...This archive file of ACC 440 Final Exam Test comprises: 1) The equity method of accounting for a stock investments requires that an investor recognize its share of earnings in the period in which the 2) Which of the following observations is consistent with the equity method of accounting? 3) Under the cost method of accounting for a stock investment, the differential 4) Byner Corporation accounts for its investment in the common stock of Yount Company under the equity method. Byner Corporation should ordinarily record a cash dividend received from Yount as 5) On January 1, 2007, Yang Corporation acquired 25 % of the outstanding shares of Spiel Corporation for $100,000 cash. Spiel Company reported net income of $75,000 and paid dividends of $30,000 for both 2007 and 2008. The fair value of shares held by Yang was $110,000 and $105,000 on December 31, 2007 and 2008, respectively. What amount will be reported by Yang as balance in investment in Spiel on December 31, 2008, if it used the equity method of accounting? 6) On January 1, 2007, Yang Corporation acquired 25 % of the outstanding shares of Spiel Corporation for $100,000 cash. Spiel Company reported net income of $75,000 and paid dividends of $30,000 for both 2007 and 2008. The fair value of shares held by Yang was $110,000 and $105,000 on December 31, 2007 and 2008, respectively. What amount will be reported by Yang as income from its investment in Spiel for 2008, if it used the equity method...
Words: 394 - Pages: 2
...Currently, I approach weekly course reading material in a fairly unconventional way. My weekdays are usually incredibly hectic between my job of working with my clients and my day to day personal life with my children, so finding any quality reading time is hard during the day time hours. I generally have all reading material downloaded to my laptop in advance as we all should so I can get in a bit of reading time during my break time and my clients nap time. The problem with this is, even though it is quiet and my break time, there is still quite a bit of activity going on around me having to deal with small odds and ends, breaking any concentration I have and understanding of the text. I do get a small amount of time in peace when I get home and right before the kids get home after school in which I use to get in some reading and study time. This time is definitely quality time as my concentration is at its greatest and I can get something done. The night hours, usually after dinner, is where things have been really difficult as this is the time where the bulk of my study and reading time is. Thankfully my fiancée has begun to rectify this problem for me (when he is home from work himself) by keeping the kids busy with various things and away from me during this time so I can actually get quite a bit done in peace and...
Words: 257 - Pages: 2
...sharing area and the final submission must be available for the team to review and approve each week. Approval can be achieved by downloading the document. If you have disagreements, it is critical to contact your project leader and get a correction posted immediately. The professor should be notified of any disagreements. If the statement of participation is not submitted, the entire team will receive the same grade (including any point loss from other team members). I. Team Information PROJECT NAME: | MEMBER NAME | # | PHONE # | | EMAIL | | MEETING AVAILABILITY | Jade Xiong | 1 | | | | | Monday at 5 / email/ phone | Raquel Godoy | 2 | | | | | Monday at 5/ email/ phone | Genaro Zavala | 3 | | | | | Monday at 5/ email /phone | | 4 | | | | | | | 5 | | | | | | | 6 | | | | | | II. Weekly meeting schedule The most successful teams schedule at least (2) meetings a week throughout the course. Scheduling standing meetings allows everyone to schedule this time in advance and coordinate other activities around the scheduled meeting times. Meetings can change, based on the project leader for the week, however, it is highly recommended that you set a meeting based on the majority team availability. In addition to setting meetings, the most successful teams also set a deadline for drafts to be turned into the project leader each week. Putting this structure in place early in the course will help the team to achieve a high level...
Words: 1698 - Pages: 7
...Week One – DQ 1, What is the definition of marketing? What are the benefits and drawbacks of incorporating marketing into the sales function of an organization? Do you think that marketing should be included as part of the sales organization within a company? Explain why or why not. Marketing is the foundation, direction, and/or functions an entity uses to produce a product, service, or idea and makes certain that the product, service, or idea they produce reaches consumers. There are a couple benefits and drawbacks to incorporating marketing into the sales function of an organization. The benefits of incorporating marketing into the sales function of an organization is the marketing function can decrease operating expense defining the consumer’s needs and wants which will decrease the cost. The drawbacks of incorporating marketing into the sales function of an organization deals with micro marketing and macro marketing. Being socially responsible and ethical to both, consumers and non consumers, may increase sales costs, due to production costs, and decrease sales profits (Perreault, Cannon, McCarthy, 2011). I do feel that marketing should be included as part of the sales organization within the company because services that the company provides in a marketing sales aspect can apply the analysis so that the consumers needs and wants can be analyzed. Perreault, W. D. Jr., Cannon, J. P., & McCarthy, E. J. (2011).Basic marketing: A marketing strategy planning approach (18th...
