Amazon's third-largest market is the United Kingdom. In 2019, the employees at a local firm in London received their salary and decided to spend a portion of it on making online purchases from Amazon. The probability that the online purchases will be shipped on time to each employee is 0.68. Determine the following:

a. The probability that three products will be shipped on time.

b. The probability that out of three, two products will be shipped on time.

Sony is a Japanese multinational company that decided to expand its entertainment business in the United States. Sony purchased CBS Records and Columbia Pictures to form Sony Music and Sony Pictures. Because of these acquisitions, Sony assumed debt of $1.2 billion and allocated $3.8 billion to goodwill. On Sony’s Annual Report filed with the SEC, Sony reported only two industry segments: electronics and entertainment. Although Sony Music was profitable, Sony Pictures produced continued losses of approximately $1 billion. When Sony purchased the motion pictures operations, it projected a loss for only five years because it assumed that the motion pictures entertainment would become profitable. However, Sony suffered a significant loss after amortization and the costs of financing the acquisition for the past four years.

In the current year, Sony Pictures sustained a loss of nearly $450 million, double the amount that Sony had planned. To date, Sony Pictures has had total net losses of nearly $1billion. Early in the year, Sony declared that it had written down $2.7 billion in goodwill associated with the acquisition of Sony Pictures. Sony combined the results of Sony Music and Sony Pictures and reported them as Sony Entertainment. Little profit was shown in Sony Entertainment. Sony’s consolidated financial statements did not disclose the losses from Sony Pictures.

REQUIRED

1. How should the write down of goodwill be reported? What information (if any) should be disclosed related to goodwill?

2. Since Sony has two businesses with different financial trends, should the consolidated financial statements provide specific segment disclosure information? What should the company disclose?

3. Reporting insufficient information or excluding required disclosures can be misleading or perceived as unethical. What ethical standards applicable to Sony’s reporting?

You may respond to each requirement separately, i.e. your response does not have to flow as a single paper.

NOTE: Please Support your discussion with REFERENCE to FASB Codification and reputable sources (NOT Wikipedia, Investopedia or Blogs).

United Resources Company obtained a charter from the state in January of this year. The charter authorized 201,000 shares of common stock with a par value of $2. During the year, the company earned $478,000 Also during the year, the following selected transactions occurred in the order given:

a. Sold 97,000 shares of the common stock in an initial public offering at $19 cash per share.

b. Repurchased 25,000 shares of the previously issued shares at $22 cash per share.

c. Resold 5,000 of the shares of the treasury stock at $25 cash per share.

Required:

Prepare the stockholders' equity section of the balance sheet at the end of the year.

1) An entity in the United Kingdom, sells goods to a Swiss entity on May 1, 2012 for the amount of 750,000 Swiss francs (SWFr). The payment is received August 1, 2012. The rate of Exchange from May 1, 2012 £1 = SWFr 3.5544. 1. August 2012, was £ 1 = SWRf 3.7081.

The accounting year of the company closes on September 30, 2012 and the currency in which the financial statements are reported in British pounds.

Record this transaction in the books of the company.

Indicates the amount of the balance of the accounts receivable and if there is gain or loss on that account as a result of the exchange rate.

2) The company Rose bought an asset by the amount of €12000 a foreign company on January 3, 2012. By that date the exchange rate between the two currencies involved was 1FC (foreign currency) = € 2. The currency in which Rose keeps its accounts is in foreign currency. In the statement of financial situation of June 30, 2012, the foreign currency exchange rate was 1FC = €1.50.

Displays entries that Rose must do to register the initial transaction and those required for the date of the balance sheet (in terms of gain or loss as a result of the exchange rate).

1) An entity in the United Kingdom, sells goods to a Swiss entity on May 1, 2012 for the amount of 750,000 Swiss francs (SWFr). The payment is received August 1, 2012. The rate of Exchange from May 1, 2012 £1 = SWFr 3.5544. 1. August 2012, was £ 1 = SWRf 3.7081.

The accounting year of the company closes on September 30, 2012 and the currency in which the financial statements are reported in British pounds.

a)Record this transaction in the books of the company.

b)Indicates the amount of the balance of the accounts receivable and if there is gain or loss on that account as a result of the exchange rate.

2) The company Rose bought an asset by the amount of €12000 a foreign company on January 3, 2012. By that date the exchange rate between the two currencies involved was 1FC (foreign currency) = € 2. The currency in which Rose keeps its accounts is in foreign currency. In the statement of financial situation of June 30, 2012, the foreign currency exchange rate was 1FC = €1.50.

