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Question : 61. Heartfelt Company owns a 40% interest in the voting common : 1228454

Accounting

 

61. Heartfelt Company owns a 40% interest in the voting common stock of Candle Corporation, accounted for using the equity method. During 2010, Candle Corporation reported net income of $100,000 and declared and paid cash dividends of $10,000. The carrying value of the Candle investment was $500,000 on January 1, 2010. At what amount is the Candle investment reported on the December 31, 2010 balance sheet? 
A. $500,000.
B. $540,000.
C. $496,000.
D. $536,000.

62. On January 1, 2010, Palmer, Inc. bought 40% of the outstanding shares of Arnold Corporation at a cost of $137,000. The equity method of accounting for this investment is used. During 2010, Arnold Corporation reported $30,000 of net income and paid $10,000 in cash dividends. At the end of 2010, the shares had a market value of $150,000. At what amount should the Arnold investment be reported at on the December 31, 2010 balance sheet? 
A. $150,000
B. $158,000
C. $145,000
D. $148,000

63. On January 1, 2010, Palmer, Inc. bought 40% of the outstanding shares of Arnold Corporation at a cost of $137,000. The equity method of accounting for this investment is used. During 2010, Arnold Corporation reported $30,000 of net income and paid $10,000 in cash dividends. At the end of 2010, the shares had a market value of $150,000. How much income will Palmer report from the Arnold investment during 2010? 
A. $12,000
B. $30,000
C. $10,000
D. $4,000

64. On January 1, 2010, Calas Company acquired 40% of the outstanding voting stock of Nick Company as a long-term investment. During 2010, Nick reported net income of $10,000 and declared and paid dividends of $4,000. During 2010, Calas Company should report “Income from investee earnings” of 
A. $3,000.
B. $4,000.
C. $2,400.
D. $10,000.

65. On January 1, 2010, Turtle Inc. bought 30% of the outstanding shares of Shell Corporation at a cost of $150,000. The equity method of accounting for this investment is used. During 2010, Shell Corporation reported $40,000 of net income and paid $5,000 in cash dividends. At the end of 2010, the shares had a market value of $160,000. How much investment income will Turtle report from the Shell investment during 2010? 
A. $12,000
B. $40,000
C. $5,000
D. $1,500

66. On January 1, 2010, Turtle Inc. bought 30% of the outstanding shares of Shell Corporation at a cost of $150,000. The equity method of accounting for this investment is used. During 2010, Shell Corporation reported $40,000 of net income and paid $5,000 in cash dividends. At the end of 2010, the shares had a market value of $160,000. What investment balance will be reported on Turtle’s December 31, 2010 balance sheet? 
A. $150,000
B. $160,000
C. $160,500
D. $162,000

67. When is the equity method not used to account for long-term investments in stocks? 
A. When the investment is 30% of the voting stock and significant influence can be achieved.
B. When the investment is 15% and significant influence can be achieved.
C. When the investment is greater than 50% of the voting stock and control is achieved.
D. When the investment is 40% of the voting stock and significant influence can be achieved.

68. Which of the following statements is false? 
A. Dividends received from stock investments increase cash flows from investing activities.
B. Income from investments accounted for using the equity method doesn’t create cash flows.
C. Sale of stock investments is a cash inflow from investing activities.
D. Dividends received from stock investments accounted for using the equity method don’t create net income but do create cash flows.

69. Which of the following statements is correct? 
A. When the equity method is used to account for an investment in an investee, the reported share of investee income must be added to net income on the statement of cash flows.
B. When the equity method is used to account for an investment in an investee, the cash dividends received are cash inflow from investing activities.
C. Any realized or unrealized gains or losses that were reported on the income statement under the market value method must be removed from net income in the operating activities section of the statement of cash flows.
D. When the equity method is used to account for an investment in an investee, the reported share of investee dividends must be deducted from net income on the statement of cash flows.

70. Photo Finish Corporation bought a 40% interest in the voting stock of Click It Corporation’s $1 par value common stock for $20 million (2 million shares at a $10 market price) on March 31, 2011. On December 31, 2011, Click It paid a $1 million cash dividend declared earlier in 2011 and reported net income for the year ended 2011 of $10 million. On December 31, 2011, Click It’s stock was trading at $11.50 per share.
What effect will the dividend have on Photo Finish’s financial statements? 
A. It would increase cash and increase investment income.
B. It would increase cash and decrease investment in Click It.
C. It would increase cash and increase net unrealized gains/losses.
D. It would increase cash and increase the allowance to value at market account.

