Questions
Write a Java program called RevenueAdvanced to calculate the revenue from a sale based on the...

Write a Java program called RevenueAdvanced to calculate the revenue from a sale based on the unit price and quantity of a product input by the user. (use if and if-else statements)
• The discount rate is
o 0% for the quantity purchased between 1 and 49 units.
o 10% for the quantity purchased between 50 and 99 units.
o 15% for the quantity purchased between 100 and 149 units.
o 25% for the quantity purchased greater than or equal150 units.
New: Catch any invalid inputs as the following, if so, output a warning message and end the program.
o Employee Number: should be nine digits, no zero leading, non-negative, and no decimal points.
o Item Price: should be within the range [0.25, 100], and non-negative.
o Quantity: non-negative, and no decimal points.

Demo (1) a successful run:
Welcome to "Temple" store
Enter item price: 10
Enter quantity: 60
The item price is: $10.0
The order is: 60 item(s)
The cost is: $600.0
The discount is: 10.0%
The discount amount is: $60.0
The total is: $540.0
Thank You for using "Temple" store

Demo (2) a failed run:
Welcome to "Temple" store
Enter item price: -30
This is not a valid item price.
Please run the program again
Thank You for using "Temple" store

Demo (3) another failed run:
Welcome to "Temple" store
Enter item price: 10
Enter quantity: -90
This is not a valid quantity order.
Please run the program again
Thank You for using "Temple" store

In: Computer Science

The following data show the annual revenue ($ millions) and the estimated team value ($ millions)...

The following data show the annual revenue ($ millions) and the estimated team value ($ millions) for the 30 Major League Baseball teams (Forbes website, January 16, 2014).

Team

Revenue ($ millions)

Value ($ millions)

Arizona Diamondbacks

195

584

Atlanta Braves

225

629

Baltimore Orioles

206

618

Boston Red Sox

336

1312

Chicago Cubs

274

1000

Chicago White Sox

216

692

Cincinnati Reds

202

546

Cleveland Indians

186

559

Colorado Rockies

199

537

Detroit Tigers

238

643

Houston Astros

196

626

Kansas City Royals

169

457

Los Angeles Angels of Anaheim

239

718

Los Angeles Dodgers

245

1615

Miami Marlins

195

520

Milwaukee Brewers

201

562

Minnesota Twins

214

578

New York Mets

232

811

New York Yankees

471

2300

Oakland Athletics

173

468

Philadelphia Phillies

279

893

Pittsburgh Pirates

178

479

San Diego Padres

189

600

San Francisco Giants

262

786

Seattle Mariners

215

644

St. Louis Cardinals

239

716

Tampa Bay Rays

167

451

Texas Rangers

239

764

Toronto Blue Jays

203

568

Washington Nationals

225

631

1. Write the regression equation.

2. Interpret the regression constant and regression coefficient.

3. Forecast a value for the dependent variable, test the significance of the regression coefficient at an alpha level of .05. Test the overall significance of the regression model, and Interpret the coefficient of determination.

5. Are there any indications of violations of the general linear model? You must address each assumption separately and explain.

In: Math

The marginal revenue for x of a certain industrial machine is R'(x) = 5,000 - 8x2...

The marginal revenue for x of a certain industrial machine is R'(x) = 5,000 - 8x2 dollars per year and the marginal cost of the industrial machines is C'(t) = 3,500 + 13x2 dollars per year.

1. Find the Marginal Profit for 4 industrial machines. Interpret MP(4) in economic terms.

2. Sketch a graph of the marginal profit function. Carefully label the function and the y intercept. Meaningfully label the x and y axes.

3. On the above graph, shade the area that represents the profit generated from the production and sale of from 7 to 20 industrial machines.

4. In the space below, give the definite integral for the shaded region and interpret what your shading represents (Don’t forget to use appropriate units.)

5. Give and solve (using the Fundamental Theorem of Calculus) the definite integral that represents the profit from the production and sale of from 7 to 20 industrial machines.

6. The profit from the production and sale of 1 industrial machine is $25,000. What is the general profit equation for the industrial machines? How much will the company profit from the production and sale of 3 industrial machines?

In: Economics

The adjusted trial balance of AltaAlta Corporation at December 31 shows that sales revenue for the...

The adjusted trial balance of

AltaAlta

Corporation at December 31 shows that sales revenue for the year was

$ 550 comma 000$550,000

and other revenue was

$ 49 comma 000$49,000.

