QUESTION 5: Case Study I - ETHICS CASE STUDY [10 Marks]
One for the Road—Anyone?
“Florence Yozefu is a brilliant scientist who heads a robotics research laboratory at one of the top ten research universities. Florence has been developing wearable robotics gear that can take over the driving functions of a vehicle from a human operator when it is worn by the driver. In laboratory tests, the robot, nicknamed Catchmenot, has performed successfully whenever Florence and her assistants have worn the robot. However, no real-life experiment has ever been conducted outside the lab. Florence has been planning to try it out in her project plan but has not yet had a chance to do so. For New Year’s Eve, Florence has plans to visit her mother and sister, about 100 miles away. This was a good opportunity to show her mother and her sister what she has been working on in the last few months. So, she decides to take Catchmenot with her. She packs her car the evening before and on the morning of the trip, she passes by the lab to get her robot and put it in the car. She drives the 100 miles in a little under her usual time and arrives at her mother’s house earlier than usual”. “In the evening, Florence bids her mother good-bye and passes by her sister’s apartment as promised. At her sister’s apartment, she finds a few of her teen friends and they get right into a party mode. Florence drinks and dances and forgets about the time. There are many stories to tell and to listen to. About 1:00 a.m., after the midnight champagne toast, she decides to leave and drive back to her apartment. She had promised to accompany her friends to a pre-planned engagement. Although she is very drunk, and against her friend’s advice and insistence that she should not drive, Florence puts on Catchmenot and in a few minutes she is off. Thirty minutes later, she is cruising at 70 mph and she is also sound asleep. She is awakened by a squirrel running all over her car at about 5:00 a.m. She is parked by the roadside in front of her apartment complex. She has made it home safely. She has no idea when and where she passed out and what happened along the way. She will never know. Although she is surprised, confused, and feels guilty, she is happy how well Catchmenot has worked. She decides to market it. How much should she charge for it, she wonders”.
[Source: Kizza J.M. History of Computing. In: Ethical and Social Issues in the Information Age, 2010, Texts in Computer Science. Springer, London] Please answer the following questions:
1. As AI applications increase, such as in the use of robotics, will the wider use of these “manlike” machines compromise our moral values system? Why or why not? [2 Marks]
2. Discus the future of computer ethics in the integrated environment of Artificial Intelligence (A I), Virtual Reality (VR), and cyberspace. [3 Marks]
3. If anything went wrong during the ride home, would Florence be responsible? Who should be? What are the consequences? [3 Marks]
4. Discuss the ethical implications of Artificial Intelligence. [2 Marks]
In: Computer Science
SMITH FAMILY'S 2018 TAX SCENARIO
Joseph L. Smith (age 45, Social Security number 145-26-9210) and Rita M. Smith (age 43, Social Security number 142-46-5108) are husband and wife. They live at 1650 Belmont Avenue, Chicago, IL 60615. David is a self-employed CPA and Rita is a third grade teacher. They have two children: Blake (age 5, Social Security number 310-51-2108) and Amelia (age 3, Social Security number 314-62-8924).
In 2018, Joseph earned $182,000 and Rita earned $46,000. The Smith family has medical coverage through the school system for which Rita works. As an employee, Rita had $9,500 of federal tax withheld, $2,300 of IL state tax withheld, and the required Social Security and Medicare taxes.
Joseph has an office with business expenses for 2018 as follows:
| Item | Amount |
|---|---|
| Office Rent | $24,000 |
| Office Supplies | $8,000 |
| Internet Charges | $1,2000 |
| Phone System Charges | $4,800 |
| Advertising Expenses | $1,800 |
| Postage Charges | $1,500 |
| Audit/Tax Software Charges | $20,000 |
| Business Gifts | $400 |
The advertising expenses included local newspaper advertisements, digital marketing, and direct marketing flyers. The business gifts were $40 gift certificates given to his 10 largest clients in appreciation for their business.
Joseph purchased a 2017 Honda Civic in 2017. In 2018, he drove 24,000 business miles and 6,000 personal miles, and uses the standard mileage method for tax purposes.
