You have spent the past four weeks away from work serving as a juror in a case deciding whether a pharmaceutical company should be held liable for the heart attack of a woman who took its painkiller, Oxxy-1. The lengthy case has taken a toll on your professional career, and you have many unanswered questions as jury deliberations begin.
In: Operations Management
he Roosevelt Company presently makes 27,000 units of a certain component each year for use on its production line. The cost per unit for the component at this level of activity is as follows
Direct materials.................................$4.20
Direct Labor.....................................$12.00
Variable factory overhead................. $5.80
Fixed factory overhead......................$6.50
Roosevelt has received an offer from an outside supplier who is willing to provide 27,000 units of this component at a price of $25 per component. Assume that if the component is purchased from the outside supplier, $35,100 of annual fixed factory overhead could be avoided and the facilities now being used to make the component could be rented to another company for $64,800 per year. If Roosevelt chooses to buy the component from the outside supplier under these circumstances, how much would annual net income increase or decrease by?
In: Operations Management
FACTS:
Sheldon and Victoria were married last year and live in England.
• Sheldon is a U.S. citizen and has a valid Social Security number. Victoria is a citizen of England.
• During the interview, Victoria mentions that she has never filed a joint return with Sheldon. She asks the volunteer what is required to file a joint return with Sheldon. Based on the information provided, Victoria decides she does not want to be treated as a resident alien for U.S. tax filing purposes this year.
• Sheldon worked for a U.S.-based company and earned $55,000. Victoria worked part-time and earned the equivalent of $12,000 in U.S. dollars.
• Sheldon and Victoria’s daughter, Riley, lives with them. Riley is eight months old, a U.S. citizen, and has a valid Social Security number.
• Victoria has another child from a previous marriage; Adam is five years old and is a citizen of England. Sheldon has not adopted Adam.
• Sheldon and Victoria provided all the financial support for Riley and Adam.
1. Victoria does not want to elect to file a joint return with Sheldon. What is the most advantageous filing status for Sheldon?
a. Married Filing Separately
b. Single
c. Head of Household
d. Qualifying Widower
2. On his U.S. tax return, how should Sheldon treat Victoria’s income?
a. Because Victoria did not choose to file a joint return, Sheldon should report her income as his own on a separate return.
b. Victoria’s income is not included on the return because she does not choose to be treated as a resident alien.
c. Because their combined income is less than the foreign earned income exclusion limit, Sheldon doesn’t need to file a return.
d. Victoria’s worldwide income must be reported on Sheldon’s return.
3. In the future, if Victoria and Sheldon choose to file Married Filing Jointly and treat Victoria as a resident alien for tax purposes, this election will continue each year unless suspended or ended.
a. True
b. False
In: Accounting
There is a bias in the political process against free trade because
A.the gains from free trade cannot be measured.
B.foreign governments make large donations to U.S. political campaigns.
C.those who gain from free trade can't compensate those who lose.
D.those who lose from free trade are better organized than those who gain.
E.there is a high correlation between the volume of imports and the unemployment rate.
In: Economics
Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows:
| Cash | $ | 6,700 | Accounts payable | $ | 8,600 |
| Accounts receivable | 30,200 | Unearned revenue | 3,240 | ||
| Supplies | 1,500 | Long-term note payable | 48,000 | ||
| Equipment | 10,400 | Common stock | 180 | ||
| Land | 7,600 | Additional paid-in capital | 720 | ||
| Building | 26,600 | Retained earnings | 22,260 | ||
Required:
Prepare an unadjusted classified income statement for January of the second year (ignore income taxes).
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In: Accounting
1)The brain continues to amaze and baffle researchers. This rather complicated 3 pound structure of the central nervous system contains a large number of parts that work together to produce and organize even the most complex behaviors. Just as if you were describing a car's engine parts, each part has a particular function.
For this post, I would like for you to (1). choose any one structure or part of the human brain and discuss it's function(Not the brain stem or frontal lobes because they are already taken. In other words, tell us what this structure of the brain is "in charge of" or does.
Also, include a detailed summary as to what an individual would look or act like if the structure you choose was damaged or destroyed. Feel free to include links to video clips that demonstrate what occurs when this structure is affected.
2)The section in our chapter that discusses neurotransmitters gets me thinking about medications that aid in neurotransmitter production and/or regulation. Specifically, I am interested in us discussing the role of medications with mental illness.
As a society it seems as if we are more interested in taking a pill to decrease symptoms rather than going to therapy. No? If so, is this a good thing? What are your thoughts about this debate (Therapy vs. Medication)?
In this post, make sure that you are discussing you opinion about this topic as well as including relavent source material that will back up your opinion. There are a number of studies that actually compare these variables and citing any of them would help support your thoughts!
In: Psychology
Kelly and Chanelle Chambers, ages 47 and 45, are married and live at 584 Thoreau Drive, Boston, MA 59483. Kelly's Social Security number is 123-12-1234 and Chanelle's is 321-21-4321. The Chambers have two children: Emma, age 23, and Chet, age 19. Their Social Security numbers are 987-98-6543 and 789-89-3456, respectively. Emma is a single college student and earned $8,000 during the summer. Kelly and Chanelle help Emma through school by paying for her room, board, and tuition. Emma lives at home during the summer. Chet has a physical handicap and lives at home. He attends a local university and earned $4,000 working for a marketing firm. In sum, Kelly and Chanelle provide more than 50% of both Emma's and Chet's total support for the year.
