Complete the MPS record below for a single item. ​(Enter your responses as integers. A response of​ "0" is equivalent to being not​ applicable.)

Periodic Inventory by Three Methods

The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are as follows:

Required:

1. Determine the inventory on June 30 and the cost of goods sold for the three-month period, using the first-in, first-out method and the periodic inventory system. Round the weighted average unit cost to the nearest cent.

2. Determine the inventory on June 30 and the cost of goods sold for the three-month period, using the last-in, first-out method and the periodic inventory system.

3. Determine the inventory on June 30 and the cost of goods sold for the three-month period, using the weighted average cost method and the periodic inventory system.

Note: Round the weighted average unit cost to the nearest dollar and final answers to the nearest dollar.

4. Compare the gross profit and June 30 inventories using the following column headings. Enter all amounts as positive numbers.

Repl.it

Python

Ch 07 #5: Rock, Paper, Scissors Modification

Programming Exercise 11 in Chapter 6 asked you to design a program that plays the Rock, Paper, Scissors game. In the program, the user enters one of the three strings - “rock”, “paper”, or “scissors” - at the keyboard. Add input validation (with a case-insensitive comparison) to make sure the user enters one of those strings only.

I demonstrated the implementation of the program here: https://repl.it/@profeldridge/week06assignment06part2of2#main.py

Using the repl.it link above, modify the program to implement a new function called “get_user_input_validated()” that performs input validation (with a case-insensitive comparison) to make sure the user enters one of those strings only.

Requirements

You must use the given function prototypes. You can add more functions if you like.

def get_user_input_validated()

Resources

• Use the same logic and text that you used for the flowchart

• The Python Survival Guide shows how to make a string lowercase: https://lrccd.instructure.com/courses/102062/discussion_topics/1168996

Example Runs:

Please enter your choice (rock/paper/scissors):

rocks

Sorry - that selection is not valid. Please enter the text 'rock', 'paper', or 'scissors'

peppers

Sorry - that selection is not valid. Please enter the text 'rock', 'paper', or 'scissors'

ROCK

Human: [ rock ] vs. Computer: [ paper ]

Sorry! You lost

Deliverables

1. Source Code File: Name your file main.py and submit to Canvas.

Be sure to follow a Python Style Guide:

• Recommended (v2.0) https://lrccd.instructure.com/courses/102062/modules/items/5357574

Original (v1.0) https://lrccd.instructure.com/courses/102062/pages/python-code-style-guide?module_item_id=5176726

Part 2a –

Tax Return Information Jake Smith is an Australian resident and also one of your clients. Jake has the following events during the year.

1. During the entire 2018 income year, Jake worked for MD & A Architects. Jake was provided with his PAYG Payment Summary for the period 1 July 2017 to 30 June 2018. Gross salary was $86,000. Payg tax withheld was $19,820.

2. Jake uses his car for work. Jake was reimbursed for 6,000 kilometers travelled during the year at 75 cents per kilometer. PAYG withholding of $1,500 was deducted during the year.

3. Jake earns interest of $100 during the year (gross). Jake did not provide the bank with his tax file number.

4. Jake received an unfranked divided of $3,500 on 18 June 2018. Jake participated in a dividend reinvestment scheme so that he received an additional 198 shares in the company.

5. Jake purchased 1,000 ANZ bank share on 1 March 2015 at $22 each. Brokerage costs on purchase were $50. Jake sold 500 ANZ bank shares on 1 June 2018 for $24 each. Brokerage costs on sale were $55.

6. On 12 May 2018, Jake sold his “cricket bat” collection. This consisted of 5 cricket bats that were signed by famous people. The great “Sahin Tendulkar” has signed one of the bats. Ricky pointing had signed one of the bats which was worth considerably less than 3 ACC304 Assignment Assessment 3 the bat signed by Tendulkar. Jake purchased the bats between 1999 and 2004 for a total cost of $2,600. He sells the entire collection for $900.

7. Jake failed to keep a log book but wishes to claim his Mazda 3 motor car if possible. Jake’s diary notes indicate he travelled 7,420 kilometers. Total car expenses including depreciation are $6,200. He estimates (has a guess) that his business percentage is 95 percent. Jake does not have a second motor car.

8. Jake owns a mobile phone which he uses for work. His mobile telephone call costs for the 2018 income year totalled $1,400. Jake estimates that 60% of these calls were workrelated. Jake failed to keep his receipts and can’t provide any material documentation.

9. On 1 May 2018, Jake paid the invoice which he received from his previous tax agent for the preparation and lodgement of his income tax return for last year. The tax agent's fee was $400.

10. Jake is not married and does not have health cover.

Advise Jake as to the tax implications of each of these 10 items and the impact it will have on his tax return. Students should quote sections of law where appropriate. In addition, students should calculate Taxable income only (showing brief workings).

