Activity based costing "blasted" on the cost accounting scene in the late 1980s and early 1990s. It's authors, Dr. Robert Kaplan and Dr. Robin Cooper, from Harvard University, presented it as a more accurate costing method which would improve the accuracy of accounting information, and therefore lead to much improved decisions, leading to more profitable and successful companies. Has ABC lived up to its hype? Has it been a success? A dud? or somewhere in between? Is the novelty wearing off? Find evidence in the literature to support your opinion.

Early in 2014, Jones Industries was formed with authorization to issue 125,000 shares of $20 par value common stock and 15,000 shares of $100 par value cumulative preferred stock. During 2014, all the preferred stock was issued at par, and 90,000 shares of common stock were sold for $35 per share. The preferred stock is entitled to a dividend equal to 5 percent of its par value before any dividends are paid on the common stock. During its first five years of business (2014 through 2018), the company earned income totaling $3,850,000 and paid dividends of 55 cents per share each year on the common stock outstanding. On January 2, 2016, the company purchased 2,000 shares of its own common stock in the open market for $80,000. On January 2, 2018, it reissued 1,200 shares of this treasury stock for $60,000. The remaining 800 shares were still held in treasury at December 31, 2018. Required:

1. Prepare the stockholders’ equity section of the balance sheet at December 31, 2018. Include a supporting schedule showing (1) your computation of any paid-in capital on treasury stock and (2) retained earnings at the balance sheet date. (Hint: Dividends are not paid on shares of stock held in treasury).

2. As of December 31, 2018, compute the company’s book value per share of common stock.

3. At December 31, 2018, shares of the company’s common stock were trading at $48. Explain what would have happened to the market price per share had the company split its stock 2-for-1 at this date. Also explain would have happened to the par value of the common stock and to the number of common shares outstanding.

1. Distinguish between paid-in capital and retained earnings of a corporation. Why is such a distinction useful? What are the major transactions and other financial activities that impact the amount of paid-in capital of a corporation? Identify for each major type of transaction or activity whether it increases or decreases the amount of paid-in-capital.

2. Describe the usual nature of the following features as the apply to a share of preferred stock: a. Cumulative b. Convertible

3. What is the purpose of a stock split?

4. What is treasury stock? Why do corporations purchase their own shares? Is treasury stock an asset? How should it be reported in the balance sheet?

Fairbain Corporation was newly formed early in 20X1. The following information relates to the full year:

Raw materials purchased (net) $3,000,000 Direct labor costs 2,000,000 Factory overhead 1,500,000 Selling, general & administrative 700,000

80% of the available raw material was transferred into production. 75% of the work in process was completed. 90% of the finished goods were sold. 10% of factory overhead related to depreciation. 20% of SG&A related to depreciation.

(a) How much is in ending inventory for (1) raw materials, (2) work in process, and (3) finished goods?

(b) How much is in (1) cost of goods sold and (2) SG&A expense for the period?

(c) How much of the total depreciation for the period is charged against income during the period?

Early in 2015, Menan Corporation engaged Roberts, Inc. to design and construct a complete modernization of Menan's manufacturing facility. Construction was begun on May 1, 2015. Menan made the following payments to Roberts, Inc. during 2015:

In order to help finance the construction, Nolan issued the following during 2015:

1. $12,000,000 of 10-year, 9% bonds payable, issued at par on May 1, 2015, with interest payable annually on May 1.

2. 20,000,000 shares of no-par common stock, issued at $10 per share on May 1, 2015.

In addition to the 9% bonds payable, the only other debt outstanding during 2015 was an $8,000,000, 12% note payable dated January 1, 2012 and due January 1, 2022, with interest payable annually on January 1.

What is the total amount to be debited to the 'Manufacturing Facility' account during the year 2015?

SUBJECT: DATABASE SYSTEMS

!!! Please answer the question as early as possible !!!

