User asks you to develop a program that calculates and then prints interest earned on a bank balance. Program should print interest earned for the same balance when interest is accumulated annually, semiannually and quarterly. I need the C++ code!

Complete and submit the assignment in an EXCEL file.

Full credit is earned only if the formulas for the calculations is evident in the spreadsheet

She Shed. Corp was organized in 2017. These business events occurred during the year, affecting intangible assets.

1.    Purchased a license for $20,000 on July 1, 2017. The license gives She Shed exclusive rights to sell its sheds in the tri-state region and will expire on July 1, 2025.

2.    Purchased a patent on January 2, 2018, for $40,000. It is estimated to have a 5-year life.

3.    Costs incurred to develop an exclusive Internet connection process as of June 1, 2018, were $45,000. The process has an indefinite life.

4.    On April 1, 2018, She Shed. purchased a small circuit board manufacturer for $350,000. Goodwill recorded in the transaction was $90,000.

5.    On July 1, 2018, legal fees for successful defense of the patent purchased on January 2, 2018, were $11,400.

6.    Research and development costs incurred as of September 1, 2018, were $75,000.

(a) Prepare the journal entries to record all the entries related to the patent during 2018.

(b) At December 31, 2018, an impairment test is performed on the license purchased in 2017. It is estimated that the net cash flows to be received from the license will be $13,000, and its fair value is $7,000.

Compute the amount of impairment, if any, to be recorded on December 31, 2018.

(c) What is the amount to be reported for intangible assets on the balance sheet at December 31, 2017 and December 31, 2018?

1. Mohammad Hasan is a partner in a Big 4 accounting firm, he hired accounting students from your University to conduct the audit of Bank of Palestine. When the audit was done he received the audit report and signed it. The report was issued one day later.

2. Your mother in law is a majority shareholder in Jawwal, you are hired by the company to conduct an audit you conducted the audit and issued your report.

3. Ahmad CPA and Ali a CMA formed a Partnership to provide Audit services. The company was named the nice Audit CPA firm.

4. Samir a CPA advertised has practice on web siting several prominent clients of his firm, he also included links to the client’s websites and quotes from his happy clients.

5. Hania a CPA was talking with her husband about her work she mentioned some client’s information to prove her point.

6. Hanin a CPA in a local accounting Firm when one of her clients did not pay his bills she informed them that she will not give them their records and supporting documents until they pay.

7. Adel a CPA to supplements his income by worked as a bartender at the Movenpick hotel.

8. Majed while auditing the Palestinian Leasing Company discovered a violation IFRS 16. The company indicated to him that this violation is not Material and that following IFRS 16 will make the financial statements misleading accordingly he issued a standard report.

9. Majeda audited a company for three consecutive years without receiving any fees. Required For each case indicate the violation of the code of ethics. Explain your answer by also indicating the standard violated. In case there is no violation indicate so with your reason for your answer

1. Mohammad Hasan is a partner in a Big 4 accounting firm, he hired accounting students from your University to conduct the audit of Bank of Palestine. When the audit was done he received the audit report and signed it. The report was issued one day later
. 2. Your mother in law is a majority shareholder in Jawwal, you are hired by the company to conduct an audit you conducted the audit and issued your report.
3. Ahmad CPA and Ali a CMA formed a Partnership to provide Audit services. The company was named the nice Audit CPA firm.
4. Samir a CPA advertised has practice on web siting several prominent clients of his firm, he also included links to the client’s websites and quotes from his happy clients.
5. Hania a CPA was talking with her husband about her work she mentioned some client’s information to prove her point.
6. Hanin a CPA in a local accounting Firm when one of her clients did not pay his bills she informed them that she will not give them their records and supporting documents until they pay.
7. Adel a CPA to supplements his income by worked as a bartender at the Movenpick hotel.
8. Majed while auditing the Palestinian Leasing Company discovered a violation IFRS 16. The company indicated to him that this violation is not Material and that following IFRS 16 will make the financial statements misleading accordingly he issued a standard report.
9. Majeda audited a company for three consecutive years without receiving any fees.
  Required For each case indicate the violation of the code of ethics. Explain your answer by also indicating the standard violated. In case there is no violation indicate so with your reason for your answer

