Create an excel workbook for the following questions. Answer these questions under your Solver work for each respective problem.
1. Devos Inc. is building a hotel. It will have 4 kinds of rooms: suites where customers can smoke, suites that are non-smoking, budget rooms where the customers can smoke, and budget rooms that are non-smoking. When we build the hotel, we need to plan for how many rooms of each type we should have. The following are requirements for the hotel:
Answer the following using your Solver answers:
In: Statistics and Probability
Question: In this case we are asked to explore the appropriate application of Generally Accepted Accounting... In this case we are asked to explore the appropriate application of Generally Accepted Accounting Principles pertaining to Capitalization of Costs vs. the Expensing of Costs....A COST represents the value exchanged for the ASSET or the benefit received from monies disbursed.....now....how do we interpret the benefits received.....are there future benefits??? or Are the benefits concurrently expired upon acquisition???? So this becomes the basis of many issues pertaining to the accurate interpretation of a guideline in concert with the business transaction under analysis.....It is our responsibility to ensure we meet the needs of our clients without undermining the initial intention of the guideline....So then we are faced with issues pertaining to LOOPHOLES....Is it appropriate for us...as ethical accounting professional, to attempt to find creative ways to essentially circumvent the regulatory restriction.....Are we able to meet both the needs of our clients and the integrity of our profession???? So now you are asked to interpret an issue related to Capitalization vs Expensing for the TRUMP International Corp.....Craft your response carefully including all of the resources you investigated as you crafted your response. Trump International Construction Company is building a hotel for speculative purposes. That is, the Company has not yet found a buyer for the hotel, but expects to do so within a few months. Trump International expects to spend about another two years to complete construction of the hotel borrows $25,000,000 at 5.5% on Jan 1, 2017 and commences building the hotel. The land was purchased in 2016 for $5,000,000 and has property taxes of $4,000,000 per year. Trump incurs building and construction costs of $12,000,000 for 2017 and 2018. Trump International seeks advice from you, as their accountant, if the interest on bank loan and property taxes associated with this construction site should be capitalized or expensed. Required: Conduct research on the fundamentals of reporting a Cost as an Asset (Capitalized) vs. an Expense and prepare a memo advising the client of your advice. What should the value of the Hotel be reported on the Financial Statements at Dec 31, 2017? Is it relevant that the hotel is being constructed on speculation rather than for a particular customer? Include the regulatory requirements you researched in order to craft your answer and site your specific GAAP, FASB, IRS and or other Regulatory Pronouncements you consulted.
In: Accounting
Chapter 15 1) The name of HClO is ________. a. hydrogen chloride b. hydrochloric acid c. chloric acid d. perchloric acid e. hypochlorous acid 2) Identify the Bronsted-Lowry acid in the following reaction. H2O + CO3 2- (aq) ? HCO3 - (aq) + OH- (aq) a. H2O b. CO3 2- c. HCO3 - d. OHe. H2CO3 3) What is the [H3O+] in a solution with [OH- ] = 1.0 � 10-12 M? a. 1.0 � 10-12 M b. 1.0 � 102 M c. 1.0 � 10-7 M d. 1.0 � 10-8 M e. 1.0 � 10-2 M 4) What is the [OH- ] in a solution that has a [H3O+] = 1.0 � 10-6 M? a. 1.0 � 10-2 M b. 1.0 � 10-6 M c. 1.0 � 10-8 M d. 1.0 � 10-10 M e. 1.0 � 10-12 M 5) The [H3O+] of a solution with pH = 2.0 has a concentration of ________. a. 10 M b. 0.1 M c. 1 � 102 M d. 1 � 10-2 M e. 1 � 10-12 M 6) Which of the following is the strongest acid? a. H3PO4 b. NH4 + c. NaOH d. H2CO3 e. HCl 7) Which of the following is correctly identified? a. NH3, strong acid b. NaOH, strong base c. HCl, weak acid d. H2CO3, strong acid e. Ca(OH)2, weak base 8) Ammonia is a weak base because a. it is a dilute solution. b. it is only slightly soluble in water. c. it cannot hold on to its hydroxide ions. d. it produces few hydroxide ions in water. e. it is completely ionized in aqueous solution. 9) Which of the following is a neutralization reaction? a. KCl + NaNO3 ? KNO3 + NaCl b. HNO3 + KOH ? H2O + KNO3 c. H2O + SO3 ? H2SO4 d. 4Na + O2 ? 2 Na2O e. 2 NO2 ? 2NO + O2 10) Which of the following is a buffer system? a. NaCl and NaNO3 b. HCl and NaOH c. H2CO3 and KHCO3 d. NaCl and NaOH e. H2O and HCl
In: Chemistry
5. The test statistic of z=2.31 is obtained when testing the claim that p>0.3.
a. This is a (two-tailed, right-tailed, left-tailed) test.
b. P-value=_____
(Round to three decimal places as needed.)
Choose the correct conclusion below.
A.Reject Ho. There is sufficient evidence to support the claim that p>0.3.
B.Reject Ho. There is not sufficient evidence to support the claim that p>0.3.
C.Fail to reject Ho. There is sufficient evidence to support the claim that p>0.3.
D.Fail to reject Ho. There is not sufficient evidence to support the claim that p>0.3
6. The test statistic of z=- 2.58 is obtained when testing the claim that P=3/5.
a. The critical value(s) is/are z=______
(Round to two decimal places as needed. Use a comma to separate answers as needed.)
b. Choose the correct conclusion below.
A.Reject Ho. There is not sufficient evidence to warrant rejection of the claim that P=3/5
B.Reject Ho. There is sufficient evidence to warrant rejection of the claim that P=3/5
C.Fail to reject Ho. There is sufficient evidence to warrant rejection of the claim that P=3/5
D.Fail to reject Ho. There is not sufficient evidence to warrant rejection of the claim that P=3/5
In: Math
A particular brand of tires claims that its deluxe tire averages
at least 50,000 miles before it needs to be replaced. From past
studies of this tire, the standard deviation is known to be 8,000.
A survey of owners of that tire design is conducted. From the 28
tires surveyed, the mean lifespan was 46,500 miles with a standard
deviation of 9,800 miles. Using alpha = 0.05, is the data highly
inconsistent with the claim?
Find the 95% confidence interval for the true mean.
In: Statistics and Probability
How much CO2 ir released (in pounds) per year of your normal driving? comment on the size of your answer. CO2 is a greenhouse gas) how cound you reduce "carbon footprint'.
- Assume gasoline is mostly octane
- how many miles do you drive per week or per month
- how many miles per year?
- Gas mileage of your car> (# miles per gallon of gas)
- stoichiometry of the reaction
In: Chemistry
In: Operations Management
Develop 2 soft and 2 hard standards for any aspect of the service offered by hotel and restaurant? (Subject: service marketing)
In: Operations Management
Why does the hotel industry have so many partnerships among competitors? Is this true for other industries? Which ones?
In: Operations Management
As the new cybersecurity employee at a Florida-based luxury hotel chain franchise, would you insource cybersecurity functions or outsource?
In: Computer Science