Questions
The cost of the fine European mixers is expected to increase. Natalie has just negotiated new...

The cost of the fine European mixers is expected to increase. Natalie has just negotiated new terms with the owner of Kzinski Supply Company, which will include shipping costs in the negotiated purchase price (mixers will be shipped free on board (FOB) destination). Assume that Natalie has decided to use a periodic inventory system and now must choose a cost flow assumption for her mixer inventory. The transactions listed below occur in February to May 2020.

Feb. 2: Natalie buys two deluxe mixers on account from Mixer Supply Company for $1,200 ($600 each), FOB destination, terms n/30.

Feb. 16: She sells one deluxe mixer for $1,150 cash.

Feb. 25: She pays the amount owed to Mixer Supply Company.

Mar. 2: She buys one deluxe mixer on account from Mixer Supply Company for $618, FOB destination, terms n/30.

Mar. 30 : Natalie sells two deluxe mixers for a total of $2,300 cash. Mar. 31: She pays the amount owed to Kzinski Supply Company.

Apr. 1 : She buys two deluxe mixers on account from Mixer Supply Company for $1,224 ($612 each), FOB destination, terms n/30.

Apr. 13: She sells three deluxe mixers for a total of $3,450 cash.

Apr. 30: Natalie pays the amount owed to Mixer Supply Company.

May 4: She buys three deluxe mixers on account from Mixer Supply Company for $1,875 ($625 each), FOB destination, terms n/30.

May 27: She sells one deluxe mixer for $1,150 cash.

For Part II, determine the cost of goods available for sale. You will recall from Chapter 5 (see Part I above) that at the end of January, Cookie Creations had three mixers on hand at a cost of $575 each. For Part II of the assignment, you will calculate the following items: ·

ending inventory,

cost of goods sold,

gross profit,

and gross profit rate under each of the following methods: last-in,

first-out (LIFO);

first-in, first-out (FIFO);

and average cost.

(If anyone can help me with part II that will be great)

In: Accounting

Please list the African American views and beliefs surrounding pregnancy and childbirth based on a. religious...

Please list the African American views and beliefs surrounding pregnancy and childbirth based on

a. religious beliefs

b. superstitious beliefs (if any)

c. practices or customs regarding how the pregnant mother, father, and family behave concerning prenatal care.

d. family practices regarding nurturing and protection of the fetus during pregnancy

e. family practices regarding nurturing and protection of the baby when it's born

In: Psychology

Knowledge Management Discuss with examples the major KM objectives and how specific KM initiatives can be...

Knowledge Management

  • Discuss with examples the major KM objectives and how specific KM initiatives can be implemented to address them.
  • Illustrate the major elements of a KM strategy and discuss the processes involved in each step.

In: Operations Management

What is the most expensive distribution activity? Explain how this activity works. What are the key...

What is the most expensive distribution activity? Explain how this activity works.

What are the key support functions for a successful execution of distribution?

In: Operations Management

Harmer Inc. is now a successful company. In the early days (before it became profitable), it...

Harmer Inc. is now a successful company. In the early days (before it became profitable), it issued ISOs to its employees. Now Harmer is trying to decide whether to issue NQOs or ISOs to its employees. Initially, Harmer would like to give each employee 20 options (each option allows the employee to acquire one share of Harmer stock). For purposes of this problem, assume that the options are exercised in three years (three years from now) and that the underlying stock is sold in five years (five years from now). Assume that taxes are paid at the same time the income generating the tax is recognized. Also assume the following facts: (Leave no answer blank. Enter zero if applicable.) The after-tax discount rate for both Harmer Inc. and its employees is 10 percent. The Corporate tax rate is 21 percent. The Personal (employee) ordinary income rate is 37 percent. The Personal (employee) long-term capital gains rate is 20 percent. The Exercise price of the options is $7. The Market price of Harmer at date of grant is $5. The Market price of Harmer at date of exercise is $25. The Market price of Harmer at date of sale is $35. Answer the following questions: Problem 12-32 Part a a. Considering these facts, which type of option plan, NQO or ISO, should Harmer Inc. prefer?

b. Assuming Harmer issues NQOs, what is Harmer’s tax benefit from the options for each employee in the year each employee exercises the NQOs? (Round your final answer to nearest whole dollar amount.)

e. What is the present value of each employee’s after-tax cash flows from year 1 through year 5 if the employees receive ISOs? Use Exhibit 3.1. (Round your intermediate calculations and final anwser to 2 decimal places.)

f. What is the present value of each employee’s after-tax cash flows from year 1 through year 5 if the employees receive NQOs? Use Exhibit 3.1. (Round your intermediate calculations and final anwser to 2 decimal places.)
g. How many NQOs would Harmer have to grant to keep its employees indifferent between NQOs and 20 ISOs? (Do not round intermediate calculations. Round up your final answer to the next whole number.)

In: Accounting

discuss why implementing optimization models can be challenging. operations research

discuss why implementing optimization models can be challenging.
operations research

In: Operations Management

Explain operant conditioning therapy with its principles and show how it addresses behavioral problem of hand-biting...

Explain operant conditioning therapy with its principles and show how it addresses behavioral problem of hand-biting (non-suicidal self-injured behavior).

In: Psychology

Write one or two sentences in which you describe each area of project management knowledge-as defined...

Write one or two sentences in which you describe each area of project management knowledge-as defined by the Project Management Institute. 1. Quality 2. Team selection (human resources) 3. Communications 4. Risk 5. Procurement 6. Start-up 7. Scope 8. Time 9. Cost

In: Operations Management

Compare and contrast owning verses outsourcing a distribution center. Owning a Distribution Center comes with 4...

Compare and contrast owning verses outsourcing a distribution center.

