Which of the following is not a transaction isolation level supported by Oracle Database?
A) Read Committed
B) Serializable
C) Repeatable Read
D) Read Only
C
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The Sophisticated Touch, Co., a catering company, wants to evaluate its historical financial data over the last five years.
a) Set up a ratio worksheet similar to Exhibit 3-6, page 92, and calculate all of the ratios for The Sophisticated Touch, Co.
b) Verify the change in 2017 Sophisticated Touch, Co.’s ROE using the Du Pont method.
c) Using the Altman’s model for privately held firms and public ones, calculate the Z-score for The Sophisticated Touch, Co. Assume that the market value of equity is $1,500,000; $1,250,000; $1,000,000; $850,000; and $700,000 for the years 2017, 2016, 2015, 2014, and 2013 respectively.
d) Calculate the economic profit for these years and compare it to net income. Assume that the WACC is 12% each year.
e) The staff at The Sophisticated Touch, Co. wants to perform a trend analysis with the data generated in the previous sections of this problem. Create a line chart showing each category of ratios from 2013 to 2017. Make sure to title the chart and label the axes. Also make a line chart of the Altman’s model for private and public firms from 2013 to 2017.
Forrest's Cycle Shop uses a perpetual inventory accounting system and the gross method of accounting for sales had the following transactions during the month of July: July 3Sold merchandise to a customer on credit for $600, terms 2/10, n30. The cost of the merchandise sold was $350.July 4Sold merchandise to a customer for cash of $425. The cost of the merchandise was $250.July 6Sold merchandise to a customer on credit for $1,300, terms 2/10, n/30. The cost of the merchandise sold was $750.July 8The customer from July 3 returned merchandise with a selling price of $100. The cost of the merchandise returned was $55.July 15The customer from July 6 paid the full amount due, less any appropriate discounts earned.July 31The customer from July 3 paid the full amount due, less any appropriate
discounts earned.Prepare the required journal entries that Forrest's Cycle Shop must make to record these transactions. What will be an ideal response?
A chart of accounts is a detailed record of the changes in a particular asset, liability, or equity account during a specified period
Indicate whether the statement is true or false
If all the variables in a model are under the control of the decision maker, then the model is considered to be:
A) probabilistic B) random C) mathematical D) schematic E) deterministic