Question & Answer

A 12-inch diameter silicon wafer has a processable area that is circular with a diameter = 11.4 in. The IC chips that will be fabricated on the wafer surface are square with 0.75 in on a side, including an allowance for subsequent chip separation. However, the processable area on each chip is only 0.60 in by 0.60 in. The density of circuits within each chip’s processable area is 100,000 circuits per square inch. (a) How many IC chips can be placed onto the wafer? (b) Using Rent’s Rule with C = 3.8 and m = 0.43, how many input/output terminals (pins) will be needed for each chip package?

A 250 mm diameter silicon wafer has a processable area that is circular with a diameter = 225 mm. The IC chips that will be fabricated on the wafer surface are square with 20 mm on a side. However, the processable area on each chip is only 18 mm by 18 mm. The density of circuits within each chip’s processable area is 465 circuits per mm2. (a) How many IC chips can be placed onto the wafer? (b) Using Rent’s Rule with C = 4.5 and m = 0.35, how many input/output terminals (pins) will be needed for each chip package?

List and briefly describe some of the plastic forming methods used to shape traditional ceramic products.

Using the same information as in E14-22, answer the following questions related to American Bank (creditor). Instructions (a) What interest rate should American Bank use to calculate the loss on the debt restructuring? (b) Compute the loss that American Bank will suffer from the debt restructuring. Prepare the journal entry to record the loss. (c) Prepare the interest receipt schedule for American Bank after the debt restructuring. (d) Prepare the interest receipt entry for American Bank on December 31, 2016. (e) What entry should American Bank make on January 1, 2018?

Cost function using regression; other potential cost drivers The new cost analyst in your accounting department just received a computer-generated report that contains the results of a simple regression analysis. The analyst was estimating the costs of the marketing department using units sold as the cost driver. Summary results of the report are shown below.   Required (a)          Write an equation for the cost function based on the regression analysis. (b)          What does the adjusted R-square tell you? (c)           What other cost drivers could potentially explain marketing costs? Explain.

At January 1, 2014, Eikenberry Inc. had accounts receivable of $72,000. At December 31, 2014, accounts receivable is $54,000. Sales revenue for 2014 total $420,000. Compute Eikenberry’s 2014 cash receipts from customers.

Mancuso Corporation amended its pension plan on January 1, 2014, and granted $160,000 of prior service costs to its employees. The employees are expected to provide 2,000 service years in the future, with 350 service years in 2014. Compute prior service cost amortization for 2014.

Is the value of a money market fund or a bond fund more susceptible to rising interest rates? Explain. (LO3)

: What do you recommend Adam do to increase production in a business setting that does not seem to value high production?

What are the desirable characteristics of a brazing flux?

What adjustments are made annually to a shareholder’s basis in S corporate stock and in what order? What impact do these adjustments have on a subsequent sale of stock?

What decision approach would you have used if you were Tate? Why?

Hill Corporation is in the leasing business and faces a marginal tax rate of 21 percent. It has leased a building to Whitewater Corporation for several years. Hill bought the building for $150,000 and claimed $20,000 of depreciation deductions against the asset. The lease term is about to expire and Whitewater would like to acquire the building. Hill has been offered two options:

Presented below is the balance sheet of Sargent Corporation for the current year, 2014.   The following information is presented. 1. The current assets section includes cash $150,000, accounts receivable $170,000 less $10,000 for allowance for doubtful accounts, inventories $180,000, and unearned rent revenue $5,000. Inventoy is stated on the lower-of-FIFO-cost-or-market. 2. The investments section includes the cash surrender value of a life insurance contract $40,000; investments in common stock, short-term (trading) $80,000 and long-term (available-for-sale) $270,000; and bond sinking fund $250,000. The cost and fair value of investments in common stock are the same. 3. Property, plant, and equipment includes buildings $1,040,000 less accumulated depreciation $360,000; equipment $450,000 less accumulated depreciation $180,000; land $500,000; and land held for future use $270,000. 4. Intangible assets include a franchise $165,000; goodwill $100,000; and discount on bonds payable $40,000. 5. Current liabilities include accounts payable $140,000; notes payable—short-term $80,000 and longterm $120,000; and income taxes payable $40,000. 6. Long-term liabilities are composed solely of 7% bonds payable due 2022. 7. Stockholders’ equity has preferred stock, no par value, authorized 200,000 shares, issued 70,000 shares for $450,000; and common stock, $1.00 par value, authorized 400,000 shares, issued 100,000 shares at an average price of $10. In addition, the corporation has retained earnings of $320,000. Instructions Prepare a balance sheet in good form, adjusting the amounts in each balance sheet classification as affected by the information given above.

