explain the concept of diversity as it describes the American people, the impact of a more diverse population in the United States as it relates to community health efforts, and the importance of the 1985 landmark report The Secretary’s Task Force Report on Black and Minority Health. Why is this important for you to know in your prospective career field?

3) On July 15th, 2013, $800 was invested in an account paying 10% compounded semiannually. Then on July 15, 2017 the money was reinvested in an account paying 8% compounded daily. Determine the balance on October 20, 2017 using the Banker's Rule.

Volkswagen in Russia In the mid-2000s, Volkswagen announced that it would invest directly in automobile production in Russia. The decision to invest was driven by a number of factors. Russia’s economy was growing rapidly at the time and living standards were rising, while the level of car ownership per capita was still low by European standards. This suggested that demand for cars would grow rapidly going forward. Indeed, forecasts predicted that by 2020, Russia would surpass Germany to become the largest car market in Europe. Moreover, Volkswagen’s global rivals, including most notably Toyota, General Motors, and Ford, were also investing in production facilities in Russia, so Volkswagen felt that it had to make direct investments in order to avoid being preempted by its rivals. The Russian government also createdPage 238 incentives for carmakers to invest directly in Russian production facilities, allowing them to avoid import tariffs and a punitive tax on imports of parts if they produced at least 25,000 cars in the country. In 2011, the government announced that it would keep tariffs on imported components at 0.3 percent if a foreign automaker built at least 300,000 in the country by 2020 and produced 60 percent of the value of the car locally. Spurred on by such incentives, in 2007 Volkswagen opened a plant in Kaluga, 160 miles southwest of Moscow, to build some of its VW and Skoda car brands. The plant was projected to have a peak capacity of 150,000 units a year and employ 3,000 people. Initially all vehicles at the plant were assembled from semi-knocked-down kits imported from Germany. In October 2009, however, the plant launched full-scale production, including welding and painting of vehicles. In October 2011, Volkswagen announced that, together with a local partner, GAZ Group, it would open a second plant near St. Petersburg, as it strove to reach the 300,000 units of local production by 2020. In 2013, Volkswagen made an additional investment in Kaluga when it pledged 300 million euros to build an engine plant near to its assembly operation. The engine plant opened in September 2015. All told, by this point Volkswagen had invested over $1 billion in production in Russia. General Motors and Toyota had also announced investments of over $1 billion to boost Russian production up to 300,000 units by 2020, and Fiat had indicated that it would make investments to bring its Russian production up to 300,000 as well. In total, foreign carmakers had invested over $5 billion in Russian assembly operations by 2014. Meanwhile, analysts continued to predict that the Russian car market would grow at a healthy pace and exceed that of Germany by 2020. In 2014, however, the market took a sharp turn for the worse. Russia is a major oil producer. Since the mid-2000s, much of the country’s economic growth had been powered by high oil prices. In the second half of 2014, however, global oil prices started to fall rapidly as increased production in America and weak demand in China conspired to create a global glut of oil. By early 2016, oil prices had fallen 80 percent from their peak. To make matters worse, following hard on the heals of its hostile takeover of the Crimea region from Ukraine, Russia had become embroiled in a smoldering civil war in eastern Ukraine. Western nations responded to what they perceived as Russian aggression by imposing sanctions on Russia. Hit by these twin blows, the Russian economy weakened significantly in 2014 and 2015, and the ruble declined precipitously, losing 50 percent of its value against the U.S. dollar. Suddenly the bright hopes that foreign automakers had for the Russian market seemed to be tarnished. Faced with falling demand, Volkswagen cut production at its Kaluga plant to 120,000 vehicles from a planned 150,000. With the new engine plant scheduled to come on line and no resolution to Russia’s economic crisis insight, Volkswagen’s excess capacity problem may get worse. Looking forward, Volkswagen has to decide whether to keep investing in Russia in order to hit the magic 300,000 local output figure by 2020 or to pull back from a market whose future suddenly looks highly uncertain. At this point, it looks as if Volkswagen is staying the course. In late 2015, a Volkswagen board member noted that “We need to continue to strengthen our partnership (in Russia) despite the current situation”.* Sources: Sarah Sloat, “Volkswagen to Halt Production at Russian Plant for 10 Days,” The Wall Street Journal, September 7, 2014; Clare Nuttall, “Foreign Car Firms Invest Heavily in Russia,” The Telegraph, April 28, 2011; Staff reporter, “Volkswagen Russia Shows the Way,” Automotive Supply Chain, July 2, 2013; Staff reporter, “Volkswagen Slashes Car Production at Russian Plat,” Reuters, September 7, 2014.

