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In 2017, Capri contracts to build a library for $5M that will take 3 years to complete and uses the percentage of completion method.  The expected costs per year are as follows:  2017- $.8M, 2018 – $1.5M and 2019 – $2M.  What will Capri book as revenue for 2017?

An asset is purchased for $120,000 on Jan 1, 2016 with an expected useful life of 5 years and salvage value of $15,000. The accumulated depreciation at year end 2017 is $42,000.  What is the NBV of the asset on Dec 31, 2017?

Using the following financial statement information:   2025 2024 Cash 46,797 56,443 Accounts Receivable, gross 57,875 56,259 Allowance for Bad Debt 1,550 1,978 Inventories 40,666 32,817 PPE, gross 46,181 45,633 Accumulated Depreciation 6,080 2,532 Current Liabilities 46,388 33,890 ST Debt 361 124 LT Debt 24,872 18,853 Total Liabilities 71,621 52,867 Stockholder’s Equity 112,268 133,775 Calculate the following ratios (rounding to 2 decimal places) for Capri, Inc for 2025 only 1. Current Ratio 2. Quick Ratio

Show your work for the previous problem.

What are the financial statement affects of recording depreciation?

Using the following financial statement information: 2025 2024 Cash 46,797 56,443 Accounts Receivable, gross 57,875 56,259 Allowance for Bad Debt 1,550 1,978 Inventories 40,666 32,817 PPE, gross 46,181 45,633 Accumulated Depreciation 6,080 2,532 Total Liabilities 71,621 52,867 Stockholder’s Equity 112,268 133,775 Gross Sales 393,204 386,131 Returns 17,626 14,137 Cost of Sales 280,582 272,124 Expenses 43,668 40,863 EBIT 51,328 59,007 Calculate the following ratios (rounding to 2 decimal places) for Lam, Inc for 2025 only: 1. DSO 2. Inventory Turnover 3. PPE Turnover

To prevent damage or injury, the power source for fiber-optic equipment should be:

Scalpel blades should be applied to the handle using:

When box locks become stiff or difficult to open, instruments should be treated with:

After cleansing the wound, who applies the dressing and when?