On June 1, 2018 Antwerp Company purchased 300 shares of Palmira at a cost of $34 per share. Antwerp is a public company reporting under IFRS. It intends to hold the shares indefinitely, and consequently elects to record the shares using Fair Value Through Other Comprehensive Income (FV-OCI). · On December 31, 2018 the shares have a fair value of $36 per share. · On September 1, 2019, Palmira pays its shareholders a dividend of $4 per share. ·

On December 31, 2019, the shares have a fair value of $37 per share. · On March 31st, 2020 due to cash flow difficulties, Antwerp decides to sell its shares at $35 per share. Required: Write the entries to record all of Antwerp’s transactions from the purchase to the sale of shares using FV-OCI. Assume that Antwerp reclassifies any balance from AOCI when the shares are sold.

Did US, Mexico, or Canada benefit most from NAFTA? Which benefited the least? Explain

From a regulatory theory perspective explain the differences in disclosure requirements for US companies and Australian companies.

On January 1, 2018, a machine was purchased for $100,000. The machine has an estimated salvage value of $6,400 and an estimated useful life of 5 years. The machine can operate for 104,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 20,800 hrs; 2019, 26,000 hrs; 2020, 15,600 hrs; 2021, 31,200 hrs; and 2022, 10,400 hrs.

Compute the annual depreciation charges over the machine’s life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)

On January 1, 2018, a machine was purchased for $100,000. The machine has an estimated salvage value of $6,400 and an estimated useful life of 5 years. The machine can operate for 104,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 20,800 hrs; 2019, 26,000 hrs; 2020, 15,600 hrs; 2021, 31,200 hrs; and 2022, 10,400 hrs.

Compute the annual depreciation charges over the machine’s life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)

Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset’s life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)

Provide the Director of Operations with a memo presenting a short diagnosis of the recent problems that the introduction of new technology has caused in the packaging department.

In this memo you will address the following ideas:

1. The methods of collecting data for OB analysis

2. The conclusions drawn from the data

3. A complete statement of the diagnosis

Pigs R US Corporate Profile (is a company that produces ham)

Current Company Vision: Bringing quality meats to family tables everywhere.

Current Mission: We believe that family and tradition matter. Pigs R Us is a family too and because we believe that family matters, it our commitment to put only quality pork products on your kitchen table just as we would our own.

Current Business Philosophy

As one of the largest worldwide producers of pork products it is the goal of PRU to help improve its international sales. It will now look forward two years as change in business strategy is imperative to keep growing. The need for innovation and competitive edge ideas are the focus for the next two years. Sustainability both for profit and planet is foremost in the minds of the leadership. The development of "green" friendly international delivery strategies will be a main emphasis.  

Current Corporate Culture

PRU has always considered their employees to be like family. They value their input in the business and seek to empower them whenever they can. The current company culture is a hierarchical with a functional underpinning. The growth of the company and the need for structure and communication to keep the global deadlines has caused the Directors to move towards a collaborative culture. They hope that the family feel of the clan culture will not be lost hence the hybrid.

Organizational Structure:

This company has a functional division structure. However, within each division is a functional structure whose make up is dependent on its purpose. For instance, if the branch is a meat packing plant where slaughter takes place than its decision-making flow will follow the jobs that are part of the slaughter and packing processes. Communication and decision making still flows from top down.

'Net foreign factor income' in the national income accounts refers to the difference between
A) the income Americans gain from supplying resources abroad and the income that foreigners earn by supplying resources in the U.S
B) the value of the products sold by Americans to other nations and the value of products bought by Americans from other nations
C) the value of investments that Americans made abroad and the value of investments made by foreigners in the U.S
D) the income earned by the Americans in the US minus the income earned by foreigners in the US

In 2011, New Orleans, Louisiana experienced an aggressive recession as compared to the rest of country. With unemployment rates topping 15%, the city was faced with many challenges financially, economically, and socially.

In addition to the financial challenges, the city was also experiencing political instability and corruption. Various major city officials were being investigated for fraud, bribery, and other criminal charges.

Spark Electric, operating as a natural monopoly, was the only company in the area providing electric services to New Orleans households. Like many other companies, it was experiencing financial difficulties and could no longer continue without some intervention. This was mainly due to high operating costs, foreclosures in the area, and the fact that many households were not paying their bills.

As a result, Spark Electric came to a standstill in the latter part of 2011. Frank Goldberg, Spark Electric CEO, gathered the Board of Directors and determined that the company would need to take some sort of action in order to remain in business.

CEO Goldberg outlined four proposals and urged each board member to vote accordingly, providing justification for their chosen proposal.

The following are the four proposals made by CEO Goldberg:

1.      Choose which of the four proposals you would consider to be the most efficient and best choice for the people of New Orleans. Explain why you believe this would be the best proposal and why the other proposals would not be as effective.

2.      Is competition needed in this situation? How does competition alter the dynamics of the city? How does competition alter the dynamics of the household?

3.      Taking into account that Spark Electric is operating as a natural monopoly, what should be its goal? How should it determine its price?

4.      How should you forecast the outcome for Spark Electric?

5.      What are the different types of risk involved in your proposal choice?

6.      What types of costs should be considered for your proposal?

7.      Did a principle agent problem occur in this situation? How can it be avoided moving forward?

A random sample of 20 students at a university showed an average age of 21.4 years and a sample standard deviation of 2.6 years. The 98% confidence interval for the true average age of all students in the university is?

Enter in the upper limit of your confidence interval