Following are the 2016 income statements for Apple Inc. and Microsoft Corporation, competitors in the computer industry. Use these financial statements to answer the required.

Required:

a) How do Apple Inc. and Microsoft Corporation account for R&D expenditures?

b) Apple Inc.’s and Microsoft Corporation’s R&D expense includes many different types of costs. List three specific costs that could be included in R&D expense on the income statement.

c) What trend do you notice in the R&D expenses of each company over time?

Dr. Gonda opted to make his own format. To determine which format works better, they gave their clients a marital stress inventory at the conclusion of therapy. Below are the scores for the individuals in each counseling type.

Group 1 Scores (Group therapy)                                                                Group 2 Scores (Individual Therapy)

25   17   29   29   26   24   27   33 23   14                                               18   25   32   23   16   21   17   20   26   23  

21   26   20   27   26   12                                                                                  29   18

Conduct a full PHANTOMS analysis to determine whether or not any difference exists between these two types of therapy at α=.05.

A banking executive studying the role of trust in creating customer advocates has determined that 43 % of banking customers have complete​ trust, 49 % of banking customers have moderate​ trust, and 8% have minimal or no trust in their primary financial institution. Of the banking customers that have complete​ trust, 68% are very likely to recommend their primary financial​ institution; of the banking customers that have moderate​ trust, 21 % are very likely to recommend their primary financial​ institution; and of the banking customers that have minimal or no​ trust, 2 % are very likely to recommend their primary financial institution. Complete parts​ (a) and​ (b) below. ​(Round to three decimal places as​ needed.) a. Compute the probability that if a customer indicates he or she is very likely to recommend his or her primary financial​ institution, the banking customer also has complete trust. b. Compute the probability that a banking customer is very likely to recommend his or her primary financial institution.

The table shown above is taken from the Greene-Touchstone study which shows the relationship between birthweight and estriol level in pregnant women near term. Use SPSS to solve this problem

a. What is the equation of the estimated regression line?

= ______________

b. Plot the data and graph the line. Does the line appear to provide a good fit to the data points?

c. Use the least-squares line to predict the value of y when x =22

d. Fill in the missing entries in the SPSS analysis of variance table

Source             DF                   SS                    MS                  F                      P

Regression                  

Error                ____                _____                                      ____________

e) Is the simple linear regression model useful for predicting birthweight from a given amount of estriol?

f) What is the p-value?

g) Based on the p-value, one can deduce that A linear relationship ________ between x and y.

h) The simple linear regression model ______________ useful for predicting birth weight from estriol levels

i) What is the coefficient of determination. (r-squared) or r?

j) Interpret the coefficient (r-squared) of determination.

Customer A. Smith owed Stonebridge Electronics $325. On April 27, 2016, Stonebridge determined this account receivable to be uncollectible and wrote off the account. The company uses the direct write-off method. On July 15, 2016, Stonebridge received a check for $325 from the customer. How should the July 15, 2016 transaction be recorded?

Group of answer choices

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Question 152.5 pts

Which of the following is the correct formula to calculate inventory turnover?

Group of answer choices

Inventory turnover = Cost of goods sold / Average merchandise inventory

Inventory turnover = Cost of goods sold × Average merchandise inventory

Inventory turnover = Cost of goods sold + Average merchandise inventory

Inventory turnover = Cost of goods sold - Average merchandise inventory

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Question 162.5 pts

The ending merchandise inventory for the current year is overstated by $25,000. What effect will this error have on the following year's net income?

Group of answer choices

The net income will be overstated by $50,000.

The net income will be overstated by $25,000.

The net income will be understated by $25,000.

The net income will be understated by $50,000.

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Question 172.5 pts

Which of the following is added to operating income to arrive at net income?

Group of answer choices

sales revenue

cost of goods sold

interest revenue

operating expenses

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Question 182.5 pts

The goal of reporting realistic figures and never overstating assets or net income applies to the ________.

Group of answer choices

conservatism principle

materiality concept

disclosure principle

consistency principle

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Question 192.5 pts

In a good internal control system, which of the following sets of documents is required for proper approval of a payment to a supplier?

