Categorizations of race and ethnicity have changed since we began conducting the U.S. Census (which occurs every ten years and has many purposes). White and Negro were early categories, but today Americans can choose from multiple categories, including Native American, Inuit, Hispanic, Asian and so on. And, you can choose more than one ethnic/racial category, reflecting the multiracial character of the population. In December 2013, the Census Bureau at the request of the White House proposed adding a new racial category to the 2020 Census for people from the Middle East and North Africa (MENA) who have until this point been classified as “white.” An article in The Washington Post (https://www.washingtonnpost.com/local/socialissues/a-proposal-to-add-a-us-census-category-for-people-of-middle-eastern-descent-makes-some-uneasy/2016 expressed alarm that this classification comes at a time of rising Islamophobia. Since the article appeared we have seen attempts to exclude individuals from selected predominantly Muslim countries from coming to the United States. Similarly, we have seen increased deportations of Hispanic immigrants (putting aside the question of their legal status). In fact, a decision about whether to deport “the Dreamers,” who are the children of immigrants who came to this country when they were children is pending in the Congress. The Census is an attempt to quantify and categorize who lives in the United States and has legitimate goals. Some activist groups, however, see potential problems if individuals provide this information asking will those who identify themselves as MENA (or Hispanic, Latino, Chicano) be profiled and placed under surveillance. Based on what we have discussed on racism, persecution of “the other,” and even historical examples, such as the Holocaust, what is your opinion of this proposed change to the Census? Using your sociological imagination, examine the political and social context and the implications of this change for individuals.
In: Psychology
Once the Consumer Product Safety Commission (CPSC) prohibits the sale of a particular product in the United States, a manufacturer can no longer sell the product to U.S. wholesalers or retailers. However, the product can be sold in other countries that have not prohibited its sale. The same is true of other countries' sales to the United States. For example, Great Britain outlawed the sale of the prescription sleeping pill, Halcion, but sales of the drug continue in the U.S. The British medical community reached conclusions regarding the pill's safety that differed from the conclusions reached by the medical community and the Food and Drug Administration in the U.S. Some researchers who conducted studies on the drug in the U.S. simply concluded that stronger warning labels were needed.
The CPSC outlawed the sale of three-wheeled all-terrain cycles in the U.S. in 1988. While some manufacturers had already turned to four-wheel models, other manufacturers still had inventories of three-wheel cycles. Testimony on the cycles ranged from contentions that the vehicles themselves were inherently dangerous, to arguments that the vehicles
were safe but drivers were too young, too inexperienced, and more inclined to take risks. Still, the three-wheeled vehicle can be sold outside the U.S. For many companies, chaos follows a product recall because inventory of the recalled product may be high. Often, firms must decide whether to "dump" the product in other countries or take a write-off that could
damage earnings, stock prices, and employment stability. If you were a manufacturer holding substantial inventory of a product that has been outlawed in the U.S., what ethical concerns would you have about selling the product in countries that do not [yet] prohibit its sale? Please discuss those concerns and the arguments for and against taking action based on those concerns. To what extent will your decision be affected by the level of the write-down in income you must take?
In: Finance
Eric and Pat are baseball fans. They drove to the local stadium in Eric's car to watch a game, and decided to park in the parking garage. When driving into the parking garage, they were required to take a ticket in order to get access to the garage. The cost for parking the car was $15.00, which was not due until exiting the garage. After taking the ticket, they parked the car and then walked across the street to the game. When the game was over, they walked back to the car. Upon approaching Eric's vehicle, they noticed that one of the windows had been smashed in. Everything inside had been taken, including Pat's work laptop which had been sitting in a bag in the backseat of the car. Eric and Pat were upset that the parking garage security didn't notice and prevent this crime from happening. Eric and Pat filed a lawsuit against the company that runs the parking garage. The company (ABC Co.) defended, stating that on the back of the ticket is a clause which states the following in conspicuous lettering: "ABC Co. is not liable for any loss of contents or damage caused to vehicles parked in the garage due to its own negligence or the actions of any other person." Will the court uphold the clause on the parking ticket? Make sure to fully explain your answer. This means including the law that applies and the reasoning in applying that law.
In: Economics
Last week we learned more about important concepts in the area of Distribution and about the job of Revenue Manager. Two of the most heavily negotiated points in the distribution channel agreements are Last Room Availability and Rate Parity. Which of these do you feel is the most beneficial to the hotel, and why?
In: Operations Management
4. Understanding the facts/background of a transaction: Caesars Entertainment is in negotiations to purchase a new hotel. You are an analyst in the accounting policy department and are in the first step of the research process (understanding the facts/background of the transaction). Identify three resources you could consult to gather additional background/precedent for this issue.
In: Accounting
In: Economics
"The City Ledger"
define what city-ledger, then categories and discussed/ create a list of best practices for a hotel chain of your choice. (Be sure to briefly describe the chain in your response.)
Analyze the mechanics of the entry and make at least one recommendation for improving the process. Please be as creative as you like.
In: Operations Management
(Foreign Pension)
Elizabeth Windsor is 59 years old. She is a resident taxpayer with private health insurance. She also received a government pension from the United Kingdom that is taxable in Australia but not in the United Kingdom. Elizabeth is subject to tax as an Australian resident taxpayer but exempt from tax in the United Kingdom.
During the 2017/18 tax year, Elizabeth derived interest and unfranked dividends of $39,000 and also received $25,000 of pension.
Required:
This is my answer for part a
|
Particular |
Amount $ |
|
Receipt of Pension |
$25000 |
|
Unfrank Dividend |
$39000 |
|
Less deductible amount - New Zealand pension |
8% * $25,000 = 2000 |
|
Total Taxable income |
62000 |
I need help with part b
b) Calculate Elizabeth’s tax payable or refundable for the 2017/18 tax year.
Q2 Stan Eckhardt, aged 57, received a superannuation lump sum of $310,000 from his superannuation fund upon retirement on 15 April 2018. PAYG tax of $28,170 was withheld from the lump sum. The lump sum comprised entirely of an element taxed in the fund.
Stan also received gross wages of $85,000 up to the date of his retirement. PAYG tax of $22,110 was withheld from Stan’s wages. Stan has adequate private health insurance.
Required:
a) Calculate Stan’s taxable income for the 2017/18 tax year.
This is the answer for part (a) which I have it right answered Below:
Computation of taxable income for 2017-2018 :
Receipt from Super Annuation fund = $310,000
Receipt from annual wages = $85,000
Total income for the year 2017-2018= $395,000
Total taxable income for 2017-2018- $ 395,000
Note: In the United States of America Super annuation fund is not tax deductible and hence any receipt from super annuation fund is taxable in the year of receipt.
I only need help with part b
b ) Calculate Stan’s net tax payable or refundable for the 2017/18 tax year.
In: Accounting
Movie Theater Attendance The data shown are the weekly admissions, in millions, of people attending movie theaters over three different time periods. At α = 0.05, is there a difference in the means for the weekly attendance for these time periods?
Use the traditional method of hypothesis testing unless otherwise specified.
a. State the hypotheses and identify the claim.
b. Find the critical value.
c. Compute the test value.
d. Make the decision.
e. Summarize the results.
|
1950–1974 |
1975–1990 |
1991–2000 |
|
58.0 |
17.1 |
23.3 |
|
39.9 |
19.9 |
26.6 |
|
25.1 |
19.6 |
27.7 |
|
19.8 |
20.3 |
26.5 |
|
17.7 |
22.9 |
25.8 |
H0: μ1 = μ2 = μ3. H1: At least one mean is different from the others (claim); C.V. = 3.89; d.f.N. = 2; d.f.D. = 12; α = 0.05; F = 1.89; do not reject. There is not enough evidence to support the claim that at least one mean is different from the others.
In: Statistics and Probability
Tiger Furnishings produces two models of cabinets for home
theater components, the Basic and the Dominator. Data on operations
and costs for March follow:
| Basic | Dominator | Total | |||||||
| Units produced | 1,180 | 390 | 1,570 | ||||||
| Machine-hours | 3,100 | 2,900 | 6,000 | ||||||
| Direct labor-hours | 2,200 | 2,100 | 4,300 | ||||||
| Direct materials costs | $ | 18,000 | $ | 5,750 | $ | 23,750 | |||
| Direct labor costs | 63,000 | 47,000 | 110,000 | ||||||
| Manufacturing overhead costs | 187,810 | ||||||||
| Total costs | $ | 321,560 | |||||||
Tiger Furnishings’s CFO believes that a two-stage cost allocation
system would give managers better cost information. She asks the
company’s cost accountant to analyze the accounts and assign
overhead costs to two pools: overhead related to direct labor cost
and overhead related to machine-hours.
The analysis of overhead accounts by the cost accountant follows:
| Manufacturing Overhead | Overhead Estimate |
Cost Pool Assignment | |
| Utilities | $ | 1,500 | Machine-hour related |
| Supplies | 4,300 | Direct labor cost related | |
| Training | 8,600 | Direct labor cost related | |
| Supervision | 25,800 | Direct labor cost related | |
| Machine depreciation | 27,000 | Machine-hour related | |
| Plant depreciation | 19,500 | Machine-hour related | |
| Miscellaneous | 101,110 | Direct labor cost related | |
Required:
b. Compute the product costs per unit assuming that Tiger Furnishings uses direct labor costs and machine-hours to allocate overhead to the products. (Do not round intermediate calculations. Round your final answers to the nearest whole number.)
|
In: Accounting