Questions
Compliance measures are used in many cases to ensure the safety, quality and suitability of a...

Compliance measures are used in many cases to ensure the safety, quality and suitability of a product for a given market. However, compliance and certification process is sometimes used to make market entry more difficult for non-host company suppliers.

Provide three examples of compliance being used for any of these "goals" (or more than one of them). Non-US only. Dig a little deeper than page 1. What was the outcome of the compliance requirements in the host market.

In: Economics

Celebrity Inc. has the following shares outstanding at December 31, 2019: Common shares, $1,500,000 no par...

Celebrity Inc. has the following shares outstanding at December 31, 2019:

Common shares, $1,500,000 no par value, 10,000 shares issued and outstanding, unlimited number authorized.

Preferred shares, $200,000, $5.00, no par value, non voting shares, 2,000 shares issued and outstanding.

The preferred shares are cumulative and non-participating.

   Dividends have not been declared for the past two years.

   Dividends declared are $30,000.

What is the total common share dividends?

In: Accounting

In our societies, communication is the act of transferring information from one place to another. Communication...

In our societies, communication is the act of transferring information from one place to another. Communication can be vocal, written, printed or through digital media, emails, maps, charts, graphs, non-verbal, body language, gestures, tone and pitch of the voice.

Discuss what effective communication means in society, how to improve communication skills, being an effective listener, noticing body language, issues of diversity , understanding non-communication issues, and controlling stress in communication.

In: Nursing

1. A Pareto efficient allocation of resources occurs where: a. no individual can be made better...

1. A Pareto efficient allocation of resources occurs where:

a. no individual can be made better off without making another worse off.

b. there is justice in the distribution of income and wealth MSB>MSC

c. MSB>MSC

d. all of the above

2. A public good is:

a) Any good traded in markets

b) A good that is non-excludable and non-rival in consumption

c) A good provided only to those who pay for it

d) Rarely provided by the government

In: Economics

An inspection by a quality officer found that in a large shipment of electronic parts, 0.025...

An inspection by a quality officer found that in a large shipment of electronic parts, 0.025 are bad. The parts are tested using a machine that correctly identifies bad parts as defective with a probability of 0.96 and correctly identifies good parts as non-defective with a probability of 0.92.

(a) If a part is randomly sampled from the shipment and tested, calculate the probability that the testing machine identifies the part as defective.

(b) Given that the test indicates a non-defective part, calculate the probability that the part is truly good?

In: Statistics and Probability

A group of young people were asked how many times they have been stopped and questioned...

A group of young people were asked how many times they have been stopped and questioned by the police:

                                                Non-White            White

Mean # of Stops               4.95 .99

Varriance 4.11 6.08

Sample size 155 310

We need t-test in order to determine if Non-White and White young people are stopped by the police at the same rate. You should be sure to specify, and evaluate, both the Null and Alternative Hypotheses.

Please show work

In: Advanced Math

A researcher reported the results of a telephone poll of 1000 adult Americans. The question posed...

A researcher reported the results of a telephone poll of 1000 adult Americans. The question posed of those who were surveyed was: "Should the federal tax on cigarettes be raised to pay for health care reform?" Of 600 non-smokers, 362 said yes. Of 400 smokers, 80 said yes. What is the test statistic, at alpha = .05, if you want to determine that the proportion of non-smokers who said yes is greater than the proportion of smokers who said yes?

In: Statistics and Probability

In a population of Siberian flying squirrels in western Finland, assume that the the number of...

In a population of Siberian flying squirrels in western Finland, assume that the the number of pups born to each female over her lifetime has mean ?=3.66 and standard deviation ?=2.9598. The distribution of squirrel pups born is non‑normal because it takes only whole, non‑negative values.

Determine the mean number of pups, x¯, such that in 70% of all random samples of such squirrels of size ?=40, the mean number of pups born to females in the sample is less than ?⎯⎯⎯.

In: Statistics and Probability

Arnez Company’s annual accounting period ends on December 31, 2018. The following information concerns the adjusting...

Arnez Company’s annual accounting period ends on December 31, 2018. The following information concerns the adjusting entries to be recorded as of that date.

  1. The Office Supplies account started the year with a $4,350 balance. During 2018, the company purchased supplies for $17,966, which was added to the Office Supplies account. The inventory of supplies available at December 31, 2018, totaled $3,828.
  2. An analysis of the company's insurance policies provided the following facts.
Policy Date of Purchase Months of Coverage Cost
A April 1, 2016 24 $ 10,464
B April 1, 2017 36 9,216
C August 1, 2018 12 8,064

The total premium for each policy was paid in full (for all months) at the purchase date, and the Prepaid Insurance account was debited for the full cost. (Year-end adjusting entries for Prepaid Insurance were properly recorded in all prior years.)

  1. The company has 15 employees, who earn a total of $1,600 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday. Assume that December 31, 2018, is a Tuesday, and all 15 employees worked the first two days of that week. Because New Year’s Day is a paid holiday, they will be paid salaries for five full days on Monday, January 6, 2019.
  2. The company purchased a building on January 1, 2018. It cost $615,000 and is expected to have a $45,000 salvage value at the end of its predicted 30-year life. Annual depreciation is $19,000.
  3. Since the company is not large enough to occupy the entire building it owns, it rented space to a tenant at $3,500 per month, starting on November 1, 2018. The rent was paid on time on November 1, and the amount received was credited to the Rent Earned account. However, the tenant has not paid the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and January rent in full on January 15. The tenant has agreed not to fall behind again.
  4. On November 1, the company rented space to another tenant for $3,171 per month. The tenant paid five months' rent in advance on that date. The payment was recorded with a credit to the Unearned Rent account.


Required:

1. Use the information to prepare adjusting entries as of December 31, 2018.
2. Prepare journal entries to record the first subsequent cash transaction in 2019 for parts c and e.

In: Accounting

Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31.

Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2018, appears below.

  

Account TitleDebits
Credits
Cash30,000

Accounts receivable40,000

Supplies1,500

Inventory60,000

Note receivable20,000

Interest receivable0

Prepaid rent2,000

Prepaid insurance0

Office equipment80,000

Accumulated depreciation—office equipment

30,000
Accounts payable

31,000
Salaries and wages payable

0
Note payable

50,000
Interest payable

0
Deferred revenue

0
Common stock

60,000
Retained earnings

24,500
Sales revenue

148,000
Interest revenue

0
Cost of goods sold70,000

Salaries and wages expense18,900

Rent expense11,000

Depreciation expense0

Interest expense0

Supplies expense1,100

Insurance expense6,000

Advertising expense3,000

Totals343,500
343,500


Information necessary to prepare the year-end adjusting entries appears below.

  1. Depreciation on the office equipment for the year is $10,000.

  2. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2018, were $1,500.

  3. On October 1, 2018, Pastina borrowed $50,000 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years.

  4. On March 1, 2018, the company lent a supplier $20,000 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2019.

  5. On April 1, 2018, the company paid an insurance company $6,000 for a two-year fire insurance policy. The entire $6,000 was debited to insurance expense.

  6. $800 of supplies remained on hand at December 31, 2018.

  7. A customer paid Pastina $2,000 in December for 1,500 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue.

  8. On December 1, 2018, $2,000 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019 at $1,000 per month.

6. Prepare a post-closing trial balance.
  

In: Accounting