Do you think U.S. companies will embrace IFRS for financial reporting purposes? Why or Why not? Present original arguments (supported by authoritative reference sources) in support of your position. Include in your response, a list of 2-3 U.S. MNCs who are already using IFRS for financial reporting purposes.

Do you think U.S. companies will embrace IFRS for financial reporting purposes?

Why or Why not? Present original arguments (supported by authoritative reference sources) in support of your position. Include in your response, a list of 2-3 U.S. MNCs who are already using IFRS for financial reporting purposes.

Camille Sikorski was divorced in 2018. She currently owns and provides a home for her 15-year-old daughter. Kaly lived in Camille’s home for the entire year and Camille paid for all the costs of maintaining the home. Camille received a salary of $105,000 and contributed $6,000 of it to a qualified retirement account (a for AGI deduction). She also received $10,000 of alimony from her former husband (per divorce decree issued in 2018). Finally, Camille paid $15,000 of expenditures that qualified as itemized deductions. What is Camille’s taxable income? What would Camille’s taxable income be if she incurred $24,000 of itemized deductions instead of $15,000?

1.Present a sound analysis explicating the injuries outcomes of TOT deterioration on African economies in 1970s and 1980s. Your written analysis must be to the point and comprehensive (15 points).

2. On political colonialism versus economic colonialism What are the similarities and dissimilarities between the former European colonialism and the current Economic colonialism for African countries? Your written analysis must be to the point and elaborate (10 points).

3.Thoughtfully explain the economic fallout of European colonialism on African economies during the colonial period (5 points). Thoughtfully explain the economic fallout of economic colonialism on African economies during the 1970s and 1980s (10 points).

Jon and Susan Bogren filed for voluntary bankruptcy under Chapter 7 and qualified by passing the means test. They own one car outright that has a value of $3,000, and they owe $10,000 to the bank for their second car. Their bankruptcy action will cause them to incur attorney’s fees, trustee fees, and court costs. Jon owes alimony and child support to his former wife and children. Jon and Susan also owe income taxes and penalties from 2015, and Susan owes $35,000 in student loans. Is any property exempt? Are all of the debts dischargeable in bankruptcy? If not, indicate which ones are not dischargeable. List the priority in which the creditors will be paid.

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Over the past 20 years the 12 members of the Organisation of Petroleum Exporting Countries have made repeated attempts to restrict output in order to maintain high crude oil prices. Between 1990 and 1995, however, crude oil prices dropped by about 20%, due in part to increased production from the former Soviet Union, Latin America, Asia and the North Sea. In light of these increases in oil production from non-OPEC countries, what must OPEC do to maintain the price of oil at its desired level? Do you think this is easy for OPEC to do? Explain that in not less than 500 words.

Jon and Susan Bogren filed for voluntary bankruptcy under Chapter 7 and qualified by passing the means test. They own one car outright that has a value of $3,000, and they owe $10,000 to the bank for their second car. Their bankruptcy action will cause them to incur attorney’s fees, trustee fees, and court costs. Jon owes alimony and child support to his former wife and children. Jon and Susan also owe income taxes and penalties from 2015, and Susan owes $35,000 in student loans. Is any property exempt? Are all of the debts dischargeable in bankruptcy? If not, indicate which ones are not dischargeable. List the priority in which the creditors will be paid.

You are the health information manager at General Hospital. Your in-house counsel has been contacted by an attorney for a former patient of the hospital whose inpatient hospitalization resulted in some harm to the patient. That harm was documented in an incident report prepared by hospital staff. Internal legal review of the incident report indicates that the harm described by the patient’s attorney is consistent with the harm described in the incident report. Based on the conversations between General Hospital counsel and the patient’s attorney, the counsel believes a lawsuit is imminent.

1. Which source(s) of law might govern this scenario (ie. Judicial or Civil) and give an example of one source of law that would be applicable.

A car can be produced by 20 workers in the United States, and by 10 workers in Germany. 1,000 chickens can be produced by 25 workers in the United States, and by 20 workers in Germany.

a) Using charts, show how a shift of workers toward one of the two industries in the United States, coupled with a shift of workers toward the other in Germany, could result in increased total production of both goods in the two countries.

(d) Suppose that when trade opens, the international price ratio settles at the former German price ratio. Using diagrams, show what happens to production, consumption, exports, and imports (i) in the United States and (ii) in Germany.

Could someone claim their step-son in law as a dependent if they meet the gross income requirements?

The scenerio:

"Ed has supported his stepdaughter, her husband and their child since his wife's death three years ago. Ed promised his late wife that he would support her daughter from a former marriage and her daughter's husband until they both finished college. They live in another state and each make less than $2,000 of gross income per year. Is Ed entitled to dependency exemptions for the three individuals?"

Use supporting IRS codes, regs and court cases to back up answer.