Questions
he Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following...

he Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event:

  Dinner (per person) $12
  Favors and program (per person) $7
  Band $900
  Rental of ballroom $2,200
Professional entertainment during intermission $2,700
  Tickets and advertising $700
The committee members would like to charge $45 per person for the evening’s activities.
Required:
1.

Compute the break-even point for the dinner-dance (in terms of the number of persons who must attend).

        

2.

Assume that last year only 250 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? (Round your answer to 2 decimal places.)

     

In: Accounting

At 8% compounded annually, how long will it take $750 to double?1PT At what rate must...

  1. At 8% compounded annually, how long will it take $750 to double?1PT

  1. At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years? 1PT
  1. A friend plans to buy a big-screen TV/entertainment system and can afford to set aside $1,320 toward the purchase today. If your friend can earn 5.0%, compounded yearly, how much can your friend spend in four years on the purchase?1PT
  1. You just purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment, how much will you sell the land for in 10 years?1PT
  1. If you place $50 in a savings account with an interest rate of 7% compounded annually, what will the investment be worth at the end of five years?1PT

In: Finance

Income:                                         &n

Income:                                                                                                                                                                      Monthly Take Home Pay               $3300

Monthly Expenses:

Rent                                                    $900

Utilities                                              $250

Groceries                                           $200

Entertainment                                  $150

Car Insurance                                   $75

Cellular                                              $45

Gas                                                     $150

Clothing                                             $100

Savings                                               $400

Retirement Contribution               $200

Student Loan Payment                  $455

Car Payment                                     $375

Your budget must include the following elements:

  1. A minimum of one formula (3 formulas)
  2. Accounting number format for all dollar values
  3. Row or column headings for your budget items
  4. Row/column height/width should be adjusted to enhance readability
  5. A minimum of one function ( 3 functions)
  6. A minimum of one chart should be created based on any item(s) in your budget (2 charts)

All in excel.

In: Accounting

QUE 1a// Briefly explain the four factors for establishing a relationship with retailers (i) choosing retailing...

QUE 1a// Briefly explain the four factors for establishing a relationship with retailers (i) choosing retailing partners (ii) identifying types of retailers (iii) developing a retail strategy (iv) managing an ominchannel strategy .

   1b)How does marketers develpos a retail strategy using the 4ps (i) product (ii) price (iii) promotion (iv) place

   1c) Explain the following of benefits of stores for consumers. (i)browsing (ii) touching and feeling products (iii) personal service (iv) cash and credit payment (v) Entertainment and social experience (v) immediate gratification (v) risk reduction

   1d) Explain the following effective ominichannel retailing (i) integrated relationship management (ii) brand image (iii) pricing (iv) supply chain .

In: Operations Management

B. Discussion Thread: "Digital Rights Management" Some people argue that digital rights management violates the public’s...

B. Discussion Thread: "Digital Rights Management"

Some people argue that digital rights management violates the public’s right to fair uses. Should people or companies that create intellectual property have the right to offer it for sale (or license) in a form protected by their choice of digital rights management technology (assuming the restrictions are clear to potential customers)? Should people have a legal right to develop, sell, buy and use devices and software to remove digital rights management restrictions for fair uses?

Companies selling music or movies can include digital rights management tools that cause files to self-destruct after a specified amount of time. Give some advantages and disadvantages of this practice. Do you think it is ethical for entertainment businesses to sell content with such a limitation? Why or why not?

In: Computer Science

The revenue equation​ (in hundreds of millions of​ dollars) for barley production in a certain country...

The revenue equation​ (in hundreds of millions of​ dollars) for barley production in a certain country is approximated by R(x)=0.0628x^2+1.435x+2.1958 where x is in hundreds of millions of bushels. Find the​marginal-revenue equation and use it to find the marginal revenue for the production of the given number of bushels.

A) The marginal revenue is R'(x)=.........? ​(Round to four decimal places as​ needed.)

B) Find the marginal revenue for the production of 200,000,000 bushels. The marginal revenue is ................. hundred million dollars. ​(Type an integer or decimal rounded to two decimal places as​ needed.)

C) Find the marginal revenue for the production of 450,000,000 bushels. The marginal revenue is ................. hundred million dollars. (Type an integer or decimal rounded to two decimal places as​ needed.)

In: Statistics and Probability

A restaurant collects cash from customers for gift certificates. Assuming that 100% of the gift certificates...

A restaurant collects cash from customers for gift certificates. Assuming that 100% of the gift certificates are redeemed, the restaurant records the collection of the cash and the delivery of food to customers who redeem their gift certificates as follows (ignore inventory and COGS):

Select one:

a. Collection: increase cash and increase deferred revenue; and redemption: decrease deferred revenue and increase equity (revenue)

b. None of the listed answers

c. Collection: increase cash and increase deferred revenue; and redemption: decrease deferred revenue and decrease equity (revenue)

d. Collection: increase cash and decrease equity (revenue); and redemption: nothing is recorded

e. Collection: increase cash and increase equity (revenue); and redemption: nothing is recorded

In: Accounting

Accounting for income tax The accounting profit before tax for the year ended 30 June 2017...

Accounting for income tax
The accounting profit before tax for the year ended 30 June 2017 for Aldee Ltd amounted to $235,000. It included the following income and expense items:
$
Royalties (exempt income) 15,000 CR
Interest revenue 16,000 CR
Annual leave expense    9,000 DR
Doubtful debts expense 3,800 DR
Depreciation - plant (15% per year, straight-line) 47,250 DR
Depreciation - motor vehicles (20% per year, straight-line) 20,000 DR
Insurance expense 14,000 DR
Rent expense 42,000 DR
Warranty expense 5,600 DR
Entertainment expense (not tax deductible)     4,000 DR
The draft statement of financial position at 30 June 2017 contained the following assets and liabilities:
$
$
Assets:
Cash 46,000 22,500
Trade receivables 88,000 45,800
Less Allowance for doubtful debts (4,000) (2,200)
Inventory 57,100 54,300
Interest receivable 2,000 1,000
Prepaid insurance 4,000 1,000
Plant - cost 315,000 315,000
Less Accumulated depreciation (113,250) (66,000)
Motor vehicles - cost 100,000 100,000
Less Accumulated depreciation (70,000) (50,000)
Deferred tax asset ? 17,190
Liabilities:
Trade payables 66,200 43,600
Provision for annual leave 15,600 11,000
Provision for warranties 14,200 11,600
Bank loan 130,000 150,000
Deferred tax liability ? 7,200

Additional information:

  • The tax depreciation rate for plant is 20% per year, and motor vehicles is 15% per year, using the straight-line method.
  • Tax deductions for annual leave, warranties, insurance are available when the amounts are paid, and not as amounts are accrued.
  • Tax deductions are not available for doubtful debts. Tax deductions are only available when bad debts are written off.
  • Amounts received from sales, including those on credit terms, are taxed at the time the sale is made.
  • Interest revenue is only taxable when amounts are actually received, and not as amounts are accrued.
  • The deferred tax asset (DTA) balance at 30 June 2016 comprised:

- DTA’s relating to temporary differences: $11,190
-   DTA’s relating to carried forward tax losses: $6,000

  • Taxation legislation allows tax losses to be offset against future taxable profit.
  • The tax rate is 30%.

Required:

i)   Determine the balance of any current tax liability and deferred tax assets and liabilities as at 30 June 2017, in accordance with AASB 112. Use appropriate worksheets and show all necessary workings.

ii) Prepare the journal entries to record the current tax liability and movements in deferred tax assets and deferred tax liabilities.

In: Accounting

Use PYTHON --Nested Lists and DateTime Module. Write a program that does the following: Reads information...

Use PYTHON --Nested Lists and DateTime Module.

