1. Acc

    The comparative statements of Dillon Company are presented below. Analysis DILLON COMPANY Balance Sheets December 31 Assets 2009 2008 Current assets Cash $ 21,000 $ 18,000 Short-term investments 18,000 15,000 Accounts receivable (net) 86,000 74,000
  2. Accounting

    I am doing a report on finding the major challenges in the future of my university with regards to their revenue and expenses. I have to discuss the main financial obstacles faced by the university and explain why each presents problems with future
  3. accounting

    On January 2, 2006, Grant Corporation leases an asset to Pippin Corporation under the following conditions: 1. Annual lease payments of $10,000 for twenty years. 2. At the end of the lease term the asset is expected to have a value of $2,750. 3. The fair
  4. public finance

    A worker lives in a state that has its own income tax. The worker is in the 31 percent federal tax bracket. In addition, he is subject to a 9 percent MTR for his state income tax. Assume that mortgage interest is deductible both on his federal and state
  5. Public Finance

    A worker lives in a state that has its own income tax. The worker is in the 31 percent federal tax bracket. In addition, he is subject to a 9 percent MTR for his state income tax. Assume that mortgage interest is deductible both on his federal and state
  6. Math College 115

    According to a 2010 Kaiser Family Foundation report, during 2009 spent almost every waking hour outside of school using electronic devices such as iPhones, computers, or televisions. Those aged 8 to 18 spent an average seven and a half hours a day in 2009
  7. accounting I

    For the following entry, should I journalize that entry on the purchased date or on Oct. 1st? Sept 29, 2009 Purchased a one-year public liability insurance policy for $5,000. The policy becomes effective at 12:01 a.m. October 1, 2009.
  8. math

    Describe how the QuickZoom feature of QuickBooks does or does not provide the same help in the statement of cash flows as it does in the income statement
  9. Economics

    What percentage of income is spent on lottery tickets by (a) A poor family with an income of $19,000 per year who purchase the average amount of lottery tickets for their income bracket?
  10. Accounting

    Hello, I’m having a difficult time understanding how to adjust the following unadjusted accounts: A/R …………………………………..480,000 Accum. Depr, building………116,000 Accum. Depr, equipment…332,000 Advance
  11. Math

    A scientists income over 3 years was $72,000, $76,000, and $77,000. He won an award the next year, so his income was $1,080,000. By how much does the outlier increase the scientist mean annual income? Pleas help me and work out the problem
  12. microeconomics

    TRUE OR FALSE: 9. Assume that the Minimum Wage has increased to $14 from $10. If the total labour-income at the wage of $14 is higher than the total labour-income at the wage of $10, it means that the labour-demand with respect to wage is elastic. FALSE. I
  13. accounting

    Westchase Supplies reported sales of $5,000,000, cost of goods sold of $3,200,000, operating expenses of $1,400,000 and income tax expense of $160,000 for the year What was the company’s net income for the year?
  14. accounting

    Total Assets Total Liabilities Beginning of the year $550,000 $215,000 End of the year 844,000 320,000 On the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the
  15. Accounting

    The comparative statements of Lucille Company are presented here. LUCILLE COMPANY Income Statements For the Years Ended December 31 First number are 2012 2012 then 2011 Net sales $1,890,540 $1,750,500 Cost of goods sold 1,058,540 1,006,000 Gross profit
  16. accounting

    Enter transactions: 1. owner contributes $6,00 cash 2. $2,000 in revenue on account 3. $1,500 cash from debtors 4. Rent expense cash $400 5. $300 in cash for salaries invested $2,500 in a certificate of deposit(terms - 12 months, rate of interest - 8%)
  17. advanced accounting

    prepare the investment-related entries on pert company's books for 2009
  18. accounting

    During the month of December 20-1, TJ's Specialty Shop engaged in the following transactions: Dec. 1 Sold merchandise on account to Anne Clark, $2,000, plus tax of $100. Sale no. 637. 2 Issued check no. 806 to Owen Enterprises in payment of December 1
  19. accounting

    does withdrawls fall in the catergorie income statement.if not please correct. the other two choices are statement of changes in owner equity or balance sheet.
  20. math

    does withdrawls fall in the catergorie income statement.if not please correct. the other two choices are statement of changes in owner equity or balance sheet.
  21. Accounting

    I have added Below my balance sheet and income statement now the statement of owners equity is the beginning capital 28,2800 plus the net income 21,550 which is 49,750 less withdrawals 5,000 equals 44,750 which does not equal my assets. I cannot figure out
  22. maths

