Questions
Create a list of six variables related to this decision – three must be categorical in...

Create a list of six variables related to this decision – three must be categorical in nature, and three must be numeric. Indicate how these variables are measured. For example, are they yes/no questions, Likert-scale questions, numeric values (what units?), etc.

The decision is: making the ordering process quicker for customers at a fast food establishment.

In: Statistics and Probability

Although there are many marketing activities that impact the success or failure of strategy-implementation efforts, three...

Although there are many marketing activities that impact the success or failure of strategy-implementation efforts, three activities are indicated in the text as being especially important.

What are these three activities----- (engage customers in social media, segment markets effectively, and develop and use product-positioning/perceptual maps)?

Discuss why they are so important.

In: Operations Management

2018 2017 Sales revenue 9,245,000 Interest revenue 850,000 Royalties revenue 1,450,000 Dividend revenue 150,000 Depreciation-building 147,500...

2018

2017

Sales revenue

9,245,000

Interest revenue

850,000

Royalties revenue

1,450,000

Dividend revenue

150,000

Depreciation-building

147,500

Depreciation-plant

262,500

Depreciation-equipment

75,000

Research and development expenditure

1,650,000

Cost of goods sold

4,005,000

Warranty expense

195,000

Wages and salaries expense

3,475,000

Long service leave expense

235,000

Interest expense

305,000

Rates and taxes on property

145,500

Doubtful debts expense

142,500

Accounts receivable

675,000

375,000

Estimated uncollectible debts

182,000

95,000

Interest receivable

300,000

275,000

Royalties receivable

920,000

745,000

Land (at cost)

2,500,000

2,500,000

Buildings

3,200,000

3,200,000

Accumulated depreciation-buildings

442,500

295,000

Plant

2,100,000

2,100,000

Accumulated depreciation-Plant

787,500

525,000

Equipment

750,000

750,000

Accumulated depreciation-equipment

225,000

150,000

Wages and salaries payable

345,000

265,000

Provision for long service leave

355,000

245,000

Provision for warranty claims

130,000

115,000

Interest payable

100,000

100,000

Additional Information
1. All depreciable assets were acquired on 1 July 2015. For financial reporting purposes, depreciation is recognised on a straight line basis, over 20 years for buildings (estimated residual value $250,000), eight years for plant and 10 years for equipment. For tax purposes, straight line depreciation is applied over 40, 10 and eight years respectively.
2. After reviewing all relevant information, the directors determined that, at 30 June 2018, the plant was impaired by $250,000 (this is not reflected in the amounts presented in the trial balance).
3. On 30 June 2018, after careful consideration, the directors of Bula Island Ltd decided to adopt the fair value model for land; the fair value of land on 1 July 2017 was $3,500,000 and on 30 June 2018 was $3,250,000.
4. The research and development expenditure qualifies for the additional 25% taxation deduction.
5. The tax rate at 30 June 2017 was 30%. On 15 June 2018, legislation was enacted decreasing the tax rate to 25% effective 1 July 2018.
Required:
1. Calculate the amount of current tax expense. Use an appropriately labelled table for this task.
2. Prepare a deferred tax worksheet to calculate the amounts for deferred tax assets and deferred tax liabilities for the reporting period 30 June 2018. Use an appropriately labelled table for this task.
3. Prepare journal entries for the income tax expense related items for the reporting period 30 June 2018

In: Accounting

(21) Which of the following is an example of a competitive relationship between organisms? (A) symbiosis...

(21) Which of the following is an example of a competitive relationship between organisms?

(A) symbiosis                                                (B) mutualism    

(C) predator- prey                                          (D) all of the above

(22) Which of the following is the major greenhouse gas?

(A) methane                                                   (B) chloroflorohydrocarbons    

(C) carbon monoxide                                     (D) carbon dioxide

(23) Which of the following chemicals contribute to acid rain deposition?

(A) sulfur trioxide (SO3)                               (B) carbon dioxide (CO2)   

(C) nitrogen dioxide (NO2)                           (D) all of the above

Fundamentals of Mendelian (Simple) Genetics.

(24) An organism’s phenotype refers to its

(A) genetic composition                                                       

(B) physical traits   

(C) both genetic composition and its physical traits

(D) neither its genetic composition or its physical traits

(25) In Mendelian genetics, ____ allele(s) determine the production of a particular physical trait (or characteristic).

(A) one                                                           (B) two   

(C) three                                                         (D) four

(26) In Mendelian genetics, how many unique genotypes exist in the population?

(A) one                                                           (B) two   

(C) three                                                         (D) four

(27) With respect to a pair of homologous chromosomes (for example: #5, #5) of an individual,

(A) both chromosomes are inherited from the maternal parent

(B) both chromosomes are inherited from the paternal parent   

(C) one chromosome is inherited from each of the parents

(D) this information is not known

(28) The rules and regulations for “complete dominance” indicate that ___ copies of the recessive allele are needed to produce the recessive phenotype.

