need assistance questions 5 6 7 and 8 only

Print Assignment: Assignment: Week 2 Assignment ::true function doOnload() { window.focus(); } function doOnunload() {} Description / Instructions: Complete the following Week 2 Assignment in WileyPLUS: * Problem 8-3A * Brief Exercise 9-11 * DO IT! 9-5 * Exercise 9-7 * Exercise 9-8 * BYP 9-1 * BYP 9.2 * Problem 9-2A var tablesArray = new Array(); var changeValueLabelsArray = new Array(); function hideTablesForPreview(){ } Brief Exercise 9-11 var qID = "quest2377694entrance1"; var qIDselected_question = "quest2377694"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId;e width="240px"; height= el==null ? "48px" : "130px"; } } // Question 1 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,o [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $965.8; land $221.6; patents and trademarks (at cost) $515.1; machinery and equipment $2,094.3; buildings $974; goodwill (at cost) $193.5; accumulated amortization $47.7; and accumulated depreciation $2,298. Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Equipment.) NIKE, INC. Partial Balance Sheet As of May 31, 2014 (in millions) $ $ : $ : Warning Don't show me this message again for the assignment Ok Cancel Do It! Review 9-5 var qID = "quest2377704entrance1"; var qIDselected_question = "quest2377704"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId;k width="240px"; height= el==null ? "48px" : "130px"; } } // Question 2 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class, [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Match the statement with the term most directly associated with it. 1. Rights, privileges, and competitive advantages that result from the ownership of long-lived assets that do not possess physical substance. 2. The allocation of the cost of an intangible asset to expense in a rational and systematic manner. 3. A right to sell certain products or services, or use certain trademarks or trade names within a designated geographic area. 4. Costs incurred by a company that often lead to patents or new products. These costs must be expensed as incurred. 5. The excess of the cost of a company over the fair value of the net assets required. Warning Don't show me this message again for the assignment Ok Cancel Exercise 9-7 var qID = "quest2377714entrance1"; var qIDselected_question = "quest2377714"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId;" width="240px"; height= el==null ? "48px" : "130px"; } } // Question 3 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,e [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Wang Co. has delivery equipment that cost $50,000 and has been depreciated $24,000. Record entries for the disposal under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a)It was scrapped as having no value. (b)It was sold for $37,000. (c)It was sold for $20,000. No. Account Titles and Explanation Debit Credit (a) (b) (c) Warning Don't show me this message again for the assignment Ok Cancel Exercise 9-8 var qID = "quest2377715entrance1"; var qIDselected_question = "quest2377715"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId; width="240px"; height= el==null ? "48px" : "130px"; } } // Question 4 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,k [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Here are selected 2014 transactions of Cleland Corporation. Jan. 1Retired a piece of machinery that was purchased on January 1, 2004. The machine cost $62,000 and had a useful life of 10 years with no salvage value. June 30Sold a computer that was purchased on January 1, 2012. The computer cost $36,000 and had a useful life of 3 years with no salvage value. The computer was sold for $5,000 cash. Dec. 31Sold a delivery truck for $9,000 cash. The truck cost $25,000 when it was purchased on January 1, 2011, and was depreciated based on a 5-year useful life with a $4,000 salvage value. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Cleland Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (To record depreciation expense for the first 6 months of 2014) (To record depreciation expense for the year 2014) Warning Don't show me this message again for the assignment Ok Cancel Broadening Your Perspective 9-1 var qID = "quest2377756entrance1"; var qIDselected_question = "quest2377756"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId;C width="240px"; height= el==null ? "48px" : "130px"; } } // Question 5 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,r [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // The financial statements of Tootsie Roll are presented below. TOOTSIE ROLL INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF Earnings, Comprehensive Earnings and Retained Earnings (in thousands except per share data) For the year ended December 31, 201120102009 Net product sales $528,369$517,149$495,592 Rental and royalty revenue4,1364,2993,739 Total revenue532,505 521,448 499,331 Product cost of goods sold365,225349,334319,775 Rental and royalty cost1,0381,088852 Total costs366,263 350,422 320,627 Product gross margin163,144167,815175,817 Rental and royalty gross margin3,0983,2112,887 Total gross margin166,242 171,026 178,704 Selling, marketing and administrative expenses108,276106,316103,755 Impairment charges——14,000 Earnings from operations57,966 64,710 60,949 Other income (expense), net2,946 8,358 2,100 Earnings before income taxes60,912 73,068 63,049 Provision for income taxes16,974 20,005 9,892 Net earnings$43,938 $53,063 $53,157 Net earnings$43,938$53,063$53,157 Other comprehensive earnings (loss)(8,740)1,1832,845 Comprehensive earnings$35,198 $54,246 $56,002 Retained earnings at beginning of year.$135,866$147,687$144,949 Net earnings43,93853,06353,157 Cash dividends(18,360)(18,078)(17,790) Stock dividends(47,175)(46,806)(32,629) Retained earnings at end of year$114,269 $135,866 $147,687 Earnings per share$0.76$0.90$0.89 Average Common and Class B Common shares outstanding 57,89258,68559,425 (The accompanying notes are an integral part of these statements.) CONSOLIDATED STATEMENTS OF Financial Position TOOTSIE ROLL INDUSTRIES, INC. AND SUBSIDIARIES (in thousands except per share data) AssetsDecember 31, 20112010 CURRENT ASSETS: Cash and cash equivalents$78,612$115,976 Investments10,8957,996 Accounts receivable trade, less allowances of $1,731 and $1,53141,89537,394 Other receivables3,3919,961 Inventories: Finished goods and work-in-process42,67635,416 Raw materials and supplies29,08421,236 Prepaid expenses5,0706,499 Deferred income taxes578689 Total current assets212,201 235,167 PROPERTY, PLANT AND EQUIPMENT, at cost: Land21,93921,696 Buildings107,567102,934 Machinery and equipment322,993307,178 Construction in progress2,598 9,243 455,097 440,974 Less—Accumulated depreciation242,935 225,482 Net property, plant and equipment212,162 215,492 OTHER ASSETS: Goodwill73,23773,237 Trademarks175,024175,024 Investments96,16164,461 Split dollar officer life insurance74,20974,441 Prepaid expenses3,2126,680 Equity method investment3,9354,254 Deferred income taxes7,7159,203 Total other assets433,493 407,300 Total assets$857,856 $857,959 Liabilities and Shareholders’ EquityDecember 31, 20112010 CURRENT LIABILITIES: Accounts payable$10,683$9,791 Dividends payable4,6034,529 Accrued liabilities43,06944,185 Total current liabilities58,355 58,505 NONCURRENT LIABILITES: Deferred income taxes43,52147,865 Postretirement health care and life insurance benefits26,10820,689 Industrial development bonds7,5007,500 Liability for uncertain tax positions8,3459,835 Deferred compensation and other liabilities48,09246,157 Total noncurrent liabilities133,566 132,046 SHAREHOLDERS’ EQUITY: Common stock, $.69-4/9 par value—120,000 shares authorized—36,479 and 36,057 respectively, issued25,33325,040 Class B common stock, $.69-4/9 par value—40,000 shares authorized—21,025 and 20,466 respectively, issued14,60114,212 Capital in excess of par value533,677505,495 Retained earnings, per accompanying statement114,269135,866 Accumulated other comprehensive loss(19,953)(11,213) Treasury stock (at cost)—71 shares and 69 shares, respectively(1,992)(1,992) Total shareholders’ equity665,935 667,408 Total liabilities and shareholders’ equity$857,856 $857,959 TOOTSIE ROLL INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF Cash Flows (in thousands) For the year ended December 31, 201120102009 CASH FLOWS FROM OPERATING ACTIVITIES: Net earnings$43,938$53,063$53,157 Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation19,22918,27917,862 Impairment