do you think that if a CFO is risk taking by nature she or he would do differently for capital investment programs and financial reporting behaviors? How a MBA-educated CFO vs. accounting-educated CFO would behave differently?

Sunland Co. began operations on January 2, 2020. It employs 17 people who work 8-hour days. Each employee earns 10 paid vacation days annually. Vacation days may be taken after January 10 of the year following the year in which they are earned. The average hourly wage rate was $20 in 2020 and $21.75 in 2021. The average vacation days used by each employee in 2021 was 9. Sunland Co. accrues the cost of compensated absences at rates of pay in effect when earned.

Prepare journal entries to record the transactions related to paid vacation days during 2020 and 2021

1. [6] Sixty percent of the student body at the University of British Columbia is from British Columbia, 30% percent are from other Canadian provinces and territories, and the remainder are international students. Twenty percent of students from British Columbia live in the dormitories, whereas 50% of students from other Canadian provinces and territories live in the dormitories. Finally, 80% of the international students live in the dormitories.

1. What percentage of University of British Columbia students live in the dormitories?

2. Given that a student lives in the dormitory, what is the probability that she/he is an international student?

3. Given that a student lives in the dormitory, what is the probability that she/he is from British Columbia?

You are the Director of Clinical Informatics at an academic medical center in the western United States. Part of your role is to oversee the patient portal which is considered part of the outpatient EHR. The center is planning to adopt and integrate a PHR with its EHR. The hospital CEO drafts of vision statement that states, “By using the latest technology, University Hospital will improve how our patients experience Health Care. Instead of patients coming to us for help, we will be there whenever and wherever they need us, asking, ‘How can we help you?’ This initiative will make healthcare easier to access and more convenient to use, improve patients’ health, and reduce the rising cost of healthcare in our area.”

What is your role in engaging populations to understand information about their health and how to access health information resources?

What steps would patients take to correct their data?

What barriers should this facility anticipate and rolling out the PHR, and what tactics should the organization take to overcome them?

Consider the following article from the January 17, 2020 edition of the Wall Street Journal entitled "Morgan Stanley Cuts CEO James Gorman’s Bonus"

Morgan Stanley paid its chief executive, James Gorman, $27 million for his work in 2019, a pay cut for a year when the bank’s revenue hit a record but its shares lagged behind those of rivals.

Mr. Gorman earned about $19 million in Morgan Stanley shares and another roughly $8 million in cash, including salary and bonus, according to a Friday securities filing.

The 61-year-old was already among the highest-paid U.S. bank bosses. His 2018 pay package, worth about $29 million, was topped only by JPMorgan Chase & Co.’s James Dimon, who runs a bank that is three times the size of Morgan Stanley and vastly more complex.

Mr. Gorman earned a base salary of $1.5 million, the same as a year ago; a cash bonus of $6.4 million, down from $6.9 million a year ago; $12.8 million in stock that is linked to how well the bank does over the next few years; and another $6.4 million in shares that he’ll collect regardless of performance.

At the urging of shareholders and regulators, banks since the financial crisis have tied more of their executives’ pay to performance and deferred more of it into the future.

Morgan Stanley in 2019 posted an annual profit of $9 billion on a record $41 billion revenue. Mr. Gorman has delivered on financial metrics he set out to investors, including minimum profitability in its wealth-management division and firmwide return targets. On Thursday, he set new targets—though some analysts said they weren’t ambitious enough.

In setting Mr. Gorman’s pay, the company said that it took into account his long-term strategy and the bank’s “strong financial performance.”

Shares of Morgan Stanley gained 26% in 2019, lagging behind the S&P 500 and most of its big-bank peers. It is off to a stronger start this year, gaining 6.6% Thursday in its biggest single-day gain since the 2016 presidential election.

Who is the agent in this situation? Who are the principals? Use agency theory to explain the motivation behind tying Mr. Gorman's pay to performance.

6. In a recent study investigating a possible genetic link between individuals’ susceptibility to developing symptoms of AIDS, 549 men who had been diagnosed HIV positive were classified according to whether they carried two particular alleles (DRB1*0702 and DQA1*0201). The results were as follows:

Condition of individual Free of symptoms Early symptoms Suffering from AIDS

Alleles present 24 7 17

Alleles absent 98 93 310

Use these results to test whether there is an association between the presence of the alleles and the classification into the three AIDS statuses.

Investor who earns $80,000 per year has a stock and bond portfolio worth about $100,000. Some of her investments have substantially appreciated in value and some have declined in value. Investor generally makes several charitable gifts to her church and her college alma mater.

1) From a planning perspective, what advice do you have for Investor?

2) What are the tax consequences if Investor is 73 years old and if some of the stock and bonds given are in Investor’s Individual Retirement Account (I.R.A.)? See §408(d)(8)

Your US based company exports drendels to the rest of the world. The world market for drendles is highly competitive (so competitive that changes in production in the US do not impact the world price). The current price of a drendle is €100/drendle. Company's cost fix is C(q) =50,000+50q+0.02q² in US dollars. If the exchange rate is $1.20/€ how much profit in US dollars does your firm make?

Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms, parks, commercial projects, and private lawns. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that performs installation and warranty servicing in six metropolitan areas. The mission of Waterways is to manufacture quality parts that can be used for effective irrigation projects that also conserve water. By that effort, the company hopes to satisfy its customers, perform rapid and responsible service, and serve the community and the employees who represent them in each community. The company has been growing rapidly, so management is considering new ideas to help the company continue its growth and maintain the high quality of its products. Waterways was founded by Will Winkman who is the company president and chief executive officer (CEO). Working with him from the company’s inception is Will’s brother, Ben, whose sprinkler designs and ideas about the installation of proper systems have been a major basis of the company’s success. Ben is the vice president who oversees all aspects of design and production in the company. The factory itself is managed by Todd Senter who hires his line managers to supervise the factory employees. The factory makes all of the parts for the irrigation systems. The purchasing department is managed by Helen Hines. The installation and training division is overseen by vice president Henry Writer, who supervises the managers of the six local installation operations. Each of these local managers hires his or her own local service people. These service employees are trained by the home office under Henry Writer’s direction because of the uniqueness of the company’s products. There is a small human resources department under the direction of Sally Fenton, a vice president who handles the employee paperwork, though hiring is actually performed by the separate departments. Teresa Totter is the vice president who heads the sales and marketing area; she oversees 10 well-trained salespeople. The accounting and finance division of the company is headed by Ann Headman, who is the chief financial officer (CFO) and a company vice president; she is a member of the Institute of Management Accountants and holds a certificate in management accounting. She has a small staff of accountants, including a controller and a treasurer, and a staff of accounting input operators who maintain the financial records. A partial list of Waterways’ accounts and their balances for the month of November follows.

Need balance sheet, income statement, and Cost of Goods Manufactured Schedule

Select one of the mergers and acquisitions below:

Sirius XM acquires Pandora.

The yet to be concluded merger of Sprint, T-Mobile, and Metro PCS.

The merger of Strayer University and Capella University.

For your chosen scenario, address the following in your discussion post: How are the concepts of economies of scope and economies of scale different?

How do they differ within the context of your chosen scenario?

What are the synergies that come from the economies of scope?

What are the synergies that come from the economies of scale?