Should interest groups be limited in how much money they can give to a candidate they support? Does this limitation help our society in any way. How does limiting campaign contributions by interest groups conflict with the First Amendment's Freedom of Speech or the 5thAmendment's right to property? Consult the facts of the case in the Supreme Court case "Citizens United." Explain with examples and cite evidence for your view.
In: Nursing
On January 1, 2018, Masterwear Industries issued $700,000 of 12% bonds, dated January 1. Interest of $42,000 is payable semiannually on June 30 and December 31. The bonds mature in three years. The market yield for bonds of similar risk and maturity is 10%. The entire bond issue was purchased by United Intergroup, Inc. The company incurred the issue cost of $14,000.
Show all journal entries.
In: Accounting
Use notes to financial statements to describe two accounting policies that differ significantly between the U.S. firm(United Continental Holdings, Inc. and Subsidiary Companies) and the foreign firm(China Eastern Airlines Corporation Limited). For each accounting policy, do the differences make IFRS net income higher than, lower than, the same as, or no effect compared to US GAAP net income?
In: Accounting
United Technical, Inc. (UT), a manufacturer of batteries used in autos. It has much of its own equipment in its own manufacturing facility. UT, however, relies heavily on components from a firm in Thailand. UT sells its batteries to firms all over the world. Provide a discussion of the different types of commercial insurance that UT would want to have in place as it does business.
In: Finance
The principle of the separate legal entity has been considered as the most fundamental principle of modern corporate law. This independence or distinction is not a new concept as it forms the backbone of the corporation’s legal issues. It is argued, however, that the sanctity of the principle of corporate veil principle is only drawn under compelling
Critically analyses the above statement in light of recent development of cases in the commonwealth jurisdiction of Malaysia and United Kingdom.
In: Operations Management
#3A. Under the chancellorship of Bismarck, Germany:
a. continued its traditional disunity
b. made strides toward unity but ultimately failed to come together
c. ceded its power and land to other European powers
d. united together for the first time
#3B. Short answer: Do you think central Europe was better off before Bismarck or after Bismarck? Explain.
In: Psychology
Diana Mark is the president of ServicePro, Inc., a company that provides temporary employees for not-for-profit companies. ServicePro has been operating for five years; its revenues are increasing with each passing year. You have been hired to help Diana in analyzing the following transactions for the first two weeks of April:
| April | 2 | Purchased and received office supplies for $1,400 on account. | ||
| April | 5 | Billed the local United Way office $6,600 for temporary services provided. | ||
| April | 8 | Paid $430 for supplies purchased and recorded on account last period. | ||
| April | 8 | Placed an advertisement in the local paper for $1,300 cash. | ||
| April | 9 | Purchased new equipment for the office costing $4,100 cash. | ||
| April | 10 | Paid employee wages of $3,000 incurred in April. | ||
| April | 11 | Received $2,800 on account from the local United Way office billed on April 5. | ||
| April | 12 | Purchased land as the site of a future office for $19,000. The land value was appraised as $29,000. Paid $2,700 down and signed a long-term note payable for the balance. | ||
| April | 13 |
Issued 2,700 additional shares of common stock for $50 per share in anticipation of building a new office. |
||
| April | 14 | Billed Family & Children's Services $3,800 for services rendered this month. | ||
| April | 15 | Received the April utilities bill for $1,200 to be paid next month. |
Required:
For each of the transactions, prepare journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
1
Record the purchase and receipt of office supplies for $1,400 on account.
2
Record the entry for billing the local United Way office $6,600 for temporary services provided.
3
Record the payment of $430 for supplies purchased and recorded on account last period.
4
Record the entry for placing an advertisement in the local paper for $1,300 cash.
5
Record the purchase of new equipment for the office costing $4,100 cash.
6
Record the payment of employee wages of $3,000 incurred in April.
7
Record the receipt of $2,800 on account from the local United Way office billed on April 5.
8
Record the entry for purchase of land as the site of a future office for $19,000. The land value was appraised as $29,000. Paid $2,700 down and signed a long-term note payable for the balance.
9
Record the issuance of 2,700 additional shares of common stock for $50 per share in anticipation of building a new office.
10
Record the entry for billing Family & Children’s Services $3,800 for services rendered this month.
11
Record the receipt of the April utilities bill for $1,200 to be paid next month.
Note: Enter debits before credits.
In: Accounting
An insurance company states that 15% of all fire insurance claims are fraudulent. Suppose the company is correct, and that it receives 130 claims.
What's the probability that at least 15 claims are fraudulent?
What's the probability that less than 10 claims are fraudulent?
In: Statistics and Probability
A colleague of yours states that natural selection merely eliminates unfit mutants rather than creating “new” characters. Thus, he concludes that natural selection could not account for the evolution of new types of organisms. Do you agree?
In: Biology
Thermochemistry
1. How much heat is required to convert 180g of ice at -40C to steam at 120C?
2. Write the thermochemical equation for the decomposition of one mole of methanol, CH3OH(l), into its elements in their stable states at 25C and 1atm.
In: Chemistry