Peter And Amy Jones For The Current Tax Year.

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omplete the following tax return’s 1040 and Schedule A.

Following is a list of information for Peter and Amy Jones for the current tax year. Peter and Amy are married and have three children, Aubrynne, Bryson and Caden. They live at 1846 Joplin Way, Lakeville, MN 55022. Peter is a lawyer and Amy works part-time at a genetics research lab. The Jones’ Social Security Numbers and ages are as follows:

Name S.S. Number Age

Peter 215-60-1989 ,32

Amy 301-60-2828 ,28

Aubrynne 713-84-5555 ,5

Bryson 714-87-2222 ,3

Caden 714-89-1684 ,1

Peter’s Salary: $70,000

Amy’s Salary: $32,000

Items they want you to consider for their itemized deduction:

Eyeglasses and eye exam for Aubrynne $600

Orthodontic work for Bryson to correct congenital defect 2,500

Medical insurance premiums 1,800

Withholding for state income taxes 7,200

Withholding for federal income taxes 16,000

State income taxes paid with last year’s return 500

Property taxes on home 1,100

Property taxes on automobile 300

Interest on home 9,700

Interest on credit cards 200

Financial Statement Forecasting

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Problem 1

Pro Forma Income Statement and Balance Sheet
Below is the income statement and balance sheet for Blue Bill Corporation for 2013. Based on the historical statements and the
additional information provided, construct the firm’s pro forma income statement and balance sheet for 2014.
Blue Bill Corporation
Income Statement
For the year ended 2013 Projected
2012 2013 2014
Revenue $60,000 $63,000
Cost of goods sold 42,000 44,100
Gross margin 18,000 18,900
SG&A expense 6,000 6,300
Depreciation expense 1,800 2,000
Earnings Before Interest and Taxes (EBIT) 10,200 10,600
Interest expense 1,500 1,800
Taxable income 8,700 8,800
Income Tax Expense 3,045 3,080
Net income 5,655 5,720
Dividends 750 800
To retained earnings $4,905 $4,920
Additional income statement information:
Sales will increase by 5% in 2014 from 2013 levels.
COGS and SG&A will be the average percent of sales for the last 2 years.
Depreciation expense will increase to $2,200.
Interest expense will be $1,900.
The tax rate is 35%.
Dividend payout will increase to $850.
Blue Bill Corporation
Balance Sheet
December 31, 2013 Projected
2013 2014
Current assets
Cash $8,000
Accounts receivable 3,150
Inventory 9,450
Total current assets 20,600
Property, plant, and equipment (PP&E) 28,500
Accumulated depreciation 16,400
Net PP&E 12,100
Total assets $32,700
Current liabilites
Accounts payable $3,780
Bank loan (10%) 3,200
Other current liabilities 1,250
Total current liabilities 8,230
Long-term debt (12%) 4,800
Common stock 1,250
Retained earnings 18,420
Total liabilities and equity $32,700
Additional balance sheet information:
The minimum cash balance is 12% of sales.
Working capital accounts (accounts receivable, accounts payable, and inventory) will be the same percent of sales in 2014 as they were in 2013.
$8,350 of new PP&E will be purchased in 2014.
Other current liabilities will be 3% of sales in 2014.
There will be no changes in the common stock or long-term debt accounts.
The plug figure (the last number entered that makes the balance sheet balance) is bank loan.

Fedex Case

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write an essay of 150-200 words answering the following questions. i AM ATTACHING A PICTURE WITH ONE PAGE THAT YOU HAVE TO READ IN ORDER TO ANSWER.

THANK YOU

 

FedEx’s Successful Internationalization

 

1. Why has FedEx been so successful in Asia

Questions:

2. Can competitors imitate FedEx’s approach in international markets and take

market share away from the company? Why or why not?

3. Is the FedEx move to close its hum in the Philippines and build a new one in

China a good decision for its Asian operations? Please explain.

4. Can you identify the application of the managerial functions of planning,

organizing and controlling in FedEx activities? Please explain.

Case Study: Opening Your New Dunkin Donuts Locations

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Assumption and Context: You have been the manager of a Dunkin Donuts store in the Midwest for the past two years. The store is owned by a Dunkin Donuts franchisee who owns 20 other Dunkin Donuts locations. Your employer took an employee inventory and examined all current employees. It has been noted by the owner that you have a highly successful track record. You have been recognized for doing an exceptional job staffing, leading, training, coaching, and managing people. You have been recognized for successfully managing all key components of your store and have successfully managed key business drivers such as cash, profits, growth, asset utilization and people. In regards to the metrics that are used to measure their stores for sales, quality, and customer service, your store is the top performing store in their system.

Congratulations! You have just been promoted to District Manager! The Dunkin Donuts franchisee sees your growth potential and the growth potential in your geographic area. The owner now has committed significant capital and plans to open five new locations over the next two years. You will be given complete autonomy, authority, and responsibility to structure, staff, and operate these five new locations. You will be playing a key role in this expansion for growth.

Assignment: Prepare a five-page paper (excluding the title and reference pages), including at least three scholarly sources, in addition to the textbook, formatted according to APA style guidelines as outlined in the Ashford Writing Center. In your paper, explain your chosen job design, organizational design, your recruiting strategy and methods, and your training and performance appraisal process as the new District Manager for Dunkin Donuts.
You must organize your paper using the following section headings and include additional section headings as needed:

  1. Introduction
  2. Job Design
  3. Organizational Design
  4. Recruiting and Selection
  5. Training and Performance Appraisals
  6. Conclusion