Questions
Use the following information to answer Part (a) and (b) Charlie, a single taxpayer, has gross...

Use the following information to answer Part (a) and (b)

Charlie, a single taxpayer, has gross income of $115,000.

He has following expenses for 2019:

- Rent for his apartment: $14,400

- Advertising and maintenance expenses for a rental property he owns in the amount of $1,800.

- Moving expenses to change jobs (assume Tyler is not reimbursed for his expenses) :

- Cost to move furniture and home furnishings: $3,600

- House-hunting expenses: $800

- Tyler traveled 200 miles to his new residence in his personal vehicle.

- Groceries and utility expenses: $5,500

- Traditional IRA contributions: $2,500

- Alimony payments made to his ex-wife in the amount of $2,500. The divorce decree was executed on February 14, 2018.

- A property settlement paid to his ex-wife in the amount of $3,000.

Part (a)

What is Charlie's adjusted gross income (AGI) for 2019?

A. $107,700

B. $110,700

C. $108,200

D. $113,200

Part (b)

Which of the following expenses are non-deductible?

A. Rent

B. Moving Expenses

C. Groceries and Utilities

D. Property settlement

E. All of the above

6.2.6

6.2.6

In: Accounting

Calculating delivery charges in Python. Purchase total > $150 Yes Number of the items (N) N<=5...

Calculating delivery charges in Python.

Purchase total > $150

Yes

Number of the items (N)

N<=5

N>=6

Delivery day

Same Day

Next Day

Same Day

Next Day

Delivery charges ($)

8

N * 1.50

N * 2.50

N * 1.20

The user will enter the purchase total, the number of the items and delivery day for calculating the delivery cost. Once the cost has been calculated, the program should correctly display the delivery cost and total cost for the user.

For example, if a user enters “$200” as purchase total, “7” as the number of the items and “1” as delivery in the same day, the program should be able to display the delivery cost of “17.50" and the total cost of “$217.50” ($200 + $17.50 ) for the user.

This program must be built by using sequence programming (without using functions) in Pythoin

In: Computer Science

After reviewing the standards of performance, you find that the hotel has determined that the standard...

After reviewing the standards of performance, you find that the hotel has determined that the standard of performance for room cleanliness requires that 75% of customers respond “completely satisfied”. You decide that corrective action is needed in order to raise the customer satisfaction rating. You meet with your assistant managers, Katherine and Brian, to discuss the situation. They each offer a different suggestion on what you should do next. Brian thinks the housekeeping staff is doing a great job at cleaning the rooms. The problem, he thinks, is that customers have become too picky and expect a five star hotel at three star prices. He suggests that you lower the standards of performance to 70%. Katherine disagrees and thinks you should hold mandatory meetings in order to retrain the housekeeping staff. Even though customers are picky, the hotel should be able to rise up and meet the current standard of performance.

What should you do?

A)Agree with Katherine, and require mandatory training sessions with the housekeeping staff.

B)Agree with Brian and lower the standard of performance to have 70% of guests “completely satisfied”.

In: Operations Management

Park Corporation is planning to issue bonds with a face value of $2,400,000 and a coupon...

Park Corporation is planning to issue bonds with a face value of $2,400,000 and a coupon rate of 9 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a premium account. Assume an annual market rate of interest of 7.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

Required:

1. Prepare the journal entry to record the issuance of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

   
    
2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answer to whole dollars.)



  

3. How will Park present its bonds on its June 30 balance sheet? (Round your final answer to whole dollars.)

In: Accounting

1. Assume that a national park has recently allowed people to drive all terrain vehicles on...

1. Assume that a national park has recently allowed people to drive all terrain vehicles on trails throughout the park. These vehicles create noise that scare the park’s wildlife lessening the quality of visits for other park enthusiasts.   You are asked to conduct a study to show the change in the park’s value.

a) What specific valuation method should you use?

b) How would you use that method?

c) What are some problems that might results from your use of that method?

2. In order to increase economic activity a city proposes to allow diesel powered delivery vehicles to operate in residential neighborhoods.   Diesel exhaust contains soot which is a major cause of asthma and other respiratory ailments leading to a decrease in the quality of life in these neighborhoods.   A neighborhood group opposed to this proposal hires you to conduct a valuation study to show the decrease in the quality of life.  

a) What specific valuation method should you use?

b) How would you use that method?

c) What are some problems that might results from your use of that method?

In: Economics

Park Corporation is planning to issue bonds with a face value of $790,000 and a coupon...

