Questions
2. Look at the last five(omit 2020 Q2) quarters covered in the table. Compare the most...

2. Look at the last five(omit 2020 Q2) quarters covered in the table. Compare the most recent quarter to the same quarter in the previous year.

a) Which sector* had the largest percentage increase in profit (or largest decrease in loss)

b) Which sector had the smallest percentage increase in profit (or the largest percentage decrease in profit)?

c) Which sectors*, if any, experienced losses during any of the last four quarters covered in the table?

*Note: By "sector", I mean certain groups larger than an individual industry: These are: “Financial” (Row 10), “Utilities (Row 14), "Manufacturing" (Row 15), "Durable goods" (Row 16), "Nondurable goods" (Row 23) and Rows 28 through 32. The listings in Rows 17 through 22 and 24 through 27 (the rows which are most indented from the left margin) are industries, not sectors.

Line 2018 2019 2020
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
1         Corporate profits with inventory valuation and capital consumption adjustments 2206 2225.3 2258.1 2282.5 2181.2 2263.2 2246.5 2311.3 2035 1808.2
2 Domestic industries 1670 1712.6 1765.6 1773.5 1696.8 1756.9 1731.9 1794.6 1561.9 1431.3
3     Financial1 428.7 426 420.8 420.8 454.2 463.8 456.8 473.4 431.2 470.7
4     Nonfinancial 1241.3 1286.7 1344.8 1352.7 1242.6 1293.2 1275.2 1321.2 1130.7 960.6
5 Rest of the world 536 512.7 492.5 509 484.4 506.2 514.5 516.6 473.1 376.9
6     Receipts from the rest of the world 858.2 879 848.2 879.6 847.2 879.4 877.3 880.8 790.5 650.9
7     Less: Payments to the rest of the world 322.2 366.3 355.7 370.6 362.8 373.2 362.7 364.2 317.4 274
8         Corporate profits with inventory valuation adjustment 2088.9 2112.5 2149.9 2176.8 2154.9 2246.4 2231.7 2294.9 2053.5 1826.9
9 Domestic industries 1552.9 1599.8 1657.4 1667.8 1670.5 1740.2 1717.2 1778.3 1580.4 1450
10     Financial 423.2 419.6 414.6 415.3 460.1 472.3 466.7 482.9 444.7 484.1
11         Federal Reserve banks 73.7 70.5 66.9 61 53 56.6 50.7 49.4 68.5 64.9
12         Other financial2 349.5 349.1 347.6 354.3 407.1 415.8 416 433.5 376.2 419.2
13     Nonfinancial 1129.7 1180.2 1242.8 1252.5 1210.4 1267.8 1250.5 1295.4 1135.7 966
14         Utilities 22.7 23.3 22.3 18.6 26.2 28.2 27.1 27.3 22.5 ---
15         Manufacturing 276.2 348.1 365.3 360.9 324.5 344.9 341 335.7 302.2 ---
16             Durable goods 147.6 183.9 187.3 164.9 188 193.1 174.2 170.1 157.8 ---
17                 Fabricated metal products 20.7 19.3 19.7 19.6 25.7 25.3 23.9 24.2 23 ---
18                 Machinery 16.6 22.3 18.8 18.3 22.9 29.6 27.1 26.1 20.9 ---
19                 Computer and electronic products 44.5 58.2 61.3 54 56.3 50.4 45.4 51.3 54.7 ---
20                 Electrical equipment, appliances, and components 12.3 11.8 11.2 8.3 10.4 12 12.5 10.9 7.9 ---
21                 Motor vehicles, bodies and trailers, and parts 0 0.1 5.8 -2.1 1.9 2.1 0.2 -2.1 -1.1 ---
22                 Other durable goods3 53.5 72.2 70.6 66.8 70.8 73.7 65.2 59.7 52.4 ---
23             Nondurable goods 128.5 164.2 178 196 136.6 151.8 166.8 165.6 144.4 ---
24                 Food and beverage and tobacco products 48.4 52.9 51.8 37.2 45.7 47.8 51.6 48 50.4 ---
25                 Petroleum and coal products 13.8 21.3 29.6 59.2 6.2 16.2 21.7 25.8 15.9 ---
26                 Chemical products 41.6 62.4 67.1 72.5 55.9 57.2 61.3 58.8 57 ---
27                 Other nondurable goods4 24.7 27.7 29.6 27.1 28.8 30.6 32.2 33.1 21.2 ---
28         Wholesale trade 111.3 94.9 103.9 112.9 103.9 110.5 113.4 117.4 108.3 ---
29         Retail trade 149.5 137.7 157.5 141.2 155.5 165.6 166.8 184.2 167.1 ---
30         Transportation and warehousing 48.5 46.6 52 64.2 54.7 54.4 59.5 57 37.8 ---
31         Information 134.9 143.4 144 134.6 136.2 140 108.4 138.7 126.7 ---
32         Other nonfinancial5 386.7 386.2 397.8 420.1 409.4 424.3 434.3 435.1 371 ---
33 Rest of the world 536 512.7 492.5 509 484.4 506.2 514.5 516.6 473.1 376.9

