Canliss Milling Company purchased machinery on January 2, 2009, for $800,000. A five-year life was estimated and no residual value was anticipated. Canliss decided to use the straight-line depreciation method and recorded $160,000 in depreciation in 2009 and 2010. Early in 2011, the company revised the total estimated life of the machinery to eight years.
Required:
1. What type of accounting change is this?
2. Determine depreciation for 2011.
In: Accounting
In: Statistics and Probability
WHAT IS "BABY BOOMER ECONOMICS"? WHEN WERE THE BABY BOOMERS BORN? RESEARCH : WHAT HAPPENED WITH BABY BOOMER MARKETS GLOBALLY IN THE 1940'S; 1950'S; 1960'S; 1970'S; 1980'S, 1990'S; 2000'S; 2010'S AND TODAY? HOW DOES IT IMPACT THE GLOBAL TRAVEL AND TOURISM INDUSTRY? HOW WILL IT AFFECT YOUR OWN CAREER OR BUSINESS THE NEXT 20 YEARS?
In: Economics
Data from 2010 & 2011, in millions (source: Billboard Magazine):
Company Annual Revenue Market Valuation
Spotify 145 3,000
Warner Music 2,888 3,300
Live Nation 5,600 1,700
Pandora 241 1,300
EMI 1,800 1,900
3a) Find the correlation between annual revenue and market valuation. Is it statistically significant?
3b) Why is the correlation between revenue and market valuation so low?.
In: Statistics and Probability
It is not uncommon to hear that a company’s IT security is compromised. Find nine cases from 2010 to 2018 (i.e. one case for each year). Summarize and compare those nine cases. You need to draw tables to compare them.What are the major implications of your analyses to the IT audit profession? What lessons do they give to the IT audit profession? What is the best way to prevent and detect such cases based on your analyses?
In: Accounting
Business
The annual average natural gas price (in dollars per million
BTUs) can be approximated by the function
h(x) =
69.54e?0.264x
where x = 8 corresponds to the year 2008.
(Data from: Energy Information Administration.)
(a) What was the average price per million BTUs in the year 2010?
(b) According to the model, in what year did the average price per million BTUs hit $3.00?
In: Math
Find both the arithmetic growth rate and the geometric growth rate of the dividends for Custer's Ice Cream Shoppes.
in order to copy its contents into a spreadsheet.)
|
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
|
Dividend |
$1.47 |
$2.49 |
$3.25 |
$4.14 |
$5.76 |
$6.06 |
$7.06 |
$8.39 |
$7.89 |
$6.53 |
What is the arithmetic growth rate of the dividends for Ice Cream Shoppes?
In: Finance
7. [4pt] A study of the amount of time it takes a mechanic to rebuild the transmission for a 2010 Chevrolet Colorado shows that the mean is 8.4 hours and the standard deviation is 1.8 hours.
a. If one person is randomly selected, find the probability that his/her rebuild time is less than 8.9 hours.
b. If 40 mechanics are randomly selected, find the probability that their mean rebuild time is less than 8.9 hours.
In: Statistics and Probability
In 275 words, what is the difference between a corporation, a sole proprietorship, and a limited liability company?
Review Citizens United v. Federal Election Commission 558 U.S.
310 (2010). You can access the case briefly here:
http://www.oyez.org/cases/2000-2009/2008/2008_08_205
Focus on the First Amendment arguments. What are they? Should a
business have the same First Amendment rights as individuals?
In: Operations Management
In the 2010 film wall street, money never sleeps, think about the character of Bretton James and the way he views business. In what ways is the concept of dehumanization reflected in his practices and beliefs? Also, think about the ways in which ways of life and values are depicted and represented in the film generally. Is dehumanization, as a practice, relevant to the implied ways of life?
https://www.youtube.com/watch?v=-6r0WY0_xTg&t=1314s
In: Psychology