Author: chris

need a one week long math lesson plan using the five e’s format from prince george’s county maryland public schools. I will upload chapter two of the my math series. need to combine lesson 2-1, 2-2, 2-3, 2-4, 2-5, 2-6, 2-7,2-8, 2-9 . for grade 4 please make sure you use the 5 e format make sure there are 5 phase one – engagement make sure there are 5 phase five – evaluate Think of each activity in each E of the plan and how much time you give for each. Not necessarily 5 for exploration bc it could take 3 or 4 to days to complete, exploration can be centers, a project, big problems or a scavenger hunt in which students will take longer to do (2 days). The teacher during elaboration brings the knowledge back from students to the teacher so the teacher can connect and correct any knowledge or misunderstanding, teach rules, procedures etc. Also, keep in mind that students must read, speak and write during the math block. Time for that is needed as well. If you include 2 or 3 ‘meaty’ activities within the lesson plus warm ups and homework, you’ll b fine! Your lesson plan can last at least 4 – 5 days. Hope this helps please make sure you use the 5 e format make sure there are 5 phase one – engagement make sure there are 5 phase five – evaluate Think of each activity in each E of the plan and how much time you give for each. Not necessarily 5 for exploration bc it could take 3 or 4 to days to complete, exploration can be centers, a project, big problems or a scavenger hunt in which students will take longer to do (2 days). The teacher during elaboration brings the knowledge back from students to the teacher so the teacher can connect and correct any knowledge or misunderstanding, teach rules, procedures etc. Also, keep in mind that students must read, speak and write during the math block. Time for that is needed as well. If you include 2 or 3 ‘meaty’ activities within the lesson plus warm ups and homework, you’ll b fine! Your lesson plan can last at least 4 – 5 days. Hope this helps GM, also include fluency activities-(basic facts), vocabulary development (interactive notebook activity and on Friday you can do review activities and then a big quiz less follow chapter 10 as an example make sure there are four group rotation

Requirements

Choose about six UK companies that have options written on them. You will need sufficient data to be able to adequately discuss and illustrate the issues developed in the assignment, so about six should be enough. However, if you find your results are limiting your scope for discussion you may need to run the techniques for a few more companies to get additional results.

Stock prices can be obtained from Yahoo Finance UK or other free website, DataStream or Bloomberg. Option prices can be obtained from the
from Bloomberg.

Step 1: For each of your companies compute the daily, weekly and monthly returns using 5 years of data. Also compute the daily, weekly and monthly returns for the FTSE100 index. This gives you 3 x 7 = 21 returns series altogether.

Step 2: Test the random walk hypothesis for each series using the runs test on SPSS.

Step 3: Carry out a serial correlation test on the series using SPSS (or some other computer statistics package).

Step 4: Carry out a normality test on the daily, weekly and monthly returns of each company and of the index.

(Steps 1, 2, 3, and 4 are worth 25% of the assignment grade)

Step 5: Critically discuss the results you obtained in steps 1, 2, 3, and 4.

Relate the results you have obtained to the underlying assumptions made in option pricing theory, namely that stock returns follow a random walk and that stock returns are normally distributed.

Interpreting statistical results is a matter of judgement and organised commonsense. It is not a technical matter of applying another formula.

(Step 5 is worth 25% of the assignment grade)

In this part you are testing some of our basic assumptions about stock returns. You are testing whether stock returns really follow a random walk in (2) and (3), and in (4) you are testing whether stock returns really are normally distributed. In other words, you are testing whether Brownian motion is a good model for stock returns.

Step 6: Compute the theoretical value of a selection of calls and puts written on your stocks using the Derivagem options pricing software. Also compute the theoretical value of one call option and one put option using the Black-Scholes formula.

Compare the theoretical values and current market prices of the options. On the basis of this (limited) piece of empirical research, do market prices appear to be consistent with theory? Critically discuss.

