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 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 theta, y = sin theta, and z = theta. Calculate the line integral, along one loop of this helix, of the dot product V
In: Physics
In: Psychology
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. 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. 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 |
% |
Feedback
In: Accounting
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
In: Accounting
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