Answer:
Explanation:
CODE:
import java.io.*;
class Test
{
public static void main(String[] args) {
File file = new File("input.txt");
try{
BufferedReader b = new BufferedReader(new FileReader(file));
String line;
while ((line = b.readLine()) != null)
{
for(int i=0;i<line.length();i++)
{
char c=line.charAt(i);
if((c>='A' && c<='Z') || (c>='a' && c<='z') || (c>='0' && c<='9')) //check if char is digit or alphabet
System.out.print(c);
else
System.out.println("\n"+c);
}
}
}
catch(Exception e)
{
System.out.println(e);
}
}
}
Answer:
Clayborn Company
The adjusted cash account balance (debit) should be:
$23,150
Explanation:
a) Data and Calculations:
Cash account balance (debit) $24,525
Bank Statement balance $21,800
Reconciliation issues:
Deposit in transit $ 7,450
Outstanding checks $ 6,100
Bank service fees, not yet recorded by company $ 100
A NSF check from a customer, not yet recorded by the company $ 1,275
b) Adjusted Cash balance:
Cash account balance (debit) $24,525
NSF check (1,275)
Bank service fees (100)
Adjusted cash balance (debit) $23,150
c) Adjusted Bank Statement balance:
Bank Statement balance $21,800
Deposit in transit 7,450
Outstanding checks (6,100)
Adjusted bank statement $23,150
The adjusted cash balance is calculated by adjusting the company's book balance for deposits in transit and outstanding checks, and then subtracting the bank service fees and the amount of the NSF check. The final adjusted cash balance for Clayborn Company on May 31 is $24,500.
To determine the adjusted cash balance for Clayborn Company, we must consider the cash balance according to the company's books, the deposit in transit, the outstanding checks, the bank service fee, and the NSF check. The books report a debit balance of $24,525, but we need to adjust this amount for the deposit in transit and the outstanding checks. Adding the deposit in transit of $7,450 gives us $31,975. Subtracting the outstanding checks of $6,100 results in an adjusted balance of $25,875.
Next, we have to account for the bank service fees and the NSF check from a customer, both of which were not yet recorded by the company. The bank service fees of $100 and the NSF check of $1,275 decrease our balance, so subtracting these from the $25,875 gives us the final adjusted cash balance of $24,500.
#SPJ3
Answer:
The adjusted tax loss of the group is $11000
Find detailed computation in the attached spreadsheet.
Explanation:
The the tax loss of the of parent company X needs to be adjusted for inter-company dividends of $10000.By eliminating the dividends,the loss becomes $130,000.
On other hand,the profit of company Y needs to be adjusted as well for 70% dividends-received deduction,by eliminating 70% of $30000 dividends received, which amounts to $21000.
By deducting the $21000 from $140000 taxable income,taxable income drops to $119000.
On aggregation, the adjusted tax loss of parent and adjusted taxable income of subsidiary gives $11000 tax loss.
Answer:
$155 per unit
Explanation:
Calculation for what The absorption costing unit product cost was:
Using this formula
Absorption costing unit product cost = Direct material + Direct labour + Variable manufacturing overheads + (Fixed manufacturing overheads / Number of units produced)
Let plug in the formula
Absorption costing unit product cost = $60+ $54+ $4 + ( $ 236,800/6,400 )
Absorption costing unit product cost =$60+ $54+ $4 + $37
Absorption costing unit product cost = $155 per unit
Therefore The absorption costing unit product cost was:$155 per unit
Answer:
19.27%
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-51,400
Cash flow each year from year 1 to 5 = $16,910
IRR = 19.27%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Depletion is the process of allocating the cost of natural resources to the period when it is consumed.
Depletion can be regarded the lowering down in the level of quantity of a thing or an element, generally due to consumption, in such a way that a few costs are incurred upon such lowered quantity-levels.
In simple words, depletion can be regarded as the incurring of costs upon the reduction of a quantity of something. In the above case, the quantity of natural resources is reduced, causing depletion.
Hence, option A holds true regarding depletion.
Learn more about depletion here:
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Answer:
Instructions are below.
Explanation:
Giving the following information:
Department A:
Direct labor cost= $60,000
Manufacturing overhead= $90,000
Department B:
Manufacturing overhead= $45,000
Machine-hours= 2,000
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Department A:
Predetermined manufacturing overhead rate= 90,000/60,000
Predetermined manufacturing overhead rate= $1.5 per direct labor dollar
Department B:
Predetermined manufacturing overhead rate= 45,000/2,000= $22.4 per machine-hour