Define the difference between current and long term liabilities. Creditors use several measures to assess a company's creditworthiness, such as working capital, current ratio, payables turnover, and days' payable. Discuss what these measures are and why it's important to carefully measure cash flows related to current liabilities.
In: Accounting
Discuss the tradeoffs between the following concepts:
In: Operations Management
A university has implemented a new enrollment system. The scenario below outlines the steps to enroll a new student in the university. Perform a system analysis based on the scenario and respond to the questions below. Note-some requirements might not be explicitly stated in the scenario. List all assumptions used for this analysis.
Scenario: Enroll new student in the University
In: Operations Management
Use data from Excel to complete problems 3.1 and 3.2. When you open the file look at the tabs on the bottom left. You will use the data from the “Class_LabScores” tab to answer these questions.
Frequency distribution tables for Dr. Wallace's three statistics courses | ||||||||||
X = quiz scores | ||||||||||
Class 1 | Class 2 | Class 3 | ||||||||
X | f | X | f | X | f | |||||
0 | 3 | 0 | 0 | 0 | 3 | |||||
1 | 0 | 1 | 0 | 1 | 0 | |||||
2 | 0 | 2 | 0 | 2 | 1 | |||||
3 | 2 | 3 | 3 | 3 | 0 | |||||
4 | 3 | 4 | 2 | 4 | 0 | |||||
5 | 6 | 5 | 1 | 5 | 2 | |||||
6 | 4 | 6 | 2 | 6 | 3 | |||||
7 | 2 | 7 | 0 | 7 | 1 | |||||
8 | 3 | 8 | 4 | 8 | 1 | |||||
9 | 2 | 9 | 2 | 9 | 0 | |||||
10 | 1 | 10 | 3 | 10 | 0 | |||||
11 | 4 | 11 | 4 | 11 | 2 | |||||
12 | 3 | 12 | 3 | 12 | 4 | |||||
13 | 8 | 13 | 6 | 13 | 6 | |||||
3.1. Dr. Wallace teaches three statistics labs at three different times of day (1 - morning, 2 - noon, 3 - night). She is curious to find out whether or not time of day is related to student scores on the lab assignments. Frequency distribution tables for each of her three lab classes appear on the “Class_LabScores” tab in the Excel file. Please calculate the following:
Mean for Morning Class 1:
Mean for Noon Class 2:
Mean for Night Class 3:
3.2 Dr. Wallace is preparing a summary of her teaching experience in the statistics lab classes. She only wants to use one number to represent student performance in those classes, so she’ll need to calculate one mean. In addition, she wants to be fair and make sure that every student’s lab score contributes equally to the overall mean. In order to do this, she needs to calculate the weighted mean. Please calculate the following and show work:
Weighted mean for her statistics classes:
In: Math
a python function that reads two text files and merges in to one Linked List, be able to print each Item in the new single Linked List
class Node(object):
item = -1
next = None
def __init__(self, item, next):
self.item = item
self.next = next
================================
textfile!
