Justin Stone was an employee of DataCare Services, Inc. His salary was $45,000 through November 10, 2018, when he was laid off. DataCare Services provided medical insurance for Justin and his family during his employment and agreed to continue this coverage through the end of 2018. He received $7,000 of unemployment compensation from November 11, 2018, through December 31, 2018. FICA withholdings were as follows: Social Security of $2,790 ($45,000 X 6.2%) Medicare of $653 ($45,000 X 1.45%) Justin lives at 112 Green Road, Crown City, OH 45623. His Social Security number is 111-11-1112. Justin owned an apartment building until November 22, 2018, when he sold it for $200,000 (the apartment building’s address is 4826 Orange Street, Crown City, OH 45623). For 2018 he had rent revenue of $33,000. He incurred and paid expenses as follows: $4,568 of repairs $12,000 of mortgage interest $10,000 of real estate taxes, and 1,000 of miscellaneous expenses. He purchased the building on January 2, 2012, for $125,000. The building generated an operating profit each year that Justin owned it. Other information follows:

On November 22, 2015, Justin sold for $3,500 equipment that had been used for repairing various items in the apartments. The equipment was purchased for $25,000 on July 10, 2008, and was fully depreciated prior to 2015.

Justin has $3,000 of unrecaptured 1231 losses from prior years Justin is age 38; is single; is divorced; and has custody of his 9-year-old son, Flint.

Justin provides more than 50% of Flint’s support. Flint’s Social Security number is 123-45-6789 Justin had $1,000 interest income from Blue Corporation bonds.

Justin had $1,500 interest income from a State Bank Certificate of deposit. Justin had a $2,000 0%/ 15%/ 20% Long-term capital gain distribution from the Brown Stock Investment Fund Justin had the following itemized deductions: $4,600 real estate taxes on his home $8,900 mortgage interest on his home $4,760 charitable contributions (all in cash, all properly documented, and no single contribution exceeding $25) $4,300 state income tax withholding during 2015 $2,000 state estimated income tax payments during 2015 $2,600 sales taxes paid Justin does not want to donate to the Presidential Election Campaign Fund. He had $10,000 of Federal income tax withholding during 2018 and made total Federal estimated income tax payments of $12,000 during 2018. Compute Justin’s 2015 net tax payable or refund due. You must use tax forms for your computations; you will need Form 1040 and Schedules A, B, D and E. You will also need Form 4797.

1. Assignment 3: Creating Training Tools
   Due Week 9 and worth 200 points
   Imagine your manager has requested that everyone in the company take the StrengthsFinder test. Now, your manager has asked you to put together a training tool on how to best coach and develop employees in the decision-making process who have varied strengths.
   Write a three to five (3-5) page document for your manager in which you:
   
   1. Describe a decision-making process for employees with two different strengths. Determine how the process might be approached differently for each employee to produce the best results. Use scenarios to convey your idea.
   2. Explain how a manager could develop employees with different strengths. Use scenarios to convey your idea.
   3. Format your assignment according to the following formatting requirements:
      1. This course requires use of new Strayer Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
      2. Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
      3. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
   4. The specific course learning outcomes associated with this assignment are:
   • Explain the decision-making process management uses to develop viable courses of action to a variety of management situations.
   • Explain the multiple aspects of the managerial planning process and the application of various business- and corporate-level strategies.
   • Use technology and information resources to research issues in management concepts.
   • Write clearly and concisely about management concepts using proper writing mechanics.
   • Click here to view the grading rubric for this assignment.

Explore The Political Compass (Links to an external site.)Links to an external site. website and take the quiz. Take the time to notice where your responses landed you on the Political Compass grid and where that point is in relation to world leaders. Then, read Chapters 13 and 14 in your textbook and the article, “The Rise of Conservatism Since World War II.”

Consider the information on The Political Compass (Links to an external site.)Links to an external site. website. How well did the information on the website conform to your own views of what “liberal” and “conservative” mean? How well did the information conform to the media’s portrayals of “liberal” and “conservative”? Think about the information that you read in the textbook and in the article “The Rise of Conservatism Since World War II.” Reflect on the reasons that conservatism gained more popular support in the last part of the 20th century and what effect conservative policies have had on different groups. Think about the many developments that we have explored over the past five weeks and how they have contributed to the political, social, and economic issues that the United States faces today. Think about how history can help us understand the issues of today. 

