In: Accounting
Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyer’s outstanding shares continue to trade at a collective value of $174,000. On the acquisition date, Sawyer has the following accounts: Book Value Fair Value Current assets $ 210,000 $ 210,000 Land 170,000 180,000 Buildings 300,000 330,000 Liabilities (280,000 ) (280,000 ) The buildings have a 10-year remaining life. In addition, Sawyer holds a patent worth $140,000 that has a five-year remaining life but is not recorded on its financial records. At the end of the year, the two companies report the following balances: Parker Sawyer Revenues $ (900,000 ) $ (600,000 ) Expenses 600,000 400,000 Assume that the acquisition took place on January 1. What figures would appear in a consolidated income statement for this year? Assume that the acquisition took place on April 1. Sawyer’s revenues and expenses occurred uniformly throughout the year. What amounts would appear in a consolidated income statement for this year?
In: Accounting
The opening statement on the website of the Organization of Petroleum Exporting Countries (OPEC) says its members seek “. . . to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.” To achieve this goal, OPEC attempts to coordinate and unify petroleum policies by raising or lowering its members’ collective oil production. However, increased production by Russia, Oman, Mexico, Norway, and other non-OPEC countries has placed downward pressure on the price of crude oil. To achieve its goal of stable and fair oil prices, what must OPEC do to maintain the price of oil at its desired level? Do you think this will be easy for OPEC to do? Explain.
NOTE: YOUR ANSWERS IN THIS SECTION WILL BE SUBJECTED TO A PLAGIARISM CHECK AND ANY ANSWER WITH MORE THAN 20% SIMILARITY INDEX WILL BE AWARDED ZERO POINTS. YOUR ANSWER TO EACH QUESTION SHOULD NOT BE MORE THAN ONE PAGE.
In: Economics
How can you align people from different backgrounds, including different experiences, different definitions of morality/ethics, and different levels of commitment to the company to your company's overall goals and values?
What strategies would you use to bring together people from a variety of backgrounds to work on a common goal? (This might include differences in age, gender, race, sexual orientation, family origin, place of origin [i.e., urban/rural], or other differences.)
Describe how you will get alignment within your work team considering all of the different potential drivers and definitions of success. How will you actively seek to understand where people are in their mindset and how will you keep them on track?
Consider that a company's values should define how the collective 'we' operates within the company and that in order to be truly great, a company must have everyone on the same page. Be sure to include specific examples with evidence from the reading or from our outside research.
In: Operations Management
Homer is a safety inspector at a unionized nuclear power plant. He was scheduled to go on a five-day vacation starting on Monday, April 22, and return to work on Monday, April 29. On the morning of his first day of vacation, Homer's sister-in-law died suddenly of undiagnosed lung cancer. Homer called his manager on Friday, April 26, and asked to have four (4) days of his vacation (April 23–26) reinstated and paid as bereavement leave “in accordance with Article 10.04.” The collective agreement reads as follows: Article 10.04: Vacation Reinstatement for Bereavement Leave An employee who is informed of the death of a relative prior to the start of his/her scheduled vacation may have up to three (3) vacation days reinstated and paid as bereavement leave. What would you tell Homer? Would you grant him his request? Why or why not? Make whatever assumptions you feel are necessary in order to defend your answer.
In: Operations Management
Problem Set 1: The paired-samples t test Research Scenario: Children who experience chronic pain as a result of medical procedures are the focus of a psychiatrist’s study. Specifically, the psychiatrist wants to measure whether a new program helps decrease feelings of chronic pain in the short-term. She measures children’s self-reports of pain levels before treatment on a standardized scale with a range of 0-10, with 10 being the most severe. She then administers the new program, and measures children’s pain levels after treatment. The data are contained in the table below. Does the new treatment decrease self-reported levels of chronic pain? Using this table, enter the data into a new SPSS data file and run a paired-samples t test to test the claim that the new program decreases self-reported levels of chronic pain. Follow the directions below the table to complete the homework.
|
Pain before treatment |
Pain after treatment |
|
9 5 6 4 3 10 9 9 7 5 2 5 8 3 6 7 |
8 6 4 3 3 8 6 7 8 4 4 4 5 5 3 8 |
Write an APA-style Results section based on your analysis. Include your boxplot as an APA-style figure as demonstrated in the APA writing presentation.
