Average personal income in Hawaii increased approximately linearly from $41.7 thousand in 2010 to $50.6 thousand in 2016. Average personal income in Colorado increased approximately linearly from $39.9 thousand in 2010 to $52.1 thousand in 2016 (Source: U.S. Bureau of Economic Analysis).
Let H(t) be the average personal income in Hawaii and C(t) be the average personal income in Colorado, both in thousands of dollars, in the year that is t years since 2010. Find equations of H and C.
Use substitution or elimination to estimate when average personal income in Hawaii was equal to average personal income in Colorado. What is that average personal income?
Use a graphing calculator table or graph to verify the result you found in part (b).
Find the average of H(11) and C(11). Assuming the population of Colorado will continue to be larger than the population of Hawaii, will your result likely be an underestimate or an overestimate of the 2021 average personal income of residents of Hawaii and Colorado put together? Explain.
In: Advanced Math
In its 2010 annual report, Caterpillar Inc. reported the following (in millions):
| 2010 | 2009 |
Sales | $39,867 | $29,540 |
Cost of goods sold | 30,367 | 23,886 |
As a percentage of Sales, did Caterpillar’s Gross profit increase or decrease during 2011?
A) Gross profit increased from 19% to 24%
B) Gross profit decreased from 24% to 19%
C) Gross profit increased from 76% to 81%
D) Gross profit decreased from 81% to 76%
E) There is not enough information to answer the question.
The Goodyear Tire & Rubber Company’s December 31, 2011, financial statements reported the following (in millions).
Cash December 31, 2011 | $ 2,772 |
Cash from operating activities | 773 |
Cash from investing activities | (902) |
Cash from financing activities | 896 |
What did Goodyear report for Cash on its December 31, 2010 balance sheet?
A) $2,772 million
B) $3,539 million
C) $767 million
D) $2,005 million
E) None of the above
In: Accounting
In early January 2010, you purchased $12,000 worth of some high-grade corporate bonds. The bonds carried a coupon of 7 6/8% and mature in 2024. You paid 94.643 when you bought the bonds. Over the five years from 2012 through 2014, the bonds were priced in the market as follows: Coupon payments were made on schedule throughout the 5-year period.
a. Find the annual holding returns for 2010 through 2014. (HPR formula)
b. Use the average return information in the given table to evaluate the investment performance of this bond. How do you think it stacks up against the market? Explain.
|
Quoted Prices (% of $1,000 par value) |
||||
|
Year |
Beginning of the Year |
End of the Year |
Average Holding Period Return on High-Grade Corporate Bonds |
|
|
2010 |
94.643 |
103.8744 |
7.30% |
|
|
2011 |
103.874 |
105.093 |
11.72% |
|
|
2012 |
105.093 |
107.748 |
−6.89% |
|
|
2013 |
107.748 |
114.996 |
7.90% |
|
|
2014 |
114.996 |
128.676 |
9.11% |
|
In: Finance
Imagine you have been contracted to consult on the recent
developments at the Featherfall Medical Center. Featherfall has
been struggling of late; it has had a series of problems that have
prompted your hiring. It has faced the following issues:
1. Featherfall has recently violated several government regulations
regarding the current state of its technology and how it is being
used. The technology system is vastly out of date, and staff are
not always using the technology that is in place or they are using
the technology inappropriately. These problems have lost the
institution lots of money for not meeting government regulations
and have caused operational and ethical problems from inefficient
and ineffective use of technology.
2. The staff at Featherfall are not well-trained on the use of
technology and do not communicate appropriately about technology
use. The roles that pertinent to your consult are the health
information management team, the clinical staff (doctors, nurses,
etc.), and administrative staff. The health information management
team uses proper coding practices, and the current technology
system serves them well, despite its age. However, other roles in
the hospital have had issues with the system. Clinical staff, for
instance, have had record-keeping issues both due to lack of
training on the system and the system itself being out of date.
Administrative staff within the organization have taken issue with
the lack of communication about the technology and its use between
the various roles. When the current technology system was chosen
many years ago, the needs of these various roles were not
considered.
Preparation for Consult: In this section of your final project, you will prepare for your consultation on the organization’s technology choice. To prepare, you will analyze the field of health information management for determining standard technologies and guidelines related to technology use in order to inform your technology selection.
