In: Economics
System Design and Analysis
Analyze and design a hotel reservation system -
Should include the following
- Create a Data Flow Diargram that includes Context Diagram and
DFD 0
- Create a Use Case Diagram and include 8 fully-dressed use
cases.
In: Computer Science
Early in 2016, Dobbs Corporation engaged Kiner, Inc. to design
and construct a complete modernization of Dobbs's manufacturing
facility. Construction was begun on June 1, 2016 and was completed
on December 31, 2016 Dobbs made the following payments to Kiner,
Inc. during 2016:
| Date | Payment | ||
| June 1, 2016 | $1,680,000 | ||
| August 31, 2016 | 2,520,000 | ||
| December 31, 2016 | 2,100,000 |
In order to help finance the construction, Dobbs issued the
following during 2016:
| 1. | $1,428,000 of 10-year, 9% bonds payable, issued at par on May 31, 2016, with interest payable annually on May 31. |
| 2. | 300,000 shares of no-par common stock, issued at $10 per share on October 1, 2016. |
In addition to the 9% bonds payable, the only debt outstanding
during 2016 was a $357,000, 12% note payable dated January 1, 2012
and due January 1, 2019, with interest payable annually on January
1.
Compute the amounts of each of the following:
| 1. | Weighted-average accumulated expenditures qualifying for capitalization of interest cost. | |
| 2. | Avoidable interest incurred during 2016. | |
| 3. | Total amount of interest cost to be capitalized during 2016. |
| 1. | Weighted-average accumulated expenditures | $ | ||
| 2. | Avoidable interest | $ | ||
| 3. | Amount of interest cost to be capitalized | $ |
In: Accounting
Early in 2019, Tanya Corporation engaged a contractor Chavis, Inc. to design and construct Tanya's manufacturing facility. Construction begun on June 1 and completed on December 31, 2019. Tanya made the following expenditures during 2019: Date Payment Jun 1, 2019 $ 3,000,000 Oct 31, 2019 5,400,000 Tanya borrowed $2,000,000 on January 1, 2019, to specifically finance the construction. The loan has a stated interest rate of 8% and a 10-year maturity. In addition, Tanya had the following debt outstanding during 2019: 1. 12%, ten-year bonds issued at par on December 31, 2015, with interest payable annually on December 31 $ 4,000,000 2. 9%, 3-year note payable, dated January 1, 2019, with interest payable annually on January 1 2,000,000
Required:
(a) Compute the weighted-average accumulated expenditures qualifying for capitalization of interest cost during 2019 (show computations).
(b) Compute the weighted-average interest rate for the general borrowings (show computations).
(c) Compute the avoidable interest during 2019 (show computations).
(d) Compute the actual interest cost during 2019 (show computations).
(e) Indicate the amount of interest cost to be capitalized during 2019. (1 mark)
In: Accounting
Early in 2017, Dobbs Corporation engaged Kiner, Inc. to design
and construct a complete modernization of Dobbs's manufacturing
facility. Construction was begun on June 1, 2017 and was completed
on December 31, 2017. Dobbs made the following payments to Kiner,
Inc. during 2017:
| Date | Payment | ||
| June 1, 2017 | $5,856,000 | ||
| August 31, 2017 | 9,120,000 | ||
| December 31, 2017 | 7,440,000 |
In order to help finance the construction, Dobbs issued the
following during 2017:
| 1. | $5,110,000 of 10-year, 9% bonds payable, issued at par on May 31, 2017, with interest payable annually on May 31. |
| 2. | 300,000 shares of no-par common stock, issued at $10 per share on October 1, 2017. |
In addition to the 9% bonds payable, the only debt outstanding
during 2017 was a $1,247,000, 12% note payable dated January 1,
2013 and due January 1, 2023, with interest payable annually on
January 1.
Compute the amounts of each of the following:
| 1. | Weighted-average accumulated expenditures qualifying for capitalization of interest cost. | |
| 2. | Avoidable interest incurred during 2017. | |
| 3. | Total amount of interest cost to be capitalized during 2017. |
| 1. | Weighted-average accumulated expenditures | $ | ||
| 2. | Avoidable interest | $ | ||
| 3. | Amount of interest cost to be capitalized | $ |
In: Accounting
Early in 2020, Dobbs Corporation engaged Kiner, Inc. to design
and construct a complete modernization of Dobbs's manufacturing
facility. Construction was begun on June 1, 2020 and was completed
on December 31, 2020. Dobbs made the following payments to Kiner,
Inc. during 2020:
| Date | Payment | ||
| June 1, 2020 | $2,440,000 | ||
| August 31, 2020 | 3,660,000 | ||
| December 31, 2020 | 3,050,000 |
In order to help finance the construction, Dobbs issued the
following during 2020:
| 1. | $2,074,000 of 10-year, 9% bonds payable, issued at par on May 31, 2020, with interest payable annually on May 31. |
| 2. | 300,000 shares of no-par common stock, issued at $10 per share on October 1, 2020. |
In addition to the 9% bonds payable, the only debt outstanding
during 2020 was a $518,500, 12% note payable dated January 1, 2016
and due January 1, 2023, with interest payable annually on January
1.
