2. A professor records the number of students who complain each week throughout the semester. If the class size is forty students, what are 3-sigma control limits for this class? Construct a control p-chart and interpret the data. Is the process in control?
(See attachment for chart)
Need discussion board type answers to the following questions. No word length, but must be substantial.
1. Why is the difference between a sign and a symbol so crucial to understanding the nature of human language? Is there a relationship between a culture’s basic socio-cultural patterns and the ways in which its members use language?
2. Can you think of ways in your own lives that sex or gender have an effect on what you ordinarily do?
Optional Credit possibility: In some cultures a woman may marry another woman and a man may marry another man. What does this tell us about the relationships among sex, gender and life in society? In those societies? or in general?
3. What generalizations can you make about the relationships among environment, technology and carrying capacity? Optional Credit Possibility: Some scholars have suggested that ultimately the development of food growing technologies around 10,000 B.C.E. can be thought of as a disaster for human socio-cultural life. Put together some arguments supporting and some arguments contradicting this argumernt
4. What conditions do you think are necessary for a society to adopt large or small kin groups as a major organizing system? Optional Credit possibility: What are some of the functions of large extended kin groups in the societies in which they are found?
5. Can you suggest a factor or factors that have contributed to the emergence of stratified societies? Optional Credit possibility: What is the evidence leading to the assertion that social stratrification is not a natural outgrowth of human nature?
6. How do the ideas of Means of Production and their ownership/control help you to understand the political and economic arrangements of the contemporary world
7. You need to deal with only one of these, but, of course, you may deal with both. 1) Is there a necessary conflict between science and religion? 2) What is your response to the idea that there are peoples in the world whose local languages do not have a word that can be translated as “art,” but who still have some highly developed arts? Either one of these would be suitable for an Optional Credit essay.
8. Do you think globalization always puts emerging nations at a disadvantage? What is your evidence? Optional Credit possibility: Can you see some ways in which some of the processes we include in “globalization? are also gendered?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Principles of Accounting 1
1) When calculating the employee’s payroll the clerk forgot about the wage base limits. What impact could this error cause on the employee’s check?
a. SUTA could be overstated
b. FICA-OASDI could be overstated
c. FUTA could be overstated
d. All of the above
2) The term used when the seller is responsible for the cost of freight is:
a. Purchases.
b. F.O.B. destination
c. F.O.B. shipping point.
d. Freight-in.
3) When the adjustment for depreciation is made:
a. Total liabilities increase.
b. Total expenses decrease.
c. Total assets decrease.
d. None of the above.
4) To records receipt of money after an account has been written off using the direct method, you would need to:
a. Record the receipt of cash.
b. Credit Bad debts recovered.
c. Reopen the customer’s account receivable
d. All of the above
a. Credit interest expense and debit interest income.
5) An adjustment that must be made for the accrued interest on a note payable is to:
a. Debit interest expense and credit interest payable
b. Debit interest expense and credit interest income.
c. Debit interest expense and credit cash.
d. Credit interest expense and debit interest income.
6) If a company does not pay its note payable on the agreed upon date, the note:
a. Is discounted at a higher rate of interest
b. Is automatically placed in collection with an outside agency.
c. Is dishonored by the vendor.
d. Is renewed automatically for the same period of time.
7) Budgeting for items such as equipment and furniture would be considered:
a. General expenses.
b. Capital expenses.
c. Capital expenditures.
d. General expenditures.
8) The exclusive right to produce and sell a manuscript is called a:
a. Goodwill
b. Patent
c. Copyright
d. Franchise
9) Double-declining-balance method is used in the first year when straight-line should be used. The error would cause:
a. The period end assets to be overstated
b. The period’s net income to be understated
c. The period’s net income to be overstated.
d. None of the above.