In: Accounting

Do you think that taking the (Harvard) MBA Oath positively affects the ability of employees to...

Do you think that taking the (Harvard) MBA Oath positively affects the ability of employees to discharge their ethical duties? Is it useful? If so, in what ways? What would you add to the Oath? Is there anything that concerns you, and why?

In: Economics

Does strong Canadian dollar indicate a strong Canadian economy? Explain in words how even if economy...

Does strong Canadian dollar indicate a strong Canadian economy? Explain in words how even if economy is weak in Canada, the Canadian value may appreciate and the opposite?

In: Economics

] A mail-order firm processes 4,800 checks per month. Of these, 60 percent are for $38...

]

A mail-order firm processes 4,800 checks per month. Of these, 60 percent are for $38 and 40 percent are for $70. The $38 checks are delayed three days on average; the $70 checks are delayed four days on average. Assume 30 days in a month.

a-1 What is the average daily collection float?
  Average daily collection float $   
a-2 How do you interpret your answer?

  On average, there is $  that is (Click to select)collecteduncollected and (Click to select)availablenot available to the firm.

b-1

What is the weighted average delay? (Round your answer to 2 decimal places. (e.g., 32.16))

  Weighted average delay days
b-2 Calculate the average daily float.
  Average daily float $   

   

c. How much should the firm be willing to pay to eliminate the float?
  Maximum payment $   
d.

If the interest rate is 7 percent per year, calculate the daily cost of the float. (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

  Daily cost of the float $   
e. How much should the firm be willing to pay to reduce the weighted average float to 1.5 days?
  Maximum payment $   

In: Finance

Assume that in a country the total holdings of banks were as follows: Bank Amount in...

  1. Assume that in a country the total holdings of banks were as follows:

Bank

Amount in million dollars

Required Reserve

$45

Excess Reserve

$15

Deposits

$750

Loans

$600

Treasury Bonds

$90

  1. Show that the balance sheet balances if these are the only assets and liabilities.

  1. Assuming that people hold no currency, what happens to each of these values if the central bank changes the reserve requirement ratio to 2%, banks still want to hold the same percentage of excess reserves, and banks do not change their holdings of Treasury bonds?

  1. How much does the money supply change by?

In: Economics

Derive an expression for the magnitude of the acceleration of the system using Newton’s laws given...

Derive an expression for the magnitude of the acceleration of the system using Newton’s laws given the presence of kinetic friction

In: Physics

The wheat harvesting season in the American Midwest is​ short, and farmers deliver their truckloads of...

The wheat harvesting season in the American Midwest is​ short, and farmers deliver their truckloads of wheat to a giant central storage bin within a 2​-week span. Because of​ this, wheat-filled trucks waiting to unload and return to the fields have been known to back up for a block at the receiving bin. The central bin is owned​ cooperatively, and it is to every​ farmer's benefit to make the​ unloading/storage process as efficient as possible. The cost of grain deterioration caused by unloading delays and the cost of truck rental and idle driver time are significant concerns to the cooperative members. Although farmers have difficulty quantifying crop​ damage, it is easy to assign a waiting and unloading cost for truck and driver of ​$17 per hour. During the 2​-week harvest​ season, the storage bin is open and operated16 hours per​ day, 7 days per​ week, and can unload 34 trucks per hour according to a negative exponential distribution. Full trucks arrive all day long​ (during the hours the bin is​ open) at a rate of about 30 per​ hour, following a Poisson pattern

​e) The total daily cost to the farmers of having their trucks tied up in the unloading process​ = ____ per day ​(round your response to the nearest whole​ number).

​f) As​ mentioned, the cooperative uses the storage bin heavily only 2 weeks per year. Farmers estimate that enlarging the bin would cut unloading costs by 50​% next year. It will cost ​$8 comma ____ to do so during the​ off-season. The one-year net​ cost/benefit to enlarge the storage area​ =____ (round your response to the nearest whole​ number).

In: Math

Pirate Company purchased 60 percent ownership of Ship Corporation on January 1, 20X1, for $82,800. On...

Pirate Company purchased 60 percent ownership of Ship Corporation on January 1, 20X1, for $82,800. On that date, the noncontrolling interest had a fair value of $55,200 and Ship reported common stock outstanding of $100,000 and retained earnings of $20,000. The full amount of the differential is assigned to land to be used as a future building site. Pirate uses the fully adjusted equity method in accounting for its ownership of Ship. On December 31, 20X2, the trial balances of the two companies are as follows:

Pirate Company Ship Corporation
Item Debit Credit Debit Credit
Cash and Accounts Receivable $ 69,400 $ 51,200
Inventory    60,000    55,000
Land    40,000    30,000
Buildings & Equipment 520,000 350,000
Investment in Ship Corporation 103,780
Cost of Goods Sold    99,800    61,000
Depreciation Expense    25,000    15,000
Interest Expense     6,000    14,000
Dividends Declared    40,000    10,000
Accumulated Depreciation $175,000 $ 75,000
Accounts Payable     68,800     41,200
Bonds Payable     80,000   200,000
Bond Premium       1,200
Common Stock    200,000   100,000
Retained Earnings   227,960     50,000
Sales   200,000   120,000
Income from Ship Corporation                11,020                              
$963,980 $963,980 $586,200 $586,200

Page 289Ship sold inventory costing $25,500 to Pirate for $42,500 in 20X1. Pirate resold 80 percent of the purchase in 20X1 and the remainder in 20X2. Ship sold inventory costing $21,000 to Pirate in 20X2 for $35,000, and Pirate resold 70 percent of it prior to December 31, 20X2. In addition, Pirate sold inventory costing $14,000 to Ship for $28,000 in 20X2, and Ship resold all but $13,000 of its purchase prior to December 31, 20X2.

Assume both companies use straight-line depreciation and that no property, plant, and equipment has been purchased since the acquisition.

Use the data provided after the trial balance in the paragraph in the book. Complete the tables for each inventory transaction and the consolidation entries for the x7 and the x8 inventory transactions.

In: Accounting

When a ball is launched from the ground at a 45° angle to the horizontal, it...

When a ball is launched from the ground at a 45° angle to the horizontal, it falls back to the ground 50 m from the launch point. If it is launched at the same speed directly upward, (a)how high does it get? (b)How much longer does it spend in the air

In: Physics

To explore Judaism. Please consider the following aspects: Describe the Absolute/the Holy/Ultimate Reality (God) in Jewish...

To explore Judaism. Please consider the following aspects:

Describe the Absolute/the Holy/Ultimate Reality (God) in Jewish belief! What names are used for God?

Who is considered to be a Jew? Characterize important groups and their role in Jewish communities.

What is the significance of the land Israel and the Temple?

Please introduce the language and texts sacred to believing Jews.

Explain the importance of the oral and the written Torah

In: Psychology

a. You have just purchased the options listed below. Based on the information given, indicate whether...

a. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, out of the money, or at the money, whether you would exercise the option if it were expiring today, what the dollar profit would be, and what the percentage return would be. (Enter “0” if there is no profit or return from not exercising the option. Round your answer to 2 decimal places.)

Company Option Strike Today's Stock Price

In/Out of the

Money?

