Questions
The number of bears killed in 2010 for 52 counties in Pennsylvania is shown in the frequency distribution. Construct a histogram,

The number of bears killed in 2010 for 52 counties in Pennsylvania is shown in the frequency distribution. Construct a histogram, frequency polygon, and ogive for the data. Comment on the skewness of the distribution. How many counties had 75 or fewer bears killed?

In: Statistics and Probability

Using the labor demand and supply framework, explain why the gender wage gap was relatively constant...

Using the labor demand and supply framework, explain why the gender wage gap was relatively constant between 1885 and 1980, and why the ratio of female–male earnings has increased from 0.628 in 1980 to 0.805 in 2010.

In: Economics

Identify the anomalies and/or red flags of fraud present at the business. Could this fraud have...

Identify the anomalies and/or red flags of fraud present at the business. Could this fraud have been prevented or deterred?

http://bartheft.com/post/2010/01/18/Exotic-Embezzling-Investigating-Off-Book-Fraud-Schemes.aspx#comment

In: Accounting

i. Examine the fiscal policies in place at the start of your specific time period in...

i. Examine the fiscal policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance, consider level of government spending, taxation, subsidies, unemployment benefits, and so on from 2000-2010.

In: Economics

Farmer Inc. began business on January 1, 2019. Its pretax financial income for the first 2...

Farmer Inc. began business on January 1, 2019. Its pretax financial income for the first 2 years was as follows:

                              2019                                  $340,000

                              2020                                    760,000

The following items caused the only differences between pretax financial income and taxable income.

1.    In 2019, the company collected $420,000 of rent; of this amount, $140,000 was earned in 2019; the other $280,000 will be earned equally over the 2020–2021 periods. The full $420,000 was included in taxable income in 2019.

2.    The company pays $20,000 a year for life insurance on officers.

3.    In 2020, the company terminated a top executive and agreed to $90,000 of severance pay. The amount will be paid $30,000 per year for 2020–2022. The 2020 payment was made. The $90,000 was expensed in 2020 for financial reporting purposes. For tax purposes, the severance pay is deductible as it is paid.

4. The company purchased a large asset in 2019 for $60,000. The depreciation will be computed using a five-year life. For tax purposes, the company will be able to deduct half of the cost in 2019 and in 2020.

The enacted tax rates existing on December 31, 2019, are:

               2019                     30%                                      2021                     40%

               2020                     35%                                      2022                     40%

Instructions:

(a)      Determine taxable income for 2019 and 2020.

(b)      Determine the deferred income taxes at the end of 2019, and prepare the journal entry to record income taxes for 2019.

(c)      Prepare a schedule of future taxable and (deductible) amounts at the end of 2020.

(d)      Prepare a schedule of the deferred tax (asset) and liability at the end of 2020.

(e) Compute the net deferred tax expense (benefit) for 2020.

(f)       Prepare the journal entry to record income taxes for 2020.

In: Accounting

SQL A manufacturing company’s data warehouse contains the following tables. Region region_id (p) region_name super_region_id (f)...

SQL

A manufacturing company’s data warehouse contains the following tables.

Region

region_id (p)

region_name

super_region_id (f)

101

North America

102

USA

101

103

Canada

101

104

USA-Northeast

102

105

USA-Southeast

102

106

USA-West

102

107

Mexico

101

Note: (p) = "primary key" and (f) = "foreign key". They are not part of the column names.

Product

product_id (p)

product_name

1256

Gear - Large

4437

Gear - Small

5567

Crankshaft

7684

Sprocket

Sales_Totals

product_id (p)(f)

region_id (p)(f)

year (p)

month (p)

sales

1256

104

2020

1

1000

4437

105

2020

2

1200

7684

106

2020

3

800

1256

103

2020

4

2200

4437

107

2020

5

1700

7684

104

2020

6

750

1256

104

2020

7

1100

4437

105

2020

8

1050

7684

106

2020

9

600

1256

103

2020

10

1900

4437

107

2020

11

1500

7684

104

2020

12

900

Answer the following questions using the above tables/data:


6. Write a set of SQL statements which will add a row to the Region table for Europe, and then add a row to the Sales_Total table for the Europe region and the Sprocket product (product_id = 7684) for October 2020, with a sales total of $1,500. You can assign any value to the region_id column, as long as it is unique to the Region table. The statements should be executed as a single unit of work. Please note that since the statements are executed as a single unit of work, additional code is needed.

In: Computer Science

WIPER INC. Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions) 2020 2019 2018 Current...

WIPER INC.
Condensed Balance Sheets
December 31, 2020, 2019, 2018
(in millions)
2020 2019 2018
Current assets $ 681 $ 906 $ 753
Other assets 2,415 1,922 1,721
Total assets $ 3,096 $ 2,828 $ 2,474
Current liabilities $ 566 $ 805 $ 712
Long-term liabilities 1,521 995 842
Stockholders’ equity 1,009 1,028 920
Total liabilities and stockholders' equity $ 3,096 $ 2,828 $ 2,474
WIPER INC.
Selected Income Statement and Other Data
For the year Ended December 31, 2020 and 2019
(in millions)
2020 2019
Income statement data:
Sales $ 3,052 $ 2,915
Operating income 298 312
Interest expense 86 67
Net income 197 192
Other data:
Average number of common shares outstanding 41.5 46.9
Total dividends paid $ 52.0 $ 52.5


Required:

  1. Calculate return on investment, based on net income and average total assets, for 2020 and 2019.
  2. Calculate return on equity for 2020 and 2019.
  3. Calculate working capital and the current ratio for each of the past three years.
  4. Calculate earnings per share for 2020 and 2019.
  5. If Wiper's stock had a price/earnings ratio of 12 at the end of 2020, what was the market price of the stock?
  6. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in part e.
  7. Calculate the dividend payout ratio for 2020.
  8. Assume that accounts receivable at December 31, 2020, totaled $311 million. Calculate the number of days' sales in receivables at that date.
  9. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019.
  10. Calculate the times interest earned ratio for 2020 and 2019.

In: Accounting

Explain meaning of integration by using the information and example given Integration • In the context...

Explain meaning of integration by using the information and example given

Integration • In the context of integration, explain the difference, and illustrate with an example, between after tax cash of $10,000 earned as interest income and as eligible dividend income. Use the combined 38.29% Federal and BC marginal tax rate and the 2020 rates for general corporate tax and eligible dividend tax credit (hint 27%, 38%, 15.02%, 12%)

Post in relation to your topic o An explanation; o An example and/or calculation; or, o Illustrative material (diagram, flowchart)

In: Finance

For each of the following state whether the supply or demand for loanable funds is increasing...

For each of the following state whether the supply or demand for loanable funds is increasing or decreasing.

a. Individuals cut back on their travel and entertainment spending for fear of catching the coronavirus.

b. Businesses expect the recession to depress profits next year

c. New technological advances make electric cars cost competitive with internal combustion cars

d. Businesses delay their investment plans until after the November 2020 election.

e. There is political unrest in a foreign country

f. State and local governments increase spending to fight the coronavirus

In: Economics

Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing...

Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $99,900 to Angela for $111,000. Of this inventory, $56,600 worth was not sold to outsiders until 2021. During 2021, Corby sold inventory costing $96,800 to Angela for $121,000. A total of $51,500 of this inventory was not sold to outsiders until 2022. In 2021, Angela reported separate net income of $219,000 while Corby's net income was $114,500 after excess amortizations. What is the noncontrolling interest in the 2021 income of the subsidiary?

In: Accounting