1. Design and implement a class called RandomArray, which has an integer array. The constructor receives the size of the array to be allocated, then populates the array with random numbers from the range 0 through the size of the array. Methods are required that return the minimum value, maximum value, average value, and a String representation of the array values. Document your design with a UML Class diagram. Create a separate driver class that instantiates a RandomArray object and outputs its contents and the minimum, maximum, and average values.

home / study / business / accounting / accounting questions and answers / 1. windham corporation has current assets of $500,000 and current liabilities of $625,000. ...

Question: 1. Windham Corporation has current assets of $500,000 and current liabilities of $625,000. Windha...

1. Windham Corporation has current assets of $500,000 and current liabilities of $625,000. Windham Corporation's current ratio would be increased by:

2. During the year just ended, the retailer James Corporation purchased $433,000 of inventory. The inventory balance at the beginning of the year was $184,000. If the cost of goods sold for the year was $457,000, then the inventory turnover for the year was:

3. Deflorio Corporation’s inventory at the end of Year 2 was $167,000 and its inventory at the end of Year 1 was $152,000. The company’s total assets at the end of Year 2 were $1,471,000 and its total assets at the end of Year 1 were $1,420,000. Sales amounted to $1,450,000 in Year 2. The company’s total asset turnover for Year 2 is closest to:

4. Mayfield Corporation has provided the following financial data:

5. Freiman Corporation's most recent balance sheet and income statement appear below:

6.

Deacon Corporation has provided the following financial data from its balance sheet and income statement:

	Year 2			Year 1
Total assets	$	1,226,000		$	1,190,000
Total liabilities	$	479,000		$	476,000
Total stockholders' equity	$	747,000		$	714,000
Net operating income (income before interest and taxes)	$	69,127
Interest expense	$	27,000

The company’s times interest earned ratio for Year 2 is closest to:

Irrigation water is supplied in units called acre-feet. Suppose that the marginal cost of supplying each acre-foot of irrigation water is $40, and the market demand for irrigation water is P = 100 - 2q.

i) Graph this market. Assume it is perfectly competitive. ii) What is the privately efficient allocation of irrigation water? iii) Calculate market participants' net benefits. iv) How are net benefits distributed between consumers and producers in this market?

Write an error-free Python program to do the following things.

• The program should prompt the user to input a sequence of numbers (say population of states) and then displays the numbers as a bar chart using asterisks.  

• The numbers must be stored in a list. There will be 6 numbers in total.

• Write a functionto display the output. The program needs to pass the list of numbers to the function and the output is done in the function.  

Sample output:

Enter population for state 1: 5

Enter population for state 2: 4.5

Enter population for state 3: 3

Enter population for state 4: 7

Enter population for state 5: 6

Enter population for state 6: 2

[5.0, 4.5, 3.0, 7.0, 6.0, 2.0]

Display of list values

* * * * * 5.0

* * * * 4.5

* * * 3.0

* * * * * * * 7.0

* * * * * * 6.0

* * 2.0

Eastern Edison Company leased equipment from Low-Tech Leasing on January 1, 2018. Low-Tech recently purchased the equipment at a cost of $222,664.

Other information:
Lease term	3 years
Annual payments	$80,000 on January 1 each year
Life of asset	3 years
Fair value of asset	$222,664
Implicit interest rate	8%
Incremental rate	8%

There is no expected residual value.

Required:
Prepare appropriate journal entries for Low-Tech Leasing for 2018. Assume a December 31 year-end. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amounts.)

Record the entry at the inception of the lease

Record the entry for annual payment receipt

Record the entry for interest revenue

Elixir Corporation has just filed for bankruptcy. Elixir is a holding company whose assets consist of real estate worth $240 million and 100% of the equity of its two operating subsidiaries. It is financed partly by equity and partly by an issue of $560 million of senior collateral trust bonds that are just about to mature. Subsidiary A has issued directly $480 million of debentures and $31 million of preferred stock. Subsidiary B has issued $260 million of senior debentures and $140 million of subordinated debentures. A’s assets have a market value of $580 million and B’s have a value of $316 million. How much will each security holder receive if the assets are sold and distributed strictly according to precedence?

