Use the St. Louis Federal Reserve (FRED) database to find the following:
1. Find U.S. Real Gross Domestic Product per capita. Submit URL
2. Using a time frame for the year (Q4 2018), select the same time frame a year earlier (Q4 2017), FY 18.
3. Compute the change in real GDP per capita for the year in question. That is equal to: (real GDP per capita in 2018 - real GDP per capita in 2017)/(real GDP per capita in 2017).
4. Repeat the same computations for 2015 to 2016, FY 16; and 2016 to 2017, FY 17.
In: Economics
Can you please explain to me what is happening in the line
Update PRODUCT 11QER/31, P_QTYOH from 47 to 46
like why 47 to 46 and no other number?
in the code
Lock INVOICE
Insert row 10983 into INVOICE
Unlock INVOICE
Lock LINE
Insert row 10983, 1 into LINE
Unlock LINE
Lock PRODUCT
Update PRODUCT 11QER/31, P_QTYOH from 47 to 46
Unlock PRODUCT
Lock CUSTOMER
Update CUSTOMER 10010, CUS_BALANCE from 345.67 TO 464.47
Update CUSTOMER 10010, CUS_DATELSTPUR from 11-May-2016 to 03-June-2016
Unlock CUSTOMER
In: Operations Management
Analyze the following ratios.
What does the NET PROFIT MARGIN RATIO tell about this company? Are the trends getting better or worse? Why or why not? Would you recommend purchase of this stock? Why or why not? Please explain your answers.
|
Net Profit |
2016 |
2017 |
2018 |
|
Margin Ratio |
10.91 |
8.97 |
8.71 |
What does the RETURN ON TOTAL ASSETS RATIO tell about this company? Are the trends getting better or worse? Why or why not? Would you recommend purchase of this stock? Why or why not? Please explain your answers.
|
Return Total |
2016 |
2017 |
2018 |
|
Assets Ratio |
6.75% |
5.10% |
5.06% |
In: Finance
On January 1, 2014, Fishbone Corporation sold equipment to Lost Company that cost $250,000 and that had accumulated depreciation of $100,000 on the date of sale. Fishbone received as consideration a non-interest-bearing note requiring payments of $80,000 annually for 3 years. The first note payment is to be made on January 1, 2014. The prevailing rate of interest for a note of this type on January 1, 2014, was 5%.
Record the 1/1/14 transaction for Fishbone Corporation and all necessary entries from 2014-2016.
Record the 1/1/14 transaction for Lost Company and all necessary entries from 204-2016.
In: Accounting
During 2018, WMC Corporation discovered that its ending
inventories reported on its financial statements were misstated by
the following amounts:
| 2016 | understated by | $ | 132,000 | |
| 2017 | overstated by | 174,000 | ||
WMC uses the periodic inventory system and the FIFO cost
method.
Required:
1-a. Determine the effect of 2016 errors on
retained earnings at January 1, 2018, before any adjustments.
(Ignore income taxes.)
1-b. Determine the effect of 2017 errors on
retained earnings at January 1, 2018, before any adjustments.
(Ignore income taxes.)
2. Prepare a journal entry to correct the error
made in 2017.
In: Accounting
For this assignment, you will select a current research paper (published since 2016) to review. You may select any research paper that is related to Data Science or Big Data Analytics. I strongly recommend that you start your search at Google Scholar (scholar.google.com). Once you enter your search term(s), select the "Since 2016" link on the left. Feel free to choose ANY relevant paper. (I would recommend that you select one that you can read and summarize in a reasonable amount of time. Don't select a 100 page paper!)
Need 200 words review on that paper
In: Computer Science
|
WILDHORSE COMPANY |
||||
|---|---|---|---|---|
|
Assets |
2017 |
2016 |
||
|
Cash |
$ 70,000 |
$ 68,000 |
||
|
Debt investments (short-term) |
51,000 |
40,000 |
||
|
Accounts receivable |
109,000 |
91,000 |
||
|
Inventory |
231,000 |
167,000 |
||
|
Prepaid expenses |
27,000 |
26,000 |
||
|
Land |
134,000 |
134,000 |
||
|
Building and equipment (net) |
264,000 |
186,000 |
||
|
Total assets |
$ 886,000 |
$ 712,000 |
||
|
Liabilities and Stockholders’ Equity |
||||
|
Notes payable |
$ 171,000 |
$ 109,000 |
||
|
Accounts payable |
67,000 |
53,000 |
||
|
Accrued liabilities |
41,000 |
41,000 |
||
|
Bonds payable, due 2017 |
250,000 |
170,000 |
||
|
Common stock, $10 par |
206,000 |
206,000 |
||
|
Retained earnings |
151,000 |
133,000 |
||
|
Total liabilities and stockholders’ equity |
$ 886,000 |
$ 712,000 |
||
|
WILDHORSE COMPANY |
||||
|---|---|---|---|---|
|
2017 |
2016 |
|||
|
Sales revenue |
$ 899,000 |
$ 798,000 |
||
|
Cost of goods sold |
650,000 |
575,000 |
||
|
Gross profit |
249,000 |
223,000 |
||
|
Operating expenses |
192,000 |
168,000 |
||
|
Net income |
$ 57,000 |
$ 55,000 |
||
Additional information:
| 1. | Inventory at the beginning of 2016 was $ 117,000. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2. | Accounts receivable (net) at the beginning of 2016 were $ 90,000. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 3. | Total assets at the beginning of 2016 were $ 634,000. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4. | No common stock transactions occurred during 2016 or 2017. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 5. |
All sales were on account. Given below are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2017, and (2) as of December 31, 2018, after giving effect to the situation. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%. If % change is a decrease show the numbers as negative, e.g. -1.83% or (1.83%).)
2017 2018 % Change
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting
MERMED Inc. is a medical device manufacturer.
The company’s headquarters is located in Houston, Texas. It is a
global leader in developing, manufacturing, selling and servicing
diagnostic imaging and therapeutic medical devices used to diagnose
and treat cardiovascular and other diseases. MERMED earned $300
million of revenue in 2015, while employing more than 10,000 people
worldwide. One of it’s manufacturing plants is located in Dingle,
Co. Kerry, Ireland. Tom Jones is the plant manager at the Dingle
facility.
The Dingle site runs 12 hour shifts, 7 days a week. It has 1000
employees. It manufactures a variety of of medical devices
(including Class III devices). A number of it's products are sold
in the US and European markets. The facility has a Quality
Management System in place. Their Quality Management System is in
compliance with ISO 13485:2016 and 21 CFR 820. Their facility is
frequently audited by Notified Bodies and the FDA.
The site was recently audited by corporate. The corporate auditing team were checking the site's compliance with ISO 13485:2016 and 21 CFR 820. The auditors found a number of potential non-conformances to ISO 13485:2016 and 21 CFR 820.
You must complete 4 tasks (for each of the 5 incidents/questions):
1. Review each of these potential non-conformances (5 incidents in total)
2. Determine if they are non-conformances against the requirements of the ISO13485:2016 AND 21 CFR 820.
3. If they are non-compliances, write down the specific clause numbers in ISO 13485:2016 AND specific section number of 21 CFR 820 which is applicable (write down the main clause/section in each regulation that the non-compliance is against).
Note: ISO 13485:2016 and 21 CFR 820 are available in the "Additional Resources" section, under the section heading "Quality Systems Regulations (EU and US)" (contained within Section A Medical Device Regulatory Affairs).
4. Briefly EXPLAIN your decision in 100-170 words.
QUESTION 4
The operation of a weighing scale (equipments ID 186749) was reviewed by the inspector in the Box Packing section. The weighing scale was in use during the current shift. The operating procedure (SOP18654) for the scale states that it must be calibrated at the beginning and end of each shift. The operating procedure states that that the calibration of the scales is recorded in a log book(Calibration Log for ID 186749 ). The inspector asked to review this log book. The maintenance technician who was interviewed said that the log book was held by the maintenance technician on the night shift and he always kept it in his desk drawer which was locked.
