The balance of international indebtedness is a record of a country’s international: select one a. investment position over a period of time. b. assets and liabilities at a fixed point in time. c. trade position over a period of time. d. trade position at a fixed point in time.2. If Canadian speculators believed the Swiss franc was going to appreciate against the U.S. dollar, they would: a. purchase Canadian dollars. b. purchase U.S. dollars. c. purchase Swiss francs. d. sell Swiss francs. 3. A primary reason explaining the appreciation in the value of the U.S. dollar in the 1980s is: a. large trades surpluses for the U.S. b. relatively high inflation rates in the U.S. c. lack of investor confidence in the U.S. monetary policy. d. relatively high interest rates in the U.S. 4. On the balance-of-payments statements, merchandise imports are classified in the: a. current account. b. capital account. c. unilateral transfer account. d. Official settlements account. A nation’s balance-of-payment can be grouped into several categories. List and describe these categories. Your response should be at least 75 words in length. Concerning the balance of international indebtedness, when is a country a net creditor or a net debtor? Your response should be at least 75 words in length. Using an example, explain how traders benefit from the forward exchange market. Your response should be at least 200 words in length. Using an example to explain your response, describe how exchange rates are determined in a free market. Your response should be at least 200 words in length.

 

Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

 

1.      Critical Thinking Question:

Answer the following questions:

Why are noncash transactions, such as the exchange of common stock for a building for example, included on a statement of cash flows? How are these noncash transactions disclosed?

 

2.      Classification of activities

Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity.

a.       ________ Received $80,000 from the sale of land.

b.      ________ Received $3,200 from cash sales.

c.       ________ Paid a $5,000 dividend.

d.      ________ Purchased $8,800 of merchandise for cash.

e.       ________ Received $100,000 from the issuance of common stock.

f.       ________ Paid $1,200 of interest on a note payable.

g.      ________ Acquired a new laser printer by paying $650.

h.      ________ Acquired a $400,000 building by signing a $400,000 mortgage note.

 

3.      Overview of direct and indirect methods

Evaluate the comments that follow as being True or False. If the comment is false, briefly explain why.

a.       Both the direct and indirect methods will produce the same cash flow from operating activities.

b.      Depreciation expense is added back to net income when the indirect method is used.

c.       One of the advantages of using the direct method rather than the indirect method is that larger cash flows from financing activities will be reported.

 

d.      The cash paid to suppliers is normally disclosed on the statement of cash flows when the indirect method of statement preparation is employed.

e.       The dollar change in the Merchandise Inventory account appears on the statement of cash flows only when the direct method of statement preparation is used.

 

4.      Equipment transaction and cash flow reporting

 

Dec. 31, 20X4

Dec. 31, 20X3

Property, Plant & Equipment:

Land

 

$94,000

 

$94,000

Equipment

652,000

527,000

Less: Accumulated depreciation

-316,000

-341,000

New equipment purchased during 20×4 totaled $280,000. The 20×4 income statement disclosed equipment depreciation expense of $41,000 and a $9,000 loss on the sale of equipment.

a.       Determine the cost and accumulated depreciation of the equipment sold during 20X4.

b.      Determine the selling price of the equipment sold.

c.       Show how the sale of equipment would appear on a statement of cash flows prepared by using the indirect method.

 

5.      Cash flow information: Direct and indirect methods 

The comparative year-end balance sheets of Sign Graphics, Inc., revealed the following activity in the company’s current accounts:

 

20X5

20X4

Increase / Decrease)

Current assets

 

Cash

$55,400

$35,200

$20,200

 

Accounts receivable (net)

83,800

88,000

-4,200

 

Inventory

243,400

233,800

9,600

 

Prepaid expenses

25,400

24,200

1,200

 

 

 

Current liabilities

 

 

Accounts payable

$123,600

$140,600

($17,000)

 

Taxes payable

43,600

49,200

-5,600

 

Interest payable

9,000

6,400

2,600

 

Accrued liabilities

38,800

60,400

-21,600

 

Note payable

44,000

44,000

 

 

 

The accounts payable were for the purchase of merchandise. Prepaid expenses and accrued liabilities relate to the firm’s selling and administrative expenses. The company’s condensed income statement follows.

