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Flora Accounting Services completed these transactions in February:

a. Purchased office supplies on account, $300

b. Completed work for a client on credit, $500

c. Paid cash for the office supplies purchased in (a)

d. Completed work for a client and received $800 cash

e. Received $500 cash for the work described in (b).

Prepare journal entries to record the above transactions

Question:Flora Accounting Services completed these transactions in February:a. Purchased office supplies on account, $300b. Completed work for a client on credit, $500c. Paid cash for the…

 
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Float Corporation is in the luxury yacht business and has been hit hard by the downturn in the economy. It has been barely breaking even, and its investments of its previous profits have substantial built-in capital losses. It has not sold theses investment assets because it cannot utilize the resulting tax losses. Float’s attorney suggests that it try to merge with a profitable company, specifically one with built-in capital losses.Float advertises for a merger partner, and Fierce, Inc. contacts Float. Fierce manufactures and installs home security systems. In the discussion, Float determines that Fierce could use a small fraction of Float’s business assets and might consider developing security systems for yachts, but is not at all interested in manufacturing yachts. Most important, Fierce is very interested in acquiring Float’s built-in capital losses.Fierce offers 10% of its stock and $500,000 in exchange for all of Float’s assets. Float can use the cash t buy the stock of the shareholders who oppose the merger. What tax issues should Fierce and Float consider before agreeing to this merger as structured?

Here losses of flot can’t be absorbed because company is unable to generate profit to set off the loss.Shareholders are also opposing this structure and merger because after this entity will be…

 
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What block pricing formula’s can be used for attendees per event and profit per event?

Flnal_.fisslgnrn ent l:l-’ liimrun] – ELIEl Insert Page La Formulas " ‘ View F [iii From TeittICSV D9 Recent Sourcs ||=|:l>‘ Querifi 81 Connections YR Clear E‘E‘ |éafiroup ‘ ‘E B Data Analysis— n _ . _g From Web I? Existing Connections u 2: Properties 7,134 Reapply WE EJE Ungroup ‘ ‘: 1) SolverGet a Refrsn 2i Sort Filter Text to :v‘ Whatrlf ForecastDab, . From TablefRange A” . 3, Edit Link: ‘ Adv-an :ed Columns 5% . Ffi Anal,“ . Shed EE SubtotalGet&Transform Data Queriesflt Connections Sorta: Filter Data Tools Forecast Outline l—x AnalyzeI55 – E fxA A El C D E F G H J K Managen’al Analysis Final AssignmentFall 2018 1_L3—4—55’ 1. Carr’e’s Corporate Catering (Triple-(2’1 provides breakfast, lunch, onilner tor meetims fllfl events held by total businessa BM organizations. Foreaeh event, ‘[riw-C incurs marginal cost msm {MC=§1IM)D| per attenibe. 7— Because NC is constant, average varisbh coat [AVG] il equal to Sta. as spell, and muse him—C Engages in sustains pricing ti.e. prioes futile Iona run]l AVC is also emial to average total cost (AC). Assume the demand tur ell-ch379nm is identical, given bytheeaplelsion. P :55 – MG. where Q is the number olattendees for each event, and P is the prioe charged per attendee. 3— 1D—Assume, iniially. Triple-C charges a simle price per attendee for each event. :2— Use this information tin answer the questions below. 13— 14 NOTE: For some otthese questions, you may want to do the work outside at Excel and just put your answer in the text box provided.47 Suppose Triplex: is oon sidering an alternative pricing scheme. in which the oompany would charge 542.50 per attendee for the first 10 attendees, 527.50 per attendee for the next 20 attendees,as $12.50 per attendee for the next 20 attendees. and 55 for all remaining attendees [i.e. set prioe equal to marginaloost for each attendee exoeeding 50in number). 43 In other words, Triple-C would engage in block pricing, a form of second-degree price discrimination. 51 d. Under this pricing scheme. how many attendees would beat each event and what would be 1ripleCs profit per event? [4 uts.i i Attendees perevent:E7 Profit per event:55i I Pmbleml Problem2 I ProblemS I Problemd I 6-) 5 1| Ready E 7: ‘loillelmieifleimil“He‘ll