    The population of a country is 10 million in 1997 and increasing at a rate of 0.6 million per year. The average annual income of a person during 1997 was 16000 dollars per year and increasing at a rate of 800 dollars per year. How quickly was the total
  23. 6th grade math

    Max kept records about where he spent his money. At the end of the year, he announced that he had spent 1.2 of his income on food and rent, 1/2 of his income on clothing, 1/12 on entertainment, and had saved $1400. Mike said he spent 1/2 of his income on
  24. economics

    A recently released Gallup survey confirms the fears of many who oppose government-promoted gambling: the poorest among us are contributing much more to lottery revenues than those with higher incomes. The poll found that people who played the lottery with
  25. Int. Macro

    Can some just point into the right direction on how to solve this? 1. Suppose you live four periods and earn income of $30,000, $60,000, and $90,000 in the first three periods, and then retire in the fourth period. Assume the interest rate is 0. a. Suppose
  26. Accounting Balance Sheet - please help!!!

    The following data pertain to Pavilion Products Inc. (PPI): PPI has outstanding debt in the form of accounts payable, 6-month notes payable, and long-term bonds. The notes carry a 10% interest rate and the bonds carry an 8.5% rate. Both the notes and bonds
  27. Finance

    Suppose you just inherited a gold mine. This gold mine is believed to have three years worth of gold deposit. Here is how much income this gold mine is projected to bring you each year for the next three years: Year 1: $49,000,000 Year 2: $61,000,000 Year
  28. accounting

    On February 1, 2010, Par5 paid property taxes on its warehouse for the calendar year 2010 in the amount of $385,000. In the first week of June 2010, Par5 made unanticipated major repairs to its warehouse at a cost of $3,000,000. These repairs will benefit
  29. real estate investment

    You are considering purchasing a 12,000 square feet (4,000 sf. per floor), three story office building for $1,250,000 with closing to be on May 12. The top and bottom floors are preleased for $24 per sq, ft. annually and the middle floor for $20 annually.
  30. Math

    A retired couple needs $12,000 per year in income to supplement their Social Security. They have $150,000 to invest to obtain this income. They have decided on two investment options: AA bonds yielding 10% per annum and a bank CD yielding 5%. (a) How much
  31. Finance kennedy king

    4. A firm's net income last year was $1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
  32. MATH

    Use the following time value of money tables to answer the following questions. Assume that the annual rate of interest is 6% for each of the four following problems. i = 6% Time Periods (n) Future Value of 1 Present Value of 1 Future Value of an Annuity
  33. Buisness finance

    4. A firm's net income last year was $1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
  34. math

    Suppose you deposit $275.00 in your savings account on December 31. Your bank pays 3 percent annual interest on savings accounts. If you do not deposit any more money into the account, what would be the balance on December 31 of the following year?
  35. Accounting

    I have the following items listed on a balance sheet and income statement: Balance Sheet: Cash Accounts Receivable Inventory Prepaid Expenses Equipment Accumulated Deprecation Accounts Payable Income Taxes Payable Dividends Payable Salaries Payable
  36. accounting

    I need HELP in journalizing the following please: February 1 Paid $3,750 accounts payable balance due to a supplier. March 15 Received $2,500 partial payment on a $5,000 accounts receivable balance. Wrote off the rest of the account as uncollectible. April
  37. Question about Cash Flow Statement

    I had to work on the income statement, the balance sheet and the statement of Owner's equity. Now I am on the statement of cash flow. The first thing I have to imput is Cash flows from Operating activities. Where I need to input is where it says Cash
  38. Accounting1 - ethical issue

    Discount Hardware Wishes to expand its business and has borrowed $200,000 from the Toronto Dominion Bank. As a condition for making this loan, the bank required discount hardware to maintain a current ratio of atleast 1.50 and a debt ratio of no more than
  39. F

    4. A firm's net income last year was $1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
  40. accounting

    I got the first two parts of this three part question figured out but I can't figure the last part here it is Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $327,600 for the
  41. ECONIMIC

    A poor family with an income of $16,500 per year who purchase the average amount of lottery tickets for their income bracket?
  42. Math

    A manufacturing company is thinking of launching a new product. The company expects to sell $950,000 of the new product in the first year and $1,500,000 each year thereafter. Direct costs including labor and materials will be 45% of sales. Indirect
  43. Financial Accounting