In 2018, Joseph made estimated quarterly federal tax payments of $18,000/quarter and estimated quarterly IL state tax payments of $3,000. All the payments were made within calendar 2018. Joseph also contributed $8,000 to his SEP account.
Rita bought various supplies for her classroom, but did not closely track expenditures and thus only wants to take the allowed educator expenses deduction. Her teacher's license was also renewed in 2018 for $125.
Blake and Amelia are both in day care at the Riley Day Care Center at 1325 Lake Street, Chicago, IL 60612 (EIN 36-2875647). They are only in day care for 9 months of the year (weekly charge of $240.00/week), because Rita does not work during the summer.
In addition to the wages and expenses as detailed, the Smiths have the following documented income and expenses:
| Item | Amount |
|---|---|
| Interest income from CDs | $1,800 |
| Interest Income from Series EE | $4,000 |
| Government Bonds Mortgage Interest on Principal Residence | $15,000 |
| Property taxes on Residence | $8,000 |
| PMI Insurance Payments | $3,000 |
| Cash Charitable Contributions | $2,500 |
| Non-Cash Contributions (Used Clothing to Salvation Army) | $350 |
The Smiths itemized deductions in 2017. The federal tax refund was $3,500 and the IL state tax refund was $600.
In addition, the Smiths own rental property (a "two flat" in Chicago) which they have rented out for the entire year. Total rental income was $30,000. Rental property related expenses were as follows:
| Item | Amount |
|---|---|
| Mortgage Interest on Rental Property | $13,000 |
| Property Tax | $9,000 |
| Repairs on Rental Units | $2,6000 |
| Depreciation on Rental Units (using SL Depreciation) | $3,500 |
| Utilities | $3,000 |
| Landscaping | $500 |
Compute the family's federal income tax for 2018 which includes completing the appropriate 2018 forms and schedules.
In: Accounting
Shauna Coleman is single. She is employed as an architectural
designer for Streamline Design (SD). Shauna wanted to determine her
taxable income for this year. She correctly calculated her AGI.
However, she wasn’t sure how to compute the rest of her taxable
income. She provided the following information with hopes that you
could use it to determine her taxable income.
b. Assume Shauna’s AGI is $207,000. Determine
Shauna’s taxable income.
In: Accounting
SMITH FAMILY'S 2018 TAX SCENARIO Joseph L. Smith (age 45, Social Security number 145-26-9210) and Rita M. Smith (age 43, Social Security number 142-46-5108) are husband and wife. They live at 1650 Belmont Avenue, Chicago, IL 60615. David is a self-employed CPA and Rita is a third grade teacher. They have two children: Blake (age 5, Social Security number 310-51-2108) and Amelia (age 3, Social Security number 314-62-8924). In 2018, Joseph earned $182,000 and Rita earned $46,000. The Smith family has medical coverage through the school system for which Rita works. As an employee, Rita had $9,500 of federal tax withheld, $2,300 of IL state tax withheld, and the required Social Security and Medicare taxes. Joseph has an office with business expenses for 2018 as follows: Item Amount Office Rent $24,000 Office Supplies $8,000 Internet Charges $1,2000 Phone System Charges $4,800 Advertising Expenses $1,800 Postage Charges $1,500 Audit/Tax Software Charges $20,000 Business Gifts $400 The advertising expenses included local newspaper advertisements, digital marketing, and direct marketing flyers. The business gifts were $40 gift certificates given to his 10 largest clients in appreciation for their business. Joseph purchased a 2017 Honda Civic in 2017. In 2018, he drove 24,000 business miles and 6,000 personal miles, and uses the standard mileage method for tax purposes. In 2018, Joseph made estimated quarterly federal tax payments of $18,000/quarter and estimated quarterly IL state tax payments of $3,000. All the payments were made within calendar 2018. Joseph also contributed $8,000 to his SEP account. Rita bought various supplies for her classroom, but did not closely track expenditures and thus only wants to take the allowed educator expenses deduction. Her teacher's license was also renewed in 2018 for $125. Blake and Amelia are both in day care at the Riley Day Care Center at 1325 Lake Street, Chicago, IL 60612 (EIN 36-2875647). They are only in day care for 9 months of the year (weekly charge of $240.00/week), because Rita does not work during the summer. In addition to the wages and expenses as detailed, the Smiths have the following documented income and expenses: Item Amount Interest income from CDs $1,800 Interest Income from Series EE $4,000 Government Bonds Mortgage Interest on Principal Residence $15,000 Property taxes on Residence $8,000 PMI Insurance Payments $3,000 Cash Charitable Contributions $2,500 Non-Cash Contributions (Used Clothing to Salvation Army) $350 The Smiths itemized deductions in 2017. The federal tax refund was $3,500 and the IL state tax refund was $600. In addition, the Smiths own rental property (a "two flat" in Chicago) which they have rented out for the entire year. Total rental income was $30,000. Rental property related expenses were as follows: Item Amount Mortgage Interest on Rental Property $13,000 Property Tax $9,000 Repairs on Rental Units $2,6000 Depreciation on Rental Units (using SL Depreciation) $3,500 Utilities $3,000 Landscaping $500
In: Accounting
Complete the depreciation schedules. Show all formulas and work. All information is provided but may not neccessarily be needed to comeplete the schedules.
