Questions
Crown Co. can produce two types of lamps, the Enlightner and Foglighter. The data on the...

Crown Co. can produce two types of lamps, the Enlightner and Foglighter. The data on the two lamp models are as follows:

Enlightner Foglighter
Sales volume in units 570 470
Unit sales price $ 300 $ 400
Unit variable cost 200 240
Unit contribution margin $ 100 $ 160

It takes one machine hour to produce each product. Total fixed costs for the manufacture of both products are $125,000. Demand is high enough for either product to keep the plant operating at maximum capacity.

Assuming that sales mix in terms of dollars remains constant, what is the breakeven point in dollars? (Round intermediate calculations to 4 decimal places and final answer up to the nearest whole number.)

Multiple Choice

  • $383,459.

  • $213,089.

  • $401,237.

  • $339,489.

  • $1,040,391.

In: Accounting

Analyze how much of the funding should come from debt, and how much from equity. Support...

Analyze how much of the funding should come from debt, and how much from equity. Support your evaluation. Please provide reference

In: Finance

How do trends evolve and move in society? How have trends evolved to shape fashion at...

How do trends evolve and move in society? How have trends evolved to shape fashion at the beginning of the 21st Century? Use specific examples.

In: Psychology

A mass 1 0.400 kg block is released from rest at the top of a frictionless...

A mass 1 0.400 kg block is released from rest at the top of a frictionless track height one=2.90 m above the top of a table. It then collides elastically with a 1.00 kg mass that is initially at rest on the table. Assume a perfectly inelastic equation.

a) Determine the speed of the two masses just after the collision. b. How far away from the bottom of the table does the 1.00 kg mass land, given that the table is 1.60 m high?

In: Physics

PVA (Poly(vinyl alcohol)) 1) Show that the average strand of PVA (MW 78,000) contains approximately 1800...

PVA (Poly(vinyl alcohol))

1) Show that the average strand of PVA (MW 78,000) contains approximately 1800 monomer units.

2) Calculate the approximate length of PVA assuming that each monomer unit contributes two carbon atom diameters to the length (1 carbon atom diameter = 154 pm).

3) Show that 1.00 L of 4% (40g/L) PVA contains approximately 3 x 10^20 PVA strands.

In: Chemistry

Broussard Skateboard's sales are expected to increase by 25% from $8.4 million in 2016 to $10.50...

Broussard Skateboard's sales are expected to increase by 25% from $8.4 million in 2016 to $10.50 million in 2017. Its assets totaled $6 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 3%, and the forecasted payout ratio is 70%. What would be the additional funds needed? Do not round intermediate calculations. Round your answer to the nearest dollar.

In: Finance

The comparative balance sheets for 2018 and 2017 are given below for Surmise Company. Net income...

The comparative balance sheets for 2018 and 2017 are given below for Surmise Company. Net income for 2018 was $76 million.

SURMISE COMPANY
Comparative Balance Sheets
December 31, 2018 and 2017
($ in millions)
2018 2017
Assets
Cash $ 22 $ 31
Accounts receivable 87 102
Less: Allowance for uncollectible accounts (23 ) (5 )
Prepaid expenses 18 14
Inventory 129 109
Long-term investment 122 85
Land 94 94
Buildings and equipment 386 260
Less: Accumulated depreciation (131 ) (104 )
Patent 23 25
$ 727 $ 611
Liabilities
Accounts payable $ 17 $ 38
Accrued liabilities 1 18
Notes payable 44 0
Lease liability 116 0
Bonds payable 62 126
Shareholders’ Equity
Common stock 67 50
Paid-in capital—excess of par 257 205
Retained earnings 163 174
$ 727 $ 611


Required:
Prepare the statement of cash flows of Surmise Company for the year ended December 31, 2018. Use the indirect method to present cash flows from operating activities because you do not have sufficient information to use the direct method. You will need to make reasonable assumptions concerning the reasons for changes in some account balances. A spreadsheet or T-account analysis will be helpful. (Hint: The right to use a building was acquired with a seven-year lease agreement. Annual lease payments of $10 million are paid at January 1 of each year starting in 2018.) (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

In: Accounting

On January 1, 2018, Nguyen Electronics leased equipment from Nevels Leasing for a four-year period ending...

