Seth Feye established Reliance Financial Services on July 1, 2016. Reliance Financial Services offers financial planning advice to its clients. The effect of each transaction and the balances after each transaction for July follow:

Mario Corporation started business on January 1, 2016. The board of directors authorized the
following classes of stock:
4% Cumulative preferred stock - $25 par value
Authorized: 40,000
Common Stock - No par value
Authorized: 300,000
The following transactions occurred during 2016:
1/1/16 Issued 120,000 shares of common stock at $10 per share.
6/2/16 Issued 25,000 shares of preferred stock at a market price of $25. The dividend is
payable semiannually on 12/1 and 6/1 beginning 12/1/16.
6/23/16 Purchased 12,000 shares of treasury stock at $8 per share.
10/1/16 Purchased 20,000 shares of treasury stock at $10 per share.
12/1/16 Did not pay semiannual dividend on the 4% preferred stock.
12/31/16 Recorded a net loss of $29,000 for 2016.
The following transactions occurred during 2017:
1/20/17 Sold 22,000 of treasury stock at a market price of $12. Mario uses the weighted
average method to account for treasury stock.
5/15/17 Declared dividends on the 4% preferred stock and a dividend of $.96 per common
share.
6/1/17 Paid all dividends declared on 5/15.
8/15/17 Distributed a 5% stock dividend on common shares outstanding when the market
value of the stock was $10 per share.
10/15/17 Issued 50,000 shares of common stock at a market price of $9 per share.
11/15/17 Declared dividends on the 4% preferred stock.
12/1/17 Paid dividends on the 4% preferred stock.
12/31/17 Recorded a net income of $23,500 for fiscal year 2017.
Required:
1. Record journal entries for each of the 2017 transaction.
2. Prepare comparative stockholders’ equity sections of the balance sheet for the years
ending December 31, 2016 and 2017 in good form.
3. Calculate earnings-per-share for 2016 and 2017.

Mario Corporation started business on January 1, 2016. The board of directors authorized the following classes of stock:

4% Cumulative preferred stock - $25 par value

Authorized: 40,000
Common Stock- No par value
Authorized: 300,000

The following transactions occurred during 2016:

1/1/16. Issued 120,000 shares of common stock at $10 par value
6/2/16. Issued 25,000 shares of preferred stock at a market price of $25. The divident is payable semiannulally on
   12/1 and 6/1 beginning 12/1/16
6/23/16. Purchased 12,000 shares of treasury stock at $8 per share
10/1/16. Purchased 20,000 shares of treasury stock at $10 per share
12/1/16. Did not pay semiannual divident on the 4% preferred stock
12/31/16. Recorded a net loss of $29,000 for 2016

The following transactions occured during 2017:

1/20/17. Sold 22,000 of treasury stock at a market price of $12. Mario uses the weighted average method to account
for treasury stock
5/15/17. Declared dividends on the 4% preferred stock and a dividend of $.96 per common share
6/1/17. Paid all dividends declared on 5/15
8/15/17. Distributed a 5% stock dividend on common shares outstanding when the market value of the stock was $10
   per share
10/15/17. Issued 50,000 shares of common stock at a market price of $9 per share
11/15/17. Declared dividends on the 4% preferred stock
12/1/17. Paid dividends on the 4% preferred stock
12/31/17. Recorded a net income of $23,500 for fiscal year 2017

Required:
1. Record journal entries for each of the 2017 transactions
2. Prepare comparative stockholders' equity sections of the balance sheet for the years ending December 31,2016 and 2016 in good form
3. Calculate earnings-per-share for 2016 and 2017

For 2016, Clapton Company reported a decline in net income. At the end of the year, S. Hand, the president, is presented with the following condensed comparative income statement:

Prepare a comparative income statement with horizontal analysis for the two-year period, using 2015 as the base year. Use the minus sign to indicate an amount or percent decrease. If required, round percentages to one decimal place.

Some recent financial statements for Smolira Golf, Inc., follow.

Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios as a percent.)

Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 3,181 $ 3,257 Accounts payable $ 2,158 $ 2,610 Accounts receivable 4,762 5,771 Notes payable 1,755 2,126 Inventory 12,498 13,772 Other 91 108 Total $ 20,441 $ 22,800 Total $ 4,004 $ 4,844 Long-term debt $ 13,300 $ 16,060 Owners’ equity Common stock and paid-in surplus $ 38,500 $ 38,500 Fixed assets Accumulated retained earnings 15,659 39,185 Net plant and equipment $ 51,022 $ 75,789 Total $ 54,159 $ 77,685 Total assets $ 71,463 $ 98,589 Total liabilities and owners’ equity $ 71,463 $ 98,589 SMOLIRA GOLF, INC. 2016 Income Statement Sales $ 187,570 Cost of goods sold 126,303 Depreciation 5,323 EBIT $ 55,944 Interest paid 1,420 Taxable income $ 54,524 Taxes 19,083 Net income $ 35,441 Dividends $ 11,915 Retained earnings 23,526 Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios as a percent.) 2015 2016 Short-term solvency ratios a. Current ratio times times b. Quick ratio times times c. Cash ratio times times Asset utilization ratios d. Total asset turnover times e. Inventory turnover times f. Receivables turnover times Long-term solvency ratios g. Total debt ratio times times h. Debt−equity ratio times times i. Equity multiplier times times j. Times interest earned ratio times k. Cash coverage ratio times Profitability ratios l. Profit margin % m. Return on assets % n. Return on equity %

