• What is venture capital, and what types of firms receive it?
• What are some of the important services provided by underwriters?
• What type of underwriting is the most common in the United States, and how does it work?
• What is IPO underpricing, and why might it persist?
• What are some of the costs associated with issuing securities?
• What is a rights offering, and how do you value a right?
• What are some of the characteristics of private placement debt?
• What is shelf registration?

ENERGY STRATEGY

How the expanded use of biofuels,in place of fossil fuel, was thought in theory to be able to slow the buildup of greenhouses gases in the atmosphere.

Briefly describe two unexpected results that the mandated use of corn ethanol in the United States has had on the global environment and/or population.

How the coal panics in Great Britain at the end of the 1800s are similar in two ways to the oil panics of recent years,specifically just before the year 2008.

Long-Term Care Reimbursement

The federal and state governments are the largest payers of health care services in the United States. The largest federal programs are the Medicare and Medicaid services.

Provide a summary of Medicare and Medicaid services

In your summary, include the following points:

·      An overview of the different Medicare and Medicaid services

·      The population covered under Medicare and Medicaid services

·      The services of long-term care covered under Medicare and Medicaid, including the restrictions placed on them

President Clinton's health care reform plan used price controls as one of its basic means of controlling spending. The controls included fee schedules in the fee-for-service sector, limits on the absolute level of health insurance premiums and their allowable year-to-year increases, and perspective budgets for regional health alliances.

Research the case for and against price controls in medical care. Under what circumstances will they work? Do these circumstances exist in the United States?

Byron Bright, an inventor, sells the patent rights on his latest invention to Wilson Corporation. Wilson intends to manufacture and sell Byron’s invention. Byron will receive $50 per unit Wilson sells plus a lump-sum payment of $500,000. What is the tax treatment of each type of payment for Byron? If Wilson Corporation is limited to producing and selling Byron’s invention in the western section of the United States, what is the tax treatment of each type of payment?

Target Corp. is a U.S. corporation. The company wants to expand its business in South America. The CFO has requested you to research, if these following countries has a tax treaty with the United States:

a)      Brazil

b)      Mexico

c)      Argentina

Please explain all these three countries, research if these countries tax dividends, interest, and royalties paid back to the U.S. parent. (Hint: the IRS.gov website and search for country specific treaties will help you.)

The audit team is preparing to audit a new client in the fashion industry. The client imports garments from manufacturers in several Asian countries and retails them in a chain of shops located throughout the United States.
You have access to the following information for the client:
a. prior period financial statements
b. anticipated results for the current year
c. industry averages
Required
Discuss how you would use the information to understand your new client.

Explain what the rational ignorance and median voter theories are (from public choice theory) and how they might influence voter turnout. Based on some quick research discuss the following main themes:

• How does voter turnout in the United States compare with other nations?
• What are some of the reasons that we have the turnout we do?
• Can you think of way to incentivize voter participation without having negative consequences?

An economist is sitting in the oval office of the white house,across the desk from the president of the United States. The president asks, "How does the unemployment rate look for the next quarter?" The economist answers, "it is not good,I dont think real GDP is going to be as high as we initially thought. The problem seems to be foreign income" it is just not growing at the rate we thought it was going to grow." How can foreign income affect U.S unemployment?