For the past several years, you’ve been purchasing a product from a supplier at a high-volume cost and reselling the product at a lower price than your customers could buy it. However, you’d like to improve the product but the manufacturer isn’t interested in doing this. You are trying to determine if it would make sense to buy the equipment and make it yourself with better quality.

Construct two decision trees (one for each scenario), including expected money value, for the following scenario information.

Scenario A:

• Equipment = $500,000 + 100,000 for training
• Chances of a good market next year are 60%
• A good market will yield $1,000,000 in gross revenue, a poor market will yield $200,000 in gross revenue
• If you continue selling the product as you currently do, a good market will generate $300,000 in gross revenue and a poor market $50,000 in gross revenue
• Estimated costs for working with you supplier are $30,000/yr

Scenario B:

• How would this change if the probability for good market increases to 80% and the probability of a good/poor market for purchasing remain the same?

A) A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

What is the probability that a customer using a check spends less than $90?

Express your answer as a decimal rounded to four places after the decimal point.

B)

A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

What is the probability that a customer using a check spends between $80 and $85?

Express your answer as a decimal rounded to four places after the decimal point.

C)

A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

The top 10% of customers using a check pay _____________ or more for groceries.

Round your answer to 2 decimal places.

D)

A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

The most frugal 20% of customers pay ___________ or less for groceries.

Round your answer to the nearest hundredth.

Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Jason Payne, Capital; Jason Payne, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.

Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.

Chart of Accounts

Journal

Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 1

JOURNAL

ACCOUNTING EQUATION

P5-1B Krey Distributing Company completed these merchandising transactions in the month of April. At the beginning of April, the ledger of Krey showed Cash of $10,000 and Common Stock of $10,000. Apr. 2 Purchased merchandise on account from Am-Bev Co. $8,700, terms 2/10, n/30. 4 Sold merchandise on account $6,000, terms 2/10, n/30. The cost of the merchandise sold was $3,700. 5 Paid $200 freight on April 4 sale. 6 Received credit from Am-Bev Co. for merchandise returned $400. 11 Paid Am-Bev Co. in full, less discount. 13 Received collections in full, less discounts, from customers billed on April 4. 14 Purchased merchandise for cash $4,700. 16 Received refund from supplier for returned merchandise on cash purchase of April 14, $500. 18 Purchased merchandise from Lohr Distributors $5,500, terms 2/10, n/30. 20 Paid freight on April 18 purchase $180. 23 Sold merchandise for cash $8,300. The cost of the merchandise sold was $5,580. 26 Purchased merchandise for cash $2,300. 27 Paid Lohr Distributors in full, less discount. 29 Made refunds to cash customers for returned merchandise $180. The returned merchandise had a cost of $120. 30 Sold merchandise on account $3,980, terms n/30. The cost of the merchandise sold was $2,500. Krey Distributing Company’s chart of accounts includes Cash, Accounts Receivable, Inventory, Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, Sales Discounts, Cost of Goods Sold, and Freight-Out. Instructions (a) Journalize the transactions. (b) Post the transactions to T-accounts. Be sure to enter the beginning cash and common stock balances. (c) Prepare the income statement through gross profit for the month of April 2014. (d) Calculate the profit margin and the gross profit rate. (Assume operating expenses were $3,000.)

Enter the beginning cash and capital balances and post the transactions.

In this format leave REF blank need date explanation and credit or debit and balances.

For Cash, Accounts Receivable, Inventory, Supplies, Accounts Payable, Owners Capital, Sales Revenue, Sales Returns & Allowances, Sales Discounts, and Cost of Goods Sold.