 
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Looking up, Isabelle sees two hot air balloons in the sky as shown. She determines that the lower hot air balloon is 425 meters away, at an angle of 31 degrees from the vertical. The higher hot air balloon is 560 meters away, at an angle of 43 degrees from the vertical. How much higher is the balloon on the right than the balloon on the left? Do not round any intermediate computations. Round your answer to the nearest tenth. Note that the figure below is not drawn to scale.

 
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Flip a coin 100 times and record your observations: The expected results would be 50 heads up and 50 tails up.

I flipped the coin 100 times and observed 60 heads up and 40 tails up.

  1. Calculate the chi-squared variable (X2) using the following equation. (Show your work)

X^2= ∑ (Observed Value – Expected Value)^ 2 /

Expected Value

2.Record the degrees of freedom

3.Determine the range of the p-value

4.Is the p-value greater or less than 0.05? Is there a statistically significant difference in the expected and observed results?

 
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with the first interest payment on September 1st, 2017.

(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

selling price of the bonds_$____________

 
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Please create X and R charts for 4 foam (A, B, C all 4 rolls ) and 4 plastic balls (A, B, C all 4 rolls ). Also create X and R charts for the takt time for all 4 rolls af each set as well. Define the median, mean, range, variation, and std deviation for the all balls rolled as well as cycle time.

 
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Spending variance, 46,675 – 43,175 = 3,500CHF U

300 × 11CHF

= Efficiency variance,

3,300CHF U

Flexible-budget variance, 6,800CHF U

The flexible-budget allowance for any variable cost is the same as (is equal to) the total standard quantity allowed for the good units produced times the standard price.

The budget allowance under standard costing for variable costs always depends on output, the units produced. Therefore, the direct labor budget for 2,900 units is, as shown above, 2,900 units × 1.25 hours × 38CHF = 137,750CHF. For 3,900 units, the budgetary allowance would be 3,900 units × 1.25 hours × 38CHF = 185,250CHF. Note again that a budget can be established after the fact — after the number of units produced is known.

Compute the following:

a. materials purchase-price variance.

I may no be understanding this, it appears according to the table the variance has already been calculated?

 
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If your corporation’s operating cash flow for 2016 is $7,300, net capital spending is $3,500, and your addition to bet working capital is $1,600, what is your 2016 cash flow from assets? Please show your formula and calculations in the space provided.

HTML EditorKeyboard Shortcuts

 
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Flounder 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, 2017.

January 1, 2017

December 31, 2017

Projected benefit obligation

$1,517,000

$1,545,000

Market-related and fair value of plan assets

784,000

1,107,400

Accumulated benefit obligation

1,568,000

1,689,300

Accumulated OCI (G/L)—Net gain

0

(201,700)

The service cost component of pension expense for employee services rendered in the current year amounted to $78,000 and the amortization of prior service cost was $121,300. The company’s actual funding (contributions) of the plan in 2017 amounted to $245,000. 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 $1,213,000 on January 1, 2017. Assume no benefits paid in 2017.

Determine the amounts of the components of pension expense that should be recognized by the company in 2017. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).)

Components of Pension Expense

$

Show List of Accounts

Prepare the journal entry to record pension expense and the employer’s contribution to the pension plan in 2017. (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.)

Account Titles and Explanation

Debit

Credit

(To record pension expense and employer’s contribution)

Show List of Accounts

Indicate the pension-related amounts that would be reported on the income statement and the balance sheet for Flounder Company for the year 2017.

Flounder Company

Income Statement (Partial)

$

Flounder Company

Comprehensive Income Statement

$XXXX

$

$XXXX

Flounder Company

Balance Sheet (Partial)

$

$

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