Exercise 14-3GURLEY CORPORATION Comparative Condensed Balance Sh.pdf
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Exercise 14-3 GURLEY CORPORATION Comparative Condensed Balance Sheets December 31 2017 2016 2017 2016 Increase (Decrease) Percentage Change from 2016 Assets Current assets $ 73,500 $ 78,200 Property, plant & equipment (net) 97,100 88,200 Intangibles Total assets Liabilities and stockholders\' Equity Current liabilities $ 41,000 $ 48,400 Long-term liabilities 140,000 150,000 Stockholders\' equity Total liabilities and stockholders\' equity Amount Percent Assets Current assets $ 73,500 Property, plant, and equipment (net) 97,100 Intangibles Total assets Liabilities and stockholders\' equity Current liabilities $ 41,000 Long-term liabilities 140,000 Stockholders\' equity Total liabilities and stockholders\' equity Exercise 14-3 The comparative condensed balance sheets of Gurley Corporation are presented below. GURLEY CORPORATION Comparative Condensed Balance Sheets December 31 2017 2016Assets Current assets$ 73,500$ 78,200 Property, plant, and equipment (net)97,10088,200 Intangibles27,00042,000 Total assets$ 197,600$ 208,400Liabilities and stockholders’ equity Current liabilities$ 41,000$ 48,400 Long-term liabilities140,000150,000 Stockholders’ equity16,60010,000 Total liabilities and stockholders’ equity$ 197,600$ 208,400 (a) Prepare a horizontal analysis of the balance sheet data for Gurley Corporation using 2016 as a base. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%).Round percentages to 1 decimal place, e.g. 12.3%.) GURLEY CORPORATION Condensed Balance Sheets For the Year Ended December 31 For the Quarter Ended December 31 December 31 2017 2016 Increase (Decrease) Percentage Change from 2016 Assets Current assets $ 73,500 $ 78,200$ % Property, plant & equipment (net) 97,100 88,200 % Intangibles27,00042,000 % Total assets$ 197,600$ 208,400$ % Liabilities and stockholders\' Equity Current liabilities $ 41,000 $ 48,400$ % Long-term liabilities 140,000 150,000 % Stockholders\' equity16,60010,000 % Total liabilities and stockholders\' equity$ 197,600$ 208,400$ % (b) Prepare a vertical analysis of the balance sheet data for Gurley Corporation in columnar form for 2017. (Round percentages to 1 decimal place, e.g. 12.3%.) GURLEY CORPORATION Condensed Balance Sheet For the Quarter Ended December 31, 2017 December 31, 2017 For the Year Ended December 31, 2017 Amount Percent Assets Current assets $ 73,500 % Property, plant, and equipment (net) 97,100 % Intangibles27,000 % Total assets$ 197,600 % Liabilities and stockholders\' equity Current liabilities $ 41,000 % Long-term liabilities 140,000 % Stockholders\' equity16,600 % Total liabilities and stockholders\' equity$ 197,600 % Solution GURLEY CORPORATION Condensed Balance Sheets December 31 2017 2016 Increase (Decrease) % change Assets: Current assets 73500 78200 -4700 -6.0% Property, plant & equipment (net) 97100 88200 8900 10.1% Intangibles 27000 42000 -15000 -35.7% Total assets 197600 208400 -10800 -5.2% Lia.
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Problems Problem 14-4AFinancial information for Ernie Bisho.docx
Problems:
Problem 14-4A
Financial information for Ernie Bishop Company is presented below.
ERNIE BISHOP COMPANY
Balance Sheets
December 31
Assets
2013
2012
Cash
$ 137,900
$ 128,050
Short-term investments
102,440
78,800
Receivables (net)
193,060
157,600
Inventory
246,250
265,950
Prepaid expenses
57,130
45,310
Land
256,100
256,100
Building and equipment (net)
330,960
344,750
$1,323,840
$1,276,560
Liabilities and Stockholders’ Equity
Notes payable
$197,000
197,000
Accounts payable
94,560
82,740
Accrued liabilities
86,680
78,800
Bonds payable, due 2016
295,500
295,500
Common stock, $10 par
394,000
394,000
Retained earnings
256,100
228,520
$1,323,840
$1,276,560
ERNIE BISHOP COMPANY
Income Statement
For the Years Ended December 31
2013
2012
Net sales
$1,690,260
$1,572,060
Cost of goods sold
1,203,670
1,132,750
Gross profit
486,590
439,310
Operating expenses
402,865
356,570
Net income
$ 83,725
$ 82,740
Additional information:
1.
Inventory at the beginning of 2012 was $232,460.
2.
Total assets at the beginning of 2012 were $1,245,040.
3.
No common stock transactions occurred during 2012 or 2013.
4.
All sales were on account.
5.
Receivables (net) at the beginning of 2012 were $173,360.
(a) Indicate, by using ratios, the change in liquidity and profitability of Ernie Bishop Company from 2012 to 2013. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all others to 1 decimal place, e.g. 6.8 or 6.8% .)
2012
2013
Change
LIQUIDITY
Current
:1
:1
Acid-test
:1
:1
Receivables turnover
times
times
Inventory turnover
times
times
PROFITABILITY
Profit margin
%
%
Asset turnover
times
times
Return on assets
%
%
Earnings per share
$
$
(b) Given below are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2013, and (2) as of December 31, 2014, after giving effect to the situation. Net income for 2014 was $98,500. Total assets on December 31, 2014, were $1,379,000.
Situation
Ratio
(1)
35,460 shares of common stock were sold at par on July 1, 2014.
Return on common stockholders’ equity
(2)
All of the notes payable were paid in 2014. The only change in liabilities was that the notes payable were paid.
Debt to total assets
(3)
Market price of common stock was $18 on December 31, 2013, and $24.63 on December 31, 2014.
Price-earnings ratio
2013
2014
Change
Return on common stockholders’ equity
%
%
Debt to total assets
%
%
Price-earnings ratio
times
times
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Problem 14-6A
The comparative statements of Beulah Company are presented below.
BEULAH COMPANY
Income Statement
For the Years Ended December 31
2014
2013
Net sales (all on account)
$501,000
...
Problem 12-9AYour answer is partially correct. Try again..docx
Problem 12-9A
Your answer is partially correct. Try again.
Condensed financial data of Odgers Inc. follow.
ODGERS INC.Comparative Balance Sheets
December 31
Assets
2014
2013
Cash
$ 131,704
$ 78,892
Accounts receivable
143,114
61,940
Inventory
183,375
167,646
Prepaid expenses
46,292
42,380
Long-term investments
224,940
177,670
Plant assets
464,550
395,275
Accumulated depreciation
(81,500
)
(84,760
)
Total
$1,112,475
$839,043
Liabilities and Stockholders’ Equity
Accounts payable
$ 166,260
$ 109,699
Accrued expenses payable
26,895
34,230
Bonds payable
179,300
237,980
Common stock
358,600
285,250
Retained earnings
381,420
171,884
Total
$1,112,475
$839,043
ODGERS INC.Income Statement Data
For the Year Ended December 31, 2014
Sales revenue
$633,190
Less:
Cost of goods sold
$220,800
Operating expenses, excluding depreciation
20,228
Depreciation expense
75,795
Income tax expense
44,466
Interest expense
7,710
Loss on disposal of plant assets
12,225
381,224
Net income
$ 251,966
Additional information:
1.
New plant assets costing $163,000 were purchased for cash during the year.
2.
Old plant assets having an original cost of $93,725 and accumulated depreciation of $79,055 were sold for $2,445 cash.
3.
Bonds payable matured and were paid off at face value for cash.
4.
A cash dividend of $42,430 was declared and paid during the year.
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
ODGERS INC.Statement of Cash Flows
For the Year Ended December 31, 2014
$
Adjustments to reconcile net income to
$
$
Problem 12-10A
Condensed financial data of Odgers Inc. follow.
ODGERS INC.Comparative Balance Sheets
December 31
Assets
2014
2013
Cash
$ 151,904
$ 90,992
Accounts receivable
165,064
71,440
Inventory
211,500
193,358
Prepaid expenses
53,392
48,880
Long-term investments
259,440
204,920
Plant assets
535,800
455,900
Accumulated depreciation
(94,000
)
(97,760
)
Total
$1,283,100
$967,730
Liabilities and Stockholders’ Equity
Accounts payable
$ 191,760
$ 126,524
Accrued expenses payable
31,020
39,480
Bonds payable
206,800
274,480
Common stock
413,600
329,000
Retained earnings
439,920
198,246
Total
$1,283,100
$967,730
ODGERS INC.Income Statement Data
For the Year Ended December 31, 2014
Sales revenue
$730,305
Less:
Cost of goods sold
$254,665
Operating expenses, excluding depreciation
23,331
Depreciation expense
87,420
Income taxes
51,286
Interest expense
8,892
Loss on disposal of plant assets
14,100
439,694
Net income
$ 290,611
Additional information:
1.
New plant assets costing $188,000 were purchased for c.
manpreet fianacial statement analysis
Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements. These statements include the Income Statement, Balance Sheet, and Statement of Cash Flows. Financial statement analysis is a method or process involving specific techniques for evaluating risks, financial health, and future prospects of an organization. It is used by investors, stakeholders, the public, and decisionmakers within the organization. Popular methods of financial statement analysis include horizontal and vertical analysis and the use of financial ratios.
Problem 3-8BRIDGEPORT ADVERTISING TRIAL BALANCE DECEMBER 31, 2.pdf
Problem 3-8
BRIDGEPORT ADVERTISING
TRIAL BALANCE
DECEMBER 31, 2017
Unadjusted
Adjusted
Dr.
Cr.
Dr.
Cr.
$148,820
$148,820
$158,950
$158,950
No.
Date
Account Titles and Explanation
Debit
Credit
(To record accrued service revenue)
(To record supplies used)
(To expired insurance)
(To record depreciation on equiment)
(To record interest accrued on the note)
(To record service revenue earned)
(To record accrued wages)
Assets
Liabilities and Stockholders’ Equity
%
Open Show Work
SAVE FOR LATER
SUBMIT ANSWER
Problem 3-8 Bridgeport Advertising was founded by Murali Vedula in January 2015. Presented
below are both the adjusted and unadjusted trial balances as of December 31, 2017.
BRIDGEPORT ADVERTISING
TRIAL BALANCE
DECEMBER 31, 2017
Unadjusted
Adjusted
Dr.
Cr.
Dr.
Cr.Cash$16,740$16,740Accounts Receivable19,17023,012Supplies9,7606,845Prepaid
Insurance4,2202,625Equipment64,70064,700Accumulated Depreciation-
Equipment$24,120$29,050Notes Payable8,6008,600Accounts Payable1,8901,890Interest
Payable0602Unearned Service Revenue5,3503,405Salaries and Wages Payable0756Common
Stock19,22019,220Retained Earnings27,24727,247Dividends19,30019,300Service
Revenue62,39368,180Salaries and Wages Expense9,40010,156Insurance Expense1,595Interest
Expense602Depreciation Expense4,930Supplies Expense2,915Rent Expense5,5305,530
$148,820
$148,820
$158,950
$158,950Journalize the annual adjusting entries that were made. (Credit account titles are
automatically indented when amount is entered. Do not indent manually. If no entry is required,
select \"No entry\" for the account titles and enter 0 for the amounts.)
No.
Date
Account Titles and Explanation
Debit
Credit1.Dec. 31
(To record accrued service revenue)2.Dec. 31
(To record supplies used)3.Dec. 31
(To expired insurance)4.Dec. 31
(To record depreciation on equiment)5.Dec. 31
(To record interest accrued on the note)6.Dec. 31
(To record service revenue earned)7.Dec. 31
(To record accrued wages)Prepare an income statement for the year ended December 31. (Enter
loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
BRIDGEPORTADVERTISING
Income Statement
December 31, 2017For the Year Ended December 31, 2017For the Quarter Ended December
31, 2017
DividendsExpensesNet Income / (Loss)Retained Earnings, Janaury 1Retained Earnings,
December 31RevenuesTotal ExpensesTotal Revenues
$
DividendsExpensesNet Income / (Loss)Retained Earnings, Janaury 1Retained Earnings,
December 31RevenuesTotal ExpensesTotal Revenues
$
Dividends Expenses Net Income / (Loss) Retained Earnings, Janaury 1 Retained
Earnings, December 31 Revenues Total Expenses Total Revenues
DividendsExpensesNet Income / (Loss)Retained Earnings, Janaury 1Retained Earnings,
December 31RevenuesTotal ExpensesTotal Revenues$
Prepare a retained earnings statement for the year ended December 31. (List items that increase
retained earnings first.)
BRIDGEPORTADVERTISING
Retained Earnings Statement
December 31, 2017For the Year Ended December 31, 2017For .
Recommended
Problems Problem 14-4AFinancial information for Ernie Bisho.docx
Problems:
Problem 14-4A
Financial information for Ernie Bishop Company is presented below.
ERNIE BISHOP COMPANY
Balance Sheets
December 31
Assets
2013
2012
Cash
$ 137,900
$ 128,050
Short-term investments
102,440
78,800
Receivables (net)
193,060
157,600
Inventory
246,250
265,950
Prepaid expenses
57,130
45,310
Land
256,100
256,100
Building and equipment (net)
330,960
344,750
$1,323,840
$1,276,560
Liabilities and Stockholders’ Equity
Notes payable
$197,000
197,000
Accounts payable
94,560
82,740
Accrued liabilities
86,680
78,800
Bonds payable, due 2016
295,500
295,500
Common stock, $10 par
394,000
394,000
Retained earnings
256,100
228,520
$1,323,840
$1,276,560
ERNIE BISHOP COMPANY
Income Statement
For the Years Ended December 31
2013
2012
Net sales
$1,690,260
$1,572,060
Cost of goods sold
1,203,670
1,132,750
Gross profit
486,590
439,310
Operating expenses
402,865
356,570
Net income
$ 83,725
$ 82,740
Additional information:
1.
