The following items were selected from among the transactions completed by Pioneer Co. during the current year: Mar. 1 Purchased merchandise on account from Galston Co., $366,000, terms n/30. 31 Issued a 30-day, 6% note for $366,000 to Galston Co., on account. Apr. 30 Paid Galston Co. the amount owed on the note of March 31. Jun. 1 Borrowed $198,000 from Pilati Bank, issuing a 45-day, 8% note. Jul. 1 Purchased tools by issuing a $270,000, 60-day note to Zegna Co., which discounted the note at the rate of 6%. 16 Paid Pilati Bank the interest due on the note of June 1 and renewed the loan by issuing a new 30-day, 6.5% note for $198,000. (Journalize both the debit and credit to the notes payable account.) Aug. 15 Paid Pilati Bank the amount due on the note of July 16. 30 Paid Zegna Co. the amount due on the note of July 1. Dec. 1 Purchased office equipment from Taylor Co. for $400,000, paying $108,000 and issuing a series of ten 8% notes for $29,200 each, coming due at 30-day intervals. 22 Settled a product liability lawsuit with a customer for $320,000, payable in January. Pioneer accrued the loss in a litigation claims payable account. 31 Paid the amount due Taylor Co. on the first note in the series issued on December 1.

Lone Star Co. has an existing business in Thailand that it is trying to sell. It receives one offer today from Anada Co. for $25 million (after capital gains taxes are paid). Another Thai company, Bun Ma Co., also wants to buy the business, but will not have the funds to make the acquisition until 2 years from now. Bun Ma Co. is meeting with Lone Star Co. today to negotiate the acquisition price that it will pay for Lone Star’s subsidiary in two years. If Lone Star Co. retains the business for the next two years, it expects that the business would generate 150 million Thai Baht per year in cash flows (after taxes are paid) at the end of each of the next two years, which would be remitted to the U.S. The Thai Baht is presently valued at $0.03 and that rate can be used as a forecast of future spot rates. Lone Star would only retain the business if it could earn a rate of return of at least 25% by keeping the firm for the next two years rather than selling it to Anada Co. now. Determine the minimum price in dollars for which Lone Star should be willing to sell its business (after accounting for capital gains taxes paid) to Bun Ma Co. in order to satisfy its required rate of return. In other words, what is the minimum price they must be willing to sell in two years.

a.            $7,200,000

b.            $5,760,000

c.             $12,960,000

d.            $18,812,500

e.            None of the above

The following CR account balances appeared in the balance sheet of Johns Jacks Ltd as at 30 June 2007:

$ Paid-up capital (1 000 000 ordinary shares) 1 000 000
Retained profits 350 000
Asset revaluation reserve 600 000
General Reserve 50 000

The following selected transactions took place during the financial year ended 30 June 2007.
1 July: A 1:4 bonus share dividend, valued at $2.00 per share, is declared (using funds from the asset revaluation reserve account) and the shares are issued immediately.

1 October: Johns Jacks Ltd issues a prospectus offering 200 000 shares at $1.50 per share, all payable at the time of application.

30 November: Applications and money are received for 150 000 shares. It is decided to go ahead with the offer and the shares are issued immediately to the new shareholders.

31 January: The directors declare an interim dividend of 15 cents per share payable to all ordinary shareholders.

28 February: The interim dividend is paid.

30 June: A final dividend of 10 cents per share is declared (to be paid to all ordinary shareholders in September 2007).

After adjusting and closing entries, the credit balance in the profit and loss summary account is $250 000. This amount represents the final profit after taxation

Required Prepare general journal entries to record these events and any further closing entries that are required. Also, calculate the total shareholders’ equity of Johns Jacks on 30 June 2007.

Additional Information:

i   Rent expires (is used up) at a rate of $700 per month.

ii   Monthly depreciation on equipment is $300.

iii   Interest on the 6 per cent promissory note is paid quarterly on
1 April, 1 July, 1 October and 1 January.

iv   Performed services for which payment was received in April– $800.

v   Received electricity bill to be paid next month – $500.

vi   Services to customers earned during June but unrecorded at 30 June, $2500

. vii   Supplies on hand totaled $1500 at 30 June. viii Owed employees for salaries for the last week of June to be
paid in July – $800

. ix   Prime Realty prepares adjusting entries each quarter adjustments were last made on 31 march

Required
a   Prepare all adjusting journal entries for the quarter ending 30 June.
b   Post journal entries to T-accounts using totals on the unadjusted trial balance as the opening balances

c   Prepare an adjusted trial balance as of 30 June

Two greenish birds 15 cm apart at distance 350 meters from an observer. What would be a
suitable lens for his binoculars for a perfect view? Explain and discuss your result.

Discuss the Balanced Scorecard (BSC) and its key elements; support your discussion by a diagram. Elaborate on the advantages that nonfinancial performance measures have over financial performance measures. 350 words

1. Are the effects of emotional abuse any less than physical abuse?

2. How can we detect and treat emotional abuse?

Please explain with 350-500 words cited

Construct a 99% confidence interval for p1-p2 for the following.

n1=350, p^1=0.60, n2=200, p^2=0.61

Round your answers to three decimal places.

350-400 words

Discuss the various ways in which a manager can effectively handle rumors?Discuss four ways to reduce misinterpretations when communicating with people from a different culture.