Select any one company listed on the Australian S&P/ASX200 Index and discuss that company’s 2020 mission statement/vision. There is a word limit of 200 words for this question.
In: Finance
Select any one company listed on the Australian S&P/ASX200 Index and discuss that company’s 2020 mission statement/vision. There is a word limit of 200 words for this question.
In: Finance
Select any one company listed on the Australian S&P/ASX200 Index and discuss that company’s 2020 mission statement/vision. There is a word limit of 200 words for this question.
In: Finance
According to a Gallup poll in October 2015, having young
children at home greatly influences whether women in the U.S.
prefer to stay at home or work outside of it. More than half of
women, 58%, who have a child younger than 18 would ideally like to
stay home and care for their house and family, while 58% of those
without young children would rather work outside the home. Having
young children makes little difference in men's preferences, with
close to three-quarters preferring to work regardless of their
parenting status. Gallup states that their method has a margin of
error of 0.031.
(a) Give a point estimate for the proportion of all US women with a
child under 18 that would like to stay at home.
(b) Give an interval estimate for the proportion of all US women
with a child under 18 that would like to stay at home. Use three
decimal places in your answer.
(c) What is the difference between a point estimate and an interval
estimate?
A)A point estimate only tells us the parameter value; an interval estimate also gives us a measure of how far away that guess is likely to be from the parameter.
B) A point estimate only tells us the parameter value; an interval estimate also gives us a plausible range of values for the parameter.
C) A point estimate only tells us the best guess for the parameter; an interval estimate is more likely to be close to the parameter than a single point.
D) A point estimate only tells us the parameter value; an interval estimate also gives us a plausible range of values for the statistic.
E) A point estimate only tells us the best guess for the parameter; an interval estimate also gives us a measure of how far away that guess is likely to be from the parameter.
In: Statistics and Probability
Sarasota Company has the following investments as of December
31, 2020:
| Investments in common stock of Laser Company | $1,630,000 | |
| Investment in debt securities of FourSquare Company | $3,240,000 |
In both investments, the carrying value and the fair value of these
two investments are the same at December 31, 2020. Sarasota’s stock
investments does not result in significant influence on the
operations of Laser Company. Sarasota’s debt investment is
considered held-to-maturity. At December 31, 2021, the shares in
Laser Company are valued at $1,200,000; the debt investment
securities of FourSquare are valued at $2,480,000 and are
considered impaired.
a. Prepare the journal entry to record the impairment of the debt securities at December 31, 2021
b. Assuming the fair value of the Laser shares is $1,470,000 and the value of its debt investment is $2,970,000, what entries, if any, should be recorded in 2022 related to impairment?
c. Assume that the debt investment in FourSquare Company was available-for-sale and the expected credit loss was $860,000. Prepare the journal entry to record this impairment on December 31, 2021.
In: Accounting
Stock Project Select a public company listed on the NASDAQ or NYSE. The company must have been listed for at least two years. You may use the same company as you did in the other project. Each submission is worth 25 points and are due based on the dates in each section.
Stock Assignment 1
Prepare a written response to the following items. All responses should be included in a Word document (that is, typed). Submit your responses in Blackboard by uploading ONE Word document, named to this assignment by the deadline. The responses should be free of grammar, spelling and punctuation errors. For your company, provide the following:
1. The company name and the primary ticker symbol.
2. A brief description of the type of products and/or services provided by the company.
3. The market on which the company’s stock is listed.
4. The names of the CEO and CFO.
5. The year in which the company went public.
6. Where the company is headquartered.
In: Accounting
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
| Date | Activities | Units Acquired at Cost | Units Sold at Retail | |||||||||
| Mar. | 1 | Beginning inventory | 120 | units | @ $51.40 per unit | |||||||
| Mar. | 5 | Purchase | 235 | units | @ $56.40 per unit | |||||||
| Mar. | 9 | Sales | 280 | units | @ $86.40 per unit | |||||||
| Mar. | 18 | Purchase | 95 | units | @ $61.40 per unit | |||||||
| Mar. | 25 | Purchase | 170 | units | @ $63.40 per unit | |||||||
| Mar. | 29 | Sales | 150 | units | @ $96.40 per unit | |||||||
| Totals | 620 | units | 430 | units | ||||||||
4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 75 units from beginning inventory and 205 units from the March 5 purchase; the March 29 sale consisted of 55 units from the March 18 purchase and 95 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)
In: Accounting
Warnerwoods Company uses a perpetual inventory system. It
entered into the following purchases and sales transactions for
March.
| Date | Activities | Units Acquired at Cost | Units Sold at Retail | |||||||||
| Mar. | 1 | Beginning inventory | 120 | units | @ $51.40 per unit | |||||||
| Mar. | 5 | Purchase | 235 | units | @ $56.40 per unit | |||||||
| Mar. | 9 | Sales | 280 | units | @ $86.40 per unit | |||||||
| Mar. | 18 | Purchase | 95 | units | @ $61.40 per unit | |||||||
| Mar. | 25 | Purchase | 170 | units | @ $63.40 per unit | |||||||
| Mar. | 29 | Sales | 150 | units | @ $96.40 per unit | |||||||
| Totals | 620 | units | 430 | units | ||||||||
4. Compute gross profit earned by the company
for each of the four costing methods. For specific identification,
the March 9 sale consisted of 75 units from beginning inventory and
205 units from the March 5 purchase; the March 29 sale consisted of
55 units from the March 18 purchase and 95 units from the March 25
purchase. (Round weighted average cost per unit to two
decimals and final answers to nearest whole
dollar.)
In: Accounting
Warnerwoods Company uses a perpetual inventory system. It
entered into the following purchases and sales transactions for
March.
| Date | Activities | Units Acquired at Cost | Units Sold at Retail | |||||||||
| Mar. | 1 | Beginning inventory | 160 | units | @ $52.20 per unit | |||||||
| Mar. | 5 | Purchase | 255 | units | @ $57.20 per unit | |||||||
| Mar. | 9 | Sales | 320 | units | @ $87.20 per unit | |||||||
| Mar. | 18 | Purchase | 115 | units | @ $62.20 per unit | |||||||
| Mar. | 25 | Purchase | 210 | units | @ $64.20 per unit | |||||||
| Mar. | 29 | Sales | 190 | units | @ $97.20 per unit | |||||||
| Totals | 740 | units | 510 | units | ||||||||
4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 95 units from beginning inventory and 225 units from the March 5 purchase; the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)
In: Accounting
Required information
[The following information applies to the questions
displayed below.]
Warnerwoods Company uses a perpetual inventory system. It entered
into the following purchases and sales transactions for
March.
| Date | Activities | Units Acquired at Cost | Units Sold at Retail | |||||||||
| Mar. | 1 | Beginning inventory | 100 | units | @ $50.00 per unit | |||||||
| Mar. | 5 | Purchase | 400 | units | @ $55.00 per unit | |||||||
| Mar. | 9 | Sales | 420 | units | @ $85.00 per unit | |||||||
| Mar. | 18 | Purchase | 120 | units | @ $60.00 per unit | |||||||
| Mar. | 25 | Purchase | 200 | units | @ $62.00 per unit | |||||||
| Mar. | 29 | Sales | 160 | units | @ $95.00 per unit | |||||||
| Totals | 820 | units | 580 | units | ||||||||
4. Compute gross profit earned by the company
for each of the four costing methods. For specific identification,
the March 9 sale consisted of 80 units from beginning inventory and
340 units from the March 5 purchase; the March 29 sale consisted of
40 units from the March 18 purchase and 120 units from the March 25
purchase. (Round weighted average cost per unit to two
decimals.)
In: Accounting