At a corporate board meeting, one of the members indicates that the FASB has passed a new accounting update to take effect concerning the nature of lease accounting. As of now the company has leases which are both capital in nature and operating. The company also has several forms of debt with banks. The board member asks you as the Chief Financial Officer to give a 5-10 minute presentation on a summary of changes and how those changes could impact the company.

I am still very confused on this, and my head feels like it's spinning, lol.

I also want to know "the company also has several forms of debt with banks", how would that be affected by this?

Help would be appreciated!

def longest(string):
    start=0;end=1;i=0;
    while i<len(string):
        j=i+1
        while j<len(string) and string[j]>string[j-1]:
            j+=1
        if end-start<j-i:
            #update if current string has greater length than
            #max start and end
            end=j
            start=i
        i=j;
    avg=0
    for i in string[start:end]:
        avg+=int(i)
    print('The longest string in ascending order is',string[start:end])
    print('Teh average is',avg/(end-start))


s=input('Enter a string')
longest(s)
 

i need a definition and explanation of this code that how it works?

Question 1. Write the statement to increase the invoice_total by 25% using the INVOICES
table for all vendors whose vendor_id is less than 100.

Question 2. Write the statement to answer the following question: What is the total of the
invoice_total amounts after the update. I need your statement and the result stated
here.
Question 3. Write the statements to list the customer ID and Order ID from the ORDERS
table for all orders with order id greater than 700.

Question 4. Write the statement to delete the order with order ID = 1021.

Question 11. Write the statement to show the total number of rows in the Orders table. Also,
write the number of rows returned from the query.

For all algorithm design problems, part of the grade depends on efficiency. For every graphG = (V,E), the vertex set is {1,2,··· ,n}. We use n to denote the number of vertices and m to denote number of edges. Unless otherwise stated, all graphs are represented as adjacency lists. Each problem is worth 40 points.

1. Giveanalgorithmthat,givenanundirectedgraphGandnodes,createsanarrayShortestCountin which ShortestCount[i] is the number of shortest paths from s to vertex i. Provide a proof by induction that your algorithm is correct. Derive its runtime.

   (Tip: Start with the BFS algorithm as given in the text, in which nodes are organized into layers Li based on distance from s, and update the counts as you build the tree.)

We want to develop a sales system for a mobile shop. The system should keep information about the mobile phones available at the shop. the system should allow the user the ADD new mobile phones, one at a time, along with their features. The system should also allow to search mobile phones , update their information, and delete them (one by one). Try to provide different criteria for search. When the system starts, it should load the information about the mobile phones forma file. if the file doesn't exist, the system should create the file. The system should provide a (console based) menu to interact with it. The system not use any arrays and all the changes should be reflected in the file.

Language: C++

Write a java program that prompts user to enter his name and KSU ID using format name-ID as one value, his gender as char, and his GPA out of 5. Then your program should do the following:

Print whether the ID is valid or not, where a valid ID should be of length = 9, and should start with 4.
Calculate the GPA out of 100 which is calculated as follows GPA/5 * 100.
Update the name after converting the first letter to uppercase.
Print “Mr.” before name if the gender is ‘M’, and print “Mrs.” before name if the gender is ‘F’. Otherwise print message “invalid gender” without name and GPA. Then print the new GPA.

QUESTION TWO
The following are financial statements of Buchi Ltd for the year ended 31 December 2019
Statement of comprehensive income for the year ended 31 December 2019
K
K
Revenue
900 000
Cost of sales
475 000
Gross profit
425 000
Operating expenses
220 000
Interest
13 000
Loss on sale of equipment
2 000
(235 000)
Net profit before tax
190 000
Tax
65 000
Net profit after tax
125 000
Statement of financial position as at 31 December 2019
2019
2018
Non-current assets
K
K
K
K
Land
55 000
80 000
Buildings
180 000
190 000
Equipment
155 000
48 000
Current assets
Stock
50 000
0
Prepaid expenses
3 000
5 000
Debtors
67 000
25 000
Cash
55 000
30 000
175 000
68 000
565 000
386 000
Equity and liabilities
Ordinary share capital
230 000
70 000
Retained income
196 000
126 000
426 000
196 000
Non-current liabilities
Debentures
106 000
150 000
Current liabilities
Creditors
33 000
40 000
565 000
386 000
6
You are given the following additional information:
1. Depreciation amounting to K33 000 and amortisation of prepaid expenses of K2 000 are included in operating expenses.
2. Equipment that cost K41 000, with a book value of K36 000 was sold for K34 000.
3. Dividends of K55 000 were declared and paid during the year.
Required
(a) Describe the importance of the cash flow statement.
(b) Prepare the statement of cash flows for Buchi Ltd for the year ended 31 December 2019 using the indirect method.

