Reflect on the following questions in a 150-300 word response:
How do cooperation and sociality in non-human primates compare to humans? In what ways are they similar? In what ways are they different? What is the most surprising thing about cooperation and sociality in non-human primates to you?
Remember to cite your references, as needed.
In: Biology
On May 1, 2018, a company placed (sold) bonds for $ 90 million to 98 (at a 2% discount). The coupon rate is 12%. The issue date was February 1, 2018 and they mature on January 31, 2038. Interest is paid semiannually on July 31 and January 31. What is the amount of the total liabilities originated by this issuance that the company owes on May 1, 2018 after having placed the bonds?
a) 88.2 million
b) 92.7 million
c) 90.9 million
d) 94.5 million
In: Accounting
Using the data below, calculate price index numbers for each of the three years. 2017 is the base year. Then calculate the percent change in the price index from 2017 to 2018, and from 2018 to 2019. Show all your calculations!
Quantity bought 2017 Price 2018 Price 2019 Price
Economics book 4 $150 $175 $200
Accounting book 2 $200 $250 $300
Math book 1 $175 $225 $250
Please show calculations
In: Economics
Question: Schmidt Company issued $100,000, 4%, 10-year bonds payable at 98 on January 1, 2018.
6. Journalize the issuance of the bonds payable on January 1, 2018.
7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line
amortization method) on July 1, 2018.
8. Assume the bonds payable was instead issued at 106. Journalize the issuance of the bonds payable and the payment of the
first semiannual interest and amortization of the bond discount or premium.
In: Accounting
Edible Chemicals Corporation owns a $2 million whole life insurance policy on the life of its CEO, naming Edible Chemicals as beneficiary. The annual premiums are $72,000 and are payable at the beginning of each year. The cash surrender value of the policy was $22,000 at the beginning of 2018.
1. & 2. Prepare the appropriate 2018 journal entries to record insurance expense and the increase in the investment assuming the cash surrender value of the policy increased according to the contract to $28,200. The CEO died at the end of 2018.
In: Accounting
The reported net incomes for the first 2 years of Sandhill Co.
were as follows: 2017, $169,000; 2018, $225,000. Early in 2019, the
following errors were discovered. 1. Depreciation of equipment for
2017 was overstated by $7,900. 2. Depreciation of equipment for
2018 was understated by $15,400. 3. December 31, 2017 ending
inventory was overstated by $20,300. 4. December 31, 2018 inventory
was overstated by $28,300.
Prepare the correcting entry necessary when these errors are
discovered. Assume that the books are closed.
In: Accounting
A retail store specializing in home-appliances acquires a refrigerator from a domestic producer: the transaction costs 400€, and the shop pays it in full amount on December 15, 2017.
A client buys the refrigerator on January 5, 2018 for the total sum of 500€.
What is an impact on GDP of year 2017 of these transactions?
How is a purchase of refrigerator accounted for in the national accounts (GDP) of 2017?
What is an impact on GDP of year 2018 of these transactions?
How is a purchase of refrigerator accounted for in the national accounts (GDP) of 2018?
In: Economics
Filzen Company has a fiscal year end of December 31, 2018. On January 3, 2019 a fire destroys a factory that belongs to Filzen. The fire is not considered an extraordinary event because Filzen produces gun powder; however, it is considered to have a material effect on the financial position of the company. On February 3, 2019, it is determined that the fire has resulted in a $25,000,000 loss to Filzen. On March 31, 2019, Filzen issues it 2018 financial statements. How will the $25,000,000 loss be reported in the 2018 financial statements?
In: Accounting
Trump Corporation sold $180,000 in inventory to Bannon Enterprises during 2017, for $270,000. Bannon resold $108,000 of this merchandise in 2017 with the remainder to be disposed of during 2018.
Required:
1. Assuming Trump owns 25% of Bannon and applies the equity method, prepare the journal entry Trump should have recorded at the end of 2017 to defer gross profit on intra-entity inventory sales.
2. What entry would trump record in 2018 assuming the remainder was disposed during 2018.
In: Accounting
On April 1, 2018, JS Co. sold equipment to JL Co. Service in exchange for a zerointerest bearing note with a face value of €109,000, with payment due in 12 months. The cost of goods sold is € 58,000. The fair value of the equipment on the date of sale was €100,000.
A- Record the entry showing how much revenue should JS Co. record on April 1, 2018.
B- Record the entry showing how much revenue should it report related to this transaction on December 31, 2018.
In: Accounting