Inventory at the beginning of 2012 was $232,460.
2.
Total assets at the beginning of 2012 were $1,245,040.
3.
No common stock transactions occurred during 2012 or 2013.
4.
All sales were on account.
5.
Receivables (net) at the beginning of 2012 were $173,360.
(a) Indicate, by using ratios, the change in liquidity and profitability of Ernie Bishop Company from 2012 to 2013. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all others to 1 decimal place, e.g. 6.8 or 6.8% .)
2012
2013
Change
LIQUIDITY
Current
:1
:1
Acid-test
:1
:1
Receivables turnover
times
times
Inventory turnover
times
times
PROFITABILITY
Profit margin
%
%
Asset turnover
times
times
Return on assets
%
%
Earnings per share
$
$
(b) Given below are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2013, and (2) as of December 31, 2014, after giving effect to the situation. Net income for 2014 was $98,500. Total assets on December 31, 2014, were $1,379,000.
Situation
Ratio
(1)
35,460 shares of common stock were sold at par on July 1, 2014.
Return on common stockholders’ equity
(2)
All of the notes payable were paid in 2014. The only change in liabilities was that the notes payable were paid.
Debt to total assets
(3)
Market price of common stock was $18 on December 31, 2013, and $24.63 on December 31, 2014.
Price-earnings ratio
2013
2014
Change
Return on common stockholders’ equity
%
%
Debt to total assets
%
%
Price-earnings ratio
times
times
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Problem 14-6A
The comparative statements of Beulah Company are presented below.
BEULAH COMPANY
Income Statement
For the Years Ended December 31
2014
2013
Net sales (all on account)
$501,000
...
Problem 12-9AYour answer is partially correct. Try again..docx
Problem 12-9A
Your answer is partially correct. Try again.
Condensed financial data of Odgers Inc. follow.
ODGERS INC.Comparative Balance Sheets
December 31
Assets
2014
2013
Cash
$ 131,704
$ 78,892
Accounts receivable
143,114
61,940
Inventory
183,375
167,646
Prepaid expenses
46,292
42,380
Long-term investments
224,940
177,670
Plant assets
464,550
395,275
Accumulated depreciation
(81,500
)
(84,760
)
Total
$1,112,475
$839,043
Liabilities and Stockholders’ Equity
Accounts payable
$ 166,260
$ 109,699
Accrued expenses payable
26,895
34,230
Bonds payable
179,300
237,980
Common stock
358,600
285,250
Retained earnings
381,420
171,884
Total
$1,112,475
$839,043
ODGERS INC.Income Statement Data
For the Year Ended December 31, 2014
Sales revenue
$633,190
Less:
Cost of goods sold
$220,800
Operating expenses, excluding depreciation
20,228
Depreciation expense
75,795
Income tax expense
44,466
Interest expense
7,710
Loss on disposal of plant assets
12,225
381,224
Net income
$ 251,966
Additional information:
1.
New plant assets costing $163,000 were purchased for cash during the year.
2.
Old plant assets having an original cost of $93,725 and accumulated depreciation of $79,055 were sold for $2,445 cash.
3.
Bonds payable matured and were paid off at face value for cash.
4.
A cash dividend of $42,430 was declared and paid during the year.
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
ODGERS INC.Statement of Cash Flows
For the Year Ended December 31, 2014
$
Adjustments to reconcile net income to
$
$
Problem 12-10A
Condensed financial data of Odgers Inc. follow.
ODGERS INC.Comparative Balance Sheets
December 31
Assets
2014
2013
Cash
$ 151,904
$ 90,992
Accounts receivable
165,064
71,440
Inventory
211,500
193,358
Prepaid expenses
53,392
48,880
Long-term investments
259,440
204,920
Plant assets
535,800
455,900
Accumulated depreciation
(94,000
)
(97,760
)
Total
$1,283,100
$967,730
Liabilities and Stockholders’ Equity
Accounts payable
$ 191,760
$ 126,524
Accrued expenses payable
31,020
39,480
Bonds payable
206,800
274,480
Common stock
413,600
329,000
Retained earnings
439,920
198,246
Total
$1,283,100
$967,730
ODGERS INC.Income Statement Data
For the Year Ended December 31, 2014
Sales revenue
$730,305
Less:
Cost of goods sold
$254,665
Operating expenses, excluding depreciation
23,331
Depreciation expense
87,420
Income taxes
51,286
Interest expense
8,892
Loss on disposal of plant assets
14,100
439,694
Net income
$ 290,611
Additional information:
1.
New plant assets costing $188,000 were purchased for c.
manpreet fianacial statement analysis
Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements. These statements include the Income Statement, Balance Sheet, and Statement of Cash Flows. Financial statement analysis is a method or process involving specific techniques for evaluating risks, financial health, and future prospects of an organization. It is used by investors, stakeholders, the public, and decisionmakers within the organization. Popular methods of financial statement analysis include horizontal and vertical analysis and the use of financial ratios.
Problem 3-8BRIDGEPORT ADVERTISING TRIAL BALANCE DECEMBER 31, 2.pdf
Problem 3-8
BRIDGEPORT ADVERTISING
TRIAL BALANCE
DECEMBER 31, 2017
Unadjusted
Adjusted
Dr.
Cr.
Dr.
Cr.
$148,820
$148,820
$158,950
$158,950
No.
Date
Account Titles and Explanation
Debit
Credit
(To record accrued service revenue)
(To record supplies used)
(To expired insurance)
(To record depreciation on equiment)
(To record interest accrued on the note)
(To record service revenue earned)
(To record accrued wages)
Assets
Liabilities and Stockholders’ Equity
%
Open Show Work
SAVE FOR LATER
SUBMIT ANSWER
Problem 3-8 Bridgeport Advertising was founded by Murali Vedula in January 2015. Presented
below are both the adjusted and unadjusted trial balances as of December 31, 2017.
BRIDGEPORT ADVERTISING
TRIAL BALANCE
DECEMBER 31, 2017
Unadjusted
Adjusted
Dr.
Cr.
Dr.
Cr.Cash$16,740$16,740Accounts Receivable19,17023,012Supplies9,7606,845Prepaid
Insurance4,2202,625Equipment64,70064,700Accumulated Depreciation-
Equipment$24,120$29,050Notes Payable8,6008,600Accounts Payable1,8901,890Interest
Payable0602Unearned Service Revenue5,3503,405Salaries and Wages Payable0756Common
Stock19,22019,220Retained Earnings27,24727,247Dividends19,30019,300Service
Revenue62,39368,180Salaries and Wages Expense9,40010,156Insurance Expense1,595Interest
Expense602Depreciation Expense4,930Supplies Expense2,915Rent Expense5,5305,530
$148,820
$148,820
$158,950
$158,950Journalize the annual adjusting entries that were made. (Credit account titles are
automatically indented when amount is entered. Do not indent manually. If no entry is required,
select \"No entry\" for the account titles and enter 0 for the amounts.)
No.
Date
Account Titles and Explanation
Debit
Credit1.Dec. 31
(To record accrued service revenue)2.Dec. 31
(To record supplies used)3.Dec. 31
(To expired insurance)4.Dec. 31
(To record depreciation on equiment)5.Dec. 31
(To record interest accrued on the note)6.Dec. 31
(To record service revenue earned)7.Dec. 31
(To record accrued wages)Prepare an income statement for the year ended December 31. (Enter
loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
BRIDGEPORTADVERTISING
Income Statement
December 31, 2017For the Year Ended December 31, 2017For the Quarter Ended December
31, 2017
DividendsExpensesNet Income / (Loss)Retained Earnings, Janaury 1Retained Earnings,
December 31RevenuesTotal ExpensesTotal Revenues
$
DividendsExpensesNet Income / (Loss)Retained Earnings, Janaury 1Retained Earnings,
December 31RevenuesTotal ExpensesTotal Revenues
$
Dividends Expenses Net Income / (Loss) Retained Earnings, Janaury 1 Retained
Earnings, December 31 Revenues Total Expenses Total Revenues
DividendsExpensesNet Income / (Loss)Retained Earnings, Janaury 1Retained Earnings,
December 31RevenuesTotal ExpensesTotal Revenues$
Prepare a retained earnings statement for the year ended December 31. (List items that increase
retained earnings first.)
BRIDGEPORTADVERTISING
Retained Earnings Statement
December 31, 2017For the Year Ended December 31, 2017For .
Exercise 4-17Before AdjustmentAfter Adjustment01,200$7.pdf
Exercise 4-17
Before
Adjustment
After
Adjustment
0
1,200
$72,800
$72,800
$75,700
$75,700
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BERE COMPANY
Income Statement
For the Year Ended August 31, 2014
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BERE COMPANY
Retained Earnings Statement
For the Year Ended August 31, 2014
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BERE COMPANY
Balance Sheet
August 31, 2014
Assets
Liabilities and Stockholders\' Equity
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Exercise 4-17 The adjusted trial balance for Bere Company is given below:
BERE COMPANY
Trial Balance
August 31, 2014
Before
Adjustment
After
AdjustmentDr.Cr.Dr.Cr.Cash$10,900$10,900Accounts
Receivable8,8009,400Supplies2,500500Prepaid
Insurance4,0002,500Equipment16,00016,000Accumulated
Depreciation—Equipment$3,600$4,800Accounts Payable5,8005,800Salaries and Wages
Payable01,100Unearned Rent Revenue1,800800Common Stock10,00010,000Retained
Earnings5,5005,500Dividends2,8002,800Service Revenue34,00034,600Rent
Revenue12,10013,100Salaries and Wages Expense17,00018,100Supplies Expense02,000Rent
Expense10,80010,800Insurance Expense01,500Depreciation Expense
0
1,200
$72,800
$72,800
$75,700
$75,700
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CancelPrepare the income statement for the year ended August 31.
BERE COMPANY
Income Statement
For the Year Ended August 31, 2014
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
Expenses Revenues Total Expenses Total Revenues Net Income / (Loss) Retained
Earnings, September 1, 2013 Retained Earnings, August 31, 2014 Dividends
$
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
Expenses Revenues Total Expenses Total Revenues Net Income / (Loss) Retained
Earnings, September 1, 2013 Retained Earnings, August 31, 2014 Dividends
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
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Link to TextPrepare the retained earnings statements for the year ended August 31. (List items
that increase retained earnings first.)
BERE COMPANY
Retained Earnings Statement
For the Year Ended August 31, 2014
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
AddLess: ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained
Earnings, September 1, 2013Retained Earnings, August 31, 2014Dividends
AddLess: ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained
Earnings, September 1, 2013Retained Ear.
Tools of Financial Analysis and Control
Tools of Financial Analysis and Control (Performance Analysis).
Exercise 12-1Putnam Corporation had these transactions during 20.docx
Exercise 12-1
Putnam Corporation had these transactions during 2014.
Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.
(a)
Purchased a machine for $30,000, giving a long-term note in exchange.
(b)
Issued $50,000 par value common stock for cash.
(c)
Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.
(d)
Declared and paid a cash dividend of $13,000.
(e)
Sold a long-term investment with a cost of $15,000 for $15,000 cash.
(f)
Collected $16,000 of accounts receivable.
(g)
Paid $18,000 on accounts payable.
IFRS 13-1
Ling Company reports the following information for the year ended December 31, 2014: sales revenue $1,000,000, cost of goods sold $700,000, operating expenses $200,000, and an unrealized gain on non-trading securities of $75,000. Prepare a statement of comprehensive income using the one-statement approach.
LING COMPANY
Statement of Comprehensive Income
For the Year Ended December 31, 2014
$
$
Problem 12-9A
Condensed financial data of Odgers Inc. follow.
ODGERS INC.Comparative Balance Sheets
December 31
Assets
2014
2013
Cash
$ 127,664
$ 76,472
Accounts receivable
138,724
60,040
Inventory
177,750
162,503
Prepaid expenses
44,872
41,080
Long-term investments
218,040
172,220
Plant assets
450,300
383,150
Accumulated depreciation
(79,000
)
(82,160
)
Total
$1,078,350
$813,305
Liabilities and Stockholders’ Equity
Accounts payable
$ 161,160
$ 106,334
Accrued expenses payable
26,070
33,180
Bonds payable
173,800
230,680
Common stock
347,600
276,500
Retained earnings
369,720
166,611
Total
$1,078,350
$813,305
ODGERS INC.Income Statement Data
For the Year Ended December 31, 2014
Sales revenue
$613,767
Less:
Cost of goods sold
$214,027
Operating expenses, excluding depreciation
19,608
Depreciation expense
73,470
Income tax expense
43,102
Interest expense
7,473
Loss on disposal of plant assets
11,850
369,530
Net income
$ 244,237
Additional information:
1.
New plant assets costing $158,000 were purchased for cash during the year.
2.
Old plant assets having an original cost of $90,850 and accumulated depreciation of $76,630 were sold for $2,370 cash.
3.
Bonds payable matured and were paid off at face value for cash.
4.
A cash dividend of $41,128 was declared and paid during the year.
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
ODGERS INC.Statement of Cash Flows
For the Year Ended December 31, 2014
$
Adjustments to reconcile net income to
$
...
