The use of animals in research is controversial. Investigate this controversy using at least five resources from the South University Online Library. Do you think it is ethical to use animals in research? Explain your reasoning and support your answer with at least three sources from the South University Online Library (these sources must be different from the ones you already used in this assignment).
In: Psychology
BellTower Company collected $13,000 in June of 2019 for 7 months of service which would take place from October of 2019 through April of 2020. What's the impact of Belltower's June collection of this money on the Balance Sheet?
In: Accounting
09. If you had the opportunity to interview Clark or Irene related to the case Genie(feral child):
Which of the two would you interview? Why? You can ask your interviewee only 2 questions – what would the questions be and why?
(Answer need to be in soft copy)
In: Psychology
Homespun Company manufactures pillows. For 2020, the company expects fixed overhead costs of $120,000. Homespun uses machine-hours to allocate fixed overhead costs and anticipates 6,000 hours during the year to manufacture 24,000 pillows. During 2020, Homespun manufactured 23,000 pillows and spent $116,000 on fixed overhead costs. Calculate the following:
a. The fixed overhead rate for 2020
b. The fixed overhead spending variance for 2020
c. The production-volume variance for
In: Accounting
Exercise 23-11
Condensed financial data of Culver Company for 2020 and 2019 are presented below.
|
CULVER COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,770 |
$1,170 |
||||
|
Receivables |
1,790 |
1,320 |
||||
|
Inventory |
1,610 |
1,940 |
||||
|
Plant assets |
1,910 |
1,680 |
||||
|
Accumulated depreciation |
(1,200 |
) |
(1,190 |
) |
||
|
Long-term investments (held-to-maturity) |
1,300 |
1,420 |
||||
|
$7,180 |
$6,340 |
|||||
|
Accounts payable |
$1,210 |
$910 |
||||
|
Accrued liabilities |
200 |
240 |
||||
|
Bonds payable |
1,370 |
1,560 |
||||
|
Common stock |
1,880 |
1,740 |
||||
|
Retained earnings |
2,520 |
1,890 |
||||
|
$7,180 |
$6,340 |
|||||
|
CULVER COMPANY |
||
|---|---|---|
|
Sales revenue |
$7,010 |
|
|
Cost of goods sold |
4,730 |
|
|
Gross margin |
2,280 |
|
|
Selling and administrative expenses |
930 |
|
|
Income from operations |
1,350 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
80 |
|
|
Income before tax |
1,430 |
|
|
Income tax expense |
540 |
|
|
Net income |
890 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$630 |
|
Additional information:
During the year, $70 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the indirect method.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting
Condensed financial data of Splish Company for 2020 and 2019 are
presented below.
|
SPLISH COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,780 |
$1,170 |
||||
|
Receivables |
1,760 |
1,280 |
||||
|
Inventory |
1,620 |
1,880 |
||||
|
Plant assets |
1,910 |
1,670 |
||||
|
Accumulated depreciation |
(1,210 |
) |
(1,160 |
) |
||
|
Long-term investments (held-to-maturity) |
1,330 |
1,440 |
||||
|
$7,190 |
$6,280 |
|||||
|
Accounts payable |
$1,230 |
$920 |
||||
|
Accrued liabilities |
210 |
250 |
||||
|
Bonds payable |
1,370 |
1,560 |
||||
|
Common stock |
1,920 |
1,680 |
||||
|
Retained earnings |
2,460 |
1,870 |
||||
|
$7,190 |
$6,280 |
|||||
|
SPLISH COMPANY |
||
|---|---|---|
|
Sales revenue |
$6,820 |
|
|
Cost of goods sold |
4,600 |
|
|
Gross margin |
2,220 |
|
|
Selling and administrative expenses |
910 |
|
|
Income from operations |
1,310 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
80 |
|
|
Income before tax |
1,390 |
|
|
Income tax expense |
540 |
|
|
Net income |
850 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$590 |
|
Additional information:
During the year, $70 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the indirect method.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting
Condensed financial data of Martinez Company for 2020 and 2019
are presented below.
|
MARTINEZ COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,830 |
$1,180 |
||||
|
Receivables |
1,710 |
1,320 |
||||
|
Inventory |
1,590 |
1,920 |
||||
|
Plant assets |
1,890 |
1,710 |
||||
|
Accumulated depreciation |
(1,220 |
) |
(1,190 |
) |
||
|
Long-term investments (held-to-maturity) |
1,320 |
1,440 |
||||
|
$7,120 |
$6,380 |
|||||
|
Accounts payable |
$1,190 |
$890 |
||||
|
Accrued liabilities |
210 |
260 |
||||
|
Bonds payable |
1,400 |
1,580 |
||||
|
Common stock |
1,940 |
1,660 |
||||
|
Retained earnings |
2,380 |
1,990 |
||||
|
$7,120 |
$6,380 |
|||||
|
MARTINEZ COMPANY |
||
|---|---|---|
|
Sales revenue |
$6,720 |
|
|
Cost of goods sold |
4,680 |
|
|
Gross margin |
2,040 |
|
|
Selling and administrative expenses |
920 |
|
|
Income from operations |
1,120 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
80 |
|
|
Income before tax |
1,200 |
|
|
Income tax expense |
550 |
|
|
Net income |
650 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$390 |
|
Additional information:
During the year, $70 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the direct method.
