OC userin Accounting·29 Oct 2017EXERCISE 15-12 Selected Financial Measures for Assessing Liquidity (L015-2] Norsk Optronics, ALS, of Bergen, Norway, had a current ratio of 2.5 on June 30 of the current year. On that date, the company's assets were: Cash ......... ..... Accounts receivable, net ........... Inventory .. Prepaid expenses..................... Plant and equipment, net .............. Total assets $ 90,000 260,000 490,000 10,000 800,000 $1,650,000 Required: 1. What was the company's working capital on June 302 2. What was the company's acid-test ratio on June 302 3. The company paid an account payable of $40,000 immediately after June 30. a. What effect did this transaction have on working capital? Show computations b. What effect did this transaction have on the current ratio? Show computations
OC userin Chemistry·29 Oct 2017113. In this chapter we have seen a number of reactions in which a single reactant forms products. For example, consider the fol lowing first-order reaction: CH3NC(g) -CH,CN(g) However, we also learned that gas-phase reactions occur through collisions. a. One possible explanation for how this reaction occurs is that two molecules of CH3NC collide with each other and form two molecules of the product in a single elementary step. If that were the case, what reaction order would you expect? b. Another possibility is that the reaction occurs through more than one step. For example, a possible mechanism involves one step in which the two CH3NC molecules collide, result- ing in the "activation" of one of them. In a second step, the activated molecule goes on to form the product. Write down this mechanism and determine which step must be rate determining in order for the kinetics of the reaction to be first order. Show explicitly how the mechanism predicts first order kinetics.
OC userin Accounting·27 Oct 2017PROBLEM 12-19 Dropping or Retaining a Segment [L012-2] Jackson County Senior Services is a nonprofit organization devoted to providing essential ser- vices to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors-home nursing, Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Home Nursing Meals On Wheels House- keeping Total $900,000 490,000 410,000 $260,000 120.000 140,000 $400,000 210,000 190,000 $240,000 160,000 80,000 Revenues ..... Variable expenses ............ Contribution margin ..... Fixed expenses: Depreciation ..... Liability insurance....... .. Program administrators' salaries ... General administrative overhead" ...... Total fixed expenses ........ ...... Net operating income (loss) ............. "Allocated on the basis of program revenues. 68,000 42,000 115,000 180.000 8,000 20,000 40.000 52.000 40,000 7,000 38,000 80,000 165,000 $ 25,000 20.000 15,000 37,000 48,000 120,000 $140,000 405,000 $ 5,000 120,000 $ 20,000 The head administrator of Jackson County Senior Services, Judith Miyama, is concerned about the organization's finances and considers the net operating income of $5,000 last year to be razor-thin. (Last year's results were very similar to the results for previous years and are represen- tative of what would be expected in the future.) She feels that the organization should be building its financial reserves at a more rapid rate in order to prepare for the next inevitable recession. After seeing the above report, Ms. Miyama asked for more information about the financial advisability of perhaps discontinuing the housekeeping program. The depreciation in housekeeping is for a small van that is used to carry the housekeepers and their equipment from job to job. If the program were discontinued, the van would be donated to a charitable organization. None of the general administrative overhead would be avoided if the housekeeping program were dropped, but the liability insurance and the salary of the program administrator would be avoided. Required: 1. Should the Housekeeping program be discontinued? Explain. Show computations to support your answer. 2. Recast the above data in a format that would be more useful to management in assessing the long-run financial viability of the various services.
OC userin Physics·27 Oct 201770. Calculate the equilibrium constant for the reaction between Fe2+(aq) and Zn(s) (at 25 °C).
OC userin Chemistry·26 Oct 201781. A concentration cell consists of two Sn/Sn2+ half-cells. The cell has a potential of 0.10 V at 25°C. What is the ratio of the Sn2+ concentrations in the two half-cells?
OC userin Chemistry·28 Oct 2017107. Carbon-12 contains six protons and six neutrons. The radius of the nucleus is approximately 2.7 fm (femtometers) and the ra- dius of the atom is approximately 70 pm (picometers). Calcu. late the volume of the nucleus and the volume of the atom. What percentage of the carbon atom's volume is occupied by the nucleus? (Assume two significant figures.)
OC userin Physics·26 Oct 201796. The ratio of sulfur to oxygen by mass in SO2 is 1.0:1.0. a. Find the ratio of sulfur to oxygen by mass in SO3. b. Find the ratio of sulfur to oxygen by mass in S.O.
OC userin Accounting·26 Oct 2017EXERCISE 2-13 Traditional and Contribution Format Income Statements [LO2-6] The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount $150,000 $750 $50 Total sales revenue .............. Selling price per pair of skis ...... Variable selling expense per pair of skis ........ Variable administrative expense per pair of skis Total fixed selling expense. Total fixed administrative expense .... Beginning merchandise inventory Ending merchandise inventory ...... Merchandise purchases ... $10 $20,000 $20,000 $30,000 $40,000 $100,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution toward fixed expenses and profits for each pair of skis sold during the quarter? (State this figure in a single dollar amount per pair of skis.)