Questions
Ethical dilemmas have always surrounded businesses. For example, Jeffrey is a Senior Auditor working for a...

Ethical dilemmas have always surrounded businesses. For example, Jeffrey is a Senior Auditor working for a large commercial bank. He just realized Bob, the company’s vice president of marketing, has been using his expense account to purchase salacious materials online using his office computer; in addition, there are hotel bills charged to the account that cannot be explained by travel receipts. Jeffrey suspects the VP is having an affair with someone in the company. Jeffery is a CPA and the company where he works is publically traded. The CPA code-of-ethics and company policy requires Jeffrey to report the violation. Nevertheless, Bob is Jeffrey’s first cousin! Reporting the violation could destroy relations between Jeffrey’s mother and his aunt, Bob’s mother. What can Jeffrey do as a senior auditor to set the ethical standards in the company that he is working in? Which of the ethical theories best explains Jeffrey’s moral dilemma? How can one of the six theories you learned about in this chapter help Jeffrey to justify whistle blowing or help him to rationalize not whistle blowing?

In: Operations Management

Ahmad, Bong and Cathy are the directors of Alpha Sdn Bhd (“Alpha”), a private limited company...

Ahmad, Bong and Cathy are the directors of Alpha Sdn Bhd (“Alpha”), a private limited company situated in Bandar Sunway. The company is involved in the leisure and hospitality business covering theme parks, gaming, hotels, seaside resorts and entertainment for over 50 years. Each of the directors holds 15% of the company’s share capital. Answer the following separate and independent questions:

a. Beta Bhd (“Beta”) is a public limited company. The company wishes to enter into a contract with “Alpha” for the supply of iron and steel to be used for Alpha’s theme parks. The Board of Directors of “Alpha” had a meeting last month to decide on the matter. They decided that the company will proceed with the contract with “Beta”. However, recently, after entering and completing the contract, they discovered that the Managing Director of “Beta” is Bakar, who is a good friend of Bong.

b. Recently, “Alpha” contracted to buy a piece of land from Ahmad which was to be converted to a water theme park. The market value of the land is RM 600,000. “Alpha” bought the property at RM 550,000.
Advise the Board of Directors of “Alpha” on the legal issues arising in the above questions.

In: Accounting

Internal Rate of Return Method for a Service Company The Riverton Company, announced a $608,580 million...

Internal Rate of Return Method for a Service Company

The Riverton Company, announced a $608,580 million expansion of lodging properties, ski lifts, and terrain in Park City, Utah. Assume that this investment is estimated to produce $98,000 million in equal annual cash flows for each of the first eight years of the project life.

Present Value of an Annuity of $1 at Compound Interest
Year 6% 10% 12% 15% 20%
1 0.943 0.909 0.893 0.870 0.833
2 1.833 1.736 1.690 1.626 1.528
3 2.673 2.487 2.402 2.283 2.106
4 3.465 3.170 3.037 2.855 2.589
5 4.212 3.791 3.605 3.353 2.991
6 4.917 4.355 4.111 3.785 3.326
7 5.582 4.868 4.564 4.160 3.605
8 6.210 5.335 4.968 4.487 3.837
9 6.802 5.759 5.328 4.772 4.031
10 7.360 6.145 5.650 5.019 4.192

a. Determine the expected internal rate of return of this project for eight years, using the present value of an annuity of $1 table above.
%

In: Accounting

Nakheel is one of the world’s leading property developers, based in Dubai, United Arab Emirates. Nakheel...

Nakheel is one of the world’s leading property developers, based in Dubai, United Arab Emirates. Nakheel has a portfolio of projects in Dubai across the residential, retail, hospitality and leisure sectors. Master developments include Palm Jumeirah, The World trade Center, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba. In the first quarter of 2017, Nakheel announced its highest annual net profits in the company’s history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the AED781 million posted for the same period in 2015. All these happened even when real estate market is on lower side.

Explain how mangers take decision under turbulent conditions (risk and uncertainty) which lead to better utilization of resources

In: Finance

Question #1: For each of the following transactions, prepare the necessary journal entry.؟ a. The city...

Question #1: For each of the following transactions, prepare the necessary journal entry.؟

a. The city collects $1 million of taxes for an independent fire district located within the city. Journal entry:

b. The city spends $1.2 million on street maintenance using the proceeds of a city gas tax dedicated for road and highway maintenance and improvements. Journal entry:

c. The city receives a bequest of $1.5 million. The donor’s will, requires that the principal amount be invested in perpetuity and that the earnings on the investment be used to maintain a city park to be renamed for the donor. Journal entry:

d. The city collects water and sewer fees of $4.2 million. Journal entry:

e. The city pays $4 million to a contractor for work on a new bridge. Journal entry:

f. The city receives $1.3 million to invest on behalf of the county. Journal entry:

g. The city pays its police officers wages of $325,000. Journal entry:

h. The city pays $2.2 million in bond interest on its general obligation debt. Journal entry:

I desperately need to solve the accounting entries separately
 

In: Accounting

During the year 2019, Sampson Company had net credit sales of $1,950,000. Past experience shows that...

During the year 2019, Sampson Company had net credit sales of $1,950,000. Past experience shows that 1.5 percent of the firm’s net credit sales result in uncollectible accounts.

