The following information for the year 2011 is taken from the accounts.docx

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The following information for the year 2011 is taken from the accounts of Thornrose Company. The company uses the periodic inventory method. A)$49,650. B)$27,250. C)$21,075. D)$28,325. Solution Answer: .

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The following information for the year 2011 is taken from the accounts.docx

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The fiscal 2012 financial statements of Barney Services shows average net operating assets (NOA) of $7,416 million, average net nonoperating obligations (NNO) of $456 million, average total liabilities of $3,508 million, and equity of $7,040 million. The companyâ€™s 2012 financial leverage (FLEV) is: Choose from list below: 0.179 0.949 0.061 0.065 Solution Financial leverage formual = Average net nonoperating obligation / average equity = 456 / (7416 - 456) = 456 /6960 = .065 correct option is \"D\" -.065 .

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The executive officers of Rouse Corporation have a performance-based compensation plan. The performance criteria of this plan is linked to growth in earnings per share. When annual EPS growth is 12%, the Rouse executives earn 100% of the shares; if growth is 16%, they earn 125%. If EPS growth is lower than 8%, the executives receive no additional compensation. In 2014, Joan Devers, the controller of Rouse, reviews year-end estimates of bad debt expense and warranty expense. She calculates the EPS growth at 15%. Kurt Adkins, a member of the executive group, remarks over lunch one day that the estimate of bad debt expense might be decreased, increasing EPS growth to 16.1%. Devers is not sure she should do this because she believes that the current estimate of bad debts is sound. On the other hand, she recognizes that a great deal of subjectivity is involved in the computation. Questions What is the ethical dilemma for Devers? What are the alternative solutions? Evaluate whether the proposed solution is ethical. Who are the stakeholders? How are they impacted? Solution What is the ethical dilemma for Devers. Few executives ever see jail even though the results of unethical behavoir can greatly affect stakeholders. The prevalence of major corporate scandals over the years has helped increase public awareness of two major ethics concepts -- stakeholders and ethical dilemmas. While these concepts are not unique to the study of business, they tend to be more commonly applied to ethical corporate decision making. For example, the corporate social responsibility movement is a direct application of these ideas in real life business practice. But what exactly do they mean? Stakeholders Stakeholders are broadly defined as anyone who is impacted by a decision-maker .

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The EU recently admitted the Eastern European countries. How do you assess the impact of the EU\'s expansion? What are the costs and benefits of the expansion for the U.S. economy? Solution The accession of eight Central and Eastern European countries (CEECs) to the European Union in 2004 will bring some important benefits. The new members will gain from reduced bar- riers to trade and investment. By 2010, the movement of labor will also be freed. But accession to the EU is neither a necessary nor a sufficient con- dition for economic growth. The combined effects of market access and economic liberalization, not EU membership, optimize economic growth. Unfortunately, the incoming EU members had to choose between the common market on the one hand and economic liberty on the other. Instead of concluding free-trade agreements with the EU, the CEECs were cajoled into an increas- ingly centralized superstate, in which most of their comparative advantages will be legislated out of existence. As a result, economic growth in Central and Eastern Europe (CEE) will continue to be suboptimal. The loss of potential future economic growth will be only partly offset by the CEEC .

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The Esposito Import Company had 1 million shares of common stock outstanding during 2013. Its income statement reported the following items: income from continuing operations, $5 million; loss from discontinued operations, $1.8 million; extraordinary gain, $2.4 million. All of these amounts are net of tax. Required: Prepare the 2013 EPS presentation for the Esposito Import Company. (Round your answers to 2 decimal places.) Solution Hi, Please find the detailed answer as follows: EPS = (Income from Continuing Operations + Extraordinary Gain - Loss form Discontinued Operations)/Number of Outstanding Shares EPS = (5 million + 2.4 million - 1.8 million)/1 million = $5.60 Answer is $5.60 . Thanks. .

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The Electron in a Hydrogen Atom transforms from its n=1 state to its n=3 state. Does the electron absorb or release energy? What is the amount of energy assosicated with this transformation? What will happen after this transition? List the four quantum numbers of an electron in the ground state of a hydrogen atom. Solution E n = (-13.6 eV)/n 2 E 3 = (-13.6 eV)/9 = -1.51 eV E 1 = (-13.6 eV)/1 = -13.6 eV Electron losses energy E = -1.51 - (-13.6) = 12.09 eV .

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The enqueue operation on the Queue ADT adds a new item to the back of the queue where the dequeue operation removes and returns the item from the front of the queue. Now consider an initially empty queue and find the final output for the following sequence of queue operations: enqueue(7); enqueue(9); enqueue(1); dequeue(); enqueue(8); dequeue(); dequeue(); enqueue(6); enqueue(3); dequeue(); enqueue(2); enqueue(1); dequeue(); Solution import java.util.*; java.io.*; java.lang.*; class Queue { private ArrayList list; public Queue() { list = new ArrayList(); } public void enqueue(Object object) { if(list.isFull()) System.out.println(â€œQueue overflowedâ€); else list.add(object); } public Object dequeue() { if(list.isEmpty()) System.out.println(â€œQueue underflowâ€); else return list.remove(list.size() - 1); } public boolean isEmpty() { return list.isEmpty(); } public Object front() { return list.get(list.size() - 1); } public Object back() { return list.get(index); } public void clear() { list.clear(); } } class QSample { public static void main(String args[]) throws Exception { Queue q=new Queue();Â Â Â while(true) { System.out.println(\"\ \\t QUEUE \"); q.enqueue(7); q.enqueue(9); q.enqueue(1); q.back(); q.dequeue(); q.enqueue(8); q.dequeue(); q.dequeue(); q.enqueue(6); q.enqueue(3); q.dequeue(); q.enqueue(2); q.enqueue(1); q.dequeue(); System.out.println(\"Exit\"); } } } The Final output is : 3 2 1 .

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