Six months into the project, the client reviews the progress and issues a stop-work order. The main issues identified during their review: There were different expectations about the complexity of graphics in course development and course materials. There were different opinions about the level of marketing required (marketing a course versus the entire academy, no post-course promos, etc.). There were issues with instructors. There were instances where instructors had rescheduled on multiple occasions or cancelled. There were concerns about the subject matter experts (SMEs). SMEs had been hired outside of the budgeted amount. There were also concerns about the SMEs not providing the level of technical writing expertise required, which resulted in having to hire additional technical writers. DRA PS addressed some of these concerns by removing the videotaping requirement during the analysis phase and removing the repeat courses that were going to be offered during the final contract year. By eliminating videotaping and repeat courses, the remaining courses to be developed and presented were stretched over the rest of the contract (2 ½ years). This means that instead of developing and offering the 15 courses using two teams in a staggered fashion over two years, DRA PS must reduce staff. Currently there are three senior instructional designers, six graphic artists, three document specialists, six technical writers, three subject matter experts, and two editors assigned to the teams. Your subject matter experts are consultants under contract. You don’t want to lose your staff, but you may have no choice but to let some go. 12 © 2008 Society for Human Resource Management. Marcia R. Gibson, Ed.D. Some of the employees resign when they hear the news. Three instructional designers quit and the remaining three are searching for new jobs. All your technical writers have résumés out to potential employers. Your senior graphics lead, a person you count on, has a job offer with another organization. What will you do to maintain a staff to meet the contractual changes and ensure a quality product? What can you do to retain your employees and instill confidence that the program is stable?
Answer the following:
1. What are your primary retention issues? What challenges do the existing recruitment and retention policies and guidelines create?
2. What can be done to retain existing employees? How will you motivate the current team?
3. How will you go about replacing the ones who have left (positions that are still needed)?
4. Create a communication plan to alleviate any further issues regarding retention and recruitment. How will you implement your strategy?
In: Operations Management
Scenario: You have been hired as an IT consultant by an entrepreneur starting a small advertising company called MilleniAds. As a start-up, your client’s company is relatively small and has a limited budget. There are only 10 employees, including a few creative directors, graphic designers, sales staff, a financial accountant, and an office administrator, with the entrepreneur acting as CEO. The current IT budget cannot exceed $25,000 and ideally should come in as far under that number as possible. MilleniAds will produce customized sales flyers, brochures, and other branded items, such as letterhead and business cards, that apply a youthful, fresh perspective targeting millennial demographics. Therefore, the company needs the ability to store and manipulate digital images and to produce physical copies of their products for their clients. The CEO wants to keep track of inventory, sales, and expenses digitally, but she does not anticipate having very complex records for the first year. She projects having only a dozen or so accounts but hopes to scale up in the coming years. It would be ideal to have a simple and user-friendly system for sharing information and files between employees. Many of the employees are millennials themselves who have indicated that their current desktop PCs are limiting their capabilities and that they prefer using their phones and other mobile devices for their professional and personal responsibilities. Two of the 10 employees will operate primarily outside of the office, soliciting business from regional firms, and they will need to access company information while on the road, in their home offices, and at customer sites. Beyond the specific information given above, you have the ability to fill in the gaps with assumptions or additional details that will make your final project unique and meaningful to you. If you have any questions, reach out to your instructor for guidance.
II. Hardware Components A. Examine the business’s issues to determine specific hardware requirements. Based on these issues, what are the major categories and components of hardware that should be considered? Identify each of the applicable requirements (hard drive storage, video cards, etc.), being sure to cite specific examples wherever appropriate. B. Then, compare and contrast the various options for meeting the requirements. Be sure to cite specific evidence from the component specification fact sheets to support your evaluation. What are their functional strengths and weaknesses? How do they compare in terms of cost and maintainability? C. Compose a final list detailing all of your specific hardware recommendations for your client. Be sure to logically justify your proposal as the best possible choice for meeting the business requirements.
