The Red Hen company is launching its new food for sale in supermarkets throughout Michigan. The sales department is convinced that its spicy chicken soup will be a great success. The marketing department is considering an intensive advertising campaign. The advertising campaign will cost $2,000,000 and if successful produce $9,600,000 in added revenue. If the campaign is less successful (25% chance), the added revenue is estimated at only $3,600,000. If no advertising is used, the revenue is estimated at $7,000,000 with probability 0.7 if customers are receptive and $3,000,000 with probability 0.3 if they are not.

Question- Should Red Hen invest in an intensive advertising campaign?

I thought for this type of question I am supposed to make a chart with the inventory, purchases, sales, etc., but instead, these questions are throwing me off for the little understanding I have on this new topic...

Kayla Company uses the perpetual inventory system and the LIFO method. The following information is available for the month of June:

June 1 Beginning inventory 200 units @ $5

12 Purchase on account 400 units @ $6

15 Sales on account 440 units

23 Purchase on account 300 units @ $7

27 Sales on account 360 units

The selling price (price the company charged the customers) was $10 per unit.

a) Show the calculation of cost of goods sold and ending inventory under LIFO.

b) What is the amount of Sales Revenue?

c) Prepare a journal entry for the sale of inventory on June 15.

d) In which financial statement does the amount of ending inventory appear?

e) In which financial statement do the amount of sales and amount of cost of goods sold appear?

f) What is the amount of gross margin for month June?

g) What is the gross margin percentage?

Curtiss Construction Company, Inc., entered into a fixed-price contract with Axelrod Associates on July 1, 2021, to construct a four-story office building. At that time, Curtiss estimated that it would take between two and three years to complete the project. The total contract price for construction of the building is $4,600,000. The building was completed on December 31, 2023. Estimated percentage of completion, accumulated contract costs incurred, estimated costs to complete the contract, and accumulated billings to Axelrod under the contract were as follows: At 12-31-2021 At 12-31-2022 At 12-31-2023 Percentage of completion 10 % 60 % 100 % Costs incurred to date $ 369,000 $ 2,940,000 $ 4,960,000 Estimated costs to complete 3,321,000 1,960,000 0 Billings to Axelrod, to date 730,000 2,370,000 4,600,000 Required: 1. Compute gross profit or loss to be recognized as a result of this contract for each of the three years. Curtiss concludes that the contract does not qualify for revenue recognition over time. 2. Assuming Curtiss recognizes revenue over time according to percentage of completion, compute gross profit or loss to be recognized in each of the three years. 3. Assuming Curtiss recognizes revenue over time according to percentage of completion, compute the amount to be shown in the balance sheet at the end of 2021 and 2022 as either cost in excess of billings or billings in excess of costs.

Complete this question by entering your answers in the tabs below.

• Req 1 and 2
• Req 3

1. Compute gross profit or loss to be recognized as a result of this contract for each of the three years. Curtiss concludes that the contract does not qualify for revenue recognition over time. 2. Assuming Curtiss recognizes revenue over time according to percentage of completion, compute gross profit or loss to be recognized in each of the three years. (Leave no cells blank - be certain to enter "0" wherever required. Loss amounts should be indicated with a minus sign.)

Show less

The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014.

(a) Construct a time series plot.

A time series plot contains a series of 6 points connected by line segments. The horizontal axis ranges from 0 to 7 and is labeled: Period. The vertical axis ranges from 0 to 80 and is labeled: Revenue ($ billions). The points are plotted from left to right in a fairly consistent downward, diagonal direction at regular increments of 1 period starting at period 1. The points are between 23 to 67 on the vertical axis.

A time series plot contains a series of 6 points connected by line segments. The horizontal axis ranges from 0 to 7 and is labeled: Period. The vertical axis ranges from 0 to 80 and is labeled: Revenue ($ billions). The points are plotted from left to right at regular increments of 1 period starting at period 1. Initially, the points are plotted in a downward, diagonal direction. However, after the third point, the points are plotted in an upward, diagonal direction that becomes steeper as period increases. The points are between 17 to 67 on the vertical axis.

A time series plot contains a series of 6 points connected by line segments. The horizontal axis ranges from 0 to 7 and is labeled: Period. The vertical axis ranges from 0 to 80 and is labeled: Revenue ($ billions). The points are plotted from left to right at regular increments of 1 period starting at period 1. Initially, the points are plotted in an upward, diagonal direction. However, after the third point, the points are plotted in a downward, diagonal direction that becomes steeper as period increases. The points are between 23 to 71 on the vertical axis.

A time series plot contains a series of 6 points connected by line segments. The horizontal axis ranges from 0 to 7 and is labeled: Period. The vertical axis ranges from 0 to 80 and is labeled: Revenue ($ billions). The points are plotted from left to right in a fairly consistent upward, diagonal direction at regular increments of 1 period starting at period 1. The points are between 23 to 67 on the vertical axis.

