GreenSpruce Inc. reported income from continuing operations before tax of $2,774,500 during 2020. Additional transactions occurring in 2020but not included in the $2,774,500 are as follows:1.

The corporation experienced an insured flood loss of $124,000 during the year.

2.The sale of FV-NI investments resulted in a loss of $165,850.

3.When its president died, the corporation gained $155,000 from an insurance policy. The cash surrender value of this policy had been carried on the books as an investment in the amount of $71,300 (the gain is non-taxable).

4.The corporation disposed of its recreational division at aloss of $178,250 before tax. Assume that this transaction meets the criteria for accounting treatment as discontinued operations.Instructions:

(a)Prepare an income statement for the year 2020, starting with income from continuing operations before income tax. Calculate earnings per share as required under IFRS. There were 60,000 common shares outstanding during the year. (Assume a tax rate of 20% on all items unlessthey are noted as being non-taxable.)

(b)Assume that beginning retained earnings for 2020is $3,967,000 and that dividends of $271,250 were declared during the year. Prepare the retained earnings portion of the statement of changes in equity for 2020

1.) Doggo Co. Declares a $50,000 cash dividend to its common shareholders on January 2nd. The date of record is January 18th and the date of payment is January 31st. Make all necessary journal entries for this:

2.) Puppy Inc. declares $80,000 in dividends on July 5th 2020. The date of record will be July 18th, and the payment date will be July 20th. The company has 2,000 shares of 10%, $40 par cumulative preferred stock issued and outstanding. The company also has 20,000 shares of $2 par common stock. The company paid no dividends in 2019 Journalize all necessary entries for this.

1. If the demand for a good becomes less elastic without any change in the equilibrium price or quantity sold, consumer surplus in that market most likely

2. Most of the marginal damage from US car travel in metropolitan areas is from

3. Most of the marginal damage from US semi truck travel (total travel) is from

You have been requested to design a schema (as an E/R diagram) for the contact-tracing database. Your group is busy working to design and field a contact-tracing database to be able to trace rapidly people who may have been in close proximity (contact) to someone diagnosed with a highly infectious disease.

The Contact Tracing Domain

To be able to trace with whom a person has been in contact, we need to know where that person has been and when. We have to know this about everyone else too. Then we could figure out the potential contacts by seeing who was in places at the same time as the person. During an epidemic with a highly infectious disease, by tracing the recent contacts of a person who has become ill, these people can be warned to take appropriate action. This can greatly help to stem the epidemic.

Thus Person is fundamental in our database. We are tracing people, after all. Information we should keep for people is a name, address, and phone#. We can keep sin, a person's social insurance number to identify the person. (Assume that the government will issue anyone in Canada who does not have a sin a temporary sin for this very purpose. Also note that, in building such a database for real, in truth, using sin for this would likely not be a good choice. But, for the project, let us assume it is.)

We should also record Places. This will include public building and other indoor places where people can meet, and thus come into contact. (We assume for now that the disease does not transmit outdoors, so we are not keeping track of all possible locations.) We can use a place's name to identify it, and we want to keep about a place its gps coordinates, address, and a description.

Central to the whole database's operation is to collect “observations” about which places a person has been, and when they were there. Thus, we are designing a mass-surveillance database! But we are assuming that this is for a good cause, and that the database, once up and running, will not be abused for other purposes.

Let us call an observation that such a person was in such a place at such a time a Recon — a shortened form of the military term reconnaissance — to have an easier way to organize our thoughts. A Recon names a Person (who) as being at a Place at a given time (when). Let us employ the notion of Time Slot for handling times. There will be effectively an entry in Time Slot for every fifteen-minute period; e.g., 3:00pm 25 September 2020, 3:15pm 25 September 2020, 3:30pm 25 September 2020, and so forth. For any given time slot in which a person was observed somehow to be at a place, we would have a Recon entry. Thus each Recon is associated with a Time Slot, telling us when the person was there. (A better way to handle time in such a scenario is to work with time intervals. This is significantly more involved design-wise, however. Therefore, for our first cut of a schema for our contact-tracing database — that is, this project — let us employ Time Slot to handle the “when” aspect.) In fact, we can use when to identify any given Time Slot. (Say we assume the when value identifies the beginning of the time slot; e.g., 3:00pm stands for 3:00pm up to 3:15pm.)

A Recon then identifies — and therefore, is identified, at least in part, by — the person, the place, and the time slot (when), which is “saying” that Person (who) was at Place during this Time-slot time (when). For any Recon, we also must record the Method, the way, that we know that the person was at the place at that time. Examples of methods might be, for example, contact-tracing phone app, surveillance camera with facial recognition, and a registry entry (the person had to sign a registry book on entering and exiting the building). Note that there could be more than one recons telling us a person was at a place at a given time, each recon supported by different evidence (Method).

