Using the organization you selected from your Business Plan "University Medical Center of Southern Nevada", consider what corporate portfolio strategy the company uses or what you imagine they use and why? What are the benefits to the selected corporate portfolio strategy compared? What is the role of the corporate center and Strategic Business Unit (SBU)?
In: Operations Management
Using 2017 tax law,indicate;The taxpayers correct and most favourable filling status.Their greatest number of personal and dependent exemptions allowed for 2017.Whether the taxpayer is eligible to claim and receive the earned income tax credit.
Remember each dependent must be qualifying child or qualifying relative,Numbers in parentheses indicate age.Unless otherwise stated,each prospective dependent is an unmarried US citizen who does not provide more than half their own support.In no case will more than one taxpayer attempt to claim the same qualifying child as a dependent.No one other than the persons listed lived in the home.Each taxpayer has only the income stated.The taxpayer is the first person named unless you determine that married filing joint is the correct filling status.
Ben(46) is umarried.His mother,susan(81)lives in a nursing home.Ben pays the entire cost of the nursing home and more than 50% of susan"s total support.Ben wages were $75000.Susan's income consisted of $1600 taxable interest and $9,600 social security benefits.
1.What is the taxpayers correct and most favourable 2017 filing status?
2.What is his greatest number of personal and dependent exemptions allowed for 2017?
3.Is the taxpayer eligible to claim and receive the earned income tax credit?
In: Accounting
Peloton is preparing for an IPO. (Initial Public Offering is when a company begins selling stock to the public.) The maker of video-streaming exercise is expected to select its slate of underwriters soon and on track to go public sometimes this year. Peloton is expected to seek a valuation in excess of the roughly $4 billion estimate last year after a fund-raising round led by venture-capital firm TCV. 2019 looks to be a busy year for high-profile IPOs. Uber, Lyft and Slack are also preparing for public offerings. Peloton, founded in 2012, makes stationary bikes that the company sells for prices ranging from $2,245 to nearly $2,700 when packaged with various accessories. Many of Peloton's customers use the bikes at home, paying about $39 a month to stream live classes that the company produces using its own instructors.
Which one of these companies do you think would be a good investment? Why?
In: Finance
The presence of student-owned information and communication
technologies (smartphones, laptops, tablets, etc.) in today's
college classroom creates learning problems when students distract
themselves during lectures by texting and using social media.
Research on multitasking presents clear evidence that human
information processing is insufficient for attending to multiple
stimuli and for performing simultaneous tasks.
To collect data on how multitasking with these technologies
interferes with the learning process, a carefully-designed study
was conducted at a mostly residential large public university in
the Northeast United States. Junco, R. In-class multitasking and
academic performance. Computers in Human Behavior (2012)
At the beginning of a semester a group of students who were US residents admitted through the regular admissions process and who were taking the same courses were selected based on their high use of social media and the similarities of their college GPA's. The selected students were randomly assigned to one of 2 groups:
group 1 students were told to text and use Facebook during classes in their usual high-frequency manner;
group 2 students were told to refrain from any use of texting and Facebook during classes.
At the conclusion of the semester the semester GPA's of the students were collected. The results are shown in the table below.
IN-CLASS MUTLITASKING STUDY
Frequent Facebook Use and Texting
x1 = 2.87
s1 = 0.67
n1 = 65
No Facebook Use or Texting
x2 = 3.16
s2 = 0.53
n2 = 65
Do texting and Facebook use during class have a negative affect
on GPA? To answer this question perform a hypothesis test
with
H0: μ1−μ2 = 0
where μ1 is the mean semester GPA of all students who
text and use Facebook frequently during class and μ2 is
the mean semester GPA of all students who do not text or use
Facebook during class.
Question 1. What is the value of the test statistic for this hypothesis test?
Question 2. What is the P-value for this hypothesis test?
In: Math
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.
| April | 1 | Nozomi invested $41,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. | ||
| 2 | The company rented furnished office space by paying $2,700 cash for the first month’s (April) rent. | |||
| 3 | The company purchased $1,500 of office supplies for cash. | |||
| 10 | The company paid $2,300 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | |||
| 14 | The company paid $1,200 cash for two weeks' salaries earned by employees. | |||
| 24 | The company collected $16,500 cash for commissions earned. | |||
| 28 | The company paid $1,200 cash for two weeks' salaries earned by employees. | |||
| 29 | The company paid $500 cash for minor repairs to the company's computer. | |||
| 30 | The company paid $1,450 cash for this month's telephone bill. | |||
| 30 | The company paid $1,700 cash in dividends. |
The company's chart of accounts follows:
| 101 | Cash | 405 | Commissions Earned |
| 106 | Accounts Receivable | 612 | Depreciation Expense—Computer Equip. |
| 124 | Office Supplies | 622 | Salaries Expense |
| 128 | Prepaid Insurance | 637 | Insurance Expense |
| 167 | Computer Equipment | 640 | Rent Expense |
| 168 | Accumulated Depreciation—Computer Equip. | 650 | Office Supplies Expense |
| 209 | Salaries Payable | 684 | Repairs Expense |
| 307 | Common Stock | 688 | Telephone Expense |
| 318 | Retained Earnings | 901 | Income Summary |
| 319 | Dividends | ||
Use the following information:
Required:
1. & 2. Prepare journal
entries to record the transactions for April and post them to the
ledger accounts in Requirement 6b. The company records prepaid and
unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b,
prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month
and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of
April 30.
