partial income statements for Sherwood company summarized for a four year period show the following

2015    2016 2017 2018

net sales    2,200.000    2,600.000    2,700.000 3,200.000

cost of goods sold    1,496.000    1,742.000    1,863.000 2,176.000

gross profit 704.000 858.000 837.000 1,024.000

an audit reveled that in determining these amounts, the ending inventory for 2016 was overstated by $22,000. the inventory balance on December 31, 2017. was accurately stated. the company uses a periodic inventory system

1\ restate the partial income statements to reflect the correct amounts after fixing the inventory error

2\ compute the gross profit percentage for each year (a) before the correction and (b) after the correction

2.a\ does the pattern of gross profit percentage lend confidence to your corrected amount

On June 28, 1997, in Las Vegas, Nevada, heavyweight boxers Mike Tyson and Evander Holyfield met for what was to be a night to remember. During the third round of the fight, a desperate Tyson bit off a piece of Holyfield’s ear. The fight continued until moments later when Tyson bit Holyfield’s other ear.1 Tyson was disqualified, and numerous fans were unhappy with the outcome. Some fans were so outraged they decided to sue Tyson, the fight promoters, and the telecasters, seeking a refund.2 The fans sued on the basis of, among other theories, a claim to being third-party beneficiaries to various contracts into which the defendants had entered.

2. If you were one of the fight promoters, what sorts of contractual duties would you have to the viewers?

Precision Construction entered into the following transactions during a recent year.

Required:

1. 1-a. Complete the table below, for the above transactions. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.)

2. 1-b. Prepare the journal entries for each of the above transactions.

3. 2. For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amortization that Precision Construction should report for the quarter ended March 31. The equipment is depreciated using the double-declining-balance method with a useful life of five years and $48,000 residual value.

4. 3. Prepare a journal entry to record the depreciation and amortization calculated in requirement 2.

Compare and contrast the approaches of Smith, Ricardo, Marx, Veblen, and Schumpeter to an understanding of “the machine” or capital and its development? How does their approach to the machine support their view of economic society, specifically class structure?

How can you determine which compound is a stronger acid/base if neither compound is a strong acid or a strong base? Chapter 16, question 45 c. in chemistry a molecular approach textbook

Discuss the real–world applications where probabilities are used. (Ex. Stock market trading; Medical treatment plans; etc.)

Using Python 3

Write a program that reads the 4letterwords.txt file and outputs a file called 4letterwords.out that has every word found in 4letterwords.txt but each word on one line. Any leading and trailing blank spaces must be removed in the output file.

1. What is Classless Inter-Domain Routing (CIDR) in IP address design?

2. What is Variable-Length Subnet Masking (VLSM) in IP address design?

3. You are given IP address block: 192.168.10.0/26. Identify Network and Host addresses.

4. What is the difference between IP addresses 172.16.10.22 / 255.255.255.224, and 172.16.10.22/224?

5. You are given an IP address 172.16.10.22 / 255.255.255.224.
   1. What is the network portion of 172.16.10.22 / 255.255.255.224 ?

2. How many valid Host IP addresses are available?
3. What’s the valid host IP address range of 172.16.10.22 / 255.255.255.224 ?
   
   1. What is the valid start or the first address of the subnet
      
   2. What is the valid last IP address of the subnet
      
   3. What is broadcast address for all Hosts?
      

Out of the choices provided, which is the best recrystallizing solvent for resorcinol and why?

a. Water

b. Petroleum ether

c. Ethanol

During the mismatch repair of DNA, the repair enzyme

1. will remove several nucleotides on both DNA strands.

2. will remove several nucleotides on one DNA strand.

3. will remove only the mismatched nucleotide.

4. will remove the mismatched nucleotide, and the same enzyme will replace it with the correct nucleotide.

5. is unable to detect mutations.

Problem 16-4 Change in tax rate; record taxes for four years [LO16-1, 16-5]

Zekany Corporation would have had identical income before taxes on both its income tax returns and income statements for the years 2018 through 2021 except for differences in depreciation on an operational asset. The asset cost $130,000 and is depreciated for income tax purposes in the following amounts:

  
The operational asset has a four-year life and no residual value. The straight-line method is used for financial reporting purposes.
  
Income amounts before depreciation expense and income taxes for each of the four years were as follows.
   

  
Assume the average and marginal income tax rate for 2018 and 2019 was 30%; however, during 2019 tax legislation was passed to raise the tax rate to 40% beginning in 2020. The 40% rate remained in effect through the years 2020 and 2021. Both the accounting and income tax periods end December 31.
   
Required:
Prepare the journal entries to record income taxes for the years 2018 through 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Write a procedure of bubble sort to sort the array of byte. This procedure receives
two arguments, firstly it receives the offset of array in SI register, secondly BX
contains number of elements. Write a program that user Enter a single digit
number, these numbers have one space between them, call bubble sort procedure
for sorting the numbers

8086 assembly code

Target Costing

Laser Cast, Inc., manufactures color laser printers. Model J20 presently sells for $525 and has a total product cost of $420, as follows:

It is estimated that the competitive selling price for color laser printers of this type will drop to $500 next year. Laser Cast has established a target cost to maintain its historical markup percentage on product cost. Engineers have provided the following cost reduction ideas:

1. Purchase a plastic printer cover with snap-on assembly, rather than with screws. This will reduce the amount of direct labor by 9 minutes per unit.
2. Add an inspection step that will add six minutes per unit of direct labor but reduce the materials cost by $11 per unit.
3. Decrease the cycle time of the injection molding machine from four minutes to three minutes per part. Thirty percent of the direct labor and 42% of the factory overhead are related to running injection molding machines.

The direct labor rate is $34 per hour.

a. Determine the target cost for Model J20 assuming that the historical markup on product cost and selling price is maintained. Round your final answer to two decimal places.
$

b. Determine the required cost reduction. Enter as a positive number. Round your final answer to two decimal places.
$

c. Evaluate the three engineering improvements together to determine if the required cost reduction (drift) can be achieved. Enter all amounts as positive numbers. Do not round interim calculations but round your final answers to two decimal places.