What characteristics of a family environment reinforce traditional and nontraditional gender roles?
In: Psychology
Besserbrau AG is a German beer producer headquartered in Ergersheim, Bavaria. The company, which was founded in 1842 by brothers Hans and Franz Besser, is publicly traded, with shares listed on the Frankfurt Stock Exchange. Manufactur- ing in strict accordance with the almost 500-year-old German Beer Purity Law, Besserbrau uses only four ingredients in making its products: malt, hops, yeast, and water. While the other ingredients are obtained locally, Besserbrau imports hops from a company located in the Czech Republic. Czech hops are considered to be among the world’s finest. Historically, Besserbrau’s products were marketed exclusively in Germany. To take advantage of a potentially enormous market for its products and expand sales, Besserbrau began making sales in the People’s Republic of China three years ago. The company established a wholly owned sub- sidiary in China (BB Pijio) to handle the distribution of Besserbrau products in that country. In the most recent year, sales to BB Pijio accounted for 20 percent of Besserbrau’s sales, and BB Pijio’s sales to customers in China accounted for 10 per- cent of the Besserbrau Group’s total profits. In fact, sales of Besserbrau products in China have expanded so rapidly and the potential for continued sales growth is so great that the company recently broke ground on the construction of a brewery in Shanghai, China. To finance construction of the new facility, Besserbrau negotiated a listing of its shares on the London Stock Exchange to facilitate an initial public offering of new shares of stock.
Required: Discuss the various international accounting issues confronted by Besserbrau AG.
In: Accounting
Consider the following questions and a student's response to
each question (shown in italics). In each case, determine if the
student's answer is true or false.
Explain the reasons that the distance curve has the shape it
does.
The distance curve is an increasing curved line because the object is accelerating.
TrueFalse
The velocity curve is an increasing straight line. What does this
mean?
The velocity curve is a straight line because the object is moving with constant speed.
TrueFalse
Calculate the slope of the velocity curve. Do you recognize what
this is?
The slope of the velocity curve is the acceleration of the object and I calculated a slope of about 4.9 m/s2.
TrueFalse
The acceleration curve is a horizontal straight line. What does
this mean?
The acceleration curve is a horizontal line because the acceleration of the object does not change with time.
TrueFalse
Q2. A ball is released from the top of a cliff; it hits the ground 3.5 seconds later. Assuming the ball is a free falling object, how many meters is the cliff above the ground below? (Use
g = 9.8 m/s2.
Express your answer to one decimal point.)
Q3. The velocity vs. time curve of an object is an increasing straight line. You observe that when the time is 1 second, the velocity is equal to 4 m/s, and when the time is 4 seconds, the velocity is 28 m/s.What is the acceleration of the object? (Express your answer to one decimal point.)
Q4. What is the magnitude of the acceleration of a modified Atwood machine if the mass of the cart is 8 kg and the hanging mass is 10 kg? (Use
g = 9.8 m/s2.
Express your answer to one decimal point.
Q5 In a completely frictionless Newton's Cradle toy, the change in speed of the balls coming in and those going out is zero. This is because the net force at the time of the collisions is equal to the weight of the number of balls interacting.
TrueFalse
In: Physics
In: Accounting
Cytoskeletal elements are found in
a. Eukaryotes
b. Archaea
c. Yeast
d. Prokaryotes
e. All of the above
In: Biology
The voltage generated by the zinc concentration cell described by Zn(s)|Zn2 (aq, 0.100 M)||Zn2 (aq, ? M)|Zn(s), is 14.0 mV at 25 °C. Calculate the concentration of the Zn2 (aq) ion at the cathode.
