Date DJIA S&P 500 January 6          11,998         1,278 January 13          12,022         1,289 January 20          12,330         1,315 January 27          12,440         1,316 February 3          12,762         1,345 February 10          12,801         1,343 February 17          12,950         1,362 February 24          12,983         1,366 March 2          12,978         1,370 March 9          12,922         1,371 March 16          13,233         1,404 March 23          13,081         1,397 March 30          12,900         1,408 April 5          13,060         1,398 April 13          12,850         1,370

What the answer for 27 The first answer I had was 61,800 The second answer was 25,200 Both was wrong

Please do not give solution in image format thanku

9:44 P D M (7 all 83% The income statement for Forklift Electrical Ltd for two years are shown below: Forklift Electrical Ltd Income Statement Comparison Current year Prior Year (amounts in thousands) $ 33,750 21,938 $ 11,812 $ 24,750 16,830 $ 7,920 Sales Cost of goods sold Gross profit Wages $ 8,775 $ 6,188 Utilities 675 250 Repairs Selling Total expenses 169 325 506 200 $ 10,125 $ 6,963 Total assets (investment base) $ 4,500 $ 1,500 Required: a) Determine the operating income (loss) (dollars) for each year. b) The company made a strategic decision to invest in additional assets in the current year. These amounts are provided. Using the amounts of the total assets as the investment base, calculate the return on investment. c) Was the decision to invest additional assets in the company successful? Explain. d) Assuming an 8% cost of capital, calculate the residual income for each year. e) Would the management of Forklift Electrical Ltd have been more likely to accept the investment…

Carleton University > BUSI > BUSI 1004 At January 1, 20 * 2, Jamin Co. had a c... Question Ask a new Question 8. At January 1, 20x2, Jamin Co. had a credit balance of $260,000 in its allowance for uncollectible accounts. Based on past experience, 2% of Jamin's credit sales have been uncollectible. During 20x2, Jamin wrote off $325,000 of uncollectible accounts. Credit sales for 20x2 were $9 million. In its December.31, 20x2 balance sheet, what amount should Jamin report as allowance for uncollectible accounts? a. $440,000 b. $115,00 $245,000 d. $180,000 C. Uploaded by: viviannguyen3 Report Subject: Business

perform horizontal analysis

Dinesh bhai

1

Analyze Apple Inc. by segment Segment disclosure by Apple Inc. (AAPL) provides sales information for its major product lines for three recent years as follows (in millions): Segment   Year 3   Year 2   Year 1   iPhone   $136,700   $155,041   $101,991   iPad   20,628   23,227   30,283   Mac   22,831   25,471   24,079   Services   24,348   19,909   18,063   Other Products   11,132   10,067   8,379   Total sales   $215,639   $233,715   $182,795   The Services segment includes sales from iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, Apple Music, AppleCare, and Apple Pay. The Other Products segment includes sales from Apple TV, Apple Watch, Beats products, iPod, and Apple-branded accessories.   a. Prepare a vertical analysis of Year 3 sales. (Round percentages to nearest whole percent.)

Exercise 9-15 During its first year of operations, Mack’s Plumbing Supply Co. had sales of $3,250,000, wrote off $27,800 of accounts as uncollectible using the direct write-off method, and reported net income of $487,500. Determine what the net income would have been if the allowance method had been used and the company estimated that 1% of sales would be uncollectible. --------------------------------------------------------------------- Using the data in Exercise 9-15, assume that during the second year of operations, Mack’s Plumbing Supply Co. had sales of $4,100,000, wrote off $34,000 of accounts as uncollectible using the direct write-off method, and reported net income of $600,000.a. Determine what net income would have been in the second year if the allowance method (using 1% of sales) had been used in both the first and second years.b. Determine what the balance of the allowance for doubtful accounts would have been at the end of the second year if the allowance method had been…