On 1st January, 2016, a building materials
manufacturing company in Oman purchased a farm land from the
outskirts of Al Dhakliyah region. The cost of the property was OMR
675,000 and the company has made the settlement in full. The
property tax of OMR 36,000 was due from the previous owner of the
farm was paid by the company. All the legal costs relating to the
acquisition of land was OMR 5,400. The old building in the farm
land was demolished at a cost of OMR 54,000 and certain materials
from the old building were recovered by the demolishing persons.
The total value of the salvaged materials from the demolished
buildings was sold out and the value of such salvaged materials
sold was OMR 9,000. The company is proposed to construct a new
building which is going to be used exclusively for its business
purpose. The city municipality has assessed for water connections,
sewage and pavement of street and for this process the total cost
was arrived at OMR 27,000.
a) Calculate the total cost of land to be recorded in
the statement of financial position.
b) Usually, when a land is purchased much type of
other related costs will be included with the purchase price of
land. Mention the name of the costs which are included with the
purchase price. Though it is a Land the life is an unlimited. Hence
land is not considered for depreciation but land and building
absolutely comes under depreciation. If you are agreeing with this
statement, critically analyze with your explanation.
In: Accounting
Graphs with Matplotlib Using the library Matplotlib and the provided data files create the following graphs:
I) Pie chart
Create a pie chart that shows the percentage of employees in each department within a company. The provided file: employee_count_by_department.txt contains the data required in order to generate this pie chart.
II) Line Graph
Create a line graph that shows a company's profit over the past ten years. The provided file: last_ten_year_net_profit.txt contains the data required in order to generate this line graph.
III) Bar Graph
Create a bar graph that shows a company's profit over the past ten years. The provided file: last_ten_year_net_profit.txt contains the data required in order to generate this bar graph. Info: Be sure to label all the axes of each graph with meaningful labels and provide an appropriate title to each of the graphs (mentioned above) being generated. Hint, the names of the files and the headers provided in each of the data files should help
-----------------------
last_ten_year_net_profit.txt
Year ; Profit in $USD
2009 ; $175,000
2010 ; $250,000
2011 ; $525,000
2012 ; $239,000
2013 ; $1,000,000
2014 ; $1,000,500
2015 ; $500,000
2016 ; $740,000
2017 ; $5,625,000
2018 ; $100,000,000
--------------------------
employee_count_by_department.txt
Department Name , Total number of employees
Marketing , 50
Information Technology, 275
Management , 230
Human Resources , 250
Finance , 92
Supply Chain , 73
Manufacturing , 30
In: Computer Science
In: Nursing
1. View the following 3 TED Talks (video presentations). As you watch the videos, take notes of any relevant information.
2. Decide which of the 3 TED Talks best responds to this question;
How can identifying your opportunity costs, help you make better choices?
3. Produce a Post of at least 200 words in which you explain your position. Your post must contain at least the following elements:
In: Economics
As the imperial crisis deepened in the late 1760s and into the 1770s, Americans increasingly based their claims not simply on the historical rights of Englishmen but on the more abstract language of natural rights and universal freedom. Thinking through chapters 1-5, analyze this evolution from the English Civil War and the Glorious Revolution to the establishment of colonies, the Great Awakening, and Enlightenment and finally to the events of the 1760s and 1770s. Your essay should make an argument about the various definitions of freedom and liberty from the mid-seventeenth century until the Revolutionary era. 500 word min **Your book has a variety of primary sources you can use for this essay. You may use quotes from the primary sources, but please do not quote Foner himself. This essay is too short to fill it with quotes from a textbook author – even one as well respected as Foner. History 1301 chapters 1 to 5.
In: Nursing
Pick one of the following terms for your research: Strategic philanthropy, locus of control, ethical culture, ethical awareness, or normative approach.
DEFINITION: a brief definition of the key term followed by the APA reference for the term; this does not count in the word requirement.
SUMMARY: Summarize the article in your own words- this should be in the 150-200 word range. Be sure to note the article's author, note their credentials and why we should put any weight behind his/her opinions, research or findings regarding the key term.
ANALYSIS: Using 300-350 words, write a brief analysis, in your own words of how the article relates to the selected chapter Key Term. An analysis is not rehashing what was already stated in the article, but the opportunity for you to add value by sharing your experiences, thoughts and opinions. This is the most important part of the assignment.
In: Economics
n our conversation on Accounting Professionalism, there are repeated references to ethics, to trust, to the morality of accounting, etc. Accounting is seen as not only a financial system, but a system based on trust and subject to oversight. A system needed to provide assurance to investors and taxpayers, to bring order to financial records, to give government to ability to review business activity, etc.
While accounting began as a tool for merchants to account for investment and the daily activity of their businesses, the system of accounting we have today can be traced back to Luca Pacioli’s first written accounting book, his Summa de Arithmetica. Who was Pacioli and do you think that his influences and beliefs affected how we view and use accounting today? If the author of that first accounting book had a different background (e.g., an attorney, a merchant, a Prince, a banker), would modern accounting be different from what we have today?
In: Accounting
Stanford University medical researchers conducted a study on the correlation between the use of fertility drugs and ovarian cancer. Their study, published in the American Journal of Epidemiology, concludes that the use of the fertility drugs, Pergonal and Serophene, may increase the risk of ovarian cancer by three times. The lead author of the studies, Professor Alice Whittemore, stated, "Our finding in regard to fertility drugs is by no means certain. It is based on very small numbers and is really very tenuous."
FDA Commissioner David Kessler would like the infertility drug manufacturers to disclose the study findings and offer a warning on the drug packages. He notes, "Even though the epidemiology study is still preliminary, women have a right to know what is known. We're not looking to make more of this than there is."
Answer this question:
If you were a manufacturer of one of the drugs, would you voluntarily disclose the study information?
In: Finance
National Tax Journal National Tax Journal is a journal covering the categories related to Finance (Q1); Accounting (Q2); Economics and Econometrics (Q2). It is published by National Tax Association. The overall rank of National Tax Journal is 5054. According to SCImago Journal Rank (SJR), this journal is ranked 0.899. National Tax Journal has an h-index of 51. ISSN of this journal is/are 00280283. The impact factor of National Tax Journal is 0.74. Write a critical review. A critical summary of a particular journal article is the analysis of the weaknesses and strengths of the article. It evaluates the content and ideas of the text. It provides an interpretation of how the text is? Include a few opening sentences that announce the author(s) and the title, and briefly explain the topic of the text. Present the aim of the text and summarise the main finding or key argument. Conclude the introduction with a brief statement of your evaluation of the text.
In: Accounting
1. What is the basis on which considerations of “ethics”--comprising general rules of behavior, practical guides to action, or normative rules prescribing what “ought” to be done—create the foundations for decision making, under specified circumstances, in the form of ethical theories and principles
2. explain reflective equilibrium as a decision-making model
3. explain under which category reflective equilibrium fits in the inventory
4. explain how reflective equilibrium can be seen as a complement to the questions posed in Taylor’s The Ethics of Authenticity in a healthcare setting and, thus, can be seen as a tool in the ethical theory toolbox
5. In contemporary terms, what is Kant’s religious background and did it influence his formulation of the categorical imperative and the concept of duty
*** books used in this class: Charles Talylor's The Ethical of Authenticity, and Jim Summers, author of chapters 1 and 2 of Healthcare Ethics: Critical Issues for the 21st Century ***
In: Economics