IT professionals work with many non-IT business partners whose understanding and support are critical to ensuring that IT strategies are implemented and goals are attained.
Imagine you are working with a non-IT partner who does not understand the differences between an analytics database and a data warehouse; nor does your partner understand the effect that the differences have on how you approach data analytics.
Respond to the following in a minimum of 150 words (worth 20 points):
In: Computer Science
Do some research on integrated reporting or non-financial reporting and answer the following (with citations and sources):
In: Accounting
a) Maddow and Wells, Inc. purchased equity securities in 2018. The management of the company has decided that the securities will not be sold immediately, but will be held for at least three years. This will allow MW to maximize the potential gains from holding the securities. The new accountant at the company wants to classify the securities as held-to-maturity because they will be held for three years; the company has never held securities for this long before. How would you advise the management of the company to classify the securities? At the end of each reporting year, how will the securities be recognized on the company’s books? Support your response with an appropriate ASC reference (ASC xxx-xx-xx-x) or ASU (accounting standard update). Ideally, this part should not exceed one page. (75 points)
b) Cryptocurrency and Initial Coin Offering are unique investing tools. How does the SEC view these two instruments? Use the SEC’s website to find relevant information about the SEC’s stance on these instruments. Support your discussion with relevant citations from the SEC. Use APA formatting. Ideally, this part should not exceed one page. (75 points)
In: Finance
The Portfolio entry should be a minimum of 250 words and not more than 750 words. Use APA citations and references if you use ideas from the readings or other sources. For this week’s portfolio activity, please advise the instructor of the following:
In: Finance
Now that Ned can keep track of the salespeople and the various
calls they go on, he would like to begin
tracking his customers sales. Ned has indicated that a customer may
place an order for the various
services his company provides and can order many different services
on a single order. The orders will
need to keep track of the date the order was place, for what
services and the price for those services.
Ned has indicated that the price of the service may change
depending on his costs so will need to keep
track of this for each service ordered at the time of order. Ned
has also indicated that his salespeople
receive commissions, so he will need to keep track of which
customer orders are attributed to the
salesperson responsible for the account at the time of the sale. A
salesperson may be moved to a
different account which could potentially cause commission
calculation issues, so this must be
accounted for in your design.
Design the necessary Entities in order to keep track of Ned’s
customers orders. Update your design
documents and make the additions to the database.
Assignment
1) Update the ERD to include the design of the new Entities. Use
Visio to create the ERD. Indicate
the Required attributes on the diagram as well as primary/foreign
keys. Display optional vs
mandatory relationships as well as relationship strength using the
appropriate symbols.
2) State the business rule relationships of the new entities.
3) Change Ned’s Access Database to include the new entities. Ensure
that any necessary referential
integrity rules are enforced between the new entities to ensure
integrity of the database.
In: Computer Science
Financial Information for Lotus Limited and its 100% owned subsidiary, Troy Limited, for the period ended 31 December 2018 is shown in the table below:
|
Lotus Limited |
Troy Limited |
|
|
$ |
$ |
|
|
Sales Revenue |
50000 |
47200 |
|
Dividend Revenue |
2000 |
0 |
|
Gain On Sale of Property, Plant and Equipment |
2000 |
4000 |
|
Other Income |
2000 |
4000 |
|
Total Income |
56000 |
55200 |
|
Cost of Sales |
42000 |
36000 |
|
Other Expenses |
6000 |
2000 |
|
Total Expenses |
48000 |
38000 |
|
Profit Before Income Tax |
8000 |
17200 |
|
Income Tax Expense |
2700 |
3900 |
|
Profit for the Period |
5300 |
13300 |
|
Retained earnings ( 1 January 2018) |
12000 |
6000 |
|
17300 |
19300 |
|
|
Interim Dividend Paid |
5000 |
2000 |
|
Retained earnings (31 December 2018) |
12300 |
17300 |
ADDITIONAL INFORMATION:
Lotus Limited acquired the shares in Troy Limited at 1 January 2018, buying the 10000 shares in Troy Limited for $40000. At that date, Troy Limited recorded share capital of $20000. The shares were bought on acumulation div basis. Troy Limited had declared prior to the acquisition a dividend of $6000 that was paid in March 2018.
At 1 January 2018, all identifiable assets and liabilities of Troy Limited were recorded at fair value, except for inventories, for which the carrying amount was $800 less than fair value. A number of inventories have been difficult to sell, and 10% of it is still in hand at 31 December 2018.
Inventories on hand in Troy Limited at 31 December 2018 also include some items acquired from Lotus Limited during the period ended 31 December 2018. These were sold by Lotus Limited for $10000, at a profit before tax of $2000.
Half of the goodwill was written off as the result of an impairment test on 31 December 2018.
During March 2018, Lotus Limited provided management services to Troy Limited at a fee of $1000 paid by 31 December 2018.
On 1 July 2018, Troy Limited sold machinery to Lotus Limited at a gain of $4000. This machinery had a carrying amount to Troy Limited of $40000. Lotus considered that this machinery had a 5 year life.
By 31 December 2108, the financial assets acquired by Lotus Limited and Troy Limited from external entities increased $2000 and $1300 respectively, with gains and losses being recognised in other comprehensive income.
The TAX RATE is 30%
Questions
1. Prepare the acquisition analysis as at 1 January 2018.
2.Prepare the business combination valuation entries and pre-acquisition entries as at 1 January 2018.
In: Accounting
The average rent in a city is $1500 per month with a standard deviation of $250. Assume rent follows the normal distribution. Use the empirical rule to answer the following questions.
a. what percentage of rents are between 1250 and 1750?
b. what percentage of rents are less than 1250?
c. what percentage of rents are greater than 2000?
In: Statistics and Probability
Suppose you have a reed of length 1 unit. If you haphazardly break this reed twice (forming 3 pieces), those 3 pieces might form a triangle, or they might not. What is the empirical probability that you can form a triangle from the pieces? Estimate this by “breaking” 2000 reeds twice and seeing if the parts form triangles.
In: Statistics and Probability
What are the four functions of money? Explain your answer.
Non-plagarized, each answer to question has to be 2 paragraphs and the paragraphs have to be 250 words with APA in text citations and reference page that is also APA format
In: Economics
1. Give a brief description of Medicare. (no more than 2 sentences).
a) Discuss 3 specific (non-age; non-financial) criteria for services from the program, for an older adult client. Be sure to cover service, length of time, provider types that may provide the service, the channels through which the patient may obtain each service.
Kindly provide references and citations.
In: Nursing