Compute the dollar change and percent change for each account title, and select the answer choice from the drop-down list. use year 1 as the base year. accounts payable balance on year 1 is $75,000 and on year 2 is $65,000. bonds payable balance on year 1 is $225,000 and on year 2 is $220,000. common stock balance on year 1 is $300,000 and on year 2 is $310,000. retained earnings balance on year 1 is $100,000 and on year 2 is $145,000. total stockholder’s equity balance on year 1 is $400,000 and on year 2 is $455,000. this was my ans: your score is 0%. before moving on take a look at your results in detail below. account dollar change percent change accounts payable 10,000 15.38% bonds payable 5,000 2.27% common stock -10,000 -3.23% retained earnings -45,000 -31.03% total stockholders' equity -55,000 your score is 30%. - second attempt before moving on take a look at your results in detail below. account dollar change percent change accounts payable 10,000 13.33% bonds payable 5,000 2.22% common stock 10,000 3.33% retained earnings -45,000 -45% total stockholders equity -55,000 13.75%

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.