So, I have 2 Window Server 2016 Virtual Machines and I am not sure how to create 2 NICs for each server. Can someone explain how to create it?
In: Computer Science
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The Town of Bedford Falls approved a General Fund operating budget for the fiscal year ending June 30, 2017. The budget provides for estimated revenues of $2,700,000 as follows: property taxes, $1,900,000; licenses and permits, $350,000; fines and forfeits, $250,000; and intergovernmental (state grants), $200,000. The budget approved appropriations of $2,650,000 as follows: General Government, $500,000; Public Safety, $1,600,000; Public Works, $350,000; Culture and Recreation, $150,000; and Miscellaneous, $50,000. |
| Required |
| a&b. |
Prepare the journal entry (or entries), to record the Town of Bedford Falls’s General Fund operating budget on July 1, 2016, the beginning of the Town’s 2017 fiscal year and also record the following transactions that occurred during the month of July 2016. Also show entries in the subsidiary ledger accounts, to record the Town of Bedford Falls’s General Fund operating budget on July 1, 2016, the beginning of the Town’s 2017 fiscal year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) |
| 1. |
Revenues were collected in cash amounting to $31,000 for licenses and permits and $12,000 for fines and forfeits. |
| 2. |
Supplies were ordered by the following functions in early July 2016 at the estimated costs shown: |
| General Government | $ | 7,400 |
| Public Safety | 11,300 | |
| Public Works | 6,100 | |
| Culture and Recreation | 4,200 | |
| Miscellaneous | 900 | |
| Total | $ | 29,900 |
| 3. |
During July 2016, supplies were received at the actual costs shown below and were paid in cash. General Government, Culture and Recreation, and Miscellaneous received all supplies ordered. Public Safety and Public Works received part of the supplies ordered earlier in the month at estimated costs of $10,700 and $5,900, respectively. |
| Actual Cost | Estimated Cost | |||||
| General Government | $ | 7,300 | $ | 7,400 | ||
| Public Safety | 10,800 | 10,700 | ||||
| Public Works | 6,100 | 5,900 | ||||
| Culture and Recreation | 4,100 | 4,200 | ||||
| Miscellaneous | 900 | 900 | ||||
| Total | $ | 29,200 | $ | 29,100 | ||
Record the Town of Bedford Falls’s General Fund operating budget on July 1, 2016, the beginning of the town’s 2017 fiscal year.
Revenues were collected in cash amounting to $31,000 for licenses and permits and $12,000 for fines and forfeits.
Record the issuance of the purchase orders and contracts.
Record the issuance of the purchase orders and contracts.
Record the cash paid for expenses.
|
|
|||||||||||||||||||||||||
|
TOWN OF BEDFORD FALLS
| Revenues Ledger | |||
| Account Description | Est Revenues Dr (Cr) | Revenues Cr (Dr) | Balance Dr (Cr) |
| Taxes | |||
| Budget | 0 | ||
| 0 | |||
| Licenses and Permits | |||
| Budget | 0 | ||
| Cash collected | 0 | ||
| Fines and Forfeits | |||
| Budget | 0 | ||
| Cash collected | 0 | ||
| Intergovernmental Revenues | |||
| Budget | 0 | ||
| 0 | |||
TOWN OF BEDFORD FALLS
| Appropriations, Expenditures, and Encumbrances Ledger | |||||||
| Encumbrances | Expenditures | ||||||
| Account/Description | Increase Dr | Decrease (Cr) | Balance Dr (Cr) | Increase Dr (Cr) | Balance Dr (Cr) | Appropriations Cr (Dr) | Balance Cr (Dr) |
| General Government | |||||||
| Appropriations | |||||||
| Order of Supplies | 0 | ||||||
| Supplies received | |||||||
| Public Safety | |||||||
| Appropriations | |||||||
| Order of Supplies | 0 | ||||||
| Supplies received | |||||||
| Public Works | |||||||
| Appropriations | |||||||
| Order of Supplies | 0 | ||||||
| Supplies received | |||||||
| Culture and Recreation | |||||||
| Appropriations | |||||||
| Order of Supplies | 0 | ||||||
| Supplies received | |||||||
| Miscellaneous | |||||||
| Appropriations | |||||||
| Order of Supplies | 0 | ||||||
| Supplies received | |||||||
| c. |
Calculate the amount of budgeted but unrealized revenues in total and from each source as of July 31, 2016. |
Source
| Budgeted | Actual | Unrealized Revenue | |
| Property Taxes | $0 | ||
| Licenses and Permits | 0 | ||
| Fines and Forfeits | 0 | ||
| Intergovernmental | 0 | ||
| Total | $0 | $0 | $0 |
| d. |
