For the Week 6 Critical Thinking Exercise, you will read the following paragraph and answer...

70.2K

Verified Solution

Question

Accounting

image
image
image
image
image
image
For the Week 6 Critical Thinking Exercise, you will read the following paragraph and answer the corresponding questions. Bonnie's Family is a non-profit organization which assists families with low-income, special needs children, or are victims of domestic violence. They have a 30 year mortgage with a 5% interest rate which requires a payment of $3,000 per month. In preparing the financial statements for the board, you list the mortgage balance of $287,000 as a current liability based on the board hoping to pay it off within the next year. If Bonnie's pays according to the mortgage agreement, only $20,000 will be paid in the next year. The board asks an independent CPA to advise how to report the mortgage on the balance sheet. 1. Explain how to account for the mortgage payment based on U.S. GAAP, assuming the board feels they will pay the entire balance in the next year. 2. Provide supporting information to the accounting for the mortgage on the balance sheet for your response to requirement 1. 1 of 9 A Can of Bull? ergy Drinks Really Provide a Source of Energy? Gerald hartly BSchool See M ore Objectives Describe and categorie chemically the components of a p pare Demine the physiological mole of these come s in the human body Explain scientifically how the marketing claims for these drinks an d lol . Demine under what is cachoch dik t heme The Case her pending oval years working the Sports Desk of the Lo r d handelde the bof her dreams as a writer for maine. The b and Schwald haled in CH , Rhonda had been ace r c h er for her For her lastigament, the hand on the Land South Dak w a Asif reading her mind, her bow Charley walked in judhen with an ex h anda several other energy drinks in the other "Wewbeen gesing a lot of inquiries about the different energy drinks on the marketining XS Do you know anything out them! Charly asked "I know that people them for w h en he topvideome fuel as they practice and compete. Other people use them mor e Energie Thabout all know." "That sms to be about all any of know."Charley said "For your neigment. Charley continued. "I want to find out what h e drinks is and what does for a reforma de dine what each compan y does for the body what the markwa The the marketing claims of some others and the fact the M o d e ning the drinks with some nel mio that they're the o n e information we got the marketing dam i ng the consumers and a short list of questions that should you when you can heb all your information. Lesping in mind tha t the " Hedemam FD Galleries For compare Grr12 Marketing Claims Nor, Rhonda perused the marketing claims for each drink The Red Bull energy drink is a functional product developed especially for periods of increased mental and physical action . It can be drunk is vir my o p ort, work driving and Normance called me oficed e s concertion and action speed There is less than the cl i nXS Cash for which is a simple Carbon Most 12- diet drinks a 10 ces from Moss- drink have calories from sout Cleries fo r and carbohydrates may increase for deposits Sample carbohydrates called demic food. Hichemic foods cause your body se pumpsuin to do the w hich w a s your body to calorias Lewmic foi de ne pump w the same degree and in your body a mba y o hay fat cas fud Many experts fear that the spidem i dence of diabetes in North America today maybe significantly red by high demic dins. The colors i XS C a se from amino acids and in calories that and your body natural metabolic proces XS Curs es a proprietary Hand of Sca, Awamem Ark, and fruit en so ghe che di aver without or empty calories. In fact, the calories in the drink from the game amino acids, which are prin calories. This maximum energy supplement delivers an energy boost with a natural passion fruit over glycarbonated with a dean smooth feel This maximum energy supplement is fortified with a unique blend o l energising cements Inchading d-ribose. l-carnitine and taurin, It's pure, concentrated energy in an 8.1-fluid once can Elevate Your formance Impulse Energy Drink contains special supplements to immediately enhance mental and physical ciciency and give you the energy boost you dee... replenishing your strength Imple is een from a simple retrients, minerals and vitamins that ally in the body and food we e njoy the wake up of the winding s of the life you get from vamins and B12. Combined with Impul h er ingredients there are known to incremefocus and physical wellbeing chance performance w e re metabol AC Milan Charley's List of Questions handed that before he could sing the engine eded to know the We w e r e where she Wher is big fang! After s ingle chat he had a good detin dhe turned to the first of questions en Charles What is m o fching on the came What is the physic o ch in the human body 3. Which ingredients wide cherg Which ingredients c ibute to body repair in which help build build muscle time! Rhonda was de wide chach the wing labeling of the drinks are XS bahat it had no clou d ed that made absolutely no sense don what Rhondaknew about belogical energ! The first thing she needed to do was set out the ingredients on the label that comes an undertake. 5. Nutrition Facts chiali HCL 5cm e . N Himin Clic acid, camin ow p henic acid amin C 100% C ompare cubed we high fruce.com under school vi 12 10 380 Nu Biochemical Information . C CHINOS CRNO CCHNO with www. indding in the adminum G A CHO . We de la peecee for the citric aciddle bydel, which is a m o d e G lam wir with a wa chaway within a few hours w w w he was a shown things off her b l CA CHO C amin ChCHON OF CHNO CHO ATE Athen e ule in the body Current ChCHO Www Smedegar 1-Gamis CCHNO W Amina Wur d e in de bulong and C W CHIO h at is a member of Vamples Nici ChCHNO - ChCHNO CHON and the whold . Nume W owfuli Pyridsin HCL CHNO Wur S he form of Vitamin B-6 Wurde Epifcmbolic functioning in die mining buyumlari The Bod y the Your Task Research each ingredient found in these energy drinks. This information can be found in biochemistry and nutrition textbooks. Web sources may provide valuable information, but be critical in their use. Many will make substantiated claims. One that can get you started for basic information is http//www.chemindustry.com. Basic information can also be garnered from http://www.usda.gov/wps/portal/usdahome-click on the "Food and Nutrition link Determine the chemical structure, the type of chemical cachis, and the physiological role played by each compound. You should have sufficient information to answer Charley's list of questions as well as the additional questions listed below. Fill out the table and answer the questions. Please cite any websites that you used in your analysis. Post Research Analysis Using the information that your group gathered, place cach of the ingredients for your drink under the proper heading in the table below. Sources of Energy Amino Acids Stimulants and Vitamins Other please categorize "A Can of Heidemann & Unhar

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students