Questions
The following is selected financial information for Qualmart, Inc. for its year ending January 31, 2021:...

The following is selected financial information for Qualmart, Inc. for its year ending January 31, 2021:

Retained earnings, January 31, 2020 ……..

$153,790

Stock issuance ………………………………

1,235

Contributed capital, January 31, 2020 …

9,470

Net income ………………………………………

32,560

Other stockholders’ equity changes……

(592)

Dividends ………………………………………….

14,930

Other stockholders’ equity, January 31, 2020

2,463

Prepare a statement of stockholders' equity for 2021 for Qualmart.

Qualmart, Inc.

Statement of Stockholders' Equity

For Year Ended January 31, 2021

Contributed Capital

Retained Earnings

Other

Total

Balance, January 31, 2020

Stock issuance

Net income

  

Dividends

Other stockholders’ equity changes

Balance, January 31, 2021

In: Accounting

Cascade Company was started on January 1, Year 1, when it acquired $153,000 cash from the...

Cascade Company was started on January 1, Year 1, when it acquired $153,000 cash from the owners. During Year 2, the company earned cash revenues of $93,300 and incurred cash expenses of $69,700. The company also paid cash distributions of $14,000. Required Prepare a Year 1 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately.)

c. Cascade is a corporation. It issued 10,000 shares of $11 par common stock for $153,000 cash to start the business.

Income Stmt

Capital Stmt

Stmt of changes in equity

Balance Sheet

Stmt of cash flows

In: Accounting

Suppose that Congress passes an investment tax credit that is sustained and eventually leads to a...

Suppose that Congress passes an investment tax credit that is sustained and eventually leads to a higher level of capital. At first ____________________, and over a longer period of time, the long-run aggregate supply curve will _____________.

Group of answer choices:

A) only the long-run aggregate supply curve shifts and it shifts to the right, the long-run aggregate supply curve will shift to right a bit more

B) only the aggregate demand curve changes and it shifts to the left, remain

C) only the long-run aggregate supply curve shifts and it shifts to the right, the long-run aggregate supply curve will return to its original position

D) only the aggregate demand curve changes and it shifts to the right, also shift to the right

In: Economics

What are the macroeconomic effects on theUnited States economy of the increase in tariffs to imported...

What are the macroeconomic effects on theUnited States economy of the increase in tariffs to imported goods from North America (Canada and Mexico) and China? More precisely. What are the effects on total factor productivity, consumption per capita, output per capita, investment and prices (including wages)? Use the models seen in class as a framework to answer this question. When relevant, explain the effects in the long and short run. Be brief and concise. You don’t have to solve or write the complete model but be clear on what model you are using and what are the ingredients and underlying assumptions. Write a short description (in one paragraph) of the changes in the US trade policy (describe the goods affected and the size or changes in tariffs).

In: Economics

Arteriosclerotic plaques forming on the inner walls of arteries can decrease the effective cross-sectional area of...

Arteriosclerotic plaques forming on the inner walls of arteries can decrease the effective cross-sectional area of an artery. Even small changes in the effective area of an artery can lead to very large changes in the blood pressure in the artery and possibly to the collapse of the blood vessel. Imagine a healthy artery, with blood flow velocity of v 0 =0.14m/s and mass per unit volume of ρ=1050kg/ m 3 . The kinetic energy per unit volume of blood is given by K 0 = 1 2 ρ v 2 0 . Relative to its initial, healthy state, by what factor does the velocity of blood increase as the blood passes through this blockage? Express your answer numerically.

In: Physics

Go to the internet and find a news article published within the last month that discusses...

Go to the internet and find a news article published within the last month that discusses changes in demand and supply of particular goods/services, summarize key points and post in the Discussions area.

Use specific economic vocabulary within your summary, i.e. demand, quantity demanded, determinants of demand, shifts in demand curve, etc. Likewise with supply. Also you should discuss changes in equilibrium quantity and equilibrium price.

The article you choose may not use these exact terms; therefore, it is incumbent upon you to convert the article language into economic language as is appropriate.

Include a reflection -

-  Using macroeconomic terminology, reflect on specifically what is learned from the assignment and how it could apply to accounting

In: Economics

Show and explain the case where the small nation Country 1 imports Good A. Initially it...

Show and explain the case where the small nation Country 1 imports Good A. Initially it has an import tariff on Good A, then it eliminates the tariff. Depict this graphically. [Be sure to label the axes and curves of your graph. Label the appropriate surplus areas with letters.]

(a) When the country changes from having a tariff to no tariff, what happens to (i) producer surplus, (ii) consumer surplus, (iii) deadweight loss, and (iv) government tariff revenue? (Describe the changes using the surplus area letters.)

(b) ● Which is larger for the domestic country (either with or without the tariff): Dom QS or Dom QD?

● Given a decrease in the price, which side of the market experiences the bigger impact: buyers or sellers?

In: Economics

1. Define the elements of the following equation: P = a0 ‒ a1 × Qd. 2....

1. Define the elements of the following equation: P = a0 ‒ a1 × Qd.

2. Given P = $150 ‒ 0.005 × Qd as the demand for a professional sports team:

a. If P = $60, what is Qd?

b. If P = $40, what is Qd?

3. Imagine these two possible changes from the demand curve listed in Question 2: a. P = $175 ‒ 0.005 × Qd b. P = $125 ‒ 0.005 × Qd

For each, identify whether Question 3(a) or 3(b) would be consistent with the following stated changes:

iii.increase in the size of the market where the team plays

iv.decrease in the per-capita income in the market where the team plays

v.move to a newer stadium

vi.decline in the quality of players employed by the team

In: Economics

A patient with severe hypokalemia from an accidental overdose of furosemide is to receive IV potassium...

A patient with severe hypokalemia from an accidental overdose of furosemide is to receive IV potassium replacement through a peripheral inserted central catheter placed in the right upper arm. The ordered IV solution contains 120 mEq (mmol/L) of potassium chloride in 1000 mL of normal saline to be infused at a rate of 150 mL/hr.

1. Should this solution be infused using a pump or controller? Why or why not?

2. How many mEq of potassium per hour will the patient receive at this rate?

3. Is this rate permissible? Explain your rationale.

4. Which parameter changes would indicate to you that the patient is responding well to this therapy?

5. For which changes should you assess to determine whether the patient is becoming hyperkalemic?

In: Nursing

QUESTION During the examination of internal controls for a client’s accounting system, the following issues were...

QUESTION
During the examination of internal controls for a client’s accounting system, the following issues were
encountered. In each case, using the table below, explain why each represents a weakness in internal

control and propose changes to improve internal control.

Situation Why a weakness? Suggested improvement

Duplicate debtor records were

identified in the accounts received

master file.

There is no requirement for

users to change their passwords

regularly.

Several debtor records

have no name and

address fields.

During the entry of sales

transactions, the operator

miskeyed debtor number,

and the transactions were

posted to the wrong debtor

records.

Occasional changes are made

to computer programs on the

production system (used for

daily transaction processing).

  

  

In: Accounting