Questions
On completing his MBA, James sees a possibility to make a profit selling computers. he has...

On completing his MBA, James sees a possibility to make a profit selling computers. he has the opportunity to buy a job-lot of computers for 50,000 Euros, and he can buy a shop lease with two years to run for 5,000 Euros and pay an annual rent of 6,000 Euros. He happens just to have inherited 60,000 Euros, so he starts a company and puts the money in as a share capital

During the first year he sells 30,000 Euros of computers for 45,000 Euros. During the second year he sells no computers at all, and at the end of the year he sells the remaining inventory for 1000 Euros and liquidates the company.

Tasks

a. Calculate his accounting profit for each of the two years of operations (IFRS)

b. Explain why the assumptions made at the end of the first year led to the wrong profit estimate

c. What are the consequenses of the assumptions that proved to be incorrect.

In: Accounting

Torts R Us is a law firm formed by limited liability partnership law. The owners, all...

Torts R Us is a law firm formed by limited liability partnership law. The owners, all attorneys, have decided to have a manager-managed organization with Tanya Nordstrom chosen to be the manager. One of the partners, Simon, just purchased a $20,000 software package to assist the frim with their information technology needs without telling Tanya or getting her permission. Tanya has already chosen another software package and entered into a contract for the purchase of that software package on behalf of Torts R Us. Who is responsible for paying for the software Simon purchases?

In: Operations Management

Please, write code in c++. Using iostream and cstring library. Your friend is the person who...

Please, write code in c++. Using iostream and cstring library.

Your friend is the person who does not like any limitations in the life. And when you said to him that it is totally impossible to work with integer numbers bigger than 4 294 967 296 in C++ he blamed you in time-wasting during the university study.So to prove that you hadn't waste 2 months of your life studying C++ in university you have to solve this issue.
Your task is to write a program that which can add two integer numbers that are not more than 101000 to each other.
Your program have to implement void addVeryLongIntegers(char *a,char *b,char *c) function.

Note. The program have to use pointer.

Input:
First line contains a and b numbers that are not bigger that 101000

Output:
The sum of a and b.

example:

input:

222222222222222222222 111111111111111111111

4958439238923098349024 1

output:

333333333333333333333

4958439238923098349025

In: Computer Science

Jeremy earned $102,100 in salary and $8,100 in interest income during the year. Jeremy’s employer withheld...

Jeremy earned $102,100 in salary and $8,100 in interest income during the year. Jeremy’s employer withheld $11,200 of federal income taxes from Jeremy’s paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremy qualifies to file as head of household and has $32,700 in itemized deductions. (Use the tax rate schedules.)

A.) Determine Jeremy's tax refund.

B.) Assume that in addition to the original facts, Jeremy has a long-term capital gain of $14,050. What is Jeremy's tax due including the tax on capital gain?

C.) Assume that the original facts except that Jeremy only had $7,000 in itemized deductions. What is Jeremy's tax due?

In: Accounting

Q3: Which of the following are tax preference items for purposes of computing the individual AMT?...

Q3: Which of the following are tax preference items for purposes of computing the individual AMT?

a. Net long-term capital gain

b. Excess depreciation for real property placed in service before 1987

c. Straight-line depreciation on residential real estate acquired in 1992

d. Appreciated portion of the value of capital gain real property contributed to charity

Q4:Which of the following are individual AMT adjustments?

a. Itemized deductions that are allowed for regular tax purposes but not allowed in computing AMTI.

b. Excess of MACRS depreciation over depreciation computed under the alternative depreciation system for real property placed in service after 1986 and before 19

C. Excess of MACRS depreciation over depreciation computed under the alternative depreciation system for personal property placed in ser-vice after 1986.

d. Tax-exempt interest earned on State of Michigan bonds.

Q17: What types of business property qualify for the business energy credit?

Q24: The adoption credit is intended to assist taxpayers with the financial burden of adopting children. a. Discuss how the credit is computed. b. Why did Congress impose a phase-out of the credit for taxpayers based on AGI

Q26: Why are most elderly people unable to qualify for the tax credit for the elderly?

Q31: Although Virginia is entitled to five personal and dependency exemptions on her income tax re-turn, she claims only one withholding allowance on Form W

a. Is it permissible to claim fewer allowances than an individual is entitled to?

b. Why would an individual claim fewer allowances?

c. Is it possible for Virginia to claim more than five withholding allowances

In: Accounting

The individual health insurance market covers most people who have health insurance. covers a small percentage...

  1. The individual health insurance market
    1. covers most people who have health insurance.
    2. covers a small percentage of people with health insurance.
    3. is used by employers for their employees.
    4. has been eliminated by the Affordable Care Act
  2. The claims experience of an insurer’s enrollees does not include
    1. the benefits available to the enrollees.
    2. the demographic characteristics of the enrollees.
    3. the cost-containment provisions of the health plan.
    4. the insurer’s administrative costs.

In: Economics

Oncology Ethics Cases Individual Case Case One: Who Decides About "Juanita"? This patient is 9 years...