Problem Set 2: The paired-samples t test
Research Scenario: A social worker in a rural school district is interested in how a new program is affecting the number of days that high school students are truant from school (i.e. absent without permission from parents, doctor, etc.). She takes a sample of 15 students from school records and notes the number of days truant in the year before the program and the year after the program. The data are listed in the table below.
Using this table, enter the data into a new SPSS data file and run a paired-samples t test to test the claim that there is a difference in the number of truant days before and after the program was implemented. Follow the directions below the table to complete the homework.
|
Days Truant from School Year 1 |
Days Truant from School Year 2 |
|
15 10 4 1 19 2 6 0 0 3 27 4 12 0 5 |
10 12 6 0 5 0 7 1 0 6 11 4 8 16 4 |
Write an APA-style Results section based on your analysis. Include your boxplot as an APA-style figure as demonstrated in the APA writing presentation.
In: Statistics and Probability
3. If you need P15,000 now (April 1, 2020), how much loan should you apply for from a friend who charges 12% simple discount if the loan is payable on July 1, 2020?
In: Accounting
In: Economics
Assume you have received an invoice dated April 12, 2020 for $15,670.00 with terms of 2/10/n30. How much will you pay, assuming you will send payment on Monday, April 20, 2020.
In: Finance
Pranks, Inc. is a manufacturer of joke and novelty products for perpetrators of practical jokes. The corporation has paid several cash dividends throughout Year 6, the current year. It is also declaring a stock dividend to its stockholders as the calendar year-end approaches. You’ve been brought in as a consultant to assist with this process, and also to help determine whether some missing information can be determined before the distribution of the stock dividend is made. The company has two classes of stock: common stock and cumulative preferred stock.
You’ve been able to retrieve the following information so far:
| Number of common shares authorized | 800,000 |
| Number of common shares issued | 650,000 |
| Par value of common shares | $20 |
| Par value of cumulative preferred shares | $30 |
| Additional Paid-in Capital - Common Stock | $7,000,000 |
| Additional Paid-in Capital - Preferred Stock | $0 |
| Total retained earnings before the stock dividend is declared | $33,500,000 |
| Total Cash |
Preferred Dividends |
Common Dividends |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Dividends | Total | Per Share | Total | Per Share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Year 1 | 40,000 | 40,000 | 0.20 | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Year 2 | 72,000 | 72,000 | 0.36 | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Year 3 | 122,000 | 68,000 | 0.34 | 54,000 | 0.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Year 4 | 150,000 | 60,000 | 0.30 | 90,000 | 0.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Year 5 | 168,000 | 60,000 | 0.30 | 108,000 | 0.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Year 6 | 240,000 | 60,000 | 0.30 | 180,000 |
0.30 Pranks, Inc. is a manufacturer of joke and novelty products for perpetrators of practical jokes. The corporation has paid several cash dividends throughout Year 6, the current year. It is also declaring a stock dividend to its stockholders as the calendar year-end approaches. You’ve been brought in as a consultant to assist with this process, and also to help determine whether some missing information can be determined before the distribution of the stock dividend is made. The company has two classes of stock: common stock and cumulative preferred stock. You’ve been able to retrieve the following information so far:
X Cash Dividends Shaded cells have feedback. The accounting manager for the company prepared the schedule of cash dividends paid from Year 1 to Year 6 on the Pranks, Inc. panel. However, one of the reasons for Pranks, Inc.’s missing information is that the manager is away on vacation and is unreachable by phone, because he is backpacking on a remote island that does not have cell phone reception. Management would like you to determine some information from the data you’ve collected regarding its outstanding stock. Fill in the following answers.
Points: 3 / 3 Feedback Check My Work Review the definitions of the items, and the amounts that are included in their computation. X Stock Dividend Shaded cells have feedback. The company declared a 3% common stock dividend on December 1, and would like you to compute the following pieces of missing information. The market value of the common shares is $24.00 on December 1, and is $30.00 on the actual distribution date of the stock, December 31. Fill in the missing information in the following table, using the information given and your work on the other panels. All “before” items are before the stock dividend was declared. All “after” items are after the stock dividend was declared and closing entries were recorded at the end of the year.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting