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Research and Evaluate – WELLS FARGO/WACHOVIA As a result of the financial crisis that rippled through the U.S. economy in 2008/2009, bank failure rates soared. The FDIC was able to identify many of the troubled banks, seize them and transfer their assets to healthy institutions successfully. However, the crisis did create a climate in which […]

Case Study – Merlin Needs a Magician Directions:   Read the following case study: Merlin Metalworks Think about the facts of the case and answer the following questions:For each of the four situations noted, what organizational concepts apply? Identify the concept, explain the related problem, and identify how it influenced decisions in this case.As an […]

Start Access, and then open the BuySell database.. Extract the file, and save it to your desktop. Follow the steps below to design the macros and the switchboard form.Click on the Create tab, and then create 3 different macros. The actions are listed below:Create a macro and save it as “Basic.” Program the macro to […]

D a ta & Forms P 0 9-01 EXAMPLE Problem 9-1: Allowan c e Write-O f f Method of Accounting for Bad Debts Given Data P09-01 1. Journalize transactions a through f in the general journal below. Every journal entry has a debit account title, a debit amount, a credit account title, and a credit […]

Complete the requirements for each of the following independent cases: Case A. Dr Pepper Snapple Group, Inc., is a leading integrated brand owner, bottler, and distributor of nonalcoholic beverages in the United States, Canada, and Mexico. Key brands include Dr. Pepper, Snapple, 7-UP, Mott’s juices, A&W root beer, Canada Dry ginger ale, Schweppes ginger ale, […]

P8-10 Computing Amortization, Book Value, and Asset Impairment Related to Different Intangible Assets LO3, 4, 6 Starn Tool Company has five different intangible assets to be accounted for and reported on the financial statements. The management is concerned about the amortization of the cost of each of these intangibles. Facts about each intangible follow: a.Patent. The company […]

P8-9 Computing Goodwill from the Purchase of a Business and Related Depreciation and Amortization LO3, 6 [The following information applies to the questions displayed below.]  The notes to a recent annual report from Weebok Corporation included the following:     Business Acquisitions   During the current year, the Company acquired the assets of Sport Shoes, Inc. . […]

E8-7 Computing Depreciation under Alternative Methods LO3 Purity Ice Cream Company bought a new ice cream maker at the beginning of the year at a cost of $28,000. The estimated useful life was four years, and the residual value was $2,560. Assume that the estimated productive life of the machine was 10,600 hours. Actual annual […]

2012-11-19_09-01-39 E8-1 Preparing a Classified Balance Sheet LO1 The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:        Buildings and improvements$ 190 Goodwill$   478     Prepaid expenses and other current assets175 Machinery and equipment417 […]

This is the situation You’ve been hired by the local Lottery Agency to create a program that automatically picks one set of six random numbers. The first five numbers must be unique whole numbers (no duplicates), and each of them must be greater than 0 and less than 51. The sixth number can be any […]