The 2020 election will almost certainly be unlike any other in modern history, as Americans will vote this November in the shadow of Covid-19.

Many election administrators, democracy advocates and media are understandably focused on the unique challenges posed by holding an election during a pandemic. But we should not forget one of the perennial opportunities and challenges for a representative and vibrant democracy: ensuring all young people can participate equitably in elections.

At CIRCLE, formally the Tufts Center for Information & Research on Civic Learning and Engagement at the Tisch College of Civic Life, we have been studying youth political participation for nearly two decades. Young people have historically turned out at lower rates than older adults, but recent elections have been encouraging. In 2018, we estimated 28 percent of voters younger than 30 cast a ballot — their highest turnout ever in a midterm election and more than double the rate of four years before.

That boost was fueled by the tireless work of advocates, organizers and young people themselves, many of whom reached out to engage their peers. The restrictions forced by the coronavirus, necessary as they may be to slow the spread of the deadly disease, threaten to prevent a repeat of such crucial efforts this year.

Campuses and schools closed this spring, and maybe again this fall, eliminate important places for registering young voters and giving them opportunities for political engagement. Such newer voters often need information and help navigating the elections process — and social distancing makes such outreach more difficult. And the process itself may be changing, with many states altering their usual systems to expand voting by mail.

These challenges can be overcome, but only if stakeholders make concerted efforts to consider young adults' needs. We should all be invested in assuring every one of them feels prepared and motivated to vote, especially those from historically marginalized communities.

It matters for the health of our democracy: There are more than 47 million potential voters younger than 30, and their voices are vital to the conversation about issues that will affect them for the rest of their lives.

And it matters for equity: There are differences in youth turnout based on educational attainment, race and ethnicity — and other factors that first reflect but then perpetuate inequality and marginalization from civic life.

Campaigns and candidates have another reason to care: Young people can decide elections.

We recently issued this year's version of our Youth Electoral Significance Index. Relying on more than a dozen measures of demographics, recent voting patterns and electoral competitiveness, it ranks states and districts where young voters have the biggest potential to decide House and Senate elections as well as the presidency.

And while it does not predict youth turnout or who will get elected, there is evidence the young cast decisive votes in the most competitive races. Two years ago, for example, the election produced a party switch in 30 of the 50 House districts where we saw the youth vote as most influential.

Here are three of the most important takeaways from our YESI report for 2020:

Picking the president. The 2016 election was decided in Wisconsin, Pennsylvania, Florida and Michigan. Donald Trump won them all by less than 2 percentage points, while young people cast many times more votes than his margin of victory. Those states are central to the outcome again this year — and place first, second, fourth and seventh in our youth vote presidential power ranking. Put simply: Young people are positioned to decide whether Trump or Joe Biden is elected.

Impact everywhere. Nineteen states are represented across our three different top 10 rankings — for the youth vote's influence on the presidential, Senate and House outcomes. They include red states and blue states from every corner of the country, from Colorado to New Hampshire and Minnesota to Alabama.

Youth of color. People of color make up more than half the youth electorate in Arizona (No. 4 in our Senate ranking), Florida (No. 4 on the presidential list) and Georgia (No. 8 for Senate). They represent almost 300,000 potential voters in Alabama (No. 10 Senate). Native American youth in Montana (No. 5 Senate) could impact what looks to be a close race there, as could the 387,000 young black voters and almost 150,000 young Latinos in North Carolina (No. 2 Senate and No. 3 presidential), and the 225,000 young black voters in Michigan (No. 7 for both president and Senate).

YESI is a powerful tool for all stakeholders seeking to increase youth electoral engagement. The young care deeply about having an impact, and evidence they can sway elections can be a significant motivator in getting them to register and then vote.

Parties and candidates can see the states where investing in youth outreach can yield the most important results. Local organizations and advocates can point to their state rankings as reason for resources. University leaders can see the virtue of helping their students vote, whether they're on or off campus. Journalists can be reminded that the youth vote is a big story.

The rankings are also a call to action for advocates and politicians who don't see their states in the rankings.

Pandemic or not, close election or not, youth matter a great deal to our democracy. In every state, they are an engine driving campaigns by volunteering, organizing, registering peers and making their voices heard by the candidates. Even if they won't cast decisive votes in federal elections, they can influence state and local races that often turn on issues that matter to them.

Young people need and deserve support to step into these opportunities; they are important for their own civic development and contribute to a culture of electoral participation that stands to strengthen their electoral impact — and the country's future — for decades.

The time to start reaching out to youth about the election is now. The pandemic makes these efforts more challenging, but no less important.

2.   Based on the above article, why do you think it’s important for all of us to vote? Be sure to cite information from the article at least once in your response (300 words).

Which of the following statements is incorrect?

On January 1, Kirk Corporation had total assets of $861,000. During the month, the following activities occurred: Kirk Corporation acquired equipment costing $7,100, promising to pay cash for it in 60 days. Kirk Corporation purchased $3,610 of supplies for cash. Kirk Corporation sold land, which it had acquired 2 years ago. The land had cost $16,100 and it was sold for $16,100 cash. Kirk Corporation signed an agreement to rent additional storage space next month at a charge of $1,110 per month. What is the amount of total assets of Kirk Corporation at the end of the month?

a)$868,100

b)$871,710

c)$832,000

d)$815,900

Zoom Corporation had the following transactions during 2017:

Issued $250,000 of par value common stock for cash.

Declared and paid a cash dividend of $20,000.

Repaid a 6-year note payable in the amount of $440,000 cash.

Recorded cash sales of $800,000.

Recorded and paid wages expense of $120,000.

Bought inventory for cash of $320,000.

Acquired land by issuing common stock of par value $100,000.

Sold a long-term investment (cost $6,000) for cash of $6,000.

