USM sells products it manufactures in the United States to unrelated foreign and U.S. customers who agree in a written installment debt obligation to pay the purchase price in installments over a period of 5 years. USM sells the installment obligations to Matterhorn for less than the unpaid principal balance on the obligations. Matterhorn either collects the obligations at maturity at face value or sells them to an unrelated party for more than it paid USM for them but less than their face value.
(a) What are the tax consequences of these transactions under Internal Revenue Code Sections 864(d), 951(a)(1)(A) and 954(c)?
(b) Would the result change in part (a) if Matterhorn loaned the funds directly to the unrelated foreign customers who used them to buy the products from USM for cash?
In: Accounting
How did the United States acquire the land it needed to build the Panama Canal? President Roosevelt threatened to attack Colombia with naval forces, using the term "the big stick" to describe how he would beat them down and take what he wanted Roosevelt bribed Colombian officials to get the deal done It agreed to buy the isthmus from Colombia John Hay negotiated a peaceful transfer treaty with Colombia The U.S. government lent covert assistance to "free" the region of Panama from Colombia
In: Economics
Taft Corporation operates primarily in the United States. However, a few years ago, it opened a plant in Spain to produce merchandise to sell there. This foreign operation has been so successful that during the past 24 months the company started a manufacturing plant in Italy and another in Greece. Financial information for each of these facilities follows:
| Spain | Italy | Greece | |||||||||
| Sales | $ | 213,000 | $ | 636,000 | $ | 486,000 | |||||
| Intersegment transfers | 0 | 102,400 | 96,000 | ||||||||
| Operating expenses | 208,000 | 242,000 | 226,000 | ||||||||
| Interest expense | 28,000 | 41,000 | 31,000 | ||||||||
| Income taxes | 79,000 | 31,000 | 46,000 | ||||||||
| Long-lived assets | 126,000 | 186,000 | 136,000 | ||||||||
The company’s domestic (U.S.) operations reported the following information for the current year:
| Sales to unaffiliated customers | $ | 4,620,000 | |
| Intersegment transfers | 487,000 | ||
| Operating expenses | 2,470,000 | ||
| Interest expense | 172,000 | ||
| Income taxes | 879,000 | ||
| Long-lived assets | 2,260,000 | ||
Taft has adopted the following criteria for determining the materiality of an individual foreign country:
a. Calculate sales to unaffiliated customers within a country and as a percent of the consolidated sales.
b. Calculate long-lived assets within a country and as a percentage of the long-lived assets.
c. Apply Taft’s materiality tests to identify the countries which are 10 percent or more of consolidated sales or consolidated long-lived assets to be reported separately.
In: Accounting
A recent debate about where in the United States skiers believe
the skiing is best prompted the following survey. Using α = 0.10,
test to see if the best ski area is independent of the level of the
skier. Write the hypotheses, calculate the expected counts, check
the condition, calculate the test statistic, and use either the
critical value approach or the p-value approach to make a
conclusion.
Level of the Skier
U.S. Ski Area Beginner Intermediate Advanced
Tahoe 20 30 40
Utah 10 30 60
Colorado 10 40 50
In: Math
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s; it began expanding the store nationwide in the 1980s and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed the Target Corporation in 2000 and divested itself of its last department store chains in 2004. It suffered from a massive and highly publicized security breach of customer credit card data and the failure of its short-lived Canadian subsidiary in the early 2010s but experienced revitalized success with its expansion in urban markets within the United States. As of 2017, Target operates 1,834 stores throughout the United States. Their retail formats include the discount store Target, the hypermarket Super Target, and "flexible format" stores previously named City Target and Target Express before being consolidated under the Target branding. Target is often recognized for its emphasis on "the needs of its younger, image-conscious shoppers," whereas its rival Walmart more heavily relies on its strategy of "always low prices. Target Corporation decide to start its discount store in Saudi Arabia. The Target management hired you as Marketing Manager for its Saudi Arabia operation. You have to establish marketing department starting from the Analysis of market, formulate overall marketing goals, objectives, strategies and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.
1. To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings:
a. Vision b. Mission
c. Business objective.
d. Product and type of services.
2. Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.
3. Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia.
4. How Target Corporation, Saudi Arabia will establish, develop, and enhance mutually beneficial relationships with customers? Discuss all the activities to establish, develop, and maintain customer sales? 5. Identify the various consumer decision processes for the Target Corporation customer?
6. How will you establish the market research for making better decision to establish and enhance the marketing?
7. How Target Corporation, KSA will evaluate market segments and choose the best ones to serve? How it will create value propositions to meet the requirements of target customers? 8. How Target Corporation, KSA will manage all of their products and services?
• The word count for this assignment must be between 2500 to 3000 words.
In: Operations Management
In August 2003, 56% of all employed adults in the United States reported that basic mathematical skills were critical or very important to their job. A researcher believes that this proportion has increased, so a random sample of 480 employed adults was taken and 297 of them felt that basic mathematical skills are critical or very important to their job.
Be sure to check if the conditions are met, and show how you checked them - show ALL work.
1a) Is there sufficient evidence to conclude that the percentage of all employed adults who feel basic mathematical skills are critical or very important to their job has increased? Use a significance level of α =0.05.
whats your conclusion?
1b) Find a 90% confidence interval for the proportion of all employed adults in the United States who feel that basic mathematical skills are critical or very important to their job. State your answer in words:
1c) How large of a sample would be needed in order to have a margin of error E=3% and a confidence level of 98%? sample size n=?
In: Math
Consider the market for LEGAL recreational marijuana in the United States. Using the Federal Trade Commission's and Department of Justice's merger guidelines, dene a relevant product and geographic market for a dispensary located in the middle of downtown Eugene. To get full credit, you must convince me each market is neither too big nor too small in the product and geographic dimensions. You may draw on any outside knowledge you have on the marijuana market.
In: Economics
Zagat’s publishes restaurant ratings for various locations in the United States. The file Restaurants contains the Zagat rating for food, décor, service, and the cost per person for a sample of 100 restaurants located in New York City and in a suburb of New York City. Develop a regression model to predict the cost per person, based on a variable that represents the sum of the ratings for food, décor, and service.
a. Construct a scatter plot.
b. Assuming a linear relationship, use the least-squares method to compute the regression coefficients b0 and b1.
c. Interpret the meaning of the Y-intercept, b0, and the slope, b1, in this problem.
d. Predict the mean cost per person for a restaurant with a summated rating of 50.
e. What should you tell the owner of a group of restaurants in this geographical area about the relationship between the summated rating and the cost of a meal?
| Location | Food | Décor | Service | Summated Rating | Coded Location | Cost |
| City | 22 | 14 | 19 | 55 | 0 | 33 |
| City | 20 | 15 | 20 | 55 | 0 | 26 |
| City | 23 | 19 | 21 | 63 | 0 | 43 |
| City | 19 | 18 | 18 | 55 | 0 | 32 |