Question: Volkswagen has signaled that it is going to stay the course in Russia, despite current political and economic headwinds. Why do you think it made this decision? What are the pros and cons of this decision?

Martha has been an employee at ABC Global for a total of 8 years. She has consistently been recognized for her solid work and creativity and has been twice promoted. Most recently, Martha received the Impact Award which is the highest recognition that the company bestows and also comes with a $2000 bonus. As a high-ranking American-born female of Nigerian descent, she has been an example to many in the organization in how hard-work & honesty can be rewarded.

Over the last several years, Martha's faith has become more important to her. As such, she silently reads the Bible only on her breaks and at lunch. A week ago, an employee named Drew complained that he was "offended" because he saw Martha reading her Bible. Drew has been with the company 10 years and has also been recognized for good performance. A factor that could be considered is that last year, Drew, Martha and a third employee competed for a promotion of which Martha received. In addition, Drew previously expressed a concern about a co-worker wearing a Sikh turban.

The owners of ABC Global are strongly opposed to any religious persecution and have taken a stance of accommodating all faith-based views whether they be Christian, Jewish, Muslim, Hindu etc. As a result, an informal survey of the organization has shown several employees reading the Torah, the Quran and other books.

Focusing strictly on the legality and ethical issue, as an ABC Global leader, how would you address the situation with Drew?

please use one or more citation, Minimum response 250 words

Martha has been an employee at ABC Global for a total of 8 years. She has consistently been recognized for her solid work and creativity and has been twice promoted. Most recently, Martha received the Impact Award which is the highest recognition that the company bestows and also comes with a $2000 bonus. As a high-ranking American-born female of Nigerian descent, she has been an example to many in the organization in how hard-work & honesty can be rewarded.

Over the last several years, Martha's faith has become more important to her. As such, she silently reads the Bible only on her breaks and at lunch. A week ago, an employee named Drew complained that he was "offended" because he saw Martha reading her Bible. Drew has been with the company 10 years and has also been recognized for good performance. A factor that could be considered is that last year, Drew, Martha and a third employee competed for a promotion of which Martha received. In addition, Drew previously expressed a concern about a co-worker wearing a Sikh turban.

The owners of ABC Global are strongly opposed to any religious persecution and have taken a stance of accommodating all faith-based views whether they be Christian, Jewish, Muslim, Hindu etc. As a result, an informal survey of the organization has shown several employees reading the Torah, the Quran and other books.

Focusing strictly on the legality and ethical issue, as an ABC Global leader, how would you address the situation with Drew?

please respond using one or more citations minimum 250 words

PLEASEEEEEEE ANSWER IT ALL PLEASEEEE!!!!

Differentiate the following;
1. Relevance vs. faithful representation
2. Predictive Value vs. confirmatory value
3. Neutrality vs free from error
4. Comparability vs Verifiability
5. Timeliness vs understandability

Enumerate the Following;
1. Fundamental Characteristics
a)
b)

2. Components/Aspects to Fundamental Characteristics
a)
b)
c)
d)
e)
f)

3. Enhancing Characteristics
a)
b)
c)
d)

Enumerate the Major steps in Accounting Cycle
a)
b)
c)
d)
e)
f)
g)
h)
i)

Enumerate the different kinds of Source Documents
1.
2.
3.
4.
5.
6.
7.