Using this info:

Problem 5-02A a-c (Part Level Submission) (Video) Sunland Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Sunland showed Cash of $4,500 and Owner’s Capital of $4,500. May 1 Purchased merchandise on account from Braun's Wholesale Supply $3,900, terms 2/10, n/30. 2 Sold merchandise on account $2,500, terms 1/10, n/30. The cost of the merchandise sold was $1,600. 5 Received credit from Braun's Wholesale Supply for merchandise returned $400. 9 Received collections in full, less discounts, from customers billed on sales of $2,500 on May 2. 10 Paid Braun's Wholesale Supply in full, less discount. 11 Purchased supplies for cash $300. 12 Purchased merchandise for cash $1,300. 15 Received refund for poor quality merchandise from supplier on cash purchase $150. 17 Purchased merchandise from Valley Distributors $1,200, FOB shipping point, terms 2/10, n/30. 19 Paid freight on May 17 purchase $170. 24 Sold merchandise for cash $3,500. The merchandise sold had a cost of $2,100. 25 Purchased merchandise on account from Lumley, Inc. $700, FOB destination, terms 2/10, n/30. 27 Paid Valley Distributors in full, less discount. 29 Made refunds to cash customers for defective merchandise $70. The returned merchandise had a fair value of $40. 31 Sold merchandise on account $1,000, terms n/30. The cost of the merchandise sold was $600. Sunland Hardware’s chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 126 Supplies, No. 201 Accounts Payable, No. 301 Owner’s Capital, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold.

Latona Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Latona showed Cash of $4,500 and Common Stock of $4,500. May 1 Purchased merchandise on account from Gray's Wholesale Supply $4,500, terms 2/10, n/30. 2 Sold merchandise on account $2,000, terms 1/10, n/30. The cost of the merchandise sold was $1,400. 5 Received credit from Gray's Wholesale Supply for merchandise returned $250. 9 Received collections in full, less discounts, from customers billed on sales of $2,000 on May 2. 10 Paid Gray's Wholesale Supply in full, less discount. 11 Purchased supplies for cash $300. 12 Purchased merchandise for cash $1,400. 15 Received refund for poor quality merchandise from supplier on cash purchase $150. 17 Purchased merchandise from Amland Distributors $1,300, FOB shipping point, terms 2/10, n/30. 19 Paid freight on May 17 purchase $120. 24 Sold merchandise for cash $3,500. The merchandise sold had a cost of $1,900. 25 Purchased merchandise from Horvath, Inc. $750, FOB destination, terms 2/10, n/30. 27 Paid Amland Distributors in full, less discount. 29 Made refunds to cash customers for defective merchandise $60. The returned merchandise had a fair value of $30. 31 Sold merchandise on account $1,500, terms n/30. The cost of the merchandise sold was $500.

Latona Hardware’s chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 126 Supplies, No. 201 Accounts Payable, No. 311 Common Stock, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold.

a) Enter the beginning cash and common stock balances and post the transactions.

Which processes contribute directly to genetic variaion?

? What is meant by ploidy? Diploid? Haploid?

? Know the phases of meiosis?

? Know the differences between meiosis and mitosis.

? What is the major difference between metaphase of mitosis and metaphase I of meiosis?

? What is the major difference between meiosis II & mitosis?

? What is crossing over? ? What is synapsis?

? What are chiasmata?

? What are autosomes?

? What are sex chromosomes? What are the sex chromosomes in human male? Human female?

? What are homologous chromosomes?

? What is genetic recombination?

? What is fertilization? What are gametes?

? What are histones? What is chromatin?

? How many autosomes do humans have? Have many pairs of autosomes? How many pairs of sex chromosomes? What is the total number of chromosomes that human have? ? What are the sites of crossing over called?

? What is a karyotype?

? What is Down syndrome?

? What is polyploidy?

? What is nondisjunction?

? What is trisomy and monosomy

Question: What is social capital? how social capital contribute to Human capital development?

i.e. how social capital promotes human capital development?

Social capital is regarded as another asset that can be used by individuals or groups to contribute to their economic and social advancement, just as human capital (education and health). (In this aspect explain the answer to the question in 800 words.)

Case 10- Wyndham Worldwide adopts a stakeholder orientation marketing strategy.

1. How does Wyndham’s stakeholder orientation create a strategic marketing advantage?
2. How do Wyndham’s diverse brands contribute to customer satisfaction and marketing performance?
3. Do the awards and recognition that Wyndham has received for social responsibility and ethics contribute to its financial performance? If so, how?