Haynes, Inc., obtained 100 percent of Turner Company’s common stock on January 1, 2017, by issuing 10,500 shares of $10 par value common stock. Haynes’s shares had a $15 per share fair value. On that date, Turner reported a net book value of $110,750. However, its equipment (with a five-year remaining life) was undervalued by $8,850 in the company’s accounting records. Also, Turner had developed a customer list with an assessed value of $37,900, although no value had been recorded on Turner’s books. The customer list had an estimated remaining useful life of 10 years. The following balances come from the individual accounting records of these two companies as of December 31, 2017: Haynes Turner Revenues $ (686,000 ) $ (318,000 ) Expenses 490,000 149,000 Investment income Not given 0 Dividends declared 100,000 80,000 The following balances come from the individual accounting records of these two companies as of December 31, 2018: Haynes Turner Revenues $ (799,000 ) $ (390,000 ) Expenses 516,000 180,500 Investment income Not given 0 Dividends declared 110,000 60,000 Equipment 571,000 359,000 a. What balance does Haynes’s Investment in Turner account show on December 31, 2018, when the equity method is applied? b. What is the consolidated net income for the year ending December 31, 2018? c-1. What is the consolidated equipment balance as of December 31, 2018? c-2. Would this answer be affected by the investment method applied by the parent? d. Prepare entry *C for the beginning of the Retained Earnings account on a December 31, 2018 by using initial value, partial equity and equity method. Req A to C2Req D a. What balance does Haynes’s Investment in Turner account show on December 31, 2018, when the equity method is applied? b. What is the consolidated net income for the year ending December 31, 2018? c-1. What is the consolidated equipment balance as of December 31, 2018? c-2. Would this answer be affected by the investment method applied by the parent? Show less a. Investment in Turner account b. Consolidated net income c-1. Consolidated equipment c-2. Would this answer be affected by the investment method applied by the parent? Prepare entry *C for the beginning of the Retained Earnings account on a December 31, 2018 by using initial value, partial equity and equity method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Consolidation Worksheet Entries Prepare entry *C if the parent used the initial value method. Note: Enter debits before credits. Date Accounts Debit Credit December 31, 2018

Issue 3:

My next issue relates to the sale of non-current assets within the Group. The adjustments to Depreciation and Accumulated Depreciation in the worksheet is very confusing. I don’t understand why we should be making any adjustments to these accounts which have nothing to do with the sale of a non-current asset. Why do we need this entry?

Is Aspirin polar or non-polar?

In my thin layer chromotography lab the aspirin traveled far up the silica gel plate which would mean it's non-polar.

But looking that the chemical structure it looks to me like it is polar.

Why would it travel up the plate so far if it is a polar molecule or is it not polar for some other reason?

Discuss the idea that unemployment is a "non-problem".

Jean-Baptiste Say, the classical economists, and some contemporary economists would argue that a discussion of unemployment is a "non-problem." Discuss the position that France or Germany really has no "unemployment problem." Hint: examine union rules, customs, and lifestyles, and compare union-management bargaining positions in France or Germany with those in Ireland or Spain.

During chapters 9, 13, 15, and 16, the class was introduced to reconciling the fund financial statements to the government wide financial statements.  The class was also introduced to non profit accounting. From these chapters, please select one aspect of government wide financial statements, the reconciliation to the government wide financial statements, or non profit accounting standards to discuss.

In class we discussed three non-traditional banking companies (Goldman Sachs, Mutual of Omaha and

BMW Financial) Identify two more non-traditional banking companies and conduct a similar analysis.

Provide a brief history, an overview of their business model and briefly comment on their recent financial

performance. Do you believe they are a successful institution? Why or why not.

In your own words, the debate over unisex or non-gendered bathroom has been a hot issue lately. Do you think someone who is transgender should have to pick between male or female? Do you support unisex or non-gendered bathrooms? Do you think it’s more controversy than it should be? Debate.


Define multiplication on ℤ? by ? ⊙ ? = ? where ? is the remainder when the product ?? is divided by ?.

(a) Show that this operation is commutative.

(b) Show that this operation is associative.

(c) Show that there is an identity element for this operation.

(d) Show that for ? = 5, the set of non-zero elements forms a group under multiplication.

(e) Show that for ? = 6, the set of non-zero elements does not form under multiplication.

Referring to Problem 2 above, suppose the HTML file references ten very small objects on the same server. Neglecting transmission time, how much time elapses with a. Non-persistent HTTP with no parallel TCP connections? b. Non-persistent HTTP with the browser configured for 3 parallel connections? c. Persistent HTTP? (Assume that pipelining is used.)

This week we are studying monetary policy. There are two major opinions on what the appropriate monetary policy should be: activists argue that monetary policy should be deliberately used to smooth out the business cycle while non-activists argue against discretionary monetary policy. Discuss some of the reasons why the activists favor intervention and the non-activists do not.