A company began work in 2020 on a contract for $7,800. Other data are as follows:

If the company uses the percentage-of-completion method, for the journal entry that records construction revenue, construction expense, and gross profit for 2020, how much will be recorded for Construction in Process?

A company began work in 2020 on a contract for $7,800. Other data are as follows:

                                                   2020                         2021

Costs incurred to date                 $3,000 $5,600

Estimated costs to complete         2,000       —

Billings to date    4,400                   7,800

Collections to date                       2,000                      4,800

If the company uses the percentage-of-completion method, for the journal entry that records construction revenue, construction expense, and gross profit for 2020, how much will be recorded for Construction in Process?

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?

Imagine CEO Gerd Finger wishes to introduce a new line of music equipment at Newskool Grooves and that several of the other managers do not like his idea.

1. Based on various perspectives and models of leadership, how would you describe the leadership style of the CEO Gerd Finger? Why would you associate him with form of leadership?

2. Why is Path-Goal Theory considered a contingency theory of leadership?

3. Using Path-Goal Theory, provide examples of leadership behaviours enacted by CEO Gerd Finger.

4. Of the contingencies from Path-Goal Theory, which two are most important for deciding how to best lead employees are Newskool Groove? Why?

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, H_a: μ < 27995

where μ is the mean student loan debt of all recent graduates from UNC System schools.

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.

I've did most of the work i just need someone to check if my work is correct

Maryam and Hanadi are planning to open a shop to sell female shoes in Abu Dhabi. The venue of the shop is decided to be a rented premises in Marina Mall. They wish to start their operations from 01 July, 2020.

The following information is available about the company’s operations. i. The company predicts a sale price of AED 350 per unit. Sales in units from July – September, 2020 are as follows: Month Sales (Units) July 250 August 300 September 400

All sales are on credit and are collected in the following ratio: • 45 percent collected in the month of sale, • 30 percent collected in the month after sale. • 25 percent collected in the second month after sale.

Cost of purchases are as follows. Month Cost (AED) July 120,000 August 135,000 September 110,000 All purchases are on credit. 40% percent of a month’s inventory purchases are paid in the month of purchases and 60% in the month after purchases. iii. Operating expenses are budgeted per month as follows. Operating expenses Amount (AED) Insurance 500 Utilities 400 Salaries & wages 7,000 Rent 8,000 Other expenses 5,500 iv. The company plans to borrow AED 55,000 in the month of July with an interest of 1.5% of the borrowed amount per month starting from August. The loan is to be paid in full at the end of September, 2020. v. The Company will have a cash balance of AED 33,000 on 01 July, 2020.

i have to create sales budget, schedule of expected cash collections from sales, Schedule of expected cash disbursements for purchases and expenses, Cash Budget.

i have did them but need an expert of look at them please and thanks

REQUIREMENT-1:

REQUIREMENT-2:

You own a US company with borrowings from Switzerland. Over the next few months, your loan repayment of CHF 50 million is due. Given the foreign exchange market movements, you would like to minimise the impact on your cash outflow. Based on the following data, devise a suitable strategy. Evaluate your chosen strategy against suitable alternatives for a range of expected future spot rates.

Spot rate = 0.9888 CHF/USD

3 month forward rate = 3 month future rate = 0.9796 CHF/USD

Each option contract has a size of 125,000 Swiss Francs.

Suppose that you (i.e., company XYZ) are a US-based importer of goods from Canada. You expect the value of the Canada to increase against the US dollar over the next 6 months. You will be making payment on a shipment of imported goods (CAD100,000) in 6 months and want to hedge your currency exposure. The US risk-free rate is 5% and the Canada risk-free rate is 4% per year. The current spot rate is $1.25/CAD, and the 6-month forward rate is $1.3/CAD. You can also buy a 6-month option on Canadian dollars at the strike price of $1.4 /CAD for a premium of $0.10/CAD.

1) If XYZ enters a forward contract today, the guaranteed dollar cost for this CAD obligation today (not in six months) should be $______

2) In six months, if the spot exchange rate turns to be $1.4/CAD. XYZ will be _______ using forward hedge compared with unhedged position. a) better off b) worse off c) indifferent

3) If XYZ wants to hedge the transaction exposure using money market hedge, XYZ should ______________. a) borrow PV of CAD and buy USD today, and deposit USD in the bank and sit on it. b) buy PV of CAD today using USD, and deposit CAD in the bank and sit on it.

4) If XYZ uses MMH, the guaranteed dollar cost today should be $_____

5) At what 6-month forward rate: $ /CAD will XYZ be indifferent between the forward hedge and MMH? Please leave 4 decimal points for your answer.

6) If XYZ wants to hedge the transaction exposure using option hedge, XYZ should ______. a) buy a put option b) sell a put option c) buy a call option d) sell a call option

7) If XYZ hedges the exposure using an option hedge, total option premium: $____ will be paid today. The option premium will grow to $_____ in six months at the US interest rate. In six months, if the spot price is $1.3 per CAD, the option is (in or out) of the money. So, XYZ will buy 100,000 CAD at the price of $ per CAD, which equals to a total cost of $____ After the option premium, the total (net) dollar costs in six month is $____

8) At what future spot exchange rate do you think XYZ will be indifferent between the option and forward hedge?

9) The range that you will prefer option hedge to forward hedge is ________.

Mimi operates Mimi’s Cupcakes, a single store in College Station. She claims that her cupcakes are from an old family-recipe and that is why her shop is so successful. Cakes ‘R Us is a national chain with 1,000 stores in all 50 states. Cakes “R Us claims that Mimi has stolen its proprietary recipe (she did not). Cakes ‘R Us threatens to file a civil lawsuit against Mimi for $1 Million in damages unless she agrees to a contract to share 50% of her profits with the Cakes “R Us. Because she cannot afford an attorney or the cost of litigation, she reluctantly agrees. Later, when Mimi does not share her profits with Cakes ‘R Us, the company sues her for breach of contract. Mimi seeks to defend herself by claiming both undue influence and duress. Under these limited acts, will a court recognize either defense, and explain why or why not.