in the first year of operations Lien company entered into the following transactions among others:

a 1 january bought equipment 105000.

b 31 march prepaid one years rent 24000.

c 1 July took out a one year loan from the bank at an annual interest rate of 8 percent 20000.

d 1 August received payment for services not yet rendered 12000.

on 31 December lien has earned 8000 of the 12000 in transaction 4 and has incurred but not recorded 450 of electricity. lien prepares adjusting entries on an annual basis.

question: prepare journal entries for transactions a and d. prepare any adjusting journal entries needed at 31 December. assume that the equipment depreciates 15000 annually.

Companies HD and LD have the same sales, tax rate, interest rate on their debt, total assets, and basic earning power. Both firms finance using only debt and common equity, and total assets equal total invested capital. Both companies have positive net incomes. Company HD has a higher total debt to total capital ratio and therefore a higher interest expense. Which of the following statements is CORRECT?

Three different companies each purchased trucks on January 1, 2018, for $82,000. Each truck was expected to last four years or 250,000 miles. Salvage value was estimated to be $6,000. All three trucks were driven 79,000 miles in 2018, 56,000 miles in 2019, 51,000 miles in 2020, and 71,000 miles in 2021. Each of the three companies earned $71,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining-balance depreciation, and company C uses units-of-production depreciation. Answer each of the following questions. Ignore the effects of income taxes. d-1. Calculate the retained earnings on the December 31, 2021, balance sheet?

Retained Earnings

Company A

Company B

Company C

QUESTION 5

In a large midwestern university (the class of entering freshmen is 6000 or more students), an SRS of 100 entering freshmen in 1999 found that 25 finished in the bottom third of their high school class. Admission standards at the university were tightened in 2000. In 2001, an SRS of 100 entering freshmen found that 15 finished in the bottom third of their high school class.

Let p1 and p2 be the proportion of all entering freshmen in 1999 and 2001, respectively, who graduated in the bottom third of their high school class.  

Is there evidence that the proportion of freshmen who graduated in the bottom third of their high school class in 2001 has been reduced, as a result of the tougher admission standards adopted in 2000, compared to the proportion in 1999?

Use this information to make the best match below as it relates to an appropriate significance test.

Please read the Management in Action case “Norwegian Air Shuttle Aspires to Become the Cheapest Global Airline” at the end of Chapter 4 “Global Management” available in your textbook Management: A Practical Approach 7^th edition by Kinicki, A., & Williams, B., and answer the following questions:

Assignment Question(s):

1. What are the biggest challenges Norwegian experienced in trying to expand its airline across the globe?
2. To what extent did you observe examples of ethnocentric, polycentric, or geocentric attitudes in this case? Provide examples to support your conclusions.

3. Use Table 4.4 (Given below) to identify cultural differences that are likely to arise between Norwegian employees working in Denmark and Sweden and Thailand. How might these differences affect interpersonal interactions, and what can the company do to reduce any unintended conflict from these differences?

4. What are the most important lessons to be learned about global management from this case? Discuss

I want a special solution for me, Please

For those fortunate souls who do not need glasses, the lens of the eye adjusts its focal length in order to form a proper image on the retina. This typically means that very distant objects as well as objects as close as 25 cm can be seen clearly. Many of us need corrective lenses since the lens in our eye cannot adjust sufficiently to produce a clear image over the full range object distances. This may be because the lens itself does not adjust well or because the eye is either longer or shorter than ‘normal’. In the case of someone who is nearsighted (can see up close) the eye may only be able to see clearly items up to 50cm or 1m away (this would be the far point). In order to see something further away, a lens (either glasses or contacts) is used to produce a virtual image of a distant object at the person’s far point. Their eye can then accommodate the rest of the way and produce a clear image. Suppose a person who has a far point of 63.0 cm is trying to view a distant object. What is the focal length (with correct sign) of a lens that would take a distant object and make an image on the same side of the lens as the object a distance 63.0 cm from the lens? Incorrect.

Is the lens converging or diverging?

Lenses are prescribed in terms of their refractive power, which is expressed in terms of diopters (see the text or your favorite search engine for the definition of a diopter). What is the refractive power of this lens in terms of diopters? (do not enter units.)

In the case of someone who is farsighted, the eye is not able to focus clearly on objects closer than a certain distance. This closest point on which a person’s eye can focus is called the near point. In this situation the corrective lens is used to make an object closer than the near point produce an image further away from the lens at the near point. Suppose a person who has a near point of 53.1 cm is trying to view a book at a distance of 25.0 cm. What is the focal length (with correct sign) of a lens that would take the book and make an image on the same side of the lens as the book a distance 53.1 cm from the lens?

Is the lens converging or diverging?

What is the refractive power of this lens in terms of diopters? (do not enter units.)

On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $20,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $13,060 of federal income taxes, $1,420 of medical insurance deductions, and $880 of union dues. No employee earned more than $7,000 in this first period.

Required:
1.1 Calculate below the amounts for each of these four taxes of Regis Company. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%.
1.2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities.
2. Prepare the journal entry to record Regis’s employer payroll taxes resulting from the January 8 payroll. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%.

Calculate below the amounts for each of these four taxes of Regis Company. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places.)

• Record the employee payroll expenses and liabilities for the first weekly pay period of the year.

Note: Enter debits before credits.

• Record the employer’s payroll expenses and liabilities for the first weekly pay period of the year.

Note: Enter debits before credits.

In the market A the price a company charges per product is $ 20 and its marginal cost is $ 10. In market B, another company sells a product at $ 30 and its marginal cost is $ 20. i) Who has greater market power company A or company B? ii) If we now know that the elasticity of demand is -2 in the market A and -0.3 in the market B. Who has greater market power? Why?

-Please provide an example from a real company that used capital budgeting for a particular product proposal.
-What were the results of that project?
-Can you think of any companies who didn't properly invest/innovate and are now defunct or on the way to closing?
-How can you use capital budgeting in your own lives?

1. For each of the following items, indicate whether the costs should be capitalized or expensed immediately. [4 points]

1. Purchased a customer list from another company for $100,000.
2. Spent $200,000 to develop a new product.
3. Purchased a license agreement for $500,000.
4. Spent $500,000 on wages for scientists who worked on a project for which patent is likely to be filed.