I need to calcuate the vertical analysis This is from the Financ.pdf
I need to calcuate the vertical analysis? This is from the Financial & Managerial Text book
Edition 12
Prepare a comparative balance sheet for 2014 and 2013, stating each asset as a percent of total
assets and each liability and stockholders\' equity item as a percent of the total liabilities and
stockholders\' equity.
Peacock Company
Comparative Balance Sheet
December 31, 2014 and 2013
2014 Amount
2014 Percent
2013 Amount
2013 Percent
Current assets
$ 1,050,000
Correct 10
$ 750,000
Correct 12
Property, plant, and equipment
1,960,000
Correct 15
2,100,000
Correct 17
Intangible assets
490,000
Correct 20
150,000
Correct 22
Total assets
$ 3,500,000
Correct 25
$ 3,000,000
Correct 27
Current liabilities
$ 630,000
Correct 30
$ 420,000
Correct 32
Long-term liabilities
1,260,000
Correct 35
1,200,000
Correct 37
Common stock
350,000
Correct 40
300,000
Correct 42
Retained earnings
1,260,000
Correct 45
1,080,000
Correct 47
Total liabilities and stockholders\' equity
$ 3,500,000
Correct 50
$ 3,000,000
Correct 52
Prepare a comparative balance sheet for 2014 and 2013, stating each asset as a percent of total
assets and each liability and stockholders\' equity item as a percent of the total liabilities and
stockholders\' equity.
Peacock Company
Comparative Balance Sheet
December 31, 2014 and 2013
2014 Amount
2014 Percent
2013 Amount
2013 Percent
Current assets
$ 1,050,000%
Correct 10
$ 750,000%
Correct 12
Property, plant, and equipment
1,960,000%
Correct 15
2,100,000%
Correct 17
Intangible assets
490,000%
Correct 20
150,000%
Correct 22
Total assets
$ 3,500,000%
Correct 25
$ 3,000,000%
Correct 27
Current liabilities
$ 630,000%
Correct 30
$ 420,000%
Correct 32
Long-term liabilities
1,260,000%
Correct 35
1,200,000%
Correct 37
Common stock
350,000%
Correct 40
300,000%
Correct 42
Retained earnings
1,260,000%
Correct 45
1,080,000%
Correct 47
Total liabilities and stockholders\' equity
$ 3,500,000%
Correct 50
$ 3,000,000%
Correct 52
Solution
The analyzed table is as follows.20142013$%$%Current
Assets10,50,00030.00%7,50,00025.00%Property, Plant &
Equipment19,60,00056.00%21,00,00070.00%Intangible
Assets4,90,00014.00%1,50,0005.00%TOTAL
ASSETS35,00,000100.00%30,00,000100.00%Current
Liabilities6,30,00018.00%4,20,00014.29%Long-Term
Liabilities12,60,00036.00%12,00,00040.82%Common
Stock3,50,00010.00%3,00,00010.20%Retained
Earnings12,60,00036.00%10,20,00034.69%TOTAL LIABILITIES &
EQUITY35,00,000100.00%29,40,000100.00%.
Comparative financial statements for Bent Stew Enterprises are shown.pdf
Comparative financial statements for Bent Stew Enterprises are shown below:
December 31
2014 2013
Assets
Current assets:
Cash $ 3,000 $ 800
Accounts receivable 8,500 6,000
Inventory 12,000 8,200
Prepaid expenses 1,400 900
Total current assets 24,900 15,900
Property, plant, and equipment, net 103,600 123,300
Intangible assets, net 64,000 47,000
Total assets $192,500 $186,200
Liabilities and Stockholders Equity
Current liabilities:
Accounts payable $ 11,000 $ 12,000
Other current liabilities 11,800 3,200
Total current liabilities 22,800 15,200
Long-term debt 120,000 128,000
Total liabilities 142,800 143,200
Stockholders equity:
Common stock 15,000 15,000
Additional paid-in capital 20,000 20,000
Retained earnings 14,700 8,000
Total stockholders equity 49,700 43,000
Total liabilities and stockholders equity $192,500 $186,200
Year Ended December 31
2014 2013
Sales $250,000 $ 230,000
Cost of goods sold 164,000 142,300
Gross margin 86,000 87,700
Operating expenses 64,000 54,000
Operating income 22,000 33,700
Interest expense 7,500 5,900
Earnings before income taxes 14,500 27,800
Income taxes 7,800 7,140
Net earnings $ 6,700 $ 20,660
Using horizontal analysis, how would you best describe the change in the companys operating
expenses from 2013 to 2014?.
Exercise 1 Identify each of the following as (a) an underl.docx
Exercise 1
Identify each of the following as (a) an underlying concept, (b) an objective of financial statement analysis, (c) a standard for financial statement analysis, (d) a source of information for financial statement analysis, or an executive compensation issue:
Past Ratios of the company
Linking performance to shareholder value
Average ratios of other companies in the same industry
Assessment of the future potential of an investment
Timeliness
Interim financial statements
SEC Form 10-K
Assessment of rick
Comparability
A company’s annual report
Exercise 7
Elm Company had total assets of $640,000 in 2012. $680,000 in 2013, and $760.000 in 2014.
In 2013, Elm had net income of $77,112 on revenues of $1,224,000.
In 2014, it had net income of $98,952 on revenues of $1,596,000.
Compute the profit margin, asset turnover, and return on assets for 2013 and 2014.
Comment on the apparent cause of the increase or decrease in profitability.
(Round to one decimal place).
Exercise 12
Components of Van Corporation’s income statement for the year ended December 31, 2014 follow.
Recast the income statement in multiple step form, including allocating income taxes to appropriate items (assume a 30 percent income tax rate) and showing earnings per share figures (200,000 shares outstanding).
(Round earnings per share figures to the nearest cent.)
Sales
$1,110,000
Cost of goods sold
(550,000)
Operating expenses
(225,000)
Restructuring
(110,000)
Total income taxes expense for period
(179,000)
Income from discontinued operations
160,000
Gain on disposal of discontinued operations
140,000
Extraordinary gain
72,000
Net income
$417,900
Earnings per share
$
2.09
Problem 1
Obras Corporation’s condensed comparative income statements and comparative balance sheets for 2014 and 2013 follow.
Obras Corporation
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013
2014
2013
Net sales
$3,276,800
$3,146,400
Cost of goods sold
2,088,800
2,008,400
Gross margin
$1,188,000
$1,138,000
Operating expenses:
Selling expenses
$476,800
$518,000
Administrative expenses
447,200
423,200
Total operating expenses
$924,000
$941,200
Income from operations
$264,000
$196,800
Interest expense
65,600
39,200
Interest before income taxes
$198,400
$157,600
Income taxes expense
62,400
56,800
Net income
$136,000
$100,800
Earnings per share
$
3.40
$
2.52
Obras Corporation
Comparative Balance Sheets
December 31, 2014 and 2013
2014
2013
Assets
Cash
$81,200
$40,800
Accounts receivable (net)
235,600
229,200
Inventory
574,800
594,800
Property, plants and equipment (net)
750,000
720,000
Total assets
$1,641,600
$1,584,800
Liabilities and Stockholders’ Equity
Accounts payable
$267,000
$477,200
Notes payable (short-term)
200,000
400,000
Bonds payable
400,000
---
Common stock, $10 par value
400,000
400,000
Retained earnings
374,000
307,600
Total liabilities and st.
FY 2012 Financial Audit for Rural Advancement Foundation International-USA
Financial audit conducted for Rural Advancement Foundation International-USA for fiscal year 2012 (January 1 - December 31, 2013).
Sheet1Answer 1. Budgeted statement of cost of goods sold Comfort F.docx
Sheet1Answer 1. Budgeted statement of cost of goods sold Comfort FurnitureBudgeted cost of goods soldfor the year ending December 31, 2017Finished goods inventory, 1/1/1724000Cost of goods manufacturedDirect Material used62500Direct Labor50900Manufacturing Overhead Applied48600162000Cost of goods available for sale186000Less: Finished goods inventory, 31/12/17 (2500 units @ $18)45000Cost of goods sold141000Answer 2. Budgeted multiple-step income statement Comfort FurnitureBudgeted income statementFor the year ending December 31, 2017Sales Revenue 256000Less: COGS141000Gross Profit115000Less: Selling and Admin Expenses75000Income from operations40000Less: Interest Expense3500Income before taxes36500Less: Tax @ 40%14600Net income21900Answer 3.Retained earnings statement for 2017 Comfort FurnitureBudgeted Retained Earning StatementFor the year ending on December 31, 2017Retained Earnings, 1/1/1725000Add: Net income2190046900Less: Dividends8000Retained Earnings 31/12/201738900Answer 4. Budgeted classified balance sheet at December 31,2017 Comfort Furniture PTY LtdBalance Sheet as on 31st December, 2017AssetsCurrent AssetsCash5880Accounts receivable30720Finished goods inventory (1500 units)45000Total current assets81600Property, plant and equipmentEquipment49000Less: Accumulated depreciation14000Total Property, plant and equipment35,000Total Assets116,600Total liabilities and stockholders’ equityLiabilitiesNotes payable17000Accounts payable15700Total Liabilities500037700Stockholders’ EquityCommon stock40000Retained earnings38900Total stockholders’ equity78900Total liabilities and stockholders’ equity116,600Answer 5. Budgeted classified balance sheet at December 31,2017 Comfort Furniture PTY LtdStatement of budgeted cash balanceAmountsOpening Cash Balance7500Add: Cash collected from receivables298780Less: Cash paid for direct meterial91800Less: Equipment Purchase9000Less: Dividend8000Less: Notes payable paid8000Less: Interest payment3500Less: Taxes paid9600Less: Direct Labor50900Less: Selling and administrative expenses (Less of depreciation included)73000Less: Manufacturing overheads (Less of depreciation included)46600Closing balance of cash5,880NotesCash collected from receivables = Opening balance of accounts receivable + sales made- closing balance of AR73500+256000-(76800*40%)298780Cash paid to direct meterial= Opening balance of AP + Direct meterial- closing balance of AP45000+62500-(7200+(17000*50%))91800Answer 2 (a).primary benefits of budgeting 1. Budgeting helps in guide the administration identifying with its future planning and formulation of policies.2. Through budgeting substance can control its money related issues effectively.3. Budgeting spares the pressure of all of a sudden changing in accordance with lack of funds since you didn't at first arrangement how to spend them.4. Budgeting is utilized to assess the strategies and objectives of an organization. Additionally, such approaches and objectives are tried with the a.
B PROBLEMSP23-1B (L02,4) (SCF—Indirect Method) The followi.docx
B PROBLEMS
P23-1B (L02,4) (SCF—Indirect Method) The following are Sanibel Corp.’s comparative balance sheet accounts at Decem-
ber 31, 2017 and 2016, with a column showing the increase (decrease) from 2016 to 2017.
Additional information:
1. On December 31, 2016, Sanibel acquired 25% of Island Co.’s common stock for $420,000. On that date, the carrying value
of Island’s assets and liabilities, which approximated their fair values, was $1,680,000. Island reported income of $220,000
for the year ended December 31, 2017. No dividend was paid on Island’s common stock during the year.
2. During 2016, Sanibel loaned $500,000 to POI Co., an unrelated company. POI made the first semi-annual principal repay-
ment of $50,000, plus interest at 10%, on December 31, 2016. POI is current on the loan as of December 31, 2017.
3. On January 2, 2017, Sanibel sold equipment costing $100,000, with a carrying amount of $31,000, for $20,000 cash.
4. On December 31, 2017, Sanibel entered into a capital lease for a new factory. The present value of the annual rental pay-
ments is $850,000, which equals the fair value of the building. Sanibel made the first rental payment of $120,000 when due
on January 2, 2018.
5. Net income for 2017 was $285,000.
6. Sanibel declared and paid cash dividends for 2017 and 2016 as follows.
Instructions
Prepare a statement of cash flows for Sanibel Corp. for the year ended December 31, 2017, using the indirect method.
(AICPA adapted)
1
COMPARATIVE BALANCE SHEETS
Increase
2017 2016 (Decrease)
Cash $ 650,000 $ 510,000 $ 140,000
Accounts receivable 1,260,000 1,090,000 170,000
Inventory 1,538,000 1,370,000 168,000
Property, plant, and equipment 2,680,000 1,763,000 917,000
Accumulated depreciation (850,000) (760,000) (90,000)
Investment in Island Co. 475,000 420,000 55,000
Loan receivable 350,000 450,000 (100,000)
Total assets $6,103,000 $4,843,000 $1,260,000
Accounts payable $1,080,000 $ 910,000 $ 170,000
Income taxes payable 90,000 75,000 15,000
Dividends payable 100,000 60,000 40,000
Capital lease obligation 850,000 0 850,000
Common stock, $1 par 400,000 400,000 0
Paid-in capital in excess of 2,100,000 2,100,000 0
par—common stock
Retained earnings 1,483,000 1,298,000 185,000
Total liabilities and stockholders’ equity $6,103,000 $4,843,000 $1,260,000
2017 2016
Declared December 15, 2017 December 15, 2016
Paid February 28, 2018 February 28, 2017
Amount $100,000 $60,000
c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 /208/WB01908/XXXXXXXXXXXXX/ch23/text_s/208/WB01908/XXXXXXXXXXXXX/ch23/text_s
2 Chapter 23 Statement of Cash Flows
P23-2B (L02,4) (SCF—Indirect Method) The comparative balance sheets for Queen Corporation show the following
information.
Additional data related to 2017 are as follows.
1. Equipment that had cost $20,000 and was 60% depreciated at time of disposal was sold for $2,000.
2. $18,000 of th ...
1. Prepare and analize the common statement for An.pdf
1.
Prepare and analize the common statement for Anandam Manufacturing Company. Show all
calculations.
