Topic 1 - Cause and solution of Air pollution Question 1 Air pollution has been a concern for many decades and experts in the field have been working to understand the causes in order to reduce them, what are the main causes that we see today and to what extent has the problem been reduced within the context of the EU? Support your views with relevant examples. Question 2 Will electric cars provide a sustainable solution? Electric cars have several benefits over conventional engines, including a significant reduction of local air pollution, especially in cities, as they do not emit harmful pollutants such as hydrocarbons and carbon monoxide but what are the drawbacks and concerns?
4-56. The rigid bar supports the 4-kN load. Determine the normal stress in each A-36 steel cable if each cable has across-sectional area of 25 mm^2. 4-57. The rigid bar is originally horizontal and is supported by two A-36 steel cables each having a cross-sectional area of 25 mm^2. Determine the rotation of the bar when the 4-kN load is applied.
Extra Credit (10 pts): On January 1, 2014, Cassandra Incorporated paid $300,000 for 60% of Hecuba Company's outstanding capital stock. Hecuba reported common stock on that date of $250,000 and retained earnings of $100,000. On that date, • Hecuba's equipment with a 5-year remaining life was undervalued by $10,000; • Hecuba's buildings with a 10-year remaining life was undervalued by $60,000; • Any remaining fair value/book value differential is allocated to goodwill. The income statements for the year ended December 31, 2014 of Cassandra and Hecuba are summarized below: Sales Income from Hecuba Cost of sales Depreciation equipment Depreciation - buildings Net Income Cassandra I/S Hecuba I/S $1,000,000 $400,000 Hecuba's net income and dividends paid the first two years that Cassandra owned them are shown below. Net Income Dividends paid $80,000 $30,000 10,000 2014 2015 a. b. d. MUST SHOW your calculations for: 43,200 (400,000) (120,000) (200,000) $323.200 Required: 1) Prepare a schedule to assign the difference between the fair value of the investment in Hecuba and the book value of the interest to identifiable and unidentifiable net assets AND to amortize identifiable net assets for each of the two years. (200,000) (40,000) (80.000) $80,000 90,000 Total excess over book value calculation (both implied value and book value of 100% Hecuba) Assigned amounts for identifiable net assets and goodwill Amortization expenses for 12/31/14 AND unamortized excess on 12/31/14 Amortization expenses for 12/31/15 AND unamortized excess on 12/31/15
Listed as follows are nine technical terms used in this chapter. Liquidity Adequate disclosure Income Summary Nominal accounts After-closing trial balance Interim financial statements Real accounts Closing entries Dividends Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not describe any of the items. a. The accounting principle intended to assist users in interpreting financial statements. b. A term used to describe a company's ability to pay its obligations as they come due. C. A term used in reference to accounts that are closed at year-end. d. e. A term used in reference to accounts that are not closed at year-end. A document prepared to assist management in detecting whether any errors occurred in post- ing the closing entries. f. A policy decision by a corporation to distribute a portion of its income to stockholders. g. The process by which the Retained Earnings account is updated at year-end. h. Entries made during the accounting period to correct errors in the original recording of com- plex transactions.
CH02: If you are business Bookkeeper, please provide a business transaction example to the following accounting records changes: Example: One Asset Increase, Another Asset Decrease: Purchase inventory with Cash. Transaction 1: One Asset Increase, A Liability Increase Transaction 2: One Asset Decrease, A Liability Decrease
Write an essay to discuss the differences between working in public accounting versus private/corporate accounting, the regulations/standards governing them, as well as your career goal and interest.
2. Read the article "Disclosure Prominence and the Quality of Non-GAAP Earnings". Create a structured abstract of the article, and explain the relevance of prominence of non-GAAP earnings disclosures for CFOs of companies considering issuing EPS guidance.
1) Peter Inc. acquired 100% of the outstanding Common Stock of Simran Inc. for $ _____ cash and ______,shares of its own common stock ($1 par value), which was trading at $ ________ per share at the acquisition date. (a) Determine the Acquisition Cost. (b) Pass Journal Entry in the Book of Parent Company.
MBIA INITIAL COUNTRY RESEARCH REPORT GUIDELINES Concept and purpose The three-part semester-long country research projects will be based on one country that is selected by the entire using a majority vote system. Students will cast their votes in a discussion forum assignment. All teams in the class research the same country, which can support collaboration and knowledge sharing about relevant sources for cour specific data. For this initial team report, teams will research two broad topics related to 1) trade and monetary environment an international opportunity and potential market entry into the target country. The findings of this Initial Cou
