Typically, some factor, other than the product’s own price, is either a determinant of the quantity demanded, or the quantity supplied. When it comes to the market for ice cream, however, frozen yogurt is an exception. As you saw, frozen yogurt is both a substitute in consumption and a substitute in production (because firms that make ice cream usually also produce frozen yogurt). We examined how a change in the price of frozen yogurt affects the demand side and the supply side of the market for ice cream independently. Let us now focus on the entire picture. Starting from the equilibrium position in the market for ice cream, suppose that the price per unit of frozen yogurt rose. In a SINGLE diagram, a) illustrate graphically what will happen to the market demand curve and the market supply curve for ice cream and show the ultimate equilibrium point, equilibrium price per unit of ice cream and equilibrium quantity of ice cream after this change. b) How does the ultimate equilibrium price of ice cream compare with the original equilibrium price? How does the ultimate equilibrium quantity of ice cream compare with the original equilibrium quantity? Provide a very short explanation for your answers. If you think that, in addition to the case depicted in your diagram in part a), there may be other possibilities, illustrate each of them graphically next to the first diagram.

3. Typically, some factor, other than the product’s own price, is either a determinant of the quantity demanded, or the quantity supplied. When it comes to the market for ice cream, however, frozen yogurt is an exception. As you saw, frozen yogurt is both a substitute in consumption and a substitute in production (because firms that make ice cream usually also produce frozen yogurt). We examined how a change in the price of frozen yogurt affects the demand side and the supply side of the market for ice cream independently. Let us now focus on the entire picture. Starting from the equilibrium position in the market for ice cream, suppose that the price per unit of frozen yogurt rose. In a SINGLE diagram,

a) illustrate graphically what will happen to the market demand curve and the market supply curve for ice cream and show the ultimate equilibrium point, equilibrium price per unit of ice cream and equilibrium quantity of ice cream after this change.
b) How does the ultimate equilibrium price of ice cream compare with the original equilibrium price? How does the ultimate equilibrium quantity of ice cream compare with the original equilibrium quantity? Provide a very short explanation for your answers. If you think that, in addition to the case depicted in your diagram in part a), there may be other possibilities, illustrate each of them graphically next to the first diagram.

Price Company purchased 90% of the outstanding common stock of Score Company on January 1, 2011, for $450,450. At that time, Score Company had stockholders’ equity consisting of common stock, $202,200; other contributed capital, $162,200; and retained earnings, $91,300. On December 31, 2015, trial balances for Price Company and Score Company were as follows:

Price Company’s note receivable is receivable from Score Company. Interest of $7,460 was paid by Score to Price during 2015. Any difference between book value and the value implied by the purchase price relates to goodwill.

Prepare a consolidated statements workpaper on December 31, 2015. (List items that increase retained earnings first.)

Camille Sikorski was divorced in 2017. She currently provides a home for her 15-year-old daughter Kaly. Kaly lived in Camille’s home for the entire year, and Camille paid for all the costs of maintaining the home. She received a salary of $105,000 and contributed $6,300 of it to a qualified retirement account (a for AGI deduction). She also received $16,000 of alimony from her former husband (per divorce decree issued in 2017). Finally, Camille paid $17,300 of expenditures that qualified as itemized deductions. (Use the tax rate schedules and 2019 rules.)

What is Camille's taxable income?

What would Camille’s taxable income be if she incurred $12,800 of itemized deductions instead of $17,300?

Assume the original facts but now suppose Camille’s daughter, Kaly, is 25 years old and a full-time student. Kaly’s gross income for the year was $7,300. Kaly provided $4,380 of her own support, and Camille provided $7,300 of support. What is Camille’s taxable income?

A. A sample of difference scores from a repeated-measures experiment has a mean difference of M_D = 3 with an estimated standard error of s_M = 1. If the sample size is n = 4, is this result sufficient to reject the null hypothesis, using a two-tailed test with alpha = .05?

B.

Hout, Duncan, and Sobel (1987) reported on the relative sexual satisfaction of heterosexual married couples. They asked each member of 91 couples to rate the degree to which they agreed with "Sex is fun for me and my partner," on a four-point scale ranging from 1 ("never or occasionally") to 4 ("almost always"). The mean difference was M_D = 0.0659 (women more satisfied), with SS = 152.