Calculate the amount of available appropriation in total and for each function as of July 31, 2016. |
|
In: Accounting
Roberta Santos, age 41, is single and lives at 120 Sanborne Avenue, Springfield, IL 60781. Her Social Security number is 123-45-6789. Roberta has been divorced from her former husband, Wayne, for three years. She has a son, Jason, who is 17, and a daughter, June, who is 18. Jason's Social Security number is 111-11-1112, and June's is 123-45-6788. Roberta does not want to contribute $3 to the Presidential Election Campaign Fund. Roberta, an advertising executive, earned a salary from ABC Advertising of $80,000 in 2016. Her employer withheld $9,000 in Federal income tax and $3,100 in state income tax. Roberta has legal custody of Jason and June. The divorce decree provides that Roberta is to receive the dependency deductions for the children. Jason lives with his father during summer vacation. Wayne indicates that his expenses for Jason are $10,500. Roberta can document that she spent $6,500 for Jason's support during 2016. In prior years, Roberta gave a signed Form 8332 to Wayne regarding Jason. For 2016, she has decided not to do so. Roberta provides all of June's support. Roberta's mother died on January 7, 2016. Roberta inherited assets worth $625,000 from her mother. As the sole beneficiary of her mother's life insurance policy, Roberta received insurance proceeds of $300,000. Her mother's cost basis for the life insurance policy was $120,000. Roberta's favorite aunt gave her $13,000 for her birthday in October. On November 8, 2016, Roberta sells for $22,000 Amber stock that she had purchased for $24,000 from her first cousin, Walt, on December 5, 2011. Walt's cost basis for the stock was $26,000, and the stock was worth $23,000 on December 5, 2011. On December 1, 2016, Roberta sold Falcon stock for $13,500. She had acquired the stock on July 2, 2013, for $8,000. An examination of Roberta's records reveals that she received the following: Interest income of $2,500 from First Savings Bank. Groceries valued at $750 from Kroger Groceries for being the 100,000th customer. Qualified dividend income of $1,800 from Amber. Interest income of $3,750 on City of Springfield school bonds. Alimony of $16,000 from Wayne. Distribution of $4,800 from ST Partnership. Her distributive share of the partnership passive taxable income was $5,300. She had no prior passive activity losses. From her checkbook records, she determines that she made the following payments during 2016: Charitable contributions of $4,500 to First Presbyterian Church and $1,500 to the American Red Cross (proper receipts obtained). Paid $5,000 to ECM Hospital for the medical expenses of a friend from work. Mortgage interest on her residence of $7,800 to Peoples Bank. Property taxes of $3,200 on her residence and $1,100 (ad valorem) on her car. $800 for landscaping expenses for residence. Estimated Federal income taxes of $3,800 and estimated state income taxes of $1,000. Medical expenses of $5,000 for her and $800 for Jason. In December, her medical insurance policy reimbursed $1,500 of her medical expenses. A $1,000 ticket for parking in a handicapped space. Attorney's fees of $500 associated with unsuccessfully contesting the parking ticket. Contribution of $250 to the campaign of a candidate for governor. Because she did not maintain records of the sales tax she paid, she calculates the amount from the sales tax table to be $994. Calculate Roberta's net tax payable or refund due for 2016. Use the appropriate forms and schedules.
Please dont include personal exemptions or alamony in the calculations. I need the completed 1040 and any required schedules to complete this project. Please help.
In: Accounting
I JUST NEED THE NAMES OF THE ADJUSTING ENTRY ACCOUNTS FOR A) THROUGH I). I don't need the number entries. I attached the balance sheet in case you need it for reference
Problem -
Your required tasks are as follows: On the designated worksheet, prepare in journal entry form the adjusting journal entries for the following items. Letter entries to correspond to the below information and present them in alphabetical order. (Round all numbers to the nearest dollar)
On June 1, 2016 B&B paid Lorre Advertising $48,000 for two years of advertising services. Equal services are provided in year 1 and year 2 of the contract.
