Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31, 2020.

*All shares were issued during 2018.

During its first three years of operations, Garda World Security Corporation declared and paid total dividends as shown in the last column of the following schedule.

Required:

Part A
1. Calculate the total dividends paid in each year to the preferred and to the common shareholders.

Year Preferred Dividend Common Dividend Total Dividend

2018 $164,000

2019 $404,000

2020 $564,000

Total for three years $1,132,000

2. Calculate the dividends paid per share to both the preferred and the common shares in 2020. (Round the final answers to 2 decimal places.)

Part B
1. Calculate the total dividends paid in each year to the preferred shares and to the common shareholders assuming preferred shares are cumulative.

2. Calculate the dividends paid per share to both the preferred and the common shares in 2020 assuming preferred shares are cumulative. (Round the final answers to 2 decimal places.)

a. Before, lockdown due to COVID-19, the market for Mobile phones and Headphones in Karachi are at equilibrium with an equilibrium price of Rs. 50,000 and equilibrium quantity of 20,000 in the mobile phone market, and equilibrium price of Rs.1500 and equilibrium quantity of 12,000 in Headphone market. After the reopening the markets, and business in Karachi, the price of cell phones has increased from Rs.50, 000 to Rs. 70,000. What will be the impact of the increase in the price of cell phones in both the markets? Explain by using graphs. Draw the graphs for both the markets separately, labeling everything clearly. (2 Marks, 50-150 words)

Consider a market for ice cream a normal good in Pakistan. You are supposed to analyze and discuss the effect on the equilibrium output and the price in the ice cream market in Pakistan for May, 2020 after the following changes (Other things held constant). In each case, explain your answer using supply and demand diagram. (4 Marks, 50-250 words) There has been a decrease in people’s income and a rise in the price of sugar (an input for making ice cream) in Pakistan during 2020 due to COVID-19 crisis simultaneously. News reports on May 5, 2020 claim that the consumption of ice cream is good for the health of patients with coronavirus. An improvement in technology that allows ice cream to be built at half the cost in Pakistan during 2020. The weather has changed suddenly and the temperature reached 40 °C in May 2020 in Pakistan

In the green cells calculate total Gross Profit (i.e., Sales - COGS) using the condition(s) as specified and without creating a helper column, using Filters, or Pivot Tables.

Mayberry Investment Ltd. Price History

Question 1

Kindly calculate the Price Weighted Index for Mayberry Investment Ltd. and Value Weighted Index for Mayberry Investment Ltd ( Jamaica )

EFG Industries began operations with no beginning inventory on 10/1/2020. EFG adopted a Periodic inventory system and a FIFO cost flow assumption.
The following events occurred:
10/1/2020 Purchased 100 units @ $10/unit
10/15/2020 Returned 10 units for full refund
10/30/2020 Sold 60 units @ $14/unit FOB Shipping Point (shipped same day)
11/15/2020 Purchased 200 units @ $12/unit
11/18/2020 Sold 210 units @ $15/unit FOB Destination (arrived at customer 12/15)
12/12/2020 Purchased 100 units @ $14/unit
12/18/2020 Obtained $50 discount on 12/12 purchase
12/30/2020 Sold 50 units @ $16 FOB Destination (in transit at year end)
Based on this information,
1. What is the value of Ending Inventory?
2. What is the value of Cost of Goods Sold?
3. Prepare the adjusting journal enties that would be used to record Cost of Goods Sold on 12/31/2020.

On 1 June2020, Purchase Limited enters into a firm commitment Supply Limited to buy USD 100,000 of
inventory. On 1 July 2020, the Purchase Limited enters into a hedging arrangement which meets the hedge
accounting criteria stipulated by the accounting standards (Australian Accounting Standards Board (AASB) 9).
Purchase Limited has designated the firm commitment hedging arrangement as a fair value hedge. On 1 August
2020, Supply Limited transfers the inventory to Purchase Limited, and on that date, the Purchase Limited makes
the payment. The spot and forward rates are as follows.

Required:
a) Explain at least two determinants of determining an effectiveness of a hedge instrument against a
hedge
5 Marks
b) Provide journal entries to account for the hedged item (firm commitment to buy inventory) 8 Marks
i. On 1 June 2020
ii. On 30 June 2020
iii. On 1 August 2020
c) Provide journal entries to account for the hedge instrument (forward contract) 7 Marks
i. On 1 June 2020
ii. On 30 June 2020
iii. On 1 August 2020

Transactions from Gravenhurst Inc.’s current year follow. Gravenhurst follows IFRS.

