Answer each question completely. Copy and Paste the SPSS output into the word document for the calculations portion of the problems, highlighting correct answers. (Please remember to answer the questions you must interpret the SPSS output).
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Participant |
Hours of Exercise |
Life Satisfaction |
|
1 |
3 |
1 |
|
2 |
14 |
2 |
|
3 |
14 |
4 |
|
4 |
14 |
4 |
|
5 |
3 |
10 |
|
6 |
5 |
5 |
|
7 |
10 |
3 |
|
8 |
11 |
4 |
|
9 |
8 |
8 |
|
10 |
7 |
4 |
|
11 |
6 |
9 |
|
12 |
11 |
5 |
|
13 |
6 |
4 |
|
14 |
11 |
10 |
|
15 |
8 |
4 |
|
16 |
15 |
7 |
|
17 |
8 |
4 |
|
18 |
8 |
5 |
|
19 |
10 |
4 |
|
20 |
5 |
4 |
In: Statistics and Probability
I dont underestand the part that i bolded in the word file . ( from where that 6/12 came ? )
Thank you ,
Pr. 21-118—Lessee accounting—capital lease.
Eubank Company, as lessee, enters into a lease agreement on July 1, 2018, for equipment. The following data are relevant to the lease agreement:
1. The term of the noncancelable lease is 4 years, with no renewal option. Payments of $978,446 are due on July 1 of each year.
2. The fair value of the equipment on July 1, 2018 is $3,500,000. The equipment has an economic life of 6 years with no salvage value.
3. Eubank depreciates similar machinery it owns on the sum-of-the-years’-digits basis.
4. The lessee pays all executory costs.
5. Eubank’s incremental borrowing rate is 10% per year. The lessee is aware that the lessor used an implicit rate of 8% in computing the lease payments (present value factor for 4 periods at 8%, 3.57710; at 10%, 3.48685).
Instructions
(a) Indicate the type of lease Eubank Company has entered into and what accounting treatment is applicable.
(b) Prepare the journal entries on Eubank’s books that relate to the lease agreement for the following dates: (Round all amounts to the nearest dollar. Include a partial amortization schedule.)
1. July 1, 2018.
2. December 31, 2018.
3. July 1, 2019.
4. December 31, 2019.
Ans: NA, LO: 2, Bloom: AP, Difficulty: Difficult, Min: 20-25, AACSB: Reflective, AICPA BB: None, AICPA FN: Measurement, AICPA PC: Problem Solving, IMA: Reporting, IFRS: None
Solution 21-118
(a) Capitalized amount:
$978,446 × PV of an ordinary annuity for 4 periods at 8%
$978,446 × 3.57710 = $3,500,000
Because the present value of the lease payments ($3,500,000) equals the fair value, $3,500,000, of the leased property, it is a capital lease and must be accounted for under the capital lease method.
(b) 1. July 1, 2018
Leased Equipment.................................................................... 3,500,000
Lease Liability............................................................... 2,521,554
Cash............................................................................. 978,446
2. December 31, 2018
Depreciation Expense.............................................................. 700,000
Accumulated Depreciation—Capital Leases
[($3,500,000 × 4/10) × 6/12]..................................... 700,000
Interest Expense ($201,724 × 6/12)......................................... 100,862
Interest Payable............................................................ 100,862
In: Accounting
In Context of Australia, Write a 3,000 word paper explaining the key sources of information and data required to calculate taxable income when preparing tax documentation for individuals and outline the key accounting principles and practices relevant to the preparation of taxation documentation. You will need to conduct the appropriate research to write the paper.
In the paper consider and describe:
In: Statistics and Probability
write minutes of a meeting using Microsoft Word Name of the organization Date and time the meeting Those present and those who could not attend A list of the agenda items/topics Summary of discussion for each agenda item The actions people committed to Summary of any decisions made
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End user programs are designed for specific functions
such as word processing or a
game. You have installed a new piece of applications software onto
a stand-alone PC.
You then find that the printer attached to the PC fails to produce
what can be seen on
screen in that package. Explain clearly why this might happen.
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Write a 2,500 word paper explaining the role of the BAS agent—what
a tax or BAS agent must do with regard to preparation and lodgement
of BAS and IAS forms. Explain what GST is, how the BAS applies and
why it is used. In the paper answer these questions: What
legislation needs to be complied with and what procedures need to
be followed to comply with legislation, regulations and the Code of
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or sources will you use to review, interpret and apply legislation
related to taxes reported on activity statements? What
reconciliation procedures will you follow? How will you identify
lodgement schedule requirements and ensure sufficient funds are
available? How will you process accounting data to comply with tax
reporting requirements? What payroll activities will be reported on
and what reconciliation activities will be involved? What forms
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In this assignment, you will be writing a 1,000-1,250 word paper describing the differing approaches of nursing leaders and managers to issues in practice. To complete this assignment, do the following:
Use at least three peer-reviewed journal articles other than those presented in your text or provided in the course.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
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Suppose that a “word” is any string of six letters. Repeated letters are allowed. For our purposes, vowels are the letters a, e, i, o, and u. a) How many words are there? b) How many words begin with a vowel? c) How many words begin with a vowel and end with a vowel? d) How many words have no vowels? e) How many words have exactly one vowel?
A professor teaching a Discrete Math course gives a multiple
choice quiz that has six
questions, each with four possible responses: a, b, c, d. What is
the minimum number of students that
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(Assume that no answers are left blank.)
In: Advanced Math