    Account for warranties. Key Company offers a three-year warranty on its premium door locks. During the year, the company had sales of $100,000. Related to the sales, warranty costs should be approximately $3,000 per year. How much warranty expense related
  44. Accounting (ACC/230)

    Where would "asset impairment and store closing charges" appear on a multiple-step income statement? I am not quite sure if it goes under operating expenses or other income and expenses. Could someone please clarify this for me?
  45. ACCOUNTING

    On July 1, 2011 you purchase and pay $36,000 for a three year insurance policy. How much will your insurance expense be this year and during the following three years under the cash and accrual basis methods? At December 31 of each year, how much will
  46. financial management

    You have been hired by first citizens bank as a financial analyst. One of your first assignments is to analyze the present financial condition of Bradley Stores, Incorporated. You are provided with the following 2009 balance sheet and income statement
  47. financial management

    You have been hired by first citizens bank as a financial analyst. One of your first assignments is to analyze the present financial condition of Bradley Stores, Incorporated. You are provided with the following 2009 balance sheet and income statement
  48. INB

    Last year Rattner Robotics had $5 million in operating income (EBIT). The company had net depreciation expense of $1 million and interest expense of $1 million; its corporate tax rate was 40 percent. The company has $14 million in current assets and $4
  49. financial management

    Last year Rattner Robotics had $5 million in operating income (EBIT). The company had net depreciation expense of $1 million and interest expense of $1 million; its corporate tax rate was 40 percent. The company has $14 million in current assets and $4
  50. Financial Accounting

    I really need help please !!!!!!!!!!!!! 1. Accounting for payroll. Jimmy Paycheck earned $1,500 per month as the manager of a recording studio. Jimmy has 25% of his earning withheld for federal income taxes. There are no other amounts withheld except for
  51. Finance

    Suppose the chances of winning the lottery are 1 in 14 million with the earnings of $20 million to the lucky winner. A ticket costs $1. However, the winnings are paid over 20 years, with the first $1 million payment occurring immediately. If inflation is
  52. Accounting

    I have to do a research paper on the finance of GameStop, and I'm having problem with the first two questions: 1. If GameStop Corp chose to issue another round of corporate bonds, how much interest rate should they offer? 2. Assume that GameStop Corp did
  53. Macroeconomics

    Can someone point me in the right direction on how to solve this? 1. Suppose you have an economy with two factors of production (capital and labor), and suppose that capital's share of national income is 40% and that labor's share is 60%. Assume also that
  54. Accounting

    Cherry Hill Glass Company employs a normal costing system. The following information pertains to the year just ended. • Total manufacturing costs were $1,420,000. • Cost of goods manufactured was $1,391,000. • Applied manufacturing overhead was 20
  55. Accounting

    Cherry Hill Glass Company employs a normal costing system. The following information pertains to the year just ended. • Total manufacturing costs were $1,420,000. • Cost of goods manufactured was $1,391,000. • Applied manufacturing overhead was 20
  56. Itroduction to finance

    Anaswer all questions You have been commissioned to analyse the financial statements of MILOPA LIMITED. Below are the Consolidated statement of financial position and the Statement of Comprehensive Income of the companies. STATEMENTS OF FINANCIAL POSITION
  57. macroeconomics

    Can someone point me in the right direction on how to solve this? 1. Suppose you have an economy with two factors of production (capital and labor), and suppose that capital's share of national income is 40% and that labor's share is 60%. Assume also that
  58. math check answers

    1.  A surplus is _____. (1 point) when you spend more than you have in income when you spend less than you have in income when you spend the same amount that you have in income another word for income
  59. business

    You have recently learned that the company where you work is being sold for $275,000. The company’s income statement indicates current profits of $10,000 which have yet to be paid out as dividends. Assuming the company will remain a “growing concern”
  60. Economics

    Mallory's total income last year was $24,000, but she could deduct $12,000 for various reasons. If she had to pay 15 percent of her taxable income in federal income tax, what was her total tax payment?
  61. Accounting

    Julie Molony opened Julie's Maids Cleaning Service on July 1, 2010. During July, the company completed the transactions. July 1 Invested $14,000 cash in the business 1 Purchased a used truck for $10,000 paying $3,000 cash and the balance on account. 3
  62. macroeconomics

