Philips, Inc has a debt ratio of 15 and ROE = 13. What is Phillips.pdf
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Philips, Inc has a debt ratio of 15% and ROE = 13%. What is Phillips’ ROA? (Enter answer as a percent). Solution Debt Ratio = Total Liabilities / Total Assets = 15% ROE = Net Income / Total equity = 13% ROE = ROA * 1/( 1- Debt RATIO) 0.13 = X * 1/( 1 - 0.15) 0.13 = x * 1/0.85 0.13 = x * 1.1765 x = 0.13/1.1765 = 0.1105 = 11% Hence ROA = 11%.
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Please also state on how to change the graph. I.E where to move the .pdf
Please also state on how to change the graph. I.E where to move the lines and place the
dots....Thanks
Solution
1. price levels may be increasing too quickly leading to high inflation. then only a central bank
thinks about contractionary monetary policy.
2. if they implemented a successful contradictionary monetary policy then the aggregate demand
will comes to AD1 and the supply also declines to meet the demand only..
please a simple GET and PUT in TFTP cliente using octet mode.Sol.pdf
please a simple GET and PUT in TFTP cliente using octet mode.
Solution
TFTP stands for Trivial File Transfer Protocol.
Constructor: new(HOST[,OPTIONS])
HOST - the name of the remote host
OPTIONS - passed in a hash like fashion,using key and value pairs
(port,mode,timeout,max timeout,retries)
Synopsis:
use TFTP;
$tftp = new TFTP(\"some.host.name\");
$tftp->get(\"that.file\");
$tftp->octet;
$tftp->put(\"this.file\");
$tftp->quit;
here the method of the above Synopsis is
Mode: Octet
get(REMOTE_FILE[,LOCAL_FILE]) : get REMOTE_FILE from the server and store
locally.LOCAL_FILE may be a file name .Returns LOCAL_FILE
put(LOCAL_FILE[,REMOTE_FILE]) : put a file on the remote server. LOCAL_FILE may be a
name .if LOCAL_FILE is a filehandle then REMOTE_FILE must be specified.if not it will
stored as LOCAL_FILE in current directory.Returns REMOTE_FILE
quit : close the current socket and release any resourses..
Pleas help explain how to solve I dont know even how to start the .pdf
Pleas help explain how to solve I don\'t know even how to start the problem
Suppose E and F are two events. It is given that P(E)=.22, P(not F)=.65, and P(E and F)=.13.
Determine the probability that either E or F occur.
Solution
1)
P(E) = 0.22
P(F\') = 0.65, => P(F) = 1 - P(F \' ) = 0.35
P(E and F) = 0.13
P(E or F) = P(E) + P(F) - P( E and F)
= 0.22 + 0.35 - 0.13
= 0.44
2) P(E \' ) = 0.33 => P(E) = 1 - P(E \' ) = 0.67
P(F \' ) = 0.54 => P(F) = 1 - P(F \' ) = 0.46
P(E or F) = 0.68
P(E and F) = P(E) + P(F) - P( E or F)
= 0.67 + 0.46 - 0.68
= 0.45.
Pittman Company is a small but growing manufacturer of telecommunica.pdf
Pittman Company is a small but growing manufacturer of telecommunications equipment. The
company has no sales force of its own; rather, it relies completely on independent sales agents to
market its products. These agents are paid a sales commission of 15% for all items sold.
Barbara Cheney, Pittman’s controller, has just prepared the company’s budgeted income
statement for next year. The statement follows:
Pittman Company
Budgeted Income Statement
For the Year Ended December 31
Sales
$
16,000,000
Manufacturing expenses:
Variable
$
7,200,000
Fixed overhead
2,340,000
9,540,000
Gross margin
6,460,000
Selling and administrative expenses:
Commissions to agents
2,400,000
Fixed marketing expenses
120,000*
Fixed administrative expenses
1,800,000
4,320,000
Net operating income
2,140,000
Fixed interest expenses
540,000
Income before income taxes
1,600,000
Income taxes (30%)
480,000
Net income
$
1,120,000
*Primarily depreciation on storage facilities.
As Barbara handed the statement to Karl Vecci, Pittman’s president, she commented, “I went
ahead and used the agents’ 15% commission rate in completing these statements, but we’ve just
learned that they refuse to handle our products next year unless we increase the commission rate
to 20%.”
“That’s the last straw,” Karl replied angrily. “Those agents have been demanding more and
more, and this time they’ve gone too far. How can they possibly defend a 20% commission
rate?”
“They claim that after paying for advertising, travel, and the other costs of promotion, there’s
nothing left over for profit,” replied Barbara.
“I say it’s just plain robbery,” retorted Karl. “And I also say it’s time we dumped those guys
and got our own sales force. Can you get your people to work up some cost figures for us to look
at?”
“We’ve already worked them up,” said Barbara. “Several companies we know about pay a
7.5% commission to their own salespeople, along with a small salary. Of course, we would have
to handle all promotion costs, too. We figure our fixed expenses would increase by $2,400,000
per year, but that would be more than offset by the $3,200,000 (20% × $16,000,000) that we
would avoid on agents’ commissions.”
