Sheridan Inc. reported income from continuing operations before taxes during 2020 of $804,900. Additional transactions occurring in 2020 but not considered in the $804,900 are as follows.

Prepare an income statement for the year 2020 starting with income from continuing operations before taxes. Compute earnings per share as it should be shown on the face of the income statement. Common shares outstanding for the year are 108,490 shares. (Assume a tax rate of 30% on all items, unless indicated otherwise.) (Round earnings per share to 2 decimal places, e.g. 1.48 and all other answers to 0 decimal places, e.g. 5,275.)

A steam boiler of volume 2.3 m3 initially contained 1.7 m3 liquid water in equilibrium with
0.6 m3 of vapour at 100 kPa. The boiler is heated keeping the inlet and discharge valves closed.
The relief valve is set to lift when the pressure in the boiler reaches
5500 kPa. Determine the amount of heat supplied to the contents in the boiler before the relief
valve lifts.

Suleman purchased 100 shares of Green Corporation for $1,200. During the current year, Green declared a nontaxable 5% stock dividend. What is the basis per share before and after the stock dividend is distributed (rounded)? (LABEL AND SHOW ALL WORK WITH CALCULATIONS)

A)

B)

C)

D)

ay is a public health worker and is charged with developing an immunization tracking program for residents of his county aged birth to 21 years. Jay is primarily interested in measles vaccination rates. There has been a major increase in measles diagnoses in young children and adolescents from the years 2010 to 2015 (10 cases in the county in 2010 up to 20 cases in 2015). The current chance of county residents being diagnosed with measles before the age of 21 is 1 in 200,000. Jay is interested in understanding why this increase occurred over such a short period of time. 4. What are some of the possible explanations for the major increase in measles cases? 5. What could be some of the ways to track immunizations within the county system? 6. Explain how evidence-based practice would have a role in Jay's work. please include the source of your answer.

Consider the system of a motorcycle + car. The motorcycle crashes and sticks into the initially stationary car, pushing it horizontally. After the crash the motorcycle and the car both slide to a halt together. Even though the system is not closed /isolated, the momentum of the collision is approximately conserved during the collision. Why is that?

1. Identify a most suitable goods/services business in which innovation can be done on the basis of the customer need in the GCC countries and the kind of eco-systems in the region, and where is such eco-system located. (You need to identify goods/services plus its required eco-system and the location of the eco-system.

2. What steps could be used to scale up the business concept. Mention any five steps.

3. What could be most probably innovation in that business and what effects might appear in the society because of your innovation? Mention any three effects

. 4. Identify your current career plans. Also indicate what kind of innovation could have a major impact in your planned career field, and what would be that impact.

List the exact references as footnotes on the respective pages, for the

Exercise 2

An article in Business Harvard Review argues that the size of a company greatly affects the amount of innovation you see, not only in total but also when measured as innovation per employee. To illustrate the point, it discusses research on the relationship between the size of various cities and the total amount of innovation that occurs. Data illustrating the relationship is contained in the file innovation.xls(Table Below). How would you describe the relationship and what implications does it have?

Innovation

Write a function average_steps(step_records) that takes a list of records, ie, tuples in the form (date_str, step_count), and returns the average number of steps made across all the records as an unrounded floating point number.

If step_records is an empty list then None should be returned.

Note: You should include and use your total_steps function.

step_records = [('2010-01-01',1),
                ('2010-01-02',2),
                ('2010-01-03',3)]
avg = average_steps(step_records)
print(avg)

2.0

step_records = []
avg = average_steps(step_records)
print(avg)

None

step_records = [('2010-01-01',3),
                ('2010-01-02',3),
                ('2010-01-03',3),
                ('2010-01-04',3),
                ('2010-01-05',3)]
avg = average_steps(step_records)
print(avg)

3.0

For the year ended December 31, 2020, Stellar Ltd. reported income before income taxes of $100,000.

In 2020, Stellar Ltd. paid $54,000 for rent; of this amount, $18,000 was expensed in 2020. The remaining $36,000 was treated as a prepaid expense for accounting purposes and would be expensed equally over the 2021-2022 period. The full $54,000 was deductible for tax purposes in 2020.

The company paid $70,000 in 2020 for membership in a local golf club (which was not deductible for tax purposes).

In 2020 Stellar Ltd. began offering a 1-year warranty on all merchandise sold. Warranty expenses for 2020 were $38,000, of which $31,000 was actual repairs for 2020 and the remaining $7,000 was estimated repairs to be completed in 2021.

Meal and entertainment expenses totalled $17,000 in 2020, only half of which were deductible for income tax purposes.

Depreciation expense for 2020 was $190,000. Capital Cost Allowance (CCA) claimed for the year was $217,000.

Stellar was subject to a 20% income tax rate for 2020. Stellar follows IFRS. At January 1, 2020, Stellar Ltd. had no balances in deferred tax accounts.

Calculate taxable income and taxes payable for 2020.

Prepare the journal entries to record 2020 income taxes (current and deferred).