In the US, a cash market for kidneys is not allowed. That is, one is not allowed to sell one’s kidney (or another’s) for money nor profit. Discuss the problem of allocating kidneys without a cash market and discuss how a cash market might solve the problems of those who might supply or demand a kidney. Following Hazlitt, include as part of your discussion not only the groups directly party to such a cash market transaction, but also at least one party not directly involved that would be impacted by the market’s creation.

Our course text tells us that understanding cultural differences is critical to the success of firms engaging in international business. We have learned that Hall and Hall developed the low-context-high-context classification scheme, which focuses on the importance of context within a culture.

Based on what you have read, please describe the difference between high-context and low-context cultures and explain why understanding this difference is important for managers who are trying to develop business opportunities internationally.

This needs to be a python3 code

Write a program that prompts the user like this: “Currency to convert to U.S. dollars: e = Euros, c= Chinese Yuan, r = Indian Rupees, b = Bitcoin: ”. Then depending on which letter the user enters, the program displays “Amount of Euros/Yuan/Rupees/Bitcoin to convert: ”. (Note: the second prompt should only name the one currency the user asked to convert, not all four currencies.) After the user enters the amount, the program displays “In U.S. dollars, that is $N”, (N is the amount converted to U.S. dollars).
Conversion rates (from Google, Aug 25, 2019):
• 1 Euro = 1.11 US dollar • 1 Chinese yuan = 0.14 US dollar • 1 Indian rupee = 0.014 US dollar • 1 Bitcoin = 10283.00 US dollar

what’s the probability that a randomly selected degree earner

1. is female?

2. is female and the person has earned a professional degree?

3. is female or the person has earned a professional degree?

4. is female if the person earned a professional degree?

5. earned a professional degree if the person is female?

6. Does the gender/degree data above suggest that the variables binary gender and degree earned are

   1. Mutually exclusive? Explain,

   2. Independent? Explain.

10)

1. FV of $800 paid each 6 months for 5 years at a nominal rate of 7% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent.

   $  

2. FV of $400 paid each 3 months for 5 years at a nominal rate of 7% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent.

   $  

3. These annuities receive the same amount of cash during the 5-year period and earn interest at the same nominal rate, yet the annuity in part b ends up larger than the one in part a. Why does this occur?
   -Select- The nominal deposits into the annuity in part (b) are greater than the nominal deposits into the annuity in part (a). The annuity in part (a) is compounded less frequently; therefore, more interest is earned on previously-earned interest. The annuity in part (a) is compounded more frequently; therefore, more interest is earned on previously-earned interest. The annuity in part (b) is compounded less frequently; therefore, more interest is earned on previously-earned interest. The annuity in part (b) is compounded more frequently; therefore, more interest is earned on previously-earned interest.

Big Biceps Ltd (BB) is a company that operates a number of fitness centers (‘gyms’). The company is currently offering potential customers a new gym membership. The terms of the new membership are:

A) For an up-front cash payment of $900, new members will have full access to all training facilities at a nominated gym for a 12-month period. The $900 fee is non- refundable. A 12-month gym membership alone is normally priced at $960.

B) In addition, for the first three months of their membership, new members will receive ‘free’ access once a week to a half-hour individual session with a personal trainer. Three months of such personal training sessions would normally cost member $420.

C) As an added incentive, all new members who attend all of their sessions with the personal trainer in the first two months will receive a ‘free’ set of training weights at the end of that two-month period. BB’s prior experience with such offers is that all members receive the ‘bonus’ items at the end of the qualifying period. The training weights normally have a retail price of $80.

Required

1) Apply the five-step model in AASB 15 to the above facts to decide when the revenue will be recognised by BB for the above gym membership offer. Please provide a table to show the allocation of the transaction price. Round percentages to zero decimal places.

2) Assume D. Friday takes up the new gym membership offer from BB. She pays the membership fee on 1 July 2019. Further assume that BB has adopted AASB 15 and prepares monthly financial statements. What general journal entry(ies) should BB recognise on (a) July 2019 and (b) 31 August 2019?

Stationery Hut is engaged in the purchase and sale of stationery products. The inventory of the
company ranges from carbon pencil to cartridge. It has earned the reputation of delivering high
quality products in a timely manner. The following transactions are relating to Stationery Hut for
the month of April 2020.
Date Transaction
April 1 Purchased merchandise from White Company for OMR 5,000 under credit terms of
1/15, n/30, FOB Shipping Point.
2 Sold merchandise to Terry Company for OMR 1,000 under credit terms of 2/10, n/60,
FOB shipping point. The merchandise had cost OMR 600.
3 Paid OMR 150 cash for freight charges on the purchase of April 1.
8 Sold merchandise that cost OMR 1,200 for OMR 1,800 cash.
9 Purchased merchandise from Kane Company for OMR 2,500 under credit terms of
2/15, n/60, FOB destination.
11 Received OMR 400 credit memorandum from the return of merchandise purchased
on April 9.
12 Received the balance due from Terry Company for the credit sale dated April 2, net
of the discount.
16 Paid the balance due to White Company within the discount period.
19 Sold merchandise that cost OMR 1,000 to July Company for OMR 1,400 under credit
terms of 2/15, n/60, FOB shipping point.
21 Issued OMR 200 credit memorandum to July Company for an allowance on goods
sold on April 19.
22 Paid Kane Company the balance due after deducting the return and discount.
24 Received the balance due from July Company for the credit sale dated April 19, net
of allowance and discount.
30 Sold merchandise that cost OMR 5,000 to Terry Company for OMR 7,000 under
credit terms of 2/10, n/60, FOB shipping point.
Question – 3:
a. Under Perpetual Inventory System, you are required to prepare;
i. Special Journals and General Journal.
ii. Accounts Receivable Subsidiary Ledger Accounts and Accounts Payable Subsidiary
Ledger Accounts. Accounts Receivable Control Account and Accounts Payable Control Account

Suppose Hilary is a single parent with one child, and she is trying to determine the effect of transfer benefits and taxes on her implicit marginal tax rate (and thus her incentive to work). The following table shows the transfer benefits and income taxes at various income levels in the economy in which Hilary resides.

Compute the spendable income level Hilary would have at each level of earned income, and enter these values in the last column.

If Hilary's income from work increased from $18,000 to $24,000, her implicit marginal tax rate would be   .

If Hilary's income from work increased from $24,000 to $30,000, her implicit marginal tax rate would be   .

The three directors of Masks R Us Pty Ltd, successfully negotiate a contract worth $150, 000, on behalf of the company, to supply masks to a large retail chain of stores. Tom and Dick then incorporate a new company, Masks Suppliers Pty Ltd, and cause the new company to perform the supply contact.  Harry is unhappy about this development and contacts ASIC.

Advise ASIC of its options under the Corporations Act and the legal consequences of those options.