Following are data reporting progress on a project. Work on all tasks contained in the table is scheduled to be complete as of the day of the report.
|
Budget |
Begun? |
Complete? |
Actual cost |
Earned Value |
|
|
Task A |
3,100 |
Yes |
Yes |
3,100 |
|
|
Task B |
4,000 |
Yes |
Yes |
4,500 |
|
|
Task C |
2,500 |
Yes |
Yes |
2,250 |
|
|
Task D |
4,000 |
Yes |
No |
3,500 |
|
|
Task E |
3,500 |
Yes |
Yes |
4,000 |
|
|
Task F |
2,500 |
No |
No |
0 |
In: Finance
PLEASE SOLVE İT :)
-Attachment styles founded by Bowlby. So, What are the attachment styles first described by Bowlby, and later elaborated upon by Hazan and Shaver?
And How each attachment style looks like, and What are the similarities seen in infant-caregiver and adult attachment styles? please explain all things.
In: Psychology
Please show work, do not copy the solution founded. show your solution! if you can not answer this question, then do not attempt to copy others' work.
In: Other
In: Operations Management
Stress is a constant aspect of the modern work environment. There are various methods for dealing with stressful situations but consider this question: who is responsible for dealing with employee stress, is it the employee or the organization? In your initial discussion post, answer the question of responsibility and provide an argument that supports your answer. In addition, describe two methods for an individual to deal with their own stress and two ways an organization to lower the stress of their employees.
In: Operations Management
Required:
Use the following information to complete Armando and Lourdes Gonzales’s 2016 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps.
You may need the following forms and schedules to complete the project: Form 1040, Schedule A, Schedule B, Schedule C, Schedule D, Schedule E, Schedule SE, Form 2106-EZ, Form 4562 (for the dental practice), Form 4562 (for the rental property), Form 4797, Form 8863, Form 8949.
Facts:
Armando Z. and Lourdes K. Gonzales are married and file a joint return. Armando is self-employed as a dentist, and Lourdes is a college professor. Armando and Lourdes have three children. The oldest is Ricardo, who lives at home. Ricardo is a law student at the University of Cincinnati and worked part time during the year, earning $1,500, which he spent for his own support. Armando and Lourdes provided $6,000 toward Ricardo’s support (including $4,000 for Ricardo’s fall tuition). They also provided over half the support of their daughter, Selena, who is a full-time student at Edgecliff College in Cincinnati. Selena worked part time as an independent contractor during the year, earning $3,200. Selena lived at home until she was married in December 2016. She filed a joint return with her husband, Tony, who earned $20,000 during the year. Felipe is the youngest and lived in the Gonzales’s home for the entire year. The Gonzaleses provide you with the following additional information:
Armando and Lourdes would like to take advantage on their return of any educational expenses paid for their children.
The Gonzaleses do not want to contribute to the presidential election campaign.
The Gonzaleses live at 621 Franklin Avenue, Cincinnati, Ohio 45211.
Armando’s birthday is 3/5/1958 and his Social Security number is 333-45-6666.
Lourdes’s birthday is 4/24/1961 and her Social Security number is 566-77-8888.
Ricardo’s birthday is 11/6/1993 and his Social Security number is 576-18-7928.
Selena’s birthday is 2/1/1997 and her Social Security number is 575-92-4321.
Felipe’s birthday is 12/12/2004 and his Social Security number is 613-97-8465.
The Gonzaleses do not have any foreign bank accounts or trusts.
Lourdes is a lecturer at Xavier University in Cincinnati, where she earned $30,000. The university withheld federal income tax of $3,375, state income tax of $900, Cincinnati city income tax of $375, $1,860 of Social Security tax, and $435 of Medicare tax. She also worked part of the year for Delta Airlines. Delta paid her $10,000 in salary, and withheld federal income tax of $1,125, state income tax of $300, Cincinnati city income tax of $125, Social Security tax of $620, and Medicare tax of $145.
The Gonzaleses received $800 of interest from State Savings Bank on a joint account. They received interest of $1,000 on City of Cincinnati bonds they bought in January with the proceeds of a loan from Third National Bank of Cincinnati. They paid interest of $1,100 on the loan. Armando received a dividend of $540 on General Bicycle Corporation stock he owns. Lourdes received a dividend of $390 on Acme Clothing Corporation stock she owns. Armando and Lourdes received a dividend of $865 on jointly owned stock in Maple Company. All of the dividends received in 2016 are qualified dividends.