Words: 584 - Pages: 3
...Terrell Franklin Grantham University GS102 Week 1 02/03/2014 Properties Of Life The Properties Of Life The definition of life from what I learned is, that a living organism on Earth is an entity containing protein and/or nucleic acid, that imposes its form and function on another entity inorder to convert that entity into its own form and function, and does so in order to persist and reproduce itself. In this paper I will discuss the nine properties and how things like a virus, prion, and viroid can reproduce, but are not considered to be alive. Also how things like these that are not considered to be alive can “evolve”? Viruses reproduce via bacterial gene transfer. Prions are proteins so they replicate with the rest of the genome. Viroids are small RNA plant pathogens that do not code any protein products, therefore replicate by stealing what is needed from the host. However, it may be important to keep in mind that there is a great deal of discussion about whether viruses should be defined as live or not. They contain some of the structures and exhibit some of the activities that are common to the definition of organic life, but are missing others. Unlike viroids and prions, they contain both RNA and DNA. Scientifically they are classified in a place between supra molecular complexes and extremely simple biological entities. Viruses are composed of a single strand of genetic information encapsulated in protein. One of the most compelling arguments against viruses...
Words: 345 - Pages: 2
...MAT-23n0 Discrete Mathematics Week 1 Homework Problems Chapters 1 & 2 Section 1.1, pages 12–16: #2, #11, #31 #2: Which of these are propositions? What are the truth values of those that are propositions? a) Do not pass go. b) What time is it? c) There are no black flies in Maine. d) 4 + x = 5. e) The moon is made of green cheese. f) 2n ≥ 100. C , E & F are propositions and only f is true because 2n≥100 is a true statement. #11: Let p and q be the propositions p: It is below freezing. q: It is snowing Write these propositions using p and q and logical connectives (including negations). a) It is below freezing and snowing. b) It is below freezing but not snowing. c) It is not below freezing and it is not snowing. d) It is either snowing or below freezing (or both). e) If it is below freezing, it is also snowing. f) Either it is below freezing or it is snowing, but it is not snowing if it is below freezing. g) That it is below freezing is necessary and sufficient for it to be snowing. A. p ^ q B. p ⊕ q C. p → q D. p ∨ q E. p → q F. p ∨ q ⊕ p ∧ q G. p ∧ q #31: Construct a truth table for each of these compound propositions. a) p ˄ ¬p b) p ˅ ¬p c) (p ˅ ¬q) → q d) (p ˅ q) → (p ˄ q) e) (p → q) ↔ (¬q → ¬p) f) (p → q) → (q → p) A. t ...
Words: 1168 - Pages: 5
...Week 1 Individual Assignment MKT Week 1 Individual Assignment The Meaning of Marketing The Merriam Webster Dictionary defines marketing as the process or technique of promoting, selling, and distributing a product or service (Merriam Webster, 2013). Merriam Webster further defines marketing as an aggregate of functions involved in moving goods from producer to consumer (Merriam Webster, 2013). Business Dictionary defines marketing as the management process through which goods and services move from concept to the customer. It includes the coordination of four elements called the 4 P's of marketing: Product, Price, Placement, and Promotional Strategy (Business Dictionary, 2013). I believe that marketing is as it has been described by both Merriam Webster and Business Dictionary. The purpose of marketing is to get a product or service from the producer of the product or service to the consumer who will use the product or service. I believe that the four P’s are fundamental in getting the product or service from the producer to the consumer. Marketing is extremely important to the success of any organization. Why Marketing is Important to an Organizations Success There are many reasons that marketing is important to the success of any organization. First marketing gets the word out about an organizations products or services (Lorette, 2013). Getting the word out informs consumers about your product. It is important that consumers know about your product or service because...
Words: 628 - Pages: 3
...In 2010 the CEO of Bank of America released a statement in response of the institutions productivity in the previous years. “Our 2010 results show that, while we have made progress in strengthening the balance sheet and focusing our capital to support core capabilities for customers, the overhang of issues related to recent acquisitions and regulatory changes remained significant. Excluding two non-cash, non-tax deductible goodwill impairment charges, we earned $10.2 billion for the full year. Including these charges, we posted a net loss of $2.2 billion.” That quote shows optimism for the institution. The CEO admits the losses experienced by the organization and the primary cause is directed towards the economic slumber. Acknowledgement of the cause of profit loss resulted in the CEO stating what the plans are to ensure profit growth while building stronger rapport with the consumers, businesses and investors who use the services provided by the organization. The company plans on expanding services offered to these clients, and hypothetically if the growth of the organization is set at 20 percent more than current projections, Bank of America will need to factor ways to retain current earnings, maximize profits, and generate revenue by introducing new exciting opportunities for all individuals involved with the organizations, both consumers and employees alike. With the an unexpected growth in revenue Bank of America is faced with decisions of what to do with the surplus of revenue...