Accounting 339 Case 1
1. Mohammad Hasan is a partner in a Big 4 accounting firm, he hired accounting students from your University to conduct the audit of Bank of Palestine. When the audit was done here ceived the audit report and signe dit. There port was issue done day later.
2. Your mother in law is a majority shareholder in Jawwal, you are hired by the company to conduct an audit you conducted the audit and issued your report.
3. Ahmad CPA and Ali a CMA formed a Partnership to provide Audit services. The company was named the nice Audit CPA firm.
4. Samir a CPA advertised has practice on web siting several prominent clients of his firm, he also included links to the client’s websites and quotes from his happy clients.
5. Hania a CPA was talking with her husband about her work she mentioned some client’s information to prove her point.
6. Hanin a CPA in a local accounting Firm when one of her clients did not pay his bills she informed them that she will not give them their records and supporting documents until they pay.
7. Adel a CPA to supplements his income by worked as a bartender at the Movenpick hotel.
8. Majed while auditing the Palestinian Leasing Company discovered a violation IFRS 16. The company indicated to him that this violation is not Material and that following IFRS 16 will make the financial statements misleading accordingly he issued a standard report.
9. Majeda audited a company for three consecutive years without receiving any fees.
Required
For each case indicate the violation of the code of ethics. Explain your answer by
also indicating the standard violated. In case there is no violation indicate so with
your reason for your answe

Accurate Reports has 70 employees each working 40 hours per week and earning $25 an hour. Federal income taxes are withheld at 15% and state income taxes at 6%. FICA taxes are 7.65% of the first $118,500 earned per employee and 1.45% thereafter. Unemployment taxes are 6.20% of the first $7,000 earned per employee.  

1. Compute the total salaries expense, the total withholdings from employee salaries, and the actual payroll payment (salaries payable) for the first week of January. (Round your intermediate and final answers to the nearest dollar amount.)

2. Compute the total payroll tax expense Accurate Reports will pay for the first week of January. (Round your intermediate and final answers to the nearest dollar amount.)

1. Prepare a balance sheet and income statement as a result of the following transactions:

1. Deposit $3000 in a bank account
2. Rent a van at a cost of $400
3. Purchase a power sweeper for $900
4. Order 2000 circulars and paid the printer $120
5. Purchase $300 worth of cleaning supplies
6. Bought equipment worth $900; paid $200 now and will pay the balance later.
7. Earned $350 for washing windows
8. Received $900 in fees for work performed
1. Purchased supplies for $80, with cash
10. Hired a helper and paid him $240
11. Earned $400 in fees for work; payment will be received later.
50. Owner withdrew $1000 from the business for personal use
1000. Received a phone bill for $20, and payment will be made later.
14. Paid the landlord $300
15. Received $2000 for work performed.

Josh Garrett is Head of Packaging and Distribution at Biotech Health and Life Products (Biotech). Josh is in charge of all of the branches the company has throughout the world.

Josh has been reviewing cost reports for the different branches. He is concerned with some of the results. His main concern is with the rising costs of unskilled labor at the Germany branch. Many of the employees in the Packaging Department are classified as unskilled laborers making minimum wage. Josh decided to research the matter further and found that the current US federal minimum wage is $7.25 per hour, which has not changed since 2009. Interestingly, the German government recently raised its minimum hourly wage by 4% to 8.84 euros per hour ($9.79 – USD). This information weighs heavily on Josh since another raise would be costly for the company.

Adding to the concern about the increase in unskilled labor costs is that distribution costs between Europe and North America have risen considerably. The shipping crisis of 2016 has caused cargo costs to rise for all transatlantic routes and with the demise of the low-cost flight service of Air Berlin, cost in Germany have increased.

Josh is a great outdoorsman and loves Iceland. It occurred to Josh that relocating the majority of the Packaging and Distribution Department from Germany to Iceland and setting up a distribution center would solve these problems because production and distribution costs would be lower in Iceland. Iceland is the halfway point in the transatlantic route. The new location would eliminate the need to ship long-distance hauls. Josh also knows that Iceland is one of the poorest countries in Europe so if part of the business is moved to Iceland, he will receive the credit for job creation in the country.