B&B needed some additional storage space so on September 1, 2016 they rented a unit for an annual rate of $10,200. The entire amount was expensed when paid.
$4,250 of store supplies were purchased during the year and the asset Store Supplies was increased. $2,150 of these supplies were used during the year.
$6,500 of office supplies were purchased during the year and were immediately expensed. A count of the office supplies on hand December 31, 2016, indicates a balance of $1,500.
On October 1, 2016, B&B issued a 9-month note receivable to Greenstreet & Co. at an annual interest rate of 4%. Principal and interest will be paid at the end of the 9-months. The note was recorded in Notes Receivable and is the only note outstanding.
Sales salaries of $6,200 and office salaries of $4,800 were earned and remained unpaid at 12/31/16.
On May 1, 2016, B&B rented a portion of one store to Paul Henreid Co. The contract was for 10 months and B&B required the 10 months of cash upfront on May 1. The rent is being earned equally over the next 10 months. When cash was received, unearned rent was appropriately recorded.
On November 1, 2016, B&B collected $18,000 for consulting services to be performed from November 1, 2016 to February 28, 2017. The company credited the revenue account when the cash was received.
Based on past experience, B&B calculates bad debt expense at 1.5% of net sales for the year.
Refer to balance sheet:
| Bogie and Bacall Company | ||||||
| End of Period Worksheet | ||||||
| For the Year Ended December 31, 2016 | ||||||
| Unadjusted | Adjusted | |||||
| Account Title | Trial Balance | Adjustments | Trial Balance | |||
| DR | CR | DR | CR | DR | CR | |
| Cash | 49,800 | - | ||||
| Accounts Receivable | 77,450 | - | ||||
| Allowance for Doubtful Accounts | 2,000 | |||||
| Interest Receivable | - | |||||
| Merchandise Inventory | 160,500 | - | ||||
| Prepaid Insurance | 18,000 | - | ||||
| Prepaid Advertising | 48,000 | |||||
| Prepaid Rent | - | |||||
| Store Supplies | 4,250 | - | ||||
| Office Supplies | - | - | ||||
| Note Receivable | 24,000 | |||||
| Store Equipment | 175,000 | - | ||||
| Accumulated Depreciation - Store Equipment | - | 40,050 | ||||
| Office Equipment | 80,000 | - | ||||
| Accumulated Depreciation - Office Equipment | - | - | ||||
| Accounts Payable | - | 85,200 | ||||
| Salaries Payable | - | - | ||||
| Interest Payable | - | - | ||||
| Unearned Rent | - | 20,000 | ||||
| Unearned Consulting Revenue | ||||||
| Note Payable (payment due 2020) | - | 146,000 | ||||
| Common Stock | - | 60,000 | ||||
| Retained Earnings | - | 111,500 | ||||
| Dividends | 35,000 | - | ||||
| Sales Revenues | - | 808,950 | ||||
| Consulting Revenue | 24,000 | |||||
| Sales Returns and Allowances | 11,700 | - | ||||
| Sales Discounts | 7,200 | - | ||||
| Cost of Goods Sold | 457,200 | - | ||||
| Sales Salaries Expense | 94,650 | - | ||||
| Advertising Expense | - | |||||
| Depreciation Expense - Store Equipment | - | - | ||||
| Store Supplies Expense | - | - | ||||
| Miscellaneous Selling Expense | 2,600 | - | ||||
| Office Salaries Expense | 34,000 | - | ||||
| Rent Expense | 10,200 | - | ||||
| Insurance Expense | - | - | ||||
| Depreciation Expense - Office Equipment | - | - | ||||
| Office Supplies Expense | 6,500 | - | ||||
| Miscellaneous Administrative Expense | 1,650 | - | ||||
| Rent Revenue | - | - | ||||
| Interest Revenue | ||||||
| Interest Expense | - | - | ||||
| Bad Debt Expense | - | - | ||||
| 1,297,700 | 1,297,700 | |||||
In: Accounting
I JUST NEED THE NAMES OF THE ADJUSTING ENTRY ACCOUNTS FOR A) THROUGH I). I don't need the numbers. I attached the balance sheet in case you need it for reference
Problem -
Your required tasks are as follows: On the designated worksheet, prepare in journal entry form the adjusting journal entries for the following items. Letter entries to correspond to the below information and present them in alphabetical order. (Round all numbers to the nearest dollar)
a) On June 1, 2016 B&B paid Lorre Advertising $48,000 for two years of advertising services. Equal services are provided in year 1 and year 2 of the contract.
