Cash Flows from Operating ActivitiesIndirect Method The income stateme.docx

•Télécharger en tant que DOCX, PDF•

0 j'aime•2 vues

Cash Flows from Operating Activitiesâ€”Indirect Method The income statement disclosed the following items for 2014: Balances of the current assets and current liability accounts changed between December 31, 2013, and December 31, 2014, as follows: Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. Statement of Cash Flows (partial) For the year ended on Dec. 31, 2014 Cash flows from operating activities: $ Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities $ Solution Particulars $ Net Income 261,300 Add: Depreciation expense (44,000) Less: Gain on disposal of equipment 25,670 Add: Decrease in Inventory 3,900 Add: Decrease in Prepaid Insurance 1,460 Add: Increase in Income tax payable 1,460 Less: Increase in Accounts receivable (6,850) Less: Decrease in Accounts payable (4,650) Cash flow from Operating Activities 238,290 .

Formation

Add: Increase in Income tax payable 1,460 Less: Increase in Accounts receivable (6,850) Less:
Decrease in Accounts payable (4,650) Cash flow from Operating Activities 238,290

Contenu connexe

Similaire à Cash Flows from Operating ActivitiesIndirect Method The income stateme.docx

Exercise 12-1 Putnam Corporation had these transactions during 2014. Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities. (a) Purchased a machine for $30,000, giving a long-term note in exchange. (b) Issued $50,000 par value common stock for cash. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Declared and paid a cash dividend of $13,000. (e) Sold a long-term investment with a cost of $15,000 for $15,000 cash. (f) Collected $16,000 of accounts receivable. (g) Paid $18,000 on accounts payable. IFRS 13-1 Ling Company reports the following information for the year ended December 31, 2014: sales revenue $1,000,000, cost of goods sold $700,000, operating expenses $200,000, and an unrealized gain on non-trading securities of $75,000. Prepare a statement of comprehensive income using the one-statement approach. LING COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2014 $ $ Problem 12-9A Condensed financial data of Odgers Inc. follow. ODGERS INC.Comparative Balance Sheets December 31 Assets 2014 2013 Cash $ 127,664 $ 76,472 Accounts receivable 138,724 60,040 Inventory 177,750 162,503 Prepaid expenses 44,872 41,080 Long-term investments 218,040 172,220 Plant assets 450,300 383,150 Accumulated depreciation (79,000 ) (82,160 ) Total $1,078,350 $813,305 Liabilities and Stockholders’ Equity Accounts payable $ 161,160 $ 106,334 Accrued expenses payable 26,070 33,180 Bonds payable 173,800 230,680 Common stock 347,600 276,500 Retained earnings 369,720 166,611 Total $1,078,350 $813,305 ODGERS INC.Income Statement Data For the Year Ended December 31, 2014 Sales revenue $613,767 Less: Cost of goods sold $214,027 Operating expenses, excluding depreciation 19,608 Depreciation expense 73,470 Income tax expense 43,102 Interest expense 7,473 Loss on disposal of plant assets 11,850 369,530 Net income $ 244,237 Additional information: 1. New plant assets costing $158,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $90,850 and accumulated depreciation of $76,630 were sold for $2,370 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $41,128 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) ODGERS INC.Statement of Cash Flows For the Year Ended December 31, 2014 $ Adjustments to reconcile net income to $ ...

Exercise 12-1Putnam Corporation had these transactions during 20.docx

gitagrimston

12.4 Format of the Cash Flow Statement

VCE Accounting - Michael Allison

Adjusting the account

ava & araf co.

