A BUG AGAINST OBESITY. The fastest spreading illness in the developed world is obesity. While willpower and nutrition choices are certainly important for controlling obesity, increasing evidence supports the hypothesis that elements of the microbiome are also important. Using synthetic biology approaches, develop a "probiotic" bacterium that can safeguard against obesity. You may use one of two approaches. First, you can design an organism that will consume excess calories, leaving only the appropriate amount for the host. In this case, make sure to take into consideration the fact that the host also needs a number of other nutritional factors -- N, P, Fe, vitamins -- and the bacterium must make sure to leave these behind as it consumes "calories". The second approach is to design a bacterium that will target and kill specific strains of bacteria known to enhance obesity -- mostly enteric Firmicutes (e.g. "Gram-positive" bacteria). These bacteria must be able to both FIND (by swimming towards them) and KILL these bacteria with specificity -- i.e., they leave all the other "normal flora" intact.

****Instructions:

1. Don’t say anything factually wrong. Speculation is okay, but point out when you’re speculating and justify your speculation with facts.
2. Don’t say anything irrelevant. (i.e., don't throw up everything you can think of hoping some of it will stick)
3. Provide justifications for every non-obvious point. Citations are helpful – especially to things in your textbook that I can easily look up!
4. Make sure your answers proceed logically and that you have a clearly stated thesis or hypothesis that is supported by evidence that’s appropriate to the question.
5. Use "normal language" as much as possible -- avoid "big sciency words" especially if you think there's any chance I will question whether you know what they mean. In other words, don't vacuum up material from the internet and put it into your answer.
6. Don’t write more than 1500 words. If you’ve got more than that, consider using drawings and other types of figures to get rid of some words.

Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center. Instructors, training on how to grade is within the Instructor Center. Assignment 1: Client Letter Due Week 2 and worth 150 points Imagine that you are a Certified Public Accountant (CPA) with a new client who needs an opinion on the most advantageous capital structure of a new corporation. Your client formed the corporation in question to provide technology to the medical profession to facilitate compliance with the Health Insurance Portability and Accountability Act (HIPAA). Your client is very excited because of the ability to secure several significant contracts with sufficient capital. Use the Internet and Strayer databases to research the advantages and disadvantages of debt for capital formation versus equity for capital formation of a corporation. Prepare a formal letter to the client using the six (6) step tax research process in Chapter 1 and demonstrated in Appendix A of your textbook as a guide. Write a one to two (1-2) page letter in which you: Compare the tax advantages of debt versus equity capital formation of the corporation for the client. Recommend to the client whether he / she should use debt or equity for capital formation of the new corporation, based on your research. Provide a rationale for the response. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Analyze tax issues regarding corporate formations, capital structures, income tax, non-liquidating distributions, or other corporate levies. Use technology and information resources to research issues in organizational tax research and planning. Write clearly and concisely about organizational tax research and planning using proper writing mechanics.

Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center. Instructors, training on how to grade is within the Instructor Center. Assignment 1: Client Letter Due Week 2 and worth 150 points Imagine that you are a Certified Public Accountant (CPA) with a new client who needs an opinion on the most advantageous capital structure of a new corporation. Your client formed the corporation in question to provide technology to the medical profession to facilitate compliance with the Health Insurance Portability and Accountability Act (HIPAA). Your client is very excited because of the ability to secure several significant contracts with sufficient capital. Use the Internet and Strayer databases to research the advantages and disadvantages of debt for capital formation versus equity for capital formation of a corporation. Prepare a formal letter to the client using the six (6) step tax research process in Chapter 1 and demonstrated in Appendix A of your textbook as a guide. Write a one to two (1-2) page letter in which you: Compare the tax advantages of debt versus equity capital formation of the corporation for the client. Recommend to the client whether he / she should use debt or equity for capital formation of the new corporation, based on your research. Provide a rationale for the response. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Analyze tax issues regarding corporate formations, capital structures, income tax, non-liquidating distributions, or other corporate levies. Use technology and information resources to research issues in organizational tax research and planning. Write clearly and concisely about organizational tax research and planning using proper writing mechanics. View comments (1)

Why do you think General Mills stock has underperformed in 2018? Include a discussion of the most recent quarterly report.

Why do you think General Electric has underperformed in 2018 so far?

Donald Smith has Medical wages of $174,000.00 during 2018. His employer withheld $2,523.00. His wife Anne has $150,000.00 of Medicare wages for the same period with $2,175.00 withheld. Complete their Form 8959 for 2018.

Problem 5-26 Accounting for notes receivable and uncollectible accounts using the percent of sales allowance method. The following transactions apply to Hooper co. for 2018, its first year of operations. (1). Issued $60,000 of common stock for cash. (2). Provided $90,000 of common stock for cash. (3). Collected $78,000 cash from accounts receivable. (4). Loaned $20,000 to Mosby Co. on November 30, 2018. The note had a one-year term to maturity and a 6 percent interest rate. (5). Paid $23,000 of salaries expense for the year. (6). Paid a $2,000 dividend to the stockholders. (7). Recorded the accrued interest on December 30, 2018 (see item 4). (8). Estimated that 1 percent of service revenue will be uncollectible.

a. Show the effects of these transactions in a horizontal statements model like the one shown as follows

Assets Equity Rev. - Exp. = Net Inc. Cash Flows

Event: Cash +Accts. Rec. + Notes Rec. + Int. Rec. = Com. Stk. + Ret.Earn.

- Allow. for Doubtful.

