...Business Forms: The Case of Bill and Darlene Bill and Darlene plan to go into business together. They anticipate losses in the first two or three years, which they would like to use to offset income from other sources. They also are concerned about exposing their personal assets to business liabilities. Write a short paper advising Bill and Darlene what business form you would recommend for them as they start up their business. State any assumptions you make. Bill and Darlene’s concerns; as they consider the type of business form to assume are very legitimate and are very important things to consider. Entrepreneurs have certain goals when choosing a structure for their business these includes protecting their personal assets from business claims that is; limited liability and having business profits taxed on their individual tax returns. The recommendation for Bill and Darlene would be an S corporation. An S corporation is a regular corporation that has elected S corporation tax status. Forming an S corporation allows for the limited liability of a corporate shareholder; however income taxes are paid based on a structure of a sole proprietor or a partnership. In an S corporation, all business profits pass through to the owners, who report them on their personal tax returns as with a sole proprietorships, partnerships, and LLCs. An S corporation is not required to pay income tax but an S corporation with more than one owner an informational tax return must be filed as is...
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...Analysis of Credit Card Debt Darlene Rivas Argosy University MAT 109 Professor Morris October 21, 2015 Abstract Our best intentions are to provide and ensure that potential credit card consumers are taking a double look and thinking twice before signing a contract from a banker. There are fine prints in contracts, in which inexperienced consumers miss nearly all the time. In this report, consumers will learn how to formulate the annual percentage rate, determine their monthly payment and principal, interest fees that will be applied their monthly payment. There are useful tips to ensure they will be educated in making the right decisions, and determining which plan works out best for them to prevent further debt. Analysis of Credit Card Debt If a consumer has a credit card with a balance of $5,270.00 with an annual interest rate of 15.53%, they will have to pay a minimum of 2% to the entire balance. Their monthly fee will be $105.40 towards the credit card. Furthermore, $68.20 would go towards the interest, and $37.20 towards the principal. This means that it will take a consumer over 11 years to pay off the principal off to the credit card balance. Assuming that the interest is on a fixed rate, and will not fluctuate throughout the course of time, a consumer would have to contribute an additional $100 towards the principal for the next 5 years, in order to cut the time in half towards paying off the balance. Darlene currently has a Capital One credit card...
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...Smoking At Work Phillip Singleton Business Ethics 309 May 26, 2012 Professor Problems With Smoking At Work At Redwood Associates, a situation developing involving three employees Darlene, Frank and Alice. Darlene was sickened by the smell of old cigarette smoke in Frank and Alice’s office, in which, she had to complete a report that was past due. As a result, Darlene took the issue up with her supervisor, Charles, to no avail, because the law did not prohibit harmless offensive odors in the workplace. Next, Darlene demanded that Frank and Alice should quit smoking altogether, but Charles said that the company could not force them to quit. She then delivered an ultimatum saying if she had to go into the room to do the past due report then she is “simply not going to do it“(Shaw, 2010). Charles was taken aback by Darlene’s request, and was faced with the dilemma of her not finishing the vital report if he did nothing about the odor. Unfortunately, not much could be done to alleviate the smell in that time span, and had policies already been in place to prevent such an instance, this problem could have been avoided. In hindsight, Redwood Associates should consider putting policies in place that would allow smoking in designated areas outside of the building. Changing company policies for the benefit of health is important, but organizations must be careful not to infringe someone’s personal rights. Handling this situation from Charles’s perspective...
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...allows human beings to breathe air that is not polluted by cigarette smoke. This allows them to enjoy life without the second hand smoke that can cause health issues as they grow and develop in life. Explain how you would handle this situation if you were Charles Renford. It is the manager’s duty, and responsibility at a company or organization to listen to both sides of a concern in the workplace. In the case where Charles Renford’s position as a supervisor at Redwood Associates, an employee felt strong enough to complain about smoke in the work place, he should address the complaint with all employees involved directly. The odor of smoke was strong enough that Darlene, the employee came to the supervisor, Charles Renford with a complaint about the smoke in the main file room. Charles Renford reminded Darlene, “that although the law in their state requires companies to provide a smoke-free work area for employees that desire it, it doesn’t force companies to ban smoking altogether” (Shaw, 2010, p. 339). Looking at the company and keeping the morale up in the workplace, all areas need to be observed so that it benefits all employees in the work environment. By giving certain employees permission to smoke in their designated work area, and then expecting other employees that do not smoke to go into their work area for a certain length of time, is...
