The Ivanhoe Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31.

Other data:

Prepare a retained earnings statement for the month of May.

The Ivanhoe Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31.

Other data:

Prepare an adjusted trial balance on May 31.

A 15-member Board of Directors is organizing for the upcoming year.   

2.         They must elect a president, a vice-president, and a treasurer.  How many different slates of candidates are possible?  

3.         They must choose four members to serve on the finance committee. How many different committees could be formed?

The age and gender breakdown of the Board is

If one member is randomly chosen to organize the annual meeting, what is the probability that the person will be

4.         Female

5.         A female or a person 25-35 years old

6.         A male between 36 and 45 years old.

The Board has narrowed the options for the annual meeting to the following:

City:  Annapolis or Baltimore

Month:  March or June or September  

Venue: Hotel or College

7.         Draw a tree diagram to show the sample space for all possible choices.  

8.         If one package is chosen at random what is the probability that it is in Annapolis at a hotel?

Services Marketing Differs from Product Marketing

Two national firms, the Prestige Hotel and Pro Fitness chains, strive to deliver quality service to their customers. To do so, they address the four core differences between services and goods. In the following scenario, you will be asked to categorize statements about the customer's experiences and the firm's marketing efforts by the core difference they represent.

Economies of developed countries like the United States have become increasingly dependent on services. For example, service industries like retail and information services account for about two-thirds of the U.S. gross domestic product (GDP) and the lion's share of U.S. jobs. The marketing of services differs from goods marketing because of the four fundamental ways in which services differ from goods: They are intangible, inseparable, variable, and perishable.

Satisfaction guarantee

Hard to convey value

Hotel stay

Off-peak rates

Use guest pass

Uses Flexipass

Managing Staff

Conflicting Experiences

The average daily rate of a hotel in Canada as of August 2018 was $184.85. Assume the average daily rate follows a normal distribution with a standard deviation of $27.70.

Standard Normal Distribution Table

a. What is the probability that the average daily rate of a Canadian hotel will be:

(i) less than $165
P(X < 165)=P(X < 165)=

(ii) more than $215
P(X > 215)=P(X > 215)=

(iii) Between $160 and $190
P(160 < X < 190)=P(160 < X < 190)=

b. Determine the average daily rates that separate the:

(i) top 6% of average daily rates from the rest of the daily rates or from the bottom 94% of average daily rates
x=x=

Round to 2 decimal places.

(ii) bottom 15% of average daily rates from the rest of the daily rates
x=x=

Round to 2 decimal places.

(iii) middle 70% of average daily rates from the rest of the daily rates

  < x <  < x <  

Round to 2 decimal places.

James is a college senior who is majoring in Risk Management and Insurance. He owns a high-mileage 1998 Honda Civic that has a market value of $2,800. The current replacement value of his clothes, television sets, stereo set, cell phone, and other property in a rented apartment totals $9,000. He has a waterbed in his rented apartment that has leaked in the past. An avid runner, James runs 5 miles daily in a nearby public park that has the reputation of being very dangerous because of drug dealers, numerous assaults and muggings, and drive-by shootings. For each of the following risks or loss exposures, identify an appropriate risk management technique that could have been used to deal with the exposure. Explain your answer. (3 questions)

1. Liability lawsuit against James arising out of negligent operation of his car

2. Waterbed leak that causes property damage to the apartment

3. Physical assault on James by gang members who are dealing drugs in the park where he runs

At year-end December 31, Chan Company estimates its bad debts as 0.20% of its annual credit sales of $603,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $302 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off.

Prepare Chan's journal entries to record the transactions of December 31, February 1, and June 5.

• Record the estimated bad debts expense.

Note: Enter debits before credits.

• Wrote off P. Park's account as uncollectible.

Note: Enter debits before credits.

• Reinstated Park's previously written off account.

Note: Enter debits before credits.

• Record the cash received on account.

Note: Enter debits before credits.

In 1997, Scottish researchers captured newspaper headlines when they announced the birth of Dolly, a lamb cloned from an adult sheep by nuclear transplantation. These researchers cultured mammary (nuclear-donor) cells in a nutrient-poor medium and then fused these cells with enucleated sheep eggs. The resulting diploid cells divided to form early embryos, which were implanted into surrogate mothers. Out of several hundred implanted embryos, one successfully completed normal development, and Dolly was born. Later analyses showed that Dolly’s chromosomal DNA was identical to that of the nucleus donor. Numerous other animals have been cloned thus far. In fact, the science fiction plot of Jurassic Park, revolves around a theme park showcasing cloned dinosaurs. These dinosaurs were cloned from DNA found in mosquitoes that had sucked dinosaur blood and had been trapped and preserved in amber.

In this discussion, explain (in 250-300 words) why you think it is possible to recreate dinosaurs by this technique. (PLEASE TYPE & INCLUDE 1 - 2 SOURCES, NO DIAGRAMS)