charges— — 14,000 Impairment of equity method investment — — 4,400 Loss from equity method investment 194342233 Amortization of marketable security premiums 1,267522320 Changes in operating assets and liabilities: Accounts receivable (5,448)717(5,899) Other receivables 3,963(2,373)(2,088) Inventories (15,631)(1,447)455 Prepaid expenses and other assets 5,1064,9365,203 Accounts payable and accrued liabilities 842,180(2,755) Income taxes payable and deferred (5,772)2,322(12,543) Postretirement health care and life insurance benefits 2,0221,4291,384 Deferred compensation and other liabilities 2,1462,5252,960 Others (708)310305 Net cash provided by operating activities50,390 82,805 76,994 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures (16,351)(12,813)(20,831) Net purchase of trading securities (3,234)(2,902)(1,713) Purchase of available for sale securities (39,252)(9,301)(11,331) Sale and maturity of available for sale securities 7,6808,20817,511 Net cash used in investing activities (51,157)(16,808)(16,364) CASH FLOWS FROM FINANCING ACTIVITIES: Shares repurchased and retired (18,190)(22,881)(20,723) Dividends paid in cash (18,407)(18,130)(17,825) Net cash used in financing activities (36,597)(41,011)(38,548) Increase (decrease) in cash and cash equivalents(37,364)24,98622,082 Cash and cash equivalents at beginning of year115,97690,99068,908 Cash and cash equivalents at end of year$78,612$115,976$90,990 Supplemental cash flow information Income taxes paid $16,906$20,586$22,364 Interest paid $38$49$182 Stock dividend issued $47,053$46,683$32,538 (The accompanying notes are an integral part of these statements.) Notes to Consolidated Financial Statements ($ in thousands) PROPERTY, PLANT AND EQUIPMENT: Depreciation is computed for financial reporting purposes by use of the straight-line method based on the useful lives of 20 to 35 years for building and 5 to 25 years for machinery and equipment. Depreciation expenses was $19,229, $18,279 and $17,862 in 2011, 2010 and 2009, respectively. Goodwill and intangible assets: In accordance with authoritative guidance, goodwill and intangible assets with indefinite lives are not amortized, but rather tested for impairment at least annually unless certain interim triggering events or circumstances require more frequent testing. All trademarks have been assessed by management to have indefinite lives because they are expected to generate cash flows indefinitely. The Company has completed its annual impairment testing of its goodwill and trademarks at December 31 of each of the years presented. As of December 31, 2009, management ascertained that certain trademarks were impaired, and recorded a pre-tax charge of $14,000. No impairments of intangibles were recorded in 2011 and 2010. This determination is made by comparing the carrying value of the asset with its estimated fair value, which is calculated using estimates including discounted projected future cash flows. If the carrying value of goodwill exceeds the fair value, a second step would measure the carrying value and implied fair value of goodwill. Management believes that all assumptions used for the impairment tests are consistent with those utilized by market participants performing similar valuations. Answer the following questions. Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,h [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // What were the total cost and book value of property, plant, and equipment at December 31, 2011? (Enter the amounts in thousands.) Total cost$ Book value$ Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,n [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // What was the amount of depreciation expense for each of the 3 years 2009–2011? (Hint: Use the statement of cash flows.) (Enter the amounts in thousands.) Depreciation 2009$ 2010$ 2011$ Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,y [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased (capital expenditures) in 2011 and 2010? (Enter the amounts in thousands.) 20112010 Property, plant, and equipment purchased Warning Don't show me this message again for the assignment Ok Cancel Broadening Your Perspective 9-2 var qID = "quest2377758entrance1"; var qIDselected_question = "quest2377758"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId;_ width="240px"; height= el==null ? "48px" : "130px"; } } // Question 6 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,{ [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // The financial statements of The Hershey Company and Tootsie Roll are presented below. THE HERSHEY COMPANY CONSOLIDATED STATEMENTS OF INCOME For the years ended December 31,201120102009 In thousands of dollars except per share amounts Net Sales$6,080,788 $5,671,009$5,298,668 Costs and Expenses: Cost of sales3,548,8963,255,8013,245,531 Selling, marketing and administrative1,477,7501,426,4771,208,672 Business realignment and impairment (credits) charges, net(886)83,43382,875 Total costs and expenses5,025,760 4,765,7114,537,078 Income before Interest and Income Taxes1,055,028 905,298761,590 Interest expense, net92,183 96,43490,459 Income before Income Taxes962,845 808,864671,131 Provision for income taxes333,883 299,065235,137 Net Income$628,962 $509,799$435,994 Net Income Per Share—Basic—Class B Common Stock$2.58 $2.08$1.77 Net Income Per Share—Diluted—Class B Common Stock$2.56 $2.07$1.77 Net Income Per Share—Basic—Common Stock$2.85 $2.29$1.97 Net Income Per Share—Diluted—Common Stock$2.74 $2.21$1.90 Cash Dividends Paid Per Share: Common Stock$1.3800$1.2800$1.1900 Class B Common Stock1.25001.16001.0712 The notes to consolidated financial statements are an integral part of these statements and are included in the Hershey's 2011 Annual Report, available at www.thehersheycompany.com. THE HERSHEY COMPANY CONSOLIDATED BALANCE SHEETS December 31,20112010 In thousands of dollars ASSETS Current Assets: Cash and cash equivalents$693,686$884,642 Accounts receivable—trade399,499390,061 Inventories648,953533,622 Deferred income taxes136,86155,760 Prepaid expenses and other167,559 141,132 Total current assets2,046,5582,005,217 Property, Plant and Equipment, Net1,559,7171,437,702 Goodwill516,745524,134 Other Intangibles111,913123,080 Deferred Income Taxes38,54421,387 Other Assets138,722 161,212 Total assets$4,412,199 $4,272,732 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities: Accounts payable$420,017$410,655 Accrued liabilities612,186593,308 Accrued income taxes1,8999,402 Short-term debt42,08024,088 Current portion of long-term debt97,593 261,392 Total current liabilities1,173,7751,298,845 Long-term Debt1,748,5001,541,825 Other Long-term Liabilities617,276 494,461 Total liabilities3,539,551 3,335,131 Commitments and Contingencies— — Stockholders’ Equity: The Hershey Company Stockholders’ Equity Preferred Stock, shares issued: none in 2011 and 2010—— Common Stock, shares issued: 299,269,702 in 2011 and 299,195,325 in 2010299,269299,195 Class B Common Stock, shares issued: 60,632,042 in 2011 and 60,706,419 in 201060,63260,706 Additional paid-in capital490,817434,865 Retained earnings4,699,5974,374,718 Treasury—Common Stock shares, at cost: 134,695,826 in 2011 and 132,871,512 in 2010(4,258,962)(4,052,101) Accumulated other comprehensive loss(442,331)(215,067) The Hershey Company stockholders’ equity849,022 902,316 Noncontrolling interests in subsidiaries23,626 35,285 Total stockholders’ equity872,648 937,601 Total liabilities and stockholders’equity$4,412,199 $4,272,732 THE HERSHEY COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS For the years ended December 31,201120102009 In thousands of dollars Cash Flows Provided from (Used by) Operating Activities Net income $628,962$509,799$435,994 Adjustments to reconcile net income to net cash provided from operations: Depreciation and amortization215,763197,116182,411 Stock-based compensation expense, net of tax of $15,127, $17,413 and $19,223, respectively28,34132,05534,927 Excess tax benefits from stock-based compensation(13,997)(1,385)(4,455) Deferred income taxes33,611(18,654)(40,578) Gain on sale of trademark licensing rights, net of tax of $5,962(11,072)— — Business realignment and impairment charges, net of tax of $18,333, $20,635 and $38,308, respectively30,83877,93560,823 Contributions to pension plans(8,861)(6,073)(54,457) Changes in assets and liabilities, net of effects from business acquisitions and divestitures: Accounts receivable—trade(9,438)20,32946,584 Inventories(115,331)(13,910)74,000 Accounts