Questions
A proprietorship commenced operations on May​ 1,2020 and will have a calendar fiscal year. On June​...

A proprietorship commenced operations on May​ 1,2020 and will have a calendar fiscal year. On June​ 1, 2020​, the proprietorship acquired goodwill for $60,000.

What is the maximum CCA deduction of the goodwill for the year 2020​?

In: Accounting

In the world of Human Resources, the acronym "KSA" stands for Knowledge, Skills, and Abilities. Assessors...

In the world of Human Resources, the acronym "KSA" stands for Knowledge, Skills, and Abilities. Assessors apply it to evaluate candidates' qualifications in terms of the general requirements of a job, With this in mind, please identify the key advantage, in terms of knowledge, skills, or abilities, of each of the six candidates.

1. Atasi Das: Born in the United States, Das joined TCT nine years ago after earning her MBA from a university in New England. At 37, she has successfully moved between staff and line positions and assumed broader responsibilities in strategic planning. For two years, she was the assistant director of a midsized product group. Her performance regularly earns excellent ratings. Currently, she directs supply-chain logistics from TCT’s home office. Upon joining TCT, she stated her goal was to work internationally, pointing to her undergraduate major in international management. She has reiterated her interest in international responsibilities and her interest in continuing with TCT. She is open to looking for help opportunities elsewhere. She speaks Hindi and is unmarried. Her parents, who now live in the United States, are first-generation immigrants from India. She has relatives in India’s northern states, Kashmir and Punjab.

2. Brett Harrison: Harrison, 44, has spent 15 years with TCT, running both line activities and supervising staff centers. His superiors consider him a seasoned executive poised to move into upper-level management. For the past two years, he has worked in the Singapore-based Asian Regional Office, as director of strategic planning. He regularly tours TCT’s Asian operations. He and his wife, along with their two teenage children, have traveled to India a few times and are familiar with its geography, politics, customs, and outlooks. The Harrisons know other expats in Bengaluru. Mrs. Harrison works as the marketing director for the Singapore subsidiary of a Japanese pharmaceutical MNE. It presently has sales, but no operating unit in India.

3. Jalan Bukit Seng: Seng, 52, is the managing director of TCT’s laser printer manufacturing plant in Malaysia. A citizen of Singapore, he has worked in Singapore or Malaysia. He has regularly commuted to various TCT factories, helping to reset assembly systems and supervising equipment refits. He earned an undergraduate and MBA degrees from the National University of Singapore and speaks Singapore’s four official languages--Malay, English, Mandarin, and Tamil. His performance reviews are consistently positive, with a periodic ranking of excellent. Seng is unmarried but has family members in Singapore and Malaysia.

4. Ravi Desai: Currently an assistant managing director in TCT Japan, Desai oversees production units in Japan and South Korea. A citizen of India, he has spent his 15 years with TCT working in various operational slots throughout Asia. Now 37, he holds an MBA from the prestigious Indian Institute of Management. Some see him as a likely candidate to direct the Indian operation eventually. He is married, has two children (ages 2 and 7), and speaks English and Hindi well. His wife, also a native of India, neither works outside the home nor speaks English.

5. Saumitra Chakraborty: At 32, Chakraborty is the assistant to the departing managing director in India. He has held that position since joining TCT India upon graduating from a small private university in Switzerland eight years earlier. Unmarried, he consistently earns a job performance rating of excellent in customer relationship management. He has increased TCT India’s sales, largely owing to his social connections with prominent Indian families and government officials along with his skillfulness in the ways of the Indian business environment. Besides speaking India’s main languages of English and Hindi, Chakraborty is the only candidate who speaks Kannada (the local language of Bengaluru). Presently, he lacks line experience.

6. Tom Wallace: A 30-year veteran of TCT USA, Wallace has broad technical skills and sales experience. He worked with Gary Kent on supply-chain projects in the United States. Although he has never worked abroad, he has toured TCT’s foreign operations. He recently expressed interest in an expatriate slot. His superiors typically rate his performance as excellent. Wallace is set to retire in seven years. He and his wife speak only English. They have three adult children who live with their families in the United States. Presently, Wallace manages a U.S. unit that is a little larger than the present size of TCT India. The merger of his unit with another TCT division will eliminate his current position in nine months.