(Step 6 is worth 25% of the assignment grade)

Step 7: Calculate the volatilities implied by the market prices of the options, using Derivagem. By calculating implied volatilities on selected options, do you find evidence of mispricing in the options market? If so, explain at least two strategies for exploiting this apparent mispricing. Critically discuss.

(Step 7 is worth 25% of the assignment grade)

Written report

Write a report. Your report should contain:
(1) A clear summary of your results.
(2) A brief and clear explanation of how you carried out the calculations.
(3) A critical discussion of your results and conclusions.

The requirements (1), (2) and (3) are very important. Make sure you try to achieve these in your written report.

For example, using clearly presented tables to summarise your results in (1) is good. Spending pages and pages describing in detail what the reader can clearly see from the tables is bad.

If you write a poorly structured report with a bunch of spreadsheets/printouts attached at the end, it is very difficult for the examiner to know what your results are, whether you have carried out the calculations correctly, what your conclusions are, and in general, whether or not you understand what you are doing.

Your aim in writing your report must be to convince the reader that you have complete confidence in applying these techniques, that you understand the ideas behind these applications, and that you can critically discuss the results and form reasonable conclusions.

Hints and mistakes to avoid

In general, we will give help and feedback in showing how to use the techniques, but the discussion, explanation and interpretation required in the report is mostly up to you. If you add up the marks you will see that around 50% of the assignment grade is for explanation, discussion and interpretation. This should be reflected in your report.

Try to do the statistical tests first yourself, and then come to see us if you get stuck.

When discussing the results from the statistical tests and from the option pricing calculations, it is important that your report does not simply describe the results you get. Simply listing the results is something that is best done by putting them in a table.

When interpreting the results of statistical tests, you need to consider what the results say overall. This is an art, not a science. Some people think that interpreting statistical results means applying another formula. It isn’t. It is a matter of judgement, on which experts themselves often disagree. So, don’t be concerned that you do not know enough statistics to interpret the results. A lot of it is just looking at the results as a whole and using common sense.

You must interpret the results of this assignment by looking at them as a whole, and forming a judgement

Maximum word length

Your report must be between 1,500 and 2,500 words in length

As a general rule, shorter is usually better. In this kind of material it is possible to say all the important things concisely, briefly, simply and clearly.

Text: The Real World: An Introduction to Sociology, 4th ed., by Kelly Ferris and Jill Stein.

Please use your own word answer the following questions, try to detailed your explanation, and if possible, please give some example

Chapter Discussion Questions #6 – Chapters 9, 10 & 12 (20 pts) due Sunday, December 6, by 11PM:
1.  (Ch. 9) Interactionists argue that people learn their gender identities from everyday interactions and that the family is the primary source for gender socialization.  Explain some of the ways that parents and siblings can teach gender.  5pts.
2.  (Ch. 10) What is the “hidden curriculum?”  What nonacademic functions does it fulfill?  5pts.
3.  (Ch. 10) How do sociologists define religion?  How is this different from a commonsense definition of religion?  5pts.
4.  (Ch. 12) Compare and contrast the structural functionalist perspective of the family with the conflict perspective.   5pts.

. Data and Empirical results:
The study objective is to investigate the link between oil prices and stock index in Kuwait. The study do not use daily data, in order to avoid time-difference problems with international markets. The empirical investigation is based on 240 monthly observations which are sampled from November 1995 to October 2015 due to unavailability of stock return data before the mentioned date. The crude oil prices in the present study reflect the closing prices for crude oil Brent Blend. Data on oil prices are obtained from the Energy Information Administration (EIA).This is used as our primary proxy for the Kuwait price of crude oil, whereas Kuwaiti oil is traded internationally. The stock return obtained from Kuwait Stock Exchange Market Index (KSE).

⦁ Descriptive statistics.
Table 1 present a descriptive statistic for the sample means, standard deviation, kurtosis, skewness, and the Jarque-Bera statistics of the Brent Blend oil spot price and the KSE index.

