Suppose you were hired to work on the campaign of a 2022 congressional candidate. Your job was to reach out to the group of people most likely to vote. Which group should you target first?
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A professor is a member of a professional organization and i…
A professor is a member of a professional organization and is mostly interested in the newsletters sent and in participating in conferences. Which benefit is the professor primarily seeking?
The following balance sheets and income statements are for N…
The following balance sheets and income statements are for Net Devices Inc., a manufacturer of small electronic devices, including calculators, personal digital assistants and mp3 players. For purposes of these questions assume that the company has an effective tax rate of 35%. BALANCE SHEETS ASSETS ($ in thousands) Fiscal year end 2023 2022 2021 Cash $ 875,650 $ 571,250 $ 154,230 Marketable securities 6,560 0 0 Receivables 771,580 775,250 902,000 Inventories 1,320,150 1,254,600 1,418,500 Other current assets 249,000 231,200 229,900 Total current assets 3,222,940 2,832,300 2,704,630 Property, plant & equipment 1,118,750 1,100,300 1,122,400 Intangibles 263,050 241,000 215,600 Deposits & other assets 184,500 168,250 168,900 Total assets $4,789,240 $4,341,850 $4,211,530 LIABILITIES ($ in thousands) Fiscal year end 2023 2022 2021 Accounts payable $1,178,540 $1,061,100 $1,138,250 Current long term debt 18,100 316,500 150,900 Accrued expenses 664,100 615,900 585,400 Income taxes payable 138,900 108,400 38,200 Other current liabilities 0 0 0 Total current liabilities 1,999,640 2,101,900 1,912,750 Long term debt 478,250 378,400 599,630 Other long term liabilities 13,350 0 0 Total liabilities 2,491,240 2,480,300 2,512,380 Preferred stock 850,000 850,000 550,000 Common stock net 4,000 3,950 3,800 Additional Paid-in Capital 869,000 758,000 689,500 Retained earnings 1,430,500 1,055,000 1,245,050 Treasury stock (855,500) (805,400) (789,200) Shareholders’ equity 2,298,000 1,861,550 1,699,150 Total Liab. & Equity $4,789,240 $4,341,850 $4,211,530 INCOME STATEMENTS ($ in thousands) Fiscal year end 2023 2022 Net sales $11,455,500 $11,082,100 Cost of Goods Sold (8,026,450) (7,940,065) Gross profit 3,429,050 3,142,035 Selling, general & admin. Exp. (1,836,400) (1,789,200) Income before deprec. & amort. 1,592,650 1,352,835 Depreciation & amortization (785,250) (757,250) Interest expense (46,195) (43,340) Income before tax 761,205 552,245 Provision for income taxes (157,725) (112,290) Minority interest — — Net income $ 603,480 $ 439,955 Outstanding shares (in thousands) 308,515 303,095 Preferred Dividends (in thousands) $85,000 $85,000 Refer to the information for Net Devices Inc. above. What is the rate of return on assets for Net Devices for 2023?