    Could you please help me with these couple of problems? Assume that C=a+(.75)(YD), where YD= Y-T 1. If the autonomous tax increases by 1000, the leakage schedule will shift up by how much? 2. A full employment income, planned aggregate expenditure exceeds
  63. accounting

    what catergorie does this fit in. utilities: does is fit in income statement or in statement of changes in owner equity or balance sheet. i think statement in chnges in owner equity is the answers if wrong please correct.
  64. accounting

    what catergorie does this fit in. utilities: does is fit in income statement or in statement of changes in owner equity or balance sheet. i think statement in chnges in owner equity is the answers if wrong please correct.
  65. accounting

    indicate in the table below the financial statement on which each of the following accounts appear. (FINANCIAL STATEMENTS) ACCOUNTS: CASH IN THE BANK DOES IT BELONG ON INCOME STATEMENT OR STATEMENT OF CHANGES IN OWNERS EQUITY OR BALANCE SHEET. LL I NEED IS
  66. Accounting

    How would I record this on the "Journal Entry" and at what amount? Information for Year-End Adjusting Journal Entries December 31,2006 1. $71,400 of office equipment was purchased on Jan. 1, 2004. The office equipment is expected to have a useful life of 7
  67. Cost Accounting

    Please somebody can help with the steps of this problem: Thank you (Comprehensive) Construction Company uses a job order costing system. In May 2008, company made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport,
  68. accounting

    Timberly Construction negotiates a lump-sum purchase of several assets from a company that is going out of business. The purchase is completed on January 1, 2013, at a total cash price of $820,000 for a building, land, land improvements, and four vehicles.
  69. english

    change the first letter to mean a sort of attic no word mention english - Ms. Sue, Thursday, December 10, 2009 at 11:00pm What word are you supposed to use?
  70. Calculus

    The following table shows the percentage of the U.S. Discretionary Budget allocated to education in 2003, 2005, and 2009 (t=0 represents 2000) Year t 3 5 9 Percentage p(t) 6.8 7 6.2 (a) Compute and interpret the average rate of change of P(t) (b) Over the
  71. fiance

    Use the following statistics from Robert Morris Associates' Annual Statement Studies to answer the following question(s). Net sales 100.0 percent Cost of sales 59.9 percent Gross profit 40.1 percent Operating expenses 31.2 percent Net profit (before taxes)
  72. Personal Finance Concepts

    I have a project with a group portion and an individual portion. My question is how on earth do I start this, determine the figures in question, etc?!?! Here are the details of the project: Your younger brother, Tom, just received information from his
  73. Cost accounting

    (Comprehensive) Jackson Construction Company uses a job order costing system. In May 2008, Jackson made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport, Mississippi. Jackson Construction won the bid and assigned #515 to
  74. Management Accounting

    Victoria Kite Company, a small Melbourne firm that sells kites on the Web wants a master budget for the next three months, beginning January 1, 2005. It desires an ending minimum cash balance of $5,000 each month. Sales are forecasted at an average
  75. introduction to finance

    mary watson is 24 years old and single, lives in an apartment, and has no dependents. Last year she earned $45,000 as a sales assistant for focused business analytics: $3,910 of her wages was withheld for federal income taxes. In addition, she had interest
  76. Fiance applications

    A stock’s 2009 Earnings-per-share is $4.50. Its Payout Ratio is 30%. Next year in 2010 it expects its Earnings-per-share to be $4.75. Answer the following two questions please, and select the correct choice: 1. What is the current 2009 dividend? 2. What
  77. Finance

    Unit 4 Individual Project Deliverable Length: 2-3 pages Details: A manufacturing company is thinking of launching a new product. The company expects to sell $950,000 of the new product in the first year and $1,500,000 each year thereafter. Direct costs
  78. Algebra

    9.The following table gives the number of graduates in health professions in the U.S. for various years. Year Number of Graduates (in millions) 2009 |15.4 2010 |15.9 2011 |16.3 2012 |16 2013 |15.7 a. Code the years using t = 1 for 2009 and fit a quadratic
  79. managerial economics

    4. The equation for a demand curve has been estimated to be Q = 100 – 10P + 0.5Y where Q is quantity, P is price, and Y is income. Assume that P = 7 and Y = 50. a. Interpret the equation. b. What is price elasticity at P = 7 and arc elasticity at the
  80. accounting

    I have figured this out I just want to make sure I am correct in my answers. 1.On January 2, 2007, A company issued $100,000 of 5%, 10 year bonds. The bonds will mature in ten years. The bonds were sold for for 95% (or .95 of par) and will pay interest
  81. business

    Computer World inc. paid out $22.5 million in total common dividends and reported $278.9 million of retained earnings at year-end. The prior year's retained earnings were $212.3 million. What was the net income? Assume that all dividends declared actually
  82. financial mang.