In each of the above situations, discuss the appropriateness of the journal entries in terms of generally accepted accounting principles. For the purposes of your discussion, assume that the financial statements, particularly net income, will be used by the court in a divorce settlement for the company president’s spouse.

Coal is carried from a mine in West Virginia to a power plant in New York in hopper cars on a long train. The automatic hopper car loader is set to put 51 tons of coal into each car. The actual weights of coal loaded into each car are normally distributed, with mean μ = 51 tons and standard deviation σ = 1.3 ton.

(a) What is the probability that one car chosen at random will have less than 50.5 tons of coal? (Round your answer to four decimal places.)


(b) What is the probability that 21 cars chosen at random will have a mean load weight x of less than 50.5 tons of coal? (Round your answer to four decimal places.)


(c) Suppose the weight of coal in one car was less than 50.5 tons. Would that fact make you suspect that the loader had slipped out of adjustment?

YesNo    

Suppose the weight of coal in 21 cars selected at random had an average x of less than 50.5 tons. Would that fact make you suspect that the loader had slipped out of adjustment? Why?

Yes, the probability that this deviation is random is very small.Yes, the probability that this deviation is random is very large.    No, the probability that this deviation is random is very small.No, the probability that this deviation is random is very large.

The personnel office at a large electronics firm regularly schedules job interviews and maintains records of the interviews. From the past records, they have found that the length of a first interview is normally distributed, with mean μ = 38 minutes and standard deviation σ = 6 minutes. (Round your answers to four decimal places.)

(a) What is the probability that a first interview will last 40 minutes or longer?


(b) Fifteen first interviews are usually scheduled per day. What is the probability that the average length of time for the fifteen interviews will be 40 minutes or longer?

Find P(33 ≤ x ≤ 38). (Round your answer to four decimal places.)

You are the director of pharmacy at a large regional medical center. It has come to your attention that Dr. Smith, a hospital oncologist, has been prescribing medicines for cancer patients that are not labeled for cancer treatment. While "off-label" prescription is not against the law, you now recall a recent interview Dr. Smith did on a radio talk show. During that interview Dr. Smith talked about his discovery of the effectiveness of green-tea, honey and homeopathic treatments for cancer patients. Such a "holistic" approach to medicine has a certain appeal, especially to patients who have received a poor prognosis. Many cancer patients who were told they have only a few months to live by their doctors have come to your hospital from hundreds of miles away to be treated by Dr. Smith.

In addition to his work at your hospital, Dr. Smith owns and runs a clinic located in a poor Mississippi Delta community. When your hospital recently replaced its old outdated sterilizer machines, Dr. Smith asked if he could have one of the old machines for use at his clinic. Dr. Smith is well known and most of his patients like him. Last year he received an award from a religious group for his service to the poor. However, you know that Dr. Smith recently divorced his third wife. Her lawyer, known for her aggressive style and hard bargaining, won a huge alimony and support judgment worth $3 million against Dr. Smith. Rumor is that Dr. Smith is struggling financially, because he sold one of his sports cars.

How should you handle this situation? In your paper, be sure to consider the responsibilities and interests of your department, as well as the hospital. Include the issues of insurance reimbursement, standard of care, informed consent, public image of the hospital, and Medicare/Medicaid reimbursement. Are there other legal issues? Are there other moral or ethical issues?

This question covers aspects and integration of personal development planning and data analysis skills towards professional engineering competencies for employability.

Consider the data-set shown in Table 2, which is a subset of employment statistics for the UK from between 2009 and 2018. For the dates specified, the data records an estimate of the number of thousands of engineering professionals, and of IT and Telecommunications professionals, classified according to sex.

Table 2 A subset of employment statistics for the UK from 2009 until 2018

Source: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/datasets/employmentbyoccupationemp04

• Imagine that you have been invited to a job interview where you will be asked to give a presentation to a non-expert audience. In advance of the interview you are sent the data in Table 2.
  • i.By use of appropriate representation identify and show three significant correlations or trends in the data, and suggest reasons for these trends. Include your representation as part of your answer, together with descriptions of the three correlations or trends you have identified.
  • ii.Comment on the reliability of your observations of the trends in the data.