Questions
In your opinion, how is social media changing the political process in the United States? Is...
- In your opinion, how is social media changing the political process in the United States? Is the change good or bad? Why?
In: Psychology
Do you think that there is still institutionalized racial discrimination in the United States today and...
Do you think that there is still institutionalized racial discrimination in the United States today and if so, how is it implemented and by whom?
In: Psychology
Prepare a comprehensive and thumbnail brief of each of the following opinions: United States v. Kovel...
Prepare a comprehensive and thumbnail brief of each of the following opinions:
United States v. Kovel
Brown v. Hammond
In: Operations Management
G1) If you could rewrite/change the “rules.” how would you improve corporate governance in the United...
G1) If you could rewrite/change the “rules.” how would you improve corporate governance in the United States?
In: Operations Management
Describe, discuss, and give specific examples of six types of indirect compensation and the challenges that...
Describe, discuss, and give specific examples of six types of indirect compensation and the challenges that organizations in the United States are facing.
In: Operations Management
Describe the Bureau of Customs and Border form when the customs broker first enters the merchandise...
Describe the Bureau of Customs and Border form when the customs broker first enters the merchandise into the commerce of the United States
In: Operations Management
Matthews Co. acquired all of the common stock of Jackson Co. on January 1, 2020. As...
Matthews Co. acquired all of the common stock of Jackson Co. on January 1, 2020. As of that date, Jackson had the following trial balance:
| Debit | Credit | ||||
| Accounts payable | $ | 60,000 | |||
| Accounts receivable | $ | 50,000 | |||
| Additional paid-in capital | 60,000 | ||||
| Buildings (net) (20-year life) | 140,000 | ||||
| Cash and short-term investments | 70,000 | ||||
| Common stock | 300,000 | ||||
| Equipment (net) (8-year life) | 240,000 | ||||
| Intangible assets (indefinite life) | 110,000 | ||||
| Land | 90,000 | ||||
| Long-term liabilities (mature 12/31/22) | 180,000 | ||||
| Retained earnings, 1/1/20 | 120,000 | ||||
| Supplies | 20,000 | ||||
| Totals | $ | 720,000 | $ | 720,000 | |
During 2020, Jackson reported net income of $96,000 while paying dividends of $12,000. During 2021, Jackson reported net income of $132,000 while paying dividends of $36,000. Assume that Matthews Co. acquired the common stock of Jackson Co. for $588,000 in cash. As of January 1, 2020, Jackson's land had a fair value of $102,000, its buildings were valued at $188,000, and its equipment was appraised at $216,000. Any excess of consideration transferred over fair value of assets and liabilities acquired is due to an unamortized patent to be amortized over 10 years.
Matthews decided to use the equity method for this investment.
Required:
Using Excel
(A.) Prepare consolidation worksheet entries for December 31, 2020.
(B.) Prepare consolidation worksheet entries for December 31, 2021.
In: Accounting
Changes in the money supply
The following graph represents the money market in a hypothetical economy. As in the United States, this economy has a central bank called the Fed, but unlike in the United States, the economy is closed that is, the economy does not interact with other economies in the world). The money market is currently in equilibrium at an interest rate of 5% and a quantity of money equal to $0.4 trillion, as indicated by the grey star.
Suppose the Fed announces that it is lowering its target interest rate by 25 basis points, or 0.25 percentage point. To do this, the Fed will use open- market operations to the money by the public.
In: Economics
The Role of the FX Rate in Assessing Foreign Business Opportunity case One paragraph answer -Identify...
The Role of the FX Rate in Assessing Foreign Business Opportunity case
One paragraph answer
-Identify several perspectives that explain why the export sector remains so crucial to the United States and other developed economies.
-In 2009 U.S. households were not even buying a toaster when it wore out. Which economies that are major trading partners of the United States are presently in slowdowns? How long do you think that situation will last?
-Which companies are the U.S.'s leading exporters likely to be hurt by a strong US$?
In: Economics
Make decisions to make the product more marketable in the United States. The product is Korean...
Make decisions to make the product more marketable in the United States. The product is Korean red ginseng extract from CheongKwanJang. Place yourself in the role of the product manager who is searching for products to import to the United States. You can approach from finding out what the new market will be or the potential size of the current market for the product. Describe why you want to proceed with this product:
a. Give the pros and cons
b. Discuss the types of data that you would want in order to make your presentation to management.
In: Economics