Question 6
Bonita Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date.
|
Investment Securities |
Cost |
Fair Value |
||
| Horton, Inc. common (5,490 shares) | $230,580 | $215,850 | ||
| Monty, Inc. preferred (3,670 shares) | 132,120 | 138,580 | ||
| Oakwood Corp. common (920 shares) | 171,120 | 170,090 |
On October 10, 2020, the Horton shares were sold at a price of $56
per share. In addition, 2,750 shares of Patriot common stock were
acquired at $57 per share on November 2, 2020. The December 31,
2020, fair values were Monty $104,680, Patriot $124,190, and
Oakwood $184,410.
Prepare the journal entries to record the sale, purchase, and
adjusting entries related to the equity securities in the last
quarter of 2020. (Credit account titles are
automatically indented when 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.)
In: Accounting
What types of research projects can you think of Cognitive Science?
For example, an example of a very famous research project is Dr. Rosalind Picard's Affective computing and autism project. Can you think of 5 research projects that are Cognitive Science and Artificial Intelligence/Machine Learning research projects? Please include the name of the professor and the name of the university where the research project is being conducted.
Cognitive Science:
Studying in scientific way about human thoughts, learning and mental organization.
What types of research projects can you think of Cognitive Science?
Research projects which explains human thoughts, learning and mental organization in deep and scientific way.
5 research projects:
| Research project | Professor | Name of the university |
| 1.Modelling the Human Cortex in Three Dimesions | Esther Kuehn | Max Planck Institute for Human Cognitive and Brain Sciences, Germany |
|
2.Neurons That Update Representations of the Future |
Peggy series | University of Edinburgh, Informatics, UK |
| 3.The Regulatory Role of the Human Mediodorsal Thalamus | Giulio Pergola | University of Bari Aldo Moro, Italy |
| 4.Studying Implicit Social Cognition with Noninvasive Brain Stimulation | Maddalena Marini | Harvard University, Cambridge, USA |
| 5.Face Space Representations in Deep Convolutional Neural Networks |
Alice J. O’Toole |
The University of Texas at Dallas, USA |
This is the type of example I am looking for: Automated ‘coach’ could help with social interactions
New software system from MIT could help people improve their conversational and interview skills.
Teaching Social Skills: Using his expertise in computer science, machine learning, and artificial intelligence, Ehsan Hoque, assistant professor of computer science, has since created an automated conversation assistant that senses body language and emotion.
The biggest problem with this example is that sometimes there is very little info on these projects.
In: Psychology
Question B1
In 2002, Musk sold his second internet startup, PayPal, to eBay for $1.5 billion. His first company, a Web software firm, was acquired by Compaq. Currently, Musk is the CEO of Space Exploration Technologies (SpaceX) and Tesla Motors, and also the chairman and the largest shareholder of SolarCity, an energy technology company. SpaceX, which builds rockets for companies and countries to put satellites in space, was the first private company to deliver cargo to the International Space Station. It’s reigniting interest in space exploration. Tesla Motors is the world’s most prominent maker of electric cars and is proving that electric cars can be green, sexy, and profitable. SolarCity is now the leading provider of domestic solar panels in the United States. Each of these ventures has transformed an industry: PayPal – Internet payments; Tesla – automobiles; SpaceX – aeronautics; and SolarCity – energy. (Modified from source: Kristoffer Tripplaar/Sipa USA (Sipa via AP Images)
Based on the above case, name the type of problems Musk deal with when developing these new ventures.
just name the type of problems only !
thanks!!!
In: Operations Management
Question B1
In 2002, Musk sold his second internet startup, PayPal, to eBay for $1.5 billion. His first company, a Web software firm, was acquired by Compaq. Currently, Musk is the CEO of Space Exploration Technologies (SpaceX) and Tesla Motors, and also the chairman and the largest shareholder of SolarCity, an energy technology company. SpaceX, which builds rockets for companies and countries to put satellites in space, was the first private company to deliver cargo to the International Space Station. It’s reigniting interest in space exploration. Tesla Motors is the world’s most prominent maker of electric cars and is proving that electric cars can be green, sexy, and profitable. SolarCity is now the leading provider of domestic solar panels in the United States. Each of these ventures has transformed an industry: PayPal – Internet payments; Tesla – automobiles; SpaceX – aeronautics; and SolarCity – energy. (Modified from source: Kristoffer Tripplaar/Sipa USA (Sipa via AP Images)
Based on the above case, name the type of problems Musk deal with when developing these new ventures.
In: Operations Management
On January 1, 2020, French Company acquired 60 percent of K-Tech Company for $310,500 when K-Tech’s book value was $410,500. The fair value of the newly comprised 40 percent noncontrolling interest was assessed at $207,000. At the acquisition date, K-Tech's trademark (10-year remaining life) was undervalued in its financial records by $80,000. Also, patented technology (5-year remaining life) was undervalued by $27,000.
In 2020, K-Tech reports $22,500 net income and declares no dividends. At the end of 2021, the two companies report the following figures (stockholders’ equity accounts have been omitted):
| French Company Carrying Amounts |
K-Tech Company Carrying Amounts |
K-Tech Company Fair Values |
|||||||||
| Current assets | $ | 625,000 | $ | 305,000 | $ | 325,000 | |||||
| Trademarks | 265,000 | 205,000 | 285,000 | ||||||||
| Patented technology | 415,000 | 155,000 | 182,000 | ||||||||
| Liabilities | (395,000 | ) | (125,000 | ) | (125,000 | ) | |||||
| Revenues | (905,000 | ) | (405,000 | ) | |||||||
| Expenses | 495,000 | 305,000 | |||||||||
| Investment income | Not given | ||||||||||
Note: Parentheses indicate a credit balance.