Question 1
You are required to draw a complete Crow’s Foot ERD that includes the following entity
relationship components based on the below descriptions:
i) Identify all of the entities and its attributes.
ii) Identify all possible relationships and its connectivity.
iii) Identify the primary key and foreign key for each entity.
iv) Identify the participation constraint and cardinality for each relationship.
A Super5 company contains many departments. Each department has name and is identified
by department code. Each department employs many employees. An employee can work only
in one department. Each employee has ID number, name, job specialization, and email as the
attribute. Not all employees such as president and vice presidents will be assigned a
department.
Manager within the employee may supervises at least fifteen employees under his/her
supervision. An employee can be supervised by only one manage but president and vice
presidents no need manager to supervise them.
Every year Super5 company will organized a fund-raising events to aid an orphanage home.
During the event, a department needs to set up at most three committees and each committee
handled by one and only one department. The committee has committee id and committee
name. But not all departments need to set up a committee.
Each committee will be assigned to do many tasks. A task will be completed by one and only
one committee. The maximum number of tasks per committee is five. Special task will not be
handled by committee. The task will have the task number, task name, assign date, and task
duration to be completed.
There are many employees’ becoming a member of the committee. Each employee can work
in a committee based on the fund-rising event. This event will be held from time to time basis.
Whenever an employee is participating as committee member in fund-raising event,
participation date, event name, and position must be stored. Each event will have a unique
code.

Karen and Dave King are a two-income couple in their early thirties. They have two children, ages 6 and 3. Dave’s monthly take-home pay is $1,800, and Karen’s is $2,100. The Kings feel that because they are a two-income family, they both should have adequate life insurance coverage. Accordingly, they are presently trying to decide how much life insurance each one of them needs.

To begin with, they would like to set up an education fund for their children in the amount of $80,000 to provide college funds of $10,000 a year – in today’s dollars – for four years for each child. Moreover, in the event of either one of their deaths, they want the surviving spouse to have the funds to pay off all outstanding debts, including the $140,000 mortgage on their house. They estimate that they have $15,000 in consumer installment loans and credit cards. They also project that if either of them dies, the other probably will be left with about $10,000 in final estate and burial expenses.

As far as their annual income needs are concerned, Dave and Karen both feel very strongly that each should have enough insurance to replace their respective current income levels until the youngest child turns 18 (a period of 15 years). Though neither Dave nor Karen would be eligible for social security survivor’s benefits because they both intend to continue working, both children would qualify, in the (combined) amount of around $1,400 a month. The Kings have amassed about $75,000 in investments, and they have a decreasing-term life policy on each other in the amount of $85,000, which would be used to partially pay off the mortgage. Further, Dave has a $60,000 group policy at work and Karen a $90,000 group policy.

Complete Life Insurance Needs Worksheet for Karen & Dave King.

Use separate worksheets for Dave (where Karen is the survivor) and Karen (Dave is the survivor).

Please Number Your Answers 1. McDonalds in the early Kroc years. a. What was the value proposition offered by McDonalds? What brought customers (repeatedly) in the door? b. What did the SWOT analysis look like at this time? 2. McDonalds in the Skinner years (c, 2003) a. Had the value proposition changed? b. How does a SWOT analysis look different? c. What do those changes suggest about the need to adapt? 3. McDonalds (2017) a. How does a SWOT analysis look different? b. What do those changes suggest about the needing to constantly challenge your value propositions for your targeted markets?

The coronavirus intervened Australia in early 2020.

On 12 May, the Morrison government issued an unprecedented progress report on the delayed budget, outlining the coronavirus pounding to the national economy and the huge outlay to deal with the pandemic.

What were the main issues presented? How do you think they would affect the economy, social and employment situation in the near future?

1. What type of information you would be seeking from a new employer or client, early in the relationship, to establish your understanding of the baseline energy use and management, and business and financial, strengths and weaknesses of the company or organization?
2. What would be your approach to acquiring the information you identified for “item a”, including if an employer or prospective client was reticent or simply unfamiliar with energy management issues.

In contrast to what we were taught about the use of technology and early childhood, your teen seems to find encouragement to use technology from all sides. What are the pros/advantages and cons/risks of allowing your teen access to technology and the internet? How will you monitor or limit your teen's use