State and explain whether the following items of income derived during the year of assessment 2018/19 are chargeable to Hong Kong profits tax:

(a) Sums received by a foreign film production company for allowing a Hong Kong television company to show in Hong Kong certain designated films it produced offshore Hong Kong. The film production company has no representative office or agent in Hong Kong.

(b) Sums representing royalty received by a foreign patent owning company under a licensing agreement with its associate company in Hong Kong. The patent was previously owned by the Hong Kong associate which subsequently sold the patent right to the foreign patent owning company. The patent was then licensed to the Hong Kong associate for its use in Hong Kong at a royalty.

(c) Profits earned by a manufacturing company from its sale of products in Hong Kong. The products were partly manufactured in Hong Kong and partly in the PRC. The manufacturing activities conducted in the PRC were greatly involved by the manufacturing company in terms of expertise, machinery, raw materials and quality control.

Bev and Ken Hair have been married for 3 years. They live at 3567 River Street, Springfield, MO 63126.Ken is a full time student at Southwest Missouri State University and Bev works as an accountant at Cypress Corp. Bevs' W-2 shows Wages and tips other compensations=$50350.18 Federal income tax withheld= $4950.00 Social security wages =$50350.18 social sec. tax withheld = $3121.70 Medicare wages and tips= $50350.18 and Medicare tax withheld= $730.08 Also the Hairs have intrest income of $1000 on City of St. Louis bonds as well as other intrest and dividends shown on the 1099s...1st 1099-DIV 2018 is payers name and address = Green Corp Springfield, MO. Recipient name =Ken Hair (1a Total ordinary dividends = $301.00) (1b Qualified dividends = $301.00) 2nd 1099-INT 2018 is Payers name and address= Boatman's Bank Springfield, MO Recipient name= Ken Hair (1 Interest income= $643.05) Ken is an excellent student at SMSU. He was given a $1750 scholarship by the university to help pay educational expenses.The scholarship funds were used by Ken for tuition and books. Ken also had a part time job at the college. He was paid $2525 on a W-2 for helping out in the Dean's office. There was no income tax withheld on the amount paid to Ken from this job. Last year, Bev was laid off from her former job and was unemployed during Jan. 1099G = (1 Unemployment compensation = $1825.00 from State of Missouri Unemployment) Ken has a 4 year old son , Robert, from a prior marriage.He paid his ex-wife $300 per month in child support. Robert is claimed as a dependent by Ken's ex-wife. During the year, Ken's aunt died. The aunt, in her will, left Ken $15000 in cash. Ken deposited this money in the Boatman's Bank savings account.

tax return problems Fill out a 1040A and other forms that needs to be filled out for taxes

THIS IS THE ONLY THING THEY GAVE US THEY DIDNT SAY WHAT FORMS NEEDED TO BE FILLED OUT. IM GUESSING A 1040A AND QUALIFIED DIVIDENDS TAX WORKSHEET??

Compute and Interpret Liquidity and Solvency Ratios

Selected balance sheet and income statement information from

Verizon Communications Inc. follows.

$ millions 2015 2014

Current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $22,280 $29,499

Current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,052 2 7,9 87

Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 226,798 218,940

Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,842 13,676

Earnings before interest and taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32,974 21,379

Interest expense, gross . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,920 4,915

Net cash flow from operating activities . . . . . . . . . . . . . . . . . . . . . . . . 38,930 30,631

A) Compute the current ratio for each year and discuss any trend in liquidity. What additional infor-

mation about the numbers used to calculate this ratio might be useful in helping us assess liquidity?

Explain.

b. Compute times interest earned and the liabilities-to-equity for each year and discuss any noticeable

change. (The average liabilities-to-equity ratio for the telecommunications industry is 1.7.) Do you

have any concerns about Verizon’s financial leverage and the company’s ability to meet interest

obligations? Explain.

c. Verizon’s capital expenditures are expected to increase substantially as it seeks to respond to com-

petitive pressures to upgrade the quality of its communication infrastructure. Assess Verizon’s li-

quidity and solvency in light of this strategic direction.

Chemical Company created a new product called “Tire Shine” to clean the oil and tar from car tire rims. Chemical company sold 1,000 bottles of “Tire Shine” to Amazon, who then sold the product to Ferrari Corp. Ferrari received and used the “Tire Shine” from Amazon without altering the product. “Tire Shine” however caused harm to Ferrari employees who used the product, even though they used the product as instructed. In random checks of the “Tire Shine” bottles received by Ferrari it was discovered that the fumes from the bottles of “Tire Shine” were extremely toxic. If Ferrari can “prove” that Amazon sold the product “Tire Shine” without warning of any dangerous conditions on the warning labels and Chemical Company didn’t fully warn of the toxic and dangerous conditions, both companies could be liable under what two different causes of action? 1) Please identify which company is liable for which cause of action, 2) then explain your answer by listing the elements of each cause of action and applying the appropriate facts.