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2228
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4849
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3440
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347
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4744
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4024
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265
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4439
1807
========
textfile2
4964
157
2374
3617
2833
2413
388
3642
3468
3331
2537
1830
4923
1718
In: Computer Science
Problem 12-92A
Preparation of Ratios
The financial statements for Burch Industries follow:
Burch
Industries Consolidated Income Statements (in thousands, except per share data) |
||||||
Year ended December 31, | ||||||
2019 | 2018 | 2017 | ||||
Revenues | $3,930,984 | $3,405,211 | $3,003,610 | |||
Costs and expenses: | ||||||
Cost of goods sold | $2,386,993 | $2,089,089 | $1,850,530 | |||
Selling and administrative | 922,261 | 761,498 | 664,061 | |||
Interest | 25,739 | 30,665 | 27,316 | |||
Other expenses (income) | 1,475 | 2,141 | (43) | |||
Total costs and expenses | $3,336,468 | $2,883,393 | $2,541,864 | |||
Income before income taxes | $594,516 | $521,818 | $461,746 | |||
Income taxes | 229,500 | 192,600 | 174,700 | |||
Net income | $365,016 | $329,218 | $287,046 |
Burch
Industries Consolidated Balance Sheets (in thousands) |
||||
December 31, | ||||
ASSETS | 2019 | 2018 | ||
Current assets: | ||||
Cash and equivalents | $291,284 | $260,050 | ||
Accounts receivable, less allowance for doubtful accounts of $19,447 and $20,046 | 667,547 | 596,018 | ||
Inventories | 592,986 | 471,202 | ||
Deferred income taxes | 26,378 | 27,511 | ||
Prepaid expenses | 42,452 | 32,977 | ||
Total current assets | $1,620,647 | $1,387,758 | ||
Property, plant, and equipment | $571,032 | $497,795 | ||
Less accumulated depreciation | (193,037) | (151,758) | ||
Net property, plant, and equipment | $377,995 | $346,037 | ||
Goodwill | 157,894 | 110,363 | ||
Other assets | 30,927 | 28,703 | ||
Total assets | $2,187,463 | $1,872,861 | ||
LIABILITIES AND STOCKHOLDERS’ EQUITY |
||||
Current liabilities: | ||||
Current portion of long-term debt | $52,985 | $3,652 | ||
Notes payable | 108,165 | 105,696 | ||
Accounts payable | 135,701 | 134,729 | ||
Accrued liabilities | 138,563 | 134,089 | ||
Income taxes payable | 17,150 | 42,422 | ||
Total current liabilities | $452,564 | $420,588 | ||
Long-term debt | 15,033 | 77,022 | ||
Noncurrent deferred income taxes | 29,965 | 27,074 | ||
Other noncurrent liabilities | 43,575 | 23,728 | ||
Commitments and contingencies | 0 | 0 | ||
Redeemable preferred stock | 300 | 300 | ||
Total liabilities | $541,437 | $548,712 | ||
Stockholders’ equity: | ||||
Common stock at stated value: | ||||
Class A convertible—26,691 and 26,919 shares outstanding | $159 | $161 | ||
Class B—49,161 and 48,591 shares outstanding | 2,720 | 2,716 | ||
Capital in excess of stated value | 108,451 | 93,799 | ||
Treasury stock (common at cost) | (7,790) | (6,860) | ||
Retained earnings | 1,542,486 | 1,234,333 | ||
Total stockholders’ equity | $1,646,026 | $1,324,149 | ||
Total liabilities and stockholders’ equity | $2,187,463 | $1,872,861 |
Use the following data to respond to the requirements
below.
2019 | 2018 | 2017 | |||
Average number of common shares outstanding | 77,063 | 76,602 | 76,067 | ||
Accounts receivable, net | $667,547 | $596,018 | $521,588 | ||
Inventories | 592,986 | 471,202 | 586,594 | ||
Total assets | 2,187,463 | 1,872,861 | 1,708,430 | ||
Stockholders’ equity | 1,646,026 | 1,324,149 | 1,032,789 | ||
Stock repurchases | 930,111 | 581,134 | 288,320 | ||
Cash flows from operating activities | 190,000 | 150,000 | 137,000 | ||
Common dividends paid | 57,797 | 45,195 | 39,555 | ||
Dividends per common share | 0.75 | 0.59 | 0.52 | ||
Market price per share: | |||||
High | 90.25 | 77.45 | 54.50 | ||
Low | 55.00 | 35.12 | 26.00 | ||
Close | 86.33 | 71.65 | 43.22 |
Year ended December 31, | |||
Industry Averages | 2019 | 2018 | |
Return on equity | 25.98% | 23.04% | |
profit margin | 0.05 | 0.04 | |
Asset turnover | 2.24 | 2.56 | |
Leverage | 2.32 | 2.25 |
6. Perform a Dupont analysis for 2018 and 2019. Round your intermediate calculations and final answers to two decimal places.
