Timmins Company of Emporia, Kansas, spreads herbicides and
applies liquid fertilizer for local farmers. On May 31, 2020, the
company’s Cash account per its general ledger showed a balance of
$6,100.50.
The bank statement from Emporia State Bank on that date showed the
following balance.
Emporia State Bank | |||||||
Checks and Debits | Deposits and Credits | Daily Balance | |||||
XXX | XXX | 5-31 | 7,209.60 |
A comparison of the details on the bank statement with the details
in the Cash account revealed the following facts.
1. | The statement included a debit memo of $50 for the printing of additional company checks. | ||
2. | Cash sales of $983.36 on May 12 were deposited in the bank. The cash receipts entry and the deposit slip were incorrectly made for $1,043.36. The bank credited Timmins Company for the correct amount. | ||
3. | Outstanding checks at May 31 totaled $53.55, and deposits in transit were $1,830.45. | ||
4. | On May 18, the company issued check No. 1181 for $671 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Timmins Company for $617. | ||
5. | $3,900 was collected by the bank for Timmins Company on May 31 through electronic funds transfer. | ||
6. | Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $480 that was incorrectly charged to Timmins Company by the bank. | ||
7. |
On May 31, the bank statement showed an NSF charge of $370 for a check issued by Sara Ballard, a customer, to Timmins Company on account. Prepare the bank reconciliation at May 31, 2020. (List items that increase cash balance first.) |
In: Accounting
Explain why selection sort can be viewed as a divide and conquer algorithm. Compare selection sort with insertion sort with respect to performance (consider worst case and best case running times).
In: Computer Science
Calculation of individual costs and WACC Dillon Labs has asked its financial manager to measure the cost of each specific type of capital as well as the weighted average cost of capital. The weighted average cost is to be measured by using the following weights: 30% long-term debt, 10% preferred stock, and 60% common stock equity (retained earnings, new common stock, or both). The firm's tax rate is 26%.
Debt The firm can sell for $1030 a 20-year, $1,000 -par-value bond paying annual interest at a 7.00% coupon rate. A flotation cost of 2.52% of the par value is required.
Preferred stock 10.00% (annual dividend) preferred stock having a par value of $100 can be sold for $96 . An additional fee of $2 per share must be paid to the underwriters.
Common stock The firm's common stock is currently selling for $90 er share. The stock has paid a dividend that has gradually increased for many years, rising from $2.25 ten years ago to the $3.67 dividend payment D0, that the company just recently made. If the company wants to issue new new common stock, it will sell them $2.00 below the current market price to attract investors, and the company will pay $3.50 per share in flotation costs.
a. Calculate the after-tax cost of debt.
b. Calculate the cost of preferred stock.
c. Calculate the cost of common stock (both retained earnings and new common stock).
d. Calculate the WACC for Dillon Labs.
In: Finance
Research and explain the purpose of one law that governs computer access, intellectual property (IP), or personally identifiable information (PII) in supporting an organization's business strategy.
Examples of applicable laws include:
Discuss strategic management strategies used to address the moral and ethical challenges and responsibilities these laws place on organizations. Provide specific examples to support your ideas.
In: Computer Science
2018 | 2017 | 2016 | 2015 | 2014 | Average | ||
Sales | A | 4.22% | 2.22% | 2.40% | 6.99% | 3.96% | |
B | 6.53% | 6.30% | 4.23% | 11.91% | 7.25% | ||
C | -0.56% | -0.34% | 3.58% | 9.17% | 2.96% | ||
Gross Profit | A | 4.01% | 3.26% | 3.84% | 5.77% | 4.22% | |
B | 5.88% | 8.71% | 3.13% | 11.18% | 7.23% | ||
C | 0.96% | 0.97% | 1.14% | 8.75% | 2.96% | ||
Net Income | A | -26.02% | 45.85% | 56.18% | 1.17% | 19.30% | |
B | -23.31% | 78.39% | 4.34% | 9.36% | 17.20% | ||
C | -8.99% | 0.76% | -2.70% | 5.69% | -1.31% | ||
Total Assets | A | 2.67% | 9.17% | 1.48% | 6.16% | 4.87% | |
B | 2.89% | 19.85% | 11.54% | 10.86% | 11.29% | ||
C | 3.81% | 1.32% | 7.57% | 13.79% | 6.62% | ||
Total Liabilities/Debt | A | 78.09% | 76.92% | 79.15% | 79.12% | 76.39% | 77.93% |
B | 76.10% | 77.34% | 80.09% | 77.10% | 76.74% | 77.47% | |
C | 74.89% | 77.26% | 77.53% | 75.42% | 75.33% | 76.09% | |
Total Equity | A | 21.91% | 23.08% | 20.85% | 20.88% | 23.61% | 22.07% |
B | 23.67% | 22.36% | 19.59% | 22.34% | 22.87% | 22.17% | |
C | 25.11% | 22.74% | 22.74% | 24.58% | 24.67% | 23.97% |
Make a conclusion about A's performance in comparison to B's and C's
In: Accounting
In: Nursing
In: Finance
I need some information on how to show the code to create a JSON data structure with food, calories, fat, protein. while using PHP.
as well as be able to add an additional value through a text box if possible. The program only needs to read the json data in program and show output in the console
I would like the data to be shown in a table once its been compiled.