SIGN GRAPHICS INC.

Income Statement

for the Year Ended December 31, 20×5

 

 

 

 

 

 

 

 

 

Sales

 

$713,800

 

Less: Cost of goods sold

 

323,000

 

Gross profit

 

$390,800

 

 

 

 

Less: Selling & administrative expenses

 

$186,000

 

 

Depreciation expense

 

 

17,000

 

 

Interest expense

 

 

27,000

 

230,000

 

 

 

 

Add: gain on sale of land

 

$160,800

 

 

 

21,800

 

Income before taxes

 

$182,600

 

Income taxes

 

36,800

 

Net income

 

$145,800

 

 

 

 

 

 

 

 

 

 

Other data:

1.      Long-term investments were purchased for cash at a cost of $74,600.

2.      Cash proceeds from the sale of land totaled $76,200.

3.      Store equipment of $44,000 was purchased by signing a short-term note payable. Also, a $150,000 telecommunications system was acquired by issuing 3,000 shares of preferred stock.

4.      A long-term note of $49,400 was repaid.

5.      Twenty thousand shares of common stock were issued at $5.19 per share.

6.      The company paid cash dividends amounting to $128,600.

Instructions:

a.       Prepare the operating activities section of the company’s statement of cash flows, assuming use of:

1.      The direct method.

2.      The indirect method.

Prepare the investing and financing activities sections of the statement of cash flows.

(2200 words needed)

B&M was formed in 1978 and they are variety retailers in the UK. B&M operate 450 stores across UK and employs 20,000 workers (http://www.bandmretail.com/).

You should outline the essential components for ‘effective business operations management’ for B&M stores (B&M) in the UK. Use a soft systems methodology to evaluate the issues B&M might face if they decide to introduce facilities to enable their customers to order goods online and have them delivered to the door. Support your discussion with appropriate business operations models (i.e. operation strategy performance (priorities) model, customer value, the service gap model, four v’s profile etc.).

TIPS:

1. You should start with what B&M are doing well compare to the sector (why customers turn up to the stores).

2. Research the problems they may face going online (the change) using Soft Systems Methodology (critical analysis

of need/problem to be solved).

3. Support your discussions with appropriate operations models (quality/depth).

You should compare and contrast different models used by the sector in which B&M operates and recommend appropriate solutions for online shopping, make easier for customers to select and buy their products with fully integrated mobile applications (issues to consider centralised/ decentralised inventory and delivery chain, customer value chain, cost implications, sustainability etc.).With reference to the parcel conundrum (http://www.bbc.co.uk/news/magazine-18709348)recommend how B&M should respond to this conundrum (keeping in mind the possible technological and environmental (CO2) impact).

TIPS:

4. Your academic enquiry should lead to synthesis of important issues around the problem and solution.

5. Critical analysis and evaluation of customer’s digital experience.

6. Innovative ways to serve their customers better.

7. Consider the services which are unique and benefits to B&M.

8. Consider customer value for shopping online.

9. Comparison of different solution with costing and choose one solution to take forward with reasoning.

 

