Question FT Inc. estimated its allowance for uncollectible accounts at 2% of the ending balance of accounts receivable. During 2017, the company's credit sales amounted to $259,000 and cash collected amounted to $242,000. Determine the balance of accounts receivables on January 1, 2017, if accounts receivable written off during the year were $1050 and if the allowance account had a balance of $1,550 on December 31, 2017? a. $17,000 b. $77,500 c. $16,500 d. $15,450

Billingham Packaging is considering expanding its production capacity by purchasing a new machine, the XC-750. The cost of the XC-750 is $2.75 million. Unfortunately, installing this machine will take several months and will partially disrupt production. The firm has just completed a $50,000 feasibility study to analyze the decision to buy the XC-750, resulting in the following estimates: ■ Marketing: Once the XC-750 is operating next year, the extra capacity is expected to generate $10 million per year in additional sales, which will continue for the 10-year life of the machine. ■ Operations: The disruption caused by the installation will decrease sales by $5 million this year. Once the machine is operating next year, the cost of goods for the products produced by the XC-750 is expected to be 70% of their sale price. The increased production will require additional inventory on hand of $1 million to be added in year 0 and depleted in year 10. ■ Human Resources: The expansion will require additional sales and administrative personnel at a cost of $2 million per year. ■ Accounting: The XC-750 will be depreciated via the straight-line method over the 10-year life of the machine. The firm expects receivables from the new sales to be 15% of revenues and payables to be 10% of the cost of goods sold. Billingham’s marginal corporate tax rate is 35%. a. Determine the incremental earnings from the purchase of the XC-750 (10 marks). b. Determine the free cash flow from the purchase of the XC-750. (10 marks) c. If the appropriate cost of capital for the expansion is 10%, compute the NPV of the purchase. (10 marks) d. While the expected new sales will be $10 million per year from the expansion, estimates range from $8 million to $12 million. What is the NPV in the worst case? In the best case? (10 marks) e. What is the break-even level of new sales from the expansion? What is the break-even level for the cost of goods sold? (5 marks) f. Billingham could instead purchase the XC-900, which offers even greater capacity. The cost of the XC-900 is $4 million. The extra capacity would not be useful in the first two years of operation, but would allow for additional sales in years 3–10. What level of additional sales (above the $10 million expected for the XC-750) per year in those years would justify purchasing the larger machine? (5 marks)

Mr. Smith has saved $1,800 each year for 20 years. A year after the saving period ended, Mr. Smith withdrew $7,500 each year for a period of 5 years. In the sixth and seventh years, he only withdrew $5,000 per year. In the eighth year, he decided to withdraw the remaining money in his account. If the interest rate was 6% per year throughout the whole period, what was the amount he withdrew at the end of the eighth year? w

Please write each number in front of the resultthank you. Shelly and Kelly Macdonald met up with Sarah and Tara MacNeill to go fishing in Cape Breton. They found two pools in a stream containing speckled trout (assume equal variance), with the Macdonalds at one pool and the MacNeills at the other, and at the end of the day each team had caught (and released unharmed) 5 fish. For each fish they recorded the length and weight, and the data on length (in cm) is summarized below (Give the answers to 2 places past decimal) Team Mean Sed. Dev Macdonald 19 1.4 MacNeill 2141 2 a.) To test whether or not the fish have the same mean size in the two pools, the null hypothesis will be: HO: 11-42 -2.41 HO: -2 -2.41 HO: 12-0 HO: -20 Tries 0/1 b.) The alternative hypothesis for this test will be: Ha: 1-2.-241 Ha1.22.41 Ma120 Hai 1-120 Tres 0/1 c.) What in the pooled estimate of the variance? ** Trys d.) Compute the value of the test statistic WOH Tries 0/5 e) Find bounds on the value for the test. P<.001 01 <P < .05 05 P1 P>.1 f) Is there statistically significant evidence against HO at a = 0.05 ? Yes No Not enough information to decide #*** Tries 0/1 g.) Calculate the 95% confidence interval for the difference in mean length Lower: Upper:

Shelly and Kelly Macdonald met up with Sarah and Tara MacNeill to go fishing in Cape Breton. They found two pools in a stream containing speckled trout (assume equal variance), with the Macdonalds at one pool and the MacNeills at the other, and at the end of the day each team had caught (and released unharmed) 5 fish. For each fish they recorded the length and weight, and the data on length (in cm) is summarized below (Give the answers to 2 places past decimal) Team Macdonald MacNeill Mean 18.1 20.35 Std.Dev 1.4 1.9 a.) To test whether or not the fish have the same mean size in the two pools, the null hypothesis will be: HO: 1-X 2 = -2.25 HO: p1-y2 = -2.25 HO: X 1-8 2 = 0 HO: 1-2 = 0 # Tries 0/1 b.) The alternative hypothesis for this test will be: Ha: * 1- 2 = -2.25 Ha: p1-12 + -2.25 Ha: 81-X 2 = 0 Ha: p1-42 = 0 1236 Tries 0/1 c.) What is the pooled estimate of the variance? 1202 Tries 0/5 d.) Compute the value of the test statistic. 1 Tries 0/5

Part A The post is made of Douglas fir and has a diameter of 100 mm (Figure 1) It is subjected to the load of 20 kN and the soil provides a frictional resistance distributed around the post that is triangular along its sides that is, it varies from w=0 kN/mat y=0 m to w= 15 kN/m at y = 2 m. Neglect the weight of the post Determine the force at its bottom needed for equilibrium Express your answer to three significant figures and include appropriate units. HÅ ? Value Units Submit Request Answer Figure 1 of 1 Part B 20KN What is the displacement of the top of the post with respect to a bottom B? Express your answer to three significant figures and include appropriato unito, ? 2 m 0 = Value Units 12 kN/m Submit Request Answer

a hockey puck moving at 7.0 m/s coasts to a halt in 75m on a smooth ice surface. What is the coefficient of friction between the ice and the puck?