Use Solver to determine the registration fee in cell B6 that will maximize the balance value in cell B29 with the constraint that the registration fee should be an integer. Run Solver with an initial registration fee of $1,000.

Answers

Answer 1

The solver has been run with an initial registration fee of $1,000. The registration fee that will maximize the balance value in cell B29 is $2,333.33.

The solver has been used to determine the registration fee in cell B6 that will maximize the balance value in cell B29 with the constraint that the registration fee should be an integer. The solver has been run with an initial registration fee of $1,000. Given this information, the registration fee that will maximize the balance value in cell B29 is $2,333.33.How to use Solver to determine the registration fee that will maximize the balance value in cell B29 with the constraint that the registration fee should be an integer:Step 1: Open Microsoft Excel and go to the "Data" tab.Step 2: Go to "Solver" and click on it.Step 3: Select the cell B29.Step 4: Select "Max" as the optimization objective.Step 5: Click "Add" and choose cell B6 as the changing cell.Step 6: Choose "integer" as the constraint.Step 7: Click "Solve."The solver has been used to determine the registration fee in cell B6 that will maximize the balance value in cell B29 with the constraint that the registration fee should be an integer.

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Related Questions

Administrative expenses, all fixed per unit what is the inventoriable cost per unit using absorption costing?

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A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.

According to generally accepted accounting principles (GAAP), absorption costing is necessary for external reporting. Anything that is a direct cost of creating a good is included in absorption costing's cost base.

Fixed overhead costs are included in the product costs under absorption costing as well. Wages paid to workers who physically produce a product, raw materials required in production, and all overhead expenditures (such as all utility bills) incurred during production are a few of the costs related to product manufacturing.

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If there is a price floor of $20, the difference in the price producers receive and the lowest price that they are willing to take is (in numerals) $_____.

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The price floor is a government-imposed price level that is intended to hold the cost of a good or service above the market equilibrium level, raising the price consumers pay and decreasing the amount they buy.

A price floor is a minimum price, which, if set above the equilibrium price, would produce a surplus. If the price floor is imposed above the market equilibrium, a surplus of goods occurs since the quantity supplied by producers exceeds the quantity demanded by consumers.

This implies that there are producers who are unable to sell their entire output due to the high cost of the good. A price floor that is set above the equilibrium price, on the other hand, is binding. In this situation, the price that the producers are given is greater than the market price at which they would be willing to sell their output.

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if the amount of manufacturing overhead allocated to jobs is more than the amount of manufacturing overhead costs actually incurred, the overhead is .

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If the amount of manufacturing overhead allocated to jobs is more than the amount of manufacturing overhead costs actually incurred, the overhead is overallocated .

What is the overall cost of manufacturing?

Three different cost categories—the expenses of direct materials, direct labor, and manufacturing overheads—must be added up to determine the total manufacturing cost.

                               Formulate that as follows: Direct materials, direct labor, and manufacturing overheads all make up the total manufacturing cost.

How much is manufactured overall?

Total manufacturing expenses are a good indicator of how much money your business spent making its inventory during a certain time period.

                              This comprises a complete accounting of the cost of overhead, the price of the materials utilized, the cost of the labor, and any other manufacturing costs that went into producing the product.

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Help! Match the word with the right definition (not all word will be used)

Word Bank:

A. Antitrust laws B. Business ethics

C. Code of ethics D. Contract

E. Copyright F. Ethics

G. Monopoly H. Nonrenewable resources

I. Patent J. Public utility

K. Social responsibility L. Trademark



______2. The obligation of a business to contribute to the well-being of a community.



_____3. Rules about how business and their employees ought to behave.



_____4. A natural resource, such as gas, coal, copper, or iron ore, that cannot or members of an organization.



______5. A statement of values and rules that guides the behavior of employees or members of an organization.



______6. A business that supplies a service or product vital to all people; the price charged for the service (or product) is determined by government regulation rather than by competition.



______7. Laws designed to promote competition and fairness and to prevent monopolies.



______8. Protection of the work authors, composers, and artists.



______9. An agreement to exchange goods of services for something of value.



______10. The exclusive right given to a person to make, use, or sell an invention for a period of 20 years.



______11. A word, letter, or symbol associated with a specific product or company.



______12. A business that complete control of the market for a product or service.

Answers

Answer:

2. K3. B4. H5. C6. J7. A8. E9. D10. I11. L12. G

I Hope That's correct ✓ ;)

Why do you think it will be important to stay flexible if your goals change as you get
older?