| City | 24 | 16 | 18 | 58 | 0 | 44 |
| City | 22 | 22 | 21 | 65 | 0 | 44 |
| City | 22 | 20 | 20 | 62 | 0 | 50 |
| City | 20 | 19 | 19 | 58 | 0 | 42 |
| City | 21 | 17 | 19 | 57 | 0 | 44 |
| City | 20 | 18 | 18 | 56 | 0 | 36 |
| City | 23 | 22 | 24 | 69 | 0 | 61 |
| City | 20 | 19 | 20 | 59 | 0 | 50 |
| City | 21 | 19 | 21 | 61 | 0 | 51 |
| City | 24 | 19 | 21 | 64 | 0 | 50 |
| City | 25 | 23 | 23 | 71 | 0 | 76 |
| City | 22 | 21 | 21 | 64 | 0 | 53 |
| City | 23 | 15 | 22 | 60 | 0 | 44 |
| City | 26 | 22 | 24 | 72 | 0 | 77 |
| City | 21 | 23 | 21 | 65 | 0 | 57 |
| City | 24 | 15 | 19 | 58 | 0 | 43 |
| City | 21 | 15 | 19 | 55 | 0 | 29 |
| City | 23 | 16 | 16 | 55 | 0 | 34 |
| City | 25 | 21 | 26 | 72 | 0 | 77 |
| City | 22 | 20 | 21 | 63 | 0 | 50 |
| City | 26 | 25 | 24 | 75 | 0 | 74 |
| City | 23 | 21 | 21 | 65 | 0 | 56 |
| City | 22 | 19 | 17 | 58 | 0 | 67 |
| City | 26 | 20 | 23 | 69 | 0 | 57 |
| City | 26 | 23 | 25 | 74 | 0 | 66 |
| City | 24 | 23 | 24 | 71 | 0 | 80 |
| City | 22 | 23 | 23 | 68 | 0 | 68 |
| City | 24 | 16 | 23 | 63 | 0 | 42 |
| City | 20 | 17 | 19 | 56 | 0 | 48 |
| City | 25 | 19 | 23 | 67 | 0 | 60 |
| City | 23 | 20 | 21 | 64 | 0 | 35 |
| City | 21 | 19 | 22 | 62 | 0 | 45 |
| City | 20 | 16 | 18 | 54 | 0 | 32 |
| City | 23 | 15 | 18 | 56 | 0 | 25 |
| City | 26 | 24 | 24 | 74 | 0 | 74 |
| City | 21 | 18 | 18 | 57 | 0 | 43 |
| City | 22 | 16 | 19 | 57 | 0 | 39 |
| City | 19 | 23 | 21 | 63 | 0 | 55 |
| City | 24 | 19 | 21 | 64 | 0 | 65 |
| City | 23 | 16 | 20 | 59 | 0 | 35 |
| City | 24 | 26 | 22 | 72 | 0 | 61 |
| City | 21 | 17 | 18 | 56 | 0 | 37 |
| City | 21 | 17 | 19 | 57 | 0 | 54 |
| City | 23 | 19 | 22 | 64 | 0 | 41 |
| City | 23 | 19 | 21 | 63 | 0 | 33 |
| City | 23 | 14 | 19 | 56 | 0 | 27 |
| Suburban | 24 | 20 | 22 | 66 | 1 | 47 |
| Suburban | 22 | 18 | 22 | 62 | 1 | 48 |
| Suburban | 18 | 13 | 18 | 49 | 1 | 35 |
| Suburban | 22 | 23 | 20 | 65 | 1 | 59 |
| Suburban | 22 | 18 | 24 | 64 | 1 | 44 |
| Suburban | 23 | 25 | 24 | 72 | 1 | 51 |
| Suburban | 20 | 12 | 18 | 50 | 1 | 37 |
| Suburban | 19 | 18 | 19 | 56 | 1 | 36 |
| Suburban | 22 | 19 | 21 | 62 | 1 | 43 |
| Suburban | 27 | 21 | 27 | 75 | 1 | 52 |
| Suburban | 19 | 14 | 18 | 51 | 1 | 34 |
| Suburban | 22 | 11 | 19 | 52 | 1 | 38 |
| Suburban | 24 | 22 | 24 | 70 | 1 | 51 |
| Suburban | 19 | 15 | 19 | 53 | 1 | 34 |
| Suburban | 21 | 23 | 21 | 65 | 1 | 51 |
| Suburban | 21 | 19 | 21 | 61 | 1 | 34 |
| Suburban | 23 | 19 | 23 | 65 | 1 | 51 |
| Suburban | 23 | 20 | 22 | 65 | 1 | 56 |
| Suburban | 21 | 13 | 19 | 53 | 1 | 26 |
| Suburban | 24 | 19 | 22 | 65 | 1 | 34 |
| Suburban | 20 | 18 | 20 | 58 | 1 | 34 |
| Suburban | 24 | 22 | 24 | 70 | 1 | 44 |
| Suburban | 23 | 17 | 22 | 62 | 1 | 40 |
| Suburban | 23 | 16 | 21 | 60 | 1 | 31 |
| Suburban | 23 | 18 | 22 | 63 | 1 | 54 |
| Suburban | 19 | 12 | 22 | 53 | 1 | 41 |
| Suburban | 22 | 17 | 21 | 60 | 1 | 50 |
| Suburban | 26 | 27 | 24 | 77 | 1 | 71 |
| Suburban | 22 | 21 | 23 | 66 | 1 | 60 |
| Suburban | 19 | 15 | 17 | 51 | 1 | 37 |
| Suburban | 21 | 12 | 20 | 53 | 1 | 27 |
| Suburban | 26 | 18 | 22 | 66 | 1 | 34 |
| Suburban | 22 | 25 | 21 | 68 | 1 | 48 |
| Suburban | 21 | 21 | 21 | 63 | 1 | 39 |
| Suburban | 20 | 20 | 20 | 60 | 1 | 44 |
| Suburban | 22 | 18 | 22 | 62 | 1 | 41 |
| Suburban | 23 | 20 | 19 | 62 | 1 | 37 |
| Suburban | 24 | 21 | 23 | 68 | 1 | 47 |
| Suburban | 23 | 27 | 22 | 72 | 1 | 67 |
| Suburban | 24 | 24 | 22 | 70 | 1 | 68 |
| Suburban | 26 | 17 | 24 | 67 | 1 | 49 |
| Suburban | 22 | 22 | 19 | 63 | 1 | 29 |
