Description
Legal & Ethical Issues Your Company
Write up a one to two page summary of the legal and ethical issues of concern when looking at your proposed company.
To help you get started consider the following questions:
- What is ethical in B2C and B2B web sites?
- Who can you trust online?
- What are the laws in advertising online?
- Are there different issues with B2B and B2C?
- What are the ethical standards, federal laws, and international laws for email marketing?
- What can be copied online?
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Self Employment Tax supplemental income and loss & Itemized Deductions Homework
INDIVIDUAL TAX RETURN WITH SOLE PROPRIETORSHIP Note: this assignment is for tax year 2019 (the 2019 tax forms have been ...
Self Employment Tax supplemental income and loss & Itemized Deductions Homework
INDIVIDUAL TAX RETURN WITH SOLE PROPRIETORSHIP Note: this assignment is for tax year 2019 (the 2019 tax forms have been reproduced under the Syllabus and Other Info tab). Required: Please print the forms and prepare this tax return in pencil.Then when complete, scan the return onto your desktop and upload it to Blackboard. Facts William Spicer (123-45-5789) and June Spicer (937-65-4321) have two dependent children, Sophie (236-52-6587) age 9 and Carl (236-52-6588) age 7, both of whom live at home. William operates a gourmet market in Raleigh, NC Bill’s Market, as an accrual-basis sole proprietorship. The information on gross sales, expenses, and property transactions is shown below. William receives no salary and therefore, there is no related FICA tax for him. The Market sold a unique piece of equipment for $13,000. It had originally cost $5,000 when purchased on March 5, 2015; it had an adjusted basis of $3,000 when sold on August 15, 2019. The Market also sold a display case for $1,000 on December 12, 2019, that had cost $12,000 when purchased on June 6, 2013; it had an adjusted basis of $4,000 when sold. The gains or losses on these asset sales are the same for tax and financial accounting. The business complies with all Form 1099 requirements. William is also a 10 percent shareholder in Imagineers Corporation, an S corporation, but takes no active role in the business. He received a Schedule K-1 from this S corporation reporting $18,000 in ordinary business income. June is a general partner in The Bridal Shop Partnership. She worked 3 days a week at the shop and received a Schedule K-1 reporting a $12,000 guaranteed payment and $8,000 in ordinary business income. June paid $3,800 for after-school and summer child care while she worked. 2019 financial results for Bill’s Market is as follows: Gross sales ($1,300,000 from credit card sales) 3,700,000 Merchandise purchases 2,480,000 Expenses: Advertising 40,000 Charitable contributions 20,000 Cleaning/maintenance 12,000 Depreciation (MACRS pre-2019 purchases) 3,000 Section 179 expense (2/1/19 display case) 5,000 Payroll taxes 18,000 Health insurance 15,000* Insurance (excludes health) 18,000 Interest expense 1,000 Licenses/fees 4,000 Meals/entertainment 10,000 Office expenses 14,000 Rent 120,000 Salary/wages 210,000 Travel 8,000 Utilities 32,000 *Includes $3,000 for health insurance for William and his family. The following information pertains to the completion of the Spicers’ personal tax return: Interest income $ 500 Dividend income (all qualified) 1,300 Unreimbursed doctor’s bills 8,000 Unreimbursed hospital bills 9,000 Dental bills 2,000 Mortgage interest 14,000 Real estate taxes 3,000 Contributions to their church 1,500 Investment advisor fees $3,659 The Spicers sold 10,000 shares of ABC stock on February 2, 2019 for $4,000. They had purchased the stock on August 1, 2010 for $18,000. During 2019, the Spicers paid $300 with their 2018 North Carolina state income tax return and made $4,600 in estimated payments for 2019 to NC. This amount exceeds their alternate state sales tax deduction. June is a volunteer at the children’s school two days a week tutoring at-risk students. Her total mileage for her trips to and from the school was 1,200 miles. She also had unreimbursed out-of-pocket expenses for teaching materials for these students of $232. Additionally, the Spicers contribute $3,000 each to regular IRAs. The Spicers made 2019 Federal quarterly estimated tax payments of $17,500 each quarter. All payments were made when