Merck & Co.‚ Inc. and GlaxoSmithKline plc October 20‚ 2014 Concepts A. Common Stock i. Authorized – 5‚ 400‚000‚000 shares ii. Common stock issued – 2‚983‚508‚675 shares iii. In 2007‚ Merck issued 2‚983‚508‚675 shares (one cent par value) Total dollar value: 2‚983‚508‚675*0.01=29‚835‚086.75 iv. Common shares held in treasury – 811‚005‚791 v. Common shares outstanding – 2‚172‚502‚884 (shares issued – treasury shares) vi. December 31‚ 2007 market cap - $125‚157‚891‚147
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The article focuses on presidential candidate Donald Trump’s answer to a question about the military. He was asked what he would do about the “social engineering” that is permitting women and transgender people to serve in the military. Trump stated that he too believes the military has become too politically correct. He said he believes the answer is intelligence and not ignorance. He said he would listen strongly to his top military advisors. The first connection this has with the chapter is it
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Conservative force - Any force which conserves mechanical energy‚ as opposed to a nonconservative force. See statement of conservation of mechanical energy. Conservative System - A system in which energy is conserved. Energy - The ability to do work. Kinetic Energy - The energy of motion. Nonconservative Force - Any force which does not conserve mechanical energy‚ as opposed to a conservative force. Path independence - Property of conservative forces which states that the work done
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products if there would be a reduction in price by 30%. According to ASPE Section 3031‚ inventory must be measured at Lower of Cost and Net Realizable Value. Selling Price = $110‚000 (100K*1.1 markup on cost) NRV= 77‚000 (110-5K spoilage) Impairment= 33‚000 Therefore the following Journal Entry should be recorded- Dr. Loss on Write-Down of Inventory 33‚000- Cr. Organic Inventory 33‚000- If RGI will have no intention of reducing the prices as requested by its customers‚ then it is
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ECON CHAPTER 4 PRACTICE QUESTIONS Names____________________ 1. Melissa buys an iPod for $ 120 and gets consumer surplus of $ 80. a. What is her willingness to pay? b. If she had bought the iPod on sale for $ 90‚ what would her consumer surplus have been? c. If the price of an iPod were $ 250‚ what would her consumer surplus have been? 2. An early freeze in California sours the lemon. Explain what happens to consumer surplus in the market
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“On the Sidewalk Bleeding” Questions Answer these questions in full sentences. 1. How would you describe Andy at the beginning of the story? How have your impressions changed by the end? Provide evidence to support your answer. Andy is a 16 year old teenager‚ who is proud to be a Royal. In the story it states that: ’’Even in his pain‚ there had been some sort of pride in knowing he was a Royal” 2. a. Identify each person who comes into the alley who could help Andy. Explain why
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1. Question : A scientific hypothesis is Student Answer: CORRECT a tentative claim to be tested. INCORRECT a clever remark designed to confuse an audience. an appeal to radical skepticism. a valid argument. 2. Question : Descartes worried a great deal about the threat posed by which of the following? Student Answer: Christians CORRECT Skeptics Masons Jesuits 3. Question : Examining reasons and constructing
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Part 2 – Public Expenditure: Public Goods and Externalities Chapter 4 – Public Goods 1. a. Wilderness area is an impure public good – at some point‚ consumption becomes nonrival; it is‚ however‚ nonexcludable. b. Satellite television is nonrival in consumption‚ although it is excludable; therefore it is an impure public good. c. Medical school education is a private good. d. Television signals are nonrival in consumption and not excludable (when broadcast over the air). Therefore‚ they
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its U.S. operating plants. The cumulative effect of this change‚ which was applied retroactively to all assets previously subjected to accelerated depreciation‚ increased net income for 1984 by $11.0 million or $.93 per common and common equivalent share. The changes as defined in Note 2 are as follows: a) Harnischfeger computed depreciation expense on plants‚ machinery and equipment using the straight-line method for financial reporting purposes. Prior to 1984‚ the Corporation used principally
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ACCOUNTING Paper 2 Structured Questions 9706/02 May/June 2003 1 hour 30 minutes Candidates answer on the Question Paper. No Additional Materials are required. READ THESE INSTRUCTIONS FIRST Write your Centre number‚ candidate number and name on all the work you hand in. Write in dark blue or black pen in the spaces provided on the Question Paper. You may use a soft pencil for rough working. Do not use staples‚ paper clips‚ highlighters‚ glue or correction fluid. Answer all questions. At the end of the examination
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