Premium Exercise? Profit Return
ABC Call 10 $10.26 (Click to select)  In the money  Out of the money 0.98 (Click to select)  Yes  No %
ABC Put 10 $10.26 (Click to select)  In the money  Out of the money 0.83 (Click to select)  Yes  No %
ABC Call 25 $23.93 (Click to select)  In the money  Out of the money 0.93 (Click to select)  Yes  No %
ABC Put 25 $23.93 (Click to select)  In the money  Out of the money 2.13 (Click to select)  Yes  No %

b. Now suppose that time has passed and the stocks’ prices have changed as indicated in the table below. Recalculate your answers to part a.

Company Option Strike Today's Stock Price

In/Out of the

Money?

Premium Exercise? Profit Return
ABC Call 10 $11.23 (Click to select)  In the money  Out of the money 0.98 (Click to select)  Yes  No %
ABC Put 10 $11.23 (Click to select)  In the money  Out of the money 0.83 (Click to select)  Yes  No %
ABC Call 25 $27.00 (Click to select)  In the money  Out of the money 0.93 (Click to select)  Yes  No %
ABC Put 25 $27.00 (Click to select)  In the money  Out of the money 2.13 (Click to select)  Yes  No %

In: Finance

Rawls and Nozick agree about which of the following claims: a) Sometimes it can be wrong...

Rawls and Nozick agree about which of the following claims:

a) Sometimes it can be wrong to perform the act that maximizes utility overall.

b) It is unjust for the state to tax people’s earnings in order to provide education for all citizens.

c) Departures from an equal distribution of shares are only permissible if it raises the expectation of the least advantaged member of society.

d) Distributive shares should not be influenced by such chance contingencies as accident of birth and good fortune.

e) All of the above are correct.

In: Psychology

The Harrington Corporation is considering investing in a project that will incur an initial investment of...

The Harrington Corporation is considering investing in a project that will incur an initial investment of $2,000,000.The project has a useful life of 5 years. The project's projected free after tax cash flow is $650,000 per year throughout the life of the projectt. The firm requires a rate of return for similar risk project at 18%. Based on the above information compute the following and determine each criteria f the firm should accept the project.

The NPV

The IRR

Payback period, the firm's minimum acceptable payback period is 3.5 years.

Discounted Payback Period. Minimum acceptable DPP is 4.0 years.

Compute the Profitability Index for the investment. What purpose does Profitability Index serve in capital budgeting processes?

In: Finance

Martinez Company has the following two temporary differences between its income tax expense and income taxes...

Martinez Company has the following two temporary differences between its income tax expense and income taxes payable.

2017

2018

2019

Pretax financial income

$864,000

$917,000

$909,000

Excess depreciation expense on tax return

(30,400

)

(38,500

)

(9,800

)

Excess warranty expense in financial income

19,400

10,100

8,300

Taxable income

$853,000

$888,600

$907,500


The income tax rate for all years is 40%.

- Assuming there were no temporary differences prior to 2017, prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019.

- Indicate how deferred taxes will be reported on the 2019 balance sheet. Martinez’s product warranty is for 12 months.

- Prepare the income tax expense section of the income statement for 2019, beginning with the line “Pretax financial income."

In: Accounting

Please paraphrase this c code #include <stdio.h> #include <stdlib.h> #include <string.h> void sortGrades(int arr[], int size,...

Please paraphrase this c code

#include <stdio.h>
#include <stdlib.h>
#include <string.h>


void sortGrades(int arr[], int size, int status, char names[][20]);
void printer(int grades[], int size, char names[][20]);
void sortNames(char arr[][20], int size, int status, int grades[]);
void nameSearch(int grades[], int size, char names[][20]);
void numSearch(int grades[], int size, char names[][20]);

int main()
{
int i;
int size;
int option;

do
{
printf("\n\nInput Number of Students or 0 to exit : ");
scanf("%d", &size);

if (size == 0)
{
break;
}

char names[size][20];
int grades[size];

for (i = 0; i < size; i++)
{
printf("\nEnter the Name of Student %d : ", i + 1);
scanf("%s", &names[i]);
printf("Enter the Grades of Student %d : ", i + 1);
scanf("%d", &grades[i]);
}

do
{
printf("\n\nEnter\n1 for sort by Name(A-Z)\n2 for sort by Name(Z-A)\n3 for sort by Grades(Ascending)\n4 for sort by Grades(Descending)\n5 for search by Name\n6 for search by Grade's limit\n0 to re enter data\n");
scanf("%d", &option);

switch (option)
{
case 1:
sortNames(names, size, 1, grades);
printer(grades, size, names);
break;
case 2:
sortNames(names, size, 0, grades);
printer(grades, size, names);
break;
case 3:
sortGrades(grades, size, 0, names);
printer(grades, size, names);
break;
case 4:
sortGrades(grades, size, 1, names);
printer(grades, size, names);
break;
case 5:
nameSearch(grades, size, names);
break;
case 6:
numSearch(grades, size, names);
break;

default:
break;
}
} while (option != 0);

