Free Essay

Unrealized Gain

In: Business and Management

Submitted By ARCHER111
Words 293
Pages 2
1. The unrealized profit in ending inventory before tax = 48000*0.35*0.6=10080
The unrealized profit in ending inventory after tax=48000*0.35*0.6*(1-0.4) =6048

2. The unrealized profit in ending inventory before tax=[40000/(1-0.3)]*0.3*0.3=5143
The unrealized profit in ending inventory after tax=[40000/(1-0.3)]*0.3*0.3*0.6=3086

3. Assume X is the cost of this merchandise
Then x+0.4x=80000, x=57143
The unrealized profit in ending inventory before tax=57143*0.5*0.6=17143
The unrealized profit in ending inventory after tax=57143*0.5*0.6*(1-0.4) =10286

4. The unrealized profit in ending inventory before tax=40000*0.6*0.5=12000
The unrealized profit in ending inventory after tax=40000*0.6*0.5*(1-0.4) =7200

5. Acquisition differential= 3400000-(4700000-1000000)=-3000000

6. Acquisition differential=2600000/0.6-(600000+140000)=3593333

7. Fv:2000000 N:40
I: 2
PMT:36000
Pv= 79016
Issue price=79016

8. Fv: 2000000 Pv: 1900000 N:20 I: 2 PMT=33884
Market rate= (33884/1900000)*2=4%

9. journal entry: (b) Debit Cash 4396248 Credit Bonds payable 4396248 (c) Debit Interest expense 83529 Bonds payable 16741 cash 100000 Debit Interest expense 83210 Bonds payable 16790 Cash 1000000

(d) The unamortized premium is 204234 at sep 30 2019, so the journal entry is Debit bonds payable(4396248*0.4+204234 *0.4) 1840192 Credit Cash(4396248*1.02*0.4) 1793669 Gain on redemption bond 46523

10. Year Depreciation 2014 6875 2015 11000 2016 11000 2017 11000 2018 24853 Book value when sale=120000-(6875+11000+11000+11000+4853)=75272 After-tax gain=78000-75272=2728

Similar Documents

Premium Essay

Unrealized Gain on Investment

...for your answer. This is a short-term investment that was held for one month then sold for fair market value. • 2. Record Eastern’s purchase of the Dream stock on December 15 and the adjustment to market value on December 31. 2012 December 15 Short-term Investment in Dream Inc. stock Inc. (1,000x$57) $57,000 Cash $57,000 Purchased investment December 31 Investment in Dream Stock Inc. $1,000 Unrealized Gain on Investment $1,000 Adjusted investment to fair value Investment in Dream Stock Inc. Unrealized Gain on Investment 57,000 | 1,000 | $58,000 | | 1,0000 3. Show how Eastern would report this investment on its balance sheet at December 31 and any gain or loss on its income statement for the year ended December 31, 2012. Eastern Corporation December 31, 2012 Balance Sheet Income Statement Current Assets…………….. Revenues…………………. $XXX Cash……………….. $XXX Expenses…………………. $XXX Short term investment at Other revenue, gains and losses: Fair value…………………… $58,000 Interest Revenue……… $XXX Accounts Receivable………. $XXX Dividend revenue……….. $XXX Investment………………… $1,000 Net Income……………….....

Words: 263 - Pages: 2

Free Essay

Gaining Commitment by Creating Urgency

...The session was a follow-up from the session entitled “The Fork in the Road – Connect & Discover”. The aim was to gain commitment from the prospective students by creating urgency. The following areas were covered: - Why should urgency be created? - How should urgency be created? - Component(s) of urgency ALWAYS get the prospective student to see what is in it for them (WIIFT) by constant reference to their “MOTIVATION”, for example, use phrases like ….. “Remember when you told me earlier that……..” Why should urgency be created? Approximately six reasons were outlined as to why urgency should be created. All of them pointed centrally to the fact that urgency needs to be created so that the prospective students can realize that the decision they are making now can/will make a difference in their lives. How should urgency be created? A number of ways to create urgency were outlined – beginning with the fact that we must, as AAs , be confident in the fact that we are the experts and as such we should sound like experts; so much so, that when the prospective students hear us talk, they will believe what we say and begin to trust us. We should build rapport, ensuring at all times that that our voice inflections reflect enthusiasm and excitement. By the end of the interview the prospective student must want more, because of the re-assurance they have received that KU is a good fit for him/her. Component(s) of urgency. - The bottom...