The breakdown of the $2,400,000 cost follows:
Salaries:
Sales manager
$
100,000
Salespersons
600,000
Travel and entertainment
400,000
Advertising
1,300,000
Total
$
2,400,000
“Super,” replied Karl. “And I noticed that the $2,400,000 is just what we’re paying the agents
under the old 15% commission rate.”
“It’s even better than that,” explained Barbara. “We can actually save $75,000 a year because
that’s what we’re having to pay the auditing firm now to check out the agents’ reports. So our
overall administrative expenses would be less.”
“Pull all of these numbers together and we’ll show them to the executive committee
tomorrow,” said Karl. “With the approval of the committee, we can move on the matter
immediately.”
Required:
1.
Compute Pittman Company’s break-even point in dollar sales for next year assuming: (.
Piercing the Corporate Veil M.R. Watters was the majority shareholde.pdf
Piercing the Corporate Veil M.R. Watters was the majority shareholder of several closely held
corporations, including Wildhorn Ranch, Inc. (Wildhorn). All these businesses were run out of
Watters’s home in Rocky Ford, Colorado. Wildhorn operated a resort called the Wildhorn Ranch
Resort in Teller County, Colorado. Although Watters claimed that the ranch was owned by the
corporation, the deed for the property listed Watters as the owner. Watters paid little attention to
corporate formalities, holding corporate meetings at his house, never taking minutes of those
meetings, and paying the debts of one corporation with the assets of another. During August
1986, two guests of Wildhorn Ranch Resort drowned while operating a paddleboat at the ranch.
The family of the deceased guests sued for damages. Is Watters personally liable? My answer
must be at least 300 words.
Solution
Answer: A. The elements to consider in \"piercing\" the \"corporate viel\" or liability \"shield\"
include:
(1) failing to follow the required formalities in company administration; (2) undercapitalizing
the company; (3) using the business to achieve fraud; (4) failing to properly document
transactions between the company and its owner(s); and failing to keep separate financial records
for the company and its owner(s).
Walters appears to meets several of these elements. Most importantly, the land on which the
accident occurred is deeded to him personally. Therefore, unless there is a lease and indemnity
agreement between him and the corporation, which is highly unlikely given his habit of not
following corporate formalities in other respects of the business, then he will have personal
liability for the accident. This is enough to avoid the liability shield, but comingling funds and
otherwise ignoring corporate formalities make this is a relatively easy case for shield piercing..
pIf f maps Z on to Z is an isomorphism, prove that f is the identi.pdf
If f maps Z on to Z is an isomorphism, prove that f is the identity map.
Solution
f:Z->Z is an isomorphism
let ,x Z and y Z (codomain) ; = belongs to
hence, y=f(x) ;y is as function of x
isomorphism means it is onto and one-one
onto:
\"every\" yZ (codomain) ,there exist xZ ,such that f(x)=y ...1
one-one:
for \"any\" yZ(codomain) ,there exist at most one xZ such that y=f(x) ...2
from 1 and 2, we get \"every\" yZ(codomain) has at most one xZ such that y=f(x) and f:Z->Z.
which means every element of set Z maps to the same element in Z(codomain), since domain
and range are same i.e Z=Z. hence identity map..
pIf a random sample of 10 items is drawn from the output of a mach.pdf
If a random sample of 10 items is drawn from the output of a machine whose defective rate is
4%, what is the probability that there are less than 2 defective items in the sample?
Solution
Binomial distribution with n=10, p=.04 P(Y<2) = P(Y<=1) = P(Y=1) + P(Y=0) =
.9418.
Physicists believe that our universe has more than 4 dimensions--3 s.pdf
Physicists believe that our universe has more than 4 dimensions--3 spatial ones plus a time
dimension--with some theories suggesting 10 dimensions and others 11. The \"extra\"
dimensions are thought to be somehow inside the big ones we can perceive directly. Does the
idea of fractal geometry suggest to you any ways in which this theory might make sense?
Explain your answer
Solution
Quantum Theory just seems too weird to believe. Particles can be in more than one place at a
time.
And they don\'t exist until you measure them. Spookier still, they en stay in touch when they are
separated by great distances.
Einstein thought this was all a bit much, believing it to be evidence of major problems with the
Theory as many critics still suspect today. Quantum enthusiasts point to the theory\'s
extraordinary
success in explaining the behavior of atoms, electrons, and other quantum systems. They insist
we have
to accept the Theory as it is, however strange it may seem.
But what if there were a way to reconcile these 2 opposing views by showing how Quantum
Theory
might emerge from a deeper level of non-weird Physics?
If you listen to physicist Tim Palmer, it begins to sound plausible. What has been missing, he
argues, are some key ideas from an area of science that most quantum physicists have ignored.
Namely
the science of Fractals -- those intricate patterns found in everything from fractured surfaces to
oceanic
flows (see \"What is a Fractal?\").
Take the mathematics of Fractals into account, says Palmer, and the long-standing puzzles of
Quantum Theory may be much easier to understand. They might even dissolve away.
