Admitting New Partners Who Buy an Interest and Contribute Assets

The capital accounts of Trent Henry and Tim Chou have balances of $162,500 and $117,200, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry’s interest for $37,400 and one-fourth of Chou’s interest for $25,800. Clarke contributes $39,700 cash to the partnership, for which she is to receive an ownership equity of $39,700.

a1. Journalize the entry to record the admission of Gilbert. For a compound transaction, if an amount box does not require an entry, leave it blank.

a2. Journalize the entry to record the admission of Clarke.

b. What are the capital balances of each partner after the admission of the new partners?

PLEASE ANSWER ASAP

1- In your own words, what is medicalization? How does this contribute to social control?

2- Please either watch Peter Conrad's guest video. LINK FOR THE VIDEO: https://www.youtube.com/watch?v=9l8LJjy5B2g

Answer the following questions:

A- What stood out to you and/or interested you? Discuss.

B- What were Conrad’s main point(s) about medicalization?

3- The reading and Conrad’s lecture/reading discussed multiple examples of medicalization. Please do mini-research on one example of medicalization (either one briefly discussed in the content or an example not discussed yet). You may choose something medicalized in either physical or mental health. After researching your topic, please teach your peers about your topic. Address the following points:

What your topic is?

How is this medicalized?

Has this changed over time? If so, how?

Are there groups/people who disagree with this being medicalized? If yes, please discuss their point of view?

What are the benefits to this being medicalized? What are the consequences/negatives of this being medicalized?

1- In your own words, what is medicalization? How does this contribute to social control? 2- Please either watch Peter Conrad's guest video. LINK FOR THE VIDEO: https://www.youtube.com/watch?v=9l8LJjy5B2g Answer the following questions: A- What stood out to you and/or interested you? Discuss. B- What were Conrad’s main point(s) about medicalization? 3- The reading and Conrad’s lecture/reading discussed multiple examples of medicalization. Please do mini-research on one example of medicalization (either one briefly discussed in the content or an example not discussed yet). You may choose something medicalized in either physical or mental health. After researching your topic, please teach your peers about your topic. Address the following points: What your topic is? How is this medicalized? Has this changed over time? If so, how? Are there groups/people who disagree with this being medicalized? If yes, please discuss their point of view? What are the benefits to this being medicalized? What are the consequences/negatives of this being medicalized?

Paul is the pharmacist at RiteAid pharmacy where customers arrive on average every 10 minutes (Exponential distribution). Paul can serve on average 8 customers per hour (Poisson distribution).

Using Queuing theory, calculate

a. the average number of customers waiting in line

b. the average waiting time in line

c. the average waiting time in the system (line + order filling)

d. the system utilization

e. the probability that no customers are in the pharmacy

Unequal Lives

Shao Airlines is considering the purchase of two alternative planes. Plane A has an expected life of 5 years, will cost $100 million, and will produce net cash flows of $30 million per year. Plane B has a life of 10 years, will cost $132 million, and will produce net cash flows of $27 million per year. Shao plans to serve the route for only 10 years. Inflation in operating costs, airplane costs, and fares are expected to be zero, and the company's cost of capital is 11%. By how much would the value of the company increase if it accepted the better project (plane)? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1.234 million should be entered as 1.234, not 1,234,000. Round your answer to three decimal places.

$   million

What is the equivalent annual annuity for each plane? Do not round intermediate calculations. Enter your answers in millions. For example, an answer of $1.234 million should be entered as 1.234, not 1,234,000. Round your answers to three decimal places.

Plane A: $   million

Plane B: $   million

Hyperion​ Inc., currently sells its latest​ high-speed colour​ printer, the Hyper​ 500, for $ 342. Its cost of goods sold for the Hyper 500 is $ 195 per​ unit, and this​ year's sales​ (at the current price of $ 342​) are expected to be 19,000 units. Hyperion plans to lower the price of the Hyper 500 to $ 293 one year from now. a. Suppose Hyperion considers dropping the price to $ 293 ​immediately, (rather than waiting one​ year). By doing so it expects to increase this​ year's sales by 27 % to 24,130 units. What would be the incremental impact on this​ year's EBIT of such a price​ drop? b. Suppose that for each printer​ sold, Hyperion expects additional sales of $ 76 per year on ink cartridges for the​ three-year life of the​ printer, and Hyperion has a gross profit margin of 65 % on ink cartridges. What is the incremental impact on EBIT for the next three years of dropping the price immediately​ (rather than waiting one​ year)? The incremental change in EBIT for the first year is ​?? The incremental change in EBIT for the second year is ​? ​(Round to the nearest​ dollar.) The incremental change in EBIT for the third year is ​? ​(Round to the nearest​ dollar.)

For decades, people have believed that boys are innately more capable than girls in math. In other words, due to the intrinsic differences in brains, boys are better suited for doing math than girls. Recent research challenges this stereotype, arguing that gender differences in math performance have more to do with culture than innate aptitude. In the U.S., for example, girls perform just as well on standardized math tests as boys. Others argue, however, that while the average may be the same, there is more variability in math ability for boys than girls, resulting in some boys with soaring math skills. A portion of representative data on math scores for boys and girls is shown in the accompanying table.

