Questions
Metlock Corporation has pretax financial income (or loss) equal to taxable income (or loss) from 2009...

Metlock Corporation has pretax financial income (or loss) equal to taxable income (or loss) from 2009 through 2017 as follows: Income (Loss) Tax Rate 2009 $41,760 30 % 2010 57,600 30 % 2011 24,480 35 % 2012 69,120 50 % 2013 (216,000 ) 40 % 2014 129,600 40 % 2015 43,200 40 % 2016 151,200 40 % 2017 (86,400 ) 45 % Pretax financial income (loss) and taxable income (loss) were the same for all years since Metlock has been in business. Assume the carryback provision is employed for net operating losses. In recording the benefits of a loss carryforward, assume that it is more likely than not that the related benefits will be realized. What entries for income taxes should be recorded for 2013? (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.) Account Titles and Explanation Debit Credit (To record carryback.) (To record carryforward.) Indicate what the income tax expense portion of the income statement for 2013 should look like. Assume all income (loss) relates to continuing operations. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) What entry for income taxes should be recorded in 2014? (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.) How should the income tax expense section of the income statement for 2014 appear? (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) What entry for income taxes should be recorded in 2017? (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.) How should the income tax expense section of the income statement for 2017 appear? (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

In: Accounting

Your company’s current pay structure was developed using the point-factor method in conjunction with market review...

Your company’s current pay structure was developed using the point-factor method in conjunction with market review data. Following the lead of other companies in the industry, however, your CEO proposes that she would like to overhaul the current pay structure by using market pricing exclusively. Recall from this chapter that market pricing refers to the process of basing a pay structure (almost) entirely off of competitors’ pay practices. The CEO declares that the overhauled pay structure will do a better job at attracting and retaining top talent, as pay will match or exceed that of competitors.

You are the vice president of HR at the company, and the CEO values your opinion on HR-related topics and issues. The CEO has asked you to evaluate her proposal and provide her with feedback.

Should the organization overhaul the current pay structure using market pricing? Evaluate this decision using the following criteria.

Please provide the rationale for your answer to each of the questions below.

Is market pricing legal, ethical, and fair?

Is it evidence based/evidence informed?

Does it foster healthy employee–employer relationships?

Is it time and cost effective?

Does it take a systematic stakeholder perspective?

Considering your analysis above, overall, do you think this would be an effective decision? Why or why not?

What, if anything, do you think should be done differently or considered to help make this decision more effective?

In: Operations Management

2. When 1-methylcyclopentane (below) is treated with bromine in the presence of light, two and only...

2. When 1-methylcyclopentane (below) is treated with bromine in the presence of light, two and only two structural isomers are obtained; one is about 90% of the product mixture and the other about 10%. (Ignore sterochemistry for this problem)

a. Draw the major and minor isomers.

b.Provide a complete and detailed mechanism for the formation of the major product. Label each step. Be sure to use proper mechanism arrows!

c. Why are there only two products formed? Explain your answer with a drawing.

In: Chemistry

Describe three strategies that actively involve a person to self-manage their chronic disease. chronic disease being...

Describe three strategies that actively involve a person to self-manage their chronic disease.
chronic disease being Pneumonia

In: Nursing

You and two friends are on a game show. Each of you enters the studio with...

You and two friends are on a game show. Each of you enters the studio with a hat on your head. There are two colors of hats: red and blue. They are assigned randomly, so each person has a 50% chance of a red hat and a 50% chance of a blue hat. Each person can see the hats of the two other people, but they can't see their own hat. Each person can either try to guess the color of his or her own hat or pass. All three of you do it simultaneously, so there is no way to base your guess on the guesses of your friends. If nobody guesses incorrectly and at least one person guesses correctly, then you all share a big prize. Otherwise you all lose. If everybody randomly guesses and nobody passes what is the probability that you will win?