b) B&B needed some additional storage space so on September 1, 2016 they rented a unit for an annual rate of $10,200. The entire amount was expensed when paid.
c) $4,250 of store supplies were purchased during the year and the asset Store Supplies was increased. $2,150 of these supplies were used during the year.
d) $6,500 of office supplies were purchased during the year and were immediately expensed. A count of the office supplies on hand December 31, 2016, indicates a balance of $1,500.
e) On October 1, 2016, B&B issued a 9-month note receivable to Greenstreet & Co. at an annual interest rate of 4%. Principal and interest will be paid at the end of the 9-months. The note was recorded in Notes Receivable and is the only note outstanding.
f) Sales salaries of $6,200 and office salaries of $4,800 were earned and remained unpaid at 12/31/16.
g) On May 1, 2016, B&B rented a portion of one store to Paul Henreid Co. The contract was for 10 months and B&B required the 10 months of cash upfront on May 1. The rent is being earned equally over the next 10 months. When cash was received, unearned rent was appropriately recorded.
h) On November 1, 2016, B&B collected $18,000 for consulting services to be performed from November 1, 2016 to February 28, 2017. The company credited the revenue account when the cash was received.
i) Based on past experience, B&B calculates bad debt expense at 1.5% of net sales for the year.
Refer to balance sheet:
| Bogie and Bacall Company | ||||||
| End of Period Worksheet | ||||||
| For the Year Ended December 31, 2016 | ||||||
| Unadjusted | Adjusted | |||||
| Account Title | Trial Balance | Adjustments | Trial Balance | |||
| DR | CR | DR | CR | DR | CR | |
| Cash | 49,800 | - | ||||
| Accounts Receivable | 77,450 | - | ||||
| Allowance for Doubtful Accounts | 2,000 | |||||
| Interest Receivable | - | |||||
| Merchandise Inventory | 160,500 | - | ||||
| Prepaid Insurance | 18,000 | - | ||||
| Prepaid Advertising | 48,000 | |||||
| Prepaid Rent | - | |||||
| Store Supplies | 4,250 | - | ||||
| Office Supplies | - | - | ||||
| Note Receivable | 24,000 | |||||
| Store Equipment | 175,000 | - | ||||
| Accumulated Depreciation - Store Equipment | - | 40,050 | ||||
| Office Equipment | 80,000 | - | ||||
| Accumulated Depreciation - Office Equipment | - | - | ||||
| Accounts Payable | - | 85,200 | ||||
| Salaries Payable | - | - | ||||
| Interest Payable | - | - | ||||
| Unearned Rent | - | 20,000 | ||||
| Unearned Consulting Revenue | ||||||
| Note Payable (payment due 2020) | - | 146,000 | ||||
| Common Stock | - | 60,000 | ||||
| Retained Earnings | - | 111,500 | ||||
| Dividends | 35,000 | - | ||||
| Sales Revenues | - | 808,950 | ||||
| Consulting Revenue | 24,000 | |||||
| Sales Returns and Allowances | 11,700 | - | ||||
| Sales Discounts | 7,200 | - | ||||
| Cost of Goods Sold | 457,200 | - | ||||
| Sales Salaries Expense | 94,650 | - | ||||
| Advertising Expense | - | |||||
| Depreciation Expense - Store Equipment | - | - | ||||
| Store Supplies Expense | - | - | ||||
| Miscellaneous Selling Expense | 2,600 | - | ||||
| Office Salaries Expense | 34,000 | - | ||||
| Rent Expense | 10,200 | - | ||||
| Insurance Expense | - | - | ||||
| Depreciation Expense - Office Equipment | - | - | ||||
| Office Supplies Expense | 6,500 | - | ||||
| Miscellaneous Administrative Expense | 1,650 | - | ||||
| Rent Revenue | - | - | ||||
| Interest Revenue | ||||||