On January 1, 2018, Nguyen Electronics leased equipment from Nevels Leasing for a four-year period ending December 31, 2021, at which time possession of the leased asset will revert back to Nevels. The equipment cost Nevels $839,368 and has an expected economic life of five years. Nevels expects the residual value at December 31, 2021, will be $115,000. Negotiations led to the lessee guaranteeing a $170,000 residual value.

Equal payments under the lease are $215,000 and are due on December 31 of each year with the first payment being made on December 31, 2018. Nguyen is aware that Nevels used a 5% interest rate when calculating lease payments. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)


Required:

1. Prepare the appropriate entries for both Nguyen and Nevels on January 1, 2018, to record the lease.
2. Prepare all appropriate entries for both Nguyen and Nevels on December 31, 2018, related to the lease.

In: Accounting

Problem 12-07 Forecasted Statements and Ratios Upton Computers makes bulk purchases of small computers, stocks them...

Problem 12-07 Forecasted Statements and Ratios Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, ships them to its chain of retail stores, and has a staff to advise customers and help them set up their new computers. Upton's balance sheet as of December 31, 2016, is shown here (millions of dollars): Cash $ 3.5 Accounts payable $ 9.0 Receivables 26.0 Notes payable 18.0 Inventories 58.0 Line of credit 0 Total current assets $ 87.5 Accruals 8.5 Net fixed assets 35.0 Total current liabilities $ 35.5 Mortgage loan 6.0 Common stock 15.0 Retained earnings 66.0 Total assets $122.5 Total liabilities and equity $122.5 Sales for 2016 were $275 million and net income for the year was $8.25 million, so the firm's profit margin was 3.0%. Upton paid dividends of $3.3 million to common stockholders, so its payout ratio was 40%. Its tax rate was 40%, and it operated at full capacity. Assume that all assets/sales ratios, (spontaneous liabilities)/sales ratios, the profit margin, and the payout ratio remain constant in 2017. Do not round intermediate calculations. If sales are projected to increase by $70 million, or 25.45%, during 2017, use the AFN equation to determine Upton's projected external capital requirements. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places. $ million Using the AFN equation, determine Upton's self-supporting growth rate. That is, what is the maximum growth rate the firm can achieve without having to employ nonspontaneous external funds? Round your answer to two decimal places. % Use the forecasted financial statement method to forecast Upton's balance sheet for December 31, 2017. Assume that all additional external capital is raised as a line of credit at the end of the year and is reflected (because the debt is added at the end of the year, there will be no additional interest expense due to the new debt). Assume Upton's profit margin and dividend payout ratio will be the same in 2017 as they were in 2016. What is the amount of the line of credit reported on the 2017 forecasted balance sheets? (Hint: You don't need to forecast the income statements because the line of credit is taken out on last day of the year and you are given the projected sales, profit margin, and dividend payout ratio; these figures allow you to calculate the 2017 addition to retained earnings for the balance sheet without actually constructing a full income statement.) Round your answers to the nearest cent. Upton Computers Pro Forma Balance Sheet December 31, 2017 (Millions of Dollars) Cash $ Receivables $ Inventories $ Total current assets $ Net fixed assets $ Total assets $ Accounts payable $ Notes payable $ Line of credit $ Accruals $ Total current liabilities $ Mortgage loan $ Common stock $ Retained earnings $ Total liabilities and equity $.

In: Finance

A 58 y/o female visits the Health center due to palpitations. Medical background: • H/O myocardial...

A 58 y/o female visits the Health center due to palpitations.

