8-Business-Law-Questions-Why-is-it-important-to-read-the-warranty-and-know-if-you-are-getting-a-Limited-Warranty-or-a-Full-Warranty-business-and-finance-homework-help – Custom Nursing Help
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Read the case titled, “Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-Day v. Amos
483 U.S. 327 (1987)” listed on p. 528 of your textbook and answer question 2 of p. 529 (question: As a church employer in
your religion, what reason would you give for requiring that the building engineer be of the same religion?)
A well thought out and written response to this question can be accomplished in 300 – 500 words (1 or 2 pages, double
spaced). If you use published material in your response you should cite the source per the APA style guidelines (see your
online library for APA Guidelines).
To submit your completed Case Study upload your assignment using the link provided in Unit VIII. Do not e-mail your
paper directly to your professor. By uploading your assignment using Blackboard, your university record will
automatically be updated to indicate you have submitted your paper and it will be provided to your professor for grading.
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The ecological footprint is a tool for helping us to visualize the impacts we make on the environment. For a brief overview of the concept, please watch this one-minute video The Ecological Footprint Explained (Links to an external site.)prior to beginning work on this discussion.
In this weekâ€
s class discussion, you will have the opportunity to learn more about how connected you are to the ecosystems and biosphere that you inhabit. Everyday choices can impact our environment; through those choices, we can either add to our environmental impact, or reduce it.
In a course-long project beginning this week, you will take on the challenge of lessening your impacts on the environment, through reducing the size of your ecological footprint. Specifically, you will identify possible lifestyle changes that would reduce the amount of resources you use and/or the amount of carbon dioxide emissions that you produce. In a course-long experiment, you will determine whether or not it is possible to make a measurable difference in your environmental impact through a few simple actions in your daily life. The first step, of course, is to determine your ecological footprint right now. To do that, you will calculate three footprints: an overall ecological footprint that takes most of our daily behaviors into consideration; a carbon footprint that focuses on our daily carbon emissions that are contributing to global climate change; and a water footprint that assesses daily water use.
Part A: Ecological Footprint
Use the footprint tool from the web page What Is Your Ecological Footprint? (Links to an external site.) to calculate your ecological footprint. At every opportunity, please select the “add details to improve accuracy†option. At the end of the footprint activity, make a note of how many earths would be required if everyone lived like you. Then click on “see details†to obtain the following information:
Part B: Household Carbon Emissions Footprint
Next, use the Carbon Footprint Calculator (Links to an external site.) to calculate your household carbon emissions footprint. After answering all the questions:
Part C: Water Footprint
Finally, use Water Footprint Calculator (Links to an external site.) to calculate your daily water footprint. After answering all the questions:
Discussion Post Requirements
Your discussion should include all the information you gathered about your consumption habits from your three footprint calculations, including all numbers with units.
Then, in a well-crafted post of at least 200 additional words, examine the numerical results of your three footprint calculations by answering the following questions:
recommendations. You will be recording your final choices for lifestyle changes in your Journal at the end of the week.)
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1. In a perpetual inventory system: a. Merchandise Inventory is debited every time inventory is purchased b. cost of Goods Sold is debited every time inventory is sold c. a physical inventory is taken at least annually d. All of the above. 2. Under the perpetual inventory system, the purchase of merchandise is recorded by a debit to: a. Merchandise Inventory; credit to Accounts Payable or Cash b. Cost of Goods Sold; credit to Accounts Payable c. Purchases; credit to Accounts Payable d. Accounts Payable; credit to Purchases 3. Individual inventory items are tracked in the: a. accounts receivable ledger b. inventory ledger c. accounts payable ledger d. purchases journal 4. Which of the following goods should Pin Department Store include in its December 31 count? a. goods held on consignment from ABC Wholesale b. goods sold and shipped to Gray Brothers, in-transit F.O.B shipping point c. goods that have been consigned to Dalton Brothers d. goods in transit purchased F.O.B. destination point 5. St. Paul Corporation has a normal gross profit of 45%. The current year’s beginning inventory was $2,500, purchases were $9,000, and retail sales were $15,000. The estimated ending inventory under the gross profit method is: a. $4,750 b. $3,250 c. $8,220 d. $4,050 6. An overstatement of ending inventory in one period results in: a. an overstatement of net income for the next period b. no effect on net income for the next period c. an overstatement of the ending inventory for the next period d. an understatement of net income for the next period Unit 4 Examination 160 BAM 110 Introduction to Accounting 7. The full disclosure principle says that if a change is made: a. the company should disclose the change b. the effects of the change on profit and inventory valuation should be disclosed c. the company should show justification for the change in a footnote on the financial reports d. All of the above. 