Permata Berhad’s Statement of Comprehensive Income and Statement of Financial Position are given below.

Additional information:

1. Dividends paid during the year on preference shares were $50,000 and on ordinary shares were $72,000.

2. A plant was disposed of for $200,000. Its carrying amount was $230,000.

3. Land was revalued and surplus on revaluation was $100,000. No property was acquired or disposed during the year.

4. There was no amortization of development expenditure.

5. No new investments were acquired.

6. Preference shares and debentures were redeemed. No premium was paid for the redemption.

Required:

Prepare the Statement of Cash Flows for Permata Berhad for the year ended 31 December 2019 using the Direct Method.                                                                                                    

Permata Berhad’s Statement of Comprehensive Income and Statement of Financial Position are given below.

Additional information:

1. Dividends paid during the year on preference shares were $50,000 and on ordinary shares were $72,000.

2. A plant was disposed of for $200,000. Its carrying amount was $230,000.

3. Land was revalued and surplus on revaluation was $100,000. No property was acquired or disposed during the year.

4. There was no amortization of development expenditure.

5. No new investments were acquired.

6. Preference shares and debentures were redeemed. No premium was paid for the redemption.

Required:

Prepare the Statement of Cash Flows for Permata Berhad for the year ended 31 December 2019 using the Direct Method.                                                                                                    

Translate the following various trial balance accounts into financial statements. Eg – Sort assets, current and non-current; Liabilities, current and non-current etc.

Also include notes of entries that need to be combined, e.g (Accumulated depreciation:

“note x

Accumulated amortisation - Software
Accumulated depreciation – Buildings
Accumulated depreciation – Computers
Accumulated depreciation – Furniture &
Accumulated depreciation – Motor vehicles
Accumulated depreciation – Plant & equipment

= “

All following the AASB.

Company is a large childcare service.

Accounts payable
Accounts receivable
amortisation - Leasehold
Accumulated amortisation - Software
Accumulated depreciation – Buildings
Accumulated depreciation – Computers
Accumulated depreciation – Furniture &
Accumulated depreciation – Motor vehicles
Accumulated depreciation – Plant & equipment
Acquisition costs
Administrative expenses
Advertising
Allowance for doubtful debts
Annual leave provision
Bad debts expense
Bank Loan (MyBank)
Brand (Carer Fix)
Buildings at cost
Cash at bank
Catering expenses
Childcare enrolment advances
Childcare services
Computers at cost
Consumables (Office supplies on hand)
Cost of sales
Current tax liability
Deferred tax asset/liability
Deposits paid
Depreciation expense
Discounts given
Educational resources (consumables eg. art & craft)
Employee related payables
Fundraising activities expense
Fundraising activities income
Furniture and fittings (at cost)
General reserve
Goodwill
GST receivable
Income tax expense
Interest expense
Interest income
Interest receivable
Inventory
Land
Lease liability
Leasehold improvements at cast
Long service leave provision
Loss on revaluation
Motor vehicles (at cost)
Office supplies expense
Petty cash
Plant & equipment (at cost
Playroom supplies (expense)
Prepayments
Rental expenses
Repairs & maintenance
Retail sales
Retained earnings
Revaluation surplus
Share capital
Software - at cost
Subscriptions
Term deposit (matures 23 April 2018)
Utility expenses (electricity, rates & water)
Wages and salaries