Cheyenne Company purchases an oil tanker depot on January 1, 2020, at a cost of $648,500. Cheyenne expects to operate the depot for 10 years, at which time it is legally required to dismantle the depot and remove the underground storage tanks. It is estimated that it will cost $79,920 to dismantle the depot and remove the tanks at the end of the depot’s useful life.

Prepare the journal entries to record the depot and the asset retirement obligation for the depot on January 1, 2020. Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2020, is $44,627.

Prepare any journal entries required for the depot and the asset retirement obligation at December 31, 2020. Cheyenne uses straight-line depreciation; the estimated salvage value for the depot is zero.

On December 31, 2029, Cheyenne pays a demolition firm to dismantle the depot and remove the tanks at a price of $84,200. Prepare the journal entry for the settlement of the asset retirement obligation.

Use the amounts you calculated for the 2020 income statement as needed.

1.What is the Cash from Operating Activities in 2020 ($millions)?

2.What is the Cash from Investing Activities in 2020 ($millions)?

3.What are the Dividends in 2020 ($millions)?

4.What is the Net Change in Cash in 2020 ($millions)?

5.Calculate the Free Cash Flow. What is the Change in Net Operating Working Capital in 2020 ($millions)?

6.What is the Free Cash Flow in 2020 ($millions)?

Here are closing share prices (adjusted to include dividends) of 5 companies with past12 months of data and adjusted closing prices for the ASX200 index. Calculate, present and discuss the main summary statistics of monthly returns for each REIT and the overall market index. How does the risk and return characteristics of each REIT compare to the overall market index? Show your analysis process.

Pharoah Company received the following selected information from its pension plan trustee concerning the operation of the company’s defined benefit pension plan for the year ended December 31, 2020.

The service cost component of pension expense for employee services rendered in the current year amounted to $78,000 and the amortization of prior service cost was $117,800. The company’s actual funding (contributions) of the plan in 2020 amounted to $254,000. The expected return on plan assets and the actual rate were both 10%; the interest/discount (settlement) rate was 10%. Accumulated other comprehensive income (PSC) had a balance of $1,178,000 on January 1, 2020. Assume no benefits paid in 2020.

- Determine the amounts of the components of pension expense that should be recognized by the company in 2020. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).

- Prepare the journal entry to record pension expense and the employer’s contribution to the pension plan in 2020

- Indicate the pension-related amounts that would be reported on the income statement partial, comprehensive income statement, and the balance sheet partial for Pharoah Company for the year 2020.

Ashley Company began operations in 2020. Ashley’s pretax financial income for 2020 was $450,000. The tax law in 2020 says that the tax rate in 2020 is 25%, but it will be 20% in 2021 and in future years. Ashley’s pretax financial income for 2020 contained the following items that are treated differently for financial purposes than they are for tax purposes: Differences Amount included in Pretax Financial Income Amount included in Taxable Income Difference1 1. Interest earned on State of Ohio Bonds. (Note: Interest on these bonds is exempt from Federal Income Tax.) $ 9,000 $ 0 $ 9,000 2. Gross profit on installment sales. 300,000 200,000 100,000 3. Warranty expense. 19,600 13,600 6,000 4. Depreciation on machinery. 20,000 200,000 180,000

1 Note: Each difference shown above is shown as an absolute value. Therefore, that number contains no information about whether that difference should be added or subtracted in preparing the reconciliation of pretax financial income to taxable income. You are responsible for deciding how each difference should be treated.

Instructions:

A. Prepare a reconciliation of pretax financial income to taxable income for Ashley Company for 2020.

B. Compute Ashley’s Income Tax Payable as of the end of 2020.

C Compute the year-end balances in any deferred income tax asset and/or deferred income tax liability accounts that exist as of the end of 2020.

D. Compute Ashley’s Income Tax Expense for 2020.

What does Carr mean when he discusses a vanishing advantage?

What does the commoditization of IT mean? What is a commodity? How do you make a product into something that is not a commodity? How does this apply to IT?

The examples of railroads and electricity seem to be similar to IT; are these analogies valid? What is different about IT? How is IT similar to these examples?

What does Carr feel are the new rules for IT? Do you think Carr’s recommendations are strategies that firms should follow? Is there are role for IT in innovation and striving for excellence?

Overview Diffusion of innovations (DOI) is a framework which has its root in rural health, where more emphasis on marketing is required in introducing new health behaviors or technologies. It is based on five processes: Innovation Development, Dissemination, Adoption, Implementation, and Maintenance. use of DOI in developing physical activity interventions in children and adolescents. plan your own intervention by using lessons learned from these methods. how students view physical education. Make a 5-point list of what you will do

The social media industry is highly monopolistic with Facebook, users provide Facebook (and 3rd-party companies) with huge amounts of data in exchange for access to the platform. provides Facebook’s algorithms with a clear picture of your preferences or demand for certain goods/services. Technological underperformance is a welfare cost associated with monopolies. For companies such as Facebook, innovation would be minimal due to lack of competition. a) From Industry perspective， please give some ideas to argue that the market doesn't work badly and the government should not interfere