Name: Economics for Managers Date: 1. Comparative advantage explains how two nations can benefit from trade. True False Explain your answer 2. Externalities are created when parties not involved in an economic transaction are affected by it. True False Explain your answer 3. Opportunity cost is the value of the next best alternative to a given choice. True False Explain your answer 4. It is impossible for both nations to gain when trading with one other. True False Explain your answer 5. In economics the true cost of making a choice is the value of what must be given up. True False Explain your answer 6. Some college students think that because a college degree greatly increases their earning potential there is no opportunity cost of attending college. How would an economist look at the matter? a. There is no opportunity cost, assuming that future earnings actually increase as expected. b. The opportunity cost is much less than it would appear, assuming that earnings increase. c. Opportunity cost is a meaningless concept in this situation. d. The college students are completely correct in all respects. e. There is still an opportunity cost, even if it is justified by higher future earnings. 7. The term opportunity cost refers to the a. value of what is gained when a choice is made. b. difference between the value of what is gained and the value of what is forgone when a choice is made. c. value of what is forgone when a choice is made. d. direct costs involved in making a choice. 8. If an airline company has several empty seats on a flight and the full price of an air ticket is $500 and the marginal cost per passenger is $100, then it will be profitable for the airline to a. charge a stand-by passenger no less than the full fare of $500. b. charge a stand-by passenger less than $100. c. charge a stand-by passenger more than $500. d. charge a stand-by passenger more than $100. e. fill the seats at the last minute for any price. 9. Inputs, or factors of production, include a. labor. b. machinery. c. natural resources. d. all of the above. 10. A recession can best be defined as a period of time in which a. total output of the economy falls. b. total output of the economy rises very slowly. c. total unemployment falls. d. total international trade fails to rise. e. Both a and c 11. An industry can be defined as a. the group of all firms that sell a product. b. any company that produces and sells something. c. the set of buyers of a particular good or service. d. the top companies that sell something. 12. The production possibilities frontier has a tendency to bow outward from the origin. True False 13. The central question in economics is how to a. make the best use of scarce resources. b. use government planning agencies. c. induce people to want less. d. increase human knowledge. 14. One popular definition of economics is the study of a. how scarcity increases opportunities to meet ends. b. how markets overcome scarcity. c. one goal and three tasks. d. how to use limited means to meet unlimited wants. e. wants versus needs. 15. An optimal decision is one that chooses a. the most desirable alternative among the possibilities permitted by the resources available. b. the lowest cost method of meeting goals, without regard to quality or any other feature. c. among various possible goals and offends no one, so that all are equally happy. d. among equally important goals, and thereby avoids the “indispensable necessity” syndrome. e. among possible goals in such a way that spends as little money as possible. .jpg”> 16. . In Figure 3-2, the production possibilities frontier has a bowed-out shape because of the law of a. decreasing costs. b. increasing costs. c. demand. d. comparative advantage. 17. Adam Smith noted that people are adept at which of the following? a. Confusing themselves if given the chance. b. Proving the truth of “Murphy’s Law.” c. Denying themselves for the sake of others. d. Pursuing their own self-interest. e. All of the above are correct. Figure 5-3 .jpg”> 18. Assume the market consists of three consumers with the demand curves in Figure 5-3. At a price of 1, the total market demand is a. 40. b. 80. c. 140. d. 150. 19. The law of demand states that as the price a. increases, total quantity demanded will increase. b. decreases, total quantity demanded will decrease. c. increases, total quantity demanded will decrease. d. increases, total quantity demanded will stay the same. 20. Which of the following statements is correct? a. The “law” of diminishing marginal utility implies that demand curves slope upward and to the right. b. If the price of a good falls, the utility-maximizing consumer will assure that marginal utility rises. c. If the price of a good falls, the consumer will purchase more of the good in order to maximize total utility. d. MU and demand have different underlying consumer behavior assumptions. 