On January 1, 2020, the company signed on a lease contract which qualifies as finance lease. It calls for annual payments of $52,538 at 1/1/2020 for the first payments, and 12/31 of each year thereafter over a six-year lease term. The present value of total lease payment is $280,000 under 5% annual interest rate. Make journal entries for each of following dates, including any interest or amortization expenses.

January 1, 2020, signs the lease contract and makes the first payment of $52,538:

December 31, 2020, fiscal year-end, the second payment of $52,538:

December 31, 2021, fiscal year-end, the third payment of $52,538:

On March 1, 2020, Crane Company sold goods to Goosen Inc. for $702,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,182,911 (an inputed rate of 11%). The goods have an inventory cost on Crane’s books of $395,000.

(a) Prepare the journal entries for Crane on March 1, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

(b) Prepare the journal entries for Crane on December 31, 2020.

3. Acquired lmmunity

A) Discuss immunity acquired by vaccination

B) Discuss immunity acquired by disease exposure

C) Discuss. Acquired immunity Deficiency syndrome

D) Discuss the function of T-Cells

In this scenario, imagine that you are the financial manager of a major corporation. The CEO has asked you to explain the reasons to consider different types of business combinations, and ways to structure them (joint ventures, mergers, strategic alliances, and more). You, as the financial manager, should compose an email with this explanation. Assume the CEO is not a finance expert.

In your email to the CEO, address the following points:

1. Explain the reasons to consider different types of business combinations.

2. Describe different ways to structure business combinations.

ABC company acquires and places in service two assets in March 2020: a forklift (7-year class asset) at a cost of 5000, and a truck (5-year class asset) at a cost of $12000. What is ABC's cost recovery deduction in 2020? Assume ABC is a calendar year taxpayer and does not take Sec.179 expense or first-year bonus depreciation.

Pharoah company has 6500 shares of 5%, $100 par value, cumulative preferred stock and 13000 shares of $1 par value common stock outstanding in december 31,2020. There were no dividends declared in 2018. The board of directors declares and pays a $61100 dividend in 2019 and in 2020. what is the amoun of dividends recieved by the common stock holders in 2020.

The first video below contains some famous claims and comments stemming from Elon Musk, the CEO of Tesla and SpaceX (and one of the founders of PayPal, some time ago) -- and Stephen Hawking, and others. What do these observations have to do with ethics? The question is how we address the impact of technology on jobs, on human behavior, and even the meaning of human life. Be sure to check these out! Then make comments on your responses with regard to how human beings should respond, adapt, or prepare for these changes. It's probably that we can't go 'backwards'; how do we come to terms with what... 'we' have wrought!

https://www.youtube.com/watch?v=xs_HhZrCBdg&t=15s

Nick Bostrom, "What Happens When our Computers get Smarter than We Are?"

https://www.ted.com/talks/nick_bostrom_what_happens_when_our_computers_get_smarter_than_we_are?referrer=playlist-talks_on_artificial_intelligen#t-612076

Intangibles can be one of the most important yet most undervalued assets on a company balance sheet (if recorded at all).

Pick a company that has an intangible asset (recorded or not) - tell us what it is, how it's beneficial to the company and how it was developed or purchased.

( B ) : In each quarter of every year, the maximum capacity of the "MBA

Co." is 4000 hours available for sorting and re-packing two sorts of imported apples in special boxes where each box contains only one ton of either the red or the yellow apples. The monthly common committed fixed costs of the company is L.E. 100000, and the following estimates are presented in relation to the coming quarter which will start July 1, 2015 :-

eqrequired :

Use appropriate traditional managerial accounting marginal analysis techniques to determine the optimal imports mix the   company should consider for the third quarter of 2015, then prepare this quarter's expected detailed income statement.