In: Economics
The U.S.
a.income taxes U.S.corporate income earned abroad as though the income was earned in the U.S., ignoring foreign income tax paid.
b.tries to limit double taxation on U.S. corporate income earned abroad.
c.allows a deduction, not a credit, to U.S. corporations for tax paid to foreign countries.
d.taxes U.S. corporate income earned abroad at rates lower than the host country.
In: Accounting
A survey of US women with Ph.D.'s was conducted. Of the 102 respondents in marriages or long-term partnerships with men, 57% reported that their spouse/partner also held a doctorate degree.
Construct a theoretical 90% confidence interval. The interval is:
Select one:
a. (49.0%, 64.7%)
b. (48.9%, 65.1%)
c. (47.1%, 66.7%)
d. (47.4%, 66.6%)
e. (44.4%, 69.6%)
Based on the interval in the previous question, what group(s) can we make a conclusion about?
Select one:
a. All US women
b. All US women with Ph.D.'s
c. All US women with Ph.D.'s who are married
d. All US women with Ph.D.'s who are married or in long-term partnerships
e. All of the above
f. None of the above
The sociologists reporting on this study stated that: "There is strong evidence (p<0.001) that women in opposite-sex partnerships are more likely than women in same-sex partnerships to have a partner with the equivalent level of education." What type of error might the sociologists have committed?
Select one:
a. Type I
b. Type II
c. Neither error is possible
d. Both errors are possible
In: Statistics and Probability
TodoTec, a US-based financial technologies (fintech) company is considering signing a three-year consulting contract with PagoLoco, a new company developing an epayments system in Jefalonia. This is a small South American country, historically controlled by a group of prominent families. However, the majority of the population is in the lower economic class.
The contract, payable in U.S. Dollars, calls for TodoTec to provide consulting services and license their technology for the development of the new national epayments system. The government of Jefalonia agreed to issue bonds denominated in US Dollars to build a new data management center to house the project. The local currency, the Piscocrudo, has been stable against the US Dollar for the last two years.
However, politics in Jefalonia are currently unsettled. The leading candidate for the July 2018 presidential election is Amlotonia Notrumpla from the Populist Party. If elected, she has promised to make “big changes” to government programs and economic policy. Prepare a memo for TodoTec management to discuss risk factors from a new populist government. What steps might TodoTec take to reduce potential risks?
In: Operations Management
Workers’ compensation represents a compromise between the needs of employees and the needs of employers.
| True | |
| False |
Question 2 (2 points)
Contributory negligence means that an employee knew that the job involved risk; he or she could not expect to be compensated when the risks resulted in accidents and injuries.
| True | |
| False |
Question 3 (2 points)
There are three types of workers’ compensation insurance: state funds, private insurance, and self-insurance.
| True | |
| False |
Question 4 (2 points)
Temporary disability:
|
Is the state that exists when it is probable that an injured worker, who is currently unable to work, will be able to resume gainful employment with no or partial disability |
|
|
Exists when an injured employee's disability is such that he or she cannot compete in the job market |
|
|
Exists when an injury is minor |
|
|
None of these |
Question 5 (2 points)
Which of the following is the whole-person theory of handling permanent partial disability cases?
|
Requires a determination of how much the employee could have earned had the injury not occurred. |
|
|
Applied like a subtraction problem. What the worker can do after recuperating from the injury is determined and subtracted from what he or she could do before the accident. |
|
|
Based not just on what the employee earned at the time of the accident, but also on what he or she might have earned in the future. |
|
|
None of the above |
In: Civil Engineering
You would like to study the height of students at your university. Suppose the average for all university students is 68 inches with a SD of 20 inches, and that you take a sample of 17 students from your university.
a) What is the probability that the sample has a mean of 64 or more inches? probability = .204793 (is this answer correct or no? and I need help with part b too.)
b) What is the probability that the sample has a mean between 63 and 68 inches?
In: Math
Part 1
Lynbrook, Inc. has decided to begin processing monthly payroll transactions “in house”, rather than using a Payroll Service Company, like ADP. On January 25, 2019, the end of the first monthly pay period of the year, Lynbrook’s payroll register showed that employees earned $22,000 of office salaries and $60,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $12,860 of federal income taxes, $1,340 of medical insurance deductions, and $840 of union dues. No employee earned more than $7,000 in January.
Required:
Prepare the journal entry related to the gross pay earned by employees on January 25. (Round amounts to cents.)