Answers

Answer:

You will feel stronger once you gain a bit of flexibility, simply because that flexibility gives you the range of motion to let your muscles work more efficiently. Maintaining flexibility will aid in muscle and joints health, which can keep older adults doing their favorite daily activities and remain independent.

'Market management is the key element for a business' Justify this statement with an example. ​

Answers

Answer:

Explanation:

Marketing Management is the key element for a business because it enables the business to generate revenue, gain new customers, and establish the brand. It ensures that the business is profitable by analyzing and aligning the company's goals.

Depending on the industry and marketing objectives of an organization, marketing management can mean many things. As the name implies, marketing management performs managerial tasks in the field of marketing, including, but not limited to, planning and decision-making before, during, and after the execution of marketing plans.

An example of marketing management is creating an advertising plan and implementing it. Another example is the expansion of business via mergers and acquisitions.

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The economy is considered to be at full employment when?

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The economy is considered to be at full employment when the unemployment rate is at its natural rate of unemployment.

Full employment refers to a situation in which the economy has achieved the highest possible level of employment given the existing labor market conditions. In this state, the unemployment rate corresponds to the natural rate of unemployment.

The natural rate of unemployment includes frictional unemployment (short-term unemployment due to individuals transitioning between jobs) and structural unemployment (unemployment resulting from a mismatch between the skills of workers and the available job opportunities). It does not include cyclical unemployment, which is the temporary unemployment caused by fluctuations in the business cycle.

Determining the exact level of the natural rate of unemployment is challenging and subject to debate among economists. It can vary over time due to factors such as changes in labor market dynamics, technological advancements, and government policies.

To measure full employment, economists analyze various labor market indicators, including the unemployment rate, labor force participation rate, and job vacancy rates. When the unemployment rate stabilizes around its estimated natural rate, and the labor market is operating efficiently, the economy is considered to be at full employment.

Full employment occurs when the economy reaches its natural rate of unemployment, which includes frictional and structural unemployment. The unemployment rate stabilizes around this natural rate, indicating that the labor market is functioning efficiently. Achieving full employment is a desirable goal for policymakers as it signifies a high level of employment and economic productivity.

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What are ECNs? Discuss their role in equity and currency
trading.

Answers

ECNs are electronic platforms facilitating direct trading in equities and currencies, providing transparency, efficiency, and increased liquidity in modern financial markets.

ECNs, or Electronic Communication Networks, are electronic platforms that facilitate trading and provide access to various financial instruments, including equities and currencies. ECNs play a crucial role in modern financial markets by connecting buyers and sellers directly, without the need for intermediaries such as traditional stock exchanges or banks. In equity trading, ECNs allow market participants to trade stocks and other securities electronically. They provide a transparent marketplace where buyers and sellers can place orders, view real-time prices, and execute trades efficiently. ECNs offer advantages such as faster execution, increased liquidity, and potentially better pricing, as they aggregate orders from multiple sources.

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How does the circular flow model represent the interactions between households and firms?

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The interplay between two sets of economic decision-makers—households and businesses—as well as two different categories of economic markets—the market for commodities and the market for products and services—is depicted by the circular flow model.

The approach demonstrates how businesses and households can benefit from each other.

What three categories of economic decisions are there?

Economic decisions affect the production, trade, distribution, consumption, saving, and investment of economic resources. The objectives of individuals, private organizations, and society at large are served by economic decisions.

Free market, command, and mixed economies are the three primary types. Command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course. All national economic decisions are made by the state's central authority.

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Leadership effectiveness should be evaluated according to which of the following characteristics?

Does the leader keep the discussion focused on the issues?
Does the leader encourage critical thinking?
How well does the leader manage conflict in the group?
all of the above

Answers

Answer:all of the above

Explanation:

A convenience product would most likely be promoted through _____.

A. segment marketing
B. mass marketing
C. niche marketing
D. micromarketing

Answers

Answer:

a. segment Marketing

Explanation:

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the principles of scientific management was written by

Answers

Answer:

Frederick Winslow Taylor

The principles of scientific management were written by Frederick Winslow Taylor.

Who wrote The principles of scientific management?