| Interest Expense | - | - | ||||
| Bad Debt Expense | - | - | ||||
| 1,297,700 | 1,297,700 | |||||
In: Accounting
| Costco Wholesale Corporation | |||
|---|---|---|---|
| Consolidated Statements of Earnings | |||
| For Fiscal Years Ended ($ millions) | August 28, 2016 | August 30, 2015 | August 31, 2014 |
| Revenue | |||
| Net Sales | $116,073 | $113,666 | $110,212 |
| Membership fees | 2,646 | 2,533 | 2,428 |
| Total revenue | 118,719 | 116,199 | 112,640 |
| Operating expenses | |||
| Merchandise costs | 102,901 | 101,065 | 98,458 |
| Selling, general and administrative | 12,068 | 11,445 | 10,899 |
| Preopening expenses | 78 | 65 | 63 |
| Operating Income | 3,672 | 3,624 | 3,220 |
| Other income (expense) | |||
| Interest expense | (133) | (124) | (113) |
| Interest income and other, net | 80 | 104 | 90 |
| Income before income taxes | 3,619 | 3,604 | 3,197 |
| Provision for income taxes | 1,243 | 1,195 | 1,109 |
| Net income including noncontrolling interests | 2,376 | 2,409 | 2,088 |
| Net income attributable to noncontrolling interests | (26) | (32) | (30) |
| Net income attributable to Costco | $2,350 | $2,377 | $2,058 |
| Costco Wholesale Corporation | |||
|---|---|---|---|
| Consolidated Balance Sheets | |||
| ($ millions, except par value and share data) | August 28, 2016 | August 30, 2015 | |
| Assets | |||
| Current assets | |||
| Cash and cash equivalents | $3,379 | $4,801 | |
| Short-term investments | 1,350 | 1,618 | |
| Receivables, net | 1,252 | 1,224 | |
| Merchandise inventories | 8,969 | 8,908 | |
| Deferred income taxes and other current assets | 268 | 228 | |
| Total current assets | 15,218 | 16,779 | |
| Property and equipment | |||
| Land | 5,395 | 4,961 | |
| Buildings and improvements | 13,994 | 12,618 | |
| Equipment and fixtures | 6,077 | 5,274 | |
| Construction in progress | 701 | 811 | |
| Gross property and equipment | 26,167 | 23,664 | |
| Less accumulated depreciation and amortization | (9,124) | (8,263) | |
| Net property and equipment | 17,043 | 15,401 | |
| Other assets | 902 | 837 | |
| Total assets | $33,163 | $33,017 | |
| Liabilities and equity | |||
| Current liabilities | |||
| Accounts payable | $7,612 | $9,011 | |
| Current portion long-term debt | $1,100 | $1,283 | |
| Accrued salaries and benefits | 2,629 | 2,468 | |
| Accrued member rewards | 869 | 813 | |
| Deferred membership fees | 1,362 | 1,269 | |
| Other current liabilities | 2,003 | 1,695 | |
| Total current liabilities | 15,575 | 16,539 | |
| Long-term debt, excluding current portion | 4,061 | 4,852 | |
| Other liabilities | 1,195 | 783 | |
| Total liabilities | 20,831 | 22,174 | |
| Equity | |||
| Preferred stock, $0.005 par value: | |||
| 100,000,000 shares authorized; no shares issued and outstanding | 0 | 0 | |
| Common stock, $0.005 par value: | |||
| 900,000,000 shares authorized; | |||
| 437,524,000 and 437,952,000 shares issued and outstanding | 2 | 2 | |
| Additional paid-in-capital | 5,490 | 5,218 | |
| Accumulated other comprehensive loss | (1,099) | (1,121) | |
| Retained earnings | 7,686 | 6,518 | |
| Total Costco stockholders’ equity | 12,079 | 10,617 | |
| Noncontrolling interests | 253 | 226 | |
| Total equity | 12,332 | 10,843 | |
| Total liabilities and equity | $33,163 | $33,017 | |
(a) Compute net operating profit after tax (NOPAT) for 2016. Assume that the combined federal and state statutory tax rate is 37%. (Round to the nearest whole number.)