STATEMENT OF CASH FLOWS.ppt

LayTekchhay2

Financial Ratio Analysis of Samsung for the year 2013-2014

Prinson Rodrigues

Cash flow problem & solution

Manzur Islam

Acc mgt noreen13 how well am i doing statement of cash flows

Judianto Nugroho

ACC2 M4S4 We’re continuing to analyze the Nybrostrand as in assignments 1 , 2, and 3. Based on additional information added in assignments 2 and 3, please use the information below to make a statement of cash flows. · The beginning cash balance is $30,000. · Use the Net Income from Module 2. · Use depreciation expense of Module 1. · During the year 14, Inventory increases by $42,500. · During the year 14, Land increases by $400,000. · During the year 14, Long-Term Debts increases $360,000. · During the year 14, the company made a secondary offering of stock and raised an additional $180,000, which includes $150,000 of Paid-in capital. · During the year 14, the company had paid $15,000 in dividends. Using the Indirect Method, prepare a statement of cash flows for the company in good format and compare two financial statements between the income statement and statement of cash flows. You do not need to include the income statement or balance sheet. This is a Signature Assignment Expectation for Accounting 201 There are 2 specific learning outcomes: 1) apply business theories, models and concepts to guide analysis of problems and situations and 2) utilize data driven analysis in making business decisions. In this Session Long Project number 4, our emphasis will be on understanding the statement of cash flows. You will be summarizing all of what you learned in the overall class and discussions. Assignment Expectations · Create a statement of cash flows and compare cash flows with net income. · Write 3-4 pages, showing computations and discussing the results. · List supporting references and cite your sources in APA format in text and listed at the end on a separate page. · Use appropriate writing style (organization, grammar, and spelling). · The paper will be typed in Times New Roman, Font 12, Double Spaced. Information gathered from Assignment 1: This paper gives an analysis of Nybrostrand Company with a view to show the financial position and the net profits available to the shareholders. The study aims to show the company’s financial profile to attract would-be investors and show conformity to internationally accepted accounting standards. Nybrostrand Company Income Statement For the year ended December 31, 2014 Account Debit Credit Revenue $586,000 Cost of goods sold $307,000 Gross Profit $279,000 Expenses Marketing $4,500 Depreciation Expense $24,350 Insurance $1,400 Property taxes $16,900 Rent $28,000 Salaries $78,500 Utilities $6,700 $160,350 Net Profit $118,650 About the income statement shown above, the company is presumed to be successful. The net profit is calculated in this order. All the expenses are summed up then they are subtracted from the revenues or sales figure (Maynard). This is the ultimate net profit. On the other hand, the gross profit is calculated when the cost of goods sold is subtracted from revenues. The cost of sales is the amount got from the addition of opening stock, cost.

ACC2 M4S4We’re continuing to analyze the Nybrostrand as in ass.docx

annetnash8266

Colorado Company has provided you the following information

Jansontik

Similaire à Cash Flows from Operating ActivitiesIndirect Method The income stateme.docx (9)

Exercise 12-1Putnam Corporation had these transactions during 20.docx

12.4 Format of the Cash Flow Statement

Adjusting the account

STATEMENT OF CASH FLOWS.ppt

Financial Ratio Analysis of Samsung for the year 2013-2014

Cash flow problem & solution

Acc mgt noreen13 how well am i doing statement of cash flows

ACC2 M4S4We’re continuing to analyze the Nybrostrand as in ass.docx

Colorado Company has provided you the following information

Plus de mmary455

signment/takeCovalent Activity.doPlocator-assignment take&takeAssignmentSessionLocator; assignment-take ea Use the Relerences to access imporlant values if needed fer this qeetion. Compare the solubility of iron(II) sulfide in each of the following aqueous solutions: Clear Al req 0.10 M Fe(CH coo2 More soluble than in pure water 0.10 M (NH42S Similar solubility as in pure water 0.10 M KNO3 Less soluble than in pure 0.10 M NaCHjCOO Submit Answer Rutry Entiee Group group attempts rmairing 96 7 8 9 5 6 0 Solution 1.) Less soluble than in pure water.(common ion effect due to Fe 2+ ) 2.) Less soluble than in pure water.(common ion effect due to S 2- ) 3.) More solubility than in pure water.( K + ions combine with S 2- ions. More Fe 2 S should be dissolved to maintain equilibrium) 4.) Same solubility as in pure water.( common ion effect due to acetate ion is balanced by decrease in concentration of sulfide by combining with Sodium ions.) .

