Question & Answer

What is the technical difference between mixing and blending in powder metallurgy?

Are all capital gains (gains on the sale or disposition of capital assets) taxed at the same rate?Explain.

What is a flow-through entity, and what effect does this designation have on how business entities and their owners are taxed?

Use the information presented in BE5-14 for Martinez Corporation to compute the net cash used (provided) by financing activities.

During a tensile test in which the starting gage length = 125.0 mm and the cross-sectional area = 62.5 mm2 , the following force and gage length data are collected (1) 17,793 N at 125.23 mm, (2) 23,042 N at 131.25 mm, (3) 27,579 N at 140.05 mm, (4) 28, 913 N at 147.01 mm, (5) 27,578 N at 153.00 mm, and (6) 20,462 N at 160.10 mm. The maximum load is 28,913 N and the final data point occurred immediately prior to failure. (a) Plot the engineering stress strain curve. Determine (b) yield strength, (c) modulus of elasticity, and (d) tensile strength.

In choosing a trial-level court, how should a court’s previous rulings influence the choice?  How should circuit court rulings influence the taxpayer’s choice of a trial-level court?

An orthogonal machining operation removes metal at 1.8 in3 /min. The cutting force in the process = 300 lb. The work material has a thermal diffusivity = 0.18 in2 /sec and a volumetric specific heat = 124 in-lb/in3 -F. If the feed f = to = 0.010 in and width of cut = 0.100 in, use the Cook formula to compute the cutting temperature in the operation given that ambient temperature = 70°F.

What are some of the important welding defects?

Name the four subsystems in a RAM EDM process.

An L-shaped part is to be bent in a V-bending operation on a press brake from a flat blank 4.0 in by 1.5 in that is 5/32 in thick. The bend of 90° is to be made in the middle of the 4-in length. (a) Determine the dimensions of the two equal sides that will result after the bend, if the bend radius = 3/16 in. For convenience, these sides should be measured to the beginning of the bend radius. (b) Also, determine the length of the part's neutral axis after the bend. (c) Where should the machine operator set the stop on the press brake relative to the starting length of the part?

For the steel ring of preceding Problem 11.10(b), determine the volume of molten metal that must be poured into the mold, given that the liquid shrinkage is 0.5%, solidification shrinkage = 3%, and solid contraction after freezing = 7.2%

1.       During times of significant organizational change, such as downsizing or a pandemic, the grapevine becomes more active as anxious employees share organizational news and rumors. As a manager, what communication strategies would you employ during a time of uncertainty in the workplace? What are the advantages and disadvantages of gossip during a time of uncertainty?

with corporate headquarters in Pittsburgh, Pennsylvania, is one of the largest producers, transporters, distributors, and marketers of natural gas in North America. Periodically, the company experiences a decrease in the value of its gas- and oil-producing properties,and a special charge to income was recorded in order to reduce the carrying value of those assets. Assume the following information. In 2013, CNG estimated the cash inflows from its oil- and gasproducing properties to be $375,000 per year. During 2014, the write-downs described above caused the estimate to be decreased to $275,000 per year. Production costs (cash outflows) associated with all these properties were estimated to be $125,000 per year in 2013, but this amount was revised to $155,000 per year in 2014. Instructions (Assume that all cash flows occur at the end of the year.) (a) Calculate the present value of net cash flows for 2013–2015 (three years), using the 2013 estimates and a 10% discount factor. (b) Calculate the present value of net cash flows for 2014–2016 (three years), using the 2014 estimates and a 10% discount factor. (c) Compare the results using the two estimates. Is information on future cash flows from oil- and gasproducing properties useful, considering that the estimates must be revised each year? Explain.

1. Assume that you wanted the following information. In which cases could you (i) buy perfect information, (ii) buy imperfect information, (iii) be able to obtain information without paying for it, (iv) not be able to obtain information? (a)  Which washing machine is the most reliable? (b)  Which of two vacant jobs is more satisfying? (c)  Which builder will repair my roof most cheaply? (d)  Which builder is best value for money? (e)  How big a mortgage would it be wise for me to take out? (f)   Should I take a degree or get a full-time job? (g)  What brand of washing powder washes whiter? (h)  Will a house need any work done on it over the next few years? In which cases are there non-monetary costs to you of finding out the information? How can you know whether the information you acquire is accurate or not? 2. Make a list of pieces of information a firm might want to know, and consider whether it could buy the information and how reliable that information might be. 3. What has been the impact of the Internet on the provision of information?

Assume that breaking news causes bond portfolio managers to suddenly expect much higher economic growth. How might bond prices be affected by this expectation? Explain. Now assume that breaking news causes bond portfolio managers to suddenly anticipate a recession. How might bond prices be affected? Explain. (LO2)

How will the composition of aggregate demand at point c\" and a\" in Figure 21.12(c) differ?

Hawkins Corporation has the following balances at December 31, 2014. Projected benefi t obligation $2,600,000 Plan assets at fair value 2,000,000 Accumulated OCI (PSC) 1,100,000 How should these balances be reported on Hawkins’s balance sheet at December 31, 2014?

Kobestrongly dislikes SUVs and is appalled that so many are on the road.  He proposes to eliminate the federal income tax and replace it with a $50,000 annual tax per SUV.  Based on the number of SUVs currently owned in the United States, he estimates the tax will generate exactly the amount of tax revenue currently collected from the income tax.  What is wrong with Kobe’s proposal?  What type of forecasting is Kobelikely using?

Based on the analysis in Figure 21.13, what would an impulse response function look like for the rate of inflation?

Dustin has a contract to provide services to Dado Enterprises. In November of this year, Dustin billed Dado $10,000 for the services he rendered during the year. Dado is an accrual-method proprietorship that is owned and operated by Dustin’s father.  a) What amount of revenue must Dustin recognize this year if Dustin uses the cash method and Dado remits payment and Dustin receives payment for the services in December of this year? What amount can Dado deduct this year? b) What amount of revenue must Dustin recognize this year if Dustin uses the accrual method, and Dado remits payment for the services in December of this year? What amount can Dado deduct this year? c) What amount of revenue must Dustin recognize this year if Dustin uses the cash method and Dado remits payment for the services in January of next year? What amount can Dado deduct this year? d) What amount of revenue must Dustin recognize this year if Dustin uses the accrual method and Dado remits payment for the services in January of next year? What amount can Dado deduct this year?

1. Explain the shape of the LRMC curve in diagram (d) in Figure 6.12. 2. What would the LRMC curve look like if the LRAC curve were ‘flat bottomed’ as in Figure 6.11?

What are the most common legal entities used for operating a business? How are these entities treated similarly and differently for state law purposes?

Differentiate between the direct method and the indirect method by discussing each method.

A critic recently stated that the creation of credit default swaps caused the credit crisis in the 2008–2009 period. Write a short essay that supports or refutes this statement.

The information below pertains to Barkley Company for 2015. Net income for the year $1,200,000 7% convertible bonds issued at par ($1,000 per bond); each bond is convertible into 30 shares of common stock 2,000,000 6% convertible, cumulative preferred stock, $100 par value; each share is convertible into 3 shares of common stock 4,000,000 Common stock, $10 par value 6,000,000 Tax rate for 2015 40% Average market price of common stock $25 per share There were no changes during 2015 in the number of common shares, preferred shares, or convertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in a prior year) to purchase 75,000 shares of common stock at $20 per share. Instructions (a) Compute basic earnings per share for 2015. (b) Compute diluted earnings per share for 2015.