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Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how manageri
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Case 1: FleetBoston Financial: Online BankingThis case explores the financial services industry, how these firms make money, and what are their challenges and opportunities. As the ninth largest bank
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Write a two-page paper on the following prompts:Is the goal of long-term stock price maximization good or bad for society?Do corporations have social responsibility. If so, why, if not, why not?Is the
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What is life
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The question needs to be answered with an initial post of at least 250 words. 1. List and briefly describe the five major generally accepted accounting principles (GAAP) that accountants must co
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Assignment 1: Client LetterDue Week 2 and worth 150 points Imagine that you are a Certified Public Accountant (CPA) with a new client who needs an opinion on the most advantageous capital structure o
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Pretend you are again a manager of your favorite manufacturing company. You have been asked to determine whether a product (one of your choosing) should be manufactured in-house or outsourced to anoth
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DISCUSSION 1 Company Description Throughout this course, you will develop a series of written papers projects that you will later combine into a complete business plan for a Non-Alcoholic Beverage com
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Topic 1 Designing Team and Team Identity Think about how to build teams in terms of designing the task, selecting theTopic 1 Designing Team and Team Identity Think about how to build teams in terms
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Describe a major theme of the movie you have selected using evidence from the movie itself as well as course resources and other scholarly sources to support your position.● Identify at least t
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BUS 499 Strategic Management and Strategic Competitiveness- globalization and technology- Choose one (1) public corporation in an industry with which you are familiarBUS 499 Strategic Management and S
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Find an organization with a mission and or vision statement. What values do you see reflected in the statement What important values are absent in your opinionFind an organization with a mission and o
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Senge’s Five Disciplines and Organizational Climate The learning organization is affected by both the individual and the organizational climate. In a two- to three-page paper (excluding the title a
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Pretend you are a manager of your favorite manufacturing company. Discuss how you would use the balanced scorecard to evaluate your company. Be specific.
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$5000 is deposited into a well-run bond fund, which pays an annual yield of 4.5%. The average inflation rate is 2.8%.a) What is the (nominal) value after 9 years? Round down to the nearest penny.b) Ho
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For Milestone Two, you will submit a draft of the Judicial Administration section of your scenario analysis. Using your assigned reading, course materials, and the scenario provided below(the same sce
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Philosophy of Special Education research, develop, and write your philosophy of special education that addresses your beliefs on the following topicsPurpose of schooling • Nature of learners
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HLT 610 Advantages and Disadvantages of Social Networking and How it can be used in Career DevelopmentHLT 610 Advantages and Disadvantages of Social Networking and How it can be used in Career Develop
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If you were to start your own business, which business entity structure would you choose Justify why your chosen structure is the best organizational form.Explain the following business structures: so
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The appraisal process is one step involved in identifying potential improvements on individual performances. What is the most difficult part in determining the dimensions to be appraised? What is mos
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What differences and similarities would be present in account life cycle management for a company with 50 employees versus a company with 5,000 employeesWhat differences and similarities would be pres
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Pick two separate corporations and from www.nasdaq.com, pick the “historical quote” option and randomly select 30 opening stock prices for the last two years. Place the data into an Excel spreads
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Partner X is a 50% partner in the XY Partnership that has the following assets and liabilities at year end. Assume the book basis and tax basis are the same amount. Machine: Basis $9,000 Value $21,00
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Partner X is a 50% partner in the XY Partnership that has the following assets and liabilities at year end. Assume the book basis and tax basis are the same amount. Building: Basis $90,000 Value $100
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A is a retired partner of ABC, a personal service partnership. A has not rendered services to ABC since her retirement. Under the provisions of A's retirement agreement, ABC is obligated to pay A 10%
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Which of the following is the last day to modify apartnership agreement in order for a special allocation to be respected?The extended due date of the tax returnThe last day of the fiscal year in whic
