Questions
. Determine the maximum deduction from AGI for 2019 for each of the fol-lowing taxpayers: a....

. Determine the maximum deduction from AGI for 2019 for each of the fol-lowing taxpayers:
a. Selen is single and has itemized deductions for the year of $12,400. In ad-dition, Selen’s mother lives with her, but she does not claim her mother as a dependent.
b. Amanda and Adam are married. Amanda is 67 years old and is legally blind. Adam is 64 years old. They have itemized deductions of $25,800.
c. Micah and Ilana are married and have two children. In April, they have an argument and Micah leaves Ilana. At year-end, Ilana is unaware of Micah’s whereabouts, and no formal divorce proceedings have been initiated. Ilana’s itemized deductions total $14,000.
d. Constantino is divorced and maintains a home for his 25-year-old daughter, who is a graduate student at a local university and earns $6,800 during the year. His itemized deductions are $12,800.
e. Helen is 69 and a widow. Her 20-year-old grandson, who is a full-time student at the local university, lives with her for the entire year. Her husband, Sam, dies in 2018 at the age of 71. Her itemized deductions are $14,000.
f. Assume the same facts as in part e, except that Sam dies in 2019.

In: Accounting

BUSINESS LAW "Michael Sark operated a logging business as a sole proprietorship. To acquire equipment for...

BUSINESS LAW "Michael Sark operated a logging business as a sole proprietorship. To acquire equipment for the business, Sark and his wife, Paula, borrowed funds from Quality Car & Truck Leasing, Inc. When his business encountered financial difficulties, Sark was unable to pay his creditors, including Quality. The Sarks sold their house (valued at $203,500) to their son, Michael, Jr., for one dollar, but they continued to live in it.

Three months later, Quality obtained a judgment in an Ohio state court against the Sarks for $150,481.85 and then filed a claim to set aside the transfer of the house to Michael, Jr., as a fraudulent conveyance. From a decision in Quality’s favor, the Sarks appealed, arguing that they did not intend to defraud Quality and that they were not actually Quality’s debtors."

Given that Paula jointly borrowed funds from Quality Care & Truck for the benefit of the business, could it be argued that she was a partner of the logging business with her husband Michael? Why or why not?

If you were the attorney advising Michael Sark (we will assume this would have taken place prior to the business encountering financial difficulty), what advice might you have given him about ways in which he could prevent the loss of his family home?

In: Operations Management

Need an academic response to this post of a student I know that the opportunity cost...

Need an academic response to this post of a student

I know that the opportunity cost for getting my degree will pay off. the reason behind this is I see many companies I want to work for are wanting bachelor's degrees. I do think it is smart to make sure you can obtain work experience in the field before you get your degree to make it an easier transition. I also think people need to analyze what the degree is in and is there a future for it. Also looking at is it a good idea to pick a degree in the area I live in. Certain degrees are not as in demand as other jobs in certain areas. Many people also get into a lot of debt for careers that will not pay well. so they struggle to stay afloat with that debt on their head. I think it is important to look at your situation I look at how I have a husband who works and as do I. This helps me be able to survive and still go to school.

This is the topic discussion

Define the opportunity cost of getting your degree by analyzing what steps and economic factors a potential student must make when choosing to pursue an education. Given your answer, is getting a formal college education worth your opportunity costs? Why?

Macreconomics

In: Economics

Write the names of 12 people who have, in some way, shaped who it is that...

Write the names of 12 people who have, in some way, shaped who it is that you have become. These might be from your past or your present, real or fictional, someone whom you may or may not have actually met, someone who affected you in a positive or a negative
way, etc. After each name, write a sentence or two about the way(s) in which the person influenced your identity.
Example:
1. Mother—She instilled a sense of responsibility in me by the way she took care of us as a single parent who…
2. Father—He left the family when I was two years old. As a result, my view of what it means to be a good husband and father is…
3. Bill (best friend in high school)—I am now very cautious about using drugs or alcohol because my friend Bill…
4. Anne Frank—Because of how Anne was treated, I …

Then,  write out a ten-point statement answering the question, “Who am I?” based on the influences of those twelve people.
Example:
“Who am I? I am a person who takes responsibility for…”

In: Psychology

A9 .Q-Sorting is a. distributing the cards from the California Q-Set in organized columns b. taking...

A9 .Q-Sorting is

a. distributing the cards from the California Q-Set in organized columns

b. taking a test where you press the spacebar each time the letter “Q” is in view on the screen

c. writing the letter “Q” as many times as you can in 120 seconds 350,000 times per day

d. choices a and b

B2. Sara, a therapy patient, begins to view her therapist the same way she views her ex-husband, whom she recently divorced. Which of the following terms best describes the process that may impact whether progress is made in Sara’s therapy?

       a. insight.

       b. countertransference

       c. transference

       d. thanatos

B3. The lexical hypothesis states that

a. words do not exist to describe personality

b. we have universal terms to describe individual differences

c. moods are more stable than traits

d. individual differences from culture to culture vary significantly

A3. Freud’s definition of mental health involves what?

        a. problematic attachment relationships between mother and caregiver

        b. one’s balance between love and work pursuits

        c. libido and thanatos

        d. Oedipus and the Electra iceberg fixation regression complex

In: Psychology

What is the code in Rstudio or R? (a) Generate 200 random samples of size n...

What is the code in Rstudio or R?

(a) Generate 200 random samples of size n = 10 from a Poisson distribution with mean λ = 12.

i. Calculate sample means for each sample. Report the first 10 sample means.

ii. Draw a histogram of the sample means (where the y-axis is the density) and fit a density estimate (default density estimator is ok).

iii. What is your finding about the sampling distribution of the sample mean, based on your histogram. Be sure to give the distribution name along with its parameter estimates.