payable7,86090,43437,228 Other assets and liabilities(205,809)13,777293,272 Net Cash Provided from Operating Activities580,867 901,423 1,065,749 Cash Flows Provided from (Used by) Investing Activities Capital additions(323,961)(179,538)(126,324) Capitalized software additions(23,606)(21,949)(19,146) Proceeds from sales of property, plant and equipment3122,20110,364 Proceeds from sales of trademark licensing rights20,000—— Business acquisitions(5,750)—(15,220) Net Cash (Used by) Investing Activities (333,005)(199,286)(150,326) Cash Flows Provided from (Used by) Financing Activities Net change in short-term borrowings10,8341,156(458,047) Long-term borrowings249,126348,208— Repayment of long-term debt(256,189)(71,548)(8,252) Proceeds from lease financing agreement47,601— — Cash dividends paid(304,083)(283,434)(263,403) Exercise of stock options184,41192,03328,318 Excess tax benefits from stock-based compensation13,9971,3854,455 Contributions from noncontrolling interests in subsidiaries—10,1997,322 Repurchase of Common Stock(384,515)(169,099)(9,314) Net Cash (Used by) Financing Activities(438,818)(71,100)(698,921) (Decrease) Increase in Cash and Cash Equivalents(190,956)631,037216,502 Cash and Cash Equivalents as of January 1884,642253,60537,103 Cash and Cash Equivalents as of December 31$693,686 $884,642 $253,605 Interest Paid$97,892$97,932$91,623 Income Taxes Paid292,315350,948252,230 TOOTSIE ROLL INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF Earnings, Comprehensive Earnings and Retained Earnings (in thousands except per share data) For the year ended December 31, 201120102009 Net product sales $528,369$517,149$495,592 Rental and royalty revenue4,1364,2993,739 Total revenue532,505 521,448 499,331 Product cost of goods sold365,225349,334319,775 Rental and royalty cost1,0381,088852 Total costs366,263 350,422 320,627 Product gross margin163,144167,815175,817 Rental and royalty gross margin3,0983,2112,887 Total gross margin166,242 171,026 178,704 Selling, marketing and administrative expenses108,276106,316103,755 Impairment charges——14,000 Earnings from operations57,966 64,710 60,949 Other income (expense), net2,946 8,358 2,100 Earnings before income taxes60,912 73,068 63,049 Provision for income taxes16,974 20,005 9,892 Net earnings$43,938 $53,063 $53,157 Net earnings$43,938$53,063$53,157 Other comprehensive earnings (loss)(8,740)1,1832,845 Comprehensive earnings$35,198 $54,246 $56,002 Retained earnings at beginning of year.$135,866$147,687$144,949 Net earnings43,93853,06353,157 Cash dividends(18,360)(18,078)(17,790) Stock dividends(47,175)(46,806)(32,629) Retained earnings at end of year$114,269 $135,866 $147,687 Earnings per share$0.76$0.90$0.89 Average Common and Class B Common shares outstanding 57,89258,68559,425 (The accompanying notes are an integral part of these statements.) CONSOLIDATED STATEMENTS OF Financial Position TOOTSIE ROLL INDUSTRIES, INC. AND SUBSIDIARIES (in thousands except per share data) AssetsDecember 31, 20112010 CURRENT ASSETS: Cash and cash equivalents$78,612$115,976 Investments10,8957,996 Accounts receivable trade, less allowances of $1,731 and $1,53141,89537,394 Other receivables3,3919,961 Inventories: Finished goods and work-in-process42,67635,416 Raw materials and supplies29,08421,236 Prepaid expenses5,0706,499 Deferred income taxes578689 Total current assets212,201 235,167 PROPERTY, PLANT AND EQUIPMENT, at cost: Land21,93921,696 Buildings107,567102,934 Machinery and equipment322,993307,178 Construction in progress2,598 9,243 455,097 440,974 Less—Accumulated depreciation242,935 225,482 Net property, plant and equipment212,162 215,492 OTHER ASSETS: Goodwill73,23773,237 Trademarks175,024175,024 Investments96,16164,461 Split dollar officer life insurance74,20974,441 Prepaid expenses3,2126,680 Equity method investment3,9354,254 Deferred income taxes7,7159,203 Total other assets433,493 407,300 Total assets$857,856 $857,959 Liabilities and Shareholders’ EquityDecember 31, 20112010 CURRENT LIABILITIES: Accounts payable$10,683$9,791 Dividends payable4,6034,529 Accrued liabilities43,06944,185 Total current liabilities58,355 58,505 NONCURRENT LIABILITES: Deferred income taxes43,52147,865 Postretirement health care and life insurance benefits26,10820,689 Industrial development