Panama shirt designs is a defendant in litigation involving an employee accident in its manufacturing plant.

for each of the following scenarios, determine the appropriate way to report the situation and record any necessary entry.

- the likelihood of a loss occurring is probable and the estimated loss is $650,000. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.
- the likelihood of a loss occurring is probable and the loss is estimated to be in the range of $600,000 to $900,000. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
- the likelihood of a loss occurring is reasonably possible and the estimated loss is $650,000.
the likelihood of a loss occurring is remote, while the estimated potential loss is $650,000

Walter wants to deposit $1,500 into a certificate of deposit at the end of each ofthe next 6 years. the deposits will earn 5 percent compound annual interest. ifwalter follows through with his plan, approximately how much will be in his accountimmediately after the sixth deposit is made?

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

How do communism and socialism differ in terms of the role that government plays in the economy ?