Answer:
A butter knife
Explanation:
Traditionally, people spread the spread on bread with a butter knife.
“Wealth Management Crisis aat UBS” (see file attached)
Questions:
1.In your opinion, to what extent did the government and national culture play in the scandal? And to what extent did corporate culture contribute to the scandal?
2.Without the Global Financial Crisis, do you think the scandal would have been reasonably uncovered, or would they have lingered? If yes/no, please explain.
3.Does it matter who or what entities could have been impacted by the scandal? What if net/net there were no losses incurred?
4.In your opinion, is the next scandal already underway, and are we just waiting for the next recession to find out what is currently going on? Please explain.
1. Based on the “Wealth Management Crisis at UBS,” my opinion is that the government and national culture of Switzerland, the U.S. Treasury, and some corrupt governments around the world, played a major role in aiding the tax fraud scandal committed by more than 52,000 U.S. residents.
The extent to which the corporate culture of UBS also contributed to the scandal is that the bank continued to help these U.S. residents to hide billions of dollars in untaxed assets. Why should the bank deliberately hide accounts for U.S. residents?
2. The global financial crisis between 2007 and 2009 helped in uncovering the secret accounts and tax fraud scandal because its challenges encouraged the U.S. Department of Justice (DOJ) decided to investigate the tax frauds committed by foreign account holders.
The implication is that without the global financial crisis, the investigations that uncovered the tax fraud would not have been initiated by the U.S. Department of Justice (DOJ) soon.
3. It matters to the entities that could have been impacted by the scandal. For instance, the U.S. Treasury was being deprived of hundreds of millions of dollars in taxes, according to the report.
Without the bailment from the Swiss government, UBS would have collapsed. Many account holders would have lost their savings in the process.
There is no way no losses would not have been incurred if the scandal continued.
4. Importantly, we are not supposed to wait for the next global recession to uncover similar financial scandals and tax frauds around the world.
Thus, tax havens, like the UBS, must come under rigorous investigations from time to time. Such regular investigations would deter would-be tax fraudsters and assets looters from committing to hiding their accounts.
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What is your own personal definition of the word "Support"?
Answer:
1..give assistance to ...help out someone
2..give emotional support
3...stand by someone
Explanation:
i hope this helps
8.1. In the article the author confirms that a reduction of the budget deficit is imperative. Briefly discuss the possible methods of achieving this objective which are mentioned by the author as part of his thoughts. (3) 8.2. What is the main conclusion in terms of where to from hereby the author in this article? (3)
The method of achieving the reduction in the budget deficit is to simply reduce expenses and increase tax.
What is a budget deficit?It should be noted that budget deficit simply means when the expenses is more than the revenue.
In this case, the method of achieving the reduction in the budget deficit is to simply reduce expenses and increase tax. This is needed to improve the budget.
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Q1: In about 200 words, write an essay analyzing the below case study using the SWOT framework.
• Students are required to define each key concept (SWOT) and to identify 4 strengths, 4 weaknesses, 2 opportunity, and 2 threats. Then to write an analytical text for the case study. Then to write an analytical essay for the case study. (60%)
Q2: In about 200 words, write an essay analyzing the STEEPLE Module .
Students are required to define each key concept (STEEPLE) and to illustrate all concepts with examples
Nike’s Goddess
Could a famously masculine company finally click with female customers? That was the challenge behind Nike Goddess, whose goal was to change how the company designed for, sold, and communicated with women.
In its 30-year history, Nike had become the undisputed leader in sports marketing. But beneath the success was an Achilles’ heel. Nike is named after a woman – the Greek goddess of victory – but for most of its history, the company had been perceived as being mostly about men. Could Nike do more to realize the full potential of female customers? And how could it afford not to, given the threats to its future with Air Jordan running out of air and brands like Skechers digging into the teen market with shoes inspired by skateboarding, not basketball. That was the huge question at Nike HQ. The launch of Nike Goddess was the makings of an answer.
Just Doing It Differently
For much of its history, Nike’s destiny was controlled by its founders, Phil Knight and his running buddies, who signed up athletes in locker rooms and made the executive decisions. But by throwing together a diverse team of people with different backgrounds and different levels of seniority, Nike has found that it can keep many of its core attributes while adding new sources of inspiration. Take the combination of star designer John Hoke and newcomer Mindy Grossman, vice president of global apparel. Hoke designed the look and feel of the first Nike Goddess store. Then Grossman, whose career has included helping make Ralph Lauren into a retail icon, pitched1 the design ideas to Nike’s top retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade.
How to Sell to Women
Nike Goddess began as a concept for a women-only store, and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark, loud, and harsh – in a word, male. In sharp contrast, the Nike Goddess stores have the comforting feel of a woman’s own home.
How to Design for Women
Designing a new approach to retail was only one element in Nike’s campaign. Another was redesigning the shoes and clothes themselves. Nike’s footwear designers worked on 18-month production cycles – which made it hard to stay in step with the new styles and colors for women. The apparel group, which worked around 12-month cycles, was better at keeping up with fashion trends. But that meant that the clothes weren’t coordinated with the shoes – a big turnoff 2 for women.
How to Talk to Women
When Jackie Thomas, Nike’s US brand marketing director for women, first heard the phrase ‘Nike goddess,’ she wasn’t impressed. ‘I don’t like talking to women through gender,’ she says. Nike Goddess had to mean something to women and it was her job to make that happen. ‘Women don’t need anybody’s permission. We are at our best when we are showing women a place where they didn’t think they could be.’ For John Hoke, the real power of Nike Goddess is not about traffic at stores. It’s about changing minds inside the company. ‘I knew that Goddess could galvanise3 us,’ he says, ‘It was an opportunity to redefine and re-energies our entire brand around a market that was taking off.’
Essay writing is typically given to students in order to test their writing and reading skills.
How to write an essay?Based on the information given, the way to write the essay will be given. Firstly, it's important to decide on your topic.
Research should be done on the topic and create an essay outline. Set your argument in the introduction and develop it with evidence.
Finally, check the content, grammar, formatting, and spelling, of your essay.
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Employers pay ___ ___ ___ ___ (__) to the unemployment insurance system
Answer: employers: The UI program is financed by employers who pay unemployment taxes on up to $7,000 in wages paid to each worker. The actual tax rate varies for each employer, depending in part on the amount of UI benefits paid to former employees. Thus, the UI tax works much like any other insurance premium.
Explanation:
hope this helped ya :)
NEED HELP PLEASE
1. Explain why celebrity endorsements are risky agreements for companies.
2. Why do you think the FTC creates laws governing celebrity endorsements? To whom do these laws benefit?
Answer:
The FTC created laws governing celebrity endorsements to protect all parties involved in the endorsement because without them, celebrities could lie about their contracts
Explanation:
The Consumer Price Index (CPI)
is the tool used to measure
inflation. It is calculated
through which of the following
methods?
A. Door-to-door surveys
B. Online Questionnare
C. Census
Palm, which uses the high-low method, had an average cost per unit of $40 at its lowest level of activity when sales equaled 1,600 units and an average cost per unit of $31.00 at its highest level of activity when sales equaled 3,200 units. Palm would estimate fixed costs as:
Using the high-low method of calculating costs, Palm will estimate the fixed cost element as $28,800.
Calculation of Fixed Cost Using the High-Low MethodThe fixed cost can be estimated as follows:
1) Calculation of variable cost elements
Total cost at a particular level of activity = Average cost per unit * units ………………… (1)
Using equation (1), we have:
Total cost at the lowest level of activity = $40 * 1,600 = $64,000
Total cost at the highest level of activity = $31 * 3,200 = $99,200
Variable cost per unit = (Total cost at the lowest level of activity - Total cost at the lowest level of activity) / (Highest Units - Lowest Units) = ($99,200 - $64,000) / (3,200 - 1,600) = $35,200 / 1,600 = $22
Therefore, the variable cost element is $22 per unit.
