Joshua Skateboarding Corporation engaged in the following investment activities during 2019. The company buys debt securities, not intending to profit from short-term differences in price and not necessarily to hold debt securities to maturity, but to have them available for sale in years when circumstances warrant. Joshua’s fiscal year ends on December 31. No investments were held by Joshua on December 31, 2018.
March 31 Acquired 8% Skate Park Company bonds costing $400,000 at face value.
Sept. 1 Acquired $900,000 of Board Wheels Inc. 10% bonds at face value.
Sept. 30 Received semiannual interest payment on the Skate Park Company bonds.
Oct. 2 Sold Skate Park Company bonds for $425,000.
Nov. 1 Purchased $1,400,000 of Snoopy Boards 6% bonds at face value.
Dec. 31 Recorded any necessary adjusting entry(s) relating to the investments.
The market prices of the investments are:
Board Wheels bonds $ 850,000
Snoopy Boards bonds $1,460,000
Required:
1. Prepare the appropriate journal entry for each transaction or event during 2019, as well as any adjusting entries necessary at year end. You may assume that all bonds pay interest semi-annually.
2. Indicate any amounts that Joshua Skateboarding would report in its 2019 income statement, 2019 statement of comprehensive income, and 12/31/2019 balance sheet as a result of these investments. Include totals for net income, comprehensive income, and retained earnings as a result of these investments.
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Josh Is A Runner For Steve Shady A Prominent Sports Agent 1
/in Uncategorized /by developerJosh is a “runner” for Steve Shady, a prominent sports agent. While on campus at Bigtime University in the State of Missolina, Josh meets (without informing the administration of his presence on campus) with Marcus Goode, Bigtime’s star running back. Goode is a sophomore and has 2 years of eligibility remaining in the NCAA. Bigtime University competes in NCAA FBS Division I. The State of Missolina adopted the UAAA in 2002. Josh represents that Shady is prepared to provide the following to Goode should he agree to be represented by Shady:
Answer the following series of questions in complete sentences:
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Joshua Skateboarding Corporation Engaged In The Following Investment Activities
/in Uncategorized /by developerJoshua Skateboarding Corporation engaged in the following investment activities during 2019. The company buys debt securities, not intending to profit from short-term differences in price and not necessarily to hold debt securities to maturity, but to have them available for sale in years when circumstances warrant. Joshua’s fiscal year ends on December 31. No investments were held by Joshua on December 31, 2018.
March 31 Acquired 8% Skate Park Company bonds costing $400,000 at face value.
Sept. 1 Acquired $900,000 of Board Wheels Inc. 10% bonds at face value.
Sept. 30 Received semiannual interest payment on the Skate Park Company bonds.
Oct. 2 Sold Skate Park Company bonds for $425,000.
Nov. 1 Purchased $1,400,000 of Snoopy Boards 6% bonds at face value.
Dec. 31 Recorded any necessary adjusting entry(s) relating to the investments.
The market prices of the investments are:
Board Wheels bonds $ 850,000
Snoopy Boards bonds $1,460,000
Required:
1. Prepare the appropriate journal entry for each transaction or event during 2019, as well as any adjusting entries necessary at year end. You may assume that all bonds pay interest semi-annually.
2. Indicate any amounts that Joshua Skateboarding would report in its 2019 income statement, 2019 statement of comprehensive income, and 12/31/2019 balance sheet as a result of these investments. Include totals for net income, comprehensive income, and retained earnings as a result of these investments.
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Joshua The Human Resource Hr Manager At Potter Inc Has A Clear Understanding Of
/in Uncategorized /by developerJoshua, the human resource (HR) manager at Potter Inc., has a clear understanding of the firm’s business. This enables him to comprehend the various needs of the business and help the company meet its goals for attracting, keeping, and developing employees with the required skills. This scenario indicates Joshua’s responsibility of:A. providing administrative services.B. preparing a job analysis.C. providing business partner services.D. creating a job design.E. maintaining positive employee relations.
Joshua, the human resource (HR) manager at Potter Inc., has a clear understanding of the firm’s business. Thisenables him to comprehend the various needs of the business and help the company…
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Joshua Who Is Currently 25 Years Old Wants To Invest Money Into A Retirement Fun
/in Uncategorized /by developerJoshua, who is currently 25 years old, wants to invest money into a retirement fund so as to have $2,000,000 saved up when he retires at age 65. If he can earn 12% per year in an equity fund, calculate the amount of money he would have to invest in equal annual amounts and alternatively, in equal monthly amounts starting at the end of the current year or month respectively.
