In: Accounting
On February 1, 2010, Marcos Contractors agreed to construct a building at a contract price of $3,000,000. Marcos estimated total construction costs would be $2,000,000 and the project would be finished in 2012. Information relating to the costs and billings for this contract is as follows:
? 2010?? 2011?? 2012?
Total costs incurred to date?$ 750,000?$1,320,000?$2,300,000
Estimated costs to complete?1,250,000? 880,000?-0-
Customer billings to date?1,100,000? 2,000,000?3,000,000
Collections to date?1,000,000? 1,750,000?2,950,000
Instructions
1. Fill in the correct amounts on the following schedule. For percentage-of-completion and for completed-contract accounting, show the gross profit that should be recorded for 2010, 2011, and 2012.
2. Prepare all entries for 2010, 2011, and 2012 for Marco.
3. Prepare Statement of Financial Position ends of 2010, 2012 and 2011(if any) under Percentage of-completion-method, completed-contract method.
In: Accounting
Discussion: Change & amp; Innovation in Nursing Creating Innovative Models of Clinical Nursing Education Innovation leads to change, and that change leads to improvements in care, service, quality, and professionalism. Real improvements in quality, care, and services come from effective, insightful change and positive innovation that is derived from people who are prepared to take the lead and act on their ideas. It is not suggested that every change is positive or good. Clearly change for change's sake or change that is ill-conceived or poorly planned can have negative consequences. However, change, facilitated or driven by clinical leaders, people, being innovative that leads to improvements in quality, care, and services is considered valuable and essential. Clinical leaders are the health professionals best placed to lead change in practice and suggest innovations that impact positively on clinical quality. Innovation can also mean bringing into existence something new that can be sustained, and which has some value or utility. In effect, innovation results in a breakthrough of some sort. The problem and need for change Although nursing care has changed significantly over the past 30 years, methods to clinically train nursing students have not. The traditional model of clinical nursing education, where a faculty member oversees a group of six to eight students on an acute care unit for a 4- to 8-hour shift, provides a haphazard approach to learning. A need exists to add innovative ways to effectively train more nursing students to better prepare them for today’s health care environment. Using a change framework, seven approaches to clinical nursing education were created through academic-practice partnerships. These approaches may increase the effectiveness and efficiency of the clinical nursing education system. For that change to be successful, one must undertake a series of eight thoughtful steps. The first two steps set the stage for change to occur and include creating a sense of urgency and establishing a group of people to guide the change process. The next step creates a vision for change. The next four steps involve making change happen and include communicating the vision, empowering others to lead change, acknowledging short-term wins, and perseverance. The final step targets ways to make change last. These eight steps can provide a solid framework for implementing clinical nursing education effort Rationale for change This innovation includes a call to redesign the nursing educational system to better meet the demands of the current and future nursing practice environment. This redesign includes increasing nursing students’ community-based experiences and exposing students to complex health care issues, such as those found in long-term care settings. Research question With significant changes in nursing practice, what are the best innovative ways to train futures nurses to match the 21st a century and beyond.
please can someone help me with a response this post
In: Nursing
Crane Company has a July 31 fiscal year end and uses a perpetual
inventory system. The records of Crane Company show the following
data:
| 2021 | 2020 | 2019 | |||||||
| Income statement: | |||||||||
| Sales | $350,000 | $325,000 | $360,000 | ||||||
| Cost of goods sold | 247,000 | 228,000 | 273,000 | ||||||
| Operating expenses | 70,000 | 70,000 | 70,000 | ||||||
| Balance sheet: | |||||||||
| Merchandise inventory | 52,000 | 44,000 | 35,000 | ||||||
After its July 31, 2021, year end, Crane discovered two
errors:
| 1. | At July 31, 2020, Crane had $10,000 of goods held on consignment at another company that were not included in the physical count. | |
| 2. | In July 2020, Crane recorded a $15,000 inventory purchase on account that should have been recorded in August 2020. |
Prepare corrected income statements for Crane for the years
ended July 31, 2019, 2020, and 2021.
Calculate the incorrect and correct inventory turnover ratios for
2020 and 2021. (Round answers to 2 decimal places, e.g.
52.75.)
| 2020 | 2021 | |||||
| Incorrect inventory turnover | times | times | ||||
| Correct inventory turnover | ||||||
In: Accounting
A programmer plans to develop a new software system. In planning for the operating system that he will? use, he needs to estimate the percentage of computers that use a new operating system. How many computers must be surveyed in order to be 90?% confident that his estimate is in error by no more than four percentage points? B) Assume that a recent survey suggests that about 91?% of computers use a new operating system
In: Statistics and Probability
A programmer plans to develop a new software system. In planning for the operating system that he will use, he needs to estimate the percentage of computers that use a new operating system. How many computers must be surveyed in order to be 95% confident that his estimate is in error by no more than five percentage points question marks?
Complete parts (a) through (c) below. Round to nearest integer.
Assume that nothing is known about the percentage of computers with new operating systems.
n= ?
Assume that a recent survey suggests that about 89% of computers use a new operating system.
n = ?
Does the additional survey information from part (b) have much of an effect on the sample size that is required?
A - Yes, using the additional survey information from part (b) dramatically increases the sample size
B. - No, using the additional survey information from part (b) does not change the sample size.
C. - Yes, using the additional survey information from part (b) dramatically reduces the sample size.
D. - No, using the additional survey information from part (b) only slightly increases the sample size
In: Statistics and Probability
A programmer plans to develop a new software system. In planning for the operating system that he will use, he needs to estimate the percentage of computers that use a new operating system. How many computers must be surveyed in order to be
9595%
confident that his estimate is in error by no more than
fivefive
percentage
points question mark s?
Complete parts (a) through (c) below.
a) Assume that nothing is known about the percentage of computers with new operating systems.
nequals=nothing
(Round up to the nearest integer.)
b) Assume that a recent survey suggests that about
8989%
of computers use a new operating system.
nequals=nothing
(Round up to the nearest integer.)
c) Does the additional survey information from part (b) have much of an effect on the sample size that is required?
A.
Yes, using the additional survey information from part (b) dramatically increases the sample size.
B.
No, using the additional survey information from part (b) does not change the sample size.
C.
Yes, using the additional survey information from part (b) dramatically reduces the sample size.
D.
No, using the additional survey information from part (b) only slightly increases the sample size.
In: Statistics and Probability
A programmer plans to develop a new software system. In planning for the operating system that he will use, he needs to estimate the percentage of computers that use a new operating system. How many computers must be surveyed in order to be 99% confident that his estimate is in error by no more than three percentage points question marks?
a) Assume that nothing is known about the percentage of computers with new operating systems.
n=___
b) Assume that a recent survey suggests that about 85% of computers use a new operating system.
n=____
c) Does the additional survey information from part (b) have much of an effect on the sample size that is required?
In: Statistics and Probability
A programmer plans to develop a new software system. In planning for the operating system that he will use, he needs to estimate the percentage of computers that use a new operating system. How many computers must be surveyed in order to be 95% confident that his estimate is in error by no more than five percentage points question marks? Complete parts (a) through (c) below. a) Assume that nothing is known about the percentage of computers with new operating systems.
In: Statistics and Probability
A programmer is writing the code for a new interactive basketball game. As a result, she is using quadratic relations to model the path of the ball. During the game, when a ball is shot, the path it follows is modelled by the quadratic relation, h= -0.2d^2 + 3d +6, where h represented the height of the ball above the ground and d represented the distance of the ball from the shooter. Both distances are measured in feet.
Provide step-by-step solutions that are communicated clearly for all questions.
In: Advanced Math