2) Calculation of fixed cost elements
Total cost = Total Fixed Cost + Total Variable Cost ................. (2)
Where;
Total Variable Cost = Variable cost unit * Units at a particular Total Cost
Using the highest unit with its total cost and substituting into equation (2), we have:
$99,200 = Total Fixed Cost + ($22 * 3,200)
$99,200 = Total Fixed Cost + $70,400
Total Fixed Cost = $99,200 - $70,400
Total Fixed Cost = $28,800
Therefore, Palm will estimate the fixed cost element as $28,800.
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For a closed economy, gdp is $12 trillion, consumption is $7 trillion, taxes net of transfers are $3 trillion and the government runs a deficit of $1 trillion. What are private saving and national saving?.
Answer:
i don't know
Explanation:
ask you teacher
Explain how we derive the supply curve for an individual firm
impact of legislation on employees
Why is it important for a company to pay attention to its
supply chain when practicing CSR?
O A. The company needs to ask its suppliers to help
advertise for the company.
O B. The company needs to request the EPA's approval
for all of its suppliers.
O C. The company needs to make sure its suppliers are
providing products at the lowest cost.
O D. The company needs to make sure its suppliers are
treating the planet with respect.
The company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
What is CSR?Corporate social responsibility CSR is a concept where a business engages in activities that makes it accountable to a wide range of stakeholders.
Corporate social responsibly make businesses corporate citizens. A business shares some of its profits with society by funding projects and programs that benefit the community.
Hence, the company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
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James has a credit card balance $5000 after Black Friday and he decides to pay $300 at the beginning of every month at 2.1% annual interest rate . In how many months can he pay off the balance
Answer:
16 months
Explanation:
2.1% of 300 is 6.3, 5000/3.06.3 = 16.32
Define “supply” for commodity
Answer:
The supply of a commodity is the amount of the commodity which the sellers or producers are able and willing to offer for sale at a particular price, during a certain period of time.
Note: Hope it helped
Mark is still not sure what to do with his inheritance money. He has tried researching online but is overwhelmed by the amount of information available.
Discuss the different sources of financial information and guidance that Mark could use.
(6)
Answer:
He could try searching up and booking a face-to-face meeting with an advisor, law firm, or lawyer. Government and federal agencies also help make tough decisions relating to inheritance money.
Smokecity, Inc., manufactures barbeque smokers. Based on past experience, smoke city has found that it’s total annual overhead costs can be represented by the following formula: overhead cost = $543,000 + $1.34x, where x equals number of smokers. Last year, smoke city produced 20,000 smokers. Actual overhead costs for the year were as expected. What is the total fixed overhead cost incurred by smokecity last year?
Answer:
569800
Explanation:
Assume that the pricing manager discovered that more seats went unsold for tuesday night games than for any other night of the week, indicating a lower demand for soccer tickets on tuesdays. The la galaxy could lower the ticket price for future tuesday night games to avoid:.
The la galaxy could lower the ticket price for future tuesday night games to avoid idle production capacity.
What is idle production capacity?
Idle production capacity occurs when the supply of an item exceeds its demand. As a result, there would be a surplus of supply and some of the products would not be utilised by consumers.
To reduce idle production capacity, prices can be reduced. This is because price is inversely related to quantiy demanded.
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What is the difference between carriage forward and carriage paid?
Answer: carriage forward means delivery is being laid by the buyer. Carriage paid means delivery is paid by the seller.
Lara uses the standard mileage method for determining auto expenses. During 2021, she used her car as follows: 18,400 miles for business, 3,680 miles for personal use, 5,520 miles for a move to a new job, 1,840 miles for charitable purposes, and 920 miles for medical visits. Presuming that all the mileage expenses are allowable (i.e., not subject to percentage limitations), what is Lara's deduction for?