In: Chemistry
1. What is the science of Economics? Explain the definition.
2. What kinds of resources do you know? Examples
3. Examples of the capital resources (name as much as you know)
4. What are the sources of income for households?
5. What are the disadvantages of Partnerships?
6. What are the roles of government?
7. The 'law of supply' suggests that …
8. The ‘law of demand’ suggest that …
9. What is GDP? Explain.
10. What is the definition of recession and the signs? Explain.
11. Provide the examples of limitations to the GDP.
12. What is the labor force?
13. What sources of unemployment do you know? Explain briefly their meaning with examples.
14. What is inflation?
15. What are the three main causes of inflation?
16. Name the factors that determine economic growth.
17. What is the multiplier effect? Examples of such a situation.
18. Provide the example of Assets.
19. Provide the example of liabilities
20. What is barter?
21. What are the functions of money?
22. What are the properties of the ideal money?
23. What is check?
24. Explain the structure of the Federal Reserve System
25. What is fiat money?
26. What is the job of the Federal Deposit Insurance Corporation (FDIC)?
27. What are the Fed Goals?
28. What is a subprime mortgage?
29. Name all the elements of M1.
30. Name all the elements of M2
31. What is dollarization?
32. What is currency union?
33. What is asymmetric information?
34. What was the name of the first bankers?
35. Government Stabilizes the Economy through two different tools. What are they?
36. Monetary policy –actions by the Federal Reserve System, and Fiscal policy- Actions by ….
37. What is the discretionary fiscal policy?
38. What is the automatic fiscal policy?
39. What is a budget deficit?
40. National Debt. Who do we owe most of the money? How long can the country run a debt?
41. What is national debt? What do you know about national debt?
42. One of the problem with Fiscal policies is so-called Leg problem. Explain.
43. What are the problems with the federal budget?
44. What did you learn from your term paper?
In: Economics
explain the concept of diversity as it describes the American people, the impact of a more diverse population in the United States as it relates to community health efforts, and the importance of the 1985 landmark report The Secretary’s Task Force Report on Black and Minority Health. Why is this important for you to know in your prospective career field?
In: Psychology
Sales and Production Budgets
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget.
| Rumble | Thunder | ||
| Estimated inventory (units), June 1 | 256 | 69 | |
| Desired inventory (units), June 30 | 294 | 60 | |
| Expected sales volume (units): | |||
| East Region | 2,650 | 2,950 | |
| West Region | 5,750 | 5,000 | |
| Unit sales price | $120 | $215 |
a. Prepare a sales budget.
| Sonic Inc. | |||
| Sales Budget | |||
| For the Month Ending June 30 | |||
Product and Area |
Unit Sales Volume |
Unit Selling Price |
Total Sales |
| Model Rumble: | |||
| East Region | $ | $ | |
| West Region | |||
| Total | $ | ||
| Model Thunder: | |||
| East Region | $ | $ | |
| West Region | |||
| Total | $ | ||
| Total revenue from sales | $ | ||
b. Prepare a production budget.
| Sonic Inc. | ||
| Production Budget | ||
| For the Month Ending June 30 | ||
| Units Model Rumble | Units Model Thunder | |
| Expected units to be sold | ||
| Total units required | ||
| Total units to be produced | ||
In: Accounting
A thin layer of gold can be applied to another material by an electrolytic process. The surface area of an object to be gold plated is 49.9cm2 and the density of gold is 19.3g/cm3. A current of 3.35A is applied to a solution that contains gold in the +3 oxidation state.
Calculate the time (in sec) required to deposit an even layer of gold 1.20
In: Chemistry
Suppose the government sets an effective price floor (that is, a price above equilibrium) in the market for oranges and agrees to buy all oranges that go unsold at that price. The oranges purchased by the government are discarded. Illustrate the number of oranges purchased by the government. Illustrate the gains and losses to all relevant groups of Americans and the deadweight loss.
In: Economics
In: Computer Science
Cissi Jean Oliver opened Cleaning Angels, Inc. on March 31, 2019. During April, the following transactions were completed:
|
Apr 1 |
Issued 5,000 shares of Cleaning Angels common stock for $13,000. Each share has a $1.00 par. |
|
1 |
Borrowed $8,000 on a 2-year, 9% note payable. |
|
1 |
Paid $9,020 to purchase used floor and window cleaning equipment from a company going out of business ($4,820 was for the floor equipment and $4,200 for the window equipment). |
|
1 |
Paid $220 for April Internet and phone service. |
|
1 |
Purchased cleaning supplies for $980 on account. |
|
2 |
Hired 4 employees. Each will be paid $480 per 5-day work week (Monday-Friday). Employees will begin working on Monday, April 08. |
|
2 |
Obtained insurance coverage for $9,840 per year. Coverage runs from April 1, 2019, through March 31, 2020. Cissi Jean paid $2,460 cash for the first quarter of coverage. |
|
2 |
Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Cissi Jean sold the window cleaning equipment for $4,000 cash. |
|
15 |
Billed customers $3,900 for cleaning services performed through April 12, 2019. |
|
15 |
Received $600 from a customer for 4 weeks of cleaning services to begin on April 22, 2019. |
|
18 |
Paid $300 on amount owed on cleaning supplies. |
|
19 |
Paid $3.25 per share to buy 300 shares of Cleaning Angels, Inc common stock from a shareholder who disagreed with management goals. The shares will be held as treasury stock. |
|
22 |
Billed customers $4,300 for cleaning services performed through April 19. |
|
26 |
Paid cash for employees’ wages for 2 weeks (April 8-12 and 15-19). |
|
26 |
Collected $2,500 cash from customers billed on April 15. |
|
29 |
Paid $220 for Internet and phone services for May. |
|
29 |
Declared and paid a cash dividend of $0.10 per share. |
|
30 |
Received notice that a customer who was billed $200 for services performed April 8 has filed for bankruptcy. Cleaning Angels, Inc does not expect to collect any portion of this outstanding receivable. (Cleaning Angels will follow the GAAP Guidelines for uncollectible accounts.) |
Adjusting Data:
A. Services performed for customers through
April 30, 2019, but unbilled and uncollected were $3,800.