In: Computer Science
Part B Matching Pairs
Complete all of the following 20 matching pairs in the table below by placing the letter of the correct description in the answer space beside the matching term.
One mark for each correct answer. Twenty marks total.
|
Term |
Answer |
Description |
|
Wage curve |
A. Activity-related soft tissue injuries of the neck, shoulders, arms, wrist, hands, back and legs |
|
|
Broadbanding |
B. A written allegation of a contract violation, filed by an individual bargaining union member, the union, or management |
|
|
Geocentric staffing policy |
C. The process of reducing, usually dramatically, the number of people employed by the firm |
|
|
D. Policies that align with the belief that the best manager for any specific position anywhere on the globe may be found in any of the countries in which the firm operates |
||
|
Balance sheet approach |
E. Stationing groups of striking employees, usually carrying signs, at the entrances and exits of the organization whose employees are on strike |
|
|
F. The employer makes unilateral changes in the employment contract that are unacceptable to the employee |
||
|
Vesting |
G. Reducing the number of salary grades and ranges into a few wide levels |
|
|
Grievance |
H. A graphic description of the relationship between the value of the job and the average wage paid for the job |
|
|
Burnout |
I. A plan in which the employer’s contribution to the employees’ retirement fund is specified |
|
|
Repetitive strain injuries |
J. A plan that contains a formula for determining retirement benefits |
|
|
Conciliation |
K. The total depletion of physical and mental resources caused by excessive striving to reach an unrealistic work-related goal |
|
|
Defined benefit pension plan |
L. An organized refusal of bargaining group members and supporters to buy the products or use the services of the organization whose employees are on strike |
|
|
Defined contribution pension plan |
M. Fairness of the process used to make a decision |
|
|
Layoff |
N. Fairness of a decision outcome |
|
|
Downsizing |
O. A vote conducted by the LRB in which employees in a bargaining unit indicated by secret ballot, whether or not they want to be represented by a labour union |
|
|
Distributive justice |
P. Policies that align with the attitude that home-country managers are superior to those in the host country |
|
|
Procedural justice |
Q. Expatriate pay based on equalizing purchasing power across countries |
|
|
Wrongful dismissal |
R. An employee dismissal that does not comply with the law or a contractual agreement |
|
|
Constructive dismissal |
S. Employees who are citizens of the country where the parent company is based, who are sent to work in another country |
|
|
Picket |
T. The use of a neutral third party to help an organization and the union representing its employees to reach a mutually satisfactory collective outcome |
|
|
Boycott |
||
|
Distributive bargaining |
||
|
Expatriate |
||
|
Mediation |
||
|
Representation vote |
||
|
Pre-hearing vote |
In: Operations Management
For years Evo has supported athletic teams, but only recently did the Seattle-based e-commerce company launch a formal work team. Like many organizations, the online retailer of snowboard, ski, skate, and wake gear used team metaphors loosely to describe anything involving random groups of employees. But Evo got an education on real work teams when the company formed a team for its creative services employees.
The new group, which is comprised of a photographer, designer, and copy writer, is responsible for producing Evo’s magazine ads, promotions, and web site content. Although the individuals’ roles are not generally interchangeable, photographer Tre Dauenhauer might dabble in design, graphic designer Pubs One may write a few lines of copy, and copywriter Sunny Fenton might snap photos on occasion. Most team projects require a combination of eye-grabbing photos, clever words, and a compelling design, and the teammates are committed to a common purpose.
When the creative services team launched, group members moved into their own space, away from Evo’s chaotic, open-plan work areas. Being together every day enabled the team members to become better acquainted and move through the “forming” stage more quickly. But even with close quarters, Dauenhauer, One, and Fenton needed help navigating the conflict-ridden, storming stage of their team’s development. Before joining the team, they functioned individually and weren’t used to sharing power or making decisions as a group. To help the members learn to work together, Nathan Decker, director of e-commerce, became the team leader. As a skilled negotiator, Decker makes sure his talented trio steers clear of dysfunction and delivers the goods. Any time the team finishes a project, Decker brings members together for a post-mortem discussion—a method of reviewing what was learned, and how things could be executed differently. It’s here that the team members identify new routines and rituals to incorporate into their process for future improvement.
