trial balance of pioneer corp. on July 1, 2010 is:

account -------------------debit ---------------credit

cash............................ $26,000   

accounts receivable...... $4,500

accounts payable........................................$2,000

common stock.............................................$10,000

retained earnings.........................................$18,500

total...............................$30,500 .................$30,500

transactions during august 2010

a.loan of $45,000 from chasebank in note form

b.bought land for $40,000 cash

c. received $5,000 for services performed for customer

d. bought $300 supplies on credit

e. paid $1000 on account

f. paid salary expenses of $3000

g.received $3000 on account

h. declared dividend of $1,800

i. paid the $1,800 dividend declared in ( h. )

Post to the general ledger (a - i)

please do the following T-accounts, calculate the total only if its a permanent account.

cash, accounts receivable, supplies, land, accounts payable, notes payable, dividends payable, retained earnings, dividends, revenue, salary expense, common stock.

How do you find the key that has the most vlaues in it in a dict() useing python?

Example:

{'Zombies Take the Schoolyard': ['Beavers, Kim', 'Frank, Jordan', 'Goodman, Branden', 'Rivera, David', 'Stettler, Sarah'], 'Zompyres: Texas': ['Beck, Stefan', 'Bourland, Cory', 'Burnett, Chase', 'Dumas, Laura', 'Funderburk, Katie'], "2012 Dick's Oddity": ['Attix, Cathy', 'Belville, Bonnie', 'Graciela, Maritza', 'Jakus, Julia', 'Swarts, Nick'], 'CC 2010': ['Coulston, Sabrina'], 'December 21, 2012': ['Faust, Ricky', 'Keep, Tracey', 'Kehayas, Heather', 'Kimball, Elizabeth', 'Walkow, Brett'], 'Venjaxor: 2012!': ['Hueffmeier, Keith', 'Parmentier, Bill', 'Severson, Robert', 'Stroup, Kevin', 'Warner, Ron'], 'Steel of Fire Warriors 2010 A.D.': ['Clarke, Kevin', 'Furback, Jaqi', 'Sheen, Derek', 'Straw, Owen', 'Vogt, Travis']}

With these movies how do I find the the one that had the most actors in it.

Thanks for the help.

annual growth rate during this period. For example, real income per person in Zambia was $1,412 in 1960, and it actually declined to $1,309 by 2010. Zambia's average annual growth rate during this period was -0.15%, and it was the poorest economy in the table in the year 2010.

The real income-per-person figures are denominated in U.S. dollars with a base year of 2005. The following exercises will help you to understand the different growth experiences of these economies.

Indicate which economy satisfies each of the following statements.

Consider the following list of four economies. Which economy began with a level of real income per person in 1960 that was well below that of Venezuela and grew fast enough to catch up with and surpass Venezuela's real income per person by 2010?

Botswana

Honduras

Malaysia

Zambia

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Consider a simple economy whose only industry is weaving. In this industry, productivity—the amount of goods and services a worker can produce per hour—is measured by the number of garments one weaver makes per hour.

In the following table, match each example to the productivity determinant it represents.

Consider a small island country whose only industry is weaving. The following table shows information about the small economy in two different years.

Complete the table by calculating physical capital per worker as well as labor productivity.

Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor.

Based on your calculations,   in physical capital per worker from 2028 to 2029 is associated with   in labor productivity from 2028 to 2029.

Suppose you're in charge of establishing economic policy for this small island country.

Which of the following policies would lead to greater productivity in the weaving industry? Check all that apply.

Imposing a tax on looms

Sharply increasing the interest rate on student loans to people pursuing advanced degrees in weaving

Imposing restrictions on foreign ownership of domestic capital

Offering free public education to every worker in the country

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Horizon Corporation manufactures personal computers. The company began operations in 2012 and reported profits for the years 2012 through 2019. Due primarily to increased competition and price slashing in the industry, 2020's income statement reported a loss of $20 million. Just before the end of the 2021 fiscal year, a memo from the company's chief financial office (CFO) to Jim Filed, the company controller, included the following comments.

If we don't do something about the large amount of unsold computers already manufactured, our auditors will require us to record a write-down. The resulting loss for 2021 will cause a violation of our debt covenants and force the company into bankruptcy. I suggest that you ship half of our inventory to J.B.Sales, Inc., in Oklahoma City. I know the company's president, and he will accept the inventory and acknowledge the shipment as a purchase. We can record the sale in 2021which will boost our loss to a profit. Then J.B. Sales will simply return the inventory in 2022 after the financial statements have been issued.

Answer the following questions (either with a video or written).

1. What is the effect of this transaction, requested by the CFO, on net income?

2. If Jim does not record the sales transaction requested by the CFO, what is the effect on total assets and net income of the inventory write-down?

3. Are investors and creditors potentially harmed by the CFO's suggestion?

4. should Jim follow the CFO's suggestion? Support your answer with accounting.

Horizon Corporation manufactures personal computers. The company began operations in 2012 and reported profits for the years 2012 through 2019. Due primarily to increased competition and price slashing in the industry, 2020’s income statement reported a loss of $20 million. Just before the end of the 2021 fiscal year, a memo from the company’s chief financial officer (CFO) to Jim Fielding, the company controller, included the following comments:

“If we don’t do something about the large amount of unsold computers already manufactured, our auditors will require us to record a write-down. The resulting loss for 2021 will cause a violation of our debt covenants and force the company into bankruptcy. I suggest that you ship half of our inventory to J.B. Sales, Inc., in Oklahoma City. I know the company’s president, and he will accept the inventory and acknowledge the shipment as a purchase. We can record the sale in 2021 which will boost our loss to a profit. Then J.B. Sales will simply return the inventory in 2022 after the financial statements have been issued.”

