Questions
While globalization is sometimes referred to as westernization, there is some thought to the idea that...

While globalization is sometimes referred to as westernization, there is some thought to the idea that it is mostly Americanization. Discuss and analyze the spread of the American political and economic model. Provide examples of countries where you feel it has been welcomed and successful and why and countries where it has not and why not.

In: Operations Management

Warren and Erika paid $9,300 in qualified expenses for their son, Cash, to attend the University...

Warren and Erika paid $9,300 in qualified expenses for their son, Cash, to attend the University of Washington. Cash is in his first year of college and attended full-time. How much is Warren and Erik's American opportunity tax credit, without regard to any AGI limitation?

In: Accounting

Many American businesses that use corporate structures choose to incorporate in Delaware even if they are...

Many American businesses that use corporate structures choose to incorporate in Delaware even if they are physically based in another state. Legally, why might a business from, say, New York choose to be a Delaware corporation rather than just a New York Corporation? Explain.

In: Finance

A number of people (including the President) have been concerned about the value of the dollar...

A number of people (including the President) have been concerned about the value of the dollar as it affects our international competitiveness. On the other hand the value of the dollar obviously also affects the purchasing power of American consumers.

In what sense are these interests in conflict? Which is more important?

In: Finance

Describe the ways the United States adapted to change and the expectations that came with being...

Describe the ways the United States adapted to change and the expectations that came with being a superpower during the Cold War. What was the biggest challenge that the United States had to overcome with the rising pressure of Communism, & how did the changing national interests impact American perspectives on society?

In: Psychology

American giant automobile manufacturer, General Motors (GM), recently announced their intention to lay off 4000 workers...

American giant automobile manufacturer, General Motors (GM), recently announced their intention to lay off 4000 workers and implement other strategies in order to restructure their business operations.
a. What factors/conditions led General Motors to this decision to layoff in excess of 4000 workers?

In: Operations Management

Asian Americans have been known by the "label" as the Model Minority as they have seemed...

Asian Americans have been known by the "label" as the Model Minority as they have seemed to blend into American society very well. However, is this true, or is this a myth?

http://www.asian-nation.org/model-minority.shtml

http://www.nais.org/Magazines-Newsletters/ISMagazine/Pages/The-Model-Minority-Myth.aspx

In: Psychology

The heights of all adult American women are normally distributed with a mean of 63.6 inches...

The heights of all adult American women are normally distributed with a mean of 63.6 inches and a standard deviation of 5 inches. Give the standard (z) score and approximate percentile (from the tables) for women with each of the following heights:

  1. 63 inches
  1. 60 inches

  1. 62.5 inches

In: Math

American Food Services, Inc. leased a packaging machine from Barton and Barton Corporation. Barton and Barton...

American Food Services, Inc. leased a packaging machine from Barton and Barton Corporation. Barton and Barton completed construction of the machine on January 1, 2021. The lease agreement for the $5.9 million (fair value and present value of the lease payments) machine specified four equal payments at the end of each year. The useful life of the machine was expected to be five years with no residual value. Barton and Barton’s implicit interest rate was 9%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1. Prepare the journal entry for American Food Services at the beginning of the lease on January 1, 2021.
2. Prepare an amortization schedule for the four-year term of the lease.
3. & 4. Prepare the appropriate entries related to the lease on December 31, 2021 and 2023.

In: Accounting

Griffin Shoe Company records Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts as contra-revenues....

Griffin Shoe Company records Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts as contra-revenues.

July 12 Sold merchandise to customer at factory store who charged the $300 purchase on her American Express card. American Express charges a 2 percent credit card fee. Cost of goods sold was $175.

July 15 Sold merchandise to Customer T at an invoice price of $5,400; terms 1/10, n/30. Cost of goods sold was $2,700.

July 20 Collected cash due from Customer T.

July 21 Before paying for the order, a customer returned shoes with an invoice price of $1,200; cost of goods sold was $720.

Complete the following table by entering the amounts of the effects of each transaction, including the related cost of goods sold. (Indicate decreases with a minus sign.)

In: Accounting