Due to Decker’s leadership and skillful negotiation of conflicts, members of the creative services team are learning how to communicate in ways never before possible. Having a skilled leader to facilitate work processes has helped build team cohesiveness and deliver a collective output that is greater than the sum of its parts.
1. What organizational dilemma was hurting Evo’s creative output, and how did management resolve the problem using teams?
2. How might Nathan Decker lead effectively as the team starts “norming”?
3. Can you relate the group performance factors of composition, size, norms, cohesiveness, and informal leadership to Evo?
In: Operations Management
Purpose: To strengthen and demonstrate your knowledge of the Immune and Lymphatic System and its systemic relationship in the body. The ability to apply this content and think systemically with physiology processes will benefit you as a healthcare student and practitioner.
Criteria for Success: To be successful you will make sure you complete diagrams as instructed in the tasks, including proper values (if required) on the x & y-axis as well as labeling those. You also need to make sure to list or provide explanation where necessary or where it is asked in the tasks. A successful submission would be very clear and easy to read and it would be easy to identify antibodies, immune responses, etc. For submission, you can submit them as a pdf or image from a phone if you are drawing these at home. I also suggest looking at the homework you have completed and the provided examples to help you in completing these tasks.
Case Studies Tasks:
Daniel: Susan and Joe had a wonderful little boy
named Daniel, bu he had been having an awful lot of bacterial
infections and he was barely a year old. It seemed that the
antibiotics cleared up one bacterial respiratory infection only to
have another follow shortly. The scary thing was that Daniel had
just fought of a case of pneumonia caused
by Pneumocystis carnii, a fungal infection that was usually found
in people with HIV. Waiting for the test
results of an HIV test for their little boy was one of the worst
experiences ever. Thank goodness it came back negative.
However, it seemed that their troubles were just beginning. After
this last lung infection, the fungal one, and
a negative HIV test, their doctor had ordered a number of other
blood tests, including a genetic test that
Susan didn’t fully understand. Apparently the doctor was worried
about Daniel’s immune system functions.
Susan had also met with a genetic counselor who collected a family
history of any immune disorders. The
details were vague, but Susan’s mother, Helen, knew that one of her
three brothers had died young from an
unexplained lung infection. Unfortunately, Grandma Ruth had passed
away a few years ago, leaving them
with numerous unanswered questions. Susan and Joe had an
appointment with their doctor that afternoon to go over the
results. When they arrived Dr. Dresdner led them into an office
where Ms. Henchey, the genetic counselor, waited. This can’t be
good, thought Susan. The doctor began by explaining that they had
analyzed Daniel’s blood and found that while he had normal levels
of B cells and T cells, his antibody levels were anything but
normal. The levels of
IgG, IgA, and IgE were very low, almost undetectable, and Daniel
had abnormally high levels of IgM and IgD.
It appears that his immune system failed to undergo immunoglobulin
isotype switching due to a CD40 ligand mutation in Daniel's
DNA.
Charlotte: A 60-year-old woman was fit and well until late in the summer she was out tending to her lovely tulip garden when she was stung on the back of her right hand by a pesky wasp. This was nothing new, unfortunately as she had been stung a couple times in the last two weeks. With in minutes after this sting Charlotte fell to the ground and looked as though she was becoming pale/grayish and was gasping for air. After five minutes it was getting worse, but likely a neighbor doctor rushed over and administered an epinephrine shot, which provided support until the ambulance could arrive.
Jessalyn: Jessalyn regularly goes in for blood transfusions. Jessalyn's blood type is O+. Normally her blood transfusions go well and her nurse, Traci, does a great job of double checking the blood type she is receiving. This time Traci is out of town and she gets a nurse who was able to skate through school doing the bare minimum and doesn't really care that much about his job. He doesn't double check the blood type for her transfusion and . . .
