Memo To: John & Jane Smith From: 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? Applicable Law & Analysis: http://www.irs.gov/businesses/small/selfemployed/index.html Conclusion: The $300‚000 will be treated as self- employed income. Generally you are self-employed if you carry on a trade or business as a sole proprietor‚ independent contractor‚ or if you are a member of a partnership
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WHY DID EQUITY DEVELOP? HOW DID THE CHANCELLOR’S JURISDICTION OPERATE? I. INTRODUCTION Justice is the `quality of being just; righteousness‚ equitableness‚ or moral rightness’.1 The application of rigid rules can result in a judgement‚ however‚ not justice. The civil law is based on the principle Dura Lex Sed Lex2; this principle holds that the law is harsh‚ but is the law. Therefore‚ a judge can only apply what is written in the law. On the other hand‚ the common law system is based not
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You Decide Recommendation The economy has been in a rough shape for a number of years. Many people have lost their jobs‚ their homes‚ their savings‚ and their confidence. Although the recession lasted for a while‚ the nation is going through a recovery mode. As the new senior economic advisor to the President of the United States‚ I need to recommend a plan of action to help curve inflation‚ unemployment‚ and economic instability. First‚ I have to take a look at what my colleagues recommend and
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Quantitative versus Discretionary Trading The American economy affects us as well as the rest of the world‚ and the stock market influences the economy in a big way. Most Americans are quite familiar with terms like stocks and the stock market‚ especially after the economic crisis of 08‚ but many do not know exactly what they mean and how extreme their effects can be on the general economy. Stock is nothing more than pieces or shares of a company which are traded in a specific market. When I purchase
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Trading Report Strategy Chosen Our strategy is consisted of two parts: when the market is neutral without obvious trends‚ we play like the role of market maker; on the contrary‚ we put our bet on the trend. At first‚ we calculate the weighted average quantity from the order book‚ says 1st to 4th layer‚ for both sides. If bid quantity is larger than 2.5 times of ask‚ we believe that bulls prevail and this trend will be continued in a phase. Thus we place a market order to buy‚ expecting to earn
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“Cigarette Money- Trading in a Prisoners-of-War-Camp” 1) Introduction This paper focuses on the analysis of the Prisoners-of-War Camp (POW Camp from now on) as depicted by R.A. Radford regarding various economical matters and behavioural aspects of its inhabitants. First of all the organisation of the POW Camp itself will be explained with a secondary focus on the extent‚ to which organisational structures foster a functioning market. Afterwards the emergence of cigarettes as a currency in the market
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IT210 Currency Conversion Test Values Currency Conversion Test Values Input Expected Output Comments Selection = TEST Error Message Invalid input Selection = c “Let’s get started.” Prompt country selection Selection = e “Are you sure you wish to exit?” Prompt validation message Selection = y “Thank you for using the Currency Conversion Program. Goodbye.” Terminate program Selection = n “Select a country from the following options:” Prompt country selection Country
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Mini-Case “Argentina’s Bold Currency Experiment and Its Demise” Argentina‚ once the world’s seventh-largest economy‚ has long been considered one of Latin America’s worst basket cases. Starting with Juan Peron‚ who was first elected president in 1946‚ and for decades after‚ profligate government spending financed by a compliant central bank that printed money to cover the chronic budget deficits had triggered a vicious cycle of inflation and devaluation. High taxes and excessive controls compounded
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A STUDY ON DEMAT AND ONLINE TRADING IN SECONDARY MARKET INTRODUCTION Introduction of DMAT and net trading has revolutionized the Capital market. Internet Trading has made the process of buying and selling of shares much faster and easier than physical brokers. It provides integration of Bank‚ Broker‚ Stock exchange and depository participants. This eliminates the rigorous process of investing in stock exchange. Online Trading has given customer a real time access to account information
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MANAGEMENT CASE ANALYSIS MARY’S RICE TRADING In partial fulfillment of the Requirements of the Subject MARKETING MANAGEMENT Mariel I. Francisco Jaycel I. Sayco Janice Lansangan Sarah Aurora Amojelar MS. IMEE D. ESGUERRA Subject Instructor August 7‚ 2014 I. Time Context In May 1999‚ Nicole Lopez was facing the challenge of expanding the number of corporate customers of their family – owned and manages rice – trading business. II. Point Of View Nicole Lopez
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