In 2021, assuming K-Tech has declared no dividends, what are the noncontrolling interest’s share of the subsidiary’s income and the ending balance of the noncontrolling interest in the subsidiary?
a) $34,640 and $245,280.
b) $31,960 and $250,640.
c) $26,600 and $234,480.
d) $40,000 and $216,000.
In: Accounting
On January 1, 2020, French Company acquired 60 percent of K-Tech Company for $313,500 when K-Tech’s book value was $413,500. The fair value of the newly comprised 40 percent noncontrolling interest was assessed at $209,000. At the acquisition date, K-Tech's trademark (20-year remaining life) was undervalued in its financial records by $80,000. Also, patented technology (10-year remaining life) was undervalued by $29,000.
In 2020, K-Tech reports $25,500 net income and declares no dividends. At the end of 2021, the two companies report the following figures (stockholders’ equity accounts have been omitted):
|
French Company Carrying Amounts |
K-Tech Company Carrying Amounts |
K-Tech Company Fair Values |
|||||||||
| Current assets | $ | 629,000 | $ | 309,000 | $ | 329,000 | |||||
| Trademarks | 269,000 | 209,000 | 289,000 | ||||||||
| Patented technology | 419,000 | 159,000 | 188,000 | ||||||||
| Liabilities | (399,000 | ) | (129,000 | ) | (129,000 | ) | |||||
| Revenues | (909,000 | ) | (409,000 | ) | |||||||
| Expenses | 491,000 | 309,000 | |||||||||
| Investment income | Not given | ||||||||||
What is the 2021 consolidated net income before allocation to the controlling and noncontrolling interests?
In 2021, assuming K-Tech has declared no dividends, what are the noncontrolling interest’s share of the subsidiary’s income and the ending balance of the noncontrolling interest in the subsidiary?
In: Accounting
You are the CEO of Marketing Research Ltd, a company that conducts marketing research for all types of organisations. Following is a marketing research scenario that you are required to address. Your task is to create a report on the problem and the proposed solution to Martin Scoon.
Martin Scoon, the owner of Scoon Beverages, was mulling the launch of a new product for which he needed to find the pulse of consumers to decide further. He designed a survey for collecting data from people in the city and engaged the services of research students from the university for executing the fieldwork. However, he found them to be non-cooperative at times and wondered whether the data supplied was fudged.
Question
A.Outlines a brief description of the business, its date of establishment, product, market, location and any other relevant information. Also, the marketing research capacity and systems that are currently in place, and any other relevant information. (You may need to add details but you cannot change the information already provided.)
B. Analyse the central problems/issues relevant to the case study
In: Operations Management
On 1 January 2019, Umi Bhd, a company incorporated in Malaysia, acquired 80% interest in Adeq Ltd, a company incorporated in Singapore whose functional and presentation currencies are Singapore Dollar (S$). At this date, Adeq Ltd’s net assets were represented by share capital of S$3,000,000; revaluation reserve of S$1,000,000, and retained profit of S$1,000,000. The functional and presentation currencies of Umi Bhd are Ringgit Malaysia (RM).
Required:
a) Advise the directors of UMI Bhd of how they should consolidate and translate the foreign subsidiary’s statement of comprehensive income for the year ended 31 December 2019 and the statement of financial position as at 31 December 2019 into the presentation currency of parent company.
b) Explain whether or not UMI Bhd (reporting entity) should be allowed to present its financial statements in a currency which is different from its functional currency.
c) Assume that on 1 April 2019, UMI Bhd has spent $10million on
acquiring a US trading subsidiary, Zoro Ltd and at the year-end the
net assets of the US trading subsidiary are also $10m. On
consolidation by UMI Bhd, the $10million net assets of the US
subsidiary are translated into RM and any foreign exchange
differences are taken to reserves. This means that the group’s
consolidated shareholders’ funds will fluctuate up and down as
exchange rates move. Advise the directors of UMI Bhd on how to
reduce the risk of translation differences. Give an example if
necessary.
In: Accounting
Is my writing for this email correct?
I mean academy and grammar. (you can edit and add any sentence)
Dear sir/madam,
UK Visas and Immigration
I hope you are doing well.
I am working hard to provide evidence from The University of Sydney confirming my new admission dates commencing within 3 months according to your e-mail request on October 2, 2020. Noting that my Visa Application( GWF0565848 ) was to get an alternate visa with new entry dates because I could not to enter UK during the period shown by previous visa (from 21/03/2020 to 20/04/2020) due to lockdown caused by the Coronavirus (Covid-19).
I will send you a copy of the evidence once I receive it.
Thanks, and Best regards
Rakan
In: Economics
(5) (15 pts) FIS and FST (a) A SNP on human chromosome 2 (rs4988235) has the following allele frequencies in 4 human populations:
0.590 in Finland
0.080 in Italy
0.000 in Yoruba
0.000 in Japan Given these data, compute FST for this SNP. (b) Another SNP on human chromosome 6 (rs4707151) has the following allele frequencies in 4 human populations:
0.323 in Finland
0.384 in Italy
0.229 in Yoruba
0.087 in Japan Given these data, compute FST for this SNP. (c) Based on the values of FST computed above, which SNP do you think is under natural selection in Northern Europe? Why?
In: Biology