...The purpose of this tax research problem is to solve the following scenario presented by Rupert, Pope, & Anderson: “Mark Hancock is a self-employed attorney who operates his law practice as an unincorporated sole proprietorship. In 2012, the IRS disallowed several business deductions he took in 2010 and 2011. In addition to paying the deficiency and assessed penalties, he also pays $18,000 in interest on the tax owed. Can he deduct that interest in the current year?” (p. 7-45). This is a highly controversial subject that has been contested many times over the years. “Prior to the Tax Reform Act of 1986, the tax court in several cases had deemed an income tax deficiency to be an ordinary and necessary business expense for purposes of determining a taxpayer's adjusted gross income, net operating loss carryover, and net operating carryback, so long as that deficiency was attributable to the ordinary operation of the taxpayer's business” (Rovner, 2015, para. 6). Therefore, businesses could deduct the interest they paid for IRS penalties from previous years as a business expense before 1986. The decision of whether or not a business could deduct interest incurred as a result of IRS imposed penalties was brought to the spotlight in the 1990’s. “On their income tax returns for 1992 and 1994, Nick and Helen Kikalos deducted as a business expense the interest they paid on tax deficiencies that had been assessed for prior years. The Internal Revenue Service disallowed the deduction...
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...Mark Hancock, a self-employed attorney owns his own law practice as an unincorporated sole proprietorship. Hancock is having to pay $18,000 in interested on tax that he owes because in 2012 the IRS disallowed several business deductions that he used in 2010 and 2011. He is now having to pay the deficiency, assessed penalties, and $18,000 in interest on the tax he owed. Mark Hancock is wondering if he can deduct the interest he owes in the current year. Sec 162 states “Section 162(a) allows a deduction for all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business. Section 262, however, provides that no deduction is allowed for personal, living, or family expenses.” Sec. 163 states “There shall be allowed as a deduction all interest paid or accrued within the taxable year on indebtedness”. The case Kikalos v Comm., in 1997 Nick and Helen Kikalos underreported their income and they owed more than tax then they had paid. They petitioned with the court to deduct their interest payments from the previous years that was filed incorrectly. They owed more than $300,000 from penalties. The court denied their request because it is a personal expense not a business expense because underpayment does not constitute as a business expense. Even though Mark Hancock’s interest of $18,000 is in relation to his business, it is considered non-deductible personal interest because it was an underpayment that was owed due to filing his...
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...The Big Book of Huddle Energizers Ideas to enliven your huddle Contributed by employees of Citibank Singapore Table of Contents Service Value # 1 – Make Each Interaction Personal ................................................. 6 Energizer: Hebrew Numerology ................................................................................... 6 Energizer: Brain Teaser ............................................................................................... 9 Energizer: Human Treasure Hunt............................................................................... 10 Energizer: Secret Hat Trick ........................................................................................ 11 Energizer: Accentuate the Positive............................................................................. 11 Energizer: Name Game.............................................................................................. 11 Energizer: Heart to Heart ........................................................................................... 11 Energizer: Guess my Body Language ........................................................................ 11 Energizer: How to Say Hello in Different Languages ................................................. 12 Energizer: Good Morning Game ................................................................................ 12 Service Value # 2 – Maintain A Professional Image ...................................................
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... TM Now wait for 45 seconds. 30 15 Let’s do it! 1. 6. - Click once when ready. seconds left 20 35 42 41 43 44 45 2 1 3 4 5 2. 3. 4. 5. - 7. That was 8. easy! 9. 10. © Tim Pettry, 2008 Take 45 seconds to memorize these new symbols for the numbers 1 – 10. X TM Write down as many of the new symbols as you can remember? Click when ready To check answers © Tim Pettry, 2008 TM Check your answers 1. 6. - 2. 3. 4. 5. © Tim Pettry, 2008 7. 8. 9. 10. - X Click to discuss when ready TM Click Discussion How many people got all 10 symbols correct? 9? 8? 7? 6? 5 and below? Were you distracted by the countdown on the left? Are there ever distractions when we are trying to learn? © Tim Pettry, 2008 TM Click Discussion continued Which symbols do most people get right? 1 – due to repetition 10 – Its different and it represents the Roman numeral “10” 5 – Its different 7 – Its similar to the number 7 Most people look for a pattern and have difficulty finding it in a short amount of time. We are looking at the pieces rather than the whole. This is sometimes referred to as “Silo Thinking” © Tim Pettry, 2008 TM Now, for you linear thinkers… Click 1 2 3 4 5 6 7 8 9 10 X...
