Ms Mary was accepted to Big State University and received a reduced tuition from $50,000 to $20,000. Mary also received a scholarship of $30,000 to attend Big State University. Since Mary's tuition is $20,000 she will use the remaining portion to cover her room and board expenses. BSU also offered Mary a part-time job as an admin. assistant where she will be paid $2,500 per year. Mary Smith needs your help in determining what is taxable and what is not taxable. Please use IRS publication 970 and let her know what /if anything is taxable and what is nontaxable and any other info that is relevant. Please write at leat 200 words to explain why.
In: Accounting
-Explain what is meant by capacity to contract?
-
-Explain what privity of contract means?
-
-Explain what is an invitation to treat?
-
-Explain in detail the 3 essential elements of a contract:
-Intention
-Agreement
-Consideration
In: Operations Management
GOODNESS OF FIT WORKSHEET
The following is a quote from the Mars Company, maker of M&M candies:
We can assure you that the colors are blended mechanically according to the formula. Our present means of color dispensing should place a fairly uniform blend of colors in every package; however, occasionally an unusual assortment of colors may appear.
The theoretical percentages of each color (as given by the M&M company) are:
|
Red |
Yellow |
Green |
Orange |
Blue |
Brown |
|
|
Plain |
13% |
14% |
16% |
20% |
24% |
13% |
|
Peanut |
12% |
15% |
15% |
23% |
23% |
12% |
|
Red |
Yellow |
Green |
Orange |
Blue |
Brown |
Total |
|
|
Yours (Observed Frequency) |
|||||||
|
Group (Observed Frequency) |
|||||||
|
Expected Frequency |
You will conduct a goodness of fit test to determine whether your and the group frequency numbers for each color “fit” the expected values. Remember to complete your individual test first then send your results and numbers to the group leader. Be sure and work with the group leader to complete the group test. Use a significance level of 0.05.
Ho:
H1:
In: Statistics and Probability
3-30 (Objectives 3-3, 3-4) Publicly traded companies must
electronically file a variety of
forms or reports with the U.S. Securities and Exchange Commission
(SEC), including
the Form 10-K, which includes the audited annual financial
statements. The SEC makes
most of these electronic documents available on the Internet via
EDGAR, which stands
for Electronic Data Gathering, Analysis, and Retrieval system. The
primary purpose for
EDGAR is to increase the efficiency and fairness of the securities
market for the benefit of
investors, corporations, and the economy by accelerating the
receipt, acceptance, dissemination,
and analysis of time-sensitive corporate information filed with the
agency.
a. Visit the SEC Web site (www.sec.gov) and use the link to
“Company Filings Search”
(under “Filings”) to locate the Form 10-K filing for Google, Inc.,
for the year ended
December 31, 2015, to answer the following questions:
1. Who was Google’s auditor?
2. Did the audit firm issue a combined or separate report(s) on the
financial statements
and on internal controls over financial reporting?
3. What type of audit opinion did the auditor provide for the
financial statements?
4. What was the auditor’s opinion about internal controls over
financial reporting?
5. What was the report date for the audit report?
b. Visit the PCAOB’s Web site (www.pcaob.org) and use the link to
“Auditing” under the
heading for “Standards” to locate the PCAOB’s Auditing Standards.
Search the links
to the Auditing Standards to answer the following questions:
1. Where would the auditor locate guidance about changes to the
auditor’s report
if Google makes a change in accounting principle that is considered
material?
Identify the appropriate section in the Auditing Standards and
identify the relevant
paragraph(s) within that section that would be applicable to this
situation.
Assume that Google properly reports the change in the financial
statements.
2. Where would the auditor locate guidance to determine the effect
on the auditor’s
report if he or she has substantial doubt about Google’s ability to
continue as
a going concern? Identify the appropriate section and the relevant
paragraph(s)
within that section that would be applicable to this
situation.
3. Google’s Form 10-K contains information that is in addition to
the financial statements
and related footnotes. Where would the auditor locate guidance that
addresses
his or her responsibility for this other information and what is
the auditor’s obligation
related to that information? Identify the appropriate section and
the relevant
paragraph(s) within that section that would be applicable to this
situation.
In: Accounting
This is for a VF-30 Bonfiglioli worm drive Gearbox
6.1 Housing
6.2 Worm Gear
6.3 Worm Shaft
For each of the MAJOR components (6.1, 6.2 and 6.3) stated only, analyze and identify the manufacturing processes used to make the component – both primary (bulk shape forming) and secondary (or finishing) processes. Include sub-sub-section as follows for each component:
o 6.1.1 Component Observations: Describe your observations of the physical component which indicate what manufacturing processes were performed. Include an annotated picture with arrows pointing to the features.
o 6.1.2 Manufacturing Process: With supporting literature and research, describe the chosen manufacturing process concisely in detail, noting its advantages and disadvantages – describe it in the context of the gearbox you are looking it, not just generally. Detail the advantages and disadvantages of these processes: Relate the chosen method to the production volume of the gearbox.
o 6.1.3 Material Relationship: Relate to the material and its appropriateness in this manufacturing method (e.g. does it have suitable castability?)
In: Mechanical Engineering
1) Which of the following types of electromagnetic waves has the highest frequency.
Group of answer choices
Microwave
Radio Wave
Infrared
X-ray
Visible Light
2)
In a vacuum, which of the following statements is true about red and blue visible light.
Group of answer choices
The red light travels slower than the blue light.
The red light has a longer wavelength than the blue light.
The red light and the blue light have equal frequencies.
Both the red light and the blue light have a higher wavelength than radio waves.
Both the red light and the blue light have a higher frequency than yellow light
3)
An RL circuit has a 10 H inductor along with two resistors that are 2 ohms and 5 ohms, all connected in series with a 20 V battery. At the moment the circuit is connected, what is the current across the 2 ohm resistor?
In: Physics
Your friend would like some insights on how to evaluate new opportunities and thinks you could use a reality check. Thus, she presents some data and asks for recommendations. She has $500,000 in funds to use. Looking at her business, you discover the following opportunities:
option 1: Renovate her building at a cost of $500,000. This saves 10,000 gallons of fuel per year. Fuel currently costs $5.00 per gallon. She thinks this renovation will showcase her green building skills and will lead to increased sales of $100,000 per year for the next two years. Planning horizon is five years.
option 2: Lend another entrepreneur $380,000. This person, who she met at a local entrepreneur center event, promises to double her $380,000 in 2 years. This entrepreneur has a good track record on recent projects.
option 3: Repay her car loan for her recently acquired Jaguar. She borrowed $120, 000 for 5 years at 3.9% interest to buy this car and has not yet made a payment. She can sell this car for $107,000 today.
So, your friend would like some pre-tax advice (that means do not consider taxes or depreciation) on what and how to decide. You can also ignore inflation in your calculations. Again, she has $500,000 to use in this set of decisions. Make a recommendation that is supported by your calculations. Explain your strategy in detail.
Note: consider all possible alternatives using available $500,000 and state your recommendation for each alternative
In: Finance
Penicillin is an antibiotic that inhibits peptidoglycan synthesis. Based on your results and knowledge of cell envelope differences, would penicillin be more effective against S. aureus (purple) or E. coli (red)? Explain your rationale.
In: Biology
Give a brief detail of the physiologic steps to muscle
contraction. Explain with support of the appropriate chapters in
your book.
In: Anatomy and Physiology
In: Physics