With annual deposits: With monthly deposits:
(Using the APR as the interest rate)
FV = $2,000,000; FV = $2,000,000;
N = 40 years; N = 12*40=480;
I/Y = APR = 12%; I/Y = APR = 12%;
PV = 0; PV = 0;
C/Y=1; C/Y = 12
P/Y=1; P/Y = 12
PMT = $2,607.25 PMT = $169.99
(Using the periodic rate (APR/m) as the interest rate )
FV= $2,000,000;
N = 12*40=480;
I/Y= 12%/12=1%
PV=0
C/Y = 1
P/Y = 1
PMT = $169.99
Looking at these numbers most people would think this is affordable..why then are most Americans not saving for their retirement? Discuss what you believe to be the real reason most 25 year olds (like Joshua in our example above) are not saving for retirement. What do you think we can do to change this trend?
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Josiah Is Taking His Friends To The Movies Each Ticket Cost 10 And Popcorn Is 5
/in Uncategorized /by developerJosiah is taking his friends to the movies. Each ticket cost $10, and popcorn is $5 a bag. There is a $3 service fee for the entire purchase. He has $75. He buys 4 tickets, and wants to figure out the maximum number of bags of popcorn he can buy.
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Josie Treats Many Clients With Anxiety Disorders And Obsessive Compulsive Disord
/in Uncategorized /by developerJosie treats many clients with anxiety disorders and obsessive compulsive disorder. All of the following have proven to be effective for treating her client EXCEPT
A: Cognitive-behavioral therapy
B: Cognitive restructuring
C: Deep brain stimulation
D: Phototherapy
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Joubert Project Consulting Firm Estimates That The Probability Of One Of Its Pro
/in Uncategorized /by developerJoubert project consulting firm estimates that the probability of one of its projects being affected by under-staffing, procurement problems, insufficient funding and design errors are 0.6, 0.75, 0.58 and 0.82 respectively. Based on historical records when the project is affected by under-staffing, procurement problems, insufficient funds and design error, there is 70%, 81%, 85% and 92% chances that the project will finish within the stipulated project duration time. Also based on historical records, if the project is not affected by under-staffing, procurement problem, insufficient funds and design errors, the probability that the projects will finish within the stipulated project duration time are: 0.15, 0.22, 0.28 and 0.35 respectively.
1. What is the probability that the future project of this company will exhibit under-staffing, procurement problems, insufficient fund and the design errors, if:
a. The project is finished on time.
b. The project is not finished on time.
2. What is the probability that the future project of this company will not exhibit under-staffing, procurement problems, insufficient funds and design errors:
a. The project is finished on time.
b. The project is not finished on time.
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Journal The Sociological Imagination And Theory Submit Assignment Due Sundayby1
/in Uncategorized /by developerJournal- The Sociological Imagination and Theory
Submit Assignment
The Sociological Imagination and Theory
This week we have learned about 3 major theoretical perspectives: Structural Functionalism, Conflict Theory, and Symbolic Interactionism.
Write a 1-2 page paper on the following prompt. Please make sure to properly cite sources using the
APA style guide.
Prompt: Think about why you are a student at Valley College. What reasoning would a theorist from each theoretical perspective (Structural Functionalism, Conflict Theory, and Symbolic Interactionism) give for why you wound up where you are today? Use examples to support your statements and citations when appropriate.
Due Date: Sunday evening (11:59pm).
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Journal 1 Activity And Exercise Habits To Develop Higher Levels Of Health Relate
/in Uncategorized /by developerJournal #1 Activity and Exercise Habits
To develop higher levels of health related fitness, there are specific recommendations of specific activity and exercise levels from the U.S. Department of Health and Human Services, American College of Sports Medicine, the American Heart Association, and the U.S. Surgeon General’s Office for promoting health.
Please write a paragraph, or two, detailing your current activity and exercise habits as compared to these recommendations.
Your explanation should be 250 words or more.
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Journal 3 A Promptexamine Case 13 2 P 214 216 Involving Ceo Cynthia Jonas And Co
/in Uncategorized /by developerJournal 3.a. Prompt
Examine Case 13.2 (p. 214-216) involving CEO Cynthia Jonas, and consider the scenario in which you CEO Jonas’ newly-hired Executive Coach. Answer Case Questions 1, 2, & 3, paying particular attention to the concept of how her current management of the team in meetings is diminishing collaboration and eating away at group cohesiveness (hint: this serves as an in-road in getting buy in from Cynthia and the Team). Reflect on any personal/professional instances in which you have been a member of a team that appeared to function similarly to CEO Jonas’ group in this case. What were the implications with regard to collaboration and group cohesiveness in that instance? Finally, reframe (in other words, “re-do”) the recommendations you made to CEO Jonas’ as her Executive Coach, but now from the position of a subordinate high-level leader who is supervised BY CEO Jonas’ and is a part of this team, who is seeking to address the same concerns. This time, however, you will need to take into consideration the stylistic changes and differences in your approach given your relative position as a subordinate, versus an equal.
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