Questions
Hello, i need a 1.5 Pages report about southwest airlines, the paper should discuss 6 ratios...

Hello,
i need a 1.5 Pages report about southwest airlines, the paper should discuss 6 ratios of the company, explaining what these numbers are telling us, we are not required to do calculation or show how we solved them, just mention 6 ratios and explain them, and how investors are affected and what information it gave us to improve our business.

**the ratios could be found in any general website.

In: Finance

A recent news article stated that only 17% of college students between the ages of 18 to 24 years old voted in the last presidential election.

A recent news article stated that only 17% of college students between the ages of 18 to 24 years old voted in the last presidential election.

5. Assuming the voting rate stays the same, what is the probability that from a random sample of 500 college students from a local university, at least 20% will vote in the next presidential election?

In: Statistics and Probability

1- Is there such a thing as an ethical reason for unauthorized access to a computer...


1- Is there such a thing as an ethical reason for unauthorized access to a computer system?


2- One way to secure a network from attack is by blocking all incoming traffic. But is such a measure practical? Imagine running a network in different types of organizations (a bank, a university, and others). Would this be the ideal way to protect the organization's network from attack? Why or why not?

In: Computer Science

On 1 January 2014, KimBell Bhd acquired a bulk plant and equipment from Sun Bhd. The...

On 1 January 2014, KimBell Bhd acquired a bulk plant and equipment from Sun Bhd. The economic life was estimated to be 20 years at a cost of RM4.8 million. In addition, at the date, KimBell Bhd also incurred import duties and freight charges amounting to RM300,000 as well as an installation cost of the plant and equipment of RM220,000. KimBell closes its account every 31 December. The plant and equipment was depreciated on a straight line basis. The following subsequent expenditures were incurred during the year ended 31 December 2019 by KimBell Bhd regarding the plant and equipment:  Service cost of RM53,800 per annum to maintain the plant.  On 1 January 2019, KimBell replaced one of the parts that were severely damaged. Although there was no change in production volume, the change has resulted in significant reduced of cost. The carrying amount of the old component as at that date was RM36,000. New part cost RM55,000.  On 31 December 2019, an old component which has carrying amount of RM136,000 was replaced with the new component. The purchase of the new component worth RM 255,000. Required: Advice KimBell on appropriate accounting treatment for each of the subsequent expenditure stated above. You are also required to indicate the depreciation charged during the year ended 31 December 2019.

In: Accounting

The Jon and Terry Partnership acquired $600,000 in qualifying Sec. 1244 stock from Bee Corporation as...

The Jon and Terry Partnership acquired $600,000 in qualifying Sec. 1244 stock from Bee Corporation as an investment in Year 1. The partnership sold the Bee Corporation stock in Year 3 for $450,000. Jon and Terry have shared profits and losses in a 2:1 ratio, respectively, since its inception. What is the amount and the character of the loss recognized by Jon, who is single, in Year 3?

  • Ordinary Loss
    Capital Loss
  • A.

    $50,000

    $50,000

  • B.

    $0

    $50,000

  • C.

    $100,000

    $0

  • D.

    $0

    $100,000

In: Accounting

Acquired $70,000 cash from the issue of common stock. Purchased $61,000 of inventory on account. Received...

Acquired $70,000 cash from the issue of common stock. Purchased $61,000 of inventory on account. Received goods purchased in Event 2 FOB shipping point; freight cost of $1,870 paid in cash. Sold inventory on account that cost $51,000 for $97,000. Freight cost on the goods sold in Event 4 was $1,020. The goods were shipped FOB destination. Cash was paid for the freight cost. Customer in Event 4 returned $4,540 worth of goods that had a cost of $2,320. Collected $79,540 cash from accounts receivable. Paid $56,200 cash on accounts payable. Paid $3,020 for advertising expense. Paid $4,050 cash for insurance expense. Required a. Which of these events affect period (selling and administrative) costs? Which result in product costs? If neither, label the transaction NA. b. Record each event in a horizontal statements model. The first event is recorded as an example. (In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, NC for net change in cash, and NA to indicate the element is not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign.)

In: Accounting

TP acquired a tract of land by way of gift from his parents. His parents purchased...

TP acquired a tract of land by way of gift from his parents. His parents purchased the land in 1980 for $100,000, and gifted it to him in 2010 when it had a fair market value of $500,000. In 2012, TP built a 5 unit apartment building on the land at a cost of $500,000. Accumulated depreciation to date totals $40,000. TP has an agreement to sell the real estate for an adjusted sales price of $1,500,000. He intends to acquire like-kind replacement property in a section 1031 exchange. The purchase price of this target property will be $2,000,000. Assuming all the statutory requirements of section 1031 are met, please compute realized and recognized gain (if any) on the sale of the relinquished property, and the basis of the newly acquired target property, assuming that he goes forward with the purchase of this target property in a section 1031 like kind exchange.