21. If the price of gasoline rises by 20 percent and consumption of gasoline falls 5 percent, a. demand is elastic. b. demand is unit-elastic. c. demand is inelastic. d. elasticity of demand cannot be calculated. .jpg”> 22. In Figure 6-2, the price elasticity of demand (dropping all minus signs) is ____ between P = 4 and P = 6 than between P = 10 and P = 12 because between the lower set of prices the percentage change in price is ____. a. smaller; smaller b. smaller; greater c. greater; smaller d. greater; greater 23. From Figure 6-2, we can infer that demand is ____ between P = 12 and P = 10 and ____ between P = 6 and P = 4. a. elastic; elastic b. elastic; inelastic c. inelastic; elastic d. inelastic; inelastic 24. The price elasticity of a vertical demand curve is always a. infinitely large. b. zero. c. one. d. increasing as price increases. 25. A rightward shift in the demand curve for a product will ordinarily result from a. a decrease in the advertising budget. b. a decrease in the price of a competing product. c. an increase in consumer income. d. an increase in the price of a complementary good. 26. The following table contains information regarding price and output for a firm. For each point except the first, calculate the elasticity between it and the point above. Price Quantity Elasticity $7 10 _____ 6 20 _____ 5 30 _____ 4 40 _____ 3 50 _____ 2 60 _____ 1 70 _____ Price Quantity Elasticity $7 10 (None) 6 20 4.33 5 30 2.2 4 40 1.286 3 50 .7778 2 60 .4545 1 70 .231 27. A macroeconomist would concentrate on which of the following issues? a. the price of pizzas b. the profits of the IBM Corporation c. the unemployment rate in Germany d. the market for hot dogs 28. The clearest sign of economic growth is a(n) a. increase in nominal GDP. b. increase in real GDP. c. decrease in nominal GDP. d. increase in nominal GDP. 29. Describe some of the steps used to combat inflation. What are their side-effects? 30. Which of the following is a characteristic of a perfectly competitive market? a. a few large firms b. firms producing specialized products in order to attract consumers c. each individual firm having some control over the market price d. a large number of small firms 31. At a perfectly competitive firm’s short-run equilibrium level of output, a. P = MR = MC. b. P = MR, but MR does not equal MC. c. P = MC, but MR does not equal MC. d. MR = MC and P < MR. 32. Of the following industries, which are perfectly competitive? Of those which are not, why do they not fit the model? a. local banking b. gasoline stations c. college-level educational institutions d. local radio and television e. local farmers’ market 32. All of the following are possible characteristics of oligopoly except a. free entry into the industry. b. significant economies of scale. c. interdependence among sellers. d. homogeneous product. 33. A cartel is a. a group of oligopolists who try to behave like a single monopolist and split the benefits among themselves. b. a government-approved organization for the exchange of technical information among firms. c. a form of competition among oligopolists. d. a regulated industry that is officially permitted to set the price of its product above long-run average total cost. 34. The theory of the kinked demand curve is used to explain a. bizarre corporate behavior. b. sales maximization. c. the maximun criterion. d. sticky prices in oligopolies. 35. Other things held constant, when the general price level changes: Select one: a. we shift the aggregate demand curve to the left. b. we shift the aggregate demand curve to the left. c. we shift the aggregate supply curve to the right. d. we shift the aggregate demand curve to the right. e. we move along the aggregate demand curve. 36. The official unemployment rate is: Select one: a. the number of unemployed people divided by the number of employed people. b. the number of unemployed people divided by the total size of the population. c. the number of unemployed people divided by the size of the non-institutionalized population, age 16 or older. d. the number of unemployed people divided by the size of the non-institutionalized population. e. the number of unemployed people divided by the size of the labor force. 37. Which of the following is true of Antitrust policy? Select one: a. Antitrust policy prohibits agreements that allow free trade. b. Antitrust policy restricts abusive behavior by a firm dominating a market. c. Antitrust policy allows anti-competitive practices. d. Antitrust policy encourages establishment of monopoly firms. e. Antitrust policy creates trade barriers like tariffs and quota. 38.Other things equal, a country’s long-run aggregate supply will shift to the left when _____. Select one: a. the productivity of labor rises b. the quantity of natural resources rises c. the mortality rate rises d. the amount of investment rises e. the aggregate expenditure on education rises 39. Which of the following is true of marginal revenue? Select one: a. Marginal revenue is the slope of the total cost curve when profit is maximized. b. Marginal revenue equals total revenue divided by quantity. c. Marginal revenue equals the change in total revenue divided by the change in the quantity. d. Marginal revenue is the slope of the supply curve of a firm. e. Marginal revenue equals the income earned by selling the stocks on the margin. 40. What is Gross Domestic Product? What is included in this statistic? What is excluded? Give two examples of goods or services that are included in GDP and two examples of goods or services that are excluded.

