Skysong Co. has the following defined benefit pension plan balances on January 1, 2020.
Projected benefit obligation$4,619,000Fair value of plan assets4,619,000
The interest (settlement) rate applicable to the plan is 10%. On January 1, 2021, the company amends its pension agreement so that prior service costs of $595,000 are created. Other data related to the pension plan are:
20202021
Service cost$151,000$169,000Prior service cost amortization089,000Contributions (funding) to the plan201,000186,000Benefits paid220,000283,000Actual return on plan assets253,000347,000Expected rate of return on assets6%8%Prepare a pension worksheet for the pension plan in 2020.
(Enter all amounts as positive.)
SKYSONG
COMPANY
Pension Worksheet—2020
General Journal Entries
Memo Record
Items
Annual Pension
ExpenseCashOCI—Prior
Service CostOCI— Gain/
LossPension Asset/
Liability
Projected Benefit
ObligationPlan
Assets
Balance, Jan. 1, 2020$ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr. Service cost Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Interest cost Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Actual return Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Unexpected loss Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Contributions Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Benefits Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Journal entry for 2020$ Dr.Cr. $ Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Accumulated OCI Dec. 31, 2019 Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Balance, Dec. 31, 2020$ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr.
eTextbook and Media
List of Accounts
Prepare any journal entries related to the pension plan that would be needed at December 31, 2020.
(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
DateAccount Titles and ExplanationDebitCredit
Dec. 31, 2020
eTextbook and Media
List of Accounts
Prepare a pension worksheet for 2021.
(Enter all amounts as positive.)
SKYSONG
COMPANY
Pension Worksheet—2020 and 2021General Journal EntriesMemo RecordItemsAnnual Pension
ExpenseCashOCI—Prior
Service CostOCI— Gain/
LossPension Asset/
LiabilityProjected Benefit
ObligationPlan
Assets
Balance, Jan. 1, 2020$4,619,000Cr.$4,619,000Dr.Service cost$151,000Dr.151,000Cr.Interest cost461,900Dr.461,900Cr.Actual return253,000Cr.253,000Dr.Unexpected loss24,140Dr.$24,140Dr.Contributions$201,000Cr.201,000Dr.Benefits220,000Dr.220,000Cr.Journal entry for 2020$335,760Dr.$201,000Cr.24,140Dr.$158,900Cr.Accumulated OCI Dec. 31, 20190Balance, Dec. 31, 2020$24,140Dr.$158,900Cr.5,011,900Cr.4,853,000Dr.Additional PSC, 1/1/2021 Dr.Cr. Dr.Cr.$ Dr.Cr. Dr.Cr. .
Waterway Company received the following selected information from it.pdfadityavision1
Waterway Company received the following selected information from its pension plan trustee
concerning the operation of the companys defined benefit pension plan for the year ended
December 31, 2020.
January 1, 2020 December 31, 2020
Projected benefit obligation $1,471,000 $1,497,000
Market-related and fair value of plan assets 804,000 1,136,400
Accumulated benefit obligation 1,573,000 1,691,300
Accumulated OCI (G/L)Net gain 0 (197,100 )
The service cost component of pension expense for employee services rendered in the current
year amounted to $76,000 and the amortization of prior service cost was $118,300. The
companys actual funding (contributions) of the plan in 2020 amounted to $252,000. The
expected return on plan assets and the actual rate were both 10%; the interest/discount
(settlement) rate was 10%. Accumulated other comprehensive income (PSC) had a balance of
$1,183,000 on January 1, 2020. Assume no benefits paid in 2020. C) Indicate the pension-related
amounts that would be reported on the income statement and the balance sheet for Waterway
Company for the year 2020.
c)
Indicate the pension-related amounts that would be reported on the income statement and the
balance sheet for Waterway Company for the year 2020. Waterway Company received the
following selected information from its pension plan trustee concerning the operation of the
company's defined benefit pension plan for the year ended December 31, 2020. The service cost
component of pension expense for employee services rendered in the current year amounted to
$76,000 and the amortization of prior service cost was $118,300. The company's actual funding
(contributions) of the plan in 2020 amounted to $252,000. The expected return on plan assets and
the actual rate were both 10%; the interest/discount (settlement) rate was 10%. Accumulated
other comprehensive income (PSC) had a balance of $1,183,000 on January 1, 2020. Assume no
benefits paid in 2020.
Indicate the pension-related amounts that would be reported on the income statement and the
balance sheet for Waterway Company for the year 2020..
Electronic Distribution has a defined benefit pension plan. Characte.pdffacevenky
Electronic Distribution has a defined benefit pension plan. Characteristics of the plan during
2024 are as follows:
The expected long-term rate of return on plan assets was 8%. There were no AOCI balances
related to pensions on January 1, 2024, but at the end of 2024, the company amended the pension
formula, creating a prior service cost of $12 million.($ millions)PBO balance, January
1$480Plan assets balance, January 1300Service cost75Interest cost45Gain from change in
actuarial assumption22Benefits paid(36)Actual return on plan assets20Contributions 202460
Calculate the pension expense for 2024 . Note: Amounts to be deducted should be indicated with
a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).
Prepare the journal entries to record (a) pension expense, (b) gains or losses, (c) prior service
cost, (d) funding, and (e) payment of benefits for 2024 . Note: If no entry is required for a
transaction/event, select "No journal entry required" in the first account field. Enter your answers
in millions (i.e., 10,000,000 should be entered as 10).
Complete this question by entering your answers in the tabs below. What amount will Electronic
Distribution report in its 2024 balance sheet as a net pension asset or net pension liability? Note:
Enter your answer in millions (i.e., 10,000,000 should be entered as 10 )..
Conversion worksheetGreen shaded cells are from Chapter 5 financia.docxdickonsondorris
Conversion worksheetGreen shaded cells are from Chapter 5 financial StatementsEnter all amounts as positive numbers. The worksheet is formatted to add debits to assets & expenses and add credits to revenues, liabilities & equityRefr. Account TitlesDebitsCreditsGov'tal Fund Balances Adjustments & EliminationsGovern-mental Funds AdjustedInternal Service FundsBalances for Gov't-wide StmtsDebitsCreditsDebitsCreditsACapital asset64,200,000DEBITS:Accumulated Depreciation28,700,000Cash657,720657,72035,000692,720Net Position35,500,000Cash with Fiscal Agent928,000928,000928,000Investments259,000259,000259,000BCapital asset5,823,100Taxes Receivable, net262,000262,000262,000Capital Outlay Expenditures5,823,100Interest Receivable, net16,85016,85016,850Inventories-37,54037,540CDepreciation Expense4,900,000Due from State Govt.559,000559,000559,000Accumulated Depreciation4,900,000Due from Other Funds-11,200(3,200)14,400Capital Assets64,200,00070,023,10078,40070,101,500DProceeds of bonds4,000,000 both rows5,823,100Other Financing sources- premium on bonds200,000--Bonds payable4,000,000Expenditures (expenses) Current-Premium on bonds200,000 General Govt.1,646,9001,646,900(1,240)1,648,140 Public Safety3,026,9003,026,9003,026,900ENet position12,000,000 Highway and Streets2,481,9002,481,9002,481,900Bonds payable12,000,000 Sanitation591,400591,400591,400 Health724,100724,100724,100FBonds payable800,000 Welfare374,300374,300374,300Bonds Principal800,000 Culture and Recreation917,300917,300917,300Compensated Absences Exp42,00042,00042,000GInterest Expense328,000Other Expenditures (expenses)--Accrued Interest Payable328,000 - Debt Service Principal800,000(800,000)1,600,0001,600,000 - Interest (expenditure/expense)514,000328,000(180,000)1,032,0001,032,000HNet position180,000 both rows(10,000)Interest Expense180,000 - Capital Outlay5,823,100(5,823,100)11,646,20011,646,200 - Depreciation4,900,0004,900,0004,900,000IBonds Payable10,000Other Fin. Uses - Transfers Out1,871,7001,871,700(1,871,700)3,743,400Interest Expense10,000-Total Debits21,454,170105,598,650JDeferred Revenues10,500CREDITS:Revenues- Property Taxes10,500Accounts Payable326,800326,800(19,400)307,400Due to Other Funds40,20040,2003,20037,000KRevenues- Property Taxes21,000Accrued Interest Payable(328,000)(328,000)(328,000)Net Position21,000Bonds Payalbe(12,000,000) both rows800,000(4,000,000)(16,800,000)(16,800,000)LCompensated Absenese Expense42,000Premium on Bonds10,000(200,000)(210,000)(210,000)Compensated Absences Payable42,000Compensated Absence Payable(42,000)(42,000)(42,000)Advance from Water Utility Fund-(15,000)(15,000)MCash35,000Deferred Inflows: Property Taxes10,50010,500-(15,000)Due from Other Funds11,200Accumulated Depreciation(28,700,000)Inventories37,540 both rows(4,900,000)(33,600,000)(33,600,000)Capital assets78,400Revenues-Accounts Payable19,400Property Taxes6,657,50021,000(10,500)6,626,0006,626,000Advance from Water Utility Fund15,000Sales .
CHILD FOUNDATION FINANCIAL STATEMENTS YeJinElias52
CHILD FOUNDATION
FINANCIAL STATEMENTS
Year Ended May 31, 2020
with
Independent Auditors’ Report
CHILD FOUNDATION
Table of Contents
Page
Independent Auditors’ Report 1
Financial Statements
Statement of Financial Position 3
Statement of Activities 4
Statement of Functional Expenses 5
Statement of Cash Flows 6
Notes to Financial Statements 7
- 1 -
Independent Auditors’ Report
The Board of Directors
Child Foundation
Report on the Financial Statements
We have audited the accompanying financial statements of Child Foundation (the Organization), which
comprise the statement of financial position as of May 31, 2020, and the related statements of activities,
functional expenses, and cash flows for the year then ended, and the related notes to the financial
statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate in
the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
- 2 -
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of Child Foundation as of May 31, 202 ...
Waterway Company received the following selected information from it.pdfadityavision1
Waterway Company received the following selected information from its pension plan trustee
concerning the operation of the companys defined benefit pension plan for the year ended
December 31, 2020.
January 1, 2020 December 31, 2020
Projected benefit obligation $1,471,000 $1,497,000
Market-related and fair value of plan assets 804,000 1,136,400
Accumulated benefit obligation 1,573,000 1,691,300
Accumulated OCI (G/L)Net gain 0 (197,100 )
The service cost component of pension expense for employee services rendered in the current
year amounted to $76,000 and the amortization of prior service cost was $118,300. The
companys actual funding (contributions) of the plan in 2020 amounted to $252,000. The
expected return on plan assets and the actual rate were both 10%; the interest/discount
(settlement) rate was 10%. Accumulated other comprehensive income (PSC) had a balance of
$1,183,000 on January 1, 2020. Assume no benefits paid in 2020. C) Indicate the pension-related
amounts that would be reported on the income statement and the balance sheet for Waterway
Company for the year 2020.
c)
Indicate the pension-related amounts that would be reported on the income statement and the
balance sheet for Waterway Company for the year 2020. Waterway Company received the
following selected information from its pension plan trustee concerning the operation of the
company's defined benefit pension plan for the year ended December 31, 2020. The service cost
component of pension expense for employee services rendered in the current year amounted to
$76,000 and the amortization of prior service cost was $118,300. The company's actual funding
(contributions) of the plan in 2020 amounted to $252,000. The expected return on plan assets and
the actual rate were both 10%; the interest/discount (settlement) rate was 10%. Accumulated
other comprehensive income (PSC) had a balance of $1,183,000 on January 1, 2020. Assume no
benefits paid in 2020.
Indicate the pension-related amounts that would be reported on the income statement and the
balance sheet for Waterway Company for the year 2020..
Electronic Distribution has a defined benefit pension plan. Characte.pdffacevenky
Electronic Distribution has a defined benefit pension plan. Characteristics of the plan during
2024 are as follows:
The expected long-term rate of return on plan assets was 8%. There were no AOCI balances
related to pensions on January 1, 2024, but at the end of 2024, the company amended the pension
formula, creating a prior service cost of $12 million.($ millions)PBO balance, January
1$480Plan assets balance, January 1300Service cost75Interest cost45Gain from change in
actuarial assumption22Benefits paid(36)Actual return on plan assets20Contributions 202460
Calculate the pension expense for 2024 . Note: Amounts to be deducted should be indicated with
a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).
Prepare the journal entries to record (a) pension expense, (b) gains or losses, (c) prior service
cost, (d) funding, and (e) payment of benefits for 2024 . Note: If no entry is required for a
transaction/event, select "No journal entry required" in the first account field. Enter your answers
in millions (i.e., 10,000,000 should be entered as 10).
Complete this question by entering your answers in the tabs below. What amount will Electronic
Distribution report in its 2024 balance sheet as a net pension asset or net pension liability? Note:
Enter your answer in millions (i.e., 10,000,000 should be entered as 10 )..
