Questions
9. Changes in retained earnings are commonly reported in the: Multiple Choice Statement of cash flows....

9. Changes in retained earnings are commonly reported in the: Multiple Choice Statement of cash flows. Balance sheet. Statement of stockholders' equity. Multiple-step income statement. Single-step income statement.

14. Book value per common share is computed by: Multiple Choice Multiplying the number of common shares outstanding times the market price per common share. Dividing total assets by the number of shares outstanding. Dividing stockholders' equity applicable to common shares by the number of common shares outstanding. Multiplying the number of common shares outstanding by par value per share. Dividing the number of common shares outstanding by stockholders' equity applicable to common shares.

17. A corporation issued 6,000 shares of its $2 par value common stock in exchange for land that has a market value of $84,000. The entry to record this transaction would include: Multiple Choice A debit to Common Stock for $12,000. A debit to Land for $12,000. A credit to Land for $12,000. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $72,000. A credit to Common Stock for $84,000.

18.The date the directors vote to declare and pay a dividend is called the: Multiple Choice Date of stockholders' meeting. Date of declaration. Date of record. Date of payment. Liquidating date.

20. A liability for dividends exists: Multiple Choice When cumulative preferred stock is sold. On the date of declaration. On the date of record. On the date of payment. For dividends in arrears on cumulative preferred stock.

In: Accounting

1. A governmental fund Statement of Revenues, Expenditures, and Changes in Fund Balances reported of $30...

1. A governmental fund Statement of Revenues, Expenditures, and Changes in Fund Balances reported of $30 million, including capital outlay expenditures of $9 million. Capital assets for that government cost $90 million, including land of $10 million. Depreciable assets are amortized over 20 years, on average. The reconciliation from governmental changes in fund balances to governmental activities changes in would reflect a(an):
A) Decrease of $1 million.
B) Increase of $l million.
C) Increase of $5 million.
D) Decrease of $4 million.

2. The City of Charlotte reported property tax revenues in 2017 in the amount of $10 million. The deferred inflow - property taxes reported in the General Fund's balance sheet was $ 300,000 on December 31, 2016 and was $ 375,000 on December 31, 2017. During 2017, $9,000,000 was collected. What amount should the city report for Property Tax Revenue in its year ended December 31, 2017 government-wide Statement of Activities?
A) $ 9,075,000
B) $ 9,975,000
C) $ 10,075,000
D) $ 10,375,000

3. The City of Eugene reported property tax revenues in 2017 in the amount of $10 million. The deferred inflow - property taxes reported in the General Fund's balance sheet was $ 475,000 on December 31, 2016 and was $ 400,000 on December 31, 2017. During 2017, $9,000,000 was collected. What amount should the city report for Property Tax Revenue in its year ended December 31, 2017 government-wide Statement of Activities?
A) $10,075,000
B) $ 9,925,000
C) $ 9,625,000
D) $ 8,975,000

4. A government reported an "other financing source" in the amount of $800,000, related to the sale of land in its governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances. The land had a cost of $375,000. The adjustment in the reconciliation, when moving from the governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the change in net position for governmental activities in the Statement of Activities would be a(an):
A) Decrease of $425,000.
B) Increase of $425,000.
C) Increase of $375,000.
D) Decrease of $375,000.

5. A government incurred expenses for its infrastructure as follows: $25 million for general repairs; $20 million to extend the life for existing infrastructure; and $22 million for additions and betterments. The infrastructure has a basis of $400 million and would be depreciated over a 40 year life, if depreciation were charged. The government chooses to use the modified approach to record infrastructure. The total amount that would be shown as expense in the Statement of Activities would be:
A) $32 million.
B) $47 million.
C) $45 million.
D) $42 million.

Please show your work.

In: Accounting

Changes in the spot rates can: a. affect a firm's present value of future cash flows,...

Changes in the spot rates can:

a. affect a firm's present value of future cash flows, posing economic risk.

b. impose translation risk on a firm.

c. impose accounting risk on a firm.

d. affect the value of a company's future cash transactions, posing transaction risk.

In: Accounting

Question 1Suppose the exchange rate changes so that less Japanese yen arerequired to buy...

Question 1

Suppose the exchange rate changes so that less Japanese yen are required to buy a dollar. We could conclude that:

A. the Japanese yen has appreciated in value.

B.U.S. citizens will buy more Japanese imports.

C. Japanese will demand less U.S. exports.

D. U.S. citizens will buy more Japanese imports.

Question 2

An increase in the value of the Japanese yen relative to the U.S. dollar will

A. increase aggregate demand in the United States.

B. decrease aggregate supply in the United States.

C. increase aggregate demand in Japan.

D. increase aggregate supply in Japan.

Question 3

Table 20-1
Suppose the economy of Macroland is described by the following:
C = 200 + .8DI (DI = disposable income)
I = 300 + .2Y − 50r (Y = GDP)
(r, the interest rate, is measured in percentage points. For example, a 9 percent interest rate is r = 9).