CHAPTER: METHODOLOGY
Research Strategy
This study will adopt an exploratory research design where secondary data analysis will be used to understand phenomenon. Secondary data indicates the multiple dimensions based on the realities of different authors. According to Edirisingha (2012), the ontological and epistemological idea behind it is interpretivism. There are different realities presented are socially constructed; thereby, this research forms a basis for future objectively constructed realities through actual primary research.
Data Collection
This type of study relies on results, reports, working and conference papers, and that have already been presented. This secondary analysis is aimed at establishing hypotheses that can be used by future researchers who wish to engage in primary research future. The secondary analysis is easy to conduct because it is cheap and less time consuming.
Sampling Strategy
Since this is there is limited empirical information on this topic, this secondary analysis will utilize secondary data from previous literature to determine the factors that have been proposed result in an aged workforce in small businesses. In addition, this analysis will help to determine the impact this ageing workforce has on the small business: positivity or negatively. Review was based on reports and articles on ageing and small business specifically in the UK. Only articles written in English were included.
Data Analysis
The findings in this review represent the raw data. Since the evidence to be included is Based on the search results and nature of evidence, data analysis will be based on extracting the study, population, and results, which will be in tabular form.
A systematic review was used to determine the impact of ageing on small businesses in the UK. This kind of study is more ideal because it allows the application of evidence-based research in to the real world of business. This kind of study targets both quantitative and qualitative type of data. The use of systematic reviews allocation of individuals into groups based on the researcher�s purpose, in this case, the age factor. Being a systematic review, various databases were used, including Wiley Online, CIPD website, JSTOR, Springer, Project Muse, ProQuest Archive, Academic Search Complete and others based on relevance of the research study. The search terms used were developed in reference to the topic of the study. These terms included �age�, �ageing�, �old/older generation�, �business performance�, �effect/impact�, �small businesses UK� and the articles were selected after a thorough review of the abstract. In the event an abstract was missing, the full text was used for determining inclusion or exclusion of the article. Articles included in the study had to meet the inclusion/exclusion criteria. The selection process was made by the review team, which included two reviewers and their discrepancies were resolved by including a third reviewer.
The inclusion/exclusion criteria entailed the selection of studies that solely adapted experimental kind of studies but randomization was not crucial. Studies examining the effect of age on small businesses (located in the UK) were of interest. The problem of study is old age; thus, the study compares the baby boomers from the age of 55 in accordance with Dhanjal and Schirle (2014) with the younger population less than 55 years in the workplace. Also, individuals included in the study had to have at least three years, but no more than four years, of experience working in a small business. Internships and attachments counted for the years of experience. Older people are presumed to have numerous chronic ailments according to the Institute of Medicine (2008); hence, articles reporting on medical costs as a variable were excluded from the review. Also, the individuals had not have received a performance appraisal prior to the study to ensure that the baseline performance assessment was the first and improvement strategies done during appraisal processes were not underway in either one of the participants.
Apart from the inclusion and exclusion criteria stated above, all studies were included regardless of the language used in reporting. Keeping note of all the essential elements of the studies to be included in this review, the review of empirical evidence older than ten years was disregarded. Therefore, the studies were limited to the years between 2007 and 2016. The study collected both quantitative and qualitative data. The review was conducted for a time period of three months. During this time, the searching, inclusion and exclusion of research studies, and went on. Data was extracted from the selected articles and spreadsheet was used to present the results. Publications from the selected studies were appraised and if found worthy of inclusion, was reviewed. Search results were checked based on relevance and duplication. Hence, similar publications of a study were linked to avoid duplication (Committee on Standards for Systematic Reviews of Comparative Effectiveness Research & Institute of Medicine, 2011).
Studies that met the inclusion/exclusion criteria were retrieved for further appraisal. Validity of the review was assured by determining the quality of the studies reviewed, and studies with a low score were excluded from this review. The quality of the studies included in this review was determined by a scoring system developed by the review team. The quality assessment tool used in this review was adapted from the AMSTAR tool (Smith 2011, Devane 2011, Begley 2011, and Clarke, 2011).
Upon obtaining the original results, a thorough examination of the inclusion criteria and quality of the studies led to a small number of studies that were used for the final review. The effects of age were noted down using M/s Excel and a second review was done to ensure that no one effect had been omitted. In addition, this reporting template was used to note down the sample size of each study, the effect sizes of the result, and robustness of the methods used in each study. Themes were noted for qualitative studies, and this information formed basis for the narrative.
Variation in the studies� methodology made it impossible to combine the results. Heterogeneity prevailed in reference to the age of the participants in the different studies and the variables of interest. Therefore, the results of each study were discussed separately. A narrative approach sufficed as the mode through which the authors summarized the findings.

