Questions
The following transactions and events took place at MRI Company during its recent calendar-year reporting period....

The following transactions and events took place at MRI Company during its recent calendar-year reporting period.

  1. In September 2011, MRI sold $140,000 of merchandise covered by a 180-day warranty. Prior experience shows that costs of the warranty equal 5% of sales. Compute September’s warranty expense and prepare the adjusting journal entry for the warranty.
  2. On October 12, 2011, MRI arranged with a supplier to replace MRI’s overdue $10,000 account payable by paying $2,500 cash and signing a note for the remainder.  The note matures in 90 days and has a 12% interest rate.  Prepare the entries recorded on October 12, December 31, and January 10, 2010 related to this transaction.
  3. For this calendar year, MRI’s net income is $1,000,000, its interest expense is $275,000, and its income taxes expense is $225,000.  Calculate the Times Interest Earned Ratio. How would you assess the credit risk of this company?

In: Accounting

Using C++ and using a boolean variable with local scope to control the looping structure: How...

Using C++ and using a boolean variable with local scope to control the looping structure:

How do I create a program that will simulate a game of craps with the below qualification:

Containing two functions -an int rollDice() function that will simulate the rolling of two dice and the main function. When called the roll Dice() function will generate two random numbers between 1 and 6 inclusive, add them, and return the sum as the integer variable “point”. The function will also output the value of the “roll” of each digital die and the value of “point” to cout. Selection and looping structures in the int main() function will determine the impact of each roll (win, lose, or roll again) on the game, print the results, and continue the game if necessary.

In: Computer Science

Briefly synopsize your understanding of how financial markets function. In addition, give your observation or perception...

Briefly synopsize your understanding of how financial markets function. In addition, give your observation or perception on the failings of Financial Markets to certain segments of the population.

PermalinkReply

In: Economics

Riverbed Corp operates in the province of Ontario and sells merchandise on which HST must be...

Riverbed Corp operates in the province of Ontario and sells merchandise on which HST must be charged at a rate of 13%. Riverbed uses a perpetual inventory system and has a calendar year end.
Transactions for the business for the month of March are shown below:

Mar. 1 Received an order from Franz Madolf for a specialty item not in stock. Due to the cost and nature of the item, Riverbed required Madolf to pay $900 in advance of the sale.
4 Received $900 cash from Madolf toward the order placed on March 1.
5 Sold merchandise on account and shipped merchandise to Marin Inc. for $29,000, plus HST terms n/30, FOB shipping point. This merchandise cost Stratton $10,900.
7 Granted Marin a sales allowance of $1,000 (plus related taxes) for defective merchandise purchased on March 5. No merchandise was returned.
30 Collected amount owing from Marin.

1) Prepare the journal entries to record the March transactions of Riverbed Corp.

2) Repeat part (a) assuming that Riverbed now operates in the province of Manitoba where PST is charged at the rate of 8% and GST is at the rate of 5%. Also assume that Riverbed has a perpetual inventory system

In: Accounting

a) Write the net ionic equations for any reaction that occurs when each of the following...

a) Write the net ionic equations for any reaction that occurs when each of the following salts are dissolved in water (if no reaction occurs, write "NR"):

ammonium nitrate

potassium bromide

cesium formate

b) When does the cation of a salt react with water. Illustrate answer using KBr and NH4Br:

c) When does the anion of salt react with water. Illustrate answer using KBr and KF:

In: Chemistry

You dissolve a compound with a molecular mass of 289.49 in a 10-mL volumetric flask. You...

You dissolve a compound with a molecular mass of 289.49 in a 10-mL volumetric flask. You remove a 1.00-mL aliquot, place it in a 25-mL volumetric flask and dilute it to the mark. The absorbance of this diluted solution at 341 nm was 0.444 in a 1.000-cm cuvet. The molar absorptivity for this compound at 341 nm is ε341 = 6117 M–1 cm–1.

(a) What is the concentration of the compound in the cuvet?

(b) What is the concentration of the compound in the 10-mL flask?

(c) How many milligrams of compound were used to make the 10-mL solution?

In: Chemistry

I REALLY NEED TO LEARN THIS PROBLEM INSIDE OUT. PLEASE BE AS DERCRIPTIVE AND CLEAR AS...

I REALLY NEED TO LEARN THIS PROBLEM INSIDE OUT. PLEASE BE AS DERCRIPTIVE AND CLEAR AS YOU CAN BE PLEASE ( AS IF YOU WERE TEACHING A PERSON WHO KNOWS NOTHING ABOUT PHYSICS) thank so much

1. a rock is dropping from a sea cliff and the sound of it striking the ocean is heard 3.4 s later. if the speed of sound is 340 m/s, how high is the cliff?

In: Physics

Draw a quick sketch of mitosis next to meiosis I and meiosis II. You can do...

