Capital markets and the ability to raise funds for corporate uses are essential to the U.S. economic system. For this assignment, imagine that you have $25,000 to invest in U.S. companies. You are buying used stock. The company got the money when it issued the stock originally. You will be buying it from an existing owner. You are investing, or buying, the stock because you believe the company will make money and pay you a dividend in cash. Each share of stock that you buy entitles you to any dividend declared and a vote at the annual stockholders' meeting. The stock also allows you the ability to earn your money back by selling the stock. Of course, investing in stocks is risky and there is the possibility that the stock you buy will be worth less when you want your money back. The company is not obligated to give you any of your money back. You will only get your money back if another investor wants to buy your stock. Instructions Using the above scenario and the resources listed below, complete the following directions for your Week 3 Stock Journal entry: Select three US companies that are publicly traded using your knowledge and experience and make sure you are practicing good diversification. Jim Cramer, Money Manager, on CNBC, plays a game at the end of his show called "Am I Diversified." Check out the short clip, Am I Diversified - Mad Money [Video], to get a sense of industry diversification. Ideas for Sources of Information: There are many ways to find such companies and the stock prices, including the New York Stock Exchange, Google Finance, NASDAQ, and Yahoo! Finance. Describe how you will divide $25,000 across the three companies (e.g. $10,000 in Company 1, $10,000 in Company 2, and $5,000 in Company 3). You decide the amount you are investing in each company. You do not have to provide any analysis to justify your decisions. Provide a reason for picking each company. For example, you might invest in Ford because that company gets a lot of your money and you hear that Ford is doing well, and will continue to do well. Identify the number of shares you are buying, and the price of the shares you are buying for each company. Once you decide the companies and the amount for each company, determine how many shares you can buy. For example, if Company 1 is selling for $42.16, then you may buy $10,000/$42.16, or 237.19 shares. But you cannot buy a part of a share, so you decide to buy either 237 or 238. In this example, you buy 237 shares at $42.16 per share, investing $9,991.92. You wonât be able to buy exactly $10,000, or $5,000, or $25,000, but it will be relatively close. Use at least two quality references. Consider using the sources of information ideas above and/or searching and locating resources from the Strayer University Library. Note: Wikipedia and other websites do not qualify as academic resources. Submit two documents for your journal assignment submission by uploading them to the assignment submission area: Completed Excel template. Completed Word document template with your rationale. Note: This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. The specific course learning outcome associated with this assignment is: Analyze the performance of an investment portfolio over time.
In: Finance
Jessica is a 30 year old immigrant from Mexico City. She and her husband Marco have been in the U.S for the last three years and have finally earned enough money to move out of their aunt home and into an apartment of their own. They are both hard workers. Jessica works 50 hours a week at a local restaurant, and Marco has been contracting side jobs in construction. Six months before their move to an apartment, Jessica finds out she is pregnant. Four months later, Jesssica and Marco arrive at the county hospital, a large, public, nonteaching hospital. A preliminary ultrsaound indicates a pssible abnormality with the fetus. Further scans are conducted and it determind that the fetus has a rare condition in which it has not developed any arms, and will not likely develop them. There is also a 25% chance that the fetus may have down syndrome. Dr. Wilson, the primary attending physician is seeing Jessica for the first time, since she and Marco did not receive earlier prenatal care over concerns about finances. Marco insists that Dr. Wilson refrain from telling Jessica the scan results, assuring him that he will tell his wife himself when she is emotionally ready for the news. While Marco and Dr. Wilson are talking in another room, Aunt Maria walks into the room with adistressed look on her face. She can tell that something is wrong and inquires of Dr. Wilson. After hearing of the diagnosis, she walks out of the room wailing loudly and praying out loud. Marco and Dr. Wilson continues their discussion and Dr. Wilson insists that he has an obligation to Jessica his patient and that she has a right to know the diagnosis of the fetus. He furthermore is intent to discussing all relevant factors and options regrading the next step, including