A simple subsidy (s) reduces the price of a good from P to P-s. On the other hand, a voucher scheme grants to the consumer the ability to consume a stated quantity of the good (label it X1s on the horizontal axis) in exchange for the voucher (which has no cost). Assume the high school graduating class of 2018 in Columbia received a voucher that would cover all tuition and fees for either 60 hours at a community college or 30 hours at a state university.

a. Illustrate and explain why a voucher scheme would be particularly effective in encouraging the consumption of the vouchered good for consumers who would otherwise have chosen little or none of the good. The voucher has no cost to the consumer and it cannot be sold (4 points).

b. Explain how introduction of this voucher into a market where it did not exist before will affect the market price of community college or university education and the feasible budget set for the consumer

Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $66,000. Meg works part-time at the same university. She earns $31,800 a year. The couple does not itemize deductions. Other than salary, the Comers’ only other source of income is from the disposition of various capital assets (mostly stocks). (Use the tax rate schedules ,Dividends and Capital Gains Tax Rates.) (Round final answers to the nearest whole dollar amount.)

rev: 10_18_2018_QC_CS-144256

b. What is the Comers’ tax liability for 2018 if they report the following capital gains and losses for the year?

1. Boeing imported a Rolls-Royce jet engine for £6.5 mil payable in one year
   • The US interest rate 4.00% per annum
   • The UK interest rate 6.50% per annum
   • The Spot exchange rate   $ 1.80/£ today

The company decides to use options to hedge the risk of pound exchange one year later. What kind of options should the company buy? Put or Call?

Assume the strike price of the option is $1.82/£ with a premium of $.02/£ paid today. What is the dollar cost one year later if the spot rate then is 1.60 and 2.00 respectively?

How to utilize the money market tools to hedge the risk of pound exchange one year later? In particular, answer which loan (US or UK) to borrow and to lend? How much is the dollar cost one year later (a number you would know today)?

Women from some cultures may profit greatly from emphasizing their pain during childbirth. A labor and delivery nurse reported that the most difficult patient she ever attended was Robabeh Farag, an Iranian woman, who yelled and screamed for the entire duration of her labor. After she delivered their child, her husband presented her with a three-karat diamond ring. When her nurse commented on the expensive gift, she responded dramatically, "Of course. He made me suffer so much!" Iranian custom is to compensate a woman for her suffering during childbirth by giving her gifts. The greater the suffering, the more expensive the gifts she will receive, especially if she delivers a boy. Her cries indicate how much she is suffering. A young Iranian doctor recently told me that when his wife has a baby, he will present her with a diamond ring or a watch. American nurses value cooperation; a cooperative patient is one who is stoic and follows directions. Uncooperative patients, like Robabeh Farag, are often avoided. How can hospital personnel deal with the variety of expressions of women's pain during labor and delivery?

Source:

Galanti, Geri-Ann. Caring for Patients from Different Cultures, Chapter 9, Page 152 (4). Philadelphia, US: University of Pennsylvania Press, 2013.

*****THIS IS FOR A MULTICULTURALISM AND HEALTH CLASS***** PLEASE RESPOND WITH A 300-500 WORDS MAX THANK YOU :)

What is your culture regarding the pain of child delivery?

If you are not an American person, how do you compare the approach of your county to this issue with the behaves and beliefs of the Americans?

How do you evaluate benefiting from the pain of baby delivery? Can be labeled this case as a right or wrong cultural behavior?

2. Identify the type of sampling used: self-response, random, systematic, convenience,

stratified, or cluster.

a. DTE survey 20 households in every city in

the County to learn about the costumer

satisfying level.

b. A sample consists of students with even

number Student’s ID.

c. A market researcher selects 100 people

from each state in the USA.

d. A pollster uses a computer to generate 500

random numbers, then interviews the voters

corresponding to those numbers.

e. To check the alcohol level of drivers,

police officers stopped every seventh car

passing through a side street near a

famous bar.

f. A University committee wants to know the

percentage of students who drive and text.

They survey all students majoring in History

and English.

g. A restaurant decided to give free

dessert for every 50th costumer dining

there.

h. A reporter writes the name of each US

senator on a separate card, shuffles the

cards, and then draws five names.

i. There are 4 bags of M&M in a box. One

consists of blue M&M, another bag has

red only M&M, the other two consists of

chocolate and yellow M&M respectively.

Lisa takes out 5 M&M from each bag to

create a sample of M&M.

j. A researcher conducts a survey by asking

100 randomly selected workers from each

category: no high school degree, high school

degree, more than high school degree.

k. A researcher wants to determine the

percentage of first grader still believe in

Santa Claus. He uses the first graders in

his son’s school as his sample.

l. A polling on Twitter asks its follower to rank

the work ethic of the congress from 1 to 5,

with 1 as the lowest and 5 as the highest

(TCO F) What is the primary purpose of the statement of cash flows?

Flag this Question

Question 25 pts

(TCO F) Which of the following is not true?

Flag this Question

Question 35 pts

(TCO F) Glitter Girl, Inc. recognized net income of $136,000 including $24,000 in depreciation expense.        
Additional changes from the balance sheet are as follows.                                              
      Accounts Receivable             $3,000            decrease          
      Prepaid Expenses                  $14,500           decrease          
      Inventory                                $9,000            increase           
      Accrued Liabilities                $10,000           decrease          
      Accounts Payable                  $19,500          increase           
Compute the net cash from operating activities based on the above information.

Flag this Question

Question 45 pts

(TCO F) Pig Builder's, Inc. shows the following as of December 31, 2015.

Pig's net cash provided by investing activities for 2015 is

Acquired 50% of Wolf Corp's common stock for $160,000 cash, which was borrowed from Granny's Bank.

Issued 5,000 shares of its preferred stock for land having a fair value of $320,000

Issued 500 of its 11% debenture bonds, due 2017, for $392,000 cash

Paid $120,000 toward bank loan.

Purchased a patent for $220,000 cash

Sold available for sales securities for $796,000

Recognized $88,000 net increase in returnable long term customer deposits

Flag this Question

Question 55 pts

(TCO F) Dasher Builder's, Inc. shows the following as of December 31, 2015.

Sold available for sales securities for $650,000

Acquired 50% of Elven Corp's common stock for $310000 cash which was borrowed from Peppermint's Bank.

Issued 2,000 shares of its preferred stock for land having a fair value of $50,000

Purchased a patent for $170,000 cash

Issued 1,000 of its 12% debenture bonds, due 2020, for $225,000 cash

Paid $130,000 toward bank loan.

Recognized $79,000 net increase in returnable long term customer deposits

Dasher's net cash provided by financing activities for 2015 is

Problem 23-08

Comparative balance sheet accounts of Coronado Company are presented below.

Additional data:

Coronado’s 2020 income statement is as follows.

(a) Compute net cash provided by operating activities under the direct method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

(b) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Comparative balance sheet accounts of Splish Company are presented below.

Additional data:

Splish’s 2020 income statement is as follows.

(a) Compute net cash provided by operating activities under the direct method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

(b) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Comparative balance sheet accounts of Carla Company are presented below.

Additional data:

Carla’s 2020 income statement is as follows.

(a) Compute net cash provided by operating activities under the direct method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

(b) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Comparative balance sheet accounts of Sweet Company are presented below.

Additional data:

Sweet’s 2020 income statement is as follows.

(a) Compute net cash provided by operating activities under the direct method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

(b) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)