How do embryonic development patterns provide evidence for the theory of evolution?

1. List and discuss the main areas of motor development necessary for the insertion of young children into early childhood facilities (the nursery program) in Guyana
2. A child with physical limitation is accepted into your early childhood facility, what are some necessary considerations to cater for the needs of this child.
3. There are five main areas to consider when describing the all-rounded development of the child. these include :
4. There are two particular senses involve in motor skill development discuss. ( these two sense help to motivate motor skill development)

The FASB issues new standards on accounting. The implementation date is usually a year from the date of issuance with early implementation encouraged. Jane Durham, chief accountant is discussing implementing this new standard as soon as possible. The CFO however realizes that an early implementation will have a negative effect on the firm's net income for the year. The CFO discourages the chief Accountant from implementing the standard until the required date. Is the CFO's action proper? Why or why not? Is there an ethical issue involved? If so how?

6) a) Why does the chick embryo form as a blastoderm and not as a blastula? (4 %)

b) Where are the 2 chick early organisers and what are they called? (5 %)

c) How are new somites specified in chick? (3%)  

7) a) What is the difference between the mammalian early blastula and other vertebrate embryos and what is the significance of the differences? (5%)

b) How do homeotic genes in mice differ from those in flies? (4%)

c) What is the role of retinoic acid in mouse determination (3%)

John established his first Roth IRA six years ago and has made a total participant contribution of $8,000 so far. Two years ago, he also converted his Traditional IRA assets ($6,000) to his Roth IRA (tax deduction was allowed when he contributed to his Traditional IRA and he has paid tax at the time of conversion). John is now 55 years old.

(a). If John withdraws all the money (including contributions, conversions and earnings) from his account to pay for his son’s college tuition now, is it a qualified distribution and why?

(b).The balance in John’s Roth IRA is $18,500. If John withdraws $18,500 to pay for a vacation, what amount is subject to income tax and what amount is subject to early-distribution penalty obligation? Amount subject to income tax $_____ Amount subject to early-distribution penalty obligation $_______

c). The balance in John’s Roth IRA is $18,500. If John withdraws $18,500 from his account to pay for his son’s college tuition, what amount is subject to income tax and what amount is subject to early distribution penalty obligation? Amount subject to income tax $_______ Amount subject to early-distribution penalty obligation $______

MUST SHOW WORK PDF OR EXCEL

The Merger of Kmart & Sears

As the engineer of the $11.5 billion planned purchase of Sears, Roebuck & Co. by Kmart Holding Corp.,

Edward Lampert is stepping out of the shadows of Wall Street to make a high‐profile bet that the

fortunes of not just one but two retailing giants can be turned around. He keeps his strategy close to the

vest, and his fortune is uncertain, though it was estimated at $2 billion ahead of the acquisition news.

Mr. Lampert’s hedge‐fund firm, ESL Investments inc., which owns 43 million shares of Kmart, and 31

million shares of Sears, recorded paper gains of nearly $600 million in the wake of the takeover news.

He knew that was a spectacular one‐day return given that market interest rates were 6%.

Short‐sellers have been wary of Kmart ever since it emerged from bankruptcy in early May 2003. After

Mr. Lampert bought up some $1 billion of Kmart’s distressed debt in 2002, he kicked off an aggressive

restructuring campaign that included closing stores and selling off real estate to competitors. Investors

were so enamored of his results that they helped to double Kmart’s stock price in the past 18 months

from $58 per share to the current value of $120 per share.

The SEC filing also included a new employment contract for Sears chief executive Alan Lacy, who is

slated to be CEO and vice chairman of the combined company, Sears Holdings Corp. Under the

employment pact, which runs for 5 years after the merger’s effective date, Lacy is entitled to a minimum

base salary of $1.5 million a year and a target annual bonus of 150% of the base salary.

An acquirer’s brand typically is the one that goes forward, but companies have been known to flout the

rule based on whose brand is stronger in the marketplace. When Nations Bank bought Bank of America,

the merged company took the Bank of America name and re‐branded all the Nations Bank branches.

