Suppose Gulf Shipping Company has the following results related to cash flows for 2019:
Net Income of $7,800,000
Decrease in Accounts Payable of $300,000
Increase in Accounts Receivable of $800,000
Depreciation of $1,200,000
Increase in Inventory of $900,000
Other Adjustments from Operating Activities of $700,000
Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow from Operating Activities?
Note: Financial results are provided in dollars but the income statement units are thousands of dollars.
Please specify your answer in the same units as the statement of cash flows (i.e., enter the number from your completed statement of cash flows).

Answers

Answer 1

Answer:

$7,700

Explanation:

                 Cash Flow from Operating Activities

Particulars                                                                Amount

Net Income                                                               $7,800

Add: Depreciation                                                    $1,200

Add: Other adjustments                                           $700  

Cash flow before working capital adjustments   $9,700

Less: Decrease in Accounts payable                      ($300)

Increase in Accounts receivable                             ($800)  

Increase in Inventory                                                ($900)

Net Cash flow from Operating activities               $7,700


Related Questions

Match each example to the appropriate term.

a. Trees used to make paper
1. Human capital
2. Technological knowledge
3. Physical capital

b. A printing press used to make books.
1. Human capital
2. Technological knowledge
3. Physical capital

c. A method of organizing workers to increase production per hour.
1. Human capital
2. Technological knowledge
3. Physical capital

d. The skills workers learn during a training session.
1. Human capital
2. Technological knowledge
3. Physical capital

Answers

Answer:

a equals 3

b equals 3

c equals 1

d equals 2

what is the marketing?

Answers

Explanation:

the action or business of promoting and selling products or services, including market research and advertising.

Which of the following statements about the monetary aggregates is true?

a. The growth rates of M1 and M2 always track each other closely.
b. M1 is greater than M2.
c. When the growth rate of M2 increases, the growth rate of M1 must also increase.
d. When you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same.

Given​ that, in billions of U.S.​ dollars, we have in​ currency, in demand​ deposits, in​ traveler's checks, in savings​ deposits, and in other checkable deposits. The total M1 amount in this economy is ​$__________

Answers

Answer: D. When you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same.

Explanation:

1. Since M2 = M1 + Saving deposit + Time deposits + Money Market deposit of individuals, then from the options given, the true statement about the monetary aggregate is that when you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same. Therefore, the fire option is D.

2. Your second question isn't well written but let's assume some figures in order to solve the question.

Let's say,

Currency = $863.2 billion

Demand deposit = $573.5 billion

Traveler's cheque = $3.8 billion

Savings deposit = $5237.8

Other checkable deposit = $319

Therefore, the total M1 amount in this economy will be:

M1 = Currency + Demand deposit + Travelers check + Other checkable deposits

= 863.2 + 573.5 + 3.8 + 319

= $1759.5 billion

Increased demand for bonds tends to reduce the yield from holding bonds.

Answers

Answer:

Bonds have an inverse relationship to interest rates. When the cost of borrowing money rises (when interest rates rise), bond prices usually fall, and vice-versa.

At first glance, the negative correlation between interest rates and bond prices seems somewhat illogical. However, upon closer examination, it actually begins to make good sense.

Fruit boat company manufacturers 10 fruit themed boats per month. A navigation system is included in each boat. Fruit Boat COmpany manufacturers the navigation system in-house but is considering the possiblity of outsourcing thsi function. At present, the variable cost per unit is $300, and the fixed costs are $39,000 per month. If it outsources the naviagation system, fxed costs could be reduced by half, and the vacant facilitiescould be rented out to earn 400 per month of rental income. What is the maximum contract cost that Fruit Boat Company should pay for outsourcing?

a. any cost lower than $3900 per unit
b. any cost lower than $2325 per unit
c. any cost lower than $2225 per unit
d. any cost lower than $275 per unit

Answers

Answer:

the cost should be lower than $2,650 per unit

Explanation:

The computation of the maximum contract cost should pay for outsourcing should be

Variable cost $300

Avoidable Fixed cost per unit (19,500÷ 10) 1,950

Opportunity cost (400 ÷ 10) 400

Total 2,650

Hence, the cost should be lower than $2,650 per unit

This is the answer but the same is not provided in the given options

While preparing your risk responses, you identify additional risks. What should you do? Add reserves to the project to accommodate the new risks and notify management. Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences. Determine the risk events and the associated costs, then add the cost to the project budget as a reserve. Add 10 percent contingency to the project budget and notify the customer

Answers

Answer: Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences.