Excalibur Corporation sells video games for personal computers. The unadjusted trial balance as of December 31, 2016, appears below. December 31 is the company’s fiscal year-end. The company uses the perpetual inventory system.

Debits

Cash 88,420

Accounts receivable 27,000

Supplies 0

Prepaid rent 0

Inventory 66,000

Office equipment 83,000

Cost of goods sold 132,500

Interest expense 0

Salaries and wage expense 53,950

Rent expense 17,600

Supplies expense 2,320

Utility expense 6,100

Credits

Accumulated depreciation—office equipment 10,790

Accounts payable 35,400

Salaries and wages payable 4,800

Note payable 31,200

Common stock 120,000

Retained earnings 19,700

Sales revenue 255,000

Totals 476,890 476,890

Cash dividends paid to shareholders during the year amounted to $9,000.

Information necessary to prepare the year-end adjusting entries appears below.

1. The office equipment was purchased in 2014 and is being depreciated using the straight-line method over an eight-year useful life with no salvage value.

2. Accrued salaries and wages at year-end should be $7,200.

3. The company borrowed $31,200 on September 1, 2016. The principal is due to be repaid in 10 years. Interest is payable twice a year on each August 31 and February 28 at an annual rate of 10%.

4. The company debits supplies expense when supplies are purchased. Supplies on hand at year-end cost $580.

5. Prepaid rent at year-end should be $1,300.

Required information 1. Complete the worksheet below.

2-a. Use the information in the worksheet to prepare an income statement for 2016.

2-b. Use the information in the worksheet to prepare a statement of shareholders’ equity for 2016.

2-c. Use the information in the worksheet to prepare a balance sheet as of December 31, 2016. (Amounts to be deducted should be indicated by a minus sign.)

Required information

3. Prepare the necessary closing entries assuming that adjusting entries have been correctly posted to the accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Kriveloff Company is in the process of closing its books at the end of 2017. The company's preliminary income statement for 2017 and its reported income statement for 2016 are given below.

                                                                             2017                             2016

                        Sales Revenues                       $ 900,000                    $ 880,000

                        Cost of Goods Sold                    (450,000)                     (425,000)

                        Gross Profit                                 450,000                       455,000

                        Depreciation                               (115,000)                     (115,000)

                        Other Expenses                          (108,000)                     (102,000)

                              Net Income                         $ 227,000                    $ 238,000

        Kriveloff's records reveal the following information:

(1)  Kriveloff failed to accrue $7,000 of supplies expense at the end of 2016.  The supplies expense was recorded as paid in 2017.

(2)  On 1/1/15, Kriveloff purchased a machine for $120,000.  Although the machine was expected to have a five-year life, it was erroneously expensed in recording the purchase.  The appropriate depreciation method for this machine is double-declining-balance with no residual.

(3)  At the end of 2017, Kriveloff decided to change its inventory costing method from average cost to the FIFO method.  An analysis of the accounting records provides the following cost of goods sold amounts under average cost and FIFO:

                                    Year                     FIFO            Average

                                    2015                410,000           430,000

                                    2016                420,000           425,000

                                    2017                432,000           450,000

(4) Kriveloff acquired a truck on 1/3/15 for $75,000 and estimated its useful life to be 6 years with a salvage value of $15,000. In 2017, after the preliminary statements were prepared, Kriveloff realized that the truck could be used for an additional 5 years, but that the salvage value at the end of that time would probably be only $10,000. Straight-line depreciation is being used.

        Required:

        A.    Prepare the necessary journal entries at December 31, 2017, to record the above information.

B. Prepare new comparative income statements to reflect the adjustments required by items (1)-(3) above.  You may ignore income taxes.

        C.    Retained earnings reported for the end of 2016 was $2,333,000 and at the end of 2015 was $2,195,000.  Dividends of $100,000 have been declared in each year.  Prepare comparative statements of retained earnings for Kriveloff Company, reflecting appropriate adjustments from items (1)-(3) above, ignoring income taxes.