Ethical Approval
This research is entirely based on secondary research analysis. The ethical clearance process with the Anglia Ruskin University re secondary data approval.
This research also has approval from the Anglia Ruskin University and gives rise to no ethical issues.

This was the method chapter that I got it from you guys back in August and my tutor has gone through it and gave me following comments …please go through it and please modify it accordingly…It seems there are few things missing on it.
Unfortunately at the moment it is reading like a findings chapter ie what you have done and not why and what you intend to do.

The chapter is the defence of a research design which provides clarity from research methods theory for what you intend – has to be written in the future tense and provide a structure of what you will do.

There are also no discussion of the constraints.

You may want to use some of this for your findings you need to translate it to your plans for what you will do

1. A company purchased a truck on October 1 of the current year at a cost of $40,000. The truck is expected to last six years and has a salvage value of $2,200.

The company’s annual accounting period ends on December 31.

a. What is the depreciation expense for the current year, assuming the straight-line method is used?

b. What is the depreciation expense for the current year, assuming the double-decliningbalance method is used?

2. A machine was purchased for $37,000 and depreciated for five years on a straight-line basis under the assumption it would have a ten-year life and a $1,000 salvage value.

At the beginning of the machine’s sixth year it was recognized the machine had three years of remaining life instead of five and that at the end of the remaining three years

its salvage value would be $1,600. What amount of depreciation should be recorded in each of the machine’s remaining three years?

3. On April 1, Year 1, SAS Corp. purchased and placed in service a plant asset. The following information is available regarding the plant asset:

Acquiition cost130,000

Estimates Salvage value15,000

Estimates Useful life5years

Make the necessary adjusting journal entries at December 31, Year 1, and December 31, Year 2 to record depreciation for each year under the following depreciation methods:

a. Straight-line. b. Double-declining-balance.

a) Straight line method

4. A corporation received its charter and began business this year. The company is authorized to issue 50,000 shares of $100 par, 10%, noncumulative,

nonparticipating preferred stock, and 500,000 shares of no-par common stock. The following selected transactions occurred during this year:

Apr-05issued 250 shares of preferred stock for $104 cash oer share.

Jun-15Exchanged 750 shares of common stock for $15,000 in legal services

incurred in the organisation of the company

Prepare journal entries to record these transactions.

5. Marble Corporation had the following balances in its stockholders’ equity accounts at December 31, 2010:

 

Comon Stock, $10 par, 50,000 shares authorsied,

20,000 shares issued200,000

Paid In Capital in Excess of Par vale, Common250,000

Retained Earnings500,000

Traesury Stock, 1,000 shares-20,000

Total Stockholder Equity930,000

The following transactions occurred during 2011:

Feb-03Sold and issued 3,000 shares of common stock for $22 per share

May-10Declared a $0.50 per share dividend on common stock

Oct-12Sold 500 shares of traesury stock for $20 per share

Dec-31Net Income for the Year was determined to be $75,000

Based on the above information, prepare a statement of stockholders’ equity for 2011. Use the form below.

ACC 206 Week Two Assignment

 

Please complete the following exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

 

 

1. Analysis of stockholders’ equity

Star Corporation issued both common and preferred stock during 20X6. The stockholders’ equity sections of the company’s balance sheets at the end of 20X6 and 20X5 follow:

 

 

 

20X6

20X5

Preferred stock, $100 par value, 10%

$580,000

$500,000

Common stock, $10 par value

2,350,000

1,750,000

 

Paid-in capital in excess of par value

 

Preferred

24,000

Common

4,620,000

3,600,000

Retained earnings

8,470,000

6,920,000

Total stockholders’ equity

$16,044,000

$12,770,000

 

a.       Compute the number of preferred shares that were issued during 20X6.

b.      Calculate the average issue price of the common stock sold in 20X6.

c.       By what amount did the company’s paid-in capital increase during 20X6?

d.      Did Star’s total legal capital increase or decrease during 20X6? By what amount?

 

 

 

2. Bond computations: Straight-line amortization

Southlake Corporation issued $900,000 of 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1 and mature in 10 years. Assume the independent cases that follow.

·         Case A—The bonds are issued at 100.

·         Case B—The bonds are issued at 96.

·         Case C—The bonds are issued at 105.

 

Southlake uses the straight-line method of amortization.

 

Instructions:

Complete the following table:

 

Case A

Case B

Case C

  1.  Cash inflow on the issuance date

_______

_______

_______

  1. Total cash outflow through maturity

_______

_______

_______

  1. Total borrowing cost over the life of the bond issue

_______

_______

_______

  1. Interest expense for the year ended December 31, 20X1

_______

_______

_______

  1. Amortization for the year ended December 31, 20X1

_______

_______

_______

  1. Unamortized premium as of December 31, 20X1

_______

_______

_______

  1. Unamortized discount as of December 31, 20X1

_______

_______

_______

  1. Bond carrying value as of December 31, 20X1

_______

_______

_______

 

 

 

 

3. Definitions of manufacturing concepts

Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended:

Materials and supplies used

Brass                                                    $75,000

Repair parts                                         16,000

Machine lubricants                              9,000

Wages and salaries Machine operators             128,000

Production supervisors                                    64,000

Maintenance personnel                                    41,000

Other factory overhead Variable         35,000

Fixed                                                   46,000

Sales commissions                               20,000

 

Compute:

a.       Total direct materials consumed

b.      Total direct labor

c.       Total prime cost

d.      Total conversion cost

 

 

 

 

 

4. Schedule of cost of goods manufactured, income statement

The following information was taken from the ledger of Jefferson Industries, Inc.:

Direct labor

$85,000

 

Administrative expenses

$59,000

Selling expenses

34,000

 

Work in. process:

 

Sales

300,000

 

Jan. 1

29,000

Finished goods

 

Dec. 31

21,000

Jan. 1

115,000

 

Direct material purchases

88,000

Dec. 31

131,000

 

Depreciation: factory

18,000

Raw (direct) materials on hand

Indirect materials used

10,000

Jan. 1

31,000

 

Indirect labor

24,000

Dec. 31

40,000

 

Factory taxes

8,000

 

Factory utilities

11,000

Prepare the following:

a.       A schedule of cost of goods manufactured for the year ended December 31.

b.      An income statement for the year ended December 31.

 

5. Manufacturing statements and cost behavior

Tampa Foundry began operations during the current year, manufacturing various products for industrial use. One such product is light-gauge aluminum, which the company sells for $36 per roll. Cost information for the year just ended follows.

Per Unit

Variable Cost

Fixed Cost

Direct materials

$4.50

$ —

Direct labor

6.5

Factory overhead

9

50,000

Selling

70,000

Administrative

135,000

                              

 

 

 

 

 

 

 

Production and sales totaled 20,000 rolls and 17,000 rolls, respectively There is no work in process. Tampa carries its finished goods inventory at the average unit cost of production.

Instructions:

a.       Determine the cost of the finished goods inventory of light-gauge aluminum.

b.      Prepare an income statement for the current year ended December 31

c.       On the basis of the information presented:

1.      Does it appear that the company pays commissions to its sales staff? Explain.

2.       What is the likely effect on the $4.50 unit cost of direct materials if next year’s production increases? Why?

format

 

 

 

 

Lester Scholl’s administrative assistant calls you on Monday afternoon to set up a conference call between you and the chairman tomorrow morning to discuss the board’s reaction to your list and to discuss your next task. You call the number she gave you, and Lester joins the call shortly after.

