Sea Ltd manufactures specialised machinery for both sale and lease. On 1 July 2020, Sea Ltd leased a machine to Zero Ltd. Zero Ltd incurred $2 000 to negotiate the contract. The machine being leased cost Sea Ltd $410 000 to make and its fair value at 1 July 2020 is considered to be $479 994. The terms of the lease are as follows
ABC Ltd acquires 100 per cent of RedCarpet Ltd on 1 July 2021. ABC Ltd pays the shareholders of RedCarpet Ltd the following consideration:
Cash 35 000
Plant and equipment fair value $125 000; carrying amount in the books of ABC Ltd $85 000
You would like to have enough money saved to receive a growing annuity for 20 years, growing at a rate of 5 percent per year, with the first payment of $50,000 occurring exactly one year after retirement. How much would you need to save in your retirement fund to achieve this goal? The interest rate is 10 percent.
James Henderson is the president of York Athletics, a producer of hats and jerseys and other accessories for fans of several professional sports teams. Imagine you are the accountant in charge of all accounting functions at Sportswear.
As part of the process of preparing projected financial statements, students must consider certain factors that will influence the company’s future success. Such factors include the company’s past history, the company’s plans for future growth, customer demand, governmental regulation, taxation, economic factors, and more.
This is the prompt: you recently been hired by Davis and Company, a small public accounting firm. What are the firms partners, Alice Davis, has asked you to deal with his friends told client, Mr. pit, the owner of the cities largest hardware store. Mr. peters applying to a local bank for a substantial laundry model his store.
Instructions: Answer all questions in complete sentences in paragraph form. Remember this is an essay exam and responses are expected to be clear and thorough. TWO-THREE Key Terms (language from the chapter) are to be applied for EACH Answer. Key Terms need to be in BOLD Print, Underlined, or Highlighted.
How do psychoactive drugs affect people?
How do drugs get to the brain?
Explain why the nervous system is important to drug and alcohol addictions.
What are the neurotransmitters that are important in reference to psychoactive drugs and why?
The three primary areas you will address and develop within your organization’s program include: physical security, information security, and personnel security. Remember, physical security encompasses safeguarding the all people and prevention of all unauthorized access to the facility (equipment, facilities, material, and documents).
Research the various levels, branches, and institutions of governance in the United States.
Prepare a 1,050- to 1,400-word paper that identifies state or local governments that provide services that are already provided by the federal government. In your paper explain: