Harry’s House of Hamburgers (HHH) wants to prepare a cash budget for months of September through December. Using the following information, prepare the cash budget schedule and interpret the results.∙
Harry regularly shipped 100 cartons of electronic goods to Keith on the 15th of every month as per the original agreement. He had been continuing this shipment routine for over a year. On the 20th day of one of the months, Keith refused the goods as he did not want Harry to ship those goods to him and had never accepted any such offer of goods. Harry had not received any prior notification to cancel the shipment of goods. Which of the following statements is true of this situation?
A.Keith can sue Harry based on the doctrine of promissory estoppel.
B.Keith’s prior act of dealing and conduct with Harry confirms acceptance of the offer.
C.Harry used duress in controlling the terms of the offer.
D.Keith can sue Harry based on the misstatement of the facts of the offer.
E.Harry should have ensured only partial delivery of goods as he received no oral confirmation from Keith about the shipment of goods.
Harry purchased land in Victoria. The Section 32 disclosure statement contained several “strict”
contractual conditions, which were not incorporated into the Contract Note. Advise Harry briefly if he is bound by the contractual conditions in the Section 32.
Harry purchased equipment for his business and gave the seller cash and a note due in two years. Larry also purchased business equipment, but financed the transaction with a bank loan. Because Harry and Larry were financial difficulty, the creditors reduced the balance due on each mortgage by $50,000. What are the tax effects of the debt adjustments experienced by Harry and Larry?
You have recently taken on work as the quantitative business analyst for a company that holds the DVD distribution rights for movies. The company wants to estimate the sales revenue for each DVD movie it distributes. Currently, the company tends to follow some adhoc guidelines to form these estimates. However, they have recently acquired some data on DVD sales, and have hired you to help analyse it and assess or inform/improve their DVD revenue estimation methods. You are required to present and explain all your assumptions and discuss whether they could be true, or not, in each case, in answering each of the questions below.
The company has always estimated DVD revenue differently, based on whether the box office revenue was in excess of $100 million, or not. In fact the company usually estimates that DVD revenue will be higher by $25 million when the box office revenue is in excess of $100 million. i. Fully investigate the hypothesis that DVD revenues are larger on average when the box office revenue is in excess of $100 million. State all required assumptions, indicate your chosen level of significance (and why you chose it) and give a plain-English business context conclusion. ii. Test the dealership’s hypothesis that $25 million should be added to the estimated DVD revenue, when the box office revenue is in excess of $100 million. Does the data support that hypothesis?
Harry is reading the textbook for his astronomy class and is trying to relate the material to his own life experiences. According to the levels of processing model, Harry is more likely to remember the information over the long term because he is using
A: deep processing
B: spreading activation
C: shallow processing
D: reconsolidation
1. Harry Hardluck and his ex-wife, Hortense Hapless Hardluck, were divorced in 20×0. Under the divorce decree, Harry was required to make payments of $600 a month (for the support of Hortense and their children). Because the decree labels these payments as alimony, Harry had deducted them on his 20×1, 20×2, and 20×3 income tax returns. At the same time, Hortense has taken the position that these are child support payments and has not reported them as income for the years in question.
The IRS has audited Harry and Hortense and issued a Statutory Notice of Deficiency to Harry disallowing the deduction claimed for alimony payments. At the same time, the IRS issued a Statutory Notice of Deficiency to Hortense claiming that the payments were alimony and should have been reported as income. Harry and Hortense’s respective attorneys consult you as a noted tax expert in tax procedure to find out whether the IRS can actually make assessments in such an “inconsistent” fashion. What advice do you give them?
2. B.N. Krupt Company, Inc., timely filed its first quarter 20×1 withholding tax return (Form 941) on April 29, 20×1. On May 1, 20×1, Mr. Scatterbrain, the president of the corporation, resigned. Scatterbrain normally signed all corporate checks and approved all financial transactions. No successor was appointed, but Mr. Disorganized, the vice president, and Ms. Slipshod, the treasurer, were given co-check-signing authority and together assumed Scatterbrain’s financial duties. Ms. Neglectful, the corporation’s sole shareholder and director, assumed the acting presidency.