In our database, we also need to track when a person is tested, a Test, for the disease. Such a diagnosis Test is administered to a given Person at (“upon”) a given time (Time Slot). This information identifies any given Test. A Test is administered in a Test Centre — which is a Place — and is of a given Test Type. (There are different types of test for the disease, which may differ in efficacy and cost.) Thus, we want to record where the Test was administered, and what type of test it was.

A Test may result in an Action. Let Action be identified by an action name. (An action might be taken given the result of the test; for instance, if it came back positive for the disease, the person might be placed in quarantine.) Assume that a given Test results in at most one Action. Of course, a Test might not result in any action. (Say, the test came back negative and no action was necessary.) We want to track actions resulting from tests.

Not all Test Centres are equipped to administer all types of test (Test Types). Thus, we want to record which Test Types are offered at which Test Centres. A Test Centre may offer different types of test; and a type of test may be available at a number of test centres.

Lastly, the Government is to require that each Person identifies their bubble; that is family and friends — other people (Persons) — with whom they are regularly in contact. We need to record this “bubble” information in the database.

Let's say that I am the marketer for a medical solution Company. We are trying to enter the market with a medical product (Device) that Alleviates Feet pain and heals Heel Cracks To make you feel relaxed. This product is mainly Targeting People Age 22 To 40 Those who usually suffer from Feet pain and feet cracks. Currently, we are targeting the US market only. So I wanted to know how can I differentiate my product from my competitors and position my product / Brand name in my consumer's mind.

Can You give a set of Ideas where I can add to differentiate or position my brand name? Like More Customer support or a feature

This is Related to marketing, but since there is no marketing category, I placed it under economics.

Foreign direct investment (FDI) is an investment made by a firm or individual in a country into business located in another country. FDI happens when an investor establishes a business in another country separate from his home country. Or a business owner could acquire foreign business assets, including establishing ownership or controlling interest in that company. Foreign direct investments are distinguished from portfolio investments in which investors can purchases equities of foreign-based companies. Foreign direct investments are commonly made in open economies that offer a skilled workforce and above-average growth for the investor, as opposed to tightly regulated economies. Foreign direct investment frequently involves more than just a capital investment. It may include provisions of management or technology as well. The key feature of foreign direct investment is that it establishes either effective control of, or at least substantial influence over, the decision-making of a foreign business.

Foreign direct investments can be made in a variety of ways, including the opening of another company in a foreign country, acquiring and controlling an existing foreign company, or by means of a merger or joint venture with a company.The threshold for a foreign investment is a minimum 10% ownership stake in a foreign-based company. However, that definition is flexible, there are instances where a firm can be established with less than 10% of the company's shares.

Singapore, US and UK are among the leading sources of FDI. Based on data that the FDI flows were $10.4 billion, which is a drop of 43% from the first half of last year

Please respond in 100-150 words

create a mock company , your company must be a merchandiser. But, otherwise can be of any type or form.  

1. Take a minute and think of a merchandiser company you’d like to open.  

2. First, tell us what type of business you are opening. (You may use a previous example or a new one)

3. Which of the two types of inventory systems do you think your business would use and why? (Periodic or Perpetual)

4. Pretend you are making a large sale to a customer on credit. Post a description or a visual of a draft sales invoice for this customer. Make sure your sales invoice includes the following items:  

Your company information

Date of sale

Your customer’s information

An example product you sell with name, description, price per unit, and number of units sold

Terms of sale including credit terms and shipping charges, with numerical figures for shipping charges

Any contract language necessary to further establish the terms of sale (for example, warranties, limitations on shipping, and returns)

5. How would you maintain controls over the inventory for your company? What measures would you take either from a physical assets standpoint or accounting principle standpoint?

A company produces refrigerator motors. These engines have a life expectancy of 19.4 years with a standard deviation of 4.8 years. Assume that the service life of the motors is normally distributed.

a) Calculate the probability of an engine operating for less than 12 years.
Calculate the probability of an engine operating for more than 25 years.
Calculate the probability that the life of an engine is between 10 and 20 years.

In order to promote the sale of their engines, the company wants to issue a guarantee on the engines which means that the customer can replace the engine free of charge if it breaks before a certain time.

b) How many years of warranty can the company expire if they do not want to replace more than 2.5% of the engines? (That is, the warranty period should be such that the probability that an engine's service life is less than the warranty period is 0.025)
The company has a profit of NOK 1200 on a motor that does not fail before the warranty period, while it has a loss of NOK 4500 (ie a profit of -4500 kroner) on a motor that fails before the warranty period. If the company uses the warranty period calculated, what is the expected profit from the sale of an engine?
Briefly explain what this expected profit in practice tells us.