“Marriott International announced in November 2018 that attackers had stolen data

on approximately 500 million customers. The breach initially occurred on systems

supporting Starwood hotel brands starting in 2014. The attackers remained in the

system after Marriott acquired Starwood in 2016 and were not discovered

until September 2018.”(sourced from a published report)

Referring to the case given, list and explain 2 steps that can help prevent data breach like this.

The financial statements of Friendly Fashions include the following selected data (in millions):
  

Required:

Calculate the following ratios for Friendly Fashions in 2018

Return on equity, Dividend yield,earnings per share,Price earnings ratio

The financial statements of Friendly Fashions include the following selected data (in millions):
  

Required:

Calculate the following ratios for Friendly Fashions in 2018

Return on equity, Dividend yield,earnings per share,Price earnings ratio

Auerbach Inc. issued 5% bonds on October 1, 2018. The bonds have a maturity date of September 30, 2028 and a face value of $2,000,000. The bonds pay interest each March 31 and September 30, starting on 3/31/19 and finishing at maturity. The effective interest rate established by the market is 6% annually at the date of issue. How much did Auerbach receive from the bond issue on 10/1/2018?

The Millicent Trust reports 2018 gross rent income of $200,000, expenses attributable to the rents of $110,200 and tax-exempt interest from state bonds of $10,000. Under the trust agreement, the trustee is to pay 15% of the annual trust accounting income to the Salvation Army, a qualifying charitable organization. If required, round any division to two decimal places. Round your final answer to the nearest dollar. The charitable contribution deduction allowed for 2018 is ?

On January 1, 2016, Domino Incorporated provides a loan to Jon Jon Associates in return for a $5,000,000, 3 year, 5% interest note maturing on December 31, 2018.      The normal borrowing rate for Jon Jon is 8%.

1.       Prepare the journal entry to record the note receivable

2. Prepare an amortization table using the effective interest method

3. Prepare the journal entries to record the interest revenue in 2016, 2017, & 2018 for Domino

3. The FED is worried that the value of the U.S. dollar will continue to rise relative to the EU euro in 2018. So it is looking to reduce interest rates.

a. Explain what actions it is likely to take using macroeconomic measurements and models and analyze what is likely to happen to U.S. GDP and inflation.

b. Use macro models and macro movement sequences to explain two “risks” to the U.S. economy that could hamper the effectiveness of the monetary policy in 2018-2019.

“Marriott International announced in November 2018 that attackers had stolen data on approximately 500 million customers. The breach initially occurred on systems supporting Starwood hotel brands starting in 2014. The attackers remained in the system after Marriott acquired Starwood in 2016 and were not discovered until September 2018.”(sourced from a published report) Referring to the case given, list and explain 2 steps that can help prevent data breach like this.

Presented below is income statement information of the Schefter Corporation for the year ended December 31, 2018. Sales revenue $ 512,000 Salaries expense 82,800 Interest revenue 6,800 Advertising expense 11,500 Gain on sale of investments 9,200 Cost of goods sold 281,600 Insurance expense 14,300 Interest expense 3,900 Income tax expense 41,000 Depreciation expense 24,000 Required: Prepare the necessary closing entries at December 31, 2018