Why is it appropriate to use a related-samples t-test?

Group of answer choices

It is not appropriate-- a one-sample t-test should be used

It is not appropriate-- an independent samples t-test should be used

Because the subjects are matched in terms of the dependent variable

Because the satisfaction of the wife and the husband are not independent of each other

Case 5: Tim bought a house for $500,000 in 2005 in California. When his daughter Mary got married in August 2010, he gave the house to Mary as a wedding gift. The fair market value of the house was $400,000. Mary and her husband Jerry have lived in the house since then.

1. How much is the taxable gift?

2. If later Mary wants to divorce Jerry, they will split the house value 50/50. (True or False)If Mary and Jerry sell the house for $550,000 in April 2011:

3. What is the amount of capital gain (or capital loss)? Is the capital gain/loss long term or short term?If Mary and Jerry sell the house for $450,000 in April 2011:

4. What is the amount of capital gain (or capital loss)? Is the capital gain/loss long term or short term?If Mary and Jerry sell the house for $350,000 in April 2011:

5. What is the amount of capital gain (or capital loss)? Is the capital gain/loss long term or short term?

1) Eman, who is 68 years old and married, retired on July 1, 2019. Her current year income is shown below.

Salary  (prior to retirement)                           $ 15,000

Pension payments {all taxable)                      14,000

Dividends                                                             2,000

Tax-exempt bond interest                                3,000

Social security benefits                                     5,000

Assume Eman has no deductions for adjusted gross income. The amount of social security benefits that Eman and her husband must include in taxable income on a joint return for 2019:

2)

Naser and Suzan, who are married and file a joint return, have AGI for the current year (2019) of $42,000. In addition,they received tax-exempt interest income of $6,000 and Social Security benefits of $15,000. The Social Security benefitsto be excluded from Naser and Suzan’s taxable income for 2019 is:

Mrs. Fatima is 65 years old , celebrating her birthday . She is widow , lost her husband 6 month back . She lives alone but she has grandchildren who sometimes visit her She works as a school teacher . Everyone in the school was thanking her for her good work . Ali is a teacher working in the same school , he commented telling her that you are supposed to be at home by this age , you don't have enough strength to continue your career . Mrs. Fatma has changes in her health condition as now she becomes fatigued easily , she also experience shortness of breath when she walked a blocks , sometimes she experience gastritis

1. What do you think the major role changes Mrs. Fatma is experiencing? As a nurse how you can help her to cope with her new role?

2. As a nurse how you can prepare her for retirement?

Melissa is a 31-year-old, recently married female who presents to your office for an annual visit. She has three children ages 2, 5, and 8. Her new husband wants to wait at least a year before they try to have a child of their own. She has used combined oral contraceptives (COCs) for more than 10 years. Since the birth of her last child, she has been using COCs intermittently. She finds it too difficult to remember to take the pills regularly and wants an easier method. Menses are regular, although her periods seem heavier than usual, and she gets more irritable when she is not taking the COCs. She rarely exercises and admits to smoking and drinking occasionally. She is overweight. She has no medical history.

What additional information do you need to obtain?

Discuss her options and provide evidence for your rationale. Include patient education in your discussion.

Betty is an aspiring CPA. In 2020, she finished her last semester at San Diego State, where she graduated with an undergraduate degree in accounting. Betty was a full-time student and paid $3,500 in tuition and to San Diego State in 2020 and paid $750 for required textbooks. Betty already claimed the American Opportunity Tax Credit in 2017, 2018 and 2019.

Betty’s husband, Barry, is a nurse. He is also pursuing his Masters in Nursing at University of San Diego. In 2020, he spent $8,000 on tuition for his graduate program. Barry also paid $500 for required textbooks. The tuition and books were not reimbursed by Barry’s employer.

Betty and Barry will file a joint tax return for 2020, and neither can be claimed as a dependent on anyone else’s tax return. Their modified AGI is below the phaseout threshold for both the American Opportunity Tax Credit and Lifetime Learning Credit.

What is the maximum amount of education tax credits that Betty and Barry can claim on their 2020 tax return?