Identify the skills of the leader that are key in leading a team to move a company toward a social entrepreneurial model.
2. Discuss:
In: Operations Management
On March 12, 2009, a former chief of the New York Stock Exchange pled guilty to one of the largest financial frauds in history. Bernie Madoff, founder of his own financial firm and active philanthropist, had been swindling thousands of private investors—many of whom were close friends—out of billions of dollars. Madoff had achieved a degree of personal financial success few individuals ever attain, though he will be spending the rest of his life in prison. Would you consider Madoff an intelligent person? What role might emotional intelligence have played in his decision making?
For this Discussion, you define intelligence and detail its components. You also take a position on whether or not emotional intelligence is an accurate measure of intelligence.
With these thoughts in mind:
Post
a brief definition of intelligence, including the main components of intelligence.
Then provide your position on whether or not emotional intelligence is an accurate measure of intelligence.
Justify your response.
In: Psychology
Determine the number of combined states, in the form of total |s m s >, for the combination of four spin ½ particles.
Do NOT determine the coefficients in the composite states.
Hint: make two combinations of spin - ½ particles, one for spins 1 and 2, and one for spins 3 and 4, and combine those
In: Physics
3) The Gross method of apportionment works as follows: Assign each state its lower quota. If k states remain to be assigned, then assign them to the k largest states.
a) Does the Gross method satisfy Quota rule?
b) Does the Gross method satisfy Population monotonicity?
In: Advanced Math
Consider an electron confined to an infinite well of width 2ao (Bohr radius). Compare its energy in its three lowest energy states to the three lowest energy states of the Bohr model of the hydrogen atom. Repeat for a proton confined to a well of width 2x10-15 m (a nucleus).
In: Physics

Exercise 16-23
On June 1, 2018, Andre Company and Agassi Company merged to form Lancaster Inc. A total of 800,000 shares were issued to complete the merger. The new corporation reports on a calendar-year basis.
On April 1, 2020, the company issued an additional 400,000 shares of stock for cash. All 1,200,000 shares were outstanding on December 31, 2020.
Lancaster Inc. also issued $600,000 of 20-year, 8% convertible bonds at par on July 1, 2020. Each $1,000 bond converts to 40 shares of common at any interest date. None of the bonds have been converted to date.
Lancaster Inc. is preparing its annual report for the fiscal year ending December 31, 2020. The annual report will show earnings per share figures based upon a reported after-tax net income of $1,540,000. (The tax rate is 20%.)
Determine the following for 2020.
(a) The number of shares to be used for calculating: (Round answers to 0 decimal places, e.g. $2,500.) shares
(1) Basic earnings per share
(2) Diluted earnings per share shares
(b) The earnings figures to be used for calculating: (Round answers to O decimal places, e.g. $2,500.)
(1) Basic earnings per share t
(2) Diluted earnings per share &
In: Accounting
The trial balance of Scan House, Inc. included the following
selected accounts as of December 31, 2020: Debits Credits Sales
Revenue 16,755,000
Interest Revenue 75,000 Gain on sale of investments 150,000
Unrealized gains on investments 200,000 Other Income * 1,200,000
Foreign currency translation losses 125,000 Cost of Goods Sold
11,635,000
Selling expenses 975,000 Goodwill impairment loss 550,000 Interest
Expense 60,000 Administrative Expense** 780,000 Loss on sale of
land 225,000 Dividends declared 175,000
Additional information:
* Other Income consists of income from discontinued operations.
This includes $900,000 of income from operations and a $300,000
gain on the sale of investments.
** Administrative expense includes a $150,000 expense that was a
correction of an error made in the 2018 Income Statement, but
discovered during 2020.
Retained Earnings balance: January 1, 2020 = $725,000.
ScanHouse had 600,000 shares of common stock outstanding throughout
the year and 1,000,000 shares of common stock authorized. Income
tax expense had not yet been accrued. The effective tax rate is
21%.
Required: 1. Prepare a single, continuous 2020 statement of
comprehensive income for Scan House, Inc., including income tax
expense and Earnings Per Share (EPS). Use a multiple-step
income
2. Prepare a 2020 statement of retained earnings for Scan House, Inc.
In: Finance
On July 1, 2020, Concord Company purchased for $7,200,000 snow-making equipment having an estimated useful life of 5 years with an estimated salvage value of $300,000. Depreciation is taken for the portion of the year the asset is used.
