Based on the financial statements provided, prepare a statement of cash flows for the year ended February 28, 2018.

Now that she is selling mixers and her customers can use credit cards to pay for them, Natalie is thinking of upgrading her website to include the online sale of mixers and payment by credit card. This would enable her to sell these mixers to a wider range of customers using the Internet. Natalie contacts her brother who originally prepared the website for her. He agrees to upgrade the site so it can handle credit card security issues as well as direct order entry. The cost of the upgrade is $1,800. This cost would be incurred and paid for during the month of August 2018, and the upgrade would be operational September 1, 2018. Recall that Natalie’s website had an original cost of $600 and is being amortized using the straight- line method over 24 months, starting December 1, 2017, with zero residual value. Additional costs for website maintenance and insurance are estimated to be $1,200 per year. If Natalie decides to upgrade the website, its useful life will not change and there will be no change in residual value. Instructions:

(a) Prepare the journal entry to record the upgrade.

(b) Calculate the monthly amortization expense before the upgrade and the accumulated amortization and book value on August 31, 2018.

(c) Calculate the revised monthly amortization expense as of September 1, 2018.

(d) Calculate the accumulated amortization and book value on December 31, 2018.

(e) Explain to Natalie the difference in accounting for the website upgrade costs and accounting for the costs incurred for website maintenance and insurance. In your explanation, comment on the generally accepted accounting principles that affect the accounting for these transactions.

In 2018, the Marion Company purchased land containing a mineral mine for $1,670,000. Additional costs of $638,000 were incurred to develop the mine. Geologists estimated that 400,000 tons of ore would be extracted. After the ore is removed, the land will have a resale value of $108,000. To aid in the extraction, Marion built various structures and small storage buildings on the site at a cost of $132,000. These structures have a useful life of 10 years. The structures cannot be moved after the ore has been removed and will be left at the site. In addition, new equipment costing $91,000 was purchased and installed at the site. Marion does not plan to move the equipment to another site, but estimates that it can be sold at auction for $3,000 after the mining project is completed. In 2018, 57,000 tons of ore were extracted and sold. In 2019, the estimate of total tons of ore in the mine was revised from 400,000 to 434,300. During 2019, 91,000 tons were extracted. Required: 1. Compute depletion and depreciation of the mine and the mining facilities and equipment for 2018 and 2019. Marion uses the units-of-production method to determine depreciation on mining facilities and equipment. 2. Compute the book value of the mineral mine, structures, and equipment as of December 31, 2019.

Compute depletion and depreciation of the mine and the mining facilities and equipment for 2018 and 2019. Marion uses the units-of-production method to determine depreciation on mining facilities and equipment. (Round the intermediate calculation to 3 decimal places.)

Q1. Which of the following is directly included in the U.S. GDP for 2020?

i. 2020 Cadillac Escalade produced and sold as a new car in the United States in 2020

ii. tires produced in the United States, purchased by General Motors, and installed on a new Cadillac Escalade sold in 2020

iii. General Motors cars produced in Canada because General Motors is an American corporation.

Q2. As more women decide to work outside the home and therefore hire others to work around their home, GDP will increase by

a. only the value of the output produced by the newly working women.

b. only the value of the household work they are now hiring someone to perform.

c. the value of the output produced by the newly working women plus the value of any household work they are now hiring someone to perform.

d. the value of the output produced by the newly working women minus the value of the household work they were previously performing.

Q3. The base year is 2018. A country only produces Blu-ray players. The price of a Blu-ray player in 2018 was $100. The price of a Blu-ray player was $90 in 2019. The quantity of Blu-ray players produced in 2018 was 10,000 units and in 2019 was 10,500 units. Nominal GDP in 2018 was____, real GDP in 2018 was, nominal GDP in 2019 was _____and real GDP in 2019 equals_____.

Group of answer choices

a. $1,000,000; $1,000,000; $945,000; $1,050,000

b. $1,050,000; $1,000,000; $900,000; $945,000

c. $945,000; $900,000; $1,000,000; $1,050,000

d. $900,000; $945,000; $1,050,000; $1,000,000

c++

Design the Weather class that contains the following members:

Data members to store:

-a day (an integer)

-a month (an integer)

-a year (an integer)

-a temperature (a float)

-a static data member that stores the total of all temperatures (a float)

Member functions:

-a constructor function that obtains a day, month, year and temperature from the user. This function should also accumulate/calculate the total of all temperatures (i.e., add the newly entered temperature to the total).

-a static function that computes and displays the day which has the lowest temperature. Note: An array of Weather objects and the size of the array will be passed to this function.

-a static function that computes and displays the average temperature. This function should use a parameter,if necessary.

Design the main( )function, which instantiates/creates any number of objects of the Weather class as requested by the user (i.e., creates a dynamic array of Weather objects). main( )should also call appropriate functions to compute and display the day that has the lowest temperature, as well as the average temperature.Your program should include all necessary error checking.

A sample run of this program could be as follows:

How many days => 4

Enter day, month, year, temperature => 29 11 2018 15.6

Enter day, month, year, temperature => 30 11 2018 8.7

Enter day, month, year, temperature => 1 12 2018 3.1

Enter day, month, year, temperature => 2 12 2018 3.5

Lowest temperature = 3.1C, Day 1/12/2018

Average temperature = 7.7 C

Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2018. Power Drive has the following transactions affecting stockholders’ equity in 2018.

March 1 Issues 46,000 additional shares of $1 par value common stock for $43 per share.

May 10 Purchases 4,100 shares of treasury stock for $46 per share.

June 1 Declares a cash dividend of $1.05 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.)

