2. Good uses of credit

Although you should strive to keep your debt to a level appropriate for your financial situation, there are several good uses of credit. Which of the following are good uses of credit? Check all that apply.

__ Obtaining a mortgage to purchase a home.

__ Obtaining a student loan to finance your education.

__ Using credit to pay for unexpected expenses such as emergency medical services or automobile repairs.

__ Using a credit card to protect yourself against seller rip-offs and frauds.

__ Taking advantage of free-credit promotions such as a reduced interest rate or a “same-as-cash” plan.

__ Using one credit card to make payments on another credit card.

__ Using a loan to open a business.

__ Using a credit card to pay for groceries or gasoline when you cannot afford to pay the balance in full each month.

__ Using a credit card for convenience, but only if the balance is paid in full each month.

__ Purchasing an overly expensive or otherwise unaffordable vehicle.

__ Using a credit card for hotel or car rental reservations.

A wholesale distributor operating in different regions of Portugal has information on annual spending of several items in their stores across different regions and channels. The data (Wholesale Customer.csv) consists of 440 large retailers’ annual spending on 6 different varieties of products in 3 different regions (Lisbon, Oporto, Other) and across different sales channel (Hotel/Restaurant/Café HoReCa, Retail).

1.1. Use methods of descriptive statistics to summarize data.
Which Region and which Channel seems to spend more?
Which Region and which Channel seems to spend less?

1.2. There are 6 different varieties of items are considered.
Do all varieties show similar behaviour across Region and Channel?

1.3. On the basis of the descriptive measure of variability, which item shows the most inconsistent behaviour?
Which items shows the least inconsistent behaviour?

1.4. Are there any outliers in the data?

1.5. On the basis of this report, what are the recommendations?

How do I attach file, unable to paste data..also send me python commands for this answer

34. Daniel is single and has the following income and expenses in 2017:

Salary income $60,000

Net rent income 6,000

Dividend income 3,500

Payment of alimony 12,000

Mortgage interest on residence 4,900

Property tax on residence 1,200

Contribution to traditional IRA 5,000

Contribution to United Church 2,100

Loss on the sale of real estates (held for investment) 2,000

Medical expenses 3,250

State income tax 300

Federal income tax 7,000

a. Calculate Daniel’s AGI.

b. Should Daniel itemize his deductions from AGI or take the standard deduction? Explain.

41. Nancy, the owner of a very successful hotel chain in the Southeast, is exploring the possibility of expanding the chain into a city in the Northeast. She incurs $35,000 of expenses associated with this investigation. Based on the regulatory environment for hotels in the city, she decides not to expand. During the year, she also investigates opening a restaurant that will be part of a national restaurant chain. Her expense for this are $53,000. The restaurant begins operations on September 1. Determine the amount that Nancy can deduct in the current year for investigating these two businesses.

1. Identify an organization that has achieved ISO 9000 certification and write a short paper (roughly one page) that summarizes the benefits and results that the organization has achieved using ISO 9000.
2. Find a customer satisfaction survey from a restaurant or a hotel and submit it along with your group report as an attachment. How do the questions relate to the five dimensions of service quality introduced in Chapter 2? Discuss how the survey results could be used to control quality. What types of quality control charts might be used?
3. Research and briefly describe one or two lean initiatives in service organizations and then make an argument for or against adopting lean principles in service businesses. What is different about applying lean in a factory versus a service situation? Describe your findings in a one-page (roughly) paper.
4. Pick one of the projects , i.e., in one of your group member’s home, fraternity/sorority or business organization. List at least 7 activities that comprise the project and draw the precedence network. What problems did you encounter in doing this?

Ethical dilemmas have always surrounded businesses. For example, Jeffrey is a Senior Auditor working for a large commercial bank. He just realized Bob, the company’s vice president of marketing, has been using his expense account to purchase salacious materials online using his office computer; in addition, there are hotel bills charged to the account that cannot be explained by travel receipts. Jeffrey suspects the VP is having an affair with someone in the company. Jeffery is a CPA and the company where he works is publically traded. The CPA code-of-ethics and company policy requires Jeffrey to report the violation. Nevertheless, Bob is Jeffrey’s first cousin! Reporting the violation could destroy relations between Jeffrey’s mother and his aunt, Bob’s mother. What can Jeffrey do as a senior auditor to set the ethical standards in the company that he is working in? Which of the ethical theories best explains Jeffrey’s moral dilemma? How can one of the six theories you learned about in this chapter help Jeffrey to justify whistle blowing or help him to rationalize not whistle blowing?

Ahmad, Bong and Cathy are the directors of Alpha Sdn Bhd (“Alpha”), a private limited company situated in Bandar Sunway. The company is involved in the leisure and hospitality business covering theme parks, gaming, hotels, seaside resorts and entertainment for over 50 years. Each of the directors holds 15% of the company’s share capital. Answer the following separate and independent questions:

a. Beta Bhd (“Beta”) is a public limited company. The company wishes to enter into a contract with “Alpha” for the supply of iron and steel to be used for Alpha’s theme parks. The Board of Directors of “Alpha” had a meeting last month to decide on the matter. They decided that the company will proceed with the contract with “Beta”. However, recently, after entering and completing the contract, they discovered that the Managing Director of “Beta” is Bakar, who is a good friend of Bong.

b. Recently, “Alpha” contracted to buy a piece of land from Ahmad which was to be converted to a water theme park. The market value of the land is RM 600,000. “Alpha” bought the property at RM 550,000.
Advise the Board of Directors of “Alpha” on the legal issues arising in the above questions.

Internal Rate of Return Method for a Service Company

The Riverton Company, announced a $608,580 million expansion of lodging properties, ski lifts, and terrain in Park City, Utah. Assume that this investment is estimated to produce $98,000 million in equal annual cash flows for each of the first eight years of the project life.

a. Determine the expected internal rate of return of this project for eight years, using the present value of an annuity of $1 table above.
%

Nakheel is one of the world’s leading property developers, based in Dubai, United Arab Emirates. Nakheel has a portfolio of projects in Dubai across the residential, retail, hospitality and leisure sectors. Master developments include Palm Jumeirah, The World trade Center, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba. In the first quarter of 2017, Nakheel announced its highest annual net profits in the company’s history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the AED781 million posted for the same period in 2015. All these happened even when real estate market is on lower side.

Explain how mangers take decision under turbulent conditions (risk and uncertainty) which lead to better utilization of resources

A recreation center would have the estimated value

• $1,000,000 if it has no public swimming pool

• $1,800,000 if it has a public swimming pool with 2 lanes

• $2,200,000 if it has a public swimming pool with 3 lanes

• $2,400,000 if it has a public swimming pool with 4 lanes

The pool costs $400,000 with 2 lanes. Each additional lane would cost $300,000. The city Park & Recreation Board is a bureaucracy that overview the center construction. The Board are the slack maximizer. Use this to answer the following 2 questions.

Answer for each questions are c and b, respectively, Please provide detail explanation ( not in handwriting form which I may not recognize it)

12. According to the Niskanen’s model of slack maximization, the Board will propose

a. to build the center with no swimming pool

b. the swimming pool with 2 lanes

c. the swimming pool with 3 lanes

d. the swimming pool with 4 lanes

13. According to the Niskanen’s model of slack maximization, the Board will request what budget for the pool?

a. $1,000,000 b. $1,200,000 c. $1,800,000 d. $2,200,000