Complete the form below by determining the depreciation expense and year-end book values for 2020 and 2021 using the
| 1. | sum-of-the-years'-digits method. | |
| 2. | double-declining balance method. |
| 2020 | 2021 | ||||
| Sum-of-the-Years'-Digits Method | |||||
| Equipment | $7,200,000 | $7,200,000 | |||
| Less: Accumulated Depreciation | $ | $ | |||
| Year-End Book Value | |||||
| Depreciation Expense for the Year | |||||
| Double-Declining Balance Method | |||||
| Equipment | $7,200,000 | $7,200,000 | |||
| Less: Accumulated Depreciation | $ | $ | |||
| Year-End Book Value | |||||
| Depreciation Expense for the Year |
Assume the company had used straight-line depreciation during
2020 and 2021. During 2022, the company determined that the
equipment would be useful to the company for only one more year
beyond 2022. Salvage value is estimated at $400,000.
Compute the amount of depreciation expense for the 2022 income
statement.
| Depreciation expense | $ |
Assume the company had used straight-line depreciation during
2020 and 2021. During 2022, the company determined that the
equipment would be useful to the company for only one more year
beyond 2022. Salvage value is estimated at $400,000.
What is the depreciation base of this asset?
| Depreciation base | $ |
In: Accounting
Exercise 23-11
Condensed financial data of Culver Company for 2020 and 2019 are presented below.
|
CULVER COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,770 |
$1,170 |
||||
|
Receivables |
1,790 |
1,320 |
||||
|
Inventory |
1,610 |
1,940 |
||||
|
Plant assets |
1,910 |
1,680 |
||||
|
Accumulated depreciation |
(1,200 |
) |
(1,190 |
) |
||
|
Long-term investments (held-to-maturity) |
1,300 |
1,420 |
||||
|
$7,180 |
$6,340 |
|||||
|
Accounts payable |
$1,210 |
$910 |
||||
|
Accrued liabilities |
200 |
240 |
||||
|
Bonds payable |
1,370 |
1,560 |
||||
|
Common stock |
1,880 |
1,740 |
||||
|
Retained earnings |
2,520 |
1,890 |
||||
|
$7,180 |
$6,340 |
|||||
|
CULVER COMPANY |
||
|---|---|---|
|
Sales revenue |
$7,010 |
|
|
Cost of goods sold |
4,730 |
|
|
Gross margin |
2,280 |
|
|
Selling and administrative expenses |
930 |
|
|
Income from operations |
1,350 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
80 |
|
|
Income before tax |
1,430 |
|
|
Income tax expense |
540 |
|
|
Net income |
890 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$630 |
|
Additional information:
During the year, $70 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the indirect method.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting
Condensed financial data of Splish Company for 2020 and 2019 are
presented below.
|
SPLISH COMPANY |
||||||
|---|---|---|---|---|---|---|
|
2020 |
2019 |
|||||
|
Cash |
$1,780 |
$1,170 |
||||
|
Receivables |
1,760 |
1,280 |
||||
|
Inventory |
1,620 |
1,880 |
||||
|
Plant assets |
1,910 |
1,670 |
||||
|
Accumulated depreciation |
(1,210 |
) |
(1,160 |
) |
||
|
Long-term investments (held-to-maturity) |
1,330 |
1,440 |
||||
|
$7,190 |
$6,280 |
|||||
|
Accounts payable |
$1,230 |
$920 |
||||
|
Accrued liabilities |
210 |
250 |
||||
|
Bonds payable |
1,370 |
1,560 |
||||
|
Common stock |
1,920 |
1,680 |
||||
|
Retained earnings |
2,460 |
1,870 |
||||
|
$7,190 |
$6,280 |
|||||
|
SPLISH COMPANY |
||
|---|---|---|
|
Sales revenue |
$6,820 |
|
|
Cost of goods sold |
4,600 |
|
|
Gross margin |
2,220 |
|
|
Selling and administrative expenses |
910 |
|
|
Income from operations |
1,310 |
|
|
Other revenues and gains |
||
|
Gain on sale of investments |
80 |
|
|
Income before tax |
1,390 |
|
|
Income tax expense |
540 |
|
|
Net income |
850 | |
|
Cash dividends |
260 |
|
|
Income retained in business |
$590 |
|
Additional information:
During the year, $70 of common stock was issued in exchange for
plant assets. No plant assets were sold in 2020.
Prepare a statement of cash flows using the indirect method.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting