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You Decide Essay
…to buy the present. While at the mall, Coleman saw a ring that he really liked but could not afford. He decided to steal it. He then went to Jimmy’s Poor-Man’s Bar to meet with a client, John. Jimmy’s wasn’t a client of Coleman’s, but John didn’t like his customers to see him “doing business.” Coleman was talking with Jimmy about business when he spilled his drink all over the bar. That made him think about this cool trick where you put pure grain alcohol in your mouth, blow it out and light it. Coleman took a big drink, took out his lighter, and said, “Watch this!” He lit his lighter, blew the liquid and a fireball went through the room. The fireball hit Jimmy and killed him instantly. The bar also sustained a lot of damage. Software Inc. fired Coleman without even interviewing him to get his version of the events. Software Inc.’s handbook required all employees to be interviewed before termination. A week later, Coleman called John to make amends. When they met, Coleman said, “The company and I are so sorry about what happened. Let me take you out to dinner – Software Inc. will pay the bill.” They went to a restaurant, and instantly got into an argument because John told Coleman he was fat. Coleman punched John in the eye, causing severe eye damage. Jimmy’s mother (his only heir), John, and Jimmy’s Poor-Man’s Bar (which was owned by five men, including Jimmy), sued Software Inc. for the damage caused by Coleman. Coleman sues Software Inc….
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You Decide Essay
…Role/Assignment: Your role is to determine whether distributive or integrative negotiations will be preferred in this scenario between the job applicant and the supervisor, and respond to the questions regarding the other parties who have an interest in hiring the job applicant. Use the Worksheet to answer the questions related to this scenario. Each question is worth 20 points. Once you are finished, submit your assignment to the Dropbox. Questions: 1. What is the appropriate negotiation strategy that would be most advantageous for Sharon and Jim in this scenario, distributive or integrative bargaining? What are the factors that should be considered in making this determination? Answer: I believe the best negotiation strategy would be for Sharon and Jim to consider using Integrative bargaining. Because Jim does bring many positives to the bargaining table. If they seriously intend to land this talented new hire, they better offer him something better than they are proposing. I believe I would use Integrative bargaining in this situation if I was supervisor or manager. 2. What factors do you feel will contribute to the Accounting Supervisor and her Manager in determining the salary that Jim should be offered as a new hire? What are some other considerations that could be made to entice Jim to accept the job assuming that his salary demands could not be met? What are Jim’s and the Accounting Supervisor’s interests? Answer:…
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Essay about You Decide
…approximately 40-hour project two years ago, and she currently has another client that keeps her on a retainer basis. Since she was denied benefits, Karen has contacted the IRS to ask them to determine her status. Your Role/Assignment: Your role is to decide if Karen is an independent contractor or an employee and discuss some of the preventative and ethical situations that are occurring in this case. Questions: 1. Do you feel that Karen is an independent contractor or an employee? What is your rationale for this decision? I think that Karen should be considered an employee of the company. She has been working for the company for five years and this company has paid her a salary yearly. I believe the company hire Karen as an employee to make things right. In addition, they should immediately provide her the benefits that she is seeking. However, Karen should eliminate working with other clients in the future. This will allow her to work for only this company that has the benefits she needs. This is also so the current company, that she is considered a contract employee at, will not be able to use this against her if she chooses to be persistent in taking a legal direction with the company. 2. What factors do you feel help contribute to Karen being an employee? A factor that I feel helps contribute to Karen being an employee is the fact that she has been working for the same company full time for five years….
