QUESTION 17
GE pays health & life insurance to employees who retire early. How are these obligations accounted for according to SFAS No. 106 (OPEB)?
| a. |
On a pay-as-you-go basis |
|
| b. |
Other post-employment benefits obligations that are liabilities |
|
| c. |
Other post-employment benefit obligations that are reported as other comprehensive income |
|
| d. |
Extraordinary item |
1 points
QUESTION 18
America On-line & Time Warner, an internet company & an old line economy company but both media giants, recently merged. This was an example of a:
| a. |
Secondary equity market transaction |
|
| b. |
Vertical merger |
|
| c. |
Horizontal merger |
|
| d. |
Conglomerate merger |
1 points
QUESTION 19
Ford acquired Land Rover using the purchase method for $2.6 billion. Land Rover had a book value of $1.2 billion & a fair value of $1.8 billion. Therefore, Ford would record goodwill of:
| a. |
$800 million |
|
| b. |
$600 million |
|
| c. |
$0 |
|
| d. |
$1.4 billion |
In: Accounting
P18–11 STEPS and postmerger price Data for Henry Company and Mayer Services are given in the following table. Henry Company is considering merging with Mayer by swapping 1.25 shares of its stock for each share of Mayer stock. Henry Company expects its stock to sell at the same price/earnings (P/E) multiple after the merger as before merging.
| Item | Henry Company | Mayer Services |
| Earnings available for common stock | $225,000 | $50,000 |
| Number of shares of common stock outstanding | 90,000 | 15,000 |
| Market price per share | $45 | $50 |
Calculate the ratio of exchange in market price.
Calculate the earnings per share (EPS) and price/earnings (P/E) ratio for each company.
Calculate the price/earnings (P/E) ratio used to purchase Mayer Services.
Calculate the postmerger earnings per share (EPS) for Henry Company.
Calculate the expected market price per share of the merged firm. Discuss this result in light of your findings in part a.
In: Finance
Please translate from Latin to English:
Olim erant tres socii qui peregrinabantur. Ita accidit ut cibum praeter unum panem invenire non possent. Itaque, [coom] essent valde famelici, invicem dixerunt: "Si ille panis in tres partes dividatur, uni quique tertia pars non sufficiat ad nos saturandos. Capiamus ergo sanum consilium quomodo debeamus panem distribuere."
Ait unus: "Hic in via dormiamus, et quilibet mirabilissimum somnium habuerit, ille totum panem habeat."
Responderunt alii: "Bonum est consilium." Et coeperunt dormire. At ille qui consilium dederat surrexit et, [coom] alii dormirent, panem omnino comedit, nec unicam micam solicis suis reliquit. Hoc facto, socios suos excitavit, dicen: "Surgite velociter! Nunc somnium cuique narrandum est."
Ait primus: "Carissimi, mirabile somnium vidi, scilicet scalam auream de caelo pendentem, per quam angeli descendebant et ascendebant; et animam meam usque ad caelum de corpore meo extraxerunt. Quando eo perveni, Patrem et Filium et Spiritum Sanctum vidi, et tantum gaudium circa animam meam erat ut neque oculus videre, neque auris audire posset quod ibidem percepi; circa animam meam erat ut neque oculus videre, neque auris audire posset quod ibidem percepi; tale equidem est somnium meum."
Ait secnudus: "Et ego vidi daemones [coom] instrumentis ferreis igneisque animam meam de corpore meo extrahere. Me autem male tractabant, dicentes: 'Quamidiu deus regnat in caelo, permanebis in hoc loco.'"
Ait tertius: "Audite somnium meum! Videbatur mihi quendam angelum ad me venietem dicere: 'Carissime, nonne vis videre quibus in locis sint socii tui?'
"Respondi: Etiam, domine; quia unus panis nobis distribuendus est, timeo ne [coom] pane recesserint."
"At ille: 'Non est ita; sed panis iuxta te est; sequere me.' Duxit me ad portam caeli. Tum caput meum secundum praeceptum eius infra portam posui; subinde te vidi; mihi vero videbatur te ad caelum raptum esse et sedere in throno sureo et multum cibum vinaque optima esse ante te.
"Mihi dixit angelus: 'Ecce, socius tuus abundat omni gaudio et cibo, et ibidem aeternum permanebit, quia, qui semel regnum caeleste intraverit, exire non npoterit. Mecum veni, et tibi ostendam quo in loco alter socius tuus sit.'
"[coom] vero secutus illum essem, duxit me ad inferni portas, et ibi te vidi, sicut dixisti, afflictum poenis gravissimis, et tibi non licebat cinum edere. Tunc tibi dixit: "O carissime soci, mihi displicet te in his poenis iacere.'
