Questions
How did Ford implement vertical integration? What benefits were they looking for? What were the risks...

How did Ford implement vertical integration?

What benefits were they looking for?

What were the risks involved in the vertical integration?

Why didn't Ford in the early days set out to diversify their product offerings?

In: Operations Management

what are the stories of Adam & Eve and Abraham & Sarah about in and of...

what are the stories of Adam & Eve and Abraham & Sarah about in and of themselves? What themes do the authors of the New Testament emphasize when discussing these stories? What does this tell us about the beliefs of the early Christians?

In: Psychology

Where did Hip Hop originate? Who are some of the early innovators of Rap? What are...

Where did Hip Hop originate? Who are some of the early innovators of Rap? What are some of the major musical developments of Rap/Hip Hop? How does this style of music continue to influence popular music?

In: Operations Management

identify the historical periods or phases in the evolution of the international system and discuss the...

identify the historical periods or phases in the evolution of the international system and discuss the 4 consequences of the peace of Westphalia treaty: early idealist belief about the international system and how globalization has impacted these key principles today?

In: Psychology

Harper,  Inc. acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2017,...

Harper,  Inc. acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2017, for $259,200 in cash. The book value of Kinman's net assets on that date was $465,000, although one of the company's buildings, with a $72,200 carrying amount, was actually worth $129,700. This building had a 10-year remaining life. Kinman owned a royalty agreement with a 20-year remaining life that was undervalued by $125,500.

Kinman sold inventory with an original cost of $109,200 to Harper during 2017 at a price of $156,000. Harper still held $16,200 (transfer price) of this amount in inventory as of December 31, 2017. These goods are to be sold to outside parties during 2018.

Kinman reported a $49,800 net loss and a $27,000 other comprehensive loss for 2017. The company still manages to declare and pay a $9,000 cash dividend during the year.

During 2018, Kinman reported a $55,000 net income and declared and paid a cash dividend of $11,000. It made additional inventory sales of $124,000 to Harper during the period. The original cost of the merchandise was $77,500. All but 30 percent of this inventory had been resold to outside parties by the end of the 2018 fiscal year.

Prepare all journal entries for Harper for 2017 and 2018 in connection with this investment. Assume that the equity method is applied. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.)

Date General Journal Debit Credit
1/1/2017 Investment in Kinman Co $
Cash $
(To record initial investment)
During 2017 Dividends Receivable $
Investment in Kinman Co $
(To record dividend declaration)
Cash $
Dividends Receivable $
(To record receipt of dividend)
12/31/2017 Equity in Kinman Income - Loss $
Other Comprehensive Loss of Kinman $
Investment in Kinman Co $
(To record accrual of income and OCI from equity investee, 40% of reported balances)
12/31/2017 Equity in Kinman Income - Loss $
Investment in Kinman Co $
(To record amortization relating to acquisition Of Kinman)
12/31/2017 Equity in Kinman Income-Loss $
Investment in Kinman Co $
(To defer unrealized gross profit on intra-entity Sale)
During 2018 Dividends Receivable $
Investment in Kinman Co $
(To record dividend declaration)
Cash $
Dividends Receivable $
(To record receipt of dividend)
12/31/2018 Investment in Kinman Co $
Equity in Kinman Income $
(To reccord the 40% accrual income as earned by equity investee)
12/31/2018 Equity in Kinman Income $
Investment in Kinman Co $
(To record the amortization relating to the Acquisition of Kinman)
12/31/2018 Investment in Kinman Co $
Equity in Kinman Income $
(To recognize income deferred from 2017)
12/31/2018 Equity in Kinman Income $
Investment in Kinman Co $
(To deferred Unrealized gross profit on intera equity sale)

In: Accounting

Categorize these transactions into Capital Budgeting, Capital Structure, and Working Capital Management decisions by putting (CB),...

  1. Categorize these transactions into Capital Budgeting, Capital Structure, and Working Capital Management decisions by putting (CB), (CS), or (WCM) by each item: (10 points)
    1. A company purchasing a new fleet of corporate vehicles.
    2. A company divesting (spinning off) a business line
    3. A company repurchasing its own stock back from stockholders
    4. A company paying off its bondholders early
    5. A company demanding early payment on its accounts receivable

1A) How much should I sell my car for in 5 years if I buy it for $40,000 and want to lose no more than 10% per year in depreciation?

1B)What must the EAR be on a 10-year annuity that makes $100 quarterly payments and costs $10,000 today?

In: Finance

Covid-19 has disrupted lives worldwide, claiming the lives of thousands in many countries. One of the...

Covid-19 has disrupted lives worldwide, claiming the lives of thousands in many countries. One of the early forecasts for the number of deaths due to Covid-19 in the US was over 2 million. The forecast number in the UK was 510,000. More recent updates from this early forecast now is 100,000 to 200,000 in the US and likely no more than 20,000 in the UK.
1) How could these forecasts be so far apart?
2) What variables would you use to make your forecast of the number of deaths which might result from Covid-19? Be sure to indicate the relationship between your variable and the number of deaths (is each variable negatively or positively related to the number of deaths). Your variable should also be quantifiable.

In: Economics

Jay Oullette, CEO of Bumper to Bumper Inc., anticipates that his company's year-end balance sheet will...

Jay Oullette, CEO of Bumper to Bumper Inc., anticipates that his company's year-end balance sheet will show current assets of $12,774 and current liabilities of $7,480. Oullette has asked your advice concerning a possible early payment of $3,770 of accounts payable before year-end, even though payment isn't due until later.

Required:

  1. Calculate the firm’s working capital and current ratio under each situation.
  2. Assume that Bumper to Bumper had negotiated a short-term bank loan of $6,000 that can be drawn down either before or after the end of the year. Calculate working capital and the current ratio at year-end under each situation, assuming that early payment of accounts payable is not made

In: Accounting

Times (days) Activity Optimistic Most Likely Pessimistic Preceding Tasks 1 8 10 13 - 2 5...

Times (days)

Activity

Optimistic

Most Likely

Pessimistic

Preceding Tasks

1

8

10

13

-

2

5

6

8

-

3

13

15

21

2

4

10

12

14

1,3

5

11

20

30

4

6

4

5

8

5

7

2

3

4

5

8

4

6

10

7

9

2

3

4

8,6

  1. Draw the AON Network Diagram
  2. Compute the expected activity time
  3. Using the expected activity times, compute the early start, early finish, late start, late finish, and total float for each activity.
  4. Compute the probability of completing the critical path in 69 days.

In: Operations Management

Your first Assignment for History of Psychology will assess your understanding of the material you have...

Your first Assignment for History of Psychology will assess your understanding of the material you have learned in the first four units. You will be required to consider how philosophy and physiology have influenced early psychological thought and how that applies to psychology today. Write a 2–3- page expository essay incorporating the following:
Discuss the major contributions of one philosopher and outline his or her major contributions to the field.
Discuss the major contributions of one physiologist and outline his or her major contributions to the field.
Discuss how philosophy and physiology have influenced psychology.
Provide examples of how the early theorists you selected would assess the case study example you created in this week’s discussion topic.

In: Psychology