The prevalence of obesity remains high and affects Americans of all ages. Review the following resource: • United States Department of Health and Human Services (2017). 2020 Topics and objectives: Nutrition and weight status (Links to an external site.)Links to an external site.. Retrieved from: https://www.healthypeople.gov/2020/topics-objectives/topic/nutrition-and-weight-status Initial Discussion Post: • Identify two (2) contributing factors to childhood obesity. • List three (3) ways the nurse could intervene to promote the nutrition and weight status objectives for Healthy People 2020. • Discuss why these objectives are important for individuals or communities. • Identify two (2) contributing factors to adult obesity.
In: Nursing
The prevalence of obesity remains high and affects Americans of all ages. Review the following resource: • United States Department of Health and Human Services (2017). 2020 Topics and objectives: Nutrition and weight status (Links to an external site.)Links to an external site.. Retrieved from: https://www.healthypeople.gov/2020/topics-objectives/topic/nutrition-and-weight-status Initial Discussion Post: • Identify two (2) contributing factors to childhood obesity. • List three (3) ways the nurse could intervene to promote the nutrition and weight status objectives for Healthy People 2020. • Discuss why these objectives are important for individuals or communities. • Identify two (2) contributing factors to adult obesity.
In: Nursing
X Company has 200 units of Product K on December 31, 2020, which originally cost $15. The replacement cost of Product X is $7.5. Product X sells for $12.5 has associated selling costs of $1.5, and a normal profit margin would be $2.5. X Company treats any write-downs as losses.
Suppose X Company uses a perpetual LIFO inventory system. What would the journal entry be in dec 31, 2020 to record the measurement of inventory?
Suppose X Company uses a perpetual FIFO inventory system. What would the journal entry be in dec 31, 2020 to record the measurement of inventory?
In: Accounting
You found an item totaling $48,000 treated as miscellaneous expenses. You seek clarification from the tax payer and was told that from 1 July 2020, he was appointed as a part-time consultant to a company and received a total of $48,000 for the period of 1 July 2020 to 31 December 2020. However, he did not declare it as income as he argued that it is not related to his business. Instead he treated it as miscellaneous expenses, a replacement cost for the time he spent on consulting and not attending to his own business (treated as expense for time spent/lost).
Explain the implication of the items and suggest the tax treatment you would adopt in addressing the issues.
In: Accounting
on january 1 2020 Liu corporation paid $250007 to
aquire bonds of Singh investment Corp. with a par value of $254000.
The annual contract rate on the bonds is 8%. and interest is paid
semiannually on June 30 and Dec. 31. The bonds mature after three
years. The market rate of interest was 7.7 %. Liu Corporation
intends to hold the bonds untill maturnity.
1. prepare an anortization schedule for the investment showing only
2020
2 prepare Liu's entries to record the purchase of the bonds
3. prepare the Liu's entries to prepare to record the reciept of
the first two interest payments.
4. show how the investment will appear on dec. 31, 2020 balance
sheet
In: Accounting
Ariel owns 70% of Sabastian. During 2019, Sabastian sold 1000 units of Inventory to Ariel for $70 each. The units cost $50 to produce. A 12/31/2019 inventory count indicates that 300 units remained in Ariel's inventory. Sabastian reported a $50,000 net income in 2019 and a $70,000 net income in 2020. No internal sales were made in 2020. Ariel should recognize investment income in 2020 for which of the following amounts?
Investment in Sabastian $44,800
...Investment Income $44,800
Investment in Sabastian $49,000
...Investment Income $49,000
Investment in Sabastian $53,200
...Investment Income $53,200
Investment in Sabastian $63,000
...Investment Income $63,000
In: Accounting
Ahmad company (the 80%-owned subsidiary); in 1/5/2018 sold land to Fatima Company (the subsidiary) at selling price $125,000, the cost of land $100,000. During 2020, Fatima Company sold the land at $140,000. Net income for Fatima Company as follows: 2018 2019 2020 Net Profit 80,000 100,000 60,000 Instructions: 1. Journalize the above transactions in Parent Company records and in the Subsidiary Company records. 2. Calculate the Parent company from the subsidiary’s net income? 3. Calculate the Minority interest from the subsidiary’s net income? 4. Prepare the working paper in Journal entries format for 2018; 2019 and 2020?
In: Accounting
The following is the income statement for Daisy’s Day Care Limited for the month ended March 31, 2020: Daisy’s Day Care Limited Income Statement Month Ended March 31, 2020
Revenue $ 20,000
Expenses: Food 6,000
Heat and lights 800
Office Supplies 200
Childcare supplies 1,000
Wages 8,000
Total expenses 16,000
Operating income $ 4,000
20% of the childcare supplies and 25% of the wages are fixed while the remaining amounts are variable. 100% of the food expense is variable.
Required: Based on the above information what would the operating income for the month ended March 31, 2020 be if the income statement was prepared using the contribution margin approach?
In: Accounting
In: Finance
2018
2019
2020
Costs to
date
$1,500,000
$4,000,000
$6,200,000
Cost to
complete
$4,500,000
$2,200,000
$0
Amounts billed to date
$1,400,000
$5,800,000
$9,000,000
Amounts collected to date
$1,300,000
$4,300,000
$9,000,000
Determine the gross profit to be recognized for
2018 2019 2020
Record all journal entries necessary for 2018 below:
Assume that Stanford uses the completed contract method.
Determine the amount of revenue and expense to be recognized
in:
2018
2019
2020
In: Accounting