Question 5
a) Students’ attitude towards teachers and class is a major cause
of plagiarism. Some students cheat because they have negative
student attitudes towards assignments and tasks that teachers think
have meaning but they don’t” (Howard, 2002). Illustrate your
agreement or disagreement with the above statement. (EV – 6
marks)
b) Based on the statement in (a) critically analyze in details and
with the use of your own examples three major means of reducing
plagiarism among university students.
(CR – 6 marks)
c) Engaging unethical behaviors in your academic journey usually is
not encouraged as it gives a terrible reflection of the potentially
bad professional behaviors you will exhibit in the future. With the
backing of practical examples of your choice, discuss and justify
how unprincipled and unethical behaviors of a professional can
convey distress or potential harm to a customer and describe which
key remedies can be used to resolve the condition.
(AN – 8 marks
In: Psychology
3: Access Inc. is in operation from last 8 years, and have a balance of $640,000 in the machinery account as at Jan 01, 2000. the remaning life of this machinery is 7 years and had a salvage value of 63000. On August 01, 2000, the Company made additions to the machinery a/c of $98,000. The machinery is expected to produce a total of 200,000 units. The machinery was used in the production in the following manner:
Year Production
2000 13,400
2001 34,200
2002 38,400
2003 39,100
2004 31,900
2005 28,060
2006 14,940
There was another addition to the machineries for $126,000 on Jan 01, 2002. The useful life of the asset is 9 years and it can realize $13,400 at the end of 9 years. On Jan 01, 2006, the company reassessed the useful life of this machiney to be 11 years, while the salvage value remained the same.
On Oct 01, 2005, the company bought an equipemt, which was expected to be used a total of 46,000 machine hours (MH) The equipment was used as per the below mentioned schedule:
2005 $ 1,730
2006 $ 4,200
2007 $ 3,100
2008 $ 4,600
2009 $ 5,900
2010 $ 7,070
At the end of 2010, the company assessed that its original estimation was wrong and the equipment is expected to work only 12,000 more machine hours. During 2011, the equipment was used for 4,800MH, 2012 5,300MH, and rest of the hours were used in 2013.
Prepared a schedule of the machinery and equipment account together.
Show your working notes properly.
Hint: For presentation purpose, you can give numbering to the machinese,
In: Accounting
ABC company's vice president of marketing proposes a new program to significantly increase product sales by 250,000 units per year throughout the 1998-2004 period. Specifically, it is suggested that the company take the following actions: A. Spend $2.5 million over the period of 1998-2000 as promotional expenditures - for example, spend $1.0 million each in the years 1998, 1999, and $0.5 million in the year 2000. B. Make a one-time investment of $1.4 million in plants and equipment needed at the beginning of 1998 to generate these additional products. No new warehouse capability is needed. This investment is to be depreciated on a straight-line basis over the seven-year period. There will be no salvage values for these plants and equipment in 2005. It is further assumed that the product unit cost is $8.00 in 1998, and it is estimated to increase by 3 percent per year. The product unit price is $20 in 1998, and it is estimated to change as manifested in the following table: Items 1998 1999 2000 2001 2002 2003 2004 Unit Price $20.00 $20.60 $21.00 $21.15 $21.25 $21.25 $21.00 The SG&A expenditure is estimated at $1.25 million in 1998, and it will increase by 3 percent per year during the six-year period. A corporate tax of 40 percent must be paid for any marginal income. There is an interest charge during this period, and the company's weighted average cost of capital (WACC) is 8 percent. If the company's hurdle rate for this type of investment is 25 percent, and the NPV (Net Present Value) for the proposed marketing initiative is negative at that hurdle rate of 0.25, why would you not recommend the marketing initiative be approved? Explain in depth.
In: Accounting
If a velocity profile of a boundary layer is u= a+by+cy^2, please calculate the value of a, b and c, using the boundary conditions.