Words: 364 - Pages: 2

Free Essay

Amplifier

...Operational amplifiers-OPAMP Ideal- characteristics Real- you buy LM741C Characteristics 1. AOL- Open loop gain – infinite (typical value 1000000 for LM741) 2. input resistance Rin=infinite(2Mohms) 3. input current = 0 4. Rout=0(small 75ohms) 5. AOLdoes not change with the frequency of the input signal- the voltage gain is constant VCVS-voltage controlled voltage source Negative feedback Lowers the voltage gain, and also makes it constant for a bigger range frequency INVERTING AMPLIFIER USING AN OP AMP Positive Vin negative Vout Negative Vinpositive Vout (1800 out of phase) Op amp with negative feedback will have ACL(closed-loop gain)—the new circuit (op amp +Rf+R)has a new gain which is called closed-loop gain Acl=-Rf/R Vout=-(Rf*Vin)/R; Rf>R The gain of the inverting depends on two resistors, Rf and R,Rf is connected between the output pin and inverting pin and Rf must be grater than the value of R. To have an amplifier, R is connected between the input signal and the inverting pin. The negative sign in the formula for the closed loop gain means that the input signal and the ouput signal are 180 out of phase, meaning that +inputs produce-output and vice versa. The output voltage cannot go above Vcc and Vee . The output wave is clip off wave’ The output wave will be a saw wave(triangular), if the gain is too much big. IR=IF+Iin (Iin=0) IR=IF Ir=Vin/R If=Vout/ Rf Vout/Vin=Rf/R To find the formula for ACL of inverting op amp amplifiers: ...

Words: 330 - Pages: 2

Free Essay

Schneider

...Executive Summary Schneider Electronic, in its global account management (GAM) development, has got a new client, Calchem, and is preparing for the first account manager workshop. Some management issues have been exposed regarding not only the relationship between Schneider and Calchem but also the effectiveness of Schneider’s communication network and the cooperation from its subsidiaries. This report aims to analyse the challenges Schneider is facing in depth with the focus on cultural differences to figure out the solutions for this company to promote system of global account management, to gain support from local subsidies and to build the reliable long term relationship with new clients. The report identifies the challenges Schneider is facing at current. Firstly, the internal communication channel across organizations, relationships between subsidiaries and head quarters (HQ) and customer relations is considered as the core issues. Due to the matrix structure and the larger number of cultures involved in the net work communication, effective information feeding and sharing is difficult to be achieved. Secondly, different cultural orientations of different subsidiaries have made the goal of GAM hard to be gained. This is presented by the resistance to develop GAM in some subsidiaries and the reluctance to attend workshop. Furthermore, different cultural orientations of the clients raise different interpretation of Schneider Electric’s actions bringing misassumption...

Words: 280 - Pages: 2

Free Essay

Towers

...Towers Committee Minutes- 9/05/11 Present: Matt Best, Ali, Gianni, James, KC, Mike, Dizzy, TJ, Callum, Hayley, Piers, Chelsea, David, Charlie, Fran, Jack. Apologies: Simon Matt Best: -Audit next week -Grills for the BBQ? Ali: -A White towers tiger mascot from china is now on its way!! -International Friday, unfortunately I’m not here…so massive push to get people involved to make sure we get hall of the world -Will sort out Towers Hall of the year application -Technically only 10 fresher Reps can be allowed in towers next year. If you email Matt with the no. of fresher reps we plan on having (WITH JUSTIFICATION!!) Gianni: -Bouncy castle + BBQ before Final Friday Fling -Storage room key given to Ali Jones, make sure he keeps a record/track of who has the key -Bottle Collection this Thursday which Fresher reps -Blackout on the 26th when we are at the summer ball Sports: -well done at IMS athletics, we got through to lots of finals! -upcoming events (rounder’s Tues, tennis Wed, men’s water polo soon, golf next Wednesday?) -IMS awards 25th June? Social: -Sponsorship meeting tonight -Good news for next year with Revs!! With both Luke and Rich both working there we can get priority and hopefully get sponsorship and good deals. -Start planning Final Friday Fling -Selling Tickets for summer ball (£25) PUSH people to purchase as places will fill up quickly. Sub wardens on sober duty? -Paintballing Cancelled due to lack of numbers -risk assessment...

