For e-textbooks, B&N uses the agency model. How much revenue would it record for each sale? The full price of the textbook, or the commission earned on the sale? (Review the Revenue Recognition footnote below.)

Revenue Recognition

Revenue from sales of the Company’s products is recognized at the time of sale or shipment, other than those with multiple elements and Free On Board (FOB) destination point shipping terms. The Company accrues for estimated sales returns in the period in which the related revenue is recognized based on historical experience. ECommerce revenue from sales of products ordered through the Company’s websites is recognized upon estimated delivery and receipt of the shipment by its customers. Freight costs are included within the Company’s cost of sales and occupancy. Sales taxes collected from retail customers are excluded from reported revenues. All of the Company’s sales are recognized as revenue on a “net” basis, including sales in connection with any periodic promotions offered to customers. The Company does not treat any promotional offers as expenses In accordance with ASC 605-25, Revenue Recognition, Multiple-Element Arrangements, and Accounting Standards Updates (ASU) 2009-13 and 2009-14, for multiple-element arrangements that involve tangible products that contain software that is essential to the tangible product’s functionality, undelivered software elements that relate to the tangible product’s essential software and other separable elements, the Company allocates revenue to all deliverables using the relative selling-price method. Under this method, revenue is allocated at the time of sale to all deliverables based on their relative selling price using a specific hierarchy. The hierarchy is as follows: vendor specific objective evidence, third-party evidence of selling price, or best estimate of selling price. NOOK® device revenue is recognized at the segment point of sale. The Company includes post-service customer support (PCS) in the form of software updates and potential increased functionality on a when-and-if-available basis with the purchase of a NOOK® from the Company. Using the relative selling-price method described above, the Company allocates revenue based on the best estimate of selling price for the deliverables as no vendor-specific objective evidence or third-party evidence exists for any of the elements. Revenue allocated to NOOK® and the software essential to its functionality is recognized at the time of sale, provided all other conditions for revenue recognition are met. Revenue allocated to the PCS is deferred and recognized on a straight-line basis over the 2-year estimated life of a NOOK® device. The average percentage of a NOOK®’s sales price that is deferred for undelivered items and recognized over its 2-year estimated life ranges between 0% and 5%, depending on the type of device sold. The amount of NOOK®-related deferred revenue as of April 29, 2017 and April 30, 2016 was $226 and $160, respectively. These amounts are classified on the Company’s balance sheet in accrued liabilities for the portion that is subject to deferral for one year or less and other long-term liabilities for the portion that is subject to deferral for more than one year. The Company also pays certain vendors who distributed NOOK® a commission on the content sales sold through that device. The Company accounted for these transactions as a reduction in the sales price of the NOOK® based on historical trends of content sales and a liability was established for the estimated commission expected to be paid over the life of the product. The Company recognizes revenue of the content at the point of sale of the content. The Company records revenue from sales of digital content, sales of third-party extended warranties, service contracts and other products, for which the Company is not obligated to perform, and for which the Company does not meet the criteria for gross revenue recognition under ASC 605-45-45, Reporting Revenue Gross as a Principal versus Net as an Agent, on a net basis. All other revenue is recognized on a gross basis. The Company rents physical textbooks. Revenue from the rental of physical textbooks is deferred and recognized over the rental period commencing at point of sale. The Company offers a buyout option to allow the purchase of a rented book at the end of the semester. The Company records the buyout purchase when the customer exercises and pays the buyout option price. In these instances, the Company would accelerate any remaining deferred rental revenue at the point of sale. NOOK acquires the rights to distribute digital content from publishers and distributes the content on www.barnesandnoble.com, NOOK® devices and other eBookstore platforms. Certain digital content is distributed under an agency pricing model, in which the publishers set prices for eBooks and NOOK receives a commission on content sold through the eBookstore. The majority of the Company’s eBooks are sold under the agency model. The Barnes & Noble Member Program offers members greater discounts and other benefits for products and services, as well as exclusive offers and promotions via e-mail or direct mail, for an annual fee of $25.00, which is nonrefundable after the first 30 days. Revenue is recognized over the 12-month period based upon historical spending patterns for Barnes & Noble Members.

Assignment:         Analyse and evaluate a faulty Mass Air Flow sensor.

1.         You will choose a vehicle with a MAF sensor that was produced after 1998.

2.         You must say what the fault is that has occurred (eg. MAF sensor voltage too high), and the DTC that would be logged.

3.         You must say what the symptom of this fault would be (what would the customer notice?).

4.         Show, using a diagram, how you would check the sensor. You must show what test equipment you would use AND how you would connect it to the sensor.

5. What are the correct readings you should see using the test equipment you have chosen?

6.         You must say what the Engine Management System would do if this fault occurred (ie. what is the failsafe?).

7.         You must say how this fault may have occurred and what can be done to make sure it doesn’t happen again.

Please do all the problems, above it is laboratory work. Please do ASAP. Please. I will give a high rating for this complete Solution. Thank You

4. Do the following problems, using data set #3:

(a) Use the naïve forecasting method, the average of historical data method, and a 3-period moving average to estimate values of X.

