The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:1Dec. 31, 20Y2Dec. 31, 20Y12Assets3Cash$918,000.00$964,800.004Accounts receivable (net)828,900.00761,940.005Inventories1,268,460.001,162,980.006Prepaid expenses29,340.0035,100.007Land315,900.00479,700.008Buildings1,462,500.00900,900.009Accumulated depreciation-buildings(408,600.00)(382,320.00)10Equipment512,280.00454,680.0011Accumulated depreciation-equipment(141,300.00)(158,760.00)12Total assets$4,785,480.00$4,219,020.0013Liabilities and Stockholders’ Equity14Accounts payable (merchandise creditors)$922,500.00$958,320.0015Bonds payable270,000.000.0016Common stock, $25 par317,000.00117,000.0017Paid-in capital: Excess of issue price over par—common stock758,000.00558,000.0018Retained earnings2,517,980.002,585,700.0019Total liabilities and stockholders’ equity$4,785,480.00$4,219,020.00The noncurrent asset, noncurrent liability, and stockholders’ […]

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Alpha Company has the following account balances information for fiscal year 2015 & 2016 (all balances are normal):Alpha CompanyDecember 31Accounts20162015Accounts Receivable$40,500$35,500Allowance for Doubtful Accounts2,5001,500Merchandise Inventory57,00050,000Office Supplies25,00020,000Credit Sales960,000740,000Sales Discounts10,0009,000Interest Income25,00020,000Cost of Goods Sold460,000385,0001. What is the FY 2016 accounts receivable turnover ratio? Enter the answer as a number rounded to one decimal place followed by a […]

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Two inventive entrepreneurs have interested a group of venture capitalists in backing a new business project. The proposed plan would consist of a series of international retail outlets to distribute and service a full line of ingenious home garden tools. The stores would be located in high-traffic cities in Latin America such as Panama City, […]

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Jude has operated as a lumber bucker for Woodland Company for the past 10 years. Jude’s work entailed him to reach many decisions when shaping trees into logs and then apportioning them to proper manufacturing facilities. As an expert, Jude knew how to cut each tree into various log lengths and later allocate the logs […]

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The Gibson Company is a United States (US) firm that is considering a joint venture with Brasilia, DF, a Brazilian firm that grows and processes coffee beans. Gibson has a patent for a new coffee processing method. This intellectual property is motivating Gibson to expand beyond importing coffee to engaging in a joint venture to […]

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A variety of end marks (. ! ?) will indicate a variety of sentence types.**These might include rhyming words, alliteration (the repetition of consonant sounds at the beginnings of words), and assonance (the repetition of vowel sounds). All can add to a sense of rhythm. You’ll learn more about such devices in semester 2.Written Assignment. […]

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Give a reason for selecting KFC as a company to write about, Consider factors such as risk. Additionally, consider how this organization compares to different companies within the same industry. Specifically, the following critical elements must be addressed: I. Overview: Provide a concise overview of KFC, expand your analysis by including pertinent information about KFC’s […]

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Module 1 assignment For this module you are to complete the following assignments: Chapter 1, Exercises 1, 2, and 4 in the Management of Information Security textbook Submit your assignment to the Assignment box no later than Sunday 11:59 PM EST/EDT. (This Assignment box maybe linked to Turnitin.). Module 2 assignment For this module you […]

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As we think about ways to grow our business we must consider our capacity or our ability to serve a maximum number of guest in a time period. This is an important consideration for all levels of management including sales/marketing, operations, and capital planning. While the decision to change our flow or increase our capacity […]

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Exercise 9: The Newsvendor ProblemAnewsvendorpurchasesnewspapersfor$0.15eachatthestartofeachdayandthensells themonthecornerfor$0.50.Anypapersleftoverattheendofthedayaresoldfor$0.05eachto arecycler.Ifthenewsvendorsellsoutduringtheday,thereisnoopportunitytogetadditional papers.Constructaspreadsheetthatcalculatesthenewsvendor’sprofitforanynumberofpapers purchasedatthebeginningofthedayandanynumberofpaperswantedduringthecourseofthe day.(Noticethatthenumberofnewspaperswantedduringthedaymayexceedthenumberof newspaperspurchasedatthebeginningoftheday,butthenewsvendorwillrealizesalesforonly thedemandthatcanbesatisfiedwithanewspaper.)Setupyourspreadsheetsothatthenumber ofnewspaperspurchasediscontainedinonecellandthenumberofnewspapersdemandedis contained inanother:Number of newspapers purchased =0Number of newspapers demanded =01.Whatistheprofitforthefollowingfourscenarios?Scenario 1Scenario 2Scenario 3Scenario 4Papers purchased80809090Papers demanded60100601002.PrepareaChartofProfitasafunctionofDemandassumingthenewsvendorpurchases90 papers.

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