(A) one                                                           (B) two   

(C) three                                                         (D) four

(29) Assume the inheritance of fur color in mice is governed by the rules of “co-dominance” (note: you are given that the two chromosomal alleles are “brown” and “white”). A mouse exhibiting the co-dominant phenotype would have which color fur?

(30) The textbook discusses human blood typing (ABO) from both phenotypic and genotypic perspectives. If a particular red blood cell exhibits both the cell surface antigens designated glycoproteins A and B, we designated the blood type AB. This type of genetics is an example of multiple alleles and which of the following types of dominance?

(A) complete dominance                                (B) co-dominance    

(C) partial dominance                                    (D) non-dominance

(31) A human couple share the same blood type (= AB). The mother has given birth to eighteen children over three years (sextuplets three times in a row! -- Jerry Springer or Maury Povich or Steve Wilkos here they come!!). None of these children can have blood type…

(A) A                                                              (B) B    

(C) AB                                                           (D) O

Chromosome Structure and Function.

(32) During human reproduction, sperm and egg combine during fertilization to form the __________.

(A) heterozygote                                            (B) homozygote  

(C) zygote                                                      (D) none of the above

(33) Chromosomes which are not the sex chromosomes are called

(A) somatomes                                              (B) somatomers    

(C) automers                                                  (D) autosomes

(34) Karotype analysis is an especially simple and useful technique because it can indicate very dramatically any

(A) variation in an individual’s chromosome number from the normal number

(B) structural abnormalities in specific chromosomes   

(C) both choices A and B

(D) neither choices A or B

In: Biology

Office equipment was purchased on January 2, 2006 for $170,000, with an estimated life of 8...

Office equipment was purchased on January 2, 2006 for $170,000, with an estimated life of 8 years and a residual value of $10,000. It is sold on June 30, 2012 for $60,000 cash. (Assume all appropriate entries for depreciation had been made for the first six years of use - 2006 through 2011, but not for the half year in 2012.) Journalize the following entries:

(a) Journalize the depreciation for the one-half year prior to the sale, using the straight-line method.           

(b) Journalize the sale of the equipment.

Format: Use the Chart of Accounts to enter correct account name. Enter debits and credits as whole numbers WITH COMMAS, but NO DECIMALS OR DOLLAR SIGNS!

Date

Account Name

Debit

Credit

June 30

  

  

In: Accounting

The following table gives the weights, to the nearest kilogram, of randomly-selected male university students. 69...

The following table gives the weights, to the nearest kilogram, of randomly-selected male university students. 69 82 75 66 72 63 74 78 73 79 70 74 68 74 76 72 84 63 69 78 81 60 77 83 73 86 71 68 76 70 68 80 73 67 71 75 78 73 64 73 a. Using class intervals of size 5kg, construct a frequency distribution of the above data. b. Using the grouped data, calculate the following quantities: iv. Quartile number 1 v. Quartile number 3 vi. Variance vii. Standard Deviation (1 mark)

In: Statistics and Probability

Problem LIFO TO FIFO: Most inventories owned by Deere & Company and its United States equipment...

Problem LIFO TO FIFO:

Most inventories owned by Deere & Company and its United States equipment subsidiaries are valued at cost, on the “last-in, first-out” (LIFO) basis. Remaining inventories are generally valued at the lower of cost, on the “first-in, first-out” (FIFO) basis, or market. The value of gross inventories on the LIFO basis represented 58 percent and 60 percent of worldwide gross inventories at FIFO value on October 31, 2007 and 2006, respectively. If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 31 in millions of dollars would have been as follows:

2007   2006

Raw materials and supplies ...........................................               $ 882    $ 712

Work-in-process ...........................................................                   425       372

Finished machines and parts .........................................               2,263 2,013

Total FIFO value ........................................................ 3,570 3,097

Less adjustment to LIFO value .......................................              1,233    1,140

Inventories .................................................................                 $2,337 $1,957

Other Key information from Deere & Company

                                                     2007                2006      

Sales                                        $ 21,489.1        $ 19,884.0

COGS                                         16,252.8           15,362.0

Current Assets                             25,503.0           23,387.0

Current Liabilities                       15,738.1           12,787.5       

What adjustments to the financial statements (balance sheet and income statement) are necessary to convert from LIFO to FIFO for 2007: Assume 31% tax rate.

In: Accounting

Problem 1 LIFO TO FIFO: Most inventories owned by Deere & Company and its United States...

