PRICE B $20 25 40 Company A Day 1 $14 Day 2 11 Day 3 15 Day 4 13 Day 5 10 Split at close of day 2.. Split at close of day 3. Calculate a Dow Jones Industrial Average for days 1 through 5. Do not round intermediate calculations. Round your answers to three decimal places. Day 1: Day 2: Day 3: Day 4: Day 5: 38 41 с $52 58 56 26 28 SHARES B A 550 550 550 350 550 370 370 185 185 185 с 250 250 250 500⁰ 500
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![Day 1:
Day 2:
Company A
Day 1
$14
Day 2
11
Day 3
15
13
10
Split at close of day 2.
Split at close of day 3.
Calculate a Dow Jones Industrial Average for days 1 through 5. Do not round intermediate calculations. Round your answers to three decimal places.
Day 3:
Day 4:
Day 5:
PRICE
B
$20
Day 4
Day 5
25
40
38
с
$52
58
56
26
28
A
550
550
SHARES
B
370
370
185
185
185
550
$50
550
с
250
250
250
500
500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F31e950a1-bbf4-4206-8364-b4d4ba0bb83b%2F2b1dcd61-443e-4c5b-9dc6-0a864e9f0d23%2Fxx6kx2t_processed.jpeg&w=3840&q=75)
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- Forecast the ATO based on the following data. Sales 1 $66.170B Sales 2 $66.463B NOA 1 $107.760B NOA 2 $109.727B PM average is 14.5% Post you answer with 2 decimal. 0.88 for examplek ces Find the APR in each of the following cases: Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. APR 10.71 % 11.30 % 9.17 % % Number of Times Compounded Semiannually Monthly Weekly Infinite EAR 11.0 % 11.9 % 9.6 % 13.3 %еВook 4 Show Me How Print Item 3. If the third decimal place is less than 5, simply drop the third decimal place. Examples: Monthly rate $1,827 Weekly rate ($1,827 x 12)/52 = $421.615 rounded to $421.62 Hourly rate $421.62/40 = $10.540 rounded to $10.54 O.T. rate $10.54 x 1.5 = $15.81 Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Example 2-9 John Dilcher is paid an hourly rate of $18.50 per hour, and he worked 49 hours this week. His gross pay is: 40 hours x $18.50 $740.00 regular earnings 9 hours x $27.75 ($18.50 × 1.5) 249.75 overtime earnings Total gross pay $989.75 John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's regional office in Albany. He left Sunday at noon and arrived in Albany at 3:00 P.M. During the week, he worked his normal 40 hours in the Albany office (Monday through Friday-9 A.M. to 5 P.M.). In addition, he attended the company's mandatory 5- hour…
- The shodule g8 aing accounts for a com Prny O1 Year 2020 Account rectuble $20,000 $ So00 at the Estimate bag Current 1-30 daysoverdue 3 1- 60 days ovedue more than 6odays overdue (% 5% to % 20% $2500 31 S00 The aliowance was estimeted by using the stheolole accounta. The allowanre count had a'Jebit balance of g400 befere tHe estimate was made Reouired Prefare the adjusting bat to record bad debt expense for 2 entryQuestion 11 Complete the following table. Show solutions correct to two decimal places. % Markup Based on Cost Cost $89 Selling Price Next Question Markup Amount % % Markup Based on Selling Price 30%a. Date formats b. Profit & Loss Standard report c. % of Income d. QuickZoom e. Without Cents f. Divided by 1000 g. Previous Period $ Change h. Previous Period % Change i. To date ________ The end of the reporting period. ________ When selected in the Modify Report window, this check box requires QuickBooks Accountant to report amounts in thousands. ________ Adds a subcolumn to a Profit & Loss report that calculates the relative percentage change in each item from a previous period. ________ The beginning of the reporting period. ________ A financial statement reporting the revenues and expenses of a business for a specific accounting period. ________ Adds a subcolumn to a Profit & Loss report that calculates the amount of change in each item from a previous period. ________ A preference option that specifies whether years in date fields are shown as two digits or four digits. ________ A feature in QuickBooks Accountant that allows you to view the transaction details…
- 1. Use the trading data for Friday, October 20 and Friday, October 27 to answer the questions. Discovery Inc. October 27 Last Trade Time Chg Open 52-week High 52-week Low Discovery Inc. October 20 Last Trade Time Chg Open 52-week High 52-week Low Sales in 100s High Low $38.50 4:00 P.M. ET $1.56 $37.22 $76.19 $22.78 19,700 $40.10 $36.77 Sales in 100s High Low $42.00 4:00 P.M. ET $1.50 $42.50 $76.19 $22.78 23,600 $42.50 $42.00 a. What was the difference between the high and the low prices on October 20? $3.33 b. On October 27, what was the actual volume of Discovery Inc. shares posted? Write the volume in numerals. 2,360,000QS 13-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place. Short-term investments Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable S Current Year $ 378,398 100,704 0 Prior Year $ 237,313 104,650 91,913 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year 378,398 $ 100,704 0 Prior Year 237,313 104,650 91,913 Denominator: Dollar Change Percent Change %6 %6 %Aging of Receivables ScheduleJuly 31 Customer Balance NotPast Due 1-30DaysPast Due 31-60DaysPast Due 61-90DaysPast Due Over 90DaysPast Due Subtotals 1,050,000 600,000 220,000 115,000 85,000 30,000 Boyd Industries 36,000 36,000 Hodges Company 11,500 11,500 Kent Creek Inc. 6,600 6,600 Lockwood Company 7,400 7,400 Van Epps Company 13,000 13,000 Totals 1,124,500 607,400 233,000 121,600 96,500 66,000 Percentage uncollectible 1% 3% 12% 30% 75% Allowance for Doubtful Accounts 106,106 6,074 6,990 14,592 28,950 49,500 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank. July 31 fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6
- QS 17-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable Percent Change: = Short-term investments Accounts receivable Notes payable $ Current Year Prior Year $ 377,232 99,828 0 $ 236,026 103,326 90,624 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year 377,232 $ 99,828 0 Prior Year 236,026 103,326 90,624 Denominator: Dollar Change Percent Change % % %Calculate the missing values and express your answers rounded to two decimal places. a. b. Cost $0.00 $56.00 Amount of Markup Selling Price $350.00 Rate of Markup on Cost 25.00% % Rate of Markup on Selling Price 28.00% %Hide or show questions Progress:11/15 items Morry Company wrote off the following accounts receivable as uncollectible for the first year of its operations ending December 31: Customer Amount J. Jackson $10,000 L. Stanton 9,500 C. Barton 13,100 S. Fenton 7,400 Total $40,000 Required: a. Journalize the write-offs for the current year under the direct write-off method. If an amount box does not require an entry, leave it blank. Bad Debt Expense Bad Debt Expense Accounts Receivable-J. Jackson Accounts Receivable-J. Jackson Accounts Receivable-L. Stanton Accounts Receivable-L. Stanton Accounts Receivable-C. Barton Accounts Receivable-C. Barton Accounts Receivable-S. Fenton Accounts Receivable-S. Fenton b. Journalize the write-offs for the current year under the allowance method. Also, journalize the adjusting entry for uncollectible receivables assuming the company made…
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