Introduction to Accounting
1) Azucks is a socially responsible American company engaged in the manufacture of sports shoes. The CEO cautions that there is a disadvantage associated with the company planning increased globalization of production. Which of the following is the most likely disadvantage he is referring to?
a. Heavy job losses can ensue in the domestic market.
b. Greater disparities in living standards will emerge.
c. Trade barriers will be reduced between countries.
d. Substantial job losses will occur in developing markets.
2) Entrepreneurs often have more than one goal for starting a business and becoming self-employed. Which of the following reasons is the LEAST common goal of entrepreneurs?
a. Seek independence and be their own boss
b. Earn a comfortable living for a period of time
c. Grow and expand a current business
d. Meet community or social obligations
3) What is the most important source of money for new business start-ups?
a. Banks
b. The small business administration
c. Personal resources
d. Government grants
4) Why do attitudes about entrepreneurship vary internationally?
A. Decision making in big business can overlook local customs.
B. Attitudes towards risk-taking in business are culturally determined.
C. Consumer attitudes are influenced by economic cycles.
D. Foreign-owned companies can be unresponsive to local markets.
5) Which factor plays a key role in determining an organization’s structure?
a. Competition and technology
b. Location and life-cycle stage
c. Profitability and leverage
d. Mission and strategy
6) Marketing managers often support the activities of political action committees (PACs). In doing this, which environment are they attempting to influence?
a. Competitive
b. Economic
c. Technological
d. Political-legal
Personal Finance
1) Which of the following items is not a liability?
a. The balance due on your credit card
b. The wages you give up to take a class
c. Your college loans
d. An IOU to your roommate.
2) Which of the following would increase your liquid assets?
a. Putting more of your salary in a 401(k)
b. Buying a new car
c. Buying rental property
d. Making regular deposits to a savings account at your bank
3) Yogi Berra Jr. has agreed to play for the New York Mets for $4 million per year for the next 10 years. What table would you use to calculate the value of this contract in today’s dollars?
a. Present value of a single amount
b. Present value of an annuity
c. Future value of a single amount
d. Future value of an annuity
4) Which of the following is a disadvantage of using credit?
a. Shopping convenience
b. Capacity to access credit in the future
c. Ease of returning merchandise
d. Slowing of progress toward financial goals
5) Which of the following costs associated with home ownership is hardest to budget?
a. Mortgage payments
b. Repairs
c. Insurance
d. Taxes
6) Which risk management alternative is feasible when the likelihood of an event that could cause a financial loss is very low and the potential financial loss due to the event is small?
a. Avoid risk
b. Reduce risk
c. Accept risk
d. Insure against risk
7) The amount of damage you will be required to cover if your car is involved in an accident that is your fault is your:
a. Co-payment
b. Premium
c. Deductible
d. Fair share.
8) A company’s earnings are $3.00 per share, its dividend is $2.00 per share, and its stock price is $30.00 per share. Its PE ratio is:
a. 33
b. 10
c. 15
d. 1.5
9) Investing in which of the following funds will typically give you the least diversification?
a. Capital appreciation funds
b. Equity income funds
c. Sector funds
d. Growth funds
10) In determining the amount of money you will need for retirement, you should consider all of the following except:
a. The expected cost of living due to inflation
b. Inheritance from you children
c. The number of years you will live while retired.
d. Your personal needs and who else you will be supporting.
Picasso Restoration Company completed the following selected transactions during August 2012:
Aug. 1 Established a petty cash fund of $750
10. The Cash Sales for the day, according to the cash register records, totaled $9780. The actual cash received from cash sales was $9800.
