Prepare a consolidation workpaper for Pop and Subsidiary for the year ended December 31, 2016
PopCorporation acquired a 90 percent interest in Son Corporation's outstanding votingcommon stock on January 1, 2016, for $630,000 cash. The stockholders' equity of Son on this date consisted of $500,000 capital stock and $200,000 retained earnings. Thefinancial statements of Pop and Son at and for the year ended December 31, 2016, are summarized as follows(in thousands): During 2016, Pop made inventory sales of $50,000 to Son at a gross profit of $15,000. One-third of these sales were inventoried by Son at year-end. Son owed Pop $10,000 on open account at December 31, 2016. Son sold land that cost $20,000 to Pop for $30,000 on July 1, 2016. Pop still owns the land. On January 1, 2016, Pop sold equipment with a book value of $20,000 and a remaining….
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Determine the deferred tax liability and/or deferred tax asset that will result.
Jaguar Ltd purchased a machine on 1 July 2016 at the cost of $640,000. The machine is expected to have a useful life of 5 years (straight-line basis) and no residual value. For taxation purposes, the ATO allows the company to depreciate the asset over 4 years. The profit before tax for the company for the year ending 30 June 2017 is $600,000. To calculate this profit the company has deducted $60,000 entertainment expense, and $80,000 salary expense that has not yet been paid. Also the company has included $70,000 interest as income that the company has not yet received. The tax rate is 30%. Required: (a) Calculate the company's taxable profit and hence its tax payable for 2017. (2 marks) (b) Determine the deferred tax liability and/or….
Did the modified or the unmodified mice learn the location of the platform faster in the first test?
The FOXP2 gene encodes a transcription factor associated with vocal learning in mice, bats, birds, and humans. In humans, loss-ofDigging Into Data Enhanced Spatial Learning Ability in Mice with an Autism Mutation Autism is a neurobiological disorder with a range of symptoms that include impaired social interactions and stereotyped patterns of behavior such as hand-flapping or rocking. A relatively high proportion of autistic people—around 10 percent—have an extraordinary skill or talent such as greatly enhanced memory. Mutations in neuroligin 3, an adhesion protein (Section 3.3) that connects brain cells to one another, have been associated with autism. One mutation changes amino acid 451 from arginine to cysteine. Mouse and human neuroligin 3 are very similar. In 2007, Katsuhiko Tabuchi and his colleagues genetically modified mice to carry the….
What properties would you look at to make this decision?
Craig Venter has produced what he calls a "synthetic cell." He inserted a laboratory-made copy of the genetic material from one bacterial species (Mycoplasma mycoides) into a cell of a related species (Mycoplasma capricolum). The introduced genome took over and the recipient cell acted and replicated like natural M. mycoides. By altering the gene sequence inserted into a cell, this technique could be used to create organisms suited to specific tasks. Do you consider an organism created in this way to be a new life form? What properties would you look at to make this decision?
How might being tall give one plant species a competitive advantage over another?
Today, the tallest bryophytes reach a maximum height of 20 centimeters (8 inches) or so. So far as we know from fossils, there were no giants among their ancestors. Lignin and vascular tissue first evolved in relatives of club moss, and some extinct species stood 40 meters (130 feet) high. Among modern seed plants, Sequoia (a gymnosperm) and Eucalyptus (an angiosperm) can be more than 100 meters (330 feet) high. Explain why evolution of vascular tissues and lignin would have allowed such a dramatic increase in plant height. How might being tall give one plant species a competitive advantage over another?
What do they know that gives them an advantage over scientists living in 1798?
In 1798, a stuffed platypus specimen was delivered to the British Museum. At the time, many biologists were sure it was a fake, assembled by a clever taxidermist. Soft brown fur and beaverlike tail put the animal firmly in the mammalian camp. But a ducklike bill and webbed feet suggested an affinity with birds. Reports that the animal laid eggs only added to the confusion. We now know that platypuses burrow in riverbanks and forage for prey under water. Webbing on their feet can be retracted to reveal claws. The highly sensitive bill allows the animal to detect prey even with its eyes and ears tightly shut. To modern biologists, a platypus is clearly a mammal. Like other mammals, it has fur and the females produce milk. Young….
How would you describe these two life history patterns?
Each summer, the giant saguaro cacti in deserts of the American Southwest produce tens of thousands of tiny black seeds apiece. Most die, but a few land in a sheltered spot and sprout the following spring. The saguaro is a CAM plant (Section 5.5) and it grows very slowly. After 15 years, a saguaro may be only knee high, and it will not flower until it is about age 30. The cactus may survive to age 200. Saguaros share their desert habitat with annuals such as poppies, which sprout just after the seasonal rains, produce seeds, and die in just a few weeks. How would you describe these two life history patterns? How could such different life histories both be adaptive in this environment?
Write a journalresponse discussing your thoughts on this week's course material.
This is an opportunity to process and apply both new and familiar concepts. Write a journalresponse discussing your thoughts on this week's course material. Be sure to address the assigned video clips and readings. Did you strongly agree or disagree with any particular concepts or ideas? Did you find any aspects surprising? Were there any concepts that you plan to apply or implement to your life? Feel free to include any other thoughts or responses. Your journal response should be sufficient in length to fully address the question, double spaced, written at the college level, adhere to APA guidelines, and include a reference list. Any sources used must be cited properly using in-text citations and referenced at the end of the paper." ( peer review, safe guard, no….
provide the audience of the presentation with an introduction to the chosen topic, through a series of synthetic slides and accompanying discussion.
Choose one topic, either of your own interest[1], or it could be from the following list:
Cyber Security Wearable IT Natural Language Processing Artificial Intelligence Data Mining Software Engineering Virtual or Augmented Reality Games Development
The intention is to provide the audience of the presentation with an introduction to the chosen topic, through a series of synthetic slides and accompanying discussion. The slides will only contain a few bullet-points and images, and will be a summary of what is being spoken, and so the voice-over by the presenter will convey the larger information.
Show your understanding of the institutionalisation of business ethics (start with Topic 4)
Your report will consist of three entries and one entry as a summary of learnings,a total of four reflections (500 words each). Each entry will relate to a different topic or task, namely:
§Topic 9 Managing and Controlling Ethics Programs
§Topic 10 Globalisation of Ethical Decision Making
§Topic 11 Ethical Leadership
§Professional Identityself-reflection
Write a draft after each class, so that your reflection will be effective and relevant, related to the Topic just completed.
Topic Reflections (for three topics)
Each Reflective Report Entry for the Topic must be clearly organised under three headings below and should include the following contents and address the following questions:
1, Learning
What have I learnt (i.e., what was new/different for me)? Reflective analysis on learning from online sessions….