A hospital corporation is planning to expand the surgical unit in one of their facilities. The expansion will take an initial investment of $12K. The hospital board wishes to know something about the value of the project, and risk associated with the project. One important criterion has to do with the NPV of the project; if there is less than a 10% risk of having a negative net present value for the investment, they will consider the expansion. The expansion will, of course, have revenues and expenses associated with it.

The following are the assumptions about income and expenses:

(a)Quarter 1 Sales:A normally distributed variable with a mean of $175,000

And a standard deviation of $5,000.

(b)Cost of Goods Sold Ratio:Rate:Triangular distribution with MIN=.6, MAX=.9,

and Most Likely value = .75

(c)General and Administrative Expenses:

Salaries: $14,000 for Quarters 1 and 2

$15,500 for Quarters 3 and 4

The following are %’s of Gross Profit:

Commissions:10%

Utilities: 5%

Telephone:A variable with a skewed left distribution with a minimum value of 3%, a most likely value of 6%, and a maximum value of 8%

Travel:A variable with a skewed right distribution with a minimum value of 2%, a most likely value of 3%, and a maximum value of 7%

Entertainment/Promotion:A uniformly distributed variable between 5% and10%

The following is a % of Salaries:

Payroll Taxes: 7%

(d) Quarterly Sales Growth Factor: 10% per quarter

(e)Taxes:36% tax rate on net profit; losses should be carried forward to the next quarter

(f)Initial investment:$12,000

(g)Discount rate (cost of capital):8%

Please review some of the distribution options that we have not yet discussed and see if any fit the assumptions above, and then develop a simulation that you believe will enable the board to make a sound decision.

Q.1- Mr. A and Mrs. B are married and have two dependent children. X & Y, They also fully support Mrs. B’s mother who lives with them and has no income. Their 2012 tax and other related information is as follows:  (2.5 marks)

Particulars 

Amount in $

Value of premiums for $ 100000 of group term life insurance provided by employer 

2,000

Gift from A’S parents

60,000

Dividend income—from ABC stock, 

8,000

Loan from A’S parents

20,000

Total salaries 

640,000

Bank account interest income 

14,000

Gain from the sale of qualified small business stock acquired in 2010

60,000

Total itemized deductions 

64,000

Municipal bond interest income

6,000

Value of employer provided medical insurance

22,000

Required: Compute Mr. A and Mrs.B Taxable income. (Show all calculations in proper /good form.)

Solution:

Q.2- Mr. Abdullah’s medical and personal expenses include the following: (2.5 mark)

Particulars 

Amount in $

Prescription drugs

2,400

Eyeglasses

1,400

Doctors’ fees

8,000

Hospital fees

13,400

Food for personal use (expenses) 

4,000

Travel allowances 

10,000

General purpose vitamins

400

Medical premiums

43,400

Visitors fees

2,000

Recreation fees

5,000

Club fess 

2,000

Abdullah’s AGI for the year is $ 132,000. He is single and age 56.  Insurance company reimburses none of the medical costs and other related items. 

After considering the AGI floor, what will be Abdullah’s medical expense deduction?

Answer:  

Q.3 In the year 2013, PQR Corporation had the following items of income, expense, gains, and losses: (2 mark)

Particulars 

Amount in $

Sales

2,000,000

Account payable

600,000

Interest on savings account

56,000

Plant & Machinery

600,000

Equipment 

300,000

Operating expenses

400,000

Furniture and Fixture 

400,000

Gain on sale of AT&T stock

24,000

Loss on sale of IBM stock

60,000

Building 

400,000

Motor vehicle 

200,000

Cost of sales

1,080,000

What is taxable income of PQR Corporation’s for the year?

Answer: –

Q-4-To make income taxable, income must be realized and recognized. Explain in your own words the difference between income realization and income recognition, and then provide a short numerical example to indicate the difference(Don’t copy the same numerical example from other students. Numerical example must be differ). (2 mark)

Answer

Q5. If aNOL (net operating loss) is incurred, when would a taxpayer elect to forgo the carryback period and only carry the loss deduction forward?(1marks)

I’m working on a marketing discussion question and need support to help me learn.