Armando practices under the name “Armando Z. Gonzales, DDS.” His business is located at 645 West Avenue, Cincinnati, Ohio 45211, and his employer identification number is 01-2222222. Armando’s gross receipts during the year were $111,000. Armando uses the cash method of accounting for his business. Armando’s business expenses are as follows:
Advertising $ 1,200
Professional dues 490
Professional journals 360
Contributions to employee benefit plans 2,000
Malpractice insurance 3,200
Fine for overbilling State of Ohio for work performed on welfare patient 5,000
Insurance on office contents 720
Interest on money borrowed to refurbish office 600
Accounting services 2,100
Miscellaneous office expense 388
Office rent 12,000
Dental supplies 7,672
Utilities and telephone 3,360
Wages 30,000
Payroll taxes 2,400
In June, Armando decided to refurbish his office. This project was completed and the assets placed in service on July 1. Armando’s expenditures included $8,000 for new office furniture, $6,000 for new dental equipment (seven-year recovery period), and $2,000 for a new computer. Armando elected to compute his cost recovery allowance using MACRS. He did not elect to use §179 immediate expensing, and he chose to not claim any bonus depreciation.
Lourdes’s mother, Maria, died on July 2, 2011, leaving Lourdes her entire estate. Included in the estate was Maria’s residence (325 Oak Street, Cincinnati, Ohio 45211). Maria’s basis in the residence was $30,000. The fair market value of the residence on July 2, 2011, was $155,000. The property was distributed to Lourdes on January 1, 2012. The Gonzaleses have held the property as rental property and have managed it themselves. From 2012 until June 30, 2016, they rented the house to the same tenant. The tenant was transferred to a branch office in California and moved out at the end of June. Since they did not want to bother finding a new tenant, Armando and Lourdes sold the house on June 30, 2016. They received $140,000 for the house and land ($15,000 for the land and $125,000 for the house), less a 6 percent commission charged by the broker. They had depreciated the house using the MACRS rules and conventions applicable to residential real estate. To compute depreciation on the house, the Gonzaleses had allocated $15,000 of the property’s basis to the land on which the house is located. The Gonzaleses collected rent of $1,000 a month during the six months the house was occupied during the year. They incurred the following related expenses during this period:
Property insurance $500
Property taxes 800
Maintenance 465
Depreciation (to be computed) ?
The Gonzaleses sold 200 shares of Capp Corporation stock on September 3, 2016, for $42 a share (minus a $50 commission). The Gonzaleses received the stock from Armando’s father on June 25, 1980, as a wedding present. Armando’s father originally purchased the stock for $10 per share on January 1, 1968. The stock was valued at $14.50 per share on the date of the gift. No gift tax was paid on the gift.
Lourdes is required by Xavier University to visit several high schools in the Cincinnati area to evaluate Xavier University students who are doing their practice teaching. However, she is not reimbursed for the expenses she incurs in doing this. During the spring semester (January through April 2016), she drove her personal automobile 6,800 miles in fulfilling this obligation. Lourdes drove an additional 6,700 personal miles during 2016. She has been using the car since June 30, 2015. Lourdes uses the standard mileage method to calculate her car expenses.
Armando and Lourdes have given you a file containing the following receipts for expenditures during the year:
Prescription medicine and drugs (net of insurance reimbursement) $ 376
Doctor and hospital bills (net of insurance reimbursement) 2,468
Penalty for underpayment of last year’s state income tax 15
Real estate taxes on personal residence 4,762
Interest on home mortgage (paid to Home State Savings & Loan) 8,250
Interest on credit cards (consumer purchases) 595
Cash contribution to St. Matthew’s church 3,080
Payroll deductions for Lourdes’s contributions to the United Way 150
Professional dues (Lourdes) 325
Professional subscriptions (Lourdes) 245
Fee for preparation of 2015 tax return paid April 12, 2016 500
The Gonzaleses filed their 2015 federal, state, and local returns on April 12, 2016. They paid the following additional 2015 taxes with their returns: federal income taxes of $630, state income taxes of $250, and city income taxes of $75.
The Gonzaleses made timely estimated federal income tax payments of $1,500 each quarter during 2016. They also made estimated state income tax payments of $300 each quarter and estimated city income tax payments of $160 each quarter. The Gonzaleses made all fourth-quarter payments on December 31, 2016. They would like to receive a refund for any overpayments.
Armando and Lourdes have qualifying insurance for purposes of the Affordable Care Act (ACA).
In: Accounting
Problem 10-01A
On January 1, 2022, the ledger of Sandhill Co. contained these
liability accounts.
| Accounts Payable | $44,600 | |
| Sales Taxes Payable | 8,700 | |
| Unearned Service Revenue | 21,100 |
During January, the following selected transactions
occurred.
| Jan. 1 | Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, $18,000 note. | |
| 5 | Sold merchandise for cash totaling $6,360, which includes 6% sales taxes. | |
| 12 | Performed services for customers who had made advance payments of $13,600. (Credit Service Revenue.) | |
| 14 | Paid state treasurer’s department for sales taxes collected in December 2021, $8,700. | |
| 20 | Sold 710 units of a new product on credit at $54 per unit, plus 5% sales tax. |
During January, the company’s employees earned wages of $60,000.
