Welcome to the Body Company. You are applying for a job with us as a vitamin. Please describe (in an interview) 3 roles (functions) you can play for the body company and which other nutrients you work best with. Include in the description what will happen when there is too much of you (toxicity) or not enough (deficiency) as well as the 3 best places to get you (food sources).

Supplements

List 3 vitamins that are typically included in "stress supplement formulas". Describe how these vitamins might combat stress in the body.  For each vitamin listed above, identify a food source you are willing to eat instead of taking a supplement.

please focus on Biotin. I am applying as Biotin. Thank you.

The company, produce in-house in the US; The cost of equipment totals into 32.5 million at the start of the first year. Which will have a salvage value of 3 million at the end of 6 years. After a recent area 51 raid, the company acquired a team of Area 51 aliens with an annual demand of 500,000. The operational costs and software maintenance is 700,000 annually. As the years go by, an inflation of 16% will demand increasing prices for these values. What will be the net present worth?

The IT Manager’s Dilemma

Sally Lewis graduated from college 4 years ago with a degree in computer science. She currently runs the business application support department for a mid-sized company in Austin. Sally currently earns $73,000 per year and expects an annual raise of 3% per year. Her company does not pay bonuses. Sally is 27 and intends on working for an additional 38 years (until she is 65). She has a fully paid insurance benefit and is currently in the 26% tax bracket. Although Sally enjoys her job she is concerned that her degree and current experience is to narrow and as a result might limit her potential career opportunities and earning potential. Sally is considering two options to further her career.

Option 1 is to do a two-year MBA at Brazonian University. The degree would round out her technical skills with a sound business background. The MBA would require two years of full-time study (where Sally would be unable to work) with an annual tuition amount of $58,000 payable each year. Books and other supplies would be $2,000 per year. After finishing the MBA sally thinks she would be able to get an immediate position and make $105,000 per year and also receive a $10,000 signing bonus. The salary would be expected to grow by 4% per year. She then would be in the 31% tax bracket.

Option 2 is to do a specialize one year program at Olympus University in Data Analytics. The program would be an intense 1-year program (she would be unable to work) and offer her employment opportunities starting at $98,000 growing at 5% per year while also receiving an $8,000 initial signing bonus. The compensation would put her in the 29% tax bracket. The cost for the 12-month program is $75,000 plus an additional $4,200 in fees.

Both programs offer insurance coverage for $3,000 per year. Housing on campus at both programs would be $4,000 less than what Sally is currently paying so would be a net savings. Sally has been a diligent saver in her career and as a result has the money in savings for either of these options and would pay cash and incur no financing fees.

Sally likes her current position but also is intrigued with both options. She see’s herself being happy in either of these options or even with the status quo. What she would like to do is make the decision and pursue the path that provides the best financial upside to her. Sally wants to use a 5.5% discount rate for her analysis.

So consider:

• What other factors (financial or otherwise) should Sally consider when making this decision?

• What risks are there for Sally to pursue either option?

• On a purely economic perspective what is the best decision for Sally to make?

• How does Sally’s age play into making this decision?   Does the decision change if Sally wants to retire in 20 years?

• What initial salaries (one each for the MBA and one for the Data Analytics program) would Sally need to be offered to make her indifferent about leaving her current situation (at what salary points are the future values equal?)

• Assume Sally wanted to borrow the money to attend either option the interest rate was 5.4%, how would this change Sally’s decision?

Assignment Task Three

Penny Farthing is 40 years old and an Australian resident for tax purposes. Following the death of her spouse in 2019 she has remained single and assumed sole care of their two children Kim (aged 11) and Kerry (aged 3). The children receive no income. On October 31, 2019 Penny resigned from her job as a nurse at Newcastle’s John Hunter Hospital and moved her family to commence new employment at the Alice Springs Base hospital in the Northern Territory. Her employment at Alice Springs base hospital commenced on 15 November, 2019 - the date she settled with her family in rented accommodation in the town of Alice Springs. Penny is leasing the home she owns in Newcastle through a real estate agent.