5b. Prepare the statement of retained earnings for
the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary
accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger.
7. Prepare a post-closing trial balance.
In: Accounting
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.
| April | 1 | Nozomi invested $30,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. | ||
| 2 | The company rented furnished office space by paying $2,700 cash for the first month’s (April) rent. | |||
| 3 | The company purchased $1,300 of office supplies for cash. | |||
| 10 | The company paid $2,300 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | |||
| 14 | The company paid $1,700 cash for two weeks' salaries earned by employees. | |||
| 24 | The company collected $13,000 cash for commissions earned. | |||
| 28 | The company paid $1,700 cash for two weeks' salaries earned by employees. | |||
| 29 | The company paid $350 cash for minor repairs to the company's computer. | |||
| 30 | The company paid $1,250 cash for this month's telephone bill. | |||
| 30 | The company paid $1,700 cash in dividends. |
The company's chart of accounts follows:
| 101 | Cash | 405 | Commissions Earned |
| 106 | Accounts Receivable | 612 | Depreciation Expense—Computer Equip. |
| 124 | Office Supplies | 622 | Salaries Expense |
| 128 | Prepaid Insurance | 637 | Insurance Expense |
| 167 | Computer Equipment | 640 | Rent Expense |
| 168 | Accumulated Depreciation—Computer Equip. | 650 | Office Supplies Expense |
| 209 | Salaries Payable | 684 | Repairs Expense |
| 307 | Common Stock | 688 | Telephone Expense |
| 318 | Retained Earnings | 901 | Income Summary |
| 319 | Dividends | ||
Use the following information:
Required:
1. & 2. Prepare journal
entries to record the transactions for April and post them to the
ledger accounts in Requirement 6b. The company records prepaid and
unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b,
prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month
and prepare the adjusted trial balance.
REQ 3: I need help getting ...
Accounts receivable
Accum. Depreciation - computer equipment
Salaries payable
Retained earnings
Depr. Expense- Computer equivalent
Insurance expense
Office supplies expense
FOR REQ 4 Adjusted trial balance I need....
retained earnings
, please help
In: Accounting
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.
| April | 1 | Nozomi invested $50,000 cash and computer equipment worth $25,000 in the company in exchange for common stock. | ||
| 2 | The company rented furnished office space by paying $1,600 cash for the first month’s (April) rent. | |||
| 3 | The company purchased $1,900 of office supplies for cash. | |||
| 10 | The company paid $2,800 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | |||
| 14 | The company paid $900 cash for two weeks' salaries earned by employees. | |||
| 24 | The company collected $13,500 cash for commissions earned. | |||
| 28 | The company paid $900 cash for two weeks' salaries earned by employees. | |||
| 29 | The company paid $350 cash for minor repairs to the company's computer. | |||
| 30 | The company paid $1,500 cash for this month's telephone bill. | |||
| 30 | The company paid $2,200 cash in dividends. |
The company's chart of accounts follows:
| 101 | Cash | 405 | Commissions Earned |
| 106 | Accounts Receivable | 612 | Depreciation Expense—Computer Equip. |
| 124 | Office Supplies | 622 | Salaries Expense |
| 128 | Prepaid Insurance | 637 | Insurance Expense |
| 167 | Computer Equipment | 640 | Rent Expense |
| 168 | Accumulated Depreciation—Computer Equip. | 650 | Office Supplies Expense |
| 209 | Salaries Payable | 684 | Repairs Expense |
| 307 | Common Stock | 688 | Telephone Expense |
| 318 | Retained Earnings | 901 | Income Summary |
| 319 | Dividends | ||
Use the following information:
Required:
1. & 2. Prepare journal
entries to record the transactions for April and post them to the
ledger accounts in Requirement 6b. The company records prepaid and
unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b,
prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month
and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of
April 30.
5b. Prepare the statement of retained earnings for
the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary
accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger.
