Collins is currently teaching computer age philosophy at MIT, making $85,000 per year. He is considering leaving his job to open up a restaurant in Santa Fe. He estimates that he will need to spend $200,000 per year on space and supplies and $100,000 per year on wages for his staff. The restaurant will earn $340,000 per year in revenue.
Assuming his estimates are accurate, what will Collins’ accounting profit be each year?
Assuming his estimates are accurate, what will Collins’ economic profit be each year?
Explain, beyond just reciting how it is calculated, what economic profit means, and why economists might believe it is a better estimate for the profitability of an economic decision.
In: Economics
Directions: You are to craft a persuasive speech for the following prompt: It is Christmastime, and Santa Claus has placed you on his VERY NAUGHTY list. However, instead of handing you lumps of coal, he has turned this list over to his old friend Krampus. You are given one opportunity to convince Krampus that you are in fact NICE and that he should, as a result, not drag you off in his basket and beat you with switches and chains. N.B.: While there is no set “length” for this speech script, you must be certain that you make a complete and convincingargument. (Translation: I expect an Introduction, a Body with three main points, and a Conclusion that would be as developed as one should be for any speech made in this class).
In: Psychology
Accounting Problem Adams
For this problem complete the task of making the proper adjustments, closing the books and creating a balance sheet, income statement and statement of equity.
This problem must be prepared in the following order:
1. Transmittal Letter - This is the first page and should tell the supervisor what has been prepared and who has prepared it. If you choose to indicate how much fun it was to complete, please convey that information as well.
2. Balance Sheet
3. Income Statement
4. Statement of Shareholders Equity
5. Adjusting Journal Entries
6. Horizontal Close
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Group 2 - ADAMS CORPORATION |
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In reviewing the initial trial balance, it is clear that adjustments must be made before the adjusted |
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trial balance will be correct. |
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Deferred Accounts: |
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1. Six percent of the sales revenues are funds received for products to be delivered in 2017. |
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2. Insurance costs of $3000 which were shown as prepaid expenses in the unadjusted trial balance provided coverage for 2016. |
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3. Equipment has been used to generate revenues. The company estimates $4000 in depreciation for 2016. |
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Depreciation is entered only at year end at the time of the adjusting entries. |
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Accrued Accounts |
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4. Wages have been paid through December 28th. The seven employees worked December 29, 30 and 31. |
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and each earned $2000 per day. |
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5. An extra telephone line was installed in December. The telephone bill for $1900 including hookup and usage charges |
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was received on February 4th, 2017. |
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6. Interest accrues on the short term notes payable at an annual rate of 12 percent. The principal |
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has been outstanding all month. Interest expense has been accounted for through November 30, 2016 |
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Interest on other debt has been paid at December 31, 2016. |
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7. The estimated income tax rate is 98%. |
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Unadjusted trial Balance |
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Unadjusted Trial Balance At 12/31/16
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In: Accounting
| Prepare the Unadjusted Trial Balance |
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April 1, 2016 |
The stockholders purchase 7,500 shares of $10 par value stock. Total cash received is $75,000. |
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April 1, 2016 |
The company took a $30,000 business loan from a local bank. The loan is |
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"interest only" loan for three years at a fixed rate of 10%. A ballon payment of the |
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principal will be due in 3 years. The montly interest payment is due by the 10th |
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of the following month. |
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April 1, 2016 |
Management rents a combination office and garage facility for $1,000 per month and pays |
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April 1, 2016 |
Purchased a truck valued at $45,000 with a $15,000 down payment and a 4-year $30,000 note payable |
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April 1, 2016 |
Purchased used equipment and trailers for $25,000 cash. The equipment and trailers have a 5-year useful life |
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April 2, 2016 |
Purchased on account Lawn & Garden Supplies in the amount of $6,000 from Wintergreen Garden Center. |
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April 4, 2016 |
Dorsey contracted with two local businesses, Preston Hill B & B and Grace's Diner to provide monthly llandscaping service at a rate |
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of $650 per month. Dorsey Landscape will bill the businesses at the end of each month. |
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April 6, 2016 |
Purchased $500 of office supplies on account from ABC Office Supply. |
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April 8, 2016 |
Paid invoice from Insurance company for 4 months of coverage beginning April 1, 2015 |
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April 10, 2016 |
Receipts of cash from landscaping services in the amount of $5,200 were deposited to bank. |
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April 14, 2016 |
Paid 1/2 of amount owed to Wintergreen Garden Center. |
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April 16, 2016 |
Paid $1,200 in wage expense for the period April 1 - April 15, 2015. |
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Aprl 19, 2016 |
Paid ABC Office Supply invoice for purchases on April 6, 2016. |
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April 20, 2016 |
Received $7,500 in cash and checks for landscaping services rendered. |
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April 24, 2016 |
Returned $500 worth of lawn and garden supplies to Wintergreen Garden Center and received |
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credit on account. |
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April 25, 2016 |
Received $1,000 advance deposit from customer for landscaping work to be stared in May 2016. |
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April 28, 2016 |
Paid remaining balance owed to Wintergreen Garden Center. |
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April 30, 2016 |
Truck Payment # 1 - Total $690.88 (Principal = $565.88; Interest = $125.00) |
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April 30, 2016 |
Paid $1,400 in wages expense for the period April 16 - April 30, 2016. |
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April 30, 2016 |
Pay credit card in full with the following charges incurred in April 2016: Gasoline - $625; Equipment |
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April 30, 2016 |
Sent invoices to Grace's Diner and Preston Hill B & B for monthly lawn service. |
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April 30, 2016 |
Paid dividends to shareholders in the amount of $500. |
In: Accounting
6. For many applications of matchings, it makes sense to use bipartite graphs. You might wonder, however, whether there is a way to find matchings in graphs in general.
