# 2016 Part 3 of 3 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017...

###### Question:   2016 Part 3 of 3 IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 Assets Cash $96,100 Accounts receivable, net 93,500 Inventory 82,800 Prepaid expenses 6,300 Total current assets 278, 700 Equipment 143,000 Accum. depreciation-Equipment (36,500) Total assets$385,200 Liabilities and Equity Accounts payable $44,000 Wages payable 7,900 Income taxes payable 5,300 Total current liabilities 57,200 Notes payable (long term) 49,000 Total liabilities 106,200 Equity Common stock,$5 par value 258,000 Retained earnings 21,000 Total liabilities and equity $385,200$ 63,000 70,000 115,000 9,200 257,200 134,000 (18,500) $372,700 3.35 points$ 58,500 18,800 7,600 84,900 79,000 163,900 179,000 29,800 $372,700 IKIBAN INC. Income Statement For Year Ended June 30, 2017 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense$ 77,600 Other expenses 86,000 Total operating expenses $773,000 430,000 343,000 163,600 179,400 Other gains (losses) Gain on sale of equipment Income before taxes Income taxes expense Net income 3,900 183,300 45,790$137,510
##### 2. Let Xn, n > 1, be a sequence of independent r.v., and Øn (t) =...
2. Let Xn, n > 1, be a sequence of independent r.v., and Øn (t) = E (eitX»), ER be their characteristic functions. Let Yn = {k=0 Xk, n > 0, X0 = 0, and 8. () = {1*: (),ER. k = 1 a) Let t be so that I1=1 løk (t)) > 0. Show that _exp{itYn} ?, n > 0, On (t) is a martinga...
I just need part e, f and g are ure Tollowing Duagers. a. Prepare the revenues budget. Revenues Budget For the Month of March Units Selling Price Total revenues 140 $42700 195 378 — 73710 116,410 Broncos Blankets 305 Rams Blankets Total b. Prepare the production budge... 1 answer ##### 23) For the D FF above, draw the waveform for Q (Q is initially 0). c_பபபபப... 23) For the D FF above, draw the waveform for Q (Q is initially 0). c_பபபபப Q 24) For the JK FF above, draw the waveform for Q (Qis initially 0). a பபபப CK 25) For the D FF above, if the frequency of the clock 10Hz, what is the frequency of the w... 1 answer ##### View History Gregory Th X Bookmarks Tools Window Syllabus for TA2019 BUS 11 Help X 87%... View History Gregory Th X Bookmarks Tools Window Syllabus for TA2019 BUS 11 Help X 87% Tue 8: Homework: Chapter 11 X able DA UPEG image 30 OO A https://newconnect.mheducation.com/flow/connect.html Chapter 11 Saved Help The Consumer Electronics Show (CES) reports that the HP Spectre laptop computer s... 1 answer ##### Assume total sales of$656000, total variable costs of $328000, and total fixed costs of$246000....
Assume total sales of $656000, total variable costs of$328000, and total fixed costs of $246000. Of these amounts$164000 of the variable costs are product costs, and \$82000 of the fixed costs are period costs. What is the degree of operating leverage? 0.25 4.00 8.00 2.00...
##### Please explain why Which of the following statements is true for the voltaic cell using the...
Please explain why Which of the following statements is true for the voltaic cell using the reaction: Cu(s) + 2Ag+(aq) + 2Ag(s) + Cu2+(aq) Electrons spontaneously flow from the Cu electrode to the Ag electrode. Electrons spontaneously flow from the Ag electrode to the Cu electrode. O Cations migrat...
##### L Virgin * 01:06 eat.tees.ac.uk You will need graph paper, a caleulator, a copy of Appendix...
l Virgin * 01:06 eat.tees.ac.uk You will need graph paper, a caleulator, a copy of Appendix I from lesson HTC-4-2 and access to steam tables to answer this TMA A fuel gas consists of 75% butane (C,Hio), 10% propane (C,Hs) and 15% butene (C4H by volume l. It is to be fed to the combustion chamber in ...
##### Which of the following statements is correct? Multiple Choice Wage rate does not perform an incentive...
Which of the following statements is correct? Multiple Choice Wage rate does not perform an incentive function in the supply of labor. Demand is the "active" and supply the passive, determinant of land sent Rent performs an incentive function, but not a rationing function Profits are payment...
PRM2 OH...