Questions
From the mid-1980s through the early 1990s, what were the sources of the reduction in the...

From the mid-1980s through the early 1990s, what were the sources of the reduction in the number of banks in the United States?

In: Economics

what mix of monetary and fiscal policy is likely to solve the problem of deflation and...

what mix of monetary and fiscal policy is likely to solve the problem of deflation and liquidity trap in Japan since 1990s

In: Economics

In what way were the 1990s like the 1920s? Also, list multiple ways in which the...

In what way were the 1990s like the 1920s? Also, list multiple ways in which the two were different

In: Economics

During 2017, the Town of Falmouth had a number of transactions that affected net position of...

During 2017, the Town of Falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. You are provided with the following information for 2017:

1.

The beginning net position balances are: net investment in capital assets, $680,600; restricted, $0; and unrestricted, $1,356,286.

2. Net income for the year was $162,951.
3. Depreciation expense totaled $54,064.
4. A piece of equipment with a carrying value of $26,700 was sold for $25,600.
5.

Bonds for $500,000 were issued to construct a concession stand at the rink. At the end of the year, the concession stand was 50 percent complete, and construction work in progress totaled $248,318.

6. A $15,018 principal payment was made on a capital lease.
7.

A new Zamboni ice resurfacing machine was purchased for $310,000. At the end of the year, a $30,600 note associated with the machine remains outstanding.

Required
Prepare the net position section of Falmouth’s 2017 statement of net position.

During 2017, the Town of Falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. You are provided with the following information for 2017:

1.

The beginning net position balances are: net investment in capital assets, $680,600; restricted, $0; and unrestricted, $1,356,286.

2. Net income for the year was $162,951.
3. Depreciation expense totaled $54,064.
4. A piece of equipment with a carrying value of $26,700 was sold for $25,600.
5.

Bonds for $500,000 were issued to construct a concession stand at the rink. At the end of the year, the concession stand was 50 percent complete, and construction work in progress totaled $248,318.

6. A $15,018 principal payment was made on a capital lease.
7.

A new Zamboni ice resurfacing machine was purchased for $310,000. At the end of the year, a $30,600 note associated with the machine remains outstanding.

Required
Prepare the net position section of Falmouth’s 2017 statement of net position.

During 2017, the Town of Falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. You are provided with the following information for 2017:

1.

The beginning net position balances are: net investment in capital assets, $680,600; restricted, $0; and unrestricted, $1,356,286.

2. Net income for the year was $162,951.
3. Depreciation expense totaled $54,064.
4. A piece of equipment with a carrying value of $26,700 was sold for $25,600.
5.

Bonds for $500,000 were issued to construct a concession stand at the rink. At the end of the year, the concession stand was 50 percent complete, and construction work in progress totaled $248,318.

6. A $15,018 principal payment was made on a capital lease.
7.

A new Zamboni ice resurfacing machine was purchased for $310,000. At the end of the year, a $30,600 note associated with the machine remains outstanding.

Required
Prepare the net position section of Falmouth’s 2017 statement of net position.
TOWN OF FALMOUTH
Skating Rink Enterprise Fund
Partial Statement of Net Position
As of December 31, 2017
Net Position:
Net Position—Net Investment In Capital Assets
Net Position—Restricted
Net Position—Unrestricted
Total Net Position

In: Accounting

Why is the quality of the legal system so low in Mexico, compared to Latin America?...

Why is the quality of the legal system so low in Mexico, compared to Latin America? What are according to you the roots of this (culture, social, politics, history, economics, business structure).

In: Economics

With respect to economic factors in Latin America, describe export dependence, import substitution, debt crises, and...

With respect to economic factors in Latin America, describe export dependence, import substitution, debt crises, and the impact of free trade agreements such as NAFTA.

(250 words and no plagiarism please)

In: Economics

Suppose that the natural rate of unemployment equals 6%, and the public expect inflation to equal...

  1. Suppose that the natural rate of unemployment equals 6%, and the public expect inflation to equal 4 %, and the coefficient a in PC equation = 0.4.

  1. What is the unemployment rate when the actual inflation equals 2%? What if the actual inflation rate equals 10%?

  1. During the 1990s, we observed the co-existence of low inflation and low unemployment. One of the arguments given by macroeconomists is that the expected inflation was lower than usual during the 1990s. Suppose now the public expect inflation rate to be 2%, do question (a) again.

In: Economics

A clinical trial tests a method designed to increase the probability of conceiving a girl. In...

A clinical trial tests a method designed to increase the probability of conceiving a girl. In the study

360360

babies were​ born, and

288288

of them were girls. Use the sample data to construct a

9999​%

confidence interval estimate of the percentage of girls born. Based on the​ result, does the method appear to be​ effective?

nothingless than<

pless than<nothing

​(Round to three decimal places as​ needed.)

In: Statistics and Probability

A clinical trial tests a method designed to increase the probability of conceiving a girl. In...

A clinical trial tests a method designed to increase the probability of conceiving a girl. In the study

300

babies were​ born, and

255

of them were girls. Use the sample data to construct a

99​%

confidence interval estimate of the percentage of girls born. Based on the​ result, does the method appear to be​ effective?

less than<

pless than<

​(Round to three decimal places as​ needed.)

In: Statistics and Probability

A town in California is broke. The city had been warned several times over the last...

A town in California is broke. The city had been warned several times over the last few years that it did not have enough money to pay out future pensioners. There is a law that says the town must pay promised benefits. The town says that it cannot, no money. You be the judge. Who wins here? The town or the pensioners? Why did they win and what did you cite for the reasons?

In: Operations Management