Graffiti Advertising, Inc., reported the following financial statements for the last two years.
  

a. Calculate the operating cash flow. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Operating cash flow            $
  
b. Calculate the change in net working capital. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Change in net working capital            $
  
c. Calculate the net capital spending. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Net capital spending            $
  
d. Calculate the cash flow from assets. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow from assets            $

e. Calculate the cash flow to creditors. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow to creditors            $

f. Calculate the cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow to stockholders            $

Graffiti Advertising, Inc., reported the following financial statements for the last two years.
  

a. Calculate the operating cash flow. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Operating cash flow            $
  
b. Calculate the change in net working capital. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Change in net working capital            $
  
c. Calculate the net capital spending. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Net capital spending            $
  
d. Calculate the cash flow from assets. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow from assets            $

e. Calculate the cash flow to creditors. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow to creditors            $

f. Calculate the cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow to stockholders            $

5. The U.S. economy is at full employment when strong economic growth in Asia increases the demand for​ U.S.-produced goods and services.

The Fed​ ______ face a tradeoff in the short run because​ ______.

A. does​ not; it will move both real GDP and the price level back to their desired levels

B. does​ not; it is impossible to decrease real GDP and the price level simultaneously

C. ​does; it must increase real GDP and decrease the price level simultaneously

D. does; it must decrease real GDP and increase the price level simultaneously

E. does​ not; a tradeoff is a​ long-run phenomena

6. The three ways in which the U.S. fiscal imbalance might be successfully addressed are​ _______.

A. raising income​ taxes, raising Social Security​ taxes, and cutting Social Security benefits

B. keep borrowing by selling government​ bonds, cutting Social Security​ benefits, and eliminate the Affordable Care Act

C. eliminating the generational​ imbalance, cutting other government​ spending, and raising Social Security taxes

D. raising income​ taxes, cutting other government​ spending, and keep borrowing by selling government bonds

7. Fiscal policy is the use of the federal budget to​ _______.

A. achieve the macroeconomic objectives of positive economic growth and zero unemployment

B. finance government activities

C. achieve the macroeconomic objectives of high and sustained economic growth and full employment

D. keep interest rates low and steady

8. A cut in the income tax rate​ ________ the tax wedge and​ ________ employment,​ saving, and investment.

A. does not​ change; increases   B. increases; increases C. ​decreases; does not change D. increases; decreases E. decreases; increases

9. Read Eye on Fiscal Stimulus.

How big was the fiscal stimulus package of​ 2008-2009, how many jobs was it expected to​ create, and how large was the multiplier implied by that​ expectation?

Did the stimulus​ work?

The fiscal stimulus package of 2008–2009 was​ ___？____.

The fiscal stimulus package of 2008–2009 was expected to create​ ____？___ jobs. The multiplier implied by that expectation is​ ___？____.

The stimulus​ _______ the expectations of the Obama administration because​ _______.

A. did not​ meet; Congress failed to spend all of the fiscal stimulus

B. met; 650,000 jobs were created by using a combination of discretionary and automatic fiscal policy

C. ​met; the multiplier was much smaller than 1.6

D. did not​ meet; the multiplier was much smaller than 1.6

[The following information applies to the questions displayed below.]
Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $13. At the start of January 2018, VGC’s income statement accounts had zero balances and its balance sheet account balances were as follows:

In addition to the above accounts, VGC’s chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month:

1. Received $57,500 cash from customers on 1/1 for subscriptions that had already been earned in 2017.
2. Purchased 10 new computer servers for $42,800 on 1/2; paid $16,400 cash and signed a three-year note for the remainder owed.
3. Paid $15,300 for an Internet advertisement run on 1/3.
4. On January 4, purchased and received $3,250 of supplies on account.
5. Received $205,000 cash on 1/5 from customers for service revenue earned in January.
6. Paid $3,250 cash to a supplier on January 6.
7. On January 7, sold 17,300 subscriptions at $13 each for services provided during January. Half was collected in cash and half was sold on account.
8. Paid $400,000 in wages to employees on 1/30 for work done in January.
9. On January 31, received an electric and gas utility bill for $6,300 for January utility services. The bill will be paid in February.

2. Prepare journal entries for the January transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
3. Enter the beginning balances shown above in the following T-accounts and post the journal entries.
4. Prepare an unadjusted trial balance as of January 31, 2018.

Group Exercise #7

The tourist industry is subject to enormous seasonal variation.   A hotel in Bermuda has recorded its occupancy rate for each quarter over a 5-year period.    These data are shown in the following table:

1. Calculate the seasonal indices for each quarter in order to measure seasonal variation.     Also, include the Trend Line Equation. (Hint:   Because the regression line yt = β0 + β1t    represents trend, it follows that the time series divided by the predicted values produces ytyt = S_t X R_tà seasonal & random variation.   And, because there is no cyclical effect, use this method to compute seasonal indices.)

2. What can you infer from the Seasonal Indices?

3. Deseasonalize the occupancy rates and assess.   (Hint:   Graphically compare the original and adjusted data sets.   Accordingly, provide data-supported inference/s.)