Payoff: (I can't seem to figure out the correct amount for the trust bond)

a. Debenture = 480 million

b. Senior debenture = 260 million

c. Subordinated debenture = 56 millio

d. Trust bond= ?

e. Preferred stock = 31 million

The interior of a refrigerator has a surface area of 4.8 m2. It is insulated by a 2.2 cm thick material that has a thermal conductivity of 0.0115 J/m · s · ◦ C. The ratio of the heat extracted from the interior to the work done

Static budget variable overhead	$7,800
Static budget fixed overhead	$3,900
Static budget direct labor hours	1,300	hours
Static budget number of units	5,200	units

Goldman allocates manufacturing overhead to production based on standard direct labor hours. Last ​month,

Goldman reported the following actual ​results: actual variable​ overhead,

$ 10,200 actual fixed​overhead, $ 2, 830 actual production of 7,100 units at

0.20 direct labor hours per unit. The standard direct labor time is 0.25

direct labor hours per unit ​(1,300 static direct labor hours​/5,200 static​ units).

Requirements

1.	Compute the overhead variances for the​ month: variable overhead cost​ variance, variable overhead efficiency​ variance, fixed overhead cost​ variance, and fixed overhead volume variance.
2.	Explain why the variances are favorable or unfavorable.

Requirement 1. Compute the overhead variances for the​ month: variable overhead cost​ variance, variable overhead efficiency​ variance, fixed overhead cost​ variance, and fixed overhead volume variance.

Begin by selecting the formulas needed to compute the variable overhead​ (VOH) and fixed overhead​ (FOH) variances, and then compute each variance amount.

(Actual cost - Standard cost) x Actual hours	=	VOH cost variance
(Actual hours - Standard hours allowed) x Standard cost	=	VOH efficiency variance
Actual overhead - Budgeted overhead	=	FOH cost variance
Budgeted overhead - Allocated overhead	=	FOH volume variance

=
=
=
=

Enter any number in the edit fields and the

Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which is also the amount of principal to be paid at maturity. The bonds are currently selling for $770. They have 10 years to maturity. Annual interest is 14 percent ($140), paid semiannually.

Compute the yield to maturity. (Do not round intermediate calculation. Use a Financial calculator to arrive at the answers. Round the final answer to 2 decimal places.)

Yield to maturity            %

The center of a cubic hole is found ________

at the center of a simple cubic lattice.

at eight sites within a face-centered cubic lattice.

on the edges of a simple cubic lattice.

at the center of a face-centered cubic lattice.

on the faces of a body-centered cubic lattice.

