Briefly discuss the following for your Chapter One Discussion:Colleen Fernandez President of Rhino Enterprises applied for a $175 000 loan from First Federal Bank. The bank requested financial statements from Rhino Enterprises as a basis for granting the loan. Colleen has told her accountant to provide the bank with a balance sheet. Colleen has decided to omit the other financial statements because there was a net loss during the past year.1. Is Colleen behaving in a professional manner by omitting some of the financial statements?2. Discuss the implications of this behavior.Ethics & Professional ConductAt the end of the current month Gil Frank prepared a trial balance for CollegeAppServices. The credit side of the trial balance exceeds the debit side by a significant amount. Gil has decided to add the difference to the balance of the miscellaneous expense account in order to complete the preparation of the current month’s financial statements by the 5 o’clock deadline. Gil will look for the difference next week when he has more time.1. Discuss whether Gil is behaving in a professional manner.Ethics and professional conduct in businessDaryl Kirby opened Squid Realty Co. on January 1 2013. At the end of the first year the business needed additional capital. On behalf of Squid Realty Co. Daryl applied to Ocean National Bank for a loan of $375 000. Based on Squid Realty Co.’s financial statements which had been prepared on a cash basis the Ocean National Bank loan officer rejected the loan as too risky.After receiving the rejection notice Daryl instructed his accountant to prepare the financial statements on an accrual basis. These statements included $65 000 in accounts receivable and $25 000 in accounts payable. Daryl then instructed his accountant to record an additional $30 000 of accounts receivable for commissions on property for which a contract had been signed on December 28 2013. The title to the property is to transfer on January 5 2014 when an attorney formally records the transfer of the property to the buyer.Daryl then applied for a $375 000 loan from Free Spirit Bank using the revised financial statements. On the application Daryl indicated that he had not previously been rejected for credit.Discuss the ethical and professional conduct of Daryl Kirby in applying for the loan from Free Spirit Bank.Ethics and professional conduct in businessPicasso Graphics is a graphics arts design consulting firm. Pablo Taylor its treasurer and VP of Finance has prepared a classified balance sheet as of July 31 2014 the end of its fiscal year. This balance sheet will be submitted with Picasso Graphics’ loan application to Paris Trust & Savings Bank.In the Current Assets section of the balance sheet Pablo reported a $56 000 receivable from Becky Holt the President of Picasso Graphics as a trade accounts receivable. Becky borrowed the money from Picasso Graphics in January 2012 for a down payment on a new home. She has orally assured Pablothat she will pay off the account receivable within the next year. Pablo reported the $56 000 in the same manner on the preceding year’s balance sheet.Evaluate whether it is acceptable for Pablo to prepare the July 31 2014 balance sheet in the manner indicated above.Accounting Scandals.pdfAttached is a summary of some notoriouslyfraudulent accounting scandals retrieved from:www.accounting-degree.org/scandals that occurred in the past. Choose the one that interests you the most and answer the following:1. Briefly summarize what occurred.2. What are your thoughts regarding this activity and how do you think these issues could have been prevented?If inventory is being valued at cost and the price level is steadily rising which of the three methods of costingFIFO LIFO or weighted average costwill yield the lowest annual income tax expense? Explain.Select a business in your community and observe its internal controls over cash receipts and cash payments. The business could be a bank or a bookstore restaurant department store or other retailer. Briefly iidentify and discuss the similarities and differences in each businesss cash internal controls.After the accounts are adjusted and closed at the end of the fiscal year Accounts Receivable has a balance of $673 400and Allowance for Doubtful Accounts has a balance of $11 900. Describe how the accounts receivable and the allowance for doubtful accounts are reported on the balance sheet.Dave Elliott CPA is an assistant to the controller of Lyric Consulting Co. In his spare time Dave also prepares tax returns and performs general accounting services for clients. Frequently Dave performs these services after his normal working hours using Lyric Consulting Co.s computers and laser printers. Occasionally Daves clients will call him at the office during regular working hours.Brieflydiscuss whether Dave is performing in a professional manner.Payroll accounting involves the use of government-supplied forms to account for payroll taxes. Three common forms are the W-2 Form 940and Form 941. They may be downloaded from the Internet athttp://www.irs.gov(go to forms and publications).Briefly describe the purpose of each of the three forms.BernieEbbers the CEO ofWorldCom a major telecommunications company was having personal financial troubles.Ebberspledged a large stake of hisWorldComstock as security for some personal loans. As the price ofWorldComstock sank Ebbersbankers threatened to sell his stock in order to protect their loans. To avoid having his stock sold Ebbersasked the board of directors ofWorldComto loan him nearly $400 Millionof corporate assets at 2.5%interest to pay off his bankers. The board agreed to lend him the money.Briefly comment on the decision of the board of directors in this situation.Describe the two distinct obligations incurred by a corporation when issuing bonds.What are the major advantages of the indirect method of reporting cash flows from operating activities?What is the difference between horizontal and vertical analysis of financial statements?

