William Parks, a special agent of the U.S. Customs Service, was investigating allegations that Bet-Air, Inc. (a seller of spare aviation parts and supplies) had supplied restricted military parts to Iran. Parks entered Bet-Air's property and removed a bag of shredded documents from a garbage dumpster. The dumpster was located near the Bet-Air offices in a parking area reserved for the firm's employees. To reach the dumpster, Parks had to travel 40 yards on a private paved road. No signs indicated that the road was private. In later judicial proceedings, Parks testified that at the time he traveled on the road, he did not know he was on Bet-Air's property. When reconstructed, some of the previously shredded documents contained information seemingly relevant to the investigation. Parks used the shredded documents and the information they revealed as the basis for obtaining a warrant to search the Bet-Air premises. In executing the search warrant, Parks and other law enforcement officers seized numerous documents and Bet-Air records.

A federal grand jury indicted Bet-Air's chairman, Terence Hall, and other defendants on various counts related to the alleged supplying of restricted military parts to Iran. Contending that the Fourth Amendment had been violated, Hall filed a motion asking the court to suppress (i.e., exclude) all evidence derived from the warrantless search of the dumpster and all evidence seized during the search of the Bet-Air premises (the search pursuant to the warrant). The federal district court denied Hall's motion. Following a jury trial, Hall was convicted on all counts and sentenced to prison. He appealed, again arguing that the Fourth Amendment was violated. How did the appellate court rule? Was there a Fourth Amendment violation?

Answer:

The appellate court did not rule in favor of Hall.  Instead, it upheld the lower court's rulings.  When Hall appealed up to the Supreme Court, the highest court affirmed Hall's conviction and sentencing.

This shows that there was no violation of the Fourth Amendment in Hall's case.  In addition, the prosecution established the existence of probable cause in the absence of a valid warrant to search and obtain evidence that would establish the case against Terrence Hall, leading to his eventual conviction.

Explanation:

Although, the Fourth Amendment of the US Constitution protects an individual from unreasonable searches and seizures by the government, it does not guarantee against all searches and seizures.  It only guarantees against searches and seizures that are regarded as legally unreasonable.  This implies that there may be probable cause for searches and seizures.

A colleague from the plant in Germany has arrived at the Chicago plant to share insights on a recent product line changeover implemented in Germany. This changeover has saved thousands of euros at the German facility, but Jim does not think it will work in the United States. Jim feels that there is a completely different attitude towards work and innovation in the U.S., and in fact, thinks the German facility is technologically behind his plant. Additionally, the colleague often mispronounces words when he speaks English, and doesn't dress appropriately for the U.S. office. He showed up to work on the plant floor in a formal suit and tie, with dress shoes that had a slippery sole. However, the colleague is a guest, and it is important that Jim pretends to be interested.
Identify the listening barriers. Check all that apply.
Psychological barriers
Thought speed
Grandstanding
Nonverbal distractions
Faking attention
Identify tips that would help Jim listen more effectively to what his international colleague has to say about the production process. Check all that apply.
Control his surroundings
Provide feedback
Focus on nonverbal signals
keep an open mind Judge ideas, not appearances

0
Of these common educational requirements for Law, Public Safety, and Security careers, which are you most
interested in achieving? Check all that apply.
high school diploma
traditional two- or four-year college degree
advanced degree after a traditional four-year college degree
specialized technical certificate or degree, such as a certificate for expertise in a software program
on their training eynerience

Consider the market for _____.
Suppose the price of increases from ​$ to ​$ per . As a​ result, the demand for decreases from to _____. Using the midpoint​ formula, what is the​ cross-price elasticity of demand for ​? _____. ​(Enter a numeric response using a real number rounded to two decimal places.​ Don't forget the minus​ sign.) Suppose the​ cross-price elasticity of demand for with respect to the price of is . In this​ instance, and are ________ substitutes complements .

Ultra Fine Furnishings is in the process of selling its peripheral businesses and focusing on its upscale clients. In conjunction with this reorganization, the dividend will be decreased by 10 percent for the next 3 years. After that, the dividend will resume increasing at an annual rate of 5 percent. The required return on this stock is 14 percent and the last dividend paid was $2.40 a share. What is one share of this stock worth today?

