journal entry

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The primary accounts impacted by a journal entry that records newly completed work for which you were previously paid are __________ .

unearned revenue and revenue.

cash and accounts receivable.

unearned revenue and cash.

revenue and expense.

qualitative and quantitative forecast model

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 Give one example of a qualitative forecast model (make sure you explain a different model than the one you used in question 1) and a quantitative forecast model and explain when and how you would use that model instead of another model.

Discrimination

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Discrimination in the workplace has been an ongoing battle between employees, candidates, and lawmakers historically. Chapter 8, pages 291–303, explains the processes of hiring, promotions, discipline, discharges, and wage equity.What have you experienced in the workplace when it comes to violations of the laws and procedures discussed in Chapter 8? What recourse do employees have to rectify any abuse of the laws?

Resource : William H. Shaw. 2017. Business Ethics: A Textbook with Cases. BUS309 Wadsworth

hedge funds

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In the past ten years the growth of hedge funds has been remarkable. What is the role of a hedge fund and has it helped or hindered economic growth in the U.S.? Be sure your answer includes an analysis of the role of hedge funds and their development in the U.S. Respond to at least two of your classmates’ postings.

corporate entrepreneurship

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  • Discuss whether the term “corporate entrepreneurship” an oxymoron? Can corporations—especially large ones—be innovative? Support your answer with examples.

  • Use the Internet to find an example of two corporate innovations—one brought about through autonomous strategic behavior and one developed through induced strategic behavior. Which innovation seems to hold the most promise for commercial success and why?

Maryland Corporation

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Maryland Corporation obtained authorization to issue 30-year bonds with a face value of €15 million. The bonds are dated May 1, 2020, and have a contract rate

of interest of 8 percent. They pay interest on November 1 and May 1. The bonds were issued on July 1, 2020, at 100 plus two months’ accrued interest.

Instructions:

Prepare the necessary journal entries in general journal form on the following.

(1) August 1, 2020, to record the issuance of the bonds. (5 points)

(2) November 1, 2020, to record the first semi-annual interest payment on the bond issue. (5 points)

(3) December 31, 2020, to record interest expense accrued through year-end. (Round to the nearest full number.) (5 points)

(4) May 1, 2021, to record the second semi-annual interest payment. (Round to the nearest full number.) (5 points)

(5) What was the prevailing market rate of interest on the date that the bonds were issued? Explain. (5 points)

Teal Corporation

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Teal Corporation, with E & P of $2 million, distributes property with a basis of $150,000 and a fair market value of $400,000 to Grace. She owns 15% of the outstanding Teal shares.

  • a.What are the tax consequences to Teal Corporation and to Grace if the distribution is a property dividend?

  • b.What are the tax consequences in (a) if Grace is a corporation?

  • c.What are the tax consequences to Teal Corporation and to Grace if the distribution is a qualifying stock redemption? Assume that Grace’s basis in the redeemed shares is $90,000.

  • d.What are the tax consequences in (c) if Grace is a corporation?

  • e.If the parties involved could choose from among the preceding options, which would they choose? Why?

IMF

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What are the highlights of the IMF’s bailout of Thailand?

accounting and economic profits

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Which of the following statements are true in regard to the relationship between accounting profits and economic profits?

In forming your response, note the definitions in this website https://corporatefinanceinstitute.com/resources/knowledge/accounting/accounting-profit-vs-economic-profit/#:~:text=Accounting%20Profit%20vs.%20Economic%20Profit%20Accounting%20profit%20is,flow%20that%E2%80%99s%20generated%20above%20all%20other%20opportunity%20costs

  • A. Accounting profits can be positive while economic can be negative at the same time.

  • B. Economic profits account for the required returns to investors, which accounting profits do not explicitly do so.

  • C. Both a and b

  • D. Neither a nor b

nominal annual rate

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 Assume that you are considering the purchase of a $1,000 par value bond that pays interest of $70 each six months (Total of $140 per year) and has 10 years to go before it matures. If you buy this bond, you expect to hold it for 5 years and then to sell it in the market. You (and other investors) currently require a nominal annual rate of return of 16%, but you expect the market to require a nominal rate of return of only 12% when you sell the bond due to a general decline in interest rates. How much should you be willing to pay for this bond today?