Barrett Corporation manufactures leather products. The corporation uses a non-contributory, defined benefit pension plan for its 230 employees.

The footnote to the financial statements relating to the pension plan, in part, stated:

Note J. The company has a defined benefit pension plan covering substantially all of its employees. The benefits are based on years of service and the employee’s compensation during the last four years of employment. The company’s funding policy is to contribute annually the maximum amount allowed under the tax law. Contributions are intended to provide for benefits expected to be earned in the future as well as those earned to date.

The net periodic pension expense on Barrett Corporation’s comparative income statement showed an increase between 2016 and 2017.

The corporation provided the following information related to its defined benefit pension plan at December 31, 2018:

The new CEO, Patricia Wright, while reviewing the previous three year’s financial statements with the Controller, Helen Stewart, had some concerns. Given that Barrett Corporation’s work force has been stable for the last 6 years, Patricia could not understand the increase in the net periodic pension expense between 2016 and 2017. Helen explained that the net periodic pension expense consists of several elements, some of which may increase or decrease the net expense.

Prepare the note disclosing the components of pension expense for the year 2018.

Net income for 2018 is $35,000. Determine the amounts of other comprehensive income and comprehensive income for 2018.

Compute accumulated other comprehensive income reported at December 31, 2018.

On the planet Homogenia every consumer who has ever lived consumes only two goods, x and y, and has the utility function U( x, y) = xy. The currency in Homogenia is the fragel. In this country in 1900, the price of good 1 was 1 fragel and the price of good 2 was 2 fragels. Per capita income was 108 fragels in 1990. In 2000, the price of good 1 was 3 fragels and the price of good 2 was 4 fragels and per capita income increased to 120

a. The quantity of x that's consumed in 1990 and 2000 are: ______ and _______respectively

b. The quantity of y that's consumed in 1990 and 2000 are: ______. and ______ respectively

c. The Laspeyres quantity index for the quantity level in 2000 relative to the price level in 1900 is. ___________ (rounded to 2 decimals)

d. The Paasche quantity index for the quantity level in 2000 relative to the price level in 1900 is ____________(rounded to 2 decimals)

e. The Laspeyres price index for the price level in 2000 relative to the price level in 1900 is _____________ (rounded to 2 decimals)

f. The Paasche price index for the price level in 2000 relative to the price level in 1900 is ___________ (rounded to 2 decimals).

Assume no time lags. Political turmoil in the us leads to a none period adverse spending shock in 2018. The repercussions are felt globally causing exchange rate in developing countries to strong depreciate. The prices of imported goods in the us would fall except for the imposition of tariffs so the us economy experiences a one period adverse supply shock also felt in 2018. Call the initial pre shock point a and call the after shock point B. I should see points a and b I both graphs on the left ( both labelled carefully). Illustrate the shock described using the AE/PC model without time lags. ( Use the AE PC graph similarly to the textbooks). For your analysis, chose as a starting point, and economy operating at potential GDP and at its inflation target. Describe the appropriate feds response by following if it is following non accommodative monetary policy. The response should start with point b as earlier shown. Introduce point c to show the intervention ( in 2018 ) and point d to indicate the final outcome of the intervention.

Shock ( two graphs)                                                                        RESPOSE                                        

( SPACE)                                                                                       

-----------------------------                                               ____________________________                                

                y*                                                                                      y*

(SPACE)

-------------------------------------------                                             _____________________

On January 1, 2017, Bonduris Company leases warehouse space in Oakland, CA. The lease is for six years with payments to be made at the beginning of each year. The lease calls for Bonduris to pay $15,000 on January 1, 2017. The lease calls for subsequent rent payments to increase 10% per year. For example, the January 1, 2018 payment will be $16,500, and the January 1, 2019 payment will be $18,150. Bonduris has adopted early ASC 842 and has appropriately classified the lease as an operating lease. Bonduris has a calendar reporting year and an incremental borrowing rate of 7%. Bonduris uses straight-line amortization for its long-lived assets. Ignore current and non-currrent classification for this exercise.
Required:
1. What journal entries should Bonduris make at January 1, 2017, to record the effects of the lease?
2. Prepare Bonduris's amortization table for the leased warehouse.
3. What is the balance of the lease liability on January 1, 2018, after Bonduris makes the rent payment?
4. What is the balance of the right-of-use asset on January 1, 2018, after Bonduris makes the rent payment?

A random sample of size 30 from an exponential distribution with mean 5 is simulated.

Show the R-code to plot the empirical cdf for this sample along with the true cdf in the sample graph.

Determine the empirical formula of a compound that is 53.3% C, 11.2% H, and 35.5% O by mass. What is the molecular formula of the compound, if its molar mass is approximately 90 g/mol?

An unknown compound contains only C, H, and O. Combustion of 3.50 g of this compound produced 7.96 g of CO2 and 3.26 g of H2O.What is the empirical formula of the unknown compound?

Use the Semi Empirical Mass Formula to calculate the kinetic energy of an alpha particle (42He) emitted in the process 235U → 231Th + α.The bond energy of the α-particle is 28.3 MeV.

A yellow substance was found to contain 54.5% Carbon, 9.10% Hydrogen and 34.6% Oxygen by mass. What is the molecular and empirical formula for the compound if it has a molar mass of approximately 135g/mole?

Identify at least two accounting measures that are used in empirical asset pricing models and explain how these measures can be used to identify assets that are expected to have higher returns in the future.