abortion. Marco insists on taking some time to think of how to break the news to Jessica, but Dr. Wilson, frustrated with the direction of the conversation, informs husband that such a choice is not his to make. Dr. Wilson proceeds back across the hall, where he walks in on Aunt Maria awkwardly praying with Jessica and phoning the priest. At that point, Dr. Wilson gently but briefly informs Jessica of the diagnosis, and lays out the option for abortion as a responsible medical alternative, given the quality of life such a child would have. Jessica looks at him and struggles to hold back hers tears. Jessica is torn between her hopes of a better socioeconomic position and increased independence, along with her conviction that all life is sacred. Marco will support Jessica in whatever decision she makes, but is finding it difficult to not view the pregnancy and prospects of a disabled child as aburden and a barrier to their economic security and plans. Dr. Wilson lays out all of the options but clearly makes his view known that abortion is "scientifically" and medically a wise choice is this situation. Aunt Maria pleads with Jessica to follow through with the pregnancy and allow what "God intends" to take place, and urges Jessica to think of her responsibility as a mother. Write a 500-750 word analysis of this situation be sure to address the following questions. Which theory or theories are being used by Jessica, Marco, Maria and Dr. Wilson to determine the moral status of the fetus? Explain? How does the theory determine or influence each of their recommendation for action? What theory do you agree with? How would the theory determine or influence the recommendation for action? Please cite all sources.
In: Nursing
Social Security system is a pay as you go retirement
plan. Money taken from workers checks is
transferred to retirees. At one time there were 42 workers per
retiree; today the ratio is now under 3 to 1.
By 2030, the ratio is expected to fall to 2 to 1. The only way to
keep the current system solvent is to raise
taxes on those currently working or cut benefits to those already
retired. Neither of these options is
particularly pleasant. Another option is now being debated,
privatization. Under this plan, the government
would still deduct money from our checks, but it would be put into
personal retirement accounts under our
own individual (but limited) control.
Carefully read the information below, and then do three things with
the data. (1) Make two columns (one
for costs and the other for benefits) and place each piece of
information in the correct column. (2) Prioritize
each list, from most important to least important. (3) Write a
three-paragraph analysis. Paragraphs one
and two should explain why you feel the top two costs and top two
benefits are the most important. Finally,
paragraph three is your analysis, based on your interpretation of
all the facts listed below, explain whether
you believe we should privatize Social Security or not. The paper
should be word-processed and no
more than one page in length.
1. The stock market has averaged a 7% return on peoplesâ
investments over the last
50 years, which is significantly higher than the 1-2% or less most
will receive
under the current Social Security plan.
2. Many people close to retirement could be harmed by a sudden drop
in the market,
reducing the value of their retirement accounts just when they need
it the most.
3. Any privatization plan would have much higher administrative
costs than our
current transfer program, reducing the potential returns.
4. Disabled workers and widows of workers who die young would see a
reduction in
benefits.
5. Under privatization, people would be more in control of their
own retirement.
6. Social Security is indexed to protect against inflation (there
is a COLA tied to the
CPI), private retirement accounts would not be able to guarantee
this protection.
7. If we try to privatize, the only way to continue to pay for
todayâs retireeâs benefits
and put money into separate accounts for each individual would be
to raise taxes
or cut benefits or both (at least in the short run).
8. Instead of the government simply paying out the collected money
in transfer
payments, this money could now be funneled into investments across
the country
leading to more economic growth.
9. Privatization may lead to a loss of âcommunityâ, the idea that
we are all in the
same retirement plan together.
10. Under privatization, even the poor would have a chance to
invest in the stock and
bond markets normally only available to the wealthy.
11. Some people are concerned that many people are totally
unprepared to choose the
investment strategy best suited to their individual needs. This
could lead to
people making bad choices and having less retirement income.
12. If you die before retirement age the money in the account would
pass to your
heirs, not the government.
In: Economics
1) A budget prepared at a single volume of activity is referred to as a:
A) Strategic budget.
B) Standard budget.
C) Static budget.
D) Flexible budget.
Answer: ___________
2) Select the incorrect statement regarding flexible budgets.
A) Flexible budgets often show the estimated revenues and costs at multiple volume levels.
B) A flexible budget is used to compare actual to budgeted amounts.
C) A flexible budget is also known as a master budget.
D) Standard prices and costs are used in preparing a flexible budget.
Answer: ___________
3) Which of the following income statement formats is most commonly used with flexible budgeting?
A) Sales â Variable costs = Contribution margin; Contribution margin â Fixed costs = Net income
B) Sales â Cost Of Goods Sold = Gross Margin; Gross Margin â Operating Expenses = Net Income
C) Sales â Manufacturing Costs â Selling And Administrative Costs = Net Income
D) None of these answers is correct.
Answer: __________
4) Spark Company's static budget is based on a planned activity level of 45,000 units. At the same time the static budget was prepared, the management accountant prepared two additional budgets, one based on 40,000 units and one based on 50,000. The company actually produced and sold 49,000 units. In evaluating its performance, management should compare the company's actual revenues and costs to which of the following budgets?
A) A budget based on 40,000 units
B) A budget based on 45,000 units
C) A budget based on 49,000 units
D) A budget based on 50,000 units
Answer: _____________
5) Jones Company developed the following static budget at the beginning of the company's accounting period:
|
Revenue (8,000 units) |
$ |
16,000 |
||
|
Variable costs |
4,000 |
|||
|
Contribution margin |
$ |
12,000 |
||
|
Fixed costs |
4,000 |
|||
|
Net income |
$ |
8,000 |
||
If actual production totals 8,200 units, the flexible budget would show total costs of:
A) $8,000.
B) $8,100.
C) $8,200.
D) None of these is correct.
Answer: ________________
6) Static and flexible budgets are similar in that:
A) They both are based on the same per unit variable amounts and the same fixed costs.
B) They both concentrate solely on costs.
C) They both are prepared for multiple activity levels.
D) None of these answers is correct.
Answer: _______________
7) Which of the following applications is most suited for developing flexible budgets?
A) Database
B) Graphics
C) Spreadsheet
D) Word processing
Answer: ___________________
8) When would a variance be labeled as favorable?
A) When actual costs are less than standard costs
B) When standard costs are equal to actual costs
C) When standard costs are less than actual costs
D) When estimated costs are less than actual costs
Answer: _________________
9) When would a variance be labeled as unfavorable?
A) When standard costs are more than actual costs
B) When expected sales are less than actual sales
C) When actual sales are equal to expected sales
D) None of these answers is correct.
Answer: _______________
10) Assuming actual volume is 10,000 units and planned volume is 12,000 units, the sales volume variance in units:
A) Equals 2,000 units unfavorable.
B) Equals 2,000 units favorable.
C) Cannot be determined without additional information.
D) None of these answers is correct.
Answer: __________________
In: Accounting
This week, you will create and implement an object-oriented programming design for your project. You will learn to identify and describe the classes, their attributes and operations, as well as the relations between the classes. Create class diagrams using Visual Studio. Review the How to: Add class diagrams to projects (Links to an external site.) page from Microsoftâs website; it will tell you how to install it.
Submit a screen shot from Visual Studio with your explanation into a Word document, save as a .docx, before submitting it.
Below is the code I am trying to add class diagrams to:
using System;
namespace ConsoleApp8
{
class Program
{
static void Main(string[] args)
{
// display the current date
DateTime d = DateTime.Now;
Console.WriteLine("{0:dd/MM/yyyy HH:mm:ss}", d);
Console.WriteLine("Quiz");
string[] questions = LoadQuestions();
Boolean[] status = { false, false, false, false, false, false, false, false, false };
string[] options = LoadOptions();
string[] key = { "A", "B", "C", "D", "B", "C", "A", "A", "A" };
int noCorrectAnswer = 0;
// iterate through questions
for (int i = 0; i < 9; i++)
{
string choice = DisplayQA(questions, options, i);
// record correct answers
if (choice == key[i])
{
status[i] = true;
noCorrectAnswer++;
}
}
// if all answers are not correct, restart the quiz for wrong
answers
if (noCorrectAnswer < 9)
{
Console.WriteLine("Re-Start
Quiz================================");
Console.WriteLine("Repeat the quiz for wrong answered
questions!");
for (int i = 0; i < 9; i++)
{
if (status[i] == false)
{
string choice = DisplayQA(questions, options, i);
if (choice.Equals(key[i],
StringComparison.OrdinalIgnoreCase))
{
noCorrectAnswer++;
status[i] = true;
}
}
}
}
// display correct answers
Console.WriteLine("Number of correct Answers: " +
noCorrectAnswer);
Console.ReadLine();
}
///
/// display question with answer choices
///
///
///
///
///
private static string DisplayQA(string[] questions, string[]
options, int i)
{
string choice = "";
Console.WriteLine(questions[i]);
Console.WriteLine(options[i]);
Console.Write("Enter the answer: ");
choice = Console.ReadLine();
// keep asking until user enters valid option
while (!(choice.ToUpper().Equals("A") ||
choice.ToUpper().Equals("B") || choice.ToUpper().Equals("C") ||
choice.ToUpper().Equals("D")))
{
Console.WriteLine("\nInvalid value. Please choose valid
option!");
Console.Write("Enter the answer: ");
choice = Console.ReadLine();
}
return choice;
}
///
/// Load question options
///
///
private static string[] LoadOptions()
{
return new string[] { "A. 5\nB. 5\nC. 6\nD. 9",
"A. 2\nB. 7\nC. 6\nD. 9"
,"A. 2\nB. 5\nC. 7\nD. 9"
,"A. 2\nB. 5\nC. 6\nD. 24"
,"A. 2\nB. 1440\nC. 6\nD. 9"
,"A. 2\nB. 5\nC. 12\nD. 9"
,"A. 86400\nB. 5\nC. 6\nD. 9"
,"A. 60\nB. 5\nC. 6\nD. 9"
,"A. 60\nB. 5\nC. 6\nD. 9"};
}
///
/// Load Questions
///
///
private static string[] LoadQuestions()
{
string[] questions ={"How many working days are there in a
week?"
,"How many systems make up the human body?"
,"How many days are there in a week?"
,"How many hours make up one day?"
,"How many minutes make up one day?"
,"How many months are there in a year?"
,"How many seconds make up one day?"
,"How many seconds make up one hour?"
,"How many minutes make up one hour?"};
return questions;
}
}
}
The prgramming language is C# through Visual Studio. Thanks.
In: Physics
We have had Paige & Gentry as our auditors for many years, havenât we, Jane? They have been here since I became president two years ago.â âYes, Bob, I have been the Chief Financial Officer for seven years, and they were here before I came. Why do you ask?â âWell, they were really tough on us during the recent discussions when we were finalizing our year-end audited statementsânot at all like I was used to at my last company. When we asked for a little latitude, our auditors were usually pretty obliging. Frankly, Iâm a little worried.â âWhy, Bob, we had nothing to hide?â âThatâs true, Jane, but letâs look ahead. Weâre going to have difficulty making our forecast this year, and our bonuses are on the line. Remember, we renegotiated our salary/bonus package to give us a chance at higher incentives, and we have to be careful.â âLooking ahead, weâve got a problem with obsolete inventory thatâs sure to come to require discussion for a second year in a row. Weâve got the warranty problem with the electrical harness on midrange machine which is going to cost us a bundle, but we want to spread the impact over the next three years when the customers discover the problem and we have to fix it up. And donât forget the contaminated waste spill we just hadâhow much is that going to cost to clean up, if we ever get caught?â âThese are potentially big ticket items. Bill Paige, the guy who is in charge of our audit, is not going to let these go by. He said the inventory problem was almost material this year and we had to argue really hard. You are a qualified accountant; how can we handle this?â âWell, Bob, we could have some informal discussions with other auditorsâmaybe even the ones at your old companyâto see how they would handle issues like these. The word will get around to Bill and he may be more accommodating in the future, and will probably shave his proposed audit fee for next year when he meets with our Audit Committee next month. If you really wanted to play hardball, we could talk the Audit Committee into calling for tenders from new auditors. After all this time, itâs logical to check out the market, anyway. We would have advance discussions during which we would sound them out on how they would assess materiality in our companyâs case. Our audit fee in getting pretty largeâalmost $50,000 this yearâso some big firms will be really interested.â âJane, letâs play hardball. Get a list of audit firms together for the tender process, and I will approach the Audit Committee. Be sure to list some small firms, including Webster & Co., the firm auditing my old company.â Questions 1. Who are the major stakeholders involved in this situation? 2. What are the ethical issues involved? 3. Is this situation unethical? Why and why not? 4. What should Jane do if Webster & Co. looks like the choice the Audit Committee will make and recommend to the board of directors?
In: Accounting
How Forensic Accountants Are Used in Court and The Benefits or Drawbacks?
Forensic accountants play a vital role in court proceedings by providing expert evidence and shedding light on legal matters pertaining to finance. Furthermore, forensic accountants are professionals whose opinion is taken in high regard in the court of law. In effect, the evidence obtained from forensic accountants is regarded as credible. Therefore, these professionals help the court in upholding fair trials. The benefits derived from forensic accountants are as significant to one party as they are to the opposing one. Thus, the true testimonies given during a court proceeding may affect the defendant positively while unfavorably affecting the plaintiff. Conversely, the accuser may win the case as a result of the evidence provided by a forensic accountant. There is a general strain in regards to the professionalism of forensic accountants in that one may not necessarily get what they wished for when they hire such professionals. In essence, forensic accountants must act professionally, and not give manipulative evidence in a bid to please their clients.
Do you agree the primary purpose of the expert is to be a
"settlement facilitator?"
'An expertâs chief purpose varies with the circumstances under which such expertise is required. While a significant number of cases may end in a settlement, some do not, hence the need for professional advice. The expertâs role in a case entailing a settlement is formulating a neutral ground on which the involved parties can stand. Typically, each party will seek a settlement that mostly favors them. Thus, a forensic account will create not only a reasonable settlement but also fair conditions for all parties involved. Nonetheless, the ultimate goal of an expert is not necessarily offering a settlement platform. A forensic accountantâs chief objective is to elucidate the matter at hand and create room for a clearer understanding of the underlying factors and parameters. In eventuality, the forensic accountant should be able to provide a concise report to the court which must be accurate and fair. If by any chance, the litigation process results in a settlement, the forensic accountant will play a vital role in facilitating such procedures as would be necessary.
What are some benefits of settlement?
Most professionals who advocate for settlements cite avoiding trials as their primary reason. Trials may implicitly bring rise to issues other than the matter at hand. Also, a settlement minimizes cost-related risks of a firm or an individual while upholding confidentiality. In essence, the benefits of an agreement cut across all involved parties. Court proceedings may turn to be vigorous, thereby raising unintended information such as corporate secrets which may negatively harm the oneâs reputation. In cases involving financial matters, the parties in conflict face the risk of facing an uninformed jury insofar as such matters are concerned, should they elect to go to trials. A settlement will go a long way to minimizing such risks.
What is the Voir Dire process and how does the expert qualify to testify?
Voir dire entails an assessment carried out by the court in establishing the reliability and qualifications of an expert witness (âQualifying the Expert Witness: A Practical Voir Dire,â 2007). Usually, the process entails verifications of oneâs credentials to prove their ability to stand in the court of law and give an informed opinion based on their expertise. Moreover, a witnessâs experience in a professional will add weight to their legitimacy in the court. Also, the records of an expert witness must be able to conform to an individualâs and personal conduct. Further, a witness must not have a conflict of interest with the parties involved. Voir dire is aimed at ensuring fairness and reliability of evidence and testimonies during the court proceedings.
Read this post and give me a good response with 150 word.
In: Accounting
QUESTION 28
Current evidence indicates the first humans infected with HIV lived in
|
a. Haiti |
||
|
b. Indonesia |
||
|
c. Africa |
||
|
d. San Francisco |
2 points
QUESTION 29
If nondisjunction occurs in one chromosome pair in meiosis I during gametogenesis, what will be the result at the completion of meiosis?
|
a. All the gametes will be diploid. |
||
|
b. Half of the gametes will have an extra chromosome, and half will be missing one. |
||
|
c. There will be three extra gametes |
||
|
d. Two of the four gametes will be haploid, and two will be diploid. |
2 points
QUESTION 30
What is the reason that alleles of linked genes are usually inherited together?
|
a. They are located close together on the same chromosome. |
||
|
b. The number of genes in a cell is greater than the number of chromosomes. |
||
|
c. Chromosomes are unbreakable. |
||
|
d. Alleles are paired together during meiosis. |
2 points
QUESTION 31
This is the pedigree of a family with dry earwax syndrome, a single gene trait. Individuals with dry earwax often need professional flushing of the ear canals to avoid blockage. Individuals with dry earwax also have less body odor, and are less likely to get breast cancer. Affected individuals are colored circles and squares. Open circles and squares indicate those with normal wet earwax. Based on the pedigree, does this dry earwax appear to be dominant or recessive?
|
a. Dominant: Almost half the family has it |
||
|
b. Recessive: Mostly boys are affected |
||
|
c. Dominant: Every affected parent has an affected child |
||
|
d. Recessive: Unaffected parents can have an affected child |
2 points
QUESTION 32
Which of the following is an example of a genotype?
|
a. Blood type O |
||
|
b. Curly hair |
||
|
c. Dwarfism is defined as an adult 4â 10â or shorter |
||
|
d. Someone has two copies of the allele for brown eyes, BB |
2 points
QUESTION 33
In the table above, what does the word âstopâ mean?
|
a. The ribosome will stop and release the completed peptide |
||
|
b. The RNA polymerase will stop transcribing the gene |
||
|
c. Mutations will not occur here |
||
|
d. Primary transcript modification stops |
2 points
QUESTION 34
Which of the following does not occur in prokaryotic gene expression, but does in eukaryotic gene expression?
|
a. mRNA, tRNA, and rRNA are transcribed. |
||
|
b. RNA polymerase binds to the promoter. |
||
|
c. A poly-A tail is added to the 3' end of an mRNA and a cap is added to the 5' end. |
||
|
d. Transcription can begin as soon as translation has begun even a little. |
2 points
QUESTION 35
Small nuclear RNAs, or snRNAs, have several functions including:
|
a. Preventing translation of mRNAs |
||
|
b. Preventing transcription of new mRNAs |
||
|
c. Cutting out introns during RNA processing |
||
|
d. Preventing the DNA from unwinding |
2 points
QUESTION 36
This pedigree is for a family with Marfan syndrome. Marfan syndrome causes abnormal skeletal growth, long limbs, excessive height and sometimes heart defects. Dark-colored symbols are individuals affected with the disease, light symbols are phenotypically normal. Squares are males, circles are females. Using the pedigree, does Marfan syndrome look like it is dominant or recessive?
|
a. Dominant |
||
|
b. Recessive |
||
|
c. Co-dominant |
||
|
d. Not enough information given |
2 points
QUESTION 37
Which enzyme catalyzes the elongation of a DNA strand in the 5' â 3' direction?
|
a. primase |
||
|
b. DNA ligase |
||
|
c. DNA polymerase |
||
|
d. Topoisomerase |
In: Biology
On 1 July 2018, Parent Ltd acquired all the shares of Son Ltd, on a cum-div. basis, for $2,057,000. At this date, the equity of Son Ltd consisted of:
Share capital â 500 000 shares $ 1,000,000
Retained earnings 500,000
Son Ltd also reported a dividend payable of $100,000 and a recorded goodwill of $50, 000 at the acquisition date. The dividend payable was subsequently paid in September 2018.
