Accounting – Bonnie’s Corp & Alvira Co. Accounting – Bonnie’s Corp & Alvira Co. Question Prepare the necessary journal entries from the following information for Bonnie’s Corp which uses a perpetual inventory system.a. Purchased raw material on account, $56,700.b. Requisitioned raw materials for production as follows: direct material 80% ofpurchases; indirect material 15% of purchases:c. Direct Labor wages of $33,100 are accrued as are indirect labor wages of $12,500.d. Overhead incurred and paid for is $66,900e. Overhead is applied to production based on 110 percent of direct labor costf. Additional overhead of $30,000 is applied to production for various jobsg. Goods costing $97,600 were completed during the periodh. Goods costing $51,320 were sold on account for $77,600i. Dispose of overapplied or underapplied overhead (assuming it is immaterial) On April 30, 2010, Alvira Co. had 21,600 units in process that were 85 percent complete as to material, 60 percent complete as to direct labor, and 45 percent complete as to overhead. During May, 561,000 units were started. The 13,700 units in ending inventory were 75 percent complete as to material, 25 percent complete as to direct labor, and 10 percent complete as to overhead. a. Calculate the physical units to account for in May. b. How many units were started and completed during May? c. Determine May’s EUP for each category using the weighted average method. d. Determine May’s EUP for each category using the FIFO method. e. Reconcile your answers to parts (c) and (d).
Alton Corp _Computations of Depreciation Alton Corp _Computations of Depreciation Question On May 1, 2012 Alton Corp purchased mining equipment by issuing an 8 year note with 8% interest and annual payments of $4,600. The first of the 8 pmts was made up front. The mining equipment will be worth $4,200 at the end of the 8 years and sold for that amount. Please calculate depreciation for 2012 and 2013 using straight-line, double-declining balance and sum of the years' digits methods.
general business data bank general business data bank Question 21. Which of the following is a sociocultural factor in the international environment? a. Language b. Exchange rates c. Tariffs, taxes, and quotas d. Per capita income e. Infrastructure ANS: 22. ____ is normally used to classify countries as developed or developing. a. Exchange rates b. Interest rates c. Gross national product d. Per capita income e. Inflation rates ANS: 23. ____ generally are located in Asia, Africa and South America. a. MNCs b. EUs c. LDCs d. WTOs e. MFNs ANS: 24. A country's physical facilities that support economic activities make up its ____. a. resource markets b. infrastructure c. physical markets d. product markets e. plants and equipment ANS: 25. If you built a computer company in Africa and then found that your product was having difficulty being distributed to customers because of the road system, your problem would be related to a. an inadequate infrastructure. b. an economy incapable of supporting growth. c. a poor resource market. d. a poor product market. e. none of these. ANS: 26. Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's a. product market. b. resource market. c. infrastructure. d. economy. e. power distance. ANS: 27. Exchange rates are included in which of the following international environments? a. The legal-political sector b. The economic environment c. The sociocultural environment d. The barter system environment e. The government sector ANS: : 28. The legal-political environment, in international operations, includes which of the following? a. Shared knowledge, beliefs and values b. Political risks c. Social organizations d. Infrastructure e. None of these ANS: 29. Political risk is defined as an organization's risk of ____ due to politically based events or actions by host governments. a. loss of assets b. managerial control c. earning power d. all of these e. managerial control and earning power only ANS: 30. A company's risk of loss of assets, earning power, or managerial control due to politically based events or action by host government is referred to as a. MFN. b. political risk. c. tariffs. d. political instability. e. terrorism. ANS: 31. Rooftop International, Inc. buys insurance against host government takeover when investing in foreign countries. This is an example of which sector of the international environment? a. Legal-political b. Sociocultural c. Technological d. Economic e. Infrastructure ANS: 32. Which of the following is NOT a legal-political factor in the