8. Costs and assessments that should be charged to the land account include: a. streets b. parks c. flood prevention d. All of the above. 9. Which of the following assets would not be classified as property, plant, and equipment? a. delivery truck b. copyright c. land d. furniture 10. The amount to include in the entry to record the cost of a property, plant, and equipment asset would include: a. acquisition cost b. freight c. installation d. All of the above. 11. The depreciation method that does not base the expense on the passage of time but on the level of use is: a. units-of-production b. straight-line c. modified accelerated cost recovery d. double-declining-balance 12. Which depreciation method does not deduct residual value when computing depreciation expense? a. units-of-production b. straight-line c. double-declining-balance d. a and b only Unit 4 Examination 161 BAM 110 Introduction to Accounting 13. What would be the depreciation expense in year 1, using units-of-production, for a molding machine that cost $18,000, had a useful life of 3 years, and an estimated total machine hours of 36,000? The salvage value is $3,000 and production in year 1 was 10,000 hours. a. $5,000 b. $4,167 c. $6,000 d. $2,167 14. The articles of incorporation are submitted by the incorporators to the: a. IRS for approval b. Office of the Secretary of State for approval c. Securities and Exchange Commission for approval d. Governor of the State for approval 15. Characteristics of a corporation include: a. stockholders having unlimited liability b. direct management by the stockholders c. stockholders having limited liability d. choosing a board of directors 16. The entry to record selling 150 shares of no-par common stock with a stated value of $30 for $40 would be to: a. debit Common Stock for $6,000; credit Cash for $6,000 b. debit Cash for $6,000; credit Common Stock for $6,000 c. debit Cash for $6,000; credit Common Stock for $4,500; credit Paid-In Capital in Excess of Stated Value-Common for $1,500 d. debit Cash for $6,000; credit Common Stock for $4,500; credit Paid-In Capital in Excess of Par Value-Common for $1,500 17. No entry was recorded for the exchange of stock for land. This error would cause: a. the period end stockholders’ equity to be understated b. the period end stockholders’ equity to be overstated c. the period’s net income to be understated d. a and c only 18. Sunrise Online issued 500 shares of its $10 common stock in exchange for equipment with a fair market value of $7,500. The entry to record the transaction would include a: a. debit to Equipment for $5,000 b. debit to Common Stock for $5,000 c. credit to Paid-in Capital in Excess of Par Value for $2,500 d. credit to Common Stock Subscribed for $5,000 Unit 4 Examination 162 BAM 110 Introduction to Accounting 19. Dolly’s Best issued 200 shares of its $10 common stock in exchange for used packaging equipment with a fair market value of $2,400. The entry to record the acquisition of the equipment would include a: a. debit to Equipment for $2,000 b. debit to Paid-in Capital in Excess of Par for $400 c. credit to Common Stock for $2,400 d. debit to Equipment for $2,400 20. A statement comparing data from two or more consecutive periods is called a: a. horizontal analysis b. comparative income statement c. common-size statement d. comparative balance sheet 21. In a comparative balance sheet, the ending Cash for 2012 was $315,000 and is $270,000 for 2013. The net increase or decrease from 2012 to 2013 is: a. 86.0% b. 14.3% c. 26.4% d. 16.7% 22. Liquidity ratios measure: a. how effectively a company is using its equity b. how effectively a company is using its liabilities c. a company’s ability to pay shareholders d. a company’s ability to pay off short-term debts 23. Debt management ratios measure: a. how effectively a company is using its cash b. how well a company is using debt versus equity position c. a company’s ability to earn profit d. a company’s ability to meet payable obligations 24. If the average collection period is 35 days, this means: a. from the date of purchase to the date of payment is 35 days b. from the date of sale to the date of receipt of payment is 35 days c. from the date of discount to the date of receipt of payment is 35 days d. None of the above. Unit 4 Examination 163 BAM 110 Introduction to Accounting 25. The inventory turnover ratio calculates: a. how many times the inventory turns over in one period b. number of times inventory is purchased in one period c. the dollar amount of change in inventory in one period d. None of the above.
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