At the acquisition date, all the identifiable assets and liabilities of Son Ltd were recorded at amounts equal to fair value except for the following:
| Carrying amount | Fair value | |
| Inventory | 40,000 | 50,000 |
| Plant (cost $500 000) | 300 000 | 350,000 |
Of the inventory on hand in Son Ltd at 1 July 2018, 60 percent was sold in August 2018 and the remainder was sold in June 2019. It was estimated that the plant has a further 5-year life with zero residual value.
Son Ltd was involved in a court case that could potentially result in the company paying damages to customers. At the acquisition date, Parent Ltd calculated the fair value of this liability to be $50,000, even though Son Ltd had not recorded any provision for damages (liability). On 29 June 2020 Son Ltd reassessed the liability in relation to the court case as the chance of winning the case had improved. The fair value on 29 June 2020 was considered to be $30,000.
The company applies the partial goodwill method. The income tax rate is 30%.
During the period 1 July 2018 to 30 June 2020, the following intragroup transactions have occurred between Parent Ltd and Son Ltd:
(T1) On 1 January 2019, Parent Ltd acquired furniture for $100,000 from Son Ltd. The furniture had originally cost Son Ltd $150,000 and had a carrying amount at the time of sale of $80,000. The sale was made on credit. At 30 June 2019, $60,000 was outstanding. At 30 June 2020, $20,000 was still not paid and outstanding. Both entities apply depreciation on a straight-line basis. At 1 January 2019, the furniture had a further five years of useful life, with zero residual value.
(T2) On 1 March 2019, Son Ltd sold inventory costing $12,000 to Parent Ltd for $16,000. On 1 October 2019, Parent Ltd sold half of these inventory items back to Son Ltd for $6,000. Of the remaining inventory kept by Parent Ltd, half was sold in March 2020 to Dingo Ltd at a profit of $400.
Required:
a) Prepare the acquisition analysis at 1 July 2018.
b) Prepare the consolidation worksheet entries at 30 June 2020. Your answer should include: 1. BCVR entries,
2. Pre-acquisition entries, and
3. Intragroup transaction adjustment entries (T1 to T2).
c) The adjusting consolidation entries at 30 June 2019 for the last intragroup transaction (T2) is provided below.
| Sales revenue | Dr | 16 000 | |
| Cost of sales | Cr | 12 000 | |
| Inventory | Cr | 4 000 | |
| Deferred tax asset (30%) | Dr | 1 200 | |
| Income tax expense | Cr | 1 200 |
Explain why the above entries are made for the intragroup transaction (T2) as at 30 June 2019, noting the adjustments to each account separately.
d) Critically analyze the accounting treatment of acquisition related costs in a business combination. For your critical analysis, you could compare with how acquisition related costs are accounted for when a company purchases property plant and equipment. [word limit: 150 words]
In: Accounting
Researchers want to know if there are significant differences in life satisfaction based on college students' overall financial status. In a Word document go thru the 5 steps for hypothesis testing and upload your answer here.