31 Petty Cash on Hand was $240. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:
Aug. 3 Store Supplies, $251
Aug 7 Express charges on merchandise sold, $60 (delivery expense)
Aug 9 Office Supplies, $20
Aug. 13 Office Supplies, $30
Aug. 19 Postage Stamps, $11 (Office Supplies)
Aug. 21 Repair to office file cabinet lock, $40 (Misc. Administrative Expense)
Aug. 22 Postage due on special delivery letter, $18 (Misc. Admin. Expense)
Aug. 24 Express charges on merchandise sold, $50 (Delivery Expense)
Aug. 30 Office Supplies, $15
Aug. 31 The cash sales for the day, according to the cash register records, totaled $11,200. The actual cash received from cash sales was $11,130
Aug. 31 Decreased the petty cash fund by $100
Requirement: Journalize the transactions
The following income statement items appeared on the adjusted trial balance of Foxworthy Corporation for the year ended December 31, 2011 ($ in 000s): sales revenue, $22,300; cost of goods sold, $14,500; selling expenses, $2,300; general and administrative expenses, $1,200; dividend revenue from investments, $200; interest expense, $300. Income taxes have not yet been accrued. The company’s income tax rate is 40% on all items of income or loss. These revenue and expense items appear in the company’s income statement every year. The company’s controller, however, has asked for your help in determining the appropriate treatment of the following nonrecurring transactions that also occurred during 2011 ($ in 000s). All transactions are material in amount.
a. Investments were sold during the year at a loss of $300. Foxworthy also had unrealized losses of $200 for the year on investments accounted for as securities available for sale.
b. One of the company’s factories was closed during the year. Restructuring costs incurred were $2,000.
c. One of Foxworthy’s manufacturing facilities located in a foreign country was expropriated. A loss of $800 was recognized. The event is considered to be unusual and infrequent.
d. the year, Foxworthy completed the sale of one of its operating divisions that qualifies as a component of the entity according to GAAP regarding discontinued operations. The division had incurred operating income of $800 in 2011 prior to the sale, and its assets were sold at a loss of $1,800.
e. In 2011, the company’s accountant discovered that depreciation expense in 2010 for the office building was overstated by $300.
6. Foreign currency translation gains for the year totaled $600.
Required: Prepare Foxworthy’s combined statement of income and comprehensive income for 2011, including basic earnings per share disclosures. Two million shares of common stock were outstanding throughout the year.
Class Exercise: Symbolic Interaction Theory
Cipher in the Snow
Attached is a short story by Jean Mizer entitled “Cipher in the Snow”. Please read the story then analyze it using concepts from Mead’s Symbolic Interaction Theory. Specifically:
Looking Glass Self: What do you suppose the boy saw when he “looked in the mirror”? Why do you think he perceived himself in that way?
Pygmalion Effect: Do you see the Pygmalion effect working in this story? How? How did it affect the boy’s behavior/self concept? How did it affect his communication with others?
Particular Others: Who were the boy’s particular others? How do you think they affected his sense of self?
Generalized Others: Who were the boy’s generalized others? How do you think they affected his sense of self?
Self Fulfilling Prophecy: Was a self fulfilling prophecy operating in this story? What was it? How do you think it occurred?
General Questions
1. Generally speaking, how do you think Mead’s concepts of Mind, Self, and Society operated to “cause” this young man’s death?
2. Do you think Mead’s Symbolic Interaction Theory provides a good theoretical framework for understanding what happened in this story? Why or why not?
3. Can you think of an example from your own life where Symbolic Interaction Theory was at work?
2) The Coordinated Management of Meaning
A Hypothetical Negotiation Between Two Business Executives
Directions: Below is a hypothetical negotiation between two business executives. Read the negotiation and then answer the questions which follow.
Business Executive #1: Sam from the United States
Business Executive #2: Yoshio from Japan
Sam’s Perspective: This is a business negotiation. During a business negotiation it is appropriate to state one’s business, make offers and counter offers, use negotiation tactics to gain as much as possible, and then return home. Topics of conversation such as families, hobbies, religion, or politics are inappropriate. Brief inquiries about family or short discussions about sports can be used as small talk to break the ice, but the goal is to get down to business right away. Sam has been away from home for over a week and is eager to get back to her family.
Yoshio’s Perspective: This is a business negotiation. Business transactions are an extension of one’s social and family life. One would not do business with strangers. Therefore, a lot of time must be spent developing relationships before negotiating any business contracts.