Show all work including formulas

C++

For this assignment, you will create a search benchmark, that is a comparison between the Linear and Binary Search algorithm on the same list of names provided in a text file.

1. Ask the user to enter a filename
2. Ask the user to enter a name; this is the search item.
3. Loop until you reach the end of the file and read all the names and store them in an array. Ensure that the array is large enough, for now a size of 50 is good.

i) Make sure that you do not occur an out of bounds error on the array.

ii) You can convert the case of the names in the file as soon as you read it and store it in an array.
4. Your program should call a function that uses the Linear Search algorithm to locate the search item.

i) Make sure you make your comparisons case insensitive. That is, convert the user entered name to upper case for the assignment (converting to lower case will also result the same but I am testing with upper case values) before any comparison.

ii) Your function should keep a count of the number of comparisons it makes until it finds the value or reaches the end of the array.
5. Your program should then call a function that uses the Binary Search algorithm to locate the same value. It should also keep count of the number of comparisons it makes.
6. Display the number of comparisons that both the algorithms make.

Hints:

• Even though, for now the 'names.txt' only contains first names, don't forget to use getline() to read the names both from the file and from the standard input device.
• getline(inFile, name) will read from the file you opened and attached to inFile and store the result in the string variable name. The string variable can be an array element as well.
• You can use the following code to convert the strings to all uppercase. Write a function convertToUpperCase(string &) that takes a string value by reference and converts it to uppercase using the following code:

//string userInput contains the user's input or a name read from the file
for(int index = 0; index < userInput.length(); index++)
{
if(userInput[index] >= 'a' && userInput[index] <= 'z')
userInput[index] = toupper(userInput[index]);
}
cout << "uppercase is: " << userInput << endl;

• Other functions that you need to write should have the following prototypes:
  • int getFileInput(string [], int, string): the arguments are the string array, the size of the array and the user input (search item that you need to search for in the array).
  • int linearSearch(const string [], string, int, int &): the arguments are the string array, search item, the size of the array and the number of comparisons passed by reference.
  • int binarySearch(const string [], string, int, int &): the arguments are the string array, search item, the size of the array and the number of comparisons passed by reference.

Example 1: Your program should start by getting the file name from the user, followed by a name as user input.

Enter the file name: names.txt 
Enter name to search:

Let's say the user enters 'Sarah' as input then the output should be the following:

Enter name to search: Sarah

Using Linear Search, SARAH was found in the array in 32 comparisons.
Using Binary Search, SARAH was found in the array in 9 comparisons.

Example 2:

Enter name to search: Amy

Using Linear Search, AMY was found in the array in 2 comparisons.
Using Binary Search, AMY was found in the array in 9 comparisons.

Example 3:

Enter name to search: Virginia

Using Linear Search, VIRGINIA was found in the array in 35 comparisons.
Using Binary Search, VIRGINIA was found in the array in 13 comparisons.

Example 4:
If at any time the user enters a file name that doesn't exist, or your program is unable to open the file, you should display an error message. For example, if input.txt file doesn't exist, the output should be the following.

Enter file name: input.txt
Error!! Could not open file!

create a C++ Program

1. Ask and get a course name

2. Create an array of students of size 10,

3. Initialize the elements of the students array of appropriate names and grades

4. Create an object of class GradeBook (provide the course name and the created student array, in 3 above, as arguments to the constructor call. The arguments are used to initialize the data members of the class GradeBook.

Desired Output:

=========================================================

Enter course name: Object Oriented Programming

=====================Entering Students' Information===============================

Enter the name and grade for 10 students

student # 1 name: John

Student # 1 grade : 100

student # 2 name: Mark

Student # 2 grade : 100

student # 3 name: Jesus

Student # 3 grade : 89

student # 4 name: Tony

Student # 4 grade : 87

student # 5 name: Leo

Student # 5 grade : 79

student # 6 name: Don

Student # 6 grade : 75

student # 7 name: Devin

Student # 7 grade : 83

student # 8 name: Xavier

Student # 8 grade : 90

student # 9 name: jerry

Student # 9 grade : 25

student # 10 name: Jones

Student # 10 grade : 46

============================================================================

Welcome to the grade book for

Object Oriented Programming!

=====================After Processing Class's Grade===============================

The grades are:

Jonh  : 100

Mark : 100

Jesus: 89

Tony : 87

Leo: 79

Don : 75

Devin: 83

Xavier : 90

Jerry : 25

Jones : 46

Class average is 77.40

Lowest grade is 25

Highest grade is 100

Grade distribution:

0-9:

10-19:

20-29: *

30-39:

40-49: *

50-59:

60-69:

70-79: **

80-89: ***

90-99: *

100: **

Press any key to continue . . .

SAMPLE CODE!!!!!!!!!!!!!!!!!!!!!!!!

GradeBook.h

GradeBookDriver.cpp