Explanation:

Risk response refers to the development of strategic options to reduce the threats and enhance opportunities to the objectives of the project.

It should be noted that when new risks are identified, such risks go through the process of risk management and one needs to be able to know the risk probability and risk impact and then get to curtail them.

16. List five benefits of therapeutic massage

Answers

Stress relief, anxiety reduction, improved sleep quality, reduced muscle pain, muscle soreness, range of motion-flexibility, helps with immunity and inflammation.

An entrepreneur purchased an existing bicycle shop that had between 13000

Answers

Answer:

Write the full question a so I can answer?

The total factory overhead for Norton Company is budgeted for the year at $300,000, divided into three activities: assembly, $200,000; setup, $50,000; and materials handling, $150,000. Norton manufactures two products: Product A and Product B. The activity-based usage quantities for each product by each activity are estimated as follows:
Assembly Setup Materials Handling
Product A 5,000 dlh 60,setups 25 moves
Product B 15,000 dlh 110 setups 250 moves
Total activity- 20,000 dlh 170setups 275 moves
base usage
Determine the activity rate for the set up activity.
a. $166 per setup
b. $294 per setup
c. $1,764 per setup
d. $118 per setup

Answers

Answer:

b. $294 per setup

Explanation:

The computation of the activity rate for the setup activity is given below:

Activity Rate is

= Total Activity Cost ÷ Cost Driver

Activity Rate for Setup Activity is

= $50,000 ÷ 170

= $294 per Setup

hence, the activity rate for the setup activity is $294

Therefore the option b is correct

Determine the tax basis of the business asset acquired in each of the following cases:
Required:
a. Firm L paid $5,950 cash plus $416 sales tax plus a $500 installation charge for a satellite dish.
b. TTP Inc. acquired inventory in exchange for 800 shares of TTP common stock listed on Nasdaq at $212 per share on the date of exchange.
c. Firm Q acquired machinery in exchange for architectural drawings rendered by Firm’s Q’s junior partner. The partner spent 20 hours on the drawings, and his hourly billing rate is $350.
d. Company C purchased equipment by paying $2,000 cash at date of purchase and financing the $18,000 balance of the price under a three-year deferred payment plan.

Answers

Answer:

a. A Cost basis is best:

= Every cost necessary to set up and use the satellite dish:

= Purchase price + Sales tax  + Installation tax

= 5,950 + 416 + 500

= $6,866

b. Here the best basis to use is the Fair Market Value of the stock that was exchanged for the inventory:

= (800 * 212)

= $169,600

c. Use Fair Market Value of services rendered by junior partner:

= 20 * 350

= $7,000

d. Use the total payment requirement:

= Cost at purchase date + Balance to be paid

= 2,000 + 18,000

= $20,000

It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing $10,000,000 in bonds. Assume the bonds are issued at face value and leverage changes to 2.7. Which of the following statements are true?

a. Total liabilities will be $132,709,346
b. The total investment for Baldwin will be $12,728,474
c. Working capital will remain the same at $12,936,641
d. Baldwin's long term debt will rise by $10,000,000
e. Total assets will rise to $212,378,526

Answers

Answer:

b.The total investment for Baldwin will be $12,728,474

You would like to have enough money saved to receive a $50,000 per year in perpetuity after retirement. How much would you need to have saved in your retirement fund to achieve this goal? (Assume that the perpetuity payments start on the day of your retirement. The annual interest rate is 8%.)

Answers

Answer:

$625,000

Explanation:

Calculation to determine How much would you need to have saved in your retirement fund to achieve this goal

Using perpetuity equation

PV=C/r

Where,

C=Perpetuity after retirement

r=Annual interest rate

Let plug in the formula

PV = (50,000/0.08)

PV= $625,000

Therefore How much would you need to have saved in your retirement fund to achieve this goal will be $625,000

Operating Leverage
Haywood Co. reports the following data:
Sales $6,160,000
Variable costs (4,620,000)
Contribution margin $1,540,000
Fixed costs (440,000)
Operating income $1,100,000
Determine Haywood Co.’s operating leverage. Round your answer to one decimal place.

