what stands out for you as to how we got from the Articles of Confederation to the Constitution.? What form of federalism do we have in each direction? Is our system of federalism effective? Why or why not. Be sure to cite your information sources for your academic support.​

6. Financial Statements Analysis extracts historical information (in this case from 1995—2001), and projects for the future (2002—2011) to value the firm. What do you feel about the accuracy of the projection?



7. Why does the current outstanding debt value have to be subtracted from the enterprise value to get to price per share?

How does Willson, F. (2002). Shapes, Numbers, Patterns, And The Divine Proportion In God's Creation. explain that a Spirals in sunflowers demonstrates the divine proportion?

Explain why Willson said…“The only rational conclusion is that the Creator of the universe is a personal, intelligent Being, who created these things as a visible fingerprint of His invisible, yet personal existence.”

In POWERS REPORT for ENRON Scandal in 2002:

1. Description of the related party transactions reported on by Arthur Andersen & Co.

2. Description and evaluation of the flaw in the accounting firm's logic.

3.Proposed checklist for special projects performed by external auditors to limit errors and risks.

4. Proposed rules or laws to prevent similar occurrences in the future.

In POWERS REPORT for ENRON Scandal in 2002: 1. Description of the related party transactions reported on by Arthur Andersen & Co. 2. Description and evaluation of the flaw in the accounting firm's logic. 3.Proposed checklist for special projects performed by external auditors to limit errors and risks. 4. Proposed rules or laws to prevent similar occurrences in the future.

Please provide the Stata commands and outputs where necessary, thank you.

4. The following are data on

y = quit rate per 100 employees in manufacturing

x = unemployment rate

The data are for United States and cover the period 1990-2002.

(a) Estimate the regression and report the results

(b) Construct a 95% confidence interval for β.

(c) Test the hypothesis H₀ : β = 0 against the alternative β=0 at the 5% significance level.

(d) Test Normality of the residuals using Jarque-Bera test.

(e) What is likely to be wrong with the assumptions of the classical normal linear model in this case? Discuss.

Go to the IRS Web site (www.irs.gov) and find the 2016 edition of the IRS Publication 538 (PDF file), Accounting Periods and Methods. Find the pages on Inventories. What are the revenue procedures that permit qualifying taxpayers and qualifying small business taxpayers to use the cash method for accounting for inventories?

Answer the following questions.

1. What page of the publication does the discussion of inventory start? ___________

2. The qualifying taxpayer under Revenue Procedure(a. 2001-2 b. 2001-10 c. irb02-02) and a qualifying small business taxpayer under Revenue Procedure (a. 2002-18 b. irb02-18 c. 2002-28) can use the cash method of accounting even if they produce, purchase, or sell merchandise.

3. The gross receipts test for a qualifying small business taxpayer is determined (a. by election b. each period tax year ending on after 12/31/2000 c. over a three period). The average annual gross receipts must be __________$ million or less for each test year listed.

On January 1st 2001, Patterson Inc. issued bonds with a total face value of $4,000,000 (4 million), a 9% coupon rate and a life of 12 years. The market rate of interest for these bonds is 10% per year on the date of issue. The coupon payment is made annually on December 31. (a) What is the bond payable balance that Patterson should report on its balance sheet dated January 1st 2002? (b) What is the interest expense that Patterson should report on its calendar year 2002 income statement? (c) On January 1st 2006 Patterson buys back from the market 30% of the bonds that it had issued i.e. it buys back bonds with a face value of 1.2 million. The market rate of interest on January 1st 2006 for Patterson’s bonds is 12% per year. Prepare the journal entry that Patterson should record on January 1st 2006. (d) What is the amount of interest expense that Patterson should report on its 2006 income statement?

1. Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2002

The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase.

In March 2002, credit sales were $210,000, and credit purchases were $156,000. Using this information, complete the following cash budget: