You are 30 years old today and are considering studying for an MBA. You have just received your annual salary of $50,000 which you expect will grow by 3% per year. MBA’s typically earn $80,000 upon graduation with salaries growing by 4% per year. The MBA program you’re considering is a full-time, 2-year program that costs $30,000 per year, payable at the end of each study year. You want to retire on your 65^th birthday. The relevant discount rate is 8%. Is it worthwhile for you to quit your job in order to earn an MBA? (Ignoring taxes.)

Use Excel formulas.

What elements should we need to have in a marketing plan for a startup company?

On January 1, 2020, Jens Corp. acquired 8%, $ 100,000 (face value) bonds of World Wide Ltd., to yield 9% for $95,517.20. The bonds were dated January 1, 2020, and mature on December 31, 2025, with interest payable each year on January 1. Jen intends to hold the bonds to maturity, and will use the FV–NI model and the effective-interest method of amortization of bond premium or discount. Assume that the fair market value of the bonds was equal to Jens investment’s book value in 2020, but in 2021, the fair market value of the bonds were $101,000 at the end of 2020.

Required:   (Round all answers to the nearest dollar.)

(1) Prepare an amortization schedule ‘proving’ the price that Jen paid for the bonds.

(2) Prepare the following entries in Jen's books:

a)      Acquisition of bonds on January 1, 2020,

b)      Year-end adjusting entry at December 31, 2020, and December 31, 2021.

c)      Receipt of the first interest payment on January 1, 2021.

d)      Any adjusting entry required at the end of 2020 in addition to the any journal entries recorded above.   

Blanchard Inc. acquired a packaging machine from CCC Corporation. CCC Corporation completed construction of the machine on January 1, 2020. In payment for the $5 million machine, Blanchard Inc. issued a three-year installment note to be paid in three equal payments at the end of each year. The payments include interest at the rate of 8%.

1. Prepare the journal entry for Blanchard’s purchase of the machine on January 1, 2020.

2. Prepare the partial amortization schedule for the first two years of the 3-year installment note.

3. Prepare the journal entry for the installment payments on December 31, 2020 and December 31, 2021.

Create a 2x2 MDN grid containing at least 4 top company employees (ex. CEO,
President, VP, CFO, COO, Founder, Co-founder, etc…) with headshot image, rank, first
name, last name, age, & email information. Use alternating background colors of
orange (with black text) and black (with white text).

U.S. Withholds $65 Million From U.N. Relief Agency for Palestinians

By GARDINER HARRIS and RICK GLADSTONEJAN. 16, 2018

ASHINGTON — The Trump administration is withholding more than half the funding that the United States generally has provided to a United Nations agency that aids Palestinian refugees, officials said Tuesday.

Heather Nauert, the State Department spokeswoman, said the United States would provide $60 million to the United Nations Relief and Works Agency but would withhold $65 million “for future consideration.”

Ms. Nauert said that the decision was intended to encourage other countries to increase aid, as well as to promote reform at the relief agency — and that it was not intended to be a punitive move against Palestinians. But she refused to comment when asked if the funding shortfall was linked to President Trump’s threat on Jan. 2 to end the aid after Palestinian leaders said the United States should no longer play a role in peace talks with Israel.The withholding was denounced by the Palestinians and welcomed by Israel. “Once again, the U.S. administration proves its complicity with the Israeli occupation by attempting to remove another permanent status issue off the table,” said Hanan Ashrawi of the Palestine Liberation Organization’s executive committee.Danny Danon, Israel’s ambassador to the United Nations, said the United Nations Relief and Works Agency “has proven time and again to be an agency that misuses the humanitarian aid of the international community and instead supports anti-Israel propaganda, perpetuates the plight of Palestinian refugees and encourages hate.The agency funds schools and health clinics that serve nearly two million people in Lebanon, Jordan, the West Bank and Gaza Strip. As funding declined recently, the agency began significant layoffs of teachers and health workers, many of them refugees themselves.

Mr. Trump has turned American policy sharply in favor of Israel and against the Palestinians. He has formally recognized Jerusalem as the capital of Israel and threatened to close the Palestine Liberation Organization’s diplomatic mission in Washington.

The United States provided more than $355 million to support the relief agency’s 2016 operations, and also gave about $290 million last year to the Palestinians through the United States Agency for International Development. Altogether, the United States has provided about $5.2 billion in assistance to the Palestinians since 1994, a level of funding that is likely to be reduced in the coming years as the Trump administration works to cut foreign assistance.

