On January 1, 2021, Cullumber Company, a public company, purchased 30% of the common shares of Triple Titanium Inc. for $500,000. The remaining shares (70%) are held by the family members of the company’s founder. Cullumber considers this a strategic investment and a critical step into developing consumer markets. Triple Titanium is currently a supplier to Cullumber. Cullumber placed two members on the 10-person board of directors of Triple Titanium and the two members believe they have been influential on the board through the year. Cullumber and Triple Titanium both have December 31 year ends.

During 2021, Triple Titanium reported profit of $230,000 and paid total dividends of $85,000.

1)

Prepare the following journal entries for Cullumber, assuming significant influence does exist. (Credit account titles are automatically indented when the 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.)

2)

During 2022, Triple Titanium reports profit of $220,000 and pays total dividends of $70,000.

Prepare the required journal entries related to these transactions on Cullumber’s books. (Credit account titles are automatically indented when the 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.)

3)

Determine the balance in the investment account on December 31, 2021, and December 31, 2022.

4) Show how the investment account and related revenue accounts would be reported on the financial statements for December 31, 2021.

In not more than thousand (100) words write an essay on the topic “ the impact of the covid19 pandemic on university in Ghana .

How is the transfer to another university going after the second year? what are the requirements? how to enter the budget?

1. How is the transfer to another university going after the second year? what are the requirements? how to enter the budget?

Elaborate on how AOU Arab Open University could use the concepts in the balanced scorecard. (220 words)

1. Ethics Issue #1: A young woman recently certified and employed as a medical assistant was well-groomed and knowledgeable when she appeared for her employment interview. Immediately after the woman began work, she changed her appearance markedly. During her first on the job, she reported for work with bright blue streaks in her hair, which had been cut from shoulder length to very short. In addition, she now had eye brow stud, a nose stud, and a butterfly tattoo on her neck. The supervisor who had interviewed and hired the woman was appalled. • In your opinion, what should the supervisor do because she was obviously not pleased with the changes in her new hire? • Should the medical assistant have changed her appearance in this way? Why or why not? • In the supervisor’s place, what would you say to the medical assistant?

Problem 4: Teen smoking

According to a report published by the Centers for Disease Control and Prevention, about 20 percent of high school students currently use a tobacco product. This number of down from 23 percent in 2014. (https://www.cdc.gov/tobacco/data_statistics/fact_sheets/youth_data/tobacco_use/index.htm). We would like to conduct a study to evaluate high school students’ attitudes toward scenes of smoking in the movies. Suppose you randomly select students to survey them on their opinion about this question.

a) What is the probability that none of the first 4 students you interview is a smoker? (1 point)

b) What is the probability that there are no more than two smokers among 10 students you randomly choose? (2 points)

c) What is the probability that exactly 3 out of a new sample of 10 students do not smoke? (1 point)

Write a draft on perfect pitch about 60-90 second pitch on why you would be a great hire for a Toast Sales Position. This is YOUR pitch so it should be personal, and unique, to you. The best pitches are those that could not be delivered by anyone else. Some focus on a story from your past, some focus on skills or abilities that you've developed.

No matter the approach, they all include the following steps to write the pitch: 1) Grab the audience attention (a rhetorical question, a story, a vivid description); 2) Provide Evidence for claims and statements (give examples of times you worked hard, or abilities you have, or include numbers to show successes); 3) Connect the pitch to TOAST (why is this relevant to Toast/Sales Job); 4) Close the Sale (ask for a interview, ask who to call, ask when you start).

The table below shows the information for exchange rates, interest rates and inflation rates in the US and Germany. Answer the following questions

Current spot rate: $1.35/€

One-year forward rate: $1.30/€ Interest rate in the US: 4%

Interest rate in Germany: 5% Inflation rate in the US: 3% Inflation rate in Germany: 3.5%

(a) If you borrowed $1,000 for 1 year, how much money would you owe at maturity? (2 mark)

(b) Find the 1-year forward exchange rate in $ per € that satisfies IRP from the perspective of a customer that borrowed $1000 traded for € at the spot and invested in Germany. (c) There is one profitable arbitrage at these prices. How to conduct the covered interest arbitrage if you can either borrow $1000 in the US or €1000 in Germany? What would be the profit?

(d) Explain how the IRP will be restored as a result of covered arbitrage activities. (e) A fund manager uses the concepts of purchasing power parity (PPP) to forecast spot exchange rates using the financial information. Calculate the future euro spot rate in dollar after one year that would be forecast by relative PPP.