| You have been asked to make some recommendations to a company regarding financing for an upcoming major expansion. The company has been very successful but they will need a major inflow of cash to purchase the fixed assets they need for the expansion and hire additional employees. They believe they will need at least $1,500,000 and have asked for your recommendations as to how they should obtain the necessary funds. They have also asked for depreciation schedules for the new assets they plan to purchase. Assume the split between Current Assets and Long Term Assets is 20% current and 80% long term. |
| NFT Consulting and Sales Inc | |||
| Post Closing Trial Balance | |||
| October 31, 2018 | |||
| Cash | $ 304,900 | ||
| Accounts Receivable | 76,580 | ||
| Allowance for Uncollectible Accounts | $ 5,690 | ||
| Supplies | 56,500 | ||
| Inventory | 68,596 | ||
| Prepaid Insurance | 57,890 | ||
| Land | 260,000 | ||
| Building | 550,000 | ||
| Accumulated Depr – Building | 25,650 | ||
| Office Equipment | 856,850 | ||
| Accumulated Depr – Office Equip | 22,500 | ||
| Computer Equipment | 556,500 | ||
| Accumulated Depr - Computer Equip | 10,250 | ||
| Accounts Payable | 56,560 | ||
| Utilities Payable | 16,850 | ||
| Wages Payable | 58,950 | ||
| Interest Payable | 25,000 | ||
| Long term Note Payable | 390,000 | ||
| Mortgage Payable | 406,800 | ||
| Common Stock ($1 par, 1,000,000, | 400,000 | ||
| shares authorized, 400,000 issued | |||
| and outstanding) | |||
| Retained Earnings | 1,369,566 | ||
| $ 2,787,816 | $ 2,787,816 | ||
| PLANNED ASSET ACQUISITIONS | ||||||
| Reminder that the company’s fiscal year is November 1 through October 31. | ||||||
| Asset | Cost | Useful life | Salvage Value | Depreciation Method | Purchase Date | |
| Land | 100,000 | N/A | N/A | N/A | 1-Nov-18 | |
| Building | 465,500 | 30 | 15,500 | Straight line | 1-Nov-18 | |
| Office Equipment | 150,500 | 4 | 10,500 | Straight line | 1-Apr-19 | |
| Delivery Equipment | 200,000 | 6 | 20,000 | production | 1-May-19 | |
| Additional information related to the $200,000 delivery equipment purchase: It is ESTIMATED that the equipment will be ABLE TO DRIVE 150,000 total miles over its lifetime. To complete the depreciation schedule, PRESUME that the actual miles driven for its useful life are as indicated below. Also, round depreciation expense per unit to the nearest cent and depreciation expense to the nearest dollar. | ||||||
| Year 1 | 12,560 | |||||
| Year 2 | 32,560 | |||||
| Year 3 | 31,650 | |||||
| Year 4 | 29,850 | |||||
| Year 5 | 26,500 | |||||
| Year 6 | 22,350 | |||||
| 155,470 | ||||||
| Building Depreciation Schedule | |||||||
| Depreciation for the Year | |||||||
| Asset | Dep'ble | Depreciation | Accumulated | Book | |||
| Date | Cost | basis | Rate | Expense | Depreciation | Value | |
| 11/1/2018 | |||||||
| 10/31/2019 | |||||||
| 10/31/2020 | |||||||
| 10/31/2021 | |||||||
| 10/31/2022 | |||||||
| Office Equipment Depreciation Schedule | |||||||
| Depreciation for the Year | |||||||
| Asset | Dep'ble | Depreciation | Accumulated | Book | |||
| Date | Cost | basis | Rate | Expense | Depreciation | Value | |
| 4/1/2019 | |||||||
| 10/31/2019 | |||||||
| 10/31/2020 | |||||||
| 10/31/2021 | |||||||
| 10/31/2022 | |||||||
| 10/31/2023 | |||||||
| Delivery Equipment Depreciation Schedule | |||||||
