Alex is a carpenter who purchased a vacant block of land in Sydney on 1 October 1980. On 1 September 1986, Alex built a house on the land. At the time, the land was valued at $110,000 and the cost of construction was $100,000. Immediately, after the construction finished, the property has been rented out. On 1 March 2019, Alex sold the property at auction for $1,400,000. With reference to relevant legislation/case law determine: (A) Alex’s net capital gain or net capital loss for the year ended 30 June 2019 using both Discount method and Indexation method. (B) How would your answer to (A) differ if the owner of the property was a company instead of Alex?

Question 2:

On September 25, 2020, ATS Corporation purchased land as a factory site for 600,000 TL. An old building on the property was demolished and removed and the construction of a new building which was completed on November 24, 2020. Costs incurred during this period are listed below:

(Salvaged materials resulting from demolition were sold for 120,000TL.)

Required:

1. How much should ATS Corporation record the cost of the land and new building respectively?
2. Record the journal entries assuming all payments and receipts are in cash.

Park Corporation is planning to issue bonds with a face value of $2,400,000 and a coupon rate of 9 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a premium account. Assume an annual market rate of interest of 7.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

Required:

1. Prepare the journal entry to record the issuance of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

   
    
2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answer to whole dollars.)

3. How will Park present its bonds on its June 30 balance sheet? (Round your final answer to whole dollars.)

1. Assume that a national park has recently allowed people to drive all terrain vehicles on trails throughout the park. These vehicles create noise that scare the park’s wildlife lessening the quality of visits for other park enthusiasts.   You are asked to conduct a study to show the change in the park’s value.

a) What specific valuation method should you use?

b) How would you use that method?

c) What are some problems that might results from your use of that method?

2. In order to increase economic activity a city proposes to allow diesel powered delivery vehicles to operate in residential neighborhoods.   Diesel exhaust contains soot which is a major cause of asthma and other respiratory ailments leading to a decrease in the quality of life in these neighborhoods.   A neighborhood group opposed to this proposal hires you to conduct a valuation study to show the decrease in the quality of life.  

a) What specific valuation method should you use?

b) How would you use that method?

c) What are some problems that might results from your use of that method?

Park Corporation is planning to issue bonds with a face value of $790,000 and a coupon rate of 7.5 percent. The bonds mature in 6 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.)

Required: 1. Prepare the journal entry to record the issuance of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

3. What bond payable amount will Park report on its June 30 balance sheet? (Enter all amounts with a positive sign.)

Park Corporation is planning to issue bonds with a face value of $3,400,000 and a coupon rate of 7 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a premium account. Assume an annual market rate of interest of 6.0 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

Required:

1. Prepare the journal entry to record the issuance of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answer to whole dollars.)

3. How will Park present its bonds on its June 30 balance sheet? (Round your final answer to whole dollars.)

After reviewing the standards of performance, you find that the hotel has determined that the standard of performance for room cleanliness requires that 75% of customers respond “completely satisfied”. You decide that corrective action is needed in order to raise the customer satisfaction rating. You meet with your assistant managers, Katherine and Brian, to discuss the situation. They each offer a different suggestion on what you should do next. Brian thinks the housekeeping staff is doing a great job at cleaning the rooms. The problem, he thinks, is that customers have become too picky and expect a five star hotel at three star prices. He suggests that you lower the standards of performance to 70%. Katherine disagrees and thinks you should hold mandatory meetings in order to retrain the housekeeping staff. Even though customers are picky, the hotel should be able to rise up and meet the current standard of performance.

What should you do?

A)Agree with Katherine, and require mandatory training sessions with the housekeeping staff.

B)Agree with Brian and lower the standard of performance to have 70% of guests “completely satisfied”.

1. Normally, the flow of electrons to O2 is tightly linked to the production of ATP via the electrochemical gradient. If ATP synthase is inhibited, for example, electrons do not flow down the electron-transport chain and respiration ceases. Since the 1940s, several substances— such as 2,4-dini-trophenol (DNP)—have been known to uncouple electron flow from ATP synthesis (see figure to the right). DNP dissipates the proton gradient by carrying H+ across the inner mitochondrial membrane through simple diffusion-mediated transport. DNP was once prescribed as a diet drug to aid in weight loss.
   1. A) (3pt) How would an uncoupler of oxidative phosphorylation promote weight loss? (5 sentence max)
   2. B) (2pt) Why do you suppose dinitrophenol is no longer prescribed? (5 sentence max)

Please be descriptive and go step by step so I can understand, thank you so much!

You are the project manager responsible for a new building construction in northern Virginia. The building is worth $500,000 and will have five bedrooms, a kitchen, landscaping, and a two-car garage to be completed in two years. This was agreed upon in a firm fixed contract. During the execution (construction) of the building, you realize that the cost of materials have gone up by 10%, and your schedule is behind by 90 days due to delays from county inspections and permit processes. You also notice that if you continue with the current cost rate and schedule rate that the total cost to complete this house would be $600,000 and delivered three months late.

Submit a three-page report explaining the reasons for these variances from your original project management plan and the proposed steps on how you are going to control the cost and schedule to achieve the contract threshold of $500,000 to be delivered in two years. Your plan must include the following:

Address identifications of impacted activities with their cost and schedule attributes, remembering to account for contingencies.

Address explanations of the roles your project management team will play during the execution of your project management plan and how they will help you to control the issues that are arising during the project.

Scenario: You are the project manager responsible for a new building construction in northern Virginia. The building is worth $500,000 and will have five bedrooms, a kitchen, landscaping, and a two-car garage to be completed in two years. This was agreed upon in a firm fixed contract. During the execution (construction) of the building, you realize that the cost of materials have gone up by 10%, and your schedule is behind by 90 days due to delays from county inspections and permit processes. You also notice that if you continue with the current cost rate and schedule rate that the total cost to complete this house would be $600,000 and delivered three months late.

Submit a three-page report explaining the reasons for these variances from your original project management plan and the proposed steps on how you are going to control the cost and schedule to achieve the contract threshold of $500,000 to be delivered in two years. Your plan must include the following:

• Address identifications of impacted activities with their cost and schedule attributes, remembering to account for contingencies.
• Address explanations of the roles your project management team will play during the execution of your project management plan and how they will help you to control the issues that are arising during the project.