Questions
Which of the following is an example of adverse possession? B. Sally owned a one-acre lot...

Which of the following is an example of adverse possession?

B. Sally owned a one-acre lot next to a state park. She decided to donate the lot to the state in order to expand the park. Sally’s children claimed they had a right to the land, not the state.

C. In 2005, Megan fenced off a field belonging to Farmer Giles, put a new lock on the gate leading to the field, built a wooden shed, and grew vegetables on the land. After 10 years, Megan gained title to the land without paying Farmer Giles.

D. Bob needed a place to stay so he broke into an empty house and stayed there for nearly a month until the house owner asked the police to make Bob leave.

A. Years ago, your grandmother bought 10 acres of land, paid the property taxes, and left you the property in her will.

A landowner builds a nine-foot fence topped with barbed wire around his property to keep people out, and posts warning signs on the fence saying “DANGER: Barbed Wire.” A group of graduate students decides to go cow tipping on the landowner’s property. The students climb the fence in the night, and one student suffers injuries from the barbed wire. What duty of care does the landowner owe to the students?

D. No duty because the student trespassed onto the owner’s land

B. A duty not to intentionally injure and to warn about known defects on the property

A. A duty not to intentionally injure the student

C. A duty to inspect the property for defects, correct defects, and warn about defects

Marta places a large, pre-assembled plastic greenhouse in her backyard, with the steel frame bolted into concrete that she poured specially for that purpose. She attaches gas-heating ducts and builds a brick walkway around the greenhouse. Now the town wants to raise her real property taxes, claiming that her property has been improved. Marta argues that the greenhouse is not real property. Is it?

E. The greenhouse is an easement and is part of the real property.

C. The greenhouse cannot be part of the real property if Marta does not own the land.

B. The greenhouse is not part of the real property because it could be removed.

D. The greenhouse is a fixture and is part of the real property.

A. The greenhouse is not part of the real property because it was pre-assembled.

In: Operations Management

On December 31, 2019, Ayayai Inc. borrowed $4,320,000 at 13% payable annually to finance the construction...

On December 31, 2019, Ayayai Inc. borrowed $4,320,000 at 13% payable annually to finance the construction of a new building. In 2020, the company made the following expenditures related to this building: March 1, $518,400; June 1, $864,000; July 1, $2,160,000; December 1, $2,160,000. The building was completed in February 2021. Additional information is provided as follows.
1. Other debt outstanding
10-year, 14% bond, December 31, 2013, interest payable annually $5,760,000
6-year, 11% note, dated December 31, 2017, interest payable annually $2,304,000
2. March 1, 2020, expenditure included land costs of $216,000
3. Interest revenue earned in 2020 $70,560
Determine the amount of interest to be capitalized in 2020 in relation to the construction of the building.
The amount of interest $

SHOW LIST OF ACCOUNTS

Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

December 31, 2020
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In: Accounting

Fill in the blank with a number by the accrual method of accounting based on the...

Fill in the blank with a number by the accrual method of accounting based on the following information about a construction company.

What is the amount of revenues ($) on the income statement of March 31st?

Company's total assets and liabilities by the end of February

  • Total Assets (Cash only): $1,084,009
  • Total Liabilities: $155,823


Construction project

  • Contract terms
    • Duration: 3/1 ~ 12/31
    • Contract amount:
      • $512,936 with the owner
      • $470,443 with the subcontractors including the suppliers
    • Terms of payment:
      • Monthly payment
      • The owner pays the contractor within a month after the contractor bills the owner.
      • The owner holds 10% of each payment to the contractors for retention.
      • The contractor pays the subcontractors within a month after the subcontractors bill the contractor.
      • The contractor holds 10% of each payment to the subcontractors for retention.


Information related to revenues and expenses in the project

  1. 3/1 Project Start
  2. 3/26 The subcontractors billed $43,703 to the contractor.
  3. 3/30 The contractor billed $48,928 to the owner.
  4. 4/20 The owner paid 90% of the amount that the contractor billed in March to the contractor. 10% was held for retention.
  5. 4/20 The contractor paid 90% of the amount that the subcontractors billed in March to the subcontractors. 10% was held for retention.
  6. 4/26 The subcontractors billed $76,007 to the contractor.
  7. 4/30 The contractor billed $86,217 to the owner.