There are 23 correct answers in the following multiple choice questions (some questions have multiple answers that are correct). To attain a perfect score on the quiz, all correct answers must be given. Each correct answer is worth 1 point. Each omitted answer or wrong answer reduces the score by 1 point, and each additional answer beyond the correct number of answers reduces the score by 1 point. Percentage score on the quiz is based on the total number of correct answers. 22.1 Which of the following are examples of generating the workpart geometry in machining, as opposed to forming the geometry (two best answers): (a) broaching, (b) contour turning, (c) drilling, (d) profile milling, and (e) thread cutting? 22.2 In a turning operation, the change in diameter of the workpart is equal to which one of the following: (a) 1 x depth of cut, (b) 2 x depth of cut, (c) 1 x feed, or (d) 2 x feed? 22.3 A lathe can be used to perform which of the following machining operations (three correct answers): (a) boring, (b) broaching, (c) drilling, (d) milling, (e) planing, and (f) turning? 22.4 A facing operation is normally performed on which one of the following machine tools: (a) drill press, (b) lathe, (c) milling machine, (d) planer, or (e) shaper? 22.5 Knurling is performed on a lathe, but it is not a metal cutting operation: (a) true or (b) false? 22.6 Which one of the following cutting tools cannot be used on a turret lathe: (a) broach, (b) cutoff tool, (c) drill bit, (d) single-point turning tool, or (e) threading tool? 22.7 Which one of the following turning machines permits very long bar stock to be used: (a) chucking machine, (b) engine lathe, (c) screw machine, (d) speed lathe, or (e) turret lathe? 22.8 The twist drill is the most common type of drill bit: (a) true or (b) false? 22.9 A tap is a cutting tool used to create which one of the following geometries: (a) external threads, (b) flat planar surfaces, (c) holes used in beer kegs, (d) internal threads, or (e) square holes? 22.10 Reaming is used for which of the following functions (three correct answers): (a) accurately locate a hole position, (b) enlarge a drilled hole, (c) improve surface finish on a hole, (d) improve tolerance on hole diameter, and (e) provide an internal thread? 22.11 End milling is most similar to which one of the following: (a) face milling, (b) peripheral milling, (c) plain milling, or (d) slab milling? 22.12 The basic milling machine is which one of the following: (a) bed type, (b) knee-and-column, (c) profiling mill, (d) ram mill, or (e) universal milling machine? 22.13 A planing operation is best described by which one of the following: (a) a single-point tool moves linearly past a stationary workpart, (b) a tool with multiple teeth moves linearly past a stationary workpart, (c) a workpart is fed linearly past a rotating cutting tool, or (d) a workpart moves linearly past a single-point tool? 22.14 A broaching operation is best described by which one of the following: (a) a rotating tool moves past a stationary workpart, (b) a tool with multiple teeth moves linearly past a stationary workpart, (c) a workpart is fed past a rotating cutting tool, or (d) a workpart moves linearly past a stationary single-point tool? 22.15 The three basic types of sawing, according to type of blade motion involved, are (a) abrasive cutoff, (b) bandsawing, (c) circular sawing, (d) contouring, (e) friction sawing, (f) hacksawing, and (g) slotting? 22.16 Gear hobbing is a special form of which one of the following machining operations: (a) grinding, (b) milling, (c) planing, (d) shaping, or (e) turning?

Why don’t farmers benefit from a high income elasticity of demand for convenience foods?

The credit crisis was caused by the mortgage market, yet it had a serious impact on bond markets. Write a short essay on how the bond market was affected and offer your opinion on how the bond market may attempt to insulate itself from a credit crisis in the future.

Irene is saving for a new car she hopes to purchase either four or six years from now.  Irene invests $10,000 in a growth stock that does not pay dividends and expects a 6 percent annual before-tax return (the investment is tax deferred).When she cashes in the investment after either four or six years, she expects the applicable marginal tax rate on long-term capital gains to be 25 percent.  a.       What will be the value of this investment four and six years from now? b.      When Irene sells the investment, how much cash will she have after taxes to purchase the new car (four and six years from now)?

