On February 12, 2005, Nancy Trout and Delores Lake formed Kingfisher Corporation to sell fishing tackle. Pertinent information regarding Kingfisher is summarized as follows.

Kingfisher's business address is 1717 Main Street, Ely, MN 55731; its telephone number is (218) 555-2211; and its e-mail address is [email protected]. The employer identification number is 11-1111111, and the principal business activity code is 451110.

Nancy owns 50% of the common stock and is president of the company, and Delores owns 50% of the common stock and is vice president of the company. No other class of stock is authorized.

Both Nancy and Delores are full-time employees of Kingfisher. Nancy's Social Security number is 123-45-6789, and Delores's Social Security number is 987-65-4321.

Kingfisher is an accrual method, calendar year taxpayer. Inventories are determined using FIFO and the lower of cost or market method. Kingfisher uses the straight-line method of deprecation for book purposes and accelerated depreciation (MACRS) for tax purposes. During 2018, the corporation distributed cash dividends of $80,000.

Kingfisher Corporations depreciable assets with $240,000 original cost were purchased on September 15, 2015. These assets are classified as 5-YR MACRS. You will need to determine the correct 2018 tax depreciation expense on these assets and take this into consideration in your final solution on form 1120

Kingfisher's financial statements for 2018 are shown below.

*The depreciation expense for taxes is the sames as the depreciation expense per the books.

During 2018, Kingfisher made estimated tax payments of $27,000 each quarter to the IRS.

Determine Kingfisher's income tax liability for tax year 2018 providing the following information that would be reported on Form 1120 and supporting schedules.

Additional question: What should Kingfishers deferred federal tax asset or liability be as of December 31, 2018. Show calculation please

Part A On January 1, 2018, ABC Co. provides goods to a customer with the following payment plan: Date Amount Jan 1, 2018 $1,500 Jan 1, 2019 $1,000 Jan 1, 2020 $1,000 Jan 1, 2021 $1,000 Jan 1, 2022 $4,000 Total $8,500 The customer normally would be subject to 8% interest. Required: a) What is the product revenue that is recorded by ABC on the sale on January 1, 2018? b) What will be the interest revenue for 2018 for ABC as a result of this transaction? Show and label all calculations. State all factors. You may use your finance formulas or tables from the book only. Part B SMU Inc. sold product to a customer on December 31, 2018. The customer’s price was “$10,000 with no interest”. The customer only has to make annual payments of $2,000 per year for five years, starting December 31, 2019. The customer would normally be subject to 10% interest based on their risk level. The cost of the product sold was $7,000 to SMU. Required: a) Calculate the revenue SMU Inc. would record on the car sale in 2018. (Show your calculations.) **USE PV tables from the book only. State all factors. b) Calculate the gross profit on the product sale. c) Prepare all journal entries for 2018 and 2019 as a result of this arrangement. d) What is the value of the outstanding note receivable from the customer after the first payment on December 31, 2019?

Explain the difference between a confidence interval and credible interval?

what does a 16S rDNA sequence of an organism look like? This sounds like a dumb question but I do not understand what this is. How many base pairs?

What is the 16S rDNA sequence of Streptomyces aureofaciens? I have to find it and paste it in an assignment but I do not know how to find it or where to look. Please help.

Prepare a 700- to 1,050-word paper defining logistics and discuss how logistics influences the supply chain. Define logistics and discuss the increased importance of logistics on satisfying customer requirements for a product or service. Identify and describe the managerial issues that influence logistics and directly impact the supply chain. Drawing on personal experience, provide an example of a logistics managerial issue which lead to customer dissatisfaction, and one example where logistics plays a crucial role in customer satisfaction.

Cyber Security Control Frameworks are created to provide guidance in developing security policies and procedures. State the control frameworks and give two examples of how this control is applicable in developing security policies and procedures?

Discuss at least two business risks that your organization face as COVID-19 crisis continues. What measures your organization adopt or what mitigating activities you can recommend to lessen its impact?

A red car and a blue car are driving in the same direction on the interstate. The red car is travelling at 25 m/s, while the blue car is travelling at 35 m/s. The driver of the blue car is not paying attention and rear-ends the red car. The red car has a mass of 2,000 kg while the blue car is only 1,000 kg.

A Prior to the collision, what is the value of the center of mass kinetic energy?

B. In order for this collision to be isolated, what is the maximum amount of energy that can be converted to other forms during the collision? What percentage of the initial kinetic energy does this represent?

C. If the system loses 40% of its kinetic energy in the collision, is the system isolated? Why or why not?

D. Prior to the collision, how fast and in what direction would you need to be travelling in order for the system to appear to have zero momentum?

E. Regardless of your answer to part (c), assume now that the two vehicles form an isolated system. If they cars stick together, how fast will they be moving?

F. What minimum amount of kinetic energy must be conserved in order to conserve the momentum of the system?

Music Teachers, Inc., is an educational association for music teachers that has 19,900 members. The association operates from a central headquarters but has local membership chapters throughout the United States. Monthly meetings are held by the local chapters to discuss recent developments on topics of interest to music teachers. The association’s journal, Teachers’ Forum, is issued monthly with features about recent developments in the field. The association publishes books and reports and also sponsors professional courses that qualify for continuing professional education credit. The association’s statement of revenues and expenses for the current year is presented below.

