System on Chip designs are made possible by deep submicron technology. This technology
presents a whole set of design challenges including: (1) interconnect delays, (2) clock and
power distribution, and (3) the placement and routing of millions of gates. Explain in
details your answer.

Que: Technology has changed our lives in many ways. Think of a development in technology, such as the widespread use of cellular phones or the availability of the Internet. Write an essay in which you explain the causes and effects of this development on our lives.

(Answered need to be in soft copy only)

Identify a disruptive technology that has emerged during your life.

• What was the technology?

• In what ways did it affect people's lives positively? Negatively?

• In what ways did it affect the OSCM?

1. Technology cycle begins with the birth of a new technology. True or false?
2. Unit goal setting is good for large-system intervention. True or false?
3. USA is the second highest for individualism. True or false?
4. Justin Bieber’s picture at a shrine, which offended many people in East Asia, was taken in China. True or false?
5. Quota is a direct tax on imported goods. True or false?
6. In South America, consumers were boiling Corn Flakes to give porridge-like consistency. True or false?

Buck had the following items for 2018. Calculate his adjusted gross income (AGI) for 2018. Write down how each of the following items impacts the AIG and calculate the AGI.

Buck and his ex-wife divorced in 2010.

If an item increases the AGI, write the positive number. If an item decreases the AGI, write the negative number. If an item does not impact the AGI, write 0. For instance, he had wages of $80,000. Write 80,000 or 80000.

                        Wages                                                             $80,000

                        Interest income from corporate bonds           $27,000

                        Alimony paid to her ex-wife                          $2,000

                        Itemized deductions                                       $8,000

                       Standard Deduction                                       $12,000

                        Cash gift from grandma                                 $8,000

a) How does the interest income from Corporate bonds impact his AGI?

B. How does the alimony paid impact his AGI?

(c) How do his itemized deductions impact his AGI?

(d) How does the Standard deduction impact his AGI?

How does the cash gift impact his AGI?

(f) What is his AGI?

ABC CORP

BALANCE SHEET

December 31, 2010

Cash $ 100

Marketable Securities 0

Accounts Receivables 2,000

Inventory 140

Fixed Assets ( net ) 2,000

Total Assets

=====

Accounts Payable $ 2,380

Notes Payable 0

Retained earnings ?

Common Stock 1,400

Total of Both Liabilities & Equity =====

For the year ended 12/31/10 ABC CORP generated Sales of $12,000 and Net Income of $120. The net profit margin this year is considered normal by ABC CORP. Cost of Goods Sold was $8,400 in 2010. Cost of Goods Sold consistently averages seventy per cent of Sales, and will continue to do so in the future. Depreciation Expense was $500 in 2010. No Depreciation Expense was, or ever will, be included in Cost of Goods Sold. Fixed Operating Costs, excluding Depreciation Expense, were equal to $1,200 for 2010. These Fixed Operating Costs included all utilities, all insurance, all rent, all property taxes, and all labor charges. Fixed Operating Costs (other than depreciation expense) are paid for immediately, as they are incurred. Fixed Operating Costs were spread evenly throughout the year 2010. With regard to the size and timing of these costs, it is anticipated that the experience of 2010 will be repeated in 2011. Therefore, we anticipate cash payments associated with Fixed Operating Costs to equal $100 per month in 2011. Because of losses in recent years at ABC Corp and the loss carry forward provisions of the tax code there were no income taxes paid in 2010, and it is anticipated in 2011 that no income tax payments will be made.

Interest paid in 2010 was $40 and dividends paid in that same year were $60 Interest payments are made monthly and dividends are paid at the end of every quarter. The next dividend payment is scheduled for March 2011. The dividend payout ratio in 2010 is considered normal for ABC CORP. The annual interest rate for bank borrowing is six percent per year (one-half of one per cent per month). Interest paid in the current month is based on the previous month’s balance in Notes Payable.

The target cash balance for the end of any current month is equal to ten percent of next month’s sales.

Target ending inventory at the end of any current month is equal to twenty percent of estimated cost of goods sold for the next month. All purchases of inventory are paid for in the month following purchase. The entire balance of Accounts Payable, at any given point in time, represents the purchase of inventory which has not yet been paid for. One-half of all sales are collected in the month of sale, the remainder in the following Month. The sales forecast for the first four months of 2011 is

January $1,000

February 800

March 3,200

April 2,000

Sales for October, November and December of the year 2010 were $2,000 $2,000 and $4,000, respectively.