"Environmental 'Science' Makes No Sense" "Well, the left-wing, environmentalist wackos have done it again! The so-called 'Environmental Conference' hosted by University 'X' last week was nothing more than a transparent attempt to indoctrinate the students and community with false information about the environment. Firstly, the environmentalists claim that global warming is real, but that can't be true because there are parts of the world that are getting colder! That's why they've started calling it 'climate change' instead. Second, why were no persons who disagree with this supposed environmental 'science' invited to the conference? During my time there, I heard no speakers who oppose global warming or climate change. I guess none of these "green" loonies decided to invite any of them. Third, if we tried to affect climate change, the only thing that would happen would be economic disaster. Environmentalists want to pressure oil companies to find 'cleaner' sources of energy, and also to force businesses and schools to use 'greener' products and offer 'eco-friendly' services. But if we did those things, then we'll have less money than we do now. The government will have to control our lives more, and eventually we'll be living in a dictatorship ruled by the United Nations and we'll have no money to buy things, so the economy will destroyed. Why do they want to destroy America? Lastly, I noticed also that everyone who attended the conference was a liberal. The person I sat next to in the auditorium told me he was one, and I overheard some more people of the liberal persuasion talking about their love for Obama on the elevator when going to lunch. So those of you who, like me, are definitely not liberals (and no one really wants to be like those people, do they?) should ask themselves why they would want to waste their time at conferences such as this? For the rest of us true Americans, the choice is clear: either we oppose this liberal agenda with all our might or we can kiss American democracy goodbye. Sincerely, Citizen 'Y'" Write a letter to the editor that responds to the letter above. This letter should explain all the fallacies that are contained in citizen Y's letter. (Make sure that you not only mention the fallacies, but also explain why you think specific points in the letter are fallacious.)

1. Movie companies need to predict the gross receipts of individual movies once a movie has debuted. The following results, stored in the table below, are the first week-end gross, the U.S. gross and the worldwide gross (in $ Million) of the eight Harry Potter movies:

1. Construct a scatter plot with first weekend gross on the X axis and US gross on the Y axis.
2. Construct a scatter plot with first weekend gross on the X axis and worldwide gross on the Y axis.
3. What can you say about the relationship between first weekend gross and US gross and first weekend gross with worldwide gross?

1. Should gifts be made by individuals to a nonprofit organization that receives the largest portion of its revenues from fees for services be fully tax deductible, partially tax deductible, or not deductible at all? Explain your answer. (Chapter 2)

2. If you needed to stay in the hospital, would you prefer to go to a nonprofit hospital or one managed by a for-profit company? Or would it not make a difference to you? Why? (Chapter 3)

3. Should boards of nonprofits be concerned only with the intention of doors and the interests of those who benefit from the nonprofits assets, or should they also consider the impact of their decisions on local communities? Explain your answer. (Chapter4)

4. Are leaders born or made? Can anyone learn to be a leader, or does it require some innate qualities or characteristics of the individual? Explain your answer. (Chapter 5) Discuss the concepts of effectiveness, efficiency and organizational performance as they relate to any nonprofit organization? Explain your answer. (Chapter 6)

5. Suppose a nonprofit organization’s strategy requires that it phase out a program on which few people rely, but those people are vulnerable and no good substitute exists? How might the organization proceed with its plan in an ethical and humane manner? Explain your answer. (Chapter 7)

6. Is competition among nonprofit organizations an acceptable concept, or is it contrary to the values of the sector? Explain your answer. (Chapter 7)

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.

Welcome to the Body Company. You are applying for a job with us as a vitamin or mineral. Please describe 3 functions you can play for The Body Company and which other nutrients you work best with. Include in your interview 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). Please find your name on the table below. Supplements Use Google or some other search engine, or look in the supplement aisle in the store, or even (maybe) on your medicine shelf at home to locate a real supplement that contains at least 3 vitamins or minerals and promises to help your body respond to stress. List those 3 ingredients and describe how these vitamins might combat stress in the body. For each of the 3 ingredients, identify a food source you are willing to eat instead of taking a supplement. "Please focus on Calcium foods" This is important all you can use is Calcium rich foods.

What is considered a "good" amount of economic growth, as measured by an annual percentage increase in GDP?

Are there any concerns with "too much growth" or growth that is "too rapid"?

What was the highest annual GDP growth in the last 10 years?

What was the GDP growth rate last year?

Leave us a link as to who you are citing for the numbers or answers you leave.