“Retailing involves all activities required to market consumer goods and services to end-users who purchase those items for an individual or household use. When an individual buys a computer at Best Buy, groceries from Winn Dixie, or an iPhone from the Apple Store, a retail sale has been made”.

Individuals frequently think of a brick-and-mortar store when they think of a retail sale. “However, retail sales are made in many other ways other than through physical stores. For example, retail sales are made by door-to-door salespeople, by mail order, by automatic vending machines, and online”.

The method of facilitating a retail sale is mainly dependent upon the needs of the target market. Marketers select and design retail outlets based on factors that add value to the target market. Please consider the two retail stores, Walmart and Target. The two firms sell many identical items. However, some consumers have a strong preference for one retailer over the other. Although the two retail giants sell many of the same items, the firms cater their offerings to different groups of consumers. Retail choices should add value to the retailer’s target market. In other words, as discussed in Module 1, retail choices should increase the benefits consumers receive or decrease the price or hassle a customer incurs as related to the purchase process.

“Compare and contrast the target market and marketing mix for a physical bike shop store in your community with the online bicycle retailer Performance Bicycle (www.performancebike.com (Links to an external site.)).

• Use your best judgment to identify and contrast each retailer’s primary target market
• Use your best judgment to identify and contrast some of each retailer’s Product, Place, Promotion, and Price decisions.

Paragraph one: Is operations management one of the main business functions?

The second paragraph is the discussion of the post you sent in parentheses

Q1 – Is operations management one of the main business functions? Discuss your answer in at least 200 words [3 marks].

Q2- Constructive comments on at least one post from classmates [1 MARK]

(Production and operations management is one of the main functions in business organizations, and there is a production department in business organizations to carry out the task of providing goods and services demanded by customers in the external environment, and its primary responsibility relates to planning, organizing and controlling operations and directing operations related to the transformation of raw materials and industrial components into finished goods ready to meet Requirements and needs of customers, in general, the term production means finding goods and services.

Operations management is concerned with managing an entire production system and the process that converts inputs (in the form of raw materials, labor, and energy) into outputs (in the form of goods and/or services), or delivers a product or services. Operations produce products, quality control and service creation. Operations management includes sectors such as banking systems, hospitals, companies, working with suppliers and customers, and using technology. Operations is one of the main functions of an organization along with supply chains, marketing, finance and human resources. Operations mission requires management of both the strategic and daily production of goods and services.

In manufacturing or service operations management, several types of decisions are made including operations strategy, product design, process design, quality and capacity management, facility planning, production planning, and inventory control. Each requires the ability to analyze the current situation and find better solutions to improve the effectiveness and efficiency of manufacturing or service operations.)

Select a publicly traded company to research. Evaluate its human resource (HR) and business strategy, HR department job positions, and ways it markets its company regarding human capital. The following are some of the company websites that provide this information:

• Allstate: Human Resources Careers.
• State Farm: Human Resources & Training Careers.
• Ford: Careers.
• Marriott. Marriott Careers.

In addition, refer to the U.S. Bureau of Labor Statistics website, which identifies detailed roles for HRM personnel and offers you some insight into HRM positions.

Write a 2–3 page paper in which you:

• Explain how you would ensure the HR strategy is in alignment with the business strategy of your selected company.
• Provide a detailed description of the HR Department job positions and associated responsibilities.
• Determine which HR job positions you would prefer and explain why.
• Analyze how the selected company can establish HRM strategies to improve competitive advantages.
• Propose three ways your selected company can increase diversity and remain competitive in the industry.
• Support your propositions, assertions, arguments, or conclusions with at least three credible, relevant, and appropriate sources synthesized in a coherent analysis.
  • Cite each source on your source list at least one time within your assignment.
  • For help with research, writing, and citation, access the library or review library guides.
• Write clearly and concisely in a manner that is well organized, grammatically correct, and free of spelling, typographical, formatting, and/or punctuation errors.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

• Propose how to align human resource strategies with business strategies to increase competitive advantage, including increasing diversity.