Displays entries that Rose must do to register the initial transaction and those required for the date of the balance sheet (in terms of gain or loss as a result of the exchange rate).

United Motors specializes in producing one specialty vehicle. It is called surfr and is styled to easily fit surfboards in its back area and top-mounted storage racks: United has the following manufacture costs:

Plant management​ costs, 1,464,000 per year

Cost of leasing equipment 2.328,000 per year

Workers wages $700 per suffer vehicle produced

Direct material costs, Steel $1,500 per Surfer; Tires $130 per tire, each surfer take 5 tires (one spare) City license, which is charged monthly based on the numbers of tires used in production

Merrythought is a business that makes teddy bears, located in Ironbridge, Shropshire, in the United Kingdom. The business was founded years ago by Gordon Holmes. It is a private limited company, still owned by the Holmes family and is currently run by Gordon Holmes’s great-granddaughter Sarah Holmes.

The business has approximately 25 employees and does all its manufacturing in England. It makes a large number of different styles of teddy bears, ranging from “traditional British bears, to special occasion bears and various “ novelty’ bears.

1. Identify and define the type of business the Holmes family is conducting. Justify your answer
2. List its advantages and disadvantages.

Take two identical closed strings, both tracing out exactly the same path in space. These two strings are coincident everywhere. Call this state I.

Take a single closed string following exactly the same closed path as in the first case, but not closing just yet. The string goes around exactly the same path once again before closing in on itself. Two cycles around the same closed path. Call this state II.

String field theory tells us unambiguously states I and II are distinct.

Stretch this closed path to make it much larger than the string scale. Supposedly, stringy nonlocality only happens at the string scale. States I and II still differ.

Partition target space into local regions the size of the string scale. The path cuts across a chain of such local regions. If string theory were local, we can reconstruct the state of the entire universe from the restricted states of each subregion if we allow for quantum entanglement between regions. Locally, states I and II ought to be indistinguishable over each local region. For each local region, we always see two string segments passing through it. Thus, states I and II have to be identical?

This can't be. Either string theory is inherently nonlocal over scales much larger than the string scale, or it obeys Maxwell-Boltzmann statistics and not Bose-Einstein statistics.

This isn't some Aharonov-Bohm effect. Even if we include all the local regions in the "interior" of the closed loop, this doesn't change matters the least bit.

PS. Please reread my question more carefully. What you call configuration III is actually my configuration I.

PPS: Let me try to understand your explanation. If we have N coincident strings, or a string which winds round the same loop N times or any other combination in between, this can be described by an SN discrete gauge symmetry. The conjugacy class of the holonomy of this discrete gauge symmetry around the loop distinguishes between the various combinations. Feel free to correct me if I am wrong. This has the flavor of parastatistics, does it not?

Lean Principles

Soft Glow, Inc. manufactures light bulbs. Its purchasing policy requires that the purchasing agents place each quarter's purchasing requirements out for bid. This is because the Purchasing Department is evaluated solely by its ability to get the lowest purchase prices. The lowest bidder receives the order for the next quarter (90 working days).

To make its bulb products, Soft Glow requires 45,000 pounds of glass per quarter. Soft Glow received two glass bids for the third quarter, as follows:

Mid-States Glass Company: $28.00 per pound of glass. Delivery schedule: 45,000 (500 lbs. x 90 days) pounds at the beginning of July to last for 3 months.

Cleveland Glass Company: $28.20 per pound of glass. Delivery schedule: 500 pounds per working day (90 days in the quarter).

Soft Glow accepted Mid-States Glass Company's bid because it was the low-cost bid.

Required:

1. All of the following are ways in which Soft Glow could develop long-term partnerships with its suppliers except:

a. share research and development efforts.

b. ignore internal costs caused by delivery delays while contracting on the best price point basis.

c. share production schedules.

d. establish electronic data interchange.

e. establish supplier raw materials logistical support.

b

2. All of the following statements are true regarding the hidden costs beyond the price of Mid-States Glass Company's bid except:

a. They are easy to determine, yet often overlooked.

b. They ignore additional internal costs of the higher inventory imposed by Mid-States Glasses' delivery schedule.

c. The hidden costs are incurred by other parts of the organization, not purchasing.

d. The hidden costs include costs for additional space and handling.

e. The hidden costs include costs of obsolescence and financing.

a

3. Considering just inventory financing costs, what is the additional cost per pound of Mid-States Glass Company's bid if the annual cost of money is 10%? Round to the nearest cent.
$ per lb.

Please answer part 3 of the question with step by step explanation. Thanks