Kelly is a commercial pilot for Paddlejump Airline. His salary is
$95,000, from which $19,000 of federal income tax and $8,000 of
state income tax were withheld. Kelly also pays premiums for health
insurance, ($2,000), disability insurance ($250), and life
insurance ($400).
Chanelle owns Alliance Networks, a proprietorship that does network
consulting. During the year, Chanelle's gross revenues were
$23,000. She incurred the following expenses in her business:
Liability insurance $ 700
Software rental 5,400
Journals and magazines 150
Training seminars 1,200
Supplies 1,300
Donations to a political campaign fund 800
Kelly enjoys playing guitar and plays in a band. Kelly's band has
developed a local following. This year, his gross revenues were
$1,200 for playing shows and $700 on CD sales. He incurred the
following expenses:
Studio rent expense $1,300
Sound system repairs 200
CD production 500
New guitar and amplifier 800
Kelly's father passed away during the year. Kelly and Chanelle
received $100,000 from the life insurance policy. Neither Kelly nor
Chanelle paid any of the premiums.
Chanelle purchased 100 shares of Thurston Co. stock on May 1, 1991,
for $1,000. Thurston Co. was declared bankrupt during the current
year.
Chet's physician recommended that he see a physical therapist to
help with his disability. Kelly paid the therapist $7,000 during
the year because his insurance would not cover the bills.
Kelly and Chanelle went to Las Vegas and won $5,000 at the
blackjack table. The next night, they lost $6,000.
Kelly and Chanelle gave $900 to their church and, during the year,
they had the following other income and expenses:
Real estate taxes $2,800
Ad valorem property taxes on car 1,000
Home mortgage interest 9,000
Credit card finance charges 2,600
Tax return preparation fees ($600 is allocable to Chanelle's
business) 1,000
Sales tax on purchases during the year 6,200
Interest from a savings account 800
Interest from City of Boston Bonds 700
Dividend from 3M stock 400
Prepare Kelly and Chanelle's tax return Form 1040 and Schedules A,
B, C, SE, 8949 for the year 2017.
In: Accounting
Suppose you are a nurse working with a 75 year old patient who has a terminal illness: her condition will slowly destroy her muscle function until she is unable to swallow and becomes paralyzed. She is very close to becoming totally dependent on others now, and (because her mind is not affected) the patient requests that you inject her with overdose of pain medication to help her have a peaceful death and avoid the suffering and slow death the disease will otherwise give her.
You ask the doctor about this, and the doctor says: "It would be morally wrong for us to intentionally kill her like that. It would, however, be morally permissible for us to withhold food and water to help her die if she wants to do that."
In 2 to 6 short paragraphs, explain how James Rachels would respond to the doctor's ideas. Be sure to explain fully whether and why Rachels would agree with the doctor's ideas. (You don't have to explain whether you agree with Rachels - just explain what he would say in response to the doctor.)
In: Nursing
There are two people in an economy, Sayah (S) and Jaki (J), who consume two goods, apples (A) and bananas (B), with utility functions: US(A, B) = 2A0.5B0.5 and UJ(A, B) = A0.4B0.6 The current market prices for A and B are PA=1 and PB=2. Sayah’s income is YS = $60 and Jaki’s is YJ = $70. There are 58 units of A produced and 36 units of B produced
. a. Find the Sayah’s and Jaki’s marginal rates of substitution of A for B. (Remember, first find the marginal utilities of each good, for each person, by taking the derivative of the utility functions with respect to one good holding constant the other good. For example, Sayah’s MU of A is the derivative of US(A, B) = 2A0.5B0.5 treating B as a constant.)
b. Find the amounts of A and B that both people will consume given these prices and incomes.
c. Do Sayah and Jaki consumption amounts achieve an efficient exchange? Explain. d. Do the consumption demands and current supplies achieve and equilibrium in this economy? Explain. If not, what would need to adjust to achieve an equilibrium? e. Are the three efficiency conditions satisfied? Explain.
In: Economics
Select a product or service (e.g., beauty, fashion, nonprofit, food, etc.) and identify two advertisements that you believe are directly aimed at different demographics in the US. This could be based on age, social identification, ethnicity, religion, or any other major demographic category.
For each advertisement identify the demographic that you think it’s aimed and briefly (1-2 sentences) identify why you think it is aimed at them. And then compare and contrast the two advertisements considering the following questions:
What do you think about the adaptation of the same product/ service to different demographics? Are the representations fair/ appropriate/ ethical?
Do these ads risk alienating other groups who might see them?
What do these ads suggest about how we view ‘diversity’ between groups in the US?
Finally, we know that advertising and marketing efforts can both help and hinder public relations – especially because they can build an organization’s reputation or hurt it. What do you think are the public relations opportunities and risks posed by each of these ads?
In: Operations Management