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Scenario

WidgeCorp became the market leader in snack foods after acquiring a rival company, Company W. Their management style and business decision-making differed. Employees at WidgeCorp collected relevant data and through statistical analysis used this information to draw conclusions and make appropriate recommendations. Company W tended to rely on the experience and judgment of its managers. For the time being, both companies are being managed separately, but within the next twelve months they will merge all management, processes, and accounting. You work for Company W and are a little nervous about this new way of working, but realize that you need to be able to present issues and recommendations with statistical verification to the WidgeCorp executives. You will also introduce and employ statistical analysis to the senior management of Company W’s various departments such as Marketing, Sales, and Production. Part of your job will be to educate Company W as well.

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

A high-end market research firm has contacted your boss and is trying to sell some business to your organization. Upper management does not want to appear incompetent, so they have asked you to research and explain three major ways multivariate statistics are used in a business.

Small Group Discussion

Research the library, and provide at least 1 example of how a real company has used each of the following multivariate techniques: factor analysis, multidimensional scaling, and cluster analysis. Companies that provide statistics software Web sites and market research firm Web sites usually include case studies and customer testimonials.

Read the postings of all group members, and decide as a group which technique is preferred by the group and which example best illustrates the use of this technique.

Use the Small-Group Discussion Board for your comments.

Individual Portion

For the individual portion of this project, on your own, write a summary of 1,500–3,000 words explaining to upper management the chosen multivariate technique, how it is different from the other 2 techniques, how at least 1 other real-life company has used this technique to address a business problem, and how that technique might be used at your own organization

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Freedom in Huckleberry Finn Research Papers
Freedom in Huckleberry Finn research papers show the symbolism of the raft in Huck and Jim’s adventure.
Freedom in Huckleberry Finn research papers examine Mark Twain’s classic. The focus on freedom in the novel can make for an excellent project on American Literature and how it relates to this fundamental element in American society.
Freedom is a central motif of Mark Twain’s The Adventures of Huckleberry Finn. Freedom in Huckleberry Finn research papers show that the motif is twofold.

One aspect of it is Huck’s desire to get away from the attempts of his female caretakers to civilize him.
The other aspect of the twofold motif is Jim’s slavery.

This aspect of the motif of freedom is related mostly to the journey of Huck and Jim down the Mississippi River and the symbolism of the raft in Huckleberry Finn as a symbol of freedom.
The raft is the primary symbol of this aspect of the motif. And in a way, the wide, winding Mississippi River carrying the raft is like a stream of freedom for Huck and Jim. Every time the two have to make land, usually for provisions, they are in danger of becoming entangled in the feuds, crimes, or chicanery of individuals they run into. Also, Jim is in danger of being captured as a runaway slave.

Freedom and Jim
Whereas the freedom represented by the raft is an idealized, almost boundless, freedom, Jim’s bondage and the freedom implied by it which is not granted to him is a more concrete type of freedom. As a slave, Jim is not free to go about the ordinary routines of his daily life. As a slave, Jim is literally property of the person who owns him. Miss Watson, who had taken Huck into her home to try to reform him, was considering selling Jim to someone down south for eight hundred dollars. Jim’s flight from her and subsequent linking up with Huck is the basis for their friendship and raft trip down the Mississippi which are the basis for the novel.

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General Questions:

Respond to the following questions thoroughly, in 150-300 words for each question. Use your textbook as your first and major reference.

1. Explain what an option entails, and why an investor may be attracted to this type of investment. Where are options traded? 2. What is the difference between commodities and financial futures? What are the risks and the benefits of each? 3. In a declining economy and housing market, what are the benefits or opportunities for the investor in this type of real estate market? What are the risks?

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Question
he Case of Hurricane Katrina

The diversity movement suggests that our differences should not have economic, social, or political consequences and that we should be entitled to the same access to resources and opportunities regardless of our differences. However, the human suffering resulting from Hurricane Katrina and the images of victims have stimulated a debate about differential access to resources.

Using the South University Online Library or the Internet, research about the differential treatment and access to resources. Based on your research, create a 3- to 4-page report in a Microsoft Word document that includes answers to the following questions:

What are the potential ethical issues that researchers may face when conducting public health research targeting vulnerable populations?
What are the specific vulnerable groups that are potentially at risk as a result of the disaster? Why?
What are the specific strategies that you would propose to ensure equity? Explain.
What are the strategies that you would recommend to prevent potential human rights violations? Explain.
Support your responses with examples.

Cite any sources in APA format.

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