| life satisfaction | financial status |
| 35 | 3 |
| 34 | 2 |
| 31 | 3 |
| 31 | 3 |
| 28 | 3 |
| 28 | 3 |
| 28 | 2 |
| 21 | 2 |
| 29 | 3 |
| 30 | 2 |
| 30 | 3 |
| 29 | 3 |
| 29 | 3 |
| 15 | 2 |
| 30 | 2 |
| 30 | 2 |
| 29 | 3 |
| 20 | 3 |
| 29 | 2 |
| 35 | 3 |
| 22 | 2 |
| 31 | 2 |
| 30 | 3 |
| 30 | 3 |
| 20 | 3 |
| 20 | 2 |
| 27 | 2 |
| 33 | 3 |
| 21 | 2 |
| 27 | 3 |
| 17 | 2 |
| 29 | 2 |
| 24 | 2 |
| 24 | 2 |
| 32 | 2 |
| 22 | 3 |
| 27 | 1 |
| 29 | 2 |
| 30 | 1 |
| 27 | 2 |
| 29 | 2 |
| 26 | 2 |
| 35 | 3 |
| 29 | 2 |
| 29 | 2 |
| 30 | 2 |
| 30 | 2 |
| 17 | 1 |
| 21 | 2 |
| 28 | 3 |
| 27 | 3 |
| 29 | 2 |
| 31 | 3 |
| 29 | 3 |
| 28 | 3 |
| 30 | 3 |
| 26 | 3 |
| 31 | 2 |
| 18 | 2 |
| 19 | 1 |
| 23 | 2 |
| 24 | 3 |
| 23 | 2 |
| 24 | 3 |
| 30 | 3 |
| 30 | 2 |
| 18 | 3 |
| 22 | 1 |
| 29 | 2 |
| 23 | 2 |
| 29 | 3 |
| 24 | 3 |
| 13 | 2 |
| 25 | 2 |
| 23 | 3 |
| 25 | 1 |
| 28 | 3 |
| 30 | 3 |
| 16 | 2 |
| 32 | 3 |
| 17 | 2 |
| 35 | 3 |
| 28 | 3 |
| 29 | 2 |
| 29 | 2 |
| 29 | 2 |
| 29 | 3 |
| 29 | 3 |
| 30 | 2 |
| 28 | 2 |
| 23 | 2 |
| 23 | 1 |
| 27 | 3 |
| 28 | 2 |
| 8 | 2 |
| 27 | 3 |
| 32 | 2 |
| 26 | 3 |
| 29 | 3 |
| 26 | 2 |
| 33 | 3 |
| 33 | 2 |
| 28 | 3 |
| 26 | 1 |
| 35 | 2 |
| 30 | 1 |
| 29 | 2 |
| 30 | 2 |
| 31 | 2 |
| 30 | 2 |
| 35 | 2 |
| 16 | 3 |
| 29 | 2 |
| 19 | 1 |
| 27 | 2 |
| 20 | 3 |
| 29 | 2 |
| 21 | 2 |
| 22 | 1 |
| 18 | 1 |
| 23 | 3 |
| 22 | 3 |
| 26 | 2 |
| 27 | 3 |
| 23 | 2 |
| 26 | 3 |
| 21 | 3 |
| 20 | 2 |
| 24 | 2 |
| 28 | 3 |
| 25 | 1 |
| 25 | 3 |
| 27 | 3 |
| 27 | 3 |
| 30 | 2 |
| 24 | 2 |
| 26 | 2 |
| 27 | 2 |
| 25 | 2 |
| 31 | 3 |
| 31 | 3 |
| 29 | 1 |
| 22 | 1 |
| 25 | 2 |
| 32 | 2 |
| 25 | 2 |
| 29 | 2 |
| 21 | 3 |
| 12 | 1 |
| 35 | 2 |
| 27 | 3 |
| 25 | 3 |
| 28 | 2 |
| 19 | 1 |
| 24 | 1 |
| 23 | 3 |
| 18 | 2 |
| 28 | 2 |
| 18 | 1 |
| 30 | 2 |
| 20 | 3 |
| 25 | 2 |
| 15 | 3 |
| 26 | 3 |
| 26 | 1 |
| 23 | 1 |
| 17 | 1 |
| 29 | 2 |
| 17 | 2 |
| 20 | 3 |
| 29 | 2 |
| 33 | 2 |
| 15 | 2 |
| 11 | 2 |
| 18 | 2 |
| 27 | 3 |
| 22 | 2 |
| 26 | 2 |
| 23 | 2 |
| 35 | 3 |
| 12 | 2 |
| 30 | 3 |
| financial status: 1=over extended, 2=making ends meet, 3=comfortable |
In: Statistics and Probability