2.
Prepare and analize the cash flow statement for Anandam Manufacturing Company. Show all
calculations.
3.
Calculate the ratios based on case Exhibit 3. Show all calculations. Based on financial analysis
of financial statements, would a loan officer grant a loan to Anandam financial company?
EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIos Sector Average Ratio 2:301 Current
ratio Acid test ratio (quick ratio) 120 Receivable tunover ratioimes turnover 52 days Receivable
days Inventory turmover ratio Inventory days Long-term detttototal debt Debt-to-equity ratio
Gross profit rato Net profit ratio Retun on equity Retum on total assets 4.85 times 75 days 24%
35% 40% 18% 22% 10% Total asset turnover ratio Ti Fixed asset turnover ratio Current asset
tunover ratio3 interest coverage ratio (tmes 10 nterest earned Warking captal smover ratio Retu
on ed sset
Solution
1….Common -size Income statement 2012-13 % to Total sales 2013-14 % to Total sales
2014-15 % to Total sales Analysis of % to Total sales proportion Sales Cash 200 10.00%
480 10.00% 800 10.00% Credit 1800 90.00% 4320 90.00% 7200 90.00% Total Sales 2000
100.00% 4800 100.00% 8000 100.00% COGS 1240 62.00% 2832 59.00% 4800 60.00%
COGS has reduced in the last 2 yrs. Gross profit 760 38.00% 1968 41.00% 3200 40.00% so,
G/P has increased Operating Expenses: Gen.adm.& sell.exp. 80 4.00% 450 9.38% 1000
12.50% % to sales has doubled in 2013-14 & increased by more than 25% in 2014-15
Depreciation 100 5.00% 400 8.33% 660 8.25% Has increased by 3% in the last 2 yrs.
Int.exp.(on borrowings) 60 3.00% 158 3.29% 340 4.25% Has slightly increased in 2014-15
Profit before tax(PBT) 520 26.00% 960 20.00% 1200 15.00% PBT% has reduced gradually in
both the yrs.due to increase in all operating expenses esp.gen admn.& sell exp. Tax at 30% 156
7.80% 288 6.00% 360 4.50% Decrease % due to decrease in profit % Profit after tax(PAT) 364
18.20% 672 14.00% 840 10.50% PAT% has reduced gradually in both the yrs.due to increase in
all operating expenses esp.gen admn.& sell exp. Common-size Balance
Sheet Assets % to Total % to Total % to Total Fixed assets(net of dep) 1900 74.22%
2500 44.64% 4700 51.33% Assets have decreased to the total Current assets Cash & Cash
equivalents 40 1.56% 100 1.79% 106 1.16% Slight variation in ratio to total Accounts
Receivables 300 11.72% 1500 26.79% 2100 22.94% Has increased in 2013-14 & again
decreased in 2014-15 Inventories 320 12.50% 1500 26.79% 2250 24.57% Has increased in
2013-14 & again decreased in 2014-15 Total 2560 100.00% 5600 100.00% 9156 100.00%
Equity & Liabilities Equity share capital($ 10) 1200 46.88% 1600 28.57% 2000 21.84%
Decreased steadily in all the 2 yrs. Reserves & surplus 364 14.22% 1036 18.50% 1876 20.49%
Increased steadily in both 2 yrs.due to increase in $ net income in those yrs. Long-term
borrowings 736 28.75% 1236 22.07% 2500 27.30% Decreased in 2013-14 & again increased i.
Financial Reporting And Analysis
Financial Reporting And Analysis Explained.as to why is it important, Who is it important for and the different ways of analyzing a financial statement.
Greenwich University
Week 8 Assignment 1 Answers______________INSERT Organization Name_.docx
Week 8 Assignment 1 Answers______________INSERT Organization Name______________INSERT Organization NameABDEFGStatement of Operations (in thousands)Balance Sheet (in thousands)(in '000)for the Years Ended December 31, 20X1 and 20X0for the Years Ended December 31, 20X1 and 20X012/31/20X112/31/20X020X120X120X020X0Ratio[a][D/E][F/G]NumeratorDenominatorNumeratorDenominator 20X1 20X0 20X1 20X0RevenuesCurrent assetsCurrent Ratio Net patient service revenue Cash and cash equivalentsQuick Ratio Net assets released from restriction Net patient receivablesAcid Test RatioTotal operating revenues InventoryDays in Accounts ReceivableTotal current assetsDays Cash on HandExpensesAverage Payment Period (Days) Salaries and benefitsNon-current assets Supplies and other expensesPlant, property, and equipmentOperating Revenue per Adjusted Discharge Depreciation Gross plant, property, and equipmentOperating Expense per Adjusted Discharge General services (less accumulated depreciation)Salary & Benefit Exp. as % of Operating Exp.Total operating expenses Net plant, property, and equipmentOperating MarginNon-Operating RevenueOperating incomeBoard-designated fundsReturn on Total AssetsNon-operating income Return on Net AssetsTotal assetsExcess of revenues over expensesTotal Asset Turnover RatioCurrent liabilitiesFixed Asset Turnover RatioIncrease (decrease) in net assets Accounts payableAge of Plant Ratio Accrued expensesTotal current liabilitiesLong-Term Debt to Net AssetsNet Assets to Total AssetsLong-term liabilities Bonds payableTotal long-term liabilitiesNet assetsTotal liabilities and net assets
© 2015 Laureate Education, Inc. Page 1 of 3
Healthcare Financial Management and Economics
Week 8 Assignment 1 — Springfield Community Hospital
Assignment 1: Ratio Analysis
It is important to understand that when interpreting financial statements, the numbers
alone may not provide the whole financial picture of an organization. Instead, you must
analyze the statements using ratios, which are then compared to benchmarks across
the healthcare industry. For this Assignment, you examine the financial documents for
Springfield Community Hospital and analyze the organization’s financial health.
Springfield Community Hospital
Springfield Community Hospital is a small community hospital serving a rural
population. The adjusted discharges are 3.30 for the 1st year and 3.10 for the 2nd.
Springfield Community Hospital
Statement of Operations (in thousands) for the
Years Ended December 31, 2016 and 2017
2016
2017
Revenues
Net patient service revenue $21,000
$17,000
Net assets released from restriction 1,000
800
Total operating revenues 22,000
17,800
Expenses
Salaries and benefits 12,000
8,000
Supplies and other expenses 6,000
5,000
Depreciation 2,300
1,900
General services 200
100
Total operating expenses 20,500.
Chapter 4: Financial Statement Analysis
Financial Management of Health Care Organizations An Introduction 4th edition, Zelman
Explain how The Capitol Building (in D.C.) is a reflection of Greco-.pdf
Explain how The Capitol Building (in D.C.) is a reflection of Greco-Roman architecture.
Solution
Capitol Building is a fine example of the 19th-century neoclassical architecture, the Capitol
Building’s interior is dominated by Greco- Roman designs, and contains a profusion of frescoes,
murals. It has five floors, of which the first level contains committee rooms and spaces allocated
to various congressional officers. It also Consists of cast-iron dome, topped with Thomas
Crawford\'s colossal statue. The dome is famed for its odd acoustic sounds. The white colour is
also significance of romans..
estion 5 of 34 Sapling Learning Which is the correct name of the fo.pdf
estion 5 of 34 Sapling Learning Which is the correct name of the following molecule? O 3,6-
diethyl-5-isobutyl-8-rnethylinonane O 4.7-diethyl-5-isobutyl 2 methyinonane 3,6-diethyl-5-
isopropyl-8-methylinonane 2.3-dimethyl-5-butyl-8-methylnonane
Solution
Basic IUPAC rules for alkanes
Step 1 The longest continuous chain of carbon atoms is the parent chain. If there is no longest
chain because two or more chains are the same longest length, then the parent chain is defined as
the one with the most branches. (The idea here is to keep the name simpler. More branches
numbered from the parent chain means fewer parentheses needed later.)
Carbon atoms connected to the parent chain but not part of it are parts of branches. To avoid
ambiguity, branches are numbered based on the carbon number of the parent chain at the point of
attachment to the parent chain.
Step 2 The general idea in naming organic compounds is to always aim for the smallest numbers
possible. Whenever two or more possibilities exist, which is usually the case, because there are
two ends you can start numbering from on all acyclic chains, \"smallest numbers\" means
smallest at the first difference.
Step 3 Once all the numbers for the branches are determined, the branches are named using -yl,
and ordered alphabetically. If branches themselves are branched, then the complete name of the
branch (with numbers) must be determined at this time. It is the complete name of the branch
which is alphabetized.
Step 4 Finally, when more than one of the same branch is present, the prefixes di, tri, tetra, etc.
for simple branches and bis, tris, tetrakis, etc. for branches containing numbers, are added just
after the numbers locating the branch on the parent chain. The name is constructed by separating
numbers with commas and adding hyphens before and after sets of numbers so that they don\'t
run into words. Branches with numbers are set off with parentheses so that it is clear that the
numbers only refer to that branch. Other than that, there is no punctuation and there are no
spaces in the names.
Hence option (b) is correct
4,7 di methyl 5 isobutyl 2 methyl nonane.
More Related Content
Similar to Exercise 14-3GURLEY CORPORATION Comparative Condensed Balance Sh.pdf
Exercise 4-17Before AdjustmentAfter Adjustment01,200$7.pdf
Exercise 4-17
Before
Adjustment
After
Adjustment
0
1,200
$72,800
$72,800
$75,700
$75,700
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BERE COMPANY
Income Statement
For the Year Ended August 31, 2014
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BERE COMPANY
Retained Earnings Statement
For the Year Ended August 31, 2014
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BERE COMPANY
Balance Sheet
August 31, 2014
Assets
Liabilities and Stockholders\' Equity
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Exercise 4-17 The adjusted trial balance for Bere Company is given below:
BERE COMPANY
Trial Balance
August 31, 2014
Before
Adjustment
After
AdjustmentDr.Cr.Dr.Cr.Cash$10,900$10,900Accounts
Receivable8,8009,400Supplies2,500500Prepaid
Insurance4,0002,500Equipment16,00016,000Accumulated
Depreciation—Equipment$3,600$4,800Accounts Payable5,8005,800Salaries and Wages
Payable01,100Unearned Rent Revenue1,800800Common Stock10,00010,000Retained
Earnings5,5005,500Dividends2,8002,800Service Revenue34,00034,600Rent
Revenue12,10013,100Salaries and Wages Expense17,00018,100Supplies Expense02,000Rent
Expense10,80010,800Insurance Expense01,500Depreciation Expense
0
1,200
$72,800
$72,800
$75,700
$75,700
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CancelPrepare the income statement for the year ended August 31.
BERE COMPANY
Income Statement
For the Year Ended August 31, 2014
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
Expenses Revenues Total Expenses Total Revenues Net Income / (Loss) Retained
Earnings, September 1, 2013 Retained Earnings, August 31, 2014 Dividends
$
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
Expenses Revenues Total Expenses Total Revenues Net Income / (Loss) Retained
Earnings, September 1, 2013 Retained Earnings, August 31, 2014 Dividends
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
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Link to TextPrepare the retained earnings statements for the year ended August 31. (List items
that increase retained earnings first.)
BERE COMPANY
Retained Earnings Statement
For the Year Ended August 31, 2014
ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings,
September 1, 2013Retained Earnings, August 31, 2014Dividends
$
AddLess: ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained
Earnings, September 1, 2013Retained Earnings, August 31, 2014Dividends
AddLess: ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained
Earnings, September 1, 2013Retained Ear.
Tools of Financial Analysis and Control
Tools of Financial Analysis and Control (Performance Analysis).
Exercise 12-1Putnam Corporation had these transactions during 20.docx
Exercise 12-1
Putnam Corporation had these transactions during 2014.
Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.
(a)
Purchased a machine for $30,000, giving a long-term note in exchange.
(b)
Issued $50,000 par value common stock for cash.
(c)
Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.
(d)
Declared and paid a cash dividend of $13,000.
(e)
Sold a long-term investment with a cost of $15,000 for $15,000 cash.
(f)
Collected $16,000 of accounts receivable.
(g)
Paid $18,000 on accounts payable.
IFRS 13-1
Ling Company reports the following information for the year ended December 31, 2014: sales revenue $1,000,000, cost of goods sold $700,000, operating expenses $200,000, and an unrealized gain on non-trading securities of $75,000. Prepare a statement of comprehensive income using the one-statement approach.
LING COMPANY
Statement of Comprehensive Income
For the Year Ended December 31, 2014
$
$
Problem 12-9A
Condensed financial data of Odgers Inc. follow.
ODGERS INC.Comparative Balance Sheets
December 31
Assets
2014
2013
Cash
$ 127,664
$ 76,472
Accounts receivable
138,724
60,040
Inventory
177,750
162,503
Prepaid expenses
44,872
41,080
Long-term investments
218,040
172,220
Plant assets
450,300
383,150
Accumulated depreciation
(79,000
)
(82,160
)
Total
$1,078,350
$813,305
Liabilities and Stockholders’ Equity
Accounts payable
$ 161,160
$ 106,334
Accrued expenses payable
26,070
33,180
Bonds payable
173,800
230,680
Common stock
347,600
276,500
Retained earnings
369,720
166,611
Total
$1,078,350
$813,305
ODGERS INC.Income Statement Data
For the Year Ended December 31, 2014
Sales revenue
$613,767
Less:
Cost of goods sold
$214,027
Operating expenses, excluding depreciation
19,608
Depreciation expense
73,470
Income tax expense
43,102
Interest expense
7,473
Loss on disposal of plant assets
11,850
369,530
Net income
$ 244,237
Additional information:
1.