Differentiate Accountable and Non-Accountable events

Differentiate General Journal vs General Ledger

Identification
1. Means that the information must possess predictive and/or confirmatory value,
typically both. _________________
2. It is the ability of the accounting data to predict or forecast values for decision
making. ______________
3. Implies that different knowledgeable and independent measures would reach
consensus. ____________
4. There are no errors or omissions in the description of the amount of the process used
to report the amount._________________________
5. Exists when there is agreement between measure or description and the
phenomenon it purports to represent. _______________________________________
6. Depends on a company’s particular situation and is based on the nature or magnitude
of the item that is being reported. _________________________________.
7. Ability to confirm or change the values that were predicted.
________________________
8. Can be achieved if uniform standard or process is being followed all through the years
of the company to compare the accounts being measured with such.
_____________________________
9. Users must be able to comprehend the information within the context of the decision
being made. _____________________
10. Information is available to users early enough to allow them to use it for their
decision making. __________________________________________
11. Includes ALL the information necessary for faithful representation of the economic
phenomena that it purports to represent. ____________________________
12. A financial accounting standard, states that process is free from bias.
13. Process that includes identifying, collecting and analyzing documents and
transactions, recording the transactions on the journals, posting the journalized
amounts to accounts in the general and subsidiary ledgers.
_____________________________
14. Are transactions that transpired in a given accounting period wherein such have
affected the assets, liabilities or the equity of the business.
_____________________________
15. Are events that though transpired in the ordinary course of doing business, such
cannot affect the assets, liabilities or equity at that given date.
__________________________
16. Important to bookkeeping and accounting process because they serve as physical
evidence that a financial transaction actually occurred.
____________________________
17. These are documents listing goods or services provided, as well as their prices.
___________________
18. These are documents confirming that cash or goods have been received.
____________________
19. A document issued by the seller of goods or services to the buyer, reducing the
amount that the buyer owes to the seller under the terms of an earlier invoice.
___________________________
20. Those receipts that are machine validated and are issued to buyers.
__________________________
21. Is a specialized accounting journal and it is referred to as the main entry book used in
accounting system tokeep track of the sales of items when cash is received.
___________________________________
22. Is a specialized accounting and it is also a prime entry which is used in an accounting
system to keep track of the orders of items placed using accounts payable.
__________________________________
23. A specialized accounting journal to keep up the sale of items that customers have
purchased on account._______________________________
24. Is a set of numbered accounts a business uses to keep track of its financial transactions to prepare financialreports. It summarizes each type of assets, liabilities,
equity, revenue and expenses.___________________________
25. A record kept by internal accountants to all financial expenditures made by the
company._________________________

Match the qualitative characteristics below with the following statements.

1. Relevance
2. Faithful representation
3. Predictive value
4. Confirmatory value
5. Comparability
6. Completeness
7. Neutrality
8. Timeliness

(a) Quality of information that permits users to identify similarities in and differences between
two sets of economic phenomena.
(b) Having information available to users before it loses its capacity to influence decisions.
(c) Information about an economic phenomenon that has value as an input to the processes used
by capital providers to form their own expectations about the future.
(d) Information that is capable of making a difference in the decisions of users in their capacity
as capital providers.
(e) Absence of bias intended to attain a predetermined result or to induce a particular behavior.

Match the qualitative characteristics below with the following statements.

1. Timeliness
2. Completeness
3. Free from error
4. Understandability
5. Faithful representation
6 Relevance
7. Neutrality
8. Confirmatory value

(a) Quality of information that assures users that information represents the economic
phenomena that it purports to represent.
(b) Information about an economic phenomenon that changes past or present expectations
based on previous evaluations.
(c) The extent to which information is accurate in representing the economic substance of a
transaction. (d) Includes all the information that is necessary for a faithful representation of the
economic phenomena that it purports to represent.
(e) Quality of information that allows users to comprehend its meaning.
(Qualitative Characteristics) Accounting information provides useful information about business
transactions and events. Those who provide and use financial reports must often select and
evaluate accounting alternatives. The Conceptual Framework examines the characteristics of
accounting information that make it useful for decision-making. It also points out that various limitations inherent in the measurement and reporting process may necessitate trade-offs or
sacrifices among the characteristics of useful information.