due. Any refund that the Spicers have for 2019 is to be applied to their 2020 estimated taxes. Form 1040 and Related Forms and Schedules Form 1040: U.S. Individual Income Tax Return & Schedules 1-5 Schedule A: Itemized Deductions Schedule C: Profit or Loss from Business (Sole Proprietorship) Schedule D: Capital Gains and Losses Schedule E: Supplemental Income and Loss Schedule SE: Self-Employment Tax (2) Form 2441: Child and Dependent Care Expenses Form 4562: Depreciation and Amortization Form 4797: Sales of Business Property Form 8582: Passive Activity Loss Limitations Form 8949: Sales and Other Disposition of Capital Assets The Spicers will prepare only one joint tax return, their Form 1040, along with all the required schedules and forms including the Schedule C where the income and expenses for Bill’s Market are reported. A Form 4797 is completed for the business property dispositions; the sale of the stock is entered on the Form 8949; the net gain on the equipment disposition and the gain or loss on the stock are both included on the Spicer’s Schedule D. The depreciation recapture, if any, is also entered on Form 4797 and is transferred directly to the Spicers’ Form 1040. Two other items are not included on the Schedule C—the health insurance for William and his family (which is deducted on page 1 of the Form 1040 as a deduction for AGI) and the charitable contribution (which is included with the Spicers’ personal charitable deductions on their Schedule A). June is allowed to deduct 14 cents per mile for the 1,200 miles driven ($168) for her volunteer work along with her out-of-pocket charitable expenses of $232. Their other itemized deductions are $23,800 for mortgage interest, $7,800 for Real Estate taxes, and $680 for Personal Property taxes. Their dividend income is taxed at the Capital Gain rate, while the rest of their income is taxed at the regular rates.
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Who Is Your Target Market
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Who Is Your Target Market
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hello my friend i have only one Excel workbookplease see attached file , there is 1 Excel workbook file and 1 word file wh ...
only one Excel workbook
hello my friend i have only one Excel workbookplease see attached file , there is 1 Excel workbook file and 1 word file which is the instruction for each excel workbook."important Must work on the same files" and upload them back to me once its done."please work on the same Excel file uploaded"thank you
Mile Stone 4: Financial Analysis and Funding
Using your learning from MBA 520 and MBA 640, analyze the projected costs, revenue streams, and net present value for the ...
Mile Stone 4: Financial Analysis and Funding
Using your learning from MBA 520 and MBA 640, analyze the projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point. Be sure to include a budget, an assessment of assets and liabilities, your anticipated sources of funding, and the associated costs of attaining that capital as part of the analysis. Justify the analysis with relevant primary and secondary data in an appendix, specifying any relevant assumptions and limitations. You should include, among other support, sales forecasts, cash flow statements, income projections, and any other relevant calculations or financial reports. Overview: For the capstone assessment, you will create a business implementation plan and audiovisual presentation for the product, service, or idea you have
been developing throughout your MBA coursework.
In Milestone Four, you will submit a financial analysis and funding plan, which includes your analysis of the projected costs, revenue streams, and net present
value for the concept from launch until two years after the breakeven point. Be sure to include a budget, an assessment of assets and liabilities, your anticipated
sources of funding, and the associated costs of attaining that capital as part of your analysis. Support your analysis with relevant primary and secondary data in
an appendix, specifying any relevant assumptions and limitations. You should include, among other support, sales forecasts, cash flow statements, income
projections, and any other relevant calculations or financial reports.
Critical Elements: Analyze the projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point.
