Questions
In 1993, Skysong Company completed the construction of a building at a cost of $2,120,000 and...

In 1993, Skysong Company completed the construction of a building at a cost of $2,120,000 and first occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $64,000 at the end of that time. Early in 2004, an addition to the building was constructed at a cost of $530,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $21,200. In 2022, it is determined that the probable life of the building and addition will extend to the end of 2053, or 20 years beyond the original estimate.

Compute the annual depreciation to be charged, beginning with 2022. (Round answer to 0 decimal places, e.g. 45,892.)

Annual depreciation expense—building

In: Accounting

Suppose you are a stock broker for WillyP Financial. Your client bought a share of stock...

Suppose you are a stock broker for WillyP Financial. Your client bought a share of stock of Intel at $60 and a share of stock Microsoft at $115. A year later, after your client received a $5 dividend from Intel and $3 from Microsoft, he sold the stock Intel at $55 per share and Microsoft $125. What are the expected after tax returns for your client if your client is
(Keep your answer to only two decimals)
(a) a church investment fund (tax-exempt status) (example of answer format: xx.xx%, such as 12.34%)
(b) a corporation paying tax at 35% (remember that corporations may exclude 70% of dividends received from domestic corporations in the computation of their taxable income)
(c) an individual paying tax at 35% on dividend income and 15% on capital gains
(d) a security dealer paying tax at 35% on both investment income and capital gains

In: Finance

The registered nurse prepares to conduct a nutritional assessment on Mrs. Varner, a 52-year-old Caucasian female...

The registered nurse prepares to conduct a nutritional assessment on Mrs. Varner, a 52-year-old Caucasian female who describes herself as “overweight most of my adult life.” The client states that her health is good. She works part time as a receptionist and volunteers about 10 hours per week in her church. The nurse obtains Mrs. Varner’s height as 64 inches and her weight as 165 pounds. (Learning Objective 8) What is the rationale for computing body mass index? What is Mrs. Varner’s BMI? Calculate her ideal body weight. What is your assessment of her BMI and weight? Based on Mrs. Varner’s BMI and weight, the nurse measures her waist circumference. Describe the proper procedure for this assessment. Mrs. Varner’s waist circumference is 38 inches. What is your assessment? What laboratory values would the nurse review to evaluate Mrs. Varner’s protein levels?

In: Nursing

1.    An article in the Wall Street Journal on Friday May 27, 2011 titled “The Return...

1.    An article in the Wall Street Journal on Friday May 27, 2011 titled “The Return of Meatless Friday”, discusses the sociological aspects of a recent announcement by the bishops of the catholic church in England and Wales. The bishops asked their parishioners to abstain from red meat every Friday for the entire year; not just during Lent. Some have claimed that if English and Welsh catholics reduce consumption of red meat by 5 tons every Friday, there would then be 5 tons more meat each week for others, including the poor, to eat. Assuming a typical upward sloping supply curve and downward sloping demand curve, over the long term, is the statement true or false?

       a.    True                                                 b.           False

2.    With reference to question 1, if consumption of red meat is reduced, then over the long term, the price of red meat relative to other sources of protein, such as fish and poultry, will increase.

       a.    True                                                 b.           False

In: Economics

Salary $187,750.00 Interest income $230.00 Municiple Bond interest $450.00 Treasure bond Interest $675.00 Dividends $1,885.00 Short-Term...

Salary $187,750.00
Interest income $230.00
Municiple Bond interest $450.00
Treasure bond Interest $675.00
Dividends $1,885.00
Short-Term Capital Gain (SBUX STOCK) $0.00
Short-Term Capital Gain (AMZN STOCK) -$4,350.00
Short-Term Capital Gain (UA Stock) $26.45
Long-term Capital Gain (AAPL STOCK) $3,000.00
Daycare cost for child #1 $10,000.00
Dentist fees (unreimbursed by insurance) $10,500.00

Prescription cost(reimbursed by insurance)

$1,380.00
Mortgage Interest $13,478.00
Property Taxes Paid $4,144.00
Vehicle registration fee $1,250.00
Fee faid to CPA $2,000.00
Gym Membership $600.00
401K contributions $23,980.00
Employer match $17,985.00
Healthcare savings account contribution $2,600.00
Red Cross Donation $1,000.00
Food bank Donation $2,500.00
Church donation $3,750.00
donation to goodwil $450.00

Please Calculate Gross Income and Adjusted gross income

In: Accounting

Please compute Gross Income and Adjusted gross income based on the following information Salary $187,750.00 Interest...

Please compute Gross Income and Adjusted gross income based on the following information

Salary $187,750.00
Interest income $230.00
Municiple Bond interest $450.00
Treasure bond Interest $675.00
Dividends $1,885.00
Short-Term Capital Gain (SBUX STOCK) $0.00
Short-Term Capital Gain (AMZN STOCK) -$4,350.00
Short-Term Capital Gain (UA Stock) $26.45
Long-term Capital Gain (AAPL STOCK) $3,000.00
Daycare cost for child #1 $10,000.00
Dentist fees (unreimbursed by insurance) $10,500.00

Prescription cost(reimbursed by insurance)

$1,380.00
Mortgage Interest $13,478.00
Property Taxes Paid $4,144.00
Vehicle registration fee $1,250.00
Fee faid to CPA $2,000.00
Gym Membership $600.00
401K contributions $23,980.00
Employer match $17,985.00
Healthcare savings account contribution $2,600.00
Red Cross Donation $1,000.00
Food bank Donation $2,500.00
Church donation $3,750.00
Goodwill donation $450.00

In: Accounting

1.  The HT and USR’s stock returns are shown in the following table. Assume you invest 40%...

1.  The HT and USR’s stock returns are shown in the following table. Assume you invest 40% in HT and 60% in USR. Calculate your portfolio’s expected return and standard deviation.

