 31

$1,707,350

$1,412,650

Blige Inc.

Comparative Income Statement

For the Years Ended December 31, 2016 and 2015

    2016

    2015

Sales

$2,056,055

$1,891,600

Sales returns and allowances

10,230

6,650

Sales

$2,045,825

$1,884,950

Cost of goods sold

700,800

644,740

Gross profit

$1,345,025

$1,240,210

Selling expenses

$470,840

$574,420

Administrative expenses

401,085

337,350

Total operating expenses

871,925

911,770

Income from operations

$473,100

$328,440

Other income

24,900

20,960

$498,000

$349,400

Other expense (interest)

128,000

70,400

Income before income tax

$370,000

$279,000

Income tax expense

44,400

33,600

Net income

$325,600

$245,400

Blige Inc.

Comparative Balance Sheet

December 31, 2016 and 2015

    Dec. 31, 2016

    Dec. 31, 2015

Assets

Current assets

Cash

$377,350

$354,410

Temporary investments

571,130

587,310

Accounts receivable (net)

357,700

335,800

Inventories

262,800

204,400

Prepaid expenses

71,388

70,880

Total current assets

$1,640,368

$1,552,800

Long-term investments

739,597

362,508

Property, plant, and equipment (net)

2,080,000

1,872,000

Total assets

$4,459,965

$3,787,308

Liabilities

Current liabilities

$512,615

$854,658

Long-term liabilities

Mortgage note payable, 8%, due 2021

$720,000

$0

Bonds payable, 8%, due 2017

880,000

880,000

Total long-term liabilities

$1,600,000

$880,000

Total liabilities

$2,112,615

$1,734,658

Stockholders' Equity

Preferred $0.7 stock, $20 par

$300,000

$300,000

Common stock, $10 par

340,000

340,000

Retained earnings

1,707,350

1,412,650

Total stockholders' equity

$2,347,350

$2,052,650

Total liabilities and stockholders' equity

$4,459,965

$3,787,308

Required:

Determine the following measures for 2016, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Use the rounded answer of the requirement for subsequent requirement, if required. Assume 365 days a year.

1. Working capital

$

2. Current ratio

3. Quick ratio

4. Accounts receivable turnover

5. Number of days' sales in receivables

days

6. Inventory turnover

7. Number of days' sales in inventory

days

8. Ratio of fixed assets to long-term liabilities

9. Ratio of liabilities to stockholders' equity

10. Number of times interest charges are earned

11. Number of times preferred dividends are earned

12. Ratio of sales to assets

13. Rate earned on total assets

%

14. Rate earned on stockholders' equity

%

15. Rate earned on common stockholders' equity

%

16. Earnings per share on common stock

$

17. Price-earnings ratio

18. Dividends per share of common stock

$

19. Dividend yield

%

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In: Accounting

The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc....

The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $53 on December 31, 2016.

Blige Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 2016 and 2015
    2016     2015
Retained earnings, January 1 $2,840,700 $2,412,700
Add net income for year 624,800 494,200
Total $3,465,500 $2,906,900
Deduct dividends
On preferred stock $8,400 $8,400
On common stock 57,800 57,800
Total $66,200 $66,200
Retained earnings, December 31 $3,399,300 $2,840,700


Blige Inc.
Comparative Income Statement
For the Years Ended December 31, 2016 and 2015
    2016     2015
Sales $4,236,830 $3,897,900
Sales returns and allowances 21,080 13,700
Sales $4,215,750 $3,884,200
Cost of goods sold 1,451,240 1,335,140
Gross profit $2,764,510 $2,549,060
Selling expenses $968,550 $1,171,230
Administrative expenses 825,060 687,870
Total operating expenses 1,793,610 1,859,100
Income from operations $970,900 $689,960
Other income 51,100 44,040
$1,022,000 $734,000
Other expense (interest) 312,000 172,000
Income before income tax $710,000 $562,000
Income tax expense 85,200 67,800
Net income $624,800 $494,200


