Questions
Why Coca-Cola acquired Costa Coffee instead of Starbucks?

Why Coca-Cola acquired Costa Coffee instead of Starbucks?

In: Finance

desribe how acquired brian injury can affect the family

desribe how acquired brian injury can affect the family

In: Nursing

(8 pts) Endotoxin is a major cause of septic shock. Describe (2 pts) where endotoxin comes...

  1. (8 pts) Endotoxin is a major cause of septic shock. Describe
    1. (2 pts) where endotoxin comes from,

  1. (4 pts) the specific steps the innate and acquired immune system takes to respond to endotoxin in the blood stream. Explain the steps from the recognition of endotoxin by the innate immune system to the response by the acquired immune system.
  1. (2 pts) how the immune system response leads to septic shock.

In: Biology

On January 1, Lorain Corporation had 2,000 shares of $5 par common stock authorized and outstanding....

On January 1, Lorain Corporation had 2,000 shares of $5 par common stock authorized and outstanding. These shares were originally issued at a price of $26 per share. In addition, 500 shares of $50 par preferred stock were outstanding. These were issued at a price of $75 per share. During the year, the following stock transactions occurred:

1. March 3: Lorain reacquired 100 shares of its own common stock at a cost of $24 per share.

2. April 27: It sold 25 shares of the common stock acquired on March 3 for $33 per share.

3. July 10: It sold 25 shares of the common stock acquired on March 3 for $22 per share.

4. October 12: It retired the remaining shares acquired on March 3.

In: Accounting

Exercise 14-09 On June 30, 2020, Indigo Company issued $4,380,000 face value of 14%, 20-year bonds...

Exercise 14-09 On June 30, 2020, Indigo Company issued $4,380,000 face value of 14%, 20-year bonds at $5,039,020, a yield of 12%. Indigo uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) The issuance of the bonds on June 30, 2020. (2) The payment of interest and the amortization of the premium on December 31, 2020. (3) The payment of interest and the amortization of the premium on June 30, 2021. (4) The payment of interest and the amortization of the premium on December 31, 2021. No. Date Account Titles and Explanation Debit Credit (1) June 30, 2020 (2) December 31, 2020 (3) June 30, 2021 (4) December 31, 2021 Show the proper balance sheet presentation for the liability for bonds payable on the December 31, 2021, balance sheet. (Round answers to 0 decimal places, e.g. 38,548.) Indigo Company Balance Sheet $ $ Provide the answers to the following questions. (1) What amount of interest expense is reported for 2021? (Round answer to 0 decimal places, e.g. 38,548.) Interest expense reported for 2021 $ (2) Will the bond interest expense reported in 2021 be the same as, greater than, or less than the amount that would be reported if the straight-line method of amortization were used? The bond interest expense reported in 2021 will be the amount that would be reported if the straight-line method of amortization were used. (3) Determine the total cost of borrowing over the life of the bond. (Round answer to 0 decimal places, e.g. 38,548.) Total cost of borrowing over the life of the bond $ (4) Will the total bond interest expense for the life of the bond be greater than, the same as, or less than the total interest expense if the straight-line method of amortization were used? The total bond interest expense for the life of the bond will be the total interest expense if the straight-line method of amortization were used. Click if you would like to Show Work for this question: Open Show Work

In: Accounting

Coro Ltd makes two products, Quara and Lock. The following data are relevant for the year...