      The board of directors of Music Teachers, Inc., has requested that a segmented income statement be prepared showing the contribution of each segment to the association. The association has four segments: Membership Division, Magazine Subscriptions Division, Books and Reports Division, and Continuing Education Division. Mike Doyle has been assigned responsibility for preparing the segmented income statement, and he has gathered the following data prior to its preparation.

a. Membership dues are $100 per year, of which $20 is considered to cover a one-year subscription to the association’s journal. Other benefits include membership in the association and chapter affiliation. The portion of the dues covering the magazine subscription ($20) should be assigned to the Magazine Subscription Division

b. One-year subscriptions to Teachers’ Forum were sold to nonmembers and libraries at $30 per subscription. A total of 3,300 of these subscriptions were sold last year. In addition to subscriptions, the magazine generated $111,000 in advertising revenues. The costs per magazine subscription were $9 for printing and paper and $4 for postage and shipping.

c. A total of 28,100 technical reports and professional texts were sold by the Books and Reports Division at an average unit selling price of $25. Average costs per publication were $4 for printing and paper and $2 for postage and shipping.

d. The association offers a variety of continuing education courses to both members and nonmembers. The one-day courses had a tuition cost of $75 each and were attended by 2,500 students. A total of 1,880 students took two-day courses at a tuition cost of $125 for each student. Outside instructors were paid to teach some courses.

e. Assume that the Occupancy cost could be avoided by eliminating a division. Salary costs and space occupied by division follow:

       Personnel costs are 25% of salaries in the separate divisions as well as for the corporate staff. The $288,000 in occupancy costs includes $56,000 in rental cost for a warehouse used by the Books and Reports Division for storage purposes.

f. Printing and paper costs other than for magazine subscriptions and for books and reports relate to the Continuing Education Division.

g. General and administrative expenses include costs relating to overall administration of the association as a whole. The company’s corporate staff does some mailing of materials for general administrative purposes.

       The expenses that can be traced or assigned to the corporate staff, as well as any other expenses that are not traceable to the segments, will be treated as common costs. It is not necessary to distinguish between variable and fixed costs.

Required:  

1. Prepare a contribution format segmented income statement for Music Teachers, Inc. This statement should show the segment margin for each division as well as results for the association as a whole.

References

eBook & Resources

Using Visual Studio, C# Programming

Lecture: Objects, Inheritance and abstract classes, member init list, shape, circle and cylinder.

Complete Exercises 4 and 5 (100pts)

4. Person and customer classes

Design a class named Person with properties for holding a person's name, address, and telephone number. Next, design a class named Customer, which is derived form the Person class. The Customer class should have a property for a customer number and a Boolean property indicating whether the customer wishes to be on a mailing list, Demonstrate an object of the Customer class in a simple application.

5. PreferredCustomer Class

A retail store has a preferred customer plan where customers can earn discounts on all their purchases. The amount of a customers discount is determined by the amount of the customers cummulative purchases in the store as follows:

- When a preferred customer spends $500, he or she gets a 5 percent discount on all future purchases.

- When a preferred customer spends $1,000, he or she gets a 6 percent discount on all future purchases.

- When a preferred customer spends $1,500, he or she gets a 7 percent discount on all future purchases.

- When a preferred customer spends $2,000, he or she gets a 10 percent discount on all future purchases.

Design a class named PreferredCustomer, which is derived from the Customer class you created in Exercise 4. The PreferredCustomer class should have properties for the amount of the customer's purchases and the customer's discount level. Demonstrate the class in a simple application.

Complete below for 100pts extra credit

• Use overloaded constructors and member initialization list
• Person will be an abstract class with a virtual function called CalcDiscount
• Override the discount method for a normal customer and for a preferred customer
  • A normal customer gets a 0% discount review #5 for a preferred customer
• Create one array of the defined Person object where you instantiate Customers and Preferred Customers in the array
• Implement and test your override of the discount method
• Remember your array must be of the Person type

Person[] people=new Person[2];

people[0]=new Customer(arguments here);

people[1]=new Preferredcustomer(arguments here);

people[0].calcdiscount();

people[1].calcdiscount();

I am working on a currency exchanging vending machine. I got it to work until the currency exchange section but the money won't be put into userAmount for the final section and it just repeat the currency exchange section.