It is the policy of the company to repay bank borrowing as soon as possible; if money is not needed for this purpose, then investments of marketable securities are made. Marketable Securities should be liquidated to satisfy any subsequent need for cash flow before any new bank borrowing is done. The annual yield on marketable securities is three per cent (one-quarter of one percent per month). Interest payments to the firm are based on the previous month’s balance in Marketable Securities.

On the next two pages, you will find a partially completed Cash Budget. Some numbers are filled in for your convenience. For only the month of January 2011, you are to fill in missing amounts in this Cash Budget. When you answer to this requirement remember to write zero if you mean zero because a blank will not be interpreted as zero.

ABC CORP

BALANCE SHEET

December 31, 2010

                        Cash                                                            $   100

                        Marketable Securities                                          0

                        Accounts Receivables                                     2,000

                        Inventory                                                          140

                        Fixed Assets ( net )                                          2,000

                        Total Assets                                                    

                                                                                           =====

                        Accounts Payable                                             $ 2,380

                        Notes Payable                                                             0

                        Retained earnings                                                 ?

                        Common Stock                                                      1,400

                        Total of Both Liabilities & Equity                      =====

For the year ended 12/31/10 ABC CORP generated Sales of $12,000 and Net Income of $120. The net profit margin this year is considered normal by ABC CORP. Cost of Goods Sold was $8,400 in 2010. Cost of Goods Sold consistently averages seventy per cent of Sales, and will continue to do so in the future. Depreciation Expense was $500 in 2010. No Depreciation Expense was, or ever will, be included in Cost of Goods Sold. Fixed Operating Costs, excluding Depreciation Expense, were equal to $1,200 for 2010. These Fixed Operating Costs included all utilities, all insurance, all rent, all property taxes, and all labor charges. Fixed Operating Costs (other than depreciation expense) are paid for immediately, as they are incurred. Fixed Operating Costs were spread evenly throughout the year 2010. With regard to the size and timing of these costs, it is anticipated that the experience of 2010 will be repeated in 2011. Therefore, we anticipate cash payments associated with Fixed Operating Costs to equal $100 per month in 2011. Because of losses in recent years at ABC Corp and the loss carry forward provisions of the tax code there were no income taxes paid in 2010, and it is anticipated in 2011 that no income tax payments will be made.

Interest paid in 2010 was $40 and dividends paid in that same year were $60 Interest payments are made monthly and dividends are paid at the end of every quarter. The next dividend payment is scheduled for March 2011. The dividend payout ratio in 2010 is considered normal for ABC CORP. The annual interest rate for bank borrowing is six percent per year (one-half of one per cent per month). Interest paid in the current month is based on the previous month’s balance in Notes Payable.

The target cash balance for the end of any current month is equal to ten percent of next month’s sales.

Target ending inventory at the end of any current month is equal to twenty percent of estimated cost of goods sold for the next month. All purchases of inventory are paid for in the month following purchase. The entire balance of Accounts Payable, at any given point in time, represents the purchase of inventory which has not yet been paid for. One-half of all sales are collected in the month of sale, the remainder in the following Month. The sales forecast for the first four months of 2011 is

January                                                $1,000

February                                                   800

March                                                  3,200

April                                                     2,000

Sales for October, November and December of the year 2010 were $2,000 $2,000 and $4,000, respectively.

It is the policy of the company to repay bank borrowing as soon as possible; if money is not needed for this purpose, then investments of marketable securities are made. Marketable Securities should be liquidated to satisfy any subsequent need for cash flow before any new bank borrowing is done. The annual yield on marketable securities is three per cent (one-quarter of one percent per month). Interest payments to the firm are based on the previous month’s balance in Marketable Securities.

On the next two pages, you will find a partially completed Cash Budget. Some numbers are filled in for your convenience. For only the month of January 2011, you are to fill in missing amounts in this Cash Budget. When you answer to this requirement remember to write zero if you mean zero because a blank will not be interpreted as zero.

