1. Horizontal Analysis
   1. Compute the difference in each line item from 2018 to 2019.
   2. Using 2018 as a base year, determine the change and percentage change in each line item from 2018 to 2019.
   3. Did sales to customers increase or decrease from 2018 to 2019?
   4. Did net income increase for decrease from 2018 to 2019?
   5. What line item(s) is (are) driving the differences between sales to customers and net income from 2018 to 2019?
2. Vertical Analysis
   1. Compute each line item as a percentage of sales for 2018 and 2019.
   2. Which line items makes up the largest proportion of sales in 2018 and 2019? (Keep in mind that some of the items like gross profit and earnings before provision for taxes on income are subtotals.)
   3. Comment of any changes in the income and expenses as a percent of sales from 2018 and 2019.

Corporation Income Statements (excerpt)

(dollars in millions) 2019 2018 Sales to customers $71,890 $70,074 Cost of products sold 21,685 21,536 Gross profit 50,205 48,538 Selling, marketing and administrative expenses 19,945 21,203 Research and development expense 9,095 9,046 In-process research and development 29 224 Interest income -368 -128 Interest expense, net of portion capitalized 726 552 Other (income)expense, net 484 -2,064 Restructuring 491 509 Earnings before provision for taxes on income 19,803 19,196 Provision for taxes on income 3,263 3,787 Net earnings $16,540 $15,409 Horizontal Analysis Compute the difference in each line item from 2018 to 2019. Using 2018 as a base year, determine the change and percentage change in each line item from 2018 to 2019. Did sales to customers increase or decrease from 2018 to 2019? Did net income increase for decrease from 2018 to 2019? What line item(s) is (are) driving the differences between sales to customers and net income from 2018 to 2019? Vertical Analysis Compute each line item as a percentage of sales for 2018 and 2019. Which line items makes up the largest proportion of sales in 2018 and 2019? (Keep in mind that some of the items like gross profit and earnings before provision for taxes on income are subtotals.) Comment of any changes in the income and expenses as a percent of sales from 2018 and 2019.

Company was started on January 1, 2017. The following accounts are on the Balance Sheet Accounts: Cash, Accounts Receivable, Equipment, Accumulated Depreciation, Prepaid Expenses, Supplies, Accounts Payable, Notes Payable, Interest Payable, Wages Payable, Unearned Revenue, Common Stock, Additional Paid in Capital, and Retained Earnings.

The company report results as of the fiscal year ending December 31, 2017.

Following are fiscal 2017 transactions:

a. January 1: The company sold 12,000 shares of $0.50 par common stock for $6 per share.

b. January 1: Borrowed $80,000 from the local bank. The loan carries a 6% annual interest rate. Interest and principal are due in full on January 1, 2026.

c. January 1: Purchased equipment with cash to be used in the business for $60,000. The estimated life of the equipment is 4 years, and the expected salvage value is $8,000.

d. January 1: Purchased an 18-month insurance policy for $9,000 with cash. The policy begins immediately.

e. During 2017: Paid $8,000 cash for advertising in the local paper, $6,500 of which was for 2017 papers and $1,500 of which is for 2018 papers.

f. During 2017: The firm pays each month’s rent for the building space on the first of the month (i.e., the firm pays rent on January 1 for rent in January). The monthly rent is $1,350. The firm began renting the building in January and rented it through December 31.

g. During 2017: Purchased supplies (e.g., cleaning solutions, sponges) for $40,000 on credit.

h. During 2017: Paid suppliers $25,000 in cash relating to items purchased in transaction

i. During 2017: Performed and billed customers for 9,500 car washes at $20 per car wash.

j. During 2017: Collected $125,000 in cash from customers billed in transaction

k. During 2017: The firm pays employees on the first of each month for work performed the previous month (i.e., the firm pays employees on February 1 for work performed in January). The total monthly wages are $3,100. Employees began work on January 1 and worked through December 31.

l. November: Started a membership program that allowed customers to pay in advance for 10 car washes at a discounted price of $15 per car wash. A total of 250 customers signed up for this membership program.

m. December: Voted the “Best Car Wash” by a people’s poll in the city. Due to this, the Bubble Blasters Auto Spa had a one-page article in the city’s magazine. 10 Bubbles estimates an increase of $20,000 in sales in 2018 as a result of this good press.

n. December: Bubble Blasters granted bonuses to three employees based on their exceptional performance in 2017. The bonus amount is $1,000 per employee and will be paid on January 15, 2018.

o. December 31: The firm declared and paid a dividend of $0.10 per share.

p. December 31: The cost of car wash supplies remaining at year end totaled $7,500. The market value of the supplies is $12,000.

q. December 31: Records show that 500 “member” car washes (from the prepaid membership program in part l) were provided during 2017.

Instructions: Record the transactions in the FSET. The beginning balances in all the accounts are 0 because the company began operations on January 1, 2017. In good form, prepare the balance sheet at December 31, 2017, and the income statement, the statement of stockholders’ equity, and the statement of cash flows (direct method) for the period ending December 31, 2017.

1. The sales method for estimating bad debts is calculated using ________.

A) aging of accounts receivable

B) a percentage of credit sales

C) a percentage of net accounts receivable

D) the current balance in accounts receivable

2. Team Shirts had a balance in its allowance for uncollectible accounts of $(200). Aging the accounts receivable showed that the allowance should be $(1,800). Bad debts expense should be ________.