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...COURSE PROJECT Kourtney F. Scism DeVry University Health Services Info Systems Week 7 Course Project Table of Contents Preliminary Title Page ……………………………………………………………………………………………..……………..1 Table of Contents2 Executive Summary………………………………………………………………………................................3 Overview and Brief History 3 EHR Successful Statistics……………………………………………………………………………………………….…4 Benefits Outlined………………………………………………………………………………………………………….….5 Software Support Summary6 OfficeWyse……………………………………………………………………………………................................7 CallWyse……………………...………………………………………………………………………………….…..7 MobileWyse………………………………………………………………………………………………………...7 Finance Wyse………………………………………………………………………………………………………7 Personal Experience & Advantages/Disadvantages…..……………………………………….8-9 Cost Analysis ………………….…..……...............……………...…………………………………………….10 IT Requirement’s & Conclusion………………………….…………………………………....…….…...11 Works Cited………………….…..…………………………………………..........................................12 Executive Summary HealthWyse is an electronic software company that offers three lines of service to homecare organizations including home health, hospice and private duty. The platform provides secure mobile access to scheduling, documentation and billing functions. The program focuses on increasing agency’s revenue, reducing adverse events and promises to streamline homecare services. The array of features HealthWyse offers is ideal for homecare...
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...Operations Decision Students Name ECO 550 Managerial Economics & Globali Professor: NAME Date: 19-July-2012 Operations Decision This paper will describe the details of a fictitious business and will assess the current environmental scan factors while determining the factors that will have the greatest impact on plant operations and management’s decision to continue or discontinue operations. Thirdly, this paper will evaluate the financial performance of the company using the information provided in the scenario; consider all key drivers of performance, such as company profit or loss for both the short term and long term. Also, it will recommend how the company can improve its profitability and develop a brief plan to implement the recommendations. Lastly, this paper will assess the circumstances in which the company should discontinue operations while providing a rationale with its reasoning’s. Describe the details of the fictitious business that is created for this assignment Edmonds Equipment Inc (EEI) headquartered in Richmond, Virginia is a leading provider of consumer, business-to-business, and industrial digital imaging solutions. Edmonds products include: cameras, binoculars, camcorders, printers, scanners, calculators, facsimile machines, office software, and projectors. EEI currently employs 150 workers and has hired a consultant to offer some advice that will help it make a decision as to whether it should...
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...Joseph Lockaby Professor Bill Lolius Assignment #2 Case 8.4 Old Smoke BUS 309 November 27, 2011 Old Smoke This is case regarding smokers and non-smokers in the workplace. Smokers are entitled to smoking rights while non-smokers are entitled to their rights. Can a company infringe on the rights of smokers verses non-smokers and how will this affect the productivity of the workers? This will be discussed in this the questions that are asked in this case and what how smoking and non-smoking employees can affect the outcome of a company's business. How I would deal with this situation is; I would ask the Alice and Frank if they could find the reports that are needed to do the research. Then I would ask Darlene if they gave her the reports and she did not have to be in the file room, would she be able to do the research? I would then tell the employees that we are going to have to change the smoking policy in the office. The smoking policy that I would implement for this small office is no smoking in the office common areas. This includes the file room. The reason being is that the company is to provide a smoke free work area to the employees who do not smoke. This being a small office it is hard to get the smell of the smoke out. I am not saying that the office has to become smoke- free, however, the office filers may have to step outside when time permits for them to take a smoke break. Most offices have a place where they send the smokers to enjoy...
