1. The starting salaries of individuals with an MBA degree are normally distributed with a mean of $90,000 and a standard deviation of $20,000. Suppose we randomly select 16 of these individuals with an MBA degree. What is the standard deviation of the average starting salary for these individuals?

   	a.	$4,000
   	b.	$5,000
   	c.	$20,000
   	d.	$1,666.67

The Wall Street Journal reported that the age at first startup for 90% of entrepreneurs was 29 years of age or less and the age at first startup for 10% of entrepreneurs was 30 years of age or more. (a) Suppose a sample of 200 entrepreneurs will be taken to learn about the most important qualities of entrepreneurs. Show the sampling distribution of p where p is the sample proportion of entrepreneurs whose first startup was at 29 years of age or less. If required, round your answers to four decimal places. np = n(1-p) = E(p) = σ(p) = (b) Suppose a sample of 200 entrepreneurs will be taken to learn about the most important qualities of entrepreneurs. Show the sampling distribution of p where p is now the sample proportion of entrepreneurs whose first startup was at 30 years of age or more. If required, round your answers to four decimal places. np = n(1-p) = E(p) = σ(p) = (c) Are the standard errors of the sampling distributions different in parts (a) and (b)? Justify your answer. The input in the box below will not be graded, but may be reviewed and considered by your instructor.

The topic of our negotiation is Walt Disney Studios acquisition of the Lucasfilm Ltd. LLC production company on October 30, 2012. Lucasfilm was acquired for $4.05 billion and through this deal Disney acquired ownership of Star Wars, Indiana Jones, and Lucasfilm's operating businesses in live-action film production, consumer products, video-games, animation, visual effects, and audio post-production. The first Star Wars movie released under Disney’s ownership, Star Wars Episode VII: The Force Awakens grossed over $2.066 billion in ticket sales worldwide and an estimated $6 billion in merchandise sales (Star Wars: The Force Awakens). The Force Awakens, released in 2015 is the first of five Star Wars films Disney has planned to release. In one film Disney has already made back the money spent purchasing Lucasfilms Ltd., though founder George Lucas was given 40 million Disney shares as part of the $4.05 billion making him the second largest non-institutional shareholder of Disney(Krantz).

1) Tactics: Describe and evaluate three specific tactics each side is using to advance their strategy.

2) Critique how the strategy and tactics each side is using is affecting their position.

22.34 Lab 12 B FALL 2019 Python File I/O demo

Overview

This is a demonstration of File IO

Description

Read in a list of states from a file, and output those states in alphabetical order.

Provided input files

A single input file named states.txt is provided that lists the 50 states of the United States - one state per row. Some states have lowercase letters, where some begin with uppercase letters. As a reminder, lowercase letters come after uppercase letters alphabetically. The states are in a random order. The file has the following format:

Michigan
Alaska
New Mexico
Alabama
Nevada
...

Objectives

Write the following in main.py:

1. Open the states.txt file.
2. Create a list called ‘states’ where each element in the list is one of the states read from the file.
3. Print to the user (not to a file) an alphabetized list of all the states, with one state per line. For example,

Alabama
Alaska
Arizona
...

Janice acquired an apartment building on June 4, 2020, for $1,600,000. The value of the land is $300,000. Assume Janice sold the apartment building on November 29, 2026.

If required, round your answers to the nearest dollar.

Click here to access the depreciation table to use for this problem.

a. How is the property classified for MACRS?

b. What is the life of the asset for MACRS?

c. Determine Janice's cost recovery deduction for 2020 and 2026.
2020: $
2026: $

On April 30, 2019, Leo purchased and placed in service a new car that cost $78,600. The business use percentage for the car is always 100%. He does not take the additional first-year depreciation or any § 179.

If required, round your answers to the nearest dollar.

Click here to access the depreciation table of the textbook. Click here to access the limits for certain automobiles.

a. What MACRS convention applies to the new car?

b. Is the automobile considered "listed property"?

c. Leo's cost recovery deduction in 2019 is $ and for 2020 is $.

On July 1, 2020, Adams Company acquired a new machine for $ 200,000 and estimated that it would have a useful life of 10 years and residual value of $ 10,000. On January 2, 2022, Adams spent $ 31,500 to perform a major overhaul on the equipment which improved the efficiency of the machine by 20%. Due to this change, Adams believed that the machine should have a total useful life of 12 years and residual value should be increased by $ 4,000. On November 1, 2023, the machine was sold for $ 110,000. The company uses straight line method of depreciation and closes its book on December 31.
Required: 1. Calculate the carrying value of the equipment at December 31, 2021.
2. Calculate depreciation expense for 2022.
3. Prepare the journal entry on November 1, 2023.

ABC, Inc. acquired 15% of EFG Corporation on January 1, 2019, for $125,000 when the book value of EFG's net assets was $950,000. During 2019, EFG reported net income of $530,000 and paid dividends of $40,000. On January 1, 2020, ABC purchased an additional 15% of EFG for $550,000. Any excess of cost over book value was attributable to goodwill (No amortization). On that same date, ABC changed to the equity method. During 2020, EFG reported net income of $730,000 and paid dividends of $90,000.

Required:

A. What type and amount of income(s) did ABC record from EFG in 2019?

B. What type and amount of income(s) did ABC record from EFG in 2020?

C. What was the balance in the Equity Investment in EFG account at December 31, 2020?

You are an international manager of a virtual team for a parent organization that is based in the United States. The team members are new to each other and only recognize names because of emails. Because the team members do not know each other, you must develop a plan to build trust among the team. Your task is to determine the native country profile of each team member. Then, determine the cultural challenges and benefits this team will face

Focus on the cultural relationships. The team consists of the following members:

1. Val – a Romanian citizen living in the United Kingdom

2. Aiko – a Japanese citizen living in China

3. Ming Tsai – a Chinese citizen living in Mexico

4. Ana Maria – a Colombian citizen living in Spain

5. Yourself – an American citizen living in the United States

Use critical thinking to apply depth and breadth. Be concise and address the countries and team members and the challenges and benefits the team will face. Go beyond description. Focus on cultural relationships.

Tobacco litigation has transformed the prospects for tobacco control, first in the United States and more recently worldwide. It has forced tobacco companies to sit at the bargaining table with tobacco control advocates, has produced settlements under which the industry is committed to paying about $10bn each year to reimburse American states for healthcare expenditure caused by tobacco, and it has generally put the industry on the political defensive.