    This is my problem i have to figure out can anyone talk me through this? I don't just want a answer i want to know how you come up withthe answer so i can learn from it. Last year Rattner Robotics had $5 million in operating income (EBIT). The company had
  83. Advanced Accounting

    Final Exam ACC440 Problem 1 On January 1, 20X1, Popular Creek Corporation organized RoadTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 60,000. RoadTime’s December 31, 20X1, trial balance in SFr is as
  84. Accountung

    I am having trouble with this question can anyone help me plz The trial balance of the Coleman-Foose Company was prepared from the record of the company on November 30, 20X2, the close of its fiscal year. COLEMAN-FOOSE COMPANY Trial Balance November 30,
  85. Cost Accounting

    PLEASE, PLEASE, can you give me the step to calculate these: 1.Prepare the beginning inventory for the first quarter 2.Prepare the budgeted beginning inventory for the second - fourth quarters 3.Prepare the budgeted production for each quarter 4.Prepare
  86. finance 200

    · Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements in your assignment. Just show the calculations of each ratio: FORD MOTOR CORPORATION Balance Sheet
  87. iqra

    . The equation for a demand curve has been estimated to be Q = 100 - 10P + 0.5Y, where Q is quantity, P is price, and Y is income. Assume P = 7 and Y = 50. a. Interpret the equation. b. At a price of 7, what is price elasticity? c. At an income level of
  88. Finance

    Consider the following income statement and answer the questions that follow: Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 a. What is the firm’s Breakeven Point in
  89. accounting

    Olympic Sports Wear estimates its Annual Federal Income tax as $10,000. It has paid the tax in four installments of $2,500 each. However, at the end of the year, the actual tax amount is $11,200. Therefore, the company needs to pay $1,200 to the
  90. income tax

    Hamad is an employee of Mountain Company. He properly completed his Form 1040EZ tax return and was required to pay the IRS $1,244 at the time of filing. He had income tax withholding during the year of $4,782. His tax liability for the year was: A. $1,244.
  91. Economics calculation help

    Kelly total income last year was $24,000, but she could deduct $12,000 for various reasons. How can I calculate; If she had to pay 15% of her taxable income in federal income tax, what was her total tax payment? So I did 12,000 x .15 and got 1800, but I
  92. Bus Finance

    Consider the following income statement and answer the questions that follow: Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 a. What is the firm’s Breakeven Point in
  93. Finance

    Consider the following income statement and answer the questions that follow: Sales(100 units) $200 Variable costs (.80each) 80 Fixed costs 20 EBIT 100 Interest expense 30 EBT 70 Income tax 24 Net income 46 a)what is the firm's Breakeven Point in units?
  94. St. line depreciation & salvage value

    A used concrete pumping truck can be purchased for 125,000 dollars. The operating cost are expected to be 65,000 dollars at the first year & increase by 5% each yaer thereafter. As a result of the purchase, the company will see in increase in income of
  95. St. line depreciation & salvage value

    A USED CONCRETE PUMPING TRUCK CAN BE PURCHASED FOR 125,000 DOLLARS. THE OPERATING COST ARE EXPECTED TO BE 65,000 DOLLARS AT THE FIRST YEAR & INCREASE BY 5% EACH YAER THEREAFTER. AS A RESULT OF THE PURCHASE, THE COMPANY WILL SEE IN INCREASE IN INCOME OF
  96. Finance 200

    How do I set this up? How do I do this? I'm not undestanding what she wants me to do. · Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements in your
  97. fiance 200

    How do I set this up? What do I do? I'm really confused on what to do. Please Help! · Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements in your
  98. math

    The value of a car depreciate each year by 5% of its value at the beginning of that year . lf its value when new on first January 2000 was 10250, what was its value in January 2009, when it was 9 years old? give your answer, correct to three significant
  99. Eng Follow up Ms Sue

    It was MLA. What happens if there is no Date published/updated. or Organization/publisher. Gellhorn, Martha "Wisdom Quotes", 1995-2009, 15 February 2009, then the website does that look correct. The 1995-2009 is the copyright date>
  100. finance

    Mary Watson is 24 years old and single, lives in an apartment, and has no dependents. Last year she earned $45,000 as a sales assistant for Focused Business Analytics: $3,910 of her wages was withheld for federal income taxes. In addition, she had interest