Medical background:

H/O myocardial infarction in the past and with left ventricular failure, on the following medication:
o Valsartan 80 mg OD
o Furosemide 40 mg OD
o Spironolactone 25 mg OD
o Isosorbide dinitrate PRN
History of Dyslipidemia since 10 yrs, on
o Atorvastatin 10 mg OD
Non- Diabetic

History of present illness:

Present condition started few weeks now with palpitations associated with some giddiness, no associated chest pains, cold sweating nor malaise/fever.

Pertinent On Examination:

BP 105/70mmhgPR 96/minRR 21/minTemp: 36.7 C

No anemia

Cardiac: mild tachycardia, irregular rhythm, no murmur

Lungs: Bibasilar crepitation

No edema

ECHO done Ejection fraction 45% with LA and LV, no clots seen

ECG: atrial fibrillation

IMPRESSION:

IHD (ischemic heart disease), CHF(congestive heart failure) , atrial fibrillation w/ normal ventricular respond

INVESTIGATIONS:

a. CBC/LFT/RFT/TFT/CRP/Lipids/Trop I/CKMB if needed
b. Chest XRAY
c. Echo after 6 months to 1 year

Discharge with additional meds:

1. Digoxin 0.25 mg,1 tab OD
2. Aspirin 81 OD

QUESTIONS

1. Explain the pathophysiology process of Myocardial Infraction?
2. Explain how the signs and symptoms of Myocardial Infraction develops.
3. What is the clinical significance of doing cardiac enzymes for the patient with MI?
4. List at least two complications of MI and explain how they develop?

1- write articles for this case.

In: Nursing

Explain what means by barriers of effective listening to your audience?

Explain what means by barriers of effective listening to your audience?

In: Operations Management

You are just 23 years old and you have $10,000 in your retirement saving accounts. You...

You are just 23 years old and you have $10,000 in your retirement saving accounts. You expect to retire at the age of 70 (work for 47 more years) and expect to live for another 30 years after your retirement. On the day you retire, you want to have enough money in our retirement saving accounts such that you are able to draw $10,000 per month for 30 years. You are conservative in your estimate of interest rate and expect to earn on an average 4.25% on your money during the entire period.

(a) How much you need to deposit each month throughout your working years to achieve your post retirement income goal, if you plan to die on the day you spend your last penny?

(b) There is one more complication that you realized only at the last day of your age 35! And the end of your age 55 (in 20 year time), you expect your only kid to join a top notch MBA program. You want to help your kid achieve his/her career goal and you plan to give him/her a onetime grant of $150,000 when he joins the program. How much you need to additionally save each month from age 35 onwards to achieve enough funds at the end of age 70 to meet your original retirement income goal as well as your child’s educational goal?

(c) Suppose your financial situations at age 35 is such that you cannot increase your monthly savings in the pension account. If you still want to give your kid a onetime grant of $150,000 at the end of your age 55, how much reduction in your post retirement monthly income you have to absorb in order to accommodate the additional expenditure of $150,000.

In: Finance

Baker has been assigned to research the literature for a possible solution to a major operational...

Baker has been assigned to research the literature for a possible solution to a major operational problem at his employer. Baker spends many weeks searching the literature and finds a common solution theme for similar problems at various companies in various industries. Baker is somewhat dubious that the commonly reported solution would actually work at his employer. He has been thinking, and has a thought about a different solution that has never been tried before. He must report to the Board of Directors in three days. They are a no-nonsense Board and they expect results. The operational problem must be solved. What should Baker do?

In: Operations Management

. What issues are most important when recruiting participants for an experiment? Include ethical issues that...

. What issues are most important when recruiting participants for an experiment? Include ethical issues that should be addressed.

What are differences between random selection and random assignment?

What is an independent-groups experiment? Describe two procedures for random assignment used in an independent-groups experiment.

What is a dependent-groups experiment? Describe two procedures for random assignment used in a dependent-groups experiment.

In: Psychology

what are the effects of leveling income inequality on developing states in the 21st century? (answer...

what are the effects of leveling income inequality on developing states in the 21st century?

(answer in 200 word paragraph)

In: Economics