Indicate whether each of the following transactions increases(+), decreases(-), or has no effect (NE) on total assets, total liabilities, and total stockholders' equity. The first transaction is completed as an example.

$$\begin{matrix} \text{ } & \text{Total} & \text{Total} & \text{Total}\\ \text{Transaction} & \text{Assets} & \text{Liabilities} & \text{Stockholders' Equity}\\ \hline \text{Issue common stock} & \text{$+$} & \text{NE} & \text{$+$}\\ \text{Issue preferred stock} & \text{ } & \text{ } & \text{ }\\ \text{Purchase treasury stock} & \text{ } & \text{ } & \text{ }\\ \text{Sale of treasury stock} & \text{ } & \text{ } & \text{ }\\ \end{matrix}$$

Test your understanding of transaction analysis by answering the following questions. Select the best choice from among the possible answers. Performing a service on account will a. increase stockholders’ equity. b. increase total assets. c. increase total liabilities. d. both a and b.

Test your understanding of transaction analysis by answering the following questions. Select the best choice from among the possible answers. Receiving cash from a customer on account will a. increase stockholders equity. b. decrease liabilities. c. increase total assets. d. have no effect on total assets.

Test your understanding of transaction analysis by answering the following questions. Select the best choice from among the possible answers. An investment of cash into the business will a. decrease total liabilities. b. decrease total assets c. have no effect on total assets. d. increase stockholders’ equity.

Simplify the rational expression, if possible. $\frac { 4 x } { 5 w ^ { 4 } } - \frac { 5 x } { 5 w ^ { 4 } }$

Test your understanding of transaction analysis by answering the following questions. Select the best choice from among the possible answers. Purchasing computer equipment for cash will a. increase both total assets and total liabilities. b. decrease both total assets and stockholders’ equity. c. decrease both total liabilities and stockholders’ equity. d. have no effect on total assets, total liabilities, or stockholders’ equity.

Surf the Internet or conduct research in your library to find info about "The Big Four" accounting firms. Create a table of information about each firm and the services the firm provides.

Nautical has two classes of stock authorized: $10 par preferred, and$1 par value common. As of the beginning of 2018, 125 shares of preferred stock and 3,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2018:

$$\begin{array}{ll} \text{March 1} & \text{Issue 3,000 additional shares of common stock for \$10 per share.}\\ \text{April 1} & \text{Issue 175 additional shares of preferred stock for \$40 per share.}\\ \text{June 1} & \text{Declare a cash dividend on both common and preferred stock of \$0.25 per share to}\\ \text{ } & \text{all stockholders of record on June 15.}\\ \text{June 30} & \text{Pay the cash dividends declared on June 1.}\\ \text{August 1} & \text{Purchase 175 shares of common treasury stock for \$7 per share.}\\ \text{October 1} & \text{Reissue 125 shares of treasury stock purchased on August 1 for \$9 per share.}\\ \end{array}$$

Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2018: Preferred Stock, $1,250; Common Stock,$3,000; Additional Paid-in Capital, $19,500; and Retained Earnings,$11,500. Net income for the year ended December 31, 2018, is $7,650. 1. Record each of these transactions. 2. Indicate whether each of these transactions would increase (+), decrease (-), or have no effect (NE) on total assets, total liabilities, and total stockholders' equity by completing the following chart.$

$$\begin{matrix} \text{ } & \text{Total} & \text{Total} & \text{Total}\\ \text{Transaction} & \text{Assets} & \text{Liabilities} & \text{Stockholders' Equity}\\ \hline \text{Issue common stock}\\ \text{Issue preferred stock}\\ \text{Declare cash dividends}\\ \text{Pay cash dividends}\\ \text{Purchase treasury stock}\\ \text{Reissue treasury stock}\\ \end{matrix}$$

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Find the least squares straight line fit $y=a+b x$ to the given points. Show that the result is reasonable by graphing the line and plotting the data in the same coordinate system. $(0, 1), (2, 0), (3, 1), (3, 2)$

Explain in your own words how the conchae filter inspired air. Why do you think this filtering method is so effective?

$$8\left(\dfrac{7}{8}x+3\right)+5x-7$$

Based on landforms and climate, which areas of Latin America would be the least agriculturally productive? Which of the five themes are reflected in your answer?

Wanda B. Rich is the CEO of Outlet Flooring, a discount provider of carpet, tile, wood, and laminate flooring. At the end of the year, the company's accountant provides Wanda with the following information, before any adjustment.

$$\begin{matrix} \text{Accounts receivable} & \text{$\$ 11,000,000$}\\ \text{Estimated percentage uncollectible} & \text{4$\\\%$}\\ \text{Allowance for uncollectible accounts} & \text{$\$ 110,000(\text { credit })$}\\ \text{Operating income} & \text{$\$ 2,900,000$}\\ \end{matrix}$$

Wanda has significant stock ownership in the company and, therefore, would like to keep the stock price high. Analysts on Wall Street expect the company to have operating income of $2,200,000. The fact that actual operating income is well above this amount will make investors happy and help maintain a high stock price. Meeting analysts' expectations will also help Wanda keep her job. 1. Record the adjustment for uncollectible accounts using the accountant's estimate of 4% of accounts receivable. 2. After the adjustment is recorded in Requirement 1, what is the revised amount of operating income? Will Outlet Flooring still meet analysts' expectations? 3. Wanda instructs the accountant to instead record$700,000 as bad debt expense so that operating income will exactly meet analysts' expectations. By how much would total assets and operating income be misstated if the accountant records this amount? 4. Why would Wanda be motivated to manage operating income in this way?

Which of the following are taxa used by scientists to classify organisms. (choose all that apply) A. kingdom B. group C. species D. family E. type F. class G. phylum H. grade