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...McDonald sister, Darleen inherited the home when they passed away. Mr. McDonald and his sister lived in the home until she moved in with a boyfriend. According to Mr. McDonald, he was unable to pay the bills when she moved because he lost his job as a security guard and has been unable to find work. The home has been without electricity or water for about 2 years. He has a generator he uses during the winter month and the neighbor lets him use her water. When asked about looking for a job he stated he was unable to renew drive license because of having cataracts and needing glasses. However, at the residence, there were two trucks and a Harley Davison Motorcycle parked inside the carport. When questioned about whose vehicles he stated they belonged to him but he only drove if it were an...
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...Darlene Couture Lgl, Poli, Ethcl Dimns of Busn Professor: Louis Pearsall 01/19/2013 HB119 Personal Injury Protection (PIP) for Auto Insurance Fraud General Bill by Economic Affairs Committee and Insurance & Banking Subcommittee and Boyd (CO-SPONSORS) Albritton; Broxson; Costello; Horner; Tobia; Wood | Motor Vehicle Personal Injury Protection Insurance: Revises conditions for completing long-form traffic crash report; provides that certain entities exempt from licensure as health care clinic must nonetheless be licensed in order to receive reimbursement for provision of PIP benefits; requires that application for licensure, or exemption from licensure, as health care clinic include statement regarding insurance fraud; specifies additional unfair claim settlement practice; authorizes Division of Insurance Fraud of DFS to establish direct-support organization for purpose of prosecuting, investigating, & preventing motor vehicle insurance fraud; specifies effects of Florida Motor Vehicle No-Fault Law. | Effective Date: July 1, 2012 | Last Event: Chapter No. 2012-197; companion bill(s) passed, see CS/CS/HB 1101 (Ch. 2012-151) on Sunday, May 06, 2012 8:42 PM | Date Available for Final Passage: Tuesday, March 13, 2012 6:19 PMhttp://www.myfloridahouse.gov/Sections/Bills/billsdetail.aspx?BillId=47180 | 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation...
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...Axia College Material Appendix D The following table describes five situations in which a person reacts to stress in an unhealthy manner. For each: a. identify the stressor(s). b. briefly explain why the person's reaction is an unhealthy choice. c. briefly describe one healthy alternative way of reacting and why you consider this approach a healthy choice. d. identify two possible moderators of stress for this situation. |Situation |Source(s) of Stress |Unhealthy Reaction |Healthy Reaction |Two Possible Moderators | | | | | |of Stress | |Every morning, as she prepares for her |Daily hassle, pain |Carole has become |Other methods such |Leave earlier so that | |two-hour drive to work, Carole gets a |and discomfort, |overwhelmed with the|as meditation or |time is not an issue as | |headache. |frustration, |thought of the long |happy thoughts could|she drives the two hour | | |psychological |drive to the point |be used instead of |commute. | | |barrier |that she is unable |all the negative | | | | |to stay calm. |thoughts of the ...
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...possibility that the first digit of a set of numbers that should follow Benford’s law is 1, 2, or 3 is approximately 60%. 30% of the 60% is just for the probability of the first number being 1. Because only the first number should be affected by a higher percentage of 1, 2 or 3, this means that the ending numbers should be evenly spread percentage wide. You should be alarmed if you see any significant spikes in data for the ending digits. This may mean that the numbers are being Spikes in graphs may be explained by artificial alterations or things like rounded numbers. There may be fixed numbers that always turn out to be rounded numbers. Let’s say for example that you receive a bill every month from your internet provider. It is highly unlikely that your bill would vary from month to month. You would more than likely have a fixed cost that is set at a rounded number. It wouldn’t be a red flag to see a cost for $2,500 every month...
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...The Great Awakening The Great Awakening was the evangelical revival in America during the 18th Century that lasted for thirty years. The Awakening combined unsophisticated mass evangelism with the Enlightenment. In 1842, Joseph Tracey came up with the term “Great Awakening.” This widespread social movement grew because of dissatisfaction in the White American community. The community had a deterministic and formalistic Protestantism style, which denied a lot of people salvation. Basing on the fact that America was a Protestant nation; the Anglican Church purged emotional Christian Faith. Christianity at that time in America was ceremonial. The Great Awakening, following a new commitment that dictated religion in the heart- a personal and emotional Christianity, united the American people. John Edwards, a Congregationalist in western Massachusetts, began a participatory and emotional ministry that purposed to bring more followers to the church. This ministry began in early 1730s. Edwards became a remarkable intellectual personality in America whose main message was love. He believed love was fundamental for any religious experience. Remembered through his encouraging wisdom; one should do Good, live a Godly life and at the same time assist others in attaining the same. Later in the same decade, an Englishman George Whitefield together with John Wesley, carried the evangelical Christianity style to the colonies in the mainland and founded the Methodist Church. Whitefield’s sermons...
