Questions
Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed...

Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 70 units @ $50.40 per unit Mar. 5 Purchase 210 units @ $55.40 per unit Mar. 9 Sales 230 units @ $85.40 per unit Mar. 18 Purchase 70 units @ $60.40 per unit Mar. 25 Purchase 120 units @ $62.40 per unit Mar. 29 Sales 100 units @ $95.40 per unit Totals 470 units 330 units Problem 5-1A Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 180 units from the March 5 purchase; the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)

In: Accounting

(YOU don't need to write the client class I already have it, just need this) You...

(YOU don't need to write the client class I already have it, just need this)

You are provided with Main.java that is a client for this program.

You will create THREE files-- GameCharacter.java, ShieldMaiden.java, and Dragon.java

First: You must Create an interface called GameCharacter WITH JUST PROTOTYPES, NO IMPLEMENTATIONS

A GameCharacter has a few functions associated with it

1) takeHit: decreases the character's health. It should return an int representing damage taken (hit points)

2) heal: increases the character's health. Should return an int representing amount healed (i.e. hit points)

3) getHealth: returns the total current health the character has (i.e. hit points)

4) isAlive: determines if the character is dead. Should return true if the character is dead, and false if not.

Second: Then create two classes. One should be named Dragon, and the other should be named ShieldMaiden (i.e. warrior) that IMPLEMENT Game Character. Give them each private variables for health. The constructor should take in an initial amount to set health to.

Third: Implement the interface functions for these two classes (Dragon and ShieldMaiden). To make the game more interesting, the dragon's takeHit should hurt the dragon a random number from 10 to 20 inclusive and the ShieldMaiden's takeHit should hurt the shieldMaiden a random number from 15 to 25 inclusive. Furthermore, the dragon's heal should only heal the dragon a random number from 1 to 10 inclusive but the ShieldMaiden's heal should heal the ShieldMaiden a random number from 8 to 20 inclusive. A character is dead when they get negative health.

In: Computer Science

planning and strategic planning

planning and strategic planning

In: Computer Science

Name: ($ in millions) Assets December 31, 2016 December 31, 2017 Dollar Change Source or Use...

Name:

($ in millions)

Assets

December 31, 2016

December 31, 2017

Dollar Change

Source or Use Increase/Decrease

Current Assets

Cash

$           400

$           500

Accounts receivable

           1,510

           1,750

Inventory

           1,179

           1,440

Total Current Assets

$       3,089

$        3,690

Fixed assets

Net plant and equipment

$       5,666

$        6,090

Total Assets

$       8,755

$        9,780

Liabilities and Owners' Equity

Current liabilities

Accounts payable

$           880

$           900

Notes payable

                  -  

                  -  

Total Current Liabilities

$           880

$           900

Long-term debt

           1,500

           1,700

Total Liabilities

$       2,380

$        2,600

Stockholder's equity

Common stock and paid-in surplus

$       1,000

$        1,000

Retained earnings

           5,375

           6,180

Total Stockholder's equity

$       6,375

$        7,180

Total liabilities and stockholders' equity

$       8,755

$        9,780

Increase in Cash

Common-size Income Statement

FYE 12/31/2017

Sales

$10,000

100%

Cost of Goods Sold

           5,350

53.5%

Operating Expenses

           2,250

22.5%

Depreciation

           1,100

11.0%

Earnings Before Interest & Taxes

$1,300

13.0%

Interest Expense

              170

1.7%

Taxable Income

$1,130

11.3%

Taxes

              230

2.3%

Net Income

$900

9.0%

Dividends

$95

1.0%

Addition To Retained Earning

$           805

8.1%

Major Source

Major Use

There are 5 Majors

Cash Flow Activity

Compute ratios to 2 decimals except for Working Capital

December 31, 2016

December 31, 2017

Short-term Solvency/Liquidity

Working Capital

Current Ratio

Quick Ratio

Cash Ratio

Long-term Solvency/Leverage

Total Debt Ratio%

Equity multiplier

Times Interest Earned Ratio

Cash Coverage Ratio

Asset Utilization/Turnover

Inventory Turnover

Day's Sales In Inventory

Receivable Turnover

Day's Sales in Receivables

Operating Cycle in days

Total Asset Turnover

Profitability

Profit Margin%

Return on Assets (ROA)%

Return on Equity (ROE)%

ROE - Using Du Point Identity%

Borrowing Rate

According to the Short-Term Solvency ratios, has Corbett Corporation's liquidity improved or declined?

Answer:

Balance Sheets of December 31, 2016 and 2017 and Income Statement for the Year Ended December 31, 2017 are given below. Please complete columns Dollar Change, Source or Use Increase/Decrease, Major Source/Major Use, and Cash Flow Activity to prove Increase or decrease in Cash. Compute Short-term Solvency/Liquidity for both years to answer whether Corbett Enterprises’ liquidity has improved or declined. Also, compute Long-term Solvency, Asset Utilization, and Profitability ratios for 2017 since only the 2017 income Statement is given.

In: Finance

Each of the solvents listed below are used in experiments in this text to extract organic...

Each of the solvents listed below are used in experiments in this text to extract organic compounds from aqueous solutions.

(i)Methylene chloride

(ii)pentane

(iii)Toluene

(iv)Diethyl ether


Will the organic phase be the upper or lower layer when each of these solvents is mixed with water? Explain your an- swer for each case. (b) If you placed an ice cube in each of the solvents i–iv listed above in (a), would you expect an ice cube placed in each to float? Explain your answer for each case

In: Chemistry

You wash dishes for a chemistry laboratory to make extra money for laundry. You earn 12...

