Stora Enso is a Finnish pulp and paper manufacturing company. It discloses in its 1999 consolidated Annual Report, the following items:

Excerpted from the Consolidated balance sheet

In the notes to its financial statements, the Stora Enso provides explanations relating to these two items:

Excerpts from the notes

In addition, the company explains in the notes that “associated companies (voting rights between 20% and 50%) are consolidated using the equity method” and “the income statements of foreign subsidiaries are translated into Euros using the average rate for the accounting period. The balance sheets of foreign subsidiaries are translated using the rate prevailing on the balance sheet day.”

Pechiney, a French group operating worldwide in aluminum and packaging materials, discloses in its 1999 Annual Report the following note:

Required

1. A) Using the Stora Enso data

1. Associated companies: explain the computation of the historical cost at year-end and the meaning of each component of this computation.
2. Where will be found, other than in the notes, the carrying value of associated companies at year-end?
3. Other companies: explain the computation of carrying amount at year-end and the meaning of each component of this computation.
4. Double-check the carrying value of other companies at year-end. What is the usefulness to an investor or shareholder of the 1999 figure of €280.4 millions shown both in the balance sheet and in the notes?

1. B) Comparison: notes 12 and 14 in Stora Enso’s annual report and note 7 in Pechiney’s annual report have the same purpose. Compare and contrast the computations and reporting choices made by each company.

The intangible assets section of Larkspur, Inc. at December 31, 2020, is presented below.

The patent was acquired in January 2020 and has a useful life of 10 years. The franchise was acquired in January 2017 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2021.

Instructions

Prepare journal entries to record the transactions above.

Prepare journal entries to record the 2021 amortization expense.

Prepare the intangible assets section of the balance sheet at December 31, 2021.

when the cash balance equal net cash flow for startup business?

What is the difference between the startup configuration and the Running configuration of a Cisco Router?

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·         Why a small business startup gets caught in the dilemma of “to grow or not to grow”?

give several (at least two, though three or four might be better) reasons why countries in a particular region might be more likely to trade with other countries in that same region and briefly explain why. You could consider the country pairs of Germany and France, the united states and Canada, China and Thailand, and United arabs Emirates and Saudi arabia as example ( Though you don’t have to use them, and you could other as example)

1.) You work for the public relations department of the Social Security Administration. In an effort to design better advertising campaigns, your department decides to conduct a survey to find out the opinions people in the United States have about the Social Security system. One of the questions asked and the results of each response and the respondents’ age are shown in the table (provided in the Table 1 below1 ). Your department believes that at most 40% of people in the United States think the Social Security system will have money available to provide the benefits they expect for their retirements. Also, your department believes that the mean age of people in the Unit States who would say yes to this question is 60 years or older. As a research analyst for the department, you must work with the data and determine if these claims can be supported or rejected.

2.) Test the claim that at most 40% of people in the United States think the Social security system will have money available to provide the benefits they expect for their retirements. Use Level of Significance α = 0.10. Write a paragraph that interprets the test’s decision. Does the decision support your department’s claim? Testing a Mean: Sampling Distribution Test the claim that the mean age of people in the United States who would say yes to the survey question shown in Table 1 is 60 years or older. Use Level of Significance α = 0.10 and assume that the population is normally distributed. Write a paragraph that interprets the test’s decision. Is there enough evidence to reject your department’s claim?

3.) What is your conclusion? On the basis of your analysis of the responses to this survey question, what would you tell your department?

Table 1:

Survey Adapted from Newsweek

Age Response

83 Yes

51 Yes

37 No

58 No

49 No

79 Yes

27 Yes

69 Yes

27 No

66 No

59 Yes

35 Yes

44 Yes

47 No

46 No

29 Yes

25 No

76 No

30 No

31 Yes

72 Yes

40 No

66 No

61 Yes

47 No

30 Yes

47 No

71 No

50 Yes

64 No

76 Yes

18 No

Some employees do not like the seniority system. This system was put into place to protect older employees against discriminatory treatment and was again achieved by unions. Some employees are also not in favor of tenure, which the unions achieved in order to protect employees from unfair and wrongful termination.,

Please answer the following questions:Do you think the negative perception that many people in the United States have of unions is because people don't realize how things were at one time and the gains that we now take for granted (minimum wage, weekends off, for example)?

Would losing these gains give a new perspective on unions?

consider the following:

In Sweden and Norway, 60-70% of employees are unionized. In the United States, now 11% of employees are union members.

Address the following questions: Why do you think that there is such a difference between the two countries?

Why do you think the number in the States is so low?

Please write not less than 300 words and also give some references.

What do you think about the new health care law? What are the justifications on either side? What are the scenarios that you can think of that either justifies or negates the reasons for the bill?

Discuss the merits and disadvantages of GDP as a measure of a nation's standard of living. Think of a country that has a lower GDP but perhaps a higher standard of living than the United States, and compare the two. How can we reconcile these two statistics?