Please keep straight to the point and short if possible, I give good ratings on good legible writings and correctness. THANKS!!
In: Advanced Math
Redesign topsort so it selects the LAST NODE in each iteration, rather than the first.
def topsort(G):
count = dict((u, 0) for u in G) # The in-degree for each node
for u in G:
for v in G[u]:
count[v] += 1 # Count every in-edge
Q = [u for u in G if count[u] == 0] # Valid initial nodes
S = [] # The result
while Q: # While we have start nodes...
u = Q.pop() # Pick one
S.append(u) # Use it as first of the rest
for v in G[u]:
count[v] -= 1 # "Uncount" its out-edges
if count[v] == 0: # New valid start nodes?
Q.append(v) # Deal with them next
return S
In: Computer Science
According to an airline, flights on a certain route are on time 85% of the time. Suppose 25 flights are randomly selected and the number of on-time flights is recorded.
(a) Explain why this is a binomial experiment.
(b) Find and interpret the probability that exactly17 flights are on time.
(c) Find and interpret the probability that fewer than17 flights are on time.
(d) Find and interpret the probability that at least 17 flights are on time.
(e) Find and interpret the probability that between 15 and 17 flights, inclusive, are on time.
(a) Identify the statements that explain why this is a binomial experiment. Select all that apply.
A.There are three mutually exclusive possibly outcomes, arriving on-time, arriving early, and arriving late.
B.The trials are independent.
C.The experiment is performed until a desired number of successes is reached.
D.The probability of success is the same for each trial of the experiment.
E.There are two mutually exclusive outcomes, success or failure.
F.The experiment is performed a fixed number of times.
G.Each trial depends on the previous trial.
(b) The probability that exactly 17 flights are on time is
(Round to four decimal places as needed.)
Interpret the probability.
In 100 trials of this experiment, it is expected about _ to result in exactly 17 flights being on time.
(Round to the nearest whole number as needed.)
(c) The probability that fewer than 17 flights are on time is _
(Round to four decimal places as needed.)
Interpret the probability.
In 100 trials of this experiment, it is expected about _ to result in fewer than 17 flights being on time.
(Round to the nearest whole number as needed.)
(d) The probability that at least 17 flights are on time is _
(Round to four decimal places as needed.)
Interpret the probability.
In 100 trials of this experiment, it is expected about _ to result in at least 17 flights being on time.
(Round to the nearest whole number as needed.)
(e) The probability that between 15 and 17 flights, inclusive, are on time is _
(Round to four decimal places as needed.)
Interpret the probability.
In 100 trials of this experiment, it is expected about _ to result in between 15 and 17 flights, inclusive, being on time.
In: Statistics and Probability
| Choice Hotels | Marriott International | (2016/2015)-1 | (2016/2015)-1 | |||||
| Ratios | 2016 | 2015 | 2016 | 2015 | Percent Change from 2015 to 2016 | Percent Change from 2015 to 2016 | ||
| Choice | Marriott | |||||||
| Basic earning power (BEP) ratio = earnings before interest and taxes (EBIT) / total assets | 3.5 | 3.2 | 0.06 | 0.23 | 0.09 | 2.98 | ||
| Return on equity (ROE) = net profit / total equity | -0.45 | -0.32 | 0.15 | -0.24 | 0.41 | -1.61 | ||
| Return on assets (ROA) = net income / total assets | 0.16 | 0.18 | 0.03 | 0.14 | -0.08 | -0.77 | ||
| Profit margin = profit (gross or net) / sales | -0.14 | -0.16 | 0.18 | 0.15 | -0.13 | 0.41 | ||
| Operating margin = operating income / revenue | 0.26 | 0.26 | 0.16 | 1.57 | -0.01 | -0.90 | ||
In: Finance
The purpose of this assignment is to apply knowledge of reliable and valid information sources to patient education in clinical nursing practice and to evaluate patient educational materials posted on the internet.
