App is crashing at startup? Any idea? Thanks!
import androidx.appcompat.app.AppCompatActivity;

import android.os.Bundle;
import android.view.View;
import android.widget.Button;
import android.widget.EditText;
import android.widget.TextView;

import java.util.ArrayList;
import java.util.Random;

public class MainActivity extends AppCompatActivity {

    private EditText teamOneText;
    private EditText teamTwoText;
    private Button selectButton;
    private TextView resultView;

    Random r = new Random();

    ArrayList<EditText> editTextList = new ArrayList<>();
    ArrayList<String> editTextValues = new ArrayList<>();

    @Override
    protected void onCreate(Bundle savedInstanceState) {
        super.onCreate(savedInstanceState);
        setContentView(R.layout.activity_main);

        editTextList.add(teamOneText);
        editTextList.add(teamTwoText);

        for(int i=0;i<editTextList.size();i++){
            editTextValues.add(editTextList.get(i).getText().toString());
        }

        teamOneText = findViewById(R.id.team_one);
        teamTwoText = findViewById(R.id.team_two);
        resultView = findViewById(R.id.result_view);
        selectButton = findViewById(R.id.select_button);

        selectButton.setOnClickListener(new View.OnClickListener() {
            @Override
            public void onClick(View view) {
                resultView.setText(editTextValues.get(r.nextInt(editTextValues.size())));
            }
        });
    }
}

activity_main.xml

<?xml version="1.0" encoding="utf-8"?>
<androidx.constraintlayout.widget.ConstraintLayout xmlns:android="http://schemas.android.com/apk/res/android"
    xmlns:app="http://schemas.android.com/apk/res-auto"
    xmlns:tools="http://schemas.android.com/tools"
    android:layout_width="match_parent"
    android:layout_height="match_parent"
    tools:context=".MainActivity">

    <TextView
        android:id="@+id/result_view"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:text="Result shown here"
        app:layout_constraintBottom_toBottomOf="parent"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintHorizontal_bias="0.5"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toTopOf="parent"
        app:layout_constraintVertical_bias="0.70" />

    <Button
        android:id="@+id/select_button"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:text="Select Random Team"
        app:layout_constraintBottom_toBottomOf="parent"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintHorizontal_bias="0.5"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toTopOf="parent"
        app:layout_constraintVertical_bias="0.40" />

    <EditText
        android:id="@+id/team_one"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:ems="10"
        android:inputType="textPersonName"
        android:text="Team's name"
        app:layout_constraintBottom_toBottomOf="parent"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintHorizontal_bias="0.70"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toTopOf="parent"
        app:layout_constraintVertical_bias="0.15" />

    <EditText
        android:id="@+id/team_two"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:ems="10"
        android:inputType="textPersonName"
        android:text="Team's name"
        app:layout_constraintBottom_toBottomOf="parent"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintHorizontal_bias="0.70"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toTopOf="parent"
        app:layout_constraintVertical_bias="0.25" />

    <TextView
        android:id="@+id/team1_label"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:text="Team 1"
        android:textSize="18sp"
        app:layout_constraintBottom_toBottomOf="parent"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintHorizontal_bias="0.15"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toTopOf="parent"
        app:layout_constraintVertical_bias="0.16" />

    <TextView
        android:id="@+id/team2_label"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:text="Team 2"
        android:textSize="18sp"
        app:layout_constraintBottom_toBottomOf="parent"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintHorizontal_bias="0.15"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toTopOf="parent"
        app:layout_constraintVertical_bias="0.26" />

</androidx.constraintlayout.widget.ConstraintLayout>

strings.xml

<resources>
    <string name="app_name">TeamSelector</string>
</resources>

Complete the Table by Choosing one of the following options to analyse each Transaction of Ben Bicycle Traders for February 2020

Yes – Debit entry

Yes- Credit Entry

No Entry

A comparison of the Bank Statement of Bicycle Traders for February 2020 with the Bank reconciliation Statement at 31 January 2020, and the Cash Reports for February 2020, revealed the following:

1. The Bank account at 31 January 2020 had an unfavourable balance of R11 000
2. The cash Reports of Feb 2020 reflected the following amounts:
   1. Total Cash Receipts of R45390
   2. Total Cash payments of R39650
3. The Bank Reconciliation statement at 31 January 2020 reflected the outstanding Deposit of 2 Debtors, Z. Bently for R4300 and A. Roggers for R3500 . The bank credited the deposit From Z Bently on 1 Feb 2020
4. On 5 Feb 2020 , it was discovered that the A.Roggers a Debtor , provided a Fictitious proof of payment on 31 January 2020 to the accountant of Bicycle Traders . The amount of R3500 was not deposited into the bank account .
5. An amount paid for telephone was entered incorrectly as R2509 in the cash payments report , but shown correctly as R2905 on the bank statement .
6. The following amount appeared on the bank statement but wasn’t recorded by the accountant in the cash reports
   1. Interest on a Fixed Deposit R895
   2. Stop Order for insurance R1245
7. On 29 Feb 2020, a tenant of Ben Bicycle, D Donald, paid R2000 of his total rental of R6500 in cash and the balance via EFT. The cash received and the EFT were correctly recorded by the entity. The accountant however only deposited the cash on 1 March 2020, the EFT immediately reflected in the Bank account
8. The bank statement reflected an unfavourable balance of R11506 on 29 Feb 2020