bonds7,5007,500 Liability for uncertain tax positions8,3459,835 Deferred compensation and other liabilities48,09246,157 Total noncurrent liabilities133,566 132,046 SHAREHOLDERS’ EQUITY: Common stock, $.69-4/9 par value—120,000 shares authorized—36,479 and 36,057 respectively, issued25,33325,040 Class B common stock, $.69-4/9 par value—40,000 shares authorized—21,025 and 20,466 respectively, issued14,60114,212 Capital in excess of par value533,677505,495 Retained earnings, per accompanying statement114,269135,866 Accumulated other comprehensive loss(19,953)(11,213) Treasury stock (at cost)—71 shares and 69 shares, respectively(1,992)(1,992) Total shareholders’ equity665,935 667,408 Total liabilities and shareholders’ equity$857,856 $857,959 TOOTSIE ROLL INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF Cash Flows (in thousands) For the year ended December 31, 201120102009 CASH FLOWS FROM OPERATING ACTIVITIES: Net earnings$43,938$53,063$53,157 Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation19,22918,27917,862 Impairment charges— — 14,000 Impairment of equity method investment — — 4,400 Loss from equity method investment 194342233 Amortization of marketable security premiums 1,267522320 Changes in operating assets and liabilities: Accounts receivable (5,448)717(5,899) Other receivables 3,963(2,373)(2,088) Inventories (15,631)(1,447)455 Prepaid expenses and other assets 5,1064,9365,203 Accounts payable and accrued liabilities 842,180(2,755) Income taxes payable and deferred (5,772)2,322(12,543) Postretirement health care and life insurance benefits 2,0221,4291,384 Deferred compensation and other liabilities 2,1462,5252,960 Others (708)310305 Net cash provided by operating activities50,390 82,805 76,994 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures (16,351)(12,813)(20,831) Net purchase of trading securities (3,234)(2,902)(1,713) Purchase of available for sale securities (39,252)(9,301)(11,331) Sale and maturity of available for sale securities 7,6808,20817,511 Net cash used in investing activities (51,157)(16,808)(16,364) CASH FLOWS FROM FINANCING ACTIVITIES: Shares repurchased and retired (18,190)(22,881)(20,723) Dividends paid in cash (18,407)(18,130)(17,825) Net cash used in financing activities (36,597)(41,011)(38,548) Increase (decrease) in cash and cash equivalents(37,364)24,98622,082 Cash and cash equivalents at beginning of year115,97690,99068,908 Cash and cash equivalents at end of year$78,612$115,976$90,990 Supplemental cash flow information Income taxes paid $16,906$20,586$22,364 Interest paid $38$49$182 Stock dividend issued $47,053$46,683$32,538 (The accompanying notes are an integral part of these statements.) Based on the information in these financial statements and the accompanying notes and schedules, compute the following values for each company in 2011. (Round all percentages to 1 decimal places, e.g. 15.1% and asset turnover ratio to 2 decimal places, e.g. 15.21.) (1) Return on assets. Return on assets Tootsie Roll % Hershey Company % (2) Profit margin (use “Total Revenue”). Profit margin Tootsie Roll % Hershey Company % (3) Asset turnover. Asset turnover Tootsie Roll times Hershey Company times Warning Don't show me this message again for the assignment Ok Cancel Problem 9-2A var qID = "quest2377735entrance1"; var qIDselected_question = "quest2377735"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId;C width="240px"; height= el==null ? "48px" : "130px"; } } // Question 7 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,r [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // At December 31, 2014, Navaro Corporation reported the following plant assets. Land $ 3,000,000 Buildings $26,500,000 Less: Accumulated depreciation—buildings 11,925,000 14,575,000 Equipment 40,000,000 Less: Accumulated depreciation—equipment 5,000,000 35,000,000 Total plant assets $52,575,000 During 2015, the following selected cash transactions occurred. Apr. 1Purchased land for $2,200,000. May 1Sold equipment that cost $600,000 when purchased on January 1, 2008. The equipment was sold for $170,000. June 1Sold land for $1,600,000. The land cost $1,000,000. July 1Purchased equipment for $1,100,000. Dec. 31Retired equipment that cost $700,000 when purchased on December 31, 2005. No salvage value was received. Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,o [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Journalize the transactions. Navaro uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 40-year useful life and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (To record depreciation on equipment sold) (To record depreciation on equipment retired) Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,o [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Record adjusting entries for depreciation for 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date. Account Titles and Explanation Debit Credit Dec. 31 (To record depreciation on buildings.) 31 Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,n [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Prepare the plant assets section of Navaro’s balance sheet at December 31, 2015. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2015 transactions.) (List Plant Assets in order of Land, Building and Equipment.) NAVARO CORPORATION Partial Balance Sheet December 31, 2015 $ $ : : $ Warning Don't show me this message again for the assignment Ok Cancel Problem 8-3A var qID = "quest2377269entrance1"; var qIDselected_question = "quest2377269"; // function doOnload() { window.focus(); } function doOnunload() { closeWindows(); } // Get OS. If OS is unknown - work as it is Windows. function getOS() { with (navigator) { if (parseInt(appVersion.substring(0,2)) >= 4) { if (appVersion.indexOf('Win')!=-1) { return 0; } else if (appVersion.indexOf('Mac')!=-1) { return 1; } else { return 0; } } else { return 0; } } } // enable/disable significant digits, choose tolerance level(assignment/item) function setPolicies(in_id) { var forma = document.forms.forma; forma.set_question_policy.value="true"; forma.submit(); } function qhelp(in_url) { var winUrl = in_url; var winName = "winItemHelp" var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; closeWindow(winName); createWindow(winUrl,winName,winParam); } function showHint(in_item) { var winUrl = "qhint.uni?itemid=" + in_item; var winName = "winItemHint" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showChart(in_item) { var winUrl = "qchart.uni?itemid=" + in_item; var winName = "winItemChart" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolution(in_item){ var winUrl = "qsolution.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(650, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showSolutionTutor(in_item) { var winUrl = "qsolution_tutor.uni?itemid=" + in_item; var winName = "winItemSolution" + in_item; var winParam = getParamsString(600, 400, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=yes" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function showAnswer(in_item) { var winUrl = "qanswer.uni?itemid=" + in_item; var winName = "winItemAnswer" + in_item; var winParam = getParamsString(640, 440, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; createWindow(winUrl,winName,winParam); } function changeValues() { with(document.forms.forma) { newval.value = "-change-values"; submit(); } } // view item in pop-up window function viewResource(in_resource) { var winUrl = "../../../shared/resource/view_resource.uni?id=" + in_resource; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=yes" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //**************************************** // reference window open / reopen //**************************************** function callRefWin(in_url) { var winUrl = in_url; var winName = "REFERENCE"; var winParam = getParamsString(700, 500, 0, 0) + ",resizable=yes" + ",copyhistory=no" + ",directories=no" + ",location=no" + ",menubar=no" + ",scrollbars=yes" + ",status=no" + ",toolbar=no"; if (isWindow("REFERENCE")) { replaceWindow(winUrl, winName); } else { createWindow(winUrl, winName, winParam); } } //************************************************** // xlinkobject (outer human-friendly links ) // also used for links to ilw and cs //************************************************** function xlinkobject(in_linkid) { if (in_linkid.indexOf("rsd") != -1) { var idres = in_linkid; viewResource(idres); } else { var winUrl = "/edugen/player/references/index.uni?mode=help" + "&xlinkobject=" + in_linkid; callRefWin(winUrl); } } //************************************************** // pageURL (links with known URL) //************************************************** function pageURL(in_url){ var s_url = "/edugen/player/references/index.uni?mode=help&pageURL="+ in_url; callRefWin(s_url); } function openPractice(in_linkid) { // do not delete the function } function selfClose() { self.close(); } function sdenableChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["sdenable_" + in_id].value = "1"; else elements["sdenable_" + in_id].value = "0"; } } function toleranceLevelChange(in_checked, in_id) { with(document.forms.forma) { if(in_checked) elements["tolerance_level_" + in_id].value = "question"; else elements["tolerance_level_" + in_id].value = "assignment"; } } function getPoolItem(in_obj){ var poolid = document.forms.forma.poolid.value; self.location.replace("qpreview.uni?poolid="+poolid+"&question_policy=&id=" + in_obj.options[in_obj.selectedIndex].value); } function open_wimba(in_operation, in_classID, in_userID, in_agID, in_questionID, in_partID, in_attemptNum, in_attemptId, in_frameid) { var el = document.getElementById("div_" + in_frameid); if(el!=null){ el.style.display = "block"; } with(document.getElementById(in_frameid)){ src="/edugen/wileyvt?operation="+in_operation+"&classid="+in_classID+"&userid="+in_userID+"&agid="+in_agID+"&qid="+in_questionID+"&partid="+in_partID+"&anum="+in_attemptNum+"&attempt="+in_attemptId;_ width="240px"; height= el==null ? "48px" : "130px"; } } // Question 8 beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,{ [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Presented below is an aging schedule for Bosworth Company. CustomerTotalNot Yet Due Number of Days Past Due 1–3031–6061–90Over 90 Aneesh$ 24,000$ 9,000$15,000 Bird30,000$ 30,000 Cope50,0005,0005,000$40,000 DeSpears38,000$38,000 Others 120,000 72,000 35,000 13,000 $262,000 $107,000 $49,000 $28,000 $40,000 $38,000 Estimated percentage uncollectible 3% 7% 12% 24% 60% Total estimated bad debts $ 42,400 $ 3,210 $3,430 $3,360 $ 9,600 $22,800 At December 31, 2013, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,000. Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,s [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Journalize the adjusting entry for bad debts at December 31, 2013. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,b [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Post the adjusting entry for bad debts at December 31, 2013. Bad Debts Expense Allowance for Doubtful Accounts Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,d [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Journalize the 2014 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1. March 1, a $600 customer balance originating in 2013 is judged uncollectible. 2. May 1, a check for $600 is received from the customer whose account was written off as uncollectible on March 1. No. Date Account Titles and Explanation Debit Credit 1. 2. (To reinstate account previously written off) Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class, [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Post to the allowance account these 2014 events. (Post entries in the order of journal entries posted in the previous part.) Allowance for Doubtful Accounts 2013 12/31 Bal. 8,000 12/31 34,400 12/31 Bal. 42,400 2014 Warning Don't show me this message again for the assignment Ok Cancel beforeUnloadInterceptForLinks("a:not('.switcher_inside_question_marker_class,e [target]')"); // jQuery(document).ready( function (){ topWindow.isTimeReached = false; topWindow.isUserSwitchesWithinAssignment = false; topWindow.isLogoutPressed = false; topWindow.isUserSwitchesMode = false; topWindow.existsNonClosedQuestion = []; topWindow.removeOnBeforeUnLoad = removeOnBeforeUnLoad; topWindow.questionPlayerWindow = window; topWindow.isMiddleware = '' != ''; topWindow.appWebRoot = '/edugen'; } ); // Journalize the adjusting entry for bad debts at December 31, 2014, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $1,400 and the aging schedule indicates that total estimated bad debts will be $36,700. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Warning Don't show me this message again for the assignment Ok Cancel