Dupont Analysis | |
2019 | % |
2018 | % |
In: Finance
In C++, Implement the following class that represents a clock.
Clock
- hour: int
- minute: int
- meridiem: string
+ Clock()
+ Clock(hr: int, min: int, mer: string)
+ setTime(hr: int, min: int, mer: string): void
+ setHour(hr: int): void + setMinute(min: int): void
+ setMeridiem(mer: string): void
+ getHour(): int
+ getMinute(): int
+ getMeridiem(): string
+ void tick()
+ string asString()
+ string asStandard()
Implementation Details:
• The default constructor should set the clock to midnight (12:00 am)
• Hour must be in the range 1 to 12
• Minute must be in the range 0 to 59
• Meridiem must be the string “am” or the string “pm”
• The constructor that accepts a time as parameters and all of the setters (mutators) must perform error checking. If an error is detected, print an appropriate error message and stop the program. The exit() function can be used to stop the program.
• tick() increments the minute value and handles any rollover. For example, a clock currently set to 11:59 am would become 12:00 pm after executing tick() .
• asString() returns the current time in a format suitable for printing to the screen (i.e. 1:05 pm). Note the leading zero for values of minutes less than 10.
• asStandard() returns the current time in 24-hour clock format(i.e. 13:05). Both the hour and minute values should be 2 digit numbers (use a leading zero for values less than 10).
Here are the first few lines of code to get started:
#include <iostream>
#include <string>
#include <sstream>
class Clock {
};
Clock::Clock()
{
setTime(12, 0, "am");
}
And here is the main() that was given to test this:
int main() {
Clock c;
cout << "After default constructor: " << endl;
cout << c.asString() << endl;
cout << c.asStandard() << endl;
c.tick();
c.tick();
cout << "After 2 ticks: " << endl;
cout << c.asString() << endl;
cout << c.asStandard() << endl;
for (int i = 0; i < 185; i = i + 1)
c.tick();
cout << "After 185 more ticks: " << endl;
cout << c.asString() << endl;
cout << c.asStandard() << endl;
cout << endl << endl;
// Continue testing constructors and tick()
// Continue testing getters and setters....
return 0;
}
Example Execution
After default constructor:
12:00am 00:00
After 2 ticks:
12:02am
00:02
After 185 more ticks:
3:07am
03:07
After parameter constructor:
11:59am
11:59
After 2 ticks:
12:01pm
12:01
After 185 more ticks:
3:06pm
15:06
In: Computer Science
what is the biological perspective explanation for the development of psychological disorders?
In: Psychology
Problem 6-55 Amortization with Equal Payments [LO3]
Prepare an amortization schedule for a five-year loan of $61,000. The interest rate is 8 percent per year, and the loan calls for equal annual payments. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank - be certain to enter "0" wherever required.) |
Year | Beginning Balance |
Total Payment |
Interest Payment |
Principal Payment |
Ending Balance |
1 | $ | $ | $ | $ | $ |
2 | |||||
3 | |||||
4 | |||||
5 | |||||
How much interest is paid in the third year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Interest paid | $ |
How much total interest is paid over the life of the loan? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Total interest paid | $ |
In: Finance
I need a SWOT Bivoriate strategy Matrix for Chipotle
In: Operations Management
On May 8, 2015, Jett Company (a U.S. company) made a credit sale to Lopez (a Mexican company). The terms of the sale required Lopez to pay 1,340,000 pesos on February 10, 2016. Jett prepares quarterly financial statements on March 31, June 30, September 30, and December 31. The exchange rates for pesos during the time the receivable is outstanding follow.