The assignment for this week consists of 3-5 pages paper evaluating consumer/patient health information on the web. You will be required to find a website that is designed to provide health information to the consumer/patient and analyze it according to the criteria described below. You are required to report your analysis in a formal course paper.
Choose a health topic/issue in which you want to educate your patient/consumer/family about (diabetes, heart failure, teenage pregnancy, depression, etc…) and briefly describe in your paper :
An explanation of your health topic/issue and why you selected it (Significance of the topic/issue selected).
Find an internet source that is designed to provide information/education about your selected health topic/issue and analyze the following:
describe the website (main title, information)
describe the overall impression about the design of the website (organization, easiness of finding information, easiness to read, table of content/index, colors, font, does it look professional).
Who is sponsoring the website?
How often is the site updated? When was the site created? Was it updated recently?
Does it state that the content is not medical advice?
Who is the intended audience? Does the site have a clear target audience? is the information presented appropriate to the target population?
How credible are the information presented:
Is there any evidence that the author of the web information has some authority in the field about which she or he is providing information? Who is responsible for the information? What are the author's credentials? Is a mechanism in place for you to contact the author?
Are there clues that the author/s are biased? For example, is he/she selling or promoting a product? Is the author taking a personal stand on a social/political issue or is the author being objective ? Bias is not necessarily "bad," but the connections should be clear.
Does the information have a complete list of works cited, which reference credible, authoritative sources? Is the information valid and supported by evidence? Are omissions noted? Is the author's point of view objective and unbiased?
Are the information accurate? any inconsistencies, inaccuracies, errors, false information, etc…
Are there links that point to additional, valuable resources with minimum effort?
Adequacy:
Over all, does the site provide consumer/patient education? is the education adequate or does the consumer have to go somewhere else to find answers about the topic?
Sophistication of the information:
Is this source too elementary, too technical, too advanced, or just right?
Is the purpose of the site clearly stated? Does the site match its purpose? Is the site intended to educate or sell?
Submit a 3-5 pages analysis paper following APA format (include title page, running head, introduction, headings, Summary paragraph, reference page, in-text citation). You need to include at least 5 reliablereferences of which at least 3 journal articles.
For assistance in completing this assignment review chapters 17 & 18 in your McGonigle text and visit the following two websites: https://www.mlanet.org/resources/userguide.html and http://mason.gmu.edu/~montecin/web-eval-sites.htm
In: Nursing
The purpose of this assignment is to apply knowledge of reliable and valid information sources to patient education in clinical nursing practice and to evaluate patient educational materials posted on the internet.
The assignment for this week consists of 3-5 pages paper evaluating consumer/patient health information on the web. You will be required to find a website that is designed to provide health information to the consumer/patient and analyze it according to the criteria described below. You are required to report your analysis in a formal course paper.
Choose a health topic/issue in which you want to educate your patient/consumer/family about (diabetes, heart failure, teenage pregnancy, depression, etc…) and briefly describe in your paper :
An explanation of your health topic/issue and why you selected it (Significance of the topic/issue selected).
Find an internet source that is designed to provide information/education about your selected health topic/issue and analyze the following:
describe the website (main title, information)
describe the overall impression about the design of the website (organization, easiness of finding information, easiness to read, table of content/index, colors, font, does it look professional).
Who is sponsoring the website?
How often is the site updated? When was the site created? Was it updated recently?
Does it state that the content is not medical advice?
Who is the intended audience? Does the site have a clear target audience? is the information presented appropriate to the target population?
How credible are the information presented:
Is there any evidence that the author of the web information has some authority in the field about which she or he is providing information? Who is responsible for the information? What are the author's credentials? Is a mechanism in place for you to contact the author?
Are there clues that the author/s are biased? For example, is he/she selling or promoting a product? Is the author taking a personal stand on a social/political issue or is the author being objective ? Bias is not necessarily "bad," but the connections should be clear.
Does the information have a complete list of works cited, which reference credible, authoritative sources? Is the information valid and supported by evidence? Are omissions noted? Is the author's point of view objective and unbiased?
Are the information accurate? any inconsistencies, inaccuracies, errors, false information, etc…
Are there links that point to additional, valuable resources with minimum effort?
Adequacy:
Over all, does the site provide consumer/patient education? is the education adequate or does the consumer have to go somewhere else to find answers about the topic?
Sophistication of the information:
Is this source too elementary, too technical, too advanced, or just right?
Is the purpose of the site clearly stated? Does the site match its purpose? Is the site intended to educate or sell?
Submit a 3-5 pages analysis paper following APA format (include title page, running head, introduction, headings, Summary paragraph, reference page, in-text citation). You need to include at least 5 reliablereferences of which at least 3 journal articles.
For assistance in completing this assignment review chapters 17 & 18 in your McGonigle text and visit the following two websites: https://www.mlanet.org/resources/userguide.html and http://mason.gmu.edu/~montecin/web-eval-sites.htm
In: Nursing