 

 

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July 1, 2023
    

Primary task ( 450  words ) 

 

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Summative Discussion Board

In this course, you were introduced to problem-based learning (PBL). Engage in discussion by providing feedback on your experience with PBL, as follows:

  • How easy was it to understand each of the problems that were presented?
  • Were you able to find the relevant information that you needed to fully understand the problem?
  • How did you obtain the knowledge that is necessary to propose a solution for the problems presented?
  • Did you experience any learning issues?
  • Assess and reflect on your learning process. What changes or suggestions would you make?

Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 3 paragraphs on the following:

  • What were the most compelling topics learned in this course?
  • How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
  • What approaches could have yielded additional valuable information?
  • What are the ethical or legal implications in upgrading information technology (IT) and enterprise architecture (EA) infrastructures? What are the ethical or legal implcations of the installation and implementation of a new IT Infrastructure?

Very main project ( need 5-6  pages of content ) ( week 5 ) 

 

Case Study: Problem 5

The management of U.S. Sports Fanatics has found that the updating and upgrading of the information technology (IT) infrastructure has been planned out very well by the IT company involved in the upgrade. However, there is a delay in the implementation. Meeting time schedules requires a lot of work and dedication. Now, the online governance evaluation of the past week is generally critical because it leads to the final task of testing and application. You are now in the final week. As the IT consultant, you are required to provide leadership and dedication from experience.

Part 1: Final Deliverable for Key Assignment

Week 5: Implementation of the IT Infrastructure Manual

In the last few weeks, you have prepared the foundation for the Enterprise System Architecture Design document. The final step is to include the writing of the installation manual and the actual testing and upgrading of the IT infrastructure. You have to train the staff and show the difference between the old and new structure. This requires time and effort. Also, your work has to be original and not from previous work in another installation. The implementation has to be unique and approved by your instructor feedback. Your final product is an installation and definition document.

The project deliverables are as follows:

  • Update the Enterprise System Architecture Design document title page with the new date.
  • Update the previously completed sections based on the instructor's feedback.
  • ESA Governance Improvements
    • IT Infrastructure Quality
      • Document the changes that are necessary to improve the ESA governance currently in place related to IT quality in the organization.
    • IT Management
      • Document the changes that are necessary to improve the IT currently in place related IT management in the organization.
    • ESA Policies Management
      • Document the changes that are necessary to improve the operating model currently in place related to ESA policies in the organization.
    • ESA Improvement
      • Document the changes that are necessary to improve the ESA governance currently in place related to business processes in the organization.
    • Risk Management
      • Document the changes that are necessary to improve the ESA governance currently in place related to risk management in the organization.
    • Implementation Plan
      • Define the team required for implementation of the ESA and ESA governance policies and procedures.
      • Identify the key tasks required for implementation, including time and resource requirements.
      • Assign key tasks to implementation team members.
      • Develop a project time line.
      • Establish key implementation milestones.
  • Complete the Enterprise IT Infrastructure Implementation Manual final version by doing the following:
    • Review the entire document for any changes and improvements that you would like to make.
    • Ensure that this final version of the document is sufficiently detailed to meet the requirements of the assignment.
  • Be sure to update your table of contents before submission.
  • Name the document "yourname_CS663_IP5.doc."

Please refer to the Worked Example that follows for an example of this assignment based on the Problem-Based Learning Scenario. The worked example is not intended to be a complete example of the assignment, but it will illustrate the basic concepts that are required for completion of the assignment, and it can be used as a general guideline for your own project. Your assignment submission should be more detailed and specific and should reflect your own approach to the assignment rather than just following the same outline provided in the worked example.

Note that the worked example includes material from previous worked examples. The new material will be found under the Week 5 sections of the Table of Contents.

The worked example is provided here to help with this assignment.

Part 2: Argumentation

Argumentation PowerPoint

Envision that you now have to present your solution to your client. You need to make a formal presentation to a group of stakeholders, and you need to be prepared to answer their questions. As a final step in the project, you will create a PowerPoint presentation of 8 slides (excluding Title and Reference slides) in which you provide the following:

  • In the Notes pages of each slide and based on the context of the information on that slide, provide a narrative of 4 paragraphs of your rationale for the IT infrastructure implementation and improvements that you are recommending.
  • On each slide, identify the evidence that you have to support the arguments.
  • All sources that are used to support your argument and solution should be cited both in-text (on the slide or in the Notes section) and on a References slide in APA format.
  • Name the document "yourname_IT663_IP5.pptx."