Owning a Distribution Center comes with 4 major considerations. What are they?

In: Operations Management

Match the appropriate field names for an Ethernet frame Field 1 Field 2 Field 3 Field...

Match the appropriate field names for an Ethernet frame

Field 1 Field 2 Field 3 Field 4 Field 5 Field 6

Group of answer choices

Field 1

      [ Choose ]            Source Port            Preamble            Ethernet Type            File Check Sequence            Destination Address            Source Address            Data Length            Destination Port            Data and Padding      

Field 2

      [ Choose ]            Source Port            Preamble            Ethernet Type            File Check Sequence            Destination Address            Source Address            Data Length            Destination Port            Data and Padding      

Field 3

      [ Choose ]            Source Port            Preamble            Ethernet Type            File Check Sequence            Destination Address            Source Address            Data Length            Destination Port            Data and Padding      

Field 4

      [ Choose ]            Source Port            Preamble            Ethernet Type            File Check Sequence            Destination Address            Source Address            Data Length            Destination Port            Data and Padding      

Field 5

      [ Choose ]            Source Port            Preamble            Ethernet Type            File Check Sequence            Destination Address            Source Address            Data Length            Destination Port            Data and Padding      

Field 6

      [ Choose ]            Source Port            Preamble            Ethernet Type            File Check Sequence            Destination Address            Source Address            Data Length            Destination Port            Data and Padding      

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In: Computer Science

Transportation security depends on the development of intelligence. What is the role of the TMC, EOC,...

Transportation security depends on the development of intelligence. What is the role of the TMC, EOC, and FC in developing, confirming, and disseminating intelligence?

In: Operations Management

Wolfpack Company is a merchandising company that is preparing a budget for the month of July....

Wolfpack Company is a merchandising company that is preparing a budget for the month of July. It has provided the following information:

Wolfpack Company
Balance Sheet
June 30
Assets
Cash $ 91,400
Accounts receivable 67,200
Inventory 31,000
Buildings and equipment, net of depreciation 165,000
Total assets $ 354,600
Liabilities and Stockholders’ Equity
Accounts payable $ 62,600
Common stock 100,000
Retained earnings 192,000
Total liabilities and stockholders’ equity $ 354,600

Budgeting Assumptions:

  1. All sales are on account. Thirty percent of the credit sales are collected in the month of sale and the remaining 70% are collected in the month subsequent to the sale. The accounts receivable at June 30 will be collected in July.
  2. All merchandise purchases are on account. Twenty percent of merchandise inventory purchases are paid in the month of the purchase and the remaining 80% is paid in the month after the purchase. The accounts payable at June 30 will be paid in July.
  3. The budgeted inventory balance at July 31 is $19,800.
  4. Depreciation expense is $3,300 per month. All other selling and administrative expenses are paid in full in the month the expense is incurred.
  5. The company’s cash budget for July shows expected cash collections of $96,300, expected cash disbursements for merchandise purchases of $72,000, and cash paid for selling and administrative expenses of $16,100.

Required:

Requirement 1a.

Calculate the budgeted sales for month of July.

Budgeted sales for July

Requirement 1b.

Calculate the budgeted merchandise purchases for month of July.

Budgeted merchandise purchases for July

Requirement 1c.

Calculate the budgeted cost of goods sold for month of July.

Budgeted cost of goods sold for July

Requirement 1d.

Calculate the budgeted net operating income for month of July.

Budgeted net operating income for July

Requirement 2.

Prepare a budgeted balance sheet as of July 31.

Wolfpack Company
Balance Sheet
July 31
Assets
Total assets
Liabilities and Stockholders’ Equity
Total liabilities and stockholders’ equity

In: Accounting

1. Discuss Plato's position on wisdom and the distinction between knowledge and opinion 2. Discuss the...

1. Discuss Plato's position on wisdom and the distinction between knowledge and opinion

2. Discuss the term 'teleological' and its relation to human behavior and action.

In: Economics

The cosmic microwave background (CMB) matches a 2.7 K blackbody spectrum extremely well. For a space...

The cosmic microwave background (CMB) matches a 2.7 K blackbody spectrum extremely well. For a space telescope observing the CMB with an efficient detector with a collecting area of 0.01 m2, estimate (i) the wavelength at which the CMB peaks in intensity, (ii) the power in watts of CMB photons collected by the detector and (iii) the number of CMB photons per unit volume in the vicinity of the space telescope.

In: Physics

Implement a Message Authentication Code program in either C/C++ or Python. 1. Accept a message as...

Implement a Message Authentication Code program in either C/C++ or Python.

1. Accept a message as keyboard input to your program.

2. Accept a secret key for the sender/recipient as keyboard input to your program.

3. Your hash function H() is simply the checksum. To compute the checksum, you add all the characters of the string in ASCII codes. For example, the checksum of a string "TAMUC" would be 84 + 65 + 77 + 85 + 67 = 378.

Concatenate the secret key of the sender/recipient (from step 2) and the message (from step 1) and compute the checksum of the concatenated string. For ASCII codes, refer to the following website:

http://www.asciitable.com

4. Accept a secret key for the attacker as keyboard input to your program.

5. The attacker modifies the message from step 1. The original message can be modified any way you want.

6. Concatenate the secret key of the attacker (from step 4) and the modified message (from step 5) and compute the checksum of the concatenated string.

7. Concatenate the secret key of the sender/recipient (from step 2) and the modified message (from step 5) and compute the checksum of the concatenated string.

8. Compare the checksum from step 7 and the checksum from step 6. See if they match or not.

9. Compare the checksum from step 3 and the checksum from step 6. See if they match or not.

NOTE: your program should have separate functions for the checksum and the message modification by the attacker.

In: Computer Science