Include the following as part of your analysis: o Budget o Assessment of assets and liabilities o Anticipated sources of funding o Associated costs of attaining that capital
Include relevant proforma financial reports: o Sales forecasts o Cash flow statements o Income projections o All other relevant reports specific to your concept or idea Guidelines for Submission: Your draft must contain all of the elements listed above. It should be 5 to 8 pages in length (excluding the title page, references, and
appendices) using 12-point Times New Roman font, with one-inch margins. You may include summary pictures, charts, graphs, or other explanatory diagrams as
needed to successfully explain the concept and implementation, but should use appendices for detailed supporting documentation. Your paper should follow
APA guidelines. You must include at least 5 scholarly sources. Cite your sources within the text of your paper and on the reference page.Rubric:Critical Elements Proficient (100%) Not Proficient (0%) ValueMain Elements Includes most of the main elements Does not include any of the main elements 20Critical Thinking Provides logical conclusions and defends with examples/Does not provide logical conclusions 20Financial Analysis Provides an analysis of projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point/Does not provides an analysis of projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point 15Analysis Parts Provides a budget, an assessment of assets and liabilities, anticipated sources of funding, and the associated costs of attaining that capital as part of the analysis/Does not provide a budget, an assessment of assets and liabilities, anticipated sources of funding, and the associated costs of attaining that capital as part of the analysis 15Financial Reports Provides proforma financial reports including sales forecasts, cash flow statements, incomeprojections, and other relevant reports specific to concept or idea/Does not provide proforma financial reports 15Articulation of Response Submission does not have critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas/Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 15Total 100%
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Product Liability -CT3
You work for a highly successful international manufacturer. Your boss is working with a group of clients who are located overseas and are not familiar with U.S. tort law. Your boss requests you to conduct some research on products liability. You recall from your business classes that businesses that make, sell or lease goods can be held liable for the physical harm or property damage caused by those goods to consumers, users, or bystanders. In your report you are to include the following information:Identify and discuss the four (4) elements of negligence.Using the internet, research and analyze a legal case involving products liability.Discuss in detail the defenses that were raised or could have been raised.Provide your opinion on whether you believe it is fair to hold employers responsible for the negligent acts of their employees.Your paper should be 3-4 pages in length, not including the title or reference page. Your paper should be in APA writing style. In addition, include 3 legal references in your response. The MGT315 Business Law Library Guide (Links to an external site.) can help you with finding quality resources.
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Self Employment Tax supplemental income and loss & Itemized Deductions Homework
INDIVIDUAL TAX RETURN WITH SOLE PROPRIETORSHIP Note: this assignment is for tax year 2019 (the 2019 tax forms have been ...
Self Employment Tax supplemental income and loss & Itemized Deductions Homework
INDIVIDUAL TAX RETURN WITH SOLE PROPRIETORSHIP Note: this assignment is for tax year 2019 (the 2019 tax forms have been reproduced under the Syllabus and Other Info tab). Required: Please print the forms and prepare this tax return in pencil.Then when complete, scan the return onto your desktop and upload it to Blackboard. Facts William Spicer (123-45-5789) and June Spicer (937-65-4321) have two dependent children, Sophie (236-52-6587) age 9 and Carl (236-52-6588) age 7, both of whom live at home. William operates a gourmet market in Raleigh, NC Bill’s Market, as an accrual-basis sole proprietorship. The information on gross sales, expenses, and property transactions is shown below. William receives no salary and therefore, there is no related FICA tax for him. The Market sold a unique piece of equipment for $13,000. It had originally cost $5,000 when purchased on March 5, 2015; it had an adjusted basis of $3,000 when sold on August 15, 2019. The Market also sold a display case for $1,000 on December 12, 2019, that had cost $12,000 when purchased on June 6, 2013; it had an adjusted basis of $4,000 when sold. The gains or losses on these asset sales are the same for tax and financial accounting. The business complies with all Form 1099 requirements. William is also a 10 percent shareholder in Imagineers Corporation, an S corporation, but takes no active role in the business. He received a Schedule K-1 from this S corporation reporting $18,000 in ordinary business income. June is a general partner in The Bridal Shop Partnership. She worked 3 days a week at the shop and received a Schedule K-1 reporting a $12,000 guaranteed payment and $8,000 in ordinary business income. June paid $3,800 for after-school and summer child care while she worked. 