What type of pattern exists in the data?

The time series plot shows an upward linear trend.The time series plot shows a downward curvilinear trend.     The time series plot shows an upward curvilinear trend.The time series plot shows a downward linear trend.

(b) Develop a linear trend equation for this time series to forecast revenue (in billions of dollars). (Round your numerical values to three decimal places.)

T_t =

(c) What is the average revenue increase per year (in billions of dollars) that this company has been realizing? (Round your answer to three decimal places.)

$  billion

(d) Compute an estimate of this company's revenue (in billions of dollars) for 2015. (Round your answer to two decimal places.)

$  billion

Over the past year, the vice president for human resources at a large medical center has run a series of three-month workshops aimed at increasing worker motivation and performance. To check the effectiveness of the workshops, she selected a random sample of 35 employees from the personnel files. She collected the employee performance ratings recorded before and after workshop attendance and stored the paired ratings on sheet Ratings.

Compute descriptive statistics and perform a paired ttest.

State your findings and conclusions in a report to the vice president for human resources.

Thank you!

The following data sets represent simple random samples from a population whose mean is 100. Complete parts ​(a) through ​(e) below. Full data set Data Set I 106 124 88 126 89 71 74 110 Data Set II 106 124 88 126 89 71 74 110 88 91 109 83 113 118 94 124 97 85 80 104 Data Set III 106 124 88 126 89 71 74 110 88 91 109 83 113 118 94 124 97 85 80 104 87 112 117 89 103 81 86 107 93 113 ​(a) Compute the sample mean of each data set. Calculate the sample mean for data set I. x overbarequals nothing ​(Type an integer or a​ decimal.) Calculate the sample mean for data set II. x overbarequals nothing ​(Type an integer or a​ decimal.) Calculate the sample mean for data set III. x overbarequals nothing ​(Round to three decimal places as​ needed.) ​(b) For each data​ set, construct a 95​% confidene

1. You are The Chief Finance Officer for your company Blue Label Inc. and a Fellow of the local accountancy body, The Zambia Institute of Chartered Accountants (ZICA).   You have just received an invitation from ZICA requesting you to be one of the presenters at a workshop organized by the institute to fulfill its mandate of enhancing professional competence in its members amid many new standards that have evolved in the recent past. Your specific role will be to talk about the evolution of IFRS 15 Revenue from Contracts with Customers. The workshop organizer has asked you to send your presentation beforehand for review by a relevant official.

Required:

Write briefing notes to the organizer that explain the following in relation to IFRS 15 Revenue from Contracts with Customers:

1. The five step revenue recognition criteria (using simple illustrations as far as possible)

2. Recognition and measurement requirements for:

1. sale and repurchase arrangements;
2. Consignment inventory and
3. Bill and hold arrangements (use simple illustrations as far as possible).

Complete all of the parts of these questions using SPSS to carry out computations and to produce the scatterplot. Turn in the SPSS printouts with your assignment.

1.    Using the data set below:

1. Compute the Pearson product-moment correlation coefficient between X and Y. Describe the nature of the relationship between X and Y.
2. Compute the coefficient of determination for this correlation. What additional information does the coefficient of determination give you about the relationship between X and Y?
3. Obtain the linear regression equation for predicting Y based on X.
4. Construct a scatterplot of the data for the X and Y variables. How does the scatterplot help you to describe the relationship between X and Y?

2. Use SPSS to calculate a, b, and c for the data on Divorce Rate and Unemployment in Practice Problem #1.

1.    Calculate the Pearson product-moment correlation coefficient between X and Y.
2.    Calculate the slope and intercept for the linear regression equation for predicting Y

                     based on X.

3.    Construct a scatterplot of the data for the X and Y variables.
4.    Compare these results with those you got by han Are there differences? Discuss why, or why not.

Plz write in your own text and don't copy answers that was answered before since my teacher has (Plagiarism checker) thank you

1. Describe the differences you observed between the fibrocartilage and hyaline cartilage slides.

2. Describe the differences you observed between the elastic cartilage and hyaline cartilage slides.

3. How does the structure of an osteon contribute to the overall strength and health of bone?

4. How does the structure of vertebrae aid in their function?

5. How are a patella and scapula similar in form and function?

Q2:

Consider the following scenario.

A company that focuses on selling perfumes in small sales kiosks in Malls across the UAE has experienced a significant drop in revenue. Customers are approached by promoters with a standard sales pitch, and kiosks are positioned in areas assumed to be where majority of the footfall in the mall is. Propose two (2) strategies to assess how to investigate the reasons behind this drop in revenue. Ensure to detail and motivate your recommended strategies.

Explain.