The following balance sheets and income statements are for N…
The following balance sheets and income statements are for Net Devices Inc., a manufacturer of small electronic devices, including calculators, personal digital assistants and mp3 players. For purposes of these questions assume that the company has an effective tax rate of 35%. BALANCE SHEETS ASSETS ($ in thousands) Fiscal year end 2023 2022 2021 Cash $ 875,650 $ 571,250 $ 154,230 Marketable securities 6,560 0 0 Receivables 771,580 775,250 902,000 Inventories 1,320,150 1,254,600 1,418,500 Other current assets 249,000 231,200 229,900 Total current assets 3,222,940 2,832,300 2,704,630 Property, plant & equipment 1,118,750 1,100,300 1,122,400 Intangibles 263,050 241,000 215,600 Deposits & other assets 184,500 168,250 168,900 Total assets $4,789,240 $4,341,850 $4,211,530 LIABILITIES ($ in thousands) Fiscal year end 2023 2022 2021 Accounts payable $1,178,540 $1,061,100 $1,138,250 Current long term debt 18,100 316,500 150,900 Accrued expenses 664,100 615,900 585,400 Income taxes payable 138,900 108,400 38,200 Other current liabilities 0 0 0 Total current liabilities 1,999,640 2,101,900 1,912,750 Long term debt 478,250 378,400 599,630 Other long term liabilities 13,350 0 0 Total liabilities 2,491,240 2,480,300 2,512,380 Preferred stock 850,000 850,000 550,000 Common stock net 4,000 3,950 3,800 Additional Paid-in Capital 869,000 758,000 689,500 Retained earnings 1,430,500 1,055,000 1,245,050 Treasury stock (855,500) (805,400) (789,200) Shareholders’ equity 2,298,000 1,861,550 1,699,150 Total Liab. & Equity $4,789,240 $4,341,850 $4,211,530 INCOME STATEMENTS ($ in thousands) Fiscal year end 2023 2022 Net sales $11,455,500 $11,082,100 Cost of Goods Sold (8,026,450) (7,940,065) Gross profit 3,429,050 3,142,035 Selling, general & admin. Exp. (1,836,400) (1,789,200) Income before deprec. & amort. 1,592,650 1,352,835 Depreciation & amortization (785,250) (757,250) Interest expense (46,195) (43,340) Income before tax 761,205 552,245 Provision for income taxes (157,725) (112,290) Minority interest — — Net income $ 603,480 $ 439,955 Outstanding shares (in thousands) 308,515 303,095 Preferred Dividends (in thousands) $85,000 $85,000 Refer to the information for Net Devices Inc. What is Net Devices’ earnings per share for 2023?
Ramos Company included the following information in its annu…
Ramos Company included the following information in its annual report: 2023 2022 2021 Sales $178,400 $162,500 $155,500 Cost of goods sold 115,000 102,500 100,000 Operating expenses 50,000 50,000 45,000 Net income 13,400 10,000 10,500 In a common-size income statement for 2021, the cost of goods sold is expressed as:
Assume that the ability to curl your tongue up on the sides…
Assume that the ability to curl your tongue up on the sides (T, taco tongue rolling) is dominant to the recessive “t” allele (not being able to roll your tongue). A homozygous dominant woman marries a man who cannot roll his tongue. What are the chances that their child will have the same phenotype as their mother?
Brachydactyly type D is human autosomal dominant condition i…
Brachydactyly type D is human autosomal dominant condition in which the thumbs are abnormally short and broad. In most cases, both thumbs are affected, but occasionally just one thumb is involved. The pedigree above shows a family in which brachydactlyly type D is segregating. Filled circles and squares represent females and males who have involvement of both thumbs. Half-filled in symbols represent family members with just one thumb affected. There is evidence of variable expressivity and incomplete penetrance in this family. Name 3 individuals who are nonpenetrant for the trait? (eg. IV 7)
In ____________, homozygosity for the recessive allele at on…
In ____________, homozygosity for the recessive allele at one locus will mask the phenotypic expression of the alleles at a second locus. This leads to a 9:3:4 genotypic ratio. The relationship is shown in the figure below
Genes A and B are located 10 cM from each other on a chromos…
Genes A and B are located 10 cM from each other on a chromosome. Gene C is located 25 cM from gene A and 15 cM from gene B. What is the probability that the trihybrid ABC/abc will produce a double recombinant gamete?
A fly that is heterozygous at three loci is testcrossed to a…
A fly that is heterozygous at three loci is testcrossed to a fly with black eyes, bent wings, and hairy legs. The 1000 offspring shown below are obtained from this cross: red eyed, straight winged, smooth legged 8 black eyed, bent winged, hairy legged 12 black eyed, straight winged, smooth legged 39 red eyed, bent winged, hairy legged 41 red eyed, bent winged, smooth legged 354 black eyed, straight winged, hairy legged 366 red eyed, straight winged, hairy legged 93 black eyed, bent winged, smooth legged 87 (1) What is the phenotype of a fly that is heterozygous at all three loci? (2) “Draw” a genetic map of these three loci