In: Biology
Consolidation several years subsequent to date of
acquisition—Equity method
Assume a parent company acquired a subsidiary on January 1, 2017.
The purchase price was $820,000 in excess of the subsidiary’s book
value of Stockholders’ Equity on the acquisition date, and that
excess was assigned to the following [A] assets:
| [A] Asset | Original Amount |
Original Useful Life |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Property, plant and equipment (PPE), net | $240,000 | 12 | years | |||||||||
| Patent | 240,000 | 8 | years | |||||||||
| License | 160,000 | 10 | years | |||||||||
| Goodwill | 180,000 | Indefinite | ||||||||||
| $820,000 | ||||||||||||
The [A] assets with definite useful lives have been depreciated or
amortized as part of the parent’s preconsolidation equity method
accounting. The Goodwill asset has been tested annually for
impairment, and has not been found to be impaired. The financial
statements of the parent and its subsidiary for the year ended
December 31, 2019, are as follows:
| Parent | Subsidiary | Parent | Subsidiary | |||
|---|---|---|---|---|---|---|
| Income statement | Balance sheet | |||||
| Sales | $4,800,000 | $1,300,000 | Assets | |||
| Cost of goods sold | (3,500,000) | (774,000) | Cash | $720,000 | $330,000 | |
| Gross profit | 1,300,000 | 526,000 | Accounts receivable | 1,130,000 | 280,000 | |
| Equity income | 120,000 | - | Inventory | 1,450,000 | 500,000 | |
| Operating expenses | (720,000) | (340,000) | Equity investment | 1,800,000 | - | |
| Net income | $700,000 | $186,000 | Property, plant & equipment, net | 2,900,000 | 780,000 | |
| Statement of retained earnings | $8,000,000 | $1,890,000 | ||||
| BOY retained earnings | 1,600,000 | 680,000 | Liabilities and stockholders' equity | |||
| Net income | 700,000 | 186,000 | Accounts payable | $760,000 | $122,000 | |
| Dividends | (360,000) | (36,000) | Accrued liabilities | 840,000 | 160,000 | |
| Ending retained earnings | $1,940,000 | $830,000 | Long-term liabilities | 2,150,000 | 430,000 | |
| Common stock | 610,000 | 190,000 | ||||
| APIC | 1,700,000 | 158,000 | ||||
| Retained earnings | 1,940,000 | 830,000 | ||||
| $8,000,000 | $1,890,000 |
a. Compute the Equity Investment balance as of January 1, 2019.
$Answer
b. Show the computation to yield the $120,000 equity income reported by the parent for the year ended December 31, 2019.
Do not use negative signs with your answers.
| Subsidiary net income | Answer | |
| Less: Amortization | Answer | |
| Less: Depreciation | Answer | Answer |
| Answer |
c. Show the computation to yield the $1,800,000 Equity Investment
account balance reported by the parent at December 31, 2019.
Do not use negative signs with your answers.
| Equity investment at 1/1/19 | Answer | |
| Answer | Answer | |
| Answer | Answer | Answer |
| Equity investment at 12/31/19 | Answer |
d. Prepare the consolidation entries for the year ended December
31, 2019.
| Consolidation Journal | |||
|---|---|---|---|
| Description | Debit | Credit | |
| [C] | Answer | Answer | Answer |
| Answer | Answer | Answer | |
| Equity investment | Answer | Answer | |
| [E] | Common Stock | Answer | Answer |
| APIC | Answer | Answer | |
| Answer | Answer | Answer | |
| Answer | Answer | Answer | |
| [A] | PPE, net | Answer | Answer |
| Patent | Answer | Answer | |
| Licenses | Answer | Answer | |
| Answer | Answer | Answer | |
| Answer | Answer | Answer | |
| [D] | Answer | Answer | Answer |
| Answer | Answer | Answer | |
| Patent | Answer | Answer | |
| Licenses | Answer | Answer | |
e. Prepare the consolidated spreadsheet for the year ended December
31, 2019.