2019 financial results for Bill’s Market is as follows: Gross sales ($1,300,000 from credit card sales) 3,700,000 Merchandise purchases 2,480,000 Expenses: Advertising 40,000 Charitable contributions 20,000 Cleaning/maintenance 12,000 Depreciation (MACRS pre-2019 purchases) 3,000 Section 179 expense (2/1/19 display case) 5,000 Payroll taxes 18,000 Health insurance 15,000* Insurance (excludes health) 18,000 Interest expense 1,000 Licenses/fees 4,000 Meals/entertainment 10,000 Office expenses 14,000 Rent 120,000 Salary/wages 210,000 Travel 8,000 Utilities 32,000 *Includes $3,000 for health insurance for William and his family. The following information pertains to the completion of the Spicers’ personal tax return: Interest income $ 500 Dividend income (all qualified) 1,300 Unreimbursed doctor’s bills 8,000 Unreimbursed hospital bills 9,000 Dental bills 2,000 Mortgage interest 14,000 Real estate taxes 3,000 Contributions to their church 1,500 Investment advisor fees $3,659 The Spicers sold 10,000 shares of ABC stock on February 2, 2019 for $4,000. They had purchased the stock on August 1, 2010 for $18,000. During 2019, the Spicers paid $300 with their 2018 North Carolina state income tax return and made $4,600 in estimated payments for 2019 to NC. This amount exceeds their alternate state sales tax deduction. June is a volunteer at the children’s school two days a week tutoring at-risk students. Her total mileage for her trips to and from the school was 1,200 miles. She also had unreimbursed out-of-pocket expenses for teaching materials for these students of $232. Additionally, the Spicers contribute $3,000 each to regular IRAs. The Spicers made 2019 Federal quarterly estimated tax payments of $17,500 each quarter. All payments were made when due. Any refund that the Spicers have for 2019 is to be applied to their 2020 estimated taxes. Form 1040 and Related Forms and Schedules Form 1040: U.S. Individual Income Tax Return & Schedules 1-5 Schedule A: Itemized Deductions Schedule C: Profit or Loss from Business (Sole Proprietorship) Schedule D: Capital Gains and Losses Schedule E: Supplemental Income and Loss Schedule SE: Self-Employment Tax (2) Form 2441: Child and Dependent Care Expenses Form 4562: Depreciation and Amortization Form 4797: Sales of Business Property Form 8582: Passive Activity Loss Limitations Form 8949: Sales and Other Disposition of Capital Assets The Spicers will prepare only one joint tax return, their Form 1040, along with all the required schedules and forms including the Schedule C where the income and expenses for Bill’s Market are reported. A Form 4797 is completed for the business property dispositions; the sale of the stock is entered on the Form 8949; the net gain on the equipment disposition and the gain or loss on the stock are both included on the Spicer’s Schedule D. The depreciation recapture, if any, is also entered on Form 4797 and is transferred directly to the Spicers’ Form 1040. Two other items are not included on the Schedule C—the health insurance for William and his family (which is deducted on page 1 of the Form 1040 as a deduction for AGI) and the charitable contribution (which is included with the Spicers’ personal charitable deductions on their Schedule A). June is allowed to deduct 14 cents per mile for the 1,200 miles driven ($168) for her volunteer work along with her out-of-pocket charitable expenses of $232. Their other itemized deductions are $23,800 for mortgage interest, $7,800 for Real Estate taxes, and $680 for Personal Property taxes. Their dividend income is taxed at the Capital Gain rate, while the rest of their income is taxed at the regular rates.
4 pages
Who Is Your Target Market
The proposed business startup is a podcast that informs the audience about various best travel destinations for young trav ...
Who Is Your Target Market
The proposed business startup is a podcast that informs the audience about various best travel destinations for young travelers, especially the ...
only one Excel workbook
hello my friend i have only one Excel workbookplease see attached file , there is 1 Excel workbook file and 1 word file wh ...
only one Excel workbook
hello my friend i have only one Excel workbookplease see attached file , there is 1 Excel workbook file and 1 word file which is the instruction for each excel workbook."important Must work on the same files" and upload them back to me once its done."please work on the same Excel file uploaded"thank you
Mile Stone 4: Financial Analysis and Funding
Using your learning from MBA 520 and MBA 640, analyze the projected costs, revenue streams, and net present value for the ...