Oncology Ethics Cases
Individual Case

Case One: Who Decides About "Juanita"?

This patient is 9 years old and has advanced AML (Leukemia). She was originally treated in her hometown in south Texas, but failed to respond to any of four regular and experimental chemotherapy protocols. Her pediatrician, in consultation with a major pediatric center, has advised this family, that there is one other possible treatment to consider--a bone-marrow transplant (BMT). This will involve traveling to the pediatric center, and remaining there for several months. After talking with their pediatrician about the potential risks and benefits, as well as the cost of BMT treatment, the parents decided not to choose it. Their pediatrician indicated that such treatment was the "last, best hope" she could offer Juanita. The family refused, and was reported to Child Protective Services, who sought an order from Family Court, that required them to go to the pediatric center for the BMT. The judge stated that she believed the family had a "moral and legal obligation" to try this treatment. The family complied with the order, even though it was very difficult, and required them to take other small children with them. The screening revealed no "exact match" for BMT, but it was done, using the closest match available (from the mother). This treatment proved ineffective and the oncologists said they could try the BMT again, but with little hope of success. Juanita asked to go home where "she could be with her family and her friends, for as long as she lived". Her parents agreed and asked to go home.

In view of the court order, the physicians and the parents asked for a meeting with the Ethics Committee to review the case. The physicians did not oppose the parents' wishes, but wanted further direction, as to the next appropriates steps to be taken. The Ethics Committee and the hospital legal counsel met with the parents and physicians.

Some of the questions the physician wants to raise include:

  1. What is the physician’s primary ethical obligation to this patient?
  2. How might the physician proceed to deal with the conflict in this case?

In addition,

  1. What questions from the Four Topics Chart relate to Juanita’s case?

NOTE:           Be sure to provide a brief response to all three questions.

This quiz/activity is worth 5 points and your responses submitted are confidential. I would like to see your thoughts without regard to there being a right or wrong point of view. Feel free to relate any cultural and/or philosophical considerations you may have.

In: Nursing

An Australia mining company, QMC is thinking about opening a new gold mine in South Africa....

An Australia mining company, QMC is thinking about opening a new gold mine in South Africa. The mine is expected to produce 100,000 ounces of gold per year for 5 years. The current price of gold is US$1700 per ounce and the company will hedge its sales at this price for the 5-year period. The mine is expected to cost A$ 100,000,000 to set up and extraction costs are expected to be US$1350 per ounce for the life of the mine. The appropriate discount rate is 0.15. The current exchange rate is US$ 0.73 /A$. Profits are taxed at 30%. In order to decide the viability of this project, QMC needs to know the NPV. Calculate the NPV to the nearest dollar.

In: Finance

16.1In the 1920s, Mohandas Gandhi showed the people of India how to use Henry David Thoreau’s...

16.1In the 1920s, Mohandas Gandhi showed the people of India how to use Henry David Thoreau’s ideas about “civil disobedience,” the nonviolent resistance of unjust laws and policies, to win their country’s independence from the British Empire. 2In 1955, the Reverend Martin Luther King Jr. led a bus boycott in Alabama founded on the principles of civil disobedience, which led to the civil rights movement of the 1960s. 3During that same decade, people who opposed the Vietnam War engaged in nonviolent demonstrations modeled on Thoreau’s ideas. 4Since the 1970s, adversaries of nuclear weapons and nuclear power have used civil disobedience tactics for their protests at test sites, storage facilities, government offices, and power plants. 5Thoreau’s concept of civil disobedience has also influenced how activists have battled since the 1980s against the racial segregation that has divided blacks and whites in South Africa.(a) What is the topic of the reading?a. Mohandas Gandhi and Henry David Thoreaub. Henry David Thoreauc. Thoreau’s influence on acts of civil disobedienced. the civil rights movement of the 1960s

(b) If there is a topic sentence, please paraphrase it on the blanks below. If the main idea is implied, please write the implied main idea on the blanks below.________________________________________________________________________________________________________________________________

In: Economics

Tough-Built Corporation produces specialized truck body components, specializing in hydraulic lifts for dump trucks. Founded 35...

Tough-Built Corporation produces specialized truck body components, specializing in hydraulic lifts for dump trucks. Founded 35 years ago by George Halloway, the firm now employs 150 workers and has annual sales of over $10 million. George operates the firm in a highly centralized way, and retains control over all changes in operations. He is a regular visitor to the production area, which helps him "keep his finger on the pulse of the firm."
Although George Halloway is now 67 years old, he has no apparent management successor, and has always hand-picked his department heads and staff personnel. He has been generous to those who worked for him, paying substantial bonuses each year to the employees based on his personal evaluation of each worker. Just six weeks ago, a heart attack convinced George to consider retirement, and he decided to sell the firm to his employees. You are assigned the task of recommending a set of strategic performance measures for the firm, assuming that the new worker management wants to operate as a decentralized firm.

Required:

What major management problems do you foresee in the transition from sole owner to employee ownership?

In: Accounting