Conversion worksheetGreen shaded cells are from Chapter 5 financia.docxdickonsondorris
Conversion worksheetGreen shaded cells are from Chapter 5 financial StatementsEnter all amounts as positive numbers. The worksheet is formatted to add debits to assets & expenses and add credits to revenues, liabilities & equityRefr. Account TitlesDebitsCreditsGov'tal Fund Balances Adjustments & EliminationsGovern-mental Funds AdjustedInternal Service FundsBalances for Gov't-wide StmtsDebitsCreditsDebitsCreditsACapital asset64,200,000DEBITS:Accumulated Depreciation28,700,000Cash657,720657,72035,000692,720Net Position35,500,000Cash with Fiscal Agent928,000928,000928,000Investments259,000259,000259,000BCapital asset5,823,100Taxes Receivable, net262,000262,000262,000Capital Outlay Expenditures5,823,100Interest Receivable, net16,85016,85016,850Inventories-37,54037,540CDepreciation Expense4,900,000Due from State Govt.559,000559,000559,000Accumulated Depreciation4,900,000Due from Other Funds-11,200(3,200)14,400Capital Assets64,200,00070,023,10078,40070,101,500DProceeds of bonds4,000,000 both rows5,823,100Other Financing sources- premium on bonds200,000--Bonds payable4,000,000Expenditures (expenses) Current-Premium on bonds200,000 General Govt.1,646,9001,646,900(1,240)1,648,140 Public Safety3,026,9003,026,9003,026,900ENet position12,000,000 Highway and Streets2,481,9002,481,9002,481,900Bonds payable12,000,000 Sanitation591,400591,400591,400 Health724,100724,100724,100FBonds payable800,000 Welfare374,300374,300374,300Bonds Principal800,000 Culture and Recreation917,300917,300917,300Compensated Absences Exp42,00042,00042,000GInterest Expense328,000Other Expenditures (expenses)--Accrued Interest Payable328,000 - Debt Service Principal800,000(800,000)1,600,0001,600,000 - Interest (expenditure/expense)514,000328,000(180,000)1,032,0001,032,000HNet position180,000 both rows(10,000)Interest Expense180,000 - Capital Outlay5,823,100(5,823,100)11,646,20011,646,200 - Depreciation4,900,0004,900,0004,900,000IBonds Payable10,000Other Fin. Uses - Transfers Out1,871,7001,871,700(1,871,700)3,743,400Interest Expense10,000-Total Debits21,454,170105,598,650JDeferred Revenues10,500CREDITS:Revenues- Property Taxes10,500Accounts Payable326,800326,800(19,400)307,400Due to Other Funds40,20040,2003,20037,000KRevenues- Property Taxes21,000Accrued Interest Payable(328,000)(328,000)(328,000)Net Position21,000Bonds Payalbe(12,000,000) both rows800,000(4,000,000)(16,800,000)(16,800,000)LCompensated Absenese Expense42,000Premium on Bonds10,000(200,000)(210,000)(210,000)Compensated Absences Payable42,000Compensated Absence Payable(42,000)(42,000)(42,000)Advance from Water Utility Fund-(15,000)(15,000)MCash35,000Deferred Inflows: Property Taxes10,50010,500-(15,000)Due from Other Funds11,200Accumulated Depreciation(28,700,000)Inventories37,540 both rows(4,900,000)(33,600,000)(33,600,000)Capital assets78,400Revenues-Accounts Payable19,400Property Taxes6,657,50021,000(10,500)6,626,0006,626,000Advance from Water Utility Fund15,000Sales .
CHILD FOUNDATION FINANCIAL STATEMENTS YeJinElias52
CHILD FOUNDATION
FINANCIAL STATEMENTS
Year Ended May 31, 2020
with
Independent Auditors’ Report
CHILD FOUNDATION
Table of Contents
Page
Independent Auditors’ Report 1
Financial Statements
Statement of Financial Position 3
Statement of Activities 4
Statement of Functional Expenses 5
Statement of Cash Flows 6
Notes to Financial Statements 7
- 1 -
Independent Auditors’ Report
The Board of Directors
Child Foundation
Report on the Financial Statements
We have audited the accompanying financial statements of Child Foundation (the Organization), which
comprise the statement of financial position as of May 31, 2020, and the related statements of activities,
functional expenses, and cash flows for the year then ended, and the related notes to the financial
statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate in
the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
- 2 -
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of Child Foundation as of May 31, 202 ...
Recording Transactions (Including Adjusting and Closing Entries)- Prep.pdfMax3zSLangdonj
Recording Transactions (Including Adjusting and Closing Entries), Preparing Financial
Statements, and Performing Ratio Analysis
Ben and Kelly Perry began operations of their Roof repair company (Perry Roofing, Inc.) on
January 1, 2020. The annual reporting period ends December 31. The trial balance on January 1,
2021, was as follows:
Debit
Credit
Cash
7,000
Accounts Receivable
5,000
Supplies
9,000
Equipment
Accumulated Depreciation (on equipment)
Intangible assets (long term, not detailed to simplify)
8,000
Accounts Payable
6,000
Notes Payable
Wages payable
Interest Payable
Income Taxes Payable
Unearned revenue
Common Stock (50,000 shares, $0.10 par value)
5,000
Additional Paid-in Capital
10,000
Retained Earnings
8,000
Service revenue
Depreciation expense
Supplier expense
Wage Expense
General and Administrative Expense
Interest Expense
Income Tax Expense
Totals
29,000
29,000
Transactions during 2021 follow:
Borrowed $18,000 cash on July 1, 2021, signing a one-year, 10 percent note payable.
Purchased equipment for $20,000 cash on July 1, 2021.
Sold 10,000 additional shares of capital stock for cash at $1.1 market value per share at the
beginning of the year.
Earned $110,000 in revenues for 2021, including $30,000 on credit and the rest in cash.
Incurred General and Administrative expenses of $16,000 for 2021, including $5,000 on credit
and the rest paid with cash.
Purchased $12,000 of supplies: $4,000 was paid in cash with the rest on account.
Collected accounts receivable, $18,000.
Paid accounts payable, $9,000.
Paid 50,000 cash for wage expense.
Received a $2,000 deposit on work to start January 15, 2022.
Declared and paid a cash dividend, $5,000.
Data for adjusting entries:
Supplies of $5,000 were counted on December 31, 2021.
Depreciation for 2021, $2,500.
Interest accrued on notes payable (to be computed).
Wages earned since the December 24 payroll but not yet paid, $800.
Income tax expense was $9,000, payable in 2022.
Required (all in an Excel file with separate spreadsheets):
Set up T-accounts for the accounts on the trial balance and enter beginning balances.
1) Prepare journal entries for transactions ( a ) through ( k ) and
2) Post them to the T-accounts.
1) Journalize the adjusting entries ( l ) through ( p ) and
2) Post them to the T-accounts.
Prepare a trial balance, with columns of both unadjusted and adjusted.
Prepare:
an income statement (including earnings per share),
statement of stockholders' equity, and
balance sheet.
Debit Credit
Cash 7,000
Accounts Receivable 5,000
Supplies 9,000
Equipment
Accumulated Depreciation (on equipment)
Intangible assets (long term, not detailed to 8,000
simplify)
Accounts Payable 6,000
Notes Payable
Wages payable
Interest Payable
Income Taxes Payable
Unearned revenue
Common Stock (50,000 shares, $0.10 par value) 5,000
Additional Paid-in Capital 10,000
Retained Earnings 8,000
Service revenue
Depreciation expense
Supplier expense
Wage Expense
General and Administrative Expense
Interest Expense
Inc.
Beale Management has a noncontributory- defined benefit pension plan-.docxJoeaP9Morgant
Beale Management has a noncontributory, defined benefit pension plan, On December 31,2024 (the end of Beale's fiscal year), the following pension-related data were available: Required: Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (i.e., 10 , 000 , 000 should be entered as 10 ). Required: Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (I.e., 10 , 000 , 000 should be entered as 10 ).
.
Current Attempt in Progress Crane Company recelved the following sele.pdfbhanupreetkaur1
Current Attempt in Progress Crane Company recelved the following selected information from
its peraion plan trustee concerning the operation of the companys. defined benefit pension plan
for the year ended December 31,2025 The service cost component of pension expense for
emplovee services rendered in the current year amounted to 578,000 and the amortization of
prior service cost was $121,300. The company's actual funding (contributions) of the plan in
2025 amounted to $247,000. The expected return on plan assets and the actuat rate were both
1006 ; the interest/discount (settiement) rate was 1005 Accumulated other comprehensive
income (PSC) had a balance of $1.213,000 on January 1.2025 . Assurne no benefits paid in 2025,
Determine the amounts of the components of pension expense that should be recognized by the
company in 2025. (Enter amounts that reduce pension expense with either a negative sign
preceding the number eg. - 45 or parenthesis eg. (45i.).
ChapterTool KitChapter 211/20/18Financial Statements, Cash Flow, and Taxes2-1 Financial Statements and ReportsThe annual report contains a verbal section plus four key statements: the balance sheet, income statement, statement of stockholders' equity, and statement of cash flows.Our spreadsheets use formulas rather than fixed numbers. For example, the cell for Total assets for the most recent year contains the Sum formula rather than just a fixed number. That way, if the data for any inputs (cash, for instance) change, the spreadsheet will automatically recalculate and provide the correct new value for Total assets.In financial modeling, it is helpful to users when input data is grouped together, so you should follow this practice in your own models, too.2-2 The Balance SheetINPUT DATA SECTION: Historical Data Used in the Analysis20192018Tax rate25%25%Weighted average cost of captal (WACC)11.50%11.50%Figure 2-1MicroDrive Inc. December 31 Balance SheetsOlder version in manuscript 4/20(Millions of Dollars)Assets20192018Assets20192018Cash and equivalents$100$110Cash and equivalents$100$102Short-term investments10182Short-term investments1040Accounts receivable500410Accounts receivable500384Inventories1,000830Inventories1,000774Total current assets$1,610$1,532Total current assets$1,610$1,300Net plant and equipment2,0001,780Net property, plant, and equipment (PP&E)2,0001,780Note: Net plant and equipment is equal to cumulative purchases of fixed assets less cumulative depreciation and cumulative disposed assets. Total assets$3,610$3,312Total assets$3,610$3,080Liabilities and EquityLiabilities and EquityAccounts payable$200$190Accounts payable$200$180Notes payable150100Notes payable15028Accruals400370Accruals400370Total current liabilities$750$660Total current liabilities$750$578Long-term bonds520500Long-term bonds520350Total liabilities$1,270$1,160Total liabilities$1,270$928Preferred stock (1,000,000 shares)100100Preferred stock (1,000,000 shares)100100Common stock (50,000,000 shares)500500Common stock (50,000,000 shares)500500Retained earnings1,7401,552Retained earnings1,7401,552Total common equity$2,240$2,052Total common equity$2,240$2,052Total liabilities and equity$3,610$3,312Total liabilities and equity$3,610$3,0802-2 The Income StatementFigure 2-2MicroDrive Income Statements (and Selected Additional Information) for Years Ending December 31(Millions, Except for Per Share Data)20192018Older version in manuscript 4/20Net sales$5,000$4,800Net sales50004680Costs of goods sold except depreciation3,9003,710Costs of goods sold except depreciation$3,900$3,618Depreciation and amortizationa200180Depreciation and amortizationa200180Other operating expenses500470Other operating expenses500470Earnings before interest and taxes (EBIT)$400$440Earnings before interest and taxes (EBIT)400412Less interest 6040Less interest $60$56Pre-tax earnings$340$400Pre-tax earnings340356Taxes85100Taxes$85$89Net Income before preferred dividends$255$300Net Income before ...
Gordon Company sponsors a defined benefit pension plan. The followin.pdfvickyaichslg
Gordon Company sponsors a defined benefit pension plan. The following information related to
the pension plan is available for 2014 and 2015.
2014
2015
%
A. Compute pension expense for 2014 and 2015.
B.Prepare the journal entries to record the pension expense and the company’s funding of the
pension plan for both years.
2014
2015Plan assets (fair value), December 31$1,423,863$1,729,413Projected benefit obligation,
January 11,425,9001,629,600Pension asset/liability, January 1285,180Cr.?Prior service cost,
January 1509,250488,880Service cost122,220183,330Actual and expected return on plan
assets48,88861,110Amortization of prior service cost20,37024,444Contributions
(funding)234,255244,440Accumulated benefit obligation, December
311,018,5001,120,350Interest/settlement rate8%8
%
Solution
2014
2015
Service cost
122,220
488,880
Interest (1,425,900 *8%)
114072
130368
Expected Return on plan assets
48,888
61110
Amortization of prior service cost
20370
24,444
Pension expense
305,550
704,802
2014
2015
Service cost
122,220
488,880
Interest (1,425,900 *8%)
114072
130368
Expected Return on plan assets
48,888
61110
Amortization of prior service cost
20370
24,444
Pension expense
305,550
704,802.
The post-closing trial balance of Wildhorse Corporation at December 3.pdffairdealinternationa
The post-closing trial balance of Wildhorse Corporation at December 31,2022 , contains the
following stockholders' equity accounts. A review of the accounting records reveals the
following. 1. No errors have been made in recording 2022 transactions or in preparing the
closing entry for net income. 2. Preferred stock is $50 par, 6%, and cumulative, 15,800 shares
have been outstanding since January 1,2021. 3. Authorized stock is 20,800 shares of preferred,
520,000 shares of common with a $10 par value. 4. The January 1 balance in Retained Earnings
was $1,190,000. 5. On July 1,19,400 shares of common stock were issued for cash at $18 per
share. 6. On September 1, the company discovered an understatement error of $92,400 in
computing salaries and wages expense in 2021 . The net of tax effect of $64,680 was properly
debited directly to Retained Earnings. 7. A cash dividend of $260,000 was dectared and properly
allocated to preferred and common stock on October 1. No dividends were paid to preferred
stockholders in 2021. 8. On December 31 , a 10% common stock dividend was declared out of
retained eamings on common stock when the market price per share was $18. 9. Net income for
the year was $595,000. 10. On December 31,2022 , the directors authorized disclosure of a
$208,000 restriction of retained earnings for plant
Compute the allocation of the cash dividend to preferred and common stock. Allocation of the
cash dividend to preferred stock Allocation of the cash dividend to common stock
(a) Reproduce the Retained Earnings account for 2022. (Uist items in order presented in the
problem.)
Prepare a stockholders' equity section at December 31, 2022. (Enter account name only and do
not provide descriptive information) WILDHORSE CORPORATION Partial Balance Sheet $$.
Company InformationACCT 370 Excel ProjectDollar General CorporatioLynellBull52
Company InformationACCT 370 Excel ProjectDollar General Corporation100 Mission Ridge, Goodlettsville, TN 37072Jennifer EdmondsCompany NameDollar General CorporationTicker SymbolDGIndustryDiscount RetailerProducts and Services OfferedDollar General offers a broad selection of merchandise, including consumable items, seasonal items, home products and apparel. Brands sold include national brads and private brand selections at every day low prices.Major CompetitorsDollar General Corporation's main competitors are Family Dollar, Dollar Tree, Big Lots, 99 Cents Only
Historical Income StatementsDollar General CorporationConsolidated Income StatementAs of January 29, 2021, January 31, 2020, and February 1, 2019$s in thousands, expect per share amountsFor the Year EndedJanuary 29, 2021January 31, 2020February 1, 2019Net Sales$ 33,746,839$ 27,753,973$ 25,625,043Cost of goods sold$ 23,027,977$ 19,264,912$ 17,821,173Gross profit$ 10,718,862$ 8,489,061$ 7,803,870Selling, general and administrative expenses$ 7,164,097$ 6,186,757$ 5,687,564Operating profit$ 3,554,765$ 2,302,304$ 2,116,306Interest expense$ 150,385$ 100,574$ 99,871Other (income) expense$ - 0$ - 0$ 1,019Income before income taxes$ 3,404,380$ 2,201,730$ 2,015,416Income tax expense$ 749,330$ 489,175$ 425,944Net income$ 2,655,050$ 1,712,555$ 1,589,472Earnings per share:Basic$ 10.70$ 6.68$ 5.99Dilute$ 10.62$ 6.64$ 5.97Weighted average shares outstanding:Basic248,171256,533265,155Dilute250,076258,053266,105Dividends per share$ 1.44$ 1.28$ 1.16
Historical Balance SheetsDollar General CorporationConsolidated Balance SheetsAs of January 29, 2021, January 31, 2020, and February 1, 2019$s in thousands, expect per share amountsFor the Year EndedJanuary 29, 2021January 31, 2020February 1, 2019ASSETSCurrent assets:Cash and cash equivalents$ 1,376,577$ 240,320$ 235,487Merchandise inventoires5,247,4774,676,8484,097,004Income tax receivable90,76076,53757,804Prepaid expenses and other current assets199,405184,163272,725Total current assets6,914,2195,177,8684,663,020Net property and equipment3,899,9973,278,3592,970,806Operating lease assets9,473,3308,796,183-Goodwill4,338,5894,338,5894,338,589Other intangible assets, net1,199,8701,200,0061,200,217Other assets, net69,61934,07931,406Total assets25,895,62422,825,08413,204,038LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Current portion of long-term obligation- 0- 01,950Current portion of operating lease liabilities$ 1,074,079$ 964,805$ -Accounts payable3,614,0892,860,6822,385,469Accured expenses and other1,006,552709,156618,405Income taxes payable16,0638,36210,033Total current liabilities5,710,7834,543,0053,015,857Long-term obligations4,130,9752,911,9932,862,740Long-term operating lease liabilities8,385,3887,819,683- 0Deffered income taxes710,549675,227609,687Other liabilities263,691172,676298,361Commitments and contingenciesShareholder's equity:Preferred stock- 0- ...
A process that allows multiple private and public organizations to lower their debt and improve their financial deficit by the means of asset transfer, equity exchange or increased payment time is known as debt restructuring. The following presentation provides an overview of the entire process of debt restructuring and how an organization can use it as tool to lower the debt. Initially this presentation provides an overview of the organization, its services and financial performance. These financial parameters can be revenues, gross profit, net profit and earning per share. Once the overview is provided the following the organization then needs to perform an in depth analysis of its current financial performance Multiple key aspect of the performance are covered such as the Income Statement, balance sheet, cash flow statement and other key ratios are captured. These ratios can be Price to Earning Ratio, Stock Turnover Ratio, Account Receivable Ratio, Creditor Turnover Ratio, Return on Equity and Account Payable Ratio. Once the financial performance is analyzed multiple options that can help the organization to recover from their debts are considered. These methods can be Merger and Acquisition, Debt Restructuring, Financial Restructuring and Bankruptcy. After Identifying multiple methods, a comparative analysis of these options is performed. After careful analysis debt restructuring is chosen to be the best option for the organization. After choosing debt restructuring as an option the organization initially studies the entire process of the same. The organization first goes through stabilization phase in which various pain points of the organization are identified and existing debt are reviewed. After that in preparation stage multiple regulatory requirements are identified and communication method for shareholder are considered. In the final stage Implementation, the actual process of debt restructuring begins as three major ways of debt restructuring transfer of Asset, Exchange of equity and Increase in payment time are studied. In the end multiple risk associated to debt restructuring are evaluated and mitigation strategies for the same are considered. The impact of debt restructuring is also evaluated and multiple KPIs Key performance indicators are decided to study the overall effect of debt restructuring. https://bit.ly/2NBhd1T
Carter is a small regional food producer whose specialty is high-q.docxjasoninnes20
Carter is a small regional food producer whose specialty is high-quality nut products sold in the snack foods market. The company decided in 2018 to undertake a major expansion and “go national” in competition with some major snack foods companies. The company believes that its products were of higher quality than its competitors and that this quality difference will enable it to charge a premium price which would lead to greatly increased sales, profits and stock price. The company double its plant capacity and undertaken a major marketing campaign in an attempt to “go national.” Thus far, sales have not been up to the forecasted level, costs have been higher than were projected, and a large loss occurred in 2019, rather than the expected profit. As a result, its managers, directors, and investors are concerned about the firm’s survival.
Joan Watson was brought in as assistant to John King, Johnson’s chairman, who had the task of getting the company back into a sound financial position. Carter’s 2018 and 2019 actual balance sheets and income statements, together with projections for 2020, are given in Tables 1 and 2. In addition, Table 3 gives the company’s 2018 and 2019 financial ratios, together with industry average data. The 2020 projected financial statement data represent the company’s best guess for 2020 results, assuming that some new financing is arranged to get the company “over the hump.”
Watson examined monthly data for 2019 (not given in the case), and she detected an improving pattern during the year. Monthly sales were rising, costs were falling, and large losses in the early months had turned to a small profit by December. Thus, the annual data look somewhat worse than final monthly data. Also, it appears to be taking longer for the advertising program to get the message out, for the new sales offices to generate sales, and for the new manufacturing facilities to operate efficiently. In other words, the lags between spending money and deriving benefits were longer than Carter’s managers had anticipated. For these reasons, the company see hope for the company—provided it can survive in the short run.
Watson must prepare an analysis of where the company is now, what it must do to regain its financial health, and what actions should be taken. Your assignment is to help her answer the following questions. Provide clear explanations, not yes or no answers.
Table 1.
Balance Sheets
2020E 2019 2018
Assets
Cash $ 85,632 $ 7,282 $ 57,600
Accounts receivable 878,000 632,160 351,200
Inventories 1,716,480 1,287,360 715,200
Total current assets $ 2,680,112 $ 1,926,802 $ 1,124,000
Gross fixed assets 1,197,160 1,202,950 491,000
Less accumulated depreciation 380,120 263,160 146,200
Net fixed assets $ 817,040$ 939,790$ 344,800
Total assets $ 3,497,152$ 2,866,592$ 1,468,800
Liab ...
AC311—Marcus DoxeyHomework Assignment 3 – Pensions and Income Ta.docxannetnash8266
AC311—Marcus Doxey
Homework Assignment 3 – Pensions and Income Taxes
30 points
DUE Tuesday, October 8th, 2013 AT THE BEGINNING OF CLASS
NO LATE ASSIGNMENTS ACCEPTED
Required:
Complete the three problems on the following pages.
Notes and instructions:
Complete all questions by writing the answers in the spaces provided.
You may work with other people, but I recommend doing this on your own to make sure that you understand what you are doing—these concepts are very important.
It is important that you try to figure this out on your own; therefore, I will not answer any questions that give away an answer, but I am more than happy to help clarify concepts or answer other questions about the topic and assignment.
1. 3 points
On December 31, Year 1, Cohen Company established a noncontributory defined-benefit pension plan covering all of its employees. On that date, Cohen contributed $45,000 to the plan. No benefits were earned in Year 1. At December 31, Year 2, Cohen determined that the present value of all benefits earned in Year 2 was $63,000. The expected and actual return on plan assets for Year 2 was 8%. Cohen’s pension expense has no other components other than those implied by the information above. What amount should Cohen report in its December 31, Year 2, income statement as pension expense?
Work:
2. 3 points
The following information pertains to Wareham Company’s pension plan:
Actuarial estimate of projected benefit obligation (PBO) at 1/1/Year 1 $10,000
Assumed discount rate 4%
Service cost for Year 1 $2,400
Pension benefits paid during Year 1 $2,100
If no change in actuarial estimates occurred during Year 1, Wareham’s PBO at December 31, Year 1, is:
Work:
3. On December 31, Year 1 and Year 2, Cliff Garcia Company had the following defined benefit pension plan balances:
12/31/Y1
12/31/Y2
Fair value of plan assets
2,100,000
2,065,000
Projected benefit obligation
2,250,000
2,503,500
Unrecognized prior service cost
190,000
140,000
Unrecognized net loss
250,500
308,400
At December 31, Year 1, the employees participating in the plan had an average remaining service period of 5 years. No new prior service cost arose in Year 2.
The Year 2 service cost was $310,000. The company uses an expected return on plan assets of 7% when calculating net periodic pension cost, but had an actual return on plan assets in Year 2 of 4%. The company’s discount rate is 5%.
Contributions to the plan totaled $50,000 in year 2. There were no changes in actuarial assumptions during the year.
Part 1. 15 points
Calculate net periodic pension cost for Year 2. Enter the amounts in the spaces below, making sure to put a plus sign (+) in front of numbers that increase pension cost and a negative sign (-) in front of numbers that decrease pension cost:
Service cost (3 pts)
Interest cost (3 pts)
Return on plan assets (3 pts)
Amortization of prior service cost (3 pts)
Loss amortization (3 pts).
I will give thumbs up for correct answers ASAP Thank you B.pdfadianantsolutions
I will give thumbs up for correct answers ASAP! Thank you!
Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2024
(the end of Beale's fiscal year), the following pension-related data were available: Required:
Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior
service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit
amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions
(i.e., 10,000,000 should be entered as 10 ).Required: Prepare a pension spreadsheet to show the
relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and
the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a
positive sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10)..
Strategies To Overcome Bankruptcy PowerPoint Presentation SlidesSlideTeam
Strategies To Overcome Bankruptcy PowerPoint Presentation Slides is a virtual solution for astute business professionals. Our well-structured PowerPoint theme is suitable to showcase strategies to avoid bankruptcy. Elaborate on the influence of bankruptcy on an organization and illustrate ways to settle outstanding debts. Elucidate the financial health from the last 3 years, current risk areas, and unsettled liabilities to represent the present scenario. Utilize our issues of bankruptcy PPT template deck to present a detailed financial investigation. Portray key financial ratios, income statement, balance sheet, and cash flow statement. Our challenges of insolvency PowerPoint presentation help you in consolidating the impact, and future forecast after implementing strategies on the organization. Employ tabular format to compile methods of communicating with the stakeholders. Describe bankruptcy risk identification and mitigation strategies through this PPT slideshow. Address the bankruptcy process including the filing procedures and consequences. So, hit the button and begin instant personalization. Our Strategies To Overcome Bankruptcy PowerPoint Presentation Slides are explicit and effective. They combine clarity and concise expression. https://bit.ly/386saCu
Conversion worksheetGreen shaded cells are from Chapter 5 financia.docxmaxinesmith73660
Conversion worksheetGreen shaded cells are from Chapter 5 financial StatementsEnter all amounts as positive numbers. The worksheet is formatted to add debits to assets & expenses and add credits to revenues, liabilities & equityRefr. Account TitlesDebitsCreditsGov'tal Fund Balances Adjustments & EliminationsGovern-mental Funds AdjustedInternal Service FundsBalances for Gov't-wide StmtsDebitsCreditsDebitsCreditsAtype debit accounts in this columnDEBITS:type credit accounts in this columnCash830,320830,320830,320Cash with Fiscal Agent928,000928,000928,000Investments259,000259,000259,000Taxes Receivable, net274,000274,000274,000Interest Receivable, net16,85016,85016,850Inventories--Due from State Govt.580,000580,000580,000Due from Other Funds--Capital Assets-- both rows--Expenditures (expenses) Current- General Govt.1,646,9001,646,9001,646,900 Public Safety3,026,9003,026,9003,026,900 Highway and Streets2,471,9002,471,9002,471,900 Sanitation591,400591,400591,400 Health724,100724,100724,100 Welfare374,300374,300374,300 Culture and Recreation917,300917,300917,300Compensated Absences Exp--Other Expenditures (expenses)-- - Debt Service Principal800,000800,000800,000 - Interest (expenditure/expense)514,000514,000514,000 both rows - Capital Outlay5,798,1005,798,1005,798,100 - Depreciation--Other Fin. Uses - Transfers Out1,876,7001,876,7001,876,700-Total Debits21,629,77021,629,770CREDITS:Accounts Payable493,400493,400493,400Due to Other Funds40,20040,20040,200Accrued Interest Payable--Bonds Payalbe both rows--Premium on Bonds--Compensated Absence Payable--Advance from Water Utility Fund--Deferred Inflows: Property Taxes27,50027,50027,500Accumulated Depreciation both rows--Revenues-Property Taxes6,657,5006,657,5006,657,500Sales Taxes2,942,0002,942,0002,942,000Interest21,22021,22021,220Licenses & Permits800,000800,000800,000Miscellaneous350,000350,000350,000State Grant for Highway Street Expenses1,072,0001,072,0001,072,000Capital Grant- Gen Gov't332,000332,000332,000Capital Grant- Public Safety1,320,0001,320,0001,320,000----Other Financing Sources--Proceeds of Bonds4,000,0004,000,0004,000,000Premium on Bonds200,000200,000200,000Transfers In1,876,7001,876,7001,876,700Net Position at beginning of year- three rows1,497,2501,497,2501,497,250Total Credits21,629,77021,629,770column totals: debits = credits ??------
CITY OF MONROE
WORKSHEET TO CONVERT GOVERNMENTAL ACTIVITIES TO ACCRUAL BASIS
Stmt of ActivitiesProgram RevenuesNet (Expense) Revenue and Change in Net PositionExpensesCharges for ServicesOperational Grants and ContributionsCapital Grants and ContributionsGovernmental ActivitiesBusiness-Type ActivitiesTotalFunctions/ProgramsGovernmental Activities: General Government$ -$ - Public Safety-- Highways and Streets-- Sanitation-- Health-- Welfare-- Culture and Recreation-- Depreciaiton-- Interest-- Compensated Absneces-- Total Governmental Activities------Business Type Activi.