Here is the Conversation:
Sam: It is very nice to meet you. Shall we get down to business?
Yoshio: Fine. I thought we might go to dinner tonight, then to the Kabuki tomorrow. I want to show you my country because it is your first visit to Japan.
After several days of social activities, Sam is growing increasingly impatient. Yoshio is feeling rushed by Sam’s insistence on discussing the contract. They begin contract talks.
This is the conversation:
Sam: This is my last price. Take it or leave it! I have to be back at my desk on Monday and this is the best I can do.
Yoshio: I know you are trying to give us a good price for our products.
Sam: It’s a deal, then…?
Yoshio: (long silence…)…
Sam: Fine. I’ll have my people draw up the papers for your approval. We’ll meet here again tomorrow.
Yoshio: Yes, I’ll see you tomorrow…
Sam’s Interpretation: Fabulous! They agreed to all our terms! The Japanese are easier to negotiate with than I thought. I’ll be on a plane home by noon tomorrow!
Yoshio’s Interpretation: How rude Americans are!! I can see we have our work cut out for us if we are ever going to agree on a contract. To threaten us with words like, “take it or leave it”! And, how uncivilized to refuse our hospitality! Tomorrow will be a very long day!
Discussion Questions:
3)
Part I: Multiple Choice (worth 1 point each)
Directions: Below are 30 multiple choice questions. Please indicate the best answer from the selections given.
1. One of the issues to consider in defining communication is intentionality. Which of the following best exemplifies the belief that communication must be intentional?
a. communication is goal-oriented behavior
b. communication is any interpretation of meaning
c. communication is the perception of power
d. communication is a means by which truth is established
2. Having a conversation with someone over walkie-talkies is an example of which model of the communication process?
a. linear
b. interactional
c. transactional
d. Information transfer
3. Communication is considered transactional when
a. a person waits to hear feedback after sending a message
b. the people communicating send and receive messages simultaneously
c. one person is responsible for sending the message; the other person is responsible for understanding the message
d. each element of the communication process is not connected to the others
4. Selecting the word rage to label your feeling of anger is a process known as
a. feedback
b. decoding
c. encoding
d. semantics
5. I define communication as “the social process of creating meaning.” Based on my definition of communication, which of the following theoretical questions is most likely to interest me?
a. does increasing the strength of the arguments in a message lead to an increase in that message’s persuasiveness?
b. what are the communication strategies people use to defend themselves when someone is insulting them?
c. how do communicators reduce apprehension when they meet someone for the first time?
d. how do lovers co-create meaning within their relationships?
6. Littlejohn defines a theory as “any conceptual representation or explanation of a phenomenon.” Based on our class discussion, why is it important to notice the word “OR” in this definition?
a. it narrows the definition by making it too inclusive
b. it broadens the definition by including many approaches to theory
c. it strengthens the definition by making anything a theory
d. all of the above
e. none of the above
7. The ultimate goal of communication theory development is to produce an accumulating body of reliable knowledge enabling us to
a. predict, explain, and control communication behavior
b. explain, predict, and manipulate communication behavior
c. predict, understand, manipulate communication behavior
d. explain, manipulate, dominate communication behavior
8. A theorist wonders, “What are the communication strategies people use to end relationships?” In which goal of theory is the theorist primarily interested?
a. understanding
b. explanation
c. prediction
d. control
9. How do the concepts and theories people use in their everyday lives differ from what communication theorists try to do?
