Samuelson and Messenger (S&M) began 2018 with 200 units of its one product. These units were purchased near the end of 2017 for $25 each. During the month of January, 100 units were purchased on January 8 for $28 each and another 200 units were purchased on January 19 for $30 each. Sales of 125 units and 100 units were made on January 10 and January 25, respectively. There were 275 units on hand at the end of the month. S&M uses a perpetual inventory system.

Required:
1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO method.
2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost method.

Finance & Real Estate Open Ended Question:

Many zoning laws have a rule that when a developer provides a positive externality for the neighborhood, for example by creating a park, they can build extra floors on their building. Do you think this is fair? Explain.

Discuss the factors that contributes to the lack of tour operator offering online booking for their packages despite computer and mobile phone applications that have been created to support many aspects of travel, including travel guides, customer reviews, with hotel and flight reservations.

System Design and Analysis

Analyze and design a hotel reservation system -

Should include the following

- Create a Data Flow Diargram that includes Context Diagram and DFD 0
- Create a Use Case Diagram and include 8 fully-dressed use cases.

account cycle

Week Transaction
1 Received $3000 as contribution to the corporation
Purchased Park Place for $350 Purchased St. James Place for $180 Purchased Pennsylvania RR for $200
Purchased house for St James Place $100 and $52 Insurance
2 Received $25 in Rent from Pennsylvania RR
Purchased Kentucky Ave for $220
Purchased Pacific Ave for $300
3 Purchased Boardwalk for $400 Purchased house for Park Place for $200 and $52 insurance
Received $650 for passing go the 1st time
Paid $30 in rent to Oriental Ave
Received $26 rent for Pacific Avenue
4 Received $26 rent for Pacific Avenue
Purchased house for Boardwalk for $200 and $52 insurance
Received $175 in Rent from Park Place
NOTE: Cash on hand before dividend payment is $1,566 Paid required dividend to stockholders
5 Received $200 rent for Boardwalk
Received $200 rent for Boardwalk
Paid $25 rent for BO Railroad
6 Paid $75 for repairs (Misc Expense)
Purchased house for Park Place for $200 and $52 insurance
7 Purchased house for BoardWalk for $200 and $52 insurance
8 Received $25 rent from Pennsylvania Railroad
Received $18 rent from Kentucky Ave
Purchased house for Kentucky for $150 and $52 insurance
Received $650 for passing GO the second time
9 no transactions
10 Received $70 rent for St James
Received $250 for Free Parking
11 Received $600 rent from Boardwalk
Paid $100 rent for Illinois Ave
Received $25 rent for Pennsylvania Railroad
12 Received $26 rent for Pacific Ave
Received $100 (Gain from Lawsuit)
Purchased house for St James Place for $100 and $52 insurance
13 Paid $50 rent for Short Line Railroad
Paid $100 for Luxury Tax
NOTE: Cash on hand at end of week 13 is $2,441

Question Set 1: Two Independent Proportions

Reminder: The standard error is computed differently for a two-sample proportion confidence interval and a two-sample proportion hypothesis test.

Researchers are comparing the proportion of University Park students who are Pennsylvania residents to the proportion of World Campus students who are Pennsylvania residents. Data from a sample are presented in the contingency table below.

1. Construct a 95% confidence interval to estimate the difference between the proportion of all University Park students who are Pennsylvania residents and the proportion of all World Campus students who are Pennsylvania residents. If assumptions are met, use the normal approximation method. Show how you checked assumptions. You should not need to do any hand calculations. Use Minitab Express to construct the confidence interval. Remember to copy+paste all relevant Minitab Express output and always clearly identify your final answer. [15 points]

B. Interpret the confidence interval that you computed in part A by completing the following sentence. [5 points]

I am 95% confident that…

C. Use the five-step hypothesis testing procedure given below to determine if there is evidence of a difference between the proportion of University Park students who are Pennsylvania residents and the proportion of World Campus students who are Pennsylvania residents. If assumptions are met, use the normal approximation method. Use Minitab Express. You should not need to do any hand calculations. Remember to copy+paste all relevant Minitab Express output. [30 points]

Step 1: Check assumptions and write hypotheses

Step 2: Calculate the test statistic

Step 3: Determine the p-value

Step 4: Decide to reject or fail to reject the null hypothesis

Step 5: State a real-world conclusion

The Inn at Prescott Ranch is a small, boutique hotel located in Prescott, Arizona. It opened in 1998. The Inn has identified the main competition as the Prescott Resort, owned and operated by the Yavapai Nation, and the Hassayampa Inn, a historic hotel in downtown Prescott, adjacent to Whiskey Row.

