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Like every state, Texas is made up of cities, towns and communities. However, it is also a state and must balance local independence (letting local folks make decisions) with state law. Where do you think that balance should be- with local governments (Mayors and City Councils) or with state government (Governor and the Legislature)? Do […]

NOT the same topic you chose for the Week 4 Assignment. Choose 2 recent popular or internet-based articles on this topic:Choose 1 popular article that you believe is scientifically credible and usefulChoose 1 popular article that you think is NOT scientifically credible or useful.Describe the topic you chose, and why you think it is relevant […]

1. Suppose that you wish to buy stock and protect yourself against a downside movement in its price. You consider both a covered call and a protective put. What factors will affect your decision?2. You have inherited some stock from a wealthy relative. The stock has had poor performance recently, and analysts believe it has […]

Select a state or federal law or regulation related to patient safety that has been implemented within the last five years requiring hospitals or any other health care organizations to change the way they manage the delivery of care. Discuss the changes that have occurred because of this law or regulation.Additionally, discuss the technology associated […]

(EntriesforBondTransactions—Straight-Line)Celine Dion Company issued $600,000 of 10%,20-yearbondsonJanuary1,2014,at102.InterestispayablesemiannuallyonJuly1andJanuary1.DionCompany uses the straight-line method of amortization for bond premium or discount.InstructionsPrepare the journal entries torecord the following.(a)The issuance of the bonds.(b)The payment of interest and the related amortization on July 1, 2014.(c)The accrual of interest and therelated amortization on December 31, 2014.

Consider the following information about Kellogg and General Mills, two breakfast cereal makers, regarding their advertising strategies: If neither firm advertises, each will increase its profit by $2 million. If one advertises and the other doesn’t, the firm that advertises will increase profit by $5 million, and the other firm’s profits will fall by $2 […]

Current Position AnalysisThe bond indenture for the 10-year, 9% debenture bonds issued January 2, 2015, required working capital of $100,000, a current ratio of 1.5, and a quick ratio of 1.0 at the end of each calendar year until the bonds mature. At December 31, 2016, the three measures were computed as follows:1.Current assets:Cash$102,000Temporary investments48,000Accounts […]

Assume that annual interest rates in the united states are 4 percent, while interest rates in france are 6 percent.A. According to IRP, what should the forward rate premium or discoun of the euro be ?B. If the euro’s spot rate is $1.10, what should the 1-year forward rate of the euro be ? Explain.

The December 31, 2014, adjusted trial balance of Old Maritime Manufacturing showed the following information: Machinery$780,000 Accumulated depreciation, machinery1384,300 Office furniture109,600 Accumulated depreciation, office furniture259,600 1Remaining useful life four years; estimated residual $50,000 2Remaining useful life five years; estimated residual $13,200.Early in 2015, the company made a decision to stop making the items produced by […]

Week 2 Accounting & The Regulatory Environment In the wake of the accounting and finance scandals of the early 2000s, the regulatory environment for businesses changed dramatically to create more accountability and transparency. Agencies like the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) play a greater role in enforcing […]