In: Mechanical Engineering
Clicker Assignment: Ch. 10 & Job Order Costing Clicker questions will be asked in class based on your completion of this preparation guide. Example in class question: What is the answer to Question 2? You will not have time to complete this guide in class!
Leather DM DL MOH Period Cost
Utility bill for the manufacturing plant DM DL MOH Period Cost
Depreciation expense on accounting dept. copier DM DL MOH Period Cost
Wages of production line employees DM DL MOH Period Cost
Wages of sales employees DM DL MOH Period Cost
Shoe laces DM DL MOH Period Cost
Plant supervisor DM DL MOH Period Cost
Depreciation expense on sewing machines DM DL MOH Period Cost
Beginning raw materials inventory 30,000
Ending raw materials inventory 48,000
Beginning work in process inventory 108,000
Ending work in process inventory 90,000
Raw Materials purchased 110,000
Direct Labor 96,000
Manufacturing Overhead 77,000
What is Dixon Company’s cost of direct materials used?
Raw Materials Inventory, January 1, 2016 $14,500
Raw Materials Inventory, December 31, 2016 $16,000
Work in Process Inventory, January 1, 2016 $30,000
Work in Process Inventory, December 31, 2016 $24,000
Finished Goods Inventory, January 1, 2016 $10,000
Finished Goods Inventory, December 31, 2016 $12,000
Cost of Goods Manufactured $140,000
PLEASE ANSWER ALL QUESTIONS
In: Accounting
1)Lantz Company has provided the following information:
Cash sales totaled $200,000.
Credit sales totaled $480,000.
Cash collections from customers for services yet to be provided totaled $80,000.
A $16,000 loss from the sale of property and equipment occurred.
Interest income was $7,800.
Interest expense was $18,000.
Supplies expense was $300,000.
Rent expense for the store was $30,000.
Wages expense was $40,000.
Other operating expenses totaled $70,000.
Unearned revenue was 4,900.
What is the amount of Lantz’s income before income taxes?
2)
During 2016, Sensa Corporation incurred operating expenses amounting to $150,000 of which $90,000 was paid in cash; the balance will be paid during 2017. Which of the following is correct for the 2016 year-end balance sheet?
Stockholders' equity decreases $150,000, assets decrease $90,000, and liabilities increase $60,000.
Assets decrease $150,000, liabilities increase $60,000, and stockholders' equity decreases $150,000.
Stockholders' equity decreases $90,000 and assets decrease $90,000.
Assets decrease $150,000 and stockholders' equity decreases $150,000.
3)On December 31, 2016, Krug Company reported total liabilities of $190,000 prior to the following adjusting entries:
Depreciation expense: $41,000;
Accrued sales revenue: $39,000;
Accrued expenses: $28,000;
Used insurance: $7,000; the insurance was initially recorded as prepaid.
Rent revenue earned: $5,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue.
How much are Krug's total liabilities after the adjusting entries?
$213,000.
$190,000.
$174,000.
$231,000.
4Lantz Company has provided the following information:
Cash sales totaled $370,000.
Credit sales totaled $497,000.
Cash collections from customers for services yet to be provided totaled $97,000.
A $22,000 loss from the sale of property and equipment occurred.
Interest income was $9,500.
Interest expense was $19,700.
Supplies expense was $440,000.
Rent expense for the store was $36,000.
Wages expense was $57,000.
Other operating expenses totaled $87,000.
Unearned revenue was $3,000.
What is the amount of Lantz’s income from operations (operating income)?
rev: 09_18_2017_QC_CS-100581
$184,800
$206,800
$225,000
$314,000
5)Top Company's 2016 sales revenue was $160,000 and 2015 sales revenue was $140,000. Top's total assets as of December 31, 2016 were $210,000 and total assets as of January 1, 2016 were $190,000. What is Top's total asset turnover ratio?
.79
.76
.85
.80
In: Accounting