4. Forecast each quarter’s occupancy rate for 2000.

5. As an alternative to calculating and using seasonal indices to measure seasonal variations, indicator variables can be used in a multiple regression model.   Accordingly, use indicator variables and regression analysis to forecast hotel occupancy in 2000.   How does this compare to the forecast produced by using seasonal indices?  

For Java

3.25 LAB: Exact change

Write a program with total change amount in pennies as an integer input, and output the change using the fewest coins, one coin type per line. The coin types are Dollars, Quarters, Dimes, Nickels, and Pennies. Use singular and plural coin names as appropriate, like 1 Penny vs. 2 Pennies.

Ex: If the input is:

0

the output is:

No change

Ex: If the input is:

45

the output is:

1 Quarter
2 Dimes 

270738.1591718

LAB ACTIVITY

3.25.1: LAB: Exact change

What did I do wrong here?

My Code:

import java.util.Scanner;

public class LabProgram {
public static void main(String[] args) {
Scanner scnr = new Scanner(System.in);
  
int num_Pennies;
int num_Nickels;
int num_Quarters;
int num_Dollars;
  
num_Pennies = scnr.nextInt();
  
if (num_Pennies == 0){
System.out.println("No Change");
}
else {
num_Dollars = num_Pennies / 100;
num_Quarters = ((num_Pennies - (num_Dollars * 100)) / 25);
num_Dimes = (num_Pennies - ((num_Dollars * 100) + (num_Quarters * 25))/ 10 );
num_Nickels = (num_Pennies - ((num_Dollars * 100) + (num_Quarters * 25) + (num_Dimes * 10)) / 5 );
num_Pennies = (num_Pennies - ((num_Dollars * 100) + (num_Quarters * 25) + (num_Dimes * 10) + (num_Nickels * 5)) / 5 );
if (num_Dollars == 1) {
System.out.println(num_Dollars + "Dollar");
}
else {
System.out.println(num_Dollars + "Dollars");
}
if (num_Quarters == 1) {
System.out.println(num_Quarters + "Quarter");
}
else {
System.out.println(num_Quarters + "Quarter");
}
if (num_Dimes == 1) {
System.out.println(num_Dimes + "Dime");
}
else {
System.out.println(num_Dimes + "Dimes");
}
if (num_Nickels == 1) {
System.out.println(num_Nickels + "Nickel");
}
else {
System.out.println(num_Nickel + "Nickels");
}
if (num_Pennies == 1) {
System.out.println(num_Pennies + "Penny");
}
else {
System.out.println(num_Pennies + "Pennies");
}

}
}

Problem 12-11 (Algorithmic)

Over a five-year period, the quarterly change in the price per share of common stock for a major oil company ranged from -7% to 10%. A financial analyst wants to learn what can be expected for price appreciation of this stock over the next two years. Using the five-year history as a basis, the analyst is willing to assume that the change in price for each quarter is uniformly distributed between -7% and 10%. Use simulation to provide information about the price per share for the stock over the coming two-year period (eight quarters).

1. Use the random numbers 0.46, 0.91, 0.15, 0.17, 0.50, 0.74, 0.40 and 0.51 to simulate the quarterly price change for each of the eight quarters. If required, round your answers to two decimal places. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300)
   

   Quarter	r	Return %
   1	0.46	%
   2	0.91	%
   3	0.15	%
   4	0.17	%
   5	0.50	%
   6	0.74	%
   7	0.40	%
   8	0.51	%

2. If the current price per share is $80, what is the simulated price per share at the end of the two-year period? If required, round your answer to two decimal places.
   
   $   
   
3. Discuss how risk analysis would be helpful in identifying the risk associated with a two-year investment in this stock.
   
   Risk analysis requires multiple simulations  of the eight-quarter, two-year period, which would then provide a distribution of the ending price per share.

Big Daddy Ltd. is a company that manufactures an abdominal exerciser called The DadBod Toner. The following information is for three of the company's activities in 2018:

                                                                                        Rate per Output unit/Batch

                                                                      Static                                             Actual

  Activity               Activity Level      Cost Driver                Budget             Cost

Manufacturing       Output unit    Machine hours               $1.10             $1.20

Inspecting                     Batch          Inspection hours          $14.00             12.50

Packaging                      Batch          Packaging hours            $5.75             $5.40

The output measure is the number of units produced.

                                                                                                       Static          Actual

                                                                                                     Budget        Amount

Number of units produced                                                   48,000           49,200

Number of machine hours                                                    12,000           12,300

Batch size in terms of units produced:

        Inspection                                                                                  4                     3

        Packaging                                                                                15                   16

Required:

a.     Calculate the flexible-budget variance for each activity in 2018.

b.     Calculate the price and efficiency variances for each activity in 2018.

2, Tripp Company sells three products with the following seasonal sales pattern:

                                         Products

  Quarter            X                Y                Z

       1                  40%         30%          10%

       2                  30%          20%          40%

       3                  20%          20%          40%

       4                  10%          30%          10%

The annual sales budget shows forecasts for the different products and their expected selling price per unit as follows:

Product           Units          Selling Price

      X                 40,000                  $ 3

      Y                 100,000              $12

      Z                 50,000                  $ 5

Required:

Prepare a revenue budget in dollars for each quarter. Present each quarter in a separate column and add a column to show total year sales.