The Inn has 65 rooms on two floors—each with a private balcony. The nightly room rates are the highest in Prescott. The Inn offers a full array of amenities—both in the public areas and in the rooms. The Inn offers complimentary van service to the Gateway Mall, Bucky’s Casino, and Whiskey Row; and valet parking services with covered parking. There is nightly entertainment in the lobby. In-room amenities include high-thread-count linens; terry robes; organic soaps and toiletries; flat-screen TVs with DVD players; and Bose® stereo systems.

The Inn maintains a full bar and has an agreement with Wildflower Bakery to provide daily continental breakfast for an additional charge to nightly rates or included in the Bed & Breakfast Special. Boxed lunches may also be pre-ordered from Wildflower Bakery. The Inn is not “flagged” or branded. The management is highly involved in local organizations. There is an existing contract with Yavapai College for sponsorship of its performing arts series with Paramount Studies for a project being filmed in the Prescott area. In addition, the Inn at Prescott Ranch has been featured on Arizona Highways TV, Arizona Highways magazine, and in the Arizona Republic travel section. The Inn also participates in the local chamber of commerce and tourism promotional efforts for the Prescott area.

Management is looking for a marketing plan for 2021.

Questions:

1. If you were preparing a marketing plan for this hotel, how would you describe the company, its positioning strategy, and its value proposition?

2. What do you want to know about the market—demographics and psychographics?

3. Describe each of the 4Ps.

4. Without doing further research, who is the perceived target market?

5. Does the hotel have a brand image? If so, define.

Homework 6: Present Value

We sought out a soothsayer, who did sayeth some sooth. She stirred her cauldron and foresaw that terrible things would happen to Evanston. 100 years from this very day, the crimes of John Evans will come back to punish the residents of this town, causing $300 million dollars of damages. However, we can avert this terrible fate at the low, low cost of just $6 million dollars today (paid to descendants of those Evans wronged). That’s right, for just $6 million dollars now, we can avert $300 million dollars of damage to future Evanston residents! You can’t beat this deal!

1. What is the most we would be willing to pay to avert this future harm if our discount rate is 1.4% per year?

2. What is the most we would be willing to pay to avert this future harm if our discount rate is 4% per year?

3. What is the most we would be willing to pay to avert this future harm if our discount rate is 10% per year?

Suppose that we could buy a bit of Evanston lakefront for $130 million and build a lovely public beach that would deliver social benefits of $5 million dollars per year forever, starting one year from now.

4. What is the most we would be willing to pay to build this park if our discount rate is 1.4% per year?

5. What is the most we would be willing to pay to build this park if our discount rate is 4% per year?

6. What is the most we would be willing to pay to build this park if our discount rate is 10% per year?

7. Think of the basic Pigouvian Externality situation.

Private Marginal Benefit = 600 - 2*Q

Private Marginal Cost = 30 + Q

Marginal Damage = 90

Private market equilibrium quantity = Q_P = (600-30)/(2+1) = 190

What is the optimal Pigouvian tax and socially optimal quantity?

8. Same setup as in the previous problem, except that the Marginal Damage doesn’t occur now, but will actually happen in 10 years. Let the discount rate be 3%.

What is the optimal Pigouvian tax and socially optimal quantity today?

9. Same setup as in the previous problem, except we just had an election, and so now the discount rate is 7%. What is the optimal Pigouvian tax now? What is the optimal social quantity today?

explain succinctly the fundamental concepts and principles behind the simple motor that you have built