Questions
In the Australian Standard ISO 31000:2018 what are the 8 principles of Risk Management? please outline...

In the Australian Standard ISO 31000:2018 what are the 8 principles of Risk Management? please outline the 2018 version.

In: Finance

The following are the values of goods and services produced in 2018 and 2019 utilizing the...

The following are the values of goods and services produced in 2018 and 2019 utilizing the prices prevailing in those two years. Compute the Chain-weighted Real GDP for 2019. (Show your work).

Prices Utilized

Values of Goods and Services of the years ($million)

2018

2019

2018

112.4

138.2

2019

118.3

146.5

In: Economics

c) Draw an aggregate demand and supply graph to illustrate your answer. Be sure that your...

c) Draw an aggregate demand and supply graph to illustrate your answer. Be sure that your graph contains the LAS curves for 2018 and 2019; SAS curves for 2018 and 2019; an AD curve for 2018 and 2019, with and without monetary policy action; and equilibrium real GDP and the price level in 2019, with and without policy.

In: Economics

In 2018, Madison is a single taxpayer who is 25 years of age. During 2018, she...

In 2018, Madison is a single taxpayer who is 25 years of age. During 2018, she contributed $3,000 to her employer sponsored 401(k) account. Her 2018 AGI was $67,500 (before considering IRA deductions). What is the maximum deductible contribution, if any, that Madison can make her to IRA?

In: Accounting

Andrea purchased raw materials for her factory and received an invoice for $16,000 dated May 17,...

Andrea purchased raw materials for her factory and received an invoice for $16,000 dated May 17, 2018, with terms 3/10, 2.3/15, n/30. She made a partial payment of $10,000 on June 1, 2018, and the balance on June 16, 2018. What was the total Andrea paid for the invoice?

In: Accounting

Kessel Company purchased a building and land with a fair market value of $550,000 (building, $350,000...

Kessel Company purchased a building and land with a fair market value of $550,000 (building, $350,000 and​ land, $200,000​) on January​ 1, 2018. Kessel signed a 20​-year, 6​% mortgage payable. Kessel will make monthly payments of $3,940.37. Round to two decimal places. Explanations are not required for journal entries.

Requirements

  1. Journalize the mortgage payable issuance on January​ 1, 2018.
  2. Prepare an amortization schedule for the first two payments
  3. Journalize the first payment on January​ 31, 2018.
  4. Journalize the second payment on February​ 28, 2018.

In: Accounting

Angela, Inc., holds a 90 percent interest in Corby Company. During 2017, Corby sold inventory costing...

Angela, Inc., holds a 90 percent interest in Corby Company. During 2017, Corby sold inventory costing $114,750 to Angela for $153,000. Of this inventory, $44,000 worth was not sold to outsiders until 2018. During 2018, Corby sold inventory costing $127,400 to Angela for $196,000. A total of $60,600 of this inventory was not sold to outsiders until 2019. In 2018, Angela reported separate net income of $170,000 while Corby's net income was $96,500 after excess amortizations. What is the noncontrolling interest in the 2018 income of the subsidiary?

In: Accounting

leo purchased 600 shares of stock on December 20, 2017 for $5,200. Leo died on January...

leo purchased 600 shares of stock on December 20, 2017 for $5,200. Leo died on January 8, 2018 and less son, sal inherited the 600 shares. the fair market value of the shares on January 8, 2018. was $6,000. the fair market value of the shares on July , 2018 was $5,000. Leos estate properly made an alternative valuation date election. Sal sold the 600 shares on September 22, 2018 for 5,800. what is the amount and character (short term or long term) of sals gain?

In: Accounting

At December 31, 2018, the financial statements of Hollingsworth Industries included the following: Net income for...

At December 31, 2018, the financial statements of Hollingsworth Industries included the following:

Net income for 2018 $ 510 million
Bonds payable, 10%, convertible into 39 million shares of common stock $ 400 million
Common stock:
Shares outstanding on January 1 500 million
Treasury shares purchased for cash on September 1 36 million


Additional data:
The bonds payable were issued at par in 2016. The tax rate for 2018 was 40%.

Required:
Compute basic and diluted EPS for the year ended December 31, 2018.

In: Accounting

Agee Corporation acquired a 35% interest in Trent Company on January 1, 2018, for $500,000. At...

Agee Corporation acquired a 35% interest in Trent Company on January 1, 2018, for $500,000. At that time, Trent had 1,000,000 shares of its $1 par common stock issued and outstanding. During 2018, Trent paid cash dividends of $168,000 and thereafter declared and issued a 5% common stock dividend when the fair value was $2 per share. Trent's net income for 2018 was $360,000. What is the balance in Agee's equity investment account at the end of 2018? Balance in equity investment account

In: Accounting