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Mars, Inc., had 560,000 shares of common stock issued and outstanding at December 31, 2010. On July 1, 2011, an additional 40,000 shares of common stock were issued for cash.Mars also had unexercised stock options to purchase 32,000 shares of common stock at $15 per share outstanding at the beginning and end of 2011. The […]

P3-2ARosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded into bowling balls. In the Packaging Department, the balls are placed in cartons and sent to the finished goods warehouse. All materials are entered at the beginning of each process. Labor […]

Every country around the globe is competing for investments by multinational companies. However, before investing in a new facility overseas, each company takes a multitude of factors into account.First, to review the latest Global Competitiveness Report from World Economic Forum (.weforum.org/reports/global-competitiveness-report-2014-2015″>http://www.weforum.org/reports/global-competitiveness-report-2014-2015).Next, do the following:Select one Asian and one African country.Compare and contrast their global business […]

The beginning capital of the business totals $4,000. If the net income for the period totals $14,000 and the withdrawals by the owner total $3,000, what will be the new capital balance reported?Show your working not just an answer.

If actual inflation exceeds anticipated inflation, who will lose purchasing power, and who will gain? How does unanticipated inflation harm the country? As part of your answer, include how you and your employer would both be affected.

Using the FMEA ToolVisit the Web site of the Institute for Healthcare Improvement (IHI), which provides a forum for health care organizations to share their FMEA success stories. There are at least 22 different categories included in this database. Peruse a wide variety of reports. Choose one FMEA success story.Response GuidelinesProvide a 250- to 300-word […]

Time Company issues 4,000 shares of its $5 par value common stock having a fair value of $25 per share and 6,000 shares of its $15 par value preferred stock (fair value is not known) for a lump sum of $205,000. What is the entry to record the issuance of the shares?

Bronsen acquired a biblical manuscript in 1955. In 1962, he told his sister Lila that he wanted Oklahoma A&M University to have this manuscript. He dictated a note so stating and placed it with the manuscript. He made some effort to have an officer of the college come for the manuscript. In 1966, he delivered […]

1. Activity-based costing requires four steps.RequirementR1. Rank the following steps in the order in which they would be completed.Number the first step as “1” until you have ranked all four steps.a. Compute the cost allocation rate for each activity.b. Identify the cost driver for each activity and estimate the total quantity ofeach driver’s allocation base.c. […]

Read Chapter 7, pp. 225229, from the textbook, Social Psychology. This reading discusses the concept of obedience to authority.Review the lesson for this module, which discusses the concept of social influence and group behavior.Obedience to AuthorityRead the following hypothesis:”The virtual annihilation of the European Jewish community could not have happened without the cooperation of thousands […]