Your former director of business development contracted John Smith, an American consultant, to manage the development and marketing of one of the newer projects of the company.This project appeared very promising but is in fact bringing much lower revenues than originally anticipated. Mr. Smith just presented his expenses for his first class airfare tickets, five star hotel rooms and gourmet restaurant bills (with expensive French wines) of the last three months. Such expenses are a serious concern to your director of finances who finds them out of line. Your financial reports for the second half of this year would be improved if you negotiated an eight-month earlier termination of his 20-months consulting contract. That would help you wind down this project quicker. However, there is no good cause to base Mr. Smith’s termination on the lack of his contractual performance. In fact, some within your organization appreciate Mr. Smith’s work and believe he might turn things around, given additional time and manpower. You also have a suspicion about a potential conflict of interest. Indirectly, through an employee of HR, you have been told that Mr.Smith was seen in a night club entertaining Ms. Hodge, a project manager of your main competitor. Mr. Toba, a member of the Board of your company has been suggesting to your President that he might be more sympathetic to the under-performance of this project if you managed to contract his nephew George,a fresh MBA graduate from Northwest University, instead of John Smith. To review the contractual arrangements with Mr. Smith, you asked your contract department earlier today for a copy of his consulting contract. Unfortunately, they have been unable to locate their signed copy at this time.

Considerations for your Blackboard debate of this case:

1) How would you approach your consultant about various issues?

•Directly or indirectly

•Discussing all or just some issue; Why?

2) Would you try to work out issues with the consultant or terminate his contract?

3) Explain how such case would be handled if contracting company was residing in a certain country that you are familiar with.

Table 7.14:Fifty years survival for men after graduation from the University of Adelaide

                                                                           Faculty

Table 7.15 Fifty years survival for women after graduation from the University of Adelaide

                                                                        Faculty

Tables 7.14 and 7.15 show the survival 50 years after graduation of men and women who graduated each year from 1938 to 1947 from various faculties of the University of Adelaide (data complied by J.A Keats).The columns labelled S contain the number of graduates who survived and the columns labelled T contain the total number of graduates.They were insufficient women graduates from the faculties of Medicine and Engineering to warrant analysis.

a) Are the proportions of graduates who survived for 50 years after graduation the same all years of graduation?

b) Are the proportions of male graduates who survived for 50 years after graduation the same for all faculties?

c) Are the proportions of female graduates who survived for 50 years after graduation the same for arts and science?

d) Is the differences between men and women in the proportion of graduate who survived for 50 years after graduation the same for arts and science?

Psychologists have described the human nervous system as the communication and control center for the body. The nervous system allows us to take in information from the environment, communicate the information to different parts of the body, and coordinate the body's response. The nervous system itself is made up of neurons, or nerve cells, that communicate with each other by receiving and transmitting electrochemical signals, called neurotransmission. All human behavior is made possible by the activity of individual neurons working together in the nervous system. Think about a simple action you do every day, like answering your phone. When you perform this routine act, what are the individual neurons in your nervous system doing to make it possible?

In a multi-paragraph essay, explain how the activity of individual neurons enables you to perform a simple action like answering your phone. Be sure to describe the main parts of a neuron, explain the unique function of each part, and describe how neurons use electrochemical signals for neurotransmission. Include details from class materials, readings, and research on the nervous system to support your discussion.

Which of the following best describes the dividend​ gross-up?

A: a credit against taxes payable for individuals who earned dividend income from a Canadian corporation during the taxation year

B: an increase of the taxable amount of dividend​ income, calculated by multiplying the actual dividend amount by a certain fraction

C: a deduction against property income for individuals who received specified types of dividends