700 words (1 paragraph on each item)

You are in a world where there are only two assets, gold and stocks. You are interested in investing your money in one, the other, or both assets. Consequently, you collect the following data on the returns on the two assets over the past six years.

                                               Gold            Stock Market

Average return                         8%                               20%

Standard deviation                    25%                             22%

Correlation                               -0.4

Compute the expected return and standard deviation of a portfolio consisting of

1. 0% stocks
2. 25% stocks
3. 50% stocks
4. 75% stocks
5. 100% stocks

(the rest in gold).

Working Capital Cash Flow Cycle

Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $2,700,000 (all on credit), and its net profit margin was 4%. Its inventory turnover was 7.5 times during the year, and its DSO was 44 days. Its annual cost of goods sold was $1,500,000. The firm had fixed assets totaling $430,000. Strickler's payables deferral period is 50 days. Assume 365 days in year for your calculations. Do not round intermediate calculations.

1. Calculate Strickler's cash conversion cycle. Round your answer to two decimal places.
        days
   
2. Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets turnover. Round your answer to two decimal places.
        x
   Calculate its ROA. Round your answer to two decimal places.
        %
   
3. Suppose Strickler's managers believe the annual inventory turnover can be raised to 11 times without affecting sale or profit margins. What would Strickler's cash conversion cycle have been if the inventory turnover had been 11 for the year? Round your answer to two decimal places.
        days
   What would Strickler's total assets turnover have been if the inventory turnover had been 11 for the year? Round your answer to two decimal places.
         x
   What would Strickler's ROA have been if the inventory turnover had been 11 for the year? Round your answer to two decimal places.
        %

Biochemistry: For parts a - d below, state whether or not the bond angles are observed (circle one) for protein secondary structures, and if so, state what kind of secondary structures.

a) φ = +9 0° Observed/ Not observed; Secondary Structure: ψ = - 45°

b) φ = - 130 ° Observed/ Not observed; Secondary Structure: ψ = +130 °

c) φ = - 60 ° Observed/ Not observed; Secondary Structure: ψ = - 50 °

d) φ = - 90 ° Observed/ Not observed; Secondary Structure: ψ = - 150°

Let’s consinder a mortgage application using HMDA (The Home Mortgage Disclosure Act). Here is a sample from 30 mortgage applications.

loanamt = Amount of Mortgage Loan Application (in $1000)
income = Applicant’s Annual Income (in $1000)
hprice = House Price to buy (in $1000)

Regression Analyis

Let’s consider the following regression model. Estimate the model using Minitab and answer the questions using the output.

Loanamt_i = b₀ + b₁ * Income_i + e_t

Write the equations for the following statistics, find or calculate them from the Minitab or Excel output, and explain the meanings of the statistics

1.Equations for R² and r (correlation coefficient), and perform the t test for the correlation coefficient between Loanamt and Income is zero.

2.Standard Error of b1 and variance of b1
3. Standard deviation and variance of e_t
4. Plot the residuals, and explain if you find any possible violations of assumptions on the regression model.

Exercise 6

        Rao Corporation has the following balance sheet.

Required:

1. How much net operating working capital does the firm have?
2. How does net working capital affect the decision making?

Please explain part B briefly, it is important.

Thank you.

6. To determine the relationship between two variables while holding a third one constant you should calculate a ___________

A. Point biserial correlation

B. Partial correlation

C. Pearson correlation

D. Spearman correlation.

7. A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses 6 small cities and offers the candy bar at different prices. What is the correlation between candy price and sales?

City Price ($) Sales

Miami 1.30 100

McKinney 1.60 90

Newberg   1.80 90

Prescott 2.00 40

Tacoma 2.40    38

San Jose 2.90 32

8. A teacher records the scores on a midterm quiz and on the final exam for 8 of her students. She finds that there is a correlation of .896 between the two scores. Calculate the coefficient of determination.

9. A previous statistics class kept records of the number of hours they studied and their score on the final 20 point quiz. Here are the data collected

. hours studied quiz score

X Y

8 18

6 14

5 13

7 15

4 10

Conduct a hypothesis test to investigate whether there is a significant relationship between X and Y, using α= .10

10. In a study of diagnostic processes, entering clinical graduate students are shown a 20-minute videotape of children’s behavior and asked to rank-order 10 behavioral events on the tape in the order of the importance, 1 = most important, and 10 = least important. The data are then averaged to produce an average rank ordering for the entire class. The same thing was then done using experienced clinicians. The data follow: Events Clinicians Student 1 1 2

2 3 4

3 2 1

4 7 6

5 5 5

6 4 3

7 8 10

8 6 8

9 9 7

10 10 9

Use Spearman’s r, to measure the agreement between experienced and novice clinicians.