(b) Compute net operating assets (NOA) for 2016 and 2015.
(c) Compute Costco’s RNOA, net operating profit margin (NOPM) and net operating asset turnover (NOAT) for 2016. (Do not round until final answer. Round two decimal places. Do not use NOPM x NOAT to calculate RNOA)
(d) Compute net nonoperating obligations (NNO) for 2016 and 2015
(e) Compute return on equity (ROE) for 2016. (Do not round until final answer. Round answer two decimal places)
(f) Infer the nonoperating return component of ROE for 2016. (Use answers from above to calculate. Round two decimal places.)
In: Accounting
|
Snap-On Incorporated Consolidated Statements of Earnings |
|||
|
(Amounts in millions) |
For the fiscal year ended |
||
|
2016 |
2015 |
||
|
Net sales |
$ 3,430.4 |
$ 3,352.8 |
|
|
Cost of goods sold |
(1,720.8) |
(1,704.5) |
|
|
Gross profit |
1,709.6 |
1,648.3 |
|
|
Operating expenses |
(1,054.1) |
(1,053.7) |
|
|
Operating earnings before financial services |
655.5 |
594.6 |
|
|
Financial services revenue |
281.4 |
240.3 |
|
|
Financial services expenses |
(82.7) |
(70.1) |
|
|
Operating income from financial services |
198.7 |
170.2 |
|
|
Operating earnings |
854.2 |
764.8 |
|
|
Interest expense |
(52.2) |
(51.9) |
|
|
Other income (expense) -- net |
(0.6) |
(2.4) |
|
|
Earnings before income taxes and equity earnings |
801.4 |
710.5 |
|
|
Income tax expense |
(244.3) |
(221.2) |
|
|
Earnings before equity earnings |
557.1 |
489.3 |
|
|
Equity earnings, net of tax |
2.5 |
1.3 |
|
|
Net earnings |
559.6 |
490.6 |
|
|
Net earnings attributable to noncontrolling interests |
(13.2) |
(11.9) |
|
|
Net earnings attributable to Snap-on Incorporated |
$ 546.4 |
$ 478.7 |
|
Continued next page
|
Snap-On Incorporated Consolidated Balance Sheets |
||
|
Fiscal Year End |
||
|
(Amounts in millions) |
2016 |
2015 |
|
Cash and cash equivalents |
$ 77.6 |
$ 92.8 |
|
Trade and other accounts receivable - net |
598.8 |
562.5 |
|
Finance receivables - net |
472.5 |
447.3 |
|
Contract receivables - net |
88.1 |
82.1 |
|
Inventories - net |
530.5 |
497.8 |
|
Deferred income tax assets |
0.0 |
109.9 |
|
Prepaid expenses and other assets |
116.5 |
106.3 |
|
Total current assets |
1,884.0 |
1,898.7 |
|
Property and equipment - net |
425.2 |
413.5 |
|
Deferred income tax assets |
72.8 |
106.3 |
|
Long-term finance receivables - net |
934.5 |
772.7 |
|
Long-term contract receivables - net |
286.7 |
266.6 |
|
Goodwill |
895.5 |
790.1 |
|
Other intangibles - net |
184.6 |
195.0 |
|
Other assets |
39.9 |
44.0 |
|
Total assets |
4,723.2 |
4,486.9 |
|
Notes payable and current maturities of long-term debt |
301.4 |
18.4 |
|
Accounts payable |
170.9 |
148.3 |
|
Accrued benefits |
52.8 |
52.1 |
|
Accrued compensation |
89.8 |
91.0 |
|
Franchisee deposits |
66.7 |
64.4 |
|
Other accrued liabilities |
307.9 |
296.3 |
|
Total current liabilities |
989.5 |
670.5 |
|
Long-term debt |
708.8 |
861.7 |
|
Deferred income tax liabilities |
13.1 |
169.8 |
|
Retiree health care benefits |
36.7 |
37.9 |
|
Pension liabilities |
246.5 |
227.8 |
|
Other long-term liabilities |
93.4 |
88.5 |
|
Total liabilities |
2,088.0 |
$ 2,056.2 |
|
Preferred stock |
– |
– |
|
Common stock |
67.4 |
$ 67.4 |
|
Additional paid-in capital |
317.3 |
296.3 |
|
Retained earnings |
3,384.9 |
2,986.9 |
|
Accumulated other comprehensive income (loss) |
(498.5) |
(364.2) |
|
Treasury stock at cost |
(653.9) |
(573.7) |
|
Total shareholders’ equity attributable to Snap-on Inc. |
2,617.2 |
2,412.7 |
|
Noncontrolling interests |
18.0 |
18.0 |
|
Total shareholders’ equity |
2,635.2 |
2,430.7 |
|
Total liabilities and shareholders’ equity |
$ 4,723.2 |
$ 4,486.9 |
Continued next page
Required:
In: Finance
