1.
|
Watson Company has a subsidiary in the country of Alonza where the local currency unit is the kamel (KM). On December 31, 2014, the subsidiary has the following balance sheet: |
| Cash | KM | 13,500 | Notes payable (due 2016) | KM | 30,000 |
| Inventory | 25,000 | Common stock | 26,000 | ||
| Land | 8,000 | Retained earnings | 13,000 | ||
| Building | 45,000 | ||||
| Accumulated depreciation | (22,500) | ||||
| KM | 69,000 | KM | 69,000 | ||
|
The subsidiary acquired the inventory on August 1, 2014, and the land and buildings in 2000. It issued the common stock in 1998. During 2015, the following transactions took place: |
| 2015 | |
| Feb. 1 | Paid 17,500 KM on the note payable. |
| May 1 | Sold entire inventory for 34,000 KM on account. |
| June 1 | Sold land for 9,500 KM cash. |
| Aug. 1 | Collected all accounts receivable. |
| Sept.1 | Signed long-term note to receive 12,000 KM cash. |
| Oct. 1 | Bought inventory for 15,500 KM cash. |
| Nov. 1 | Bought land for 8,000 KM on account. |
| Dec. 1 | Declared and paid 2,400 KM cash dividend to parent. |
| Dec. 31 | Recorded depreciation for the entire year of 2,500 KM. |
|
The exchange rates for 1 KM are as follows: |
| 1998 | 1 KM | = | $ | 0.26 |
| 2000 | 1 | = | 0.24 | |
| August 1, 2014 | 1 | = | 0.34 | |
| December 31, 2014 | 1 | = | 0.36 | |
| February 1, 2015 | 1 | = | 0.38 | |
| May 1, 2015 | 1 | = | 0.40 | |
| June 1, 2015 | 1 | = | 0.42 | |
| August 1, 2015 | 1 | = | 0.44 | |
| September 1, 2015 | 1 | = | 0.46 | |
| October 1, 2015 | 1 | = | 0.48 | |
| November 1, 2015 | 1 | = | 0.50 | |
| December 1, 2015 | 1 | = | 0.52 | |
| December 31, 2015 | 1 | = | 0.56 | |
| Average for 2015 | 1 | = | 0.46 | |
| a. |
If this is a translation, what is the translation adjustment determined solely for 2015? |
| b. |
If this is a remeasurement, what is the remeasurement gain or loss determined solely for 2015? |
2. Benjamin, Inc., operates an export/import business. The company has considerable dealings with companies in the country of Camerrand. The denomination of all transactions with these companies is alaries (AL), the Camerrand currency. During 2017, Benjamin acquires 43,000 widgets at a price of 8 alaries per widget. It will pay for them when it sells them. Currency exchange rates for 1 AL are as follows:
| September 1, 2017 | $ | 0.48 | |
| December 1, 2017 | 0.42 | ||
| December 31, 2017 | 0.50 | ||
| March 1, 2018 | 0.43 | ||
(Input all amounts as positive values.)
In: Accounting
Question 41. Where are Peyer's patched located in the body?
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Throughout the body. |
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Large intestine. |
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Small intestine. |
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Oral cavity. |
QUESTION 42
The thymus gland increases in size as we age.
True
False
2 points
QUESTION 43
Which type of COVID-19 antibodies are clinicians interested in detecting in recovered patients?
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IgE. |
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IgD. |
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IgA. |
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IgG. |
2 points
QUESTION 44
Which type of immunity would occur from a vaccine for COVID-19 based on its genetic sequence?
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Naturally acquired active immunity. |
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Naturally acquired passive immunity. |
||
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Artificially acquired active immunity. |
||
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Artificially acquired passive immunity. |
2 points
QUESTION 45
Which describes the ability of an antibody to bind pathogenic components of toxins and block its toxic effects?
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Inflammation. |
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Opsonization. |
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Neutralization. |
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Agglutination. |
2 points
QUESTION 46
Which cell secrete antibodies?
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Plasma cells. |
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T cells. |
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Dendritic cells |
||
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Antigen-presenting cells. |
2 points
QUESTION 47
All are cardinal signs of inflammation EXCEPT:
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Swelling. |
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Heat. |
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Pain. |
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Bruising. |
2 points
QUESTION 48
Class II MHC molecules are only found on the surfaces of antigen-presenting cells.
True
False
2 points
QUESTION 49
Which are a group of 30 plasma antimicrobial proteins that are activated in a series of enzymatic reactions?
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Complement. |
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Interferons. |
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Immunoglobulins. |
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Lysozymes. |
2 points
QUESTION 50
Which type of cells are reduced in AIDS?