It is an argument that is drawing attention from physicists around the World. \"His approach is
very
interesting and refreshingly different,\" says physicist Robert Spekkens of the Perimeter Institute
for
Theoretical Physics in Waterloo, Canada. \"He\'s not just trying to reinterpret the usual quantum
formalism but actually to derive it from something deeper.\"
That Palmer is making this argument may seem a little odd, given that he is a climate scientist
working at the European Centre for Medium-Range Weather Forecasting in Reading, UK. It
makes
more sense when you learn that Palmer studied General Relativity at the University of Oxford,
working
under the same PhD adviser as Stephen Hawking.
So while Palmer has spent the last 20 years establishing a reputation as a leading mathematical
climatologist, he has also continued to explore the mysteries of his first interest -- Quantum
Theory (see
\"Quantum Ambitions\").
1\"It has taken 20 years of thinking,\" says Palmer. \"But I do think that most of the paradoxes of
Quantum Theory may well have a simple and comprehensible resolution.\"
Arguments over Quantum Theory have raged since the 1920s starting with a series of famous
exchanges between Einstein and the Danish physicist Niels Bohr.
Bohr and his supporters believed that the Theory\'s successful description of atoms and radiation
meant tha.
Recommended
Please also state on how to change the graph. I.E where to move the .pdf
Please also state on how to change the graph. I.E where to move the lines and place the
dots....Thanks
Solution
1. price levels may be increasing too quickly leading to high inflation. then only a central bank
thinks about contractionary monetary policy.
2. if they implemented a successful contradictionary monetary policy then the aggregate demand
will comes to AD1 and the supply also declines to meet the demand only..
please a simple GET and PUT in TFTP cliente using octet mode.Sol.pdf
please a simple GET and PUT in TFTP cliente using octet mode.
Solution
TFTP stands for Trivial File Transfer Protocol.
Constructor: new(HOST[,OPTIONS])
HOST - the name of the remote host
OPTIONS - passed in a hash like fashion,using key and value pairs
(port,mode,timeout,max timeout,retries)
Synopsis:
use TFTP;
$tftp = new TFTP(\"some.host.name\");
$tftp->get(\"that.file\");
$tftp->octet;
$tftp->put(\"this.file\");
$tftp->quit;
here the method of the above Synopsis is
Mode: Octet
get(REMOTE_FILE[,LOCAL_FILE]) : get REMOTE_FILE from the server and store
locally.LOCAL_FILE may be a file name .Returns LOCAL_FILE
put(LOCAL_FILE[,REMOTE_FILE]) : put a file on the remote server. LOCAL_FILE may be a
name .if LOCAL_FILE is a filehandle then REMOTE_FILE must be specified.if not it will
stored as LOCAL_FILE in current directory.Returns REMOTE_FILE
quit : close the current socket and release any resourses..
Pleas help explain how to solve I dont know even how to start the .pdf
Pleas help explain how to solve I don\'t know even how to start the problem
Suppose E and F are two events. It is given that P(E)=.22, P(not F)=.65, and P(E and F)=.13.
Determine the probability that either E or F occur.
Solution
1)
P(E) = 0.22
P(F\') = 0.65, => P(F) = 1 - P(F \' ) = 0.35
P(E and F) = 0.13
P(E or F) = P(E) + P(F) - P( E and F)
= 0.22 + 0.35 - 0.13
= 0.44
2) P(E \' ) = 0.33 => P(E) = 1 - P(E \' ) = 0.67
P(F \' ) = 0.54 => P(F) = 1 - P(F \' ) = 0.46
P(E or F) = 0.68
P(E and F) = P(E) + P(F) - P( E or F)
= 0.67 + 0.46 - 0.68
= 0.45.
Pittman Company is a small but growing manufacturer of telecommunica.pdf
Pittman Company is a small but growing manufacturer of telecommunications equipment. The
company has no sales force of its own; rather, it relies completely on independent sales agents to
market its products. These agents are paid a sales commission of 15% for all items sold.
Barbara Cheney, Pittman’s controller, has just prepared the company’s budgeted income
statement for next year. The statement follows:
Pittman Company
Budgeted Income Statement
For the Year Ended December 31
Sales
$
16,000,000
Manufacturing expenses:
Variable
$
7,200,000
Fixed overhead
2,340,000
9,540,000
Gross margin
6,460,000
Selling and administrative expenses:
Commissions to agents
2,400,000
Fixed marketing expenses
120,000*
Fixed administrative expenses
1,800,000
4,320,000
Net operating income
2,140,000
Fixed interest expenses
540,000
Income before income taxes
1,600,000
Income taxes (30%)
480,000
Net income
$
1,120,000
*Primarily depreciation on storage facilities.
As Barbara handed the statement to Karl Vecci, Pittman’s president, she commented, “I went
ahead and used the agents’ 15% commission rate in completing these statements, but we’ve just
learned that they refuse to handle our products next year unless we increase the commission rate
to 20%.”
“That’s the last straw,” Karl replied angrily. “Those agents have been demanding more and
more, and this time they’ve gone too far. How can they possibly defend a 20% commission
rate?”
“They claim that after paying for advertising, travel, and the other costs of promotion, there’s
nothing left over for profit,” replied Barbara.
“I say it’s just plain robbery,” retorted Karl. “And I also say it’s time we dumped those guys
and got our own sales force. Can you get your people to work up some cost figures for us to look
at?”