(b) Calculate the Mean Absolute Error, the Mean Squared Error, and the Mean Absolute Percentage Error for each forecasting method.

(c) Based on your answers to (b), which the best forecasting method?

5. Do the following, using data set #3:

(a) Calculate a linear trend regression for X.

(b) Calculate a quadratic trend regression for X, using a 2-period model.

(c) Calculate the Mean Absolute Error, the Mean Squared Error, and the Mean Absolute Percentage Error for each forecasting method.

(d) Which model is better (a) or (b)? Explain.

#3

6. Calculate the value of the cash flows at time 6. The interest rate is 9.9%.

7. In 1998, the average price of a gallon of gas was $1.01. Today, the average price of a gallon of gas is $2.87. At what annual rate has a gallon of gas increased over the last 20 years? (Answer as a percent. Enter only numbers and decimals in your response. Round to 2 decimal places.)

8. You are buying an investment property for $393,580 today. Through research, you have determined that the value of the property is likely to grow at a rate of 7.16% per year, on average. How long until the value of the property grows to $546,287?

9. Your goal is to have $76,386. If you can earn 10.78% per year and you invest $19,812 today, how many years until you reach your goal?

10. You are looking at an investment that will pay you $22,339 in year 2, $43,709 in year 4 and $45,031 in year 6. If your required return is 8.16%, what is the most you should pay for the investment? (In other words, how much is the project worth today?)

The table below contains real data for the first two decades of AIDS reporting.

Graph "year" versus "# AIDS cases diagnosed" (plot the scatter plot). Do not include pre-1981 data. Perform linear regression. Write the equations. (Round your answers to the nearest whole number. Round r to four decimal places.)

(a)    Linear Equation: ŷ =  +  x

(b)    a =

(c)    b =

(d)    r =

(e)    n =

The Sacramento area was founded on the prospect of gold. Gold discovery in nearby Coloma brought countless people west with hopes of richer days and better choices for their families. In collaboration with a local merchant Sam Brannan, John Sutter and his family founded the city of Sacramento in 1848. In April of 1849, the population of the area was estimated at 150 people. By October of the same year, the population grew to a whopping 6,000 people (Wiegand, 1998). In mid-October of 1850 it is reported that a riverboat named the “New World” arrived in the area with a single passenger carrying the deadly cholera disease. As a result of exposure to cholera, reports indicated that within three weeks 800 people died of the disease. Many of those that perished are buried in a common grave located at the Old City Cemetery located at 1000 Broadway Street in Sacramento. Approximately 80 physicians were working during the time of the cholera outbreak, and 17 died from cholera within a year after initial exposure (Old City Cemetery, 2005). What type of outbreak is this? Explain and include aspects of how exposure occurred, description of whether it is epidemic, pandemic, or endemic, type of exposure etc.

Novak Company constructed a building at a cost of $2,684,000 and occupied it beginning in January 1998. It was estimated at that time that its life would be 40 years, with no salvage value.

In January 2018, a new roof was installed at a cost of $366,000, and it was estimated then that the building would have a useful life of 25 years from that date. The cost of the old roof was $195,200.

1) What entry should be made in 2018 to record the replacement of the roof? (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

2) Prepare the entry in January 2018 to record the revision in the estimated life of the building, if necessary. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

3) What amount of depreciation should be charged for the year 2018?

1. Listed below is the selling price for a share of PepsiCO Inc. at the close of each year.

Year             Price                            Year                Price

1990             12.9135                       2000                49.5625

1991             16.8250                       2001                48.6803

1992             20.6125                       2002                42.2211

1993             20.3024                       2003                46.6215

1994             18.3160                       2004                52.2019

1995             27.7538                       2005                59.8534

1996             29.0581                       2006                62.0002

1997             36.0155                       2007                77.5108

1998             40.6111                       2008                54.7719

1999             35.0230                       2009                60.8025

a. Plot the data.

b. Use EXCEL’s Data Analysis add-in to determine the least squares trend equation.

c. Discuss the regression equation and include both the coefficient of determination and the          

   correlation coefficient in the discussion. Make sure to test the coefficient to determine if  

   it is statistically significant at the .01 significance level.

d. Calculate the points for the years 1992 and 2004.

e. (i) Estimate the selling price in 2014.                                                                                                                       

(ii) Does this seem like a reasonable estimate based on historical data? Why or why not?

f. By how much has the stock price increased or decreased (per year) on average during the period?

Show ALL of your work and show it in a neat and orderly fashion.

Year/Number of Years Since 1971/Number of stores

• Identify the initial value and the growth rate of your exponential model and explain what they mean in the context of Starbucks Stores. Put your explanations in a text box.

• Use your exponential model to predict the number of Starbucks locations in the following years:

1980, 1990, 2000, 2010, 2020, 2030, 2040, 2050