Table 1. Descriptive Statistics
Statistics BB KSE
Mean 3.800357 8.391069
Median 3.896133 8.689314
Maximum 4.888242 9.645765
Minimum 2.284421 7.200276
Std. Dev. 0.709130 0.747907
Skewness -0.188072 -0.289298
Kurtosis 1.772682 1.650523
Jarque-Bera 16.4772682 21.55862
Probability 0.000264 0.000021
Observation 240 240
The construction and definition of each variable will be discussed in Appendix.

1.2. The unit root test results
Figure 1 depict the historical time-paths of the log prices of crude oil and KSE index. Their evolution are broadly indicative of the long-term dependencies that may exist between them. Accordingly, the study examined each individual series using the ADF unit root test (Dickey and Fuller, 1981) based on the Schwarz information criteria. And Phillip-Perron (PP). Table (2) lists the result of the application of the ADF and PP test of the BB oil spot price, and the KSE index. The standard econometric practice for the analysis of financial time series data is to start with an examination of the unit roots. The ADF and PP test is used to test for all prices under the null hypothesis of the unit root against the hypothesis of stationarity. The study test for unit root in the level and the test indicates that all level series are non-stationary table (2). The ADF and PP test for first difference series shows that the test yields negative values in all case levels with the result that the individual price series reject the null hypothesis at the significance level. The values are stationary for each BB spot price and KSE index.

Figure 1
Oil price and stock market index (in logarithm)

Table 2. Unit root test result
Level First difference
ADF PP ADF PP

BB -1.480145 -1.584799 -13.26724 -13.26724
KSE -1.568397 -1.1528895 -9.758477 -9.962297
Note: (1) statistically significant at the 1, 5 and 10%, respectively.

1.3 The estimate result of the ARCH Model.
Lagrange multiplier (LM) test is used to test for the presence of ARCH effects. First to test for first order ARCH, regress the squared regression residual on their lags:
+ +
Whereas:

Since the LM statistics for the two series is significant see table (3). The study reject the null hypothesis that there is no first order ARCH effect.

Table (3) the result of ARCH effect.
Heteroscedasticity Test: Arch
BB KSE
F-statistics 293.800 3874.945
Obs*R-squared 221.1248 225.2248
Prob.F(1,237) 0.000 0.0000
Prob.Chi-square (1) 0.0000 0.0000
In the next step the study will implement asymmetric GARCH, GARCH, GARCH-in-Mean, and threshold GARCH.

