Questions
Background: Accounting scandals and fraud, both in the United States and internationally, have re-ignited the debate...

Background: Accounting scandals and fraud, both in the United States and internationally, have re-ignited the debate over the current laws, regulation and accounting principles. The relative merits of GAAP, which takes a “rules-based” approach to accounting, versus IFRS, which takes a “principles-based” approach have been under scrutiny. In the last couple of years, the FASB announced that it intends to introduce more principles-based standards to improve general accounting principles and practices.

Organizations have internal control measures to detect fraud. In additions, organizations are subjected to required reporting of financial information to external entities. With that in mind, answer the following items in your initial discussion response:

  1. Define fraud and discuss the three factors identified in our textbook that contribute to fraudulent activity.
  2. What are some strategies in health care to prevent financial fraud? Provide some details.
  3. Identify an example of an organization that has committed fraud. What happened and what were the legal ramifications?

Make sure your initial response contains 175- to 265-words.

APA Formatting: Use citations where appropriate and list references.

In: Accounting

1.A trolley is hurtling out of control and five people are tied down to the track!...

1.A trolley is hurtling out of control and five people are tied down to the track! You are standing next to a very large man on a footbridge above the track. If you push him in front of the trolley, you will kill him, but save the five people. What would a Utilitarian and a Kantian Deontologist say you should do? What objection might a Kantian Deontologist make against the Utilitarian answer? Make sure you explain the relevant details of each theory.

2.Someone knocks at your door. It's your roommate's ex and she's come to kill him! She asks where he is. You know that your roommate happens to be upstairs sleeping. What would a Kantian and an Aristotelian say about this situation? What objection might an Aristotelian make against the Kantian answer? Make sure to explain the relevant details of each theory.

3.Oh no! You're living in the State of Nature and life is solitary, poor, nasty, brutish, and short! Describe the three features of the State of Nature according to Hobbes and how they contribute to making it undesirable. Then explain what Hobbes thinks you have to do to enter into society.

In: Psychology

1) Find a company whose ticker symbol contains your initials. (For example if your initials are:...

1) Find a company whose ticker symbol contains your initials. (For example if your initials are: BK, then Bank of New York Mellon (BK) or Barnes and Noble (BKS) or Ambac Financial Group (ABK) would satisfy this requirement). If you cannot find any company with your initials, then use one of your initials (you choose which) twice. So if your initial are: SV, choose a company with either 2 S’s or 2 V’s in the ticker. If there is still no suitable company, then choose any company contained in the Dow Jones Industrial Average. 2) Obtain the financial statements for the three most recent years. Usually, the financial statements are in the company’s annual report, and are on, or can be downloaded from the company’s website, or 3) For the three most recent years, analyze the Du Pont identity for your chosen company. How has ROE changed over this period? How have changes in each component of the Du Pont identity affected ROE over this period? 4) Choose two competitors of the company you chose in parts 1,2 and 3. Analyze the Du Pont identity for the competitors (over the most recent three years). How does your company’s profitability compare to the two competitors? What conclusion, if any, can you make about the condition of your chosen company?

I chose Agilent Technologies but I couldnt post their financial statement here, please go to https://www.agilent.com/about/newsroom/presrel/2017/20nov-gp17023_print.html

# # #

AGILENT TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(In millions, except per share amounts)
(Unaudited)
PRELIMINARY
Three Months Ended
October 31, Percent
2017 2016 Inc/(Dec)
Net revenue $ 1,189 $ 1,111 7 %
Costs and expenses:
Cost of products and services 542 523 4 %
Research and development 89 84 6 %
Selling, general and administrative 325 321 1 %
Total costs and expenses 956 928 3 %
Income from operations 233 183 27 %
Interest income 7 3 133 %
Interest expense (20 ) (19 ) 5 %
Other income (expense), net 6 (16 )
Income before taxes 226 151 50 %
Provision for income taxes 49 25 96 %
Net income $ 177 $ 126 40 %
Net income per share:
Basic $ 0.55 $ 0.39
Diluted $ 0.54 $ 0.38
Weighted average shares used in computing net income per share:
Basic 322 324
Diluted 326 328
Cash dividends declared per common share $ 0.132 $ 0.115
Years Ended
October 31, Percent
2017 2016 Inc/(Dec)
Net revenue $ 4,472 $ 4,202 6 %
Costs and expenses:
Cost of products and services 2,063 2,005 3 %
Research and development 339 329 3 %
Selling, general and administrative 1,229 1,253 (2 %)
Total costs and expenses 3,631 3,587 1 %
Income from operations 841 615 37 %
Interest income 22 11 100 %
Interest expense (79 ) (72 ) 10 %
Other income (expense), net 19 (10 )
Income before taxes 803 544 48 %
Provision for income taxes 119 82 45 %
Net income $ 684 $ 462 48 %
Net income per share:
Basic $ 2.12 $ 1.42
Diluted $ 2.10 $ 1.40
Weighted average shares used in computing net income per share:
Basic 322 326
Diluted 326 329
Cash dividends declared per common share $ 0.528 $ 0.460

