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Which of the following should not be recorded in the company's accounting records:
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aThe company CEO signed a lease for the use of a new office building.
bCash is collected from a customer for the purchase of a product.
cA new employee is paid for her first week of work.
dA lawyer is paid in advance for future services to be provided to the company.
G&G Consulting has just realized an accounting error that has resulted in an unfunded liability of $455,950 due in 35 years. In other words, the company will need $455,950 in 35 years. Dave Green, the company’s CEO, is scrambling to discount the liability to the present to assist in valuing the firm’s stock. If the appropriate discount rate is 9 percent, what is the present value of the liability? (round to the nearest $1). (40 points)
QUESTION #3
Suppose you would like to buy a house that is currently on the market at $95,000, but you cannot afford it right now. However, you think that you would be able to buy it after 5 years. If the expected inflation rate as applied to the price of this house is 9% per year, what is its expected price after five years? (round to the nearest decimal place)
Sammy Wammy is a food scientist based in New York who is on a mission to produce the most succulent S'mores the world has ever tasted. Below is a summary of her story. Then identify or classify in to factors of production and explain why.
A. When passing by in front of a food truck near Central Park, she suddenly got an idea: Is there anything better than a perfect S'mores while walking through central park in the evening? The next day, a company was incorporated, and her dream, Sammy S'mores, was underway.
B. Sammy hired 3 food scientists with the objectives of making the perfect S'mores.
Everything was tested, from the density of the marshmallows to the crunch of the
D. Sammy paid for a city license to have access to parking space C4 near the park, which would serve as the location for her food
the growth at home strategy in namibia 's execution strategy for industrialization, what are the main hindrances to the full realization of this strategy
The following table shows the price and quantity sold of coffee by Abracadabra Coffee Shop over a
period of six(6) weeks.
Weeks:. 1 2 3 4 5 6
Quantity Sold: 5 7 8 10 11 13
Price of coffee: 6 9 10 12 13 16
A student studying econometrics formulated the following model to explain the quantity sold of
coffee per week (coffqty) as a function of the price of coffee (coffpric).
ln(coffqty) = β0 + β1 ln(coffpric) + u
a. Estimate the parameters β0 and β1 of the above model by OLS. Interpret the slope coefficient
b. Calculate the coefficient of determination and interpret it.
Fee Founders has preferred stock outstanding that pays a
dividend of $5 at the end of each year. The preferred stock sells for $60 a share. What is
the preferred stock’s required rate of return?
1.implication of implementing blockchain in DELOITTE company?
2.what Social and ethical issue will likely to happen after adopting blockchain in deloitte?
3.how is block chain helping deloitte?
what is the the overview of the apparel retail industry
similarities between local ang global production.
difference between global and local production.
