Below are Sullivan Corp.'s comparative balance sheet accounts at December 31, 2020 and 2019,

Additional information:

• On December 31, 2019, Sullivan acquired 25% of Myers Co.'s common stock for $275,000. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,100,000. Myers reported income of $140,000 for the year ended December 31, 2020. No dividend was paid on Myers's common stock during the year.
• During 2020, Sullivan loaned $300,000 to TLC Co., an unrelated company. TLC made the first semiannual principal repayment of $50,000, plus interest at 10%, on December 31, 2020.
• On 1/2/2020, Sullivan sold equipment costing $60,000 (adj basis $38,000) for $40,000 cash.
• On December 31, 2020, Sullivan entered into a capital lease for an office building. The present value of the annual rental payments is $400,000, which equals the fair value of the building. Sullivan made the first rental payment of $60,000 when due on January 2, 2021.
• Net income for 2020 was $370,000.
• Sullivan declared and paid the following cash dividends for 2020 and 2019.

2020                 2019

$80,000             $100,000

Declared           12/15/2020                  12/15/2019

Paid                     2/28/2021                     2/28/2020

Required: Prepare a statement of cash flows for Sullivan Corp. for the year ended December 31, 2020, using the indirect method.

1/1/2020: Opened the business, invested $1,000,000 cash in the business.

1/1/2020: bought a building for the business purpose for $100,000 cash. The building has a useful economic life of 10 years.

1/1/2020: purchased 100 luxury watches for $200,000 with $100,000 cash payment, the remaining amount payable on 2/1/2021. (each watch costs $2,000)

3/1/2020: purchased 50 luxury watches for $250,000 with cash. Each watch costs $5,000.

4/1/2020: purchased 40 luxury watches for $240,000 with cash. Each costs $6,000.

6/1/2020: Sold 130 watched for $1,300,000. Of which $300,000 cash was received at the time of sale. The remaining amount to be received on 5/2/2021.

7/1/2020: paid $1,200 in advance for 12 months’ property insurance (7/1/20 to 7/1/21).

8/1/2020: borrowed $500,000 from a local Chase bank. Interest rate is 12%/year. Interest is paid every 6 months- the first payment date is 2/1/2021. Principal would be paid on 8/1/2021.

9/1/2020: to expand business, you rent a showroom in the next building. Paid $24,000 cash in advance for 12 month’s rent.

12/31/2020: Paid 2020 utilities expense, advertising expense, and miscellaneous expense for $5000, $15,000, and $4,000, respectively.

Salary is paid on the last day of each month. Each month’s salary expense is $20,000.

Notes:

• On 12/31/2020: Physical inventory showed that there were 60 luxury watches on hand at the end of the period. The company used periodic inventory system, and used FIFO costing method.
• Your business used straight-line depreciation method for all fixed assets.
• Ignore tax.

Requirement:

1. Prepare all journal entries, adjusting entries, closing entries needed for the period ending on 12/31/2020 based on above economic events

The World Health Organization (WHO) had announced the outbreak of coronavirus disease 2019 (COVID-19) as a pandemic on 11 March 2020. With the entire world reeling under the prodigious attack of the pandemic in colossal proportions, various strategies were designed to nullify the transmission, but with little success. Preventive measures, namely social distancing, sealing off large towns, closing borders and confining people to their homes were strategically implemented. Inspire of these, the transmission rates grew unabated. Adding fuel to fire, the lack of effective antiviral drugs and vaccine further worsened the scenario. As a student in pharmaceutical engineering technology, you have greatest responsibility to propose a novel treatment or delivery system to improvise current treatment.

Thus, you are required to discuss with your team and propose potential solutions on the type of combination treatment can be provided based on literature and clinical studies that has been conducted to treat COVID-19 patients.

1. Background Controlled drug delivery system (provide literature supports)

2. Mechanism of action Controlled drug delivery system to treat covid-19 patient(With the aid of schematic diagram)

3. Material/methods Controlled drug delivery system

4. References

prepaid insurance account has a balance of 9350 remaining in October 31 2011 of two year policy purchased in April 2010
the calculation was like that
9350 /17 550
prepaid insurance for year
550 *12 = 6600 and was the right amount but why they made it that way

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On May 1, 2007, Lisa deposited $792 in an account earning simple discount at an annual rate d. On May 1, 2014, Lisa's balance was 1287.8. How much interest did Lisa earn between May 1, 2007, and May 1, 2010?

Assume that a stock's price was $15 in 2010, $20 in 2011, $24 in 2012, $21 in 2013, and $28 in 2014.

Find the following:

a) The return of the stock in each year

b) The (arithmetic) average of returns

c) The Geometric average of returns

d) The variance and standard deviation of returns

Analyze the time-series data of Balance of Payment of China (Since 2010). Discuss the trend of changes in current, capital and financial accounts. Based on your observation, with other external economic information, what shall the policymakers do in responding to these changes? (800 - 900) words

CONSUMER LAW ( please write the references of detail at the end )

CONSUMER GUARANTEES – Schedule 2 of the Competition and Consumer Act 2010 (Cth) (“the ACL”)

Explain the rule that goods must be reasonably fit for any disclosed purpose.

Can the consumer guarantees be excluded under the ACL?

ay is a public health worker and is charged with developing an immunization tracking program for residents of his county aged birth to 21 years. Jay is primarily interested in measles vaccination rates. There has been a major increase in measles diagnoses in young children and adolescents from the years 2010 to 2015 (10 cases in the county in 2010 up to 20 cases in 2015). The current chance of county residents being diagnosed with measles before the age of 21 is 1 in 200,000. Jay is interested in understanding why this increase occurred over such a short period of time. 4. What are some of the possible explanations for the major increase in measles cases? 5. What could be some of the ways to track immunizations within the county system? 6. Explain how evidence-based practice would have a role in Jay's work. please include the source of your answer.