Build-a-modelStarting with this partial model, which contains fina.docxrichardnorman90310
Build-a-modelStarting with this partial model, which contains financial statements and other information, complete sections a thru g. All sections in yellow must be completed using formulas. All data must be computed using formulas referencing data from the financial statements and other data. Manual entry of data for solutions will result in zero points for the particular calculation.Income Statement for the Year Ending December 31 (Millions of Dollars)2019Net Sales$ 800.0Costs (except depreciation)$ 576.0Depreciation$ 60.0 Total operating costs$ 636.0Earning before int. & tax$ 164.0 Less interest$ 32.0Earning before taxes$ 132.0 Taxes (25%)$ 33.0Net income before pref. div.$ 99.0 Preferred div.$ 9.00Net income avail. for com. div.$ 90.0Common dividends$ 30.0Addition to retained earnings$ 60.0Number of shares (in millions)10Dividends per share$ 3.00Tax Rate25%Balance Sheets for December 31 (Millions of Dollars)Assets2019Liabilities and Equity2019Cash$ 28.0Accounts Payable$ 16.0Short-term investments40.0Notes payable30.0Accounts receivable80.0Accruals24.0Inventories180.0 Total current liabilities$ 70.0 Total current assets$ 328.0Long-term bonds$ 300.0Net plant and equipment600.0Preferred stock$ 90.0Total Assets$ 928.0Common Stock
(Par plus PIC)$ 257.0Retained earnings211.0 Common equity$ 468.0Total liabilities and equity$ 928.0Key Assumptions: Operating ratios remain unchanged from values in most recent year. Sales are expected to increase, 15%, 10%, 6%, and 6% during the next four years. The tax rate will remain at 25% and WACC is assumed to be 15% for all years. This data should be in a separate input table and referenced for the calculations when needed. This means you create an input table for the key assumptions data.a. Calculate the actual operating and projected ratios. Also fill in the tax rate and WACC for each year. (6.75pts)InputsActualProjectedProjectedProjectedProjected12/31/1912/31/2012/31/2112/31/2212/31/23Sales Growth RateCosts/SalesDepreciation/(Net PPE)Cash/Sales(Acct. Rec.)/SalesInventories/Sales(Net PPE)/Sales(Acct. Pay.)/SalesAccruals/SalesTax rateWeighted average cost of capital (WACC)b. Forecast the parts of the income statement and balance sheets necessary to calculate free cash flow. (13.75pts)Partial Income Statement for the Year Ending December 31 (Millions of Dollars)ActualProjectedProjectedProjectedProjectedIncome Statement Items12/31/1912/31/2012/31/2112/31/2212/31/23Net SalesCosts (except depreciation)Depreciation Total operating costsEarning before int. & taxPartial Balance Sheets for December 31 (Millions of Dollars)ActualProjectedProjectedProjectedProjectedOperating Assets12/31/1912/31/2012/31/2112/31/2212/31/23CashAccounts receivableInventoriesNet plant and equipmentOperating LiabilitiesAccounts PayableAccrualsc. Calculate free cash flow for each projected year. Also calculate the growth rates of free cash flow each year to ensure that th.
Smallpox has been widely reported as a possible bio-terror weapon..docxjennifer822
Smallpox has been widely reported as a possible bio-terror weapon.
Explain what you
know about the etiology of the disease.
Include what you know about the
current state of the world’s immunity to smallpox.
Discuss how
effective (or ineffective) a smallpox weapon might be.
Include what kind
of defense could be mounted against such an attack.
.
Small mistakes are the steppingstones to large failures. How mig.docxjennifer822
Small mistakes are the steppingstones to large failures. How might this saying apply to this lesson, and do you agree?
In your responses, provide an example of a real-life seemingly small mistake with large consequences. By real-life, I mean a situation that actually happened, not a theoretical one.
.
SMALL GROUP LESSON 1
SMALL GROUP LESSON 2
Field Experience B: Small Group Lesson
Babita Mohabir
GCU
SEC 580
June 10, 2020
Small Group Lesson
I am highly satisfied with the lesson plan, particularly because it yielded the desired results proving that it was carefully crafted right from the beginning. My goal at the end of the lesson was to offer a good learning experience to the learners, and I achieved that. I was able to put into perspective all the factors which played a huge role in influencing the learning outcomes of the learners in the small group. I executed the lesson plan effectively. I engaged the learners and strengthened their understanding of the course content. By sharing the lesson plan with the learners through highlighting a visible agenda on the board about what they will be learning and doing during class time, I was able to keep them on track. I made a conscious effort to maintain eye contact in class, and this enhanced the involvement of the learners with the course content. I conveyed the content and instructions in a clear and specific manner so that the learners with poor listening comprehension were not left behind.
When attempting to put a point across in class, I ensured that my voice was loud enough and clear. This, coupled with the developed rules and regulations, enabled me to successfully maintain a degree of order and control in the class, and fully grasped the attention of the learners. Using relevant examples and analogies to demonstrate the mathematical concepts was successful as the learners were able to understand the topic more. I also succeeded in building a rapport with the learners thanks to the warm and friendly class atmosphere that I created. Additionally, I was successful in time management. I did not run out of time as all that I had planned to cover was completed within the stipulated timeline. Using a collaborative approach for teaching also succeeded in boosting involvement among all the learners. In regard to the improvements, apart from winding up the lesson by simply summarizing the main points learned, it would be a good idea to conclude by also previewing the next lesson. This means briefly striking a connection between the finished concept and the next coming concept. A combination of summarizing and previewing would spur the interest of the learners in the coming lesson and enable them to connect the various ideas within a much larger context.
The other improvement would have been establishing strategies to obtain learners’ feedback in order to gather insight into any shortcomings in my teaching technique. The lesson plan was effectively assessed since I had created several productive questions for each learning concept which I was to use to check for understa.
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Recording Transactions (Including Adjusting and Closing Entries)- Prep.pdfMax3zSLangdonj
Recording Transactions (Including Adjusting and Closing Entries), Preparing Financial
Statements, and Performing Ratio Analysis
Ben and Kelly Perry began operations of their Roof repair company (Perry Roofing, Inc.) on
January 1, 2020. The annual reporting period ends December 31. The trial balance on January 1,
2021, was as follows:
Debit
Credit
Cash
7,000
Accounts Receivable
5,000
Supplies
9,000
Equipment
Accumulated Depreciation (on equipment)
Intangible assets (long term, not detailed to simplify)
8,000
Accounts Payable
6,000
Notes Payable
Wages payable
Interest Payable
Income Taxes Payable
Unearned revenue
Common Stock (50,000 shares, $0.10 par value)
5,000
Additional Paid-in Capital
10,000
Retained Earnings
8,000
Service revenue
Depreciation expense
Supplier expense
Wage Expense
General and Administrative Expense
Interest Expense
Income Tax Expense
Totals
29,000
29,000
Transactions during 2021 follow:
Borrowed $18,000 cash on July 1, 2021, signing a one-year, 10 percent note payable.
Purchased equipment for $20,000 cash on July 1, 2021.
Sold 10,000 additional shares of capital stock for cash at $1.1 market value per share at the
beginning of the year.
Earned $110,000 in revenues for 2021, including $30,000 on credit and the rest in cash.
Incurred General and Administrative expenses of $16,000 for 2021, including $5,000 on credit
and the rest paid with cash.
Purchased $12,000 of supplies: $4,000 was paid in cash with the rest on account.
Collected accounts receivable, $18,000.
Paid accounts payable, $9,000.
Paid 50,000 cash for wage expense.
Received a $2,000 deposit on work to start January 15, 2022.
Declared and paid a cash dividend, $5,000.
Data for adjusting entries:
Supplies of $5,000 were counted on December 31, 2021.
Depreciation for 2021, $2,500.
Interest accrued on notes payable (to be computed).
Wages earned since the December 24 payroll but not yet paid, $800.
Income tax expense was $9,000, payable in 2022.
Required (all in an Excel file with separate spreadsheets):
Set up T-accounts for the accounts on the trial balance and enter beginning balances.
1) Prepare journal entries for transactions ( a ) through ( k ) and
2) Post them to the T-accounts.
1) Journalize the adjusting entries ( l ) through ( p ) and
2) Post them to the T-accounts.
Prepare a trial balance, with columns of both unadjusted and adjusted.
Prepare:
an income statement (including earnings per share),
statement of stockholders' equity, and
balance sheet.
Debit Credit
Cash 7,000
Accounts Receivable 5,000
Supplies 9,000
Equipment
Accumulated Depreciation (on equipment)
Intangible assets (long term, not detailed to 8,000
simplify)
Accounts Payable 6,000
Notes Payable
Wages payable
Interest Payable
Income Taxes Payable
Unearned revenue
Common Stock (50,000 shares, $0.10 par value) 5,000
Additional Paid-in Capital 10,000
Retained Earnings 8,000
Service revenue
Depreciation expense
Supplier expense
Wage Expense
General and Administrative Expense
Interest Expense
Inc.
Beale Management has a noncontributory- defined benefit pension plan-.docxJoeaP9Morgant
Beale Management has a noncontributory, defined benefit pension plan, On December 31,2024 (the end of Beale's fiscal year), the following pension-related data were available: Required: Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (i.e., 10 , 000 , 000 should be entered as 10 ). Required: Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (I.e., 10 , 000 , 000 should be entered as 10 ).
.
Current Attempt in Progress Crane Company recelved the following sele.pdfbhanupreetkaur1
Current Attempt in Progress Crane Company recelved the following selected information from
its peraion plan trustee concerning the operation of the companys. defined benefit pension plan
for the year ended December 31,2025 The service cost component of pension expense for
emplovee services rendered in the current year amounted to 578,000 and the amortization of
prior service cost was $121,300. The company's actual funding (contributions) of the plan in
2025 amounted to $247,000. The expected return on plan assets and the actuat rate were both
1006 ; the interest/discount (settiement) rate was 1005 Accumulated other comprehensive
income (PSC) had a balance of $1.213,000 on January 1.2025 . Assurne no benefits paid in 2025,
Determine the amounts of the components of pension expense that should be recognized by the
company in 2025. (Enter amounts that reduce pension expense with either a negative sign
preceding the number eg. - 45 or parenthesis eg. (45i.).