Assuming that all the mileage expenses are allowable Lara's deduction for are:
Business $10,304Medical $294.4Charitable $128.8DeductionUsing IRS mileage deduction rate for 2021
Deduction for business (56%)
Deduction for business= (18,400 x .56)
Deduction for business=$10,304
Deduction for medical (16%)
Deduction for medical= (1,840 miles x .16)
Deduction for medical=$294.4
Deduction for charitable (14%)
Deduction for charitable= (920 miles x .14)
Deduction for charitable=$128.8
Inconclusion Lara's deduction for are: Business $10,304, Medical $294.4 and Charitable $128.8.
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Vinodh Wants to access his credit report. he can get his credit report from three different agencies. which is NOT one of the credit reporting agencies?
Answer:
The answer is A-Monetarion
Explanation:
I just took the test:)
Monetarion is not one of the credit reporting agencies where Vinohd can get his credit report.
Who are the credit reporting agencies?These are businesses that specializes in the maintainance of historical credit information on individuals and businesses.
In the list given, the company named "Monetarion" is not one of the credit reporting agencies where Vinohd can get his credit report.
Therefore, the Option A is correct.
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Two companies are having a dispute over a broken real estate
contract. They argue the dispute in front of a neutral third
party, who makes a ruling in favor of one side. This is an
example of _____
O A. mediation
B. negotiation
C. arbitration
D. conciliation
Answer:
C. Arbitration
Explanation:
It heans to have an independent unbiased person settle a dispute
The two companies have a dispute over a broken real estate contract. They argue the dispute in front of a neutral third party, who makes a ruling in favor of one side. This is an example of arbitration. Thus option (C) is correct.
What is arbitration?Arbitration is a method of dispute resolution in which parties to a dispute agree to have their case heard and decided by one or more independent arbitrators, rather than by a court of law.
In arbitration, the arbitrators listen to evidence presented by both sides and make a binding decision based on the facts and the applicable law. Arbitration can be used to resolve a wide range of disputes, including commercial disputes between businesses, disputes between employers and employees, and disputes between individuals.
When the dispute of two companies is resolved by neutral third party is an example of arbitration. Therefore, option (C) is correct.
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Jordan needs to purchase a car. The car Jordan plans to purchase costs $15,000. Jordan has saved $3,000 to
use as a down payment for the car. Jordan is offered credit terms of 5% APR for 5 years
In one year, how much interest will Jordan pay on this loan?
In one year, the interest that Jordan will pay on a loan to purchase a car that costs $15,000 with a downpayment of $3,000 at 5% APR for 5 years is $600.
How is interest calculated?The interest can be computed using an online finance calculator for the 5 years period.
However, to calculate interest for one year, especially the first year, the loan amount is multiplied by the APR, as below.
Data and Calculations:Cost of car = $15,000
Down payment = $3,000
Car loan = $12,000 ($15,000 - $3,000)
APR = 5%
Loan period = 5 years
Interest for one year (first year) = $600 ($12,000 x 5%)
Thus, the interest for the first year is $600.
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To pursuer a career in business information management you need a degree or certification in
Answer:
business administration or business information management
Explanation:
The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:
Retained earnings balance at the beginning of the year $166,000
Cash dividends declared for the year 52,000
Net income for the year 99,500.
What is the ending balance for retained earnings?
Answer:
$213,500.
Explanation:
Retained earnings balance at the beginning of the year $ 166,000
- Cash dividends declared for the year 52,000
+ Net income for the year 99,500
When you shop online, most retailers collect personal information about you.
Group of answer choices
True
False
PB10-4 (Algo) Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3]
Marshalls Corporation completed a $540,000, 8 percent bond issue on January 1, 2021. The bonds pay interest each December 31 and mature 10 years from January 1, 2021.
