Vaughn Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.

From the information above, determine the amount of Vaughn Company inventory.

Which of the following scenarios illustrates the impact of political and legal forces on the marketing environment?

a.   ?With the number of smartphone users on the rise, Taalia Inc., an electronics company, decides to create mobile advertisements for its products in addition to print and television advertisements.

b.   ?After a shoe manufacturing company experiences an increase in demand for its products, it opens retail outlets in several locations.

c.   ?The raise in the legal drinking age from 21 to 25 in Florida might force marketing managers of alcohol companies to minimize their target market and reposition their offerings.

d.   ?Lianet Ltd. hires a homosexual individual as its marketing manager in an attempt to encourage diversity in the organization.

Exercise 9-03

Skysong Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.

From the information above, determine the amount of Skysong Company inventory.

Brett and Lisa file taxes under the married filing jointly status. Lisa is a sales manager for an auto parts company and Brett takes care of their 3 children. In 2018, Lisa receives a promotion associated with a move to a new division located over 500 miles from their existing home. The cost to move their household items is $8,700. Lisa's employer reimburses her for $3,000 of those costs and also pays $2,100 for airfare for the entire family to fly to the new destination. Lisa's moving expenses deduction for 2018 is:

a.$5,700

b.$3,600

c.$0

d.$8,700

e.None of these choices are correct.

Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 for health insurance for her family, $2,500 for dental insurance, $4,000 for health insurance for her 23-year-old daughter who is no longer a dependent, and $3,000 for disability insurance for herself. What is Ellen's self-employed health insurance deduction?

a.$10,500

b.$12,000

c.$13,500

d.$14,500

e.$8,000

Over the years, Monica contributed $15,000 to a Roth IRA opened 10 years ago. The IRA has a current value of $37,500. She is 54 years old and takes a distribution of $25,000. How much of the distribution will be taxable to Monica?

a.$10,000

b.$0

c.$37,500

d.$15,000

e.$25,000

Jody is a physician (not covered by a retirement plan) with a salary of $40,000 from the hospital where she is employed. She supports her husband, Andre, who sells art work and has no earned income. Both are in their twenties. What is the maximum total amount that Jody and Andre may contribute to their IRAs and deduct for the 2018 tax year?

a.$5,000

b.$5,500

c.$11,000

d.$10,000

e.None of these choices are correct.

Question No 3. Tests Using Contingency Tables:

A researcher selected sample of customs from 4 companies and asked them if the companies care give warranty on sold items or not. Assume observed values from your own (fill the below table by assuming any values of your choice) and test the claim that the proportion of customers of each company who got warranty is the same for each company by choosing alpha of your own choice.  (Marks 2.5)

(1) On August 1, 2018, We R Clean Company signed a 9-month contract with a hotel chain to provide pool and spa cleaning services for 3 hotel sites. The contract price of $14,850 was collected on the date the contract was signed. The services will be provided evenly over the next 9 months, starting on August 1. The adjusting entry on December 31, 2018 will

Credit Service Revenue for $6,600

Debit Earned Revenue for $6,600

Credit Service Revenue for 8,910

Debit Unearned Revenue for $8,250

(2) Collegiate Fitness Centers have 15,000 members whose monthly dues are $30 each. The company does not send individual bills to customers, who have until the 10th day of the month following the month of service to pay their monthly dues. On December 31, 2017, the company’s records show that 7,000 customers have already paid their December dues, and the payments were properly recorded. The adjusting entry to be recorded on December 31 will include

One of the ways to create a good work–life balance is to set goals. We create goals to guide and motivate us to succeed. Setting goals can give us a reason to work hard, engage in ethical behavior, and create a balance between work and personal life. Self-motivation techniques can help us to achieve our goals and maintain focus on the rewards for staying on task. It is important that we identify our values and needs to accomplish this.

Instructions Create a list of goals for yourself. (List a minimum of 5 goals.) For each goal, explain how the goal is representative of each of the SMART characteristics (Specific, Measurable, Attainable, Realistic, Timely) Be sure to answer the following questions for each goal summary: Does it answer Who, What, When, Where, Why? Can you measure it? Is it attainable? Is it realistic? What is the time frame you have set for completing that goal?

A recent article by an investigative journalist has gone viral; exposing some pretty disturbing labor practices in one of the company’s factories in India. Worse still, this comes on the heels of another high profile documentary exposing the environmental issues in cotton production. The company sources cotton from both India and China. Corporate management is coming under intense international pressure as well as from the US press, public, environmentalists, shareholders and the board of directors. The CEO is looking to you to:

You've been asked to provide examples of country-specific and culturally sensitive initiatives that the company will be taking to remedy the situation and improve the company's image in the eyes of its international stakeholders. (RAA Excellence System Mastery Level Civic & Social Responsibility)