Exam case study Foreign direct investment in China: A case study from the Yangtze Delta Basin The metropolis of Shanghai dominates the rich, fertile and low-lying plain south of the Yangtze River in China. Within a 150 kilometre radius are also located the major urban centres of Suzhou, Nanjing, Hangzhou and Ningbo. Suzhou is approximately one hour by road from Shanghai and is one of the oldest cities in the Yangtze Delta Basin, with an identifiable history stretching back 2500 years. There is a traditional Chinese saying: ‘There’s paradise in heaven, but Suzhou and Hangzhou on earth’—a reference to Suzhou’s beautiful gardens and canals. In the 1980s Deng Xiaoping’s ‘open door policy’ was adopted in China and provided preferential treatment for coastal regions to develop special economic zones. These themed reforms nurtured economic change and were in line with Deng’s wishes, enabling ‘some people to get rich’ (Isaak 2000). To persuade foreign direct investment to come to Suzhou, policies for the effective leadership of development were enacted. For example, in 1998 L Government, the Jurong Township Corporation (JTC), was appointed to manage the establishment process for what was initially called the Singapore Industrial Park (SIP). Located between Shanghai and Suzhou, SIP became a flagship project for the new generation of ETDZs. The initial investment and control was 65 per cent Singaporean and 35 per cent Chinese, and a specially set up authority managed the ETDZ. It had its own customs house, and was notable for its superior infrastructure and strict environmental controls. However, the success of the Singaporean model became awkward for the Chinese and the local Suzhou municipality. They witnessed the success of the SIP, but had limited share in the wealth being generated. This prompted a flurry of activity for the emergence of another ETDZ on the other side of Suzhou, which created direct competition with the SIP. The Suzhou new district The Suzhou New District (SND) was thus built by the local municipality. SND was first established in 1992, and was considered a ‘high-tech’ ETDZ with a science and technology theme. It promoted a ‘garden-like’ atmosphere with ‘liveable surroundings’. The infrastructure in SND was developed through establishing a banking sector and a mediumrise expatriate living area. The growth of this ETDZ was credited to the development of its infrastructure services. SND established a theme park and invested in recruiting, employment and training industries. The land quality and position of SND was superior to that of the SIP and it was located right beside the city centre of Suzhou, whereas the SIP was, at this time, somewhat more remote. Despite fierce initial rivalry, both ETDZs are now successfully established and are attracting substantial FDI; the local TVEs are booming and local private business is encouraged. Considerations for FDI in the ETDZs While Jiangsu province now boasts a number of development zones, the Suzhou New District and the Suzhou Industrial Park are the main economic and technological development zones in this region. Specific regulations vary within each zone, which provide incentives for foreign direct investment. Important considerations for the ETDZs are the infrastructure (such as water plants, sewage and gas, power supply and ISDN telecommunications) and a preferential tax policy offering favourable terms to foreign investment companies. Furthermore, housing for both expatriates and workers, along with sporting, cultural, dining and shopping precincts, enhances the quality of life for residents living in the region. For example, SND provides incentives for housing local workers and SIP has a waste management plan. The administrative authorities within the zones play an integral role in the operations of the ETDZs and in the activities of enterprises within those zones. To help the facilitation of business by making it easier to obtain the permits and licences required for registration as a foreign enterprise in China, the SIP and SND both promote their ‘one-stop set-up shops’ for foreign enterprises. Promotion portraying the convenience of the residential and recreation facilities is clearly visible. When faced with the depth of regulation, language and cultural differences, and bureaucratic delays in obtaining approvals and registrations, facilities within the ETDZs assist foreign enterprises to start up their operations in China. There are also facilities to conduct major recruitment fairs on behalf of enterprises. Each year these fairs attract graduates from all over China. As part of the process, administration checks, qualification and reference checks, along with additional training, are provided, which streamlines employment for both candidates and enterprises. Cultural differences between the international and local culture prevail. SND is located close to the old city of Suzhou, whereas there is a distinctly more international flavour in the SIP, which hosts a ‘Singapore Square’ along with a tax policy favouring foreign investment. The rapid expansion in the ETDZs also has its drawbacks for foreign direct investors. The infrastructure development has not always kept up with expansion in the zones. Access to essential services, long waiting times for operational components and minimal or reduced social and cultural activities are the consequences of rapid progress. This, in turn, has produced diverse opportunities for local entrepreneurs to seize the chance to capitalise on gaps in economic development. The ETDZs are notable for their ability to assimilate supply chains quickly. Because of the large geographical area of the ETDZs, many small townships are located within them. Township enterprises have begun producing components required by the foreign direct investors. Most of these townships were communes during the Maoist area, meaning that production is still organised along these lines. In many instances, these TVEs were single-product-based and supplied Suzhou and Shanghai with farmed fish, fresh vegetables and craft items. Now, many have changed their production to manufacturing items required further along the supply chain. For example a ‘Technology Township’ in SND designs and provides research and development, then component manufacture, to supply the larger assembly plants located in the ETDZ. Therefore, a distinct logistical chain operates between the ETDZs and Shanghai, with components being manufactured in one location and assembled in another, while sales and marketing offices are situated in Shanghai. Perry and Yeoh (2000) provide a history of the China-Singapore- Suzhou Industrial Park. The authors describe the ETDZ’s success in attracting high-technology firms in the electronics, software, mobile telecommunications and pharmaceuticals sectors, although they also highlight the absence of R&D activities in some cases.

There are three main points to consider in discussion of the ETDZs located near Suzhou in Jiangsu province, China:

1 The area has been selected by China’s central government as region for major growth.

2 Multinational/international companies are established in, and are directly investing in, the region.

3 SMEs and TVEs have established supply chains to help facilitate supply and provide logistical channel support to FDI enterprises.

What forms of advertising and promotion does Walmart use? What role does personal selling fulfill for Walmart?

*Please include resources*

What does taking the derivative of a function tell you about the function? Is a derivative a local property in the sense that you can define the derivative of a function f(x) at x?

What does integrating a function tell you? Is an integral a local property in the sense that you can define the integral of a function f(x) at x?

If you first differentiate a function and then integrate it, are you going to get the same function back that you started with?

1. A Linked List of Integers

File IntList.java contains definitions for a linked list of integers. The class contains an inner class IntNode that holds information for a single node in the list (a node has a value and a reference to the next node) and the following IntList methods:

• public IntList()—constructor; creates an empty list of integers
• public void addToFront(int val)—takes an integer and puts it on the front of the list
• public void addToEnd(int val)—takes an integer and puts it on the end of the list
• public void removeFirst()—removes the first value from the list
• public void print()—prints the elements in the list from first to last

File IntListTest.java contains a driver that allows you to experiment with these methods. Save both of these files to your directory, compile and run IntListTest, and play around with it to see how it works. Then add the following methods to the IntList class. For each, add an option to the driver to test it.

