Assignment Question(s):(10 Marks)

Q1–

On your own words, describe the methods that companies can implement to depreciate plant assets. (3 Marks).

Q2-

On July 31,2021, a company declared a cash dividend of SR0.25 per common share to the shareholders of record on August 15. The cash dividend will be paid on August 25. This company has 500,000 shares authorized and 100,000 shares outstanding. Prepare the journal entries required on July 31, August 15 and August 25 (3 Marks).

Q3-

On June 1, 2021, ABC Company signed a SR25,000, 120-day, 6% note payable to cover its past due account payable.
a. What is the total amount of interest to be paid on this note?
b. Prepare ABC Company’s general journal entry to record the issuance of the note payable
c. Prepare ABC Company’s general journal entry to record the payment of the note on
September 29, 2021 (3 marks).

Q4-

On your own words, describe the differences between current and long-term liabilities. Provide an example of each type. (1 Mark).

I’m working on a business law question and need guidance to help me learn.

California passes regulations that address pesticides.  These regulations are much stricter on the use and production of pesticides than the federal regulations.  Is this permissible under current law?  What if California’s regulations are much less strict than the federal regulations?

Deceitful Dad promises to take Sammy Son to the store to purchase a video game over the weekend.  Deceitful Dad has promised to do this multiple times, and never follows through.  Sammy Son has had enough and writes a contact between Deceitful Dad and Sammy Son.  Both parties sign the agreement and it is notarized.  Deceitful Dad, despite the contract, fails to follow through once again.  Can Sammy Son seek damages under the contract?  Why or why not?  Would the result be different if Sammy Son paid Deceitful Dad $15.00 to take him to the store?

Discuss the required elements of a valid contract analyzing when an agreement rises to the level of a legally enforceable contract and when it does not.

As future business professionals, it is almost certain that you will enter into contracts that the other party will unfortunately breach or attempt to breach. Indeed, this comes up so often in business that on an almost daily basis you can find articles and stories about lawsuits involving prominent individuals or large companies, in which one side is suing the other for breach of contract, or to get out of a contract.

For this discussion assignment, find an article dealing with a contract dispute from the last six weeks. Share the link to the article and a 2-3 paragraph summary in which you make sure you mention: who are the plaintiff and defendant, what was each side supposed to do under the contract, what is being alleged about one party’s wrong conduct in the lawsuit, and what additional information about the case you think you would need to know to predict who should win. Make sure you include a link to the article so that your classmates can read it as well.

I’m working on a management writing question and need support to help me learn.

Have you ever used Uber?

1. Compare your experience using Uber with traditional taxi, Lyft, or other transportation options.  
2. Describe Uber’s corporate governance structure.
3. What ethical dilemmas has Uber faced?
4. Which stakeholders are relevant to these dilemmas?
5. What consequences could these stakeholders face?
6. How would you recommend that Uber address these ethical to public image issue?
7. How does gamification retain & incentivize drivers?
8. What are your thoughts about Greyball?
9. What are your thoughts on the “de Blasio” tab allowed customers to see the potential impact of a driver cap, and to contact officials with a form letter?
10. Why did Lyft partner with DiDi Chuxing and GM?
11. Why did Uber China merge with DIDI Chuxing?
12. Is it ethical to hire(poach) competitors’ employees through sign bonuses, higher salaries, and better working conditions?
13. What are some ethical ways to hire top employees of other companies? When is this okay?
14. How has board oversight helped or hurt Uber’s image?
15. If you were Arinna Huffington (or any other board member), what recommendations would you make to Uber Executives?

You just landed a management position with a CPA firm! You are reviewing a tax return for a returninghigh net worth client and you have discovered an error. This is a high-profile client for the firm that hasprovided many referrals.The firm you work for provides bookkeeping and tax preparation services to this client. You havediscovered that the bookkeeper has been reporting the unrealized gain/loss to the income statement whenreconciling the investment account. To further compound the problem, the tax preparer and priormanager have been reporting the unrealized gain/loss activity as an adjustment to revenue on the TaxReturn. Also, the error goes back 5 years, when the firm started working on the account (yes, theaccounting and tax return were correctly prepared by the prior accountant). The amount of revenuerecognized from unrealized gain/loss averaged $175,000 annually over the last 5 years.This client’s preferred mode of communication is through e-mail. Draft an email in a letter form to the clientexplaining the error and the consequences. (Don’t forget about the statute of limitations for amendedreturns!) Write only one page.