The city of mcNeely sold bonds in the amount of $10,000,000 to finance the construction of a public health center. The bonds are serial bonds and were sold at par on july 1, 2008 the first day of the fiscal year. Shortly thereafter a construction contract in the amount of $9,000,000 was signed and the contractor commenced work. By year-end the contractor had been paid […]
The Lotus Corporation signs a lease agreement dated January 1, 2010 that provides for it to lease equipment from Dragon Company beginning January 1, 2010. The lease terms, provisions, and related events are as follows:The lease is noncancelable and has a term of five years. The annual rentals are $83,222.92, payable at the end of each year, and provide Dragon with a 12% annual rate […]
of the next year. To close the temporary accounts, you must click on the check mark for [Closing Entry], “Closing Entry” will appear in the [Transaction Description] box. Be sure the check mark in the box for [Closing Entry] is showing before closing each individual account. Also, you will be sent to the Detail Journal where you must close each individual budgetary or operating statement […]
Hanson Co. acquired all of the common stock of Roberts Inc. on January 1, 2010, transferring consideration in an amount slightly more than the fair value of Roberts’ net assets. At that time, Roberts had buildings with a twenty-year useful life, a book value of $600,000, and a fair value of $696,000. On December 31, 2011, Roberts had buildings with a book value of $570,000 […]
W2D2 Students need to contribute three substantive posts in this discussion by the due date indicated. The substantive posts can be any combination of responses and replies. Total quality management is a comprehensive approach to quality with a focus on what is important to the customer. Six Sigma is an approach to improving quality and productivity through measurement and analysis. Six Sigma is conducted by different members […]
1. Briefing Paper 1:Critical Legal Thinking<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /> Instructions: o Read American Needle, Inc. v. NationalFootball League – Cheeseman text pages 459-460. o Respond to the three Case Questions found inCheeseman Text page 459. o Brief the facts of the case and assume yourboss is seeking your opinions as noted in the Critical Legal Thinking,Ethics, and Contemporary Business questions. Argue both […]
Hello, I am working on the following problem and don’t seem to have chosen the correct answer. My rationale was that goodwill is $30,000 (800,000 – 770,000 book value). 40% of 30,000 is $12,000 plus the original $300,000 = 312,000 is the capital balance for Heflin, but that is not the correct answer. One of the solutions in course hero did not identify the correct […]
2) a)Go to https://www.wto.org/english/tratop_e/tariffs_e/tao_help_e.htm (https://www.wto.org/english/tratop_e/tariffs_e/tao_help_e.htm) and review the information on how to research and analyze tariff data. Then, navigate to the Get tariff data page https://www.wto.org/english/tratop_e/tariffs_e/tariff_data_e.htm (https://www.wto.org/english/tratop_e/tariffs_e/tariff_data_e.htm). Based on your chosen country (Week 1 discussion- PANAMA), use the Get tariff data page to determine the kind of footwear you wish to import into the country, and identify the appropriate tariff(s) you will pay. Discuss the amount of […]
Bank of America (BofA), along with many others major banks, faced a difficult financial situation during the most recent financial crisis. In the midst of a global banking crisis, BofA was forced to accept a government rescue. Shareholders were concerned about the quality of leadership and decision making at BofA, and they approved a proposal to split the positions of chairman of the board and […]
March 1, 201, Dorchester Company’s beginning work in process inventory had 6,000 units. This is its only production department. Beginning WIP units were 50% completed as to conversion costs. Dorchester introduces direct materials at the beginning of the production process. During March, all beginning WIP was completed and an additional 18,500 units were started and completed. Dorchester also started but did not complete 7,500 units. These units […]
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