In: Accounting

For this Discussion, you will need to conduct research on capacity and facilities before you can...

For this Discussion, you will need to conduct research on capacity and facilities before you can prepare a complete response to the questions asked. Start this research by reviewing the Web Field Trip resources below.

Web Field Trip

Store design & construction. (2016). Retrieved from http://supermarketnews.com/news/store-design-construction

Phillips, T. (2016). Phillips enterprises, Inc. Food market designs. Retrieved from http://www.foodmarketdesigns.com

How to Layout Your Supermarket

Be sure each of the questions below is addressed. Address each question individually and be careful not to combine your questions and answers:

A. Identify a supermarket/grocery market to discuss for this Discussion topic.

B. What departments within the market tend to be co-located (adjacent to one another)? Do you believe the co-location is planned? If so, why?

C. What departments within the market tend to be distant from one another? What purpose is accomplished by separating these departments so far apart from each other?

D. Why is the layout of the supermarket so important to the overall delivery of the products and services provided?

E. What recommendations would you make to the layout of the supermarket to make the layout more effective or efficient?

Please provide this ASAP.

Thanks

In: Operations Management

Assume that you recently graduated from ADU’s MHA program and landed a job as an assistant...

Assume that you recently graduated from ADU’s MHA program and landed a job as an assistant financial officer with the Cleveland Clinic. The clinic has $100,000 sitting in a checking account. The funds were designated by the board for the construction of a proton therapy facility. Construction of the facility will start one year from now. Your first assignment is to invest the $100,000 with the understanding that you need to plan for a one-year holding period because the funds must be available when construction begins in one year. Further, your boss has restricted you to the following investment alternatives, shown with their probabilities and associated outcomes.                 

State of Economy

Probability

T-Bills

Alta Inds.

Repo Men

American Foam

Market Port.

Recession

0.1

8.00%

-22.0%

28.0%

10.0%

-13.0%

Below Average

0.2

8.00%

-2.0%

14.7%

-10.0%

1.0%

Average

0.4

8.00%

20.0%

0.0%

7.0%

15.0%

Above Average

0.2

8.00%

35.0%

-10.0%

45.0%

29.0%

Boom

0.1

8.00%

50.0%

-20.0%

30.0%

43.0%

Barney Smith Investment Advisors recently issued estimates for the state of the economy and the rate of return on each state of the economy. Alta Industries, Inc. is an electronics firm; Repo Men Inc. collects past due debts; and American Foam manufactures mattresses and various other foam products. Barney Smith also maintains an "index fund" which owns a market-weighted fraction of all publicly traded stocks; you can invest in that fund and thus obtain average stock market results. Given the situation as described, answer the following questions.                  

a. Calculate the expected rate of return on each alternative.

b. Calculate the standard deviation of returns on each alternative.

c. Calculate the coefficient of variation on each alternative.

d. Calculate the beta on each alternative.

g. Suppose you create a two-stock portfolio by investing $50,000 in Alta Industries and $50,000 in Repo    Men. Calculate the expected return, standard deviation, coefficient of variation, and beta for this    portfolio. How does the risk of this two-stock portfolio compare with the risk of the individual stocks if they were held in isolation?

In: Finance

Please I need it urgently “Hassen Constructions SAOG”, the company is situated in Al Khuwair. The...

Please I need it urgently

  1. “Hassen Constructions SAOG”, the company is situated in Al Khuwair. The organization is specialised in the manufacturing of building materials that are used in construction sites.

Currently the company’s capital structure (total capital) is ungeared. However, the owners of Hassen constructions is planning to change their capital structure into a leverage (geared) capital structure as they believe having a debt component in its capital structure will be beneficial to the organization.

The company total capital is RO 300 million which is an equity-based capital structure. The company has two share buyback options available to move into a leverage(geared) capital structure.

