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Problem 1:
Basic Elements of Financial Reports Comparative income statements for Grammar Inc. arc as follows:
Required
The president and management believe that the company performed better in 2012 than it did in 2011. Write the president's letter to be included in the 2012 annual report. Explain why the company is financially sound and why shareholders should not be alarmed by the $20,000 loss in a year when operating revenues increased significantly.
Problem 2:
Comparing The Coca-Cola Company and PepsiCo
The current items, listed in alphabetical order, are taken from the consolidated balance sheets of The Coca-Cola Company as of December 31, 2010, and PepsiCo as of December 25, 2010. (All amounts arc in millions of dollars.)
Required1. Compute working capital and the current ratio for both companies.2. On the basis of your answers to (1), which company appears to be more liquid?3. Other factors affect a company's liquidity besides working capital and current ratio. Corn-ment on the composition of each company's current assets and ways this composition affecy liquidity.
A heavy rope, 30 ft long, weighs 0.6 lb/ft and hangs over the edge of a building 70 ft high. How much work W is done in pulling half the rope to the top of the building?
Paul makes $25.00 a week less than the sum of what Fred and Carl together make. Carl's weekly income would be triple Steven's if he made $50.00 more a week. Paul makes $285.00 a week and Steven makes $75.00 a week. How much does Fred makE?
Describe the euclidean algorithm applied to two consecutive Fibonacci numbers. Use your description to show that the euclidean algorithm can last arbitrarily many steps. So what can we say about how long does the euclidean algorithm last?
If a body of a mass m starting from rest is given a constant acceleration of a,then after time t,its velocity is v=at and its kinetic energy is E=1/2mv^2. If a mass of 0.5 tonne starting from rest is given a constant acceleration of 2.0 m/s^2, fin..
Law of sines.
The demand for a certain product is 2x + 5p = 60, where p is the unit price and x is the quantity demanded of the product. Find the elasticity of demand when p = 6.
An airplane is flying at an elevation of 5150 ft, directly above a straight highway. Two motorists are driving cars on the highway on opposite sides of the plane, and the angle of depression to one car is 32° and to the other is 54°. How far apart..
Eleven customers at a supermarket are asked independently if they use brand X laundry soap. In general, 25% of the population use this brand. What is the probability that among the eleven, more than two people use brand X? (Round your answer to 4 ..
a farmer wants to fence off land along a river into five equal areas by using on section of fence parallel to the river and six sections perpendicular to it. what should the dimensions be to maximize the total area using 1200 feet of fence?
A large cube is 2 feet on each edge. How many cubes - one inch on each edge- will it take to fill the large cube? If the base of a triangle is increased by 20% and the altitude to that base is decreased by 40% then by what percent is the area chang..
Similarly, one additional unit will be occupied for each 7 dollar decrease in rent. What rent should the manager charge to maximize revenue?
Graph triangle WXY on a separate piece of paper. How many lines of symmetry does Triangle WXY have?
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