D: an inflation of taxes payable for corporations that pay significant dividends

Use this facts to make balance sheet for money maker company

Money Maker Company (MMC) has a registered capital of 50,000,000 Baht. The company maintains a savings account at Siam Commercial Bank in the amount of 10,000,000 Baht earning interest at 2.5% per year. This account was active for 12 months in 2017. As a benefit for its maintaining good account, MMC was given 5,000,000 Baht over draft protection for its check writing privilege. MMC pays its short-term debts 50,000 Baht per month throughout 2017. There are 5 directors in the company; each director can borrow 5,000,000 Baht from the company. Three directors took advantage of this privilege in 2017. Three directors borrow the money on 6 months due in June 2017, but by December 2017, these directors still did not pay the loans. The loans to these 3 directors came from the company’s reserves account. The total reserved was 10,000,000 baht. Thus, no collection attempt was made on the three directors who were in arrear on the loan repayment.
MMC derives its main income from selling manufactured goods. It produces flat screen TV for export. Its main office is in Bangkok and pays its income tax on its revenue as regular income without any special treatment. In 2017, it took advantage of the government's tax incentive policy to create jobs in industry parks by establishing one production plant in Chonburi Province. As the result MMC receives a certain percentage tax exemption. The following are list of expenses related to its Chonburi production plant. The company’s consolidated income statement shows that MMC earned 350,000,000 Baht from sales. The Chonburi branch accounts for 80% of the company’s total sales revenue. In 2017, the company adopted unique business model by dividing its operations into sales/administration and manufacturing. All manufacturing activities are done in Chonburi plant. All sales and administration are done by the head office in Bangkok office.
The company has US dollar account where it has $1,000,000 in January 2017 when the exchange rate was 30.50 Baht per dollar. By December 2017, the exchange rate was 33.50 Baht per dollar. The privilege of maintaining this US dollar account costs 1,000 Baht per month.
In addition to deriving income from sales, the company also has other sources of income. It earns 2% on its reserved that had not been lent to its directors. In 2017, the company speculated on bitcoin by making 1,000,000 Baht worth of purchase and sold it for 2,000,000 Baht. In the middle of 2017, the company sold one of its parking lot and made 3,000,000 Baht in profit. This profit from Bitcoin investment was re-invested in stock where the company received 5 Baht per share for 10,000 Shares.
The company pays 10,000,000 Baht per year for the right to use the copyright design of the product that its produces to sell. The production processes uses diesel fuel as the source of energy; the company spent 50,000,000 Baht for diesel fuel. The company subcontracted part of its production to subcontractor in order to save coast; the subcontracting bill for 2017 was 12,000,000 Baht. The company follows lean production method, and maintains zero inventory at the end of each accounting period. In 2017, the company spent 80,000, 000 Baht on raw materials and had 5,000,000 of work in process at the end of 2017 accounting period.

In the current year, Riflebird Company had operating income of $220,000, operating expenses of $175,000, and a long-term capital loss of $10,000. How do Riflebird Company and Roger, the sole owner of Riflebird, report this information on their respective Federal income tax returns for the current year under the following assumptions?

If an amount is zero, enter "0".

a. Riflebird Company is a proprietorship (Roger did not make any withdrawals from the business).

Roger reports $ net operating profit and $ long-term capital loss on his tax return. Riflebird Company, as a proprietorship, files no entity Federal income tax return for the year.

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A sole proprietorship is not a taxable entity separate from the individual who owns the proprietorship. Unlike proprietorships, partnerships, and S corporations, C corporations are subject to an entity-level Federal income tax.

b. Riflebird Company is a C corporation (no dividends were paid during the year).

Roger reports $ net operating profit and $ long-term capital loss on his tax return. Riflebird Company will report taxable income of $ on its Form 1120

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You are 30 years old today and are considering studying for an MBA. You have just received your annual salary of $50,000 which you expect will grow by 3% per year. MBA’s typically earn $80,000 upon graduation with salaries growing by 4% per year. The MBA program you’re considering is a full-time, 2-year program that costs $30,000 per year, payable at the end of each study year. You want to retire on your 65^th birthday. The relevant discount rate is 8%. Is it worthwhile for you to quit your job in order to earn an MBA? (Ignoring taxes.)

Use Excel formulas.

A local university wants to conduct a sample of 200 students out of 6000 students. We can assume that the university maintains a good roster of all registered students. (1) how would you select the 200 students(a) using simple random sample method and (b) systematic sampling method? (2) suppose that the university administration wants to make sure in particular students who major in music (a small department with only 8% of students major in music)be adequately included in your sample, how would you go about selecting a sample ?

Are guns a public health crisis? Explain. What groups are most at risk of injury or death from firearms. Discuss why these groups are at risk. Discuss ways that we could mitigate firearm deaths in the US. When we consider the individual right versus the societal benefit, where do you think gun ownership belongs? In other words, do the supposed benefits of gun ownership outweigh the societal risk that guns bring? In the three articles by Dowd-Arrow and his co-authors, were there any individual benefits? What were they? What is the role of research in understanding and solving this particular public health issue? How does the Dickey Amendment impact this research? Should the Dickey Amendment be repealed?