81. A bank statement includes: A. A list of outstanding checks. B. A list of petty cash amounts. C. The beginning and the ending balance of the depositor’s account. D. A listing of deposits in transit. E. All of these. 82. For which item does a bank NOT issue a debit memorandum? A. To notify a depositor of all withdrawals through an ATM. B. To notify a depositor of a fee assessed to […]
131. Tanner Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000 in 2007. The weighted average number of shares outstanding in 2007 was 50,000 shares. Banner Corporation’s common stock is selling for $50 per share on the New York Stock Exchange.Tanner Corporation’s price-earnings ratio is A. 10 times.B. 5 times.C. 2 times.D. 8 times. 132. A company that is leveraged is one that A. contains debt financing.B. contains equity […]
71. A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the year of its useful life using the double-declining-balance method? A. $500 B. $800 C. $864 D. $1,000 E. $1,080 72. A company purchased a rope-braiding machine for $190,000. The machine has a […]
195. Financial information for Sigma Company is presented below.Calculate the following ratios for 2016:(a) Inventory turnover.(b) Accounts receivable turnover.(c) Return on total assets.(d) Times interest earned.(e) Total asset turnover. 2016 2015 Assets: Cash………………………. $ 18,000 $ 22,000 Marketable securities……………. 25,000 0 Accounts receivable……………… 38,000 42,000 Inventory……………………. 61,000 52,000 Prepaid insurance………………. 6,000 9,000 Long-term investments…………… 49,000 20,000 Plant assets, net……………….. 218,000 […]
187.The unadjusted trial balance of Barber Housekeeping Service is entered on the partial work sheet below. Barber Housekeeping ServiceWork SheetFor the year ended December 31 AccountUnadjusted Trial BalanceAdjustmentsAdjusted Trial BalanceIncome StatementBalance Sheet and Statement of Owner’s Equity DebitCreditDebitCreditDebitCreditDebitCreditDebitCredit Cash50,000 Accounts Receivable10,000 Supplies8,000 Automobiles160,000 Accum. Depr.—Autos55,000 Accounts payable37,000 Salaries payable C. Barber, Capital55,000 C. Barber, Withdrawals45,000 Fees earned275,400 Salary expense125,000 Rent expense24,400 Advertising expense Supplies […]
125. A company uses a sales journal, purchases journal, cash receipts journal, cash disbursements journal, and general journal. A perpetual inventory system is used. The following transactions were completed by the company during the current month of October: Oct. 3 Sold merchandise for $6,000 to the South Corp. on credit, invoice no. 1122. Cost of the goods sold is $3,900. 6 Sold a piece […]
49.Marty’s Metal Shop uses a job order cost system. It applies overhead to jobs at a rate of 175% of direct labor costs. Job No. 2617 required $800 in direct labor costs. The job was initially budgeted to require $850 in direct labor costs. Overhead applied to Job No. 2617 during the period amounted to: A. $850. B. $1,400. C. $1,275. D. Some other […]
31. Milton Company has three departments occupying the following amount of floor space: How much store rent should be allocated to Department 2 if total rent is equal to $100,000? A. $25,000 B. $50,000 C. $20,000 D. None of the other answers are correct. 32. Select the incorrect statement from the following. A. The cost object determines whether a cost is classified as direct or indirect. B. The same cost cannot […]
41. RM Company, a manufacturer, has provided the following information pertaining to its recent year of operation: ? Net income, $300,000; ? Accounts payable increased $24,000; ? Prepaid rent decreased $10,000; ? Depreciation expense was $35,000; ? Accounts receivable increased $34,000; ? Gain on sale of a building was $11,000; ? Wages payable decreased $21,000; ? Unearned revenue increased $44,000. How much was RM’s net […]
116.Use the following information to calculate cash received from dividends: Dividends revenue$29,800 Dividends receivable, January 12,600 Dividends receivable, December 313,400 A. $26,400. B. $29,000. C. $29,800. D. $30,600. E. $32,400. 117.Use the following information to calculate cash received from dividends: Dividends revenue$63,500 Dividends receivable, January 13,600 Dividends receivable, December 313,100 A. $63,500. B. $63,000. C. $64,000. D. $67,100. E. $60,400. 118.Analysis reveals that a company had a net increase […]
Write a Java application that initializes an array with the following numbers, in this order:
23, 17, 5, 90, 12, 44, 38, 84, 77, 3, 66, 55, 1, 19, 37, 88, 8, 97, 25, 50, 75, 61, and 49
Then display the unsorted values. This is required output #1 of 6 for this program.
Using a sequential search of the unsorted array, determine and report the 1-relative (i.e. 1, 2, 3, 4, etc.)
positions of the following numbers in the array
and the number of searches required to locate the numbers: 25, 30, 50, 75, and 92.
This is required output #2 of 6.
Then display the total number of searches for all five numbers.
Sort the numbers using any algorithm of your choice and then display the sorted array. This is required output #4 of 6.
Using a binary search of the sorted array, determine and report the 1-relative positions of the following numbers in the array
(or -1 if not found), and the number of searches required to locate the numbers: 25, 30, 50, 75, and 92.
This is required output #5 of 6.
Finally, display the total number of searches for all five numbers. This is required output #6 of 6.
Try to create an object-oriented solution for your solution vs. a procedural one.
For example, you might have a class that stores an array passed by a driver class,
with methods for sorting the array, searching the array via a sequential search, searching the array via a binary search,
and output the current contents of the array.
The driver class could not only pass in the initial array values but call various methods
to perform the searches, sorting, and array contents display.
You may use any output type class you want (e.g. Scanner, JOptionPane)
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