74% of all Americans live in cities with population greater than 100,000 people. If 37 Americans are randomly selected, find the probability that

a. Exactly 25 of them live in cities with population greater than 100,000 people.______

b. At most 26 of them live in cities with population greater than 100,000 people. _____

c. At least 27 of them live in cities with population greater than 100,000 people. _____

d. Between 23 and 29 (including 23 and 29) of them live in cities with population greater than 100,000 people._____

The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the length of time customers take to pay their invoices is important. Listed below, arranged from smallest to largest, is the time, in days, for a sample of the Thomas Supply Company Inc. invoices. 13 13 13 20 26 27 31 34 34 34 35 35 36 37 38 41 41 41 45 47 47 47 50 51 53 54 56 62 67 82 (Round your answers to 2 decimal places.)

Determine the first and third quartiles.

Determine the second decile and the eighth decile.

Determine the 67th percentile.

The Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the length of time customers take to pay their invoices is important. Listed below, arranged from smallest to largest, is the time, in days, for a sample of the Thomas Supply Company Inc. invoices.

(Round your answers to 2 decimal places.)

1. Determine the first and third quartiles.
2. Determine the second decile and the eighth decile.
3. Determine the 67^th percentile.

Financial Statement Analysis Paper Written Assignment

One basic method that an accountant can use to analyze the financial situation of a business is ratio analysis. This can be a useful tool no matter the type of legal structure of the business and regardless of whether ownership is public or private. To help assure the availability of the necessary data, though, this assignment will be focused solely on a publicly traded company. As an overview, you will choose a publicly traded company from a list provided at the end of this assignment. Locate the company's website, retrieve the latest company's annual report from that site, calculate specific ratios for the latest two fiscal years, and respond to a limited number of analysis questions. Please note that this entails far more than finding precalculated ratios from a website such as Yahoo! Finance or Google Finance. If you desire, you can use such a site for a reasonableness check on the results of your calculations, but any such comparisons should not be part of your resulting paper. Also, you might not match exactly to their figures anyway because those may include quarterly updates. The paper should be three to four double-spaced pages (not counting the cover page and bibliography). The font size should be 12-point and the type can be Times New Roman, Verdana, or Arial. Your paper should be properly cited using APA referencing style. This means that citations should be in a bibliography and in the body of the paper wherever you refer to or directly quote any information or terms from other sources. Please submit your paper no later than midnight Sunday at the end of Week 6. For the section showing the ratio calculations, provide appropriate details regarding the formula used, the source of the data, and the resulting calculations. Although you are certainly welcome and encouraged to use Excel to complete these tasks, copying and pasting from Excel into the Word document is discouraged unless it can be done in a manner that is cosmetically appropriate. The requirements for the ratio analysis section are as follows. Compute the following for each of the two most recent years. Profit margin Return on shareholders' equity Current ratio Interest coverage ratio Document your work by properly citing items such as the following. The website for the company The web page link for the annual report The page number of the annual report Appropriate details of the calculations

The questions that should be addressed in the second section of the paper are as follows.

If you were an accountant for a potential vendor for this company, explain which of these ratios would be of the most interest to you. Would there also be a second ratio of interest to you?
If you were an accountant for a potential investor in this company, explain which of these ratios would be of the most interest to you. In your opinion, what other ratio or ratios beyond the ones listed above should also be considered in an investment context?
What is your overall opinion of this company based on the limited analysis completed via the four ratios?

Feel free to mention any questions that you feel should still be considered in view of the ratios or the changes from one year to the next. Please also consider these suggestions for your success on this assignment. If you choose a company from the list and have any trouble finding its website, the annual reports, or specific information, consider selecting a different company from the list instead. If the company has subsidiaries, be sure to use the consolidated financial statements. Be sure to use the financial statements rather than summaries elsewhere in the annual report. List of companies (choose one):

Barnes & Noble, Inc.
Intuit Inc.
The Kroger Co.
Macy's Inc.
Dell Inc.
Family Dollar Stores Inc.
Kodiak Oil & Gas Corp.
Tractor Supply Company
Verizon Communications Inc.

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A manager of a ski-station restaurant collected $90,000 of revenue in April, serving 9000 customers. For May she predicts a decrease in guests of 40%. What will be the amount of revenue she will collect, if she is planning to reduce her fixed costs, by reducing number of staff by 20%.

What role do customers play in a business? What is sales revenue and how does it relate back to customers? What does “Accounts Receivable” mean? What benefit does the A/R report provide? What are credit memos and are they a good thing? What is a Trial Balance? What does an account reconciliation provide?

Q 2?Rafique Inc. makes product A and sells at selling price of SAR 45 per unit. Badr Inc. wants to buy 5,000 units at SAR 27 per unit. Rafique Inc. has a normal capacity of 101,000 units and projected sales to regular customers this year is 92,000 units. Per unit costs traceable to the product (based on normal capacity of 92,000 units) are listed below?

Direct Materials??8.1

Direct Labour?`??6.0

Variable Mfg. Overhead?6.2

Fixed mfg. overhead??4.8

Fixed administrative costs?0.8

Fixed Selling Costs??0.4

Does the quantitative analysis suggest that the company should accept the special order?

Q 1     Salem Corporation is producing product A. The company had problems related to quality. Customers have been returning the product in the last months.

?ABC costing method and ABM can be used to manage quality.

a.?Define each type of quality-related activity and give one example of each activity type.

b.?Suppose the managers implement an ABC system to measure the costs of quality. How could they use information from this system to improve the product?

s Q 3 Discuss the qualitative factors in Keep or Drop Decision in details.

Suppose that nominal GDP was $9000000.00 in 2005 in Orange County California. In 2015, nominal GDP was $11750000.00 in Orange County California. The price level rose 1.00% between 2005 and 2015, and population growth was 3.75%. Calculate the following figures for Orange County California between 2005 and 2015. Give all answers to two decimals.

a. Nominal GDP growth was %.

Part 2   (1 point)

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b. Economic growth was %.

Part 3   (1 point)

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c. Inflation was %.

Part 4   (1 point)

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d. Real GDP growth was %.

Part 5   (1 point)

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e. Per capita GDP growth was %.

Part 6   (1 point)

f. Real per capita GDP growth was %.

You are The Chief Finance Officer for your company, Blue Label Inc. and a Fellow of the local accountancy body, The Association Certified Chartered Accountants (ACCA).   You have just received an invitation from ACCA 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:

(i) sale and repurchase arrangements;

(ii) consignment inventory and

(iii) Bill and hold arrangements (use simple illustrations as far as possible).

Be concise and clear ,give practical example were possible