Write a program that does the following:

  • Reads information from a text file into a list of sublists.
    • Be sure to ask the user to enter the file name and end the program if the file doesn’t exist.
    • Text file format will be as shown, where each item is separated by a comma and a space:
      ID, firstName, lastName, birthDate, hireDate, salary
  • Store the information into a list of sublists called empRoster.
    EmpRoster will be a list of sublists, where each sublist contains the information for one employee.
    The birthDate and hireDate in file are strings, but should be stored as objects of type Date.
    Example of EmpRoster list with 2 employees but can be more:
    [   [111,”Joe”, “Jones”, “09-01-1980”,”10-19-1999”, 95000],     \
          [222, “Sam”, “Smith”, “07-10-1956”,, “01-01-2000”, 50000]    ]
  • Print a report that shows the following:
                                                         Employee Roster
    ID   First Name,       Last Name,       Birth Date,        Age,     Hire Date, YrsWorked, Salary,
  • WRITE the following information out to a text file – ask the user what the text file should be named!
    • Employees over 60 years old
    • Employees with salaries above 50000
    • Employees that have worked for the company more than 20 years
  • Example input file:
    111, Joe, Jones, 09-01-1980, 10-19-1999, 95000
    222, Sam, Smith, 07-10-1956, 01-01-2000, 50000
    333, Rick, Robins, 08-01-1960, 08-20-1998, 100000
  • Example report for the sample data:

                                                Employee Roster

ID         First Name        Last Name        Birth Date         Age      Hire Date          Yrs Worked       Salary

111      Joe                   Jones                Sep 1, 1980       39        Oct 19, 1999     21                   95000

222      Sam                  Smith               Jul 10, 1956      63        Jan 1, 2000       20                      50000

333      Rick                  Robins              Aug 1, 1960      59        Aug 20, 1998    22                   100000

  • Example output file:

Employees over 60 years old:
Sam Smith

Employees with salaries above 50000:
Joe Jones

Rick Robins

Employees that have worked for the company more than 20 years

Joe Jones
Rick Robins

In: Computer Science

This is a python file Reads information from a text file into a list of sublists....

This is a python file

  • Reads information from a text file into a list of sublists.
    • Be sure to ask the user to enter the file name and end the program if the file doesn’t exist.
    • Text file format will be as shown, where each item is separated by a comma and a space:
      ID, firstName, lastName, birthDate, hireDate, salary
  • Store the information into a list of sublists called empRoster.
    EmpRoster will be a list of sublists, where each sublist contains the information for one employee.
    The birthDate and hireDate in file are strings, but should be stored as objects of type Date.
    Example of EmpRoster list with 2 employees:
    [   [111,”Joe”, “Jones”, “09-01-1980”,”10-19-1999”, 95000],     \
          [222, “Sam”, “Smith”, “07-10-1956”,, “01-01-2000”, 50000]    ]
  • Print a report that shows the following:
                                                         Employee Roster
    ID    First Name          Last Name           Birth Date           Age        Hire Date YrsWorked        Salary
  • WRITE the following information out to a text file – ask the user what the text file should be named!
    • Employees over 60 years old
    • Employees with salaries above 50000
    • Employees that have worked for the company more than 20 years
  • Example input file:
    111, Joe, Jones, 09-01-1980, 10-19-1999, 95000
    222, Sam, Smith, 07-10-1956, 01-01-2000, 50000
    333, Rick, Robins, 08-01-1960, 08-20-1998, 100000
  • Example report for the sample data:

                                                            Employee Roster

ID           First Name          Last Name           Birth Date           Age        Hire Date             Yrs Worked               Salary

111        Joe                        Jones                    Sep 1, 1980         39           Oct 19, 1999       21                         95000

222        Sam                      Smith                    Jul 10, 1956        63           Jan 1, 2000         20                         50000

333        Rick                       Robins                  Aug 1, 1960        59           Aug 20, 1998      22                         100000

  • Example output file:

Employees over 60 years old:
Sam Smith

Employees with salaries above 50000:
Joe Jones

Rick Robins

Employees that have worked for the company more than 20 years

Joe Jones
Rick Robins

In: Computer Science