Comparative financial statement data for Carmono Company follow:
| This Year | Last Year | ||||
| Assets | |||||
| Cash | $ | 14.50 | $ | 28.00 | |
| Accounts receivable | 78.00 | 71.00 | |||
| Inventory | 127.50 | 115.60 | |||
| Total current assets | 220.00 | 214.60 | |||
| Property, plant, and equipment | 273.00 | 222.00 | |||
| Less accumulated depreciation | 56.80 | 42.60 | |||
| Net property, plant, and equipment | 216.20 | 179.40 | |||
| Total assets | $ | 436.20 | $ | 394.00 | |
| Liabilities and Stockholders’ Equity | |||||
| Accounts payable | $ | 76.50 | $ | 60.00 | |
| Common stock | 174.00 | 133.00 | |||
| Retained earnings | 185.70 | 201.00 | |||
| Total liabilities and stockholders’ equity | $ | 436.20 | $ | 394.00 | |
For this year, the company reported net income as follows:
| Sales | $ | 1,550.00 |
| Cost of goods sold | 930.00 | |
| Gross margin | 620.00 | |
| Selling and administrative expenses | 600.00 | |
| Net income | $ | 20.00 |
This year Carmono declared and paid a cash dividend. There were no sales of property, plant, and equipment during this year. The company did not repurchase any of its own stock this year.
Required:
1. Using the indirect method, prepare a statement of cash flows for this year.
2. Compute Carmono’s free cash flow for this year.
In: Accounting
The inverse demand equation for the output of a monopolist is P = 50 − 2Q. The monopolist's total cost equation is C(Q) = 100 + 2Q + Q2. What is the deadweight loss at the profit-maximizing output and price?
$48
$64
$16
$32
None of the options.
In: Economics
Considering the Buddhist art we examined from we examined from India, China, and Japan, what might have been an advantage rulers gained by aligning themselves with the various incarnations of Buddhas and/or Bodhisattvas? What might have been a drawback?
In: Psychology
1)Ghana Sewerage Company limited has employed you as a quality
control
supervisor in the laboratory. Domestic waste water is brought to
the company for
treatment. Before waste water treatment the following data was
given to you.
Weight of a dish = 47.6212
100mL of sample is placed in the dish and evaporated. New weight
of dish
and dry soils = 48.5432g
The dish is placed in a 550◦C furnace, then cooled. New weight
=48.4000g
Fine the
a. Total solids
b. Fixed solids
c. Total volatile solids
2)
a. pH is one of the most important controlling factors for
treatment and
chemical analysis of water and wastewater explain.
b. As a water resource engineer for Ghana Water Company why is
turbidity an
important in filtration and disinfection processes?
c. Groundwater usually has higher dissolved solids and surface
water usually
has higher suspended solids explain.
3)
The current regulation state that all fecal liquid waste must be
treated before
discharging into the sea or lagoon. You community has contacted you
as a level
400 second semester civil engineering student to design a waste
stabilization pond for the community to treat fecal liquid waste in
the community. make a sketch of waste stabilization pond and
describe to the community the process of treatment
In: Civil Engineering
This glass had a circular base, radius 2cm and height was 10cm. The opposite base, the opened one where you drink from, was an ellipse having half axes 3cm and 4cm. The intermediate section were ellipse changing smoothly from the circular elliptic shape: any section is an ellipse.
In: Physics
ICMP time expired error messages have two meaning? 1.) TTL expired is one reason 2.) what is the other time expired reason? explain fully with an example if possible.
In: Computer Science
The trick of the balancing fork is mentioned on many web sites. A good one is the one from Harvard University.
Explain the physics behind the balancing Forks in your own words.
Use the words torque, net torque, distance, and pivot in your explanation.
In: Physics
Describe how a pendulum and a mass on a horizontal spring satisfy those conditions (ignore any friction forces); also, include another example of a system that undergoes simple harmonic motion and discuss how it satisfies the conditions mentioned above.
In: Physics
Why is ratio analysis so important when analyzing a company's financial? Please discuss in 150 words or more.
Thank you
In: Finance
1a. Graph the long run position of a firm in monopolistic competition.
1b. Graph the typical monopolistic long run situation.
1c. Compare the two graphs and explain how they are similar.
In: Economics
Federal welfare programs expanded dramatically during President Johnson’s War on Poverty, continuing a prominent government role in welfare since Franklin D. Roosevelt’s New Deal. In 1997, the Aid to Families with Dependent Children (AFDC) was replaced by Temporary Assistance for Needy Families (TANF). Identify the major changes from AFDC to TANF. How does the implementation of block grants introduce considerable variation among the states? Explain the relative advantages and disadvantages of the transition from AFDC to TANF.
In: Economics
3. Suppose that a closed economy could be described by the following set of equations: Production Function: Y = 120K1/3 L2/3
̅̅ Factors of production: K=125; L=1000
̅̅ Government Behavior: G= 3000; T = 2500
Consumption Behavior: C = 400 + 0.8(Y –T)
Investment Behavior: I = 16500 – 1000r
a. Calculate the equilibrium level of output (Y)
b. Prove that the production function has the property of constant
returns to scale.
c. Calculate the marginal product of labor (MPL)
d) Calculate the equilibrium levels of the following variables
(i) Consumption (C)
(ii) Private Savings
(iii) Public Savings
(iv) National Savings (S)
(v) real interest rate (r)
In: Economics
Let's assume that there was some mechanism by which we could remain suspended in air. By this I mean that our feet is not in contact with the ground. One possible way of doing this would be by means of a jetpack. If we could remain suspended in air for a while in this manner, will we be in a different place when we come down, due to the Earth's rotation? When I thought of this problem in the micro scale using a ball (which rotates), it appears like I'll be in a different place when I come down from my suspended state. Am I overlooking something here?
In: Physics
C Programming: Write a program that will guess an integer that the user has picked. Imagine that the user will write down a positive integer x on a piece of paper and your program will repeatedly ask questions in order to guess what x is, and the user replies honestly. Your program will start by asking for an int n, and you must have 1 ≤ x ≤ n. After that, the program will successively guess what x is, and the user must tell the computer if x is equal to the guess (entering ’e’), larger than the guess (entering ’l’), or smaller than the guess (entering ’s’). Your program will guess by maintaining a lower bound (initially 1) and upper bound (initially n) and pick the largest integer equal to or smaller than1 the midpoint of the lower bound and upper bound. If the user responds with ’l’ indicating that x is larger, the guess becomes the new lower bound plus one. If the user responds with ’s’ indicating that x is smaller, the guess becomes the new upper bound minus one. If the user responds with ’e’ indicating that x is the guess, your program will report the number of guesses made and terminate execution:
Example 1)
Enter n: 50
Is your number 25? l
Is your number 38? l
Is your number 44? s
Is your number 41? e
Your number must be 41. I used 4 guesses.
Example 2) Enter n: 9
Is your number 5? s
Is your number 2? l
Is your number 3? s
Error: that’s not possible.
Example 3)
Enter n: -2
Error: n must be positive.
Example 4)
Enter n: 9
Is your number 5? m
Error: invalid input.
Example 5) Enter n: a
Error: invalid input.
In: Computer Science
The freezing point of water is 0.00°C at 1 atmosphere. If 13.93 grams of manganese(II) bromide, (214.7 g/mol), are dissolved in 280.9 grams of water ...
The molality of the solution is _______ m.
The freezing point of the solution is ______ °C.
In: Chemistry