New plant assets costing $158,000 were purchased for cash during the year.
2.
Old plant assets having an original cost of $90,850 and accumulated depreciation of $76,630 were sold for $2,370 cash.
3.
Bonds payable matured and were paid off at face value for cash.
4.
A cash dividend of $41,128 was declared and paid during the year.
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
ODGERS INC.Statement of Cash Flows
For the Year Ended December 31, 2014
$
Adjustments to reconcile net income to
$
...
I need to calcuate the vertical analysis This is from the Financ.pdf
I need to calcuate the vertical analysis? This is from the Financial & Managerial Text book
Edition 12
Prepare a comparative balance sheet for 2014 and 2013, stating each asset as a percent of total
assets and each liability and stockholders\' equity item as a percent of the total liabilities and
stockholders\' equity.
Peacock Company
Comparative Balance Sheet
December 31, 2014 and 2013
2014 Amount
2014 Percent
2013 Amount
2013 Percent
Current assets
$ 1,050,000
Correct 10
$ 750,000
Correct 12
Property, plant, and equipment
1,960,000
Correct 15
2,100,000
Correct 17
Intangible assets
490,000
Correct 20
150,000
Correct 22
Total assets
$ 3,500,000
Correct 25
$ 3,000,000
Correct 27
Current liabilities
$ 630,000
Correct 30
$ 420,000
Correct 32
Long-term liabilities
1,260,000
Correct 35
1,200,000
Correct 37
Common stock
350,000
Correct 40
300,000
Correct 42
Retained earnings
1,260,000
Correct 45
1,080,000
Correct 47
Total liabilities and stockholders\' equity
$ 3,500,000
Correct 50
$ 3,000,000
Correct 52
Prepare a comparative balance sheet for 2014 and 2013, stating each asset as a percent of total
assets and each liability and stockholders\' equity item as a percent of the total liabilities and
stockholders\' equity.
Peacock Company
Comparative Balance Sheet
December 31, 2014 and 2013
2014 Amount
2014 Percent
2013 Amount
2013 Percent
Current assets
$ 1,050,000%
Correct 10
$ 750,000%
Correct 12
Property, plant, and equipment
1,960,000%
Correct 15
2,100,000%
Correct 17
Intangible assets
490,000%
Correct 20
150,000%
Correct 22
Total assets
$ 3,500,000%
Correct 25
$ 3,000,000%
Correct 27
Current liabilities
$ 630,000%
Correct 30
$ 420,000%
Correct 32
Long-term liabilities
1,260,000%
Correct 35
1,200,000%
Correct 37
Common stock
350,000%
Correct 40
300,000%
Correct 42
Retained earnings
1,260,000%
Correct 45
1,080,000%
Correct 47
Total liabilities and stockholders\' equity
$ 3,500,000%
Correct 50
$ 3,000,000%
Correct 52
Solution
The analyzed table is as follows.20142013$%$%Current
Assets10,50,00030.00%7,50,00025.00%Property, Plant &
Equipment19,60,00056.00%21,00,00070.00%Intangible
Assets4,90,00014.00%1,50,0005.00%TOTAL
ASSETS35,00,000100.00%30,00,000100.00%Current
Liabilities6,30,00018.00%4,20,00014.29%Long-Term
Liabilities12,60,00036.00%12,00,00040.82%Common
Stock3,50,00010.00%3,00,00010.20%Retained
Earnings12,60,00036.00%10,20,00034.69%TOTAL LIABILITIES &
EQUITY35,00,000100.00%29,40,000100.00%.
Comparative financial statements for Bent Stew Enterprises are shown.pdf
Comparative financial statements for Bent Stew Enterprises are shown below:
December 31
2014 2013
Assets
Current assets:
Cash $ 3,000 $ 800
Accounts receivable 8,500 6,000
Inventory 12,000 8,200
Prepaid expenses 1,400 900
Total current assets 24,900 15,900
Property, plant, and equipment, net 103,600 123,300
Intangible assets, net 64,000 47,000
Total assets $192,500 $186,200
Liabilities and Stockholders Equity
Current liabilities:
Accounts payable $ 11,000 $ 12,000
Other current liabilities 11,800 3,200
Total current liabilities 22,800 15,200
Long-term debt 120,000 128,000
Total liabilities 142,800 143,200
Stockholders equity:
Common stock 15,000 15,000
Additional paid-in capital 20,000 20,000
Retained earnings 14,700 8,000
Total stockholders equity 49,700 43,000
Total liabilities and stockholders equity $192,500 $186,200
Year Ended December 31
2014 2013
Sales $250,000 $ 230,000
Cost of goods sold 164,000 142,300
Gross margin 86,000 87,700
Operating expenses 64,000 54,000
Operating income 22,000 33,700
Interest expense 7,500 5,900
Earnings before income taxes 14,500 27,800
Income taxes 7,800 7,140
Net earnings $ 6,700 $ 20,660
Using horizontal analysis, how would you best describe the change in the companys operating
expenses from 2013 to 2014?.
Exercise 1 Identify each of the following as (a) an underl.docx
Exercise 1
Identify each of the following as (a) an underlying concept, (b) an objective of financial statement analysis, (c) a standard for financial statement analysis, (d) a source of information for financial statement analysis, or an executive compensation issue:
Past Ratios of the company
Linking performance to shareholder value
Average ratios of other companies in the same industry
Assessment of the future potential of an investment
Timeliness
Interim financial statements
SEC Form 10-K
Assessment of rick
Comparability
A company’s annual report
Exercise 7
Elm Company had total assets of $640,000 in 2012. $680,000 in 2013, and $760.000 in 2014.
In 2013, Elm had net income of $77,112 on revenues of $1,224,000.
In 2014, it had net income of $98,952 on revenues of $1,596,000.
Compute the profit margin, asset turnover, and return on assets for 2013 and 2014.
Comment on the apparent cause of the increase or decrease in profitability.
(Round to one decimal place).
Exercise 12
Components of Van Corporation’s income statement for the year ended December 31, 2014 follow.
Recast the income statement in multiple step form, including allocating income taxes to appropriate items (assume a 30 percent income tax rate) and showing earnings per share figures (200,000 shares outstanding).
(Round earnings per share figures to the nearest cent.)
Sales
$1,110,000
Cost of goods sold
(550,000)
Operating expenses
(225,000)
Restructuring
(110,000)
Total income taxes expense for period
(179,000)
Income from discontinued operations
160,000
Gain on disposal of discontinued operations
140,000
Extraordinary gain
72,000
Net income
$417,900
Earnings per share
$
2.09
Problem 1
Obras Corporation’s condensed comparative income statements and comparative balance sheets for 2014 and 2013 follow.
Obras Corporation
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013
2014
2013
Net sales
$3,276,800
$3,146,400
Cost of goods sold
2,088,800
2,008,400
Gross margin
$1,188,000
$1,138,000
Operating expenses:
Selling expenses
$476,800
$518,000
Administrative expenses
447,200
423,200
Total operating expenses
$924,000
$941,200
Income from operations
$264,000
$196,800
Interest expense
65,600
39,200
Interest before income taxes
$198,400
$157,600
Income taxes expense
62,400
56,800
Net income
$136,000
$100,800
Earnings per share
$
3.40
$
2.52
Obras Corporation
Comparative Balance Sheets
December 31, 2014 and 2013
2014
2013
Assets
Cash
$81,200
$40,800
Accounts receivable (net)
235,600
229,200
Inventory
574,800
594,800
Property, plants and equipment (net)
750,000
720,000
Total assets
$1,641,600
$1,584,800
Liabilities and Stockholders’ Equity
Accounts payable
$267,000
$477,200
Notes payable (short-term)
200,000
400,000
Bonds payable
400,000
---
Common stock, $10 par value
400,000
400,000
Retained earnings
374,000
307,600
Total liabilities and st.
FY 2012 Financial Audit for Rural Advancement Foundation International-USA
Financial audit conducted for Rural Advancement Foundation International-USA for fiscal year 2012 (January 1 - December 31, 2013).
Sheet1Answer 1. Budgeted statement of cost of goods sold Comfort F.docx
Sheet1Answer 1. Budgeted statement of cost of goods sold Comfort FurnitureBudgeted cost of goods soldfor the year ending December 31, 2017Finished goods inventory, 1/1/1724000Cost of goods manufacturedDirect Material used62500Direct Labor50900Manufacturing Overhead Applied48600162000Cost of goods available for sale186000Less: Finished goods inventory, 31/12/17 (2500 units @ $18)45000Cost of goods sold141000Answer 2. Budgeted multiple-step income statement Comfort FurnitureBudgeted income statementFor the year ending December 31, 2017Sales Revenue 256000Less: COGS141000Gross Profit115000Less: Selling and Admin Expenses75000Income from operations40000Less: Interest Expense3500Income before taxes36500Less: Tax @ 40%14600Net income21900Answer 3.Retained earnings statement for 2017 Comfort FurnitureBudgeted Retained Earning StatementFor the year ending on December 31, 2017Retained Earnings, 1/1/1725000Add: Net income2190046900Less: Dividends8000Retained Earnings 31/12/201738900Answer 4. Budgeted classified balance sheet at December 31,2017 Comfort Furniture PTY LtdBalance Sheet as on 31st December, 2017AssetsCurrent AssetsCash5880Accounts receivable30720Finished goods inventory (1500 units)45000Total current assets81600Property, plant and equipmentEquipment49000Less: Accumulated depreciation14000Total Property, plant and equipment35,000Total Assets116,600Total liabilities and stockholders’ equityLiabilitiesNotes payable17000Accounts payable15700Total Liabilities500037700Stockholders’ EquityCommon stock40000Retained earnings38900Total stockholders’ equity78900Total liabilities and stockholders’ equity116,600Answer 5. Budgeted classified balance sheet at December 31,2017 Comfort Furniture PTY LtdStatement of budgeted cash balanceAmountsOpening Cash Balance7500Add: Cash collected from receivables298780Less: Cash paid for direct meterial91800Less: Equipment Purchase9000Less: Dividend8000Less: Notes payable paid8000Less: Interest payment3500Less: Taxes paid9600Less: Direct Labor50900Less: Selling and administrative expenses (Less of depreciation included)73000Less: Manufacturing overheads (Less of depreciation included)46600Closing balance of cash5,880NotesCash collected from receivables = Opening balance of accounts receivable + sales made- closing balance of AR73500+256000-(76800*40%)298780Cash paid to direct meterial= Opening balance of AP + Direct meterial- closing balance of AP45000+62500-(7200+(17000*50%))91800Answer 2 (a).primary benefits of budgeting 1. Budgeting helps in guide the administration identifying with its future planning and formulation of policies.2. Through budgeting substance can control its money related issues effectively.3. Budgeting spares the pressure of all of a sudden changing in accordance with lack of funds since you didn't at first arrangement how to spend them.4. Budgeting is utilized to assess the strategies and objectives of an organization. Additionally, such approaches and objectives are tried with the a.
B PROBLEMSP23-1B (L02,4) (SCF—Indirect Method) The followi.docx
B PROBLEMS
P23-1B (L02,4) (SCF—Indirect Method) The following are Sanibel Corp.’s comparative balance sheet accounts at Decem-
ber 31, 2017 and 2016, with a column showing the increase (decrease) from 2016 to 2017.
Additional information:
1. On December 31, 2016, Sanibel acquired 25% of Island Co.’s common stock for $420,000. On that date, the carrying value
of Island’s assets and liabilities, which approximated their fair values, was $1,680,000. Island reported income of $220,000
for the year ended December 31, 2017. No dividend was paid on Island’s common stock during the year.
2. During 2016, Sanibel loaned $500,000 to POI Co., an unrelated company. POI made the first semi-annual principal repay-
ment of $50,000, plus interest at 10%, on December 31, 2016. POI is current on the loan as of December 31, 2017.
3. On January 2, 2017, Sanibel sold equipment costing $100,000, with a carrying amount of $31,000, for $20,000 cash.
4. On December 31, 2017, Sanibel entered into a capital lease for a new factory. The present value of the annual rental pay-
ments is $850,000, which equals the fair value of the building. Sanibel made the first rental payment of $120,000 when due
on January 2, 2018.
5. Net income for 2017 was $285,000.
6. Sanibel declared and paid cash dividends for 2017 and 2016 as follows.
Instructions
Prepare a statement of cash flows for Sanibel Corp. for the year ended December 31, 2017, using the indirect method.
(AICPA adapted)
1
COMPARATIVE BALANCE SHEETS
Increase
2017 2016 (Decrease)
Cash $ 650,000 $ 510,000 $ 140,000
Accounts receivable 1,260,000 1,090,000 170,000
Inventory 1,538,000 1,370,000 168,000
Property, plant, and equipment 2,680,000 1,763,000 917,000
Accumulated depreciation (850,000) (760,000) (90,000)
Investment in Island Co. 475,000 420,000 55,000
Loan receivable 350,000 450,000 (100,000)
Total assets $6,103,000 $4,843,000 $1,260,000
Accounts payable $1,080,000 $ 910,000 $ 170,000
Income taxes payable 90,000 75,000 15,000
Dividends payable 100,000 60,000 40,000
Capital lease obligation 850,000 0 850,000
Common stock, $1 par 400,000 400,000 0
Paid-in capital in excess of 2,100,000 2,100,000 0
par—common stock
Retained earnings 1,483,000 1,298,000 185,000
Total liabilities and stockholders’ equity $6,103,000 $4,843,000 $1,260,000
2017 2016
Declared December 15, 2017 December 15, 2016
Paid February 28, 2018 February 28, 2017
Amount $100,000 $60,000
c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 /208/WB01908/XXXXXXXXXXXXX/ch23/text_s/208/WB01908/XXXXXXXXXXXXX/ch23/text_s
2 Chapter 23 Statement of Cash Flows
P23-2B (L02,4) (SCF—Indirect Method) The comparative balance sheets for Queen Corporation show the following
information.
