A contingent liability relating to an unsettled legal claim with a fair value of $60,000 was recorded in the notes to the financial statements. This amount will be tax deductible when paid. The court case is still in progress at 30 June 2015.

During the year ended 30 June 2014:

On 1 July 2013 Rose Ltd sold an item of plant to Lian Ltd for $60,000. The plant had cost $64,000 when purchased on 31 December 2012. It’s expected useful life was originally 5 years and this original estimate is still considered to be valid. The plant is still an asset of Lian Ltd at 30 June 2015.

During the year Lian Ltd made sales of inventory to Rose Ltd of $62,000. The inventory balance of Rose Ltd at the end of the year included stock of $52,000 acquired from Lian Ltd.

Lian Ltd declared and paid dividends of $70,000 for the year. Rose Ltd did not declare or pay any dividends for the year.

During the year ended 30 June 2015:

On 1 November 2014 Lian Ltd sold an item of plant to Rose Ltd for $90,000 when its carrying value in Lian’s books on that date was $108,000 (original cost $180,000 and original estimated life of 5 years). The plant is still an asset of Rose Ltd at 30 June 2015.

During the year Rose Ltd made sales of inventory to Lian Ltd of $44,400. The inventory balance of Lian Ltd at the end of the year included stock of $21,200 acquired from Rose Ltd.

The management of Lian Ltd believes that the goodwill acquired on acquisition of Rose Ltd was impaired by $9,000 in the current year. This is in addition to a total of $15,000 of impairment in previous years.

Lian Ltd charged management fees to Rose Ltd.

Dividends were declared/paid by both companies.

Non-controlling interests in Rose Ltd to be recognised. This is the only subsidiary in the group.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

It May Not Work in Politics

1.Congressional Ethics: Identify one (1) member of Congress who has been charged with ethics violations in the past 2 years (include the date). Briefly discuss the reason for the charges and provide two (2) reasons why you agree or disagree with the verdict and any penalties. Provide examples to support your answer. Consider how the verdict and penalties impacts your trust of the members of Congress.

2. Third Party Candidates: Discuss two (2) political reasons why a third party candidate has never been successful in winning a presidential election. Provide examples to support the answer. Consider the political impact of the Republican and Democratic Party if a third party was successful.

3. Federal and State Authority: Identify one (1) current issue facing the United States today (from the past 6 months). Analyze the respective roles of federal and state authorities in addressing the issue. Determine whether the U.S. Constitution constrains the federal and state responses to the issue. Explain.

The specific course learning outcomes associated with this assignment are to:

• Identify informed opinions on issues and questions involving the U.S. government, national political processes, policy making, and the notion of democracy.
• Employ terminology used to study political science and American government.
• Develop reasoned written and spoken presentations on issues and questions involving the U.S. government and national political processes using information in the course.
• Describe the basic values of American political culture.
• Explain how the federal system of government works.
• Explore different perspectives on issues and questions about the U.S. government and national political processes.
• Describe the importance of an informed, effective citizenship for the national government and political processes.
• Use concepts from our study of U.S. national government and politics (such as models of democracy) to discuss government and politics in state, local, and international contexts.
• Examine the evolution of presidential power in military affairs.
• Use technology and information resources to research issues in the field of U.S. government and politics.
• Write clearly and concisely about U.S. government and politics using proper writing mechanics.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

It’s attached 

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

It’s actually do at 9am. Sorry I messed up the time. 

Running head: INTERNATIONAL CONFERENCE1 NameInternational conferenceUniversity AffiliationDate INTERNATIONAL CONFERENCE 2 An international conference involves substantive discussions on various…

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Do You Validate Parking?“What are we going to do, Mercedes?” Edsel asks wearily.Together, Mercedes and Edsel are reviewing the latest billing printoutfor their firm, Denton and Denton Parking Garages. They havebeen purchasing batch billing services from a small, local computerservices company since they acquired three parking garagesin a medium-sized metropolitan area. Denton and Denton ParkingGarages rents daily, monthly, and yearly parking places to corporationsand individuals.Mercedes replies, “I’m not sure what our next move is, but thebilling is all wrong. Maybe we should try to talk to the IT people.”“They said they could figure out how to compute these chargesfrom looking at what the old owners did by hand before, and theysaid they didn’t want to run the old and new systems in parallel,”Edsel remarks, shaking his head. “That isn’t right, though. At leastI can’t figure it out. Maybe you can.”Mercedes accepts the notion of chasing the suspect output andstarts looking at the report in detail. “Well, for one thing, they don’trealize we get cars from all over in here. Wherever we’ve got a carwith plates that aren’t in-state, it seems as if the computer stops figuring.Look, our plates start with a number and then a letter, right?Well this one from New York begins with three letters. The computercan’t handle it,” she says.Edsel catches on and starts to think about the business as helooks at the printout. “Yeah, and look here. This person doesn’t havea yearly account number, just a monthly one, so no bill came out,” hesays. “We’ve got monthlies, too, and the computer doesn’t know it.”“And look at this. It still made daily charges for the three daysin November when we told them right out there weren’t any vacanciesfor daily customers. It isn’t reasonable,” Mercedes asserts.Edsel continues paging through the printout, but Mercedesstops him, saying, “Don’t look any further. I’m calling the IT peopleso we can get this mess straightened out.”How would you characterize the problems being encounteredwith the current garage billing system? Use a paragraph to formulate aresponse. What are some tests for validity of data that could be includedin the software for a revised billing system for the parking garages? Listthem. What could the programmer and analysts for the computer servicescompany have done differently so that the customer was not facedwith correcting the poor-quality output? Use three paragraphs to do acritical analysis of what was done and what should have been done.____________________________q2

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"