Dexter Industries purchased packaging equipment on January 8 for $98,000. The equipment was expected to have...

Dexter Industries purchased packaging equipment on January 8 for $98,000. The equipment was expected to have a useful life of three years, or 20,000 operating hours, and a residual value of $6,000. The equipment was used for 8,980 hours during Year 1, 6,930 hours in Year 2, and 4,090 hours in Year 3. Required: 1. Determine the amount of depreciation expense for the three years ended December 31 by (a) the straight-line method, (b) the units-of-activity method, and (c) the...

The following questions refer to a situation in which you are riding in a car that...

The following questions refer to a situation in which you are riding in a car that crashes into a solid wall. The car comes to a complete stop without bouncing back. The car has a mass of 1500 kg and has a speed of 30 m/s before the crash (this is about 65 mi/hr).   Case I. You remain buckled into the seat and the seat remains attached to the center of the car. Case II. You are not buckled into...

18.4#1 Consider the following half-reactions: Half-reaction E° (V) Ag+(aq) + e----> Ag(s) 0.799V Cd2+(aq) + 2e-...

18.4#1 Consider the following half-reactions: Half-reaction E° (V) Ag+(aq) + e----> Ag(s) 0.799V Cd2+(aq) + 2e- ----> Cd(s) -0.403V Mg2+(aq) + 2e-  ---->  Mg(s) -2.370V The strongest oxidizing agent is: ___ The weakest oxidizing agent is: ___ The weakest reducing agent is: ___ The strongest reducing agent is: ___ Will Mg2+(aq) reduce Ag+(aq) to Ag(s)? _____(yes or no) Which species can be reduced by Cd(s)? If none, leave box blank.

Regarding the Subprime Mortgage Crisis that created the Great Recession of 2008, Examine prior government policies...

Regarding the Subprime Mortgage Crisis that created the Great Recession of 2008, Examine prior government policies and legislation that might have exacerbated the impact of the shocks. Also, discuss government actions/regulations that might be undertaken, and/or have been undertaken, to moderate the effects of extreme economic fluctuations. Thank you.

Alliance, Inc. produces tables (sales of 200,000 units per year) and chairs (sales of 25,000 units...

Alliance, Inc. produces tables (sales of 200,000 units per year) and chairs (sales of 25,000 units per year). If Alliance switches from traditional costing to activity-based costing, what is the likely effect on overhead assigned to the two products? need unique answer

Problem 8-1 From the accounting records of Hauck Company:                                 &nbs

Problem 8-1 From the accounting records of Hauck Company:                                                                         2017                       2018                       2019 Beginning Inventory                                       $5,400                       B                              D       Net Purchases                                                   A                       44,850                   52,100 Ending Inventory                                             7,100                        C                         9,700                 Cost of Goods Sold                        41,500                   45,300                        E Calculate the missing amounts. Write out all steps in your calculations and label each number. Beginning Inventory + Purchases = Cost of Goods Available - Cost of goods sold = Ending Inventory

Which of the following lenses or mirrors can be used to produce a image of the...

Which of the following lenses or mirrors can be used to produce a image of the same size? Question 13 options: concave mirror convex lens convex mirror concave lens flat mirror.

State whether each of the following characteristics is a signal or an index. a. Ethnicity b....

State whether each of the following characteristics is a signal or an index. a. Ethnicity b. Economics Degree c. Wearing a tie to an interview d. Height

PLEASE SHOW WORK AND EXPLAIN! NASA builds a raft made of styrofoam that can just support...

PLEASE SHOW WORK AND EXPLAIN! NASA builds a raft made of styrofoam that can just support the weight of three astronauts without submerging. The weight of each astronaut is 733 N. Neglecting the weight of the raft itself, which is very light, what is the volume of the raft? (a)   0.11 m3 (b)   0.22 m3 (c)   0.44 m3 (d)   1.20 m3 (e)   1.50 m3 QUESTION 40** The raft is now transported to Mars. After being loaded with the same three astronauts in the Mars colony...

Problem 8-4 Mitchell and O’Brien, CPAs, PC, earned $135,000 in revenue from providing tax return preparation...

Problem 8-4 Mitchell and O’Brien, CPAs, PC, earned $135,000 in revenue from providing tax return preparation services to businesses and individuals. All services are provided on account. To encourage prompt payment, the firm uses credit terms of 3/10, n/30 when billing clients. Required: 1.            Prepare the journal entry to record revenues under the gross method. 2.            Prepare the journal entry to record collection of the accounts receivable, assuming clients pay within the 10-day discount period. 3.            Prepare the journal entry...