A) $1,400

B) $1,600

C) $1,800

D) $2,000

Learning Objective 4-4

3. Credit card sales benefit companies because ________.

A) the risk of uncollectible accounts is transferred to credit card companies

B) fewer customers will be able to buy products or services

C) the credit card company is not responsible for evaluating customers’ credit-worthiness

D) they will receive less than the full amount of the sale from the credit card company

4. Timmy’s Tires sold $18,750 worth of tires to customers using VISA. The credit card fee is 4% of sales. The amount of sales Timmy’s Tires should recognize is ________.

A) $750

B) $19,500

C) $18,750

D) $18,000

5. Team Shirts decided to accept bankcards from credit customers. Team Shirts should expect ________.

A) an increase in its allowance for uncollectible accounts

B) a decrease in its bad debts expense

C) a decrease in its credit card expense

D) an increase in its write-off of specific customer accounts

6. Magic Cow Co. made a sale for $5,000 to a customer who paid with MasterCard. MasterCard charges Magic Cow a fee of 3% of sales. MasterCard will directly deposit the cash from this sale within 24 hours. How much cash will MasterCard deposit?

A) $5,000

B) $4,850

C) $150

D) $5,150

7. Sally has a new VISA card that was issued by MBNA (Maryland Bank of North America). Sally used her VISA card to buy five kegs of beer at Crock‘n’ Keg. Three months later, Sally still has not paid her VISA bill. Which company carries the account receivable from this sale?

A) MBNA

B) Sally

C) Crock‘n’ Keg

D) both Sally and Crock‘n’ Keg

8. Magic Cow Co. made a sale for $5,000 to a customer who paid with MasterCard. MasterCard charges Magic Cow a fee of 3% of sales. How much sales revenue will Magic Cow record?

A) $5,000

B) $4,850

C) $150

D) $5,150

Learning Objective 4-7

9. Ace Electronics accepted a promissory note from Fenstermaker, who promised to pay Ace $2,000 plus 6% interest at the end of six months. What is the amount of interest that will be paid at the end of the six-month period?

A) $120

B) $240

C) $60

D) $2,060

10. Ace Electronics accepted a promissory note from Fenstermaker, who promised to pay Ace $2,000 plus 6% interest at the end of six months. When Ace first accepts the note, it should record interest receivable of ________.

A) $120

B) $0

C) $60

D) $240

11. Acme, Inc. accepted a promissory note from NadirCo, who promised to pay Acme $5,000 plus 6% interest at the end of four months. What is the amount of interest that will be paid at the end of the four-month period?

A) $300

B) $100

C) $600

D) $5,000

The rate of the reaction in terms of the "disappearance of reactant" includes the change in the concentration of the reactant, the time interval, and the coefficient of the reactant.

Consider the following reaction:

2A+3B→3C+2D

The concentrations of reactant A at three different time intervals are given. Use the following data to determine the average rate of reaction in terms of the disappearance of reactant A between time = 0 s and time = 20 s .

Express your answer in molar concentration per second to three significant figures.

Part B

The rate of the reaction in terms of the "appearance of product" includes the change in the concentration of the product, the time interval, and the coefficient of the product.

Consider the following reaction:

2A+3B→3C+2D

The concentrations of product C at three different time intervals are given. Use the following data to determine the rate of reaction in terms of the appearance of product C between time = 0 s and time = 20 s .

Express your answer in molar concentration per second to three significant figures.

Adapted from the Schiller & Gebhardt Text:

Schiller and Gebhardt (2019) stated: "Global poverty is an international issue. Other countries are inclined to look to the U.S. with its great wealth to take an active role in assisting poor nations" (Instructor Resources, Chapter 21, p. 9). Do you think the US should contribute more to fighting global poverty? Explain your reasoning. (1-2 paragraphs).

You just discovered, for the first time, that LTP causes learning. Describe the molecular changes involved in LTP. The answer should include: how AMPA and NMDA receptors are different, why this matters, how a particular protein kinase is activated, two important ways this protein kinase contributes to LTP, how a particular transcription factor is activated, how the transcription factor contributes to LTP, how retrograde messengers contribute.

1- What is the current state or condition of the childhood obesity, and how is it affecting the specific community?

2- What approach might you use to address childhood obesity? How will it contribute to improving the community’s health?

3- Based on the research needs identified, what are the broader goals of your research? Keep in mind that goal statements should be broad and abstract, describing a state or condition you hope to achieve.

please i want computer typing answer for A and B

The following techniques will be used for purification of an enzyme from cultured cells; salt fractionation, affinity chromatography, ion-exchange chromatography, homogenization and gel filtration chromatography. The protocol states that the techniques should be used in the order listed above.

a) What is wrong with the order of techniques as they are listed?

b) How does each technique contribute to the process of obtaining a pure enzyme?

Prediction?

1. How will the addition of an inert salt affect the PH and buffer capacity of a buffer?

2. What will happen to the ph and buffer capacity of a buffer when it is heated? what factors contribute to the answer?

3. What will happen to the ph of the solution when a buffer breaks down upon addition of acid?

4. What will happen to the ph of the solution when a buffer breaks down upon addition of base?