<br>
You are required to complete an individual reflective essay which evaluates the strengths and shortcomings of the research strategies and actions adopted by your group. In order to do this you will need to:<br>
analyse relevant research methods theories and models<br>
assess the strengths and shortcomings of the strategies and actions adopted by your group, and consider how they may have been improved (bearing in mind reviewed literature)<br>
<br>
you need o answer 1-6 questions is about rugby but you not going to talk rugby each section I will but a pages it will help the writer bit more. <br>
I will put a file it has to look like that my work but only the topics are different. I will but a file It will help the writer to understand more. <br>
Each sections needs to have referees <br>
In particular you should reflect upon:<br>
Intro<br>
1. How a research question, which required secondary and primary data (qualitative and quantitative) to effectively address it, was formulated?<br>
2. How it was decided the identified research question could best be answered?<br>
3. The sourcing, evaluation and analysis of relevant secondary (existing) material for the development of a literature review.?<br>
4. How relevant primary data (qualitative and quantitative) were accessed, gathered, recorded and analysed?<br>
5. the presentation and defence of the research process and findings at the ‘Undergraduate Research Conference’?<br>
6. how ethical issues were addressed?<br>
Evidence to support statements/argument should be drawn from your methods of enquiry research journal entries. This evidence should be presented in the main body of the essay as description of critical incidents or as quotations in inverted commas (giving journal page number).<br>
This part will help the writer <br>
Ethics we considered throughout our research project<br>
<br>
• integrity and objectivity of researcher – promoted honesty and avoided deceiving them<br>
• Avoidance of harm – ensured confidentiality was kept<br>
• Privacy – anonymous <br>
• Avoided leading questions in interviews, questionnaires<br>
• Ensured interviews were held at sociable times<br>
• As we took a covert approach – had to debriefing them fully after observation<br>
<br>
<br>
<br>
Qualitative data <br>
<br>
When collecting our qualitative data we focused on the following things: locations, time and if fans showed any strange or special explicit behavior. To collect such data, we conducted covert ethnographic observations in different locations to gauge and record genuine reactions by rugby fans.<br>
<br>
An ethnographic observation is an observation done from the point of view of the subject. This of course could only be conducted by sitting within rugby fans and watching the matches with them. Our data was only collected when each of us heard the sighs and cheers during the matches and felt the camaraderie after therefore taking a covert approach..<br>
<br>
We conducted this observation in a few different places including pubs, the Oxford Brookes Sports Center, a stadium, and a local rugby club at different times and during different games. We observed not only behaviors that stood out to us during those games, but also filled out observation sheets to record behaviors observed before, during and after the game. <br>
<br>
The behaviors we were looking for were if fans were drinking or eating, sitting or standing, cheering or shouting, and/or sitting with fans from opposing teams. These sheets also determined if there was a large scale of a certain gender or age in each location that differed in others. <br>
<br>
With each observation sheet and personal experiences with strange or interesting behaviors observed during each game, we analysed a pattern of behaviors that intersect with different rugby fans. <br>
<br>
Quantitative<br>
<br>
Regarding quantitative findings we discovered that 68% of the participants that watch rugby agree or strongly agree that they cheer more with friends rather than when they watch it with families or on their own.<br>
<br>
The most popular reason for why they watch rugby was for socialising.<br>
<br>
The 80% of the participants prefer a close game and 58% of them watch it in big groups, so it is quite high too the percentage of people that watch rugby in small groups or alone.<br>
<br>
Another fact we got to know by the questionnaires, was that 68% of the respondents drink and eat while watching rugby, no matter the result of the game.<br>
<br>
Qualitative<br>
<br>
By observing people in different locations we get to the conclusion that the location affects demographics of audience and who they attend with (for example, as we could see here, in the stadium the range of spectator’s age goes from 5 to 75 years old, while…. ). <br>
<br>
As well as the quantitative data shows, no matter the result of the game, they were always drinking or eating something everywhere.<br>
<br>
Research showed that when winning they were more cheering and happier, while when losing they focus more on socialising and they cheer less.

There is the example to calculate:

A prospective developer is attempting to evaluate whether a proposed development should be undertaken on a site which has planning permission for an 800 square metre office block.
⦁ On completion the development will provide 750 square metres of lettable space. Comparable developments in close proximity yield £350 per square metre.
⦁ The development period is expected to be 24 months with a building period of 12 months: building costs are estimated to be £1500 per square metre. Six months have been allocated prior to building work to account for design, estimation and tendering. Six months have been allowed following the completion of building work for any potential letting voids.
⦁ Building costs fall due over the last 18 months of the development so interest on building costs should be calculated for this period. As is conventional we can include an entry in the budget for half of this total liability.
⦁ Similarly interest on fees should be calculated for an 18 month period. As is conventional we can include an entry in the budget for two thirds of this total liability.
⦁ A contingency allowance of 5% on building costs is to be made. Professional fees are estimated at 12.5 % of building costs, letting’s agents fees at 10% of initial rental value, selling agents’ fees at 3% of gross development value. A £50,000 budget is available for sales and marketing.
⦁ Finance can be arranged at 1.2% per month. A developer’s profit of 15% is required.
THE CURRENT OWNER OF THE SITE ADVERTISES ITS VALUE AT £1,400,000
HOW WOULD YOU ADVISE YOUR CLIENT THE DEVELOPER TO PROCEED?
The residual method (1)
Let’s take things in stages.