The net weight of a bag of flour is guaranteed to be 5 pounds with a...

The net weight of a bag of flour is guaranteed to be 5 pounds with a standard deviation of 0.05 pounds. You are concerned that the actual weight is less. To test for this, you sample 25 bags. Carefully state the null and alternative hypothesis in this situation. Determine a critical value such that the size of the test does not exceed 5%. Finding the average weight of the 25 bags to be 4.7 pounds, can you reject the null...

Statement of Income Additional Data Sales $800,000 Decrease in accounts payable $30,000 Cost of sales 400,000...

Statement of Income Additional Data Sales $800,000 Decrease in accounts payable $30,000 Cost of sales 400,000 Proceeds from the sale of land 40,000 Gross profit 400,000 Increase in inventory 40,000 Cash operating expenses 100,000 Decrease in accounts receivable 5,000 Depreciation 40,000 Loss on sale of land 20,000 Net income $240,000 Using the indirect method, the net cash flow from operating activities was A $365,000. B $300,000. C $235,000. D $240,000.

You can arrive at this rate by calculating the arithmetic mean average of a series of...

You can arrive at this rate by calculating the arithmetic mean average of a series of historical returns (rates). a. the real rate b. the nominal rate c. the required rate d the expected rate e risk free rate

Pierre, a cash basis, unmarried taxpayer, had $2,480 of state income tax withheld during 2018. Also...

Pierre, a cash basis, unmarried taxpayer, had $2,480 of state income tax withheld during 2018. Also in 2018, Pierre paid $620 that was due when he filed his 2017 state income tax return and made estimated payments of $1,736 towards his 2018 state income tax liability. When Pierre files his 2018 Federal income tax return in April 2019, he elects to itemize deductions, which amount to $15,200, including the state income tax payments and withholdings, all of which reduce his...

To increase the rotational inertia of a solid disk about its axis without changing its mass:...

To increase the rotational inertia of a solid disk about its axis without changing its mass: A. drill holes at points on a circle near the rim and put the material at points between the B. drill holes at points on a circle near the axis and put the material at points between the holes C. drill holes near the rim and put the material near the axis D. drill holes near the axis and put the material near the...

Question 1: True, False or uncertain (16 marks) Explain whether each of the following statement is...

Question 1: True, False or uncertain Explain whether each of the following statement is true, false or uncertain. Start your answer by selecting one of the three statements – “True”, “False” and “Uncertain” and then provide arguments to justify your selection (be brief and concise in less than 100 words). You need to make assumption clear, reasonable and explicit if making any. The quality and logic of arguments determine your marks. (4 marks each) If the lockdown measure due to...

1. What is the order you follow to assess the GI tract? Include percussion, auscultation and...

1. What is the order you follow to assess the GI tract? Include percussion, auscultation and observation. 2. What is the order you follow to assess the GI tract? Include percussion, auscultation and observation. 3. What type of assessment questions can you ask to ensure your patient is safe to ambulate or make a transfer? 4. If your patient requires assistance for mobility and transfers, how do you ensure their safety?

Find the operating cash flow for the year for Harper? Brothers, Inc. if it had sales...

Find the operating cash flow for the year for Harper? Brothers, Inc. if it had sales revenue of $311,900,000?, cost of goods sold of $147,600,000?, sales and administrative costs of $40,400,000?, depreciation expense of $68,400,000?, and a tax rate of 40%.

Scenario Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities...

Scenario Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities 1. + + + 2. + + - 3. + - + 4. + - - 5. - + + 6. - + - 7. - - + 8. - - - Based on the chart above which company profile will be fit the cash flow pattern for scenario 2? A Successful, but actively relocating using financing from operations with cash from creditors and...

The market demand (MPB) and supply (MPC) for vaccinations ( Q) are given by the following...

The market demand (MPB) and supply (MPC) for vaccinations ( Q) are given by the following expressions: MPB ( Q ) = 12 − 1/4 Q MPC ( Q ) = 1/4 Q Assume no externalities arise from the production of the private good. The consumption of the private good does result in a positive externality in the form of health benefits. Assume that the health benefits are directly proportional to the amount of consumed. The total external benefit from...