Assume that Lee Inc. has the following accounts at the end of the current year:

1. Common Shares

2. Raw Materials Inventory

3. FV-OCI Investments

4. Unearned Rent Revenue

5. Work-in-Process Inventory

6. Intangible Assets—Copyrights

7. Buildings

8. Notes Receivable (due in three months)

9. Cash (includes Restricted Cash—see item 12)

10. Salaries and Wages Payable

11. Accumulated Depreciation—Buildings

12. Restricted Cash (for plant expansion)

13. Land Held for Future Plant Site

14. Allowance for Doubtful Accounts

15. Retained Earnings

16. Unearned Subscriptions Revenue (earned in the next year)

17. Accounts Receivable—Officers (due in one year)

18. Finished Goods Inventory

19. Accounts Receivable

20. Bonds Payable (due in four years)

21. Accounts Payable

22. Goodwill

Prepare a classified statement of financial position in good form (no monetary amounts are necessary). (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.)

Lee Inc.
Statement of Financial Position
December 31, 20–

Assets

____

_____

_____

_____

______

______

______

________

_________

________

________

_______

________

________

________

________

________

_______

_______

________

________

________

________

_________

________

Liabilities and Shareholders’ Equity

_________

_________

__________

__________

__________

__________

___________

__________

___________

__________

___________

__________

_________

_________

The number of initial public offerings of stock issued in a​ 10-year period and the total proceeds of these offerings​ (in millions) are shown in the table. Construct and interpret a​ 95% prediction interval for the proceeds when the number of issues is

585.

The equation of the regression line is

ModifyingAbove y with caret equals 33.634 x plus 17 comma 224.539y=33.634x+17,224.539.

Construct and interpret a​ 95% prediction interval for the proceeds when the number of issues is

585.

Select the correct choice below and fill in the answer boxes to complete your choice.

​(Round to the nearest million dollars as needed. Type your answer in standard form where​ "3.12 million" means​ 3,120,000.)

A.We can be​ 95% confident that when there are 585 issues, the proceeds will be between $____ and ​$____.

B.There is a​ 95% chance that the predicted proceeds given 585 issues is between ​$____ and ​$____.

Presented below are a number of balance sheet items for Coronado, Inc., for the current year, 2017.

Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of debt investments (trading) are the same. (List Current Assets in the order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.)

At the beginning of Year 2, the Redd Company had the following balances in its accounts:

During Year 2, the company experienced the following events:

1. Purchased inventory that cost $5,400 on account from Ross Company under terms 2/10, n/30. The merchandise was delivered FOB shipping point. Freight costs of $490 were paid in cash.
2. Returned $450 of the inventory it had purchased because the inventory was damaged in transit. The seller agreed to pay the return freight cost.
3. Paid the amount due on its account payable to Ross Company within the cash discount period.
4. Sold inventory that had cost $5,900 for $8,900 on account, under terms 2/10, n/45.
5. Received merchandise returned from a customer. The merchandise originally cost $490 and was sold to the customer for $790 cash. The customer was paid $790 cash for the returned merchandise.
6. Delivered goods FOB destination in Event 4. Freight costs of $590 were paid in cash.
7. Collected the amount due on the account receivable within the discount period.
8. Took a physical count indicating that $1,600 of inventory was on hand at the end of the accounting period.

b. Record each event in a statements model like the following one. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, and NC for net change in cash. The first event is recorded as an example. (Enter any decreases to account balances and cash outflows with a minus sign. Not all cells in the "Statement of Cash Flows" column may require an input - leave cells blank if there is no corresponding input needed.)

c-1. Prepare a multistep income statement.
c-2. Prepare a statement of changes in stockholders’ equity.
c-3. Prepare a balance sheet.
c-4. Prepare a statement of cash flows.

1. If Net Investment = 0 in a given year, this indicates that we have neither lost nor gained capital. That seems to be a desirable outcome. Do you agree?
2. Nominal GDP rose by more than $1 trillion between 2015 and 2016. We can therefore be sure that the economy expanded. Critically evaluate.

** plz put layman's terms**

Periodic Inventory by Three Methods

The units of an item available for sale during the year were as follows:

There are 1,210 units of the item in the physical inventory at December 31. The periodic inventory system is used. Do not round intermediate calculation and round final answer to nearest whole value.

a. Determine the inventory cost by the first-in, first-out method.
$

b. Determine the inventory cost by the last-in, first-out method.
$

c. Determine the inventory cost by the weighted average cost method.
$

A) We are evaluating a project that costs $115571, has a seven-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 4293 units per year. Price per unit is $45, variable cost per unit is $25, and fixed costs are $81427 per year. The tax rate is 35 percent, and we require a 8 percent return on this project. Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within +/-8 percent. What is the NPV of the project in best-case scenario? (Negative amount should be indicated by a minus sign. Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)

B)We are evaluating a project that costs $117027, has a seven-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 4144 units per year. Price per unit is $52, variable cost per unit is $28, and fixed costs are $82376 per year. The tax rate is 39 percent, and we require a 13 percent return on this project. Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within +/-10 percent. What is the NPV of the project in worst-case scenario? (Negative amount should be indicated by a minus sign. Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)

Calculate the duration of a 2 year bond that pays semiannually and has a 7% yield if the coupon rate goes up to 8%.

1.86

1.89

1.92

1.95

None of the Above