You are advising a developer on what would be a fair price to pay for a piece of land upon which the developer wishes to build an office block.
Beginning with the first element – anticipated development value:
Capital value post development
Gross development value on completion of scheme 750 square A
metres @ £350 psm
Year’s purchase in perpetuity @ 6% B
Gross development value C
Begin by calculating the gross development value – what the developer anticipates it will be worth on completion…Then subtract the costs associated with the sale of the development (sales and marketing)…
Gross development value on completion of scheme 750 square 262,500
metres @ £350 psm
Year’s purchase in perpetuity @ 6% 16.667
Gross development value 4,375,000
The residual method 2
Gross development value 4,375,000
Gross development costs
i. Building costs: 800 sq. metres @ £1500 psm 1,200,000
ii. Building finance 143,704
(interest on building costs 1.2% for 18 months x ½)
iii. Professional fees 12.5% on building costs 150,000
⦁ Interest on fees 23,951
1.2% for 18 months x 2/3)
v. Promotion and marketing
(estimated budget) 50,000
⦁ Contingency 78,383
5% on cumulative costs
vii. Agents’ fees:
Letting at 10% on initial rent 26,250
Sale at 4% on gross development value 175,000
viii. Developer’s profit
15% on gross development value 656,250
ix. Total development costs 2,503,538
The residual method 3
Capital value after development 4,375,000
Development costs 2,503,538
Residual valuation
Sum available for land, acquisition and interest 1,871,462
Asking price for site 1,400,000
Acquisition costs @ 4.5% 63,000
Interest on land acquisition @ 1.2% for 24 months 482,790
Sub total 1,945,790
RESIDUAL VALUATION -74,328
What do you think?
⦁ Should the development go ahead?
⦁ Maybe…
⦁ Could the seller be bid down to a lower asking price?
⦁ Alternatively – look at the costs again – the developer requires a 15% profit. If they would accept a 13% profit margin (£581,922) this would bring the development back to parity (residual value of nil).
⦁ BUT
⦁ Bear in mind that if any of the costs are inaccurate on the low side it is the profit margin that is eroded.
⦁ What would you advise?
⦁ Do we always get things right?
⦁ http://www.youtube.com/watch?v=Wms3I5zudLc

Formulae

lick the link above to submit your assignment.

Students, please view the “Submit a Clickable Rubric Assignment” in the Student Center.
Instructors, training on how to grade is within the Instructor Center.

Scenario for Assignments 1-5
For Assignments 1-5, you are the new budgeting and finance administrator for your local government agency. Your first responsibility is to become familiar with the agency, the budget, programs, and capital projects. As the administrator, you will be responsible for analyzing, examining, proposing, and preparing the agency�s budget for the next five (5) years.

Note: Students cannot use New York City as a selected local government
Assignment 4: Implementing the Budget
Due Week 9 and worth 125 points

Refer the Scenario for Assignments 1�5. Prepare a variance report for the selected agency. Refer to Table 8.4 in Chapter 8 (page 133).

Write a three to four (3-4) page paper addressing the criteria below. (Note: Change the title of the report to reflect the selected agency�s name and the years to 2013-2014.)
Find the variances for both the revenue and expenditures sides and then discuss two to three (2-3) problematic areas for the agency. Provide the results of the variances in a table (Excel or Word).
Recommend two (2) policy actions for each problematic area discussed in criterion 1. Justify the recommendations.

Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA. Check with your professor for any additional instructions.
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 and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Recommend appropriate policy actions based on the evaluation.
Evaluate a budgeting system at any governmental level.
Analyze the scope and sequence of budgeting in terms of sources of revenues, purpose of government expenditures, budget cycles, budget preparation, and debt administration.
Analyze the requirements for implementing a budget.
Develop various budget charts that represent segments of the budgeting process.
Write clearly and concisely about public budgeting and finance using proper writing mechanics.
Click here to view the grading rubric for this assignment

MY AGENCY IS HEALTH AND HUMAN SERVICES

<br>
Using the example report of Friendship Shopping Center in DC (attached file name: Friendship Shopping Center), please write a report analyzing the Georgetown Day Planned Use Development Application (attached file name: Georgetown Day) in Washington DC. Please pursue to make a recommendation either for approval or denial while assuming the position of a staff person of the Office of Planning Development Review.

