Questions
Using the organization you selected from your Business Plan "University Medical Center of Southern Nevada", consider...

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...

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...

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...

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...

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:

  1. Prepaid insurance of $128 has expired this month.
  2. At the end of the month, $600 of office supplies are still available.
  3. This month’s depreciation on the computer equipment is $500.
  4. Employees earned $340 of unpaid and unrecorded salaries as of month-end.
  5. The company earned $2,350 of commissions that are not yet billed at month-end.

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...

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:

  1. Prepaid insurance of $128 has expired this month.
  2. At the end of the month, $700 of office supplies are still available.
  3. This month’s depreciation on the computer equipment is $400.
  4. Employees earned $340 of unpaid and unrecorded salaries as of month-end.
  5. The company earned $1,600 of commissions that are not yet billed at month-end.

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...

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:

  1. Prepaid insurance of $156 has expired this month.
  2. At the end of the month, $400 of office supplies are still available.
  3. This month’s depreciation on the computer equipment is $600.
  4. Employees earned $590 of unpaid and unrecorded salaries as of month-end.
  5. The company earned $1,500 of commissions that are not yet billed at month-end.

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...

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:

  1. Prepaid insurance of $133 has expired this month.
  2. At the end of the month, $500 of office supplies are still available.
  3. This month’s depreciation on the computer equipment is $500.
  4. Employees earned $490 of unpaid and unrecorded salaries as of month-end.
  5. The company earned $2,150 of commissions that are not yet billed at month-end.

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...

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:

  1. Prepaid insurance of $139 has expired this month.
  2. At the end of the month, $400 of office supplies are still available.
  3. This month’s depreciation on the computer equipment is $400.
  4. Employees earned $360 of unpaid and unrecorded salaries as of month-end.
  5. The company earned $1,750 of commissions that are not yet billed at month-end.

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...

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:

  1. Prepaid insurance of $156 has expired this month.
  2. At the end of the month, $700 of office supplies are still available.
  3. This month’s depreciation on the computer equipment is $600.
  4. Employees earned $550 of unpaid and unrecorded salaries as of month-end.
  5. The company earned $1,750 of commissions that are not yet billed at month-end.

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