The city of Lawrence recently was hit by a tornado, leaving many families in need of food, clothing, shelter, and other necessities. Betty contributed $500 to a family whose home was completely destroyed by the tornado. Jack contributed $700 to the family’s church, which gave the money to the family. Discuss the deductibility of these contributions.
In: Accounting
Religion class:
It can be argued that Eastern Christianity, Wester Christianity, and postcolonial Christianity offer three different models for understanding the relationship between church and state and the relation of Christianity to the non-Christian world: a Constantinian model, an Augustinian model, and a diaspora model. Explain these models, and identify their strengths and weaknesses.
In: Psychology
The Bank of England (BoE) on Monday presented the scenario for its second annual stress tests,which it said expanded on last year's excerise to include more of a focus on global risks.The BoE said it was modelling a milder stress scenario for the UK economy than last time.Its assumed peak-to-trough decline in the global economy was only a third of the fall that happened in the 2008 crisis.
The number of banks being tested is slightly lower as the Co-operative Bank,the only failure in last year's test,has been excluded because it is in the process of shrinking under a drastic restructuring plan.
However, the BoE is expected to announce an expansion of the exercise to include more institutions this summer.Officials are considering including the UK operations of foreign banks in the exercise as well as large insurers and asset managers.
For the first time the stress test includes an assessment of how banks' leverage ratios - measuring equity to total assets - emerge from a crisis as well as their capital ratios, which measure equity to risk-adjusted assets.
The five-year stress scenarios, including a slowdown in China's real economic growth from 7 Percent to 1,7 percent and a one-third fall in chinese and Hongkong house prices,is likely to put most strain onHSBC and Standard Chartered,which are UK-based but earn most of their profits in Asia.
The six banks and one building society - including Barclays,LLyods Banking Group,Royal Bank of Scotland,Santander UK and Nationwide-will be tested against two key minimum 'thresolds' in the stress scenario: a 4,5 per cent common equity tier one capital ratio and 3 per cent leverage ratio.
Banks have been told that they could be required to raise more capital even if they remain above the thresolds for capital and leverage but fall short on qualitative aspects of the test , such as the strength of reporting and controls.
In this year's test the UK economy declines by as much as 2,3 per cent while residential property prices drop by a fifth, there is a prolonged period of deflation and interest ratesfall to zero for almost two years.
a) What risk wuld you put into a banking stress test ?
b) Why are these risk scenarios extreme but possible ?
In: Finance
A central air conditioning unit was installed on January 1, 2000
at an initial cost of
P650,000 and was expected to have a salvage value of P50,000 after
a life of 7 years. a.
What amount of depreciation had accumulated in a
sum-of-the-years’-digit method at the
end of 2003? b. Using the declining balance method, determine the
depreciation charged
for 2004 and the book value at the end of 2004. c. If the equipment
was sold on Jan 1,
2005 for P100,000, what amount of loss would result from this sale
if sinking fund method
was being used with interest of 12% per year?
Show a complete and logical solution
In: Accounting
Shown here are Caterpillar's annual global sales and revenue streams for the years 2004 through 2014. By observing the data graphically and analyzing the data statistically using techniques and concepts from this chapter (forecasting trend line, etc.), share your insights and conclusions about Caterpillar's annual global sales and revenue streams over this period of time.
| YEAR | SALES AND REVENUE STREAMS ($ BILLIONS) |
| 2004 | 30.31 |
| 2005 | 36.34 |
| 2006 | 41.52 |
| 2007 | 44.96 |
| 2008 | 51.32 |
| 2009 | 32.40 |
| 2010 | 42.59 |
| 2011 | 60.14 |
| 2012 | 65.88 |
| 2013 | 55.66 |
| 2014 | 55.18 |
In: Statistics and Probability
An Analyst wants to know if there was a significance difference in the average of hours worked in a week from 2000 (Group 1) to 2004 (Group 2). He gathers all the data from the General Social Survey, and lists the following summary statistics from the sampling.
|
Year |
2000 |
2004 |
|
Mean |
27.34 |
48.12 |
|
Std. Dev |
10.11 |
19.23 |
|
Unweighted n |
43 |
54 |
Source: General Social Survey (sda.berkeley.edu )
What is the correct null hypothesis?
Ho: mu2004-mu2000 < 0
Ho: mu2004-mu2000 does not equal 0
Ho: mu2000-mu2004 > 0
Ho: mu2004-mu2000 = 0
In: Math
Identify TWO OR THREE board characteristics that may be beneficial for a company and its shareholders, referring to academic research.
In: Accounting
In: Economics
In: Nursing
You failed your classes and you need to write an academic school appeal letter. 200 words
In: Nursing