1. Mark Barton owns a garage and is contemplating purchasing a tire .pdf

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1. Many changes continue to occur in the healthcare industry. Because of increased competition for patients among providers and the need to determine how providers can better serve their clientele, hospital administrators sometimes administer a quality satisfaction survey to their patient after the patient is released. The following types of questions are asked on the satisfaction survey. What is the level of data measurement for these questions? (5) 1. How long ago were you released from the hospital? 2. Which type of unit were you in for most of your stay? __ Coronary Unit __Intensive Care __Maternity Care __Medical Unit __Pediatrics/ children Unit __Surgical Unit 3. In choosing a hospital, how important was the hospital location? (circle one) Very Somewhat Not Very Not at all Important Important Important Important 4. How serious was your condition when you were first admitted to the hospital? __Critical __Serious __Moderate __Minor 5. Rate your doctor: __Excellent __Very good __good __Fair __Poor 2. Which of these types of sampling is used: random, systematic, convenience, stratified, or cluster?(3) a. Exit Polls: On the day of the last presidential election, ABC News organized an exit poll in which specific polling stations were randomly selected and all voters were surveyed as they left the premises. b. Wine Tasting: The author once observed professional wine tasters working at the Consumer Solution convenience,convenience,systematic, stratified, stratified.

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1. Mark Barton owns a garage and is contemplating purchasing a tire retreading machine for
$26,000. After estimating costs and revenues, Mark projects a net cash flow from the retreading
machine of $4,400 annually for 8 years. Mark hopes to earn a return of 8 percent on such
investments.
What is the present value of the retreading operation?
2. Patty Schleis invests $13,567.65 now for a series of $3,300 annual returns beginning one year
from now. Patty will earn a return of 12% on the initial investment.
How many annual payments of $3,300 will Patty receive?
3. If Colleen Mooney invests $2,872.68 now and she will receive $12,000 at the end of 15 years,
what annual rate of interest will Colleen earn on her investment?
4. Joanne Quick made an investment of $22,734.91. From this investment, she will receive
$3,700 annually for the next 10 years starting one year from now. What rate of interest will
Joanne’s investment be earning for her?
5. Arthur Company is considering investing in an annuity contract that will return $31,200
annually at the end of each year for 20 years. What amount should Arthur Company pay for this
investment if it earns a 11% return
Solution
Answer To Question 1
Cash Outflow = 26000
Cash Inflow = 4400 for 8 years
Rate of Return = 8%
Present Value of Cash Inflows = 4400 * PVIFA (8 year, 8%)
= 4400 * 5.7466 = $25285.04
Net Present value of Operation = 25285.04 – 26000 = $- 714.96
Answer To Question 2
Present Value of Investment = 13567.65
Interest = 12% ; Annual Cash Flow = 3300
We know that Cash Flow * PVIFA (n years, 12%) = 13567.65
So, PVIFA (n years, 12%) = 13567.65 / 3300 = 4.1141
From the PVIFA table, 4.1141 can be found when I=12% and n =6 years
Hence Patty will receive 6 cash flows
Answer To Question 3
Present Value of Investment = 2872.68

N = 15 years and Future Value = 12000
(1 + i/100)^15 = 12000/2872.68
(1 + i/100)^15 = 4.17728
Or (1 + i/100) = 4.17728^ (1/15)
Or (1 + i/100) = 1.1
Or I = 0.1 = 10% Hence interest rate is 10%
Answer To Question 4
Present Value of Investment = 22734.91
Annual Cash Flow = 3700 for 10 years
We know that Cash Flow * PVIFA (10 years, i%) = 22734.91
So, PVIFA (10 years, i%) = 22734.91 / 3700 = 6.14457
From the PVIFA table, 6.14457 can be found when I=10% and n = 10 years
Hence interest rate is 10%
Answer To Question 5
Annual Cash Flows = 31200
N = 20 years ; I =11 %
PVIFA ( 20 years , 11%) = 7.9633
Present Value of Investment = 31200 * 7.9633 = $248455
Hence Arthur Should Invest $ 248455 today