signment-takeCovalent Activity-doPlocator-assignment take&takeAssignme.docx

mmary455

Simple interest is the interest cost for one or more periods when the amount on which interest is compounded stays the same from period to period. T.F. Ordinary annuity is a series of unequal payments or receipts that will begin one time period from the current period. T.F. The company\'s minimum rate of return is discounted by its present value to determine future cash Inflows and outflows. T.F. The earlier the cash flows, the lower their present values. T.F. The payback period is the number of periods It takes for net cash inflows from an investment to equal the initial investment cost. Solution (31) True: Simple interest is the interest is the interest cost for one or more periods when the amount on which interest is compounded stays the same from period to period. In the simple interest, Interest is not compounded for period to period like compound interest. The interest is fixed for whole periods. (32) False: An Ordinary annuity is a series of unequal payments or receipts that will begin one time period from the current period. (33) False: The company\'s minimum rate of return is multipled by its present value to determine future cash inflows and outflows. (34) True: The earlier the cash flows, the lower their present values. (35) True: The payback period is the number of periods it takes for net cash inflows from an investment to equal the initial investment cost. .

Simple interest is the interest cost for one or more periods when the.docx

mmary455

show work 10. Divide 1436 by 203. The answer expressed to the correct number of sig figs is: a) 0.141 b) 0.1414 c) 7.07 d) 7.074 11. Add 114.32+12.1+ 13. The answer expressed to the correct number of sig figs is: a) 139 b) 139.4 c) 139.42 d) 140 12. The mass of a substance is 17.46 grams and its volume is 3.42 mL. What is the density of the substance rounded to the proper number of sig figs? a) 0.1959 g/mL b) 0.196 g/mL c) 5.105 g/mL d) 5.11 g/mL 13. Consider the element sodium, Na, and answer the following questions: a) b) c) Is it a metal, nonmetal or metalloid? What name is given to the group it belongs to on the periodic table? is it a representative element or a transition element? Solution 10) 1436/203 = 7.074 answer: c) 7.07 11) 114.32 + 12.1 + 13 = 139.4 answer: b) 139.4 12) density (d) = mass / volume = 17.46/3.42 = 5.105 g/ml answer: d) 5.11 g/ml 13) sodium,Na a) metal b) alkali metals(1st group) c) representatiove element. .

show work 10- Divide 1436 by 203- The answer expressed to the correct.docx

mmary455

Show the effect of dollar appeciation and depreciation with the yen on the price of exports and imports by updating Table 15.2 Effect of Dollar appreciation and Depreciation on U.S. Exports and Imports R =Y/$ Domestic price Jan 09: R=90 June 09: R=97 Effect on exports (x) and imports (M) US export: computer $10,000 Y900,000 Y970,000 X decreases US import: cars Y2,000,000 ~$22,200 ~$20,600 M increases Jan 08: R=108 Jan09: R=90 Computer $10,000 Y1,080,000 Y900,000 X increases Cars Y2,000,000 ~$18,500 ~22,200 M decreases Solution table is missing .

Show the effect of dollar appeciation and depreciation with the yen on.docx

mmary455

Solubility products Ks(Fe(OH)2) = 4,9 x 10 ^ -17 Ks(Fe(OH)3) = 2,8 x 10 ^ -39 Ionic product of water Ke = 1,0 x 10 ^ -14 at 25 degrees Solution Molarity of Fe(+2) = Number of moles of FeSO4/Volume of solution in L = 0.100M Ksp(Fe(OH)2) = [Fe(+2)][OH-]^2 = 4.9 * 10^(-17) [OH-] = sqrt(4.9 * 10^(-16)) = 2.21 * 10^(-8) pOH = 8 - log(2.21) = 7.65 pH + pOH = 14 pH = 14 - 7.65 = 6.35 Molarity of Fe(+3) = Number of moles of FeCl3/Volume of solution in L = 0.020M Ksp(Fe(OH)3) = [Fe(+3)][OH-]^3 = 2.8 * 10^(-39) [OH-] = (140* 10^(-39))^(1/3) = 5.1924 * 10^(-13) pOH = 13 - log(5.1924) = 12.28 pH + pOH = 14 pH = 14 - 12.28= 1.72 Hence the Fe(OH)3 will precipitate first, since it rquire less amount of [OH-] So in the pH range of 1.72-6.34, only one precipitate will be present .

