Digitalis is a technology company that makes high-end computer processors. Their newest processor, the luteA, is going to be sold directly to the public. The processor is to be sold for

$3600

, making Digitalis a profit of

$396

. Unfortunately there was a manufacturing flaw, and some of these luteA processors are defective and cannot be repaired. On these defective processors, Digitalis is going to give the customer a full refund. Suppose that for each luteA there is an

11%

chance that it is defective and an

89%

chance that it is not defective.

Unlike individual incentive programs, group and companywide incentive programs reward individuals based on the group and companywide performance standards, respectively. Under group and companywide incentive programs, it is possible for poor performers to benefit without making substantial contributions to group or company goals. What can companies do to ensure that poor performers do not benefit?

1.   Can you think of any additional drawbacks that test-first development approach might bring?
2.   Considering the Distributed Team challenges which are listed below, find the solution for each individual.
•   Different Time Zones
•   Lack of Communication
•   Adopt the company culture
•   Lacking in building strong relationships

can you solve it please

Purple Company records $200,000 in net income for 2019 before deducting any compensation or other payment to its sole owner, Kirsten. Kirsten is single and she claims the $12,200 standard deduction. Purple Company is Kirsten's only source of income.

Ignoring any employment tax considerations, compute Kirsten's after-tax income for each of the following situations.

Click here to access the 2019 individual tax rate schedule to use for this problem. Assume the corporate tax rate is 21%.

Purple is a C corporation and pays out all of its after-tax income as a dividend to Kirsten.

Note: Individual taxpayers received preferential treatment regarding the taxation of qualified dividends (0%,15%,20%). For single taxpayers, the 0 percent rate applies to the first $38,600 of taxable income.

Purple Corporation's after-tax income is $ and Kristen's after tax income is $

Purple is a C corporation and pays Kirsten a salary of $158,000. Kirsten's after-tax income is

Tami Tyler opened Tami’s Creations, Inc., a small manufacturing company, at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain on Ms. Tyler’s personal finances. The following income statement for the first quarter was prepared by a friend who has just completed a course in managerial accounting at State University.

Ms. Tyler is discouraged over the loss shown for the quarter, particularly because she had planned to use the statement as support for a bank loan. Another friend, a CPA, insists that the company should be using absorption costing rather than variable costing and argues that if absorption costing had been used the company probably would have reported at least some profit for the quarter.

At this point, Ms. Tyler is manufacturing only one product—a swimsuit. Production and cost data relating to the swimsuit for the first quarter follow:

Required:

3. During the second quarter of operations, the company again produced 31,500 units but sold 34,500 units. (Assume no change in total fixed costs.)

a. What is the company’s variable costing net operating income (loss) for the second quarter?

b. What is the company’s absorption costing net operating income (loss) for the second quarter?

c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter.

Tami Tyler opened Tami’s Creations, Inc., a small manufacturing company, at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain on Ms. Tyler’s personal finances. The following income statement for the first quarter was prepared by a friend who has just completed a course in managerial accounting at State University.

Ms. Tyler is discouraged over the loss shown for the quarter, particularly because she had planned to use the statement as support for a bank loan. Another friend, a CPA, insists that the company should be using absorption costing rather than variable costing and argues that if absorption costing had been used the company probably would have reported at least some profit for the quarter.

At this point, Ms. Tyler is manufacturing only one product—a swimsuit. Production and cost data relating to the swimsuit for the first quarter follow:

Required:

3. During the second quarter of operations, the company again produced 31,400 units but sold 34,400 units. (Assume no change in total fixed costs.)

a. What is the company’s variable costing net operating income (loss) for the second quarter?

b. What is the company’s absorption costing net operating income (loss) for the second quarter?

c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter.

Tami Tyler opened Tami’s Creations, Inc., a small manufacturing company, at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain on Ms. Tyler’s personal finances. The following income statement for the first quarter was prepared by a friend who has just completed a course in managerial accounting at State University.

Ms. Tyler is discouraged over the loss shown for the quarter, particularly because she had planned to use the statement as support for a bank loan. Another friend, a CPA, insists that the company should be using absorption costing rather than variable costing and argues that if absorption costing had been used the company probably would have reported at least some profit for the quarter.

At this point, Ms. Tyler is manufacturing only one product—a swimsuit. Production and cost data relating to the swimsuit for the first quarter follow:

Required:

3. During the second quarter of operations, the company again produced 33,200 units but sold 38,200 units. (Assume no change in total fixed costs.)

a. What is the company’s variable costing net operating income (loss) for the second quarter?

b. What is the company’s absorption costing net operating income (loss) for the second quarter?

c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter.

5. X is a normally distributed random variable with a mean of 8 and a standard deviation of 3. The probability that X is between 6 and 10 is

a. 0.7486

b. 0.4972

c. 0.6826

d. 0.8413

The weight of football players is normally distributed with a mean of 200 pounds and a standard deviation of 20 pounds.

6. The probability of a player weighing more than 240 pounds is

a. 0.0197

b. 0.9803

c. 0.4803

d. 0.0228

7. Refer to the information in Q6. The probability of a player weighing less than 220 pounds is

a. 0.8413

b. 0.9938

c. 0.4938

d. 0.1587

8. What percent of players weigh between 170 and 230 pounds?

a. 50%

b. 86.64%

c. 68.26%

d. 99.72%

A professor at a local university noted that the grades of her students were normally distributed with a mean of 76 and a standard deviation of 10.

9. The professor has informed us that 16.6 percent of her students received grades of A. What is the minimum score needed to receive a grade of A?

a. 85.7

b. 87.7

c. 88.3

d. 88.7

CHINA TARGETING 8% GROWTH IN 2010
At the beginning of 2010 the Chinese government announced that it was targeting 8% growth for the economy
again, despite the global recession. The target had been 8% for a number of years and the government had
always met it.
About 9% growth is expected in 2010 thanks to huge government fiscal and monetary stimulus measures. The
Chinese economy is the third largest in the world. Forecasts for economic growth made by the International
Monetary Fund for 2010 included China 9.2%, UK 0.9%, Japan 1.7%, US 1.5% and India 6.4%. However,
government officials in China recognized that growth was not guaranteed. China relies heavily on exports and
so is vulnerable to economic change elsewhere in the world.
Adapted: Gillespie, A (2013), Business Economics, Oxford University Press
QUESTION 1 (25)
1.1 Discuss what is meant by economic growth and why is economic growth often important to governments.
(10)
1.2 8% is relatively fast economic growth by international standards for China. Critically evaluate the sources of
economic growth for China and why the country set such as high target?

Alice’s parents are very strict with her. In her family, her father always makes decisions about everything from what kind of car they will buy to how weekend time is spent. She is required to obey her parents and never question the reasons for their rules. What can you tell us about her family situation? What would research lead us to believe Alice will be like in childhood and adolescence?