a. theorists’ concepts are more abstract; everyday concepts are more concrete
b. everyday concepts are more abstract; theorists’ concepts are more concrete
c. theorists try not to generalize because they want to explain specific communication behavior
d. everyday theories are falsifiable (i.e., can be found to be incorrect), academic theories are not
10. Conclusions drawn from metatheoretical discussions determine
a. what communication phenomenon the theorist observes
b. how the theorist should observe the phenomenon
c. what perspective on communication (laws, rules, systems. Rhetoric, etc.) the theorist will take
d. all of the above
e. none of the above
11. “Communication is a social endeavor” is a(n) assumption
a. ontological
b. epistemological
c. axiological
d. none of the above
12. A theorist who asks, “Should I develop a theory that will change society’s view of gay marriage?” is asking him/herself a question that pertains to the area of
a. ontology
b. epistemology
c. axiology
d. phenology
13. According to class discussion, we have so many different communication theories because
a. communication scholars hold different metatheoretical assumptions
b. communication scholars define communication in many different ways
c. communication scholars adhere to different assumptions that guide ways of knowing or discovering the world
d. all of the above
e. none of the above
14. A communication scholar who uses the covering laws approach is essentially trying to uncover
a. the social norms that influence our communication behaviors
b. cause and effect relationships between communication variables
c. why certain people achieve success in communication and others do not
d. cognitive schemata people use to interpret events
15. As classroom size increases, level of student participation decreases. This hypothesis is an example of a
a. a contextual law
b. a reliable law
c. a positivistic law
d. a probabilistic law
16. Communication rules tell us
a. whether a problem is historical or psychological
b. the difference between encoding and decoding
c. what behavior will result under a given set of circumstances
d. what kinds of behavior are appropriate in a given context or relationship
17. Which type of data would a rules perspective theorist be most happy analyzing?
a. responses to paper and pencil tests or surveys
b. actual dialogue from two people in conversation
c. responses to yes/no questions answered over the phone
d. frequency data from polling people individually
18. The following are possible explanations for the amount of distance between two people when they are speaking to one another. Which of the following best represents a rules approach?
a. if you violate an individual’s personal space they will feel threatened
b. people who want others to like them should use the distance between them to show how they feel
c. if you violate an individual’s personal space, he or she will move away from you
d. Our reaction to someone violating our space is the end result of being confronted with negative stimuli.
19. Sophia wants to answer the theoretical question, “Is birth order is related to communication apprehension?” She asks students who have one or more siblings to complete a survey that measures a person’s level of apprehension. Which paradigm is influencing Martha’s choice of research methods?
a. empiricism (i.e., she’s a social scientist)
b. humanism (i.e., she’s a humanist)
c. the systems perspective
d. the rules perspective
20. True or False? Systems theorists believe you can study a part of the communication process (e.g., the sender of the message) in order to fully understand how communication functions in the real world.
a. true
b. false
21. True or False? The property of a system known as calibration is the system’s ability to achieve the same goals through different methods or means.
a. true
b. false
22. Rhetoricians who want to “put things into an intelligible frame” have which of the goals of theory as their primary goal of theory building?
a. understanding
b. prediction
c. control
d. all of the above
e. none of the above
23. Theories about communication phenomena
a. include definitions of concepts
b. may include explanations about the relationships between and among concepts
c. concern abstract ideas
d. all of the above
e. none of the above
24. Imagine, for a moment, two different images: Imagine (1) Dr. Hubbard giving a lecture last Wednesday, and imagine (2) the use of “effective instructional techniques”. Which of the following statements BEST distinguishes between these two images?
a. image 1 is a concept, image 2 is a concrete event
b. image 1 is a concrete event, image 2 is a concept
c. image 1 is a concept, image 2 is a theory
d. image 1 is a building block of theory, image 2 is not
25. All theories must
a. contain causal necessity
b. contain practical necessity
c. be logically consistent
d. include hypotheses
26. The statement, “flattery leads to liking” indicates which type of necessity?
a. causal
b. practical
c. academic
d. temporal
27. When you flatter a friend because you want that friend to like you, what kind of necessity is operating in your behavior?
a. causal
b. practical
c. academic
d. temporal
28. A theory which contains only a few simply stated propositions instead of many elaborate propositions is said to be
a. heuristic
b. parsimonious
c. valid
d. testable
29. Edwin went to the library to learn more about a particular theory which attempts to explain the types of communication strategies used by women to end long-term relationships. In the process of investigating this theory, he discovered that many research studies had been conducted to “test” the theory. He concludes that the theory is a “good” theory because it passed the evaluation criteria of
a. scope
b. parsimony
c. heurism
d. validity
30. When you are unable to see the concepts explained in a theory operating in real life, the theory does not have
a. precision
b. scope
c. validity
d. power
Please Continue to Part II on Next Page….
