A university has 7 departments namely, IT, Finance, HR, Management, Faculty, students and R&D. The university also has an ADSL internet connection which is shared for the different departments. It is required that all the departments should have intercommunication via LAN. Each of the department contain 50-200 users. As the case everywhere, the students and the staffs need to have access to Wi-Fi connectivity as well. The university campus contains 3 different buildings located nearby, having 2, 3 and 4 floors each. You are asked to design of a network infrastructure for a university, focusing on the following aspects. The network architecture model you will be choosing. The switching and routing requirement The IP Design schema for the department. Design with VLAN The security measures taken for both the wired and wireless network. The Wi-Fi design as required for the university. The final network infrastructure may be created in packet tracer or any familiar tools available. You may create the model in a word file too, by indicating all the information clearly.
In: Computer Science
A university has 7 departments namely, IT, Finance, HR, Management, Faculty, students and R&D. The university also has an ADSL internet connection which is shared for the different departments. It is required that all the departments should have intercommunication via LAN. Each of the department contain 50-200 users.
As the case everywhere, the students and the staffs need to have access to Wi-Fi connectivity as well. The university campus contains 3 different buildings located nearby, having 2, 3 and 4 floors each. You are asked to design of a network infrastructure for a university, focusing on the following aspects.
The network architecture model you will be choosing.
The switching and routing requirement
The IP Design schema for the department.
Design with VLAN
The security measures taken for both the wired and wireless network.
The Wi-Fi design as required for the university.
The final network infrastructure may be created in packet tracer or any familiar tools available. You may create the model in a word file too, by indicating all the information clearly.
In: Computer Science
1
Which of the following forms of IP are specifically limited in how long they are likely to be competitive advantage
trade secrets
patents
trademarks
2
A firm is in an industry that has seen major changes that have led to plummeting profits for the firm. The CEO has decided to make radical change to the firm's strategy and go in an entirely new direction, changing from a differentiator strategy in the industry to a cost leadership strategy that has been successful for several firms during the change. Which is the best response to this proposed strategic change from the CEO?
Do it because there are plenty of examples to imitate and make this strategy successful.
Do not do it because it is unlikely our firm can succeed against established cost leaders.
Do not do it because it is very risky to make any major change.
3
Which of the following is the most important reason a strategic analyst should always do an industry structure analysis when evaluating a single firm’s strategy?
Helps identify all the competitors trying to take profits from the firm.
Helps identify the ways the firm should try to change the industry structure through its strategy.
None of these.
Helps identify if it is impossible for the firm to gain a competitive advantage in the future.
In: Operations Management
Jimmitz Inc. is a subsidiary of Krocker Gear. Jimmitz sells shoe accessories to Krocker at a 25% markup on cost. Information on these intercompany merchandise transactions is below:
| Inventory balance on Krocker’s books, purchased from Jimmitz, January 1, 2020 | $11,250 |
| Inventory balance on Krocker’s books, purchased from Jimmitz, December 31, 2020 | 10,250 |
| Total sales revenue recorded by Jimmitz on merchandise sales to Krocker in 2020 | 1,500,000 |
Required
a. Prepare the working paper eliminating entries related to these intercompany transactions at December 31, 2020.
| Description | Debit | Credit | |
|---|---|---|---|
| AnswerCost of goods soldInventoriesInvestment in KrockerRetained earnings, beg. - KrockerSales revenue | Answer | Answer | |
| AnswerCost of goods soldInventoriesInvestment in KrockerRetained earnings, beg. - KrockerSales revenue | Answer | Answer | |
| To eliminate the intercompany profit from Krocker's beg. Inventory. | |||
| AnswerCost of goods soldInventoriesInvestment in KrockerRetained earnings, beg. - KrockerSales revenue | Answer | Answer | |
| AnswerCost of goods soldInventoriesInvestment in KrockerRetained earnings, beg. - KrockerSales revenue | Answer | Answer | |
| To eliminate intercompany sales and purchases. | |||
| AnswerCost of goods soldInventoriesInvestment in KrockerRetained earnings, beg. - KrockerSales revenue | Answer | Answer | |
| AnswerCost of goods soldInventoriesInvestment in KrockerRetained earnings, beg. - KrockerSales revenue | Answer | Answer | |
| To eliminate the intercompany profit from Krocker’s ending inventory. | |||
b. Krocker sold shoes containing Jimmitz’s shoe accessories during 2020.
What amount did Krocker and Jimmitz record as cost of goods sold for the shoe accessories in 2020?
$Answer
What amount should appear in consolidated cost of goods sold for these shoe accessories?
$Answer
Show how the eliminating entries in part a adjust Krocker’s cost of goods sold balance to the correct consolidated balance.
| Account | Krocker Dr (Cr) |
Jimmitz Dr (Cr) |
Debit | Credit | Consolidated Balances Dr (Cr) |
|
|---|---|---|---|---|---|---|
| Cost of goods sold | $Answer | $Answer | Answer | Answer | $Answer | |
| Answer |
In: Accounting
1. On January 2, 2020, Murphy Company purchased land that cost $410,000, a building on the land that cost $1,450,000, and equipment that cost $70,000. The building has an estimated useful life of 29 years. The equipment has an estimated useful life of 7 years.
