Questions
Not all taxpayers have health insurance. Is there a potential penalty for not having health insurance...

  1. Not all taxpayers have health insurance.
  1. Is there a potential penalty for not having health insurance coverage in 2019?
  2. Was there a potential penalty for not having health insurance coverage in 2018?
  1. Some taxpayers are entitled to an education credit.
  1. Is any part of an education credit potentially refundable?
  2. Who claims an education credit; the taxpayer or the dependent student?
  1. The highest marginal income tax bracket for 2019 is 37%, yet some taxpayers (individuals) pay an even higher rate.
  1. What is the name of the 3.8% additional tax?
  2. What type of taxpayer pays this additional tax?
  1. Some taxpayers are considered injured spouses.
  1. What is an injured spouse?
  2. What form is filed for an injured spouse?
  1. Some taxpayers may be considered an innocent spouse.
  1. What is an innocent spouse?
  2. What form is filed for an innocent spouse?
  1. There is a doctrine in law known as claim of right.
  1. What causes a claim of right for income taxes?
  2. Will a claim of right result in a refund or additional money owed?
  3. Is the amount from claim of right claimed as a credit or a deduction or is either possible?
  1. The highest marginal income tax bracket for 2019 is 37%, yet some taxpayers (individuals) pay an even higher rate.
  1. What is the name of the 0.9% additional tax?
  2. What type of taxpayer pays this additional tax?

In: Accounting

Cornerstone Exercise 6-25 Effects of Inventory Costing Methods Filimonov Inc. has the following information related to...

  1. Cornerstone Exercise 6-25
    Effects of Inventory Costing Methods

    Filimonov Inc. has the following information related to purchases and sales of one of its inventory items:

    Date Description Units Purchased at Cost Units Sold at Retail
    June 1 Beginning Inventory 200 units @ $10 = $2,000
    9 Purchase 1 300 units @ $12 = $3,600
    14 Sale 1 400 units @ $25
    22 Purchase 2 250 units @ $14 = $3,500
    29 Sale 2 225 units @ $25

    Required:

    1. In a period of rising prices, which inventory costing method produces the highest amount for ending inventory?

    2. In a period of rising prices, which inventory costing method produces the highest net income?

    3. In a period of rising prices, which inventory costing method produces the lowest payment for income taxes?

    4. In a period of rising prices, which inventory method generally produces the most realistic amount for cost of goods sold?

    5. In a period of rising prices, which inventory method generally produces the most realistic amount for inventory?

    6. Would your answer to the previous question change if inventory prices were decreasing during the period?

In: Accounting

Question 1 Which of the following is true about energy band diagrams? Select one: a. Electron...

Question 1

Which of the following is true about energy band diagrams?

Select one:

a. Electron energy increases as you go down in an energy band diagram

b. Hole energy increases as you go up in an energy band diagram

c. Electron energy below Ec and hole energy above Ev is in the form of kinetic energy

d. Both electrons and holes seek the lowest possible energy level

e. All of these

Q2

In a semiconductor “dopant compensation” refers to the fact that some of the dopant atoms with the higher concentration are effectively cancelled out by the dopant atoms with the lower concentration.

Select one:

True

False

Q3

If a semiconductor is transparent to light with a wavelength longer than 0.55um, then what is the band-gap energy of this semiconductor in eV?

Q4

In a semiconductor at room temperature, the valence band is the :

Select one:

a. Highest completely full energy band

b. Lowest nearly empty energy band

c. Highest nearly full energy band

d. None of these

e. Lowest completely empty energy band

Q5

Each silicon atom forms covalent bonds with it’s 5 nearest neighbors, to form what is called the primitive cell.

Select one:

True

False

In: Physics

Complete comparative income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are $2,100, and that the applicable income tax rate is 40%.

 

  
Laker Company reported the following January purchases and sales data for its only product.
  

Date Activities Units Acquired at Cost Units sold at Retail
Jan. 1 Beginning inventory 225 units @ $ 15.00 = $ 3,375              
Jan. 10 Sales                   175 units @ $ 24.00  
Jan. 20 Purchase 180 units @ $ 14.00 =   2,520              
Jan. 25 Sales                   210 units @ $ 24.00  
Jan. 30 Purchase 385 units @ $ 13.00 =   5,005              
    Totals 790 units         $ 10,900   385 units        
 

Required:
1. Complete comparative income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are $2,100, and that the applicable income tax rate is 40%. (Round your average cost per unit to 2 decimal places.)

FORMAT THE CHART PROPERLY !!


2. Which method yields the highest net income?
  

  • FIFO

  • LIFO

  • Weighted average

  • Specific identification



3. Does net income using weighted average fall between that using FIFO and LIFO?

  • No

  • Yes

  

4. If costs were rising instead of falling, which method would yield the highest net income?

  • FIFO

  • Specific identification

  • LIFO

  • Weighted average

In: Accounting

Suppose that in July​ 2013, Nike Inc. had EPS of ​$2.45 and a book value of...

Suppose that in July​ 2013, Nike Inc. had EPS of ​$2.45 and a book value of equity of ​$11.78 per share.

StartFraction Upper P Over Upper E EndFraction

P

E

StartFraction Price Over Book EndFraction

Price

Book

StartFraction Enterprise Value Over Sales EndFraction

Enterprise Value

Sales

StartFraction Enterprise Value Over EBITDA EndFraction

Enterprise Value

EBITDA

Average

29.84

29.84

2.44

2.44

1.12

1.12

9.76

9.76

Maximum

plus

+

136

136​%

plus

+

70

70​%

plus

+

55

55​%

plus

+

86

86​%

Minimum

minus

62

62​%

minus

63

63​%

minus

48

48​%

minus

34

34​%

a. Using the average​ P/E multiple from the table​ above, estimate​ Nike's share price.

b. What range of share prices do you estimate based on the highest and lowest​ P/E multiples in the table​ above?

c. Using the average price to book value multiple in the table​ above, estimate​ Nike's share price.

d. What range of share prices do you estimate based on the highest and lowest​ price-to-book value multiples in the table​ above?