ChapterTool KitChapter 211/20/18Financial Statements, Cash Flow, and Taxes2-1 Financial Statements and ReportsThe annual report contains a verbal section plus four key statements: the balance sheet, income statement, statement of stockholders' equity, and statement of cash flows.Our spreadsheets use formulas rather than fixed numbers. For example, the cell for Total assets for the most recent year contains the Sum formula rather than just a fixed number. That way, if the data for any inputs (cash, for instance) change, the spreadsheet will automatically recalculate and provide the correct new value for Total assets.In financial modeling, it is helpful to users when input data is grouped together, so you should follow this practice in your own models, too.2-2 The Balance SheetINPUT DATA SECTION: Historical Data Used in the Analysis20192018Tax rate25%25%Weighted average cost of captal (WACC)11.50%11.50%Figure 2-1MicroDrive Inc. December 31 Balance SheetsOlder version in manuscript 4/20(Millions of Dollars)Assets20192018Assets20192018Cash and equivalents$100$110Cash and equivalents$100$102Short-term investments10182Short-term investments1040Accounts receivable500410Accounts receivable500384Inventories1,000830Inventories1,000774Total current assets$1,610$1,532Total current assets$1,610$1,300Net plant and equipment2,0001,780Net property, plant, and equipment (PP&E)2,0001,780Note: Net plant and equipment is equal to cumulative purchases of fixed assets less cumulative depreciation and cumulative disposed assets. Total assets$3,610$3,312Total assets$3,610$3,080Liabilities and EquityLiabilities and EquityAccounts payable$200$190Accounts payable$200$180Notes payable150100Notes payable15028Accruals400370Accruals400370Total current liabilities$750$660Total current liabilities$750$578Long-term bonds520500Long-term bonds520350Total liabilities$1,270$1,160Total liabilities$1,270$928Preferred stock (1,000,000 shares)100100Preferred stock (1,000,000 shares)100100Common stock (50,000,000 shares)500500Common stock (50,000,000 shares)500500Retained earnings1,7401,552Retained earnings1,7401,552Total common equity$2,240$2,052Total common equity$2,240$2,052Total liabilities and equity$3,610$3,312Total liabilities and equity$3,610$3,0802-2 The Income StatementFigure 2-2MicroDrive Income Statements (and Selected Additional Information) for Years Ending December 31(Millions, Except for Per Share Data)20192018Older version in manuscript 4/20Net sales$5,000$4,800Net sales50004680Costs of goods sold except depreciation3,9003,710Costs of goods sold except depreciation$3,900$3,618Depreciation and amortizationa200180Depreciation and amortizationa200180Other operating expenses500470Other operating expenses500470Earnings before interest and taxes (EBIT)$400$440Earnings before interest and taxes (EBIT)400412Less interest 6040Less interest $60$56Pre-tax earnings$340$400Pre-tax earnings340356Taxes85100Taxes$85$89Net Income before preferred dividends$255$300Net Income before ...
Gordon Company sponsors a defined benefit pension plan. The followin.pdfvickyaichslg
Gordon Company sponsors a defined benefit pension plan. The following information related to
the pension plan is available for 2014 and 2015.
2014
2015
%
A. Compute pension expense for 2014 and 2015.
B.Prepare the journal entries to record the pension expense and the company’s funding of the
pension plan for both years.
2014
2015Plan assets (fair value), December 31$1,423,863$1,729,413Projected benefit obligation,
January 11,425,9001,629,600Pension asset/liability, January 1285,180Cr.?Prior service cost,
January 1509,250488,880Service cost122,220183,330Actual and expected return on plan
assets48,88861,110Amortization of prior service cost20,37024,444Contributions
(funding)234,255244,440Accumulated benefit obligation, December
311,018,5001,120,350Interest/settlement rate8%8
%
Solution
2014
2015
Service cost
122,220
488,880
Interest (1,425,900 *8%)
114072
130368
Expected Return on plan assets
48,888
61110
Amortization of prior service cost
20370
24,444
Pension expense
305,550
704,802
2014
2015
Service cost
122,220
488,880
Interest (1,425,900 *8%)
114072
130368
Expected Return on plan assets
48,888
61110
Amortization of prior service cost
20370
24,444
Pension expense
305,550
704,802.
The post-closing trial balance of Wildhorse Corporation at December 3.pdffairdealinternationa
The post-closing trial balance of Wildhorse Corporation at December 31,2022 , contains the
following stockholders' equity accounts. A review of the accounting records reveals the
following. 1. No errors have been made in recording 2022 transactions or in preparing the
closing entry for net income. 2. Preferred stock is $50 par, 6%, and cumulative, 15,800 shares
have been outstanding since January 1,2021. 3. Authorized stock is 20,800 shares of preferred,
520,000 shares of common with a $10 par value. 4. The January 1 balance in Retained Earnings
was $1,190,000. 5. On July 1,19,400 shares of common stock were issued for cash at $18 per
share. 6. On September 1, the company discovered an understatement error of $92,400 in
computing salaries and wages expense in 2021 . The net of tax effect of $64,680 was properly
debited directly to Retained Earnings. 7. A cash dividend of $260,000 was dectared and properly
allocated to preferred and common stock on October 1. No dividends were paid to preferred
stockholders in 2021. 8. On December 31 , a 10% common stock dividend was declared out of
retained eamings on common stock when the market price per share was $18. 9. Net income for
the year was $595,000. 10. On December 31,2022 , the directors authorized disclosure of a
$208,000 restriction of retained earnings for plant
Compute the allocation of the cash dividend to preferred and common stock. Allocation of the
cash dividend to preferred stock Allocation of the cash dividend to common stock
(a) Reproduce the Retained Earnings account for 2022. (Uist items in order presented in the
problem.)
Prepare a stockholders' equity section at December 31, 2022. (Enter account name only and do
not provide descriptive information) WILDHORSE CORPORATION Partial Balance Sheet $$.
Company InformationACCT 370 Excel ProjectDollar General CorporatioLynellBull52
Company InformationACCT 370 Excel ProjectDollar General Corporation100 Mission Ridge, Goodlettsville, TN 37072Jennifer EdmondsCompany NameDollar General CorporationTicker SymbolDGIndustryDiscount RetailerProducts and Services OfferedDollar General offers a broad selection of merchandise, including consumable items, seasonal items, home products and apparel. Brands sold include national brads and private brand selections at every day low prices.Major CompetitorsDollar General Corporation's main competitors are Family Dollar, Dollar Tree, Big Lots, 99 Cents Only
Historical Income StatementsDollar General CorporationConsolidated Income StatementAs of January 29, 2021, January 31, 2020, and February 1, 2019$s in thousands, expect per share amountsFor the Year EndedJanuary 29, 2021January 31, 2020February 1, 2019Net Sales$ 33,746,839$ 27,753,973$ 25,625,043Cost of goods sold$ 23,027,977$ 19,264,912$ 17,821,173Gross profit$ 10,718,862$ 8,489,061$ 7,803,870Selling, general and administrative expenses$ 7,164,097$ 6,186,757$ 5,687,564Operating profit$ 3,554,765$ 2,302,304$ 2,116,306Interest expense$ 150,385$ 100,574$ 99,871Other (income) expense$ - 0$ - 0$ 1,019Income before income taxes$ 3,404,380$ 2,201,730$ 2,015,416Income tax expense$ 749,330$ 489,175$ 425,944Net income$ 2,655,050$ 1,712,555$ 1,589,472Earnings per share:Basic$ 10.70$ 6.68$ 5.99Dilute$ 10.62$ 6.64$ 5.97Weighted average shares outstanding:Basic248,171256,533265,155Dilute250,076258,053266,105Dividends per share$ 1.44$ 1.28$ 1.16
Historical Balance SheetsDollar General CorporationConsolidated Balance SheetsAs of January 29, 2021, January 31, 2020, and February 1, 2019$s in thousands, expect per share amountsFor the Year EndedJanuary 29, 2021January 31, 2020February 1, 2019ASSETSCurrent assets:Cash and cash equivalents$ 1,376,577$ 240,320$ 235,487Merchandise inventoires5,247,4774,676,8484,097,004Income tax receivable90,76076,53757,804Prepaid expenses and other current assets199,405184,163272,725Total current assets6,914,2195,177,8684,663,020Net property and equipment3,899,9973,278,3592,970,806Operating lease assets9,473,3308,796,183-Goodwill4,338,5894,338,5894,338,589Other intangible assets, net1,199,8701,200,0061,200,217Other assets, net69,61934,07931,406Total assets25,895,62422,825,08413,204,038LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Current portion of long-term obligation- 0- 01,950Current portion of operating lease liabilities$ 1,074,079$ 964,805$ -Accounts payable3,614,0892,860,6822,385,469Accured expenses and other1,006,552709,156618,405Income taxes payable16,0638,36210,033Total current liabilities5,710,7834,543,0053,015,857Long-term obligations4,130,9752,911,9932,862,740Long-term operating lease liabilities8,385,3887,819,683- 0Deffered income taxes710,549675,227609,687Other liabilities263,691172,676298,361Commitments and contingenciesShareholder's equity:Preferred stock- 0- ...
A process that allows multiple private and public organizations to lower their debt and improve their financial deficit by the means of asset transfer, equity exchange or increased payment time is known as debt restructuring. The following presentation provides an overview of the entire process of debt restructuring and how an organization can use it as tool to lower the debt. Initially this presentation provides an overview of the organization, its services and financial performance. These financial parameters can be revenues, gross profit, net profit and earning per share. Once the overview is provided the following the organization then needs to perform an in depth analysis of its current financial performance Multiple key aspect of the performance are covered such as the Income Statement, balance sheet, cash flow statement and other key ratios are captured. These ratios can be Price to Earning Ratio, Stock Turnover Ratio, Account Receivable Ratio, Creditor Turnover Ratio, Return on Equity and Account Payable Ratio. Once the financial performance is analyzed multiple options that can help the organization to recover from their debts are considered. These methods can be Merger and Acquisition, Debt Restructuring, Financial Restructuring and Bankruptcy. After Identifying multiple methods, a comparative analysis of these options is performed. After careful analysis debt restructuring is chosen to be the best option for the organization. After choosing debt restructuring as an option the organization initially studies the entire process of the same. The organization first goes through stabilization phase in which various pain points of the organization are identified and existing debt are reviewed. After that in preparation stage multiple regulatory requirements are identified and communication method for shareholder are considered. In the final stage Implementation, the actual process of debt restructuring begins as three major ways of debt restructuring transfer of Asset, Exchange of equity and Increase in payment time are studied. In the end multiple risk associated to debt restructuring are evaluated and mitigation strategies for the same are considered. The impact of debt restructuring is also evaluated and multiple KPIs Key performance indicators are decided to study the overall effect of debt restructuring. https://bit.ly/2NBhd1T
Carter is a small regional food producer whose specialty is high-q.docxjasoninnes20
Carter is a small regional food producer whose specialty is high-quality nut products sold in the snack foods market. The company decided in 2018 to undertake a major expansion and “go national” in competition with some major snack foods companies. The company believes that its products were of higher quality than its competitors and that this quality difference will enable it to charge a premium price which would lead to greatly increased sales, profits and stock price. The company double its plant capacity and undertaken a major marketing campaign in an attempt to “go national.” Thus far, sales have not been up to the forecasted level, costs have been higher than were projected, and a large loss occurred in 2019, rather than the expected profit. As a result, its managers, directors, and investors are concerned about the firm’s survival.
Joan Watson was brought in as assistant to John King, Johnson’s chairman, who had the task of getting the company back into a sound financial position. Carter’s 2018 and 2019 actual balance sheets and income statements, together with projections for 2020, are given in Tables 1 and 2. In addition, Table 3 gives the company’s 2018 and 2019 financial ratios, together with industry average data. The 2020 projected financial statement data represent the company’s best guess for 2020 results, assuming that some new financing is arranged to get the company “over the hump.”
Watson examined monthly data for 2019 (not given in the case), and she detected an improving pattern during the year. Monthly sales were rising, costs were falling, and large losses in the early months had turned to a small profit by December. Thus, the annual data look somewhat worse than final monthly data. Also, it appears to be taking longer for the advertising program to get the message out, for the new sales offices to generate sales, and for the new manufacturing facilities to operate efficiently. In other words, the lags between spending money and deriving benefits were longer than Carter’s managers had anticipated. For these reasons, the company see hope for the company—provided it can survive in the short run.
Watson must prepare an analysis of where the company is now, what it must do to regain its financial health, and what actions should be taken. Your assignment is to help her answer the following questions. Provide clear explanations, not yes or no answers.
Table 1.
Balance Sheets
2020E 2019 2018
Assets
Cash $ 85,632 $ 7,282 $ 57,600
Accounts receivable 878,000 632,160 351,200
Inventories 1,716,480 1,287,360 715,200
Total current assets $ 2,680,112 $ 1,926,802 $ 1,124,000
Gross fixed assets 1,197,160 1,202,950 491,000
Less accumulated depreciation 380,120 263,160 146,200
Net fixed assets $ 817,040$ 939,790$ 344,800
Total assets $ 3,497,152$ 2,866,592$ 1,468,800
Liab ...
AC311—Marcus DoxeyHomework Assignment 3 – Pensions and Income Ta.docxannetnash8266
AC311—Marcus Doxey
Homework Assignment 3 – Pensions and Income Taxes
30 points
DUE Tuesday, October 8th, 2013 AT THE BEGINNING OF CLASS
NO LATE ASSIGNMENTS ACCEPTED
Required:
Complete the three problems on the following pages.
Notes and instructions:
Complete all questions by writing the answers in the spaces provided.
You may work with other people, but I recommend doing this on your own to make sure that you understand what you are doing—these concepts are very important.
It is important that you try to figure this out on your own; therefore, I will not answer any questions that give away an answer, but I am more than happy to help clarify concepts or answer other questions about the topic and assignment.
1. 3 points
On December 31, Year 1, Cohen Company established a noncontributory defined-benefit pension plan covering all of its employees. On that date, Cohen contributed $45,000 to the plan. No benefits were earned in Year 1. At December 31, Year 2, Cohen determined that the present value of all benefits earned in Year 2 was $63,000. The expected and actual return on plan assets for Year 2 was 8%. Cohen’s pension expense has no other components other than those implied by the information above. What amount should Cohen report in its December 31, Year 2, income statement as pension expense?