Required: Prepare the property, plant, and equipment section of the balance sheet as of December 31, 2020. Note: Use straight-line depreciation with no salvage value. Murphy Company Balance Sheet (partial) December 31 Property, Plant, and Equipment Buildings Accumulated Depreciation, Buildings Total Property, Plant, and Equipment
2. On December 31, Perez Company has earned interest revenue of $2,200 on outstanding notes, even though the company will not actually receive the interest until the following year.
Required:
Journalize the adjusting entry on December 31.
3. On January 1, Williams Company purchased a large piece of equipment for $46,200. It has an estimated useful life of 7 years.
Required:
Journalize the adjusting entry on December 31.
Note: Use straight-line depreciation with no salvage
value.
In: Accounting
In: Economics
Respond to the following:
Acquired immune responses are capable of controlling an
infection, however, the acquired immune response is controlled
itself through different mechanisms. It is primarily activated by a
threshold level of antigen that is produced through the defensive
action of the innate immune system. Pathogens and antigens interact
and cause dendritic cells to activate to become antigen-presenting
cells. Then, the antigens are transported to the lymphoid organs by
the antigen-presenting cells. After several days, antigen-specific
T cells and B cells locate the foreign antigen, and ultimately
differentiate into armed effector cells. These cells either leave
the lymphoid organ to go to the sites of infection or stay within
the organ to promote humoral immunity. The path the effector cells
take is dependent on the differentiation of CD4 T cells. There are
two different subsets of CD4 T cells, Th1 and Th2. The function of
Th1 is to activate macrophages, while Th2 works to activate B
cells, especially during the primary response. Both of these CD4 T
cell subset are capable of regulating each other, which is
essential done by the cytokines of each respective T cell type.
Ultimately, the effector cells remove the pathogens to control the
infection (1). Once an infection is effectively under control, it
is critical to remove the effector cells to allow for the
restoration of the tissue. The immune system has mechanisms in
which it is capable of removing these cells. When effector cells
are no longer needed, they undergo apoptosis. The function of
effector cells is to remove the stimulus that activated them, but
when that stimulus is gone, the effector cells no longer have
anything to remove except for themselves, which occurs through
apoptosis. Apoptosis causes cells to die, and they are subsequently
removed through macrophages. They are capable of identifying the
dying cells through the composition of their membrane, specifically
the lipid phosphatidylserine. In a normal cell, the lipid is found
on the inner portion of the plasma membrane. However, when a cell
undergoes apoptosis, it redistributes to the outer surface which
allows for easy recognition by phagocytes. While some effector
cells are removed, some are retained to allow for formation of
memory T-cell and B-cells (1). The acquired protective immune
response is critical in providing protection against pathogens. It
is acquired through effector T cells or antibodies that are
generated when exposed to the pathogen, as described above. This
can be done by initial infection or through vaccination that allows
for immunological memory. The specific pathogen involved influences
the type of effector T cell or antibody that provides protection.
For example, the polio inactivated vaccine utilizes preexisting
antibodies (IgA) to neutralize the virus and prevent its spread of
infection (1). These antibodies are known as IgA, and are produced
within the gut mucosa. In order to activate the mucosal immune
response, antigens are transported across the epithelium through
the use of microfold (M cells). They are then presented to effector
B lymphocytes that result in stimulated B cells to migrate to
distant mucosal cites. This ultimately leads to the production of
IgA that neutralizes the antigen. The neutralization of these
substances prevents it from binding to receptors within the tissue.
Therefore, the neutralized antibody-antigen complex formed is
ultimately removed and destroyed by macrophages (2).
In: Biology
Sylvia Sweet opened Sweet Angels, Inc. on June 1, 2020. During June, the following transactions were completed:
|
June 1 |
Issued 5,000 shares of Cleaning Angels common stock for $13,000. Each share has a $1.00 par. |
|
2 |
Borrowed $7,500 on a 2-year, 8% note payable. |
|
2 |
Paid $9,000 to purchase used floor and window cleaning equipment from a company going out of business ($4,820 was for the floor equipment and $4,180 for the window equipment). |
|
2 |
Paid $250 for June for Internet and phone service. |
|
3 |
Purchased cleaning supplies for $980 on account. |
|
4 |
Hired 4 employees. Each will be paid $450 per 5-day work week (Monday-Friday). Employees will begin working on Monday, June 8th. |
|
4 |
Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Sylvia sold the window cleaning equipment for $4,000 cash. |
|
4 |
Obtained insurance coverage for $9,840 per year. Coverage runs from June 4, 2020, through June 04, 2021. Sylvia paid $2,460 cash for the first quarter of coverage. |
|
8 |
Paid $2.80 per share to buy 300 shares of Cleaning Angels, Inc common stock from a shareholder who disagreed with management goals. The shares will be held as treasury stock. |
|
12 |
Paid $300 on amount owed on cleaning supplies. |
|
15 |
Paid for employees’ wages for the week of June 8-12. |
|
15 |
Billed customers $3,600 for cleaning services performed through June 12, 2020. |
|
17 |
Received $600 from a customer for 4 weeks of cleaning services to begin on June 22, 2020. |
|
22 |
Billed customers $4,300 for cleaning services performed through June 19. |
|
22 |
Paid employees’ wages for the week of June 15-19 |
|
23 |
Collected $2,400 cash from customers billed on June 15. |
|
25 |
Paid $250 for Internet and phone services for July. |
|
29 |
Declared and paid a cash dividend of $0.08 per share. |
|
29 |
Collected $3,100 from customers billed on June 15 & 22. |
|
29 |
Billed customers $3,900 for cleaning services performed through June 26th |
|
29 |
Paid employees’ wages for the week of June 22-26 |
|
30 |
Received notice that a customer who was billed $150 for services performed June 10th has filed for bankruptcy. Sweet Angels, Inc does not expect to collect any portion of this outstanding receivable. (Sweet Angels will follow the GAAP Guidelines for uncollectible accounts.) |
Adjustment Data:
