Reference no: EM131066854
1. Consider the following information for Ball crop.
|
Selling and administrative expense
|
$50,000
|
|
|
Depreciation expense
|
80,000
|
|
Sales
|
400,000
|
|
Interest expense
|
30,000
|
|
|
Cost of goods sold
|
150,000
|
|
|
Taxes
|
18,550
|
| |
|
|
What is the operating profit for Ball Crop.?
a. $71,450
b. $90,000
c. $120,000
d. none of the above
2. Allen Lumber Company had earning after taxes of $580,000 in the year 2006 with 400,000 shares outstanding. On January 1, 2007 the firm issued $35,000 new shares. Because of the proceeds from these new shares and other operating improvement,2007 earning was 25 percent higher than in 2006. Earning per share for the year 2007 was.
a. $1.67
b. $1.45
c. approximately $1.81
d. none of the above
3. GS Cookie Co. forecast cash receipt or January and February of $9,000 and $10,000, respectively. Cash payment of $4,000 and $ 55,00 are expected in these two months. GS cookie's Cash balance at the beginning of January was $5,000 a level that it attempts to maintain. At the beginning of the year. GS Cookie has a $13,000 balance Outstanding on its line of credit at the local bank. Based on its cash budget, how much of the line of credit can GS Cookie repay by the end of February ?
a. $10,000
b. $9,000
c. $4,000
d. None GS Cookie must increase borrowings.
4. A firm's long term assets =$75,000, total assets = $200,000, inventory =$25,000 and current liabilities =$50,000
a. Current ratio =0.5;quick ratio= 1.5
b. Current ratio=1.0; quick ratio= 2.0
c. Current ratio= 1.5;quick ratio= 2.0
d. Current ratio= 2.5; quick ratio= 2.0
|
How many formula units
: 1.) How many formula units are in 1 mole of (NH4)2SO4? 2.) How many moles are in 8.5 x 1026 molecules of CO2?
|
|
Difference in physical property
: Ethanol, C2H5OH, and carbon dioxide, CO2, have approximatelythe same molecular weight, yet carbon dioxide is a gas at STP andethanol is a liquid. How do you account for this difference in physical property?
|
|
What is that small molarity
: What is that small molarity (M) of the free Ca2+ at the end point of the titration? The pK'f for this reaction at pH = 11.00 is 10.59.
|
|
Correct molarity of solution
: Before performing an analysis of calcium in a powdered cement sample with an EDTA titration, the EDTA must be standardized. A 50.0 mL known solution of 5.67 x 10-3 M Ca2+(aq) required 38.10 mL of an unknown EDTA solution to reach its end point. Ba..
|
|
What is the operating profit for ball crop
: Allen Lumber Company had earning after taxes of $580,000 in the year 2006 with 400,000 shares outstanding. On January 1, 2007 the firm issued $35,000 new shares. Because of the proceeds from these new shares and other operating improvement,2007 ea..
|
|
Calculate molar mass of the non-electrolyte
: FP of pure cyclohexane = 6.4C, FP of the non-electrolyte in cyclohexane = 2.9C If Kfp for cyclohexane = -20C/m, calculate the molar mass of the non-electrolyte. Please show how to do it (decent handwriting and organization is appreciated if written o..
|
|
What is the probability that for a randomly chosen customer
: what is the probability that for a randomly chosen customer
|
|
Explain varied forces of implications for change resistance
: Critically analyse and evaluate the type of change that was initiated by the CEO of Australian coal mine. As a change agent, decide which theory of change and leadership theory, car be adopted to drive success in the case situation.
|
|
Problem regarding the original starting position
: A boat leaves the dock and sails in a direction of 70°. Once reaching this destination on the opposite shore, it sails in a direction of 270° and docks 140 km due north of its original starting position.
|