Answers

Answer:

Degree of operating leverage= 1.4

Explanation:

Giving the following information:

Sales $6,160,000

Variable costs (4,620,000)

Contribution margin $1,540,000

Fixed costs (440,000)

Operating income $1,100,000

To calculate the degree of operating leverage, we need to use the following formula:

degree of operating leverage= Total contribution margin / operating income

degree of operating leverage= 1,540,000 / 1,100,000

degree of operating leverage= 1.4

Complete the following table:
Exhibit 15-1 Disposable income and consumption data Income (Y) Change in Disposable Income Consumption (C) 0 500 1,000 1,000 1,400 2,000 1,000 2,200 3,000 1,000 2,900 4,000 1,000 3,500 5,000 1,000 4,000 In Exhibit 15-1, when disposable income is increased from $2,000 to $3,000 to $4,000,

Answers

Answer: e. the marginal propensity to consume decreases from 0.7 to 0.6

Explanation:

Calculate the marginal propensity to consumer when the disposable income is increased from $2,000 to $3,000 to $4,000.

The Marginal propensity to consume is calculated by the formula:

= Change in consumption / Change in income

When disposable income increased from $2,000 to $3,000.

= (2,900 - 2,200) / (3,000 - 2,000)

= 0.7

When disposable income increased from $2,000 to $3,000.

= (3,500 - 2,900) / (4,000 - 3,000)

= 0.6

The marginal propensity to consume decreased from 0.7 to 0.6.

Áp dụng một trong các phương pháp quản trị chất lượng để phân tích thực trạng công tác quản trị chất lượng tại một tổ chức/doanh nghiệp cụ thể.

Answers

Answer:

Bench marking and Continuous improvement.

Explanation:

Quality management is essential for any business. It is necessary to inspect quality of goods before they are sold to customers so that faulty products are identified at an earlier stage. There are various quality management techniques which are used by businesses. Kaizen, Six sigma, and zero defect programs are various total quality management techniques. There should be strict inspection of finished goods before they are dispatched to the customers.

1. Costs that do not change with the change in the level of production for some time is classified as ________.
a. variable costs.
b. fixed costs.
c. mixed costs.
d. none of these choices are correct.
2. Under variable costing, the cost of goods manufactured consists of all except:_____.
a. direct materials.
b. direct labor.
c. variable factory overhead.
d. fixed factory overhead.
3. Costs that have characteristics of both a variable cost and a fixed cost are classified as ________.
a. variable costs.
b. fixed costs.
c. mixed costs.
d. none of these choices are correct.

Answers

Answer:

1. b. fixed costs.

2. d. fixed factory overhead.

3. c. mixed costs.

Explanation:

Costs are usually classified as fixed and variable cost. Fixed cost are cost that don not vary with the level of activities (usually expressed as units of production or sales) of an organization.

Variable cost on the other hand are cost that varies with the level of activity. A combination of these cost is called mixed cost.

Under variable costing, all cost are dependent on activity level hence are not fixed.

On January 1, 2021, Doyle Corporation had 140,000 shares of its $5 par value common stock outstanding. On December 1, when the market price of the stock was $15, the corporation declared a 40% stock dividend to be issued to stockholders of record on December 16, 2021. What was the impact of the 40% stock dividend on the balance of the retained earnings account

Answers

Answer: Retained earnings would reduce by the $840,000 dividend.

Explanation:

Stock dividends to the shareholders is to be paid from the retained earnings of the company as it represents profits that the shareholders get because they are owners in the company.

Retained earnings spent = Number of shares * Market price * Stock dividend

= 140,000 * 15 * 40%

= $840,000

Retained earnings would reduce by the $840,000 dividend.

what are the activities of Facility Management?

Answers

Answer:

Managing a facility

Explanation:

Economic efficiency requires that a natural monopoly's price be: Select one: A. equal to marginal cost where it intersects the demand curve B. equal to the lowest price the firm can charge and still make a normal profit C. equal to average variable cost where it intersects the demand curve D. equal to average total cost where it intersects the demand curve.

Answers

Answer: A. equal to marginal cost where it intersects the demand curve

Explanation:

In a pure competition, the market is efficient because it balances demand and supply and gives an equilibrium price that takes both of them into account.

