Lewis Company owns 75% of the voting common stock of Bosch, Inc. On January 1, 2015, Bosch sold $1,400,000 in ten-year bonds to the public at 105. The bonds pay a 10% interest rate every December 31. Lewis Company acquired 40% of these bonds on January 1, 2017, for 95% of the face value. Both companies utilizes the straight-line method of amortization.

What consolidation entry would be recorded in connection with these intra-entity bonds on December 31, 2017?

1. Classify this news event as Systematic or Unsystematic and indicate whether prices will increase or decrease.

US home construction drops 30.2% in April as virus rages.

2. Classify this news event as Systematic or Unsystematic and indicate whether prices will increase or decrease.

Home Depot's sales soared in the first quarter, despite an increase in costs due to the coronavirus.

3. Classify this news event as Systematic or Unsystematic and indicate whether prices will increase or decrease.

Walmart says it will discontinue Jet, which it acquired for $3B in 2016

4. A stock with a price of $10 per share must have a lower market capitalization than a stock with $100 per share.

Apple Inc.

Introduction. Start with an introductory paragraph or two explaining the purpose of the report.

Brief History of the Company. In no more than one (1) page address the following:
•   What is the company’s principal line of business and major competitors?
•   What are their key products/services?
•   On what day does the company’s fiscal year end?
•   Provide a brief history of the company: When did the company first go public? Have they had any stock splits since then? Any other relevant data about their stock.
•   Who is their current CEO, CFO?
•   What else would a potential investor want to know?

Body: address the following questions related to your selected company in paragraph (not list) form.
1.   Who is the company’s current auditor? What does the auditor do?
2.   What method of depreciation is used by the company to depreciate its operational assets?
3.   What inventory method is used to state the value of the company’s inventory?
4.   Does the company have treasury stock (or a repurchase program)? Explain.
5.   Does the company have any investments? If so, what categories?
6.   What is the largest source of cash from financing activities?
7.   What is the largest use of cash from investing activities?
8.   Describe one footnote that presents additional detail about a reported financial statement number (provide the footnote number or letter).
9.   Describe one footnote that reports financial statement information not listed as a number in the financial statements (provide the footnote number or letter).
10.   What was the overall trend of the stock price for the most recent year?

My opinion about topic, group and presentation

My opinion about topic :

This subject very interesting and useful for me. I have been wanting to study this field for a long time but due to I was busy at university and so on, I could not. When I saw this subject on the table, I was surprised and chose to read and make report for it. Such studies, which paly an important role in my life, are very important for me. in addition to studying, also occasionally work in business like buying and selling flowers online. So this study help me to understand my work as much as possible.

My opinion about group :

I think I had a very good group( Ahsan, Abdelhamid and me). As the members of group followed all the necessary rules, there was no annoyance. The most important rule is respect to each other is that we all followed. The team did things on time and we all helped each other to give a very good presentation. My opinion about presentation : The only problem we had was how we going to present online. Since this was the fist time so strange to us. Since the teacher activated all necessary voting options for us on the blackboard, all our worries were resolved and we tried our best to present the presentation.

Requirement : Correct this text

Aykroyd Inc. has sponsored a noncontributory, defined benefit pension plan for its employees since 1997. Prior to 2020, cumulative net pension expense recognized equaled cumulative contributions to the plan.Other relevant information about the pension plan on January 1, 2020, is as follows:1.The company has 200 employees. All these employees are expected to receive benefits under the plan. The average remaining service life per employee is 12 years.2.The projected benefit obligation amounted to $5,000,000 and the fair value of pension plan assets was $3,000,000. The market-related asset value was also $3,000,000. Unrecognized prior service cost was $2,000,000. On December 31, 2020, the projected benefit obligation and the accumulated benefit obligation were $4,850,000 and $4,025,000, respectively. The fair value of the pension plan assets amounted to $4,100,000 at the end of the year. A 10% settlement rate and a 10% expected asset return rate were used in the actuarial present value computations in the pension plan. The present value of benefits attributed by the pension benefit formula to employee service in 2020 amounted to $200,000. The employer's contribution to the plan assets amounted to $775,000 in 2020. This problem assumes no payment of pension benefits. Instructions (Round all amounts to the nearest dollar.)

Since the beginning of 2020, the world is suffering from the pandemic. Due to Covid-19, the demand for surgical masks surges rapidly. Assuming firms that produce surgical masks only need machines that produce surgical masks and workers that operate the machines. What do you think would happen to the equilibrium wage and unemployment, if there is no quarantine in place? And if there is? Assuming we are talking about a small closed economy.

The Booth Company's sales are forecasted to double from $1,000 in 2019 to $2,000 in 2020. Here is the December 31, 2019, balance sheet:

Booth's fixed assets were used to only 50% of capacity during 2019, but its current assets were at their proper levels in relation to sales. All assets except fixed assets must increase at the same rate as sales, and fixed assets would also have to increase at the same rate if the current excess capacity did not exist. Booth's after-tax profit margin is forecasted to be 3% and its payout ratio to be 45%. What is Booth's additional funds needed (AFN) for the coming year? Round your answer to the nearest dollar.

What will the RBA's monetary policy be until March 2020 and how will it differ from the changes announced on March 18？

1. Suppose that from 2020 to 2025, the price level rises at a rate of 3% per year.
   1. [1] In 2025, real GDP is equal to potential, so there is no output gap. Workers and employers are bargaining the wage for the next year.

If they are backward-looking, are wages likely to increase? If so, by how much?

2. [1] Given your answer in a, will there also be an increase in the price level next year (inflation)? If so, by how much?

3. [1.5] Suppose that in 2026, an inflationary output gap opens. Workers and employers once again bargain the wage increase for the next year.

Compared to the past year (in part b), do you think that inflation will be higher or lower than in 2025?

4. [1.5] In 2027, there is still an output gap. The price of energy—an important input—increases.

Will this affect inflation? If so, will the inflation rate be higher or lower than in 2026?