Ace - AI Tutor
Ask Our Educators
Textbooks
My Library
Flashcards
Scribe - AI Notes
Notes & Exams
Download App
blake garcia

blake g.

Divider

Questions asked

BEST MATCH

Beautiful, Inc. Balance Sheet December 31, 2021 Cash \$ 425,621 Accounts Receivable \$ 1,654,887 Note Receivable \$ 900,000 Building (net) \$ 1,800,000 Construction \$ 600,000 Equipment (net) \$ 637,000 Idle Equipment (net) \$ 107,000 Broadcast License (net) \$ 1,423,000 Total Assets \$ 7,547,508 Accounts Payable \$ 1,067,450 Line of credit for construction \$ 300,000 Note Payable \$ 651,185 Total Liabilities \$ 2,018,635 Paid In Capital \$ 4,000,000 Retained Earnings \$ 1,528,873 \$ 7,547,508 The current interest rate for Beautiful is 7%. Required: 1. Show all journal entries needed to adjust to fair value where necessary. 2. Show the new balance sheet with fair value as indicated. 3. Show the journal entry to record the trade in of the idle equipment for new equipment (sticker price \$105,000) plus payment of \$10,000 to the equipment dealer. So you gave up the old equipment and cash for new equipment on March 1, 202. Not long term so no adjustment Received on 2/1/2021 in return for a large service contract Terms = no interest - 3 payments of 300,000 each Feb - need to calculate the present value Being used for normal operations so no adjustment Weighted Average expenditures 375000 to add in capitalized interest - started and completed in 2021 No change in use Used equipment dealer quoted \$82,000 - original cost \$450,000 - change in use so consider impairment 10 year remaining life but changes to the broadcast spectrum - so need to consider impairment Company saves on royalties for using the broadcast spectrum on contract Without the broadcast license the royalties would be 126,000 per year (this is the future cash flows) Interest rate is 7% (rate for capitalized interest) Borrowed 800,000 on January 1, 2018 with monthly payments for 15 years at 6% Need to calculate the payment and then the present value of future cash flows using new interest rate

View Answer
divider
BEST MATCH

name: Jenna Poscy CWID: 30161948 (A) Write balanced equations for each reaction that formed a precipitate. Put NR for reactions that did not form a precipitate. \( \qquad \) \( \mathrm{Pb}\left(\mathrm{NO}_{3}\right)_{2}+ \) \( \qquad \) \( \mathrm{HCl} \rightarrow \) \( \qquad \) \( \mathrm{Pb}\left(\mathrm{NO}_{3}\right)_{2}+ \) \( \qquad \) \( \mathrm{K}_{2} \mathrm{CrO}_{4} \rightarrow \) \( \qquad \) \( \mathrm{Pb}\left(\mathrm{NO}_{3}\right)_{2}+ \) \( \qquad \) \( \mathrm{NaOH}_{-} \rightarrow \) \( \qquad \) \( \mathrm{Hg}_{2}\left(\mathrm{NO}_{3}\right)_{2}+ \) \( \qquad \) \( \mathrm{HCl} \rightarrow \) \( \qquad \) \( \mathrm{Hg}_{2}\left(\mathrm{NO}_{3}\right)_{2+} \) \( \qquad \) \( \mathrm{K}_{2} \mathrm{CrO}_{4} \rightarrow \) \( \qquad \) \( \mathrm{Hg}_{2}\left(\mathrm{NO}_{3}\right)_{2+} \) \( \qquad \) \( \mathrm{NaOH}_{-} \rightarrow \) \( \qquad \) \( \mathrm{NH}_{4} \mathrm{NO}_{3}{ }^{+} \) \( \qquad \) \( \mathrm{HCl} \rightarrow \) \( \qquad \) \( \mathrm{NH}_{4} \mathrm{NO}_{3+} \) \( \qquad \) \( \mathrm{K}_{2} \mathrm{CrO}_{4} \rightarrow \) \( \qquad \) \( \mathrm{NH}_{4} \mathrm{NO}_{3+} \) \( \qquad \) \( \mathrm{NaOH}_{-} \rightarrow \) \( \qquad \) \( \mathrm{Ni}\left(\mathrm{NO}_{3}\right)_{2}+ \) \( \qquad \) \( \mathrm{HCl} \rightarrow \) \( \qquad \) \( \mathrm{Ni}\left(\mathrm{NO}_{3}\right)_{2+} \) \( \qquad \) \( \mathrm{K}_{2} \mathrm{CrO}_{4} \rightarrow \) \( \qquad \) \( \mathrm{Ni}\left(\mathrm{NO}_{3}\right)_{2+} \_\mathrm{NaOH}_{-} \rightarrow \) \( \qquad \) \( \mathrm{AgNO}_{3}+ \) \( \qquad \) \( \mathrm{HCl} \rightarrow \) \( \qquad \) \( \mathrm{AgNO}_{3}+ \) \( \qquad \) \( \mathrm{K}_{2} \mathrm{CrO}_{4} \rightarrow \) \( \qquad \) \( \mathrm{AgNO}_{3+} \) \( \qquad \) \( \mathrm{NaOH}_{-} \rightarrow \)

View Answer
divider
BEST MATCH

Which of the following is not a sufficient criterion for a lessor to classify a lease as a sales-type lease? 2 points 01/02/59 Multiple Choice References The present value of the lease payments is substantially all of the fair value of the leased asset The lease transfers ownership of the leased asset to the lessee at the end of the lease term The present value of the lease payments is greater than the carrying value of the leased asset The lessee has the potion of acquiring the asset during or at the end of the lease term at a cargain price

View Answer
divider
BEST MATCH

Price Use the following graph of the demand for ground beef to answer the question below. 0 D3 D1 D2 Quantity Refer to the three demand curves for ground beef and assume that ground beef and ground turkey are substitutes. Which of the following would shift the demand for ground beef from D? to D??

View Answer
divider
BEST MATCH

Amber is a transparent brown yellow fossil resin an insect traction preserved within Amber pairs of 2.2 cm believe beneath the surface from directly from above how far below the surface is insect actually

View Answer
divider
BEST MATCH

Question 1: Energy comes in different types and it can transform from one to another but it cannot be created or destroyed. What type of energy corresponds to the motion of an object?

View Answer
divider
BEST MATCH

\[ (x)=x^{3}-8 \] A. The tinction fot is one-to-one and \( f^{\prime}(x)=\square \) (Simplty your annwe) 8. The thation is net one-to-ont.

View Answer
divider
BEST MATCH

How does E. coli assess whether the level of attractant in the media is increasing or decreasing in order to modulate runs vs. tumbles? Multiple Choice Every few seconds the attractant level is measured by comparing the level of methylation on the cytoplasmic side of the MCPs against the level of bound attractant on the periplasmic side of the MCPS. Every few seconds it measures the level of methylated sites on the periplasmic side of the MCPs against the level of attractant bound to MCPs in the cytoplasm. When attractant is high, CheA autophosphorylates and the cell runs. When CheY is phosphorylated, the cell runs, indicating high levels of attractant in the media.

View Answer
divider
BEST MATCH

Vin(t) + + 12 V ovo(t) +12 V ovo(t) + Vin(t) -12 V 12 V 10 ?? +12 V a) Basic Comparator b) Voltage follower (buffer) 10 ?? +12 V 1 ?? 1 ?? ovo(t) ovo(t) + + Vin(t) + -12 V Vin(t) -12 V Inverting Amplifier d) Non-inverting Amplifier Figure 4.2 Basic Op-Amp Circuits Preliminary Question: Find the expressions relating the output voltage to the input voltage for the circuits given in Figure 4.2 (a-b-c-d), where $v_{in}(t) = 5sin(2000\pi t)$ volts, and plot $v_o(t)$ and $v_{in}(t)$ for each of circuits on any of circuit design programs.

View Answer
divider
BEST MATCH

Question 3 Which direction does the pronator teres and pronator quadratus turn the palm (upward, downward, medially, etc...)? (one word please) Question 4 Each hand has finger bones, called Question 5

View Answer
divider