Olin Packett is a CGA-CPA and has been employed for over 5 years by a Canadian private corporation and recently promoted to a management position. He works in their Victoria, BC office. For 2017, his gross salary was $120,000. While he does not receive commissions, he was awarded a bonus of $10,000 for 2017 based on the performance of the business. One-half of this was paid in February 2018, with the balance paid in March 2018. The following amounts were withheld from his gross salary in 2017: Federal Income Tax $25,000 Employment Insurance Premiums 955 Canada Pension Plan Contributions 2,544 Registered Pension Plan Contributions 5,000 Charitable contributions (Centraide) 1,000 Other Information: 1. During 2017, Olin was provided with an automobile that the corporation bought at a cost of $75,300, including all taxes. The total operating costs of the car were $4,200 for the year and they were all paid by the corporation. The car was available to Olin the entire year, except that he didn't use the car for a 2-month period while he was in hospital due to a sky-diving accident. Olin drove the car a total of 33,000 kms during the year, all but 7,500 kms were employment related (fully documented). Olin reimbursed his employer $1,000 for his personal use of the automobile for the year. 2. During 2014, Olin was granted the option to buy 1,000 shares of his employer's common shares at a price of $31.00 per share. At that time, the shares were worth $33.00 each. On June 1, 2015, Olin exercised his option and acquired 1,000 shares at $31 each. At that time, the shares were worth $37.00 each. Olin sold all the 1,000 shares on May 1, 2017 for proceeds of $45.00 per share. 3. In order to assist Olin in purchasing a new luxury boat, his employer granted him a 3-year, interest-free loan of $175,000. The loan was granted on July 1, 2017. At that time, the interest rate on an open 5-year mortgage was 4.5%. The prescribed interest rate for 2017 was 2% for the period of July to September and 2.5% for the period of October to December 2017. 4. Olin has been a member of his employer’s defined benefits Registered Pension Plan ("RPP") for the last 3 years. For 2017, his employer made a $5,000 matching contribution to the RPP on his behalf. 5. Other disbursements made by Olin during 2017 include the following: Tuition fees for a business management course $1,500 Tuition fees for a sailing course $1,000 Professional dues paid to CPA association $1,600 Premiums paid on life insurance policy $720 Mortgage payments on home $24,000 Olin's employer reimbursed the tuition fees for both the business management and the sailing courses but none of the other costs paid personally by Olin, given his recent promotion to a manager's position. Required: Calculate Olin's net employment income for tax purposes for the year 2017. Explain your answer, including detailed calculations, and provide reasons for omitting items that you have not included in your calculations. Ignore all GST/HST considerations. Assume all applicable elections were made.

The Corona spread dropping us out to our homes has impacts on any aspect on the world. Out of all, education has one of the higher importance. With more than 1,6 billion students around the world more than 80% are out of classes according to World Bank resources. On the other hand, even before the spread, education was in an unpromising situation that, only 53% of the 10 years old students understands what the text they read meant. WB calls this 'Learning poverty'. It is almost same at our country. Turkey is one of the worst countries at PISA tests that qualifies the critical education system at OECD countries. I want to find out some ideas (innovations) that would improve the global education system. Remote education, multiplatform sources, inequity, funds, technology, sharing economy, role of parents, social experience, importance of teachers, digital divide are your keywords.

You throw out the idea of working your way up the bureaucracy for obvious reasons. Instead, you decide to go into elected office. You just got elected to the Indiana State Legislature after serving for the past four years on city council. As a new member you are filled with innovative ideas and want to hit the ground running. You ask a colleague where you can find help drafting legislation on agriculture. They reply “well, if you have an idea, go to LSA to write the actual bill. But before you do that, I would go to the Farm Bureau, the major interest group for agriculture in the state, for any information you may need. We tend to get most of our information from interest groups” Why does this make sense in the context of the Indiana Legislature?

: We will be looking closely at deontology this week, as well as utilitarianism, and we will be discussing the basis of morality. Deontology is just a means of understanding normative morality. You can do this by applying such things as Kantian Absolutism or Divine Command Theory to problems of a moral nature. This week I want you to use the readings for the week to help you create an argument for or against the culture of the N. discussed in Brockmeier's, "The Jesus Stories." What can you say of them as people and of their philosophy? What would be their collective sense of morality? What does Brockmeier hint that it is? **10 or so well-rounded sentences are required for your initial posting**

E7-5 Calculating Ending Inventory and Cost of Goods Sold Under FIFO, LIFO, and Average Cost LO7-2

Penn Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1:

Required:

Compute ending inventory and cost of goods sold for the current year under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 2 decimal places and final answers to nearest whole dollar amount.)

1. Discuss in 2 pages format APA, privacy issues of the internet of things (IoT) facing accounting departments in the U.S, and what policies and/or controls may need to be added/strengthened to protect privacy.

19. Under sum-of-the-years’-digits depreciation . . .

a. the book value remains the same each year.

b. the depreciation rate changes each year.

c. the denominator of the SYD fraction changes each year.

d. all of the above.

20. For assets acquired during the year, the sum-of-the-years’-digits method requires that the same depreciation rate be used . . .

a. for the remaining months of the year of acquisition, then again in the final year of the asset’s estimated life for any months not depreciated in Year 1.

b. for 12 consecutive months, even if that results in the same rate being used in two different calendar years.

c. throughout the life of the asset.

d. until the end of the calendar year, then recomputed for the next calendar year.

21. Company records show that an employee provided with a company car drove it 80% for business and 20% for personal use. The company reports the personal use as income on the employee’s W-2. As a result . . .

a. the company can depreciate 80% of the car’s cost basis.

b. the company cannot depreciate the car.

c. the company can depreciate 100% of the car’s cost basis.

d. the company can depreciate the car without IRS limits on annual depreciation.