Cost of goods sold for that same period was

$ 305 comma 000$305,000​,

while other expenses totaled

$ 210 comma 000$210,000.

The corporation declared and paid dividends of

$ 20 comma 000$20,000

during the year. The balance of retained earnings before closing entries was

$ 460 comma 000$460,000.

Read the requirements

LOADING...

.

1. Prepare the closing entries for​ revenues, expenses, and dividends for the year. ​(Record debits​ first, then credits. Exclude explanations from any journal​ entries.)

Begin by recording the entry to close out the revenue accounts.

Journal Entry

Date

Accounts

Debit

Credit

Dec

31

Close out the expense accounts.

Journal Entry

Date

Accounts

Debit

Credit

Dec

31

Close out the Dividends account.

Journal Entry

Date

Accounts

Debit

Credit

Dec

31

2. What was net income for the​ year?

Select the formula and enter the amounts to determine net income for the year.

-

=

Net Income

-

=

3. What is the ending balance of retained earnings after the closing entries are​ posted?

Select the formula and enter the amounts to determine the ending balance of retained earnings after the closing entries are posted.

Ending Retained

+

-

=

Earnings

+

-

=

Choose from any list or enter any number in the input fields and then continue to the next question.

In: Accounting

Chapter 21: Operational Finance and Budgeting 1. ___ is the primary revenue source for HMOs. A....


Chapter 21: Operational Finance and Budgeting

1. ___ is the primary revenue source for HMOs.
A. Investments
B. Equity financing
C. Withholds
D. Premium revenue

2. ___ rating entails the application of a standard rate to all groups within the community being underwritten.
A. Experience rating
B. Basic community rating
C. Adjusted community rating
D. None of the above

3. ___ develops a group rate on the basis of a group’s actual experience.
A. Experience rating
B. Basic community rating
C. Adjusted community rating
D. None of the above

4. Medical expenses of an MCO may be incurred on a:
A. Capitated basis
B. Fee schedule
C. Per diem arrangement
D. All of the above

5. ___ is a method of measuring the minimum amount of capital appropriate for an MCO to support its overall business operations on the basis of its size and the degree of risk taken into account each of the five major categories of risk.
A. ABC analysis
B. RBC
C. Pareto analysis
D. None of the above

6. The Sarbanes Oxley Act of 2002 created which of the following

A. Securities and Exchange Commission
B. Institute of Internal Auditors
C. Public Company Accounting Oversight Board
D. NAIC

Chapter 22: Underwriting and Rating Functions

1.?___ involves gathering information about applicants or groups of applicants to determine an adequate, competitive, and equitable rate at which to insure them.

A.?Adjusting

B.?Underwriting

C.?Rating

D.?None of the above

2.?___ involves calculating the premium to be charged for a specific individual or group on the basis of information gathered during the ___ process.

A.?Rating, Underwriting

B.?Underwriting, Rating

C.?Rating, Adjusting

D.?None of the above

3.?The best data source for any health plan is ___ because it implicitly recognizes all the plan-specific characteristics.

A.?Underwriting

B.?Actuarial consulting firms’ data

C.?Experience

D.?All of the above

4.?___ rates are high enough to generate sufficient revenue to cover all claims and other plan expenses and to yield an acceptable return on equity.

A.?Equitable

B.?Adequate

C.?Competitive

D.?None of the above

5.?_   rates will approximate any given group’s costs without an unreasonable amount of cross-subsidization across groups.

A.?Equitable

B.?Adequate

C.?Competitive

D.?None of the above

6. Why is historical persistency an important factor to consider when underwriting?

A. There are significant fixed costs to write a new group
B. Groups that change carriers often are cheaper to underwrite
C. Multi-year relationships with groups may be required by law
D. None of the above

7. Applicants/groups with poor credit histories may be required to do which of the following?

A. Produce some form of collateral
B. Produce a letter of credit
C. Pay premiums in advance of the coverage period
D. Any of the above

Chapter 23: Information Systems and EDI for Managed Care Organizations

1.?True or false? MCO rely greatly on information systems to reduce costs and improve service.

2.?True or false? Claims processing is the primary differentiator between health plans in the marketplace.

3.?True or false? The most common form of claims submission is electronic.

4.?True or false? The largest opportunity to improve healthcare utilization, quality, and cost is through proactive and intensive medical and case management leverage medical management software.

Chapter 24: Health Plans and Medicare

1. Which type of MA plan is experiencing an increase in availability and enrollment due to broad waivers from CMS?

A. Medical savings account plan.
B. Health Maintenance Organization plan.
C. Private fee-for-service plan.
D. Group retiree plan.