"Tu vero mihi respondisti, 'Quamdiu deus regnat in caelo, hic permanebo, quia hoc merui. Surge ergo cito, totu, panem comede, quia rursus nec me nec socium nostrum videbis'
"Ego vero [coom] hoc audivissem surrexi et, ut mihi imperaveras, panem comedi."
In: Psychology
Sondra and Jason, a wealthy married couple, won $96 million in a 2017 Powerball drawing. They decided to share some of this new wealth immediately with some of their friends and family. They paid $1,800,000 on a new home for Sondra’s parents, titling the home jointly in the parents’ names; bought a condominium on Captiva Island for Jason’s widowed mother for $950,000; gave $1 million to a local charity that provides homes and job training for homeless families; sent $150,000 to Stanford University to be used for their nephew’s college tuition for his next 4 years in school; gave $500,000 each to Sondra’s sister and Jason’s brother for new homes; gave $750,000 to the best man at their wedding last year to defray the costs of a needed kidney transplant; and finally donated $250,000 to their church to build a wedding chapel. The only taxable gift previously made by either Sondra or Jason was a $200,000 gift in 2014 by Jason to the widow of an employee who had been killed in an auto accident. This gift was made prior to their marriage. Sondra and Jason elected gift splitting. Determine their separate taxable gifts and the gift taxes they will owe applying each of their unified credits.
In: Accounting
Many people often make unrealistic resolutions at the beginning of a new year, only to break them in a few weeks. You guys are back in school and this opportunity could be the first step on a new path, but only as long as your roadmap is realistic and sustainable. If you want to pivot in your career, then a well thought-out marketing plan should be your first step.
Just like a company’s marketing plan, your plan must contain the same key elements and objectivity. If you take your personal development as seriously as a successful company, it will pay off. You are the product. Let’s get your brand and market it! As you prepare your plan, consider the following and discuss with your peers/classmates:
Your aims: What do you aim to achieve (i.e. promotion, new job, etc.?
Does your product need improving: What can make your product better (i.e. learn an language)?
Time-frame: Set yourself a realistic timeline. Make sure to have regular milestones.
Budget: How much money, time and energy do you have to devote to yourself? Are you prepared for the sacrifices?
In: Operations Management
conduct a post hoc test (Bonferroni test) to find out which difference contributes the most to the F ratio (i.e., F(obtained)). Interpret the Bonferroni test results. (5 points)
Need help with interpreting the results posted below please.
pairwise.t.test(EP.$POLVIEWS, EP.$DEGREE, p.adj = "bonf")
Pairwise comparisons using t tests with pooled SD
data: EP.$POLVIEWS and EP.$DEGREE
BACHELOR GRADUATE HIGH SCHOOL JUNIOR COLLEGE
GRADUATE 2.2e-06 - - -
HIGH SCHOOL 0.21 1.0e-13 - -
JUNIOR COLLEGE 1.00 1.0e-06 1.00 -
LT HIGH SCHOOL 1.00 1.7e-07 1.00 1.00
P value adjustment method: bonferroni
In: Statistics and Probability
|
Willingness To Help |
Year in College |
|||
|
Freshman |
Sophomore |
Junior |
Senior |
|
|
Willing |
15 |
16 |
15 |
15 |
|
Unwilling |
15 |
14 |
5 |
5 |
Using these data, test the null hypothesis that willingness to help raise donations does not differ by year in school. Use a .05 confidence level for your test and be sure to report (a) the critical value of the test statistic, (b) the obtained value of the test statistic, (c) your decision about the null hypothesis, and (d) an interpretation of the meaning of your decision.
In: Statistics and Probability
You are a school nurse. A 7-year-old boy has what looks like impetigo on his right forearm. You call the mother at work at 10:00 a.m. and ask her to come immediately and pick up her son and seek medical attention.
1. What did you see that made you suspect impetigo?
2. Why should the child not be sent home on the bus with a note for the mother?
3. How will the mother be expected to care for her son at home? What teaching will the school nurse need to tell mom?
4. What are the primary goals in treating impetigo?
5. When do you expect the child to return to school?
In: Nursing
In a survey of 100 U.S. residents with a high school diploma as their highest educational degree (Group 1) had an average yearly income was $35,621. Another 120 U.S. residents with a GED (Group 2) had an average yearly income of $33,498. The population standard deviation for both populations is known to be $4,310. At a 0.01 level of significance, can it be concluded that U.S. residents with a high school diploma make significantly more than those with a GED?
Enter the test statistic - round to 4 decimal places.
Enter the P-Value - round to 4 decimal places.
Can you conclude that U.S. residents with a high school diploma make significantly more than those with a GED?
In: Statistics and Probability
What would you conclude
In: Statistics and Probability