Compute the amounts of each of the following:
| 1. | Weighted-average accumulated expenditures qualifying for capitalization of interest cost. | |
| 2. | Avoidable interest incurred during 2020. | |
| 3. | Total amount of interest cost to be capitalized during 2020. |
| 1. | Weighted-average accumulated expenditures | $ | ||
| 2. | Avoidable interest | $ | ||
| 3. | Amount of interest cost to be capitalized | $ |
In: Accounting
Accounting for Construction Contracts IAS 11 has been subsumed under the standard IFRS 15, Revenues from Contract with customers. This has implications for the treatment of construction contracts including how they are accounted for, presented and disclosed.
Discuss making reference to the provisions of IFRS 15 Revenue from Contracts with Customers issued May 2014 and applicable for annual reporting beginning on or after January 1, 2018.
(Nb. The case information below is to be used to illustrate your understanding of the issues involved.)
Belvisja Limited has a fixed price contract for $9,000,000 to build a road, that is the initial amount agreed in the contract is $9 M. The contractor estimates that contract cost is $8,000,000. It will take three years to build the road.
By the end of year 1 the contractor’s estimate of contractors cost has increased to $8,050,000.
In year 2 the customer approves a variation resulting in an increase in contract revenue of $200,000 and estimated contract costs of $150,000.
At the end of year 2 costs incurred includes $100,000 for standard material storage on site to be used in year 3 to complete the project.
At the beginning of year 3 the customer requested that the contract be adjusted by $500,000 for the cleaning of the drains.
The contractor determines the stage of completion of the contract by calculating the proportion that contract cost incurred for work performed to date bear to the latest estimated total contract costs.
In: Accounting
Question 1 Run a regression model to estimate the cost of a building using average story height (mean centered) and total floor area (mean centered) as predictors. Using the adjusted R Square statistic, how much variation in the dependent variable can be explained by the model?
Select one: a. between 95% and 98% b. above 98 percent c. between 90% and 95% d. less than 90%
Question 2 Run a regression model to estimate the cost of a building using average story height (mean centered) and total floor area (mean centered) as predictors. Is story height a significant predictor at .05 level?
Select one: a. Yes b. No
Question 3 Run a regression model to estimate the cost of a building using average story height (mean centered) and total floor area (mean centered) as predictors. Is total area a significant predictor at .05 level?
Select one: a. Yes b. No
Question 4 Run a regression model to estimate the cost of a building using average story height (mean centered) and total floor area (mean centered) as predictors. Which of the following is wrong about the slope of total area?
Select one: a. It gives the expected change in the predicted cost for each 1 m2 change in total area, holding story height constant. b. It is a significant slope c. The expected cost of a building with a total area of 1 m2 is HK$13,965
Question 5 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Run a regression model to estimate the cost of a building using average story height (mean centered) and total floor area (mean centered) as predictors. Which of the following is wrong about the slope of story height?
Select one: a. It gives the expected change in the predicted cost for each 1 cm change in story height, holding total area constant. b. It is a significant slope c. The expected cost of a building with a story height of 0 cms is HK$3,185,038
Question 6 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors. Using the adjusted R Square statistic, how much variation in the dependent variable can be explained by the model?
Select one: a. between 95% and 98% b. above 98 percent c. between 90% and 95% d. less than 90%
Question 7 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors. Which of the following is correct about the intercept?
Select one: a. It is the expected cost of a steel building with an average story height and an average total area. b. It is the expected cost of a reinforced concrete building with an average story height and an average total area. c. It is the expected cost of a steel building with a story height of 0 cm and an average total area. d. It is the expected cost of a reinforced concrete building with an average story height and a total area of 0 m2.
Question 8 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors. According to the model, is it significantly more expensive (at .05 level) to build a steel building compared to a reinforced concrete building, holding everything else constant?