“We’ve already worked them up,” said Barbara. “Several companies we know about pay a
7.5% commission to their own salespeople, along with a small salary. Of course, we would have
to handle all promotion costs, too. We figure our fixed expenses would increase by $2,400,000
per year, but that would be more than offset by the $3,200,000 (20% × $16,000,000) that we
would avoid on agents’ commissions.”
The breakdown of the $2,400,000 cost follows:
Salaries:
Sales manager
$
100,000
Salespersons
600,000
Travel and entertainment
400,000
Advertising
1,300,000
Total
$
2,400,000
“Super,” replied Karl. “And I noticed that the $2,400,000 is just what we’re paying the agents
under the old 15% commission rate.”
“It’s even better than that,” explained Barbara. “We can actually save $75,000 a year because
that’s what we’re having to pay the auditing firm now to check out the agents’ reports. So our
overall administrative expenses would be less.”
“Pull all of these numbers together and we’ll show them to the executive committee
tomorrow,” said Karl. “With the approval of the committee, we can move on the matter
immediately.”
Required:
1.
Compute Pittman Company’s break-even point in dollar sales for next year assuming: (.
Piercing the Corporate Veil M.R. Watters was the majority shareholde.pdf
Piercing the Corporate Veil M.R. Watters was the majority shareholder of several closely held
corporations, including Wildhorn Ranch, Inc. (Wildhorn). All these businesses were run out of
Watters’s home in Rocky Ford, Colorado. Wildhorn operated a resort called the Wildhorn Ranch
Resort in Teller County, Colorado. Although Watters claimed that the ranch was owned by the
corporation, the deed for the property listed Watters as the owner. Watters paid little attention to
corporate formalities, holding corporate meetings at his house, never taking minutes of those
meetings, and paying the debts of one corporation with the assets of another. During August
1986, two guests of Wildhorn Ranch Resort drowned while operating a paddleboat at the ranch.
The family of the deceased guests sued for damages. Is Watters personally liable? My answer
must be at least 300 words.
Solution
Answer: A. The elements to consider in \"piercing\" the \"corporate viel\" or liability \"shield\"
include:
(1) failing to follow the required formalities in company administration; (2) undercapitalizing
the company; (3) using the business to achieve fraud; (4) failing to properly document
transactions between the company and its owner(s); and failing to keep separate financial records
for the company and its owner(s).
Walters appears to meets several of these elements. Most importantly, the land on which the
accident occurred is deeded to him personally. Therefore, unless there is a lease and indemnity
agreement between him and the corporation, which is highly unlikely given his habit of not
following corporate formalities in other respects of the business, then he will have personal
liability for the accident. This is enough to avoid the liability shield, but comingling funds and
otherwise ignoring corporate formalities make this is a relatively easy case for shield piercing..
pIf f maps Z on to Z is an isomorphism, prove that f is the identi.pdf
If f maps Z on to Z is an isomorphism, prove that f is the identity map.
Solution
f:Z->Z is an isomorphism
let ,x Z and y Z (codomain) ; = belongs to
hence, y=f(x) ;y is as function of x
isomorphism means it is onto and one-one
onto:
\"every\" yZ (codomain) ,there exist xZ ,such that f(x)=y ...1
one-one:
for \"any\" yZ(codomain) ,there exist at most one xZ such that y=f(x) ...2
from 1 and 2, we get \"every\" yZ(codomain) has at most one xZ such that y=f(x) and f:Z->Z.
which means every element of set Z maps to the same element in Z(codomain), since domain
and range are same i.e Z=Z. hence identity map..
pIf a random sample of 10 items is drawn from the output of a mach.pdf
If a random sample of 10 items is drawn from the output of a machine whose defective rate is
4%, what is the probability that there are less than 2 defective items in the sample?
Solution
Binomial distribution with n=10, p=.04 P(Y<2) = P(Y<=1) = P(Y=1) + P(Y=0) =
.9418.
Physicists believe that our universe has more than 4 dimensions--3 s.pdf
Physicists believe that our universe has more than 4 dimensions--3 spatial ones plus a time
dimension--with some theories suggesting 10 dimensions and others 11. The \"extra\"
dimensions are thought to be somehow inside the big ones we can perceive directly. Does the
idea of fractal geometry suggest to you any ways in which this theory might make sense?
Explain your answer
Solution
Quantum Theory just seems too weird to believe. Particles can be in more than one place at a
time.
And they don\'t exist until you measure them. Spookier still, they en stay in touch when they are
separated by great distances.
Einstein thought this was all a bit much, believing it to be evidence of major problems with the
Theory as many critics still suspect today. Quantum enthusiasts point to the theory\'s
extraordinary
success in explaining the behavior of atoms, electrons, and other quantum systems. They insist
we have
to accept the Theory as it is, however strange it may seem.
But what if there were a way to reconcile these 2 opposing views by showing how Quantum
Theory
might emerge from a deeper level of non-weird Physics?
If you listen to physicist Tim Palmer, it begins to sound plausible. What has been missing, he
argues, are some key ideas from an area of science that most quantum physicists have ignored.
Namely
the science of Fractals -- those intricate patterns found in everything from fractured surfaces to
oceanic
flows (see \"What is a Fractal?\").
