If a ground water contains H2S at concentration of 2 mg/L, determine the concentration of H2S in head space of a closed tank containing the ground water at at 20 ^oC. Given that for H2S, Henry’s constant (H) is equal to 5.15×10² atm at 20 ^oC.

a) What does the Postclosing Trial Balance represent? What is included in it and why is it important?

b) What are the temporary accounts and why are they closed each period?

c) Describe the closing entries and prepare them in proper form?

d) Identify the steps in the accounting cycle.

Organizations are currently open systems. Why are organizations considered open systems as opposed to closed systems? Explain various concepts/ways that help organizations be or become open systems. How can organizations remain open when the world is asked to socially isolate?

Water is flowing at 4.00m/s in a 12.00mm diameter pipe under a pressure of 2.000*10^4 N.m^2 in the basement is part of a closed system. What is pressure and speed of the water in a 7.00mm diameter pipe at the top of the 40.0m building? As clearly as possible please!

blake closed his business on april 1 2018 he had no carrryovers losses and all assets were fully depreciated if blake elects to use the office in home simplified method what amount of his schedule c net profit or loss

In July 2020, Delta Air Lines reported earnings for the second quarter of 2020. Delta’s CEO Ed Bastian stated “[d]emand has stalled as the virus has grown...coupled with the quarantine measures”. Delta’s posted a $5.7 billion net loss in the second quarter. Which of the following is correct?

• A. Delta's accounting profit is -$5.7 billion with a lower economic profit.
• B. Delta's accounting profit is -$5.7 billion with a higher economic profit.
• C. Delta's economic profit is -$5.7 billion with a lower accounting profit.
• D. Delta's economic profit is -$5.7 billion with a higher accounting profit.
• E. None of the above.

Fernandez Corp. invested its excess cash in securities during 2020. As of December 31, 2020, the securities portfolio consisted of the following common stocks. Security Quantity Cost Fair Value Lindsay Jones, Inc. 1,000 shares $15,000 $21,000 Poley Corp. 2,000 shares 40,000 42,000 Arnold Aircraft 2,000 shares 72,000 60,000 Totals $127,000 $123,000 Correct answer iconYour answer is correct. What should be reported on Fernandez’s December 31, 2020, balance sheet relative to these securities? What should be reported on Fernandez’s 2020 income statement? (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Fernandez Corp. Balance Sheet (Partial) Equity Investments $ 123,000 Income Statement Unrealized Holding Gain or Loss - Income $ 4,000 eTextbook and Media List of Accounts Correct answer iconYour answer is correct. On December 31, 2021, Fernandez’s securities portfolio consisted of the following common stocks. Security Quantity Cost Fair Value Lindsay Jones, Inc. 1,000 shares $15,000 $20,000 Lindsay Jones, Inc. 2,000 shares 33,000 40,000 Duff Company 1,000 shares 16,000 12,000 Arnold Aircraft 2,000 shares 72,000 22,000 Totals $136,000 $94,000 During the year 2021, Fernandez Corp. sold 2,000 shares of Poley Corp. for $38,200 and purchased 2,000 more shares of Lindsay Jones, Inc. and 1,000 shares of Duff Company. What should be reported on Fernandez’s December 31, 2021, balance sheet? What should be reported on Fernandez’s 2021 income statement? (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Fernandez Corp. Balance Sheet (Partial) Equity Investments $ 94,000 Fernandez Corp. Income Statement (Partial) Loss on Sale of Investments $ 1,800 Unrealized Holding Gain or Loss - Income 38,000 eTextbook and Media List of Accounts New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct. On December 31, 2022, Fernandez’s securities portfolio consisted of the following common stocks. Security Quantity Cost Fair Value Arnold Aircraft 2,000 shares $72,000 $82,000 Duff Company 500 shares 8,000 6,000 Totals $80,000 $88,000 During the year 2022, Fernandez Corp. sold 3,000 shares of Lindsay Jones, Inc. for $39,900 and 500 shares of Duff Company at a loss of $2,700. What should be reported on the face of Fernandez’s December 31, 2022, balance sheet? What should be reported on Fernandez’s 2022 income statement? (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Fernandez Corp. Balance Sheet (Partial) Equity Investments $ 88,000 Fernandez Corp. Income Statement (Partial) Loss on Sale of Investments $ 10,800 Unrealized Holding Gain or Loss - Income____?

Please, I need the following indicators for Mexico 2020 and Peru 2020, if you can provide numbers from a trustworthy website.

·        Flexibility of Exchange rate: fixed or flexible?

·        Size of Current Account Deficit: large or small?

·        Size of Budget Deficit: large or small?

·        Amount of Foreign Reserves: small or large?

·        Amount of Foreign Debt: large or small?

Political Risk: high or low?

Select Corporation was incorporated on January 2, 2020. The following information pertains to Select Corporation’s 2020 common stock transactions. Net income: $330,000. Convertible Preferred stock, 5%, cumulative, 5,000 shares, $10 par value per share. Preferred dividends declared in 2020: $0

Jan. 2 Number of shares authorized . . . . . . . . . . . . . . . . . . . . . 250,000

Jan. 2 Number of shares issued . . . . . . . . . . . . . . . . . . . . . . . . 85,000

Jul. 1 Number of shares reacquired but not canceled . . . . . . . 5,000

Sept. 1 Two‑for‑one stock split

Dec. 1 Reissued shares of treasury stock . . . . . . . . . . . . . . . . . 5,000

XYZ Co. began operations on January 1, 2020. Financial statements for 2020 and 2021 contained the following errors:

                                        Dec. 31, 2020             Dec. 31, 2021   

     Ending inventory $198,000 overstated $219,000 understated

     Depreciation expense 126,000 overstated               —

No corrections have been made for any of the errors. Ignore income tax considerations.

The total effect of the errors on the balance of XYZ’s retained earnings at December 31, 2021 is overstated or understated by          _______