In: Operations Management

Many animals are in danger of extinction. One way to see the extent of the problem...

Many animals are in danger of extinction. One way to see the extent of the problem is to study the numbers of animals on the endangered species list. The following data show the numbers of endangered species for various groups of animals. The count is the total number of endangered species within the group. Thus, there are 37 mammals on the endangered species list within the United States and 249 others in the rest of the world.

Group United States Unites States and Foreign Foreign Only
Mammals 37 19 249
Birds 57 16 153
Reptiles 8 8 64
Amphibians 6 0 8
Fishes 55 3 11
Snails 12 0 1
Clams 50 0 2
Crustaceans 10 0 0
Insects 13 2 4
Arachnids 3 0 0

a. If you wanted to summarize these data for the United States in a single number, what number do you think would be the most meaningful? Why?

b. If you wanted to summarize the situation for endangered mammals worldwide, including the United States, what number do you think would be the most meaningful? Why?

c. Does the average of the numbers in the United States column have a useful interpretation? Explain.

d. Write a paragraph summarizing the information in the data set. Make use of the summary numbers you chose in parts (a) and (b).

In: Statistics and Probability

Should the United States increase competition within the public K-12 system, or should there be bigger...

Should the United States increase competition within the public K-12 system, or should there be bigger emphasis placed on tax reform and the redistribution of tax dollars between rich and poor school districts? What are the advantages or disadvantages of both? How might the United States achieve greater equalization in education?

In: Accounting

Please write about the Federal Reserve Bank and its management of the money supply in the...

Please write about the Federal Reserve Bank and its management of the money supply in the United States. How does the Federal Reserve manage the money supply in the United States? What actions does it take to increase and decrease the money supply? Include information about monetary policy and fiscal policy.

In: Accounting

Hi, can i get some explanation/clarification in this: 4. Elaborate on Ida Susser’s argument that the...

Hi, can i get some explanation/clarification in this:

4. Elaborate on Ida Susser’s argument that the concept of the United States itself has a history of shifting frontiers and contested boundaries. ( the article is about cultural Diversity in the United States and I can't seem to understand what it is asking me to do)

In: Psychology

It is well-documented that the United States consistently runs sizable current account deficits. What are the...

It is well-documented that the United States consistently runs sizable current account deficits. What are the long-term risks associated with running current account deficits? If you were able to influence policy decisions in the United States, what policies would you implement to minimize these long-term risks?

In: Finance

Consider the example of trade between the United States and Thailand described in the tables below....

Consider the example of trade between the United States and Thailand described in the tables below.

Country # of workers needed to
produce 1,000 units- Socks
# of workers needed to
produce 1,000 units- Cell Phones
United States 5 workers 1 worker
Thailand 6 workers 3 workers


Total Production Before Trade

Country Current Sock Production Current Cell Phone Production
United States 9,000 45,000
Thailand 7,500 15,000
Total 16,500 60,000

Suppose that each country currently has 90 workers and each decides to transfer some amount of labor toward its area of comparative advantage. The United States transfers 10 workers away from socks toward producing cell phones. Thailand transfers 18 workers away from cell phones toward producing socks.

What will be the new total output of cell phones for both countries combined?

In: Economics

Comparative advantage explains interindustry trade in di?erent goods between countries. How do economists explain intraindustry trade,...

Comparative advantage explains interindustry trade in di?erent goods between countries. How do economists explain intraindustry trade, that is, trade in the same industry between countries?Why might people in the United States want to buy German cars, and Germans want to buy cars from the United States?

In: Economics

The following is a random sample of the annual salaries of high school counselors in the...

The following is a random sample of the annual salaries of high school counselors in the United States. Assuming that the distribution of salaries is approximately normal, construct a 90% confidence interval for the mean salary of high school counselors across the United States. Round to the nearest dollar.

$55,250, $46,540, $42,120, $58,740, $38,010, $43,650, $65,640

In: Statistics and Probability