international environment? a. Laws and regulations b. Language c. Tariffs, quotas, taxes d. Political risk e. Government takeovers ANS: 33. A foreign terrorist kidnaps your firm's marketing VP while the VP is in the host country. This is a harsh example of a. economic development. b. infrastructure. c. political risk. d. international law. e. social risk. ANS: 34. A nation's ____ includes the shared knowledge, beliefs and values, as well as the common modes of behavior and ways of thinking, among members of a society. a. power distance b. culture c. masculinity d. individualism e. uncertainty avoidance ANS: 35. Cultural factors in foreign countries are ____ the political and economic factors. a. easier than b. similar to c. more perplexing than d. less important than e. none of these ANS: 36. ____ refers to the degree to which people accept inequality in power among institutions, organizations, and people. a. Power distance b. Uncertainty avoidance c. Individualism d. Collectivism e. Masculinity ANS: : 37. Countries whose social values reflect low power distance a. are highly democratic. b. accept inequality in power among institutions, organizations, and people. c. expect equality in power. d. avoid uncertainty. e. none of these. ANS: 38. A loosely knit social framework in which individuals are expected to take care of themselves is called a. culture. b. individualism. c. ethnocentrism. d. masculinity. e. power distance. ANS: 39. Collectivist values are represented in the social framework of which of these? a. The United States b. Australia c. Ecuador d. Great Britain e. All of these ANS: : 40. Austria's cultural preference is for achievement, heroism, assertiveness, and material success. This would be considered a. power distance. b. individualism. c. masculinity. d. ethnocentrism. e. collectivism.
What is the outlook for google youtube video and the likely strategies of the competitors? What is the outlook for google youtube video and the likely strategies of the competitors? Question What is the outlook for google youtube video and the likely strategies of the competitors? please answer the question with the case study PDF is attached below , Attachments (670.09 KB)
Law question data bank Law question data bank Question 1377. CHAPTER 12—S CORPORATIONS Question PR #1 Janet Wang is a 50% owner of a calendar year S corporation. During 2011, the S corporation has ordinary income of $175,000, short-term capital gain of $94,000, tax-exempt income of $22,000, and a charitable contribution of $18,000. What S corporation items must Janet report in 2011? 1378. CHAPTER 12—S CORPORATIONS Question PR #2 Simmen, Inc., a calendar year S corporation, incurred the following items in 2011. Municipal bond interest $ 6,200 Sales 122,000 § 1245 gain 11,000 Long-term capital gain 16,000 Cost of goods sold 39,000 Administrative expenses 15,000 Depreciation expenses 18,000 Charitable contribution 12,000 Calculate Simmen’s nonseparately computed income. 1379. CHAPTER 12—S CORPORATIONS Question PR #3 Bidden, Inc., a calendar year S corporation, incurred the following items. Sales $130,000 Depreciation recapture income 12,000 Short-term capital gain 30,000 Cost of goods sold (42,000) Municipal bond interest income 7,000 Administrative expenses (15,000) Depreciation expense (17,000) Charitable contributions (14,000) Calculate Bidden’s nonseparately computed income. 1380. CHAPTER 12—S CORPORATIONS Question PR #4 Gene Grams is a 45% owner of a calendar year S corporation during 2011. His beginning stock basis is $230,000, and the S corporation reports the following items. Ordinary income $64,000 Short-term capital gain 16,000 § 1231 loss 6,000 Tax-exempt interest income 5,000 Calculate Grams’ stock basis at year-end. 1381. CHAPTER 12—S CORPORATIONS Question PR #5 During 2011, Ms. Rasic, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. On December 31, 2010, Ms. Rasic’s stock basis was $4,000. The corporation earned $11,000 ordinary income during the year. Calculate the amount and type of income Ms. Rasic recognizes in 2011, assuming there is no C corporation AEP. 1382. CHAPTER 12—S CORPORATIONS Question PR #6 Individuals Adam and Bonnie form an S corporation, with Adam contributing cash of $100,000 for a 50% interest and Bonnie contributing appreciated ordinary income property with an adjusted basis of $20,000 and a fair market value of $100,000. a. Determine Bonnie’s initial basis in her stock, assuming that she receives a 50% interest. b. The S corporation sells the property for $120,000. Determine Adam’s and Bonnie’s stock basis after the sale. c. Determine Adam’s and Bonnie’s gain or loss if the company is liquidated. 