Jaguar Plastics Company has been operating for three years. At December 31 of last year, the accounting records reflected the following: Cash Investments (short-term) Accounts receivable Inventory Notes receivable (long-term) Equipment Factory building Intangibles $ 26,000 Accounts payable 2,400 Accrued liabilities payable 4,100 Notes payable (current) 26,000 Notes payable (noncurrent) 1,800 Common stock 53,000 Additional paid-in capital 94,000 Retained earnings 3,700 $ 16,000 2,700 6,200 44,000 9,900 89,100 43, 100
During the current year, the company had the following summarized activities:
a. Purchased short-term investments for $8,300 cash.
b. Lent $5,300 to a supplier who signed a two-year note.
c. Purchased equipment that cost $28,000; paid $5,000 cash and signed a one-year note for the balance.
d. Hired a new president at the end of the year. The contract was for $81,000 per year plus options to purchase company stock at a set price based on company performance. The new president begins her position on January 1 of next year.
e. Issued an additional 2,100 shares of $0.50 par value common stock for $14,000 cash.
f. Borrowed $17,000 cash from a local bank, payable in three months.
g. Purchased a patent (an intangible asset) for $2,800 cash.
h. Built an addition to the factory for $25,000; paid $7,300 in cash and signed a three-year note for the balance.
i. Returned defective equipment to the manufacturer, receiving a cash refund of $1,200.
1. & 2. Post the current year transactions to T-accounts for each of the accounts on the balance sheet. (Two items have been given in the cash T-account as examples).
Cash 26,000 Investments (short-term) 2,400 Beg. Bal. Beg. Bal. 8,300 (a) 5,300 (6) 5,000 (c) (d) End. Bal. 2,400 End. Bal. 7,400 Accounts Receivable 4,100 Inventory 26,000 Beg. Bal. Beg. Bal. End. Bal. 4,100 End. Bal. 26,000 Notes Receivable (long-term) 1,800 Equipment 53,000 Beg. Bal. Beg. Bal. End. Bal. L 1,800 End. Bal. 53,000

The FDA does all of the following EXCEPT
Provides standards and guidelines for poisonous substances
Provides food assistance programs such as food stamps and school lunch programs
Establishes labeling guidelines for products
Requires testing and approval of all new drugs

What initial costs are associated with renting an apartment?

Last year Kruse Corp had $410,000 of assets (which is equal to its total invested capital), $403,000 of sales, $28,250 of net income, and a debt-to-total-capital ratio of 39%. The new CFO believes the firm has excessive fixed assets and inventory that could be sold, enabling it to reduce its total assets and total invested capital to $252,500. The firm finances using only debt and common equity. Sales, costs, and net income would not be affected, and the firm would maintain the same capital structure (but with less total debt). By how much would the reduction in assets improve the ROE? Do not round your intermediate calculations. Question 2 options: 7.05% 6.69% 6.41% 7.26% 7.82%

Which of the following directly generates revenue for a business?
O A. Assets
O B. Resources
O c. Output
O D. Capital

A marketing researcher wants to estimate the mean amount spent (S) on Amazon.com by Amazon Prime member shoppers. Suppose a random sample of 100 Amazon Prime member shoppers who recently made a purchase on Amazon.com yielded a mean of $1,500.
a. Suppose the standard deviation of the amount spent ($) on Amazon.com is $200. Construct a 95% confidence interval estimate for the mean spending for all Amazon Prime member shoppers.
b. Suppose the standard deviation of the sample of 100 Amazon Prime member shoppers is $200. Construct a 95% confidence interval estimate for the mean spending for all Amazon Prime member shoppers.

Trek Company has the following production data for April: units transferred out 41,400, and ending work in process 5,620 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is $6 and unit conversion cost is $10. Determine the costs to be assigned to the units transferred out and the units in ending work in process.

Presented below is information related to Swifty Corporation.
Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $21,688 in exchange for common stock.
2 Hires an administrative assistant.
3 Purchases office furniture for $2,494, on account.
6 Sells a house and lot for N. Fennig; bills N. Fennig $3,904 for realty services performed.
27 Pays $922 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,711 in salary for October.
Date Account Titles Ref. Debit Credit
Oct. 1
2
3
6
27
30

Leasing companies purchase capital equipment, like airplanes or trucks, and then lease the equipment to the firms that actually use them. On its face, it is hard to see why this is a wealth-creating transaction since the end users could borrow money and purchase their own equipment. The answer is that banks, due to the way they are regulated, are more willing to lend to companies with less debt. By leasing equipment, a company moves debt off its balance sheet, which makes it easier to borrow more heavily. The enhanced borrowing ability of low-debt companies makes leasing more valuable than borrowing and buying. In the fall of 2015, one such truck leasing company was having trouble making money. The company purchased over-the-road trucks for $92,000 and then leased them to various transport companies, ranging from small owner-operators to large publicly owned firms with fleets of over hundred trucks. Salespeople who negotiated the leases were paid a commission of $2,000 for every truck they leased.
1. Why is the leasing company losing money? Explain.
2. How do we fix this situation and turn the company to a profitable one?

