Consider truth status of accounting numbers. Are the accounting numbers reflecting a concrete truth or are they the outcome of social construction.
You are required to:
-argue the ontological status of accounting numbers based on fair value?
-propose a research approach that will help you know more the ontological assumption undertaken above?
In: Accounting
Setting up the field office includes all except
Select one:
a. Preparing construction administration files, forms, and documentation
b. Establishing utilities for the field office
c. Establishing utilities for the field office
d. Sighting the location for the temporary trailer office
e. Clearing and Grabbing
In: Civil Engineering
In: Civil Engineering
Humans have populated regions in which the geomorphic settings pose hazards for construction and engineering projects. Discuss the extent to which the potential hazards are caused by intrinsic versus extrinsic thresholds. Build your discussion around comparing and contrasting humid, semi- arid, glaciated, and periglacial environments.
In: Civil Engineering
In: Civil Engineering
In: Biology
You have just been promoted to the position of a Project Manager for a mega construction company with project sites across the Provinces in Canada. How would you describe to your team members the impact of governance on managing an individual project and why is the approach important to today’s business environment?
In: Operations Management
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Both Bond Sam and Bond Dave have 10 percent annual coupons but make semiannual payments. The bonds' yield to maturity is equal to the coupon rate, so the bonds and are priced at par value. Bond Sam has five years to maturity, whereas Bond Dave has 16 years to maturity. |
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To see how changes in interest rates affect bond prices, assume that interest rates suddenly rise by 2 percent. What is the percentage change in the price of Bond Sam and Bond Dave? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Percentage change in the price of Bond Sam | % |
| Percentage change in the price of Bond Dave | % |
If rates were to suddenly fall by 2 percent instead of rising, what would be the percentage change in the price of Bond Sam and Bond Dave? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
| Percentage change in price of Bond Sam | % |
| Percentage change in price of Bond Dave | % |
In: Finance
The Evangelical Private School follows FASB standards of
accounting and reporting.
1. Cash contributions were received as follows: (a) $1,113,000 for any purpose desired by the school, (b) $305,000 for salary supplements for school faculty, (c) $421,000 to be used during the next fiscal year in any manner desired by the school, (d) $610,000 for the construction of a new auditorium, and (e) $408,000 to be invested permanently, with the income to be used as desired by the school. The school’s policy is to record all restricted gifts as temporarily restricted and then reclassify when the restriction is lifted.
2. The school expended $400,000 of the $1,113,000 mentioned in 1(a) for school furniture. Record the plant as unrestricted.
3. The school expended $284,500 for salary supplements as directed by the donor in 1(b).
4. The $421,000 in 1(c) was retained for use next year, as directed by the donor.
5. $790,000 was expended for the construction of the new auditorium. School policy is to record all plant as unrestricted.
6. The $408,000 mentioned in 1(e) was invested permanently, as directed by the donor, and in the year ended June 30, 2017, the school received interest of $19,380, none of which was expended.
Required:
Record journal entries for the above transactions during the year
ended June 30, 2017. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first
account field.)
a. Record the entry for cash contributions for unrestricted fund.
b. Record the entry for cash contributions for salary payment to school faculty.
c. Record the entry for cash contributions for temporarily restricted fund.
d. Record the entry for cash contributions for construction of new auditorium.
e. Record the entry for cash contributions for permanently restricted fund.
f. Record the entry for cash purchase of school furniture.
g. Record the entry for payment salary.
h. Record the entry for expiration of program restrictions.
i. Record $421,000 that will be reclassified at the beginning of next year as the expiration of time restrictions.
j. Record $790,000 that was expended for the construction of the new auditorium.
k. Record the entry for expiration of fixed asset acquisition restrictions.
l. Record the entry for cash investments.
m. Record the entry for receipt of interest income.
In: Accounting
25. What is an opportunity cost? Incremental cost? Sunk cost? Out-of-pocket cost? Relevant Cost? Irrelevant cost?
26. How are costs calculated and prices set under the total cost method?
27. What is meant by sales mix?
In: Accounting