A. Analyze key historical events in the field of health informatics for how technology has been used that could inform the management of health information. Be sure to support your response with appropriate examples.
B. Determine guidelines for technology use in the field of health information management that Featherfall could implement. Be sure to support your response with research.
C. Determine the standard technologies currently used in the field of health information management. Be sure to support your response with research. For example, what record-keeping technologies are typically used in the field?
D. Develop an overview of how the pertinent roles described at Featherfall would interact with technology.
E. Describe the process you would use to evaluate new health information technology systems. Be sure that your process will evaluate new systems based on how they meet the needs of the organization and how they are compliant with health regulations and laws.
I am having trouble finding the answers and also with finding reliable sources for the answers for the citations.
In: Operations Management
Write an assessment of the logistical, financial, and any other considerations of implementing eMobile/eHealth information technology in your organization. If mobile technology is in use in your organization, give a brief description of the technology in use, and assess the impact this has had on operations.
In: Operations Management
Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. The predetermined overhead rate was based on a cost formula that estimates $735,000 of total manufacturing overhead for an estimated activity level of 49,000 machine-hours.
During the year, a large quantity of furniture on the market resulted in cutting back production and a buildup of furniture in the company’s warehouse. The company’s cost records revealed the following actual cost and operating data for the year:
|
Machine-hours |
40,000 |
|
|
Manufacturing overhead cost |
$ |
693,000 |
|
Inventories at year-end: |
||
|
Raw materials |
$ |
20,000 |
|
Work in process (includes overhead applied of $60,000) |
$ |
185,000 |
|
Finished goods (includes overhead applied of $102,000) |
$ |
314,500 |
|
Cost of goods sold (includes overhead applied of $438,000) |
$ |
1,350,500 |
Required:
1. Compute the underapplied or overapplied overhead.
2. Assume that the company closes any underapplied or overapplied overhead to Cost of Goods Sold. Prepare the appropriate journal entry.
3. Assume that the company allocates any underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. Prepare the appropriate journal entry.
4. How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process, Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold?
Compute the underapplied or overapplied overhead.
|
|
|||
Assume that the company closes any underapplied or overapplied overhead to Cost of Goods Sold. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Note: Enter debits before credits.
|
Assume that the company allocates any underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Note: Enter debits before credits.
|
How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process, Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold?
|
|||||||||||
In: Accounting
Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. The predetermined overhead rate was based on a cost formula that estimates $1,615,000 of total manufacturing overhead for an estimated activity level of 85,000 machine-hours.
During the year, a large quantity of furniture on the market resulted in cutting back production and a buildup of furniture in the company’s warehouse. The company’s cost records revealed the following actual cost and operating data for the year:
| Machine-hours | 77,000 | |
| Manufacturing overhead cost | $ | 1,574,000 |
| Inventories at year-end: | ||
| Raw materials | $ | 14,000 |
| Work in process (includes overhead applied of $73,150) | $ | 94,000 |
| Finished goods (includes overhead applied of $277,970) | $ | 357,200 |
| Cost of goods sold (includes overhead applied of $1,111,880) | $ | 1,428,800 |
Required:
1. Compute the underapplied or overapplied overhead.
2. Assume that the company closes any underapplied or overapplied overhead to Cost of Goods Sold. Prepare the appropriate journal entry.
3. Assume that the company allocates any underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. Prepare the appropriate journal entry.
4. How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process, Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold?
Assume that the company allocates any underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Assume that the company closes any underapplied or overapplied overhead to Cost of Goods Sold. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Compute the underapplied or overapplied overhead.
|
| No | Event | General Journal | Debit | Credit |
|---|---|---|---|---|
| 1 | 1 | Cost of goods sold | 111,000 | |
| Manufacturing overhead | 111,000 |
| No | Event | General Journal | Debit | Credit |
|---|---|---|---|---|
| 1 | 1 | Work in process | ? | |
| Finished goods | ? | |||
| Cost of goods sold | ? |
How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process, Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold?
|
|||||||||||
In: Accounting
In: Economics
Answer the following 5 questions in 250 words or more. Be detailed and give examples when possible.
-Explain Oracle's top ten recommendations to encourage and accelerate innovation. Do you agree or disagree with any of their recommendations, Why?
-What is the Poverty Trap? What are the major issues the government faces when dealing with problem?
In: Operations Management
(b) State three advantages of digital technology
compared with analog
technology?
In: Electrical Engineering