3. One component of learning about another country or region is to understand the relationship of its currency with others on the world currency market. As such, you are assigned the duty of ensuring the availability of 100,000 yen for a payment scheduled next month. Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are the factors that influence your decision to use each? Which one would you choose? How many dollars must you spend to acquire the amount of yen required?
In: Economics
Codification Research Case
What guidance do you find on capitalization of interest in IFRS? How is it different or similar to U.S. GAAP?
When capitalizing interest, there is a limit that the lower of actual interest and avoidable interest should only be capitalized. How do you compute avoidable interest and actual interest? Illustrate with examples.
When a company acquires a long-term asset, how does it determine the cost that should be reported for this asset on the balance sheet?
What is subsequent expenditure? Do you capitalize it or expense it? Discuss.
In: Accounting
The chapter demonstrated that a firm borrowing in a foreign currency could potentially end up paying a very different effective rate of interest than what it expected. Using the same baseline values of a debt principal of SF1.6 million, a one-year period, an initial spot rate of SF1.4700/$, a 5.385% cost of debt, and a 40% tax rate, what is the effective after-tax cost of debt for one year for a U.S.dollar-based company if the exchange rate at the end of the period was:
a. SF1.4700/$
b. SF1.4000/$
c. SF1.3570/$
d. SF1.6160/$
In: Finance
Kyle, a single taxpayer, worked as a free-lance software
engineer for the first three months of 2019. During that time, he
earned $58,000 of self-employment income. On April 1, 2019, Kyle
took a job as a full-time software engineer with one of his former
clients, Hoogle Inc. From April through the end of the year, Kyle
earned $172,000 in salary.
What amount of FICA taxes (self-employment and employment related)
does Kyle owe for the year? (Round your intermediate
calculations to the nearest whole dollar amount.)
In: Accounting
Kyle, a single taxpayer, worked as a free-lance software engineer for the first three months of 2019. During that time, he earned $44,000 of self-employment income. On April 1, 2019, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Inc. From April through the end of the year, Kyle earned $178,000 in salary. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year? (Round your intermediate calculations to the nearest whole dollar amount.)
In: Accounting
Which of the following is correct? Select one:
a. The data set 100, 200, 300 has the same variance as the data set 150, 250, 350.
b. If two data sets have the same range, both sets will have the same interquartile range.
c. Pie and bar charts are graphical techniques for nominal data. The former focuses the attention on the frequency of the occurrences of each category, and the latter emphasizes the proportion of occurrences of each category
d. For a negatively skewed distribution, mean ≥ median ≥ mode. e. None of the suggested answers are correct.
In: Statistics and Probability
Kyle, a single taxpayer, worked as a free-lance software engineer for the first three months of 2017. During that time, he earned $88,000 of self-employment income. On April 1, 2017, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Inc. From April through the end of the year, Kyle earned $204,000 in salary. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year? (Round your intermediate calculations to the nearest whole dollar amount.)
In: Accounting
Modifiable vs. Unmodifiable Risk Factors
1. Find a scholarly journal article relating to Modifiable vs. Unmodifiable Risk Factors . Post a 4-5 sentence summary of your article in your own words. Please include a reference as to where you find your information in APA reference
2. Choose a subject (it can be a former patient, a family member, or yourself) and identify modifiable and nonmodifiable risk factors. Identify methods to prevent Coronary Artery Disease (CAD) in the subject. What can you recommend to your classmates subjects?
In: Nursing
Kyle, a single taxpayer, worked as a free-lance software engineer for the first three months of 2018. During that time, he earned $60,000 of self-employment income. On April 1, 2018, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Inc. From April through the end of the year, Kyle earned $202,000 in salary. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year? (Round your intermediate calculations to the nearest whole dollar amount.)
In: Economics
Kyle, a single taxpayer, worked as a free-lance software
engineer for the first three months of 2018. During that time, he
earned $60,000 of self-employment income. On April 1, 2018, Kyle
took a job as a full-time software engineer with one of his former
clients, Hoogle Inc. From April through the end of the year, Kyle
earned $202,000 in salary.
What amount of FICA taxes (self-employment and employment related)
does Kyle owe for the year? (Round your intermediate
calculations to the nearest whole dollar amount.)
In: Accounting