Category: Business

What do people know that you may not? Why have certain decisions been made? Why are things happening the way that they are?At the actual meeting, only Ham and McCormack spoke, Why did everyone else remain silent? Why did they (or you) treat the strike foam in such a cursory fashion?

Olead 100 Write 3 Page Essay on Calvin Schomburg ( as you) and his role that played on Nasa Shuttle Accident as an engineer and meeting he attended.

Write 3 Page Essay on Calvin Schomburg ( as you) and his role that played on Shuttle Accident as an engineer and meeting he attended.

Topic/Question 1

What do people know that you may not? Why have certain decisions been made? Why are things happening the way that they are?

There were some critical decisions made during this meeting about the foam strike that occurred at the beginning of the mission, but why were these decisions made?

At the actual meeting, only Ham and McCormack spoke, Why did everyone else remain silent? Why did they (or you) treat the strike foam in such a cursory fashion?

What’s your perspective? Do you have serious concerns about the foam? Why or why not?” Start your response by introducing your character and providing a description of your role.

NASA that impacted the decisions made. You want to obtain information that is not accessible solely from the perspective of your role.

How do you distinguish between an individual who is employed and one that is self- employed?Why do people prefer self-employment rather than being employed, resulting in so many IR 35 cases?

Business Taxation

Question 1:
Linda’s income statement for the year ended 31 March 2021 is as follows:

Sales
Less: Cost of Sales
Gross Profit
Add: Rents receivable
Bank interest receivable
Profit on sale of non-current asset

Less: Wages and salaries
Business rates and insurance
Heating and lighting
Repairs and renewals
Telephone
Motor Expenses
Sundry expenses
Bad and doubtful debts
Credit card interest
Loss on sale of non-current asset
Depreciation
Net profit for the year
£ £
82,500
37,200
45,300
1,200
80
510 1,790
47,090
22,620
1,750
2,170
4,280
880
3,250
1,650
640
120
70
2,500 39,930
7,160

Notes:

a) Linda draws a salary of £250 per week from the business. This is included in the wages
and salaries figure.
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b) Repairs and renewals are as follows:

£
Decorating of business premises 380
Installation of new improved heating system 3,700
Minor repair 200
4,280

c) It has been agreed with HMRC that one-quarter of telephone costs and one-fifth of
motor expenses relate to private use.

d) Sundry expenses include business entertaining of£520.

e) Trade debts written off in the year amounted to £440 and £200 has been set aside as a
general allowance (or provision) for bad and doubtful debts.

Required:

Compute Linda’s tax adjusted trading profit (before capital allowances) for the year
ended 31 March 2021. (25 marks)

Question 2 :
a) How do you distinguish between an individual who is employed and one that is self-
employed? (19 marks)
b) Why do people prefer self-employment rather than being employed, resulting in so many
IR 35 cases? (6 marks)

Question 3 :
a) Discuss the six badges of trade with examples? (15 marks)
b) Briefly discuss the different VAT schemes available to the VAT registered business?
(10 marks)
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Question 4 :
On 23 August 2015, Peter made a gift of a house valued at £420,000 to his son, John. This
was a wedding gift when John got married. The nil rate band for the tax year 2015/16 is
£325,000.

Peter

Peter died on 20 March 2021 at which time his estate was valued at £880,000. Under the
terms of his will, Peter divided his estate equally, before inheritance tax, between his wife
and his son, John. Peter had not made any gifts during his lifetime except for the gift of the
house to John. Peter did not own a main residence.

John

John sold the house which he received as a wedding gift from Peter, his father, on 5April
2021. The following information relates to the property:

Net sale proceeds after costs of disposal
Cost of new boundary wall around the property (there
was previously no boundary wall)
Cost of replacing the property’s chimney

£
496,400

(5,200)
(2,800)

John has taxable income (after deduction of the personal allowance) of £13,950 in
2020/21. The house was never occupied by John.

Required:

a) Calculate the inheritance tax that will be payable as a result of Peter’s death.
(15 marks)
b) Calculate John’s capital gains tax liability for the tax year 2020/21.
(10 marks)

Guidance
Complete all the tasks in order. Consult with your tutor if you are uncertain about any aspect of the
assignment

When did you want to give up, but kept going instead? How do you celebrate growth (the process) and accomplishment (the product) in your life? In your educational journey?