1. public int length()—returns the number of elements in the list
2. public String toString()—returns a String containing the print value of the list.
3. public void removeLast()—removes the last element of the list. If the list is empty, does nothing.
4. public void replace(int oldVal, int newVal)—replaces all occurrences of oldVal in the list with newVal.

Note that you can still use the old nodes; just replace the values stored in those nodes.

// ***************************************************************

// FILE: IntList.java

//

// Purpose: Defines a class that represents a list of integers

//

// ***************************************************************

public class IntList

{

private IntNode front; //first node in list

//-----------------------------------------

// Constructor. Initially list is empty.

//-----------------------------------------

public IntList()

{

front = null;

}

//-----------------------------------------

// Adds given integer to front of list.

//-----------------------------------------

public void addToFront(int val)

{

front = new IntNode(val,front);

}

//-----------------------------------------

// Adds given integer to end of list.

//-----------------------------------------

public void addToEnd(int val)

{

IntNode newnode = new IntNode(val,null);

//if list is empty, this will be the only node in it

if (front == null)

front = newnode;

else

{

//make temp point to last thing in list

IntNode temp = front;

while (temp.next != null)

temp = temp.next;

//link new node into list

temp.next = newnode;

}

}

//-----------------------------------------

// Removes the first node from the list.

// If the list is empty, does nothing.

//-----------------------------------------

public void removeFirst()

{

if (front != null)

front = front.next;

}

//------------------------------------------------

// Prints the list elements from first to last.

//------------------------------------------------

public void print()

{

System.out.println("--------------------");

System.out.print("List elements: ");

IntNode temp = front;

while (temp != null)

{

System.out.print(temp.val + " ");

temp = temp.next;

}

System.out.println("\n-----------------------\n");

}

//*************************************************************

// An inner class that represents a node in the integer list.

// The public variables are accessed by the IntList class.

//*************************************************************

private class IntNode

{

public int val; //value stored in node

public IntNode next; //link to next node in list

//------------------------------------------------------------------

// Constructor; sets up the node given a value and IntNode reference

//------------------------------------------------------------------

public IntNode(int val, IntNode next)

{

this.val = val;

this.next = next;

}

}

}

// ***************************************************************

// IntListTest.java

//

// Driver to test IntList methods.

// ***************************************************************

import java.util.Scanner;

public class IntListTest

{

private static Scanner scan;

private static IntList list = new IntList();

//----------------------------------------------------------------

// Creates a list, then repeatedly prints the menu and does what

// the user asks until they quit.

//----------------------------------------------------------------

public static void main(String[] args)

{

scan = new Scanner(System.in);

printMenu();

int choice = scan.nextInt();

while (choice != 0)

{

dispatch(choice);

printMenu();

choice = scan.nextInt();

}

}

//----------------------------------------

// Does what the menu item calls for.

//----------------------------------------

public static void dispatch(int choice)

{

int newVal;

switch(choice)

{

case 0:

System.out.println("Bye!");

break;

case 1: //add to front

System.out.println("Enter integer to add to front");

newVal = scan.nextInt();

list.addToFront(newVal);

break;

case 2: //add to end

System.out.println("Enter integer to add to end");

newVal = scan.nextInt();

list.addToEnd(newVal);

break;

case 3: //remove first element

list.removeFirst();

break;

case 4: //print

list.print();

break;

default:

System.out.println("Sorry, invalid choice")

}

}

//-----------------------------------------

// Prints the user's choices

//-----------------------------------------

public static void printMenu()

{

System.out.println("\n Menu ");

System.out.println(" ====");

System.out.println("0: Quit");

System.out.println("1: Add an integer to the front of the list");

System.out.println("2: Add an integer to the end of the list");

System.out.println("3: Remove an integer from the front of the list");

System.out.println("4: Print the list");

System.out.print("\nEnter your choice: ");

}

}

Suppose a global recession is underway. Answer the following questions using the money market.

(a) What action will the Fed likely take? How will their interest rate target change? What action will they take to achieve their target?

(b) Using a graph of the money market, what happens on impact in response to that change in policy?

(c) How does the money market transition to the new equilibrium?