Take the mathematics of Fractals into account, says Palmer, and the long-standing puzzles of
Quantum Theory may be much easier to understand. They might even dissolve away.
It is an argument that is drawing attention from physicists around the World. \"His approach is
very
interesting and refreshingly different,\" says physicist Robert Spekkens of the Perimeter Institute
for
Theoretical Physics in Waterloo, Canada. \"He\'s not just trying to reinterpret the usual quantum
formalism but actually to derive it from something deeper.\"
That Palmer is making this argument may seem a little odd, given that he is a climate scientist
working at the European Centre for Medium-Range Weather Forecasting in Reading, UK. It
makes
more sense when you learn that Palmer studied General Relativity at the University of Oxford,
working
under the same PhD adviser as Stephen Hawking.
So while Palmer has spent the last 20 years establishing a reputation as a leading mathematical
climatologist, he has also continued to explore the mysteries of his first interest -- Quantum
Theory (see
\"Quantum Ambitions\").
1\"It has taken 20 years of thinking,\" says Palmer. \"But I do think that most of the paradoxes of
Quantum Theory may well have a simple and comprehensible resolution.\"
Arguments over Quantum Theory have raged since the 1920s starting with a series of famous
exchanges between Einstein and the Danish physicist Niels Bohr.
Bohr and his supporters believed that the Theory\'s successful description of atoms and radiation
meant tha.
pHow do you subtract fractions with un like denominatorspSo.pdf
How do you subtract fractions with un like denominators
Solution
get the common denominator of the fraction. for example, 4/5 - 3/4 = 1/20 ( 5 and
4 \'s least common denominator is 20) * 20 divided by 5 times 4 is 16 * 20 divided by 4 times 3
is 15 *16/20 -15/20 = 1/20.
Peter, Paul, Mary, Andrew, John, and Martha are members of the pasto.pdf
Peter, Paul, Mary, Andrew, John, and Martha are members of the pastoral council at a local
church. They are to be seated at one side of a long conference table in a pastoral council meeting.
a. How many possible ways can these 6 council members can be seated? b. How many
possible sitting arrangements are there if only gender is considered in the process?
Solution
a) 6! = 720
b)3C1*4!*2! = 144.
Phishing attacks can occur using which of the followingCell phone.pdf
Phishing attacks can occur using which of the following?
Cell phones
Personal digital assistants
Traditional computers
Websites
Solution
Cell phones
Personal digital assistants
Traditional computers
Websites
Phishing attacks are not limited to traditional computers and websites; they may also target
mobile computing devices, such as cell phones and personal digital assistants. To perform a
phishing attack, an attacker creates a website or e-mail that looks as if it is from a well-known
organization, such as an online business, credit card company, or financial institution in the case
of cell phones; it is often the SMS/MMS attack vector or calls with spoofed caller-ID..
Phil Armstrong earns a gross income of $5,355 per month. He has subm.pdf
Phil Armstrong earns a gross income of $5,355 per month. He has submitted an application for a
fixed-rate mortgage with a monthly PITI of $1,492.Phil has other financial obligations totaling
$625 per month.
a.)What is his housing expense ratio?
b.) What is his total obligations ratio?
Solution
A)housing expense ratio = 1492/5335 = 0.27966 B)his total obligations ratio =
625/5335 =0.11715.
Phenotypes of Peas. Biologists conducted an experiment to determine .pdf
Phenotypes of Peas. Biologists conducted an experiment to determine whether a deficiency of
carbon dioxide in the soil affects the phenotypes of peas. Listed below are the phenotype codes,
where 1 = smooth-yellow, 2 = smooth-green, 3 = wrinkled-yellow, and 4 = wrinkled-green. Can
the measures of variation be obtained for these values? Do the results make sense? Explain
2 1 1 1 1 1 1 4 1 2 2 1 2 3 3 2 3 1 3 1 3 1 3 2 2
Solution
Yes.
pertaining to capital budgeting, what method can be used as a chec.pdf
pertaining to capital budgeting, what method can be used as a \"check\" figure for the NPV?
Solution
There are many techniques in capital budgeting includes payback period, accounting rate of
return, net present value, internal rate of return etc.
The net present value (NPV) method is a process of calculating the present value of cash flows
(inflows and outflows) of an investment proposal, using the cost of capital as discounting rate..
Periodic Inventory by Three Methods; Cost of Merchandise Sold The un.pdf
Periodic Inventory by Three Methods; Cost of Merchandise Sold The units of an item available
for sale during the year were as follows: Jan. 1 Inventory 30 units @ $124 Mar. 10 Purchase 60
units @ $134 Aug. 30 Purchase 10 units @ $140 Dec. 12 Purchase 100 units @ $146 There are
40 units of the item in the physical inventory at December 31. The periodic inventory system is
used. Determine the inventory cost and the cost of merchandise sold by three methods. Round
interim calculations to one decimal and final answers to the nearest whole dollar.
