Questions
According to the National Automobile Dealers Assoc., 75% of U.S. car dealers' profits comes from repairs...

According to the National Automobile Dealers Assoc., 75% of U.S. car dealers' profits comes from repairs and parts sold. However, many of the dealerships' service departments aren't open evenings or weekends. The percentage of dealerships opened during the evenings and weekends are as follows:

Time Dealerships are Open Percentage of Dealerships
Weekends but not evenings 36.4
Evenings but not weekends 14.1
Both evenings and weekends 12.8
a. Are the listed times mutually exclusive?
b. What is the probability that a car dealership selected at random is not open in the
     evenings or on the weekends?
c. Suppose two car dealerships, say, Dealership A and Dealership B, are each selected at
     random from car dealerships in the United States. What is the probability that both are open
     in the evenings but not on the weekends, or that both are open on the weekends but not in
     the evenings?
d. For the two dealerships in part c, what is the probability that Dealership A is open in the  
     evenings but not on the weekends, and Dealership B is open on the weekends but not in the
     evenings?
e. For the two dealerships in part c, what is the probability that one of them is open in the  
     evenings but not on the weekends, and that the other is open on the weekends but not in the
     evenings?

In: Math

One theme in this module is the perceived tension between free exercise of religion (guaranteed under...

One theme in this module is the perceived tension between free exercise of religion (guaranteed under the 1st amendment to the Constitution) and equal protection under the law (guaranteed by the 14th amendment to the U.S. Constitution).

Excerpt from 1st Amendment to the U.S. Constitution
“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.”


Excerpt from Section 1 of the 14th Amendment to the U.S. Constitution
“No state shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any state deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.”

In short, which is more at risk: freedom of religion OR equality of all people under the law? Explain your answer.

In: Psychology

The following data on flight delays for United and Southwest is provided: What is the 98%...

  1. The following data on flight delays for United and Southwest is provided:
    1. What is the 98% confidence interval for the difference in flight delays from United to Southwest?
    2. What is the test statistic for testing to see if there is a significant difference in the number of delays?

Airline

United

Southwest

Sample Size

40

42

Average Number of Delays per Month

141

361

Population Standard Deviation

270

402

In: Statistics and Probability

Hi I have to answer following questions regarding my research paper. Note that this question is...

Hi I have to answer following questions regarding my research paper. Note that this question is about Coca Cola company operations in United Arab Emirate.

1) Who carries the bottling function for coke in United Arab Emirates?

2) Which product of coca cola has the highest sales and the sales about their other products in United Arab Emirates?

In: Economics

The following information is available for a corporation: January 1st, 2020 Shares outstanding: 1,250,000 April 1,...

The following information is available for a corporation:

January 1st, 2020 Shares outstanding: 1,250,000

April 1, 2020 Shares Issued: 200,000

July 1, 2020 Purchased Treasury Stock 75,000

October 1, 2020 Issued a 2 for 1 stock split

The number of shares to be used in computing earnings per common share for 2020 is

A) 2,737,500

B) 2,825,500

C) 2,725,000

D) 1,706,250

In: Accounting

Discuss Acquired Immune Deficiency Syndrome

Discuss Acquired Immune Deficiency Syndrome

In: Anatomy and Physiology

Our textbook specifically discusses our country's lack of preparedness for a pandemic in Chapter 13, page...

Our textbook specifically discusses our country's lack of preparedness for a pandemic in Chapter 13, page 274 under the "Epidemics, Ethics, and Public Health" heading. Much has been discussed by public health officials in articles and news stories in the past few months regarding the lack of official expert forums, epidemic protocols, and medical supplies prepared for such a disaster as we are now experiencing, albeit at a global level. As aptly predicted in the quote below, the US medical community was waylaid by the effects of the global pandemic caused by Coronavirus.

"In the United States, response to the influenza pandemics across all 50 states involved the development of emergency policies and plans for future influenza outbreaks; however, only 6 states had written guidelines for ethical decision-making in such emergencies. Scholars have noted that this low number is concerning because of the ethical responsibilities around medication rationing, isolation, and quarantine that often occur during pandemics. To better prepare for future disease outbreaks, governments should have predetermined ethical decision-making procedures for public health agencies to follow in emergencies." (Morrison & Furlong, 2019).

Please consider the following in your discussion board post:

  1. Read the following article discussing the ethical and legal responsibilities to our communities in light of the novel Coronavirus pandemic: "Responding to COVID‐19: How to Navigate a Public Health Emergency Legally and Ethically."
  2. Create a discussion board post expounding on one way the textbook chapter mentions a learned public health strategy (from past epidemics or pandemics) or suggested overall changes to epidemic/pandemic preparedness that the US did not take into practice (prior to the start of the Coronavirus pandemic) based on the article above. Discuss any personal experience you have had working in the healthcare industry during this time; please be sure to observe all HIPAA laws regarding patient identifiers or your specific facility name.

In: Nursing

Ben Apple is employed at Bakers Biscuits CC which has a financial year end of 30th June every year. The following information relates to Ben’s 2022 year of assessment:

Ben Apple is employed at Bakers Biscuits CC which has a financial year end of 30th June every year. The following information relates to Ben’s 2022 year of assessment: Taxable income from employment N$355 000 Income from sales of the woodwork – April 2016 N$50 000 Retirement annuity fund contributions, N$55 0000 Bakers Biscuits CC had a taxable income of N$560 000 in 2020 and N$590 000 in 2021. The entity foresees that taxable income will grow by 20% during the 2022 year of assessment. The entity acquired new manufacturing equipment worth N$900 000 in December 2021. This acquisition was not accounted for in the taxable income prediction. No other significant transactions took place during the year of assessment. Required: Carefully consider the options below and choose the correct option. 

1. The amount to be deducted as PAYE from Ben Apple’s salary for the 2022 year of assessment is: 

a. N$63 200 once per annum 

b. N$53 200 once per annum 

c. N$49 170 once per annum 

d. None of the above 

2. The 1st provisional tax payment if he wants to pay the minimum amount and avoid any penalties and interest, will be: 

a. Payable on 31 August 2021 and will be N$29 200 

b. Payable on 30 September 2021 and will be N$36 500 

c. Payable on 31 August 2021 and will be zero 

d. None of the above 

3. The 3rd final top-up payment, if he paid N$1 000 as a 1st and N$2 000 as a 2nd provisional tax payment, will be: 

a. N$6 800 

b. N$14 000 

c. N$11 000 

d. None of the above 

4. Mr. Ben’s tax return with the final top-up payment is due on: 

a. 31 August 2022 

b. 30 September 2022 

c. 28 February 2022 

d. None of the above 

5. The taxable income for Bakers Biscuits CC for the 2022 year of assessment will be: 

a. N$408 000 

b. N$708 000 

c. N$558 000 

d. None of the above

6. The payment dates for provisional tax for Bakers Biscuits CC for the 2022 year of assessment will be: 

a. 31 December 2020, 30 June 2021, and 31 January 2022 

b. 30 August 2020, 28 February 2021, and 30 September 2022 

c. 31 December 2020, 30 June 2021, and 30 January 2022 

d. None of the above

In: Finance

The following information pertains to United Ways, a private voluntary health and welfare organization, for the...

The following information pertains to United Ways, a private voluntary health and welfare organization, for the year ended December 31, 20X3.

Balances in net assets at January 1, 20X3: Without Donor Restrictions$3,020,000

With Donor Restrictions 11,025,000

The following transactions occurred during the year ended December 31, 20X3:

  1. Received cash donations of $508,000 from donors who did not place any time or purpose restrictions on them.
  2. Received $1,019,000 of pledges from donors to be received in 20X4; it was estimated that 6 percent of the pledges would not be collected. Donors did not place any restrictions on the use of their pledges.
  3. Earned investment income of $212,000 on endowment investments that donors permanently restricted for research activities.
  4. Designated $227,000 of the $510,000 of cash donations received in 20X3 for computer acquisitions.
  5. Spent $158,000 of the $212,000 of investment income earned on endowment investments on research during the year ended December 31, 20X3. (This amount is included in the $251,000 for research expenses shown in the following table.)
  6. Acquired $117,000 of equipment from donations made in 20X2 that donors had restricted for that purchase. The governing board of United Ways reports acquisitions of capital assets as unrestricted.
  7. Received donated audit services from the organization’s accounting firm that would have cost $16,400.
  8. Learned that the fair value of endowment investments was $619,000 higher at the end of 20X3 than at the beginning. United Ways did not acquire or sell any endowment investments during 20X3 and treats gains and losses on endowment investments as permanently restricted.
  9. Incurred program and supporting services expenses during 20X3 as follows (depreciation expense for 20X3 has been properly allocated to the functional expenses
  10. Research$251,000 Public health education 101,400
  11. Community services 149,700
  12. Management and general (does not include the audit that was donated) 124,800
  13. Fund-Raising 114,500
UNITED WAYS
Statement of Activities
For the Year Ended December 31, 20X3
Without Donor Restrictions With Donor Restrictions Total
Revenues, gains and other support:
Contributions $508,000 $508,000
Investment income 831,000 831,000
Donated services 16,400 16,400
Net assets released from restriction:
Program use restrictions 158,000 (158,000) 0
Equipment acquisitions 117,000 (117,000) 0
Total revenues, gains and other support $799,400 $556,000 $1,355,400
Program and supporting services expenses:
Research $251,000 $251,000
Public health education 101,400 101,400
Community services 149,700 149,700
Management and general 141,500 WRONG 141,500
Fund-raising 114,500 114,500
Total expenses $758,100 $0 $758,100
Change in net assets $41,300 $556,000 $597,300
Net assets, beginning of the year 3,020,000 11,025,000 14,045,000
Net assets, end of the year $3,061,300 $11,581,000 $14,642,300

In: Accounting

On August 1, 2019, United Corporation issued $9.50 million of 6% bonds at 104. The bonds...

On August 1, 2019, United Corporation issued $9.50 million of 6% bonds at 104. The bonds mature in 20 years. Each $1,000 bond was issued with 20 detachable stock warrants, each of which entitled the bondholder to purchase, for $45, one share of United $5 par common stock. World Company purchased 20% of the bond issue. On August 1, 2019, the market value per share for United stock was $51 and the market value of each warrant was $7. In March 2025, when United common stock had a market price of $65 per share and the unamortized premium balance was $250,000, World exercised the warrants it held.

Required:

1. Prepare the journal entries on August 1, 2019, to record (A) the issuance of the bonds by United and (B) the investment by World.

2. Prepare the journal entries for both companies in March 2025 to record the exercise of the warrants.

In: Accounting