1) Find from following each situation whether it is Taxable supply or GST Free supply or Input taxed supply? Explain your answer with relevant section number and how much GST, if any, is included in the following situation.

a) A residential course, offered by a regional University, leading to a Graduate Diploma in Australian Law. The course cost is $35,000 comprising $25,000 for course fees and $ 10,000 for accommodation and meals.

b) Life insurance policy $75,000.

white black Total

Section A 75 14 89

Section B 81 26 107

Total 156 40 196

compute all answers to three decimal places

a) What is the value of the text statistic X^2?

b) What is the P-value for the chi-square test of homogeneity?

c) Find the z-value using the two-proportion test of homogeneity?

d) what is the p-value for the two proportion Z-test?

e)What is the relationship between the z-value and x^2?

f) Compare the two p-values.

State whether each of the following six propositions is true or false. In 2-3 sentences, explain why. Use diagrams if helpful.

a. Suppose the government passes a law requiring “profit-sharing”; every year, firms must give at least 50% of their profits to their workers.

T, F, and Explain: As long as wages are flexible, wages will fall, leaving workers’ well-being unchanged.

b. T, F, and Explain: With a volunteer army, wars are bad for taxpayers. With conscription, wars are bad for soldiers.

c. Suppose workers under-invest in education because of credit market imperfections.

T, F, and Explain: No-interest education loans are the most efficient government response.

d. Suppose native-born Americans and immigrants have exactly the same skills.

T, F, and Explain: Immigration will reduce Americans’ average standard of living.

e. T, F, and Explain: If wages can’t adjust, increasing the strictness of safety regulations will reduce employment.

f. The Internet makes it easier for people to learn about employers’ reputations.

T, F, and Explain: This makes firms less willing to temporarily overpay inexperienced workers.

g. IQ tests are a good predictor of job performance.

T, F, and Explain: If IQ tests were culturally biased against immigrants, immigrants would have lower job performance than natives with the same IQ.

State whether each of the following six propositions is true or false. In 2-3 sentences, explain why. Use diagrams if helpful.

a. Suppose the government passes a law requiring “profit-sharing”; every year, firms must give at least 50% of their profits to their workers.

T, F, and Explain: As long as wages are flexible, wages will fall, leaving workers’ well-being unchanged.

b. T, F, and Explain: With a volunteer army, wars are bad for taxpayers. With conscription, wars are bad for soldiers.

c. Suppose workers under-invest in education because of credit market imperfections.

T, F, and Explain: No-interest education loans are the most efficient government response.

d. Suppose native-born Americans and immigrants have exactly the same skills.

T, F, and Explain: Immigration will reduce Americans’ average standard of living.

e T, F, and Explain: If wages can’t adjust, increasing the strictness of safety regulations will reduce employment.

6. The Internet makes it easier for people to learn about employers’ reputations.

T, F, and Explain: This makes firms less willing to temporarily overpay inexperienced workers.

f. IQ tests are a good predictor of job performance.

T, F, and Explain: If IQ tests were culturally biased against immigrants, immigrants would have lower job performance than natives with the same IQ.

IRS Publication 525 has a section on Life Insurance Proceeds. Please review this section and answer the following items: 1. As a general rule, are life insurance proceeds that are received as a lump sum included in income (assuming they are related to an individual passing away and the recipient being the intended beneficiary)? 2. If a recipient chooses to receive life insurance proceeds in installments, can some of the income they receive be considered taxable income? 3. If the face amount of a policy is $120,000 and as a beneficiary of the policy you choose to receive 120 monthly installments of $1,400 each, what would be your excludable part of the related income for the year and what would be the taxable part of the income for the year? 4. If you surrender a life insurance policy for cash, what must you include in your income?

Question #1: Explain in detail to a non-accounting person how fixed and variable costs per unit respond to volume increases? Be detailed and give an example

Question #2: The owner of a business is generally only interested in making money not breaking even. Explain the value of break-even analysis - in what ways can a company benefit from using Break-Even analysis?  

Question #3: Assume P's Bakery Shop has fixed costs per month of $3,600 and variable costs are 55% of sales. What amount of monthly sales allows the shop to break-even?

Arianna just made a fantastic investment: She purchased 400 shares in Great Gains Corporation for $21.50 per share. Yesterday the stock closed at $56.50 per share. In order to lock in her gains, she has decided to employ a stop-loss order. Assuming she sets the order at $56, what is likely to happen? Why might this not be a wise decision? At what price would you recommend setting the stop-loss order? Why?

Kindly explain with figures. And I will appreciate it if you type all three answers and explain with detail. This is Personal Finance Course

Both these questions have three parts; please address all of them -

2. Identify ways a company can move from a "commodity" position to one of a cost and/or value advantage. Is a commodity position always bad, and how can companies differentiate themselves in this position?

4. Provide business examples of the three operations strategies make-to-stock, assemble-to-order, and make-to-order. Explain what it would take for a company to move from a make-to-stock strategies to make-to-order, and vice versa. What are the advantages and disadvantages of each strategy?

PLEASE EXPLAIN THEM IN GREAT DETAIL. Thanks

Both these questions have three parts; please address all of them -

2. Identify ways a company can move from a "commodity" position to one of a cost and/or value advantage. Is a commodity position always bad, and how can companies differentiate themselves in this position?

4. Provide business examples of the three operations strategies make-to-stock, assemble-to-order, and make-to-order. Explain what it would take for a company to move from a make-to-stock strategies to make-to-order, and vice versa. What are the advantages and disadvantages of each strategy?

PLEASE EXPLAIN THEM IN GREAT DETAIL. Thanks

Both these questions have three parts; please address all of them -

2. Identify ways a company can move from a "commodity" position to one of a cost and/or value advantage. Is a commodity position always bad, and how can companies differentiate themselves in this position?

4. Provide business examples of the three operations strategies make-to-stock, assemble-to-order, and make-to-order. Explain what it would take for a company to move from a make-to-stock strategies to make-to-order, and vice versa. What are the advantages and disadvantages of each strategy?

PLEASE EXPLAIN THEM IN GREAT DETAIL. Thanks