Solubility products Ks(Fe(OH)2) - 4-9 x 10 ^ -17 Ks(Fe(OH)3) - 2-8 x 1.docx

mmary455

Sodium fluoride is added to many municipal water supplies to reduce tooth decay. Calculate the pH of a 3.12×10-3 M solution of NaF, given that the Ka of HF = 6.80 x 10-4 at 25°C. Solution NaF(aq) --------------> Na^+ (aq) + F^- (aq) 3.12*10^-3 3.12*10^-3M F^- (aq) + H2O -------------> HF (aq) + OH^- (aq) I 0.00312 0 0 C -x +x +x E 0.00312-x +x +x Kb = Kw/Ka = 1*10^-14/6.8*10^-4 = 1.47*10^-11 Kb = [HF][OH^-]/[F^-] 1.47*10^-11 = x*x/0.00312-x 1.47*10^-11 *(0.00312-x) = x^2 x = 2.17*10^-7 [OH^-] = x = 2.17*10^-7 M POH = -log[OH^-] = -log2.17*10^-7 = 6.6635 PH = 14-POH = 14-6.6635 = 7.3365 .

Sodium fluoride is added to many municipal water supplies to reduce to.docx

mmary455

Societal Dimension of IPE Solution International political economy was the original term used for studying problems that arise from or are affected by the interaction of international politics, international economics, and different social systems and societal groups. IPE has four dimensions :- security, production, finance,and knowledge. Political institutions are important determinants of these economic outcomes. In turn, the state of the economy affects political outcomes, both in the long run and in the short. Economic development affects the evolution of institutions and short run economic conditions affect political change and elections. We will interpret \"political institutions\" in a broad sense and we will also be interested in related issues such as the role and evolution of legal and administrative institutions, and issues concerning social interactions. The group focuses both on developed and developing economies and both on \"macroeconomic\" and \"microeconomic\" issues including international trade and international relations. International political economy relations cannot be completely controlled / predictable, these generally effects negative of IPs are primarily due to export subsidies and non-tariff barriers, particularly in less-developed countries. .

Societal Dimension of IPESolutionInternational political economy was t.docx

mmary455

Soil & GW Remediation (Civil and Environmental Engineering) Solution Qn# 1 EXPLANATION: A) K ow - 3) octanol-water partitioning coefficient is the ratio of chemical concentration in octanol phase(hydrophobic) to its concentration in aqueous phase(hydrophilic). it is used to understand the hydrophobicity of the compound. B) K d - 1) it is called as distribution coefficient is the soil-water partitioning coefficient. it is used to calculate the soil concentration that is proactive of ground water. so this is the linear coefficient between aqueous and solid phase. C) K oc - 5) it is the soil organic carbon-water partitioning coefficient. it is the distribution coefficient restricted to total organic carbon content. used for predicting mobility of organic soil contaminants. D) K H - 4) it is the air-water partitioning coefficient. so it is used for partitioning of a compound between liquid and gaseous phase. E) V p - 2) it is used to describe the equilibrium between compound and gaseous phase. ANSWER is A) - 3) B) - 1) C) - 5) D) - 4) E) - 2) .

Soil & GW Remediation (Civil and Environmental Engineering) SolutionQn.docx

mmary455

Show that the worst-case time complexity for Binary Search is given by when n is not restricted to being a power of 2. Hint: First show that the recurrence equation for W(n) is given by T(1) = 1 To do this, consider even and odd values of n separately. Then use induction to solve the recurrence equation. I understand how to find this with base 2 but totally lost otherwise? Solution Hi there, The time to search in an array of N elements is equal to the time to search in an array of N/2 elements plus 1 comparison. T(N) = T(N/2) + 1 Now we re-write the function in recurrence. T(N) = T(N/2) + 1 T(N/2) = T(N/4) + 1 T(N/4) = T(N/8) + 1 â€¦â€¦ T(4) = T(2) + 1 T(2) = T(1) + 1 Next we sum up the left and the right sides of the equations above: T(N) + T(N/2) + T(N/4) + T(N/8) + â€¦ +T(2) = T(N/2) + T(N/4) + T(N/8) + â€¦ +T(2) + T(1) + (1 + 1 + â€¦ + 1) The number of 1â€™s on the right side is LogN Finally, we cross the equal terms on the opposite sides and simplify the remaining sum on the right side, we get, T(N) = T(1) + LogN T(N) = 1 + LogN as T(1)=1 The worst case time complexityof binary search is: T(N) = O(LogN) .