Words: 669 - Pages: 3
...Accounting Week 1 homework • Chapter 1: Problem 1-1 a. Calculate the tax disadvantage to organize a U.S. business today as a corporation, as compared to a partnership, under the following conditions. Assume that all earnings will be paid out in cash dividends. Operating income (operating profit before taxes) will be $500,000 per year under either organizational form. The tax rate on corporate profits is 35% (Tc = 0.35), the average personal tax rate for the partners is also 35% (Tc=0.35), and the capital gain tax rate on dividend income is 15% (T div=0.15). b. Now recalculate the tax disadvantage using the same income, but with the maximum tax rates that existed before 2003. (These rates were 35% (Tc=0.30) on corporate profits and 38.6% (Tp=0.386) on personal investment income) Answer to A If the firm is organized as a partnership, operating income will be taxed only once, so investors will receive $500,000 x (1- 0.35) =$325,000. If the firm is organized as a corporation, operating income will be taxed once at the corporate level, leaving $500,000 x (1- 0.35) = $325,000 available for disputation to investors, and then the dividends paid out will be taxed at the investors capital gain rate. This yields net disposable income of $325,000 x (1- 0.15) = $276,250. Partners thus pay a total tax rate of 35 percent on business income, while corporate shareholders pay a combined tax rate of 44.75 percent. [1-(1-0.35)(1-0.15)] on this income, the “corporate tax wedge” in thus...
Words: 994 - Pages: 4
...Complete Class, BUS 300 Quizzes Week 1-11 Solution All possible questions with answers BUS 300 Week 2 Quiz 1: Chapters 1 and 2 BUS 300 Week 3 Quiz 2: Chapters 3 and 4 BUS 300 Week 4 Quiz 3: Chapters 5 and 6 BUS 300 Week 5 Quiz 4: Chapters 7 and 8 BUS 300 Week 6 Quiz 5: Chapters 9 and 10 BUS 300 Week 7 Quiz 6: Chapters 11 and 12 BUS 300 Week 8 Quiz 7: Chapters 13 and 14 BUS 300 Week 9 Quiz 8: Chapters 15 and 16 BUS 300 Week 10 Quiz 9: Chapters 17 and 18 BUS 300 Week 11 Quiz 10: Chapter 19 BUS 300 Quizzes Week 1-11 Solution All possible questions with answers BUS 300 Week 2 Quiz 1: Chapters 1 and 2 BUS 300 Week 3 Quiz 2: Chapters 3 and 4 BUS 300 Week 4 Quiz 3: Chapters 5 and 6 BUS 300 Week 5 Quiz 4: Chapters 7 and 8 BUS 300 Week 6 Quiz 5: Chapters 9 and 10 BUS 300 Week 7 Quiz 6: Chapters 11 and 12 BUS 300 Week 8 Quiz 7: Chapters 13 and 14 BUS 300 Week 9 Quiz 8: Chapters 15 and 16 BUS 300 Week 10 Quiz 9: Chapters 17 and 18 BUS 300 Week 11 Quiz 10: Chapter 19 BUS 300 Quizzes Week 1-11 Solution All possible questions with answers BUS 300 Week 2 Quiz 1: Chapters 1 and 2 BUS 300 Week 3 Quiz 2: Chapters 3 and 4 BUS 300 Week 4 Quiz 3: Chapters 5 and 6 BUS 300 Week 5 Quiz 4: Chapters 7 and 8 BUS 300 Week 6 Quiz 5: Chapters 9 and 10 BUS 300 Week 7 Quiz 6: Chapters 11 and 12 BUS 300 Week 8 Quiz 7: Chapters 13 and 14 BUS 300 Week 9 Quiz 8: Chapters 15 and 16 BUS 300 Week 10 Quiz 9: Chapters 17 and...