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course materials.

default image
July 1, 2023
    

Primary task ( 450  words ) 

 

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Summative Discussion Board

In this course, you were introduced to problem-based learning (PBL). Engage in discussion by providing feedback on your experience with PBL, as follows:

  • How easy was it to understand each of the problems that were presented?
  • Were you able to find the relevant information that you needed to fully understand the problem?
  • How did you obtain the knowledge that is necessary to propose a solution for the problems presented?
  • Did you experience any learning issues?
  • Assess and reflect on your learning process. What changes or suggestions would you make?

Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 3 paragraphs on the following:

  • What were the most compelling topics learned in this course?
  • How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
  • What approaches could have yielded additional valuable information?
  • What are the ethical or legal implications in upgrading information technology (IT) and enterprise architecture (EA) infrastructures? What are the ethical or legal implcations of the installation and implementation of a new IT Infrastructure?

Very main project ( need 5-6  pages of content ) ( week 5 ) 

 

Case Study: Problem 5

The management of U.S. Sports Fanatics has found that the updating and upgrading of the information technology (IT) infrastructure has been planned out very well by the IT company involved in the upgrade. However, there is a delay in the implementation. Meeting time schedules requires a lot of work and dedication. Now, the online governance evaluation of the past week is generally critical because it leads to the final task of testing and application. You are now in the final week. As the IT consultant, you are required to provide leadership and dedication from experience.

Part 1: Final Deliverable for Key Assignment

Week 5: Implementation of the IT Infrastructure Manual

In the last few weeks, you have prepared the foundation for the Enterprise System Architecture Design document. The final step is to include the writing of the installation manual and the actual testing and upgrading of the IT infrastructure. You have to train the staff and show the difference between the old and new structure. This requires time and effort. Also, your work has to be original and not from previous work in another installation. The implementation has to be unique and approved by your instructor feedback. Your final product is an installation and definition document.

The project deliverables are as follows:

  • Update the Enterprise System Architecture Design document title page with the new date.
  • Update the previously completed sections based on the instructor's feedback.
  • ESA Governance Improvements
    • IT Infrastructure Quality
      • Document the changes that are necessary to improve the ESA governance currently in place related to IT quality in the organization.
    • IT Management
      • Document the changes that are necessary to improve the IT currently in place related IT management in the organization.
    • ESA Policies Management
      • Document the changes that are necessary to improve the operating model currently in place related to ESA policies in the organization.
    • ESA Improvement
      • Document the changes that are necessary to improve the ESA governance currently in place related to business processes in the organization.
    • Risk Management
      • Document the changes that are necessary to improve the ESA governance currently in place related to risk management in the organization.
    • Implementation Plan
      • Define the team required for implementation of the ESA and ESA governance policies and procedures.
      • Identify the key tasks required for implementation, including time and resource requirements.
      • Assign key tasks to implementation team members.
      • Develop a project time line.
      • Establish key implementation milestones.
  • Complete the Enterprise IT Infrastructure Implementation Manual final version by doing the following:
    • Review the entire document for any changes and improvements that you would like to make.
    • Ensure that this final version of the document is sufficiently detailed to meet the requirements of the assignment.
  • Be sure to update your table of contents before submission.
  • Name the document "yourname_CS663_IP5.doc."

Please refer to the Worked Example that follows for an example of this assignment based on the Problem-Based Learning Scenario. The worked example is not intended to be a complete example of the assignment, but it will illustrate the basic concepts that are required for completion of the assignment, and it can be used as a general guideline for your own project. Your assignment submission should be more detailed and specific and should reflect your own approach to the assignment rather than just following the same outline provided in the worked example.

Note that the worked example includes material from previous worked examples. The new material will be found under the Week 5 sections of the Table of Contents.

The worked example is provided here to help with this assignment.

Part 2: Argumentation

Argumentation PowerPoint

Envision that you now have to present your solution to your client. You need to make a formal presentation to a group of stakeholders, and you need to be prepared to answer their questions. As a final step in the project, you will create a PowerPoint presentation of 8 slides (excluding Title and Reference slides) in which you provide the following:

  • In the Notes pages of each slide and based on the context of the information on that slide, provide a narrative of 4 paragraphs of your rationale for the IT infrastructure implementation and improvements that you are recommending.
  • On each slide, identify the evidence that you have to support the arguments.
  • All sources that are used to support your argument and solution should be cited both in-text (on the slide or in the Notes section) and on a References slide in APA format.
  • Name the document "yourname_IT663_IP5.pptx."

