Questions
What do we mean by “purple pricing” as Northwestern University games? sports facility management

What do we mean by “purple pricing” as Northwestern University games? sports facility management

In: Operations Management

______     6.      You are trying to decide whether to run your business as a corporation or...

______     6.      You are trying to decide whether to run your business as a corporation or as an individual owner (for example, as a “sole proprietorship”). One of the factors is the problem of double taxation. Assume that the corporate income tax rate is 35%, the individual income tax rate on dividend income is 15%, and the individual income tax rate on other income is 39.6%. (Note – use these tax rates. Don’t use the actual tax rate schedule.) The business is expected to generate $625,000 of taxable income. Similar to the example given in class, assume that the amount of dividend income is equal to the corporate after-tax cash flow. How much more after-tax cash flow will you have if you run the business as a sole proprietorship rather than as a corporation? Hint: fill out the following table to help answer the question.

Operated as corporation

Individual owner

Corporation

Individual

Cash Revenue

$825,000

Cash Revenue

$825,000

Cash Expenses

$200,000

Cash Expenses

$200,000

Taxable Income

$625,000

Taxable Income

$625,000

Corporate Income Tax (35%)

Individual Income Tax (39.6%)

Net Income

After-tax net cash flow

Stockholder

Dividend Income

Individual Income Tax (15%)

After-tax net cash flow

______     7.      You are trying to decide whether to run your business as a corporation or as an individual owner (for example, as a “sole proprietorship”). One of the factors is the problem of double taxation. Assume that the corporate income tax rate is 35%, the individual income tax rate on dividend income is 15%, and the individual income tax rate on other income is 39.6%. (Note – use these tax rates. Don’t use the actual tax rate schedule.) The business is expected to generate $720,000 of taxable income. Similar to the example given in class, assume that the amount of dividend income is equal to the corporate after-tax cash flow. How much more after-tax cash flow will you have if you run the business as a sole proprietorship rather than as a corporation? Hint: fill out the following table to help answer the question.

Operated as corporation

Individual owner

Corporation

Individual

Cash Revenue

$900,000

Cash Revenue

$900,000

Cash Expenses

$180,000

Cash Expenses

$180,000

Taxable Income

$720,000

Taxable Income

$720,000

Corporate Income Tax (35%)

Individual Income Tax (39.6%)

Net Income

After-tax net cash flow

Stockholder

Dividend Income

Individual Income Tax (15%)

After-tax net cash flow

In: Finance

Question 1: Jaycar, an electronics store sponsors the Canterbury Bulldogs, a team that competes in the...

Question 1:

Jaycar, an electronics store sponsors the Canterbury Bulldogs, a team that competes in the NRL. An individual store owner is looking to promote the sale of their 160W solar panels and is planning to offer a discount on the price of the panels from Monday to Friday based on the number of home games won in the past weekend of NRL. The owner of the store has asked us to do some analysis of the promotion assuming the following:

(a) The number of wins each weekend out of eight games is a binomial random variable with a probability of the home team winning being equal to p.

(b) The number of solar panels normally sold from Monday to Friday is a Poisson random variable with mean units sold equal to λ.

(c) The number of wins in a weekend for home teams in the NRL and the number of solar panels sold from Monday to Friday are independent.

Question 1 A):

If we let X represent the number of home team wins out of eight games in a weekend of NRL, what will the mean and variance of X be in terms of p.

Question 1 B):

If we let Y represent the number of 160W solar panels sold from Monday to Fridays, what will the mean and variance of Y be in terms of λ.

Question 1C):

The “cost” of the promotion will be a new random variable that is a function of:

the number of home wins over the weekend;

the number of solar panels that will be sold; and the discount offered per game. If we let the cost be a new random variable such that Z = a*X*Y , find the mean and variance of Z. Hint: The variables are assumed to be independent.

The variance of the product of independent variables is given by

Var( XY ) = (E( X))^2*Var( Y ) + (E( Y ))^2*Var(X) + Var(X)*Var( Y ),

and Var(c*X) = c^2*Var(X).