Asked to comment on the Kmart / Sears deal, an analyst said “I don’t think the combined company will

be a much more significant challenge to Wal‐Mart. Consumers think that when they want price they go

to Wal‐Mart. When they want value – a little fashion – they go to Target.” After hearing this, Mr.

Lampert began to wonder if he had made the correct decision. “I wonder,” he thought to himself,

“would I have been better off buying Target instead?” Although it was too late, he began to look at the

financials for Target to see if he would have been better off buying Target.

Questions you should consider in reviewing the case:

1. How could we find the greatest underperforming area for any of the firms?

7. A.   

1. Below is budgeted production and sales information for Flushing Company for the month of December:

   	Product XXX	Product ZZZ
   Estimated beginning inventory	29,200 units	18,100 units
   Desired ending inventory	35,600 units	14,100 units
   Region I, anticipated sales	341,000 units	262,000 units
   Region II, anticipated sales	188,000 units	143,000 units

   The unit selling price for product XXX is $4 and for product ZZZ is $15.
   
   Budgeted sales for the month are

   a. $9,555,000

   b. $14,010,000

   c. $3,736,000

   d. $8,191,000

B,

1. Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:
   

   	April	May	June
   Manufacturing costs (1)	$155,800	$198,200	$211,100
   Insurance expense (2)	910	910	910
   Depreciation expense	1,840	1,840	1,840
   Property tax expense (3)	470	470	470

   
   (1) Of the manufacturing costs, three-fourths are paid for in the month they are incurred; one-fourth is paid in the following month.
   (2) Insurance expense is $910 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October).
   (3) Property tax is paid once a year in November.

   The cash payments expected for Finch Company in the month of May are

   a. $148,650

   b. $38,950

   c. $226,550

   d. $187,600

7. C.

1. Woodpecker Co. has $307,000 in accounts receivable on January 1. Budgeted sales for January are $938,000. Woodpecker Co. expects to sell 20% of its merchandise for cash. Of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. The January cash collections from sales are

   a. $634,440

   b. $1,364,400

   c. $845,920

   d. $1,057,400

You are the audit supervisor of Seagull & Co and are currently planning the audit of your existing client, Eagle Heating Co., for the year ending December 31, 2020. Eagle manufactures and sells heating and plumbing equipment to a number of home improvement stores across the country.

Eagle has experienced increased competition and is facing significant pressure to meet sales targets. As a result, it has decreased the selling price of its products significantly since September 2020. The finance director has informed your audit manager that he expects increased inventory levels at the year end. He also notified your manager that one of Eagle's key customers has been experiencing financial difficulties. Therefore, Eagle has agreed that the customer can take a six-month payment break, after which payments will continue as normal. The finance director does not believe that any allowance is required against this receivable.

In October 2020, the financial controller of Eagle was dismissed. He had been employed by the company for over 20 years, and he has threatened to sue the company for unfair dismissal. The role of financial controller has not yet been filled and so his tasks have been shared between the existing finance department team. In addition, the accounts payable supervisor left in August and a replacement has been appointed in the last week. However, for this period no supplier statement reconciliations or accounts payable reconciliations were performed.

You have undertaken a preliminary analytical review of the draft year-to-date statement of profit or loss, and you are surprised to see a significant fall in administration expenses.

Required

Discuss the factors that will impact the risk of material misstatement at the financial statement and account levels in planning the audit of Eagle.

Spotify - a popular music streaming service - recently released data summarizing trends in worldwide listening patterns for 2014.

Data was collected for a sample of 55 American users and 40 Canadian users. The sample of American users had an average streaming time of 23 hours with a standard deviation of 5 hours. The sample of Canadian users had an average streaming time of 21 hours with a standard deviation of 5.5 hours.

A hypothesis test is to be conducted at the 5% significance level to determine whether the average streaming time for American users is higher than that of Canadian users.

How many degrees of freedom would be used to conduct this hypothesis test? Assume that the population standard deviations are unequal. Express your solution as a whole number.