Draw a quick sketch of mitosis next to meiosis I and meiosis II. You can do it on paper, or on your screen if you have a touchscreen. Compare and contrast them to highlight 3 similarities and 3 differences. Make sure your diagram is CLEARLY labeled

Now draw meiosis with a cell that is diploid and has 3 different sets of chromosomes (that means there is a chromosome 1, 2, and 3, with 2 copies of each). Make sure that chromosomes 1, 2, and 3 are visually distinct

: Draw a sketch of meiosis but add a nondisjunction event to it (you can pick meiosis I or II). For each final daughter cell, CLEARLY identify whether there are any issues with it – does it have the correct set of chromosomes? If it was combined with another gamete to create a zygote, will the resulting zygote have too many or too few chromosomes? Is it missing any chromosomes completely?

How do I do this> what should I model this after?

In: Biology

what are some myths that stood out to you, or maybe that you previously thought to...

what are some myths that stood out to you, or maybe that you previously thought to be true in regards to alcohol drinking.

In: Psychology

A 29.0-kg block is initially at rest on a horizontal surface. A horizontal force of 76.0...

A 29.0-kg block is initially at rest on a horizontal surface. A horizontal force of 76.0 N is required to set the block in motion, after which a horizontal force of 57.0 N is required to keep the block moving with constant speed.

(a) Find the coefficient of static friction between the block and the surface.

(b) Find the coefficient of kinetic friction between the block and the surface.

In: Physics

Create a new public static method called ‘isLatinSquare’ that passes in a two-dimensional array.  This new method...

Create a new public static method called ‘isLatinSquare’ that passes in a two-dimensional array.  This new method will return ‘true’ if the passed array is a Latin Square. ** SHOULD only be 1 or 2 lines of code

In: Computer Science

c++ language, using Xcode Suppose the membership at a fitness club is $500 for individual, $800...

c++ language, using Xcode

Suppose the membership at a fitness club is $500 for individual, $800 for couple and $1200 for 4 people. Every month, the manager at the club says that guests will get discounts for one service per month. He provides you with the list of services that will get a discount:

Your program will be reading in a file which contains a list of services at a fitness club. The discount is determined by the type of service. For example, the file is as follows:

Cafe: Smoothies

SPA: Hair and Skin

Training: 90 day challenge

Aquatics: Kids free training session

Your program should read this file and offer this discount:

If the service is Cafe, then discount is 1% of annual fitness club fee.

If the service is SPA, then discount is 10% of the annual fitness club fee.

If the service is Training, then discount is 15% of the annual fitness club fee.

If the service is Aquatics, then no discount, but program should only offer it for the family memberships.

Your program should ask the user what type of membership they have. Based on the type of membership, your program should calculate the dollar amount discount per service and list all applicable services and benefits for that user.

Your program should be reading the file in and calculating the benefits based on the type of membership. Your program should also randomly pick among the 4 discounts or 3 depending on the type of membership and display which discount the member gets for this month.

In: Computer Science

At a university, students are assigned a system user name, which is used to log into...

At a university, students are assigned a system user name, which is used to log into the campus computer network system. As part of your internship with the university's IT department, your assignment is to write the code that generates system user names for students.

You will use the following logic to generate a user name:

  1. Get the first three characters of the student's first name. (If the first name is less than three characters use the entire first name.)

  2. Get the first three characters of the student's last name. (If the last name is less than three characters use the entire last name)

  3. Get the last three characters of the student's ID number. (If the ID number is less than three characters, use the entire ID number.)

  4. Concatenate the three sets of characters to generate the user name.

    For example, if a student’s name is Yogi Bear, and his ID number is T0017258, his login name would be YogBear721.

In main, obtain the student’s first name, last name and ID number, then call a function named get_login_name that accepts the student's first name, last name, and ID number as arguments and returns the student's login name as a string.

Next, in main, ask the student to generate a password then call a function to verify that it is correct. Passwords must adhere to the following rules:

  • A valid password must be at least seven characters in length,

  • Must have at least one uppercase letter, one lowercase letter, and one digit.

python programme

In: Computer Science

What did Smith mean by the Division of Labor and why did he see it as...

What did Smith mean by the Division of Labor and why did he see it as crucial to explaining the Wealth of Nations? What is the cause of the Division of Labor, for Smith? How does the division of labor increase productivity, in his view? What is the effect on workers? Explain how Smith's work on the division of labor challenges the standard neo-classical account of the economy built on the assumption of constant returns, and how it supports a different argument for free trade than we get from Ricardo's theory of comparative advantage

In: Economics

Predict whether N2 is likely to have a relatively high or low boiling point.    high...


Predict whether N2 is likely to have a relatively high or low boiling point.

  

high

  

low

In: Chemistry