| Depreciation for the Year | |||||||
| Depreciation | |||||||
| Asset | per unit | Units of | Depreciation | Accumulated | Book | ||
| Date | Cost | Production | Expense | Depreciation | Value | ||
| 5/1/2019 | |||||||
| 10/31/2019 | |||||||
| 10/31/2020 | |||||||
| 10/31/2021 | |||||||
| 10/31/2022 | |||||||
| 10/31/2023 | |||||||
| 10/31/2024 | |||||||
In: Accounting
Company A is a construction company and is a new audit client of your firm. It has never been audited but a different accounting firm performed a review engagement for y/e 31 Dec 2016. Your firm is auditing A’s financial statements for y/e 31 Dec 2017.
Company A is privately owned by the Jones family in Country X, using the X$ currency. The president, VP, secretary/treasurer, controller and various levels of managers are all family members.
All management employees who must travel to job sites (including 9 family members) are assigned company-owned cars for their personal use. The company has a total of 80 company cars. Employees have access to these cars at all times, and the cars do not need to be returned to the company parking yard except for periodic servicing.
The company also owns vans and trucks that are used by various company employees to transport equipment, supplies, labour, and material to and from job sites. These vehicles are stored at the company facilities when not in use and are never available for personal use.
The company also has a number of special-use heavy vehicles that are used at job sites and stored at the job site or in the parking yard of the company.
As part of the 2017 audit, you have been assigned the task of auditing fuel expense. The general ledger fuel expense account shows X$317,224. According to the client, the 2016 figure was X$375,542.
Your audit manager has asked you to perform some form of analytical procedure on fuel expense. Company A’s staff has gathered the following information for you:
|
Type of Vehicle |
No. |
Fuel Usage (miles per gallon) |
Miles or Usage |
|
Small cars |
60 |
20 mpg |
21,000/each |
|
Large cars |
20 |
10 mpg |
25,000/each |
|
Pickup trucks |
45 |
8 mpg |
19,000/each |
|
V ans |
35 |
7 mpg |
9,500/each |
|
Flatbed trucks |
6 |
4 mpg |
6,500/each |
|
Dump trucks |
5 |
3 mpg |
7,300/each |
|
Loaders |
3 |
3 gallon/hr |
Unknown** |
|
Bulldozers |
4 |
6 gallon/hr |
Unknown** |
|
Graders |
2 |
5 gallon/hr |
69 person-days* |
|
Scrapers |
1 |
6 gallon/hr |
80 person-days* |
Other information:
Cars and pickup trucks run on petrol, which has averaged
$3.05/gallon during 2017. All other vehicles use diesel. You have
determined the typical diesel price increases during 2017 as
below.
* 1 person-day = 8 hours
** According to the construction foreman, these are in continual
usage every day a job is in progress. The company has been
extremely busy but crews do not work overtime or weekends
|
Date |
Price of diesel per gallon in X$ |
|
1/Jan/17 |
2.90 |
|
1/Mar/17 |
2.94 |
|
1/Jun/17 |
2.99 |
|
1/Nov/17 |
3.05 |
Required:
1. What is (are) the primary management assertion(s) related to fuel expense in this case?
2. What is your team’s $ value estimate for Company A’s fuel expense for 2017?
3. What is your conclusion – is the client’s fuel expense misstated (over/under-stated)? Why/why
not? Do you recommend a correcting journal entry be put through?
