In: Statistics and Probability
Consider the two-dimensional laminar boundary layer flow of air
over a wide 15 cm long flat plate whose surface temperature varies
linearly from 20°C at the leading edge to 40°C at the trailing
edge. This plate is placed in an airstream with a velocity of 2 m/s
and a temperature of 10°C. Numerically determine how the surface
heat flux varies along the plate.
Explain the results obtained with proper reasoning. Support your
results with scaling analysis wherever possible.I need c++ program
to solve the similarity equations.
In: Mechanical Engineering
In: Statistics and Probability
The Nellie Mae organization found that in a random sample of 100 undergraduate students taken in 2004, the average credit card balance was $2169. Suppose sample standard deviation of these credit card balances is $1000. Perform a test to test if the average credit card debt exceeds $2000.
a)
Identify the population
Identify the variable:
Identify the parameter
b)
Calculate T stat
Find P-value with DF
In: Statistics and Probability
The Speech that Made Obama President
Many say this 2004 speech made Barack Obama our President. Watch the video and then participate
Describe how you try to gain other people’s compliance to do things for you. Define ethos, pathos, logos. Give a relevant example of each one. Then discuss which persuasive proofs, ethos, pathos, logos, are you most likely to use?
In: Economics
1 Consider the following returns:
Year End Stock Y Realized Return Stock Z Realized Return
2004 -14.6% 0.2%
2005 4.3% -3.2%
2006 -58.1% -27.0%
2007 71.1% 27.9%
2008 17.3% -5.1%
2009 0.9% -11.3%
Calculate the variance and expected return on a portfolio that is made up of equal investments in Stock Y and Stock Z stock.
In: Finance
In: Civil Engineering
Topic 3-2 Accounts Receivable Problem:
Receivables Forever Corp. started business on January 1, 20x3. The following information is provided about its sales during its first two years of operations.
[Hint: Companies can also use % of sales method to estimate bad-debt expense provision directly, instead of using aging schedule which estimate the ending allowance balance to back out bad-debt expense provision. For example, suppose the company estimate that 1% of the reported sales as bad-debt expense provision, then the ending balance would follow as beginning balance + bad-debt expense provision - write-offs.]
Year 20x3
During its first year of operations, 20x3, it had sales of $100,000. All sales were on credit. At the time that the sales were made, it was expected that 5% of the sales would be uncollectible. It collected $75,000 of the 20x3 sales during 20x3 and another $18,000 of the 20x3 sales during 20x4. It wrote off $3,000 of the 20x3 sales during 20x3 and $1,000 of the 20x3 sales during 20x4.
Year 20x4
During its second year of operations, 20x4, it had sales of $200,000. All sales were on credit. At the time that the sales were made, it was expected that 5% of the sales would be uncollectible. It collected $168,000 of the 20x4 sales during 20x4 and another $20,000 of the 20x4 sales during 20x5. It wrote off $8,000 of the 20x4 sales during 20x4.
20x4 year-end aging analysis
At year-end at 20x4, the company performed an aging analysis of existing accounts receivable calculation and found that the Allowance for Uncollectible Accounts account should have an ending balance of $6,000. It proceeded to make with the appropriate adjustment to Allowance and bad-debt expense accounts at the end of 20x4.
Questions:
| FY 2003 | FY 2004 | ||
| Before aging analysis | After aging analysis | ||
| Opening Balance | $0 | (Same as FY 2003 ending) | (Same as FY 2003 ending) |
|
Add: Bad-debt expense provision for the year |
|||
| Minus: Total write-off during the year | (Same as the cell to the left) | ||
| Ending balance | |||
|
Balance Sheet |
20x3 Year END |
20x4 Year END |
|
|
Before aging analysis |
After aging analysis |
||
|
Accounts Receivable |
|||
|
Minus: Allowance for Uncollectible Accounts |
|||
|
Net Accounts Receivable |
|||
|
Income Statements |
FY 2003 |
FY 2004 before aging analysis |
FY 2004 |
|
Bad Debt Expense |
|||
|
Other data |
FY 2003 |
FY 2004 |
|
|
Total Cash collected from customers during the year |
|||
In: Accounting
The executor of Gina Purcell’s estate has recorded the following information:
Assets discovered at death (at fair value):
| Cash | $ | 840,000 | |
| Life insurance receivable | 215,000 | ||
| Investments: | |||
| Walt Disney Company | 35,000 | ||
| Polaroid Corporation | 51,000 | ||
| Ford Motor Company | 58,000 | ||
| Dell Inc. | 56,000 | ||
| Rental property | 540,000 | ||
| Cash outflows: | |||
| Funeral expenses | $ | 45,000 | |
| Executor fees | 36,000 | ||
| Ordinary repairs of rental property | 5,000 | ||
| Debts | 89,000 | ||
| Distribution of income to income beneficiary | 6,400 | ||
| Distribution to charitable remainder trust | 420,000 | ||
| Cash inflows: | |||
| Sale of Polaroid stock | $ | 66,000 | |
| Rental income ($6,000 earned prior to death) | 14,000 | ||
| Dividend income ($4,400 declared prior to death) | 15,000 | ||
| Life insurance proceeds | 215,000 | ||
Debts of $41,000 still remain to be paid. The Dell shares have been conveyed to the appropriate beneficiary. Assume that Ms. Purcell’s will stated that all executor fees are to be paid from principal.
Prepare an interim charge and discharge statement for this estate.
In: Accounting
In: Accounting