22. On which of the following assets can a company take a Sec. 179 deduction?

a. a warehouse

b. a computer

c. a rental apartment building

d. an office building

X Company is planning to stop the production and sale of Product Q, which lost $8,000 last year. If Product Q is dropped, two things will happen in each of the next three years: 1) last year's loss will be avoided, and 2) sales of Product R will be increased, contributing $10,000 to annual profits. In addition, if Product Q is dropped, the company will be able to sell some equipment immediately for $14,000. Assuming a discount rate of 4%, what is the net present value of stopping the production and sale of Product Q?

Client 2: After apprenticing for another candy maker, I started my first candy business at age 18. Unfortunately, my first attempt at starting a business (as well as my second) was a failure. After a rocky start, my third try was more successful – I have just received a fortune from the sale of my caramel business. During my world travels, I discovered new equipment that makes chocolate and decided to buy it. Today, only the wealthy can afford chocolate. With this new technology, I think I can make a chocolate that everyone can afford. In my mid-thirties, I know very little about making chocolate but I am willing to take the time to learn. I want my life to center on inventing new candies, building this new business, and laying out a new community that will be a wonderful place for the people I hire to live. I prefer to leave day-to-day operations of the company—handling production, sales, marketing and distribution—to someone else.

Why does competition between genders roles, individualism, collectivism, and culture exist? I'm having a lot of problems explaining and understanding it.

Implement a function to find a node in a binary search tree. Using the following class and function definition:

class BTNode {
public:
   int item;
   BTNode *left;
   BTNode *right;
   BTNode(int i, BTNode *l=nullptr, BTNode *r=nullptr):item(i),left(l),right(r){}
};

BTNode *root = nullptr;

BTNode* find(int i) {
     // implement
}

If a node with a matching value is found, return a pointer to it. If no match is found, return nullptr.

#include <iostream>

class BTNode {
public:
int item;
BTNode *left;
BTNode *right;
BTNode(int i, BTNode *l=nullptr, BTNode *r=nullptr):item(i),left(l),right(r){}
};

BTNode *root = nullptr;

BTNode *find(int item)
{
return nullptr;
}

int main()
{   
root = new BTNode(10, new BTNode(1), new BTNode(20));

BTNode *t1 = find(10);
if (t1)
std::cout << "Found " << t1->item << std::endl;
else
std::cout << "Should have found 10." << std::endl;

  
BTNode *t2 = find(1);
if (t1)
std::cout << "Found " << t2->item << std::endl;
else
std::cout << "Should have found 1." << std::endl;

BTNode *t3 = find(20);
if (t3)
std::cout << "Found " << t3->item << std::endl;
else
std::cout << "Should have found 20." << std::endl;

BTNode *t4 = find(100);
if (t4)
std::cout << "Should have found 20." << std::endl;   
else
std::cout << "Did not find 100." << std::endl;
  

return 0;
}

How would a typical retailer in Southeast Georgia such as Target or Walmart classify the following inventory items (A, B, C)? Why

1. TP
2. Fresh cut chicken breasts
3. Frozen pizza
4. Hydroxychloroquin (in the pharmacy)
5. Milk
6. Hand sanitizer gel
7. Disinfecting wipes
8. Easter candy
9. Motor oil
10. Watches

Would these classifications change? (Explain: When? Why? How?)

How do these classifications impact the store policies used to manage inventory of these items?

Could you give me an answer as fast as you can? Please..! Thank You!

Learning Objectives: CHAPTER 7

1. Measure and account for the cost of plant assets
2. Distinguish a capital expenditure from an immediate expense
3. Measure and record depreciation on plant assets
4. Analyze the effect of a plant asset disposal
5. Apply GAAP for natural resources and intangible assets
6. Explain the effect of an asset impairment on the financial statements
7. Analyze rate of return on assets
8. Analyze the cash flow impact of long-lived asset transactions

EXAMPLE OF WHAT I'M LOOKING FOR:

One thing I found challenging was the credits and debits concept from chapter two and matching them up, (common stock would be a cash debit and stock credit). Once I got it down it was one of those "why didn't it make sense to me sooner" moments but at the time I didn't understand and would switch things. How I approached the chapter was really to make sure I understood all the terms, ie notes payable, accounts receivable, etc. Being able to understand them without going back to the textbook made the process a bit faster and overall easier. Another thing was really taking advantage of the internet and that if there was something in the textbook I didn't understand, looking it up on Google and going through different websites and tutorials. While going through the problems I made sure to take as thorough notes as I could with information that I knew would help me moving forward, targeting the problems that were difficult for me. Being able to go back and read through something that was written in a way that made the most sense to me as an individual definitely proved helpful. I also Skyped a friend who is currently enrolled in a financial accounting class and we would work through problems together.

Write a class called Person that has two private data members - the person's name and age. It should have an init method that takes two values and uses them to initialize the data members. It should have a get_age method.

Write a separate function (not part of the Person class) called basic_stats that takes as a parameter a list of Person objects and returns a tuple containing the mean, median, and mode of all the ages. To do this, use the mean, median and mode functions in the statistics module. Your basic_stats function should return those three values as a tuple, in the order given above.

For example, it could be used as follows:
p1 = Person("Kyoungmin", 73)
p2 = Person("Mercedes", 24)
p3 = Person("Avanika", 48)
p4 = Person("Marta", 24)
person_list = [p1, p2, p3, p4]
print(basic_stats(person_list)) # should print a tuple of three values
The files must be named: basic_stats.py

leadership: the "great man" traits that make an effective leader, this period range from Circa 450BC to the 1940s.