Consult The Anatomy of a Discussion Board (Links to an external site.)Links to an external site. as well as Critical Thinking: A Guide to Skillful Reasoning (Links to an external site.)Links to an external site. as you formulate your response.

Based on your textbook and the required article, address the following items: 

• Explain at least three reasons for the rise of conservatism in the last part of the 20th century.
• Explain at least one way in which the rise of conservatism had a positive or negative impact for a specific group of Americans.
• Then, select an issue that you feel is important today. How does a knowledge of history help us gain a better understanding of this issue?

Your initial post should be at least 250 words in length. Your post should make reference to the required materials with in-text citations. Your references and citations must be formatted according to APA style as outlined by the Ashford Writing Center. You may use additional scholarly sources to support your points if you choose.

Purpose of Assignment

Reconciling bank accounts is a good way to help maintain internal controls over cash. With time lags and posting errors it is easy for cash transactions to be omitted, recorded in a different accounting period, or reflect incorrect amounts. This assignment with give you practical experience in reconciling the cash balance as noted on the company books to the bank's records. 

Assignment Steps 

Resources: Financial Accounting: Tools for Business Decision Making 

Scenario: Daisey Company is a very profitable small business. It has not, however given much consideration to internal control.  For example, in an attempt to keep clerical and office expenses to a minimum, the company has combined the jobs of cashier and book-keeper. As a result, Bret Turrin handles all cash receipts, keeps the accounting records, and prepares the monthly bank reconciliations. 

The balance per the bank statement on October 31, 2017, was $18,380. Outstanding checks were No. 62 for $140.75, No. 183 for $180, No. 284 for $253.25, No. 862 for $190.71, No. 863 for $226.80, and No. 864 for $165.28. Included with the statement was a credit memorandum of $185 indicating the collection of a note receivable for Daisey Company by the bank on October 25. 

This memorandum has not been recorded by Daisey. 

The company's ledger showed one Cash account with a balance of $21,877.72. The balance included undepositied cash on hand. Because of the lack of internal controls, Bret took for personal use all of the undeposited receipts in excess of $3,795.51. He then prepared the following bank reconciliation in an effort to conceal his theft of cash:

  Cash balance per books, October 31   $21,877.72   Add: Outstanding checks       No. 862 $190.71     No. 863 226.80     No. 864 165.28 482.79       22,360.51   Less: Undeposited receipts   3,795.51   Unadjusted balance per bank, October 31   18,565.00   Less: Bank credit memorandum   185.00   Cash balance per bank statement, October 31   $18,380.00   

Prepare a 1,050-word bank reconciliation report (hint: deduct the amount of the theft from the adjusted balance per books) including the following: 

• Indicate the three ways that Bret attempted to conceal the theft and the dollar amount involved in each method.
• What principles of internal control were violated in this case? 

Show all work in the Excel® spreadsheet and submit with the reconciliation report.

Perform an internet search for a current health care organization of your choice (preferably publicly traded for-profit organizations because these organizations must report all financial data and make it available to the public). In your search, select and evaluate the report of the financial information from the past 4 quarters or more. Complete the following for this assignment:

• Predict the effect of changes in all financial metrics to changes in a proposed strategic plan in your chosen organization for the following 3 scenarios:
  • Payer mix changes from 50% Medicare and 5% Medicaid patients to 70% Medicare and 10% Medicaid patients in 1 year.
  • Professional turnover goes from 5% annually to 10% annually.
  • Demand for services increases 20% in 1 year
• Search course materials including your text and the Internet for assistance in completing applicable financial calculations for this assignment.
• Using the statements that you located, provide a financial plan that will do the following:
  • Create projected financial statements to analyze effects of alternate operating assumptions on the firm’s financial condition
  • Determine the projected financial requirements that will be needed to support each of the 3 sets of alternate operating instructions
  • Forecast the financial sources that might be needed to support your alternative assumptions
  • Assess the projected results using a financial condition analysis to the forecasted data
• Provide appropriate spreadsheets such as Projected Income Statement and Projected Balance Sheets to validate your projected assumptions.
• Consider the effect of the following factors to justify the changes that may be needed to the strategic plan as a result of your analysis:
  • Validity of data in the decision-making process
  • Revenue growth rate
  • Capacity
  • Rate of turnover