Additional data related to 2017 are as follows.
1. Equipment that had cost $20,000 and was 60% depreciated at time of disposal was sold for $2,000.
2. $18,000 of th ...
1. Prepare and analize the common statement for An.pdf
1.
Prepare and analize the common statement for Anandam Manufacturing Company. Show all
calculations.
2.
Prepare and analize the cash flow statement for Anandam Manufacturing Company. Show all
calculations.
3.
Calculate the ratios based on case Exhibit 3. Show all calculations. Based on financial analysis
of financial statements, would a loan officer grant a loan to Anandam financial company?
EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIos Sector Average Ratio 2:301 Current
ratio Acid test ratio (quick ratio) 120 Receivable tunover ratioimes turnover 52 days Receivable
days Inventory turmover ratio Inventory days Long-term detttototal debt Debt-to-equity ratio
Gross profit rato Net profit ratio Retun on equity Retum on total assets 4.85 times 75 days 24%
35% 40% 18% 22% 10% Total asset turnover ratio Ti Fixed asset turnover ratio Current asset
tunover ratio3 interest coverage ratio (tmes 10 nterest earned Warking captal smover ratio Retu
on ed sset
Solution
1….Common -size Income statement 2012-13 % to Total sales 2013-14 % to Total sales
2014-15 % to Total sales Analysis of % to Total sales proportion Sales Cash 200 10.00%
480 10.00% 800 10.00% Credit 1800 90.00% 4320 90.00% 7200 90.00% Total Sales 2000
100.00% 4800 100.00% 8000 100.00% COGS 1240 62.00% 2832 59.00% 4800 60.00%
COGS has reduced in the last 2 yrs. Gross profit 760 38.00% 1968 41.00% 3200 40.00% so,
G/P has increased Operating Expenses: Gen.adm.& sell.exp. 80 4.00% 450 9.38% 1000
12.50% % to sales has doubled in 2013-14 & increased by more than 25% in 2014-15
Depreciation 100 5.00% 400 8.33% 660 8.25% Has increased by 3% in the last 2 yrs.
Int.exp.(on borrowings) 60 3.00% 158 3.29% 340 4.25% Has slightly increased in 2014-15
Profit before tax(PBT) 520 26.00% 960 20.00% 1200 15.00% PBT% has reduced gradually in
both the yrs.due to increase in all operating expenses esp.gen admn.& sell exp. Tax at 30% 156
7.80% 288 6.00% 360 4.50% Decrease % due to decrease in profit % Profit after tax(PAT) 364
18.20% 672 14.00% 840 10.50% PAT% has reduced gradually in both the yrs.due to increase in
all operating expenses esp.gen admn.& sell exp. Common-size Balance
Sheet Assets % to Total % to Total % to Total Fixed assets(net of dep) 1900 74.22%
2500 44.64% 4700 51.33% Assets have decreased to the total Current assets Cash & Cash
equivalents 40 1.56% 100 1.79% 106 1.16% Slight variation in ratio to total Accounts
Receivables 300 11.72% 1500 26.79% 2100 22.94% Has increased in 2013-14 & again
decreased in 2014-15 Inventories 320 12.50% 1500 26.79% 2250 24.57% Has increased in
2013-14 & again decreased in 2014-15 Total 2560 100.00% 5600 100.00% 9156 100.00%
Equity & Liabilities Equity share capital($ 10) 1200 46.88% 1600 28.57% 2000 21.84%
Decreased steadily in all the 2 yrs. Reserves & surplus 364 14.22% 1036 18.50% 1876 20.49%
Increased steadily in both 2 yrs.due to increase in $ net income in those yrs. Long-term
borrowings 736 28.75% 1236 22.07% 2500 27.30% Decreased in 2013-14 & again increased i.
Financial Reporting And Analysis
Financial Reporting And Analysis Explained.as to why is it important, Who is it important for and the different ways of analyzing a financial statement.
Greenwich University
Week 8 Assignment 1 Answers______________INSERT Organization Name_.docx
Week 8 Assignment 1 Answers______________INSERT Organization Name______________INSERT Organization NameABDEFGStatement of Operations (in thousands)Balance Sheet (in thousands)(in '000)for the Years Ended December 31, 20X1 and 20X0for the Years Ended December 31, 20X1 and 20X012/31/20X112/31/20X020X120X120X020X0Ratio[a][D/E][F/G]NumeratorDenominatorNumeratorDenominator 20X1 20X0 20X1 20X0RevenuesCurrent assetsCurrent Ratio Net patient service revenue Cash and cash equivalentsQuick Ratio Net assets released from restriction Net patient receivablesAcid Test RatioTotal operating revenues InventoryDays in Accounts ReceivableTotal current assetsDays Cash on HandExpensesAverage Payment Period (Days) Salaries and benefitsNon-current assets Supplies and other expensesPlant, property, and equipmentOperating Revenue per Adjusted Discharge Depreciation Gross plant, property, and equipmentOperating Expense per Adjusted Discharge General services (less accumulated depreciation)Salary & Benefit Exp. as % of Operating Exp.Total operating expenses Net plant, property, and equipmentOperating MarginNon-Operating RevenueOperating incomeBoard-designated fundsReturn on Total AssetsNon-operating income Return on Net AssetsTotal assetsExcess of revenues over expensesTotal Asset Turnover RatioCurrent liabilitiesFixed Asset Turnover RatioIncrease (decrease) in net assets Accounts payableAge of Plant Ratio Accrued expensesTotal current liabilitiesLong-Term Debt to Net AssetsNet Assets to Total AssetsLong-term liabilities Bonds payableTotal long-term liabilitiesNet assetsTotal liabilities and net assets
© 2015 Laureate Education, Inc. Page 1 of 3
Healthcare Financial Management and Economics
Week 8 Assignment 1 — Springfield Community Hospital
Assignment 1: Ratio Analysis
It is important to understand that when interpreting financial statements, the numbers
alone may not provide the whole financial picture of an organization. Instead, you must
analyze the statements using ratios, which are then compared to benchmarks across
the healthcare industry. For this Assignment, you examine the financial documents for
Springfield Community Hospital and analyze the organization’s financial health.
Springfield Community Hospital
Springfield Community Hospital is a small community hospital serving a rural
population. The adjusted discharges are 3.30 for the 1st year and 3.10 for the 2nd.
Springfield Community Hospital
Statement of Operations (in thousands) for the
Years Ended December 31, 2016 and 2017
2016
2017
Revenues
Net patient service revenue $21,000
$17,000
Net assets released from restriction 1,000
800
Total operating revenues 22,000
17,800
Expenses
Salaries and benefits 12,000
8,000
Supplies and other expenses 6,000
5,000
Depreciation 2,300
1,900
General services 200
100
Total operating expenses 20,500.
Chapter 4: Financial Statement Analysis
Financial Management of Health Care Organizations An Introduction 4th edition, Zelman
Similar to Exercise 14-3GURLEY CORPORATION Comparative Condensed Balance Sh.pdf (20)
Exercise 4-17Before AdjustmentAfter Adjustment01,200$7.pdf
Exercise 4-17Before AdjustmentAfter Adjustment01,200$7.pdf
Exercise 12-1Putnam Corporation had these transactions during 20.docx
Exercise 12-1Putnam Corporation had these transactions during 20.docx
I need to calcuate the vertical analysis This is from the Financ.pdf
I need to calcuate the vertical analysis This is from the Financ.pdf
Comparative financial statements for Bent Stew Enterprises are shown.pdf
Comparative financial statements for Bent Stew Enterprises are shown.pdf
Exercise 1 Identify each of the following as (a) an underl.docx
Exercise 1 Identify each of the following as (a) an underl.docx
FY 2012 Financial Audit for Rural Advancement Foundation International-USA
FY 2012 Financial Audit for Rural Advancement Foundation International-USA
Sheet1Answer 1. Budgeted statement of cost of goods sold Comfort F.docx
Sheet1Answer 1. Budgeted statement of cost of goods sold Comfort F.docx
B PROBLEMSP23-1B (L02,4) (SCF—Indirect Method) The followi.docx
B PROBLEMSP23-1B (L02,4) (SCF—Indirect Method) The followi.docx
1. Prepare and analize the common statement for An.pdf
1. Prepare and analize the common statement for An.pdf
Week 8 Assignment 1 Answers______________INSERT Organization Name_.docx
Week 8 Assignment 1 Answers______________INSERT Organization Name_.docx
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murals. It has five floors, of which the first level contains committee rooms and spaces allocated
to various congressional officers. It also Consists of cast-iron dome, topped with Thomas
Crawford\'s colossal statue. The dome is famed for its odd acoustic sounds. The white colour is
also significance of romans..
estion 5 of 34 Sapling Learning Which is the correct name of the fo.pdf
estion 5 of 34 Sapling Learning Which is the correct name of the following molecule? O 3,6-
diethyl-5-isobutyl-8-rnethylinonane O 4.7-diethyl-5-isobutyl 2 methyinonane 3,6-diethyl-5-
isopropyl-8-methylinonane 2.3-dimethyl-5-butyl-8-methylnonane
Solution
Basic IUPAC rules for alkanes
Step 1 The longest continuous chain of carbon atoms is the parent chain. If there is no longest
chain because two or more chains are the same longest length, then the parent chain is defined as
the one with the most branches. (The idea here is to keep the name simpler. More branches
numbered from the parent chain means fewer parentheses needed later.)
Carbon atoms connected to the parent chain but not part of it are parts of branches. To avoid
ambiguity, branches are numbered based on the carbon number of the parent chain at the point of
attachment to the parent chain.
Step 2 The general idea in naming organic compounds is to always aim for the smallest numbers
possible. Whenever two or more possibilities exist, which is usually the case, because there are
two ends you can start numbering from on all acyclic chains, \"smallest numbers\" means
smallest at the first difference.
Step 3 Once all the numbers for the branches are determined, the branches are named using -yl,
and ordered alphabetically. If branches themselves are branched, then the complete name of the
branch (with numbers) must be determined at this time. It is the complete name of the branch
which is alphabetized.
Step 4 Finally, when more than one of the same branch is present, the prefixes di, tri, tetra, etc.
for simple branches and bis, tris, tetrakis, etc. for branches containing numbers, are added just
after the numbers locating the branch on the parent chain. The name is constructed by separating
numbers with commas and adding hyphens before and after sets of numbers so that they don\'t
run into words. Branches with numbers are set off with parentheses so that it is clear that the
numbers only refer to that branch. Other than that, there is no punctuation and there are no
spaces in the names.
Hence option (b) is correct
4,7 di methyl 5 isobutyl 2 methyl nonane.
Discuss the difference between the two levels of moral development. .pdf
Discuss the difference between the two levels of moral development. Provide an example to
illustrate the points you are making
Solution
Piaget\'s Theory of Moral Development
Piaget (1932) was principally interested not in what children do (i.e. in whether they break rules
or not) but in what they think. In other words he was interested in children’s moral reasoning.
Piaget was interested in three main aspects of children’s understanding of moral issues. They
were
Where do rules come from?
Can rules be changed?
Who makes rules?
Who is to blame for “bad\" things?
Is it the outcome of behaviour that makes an action “bad\"?
Is there a difference between accidental and deliberate wrongdoing
Children’s understanding of rules. This leads to questions like
Children’s understanding of moral responsibility. This leads to questions likeShould the
punishment fit the crime?Are the guilty always punished
Children’s understanding of justice. This leads to questions like
Piaget found that children’s ideas regarding rules, moral judgements and punishment tended to
change as they got older. In other words just as there were stages to children’s cognitive
development so also there were universal stages to their moral development. Piaget (1932)
suggested two main types of moral thinking:
Heteronomous morality (moral realism)
Autonomous morality (moral relativism)
Heteronomous Morality (5-9yrs)
The stage of heteronomous morality is also known asmoral realism– morality imposed from the
outside. Children regard morality as obeying other people\'s rules and laws, which cannot be
changed. They accept that all rules are made by some authority figure (e.g. parents, teacher,
God), and that breaking the rules will lead to immediate and severe punishment (immanent
justice). The function of any punishment is to make the guilty suffer in that the severity of the
punishment should be related to severity of wrong-doing (expiatory punishment).
During this stage children consider rules as being absolute and unchanging, i.e. \'divine like\'.
They think that rules cannot be changed and have always been the same as they are now.
Behaviour is judged as “bad\" in terms of the observable consequences, regardless on the
intentions or reasons for that behaviour. Therefore, a large amount of accidental damage is
viewed as worse than a small amount of deliberate damage.
Research Findings
Piaget (1932) told the children stories that embodied a moral theme and then asked for their
opinion. Here are two examples:
There was once a little girl who was called Marie. She wanted to give her mother a nice surprise
and cut out a piece of sewing for her. But she didn’t know how to use the scissors properly and
cut a big hole in her dress.
and
A little girl called Margaret went and took her mother’s scissors one day when her mother was
out. She played with them for a bit. Then, as she didn’t know how to use them properly, she
made a little hole in her dress.
The child is then asked, “Who is naughtie.
