The following account balances are for the Agee Company as of January 1, 2017, and December 31, 2017. All amounts are denominated in kroner (Kr).

Additional Information

• Agee issued additional shares of common stock during the year on April 1, 2017. Common stock at January 1, 2017, was sold at the start of operations in 2010.

• Agee purchased buildings in 2011 and sold one building with a book value of Kr 1,500 on July 1 of the current year.

• Equipment was acquired on April 1, 2017.

Relevant exchange rates for 1 Kr were as follows:

1. Assuming the U.S. dollar is the functional currency, what is the remeasurement gain or loss for 2017? The December 31, 2016, U.S. dollar-translated balance sheet reported retained earnings of $145,200, which included a remeasurement loss of $28,300.

2. Assuming the foreign currency is the functional currency, what is the translation adjustment for 2017? The December 31, 2016, U.S. dollar-translated balance sheet reported retained earnings of $162,250, and a cumulative translation adjustment of $9,650 (credit balance).

(Input all answers as positive.)

Remeasurment -------------------------?

Translation Adjustment ------------------------?

Parker Corporation has issued 1,700 shares of common stock and 340 shares of preferred stock for a lump sum of $62,000 cash.

Give the entry for the issuance assuming the par value of the common stock was $5 and the fair value $30, and the par value of the preferred stock was $40 and the fair value $50. (Each valuation is on a per share basis and there are ready markets for each stock.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

List of Accounts

Give the entry for the issuance assuming the same facts as the par value of the common stock was $5 and the fair value of $25 per share, and the par value of the preferred stock was $40 and has no ready market. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

The Valerie Trust is a complex trust. In Year 3, The Valerie Trust had various items of income and expense as indicated below. For each item below, please indicate how much, if any, should be included in the calculation of distributable net income for Year 3.

Item                                                                                        Amount in DNI

1. Corporate Bond interest received, $700.
2. Municipal Bond interest received, $400.
3. A stock that was purchased 2 years ago for $2,100 was sold for $6,100.
4. Rental
   1. Income of $4,500.
   2. Rental Expense of $1,100
5. Trustee fee, $2,000 allocated 70% to principal and 30% to income.

How do traders treat swap income and expenses and how do investors treat swap income and expense. There is a major difference, what is it?

Direct, sequential, and reciprocal allocation
Ming Company has two service departments (S1 and S2) and two production departments (P1 and P2). Last year, directly identified overhead costs were $255,000 for S1 and $320,000 for S2.
Information on the consumption of their services follows:

(a) Determine the service department costs allocated to the two production departments using the direct method.
Note: Round each rate to two decimal places before calculating the allocated amounts. Round answers to the nearest dollar.

(b) Determine the service department costs allocated to the two production departments using the sequential method beginning with the allocation of S1 department costs.
Note: Round each rate to two decimal places before calculating the allocated amounts. Round answers to the nearest dollar.

(c) Determine the service department costs allocated to the two production departments using the reciprocal method.

Note: Do not round your computations; however, round your final answers to the nearest dollar.

I do have an accounting project and one of the requirements is to ( Write a brief of how the team carried out the plan also to comment on how you would improve your process for completing the project) we all did a good job on the project but I'm bad at writing a brief summary on it.

i need help!

1-Love deep invested $300,000 cash to begin her environmental consulting business

2- his Environmental Consulting paid $50 ,000 cash for land as a future office lactation .

3- The business purchased office supplies for $20,000 on account,

4-The business provided environmental consulting services for clients and received $50,000 cash.

5-The business provided environmental consulting services of $30 ,000 to clients who will pay for the services within one month.

6-The business paid the following expenses: office rent, $5,000; employee salaries, $5,000; and utilities, $5,000

7-The business paid $10,000 on the account payable created in Transaction 3.

8- Loveddep remodelled her personal residence with personal funds. This is not a business transaction of the environmental consulting business, so no journal entry is made

9-The business received $20,000 cash from one of the clients discussed in Transaction 5.

10- Lovedeep withdrew $10,000 cash for personal living expenses

Derrick Iverson is a divisional manager for Holston Company. His annual pay raises are largely determined by his division’s return on investment (ROI), which has been above 20% each of the last three years. Derrick is considering a capital budgeting project that would require a $3,800,000 investment in equipment with a useful life of five years and no salvage value. Holston Company’s discount rate is 16%. The project would provide net operating income each year for five years as follows:

Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables.

Required:

1. Compute the project's net present value.

2. Compute the project's simple rate of return.

3a. Would the company want Derrick to pursue this investment opportunity?

3b. Would Derrick be inclined to pursue this investment opportunity?

Inventory information for Part 311 of Splish Corp. discloses the following information for the month of June.

(a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO.

(b) Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory for LIFO?

(c) Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit id the inventory is valued at FIFO?

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.50 Electricity $ 1,300 $ 0.05 Maintenance $ 0.10 Wages and salaries $ 4,400 $ 0.20 Depreciation $ 8,000 Rent $ 2,000 Administrative expenses $ 1,500 $ 0.05 For example, electricity costs are $1,300 per month plus $0.05 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.30 per car washed. The actual operating results for August appear below.

Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,200 Revenue $ 53,130 Expenses: Cleaning supplies 4,550 Electricity 1,675 Maintenance 1,050 Wages and salaries 6,380 Depreciation 8,000 Rent 2,200 Administrative expenses 1,805 Total expense 25,660 Net operating income $ 27,470 Required: Prepare a flexible budget performance report that shows the company’s revenue and spending variances and activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

I need the briefly outline for the topic:''There is no such thing as business ethics. There is only one kind to adhere to the highest standards''. (Marvin Bower).What do you think about this statement? Give your opinions in an academic way."

Must have the thesis statement in introduction

Please break down and give bullet for each main point as I wanna know what should i need to have and do in this academic essay

An airline is considering purchasing a new Boeing aircraft that is quoted at
$35 million per unit. Boeing requires a 10% down payment paid at the time of delivery,
and the balance is to be paid over a 10-year period at an interest rate of 9% compounded
annually (see the hints below for better explanation). The actual payment schedule calls
for making only interest payments over the 10-year period, with the original principal
amount to be paid off at the end of the 10th year. The expected annual revenue is $40
million, while the annual operating and maintenance cost is $30 million. The aircraft is
expected to have a 15-year service life with a salvage value of 15% of the original
purchase price, and will be depreciated by the seven-year MACRS property
classification. The firm’s combined federal and state marginal tax rate is 38%. The
MARR is 18%.

(a.) Determine the cash flow of the entire project associated with the debt
financing. Use excel spreadsheet and present your calculation using the cash
flow table

- Assume all values are in today’s money (do not inflate).
- 10% down payment is paid at year 0 (10% of the $35M)
- 9% of the unpaid principal ($35M - $3.5M down payment) is paid every year
to Boeing from year 1 to year 10.
- Unpaid principal ($35M - $3.5M down payment) is paid as lump sum at year
10.

Question 1
A legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company is called

A.a term bond.
B.a bond debenture.
C.trading on the equity.
D.a bond indenture.

Question 2
Bonds that are secured by real estate are termed

A.mortgage bonds.
B.serial bonds.
C.debentures.
D.bearer bonds.

Question 3
Bonds issued against the general credit of the borrower are called

A.callable bonds.
B.mortgage bonds.
C.debenture bonds.
D.sinking fund bonds.

Question 4
Bonds that may be exchanged for common stock at the option of the bondholders are called

A.convertible bonds.
B.callable bonds.
C.stock bonds.
D.options.

Question 5
Bonds that are subject to retirement at a stated dollar amount prior to maturity at the option of the issuer are called

A.early retirement bonds.
B.debentures.
C.callable bonds.
D.options.

Question 6
Bonds that have specific assets of the issuer pledged as collateral are

A.debenture bonds.
B.secured bonds.
C.callable bonds.
D.convertible bonds.

Question 7
The interest rate investors demand for loaning funds is the

A.market interest rate.
B.bond interest rate.
C.stated rate.
D.contractual interest rate.

Question 8
A corporation recognizes a gain or loss

A.only when bonds are converted into common stock.
B.only when bonds are redeemed before maturity.
C.when bonds are redeemed at or before maturity.
D.when bonds are converted into common stock and when they are redeemed before maturity.

  
Question 9
If there is a loss on bonds redeemed early, the

A.loss is debited to Interest Expense, as a cost of financing.
B.loss is debited directly to Retained Earnings.
C.bonds’ carrying value was less than the redemption price.
D.bonds’ carrying value was greater than the redemption price.

Question 10
A $495000 bond was retired at 98 when the carrying value of the bond was $490000. The entry to record the retirement would include a

A.loss on bond redemption of $5000.
B.gain on bond redemption of $5000.
C.loss on bond redemption of $4900.
D.gain on bond redemption of $4900.

Question 11
A $2100 face value bond with a quoted price of 98 is selling for

A.$98.
B.$2002.
C.$2100.
D.$2058.

Question 12
A bond with a face value of $520000 and a quoted price of 102.125 has a selling price of

A.$520585.
B.$531050.
C.$530465.
D.$624585.

Please answer the following Question in detail of the following question in 350 Word count in your own words. Please cite your reference from internet search. please answer each question individually. Perform an internet search for a current health care organization of your choice (preferably publicly traded for-profit organizations because these organizations must report all financial data and make it available to the public). In your search, select and evaluate the report of the financial information from the past 4 quarters or more. Complete the following for this assignment:

• Search the Internet for assistance in completing applicable financial calculations for this assignment.

• Using the statements that you located, provide a financial plan that will do the following:

o Create projected financial statements to analyze effects of alternate operating assumptions on the firm’s financial condition

o Determine the projected financial requirements that will be needed to support each of the 3 sets of alternate operating instructions

o Forecast the financial sources that might be needed to support your alternative assumptions

o Assess the projected results using a financial condition analysis to the forecasted data

The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion.

Prepare its process cost summary using the weighted-average method.