1. Journal & T Account
• June 3 Sold for $700 office equipment that had cost $2000 and has associated accumulated depreciation of $1,500
• June 7 Made sales of $2000 on credit; the cost of the inventory sold was $1200
• June 10 Purchased $1000 of inventory for cash
• June 15 Purchased new office equipment costing $4000 paying $1500 and signing a 90-day note for the balance
• June 16 Received check for June 7 credit sale
• June 17 Made cash sales of $4200; the cost of the inventory sold was $2300
• June 20 Purchased $2600 of inventory on credit
• June 24 Returned $200 of defective inventory from the June 20 purchase for a credit to its account
• June 29 Paid for the June 20 purchase minus the return
June 30 Paid the June utility bill, $210
|
Debit |
Credit |
|
|
Cash |
12,523 |
|
|
Accounts Receivables |
23,052 |
|
|
Inventory |
16,300 |
|
|
Office Equipment |
35,860 |
|
|
Accumulated Depreciation |
10,540 |
|
|
Notes Payable |
3,400 |
|
|
Accounts Payable |
3,500 |
|
|
Sales Revenue |
47,872 |
|
|
Gain on Sale of O.E. |
400 |
|
|
Cost of Goods Sold |
22,354 |
|
|
Utilities Expense |
1,124 |
In: Accounting
As a prospective owner of a club known as the Red Rose, you are interested in determining the volume of sales dollars necessary for the coming year to reach the break-even point. You have decided to break down the sales for the club into four categories, the first category being beer. Your estimate of the beer sales is that 32000 drinks will be served. The selling price for each unit will average $ 1.50; the cost is $ 1.25. The second major category is meals, which you expect to be 12000 units with an average price of $ 12.50 and a cost of $ 5.50. The third major category is desserts and wine, of which you also expect to sell 10000 units, but with an average price of $ 2.50 per unit sold and a cost of $ 1.00 per unit. The final category is lunches and inexpensive sandwiches, which you expect to total 22500 units at an average price of $ 6.00 with a food cost of $ 3.25. Your fixed cost (i.e., rent, utilities, and so on) is $ 2000 per month plus $ 2000 per month for entertainment.
a) For Red Rose, the monthly break-even point in dollars = $ nothing per month (round your response to two decimal places).
b).What is the expected number of meals each day if you are open 30 days a month?
In: Finance
Show all your results to three decimal places.
|
Year |
Y |
X1 |
X2 |
|
1996 |
72 |
$10 |
$2000 |
|
1997 |
81 |
9 |
2100 |
|
1998 |
90 |
10 |
2210 |
|
1999 |
99 |
9 |
2305 |
|
2000 |
108 |
8 |
2407 |
|
2001 |
126 |
7 |
2500 |
|
2002 |
117 |
7 |
2610 |
|
2003 |
117 |
9 |
2698 |
|
2004 |
135 |
6 |
2801 |
|
2005 |
135 |
6 |
2921 |
|
2006 |
144 |
6 |
3000 |
|
2007 |
180 |
4 |
3099 |
|
2008 |
162 |
5 |
3201 |
|
2009 |
171 |
4 |
3308 |
|
2010 |
153 |
5 |
3397 |
|
2011 |
180 |
4 |
3501 |
|
2012 |
171 |
5 |
3689 |
|
2013 |
180 |
4 |
3800 |
|
2014 |
198 |
4 |
3896 |
|
2015 |
189 |
4 |
3989 |
In: Economics
Colby Firestone Corporation is considering the purchase of a new machine to replace an old machine. The new machine will cost $135,000, has an installation cost of $5000, and will have an expected life of five years with a salvage value of $5,000. The new machine will require $2000 additional working capital. The new machine will result in a cost savings of $20,000 a year. Sales are expected to increase $9,000 per year. The old machine was purchased five years ago at a cost of $100,000 and has been depreciated on a (McSlim) straight-line basis with an expected life of ten years and a salvage value of $2000. The old machine can be sold for $50,000 today. The firm’s cost of capital is 9 percent, and its tax rate is 30 percent.
In: Finance
Assume you wish to purchase a property for $400,000 and you are evaluating two mortgage choices. You are only able to afford a 10% downpayment, so you have the following options. The first option is a 4.75% fully amortizing, monthly payment, fixed rate loan for 30 years with $2000 in origination fees and no points. This loan is for 90% of the purchase price.
Alternatively, you can borrow 80% of the purchase price at a rate of 3.875%, with $4000 in closing costs. In order to cover the remaining 10%, you will need to take out a 2nd mortgage with an interest rate of 6.5%, and additional closing costs of $2000. The second mortgage is interest only for the first 5 years, and becomes fully amortizing after that. Both loans are for 30 years, and have fixed rates.