Coro Ltd makes two products, Quara and Lock. The following data are relevant for the year ending 31st December 2020: Material prices Material M GHS2 per unit Material N GHS3 per unit Direct labour is paid GHS10 per hour. Production overhead cost is estimated to be GHS 200,000. Production overhead cost is absorbed into product costs using a direct labour hour absorption rate. Selling and administration overhead is budgeted to be GHS 75,000. Each unit of finished product requires: Quara Lock Material M 12 units 12 units Material N 6 units 8 units Direct labour 7 hours 10 hours The sales director has forecast that sales of Quara and Lock will be 5,000 and 1,000 units respectively during the year 2020. The selling prices will be as follows: Quara GHS182 per unit Lock GHS161 per unit She estimates that there will be opening inventory of 100 units of Quara and 200 units of Lock. At the end of the year 2020, the company does not intend holding any inventory of Quara and Lock. The Production Director estimates that the opening inventories of raw materials will be 3,000 units of M and 4,000 units of material N. At the end of the year 2020, the inventories of these raw materials are to be: M 4,000 units N 2,000 units Statement of financial position extracts for year ended 31st December 2019 are as follows: Inventory of finished goods GHS 15,000 Inventory of Raw materials GHS 20,000 Retained earnings GHS 81,000 The Finance Director advises that the rate of tax to be paid on profits during the year 2020 is likely to be 30%. Required: a. The Managing Director of Coro Ltd is of the view that the budget preparation and presentation process is a waste of resources considering the time and money invested into it. He thinks the cost far outweighs the benefits and the company could still operate effectively without any budget. Do you agree with him? Explain why?

b. The Management Accountant suggested that cash budget need to be prepared in addition to the functional budgets and the budgeted statement of Profit or Loss to make the budgeting process complete. Meanwhile, he claims he does not have enough information to prepare the cash budget. Advise him on the process and sources of information for preparation of a cash budget.

In: Accounting

What does it mean when an acquisition is unable to achieve synergy? a. When a firm...

What does it mean when an acquisition is unable to achieve synergy?

a. When a firm finds itself in extraordinary debt as the result of acquiring another firm

b. When the acquiring firm and acquired firm do not effectively share resources, economies of scale, and economies of scope across the businesses

c. When a firm has too many business units and no clear method of measuring their performance

d. When a firm becomes so large it does not have the economics necessary to manage the complexity of the organization made by the acquisition

Which of the following statements best explains how shareholders are affected by acquisitions?

a. Acquired firms' shareholders often earn above-average returns as a result of acquisitions, whereas acquiring firms' shareholders often earn below-average returns as a result of acquisitions.

b. Acquired firms' shareholders often earn above-average returns as a result of acquisitions, whereas acquiring firms' shareholders often earn returns that are close to zero as a result of acquisitions.

c. Acquired firms' shareholders often earn below-average returns as a result of acquisitions, whereas acquiring firms' shareholders often earn above-average returns as a result of acquisitions.

d. Both acquired and acquiring firms' shareholders often earn above-average returns as a result of acquisitions.

The four determinants of national advantage are factors of production; demand conditions; firm strategy, structure, and rivalry; and:

a. nature and size of domestic market.

b. related and supporting industries.

c. factors of distribution.

d. unrelated industries.

In: Operations Management

Famous Failures in Finance: Shady Trading at Enron Before it was known for its financial problems,...

Famous Failures in Finance: Shady Trading at Enron Before it was known for its financial problems, Enron, a utility firm operating pipelines and shipping natural gas, had become famous as a business pioneer, blazing new trails in the market for trading risk. In the 1980s the price of natural gas was deregulated, which meant that its price could go down and up, exposing producers and consumers to risks. Enron decided to exploit new opportunities in the commodities business by trading natural gas futures. The natural gas futures that traded on the New York Mercantile Exchange did not take into account regional discrepancies in gas prices. Enron filled this void by agreeing to deliver natural gas to any location in the United States at any time. In addition to trading natural gas and other energy contracts, in the late 1990s Enron began trading weather derivatives for which no underlying commodities existed. These were just bets on the weather. Its weather-derivatives transactions were worth an estimated $3.5 billion in the United States alone. Thanks to its near-monopoly position in derivatives products, Enron’s trading business was initially highly profitable. At one point, the company offered more than 1,800 different contracts for 16 product categories, ranging from oil and natural gas to weather derivatives, broadband services, and emissions rights, and it earned 90% of its revenues from trading derivatives. And unlike traditional commodity and futures exchanges and brokers, Enron’s online commodity and derivative business was not subject to federal regulations. However, Enron eventually lost its unique position as the energy business started to mature. When other firms entered the online derivatives-trading business, they competed by charging lower commissions and exploiting the same regional price discrepancies that had been Enron’s bread and butter. Enron’s trading operations became less profitable. To find new markets and products, the company expanded into areas such as water, foreign power sources, telecommunications, and broadband services. The farther it moved from its core businesses of supplying gas, the more money Enron lost. The company sought to hide those losses by entering into more risky and bizarre financial contracts. When financial institutions began to realize that Enron was essentially a shell game, they withdrew their credit. At that point, despite rosy assurances from its founder and CEO Ken Lay, Enron went into a death spiral that ended in bankruptcy on December 2, 2001. In July 2004 Lay was indicted on 11 counts of securities fraud and related charges. He was found guilty on May 25, 2006, of all but one of the counts. Each count carried a maximum 5- to 10-year sentence and legal experts said Lay could face 20 to 30 years in prison. However, about three and a half months before his scheduled sentencing, Ken Lay died on July 5, 2006, while vacationing in Snowmass, Colorado. On October 17, 2006, as a result of his death, the federal district court judge who presided over the case vacated Lay’s conviction.