In this market, the price is equal to the marginal revenue of a firm and the profit maximizing level of production is where the marginal revenue intersects the marginal cost.

The efficient level is therefore where price equals marginal cost. The same goes for a natural monopoly. If economic efficiency is to be achieved, the natural monopoly's price must equal the marginal cost at the equilibrium price.

CONCILIACIONES BANCARIAS

Answers

Answer:

ehejejeuywnfwwjwjwhwjegegjshshstehshstejeheteyejuw7yo was a member in its first two seasons of its own and the first team in its history to win the world series 65in 2of 2in 3733333inches the world cup is in its second season as a team that

Garden Variety Flower Shop uses 500 clay pots a month. The pots are purchased at $3 each. Annual holding costs per pot are estimated to be 25 percent of a pot's purchase price, and ordering costs are $25 per order. The manager has been using an order size of 1,500 flower pots.

a. What additional annual cost is the shop incurring by staying with this order size?
b. Other than cost savings, what benefit would using the optimal order quantity yield (relative to the order size of 1,500)?

Answers

Solution :

The data for the Garden Variety Flower shop is :

Monthly demand, d = 500 clay pots

Annual demand, D = 500 x 12

                                = 6000 clays

Price, p = $ 3.00 each

Annual carrying cost, h = 25% of price

                                      [tex]$=\frac{25}{100} \times 3$[/tex]

                                     = $0.75

Ordering cost, S = $ 25 per order

a). The optimal order quantity, EOQ

[tex]$EOQ=\sqrt{\frac{2DS}{h}}$[/tex]

        [tex]$=\sqrt{\frac{2\times 6000 \times 25}{0.75}}$[/tex]

        [tex]$=\sqrt{\frac{300000}{0.75}}$[/tex]

       = 632.45

       ≈ 633

So, the optimal order quantity is 633 clay pots.

Therefore, the annual cost for optimal order quantity 633 clay pots,

[tex]$\text{Total annual cost}_1=\left(\frac{D}{Q} \times S \right) + \left(\frac{D}{2} \times h \right)$[/tex]   [tex]$\text{Total annual cost}_1=\left(\frac{6000}{633} \times 25 \right) + \left(\frac{633}{2} \times 0.75 \right)$[/tex]

                               = 236.96 + 237.37

                               = 474.33

Now calculating the total annual cost for the optimal order quantity 1500 flower pots, as shown below:

[tex]$\text{Total annual cost}_2=\left(\frac{D}{Q} \times S \right) + \left(\frac{D}{2} \times h \right)$[/tex]

[tex]$\text{Total annual cost}_2=\left(\frac{6000}{1500} \times 25 \right) + \left(\frac{1500}{2} \times 0.75 \right)$[/tex]

                              = 100 + 562.5

                              = 662.5

Calculating the additional annual cost of the shipping is incurring by staying with the order size, i.e. 1500 flower pots as given below:

Extra cost = [tex]$\text{total annual cost}_2 - \text{total annual cost}_1 $[/tex]

                 = 662.5 - 474.3

                 = 188.2

So, the [tex]\text{additional annual cost}[/tex] is the shop [tex]\text{incurring}[/tex] by staying with this order size is 188.2

b). Calculating the average inventory level of the [tex]\text{optimal order quantity}[/tex] 1500 flowers plots :

Average inventory = Q/2

                               [tex]$=\frac{1500}{2}$[/tex]

                              = 750

Calculating the average percentage of the storage space :

[tex]$\text{Percentage of storage space} = \frac{\text{Extra cost}}{\text{average inventory}}\times 100$[/tex]

                                           [tex]$=\frac{188.2}{750} \times 100$[/tex]

                                           = 0.250 x 100

                                           = 25 %

So, the benefit would be using the [tex]\text{optimal order quantity}[/tex] yield, i.e. 1500 flower plots is 25%.

he preemptive right is important to shareholders because it a. protects bondholders, and thus enables the firm to issue debt with a relatively low interest rate. b. allows managers to buy additional shares below the current market price. c. protects the current shareholders against a dilution of their ownership interests. d. is included in every corporate charter.

Answers

Answer:

c. protects the current shareholders against a dilution of their ownership interests.