Show that the worst-case time complexity for Binary Search is given by.docx

mmary455

Since Linux is an international operating system you can configure it to support a specific region. Discuss how you can configure its character set, keyboard layout, and date/time display formats for a specific region (or country) of your choice. Solution Region specific settings: Keyboard Layout: This is set using the loadkeys command.The local X configuation tool can be used for this purpose. XkbdLayout is the one that is used. Example: XkbdLayout \"us\" Fonts:The setfont tool is used for loading fonts in text mode.This usually comes with an innputrc file which enables the ability to combine characters. Example: export INPUTRC=\"/etc/inputrc\" Date and time display: This is usually done during installation.And then it can be updated using the Network Time Protocol. Example: debby: ^ > ps -ef | gre ntpd ntp 22458 1 0 2006? 00:00:24 ntpd -U ntp The ntp update is run manually in order to set the time every time we aproach the time server. root@box: ^ # ntpdate 12.2.4.100 15 Aug 15:35:43 ntpdate[20336]: adjust time server 12.2.4.100 offset -0.004567 sec NTP package can be checked in the given system manual.And the commands used for setting the correct time zone are tzconfig or timezone commands. Language : gdm or kdm commands are used to configure language settings before logigng in. Example: debby: ^> acroread/ var/ tmp /54743s.pdf Warning: charset \"UTF-8\" not supported,using \"ISO77695-1\". Aborted. debby: ^ > set | grep UTF LANG=en_US.UTF-8 debby: ^ > export LANG=en_US debby: ^?> acroread / var / tmp / 54743s.pdf <------ new window opens-----> .

Since Linux is an international operating system you can configure it.docx

mmary455

Sinking fund bands: Require the issuer to set aside assets in order retire the bonds at maturity Require equl payments of both prinipal and interest over the file of the bonus issues Decline in value bonds Are bearer bonds Bonds that have an option exercisable by the issuer to retire them at a stated dollar amount prior to maturity known as: Convertable bonds Sinking fund bonds Callable bonds Serial bonds Junk bonds Secured bonds: Are also referred to as debentures Have specific assets of the issuing company pledged as collateral Are subordinated to those of other unsecured liabilities Are the same as sinking fund bonds Bonds owned by investors whose names and address are recorded by the issuing company and for which interest payments are made with checks to the bondholders, are called: Callable bonds Serial bonds Registered bonds Coupon bonds Bearer bonds The contract between the bond issuer and the bondholders, which identifies the rights and oblignations of the parties is called a(n): Debebture Bond indenture Mortgage Installment note Mortgage contract Solution 9. Sinkind funds are teh bonds that require the issuer to set aside assets to retire the bonds at maturity. Option A is correct. 10. calleable bonds are the bonds with an option that is exercisable by the issuer to retire them at a stated dollar amount prior to maturity. Option C is correct. 11. Secured bonds are the bonds that have specifics assets of the issuers pledge as collateral. Option B is correct. 12. Registered bonds are the bonds that owned by investors whose names and addresses are recorded by the issuing company and the related interest payments are made to the bondholders. Option C is correct. 13. The Contract between the bond issuer and the bondholder\'s which identifies the rights and obligations of teh party is called bond indenture. Option B is correct. .