Miller Company acquired an 80 percent interest in Taylor Company on January 1, 2016. Miller paid $896,000 in cash to the owners of Taylor to acquire these shares. In addition, the remaining 20 percent of Taylor shares continued to trade at a total value of $224,000 both before and after Miller’s acquisition.On January 1, 2016, Taylor reported a book value of $626,000 (Common Stock = $313,000; Additional Paid-In Capital = $93,900; Retained Earnings = $219,100). Several of Taylor’s buildings that had a remaining life of 20 years were undervalued by a total of $83,400.During the next three years, Taylor reports income and declares dividends as follows:YearNet IncomeDividends2016$73,100$10,500201794,50015,8002018105,30021,100Determine the appropriate answers for each of the following questions:A.What amount of excess depreciation expense should be recognized in the consolidated financial statements for the initial years following this acquisition?B.If a consolidated balance sheet is prepared as of January 1, 2016, what amount of goodwill should be recognized?C.If a consolidation worksheet is prepared as of January 1, 2016, what Entry S and Entry A should be included?D.On the separate financial records of the parent company, what amount of investment income would be reported for 2016 under each of the following accounting methods?The equity method.The partial equity method.The initial value method.E. On the parent company’s separate financial records, what would be the December 31, 2018, balance for the Investment in Taylor Company account under each of the following accounting methods?The equity method.The partial equity method.The initial value method.F. As of December 31, 2017, Miller’s Buildings account on its separate records has a balance of $844,000 and Taylor has a similar account with a $316,500 balance. What is the consolidated balance for the Buildings account?G. What is the balance of consolidated goodwill as of December 31, 2018?H.Assume that the parent company has been applying the equity method to this investment. On December 31, 2018, the separate financial statements for the two companies present the following information:Miller CompanyTaylor CompanyCommon stock$527,500$313,000Additional paid-in capital295,40093,900Retained earnings, 12/31/18654,100444,600a.What amount of excess depreciation expense should be recognized in the consolidated financial statements for the initial years following this acquisition?b. If a consolidated balance sheet is prepared as of January 1, 2016, what amount of goodwill should be recognized?a.Amount of excess depreciationb.Amount of goodwillIf a consolidation worksheet is prepared as of January 1, 2016, what Entry S and Entry A should be included?d. On the separate financial records of the parent company, what amount of investment income would be reported for 2016 under each of the following accounting methods?e. On the parent company’s separate financial records, what would be the December 31, 2018, balance for the Investment in Taylor Company account under each of the following accounting methods?Show lessd. Investment Incomee. Investment BalanceThe equity methodThe partial equity methodThe initial value methodf. As of December 31, 2017, Miller’s Buildings account on its separate records has a balance of $844,000 and Taylor has a similar account with a $316,500 balance. What is the consolidated balance for the Buildings account?g. What is the balance of consolidated goodwill as of December 31, 2018?f.Consolidated balanceg.Consolidated balanceAssume that the parent company has been applying the equity method to this investment. On December 31, 2018, the separate financial statements for the two companies present the following information:Miller CompanyTaylor Company Common stock$527,500$313,000 Additional paid-in capital295,40093,900 Retained earnings, 12/31/18654,100444,600
What will be the consolidated balance of each of these accounts?Show lessCommon stockAdditional paid-in capitalRetained earnings, 12/31/18
In: Accounting
Create a JavaScript function that will collect the information from the form and verify that it is the correct type and that there are no blank textboxes.
Save and test the file to ensure that the textbox information is collected and the script is working correctly.