} while (size != 0);

return 0;
}

void sortGrades(int arr[], int size, int status, char names[][20])
{
int i, j; /*counter*/
int temp;
char temp2[100];

for (j = 0; j < size - 1; j++)
/*outer for loop to repeat to repeat inner loop without the largest number selected before*/
{
for (i = 0; i < size - 1 - j; i++) /*inner for loop to swap the largest number to the end*/
if (status == 0)
{
if (arr[i] < arr[i + 1])
{
// swapping using temp
temp = arr[i];
arr[i] = arr[i + 1];
arr[i + 1] = temp;
strcpy(temp2, names[i]);
strcpy(names[i], names[i + 1]);
strcpy(names[i + 1], temp2);
}
}
else
{
if (arr[i] > arr[i + 1])
{
// swapping using temp
temp = arr[i];
arr[i] = arr[i + 1];
arr[i + 1] = temp;
strcpy(temp2, names[i]);
strcpy(names[i], names[i + 1]);
strcpy(names[i + 1], temp2);
}
}
}
}

void sortNames(char arr[][20], int size, int status, int grades[])
{
int i, j; /*counter*/
char temp[100]; /*temporary value for swap*/
int temp2;

for (j = 0; j < size - 1; j++)
/*outer for loop to repeat to repeat inner loop without the largest number selected before*/
{
for (i = 0; i < size - 1 - j; i++) /*inner for loop to swap the largest number to the end*/
if (status == 0)
{
if (strcmp(arr[i], arr[i + 1]) < 0)
{
// swapping using temp
strcpy(temp, arr[i]);
strcpy(arr[i], arr[i + 1]);
strcpy(arr[i + 1], temp);
temp2 = grades[i];
grades[i] = grades[i + 1];
grades[i + 1] = temp2;
}
}
else
{
if (strcmp(arr[i], arr[i + 1]) > 0)
{
// swapping using temp
strcpy(temp, arr[i]);
strcpy(arr[i], arr[i + 1]);
strcpy(arr[i + 1], temp);
temp2 = grades[i];
grades[i] = grades[i + 1];
grades[i + 1] = temp2;
}
}
}
}

void nameSearch(int grades[], int size, char names[][20])
{
int i;
char key[20];
int fail = 0;

printf("\nInput a Name that you want to find : ");
scanf("%s", &key);

for (i = 0; i < size; i++)
{
if (strcmp(names[i], key) == 0)
{
printf("\nMatch Found\nName : %s\nGrade : %d\nIndex Number : %d", names[i], grades[i], i);
fail++;
}
}
if (fail == 0)
{
printf("\nMatch NOT Found");
}
}

void numSearch(int grades[], int size, char names[][20])
{
int j; /*counter*/
int key, condition, option;
printf("Enter a grade as limit/pivot to filter data : ");
scanf("%d", &key);
printf("Enter condition:\n1 for Greater than %d\n2 for Less than %d\n", key, key);
scanf("%d", &option);

printf(" Name");
printf(" grades\n");
for (j = 0; j < size; j++)
{
switch (option)
{
case 1:
if (grades[j] > key)
{
printf("%10s", names[j]);
printf("%10d\n", grades[j]);
}
break;
case 2:
if (grades[j] < key)
{
printf("%10s", names[j]);
printf("%10d\n", grades[j]);
}
break;

default:
break;
}
}
}

void printer(int grades[], int size, char names[][20])
{
int j; /*counter*/
printf(" Name");
printf(" grades\n");
for (j = 0; j < size; j++)
{
printf("%10s", names[j]);
printf("%10d\n", grades[j]);

} /* for loop to print all of reversed array content*/
}

In: Computer Science