Option 1

The company has an option in converting 30% of its equity capital to debt capital at an interest rate of 7%.

Option 2

The company has an option of converting 50% of its equity capital to debt capital at an interest rate of 7.5%

To evaluate the impact on the alternative policies the financial accountant of the company has presented the following data to evaluate the impact on ROE in the current capital structure and the above two given options.

The financial accountant believes that based on the sales forecast the sales could be either weak, average or strong. The probability for the market to be weak is 0.3, average 0.5 and strong 0.2.

The profits before interest and tax (PBIT) , if the market is considered to be weak is RO 30 million, if the market is average the PBIT is 50% greater than the market is weak and if the market is considered to be strong it is 75% greater than if the market is average.

The current applicable tax rate is 25%

Required:

  1. Calculate expected annual return on equity (ROE) under each option (the current, option I and option II)
  2. Calculate expected average annual return on equity (ROE) considering all options together.
  3. Evaluate the benefits and drawbacks of Hassen constructions in to changing their capital structure from and equity based to leverage. And, advise which of the three options (current or option I or option II) that Hassan Construction SAOG should go for under a normal situation? And substantiate your advice with suitable reasons.

d. Evaluate the factors that Hassen construction should consider when evaluating its capital structure policy.                                    

In: Accounting

6.1 A statute gives the Department of the Interior the power to allow or to curtail...

6.1 A statute gives the Department of the Interior the power to allow or to curtail mining within the national forests “as the best interests of all users of the national forest shall dictate.” Is this a valid delegation of legislative power to the agency, or is it too broad a delegation of power? 8.1 Before deciding which remedies are available under Article 2 of the UCC, one must first determine whether the transaction involved the sale of goods. Consider the following fact patterns. A. Tanzer entered into a contract with Audio Visual Artistry to install a “smart home” system in Tanzer’s house, which was under construction. The contract included expert installation services for a custom home theatre, lighting, music, and phone system. Was the contract for a sale of goods or services? [Audio Visual Artistry v. Tanzer, 403 S.W.3d 789 (Tenn. Ct. App. 2012).] B. Wachter, a construction company, entered into a contract to purchase an accounting and project management software package from DCI, a company that develops, markets, and supports software for construction companies. The package included “installation of the software, a full year of maintenance, and a training and consulting package.” Was the contract for a sale of goods or services? [Wachter Management Co. v. Dexter & Chaney, Inc., 144 P.3d 747 (Kan. 2006).] C. A customer sued a New York restaurant for breach of warranty after a glass of water allegedly exploded in his hand during the course of a meal. Does the claim involve the sale of goods? [Gunning ex rel. Gunning v. Small Feast Caterers, Inc., 777 N.Y.S.2d 268 (N.Y. Sup. 2004).] D . Brenda Brandt underwent an operation at the Sarah Bush Lincoln Health Center to implant a ProtoGen Sling to resolve her urinary incontinence. Instead of solving the problem, the sling resulted in serious complications and was subsequently removed. After the device was recalled by its manufacturer, Brandt sued the Health Center for breach of warranty. Does the claim involve the sale of goods or services? [Brandt v. Boston Scientific Corp., 792 N.E.2d 296 (Ill. 2003).

In: Accounting

“Hassen Constructions SAOG”, the company is situated in Al Khuwair. The organization is specialised in the...

  1. “Hassen Constructions SAOG”, the company is situated in Al Khuwair. The organization is specialised in the manufacturing of building materials that are used in construction sites.

Currently the company’s capital structure (total capital) is ungeared. However, the owners of Hassen constructions is planning to change their capital structure into a leverage (geared) capital structure as they believe having a debt component in its capital structure will be beneficial to the organization.

The company total capital is RO 300 million which is an equity-based capital structure. The company has two share buyback options available to move into a leverage(geared) capital structure.

Option 1

The company has an option in converting 30% of its equity capital to debt capital at an interest rate of 7%.

Option 2

The company has an option of converting 50% of its equity capital to debt capital at an interest rate of 7.5%

To evaluate the impact on the alternative policies the financial accountant of the company has presented the following data to evaluate the impact on ROE in the current capital structure and the above two given options.