Select one: a. no b. yes
Question 9 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors. Which of the following is wrong about the slope of story height?
Select one: a. it is the expected change in the predicted building cost for a one unit change in story height, holding total area and construction type constant. b. Has a positive relationship with the cost of building c. Has a negative relationship with the cost of building
Question 10 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors. Which of the following is wrong about the slope of total area?
Select one: a. it is the expected change in the predicted building cost for a one unit change in total area, in holding story height and construction type constant. b. Has a positive relationship with the cost of building c. Has a negative relationship with the cost of building
| Building type | Average floor area (m2) | Total floor area (m2) | avg story height(cms) | COST (HK$) |
| 1 | 1852 | 81478 | 410 | 1467000000 |
| 1 | 1608 | 64313 | 411 | 1150000000 |
| 1 | 1430 | 55783 | 403 | 1028000000 |
| 1 | 1562 | 57794 | 390 | 1100000000 |
| 1 | 1109 | 37695 | 391 | 728000000 |
| 1 | 905 | 28048 | 382 | 558000000 |
| 1 | 1852 | 81478 | 410 | 1467000000 |
| 1 | 901 | 30617 | 391 | 631000000 |
| 1 | 1727 | 69062 | 400 | 1223000000 |
| 1 | 1161 | 37148 | 394 | 761000000 |
| 1 | 1004 | 37141 | 400 | 713000000 |
| 1 | 1216 | 38912 | 390 | 784000000 |
| 1 | 2007 | 88302 | 422 | 1593000000 |
| 1 | 2983 | 173000 | 440 | 2649000000 |
| 2 | 1523 | 70080 | 372 | 1210000000 |
| 2 | 912 | 28286 | 370 | 607000000 |
| 2 | 1343 | 53715 | 382 | 977000000 |
| 2 | 1175 | 32908 | 381 | 700000000 |
| 2 | 1203 | 40902 | 393 | 811000000 |
| 2 | 1393 | 52951 | 392 | 1001000000 |
| 2 | 713 | 20681 | 375 | 468000000 |
| 2 | 1047 | 37681 | 411 | 747000000 |
| 2 | 1506 | 63270 | 421 | 1156000000 |
| 2 | 1642 | 70624 | 423 | 1268000000 |
| 2 | 1848 | 73936 | 403 | 1333000000 |
| 2 | 1627 | 60190 | 402 | 1162000000 |
| 2 | 1301 | 40321 | 384 | 864000000 |
| 2 | 905 | 25330 | 405 | 561000000 |
| 2 | 1727 | 72514 | 400 | 1303000000 |
| 2 | 1414 | 52318 | 392 | 1013000000 |
| 2 | 2001 | 76022 | 431 | 1487000000 |
| 2 | 400 | 9200 | 380 | 263000000 |
| 2 | 3100 | 102190 | 454 | 2112000000 |
| 2 | 1677 | 83860 | 410 | 1519000000 |
| 2 | 2415 | 130032 | 420 | 2045000000 |
| 2 | 1555 | 46637 | 410 | 1025000000 |
| 2 | 792 | 20596 | 420 | 540000000 |
| Building Type | ||||
| 1 | Reinforced Concrete | |||
| 2 | Steel | |||
In: Statistics and Probability
Explain the difference between the Annual Percentage Rate (APR) and the Effective Annual Percentage Rate (EAR).
What would cause the EAR to be greater than the APR?
When would the APR and EAR be the same?
Can the APR ever be greater than the EAR?
In: Finance
|
Predicted percentage between 40 and 70 ______________________________ Actual percentage _____________________________________________ Predicted percentage more than 70 miles ________________________________ Actual percentage ___________________________________________ Comparison ____________________________________________________ _______________________________________________________________ Why? __________________________________________________________ ________________________________________________________________ |
| Drive (miles) |
| 4 |
| 6 |
| 20 |
| 20 |
| 25 |
| 25 |
| 25 |
| 28 |
| 29 |
| 33 |
| 36 |
| 36 |
| 36 |
| 36 |
| 36 |
| 40 |
| 42 |
| 54 |
| 55 |
| 63 |
| 63 |
| 71 |
| 73 |
| 73 |
| 76 |
| 76 |
| 76 |
| 78 |
| 80 |
| 80 |
| 80 |
| 88 |
| 88 |
| 94 |
| 94 |
| 52.54285714 |
| 26.57325375 |
| 0.318459615 |
| 0.318459615 |
| 0.318459615 |
In: Statistics and Probability