Sue and Bill are married. They have 2 children under 17 years old. They qualify for the $2000 child tax credit for both children. Everyone in the family was covered with health insurance for the entire year in 2018 Their total wages combined are $78,928 Federal tax withheld for both of them is $6495 Interest income $575 Tax exempt interest $275 After tax medical paid $6587 Mortgage interest paid $9300 The acquisition debt for the mortgage is $385,000 Property taxes paid $6275 State, City and School district taxes paid $4578 Student loan interest paid for Sue $3275 Student loan interest paid for Bill $575 Cash donations to a several charitable organizations was $5200 Please calculate the refund or amount due based on the above information. Please show all of your work for credit. Need completed ASAP
In: Accounting
Alpha Pty Ltd is a privately held furniture manufacturing company. For September 2018, Alpha had the following standards for one of its products, a wicker chair: Standards per Chair Direct materials 2 square yards of input at $5 per square yard Direct manufacturing labor 0.5 hour of input at $10 per hour The following data were compiled regarding actual performance: actual output units (chairs) produced, 2000; square yards of input purchased and used, 3,700; price per square yard $5.10; direct manufacturing labor costs, $8,820; actual hours of input, 900; labor price per hour, $9.80.
a) Show computations of price and efficiency variances for direct materials. Price variance Efficiency variance Flexible budget variance
b) Give plausible explanations of why each variance occurred
In: Accounting
So far this year, U.S.-listed biotech companies have raised roughly $9.4 billion in initial public offerings, already beating the $6.5 billion raised in all of 2018, the biggest year on record, according to Dealogic data going back to 1995. This year’s biotech issues have jumped an average of 34% on their first day of trading, the biggest average first-day pop for the sector since the tech boom in 2000. The recent surge in biotech stocks extends beyond IPOs, as investors chase companies working on potential vaccines to combat Covid-19. They also anticipate the industry may benefit from more investment by governments in drug discovery and development.
A. Why are some market participants skeptical of investors' enthusiasm for biotech shares?
B. According to the article, what are the risks associated with investing in early-stage biotechnology companies?
In: Finance
The following selected information for sana co . for year ended 31/12/2018 in euro
|
Sales |
520000 |
|
|
Beginning inventory |
100000 |
|
|
Purchases |
350000 |
|
|
Fright on Purchases |
16000 |
|
|
Purchases return |
35000 |
|
|
Salaries |
44000 |
50% selling |
|
Fright out |
3000 |
|
|
Sales discount |
2000 |
|
|
Advertising expenses |
2200 |
50% selling |
|
Traveling expenses |
8000 |
50% selling |
|
Tele |
600 |
|
|
Rent expenses |
4300 |
1300$ selling |
|
Retained earning |
255000 |
|
|
Supplies expenses |
5300 |
Selling |
|
Dividend |
25000 |
|
|
Bonds |
1200000 |
|
|
Interest expenses |
1700 |
|
|
Depreciation expenses |
6700 |
50% selling |
|
Bad debit expenses |
1000 |
|
|
Insurance expenses |
360 |
|
|
Interest receivables |
800 |
|
|
Interest revenues |
800 |
|
|
Prepaid rant |
500 |
|
|
Selling commissions |
6000 |
|
|
Salaries payable |
(5000) |
Required : prepare the closing entries of the year if the tax rate 20%
In: Accounting
Oil swaps , future , options are all examples of oil derivatives contracts . explain the difference and how these can be used in price risk management, and give examples . please this an update of the previous one send .
In: Finance
What course of action would you recommend in the following situation?
A contractor is instructed to submit a revised programme for the works showing an earlier forecast completion than the current programme update.
( Provide references)
In: Civil Engineering
Compare and contrast a fully relational DBMS with Excel in the
following areas.
1 Volume of data (number of rows)
2 Relationships of tables
3 Searching efficiency
4 Normalization
5 Update concurrency
In: Computer Science
Compare PHP code used to create and update two-dimensional arrays to another programming language. Which is easier and more efficient? Why? Can be compared to any other well used language.
In: Computer Science
The asking prices in thousands of dollars for 25 single family residences listed in a city in California are given below. 370.0 269.0 290.9 398.0 326.0 218.9 249.9 239.0 498.9 334.0 288.9 324.0 328.0 300.0 361.0 294.0 319.0 330.0 366.0 339.0 310.9 294.0 270.9 349.0 326.0 (a) Locate the largest and smallest prices and use the range to approximate the standard deviation (in thousands of dollars). $ thousand (b) Calculate the sample mean x (in thousands of dollars). x = $ thousand Calculate the sample standard deviation s (in thousands of dollars). s = $ thousand Compare s with the approximation obtained in part (a). The actual value is very close to the estimate, since the difference is within 5. The actual value is close to the estimate, since the difference is between 5 and 10. The actual value is not markedly different from the estimate, since the difference is between 10 and 20. The actual value is not close to the estimate, since the difference is more than 20. (c) Find the percentage of prices that falls into the interval x ± 2s. % Compare with the corresponding percentage given by the Empirical Rule. The proportion of measurements in this interval is not close to the proportion given by the Empirical Rule, since the difference is more than 2%. The proportion of measurements in this interval is close to the proportion given by the Empirical Rule, since the difference is within 2%..
In: Statistics and Probability
Locking methods are one of the most common techniques used in concurrency control. There are different levels of lock use.
Make sure you clearly write down (a), (b) followed by your answers.
[6 marks] (a) Use the following scenario to illustrate and explain how a table-level lock and a page-level lock work.
Scenario:
Transaction 1 (T1) wants to update row 5 in Table A
Transaction 2 (T2) wants to update row 2 in Table A
Note: Page 1 contains rows 1-3 in Table A and Page 2 contains rows 4-6 in Table A
[4 marks] (b) Compare the advantages and disadvantages of a table-level lock and a page-level lock.
In: Computer Science