“I’m pleased with your work,” he says. The board was impressed with your list of factors. Your ranking made sense because your explanations were well-written. I suspect they read everything you sent because it was concise and clear. Good job.”

“Thanks,” you say, and you feel relieved that your first assignment was well-received.

“Your list provided the basis for a good conversation about the manufacturing operations,” he says. “We want to know more about the economy of both countries to further inform our decision-making process.”

“That makes sense,” you say. “The United States and South Korea hold many distinct economic factors that may affect AutoEdge’s long-term financial performance.”

“Right,” he says. “Your research on the two economies will give the board enough information so we can advise the new, incoming CEO.”

“What should my research include?” you ask.

“In your research, you must take into consideration several macroeconomic factors,” he says. “We want to see information about the gross domestic product (GDP), unemployment, interest rates, and inflation for both the United States and South Korea. Make sure your research is current; that is, no more than 6 months old.”

“I’ll get started right away,” you say.

“Very good,” he says. “Let me know if you have any questions, and I’ll put you in touch with some of the other members of the board if I can’t provide the answers you need.”

“Great,” you say. “Thank you.”

W9-Discussion Question Respond to the case study questions below and submit your responses to the Discussion Area.
Textbooks Requirement
Dates Active: 6/1/2015 – 1/1/2099
Title: Pathophysiology
Author: Kathryn L. McCance; Sue E. Huether
Edition / Copyright: 7
Publisher: Elsevier – Health Sciences Division
ISBN: 9780323088541

Dates Active: 6/1/2015 – 1/1/2099
Title: Study Guide for Pathophysiology
Author: Kathryn L. McCance; Sue E. Huether
Edition / Copyright: 7
Publisher: Elsevier – Health Sciences Division
Respond to the question using the lessons and vocabulary found in the readings. Support your answers with examples and research. Your responses should clarify your understanding of the topic. They should be your own, original, and free from plagiarism. Follow APA format for writing style, spelling and grammar, and citation of sources.
Neurological System Case Study :A 35-year-old male is admitted to a hospital following a minor car accident. He was driving home and fell asleep at the wheel. This is the third accident he has had in the past year. He also falls asleep regularly at work, at the dinner table, at church, and, in fact, anywhere. When he becomes excited or enraged, he suddenly becomes weak and falls. At night, he often has bizarre, terrifying dreams. During these dreams, he feels as if he were paralyzed.
Based on the scenario given above, answer the following questions:
• Describe how a nerve impulse is transmitted from one neuron to the next.
• Compare the structure and functions of the CNS and PNS.
• What is the probable diagnosis for this man’s condition?
• What parts of the person’s brain could have been affected?
• What sleep state do these symptoms resemble?
• How would an electroencephalogram (EEG) look like during the sleep condition of this patient?
• What type of treatments (physical or chemical) would you prescribe for the patient?
Grading Criteria Maximum Points
Quality of initial posting 35
Participation in discussion 5
Writing mechanics (spelling, grammar, APA) and information literacy 5
Total: 45

Instructions:   Listen to the Documentary entitled Living Legacy on the American Radio Works

 

website.  I expect to write four pages to answer the questions below (around 1250 words).

 

The Living Legacy

 

1.       What is the “black experience” offered at an HBCU according to the participants in the

documentary?  Do you think that is what you get here at School?

 

2.       What is the downside of the “black experience”?  What is your personal view of the balance?

 

3.       What do you think about the place of the history of HBCUs in how you develop as a business

student and then the business person?  Could it be detrimental to your development and your ability to

get started in your career?

 

4.       How well prepared do you think you will be for the business world when you graduate from graduate

at university?  Are there things you think you should be getting here in preparation that you are not

getting?  Be specific.

 

5.       What do you think about the future of HBCUs as institutions of higher education?

 

6.       Do you expect to give money back to School when you are successful?  (I will not report your

answer to anyone!)

 

***** Please check the Plagiarism 0 %

 

***** Each question have the reference.