Cost of Merchandise Inventory and Cost of Merchandise Sold
Inventory Method
Merchandise Inventory
Merchandise Sold
First-in, first-out (FIFO)
$
$
Last-in, first-out (LIFO)
Weighted average cost
Cost of Merchandise Inventory and Cost of Merchandise Sold
Inventory Method
Merchandise Inventory
Merchandise Sold
First-in, first-out (FIFO)
$
$
Last-in, first-out (LIFO)
Weighted average cost
Solution
Working:
Cost of Goods Available for Sale:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
60
$ 134
$ 8,040
Aug. 30
10
$ 140
$ 1,400
Dec. 12
100
$ 146
$ 14,600
Cost of Goods Available for Sale =
$ 27,760
Cost of Merchandise Inventory and Cost of Merchandise Sold:
1
First-in, first-out (FIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Dec. 12
40
$ 146
$ 5,840
Cost of Merchandise Inventory:
$ 5,840
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,840)
Cost of Merchandise Sold
$ 21,920
2
Last-in, first-out (LIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
10
$ 134
$ 1,340
Cost of Merchandise Inventory:
$ 5,060
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,060)
Cost of Merchandise Sold
$ 22,700
3
Weighted average cost:
Cost of Goods Available for Sale
$ 27,760
Total Units Available for Sale =
200
Weighted average cost per unit = 27760 /200
$ 138.80
Cost of Merchandise Inventory: = 40 units *138.80 =
$ 5,552
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,552)
Cost of Merchandise Sold
$ 22,208
Working:
Cost of Goods Available for Sale:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
60
$ 134
$ 8,040
Aug. 30
10
$ 140
$ 1,400
Dec. 12
100
$ 146
$ 14,600
Cost of Goods Available for Sale =
$ 27,760
Cost of Merchandise Inventory and Cost of Merchandise Sold:
1
First-in, first-out (FIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Dec. 12
40
$ 146
$ 5,840
Cost of Merchandise Inventory:
$ 5,840
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,840)
Cost of Merchandise Sold
$ 21,920
2
Last-in, first-out (LIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
10
$ 134
$ 1,340
Cost of Merchandise Inventory:
$ 5,060
Cost of Merchandise S.
Peter, Paul, Mary, John and Martha are members of the pastoral counc.pdf
Peter, Paul, Mary, John and Martha are members of the pastoral council at a local church. They
are to be seated at one side of a long conference table in a pastoral council meeting.
a)How many possible ways can these 5 council members be seated?
b)How many possible sitting arrangements are there if only gender is considered in the process?
Solution
5! = 120
b)5! / 3! 2! = 10.
Peter had been a human resource (HR) manager for 18 years and vice p.pdf
Peter had been a human resource (HR) manager for 18 years and vice president for 2 more years
for Zyedego Corporation, a small company in New Orleans. In the last decade, there have been
many changes to what potential/actual employees can be asked and what constitutes fair and
equitable treatment. Frankly, the situation Peter was in was partly his own fault. The first issue
began with Hurricane Katrina. In its wake, Zyedego employees had been working around the
clock to get the company up and running
again. The company had been calling all employees (if they could locate them) to get them to
return to work. Gwyn, one of Peter’s HR managers, was planning on rehiring Dana Gonzales but
found out that Dana was pregnant. Because of the “rough” condition of the workplace, Gwyn
was concerned for Dana’s safety. Gwyn felt that if Dana were rehired, employees’ hourly wages
should be decreased by 25 percent because the company had experienced setbacks during the
hurricane and had to work with a reduced budget. In addition, Gwyn had some concerns over
Dana’s citizenship because her passport appeared to be questionable. The flooding destroyed the
original documents, and although Gwyn requested new documents, Dana had been slow in
providing them. Gwyn had asked some difficult questions, and Dana stated that if not rehired she
would go to a competitor and expected the company to pay severance of two weeks’ wages for
the time she was out of work during the hurricane. Another issue is the hiring of truck drivers.
Zyedego hires many truck drivers and routinely requests driving records as part of the
preemployment process. Several of the potential new hires have past DWI records. All have
stated that they would never do it again, have maintained a clean record for at least five years,
and understand the consequences of another infraction. Gwyn has hired some drivers with
infractions to secure the necessary number of drivers needed for the company. However, Gwyn
has some concerns over whether she is exposing the company to unnecessary risk because of the
increased potential for accidents or repeat DWI violation. From Peter, Gwyn needs guidance
related to continuing these hiring practices. However, Zyedego has even deeper problems, which
is what concerns Peter. The problem really started when Peter was still an HR manager, and
involves one “family.” Guy Martin started working for Zyedego 20 years ago. He was married
with two children, and had a mortgage. A little over a year ago, Guy separated from his wife, and
they divorced only to remarry six months later. When Guy was hired, Peter had made sure that
Guy’s son, who has asthma, would be covered by health insurance. Peter also helped out the
family several times when money was tight and provided Guy with overtime work. But tragedy
struck the Martins when Guy was killed in the hurricane. Police and rescue workers hunted for
his body, but it was never found. Because Martha, Guy’s wife, was a stay-at-home mother, t.
pete is given three positive integers and is told to add the first t.pdf
pete is given three positive integers and is told to add the first two and then multiply the result
by the third. instead he multipiplies the first two and adds the third to the result, yet he still gets
the correct answer of 14. how many different values could the first number have been?
Solution
3+4*2=14
3*4+2=14.
Personal income amounted to 17 million last year. Personal current t.pdf
Personal income amounted to 17 million last year. Personal current taxes amounted to 4 million
and personal outlays for consumption expenditures, nonmortgage interest, and so forth were 12
million. What was the amount of personal savings?