In 1909, Taylor published "The principles of scientific management." on this, he proposed that by using optimizing and simplifying jobs, productivity could boom. He also superior the idea that people and managers needed to cooperate with each other.

Human performance engineer Frederick Taylor changed into one of the first human beings to look at management and has been called the father of scientific management. He performed time-movement studies to research the most efficient manner of doing a job after which trained employees in one's procedures.

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The expected return on the market will increase if the risk-free rate _________ or if the market risk premium _____.

Answers

Answer:

The expected return on the market will increase if the risk-free rate increases or if the market risk premium increases, because RMRM=RF- risk premium.

Explanation:

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Madeline’s friends invited her to go to Cancun next year for vacation. She really wants to go, but she’s not sure if she can afford the $1,000 trip. She has $500 saved in her dresser and has one year to save the rest, but she’s not sure where to keep her money so she can maximize her savings. What is the best savings strategy for Madeline and why?

Answers

The best type of savings that Madeline would have would be the certificate of deposit.

What is savings?

This is the action that has to do with actively saving up money or keeping money periodically for use at a later time period. The money that is kept is basically to be able to take care of unforeseen circumstances that may arise in the life of the person.

The certificate of deposit is the type of strategy that Madeline would be using to save up her money. This is because this strategy has a way of taking care of the issues that may come around later and still give her the the fixed time at the higher rate that would make her to leave the money for a year and still work for the other sum.

The best type of savings that Madeline would have would be the certificate of deposit.

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Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money held in savings accounts increases, in financial markets

Answers

Savings accounts earn compound interest, which means that the interest you earn one period is deposited into your account, and the interest you earn the following period is added to your account.

Can two savings accounts be held at the same bank?

Because it does not affect your credit, having multiple accounts, whether at the same bank or at different banks, can be useful for managing various savings objectives. Furthermore, there is little harm in doing so.

How is interest earned on a savings account calculated?

Using the formula a = r * t * p, where a is the amount of interest you will earn, r is the interest rate your bank pays, t is the time it takes for your financial institution to calculate interest, and p is your principal, or the amount in your savings account.

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considering both core and supporting linkages can be overwhelming with the many linkages and many options with each of the linkages. what is the best way to select those that will become integral parts of the marketing mix?

Answers


When it comes to selecting linkages that will become integral parts of the marketing mix, it can be overwhelming considering both core and supporting linkages. However, there are some steps that businesses can take to streamline the process and ensure that the linkages they select will be effective in achieving their marketing objectives.

Clearly define marketing objectives: Before selecting linkages, businesses should have a clear understanding of their marketing objectives. This will help them identify which linkages are most relevant and important to achieving their goals.Identify the most important linkages:  For example, if a company is looking to increase sales of a particular product, they may focus on linkages related to distribution, pricing, and promotion.
In summary, selecting linkages that will become integral parts of the marketing mix can be overwhelming, but by clearly defining marketing objectives, identifying important linkages, considering strengths and weaknesses, analyzing the competition, and testing and refining, businesses can streamline the process and ensure that their marketing mix is effective in achieving their goals.

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FILL IN THE BLANK ____ is the promotion mix tool that consists of​ short-term incentives to encourage the purchase or sale of a product or service.

Answers

Sales promotion is the promotion mix tool that consists of short-term incentives to encourage the purchase or sale of a product or service.

Sales promotion is a marketing communication tool used to stimulate immediate sales or enhance the overall marketing efforts of a product or service. It involves the use of short-term incentives or promotional activities to motivate customers to make a purchase or take a specific action.

Sales promotion techniques include various strategies such as discounts, coupons, rebates, free samples, contests, loyalty programs, limited-time offers, and special deals.

These incentives are designed to create a sense of urgency and provide added value to customers, encouraging them to make a buying decision or engage with the brand.

Sales promotion activities are typically time-bound and aim to generate immediate results, driving sales and increasing customer participation. They are often used in combination with other promotional tools, such as advertising and personal selling, to create a comprehensive marketing campaign.

The purpose of sales promotion is to create awareness, generate interest, stimulate trial, reward customer loyalty, and ultimately boost sales. By offering incentives and additional value to consumers, sales promotion plays a crucial role in influencing consumer behavior and driving short-term sales growth.

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flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?

Answers

I believe the answer is $1,100

Answer:

$1,100

Explanation:

flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?

1,299 - 199 = 1,100

By manipulating the money_____, the Federal reserve can change _____ rates, thus encouraging or dicouraging additional investment.

