Cyber Reports of Mountain Tragedy Monday, October 11, 1999 Published at 12:55 GMT 13:55 UK Only two days after a massive avalanche in Tibet claimed the lives of world-renowned alpinist Alex Lowe and cameraman Dave Bridges, surviving team members are posting reports on the Internet from the mountainside. The seven remaining members of the 1999 American Shishapangma Ski Expedition have posted reports that their dead team mates "are locked in the ice within eyesight of us and there is nothing we can do about it.” The bulletins on MountainZone.com poignantly bring together the two worlds which one of the dead men, Alex Lowe, pioneered. The 40-year-old American alpinist, from Bozeman, Montana, made numerous first ascents, and was well known for his use of the Internet to broadcast his adventures and achievements. It also gained him sponsorship and a worldwide cyber following. Dave Bridges, 29, of Aspen, Colorado, was one of three cameramen documenting the expedition to the world's 14th highest mountain, which would have involved the team skiing back down again. He was also a USA national paragliding champion and an experienced mountaineer. Team leader Andrew McLean described a "massive avalanche" which struck the upper slopes above the base camp on 5 October. It buried and killed the two men. He reported on October 7: "Hello Mountain Zone, this is Andrew McLean calling from ABC on Shishapangma. We've had a rough couple of days. Roughly 30 hours ago on October 5, 1999, at about 9.20am Nepal time, tragedy struck our expedition. Alex Lowe, David Bridges and Conrad Anker got caught in the middle of an exposed slope by a massive avalanche that started about 6000 feet above them. Conrad survived with head and torso injuries, but after 20 hours of searching through one to 20 feet of debris we've given up on Alex and Dave as dead." His next report October 11, at 5.44pm Nepal time, reads: "It's been snowing on and off, so the tent floor is covered with mud, sand and bits of water-soaked paper. There are three days worth spilled coffee grounds, empty water bottles, dead batteries, plates of half-eaten food, wet socks, spent Gaz canisters, barf-stained sleeping bags and overlapping sleeping pads. Most of the talk is revolving around what to do next, what has happened, and where we are going to do in the next week or so. The unreal part of it is that two of our friends are buried in the ice within eyesight of us and there is nothing we can do about it. It's a very sad and frustrating experience." Team member Hans Saari adds: "Today we are heading back to Base Camp. The avalanche that hit 48 hours ago seems like a dream, but there are only seven of us now and that is the cruel reminder. Last night was somewhat therapeutic. We all stayed in the two-metre dome tent and told stories of our two friends until the wee hours of the morning. We can all feel the pressure from the media and .

1. Cyber Reports of Mountain Tragedy
Monday, October 11, 1999 Published at 12:55 GMT 13:55 UK
Only two days after a massive avalanche in Tibet claimed the
lives of world-renowned
alpinist Alex Lowe and cameraman Dave Bridges, surviving
team members are posting
reports on the Internet from the mountainside.
The seven remaining members of the 1999 American
Shishapangma Ski Expedition have
posted reports that their dead team mates "are locked in the ice
within eyesight of us and
there is nothing we can do about it.”
The bulletins on MountainZone.com poignantly bring together
the two worlds which one
of the dead men, Alex Lowe, pioneered.
The 40-year-old American alpinist, from Bozeman, Montana,
made numerous first
ascents, and was well known for his use of the Internet to
broadcast his adventures and
achievements. It also gained him sponsorship and a worldwide
cyber following.
Dave Bridges, 29, of Aspen, Colorado, was one of three
cameramen documenting the
expedition to the world's 14th highest mountain, which would
have involved the team
skiing back down again. He was also a USA national

2. paragliding champion and an
experienced mountaineer.
Team leader Andrew McLean described a "massive avalanche"
which struck the upper
slopes above the base camp on 5 October. It buried and killed
the two men. He reported
on October 7:
"Hello Mountain Zone, this is Andrew McLean calling from
ABC on
Shishapangma. We've had a rough couple of days. Roughly 30
hours ago
on October 5, 1999, at about 9.20am Nepal time, tragedy struck
our
expedition. Alex Lowe, David Bridges and Conrad Anker got
caught in
the middle of an exposed slope by a massive avalanche that
started about
6000 feet above them. Conrad survived with head and torso
injuries, but
after 20 hours of searching through one to 20 feet of debris
we've given up
on Alex and Dave as dead."
His next report October 11, at 5.44pm Nepal time, reads:
"It's been snowing on and off, so the tent floor is covered with
mud, sand
and bits of water-soaked paper. There are three days worth
spilled coffee
grounds, empty water bottles, dead batteries, plates of half-
eaten food, wet

3. socks, spent Gaz canisters, barf-stained sleeping bags and
overlapping
sleeping pads. Most of the talk is revolving around what to do
next, what
has happened, and where we are going to do in the next week or
so.
The unreal part of it is that two of our friends are buried in the
ice within
eyesight of us and there is nothing we can do about it. It's a
very sad and
frustrating experience."
Team member Hans Saari adds:
"Today we are heading back to Base Camp. The avalanche that
hit 48
hours ago seems like a dream, but there are only seven of us
now and that
is the cruel reminder. Last night was somewhat therapeutic. We
all stayed
in the two-metre dome tent and told stories of our two friends
until the
wee hours of the morning. We can all feel the pressure from the
media and
it is making life tough. I can only hope that people are kind and
respectful."
Lowe was regarded by some as the world's best climber. Many
people's admiration for
him was inspired by his willingness to talk to other climbers