Diels-Alder Post-lab questions F17. 1) Why do the methylene protons.pdf
Diels-Alder Post-lab questions F17. 1) Why do the methylene protons (Ha & Hb) exhibit
different chemical shifts? Hb Ha Hd 2) Why do Diels-Alder reactinns hninoll
Solution
Methylene protons adjacent to a chiral center will be non equivalent, despite the fact that there is
free rotation about the cabon-carbon bond. Such protons are described as diastereotopic, since
replacement of either of the two hydrogen in turn by a group X produces a pair of diastereomers..
Create a Balance Sheet to record the following transactions for Tayl.pdf
Create a Balance Sheet to record the following transactions for Taylor Company for the month of
March.
a. Borrowed $4,500 from Local Bank and Trust
b. Investors contributed $10,000 in cash for shares of stock
c. Bought inventory costing $2,000 on credit
d. Sold inventory that originally cost $400 for $600 on credit
e. Purchased a new piece of equipment for $500 cash
f. Collected $600 in cash from sale of inventory in (d) above
g. Paid for inventory purchased in (c) above, which was originally purchased on credit
h. Paid $1,200 in cash for an insurance policy that covers the next year
i. Employees salary was $3,000 during the month of February, but have not yet been paid
j. Paid employees $2,900 for wages earned and recorded during February
Solution
Accounting equation
Assets
Liabilities +
Shareholder\'s equity
Cash +
Accounts Receivables +
Equipment+
Inventory
Prepaid Insurance
Accounts Payable
Loan
Outstanding Salary
Common stock
Retained Earnings
a
$ 4,500.00
$ 4500
New Balance
$ 4,500.00
$ -
$ -
$ -
$ -
$ -
$ 4,500.00
$ -
$ -
$ -
b
$ 10,000.00
$ 10,000.00
New Balance
$ 14,500.00
$ -
$ -
$ -
$ -
$ -
$ 4,500.00
$ -
$ 10,000.00
$ -
c
$ 2,000.00
$ 2,000.00
New Balance
$ 14,500.00
$ -
$ -
$ 2,000.00
$ -
$ 2,000.00
$ 4,500.00
$ -
$ 10,000.00
$ -
d
$ 600.00
$ (400.00)
$ 200.00
New Balance
$ 14,500.00
$ 600.00
$ -
$ 1,600.00
$ -
$ 2,000.00
$ 4,500.00
$ -
$ 10,000.00
$ 200.00
e
$ (500.00)
$ 500.00
New Balance
$ 14,000.00
$ 600.00
$ 500.00
$ 1,600.00
$ -
$ 2,000.00
$ 4,500.00
$ -
$ 10,000.00
$ 200.00
f
$ 600.00
$ (600.00)
New Balance
$ 14,600.00
$ -
$ 500.00
$ 1,600.00
$ -
$ 2,000.00
$ 4,500.00
$ -
$ 10,000.00
$ 200.00
g
$ (2,000.00)
$ (2,000.00)
New Balance
$ 12,600.00
$ -
$ 500.00
$ 1,600.00
$ -
$ -
$ 4,500.00
$ -
$ 10,000.00
$ 200.00
h
$ (1,200.00)
$ 1,200.00
New Balance
$ 11,400.00
$ -
$ 500.00
$ 1,600.00
$ 1,200.00
$ -
$ 4,500.00
$ -
$ 10,000.00
$ 200.00
i
$ 3,000.00
$ (3,000.00)
New Balance
$ 11,400.00
$ -
$ 500.00
$ 1,600.00
$ 1,200.00
$ -
$ 4,500.00
$ 3,000.00
$ 10,000.00
$ (2,800.00)
j
$ (2,900.00)
$ (2,900.00)
New Balance
$ 8,500.00
$ -
$ 500.00
$ 1,600.00
$ 1,200.00
$ -
$ 4,500.00
$ 100.00
$ 10,000.00
$ (2,800.00)
Taylor Company
Balance sheet
March
Assets
Cash
$ 8,500.00
Prepaid Insurance
$ 1,200.00
Inventory
$ 1,600.00
Equipment
$ 500.00
Total Assets
$ 11,800.00
Liabilities and shareholder\'s equity
Loan from bank
$ 4,500.00
Wages payable
$ 100.00
Common Stock
$ 10,000.00
Retained earnings
$ (2,800.00)
Total Liabilities and shareholder\'s equity
$ 11,800.00
Accounting equation
Assets
Liabilities +
Shareholder\'s equity
Cash +
Accounts Receivables +
Equipment+
Inventory
Prepaid Insurance
Accounts Payable
Loan
Outstanding Salary
Common stock
Retained Earnings
a
$ 4,500.00
$ 4500
New Balance
$ 4,500.00
$ -
$ -
$ -
$ -
$ -
$ 4,500.00
$ -
$ -
$ -
b
$ 10,000.00
$ 10,000.00
New Balance
$ 14,500.00
$ -
$ -
$ -
$ -
$ -
$ 4,500.00
$ -
$ 10,000.00
$ -
c
$ 2,000.00
$ 2,000.00
New Balance
$ 14,500.00
$ -
$ -
$ 2,000.00
$ -
$ 2,000.00
$ 4,500.00
$ -
$.
Compare Plato and Aristotles philosophies of mathematics and relat.pdf
Compare Plato and Aristotle\'s philosophies of mathematics and relate their views to their
understanding of form. Locate a weakness of each view.
Solution
Plato and Aristotle are both great philosophers in their own regard. Both agree that the world has
a purpose, and that it’s not just an accident. Even though Aristotle was a student of Plato, each
philosopher develops his own view on things and a specific way of solving a particular problem.
For example, Plato and Aristotle have quite different views regarding life.
Plato thinks that we are able to obtain the same kind of certainty in rules of behavior as with
mathematics. According to him the ultimate vision of the Form of the Good will provide a single
standard for deciding practical questions. Unfortunately only the few individuals who can make
the hard journey through the Cave will be able to give a solution for all questions of value.
Aristotle does not have the same view – according to him, we should not ask for more certainty
than the subject matter allows. A normal person is able to make good decisions and to live a
good life; one need not be an expert in ethical knowledge to practice it.
Although the two philosophers are quite similar in the problems they deal with, they go about
doing it in a very separate and distinguished manner. Most of Plato’s philosophy is centered on
the Forms, which is his solution for pretty much everything. Aristotle, on the other hand, does
not have one unifying solution. He prefers to tackle each problem separately, work it out as best
as he can, and give an answer. And yet both of them deserve utmost credit for at least one thing:
making people think. That is very important, especially in today’s society where people prefer to
reason things out with guns and fighting instead of thinking of a solution.
Choose one of the evolutions of Critical Incident Technique (CIT) an.pdf
Choose one of the evolutions of Critical Incident Technique (CIT) and discuss how it may have
made the application of CIT to specific leadership consultations more useful.
Solution
The Critical Incident Technique (or CIT) is a set of procedures used for collecting direct
observations of human behavior that have critical significance and meet scientifically defined
criteria. These observations are then kept track of as incidents, which are then used to solve
practical problems and develop broad emotional principles. A critical incident can be described
as one that makes a contribution either positively or negatively to an activity. Critical incidents
can be gather in various ways, however characteristically respondents are asked to tell a story
about an information they have had.
It\'s a flexible procedure that usually relies on five key areas. The first is determining and
reviewing the incident, then fact-finding, which involves collecting the details of the incident
from the participants. When all of the facts are collected, the next step is to recognize the issues.
Afterwards a conclusion can be made on how to resolve the issues based on various achievable
solutions. The final and most important feature is the evaluation, which will conclude if the
solution that was selected will solve the root cause of the situation and will cause no further
problems..
Change the creature in this java program to a different one .pdf
Change the creature in this java program to a different one:
// Creature.java Author: Lewis/Loftus
//
//
Solution
to Programming Project 9.12
//********************************************************************
import javax.swing.*;
import java.awt.*;
import java.util.Random;
public class Creature
{
private int creatureX, creatureY, clickCount, catchCount;
private ImageIcon creature;
private Random gen;
//-----------------------------------------------------------------
// Creates the creature.
//-----------------------------------------------------------------
public Creature(int initialX, int initialY)
{
creature = new ImageIcon(\"happyFace.gif\");
creatureX = initialX;
creatureY = initialY;
clickCount = catchCount = 0;
gen = new Random();
}
//-----------------------------------------------------------------
// Moves the creature to a random location within the play area.
//-----------------------------------------------------------------
public void move(Dimension area)
{
creatureX = gen.nextInt(area.width - creature.getIconWidth());
creatureY = gen.nextInt(area.height - creature.getIconHeight());
}
//-----------------------------------------------------------------
// Returns true if point (x , y) is in the creature and increments
// the catch count, else returns false.
//-----------------------------------------------------------------
public boolean pointInMe(int x, int y)
{
clickCount++;
if (x >= creatureX && x <= creatureX + creature.getIconWidth())
{
if (y >= creatureY && y <= creatureY + creature.getIconHeight())
{
catchCount++;
return true;
}
else
return false;
}
else
return false;
}
//-----------------------------------------------------------------
// Returns the number of catches.
//-----------------------------------------------------------------
public int getCatchCount()
{
return catchCount;
}
//-----------------------------------------------------------------
// Returns the number of misses.
//-----------------------------------------------------------------
public int getMissCount()
{
return clickCount - catchCount;
}
//-----------------------------------------------------------------
// Draws the creature on the specified component.
//-----------------------------------------------------------------
public void draw(Component panel, Graphics page)
{
creature.paintIcon(panel, page, creatureX, creatureY);
}
}
TheCreaturePanel.java Author: Lewis/Loftus
//
//.
Canon Corporation had the following static budget at the beginning o.pdf
Canon Corporation had the following static budget at the beginning of the company\'s accounting
period:
If actual production totals 9,900 units, the flexible budget would show total costs of:
A. $4,950.
B. $9,700.
C. $4,850.
D. None of these is correct.Revenue (9,500 units)$19,000Variable costs4,750Contribution
margin$14,250Fixed costs4,750Net income$9,500
Solution
Aanswer is B. $ 9700 Explanation: Total Cost for 9900 units under Flexible Budget:
variable cost (4750/9500 *9900) 4950 Fixed cost 4750 Total cost for 9900 units 9700.
Can someone please prove this equation is an identity. Cos^2.pdf
Can someone please prove this equation is an identity.
Cos^2 X - sin^2 X = 2cos^2 x - 1
Can someone give me some tips for proving indentity, aside knowing the basic identities,pytho
indetites
For example when to factor, . And when to multitiply an identity 1-cost/1-cost to prove an
identity.
And also when will I know if I have to simplify the other side to prove an identity
Thank you
Can someone please prove this equation is an identity.
Cos^2 X - sin^2 X = 2cos^2 x - 1
Can someone give me some tips for proving indentity, aside knowing the basic identities,pytho
indetites
For example when to factor, . And when to multitiply an identity 1-cost/1-cost to prove an
identity.
And also when will I know if I have to simplify the other side to prove an identity
Thank you
Cos^2 X - sin^2 X = 2cos^2 x - 1
Can someone give me some tips for proving indentity, aside knowing the basic identities,pytho
indetites
For example when to factor, . And when to multitiply an identity 1-cost/1-cost to prove an
identity.
And also when will I know if I have to simplify the other side to prove an identity
Thank you
Solution
cos2x - sin2x= 2 cos2x-1
RHS:
2 cos2x-1
[ from sin2x + cos2x=1]
=2 cos2x- ( sin2x + cos2x)
= 2 cos2x- sin2x - cos2x
= cos2x - sin2x
= LHS
hence proved.
Write a program that finds the max binary tree height. (This is an ex.pdf
Write a program that finds the max binary tree height. (This is an extremely short piece of
code!)
Solution
#include
#include
#include
typedef struct node
{
int info;
struct node *left;
struct node *right;
}node;
node *newNode(int data)
{
node *ptr=(node *)malloc(sizeof(node));
ptr->info=data;
ptr->left=NULL;
ptr->right=NULL;
return ptr;
}
int height(node *root)
{
if(root==NULL)
return 0;
int l=height(root->left);
int m=height(root->right);
if(l>m)
return l+1;
else
return m+1;
}
int main()
{
struct node *root1 = newNode(1);
root1->left = newNode(2);
root1->right = newNode(3);
root1->left->left = newNode(4);
root1->left->right = newNode(5);
int m=height(root1);
printf(\"Height of the tree is :- %d\",m);
getch();
return 0;
}.
What happens when the JVM encounters a wait () callSolution=.pdf
What happens when the JVM encounters a wait () call?
Solution
=>when jvm encounters wait method then it causes the current thread to wait until any other
threads calls notify method
=>so the present/current thread must own this monitoring of objects.so the thread will leave the
ownership(it means
jvm will take the current threads owner ship and give to otherthread ) and when the another
process is completed (or)
wait until another thread wakehim up using notify method,then the jvm will give ownership to
the current thread.
Write a program in c++ that maintains a telephone directory. The Tel.pdf
Write a program in c++ that maintains a telephone directory. The Telephone directory keeps
records of people’s names and the corresponding phone numbers.
The program should read a transaction file and report the result into an output file. The
transaction file can include commands such as “Add”, “Delete”, “Display”, and “Update”, and
“Search”. Each command is written in one line with a few other information.
The “Display” Command should simply display everyone in the directory on the screen
The “Add” command comes with 3 other information that includes “First Name”, “Last Name”,
and “Phone Number”. You should only add this command if the phone number is unique and it is
not assigned to any other person. Otherwise an error statement should be generated to indicate
that “Duplicate phone number is not allowed”. If the addition of the record is successful, you
need to report that in the output file as follows:
“First Name”, “Last Name”, “Phone Number” has been successfully added to the directory
If the addition fails, you should report that
“**** ERROR IN ADD **** “Phone Number” already exist in the directory
The “Delete” command comes with the “Phone Number” indicating that this record should be
deleted from the directory. You should only delete the record if you can find the phone number.