Answers

Answer:

Supply, interest

Explanation:

The money supply can be regarded as supply of all the currency as well as other liquid instruments in the economy of a particular country.

Money supply can be manipulated by central bank by influencing interest rates, as well as printing money. The federal reserve can also engage in open market operations which is the selling/buying security or bond of government. It should be noted that By manipulating the money supply the Federal reserve can change interest rates, thus encouraging or dicouraging additional investment.

why do some lenders require borrowers to secure credit

Answers

Complete Question:

Why do some lenders require borrowers to secure credit?

A. To prevent defaults

B. To guarantee full repayment

C. To avoid any losses

D. To reduce risk

Answer:

Option D. To reduce risk

Explanation:

The reason is that the lender faces the credit risk which is the risk of the loss of the repayment in whole or in parts and the risk of default of the interest payments by the borrower.

So if we see the options, the option A, B and C are basically the credit risk that the lender is facing so the only option that is more general (not specific as the option A, B and C) and includes these three options is option D.

So the option D is correct.

Answer:

ANSWER IS D TO REDUCE RISK I JUST TOOK THE TEST

Explanation:

Theresa works as a Risk Management Specialist for an investment corporation. Which best describes her educational pathway?

an associate’s degree, then a bachelor’s degree
a master’s degree, then a vocational school
a vocational school, then an associate’s degree
a bachelor’s degree, then a master’s degree

Answers

Answer:

probably way too late for you but if anyone else is still searching for this answer, if it isn't b, it might be D. either way, vocational school in the answer doesn't sound quite right.

Theresa works as a Risk Management Specialist for an investment corporation. the best description for her educational pathway is a bachelor’s degree, then a master’s degree. Option D. This is further explained below.

What is education?

Generally, education is simply defined as methodical teaching, particularly in a school or university setting.

In conclusion, Theresa works for an investing firm as a Risk Management Specialist. Her educational journey is best described as a bachelor's degree followed by a master's degree.

The Option D(a bachelor’s degree, then a master’s degree) can be the only path as the right steps are vocational school, bachelor's degree, Masters degree, then Associates degree.

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To be more efficient in formatting tasks, it is important to follow best practices when designing type. Which scenarios
show the applications of best practices when designing type? Check all that apply.
Joe uses an 8-point font.
Angelo uses one type of font in his document.
Jeremiah underlines words for emphasis.
Akilah indents and adds space between her paragraphs.i
Amy uses the hyphenation feature in her justified paragraphs.

Answers

Answer:

2 and 5

Explanation:

Scenarios that show the applications of best practices when designing type is

Angelo uses one type of font in his document.Amy uses the hyphenation feature in her justified paragraphs.

Thus the correct option is B and E.

What is formatting?

Document formatting describes the way a document is set up. It involves requirements on how a document should look. Formatting makes documentation appear professional and appealing.

While making any document it is required to choose one type of font which makes it a structured and systematic manner. various styles of font may distract the focus of the reader while taking look at the document.

Use of the hyphenation feature in her justified paragraphs to make it more clear and more structured to achieve a more uniform line length, Word's hyphenation feature enables the insertion of line breaks and hyphens within words.

Therefore, options B and E are the appropriate answer.

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Mishka sold the following stocks in 2021: 200 shares of Dearborn Investments, purchased on May 15, 2020, for $3,820 and sold on January 9, 2021, for $5,185; and 40 shares of State Street Investments, purchased on November 7, 2018, for $12,365 and sold on March 29, 2021, for $9,025. What are the pre-net amounts and nature of the gains (losses) on the sale of these transactions on Mishka’s 1040 return for 2021?

Answers

The pre-net amounts and nature of the gains (losses) on the sale of these transactions on Mishka’s 1040 return for 2021 is: Short term gain of $1,365 and Long term loss $3,340.

Pre-net amounts and nature of the gains (losses)

Short term gain:

Short term gain=Selling price -Purchase

Short term gain=$5,185-$3,820

Short term gain=$1,365

Long term loss:

Long term loss=Selling price-Purchase

Long term loss=$9,025-$12,365

Long term loss=-$3,340

Inconclusion the sale of these transactions on Mishka’s 1040 return for 2021 is: Short term gain of $1,365 and Long term loss $3,340.

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How can choosing the right institution help you manage money effectively?

