ABC Co. incurred a unit cost of $ 200 on products sold during year ended 12/31/03.

Net Sales for the year totaled $ 6,000,000 and the Gross Profit Per Unit was $ 400. Operating Income was 50% of Gross Profit, and Income Tax Expense totaled $ 600,000 for the year. The After-Tax rate was 60%.

Based upon the aforementioned information, provide the Income Statement for ABC Co. for year ended 12/31/03.

On January 1, 2018, Jones Jeans Co. buys a 8 year $600,000 face value bond from Rawlings Inc. The bonds pay semi-annual interest on January 1 and July 1. The bonds are classified as held to maturity. Stated Coupon Rate= 12% Market Yield Rate= 10%

Prepare the entry at 12/31/17 for Jones Jeans Co. under the following assumptions.

• Classified as available for sale

• Classified as trading.

The Short-Line Railroad is considering a $180,000 investment in either of two companies. The cash flows are as follows:

a. Compute the payback period for both companies. (Round your answers to 1 decimal place.)
  

b. Which of the investments is superior from the information provided?
  

You have purchased 30 shares of Games Inc. for $ 15 and 120 shares of Thrones Co for 721. Over the following three quarters, the companies earned the returns below Quarter 1 Quarter 2 Quarter 3 Games Inc. 20% 46% 44% Thrones Co. -20% -39% -12% What was the buy-and-hold return on your portfolio? Provide your answer in percent, rounded to two decimals, omitting the % sign.

The expected return and standard deviation of a portfolio that is 40 percent invested in 3 Doors, Inc., and 60 percent invested in Down Co. are the following: 3 Doors, Inc. Down Co. Expected return, E(R) 15 % 14 % Standard deviation, σ 58 32 What is the standard deviation if the correlation is +1? 0? −1? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. )

1. KU Avocado industry is planning to raise funds for an expansion of mango juice production and in preparation for this the company has decided to calculate its weighted average cost of capital. KU Co has the following capital structure:

The ordinary shares of KU Co have a nominal value of 50 cents per share and are currently trading on the stock market on an ex dividend basis at 5.85 per share. KU Co has an equity beta of 1.15. The loan notes have a nominal value of 100 and are currently trading on the stock market on an ex interest basis at 103.50 per loan. The interest on the loan notes is 6% per year before tax and they will be redeemed in six years’ time at 6% premium to their nominal value. The risk-free rate of return is 4% per year and the equity risk premium is 6% per year. KU Co pays corporation tax at annual rate of 25% per year. Calculate the market value weighted average cost of capital and the book value weighted average cost of capital and comment briefly on any difference between the two values.

Identify and research a service business in your pathway. Using the internet, go to the company’s website and obtain their most recent (less than 2 years old) Annual Report/10K.

Write a three paragraph discussion post with the following information:

• Name of the company, in the subject line of your post.

• Why are you interested in this company?

• What industry are they in?

• What do they do specifically?

• What is the date of the most recent income statement presented, what was the net income on that statement? If the statement is in millions, state it that way.

Examples of businesses in pathways could be:

• AHCD: Dance, Theater, Film production, Social media, Graphics design or architecture business
• Business: Accounting office, caterer, advertising firm, dry cleaner, restaurant, any business is acceptable
• Education: K-12 tutoring, Child care, Charter schools
• Health Sciences: Dr. or Dentist office, PT office, Hospital, Insurance co,
• IMCT: Engineering Co., Aviation maintenance, Aviation distribution, Supply Chain Management
• Public Safety: Law office, PI, Equipment providers for the industry
• STEM: Engineering Co., Vet. Office, Computer Services co.
• SGSHS: Psychology office, Non-profit agencies, Social Media

23.Consider the following equilibrium process at 686°C:

CO₂(g) + H₂(g) ⇌ CO(g) + H₂O(g)

The equilibrium concentrations of the reacting species are [CO] = 0.0580 M, [H₂] = 0.0430 M,

[CO₂] = 0.0900 M,

and [H₂O] = 0.0420 M.

(a) Calculate K_c for the reaction at 686°C.

________

(b) If we add CO₂ to increase its concentration to 0.460 mol / L, what will the concentrations of all the gases be when equilibrium is reestablished?

CO₂:

M

H₂:

M

CO:

M

H₂O:

M

22. The equilibrium constant K_c for the decomposition of phosgene, COCl₂, is 4.63 ×10⁻³ at 527°C:

Calculate the equilibrium partial pressure of all the components, starting with pure phosgene

at 0.760 atm.

The dissociation of molecular iodine into iodine atoms is represented as

I₂(g) ⇌ 2I(g)

At 1000 K, the equilibrium constant K_c for the reaction is 3.80

×

10⁻⁵. Suppose you start with 0.0454 mol of I₂ in a 2.29−L flask at 1000 K. What are the concentrations of the gases at equilibrium?

What is the equilibrium concentration of I₂?



What is the equilibrium concentration of I?

ABC Co makes product X by mixing together two ingredients, A and B. The standard cost card for one unit of X is as follows:

The budgeted output for the March was 60 units. After one month of production, 50 units of X were produced from 110 kg of A and 225 kg of B.

1)Calculate the material mix variance

2)Calculate the materials usage variance.

3)Calculate the material yield variance

4)Which of the following factors would result in an adverse material usage variance in ABC Co?

(1) Using an inferior quality of material A or B

(2) Making changes to the production process

(3) Introducing increased quality controls resulting in more items of Product X being rejected.

5)

Which of the following factors would result in a material mix variance in ABC Co?

An inferior quality of material A or B is used

The cost of materials A or B changes

The selling price of Product X changes

The production manager in Ash Co deviates from the standard mix

One of the complex ions below absorb the shortest wavelength of visible light equal to 429 nm.

(1) [CoI6]3-,   (2) [Co(H2O)6]3+,   (3) [Co(OH)6]3+,     (4) [Co(NH3)6]3+,     (5) [Co(en)3]3+.

Given the spectrochemical series, color(wavelength range), and the values of Plank's constant, h, and the speed of light, c, below;

I- < Br- < Cl- < F- < OH- < H2O < NH3 < en < NO2- < CN-

Red(750-650)nm, Orange(650-580)nm, Yellow(580-560)nm,

Green(560-490)nm, Blue(490-430)nm, Violet(430-400)nm,

[h = 6.626 x 10-34 J·s, c = 2.998 x 108 m/s],

Place the answers to the following questions in the space provided.
If your answer(s) are in exponential form they should be entered as follows; 1.00 x 10-14 is entered as 1.00e-14.
Multiple colors may be input as blue-green, red-orange, etc.

The energy of absorption, ∆o=  J, the color observed=  ,

and the number of the complex ion from above is =