a. If Richardson’s marginal tax rate is 20%, what is the cost of debt?
b. If Richardson’s marginal tax rate is 30%, what is the cost of debt?
X Co. currently sells 400,000 bottles of perfume each year. Each bottle costs P.84 to produce & sells for P1.00. Fixed costs are P28,000 per year. The firm has annual interest expense of P6,000, preferred stock dividends of P2,000 per year before tax.
a. The degree of operating leverage for X Co. is
In: Accounting
In: Math
The gas that comes out of a gasoline stabilizer has the following composition by volume: C3H8 8%, CH4 78%, C2H6 10%, and C4H10 4%. This gas that comes out at 90 ° F and 16 psi of absolute pressure is supplied at the rate of 70,000 ft3 / h to a gas conversion plant, where the following reactions take place:
CnH2n + 2 + n H2O n CO + (2n + 1) H2
CO + H2O CO2 + H2.
CnH2n + 2 gases are converted to 95% and 90% of CO that also reacts, depending on the reactions. Make a process diagram and calculate:
a) Average molecular weight of the gas coming out of stabilizer.
b) Weight of the gas supplied to the conversion plant in lb / h.
c) Weight of the H2 that leaves the converter plate in lb / h.
d) Composition in volume of the gases that leave the converter plant.
Thank you!
In: Other
On December 31, 2015, Valur Co. had the following available-for-sale investment disclosure within the Current Assets section of the balance sheet: 1 Available-for-sale investments (at cost) $145,000.00 2 Plus valuation allowance for available-for-sale investments 40,000.00 3 Available-for-sale investments (at fair value) $185,000.00 There were no purchases or sales of available-for-sale investments during 2016. On December 31, 2016, the fair value of the available-for-sale investment portfolio was $200,000. The net income of Valur Co. was $210,000 for 2016. Compute the comprehensive income for Valur Co. for the year ended December 31, 2016. Refer to the Chart of Accounts and the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. If a net loss is incurred, enter that amount as a negative number using a minus sign.
In: Accounting
41.At 1024°C, the pressure of oxygen gas from the decomposition of copper(II) oxide (CuO) is 0.490 atm: 4CuO(s) ⇆ 2Cu2O(s) + O2(g) (a) What is KP for reaction? (b) Calculate the fraction of CuO decomposed if 0.560 mole of it is placed in a 2.00 L flask at 1024°C. (c) What would be the fraction if a 1.00 mole sample of CuO were used?
40.A quantity of 0.29 mole of carbon dioxide was heated to a certain temperature with an excess of graphite in a closed container until the following equilibrium was reached: C(s) + CO2(g) ⇌ 2 CO(g) Under these conditions, the average molar mass of the gases was 35.9 g/mol. (a) Calculate the mole fractions of CO and CO2. The mole fraction of CO is The mole fraction of CO2 is (b)What is KP if the total pressure is 11.1 atm?
In: Chemistry
The relationship between the amount of remaining carbon monoxide (CO) in an individual’s lungs and the time since that person last smoked a cigarette can be summarized using a linear regression approach.
(a) Write down a simple linear regression model and the underlying assumptions. The following summary data was collected from 12 different smokers. x = time since last smoked a cigarette (hours) y = amount of CO in ppm n=12, x=1.88 sxx =25.8, syy =1805 SSE=877.4 Fitted regression line: ?̂ = ??. ?? − ?. ??? ?
(b) State the values of ? and ? from the fitted regression equation. Not that ? and ? are the estimates of intercept parameter ? and slope parameter ? respectively.
(c) What is the estimated change in the remaining CO in the lungs if the time since last smoked is increased by 1 hour?
(d) State the hypotheses to test the significance of the linear regression.
(e) Compute MSE.
In: Statistics and Probability
Assume that on September 1 Office Depot had an inventory that
included a variety of calculators. The company uses a perpetual
inventory system. During September these transactions
occurred.
Sept. 6 Purchased calculators from Green Box Co. at a total cost of
$1,620, terms n/30.
9 Paid freight of $50 on calculators purchased from Green Box
Co.
10 Returned calculators to Green Box Co. for $38 credit because
they did not meet specifications.
12 Sold calculators costing $520 for $780 to University Book Store,
terms n/30.
14 Granted credit of $45 to University Book Store for the return of
one calculator that was not ordered. The calculator cost $28.
20 Sold calculators costing $570 for $900 to Campus Card Shop,
terms n/30.
Journalize the Septemper transactions? be clear and write every number from where it comes
In: Accounting
The total wage expense for Lake Co. was $152,000. Of this total, $26,000 was above the OASDI wage base limit and not subject to this tax. All earnings are subject to Medicare taxes, and $64,000 was above the federal and state unemployment wage base limits and not subject to unemployment taxes. Please calculate and journalize the total payroll tax expense for Lake Co. given the following rates and wage base limits:
a. FICA tax rate: OASDI, 6.2% with a wage base limit of $127,200; Medicare, 1.45% with no wage base limit
b. State unemployment tax rate 5.4% with a wage base limit of $7,000
c. Federal unemployment tax rate (after credit): 0.6% with a wage base limit of $7,000
Calculate the total payroll tax expense for Lake Co.
|
FICA - OASDI- |
|
|
FICA - Medicare- |
|
|
FUTA- |
|
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SUTA- |
|
|
Total- |
In: Accounting
An ion exchange column containing 99.3 g of amberlite ion exchange resin was used to remove Cu2+ from a solution where Co = 0.452 M CuSO4. The tower height = 30.5 cm and diameter =2.59 cm. The flow rate was 1.37 cm3 solution/s to the tower. The breakthrough data are shown below:
Time (s) C [ g Cu mol/L ]
420 0
480 0.0033
510 0.0075
540 0.0157
600 0.0527
660 0.1063
720 0.1433
780 0.1634
810 0.1722
870 0.1763
900 0.180
The concentration at desired breakthrough is C/Co = 0.010.
Determine the following:
1.1 The breakthrough time.
1.2 Fraction of total capacity used up to the breakthrough point.
1.3 Length of unused bed.
1.4 Saturation loading capacity of the solid adsorbent.
NB: Units of C/Co is gmol/L
In: Chemistry
Assume that on September 1 Office Depot had an inventory that
included a variety of calculators. The company uses a perpetual
inventory system. During September these transactions
occurred.
Sept. 6 Purchased calculators from Green Box Co. at a total cost of
$1,620, terms n/30.
9 Paid freight of $50 on calculators purchased from Green Box
Co.
10 Returned calculators to Green Box Co. for $38 credit because
they did not meet specifications.
12 Sold calculators costing $520 for $780 to University Book Store,
terms n/30.
14 Granted credit of $45 to University Book Store for the return of
one calculator that was not ordered. The calculator cost $28.
20 Sold calculators costing $570 for $900 to Campus Card Shop,
terms n/30.
Journalize the Septemper transactions?
In: Accounting