Questions
Smith Corporation is reviewing the following transactions for its year-ended December 31, 2015. Determine the proper...

  1. 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:

    1. Name of the account to use.
    2. Whether it is current or long-term, asset or liability.
    3. The amount.

    Show computations where necessary. If you could copy and paste each line item, and then give your answer, that would be superior.

    1. On December 15, 2015 the company declared a $2.50 per share dividend on 400,000 shares of common stock outstanding, to be paid on January 5, 2016.
    2. The amounts receivable account includes $50,000 due in three years from employees.
    3. At December 31, bonds payable of $200,000,000 are outstanding. The bonds pay 12% interest every September 30 and mature in installments of $50,000,000 every September 30.
    4. Included in long-term investments are 10-year U.S. Treasury bonds costing $500,000 that mature March 31, 2016. The bonds were purchased November 20, 2015.

In: Accounting

Describe one concrete example of how financial institutions took enormous risks using MBSs, CDOs, or CDSs


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 the end, all the characters in Everything I Never Told You survive-- except Lydia. James...

In the end, all the characters in Everything I Never Told You survive-- except Lydia. James and Marilyn reconcile, emotionally and physically. Hannah begins to receive love and appreciation from her mother especially. Nath gets to punch out Jack, go to Harvard, and eventually (as one line of the novel reveals) becomes an astronaut. But Lydia dies. Why was she the family's fulcrum for suffering in the years leading up to, and why did she drown in the lake that night? Why did the author choose to have this family suffer the loss of the "favored" daughter, and the daughter to become the eternal victim? This is a fiction, after all, and the author could have chosen to let the character live. But would Lydia's survival been unbelievable? Was her death necessary for the others to survive psychologically and spiritually?

In: Nursing

Write a c++ class definition for an abstract data type describing a bookstore inventory. Each book...

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...

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...

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...

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...

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.

  • Note: List multiple debits or credits (when applicable) in alphabetical order according to the first letter of the account name.
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...

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 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