Words: 475 - Pages: 2

Free Essay

Phases of Attack from a Hacker

...There are five phases that a hacker will go thru when trying to attack your system. Each one is different and requires different ways to limit the hacker’s ability to gain information about your system. The first phase is reconnaissance, this can be passive or active. One of the things that a hacker might try is social engineering to gain information on the system. The best way to combat this, is by training and more training of the employees on the various ways that a hacker will attempt to get information. There is also dumpster diving, the only way to combat this is to make sure that the information that is being of disposed is of such a nature that it is useless to them. Information that they could use to gain access to the system, should be destroyed in such a way that it cannot be reconstructed in any way. Also a hacker could try sniffing the network, this is where system hardening will assist in preventing the hacker from gaining information. The second phase is scanning, in this phase the hacker will try to scan the network to see what information he can obtain to assist him in determining what weakness exist. This scanning he can find out such information as to what type of OS is being used, the version of the OS, and many other things about the network. To help prevent him from getting this information, system hardening is the best defense. This will include but not limited to disabling all ports but those that are needed, turning off certain ICMP features which...

Words: 399 - Pages: 2

Free Essay

Electronic Theory Lab 3

...Instructions: Complete the three parts—Part 1, Part 2, and Part 3 of Lab 1. When you have completed each part, answer the questions and transcribe/transfer the test results recorded in the lab manual’s tables to the tables provided. ------------------------------------------------- Part 1—Common Emitter (CE) Amplifier Theory: 1. What type of bias is used in the common-emitter amplifier shown in Figure 3-1(a)? * Voltage Divider 2. Explain the reason(s) why the AC equivalent circuit appears as it does in Figure 3-1(b). * When an AC input signal is applied to the amplifier, the capacitors will act as shorts. This is why we call this Figure the “AC Equivalent”. 3. What values must be calculated to determine the DC operating parameters? * VB * VE * IE * VC * VCE * VCC 4. What information can be obtained by determining the DC load line of an amplifier? * We use the DC load line to graph all possible current and voltage characteristics of a biased transistor. This includes any measurements that are between saturation and cutoff, including the Q-point. 5. What values must be calculated to determine the AC operating parameters? * Vin = Vb * r’ e * Ve * Av * Vout = Vc * Rin(total) * Rac 6. What information can be obtained by determining the AC load line of an amplifier? * We use the AC load line to graph the maximum/minimum current...

Words: 2800 - Pages: 12

Free Essay

Solid State Devices

...“Class A Power Amplifiers” ITT Technical Institute• 3rd Quarter/December2014 •3-6-2015 Introduction The common-emitter (CE) amplifier provides high voltage gain with moderate input resistance whereas the common collector (CC) amplifier provides current gain and low output resistance. Combining the two amplifiers gives the advantages of each, allowing the amplifier to drive a relatively low resistance load such as a speaker. In all amplifiers, some power from the supply is wasted – that is, it does not show up as signal power in the load. In class A power amplifiers, the transistor is biased on at all times, causing power to be dissipated in the transistor, even when no signal is present. Because of this, class A amplifiers are not as efficient as class B designs. For low power applications, this reduced efficiency is not a major problem. Further, the power dissipated in the transistor is highest when no signal is present, so it is simple to compute the worst case power dissipated in the transistor − it is simply VCEQICQ. In this experiment, you will combine a CE and CC amplifier to form an amplifier that will be used for driving a small speaker. Most speakers are low resistance devices, requiring the driving amplifier to have a low output resistance. Because the CE amplifier typically has relatively high output resistance, a Darlington CC amplifier is selected to minimize the loading effect. In the For Further Investigation section, you can complete the amplifier...