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Helper T cells. |
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Cytotoxic T cells. |
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Memory T cells. |
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B cells. |
In: Anatomy and Physiology
C. Adidas Inc. had the following balance sheet on September 30, 2019 (in thousands):
|
Assets |
Liabilities and Stockholders’ Equity |
||
|
Cash |
445,421 |
Accounts Payable |
687,121 |
|
Accounts Receivable |
1,754,137 |
Notes Payable |
553,153 |
|
Inventories |
1,338,640 |
Other Liabilities |
965,095 |
|
Equipment and |
Total Liabilities |
2,205,369 |
|
|
Other Assets |
1,823,009 |
Stockholders’ Equity |
3,155,838 |
|
Total Assets |
5,361,207 |
Total Liabilities and Stockholders’ Equity |
5,361,207 |
Consider the following transactions that occurred during the first half of October 2019 (in thousands):
1. Inventories were acquired for cash, P160.
2. Inventories were acquired on open account, P190.
3. Unsatisfactory shoes acquired on open account in June were returned for full credit, P40.
4. Equipment of P120 was acquired for a cash downpayment of P30 plus a 6-month promissory note of P90.
5. To encourage wider displays, special store equipment was sold on account to Makati area stores for P400. The equipment had cost P400 in the preceding month.
6. Sarah G. starred in a movie and as a favor to an Adidas executive, she agreed to display Adidas shoes in a basketball scene. No fee was paid by Adidas.
7. Cash was disbursed to reduce accounts payable, P170.
8. Collected cash on account, P180.
9. Borrowed cash from a bank, P500.
10. Sold additional common stock for cash to new investors, P900.
Prepare an analysis showing the effects of the October transactions on the financial position of Adidas.
Prepare a balance sheet as of October 15, 2019.
In: Accounting
Define the terms public health and health promotion.
What are the similarities and differences between the two?
What specific health promotion activity was provided in your community during the past one year and what was the beneficial result?
How did Healthy People 2020 develop and what is the purpose and goals of this program?
Over the years, the public health care system has evolved due to the numerous legislative and regulatory influences. These efforts are being illustrated as legislative and regulatory pressures on the form and function of the delivery system.
What current legislation has had the maximum impact on the way health care is provided?
What interest group(s) influenced the establishment of this legislation?
Mention an interest associated with a health care promotion or
wellness program that, according to you, had the greatest impact on
the people of the U.S. in the last three years. Provide a
description of this program.
The description should include the following details:
What were the activities actually associated with the program?
How was it reported in the media?
What was it about this program that had an impact on you?
What population was involved? Why do you think the specified population was involved in the program?
What do you think can be done by society to promote this program?
In: Nursing
3 pages and The essay must be, double-spaced, 12 point, with 1” margins,
Two factors that will affect you in the 21th century is
computerization, and automation. Oxford University reported that
nearly half the jobs in the U.S. will be affected by automation and
computerization by 2020. And that will grow. It is now beginning to
reach into professional and creative industries that long seemed
immune, from law clerking to journalism. And the pace of change is
accelerating. Combine this with "Moore's Law", and it leads to a
troubling and disruptive future for the unprepared.
These developments illustrates a recurring theme in capitalism. As
workers become more powerful and higher paid, the historic pressure
on capitalism is to automate. In our society, we have always valued
capital over labor. What will we do when automated vehicles take
over the largest employer of white male Americans, the trucking
industry? or checkout clerks from McDonalds, to Publix disappear.
who will employ these obsoleted jobs.
So my question to you is, how will this affect you, and those who
are not prepared for lifelong learning to succeed in the future.
How does our economy handle a surplus of workers , from menial jobs
to the profession you have chosen? If you can imagine a computer
doing your job, it will...