Tuesday’s announced cut alarmed United Nations officials and aid groups that regard the United Nations Relief and Works Agency as a critical pillar of well-being for Palestinian refugees in the West Bank and Gaza and in neighboring countries.

He said the relief agency’s services were of “extreme importance” to the populations of Palestinians who had lived as refugees for 70 years. Mr. Guterres said that was not only his opinion but “an opinion that is shared by most international observers, including some Israeli ones.”

Many Israelis worry that any rapid reduction in such aid could destabilize the region and force Israel to pick up a larger share of the costs. Jordan, where many Palestinians have settled, is also coping with a huge influx of Syrian refugees.

“That the Trump administration is using humanitarian aid for schools and hospitals as a cudgel to punish those who disagree with their policy decisions is deeply troubling,” said Jeremy Ben-Ami, president of J Street, a Washington-based liberal advocacy group for peace in the region.

Robert B. Satloff, executive director of the Washington Institute for Near East Policy, said he was “not a fan of massive cuts” to funding for the relief agency, saying he would prefer other solutions, such as changes to how Palestinians become eligible for refugee status.

United Nations funding for Palestinian refugees grows in part out of a longtime assumption that a Palestinian state would eventually be created. But cuts to that funding, along with other efforts that dim hopes for a two-state solution, could accelerate a shift among younger Palestinians to abandon the push for a separate state and instead demand full civil rights from Israel.

Jared Kushner, Mr. Trump’s son-in-law and a top adviser, is quietly continuing an effort to find a peaceful resolution to the Israeli-Palestinian conflict that experts hope will at least persuade Palestinians not to suddenly end many accommodations with Israel.

“It is proximity that almost guarantees a continued accommodation,” said Aaron David Miller of the Woodrow Wilson International Center for Scholars, who was a State Department Middle East analyst and negotiator in Republican and Democratic administrations. “The proximity also guarantees tension. That’s the paradox here.” ( make short summury on this)

tudents taking the Graduate Management Admissions Test (GMAT) were asked about their undergraduate major and intent to pursue their MBA as a full-time or part-time student. A summary of their responses follows. Undergraduate Major Business Engineering Other Totals Intended Enrollment Full Time 420 394 75 889 Status Part Time 400 591 44 1,035 Totals 820 985 119 1,924 Develop a joint probability table for these data (to 3 decimals). Undergraduate Major Business Engineering Other Totals Intended Enrollment Full-Time Status Part-Time Totals Use the marginal probabilities of undergraduate major (Business, Engineering, or Other) to comment on which undergraduate major produces the most potential MBA students. If a student intends to attend classes full-time in pursuit of an MBA degree, what is the probability that the student was an undergraduate Engineering major (to 3 decimals)? If a student was an undergraduate Business major, what is the probability that the student intends to attend classes full-time in pursuit of an MBA degree (to 3 decimals)? Let A denote the event that student intends to attend classes full-time in pursuit of an MBA degree, and let B denote the event that the student was an undergraduate Business major. Are events A and B independent?

Q1: On January 1, 2019, Yarmouth Inc. acquired 90% of Covington Co. by paying $477,000 cash. There is no active trading market for Covington stock. Covington Co. reported a Common Stock account balance of $140,000 and Retained Earnings of $280,000 at that date. The fair value of Covington Co. was appraised at $530,000.    The total annual amortization was $11,000 as a result of this transaction. The subsidiary earned $198,000 in 2019 and $226,000 in 2020 with dividend payments of $42,000 each year. Without regard for this investment, Yarmouth had income of $308,000 in 2019 and $364,000 in 2020 (these numbers do not have investment income).

Prepare a proper presentation of consolidated net income and its allocation (Consolidated net income before allocation, NCI share of NI from Covington, and Consolidated Net income to Yarmouth) for 2020.

What is the noncontrolling interest balance as of December 31, 2020?

What is the investment balance as of December 31, 2020?

During January 2019, Mindy, Inc. acquired 30% of the outstanding common stock of Milton Co. for $1,500,000. This investment gave Mindy the ability to exercise significant influence over Milton. Milton’s assets on that date were recorded at $6,400,000 with liabilities of $3,000,000. Any excess of cost over book value of Mindy’ investment was attributed to unrecorded patents having a remaining useful life of ten years.

In 2019, Milton reported net income of $600,000. For 2020, Milton reported net income of $750,000. Dividends of $200,000 were paid in each of these two years. What was the reported balance of Mindy’ Investment in Wilson Co. at December 31, 2020 and how much was the reported investment income in Wilson for 2020?