Homework Questions and Answers Archive (2024)

Able borrowed $10,000 from Baker, promising to return it with $1,000 interest on January 1, 2006. There is no dispute that Able owes Baker $11,000 due on January 1, 2006. On that day, Able gave Baker a valid check in the amount of $10,500 marked “payment in full for loan due January 1, 2006.” Baker accepted that check and deposited it into his account. If Baker then sues Able for the unpaid $500, what would the result be?Group of answer choicesAble wins, because Baker accepted the lesser payment.Able wins, because Baker made an implied promise to accept $10,500 as full payment, thereby forgiving $500 of the loan.Baker wins, because Able gave no consideration in exchange for Baker’s promise to forgive $500 of the loan.Baker wins, because marking “payment in full” can never relieve a party of its original obligations under a contract.

Common Usaze Erros Below are words that are easily confused in writing. Write one sentence using each group of words correctly. For examplet There are two apples over there and they're not going to eat them because they're rotten. Think carefully and always reread your work to avold making these common mistakes. 2. to, too, two-I want to buy two Tules me toe 3. then, than-He's toller than me. then the atways tallest in clars. 4. loose, lose - 5. could have, should have, would have (NOT could OF, should OF, would OF) * 6. your, you're - 7. its, it's - 8. were, we're, where - 9. are, our - 10. knew, new 11. know, no 12. accept, except 13. I (never, ever, i) 1

given these functions:def get_continued_fraction(lst): assert len(lst) >= 1 a, b = 1, lst[-1] for i in range(len(lst) - 2, -1, -1): a, b = b, lst[i]*b + a return a, bdef make_continued_fraction(a, b): assert a > 0 assert a <= b result = [] while a != 0: quotient, remainder = divmod(b, a) result.append(quotient) b, a = a, remainder return resultdef modular_exponentiate(a, k, n): # a^k n mu = a res = 1 while k > 0: if k % 2 == 1: res = (res * mu) % n mu = (mu * mu) % n k = k // 2 return reswrite function:def extract_order(meas, m, a, n):so it passes these tests:r1 = extract_order(75, 7, 5, 91)assert r1 == 12r2 = extract_order(53, 7, 5, 91)assert r2 == 12r3 = extract_order(96, 7, 5, 91)assert r3 == 12r4 = extract_order(32, 7, 5, 91)assert r4 == Noner5 = extract_order(64, 7, 5, 91)assert r5 == Noner6 = extract_order(11, 7, 5, 91)assert r6 == 12

There are 4 operating divisions of a company. In the 1 quarter of the year, the company reported an aggregate income from operations of $210,000 and the following results: I Sales $250,000 Cost of goods sold $200,000 $190,000 Selling expenses 70,000 60,000 Income from operations (20,000) II $200,000 (50,000) Division III IV $500,000 $350,000 $300,000 $250,000 60,000 50,000 140,000 50,000 The percentage of variable costs in each division reveals this: I 70% II III IV Cost of goods sold 90% 80% 75% Selling expenses 40 60 50 60 If any division is discontinued that will help save 50% of the fixed costs and expenses of the division. Management is concerned about the

Ryan and Blake Lovely are married filing jointly taxpayers. Ryan’s birthdate is August 10, 1983, and Social Security number is 434-14-4448. Blake’s birthdate is March 19, 1984, and their Social Security number is 763-16-1562. They live at 22 Thornton Road, Nashua, NH 03063. Both are self-employed. The Lovelys received the following statement from their brokerage account (see separate tab). The U.S. Treasury interest is associated with bonds that also have market discount. The accrued market discount in 2023 was $47.02. The Lovelys elect to recognize market discount in the year earned. Blake started a new life coach business in 2023 as a sole proprietor. The business office is located at 4 Townsend W, Suite 8, Nashua, NH 03063. The business code is 812990. The financial results are: Line Item DescriptionAmount Client revenue$5,000 Office rent expense14,000 Supplies1,000 Utilities500 Telephone400 During 2023, Ryan invested in Vaporcoin, a virtual currency. He purchased 40 units of Vaporcoin for $3,000 on February 2, 2023. On May 15, 2023, he exchanged the Vaporcoin into dollars when the value was $3,500. He did not receive a 1099-B from the Vaporcoin account. Ryan also operates a small business teaching fitness classes in a park near their house. The business code is 812190. Ryan has a loyal clientele, and the books and records show the following: Line Item DescriptionAmount Exercise class receipts$5,000 Exercise clothes1,000 Various exercise supplies1,800 The exercise clothes that Ryan purchased are not dissimilar to any other type of workout clothing. Neither business has employees, an EIN, or inventory. Both businesses are accounted for using the cash basis of accounting. Ryan and Blake own a rental property located at 52 Charlotte Ave, Nashua, NH 03064. The condo was rented all year but is in need of an update. The condo’s finances are as follows: Line Item DescriptionAmount Rent$8,000 Interest10,000 Property taxes4,000 Utilities1,400 Maintenance500 Ryan and Blake made a $500 estimated payment on September 15, 2023. Required: Complete the Lovelys’ federal tax return for 2023. Use Form 1040, Schedule 1, Schedule 2, Schedule B, Schedule C (two of them), Schedule D, Form 8949, Schedule E, Schedule SE, Form 8995, Form 8582 (page 1 only) to complete this tax return. Also, to compute the Lovelys’ net operating loss carryforward, prepare only Schedule A of Form 1045. Assume the taxpayers had health coverage for the entire year. Neither taxpayers wants to contribute to the presidential election campaign. If an amount box does not require an entry or the answer is zero, enter "0." Do not round any percentages. If required, round your answers to the nearest dollar. If required, enter a "loss" as a negative number on the tax form. Do not enter deductions as negative numbers. Special Instructions for Schedule B - In Part I for Interest, enter items from 1099 in Box order first, then enter any other interest items. If required, on Form 8582, use the minus sign to enter a "loss" as a negative number on the lines 1d, 3, and 11. However, per the instructions on the tax return, enter all numbers in Part II as positive amounts.

Blue Spruce Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck (not the least of which is that it runs). The new truck would cost $\$ 55,693$. Because of the increased capacity, reduced maintenance costs, and increased fuel economy, the new truck is expected to generate cost savings of $\$ 8,300$. At the end of eight years, the company will sell the truck for an estimated $\$ 27,500$. Traditionally, the company has used a general rule that it should not accept a proposal unless it has a payback period that is less than $50 \%$ of the asset's estimated useful life. George Clark, a new manager, has suggested that the company should not rely only on the payback approach but should also use the net present value method when evaluating new projects. The company's cost of capital is $8 \%$. Calculate the cash payback period and net present value of the proposed investment. (If the net present value is negative, use either $a$ negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round cash payback period to 2 decimal place, e.g. 12.51. For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124 and net present value to 0 decimal places, e.g. 5,275.) Click here to view the factor table. Cash payback period years Net present value

The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $440,000; Office salaries, $88,000; Federal income taxes withheld, $132,000; State income taxes withheld, $29,500; Social security taxes withheld, $32,736; Medicare taxes withheld, $7,656; Medical insurance premiums, $10,500; Life insurance premiums, $7,500; Union dues deducted, $4,500; and Salaries subject to unemployment taxes, $57,000. The employee pays 40% of medical and life insurance premiums. Assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6%.

Q2 An unknown problem is being solved by using the genetic algorithm. Following table lists theinitialpopulation with each chromosome represented as a sequence of nine bits. For this initial population, determine the next population that results after one iteration. Assume that fitness-proportionate selection is being used to select chromosomes and that a single point cross-over is used by the algorithm. Also assume that the Mutation rate of 0.1 . If you need random numbers, choose in order from the following list and repeat frombeginningif youneedmore. .86,.59,.67,.14,.34,.08,.11,.29,.85,.76,.43,.47,.89,.80,.98,.58,.03,.57,.49,.92 b). Getting stuck in local minima is a problem of Hill climbing algorithm. Suggest one solutiontoavoidthis problem. State your answer in 2 to 3 lines.

The following algorithm is used to find the integer square root for an input integer number � [ Ex 1 : if � � { 4 , 5 , 6 , 7 , 8 } , then the result integer square root � = 2 ] [ Ex 2 : if xin { 9 , 1 0 , 1 1 , 1 2 , 1 3 , 1 4 , 1 5 } , then the result integer square root � = 3 ] Complete the following Verilog code to provide a behavioral implementation for this algorithm. module SQRT _ Calculator ( input CLK , input [ 9 : 0 ] � , output reg [ 4 : 0 ] � ; Your design should include the following pins: CLK: ( negative edge trigger input clock ) � : The input number ( 1 0 bits ) � : The result square root ( 5 bits ) ( Hint: define the variables A , B , and � to be of size 1 1 )

Case Study:Database classicmodels Scenario: The company wants to see if there is a difference in the total number of sales in 2003, 2004, and 2005. In addition, the company also wants to know the value of the total amount of sales in the same years. The ultimate goal of this analysis is that the company wants to know the profit earned each year, but it also wants to know the profit of each product line. Which product line provides the biggest profit? Business Task: You are assigned to find out the following information: 1. Total units sold (total number of sales) in 2003, 2004, and 2005, is there a difference in total units sold in 2003, 2004, and 2005? 2. Value of total units sold (total amount of sales) in 2003, 2004, and 2005, is there any difference in the value of total units sold in 2003, 2004, and 2005? 3. Profit for each year, which year gave the biggest profit? 4. Profit per productline, which productline has the highest profit? Use appropriate processes, analysis, and data visualisation!

arrange in ascending order 45,44,23,50,25,35,54,55,50,40,40 45,54,55,50,45,36,38,50,42,54,53 55,55,50,45,47,45,48,51,51,36,45 46,41,52,52,50,25,35,35,35,45,40 40,40,45,45,46,46,47,51,56,55,50

Suppose that on July 1, 2019, Tesla signed a contract with XYZ Co. in which Tesla agreed to design, construct and install a large-commercial solar energy system. The agreed upon price was $1,215,000 and the total estimated contract cost was $800,000. The customer will pay the contract price by making four "milestone" payments of $303,750. The first milestone payment was due on September 1, 2019. The subsequent milestone payments were due on November 1, 2019, January 1, 2020 and March 1, 2020. During the 2019 fiscal year, Tesla incurred costs of $600,000 and the customer made the first two milestone payments. How much revenue (for this contract) should Tesla recognize during the fiscal year that ended on December 31, 2019? Your answer should be in dollars.

Excerpt about revenue recognition taken from Best Buy’s 10-K for the fiscal year that ended on January 28, 2023. Revenue Recognition We generate revenue from the sale of products and services. Revenue is recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the transaction price consideration that we expect to receive in exchange for those goods or services. Our revenue excludes sales and usage-based taxes collected and is reported net of sales refunds, which includes an estimate of future returns and contract cancellations based on historical refund rates, with a corresponding reduction to cost of sales. We defer the revenue associated with any unsatisfied performance obligation until the obligation is satisfied, i.e., when control of a product is transferred to the customer or a service is completed. When answering questions, please: Refer to the excerpt about revenue recognition that is taken from Best Buy’s 10-K for the fiscal year that ended on January 28, 2023. Ignore taxes. That is, assume the income tax rate is zero and there are no sales taxes. Assume that on July 1, 2022 a customer purchased a Samsung 50 inch television from Best Buy. The customer paid cash of $350 and took immediate possession of the television. The television had a carrying value of $280. The customer had the right to return the television within 15 days of purchase and Best Buy estimates a return rate of five percent. Q1) On the day that Best Buy sold the television, what effect did the sale have on Best Buy’s revenues? Your answer should be in dollars. If the effect is positive (negative) enter the answer as a positive (negative) amount. Q2) On the day that Best Buy sold the television, what effect did the sale have on Best Buy’s cost of sales? Your answer should be in dollars. If the effect is positive (negative) enter the answer as a positive (negative) amount. Q3) On the day that Best Buy sold the television, what effect did the sale have on Best Buy’s total assets? Your answer should be in dollars. If the effect is positive (negative) enter the answer as a positive (negative) amount. Q4) On the day that Best Buy sold the television, what effect did the sale have on Best Buy’s total liabilities? Your answer should be in dollars. If the effect is positive (negative) enter the answer as a positive (negative) amount. Q5) On the day that Best Buy sold the television, what effect did the sale have on Best Buy’s total equity? Your answer should be in dollars. If the effect is positive (negative) enter the answer as a positive (negative) amount.