Your client Mary, a surviving spouse of John, has approached you to provide her with gift and estate planning services. Respond to the following questions and submit your answers in a Word Document to the Unit 1 Assignment Dropbox. Remember to review and reference the applicable sections of the Tax Code, including Publications 706 and 709. 1. Based on Mary’s situation, determine the credit for the gift and estate tax exclusion. Use 2017 indexed exclusion of $5,500,000. Based on your research of the tax code, what is the rationale for the gift and estate tax exclusion? 2. John used $450,000 of his gift and estate tax exclusion for his lifetime gifts. Assuming that John’s estate used $2,300,000 of his estate tax exclusion in closing his estate, determine Mary's estate tax exclusion when she dies if she and her spouse elected to gift split on all taxable gifts. Clearly show your calculations. 3. Mary wants to transfer property into an irrevocable trust she created, but she intends to retain the right to change the beneficiaries. Analyze the circumstances that are required for Mary’s transfer to be a completed gift. 4. Explain to Mary the gift tax annual exclusion and why it was enacted. 5. Differentiate between a present interest and a future interest. How do they apply to Mary’s situation?

Suppose Liam's Kitchen, a restaurant,: serves two items: hamburgers and french fries. With all employees working diligently, the restaurant can produce these combinations each hour.

Type of Product:   Production Alternatives

A B C D E

Burgers 0 10 20 30 60

Fry Bags 100 90 70 40 0

Calculate the opportunity costs of moving from one point to each of the others: Provide the answers after showing all work, and explain if theses costs are constant. What would it mean if the kitchen was actually making 35 Burgers and 45 Fries from Fry Bags? What would it mean if the kitchen was actually making 15 Burgers and 70 Fries from fry bags?

(Rubric: 12.5 points - 1) calculate the opportunity costs and show the work.; 2) Explain the 35-45 question; 3) Answer whether the opportunity costs are fixed or not; and 4) Explain the 15-75 question. 10 points - one of the two explanations is only a "word" not a sentence, and/or one of the points isn't identified. May not be some calculations. 8 points - Neither explanation is a complete sentence, and some of the points aren't identified. May not be many calculations. 6.25 points or less points - This is a failing score for the question. The answer is worse than that required for 8 points.)   

Competency

Evaluate accounting-related legal and ethical business implications.

Scenario

During your weekly meeting, the Director of Accounting has shared with you the topics discussed at a recent Association of Certified Fraud Examiners (ACFE) meeting. Of particular interest was the agenda item about how some companies have gotten in regulatory trouble with the SEC over their revenue and expense recognition practices. While you both are confident that there are no issues relating to this at your company, you both decided that you wanted to learn more about these cases.

The Director of Accounting wants you to research two such cases and write a summary report to present at the next Accounting Department meeting. The director believes that understanding what has happened to other companies in this area of accounting can help prevent issues in your company.

The Director provides you with the SEC website that they have used in the past to do article searches: www.sec.gov

Instructions

You are asked to select two recent SEC actions against companies (not individuals) that relate to revenue and expense recognition and Prepare a Word document that:

1. summarizes reasons for the SEC actions.
2. identifies the SEC issues related to accounting data and/or operations and the remedial actions assigned and/or penalties given to the company.
3. critiques the remedial actions/penalties.
4. Gives an opinion as to whether you believe they will be effective in preventing future violations by the company.

1. Find Apple Inc.'s 10-K filings that will give you their financial data for the past 5 years. Note: you could find it on Apple, Inc.'s investor relations' website: http://investor.apple.com/financials.cfm or in EDGAR. 2. Create a spreadsheet where you will enter the 5-year data from the report (from page 24 of Apple's 2015 10-K report). 3. In your spreadsheet, build a similar set-up with the column in the left showing all the lines, e.g. from Net Sales down to Total Shareholder's Equity. 4. Then create columns for the 5 years of historical data (2011) to (2015) - you will note that their fiscal year ends in September. 5. Using this year-by-year historical data, calculate your 3, 5, and 10-year forecasts for each of the rows (i.e. Net Sales, etc., down to Total Shareholder's Equity). You can choose which forecasting method you want to use. 6. After you have completed your forecast, in a Word document, state the type of forecasting method you chose and why. Then write a brief statement as to why Apple's Board of Directors should be confident in these forecasts (for the 3, 5, and 10 years). Remember that hundreds of millions of dollars are at stake. Only one page is necessary for this written statement.

The science of ergonomics studies the influence of "human factors” in technology, i.e., how human beings relate to and work with machines. With the widespread use of computers for data processing, computer scientists and psychologists are getting together to study human factors. One typical study investigated the productivity of secretaries with different word processing programs. An identical task was given to 18 secretaries, randomly allocated to three groups. Group 1 used a primarily menu-driven program. Group 2 used a command-driven program, and Group 3 used a mixture of both approaches. MINITAB produced the following ANOVA. Use it to answer the questions below. One-way ANOVA: Group1, Group2, Group3

S = 0.02191 R-Sq = 99.1% R-Sq(adj) = 99.1% ?0.01 /(1,18) = 8.2854

A. Test the Null Hypothesis that the true mean time is the same for all three groups. As always, clearly state the null and alternative hypotheses. Use a 0.01 level of significance. Show clearly how you make your decision. What conclusion would you arrive at? Make sure you use wording that would make your Statistic teacher happy and then phrase your answer so that a “friend” would understand what your conclusions are.

Describe strategies for safe, effective multidimensional nursing care for clients with acid-base imbalances.

Scenario

Tony is a 56-year-old, Hispanic male that presented to the Emergency Room with complaints of shortness of breath, which he has been experiencing for the past two days. He states “I haven’t felt good for about a week, but couldn’t afford to miss work.” He complains of a cough, fever, and feeling exhausted. Past medical history includes asthma, chronic obstructive pulmonary disease and diabetes. Upon physical examination, you notice that Tony is struggling to breathe, his respiratory rate is 36 breaths per minute and labored, heart rate 115 beats per minute, blood pressure 90/40 mm Hg, and his pulse oximetry is 84% on room air. You notify the MD. He orders oxygen at 4 L via NC and an arterial blood gas.

Tony’s ABG results:

pH 7.28
PaCO2 – 55 mm Hg
PaO2 – 70 mm Hg
HCO3 – 30 mEq/L

Instructions

In a 1-2 page Word document:

1. Determine Tony’s acid-base imbalance
2. Describe possible causes of the imbalance
3. Identify the signs and symptoms that Tony is exhibiting as a result of the acid-base imbalance
4. List the multidimensional care strategies that are appropriate for the care of Tony

As an IT manager, it is imperative to know how well the company you work for is performing overall. This is especially important in order to ensure that the IT operations deliver on supporting the organizational vision and business strategy. Therefore, students will evaluate the factors involved in making the IT department a profit center, especially considering the market's current focus on analytics. First, conduct research to acquire the income statements (also referred to as profit and loss or P&L statements) of any two organizations that have a prominent IT department. Many examples of such organizations are highly publicized and can be located with a general online search for the list of "Fortune 500 companies." You may also utilize the income statements from your own company or a company where you have previously worked. If you decide to include the latter, please use anonymous references for your proposal submission and not include the name of the company. Once the income statements for the two organizations with a prominent IT department have been identified, complete a 250-500 word review with the following components: An analysis of the profitability of the company over various periods of time: monthly, quarterly, or annually. Include a description of the overall areas of success (profits) and any challenging areas (losses). A narrative description of the impact of the P&L on the IT department. Include the specific or potential factors involved in each organization's ability to generate revenue involving IT. A description of the potential methods for reducing IT expenses.

You are planning to buy a residential property of Rs. 5 crores at a desired location. The property is always the one you wanted to have as a new home. Before you start a deal with the broker and the bank, you would like to analyse the current financial position. As you have other obligations to meet, with the current salary you would like to know the loan to be taken and how much can be considered from the personal finances. This process of managing one’s personal finances will help you identify your assets and liabilities and thus a decision whether to buy the residential property or should wait for the near future can be taken. Prepare a financial statement of you as an individual based on your income, expenses, assets and liabilities in a proper format. (Require to provide at least 10 different types of transactions for the purpose of this assignment).

We do not need excel sheet. Answer should be in word format only

a. Identify the transactions that took place in the financial year 2019 – 2020

b. Prepare Profit and Loss Account and Balance Sheet of you as an individual indicating clearly your income, expenses in profit and loss account and assets and liabilities in your balance sheet. (You have been inherited an amount of Rs. 1 crore from your grandfather. Consider this as opening capital for the financial year 2019 – 2020)

In the following keypad notation

Use a class and dynamic allocation of a pointer variable to enter the digit code of the following text input

MONDAY

TUESDAY

WEDNESDAY

THURSDAY

FRIDAY

SATURDAY

SUNDAY

Use an inherited class using pointer variable to output the phone number from the following text input

1-800-COMCAST

1-800-VERIZON

1-800-BANCORP

1-800-MYKOHLS

1-800-JCPENNY

Write C++ code and pseudocode in a doc file

A computer key board has defect (like speech defect in humans) in reading for ‘p’ /’P’ as ‘f’/’F’ or vice versa and ‘n’/’N’ as ‘l’/’L’ or vice versa

Create a class with pointer variables that would correct the spelling of each word from the Input.txt print them in lexical order in an Output.txt. Write C++ code and pseudocode in a doc file

Input.txt

Pootfath

Pnof

Pullen

Fetan

Ficcadinny

Write a C++ program and algorithm for class a having two matrices one 1x5 and another 5x10 as double pointer to integer variables. Use functions to fill values of the pointer variables and output the multiplication of the two matrices. Using a pointer to integer array variable create a member function to sort the multiplied matrix to increasing order of values. Write C++ code and pseudocode in a doc file

consider your last big purchase of a car, consider your decision making process that led you to choose the particular make and model and was it the right time to make this purchase of the car given the economic conditions at the time of the purchase. while analyzing your decision keep in mind everything from interest rates to the prices of complementary and substitute foods are driven by human economic behavior.

develop a minimum of 1050 word analysis of your decision making process include the following:
retrieve stats on GDP and on PCE by the year for the last years. you can retrieve those sources from internet sourcing for internetsourcing. Post in a single worksheet on excel and discuss the trends in 10 years.
retrieve stats on the effective federal funds rate on the consumer price index. All items less food and energy by year for the last 30 years, post these stats in a single worksheet. in your report if you took out a loan discuss how the trends in the effective federal funds rate compare trends with inflation. what's your loaninerest rate on car, were interest rates falling spartan the time, where interest rates relatively higher or lower.
discuss the influence of any federal government or state government programs such as tax credits for deductions for saving energy purxhaseson you decision making.

develop conclusions about the economy's influence on personal making relative to purchase