Our Sample has 10 complete schedule and 3 limited schedule teams. We are looking to interview first 3 complete and then 2 limited schedule teams next week. How many different interview schedules could we create? [Hint: How many “steps” and how many choices at each “step” do we have?]

CAN YOU REPLY ASAP:))
You are part of a four person interview panel that has just interviewed three candidates for a new position in your organisation as Team Supervisor. They are Ahmed, Sathi and John. The interview panel has decided that Ahmed is the best candidate for the position. You have been asked to write to Ahmed.Please write a letter to in the deductive manner.

Listen to the interview with Richard Rothstein on the National Public Radio Fresh Air segment. Then answer the following questions regarding the content of the interview.

1. What are some ways that government policies instituted in the early to middle 20th century impacted the demographics of housing?

2. Discuss ways that these policies may play a role in susceptibility to disease to COVID-19 infection?

Presented below is the comparative balance sheet for Diatessaron Inc., a private company reporting under ASPE, at December 31, 2021, and 2020:

DIATESSARON INC.

Balance Sheet

December 31

Assets 2021 2020

Cash $ 67,000 $ 98,000

Accounts receivable 101,000 75,000

Inventory 205,000 155,500

Long-term investment 101,500 0

Property, plant, and equipment 535,000 460,000

Accumulated depreciation (162,500) (140,000)

$847,000   $648,500

Liabilities and Shareholders' Equity

Accounts payable $ 57,500 $ 47,000

Dividends payable 6,000 0

Income tax payable 14,000 15,000

Long-term notes payable 25,000 0

Common shares 630,000 525,000

Retained earnings 114,500 61,500

$847,000  $648,500

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DIATESSARON INC.

Income Statement

Year Ended December 31, 2021

Sales $663,000

Cost of goods sold 432,000

Gross profit 231,000

Operating expenses $147,500

Loss on sale of equipment 3,000 150,500

Profit from operations 80,500

Interest expense 3,000

Interest revenue (4,500) (1,500)

Profit before income tax 82,000

Income tax expense 14,000

Profit $ 68,000

Additional information:

1. 1. Cash dividends of $15,000 were declared.
2. 2. A long-term investment was acquired for cash at a cost of $101,500.
3. 3. Depreciation expense is included in the operating expenses.
4. 4. The company issued 10,500 common shares for cash on March 2, 2021. The fair value of the shares was $10 per share. The proceeds were used to purchase additional equipment.
5. 5. Equipment that originally cost $30,000 was sold during the year for cash. The equipment had a carrying value of $9,000 at the time of sale.
6. 6. The company issued a note payable for $28,000 and repaid $3,000 by year end.
7. 7. All purchases of inventory are on credit.
8. 8. Accounts payable is used only to record purchases of inventory.

Instructions

a. Can you show me a cash flow statement for the year using the indirect method.

b. Can you show me a cash flow statement for the year using the direct method.

Question 1 :
Corporate sustainability is a new and evolving alternative to the traditional growth and profit
maximisation model. Under corporate sustainability, corporate growth and profitability are
still recognised as important, but it requires the corporation to also pursue societal goals
including environmental protection, social justice as well as economic development.

The Global 100 ranks large corporations across the globe on their reducing carbon waste,
gender diversity and overall sustainability. The top three from this list in 2019 were:
1 Chr. Hansen Holding A/S Denmark Food or other Chemical Agents
2 Kering SA France Apparel and Accessories
3 Nestle Corporation Finland Petroleum Refineries

Applying your understanding of sustainability accounting, critically analyse one of the above
companies. With your analysis, consider the aspects of profitability, share price growth along
with the societal goals.

A company makes the following journal entry for 2020:

Dr. Income Tax Expense                    xxxx

Dr. Deferred Tax Asset                      77,000

            Cr. Deferred Tax Liability                     27,000

            Cr. Income Tax Payable                                 275,000

On the income statement, the deferred portion of income tax expense for 2020 appears as: _______________. Very important: If the amount of the deferred portion is subtracted from the current portion to obtain income tax expense, put a minus sign in front of the amount; if the amount of the deferred portion is added to the current portion, then leave the amount as is.

When should long-lived assets be measured for impairment using the Recoverability test?

Quarterly

Semi-annually

Annually

When circumstances change indicating a carrying amount may not be recoverable

None of the above

To perform a Recoverability test for long-lived assets, the asset’s carrying amount is compared to

The sum of the expected future net cash flows (discounted) from the use of that asset and its disposition

The sum of the expected future net cash flows (undiscounted) from the use of that asset and its disposition

The asset’s original historical cost

The asset’s fair market value

If the Recoverability test indicates an impairment, the loss for an asset held for use is the amount by which the carrying amount of the asset exceeds

The book value of the asset

The historical cost of the asset

The sum of the expected future cash flows (undiscounted) from the use of the asset and its disposition

The fair value of the asset

Is restoration of an impairment loss for long-lived assets allowed for an asset held for use?

Yes

No

Is restoration of an impairment loss for long-lived assets allowed for an asset held for disposal?