(b). Prepare the income statement, balance sheet, and statement of cash flows for 2018

Problem 7-29 Current Liabilities, The following selected transactions were taken from the books of Ripley Company for 2018. (1). On February 1, 2018, borrowed $70,000 cash from the local bank. The note had a 6 percent interest rate and was due on June 1, 2018. (2). Cash sales for the year amounted to $240,000 plus sales tax at the rate of 7 percent. (3). Pipley provided a 90-day warranty on the merchandise sold. The warranty expense is estimated to be 1 percent of sales.( 4). Paid the sales tax to the state sales agency on $210,000 of the sales.( 5) Paid the note due on June 1 and the related interest. (6). On November 1, 2018, borrowed $20,000 cash from the local bank. The note had a 6 percent interest rate and a one-year term to maturity. (7). Paid $2,100 for warranty repairs (8). A customer has filed a lawsuit against Ripley for $1 million for breach of contract. The company attorney does not believe the suit has merit. Questions a. (1) What is the amount of cash did Ripley pay for interest during 2018? (2) What amount of interest expense is reported on Ripley's income statement for 2018? (3) What is the amount of warranty expense for 2018? (b). Prepare the current liabilities section of the balance sheet at December 31, 2018.

(c). Show the effect of these transactions on the financial statements using a horizontal statements model like the one below. Use + for the increase, - for the decrease, and NA for not affected. In the Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA).The first transaction has been recorded as an example.

Assets = Liabilities + Equity Rev. - Exp. = Net Inc. Cash Flow

+ + NA NA NA NA + FA

Problem 6-22, Accounting for the acquisition of assets, including a basket purchase. Trinkle Company made several purchases of long-term assets in 2018. The details of each purchase are presented here: Basket purchase of Copier, Computer, and Scanner for $30,000 with Fair Market Values. 1. Copiers, $22,000 2. Computer, $10,000 3. Scanner, $8,000 Question. Allocation is based on relative market values Then, 6-23 Calculating depreciation expense using three different methods. Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, 2018. Purchase price $70,000 Delivery cost $3,000 Installation charge $1,000 Estimated life 5 years Estimated units 140,000 Salvage estimate $4,000. During 2018, the machine produced 36,000 units and during 2019, it produced 38,000 units. Determine the amount of depreciation expense for 2018 and 2019 using each of the following methods. Questions: (a). Straight - line b. Double - declining - balance. c. Units of productions Check figures: (b). Depreciation Expense, 1018, $29,600 c. Depreciation Expense, 2019, $19,000.

Non-Value-Added Activities: Non-Value-Added Cost

Thayne Company has 28 clerks that work in its Accounts Payable Department. A study revealed the following activities and the relative time demanded by each activity:

Required:

Classify the four activities as value-added or non-value-added, and calculate the clerical cost of each activity.

Value- and Non-Value-Added Cost Reporting

Cicleta Manufacturing has four activities: receiving materials, assembly, expediting products, and storing goods. Receiving and assembly are necessary activities; expediting and storing goods are unnecessary. The following data pertain to the four activities for the year ending 2014 (actual price per unit of the activity driver is assumed to be equal to the standard price):

Required:

2. Explain why expediting products and storing goods are non-value-added activities.

- Select your answer -Both are necessary activitiesBoth are unnecessary activitiesBoth result in a change of state for the productCorrect 1 of Item 2

Mercia Chocolates produces gourmet chocolate products with no preservatives. Any production must be sold within a few days, so producing inventory is not an option. Mercia's single plant has the capacity to make 95,500 packages of chocolate annually. Currently, Mercia sells to only two customers: Vern's Chocolates( A specialty candy store chain) and Mega Stores ( a chain of department stores). Vern's orders 57,100 packages and Mega Stores orders 20,500 packages annually. Variable manufacturing costs are $21 per package, and annual fixed manufacturing costs are $570,000.

The Gourmet chocolate business has two seasons, holidays and non-holidays. The holiday season lasts exactly four months and the non-holiday season lasts eight months. Vern's orders the same amount each month, so Vern's orders 18,300 packages during the holidays and 38,800 packages in the non-holiday season. Mega Stores only carried Mercia's chocolates during the holidays.

Required:

a) Calculate the product cost per package for each season(holiday and non holiday) with excess capacity costs assigned to season in which it is incurred.

b) Calculate the product cost per package for each season(non holiday and holiday) with excess capacity costs assigned to the season requiring it.

Required information

PA4-4 Identifying and Preparing Adjusting Journal Entries [LO 4-1, LO 4-2, LO 4-3, LO 4-6]

[The following information applies to the questions displayed below.]

Val’s Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2018, follows, along with information about selected accounts.

PA4-4 Part 1

Required:

1. Prepare the (preliminary) unadjusted net income statement for the year ended December 31, 2018.

I have

Revunues

Service Revunue $59,500

Total Revnues 59,500

Expenses

Salaries and wages Expense 28,100

Utilities Expense 11,200

Rent Expense 10,000

Supplies Expense 3800

Income Tax Expense 0

Total Expenses 53,100

Net Income 6400

Now part 2

Name the five pairs of balance sheet and income statement accounts that require adjustment and indicate the amount of adjustment for each pair.

1 Supplies - Supplies Expense Amount $2500

2 Prepaid Rent - Rent Expense $2000

3 Accounts Payable Utilities Expense $350

4 Salaries and wages payable- Salaries and wages expense $100

5 Income tax payable - income tax expense $0

part 3

PA4-4 Part 3

3. Prepare the adjusting journal entries that are required at December 31, 2018. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.

Not sure on this part or how to get income tax payable, any help would be greatly appreciated

PA4-4 Part 4

1. 4-a. Prepare the adjusted net income that the company should report for the year ended December 31, 2018.
2. 4-b. By what dollar amount did the adjustments in requirement (3) cause net income to increase or decrease?

and this is the end of the question I need to order each one in steps 1,2,3,4 I appreciate the help a lot it will help me learn how to solve this thanks!