Work:
2. 3 points
The following information pertains to Wareham Company’s pension plan:
Actuarial estimate of projected benefit obligation (PBO) at 1/1/Year 1 $10,000
Assumed discount rate 4%
Service cost for Year 1 $2,400
Pension benefits paid during Year 1 $2,100
If no change in actuarial estimates occurred during Year 1, Wareham’s PBO at December 31, Year 1, is:
Work:
3. On December 31, Year 1 and Year 2, Cliff Garcia Company had the following defined benefit pension plan balances:
12/31/Y1
12/31/Y2
Fair value of plan assets
2,100,000
2,065,000
Projected benefit obligation
2,250,000
2,503,500
Unrecognized prior service cost
190,000
140,000
Unrecognized net loss
250,500
308,400
At December 31, Year 1, the employees participating in the plan had an average remaining service period of 5 years. No new prior service cost arose in Year 2.
The Year 2 service cost was $310,000. The company uses an expected return on plan assets of 7% when calculating net periodic pension cost, but had an actual return on plan assets in Year 2 of 4%. The company’s discount rate is 5%.
Contributions to the plan totaled $50,000 in year 2. There were no changes in actuarial assumptions during the year.
Part 1. 15 points
Calculate net periodic pension cost for Year 2. Enter the amounts in the spaces below, making sure to put a plus sign (+) in front of numbers that increase pension cost and a negative sign (-) in front of numbers that decrease pension cost:
Service cost (3 pts)
Interest cost (3 pts)
Return on plan assets (3 pts)
Amortization of prior service cost (3 pts)
Loss amortization (3 pts).
I will give thumbs up for correct answers ASAP Thank you B.pdfadianantsolutions
I will give thumbs up for correct answers ASAP! Thank you!
Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2024
(the end of Beale's fiscal year), the following pension-related data were available: Required:
Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior
service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit
amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions
(i.e., 10,000,000 should be entered as 10 ).Required: Prepare a pension spreadsheet to show the
relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and
the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a
positive sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10)..
Strategies To Overcome Bankruptcy PowerPoint Presentation SlidesSlideTeam
Strategies To Overcome Bankruptcy PowerPoint Presentation Slides is a virtual solution for astute business professionals. Our well-structured PowerPoint theme is suitable to showcase strategies to avoid bankruptcy. Elaborate on the influence of bankruptcy on an organization and illustrate ways to settle outstanding debts. Elucidate the financial health from the last 3 years, current risk areas, and unsettled liabilities to represent the present scenario. Utilize our issues of bankruptcy PPT template deck to present a detailed financial investigation. Portray key financial ratios, income statement, balance sheet, and cash flow statement. Our challenges of insolvency PowerPoint presentation help you in consolidating the impact, and future forecast after implementing strategies on the organization. Employ tabular format to compile methods of communicating with the stakeholders. Describe bankruptcy risk identification and mitigation strategies through this PPT slideshow. Address the bankruptcy process including the filing procedures and consequences. So, hit the button and begin instant personalization. Our Strategies To Overcome Bankruptcy PowerPoint Presentation Slides are explicit and effective. They combine clarity and concise expression. https://bit.ly/386saCu
Conversion worksheetGreen shaded cells are from Chapter 5 financia.docxmaxinesmith73660
Conversion worksheetGreen shaded cells are from Chapter 5 financial StatementsEnter all amounts as positive numbers. The worksheet is formatted to add debits to assets & expenses and add credits to revenues, liabilities & equityRefr. Account TitlesDebitsCreditsGov'tal Fund Balances Adjustments & EliminationsGovern-mental Funds AdjustedInternal Service FundsBalances for Gov't-wide StmtsDebitsCreditsDebitsCreditsAtype debit accounts in this columnDEBITS:type credit accounts in this columnCash830,320830,320830,320Cash with Fiscal Agent928,000928,000928,000Investments259,000259,000259,000Taxes Receivable, net274,000274,000274,000Interest Receivable, net16,85016,85016,850Inventories--Due from State Govt.580,000580,000580,000Due from Other Funds--Capital Assets-- both rows--Expenditures (expenses) Current- General Govt.1,646,9001,646,9001,646,900 Public Safety3,026,9003,026,9003,026,900 Highway and Streets2,471,9002,471,9002,471,900 Sanitation591,400591,400591,400 Health724,100724,100724,100 Welfare374,300374,300374,300 Culture and Recreation917,300917,300917,300Compensated Absences Exp--Other Expenditures (expenses)-- - Debt Service Principal800,000800,000800,000 - Interest (expenditure/expense)514,000514,000514,000 both rows - Capital Outlay5,798,1005,798,1005,798,100 - Depreciation--Other Fin. Uses - Transfers Out1,876,7001,876,7001,876,700-Total Debits21,629,77021,629,770CREDITS:Accounts Payable493,400493,400493,400Due to Other Funds40,20040,20040,200Accrued Interest Payable--Bonds Payalbe both rows--Premium on Bonds--Compensated Absence Payable--Advance from Water Utility Fund--Deferred Inflows: Property Taxes27,50027,50027,500Accumulated Depreciation both rows--Revenues-Property Taxes6,657,5006,657,5006,657,500Sales Taxes2,942,0002,942,0002,942,000Interest21,22021,22021,220Licenses & Permits800,000800,000800,000Miscellaneous350,000350,000350,000State Grant for Highway Street Expenses1,072,0001,072,0001,072,000Capital Grant- Gen Gov't332,000332,000332,000Capital Grant- Public Safety1,320,0001,320,0001,320,000----Other Financing Sources--Proceeds of Bonds4,000,0004,000,0004,000,000Premium on Bonds200,000200,000200,000Transfers In1,876,7001,876,7001,876,700Net Position at beginning of year- three rows1,497,2501,497,2501,497,250Total Credits21,629,77021,629,770column totals: debits = credits ??------
CITY OF MONROE
WORKSHEET TO CONVERT GOVERNMENTAL ACTIVITIES TO ACCRUAL BASIS
Stmt of ActivitiesProgram RevenuesNet (Expense) Revenue and Change in Net PositionExpensesCharges for ServicesOperational Grants and ContributionsCapital Grants and ContributionsGovernmental ActivitiesBusiness-Type ActivitiesTotalFunctions/ProgramsGovernmental Activities: General Government$ -$ - Public Safety-- Highways and Streets-- Sanitation-- Health-- Welfare-- Culture and Recreation-- Depreciaiton-- Interest-- Compensated Absneces-- Total Governmental Activities------Business Type Activi.
Build-a-modelStarting with this partial model, which contains fina.docxrichardnorman90310
Build-a-modelStarting with this partial model, which contains financial statements and other information, complete sections a thru g. All sections in yellow must be completed using formulas. All data must be computed using formulas referencing data from the financial statements and other data. Manual entry of data for solutions will result in zero points for the particular calculation.Income Statement for the Year Ending December 31 (Millions of Dollars)2019Net Sales$ 800.0Costs (except depreciation)$ 576.0Depreciation$ 60.0 Total operating costs$ 636.0Earning before int. & tax$ 164.0 Less interest$ 32.0Earning before taxes$ 132.0 Taxes (25%)$ 33.0Net income before pref. div.$ 99.0 Preferred div.$ 9.00Net income avail. for com. div.$ 90.0Common dividends$ 30.0Addition to retained earnings$ 60.0Number of shares (in millions)10Dividends per share$ 3.00Tax Rate25%Balance Sheets for December 31 (Millions of Dollars)Assets2019Liabilities and Equity2019Cash$ 28.0Accounts Payable$ 16.0Short-term investments40.0Notes payable30.0Accounts receivable80.0Accruals24.0Inventories180.0 Total current liabilities$ 70.0 Total current assets$ 328.0Long-term bonds$ 300.0Net plant and equipment600.0Preferred stock$ 90.0Total Assets$ 928.0Common Stock
(Par plus PIC)$ 257.0Retained earnings211.0 Common equity$ 468.0Total liabilities and equity$ 928.0Key Assumptions: Operating ratios remain unchanged from values in most recent year. Sales are expected to increase, 15%, 10%, 6%, and 6% during the next four years. The tax rate will remain at 25% and WACC is assumed to be 15% for all years. This data should be in a separate input table and referenced for the calculations when needed. This means you create an input table for the key assumptions data.a. Calculate the actual operating and projected ratios. Also fill in the tax rate and WACC for each year. (6.75pts)InputsActualProjectedProjectedProjectedProjected12/31/1912/31/2012/31/2112/31/2212/31/23Sales Growth RateCosts/SalesDepreciation/(Net PPE)Cash/Sales(Acct. Rec.)/SalesInventories/Sales(Net PPE)/Sales(Acct. Pay.)/SalesAccruals/SalesTax rateWeighted average cost of capital (WACC)b. Forecast the parts of the income statement and balance sheets necessary to calculate free cash flow. (13.75pts)Partial Income Statement for the Year Ending December 31 (Millions of Dollars)ActualProjectedProjectedProjectedProjectedIncome Statement Items12/31/1912/31/2012/31/2112/31/2212/31/23Net SalesCosts (except depreciation)Depreciation Total operating costsEarning before int. & taxPartial Balance Sheets for December 31 (Millions of Dollars)ActualProjectedProjectedProjectedProjectedOperating Assets12/31/1912/31/2012/31/2112/31/2212/31/23CashAccounts receivableInventoriesNet plant and equipmentOperating LiabilitiesAccounts PayableAccrualsc. Calculate free cash flow for each projected year. Also calculate the growth rates of free cash flow each year to ensure that th.
Similar to Skysong Co. has the following defined benefit pension plan balances .docx (18)
Smallpox has been widely reported as a possible bio-terror weapon..docxjennifer822
Smallpox has been widely reported as a possible bio-terror weapon.
Explain what you
know about the etiology of the disease.
Include what you know about the
current state of the world’s immunity to smallpox.
Discuss how
effective (or ineffective) a smallpox weapon might be.
Include what kind
of defense could be mounted against such an attack.
.
Small mistakes are the steppingstones to large failures. How mig.docxjennifer822
Small mistakes are the steppingstones to large failures. How might this saying apply to this lesson, and do you agree?
In your responses, provide an example of a real-life seemingly small mistake with large consequences. By real-life, I mean a situation that actually happened, not a theoretical one.
.
SMALL GROUP LESSON 1
SMALL GROUP LESSON 2
Field Experience B: Small Group Lesson
Babita Mohabir
GCU
SEC 580
June 10, 2020
Small Group Lesson
I am highly satisfied with the lesson plan, particularly because it yielded the desired results proving that it was carefully crafted right from the beginning. My goal at the end of the lesson was to offer a good learning experience to the learners, and I achieved that. I was able to put into perspective all the factors which played a huge role in influencing the learning outcomes of the learners in the small group. I executed the lesson plan effectively. I engaged the learners and strengthened their understanding of the course content. By sharing the lesson plan with the learners through highlighting a visible agenda on the board about what they will be learning and doing during class time, I was able to keep them on track. I made a conscious effort to maintain eye contact in class, and this enhanced the involvement of the learners with the course content. I conveyed the content and instructions in a clear and specific manner so that the learners with poor listening comprehension were not left behind.
When attempting to put a point across in class, I ensured that my voice was loud enough and clear. This, coupled with the developed rules and regulations, enabled me to successfully maintain a degree of order and control in the class, and fully grasped the attention of the learners. Using relevant examples and analogies to demonstrate the mathematical concepts was successful as the learners were able to understand the topic more. I also succeeded in building a rapport with the learners thanks to the warm and friendly class atmosphere that I created. Additionally, I was successful in time management. I did not run out of time as all that I had planned to cover was completed within the stipulated timeline. Using a collaborative approach for teaching also succeeded in boosting involvement among all the learners. In regard to the improvements, apart from winding up the lesson by simply summarizing the main points learned, it would be a good idea to conclude by also previewing the next lesson. This means briefly striking a connection between the finished concept and the next coming concept. A combination of summarizing and previewing would spur the interest of the learners in the coming lesson and enable them to connect the various ideas within a much larger context.
The other improvement would have been establishing strategies to obtain learners’ feedback in order to gather insight into any shortcomings in my teaching technique. The lesson plan was effectively assessed since I had created several productive questions for each learning concept which I was to use to check for understa.
Small Group Discussion Grading RubricParticipation for MSNSmal.docxjennifer822
Small Group Discussion Grading Rubric
Participation for MSN
Small Group Discussion Guiding Principles
The ideas and beliefs underpinning the small group discussions (GDs) guide students through engaging dialogues as they achieve the desired learning outcomes/competencies associated with their course in a manner that empowers them to organize, integrate, apply and critically appraise their knowledge to their selected field of practice. The use of GDs provides students with opportunities to contribute level-appropriate knowledge and experience to the topic in a safe, caring, and fluid environment that models professional and social interaction. The GD’s ebb and flow is based upon the composition of student and faculty interaction in the quest for relevant scholarship. Participation in the GDs generates opportunities for students to actively engage in the written ideas of others by carefully reading, researching, reflecting, and responding to the contributions of their peers and course faculty. GDs foster the development of members into a community of learners as they share ideas and inquiries, consider perspectives that may be different from their own, and integrate knowledge from other disciplines.
Participation Guidelines
Each weekly group discussion is worth a maximum of 50 points. Students must post a minimum of four times in each discussion. One of these posts must be a summary of learning for the week. The initial response to the discussion prompt must be posted by Wednesday, 11:59 p.m. MT, of each week. Each of the subsequent posts must occur on days following the initial response. The final posting deadline for all subsequent posts is by Sunday, 11:59 p.m. MT of each week. For week 8 only, subsequent posts must occur by the Saturday deadline-11:59 pm MT. If the student does not meet the Wednesday posting deadline for the initial posting, a late penalty is applied of 5 points. Not meeting the requirements for subsequent postings, either in number or deadline, will result in a loss of 5 points.