May 8, 2015 | $0.1855 |
June 30, 2015 | 0.1864 |
September 30, 2015 | 0.1875 |
December 31, 2015 | 0.1858 |
February 10, 2016 | 0.1897 |
Compute the foreign exchange gain or loss that Jett should report on each of its quarterly statements for the last three quarters of 2015 and the first quarter of 2016
June 30, 2015 | ||
September 30, 2015 | ||
December 31, 2015 | ||
March 31, 2016 |
Compute the amount reported on Jett's balance sheets at the end of its last three quarters
June 30 | |
September 30 |
|
December 31 |
In: Accounting
Having Trouble with this C++ assignment THe places that are marked // TODO is where code should be filled in at
Header (myQueue.h)
#ifndef _MYQUEUE_H_
#define _MYQUEUE_H_
using namespace std;
template
class myQueue {
public:
myQueue(int maxSz);
~myQueue();
void enqueue(T item);
T dequeue();
int currentSize();
bool isEmpty();
bool isFull();
private:
T *contents; /*Dynamic initiate (C++ keyword new) the
holder array*/
int front,rear; /*Index in the array of the front and
rear element*/
int arrayLength; /*The length of the contents holder
array*/
/* Keep in mind that the Queue will
only hold up to (arrayLength - 1) elements*/
};
template
myQueue::myQueue(int maxSz) {
// TODO
}
template
myQueue::~myQueue() {
// TODO
}
template
void myQueue::enqueue(T item) {
// TODO
}
template
T myQueue::dequeue() {
// TODO
}
template
int myQueue::currentSize() {
// TODO
}
template
bool myQueue::isEmpty() {
// TODO
}
template
bool myQueue::isFull() {
// TODO
}
#endif
Queue Test (queueTest.cpp)
#include
#include "myQueue.h"
using namespace std;
int main() {
cout << "Testing the template myQueue, try an
integer queue as an example..." << endl;
cout << "Please enter the max size of the int
queue: ";
int capacity;
cin >> capacity;
myQueue testIntQ(capacity);
while(1) {
cout << "Please enter 'e' for
enqueue, 'd' for dequeue, and 's' for stop." << endl;
char userOption;
cin >> userOption;
if(userOption == 's')
break;
switch(userOption) {
case 'e':
if(!testIntQ.isFull()) {
cout << "Please enter
the integer you want to enqueue: ";
int val;
cin >> val;
testIntQ.enqueue(val);
}
else
cout << "Cannot
enqueue. The queue is full." << endl;
break;
case 'd':
if(!testIntQ.isEmpty())
cout <<
testIntQ.dequeue() << " has been popped out." <<
endl;
else
cout << "Cannot pop.
The queue is empty." << endl;
break;
default:
cout << "Illegal input character for
options." << endl;
}
}
return 0;
}
(40’) In myQueue.h, implement the queue class template, myQueue. Keep in mind, the arrayLength needs to be one more than the capacity of the queue. Also, under this implementation, make sure your calculation of currentSize is correct, and the conditions for “Full” and “Empty” are correct. One shortcut could be: once you make sure currentSize() is implemented correctly, you might use it in isFull() and isEmpty(), and the number of elements in the queue must range from 0 to arrayLength – 1.
In: Computer Science
1. Discuss differences between Corporate Strategy and Business Strategy
2. Reasons for diversification and challenges of diversification
In: Operations Management
Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find selected information necessary to compute some valuation estimates for the firm. Assume the values provided are from year-end 2015. Also assume that the firm’s equity beta is 1.40, the risk-free rate is 2.20 percent, and the market risk premium is 6.4 percent.
a. Using these values, estimate the current share price of Beagle Beauties stock according to the constant dividend growth model. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. If The required return is 12.82 percent. Use the clean surplus relationship to calculate the share price for Beagle Beauties with the residual income model. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Dividends per share | $ | 2.64 | |
Return on equity | 10.00 | % | |
Book value per share | $ | 17.30 | |
Earnings | Cash Flow | Sales | ||||||||
2015 value per share | $ | 5.50 | $ | 6.85 | $ | 25.90 | ||||
Average price multiple | 13.60 | 9.57 | 2.56 | |||||||
Forecasted growth rate | 13.58 | % | 11.66 | % | 7.64 |
% |
In: Finance
What measures can be put in place to identify when IT infrastructure such as virtualised servers would require an upgrade?
In: Computer Science