Questions
In doing the calculations, round to two decimal places. 1. Given the following currency exchange rates:...

In doing the calculations, round to two decimal places.

1. Given the following currency exchange rates:

Time period 1: Sw F 1.55/US$

Time period 2: Sw F 1.35/US$

a.From time period 1 to time period 2, Sw F has depreciated in value relative to US$.

A)True B)False

b.From time period 1 to time period 2, US$ has appreciated in value relative to Sw F.

A)True B)False

c.In time period 1, if the price of Product A was Sw F 16,500, then its price in US$ should be:

A) US$ 10,725

B) US$ 25,575

C) Sw F US$ 10,725

D) Sw F US$ 25,575

d.In time period 2, if the price of Product A was Sw F 16,500, then its price in US$ should be:

A) US$12,210

B) US$22,275

C) Sw F US$12,210

D) Sw F US$22,275

e.In time period 1, if the price of Product B was US$23,500, then its price in SwF should be:

A) SwF 15,275

B) SwF 36,425

C) US$ SwF 15,275

D) US$ SwF 36,425

f.In time period 2, if the price of Product B was US$23,500, then its price in SwF should be:

A) Sw F 17,390

B) Sw F 31,725

C) US$ Sw F 17,390

D) S$ Sw F 31,725

In: Finance

True or False questions related to Assets [Both Tangible and Intangible Assets ]

True or False

 
1. In calculating depreciation, both plant assets cost and useful life are based on estimates.
2. All property, plant, and equipment must be depreciated for accounting purposes.
3. Ordinary repairs should be recognized as revenue expenditures when incurred.
4. Capital expenditures are costs that increase the company's investment in productive facilities.
5. Goodwill is amortized and tested at least annually for impairment.
6. Customer list has indefinite useful life.
7. The cost of a patent must be amortized over a 20 year period
8. When an entire business is purchased, goodwill is the excess of cost over the book value of the net assets acquired.
9. Development cost are capitalized only before technical and commercial feasibility of the asset for sale or use have been established.
10. Goodwill is not recognized in accounting unless it is acquired from another business enterprise
11. An intangible asset is identifiable when it cannot be separated from the entity itself.

In: Accounting

The following payments and receipts are related to land, land improvements, and buildings acquired for use...

The following payments and receipts are related to land, land improvements, and buildings acquired for use in a wholesale apparel business. The receipts are identified by an asterisk.

a. Fee paid to attorney for title search $3,600
b. Cost of real estate acquired as a plant site: Land 720,000
                                                                 Building (to be demolished) 60,000
c. Finder’s fee paid to real estate agency 23,400
d. Delinquent real estate taxes on property, assumed by purchaser 15,000
e. Architect’s and engineer’s fees for plans for new building 75,000
f. Cost of removing building purchased with land in (b) 10,000
g. Proceeds from sale of salvage materials from old building 3,400*
h. Cost of filling and grading land 18,000
i. Premium on one-year insurance policy during construction 8,400
j. Money borrowed to pay building contractor 800,000*
k. Special assessment paid to city for extension of water main to the property 13,400
l. Cost of repairing windstorm damage during construction 3,000
m. Cost of repairing vandalism damage during construction 2,000
n. Cost of trees and shrubbery planted 14,000
o. Cost of paving parking lot to be used by customers 21,600
p. Interest incurred on building loan during construction 40,000
q. Proceeds from insurance company for windstorm and vandalism damage 4,500*
r. Payment to building contractor for new building 800,000
s. Refund of premium on insurance policy (i) canceled after 10 months 1,400*

Required:

1. Assign each payment and receipt to Land (unlimited life), Land Improvements (limited life), Building, or Other Accounts. Choose the correct account from the dropdown list for each letter and enter the appropriate amount. Enter receipts as negative amounts using the minus sign.

2. Determine the amount debited to Land, Land Improvements, and Building.

In: Accounting

You are admitting a 19-year old female college student to the hospital for fevers. Using the...

You are admitting a 19-year old female college student to the hospital for fevers. Using the patient information provided, choose a culture unfamiliar to you and describe what would be important to remember while you interview this patient. Discuss the health care support systems available in your community for someone of this culture. If no support systems are available in your community, identify a national resource.

In: Nursing

at a party there are 25 students over age 21 and 15 students under age 21...

at a party there are 25 students over age 21 and 15 students under age 21 you choose a random five over those 21 and separately choose a random three of those under 21 to interview about attitudes towards alcohol. You've given every student at the party the same chance to be interviewed what is that chance. why is your sample not an SRS?

In: Statistics and Probability

Consider some examples of successful global business. Complete either an interview with a manager doing business...

Consider some examples of successful global business.

Complete either an interview with a manager doing business internationally or an analysis of global business news (your choice).

Use this information to answer the following question:

How might you incorporate your previous learning on the supply and demand curve to understand how exchange rates and trade embargoes influence global business?

200 WORDS

In: Economics

Think about the different areas in health science that involve educating individuals and communities in order...

Think about the different areas in health science that involve educating individuals and communities in order to promote health. Find an areas that particularly interests you and research more about it. This may be done through appropriate websites, interview with professionals in the field, visits to organizations or educational meetings, or reading. Find out what professionals do, what type of education they provide, to whom, and how.

In: Nursing

Think about the different areas in health science that involve educating individuals and communities in order...

Think about the different areas in health science that involve educating individuals and communities in order to promote health. Find an areas that particularly interests you and research more about it. This may be done through appropriate websites, interview with professionals in the field, visits to organizations or educational meetings, or reading. Find out what professionals do, what type of education they provide, to whom, and how.

In: Nursing

You are admitting a 19-year old female college student to the hospital for fevers. Using the...

You are admitting a 19-year old female college student to the hospital for fevers. Using the patient information provided, choose a culture unfamiliar to you and describe what would be important to remember while you interview this patient. Discuss the health care support systems available in your community for someone of this culture. If no support systems are available in your community, identify a national resource.

In: Nursing

You are required to choose ONE micro, small or medium enterprise in your housing area. a)...

You are required to choose ONE micro, small or medium enterprise in your housing area.
a) Write in your report the business profile (name, address, location, nature of business,
types of business, etc.).
b) Identify several main overhead costs of the business.
c) Interview the owner(s) of the business, and write in your report, how the business set
pricing of their products or services.

In: Accounting