Please answer the questions.

Critical Thinking Questions: Could the Enron debacle have been prevented? If so, what actions should have been taken by auditors, regulators, and lawmakers? Please respond to the above questions.

In: Finance

Here we are, in the much anticipated 2020, the year wesupposedly achieved Vision 2020. In...

Here we are, in the much anticipated 2020, the year we supposedly achieved Vision 2020. In Malaysia, we have plans, the Shared Properity Vision 2030, Visit Malaysia Year 2020 and a new 12th Malaysian Plan, to chart a new beginning, a new strive for a better Malaysia. Put aside the trade war between US and China, but never in our wildest imagination, that the world economy will be hit by a deadly flu, the coronavirus. There will not be a Visit Malaysia Year 2020. The 12th Malaysian Plan has to be revised and the Shared Prosperity Vision 2030 may be difficult to achieve.


In such a challenging situation, recommend three suggestions how Malaysia can revitalise its economy for a better tomorrow than it is today. Please justify why your suggestion will work to revitalise the economy of Malaysia.



In: Economics

The 2020 inventory data for Garden Corporation’s patio furniture Bermuda set is presented below. Assume that...

The 2020 inventory data for Garden Corporation’s patio furniture Bermuda set is presented below. Assume that Garden uses periodic inventory tracking.

2020 Beginning Inventory (purchased in 2019)

50 units @ $280 per unit

Purchases:

Purchase 1 on 1/20/20

150 units @ $300 per unit

Purchase 2 on 6/15/20

600 units @ $320 per unit

   

Sales:

Sale 1 on 4/8/20

275 units @ $600 per unit

Sale 2 on 9/25/20

430 units @ $600 per unit

When Garden examines the actual units in ending inventory, they see that 15 of the units are from 2020 beginning inventory, 20 units are from the 1/20/20 purchase, and 60 units are from the 6/15/20 purchase.  

  1. In a period of falling prices, which of the following statements is true?
    1. FIFO produces a lower amount of net income than LIFO
    2. LIFO produces a lower cost for ending inventory than FIFO
    3. Average cost produces a higher net income than FIFO or LIFO
    4. LIFO produces a higher cost of goods sold than FIFO
  1. Heavenly Rest, Inc. uses a periodic inventory system. When a warehouse supervisor counts the inventory on December 31, 2019, he accidentally counts one pile of blankets twice, resulting in 2019 ending inventory being overstated by $100,000. The warehouse supervisor counts the December 31, 2020 inventory correctly. Which of the following statements is true related to Heavenly Rest's 2019 and 2020 financial statements?
    1. 2019 Cost of Goods Sold will be understated by $100,000.
    2. 2020 Beginning Inventory will be understated by $100,000.
    3. 2020 Cost of Goods Sold will be overstated by $100,000.
    4. All of the above are true.
    5. Both a and c are true.

  1. On October 28, Unilever sells and ships $100,000 worth of merchandise to Target. The goods are shipped FOB shipping point and arrive at Target stores on November 4. Which of the following statements is TRUE?
    1. The goods are in transit on October 31 so neither company includes the $100,000 as part of its October 31 Inventory balance.
    2. Unilever includes the $100,000 as part of its October 31 Inventory balance.
    3. Target includes the $100,000 as part of its October 31 Inventory balance.
    4. Both companies include the $50,000 as part of their October 31 Inventory balances.

In: Accounting