3. Tax Problem:

Simpson is a single individual who is employed full-time by Duff Corporation. The year Simpson reports AGI of $50,000 and has incurred the following medical expenses:

Dentist charges

$ 900

Physician’s charges

1,800

Optical charges

500

Cost of eyeglasses

300

Hospital charges

2,100

Prescription drugs

250

Over-the-counter drugs

450

Medical insurance premiums

775

Calculate the amount of medical expenses that will be included with Simpson’s itemized deductions after any applicable limitations. Use the 2013 tax year information for reference.

 

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(30%) Suppose you buy a call option of a firm’s stock. The current price of the stock is $60, but the price will change next period, with a probability 70% of increasing to $120, and with a probability 30% of decreasing to $30. The exercise price for this call option is $70 at expiration (next period). Assume the interest rate is 5%. a) What is the present value of your expected profit? (Remember that is the price of the call option in today’s dollars) b) Now consider a three-period case: Suppose the stock price in the first period is still $60. In the second period, the stock price will increase to $120 with a probability 70%, and this price will continue to change in the third period, with a probability 40% of increasing to $150 and a probability 60% of decreasing to $100; in the second period, the stock price will go down to $30 with a probability 30%, and this price will also continue to change in the third period, with a probability 40% of going up to $65 and a probability 60% of going down to $20. The call option you buy will expire in the third period and the exercise price is still $70. The interest rate is still assumed to be 5%. Calculate the present value of your expected profit

 

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Suppose that you are leading the installation of a new MS Office application (e.g., Word, Excel, or Access) in your organization. Based on your research and readings, using MS PowerPoint, create 2-3 presentation slides outlining the topics that would be included in the training manual. You may use a table in your plan if needed. Include a cover page slide and be sure to cite your sources in APA.

 

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30,000 in fixe

3. Metro Airlines runs 10 flights per day at a total cost of $50,000, which includes $30,000 in fixed costs for airport fees, airplanes, and the reservation system and $20,000 invariable costs for flight crews, fuel, baggage handlers, and food service. If an 11th flight would have 25 passengers, each paying $100, would it make economic sense to offer the flight? If a 12th flight only drew 15 passengers, would it make sense to offer it? Discuss and show your math.

4. Critical Thinking: Although still not yet fully implemented Congress passed a bill creating national health care system, called
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3. Metro Airlines runs 10 flights per day at a total cost of $50,000, which includes $30,000 in fixed costs for airport fees, airplanes, and the reservation system and $20,000 invariable costs for flight crews, fuel, baggage handlers, and food service. If an 11th flight would have 25 passengers, each paying $100, would it make economic sense to offer the flight? If a 12th flight only drew 15 passengers, would it make sense to offer it? Discuss and show your math

 

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3.

Who was the father of Punched Card Processing?

A.J Presper EckertB.Charles BabbageC.Dr. Herman HollerithD.Blaise PascalE.None of the aboveView Answer Workspace Report Discuss in Forum

 

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