In: Accounting

C# assignment 5: Shipping Charges A large Internet merchandise provider determines its shipping charges based on...

C# assignment 5: Shipping Charges
A large Internet merchandise provider determines its shipping charges based on the number of items purchased. As the number increases, the shipping charges proportionally decrease. This is done to encour- age more purchases. If a single item is purchased, the shipping charge is $2.99. When customers purchase between 2 and 5 items, they are charged the initial $2.99 for the first item and then $1.99 per item for the remaining items. For customers who purchase more than 5 items but less than 15, they are charged the initial $2.99 for the first item, $1.99 per item for items 2 through 5, and $1.49 per item for the remaining items. If they purchase 15 or more items, they are charged the initial $2.99 for the first item, $1.99 per item for items 2 through 5, and $1.49 per item for items 6 through 14, and then just $0.99 per item for the remaining items. Allow the user to enter the number of items purchased. Define appropriate constants, use the decimal data type, and display the ship- ping formatted charges.

In: Computer Science

Clinton Corporation has two decentralized divisions, Alpha and Beta. Alpha always has purchased certain units from...

Clinton Corporation has two decentralized divisions, Alpha and Beta. Alpha always has purchased certain units from Beta at $95 per unit. Beta plans to raise the price to $130 per unit, the price it receives from outside customers. As a result, Alpha is considering buying these units from outside suppliers for $95 per unit. Beta’s costs follow: Variable costs per unit $ 90 Annual fixed costs $ 170,000 Annual production of these units sold to Alpha 15,000 units

Required: a. If Alpha buys from an outside supplier, the facilities that Beta uses to manufacture these units will remain idle. What will be the result if Clinton enforces a transfer price of $130 per unit between Alpha and Beta?

Clinton's contribution margin would (increase/decrease) by ?????

b. Suppose Clinton enforces a transfer price of $95 and insists that Beta sell to Alpha before selling to outside customers. Beta currently operates at capacity and can easily sell the units it sells to Alpha on the outside market. What cost will Clinton incur as a result of this policy?

In: Accounting

Question No 1: (A). Sohar Company is doing manufacturing business in Oman. Recently, it started spending...

Question No 1:

(A). Sohar Company is doing manufacturing business in Oman. Recently, it started spending funds to acquire modern technology which will improve the quality of products that leads to increase its sales. This development will positively influence the investors and help to maximize the market value of company shares.

Requirement:
(i) Which objective of Financial Management will be achieved by Sohar Company by above development?
(ii) Explain any two arguments in favor of such objective.                                      


(B ) Agency is a branch of economics relating to the behavior of principals (such as owners)
       and their agents ( such as managers).
      Why do conflicts arise between owners and managers in companies and what will be its
      effect on the interests of management? Explain.                                                 


(C) At present the collection management of receivables of ABC Company is very weak.
       The company wants to improve it and needs your help.
        What are the suggestions do you give to improve the collection management
         of ABC Company especially in the following areas?                                     
         (i) Delay in collection of receivables         (ii) Delay in sending invoices to customers
         (iii) Customers complaints on products     (iv) Lack of training for staff

In: Finance

Cheshire Plants is delivering the monthly supply of their fine product to their seven customers. The...

Cheshire Plants is delivering the monthly supply of their fine product to their seven customers. The distances in miles between the customers are shown in the table and, wishing to be as efficient as possible, the driver would like to find the shortest route that takes her from the starting point A to every customer and then back to the starting point. Use the nearest neighbor heuristic to identify a route that would minimize the distance traveled. Show work

From/To A B C D E F G H
A 0 288 231 210 89 216 118 264
B 62 0 51 166 211 36 223 270
C 176 196 0 126 90 235 190 83
D 210 216 86 0 171 46 276 125
E 223 93 242 160 0 238 104 139
F 193 44 73 79 137 0 50 196
G 255 275 241 116 41 293 0 164
H 271 31 33 79 52 107 225 0

In: Operations Management

You are manager of the human resource department at a large company. You will meet a...