Equipment purchased by Park Consultancy for $38,220 on January 2, 2019, has an estimated useful life of 10 years and an estimated salvage value of $2,700. What adjustment for depreciation should be recorded on the firm’s worksheet for the year ended December 31, 2019?

On December 31, 2019, Giant Plumbing Supply owed wages of $11,400 to its factory employees, who are paid weekly.

On December 31, 2019, Giant Plumbing Supply owed the employer’s social security (6.2 percent) and Medicare (1.45 percent) taxes on the entire $11,400 of accrued wages for its factory employees.

On December 31, 2019, Giant Plumbing Supply owed federal (0.6 percent) and state (5.4 percent) unemployment taxes on the entire $11,400 of accrued wages for its factory employees.


For each of the above independent situations, prepare the adjusting entries that must be made on the December 31, 2019, worksheet.

In: Accounting

Your friend Anna’s husband Jose has not been feeling well for the past 10 days. He...

Your friend Anna’s husband Jose has not been feeling well for the past 10 days. He has congestion in his lungs and has been very tired. She talked him into going to the doctor a week ago when his fever was 101.3. The doctor gave him some oral antibiotics, which he took faithfully until it was gone. But she still thinks he still looks sick.
Anna, Jose and there 3-year-old daughter have just moved to Ohio from Arizona. Jose is a park ranger and loves his job, even when it is checking on the local bat populations in nearby caves (bats creep him out). However, for the past three days he has felt too sick to work. His respiratory symptoms have not improved. Anna makes an appointment for him with her doctor.

1) As the physician’s assistant in the office, you are the first to examine Jose. What is your tentative diagnosis based on the history?

2) Which components of the history support your diagnosis?


In: Biology

At takeoff a commercial jet has a 70.0 m/s speed. Its tires have a diameter of...

At takeoff a commercial jet has a 70.0 m/s speed. Its tires have a diameter of 0.400 m.

(a) At how many rpm are the tires rotating?
  rpm
(b) What is the centripetal acceleration at the edge of the tire?
  m/s2
(c) With what force must a determined 10-15 kg bacterium cling to the rim?
N
(d) Take the ratio of this force to the bacterium's weight.
(force from part (c) / bacterium's weight)

(a) A 23.0 kg child is riding a playground merry-go-round that is rotating at 45.0 rpm. What centripetal force must she exert to stay on if she is 2.50 m from its center?
  N
(b) What centripetal force does she need to stay on an amusement park merry-go-round that rotates at 3.00 rpm if she is 5.00 m from its center?
  N
(c) Compare each force with her weight.
  (force from part (a) / weight)
  (force from part (b) / weight)

All of these answers wrong someone please help me.

In: Physics

1. explain the difference between heat of neutralization and enthalpy of neutralization. 2. You mix 50.0...

1. explain the difference between heat of neutralization and enthalpy of neutralization.

2. You mix 50.0 mL of a weak monoprotic acid with 50.0 mL of NaOH solution in a coffee cup calorimeter. Both solutions (and the calorimeter) were initially at 22.0OC. The final temperature of the neutralization reaction was determined to be 22.5OC.

a)What is the total amount of heat evolved in this reaction? Show all work. (3 points)

b) If 0.135 moles of the monoprotic acid were neutralized in this reaction, what is the molar heat of neutralization (enthalpy) for this reaction? (3 points)

3. Imagine you are at a local water park on a hot summer day and your feet begin to get hot from the cement.Looking ahead, you notice that there are two paths you can take to your favorite waterslide. One path is comprised of sand while the other path consists of water.You opt for the water path because you know it will be cooler on your feet.Assuming that both paths were exposed to the same heatsource (the sun) and that both paths have the same mass, explain why water does not get as hot as sand.

In: Chemistry

1. Calculate the unit cost and the cost of ending inventory under absorption costing. (Round unit cost to the nearest cent and cost of ending inventory to the nearest dollar.)


1. Calculate the unit cost and the cost of ending inventory under absorption costing. (Round unit cost to the nearest cent and cost of ending inventory to the nearest dollar.)

Under the absorption costing method, the unit cost is $4.23

The cost of ending inventory is $5288

2. Calculate the unit cost and the cost of ending inventory under variable costing. (Round unit cost to the nearest cent and cost of ending inventory to the nearest dollar.)

Under the variable costing method, the unit cost is $2.47

The cost of ending inventory is $3088

3. What is the contribution margin per unit? (Round to the nearest cent.)

The contribution margin per unit is $3.92

Zeitgeist believes that multicolored sleeves will really take off after one year of sales. Management thinks sales this August will be twice as high as sales last August. (Be sure to complete 4(b) below the income statement.)

4(a) Prepare an income statement for August of this year using the assumed higher level of sales. Refer to the list of Labels and Amount Descriptions for the exact wording of text items within your income statement.

Zeitgeist Company

Income Statement

For August of This Year



1

Sales


205,025.00
2Less variable expenses


3

Variable cost of goods sold??????


4

Commissions16,402.00

??????

5

Contribution margin

??????

6

Less fixed expenses


7

Fixed overhead28160.00


8

Fixed administrative37890.0066,050.00

Operating income

49708

4(b) Which costing method should be used—absorption costing or variable costing?

Zeitgeist should choose the  variablecosting method.

In: Accounting