A. What is the payment on the first loan?
B. What is the effective rate on the first loan if it is held for the entire 30 years?
C. What is the payment on the 80% loan that is the first part of the second loan package if it is held for the entire 30 years?
D. What is the payment on the 10% loan that is the second part of the second loan package if it is held for the entire 30 years?
E. What is the effective rate on the entire second loan package if it is held for the entire 30 years?
In: Accounting
An article considered regressing y = 28-day standard-cured strength (psi) against x = accelerated strength (psi). Suppose the equation of the true regression line is y = 1900 + 1.4x,
and that the standard deviation of the random deviation ϵ is 350 psi.
(a)
What is the probability that the observed value of 28-day strength will exceed 5000 psi when the value of accelerated strength is 2000? (Round your answer to four decimal places.)
(b)
What is the probability that the observed value of 28-day strength will exceed 5000 psi when the value of accelerated strength is 2500? (Round your answer to four decimal places.)
(c)
Consider making two independent observations on 28-day strength, the first for an accelerated strength of 2000 and the second for
x = 2500.
What is the probability that the second observation will exceed the first by more than 1000 psi? (Round your answer to four decimal places.)
(d)
Let Y1 and Y2 denote observations on 28-day strength when x = x1 and x = x2, respectively. By how much would x2 have to exceed x1 in order that P(Y2 > Y1) = 0.95?(Round your answer to two decimal places.)
In: Statistics and Probability
The next 5 questions (11-15) can be answered using the following information:
C(Y-T) = 125 + 0.75(Y-T)
I = 200 – 10r
G=150
T = 100
Ms= 800
Md= 0.8Y – 16r
Assume that the full-employment level of output equals 1,600
In: Economics
Consider two countries, the United States (U.S.) and Japan. In the U.S., there are two firms, Pikes Peak Steel (PPS) and General Motors (GM), both owned by U.S. citizens. In Japan, there is one firm, Toyota, owned by Japanese citizens. All of the employees of PPS and GM are U.S. citizens and all of the employees of Toyota are Japanese citizens. In a given year, PPS produces $6000 worth of steel and pays wages of $1500. It sells $2000 worth of steel to GM and $4000 worth of steel to Toyota. GM buys $2000 worth of steel from PPS and pays wages of $4000. GM produces $8000 worth of cars during the year; it sells $5500 worth of cars to consumers in the U.S., $1500 worth of cars to the U.S. government, and $1000 worth of cars to consumers in Japan. Toyota buys $4000 worth of steel from PPS and pays wages of $2500. Toyota produces $9500 worth of cars during the year; it sells $5000 worth of cars to consumers in the U.S., $1000 worth of cars to the Japanese government, and $3500 worth of cars to consumers in Japan. For the U.S. and Japan, calculate the following (please show your work) a. Gross domestic product (GDP) using the income and expenditure approaches
In: Economics
1) Choose six different tests and write six different questions
one-sample t, paired samples t, independent t, one-way ANOVA, Factorial ANOVA, repeated measures ANOVA, regression, correlation, or chi-square.
2) For each question, choose a different test, and write up a research scenario in which you describe the research question and some details of the study or experiment. The question that the reader has to answer is ‘which test is appropriate?’.
Example (using Z-tests):
A personality psychologist has decided to investigate claims that the younger generation of college students (born between 1995 and 2000) are different from previous generations on the dimension of narcissism. She surveyed 150 college students born between 1995 and 2000 and compared their average level of narcissism (M = 4.3, SD = .3) to that of the previous generation (? = 4.2, ? = .1). What statistical test would be appropriate to conduct in this situation?
A. paired samples t
B. z-test
C. one-way ANOVA
D. Correlation
3) across the questions, please use at least one example from developmental, cognitive, social, or clinical psychology (you can have some repeat areas)
In: Psychology
A) DDL
For Company DB Schema, Answer the below questions:
Emp (Empno, Ename, Job, Hiredate, Sal, Comm, Deptno)
Dept (Deptno, Dname, loc)
1. Retrieve the data of all employees.
2. Retrieve the data of all Salemanemployees.
3. Retrieve the name and Salary of all employees.
4. Retrieve the name and salary of Salemanemployees.
5. Retrieve the name and salary of all employees with Salary more than 2000.
6. Retrieve the Name and Salary of all employees who work in department no 20.
7. Retrieve the name and Job of all employees with Salary more than 2000 and hiredate after 01-01-1981.
8. Retrieve the Job and Salary of all employees with Name = FORD or MARTIN.
9. Retrieve the Name and Number of all Departments.
10. Retrieve the Employee Name and Department number for all employees.
11. Retrieve the Employee Name and Department name for all employees.
12. Retrieve the Employee Name and who works in Department name = RESEARCH.
13. Retrieve the Employee names who workin one of these Departments: RESEARCHand SALES.
14. Retrieve the Employee name who works in department located in NEW YORK.
please write in computer word not on paper
In: Computer Science