Alan, who is the Chief Financial Officer of SNL, has become aware that the company is seeking to tender for some major renovation work needed by the company. Alan’s cousin is in the renovation business so Alan tells him of the possibility of work at SNL. Alan tells his cousin the price range that SNL will consider and something about other companies that are tendering. Alan attends the meeting where they consider who will get the tender for the repair work, but does not disclose his connection with his cousin, who has put in a tender and actually wins the contract. 3. Does Alan have any potential liability for what he has done or not done?
Hi there, can you please answer this question in around 800 words by using IRAC method. Its a 10 marks question.
In: Accounting
A gaming company is interested in the population proportion of adults who enjoy video games. They conduct a survey of 160 randomly selected adults and find that 48 enjoy video games.
a) Name the distribution used to construct CIs. (Show any conditions that you’ve checked.)
b) Find the 95% confidence interval for the population proportion of adults who enjoy video
games.
In: Statistics and Probability
What is the incentive for S Corporation Shareholders, who also work in the company, to receive an unreasonably low salary?
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In: Accounting
Go to the news. Name a company who has made a claim.
What would be the null and alternate hypothesis and how would you go about seeing if that claim is true.
Thank you!
In: Statistics and Probability
Ms. Claire , is a Liberian entrepreneur who is interested in starting a ride hailing company like Uber. She intends to go with the name “Allons-y”(pronounced allonzee).She is however new to this ride hailing business.For technical opinion, she consults you, an economics student to help her identify and classify the principal cost elements she should expect to incur.(a)Identify at least ten(10)principal cost items (expenditure) associated with setting up and operating this ride hailing business.[5 marks](b)Classify with explanation,the identified costs under Fixed or Variable costs.[5 marks](c)Advise Ms. Claire what to consider when she is deciding to employ an additional administrative worker.[5 marks](d)Assume that the only resources required by Ms. Claire labour and Capital. Complete the table that follows,provided the wage for each worker is $100and the required capital is estimated at $10,000.[5 marks] e)Explain two factors that would influence the price elasticity of demand for Allons-y. [5 marks](f)Suppose Claire begins operations and is faced by a downwardsteep-sloping market demand curve.Also,from her costs schedule in(d)above,it is established thather willingness to sell conforms to an upward sloping market supply curve.The taxi union in a petition to the government argues that ride hailing services are exempted from certain commercial vehicle levies and as result ride hailing service operators charge a lower price than the taxi operators.The union therefore requests the government to correct this unfair advantage.In response to the petition,the government is deciding to impose a unit tax of $2perrideonridehailingservices.To what extent would the imposition of the unit tax address the problem raised by the taxi
In: Economics
As controller of the Parent Company who is ready to prepare financial statements, you have the following information:
REQUIRED: What are the steps you would use (the Parent Company) to prepare consolidated financial statements for the parent company, the 121 100% owned subsidiaries, and the 20 companies in which you are heavily invested. [Consider IFRS, foreign currency; NCI, and anything else you think is pertinent.]
In: Accounting
A company pays its employees as managers (who receive a fixed weekly salary), hourly workers (who receive a fixed hourly wage for up to the first 40 hours they work and “time-and-a-half,” i.e. 1.5 times their hourly wage, for overtime hours worked), commission workers (who receive $250 plus 5.7% of their gross weekly sales), or pieceworkers (who receive a fixed amount of money per item for each of the items they produce-each pieceworker in this company works on only one type of item). Write a program to compute the weekly pay for each employee. You do not know the number of employees in advance. Each type of employee has its own pay code: Managers have pay code 1, hourly workers have code 2, commission workers have code 3 and pieceworkers have code 4. Use a switch to compute each employee’s pay based on that employee’s paycode. Within the switch, prompt the user to enter the appropriate facts your program needs to calculate each employee’s pay based on that employee’s paycode.
In: Computer Science
A company pays its employees as managers (who receive a fixed weekly salary), hourly workers (who receive a fixed hourly wage for up to the first 40 hours they work and “time-and-a-half”—i.e., 1.5 times their hourly wage—for overtime hours worked), commission workers (who receive $250 plus 5.7% of their gross weekly sales), or pieceworkers (who receive a fixed amount of money for each of the items they produce—each pieceworker in this company works on only one type of item). Write a program to compute the weekly pay for each employee. You do not know the number of employees in advance.
Each type of employee has its own pay code: Managers have paycode 1, hourly workers have code 2, commission workers have code 3 and pieceworkers have code 4.
Use a switch to compute each employee’s pay based on that employee’s paycode. Within the switch, prompt the user (i.e., the payroll clerk) to enter the appropriate facts your program needs to calculate each employee’s pay based on that employee’s paycode. [Note: You can input values of type double using the conversion specifier %lf with scanf.]
In: Computer Science
The client was a young IT professional who wanted to start-up a new company. The idea was to combine virtual reality developments with online education which was getting quite popular after coronavirus pandemic in 2020. Furthermore, the client was getting ready to launch virtual offices as well. Test runs have shown a strong interest from many companies as this would allow to save a lot of money on office spaces, utilities and supplies.
you have also asked the client which criteria is the most important for the new company: (a) organizational requirements and costs, (b) liability of the owners, (c) the continuity of the business, (d) the transferability of ownership, (e) management control and regulations, (f) the ability to raise capital or (g) income taxes.
Question . Specify the most suited legal form of business for each above mentioned criterion and explain the reason. Answer: a, b, c, d, e, f, and g
In: Accounting
You are a senior manager in a U.S. automobile company who is considering investing in production facilities in China, Russia, or Germany. These facilities will serve the local market demand. Develop a summary that determines the benefits, costs, and risks associated with doing business in each nation. Which country seems to be the most attractive target for foreign direct investment? Why? The course is International Business and Global Strategy.
In: Economics