Acquired an investment in Zynga stock for cash of $42,000.

  Converted bonds payable to common stock in the amount of $1,000,000.

What is the net cash provided (used) by financing activities?

The target company is First Data, it was acquired by Fiserv. I need to do analysis of the First Data company. Why it was acquired by Fiserv.

The CEO of the company is looking for some expansion opportunities. He/She approaches the corporate finance division within the company for advice. Suppose you are one of the analysts in the corporate finance team. Your job is to identify a potential takeover target for the company and outline the reasons why such an acquisition is deemed to be beneficial. Complete a detailed analysis about the takeover deal. Your report should include but not limited to the brief of the target. Classify the type of the takeover deal ( eg. horizontal or vertical), describe the benefits associated with the deal and identify potential source of synergy.

Fargus Corporation owned 51% of the voting common stock of Sanatee, Inc. The parent's interest was acquired several years ago on the date that the subsidiary was formed. Consequently, no goodwill or other allocation was recorded in connection with the acquisition price.

On January 1, 2010, Sanatee sold $1,400,000 in ten-year bonds to the public at 108. The bonds pay a 10% interest rate every December 31. Fargus acquired 40% of these bonds on April 1, 2012, for 95% of the face value. Both companies utilized the straight-line method of amortization.

a.) Prepare amortization tables for Fargus (4/1/2012 to 12/31/2013) and (1/1/2010 to 12/31/2013)

Sunshine Industrial Ltd, a massive retailer of electronic products, is organised in four separate
divisions. The four divisional managers are evaluated at year-end, and bonuses are awarded
based on return on investment (ROI). Last year, the corporation as a whole achieved a ROI of
13 percent.
During the past week, the divisional manager of the Asia-Pacific Division was approached
about the possibility of buying a competitor that had decided to redirect its retail activities. The
following data relates to the recent performance of the Asia-Pacific Division and the competitor:
Asia-Pacific Division Competitor
Sales $8,400,000 $5,200,000
Variable costs 70% of sales 65% of sales
Fixed costs $2,150,000 $1,670,000
Invested capital $1,850,000 $625,000
Management has determined that in order to upgrade the competitor to Sunshine’s standards,
an additional $375,000 of invested capital would be needed.
Required:
(a) Compute the ROI of the Asia-Pacific Division for the following scenarios:
(i) before the competitor is acquired.
(ii) after the competitor is acquired.

(b) Do you think the management of Asia-Pacific Division would accept the acquisition?
Provide explanation to your answer.

(c) Do you think the corporate management of Sunshine would accept the acquisition? Show
all computations to support your answer.

(d) Assume that Sunshine uses residual income to evaluate performance and desires a 12
percent minimum return on invested capital. Compute the residual income of the AsiaPacific Division for the following scenarios:
(i) before the competitor is acquired.
(ii) after the competitor is acquired.

(e) Will the Asia Pacific Division management be likely to change its attitude toward the
acquisition? Provide explanation to your answer.

Acquired $30,000 cash from the issue of common stock. Borrowed $42,000 cash from National Bank. Earned cash revenues of $58,000 for performing services. Paid cash expenses of $50,000. Paid a $2,000 cash dividend to the stockholders. Acquired an additional $30,000 cash from the issue of common stock. Paid $11,000 cash to reduce the principal balance of the bank note. Paid $51,000 cash to purchase land. Determined that the market value of the land is $71,000. Determine the amount of total assets that Maben would report on the December 31, 2018, balance sheet.

Maben Company was started on January 1, 2018, and experienced the following events during its first year of operation:

1. Acquired $30,000 cash from the issue of common stock.

2. Borrowed $42,000 cash from National Bank.

3. Earned cash revenues of $58,000 for performing services.

4. Paid cash expenses of $50,000.

5. Paid a $2,000 cash dividend to the stockholders.

6. Acquired an additional $30,000 cash from the issue of common stock.

7. Paid $11,000 cash to reduce the principal balance of the bank note.

8. Paid $51,000 cash to purchase land.

9. Determined that the market value of the land is $71,000.

Required

1. Record the preceding transactions in the horizontal statements model. Also, in the Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), financing activities (FA), or net change in cash (NC). If the element is not affected by the event, leave the cell blank. The first event is shown as an example. (Enter any decreases to account balances and cash outflows with a minus sign. Not all cells will require entry.)

Megatronics Corporation, a massive retailer of electronic products, is organized in four separate divisions. The four divisional managers are evaluated at year-end, and bonuses are awarded based on ROI. Last year, the company as a whole produced a 13 percent return on its investment.

During the past week, management of the company’s Northeast Division was approached about the possibility of buying a competitor that had decided to redirect its retail activities. (If the competitor is acquired, it will be acquired at its book value.) The data that follow relate to recent performance of the Northeast Division and the competitor:

Management has determined that in order to upgrade the competitor to Megatronics’ standards, an additional $150,000 of invested capital would be needed.

Required:

1. 1. Compute the current ROI of the Northeast Division and the division’s ROI if the competitor is acquired.

2. 2. If divisional management is being evaluated on the basis of ROI, will the Northeast Division likely pursue acquisition of the competitor?

3. 3-a. Compute the ROI of the competitor as it is now and after the intended upgrade.

4. 3-b. If ROI is used as the basis for evaluation, would Megatronics Corporation likely be in favor of the acquisition of the competitor?

5. 4. Calculate the Northeast Division's ROI after acquisition of competitor but before upgrading.

6. 5-a. Assume that Megatronics uses residual income to evaluate performance and desires a 10 percent minimum return on invested capital. Compute the current residual income of the Northeast Division and the division’s residual income if the competitor is acquired.

7. 5-b. If divisional management is being evaluated on the basis of residual income, will the Northeast Division likely pursue acquisition of the competitor?