Solution
17 - 4 - 12 = 1 million.
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The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
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The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
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pHow do you subtract fractions with un like denominatorspSo.pdf
How do you subtract fractions with un like denominators
Solution
get the common denominator of the fraction. for example, 4/5 - 3/4 = 1/20 ( 5 and
4 \'s least common denominator is 20) * 20 divided by 5 times 4 is 16 * 20 divided by 4 times 3
is 15 *16/20 -15/20 = 1/20.
Peter, Paul, Mary, Andrew, John, and Martha are members of the pasto.pdf
Peter, Paul, Mary, Andrew, John, and Martha are members of the pastoral council at a local
church. They are to be seated at one side of a long conference table in a pastoral council meeting.
a. How many possible ways can these 6 council members can be seated? b. How many
possible sitting arrangements are there if only gender is considered in the process?
Solution
a) 6! = 720
b)3C1*4!*2! = 144.
Phishing attacks can occur using which of the followingCell phone.pdf
Phishing attacks can occur using which of the following?
Cell phones
Personal digital assistants
Traditional computers
Websites
Solution
Cell phones
Personal digital assistants
Traditional computers
Websites
Phishing attacks are not limited to traditional computers and websites; they may also target
mobile computing devices, such as cell phones and personal digital assistants. To perform a
phishing attack, an attacker creates a website or e-mail that looks as if it is from a well-known
organization, such as an online business, credit card company, or financial institution in the case
of cell phones; it is often the SMS/MMS attack vector or calls with spoofed caller-ID..
Phil Armstrong earns a gross income of $5,355 per month. He has subm.pdf
Phil Armstrong earns a gross income of $5,355 per month. He has submitted an application for a
fixed-rate mortgage with a monthly PITI of $1,492.Phil has other financial obligations totaling
$625 per month.
a.)What is his housing expense ratio?
b.) What is his total obligations ratio?
Solution
A)housing expense ratio = 1492/5335 = 0.27966 B)his total obligations ratio =
625/5335 =0.11715.
Phenotypes of Peas. Biologists conducted an experiment to determine .pdf
Phenotypes of Peas. Biologists conducted an experiment to determine whether a deficiency of
carbon dioxide in the soil affects the phenotypes of peas. Listed below are the phenotype codes,
where 1 = smooth-yellow, 2 = smooth-green, 3 = wrinkled-yellow, and 4 = wrinkled-green. Can
the measures of variation be obtained for these values? Do the results make sense? Explain
2 1 1 1 1 1 1 4 1 2 2 1 2 3 3 2 3 1 3 1 3 1 3 2 2
Solution
Yes.
pertaining to capital budgeting, what method can be used as a chec.pdf
pertaining to capital budgeting, what method can be used as a \"check\" figure for the NPV?
Solution
There are many techniques in capital budgeting includes payback period, accounting rate of
return, net present value, internal rate of return etc.
The net present value (NPV) method is a process of calculating the present value of cash flows
(inflows and outflows) of an investment proposal, using the cost of capital as discounting rate..
Periodic Inventory by Three Methods; Cost of Merchandise Sold The un.pdf
Periodic Inventory by Three Methods; Cost of Merchandise Sold The units of an item available
for sale during the year were as follows: Jan. 1 Inventory 30 units @ $124 Mar. 10 Purchase 60
units @ $134 Aug. 30 Purchase 10 units @ $140 Dec. 12 Purchase 100 units @ $146 There are
40 units of the item in the physical inventory at December 31. The periodic inventory system is
used. Determine the inventory cost and the cost of merchandise sold by three methods. Round
interim calculations to one decimal and final answers to the nearest whole dollar.
Cost of Merchandise Inventory and Cost of Merchandise Sold
Inventory Method
Merchandise Inventory
Merchandise Sold
First-in, first-out (FIFO)
$
$
Last-in, first-out (LIFO)
Weighted average cost
Cost of Merchandise Inventory and Cost of Merchandise Sold
Inventory Method
Merchandise Inventory
Merchandise Sold
First-in, first-out (FIFO)
$
$
Last-in, first-out (LIFO)
Weighted average cost
Solution
Working:
Cost of Goods Available for Sale:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
60
$ 134
$ 8,040
Aug. 30
10
$ 140
$ 1,400
Dec. 12
100
$ 146
$ 14,600
Cost of Goods Available for Sale =
$ 27,760
Cost of Merchandise Inventory and Cost of Merchandise Sold:
1
First-in, first-out (FIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Dec. 12
40
$ 146
$ 5,840
Cost of Merchandise Inventory:
$ 5,840
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,840)
Cost of Merchandise Sold
$ 21,920
2
Last-in, first-out (LIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
10
$ 134
$ 1,340
Cost of Merchandise Inventory:
$ 5,060
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,060)
Cost of Merchandise Sold
$ 22,700
3
Weighted average cost:
Cost of Goods Available for Sale
$ 27,760
Total Units Available for Sale =
200
Weighted average cost per unit = 27760 /200
$ 138.80
Cost of Merchandise Inventory: = 40 units *138.80 =
$ 5,552
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,552)
Cost of Merchandise Sold
$ 22,208
Working:
Cost of Goods Available for Sale:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
60
$ 134
$ 8,040
Aug. 30
10
$ 140
$ 1,400
Dec. 12
100
$ 146
$ 14,600
Cost of Goods Available for Sale =
$ 27,760
Cost of Merchandise Inventory and Cost of Merchandise Sold:
1
First-in, first-out (FIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Dec. 12
40
$ 146
$ 5,840
Cost of Merchandise Inventory:
$ 5,840
Cost of Merchandise Sold
Cost of Goods Available for Sale
$ 27,760
Less: Cost of Merchandise Inventory:
$ (5,840)
Cost of Merchandise Sold
$ 21,920
2
Last-in, first-out (LIFO) :
Cost of Merchandise Inventory:
Date
Units
Rate
Cost
A
B
A*B
Jan. 1
30
$ 124
$ 3,720
Jan. 10
10
$ 134
$ 1,340
Cost of Merchandise Inventory:
$ 5,060
Cost of Merchandise S.