Blige Inc.
Comparative Balance Sheet
December 31, 2016 and 2015
    Dec. 31, 2016     Dec. 31, 2015
Assets
Current assets
Cash $830,490 $550,180
Temporary investments 1,256,960 911,720
Accounts receivable (net) 788,400 744,600
Inventories 584,000 452,600
Prepaid expenses 157,117 110,040
Total current assets $3,616,967 $2,769,140
Long-term investments 1,139,563 -578,139
Property, plant, and equipment (net) 5,070,000 4,563,000
Total assets $9,826,530 $6,754,001
Liabilities
Current liabilities $1,247,230 $483,301
Long-term liabilities
Mortgage note payable, 8%, due 2021 $1,750,000 $0
Bonds payable, 8%, due 2017 2,150,000 2,150,000
Total long-term liabilities $3,900,000 $2,150,000
Total liabilities $5,147,230 $2,633,301
Stockholders' Equity
Preferred $0.7 stock, $50 par $600,000 $600,000
Common stock, $10 par 680,000 680,000
Retained earnings 3,399,300 2,840,700
Total stockholders' equity $4,679,300 $4,120,700
Total liabilities and stockholders' equity $9,826,530 $6,754,001

Required:

Determine the following measures for 2016, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Use the rounded answer of the requirement for subsequent requirement, if required. Assume 365 days a year.

1. Working capital $
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days' sales in receivables days
6. Inventory turnover
7. Number of days' sales in inventory days
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities to stockholders' equity
10. Number of times interest charges are earned
11. Number of times preferred dividends are earned
12. Ratio of sales to assets
13. Rate earned on total assets %
14. Rate earned on stockholders' equity %
15. Rate earned on common stockholders' equity %
16. Earnings per share on common stock $
17. Price-earnings ratio
18. Dividends per share of common stock $
19. Dividend yield %

In: Accounting

QUESTION 11 Use this selection for the next set of questions related to Harborside, Inc., a...

QUESTION 11
Use this selection for the next set of questions related to Harborside, Inc., a marina:
Cash Net Income
A. - NE
B. - -
C. NE -
D. NE NE
E. No Transaction
.On August 1, Harborside, Inc. prepaid $5,600 of rent.


QUESTION 12
Use this selection for the next set of questions related to Harborside, Inc., a marina:
Cash Net Income
A. - NE
B. - -
C. NE -
D. NE NE
E. No Transaction

On August 28, Harborside, Inc. paid for supplies purchased on an earlier date.


QUESTION 13
Use this selection for the next set of questions related to Harborside, Inc., a marina:
Cash Net Income
A. - NE
B. - -
C. NE -
D. NE NE
E. No Transaction

On August 30, Harborside, Inc. received a bill for Blackberry service from August 2 through August 20. Harborside, Inc. will pay the bill in September.

QUESTION 14
Use this selection for the next set of questions related to Harborside, Inc., a marina:
Cash Net Income
A. - NE
B. - -
C. NE -
D. NE NE
E. No Transaction

On August 30, Harborside, Inc. paid a dividend .


QUESTION 15
Use this selection for the next set of questions related to Harborside, Inc., a marina:
Cash Net Income
A. - NE
B. - -
C. NE -
D. NE NE
E. No Transaction

On August 30, Harborside, Inc. used the rent prepaid on August 1th.


QUESTION 16
Muller Companytook out a note payable in the amount of $4,000 and it had an interest rate of 8% on August 1, 2016. The note carried an 8 month term. The amount of cash flow from operating activities on the 2016 statement of cash flows would be:
1. $320
2. $53.33
3. $240
4. $0


QUESTION 17
Raymond Company borrowed $8,000 on April 1, 2016 from the Meramec Bank. The note issued by Raymond carried a one year term and a 7% annual interest rate. Raymond earned cash revenue of $850 in 2016 and $700 in 2017. Assume no other transactions. The amount of net income on the 2017 income statement would be:
1. $140
2. $560
3. $700
4. $290


QUESTION 18
Raymond Company borrowed $8,000 on April 1, 2016 from the Meramec Bank. The note carried a one year term and a 7% annual interest rate. Raymond earned cash revenue of $850 in 2016 and $700 in 2017. Assume no other transactions. The amount of cash flow from operating activities that would appear on the 2017 statement of cash flows would be:
1. 850
2. 700
3. 140
4. 560