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...required to meet monthly demand | 1800 x 5 = 9000 | 1500 x 5 = 7500 | 1100 x 5 = 5500 | 900 x 5 = 4500 | 1100 x 5 = 5500 | 1600 x 5 = 8000 | | Hours produces by an operator per month | 22 x 8 = 176 | 19 x 8 = 152 | 21 x 8 = 168 | 21 x 8 = 168 | 22 x 8 = 176 | 20 x 8 = 160 | | Workers required per month | 9000 / 176 = 51 | 7500 / 152 = 49 | 5500 / 168 = 33 | 4500 / 168 = 27 | 5500 / 176 = 31 | 8000 / 160 = 50 | | Aggregate planning | Workers used | 27 | 27 | 27 | 27 | 27 | 27 | | Workers hired | 0 | 0 | 0 | 0 | 0 | 0 | | Workers fired | 3 | 0 | 0 | 0 | 0 | 0 | | Units produced | 27*22*8 /5 = 950 | 27*19*8 /5 = 821 | 27*21*8 /5 = 907 | 27*21*8 /5 = 907 | 27*22*8 /5 = 950 | 27*20*8 /5 = 864 | | Monthly inventory | 0 | 0 | 0 | 7 | 0 | 0 | | Units subcontracted | 1800 – 950 =850 | 1500 – 821= 679 | 1100-907 =193 | 0 | 1100-957 =143 | 1600-864=736 | 2601 | Full cost | Labor cost | 27*22*8*$4 =19000 | 27*19*8*$4 =16420 | 27*21*8*$4 =18140 | 27*21*8*$4 =18140 | 27*22*8*$4 =19000 | 27*20*8*$4 =17280 | 107980 | Material costs | 95000 | 82100 | 90700 | 90700 | 95000 | 86400 | 539900 | Hiring cost | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Firing cost | 3 x $250 = 750 | 0 | 0 | 0 | 0 | 0 | 750 | Inventory carrying cost | 0 | 0 | 0 | 11 | 0 | 0 | 11 | Sub contracting cost | 106250 | 84875 | 24125 | 0 | 17875 | 92000 | 325125 | Total cost | 221000 | 183395 | 132965 | 108851 | 131875 | 195680 | 973766 | Minimum workforce with sub contracting strategy...
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...reading binary. Using a 7-segment display we are able to achieve that by converting the BCD value into a 7 bit output. The 7-segment display has 7 LEDs and a certain amount of voltage triggers each of the 7 segments to produce a decimal number. Procedure 1. Create a truth table for your 4 bit input and the corresponding output necessary to light the proper segments of the display. For example, if the input is represented by WXYZ and the output is identified as ABCDEFG then if the input is 0000, all outer LEDs should be lit while the middle LED should be off. Once you create the rows in a truth table for the other 9 combinations, find the function for each segment. 2. Depending on whether you are dealing with more 0s or 1s, choose NAND or AND gates to implement each segment function. 3. Wire the input DIP switches to the decoder input. Note that you have 2 3x8 decoders. You will need to use the inputs and enable lines to combine them in order to implement these 7 functions. 4. Wire the NAND or AND gates to the proper outputs of the decoders in order to implement the functions for each segment. 5. Wire the outputs of the gates to the proper pin on the 7-segment display (refer to the datasheet for the 7-segment display you are using and remember to use a resistor instead of a jumper. 6. Attach 5V to both common anode pins of your 7-segment display (refer to the datasheet for the 7-segment display you are using). 7. Demonstrate number 0-9...
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...— An accounting charge related to Microsoft’s ill-fated acquisition of an online advertising business led to a loss for the software giant’s last quarter, its first in more than two decades as a public company. Related * Times Topic: Microsoft Corporation But while that loss can be played down as an anomaly for a company that has been a reliable moneymaker for decades, weak sales in Microsoft’s Windows business cannot. Microsoft said on Thursday that its revenue from Windows fell 13 percent in the fiscal fourth quarter, which ended June 30. Windows sales looked worse than they really were in part because Microsoft had to change how it recognized that revenue because of an offer it has extended to people who buy PCs running Windows 7. Under that offer, users can pay $14.99 to upgrade to Windows 8 when it comes out in October. If Microsoft had not had to defer a portion of its Windows sales — $540 million in this case — its Windows revenue would have declined 1 percent, still a dismal performance that underscores the challenges in the traditional computer business right now. Sales in the PC market have stagnated as consumers have diverted their technology spending to more exciting technologies, including smartphones and tablet computers like the iPad. Microsoft and other companies in the PC industry are hoping to reignite growth in the business with the release of Windows 8, an operating system that has been revamped to work better on touch-screen devices. The blockbuster...