Presented here are summarized data from the balance sheets and income statements of Wiper Inc.:

Required:

1. Calculate return on investment, based on net income and average total assets, for 2020 and 2019.
2. Calculate return on equity for 2020 and 2019.
3. Calculate working capital and the current ratio for each of the past three years.
4. Calculate earnings per share for 2020 and 2019.
5. If Wiper's stock had a price/earnings ratio of 13 at the end of 2020, what was the market price of the stock?
6. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in part e.
7. Calculate the dividend payout ratio for 2020.
8. Assume that accounts receivable at December 31, 2020, totaled $317 million. Calculate the number of days' sales in receivables at that date.
9. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019.
10. Calculate the times interest earned ratio for 2020 and 2019.

Carla Corporation has one temporary difference at the end of 2020 that will reverse and cause taxable amounts of $57,000 in 2021, $61,800 in 2022, and $67,300 in 2023. Carla’s pretax financial income for 2020 is $286,600, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2020.

Compute taxable income and income taxes payable for 2020.

Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020

Prepare the income tax expense section of the income statement for 2020, beginning with the line “Income before income taxes.”.

On January 1, 2020, The Fio Corporation purchased a machine for $600,000. The corporation estimated a 5-year useful life (or 300,000 units of useful life) and $60,000 residual/salvage value.

45000 Units were produced in 2020.

6 points:

Complete the following table using the indicated depreciation method and year for each row of the table.

4 points:

What would the journal entry be if the straight-line method was used and the machine was sold on 12/31/2020 for $500,000?

Pronghorn Co. provides the following information about its postretirement benefit plan for the year 2020.

Prepare a worksheet inserting January 1, 2020, balances, showing December 31, 2020, balances, and the journal entry recording postretirement benefit expense. (Enter all amounts as positive.)

The following information is available for Ivanhoe Company. 1. Purchased a copyright on January 1, 2020 for $62,400. It is estimated to have a 10-year life. 2. On July 1, 2020, legal fees for successful defense of the copyright purchased on January 1, 2020, were $17,784.

Prepare the journal entries to record all the events related to the copyright during 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Jan 1st 2020, July 1st, 2020, Dec 31st, 2020

At December 31, 2021, an impairment test is performed on the copyright purchased in 2020.

It is estimated that the net cash flows to be received from the copyright will be $62,400, and its fair value is $59,280. The accumulated amortization at the end of 2021 was $15,288. Compute the amount of impairment, if any, to be recorded on December 31, 2021. (If there is a loss on impairment, then enter amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Purple Co. began business on January 1, 2020. The following items caused the only differences between pretax financial income and taxable income.

1. On January 2, 2020, heavy equipment costing $800,000 was purchased. The equipment had a life of 4 years and no salvage value. The straight-line method of depreciation is used for book purposes and the tax depreciation taken each year is listed below:

                                                      Tax Depreciation                                        

              2020              2021                 2022                   2023                Total    

            $360,000         $180,000          $140,000          $120,000          $800,000

2. On January 2, 2020, $360,000 was collected in advance for rental of a building for a two-year period. The entire $360,000 was reported as taxable income in 2020, but $180,000 of the $360,000 was reported as unearned revenue at December 31, 2020 for book purposes.

3. In 2020, the company had an accounts receivable of $420,000 for goods that had been delivered to the customer in 2020. It will be collected in 2021.

4. Purple Co. deducts insurance expense of $210,000 for tax purposes in 2020, but the expense is not yet recognized for accounting purposes. In 2021, 2022, and 2023, no insurance expense will be deducted for tax purposes, but $70,000 of insurance expense will be reported for accounting purposes in each of these years.

The enacted tax rates existing at December 31, 2021 are:

2020                 20%                             2022                 30%

            2021                20%                              2023                30%

                                                                        2024                30%

Instructions:

1. For items 1)-4), indicate whether it involves a deferred tax asset, deferred tax liability, or permanent difference.

1):                    2):                    3):                    4):                    

Purple’s taxable income for 2020 was $900,000. Prepare the journal entry to record income tax expense, deferred taxes, and the income taxes payable for 2020. Show your work.