Details of Penny’s receipts and payments for the year ended 30 June 2020 are as follows (all amounts are inclusive of GST where applicable):

Receipts

Gross Salary (John Hunter Hospital) note 1                                                           $25,240

Gross Salary (Alice Springs Hospital) note 2                                                          $76,180

Fully Franked Dividend received (ASX listed company)                                 $4,200

Net Bank Interest received from USA bank note 3                                                    900

Gross Rental Income                                                                                            $10,400

Payments

Airfares and removal costs to Alice Springs                                                      $3,400

Annual subscription Australian Nurses Association                                            $700

Purchase laptop computer note 4                                                                                          $2,200

Purchase Brief Case note 4                                                                                           270

Other expenses (all deductible s8-1)                                                                $1,230

Expenses relating to the rental property (all deductible)                              $17,100

Other information:

1. Penny does not have private hospital cover.
2. At 30 June 2020 Penny had a HELP/ (HECs) debt of $19,000 relating to her nursing degree that she completed in 2016 at the University of NSW.
3. Penny also received $7,000 as her share of her Grandmother’s deceased estate.    

Notes:

1. Penny’s payment summary from the John Hunter Hospital Newcastle also showed the following details:

PAYG Deducted                                                                        $4,400

Reportable Fringe Benefits                                                     $4,100

Reportable Employer Superannuation Contributions          $2,750

2. Penny’s payment summary from the Alice Springs Base Hospital also showed the following details:

PAYG Deducted                                                                        $29,000

Reportable Employer Superannuation Contributions          $3,250

3.     Penny received $1,000 (AUD) gross interest in respect of a deposit she holds with a US Bank. Under US tax legislation, the Bank was required to withhold $100 tax from the interest forwarding Penny the balance of $900.
4.     The laptop was purchased new on 15 March 2020. It has an effective life of 3 years and is used 90% for her employment and 10% privately.

       The briefcase was purchased new on 1 September 2019. It has an effective life of 2 years and is used 100% for her employment.

Required

Calculate Penny’s minimum taxable income and her net tax payable/refundable for the year ended 30 June 2020.

1. Short-term interest rate in Indonesia and the United States are 6.5% and 1% respectively. The current exchange rate on June 15, 2020 is 14,010 Rupiah against US Dollar. Suppose a forward exchange rate at 15,000 Rupiah against US Dollar.
   You are required:­

1. Based on your calculation, Could you take a profit from an arbitrage?

Using techniques from an earlier section, we can find a confidence interval for μ_d. Consider a random sample of n matched data pairs A, B. Let d = B − A be a random variable representing the difference between the values in a matched data pair. Compute the sample mean

d

of the differences and the sample standard deviation s_d. If d has a normal distribution or is mound-shaped, or if n ≥ 30, then a confidence interval for μ_d is as follows.

d − E < μ_d < d + E

where E = t_c

c = confidence level (0 < c < 1)

t_c = critical value for confidence level c and d.f. = n − 1

(a) Using the data above, find a 95% confidence interval for the mean difference between percentage increase in company revenue and percentage increase in CEO salary. (Round your answers to two decimal places.)

(b) Use the confidence interval method of hypothesis testing to test the hypothesis that population mean percentage increase in company revenue is different from that of CEO salary. Use a 5% level of significance.

Since μ_d = 0 from the null hypothesis is in the 95% confidence interval, reject H₀ at the 5% level of significance. The data do not indicate a difference in population mean percentage increases between company revenue and CEO salaries.Since μ_d = 0 from the null hypothesis is not in the 95% confidence interval, do not reject H₀ at the 5% level of significance. The data indicate a difference in population mean percentage increases between company revenue and CEO salaries.    Since μ_d = 0 from the null hypothesis is in the 95% confidence interval, do not reject H₀ at the 5% level of significance. The data do not indicate a difference in population mean percentage increases between company revenue and CEO salaries.Since μ_d = 0 from the null hypothesis is not in the 95% confidence interval, reject H₀ at the 5% level of significance. The data indicate a difference in population mean percentage increases between company revenue and CEO salaries.