Sevenbergen Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations:
Budgeted selling price per unit $92
Budgeted unit sales (all on credit)
July 9,000
August 11,300
September 10,400
October 10,800
Raw materials requirement per unit of output 4 pounds
Raw materials cost $1.00 per pound
Direct labor requirement per unit of output 2.8 direct labor hours
Direct labor wage rate $22.00 per direct labor hour
Variable selling and administrative expense $1.50 per unit sold
Fixed selling and administrative expense $70,000 per month
Credit sales are collected:
40% in the month of the sale
60% in the following month
Raw materials purchases are paid:
30% in the month of purchase
70% in the following month
The ending finished goods inventory should equal 20% of the following month's sales. The ending raw materials inventory should equal 30% of the following month's raw materials production needs.
If 41,920 pounds of raw materials are required for production in September, then the budgeted raw material purchases for August is closest to:__________
A. 57,056 pounds
B. 44,480 pounds
C. 43,712 pounds
D. 70,400 pounds
If 41,920 pounds of raw materials are required for production in September, then the budgeted cost of raw material purchases for August is closest to:__________
A. $57,056
B. $43,712
C. $44,480
D. $70,400
The estimated direct labor cost for August is closest to:____________
A. $465,000
B. $684,992
C. $31,136
D. $244,640

This is to inform you that I will be leaving work early today.

Cozelle, Inc., purchased inventory costing $125,000 and sold 80% of the goods for $200,000. All purchases and sales were on account. Cozelle later collected 25% of the accounts receivable. Assume that sales retums are nonexistent.

a. Journalize these transactions for Cozelle, which uses the perpetual inventory system
b. For these transactions, show what Cozelle will report for inventory, revenues, and expenses on its financial statements at the end of the month.

Required:
For theseâ transactions, show what will report forâ inventory, revenues, and expenses on its financial statements at the end of the month.

Bocelli Co. purchased $120,000 of 6%, 20-year Sanz County bonds on May 11, Year 1, directly from the county, at their face amount plus accrued interest. The bonds pay semiannual interest on April 1 and October 1. On October 31, Year 1, Bocelli Co. sold $30,000 of the Sanz County bonds at 99 plus $150 accrued interest less a $100 brokerage commission. Provide journal entries for the following:

a. The purchase of the bonds on May 11 plus 40 days of accrued interest; assume a 360-day year.
b. Semiannual interest on October 1.
c. Sale of the bonds on October 31.
d. Adjusting entry for accrued interest of $1,365 on December 31, Year 1.

Ambiguity can arise as to whether receivables have been sold or instead are being used as collateral for a loan whenever certain obligations, duties, or rights regarding the transferred receivables are retained by the transferor. In distinguishing between sales and collateralized borrowings using receivables, the critical issue:________

a. is whether the transferor surrenders control over the receivables.
b. comes down to how clearly the rights, etc. being retained are specified in the transfer agreement.
c. is whether any gain or loss related to the transfer is recognized in earnings.
d. is whether the terms regarding the transfer were initiated by the transferor or transferee.

Efficiency and effectiveness (Connect, Perform)
Read the scenario and then complete the sentence with the correct tom.
Your parents are hosting the huge annual family reunion this year, and they have determined that quite a bit of work needs to be done before all the relatives show up. They ask if you will repair the leaking faucets and replace the rec room carpet. They ask your sister to rid the lawn of weeds and reseed the bare patches, and they ask your brother to rent tents, a huge barbeque grill, and other equipment. They want the family to feel comfortable and have fun.
Thanks to your family's excellent planning, the reunion achieves high efficiency. No one is stressed out or exhausted, spending came in under budget, and everyone had a good time.
Rick is a student at Capstone College. He developed a schedule that he thought would let him spend the minimum amount of time studying while still getting good grades, Rick is following his schedule, but he's not getting the grades he hoped he would get what is the best way to describe Rick's approach to studying?
A. Neither effective nor efficient.
B. Efficient but not effective.
C. Effective but not efficient.
D. Both effective and efficient.

