1. On April 1, 2020, Sydney Company issued 300 $1,000 bonds at 98. Each bond was issued with two detachable stock warrants. Shortly after issuance, the bonds were selling at 96, and the warrants were selling for $50 each.

Instructions:

Prepare the entry to record the issuance of the bonds and warrant

2.

The Cinci Company issues $100,000, 10% bonds at 103 on April 1, 2020. The bonds are dated January 1, 2020 and mature six years from that date. Straight-line amortization is used. Interest is paid annually each December 31. Compute the bond carrying value as of December 31, 2023.

Answer

$_______________

Evaluate the performance of the CEO of Johnson & Johnson from the perspective of (a) stockholders, (b)

employees, (c) customers, and (d) suppliers. What does this evaluation tell you about the ability of

the CEO and the priorities that he or she is committed to?

By now you should have started thinking about who you would like to interview for the Company Report Project. Any questions about the report or how to find the information for your company? Any advice on what questions worked well for you or might help your classmates find information that they need to complete the project? What are your thoughts about the information found in the Company Report? Any surprises?

In this simulation, you are assigned the role of Senior Vice President for Marketing at Enhanced Analytics, Inc., a provider of marketing and consulting services, with headquarters in Austin, Texas. In this role, you report directly to the CEO of the company and are responsible for decision-making and marketing strategy. You oversee a department with 25 employees at the company. The CEO of the company has informed you at the weekly executive meeting that Premier Drinks of Sofia, Bulgaria - a key client of Enhanced Analytics, Inc. - has reported a drop in sales, despite an expensive and carefully managed marketing campaign produced by your department. The management of Premier Drinks reports increased competition in the soft drink market in Bulgaria. Two companies - one from Poland and one from Germany - have recently established operations in the country. You were already aware of the trends in the local competitive environment from the periodic reports received from your campaign manager in Bulgaria. You have also studied the marketing efforts of some of your client's competitors and continue to believe that your campaign, particularly the promotional and pricing strategy adopted, is superior. The managers of Premier Drinks suspect that their local competitors have made payments to some of the local officials in exchange for an opportunity to sell their products in local government buildings and at sporting events, many of which have been off-limits to Premier Drinks. This lack of access has put a dent in the sales figures of Premier Drinks, and the company is now seeking guidance from Enhanced Analytics as to how to proceed. The executive team of Enhanced Analytics, led by the CEO, will be meeting to review options, next week. In your own words, prepare a report for the company's executives, containing the following sections (do not worry about being right or wrong; simply offer your perspective on the company’s situation and your recommendation):

3. Decision Options - an outline of 4 specific courses of action / decisions that your client can make to solve the problem. The purpose of this section is to get a clear overview of the options available to management. Because the company has limited resources, management will have to pick the best option

4. Decision - a clear recommendation, outlining which one of the 4 options is the best

5. Justification - a clear, concise justification of your decision from #4

Assume that you are a CEO of a certain company. The company is building its Internal Environment:

1. Management’s philosophy, operating style, and risk appetite

2. Commitment to integrity, ethical values, and competence

3. Internal control oversight by the board of directors

4. Organizational structure

5. Methods of assigning authority and responsibility

6. Human resource standards that attract, develop, and retain competent individuals

7. External influences

Below, fill up the company's profile.

Then choose 4 aspects from above to give clear and specific examples of. You should provide one good and one bad example for each aspect. BE specific to your own company environment/business/culture (for example by mentioning department names, people names, detailed events, …).

You are the CEO of a widget manufacturing company. The company is experiencing financial trouble, and needs to produce more widgets in order to stay in operation. In order to encourage your employees, you declare at a meeting that “if everyone works really hard this year and we meet production standards, I’ll give every employee $100.” Employees work unusually hard in response and by the end of the year the firm meets the expected standards. It is also in much better financial condition. Considering both the legal and business implications, evaluate whether or not you should make the payments.

Alan Tan is the CEO for an airline company. The company has a large proportion of its aircraft leased from manufacturers under lease agreements that can be cancelled at any time with minimal penalties. At the end of the period starting on 1 January 2019, looking at the statement of financial position prepared by the company accountant, Joyce Maine, Alan noticed a large increase in the total assets and liabilities. Not being aware of any major restructuring activities or investments during the period but having heard about a change in the accounting rules governing leases, Alan asks Joyce to prepare a report describing how the changes in those accounting rules affect the company.

Required

Joyce approaches you, a junior accountant, to summarise the changes in the treatment of some leases that caused the large increase in the total assets and liabilities. Provide a short description of those changes to Joyce.