In: Biology
State the Etiology, Prognosis, and Complications for Spinal Cord Injury, Dementia and Acquired Brain Injury.
In: Nursing
Explain the various ways that personal property can be acquired by means other than purchase.
In: Accounting
describe the impact of acquired brain injury in canada.include a minimum of 3 details with supporting information
In: Anatomy and Physiology
State the Etiology, Prognosis, and Complications for Spinal Cord Injury, Dementia and Acquired Brain Injury.
In: Nursing
In January 2019, Miller Construction Corp. contracted to construct a building for $3,600,000. Construction started in early 2019 and was completed in 2020. The following additional information is available:
| 2019 | 2020 | |
|---|---|---|
| Cost Incurred | $1,458,000 | $1,620,000 |
| Estimated costs to complete | 1,560,000 | - |
| Billed | 1,700,000 | 1,900,000 |
| Collections during the year | 1,440,000 | 2,160,000 |
Miller uses the percentage-of-completion method.
Under the contract-based approach for percentage completion,
a) How much revenue should Miller report for 2019 and 2020?
b) Prepare all journal entries for 2019 and 2020 for this contract.
c) What amounts would be presented on Miller’s December 31, 2019 Balance Sheet?
d) What is the gross profit on the project for each of 2019 and 2020?
In: Accounting
In 2020 and 2019, your cash was 4,563 and 3,597, your accounts receivables were 7,531 and 6,423, and your inventory was 10,235 and 11,563. Similiarly, in 2020 and 2019 your accounts payable was 8,423 and 5,789, and your other current liabilities were 7,413 and 10,356. Lastly from the balance sheet, in 2020 and 2019 your net fixed assets were 74,562 and 71,246. In 2020 your net sales were 111,425, your costs of good sold was 38,999, rent was 48,543, and depreciation was 2,015. You paid interest of 1,728 and your tax rate was 20.36%. What is cash flow from assets (i.e. free cash flow) in 2020?
-4,786
10,452
11,453
13,396
-8,476
5,478
In: Finance
Reed Corp. sells $500,000 of bonds to private investors on January 1, 2020. The bonds are due in five years, have a 8% coupon rate, and interest is paid semi-annually on June 30 and December 31. The bonds were sold to yield 6%.
Required:
1 Determined the bond issue prince.
2 Prepare journal entry to record the interest payment on June 30, 2020.
3 Prepare journal entry to record the interest payment on December 31, 2020.
4 What was the bond interest expense reported in Reed’s 2020 income statement?
5 How would the bonds be reported on the balance sheet on December 31, 2020, the fiscal year-end?
In: Accounting
This information is available for Bramble Corp. for 2018, 2019,
and 2020.
|
2018 |
2019 |
2020 |
||||
| Beginning inventory | $ 115,000 | $ 314,500 | $ 411,500 | |||
| Ending inventory | 314,500 | 411,500 | 477,000 | |||
| Cost of goods sold | 901,000 | 1,126,000 | 1,301,000 | |||
| Sales revenue | 1,208,000 | 1,599,500 | 1,892,500 |
a) Calculate inventory turnover for Bramble Corp. for 2018, 2019, and 2020. (Round answers to 2 decimal places, e.g. 1.52.)
b) Calculate days in inventory for Bramble Corp. for 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 1.5. Use 365 days for calculation)
c) Calculate gross profit rate for Bramble Corp. for 2018, 2019,
and 2020. (Round answers to 0 decimal places, e.g.
125%)
In: Accounting
Journal entries for the following scenarios:
| 2/29/2020 | Defer revenue | Phone Consulting services recorded on invoice #1009 for $875 for Rooney Enterprises were deemed unearned as of 2/28/2020. Use journal entry 15 to defer this revenue. | |
| 2/29/2020 | Accrue depreciation | Depreciation Expense of $1,700 ($850, $500, and $350 for Building, Furniture & Fixtures, and Machinery & Equipment, respectively). Use journal entry 17 to record this depreciation. | |
| 2/29/2020 | Accrue revenue | Phone Consulting services of $3,500 were performed on 2/28/2020 for a new customer, Rigel Works, but not invoiced or recorded into the accounting records. Use journal entry 18 to accrue this revenue. |
In: Accounting