Josh decided to research Iceland as a potential location. His research showed:

All professions are exempt from minimum wage;

Salaries are determined by collective bargaining agreements with most professions paying 260,000 and 300,00 ISK or $2,600 - $3,000 a month;

Salaries are higher due to contributions to universal health care coverage;

The cost of living is higher than many other European countries;

The average wage in Iceland is approximately $3160 before taxes per month for a full-time worker;

Income tax is 37.3 percent for most people. However, income tax is higher for those workers who earn higher wages.

Josh had not expected the higher salary base but further research showed that Josh could improve the rate considerably by hiring young people between the ages of 15 and 18 who could work up to 40 hours a week since mandatory schooling ended at age 16. Josh believed he could negotiate a much lower salary.

Iceland’s teenage unemployment is higher than the country’s overall unemployment. Hourly costs are quite a bit higher than in the United States and slightly higher than in Germany. However, Josh believes the change in logistics will cut distribution costs in the Canadian and Germany branches, and will more than make up for increase in labor cost.

Josh also has a desire to help the young people of Iceland. He believes he is being socially responsible in cultivating one of the poorest European countries and its low wage earners.

Josh decides to go ahead and move most of the German production and distribution business to Iceland as well as open a new distribution center. In moving to Iceland, Josh decides to exclusively staff young workers and let the workers go before they reached the age of 19 prior to the time when the worker’s contract had to be renegotiated.

In Iceland, employees fall within one of two classification, young workers and adults.

A young worker is anyone under the age of 24. An adult is a worker over 24.

Young workers include youth, children and adolescent workers.

Youth are those under 18 years of age.

A child is an individual under the age of 15 and still in compulsory school.

An adolescent is an individual under the age of 15 but not in compulsory school.

Young workers are subject to restrictions dependent upon the type of work, the work environment and times worked.

Youth unemployment tends to be extremely high. Youth can only work part-time since a person must be 18 years of age to work full-time.

Josh’s plan came under dispute when two recent lay-offs brought his employment practice to the attention of the staff who believed that Josh’s employment practices were unethical. The workers feel Josh is trying to use the system to avoid paying workers a fair wage and stopping workers from gaining full-time employment since after the age of 18, a worker’s contract must be renegotiated.

If the matter is not quickly settled, the workers will go to the Collective to ask for higher wages and request a guarantee of full-time employment when they reach the age of 19.

The workers have also questioned the company’s policy of paying different wages for the same job in different worldwide locations.

The company has always had a policy of ensuring fair wages dependent upon the country in which the company operates. However, if workers go to the Collective, the company will have to pay more money than is reasonable for unskilled labor costs, and will compromise the move to Iceland. Josh knows the higher labor cost will negatively affect the company financially. Added to his concerns is that he knows that unskilled workers within Biotech make different wage amounts, especially in Germany, Mexico and the United States. In these locations, wages are much lower. Josh thought to himself, “is it fair that the workers in other countries are making so much less than the workers in Iceland?”

Instructions

Step 1:  Write the Introduction

Create the introductory paragraph.  The introductory paragraph is the first paragraph of the paper and tells a reader the main points covered in the paper. To help you know how to write an introduction, view this website to learn how to write an introductory paragraph:  http://www.writing.ucsb.edu/faculty/donelan/intro.html

Step 2:  Answer the following

Assume Josh’s employment practices are unethical.

Explain the meaning of an ethical issue;

Identify and explain the ethical issue in the case scenario using the course material to support the reasoning and conclusions made;

Identify the one non-ethical issue in the case scenario. Explain why.

Identify and explain the ethical dilemma. Use the course material to support the reasoning and conclusions made;

Define ethical relativism and moral universalism;

Does this case scenario illustrate ethical relativism or moral universalism? Explain why or why not.

How can individual, group, and social efforts be combined to implement community behavioral change? Identify challenges which may result from your suggestions. Review three peers' postings and provide possible solutions for the challenges that may arise.