Since you are all friends, and you all know how the game works, you develop a strategy with your friends before the show to maximise your probability of winning. (Note: if your strategy requires a particular person to speak regardless of what hat colours you all see then that person is you. In cases where both colours are equally attractive then you will pick red.)
When you walk onto the stage you can see that both of your friends have blue hats on.
What colour should you guess?
(a) Red (b) Blue (c) Stay silent

When you walk onto the stage you can see that one of your friends has a red hat on and the other friend has a blue hat on. What colour should you guess? (
a) Red (b) Blue (c) Stay Silent
What is the probability that you will win using the best strategy?

In: Math

At December 31, 2018, the financial statements of Hollingsworth Industries included the following: Net income for...

At December 31, 2018, the financial statements of Hollingsworth Industries included the following:

Net income for 2018 $ 620 million
Bonds payable, 10%, convertible into 50 million shares of common stock $ 500 million
Common stock:
Shares outstanding on January 1 600 million
Treasury shares purchased for cash on September 1 36 million


Additional data:
The bonds payable were issued at par in 2016. The tax rate for 2018 was 40%.

Required:
Compute basic and diluted EPS for the year ended December 31, 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
  

Numerator / Denominator = Earnings per share
Basic / =
Diluted / =

In: Accounting

Maggie bought a house which was quite a dump in 1989 for $75,000. She fixed it...

Maggie bought a house which was quite a dump in 1989 for $75,000. She fixed it up with paint and wallpaper but in 1996 she did a major renovation which cost $50,000. In 1993, she bought a dump of a cottage for $35,000 because it was both on a lake and near some good cross-country ski trails. She winterized it immediately for $10,000. Over time, the dumpy cottage has become quite attractive with the addition of a new roof, siding, windows and doors all of which cost $15,000 in 1995. In addition, she is fond of landscaping and has created quite a beautiful garden. I might add that Maggie has only $40,000 in RRSPs since she prefers to sink her money into her living space.

In July 2006, Maggie lost her job and received $60,000 in severance pay. She put as much as she could into her RRSP (included in the $40,000 above) and put the rest in GICs to help finance her plan. Maggie had been taking courses for several years to become a Master Gardener.

When she lost her job, she decided to live out her dream of having a gardening business where she would design gardens for others with cottages near her and maintain them if they needed it because they mostly come to their cottages on the weekend to relax. In the winter, she will keep the lanes clear (with her snow blower) and check up on the cottages now and again. She gave her corporate clothes to her friend Kate with the proviso that she could stay with her when she comes to the City (which won’t be often because she is very fed up).

When she lost her job, she immediately started renting out the house for $1,600 a month plus utilities. She still has to pay the $2,400 a year taxes and maintenance but figures the house will be her retirement fund. When she started renting out the house, it immediately ceased to be her principal residence – her cottage is now her principal residence. In July 2006, her house was worth $300,000 and the cottage is worth $140,000.

Questions:

a.     Maggie’s house increases in value at about 3% a year from 2006 and she sells it in 2017. How much is her taxable capital gain on the house ignoring real estate commissions?

b.    Maggie’s cottage also increases 3% a year in value. If she also sells it in 2017 in order to buy a bed and breakfast, how much is her taxable capital gain?

In: Accounting

Is the "gas" of free electrons in a metall all electrons in the metall? If not,...

Is the "gas" of free electrons in a metall all electrons in the metall? If not, which ones are in the "gas"?

In: Physics

The Fried Company has assembled the accompanying balance sheets and income statement and reconciliation of retained...