For this economy, assume that the Federal Reserve uses its monetary policy to peg the interest rate at
r = 6
G = 750
T = .20Y
X = 200
M = 150 + .2Y
Hint: DI = Y − T

From Table 20-1, compute equilibrium GDP for Macroland.

A. 2,917

B. 2,778

C. 2,625

D. 2,525

Question 4

For the U.S, a major open economy with extensive capital flows, what is the effect of a decrease in interest rates due to expansionary monetary policy?

A. a currency depreciation and increased net exports

B. a currency depreciation and reduced net exports

C. a currency appreciation and increased net exports

D.a currency appreciation and reduced net exports

 

In: Economics

Fiscal policy refers to the changes in government’s choices regarding the overall level of government spending...

  • Fiscal policy refers to the changes in government’s choices regarding the overall level of government spending and taxes to influence the behavior of the economy. Fiscal policy can expand or contract aggregate demand. The government sometimes uses the fiscal policy instruments in an attempt to stabilize the economy. Under a recession, an expansionary fiscal policy is adopted, which involves lowering taxes and/or increasing government spending. In an overheated expansion with an inflationary pressure, a contractionary fiscal policy is utilized, which requires higher taxes and/or reduced government spending. Economists and policymakers disagree about how active the government should be in these fiscal policy efforts.
  • What are the expansionary and contractionary fiscal policies? What are their policy instruments? How are they used to deal with the inflationary gap and recessionary gap? Which do you think is more appropriate today?
  • Should the government balance its budget? If you think it should, what steps do you suggest that it take to balance its budget?
  • What is the relationship between budget deficits and national (public) debt? Why the U.S. national debt has been increasing for decades?
  • Should the tax laws be reformed to encourage saving? Do you think consumption tax is better than income tax?

In: Economics

Which two items should be compared to most usefully show the impact that changes in efficiency...

Which two items should be compared to most usefully show the impact that changes in efficiency of operations have had on performance?

static planning budget and flexible budget
master budget and static planning budget
flexible budget and actual results

In: Accounting

Use a d orbital diagram to predict any changes in color and paramagnetism that might occur...

  1. Use a d orbital diagram to predict any changes in color and paramagnetism that might occur when aqueous chromium as Cr(H2O)62+ reacts with NaCN. The spectrochemical series

is:

I-<Br-<Cl-<OH-<F-<H2O<NH3<en<CN-<CO

In: Chemistry

A study of undergraduate computer science students examined changes in major after the first year. The...

A study of undergraduate computer science students examined changes in major after the first year. The study examined the fates of 256 students who enrolled as first-year students in the same fall semester. The students were classified according to gender and their declared major at the beginning of the second year. For convenience we use the labels CS for computer science majors, EO for engineering and other science majors, and O for other majors. The explanatory variables included several high school grade summaries coded as 10 = A, 9 = A-, etc. Here are the mean high school mathematics grades for these students. Major Gender CS EO O Males 8.68 8.35 7.65 Females 9.11 9.36 8.04 Describe the main effects and interaction using appropriate graphs and calculations.

In: Statistics and Probability

1- The changes in characteristics of a species over time. Group of answer choices fitness evolution...

1- The changes in characteristics of a species over time.
Group of answer choices

fitness

evolution

reproduction

natural selection

2- A group of animals that are all the same species is referred to as what?
Group of answer choices

population

kingdom

community

biosphere

3- Inherited characteristics that enhance an organisms ability to survive and reproduce are called what?
Group of answer choices

evolution

fitness

natural selection

adaptations

4- How can an adaptation lose its value?
Group of answer choices

If the animal gets a better adaptation

If the animal reproduces.

If the environment changes and no longer favors that trait

5- The process in which individuals that have certain inherited traits tend to have greater success at survival and reproduction due to these adaptations.
Group of answer choices

fitness

evolution

natural selection

genetic variation

6- This must exist in a population for natural selection to act.
Group of answer choices

fitness

reproduction

evolution

genetic variation

7- In this lab you will play the role of what?
Group of answer choices

prey

teacher

predator

bacteria

8- Which type of feeding structure is present in the predator population for this lab?
Group of answer choices

tongue depressors

spoon

fork

knife

9- Which prey item will be the most numerous to begin with?
Group of answer choices

beans

coins

rice

10- Water, food & shelter are examples of what?
Group of answer choices

Limitied resources which populations compete for

differential reproduction

abundant resources available for all

In: Biology

Answers should be somehow related with Tesla Motors 1.Consider the changes that have occured in the...

Answers should be somehow related with Tesla Motors
1.Consider the changes that have occured in the auto industry. To what extent has the evolution of the industry followed the pattern predicted by the industry life-cycle model (introduction stage, growth, maturity and decline stage)? What are the features of the industry that influenced its pattern of evolution? At what stage of development is the automotive industry today? How is the industry likely to evolve in the future?

In: Economics