Yes

No

What amount did Columbia Sportswear Company include in SG & A expense as impairment charges for long-lived assets for December 31, 2017?

$4,171,000

$1,401,000

$4,310,000

$1,550,000

Which of the following is not a characteristic of all intangible assets?

Long-term in nature

Lack physical existence

Amortized over the intangible asset’s legal life

Represent an entity’s rights and privileges

Which item is amortized by Columbia Sportswear Company over its estimated useful life?

Goodwill

Intangible Assets with finite useful lives

Intangible Assets with indefinite useful lives

All of the above

None of the above

What is the net carrying amount (in thousands) for Patents and Purchased Technology for December 31, 2017 for Columbia Sportswear Company?

$14,198

$37,198

$3,547

$4,877

What is the amount (in thousands) of Intangibles assets not subject to amortization for December 31, 2017 for Columbia Sportswear Company?

$143,731

$115,421

$129,555

$138,584

Columbia Sportswear Company acquired 100% of the equity interest in PrAna Living LLC during 2014. How much of the purchase price was allocated to Goodwill (in thousands)? This will take some digging into past 10K reports (hint: Pull the 2014 -10K from the Columbia website under Investor Relations)

$188,467

$193,413

$ 65,842

$ 54,156

When Columbia Sportswear Company acquired 100% of the equity interest in PrAna Living LLC during 2014, how much of the purchase price was allocated to acquired identifiable intangible assets (in thousands)?

$139,257

$114,500

$ 54,156

$ 65,842

The value of goodwill is the excess of

The purchase price over the fair value of tangible and identifiable intangible net assets acquired.

The purchase price over the fair value of tangible net assets acquired.

The purchase price over the carrying value of tangible and identifiable intangible net assets acquired.

The purchase price over the carrying value of tangible net assets acquired.

Internally generated goodwill associated with a business may be recorded as an asset when a firm offer to purchase that business unit has been received.

True

False

Did Columbia Sportswear Company recognize any goodwill impairment for December 31, 2017?

Yes

No

Depreciation and amortization recognized (in thousands) by Columbia Sportswear Company for December 31, 2017 was

$60,016

$40,871

$56,521

$59,945

Which of the following would not be amortized?

Patent

Trade name

Customer list

Copyright

What was the total of Accrued Liabilities (in thousands) for Columbia Sportswear Company as of December 31, 2017?

$453,636

$362,851

$182,228

$252,301

The accrued product warranties balance (in thousands) recognized by Columbia Sportswear Company for the year ending December 31, 2017 is?

$11,455

$13,500

$12,339

$11,487

What categories of commitments and contingencies did Columbia Sportswear Company disclose?

Operating leases

Inventory Purchase Obligations

Litigation

Indemnities and Guarantees

All of the above

Does Columbia Sportswear Company believe the ultimate resolution of current legal proceedings will have a material adverse effect on their financial statements?

Yes

No

What is the value (in thousands) of the asset retirement obligations for Columbia Sportswear Company as of 12/31/17?

$3,342

$4,580

$48,735

$42,622

$0

At December 31, 2017, was Columbia Sportswear Company in compliance with all associated covenants related to its domestic revolving line of credit (maturity date of July 1, 2021) ?

Yes

No

What was the amount of Columbia Sportswear Company contributions to their U.S. employees’ 401(k) profit-sharing plan for December 31, 2017?

$7,666,000

$7,754,000

$6,981,000

$3,546,000

How much did Columbia Sportswear Company pay (in thousands) to repurchase their common stock during 2017?

$0

$11,000

$35,542

$70,068

Cash dividends paid (in thousands) in 2017 for Columbia Sportswear Company were?

$48,122

$50,909

$43,547

$44,676

Which earnings per share amounts are reported in a complex capital structure?

Basic and Diluted EPS

Basic and Simple EPS

Basic EPS only

Diluted EPS only

What is the numerator (in thousands) for the calculation of the 2017 Diluted EPS of $1.49?

$1,159,962

$262,969

$112,315

$105,123

What is the denominator (in thousands) for the calculation of the 2017 Diluted EPS of $1.49?

70,632

71,064

70,453

70,681

What caused the increase in the denominator from Basic EPS to Diluted EPS for 2017?

Dilutive Convertible Preferred Stock

Dilutive Convertible Bonds

Dilutive Stock Options and Restricted Stock

None of the above

The following is the balance sheet of Korver Supply Company at December 31, 2020 (prior year).

Transactions during 2021 (current year) were as follows:

Additional Information:

The notes payable are dated June 30, 2020, and are due on June 30, 2022. Interest at 8% is payable annually on June 30. Depreciation on the furniture and fixtures for 2021 is $36,000. The furniture and fixtures originally cost $460,000.

Required:
Prepare a classified balance sheet at December 31, 2021, by updating ending balances from 2020 for transactions during 2021 and the additional information. The cost of furniture and fixtures and their accumulated depreciation are shown separately. (Amounts to be deducted should be indicated by a minus sign.)