Questions
2. Briefly discuss how important us strong vs weak tie social capital to the following two...


2. Briefly discuss how important us strong vs weak tie social capital to the following two start up company: a new restaurant and e commerce platform.
3. what is the benefit of forming entrepreneurial team when starting a company? is a more diverse team better than a team with similar members for a business venture?

In: Economics

The ledger of Crane Corporation at November 30, 2021, contains the following summary data: Cash dividends—common...

The ledger of Crane Corporation at November 30, 2021, contains the following summary data:

Cash dividends—common
$60,500 Operating expenses $1,101,000
Cash dividends—preferred
25,000 Other comprehensive income—loss on
equity investments (before income tax)
71,000
Common shares
315,500 Rent revenue 39,000
Cost of goods sold
7,190,000 Preferred shares ($5 noncumulative) 381,000
Depreciation expense
341,000
Retained earnings, December 1, 2020 732,000
Sales
9,011,000

Your analysis reveals the following additional information:

1.
The company has a 25% income tax rate.
2.
The communications devices division was discontinued on August 31. The profit from operations for the division up to that day was $15,200 before income tax. The division was sold at a loss of $70,500 before income tax.
3.
There were 200,000 common and 5,000 preferred shares issued on December 1, 2020, with no changes during the year.

part
(a)
Prepare a multiple-step income statement for the year.

In: Accounting

PART B (8 marks) Quality Construction Company (QCC) successfully secured the contract to build a new...

PART B

Quality Construction Company (QCC) successfully secured the contract to build a new community centre for the City of Burnaby. The total fixed contract price is $25.0 million.

The following schedule indicates (for the three-year period during which construction took place) the costs incurred to date, the estimated costs to complete the community centre complex, and the amount of cash received scheduled to be received from the City of Burnaby. According to normal practice in the industry, the final 10% of the contract price is not paid until a few months after the construction is completed.

2019

2020

2021

Cash payments

$4,000,000

$15,000,000

$6,000,000

Costs incurred to date

(cumulative)

$6,500,000

$14,000,000

$24,000,000

Estimated costs to complete at end of applicable year

$16,000,000

$14,000,000

$0

Required:

     

Calculate the amount of revenue, costs and any other amounts that QCC should recognize in 2020 and 2021 using the percentage of completion method. Carry calculations of percentage completed to FOUR decimal places.

In: Accounting

The ledger of Crane Corporation at November 30, 2021, contains the following summary data: Cash dividends—common...

The ledger of Crane Corporation at November 30, 2021, contains the following summary data:
Cash dividends—common $71,500 Operating expenses $1,123,000
Cash dividends—preferred 25,000 Other comprehensive income—loss on
equity investments (before income tax)
93,000
Common shares 326,500 Rent revenue 61,000
Cost of goods sold 7,410,000 Preferred shares ($5 noncumulative) 403,000
Depreciation expense 363,000 Retained earnings, December 1, 2020 754,000
Sales 9,033,000

Your analysis reveals the following additional information:
1. The company has a 25% income tax rate.
2. The communications devices division was discontinued on August 31. The profit from operations for the division up to that day was $19,600 before income tax. The division was sold at a loss of $81,500 before income tax.
3. There were 200,000 common and 5,000 preferred shares issued on December 1, 2020, with no changes during the year.

(a)

Prepare a multiple-step income statement for the year.

In: Accounting

Based on the following transactions, calculate the revenues, expenses, and net income that would be reported...

Based on the following transactions, calculate the revenues, expenses, and net income that would be reported on (a) the cash basis and (b) the accrual basis:

  • i. Inventory costing $70,000 was purchased on account.
  • ii. Inventory costing $60,000 was sold for $100,000. Eighty percent of the sales were for cash.
  • iii. Cash collected from credit customers (those who bought on account) totalled $20,000.
  • iv. A lease was signed at the beginning of the year, requiring monthly payments of $1,000. The rent for the first month was paid when the lease was signed. After that, the $1,000 rent was paid on the last day of each month, to cover the following month.
  • v. Supplies costing $5,500 were purchased for cash. At the end of the year, $500 of the supplies were still unused.
  • vi. Wages of $37,500 were paid during the year. Also, wages of $500 remained unpaid at year end.