Words: 459 - Pages: 2
...Problems Question 1 #1 c only, Be sure to 1) identify all of the paths in the diagram and their lengths, 2) indicate which is the critical path, 3) work out the ES, EF, LS, LF for each activity, 4) what are the slack times for each activity? Solution Path | Expected Path Time | 1-2-5-12-16 | 44 | 1-3-6-13-16 | 39 | 1-3-7-14-16 | 41 | 1-4-8-9-10-11-15-16 | 35 | 1-4-8-10-11-15-16 | 38 | The critical path in this diagram is 44, that is 1-2-5-12-16 as the slack time is 0. Activity | ES | EF | LF | LS | Slack | 1-2 | 0 | 10 | 10 | 0 | 0 | 2-5 | 10 | 24 | 24 | 10 | 0 | 5-12 | 24 | 37 | 37 | 24 | 0 | 12-16 | 37 | 44 | 44 | 37 | 0 | | | | | | | 1-3 | 0 | 14 | 19 | 5 | 5 | 3-6 | 14 | 29 | 34 | 19 | 5 | 6-13 | 29 | 35 | 40 | 34 | 5 | 13-16 | 35 | 39 | 44 | 40 | 5 | | | | | | | 1-3 | 0 | 14 | 14 | 0 | 3 | 3-7 | 14 | 25 | 28 | 17 | 3 | 7-14 | 25 | 38 | 41 | 28 | 3 | 14-16 | 38 | 41 | 44 | 41 | 3 | | | | | | | 1-4 | 0 | 3 | 9 | 6 | 6 | 4-8 | 3 | 11 | 17 | 9 | 6 | 8-10 | 11 | 15 | 21 | 17 | 6 | 10-11 | 15 | 22 | 28 | 21 | 6 | 11-15 | 22 | 28 | 34 | 28 | 6 | 15-16 | 28 | 38 | 44 | 34 | 6 | | | | | | | 1-4 | 0 | 3 | 12 | 9 | 9 | 4-8 | 3 | 11 | 20 | 12 | 9 | 8-9 | 11 | 12 | 21 | 20 | 9 | 10-11 | 12 | 19 | 28 | 21 | 9 | 11-15 | 19 | 25 | 34 | 28 | 9 | 15-16 | 25 | 35 | 44 | 34 | 9 | Question 7 Three recent college graduates have formed a partnership and have opened an advertising firm. Their...
Words: 905 - Pages: 4
...FROM: xxxxx, Manager RE: Behavioral Management Expected of First Level Managers DATE: August 3, 2009 As you know, InterClean, Inc has acquired its primary domestic competitor, EnviroTech. This is an exciting time for be part of InterClean’s sales team. With acquiring EnviroTech, InterClean moves closer in achieving the number one spot in the sanitation industry nationally with a goal of becoming worldwide. The merger and the integration of EnviroTech’s existing sales force will directly support the strategic goals of InterClean to become a more service oriented company. The merger will allow our sales team to expand our customer base as well as our knowledge. As managers, we must embrace the new idea of expanding and instill confidence in our employees that the change is good. Our behavior and attitude towards the merger will directly affect our employees. During this time of the InterClean-EnviroTech merger, we need to adapt and be an example to all that we are a unified sales team that will grow our productivity and expand into a new market. As First Level Managers your behavior directly affects the employees’ attitude and therefore, productivity and customer service. With this transition time, your duty to make this change a positive experience to for the team is imperative. Please make your employees aware of future trainings that will enhance their ability to support the up and coming sanitation company in the United States and in the future, worldwide...
Words: 1041 - Pages: 5
...Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes and Exam Week 1 - 11 All Possible Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes and Exam Week 1 - 11 All Possible Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ...
Words: 471 - Pages: 2
...gain again or worst you may never have it at all. So the time these are wasted for nothing, for sure the blame for this mistake will be felt truly. When looking at the profile of those students who are working and at the same time is studying, you would notice that they never dare wasting their time. For them, every second counts. Make an observation and you will find out that almost all of the working students are working too hard to finish their studies. For them, wasting their effort, time and money is such a big mistake. OBJECTIVES OF THE STUDY The objective of studying this matter is to know the profile of the working students and the implication on the class standing. Specifically, they need to answer these following questions: 1. What was the working students are going through while they are studying and at the same time working? 2. What are the statuses of the working students when it comes to their grades and their participation in class?...
Words: 4091 - Pages: 17
...Technical Communication Methods and Practices Paper Jimmy Bolden, Michael Mosley, Deshonda Council, Jamie Jackson, Lethia Hemingway CJA/304 August 19, 2015 Judge Michael Joyner Technical Communication Methods and Practices Paper Technical communication can be considered in two different ways. The two ways are the sets of applications and the ability to make and share information with other people in the workplace. Emails responded to and sent, instant messages, phone calls, and conversations with fellow officers are all examples of technical communications. Each professional uses the majority of their day using the four communication skills. The skills used are speaking, listening, writing, and reading. The team will be discussing the technological tools that might be used in the communication process, current technology, and future technologies. One technological tool that is currently used in the communication process is the Mobile Data Terminal (MDT). According to Meehan (1998), “The ways in which officers shape and alter their uses of Mobile Data Terminal technology to preserve their autonomy, maintain solidarity with their co-workers, and manage accountability is analyzed as a form of resistance to the potential of this technology to fragment work assignments and control information”. The Mobile Data Terminal has been modified in the past few years so that officers can run random people’s identity in a matter of seconds. Before the Mobile Date Terminal, the...
Words: 1202 - Pages: 5