The financial accountant believes that based on the sales forecast the sales could be either weak, average or strong. The probability for the market to be weak is 0.3, average 0.5 and strong 0.2.

The profits before interest and tax (PBIT) , if the market is considered to be weak is RO 30 million, if the market is average the PBIT is 50% greater than the market is weak and if the market is considered to be strong it is 75% greater than if the market is average.

The current applicable tax rate is 25%

Required:

  1. Calculate expected annual return on equity (ROE) under each option (the current, option I and option II)
  2. Calculate expected average annual return on equity (ROE) considering all options together.
  3. Evaluate the benefits and drawbacks of Hassen constructions in to changing their capital structure from and equity based to leverage. And, advise which of the three options (current or option I or option II) that Hassan Construction SAOG should go for under a normal situation? And substantiate your advice with suitable reasons.

Evaluate the factors that Hassen construction should consider when evaluating its capital structure policy.

In: Accounting

1. Circle: Implement a Java class with the name Circle. It should be in the package...

1. Circle:

Implement a Java class with the name Circle. It should be in the package edu.gcccd.csis.

The class has two private instance variables: radius (of the type double) and color (of the type String).

The class also has a private static variable: numOfCircles (of the type long) which at all times will keep track of the number of Circle objects that were instantiated.

Construction:

A constructor that constructs a circle with the given color and sets the radius to a default value of 1.0.

A constructor that constructs a circle with the given, radius and color.

Once constructed, the value of the radius must be immutable (cannot be allowed to be modified)

Behaviors:

Accessor and Mutator aka Getter and Setter for the color attribute

Accessor for the radius.

getArea() and getCircumference() methods, hat return the area and circumference of this Circle in double.

Hint: use Math.PI (https://docs.oracle.com/javase/8/docs/api/java/lang/Math.html#PI (Links to an external site.))

2. Rectangle:

Implement a Java class with the name Rectangle. It should be in the package edu.gcccd.csis.

The class has two private instance variables: width and height (of the type double)

The class also has a private static variable: numOfRectangles (of the type long) which at all times will keep track of the number of Rectangle objects that were instantiated.

Construction:

A constructor that constructs a Rectangle with the given width and height.

A default constructor.

Behaviors:

Accessor and Mutator aka Getter and Setter for both member variables.

getArea() and getCircumference() methods, that return the area and circumference of this Rectangle in double.

a boolean method isSquare(), that returns true is this Rectangle is a square.

Hint: read the first 10 pages of Chapter 5 in your text.

3. Container

Implement a Java class with the name Container. It should be in the package edu.gcccd.csis.

The class has two private instance variables: rectangle of type Rectangle and circle of type Circle.

Construction:

No explicit constructors.

Behaviors:

Accessor and Mutator aka Getter and Setter for both member variables.

an integer method size(), that returns 0, if all member variables are null, 1 either of the two member variables contains a value other than null, and 2, if both, the rectangle and circle contain values other than null.

In: Computer Science

Patient A - has been seen in clinic often. Does not have a job or income....

Patient A - has been seen in clinic often. Does not have a job or income. Is on a state-funded medical insurance. Patient B - is a single parent who works two part time jobs to make ends meet. Neither job allows them to qualify for health insurance. Patient states they are concerned about the cost of their visit and the only reason they visited the clinic is because their boss sent them home because of their cough and they were told that they can not return to work without a doctor?s note. - Both patients present to the clinic with a cough, tightness in chest, difficulty breathing and a slight fever. As a healthcare provider you have determined that both patients are experiencing a bout of bronchitis, but there might be an underlying heart condition that has not been previously detected. You notice that there is only a slightly elevated blood pressure, but patient does have a high BMI that registers near obese levels. Both patients might also be pre-type II diabetic based on age and weight, but further testing would be needed to confirm. 1. Address the following questions in your post and response posts: A. Would both of these patients receive the same level of treatment? B. Would both patients receive the same testing? C. Do you think it is important to know the patient?s financial and insurance status prior to treatment and examination?

In: Nursing