After finishing university, Mariette is looking for a job. She checks for job advertisements on several large, well‐known, and reputable online sources, and pursues a few lesser‐known sources on the recommendation of several of her former professors. After submitting what seemed like endless resumes, Mariette received several interview offers, one of which was particularly appealing to her, since it was for an entry‐level position in a company she had always wanted to work for. The interview process went well, and she received several job offers, including one from the company she wanted to work for. During that interview, Mariette was promised that the job would involve a lot of independent work and responsibility for projects after an initial training period of three months. This statement, combined with the fact that she had wanted to work for the company for a long time, led Mariette to accept the job offer. Once she had signed the employment contract and had begun work, she went through the initial training period, but her responsibilities didn’t change, and she began to find her work limiting. She also began to notice that some of the employees at her level who had started around the same time she had started were being promoted ahead of her. Several were not as qualified as Mariette. She noticed that all of the employees receiving promotions were men. While this was occurring, the office support staff, all of whom were unionized, were trying to renegotiate their contract. The bargaining went badly, and there was a short strike lasting three days. The situation was resolved, but things were tense for a little while, especially since the support staff had been picketing directly outside of the entrance to the office. By this time, Mariette had worked for her company for a little over two years. One day, she was called into her supervisor’s office and was told she was being let go. She was also told that this was effective as of the end of the work day on that day. No cause was given. Mariette was very surprised, and angry. After discovering that she would get no further pay after the day of her termination, Mariette decided to take legal action.

Analyze the situation and advise Mariette on how she should proceed?

Question 5 Accounting for Consolidation                                                                

The accountant of Park Ltd needs to prepare consolidated financial statements for Park Ltd at the end of financial year. Following information was available on 30 June 2020:

Park Ltd acquired 100 per cent interest in Sun Ltd for $850,000 on 1 July 2015. All assets and liabilities were fairly valued on the acquisition date. At the date of acquisition, the equity of Sun Ltd included:

Share capital                                 $320,000

Reserve                                        $160,000

Retained earnings                         $280,000

The balance of the investment account was $850,000 as shown in the Statement of Financial Position of Park Ltd on 30 June 2020.

1. The directors of Park Ltd believed that goodwill acquired was impaired by 20 per cent for the year ended 30 June 2020.
2. On 17 February 2020, Sun Ltd paid $60,000 in management fees to Park Ltd.
3. On 3 March 2020, Park Ltd sold inventory to Sun Ltd at a value of $48,000.
4. The above inventory had a cost of $29,000 for Park Ltd to produce. All inventories remained unsold in Sun Ltd on 30 June 2020. Park Ltd and Sun Ltdadopt the perpetual inventory system for inventory accounting. The income tax rate is 30%.

Required: (Narrations are required in this question)     

1. Describe the measurement of goodwill acquired in this question according to AASB 3.
2. Prepare relevant consolidation journal entries on 30 June 2020.

The accountant of Park Ltd needs to prepare consolidated financial statements for Park Ltd at the end of financial year. Following information was available on 30 June 2020:

Park Ltd acquired 100 per cent interest in Sun Ltd for $850,000 on 1 July 2015. All assets and liabilities were fairly valued on the acquisition date. At the date of acquisition, the equity of Sun Ltd included:

Share capital                                 $320,000

Reserve                                        $160,000

Retained earnings                         $280,000

The balance of the investment account was $850,000 as shown in the Statement of Financial Position of Park Ltd on 30 June 2020.

1. The directors of Park Ltd believed that goodwill acquired was impaired by 20 per cent for the year ended 30 June 2020.
2. On 17 February 2020, Sun Ltd paid $60,000 in management fees to Park Ltd.
3. On 3 March 2020, Park Ltd sold inventory to Sun Ltd at a value of $48,000.
4. The above inventory had a cost of $29,000 for Park Ltd to produce. All inventories remained unsold in Sun Ltd on 30 June 2020. Park Ltd and Sun Ltd adopt the perpetual inventory system for inventory accounting. The income tax rate is 30%.

Required: (Narrations are required in this question)     

1. Describe the measurement of goodwill acquired in this question according to AASB 3.
2. Prepare relevant consolidation journal entries on 30 June 2020.