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A recent study of online users under age 25 found that 78% use Snapchat, 45% use Twitter and 40% use both. For online users under age 25 answer the following:
Problem (a) What percentage do not use Twitter?
Problem (b) What percentage use at least one of these two social networks?
Problem (c) What percentage use none of these social networks?
Problem (d) What percentage use Twitter but do not use Snapchat (i.e. they use only Twitter?) Hint: Draw a Venn Diagram or set up a 2 × 2 probability table.
Problem (e) If two events are independent then P(A and B) = P(A)´ P(B) Check to see if the two events, Uses Snapchat and Uses Twitter are independent.
Problem (f) If someone uses Snapchat does that change the probability they use Twitter?
Make the journal entries to record the financial instrument for the years ending 31 December 2018, 31 December 2019 and 31 December 2020.
Once a business has elected its tax status using check-the-box regulations, what options are available if it needs to change its tax status? What should a business consider before electing to change its tax status?
J.G. Wentworth wants to buy your annuity. What is JG Wentworth's annual rate of return (interest rate) if they are willing to pay you $500,000 today?
Prepare a 3-5 page research paper on the fundamentals of how to do fundamental tax research. Your research should include: Your rationale for the need for tax research. The different types and levels of authority.
Why a manufacturer may experience an increase in its Inventory Turnover ratio is that the firm has switched to a just-in-time income inventory system
What amount of receivables does Nash expect to collect from its customers at April 30? Nashville again April with accounts receivable and $49,000
In 2013, Chirac Enterprises issued, at par, 75 $1,070, 7% bonds, each convertible into 110 shares of common stock. Chirac had revenues of $20,900 and expenses other than interest and taxes of $9,450 for 2014. Compute diluted earnings per share for 20..
Eric must pay off a loan of $3,500 in 5 years. Use the appropriate formula to find the amortization payment he would need to make each six months, at 12% interest compounded semiannually.
Prepare Statement of changes in owners' equity (assume owner didn't made any investment during the period). Prepare Comprehensive income statement
You consider an industry with 50 small firms and five large firms. Compute the HHI for this industry
The bad debt expense rate on both existing and incremental (lost) sales is estimated to be 7 percent. The DSO of 56 days is not expected.
Cash receipts recorded in the December cash book totaled $45,640, of which $28,000 represents cash sales, and $17,640 represents collections on account for which cash discounts of $360 were given.
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