Question 4
Diana and Nolothando have operated a clothing business called Fabulous Fashions for the past few years. The two became friends after meeting at a fashion design course in their first year of study. Shortly after qualifying in 2007, the two decided to combine their immense talent and flair for fashion and began producing their own designs through a partnership. The partnership began trading on          1 January 2008 and profits and losses were shared equally between the partners. The partners use fixed capital accounts.
Prior year statement of financial position
The following is the statement of financial position of Fabulous Fashion as at 31 December 2009.
Statement of financial position of Fabulous Fashion as at 31 December 2009 Non- current assets: 446 000              Property, plant and equipment – cost 743 000              Property, plant and equipment – accumulated – accumulated       depreciation (297 000) Current Assets: 929 000 Inventory 543 000 Trade receivable 274 000 Bank 112 000 1 375 000 Total Assets Equity 1 084 500          Capital account : Diana 225 000          Capital account: Nolothando 225 000          Current account: Diana 356 000           Current account: Nolothando 278 500 Current liabilities 290 500 Trade payables 73 000 Short – term loan (10% per annum) 217 500 Total equity and liabilities 1 375 000

Admission of a new partner
In January 2017 Tharuna, Diana’s neighbour, returned home after spending two years working for fashion house in Milan. Inspired to begin producing her own designs, she approached Diana and Nolothando and asked to join Fabulous Fashions. The Partners agreed and admitted Thaurana to the partnership on 1 January 2010, knowing that Thaurana would assist considerably in bringing their designs in line with overseas trends.

Page 13 of 21

On 1 January 2010 the fair value of the assets and liabilities of Fabulous Fashions were as follows:
Goodwill ? Property, plant and equipment 566 000 Trade receivable 244 000

a) Tharuna would be entitled to 20% of the profit and losses of the new partnership. Nolothando and Diana would each be entitled to 40% of the profits and losses. b) Tharuna contributed R254 900 in cash, which included an amount of R20 000 relating to her share of goodwill in the partnership.    c) The new partnership would be called Fabulous International Fashions, and would continue to use the books of the previous partnership. d) Capital account balances would attract interest at a rate of 5% per annum.     
Dissolution of partnership
During the 2010 financial year, inspired by Tharuna’s stories of working overseas, Nolothando and Diana began to feel that they too wanted to spend some time working in a foreign country.
Nolothando was offered a job designing women’s clothes at DKNI and Diana was offered a position in Zurich to work as a designer for the national soccer team. It was decided that the partnership would dissolve, by way of a simple dissolution on 31 December 2010, and that Tharuna would continue to run the business as a sole proprietor.
The net profit earned by Fabulous International fashions for the year ended 31 December 2010, was R636 745. No drawings were made and no additional capital contributions were granted during the year.
Tharuna undertook to purchase the inventory and equipment from the partnership for an amount of R2, 6 Million on 31 December 2010. The debtors balance was recovered in full as it related to only one debtor who settled his account on 1 January 2011. The short-term loan needed to be repaid up on dissolution of the partnership and full trade payables balance was settled. Dissolution costs amounted to R15 000.
Current year statement of financial position
The following is an extra of the statement of financial position of fabulous fashions as at 31 December 2010.
Statement of financial position of Fabulous Fashions as at 31 December 2010 (extract) Non – current assets:        Goodwill ?

Page 14 of 21

       Property, plant and equipment – cost 566 000        Property, plant and equipment – accumulated depreciation (113 000) 3 309 645 Current Assent:            Inventory 2 080 000            Trade receivables 460 000           Bank 769 645 Total assets ? Equity ? Current liabilities: 1 696 500       Trade payables 1 278 500        Short term loan (10% per annum) 418 000 Total liabilities

Required:
1) Calculate the goodwill to be recognised on 1 January 2010 when the new partnership, Fabulous International Fashions, is formed.   (1.5 marks) 2) Discuss what goodwill is. Given an example of what Fabulous Fashions may have done that may have given rise to goodwill. 3) Prepare the journal entries required to record the admission of Tharuna to the partnership.     4) Prepare the equity section of the statement of financial position of Fabulous International Fashions at 31 December 2010, immediately prior to the dissolution. 5) Process the journal entries to account for the dissolution of Fabulous International Fashions.

Although medical technology brings numerous benefits, what have been some of the main challenges posed by the growing use of medical technology in the United States? less than 300 words

select a Health information technology related to precision medicine.

Describe the selected health information technology, what it does, why it will be beneficial, and what risk it may involved.

follow APA format