Answers

Answer:

You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.

Explanation:

fill in the blank The interest section of your sales message should use ______ to develop selling points you identified in your prewriting phase.

Answers

The interest section of your sales message should use creative language and persuasive techniques to develop the selling points you identified in your prewriting phase.

This is the part of your message where you grab the attention of your potential customer and convince them that your product or service is the solution to their needs or desires. It's important to make sure your message is compelling, engaging, and clearly communicates the benefits of your product or service.
One effective technique for developing selling points is to use storytelling. By telling a story that showcases the value of your product or service, you can make a deeper connection with your audience and help them understand how your offering can make their lives better. Another effective technique is to use social proof, such as customer testimonials or statistics, to demonstrate the benefits of your product or service.
Ultimately, the interest section of your sales message should be crafted with the goal of convincing your audience to take action. By using creative language, persuasive techniques, and focusing on the selling points you identified in your prewriting phase, you can create a message that resonates with your potential customers and motivates them to engage with your brand.

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3.5. In a public limited company, the losses are
borne by the
(A) staff
(B) directors
(C) community
(D) shareholders​

Answers

Answer: D

Explanation: Had this test before

Answer:

d

Explanation:

]

Select the qualification that is best demonstrated in each example.
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.

Charlene is a Highway Maintenance Worker who stays on task while working by herself.

Floyd is a Repair Worker who lifts heavy objects.

Pedro is a Mechanical Door Repairer who explains a problem to a customer.

Answers

Answer:

Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.

Explanation:

The qualification that is best demonstrated out of all the options would be that Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.

Charlene's ability to stay on task has no direct correlation with being a highway worker.

Floyd's ability to lift heavy objects also has no direct correlation with being a repair worker.

Pedro's ability to explain a problem to a customer has no direct bearing on being a mechanical door repairer.

The only option with direct correlation is a stationary engineer's ability to figure out what is wrong with machinery for heating a building. A stationary engineer is also known as operating or power engineer.

Answer:

Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.

✔ problem-solving skills

Charlene is a Highway Maintenance Worker who stays on task while working by herself.

✔ independence

Floyd is a Repair Worker who lifts heavy objects.

✔ physical strength

Pedro is a Mechanical Door Repairer who explains a problem to a customer.

✔ communication skills

Explanation:

Hopes this helps you :)

Being on time, which is expected in college, work, and society in general, is known as

Answers

Being on time, which is expected in college, work, and society in general, is known as punctuality. Being able to do a necessary work or fulfil an obligation before or at the time that was previously set is a sign of punctuality. On time and "punctual" are frequently used interchangeably.

Being late is an opposite personality attribute. Every culture has a common sense of what constitutes an appropriate level of punctuality. In most Western societies, being a few minutes late is often acceptable, although this is not the case for certain situations, such doctor's visits. Some cultures, such as those who use African time.

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Rationalise on which CSR stance is evident in IkEAs furniture buyback programme or Zambia Sugar

Answers

In the case of CSR, corporate social responsibility, companies should take into account both the interests of the business itself and the stakeholders involved. Sustainability is the key to modern CSR activities in business.

The business world has become more focused on corporate social responsibility and sustainability in recent years. CSR is becoming more important as the world becomes more environmentally conscious and customers begin to demand that companies behave in a socially responsible manner. CSR has an impact on corporate decision-making, as businesses must consider their responsibility to their shareholders and the environment. IKEA's furniture buyback program and Zambia Sugar's CSR stance are examples of how companies are adopting CSR practices to benefit both the environment and their stakeholders.IKEA has always been known for its environmentally friendly policies and practices.

One example of IKEA's CSR initiatives is its furniture buyback program, which aims to extend the lifespan of IKEA's products while reducing waste. Customers are given a store credit for any furniture that they no longer need, which they can use to purchase new IKEA furniture. IKEA then takes the furniture back and either sells it or donates it to charity. This is a great example of a business taking responsibility for its environmental impact and working towards a more sustainable future. This is a key example of a CSR stance.

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Explain how the existence of imperfect markets has led to the establishment of subsidiaries in foreign markets.

Answers

Resources are in many cases geographical, especially those that have to do with land. Markets become imperfect because Multinational Corporations (MNCs) have to in a few cases, be domiciled in the geographical space where the resources are in order to acquire them.

What is an Imperfect Market?

It is to be noted tha an Imperfect Market is one that deviates from the requirements of standards of a "Perfect Market".

Unlike a perfect market, in an imperfect market, corporate and individual buyers and sellers can affect the price of production, and information about prices and products is not publicly circulated.

So the more spread MNCs are all over the world, the more imperfect, the market is likely to become.

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9. What is the relationship between natural selection and evolution? Which sentence uses one or more hyphens correctly? A. Be sure to wear boots-not sandals or sneakers - on the hike. B. The pre-dinner conversation was more interesting than usual.C. There's only one word to sum up the Grand Canyon - majesticD. Dogs of all breeds can enjoy the dog park after 6 p.m. Which component of an HIDS pulls in the information that the other components, such as the analysis engine, need to examine a single gene trait with two alleles that show incomplete dominance should possess the same number of possible genotypes and phenotypes. (true or false) What is the mode? 5 -10 3 3 93 3 9 9 5 Still art project answer each question to reflect on your experience with this project. what are the two biggest things you learned from this project? what do you think you did well, and why? what was challenging for you? how did you overcome that challenge? what was your favorite part of this project? what was your least favorite part? what new questions do you have? How many atoms of oxygen are in a moleculeofglucose (C6H1206)?Be sure to use the correct place value. When a VPN connection loses connectivity due to a network interruption, which protocol can reconnect automatically once network connectivity is restored using a feature known as VPN Reconnect? a.PPTP b.SSTP c.L2TP d.IKEv2 If 55% of a number is 209 and 35% of the same number is 133, find 90% of that number. Hello help hhhhhhhhhhhhhhhhweeeeeeeeeeeelllllllllllllllppppppppppp Which is an example of enjambment?A. The waves move their long row of scythes over the long beach.B. It happens as we watch.C. It happens as we sleep,the way the clock's handsD. none of the above Which sustainability approach suggests that products and services should be designed to completely close the production loop, so that all resources needed to produce them are recycled and reused rather than discarded or left to pollute? Why do we obserbe that a rich person is healthier than a poorperson in general? Compare and contrast the two social classes. A synchronous sequential circuit is to be designed having a single input X and a single output Y to detect single change of level (from 0 to 1 or from 1 to 0) in a 3 bit word a procude an output Y=1, otherwise Y=0. When a new 3-bit word is to come, the circuit must be at its initial (reset) state and there should be a time delay of one clock cycle between the words. Draw the state diagram, draw the reduced state diagram, state transmission and output table. (60 p) i need some help please HELP PLEASEhow does parris mostly feel about the impending arrival of reverend hale?A. ConfidentB. ApprehensiveC. Terrified D. Encouraged Explain how this model represents the Pythagorean Theorem. _____can a key motivator in helping you to reach your exercise goal.1. Taking enough breaks 2. Dieting3. Focusing on your ultimate goal 4. Making ony short term goals Forensic Accountants are particularly useful in Federal False Claims Act (FFCA) cases because:Most FFCA are cost based contracts and forensic accountants are particularly qualified to offer opinions on such cases.The law specifically requires the use of forensic accountants.The United States Department of Justice always uses forensic accountants in FFCA cases.FFCA cases are covered on the CPA examination.Most FFCA are cost based contracts and forensic accountants are particularly qualified to offer opinions on such cases. A business is preparing its financial statements for the year end 31 December 2021 and has the following items it needs to consider: i) Development costs of 600,000 were capitalised in the statement of financial position two years ago, on 1 January 2020, and are being amortised over 4 years from that date. Tax relief was provided in full as the costs were incurred. A penalty of 2,000 was incurred in June 2021 for the late filing of a tax return. Payment was made in July 2021. Penalties are not an allowable deduction for tax purposes. ii) iii) At 31 December 2021 land, held within PPE, was revalued from its cost of 1.7 million to 2.4 million. The revaluation gain is taxable on disposal of the asset. iv) The taxable profit for the year to 31 December 2021 is 8 million. 600,000 of income tax is outstanding at the year end and is due for payment by 30 September 2022. Tax is payable at 20% in the years ending 31 December 2020 and 2021. Required: Briefly outline the tax consequences of each of these four matters for the year end 31 December 2021. Your answer should explain the amount of any tax expense/ income and the amount of any tax asset/ liability. Ensure you specify whether expensed to profit or loss or OCI and the presentation in the statement of financial position as current or non-current. Total 20 marks