Question 2: From the following account balances to 30 June 2020 prepare a statement of financial position in the narrative classified format. Note: you will need to determine the balance of the retained earnings.                                                          

Suppose the following table was generated from the sample data of 2020 employees relating annual salary to years of education and gender. According to the results, is there a salary difference between men and women at the 0.010.01 level of significance? If yes, write the difference in salary in the space provided, rounded to two decimal places. Else, select "There is not enough evidence."

Selecting a radio button will replace the entered answer value(s) with the radio button value. If the radio button is not selected, the entered answer is used.

On July 31, 2020, Jessica-Anne received land and a building from Janice as a gift. Janice's adjusted basis and the fair market value at the date of the gift are as follows:

Janice paid gift tax of $60,000 on the transfer.

Round any division to four decimal places. Round your final answers to the nearest dollar.

a. Determine Jessica-Anne's adjusted basis for the land and building.

Jessica-Anne's total basis for the assets received from Janice is $

Jessica-Anne's adjusted basis for the land is $

Jessica-Anne's adjusted basis for the building is $

In 2020, Riverbend Inc. received a $200,000 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,100,000 before deducting the dividends-received deduction (DRD), a $40,000 NOL carryover, and a $100,000 charitable contribution. Use Exhibit 13-6. (Round your tax rates to 1 decimal place. Leave no answer blank. Enter zero if applicable.)

a. What is Riverbend’s deductible DRD assuming it owns 10 percent of Hobble Corporation?

b. Assuming the facts in part (a), what is Riverbend’s marginal tax rate on the dividend?

c. What is Riverbend’s DRD assuming it owns 60 percent of Hobble Corporation?

The following balances were taken from the books of Oriole Corp. on December 31, 2020.

Assume the total effective tax rate on all items is 20%.

Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal places, e.g. 1.48.)

From Harvard Business School HBX CORe 2020 Economics for Managers

Share a story or a link to a news article describing a government intervention in a market. Explain how the intervention changes the outcome of the market, and whether you think the intervention had a positive or negative effect.

On September 1, 2020, Betty DeRose, Inc. received $45,000 cash from a customer as payment for services to be performed over the next 24 months. Betty DeRose, Inc. received $45,000 cash from another customer on May 31, 2021 as payment for services to be performed over the next 18 months. Calculate the total amount of unearned revenue that would appear in Betty DeRose, Inc's December 31, 2021 balance sheet.

Question 2: From the following account balances to 30 June 2020 prepare a statement of financial position in the narrative classified format. Note: you will need to determine the balance of the retained earnings.                                                                              

Question 3: From the accounts in question 2 above prepare a statement of profit or loss position for the period ended 30 June 2020.

1) Find unemployment rates from 2010-2020 in Canada and present it in a graph.

2) what are the causes of unemployment?

3) Does a high minimum wage result in higher unemployment?

4) Does employment insurance cause unemployment?

Question 2: From the following account balances to 30 June 2020 prepare a statement of financial position in the narrative classified format. Note: you will need to determine the balance of the retained earnings.                                                                                  

Question 3: From the accounts in question 2 above prepare a statement of profit or loss position for the period ended 30 June 2020.