Following are selected balance sheet accounts of Headland Bros. Corp. at December 31, 2020 and 2019, and the increases or decreases in each account from 2019 to 2020. Also presented is selected income statement information for the year ended December 31, 2020, and additional information.

Additional information:

Determine the category (operating, investing, or financing) and the amount that should be reported in the statement of cash flows for the following items.

One amount is missing in the following trial balance of proprietary accounts, and another is missing from the trial balance of budgetary accounts of the Save Our Resources Commission of the federal government. This trial balance was prepared before budgetary accounts were adjusted, such as returning unused appropriations. The debits are not distinguished from the credits.

In completing the assignment, assume that all assets are entity assets, Fund Balance with Treasury is an intragovernmental asset, and all other assets are governmental. Also, assume that Other Appropriations Realized—2019 were zero.

Required

1. Prepare the Statement of Budgetary Resources of the Save Our Resources Commission for 2020.

I have been able to separate out the Preclosing Trial Balance into debits and credits and came up with a funds balance of $330,000 and an other appropriations of $4,913,000. The text provides a similar Statement of Budgetary Resources, but I can't seem to get it to work

The table provided is as follows (bold lines are the blanks that need to be filled in):

Budgetary Resources:

Budgetary Authority

Status of Budgetary Resources:

New Obligations & Upward Adjustments

Total Status of Budgetary Resources

Changes in Obligated Balance

Unpaid Obligations, Beginning of the Year

New Obligations & Upward Adjustments

Outlays (Disbursements)

Unpaid Obligations, End of Year

1. Is there any economic merit in understanding how the EU works and its legacy? Discuss

2. Measure how the EU has attained its goals and values since 60 + years of its inception.

3. Bureaucracies, such as the EU always take time to reform. With an understanding of some of the key institutions, state and justify which branch you believe should be reformed urgently and propose options as to what best remedies should be put in place.

4. What arguments would you put forward to an EU official to counterbalance an enthusiastic official from an independent emerging economic nation stating, “…We shall always be a small minority in the world, but, when a small nation accomplishes something with its limited means, what it achieves has an immense and exceptional value,…”(Quotation by Tomas Garrigue Masaryk 1850 – 1937, chief founder and first president of Czechoslovakia)?

1.) Barnes Medical Center purchased an x-ray machine on December 1, 2018, for $120,000. The machine has an $87,000 accumulated depreciation. On January 1, 2020, it is sold for $40,000. Record the sale of the x-ray machine. (4 pts.) Use the space provided to type in your journal entry, following the correct general journal format. Please note, debit account title(s) must be listed in the first line, then on the next line(s) credit account title(s).

2.) Grey Landscaping purchased an L-mower with a cost of $8,500. The current book value is $2,500. On January 1, 2020, it is sold for $1,750. Record the sale of the L-mower. Use the correct general journal format.

3.) On December 1, 2020, Gene Furniture traded its old cash register in for a new cash register. The old cash register had cost $3,500 originally, but currently has a book value of $500. The new cash register has a list price of $4,800. Ogle Furniture was granted an $800 trade-in allowance for the old cash register and paid the difference. Use the correct general journal format.

4.) Rover Furniture purchased equipment on January 1, 2018, for $50,000, with a $5,000 salvage value and a 9-year life. Laramie uses straight-line depreciation. Depreciation has been recorded through December 31, 2020. On April 1, 2021, the equipment is sold for $22,000. Record all necessary transactions on April 1st. Use the correct general journal format.

5.) On October 1, 2020, Lance Company exchanged a delivery vehicle with a cost of $64,000 and a book value of $42,000, plus cash of $17,000 for a new delivery vehicle. The old vehicle had a fair value of $38,000. Prepare the journal entry to record the exchange of assets. Use the correct general journal format.

6.) On October 1, 2020, the Lance Company ledger shows Equipment with a balance of $100,000 and Accumulated Depreciation – Equipment of $50,000. Straight-line depreciation has been used for the asset which had a 9-year useful life, and salvage of $10,000. On this date, the company concludes that the equipment has a remaining useful life of only 3 years with a $2,000 salvage value. Compute the revised annual depreciation.

Take the perspective of the CEO of a large healthcare system that owns its own managed care health plan. Describe three major ways that you could improve the quality of healthcare in your organization. Critique your solutions regarding the extent to which your solution may cause other problems to surface [what kind?], and the extent to which you as the CEO should have the responsibility and power to implement these changes.