Please show all steps. I am trying to understand the process. Thank you (:
In: Mechanical Engineering
Macroeconomics
Aggregate demand/supply
Since Brexit, the United Kingdom (UK) and the European Union (EU) have been negotiating a new relationship. The success of the UK economy in benefitting from this new relationship depends very significantly on the government of UK instilling confidence in people that this new relationship will not significantly diminish UK access to EU markets, thereby generating positive expectations about the UK's future. Why? Explain using appropriate graphs. Note there is both a domestic and an international dimension to this analysis.
In: Economics
A United Kingdom firm is planning to hedge an import payment of USD 10 million dollars due in 9 months (i.e. the firm will expect to pay the US $10 million in 9 months-time). The spot rate is 1 UK = 1.25 USD. Note: UK = UK pounds. USD = US Dollars. The 9-month forward rate is 1 UK = 1.2575 USD. The nine-month interest rate for borrowing (and lending) in the United Kingdom (UK) is 1.00% p.a. and in the United States (US) is 2.60% p.a. respectively. All interest rates are continuously compounded rates. Required: What is the best way for the company to hedge its future USD payment or cash outflow? Of the two possible alternative options to hedge the USD payment how much better off in UK pounds are you under the best option at time t = 9 months hence? Assume the firm can borrow or lend UK pounds and / or US dollars at the interest rates quoted above and also transact at the quoted spot and forward rates. If necessary state any other assumptions you make.
a. option one .. option two .. b. How much better off in UK pounds are you under the best option at time t = 9 months hence?
In: Finance
Mr. Smith is a resident of the UK. Last year he sold an apartment in Germany. According to the DTC between UK and Germany income derived from immovable property is taxable in the Contracting State in which the property is situated (Article 6). Besides this, Article 13(1) of the same DTC provides that gains arising on the disposal of immovable property are taxable in the Contracting State in which the property is situated. Finally, Article 23 of the tax treaty regarding the exemption method provides as follows:
‘a) Income and property other than that referred to below in point (b) of this paragraph shall be exempt from the UK taxes referred to in Article 2(3)(b), where that income or property may be taxed in Germany under this convention.
b) Notwithstanding the provisions of points (a) and (b) of this paragraph, UK tax on the part of income which is taxable in UK under this convention may be calculated at the rate of tax corresponding to the total amount of taxable income in accordance with UK tax legislation’.
Due to the sale of the apartment, Mr. Smith acknowledged a loss of 500 000 EUR in his income tax return. He stressed that he did not have any income in Germany form which he could deduct the loss. However, in the UK he had capital gains from the sale of shares of 1.000 000 EUR. The UK Tax Agency did not allow him to deduct the losses, which he sustained on the sale of immovable property in Germany from the income charged to tax in the UK.
What are the arguments of each party to support their position?
In: Accounting
Describe:
-The reasons why the turbulent kinetic energy dissipation rate terms require particular modeling close to the wall.
-The required boundary conditions for the turbulent kinetic energy equation
-The detailed required boundary conditions for the pressure equation.
In: Mechanical Engineering
Selected balance sheet account balances are: VIZQUEL COMPANY
December 31
2002 2001
Cash $ 200,000 $ 300,000
Accounts Payable 60,000 80,000
Accounts Receivable 180,000 140,000
Salaries Payable 12,000 6,000
Land 120,000 140,000
Merchandise Inventory 100,000 160,000
Prepaid Rent 50,000 45,000
Unearned Consulting Revenue 70,000 50,000
Income statement items for the year are:
Sales $800,000
Consulting Fees $200,000
Cost of Goods Sold 400,000
Salary Expense 90,000
Depreciation Expense 40,000
Rent Expense 100,000
1. Cash collections from customers during 2002 amounted to:
2. Cash received from consulting services during 2002 was:
3. Total cash collected amounted to:
4. Cash payments to suppliers for merchandise inventory during 2002 amounted to:
5. Cash payments for salary during 2002 amounted to:
6. Cash payments for rent during 2002 amounted to:
7. Cash payments for depreciation during 2002 amounted to:
8. Total cash paid for operating activities amounted to:
9. Cash from operating activities during 2002 is:
10. Net income for Vizquel Company for 2002 is:
In: Accounting