| Suburban | 24 | 18 | 22 | 64 | 1 | 33 |
| Suburban | 20 | 19 | 20 | 59 | 1 | 39 |
| Suburban | 26 | 19 | 23 | 68 | 1 | 39 |
| Suburban | 22 | 15 | 21 | 58 | 1 | 28 |
| Suburban | 18 | 20 | 18 | 56 | 1 | 46 |
| Suburban | 26 | 27 | 25 | 78 | 1 | 70 |
| Suburban | 25 | 26 | 23 | 74 | 1 | 60 |
| Suburban | 22 | 25 | 22 | 69 | 1 | 52 |
In: Math
In the United States, a defendant is innocent until proven guilty. There have been many cases that have proven the defendant innocent at the end of the trial. In cases against the government, it is easy to automatically assume that a defendant is guilty because of government resources (FBI, CIA, US Attorney’s, etc) being able to use their power to gather information. It has happened in several cases, where the government could be wrong and in doing so, pull “tricks” to prove their case to a grand jury.
QUESTIONS:
Do you believe that the government is correct on their issues being tried on all occasions? Elaborate and explain your opinion.
Have you heard of any cases where this is true?
In: Economics
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s; it began expanding the store nationwide in the 1980s and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed the Target Corporation in 2000 and divested itself of its last department store chains in 2004. It suffered from a massive and highly publicized security breach of customer credit card data and the failure of its short-lived Canadian subsidiary in the early 2010s but experienced revitalized success with its expansion in urban markets within the United States. As of 2017, Target operates 1,834 stores throughout the United States. Their retail formats include the discount store Target, the hypermarket Super Target, and "flexible format" stores previously named City Target and Target Express before being consolidated under the Target branding. Target is often recognized for its emphasis on "the needs of its younger, image-conscious shoppers," whereas its rival Walmart more heavily relies on its strategy of "always low prices. Target Corporation decide to start its discount store in Saudi Arabia. The Target management hired you as Marketing Manager for its Saudi Arabia operation. You have to establish marketing department starting from the Analysis of market, formulate overall marketing goals, objectives, strategies and tactics within the context of an organization's business, mission, and goals designing and planning the entire function. 1. To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings: a. Vision b. Mission c. Business objective. d. Product and type of services. ? 2. Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia. 3. Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia. 4. How Target Corporation, Saudi Arabia will establish, develop, and enhance mutually beneficial relationships with customers? Discuss all the activities to establish, develop, and maintain customer sales? 5. Identify the various consumer decision processes for the Target Corporation customer? 6. How will you establish the market research for making better decision to establish and enhance the marketing? 7. How Target Corporation, KSA will evaluate market segments and choose the best ones to serve? How it will create value propositions to meet the requirements of target customers? 8. How Target Corporation, KSA will manage all of their products and services? What are the steps in the best development process for new products?
In: Operations Management