In: Psychology
Plant physiology
You have done a genetic screen for a mutant plant line (Arabidopsis of course!) that can not use glutamate as a nitrogen source. Describe one experiment you will do to provide proof that your mutant is defective in nitrogen assimilation. Be specific and thorough with your answer.
In: Biology
In: Psychology
You will have to experiment with using chmod on the
folder and the file to come up with the following:
Find the chmod commands for both the folder and the file that you
would use to give the minimum permissions for You (the owner) to be
able to edit and change the file (and I don’t want to see 777! ? )
:
___________________________________________________________
___________________________________________________________
___________________________________________________________
In: Computer Science
Python program to simulate estimate the probability that a random chord on a unit-circle (radius one), exceeds the radius of the circle? Repeat the experiment of generating random chords 1,000 times. Record the estimate of the probability that the chord length exceeds the radius
Please use comments to help explain
In: Computer Science
Question 1
In: Nursing
Can Lay out the design for two between-subjects experiments: a) an experiment involving an experimental group and a control group, and b) a factorial design with three independent variables that have three, and two levels respectively be exampled in more than one way and still be the correct answer?
In: Psychology
Miller Company acquired an 80 percent interest in Taylor Company on January 1, 2016. Miller paid $896,000 in cash to the owners of Taylor to acquire these shares. In addition, the remaining 20 percent of Taylor shares continued to trade at a total value of $224,000 both before and after Miller’s acquisition.
On January 1, 2016, Taylor reported a book value of $406,000 (Common Stock = $203,000; Additional Paid-In Capital = $60,900; Retained Earnings = $142,100). Several of Taylor’s buildings that had a remaining life of 20 years were undervalued by a total of $54,200.
During the next three years, Taylor reports income and declares dividends as follows:
| Year | Net Income | Dividends | ||||
| 2016 | $ | 47,700 | $ | 6,900 | ||
| 2017 | 62,100 | 10,400 | ||||
| 2018 | 69,300 | 13,900 | ||||
Determine the appropriate answers for each of the following questions:
What amount of excess depreciation expense should be recognized in the consolidated financial statements for the initial years following this acquisition?
If a consolidated balance sheet is prepared as of January 1, 2016, what amount of goodwill should be recognized?
If a consolidation worksheet is prepared as of January 1, 2016, what Entry S and Entry A should be included?
On the separate financial records of the parent company, what amount of investment income would be reported for 2016 under each of the following accounting methods?
The equity method.
The partial equity method.
The initial value method.
On the parent company’s separate financial records, what would be the December 31, 2018, balance for the Investment in Taylor Company account under each of the following accounting methods?
The equity method.
The partial equity method.
The initial value method.
As of December 31, 2017, Miller’s Buildings account on its separate records has a balance of $556,000 and Taylor has a similar account with a $208,500 balance. What is the consolidated balance for the Buildings account?
What is the balance of consolidated goodwill as of December 31, 2018?
Assume that the parent company has been applying the equity method to this investment. On December 31, 2018, the separate financial statements for the two companies present the following information:
| Miller Company | Taylor Company | ||||||
| Common stock | $ | 347,500 | $ | 203,000 | |||
| Additional paid-in capital | 194,600 | 60,900 | |||||
| Retained earnings, 12/31/18 | 430,900 | 290,000 | |||||
What will be the consolidated balance of each of these accounts?
In: Accounting
On January 2, 2016, Lovely, Inc. acquired a 15% interest in CPS
Corp. by paying P8,000,000 for 100,000 ordinary shares. On this
date, the net assets of CPS Corp totaled P40,000,000. The fair
values of CPS corp.'s identifiable assets and liabilities were
equal to their book values. Lovely did not have the ability to
exercise significant influence over the operating and financial
policies of CPS. Lovely received dividends of P1.40 per share from
CPS on October 1, 2016. CPS reported net income of P5,000,000 for
the year ended December 31, 2016. Lovely classified the investment
as at fair value through other comprehensive income. Market price
for the 100,000 shares was P9,000,000 on December 31, 2016.
Lovely paid P30,000,000 on January 1, 2017 for 300,000 additional
CPS ordinary shares, which represents a 25% interest in CPS. The
fair value of CPS Corp.'s identifiable assets, net of liabilities,
was equal to their book values of P92,000,000. As a result of this
additional acquisition, Lovely has the ability to exercise
significant influence over the operating and financial policies of
CPS. Lovely received a dividend of P2.70 per share on October 5,
2017. CPS reported net income of P6,000,000 for the year ended
December 31, 2017. The investment's fair value on December 31,
2017, is P45,000,000.
What is the total amount of investment-related income that should
be reported in the 2016 income statement?
Select one:
a. P750,000
b. P1,140,000
c. P1,610,000
d. P140,000
What is the carrying amount of the investment in associate on December 31, 2017?
Select one:
a. P45,000,000
b. P38,120,000
c. P39,000,000
d. P40,320,000
What is the goodwill arising from the acquisition of additional 300,000 shares on January 1, 2017?
Select one:
a. 0
b. P7,000,000
c. P9,000,000
d. P2,200,000
In the December 31, 2016, statement of financial position, what is the carrying amount of the investment in equity securities?
Select one:
a. P8,750,000
b. P9,000,000
c. P8,000,000
d. P8,610,000
What amount of gain on remeasurement to equity should be reported in the 2017 income statement?
Select one:
a. P1,000,000
b. P1,320,000
c. P1,080,000
d. 0
In: Accounting
Miller Company acquired an 80 percent interest in Taylor Company on January 1, 2016. Miller paid $768,000 in cash to the owners of Taylor to acquire these shares. In addition, the remaining 20 percent of Taylor shares continued to trade at a total value of $192,000 both before and after Miller’s acquisition.
On January 1, 2016, Taylor reported a book value of $616,000 (Common Stock = $308,000; Additional Paid-In Capital = $92,400; Retained Earnings = $215,600). Several of Taylor’s buildings that had a remaining life of 20 years were undervalued by a total of $82,200.
During the next three years, Taylor reports income and declares dividends as follows:
| Year | Net Income | Dividends | ||||
| 2016 | $ | 72,300 | $ | 10,500 | ||
| 2017 | 94,500 | 15,800 | ||||
| 2018 | 105,300 | 21,100 | ||||
Determine the appropriate answers for each of the following questions:
What amount of excess depreciation expense should be recognized in the consolidated financial statements for the initial years following this acquisition?
If a consolidated balance sheet is prepared as of January 1, 2016, what amount of goodwill should be recognized?
If a consolidation worksheet is prepared as of January 1, 2016, what Entry S and Entry A should be included?
On the separate financial records of the parent company, what amount of investment income would be reported for 2016 under each of the following accounting methods?
On the parent company’s separate financial records, what would be the December 31, 2018, balance for the Investment in Taylor Company account under each of the following accounting methods?
As of December 31, 2017, Miller’s Buildings account on its separate records has a balance of $844,000 and Taylor has a similar account with a $316,500 balance. What is the consolidated balance for the Buildings account?
What is the balance of consolidated goodwill as of December 31, 2018?
Assume that the parent company has been applying the equity method to this investment. On December 31, 2018, the separate financial statements for the two companies present the following information:
| Miller Company | Taylor Company | ||||||
| Common stock | $ | 527,500 | $ | 308,000 | |||
| Additional paid-in capital | 295,400 | 92,400 | |||||
| Retained earnings, 12/31/18 | 654,100 | 440,300 | |||||
What will be the consolidated balance of each of these accounts?
In: Accounting