Park Corporation is planning to issue bonds with a face value of $790,000 and a coupon rate of 7.5 percent. The bonds mature in 6 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.)

Required: 1. Prepare the journal entry to record the issuance of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

3. What bond payable amount will Park report on its June 30 balance sheet? (Enter all amounts with a positive sign.)

In: Accounting

Park Corporation is planning to issue bonds with a face value of $3,400,000 and a coupon...

Park Corporation is planning to issue bonds with a face value of $3,400,000 and a coupon rate of 7 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a premium account. Assume an annual market rate of interest of 6.0 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

Required:

1. Prepare the journal entry to record the issuance of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answer to whole dollars.)

3. How will Park present its bonds on its June 30 balance sheet? (Round your final answer to whole dollars.)

In: Accounting

Normally, the flow of electrons to O2 is tightly linked to the production of ATP via...

  1. Normally, the flow of electrons to O2 is tightly linked to the production of ATP via the electrochemical gradient. If ATP synthase is inhibited, for example, electrons do not flow down the electron-transport chain and respiration ceases. Since the 1940s, several substances— such as 2,4-dini-trophenol (DNP)—have been known to uncouple electron flow from ATP synthesis (see figure to the right). DNP dissipates the proton gradient by carrying H+ across the inner mitochondrial membrane through simple diffusion-mediated transport. DNP was once prescribed as a diet drug to aid in weight loss.
    1. A) (3pt) How would an uncoupler of oxidative phosphorylation promote weight loss? (5 sentence max)
    2. B) (2pt) Why do you suppose dinitrophenol is no longer prescribed? (5 sentence max)

Please be descriptive and go step by step so I can understand, thank you so much!

In: Biology

In a four person community, we have elicited each individual’s willingness to pay to build an...

In a four person community, we have elicited each individual’s willingness to pay to build an additional mile of a bike lane. Whatever amount is constructed, the community will split the cost evenly.

Bike Lanes (miles)

Avery WTP ($)

Billy WTP ($)

Cedric WTP ($)

Doug WTP ($)

Total WTP ($)

1

42

39

25

12

118

2

36

30

20

9

95

3

30

21

15

6

72

4

24

12

10

3

49

5

18

3

5

0

26

1. Suppose bike lanes can be built for 52 $ . mi

(a) (1 point) What is the efficient amount of bike lanes to build?

(b) (1 point) Will the majority vote accept this proposal?

2. Suppose the bike lanes can be built for 84 $ . mi

(a) (1 point) What is the efficient amount of bike lanes to build?

(b) (1 point) Will the majority vote accept this proposal?

In: Economics

PERFORMANCE EVALUATION Julie Miller supervisor of housecleaning for Hotel Minto, was surprised by her summary report...

PERFORMANCE EVALUATION

Julie Miller supervisor of housecleaning for Hotel Minto, was surprised by her summary report for March given below.

Hotel Minto

Housekeeping Performance Report

For the month of March

Actual

Budget

Variance

%Variance

$198,511

$186,400

$12,111 U

6.497% U

Julie was disappointed. She thought she had done a good job controlling housekeeping labor and towel usage, but her performance report revealed an unfavorable variance of $12,111. She had been hoping for a bonus for her good work, but now expected a series of questions from her manager.

The cost budget for housekeeping is based on standard costs. At the beginning of a month, Julie receives a report from Hotel Minto’s Sales Department outlining the planned room activity for the month. Julie then schedules labor and purchases using this information. The budget for the housekeeping was based on 8,000 room nights. Each room night is budgeted based on the following standards for various materials, labor, and overhead:

Shower supplies

3 bottles @ $0.35 each

Towels

1 @ $2.25

Laundry

10 lbs @ $0.35 a lb.

Labor

½ hour @ $14.00 an hour

VOH

$7.00 per labor hour

FOH

$6 a room night (based on 8,000 room nights

With 8,900 room nights sold, actual costs and usage for housekeeping during April were:

$9,311 for 26,500 bottles of shower supplies

$17,502 for 7,900 towels

$31,882 for 88,500 lbs. of laundry

$60,200 for 4,350

$30,150 for total VOH

$49,466 for FOH

Required:

You have been asked to re-evaluate Julie’s performance.

Prepare a report to Julie’s boss demonstrating and explaining your findings; including your suggestions for performance evaluation methods and measures in the future.

Explain what your report suggests about Kathys departiment erformance.

In: Accounting