Smith Corporation is reviewing the following transactions for its year-ended December 31, 2015. Determine the proper balance sheet presentation and amounts for each item:
Indicate the:
Show computations where necessary. If you could copy and paste each line item, and then give your answer, that would be superior.
In: Accounting
Describe one concrete example of how financial institutions took enormous risks using MBSs, CDOs, or CDSs . Explain how these risks contributed to what the author calls "the fragile house of cards upon which the American financial system what built."
Describe how compensation systems encouraged risk. Be specific. Briefly explain how these compensations systems contributed to what the author calls "the fragile house of cards upon which the American financial system was built."
Briefly describe what a rating agency is and give an example. Then, describe one of the reasons, given in the text, that explains why rating agencies failed to accurately rate mortgage-related securities in the years leading up to the financial crisis. (Consult pp. 79-81 in the text.).
In: Economics
In: Nursing
Write a c++ class definition for an abstract data type
describing a bookstore inventory. Each book has the following
attributes:
Book Title (character string);
Book Author (character string);
Book Price (Floating point number having two decimal places);
Count of books on hand (int);
The member functions are as follows:
A constructor that is used to initialize all four elements of the
structure to values inputted by the user;
A function that displays in a readable tabular form the contents of
a book in inventory;
A modify function that has an argument a code ('T', 'A', 'P', or
'C') indicating which attribute (title,author,price or count) of
the indicated book is to be changed. Based upon the attribute code,
the appropriate prompt should be displayed to allow the user to
enter the new value of the attribute.
In: Computer Science
What are the critical aspects of designing a good experiment? Discuss briefly.
a) If a data set outcome of an experiment does not support the theoretical model, can we say the theoretical model is wrong? Discuss what would you double check in the design of the experiment?
a) If a data set outcome of an experiment supports the theoretical model, can we say the theoretical model is confirmed? Discuss what would you double check in the design of the experiment.
In: Economics
Based on available data (search the internet) on GDP of countries of the world, name one country in each of the three stages of economic development from Asia, Americas, Africa, and Europe (you should end up with a list of 12 countries). Indicate in your answer their GDPs in $ and growth rates in %. for any one year (from 2016-2019). I have giving a range of years, as you might not get the most recent data for some countries.
How do you know which country is in which state of economic development? You may have to confirm that through some internet research.
In: Economics
4. Verify that the Cartesian product V × W of two vector spaces V and W over (the same field) F can be endowed with a vector space structure over F, namely, (v, w) + (v ′ , w′ ) := (v + v ′ , w + w ′ ) and c · (v, w) := (cv, cw) for all c ∈ F, v, v′ ∈ V , and w, w′ ∈ W. This “product” vector space (V × W, +, ·) is commonly (and more appropriately) denoted as V ⊕ W, called the direct sum of V and W. The Euclidean plane R 2 ≡ R × R is in fact R ⊕ R. (Remark. This notion of direct sum can be extended to the direct sum of finitely many vector spaces V1 ⊕ V2 ⊕ · · · ⊕ Vk in a straightforward way.)
In: Advanced Math
Recording and Reporting Accounts Receivable Transactions and Write-Offs
Provided below is a chronological log of a sale on credit by
Lumber Inc. to Anton.
Dec. 24, 2016—Sold merchandise to Anton, $2,000, terms 2/10,
n/30.
Jan. 2, 2017—Anton paid half of the receivable and took the
discount.
Dec. 31, 2019—Anton has failed to pay the receivable and Lumber
Inc. wrote Anton’s account off as uncollectible.
Dec. 31, 2021—Anton unexpectedly paid its debt to Lumber Inc. in
full, including 6% annual interest (not compounded, compute to the
nearest month).
a. Prepare the entry(ies) that Lumber Inc. should make at each of the above dates (ignore any cost of goods sold entries). Record sales using the net method.
| Date | Account Name | Dr. | Cr. |
|---|---|---|---|
| Dec. 24, 2016 | Answer |
| Answer | Answer |
| Answer |
| Answer | Answer |
| Jan. 2, 2017 | Answer |
| Answer | Answer |
| Answer |
| Answer | Answer |
| Dec. 31, 2019 | Answer |
| Answer | Answer |
| Answer |
| Answer | Answer |
| Dec. 31, 2021 | Answer |
| Answer | Answer |
| Answer |
| Answer | Answer | ||
| To reinstate accounts receivable. | |||
| Dec. 31, 2021 | Answer |
| Answer | Answer |
| Answer |
| Answer | Answer |
| Answer |
| Answer | Answer | ||
| To record cash collection. |
b. Indicate how Anton's account receivable should be reported by Lumber Inc. at each December 31, its annual year-end.
| Year-End | Accounts Receivable, |
|---|---|
| Current | |
| Dec. 31, 2016 | Answer |
| Dec. 31, 2017 | Answer |
| Dec. 31, 2018 | Answer |
| Dec. 31, 2019 | Answer |
| Dec. 31, 2020 | Answer |
| Dec. 31, 2021 | Answer |
Please answer all parts of the question.
In: Accounting
wood-chip manufacturing plant. Persons employed in this plant include: tree cutters, truckers, machine operators, packagers, assembly line workers, secretarial staff, management staff, janitorial staff, marketing and publicity staff, accounting staff and miscellaneous staff. Recently, labor leaders of the plant approached you, as an epidemiologist in the public health center, because they are concerned about what they perceive is an increase in respiratory complaints among employees. Design a cohort study to evaluate their concerns. Would you conduct a prospective or a retrospective study? What outcomes might you be interested in evaluating? Explain the strengths of your chosen study design.
In: Nursing
In 2002, Trask et al. published a study showing that a high frequency of HIV transmissions in Lusaka, Zambia occurred between marriage partners. Specifically, they studied a cohort of married couples where, at the beginning of the study, one partner was infected and the other was not. Later, the uninfected partner became infected. If you were doing this study, how could you use phylogenetic methods to determine whether the newly infected individual was likely infected by his/her partner? Briefly describe your study design and results that would support and results that would refute (you can use drawings if you wish) the partner-partner transmission scenario.
In: Biology