4. What further information would you need to assist you in arriving at a conclusion for
Requirement 2?
In: Accounting
Iterative Linear Search, Recursive Binary Search, and Recursive Selection Sort
I need it in Java with comments and I need the input file to be placed with Scanner not BufferedReader Please help I need Class River Class CTRiver and Class Driver
Class River describes river’s name and its length in miles. It provides accessor methods (getters) for both variables, toString() method that returns String representation of the river, and method isLong() that returns true if river is above 30 miles long and returns false otherwise.
Class CTRivers describes collection of CT rivers. It has no data, and it provides the following service methods. None of the methods prints anything, except method printLongRiversRec, which prints all long rivers. Input parameter n in all methods is number of occupied elements in the list.
// Prints all long rivers in the list. Print them in same order as they were in the list . List can be
// empy or not.
// Returns index for the river object with given name. Returns -1 for unsuccessful search. List can
// be empy or not.
// Returns ArrayList of rivers with length between min and max inclusive. If no such river was found,
// method returns an empty Arraylist<River>. List can be empy or not.
// Sorts list of rivers by comparing them by names. Apply selection sort recursively. List of rivers can be
// empy or nonempty. Empty list and list with one river only are sorted. Lists with two or more rivers are
// sorted by swapping last river in the list with river object that has name that is last in lexicographic order // in the array, and after that recursively sorting sublist of first n-1 rivers.
// PRECONDITION: Method assumes that input list is sorted by names. First and last are indices of the first
// and last river of the current sublist. Method returns index of river object with given name or returns -1
// if none of the rivers has that name. List of rivers can be empy or not.
The three methods highlighted in yellow must be implemented recursively.
File “input.txt”
Naugatuck 40
Pawcatuck 34
Quinebaug 69
Shepaug 26
Connecticut 407
Still 25
Quinnipiac 46
Housatoic 139
Class Driver has main method in it. Read data from the input file "input.txt" into an array of River objects, named riverList, and keep track of number of rivers stored in variable counter. Array riverList has capacity 100. Input file should be as shown. Program should work for any input file with up to 100 rivers in it.
Must print appropriate explanation in English of all steps performed in outcome.
SUBMIT:
In: Computer Science
Suppose we wish to build a multiple regression model to predict the cost of rent (dollars) in a city based on population (thousands of people), and income (thousands of dollars). Use the alpha level of 0.05.
A. Is the whole regression model effective in predicting the cost of rent? Use alpha of 0.1. Make sure to show which values you use to make the decision.
B. Write down the multiple regression equation using actual names of IVs and DVs.
C. What is the value of the estimated intercept? Interpret the value in terms of rent (dollars) based on population (thousands of people), and income (thousands of dollars).
D. What is the values of the estimated slope for the variable “Income”? Interpret the value in terms of actual names of IVs and the DV.
E. What is the values of the estimated slope for the variable “Population”? Interpret the value in terms of actual names of IVs and the DV.
F. Does Income significantly influence the Rent at the alpha level of 0.01? Make sure to show which values you use to make the decision.
G. Does Population significantly influence the Rent at the alpha level of 0.01? Make sure to show which values you use to make the decision.