In: Accounting

Han and Leia acquired a $1,475,000 lakefront home from Boba Fett Realty in 2010. They exchanged...


Han and Leia acquired a $1,475,000 lakefront home from Boba Fett Realty in 2010. They exchanged their principal residence, townhouse in Coruscant, for the Lake Tatooine property. They paid $700,000 in cash for the townhouse in 2007 and it was recently appraised for $1,400,000.
The gorgeous 30-acre lakefront property on Lake Tatooine has incredible views and vistas of the Dune Sea and the Greedo Mountains. In 2018 the Village of Mos Eisley valued the property at $2,150,000 and assessed real property taxes on the both the home and the outparcels of property. Jobba the Assessor determined that the home represented 30% of the value and the out-parcels represented the remaining 70% of the value for the property.
The Solos hired Storm and Trooper Construction Company (S&TCC) to repair and remodel the existing home. Force Architectural and Engineering was retained to perform feasibility and design for the renovation. However their investigation revealed a vermin infested and termite eaten home on the property that had been built a long, long time ago. Force’s lead architect Yoda warned the Solos that the home was too old to be rehabbed and the cost prohibitive. It seems that the old lakefront home never really fit the Solos’ entertaining and galaxy trotting lifestyle. So they decided to demolish the home and built their dream stone and log cabin. In addition, they wanted a hanger and landing strip for the Millennium Falcon.
S&TCC estimated that it would cost $25,000 to $50,000 to demolish the home. All the necessary permits to demolish the home were obtained from the Village of Mos Eisley but Han balked at the cost of demolition. Han and Leia donated the home to the Mos Eisley Rebellion Fire Departments (MORFED) for a training exercise. On October 1, as part of fire prevention month, MORFED burned down the structure and then put out the fire. MORFED charged Han and Leia $2,000 to haul away the burned out remains of the old home.
A construction contract to built the home, a hanger with offices and a landing strip was signed with S&TCC on January 15, 2018. The cost of building the home is $1,250,000. They paid 20% of the cost in cash and borrowed the balance from the Next Empire and Republic Bank (NERB) with a construction bridge loan at 6.25% per annum secured by the property. Construction on the home was completed on August 20, 2018 and the Solos executed a 30-year home mortgage loan secured by the principal residence at 4.35% per annum with NERB on September 22, 2018.

Han and Leia have come to you for tax help for their 2018 tax year. What issues does their set of facts present to you as their tax advisor? What advice do you have for them? Please make any assumptions that you need in order to address and respond to the issues presented by the fact pattern. Clearly state the assumptions that you make. It is advisable to utilize a memorandum style in which you address the facts, issues, analysis and conclusions. Support your answers with cites to code, regulations, cases, rulings, IRS publications or other research data. Unsupported conclusions without proper analysis will not win you points with the firm’s senior partner (me). Good luck.

In: Accounting

On December 31, 2017, Laner Inc, acquired a machine from Rocky Corporation by insuing a $600,000,...

On December 31, 2017, Laner Inc, acquired a machine from Rocky Corporation by insuing a $600,000, non-interest-bearing note that is payable in full on December 31, 2021. The company's credit rating permits it to borrow funds from its severni lines of credit at 10% The machine is expected to have a five year life and a $70,000 residual value la) Calculate the value of the note and prepare the journal entry for the purchase on

December 31, 2017. 2 Marks () Prepare any necessary adjusting entries related to depreciation of the asset (use straight line) and amortization of the note fuse the effective interest method on December 31, 2018.

In: Accounting

On December 31, 2017, Laser Inc. acquired a machine from Rocky Corporation by issuing a $600,000,...

On December 31, 2017, Laser Inc. acquired a machine from Rocky Corporation by issuing a $600,000, non–interest-bearing note that is payable in full on December 31, 2021. The company’s credit rating permits it to borrow funds from its several lines of credit at 10%. The machine is expected to have a five-year life and a $70,000 residual value.
(a) Calculate the value of the note and prepare the journal entry for the purchase on December 31, 2017. [2 Marks]
(b) Prepare any necessary adjusting entries related to depreciation of the asset (use straight-line) and amortization of the note (use the effective interest method) on December 31, 2018.

In: Accounting