27. LO.4 Kay, who is not a dealer, sold an apartment house to Polly during 2013. The closing statement for the sale is as follows:Total selling price $ 190,000Add: Pollyâs share of property taxes (6 months) paid by Kay 3,000Less: Kayâs 8% mortgage assumed by Polly $55,000Pollyâs refundable binder (âearnest moneyâ) paid in 2013 1,000Pollyâs […]
SHORT SYNOPSIS OF LAB WITH SUPPORT FROM RESULTSABSTRACTThis lab demonstrated the differences between normal and abnormal urine through theadministration of a urinalysis test on the subjects urine. The physical characteristics of normalurine, such as color, cloudiness, and odor, as well as variables that can often indicateabnormalities were understood through..IF/THAN STATEMENT PREDICTING THE OUTCOME OF THELABHYPOTHESISPROCEDUREProcedure1. […]
Part A MULTIPLE CHOICE and TRUE/FALSE (1 mark each x 15 questions = 15 marks).Choose the one alternative that best completes the statement or answers thequestion.1. The globalization of business activity has resulted in which of the following?a. Increased corruption and unethical behavior.b. The FASB and IASB working jointly on a project to converge accounting […]
Please answer the following questions giving all details.1. The bar chart, pie chart, and the Pareto diagram for the estimated green power sales byrenewable energy source in 2008 are given below. Based on this information, what conclusionscan you reach about the sources of green power?Bar ChartWindUnreportedecruoSSolarLandfill mass and biomassHydroGeothermal0102030405060Pie Chart Geothermal3%Hydro11%Landfill massand biomass28%Wind55%Solar0%Unreported3%Pareto DiagramdtopernUmrhtoeGlasmlifdnaLsamoibordyHraloS100%90%80%70%60%50%40%30%20%10%0%Wdni60%50%40%30%20%10%0%SourceSource: National […]
Penn Foster 06160900 – The Accounting ModelDaniel Company reported the following items on its financial statements for the current year:Sales $260,000Costs of Goods Sold $90,000Salary Expense $40,000Interest Expense $17,000Dividends $20,000Income Tax Expense $32,0001. What amount will Daniels report on its income statement for total expenses? a. $130,000 b. $158,000 c. $179,000 d. $210,0002. Assume that […]
BAM 513Financial ManagementMultiple Choice Questions (Enter your answers on the enclosed answer sheet)1)Which of the following legal forms of organization is characterized by limitedliability?c.Professional partnershipd.Sole PROPRIETORe.Corporationf.Partnership2) The financial manager may be responsible for any of the following EXCEPTa.keeping track of quarterly tax payments.b.analyzing quarterly budget and performance reports.c.analyzing the effects of more debt on the […]
The revolutionary science we will consider this semester will be a mashup of several ideas: 1) Quantum effects in biological systems, 2) Intelligence in slime moulds, 3) Consciousness, and 4) Anesthesia. All of these areas independently have large unknown areas and many controversies surrounding current theories but there is some overlap and […]
1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded byYour Answer: crediting the common stock account debiting an additional paid-in capital account crediting the retained earnings account crediting an additional paid-in capital account Points Received: 4 […]
1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 […]
1) Baker, a branch manager, is allowed a bonus of 10% of income after bonus and tax. If the tax rate is 30% and income before bonus and tax is $200,000, what is Mr. Baker’s bonus?2)Blocker, Inc. had $10,000 of notes coming due on January 10, 2011. On January 5, 2011, the company used $2,000 […]