QUESTION 19
Mune Company recorded journal entries for the payment of $50,000 of dividends, the $32,000 increase in accounts receivable for services rendered, and the purchase of equipment for $21,000. What net effect do these entries have on owners’ equity? 1. Decrease of $71,000.
2. Decrease of $39,000.
3. Decrease of $18,000.
4. Increase of $11,000.
5. None of the aboe



QUESTION 20
Tate Company purchased equipment on November 1, 2016 and gave a 3-month, 9% note with a face value of $20,000. The December 31, 2016 adjusting entry is:
1. debit Interest Expense and credit Interest Payable, $1,800.
2. debit Interest Expense and credit Interest Payable, $450.
3. debit Interest Expense and credit Cash, $300.
4. debit Interest Expense and credit Interest Payable, $300.
5. None of the above.

In: Accounting

Forecasting with the Parsimonious Method and Estimating Share Value Using the DCF Model Following are the...

Forecasting with the Parsimonious Method and Estimating Share Value Using the DCF Model
Following are the income statement and balance sheet for Cisco Sytems for the year ended July 30, 2016.

Cisco Sytems
Consolidated Statements of Income
Years Ended December ($ millions) July 30,
2016
July 25,
2015
Revenue
Product $37,254 $37,750
Service 11,993 11,411
Total revenue 49,247 49,161
Cost of sales
Product 14,161 15,377
Service 4,126 4,103
Total cost of sales 18,287 19,480
Gross margin 30,960 29,681
Operating expenses
Research and development 6,296 6,207
Sales and marketing 9,619 9,821
General and administrative 1,814 2,040
Amortization of purchased intangible assets 303 359
Restructuring and other charges 268 484
Total operating expenses 18,300 18,911
Operating income 12,660 10,770
Interest income 1,005 769
Interest expense (676) (566)
Other income (loss), net (69) 228
Interest and other income (loss), net 260 431
Income before provision for income taxes 12,920 11,201
Provision for income taxes 2,181 2,220
Net income $10,739 $8,981
Cisco Sytems Inc.
Consolidated Balance Sheets
In millions, except par value July 30, 2016 July 25, 2015
Assets
Current assets
Cash and cash equivalents $7,631 $6,877
Investments 58,125 53,539
Accounts receivable, net of allowance for doubtful accounts of $249 at July 30, 2016 and $302 at July 25, 2015 5,847 5,344
Inventories 1,217 1,627
Financing receivables, net 4,272 4,491
Other current assets 1,627 1,490
Total current assets 78,719 73,368
Property and equipment, net 3,506 3,332
Financing receivables, net 4,158 3,858
Goodwill 26,625 24,469
Purchased intangible assets, net 2,501 2,376
Deferred tax assets 4,299 4,454
Other assets 1,844 1,516
Total assets $121,652 $113,373
Liabilities
Current liabilities
Short-term debt $4,160 $3,897
Accounts payable 1,056 1,104
Income taxes payable 517 62
Accrued compensation 2,951 3,049
Deferred revenue 10,155 9,824
Other current liabilities 6,072 5,476
Total current liabilities 24,911 23,412
Long-term debt 24,483 21,457
Income taxes payable 925 1,876
Deferred revenue 6,317 5,359
Other long-term liabilities 1,431 1,562
Total liabilities 58,067 53,666
Cisco shareholders' equity
Preferred stock, no par value: 5 shaes authorized; none issued and outstanding
-- --
Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 5,029 and 5,085 shares issued and outstanding at July 30, 2016 and July 25, 2015, respectively 44,516 43,592
Retained earnings 19,396 16,045
Accumulated other comprehensive income (loss) (326) 61
Total Cisco shareholders' equity 63,586 59,698
Noncontrolling interests (1) 9
Total equity 63,585 59,707
Total liabilities and equity $121,652 $113,373



(a) Compute net operating assets (NOA) for 2016.
NOA = $Answer



(b) Compute net operating profit after tax (NOPAT) for 2016, assuming a federal and state statutory tax rate of 37%.(Round your answer to the nearest whole number.)
2016 NOPAT = $Answer

In: Finance