Group Discussion Responses
Small group discussions provide the opportunity for deep exploration and new knowledge discovery of course topics. This type of exploration requires synthesis of various sources of information. Responses in group discussions should be substantive, reflect the student’s personal position on the topic, thoroughly address the information being asked for by the prompt, and include insights based on others’ postings. Direct quotes in group discussions should be a rare occurrence. These are to be limited to one short quotation (not to exceed 15 words). The quote must add substantively to the discussion. Points will be deducted under Scholarliness and/or Course Knowledge rubric categories.
MSNST_GroupDiscussionGradingRubric_Final_2019.02.21 Executive Track
MSNST_GroupDiscussionGradingRubric_Final_2019.02.21 Executive Track
MSN-ST Executive Track
Small Group Discussion Grading Rubric Guidelines
Point Values
Except.
SM Nonprofit Ad Campaign Term Project InstructionsOverview.docxjennifer822
SM Nonprofit Ad Campaign Term Project Instructions
Overview
Marketing can inspire change, generate donations, and inform the public. However, nonprofits often lack the marketing prowess needed to reach consumers. You are tasked to create a marketing ad and social media campaign for a nonprofit you choose. Visit the nonprofit website to understand their purpose and align the ad campaign you create.
Choose one of the following charities on the website to build a social media ad campaign.
https://charity.lovetoknow.com/Top_100_Charities
The below items are to be turned in on Blackboard in a Word document. Each student is responsible for submitting their own unique work. Check SafeAssign at submission for plagiarism; unintentional plagiarism is still plagiarism.
Ad Content
1) Ad/image that can standalone (if posted on a social media platform in smartphone or desktop view). Ad should be unambiguously clear, easy to read within moments, and eye-catching. Content needs to be accurate, informative, and convincing to change behavior.
Include the name of the charity and method to connect with existing platforms.
Written responses describing the ad campaign
Written work: 2-3 pages, 1-inch margins 12-point Times New Roman/Arial font, double spaced. Be specific with details, use examples, and thoroughly explain your reasoning. The written work should articulate your knowledge about social media strategy, marketing mix, research measures, and other materials covered throughout this course. Demonstrate your understanding of course materials by writing about these topics.
2) Describe what is the content in the ad (e.g. Call to Action (CTA) hashtag, information guide, change behavior, draw clicks to website)? Be specific. Restating these examples is insufficient.
3) What is the name of the ad campaign? What is this social media ad campaign trying to do? Thoroughly explain your reasoning and be specific.
4) What is the method for releasing on social media (e.g. platform, timing, target market, length of campaign)? Elaborating and be specific with details.
5) What are the measures for success (e.g. how many likes/comments/shares)? State specific goals and figures that would indicate if the campaign was successful.
Sample Ads
Note: These are basic samples. The quality of work and attention to details should be greater. Expectations in the workplace are higher for employees creating marketing materials because businesses depend on generating revenue from these kinds of ads. In fact, these sample ads draw website visits. Notice what works and doesn’t work from the samples.
https://www.studentdigz.co.za/sharing-is-caring/
Graphic CPR ad example with moving pictures:
https://carrington.edu/blog/medical/how-to-perform-cpr/
https://www.cprcertified.com/how-to-perform-hands-only-cpr-infographic
https://www.dreamstime.com/stock-illustration-benefits-drinking-water-infographic-vector-illustration-image675702.
Small Business State of the UnionInterest and involvement in s.docxjennifer822
Small Business "State of the Union"
Interest and involvement in small business and entrepreneurial activities is an integral part of United States economy thorough both good and "challenging" times. To see how "things" are doing, your assignment is to research the today's climate of small business and its economic impact. Included in your submission could/should be information related to numbers of what "defines" a small business , employers and employees, job growth, current numbers of small businesses (which will vary dependent upon sources utilized), women-owned and minority-owned business statistics, as well as information related to business turnover (closures for whatever reasons). Other economic areas to explore include exporting activities tied to small business, federal and state procurement activities (selling to the government), innovation activities (and federal funds which may have been awarded to small businesses to assist with innovation), and federal and/or state sources of funding which may have been utilized.
Recommended resources for use on this assignment would be the U.S. Census data, Small Business Administration (SBA), Department of Labor (DOL), Internal Revenue Service (IRS) and other reputable sites. Popular press information can also be utilized to supplement (e.g. Entrepreneur Magazine, INC. Magazine, Forbes, etc.)
Please utilize the most current year data available
in your narrative and provide a source document at the end of your work identifying the resources cited.
This paper should be 3-4 pages (not including source document) in length with a thorough discussion and explanation of the information provided. As always, your final thoughts regarding the findings are acceptable and appreciated.
.
Small Business and Forms of Business Ownershiphttpwww.wil.docxjennifer822
Small Business and Forms of Business Ownership
http://www.wileybusinessupdates.com
Chapter
5
1
Discuss why most businesses are small businesses.
Determine the contributions of small businesses to the economy.
Discuss why small businesses fail.
Identify the available assistance for small businesses.
1
Learning Objectives
Outline the forms of private business ownership.
Describe the public and collective ownership of business.
Discuss organizing a corporation.
Explain what happens when businesses join forces.
2
3
4
7
8
5
6
2
99.7% of all U.S. companies are considered small businesses.
These firms have generated 65% of new jobs in the past two decades
They employ half of all private sector workers
Most Businesses are Small Businesses
3
The Small Business Administrationdefines a small business to be a firm that is independently owned and operated and is not dominant in the field.
Manufacturing business: fewer than 500 workers
Wholesalers: fewer than 100 workers
Retailers: less than $7 million in annual sales
Agricultural business: less than $750,000
What is Small Business?
4
Typical Small-Business Ventures
5
Major Industries Dominated by Small Businesses
6
Creating New Jobs
Creating New Industries
Innovation
Contributions of Small Business
7
3 in 10 businesses close permanently within two years.
50% of businesses fail within five years.
By the 10-year mark, 66% of all small businesses have closed permanently.
Small Business Failure
8
Management Shortcomings
Inadequate Financing
Government Regulation
Reasons Why Small Business Fail
9
Government agency concerned with helping small business firms
Financial Assistance
Loan Guarantees
Microloans
Small Business Investment Companies (SBICs)
Small Business Administration
10
More than 40% of U.S. businesses are owned by women (10 million businesses)
The number of businesses owned by minorities outpaced the growth in the number of U.S. businesses overall.
Women and minorities still face challenges:
Opportunities for Women & Minorities
11
Minority-Owned Businesses
12
Forms of Private Business Ownership
Figure 5.4 Forms of Business Ownership
13
Domestic, foreign, alien
S Corporation
Limited Liability Companies
Employee-Owned Corporations
Not-for-Profit Corporations
Types of Corporations
14
Public ownership – a unit or agency of government owns and operates an organization. Parking structures, water systems, turnpike authority.
Collective Ownership– collective ownership of a production, storage, transportation or marketing organization is a cooperative.
Public and Collective Ownership of Business
15
Stockholders – acquire stocks in exchange for ownership
Preferred Stock
Common Stock
Board of Directors – elected by stockholders to oversee corporation
Corporate Officers & Management – make major corporate de.
Small business was considered the future. Is it still amidst ev.docxjennifer822
Small business was considered the future. Is it still amidst everything going on in today's society? That being said, it is important to understand what an entrepreneur is and what is required to be successful.
What is your definition of an entrepreneur as applied business management? Do you think you have the motivation, determination, and resolve that are required for successful entrepreneurship? Explain. Including references and link.
.
SMALL BUSINESS LAW 1
SMALL BUSINESS LAW 3
Week 6 – Draft Research Paper
Brian Cooke
Wilmington University
BLA 310 – Small Business Law
04/23/2020
Abstract
It is indeed true that proper management of small businesses can offer protection from liability. Liability refers to the situation of being responsible for a particular act. A business is liable financially and legally. Proper liability risk management protects small businesses. The paper discusses several ways in which adequate management of liability risks can help in protecting small businesses against liabilities such as financial liabilities and legal liabilities. Proper procurement, cost, and change management also protect small businesses against liabilities.
How Proper Management of a Small Business Can Provide Protection from Liability
Operating a business can be fun, profitable, and challenging. However, the owner of a small business is legally liable hence can get sued. A lawsuit can be costly, emotionally draining, and time-consuming. For many small businesses, accusations associated with pending lawsuits can seriously damage their reputation. Civil suits against companies have increased by over 300% in the past two decades. Owners of small businesses need to protect themselves from huge expenses and devastating results resulting from unfavorable decisions in court. Many owners of small businesses fear to incur losses if a particular individual sues them. This is mainly for business owners who finance their companies using their capital. Liability comes in the form of financial liability and legal liability. These forms of liability have significant impacts on small businesses. There are several ways in which small business owners can go about limiting the possibility of legal liabilities to ensure the continuity of a business. They include purchasing specific types of insurance covers and transforming the business into a limited liability company or corporation (LLC) (Gupta, 2019). These ways will help safeguard small companies against liability. However, one significant way in which small business owners can protect their businesses from liability is to ensure that various aspects of a business are properly managed. This paper examines how proper management of small companies can offer protection from liability.
Getting to Understand the Business Liability
Liability refers to the situation of being responsible for a particular act (Mancuso, 2019). A business is liable financially and legally (Mancuso, 2019). Any business is financially liable since there are some liabilities, such as payable debts. For instance, if a business applies for a loan, the outstanding loan balance will be regarded as a liability. This is because the business is responsible and obli.
Small Business Data BreachThesis statement In this i.docxjennifer822
Small Business Data Breach
Thesis statement:
In this incredibly fast pace world where technology is moving at the speed of light, it is becoming normal to hear of different businesses being invaded by cyber attacks. When this happens, the personal information of consumers and private information about the company are exposed. This exposure can create a financial hardship for small businesses and break the trust of their consumers.
Body
Small Business
How to protect the personal information of their customers.
How to respond to attack
What do they say to customers when there has been a breach
Who are the people trying to breach your business’s information and what are they after?
Personal information
Money
Business secrets
Conclusion
Being prepared and what it looks like to be prepared
The number of small business effected every year
.
Small Business Consulting Report I. INTRODUCTION In this sma.docxjennifer822
Small Business Consulting Report
I. INTRODUCTION In this small consulting report, we will be analyzing the company WOSH to determine its strengths, weaknesses and possible solutions to all of its operational problems which can be addressed from a consulting perspective. We will provide an in depth report which will outline the approach we feel should be deemed best for the company to follow to gain success in their industry. In this report we will not present a financial analysis of the company due to the fact that the company’s owner has decided the information is too confidential to share with anyone, but himself and his personal financial team at this moment. We will instead focus on the other aspects of the business which can be fully analyzed and possibly improved upon. In our report we will be looking directly into many aspects of the company’s current operations. We will begin by analyzing the company’s background. We will look briefly at when and where it was founded, who founded it, what their mission statement is, what their ultimate goal is in terms of expansion and what are their primary products or services they offer. We will then take a brief look at what the company’s structure is like. We will do this in order to try to later determine where all decisions are made and by who and which level in the company has the most influence on how effectively the company is run. This can be very important when analyzing how a firm conducts day-to day operations. We will then take a look at all aspects of the company separately to try to find problems in the company’s operations. We will first take a look at the company’s current management approach, which refers to the way current management is handling all assets and employees which can be either loosely or closely managed. We will try to determine if all assets are being put to the best use possible with their approach or if a different approach is needed. We will also be looking into the company’s current marketing strategy and we will try to determine why they have chosen that specific strategy. In addition, we will determine whether or not this chosen strategy is the best fit for the company or if a different strategy approach may serve the company better and more effectively. Next we will look at the company’s current target market and we will determine if it is in fact the current target market the company is attracting. If it is not, then we will try to analyze why this is happening or even try to evaluate if they are even reaching those who they want and need to reach. Additionally, we will also take a look at how regular customers and businesses customers feel about the company. Talking to regular customers and business customers will help us determine their level of satisfaction and also to determine whether the company has any competitive advantages which helps distinguish it from competition. We will then evaluate if these advantages could possibly can be.
SlumlordsAssume you are the Chief of Police in a large city..docxjennifer822
Slumlords
Assume you are the Chief of Police in a large city. You have received several complaints regarding dilapidated homes in the city. These homes appear to be run by a slumlord(s). You must present this issue at the city council meeting for action.
Discuss the steps you would take to resolve this problem. What consequences do you foresee? What will you do?
.
SLP- IT Governance Dashboards, which display data using graphi.docxjennifer822
SLP- IT Governance
Dashboards, which display data using graphics, have become commonplace. They are used for many applications, such as showing voter turnout in different states during national elections. The first informational dashboards were used in early automobiles and featured gauges to indicate speed and mileage. Current automobile dashboards have become digital and can tell us much more about car performance than just miles per hour and distance traveled.
The dashboard concept is now used to render large amounts of data into a form that can be easily interpreted. Often, dashboards are interactive to allow the user to change some of the data inputs and displays. The Web now abounds in dashboards. The news media (CNN, MSNBC, etc.) are big on them.