In: Computer Science
In the following problem, check that it is appropriate to use
the normal approximation to the binomial. Then use the normal
distribution to estimate the requested probabilities.
Do you try to pad an insurance claim to cover your deductible?
About 45% of all U.S. adults will try to pad their insurance
claims! Suppose that you are the director of an insurance
adjustment office. Your office has just received 126 insurance
claims to be processed in the next few days. Find the following
probabilities. (Round your answers to four decimal places.)
(a) half or more of the claims have been padded
(b) fewer than 45 of the claims have been padded
(c) from 40 to 64 of the claims have been padded
(d) more than 80 of the claims have not been padded
In: Math
Consider the following information regarding the performance of a money manager in a recent month. The table presents the actual return of each sector of the manager’s portfolio in column (1), the fraction of the portfolio allocated to each sector in column (2), the benchmark or neutral sector allocations in column (3), and the returns of sector indexes in column (4). (1) Actual Return (2) Actual Weight (3) Benchmark Weight (4) Index Return Equity 2.8% 0.40 0.30 2.9% (S&P 500) Bonds 1.1 0.40 0.50 1.8 (Aggregate Bond Index) Cash 0.9 0.20 0.20 0.9 a-1. What was the manager’s return in the month? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Manager’s return 0.36 % a-2. What was her over or underperformance? (Input the value as positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) % b. What was the contribution of security selection to relative performance? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Contribution of security selection % c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Contribution of asset allocation %
In: Accounting
Q1: __________ is a prioritized list of project requirements or features that provide business value for the customer. Items can be added to it at any time (this is how changes are introduced). The product manager assesses it and updates priorities as required.
A. Sprint
B. Scrum
C. Backlog D. Prototype
Q2: Software is developed or engineered; it is not manufactured in the classical sense. True
False
Q3: Briefly explain modeling activity in software engineering.
In: Computer Science
Determine the before and after-tax return from each of the following trades. Assume a
marginal tax rate of 40%.
a. You purchase a bond today that has a quoted price of 94.455/94.695, a fixed coupon
rate of 6% (paid quarterly) which last paid a coupon 40 days prior. You sell the
bond in exactly one year for a quoted price of 97.565/97.950.
b. You purchased a newly issued bond one year ago. At the time of issuance, the bond
was sold by the company for par, had a coupon rate of 5.5% (paid semi-annually)
and 10 years to maturity. The YTM on the bond today is 6.25% and you sell it.
In: Finance
Use the Hazen-Williams equation and the Manning equation to calculate the flow rate for problem 3.5.7 which was solved using the Darcy-Weisbach equation and yielded Q = 78.8 m^3/sec. Compare the results and discuss the differences. Assume minor losses are negligible and verify your results with computer software.
In: Civil Engineering
Part I: Scenario You have been asked to configure a new network for a client. This will require you to install and configure routers, switches, DHCP, web and DNS servers.
You will use the following network address to subnet for the network: Network 1: 192.168.10.0 subnet mask: 255.255.255.0
1. Subnet the given network to provide at least 5 subnets, and the maximum number of hosts per subnet. Complete the following:
Subnet 1: Network address: ______.______.______.______ / _____ First Host: ______.______.______.______ Last Host: ______.______.______.______ Broadcast: ______.______.______.______
Subnet 2: Network address: ______.______.______.______ / _____ First Host: ______.______.______.______ Last Host: ______.______.______.______ Broadcast: ______.______.______.______
Subnet 3: Network address: ______.______.______.______ / _____ First Host: ______.______.______.______ Last Host: ______.______.______.______ Broadcast: ______.______.______.______
Subnet 4: Network address: ______.______.______.______ / _____ First Host: ______.______.______.______ Last Host: ______.______.______.______ Broadcast: ______.______.______.______
Subnet 5: Network address: ______.______.______.______ / _____ First Host: ______.______.______.______ Last Host: ______.______.______.______ Broadcast: ______.______.______.______
In: Computer Science
please write 1000 words about differences between Facebook and twitter in public relation
In: Operations Management