Following are extracts from the unadjusted trial balance of York Co. for its year ended

December 31, 20X6. Each item has its normal debit or credit balance, but the total does not

equal $0 because the trial balance excludes various accounts that would normally be

included.

York Co.

Trial balance — extracts

Year ended December 31, 20X6

FVOCI investments — January 1, 20X6 $140,000

Common shares 95,000

Retained earnings — January 1, 20X6 70,000

Dividends declared 21,000

Preference shares 100,000

Loss on discontinued operations 18,000

Profit or loss ?

Additional information:

 The fair value of the investment at FVOCI (fair value through other comprehensive

income) as of December 31, 20X6, was $125,000. York did not purchase or sell any

additional investments at FVOCI during the year.

 The dividends pertaining to the outstanding preference shares were declared on

December 23, 20X6, payable to shareholders of record on December 29, 20X6, on

January 4, 20X7.

 The common shares have no par value. 100,000 shares are authorized, and 60,000

shares were originally issued on January 1, 20X4. A further 35,000 shares were issued

on July 1, 20X6. All shares were sold for $1 each.

 The 25,000 preference shares authorized have no par value. 15,000 shares were

issued (sold) for $10 each on August 1, 20X5. On October 31, 20X6, York paid $9 each

to repurchase 5,000 preference shares from its investors. The shares were immediately

cancelled.

Assume that profit for the year was $90,000. What is the net change in equity that York will

report on the statement of changes in equity for the year ended December 31, 20X6?

a) $26,000 increase

b) $39,000 increase

c) $44,000 increase

d) $65,000 increase

 

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

following:•Evaluate the types of employee testing that companies may require that are discussed in the text. Determine the two tests that you consider the most important. Support your reasoning.

Employee TestingEmployee testing is the practice which is conducted to check the desirability andsuitability of a job applicant for the vacant position by the employer. Generally, the employer…

 

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

27. Following chronic exposure to drugs of abuse, there is a ________ in intracranial self-stimulation thresholds suggesting a ________ hedonic set point.

a. Increase; higher

b. Increase; lower

c. Decrease; higher

d. Decrease; lower

e. None of the above

 

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

Following are three observations about this sentence. Match each observation with the kind of understanding of grammar that might produce it.

a. traditional/prescriptive grammar

b. structural grammar

c. transformational grammar

1.           

The sentence exhibits the following structure:

N(oun) P(hrase) + be verb + Adj(ective) P(hrase)

2.           

This is a correct sentence. It would be wrong to write The boy is anxious to please. Anxious and eager mean two different things.

3.           

The sentence exhibits the following structure:

N(oun) P(hrase) + be verb + Adj(ective) P(hrase).

However, native speakers of English know that the deep structure of the sentence, as opposed to this surface structure, is radically different from a sentence that looks superficially the same:

The boy is easy to please.

Following are three observations about this sentence. Match each observation with the kind ofunderstanding of grammar that might produce it. a. Traditional/prescriptive grammarThe sentence…

 

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

Following the debate activity that we did in class on the validity of Trophy Hunting, we will continue albeit individually and in writing.  I want you to write a coherent essay that 1) describes the problem or issue being addressed, 2) discusses what the solution being offered aims to accomplish, 3) presents your view on this solution, and in your reply to a classmate 4) provide your reaction to the arguments and claims made from the opposite position of yours.

To restate the question we debated, “Is the practice of commercialized trophy hunting a valid means for improving the conservation outcomes of endangered or otherwise threatened animal populations?” 

I want you to use some of the articles I posted in the earlier announcement, found here: https://asu.instructure.com/courses/11125/discussion_topics/309349.  But by all means feel free to supplement your essay with facts and figures you may encounter through additional research into this question.  I want to see a well formulated argument in favor of or in opposition to this solution, but one that still addresses what those who may disagree with you would say, not just a litany of your side’s opinions.

 

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