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...IT Infrastructure of NEI Newman Electric Inc. Information Technology Decisions By: Darlene Brown 10-27-2013 Introduction Newman Electric in Clovis, New Mexico has been in service for over 58 years. It started business in 1955 in Clovis, New Mexico. The nature of Newman Electric business is the service and repair of electric equipment, agricultural systems, controllers, and Industrial services. Newman Electric specializes in agricultural, irrigation systems, and motors. Today it has between eleven and fourteen employee’s services its customers. Their base service is spread out over north and east central New Mexico and West Texas. Newman Electric has been serving the farms, dairy, and feed lots of this area with expert in agricultural, industrial, and commercial electrical services. Newman Electric is one of only a few Electric company in Clovis that services agricultural systems, controllers for the farms and dairy, feed lot companies around central New Mexico and West Texas. A few of the services that Newman Electric specialize in are irrigation equipment replacements, city systems, city controls for water, city mechanical Systems, and feed lots services. . At Newman, they take care of the customer and build a long standing relationship. Newman Electric includes the following personnel: 2-owners Gene and Cleaun Newman 1-manager 1-bookkeeper 1-receptionist 1-warehouse manager 6-electrician 1-assistant to the electrician Newman...
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...Prison Downsizing Implementation in New York State Darlene R. Muller Policy Implementation: Spring 2013 New York State has been in financial crisis for a long time. Numerous plans, policies and budget cuts have been proposed and enacted to attempt to save money, and no public service or government agency has been overlooked. One of areas where most attention is drawn is to the corrections system. A large portion of New York’s budget is spent on housing, supervising, and rehabilitating inmates. There are many who believe this is wasteful, but what is the solution to the dilemma? Public safety must be ensured, as well as the rights the inmates and accused are entitled to. There are two sides to this problem. There are vast amounts of money spent upon this system, however it also is one of the main sources of employment for those located in the areas that contain these facilities. The loss of jobs and revenue within these areas must be comparable to the savings involved. There is no question policy changes must be made, as the prison population continues to grow and budget constraints are an issue in every state. As policies are enacted to become tougher on crime, the need for corrections services increases. Legislation and policy change has had some success in other states. Kansas had an overwhelming problem with prison population and budget restraints throughout the last few decades. (Rengifo, 2010) At first, with increased prison capacity, in the 1980’s, Kansas...
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...Mary McLeod Bethune Mary McLeod Bethune was a motherly figure to her people that consumed the majority of her lifespan cultivating and toiling to certify that African-Americans received the humanoid entitlements and basic rights they deserve. She was an activist, philanthropist, guide, and an educationalist that devoted many decades to battle for civil rights and enhance the African-American community. She was a firm believer that the key to battle misfortunes and hardships that were enfeebling African-Americans was tutelage and education. Bethune undertook and triumphed voluminous superb responsibilities in order to make a significant, encouraging influence on humanity and elevate her community. Bethune was conceived July 10, 1875 in Mayesville, South Carolina to Samuel and Patsy McLeod, who were former slaves that attained land once they were unchained from enslavement. Mary Jane McLeod Bethune was the fifteenth of seventeen children and grew up in a home chock-full of destitution and paucity. Since she was a child, she toiled on the cotton field and assisted her mother with doing laundry for white folk. The poverty that her family endured prevented her from pursuing an education. Bethune went through an occurrence that stimulated her to break the cycle in her community and befit into a cultivated African-American woman. While distributing the laundry she washed with her mother to a white client, Bethune picked up a book and began to look at it. A white child became infuriated...
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