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NEW QUESTION: 1
The entity had sales for the period of:
A. US $891,667
B. US $1,188,890
C. US $1,100,000
D. US $1,466,667
Answer: B
Explanation:
Gross profit equals 30% of sales. Thus, dividing gross profit by 30% yields sales. Gross profit equals profit before interest and tax PBIT plus administrative expense given as US $40,000) and depreciation US $500,000 fixed assets 10 years = US $50,000). Interest equals 10% of the long-term debt, or US $100,000 x 10%). Profit before tax equals US $166,667 [$100,000 profit -1.0 - 40% tax rate)]. Hence, PBIT must equal US $266,667$166,667 + $100,000), and gross profit must be US $356,667$266,667 PBIT+$40,000 administrative expense + $50,000 depreciation). Sales is therefore US $1,118,890$356,667 gross profit - 30% gross profit rate). At the end of the accounting period, an entity has the partially completed financial statements shown as follows.

NEW QUESTION: 2
Which of the following statements is false? (Choose One)
A. The name of a page may not derive from system-created pages with reserved names and purposes
B. Page properties can consist of an ordered list of unique property names
C. pyWorkPage page is a common clipboard page that contains information created during the processing of a work item
D. Threads contain information about a requestor's sessions and associated thread(s), the application they are accessing, its context, the operator and their organization
Answer: B

NEW QUESTION: 3
A firm is considering a project whose estimated cash flows have indicated a payback period of 3.68 years.
It requires an initial outlay of $1,000 and has end-of-year cash flows of $350, $270 and $225 in the first 3 years. The firm's marginal discount rate is 9%. The project's projected cash flow for year 4 equals
________.
A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The payback period is defined as the expected number of years that would be required to recover the original investment. In particular, Payback period = Years before full recovery + (unrecovered cost at the start of payback year)/(net cash flow in the payback year) In this case, the recovery occurs in the 3rd year.
At the beginning of the 3rd year, the unrecovered cost equals 1,000 - 350 - 270 - 225 = 155. If total cash flow in the 4th year equals C, then payback period = 3 + 155/C = 3.68 years. Solving for C gives C = 228.
Note that the discount rate does not figure in the calculation of payback period.

NEW QUESTION: 4
A corporation has a Cisco Unified Wireless Network that has been deployed for voice coverage. The wireless data rates have been tuned to mandatory rates of 18 Mbps and 36 Mbps. Some wireless clients have been experiencing drops streaming multicast video while moving throughout the building. What is the cause of the drop in video?
A. Clients are connected at 18Mbps; however, other clients are connecting at 12Mbps and are causing the multicast video to degrade.
B. Clients are roaming at lower data rates and are not maintaining 36Mbps connectivity.
C. Clients are maintaining a 12Mbps rate and cannot receive the stream at 18Mbps.
D. Clients are not roaming due to coverage. This is causing the multicast data to drop due to the client re-associating often.
Answer: B