2. The company declared dividends of $7,000 on December 15, 2020, to be paid on January 15, 2021. Does this transaction affect Cash in 2020? How should it be recorded?

In: Accounting

What is red tide? Walsh and Carder of University of South Florida attribute red tide to...

What is red tide? Walsh and Carder of University of South Florida attribute red tide to dust from Saharan desert storms. They observe that during red tide, a bacterium called Trichodesmium converts nitrogen in the water to a form that algae can use. Link these observations with what you have learned in class.

In: Biology

1)What is Balance scorecard (BSC)? 2)Any differences of BSC from one university to another? Discuss why...

1)What is Balance scorecard (BSC)?

2)Any differences of BSC from one university to another? Discuss why or why not.

3)If our vice-chancellor wants to improve the university’s goal and performance, what are the characteristics that he has to take to achieve the goals (base on BSC). Give specific examples.

In: Accounting

You are an intern in the Cybersecurity Operations Office for the new National Youth Social Media...

You are an intern in the Cybersecurity Operations Office for the new National Youth Social Media Administration. You just graduated from the Webster University Cybersecurity Program and you want to impress your supervisors in order to have a greater opportunity for a promotion. Discuss your proposal for a Cybersecurity strategy for this new national office.

In: Computer Science

Scenario: You have been hired as an IT consultant by an entrepreneur starting a small advertising...

Scenario: You have been hired as an IT consultant by an entrepreneur starting a small advertising company called MilleniAds. As a start-up, your client’s company is relatively small and has a limited budget. There are only 10 employees, including a few creative directors, graphic designers, sales staff, a financial accountant, and an office administrator, with the entrepreneur acting as CEO. The current IT budget cannot exceed $25,000 and ideally should come in as far under that number as possible. MilleniAds will produce customized sales flyers, brochures, and other branded items, such as letterhead and business cards, that apply a youthful, fresh perspective targeting millennial demographics. Therefore, the company needs the ability to store and manipulate digital images and to produce physical copies of their products for their clients. The CEO wants to keep track of inventory, sales, and expenses digitally, but she does not anticipate having very complex records for the first year. She projects having only a dozen or so accounts but hopes to scale up in the coming years. It would be ideal to have a simple and user-friendly system for sharing information and files between employees. Many of the employees are millennials themselves who have indicated that their current desktop PCs are limiting their capabilities and that they prefer using their phones and other mobile devices for their professional and personal responsibilities. Two of the 10 employees will operate primarily outside of the office, soliciting business from regional firms, and they will need to access company information while on the road, in their home offices, and at customer sites. Beyond the specific information given above, you have the ability to fill in the gaps with assumptions or additional details that will make your final project unique and meaningful to you. If you have any questions, reach out to your instructor for guidance.

II. Hardware Components A. Examine the business’s issues to determine specific hardware requirements. Based on these issues, what are the major categories and components of hardware that should be considered? Identify each of the applicable requirements (hard drive storage, video cards, etc.), being sure to cite specific examples wherever appropriate. B. Then, compare and contrast the various options for meeting the requirements. Be sure to cite specific evidence from the component specification fact sheets to support your evaluation. What are their functional strengths and weaknesses? How do they compare in terms of cost and maintainability? C. Compose a final list detailing all of your specific hardware recommendations for your client. Be sure to logically justify your proposal as the best possible choice for meeting the business requirements.

In: Computer Science

Well-Developed explanation: Marketing Plan for Hasbro Company to advertise their GI Joe Line. 1. Summarize a...

Well-Developed explanation: Marketing Plan for Hasbro Company to advertise their GI Joe Line.

1. Summarize a whole plan on Advertising GI Joe Toy Line.

2. Introduction of GI Joe Toy Line with a vision and goal presented to Hasbro Company.

3. Summarize Marketing Mix: ( Product, place, pomotion and price ) the 4 P's.

Company Info : https://corporate.hasbro.com/en-us/community-relations

In: Economics