Economy

Prob.

HT

USR

Recession

0.1

-27.00%

6.00%

Below avg

0.2

-7.00%

-14.00%

Average

0.4

15.00%

3.00%

Above avg

0.2

30.00%

41.00%

Boom

0.1

45.00%

26.00%

2.  Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product.  Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which competition will probably reduce the growth rate in earnings and dividends to zero, i.e., g = 0.  The company’s last dividend, D0, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%.  What is the current price of the common stock?

In: Finance

think of two organizations, activities, clubs, etc. that you are involved in (or very familiar with)....

think of two organizations, activities, clubs, etc. that you are involved in (or very familiar with). This can be a sports team, church group, school club or organization, job, etc.

Write a press release for 2 different organizations/groups based on an actual or hypothesized upcoming/ongoing event. You must choose two different groups/events and have two different press releases. The body of each release must be at least 300 words in length (headings that include your contact information are excluded from the word count). Yes, that means the total of your two submissions is at least 600 words in length!

Examples?

Health center opening or offerings

Emergency Management courses offered

Political candidacy announcement

School club fundraiser/community service event

Winning of sports championship

…..or whatever else real or fictitious you would like to use as your subject matter.

In: Operations Management

Required information Problem 7-1A Special journals, subsidiary ledgers, trial balance-perpetual LO C3, P1, P2 Skip to...

Required information Problem 7-1A Special journals, subsidiary ledgers, trial balance-perpetual LO C3, P1, P2 Skip to question [The following information applies to the questions displayed below.] Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10, n/30). Mar. 1 Purchased $36,000 of merchandise from Van Industries, invoice dated March 1, terms 2/15, n/30. 2 Sold merchandise on credit to Min Cho, Invoice No. 854, for $14,400 (cost is $7,200). 3 (a) Purchased $1,080 of office supplies on credit from Gabel Company, invoice dated March 3, terms n/10 EOM. 3 (b) Sold merchandise on credit to Linda Witt, Invoice No. 855, for $7,200 (cost is $3,600). 6 Borrowed $72,000 cash from Federal Bank by signing a long-term note payable. 9 Purchased $18,000 of office equipment on credit from Spell Supply, invoice dated March 9, terms n/10 EOM. 10 Sold merchandise on credit to Jovita Albany, Invoice No. 856, for $3,600 (cost is $1,800). 12 Received payment from Min Cho for the March 2 sale less the discount. 13 (a) Sent Van Industries Check No. 416 in payment of the March 1 invoice less the discount. 13 (b) Received payment from Linda Witt for the March 3 sale less the discount. 14 Purchased $29,000 of merchandise from the CD Company, invoice dated March 13, terms 2/10, n/30. 15 (a) Issued Check No. 417, payable to Payroll, in payment of sales salaries expense for the first half of the month, $13,000. Cashed the check and paid the employees. 15 (b) Cash sales for the first half of the month are $57,600 (cost is $46,080). (Cash sales are recorded daily, but are recorded only twice here to reduce repetitive entries.) 16 Purchased $1,600 of store supplies on credit from Gabel Company, invoice dated March 16, terms n/10 EOM. 17 Received a $2,900 credit memorandum from CD Company for the return of unsatisfactory merchandise purchased on March 14. 19 Received a $540 credit memorandum from Spell Supply for office equipment received on March 9 and returned for credit. 20 Received payment from Jovita Albany for the sale of March 10 less the discount. 23 Issued Check No. 418 to CD Company in payment of the invoice of March 13 less the March 17 return and the discount. 27 Sold merchandise on credit to Jovita Albany, Invoice No. 857, for $10,800 (cost is $4,320). 28 Sold merchandise on credit to Linda Witt, Invoice No. 858, for $4,320 (cost is $1,728). 31 (a) Issued Check No. 419, payable to Payroll, in payment of sales salaries expense for the last half of the month, $13,000. Cashed the check and paid the employees. 31 (b) Cash sales for the last half of the month are $63,360 (cost is $38,016). 31 (c) Verify that amounts impacting customer and creditor accounts were posted and that any amounts that should have been posted as individual amounts to the general ledger accounts were posted. Foot and crossfoot the journals and make the month-end postings. Assume the following ledger account amounts Inventory (March 1 beg. bal. is $63,000), Z. Church, Capital (March 1 beg. bal. is $63,000) and Church Company uses the

In: Accounting

As a parent/guardian, what do you think would be important to tell a child about puberty?...

As a parent/guardian, what do you think would be important to tell a child about puberty? Describe at least one thing you would explain from each of the following categories:

  1. physical changes
  2. psychosocial changes
  3. cognitive changes

In: Nursing