In: Statistics and Probability

The Montana Movie Theatre Company (Montana) operates movie theatres in 15 different towns throughout western Montana,...

The Montana Movie Theatre Company (Montana) operates movie theatres in 15 different towns throughout western Montana, including in Missoula, a city of 60,000 people with a major state university. In Missoula, Montana owns and operates five movie theatres with a total of 38 screens. Montana operates the only theatre in Missoula and the theatres within a 30-mile radius around Missoula. Montana charges $6 for matinee movie times and $8.50 for evening movies. These prices are about 10% higher than the prices charged around most of the rest of the state. There are no discount ticket prices of any type for senior citizens, students, or any other group. Most movie theatres around the rest of the state offer some, if not all, special individual or group discounts.

Several other movie theatre companies have sought to build movie theatres in Missoula over the last 10 years. Each of these efforts has failed. In addition, Montana has actively lobbied city authorities to keep out any other movie theatre companies.

1. What are the business and the associated legal issues with Montana’s operations?

2. Is there a possible case of monopoly here under federal law? Why or why not?

3. During discovery in a lawsuit situation, what, if any, accounting records should you request if you were engaged by the lawyer for Montana to defend Montana in a monopoly-related lawsuit? If you were engaged by a competitor of Montana to sue Montana in a monopoly-related lawsuit?

4. What other information would you need as a forensic accountant involved in this type of situation defending Montana in a monopoly-related lawsuit? Suing Montana in a monopoly-related lawsuit?

5. What are the services that a forensic accountant, as an expert witness, might be asked to provide in a dispute involving the above scenario defending Montana? Or suing Montana?

In: Accounting

Which of the following can improve the trade balance between the US and other countries? I....

Which of the following can improve the trade balance between the US and other countries?

I. When US citizens visit other countries

II. When French tourist visit the US

III. When German investors buy homes in the US

IV. When US citizens buy an Apple product

A- I only

B- II only

C- II and III only

In: Finance

Define strategic management with specific examples to the following activities 1- Business vs individual strategic behaviors...

Define strategic management with specific examples to the following activities
1- Business vs individual strategic behaviors as different from managemnet planning.
2- Provide a written process of organization behavior for purpose of effective Management
3- What are the main objectives for understanding organization behavior?

In: Accounting

One of the areas addressed by the ISO 14000 series is environmental labeling. (PART A) How...

One of the areas addressed by the ISO 14000 series is environmental labeling.

(PART A) How might individual firms benefit from using labeling standards?

(PART B) How might international trade be affected?

Be specific and please don't send the same answer that is already posted.

In: Economics

You cross the following two individuals: Individual 1: A/a;B/b;C1/C2 Individual 2: a/a;B/b;C1/C2 A is fully dominant,...

You cross the following two individuals:

Individual 1: A/a;B/b;C1/C2

Individual 2: a/a;B/b;C1/C2 A is fully dominant, B is dominant lethal, whereas C1 and C2 are incompletely dominant

The proportion of offspring that are expected to have the same phenotype as individual 1 is _________

In: Biology

3. a) What does an income elasticity of demand of +1.33 mean? b) Explain why the...

3. a) What does an income elasticity of demand of +1.33 mean? b) Explain why the government potentially can raise more tax revenue if it applies a tax to a good with inelastic demand than if it applies the tax to a good with elastic demand? c) The Vice Chancellor of a university is concerned about increasing costs, and decides to raise tuition fees in an attempt to increase university revenue. Briefly explain (i.e. 2 or 3 sentences) whether you think this move will accomplish the Vice Chancellor’s objective.

In: Economics

1) How can convalescent serum from patients who have recovered from COVID-19 be used to treat...

1) How can convalescent serum from patients who have recovered from COVID-19 be used to treat sick patients? What part of the serum might be beneficial to these patients?

2) I saw a report this week that the mutation rate for SARS-CoV-2 is much less than that of the influenza virus. How does this information impact the efficacy of any new vaccine?

3) Besides vaccination, what other therapies are being developed/tested? What do these therapies target in the virus?

In: Biology