Here is my code:

#include <cctype>
#include <iostream>
#include <cstring>
#include <cstdio>
#include <iomanip>

using namespace std;

double convert(double currency, double conversionRate)
{
   return currency * conversionRate;
}

int menu() {
   char choice;
   int price;
   cout << "Welcome to the snack vending machine" << endl;
   cout << endl;
   cout << "Available snacks to select from:" << endl;
   cout << "\t L - Lays Chips \t $2" << endl;
   cout << "\t S - Snickers \t $5" << endl;
   cout << "\t P - PopTart \t \t $3" << endl;
   cout << "\t C - Cookies \t \t $5" << endl;
   cout << "\t B - Browine \t \t $2" << endl;
   cout << "\t N - Nuts \t \t $5" << endl;
   while (1) {
       cout << "Please enter the letter labeling your snack selection: ";
       cin >> choice;
       choice = toupper(choice);
       if (choice == 'L') {
           price = 2;
           break;
       }
       else if (choice == 'S') {
           price = 5;
           break;
       }
       else if (choice == 'P') {
           price = 3;
           break;
       }
       else if (choice == 'C') {
           price = 5;
           break;
       }
       else if (choice == 'B') {
           price = 2;
           break;
       }
       else if (choice == 'N') {
           price = 5;
           break;
       }
       else
           cout << "Invalid selection!" << endl << endl;
   }
   return price;
}

int acceptMoney(int price) {
   int userAmount = 0;
   int choice;
   double currency1, currency2;
   do
   {
       cout << " CURRENCY CONVERSION" << endl << endl;
       cout << "1. Euros to Dollars" << endl;
       cout << "2. Peso to Dollars" << endl;
       cout << "3. Pounds to Dollars" << endl;
       cout << "4. Exit" << endl << endl;
       cout << "Select your choice: ";
       cin >> choice;
       while (choice < 0 || choice > 4)
       {
           cout << "Enter a valid option: ";
           cin >> choice;
       }
       cout << endl;
       switch (choice)
       {
       case 1: cout << "Enter amount in Euros: ";
           cin >> currency1;
           currency2 = convert(currency1, 1.11);
           cout << "Amount in Dollars: " << currency2;
           userAmount += currency2;
           break;

       case 2: cout << "Enter amount in Peso: ";
           cin >> currency1;
           currency2 = convert(currency1, 0.052);
           cout << "Amount in Dollars: " << currency2;
           userAmount += currency2;
           break;

       case 3: cout << "Enter amount in Pounds: ";
           cin >> currency1;
           currency2 = convert(currency1, 1.31);
           cout << "Amount in Dollars: " << currency2;
           userAmount += currency2;
           break;

       case 4: break;
       }
       cout << endl << endl;
   } while (choice != 4);
   return price;
}

int computeChange(int totalPaid, int totalPrice) {
   return totalPaid - totalPrice;
}

int main()
{
   int totalPrice, totalPaid, change;
   char choice;
   while (1) {
       totalPrice = menu();
       totalPaid = acceptMoney(totalPrice);
       change = computeChange(totalPaid, totalPrice);
       cout << endl;
       cout << "Your total inserted: " << totalPaid << " Dollars" << endl;
       cout << "Dispensing change: " << change << " Dollars" << endl;
       cout << endl;
       cout << "Would you want to make another purchase? (Y/N): ";
       cin >> choice;
       cout << endl;
       choice = toupper(choice);
       if (choice == 'N') {
           cout << "Thank you!!!" << endl;
           break;
       }
       cout << endl;
   }
   return 0;
}

Using any popular job search website (Indeed, Linked In, etc.) find a job or internship listing for management or supply chain that you would like to apply for (if it says you need a college degree that’s okay). Look over the job description and visit the website of the company for some background. Once you familiarize yourself with the company and the job, answer the following questions:

1. Tell me about yourself.
2. Why do you feel you would be a good fit for this job?
3. Why did you choose to apply to this job?
4. What is one accomplishment in your life that you are proud of?
5. What is your biggest strength and greatest weakness?
6. Describe your dream job.
7. What is the toughest decision you had to make over the last 6 months? How did you go about making the decision?
8. Why should I choose you over all of the other candidates for this job?

How do you gain and maintain the trust and confidence of colleagues and external contacts through professional conduct? Please also explain what not to do such as behaviours that destroy trust.

Using a 685 nm wavelength laser, you form the diffraction pattern of a 0.119 mm wide slit on a screen. You measure on the screen that the 11th dark fringe is 9.47 cm away from the center of the central maximum. How far is the screen located from the slit?

You are considering an investment in either individual stocks or a portfolio of stocks. The two stocks you are researching, Stock A and Stock B, have the following historical returns:

1. Calculate the average rate of return for each stock during the 5-year period. Do not round intermediate calculations. Round your answers to two decimal places.

   Stock A:   %

   Stock B:   %

2. Suppose you had held a portfolio consisting of 50% of Stock A and 50% of Stock B. What would have been the realized rate of return on the portfolio in each year? What would have been the average return on the portfolio during this period? Do not round intermediate calculations. Round your answers to two decimal places. Negative values, if any, should be indicated by a minus sign.

   Year	Portfolio
   2014	%
   2015	%
   2016	%
   2017	%
   2018	%
   Average return	%

3. Calculate the standard deviation of returns for each stock and for the portfolio. Do not round intermediate calculations. Round your answers to two decimal places.

   			Portfolio
   Std. Dev.	%	%	%

4. Suppose you are a risk-averse investor. Assuming Stocks A and B are your only choices, would you prefer to hold Stock A, Stock B, or the portfolio? Why?

   A risk-averse investor should choose -Select-Stock AStock BPortfolioItem 12 , since it offers -Select-lesshigherthe sameItem 13 expected return with -Select-lesshigherthe sameItem 14 risk.