You are manager of the human resource department at a large company. You will meet a group of new employees. You want to develop a PowerPoint presentation that describes your company’s corporate ethics code on privacy that addresses both employee privacy and the privacy of customers and users of the corporate Web site. There are a vast number of examples you can access on existing corporate Web sites to use as models (note: using them as models to create your own presentation; do not copy them!). Develop a PowerPoint presentation that must contain at least 15 slides. Your presentation must include the following topics:

  1. Have a proper title and your name
  2. Define privacy in common sense.
  3. Explain the relationship between protection of privacy and corporate business well-being.
  4. Explain employee email privacy and employer monitoring of Web surfing in the company.
  5. Explain corporate use of information about employees’ off-the-job behavior (e.g., lifestyle, marital arrangements, social networking, and so forth).
  6. Describe how to protect and use corporate data – employees, customers, suppliers, and business partners.

In: Operations Management

Wildhorse Hardware Store completed the following merchandising transactions in the month of May. At the beginning...

Wildhorse Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Wildhorses’ ledger showed Cash of $8,100 and Common Stock of $8,100.

May 1 Purchased merchandise on account from Black Wholesale Supply for $8,100, terms 1/10, n/30.
2 Sold merchandise on account for $4,500, terms 2/10, n/30. The cost of the merchandise sold was $3,400.
5 Received credit from Black Wholesale Supply for merchandise returned $200.
9 Received collections in full, less discounts, from customers billed on May 2.
10 Paid Black Wholesale Supply in full, less discount.
11 Purchased supplies for cash $900.
12 Purchased merchandise for cash $3,100.
15 Received $230 refund for return of poor-quality merchandise from supplier on cash purchase.
17 Purchased merchandise from Wilhelm Distributors for $2,500, terms 2/10, n/30.
19 Paid freight on May 17 purchase $250.
24 Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100.
25 Purchased merchandise from Clasps Inc. for $800, terms 3/10, n/30.
27 Paid Wilhelm Distributors in full, less discount.
29 Made refunds to cash customers for returned merchandise $118. The returned merchandise had cost $100.
31 Sold merchandise on account for $1,280, terms n/30. The cost of the merchandise sold was $814.

Journalize the transactions using a perpetual inventory system. Also, Post the transactions to T-accounts. Be sure to enter the beginning cash and common stock balances. Also, Prepare an income statement through gross profit for the month of May 2022. Lastly, Calculate the profit margin and the gross profit rate. (Assume operating expenses were $1,554.

In: Accounting

Ivanhoe Hardware Store completed the following merchandising transactions in the month of May. At the beginning...

Ivanhoe Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Ivanhoes’ ledger showed Cash of $8,500 and Common Stock of $8,500.

May 1 Purchased merchandise on account from Black Wholesale Supply for $8,500, terms 1/10, n/30.
2 Sold merchandise on account for $4,900, terms 2/10, n/30. The cost of the merchandise sold was $3,800.
5 Received credit from Black Wholesale Supply for merchandise returned $200.
9 Received collections in full, less discounts, from customers billed on May 2.
10 Paid Black Wholesale Supply in full, less discount.
11 Purchased supplies for cash $900.
12 Purchased merchandise for cash $3,500.
15 Received $230 refund for return of poor-quality merchandise from supplier on cash purchase.
17 Purchased merchandise from Wilhelm Distributors for $2,900, terms 2/10, n/30.
19 Paid freight on May 17 purchase $250.
24 Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100.
25 Purchased merchandise from Clasps Inc. for $800, terms 3/10, n/30.
27 Paid Wilhelm Distributors in full, less discount.
29 Made refunds to cash customers for returned merchandise $98. The returned merchandise had cost $86.
31 Sold merchandise on account for $1,280, terms n/30. The cost of the merchandise sold was $811.

Journalize the transactions using a perpetual inventory system.

Post the transactions to T-accounts. Be sure to enter the beginning cash and common stock balances.

Prepare an income statement through gross profit for the month of May 2022.

Calculate the profit margin and the gross profit rate. (Assume operating expenses were $1,380.)

In: Accounting