Sinking fund bands- Require the issuer to set aside assets in order r.docx

mmary455

Simplify-Write answers in the form of a+bi where a and b are real numb.docx

mmary455

Simplify- 1 + 3 x+4 1 + 9 x-2 Solutio.docx

mmary455

Case: The Long, Loud Silence Background As the director of health information services recently hired from another organization, it did not take you long to discover that morale in the department had been at a low ebb for quite some time. As you undertook to become acquainted with each of your employees, you quickly became inundated with complaints and other evidences of discontent. Most of the complaints concerned problems with administration, the financial division, and the records-related practices of physicians, but there were also a few complaints by staff about other members of the department and a couple of thinly veiled charges concerning health information services personnel who Solution 1. Such behavior of employees might be the result of psychological factors including fear, mistrust, or indifference . To cope with this issue, the manger should gain the confidence of employees. Besides this, he should encourage them to share their problems in the group meetings. He should assure them that their problems would be adhered and addressed by the managers. 2. Managers should conduct a face to face meeting with the employees carrying tales to the other departments . He should try to analyze their viewpoints and address their issues. They should be barred from such practices. The manager should suggest him to share his viewpoint in the team meeting or with his immediate supervisor. Even then, if the employees would not adhere to the managers, strict actions should be taken against them as their behavior might create huge conflicts in future. 3. This departmentâ€™s problems can be addressed with the help of following means of communication: .

Case- The Long- Loud Silence Background As the director of health info.docx

mmary455

Case 4.3 The Baptist Foundation of Arizona: The Whistleblower Hotline Consult Paragraph 5 of PCAOB Auditing Standard No. 10. Do you believe the Arthur Andersen auditors responded appropriately to the information received from BFA\'s former accountant, Karen Paetz? Why or why not? Solution Answer: Arthur Andersen auditors did not at all responded appropriately to the information received from BFA\'s former accountant, Karen Paetz! Beacuse, it is the fundamental duty of an auditor to bring all such concerns to the audit committee. It is unusual and unethical on the part of Andersen that he chose to completely ignore this individualâ€™s warning. Karen Paetz was employed by BFA for 7 years. Infact, she was a credible individual with a lot of knowledge of the accounting infrastructure at BFA. During Paetzâ€™s employment at BFA, she interacted frequently with Arthur Andersenâ€™s auditors on each audit engagement. The fact that she first resigned and then set up a lunch meeting with McGrath to voice her concerns ALOâ€™s deficit (in excess of $100 million) and ALOâ€™s monthly losses (approximately $2.5 million) underscored the importance of taking her concerns seriously. .

Case 4-3 The Baptist Foundation of Arizona- The Whistleblower Hotline.docx

mmary455

Case 5-1 David L. Miller: Portrait of a White-Collar Criminal There is an old saying: Crime doesn Solution Ans1) 1 st PART: Miller does seem to fit the profile of the average fraud criminal. This is because he worked his way up to gain inside information and trust from his bosses. He spent the money to support his lifestyle which was above his means. He also was not violent and he tried to use the money to pay back the stolen funds from his previous employers. 2 ND PART: He was different because he owned up to what he did and took responsibility for his actions. He tried to pay back the stolen funds and he truly believed he would be able to pay it all back. He was also different from the profile because even though he got caught and showed remorse he continued to steal. 3 rd PART: Miller was hard to detect because he was so well liked and trusted by his employers and fellow coworkers. Ans2) He was able to commit the fraud by being in a high ranking position that was able to avoid internal security around the company .

Case 5-1 David L- Miller- Portrait of a White-Collar Criminal There is.docx

mmary455

Carbon steel is an active metal meaning it has low corrosion resistance. Explain why it can be used to carry concentrated sulfuric acid (90 -95%) at room temperature (~ 25 C) which is a strong acid. 1.Predict what could happen if the system is open to atmosphere which has similar temperature (~25 C) and high humidity for a prolong period of time. 2.Describe possible corrosion forms of carbon steel exposed to concentrated sulfuric acid. 3. Corrosion rate of carbon steel in concentrated sulfuric acid initially decreases with liquid velocity, then after a critical velocity corrosion rate linearly increases. Explain why. Support your discussion with electrochemistry (thermodynamics and/or kinetics). Solution Corrosion is caused by moisture or water in the presence of acid. Concentrated sulphuric acid at that levels do not corrode carbon steel because presence of water in the solution is very less. 1. If the system is exposed to a high humidity environment for long times, it slowly starts to corrode because the amount of water becomes more. 2. The reaction product of corrosion are iron sulphate and hydrogen gas. The iron sulphate film is weak and can be disturbed by high acid velocities. CorossCoris also caused by hydrogen gas because it can take off mechanically weak iron sulphate film which is the only protection for the steel. 3. The corrosion reaction involves formation of iron sulphate and hydrogen. When liquid velocity is less, there are less amounts of hydrogen bubbles hitting the steel surface and they are uniformly carried. When the flow becomes turbulent, more bubbles hit the walls and scrape off the protective iron sulphate film which exposes the steel and there is an increase in corrosion. .