The Fried Company has assembled the accompanying balance sheets and income statement and reconciliation of retained earnings for 2018. Fried Co. Balance Sheets as of December 31 (in millions) 2018 2017

2018 2017
Assets:
Cash 10 25
Accounts-receivable 40 28
Inventory 70 50
Prepaid-general-expenses 4 3
Plant-assets,net 202 150
326 256
Liabilities-and-Shareholders’-Equity:
Accounts-payable-for-merchandise 74 60
Accrued-tax-payable 3 2
Long-term-debt 50 --
Capital-stock 100 100
Retained-earnings 99 94
326 256
Sales 250
Less-cost-of-goods-sold:
Inventory,December-31,2017 50
Purchases 160
Cost-of-goods-available-for-sale 210
Inventory,December-31,2018 70 140
Gross-profit 110
Less-other-expenses:
General-expense 51
Depreciation 40
Taxes 10 101
Net-income 9
Dividends 4
Net-income-of-the-period-retained 5
Retained-earnings,December-31,2017 94
Retained-earnings,December-31,2018 99

On December 30, 2018, Fried paid $98 million in cash to acquire a new plant to expand operations. This was partly financed by an issue of long-term debt for $50 million. Some plant assets were sold for their book value of $6 million during 2018. Because net income was $9 million, the highest in the company’s history, Naftali Fried, the chief executive officer, was distressed by the company’s extremely low cash balance.

Required: a. Prepare a statement of cash flows using the direct method for reporting cash flows from operating activities. Do not forget to prepare a schedule that reconciles net income to net cash provided by operating activities. b. What is revealed by the statement of cash flows? Does it help you reduce Mr. Fried’s distress? Why? Briefly explain to Mr. Fried why cash has decreased even though net income was $9 million.

In: Accounting

Find Consider the following context-free grammar G: S --> T#T T --> C A --> aA...

Find Consider the following context-free grammar G:
S --> T#T
T --> C
A --> aA | epsilon
B --> bB | epsilon
C --> cC
C --> c
a) Give the set of unproductive symbols in G?
b) Give an equivalent grammar without useless symbols.

In: Computer Science

Fewer families than in our history fit the traditional expectations where mom stays at home to...

Fewer families than in our history fit the traditional expectations where mom stays at home to take care of the children and dad works. In your paragraphs please address the following questions:

In American today, what are the social and economic forces that influence the structure of families?

What does divorce look like during middle age?

What are some of the themes and variations in blended families?

Your answer should be a minimum of 5 paragraphs in length. Be sure to use your own words and cite your source. Spelling and grammar matters, so proofread before you post.

In: Psychology

compare and contrast the intercultural communication business practices of Spain based on their passport documents.

compare and contrast the intercultural communication business practices of Spain based on their passport documents.

In: Operations Management

Alice is moving wit 0.8c towards a mirror. She sends a light pulse towards the mirror...

  1. Alice is moving wit 0.8c towards a mirror. She sends a light pulse towards the mirror when she is at a distance L from the mirror. Bob is at rest with respect to the mirror and is observing this experiment. After how long will Alice receive the reflected pulse, as measured by Alice and Bob?

In: Physics

(JAVA) Balanced Class diagram: Balanced + swing(int[] a) : boolean For this exercise, you will have...

(JAVA)

Balanced

Class diagram:

Balanced

+ swing(int[] a) : boolean


For this exercise, you will have to implement the class diagram above. Basically, the objective of this exercise is to develop the class and the previous method, in such a way that it tells us if an array is balanced or not.

We say that an array is balanced if the sum of the elements belonging to the first half of the array (not including the element in the middle), and the sum of the elements belonging to the second half of the array (not including the element in the middle) They are equal.

Example 1: the balance method receives the array [1,2,3,4,2]

The method returns false

Example 2: the balance method receives the array [1,2,78,3,0]

The method returns true

TIP: for this exercise, ONLY odd arrangements will be made.

In: Computer Science

A 21500 kg jet airplane is flying through some high winds. At some point in time,...

A 21500 kg jet airplane is flying through some high winds. At some point in time, the airplane is pointing due north, while the wind is blowing from the north and east. If the force on the plane from the jet engines is 35500 N due north, and the force from the wind is 14700 N in a direction 75.0° south of west, what will be the magnitude and direction of the plane's acceleration at that moment? Enter the direction of the acceleration as an angle measured from due west (positive for clockwise, negative for counterclockwise).

In: Physics