Required:
For each of the three independent cases that follow, provide the amounts to be reported on the January 1, 2021, financial statements immediately after the bonds were issued
The amounts that would be reported on January 1, 2021, financial statements of Marshalls Corporation after the issuance of the bonds under these three independent cases are as follows:
Financial statements Case A Case B Case C
(Issued at 100) (Issued at 96) (Issued at 104)
a. Bonds Payable $540,000 $540,000 $540,000
b. Unamortized Premium
(or discount) $0 $21,600 $21,600
c. Carrying Value $540,000 $518,400 $561,600
Data and Calculations:Face value of bonds payable = $540,000
Bond interest = 7%
Bonds issued at par (at 100):
Face value of bonds payable = $540,000
Cash proceeds = $540,000
Unamortized premium (or discount) = $0 ($540,000 - $540,000)
Bonds issued at discount (at 96):
Face value of bonds payable = $540,000
Cash proceeds = $518,400 ($540,000 x 96%)
Unamortized discount = $21,600 ($540,000 - $518,400)
Bonds issued at premium (at 104):
Face value of bonds payable = $540,000
Cash proceeds = $561,600 ($540,000 x 104%)
Unamortized premium = $0 ($561,600 - $540,000)
Question Completion:Marshalls Corporation completed a $540,000, 7 percent bond issue on January 1, 2021. The bonds pay interest each December 31 and mature 10 years from January 1, 2018.
Required: For each of the three independent cases that follow, provide the following amounts to be reported on January 1, 2018, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.) January 1, 2018—Financial statements Case A (Issued at 100) $ 650,000 Case B (at 96) 650,000 Case C (at 104) 650,000 $ $ a. Bonds Payable b. Unamortized premium (or discount) c. Carrying Value
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Why is sea transport particularly important to the Caribbean?
Answer:
Transportation is recognised to be an inherently crucial component in supporting economic activities as well as providing opportunities for economic development. The provision of transport infrastructure has long been a common priority for governments, as the region has long been considered to be lacking in this area
Explanation:
Big brain
Swifty Corporation purchased a new machine on October 1, 2022, at a cost of $115,000. The company estimated that the machine will have a salvage value of $10,500. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Compute the depreciation expense under straight-line method for 2022. 2022 Depreciation expense $enter depreciation expense amount in dollar
The depreciation expense under straight-line method for 2022 is $5225.
What is the depreciation expense?The straight-line depreciation allocates the depreciation expense evenly over the useful life of an asset.
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(115,000 - $10,500) / 5 = $20,900
Depreciation expense in 2022 = 3/12 x 20,900 = $5225
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What is the difference between the distribution and the consumption of an item?
A. One deals with the creation of an item; the other deals with the use of an item.
B. One deals with transporting the item from where it was produced to the location where it will be sold; the other deals with the consumer's use of the item after purchase.
C. One deals with deciding how much to charge for an item; the other deals with reconstructing the item in another format.
D. One deals with the creation of an item; the other deals with the transportation of the item from where it was made to where it will be sold.
Answer:
A. One deals with the creation of an item; the other deals with the use of an item.
Explanation:
Production means "To make" and consumption is putting to use of something.
Liana Amiri (single with no dependents) has the following transactions in 2021: AGI (exclusive of capital gains and losses) $540,000 Long-term capital gain 22,000 Long-term capital loss (8,000) Short-term capital gain 19,000 Short-term capital loss (23,000) Question Content Area a. What is Liana's net capital gain or loss
In this situation where Liana Amiri, who is single with no dependents, carried out the stated capital transactions in 2021, her net capital gain or loss is $0.
What is capital gain or loss?The capital gain or loss is the difference between the selling price and the cost or purchase price of an investment or property.
When the selling price is more than the cost, a capital gain arises. When the cost is more than the selling price, a capital loss arises.
Data and Calculations?AGI (exclusive of capital gains and losses) $540,000
Long-term capital gain $22,000
Long-term capital loss (8,000)
Net long-term capital gain = $4,000
Short-term capital gain $19,000
Short-term capital loss (23,000)
Net short-term capital loss $4,000
Thus, Liana Amiri's net capital gain or loss is $0 ($4,000 - $4,000).
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