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...1 i CASE STUDY ~ SEVEN-ELEVEN JAPAN CO. Established in 1973, Seven-Eleven Japan set up its first store in Koto-ku, Tokyo, in May 1974. The company was first listed on the Tokyo Stock Exchange in October 1979. In 2004 it was owned by the Ito-Yokado group, which also managed a chain of supermarkets in Japan and owned a majority share in Southland, the company managing SevenEleven in the United States. Seven-Eleven Japan realized a phenomenal growth between the years of 1985 and 2003. During that period, the number of stores increased from 2,299 to 10,303; annual sales increased from 386 billion to 2,343 billion yen; and net income increased from 9 billion to 91.5 billion yen. Additionally, the company's return on equity (ROE) averaged around 14 percent between 2000 and 2004. In 2004, Seven-Eleven Japan represented Japan's largest retailer in terms of operating income and number of stores. Customer visits to Seven-Eleven outlets totaled 3.6 billion that year, averaging almost 30 visits to a SevenEleven annually for every person in Japan. COMPANY HISTORY AND PROFILE Both Ito-Yokado and Seven-Eleven Japan were founded by Masatoshi Ito. He started his retail empire after World . War II, when he joined his mother and elder brother and began to work in a small clothing store in Tokyo. By 1960 he was in sole control, and the single store had grown into a $3 million company. After a trip to the United States in 1961, Ito became convinced that superstores...
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...70-680 Exam 70-680 Title TS: Windows 7, Configuring Updated Product Type Version: 10.3 106 Q & A with Explanation “Best Material, Great Results”. www.certkingdom.com 1 70-680 QUESTION 1 You work as a desktop support technician at ABC.com. The ABC.com network consists of a single Active Directory domain named ABC.com and includes a Direct Access infrastructure. ABC.com has purchased a new laptop named ABC-WS680. You join ABC-WS680 to a domain after performing a clean installation Windows 7. How can you make sure the connectivity to the domain from ABC-WS680 using Direct Access connections? A. By installing a computer certificate on ABC-WS680. B. By disabling User Account Control (UAC) on ABC-WS680. C. By modifying the network connection properties on ABC-WS680. D. By adding the computer account for ABC-WS680 to the RAS and IAS Servers group in the domain. Answer: A Explanation: QUESTION 2 You work as a desktop support technician at ABC.com. The ABC.com network consists of a single Active Directory domain named ABC.com. The network contains a data file server named ABCSR03 which contains ABC_Data shared folder and running Windows Server 2008 operation system.. You have been assigned a client computer named ABC-WS680 running Windows 7 operating system. You need to ensure the availability of the files in ABC_Data share and maintain encryption even when ABC-SR03 has been disconnected from the network. How you can accomplish this...
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...Abstract We investigated normalized difference vegetation index data from the NOAA series of Advanced Very High Resolution Radiometers and found several regions in United States that experienced anomalies over the course of the past 25 years. Our tasks consist of investigating and understanding the drivers of the anomalies in the Midwest forests of Minnesota and Wisconsin. 1. Introduction Forests are known to absorb and sequester carbon dioxide of the atmosphere through the photosynthesis process. Globally forests contain 90% of the total vegetative carbon and 80% of the soil carbon and they assimilate 67% of the total terrestrial carbon dioxide (CO2) sequestered from the atmosphere (Landsberg and Gower, 1997). Hence this process is very essential in mitigating the global climate change. However this carbon is release into the air once the trees die from disease or cut down. The Advanced Very High Resolution Radiometer (AVHRR) Normalized Difference Vegetation Index (NDVI) is indicating a continuous disturbance in the forested area of Wisconsin and Minnesota (Neigh et al., 2008). Although a number of recent studies have found marked variations in NDVI throughout the Northern Hemisphere, they have not attributed these changes to regional factors that may include natural disturbances and/or human alterations to ecosystem functioning ([Gong and Shi, 2003], [Slayback et al., 2003], [Tucker et al., 2001] and [Zhou et al., 2001]). It is important to identify and quantify...
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...President Chain Store Corporation 2011 CSR Report President Chain Store Corporation 2011 CSR Report www.7-11.com.tw 7-ELEVEN 2011 CSR REPORT Content About This Report h i s re p o r t e n c o m p a s s e s t h e v i e w s a n d strategies of President Chain Store Corp. (PCSC) concerning key issues of sustainability in the retail industry and displays our current results and future plans, thereby providing a channel to communicate with our stakeholders. Meanwhile, we view this report as a strategic means of self-review and –assessment so that all results will produce a rolling multiplier effect, gradually achieving the ultimate goal of a happy enterprise and society. The 2011 Corporate Social Responsibility (CSR) repor t is the first to be issued by the PCSC in accordance with the Global Report Initiative’s thirdgeneration criteria (GRI G3). Its contents are based primarily on data from 2009 to 2010 (from Jan. 1st, 2009 to Dec. 31st, 2010), with B-Level application status and organization boundaries established according to the consolidated-statement principle. The primary scope of the performance presented in the current report is limited to PCSC operations in Taiwan. Data from other subsidiary companies are expected to be included gradually in future reports so as to present more complete information and carry out the verification of report. Content • Reporting Principles The core of this 2011 President Chain Store Corp. CSR report is ”Happiness,” with a...