Prepare a research paper of 3-4 pages in length

From the data set and the research question that has been presented, prepare a research paper in the following format.

1. Your introduction

3. Test Methodology Used

4. Analysis (meaning) of the data

5. Outcomes

6. Summary.

Research question:

Why has the number of Covid- 19 (Corona Virus) cases continued to be on the increase in India despite massive sensitization by the government?

The Business of Video Games Recently, the Global Games Market Report was released to explore the market trends shaping and driving the landscape of the game, and further zoom in on the latest developments per segment and region for the upcoming year and beyond. The report indicates that the way consumers engage with and through games is constantly changing that leads to entirely new segments of game enthusiasts. There are now more than 2.5 billion gamers across the world. Combined, they would spend $152.1 billion on games in 2019, representing an increase of +9.6% year on year. According to the newest report, the U.S. has overtaken China as the world’s largest gaming market by revenues. Overall, the U.S. games market would generate $36.9 billion in 2019, predominantly driven by its +13.9% growth in console game revenues. Among top 10 video game publishers by game revenues, major US companies are Sony, Apple, Microsoft, Nintendo, Google, Activision Publishing (AP), and Electronic Arts (EA). Video games are played on various platforms of smartphone, console, boxed, tablet and browser. Console will be the fastest-growing segment this year, growing +13.4% year on year to $47.9 billion in 2019. If we break that prediction down by platform, the largest segment, 36%, will be generated by smartphone games, while the smallest segment of the market, 2%, will go to Browser PC Games. The prediction is that browser-based games will continue to lose market share over the next few years. The total market share has console games accounting for 32% of the revenue and will actually grow faster than smartphone games in the coming years. Regardless of this increased growth console games will not overtake smartphone games any time soon. So, what does this all mean for the future of gaming publishers in the US market? Smartphone game development will continue to be explosive. With this much potential behind it, every game developer will be looking for an investment in the next big game. Also, you can probably look forward to critical improvements of gaming platforms that can blow your minds in the next year or two. In addition, you can expect a new generation of gamers from millennials to Z fairly soon and that might be for a big change. As the CEO of a gaming publisher, you are supposed to perform a five forces analysis of the online video game industry. Use search engine or other information sources to answer the following questions.

2. Explain the competition among your major rivalry, bargaining power of buyers, bargaining power of suppliers, threat of new entrants, and threat of substitutes. Hint: you can use SWOT to get insight of these forces if necessary.

4. How has your company used information systems to compete more effectively and/or efficiently? Hint: break down the information systems into its four components and then explain how the company utilize the four components. Alternatively, apply the value chain to explain how information systems help primary and support activities to add values.

Jetta production cost in 2002 and 2003 was 14,000 Euro per Jetta. Jetta sold in US at $15,000 in 2002 and 2003. Forward hedge exchange rate was 1 $/Euro in 2003. Rate without hedge (i.e. market exchange rate) was 1.25$/Euro in 2003. If 10,000 Jetta were sold in US, in 2003, by 70% forward hedge and 30% not hedged. What would be profits or loss from sales of 10,000 Jetta in US? (the answer is 1.0 million Euro, please show work on how to get this answer )

QUESTION 5: INTERNATIONAL TRADE

“Although misguided, fears of an open economy are understandable in the current environment. Open economies have lifted billions of people out of poverty and have immeasurably increased the living standards of Australians. But they also mean that global shocks and even problems in one country can quickly become a problem in ours. This is the downside of openness, and we are currently living it. But while some wariness is understandable, this should not blind us to the long-run benefits of openness, particularly when it will be so vital to our recovery.” (Trigg, April 9 2020)

Discuss the economic basis of international trade and why international trade is considered an important driver to economic recovery for Australia post CoVID-19.

300-400 words please

As Surfboard Co. fiscal year-end was nearing, the CFO presented the CEO expected financial statement results for the year. The after-tax operating income (OI) was to be $43.7 million resulting in a return on beginning-of-period net operating assets (NOA) of 19.0 percent. “This won’t do!,” declared the CEO. “The Street is expecting a 20.0 percent RNOA,” the CEO continued and sent the CFO back to her office to find any “accounting tricks” to meet the target.

A. How much after-tax operating income does the CFO need to add to meet the Street’s expectations?

B. What is the likely effect of the earnings management on NOA in the current year and its implication for RNOA the following year?

C. Explain how, in general, a manipulation of current operating income has an “accounting effect,” but does not have a “valuation effect.”