1. The purpose(s) of the U.S. The Constitution includes which of the following:
a. create three coequal branches of the federal government.
b. delegate and enumerate the powers of each of the federal branches of government.
C. provide procedural protections to businesses, citizens, and persons from government interference.
d. All of the answer choices are correct.
2. The power of Congress to regulate commerce comes from……,,,,
a. states' legislatures. the U.S. Constitution's Commerce Clause.
b. the U.S. President's executive orders
C. states’ legislature
d. states' commerce commissions.
3. Congress passed a law prohibiting companies from donating money to political campaigns. If a company challenges this law as unconstitutional in federal court, what could the court do?
A. Dismiss the lawsuit because companies are not people and therefore cannot sue or be sued.
b. Exercise the power of judicial review and declare the law to be unconstitutional, a violation of Ist Amendment free speech rights
d. None of the answers could possibly be correct.
c. Dismiss the lawsuit because the federal government cannot be challenged (doctrine of preemption).
4. The clause in the U.S. The Constitution providing that federal laws are always supreme to any conflicting state law is known as…...
a.the doctrine of preemption
b. Equity. |
c. the federal Commerce Clause. the Supremacy Clause
d. The supremacy clause
5. The……..provides people and businesses certain protections from interference by the government.
a. enumeration of powers doctrine
b. Commerce Clauses
C. Bill of Rights (Amendments I- 10)
d. Constitutional Right of Privacy
6. With regard to the right to privacy, which statement below is most correct?
a.The U.S. The Constitution provides a clear, unambiguous absolute right to privacy.
b. The U.S. Supreme Court recognized a constitutional right of privacy in a case involving a woman's right to regulate reproduction.
c.The right of privacy was added by an amendment to the U.S. Constitution. Without this amendment, it would not exist.
d. The privacy rights recognized in the U.S. The Constitution extends to the workplace because courts have stated that employees have a reasonable expectation of privacy on the job.
7. …………...in the U.S. The Constitution imposes procedural requirements on govermments when their actions impact the life, liberty, or property of persons. .
a. The Due Process Clause of the Fifth and Fourteenth Amendment
b. The constitutional right of privacy
c. The Equal Protection Clause of the Fourteenth Amendments
d. The Articles of Confederation
8. According to the U.S. Constitution, which branch of the federal government's three branches has the most power?
A. The judicial branch.
b. The legislative branch.
c. The executive branch.
d. The three branches are coequal in power.
9. Which statement below best explains the Equal Protection clause of the Constitution's Fourteenth Amendment?
a it requires government to treat people in the same situation in the same manner (that is, equally)
C It provides each of the three branches of government equal powers and equal protection from the other two branches.
b. It should be called "unequal'' protection because it allows the government to treat people differently when in the same situation.
d. None of the answers are correct.
10. A business owner operating a business in a highly regulated industry (such as healthcare, banking, liquor establishments) has …………... expectation of privacy in his commercial property than he has in his personal (private) property such as his home.
A the same
B.more
C. I don't know :(
d. less
In: Accounting
A polling organization collected data on a sample of 60 registered voters regarding a tax on the market value of equity transactions as one remedy for the budget deficit.
|
Opinion about Market Tax |
Education |
||
|
High School |
College Grad. |
MBA |
|
|
Favorable |
15 |
5 |
0 |
|
Undecided |
10 |
8 |
2 |
|
Unfavorable |
0 |
2 |
18 |
a. Compute gamma for the table.
b. Compute tau b or tau c for the same data.
c. What accounts for the differences?
d. Decide which is more suitable for these data.
Please answer all parts. Do not copy answers from other source. NEED FULL EXPLANATION. Please paste excel screenshot if you are using it.
In: Statistics and Probability
1. (10) Evaluate each of the following statements – how does the situation affect the incentive to invest in a college degree? Why?
a. People who going into craft training programs such as carpentry or plumbing are making high wages.
b. A husband is planning to stay at home to raise his children.
c. Two siblings have entered college – one is a straight-A student with plenty of scholarships while the other maintained a 1.5 GPA in high school and must pay for most of their education out of pocket or through loans.
d. A college athlete receives a full scholarship to play hockey for the university he attends.
e. A 60-year old worker is deciding whether or not to pursue an MBA.
In: Economics
Suppose marginal benefit from a hectare of for a public park (assume it is a pure public good) for two groups of consumers (A and B) is given by: MBa = 10 − Q and MBb = (8 – Q)/2 where Q is the number of hectares of the park. To simplify our analysis, assume that there are only 1 consumer of each type. The marginal cost to provide the park is a constant $5.
a) What is the socially efficient number of hectares for the park?
b) Assume that the consumers each makes a voluntary contribution to a fund which will be used to build the park. The size of the park depends on the amount of money collected. How many hectares will be built in the end? Assume both consumers know the marginal cost and marginal benefit function of each type.
In: Economics
A retail corporation wants to know how often a customer returns items in a year. The company’s data analytics team analyzed customers’ shopping behavior and came up with three categories of customers. Customers in category 1 do not return items often. Customers in category 2 return some items, and customers in category 3 heavily return items. Suppose that the data analytics team modeled the number of returns in each category of customers according to a Poisson process with rates λ1 = 1 per year, λ2 = 4 per year, and λ3 = 10 per year for categories 1, 2, and 3, respectively. Category 1 customers constitute 30% of the customer base of this retail corporation, whereas Category 2 and 3 customers constitute 60% and 10% of the customer base, respectively.
(a) What is probability that the company gets 10 returned items from a customer during 2019 and 2020 (this time period includes both years 2019 and 2020)? Do NOT calculate a number. Just write an expression for this probability.
(b) Compute the mean and variance of the number of returned items for a customer during 2019 and 2020.
(c) Now consider a category 2 customer. Compute the mean and variance of the number of returned items for this customer (=a category 2 customer) during 2019 and 2020.
(d) Given that a customer returns 10 items in his or her first 2 years, what is the probability this is a category 2 customer? Do NOT calculate a number. Just write an expression for this probability.
In: Statistics and Probability
Kingbird Company reported the following amounts in the stockholders’ equity section of its December 31, 2019, balance sheet.
| Preferred stock, 9%, $100 par (10,000 shares authorized, 1,800 shares issued) | $180,000 | |
| Common stock, $5 par (92,000 shares authorized, 18,400 shares issued) | 92,000 | |
| Additional paid-in capital | 112,000 | |
| Retained earnings | 462,000 | |
| Total | $846,000 |
During 2020, Kingbird took part in the following transactions
concerning stockholders’ equity.
| 1. | Paid the annual 2019 $9 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. | |
| 2. | Purchased 1,500 shares of its own outstanding common stock for $44 per share. Kingbird uses the cost method. | |
| 3. | Reissued 700 treasury shares for land valued at $31,700. | |
| 4. | Issued 540 shares of preferred stock at $106 per share. | |
| 5. | Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $43 per share. | |
| 6. | Issued the stock dividend. | |
| 7. | Declared the annual 2020 $9 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2021. |
Prepare journal entries to record the transactions described above
Prepare the December 31, 2020, stockholders’ equity section. Assume 2020 net income was $317,000.
In: Accounting
|
|
Prepare the December 31, 2020, stockholders’ equity section. Assume 2020 net income was $314,000. (Enter account name only .Do not provide any descriptive information.)
In: Accounting
Wildhorse Ltd. purchased a new machine on April 4, 2017, at a cost of $180,000. The company estimated that the machine would have a residual value of $18,000. The machine is expected to be used for 12,960 working hours during its four-year life. Actual machine usage was 1,300 hours in 2017; 1,900 hours in 2018; 2,500 hours in 2019; 1,900 hours in 2020; and 2,100 hours in 2021. Wildhorse has a December 31 year end.
(a)
Calculate depreciation for the machine under each of the
following methods: (Round expense per unit to 2 decimal
places, e.g. 2.75 and final answers to 0 decimal places, e.g.
5,275.)
(1) Straight-line for 2017 through to 2021.
|
2017 expense |
$enter a dollar amount | ||
|---|---|---|---|
|
2018 expense |
$enter a dollar amount | ||
|
2019 expense |
$enter a dollar amount | ||
|
2020 expense |
$enter a dollar amount | ||
|
2021 expense |
$enter a dollar amount |
(2) Diminishing-balance using double the
straight-line rate for 2017 through to 2021.
|
2017 expense |
$enter a dollar amount | ||
|---|---|---|---|
|
2018 expense |
$enter a dollar amount | ||
|
2019 expense |
$enter a dollar amount | ||
|
2020 expense |
$enter a dollar amount | ||
|
2021 expense |
$enter a dollar amount |
(3) Units-of-production for 2017 through to
2021.
|
2017 expense |
$enter a dollar amount | ||
|---|---|---|---|
|
2018 expense |
$enter a dollar amount | ||
|
2019 expense |
$enter a dollar amount | ||
|
2020 expense |
$enter a dollar amount | ||
|
2021 expense |
$enter a dollar amount |
In: Accounting
Consider this FOB Destination- FOB Shipping Point scenario:
Brian Inc. sold $1,000,000 worth of inventory/merchandise to Lisa Enterprises on Feb 14, 2020.
The inventory was loaded onto a truck and shipped from Cali to NY that same day- Feb 14, 2020
It is expected to arrive in NY on Feb 14, 2020
Based on the shipping documents this shipment to NY is being sent FOB Destination
Who does the $1,000,000 worth of inventory/ merchandise belong to on Feb 18, 2020 while the shipment is in transit from Cali to NY- Brian Inc. or Lisa Enterprises?
a. The inventory still belongs to Brian Inc. on Feb 18,2000
b. The inventory belongs to Lisa Enterprises
c. No answer text provided
2. Failure to prepare and record an adjusting entry, at the end of a reporting period, can cause financial statements to be misleading. If the accountants does not record additional revenue earned on the last day of the reporting period (assume a new sale):
a. Net Income will be overstated (artificially high)
b. No answer text provided
c. Liabilities will be understand (artificial low)
d. Revenues will be understand (artificially low) and assets will be understand (artificially low)
3. Is Match the user group to their classification external or internal users?
4. A company (the purchaser) uses the perpetual inventory method….and pays the transportation/ shipping costs to bring that inventory to their physical warehouse. This transportation/shipping costs would impact the accounting records as follows:
a. Inventory account is not affected
b. Freight-in accounts is increased
c. nventory account is increased
d. Delivery Expense account is increased
In: Accounting
You are the CEO of Fitbit and have made a decision to advance the wearable bracelet/watch to manage hypertension (a chronic disease). Discuss the critical elements that you have to attend to if the device is to succeed. (Refer to the Fitbit case study).
In: Nursing