Prepare the journal entry related to the payroll taxes from the January 25 payroll. Lynbrook’s state unemployment tax rate is 4% of the first $7,000 earned by each employee. The federal unemployment tax rate is 0.6%, also on the first $7,000 earned by each employee. (round amounts to nearest penny)
Part 2
On October 19, 2018, Lynbrook, Inc. borrowed $200,000 cash by signing a 120-day 6% note payable with JP Morgan Chase Bank.
Required:
1. Prepare the entry on October 19, 2018 when the cash was
borrowed.
2. Prepare the journal entry to record the accrued interest at
December 31, 2018 (AJEs
made only at year-end).
3. Prepare the journal entry to record payment of the note at
maturity.
In: Accounting
Debt ratio, Ratio of Liabilities to Stockholders' Equity, and Times Interest Earned
Camper Company and McSead, Inc., are the two largest toy companies. Condensed liabilities and stockholders' equity from a recent balance sheet are shown for each company as follows:
| Camper | McSead | ||||
| Current liabilities | $1,477,000 | $3,246,000 | |||
| Long-term debt | 795,800 | 1,906,000 | |||
| Total liabilities | $2,272,800 | $5,152,000 | |||
| Total stockholders' equity | 3,788,000 | 6,440,000 | |||
| Total liabilities and stockholders' equity | $6,060,800 | $11,592,000 | |||
The income from operations and interest expense from the income statement for both companies were as follows:
| Camper | McSead | |||
| Income from operations before tax | $513,345.6 | $1,485,210 | ||
| Interest expense | 43,200 | 159,700 | ||
a. Determine the debt ratio for both companies. Round to one decimal place.
| Camper | % |
| McSead | % |
b. Determine the ratio of liabilities to stockholders' equity for both companies. Enter your answers as decimal values rounded to one decimal place.
| Camper | |
| McSead |
c. Determine the number of times interest charges are earned for both companies. Round to one decimal place.
| Camper | |
| McSead |
d. What conclusions can be drawn from these
data as to the ability of these two companies to meet their
interest obligations?
In: Accounting
College students are accumulating increasing amounts of debt
while they pursue their degrees. This debt has a significant
economic affect as the new graduates strive to begin their life
after graduation. Nationally, the mean debt of recent graduates
from all public 4-year institutions was
$27995.
How does the loan debt of recent graduates of North Carolina's
public colleges and universities compare to student loan debt
nationally? To answer this question, use the data in this Excel
file Student Debt Recent UNC System Grads that shows the student
debt of recent graduates from 12 UNC System schools to perform the
hypothesis test:
H0: μ =
27995, Ha: μ
< 27995
where μ is the mean student loan debt of all recent
graduates from UNC System schools.
| Name | Institution Sector | Average debt of graduates |
| Appalachian State University | Public, 4-year or above | $22,855 |
| East Carolina University | Public, 4-year or above | $28,918 |
| North Carolina A & T State University | Public, 4-year or above | $34,379 |
| North Carolina State University | Public, 4-year or above | $24,053 |
| University of North Carolina School of the Arts | Public, 4-year or above | $28,551 |
| University of North Carolina Wilmington | Public, 4-year or above | $24,605 |
| University of North Carolina at Asheville | Public, 4-year or above | $23,824 |
| University of North Carolina at Chapel Hill | Public, 4-year or above | $22,214 |
| University of North Carolina at Charlotte | Public, 4-year or above | $27,453 |
| University of North Carolina at Greensboro | Public, 4-year or above | $26,841 |
| University of North Carolina at Pembroke | Public, 4-year or above | $25,831 |
| Western Carolina University | Public, 4-year or above | $15,669 |
Question 1: What is the value of the test statistic t for this hypothesis test? (round x and s to the nearest whole number).
Question 2: What is the P-value for this hypothesis test? (use 4 decimal places in your answer)
Question 3: What is the correct conclusion for this hypothesis test?
a) The null hypothesis H0: μ = 27995 is false with probability equal to the P-value, so reject H0.
b) The null hypothesis H0: μ = 27995 is true with probability equal to the P-value, so reject H0.
c) Reject the null hypothesis H0: μ = 27995; the probability we have made a mistake is equal to the P-value.
d) Do not reject the null hypothesis H0: μ = 27995 and conclude that the mean loan debt of recent UNC System graduates does not differ significantly from the national average.
e) Reject the null hypothesis H0: μ = 27995 and conclude that the mean student loan debt of recent UNC System graduates is less than the national average.
In: Statistics and Probability