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In order to meet the economic effect safe harbors of Section 704(b) regulations, which of the following statements is the most true?A negative capital account must be restored by the end of the tax ye
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In the XY Partnership, X is the general partner with a 20% interest and Y is the limited partner with an 80% interest . How is partner Y's basis affected if Y guarantees a partnership recourse loan of
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P invests $60,000 for one-third interest in the PQR Partnership. During the period, P's share of the partnership income is $120,000 and P has withdrawn $75,000. The partnership has recourse liabilitie
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L invests $60,000 for one-third interest in the LMN Partnership as a limited partner. During the period, L's share of the partnership income is $120,000 and L has withdrawn $75,000. The partnership ha
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An individual received a 70% capital interest in a general partnership by contributing the following:Investment land purchased 10 years ago for $40,000 and valued at $60,000A personal (nonbusiness) tr
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The ABC Partnership has the following assets and liabilities before any reduction for year-end principal payments on the liabilities. Assume the book basis and tax basis are the same amount.Assets: Ba
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X is a one-half partner in a partnership with $4,000 of accounts receivable with a zero basis, capital assets of $6,000 with a $2,000 basis, and no liabilities. If X receives $5,000 of capital assets
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A disproportionaste distribution can occur in which of the following situations?The partnership has 100% capital assetsThe partnership only owns inventoryThe partnership has 100% ordinary assetsThe pa
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In the XY Partnership, X is the general partner with a 20% interest and Y is the limited partner with an 80% interest. How is partner Y's basis affected if Y guarantees a partnership recourse loan of
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In a distribution, T receives from her partnership a capital asset with a partnership basis of $18,000. If her basis in the partnership is $15,000 and the optional adjustment to basis election is in e
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In order to meet the economic effect safe harbors of Section 704(b) regulations, which of the following statements is the most true?A negative capital account must be restored by the end of the yearA
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Income payments paid to a retiring partner will consist of a partner's share of all the following partnership assets except:a partner's distributive sharegoodwillrental propertyunrealized receivables
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On January 1, of the current year, C made a gift of 25% interest in the Mariner Partnership to his son, P. The partnership's business was bookkeeping; capital was not a material income-producing facto
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An allocation is considered as substantial if all of the following occur except:A partner loses money as a result of the allocationA partner's after-tax position is not improvedA partner's economic po
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Retiring partner A is to receive $120,000 for his partnership interest spread over a 4-year period and paid in installments of $30,000 per year. If A's basis is $64,000 and the payments are considered
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A loan will never be treated as a recourse loan under which of the following conditions?A loan is part of a wrap-around arrangementA loan-reimbursement plan existsA partner loans money to a partnershi
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Partner C has a capital loss of $90,000 and has knowledge that the partnership will have large capital gains for the year. The other partner, D, is in a low tax bracket, Which of the following might n
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The LMN Partnership has the following assets and liabilities before any reduction for year-end principal payments on the liabilities. Assume the book basis and tax basis are the same amount.Assets: Ba
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A partnership has the following assets and liabilities. The book basis and tax basis are the same amount.Building: Basis $90,000 Value $92,000Accounts payable: Basis $8,000 Value $8,000Note payable: B
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Which of the following is the last day to modify a partnership agreement in order for a special allocation to be respected?The extended due date of the tax returnThe last day of the fiscal year in whi
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XYZ, an equal three-person partnership, has cash of $12,000 and securities of $15,000 (FMV) with an adjusted basis of $3,000 to the partnership. Assume that Z sells her interest to W for $9,000. If th
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L invests $60,000 for one-third interest in the LMN Partnership as a limited partner. During this period, L's share of the partnership income is $120,000 and L has withdrawn $75,000. The partnership h
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ABC, an equal three-person cash basis partnership, has cash of $3,000 and securities of $48,000 (FMV) with an adjusted basis of $30,000 to the partnership. Assume that C sells her interest to D for $1
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Which of the following is not an example of a partnership where capital is a material income-producing factor?Five individuals open a hardware store as a partnershipFour individuals form a child care
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