If you could remove the record from the directory, you should report:
“First Name”, “Last Name”, “Phone Number” has been successfully deleted from the directory
If the delete fails, you should report that
“**** ERROR IN DELETE **** “Phone Number” does exist in the directory
The “Update” command come with two values, “Phone Number” and “New Phone Number”.
You program should first search for “Phone Number” and find out if such a phone number exist
in the directory. If it does not find it, it should report:
“**** ERROR IN UPDATE **** The Phone Number does not exist in the directory
However, if it finds the phone number, there are two cases. If the “New Phone Number” already
exists in the directory, it should report
“**** ERROR IN UPDATE **** The New Phone Number “New Phone Number” already exist
in the directory.
If the “New Phone Number” does not exist in the directory, your program should replace the
“Old Phone Number” with the “New Phone Number” and report
The Phone Number “Old Phone Number” is successfully updated to “New Phone Number”
There are two types of “Search” commands. One is done based on the last name and another is
done based on the phone number. If it is done based on the last name, the search command can
be as follows:
Search BasedOnLastName “LastName”
In this case the search is done based on the last name. Your program should search for all records
with that last name and report them on the screen. If the search fails your report should have the
following format
“**** ERROR IN SEARCH **** No Record with the last name “Last Name” could be found”
If the search is done based on the phone number, the command should be
Search BasedOnPhoneNumber “Phone.
Using the C++ programming language1. Implement the UnsortedList cl.pdf
Using the C++ programming language
1. Implement the UnsortedList class to store a list of numbers that are input into the list from
data.txt.
- create a main.cpp file that gets the numbers from the file
- insert the number 7 into the list
- insert another number 300 into the list
- delete the number 6 from the list
- print out the following:
--the entire list
- the greatest
- the least
2. Attach the main.cpp, UnsortedList.cpp, the ItemType.h, and the output file two called
outfile2.txt
Use the files below:
// listDriver.cpp
// Test driver
#include
#include
#include
#include
#include
#include \"unsorted.h\"
using namespace std;
void PrintList(ofstream& outFile, UnsortedType& list);
int main()
{
ifstream inFile; // file containing operations
ofstream outFile; // file containing output
string inFileName; // input file external name
string outFileName; // output file external name
string outputLabel;
string command; // operation to be executed
int number;
ItemType item;
UnsortedType list;
bool found;
int numCommands;
// Prompt for file names, read file names, and prepare files
cout << \"Enter name of input command file; press return.\" << endl;
cin >> inFileName;
inFile.open(inFileName.c_str());
cout << \"Enter name of output file; press return.\" << endl;
cin >> outFileName;
outFile.open(outFileName.c_str());
cout << \"Enter name of test run; press return.\" << endl;
cin >> outputLabel;
outFile << outputLabel << endl;
if (!inFile)
{
cout << \"file not found\" << endl;
exit(2)
}
inFile >> command;
numCommands = 0;
while (command != \"Quit\")
{
if (command == \"PutItem\")
{
inFile >> number;
item.Initialize(number);
list.PutItem(item);
item.Print(outFile);
outFile << \" is in list\" << endl;
}
else if (command == \"DeleteItem\")
{
inFile >> number;
item.Initialize(number);
list.DeleteItem(item);
item.Print(outFile);
outFile << \" is deleted\" << endl;
}
else if (command == \"GetItem\")
{
inFile >> number;
item.Initialize(number);
item = list.GetItem(item, found);
item.Print(outFile);
if (found)
outFile << \" found in list.\" << endl;
else outFile << \" not in list.\" << endl;
}
else if (command == \"GetLength\")
outFile << \"Length is \" << list.GetLength() << endl;
else if (command == \"IsFull\")
if (list.IsFull())
outFile << \"List is full.\" << endl;
else outFile << \"List is not full.\" << endl;
else if (command == \"MakeEmpty\")
list.MakeEmpty();
else if (command == \"PrintList\")
PrintList(outFile, list);
else
cout << command << \" is not a valid command.\" << endl;
numCommands++;
cout << \" Command number \" << numCommands << \" completed.\"
<< endl;
inFile >> command;
};
cout << \"Testing completed.\" << endl;
inFile.close();
outFile.close();
return 0;
}
void PrintList(ofstream& dataFile, UnsortedType& list)
// Pre: list has been initialized.
// dataFile is open for writing.
// Post: Each component in list has been written to dataFile.
// dataFile is still open.
{
int length;
ItemType item;
list.ResetList();
length = list.GetLength();
for .
Why are supplies and inventory not considered plant assetsSolut.pdf
Why are supplies and inventory not considered plant assets?
Solution
Plant assets is that assets which is used more than one year and used in producing operating
revenues. But supplies and inventory is not assets which is used for producing revenue. but it is
as current assets because generally it used in less than one year.
What is the major purpose of the Federal Reserve System What is the.pdf
What is the major purpose of the Federal Reserve System? What is the responsibility of the
Board of Governors and the Federal Open Market Committee? Should the Fed be independent as
it is now or should it be a federal gency subject ot the direction by Congress or the President?
Why or why not?
Solution
The most critical and visible function of Federal Reserve is to carry out monetary policy. It is
solely done to deal with inflation as well as preserve stable prices. To obtain the above
mentioned things the Fed sets a 2.0 percent inflation target for the core inflation rate. Maximum
employment is also pursued by it. The main aim is the natural rate of unemployment of 4.7-5.8
percent. The Fed also moderates long-term interest rates by the way of open market operations
along with the fed funds rate. The objective of monetary policy is healthy economic growth.
Next, the Fed supervises and regulates several of the nation’s banks to guard consumers. It also
maintains the permanence of the financial markets while constrains potential crises. It provides
banking services to other banks, the U.S. government along with foreign banks. It is America\'s
central bank which makes it the most authoritative solitary actor in the U.S. economy along with
the world.
The Federal Reserve System has three components, the Board of Governors directs monetary
policy while its seven members are in charge for setting the discount rate as well as the reserve
requirement for member banks. Staff economists make available all analyses.
The Federal Open Market Committee oversees open market operations which includes setting
the target for the fed funds rate, thus guides interest rates. The board members along with four of
the twelve bank presidents are members meet eight times a year.
The Federal Reserve Banks administer commercial banks in addition execute policy. They
supervise commercial banks along with the board .
It Manages Inflation by administration of credit which is the largest constituent of the money
supply. The Federal Reserve sets for the nation\'s banks the reserve requirement. It oversees
approximately 5,000 bank holding companies, 850 state bank members of the Federal Reserve
Banking System plus any foreign banks operating in the United States.
The Federal Reserve worked intimately with the Treasury Department to thwart global financial
collapse throughout the financial crisis of 2008. The Fed buys U.S. Treasurys from the federal
government, which we call monetizing the debt. That\'s for the reason that the Fed creates the
money it uses to buy the Treasurys, while adding that much money to the money supply.
The FOMC holds eight frequently planned meetings per year. Economic and financial conditions
are revived. The appropriate position of monetary policy is also determined by it, along with the
assessment of the risks to its long-run goals of price stability and sustainable economic growth.
The Federal Open Market Committee is comprised of twelve members--th.
What is the role of culture in leader development What culture fact.pdf
What is the role of culture in leader development? What culture factors must be taken into
account when implementing a program?
Solution
Answer:-
The role of culture in leader development:-
The major role played by culture in leader development is that culture sets the direction and
therefore the overall success in any organization. Culture outlays the beliefs,assumptions as well
as the procedures that lead to leader development.The culture must also align with the team goals
and ambitions.
Culture factors must be taken into account when implementing a program are:-
Diversity effects:-In a case where the program is being implement by a team that are of different
ethnicity and racial backgrounds,it is important to evaluate the diversity effects.
The social:-Economic setting of the environment in which the program is being implemented.
The top leadership principles and their alignment with the culture.
The nature of the business implementing the program..
What methods can IT use to make sure its initiatives have the suppor.pdf
What methods can IT use to make sure its initiatives have the support of business leadership?
Solution
IT initiatives often require a lot of investments in terms of money, time and effort. Such huge
demand for resources puts constraints on the organisation and a strong leadership support is
necessary for a successful project. But not every time can we expect leaders offer the support an
IT initiative requires. The following actions are helpful in such cases
1. Understand and listen to leaders
2. Create a vision
Identify where the organization would be if IT initiatives are in place and share them. Show the
management, the outcome of the initiatives.
3. Speak the language of management
4. Create a sense of urgency
May a time organizational leaders get trapped in a state of complacency. It is necessary to show
them the need for immediate action and progress. Show them the external and internal factors
affecting the organization and how other organizations are responding to these changing
dynamics and trends. Show them how other organizations and industries are faring well and
create a sense of urgency.
Show them the costs of not taking such initiatives- the cost in terms of time, money and customer
satisfaction
5. Involve them in the process
6. Update them regularly with key performance indicators (sales, profit margin, customer
satisfaction score etc).
What is IT infrastructure, and what are the stages and drivers of IT.pdf
What is IT infrastructure, and what are the stages and drivers of IT infrastructure evolution?
Define IT infrastructure from both a technology and a services perspective. I need an answer to
these questions that is different from the one on site from an expert.
Solution
IT infrastructure: Consists of set of physical devices with softwares required for the operation of
the entire enterprise. IT infrastructure provides a foundation for the following
1)Serving customers
2) Working with vendors
3)Managing business processes
IT infrastructure components
Usual services provided by IT Infrastrucure : Security services, Data center migration, Remote
infrastructure management, Cloud services, Virtualization services ,Network services etc.
Stages and drivers of IT infrastructure evolution
1)Generalpurpose mainframe & minicomputer era:1959 to present
In 1958 IBM first mainframes were introduced
In 1965 DEC minicomputers were introduced
2)Personal computer era: 1981 to present
In 1981 IBM PC were introduced
Heavy usage of standalone desktop computers with office productivity softwares.
3)Client/server era :1983 to present
Consists of desktop or laptop clients networked to more powerful servers like network or
application or Web. The network between clients and servers may be two tiered or N-tiered
Two tiered network: Here direct communication takes place between client and server and no
intermediate between client and server.The advantage is understanding and easy maintenance.
N-tiered network : The whole work of the entire network is distributed over several different
levels of servers to reduce the overall cost.
4)Enterprise Internet era: 1992-present
The TCP/IP suite enables firms to link devices and local area networks to form a single
enterprise-wide network.
5)Cloud Computing: 2000 to present
This is a fast growing computing and here firms and individuals obtain computing softwares
over the Internet or through other networks.
IT Infrastructure in terms of technology perspective : In technology perspective IT infrastructure
is defined as the shared technology resources for the organisation’s specific information system
applications. This includes a set of physical devices and softwares that are required for operation
of the entire enterprise.
Service perspective of an IT Infrastructure:In Service perspective IT infrastructure is defined as
platform that provides the platform for serving customers, working with vendors, and managing
internal firm business processes.In service perspective IT infrastructure focuses on the services
provided by hardware and software..
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What is the difference between a dinoflagellate and a Stramenopile?
What is a shared character of the radiolarians and Foraminfera?
How long is the haploid phase of Rhizopus compared to the length of the diploid phase?
What are the three main sexually reproducing fungal divisions listed in the manual?
What is the difference between a dinoflagellate and a Stramenopile?
What is a shared character of the radiolarians and Foraminfera?
How long is the haploid phase of Rhizopus compared to the length of the diploid phase?
What are the three main sexually reproducing fungal divisions listed in the manual?
What is the difference between a dinoflagellate and a Stramenopile?
What is a shared character of the radiolarians and Foraminfera?
How long is the haploid phase of Rhizopus compared to the length of the diploid phase?
What are the three main sexually reproducing fungal divisions listed in the manual?
Solution
1. Difference between Dinoflagellate and heterokont
Dinoflagellate :
2. Most are marine plankton, but they are common in freshwater habitats, as well.
3. Dinoflagellates are considered to be protists, with their own division, Dinoflagellata
4. Dinoflagellates are unicellular and possess two dissimilar flagella arising from the ventral
cell side.
Heterokont
2. What is a shared character of the radiolarians and Foraminfera?
The character of the radiolarians and Foraminfera is “amoeboids with complex shells”
3. How long is the haploid phase of Rhizopus compared to the length of the diploid phase?
Haploid life history of Rhizopus (Asexual Reproduction)
Once the zygote undergoes meiosis, germination occurs forming mycelia and sporangia with
opposite mating strains, (+) and (-). The sproangia produces mitospores which through mitosis
developes into gametangia, or sex organs. When the gametangia fuse, syngamy occurs and
produces a zygote (2n). The zygote then goes through meiosis to form new 1n spores and the life
cycle repeats.
Diploid life history of Rhizopus (Sexual Reproduction)
The zygospores are the only diploid phase. The zygospore forms from two special haploid
hyphae of opposite mating types that touch due to hormones and being in close proximity of each
other. The two cytoplasms intermingle, also known as plasmogamy. As this occurs the nuclei of
both parents enter the conjunction, causing the resting spore to develop. Karyogamy is the term
used to describe the fusion of the two nuclei. After the zygospore has fully formed, meiosis
occurs and haploid spores are formed and dispersed. The zygospore can become dormant for
severalmonths at a time. Meiosis still occurs and a sporangium similar to the asexually produced
sporangium is created when the zygospore finally cracks open.
4. W`hat are the three main sexually reproducing fungal divisions listed in the manual?
Sexual reproduction in the fungi consists of three sequential stages
Plasmogamy
Karyogamy
Meiosis.
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