Use negative signs with answers in the Consolidated column for Cost of goods sold, Operating expenses and Dividends.
| Consolidation Worksheet | ||||||||
|---|---|---|---|---|---|---|---|---|
| Parent | Subsidiary | Debit | Credit | Consolidated | ||||
| Income statement | ||||||||
| Sales | $4,800,000 | $1,300,000 | Answer | |||||
| Cost of goods sold | (3,500,000) | (774,000) | Answer | |||||
| Gross profit | 1,300,000 | 526,000 | Answer | |||||
| Equity income | 120,000 | - | [C] | Answer | Answer | |||
| Operating expenses | (720,000) | (340,000) | [D] | Answer | Answer | |||
| Net income | $700,000 | $186,000 | Answer | |||||
| Statement of retained earnings | ||||||||
| BOY retained earnings | $1,600,000 | $680,000 | [E] | Answer | Answer | |||
| Net income | 700,000 | 186,000 | Answer | |||||
| Dividends | (360,000) | (36,000) | Answer | [C] | Answer | |||
| Ending retained earnings | $1,940,000 | $830,000 | Answer | |||||
| Balance sheet | ||||||||
| Assets | ||||||||
| Cash | $720,000 | $330,000 | Answer | |||||
| Accounts receivable | 1,130,000 | 280,000 | Answer | |||||
| Inventory | 1,450,000 | 500,000 | Answer | |||||
| Equity investment | 1,800,000 | - | Answer | [C] | Answer | |||
| Answer | [E] | |||||||
| Answer | [A] | |||||||
| PPE, net | 2,900,000 | 780,000 | [A] | Answer | Answer | [D] | Answer | |
| Patent | [A] | Answer | Answer | [D] | Answer | |||
| Licenses | [A] | Answer | Answer | [D] | Answer | |||
| Goodwill | - | - | [A] | Answer | Answer | |||
| $8,000,000 | $1,890,000 | Answer | ||||||
| Liabilities and equity | ||||||||
| Accounts payable | $760,000 | $122,000 | Answer | |||||
| Accrued liabilities | 840,000 | 160,000 | Answer | |||||
| Long-term liabilities | 2,150,000 | 430,000 | Answer | |||||
| Common stock | 610,000 | 190,000 | [E] | Answer | Answer | |||
| APIC | 1,700,000 | 158,000 | [E] | Answer | Answer | |||
| Retained earnings | 1,940,000 | 830,000 | - | - | Answer | |||
| $8,000,000 | $1,890,000 | Answer | Answer | Answer | ||||
*This was the problem as is given to me :(
In: Accounting
An economist with a major bank wants to learn, quantitatively, how much spending on luxury goods and services can be explained based on consumers’ perception about the current state of the economy and what do they expect in the near future (6 months ahead). Consumers, of all income and wealth classes, were surveyed. Every year, 1500 consumers were interviewed. The bank having all of the data from the 1500 consumers interviewed every year, computed the average level of consumer confidence (an index ranging from 0 to 100, 100 being absolutely optimistic) and computed the average dollar amount spent on luxuries annually. Below is the data shown for the last 24 years.
Date X Y (in thousands of dollars)
1994 79.1 55.6
1995 79 54.8
1996 80.2 55.4
1997 80.5 55.9
1998 81.2 56.4
1999 80.8 57.3
2000 81.2 57
2001 80.7 57.5
2002 80.3 56.9
2003 79.4 55.8
2004 78.6 56.1
2005 78.3 55.7
2006 78.3 55.7
2007 77.8 55
2008 77.7 54.4
2009 77.6 54
2010 77.6 56
2011 78.5 56.7
2012 78.3 56.3
2013 78.5 57.2
2014 78.9 57.8
2015 79.8 58.7
2016 80.4 59.3
2017 80.7 59.9
Questions:
In: Statistics and Probability
The more costly and time consuming it is to export and import, the more difficult it is for local companies to be competitive and to reach international markets. As part of an initial investigation exploring foreign markets entry, 10 countries were selected from each of four global regions. The cost associated with importing a standardized cargo of goods by sea transport in these countries (in US$ per container) is stored in ForeignMarket2.