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1. During 2012, Duke changed jobs and moved from Dallas to Phoenix. Duke had the following expenses in connection with the move: Cost of moving household goods $4,000 Meals 300 Lodging 500 Duke drove his car the 1,200 miles from Dallas to Phoenix. What is his moving expense deduction for 2012? A: $4,800 B: $800 C: $4,000 D: $4,788 2. An employee drove her automobile 6,000 miles for business during 2015. Using the automatic mileage method, what is her deduction for unreimbursed expenses (before any applicable 2 percent limit)? A: $3,450 from AGI B: $1,380 from AGI C: only deductible to the extent reimbursed by her employer D: $3,360 for AGI 3. Toni is a self-employed consultant and while traveling spends $120 on meals and $200 on transportation and lodging. What is the amount of Toni\'s deduction for these expenditures? A: $160 B: $260 C: $320 D: $278 4. Chad is an employee of Haddock Corporation, a commercial real estate broker. Chad takes a client to dinner and incurs the following expenses (all of which can be substantiated): Taxi $25 Drinks before dinner $40 Meal cost $135 Tips $35 If Chad is reimbursed by Haddock for $235 (under an adequate accounting plan), what is Haddock’s tax deduction for these expenses? A: $130 B: $235 C: $135 D: $205 5. Fran is a CPA who has a small tax practice in her home in addition to working her regular accounting job. The gross income from this practice is $5,500 for the year. Based on square footage, $3,000 of Fran\'s mortgage interest and real estate taxes are allocable to the business. The allocable portion of maintenance, utilities, and depreciation is $3,500. Assuming no other expenses related to the business were incurred, what amount of the maintenance, utilities, and depreciation is deductible by Fran? A: $2,500 B: $3,500 C: $1,750 D: $0 6. Uriah had travel expenses of $1,500 substantiated by credit card receipts. He has a diary that provides the business purpose and relationship for $800 of these expenses. How much will Uriah be allowed as a deduction, before considering any limitation based on adjusted gross income? A: $800 B: $700 C: $1,500 D: a maximum of $25 per day 7. Mike, a staff accountant for a CPA firm, incurred the following expenses: Travel $200 Transportation $500 Dues and subscriptions $300 Mike gave his employer an adequate accounting and received a reimbursement under an accountable plan of $1,000 to cover these expenses. What amount is deductible from adjusted gross income? A:$700 B: $300 C: $60 D: $0 8. Todd purchased his automobile in 2015 for $35,000. It was used 80 percent for business purposes. Todd drove the car for 10,000 business miles in 2015 and elected to use the automatic mileage method to compute his automobile expenses. What is Todd\'s basis in the business portion of the automobile at the beginning of 2016? A:$22,250 B: $29,450 C: $32,700 D: $26,588 9. Kate, a self-employed CPA, attended a two-day course on auditing. She incurred the following expenses: Airfare $500 Ta.

1. During 2012, Duke changed jobs and moved from Dallas to Phoenix. .pdf

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1. During the four quarters for 2015, the Haydens received two quarterly dividend payments per share of $0.15 each, one quarterly payment of $0.26, and one quarterly payment of $0.21. If they owned 200 shares of stock, what was their total dividend income for 2015? Solution Given The Dividends are as follows First Quarter Dividend per share= $ 0.15 Second Quarter Dividend per share= $ 0.15 Third Quarter Dividend per share= $ 0.26 Fourth Quarter Dividend per share= $ 0.21 Total Dividend per share = $ 0.15+ $ 0.15+ $0.26+ $ 0.21 =$0.77 per share No of Shares = 200 Total Dividend received for the Year 2015 = 200*$0.77 = $ 154.

1. During the four quarters for 2015, the Haydens received two quart.pdf

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1. Discuss the potential benefits of membership in two professional organizations you visited. Also, discuss opportunities for education and training, and the certifications offered by both of the professional organizations you visited. 2. Topic 1: Many taxpayers think the tax law is all black and white with no room for gray areas. What do you think? Explain your answer Topic 2: The various tax services provide Internal Revenue Code (IRC) histories for researchers who need them. Why would tax preparers need to review prior years’ tax law? Explain your answer in detail Solution 2. When we move general principal to consider actual tax regulation as they must be drafted , we encounter exactly the opposite kind of problem. Here everything must be absolutely precise. Every receipt must be ruled either taxable or non-taxable;every expenditure either deductible or not. Ther is no room for vagueness..

1. Discuss the potential benefits of membership in two professional .pdf

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1. Discuss briefly the various abstractions from precipitation. 2. Discuss the factors affecting the infiltration capacity of an area. 3. With the help of typical hydrographs describe the salient features of: (a) Perennial, (b) Intermittent, (c) Ephemeral streams. Solution The various abstractions from precipitation can be elaborated as :-a) Evaporation b) Transpiration c) Infiltration d) Surface Detention e) Storage..a) Evaporation:- This can be defined as the process by which water is converted from its liquid form to vapor form and thus transferred from land and water masses to the atmosphere.The various factors affecting Evaporation rate are :- Vapor Pressure,Wind,Temperature,Atmospheric Pressure,Soluble Salts,Heat Storage in water bodies. b) Transpiration :- It can be defined as the process by which water leaves the body of a living plant and reaches the atmosphere as water vapor.The water is taken by the plant root system and escapes through the leaves.The various factors affecting it are:- a) atmospheric vapor pressure,temperature,wind,light intensity and characteristics of the plant such as the root and leaf systems.c) Infiltration:- It can be defined as the flow of water into the ground surface such as rainfall,snowmelt and irrigation into the soil. d) Surface Detention :- It is also called detention storage and can be defined as the part of the rain which remains on the ground surface during rain and either runs off or infiltrates after the rain ends. e) Storage/Groundwater Storage:- It can be defined as the water present below the earth\'s surface in soil pore spaces and in the fractures of rock formations.We can define a unit of rock or an unconsolidated deposit as an aquifer when it can yield a usable quantity of water. 2.Infiltration capacity can be defined as the maximum rate at which a given soil at a given time can absorb water .It is expressed in units of cm/hour and is designated as fp(f subscript p).The various factors affecting infiltration capacity of an area are :- a) Characteristics of the soil (texture,porosity and hydraulic conductivity) b) Condition of the soil surface c) Vegetative cover d) Current moisture content e)Soil temperature. 3.Various streams can be classified as Perennial,Intermittent and Empheral on the basis of the study of annual hydrographs of those. A perennial stream can be defined as the one that always carries some flow in it as shown in the figure.It has considerable amount of groundwater flow throughout the year.In this case, even during the dry seasons,the water table will be above the bed of the stream.Whereas the intermittent stream has limited contribution from the groundwater.In this case during the wet season , the water table is above the stream bed and there is contribution of base flow to the stream flow.But during dry seasons the water table drops to a lower level than that of the stream bed and the stream dries up.However excepting for an occasional storm that can produce a short dur.