In a report, use the above information to:

1. Construct and interpret the 95% confidence interval for the ratio of the variance of math scores for boys and for girls. Discuss the assumptions made for the analysis.

2. Determine at the 5% significance level if boys have more variability in math scores than girls. (Two full sentences: one stating your decision using p-value or critical value approach and one stating your conclusion.)

Show all working out and reasoning, be specific and detailed please. Please do all working out in Excel only. Thank you. This is about Chi Squared Distribution:Statistical Inference Concerning Variance and F Distribution:Inference Concerning Ratio of Two Population Variances to give you an idea about what formulas I'm looking for. Thank you.

Appendix 1: Financial Statements From an End-of-Period Spreadsheet

Alert Security Services Co. offers security services to business clients.

Prepare an income statement for Alert Security Services Co.

Prepare a statement of stockholders’ equity for Alert Security Services Co. During the year ended October 31, 20Y3, common stock of $6 was issued. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign.

Prepare a balance sheet for Alert Security Services Co.

Refer to the data tables above and answer the following questions. Be sure to support your answers (e.g. provide probabilities, ratios, etc.).

Is there a difference in the probability of death for males vs. females?

Does age make a difference in the probability of death?

What does the number of children in relation to the number of adults tell you about this population?

Does economic status make a difference in the probability of death? Does your answer to this question differ depending on the subgroup you are looking at?

What other questions would you like to ask about these data or this event in order to help you make a determination? Can you guess what event generated this data?

Set up - You were hired in the role of accounting lead a couple of years ago by a privately held company.

You report directly to the CEO. The company sells its products through a dealer distribution network.

Revenue is booked at the time shipment occurs. Under standard practice, revenue will be booked as of

the last day of the month if the shipment will occur within 1 or 2 days of the new month. On occasion,

revenue may be booked if the product is ready for shipment but the dealer/customer does not wish to

take shipment due to a holiday or vacation schedule. (So, if the shipment does not occur only because it

is inconvenient for the dealer/customer to receive it, the customer is charged a nominal “warehousing”

fee and revenue will be recognized in such situations; shipment will occur as soon as it’s convenient for

the dealer/customer to receive the shipment upon their return to the workplace.) Since the company is

privately held, it does not require a financial audit but it does receive an annual financial review by an

independent CPA firm.

The Issue - At quarter end, you receive a call from your boss instructing you to book a $100,000 sale,

sending the invoice to a dealer/customer. On April 4, you send the invoice dated the last day of the

month (3/31) and you give the dealer/customer an additional 30 days to pay since the product had not

yet shipped as of April 4. The dealer/customer replies that as of April 5, he still does not have a

purchase order for the $100,000 sale but hopes to get one soon. In addition, if he cannot get the

purchase order, he hopes to get a purchase order elsewhere for basically the same products for a

hopefully similar price.

In addition, at the end of 2017, there was an order to be secured by a letter of credit. The CEO wants the

almost $100,000 sale in 2017. You let the CEO know you’re hesitant to book this in 2017 since the order

has not shipped and no letter of credit has been sent yet. There are also tax ramifications (i.e., the

company will fare better booking the sale in 2018 due to the more favorable tax treatment of

corporations under the new tax legislation). The CEO replies that before he decides, he wants to see

how the numbers shake out. He decides he wishes the revenue to appear in 2017.

There were some other bookings of revenues with various dealer/customers in quarter 1 totaling

approximately $150,000, for which letter of credit documentation had not yet been received. The

dealer/customers had not yet authorized shipment because the required documentation had not yet

cleared all channels (it was not due to holiday/vacation reason inconvenience), but the CEO said to

consider these transactions “warehoused” and book the revenue.

In addition to the fact that the review of 2017 is still ongoing, the company is looking to sell

approximately 20% of its stock to a publicly traded company. The 2017 financials have been provided to

the potential buyer (marked “unreviewed”) and the potential buyer has been asking for the quarter 1

results of 2018.

Get with your group. What is your view of the entire situation? What do you do? Be sure to pay

attention to rules/regs that lead you to feel there is an ethical problem here.

1. Determine the facts of the situation. This involves determining the "who, what, where, when, and how."

2. Identify the ethical issue and the stakeholders. Stakeholders may include shareholders, creditors, management, employees, and the community.

3. Identify the values related to the situation. For example, in some situations confidentiality may be an important value that may conflict with the right to know.

4. Specify the alternative courses of action.

5. Evaluate the courses of action specific in step 4 in sterms of their consistency with the values identified in step 3. This step may or may not lead to a suggested course of action.

6. Identify the consequences of each possible course of action. If step 5 does not provide a course of action, assess the consequences of each possible course of action for all of the stakeholders involved.

7. Make your decision and take any indicated action.