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951 Words 3 Pages
Essay about You Decide
…You Decide – Case Study HMO which stands for Health Maintenance Organizations are licensed health plans that place providers, as well as the health plans, with dealing with HMO’s there is a risk of medical expenses. The downfall with HMO is that patients must stay inside their network and if the go outside the network they will have to pay out of pocket expenses. HMO is very limited; many patients don’t like limitations when it comes to their decision about their health. PPO which stands for Preferred Provider Organizations provides patients any provider of their choosing. It is known for PPO plans for patients to take advantage of discounts if they choose inside their network. The downfall with this plan, it can be costly if the patients go out of their network. The insurance company will pay 80% of the insurance and the patient is responsible for the remaining cost 20%. If the patient wants to go out of their network then the insurance company would have to pay half the cost and the patient will be responsible for paying the remaining costs. Indemnity insurance is when a policy based upon a fee scale, such a sliding fee, with minimum limits on healthcare costs. The downfall is with this plan is the patients will get stuck with the bill which was not covered by the insurance company. Problem Identification: As reviewing Cooper-Pearson Sports Marketing Company, the company CEO, Mr. Donovan has told me that for the past two years he has…
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You decide paper
…Memorandum To: Mr. Jones, From: Brian Banks Date: 2/19/2014 Subject: Tax advice In reference to the outright purchase of Smithon Widgets, I believe that this will result in an increase in your personal-tax liability. If you decide to buy this particular stock you will not only acquire all the assets that comes from obtaining this stock, but you will also acquire all of the liabilities of Smithon. In my professional opinion, issuing debt in Johnson Services Company to pay for the Smith Company would not be considered a favorable business move. In fact, I would not recommend this course of action for many reasons. One simple reason is that you would inherit Johnson Company’s existing operating loss issues. Most of Johnson Services’ assets are financed by debt, which would indicate that Johnson Company is already operating with an existing loss and is using its debt equity to obtain additional assets. The overall effect would turn away potential investors from you. Purchasing the stock of Smithon outright, leaving it intact, would qualify as a Type B reorganization. Johnson Services would transfer some of their voting stock to the Smithon shareholders. Johnson Services would be required to have at least 80 percent of the total combined voting power and 80 percent of each class of nonvoting stock. (Rev. Rul. 59-259, 1959-2 CB 115). A disadvantage of C corporations is that they…
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Acc 553 You Decide Essay
…Memo To: John & Jane Smith From: Date: Re: Memo summarizing various tax issues 1. John Smith’s tax issues: Issue a) How is the $300,000 treated for purposes of federal tax income? John Smith’s earned income of $300,000 will reported as gross income either on Schedule c of the individual return or as gross income on the LLC return. As a result of the variance in the state laws as to whether or not a single person LLC can report on a business return is the reasons why it could be either reported on the Schedule C or LLC. Some states that do not allow the separate reporting see the LLC as meaning not to be reported separately from the individual. Issue b) How is the $25,000 treated for purposes of federal tax income? The advancement of $25,000 for expenses would have been listed as a client advance two years ago on the balance sheet. It would not have been reported as a deductible expense following the matching principle. When the $25,000 is reimbursed in the current year, the revenue subtracted by the expense should equal zero and there would be no net income to report as being taxable. Issue c) What is your determination regarding reducing the taxable amount of income for both (a) and (b) above? There are a few ways John Smith can minimize the tax being assessed. John Smith could possibly invest the $300,000 to produce a taxable loss by the year end. Investing in rental real estate could be direct or partnership. John Smith could also pay…
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1018 Words 4 Pages
You Decide: Middleton Hospital Essay
…You Decide: Middleton Hospital Dr. Julie Dennis, Professor 10/11/2012 David M Severance You Decide: Middleton Hospital Dr. Julie Dennis, Professor 10/11/2012 David M Severance You have been the CEO of Middlefield Hospital for 2 1/2 years and finally resolved the workforce challenges that plagued the hospital when you first arrived. In a recent meeting, the chief financial officer (CFO) indicated that the financial performance of the hospital has been deteriorating over the last 6 months. The hospital is not meeting its budget and he is concerned about the future. The new facility across town has continued to cut into Middlefield’s market share by admitting more patients. The number of admissions to Middlefield Hospital is declining each month, and more uninsured patients are seeking services at your facility. You convene the Middlefield Hospital management team and discover a few interesting facts, which are identified below. 1. The payer mix of Middlefield Hospital is comprised of more and more Medicare, Medicaid, uninsured patients and fewer patients have commercial insurance. This is reducing overall reimbursement and net income for the hospital. 2. The nearby hospital that competes with Middlefield has opened a wellness center that offers a comprehensive array of preventative and wellness services to the community. This facility is attracting…
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2491 Words 7 Pages
LAWS310 You Decide Essay
… Week 2 You Decide Assignment Memo to Gloria Smithson September 20, 2014 Gloria Smithson, I would like to take this opportunity to share with you, three possibilities for your business formation. Making the proper decision on which formation to choose can be a daunting task and I am pleased that you have chosen ABC Accounting to assist you in this decision. One of the main criteria you provided was the protection of you and your family from personal liability. Each of the three options that will be discussed, provide the personal liability protection and will give you the ability to make the proper decision for you and your business. The first business formation option that we will address is the Limited Liability Partnership (LLP). A LLP is “a special form of partnership in which all partners are limited partners and there are no general partners” (Cheeseman 544). The benefits of a LLP provide the “liability protection” (Ellentuck) you are looking for. An LLP is sometimes referred to as a general partnership. In a LLP partners are not liable for actions of other partners, but you are liable for your own actions under a LLP. The company’s profits are passed on to the partners who then report the earnings from the business on their own individual tax returns. Having a LLP may deter individuals…
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