1. Discuss briefly the various abstractions from precipitation.2. .pdf

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1. Determine the truth value of the following statement: Paris is a city in France and all prime numbers are divisible by 10. True False 2. Construct a truth table for (~p v q)--> p . Be sure to include all intermediate steps in your table. 3. Fill in the heading of the following truth table using any of p, q, ~, --> , ?, v , and ^ . Use keyboard shortcuts of --> for--> , <--> for ?, V for v , and ^ for ^ . p q _________ T T F T F F F T T F F F 4. Construct a truth table for (q v p) --> ~q. Be sure to include all intermediate steps in your table. 5. Given p is true, q is true, and r is false, find the truth value of the statement ~p--> (q v ~r). Show step by step work. Use keyboard shortcuts of --> for--> , <--> for ?, V for v , and ^ for ^ , if needed. 6. Determine which, if any, of the three statements are equivalent. I) If the carpet is not clean, then Sheila will run the vacuum. II) It is not the case that both the carpet is clean and Sheila will run the vacuum. III) If the carpet is clean, then Sheila will not run the vacuum I, II, and III are equivalent I and II are equivalent I and III are equivalent II and III are equivalent None are equivalent 7. Write the argument below in symbols to determine whether it is valid or invalid. State a reason for your conclusion. Specify the p and q you used. detailed solution to If the gazebo is made of wood, then the vine is growing on the gazebo. The vine is growing on the gazebo. The gazebo is made of wood. 8. Determine which, if any, of the three statements are equivalent. Give a reason for your conclusion. Show complete work. I) If the boat was leaking, then Mary was not seated in the boat. II) If the boat was leaking then Mary was seated in the boat. III) If Mary was not seated in the boat, then the boat was not leaking. a. I, II, and III are equivalent b. I and II are equivalent c. I and III are equivalent d. II and III are equivalent e. None are equivalent 9. Create a Euler diagram to determine whether the syllogism is valid or invalid. All saxophonists have agile fingers. Darren is a saxophonist. Darren has agile fingers. 10. If the argument below is valid, name which of the four valid forms of argument is represented. If it is not valid, name the fallacy that is represented. If the water is filtered, then it does not contain lead. The water does not contain lead. Therefore, the water is filtered. 11. Form the contrapositive: If I eat a lot of sweets, then I will not feel well. If I do not feel well, then I ate a lot of sweets. If I do not eat a lot of sweets, then I will feel well. If I feel well, then I did not eat a lot of sweets. If I do not feel well, then I did not eat a lot of sweets. If I feel well, then I ate a lot of sweets. 12. Write the compound statement in symbols. Let r = The food is good, p = I eat too much, q = I\'ll exercise. If the food is not good, I won\'t eat too much. ~(r--> p) ~r--> ~p r--> ~p ~p --> ~r Solution Answers: 1: Paris is the city in France, but no prime num.

1. Determine the truth value of the following statement Paris is .pdf

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1. Describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency. 2. Describe why cash flows are more important than sales in a business 3. Discuss what could happen if management does not fulfill its financial responsibilities related to the business--dig deeper than just the business will fail. Find an article that highlights a real life example of management making poor financial decisions that affected the business. Solution 1. A manager needs to understand the characteristics and importance of financial markets including risk and efficiency because risk is inseperable from performance. Understanding risk is one of the most important parts of a financial education. We always expect a higher rate of return even if we invest in risky ventures. The investments have a low and negative value in economy and it sometimes creates uncertainity in the financial market. Therefore manager should have understanding about financial markets including risk and efficiency. 2. Csh flows are more important than sales. It gives a picture of the transactions to be classified into Operating Expenses , Investing Activities and Financing Activities. It maintains Company\'s Financial Stability. 3. Management has to fulfill the financial responsibilities related to business for its smooth operations. An example could be when a person starts his new business without inter pretting financial forecast. This would sometimes lead into short run profits and then not work out in long run profits. Thus resulting in decrease of cash flows which will in turn affect business.

1. Describe why a manager needs to understand the characteristics an.pdf

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