Problem 1 LIFO TO FIFO:

Most inventories owned by Deere & Company and its United States equipment subsidiaries are valued at cost, on the “last-in, first-out” (LIFO) basis. Remaining inventories are generally valued at the lower of cost, on the “first-in, first-out” (FIFO) basis, or market. The value of gross inventories on the LIFO basis represented 58 percent and 60 percent of worldwide gross inventories at FIFO value on October 31, 2007 and 2006, respectively. If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 31 in millions of dollars would have been as follows:

2007   2006

Raw materials and supplies ...........................................                $ 882 $ 712

Work-in-process ...........................................................                      425    372

Finished machines and parts .........................................               2,263 2,013

Total FIFO value ........................................................                       3,570 3,097

Less adjustment to LIFO value .......................................               1,233    1,140

Inventories .................................................................                      $2,337 $1,957

Other Key information from Deere & Company

                                                     2007               2006      

Sales                                       $ 21,489.1       $ 19,884.0

COGS                                        16,252.8          15,362.0

Current Assets                          25,503.0          23,387.0

Current Liabilities                     15,738.1          12,787.5      

What adjustments to the financial statements (balance sheet and income statement) are necessary to convert from LIFO to FIFO for 2007: Assume 31% tax rate.

In: Accounting

Please note that for all problems in this course, the standard cut-off (alpha) for a test...

Please note that for all problems in this course, the standard cut-off (alpha) for a test of significance will be .05, and you always report the exact power unless SPSS output states p=.000 (you’d report p<.001). Also, remember when hand-calculating, always use TWO decimal places so that deductions in grading won’t be due to rounding differences.

Read the scenario and pick the most appropriate nonparametric statistical test (assume several assumptions of parametric tests were violated).

  1. Imagine that marketing researchers working for a food company want to determine whether children would prefer ketchup of a different color. They develop green to compare to their standard red. Both taste the same. They have children taste both ketchups (a correlated-groups design) and rank them on a scale of 1 – 10.

Answer:

  1. A researcher is interested in whether type of music influences how much money is spent in a department store. Repeat customers are asked to turn in their receipts over the last three months to participate in the study. Each month, music varied – one month, classical music was played; another month, jazz was played, and in the third month, country was played. Average money spent per transaction for each month was compared across the three music types for each customer. (Only customers who submitted receipts for all three months were allowed to participate). Data was skewed.

Part 3 – CUMULATIVE can include theoretical, hand-calculations, and use of SPSS over any concepts covered thus far. (3 pts).

Use the following scenario to answer the next three questions:

A researcher wants to examine whether there is a relationship between gender and salary.

  1. Name the two variables and the scale of measurement for each. (2 pts)

Answer:

  1. What statistical test is most appropriate? (1 pt)

Answer:

In: Statistics and Probability

#1 The population of scores on the in-person version of Dr. Hale’s first statistics test forms...

#1 The population of scores on the in-person version of Dr. Hale’s first statistics test forms a normal distribution with μ = 72 and σ = 6. He thinks the online class will do significantly better because they do a TON of extra homework that the other class doesn’t do. He gives a random sample of n = 25 students the test, and this sample got an average of 75. What conclusion should he draw if this was a 2-tailed test with alpha = .05?

Reject Ho. The online students did significantly worse than the traditional students.

Reject Ho. The traditional students did significantly better than the online students.

Reject Ho. The traditional students did significantly worse than the online students.

Reject Ho. The online students did not do significantly better than the traditional students.

#2 The population of scores on the in-person version of Dr. Hale’s first statistics test forms a normal distribution with μ = 72 and σ = 6. He thinks the online class will do significantly better because they do a TON of extra homework that the other class doesn’t do. He gives a random sample of n = 25 students the test, and this sample got an average of 75. What was the null hypothesis for this study?

H0: μonlinestudents ≠ 74   

H0: μonlinestudents = 74

H0: μ μonlinestudents ≠ 72

H0: μonlinestudents = 72

#3 When computing z for a sample mean, which quantity is the denominator?

It depends on the population mean.

The standard error

The population standard deviation

Either the standard error or the population standard deviation would work.

#4 The population of scores on the in-person version of Dr. Hale’s first statistics test forms a normal distribution with μ = 72 and σ = 6. He thinks the online class will do significantly better because they do a TON of extra homework that the other class doesn’t do. He gives a random sample of n = 25 students the test, and this sample got an average of 75. What conclusion should he draw if this was a 2-tailed test with alpha = .01?

Retain Ho. The online students did not do significantly better than the traditional students.

Retain Ho. The performance between the two classes was statistically unequal.

Reject Ho. The online students did not do significantly better than the traditional students.

Reject Ho. The performance between the two classes was statistically equal.

#5 Which of the following is not a step or rule in a hypothesis test?

If the sample data is located in the critical region, we reject the null hypothesis.

State the null hypothesis about a population.

If the sample data is not located in the critical region, we accept the null hypothesis.

Set the alpha level.

#6 The population of scores on the in-person version of Dr. Hale’s first statistics test forms a normal distribution with μ = 72 and σ = 6. He thinks the online class will do significantly better because they do a TON of extra homework that the other class doesn’t do. He gives a random sample of n = 25 students the test, and this sample got an average of 75. What was the alternative hypothesis for this study?

H1: μonlinestudents > 74

H1: μonlinestudents < 72

H1: μonlinestudents < 74

H1: μ μonlinestudents > 72

H1: μonlinestudents ≠ 74   

In: Statistics and Probability