a) At the 0.05 level of significance, is there evidence of a difference in the mean cost of importing accross the four global regions?
b) If appropriate, determine which global regions differ in mean cost of importing.
d) Which global region(s) should you consider for foreign market entry? Explain.
| Country | RegionN | CosttoexportUS$percontainer | CosttoimportUS$percontainer |
| Singapore | 1.00 | 460 | 440 |
| Malaysia | 1.00 | 525 | 560 |
| Indonesia | 1.00 | 572 | 647 |
| Hong Kong SAR, China | 1.00 | 590 | 565 |
| Thailand | 1.00 | 595 | 760 |
| Vietnam | 1.00 | 610 | 600 |
| Taiwan, China | 1.00 | 655 | 720 |
| Philippines | 1.00 | 755 | 915 |
| Cambodia | 1.00 | 795 | 930 |
| China | 1.00 | 823 | 800 |
| Lithuania | 2.00 | 750 | 800 |
| Cyprus | 2.00 | 865 | 1010 |
| Montenegro | 2.00 | 985 | 985 |
| Turkey | 2.00 | 990 | 1235 |
| Bulgaria | 2.00 | 1375 | 1365 |
| Macedonia, FYR | 2.00 | 1376 | 1380 |
| Belarus | 2.00 | 1460 | 2265 |
| Romania | 2.00 | 1485 | 1495 |
| Ukraine | 2.00 | 1880 | 2455 |
| Russian Federation | 2.00 | 2401 | 2595 |
| Peru | 3.00 | 890 | 1010 |
| Chile | 3.00 | 910 | 860 |
| Costa Rica | 3.00 | 1020 | 1070 |
| Belize | 3.00 | 1355 | 1580 |
| Mexico | 3.00 | 1499 | 1888 |
| Jamaica | 3.00 | 1580 | 2180 |
| Argentina | 3.00 | 1770 | 2320 |
| Brazil | 3.00 | 2323 | 2323 |
| Colombia | 3.00 | 2355 | 2470 |
| Venezuela, RB | 3.00 | 3490 | 3695 |
| Egypt, Arab Rep. | 4.00 | 625 | 790 |
| Bahrain | 4.00 | 810 | 870 |
| Jordan | 4.00 | 825 | 1235 |
| Qatar | 4.00 | 927 | 1050 |
| Lebanon | 4.00 | 1080 | 1365 |
| Kuwait | 4.00 | 1085 | 1250 |
| Algeria | 4.00 | 1270 | 1330 |
| Saudi Arabia | 4.00 | 1285 | 1309 |
| Syrian Arab Republic | 4.00 | 1995 | 2410 |
| Iraq | 4.00 | 3550 | 3650 |
In: Statistics and Probability
Is the number of tornadoes increasing? In the last homework, data on the number of tornadoes in the United States between 1953 and 2014 were analyzed to see if there was a linear trend over time. Some argue that it’s not the number of tornadoes increasing over time, but rather the probability of sighting them because there are more people living in the United States. Let’s investigate this by including the U.S. census count (in thousands) as an additional explanatory variable (data in EX11-24TWISTER.csv).
Perform a multiple regression using both year and census count as explanatory variables. Write down the fitted model. Are year and census count respectively significant in the MLR model?
|
Year |
Tornadoes |
Census |
|
1953 |
421 |
158956 |
|
1954 |
550 |
161884 |
|
1955 |
593 |
165069 |
|
1956 |
504 |
168088 |
|
1957 |
856 |
171187 |
|
1958 |
564 |
174149 |
|
1959 |
604 |
177135 |
|
1960 |
616 |
179979 |
|
1961 |
697 |
182992 |
|
1962 |
657 |
185771 |
|
1963 |
464 |
188483 |
|
1964 |
704 |
191141 |
|
1965 |
906 |
193526 |
|
1966 |
585 |
195576 |
|
1967 |
926 |
197457 |
|
1968 |
660 |
199399 |
|
1969 |
608 |
201385 |
|
1970 |
653 |
203984 |
|
1971 |
888 |
206827 |
|
1972 |
741 |
209284 |
|
1973 |
1102 |
211357 |
|
1974 |
947 |
213342 |
|
1975 |
920 |
215465 |
|
1976 |
835 |
217563 |
|
1977 |
852 |
219760 |
|
1978 |
788 |
222095 |
|
1979 |
852 |
224567 |
|
1980 |
866 |
227225 |
|
1981 |
783 |
229466 |
|
1982 |
1046 |
231664 |
|
1983 |
931 |
233792 |
|
1984 |
907 |
235825 |
|
1985 |
684 |
237924 |
|
1986 |
764 |
240133 |
|
1987 |
656 |
242289 |
|
1988 |
702 |
244499 |
|
1989 |
856 |
246819 |
|
1990 |
1133 |
249623 |
|
1991 |
1132 |
252981 |
|
1992 |
1298 |
256514 |
|
1993 |
1176 |
259919 |
|
1994 |
1082 |
263126 |
|
1995 |
1235 |
266278 |
|
1996 |
1173 |
269394 |
|
1997 |
1148 |
272647 |
|
1998 |
1449 |
275854 |
|
1999 |
1340 |
279040 |
|
2000 |
1075 |
282224 |
|
2001 |
1215 |
285318 |
|
2002 |
934 |
288369 |
|
2003 |
1374 |
290447 |
|
2004 |
1817 |
293191 |
|
2005 |
1265 |
295895 |
|
2006 |
1103 |
298754 |
|
2007 |
1096 |
301621 |
|
2008 |
1692 |
304059 |
|
2009 |
1156 |
308746 |
|
2010 |
1282 |
309347 |
|
2011 |
1691 |
311722 |
|
2012 |
938 |
314112 |
|
2013 |
907 |
316498 |
|
2014 |
888 |
318857 |
In: Statistics and Probability
Part II: A Case Study in Chapter 13 Bankruptcy - Chapter 13: What Debts Are Dischargeable? In re Ryan - Read the case study below concerning Chapter 13 bankruptcy and answer the three questions at the end of the case study. Be certain to clearly identify your answers to all three questions and be complete in your responses. 389 B.R. 710 9th Cir. BAP, (Idaho, 2008) On July 13, 1995, Ryan was convicted of possession of an unregistered firearm under 26 U.S.C. §5861(d) in the United States District Court for the District of Alaska. Ryan was sentenced to fifty-seven months in prison followed by three years of supervised release. In addition, Ryan was ordered to pay a fine of $7,500…, costs of prosecution in the amount of $83,420, and a special assessment of $50.00. Ryan served his sentence. He also paid the $7,500 fine. The district court, following an appellate mandate, ultimately eliminated the restitution obligation. On April 25, 2003, Ryan filed a petition for bankruptcy relief under chapter 7 in the District of Idaho. He received his chapter 7 discharge on August 11, 2003. Shortly thereafter, Ryan filed a case under chapter 13, listing as his only obligation the amount of unpaid costs of prosecution owed to the United States (“Government”).… Ryan completed payments under the plan, and an “Order of Discharge” was entered on October 5, 2006. The chapter 13 trustee’s final report reflected that the Government received $2,774.89 from payments made by Ryan under his plan, but a balance of $77,088.34 on the Government’s costs of prosecution claim remained unpaid. Ryan then renewed his request for determination of dischargeability. The bankruptcy court held that the unpaid portion of the Government’s claim for costs of prosecution was excepted from discharge by § 1328(a)(3). Ryan appealed. The Court concluded that the exception to the discharge included in [Chapter 13] for “restitution, or a criminal fine, included in a sentence on the debtor’s conviction of a crime” does not cover costs of prosecution included in such a sentence, and REVERSED the bankruptcy court’s judgment.
Case Questions 3. Why did the court decide that Ryan’s obligation to pay “costs of prosecution” was not precluded by the limits on Chapter 13 bankruptcies imposed by Congress?
In: Accounting