(Show amounts in the investing and financing sections
that decrease cash flow with either a - sign e.g. -15,000 or in
parenthesis e.g. (15,000).)
In: Accounting
Condensed financial data of Bonita Company for 2020 and 2019 are
presented below.
|
BONITA COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,830 |
$1,180 |
||||
|
Receivables |
1,710 |
1,320 |
||||
|
Inventory |
1,590 |
1,920 |
||||
|
Plant assets |
1,890 |
1,710 |
||||
|
Accumulated depreciation |
(1,220 |
) |
(1,190 |
) |
||
|
Long-term investments (held-to-maturity) |
1,320 |
1,440 |
||||
|
$7,120 |
$6,380 |
|||||
|
Accounts payable |
$1,190 |
$890 |
||||
|
Accrued liabilities |
210 |
260 |
||||
|
Bonds payable |
1,400 |
1,580 |
||||
|
Common stock |
1,940 |
1,660 |
||||
|
Retained earnings |
2,380 |
1,990 |
||||
|
$7,120 |
$6,380 |
|||||
|
BONITA COMPANY |
||
|---|---|---|
|
Sales revenue |
$6,720 |
|
|
Cost of goods sold |
4,680 |
|
|
Gross margin |
2,040 |
|
|
Selling and administrative expenses |
920 |
|
|
Income from operations |
1,120 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
80 |
|
|
Income before tax |
1,200 |
|
|
Income tax expense |
550 |
|
|
Net income |
650 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$390 |
|
Additional information:
During the year, $70 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the indirect method.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting
Condensed financial data of Sandhill Company for 2020 and 2019 are
presented below.
|
SANDHILL COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,790 |
$1,170 |
||||
|
Receivables |
1,780 |
1,310 |
||||
|
Inventory |
1,580 |
1,900 |
||||
|
Plant assets |
1,900 |
1,720 |
||||
|
Accumulated depreciation |
(1,180 |
) |
(1,140 |
) |
||
|
Long-term investments (held-to-maturity) |
1,310 |
1,420 |
||||
|
$7,180 |
$6,380 |
|||||
|
Accounts payable |
$1,220 |
$880 |
||||
|
Accrued liabilities |
210 |
240 |
||||
|
Bonds payable |
1,380 |
1,550 |
||||
|
Common stock |
1,930 |
1,660 |
||||
|
Retained earnings |
2,440 |
2,050 |
||||
|
$7,180 |
$6,380 |
|||||
|
SANDHILL COMPANY |
||
|---|---|---|
|
Sales revenue |
$6,690 |
|
|
Cost of goods sold |
4,650 |
|
|
Gross margin |
2,040 |
|
|
Selling and administrative expenses |
930 |
|
|
Income from operations |
1,110 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
90 |
|
|
Income before tax |
1,200 |
|
|
Income tax expense |
550 |
|
|
Net income |
650 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$390 |
|
Additional information:
During the year, $70 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the indirect method.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting
Condensed financial data of Bonita Company for 2020 and 2019 are
presented below.
|
BONITA COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,760 |
$1,180 |
||||
|
Receivables |
1,780 |
1,280 |
||||
|
Inventory |
1,610 |
1,920 |
||||
|
Plant assets |
1,880 |
1,660 |
||||
|
Accumulated depreciation |
(1,220 |
) |
(1,190 |
) |
||
|
Long-term investments (held-to-maturity) |
1,310 |
1,400 |
||||
|
$7,120 |
$6,250 |
|||||
|
Accounts payable |
$1,170 |
$880 |
||||
|
Accrued liabilities |
190 |
240 |
||||
|
Bonds payable |
1,390 |
1,540 |
||||
|
Common stock |
1,910 |
1,730 |
||||
|
Retained earnings |
2,460 |
1,860 |
||||
|
$7,120 |
$6,250 |
|||||
|
BONITA COMPANY |
||
|---|---|---|
|
Sales revenue |
$7,020 |
|
|
Cost of goods sold |
4,780 |
|
|
Gross margin |
2,240 |
|
|
Selling and administrative expenses |
910 |
|
|
Income from operations |
1,330 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
70 |
|
|
Income before tax |
1,400 |
|
|
Income tax expense |
540 |
|
|
Net income |
860 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$600 |
|
Additional information:
During the year, $80 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the indirect method.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting