Questions
1.        Angelo uses the equity method to account for its investment in Fischer on January...

1.        Angelo uses the equity method to account for its investment in Fischer on January 1. On the date of acquisition, Fischer’s land and buildings were undervalued on its balance sheet. During the year following the acquisition, how do these excesses of fair values over book values affect Angelo's Equity Income from Fischer?

a. Building, Decrease; Land, No Effect

b. Building, Decrease; Land, Decrease

c. Building, Increase;   Land, Increase

d. Building, Increase;   Land, No Effect

2.         On January 2, 2020, Campbell, Inc. purchased a 20% interest in Renner Corp. for $2,000,000 cash. During 2020, Renner's net income was $2,500,000 and it paid dividends of $750,000.

Equity Investment balance should Campbell report at December 31, 2020?

a. $2,500,000

b. $   500,000

c. $2,350,000

d. $2,150,000

3.        On December 31, 2020, Park Inc. paid $500,000 for all of the common stock of Smith Corp. On that date, Smith had assets and liabilities with book values of $400,000 and $100,000; and fair values of $450,000 and $125,000, respectively.

What amount of goodwill will be reported on the December 31, 2020 balance sheet?

a. $ 50,000

b. $100,000

c. $200,000

d. $175,000

4.         Francis, Inc. acquired 40% of Park's voting stock on January 1, 2020 for $420,000. During 2020, Park earned $120,000 and paid dividends of $60,000. During 2021, Park earned $160,000 and paid dividends of $50,000 on April 1 and $40,000 on December 1. On July 1, 2021, Francis sold half of its stock in Park for $275,000 cash.

The Equity Investment balance at December 31, 2020 is:

a. $420,000

b. $444,000

c. $408,000

d.   $492,000

5.         On January 1, 2020, Cracker Co. purchased 40% of Dallas Corp.'s common stock at book value of net assets. The balance in Cracker's Equity Investment account was $820,000 at December 31, 2020. Dallas reported net income of $500,000 for the year ended December 31, 2020, and paid dividends totaling $150,000 during 2020.

How much did Cracker pay for its 40% interest in Dallas?

a. $680,000

b. $500,000

c. $560,000

d. $760,000

In: Accounting

● The Faculty & Staff parking permit allows a car to park in YELLOW and GREEN...

● The Faculty & Staff parking permit allows a car to park in YELLOW and GREEN slots. User

can purchase multiple Faculty & Staffparking permit.

● The Student parking permit allows a car to park in GREEN slots. User can purchase multiple

student parking permit.

● The Resident parking permit allows a car to park in ORANGE and GREEN slots. User can add

a premium package to this kind of permit that allows one of user’s friend to share this permit, but

each user can only purchase one Resident parking permit.

● The Visitor parking permit allows a car to park in ORANGE, YELLOW and GREEN slots.

The permit is only valid for one day and user can only purchase one Visitor parking permit.

User can purchase more than one type of ticket at a time, as many Faculty & Staff and student as

they choose.

Your goal is to write a program that sells the permits and using the existing functions in

hw4a.cpp.

//---------------------------------------------------------------------------
//      This is the main program that you need to write
//---------------------------------------------------------------------------
int main ()
{
   // Variable Declarations
   char Choice = '\0';   // what the user enters
   int NumPermits = 0;   // how many permits they want to buy
   int TotalPermits = 0; // total number of permit sold so far
   float Price = 0.0;    // the price of one set of permit
   float TotalPrice = 0.0;    // the total price of all permits
   char ExitChoice = 'N'; //whether or not the user wants to exit


   // Print your name and ID
   cout << "Name: \n"
        <<"ID: \n\n";
                
   // Loop until the user is done
   
      // Print the main menu describing the tickets offered

           
      // Ask the user type what permit they want to purchase next
  
           
      // If the user selects Faculty&Staff parking permit calculate the price of tickets
     
           
      // If the user selects Student parking permit be sure to note the reference parameters
   

      // If the user selects Resident parking permit, ask if they want the premium package
     
           
      // If the user selected visitor parking permit, make sure they decided to order them

           
      // Add the permit price to a running total 
          
          
          //Add the number of permits to a running total  
  
  
          // Ask if they want to continue (Y or N)

          
      // When the loop is done
      // Print out the total number of permits sold, and the amount of all the permits, with a $.

   
   return 0;
}

In: Computer Science

The following information is available for Park Valley Spa for July Year 1: BANK STATEMENT STATE...

The following information is available for Park Valley Spa for July Year 1:

BANK STATEMENT
STATE BANK
BOLTA VISTA, NV 10001
Park Valley Spa
10 Main Street
Bolta Vista, NV 10001
Account number
12-4567
July 31, Year 1
Beginning balance 6/30/Year 1 $ 9,770
Total deposits and other credits 29,805
Total checks and other debits 22,513
Ending balance 7/31/Year 1 17,062
Checks and Debits Deposits and Credits
Check No. Amount Date Amount
2350 $ 3,768 July 1 $ 1,104
2351 1,641 July 10 6,495
2352 8,000 July 15 4,927
2354 1,397 July 21 6,177
2355 6,189 July 26 5,964
2357 1,502 July 30 2,085
DM 16 CM 3,053


The following is a list of checks and deposits recorded on the books of the Park Valley Spa for July Year 1:

Date Check No. Amount of
Check
Date Amount of
Deposit
July 2 2351 $ 1,641 July 8 $ 6,495
July 4 2352 8,000 July 14 4,927
July 10 2353 2,898 July 21 6,177
July 10 2354 1,397 July 26 5,964
July 15 2355 6,189 July 29 2,085
July 20 2356 72 July 30 3,548
July 22 2357 1,502


Other Information

  1. Check no. 2350 was outstanding from June.
  2. The credit memo was for collection of notes receivable.
  3. All checks were paid at the correct amount.
  4. The debit memo was for printed checks.
  5. The June 30 bank reconciliation showed a deposit in transit of $1,104.
  6. The unadjusted Cash account balance at July 31 was $14,603.


Required
a. Prepare the bank reconciliation for Park Valley Spa at the end of July.
b. Record in general journal form any necessary entries to the Cash account to adjust it to the true cash balance.
  

A. record the collection of notes recievable

event general journal debit credit
1

B. record cash paid for office supplies expenses

event general journal debit credit
2

In: Accounting

Below are the data on work place fatalities per one million workers.


Below are the data on work place fatalities per one million workers. 

image.png

Calculate the annualized rate of decline of worker fatality rates from 1875 to 2017. Also calculate the annualized rate of decline of worker fatality rates from 1875 to 1900, 1875 to 1912, 1875 to 1946, 1946 to 2017. Recall that the Men Who Built America basically covers 1875 to 1912 or 1926, compare and contrast the decline in workplace mortality during the Men Who Built America time period (1875-1912, 1875-1926) with the post World War II period, 1946 to 2017.

In: Economics

jhmjhhjjhbus 5 is a Combined Cycle Gas Turbine (CCGT) power plant beside the sea , built...

jhmjhhjjhbus 5 is

a

Combined Cycle Gas Turbine (CCGT) power plant beside the sea

, built on a

vast area next to a rural/ village setting. The fishing vil

lage houses a community of about 1300

people who live on a day-

to

-day simple livelihood. Discuss the positive and negative impac

t of

the power plant on the environment and culture of this community. Generator bus 5 is

a

Combined Cycle Gas Turbine (CCGT) power plant beside the sea

, built on a

vast area next to a rural/ village setting. The fishing vil

lage houses a community of about 1300

people who live on a day-

to

-day simple livelihood. Discuss the positive and negative impac

t of

the power plant on the environment and culture of this community.

Generator bus 5 is

a

Combined Cycle Gas Turbine (CCGT) power plant beside the sea

, built on a

vast area next to a rural/ village setting. The fishing vil

lage houses a community of about 1300

people who live on a day-

to

-day simple livelihood. Discuss the positive and negative impac

t of

the power plant on the environment and culture of this community.

Generator bus 5 is

a

Combined Cycle Gas Turbine (CCGT) power plant beside the sea

, built on a

vast area next to a rural/ village setting. The fishing vil

lage houses a community of about 1300

people who live on a day-

to

-day simple livelihood. Discuss the positive and negative impac

t of

the power plant on the environment and culture of this community.

In: Electrical Engineering

The healthcare provider has ordered 0.3 mg/hr of an IV medication. The bag contains 5 mg/100...

The healthcare provider has ordered 0.3 mg/hr of an IV medication. The bag contains 5 mg/100 ML/hr. At what rate will the nurse set the infusion in mL/hr.

In: Nursing

Test H0: m £ 8 versus HA: m > 8, given a = 0.01, n =...

Test H0: m £ 8 versus HA: m > 8, given a = 0.01, n = 25, X ̅ = 8.13 and s = 0.3. Assume the sample is selected from a normally distributed population.

In: Statistics and Probability

Write a program to solve the boundary value problem ? ′′ = ? ′ + 2?...

Write a program to solve the boundary value problem ? ′′ = ? ′ + 2? + cos ? for ? ? [0, ?/2] with ?( 0) = 0.3, ?( ?/ 2) = 0.1. Check your numerical solution with actual using necessary plot.(MATLAB)

In: Advanced Math

Calculate the absolute uncertainty in the answer of the following: [(18.9±0.3)(1.89±0.05) - (1.07±0.02)(0.412±0.0009)] / [(4.79±0.06) +...

Calculate the absolute uncertainty in the answer of the following:

[(18.9±0.3)(1.89±0.05) - (1.07±0.02)(0.412±0.0009)] / [(4.79±0.06) + (1.37±0.02)]=

Please show how you got the answer.

In: Chemistry

Show that A(t)=300−250e^(0.2−0.02t) satisfies the differential equation ⅆAⅆt=6−0.02A with initial condition A(10)=50.

Show that A(t)=300−250e^(0.2−0.02t) satisfies the differential equation ⅆAⅆt=6−0.02A with initial condition A(10)=50.

In: Math