4. about his feats.
Joel Lee, manager of a mountain climbing shop, said that Lowe
would be as prepared to
share stories about climbs 25 miles from home as he was to tell
the media about his
experiences on the world's great peaks. "Basketball fans don't
get to play basketball
Michael Jordan," he said. "With Alex, it was different."
National Geographic photographer Gordon Wiltsie, who climbed
with Lowe in
Antarctica and on Baffin Island, said the Tibetan mountainside
was probably an
appropriate place for Lowe. "I think that moments before this
happened, he was probably
immensely excited and happy," he said.
Lowe is survived by his wife, artist and fellow climber Jennifer
Leigh Lowe. They had
three children - Max, 10; Sam, 6; and Isaac, 3. There has also
been a fundraising appeal
on the Internet for a memorial fund which has been set up to
support them.
Adapted from: http://news.bbc.co.uk/2/hi/471341.stm
ACC 556 – Financial Accounting for Managers
Chapter 2 Homework
Due Week 1 and worth 10 points
Directions: Answer the following four questions on a separate

5. document. Explain how you reached the answer or show your
work if a mathematical calculation is needed, or both. Submit
your homework assignment using the homework assignment link
in the course shell.
BE2-1
The following are the major balance sheet classifications:
Current assets (CA)
Current liabilities (CL)
Long-term investments (LTI)
Long-term liabilities (LTL)
Property, plant, and equipment (PPE)
Common stock (CS)
Intangible assets (IA)
Retained earnings (RE)
Match each of the following accounts to its proper balance sheet
classification.
_____ Accounts payable
_____ Income taxes payable
_____ Accounts receivable
_____ Investment in long-term bonds
_____ Accumulated depreciation
_____ Land
_____ Buildings
_____ Inventory
_____ Cash
_____ Patent
_____ Goodwill
_____ Supplies
BE2-5
These selected condensed data are taken from a recent balance
sheet of Bob Evans Farms (in millions of dollars).
Cash
$ 29.3
Accounts receivable

6. 20.5
Inventory
28.7
Other current assets
24.0
Total current assets
$102.5
Total current liabilities
$201.2
Compute working capital and the current ratio.
BE2-9
Given the characteristics of useful accounting information,
complete each of the following statements.
(a) For information to be _____, it should have predictive and
confirmatory value.
(b) _____ means that information accurately depicts what really
happened.
(c) _____ means using the same accounting principles and
methods from year to year within a company.
ACC 556 Chapter 2 Homework 1152 (1148 11-11-2014)
Page 2 of 2
ACC 556 – Financial Accounting for Managers
Chapter 1 Homework
Due Week 1 and worth 10 points
Directions: Answer the following four questions on a separate
document. Explain how you reached the answer or show your
work if a mathematical calculation is needed, or both. Submit
your homework assignment using the homework assignment link
in the course shell.

7. E1-1
Here is a list of words or phrases discussed in this chapter:
1. Corporation
2. Creditor
3. Accounts receivable
4. Partnership
5. Stockholder
6. Common stock
7. Accounts payable
8. Auditor’s opinion
Instructions:
Match each word or phrase with the best description of it.
______ (a)
An expression about whether financial statements conform with
generally accepted accounting principles.
______ (b)
A business that raises money by issuing shares of stock.
______ (c)
The portion of stockholders’ equity that results from receiving
cash from investors.
______ (d)
Obligations to suppliers of goods.
______ (e)
Amounts due from customers.
______ (f)
A party to whom a business owes money.
______ (g)
A party that invests in common stock.
______ (h)
A business that is owned jointly by two or more individuals but
does not issue stock.
E1-4

8. This information relates to Molina Co. for the year 2014.
Retained earnings, January 1, 2014
$67,000
Advertising expense
1,800
Dividends
6,000
Rent expense
10,400
Service revenue
58,000
Utilities expense
2,400
Salaries and wages expense
30,000
Instructions:
After analyzing the data, prepare an income statement and a
retained earnings statement for the year ending December 31,
2014.
E1-8
The following items and amounts were taken from Motte Inc.’s
2014 income statement and balance sheet.
______ Cash
$ 84,700
______ Accounts receivable
$ 88,419
______ Retained earnings
123,192
______ Sales revenue
584,951
______ Cost of goods sold
438,458
______ Notes payable
584,951
______ Salaries and wages expense

9. 115,131
______ Accounts payable
49,384
______ Prepaid insurance
7,818
______ Service revenue
4,806
______ Inventory
64,618
______ Interest expense
1,882
Instructions:
a) In each, case, identify on the blank line whether the item is
an asset (A), liability (L), stockholder’s equity (SE), revenue
(R), or expense (E) item.
b) Prepare an income statement for Motte Inc. for the year
ended December 31, 2014.
E1-12
This information is for Dyckman Corporation for the year ended
December 31, 2014.
Cash received from lenders
$20,000
Cash received from customers
50,000
Cash paid for new equipment
28,000
Cash dividends paid
8,000
Cash paid to suppliers
16,000
Cash balance 1/1/14
12,000
Instructions

10. (a) Prepare the 2014 statement of cash flows for Dyckman
Corporation.
(b) Suppose you are one of Dyckman’s creditors. Referring to
the statement of cash flows, evaluate Dyckman’s ability to
repay its creditors.
ACC 556 Chapter 1 Homework 1152 (1148 11-11-2014)
Page 2 of 2