Peter, Paul, Mary, John and Martha are members of the pastoral counc.pdf
Peter, Paul, Mary, John and Martha are members of the pastoral council at a local church. They
are to be seated at one side of a long conference table in a pastoral council meeting.
a)How many possible ways can these 5 council members be seated?
b)How many possible sitting arrangements are there if only gender is considered in the process?
Solution
5! = 120
b)5! / 3! 2! = 10.
Peter had been a human resource (HR) manager for 18 years and vice p.pdf
Peter had been a human resource (HR) manager for 18 years and vice president for 2 more years
for Zyedego Corporation, a small company in New Orleans. In the last decade, there have been
many changes to what potential/actual employees can be asked and what constitutes fair and
equitable treatment. Frankly, the situation Peter was in was partly his own fault. The first issue
began with Hurricane Katrina. In its wake, Zyedego employees had been working around the
clock to get the company up and running
again. The company had been calling all employees (if they could locate them) to get them to
return to work. Gwyn, one of Peter’s HR managers, was planning on rehiring Dana Gonzales but
found out that Dana was pregnant. Because of the “rough” condition of the workplace, Gwyn
was concerned for Dana’s safety. Gwyn felt that if Dana were rehired, employees’ hourly wages
should be decreased by 25 percent because the company had experienced setbacks during the
hurricane and had to work with a reduced budget. In addition, Gwyn had some concerns over
Dana’s citizenship because her passport appeared to be questionable. The flooding destroyed the
original documents, and although Gwyn requested new documents, Dana had been slow in
providing them. Gwyn had asked some difficult questions, and Dana stated that if not rehired she
would go to a competitor and expected the company to pay severance of two weeks’ wages for
the time she was out of work during the hurricane. Another issue is the hiring of truck drivers.
Zyedego hires many truck drivers and routinely requests driving records as part of the
preemployment process. Several of the potential new hires have past DWI records. All have
stated that they would never do it again, have maintained a clean record for at least five years,
and understand the consequences of another infraction. Gwyn has hired some drivers with
infractions to secure the necessary number of drivers needed for the company. However, Gwyn
has some concerns over whether she is exposing the company to unnecessary risk because of the
increased potential for accidents or repeat DWI violation. From Peter, Gwyn needs guidance
related to continuing these hiring practices. However, Zyedego has even deeper problems, which
is what concerns Peter. The problem really started when Peter was still an HR manager, and
involves one “family.” Guy Martin started working for Zyedego 20 years ago. He was married
with two children, and had a mortgage. A little over a year ago, Guy separated from his wife, and
they divorced only to remarry six months later. When Guy was hired, Peter had made sure that
Guy’s son, who has asthma, would be covered by health insurance. Peter also helped out the
family several times when money was tight and provided Guy with overtime work. But tragedy
struck the Martins when Guy was killed in the hurricane. Police and rescue workers hunted for
his body, but it was never found. Because Martha, Guy’s wife, was a stay-at-home mother, t.
pete is given three positive integers and is told to add the first t.pdf
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Solution
3+4*2=14
3*4+2=14.
Personal income amounted to 17 million last year. Personal current t.pdf
Personal income amounted to 17 million last year. Personal current taxes amounted to 4 million
and personal outlays for consumption expenditures, nonmortgage interest, and so forth were 12
million. What was the amount of personal savings?
Solution
17 - 4 - 12 = 1 million.
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Multithreading_in_C++ - std::thread, race condition
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June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
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Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
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Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
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Thesis Statement for students diagnonsed withADHD.ppt
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How libraries can support authors with open access requirements for UKRI fund...
Philips, Inc has a debt ratio of 15 and ROE = 13. What is Phillips.pdf
- 1. Philips, Inc has a debt ratio of 15% and ROE = 13%. What is Phillips’ ROA? (Enter answer as a percent). Solution Debt Ratio = Total Liabilities / Total Assets = 15% ROE = Net Income / Total equity = 13% ROE = ROA * 1/( 1- Debt RATIO) 0.13 = X * 1/( 1 - 0.15) 0.13 = x * 1/0.85 0.13 = x * 1.1765 x = 0.13/1.1765 = 0.1105 = 11% Hence ROA = 11%