Carbon steel is an active metal meaning it has low corrosion resistanc.docx

mmary455

Carbon dioxide in the atmosphere traps heat from the sun and makes life on Earth possible. Why then should we be concerned about adding carbon dioxide to the atmosphere if it is a natural occurrence and beneficial to life on Earth? Solution Before the industrial revolution, Earth\'s atmosphere already contained CO 2 . CO 2 levels were regulated by the natural carbon cycle, where animals would breathe out carbondioxide and plants would absorb it to convert sunlight to energy and the oceans and soils would absorb and emit CO 2 . As human activities increased, we began burning various sources like oil,gas and coal for energy therby releasing additionalÂ Â CO 2 into the atmosphere. The extent of additional carbondioxide released into the atmosphere has been increasing day by day such that the natural carbon cycle is disturbed. Plants no more absorb all the huge excess ofÂ Â CO 2 released into the atmosphere. As a result, all theÂ Â excess CO2 in the atmosphere is trapping lot of energy in the form of heat from the Sun and this is the reason for global warming. Hence, natural occurance ofÂ Â CO 2 is beneficial to life on the Earth. However it has way back crossed the natural permissible levels and is hazardous to release more and moreÂ Â CO 2 into the atmosphere. .

Carbon dioxide in the atmosphere traps heat from the sun and makes lif.docx

mmary455

Carnival Corporation has recently placed into service some of the largest cruise ships in the world. One of these ships, the Carnival Dream, can hold up to 3,600 passengers and cost $750,000,000 to build. Assume the following additional information: Solution A.) Annual net cash flow: Revenues = 320* 3600 * 280 = 3225,60000 Less: variable Cost = 95 * 320 * 3600 = 1094, 40000 Less: Fixed EXpenses othe than dEpreciation = 65000000 Thereofre, Annual Net Cash Flow = 148120000 (No need to reduce depreciation, Because there is no info about tax rate ) B.)NEt PRESENT VALUES Present value of inflows = 148120000*5.650 = 836878000 Present Value of Residual Value = 100000000*0.322= 32200000 Total Preent Value = 869078000 Less INitial Investment = 750000000 Net Present Value =119078,000 $ THanks .

Carnival Corporation has recently placed into service some of the larg.docx

mmary455

Canadian Income Tax Question Tiffany MacGraw, a Canadian citizen, left Canada in 2005 to settle in a country with which Canada has no tax treaty. In 2011, her 26-year-old daughter Cassidy came to Canada to attend university. On January 27, 2013, after completing her studies, Cassidy decided to remain in Canada on a permanent basis. To help her daughter settle in Canada, Tiffany made numerous visits to Canada in 2013 to see Cassidy. Tiffany visited her daughter from January 15 to March 15, and from May 10 to August 31. Required Determine if Tiffany and Cassidy are liable for Part I tax on their worldwide income for 2013, and justify your answer. Explain clearly the 2013 tax consequences for each. Solution Cassidy is a canadian citizen as she was born in canada & she was also residing in canada for the whole year 2013 and also decided to remain in canada on permanent basis on Jan,27 2013. Her income will be taxed as per the canadian laws. For Tiffany MacGrew he resided in canada for 2 month (Jan15 to March 15) and may 10 to Aug 31 i.e. for 112 days . that means a total of 171 days. As his purpose was not to reside permanently in canada & he resided there for less than 180 days he will not be taxed in canada on total income. If any income has been earned in canada during his stay then his income in canada will be taxed in canada. .

Canadian Income Tax Question Tiffany MacGraw- a Canadian citizen- left.docx

mmary455

Plus de mmary455 (20)