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course materials.

default image
July 1, 2023
    

Primary task ( 450  words ) 

 

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Summative Discussion Board

In this course, you were introduced to problem-based learning (PBL). Engage in discussion by providing feedback on your experience with PBL, as follows:

  • How easy was it to understand each of the problems that were presented?
  • Were you able to find the relevant information that you needed to fully understand the problem?
  • How did you obtain the knowledge that is necessary to propose a solution for the problems presented?
  • Did you experience any learning issues?
  • Assess and reflect on your learning process. What changes or suggestions would you make?

Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 3 paragraphs on the following:

  • What were the most compelling topics learned in this course?
  • How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
  • What approaches could have yielded additional valuable information?
  • What are the ethical or legal implications in upgrading information technology (IT) and enterprise architecture (EA) infrastructures? What are the ethical or legal implcations of the installation and implementation of a new IT Infrastructure?

Very main project ( need 5-6  pages of content ) ( week 5 ) 

 

Case Study: Problem 5

The management of U.S. Sports Fanatics has found that the updating and upgrading of the information technology (IT) infrastructure has been planned out very well by the IT company involved in the upgrade. However, there is a delay in the implementation. Meeting time schedules requires a lot of work and dedication. Now, the online governance evaluation of the past week is generally critical because it leads to the final task of testing and application. You are now in the final week. As the IT consultant, you are required to provide leadership and dedication from experience.

Part 1: Final Deliverable for Key Assignment

Week 5: Implementation of the IT Infrastructure Manual

In the last few weeks, you have prepared the foundation for the Enterprise System Architecture Design document. The final step is to include the writing of the installation manual and the actual testing and upgrading of the IT infrastructure. You have to train the staff and show the difference between the old and new structure. This requires time and effort. Also, your work has to be original and not from previous work in another installation. The implementation has to be unique and approved by your instructor feedback. Your final product is an installation and definition document.

The project deliverables are as follows:

  • Update the Enterprise System Architecture Design document title page with the new date.
  • Update the previously completed sections based on the instructor's feedback.
  • ESA Governance Improvements
    • IT Infrastructure Quality
      • Document the changes that are necessary to improve the ESA governance currently in place related to IT quality in the organization.
    • IT Management
      • Document the changes that are necessary to improve the IT currently in place related IT management in the organization.
    • ESA Policies Management
      • Document the changes that are necessary to improve the operating model currently in place related to ESA policies in the organization.
    • ESA Improvement
      • Document the changes that are necessary to improve the ESA governance currently in place related to business processes in the organization.
    • Risk Management
      • Document the changes that are necessary to improve the ESA governance currently in place related to risk management in the organization.
    • Implementation Plan
      • Define the team required for implementation of the ESA and ESA governance policies and procedures.
      • Identify the key tasks required for implementation, including time and resource requirements.
      • Assign key tasks to implementation team members.
      • Develop a project time line.
      • Establish key implementation milestones.
  • Complete the Enterprise IT Infrastructure Implementation Manual final version by doing the following:
    • Review the entire document for any changes and improvements that you would like to make.
    • Ensure that this final version of the document is sufficiently detailed to meet the requirements of the assignment.
  • Be sure to update your table of contents before submission.
  • Name the document "yourname_CS663_IP5.doc."

Please refer to the Worked Example that follows for an example of this assignment based on the Problem-Based Learning Scenario. The worked example is not intended to be a complete example of the assignment, but it will illustrate the basic concepts that are required for completion of the assignment, and it can be used as a general guideline for your own project. Your assignment submission should be more detailed and specific and should reflect your own approach to the assignment rather than just following the same outline provided in the worked example.

Note that the worked example includes material from previous worked examples. The new material will be found under the Week 5 sections of the Table of Contents.

The worked example is provided here to help with this assignment.

Part 2: Argumentation

Argumentation PowerPoint

Envision that you now have to present your solution to your client. You need to make a formal presentation to a group of stakeholders, and you need to be prepared to answer their questions. As a final step in the project, you will create a PowerPoint presentation of 8 slides (excluding Title and Reference slides) in which you provide the following:

  • In the Notes pages of each slide and based on the context of the information on that slide, provide a narrative of 4 paragraphs of your rationale for the IT infrastructure implementation and improvements that you are recommending.
  • On each slide, identify the evidence that you have to support the arguments.
  • All sources that are used to support your argument and solution should be cited both in-text (on the slide or in the Notes section) and on a References slide in APA format.
  • Name the document "yourname_IT663_IP5.pptx."

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course materials.

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We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

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Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

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Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

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Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

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Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

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