A. Services performed for customers through June 30, 2020, but unbilled and uncollected were $1,500.
B. Cleaning Angels used the allowance method to estimate bad debts. Cleaning Angels estimates that 3% of its month-end receivables will not be collected.
C. Record 1 month of depreciation for the floor equipment. Use the straight-line method, an estimated life of 5 years, and $400 salvage value.
D. Record 1 month of insurance expense.
E. An inventory count shows $350 of supplies on hand at June 30th.
F. Record services performed for the customer who paid in advance on June 17th.
G, Accrue for wages owed through June 30, 2020.
H. Accrue for interest expense for one month.
I. Sylvia estimates a 20% income tax rate. (Hint: Prepare an income statement up to “income before taxes” to help with the income tax calculation.)
Instructions:
In: Accounting
|
|
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|
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In: Accounting
Sylvia Sweet opened Sweet Angels, Inc. on June 1, 2020. During June, the following transactions were completed:
|
June 1 |
Issued 5,000 shares of Cleaning Angels common stock for $13,000. Each share has a $1.00 par. |
|
2 |
Borrowed $7,500 on a 2-year, 8% note payable. |
|
2 |
Paid $9,000 to purchase used floor and window cleaning equipment from a company going out of business ($4,820 was for the floor equipment and $4,180 for the window equipment). |
|
2 |
Paid $250 for June for Internet and phone service. |
|
3 |
Purchased cleaning supplies for $980 on account. |
|
4 |
Hired 4 employees. Each will be paid $450 per 5-day work week (Monday-Friday). Employees will begin working on Monday, June 8th. |
|
4 |
Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Sylvia sold the window cleaning equipment for $4,000 cash. |
|
4 |
Obtained insurance coverage for $9,840 per year. Coverage runs from June 4, 2020, through June 04, 2021. Sylvia paid $2,460 cash for the first quarter of coverage. |
|
8 |
Paid $2.80 per share to buy 300 shares of Cleaning Angels, Inc common stock from a shareholder who disagreed with management goals. The shares will be held as treasury stock. |
|
12 |
Paid $300 on amount owed on cleaning supplies. |
|
15 |
Paid for employees’ wages for the week of June 8-12. |
|
15 |
Billed customers $3,600 for cleaning services performed through June 12, 2020. |
|
17 |
Received $600 from a customer for 4 weeks of cleaning services to begin on June 22, 2020. |
|
22 |
Billed customers $4,300 for cleaning services performed through June 19. |
|
22 |
Paid employees’ wages for the week of June 15-19 |
|
23 |
Collected $2,400 cash from customers billed on June 15. |
|
25 |
Paid $250 for Internet and phone services for July. |
|
29 |
Declared and paid a cash dividend of $0.08 per share. |
|
29 |
Collected $3,100 from customers billed on June 15 & 22. |
|
29 |
Billed customers $3,900 for cleaning services performed through June 26th |
|
29 |
Paid employees’ wages for the week of June 22-26 |
|
30 |
Received notice that a customer who was billed $150 for services performed June 10th has filed for bankruptcy. Sweet Angels, Inc does not expect to collect any portion of this outstanding receivable. (Sweet Angels will follow the GAAP Guidelines for uncollectible accounts.) |
Adjustment Data:
A. Services performed for customers through June 30, 2020, but unbilled and uncollected were $1,500.
B. Cleaning Angels used the allowance method to estimate bad debts. Cleaning Angels estimates that 3% of its month-end receivables will not be collected.
C. Record 1 month of depreciation for the floor equipment. Use the straight-line method, an estimated life of 5 years, and $400 salvage value.
D. Record 1 month of insurance expense.
E. An inventory count shows $350 of supplies on hand at June 30th.
F. Record services performed for the customer who paid in advance on June 17th.
G, Accrue for wages owed through June 30, 2020.
H. Accrue for interest expense for one month.
I. Sylvia estimates a 20% income tax rate. (Hint: Prepare an income statement up to “income before taxes” to help with the income tax calculation.)
Instructions:
In: Accounting