19. Matching: Place the number below next to the corresponding business entity being described:

ECI _____

FDAP ______

FIRPTA _____

Portfolio Interest_____

Branch Profits Tax _____

1. Exception from FDAP withholding on interest income from certain portfolio debt investments.

2. 30% withholding tax on passive-type income (interest, dividends, etc..).

3. 30% tax imposed on a foreign corporation based on a deemed distribution of US branch operations.

4. Imposed on 1980 by the Foreign Investment in Real Property Tax Act.

5. A withholding tax on income that is effectively connected with a United States trade or business.

Consider the continuous uniform distribution.

a. Why would you use this to model the distribution of ages of people between the ages of 0 and 50 years in the United States?

b. Why would this likely not be a good distribution to use beyond about 50 years of age?

c. Is this distribution characterized as a PMF or PDF? Explain.

d. What is the mean age? Show your calculation.

e. What is the standard deviation? Show your calculation.

f. What is the probability that a person will be exactly 30 years of age? Explain your answer.

g. What is the probability that a person will be between ages 30 and 31? Show your calculation.

"The 80s, 'Reaganomics', and the Internet" Please respond to the following: (Note: Please respond to one [1] of the following two [2] bulleted items in a primary posting of at least 125 words. In addition, please make a substantive comment to one [1] of your classmates.)

Ronald Reagan drove the United States deeply into debt in the two terms he was president. What did he spend the money on and why? Give three examples.

OR

ARPANET became the Internet and we created the World Wide Web during the 1980's. How did life change for US citizens during the 1980's as a result? Give three examples.

• A firm preparing to introduce a new deodorant has learned that more competitors are offering products formulated for women than men. This finding most likely emerged during the ________ step of the firm’s STP process.

• three-day pass to Disney World in the United States costs $169 per day, or $99 per day for a five-day pass. Which of the following price customization tool is Disney using?

Imagine that fully aware of the challenges to traditional modes of economic commerce presented

by the COVID-19 virus and the ramping up of the inevitable political competition between the United States

and China that currently threatens any previous cooperation between the two largest economies in the world

you have created a strategy that includes the total exclusion of any production dependence on China by switching

all to automated U.S. factories, low cost competitors to China (India, Indonesia, Mexico, etc.) you now need

to implement this strategy in a way that excites both your workforce and your shareholders. Additionally, you

want to lower costs and gain market share.

2. Starkey Percussion, Inc., is a well-established supplier of fine percussion instruments to orchestras all over the United States. The company’s class A common stock has paid a dividend of $7.25 per share per year for the last 12 years. Management expects to continue to pay at that amount for the foreseeable future. Paul Harrison purchased 1,000 shares of Starkey class A common 10 years ago at a time when the required rate of return for the stock was 13%. He wants to sell his share today. The current required rate of return for the stock is 11%. How much capital gain or loss will Paul have on his shares?

Information from the American Institute of Insurance indicates the mean amount of life insurance per household in the United States is $130,000. This distribution follows the normal distribution with a standard deviation of $39,000.

a) If we select a random sample of 68 households, what is the standard error of the mean?

Standard Error of the Mean:

b) What is the expected shape of the distribution of the sample mean?

The distribution will be:

c) What is the likelihood of selecting a sample with a mean of at least $135,000?

Probability:

d) What is the likelihood of selecting a sample with a mean of more than $121,000?

Probability:

e) Find the likelihood of selecting a sample with a mean of more than $121,000 but less than $135,000.

Probability:

You’re a plant manager for a large company that manufactures food products, including yogurt, cereal, and granola bars (among others). Within this company, there are several factories spread across the United States and each produces one or two types of these products. You oversee many employees, but one, in particular, has caught your eye as a star performer. You decide you’d like to discuss her future with the company.

Explain how you would have this developmental conversation with the employees. What main areas should you cover? For each area, what should you be ready to discuss and what should the employee be ready to discuss?

Assigned questions:

For over two hundred years, white males have been the most powerful group in the United States. Through economic exclusions, enforced by laws and reinforced by deep cultural attitudes, there has existed, in effect, a preferential hiring program for white males. In light of that historical reality and the dynamics that remain in our culture, evaluate the contemporary strategy of affirmative action for women and minorities to bring about more fairness in hiring and promotion practices. Draw heavily from the assigned readings and then explain and defend your arguments concerning affirmative action and "reverse discrimination." REMEMBER, YOU MUST USE A THEORY TO SUPPORT YOUR POSITION.