7. Prepare a post-closing trial balance.
In: Accounting
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.
| April | 1 | Nozomi invested $35,000 cash and computer equipment worth $20,000 in the company in exchange for common stock. | ||
| 2 | The company rented furnished office space by paying $2,000 cash for the first month’s (April) rent. | |||
| 3 | The company purchased $1,800 of office supplies for cash. | |||
| 10 | The company paid $2,400 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | |||
| 14 | The company paid $1,200 cash for two weeks' salaries earned by employees. | |||
| 24 | The company collected $17,500 cash for commissions earned. | |||
| 28 | The company paid $1,200 cash for two weeks' salaries earned by employees. | |||
| 29 | The company paid $250 cash for minor repairs to the company's computer. | |||
| 30 | The company paid $1,400 cash for this month's telephone bill. | |||
| 30 | The company paid $2,400 cash in dividends. |
The company's chart of accounts follows:
| 101 | Cash | 405 | Commissions Earned |
| 106 | Accounts Receivable | 612 | Depreciation Expense—Computer Equip. |
| 124 | Office Supplies | 622 | Salaries Expense |
| 128 | Prepaid Insurance | 637 | Insurance Expense |
| 167 | Computer Equipment | 640 | Rent Expense |
| 168 | Accumulated Depreciation—Computer Equip. | 650 | Office Supplies Expense |
| 209 | Salaries Payable | 684 | Repairs Expense |
| 307 | Common Stock | 688 | Telephone Expense |
| 318 | Retained Earnings | 901 | Income Summary |
| 319 | Dividends | ||
Use the following information:
Required:
1. & 2. Prepare journal
entries to record the transactions for April and post them to the
ledger accounts in Requirement 6b. The company records prepaid and
unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b,
prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month
and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of
April 30.
5b. Prepare the statement of retained earnings for
the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary
accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger.
7. Prepare a post-closing trial balance.
In: Accounting
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.
| April | 1 | Nozomi invested $35,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. | ||
| 2 | The company rented furnished office space by paying $1,800 cash for the first month’s (April) rent. | |||
| 3 | The company purchased $1,300 of office supplies for cash. | |||
| 10 | The company paid $2,500 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | |||
| 14 | The company paid $800 cash for two weeks' salaries earned by employees. | |||
| 24 | The company collected $14,500 cash for commissions earned. | |||
| 28 | The company paid $800 cash for two weeks' salaries earned by employees. | |||
| 29 | The company paid $300 cash for minor repairs to the company's computer. | |||
| 30 | The company paid $1,400 cash for this month's telephone bill. | |||
| 30 | The company paid $2,400 cash in dividends. |
The company's chart of accounts follows:
| 101 | Cash | 405 | Commissions Earned |
| 106 | Accounts Receivable | 612 | Depreciation Expense—Computer Equip. |
| 124 | Office Supplies | 622 | Salaries Expense |
| 128 | Prepaid Insurance | 637 | Insurance Expense |
| 167 | Computer Equipment | 640 | Rent Expense |
| 168 | Accumulated Depreciation—Computer Equip. | 650 | Office Supplies Expense |
| 209 | Salaries Payable | 684 | Repairs Expense |
| 307 | Common Stock | 688 | Telephone Expense |
| 318 | Retained Earnings | 901 | Income Summary |
| 319 | Dividends | ||
Use the following information:
Required:
1. & 2. Prepare journal
entries to record the transactions for April and post them to the
ledger accounts in Requirement 6b. The company records prepaid and
unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b,
prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month
and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of
April 30.
5b. Prepare the statement of retained earnings for
the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary
accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger.
7. Prepare a post-closing trial balance.
In: Accounting
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.
| April | 1 | Nozomi invested $49,000 cash and computer equipment worth $20,000 in the company in exchange for common stock. | ||
| 2 | The company rented furnished office space by paying $1,600 cash for the first month’s (April) rent. | |||
| 3 | The company purchased $1,300 of office supplies for cash. | |||
| 10 | The company paid $2,800 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | |||
| 14 | The company paid $1,300 cash for two weeks' salaries earned by employees. | |||
| 24 | The company collected $13,000 cash for commissions earned. | |||
| 28 | The company paid $1,300 cash for two weeks' salaries earned by employees. | |||
| 29 | The company paid $350 cash for minor repairs to the company's computer. | |||
| 30 | The company paid $900 cash for this month's telephone bill. | |||
| 30 | The company paid $1,600 cash in dividends. |
The company's chart of accounts follows:
| 101 | Cash | 405 | Commissions Earned |
| 106 | Accounts Receivable | 612 | Depreciation Expense—Computer Equip. |
| 124 | Office Supplies | 622 | Salaries Expense |
| 128 | Prepaid Insurance | 637 | Insurance Expense |
| 167 | Computer Equipment | 640 | Rent Expense |
| 168 | Accumulated Depreciation—Computer Equip. | 650 | Office Supplies Expense |
| 209 | Salaries Payable | 684 | Repairs Expense |
| 307 | Common Stock | 688 | Telephone Expense |
| 318 | Retained Earnings | 901 | Income Summary |
| 319 | Dividends | ||
Use the following information:
Required:
1. & 2. Prepare journal
entries to record the transactions for April and post them to the
ledger accounts in Requirement 6b. The company records prepaid and
unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b,
prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month
and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of
April 30.
5b. Prepare the statement of retained earnings for
the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary
accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger.
7. Prepare a post-closing trial balance.
In: Accounting