In chapter 7 of Paul Thompson’s book, From Field to Fork, he discusses an argument that claims that since GMO technology has the potential to alleviate hunger and malnutrition throughout the world, we therefore all have an obligation to support that effort, even if we have various moral qualms with GMOs.

But Thompson takes very seriously that some considerations about the “virtuousness” (or lack thereof) of the “insiders” concerning agricultural biotechnology (scientists, etc.) put the general population in a position to reject that obligation. Perhaps this line of thought could show that qualms that we may have about GMOs are in fact not overridden by GMO technology’s promise to alleviate hunger and malnutrition throughout the world.

It’s that argument about the lack of “virtuousness” of the insiders that I want you to evaluate. Do you find it a convincing argument, or not? And why or why not?

Write an essay in which your thesis is either the claim that it is a convincing argument, or the claim that it is not.

Give a clear exposition of how that argument goes, and give the most convincing argument that you can for your position.

Then consider and respond to the most significant objection that you can to the line of reasoning that you have given.

You should make specific citations (citing the page) to the readings. It’s acceptable to only use references to Thompson’s book, thought it might be useful to cite other readings.

Assignment to be returned as a word document.
Please note that correct answers will only be accepted for Finance ACT 2015.
Must show all workings.
Question 1
Splash Ltd is a small manufacturing company and has prepared the following income statement for the 12-month period to 30 September 2015:

Splash Ltd, Income Statement for year ended 30 September 2015
£ £
Sales 981,045
Cost of sales (note i) (399,655)
581,390
Distribution costs (note ii) 13,124
Administrative expenses (note iii) 154,800
(167,924)
Operating profit 413,466
Profit on sale of car park land (note iv) 45,800
Interest payable on business overdraft (2,800)
Dividends from unconnected UK companies 18,000
Rent receivable on car park land (note v) 3,500
Profit before taxation 477,966
Corporation tax 95,593
Profit after tax 382,373
Notes to the income statement:

Cost of sales includes depreciation of £7,800
Distribution costs includes a car leasing payment of £3,467 incurred on a 3 year operating lease, taken out in January 2015, of a car emitting 175g CO2/km
Administration expenses include:
Depreciation of £4,000
A charitable donation of £750 to the UK central office of Oxfam
Legal fees of £800 relates to the sale of land in November 2014
The profit on sale of land recognised in the accounts related to a car park land that the company had originally used for its own business. The company no longer required this car park land so it was let until its sale. The company realised a chargeable gain of £18,600.
USM Ltd has a capital allowances written down value brought forward on 1 October 2014 of:

£
General pool 15,600
Special pool 9,300
Short life asset (note a) 7,800
£
The following assets were purchased during the year:
A car with CO2 emission level of 70g/km 4,700
A car with CO2 emission level of 150g/km 10,100
A lorry 10,500
A machine 2,200

note (a) the short life asset was purchased on 31 December 2007 and is still being used.

Task:
You are required to advise Splash Ltd of the corporation tax liability for the accounting period 30 September 2015. You must show all workings towards this calculation and any others that you think necessary in aiding you in explaining how you got to the final figure.

Question 2
Currently, Bridget works as full time consultant for Bogain Ltd. For the year ended 5 April 2016, she has provided you with the following information:

Her basic salary was £49,000 (PAYE deducted £12,360)
She received a bonus of £3,978 for the year to 5 April 2016
She had the use of a 147g/km diesel-engine company car from 6 May 2015 (date of first registration) to 6 April 2016. The list price of the car was £22,500 but the company negotiated a 15% discount from the dealer. All the business and private fuel was paid for by the company
Bridget had a company mobile phone, which she also used for making private calls. The phone cost the company £360 for the year for rental and charges
Bridget received an interest-free loan of £15,000 from the company on 6 June 2015, which she repaid on 6 December 2015. (Assume that the official rate of interest is 3%)
Bridget paid £200 per month into the company occupational pension scheme by direct deduction from her salary and the company contributed £60 per month.
Bridget had £240 credited to her bank account
Bridget is thinking of leaving the employment in July 2016 and become a self-employed PR consultant. She plans to advertise her services widely, and has already identified potential new clients.
Bridget also hopes to sell some of her self-employed services to Bogain Ltd after she leaves their full-time employment. Her current manager is willing to offer her some short-term tasks on ‘freelance’ basis, working with the existing teams she knows.