2. Dual Eligible Special Needs Plans enroll individuals who are “dual eligible.” Who are the “dual eligible”?

A. Individuals who are eligible for Medicare and have Long-Term care insurance
B. Individuals who are eligible for Medicare and Medicaid
C. Individuals who are eligible for Medicare and are institutionalized
D. Individuals who are eligible for Medicare and have a severe or disabling chronic condition

3. Plans can receive bonus payments for high star quality ratings. The bonus payments can be used to:

A. Provide additional benefits
B. Reduce cost sharing
C. Reduce enrollee premiums
D. All of the above

4.   If a plan’s bid to CMS exceeds the benchmark, the plan must charge enrollees the difference in the form of :

A. A monthly premium
B. Higher deductibles
C. Reduced services
D. Higher copayments

5. MA plans must have a quality improvement program that measures performance under the program and includes:

A. Chronic Care Improvement Programs (CCIP)
B. Quality Improvement Projects (QIPs)
C. Health Information Systems
D. All of the above

6. Which of the following is most likely to cause the rise of Medicare enrollment in MA plans over the next few decades?

A. The Affordable Care Act
B. Baby Boomer interest in staying in managed care when becoming eligible for Medicare
C. Politicians encouraging Medicare beneficiaries to choose MA over FFS
D. Increased marketing by MA plans to raise awareness of MA

In: Operations Management

As a small business owner, your financial strategy may be limited by the lack of revenue...

As a small business owner, your financial strategy may be limited by the lack of revenue during periods of your business. These fiscal challenges may be overcome by understanding and utilization the company’s financial information effectively. Develop a post that discusses each of the financial statements and explain in your own words how they will contribute to the success of your business.

In: Accounting

A B C D E Sales Revenue      40,000      75,000      580,000      35,000     ...

A B C D E
Sales Revenue      40,000      75,000      580,000      35,000      55,000
Cost of Goods Sold      19,000      50,000      270,000      19,000      30,000
Operating Expenses      10,000      40,000      235,000      12,000      18,000
Identifiable Assets      35,000      80,000      500,000      65,000      50,000
After conducting all of the applicable segment tests on the above information
provided, which segments are reportable?

In: Accounting

The Unearned Consulting Revenue account has a balance of $261,220 as of December 31, 2015. On...

The Unearned Consulting Revenue account has a balance of $261,220 as of December 31, 2015. On May 1, 2015 a client paid CMC $153,000 cash in advance for a 12-month consulting services contract. CMC will earn revenue evenly over this 12-month period.   This was the only prepayment received from clients during the entire 2015 fiscal year and recorded with a credit to Unearned Revenue. Of the beginningbalance in Unearned Revenue (i.e. at Jan 1 2015), 65% of the work has now been completed by year end.

What is the Adjusting Journal Entry for this? the 65% is somehow confusing me.

In: Accounting

Revenue Recognition Using Word or Excel, create a diagram or model that represents the series of...

Revenue Recognition

Using Word or Excel, create a diagram or model that represents the series of criteria found in CON5.

Using Word or Excel, create a diagram or model that represents the process of the revenue recognition process.

Guidance:

Diagram the process of revenue recognition.

Start with the process.

What starts the process?

Think through from the business perspective what happens when you purchase a good or service?

What are the journal entries?

What are the accounts?

What happens to the accounts?

What’s the impact on the financial statements?

Which financial statements?

In: Accounting

LO4 Under the cash basis of accounting, revenue is recorded when it is received in cash,...

LO4 Under the cash basis of accounting, revenue is recorded when it is received in cash, and expenses are recorded when they are paid in cash. Under the accrual basis of accounting, revenue is recorded when earned, even if cash is received at an earlier or a later date, and expenses are recorded when incurred, even if cash is to be paid at an earlier or a later date. Considering the following events, match which month the revenue or expenses would be recorded using the accounting method specified.

Collins Company uses the accrual basis of accounting. Crane prepays cash in November for insurance that covers the following month, December, only.

Emily's Natural Company uses the accrual basis of accounting. Emily’s Natural makes a sale to a customer in June but does not expect payment until September.

Patricia's Printing uses the cash basis of accounting. Patricia’s receives cash from customers in March for services to be performed in June.

Wesley's Travel uses the cash basis of accounting. Wesley prepays cash in January for insurance that covers the following month, February, only.

a)January

b)March

c)June

)December

In: Accounting