One of your financial planning clients, Ms Yvette Bordeaux wants to know what her net worth amounts to. Yvette is a 33 year-old employed landscape gardener and has a gross income of $55,000 for the 2020 financial year. In addition, Yvette’s employer also contributes 9.5% of her gross income into a personal superannuation fund that you have set up to fund her retirement. Fortnightly salary deductions (based on gross income) for Yvette are as follows:

Other expenditures incurred by Yvette for the 2018 financial year are as follows:

Yvette has also provided a list of her assets and liabilities based on the information that she currently has available as shown below:

Prepare a current personal balance sheet for Yvette based on the information provided.       

Bank of America's Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 42 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2). Using the difference data, the sample mean difference was d=$850, and the sample standard deviation was s = $1123.

a. Formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the population mean credit card charges for dining out.

b. Use .05 level of significance. Can you conclude that the population means differ?

What is the p-value? (to 6 decimals)

c. Which category, groceries or dining out, has a higher population mean annual credit card charge? a. Groceries b. dining out

What is the point estimate of the difference between the population means? Round to the nearest whole number. What is the 95% confidence interval estimate of the difference between the population means? Round to the nearest whole number.

Taking into account my operating and fuel costs, airport charges (gotta mow the runway every so often), etc., the estimated cost per flight is $2,000. I expect to fly full flights (100 passengers…I cram them into my little Cessna), so the marginal cost on a per-passenger basis is $20 ($2,000/100). Finally, I've estimated my demand curve for the local area to be P = 120 – 0.1Q, where P is the fare in dollars, and Q is the number of passengers per week. Based on this information:

A. What fare should I charge? At this fare, how many passengers will MushAir carry, and how many flights will I have to make? What is my weekly profit? (4 points)

B. Suppose that, using all the above information, a grain company offers me $4,000 per week to haul corn to Chicago. Obviously, I will have the plane filled up with corn and won't have any passengers, so I'd have to replace one of my weekly passenger flights with the corn flight (the operating cost would be the same…I won't have to pay for in-flight entertainment, but I'll have to vacuum it out after the flight). Should I carry the corn? Why or why not? (2 points)

Richard and Linda Butler decide that it is time to purchase a​ high-definition (HD) television because the technology has improved and prices have fallen over the past 3 years. From their​ research, they narrow their choices to two​ sets, the Samsung​ 64-inch plasma with 1080p capability and the Sony​ 64-inch plasma with 1080p features. The price of the Samsung is ​$2,375 and the Sony will cost ​$2,740. They expect to keep the Samsung for 3​ years; if they buy the more expensive Sony​ unit, they will keep the Sony for 4 years. They expect sell the Samsung for ​$405 by the end of 3​ years; they expect to sell the Sony for $365 at the end of the year 4. Richard and Linda estimate that the​ end-of-year entertainment benefits​ (i.e., not going to movies or events and watching at​ home) from the Samsung to be ​$930 and for the Sony to be ​$970 .Both sets can be viewed as quality units and are equally risky purchases. They estimate their opportunity cost to be 8.6%. The Butlers wish to choose the better alternative from a purely financial perspective. To perform this analysis they wish to do the​ following:

a. Determine the NPV of the Samsung HD plasma TV.

b. Determine the ANPV of the Samsung HD plasma TV.

c. Determine the NPV of the Sony HD plasma TV.

d. Determine the ANPV of the Sony HD plasma TV.

True/false

1- The fair market value of property or services received in bartering must be included in gross income.

2- Mr. Barley an accountant, accepted a painting for his office from his client in lieu of payment of his customary fee of $400 for preparation of a tax return. He must include the $400 income.

3- An ordinary expenditure is one which is commonly incurred by other businesses.

4- Rent and royalty expenses are deductible from adjusted gross income.

5- Federal income taxes paid by a taxpayer in connection with her business are not deductible in computing the business federal taxable income.

6- A necessary expense is one that is appropriate to helpful to the continuation of the taxpayer' business; ordinary refers to an expense that is customary and acceptable in the taxpayer's type of business.

7- If debt becomes worthless, the amount allowed as bad deduction is the adjusted basis of the debt.

8- Independent contractor is self-employed individuals who perform services for another individual or business entity and are considered employees of the persons or business that hire them.

9- The portion of an employee's salary deemed ''unreasonable'' may be considered a dividend distribution to an employee that is also a shareholder of the corporation.

10- taxpayers cannot deduct the costs of tickets to any entertainment actively or facility whether or not the taxpayer's attendance at the activity is related to business.

C++

11.11: Customer Accounts A student has established the following monthly budget: 500.00 Housing 150.00 Utilities 65.00 Household 50.00 Expenses 50.00 Transportation 250.00 Food 30.00 Medical 100.00 Insurance 150.00 Entertainment 75.00 Clothing 50.00 Miscellaneous Write a program that has a MonthlyBudget structure designed to hold each of these expense categories. The program should pass the structure to a function that asks the user to enter the amounts spent in each budget category during a month. The program should then pass the structure to a function that displays a report indicating the amount over or under in each category, as well as the amount over or under for the entire monthly budget. NOTES: For each of the categories listed above, and in that order, the program prompts the user for the the amount spent on X: where X is a category from the above list (e.g. "Insurance"). Using the values read into the structure, the program generates a table with a heading and in each row there are four items: the category (e.g. "Housing"), followed by the value budgeted for the category (500.00 in the case of Housing), followed by the value that had been read in for that category, followed by the amount that the actual spent was over or under the category budget. Finally, after the table, is an indication of whether the student is over or under budget.

make sure it works with codelab

Contrast how a rating agency would do their analysis for a general obligation bond and a revenue bond

What is the role of the HIM (Health Information Manager) in a healthcare organization – when it comes to revenue and finances?

Identify the key components of the charge master, and explain the role of the charge master in revenue cycle management.