July 1 Pays the cash dividend declared on June 1.

October 21 Reissues 2,050 shares of treasury stock purchased on May 10 for $51 per share.

Power Drive Corporation has the following beginning balances in its stockholders’ equity accounts on January 1, 2018: Common Stock, $100,000; Additional Paid-in Capital, $3,600,000; and Retained Earnings, $1,100,000. Net income for the year ended December 31, 2018, is $510,000.

Prepare the stockholders’ equity section of the balance sheet for Power Drive Corporation as of December 31, 2018 and answer the following questions.

a) Determine the amount of common stock to be reported on the December 31 balance sheet.

b) Determine the amount of additional paid-in capital to be reported on the December 31 balance sheet.

c) Determine the amount of total paid-in capital to be reported on the December 31 balance sheet.

d) Determine the amount of total stockholders’ equity to be reported on the December 31 balance sheet.

C++ Assignment.

Design the Weather class that contains the following members:

Data members to store:

- a day (an integer)

- a month (an integer)

- a year (an integer)

- a temperature (a float)

- a static data member that stores the total of all temperatures (a float)

Member functions:

- a constructor function that obtains a day, month, year and temperature from the user. This function should also accumulate/calculate the total of all temperatures (i.e., add the newly entered temperature to the total).

- a static function that computes and displays the day which has the lowest temperature. Note: An array of Weather objects and the size of the array will be passed to this function.

- a static function that computes and displays the average temperature. This function should use a parameter, if necessary.

Design the main( ) function, which instantiates/creates any number of objects of the Weather class as requested by the user (i.e., creates a dynamic array of Weather objects). main( ) should also call appropriate functions to compute and display the day that has the lowest temperature, as well as the average temperature. Your program should include all necessary error checking.

A sample run of this program could be as follows:

How many days => 4

Enter day, month, year, temperature => 29 11 2018 15.6

Enter day, month, year, temperature => 30 11 2018 8.7

Enter day, month, year, temperature => 1 12 2018 3.1

Enter day, month, year, temperature => 2 12 2018 3.5

Lowest temperature = 3.1 C, Day 1/12/2018

Average temperature = 7.7 C

Jaynes Inc. acquired all of Aaron Co.'s common stock on January I, 2017, by issuing 11,000 shares of SI par value common stock. Jaynes' shares had a $17 per share fair value. On that date, Aaron reported a net book value of S120,000. However, its equipment (with a five-year remaining life) was undervalued by $6,000 in the company's accounting records. Any excess of consideration transferred over fair value of assets and liabilities is assigned to an unrecorded patent to be amortized over ten years. The following figures came from the individual accounting records of these two companies as of December 31, 2017Aaton Co.276,000 144,000 Jaynes Inc S 720,000 528,000 Not given 00,000 Revenues Expenses Investment income Dividends paid 60,000 The following figures came from the individual accounting records of these two companies as of December 31, 2018 Aaron Co 336.000 180,000 Jaynes Inc Revenues Expenses Investment income Dividends paid Equipment Retained carnings, 12/31 18 balance 840,000 552,000 Not given 110,000 600,000 50,000 360,000 960.000 216000

A.What was the total for consolidated patents as of December 31, 2018?

B. What was consolidated equipment as of December 31, 2018?

C.What balance would Jaynes' Investment in Aaron Co. account have shown on December 31, 2018, when the equity method was applied for this acquisition?

D. What was consolidated net income for the year ended December 31, 2018?

Please provide solutions and answers

Python Questions

Suppose we run the Python program my_program.py from command line like this:

Python my_program.py 14 CSC121

Which of the following statement in my_program.py will display CSC121?

import sys
print(sys.argv)

import sys
print(sys.argv[0])

import sys
print(sys.argv[1])

import sys
print(sys.argv[2])

1. from datetime import datetime
   dob = datetime(2015, 1, 1)

   Which of the following statements will change year to 2018?

   	A.	dob.year=2018
   	B.	dob.replace(year=2018)
   	C.	dob = dob.replace(year=2018)
   	D.	dob.set_year(2018)

10 points   

QUESTION 4

1. from datetime import datetime
   dob = datetime(2011,12,10)
   today = datetime.now()
   age = today - dob

   What is the type of age?

   	A.	int
   	B.	float
   	C.	datetime
   	D.	timedelta Which of the following functions returns integers between 0 and 20 that are divisible by both 2 and 3? A. def divisible_2_3 (): for i in range(20): if i % 2 == 0 and i % 3 == 0: yield i B. def divisible_2_3 (): for i in range(20): if i % 2 == 0 and i % 3 == 0: return i C. def divisible_2_3 (): seq = [] for i in range(20): if i % 2 == 0 and i % 3 == 0: yield seq D. def divisible_2_3 (): seq = [] for i in range(20): if i % 2 == 0 and i % 3 == 0: return i

Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below.

What is the firm’s 2018 current ratio? Do not round intermediate calculations. Round your answer to two decimal places.

If the industry average debt-to-assets ratio is 30%, then Rosnan’s creditors have a -Select-smallerbiggerCorrect 1 of Item 3 cushion than indicated by the industry average.

What is the firm’s 2018 net profit margin? Do not round intermediate calculations. Round your answer to four decimal places.

%

If the industry average profit margin is 12%, then Rosnan’s lower than average debt-to-assets ratio might be one reason for its high profit margin.
-Select-TrueFalseCorrect 1 of Item 4

What is the firm’s 2018 price/earnings ratio? Do not round intermediate calculations. Round your answer to two decimal places.

Using the DuPont equation, what is the firm’s 2018 ROE? Do not round intermediate calculations. Round your answer to two decimal places.

%