1383. CHAPTER 12—S CORPORATIONS Question PR #7 You are a 60% owner of an S corporation. Calculate your ending stock basis, based upon these facts. Beginning stock basis $42,570 Stock purchases 15,000 Insurance premiums paid (nondeductible) 3,600 Tax-exempt interest income 5,230 Payroll tax penalty 3,770 Increase in AAA 22,400 Increase in OAA 5,800 1384. CHAPTER 12—S CORPORATIONS Question PR #8 On December 31, 2010, Erica Sumners owns one share of an S corporation’s 10 outstanding shares of stock. The basis of Erica’s share is $300. During 2011, the S corporation has no income or deductions, but incurs a loss of $3,650. Determine the amount of the loss allocated to Erica, and calculate her stock basis at the end of 2011. 1385. CHAPTER 12—S CORPORATIONS Question PR #9 Blue Corporation elects S status effective for tax year 2011. As of January 1, 2011, Blue’s assets were appraised as follows. Adjusted Basis Fair Market Value Cash Accounts receivable Inventory (FIFO) Investment in land Building Goodwill $ 16,010 –0– 70,000 110,000 220,000 –0– $ 16,010 55,400 90,000 195,000 275,000 93,000 In each of the following situations, calculate any built-in gains tax, assuming that the highest corporate tax rate is 35%. C corporation taxable income would have been $100,000. a. During 2011, Blue collects $48,000 of the accounts receivable and sells 80% of the inventory for $99,000. b. In 2012, Blue sells the land held for investment for $203,000. c. In 2013, the building is sold for $270,000. 1386. CHAPTER 12—S CORPORATIONS Question PR #10 Pepper, Inc., an S corporation in Norfolk, VA, generates revenues of $400,000, taxable interest of $380,000, operating expenses of $250,000, and deductions attributable to the interest income of $140,000. Calculate any passive investment income penalty tax payable by Pepper. 1387. CHAPTER 12—S CORPORATIONS Question ES #1 What are the characteristics of an S corporation’s straight debt? 1388. CHAPTER 12—S CORPORATIONS Question ES #2 Explain how family members are treated for purposes of the number of shareholders requirement concerning S corporation status. 1389. CHAPTER 12—S CORPORATIONS Question ES #3 List some of the separately stated items listed on Schedule K of the Form 1120S. 1390. CHAPTER 12—S CORPORATIONS Question ES #4 Discuss the two methods of allocating S items to shareholders. . 1391. CHAPTER 12—S CORPORATIONS Question ES #5 Compare the distribution of property rules for an S corporation with the corresponding partnership rules. 1392. CHAPTER 12—S CORPORATIONS Question ES #6 How may an S corporation manage its liability for the built-in gains tax? . 1393. CHAPTER 12—S CORPORATIONS Question ES #7 Explain how the domestic production activities deduction is used for an S corporation.
Bus680 discussions Bus680 discussions Question Dq1Evaluating Learning.Read the articles assigned for this week. Discuss the elements of evaluation and why they are important. Also, discuss the return on investment (ROI) for the organizations. Is training worth the cost? You may include your personal experiences in your response. Respond to at least two of your classmates’ postings.Dq2-Final Paper Summary.Share the abstract of your Training and Development Paper in your discussion forum. When responding to your classmates’ postings, ask well thought-out questions and provide critical feedback that could help them make final improvements to the final draft of their paper. Respond to at least two of your classmates’ postings.Dq3KSAs. Find a recent article (no more than a year old) that identifies KSAs that will be critical for managers in the immediate future. Provide a summary of the article and discuss its management development implications in your discussion forum. Respond to at least two of your classmates’ postings.Dq4Resistance to Training.The vice-president of human resources asked you, the director of training, to develop a sexual harassment training program for the company. During your needs analysis you discover that most of the executives do not believe they need this training and do not plan to attend. You identify a couple of instances in which an executive’s behavior seems bordering on sexual harassment. You discuss your findings with the VP, who asks you to come back with a strategy for dealing with the resistance to training. Develop your response and present it in your discussion forum. Respond to at least two of your classmates’ postings.