Data:
| City | Monthly Rent ($) | 2018 Population (Thousands) | 2010 Median Income (Thousands of Dollars) |
| Denver, CO | 998 | 586.158 | 45.438 |
| Birmingham, AL | 711 | 212.237 | 301.704 |
| San Diego, CA | 1414 | 1307.402 | 61.962 |
| Gainesville, FL | 741 | 124.354 | 28.653 |
| Winston-Salem, NC | 750 | 239.617 | 41.979 |
| Memphis, TN | 819 | 646.889 | 36.535 |
| Austin, TX | 900 | 790.39 | 51.236 |
| Seattle, WA | 1219 | 618.66 | 58.99 |
| Richmond, VA | 735 | 204.214 | 37.735 |
| Charleston, SC | 812 | 120.083 | 47.799 |
| College Park, MD | 1407 | 30.413 | 66.9 |
| Savannah, GA | 789 | 136.286 | 32.778 |
| Minneapolis, MN | 988 | 394.578 | 45.625 |
| Detroit, MI | 650 | 713.777 | 29.447 |
| Baton Rouge, LA | 827 | 229.493 | 35.436 |
In: Statistics and Probability
Be sure to 1) give the null and alternative hypotheses, 2) label which hypothesis is the claim, 3) Identify whether the test is left-tailed, right-tailed, or two-tailed, 4) name the test being used, 5) find the P-value for the sample, 6) state whether you reject or fail to reject the null hypothesis, and 7) give the conclusion in the context of the problem.
3. A student at South Plains College claims that the average cost of textbook is more than $75 dollars. Test this student’s claim using a 0.05 level of significance. A random sample of 15 textbooks had an average price of $78.15 and a standard deviation of $8.80. (9 pts)
4. The health of the bear population in Yellowstone National Park is monitored by periodic measurements taken from anesthetized bears. A sample of 54 bears has a mean weight of 182.9 lbs and it has previously been found that the population standard deviation of bear weights is 81.8 lb. Use a 0.10 level of significance to test the claim that the population mean of all such bear weights is less than 200 lb. (9 pts)
5. It has been believed that one in four Americans (25%) relies on unconventional medicine. Test this claim using a 0.01 level of significance if a recent study reported in the New England Journal of Medicine found that in a random sample of 1,539 adults, 428 of them used some form of unconventional medicine. (9 pts)
6. A medical researcher wishes to see whether the pulse rates of smokers are higher than the pulse rate of nonsmokers. Samples of 100 smokers and 100 nonsmokers are selected. The results are shown below. Using a level of significance of 0.05, test the claim that smokers have higher pulse rates than nonsmokers. (9 pts) Also, find the 90% confidence interval for the differences of the means. (3 pts)
Smokers Nonsmoker
x1 = 90 x2 = 88
s1 = 5 s2 = 6
n1 = 100 n2 = 100
In: Statistics and Probability
The following table shows age distribution and location of a random sample of 166 buffalo in a national park.
| Age | Lamar District | Nez Perce District | Firehole District | Row Total |
| Calf | 12 | 11 | 18 | 41 |
| Yearling | 10 | 14 | 9 | 33 |
| Adult | 38 | 31 | 23 | 92 |
| Column Total | 60 | 56 | 50 | 166 |
Use a chi-square test to determine if age distribution and location are independent at the 0.05 level of significance.
(a) What is the level of significance?
State the null and alternate hypotheses.
H0: Age distribution and location are
independent.
H1: Age distribution and location are not
independent.H0: Age distribution and location
are not independent.
H1: Age distribution and location are
independent. H0: Age
distribution and location are not independent.
H1: Age distribution and location are not
independent.H0: Age distribution and location
are independent.
H1: Age distribution and location are
independent.
(b) Find the value of the chi-square statistic for the sample.
(Round the expected frequencies to at least three decimal places.
Round the test statistic to three decimal places.)
Are all the expected frequencies greater than 5?
YesNo
What sampling distribution will you use?
uniformbinomial Student's tnormalchi-square
What are the degrees of freedom?
(c) Find or estimate the P-value of the sample test
statistic. (Round your answer to three decimal places.)
(d) Based on your answers in parts (a) to (c), will you reject or
fail to reject the null hypothesis of independence?
Since the P-value > ?, we fail to reject the null hypothesis.Since the P-value > ?, we reject the null hypothesis. Since the P-value ? ?, we reject the null hypothesis.Since the P-value ? ?, we fail to reject the null hypothesis.
(e) Interpret your conclusion in the context of the
application.
At the 5% level of significance, there is sufficient evidence to conclude that age distribution and location are not independent.At the 5% level of significance, there is insufficient evidence to conclude that age distribution and location are not
In: Statistics and Probability