Complete the following cost and revenue schedule.

Use the completed cost and revenue schedule to answer the following questions.

a. Use the optimization rule to maximize profit. What rate of output maximizes profit?

b. What is the actual amount of profit at the profit-maximizing level of output you found in (1a)?

7. Dave’s Pizza periodically has a special week-long sale. As part of the advertising campaign Dave’s

runs one or more television commercials during the weekend preceding the sale. Data from a sample of

4 previous sales are shown.

Number of Ads

Weekly Revenue

12

27600

5

13385

9

15486

15

2820

Estimate the slope and intercept for the number of ads and weekly revenue for Dave’s Pizza. (5 points)

Estimate weekly revenue if 17 ads are placed. Explain your answer. (3 points)

how would you answer these questions

Judy Allison sells cellular telephones for Alabama Office Supply in Birmingham. Today she is calling on Bill Taylor, purchasing agent for a large manufacturing firm. Two weeks earlier, she had made her first sales call and had left a demonstrator for the company executives to try out. The previous evening, Bill had called Judy and asked her to come in so he could give her an order. After their initial hellos, the con- versation continued: Buyer: Judy, thanks for coming by today. Our executives really like your equip- ment. Here is an order for four phones. When can you deliver them? Salesperson: Is tomorrow too soon? Buyer: That is perfect. Leave them with Joyce, my secretary. Joyce [ Bill says over the intercom ], Judy will deliver the phones tomorrow. Joyce, I want you to go ahead and take them to Sally, Anne, and Sherri. Women sure understand the use of modern equipment. Salesperson: Bill, thanks for your help. Buyer: Forget it Judy, I wish I could have helped more. Your cellular phones can reduce the “telephone tag” we play with each other and customers. Customers are leaving us because they can’t reach our salespeople when they are out on the road contacting customers. Salesperson: You’re right; many of my customers are going to them for that very reason. Buyer: I know, but some executives still feel they don’t want them. They don’t want their phone to ring when they’re in with a customer. Plus, the cancer scare has them worried. I wish the men in our company felt the same way the women do about using these things.

Question

From the conversation, what potential sales opportunities exist?

Armand Company projects the following sales for the first three months of the year: $10,600 in January; $12,300 in February; and $12,900 in March The company expects 60% of the sales to be cash and the remainder on account. Sales on account are collected 50% in the month of the sale and 50% in the following month. The Accounts Receivable account has a zero balance on January 1. Round to the nearest dollar. 1. Prepare a schedule of cash receipts for Armand for January, February, and March. What is the balance in Accounts Receivable on March 31? 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 60% in the month of the sale, 30% in the month following the sale, and 10% in the second month following the sale. What is the balance in Accounts Receivable on March 31? Solution: Requirement 1 Schedule of Cash Receipts from Customers January February March Total Total Sales $10,600 $12,300 $12,900 $35,800 Cash Receipts from Customers Accounts Receivable Balance, January 1 $0 1st Qtr. - Cash sales (60%) 6,360 1st Qtr. - Collected for sales on credit (20%) 2,120 2nd Qtr. - Collection of remaining amount of Jan. sales (20%) $2,120 2nd Qtr. - Cash sales (60%) 7,380 2nd Qtr. - Collected for sales on credit (20%) 2,460 3rd Qtr. - Collection of remaining amount of Feb. sales (20%) $2,460 3rd Qtr. - Cash sales (60%) 7,740 3rd Qtr. - Collected for sales on credit (20%) 2,580 Total cash receipts from customers $8,480 $11,960 $12,780 $33,220 Calculate and show below the Accounts Receivable Balance as of March 31 Requirement 2 Revised Schedule of Cash Receipts from Customers January February March Total Accounts Receivable balance, March 31: Amount February - Credit sales (finish this . . . .

Exercise 6-19 (Algo) Long-term contract; revenue recognition over time and at a point in time [LO6-9] Assume Nortel Networks contracted to provide a customer with Internet infrastructure for $2,100,000. The project began in 2021 and was completed in 2022. Data relating to the contract are summarized below: 2021 2022 Costs incurred during the year $ 308,000 $ 1,615,000 Estimated costs to complete as of 12/31 1,232,000 0 Billings during the year 390,000 1,640,000 Cash collections during the year 270,000 1,760,000 Required: 1. Compute the amount of revenue and gross profit or loss to be recognized in 2021 and 2022 assuming Nortel recognizes revenue over time according to percentage of completion. 2. Compute the amount of revenue and gross profit or loss to be recognized in 2021 and 2022 assuming this project does not qualify for revenue recognition over time. 3. Prepare a partial balance sheet to show how the information related to this contract would be presented at the end of 2021 assuming Nortel recognizes revenue over time according to percentage of completion. 4. Prepare a partial balance sheet to show how the information related to this contract would be presented at the end of 2021 assuming this project does not qualify for revenue recognition over time.

You are evaluating a s project that develops AI cars. You dont have firm-level data,. For this project, you will need take a top-down valuation approach.
• The revenue of the transportation market is $50 billion dollars in the year of 2019. Its growth rate in 2020 is -5, in 2021 it is 3%, and goes 0%, 0%, 1%, 1%, 2%,2%,2%,2%,2% which ends in 2030.
• The current revenue share of the AI industry in the transportation market is 0%. The revenue share will rise in the year of 2025. It will then stabilize to 40% in the year of 2030.
• 10% is the discount rate in the industry

a. You use linear interpolation to estimate the AI car industry’s revenue share between 2025 to 2030. In 2024 the market share is 0; in 2030, the market share is 40%. From 2025 to 2030 (including 2025 and 2030), the increase in the revenue share relative to the previous year is a constant. What is the AI car industry’s market share as of 2029?
b. What is the AI car industry’s total revenue in 2030?
c. What is the present value of the AI car industry’s total revenue from 2020 to 2030? Discount all cash flows back to the year of 2019 (in billions $)?

a) For the following polynomial; a. Use the Rational Zero Test to list all possible rational roots b. Use Descartes Rule of Signs to provide the possible numbers of positive and negative real roots c. Factor the polynomial completely. ? 3 + 4? 2 + 9? + 36

b) For the following polynomial; d. Use the Rational Zero Test to list all possible rational roots e. Use Descartes Rule of Signs to provide the possible numbers of positive and negative real roots f. Factor the polynomial completely. ? 4 + 3? 3 − 7? 2 − 27? − 18

Belo Corporation is authorized to issue 900,000 shares of $10 par value common stock, and 200,000 shares of 9%, $100 par value preferred stock. On January 1, 2018, the second year of operations, the retained earnings balance was $80,000. During 2018, the company had the following stock transactions.

Jan. 7 ​Issued 150,000 shares of common stock at $15 per share.

May. 5 ​Attorneys for the company accepted 250 shares of common stock as payment for legal services rendered. The legal services are estimated to have a value of $4000

June 1   Issued 10,000 share of preferred a stock at $150 per share.

July 4​Issued 20,000 shares of common stock in exchange for a building. The building was advertised for $200,000. Basil’s Corporation's common stock has been actively traded on the stock exchange at $20 per share at the time of the exchange.

Sept. 1 ​Purchased 10,000 shares of common stock for the treasury at $20 per share.

Oct. 2 ​Sold 4,000 shares of the treasury stock at $21 per share.

Dec. 20 ​Sold 4,000 shares of the treasury stock at $12 per share.

Required: Journalize the 2018 transactions for Basil’s Corporation.