Questions
Write a Balance the chemical equation for the decomposition reaction that occurred. _____ KClO3(s) ----> ______...

Write a Balance the chemical equation for the decomposition reaction that occurred.

_____ KClO3(s) ----> ______ KCl (s) + _____ O2

Mass of crucible 88.000

Mass of crucible KClO3 before heating - 108.000

mass of KClO3- ?

Mass of crucible and product after heating- 100.167

mass of product-?

In: Chemistry

Consider a $766,200 principal 28 -year mortgage with monthly payments. The annual mortgage rate is 7.40%...

Consider a $766,200 principal 28 -year mortgage with monthly payments. The annual mortgage rate is 7.40% with monthly compounding. Assume that the remaining balance after the 60 th payment is $613,395 . What is the total prepayment made on or before the 5 th anniversary of the mortgage?

In: Finance

A nutritionist wants to know if there is a difference in blood pressure if a person...

A nutritionist wants to know if there is a difference in blood pressure if a person follows a Mediterranean diet. The nutritionist obtains participants’ blood pressure before and after the diet program. What would be the most appropriate statistical test to determine whether there is a significant reduction in blood pressure?

In: Statistics and Probability

Use the Lewis two sector model. Assume a country is in early stages of development and...

Use the Lewis two sector model. Assume a country is in early stages of development and the you want to help develop the country using the Lewis two sector model. What would you predict about the production function before and after development of the country?

In: Economics

Before 2008, the International Monetary Fund was focused on developing countries with balance of payment problems....

Before 2008, the International Monetary Fund was focused on developing countries with balance of payment problems. However, after 2008, it has completely change its policy. Describe and discuss this new policy. Is it effective? Give at least 5 examples. 200 words minimum

In: Economics

What is the single best type of statistical analysis to use to answer? Are depression scores...

What is the single best type of statistical analysis to use to answer?

  1. Are depression scores lower after therapy than before therapy?
  2. Do people own more pairs of workout shoes than dress shoes?
  3. Is gender related to college major selection?

In: Statistics and Probability

Mergers and acquisitions are one of the most important trends in banking in the last generation....

Mergers and acquisitions are one of the most important trends in banking in the last generation. Please find one example of a major merger in the last twenty years. Give a brief description of each bank before the merger, the motivation for the merger, and the final product after the merger.

In: Finance

I am calculating the expected cash flow for a project. However, I am not sure that...

I am calculating the expected cash flow for a project. However, I am not sure that I should use the net cash flow (after tax) or cash flows (before tax) to identify the payback period and the discounted payback period? Thank you

In: Finance

A corporation recently purchased some preferred stock that has a before-tax yield of 8.5%. The company...

A corporation recently purchased some preferred stock that has a before-tax yield of 8.5%. The company has a tax rate of 40%. What is the after-tax return on the preferred stock? A. 7.48% B. 6.65% C. 7.04% D. 7.74% E. 7.28%

In: Finance

a) Tom Goodly Ltd guarantees the bank overdraft of Pete Smith Ltd during 2018. Tom Goodly...

a) Tom Goodly Ltd guarantees the bank overdraft of Pete Smith Ltd during 2018. Tom Goodly Ltd’s reporting period ends on 30 June each year. At the time of

providing the guarantee, Pete Smith Ltd was in a sound financial position. During late 2019, due to the outbreak of the COVID-19 pandemic, international

trading conditions deteriorated to such an extent that Pete Smith Ltd incurred substantial losses. Finally, on 25 July 2020, Pete Smith Ltd was forced to file for

protection from its creditors.

Required:

Explain how Tom Goodly Ltd would report the guarantee provided to Pete Smith Ltd in its financial statements ending

i) 30 June 2019

ii) 30 June 2020 3

b) As at 30 June 2018, T&P Ltd’s equity accounts are as follow: 400  000 ‘A’ ordinary shares, issued at $2.50 each, fully paid $ 1 000 000

75  000  6% cumulative preference shares, issued at $3 and paid to $2 150  000

Accumulated losses (12 750)

As the company had incurred a loss for the year ended 30 June 2018, no dividends were declared for that year. The following transactions and events occurred during the year ended 30 June 2020.

2019 July 25 The directors made the final call of $1 on the preference shares. Aug 31 All call monies were received except those owing on 5000 preference shares.

Sept 7 The directors resolved to forfeit 5000 preference shares for non-payment of the call. The constitution of the company directs that forfeited amounts are not to be refunded to shareholders. The shares will not be reissued.

Nov 1 The company issued a prospectus offering 40  000 ‘B’ ordinary shares payable in two instalments: $3 on application and $2 on 30 November 2022. The offer closed on 30 November.

Nov 30 Applications for 50  000 ‘B’ ordinary shares were received.

Dec 1 The directors resolved to allot the ‘B’ ordinary shares pro rata with all

applicants receiving 80% of the shares applied for. Excess application

monies were allowed to be held. The shares were duly allotted.

Dec 5 Share issue costs of $8600 were paid.

Required:

Prepare general journal entries to record the above transactions.

In: Accounting