Withholdings related to these wages were $4,590 for Social Security
(FICA), $5,200 for federal income tax, and $1,560 for state income
tax. The company owed no money related to these earnings for
federal or state unemployment tax. Assume that wages earned during
January will be paid during February. No entry had been recorded
for wages or payroll tax expense as of January 31.
Journalize the January transactions. (Credit account
titles are automatically indented when amount is entered. Do not
indent manually. Record journal entries in the order presented in
the problem. Round answers to nearest whole dollar amount, e.g.
5,275.)
Journalize the adjusting entries at January 31 for the outstanding
note payable and for salaries and wages expense and payroll tax
expense. (Credit account titles are automatically
indented when amount is entered. Do not indent
manually.)
Prepare the current liabilities section of the balance sheet at January 31, 2022. Assume no change in Accounts Payable.
In: Accounting
The Hotel has two operating departments. Rooms and F&B. 70% of the hotel's total revenue is earned from room sales and 30% of the total revenue is earned from F&B sales.
Rooms department's contribution margin ratio is 60% and F&B department's contribution margin ratio is 50%. If the fixed cost of the hotel is $400,000, and the management is targeting a before -tax profit of $150,000, what is the required sales revenue? (Rounded to whole numbers)
A.$964,912
B.$795,230
C.$1,234,502
D.$701,754
In: Accounting
For the past decade, your company has encouraged sales teams to work together in a cooperative and cohesive manner. This initiative is closely aligned with one of the company’s core values: “Together, we achieve more.” To motivate sales associates to cooperate with one another in their respective teams, at the end of each fiscal year, team managers evaluate their respective teams by rating them on a number of behavioral dimensions related to cooperation and cohesion. Teams that receive high marks on their evaluations receive year-end bonuses, and this bonus program accounts for 10% of compensation for those working as salespeople; the remaining 90% of compensation is distributed in the form of a base salary. Thus far, the company has found this pay-for-performance system to be quite effective, as team cooperation and cohesion have improved demonstrably. Lately, your company has lost some of its top sales associates to competitors, and exit interviews revealed that some sales associates believed that they were not recognized and rewarded for their unique, individual contributions to the organization—namely, their sales productivity. To address this issue, the company has decided to implement a new pay-for-performance program designed to reward individual sales associates for their sales productivity; specifically, the company plans to implement a sales commission program. This new variable-pay program constitutes 40% of their compensation, and the remaining 60% will be distributed in the form of a base salary (50%) and a team bonus based on manager ratings of team cooperation and cohesion (10%). Ultimately, the organization wants to incentivize team cooperation and cohesion as well as individual sales productivity in an effort to encourage collaboration and individual contributions. Consider the entire compensation package from a systems perspective.
Do you have any concerns regarding the implementation of the new sales commission program? Do you think there will be any unintended consequences? Consider this decision using the following criteria. Please provide the rationale for your answer to each of the questions below.
Is the compensation package legal, ethical, and fair?
Is it evidence based/evidence informed?
Does it foster healthy employee–employer relationships?
Is it time and cost effective?
Does it take a systematic stakeholder perspective?
Considering your analysis, overall, do you think this would be an effective decision? Why or why not?
What, if anything, do you think should be done differently or considered to help make this decision more effective?
In: Operations Management
On January 1, 2014, Petunia Company purchased an 85% interest im the captial stock of sunflower Company for $3,400 (Cash + Shares of Petunia Company). Petunia Company uses the equity method to record its investment in Sunflower Company.
The plant is undervalued by 700 (7 year remaining life) and the equipment is overvalued by 200 (10 year remaining life) on January 1, 2014.
Prepare the journal entry to eliminate any income earned from Sunflower Corporation during 2014
Prepare the journal entry to eliminate Petunia's investment in Sunflower at December 31, 2014
| Income statement | Petunia Company | Sunflower Company |
| Sales | (4,400) | (1,786) |
| Equity in Subsidiary Earnings | (498) | |
| Total Revenue | (4,898) | (1,786) |
| Cost of Goods Sold | 3,600 | 800 |
| Depreciation Expense | 160 | 120 |
| Other Expenses | 240 | 200 |
| Total Cost and Expenses | 4,000 | 1,120 |
| Separate/Consolidated Income | (898) | (666) |
| Noncontrolling Interest in Income | ||
| Net Income to Controlling Interest | 898 | 666 |
| Retained Earnings Statement | ||
| 1/1 Retained Earnings | (2,000) | (920) |
| Net Income from above | (898) | (666) |
| Dividends Declared | 360 | 226 |
| 12/31 Retained Earnings to Balance | (2,538) | (1,360) |
In: Accounting