In: Finance

The following information applies to the questions displayed below.] Laker Company reported the following January purchases...

The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 180 units @ $ 10.50 = $ 1,890 Jan. 10 Sales 140 units @ $ 19.50 Jan. 20 Purchase 110 units @ $ 9.50 = 1,045 Jan. 25 Sales 120 units @ $ 19.50 Jan. 30 Purchase 260 units @ $ 9.00 = 2,340 Totals 550 units $ 5,275 260 units For specific identification, ending inventory consists of 290 units, where 260 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Required: 1. Prepare comparative income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are $1,650, and that the applicable income tax rate is 40%. 2. Which method yields the highest net income? 3. Does net income using weighted average fall above, between, or below that using FIFO and LIFO? 4. If costs were rising instead of falling, which method would yield the highest net income?.

In: Accounting

Given the performance of 3 mutual funds and S&P500 over the past 15 years in table...

Given the performance of 3 mutual funds and S&P500 over the past 15 years in table below:

Return and Risk data for 5 equity mutual funds, 15 year period

Mutual Fund

Average Return %

Standard Deviation %

Beta

R 2

1

15.86

22.85

1.46

.64

2

22.09

17.27

1.24

.79

3

18.39

11.82

0.60

.39

S&P 500

16.35

12.44

1.0

1.0

And assuming that expected market return for next year is 16.35 % and current and average of past 15 years risk free rate is 7.96 %, and using a market risk premium of 8.39% (16.35 -7.96) for the 15 year period, estimate:

a. Sharpe ratios of all 3 funds and S&P 500. Which fund has the highest risk adjusted performance according to Sharpe measure? Which of the above funds have beaten the market?
b. Treynor of all 3 funds and S&P 500. Which fund has the highest risk adjusted performance according to Treynor measure? Which of the above funds have beaten the market?
c. Jensen’s alpha for fund 1
d. Which fund is exposed to most nonsystematic risk?

In: Finance

Hello, I am working on an assignment but I am unsure of how to solve it....

Hello, I am working on an assignment but I am unsure of how to solve it. Please help me. The assignment details are below.

Consider this scenario:

Your friend starts a website, nothingbutflags.com, which is not making money. Your friend asks you to help generate more traffic. You ask your friend how much traffic the website had last month? And your friend replies and says only 500 visits. You also ask how many flags did you sell? Your friend replies only 10, from two purchases. So what do you advise your friend?

Know this information, what do you advise your friend?

1)Please submit what you think the highest priority issues is with the scenario laid out?

2)Actions to resolve what you have identified as the highest priority issue.

When advising you friend, consider also advising them on how to be successful in terms of generating website traffic and conversion:

Traffic: Direct, Unpaid referral, Paid referral, Unpaid search traffic, Paid search traffic.

Conversion: Purchase, Lead, Engagement, Account creation, Click-through.

In: Economics

There are three students (Alice, Bill and Roby) applying the scholarships which are evaluated by four...

There are three students (Alice, Bill and Roby) applying the scholarships which are evaluated by four professors. Each professor (P1, P2, P3 and P4) gives a score (between 0 and 10) which is then combined into an overall score for each student.
Here are the scores given by the four professors:
P1 gives 8, 6, 3 to Alice, Bill and Roby, respectively;
P2 gives 7, 6, 3 to Alice, Bill and Roby, respectively;
P3 gives 6, 4, 7 to Alice, Bill and Roby, respectively;
P4 gives 4, 9, 7 to Alice, Bill and Roby, respectively.
(1) If each judge's score has equal importance, which student(s) get(s) the highest overall score based on the arithmetic mean?
(2) If the importance for the four professors P1, P2, P3 and P4 are 0.4, 0.3, 0.2 and 0.1, respectively. Which student(s) get(s) the highest overall weighted score based on the weighted arithmetic mean?
(3) If using Borda count, such that a student awards 3 points for first place, 1 point for second place and 0 points for third place, what are the overall scores for the three students?

In: Statistics and Probability

Laboratory: Enzyme Activity In this laboratory you will examine factors that affect enzyme activity. Catalase is...

Laboratory: Enzyme Activity

In this laboratory you will examine factors that affect enzyme activity.

Catalase is an enzyme found in the liver that breaks down hydrogen peroxide into water and oxygen gas. It catalyzes the following reaction:

H2O2 H2O + O2

You will examine two factors that affect its activity.

Part A: The Effect of Temperature on Enzyme Activity

Graph the volume of oxygen produced against the temperature of the solution.

How is the oxygen production in 30 seconds related to the rate of the reaction?

At what temperature is the rate of reaction the highest? Lowest? Explain.

Why might the enzyme activity decrease at very high temperatures?

Why might a high fever be dangerous to humans?

What is the optimal temperature for enzymes in the human body?

Part B: The Effect of pH on Enzyme Activity

Graph the volume of oxygen produced against the pH of the solution.

At what pH is the rate of reaction the highest? Lowest? Explain.

Why does changing the pH affect the enzyme activity?

Research the enzyme catalase. What is its function in the human body?

What is the optimal pH for the following enzymes found in the human body? Explain. (catalase, lipase (in your stomach), pepsin, salivary amylase)

I would highly appreciate if it was in a text form not handwritten.

Thank you very much.

In: Biology