Questions
Shown below in T-account format are the changes affecting the retained

Shown below in T-account format are the changes affecting the retained earnings of Brenner-Jude Corporation during 2021. At January 1, 2021, the corporation had outstanding 105 million common shares, $1 par per share. 

 

Required: 

1. From the information provided by the account changes you should be able to re-create the transactions that affected Brenner-Jude’s retained earnings during 2021. Reconstruct the journal entries which can be used as spreadsheet entries in the preparation of a statement of cash flows. Also indicate any investing and financing activities you identify from this analysis that should be reported on the statement of cash flows. 

2. Prepare a statement of retained earnings for Brenner-Jude for the year ended 2021. 

In: Mechanical Engineering

What are some of the major changes in the market for physicians’ services that are affecting...

What are some of the major changes in the market for physicians’ services that are affecting both physician incomes and their practices?
What measure is commonly used to indicate a shortage?

In: Nursing

Classify the following phase changes by the signs of the system's ΔH and ΔS.

Classify the following phase changes by the signs of the system's ΔH and ΔS.

In: Chemistry

ISGM does not consider the impact of the changes in the interest rates on the following:...

ISGM does not consider the impact of the changes in the interest rates on the following:

Select one:

a. NIM

b. NII

c. Net worth

In: Finance

Changes to the slope of the yield curve : a. Highlight the need for risk measures...

Changes to the slope of the yield curve :

a. Highlight the need for risk measures such as duration

b. Realigning the portfolio's duration

c. Have little effect on the value of a well diversified portfolio of bonds

d. Impact the value of floating rate securities more than the value of fixed coupon securities

In: Finance

When a variable that is named on an axis of a graph changes, the curve shifts....

When a variable that is named on an axis of a graph changes, the curve shifts.

a. true

b.false

In: Economics

An inelastic supply increases. Compare the size of the changes in prices and quantities with the...

An inelastic supply increases. Compare the size of the changes in prices and quantities with the size of those changes that would occur the same increase in an elastic supply. The effects of an increase in an inelastic supply will be:

Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.

a

a larger change in equilibrium quantity and a larger change in equilibrium price.

b

a larger change in equilibrium quantity and a smaller change in equilibrium price.

c

a smaller change in equilibrium quantity and a larger change in equilibrium price.

d

a smaller change in equilibrium quantity and a smaller change in equilibrium price.

e

The changes in equilibrium quantity and price will be the same in both cases.

In: Economics

Explain the purpose and use of the Statement of profit or loss, Statement of changes in...

Explain the purpose and use of the Statement of profit or loss, Statement of changes in equity, Statement of financial position (also known as the Balance Sheet) and of the Statement of cash flows. Explain why the Statement of cash flows differs from the Statement of profit or loss (125 words).

In: Accounting

Changes in valuation for trading securities are reported as _____. unrealized gains or losses on the...

Changes in valuation for trading securities are reported as _____.

  1. unrealized gains or losses on the income statement under Other Income (Loss)
  2. accumulated unrealized gain or loss in the stockholders' equity section of the balance sheet
  3. an amortized cost of the investment on the balance sheet
  4. None of these choices are correct.

Changes in valuation for available-for-sale securities are reported as _____.

  1. unrealized gains or losses on the income statement under Other Income (Loss)
  2. accumulated unrealized gain or loss in the stockholders' equity section of the balance sheet
  3. an amortized cost of the investment on the balance sheet
  4. None of these choices are correct.

In: Accounting

The daily changes in the closing price of stock follow a random walk. That is, these...

The daily changes in the closing price of stock follow a random walk. That is, these daily events are independent of each other and move upward or downward in a random matter and can be approximated by a normal distribution. Let's test this theory. Use either a newspaper, or the Internet to select one company traded on the NYSE. Record the daily closing stock price of your company for the six past consecutive weeks (so that you have 30 values). Decide whether the your 2 data sets are normally distributed by creating a histogram or a boxplot. Please attach your histogram or boxplot as a Word document in your post. Please do NOT answer the discussion in your attachment; answer on the discussion board. Discuss your results. What can you say about the stock with respect to daily closing prices and daily changes in closing prices. Which, if any, of the data sets are approximately normally distributed? NYSE - GE Date Closing Stock Price 1/2/19 8.05 1/3/19 8.06 1/4/19 8.23 1/7/19 8.74 1/8/19 8.56 1/9/19 8.5 1/10/19 8.94 1/11/19 8.94 1/14/19 8.9 1/15/19 8.73 1/16/19 8.98 1/17/19 9.14 1/18/19 9.06 1/22/19 8.66 1/23/19 8.73 1/24/19 8.78 1/25/19 9.16 1/28/19 8.93 1/29/19 8.9 1/30/19 9.1 1/31/19 10.16 2/1/19 10.19 2/2/19 10.21 2/3/19 10.63 2/4/19 10.47 2/5/19 10.06 2/6/19 9.81 2/7/19 10.03 2/8/19 9.81 2/12/19 10.31 Sample Size 30 Mean Median Standard Deviation Minimum Maximum

In: Statistics and Probability