There are 14 correct answers in the following multiple choice questions (some questions have multiple answers that are correct). To attain a perfect score on the quiz, all correct answers must be given. Each correct answer is worth 1 point. Each omitted answer or wrong answer reduces the score by 1 point, andeach additional answer beyond the correct number of answers reduces the score by 1 point. Percentage on the quiz is based on the total number of correct answers. 35.1 The second level of packaging refers to which one of the following: (a) component to printed circuit board, (b) IC chip to package, (c) intraconnections on the IC chip, or (d) wiring and cabling connections? 35.2 Surface-mount technology is included within which one of the following levels of packaging: (a) zeroth, (b) first, (c) second, (d) third, or (e) fourth? 35.3 Card-on-board (COB) packaging refers to which one of the following levels in the electronics packaging hierarchy: (a) zeroth, (b) first, (c) second, (d) third, or (e) fourth? 35.4 Which of the following polymeric materials is commonly used as an ingredient in the insulation layer of a printed circuit board (two correct answers): (a) copper, (b) E-glass, (c) epoxy, (d) phenolic, (e) polyethylene, and (f) polypropylene? 35.5 Typical thickness of the copper layer in a printed circuit board is which one of the following: (a) 0.100 inch, (b) 0.010 inch, (c) 0.001 inch, or (d) 0.0001 inch? 35.6 Photolithography is widely used in PCB fabrication. Which of the following is the most common resist type used in the processing of PCBs: (a) negative resists or (b) positive resists? 35.7 Which of the following plating processes has the higher deposition rate in PCB fabrication: (a) electroless plating or (b) electroplating? 35.8 In addition to copper, which one of the following is another common metal plated onto a PCB: (a) aluminum, (b) gold, (c) nickel, or (d) tin? 35.9 Which of the following are the soldering processes used to attach components to printed circuit boards in through-hole technology (two best answers): (a) hand soldering, (b) infrared soldering, (c) reflow soldering, (d) torch soldering, and (e) wave soldering? 35.10 In general, which of the following technologies results in greater problems during rework: (a) surface-mount technology, or (b) through-hole technology? 35.11 Which of the following electrical connection methods produce a separable connection (two correct answers): (a) crimping of terminals, (b) press fitting, (c) soldering, (d) terminal blocks, and (e) sockets?

Are taxpayers allowed to deduct any from AGI deductions that are not itemized deductions?  Explain.

Jennings Inc. reported the following pretax income (loss) and related tax rates during the years 2010 2016. Pretax Income (loss) Tax Rate 2010 $ 40,000 30% 2011 25,000 30% 2012 50,000 30% 2013 80,000 40% 2014 (180,000) 45% 2015 70,000 40% 2016 100,000 35% Pretax financial income (loss) and taxable income (loss) were the same for all years since Jennings began business. The tax rates from 2013–2016 were enacted in 2013. Instructions (a) Prepare the journal entries for the years 2014–2016 to record income taxes payable (refundable), income tax expense (benefit), and the tax effects of the loss carryback and carryforward. Assume that Jennings elects the carryback provision where possible and expects to realize the benefits of any loss carryforward in the year that immediately follows the loss year. (b) Indicate the effect the 2014 entry(ies) has on the December 31, 2014, balance sheet. (c) Prepare the portion of the income statement, starting with “Operating loss before income taxes,” for 2014. (d) Prepare the portion of the income statement, starting with “Income before income taxes,” for 2015.

There are 14 correct answers in the following multiple choice questions (some questions have multiple answers that are correct). To attain a perfect score on the quiz, all correct answers must be given. Each correct answer is worth 1 point. Each omitted answer or wrong answer reduces the score by 1 point, and each additional answer beyond the correct number of answers reduces the score by 1 point. Percentage on the quiz is based on the total number of correct answers. 36.1 Microsystem technology includes which of the following (three best answers): (a) LIGA technology, (b) microelectromechanical systems, (c) micromachines, (d) nanotechnology, (e) and precision engineering? 36.2 Which of the following are current applications of microsystem technology in modern automobiles (three best answers): (a) air-bag release sensors, (b) alcohol blood level sensors, (c) driver identification sensors for theft prevention, (d) oil pressure sensors, and (e) temperature sensors for cabin climate control? 36.3 The polymer used to make compact discs (CDs) and digital versatile discs (DVDs) is which one of the following: (a) amino resin, (b) epoxy resin, (c) polyamides, (d) polycarbonate, (e) polyethylene, or (f) polypropylene? 36.4 The most common work material used in microsystem technology is which one of the following: (a) boron, (b) gold, (c) nickel, (d) potassium hydroxide, or (e) silicon? 36.5 The aspect ratio in microsystem technology is best defined by which one of the following: (a) degree of anisotropy in etched features, (b) height-to-width ratio of the fabricated features, (c) height-to-width ratio of the MST device, (d) length-to-width ratio of the fabricated features, or (e) thickness-to-length ratio of the MST device? 36.6 Which of the following forms of radiation have wavelengths shorter than the wavelength of ultraviolet light used in photolithography (two correct answers): (a) electron beam radiation, (b) natural light, and (c) X-ray radiation? 36.7 Bulk micromachining refers to a relatively deep wet etching process into a single-crystal silicon substrate: (a) true or (b) false? 36.8 In the LIGA process, the letters LIGA stand for which one of the following: (a) let it go already, (b) little grinding apparatus, (c) lithographic applications, (d) lithography, electrodeposition, and plastic molding, or (e) lithography, grinding, and alteration? 36.9 Photofabrication is the same process as photolithography. (a) true or (b) false?

Explain how the expected interest rate in 1 year depends on your expectation of economic growth and inflation. (LO2)

What are the general rules for measuring and recognizing gain or loss by both the debtor and the creditor in an impairment?

How is surface texture distinguished from surface integrity?