Mile Stone 4: Financial Analysis and Funding
Using your learning from MBA 520 and MBA 640, analyze the projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point. Be sure to include a budget, an assessment of assets and liabilities, your anticipated sources of funding, and the associated costs of attaining that capital as part of the analysis. Justify the analysis with relevant primary and secondary data in an appendix, specifying any relevant assumptions and limitations. You should include, among other support, sales forecasts, cash flow statements, income projections, and any other relevant calculations or financial reports. Overview: For the capstone assessment, you will create a business implementation plan and audiovisual presentation for the product, service, or idea you have
been developing throughout your MBA coursework.
In Milestone Four, you will submit a financial analysis and funding plan, which includes your analysis of the projected costs, revenue streams, and net present
value for the concept from launch until two years after the breakeven point. Be sure to include a budget, an assessment of assets and liabilities, your anticipated
sources of funding, and the associated costs of attaining that capital as part of your analysis. Support your analysis with relevant primary and secondary data in
an appendix, specifying any relevant assumptions and limitations. You should include, among other support, sales forecasts, cash flow statements, income
projections, and any other relevant calculations or financial reports.
Critical Elements: Analyze the projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point.
Include the following as part of your analysis: o Budget o Assessment of assets and liabilities o Anticipated sources of funding o Associated costs of attaining that capital
Include relevant proforma financial reports: o Sales forecasts o Cash flow statements o Income projections o All other relevant reports specific to your concept or idea Guidelines for Submission: Your draft must contain all of the elements listed above. It should be 5 to 8 pages in length (excluding the title page, references, and
appendices) using 12-point Times New Roman font, with one-inch margins. You may include summary pictures, charts, graphs, or other explanatory diagrams as
needed to successfully explain the concept and implementation, but should use appendices for detailed supporting documentation. Your paper should follow
APA guidelines. You must include at least 5 scholarly sources. Cite your sources within the text of your paper and on the reference page.Rubric:Critical Elements Proficient (100%) Not Proficient (0%) ValueMain Elements Includes most of the main elements Does not include any of the main elements 20Critical Thinking Provides logical conclusions and defends with examples/Does not provide logical conclusions 20Financial Analysis Provides an analysis of projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point/Does not provides an analysis of projected costs, revenue streams, and net present value for the concept from launch until two years after the breakeven point 15Analysis Parts Provides a budget, an assessment of assets and liabilities, anticipated sources of funding, and the associated costs of attaining that capital as part of the analysis/Does not provide a budget, an assessment of assets and liabilities, anticipated sources of funding, and the associated costs of attaining that capital as part of the analysis 15Financial Reports Provides proforma financial reports including sales forecasts, cash flow statements, incomeprojections, and other relevant reports specific to concept or idea/Does not provide proforma financial reports 15Articulation of Response Submission does not have critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas/Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 15Total 100%
Product Liability -CT3
You work for a highly successful international manufacturer. Your boss is working with a group of clients who are located ...
Product Liability -CT3
You work for a highly successful international manufacturer. Your boss is working with a group of clients who are located overseas and are not familiar with U.S. tort law. Your boss requests you to conduct some research on products liability. You recall from your business classes that businesses that make, sell or lease goods can be held liable for the physical harm or property damage caused by those goods to consumers, users, or bystanders. In your report you are to include the following information:Identify and discuss the four (4) elements of negligence.Using the internet, research and analyze a legal case involving products liability.Discuss in detail the defenses that were raised or could have been raised.Provide your opinion on whether you believe it is fair to hold employers responsible for the negligent acts of their employees.Your paper should be 3-4 pages in length, not including the title or reference page. Your paper should be in APA writing style. In addition, include 3 legal references in your response. The MGT315 Business Law Library Guide (Links to an external site.) can help you with finding quality resources.
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