Jim Coleman, was appointed the manager of Maris Properties, a recently formed company that manages residential rental properties. Linda Grider is the accountant. She prepared a chart of accounts based on an analysis of the expenditures of the company. One of the largest expense categories is Travel and Entertainment. Mr. Coleman believes that it is important to maintain a presence in the social life of the city. In this, he sharply differs from his father, Randall Coleman. Randall has set up Maris Properties in order to test his son's management skills before allowing him to manage the more lucrative commercial property business. Randall provided the capital for Maris, and maintains close contact with the company. He allowed his son, however, to hire his own employees.

Mr. Coleman has asked Linda, the accountant, to change the name of the Travel and Entertainment account to Property Development. He hopes to distract his father's attention away from the amount he has spent on travel and entertainment until he has proven that his methods work. When Linda resisted, he reminded her that he, not his father, hired her. He also reminded her that she had been enthusiastic about his business plans when she was hired

Required

a. Who are the stakeholders in this situation?

b. Should Ms. Grider agree to the change in the Travel and Entertainment account to Property Development? Explain.

c. What controls can be recommended by Linda to ensure that such frauds do not occur?

TEXplor has purchased a 2-year lease on land adjacent to the land leased by
Clampett. The land leased by TEXplor lies above the same crude oil deposit. Assume
Management of AG Travel and Tour has identified two groups of individuals that
would be interested in the vacation package consisting of room and board and/or
entertainment. The maximum amount that group 1 is willing to pay for room and
board is GHC 2500 and for entertainment is GHC 500. For group 2, the maximum
amount they are willing to pay for room and board is GHC 1800 and for
entertainment is GHC 750. Although AG Travel and Tour is not able to identify
members of either group, it does know that each group values the components of
the package differently. Assuming there are an equal number of members in each
group and that the total membership in each group is a single individual. If the
marginal cost of providing the service (room and board and/or entertainment) to
each group is GHC 1000.
i. How much will the hotel charge members of each group for the vacation
package if it could identify the members in each group?
ii. How much will the profit for AG Travel and Tour be?
iii. Since AG Travel and Tour is not able to identify members of each group,
what price should it charge for each product?
iv. What will be the profit for AG Travel and Tour in the case of (iii) above?

v. If AG Travel and Tour wants to charge a package price, what is the highest
price it can charge?
vi. What profit will AG Travel and Tour make if it charges the package price
found in (v) above? (3 mark

The twelfth paragraph states that the Chilean government’s "fiscal restraint" in the face of strong capital inflows during the 1990s left the government with "enough money...to cushion the economic downturn when foreign capital eventually turned tail in 1998." Explain.

https://www.economist.com/node/10286077

In 1998, as an advertising campaign, the Nabisco Company announced a “1000 Chips Challenge,” claiming that every 18-ounce bag of their Chips Ahoy cookies contained at least 1000 chocolate chips. Dedicated Statistics students at the Air Force Academy (no kidding) purchased some randomly selected bags of cookies, and counted the chocolate chips. Some of their data are given below. (Chance, 12, no. 1[1999])

1219   1214   1087   1200   1419   1121   1325   1345

1244   1258   1356   1132   1191   1270   1295   1135

a) Write appropriate hypotheses.

b) Are the necessary assumptions to make inferences satisfied? Hint: draw a picture

c) State the sample mean, standard error, and p-value.

d) State an appropriate conclusion.

e) What do you think of the company’s claim?

Put the answer below in your own words

The assumption of no disposals during 1998 is not reasonable. The change in accumulated depreci-ation during the year is $385 ($3,895 – $3,510). Because this is significantly less than the estimated depreciation expense for the year ($494), it appears that there have been some disposals.

In 1998, as an advertising campaign, the Nabisco Company announced a “1000 Chips Challenge,” claiming that every 18-ounce bag of their Chips Ahoy cookies contained at least 1000 chocolate chips. Dedicated Statistics students at the Air Force Academy (no kidding) purchased some randomly selected bags of cookies, and counted the chocolate chips. Some of their data are given below. (Chance, 12, no. 1[1999])

1219   1214   1087   1200   1419   1121   1325   1345

1244   1258   1356   1132   1191   1270   1295   1135

a) Write appropriate hypotheses.

b) Are the necessary assumptions to make inferences satisfied? Hint: draw a picture

c) State the sample mean, standard error, and p-value.

d) State an appropriate conclusion.

e) What do you think of the company’s claim?

Comparing two proportions The following table gives the records of accidents in 1998 compiled by the Department of Highway Safety and Motor Vehicles in Florida. Injury Safety Equipment in Use Fatal Nonfatal None 1601 162,527 Seat belt 510 412,368 Denote the number of accidents and fatalities when no safety equipment was in use by nN and yN, respectively. Similarly, let nS and yS denote the number of accidents and fatalities when a seat belt was in use. Assume that yN and yS are independent with yN distributed as binomial(nN, pN) and yS distributed as binomial(nS, pS). Assume a uniform prior is placed on the vector of probabilities (pN, pS). a) Show that pN and pS have independent beta posterior distributions. b) Use the function rbeta to simulate 1000 values from the joint posterior distribution of (pN, pS). c) Using your sample, construct a histogram of the relative risk pN/pS. Find a 95% interval estimate of this relative risk. d) Construct a histogram of the difference in risks pN − pS.

a) In the first trading day of 1998, Hang Seng Index closed at 10680.60, while in the last trading day of 2017, it closed at 29919.15. What is the average annual growth rate of Hang Seng Index in this 20-year?                              

b) The following yield curve is observed of the U.S. Treasury securities on 28th October 2019:

Suppose the pure expectation theory is correct. Forecast the expected one-year yield rate of one year later and of two years later respectively.  

The following table shows the approximate numbers of school goers in the United States (residents who attended some educational institution) in 1998, broken down by age group. Age 3−6.9 7−12.9 13−16.9 17−22.9 23−26.9 27−42.9 Population (millions) 8 22 15 13 3 5 Use the rounded midpoints of the given measurement classes to compute the probability P distribution of the age X of a school goer. (Round probabilities to four decimal places.)

Age 5 10 15 20 25 35 P(X = x) Compute the expected value of X, E(X). (Round your answer to one decimal place.)

E(X) = What information does the expected value give about residents enrolled in schools? (Round your answer to one decimal place.) In 1998, was years old.