LeBron James incorporates a new business, Phi Slamma Jamma, Inc., on December 1, 20xx. The company uses the accrual method of accounting. In addition to the accounts you see below, the company uses Consulting Revenues #400, Sales #401, Gains #405 and the Salaries Expense #500 accounts. Journalize each transaction. P2. Prepare an adjusted trial balance as of December 31, 20XX. You will need to set up ledgers (or t-accounts) for each account used.   

According to the following article?Is mechanical or more organic structure suitable for company A?why?

Both A and B are two large sales companies, and B was acquired by Company A due to poor management. Both companies have a similar organizational structure - function-based design.However, after the acquisition of the new company, it suddenly increased a lot of shops and employees.After the completion of the acquisition of the new company, get an increase of many chain stores and a new Internet sector. In order to integrate these new businesses, the post-acquisition organizational structure must change. Now, the two companies that merged together became the largest sellers. Performance is gradually increasing. Although the company's merger has challenges, most of them have great confidence in the company's managers.

A company randomly chose 200 US households and found that in 120 of them, the women made the majority of the purchasing decisions. We want to know the population proportion of US housholds where women make the majority of purchasing decisions. Construct a 96% confidence interval to find p.  

a) what is p hat?

b) what is alpha?

c) what is the value of the test statistic

d) what is the value of the standard errror

e) what is the value of the margin of error

f) what is the lower boundary of the confidence interval

g) what is the upper boundary of the confidence interval

Making Human Resource Decisions

Scenario:

You are the Director of Human Resources for your company. The CEO has just informed you that the financial state of the company is dire, and as a result, he is approaching the managers of each department and asking them to reduce personnel costs. The company makes its profits primarily on services such as business consulting, cloud-based storage for large companies, and other small miscellaneous business products. The industry has become highly competitive and sales are down. There is not enough revenue at this point to pay all of the salespeople.

You are charged with devising a plan to determine how personnel costs will be reduced. After much deliberation, you decide on three options. Because this is a management dilemma, none of these options are optimal. Further, cost/ benefit analysis has a role in the decision making process, but as you are dealing with people, this type of analysis is complicated and subjective.

Options:

  1.  Lay off employees and use them only as needed on a project or change employment structure (i.e. move some employees to independent contractors)

  2.  Reduce salaries across the board

  3.  Reduce hours and/or benefits for lower-level staff

Instructions:

Choose one of the above options and defend this decision. Use concepts from the chapter to defend your decision.

What are the major risks associated with for-profit hospitals for the following: CEO: PATIENT: PAYER: SOCIETY:

a large corporation and compare the earnings of the CEO to the earnings of the average employee and reasons for this pay differential

explain why separation of roles of chairman and CEO is considered best practice in most jurisdictions

1. Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Stephanie reported $400 of earnings from her babysitting. Calculate the 2020 standard deduction Stephanie will claim (assume that Stephanie’s parents will claim her as a dependent).

QUESTION 9

1. Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Stephanie reported $1,600 of earnings from her babysitting. Calculate the 2020 standard deduction Stephanie will claim (assume that Stephanie’s parents will claim her as a dependent).

QUESTION 10

1. Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Stephanie reported $13,500 of earnings from her babysitting. Calculate the 2020 standard deduction Stephanie will claim (assume that Stephanie’s parents will claim her as a dependent).

QUESTION 11

1. Roquan is an attorney and practices as a sole proprietor. This year, Roquan had net business income of $90,000 from his law practice. Assume that Roquan pays $40,000 wages to his employees, he has $10,000 of property (unadjusted basis of equipment he purchased last year), has no capital gains or qualified dividends, and his taxable income before the deduction for qualified business income is $315,000. Calculate Roquan’s deduction for qualified business income.

QUESTION 12

1. Katie is a shareholder in Engineers One, a civil engineering company. This year, Katie’s share of net business income from Engineers One is $170,000. Assume that Katie’s allocation of wages paid by Engineers One to its employees is $300,000 and her allocation of Engineers One’s qualified property is $150,000 (unadjusted basis of equipment, all purchased within past three years). Assume Katie has no other business income, no capital gains or qualified dividends, and that her taxable income before the deduction for qualified business income is $400,000. Calculate Katie’s deduction for qualified business income.

QUESTION 13

1. Katie is a shareholder in Engineers One, a civil engineering company. This year, Katie’s share of net business income from Engineers One is $170,000. Assume that Katie’s allocation of wages paid by Engineers One to its employees is $300,000 and her allocation of Engineers One’s qualified property is $150,000 (unadjusted basis of equipment, all purchased within past three years). Assume Katie has no other business income, no capital gains or qualified dividends, and that her taxable income before the deduction for qualified business income is $140,000. Calculate Katie’s deduction for qualified business income.

On June 30, 2020, Ivanhoe Company issued $3,420,000 face value of 16%, 20-year bonds at $4,449,160, a yield of 12%. Ivanhoe uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31.

(a)

Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)