1)    In the current tax year, Gunther earned $125,000 from his job as a civil engineer.  In addition, he received $30,000 of income from Activity A, and lost $40,000, and 20,000 from Activities B and C respectively.  Activities A, B, and C are passive activities that Gunther acquired in the current year.  What amount of loss may Gunther deduct on his current year taxes with respect to each activity?  What amount of loss, if any, must be carried over to the subsequent year for each activity? 2)    During the current year, Beth and Bill, who file a joint return, incurred the following items of income and loss: Salary    $ 130,000 Activity A (passive)    10,000 Activity B (rental real estate/nontrade or business)    (30,000) Activity C (rental real estate/nontrade or business)    (20,000) Beth and Bill actively participate in activities B and C, and they own 100% of each rental property. a)    What is their AGI for the year? b)    What is the amount of susp

For this week's eActivity, research one (1) publicly traded company in which you are interested using the Internet. Review its most recent statement of cash flows and income statement on the company Website. Be prepared to discuss. Outline a strategy for companies to spend excess cash and maximize the value of that spend. Provide a rationale for your response. Compare and contrast the selected company’s statement of cash flows to its income statement. Suggest at least two (2) items from each statement that investors should analyze when deciding whether or not to purchase the company’s stock. Justify your response. Discussion: Sustainable Income and Ratio Analysis Describe sustainable income and the importance of sustainable income in the evaluation of the income statement. Choose at least two (2) items or events that will affect sustainable income of a company. Propose the manner in which you would disclose these items or events to investors. Justify your response.

Company XYZ is considering using off-balance-sheet financing in order to obtain a loan from a local bank, but the company is unsure of the various forms of off-balance-sheet financing. For management, compare and contrast the various forms of off-balance-sheet financing. Give your opinion on whether or not Company XYZ should engage in off-balance-sheet financing. Provide a rationale with your response. Explain the primary advantages and disadvantages of issuing bonds with call features to potential buyers. Suggest two (2) improvements that a company could implement in order to make bonds with call features more attractive to potential buyers.

This assignment is based on the consolidated financial statements of David Jones Limited (DJS), a retailer listed on the Australian Securities Exchange. You will need to access the 2012 and 2011 annual reports for DJS, which contain financial information pertaining to 2011-2012 (2012 annual report) and 2010-2011 (2011 annual report), and are available at ‘Assessment’ on the course Blackboard site. Additional data relating to DJS’s market performance are contained within this document (at the relevant question). This assignment is worth 20% of the total assessment for this course. NOTE: You must adhere to the following requirements in completing this assignment: For the ratio analysis required in Question 16 of this assignment, you must provide full supporting calculations – if supporting calculations are not provided, the corresponding analysis will not be marked and you will be awarded zero for this question. · Ratios should be calculated according to the formulae provided in

Are stereotyped depictions of groups of people in social media just a common part of our culture? Do videos, blogs, and news forums need to depict individuals of Middle Eastern, Asian, Black, White, or foreign one way? Does mental illness need to be depicted only as a vehicle for violent behavior? This week's activity is using personal social media to look at stereotypes, cultural issues and norms, and global norms. We're going to do that by using your personal social media - Facebook. Look at what people are posting and see what stereotypes and cultural assumptions are there. Check out the ads along the sides as well. Now try posting something on social media asking about cultural assumptions, stereotypes, race, etc. (see some possibilities below) and see how the responses go. Did people jump to tell things they notice or were people a little reticent to share? So people agree that stereotypes are rampant, or did they not notice them. Did you open anyone's eyes? Did friends in differe

Careers in Accounting Due Week 8 and worth 160 points Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities in addition to preparing financial statements and recording business transactions. These activities include computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management. Use the Internet or the Strayer Online database to research career options within the accounting field and accounting job postings in your local area to respond to the questions in the assignment. Write a one to two (1-2) page paper in which you: Describe at least two (2) career options someone with an accounting education can pursue. Be sure to reference sources such as the Bureau of Labor Statistics and the American Institute of Certifi

Case Assignment

Coffee Maker's Incorporated (CMI) Two divisions of a CMI are involved in a dispute. Division A purchases Part 101 and Division B purchases Part 201 from a third division, C. Both divisions need the parts for products that they assemble. The intercompany transactions have remained constant for several years. Recently, outside suppliers have lowered their prices, but Division C is not lowering its prices. In addition, all division managers are feeling the pressure to increase profit. Managers of divisions A and B would like the flexibility to purchase the parts they need from external parties to lower cost and increase profitability. The current pattern is that Division A purchases 3,000 units of product part 101 from Division C (the supplying division) and another 1,000 units from an external supplier. The market price for Part 101 is $900 per unit. Division B purchases 1,000 units of Part 201 from Division C and another 500 units from an ext

Review the following case study. When the FASB issues new standards, the implementation date is often 12 months from date of issuance, and early implementation is encouraged. Becky Hoger, controller, discusses with her financial vice president the need for early implementation of a standard that would result in a fairer presentation of the company's financial condition and earnings. When the financial vice president determines that early implementation of the standard will adversely affect the reported net income for the year, he discourages Hoger from implementing the standard until it is required. Write a response of 750 to 1,050 words in which you answer the following requirements:

• Determine an ethical issue that is involved in this case if any.
• Identify if the financial vice president acting improperly or immorally.
• Explain what Hoger have to gain by advocacy of early i