B. Cleaning Angels used the allowance method to
estimate bad debts. Cleaning Angels estimates that 3% of its
month-end receivables will not be collected.
C. Record 1 month of depreciation for the floor
equipment. Use the straight-line method, an estimated life of 4
years, and $500 salvage value.
D. Record 1 month of insurance expense.
E. An inventory count shows $500 of supplies on
hand at April 30.
F. One week of services were performed for the
customer who paid in advance on April 15.
G. Accrue for wages owed through April 30,
2019.
H. Accrue for interest expense for 1 month.
I. Cissi Jean estimates a 20% income tax rate.
(Hint: Prepare an income statement up to “income before taxes” to
help with the income tax calculation.)
Instructions:
Possible account titles to use, please:
|
Accounts Payable |
Loss on Disposal of Equipment |
|
Accounts Receivable |
Notes Payable |
|
Allowance for Doubtful Accounts |
Paid in Capital in Excess of Par/Com |
|
Accumulated Depreciation/Building |
Paid in Capital in Excess of Par/Pref |
|
Accumulated Depreciation/Equip |
Preferred Stock |
|
Bad Debt Expense |
Prepaid Insurance |
|
Bonds Payable |
Prepaid Rent |
|
Building |
Prepaid Utilities |
|
Cash |
Rent Expense |
|
Cash Dividends |
Retained Earnings |
|
Common Stock |
Salaries and Wages Expense |
|
Cost of Goods Sold |
Salaries and Wages Payable |
|
Depreciation Expense |
Sales Discounts |
|
Dividends Payable |
Sales Returns and Allowances |
|
Equipment |
Sales Revenue |
|
Gain on Disposal of Equipment |
Selling Expenses |
|
Income Tax Expense |
Service Revenue |
|
Income Tax Payable |
Supplies |
|
Income Summary |
Supplies Expense |
|
Insurance Expense |
Treasury Stock |
|
Interest Expense |
Unearned Service Revenue |
|
Interest Payable |
Utilities Expense |
|
Inventory |
Utilities Payable |
|
Land |
In: Accounting
Sheridan Inc. reported income from continuing operations before
taxes during 2020 of $804,900. Additional transactions occurring in
2020 but not considered in the $804,900 are as follows.
| 1. | The corporation experienced an uninsured flood loss in the amount of $93,900 during the year. | |
| 2. | At the beginning of 2018, the corporation purchased a machine for $70,200 (salvage value of $11,700) that had a useful life of 6 years. The bookkeeper used straight-line depreciation for 2018, 2019, and 2020, but failed to deduct the salvage value in computing the depreciation base. | |
| 3. | Sale of securities held as a part of its portfolio resulted in a loss of $58,400 (pretax). | |
| 4. | When its president died, the corporation realized $159,600 from an insurance policy. The cash surrender value of this policy had been carried on the books as an investment in the amount of $47,530 (the gain is nontaxable). | |
| 5. | The corporation disposed of its recreational division at a loss of $117,100 before taxes. Assume that this transaction meets the criteria for discontinued operations. | |
| 6. | The corporation decided to change its method of inventory pricing from average-cost to the FIFO method. The effect of this change on prior years is to increase 2018 income by $60,600 and decrease 2019 income by $21,510 before taxes. The FIFO method has been used for 2020. The tax rate on these items is 30%. |
Prepare an income statement for the year 2020 starting with income
from continuing operations before taxes. Compute earnings per share
as it should be shown on the face of the income statement. Common
shares outstanding for the year are 108,490 shares. (Assume a tax
rate of 30% on all items, unless indicated otherwise.)
(Round earnings per share to 2 decimal places, e.g.
1.48 and all other answers to 0 decimal places, e.g.
5,275.)
In: Accounting
Develop Process architecture for a fast food restaurant such MacDonalds. (ignore drive thru)
In: Operations Management