(b) Generate 200 random samples of size n = 50 from a Poisson distribution with mean λ = 12.

i. What distribution is the new set of sample means? State the exact distribution expected from theory (including parameter values), and state the distribution obtained from your samples (including estimated parameter values).

ii. Based on this distribution, construct a 95% confidence interval for the mean λ. Assume σ is known.

(c) Generate 200 random samples of size n = 20 from a Chi-Square distribution with degrees of freedom df = 6.

i. Find the first quantile Q1 from each sample (note: qchisq() gives the quantile from the exact distribution, NOT the sample). Report the first 10 quantiles.

ii. Draw a histogram of the sample Q1’s (where the y-axis is the density) and fit a density estimate (default density estimator is ok).

(d) Generate 200 random samples of size n = 100 from a Chi-Square distribution with degrees of freedom df = 6.

i. Draw a histogram of the sample first quantiles (where the y-axis is the density) and fit a density estimate (default density estimator is ok).

ii. Are there any differences between the distribution from Problem 2(a)ii and 2(b)i? Describe any differences you may see.

In: Statistics and Probability

Fill in the missing data for price (P), total revenue (TR), marginal revenue (MR), total cost...

  1. Fill in the missing data for price (P), total revenue (TR), marginal revenue (MR), total cost (TC), marginal cost (MC), profit (π), and marginal profit (Mπ) in the following table:

Q

P

TR=P×Q

MR=ΔTR/ΔQ

TC

MC=ΔTC/ΔQ

π

Mπ=Δπ/ΔQ

0

$160

$0

0

$0

0

$0

0

1

150

150

150

25

25

125

125

2

140

280

130

55

30

225

100

3

130

390

110

90

35

300

75

4

120

480

90

130

40

350

50

5

110

550

70

175

45

375

25

6

100

600

50

230

55

370

5

7

90

630

30

290

60

340

-30

8

80

640

10

355

                    65

285

-55

9

70

630

-10

430

75

200

-85

10

60

600

-30

525

95

75

-125

Graph the firm’s demand curve and marginal revenue curve.

Graph the firm’s total cost curve, total revenue curve, and total profit curve.

In: Economics

1. Here is the demand for coconuts: P            3               4             5 

1. Here is the demand for coconuts:

P            3               4             5             6            7            8            9             10           11           12           13

QD          1100      1000      900      800      700      600      500        400        300        200        100

And here is supply

P            3            4            5               6          7            8          9            10           11         12          13

QS           100        200        300        400        500        600        700        800        900        1000       1100

Identify the equilibrium price, quantity, consumer and producer surplus and show them on a graph. The graph should be pretty simple here, the main issue is finding the numbers for consumer and producer surplus. Again, let me reiterate: I WANT NUMBERS FOR CONSUMER AND PRODUCER SURPLUS! Furthermore, I want you to do this the way that I do (in other words, calculate it like it's a bunch of rectangles. Don't do the triangle thing that they do in the videos. Also, when doing this keep in mind that the width of these rectangles will not be 1 so be careful. (What is it....? )

2. Which do you think is more elastic: demand for coffee or demand for Starbucks coffee? Show the demand for both. (Make sure to say which one is more elastic, so I know that you know.)

In: Economics

Given the following information for Maynor Company in 2011, calculate the company's ending inventory, cost of...

Given the following information for Maynor Company in 2011, calculate the company's ending inventory, cost of goods sold and gross profit, using the following inventory costing methods, assuming the company uses a periodic inventory system: (Note: The sum of cost of goods sold and ending inventory might not add up due to rounding.)

  2011 Units Unit Cost Total Cost
  Jan 1 Beginning Inventory 14 $ 60 $ 840
  Purchases
  March 28 Purchase 20 66 1,320
  Aug 22 Purchase 24 70 1,680
  Oct 14 Purchase 29 76 2,204





  Goods Available for Sale 87 $ 6,044










  Sales Unit Sales Price Revenue
  May 1 Sales 29 $ 100 $ 2,900
  October 28 Sales 24 100 2,400





  Total Revenue 53 $ 5,300











(a)

Weighted Average

  Ending inventory $   
  Cost of goods sold $   
  Gross profit $   

(b)

FIFO.

  Ending inventory $   
  Cost of goods sold $   
  Gross profit $   

)

LIFO

Ending inventory$     Cost of goods sold$     Gross profit$   


Specific Identification

  Ending inventory $   
  Cost of goods sold $   
  Gross profit $   

)

LIFO

Ending inventory$     Cost of goods sold$     Gross profit$   


Specific Identification

  Ending inventory $   
  Cost of goods sold $   
  Gross profit $   

In: Accounting

1. Here is the demand for coconuts: P            3          4            5    &n

1. Here is the demand for coconuts:

P            3          4            5        6         7          8         9          10         11         12          13

QD          1100      1000      900      800      700      600      500        400        300        200        100

And here is supply

P            3          4         5        6          7        8           9          10     11      12          13

QS           100        200        300        400        500        600        700        800        900        1000       1100

Identify the equilibrium price, quantity, consumer and producer surplus and show them on a graph. The graph should be pretty simple here, the main issue is finding the numbers for consumer and producer surplus. Again, let me reiterate: I WANT NUMBERS FOR CONSUMER AND PRODUCER SURPLUS! Furthermore, I want you to do this the way that I do (in other words, calculate it like it's a bunch of rectangles. Don't do the triangle thing that they do in the videos. Also, when doing this keep in mind that the width of these rectangles will not be 1 so be careful. (What is it? )

2. Which do you think is more elastic: demand for coffee or demand for Starbucks coffee? Show the demand for both. (Make sure to say which one is more elastic, so I know that you know.)

In: Economics