Words: 706 - Pages: 3

Premium Essay

Mr Waleed

...Homework WK4 ECET 220 Chapter 4 10. Assume a JFET has the transconductance curve shown in Figure 4–76. (a) What is IDSS? (b) What is VGS(off)? (c) What is the transconductance at a drain current of 2.0 mA? ID= 2.3 mA VGs = -2 v VD= Vpp – ID( RS+RD) 15 – 2.3m (1k +3.3 K) 15 – 2.3 (4.3 K) VDS= 5.11 2.3 m * 1 k Vs= 2.3 V 11. Assume the JFET with the transconductance curve shown in Figure 4–76 is connected in the circuit shown in Figure 4–77. (a) What is VS? (b) What is ID? (c) What is VDS? VD = VDD - ID*RD = 15V - (2.1mA) (3.3k Ω) = 8.07V ID = IS 2.1mA VS = IS * RS = 2.1mA * 1k Ω 2.1V ID = IDSS ( 1- (VGS/VGSoff))2 6.4 ( 1 - ( -2.1 / -5 )2 2.1 mA VDS = VDD - ID(RD + RS) 15V - (2.1MA) ( 4.3k Ω ) 15V - 9.03 = 5.97V 13. For each circuit in Figure 4–78, determine VDS and VGS. VD = VDD – ID times RD VS = IS times RS VDS = VDD - ID(RD + RS) VGS = VG - VS a) VD = 12V - (1mA) (4.7k Ω) = 7.3V VS = (1mA) (1k Ω) = 1V VDS = 12V - (1mA)(5.7k Ω) = 6.3V VGS = 0V - 1V = -1V b) VD = 9V - (3mA) (470 Ω) = 7.59V VS = (3mA) (100 Ω) = .3V VDS = 9V - (3mA)(570k Ω) = 7.29V VGS = 0V - .3V = -.3V c) VD = -15V - (5mA)...

Words: 408 - Pages: 2

Premium Essay

Nectar Case Solution

...1. Is there any evidence that the program pays out for Sainsbury? Elaborate. Sainsbury’s had been losing market share until partnering with Nectar and then became U.K.’s second largest supermarket chain after the first year of using the program. They also discovered weekly spending was 40% greater among people collecting points from several sponsors than only from Sainsbury’s. A study suggested that Sainsbury’s gained market share from non-Nectar retailers through gasoline sales due to the competition between BP and Sainsbury’s with Nectar. Sainsbury’s benefited from the Nectar program by: · Increasing the frequency of customer’s visits and spending more per transaction · Acquiring new customers · Retaining current customers · Up-selling to customers to buy higher margin products While Sainsbury’s was the dominant sponsor, there had been a steady decrease in its importance. In the launch month, four out of five collectors earned points from Sainsbury’s alone. Within six months, half had earned points from a second sponsor and at the anniversary 30% earned from one, 60% from two and 10% from three sponsors. Spending at Sainsbury’s was greater among collectors earning points from multiple sources than from Sainsbury’s alone. Weekly spending at Sainsbury’s was 40% greater when people collected from them and two other sponsors than from Sainsbury’s alone. It also became apparent that collectors who earned points from multiple sponsors...

Words: 642 - Pages: 3

Free Essay

Experience Paper

...For this paper I took a look at possible volunteer opportunities in my local community. I gave examples of what opportunities were available and how to find information on how to become a volunteer. I choose to use google as my research criterion and found a very resourceful website with the information I needed. As you read my paper you will find information about being a volunteer, what benefits it has, and what opportunities are available. Below I listed some great information about becoming a volunteer. As a volunteer As a volunteer, you can volunteer on your own or with your family or with a group. Volunteer your time, skills, services and talents. Opportunities are available with children, teens, adults, individuals with special needs and seniors. Volunteer your expertise and experience on a community board. Share your time as an instructor. Design a web page, troubleshoot computer problems, build a bookcase or serve as a mentor Volunteer by coordinating an event, project or publication. Volunteer by making an in-kind donation (new or used). Our partner agencies need everything from computers (hardware and software), office equipment and supplies, household goods to clothing and canned goods. There are so many ways an individual can volunteer these days. Finding one that best suits you is important. You want to be comfortable while volunteering and know your gaining a great deal of knowledge to help improve your education. Search criterion When researching for...