In: Economics
On January 1, 2018, Co. P acquired 90% of Co. S for $550,000, plus $15,000 in acquisition costs. On the date of acquisition, Co. S had the following balance sheet:
| Assets | Liabilities & Equity | ||
| Accounts Receivable | 150,000 |
Current Liabilities |
260,000 |
| Inventory | 180,000 | Bonds Payable | 250,000 |
| Land | 200,000 | Common Stock, $1 Par | 400,000 |
| Buildings | 550,000 | PIC In Excess of Par | 70,000 |
| Acc. Deprecition (Bldg) | (100,000) | Retained Earnings | 300,000 |
| Equipment | 400,000 | ||
| Acc. Depreciation (Equip) | (120,000) | ||
| Goodwill | 20,000 | ||
| Total Assets | 1,280,000 | Total Liab. & Equity | 1,280,000 |
An appraisal indicates that the following items have fair values that differed from their book values:
| Accounts Receivable | 140,000 |
| Inventory | 200,000 |
| Land | 200,000 |
| Buildings | 400,000 |
| Equipment | 100,000 |
| Patent | 300,000 |
| Bonds Payable | 220,000 |
Immediately after the purchase, Co. P had the following balance sheet:
| Assets | Liabilities & Equity | ||
| Cash | 50,000 | Current Liabilites | 200,000 |
| Accounts Receivable | 70,000 | Bonds Payable | 300,000 |
| Inventory | 130,000 | Common Stock | 150,000 |
| Investment in Co. S | 550,000 | PIC Excess of Par | 200,000 |
| Land | 350,000 | Retained Earnings | 800,000 |
| Buildings | 300,000 | ||
| Acc. Depreciation (Bldg) | (50,000) | ||
| Equipment | 190,000 | ||
| Acc. Depreciation | (40,000) | ||
| Goodwill | 100,000 | ||
| Total Assets | 1,650,000 | Total Liab. & Equity | 1,650,000 |
(1) Record the investment in Co. S.
(2) Prepare a value analysis schedule for the Investment in Co. S.
(3) Prepare a determination and distribution schedule for the investment in Co. S.
(4) Prepare all required elimination ertries for the January 1, 2018 consolidated worksheet in general journal form.
*Below is what I have for parts 1-3 so far, but I'm struggling with part 4 (something in 3 may be incorrect).
(1) Investment in State 550,000
Acquisition Expense 15,000
Cash 565,000
(2)
|
Value Analysis Schedule |
Company Implied Value |
Parent Price (90%) |
NCI Value (10%) |
|
Company Fair Value |
611,111 |
550,000 |
61,111 |
|
Fair Value of Net Assets (exclude G/W) |
860,000 |
774,000 |
86,000 |
|
Gain on Acquisition |
(248,889) |
(22,400) |
(24,889) |
(3)
|
D&D Schedule |
Company Implied Value |
Parent Price (90%) |
NCI Value (10%) |
|
Fair Value of Subsidiary |
611,111 |
550,000 |
61,111 |
|
Less BV of Interest Acquired: |
|||
|
Common Stock |
400,000 |
||
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Paid-In Capital |
70,000 |
||
|
Retained Earnings |
300,000 |
||
|
Total SH’s Equity |
770,000 |
770,000 |
770,000 |
|
Interest Acquired |
90% |
10% |
|
|
Book Value |
693,000 |
77,000 |
|
|
Excess FV over BV |
(158,889) |
(143,000) |
(15,889) |
|
Adjustments to Identifiable Accounts: |
|||
|
Accounts Receivable |
(10,000) |
Credit |
|
|
Inventory |
20,000 |
Debit |
|
|
Buildings |
(50,000) |
Credit |
|
|
Equipment |
(180,000) |
Credit |
|
|
Patent |
300,000 |
Debit |
|
|
Goodwill |
(20,000) |
Credit |
|
|
Gain on Acquisition |
(248,889) |
Credit |
|
|
Decrease on Bonds |
30,000 |
Debit |
|
|
Total |
(158,889) |
In: Accounting
6. Think about ethical communication opprtunities provided by social media. As the CEO, how would you shape your company's culture to use social media (such as Facebook,I witter) to promote ethical behavior and communicte the organization's value? What are the advantages and dangers of using social media? No more two paragraghs.
In: Operations Management
This is a business communication question. after reading a case which a corporate has issues on developing product and corporate culture, as a CEO, I need to craft a message to employees to solve the issues.
C. Craft the message that you will communicate internally and explain what change management principles you considered when developing this message.
In: Operations Management
How does Amazon CEO Jeff Bezos Achieve Cultural Diversity and what are his best practices and initiatives for achieving cultural diversity in the organization?
For example, does his executive board contain any minorities?
Explain which leadership practices were successful in diversity efforts and which practices needed improvement.
In: Finance
Apple wants to create the new iCar, a driverless car, by 2020. Assume that fixed costs (research & development, the building of a factory, the purchasing of equipment, safety testing, etc) for such a project totals $10B. If the company anticipates sales of 600,000 cars with variable costs per car of $75,000, how much does each car need to sell for to break even
2. If a company stated in its annual report to shareholders that it made efforts to recapitalize (that is, change the capital structure) to a higher amount of leverage, you could certainly look at the balance sheet to verify this. What other financial statement, the income statement or statement of cash flows, would also show evidence? Give an example of what the evidence might look like?
In: Finance