Worksheets are becoming standard fare in early childhood education settings. However, they are not developmentally appropriate. Programs that use them do not understand how children learn. Children learn from real, hands-on, concrete experiences not from a piece of paper that is essentially meaningless to them. Adults may think children are learning from them, but they're not. And the time children spend on worksheets takes time away from meaningful activities.
write a minimum paragraph to parents on why your program is developmentally appropriate and therefore does not use worksheets.

Lone Star Sales & Service acquired a new machine that cost $84,000 in early 2019. The machine is expected to have a five-year useful life and is estimated to have a salvage value of $14,000 at the end of its life. (Round your final answers to the nearest dollar.)

(a.) Using the straight-line depreciation method, calculate the depreciation expense to be recognized in the second year of the machine's life and calculate the accumulated depreciation after the third year of the machine's life.
(b.) Using the double-declining-balance depreciation method, calculate the depreciation expense for the third year of the machine's life and the net book value of the machine at this point in time.

In early March an insurance company portfolio manager has a stock portfolio of $500 million with a portfolio beta of 1.20. The portfolio manager plans on selling the stocks in the portfolio in June to be able to pay out funds to policyholders for annuities, and is worried about a fall in the stock market. In April, the CME Group S&P 500 mini= Futures contract index is 2545 for a June futures contract ($50 multiplier for this contract).

Suppose in June the stock market (S&P500 index) falls by 10% and the S&P500 futures index falls by 10% as well, what is the portfolio manager’s opportunity loss (gain) on his portfolio, and his futures gain (loss) and the net hedging result?

Spot Gain or Loss ________   Futures Gain or Loss _______

Net Hedging Result ___________

A. Judy Dench took up the government offer on the “Special Early Retirement Programme” and received a lump sum payment of J$3.5M. After clearing her mortgage and credit card debts she has J$1.5M remaining. She saw an advertisement recently in the local newspaper where JMMB was offering three investments offer to the public as follow:
Investment Product
Interest Rate
Term
Conditions
Investment A
16%
5 years
Interest is compounded annually. Principal & Interest is paid at the end of the 5 years.
Investment B
13.80%
6 years
Interest is compounded annually. Principal & Interest is paid at the end of the 6 years.
Investment C
11.60%
7 years
Interest is compounded annually. Principal & Interest is paid at the end of the 7 years.
If Judy wants to invest only J$1,000,000; which one of the investment products based on calculations would you recommend her to invest in?
B. John Travolta plans on investing the following cash flows at the beginning of each year:
Year Cash Flow
2019 $30 000
2020 $40 000
2021 $60 000
2022 $90 000
2023 $20 000
How much would John accumulate at the end of 2023 if the interest rate is compounded annually at an interest rate of 9.8%?

1. Describe the sub-prime crisis in early September 2008. What is the role of CDS in the crisis? What made the CDS business special (in terms of collateral requirements) with respect to other insurance business conducted by AIG? Besides AIG, who else also sold (and are selling) CDS?

2. What is systemic risk? How does systemic risk differ from systematic risk? Why may one claim that when AIG was engaged in the CDS business it was underwriting systemic risk? Please answer the question with the discussion on AIG’s collapse.

In the United States during the early 2000's there were a plethora of accounting scandals. Many times, the CEO was the cause of the problem. Congress passed the Sarbanes-Oxley Act in 2002. A large portion of the act was devoted to making CEO's more responsible for control over accounting. How do the actions of CEOs and upper management affect accounting and financial reporting?

Given the following information, you are to determine the following

• Project network.
• Early, late and slack activity times.
• Project duration.
• Critical path

1. It is early 2015, and you are thinking about buying some Greek bonds.
   a. You know that Greek bonds have very risky. Why would you still want to buy them, given that there is a high chance of default and non-payment?
   b. For the following situations, sketch a demand and supply diagram and explain what happens with the 1) price, 2) quantity of bonds sold and 3) the interest rate. Write 1-2 sentences to explain.
   1. There are protests in Greece by the people who work for the government. They

   demand higher salaries, and so the government has to spend more and increase the

   budget deficit.

   2. Greek bonds are now traded on a stock exchange in the US, so you don't have to

      register on a European stock exchange to trade them.

   3. Bad news: apparently, the Greek government lied about some key economic

      indicators, making things look better than they are.

   4. Suddenly there is expectation that the Euro (that Greece uses) will have high

      inflation.

Deciding between traditional and Roth IRAs

Clint Crandall is in his early 30s and is thinking about opening an IRA. He can't decide whether to open a traditional/deductible IRA or a Roth IRA, so he turns to you for help.

To support your explanation, you decide to run some comparative numbers on the two types of accounts; for starters, use a 30-year period to show Clint what contributions of $5,000 per year will amount to (after 30 years) given that he can earn, say, 10% on his money. Round your answers to the nearest dollar.