Words: 1174 - Pages: 5

Free Essay

Cm206 Seminar

...Conflict is often viewed in a negative light, it can actually be beneficial. One of the benefits: conflict can often provide opportunities for growth. This is because it develops insight into our feelings when we exchange them with others. 2. What are the orientations to conflict? Which do you tend to use most often? (If you do not know, take the quick Quiz on p. 250 of the text.) The orientations to conflict are: Lose-lose: This assumes that conflict results in losses for everyone, and that it is unhealthy and destructive for relationships. Win-lose: This assumes that one person wins at the expense of the other. Win-win: This assumes that there are usually ways to resolve differences to that everyone gains. I tend to use win win. I like to find a way that everyone can gain from a situation....

Words: 506 - Pages: 3

Free Essay

The Fruits of Legitimacy

...The Fruits of Legitimacy:Why Some New Ventures Gain More from Innovation Than Others Summary: New Ventures play a vital role in the development of any company.In addition,the actions of new ventures may even spur large, incumbent firms into action, thus accelerating the pace of technological change.The new ventures success depend upon their ability to produce new products.Sometimes even amongst the ventures producing the same good they have different fates.One of the difficulties faced by the new ventures is the liability of being new to the business. Potential stakeholders view firms in these industries with skepticism. An important way that new ventures can overcome the liability of newness and increase their gains from new products is by taking actions that provide them with legitimacy in the eyes of stakeholders. new ventures can gain legitimacy by creating associations with more established entities, either external or internal to the firm. Article Review: This article is written by Raghunath Singh Rao, Rajesh K. Chandy, & Jaideep C. Prabhu.In this study, the role of a variety of legitimizing actions have been highlighted and empirically tested. In order to legitimize the new ventures in the eyes of the stakeholders different actions can to undertaken.It has also been shown that these legitimizing actions may not always work together. Among internal means of gaining legitimacy, four types of actions has been proposed: historical, scientific, market, and locational...

Words: 691 - Pages: 3

Free Essay

Huffmans Operating System

...Huffman Trucking’s Operating System Many companies are using their own dependable operating system to maintain and operate their businesses. For Huffman Trucking, they need an operating system that can handle their demand of trucks, orders, and growth. They decided to use a fleet tracking system that would allow them to produce and expand in a beneficial manner. Huffman Trucking has been around since 1936 and back then they only had a single tractor-trailer. Now, they have grown exponentially with over 800 trailers, 925 drivers and 425 personnel’s. Huffman’s has been recognized as the 1st major freight carrier which will only increase the demand. For that same reason is why they chose their operating system to be able to handle their pressure, demand and accurately provide records of their shipments. The operating system they chose and started using was Fleet trucking system which would provide them with the new technology for their demand. The feel trucking system was chosen because of it was the best software that provided them with all the necessary items. A few features that it provided where: * Mapping: Which allows their drivers to get accurate coordinates and not get lost. * GPS: This also allows the corporate office to keep track of its drivers and shipments. * Fuel Efficiency module: Allowing them to keep track of their gas. * Reports: Where reports can automatically be sent or downloaded to a variety of drivers. * Team management. * 2-Way...

Words: 367 - Pages: 2

Free Essay

Setting Goals

...Education and information are a source of power to each and every human being who looks for a better educational and social future. For that reason, it is always important for any student to keep in his\ her mind the essential steps and concepts that will lead to a successful graduation. This essay will shed the light on three concepts that will help students to start and complete their studies, and they are: setting goals and listing tasks, assessments, and plagiarism. Starting with setting goals and listing tasks, it is known that having goals set up helps students to focus on their main work and organize their plans in accordance with the suitable time limits. Yet, goals will turn into dreams if students do not follow and accomplish them step by step. For example, if a student’s main goal is to get a master in any subject, he\ she should list the needed tasks and homework for each lesson and get them done. By doing this, he\ she will start to accomplish the small goals, like passing the courses’ tests, then moving to the other. Secondly, assessments of writing assignments tend to demonstrate the differences between what students produced and what the supervisor desired. It also approves for the students that they are in the right track accordingly with their goals. For example, after they finish the first lesson, they should ask themselves if they understand it or not and so if they can move to the second lesson or not. In short, doing the required assignment is a question...

Words: 408 - Pages: 2