The following dashboard was powered by live election results in the 2016 presidential election: www.politico.com/2016-election/results/map/president
Describe another website (not about elections) that provides an example of a dashboard that can be used in Business Intelligence or in other areas to inform the viewer. Describe the data in the dashboard and discuss how the information is provided in the dashboard.
SLP Assignment Expectations
Provide a link to a digital dashboard used for Business Intelligence. Provide details on how the digital dashboard is used and your impression of the effectiveness of the dashboard. This should take 2 to 3 pages.
Background Readings
https://youtu.be/03jCdpwmdsU -Lecture Database and Big Data
Anand, Abhijith, Coltman, Tim, & Sharma, Rajeev (2016). Four steps to realizing business value from digital data stream. MIS Quarterly Executive,15(4), 259-277. How to Find MIS Quarterly Executive
Read Chapters 2 and 3 in:
Business Information Systems (2015). Business Information Systems (2015). The Saylor Foundation. www.saylorbooks.com Creative Commons Book.
Chen, Hong-Mei, Schütz, Roland, Kazman, Rick, & Matthes, Florian (2017). How Lufthnsa capitalized on big data for business model renovation. MIS Quarterly Executive, 16(1), 19-34. How to Find MIS Quarterly Executive
Introduction to Computer Information Systems/Information Systems, Creative Commons license. Section 2. https://en.wikibooks.org/wiki/Introduction_to_Computer_Information_Systems
Ives, Blake, Palese, Biagio, & Rodriguez, Joaquin A. (2016). Enhancing customer service through the Internet of Things and digital data streams. MIS Quarterly Executive, 15(4), 279-297. How to Find MIS Quarterly Executive
Maring, Kristen. E (2015) Ethical issues in the big data industry. MIS Quarterly Executive, 14(2), 67-85. How to Find MIS Quarterly Executive
Mehrabani, Afshin (2014). Mongo: DB high availability: Design and implement a highly available server using the latest features of MondoDB. Birmingham, UK: Packt Publishing. Available in the Trident Online Library.
Read Chapter 8 in: Pearlson, K.E. and Saunders, C.S. (2010). Managing and using information systems: A strategic approach. John Wiley & Sons. .
Slowing Down Global WarmingAs Hite and Seitz (2016) discuss .docxjennifer822
Slowing Down Global Warming
As Hite and Seitz (2016) discuss in Chapter 5: Climate Change, reputable scientific studies continue to show that the Earth is warming at an unsustainable rate because of a rise in the release of CO2 and methane gases.
What is the relationship between population increases and climate change? Do you think fertility control is an effective strategy to halt climate change? Why or why not?
.
SLO 4 - Technology Use the computer for research, computation and.docxjennifer822
SLO 4 - Technology:
Use the computer for research, computation and word processing for written reports, conducting online quizzes, problem solving, and electronic communication and to become aware of available tools and resources.
SLO 5: Discipline/Subject Area Specific Content Material:
Analyze and apply sociological concepts to understanding the structure and dynamics of marriages, families and relationships.
Instructions
For this analysis, you will choose just ONE source from one of the following groups that that relates to the topic and goals you stated in your proposal. Use ONE sociological theory to analyze and interpret the content of the source you chose.
Mainstream News Media: newspaper, magazine, or web-based articles
Entertainment: Recent T.V. shows, movies, books, music (lyrics, videos)
Government or public policy sources
Peer-reviewed professional or academic Journals – articles for analysis 5 must be from peer-reviewed journals
.
SLO # 1Apply knowledge of the roles of interdisciplinary team m.docxjennifer822
SLO # 1:
Apply knowledge of the roles of interdisciplinary team members to improving access to healthcare and health outcomes of clients from various cultures
SLO # 2:Discuss barriers to healthcare access for clients from various cultures
3 pages excluding cover page and reference page
.
slides10 Crusade and the Twelfth Century.pptx.docxjennifer822
slides/10 Crusade and the Twelfth Century.pptx
3
León’s First Queen
Alfonso VI married his daughter to
Alfonso I of Aragon.
Urraca was already a widow, with a
legitimate son (and heir) born in 1104
named… Alfonso.
Ruled the kingdom from
1109-1126.
Incest makes the world go round
The marriage of Urraca and Alfonso of Aragon was a violation of canon (Church) law, which forbid relations between third (or closer) cousins.
Both Urraca and Alfonso were great-grandchildren of Sancho the Great, and were thus cousins.
Such marriages were considered consanguineous, meaning the partners “shared blood”.
What is more important… political expediency or Church approval?
Unhappy Marriage
Political expediency doesn’t work… no kids.
Urraca said Alfonso beat her, and she used this as grounds for separation.
Alfonso said Urraca was an adulteress, and blamed her scandalous sexuality on her polygamous father.
Urraca as Queen
Alfonso el Batallador
King of Aragon from 1104-1134
Conquered Zaragoza in 1118, more than doubling the size of Aragon.
Military man, uninterested in family
life. After Urraca died, he remarried,
but never produced an heir.
Fascination with the crusade.
Christendom and Crusade
Church Reform in the Eleventh Century
Cluny
Monastic reform
Church reform
Independence from kings and nobles
Restore the leading role of the church in society
Power of the pope, hierarchy
Create a stronger Christian society
Peace and Truce of God
Curb the bad behavior of knights, lords, the warrior aristocracy
Limit sinful activity (murder, violence, etc)
Church councils began placing restrictions on combat, forbidding fighting on Sundays, holidays (Holy Days), and anywhere near churches.
Spiritual sanctions were used to enforce this– excommunication.
The Reform movement in Iberia
Cluniac monasteries
Cluniac bishops: Toledo, Valencia
Around 1100 the Kingdom of León abandoned its traditional mass (known as the Mozarabic mass) in favor of the Roman mass, on Alfonso VI’s orders.
Beginning in the eleventh century, the papacy began taking greater interest in Iberian affairs… for example, condemning the incestual marriage of Urraca and Alfonso of Aragon.
Gregory VII
Pope 1073-1085
Aggressively promoted the rights of the Church over secular rulers– he excommunicated the Holy Roman Emperor (King of Germany)
Imagined harnessing the power of a united Christendom, under papal control, which could do all sorts of great things, like conquer the Holy Land!
The Holy Land
Pilgrimage destination since the days of Constantine… Visit the sites of the Bible.
Pilgrimage was very popular in the elventh century… most people visited local holy sites, but the ambitious (or wealthy) might travel to Rome, Santiago or even Jerusalem
Pope Urban and the Idea of Crusade
The secretary of Gregory VII became Pope Urban II in 1088.
Help Constantinople against the
Turks
Gregory’s idea of an armed
pilgrimage to Jerusalem
Council of Clermont,.
Slides should include highlight major points with detailed speaker n.docxjennifer822
Slides should include highlight major points with detailed speaker notes to
elaborate on your points made on the slide. Use sub-sections when discussing Security/Counterterrorism Measures.
Length
: Minimum of 12 slides (not counting reference slide).
Citations/References:
You must use APA style for this assignment. Adhere to the APA for reference formatting: alphabetize, only first initials for first names, double space references, and use a hanging indent.
.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Instructions for Submissions thorugh G- Classroom.pptx
Skysong Co. has the following defined benefit pension plan balances .docx
1. Skysong Co. has the following defined benefit pension plan
balances on January 1, 2020.
Projected benefit obligation$4,619,000Fair value of plan
assets4,619,000
The interest (settlement) rate applicable to the plan is 10%. On
January 1, 2021, the company amends its pension agreement so
that prior service costs of $595,000 are created. Other data
related to the pension plan are:
20202021
Service cost$151,000$169,000Prior service cost
amortization089,000Contributions (funding) to the
plan201,000186,000Benefits paid220,000283,000Actual return
on plan assets253,000347,000Expected rate of return on
assets6%8%Prepare a pension worksheet for the pension plan in
2020.
(Enter all amounts as positive.)
SKYSONG
COMPANY
Pension Worksheet—2020
General Journal Entries
Memo Record
Items
Annual Pension
2. ExpenseCashOCI—Prior
Service CostOCI— Gain/
LossPension Asset/
Liability
Projected Benefit
ObligationPlan
Assets
Balance, Jan. 1, 2020$ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr.
$ Dr.Cr. $ Dr.Cr. $ Dr.Cr. Service cost Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Interest cost
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Actual return Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Unexpected loss Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Contributions Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Benefits
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Journal entry for 2020$ Dr.Cr. $ Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Accumulated OCI Dec. 31, 2019
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Balance, Dec. 31,
2020$ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr. $ Dr.Cr.
eTextbook and Media
List of Accounts
Prepare any journal entries related to the pension plan that
would be needed at December 31, 2020.
(Credit account titles are automatically indented when amount
is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the
3. amounts.)
DateAccount Titles and ExplanationDebitCredit
Dec. 31, 2020
eTextbook and Media
List of Accounts
Prepare a pension worksheet for 2021.
(Enter all amounts as positive.)
SKYSONG
COMPANY
Pension Worksheet—2020 and 2021General Journal
EntriesMemo RecordItemsAnnual Pension
ExpenseCashOCI—Prior
Service CostOCI— Gain/
LossPension Asset/
LiabilityProjected Benefit
ObligationPlan
Assets
Balance, Jan. 1, 2020$4,619,000Cr.$4,619,000Dr.Service
cost$151,000Dr.151,000Cr.Interest
cost461,900Dr.461,900Cr.Actual
return253,000Cr.253,000Dr.Unexpected
4. loss24,140Dr.$24,140Dr.Contributions$201,000Cr.201,000Dr.B
enefits220,000Dr.220,000Cr.Journal entry for
2020$335,760Dr.$201,000Cr.24,140Dr.$158,900Cr.Accumulate
d OCI Dec. 31, 20190Balance, Dec. 31,
2020$24,140Dr.$158,900Cr.5,011,900Cr.4,853,000Dr.Additiona
l PSC, 1/1/2021 Dr.Cr. Dr.Cr.$ Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr.Balance, Jan. 1, 2021 Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr.Service cost Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.Interest cost Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.Actual return Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.Unexpected loss
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr.Amortization of PSC Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr.Contribution Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.Benefits Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.Journal entry for 2021$ Dr.Cr.$
Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.Accumulated
OCI, Dec. 31, 2020 Dr.Cr. Dr.Cr. Dr.Cr. Dr.Cr.
Dr.Cr.Balance, Dec. 31, 2021$ Dr.Cr.$ Dr.Cr.$ Dr.Cr.$
Dr.Cr.$ Dr.Cr.
eTextbook and Media
List of Accounts
Prepare journal entries related to the pension plan as of
December 31, 2021.
(Credit account titles are automatically indented when amount
is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the
amounts.)
DateAccount Titles and ExplanationDebitCredit
Dec. 31, 2020
5. eTextbook and Media
List of Accounts
Indicate the pension-related amounts reported in the 2021
financial statements.
Skysong
Co.
Partial Income Statement
December 31, 2021For the Year Ended December 31, 2021For
the Quarter Ended December 31, 2021 DividendsOperating
ExpensesNet Income / (Loss)Retained Earnings, January 1,
2021Retained Earnings, December 31, 2021RevenuesTotal
ExpensesTotal RevenuesOther Income / Expenses Asset Gain
(Loss)Comprehensive Income (Loss)Liability Gain
(Loss)Pension ExpensePrior Service Cost AmortizationOther
Comprehensive Income (Loss)$ DividendsOperating
ExpensesNet Income / (Loss)Retained Earnings, January 1,
2021Retained Earnings, December 31, 2021RevenuesTotal
ExpensesTotal RevenuesOther Income / Expenses Asset Gain
(Loss)Comprehensive Income (Loss)Liability Gain
(Loss)Pension ExpensePrior Service Cost AmortizationOther
Comprehensive Income (Loss)$
Skysong
Co.
Balance Sheet (Partial)
December 31, 2021For the Year Ended December 31, 2021For
6. the Quarter Ended December 31, 2021 Current AssetsIntangible
AssetsLiabilitiesLong-term InvestmentsProperty, Plant and
EquipmentStockholders' EquityTotal AssetsTotal Current
AssetsTotal Intangible AssetsTotal Long-term InvestmentsTotal
Property, Plant and EquipmentTotal Stockholders' Equity
Accounts PayableAccounts ReceivableAccumulated
DepreciationAccumulated Other Comprehensive Income
(G/L)Accumulated Other Comprehensive Loss
(G/L)Accumulated Other Comprehensive Income
(PSC)Accumulated Other Comprehensive Loss (PSC)Common
StockPension LiabilityRetained Earnings$ Current
AssetsIntangible AssetsLiabilitiesLong-term
InvestmentsProperty, Plant and EquipmentStockholders'
EquityTotal AssetsTotal Current AssetsTotal Intangible
AssetsTotal Long-term InvestmentsTotal Property, Plant and
EquipmentTotal Stockholders' Equity Accounts
PayableAccounts ReceivableAccumulated
DepreciationAccumulated Other Comprehensive Income
(G/L)Accumulated Other Comprehensive Loss
(G/L)Accumulated Other Comprehensive Income
(PSC)Accumulated Other Comprehensive Loss (PSC)Common
StockPension LiabilityRetained Earnings$ Accounts
PayableAccounts ReceivableAccumulated
DepreciationAccumulated Other Comprehensive Income
(G/L)Accumulated Other Comprehensive Loss
(G/L)Accumulated Other Comprehensive Income
(PSC)Accumulated Other Comprehensive Loss (PSC)Common
StockPension LiabilityRetained Earnings
eTextbook and Media