Answer the following questions:

(1). Define the Second fundamental theorem. Use the Edgeworth box to explain.

(2). And write down the Samuelson’s condition for the optimal provision of a public good. Use an example to explain your understanding of it.

(3) And explain the similarities and differences between a Prisoner dilemma and the game of Chicken for voluntary provision of public goods. Provide examples.

(4). What is the voting paradox? Explain the voting paradox in the Business goal game you have learned. If you are playing the game as the leader in the group “Right”, what are your best strategies for your group and explain why?

1. What needs to be proven in order to find an accountant liable for negligence? Explain the four elements.

2. Conduct some Internet research and find a case that involves an accountant being found negligent. Briefly state the facts of the case and explain the court's decision. Provide at least a paragraph of your analysis--do you agree with the court's decision--why or why not?

STUDENTS MUST PROVIDE A REFERENCE TO THE CASE THAT IS USED.

The calculations for a factorial experiment involving four levels of factor A, three levels of factor B, and three replications resulted in the following data: SST = 278, SSA = 28, SSB = 24, SSAB = 174. Set up the ANOVA table. (Round your values for mean squares and F to two decimal places, and your p-values to three decimal places.)

Test for any significant main effects and any interaction effect. Use α = 0.05.

Find the value of the test statistic for factor A. (Round your answer to two decimal places.)

Find the p-value for factor A. (Round your answer to three decimal places.)

p-value =  

State your conclusion about factor A.

Because the p-value > α = 0.05, factor A is not significant.Because the p-value ≤ α = 0.05, factor A is not significant.    Because the p-value ≤ α = 0.05, factor A is significant.Because the p-value > α = 0.05, factor A is significant.

Find the value of the test statistic for factor B. (Round your answer to two decimal places.)

Find the p-value for factor B. (Round your answer to three decimal places.)

p-value =

State your conclusion about factor B.

Because the p-value ≤ α = 0.05, factor B is not significant.Because the p-value > α = 0.05, factor B is significant.    Because the p-value ≤ α = 0.05, factor B is significant.Because the p-value > α = 0.05, factor B is not significant.

Find the value of the test statistic for the interaction between factors A and B. (Round your answer to two decimal places.)

Find the p-value for the interaction between factors A and B. (Round your answer to three decimal places.)

p-value =

State your conclusion about the interaction between factors A and B.

Because the p-value ≤ α = 0.05, the interaction between factors A and B is significant.Because the p-value ≤ α = 0.05, the interaction between factors A and B is not significant.    Because the p-value > α = 0.05, the interaction between factors A and B is significant.Because the p-value > α = 0.05, the interaction between factors A and B is not significant.

Does US GAAP currently demand or permit the use of a MEZZANINE section in the Balance Sheet?

Use the index method to verify Griffiths' Eq. (vi) in Section 1.2.6 , the curl of a cross product:

∇×(A×B) = (B·∇)A−(A·∇)B+A(∇·B)−B(∇·A)

Use the method of this section to solve the linear programming problem.

The minimum is C =  

at (x, y, z) =

.

Use the technique developed in this section to solve the minimization problem.

The minimum is C =

at (x, y, z) = .

6. Use the foreign exchange section of a current issue of the wall street journal to look up the six currencies in problem 19-5. A. What is the current exchange rate for changing dollars into 1,000 units of pounds, Canadian dollars, euros, yen, Mexican pesos, and Swedish kronas? B. What is the percentage gain or loss between the May 29, 2014, exchange rate and the current exchange rate for each of the currencies in part A? 9. Use the foreign exchange section of a current issue of the wall street journal to look up the three currencies in problem 19-8. What is the current exchange rate between Swedish kronas and pounds? 10. Assume that interest rate parity holds. In the spot market 1 Japanese yen = $0.00982, while in the 90-day forward market 1 Japanese yen = $0.00983. In Japan, 90-day risk-free securities yield 2%. What is the yield on the 90- day risk- free securities in the United States?

USE INDIRECT METHOD

The profit or loss section of the statement of comprehensive income of ITS NOT OK NOT TO BE OK company for the year ended December 31, 2020 as reproduced below:

Sales- 6,100,000

COGS- 3,700,000

GROSS PROFIT- 2,400,000

Gain on sale of equipment- 100,000

Salaries expense- (820,000)

Insurance expense- 380,000

Depreciation expense- 220,000

Profit before interest and income tax -1,080,000

Interest Expense- 120,000

Profit before income tax- 960,000

Income tax expense- 288,000

Profit- 672,000

The following info is also available

Decrease in AR- 120,000

Increase in Inventory- 280,000

Decrease in AP- 160,000

Increase in Salaries Payable- 100,000

Increase in Prepaid Insurance- 180,000

Decrease in interest payable- 30,000

Increase in income tax payable- 18,000

REQUIRE: PREPARE INDIRECT METHOD

Stockholders’ Equity Section Use the information presented in the table and shown below to prepare the stockholders’ equity section of ABC Company's balance sheet at December 31, 2017. At December 31, 2017, ABC Company had the following number of common and preferred shares. Common Preferred Authorized 600,000 60,000 Issued 200,000 10,000 Outstanding 190,000 10,000 The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share.