You can afford to pay up to $2000 in payments every month for housing and have $80,000 in savings (you don't anticipate and increase in income/savings). Which of the following mortgages would allow you to buy the most expensive property?

a)

In the 1999-2000 NHANES report, the reported cancer rate for women subjects age 65 and older is 14%. Using this estimate as the true percentage of all females ages 65and over who have been told by a health care provider that they have cancer, find the probability that if 210 women are selected at random from the population, more than 20% will have been told they have cancer.

b)

In the same report, the cancer rate for men ages 65 and older is 23%. Use this estimate as the percentage of all men ages 65 and older who have been told by a health care provider that they have cancer. Find the probability that among 250 men selected at random that fewer than 20% will have been told they have cancer.

c)

Find the probability that the male cancer rate is at least 3% higher than the female cancer rate in the two samples given above.

1. In 2000, the P/E ratio of the stock market reached about 10. If you assume that these corporations will grow roughly at the overall economy’s (GDP) growth rate of 4.5% per year, what should investors have reasonably expected in terms of a likely future rate of return implied by the stock market’s level? Show your work.

Read the Seligman (2000) article, 24-7 Accounting. Based on the content presented in the article, in conjunction with this week’s lecture and other readings, discuss the U.S. Securities and Exchange Commission (SEC) fair disclosure regulation and how an organization complies with this regulation utilizing their accounting information system. Provide at least two practical examples from your research.

The Uniform Principal and Income Act of 2000 (Uniform Act) allows the trustee to make adjustments between the principal and income accounts as necessary under certain requirements. Examine the major reasoning for allowing such transfers by the trustee and recommend alternatives to the allowance of the adjustments. Justify your response.

Margaret Jones established the “Jones Family Trust” in 2000 with XYZ Pty Ltd as the corporate trustee. Margaret and her husband Dean are the directors of the trustee company. The trust holds a variety of investments in property and cash. The trust was established to protect investments as Dean is always concerned that he could be sued for negligence.

The trust records for the 2019-20 income tax year disclose the following:

Receipts ($)

95,000 Rent from investment properties

5,000   Interest from a bank account

Payments ($)

1,500   Accounting expenses for tax return

12,000 Repairs to investment properties

8,000   Interest on a loan for the investment property

2,000   Legal expenses incurred in defending a claim by a tenant

Margaret does not work. Dean is a senior tax manager and received a salary of $180,000 in 2019-20 income tax year.

They have three children:

•           a son, Paul, aged 22 years, a student at university who earned $10,000 for the year;

•           a daughter, Racheal, aged 18, also a university student who earned only $3,000 for the year; and

•           a second daughter, Kate, aged 14 years, a full time high school student with no other income.

Dean has his grandfather living with him and he had no income for the year. All family members are beneficiaries of the trust and Dean had also established a corporate beneficiary which was able to receive trust distributions.

Required:

Advise as to how the net income can be distributed in the most tax-effective way citing relevant legislation to support your answer.

Assume the market for plastic kitchenware in your country has the demand curve P = 2000 – 0.01Q, and the domestic supply curve P = 500 + 0.02Q. For simplicity, we ignore the exchange rate and currency difference here.

1. Now suppose the government decides to eliminate tariff but imposes an import quota instead. The total amount of import is limited at 60,000 (assume the foreign producers can actually deliver so many unites).
   1. Solve for the domestic demand, domestic supply, and market price under the quota?
   2. Calculate the National Welfare under the quota.

Car A has a mass of 2000 kg and speed of 10 miles per hour. Car B has mass of 1000 kg and speed of 30 miles per hour. The two cars collide to each other and stick together after collision in three different situations. Calculate the velocity of the two cars after the collision.

1. Car A moves East and car B moves West and had a head to head collision. Calculate the velocity of the two cars after the collision (speed and direction).

2. Car B follows car A and both head toward the East. Car B had a head to tail collision with car A. Calculate the velocity for the two cars after the collision(speed and direction).

3.Car A moves to the East and car B moves to the North and collide in a cross road. Calculate the velocity for the two cars after the collision (speed and the angle of the velocity).

11.A 8-year bond with a face value of $2000 is redeemable at par and earns interest at 9.2% convertible semiannually. If the yield rate is 6.9% convertible semiannually, find the book value 4 months after the payment of the 7th coupon. (Use simple interest for time between coupon payments.)

Value = $ (3 decimal place)

(a) Read and modify the following passage given below:

Passage:

Since 2000, the technologies known as social media have grown exponentially. Social media is “a group of internet-based applications that build on the ideological and technological foundations of web 2.0, and allow the creation and exchange of user generated content” (Kaplan and Heinlein,61). In other words, social media allow creators to interact with one another by posting, commenting and changing each other’s work. Now in 2012, the two-way communication possibilities have evolved graphically, pleasing easy to use technologies, including social networking sites (Facebook and LinkedIn), microblogs (Twitter), blogs and information sharing tools like wikis, forums,and knowledge bases. These media are so common that employers expect that you will understand and be able to use the various types of media.

(b) What meaning do the terms “Kaplan and Heinlein” in the parentheses serve? Your answer should be based on your understanding of the topic.

(a) Read and modify the following passage given below:

Passage:

Since 2000, the technologies known as social media have grown exponentially. Social media is “a group of internet-based applications that build on the ideological and technological foundations of web 2.0, and allow the creation and exchange of user generated content” (Kaplan and Heinlein,61). In other words, social media allow creators to interact with one another by posting, commenting and changing each other’s work. Now in 2012, the two-way communication possibilities have evolved graphically, pleasing easy to use technologies, including social networking sites (Facebook and LinkedIn), microblogs (Twitter), blogs and information sharing tools like wikis, forums,and knowledge bases. These media are so common that employers expect that you will understand and be able to use the various types of media.

(b) What meaning do the terms “Kaplan and Heinlein” in the parentheses serve? Your answer should be based on your understanding of the topic.