Fixed Mindset vs. Growth Mindset

Assignment

Part 1 – Watch this Ted Talk by Carol Dweck – The Power of Believing That You Can Improve (10:13)
This video explains the fundamental differences between these two mindsets and their impact upon children. While you watch, pay particular attention to the outcomes of these two mindsets and when the video concludes, think about how these two mindsets play out in your life at home, at work, and at school. This might be a perfect time to apply new note-taking strategies

Part 2 – Read Fixed Mindset vs. Growth Mindset (Links to an external site.)
Read more specifics about the Growth Mindset and how to cultivate your own Growth Mindset. This might be a perfect time to apply new reading strategies!

Part 3 – Review The Fixed vs. Growth Mindset Infographic

Think about which tasks in your life are easiest to approach with a Growth Mindset and which get stuck in the Fixed Mindset. In which tasks do you need to extend more grace to yourself, while reminding yourself learning is a process?

Where do you need to enlist the help of others to maintain a Growth Mindset? Where (specifically) have you seen growth in your life over the last 5 weeks?

When did you want to give up, but kept going instead? How do you celebrate growth (the process) and accomplishment (the product) in your life? In your educational journey?

Part 4 – After watching, reading, thinking, and reflecting about these things, construct your response.
Based upon what you have heard, read, and seen, construct a 2-page paper with the following sections:

Like you, many students aren’t sure what recruiters look for in cover letters and résumés. Additionally, how are Web-based and e-mail versions of these documents different from hard-copy versions? Is a scannable résumé the same as a Web-based ver

Like you, many students aren’t sure what recruiters look for in cover letters and résumés. Additionally, how are Web-based and e-mail versions of these documents different from hard-copy versions? Is a scannable résumé the same as a Web-based ver

Create a box-plot for the “Annual Sales” variable. Does it look symmetric? Would you prefer the IQR instead of the standard deviation to describe this variable’s dispersion? Why?

Statistics Analysis

Conduct the following descriptive statistics analyses with Microsoft® Excel®. Answer the questions below in your Microsoft® Excel® sheet or in a separate Microsoft® Word document:

Insert a new column in the database that corresponds to “Annual Sales.” Annual Sales is the result of multiplying a restaurant’s “SqFt.” by “Sales/SqFt.”

Calculate the mean, standard deviation, skew, 5-number summary, and interquartile range (IQR) for each of the variables.

Create a box-plot for the “Annual Sales” variable. Does it look symmetric? Would you prefer the IQR instead of the standard deviation to describe this variable’s dispersion? Why?

Create a histogram for the “Sales/SqFt” variable. Is the distribution symmetric? If not, what is the skew? Are there any outliers? If so, which one(s)? What is the “SqFt” area of the outlier(s)? Is the outlier(s) smaller or larger than the average restaurant in the database? What can you conclude from this observation?

What measure of central tendency is more appropriate to describe “Sales/SqFt”? Why?

What is the “SqFt” area of the outlier(s)? Is the outlier(s) smaller or larger than the average restaurant in the database? What can you conclude from this observation?What measure of central tendency is more appropriate to describe “Sales/SqFt”? Why?

Statistics Analysis

In preparation for writing your report to senior management next week, conduct the following descriptive statistics analyses with Microsoft® Excel®.

Answer the questions below in your Microsoft® Excel® sheet or in a separate Microsoft® Word document:

Insert a new column in the database that corresponds to “Annual Sales.” Annual Sales is the result of multiplying a restaurant’s “SqFt.” by “Sales/SqFt.”

Calculate the mean, standard deviation, skew, 5-number summary, and interquartile range (IQR) for each of the variables.

Create a box-plot for the “Annual Sales” variable. Does it look symmetric? Would you prefer the IQR instead of the standard deviation to describe this variable’s dispersion? Why?

Create a histogram for the “Sales/SqFt” variable. Is the distribution symmetric? If not, what is the skew? Are there any outliers? If so, which one(s)? What is the “SqFt” area of the outlier(s)? Is the outlier(s) smaller or larger than the average restaurant in the database? What can you conclude from this observation?

What measure of central tendency is more appropriate to describe “Sales/SqFt”? Why?

Why or is it really the Compliance department responsibility? How to build up organizational resiliency?

Organisational Resiliency in connection with Financial Crime

Elaborate the Problem: It appears that every bank is struck by financial crime which makes a huge impact on reputation and its stock price not to talk about direct losses.

All banks have as per regulatory requirements compliance units, yet, it appears, that banks are hit unprepared.

Question: Why or is it really the Compliance department responsibility? How to build up organizational resiliency?