Problems –Financial Statement‚ Taxes and Cash flows: 1) Penguin Pucks Inc has current assets of $5100‚ net fixed assets of 23800 current liabilities of $4300 and long term debt of $7400.What is the value of the shareholder equity account for this firm ? How much is the net working capital? 2) Papa Roach Exterminators Inc has sales of $586000‚ costs of $247000‚ depreciation expense of$43000‚ interest expense of $32000 and a tax rate of 35 per cent .What is the net income for this firm?
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Break question – Chapter 13‚ lecture #1 Wilk Co. reported the following liabilities at December 31 of the current year: Accounts Payable – trade 750‚000 Short-term borrowings 400‚000 Bank loan‚ current portion $100‚000 3‚500‚000 Other bank loan 1‚000‚000 The bank loan of $3‚500‚000 was in violation of the loan agreement. The creditor had not waived the rights for the loan. Half the other bank loan will mature on June 30 next year‚ and the other half in the year following
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Chapter 5 Questions: 1. List four design issues for which the concept of concurrency is relevant. 2. What is the basic requirement for the execution of concurrent processes? Problems 1. Consider a concurrent program with two processes‚ p and q‚ defines as follows. A‚ B‚ C‚ D and E are arbitrary atomic ( indivisible ) statements. Assume that the main program ( not shown ) does a parbegin of the two processes. Void p() Void q() { { A; D; B; E; C; } } Show all
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There are numerous reason that people feel living in Chicago is better than any other place or city of United State. It is not only due to beautiful theater scene‚ lovely bars and restaurants or melodious music festivals that can easily found in every big city of the world. Resident of Chicago considers it as a better place because of the quality of life. About living in Chicago‚ different people have different type of opinion. Like: • Car is not needed. Plenty of train‚ bus and car services available
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Answer of Q1: I think Maggie has made a rational decision as this is a family matter. Her uncle left her $100‚000. Maggie has used the emotional intelligence approach by obtaining the consent of her family members in making decision of investment. It can have two impacts; if her focused group has some good background in investment portfolios then the decision would be right. Otherwise she would have taken the wrong decision in involving too many people as too many cooks spoil the broth.
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of their Asian-American mothers. These conflicts have smothered their relationships and make them be on the opposite sides in almost perceptions. However‚ it is just the outer face of the problems. When we see the issues in the lens of cultural-relativism perspectives‚ we will realize the true meanings of scenarios happening in their intergenerational families. First of all‚ the author has described vividly the characteristic of Waverly‚ an Americanized daughter‚ with strong personalities and independence
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The following information is available for Remmers corporation for 2010. a. Depreciation reported on the tax return exceeded depreciation reported on the income statement by 120‚000. This difference will reverse in equal amounts of 30‚000 over the years 2011-2014. B. Interest received on municipal bonds was 10‚000. C. Rent collected in advance on Jan 1 2010 totaled 60‚000 for a 3 year period. Of this amount 40‚000 was reported as unearned at Dec 31 for book purposes. D. The tax rates are 40% for
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Alpha Corporation hires a subject matter expert at a salary of Rs 5‚000 per month including benefits. The subject matter expert is non-billable and is expected to help engineers with resolving their technical queries as well as assist them in development of new technology. The subject matter expert was hired on 1st of February and today is 1st of March of the same year. You have just paid him his salary. What accounts will this transaction impact? Answer : Engineers cash account increases and
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Was life in an American city better or worse than life on the farm for the average American?" Substantiate your answer with facts/examples. (Ch. 18) Does it really make a difference where you live? Is there any change in people’s lives if they live in the city or the country? With no pun intended‚ this is a chicken and egg question – do urban and rural residents choose where they want to live based on their lifestyle preferences or do lifestyles change because of the environment? The word Rural"
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Better Safe than Sorry You should be cautious—if you are not‚ you may regret it. It is wise to be careful and protect yourself against any risk rather than be careless. Cautiousness is indeed a must in every actions and decisions we make in our everyday living. We must always think twice before making decisions that might bring back a big change in our lives. Generally speaking‚ most of the times people tend to be careless. Some people‚ especially the young‚ act with reckless attitude regardless
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