Explanation:

In the case when the preemptive right should be significant for the shareholders so it basically protect the present shareholders that are opposed to the dilution with respective to the ownership interest

Therefore the option c is correct

And, the other options seems wrong

The year 14 interest of a bond is the face line of the bond

Answers

Answer:

yes you are correct okay with you

Which of the following statements is true?

a. Overhead can be applied slowly as a job is worked on.
b. Overhead can be applied when the job is completed.
c. Overhead should be applied to any job not completed at year-end in order to properly value the work in process inventory.

Answers

Answer:

the answer should be

a. Overhead can be applied slowly as a job is worked on.

Answer:

A: overhead can be applied slowly as a job is worked on.

Explanation:

Im pretty sure i already learned that! so trust it!

hope it helps!

if its wrong report my answer!

A company like Motorola might establish a goal of reducing its inventory by 50 percent over the next year. To ensure that it reaches this goal, the company could monitor its progress on a quarterly or monthly basis. If the managers at Motorola discover that there is a danger of not achieving this goal, they can take corrective action to adjust for the deficiency. This is a description of the managers' ____ function.

Answers

Answer:

stfhgocovovohdj vbb

Explanation:

sryyy

A stock has an expected return of 16.1 percent, the risk-free rate is 6.45 percent, and the market risk premium is 7.2 percent. What must the beta of this stock be

Answers

Answer:

the beta of the stock is 1.34

Explanation:

The calculation of the beta of the stock should be

As we know that

Expected rate of return = Risk free rate + beta × market risk premium

16.1 = 6.45% + beta × 7.2%

16.1% - 6.45% = beta × 7.2%

9.65% = beta × 7.2%

So, the beta should be

= 9.65% ÷ 7.2%

= 1.34

Hence, the beta of the stock is 1.34

Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,900 Oct. 31 Goods finished X 31 Direct materials 94,400 31 Direct labor 197,000 31 Factory overhead X Finished Goods Oct. 1 Balance 14,800 31 Goods finished 322,700 If the balance of Work in Process on October 31 is $212,900, what was the amount of factory overhead applied in October? a.$197,000 b.$219,300 c.$434,800 d.$94,400

Answers

Answer:

b.$219,300

Explanation:

The computation of the  amount of factory overhead applied in October is given below:

= Opening balance + direct material + direct labor - ending balance - good finished

= 24,900 + 94,400 + 197,000 - 212,900 - 322,700

= -$219,300

= $219,300

Hence, the option b is correct

An outside supplier offers to provide Epsilon with all the units it needs at $60 per unit. If Epsilon buys from the supplier, the company will still incur 40% of its overhead. Epsilon should choose to: Multiple Choice Buy since the relevant cost to make it is $48. Buy since the relevant cost to make it is $72. Buy since the relevant cost to make it is $56. Make since the relevant cost to make it is $56. Make since the relevant cost to make it is $48.

Answers

Question Completion:

Epsilon Co. can produce a unit of product for the following:

Direct material $8

Direct labor 24

Overhead 40

Total costs per unit $72

Answer:

Epsilon Co.

Epsilon should choose to:

Make since the relevant cost to make it is $56.

Explanation:

a) Data and Calculations:

Direct material           $8

Direct labor                24

Overhead                  40

Total costs per unit $72

Relevant Costs:

                                 Make              Buy

Direct material            $8

Direct labor                 24

Overhead                   24

Total costs per unit $56                $60

b) It costs Epsilon less to make the units than to buy from the outside supplier.  The relevant cost excludes the 40% of the overhead that will still be incurred by Epsilon if it buys from the supplier.  Relevantly, it costs Epsilon $56 per unit to make when compared to the unit cost of $60 to buy.  In absolute terms, it will cost Epsilon $76 ($60 + $16) to buy as against $72 to make a unit of the part.

When a company has established separate manufacturing overhead rates for each department, it is using:_______.
a. departmental overhead rates.
b. cost distortion.
c. a plant-wide overhead rate.
d. lean thinking.

Answers

Answer:

Departmental overhead rates

Department overheard rates

Efficiency in a market is achieved when:_______.
a. a social planner intervenes and sets the quantity of output after evaluating buyers' willingness to pay and sellers' costs.
b. the sum of producer surplus and consumer surplus is maximized.
c. all firms are producing the good at the same low cost per unit.
d. no buyer is willing to pay more than the equilibrium price for any unit of the good.

