Mr. Jackson died on June 19 when the total FMV of his property was $23 million and his debts totaled $2.789 million. His executor paid $23,000 funeral expenses and $172,000 accounting and legal fees to settle the estate. Mr. Jackson bequeathed $500,000 to the First Lutheran Church of Milwaukee and $1 million to Western Wisconsin College. He bequeathed his art collection (FMV $6.4 million) to his wife and the residual of his estate to his three children. Assume the taxable year is 2020. Note that Congress adjusted the lifetime exclusion rate subsequent to publication. Required:
A-Compute Mr. Jackson’s taxable estate.
B-Compute the estate tax payable by Mr. Jackson’s executor if Mr. Jackson made no taxable gifts during his lifetime.
C-Compute the estate tax payable by Mr. Jackson’s executor if Mr. Jackson made a substantial taxable gift in 2011 and used $5 million of his lifetime transfer tax exclusion to reduce the amount on which gift tax was owed to zero.
In: Accounting
Suppose that a random sample of n = 5 was selected from the apple orchard properties for sale in Chilton County, Alabama, in each of three years. The following data are consistent with summary information on price per acre for disease-resistant apple orchards in Chilton County. Carry out an ANOVA to determine whether there is evidence to support the claim that the mean price per acre for vineyard land in Chilton County was not the same for each of the three years considered. Test at the 0.05 level and at the 0.01 level.
2002: 30000 34000 36000 38000 40000
2003: 30000 35000 37000 38000 40000
2004: 40000 41000 43000 44000 50000
In: Statistics and Probability
Year Percentage
2000 28
2001 32
2002 36
2003 40
2004 44
2005 51
2006 53
2007 57
2008 60
2009 66
Forecast the percentage of tax returns that will be electronically filed for 2010 using exponential smoothing with trend adjustment.
alpha= 0.3 and beta= 0.4. Then calculate MAD.
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Quarter Price
Q1 2017 186.3
Q2 2017 190.9
Q3 2017 195.2
Q4 2017 195.2
Q1 2018 198.7
Q2 2018 201.2
Forecast the price index for Q3 2018 using a three-period simple moving average. Then calculate MAD.
In: Statistics and Probability
A relatively new firm has the dividend payment history. Suppose this stock sells for $8 per share. Estimate the shareholders' required rate of return using the dividend discount model with the following:
A. The dividend growth rate calculated over the firm's entire history.
B. The growth rate calculated over the actual dividend paying history only.
C. Why are the two answers different? Which do you think is most meaningful?
Table 9-10
Year dividends
2000 0
2001 0
2002 0
2003 0
2004 .10
2005 .13
2006 .15
2007 .18
In: Finance
Brown Inc.'s annual dividends are indicated below. Find the required rate of return for this stock, assuming the future dividend growth rate will remain the same and the company has an infinite horizon. Assume the January 1, 2011 price of the stock was $39.00. What was the required return for Brown Inc.Brown Inc.'s stock?
| Year | 2001 | 2002 | 2003 | 2004 | 2005 |
| Dividend | $ 0.95 | $ 1.03 | $ 1.08 | $ 1.17 | $ 1.23 |
| 2006 | 2007 | 2008 | 2009 | 2010 | |
| $ 1.29 | $ 1.39 | $ 1.46 | $ 1.58 | $ 1.71 |
What was the estimated annual required return for Brown Inc.'s stock? (Round to two decimal places.)
In: Finance
Given the following price data for EA and the Market Index (DIA) from 2000 to 2015, find the returns for each price series, then calculate the beta for EA's stock. (Round to 3 decimals)
| Year | Ea | DIA |
| 2000 | 21.3125 | 74.67136 |
| 2001 | 29.975 | 70.95762 |
| 2002 | 24.885 | 60.53014 |
| 2003 | 47.68 | 77.4199 |
| 2004 | 61.68 | 81.3084 |
| 2005 | 52.31 | 82.6164 |
| 2006 | 50.36 | 98.24182 |
| 2007 | 58.41 | 106.8822 |
| 2008 | 16.04 | 72.5348 |
| 2009 | 17.75 | 89.03117 |
| 2010 | 16.38 | 101.5058 |
| 2011 | 20.6 | 109.6855 |
| 2012 | 14.52 | 120.583 |
| 2013 | 22.94 | 156.3253 |
| 2014 | 47.02 | 171.5243 |
| 2015 | 68.72 | 171.6787 |
In: Finance
Two factories located in different cities, owned by the same organization (ABC Corp), produce the identical product. The product they make is a specialized all-terrain vehicle. In 2002, based on productivity data from a random sample of workers, management felt the average labor productivity of the two plants could be improved. So, both plants underwent identical process improvements through 2003. In 2004, the worker productivity was gauged for both plants using the same set of workers.
|
Factory A Before |
Factory A After |
Factory B Before |
Factory B After |
|
6 |
8 |
3 |
6 |
|
5 |
5 |
8 |
6 |
|
6 |
8 |
3 |
5 |
|
7 |
6 |
7 |
7 |
|
9 |
9 |
6 |
9 |
|
5 |
6 |
4 |
4 |
|
4 |
5 |
8 |
9 |
|
6 |
5 |
4 |
5 |
|
5 |
6 |
6 |
5 |
|
7 |
8 |
2 |
4 |
|
8 |
7 |
8 |
7 |
|
4 |
5 |
5 |
9 |
|
5 |
8 |
3 |
3 |
|
4 |
5 |
9 |
6 |
|
9 |
7 |
6 |
8 |
|
8 |
8 |
3 |
6 |
|
3 |
6 |
7 |
5 |
|
7 |
5 |
4 |
8 |
|
4 |
7 |
7 |
5 |
|
2 |
4 |
5 |
7 |
Factory A Before = worker productivity for Factory A measured in units finished per day measured in 2002 i.e. before improvement intervention
Factory B Before = worker productivity for Factory B measured in units finished per day measured in 2002 i.e. before improvement intervention
Factory A After = worker productivity for Factory A measured in units finished per day measured in 2004 i.e. after improvement intervention
Factory B After = worker productivity for Factory B measured in units finished per day measured in 2004 i.e. after improvement intervention
You are the consultant and the management wants the following questions answered.
Assume α-level of 10%. You have to use p value method. Assume equal variances wherever needed.
In: Statistics and Probability
What are the social and religious functions of a funeral?
In: Nursing
Erickson believed that old age is a time during which we look back on our lives to reflect on what we have accomplished with the recognition that we are unable to really do things differently. Do you agree with Erickson's opinion? Why or why not? If you were to write your own obituary prior to your death during old age, what would you write?
In: Psychology
Juan, a17-year-old Hispanic youth, was referred to the school psychologist at the end of the first school term because of apparent academic and emotional concerns. His grades were slipping, and it looked like he might not get any credits his first term. The counselor has also explained that Juan was the driver in a fatal car wreck at the end of the previous academic year, in which his bestfriend was killed. Although Juan was hospitalized, the counselo rsaid that he insisted on going to the funeral, even though he could barely move, having suffered several broken ribs. When the psychologist met with Juan, he was initially reluctant to discuss the accident but as rapport was established, he admitted to feeling helpless, feeling fatigued because of lack of sleep, and having problems concentrating on his schoolwork. He wanted to quit school, because he did not want to be in the same class with students who blamed him for his friend’s death, and furthermore he did not see why he should plan for a future. He admitted to having vivid dreams of his friend, seeing him as if he were alive. Often he would wakeup, startled.He had no recollection of how the accident happened, as he could not remember the details, even though a witness had said that another car was involved. Although he has a girlfriend, Juan rarely feels like doing anything, and in the past few month she has preferred to be alone. Although he was very close to his deceased friend’s family(theywereinseparable), he has not seen them since the funeral. In this case, Juan is faced with the aftermath of a traumatic experience in which he was seriously injured and his friend was killed. He feels helpless because of the accidental nature of the wreck. Undoubtedly, Juan has significant survivor guilt. Faced with traumatic events of this nature, individuals react with fear, horror, or helplessness. In younger children, these feelings are often expressed in disorganized anda gitated behaviors.
IN 250 words:
Examine the diagnostic criteria and two areas on the diagnostic continuum. Identify three prominent symptoms related to comorbid or co-occurring disorders that may be present in Juan’s situation.
In: Psychology