You wash dishes for a chemistry laboratory to make extra money for laundry. You earn 12 dollars/hour, and each shift lasts 75 minutes. Your laundry requires 12 quarters/load.

Part A

How many shifts must you work if you wish to wash 10 loads of laundry?

Part B

How many loads of laundry can you wash if you work 3 shifts?

Part C

How many loads of laundry will each shift pay for if the cost per load rises to 16 quarters?

In: Chemistry

For each scenario write the letter for what kind of hypothesis test or confidence interval is...

For each scenario write the letter for what kind of hypothesis test or confidence interval is described. A. One sample z-test for a mean B. One sample t-test for a mean C. Matched pairs difference in means D. Two sample t-test for means independent E. One sample z-test for a proportion F. Two sample z-test for p1-p2 G. None of the above i. _______ An anthropology major believes the distribution of homes per city from the Anasazi Indians is normally distributed with a standard deviation of 12 homes. A random sample of 10 Anasazi cities shows an average of 46 homes. He wants an 85% confidence interval for the true overall average.

In: Math

please read the article 'Exley Chemical Company' and write what was the type of organization in...

please read the article 'Exley Chemical Company' and write what was the type of organization in the company? do you think the company should be organized in other ways ?

In: Mechanical Engineering

Duncan Watts talks about the "small world phenomenon." What does he mean by this and who...

Duncan Watts talks about the "small world phenomenon." What does he mean by this and who did the original research on it?

In: Psychology

Q2.choose any medical complex and answer these: a-Specify the products and services produced and offered to...

Q2.choose any medical complex and answer these:

a-Specify the products and services produced and offered to its customers/clients.

b-Who are regarded as the customers/clients of this medical complex (consider the end users, retailers, other manufacturers, employees, etc.)?

c-Provide the department or division layout of the organization.

(ps. for example, the medical complex dealing with food company( that provide breakfast to employee in this medical complex., they deal with this x company provide medical supplies to its pharmacy ,,they deal with the manufacturers with provide them blah blah  and the end users, retailers are blah blah which blah blah ,you got the idea? pleas answer like this or answer it in your own professional words in 200 or 300 if you can ,, thank you

In: Nursing

3-2 Please provide details and examples How can the long-run average cost (LRAC) curve be derived...

3-2 Please provide details and examples

How can the long-run average cost (LRAC) curve be derived from the short-run average total cost (SRATC) curve? Describe economies of scale and diseconomies of scale. What are the determinants of economies of scale and diseconomies of scale, respectively? Using a real-world company (other than Sysco), explain the causes of economies of scale for your company. How would economies of scale help your company compete in its industry?

In: Economics

Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies...

Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31.

Transactions Units Unit Cost
Beginning inventory, January 1 2,700 $ 45
Transactions during the year:
a. Purchase, January 30 3,050 60
b. Sale, March 14 ($100 each) (2,350 )
c. Purchase, May 1 1,750 75
d. Sale, August 31 ($100 each) (2,000 )


Assuming that for Specific identification method (item 1d) the March 14 sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the sale of August 31 was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1.


Required:

  1. Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods: (Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.)



  1. 2-a. Of the four methods, which will result in the highest gross profit?

  • Last-in, first-out

  • Weighted average cost

  • First-in, first-out

  • Specific identification


  1. 2-b. Of the four methods, which will result in the lowest income taxes?

  • Last-in, first-out

  • Weighted average cost

  • First-in, first-out

  • Specific identification

In: Accounting

a 0.490 g sample of a compound is heated through the successive evolution of the following...

a 0.490 g sample of a compound is heated through the successive evolution of the following gases, all at 1.00atm pressure: 280 ml of h2o vapor at 182ºC, 112ml of ammonia vapor at 273ºC, 0.0225g ofwater at 400ºC and 0.200g of SO3 at 700ºC, At the end of the heating, 0.090 g of FeO remains. Deduce the empirical formula for the compound

In: Chemistry

Please do this operation in "R studio" Please recall the vectors that we created for the...

Please do this operation in "R studio"

Please recall the vectors that we created for the topic "Data Frames".

name = c('Nikola','Albert', 'Marie','Isaac','Graham','Lise', 'Rosalind')
surname = c('Tesla','Einstein','Curie', 'Newton', 'Bell', 'Meitner', 'Franklin')
gender = c('Male','Male','Female','Male','Male','Female','Female')
years = c(87,76,75,84,77,89,81)
field_of_study = c('Engineering','Physics','Chemistry','Physics','Engineering','Physics','Chemistry')

Please check for the function "cut" and use it to create a data frame named "scientists" which has the values

name surname gender years field_of_study years_bin
1 Nikola Tesla Male 87 Engineering (80,90]
2 Albert Einstein Male 76 Physics (70,80]
3 Marie Curie Female 75 Chemistry (70,80]
4 Isaac Newton Male 84 Physics (80,90]
5 Graham Bell Male 77 Engineering (70,80]
6 Lise Meitner Female 89 Physics (80,90]
7 Rosalind Franklin Female 81 Chemistry (80,90]

where "years_bin" attribute is the bin of "years", either "70 to 80" or "80 to 90".

Then please check the function "tapply" to get the averages of the bins like

(70,80] (80,90]
76.00 85.25

Note : Use of functions and methods (such as loops, conditionals) that are not covered yet is forbidden

In: Computer Science

Consider a corporate bond with refunding protection and a different corporate bond with call protection. Briefly...

Consider a corporate bond with refunding protection and a different corporate bond with call protection. Briefly describe a situation in which a company might call a bond but not refund the bond. In other words, describe a situation in which a bond is **Called but not refunded***

In: Accounting