Task:
You are required to advise Calculate Bridget’s of the income tax and the National Insurance contribution liability for the tax year 2015/16. She also wants to know the national insurance contribution that Bogain Ltd will have to pay for her to HMRC. (20 marks)

You are required to advise Bridget whether it would be prudent to carry out her self-employed activities, including any services provided for a fee to Bogain Ltd, if she wishes to resist any suggestion from tax authority that she is still an employee of Bogain Ltd. (10 marks)

Explain how it would alter Bridget’s UK tax position if occasional work that she does for BOGAIN Ltd after she leaves the present employment were viewed as a return to employment and not as self-employment. (5marks)

Question 3

Part (A)
Rudolf and Roda are husband and wife. In the tax year2015/16, Roda is a higher rate taxpayer and Rudolf’s taxable income for 2015/16 is £28,785. For the tax year 2015/16, both Roda and Rudolf sold the following assets:

In July 2015, Roda sold her fish and chips building for £260,000. Roda had bought this building in May 2004 for £157,525. In July 2015, Roda bought another building for use in her business, which cost her £240,000. Roda claims roll over relief, for the July 2015 disposal.
Roda sold part of a plot of land in February 2016 for £40,000. The whole piece of land cost £25,000 in November 1997. The value of the land remaining was valued at £30,000 in February 2016.
Roda sold a sculpture for £10,000 in March 2016. The sculpture cost £18,500 in January 1991, with an additional £1,500 of acquisition cost.
Rudolf sold 2,250 quoted ordinary shares of Nino plc for £23,000 in March 2016. Before the sale, he owned 6,750 shares, of which 4,500 shares were purchased in December 1988 for £4,599 and 2,250 were acquired in August 1992 following the company’s rights issue of 1:2 shares at 160p per share.
Rudolf sold 2,550 quoted shares of Lidy plc for £12,375 in June 2015. His previous transactions in Lidy’s shares had been as follows:

no of shares cost
£
Apr-88 Purchased 1500 3093
Aug-90 Purchased 900 2700
May-92 Bonus issue 1 for 2

Task

Draft brief notes that will form a basis of the letter that you will write to both Roda and Rudolf explaining the final capital gains tax payable by each.
None of the above transactions qualifies for an entrepreneur relief.
Part B
Roda has asked for your advice for her friend Goodly.
Goodly needs to calculate the amount of the property income that must be shown on the self-assessment form for the year 2015/16. For the year 2015/16, she has provided you with the following information:
Goodly lets out a furnished apartment at an annual rent of £3,600 payable monthly in advance, on the first day of the month. During 2015/16, Goodly incurs the following expenditure on the furnished apartment:
May 2015 – Replacement of one broken kitchen unit with a unit of similar standard costing £275.
June 2015, Goodly paid insurance costs for the year from 5 July (previous year £420) is £480
November 2015, Goodly paid for drainage clearance, which cost her £380
March 2016, Goodly had some redecoration work done, for which she paid £750.
The tenant had vacated the property during June 2015, without having paid the rent during June. Goodly was unable to trace the defaulting tenant, but managed to let the property to new tenant from 1 July 2015. She has asked if she should claim any other expenses besides the one above.
On 1 August 2007, Tyrone granted Goodly a lease to a warehouse for a period of 20 years. Goodly paid a premium of £20,000.
On 1 August 2015, Goodly granted a sublease to Sally for a period of 5 years. Sally paid a premium of £24,000.