Ten days before the second quarter 20×1 withholding tax return (Form 941) was due, Mr. Diligent, the accounts payable clerk, prepared the Form 941 and a check for the total amount due. Mr. Diligent gave the check and the Form 941 to the treasurer, Ms. Slipshod, to be signed and forwarded to Mr. Disorganized for co-signature of the check. Because of the corporation’s poor financial condition that month, Mr. Disorganized decided to sign only certain checks and failed to co-sign the tax check. Mr. Disorganized returned all of the checks to Mr. Diligent. Mr. Diligent noticed that several checks were not co-signed and adjusted his cash disbursement journal accordingly. Mr. Disorganized resigned two days prior to the due date for filling the return. The corporation did not pay any tax for the second quarter and Ms. Neglectful had no knowledge of the nonpayment of the Form 941 taxes.
(A) For each person involved, state whether you think the person is liable for the 100-percent penalty under Code sec. 6672. Why or why not?
(B) The corporation’s portion of the FICA tax was also not paid. Is this amount included in the 100% penalty?
Harvard format . need British writing . 950 words
Courseware may exceed the written range, strictly in accordance with the requirements
The reference does not need a lot, the following is the article that needs to be read in the last attachment, for reference.
Core reading
Rodrik, Globalization Paradox, chs1, 2, 9-12
Speech by Kofi Annan: http://www.li.suu.edu/library/circulation/Gurung/soc4500sgTheRoleOfStateAgeSp12.pdf
Hirst and Thompson, ‘Globalization and the future of the nation state’ Economy and Society 1995, pp.408-424
M. Wolf, ‘Will the nation state survive globalization?’ Foreign Affairs Jan/Feb 2001 https://www.foreignaffairs.com/articles/2001-01-01/will-nation-state-survive-globalization
Rodrik, The Globalization Paradox, chapter 3
Http://www.newyorker.com/news/john-cassidy/r-i-p-free-trade-treaties
A.Blinder, ‘Offshoring: the next industrial revolution’ Foreign Affairs 85 (March/April 2006), pp.113-128
D. Acemoglou et al, ‘The rise of China and the future of US manufacturing’ http://www.voxeu.org/article/rise-china-and-future-us-manufacturing
Core reading:
R. Vernon, ‘Economic sovereignty at bay’ Foreign Affairs 47 (1968), pp.110-123
L.Eden, ‘The realist adjusts the sails: Vernon and MNE-state relations over three decades’ Journal of International Management 6 (2000) pp.335-342
Hirst, Thompson and Bromley, Globalization in Question, chapter 3.
Rodrik, Globalization Paradox, chapter 5
D. Rodrik and Subramanian, ‘Why did financial globalization disappoint?’ IMF Staff Papers 56 (2009), pp.112-38
L. Mosley, ‘Globalisation and the state: Still room to move?’ New Political Economy 10 (2005), pp. 355-62.
J. Bhagwati, ‘The capital myth’ Foreign Affairs 77 (1998), pp. 7-12.
Harvard business School Case Study: Balancing Online and Offline Marketing Which marketing approaches seemed to be the most effective in the HBS Case Study? Why do you believe this is the case.
Charlie Breckling needed to grow by 10% in the year 2010, attracting 168 traceable enrollments through online marketing efforts with a budget of $182,000. How would you allocate the resources based on the HBS case information? What specifically would you suggest doing with each of the seven internet marketing approaches outlined?
Do you agree with the decision to forego direct mail? Why or why not?
Harvard Business Review ranked Amazon CEO Jeffrey Bezos as the #2 Best Performing CEO in 2012. Here is what Bezos had to say about Amazon’s culture and strategy (Hansen, Ibarra, & Peyer, 2013):
“First, there are stories we tell ourselves internally about persistence and patience, long-term thinking, staying focused on the customer. Second, we select people who, when they wake up in the morning, are thinking about how to invent on behalf of the customer. If you like a more competitively focused culture, you might find us dull. We find our culture intensely fun. We have an explorer mentality, not a conqueror mentality.”
Would this culture aid strategy execution anywhere? Why or why not?
Does your own workplace follow more of a conqueror mentality or an explorer mentality? Is that good for sustainable competitive advantage?
Reference: Hansen, M. T., Ibarra, H., & Peyer, U. (2013). The best-performing CEOs in the world.Harvard Business Review, 91(1), 81–95.
Running head: AMAZON’S CULTURE AND STRATEGY Amazon’s Culture and StrategyNameInstitution 1 AMAZON’S CULTURE AND STRATEGY 2 Amazon’s Culture and StrategyThe culture of persistence,…
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