Instructions Discuss the propriety of timing the recognition of revenue in Piper Publishing
Company’s accounts with respect to the following. (a) The cash sale of the magazine subscription.
(b) The publication of the magazine every month. (c) Both events, by recognizing a portion of the
revenue with the cash sale of the magazine subscription and a portion of the revenue with the
publication of the magazine every month.

(Qualitative Characteristics) Accounting information provides useful information about business
transactions and events. Those who provide and use financial reports must often select and
evaluate accounting alternatives. The Conceptual Framework examines the characteristics of
accounting information that make it useful for decision-making. It also points out that various
limitations inherent in the measurement and reporting process may necessitate trade-offs or
sacrifices among the characteristics of useful information.

Instructions

(a) Describe briefly the following characteristics of useful accounting information.
(1) Relevance. (4) Comparability (consistency).
(2) Faithful representation. (5) Neutrality.
(3) Understandability.

(b) For each of the following pairs of information characteristics, give an example of a situation
in which one of the characteristics may be sacrificed in return for a gain in the other.
(1) Relevance and faithful representation. (3) Comparability and consistency.
(2) Relevance and consistency. (4) Relevance and understandability.
(c) What criterion should be used to evaluate trade-offs between information
characteristics?Recorded in the general journal.

1.Co-payments, as opposed to deductibles, and coverage only or primarily from a restricted network of health care providers is commonly associated with

2. Auto and homeowner's insurance generally provide complete payments for the losses they decide, after the _________ is met by the policyholder.

a.

co-payment

b.

co-insurance

c.

mutual fund payment

d.

entry fee

e.

deductible

3. The Principle of Indemnity states that insurance coverage

a.

should not be renewed after an adverse event occurs.

b.

should not be renewed at the same premium after an adverse event occurs.

c.

should be equal at all times to 80% of the loss or expense.

d.

should not be less than 100% of the loss or expense.

e.

should not be greater than 100% of the loss or expense.

Note: The following information is common to the two Pwasato Co. questions.

An analyst is in the process of estimating the market value of Pwasato Co. Based on his analysis of the company’s financials, he estimates the company’s free cash flow for the current year to be $90.50 million. Since Pwasato Co. has just launched a well-received product, the analyst believes that the company’s FCFs will increase by 30% per year for the next 3 years. After the third year, he expects the company’s FCF growth rate to decline steadily until it stabilizes at 3% per year 7 years later. The company’s WACC is 16%.

Question: What is the company’s horizon value? Report your answer in millions of dollars to two decimal places. Do not round numbers in intermediate steps.

Question: What is the company’s value of operations? Report your answer in millions of dollars to two decimal places. Do not round numbers in intermediate steps.

Co. is considering purchasing a piece of equipment costing $300,000. It has a useful life of 3 years and will be depreciated straight-line to zero, after which it will be scrapped for $20,000. This piece of equipment will save Teer Co. $125,000 per year in pretax operating costs during its useful life but requires an initial investment in NWC of $50,000. Teer Co. has a 20% tax rate and a required rate of return of 10%.

What is the annual Operating Cash Flow (OCF) of this piece of equipment in Years 1-3?

A.) 170k

B.) 149k

C.) 98k

D.) 120k

What is the Year 3 IATCF (Investment After-Tax Cash Flow)? Hint: You need to account for the after-tax salvage value and for net working capital.

A.) 142k

B.) 186k

C.) 171k

D.) 204k

What is the NPV of purchasing this piece of equipment?

A.)-$1991

B.)$2874

C.)$4096

D.) -$3984