KCCO, Inc., has current assets of $4,200, net fixed assets of $23,400, current liabilities of $3,750, and long-term debt of $8,400.
1. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations.)
2. How much is net working capital? (Do not round intermediate calculations.)

Using your knowledge of technical security programs, give what you consider to be the best example of a situation where you found a solution to a practical problem. Indicate the nature of the problem, who was affected by the problem and in what way, and the results or benefits of your solution.

how does peer pressure influence the spread of stis​

On January 1, year 8, Crimson Corp., a closely held corporation, issued 5% bonds with a maturity value of $90,000, together with 1,500 shares of its $3 par value common stock, for a combined cash amount of $121,800. The market value of Crimson’s stock is uncertain. If the bonds had been issued separately they would have sold at 102. What amount should Crimson report for additional paid-in capital (or paid-in capital—excess of par) upon issuing the stock?

During the current year, the company had the following summarized activities:
Purchased short-term investments for $8,000 cash.
Lent $6,300 to a supplier who signed a two-year note.
Purchased equipment that cost $24,000; paid $6,000 cash and signed a one-year note for the balance.
Hired a new president at the end of the year. The contract was for $95,000 per year plus options to purchase company stock at a set price based on company performance. The new president begins her position on January 1 of next year.
Issued an additional 3,000 shares of $0.50 par value common stock for $11,000 cash.
Borrowed $16,000 cash from a local bank, payable in three months.
Purchased a patent (an intangible asset) for $1,400 cash.
Built an addition to the factory for $21,000; paid $7,800 in cash and signed a three-year note for the balance.
Returned defective equipment to the manufacturer, receiving a cash refund of $2,100.
Assuming that the beginning balances in each of the accounts are zero, complete T-accounts to summarize the transactions in (a)–(g).

Kara files her income tax return 64 days after the due date of the return without obtaining an extension from the IRS. Along with the return, she remits a check for $15,400, which is the balance of the tax she owes. Note: Assume 30 days in a month.

Required:
Disregarding the interest element, enter Kara's penalty amount for each, failure to file and failure to pay.
Failure to pay________$
Failure to file________$

Top hedge fund manager Sally Buffit believes that a stock with the same market risk as the S&P 500 will sell at year-end at a price of $49. The stock will pay a dividend at year-end of $3.00. Assume that risk-free Treasury securities currently offer an interest rate of 2.1%. Average rates of return on Treasury bills, government bonds, and common stocks, 1900–2017 (figures in percent per year) are as follows. Portfolio Average Annual Rate of Return (%) Average Premium (Extra return versus Treasury bills) (%) Treasury bills 3.8 Treasury bonds 5.3 1.5 Common stocks 11.5 7.7

The next three questions are based on the following information: Demand for an item is 1000 units per year. A processing fee of $10 will be charged for each order placed. The purchasing cost of the item is $20. The annual cost to carry an item in inventory is 20% of the item costs. What is the unit inventory holding cost

Required information Skip to question [The following information applies to the questions displayed below.] Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the first process. During November, the first process transferred 780,000 units of product to the second process. Additional information for the first process follows. At the end of November, work in process inventory consists of 185,000 units that are 50% complete with respect to conversion. Beginning work in process inventory had $188,175 of direct materials and $196,313 of conversion cost. The direct material cost added in November is $1,259,325, and the conversion cost added is $3,729,937. Beginning work in process consisted of 76,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 76,000 were from beginning work in process and 704,000 units were started and completed during the period. Required: For the first process: 1. Determine the equivalent units of production with respect to direct materials and conversion.

Emily recently quit her job at a major corporation because she saw little chance for advancement. Although she is still searching for a new position, Emily believes the economy is healthy and she hears that several firms are hiring people with her qualifications. Which of the following statements about Emily's current situation is most accurate?

a. not considered unemployed because she voluntarily quit her job.
b. an example of cyclical unemployment.
c.an example of frictional unemployment.
d. likely to find employment quickly if she seeks training in a different field

Factory rent 3140
Company advertising 1070
Wages paid to assembly workers 31000
Depreciation for salespersons' vehicles 2180
Screws 580
Utilities for factory 870
Assembly supervisor's salary 3520
Sandpaper President's salary 135
Plastic tubing 5040
Paint 4170
Sales commissions 225
Factory insurance 1210
Depreciation on cutting machines 1100
Wages paid to painters 2130
Determine the total cost for each of the following:
a. Direct Materials
b. Direct Labor
c. Manufacturing Overhead
d. Prime Cost
e. Conversion Cost
f. Total Product Cost