FIN2030 – Week 1, Assignment 3 FIN2030 – Week 1, Assignment 3 Question You are given the following information about XYZ Corporation: Account Name Value Accounts payable 5800 Accounts receivable 10600 Accumulated depreciation 34000 Cash 17550 Common stock (10,000 shares) 46000 Cost of goods sold 6,750 Depreciation expense 600 Earnings before taxes ????? General & admin expense 950 Gross buildings & equipment 123000 Gross profits 26,250 Interest expense 4,300 Inventories 7500 Long-term debt 56000 Net buildings & equipment 89000 Net income ????? Operating income (EBIT) ????? Retained earnings 16150 Sales 33,000 Short-term notes payable 700 Taxes @40% 8,160 Required: Using the Data above, complete the following on the templates provided: Part 1: Complete the Balance Sheet and Income Statement for XYZ Corporation Part 2: Calculate the Ratios for XYZ Corporation Part 3: Complete the Ratio analysis using Cross-Sectional Analysis and Trend Analysis Use this Templates for Part 1: XYZ Corporation Balance Sheet As of December 31, 20XX Assets Current Assts Total Current Assets Total Assets Liabilities and Equity Liabilities Total Current Liabilities Total Liabilities Equity Total Equity Total Liabilities and Equity XYZ Corporation Income Statement For the year ending December 31, 20XX Sales Net Income Use the Template below for Part Two: Ratio Formula Your Answer Operating Profit Margin After Taxes Gross Profit Margin Average Collection Period Total Asset Turnover Fixed Asset Turnover
Week 5 Day 3: Social Influences on Behavior Paper Week 5 Day 3: Social Influences on Behavior Paper Question Week 5 Day 3: Social Influences on Behavior Paper Prepare a 1,050 to 1,400-word paper in which you examine basic concepts of human interaction from a psychology perspective. In your examination, describe at least two examples of how human behavior changes based on social situations. In your description be sure to address the following for each of the examples. Describe the specific behaviors.b. Describe the context in which the behaviors occurred. c. Analyze precursors and consequences of the behaviors in terms of social psychology concepts.d. Identify any associated phenomenon (e.g., social facilitation, social loafing, group think) with your selected behaviors. e. Determine if the exhibited behaviors necessitate therapeutic intervention. Be sure to properly cite your reference(s) in your paper. Post to your Assignment Forum.
Special order_ Accept or Reject Special order_ Accept or Reject Question There are a number of individual decisions covered in this week's material. One is incremental analysis. The problem below is an example of this. The only things that are different in the various scenarios are sales dollars and variable costs. Since fixed costs are fixed, they have no impact on the decision. So, as long as the additional units can be sold at a price higher than the variable cost, the order will increase net income. Your company produces 10,000 units which is 80% of capacity and its normal selling price is $25/unit. The following cost data are provided at 10,000 units: Variable cost per unit $16 Fixed cost per unit 4 a) Should you accept a special order from a foreign company for an additional 2,000 units at a special price of $22/unit? b) Should you accept the order at19/unit? c) Should you accept the order at $15/unit?
CIS517 Assignment 3 week 7 CIS517 Assignment 3 week 7 Question Create 15 or more decomposed work packages into 4 levels that are assigned to 5 or more main tasks (75 line items).• Ensure the main WBS tasks headings are the 5 PMBOK® process areas (Initiating, Planning, Executing, Monitoring& Controlling and Closing)• Create a Work Breakdown Structure Code for each task. (as seen in above example)• Determine an overall project duration and duration estimates for each of the tasks. The duration is not to exceed 90 days.• Create accurate work package assumptions and duration estimates.• Include 7 resources assigned in the Resource Sheet as “Work” types and 3 resources assigned as “ Material” types.• Ensure the Resources are paid no more than $30/hour and that the “Material” cost per use will not exceed $50.• Include your resources and materials from the Resource Sheet in the task sheet.• Create 10 dependencies in the Task Sheet