Sandhill Holdings Inc., a publicly listed company in Canada, ventured into construction of a mega-shopping mall in Edmonton, which is rated as the largest shopping mall in North America. The company’s board of directors, after much market research, decided that instead of selling the shopping mall to a local investor who had approached them several times with excellent offers that he steadily increased during the year of construction, the company would hold this property for the purposes of capital appreciation and earning rental income from mall tenants. Sandhill Holdings retained the services of a real estate company to find and attract many important retailers to rent space in the shopping mall, and within months of completion at the end of 2017, the shopping mall was fully occupied.

According to the company’s accounting department, the total construction cost of the shopping mall was $50 million. The company used an independent appraiser to determine the mall’s fair value annually. According to the appraisal, the fair values of the shopping mall at December 31, 2017, and at each subsequent year end were:

The independent appraiser felt that the useful life of the shopping mall was 20 years and its residual value was $8 million.

Note that the mall’s rental income and expenses would be the same and thus can be omitted from the analysis for this exercise.

Prepare the necessary journal entries for 2018, 2019, and 2020 if it decides to treat the shopping mall as an investment property under IAS 40: Use fair value model. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

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Prepare the necessary journal entries for 2018, 2019, and 2020 if it decides to treat the shopping mall as an investment property under IAS 40: Use Cost model. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

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Eliot Rey, the owner of a publicly held technology company, asked Mary Messup, CPA, to conduct an audit of the company’s records. The financial statements to be audited covered a two-year period. The statements needed to be ready to submit to the SEC by September 30, 2017. Rey also needed to provide the audited financial statements to their bank as part of a large loan application. Messup immediately accepted the engagement and agreed to provide an auditor’s report within one month. Rey agreed to pay Messup her normal audit fee plus a percentage of the loan if it was approved. Messup hired two Sac State accounting graduates (both graduated in May 2017) to conduct the audit. She spent several hours going over what they needed to do. She told the new hires not to spend any time reviewing the client’s system of internal control but to concentrate on checking the mathematical accuracy of the general ledger and summarizing the data in the accounting records that supported Rey’s financial statements. The new hires followed Messup’ instructions. They competed the audit procedures in two days. They did notice that the company failed to include the terms of a large note payable in the footnotes, but they were nervous about talking to Mr. Rey about that. They did talk to Mr. Rey about the fact that although 25% of the accounts receivable were over 120 days old, there was no allowance for doubtful accounts included. Mr. Rey said they shouldn’t be concerned about that. They made a note of his response in the workpapers. They turned over the workpapers to Messup along with the financial statements prepared by the client. Messup gave an unmodified (clean) opinion on the financials.

REQUIRED: For each of the auditing principles listed, identify the action(s) taken (or not taken) by Messup or her assistants that support(s) their compliance with the requirement. 1. Auditors must be technically competent.

2. Auditors must comply with professional ethics.

3. Auditors must use professional judgment and maintain professional skepticism.

4. Auditors must plan work and supervise assistants.

​(Weighted average cost of capital​) Crawford Enterprises is a publicly held company located in​ Arnold, Kansas. The firm began as a small tool and die shop but grew over its​ 35-year life to become a leading supplier of metal fabrication equipment used in the farm tractor industry. At the close of​ 2015, the​firm's balance sheet appeared as​ follows:

Cash: 450,000
Accounts receivable: 4,250,000
Inventories: 8,400,000
Net property, plant, and equipment: 17,821,000
Total assets: 30,921,000

Long-term debt: 11,800,000
Common equity: 19,121,000
Total debt and equity: 30,921,000

.

At present the​ firm's common stock is selling for a price equal to its book​ value, and the​ firm's bonds are selling at par.​ Crawford's managers estimate that the market requires a return of 18 percent on its common​ stock, the​ firm's bonds command a yield to maturity of 8 ​percent, and the firm faces a tax rate of 38 percent.

a. What is​ Crawford's weighted average cost of​ capital?

b. If​ Crawford's stock price were to rise such that it sold at 1.5 times book​ value, causing the cost of equity to fall to 16 ​percent, what would the​ firm's cost of capital be​ (assuming the cost of debt and tax rate do not​ change)?

What is the management fee (1) on a per available room basis and (2) as a percentage of total revenue for a 255-room hotel located in California that had an occupancy level of 62%, ADR of $84.53, a room revenue to total revenue % of 56.4%, and a gross operating profit % of 24.8%? The management fee agreement stipulated that the company would receive 3% of gross revenue, and 10% of gross operating profit.

   Please calculate annual room revenue (round to two decimal places) $ ___

Annual total revenue (round to two decimal places) $ ___

GOP (round to two decimal places) $ ____

  Mgmt fee base fee (round to two decimal places) $ ___

  Mgmt fee incentive fee (round to two decimal places) $ ___

      Total mgmt fee (round to whole number) $ ___

Mgmt fee on PAR basis (round to two decimal places) $ ___ PAR/yea

Mgmt fee as % of total revenue (round to two decimal places) ___%

74 years female patient Jevity 65ml/hours on 11 am off at 8 am

1-describe causes of enteral nutrition

2-steps of how to administer enteral nutrition formulas with enteral pumps

3-in a word document ,arial x 12

Herr Fenderbender considers himself a great driver. He has just received a Mercedes sports car as a gift from his uncle. His car is worth $90 000, but will have a scrap value of $10 000 in the event of a collision, an event that will occur with a probability of 0.4. He is offered the following insurance policy: In the event of a collision the insurance company will pay Herr Fenderbender $80 000. The insurance company is asking a premium of R = $27 500 which Fenderbender has to pay if the policy is accepted, whether or not there is a collision. Herr Fenderbender has a (von-Neumann Morgenstern) utility function of wealth given by : U= W^1/2

A.Should Herr Fenderbender purchase this insurance? Explain carefully.

B.Should the insurance company be offering him this insurance (the insurance company has a lot of customers and hence is risk neutral; i.e. it has utility function

U =x).

C.Repeat A and B for the case where the insurance premium is R = $37 100.

D.Find the range of values of the insurance premium, R, which will be accepted by Fenderbender AND which the insurance company would be willing to offer. E.Suppose now that the insurance company knows that Herr Fenderbender is a good driver but believes that due to the moral hazard problem, after the insurance policy has been purchased the probability that there will be a collision will rise to 0.5. What does the insurance company believe its expected profit from sale of the policy is, and should the insurance company sell Fenderbender that policy? (R = $37 100)

Calculate the 5 number summary and the interquartile range of the following data:

37, 23, 3, 52, 35, 27, 28, 30, 41, 59, 20, 31, 48, 13, 937, 23, 3, 52, 35, 27, 28, 30, 41, 59, 20, 31, 48, 13, 9

100 50 / 2006 2003 - 2.5 1.25 / 4 ^ * * 2 4 2 ^ # ^ /

Postfix expression please explain