2 factors that affect the type and severity of abnormalities in an individual who is an aneuploid mosaic

1. An individual who is eligible to be claimed as a dependent on another's return and has $1,000 of earned income may claim a standard deduction of $1,350.

1. True

   False

1. Andres and Lakeisha are married and file jointly. Andres is 72 years old and in good health. Lakeisha is 62 years old and blind. What amount of standard deduction can Andres and Lakeisha claim in 2019?

   		$27,700.
   		$25,700.
   		$27,000.
   		$25,850.
   		None of the choices are correct.

1. Angelena files as a head of household. In 2019, she reported $53,450 of taxable income, including a $10,000 qualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount? (Use the Tax rate schedules, long-term capital gains tax brackets.)

   		$5,042
   		$4,937
   		$6,437
   		$6,137

1. Assuming the kiddie tax applies, what amount of a child's income is subject to the kiddie tax?

   		The net unearned income
   		Taxable income less the standard deduction
   		All of the unearned income
   		All of the child's income

Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,260. The FICA tax for social security is 6.2% of the first $118,500 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee’s pay. The amount of federal income tax withheld from her earnings was $1,325.17. What is the total amount of taxes withheld from the Portia’s earnings? (Round your intermediate calculations to two decimal places.)

A- $3,097.17

B- $2,443.21

C- $1,957.06

D- $1,722.00

E- $1,495.36

Scenario:

Melissa Denton is a 68-year old individual who retired from Vanguard Corporation last year. Vanguard is a multi-national corporation employing over 10,000 employees. She worked for the company for over 20 years, and was fully insured for purposes of Social Security retirement benefits, which she began receiving at age 63. At age 65, her Medicare Part A coverage began, and she opted to receive Medicare Part B coverage. Melissa has come to you with the following questions regarding her Medicare coverage

Answer the following questions:

1. What types of costs are covered under Medicare Part A?

2. What types of costs are covered under Medicare Part B?

Review the three scenarios below. Look for which, if any, of these scenarios presents an example of post-investment holdup.

1. Your firm conducted a search for a new chief financial officer and hired a highly qualified candidate with a yearly salary of $250,000. After six months, the person left to join another firm.
2. Your firm has an exclusive contract to assemble automobile seats for a number of luxury models. Almost 100% of the materials are imported and, of those, over 50% include parts manufactured in China. All of the prices on the parts from China increased by 25% when the U.S. imposed tariffs on China. Your company has informed all of its customers that increased cost must be passed on for your firm to continue supplying the seats. All of your customers reluctantly agreed to pay the additional cost.
3. Your company took note of your progress toward your MBA, and when the director for customer services left the company, you were asked to take over as interim director. You were encouraged to apply for the full-time position once you got your MBA. You served for 13 months, at which time your company was acquired by another company and your position was abolished.

In your discussion post, address the following:

• Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.
• Which of the above, if any, are an example of post-investment holdup?
• Define the following and explain each within the context of a chosen scenario:
  • What is the sunk, or stranded, cost?
  • What is the contract?
  • Was the contract breached?
  • What are the damages?

Instructions

Review the three scenarios below. Look for which, if any, of these scenarios presents an example of post-investment holdup.

1. Your firm conducted a search for a new chief financial officer and hired a highly qualified candidate with a yearly salary of $250,000. After six months, the person left to join another firm.
2. Your firm has an exclusive contract to assemble automobile seats for a number of luxury models. Almost 100% of the materials are imported and, of those, over 50% include parts manufactured in China. All of the prices on the parts from China increased by 25% when the U.S. imposed tariffs on China. Your company has informed all of its customers that increased cost must be passed on for your firm to continue supplying the seats. All of your customers reluctantly agreed to pay the additional cost.
3. Your company took note of your progress toward your MBA, and when the director for customer services left the company, you were asked to take over as interim director. You were encouraged to apply for the full-time position once you got your MBA. You served for 13 months, at which time your company was acquired by another company and your position was abolished.

In your discussion post, address the following:

• Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.
• Which of the above, if any, are an example of post-investment holdup?
• Define the following and explain each within the context of a chosen scenario:
  • What is the sunk, or stranded, cost?
  • What is the contract?
  • Was the contract breached?
  • What are the damages?

A beverage company target market includes: local organizations, the island university as well as different universities in the Caribbean region, supermarkets, retail companies and different companies in the region through exportation. Jason is seeking to obtain data to introduce a new Malt beverage to the Market. This data will be obtained through the use of a survey distributed to the Local University students. However, he found these students to be non-cooperative at times and wondered whether the data supplied was fudged.

From observation, the market research is limited to just the university students.

Questions

i)List and explain the disadvantages of having limited data in a research report

ii) List and explain the disadvantages of having a limited market research report

In December 2017 the US Congress passed legislation that will reduce corporate and individual taxes by an estimated $1.45 trillion over 10 years. In what ways was this action similar to a conventional Keynesian counter-cyclical stimulus? In what ways did it differ? How would you evaluate its effectiveness?

In December 2017 the US Congress passed legislation that will reduce corporate and individual taxes by an estimated $1.45 trillion over 10 years. In what ways was this action similar to a conventional Keynesian counter-cyclical stimulus? In what ways did it differ? How would you evaluate its effectiveness?

Expected

-

utility theory tells us that a risk

-

averse individual would want to be paid

a risk premium to induce

her

to voluntarily accept risk. Or, alternatively, the risk

-

averse individual would have to be offered odds that were in

her

favor in order to

induce h

er

to gamble. Here, “odds” refer to the probability of loss/gain and/or the

magnitude of the loss/gain.

Ms

.

Jane’s

utility function is U(

I

) =

(

10

0

+

I

)

0.

4

5

, where

100 is her initial income

level and

I

is

additional income gained or lost from a gamble. Ms.

Jane

can

choose not to gamble or to gamble.

The gamble involves the roll of a fair dice. If

the number is e

ven Ms.

Jane

wins $100 but if it is odd Ms.

Jane

loses $100.

(i)

Will Ms.

Jane

choose the gamble?

(ii)

In words, briefly describe what would need to change to induce Ms.

Jane

to take the gamble

(

hint

: focus on the characteristics of the gamble not her

preferences).