Magical Elves Theater
Magical Elves Theater is located in the Brooklyn Mall. A cashier’s booth is located near the entrance to the theater. Three cashiers are employed. One works from 1–5 p.m., another from 5–9 p.m. The shifts are rotated among the three cashiers. The cashiers receive cash from customers and operate a machine that ejects serially numbered tickets. The rolls of tickets are inserted and locked into the machine by the theater manager at the beginning of each cashier’s shift.
After purchasing a ticket, the customer takes the ticket to an usher stationed at the entrance of the theater lobby some 60 feet from the cashier’s booth. The usher tears the ticket in half, admits the customer, and returns the ticket stub to the customer. The other half of the ticket is dropped into a locked box by the usher.
At the end of each cashier’s shift, the theater manager removes the ticket rolls from the machine and makes a cash count. The cash count sheet is initialed by the cashier. At the end of the day, the manager deposits the receipts in total in a bank night deposit vault located in the mall. The manager also sends copies of the deposit slip and the initialed cash count sheets to the theater company treasurer for verification and to the company’s accounting department. Receipts from the first shift are stored in a safe located in the manager’s office.
Required:
Hasagama Middle School
Hasagama Middle School wants to raise money for a new sound system for its auditorium. The primary fund-raising event is a dance at which the famous disc jockey D.J. Rivet will play classic and not-so-classic dance tunes. Will Schuester, the music and theater instructor, has been given the responsibility for coordinating the fund-raising efforts. This is Will’s first experience with fund-raising. He decides to put the eighth-grade choir in charge of the event; he will be a relatively passive observer.
Will had 500 unnumbered tickets printed for the dance. He left the tickets in a box on his desk and told the choir students to take as many tickets as they thought they could sell for $5 each. In order to ensure that no extra tickets would be floating around, he told them to dispose of any unsold tickets. When the students received payment for the tickets, they were to bring the cash back to Will and he would put it in a locked box in his desk drawer. Some of the students were responsible for decorating the gymnasium for the dance. Will gave each of them a key to the money box and told them that if they took money out to purchase materials, they should put a note in the box saying how much they took and what it was used for. After 2 weeks the money box appeared to be getting full, so Will asked Luke Gilmor to count the money, prepare a deposit slip, and deposit the money in a bank account Will had opened.
The day of the dance, Will wrote a check from the account to pay the DJ. D.J. Rivet, however, said that he accepted only cash and did not give receipts. So Will took $200 out of the cash box and gave it to D.J. At the dance Will had Mel Harris working at the entrance to the gymnasium, collecting tickets from students, and selling tickets to those who had not prepurchased them. Will estimated that 400 students attended the dance.
The following day Will closed out the bank account, which had $250 in it, and gave that amount plus the $180 in the cash box to Principal Foran. Principal Foran seemed surprised that, after generating roughly $2,000 in sales, the dance netted only $430 in cash. Will did not know how to respond.
Required: Identify as many cash control weaknesses/ improper handling of cash as you can in this scenario, and suggest how each can be addressed.
In: Accounting
Gathering and graphing data
Go to the Federal Reserve Bank of St. Louis FRED database and obtain annual data from
1970 to 2016 on “Constant GDP per Capita” for each of the G7 countries (Canada,
France, Germany, Italy, Japan, the United Kingdom, and the United States).
a. Move each country’s data on the same Excel spreadsheet and plot the series.
Which country had the highest GDP per capita in 1970? Which country had
the highest GDP per capita in 2016?
In: Economics
In: Economics
According to the British United Provident Association, a major health care provider in the U.K., snoring can be an indication of sleep apnea which can cause chronic illness if left untreated. In the United States, the National Sleep foundation reports that 36.8% of the 995 adults they surveyed snored. Of the respondents, 81.5% were over the age of 30, and 32% were both over the age of 30 and snorers.
A. What is the probability of snoring?
B. What percent of the respondent were 30 or younger and did not snore?
In: Math
In some countries, like the United Arab Emirates, religion plays a strong role in laws governing how people live their daily lives. For example, during the celebration of Ramadan, it is illegal to eat, drink or smoke in public during daylight hours (even in your car!). In the United States, the Establishment Clause of the Constitution is supposed to prevent religion from playing this sort of political role (although it doesn’t always). What reasons might there be for favoring the Establishment Clause? What reasons might there be for opposing it?
In: Operations Management
Select from among the following statements that are true.
A. The Uniform Probate Code (UPC) is a uniform act prepared by the National Conference of Commissioners on Uniform State Laws. The UPC governs inheritance and decedents' estates in the United States and is designed to streamline the probate process. B. Like the Uniform Commercial Code, the UPC has been adopted in all 50 states. C. State law governs the creation and implementation of wills. Federal law governs the creation and implementation of trusts. D. State law governs the creation and implementation of wills and trusts. E.Both the federal government and many states levy estate taxes. F. The U.S. Constitution prohibits states from levying estate taxes.
In: Finance
In: Operations Management
1-Describe how rock musicals changed the trajectory of musical theater and give an example of two early rock musicals.?
In: Psychology
Post the definition of an adhesion contract and an example of how dry cleaners or movie theater might have an adhesion contract with the customers.
In: Operations Management
The Food and Drug Administration advises people against eating fish with mercury concentrations exceeding 1 part per million (ppm). Researchers wonder if the average mercury content of large-mouth bass in a certain state exceeds the limits and, thus, make such fish inedible.
They randomly sample large-mouth bass from randomly selected lakes in this state and record the amount of mercury in each fish. A p-value of 0.005 was obtained from a hypothesis test. Which of the following is a correct conclusion based on this p-value?
| There is not enough evidence to indicate the average mercury content of largemouth bass in this certain state exceeds 1 part per million. |
| There is some evidence to indicate the average mercury content of largemouth bass in this certain state exceeds 1 part per million. |
| There is not enough evidence to indicate the average mercury content of largemouth bass in this certain state is 1 part per million. |
| There is strong evidence to indicate the average mercury content of largemouth bass in this certain state is 1 part per million. |
| There is strong evidence to indicate the average mercury content of largemouth bass in this certain state exceeds 1 part per million. |
Sulfur dioxide affects human health when it is breathed in by irritating the nose, throat, and airways to cause coughing, wheezing, shortness of breath, or a tight feeling around the chest. The effects of sulfur dioxide are felt very quickly and most people would feel the worst symptoms in 10 or 15 minutes after breathing it in. Those most at risk of developing problems if they are exposed to sulfur dioxide are people with asthma or similar conditions (Australian Government, Sulfur dioxide (SO2) (Links to an external site.)Links to an external site.).
The United States Environmental Protection Agency has set a standard that sulfur dioxide (SO2) should not exceed 75 parts per billion (PPB) over a one-hour period. Fortunately, the United States has done a good job at reducing sulfur dioxide in the atmosphere.
To determine if the average SO2 of cities in the United States is less than 75 ppb, a random sample of 41 cities in the United States was taken. The average SO2 levels of the 41 cities was = 30.5 ppb.
(Note: the data used in this example is a bit old. SO2 levels have actually decreased more since these data were collected!)
What is the variable of interest?
| whether or not a city has SO2 levels below 75 ppb |
| SO2 level |
| whether or not SO2 levels have decreased over time |
| cities in the United States |
| the number of cities in the sample |
In: Statistics and Probability