Days Ltd's financial year ended on 30 June 2020. The following events occurred between the end of the reporting period and the date the directors of Edwards Ltd expect to authorise the financial statements for issue:
REQUIRED
For each of the above material after-reporting-period events, state whether adjustment or disclosure is required in the 30 June 2020 financial statements. Assume the above events would not significantly affect the going-concern assumption for Days Ltd.
(No need for financial statement notes or any journal entries for adjustments.)
In: Accounting
On January 1, 2020, Kingbird Inc. issued $350,000 of 6-year, 3% bonds to yield a market interest rate of 4%. Interest is paid every quarter on January 1, April 1, July 1, and October 1. Kingbird has a calendar year end. After recording the December 31, 2021 accrual for quarterly interest, and making the payment on January 1, 2022, all the bonds were redeemed at 101.
Prepare a bond amortization schedule for the first two years (8 interest periods). (Round answers to 0 decimal places, e.g. 5,276.) KINGBIRD INC. Bond Discount Amortization Schedule Effective-Interest Method Semi-Annual Interest Period Interest Payment Interest Expense Amortization Bond Amortized Cost Issue Date, Jan. 1, 2020 $ Apr. 1, 2020 $ $ $ $ Jul. 1, 2020 Oct 1, 2020 Dec. 31, 2020 (accrual) Apr. 1, 2021 Jul. 1, 2021 Oct 1, 2021 Dec. 31, 2021 (accrual)
In: Accounting
Assume the current U.S. dollar-British spot rate is $1.3063=£. If the current nominal one-year interest rate in the U.S. is 1.5% and the comparable rate in Britain is 0.75%, what is the approximate forward exchange rate for 90 days?
In: Finance
A humane society claims that 5% of U.S. households have taken in a stray dog. In a random sample of 200 U.S. households, 12 say they have taken in a stray dog. At α = 0.05, is there enough evidence to reject the society’s claim?
In: Statistics and Probability
Zika virus infection, a zoonotic disease, produced somewhat sizable outbreaks recently in certain areas of Central America, but not in the U.S.(although they were some infected individuals uncovered in the U.S.). Provide two plausible explanations for this dichotomy, and explain.
In: Biology
Focus on the difference between the U.S. and Japanese financial markets and how the Japanese markets make high financial leverage more attainable than that possible for U.S. firms. Please provide some research and respond with accurate Citation and Reference.
In: Finance
How each of the following changes will affect the real exchange rate (the number of US baskets per EU basket of goods/services):
a.The relative demand of U.S. products decreases.
b.The relative demand of U.S. products decrease
In: Finance
What steps should a CEO of a small community hospital take to make sure his/her hospital is better known, increase the utilization of select services, and increase the revenue. Alos state his/her assumptions (eg.; which services are best, where is excess capacity, e.t.c) .
In: Nursing
Identify a party (other than stockholders) that can be classified as a stakeholder for a corporation. What obligation does the corporation have to this party? Describe a situation where stockholder claims on the organization might conflict with the claims of this stakeholder group. If you were CEO, how would you resolve these conflicts?
In: Finance
Write an executive summary on your learning of the risk management project for your CEO. Ensure you state the bottom line upfront and then provide details that impact the business the most from a risk perspective.
I worked with AECOM engineer firm on a demolition site in Japan.
200 words
In: Operations Management