Part II. Ontological, Epistemological, and Axiological Assumptions
Directions: Please complete the table and then answer the questions that follow. (10 points total)
|
Social Scientist |
Humanist |
Ontological Assumptions
-What are each of the theorist’s assumptions about how communication functions in the real world? What constitutes communication to each of them?
In other words, how would the two types of theorists answer the three ontological questions? (3 points total)
|
|
|
Epistemological Assumptions
-What counts as knowledge for each of the theorists?
– How does each theorist acquire knowledge?
In other words, how would the two types of theorists answer the four epistemological questions? (4 points total)
|
|
|
Axiological Assumptions
-What are the assumptions regarding the role of values in one’s theories and research?
In other words, how would the two types of theorists answer the three axiological questions? (3 points total) |
|
|
1. Given the table you just completed, how do you think the social scientist’s and the humanist’s theories of communication will differ? Specifically comment on (a) how the theorists’ goals of theory will differ, (b) how their explanations will differ, and (c) how they will differ in the methods used to test their theories. (6 points total)
Executive and Managerial Plan (30 pts)
Please read the case on the textbook Page 337, “Strategic Forecasts and Staffing Formulation: Executive and Managerial Planning for Bosch-Kazakhstan”. Complete the task on Page 341: Executive and Managerial Planning (EMP) for a subsidiary in Kazakhstan.
Taking the role of HR manager at Bosch, you must address the following four items:
1. 1. Considering the facts about Kazakhstan, please discuss which staffing strategy – according to the EPRG Model by Perlmutter – would be the most suitable for Kazakhstan. Please justify your answer. Comment on the advantages and the disadvantages of your decision.
2. 2. Analyze the company and country-specific situation by using the steps outlined in the figure on Page 342. Plan the number and nature of short/medium-term (2007-2010) as well as long-term (2011-2014) staffing requirements for Bosch Kazakhstan in analogy to the strategic company goals. The staffing plan should consider the sources of staffing (expatriates, employees of the local Management Development plan or special programs such as the JMP program or external local staff).
3. 3. Fill in your figures in the planning chart on Page 343.
4. 4. Finally, prepare an action plan describing how you will meet managerial staffing targets. Look especially at information provided in the “Employee development” and “Talent management” sections of the case for activities and timetables. Write down your action plan.
Your paper should be 5 to 7 pages in length (single space) not counting the Title and References page. The in-text citations and references should be in APA format. The font you use should be Times New Roman, black, 12pt.
Your Executive and Managerial Plan will be graded based on the following rubric (30 pts):
|
Excellent (6 – 5 points) |
Good (4 – 3 points) |
Average (2 points) |
Unsatisfactory (1 – 0 point) |
Content and Research | Demonstrates a comprehensive understanding of the topics and issues. Clearly addressed all four items
The paper is written through thorough research and understanding of the international human resource management challenges. | Demonstrates a basic understanding of the topics and issues. Some concepts require minor clarification. Addressed three out of four items.
The paper demonstrates research of the information but requires further development.
| Demonstrates some understanding of the topics and issues. Some concepts are confusing. Addressed two out of four items.
The paper demonstrates some research of the information but lacks in development. | Paper is clearly lacking in understanding of the topics and issues. Addressed only one or none item.
The research and development for the paper are inadequate. |
Analysis
| Presents an insightful and thorough analysis of all issues identified. Supports opinions with strong arguments and evidence. Presents a balanced and critical view. Interpretations are reasonable and objective.
| All issues have been analyzed but some need clarification. Some opinions need stronger support of arguments and evidence. | Not all issues are analyzed. Several opinions need stronger support of arguments and evidence. | Analysis and arguments are inadequate. |
Action Plan | Presents a detailed, realistic, and appropriate action plan clearly supported by the information presented and concepts from the readings.
| Presents a good action plan but some need further clarifications. | Presents a good action plan but some items are either too vague or unrealistic.
| The action plan is either too vague or unrealistic, or no action plan at all. |
Mechanics | There are no grammatical or spelling errors. All format requirements are followed.
| There are less than two grammatical, spellings, or format errors. | There are three to five grammatical, spellings, or format errors. | There are more than five grammatical, spellings, or format errors.
|
APA Style | Paper follows all the guidelines of APA 6th edition
| There are less than two APA errors in in-text citations or references. | There are three to five APA errors in in-text citation or references.
| There are more than five APA errors in in-text citations and references. |
Prepare the April 18 and May 30 journal entries to record these transactions
4) Journ Co. purchased short-term investments in available-for-sale securities at a cost of $50,000 on November 25, 2013. At December 31, 2013, these securities had a fair value of $47,000. This is the first and only time the company has purchased such securities
Prepare the December 31, 2013, year-end adjusting entry for the securities’ portfolio
5) On February 1, 2013, Garzon purchased 6% bonds issued by PBS Utilities at a cost of $40,000, which is their par value. The bonds pay interest semiannually on July 31 and January 31. For 2013, prepare entries to record Garzon’s July 31 receipt of interest and its December 31 year-end interest accrual. (Do not round your intermediate calculations.)
Record the interest revenue on July 31, 2013
Record the interest accrued on the bonds as of December 31, 2013.
6) On May 20, 2013, Montero Co. paid $1,000,000 to acquire 40% of ORD Corp.’s outstanding stock. Also assume that ORD Corp. paid a $100,000 dividend on November 1, 2013. Prepare the journal entry to record the dividend on November 1, 2013.
7) On May 20, 2013, Montero Co. paid $1,000,000 to acquire 25,000 common shares (10%) of ORD Corp. as a long-term investment. On August 5, 2014, Montero sold one-half of these shares for $625,000. |
| What valuation method should be used to account for this stock investment? |
| [removed] | Equity method |
| [removed] | Fair value method |
Prepare entries to record both the acquisition and the sale of these shares. On May 20, 2013, Montero Co. paid $1,000,000 to acquire 25,000 common shares (10%) of ORD Corp. as a long-term investment. On August 5, 2014, Montero sold one-half of these shares for $625,000. |
E7-9
This information relates to the Cash account in the ledger of Hawkins Company.
Balance September 1—$16,400; Cash deposited—$64,000
Balance September 30—$17,600; Checks written—$62,800
The September bank statement shows a balance of $16,500 at September 30 and the following memoranda.
Credits Debits
Collection of $1,800 note plus interest $30 $1,830
Interest earned on checking account 45
Debits
NSF check: H. Juno $560
Safety deposit box rent 60
At September 30, deposits in transit were $4,738 and outstanding checks totaled $2,383
Prepare bank reconciliation and adjusting entries.
A. Prepare the bank reconciliation at September 30, 2012.
B. Prepare the adjusting entries at September 30, assuming (1) the NSF check was from a customer on account, and (2) no interest had been accrued on the note.
Eazyweezyhomeworks.com is a custom writing service that provides online on-demand writing work for assistance purposes. We are using Google Analytics to enhance your experience. No personal data is being tracked.
Using this service is LEGAL and IS NOT prohibited by any university/college policies. You are allowed to use our model academic papers for revision purposes only
mail:
support@acegraderesearch.com
WhatsApp:
Phone: +1 (5188) 418-5947