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...Windows ® XP FOR DUMmIES by Andy Rathbone ® HUNGRY MINDS, INC. New York, NY N Cleveland, OH N Indianapolis, IN N Foster City, CA Windows ® XP For Dummies® Published by Hungry Minds, Inc. 909 Third Avenue New York, NY 10022 www.hungryminds.com www.dummies.com Copyright © 2001 Hungry Minds, Inc. All rights reserved. No part of this book, including interior design, cover design, and icons, may be reproduced or transmitted in any form, by any means (electronic, photocopying, recording, or otherwise) without the prior written permission of the publisher. Library of Congress Catalog Card No.: 2001092737 ISBN: 0-7645-0893-8 Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 1B/TQ/QY/QR/IN Distributed in the United States by Hungry Minds, Inc. Distributed by CDG Books Canada Inc. for Canada; by Transworld Publishers Limited in the United Kingdom; by IDG Norge Books for Norway; by IDG Sweden Books for Sweden; by IDG Books Australia Publishing Corporation Pty. Ltd. for Australia and New Zealand; by TransQuest Publishers Pte Ltd. for Singapore, Malaysia, Thailand, Indonesia, and Hong Kong; by Gotop Information Inc. for Taiwan; by ICG Muse, Inc. for Japan; by Intersoft for South Africa; by Eyrolles for France; by International Thomson Publishing for Germany, Austria and Switzerland; by Distribuidora Cuspide for Argentina; by LR International for Brazil; by Galileo Libros for Chile; by Ediciones ZETA S.C.R. Ltda. for Peru; by WS Computer Publishing Corporation, Inc...
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... money has a tendency to flow to the products that make our lives the most enjoyable. Three of the most notable advances in computer history are servers (formerly known as mainframes), Microsoft Windows, and the Linux operating system. Each one in its own right could fill volumes. However, the objective of this paper is to simply highlight a few of the most prominent features each of these advances has to offer. We will start with the most notorious MS Windows®. Microsoft has been in the computer industry for many years, and it is one of the most well-known companies worldwide, the majority of the operating systems these days are from Microsoft. Windows 7 was a fast selling operating system, historically sold more than 240 million around the globe. Users could tell very fast that Windows 7 was easy to use, it was indeed Microsoft newest and most powerful operating system, it works with...
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...New Horizons Computer Learning Center of Cincinnati OFFICIAL MICROSOFT LEARNING PRODUCT 10174A Lab Instructions and Lab Answer Key: Configuring and Administering Microsoft® SharePoint® 2010 New Horizons Computer Learning Center of Cincinnati Information in this document, including URL and other Internet Web site references, is subject to change without notice. Unless otherwise noted, the example companies, organizations, products, domain names, email addresses, logos, people, places, and events depicted herein are fictitious, and no association with any real company, organization, product, domain name, email address, logo, person, place or event is intended or should be inferred. Complying with all applicable copyright laws is the responsibility of the user. Without limiting the rights under copyright, no part of this document may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying, recording, or otherwise), or for any purpose, without the express written permission of Microsoft® Corporation. Microsoft may have patents, patent applications, trademarks, copyrights, or other intellectual property rights covering subject matter in this document. Except as expressly provided in any written license agreement from Microsoft, the furnishing of this document does not give you any license to these patents, trademarks, copyrights, or other intellectual property. The names...
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...Windows 7 Upgrade Instructions PSU52U PSU5EU PSMG2U PSMGDU Created: June 20, 2009 Final Revision: October 5, 2009 Revision 2.3 THE INFORMATION CONTAINED IN THIS DOCUMENT IS SUBJECT TO CHANGE WITHOUT NOTICE. © 2009 TOSHIBA America Information Systems, Inc. All rights reserved. TABLE OF CONTENTS TABLE OF CONTENTS ............................................................................................................................... 2 1 WINDOWS 7 UPGRADE HARDWARE INFORMATION .................................................................... 3 1.1 1.2 2 3 HARDWARE INFORMATION .............................................................................................................. 3 W INDOWS 7 MINIMUM REQUIREMENTS ............................................................................................ 3 RD TOSHIBA 3 PARTY SOFTWARE INFORMATION ......................................................................... 3 WINDOWS 7 UPGRADE HALT AND PAUSE INFORMATION .......................................................... 4 3.1 3.2 3.3 3.4 HALT OR PAUSE.......................................................................................................................... 4 W INDOWS 7 UPGRADE HALT ......................................................................................................... 4 W INDOWS 7 UPGRADE PAUSE ...................................................................................................... 4 LIST OF “KNOWN”...
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