1. Understand the reporting effect: What is the effect on income before taxes of the sales transaction requested by the CFO?

2. Specify the options: If Jim does not record the sales transaction requested by the CFO, what is the effect on total assets and income before taxes of the inventory write-down?

3. Identify the impact: Are investors and creditors potentially harmed by the CFO’s suggestion?

4. Make a decision: Should Jim follow the CFO’s suggestion?

Give more details on the following answer

Question:

Give a detailed explanation about what is happening with the oil prices.

mention coronavirus, OPEC, Saudi Arabia.

give references

Answer:

Oil prices is dropping.Major causes behind the fall is given below:

• Increase in Supply.
• Decrease in demand and
• fall of monopoly power in oil producers.

The price of oil sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic.Oil prices have fallen by more than half during the past month as companies cut back or close production.Oil prices failed to keep pace,with growing (coronavirus)lock down measures and that could drive global demand down 20%,potentially pushing the world to run out of storage capacity.

Organization of petroleum exporting countries (OPEC) controls almost 80%of the world's oil reserves.OPEC is the main influencer in fluctuations in oil prices.OPEC and its allies due to covid 19 outbreak,agreed to historic production cuts to stabilize prices,but they dropped to 20 years lows.Supply and demand influences oil prices to change.From global perspective,political instability in middle east causes oil prices to change.

Saudi Arabia is the second largest oil producer in the world.It will suffer financially from cheap oil.It can afford temporary falls in oil prices because they have substantial reserves.If low prices persist,Saudi Arabia may have to cut back on some of the social programms.

References:

BBC News(30 March 2020) Coronavirus:oil price collapses to lowest level for 18 years

1. a) Submit a copy of your dataset along with a file that contains your answers to all of the following questions.

b) What the mean and Standard Deviation (SD) of the Close column in your data set?

c) If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points)

2. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at more than $950? (5 points)
3. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $50 of the mean for that year? (between 50 below and 50 above the mean) (5 points)
4. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than $800 per share. Would this be considered unusal? Use the definition of unusual from the course textbook that is measured as a number of standard deviations (5 points)
5. At what prices would Google have to close in order for it to be considered statistically unusual? You will have a low and high value. Use the definition of unusual from the course textbook that is measured as a number of standard deviations. (5 points)
6. What are Quartile 1, Quartile 2, and Quartile 3 in this data set? Use Excel to find these values. This is the only question that you must answer without using anything about the normal distribution. (5 points)
7. Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Does this distribution have the properties of a normal distribution as described in the course textbook? Real data sets are never perfect, however, it should be close. One option would be to construct a histogram like you did in Project 1 to see if it has the right shape. Something in the range of 10 to 12 classes is a good number. (5 points)

DATA SET- Closed stock prices

One of the subsidiary of the company Dronedelivery Sdn Bhd is producing delivery drones. With the existing technology, their variable per unit is $480 and annual fixed cost, including maintenance expenses, total $1,120,000. However, with the proposed new technology variable costs, are projected to be cut in half to $240 per unit while fixed costs are expected to double to $3,240,000. Given the anticipated new costs structure and no change in the pricing structure of the drones, the breakeven level of sales is expected to increase from 3800 units currently to 4300 units with the new production method. Current sales are 4000 units an average price of $800. They figure out that 6,000 units is a reasonable expected sales level, with standard deviation of above 1,100 units. You might think 6,000 units is an overly optimistic sales forecast, but with our large and growing backlog of orders they have every confidence that they will make or exceed 6,000 unit target. Required a) Calculate the degree of operating leverage (DOL) for the company? b) Based on the DOL and the risk profile of the product and the demand, should the company move to adopt the new technology? The new technology will cost $20,000,000 with a useful life of 4 years. The existing technology has a net book value of $10,000,000 and a useful life of also 4 years. c) What are the qualitative considerations that you must take in decision?

The Board of Directors of Potato Pave Inc. (PPI) is considering a $10 million dollar investment in new molecular biology technology that will enable PPI to, if successful, grow and produce potato plants of improved varieties and at a faster rate compared to conventional potato farming technologies. The successful implementation of this new technology is expected to bring in $100 million for PPI, and the likelihood of such success is 25%. There is a 5% chance the technology will ravage PPI’s current potato crop, and result in additional losses of $100 million dollars to PPI. The Board believes that the most likely scenario (with a 70% likelihood) is that the technology will yield just enough value to offset the $10 million expended to invest in the technology. PPI today has $110 million of total assets and $120 million of total liabilities (its liabilities are to a single creditor, Credit Potato). Assume all dollar amounts are present values and impact PPI’s balance sheet.

(a) (10%) What is the expected value of the prospective investment from the perspectives of (i) the corporate enterprise, PPI, and (ii) its single creditor, Credit Potato? Show the process of calculation.

(b) “PPI is presently within the zone of insolvency.” True or false? Why?

(c) In consideration of your responses to parts (a) and (b) above, should the PPI Board move forward with the investment? Why or why not?

If you cannot answer (b) and (c) that's okay. Please help me with (a) at least, especially in the perspective of the creditors