Use the onclick event within the submit button to call this function.
Output validation error messages by writing directly to the
with the id of "results."(You may want to use alert boxes for testing at first. If you do this, remove the alerts and ensure the message is displayed correctly before submitting.)
Create a loop within the above function that collects the checked value of the radio button group.
Once the value from the radio group is collected,
create a function to pass the value for evaluation and return a message for the user based on his or her selected skill type using the
with the id of "more."Please I need the same result like as in the image you can copy the link to download the image and below is my code fix that thank you!!!
https://devryu.instructure.com/courses/62607/files/9495251/preview
<!DOCTYPE HTML>
<html>
<head>
<meta http-equiv="Content-Type" content="text/html;
charset=UTF-8">
<title>JavaScript Exercises</title>
<style type="text/css">
body {
font-family:Verdana, Geneva, sans-serif;
font-size:100%;
margin:0;
padding:0;
}
p {
color:#900;
margin-left:20px;
}
div#results {
background-color:#FF6;
height:auto;
width:500px;
border:1px solid red;
padding:10px;
margin-left:20px;
-moz-box-shadow: 10px 10px 5px #888;
-webkit-box-shadow: 10px 10px 5px #888;
box-shadow: 10px 10px 5px #888;
border-radius:7px;
}
div#more {
background-color: #39F;
height:auto;
width:500px;
border:1px solid #036;
padding:10px;
margin-left:20px;
margin-top:20px;
-moz-box-shadow: 10px 10px 5px #888;
-webkit-box-shadow: 10px 10px 5px #888;
box-shadow: 10px 10px 5px #888;
color:#CF0;
}
#form1
{
padding: 10px;
width: 500px;
border-style: solid;
border-color: #063;
border-radius: 15px;
-moz-box-shadow: 10px 10px 5px #888;
-webkit-box-shadow: 10px 10px 5px #888;
box-shadow: 10px 10px 5px #888;
background-color: #CFF;
margin:20px;
}
</style>
<script type="text/javascript">
function validateForm(){
var name = document.getElementById("name").value;
var age = document.getElementById("age").value;
if(name == "" || name == null){//checking for null or empty
string
resultsMsg("Hey, you forgot to fill in your name!");
}else{
if(age == "" || age == null || isNaN(age)){
resultsMsg("Age is required!");
}else{
if(!getSkill()){
resultsMsg("Please select a skill");
}else{
resultsMsg("Success, you selected " + getSkill());
}// end else
}
}//end else
}//end function
function getSkill(){
var isChecked = false; // assume no button is checked
var theSelection;
var skills = document.getElementsByName('skillset');// returns an
array
for (var i=0; i < skills.length; i++){
if(skills[i].checked){
isChecked = true;
theSelection = skills[i].value;
break; //leave the loop since only one can be checked
}// end if
}// end for
if(isChecked){
return theSelection;
}else{
return false;
}//end else
}// end function
function resultsMsg(S){
var resultsBox = document.getElementById("results");
//reset to blank by overwriting
resultsBox.innerHTML= S;
}//end function
</script>
</head>
<body>
<p>First Paragraph</p>
<p>Second Paragraph</p>
<form name="form1" id="form1" action="" method="post">
<label>First Name:
<input type="text" id="name" name="name">
</label>
<br> <!-- new line here -->
<label>Your Age:
<input type="text" id="age" name="age">
</label>
<br> <!-- new line here -->
<input type="radio" name="skillset"
value="Designer">Designer<br>
<input type="radio" name="skillset"
value="Developer">Developer<br>
<input type="radio" name="skillset"
value="Programmer">Programmer<br>
<input type="radio" name="skillset"
value="Artist">Artist<br>
<input type="button" value="Submit"
onclick="validateForm();"> <input
type="reset" value="Clear Form">
</form>
<div id="results"></div>
<div id="more">You did not selected a Skill</div>
</body>
</html>
In: Computer Science
This is for Cosmochemistry
a) Assuming you wanted to study aqueously mediated chemistry and parent-body processing on an asteroid in the early solar system, name two materials you might study and why.
b) In comparison, if you were interested in understanding vapor-phase condensation in the early solar nebula, name two materials you might examine and why.
In: Chemistry