Answers

Answer:

B. The sum of producer surplus and consumer surplus is maximized.

Other Questions
Choose the correct statements about the ROC curve.A. By plotting the true-positive rate against the false-positive rate for different threshold values, the ROC curve can be used to select the optimal model.B. ROC stands for Receiver Operating Characteristic curve, which was originally developed to detect enemy aircrafts on radar.C. The ROC curve is a useful diagnostic tool for determining the optimal classification model.D. The ROC curve was originally developed to optimize healthcare and detect congestive heart failure readmission rate. Lena is asked to write an explicit formula for the graphed geometric sequence.On a coordinate plane, 3 points are plotted. The points are (1, 1), (2, 2.5), (3, 6.25).What value, written as a decimal, should Lena use as the common ratio A student was given a 2.850-g sample of a mixture of potassium nitrate and potassium bromide and was asked to find the percentage of each compound in the mixture. She dissolved the sample and added a solution that contained an excess of silver nitrate, AgNO3. The silver ion precipitated all of the bromide ion in the mixture as AgBr. It was filtered, dried, and weighed. Its mass was 1.740 g. What was the percentage of each compound in the mixture A silo is built in the shape of a cylinder with a cone for a roof. If the height of thecylinder is 5 m, the radius is 2.8 m and the slant height of the cone is 6,6 m,determine the amount of material needed to create the rounded sides and conicalroof, Round to the nearest tenth of a cubic m. Define population educstion. State any four purpose of including it in school education. 1000 randomly selected Americans were asked if they believed the minimumwage should be raised. 600 said "yes." What is the 99% confidence intervalfor the proportion of Americans who believe that the minimum wage shouldbe raised? Read the scenario.What type of method was used by the traffickers torecruit the girl?A young girl from Ukraine reads an advertisement in alocal newspaper about modeling jobs in Hollywood. Shecalls the number and they tell her that many of theirmodels have gone on to work in movies and TV shows inthe United States. When she arrives at the airport, theypick her up and take her to an apartment. There, they takeher passport and tell her that she must sell sex servicesand give them the money to pay back the cost of herairplane ticket.O offer of educationO payment for smugglingO offer of workfalse love interest Hillyard Company, an office supplies specialty store, prepares its master budget on a quarterly basis. The following data have been assembled to assist in preparing the master budget for the first quarter:a. As of December 31 (the end of the prior quarter), the company's general ledger showed the following account balances:Cash 42,000 Accounts receivable 201,600 Inventory 58,050 Buildings and equipment (net) 352,000 Accounts payable 85,725Common stock 500,000Retained earnings 67,925 653,650 653,650b. Actual sales for December and budgeted sales for the next four months are as follows:December (actual) 252,000January 387,000February 584,000March 298,000April 195,000c. Sales are 20% for cash and 80% on credit. All payments on credit sales are collected in the month following sale. The accounts receivable at December 31 are a result of December credit sales. d. The company's gross margin is 40% of sales. (In other words, cost of goods sold is 60% of sales.)e. Monthly expenses are budgeted as follows: salaries and wages, $17,000 per month; advertising, $57,000 per month; shipping, 5% of sales; other expenses, 3% of sales. Depreciation, including depreciation on new assets acquired during the quarter, will be $42,420 for the quarter.f. Each month's ending inventory should equal 25% of the following month's cost of goods sold.g. One-half of a month's inventory purchases is paid for in the month of purchase; the other half is paid in the following month.h. During February, the company will purchase a new copy machine for $1,200 cash. During March, other equipment will be purchased for cash at a cost of $71,000.i. During January, the company will declare and pay $45,000 in cash dividends.j. Management wants to maintain a minimum cash balance of $30,000. The company has an agreement with a local bank that allows the company to borrow in increments of $1,000 at the beginning of each month. The interest rate on these loans is 1% per month and for simplicity we will assume that interest is not compounded. The company would, as far as it is able, repay the loan plus accumulated interest at the end of the quarter.RequiredUsing the data above, complete the following statements and schedules for the first quarter:1. Schedule of expeted cash collections:Hillyard Company Schedule of Expected Cash Collections January February March QuarterCash sales 77,400 77,400Credit sales 201,600 201,600Total collections 279,000 279,0002-a. Merchandise purchases budget:Hillyard Company Merchandise Purchases Budget January February March QuarterBudgeted cost of goods sold 232,200* 350,400 Add desired ending inventory 87,600 Total needs 319,800 350,400 Less beginning inventory 58,050 Required purchases 261,750 *$387,000 sales x 60% cost ratio = $232,200.$350,400 25% = $87,600.2-b. Schedule of expected cash disbursements for merchandise purchases:Hillyard Company Schedule of Expected Cash Disbursements for Merchandise Purchases January February March QuarterDecember purchases 85,725 January purchases 130,875 130,875 February purchases March purchases Total cash disbursements for purchases 3. Cash budget. (Cash deficiency, repayments and interest should be indicated by a minus sign.)Hillyard Company Cash Budget January February March Quarter Beginning cash balance 42,000 Add cash collections 279,000 Total cash available 321,000 Less cash disbursements: Purchases of inventory 216,600 Selling and administrative expenses 104,960 Purchases of equipment Cash dividends 45,000 Total cash disbursements 366,560 Excess (deficiency) of cash (45,560) Financing: Borrowings Repayments Interest Total financing Ending cash balance 4. Prepare an absorption costing income statement for the quarter ending March 31.Hillyard Company Income Statement For the Quarter Ended March 31Cost of goods sold Selling and administrative expenses: 5. Prepare a balance sheet as of March 31.Hillyard Company Balance Sheet March 31Assets Current assets: Total current assets Total assets Liabilities and Stocholders' Equity Current liabilities Stockholders' equity Total liabilities and stockholders' equity In one of the examples he is working on, he knows that the two coordinates (0,6) and(8, 10) are on the function that he is deriving. Using the information from these twocoordinates, determine the slope and y-intercept of the function Mike is looking for, andthen write out the correct function. . A radio station transmitting at a frequency of 200KH, emits waves of wavelength 1.5 km.the velocity of the radio waves is Question down below thank you PLEASE SOMEONE ANSWER THIS ASAP!!!Given the geometric sequence with the first three terms shown below, answer the following questions.4,-8, 16,...Write the explicit formula for this sequence.What is the 12th term of the sequence?PLEASE ANSWER I HAVE AN IMAGE INCLUDED IF NEEDED !! Gomez argues that we need to increase the nation's output. Chang contends that our top priority should be a more equal distribution of income and output. It can be correctly stated that these two goals are:A. essentially unrelated.B. complementary because the realization of one will promote fulfillment of the other.C. at least partially competing because the redistribution of income might impair incentives to work and produce.D. complementary because a more equal distribution of income always promotes economic growth. What is one condition that must be met for a population to be in genetic equilibrium? What is the capacitive resistance of a 0.04 microfarad capacitor in a AC circuit that has a frequency of 1,000 hertz? A car travels initially at 24 m/s, until it enters the highway. If the car accelerates at 4 m/s^2 for a 96 meters, what is the car's new velocity? this is another question i need hlp with write down any 5 example of conservation of momentum? Which graph represents the equation x2 = 8y? On a coordinate plane, a parabola opens up. It has a vertex at (0, 0), a focus at (0, 8), and a directrix at y = negative 8. On a coordinate plane, a parabola opens up. It has a vertex at (0, 0), a focus at (0, 2), and a directrix at y = negative 2. On a coordinate plane, a parabola opens to the right. It has a vertex at (0, 0), a focus at (2, 0), and a directrix at x = negative 2. On a coordinate plane, a parabola opens to the right. It has a vertex at (0, 0), a focus at (8, 0), and a directrix at x = negative 8. It has been claimed from previous studies that the average diameter of ball bearings from this manufacturing process is 2.30 cm. Based on the sample of 50 that you collected, is there evidence to suggest that the average diameter is greater than 2.30 cm? Perform a hypothesis test for the population mean at alpha = 0.01.a. Define the null and alternative hypotheses in mathematical terms as well as in words. b. Identify the level of significance. c. Include the test statistic and the P-value. d. Provide your conclusion and interpretation of the results. Should the null hypothesis be rejected? Why or why not?Diameters data frame of the first sample (showing only the first five observations) diameters0 3.461 2.642 1.893 2.564 2.09Diameters data frame of the second sample (showing only the first five observations) diameters0 3.101 2.042 2.183 2.604 2.76test-statistic = 2.06two tailed p-value = 0.0394