Group of answer choices

a journal entry, a supplier invoice, and a description of the goods being purchased

a receiving report, an invoice, and a purchase order

a purchase order, a journal entry, and a price catalog

a supplier invoice, a bill of lading, and the supplier's financial statements

1.)Coffey's Coffee Shop was organized on January 1, 2005 and was authorized to issue 200,000 shares of $2 par value common stock and 100,000 shares of $100, 6% cumulative preferred stock. The preferred stock is convertible to common at the rate of 1 preferred share to 4 shares of common. The conversion rate is restated for all stock dividends and splits. Coffee had the following stock transactions in 2005:

1/1/2005 - Sold 30,000 shares of common stock at $20 per share.

1/1/2005 - Sold 10,000 shares of preferred stock at $100 per share.

4/1/2005 - Issued at 50 percent stock dividend when the market price is $26 per share.

9/1/2005 - Purchased 4,000 treasury shares at $30 per share.

10/1/2005 - Sold 1,000 of the treasury shares at $32 per share.

11/1/2005 - Sold 2,000 of the treasury shares at $25 per share.

12/1/2005 - Issued a 2-1 for stock split.

12/20/2005 - Declared the required dividend to preferred stock holders and a $.25 per share dividend to common stockholders. Dividends are payable on 12/31/2005.

12/31/2005 - Paid dividends declared on 12/20/2005.

Prepare journal entries to record all of the above business events

2.)

(A) Welson Co. is being sued for illness caused to local residents as a result of negligence on the company's part in permitting the local residents to be exposed to highly toxic chemicals from its plant. Welson's lawyer states that it is probable that Welson will lose the suit and be found liable for a judgment costing Welson anywhere from $400,000 to $2,000,000. However, the lawyer states that the most probable cost is $1,200,000. As a result of the above facts, Welson should accrue and what should be disclosed?

(B) On August 1, 2006, the Frost Company purchased property from Anderson that had a fair value of $399,271. Frost gave Anderson a $500,000 noninterest-bearing note payable in five equal annual installments of $100,000 with the first payment due July 31, 2007. What is the amount of interest expense that should be recognized by Frost in 2007, using the effective interest method?

(C) Pryor Corporation issued a 2-for-1 stock split of its common stock which had a par value of $10 before and after the split. At what amount should retained earnings be capitalized for the additional shares issued?

(D) On January 2, 2004, a calendar-year corporation sold 8% bonds with a face value of $1,500,000. These bonds mature in five years, and interest is paid semiannually on June 30 and December 31. The bonds were sold for $1,384,000 to yield 10%. Using the effective interest method of computing interest, how much should be charged to interest expense in 2004?

(E) On its December 31, 2002, balance sheet, the Forge Corporation reported the following as investments in marketable equity securities which are classified as available for sale: Investment in marketable equity securities at cost $500,000 Less: valuation allowance 40,000 $460,000 At December 31, 2003, the market valuation of the portfolio was $490,000. What should Forge include in net income for 2003 as a result of the change in the market value of its investments?

(F) On February 10, 2005, after issuance of its financial statements for 2004, Goll Company entered into a financing agreement with Lebo Bank, allowing Goll Company to borrow up to $4,000,000 at any time through 2009. Amounts borrowed under the agreement bear interest at 2% above the bank's prime interest rate and mature two years from the date of loan. Goll Company presently has $1,500,000 of notes payable with First National Bank maturing March 15, 2005. The company intends to borrow $2,500,000 under the agreement with Lebo and liquidate the notes payable to First National. The agreement with Lebo also requires Goll to maintain a working capital level of $6,000,000 and prohibits the payment of dividends on common stock without prior approval by Lebo Bank. From the above information only, the total short-term debt of Goll Company as of the December 31, 2004 balance sheet date is __________________.

Doordash has campaigned that it gets 92.5% of the deliveries on time compared to UberEATS which has a delivery time of 88% and Postmate which has a delivery time of 91%. A food columnist decided to survey 14 customers of all three delivery companies:

a) What is the probability that at most half of the customers surveyed say that their Postmate orders were delivery on time? b) What is the probability that at least six of the respondents say that their Doordash orders were delivered on time? c) What is the probability that fewer than eight of the respondents say UberEATS delivered their food on time? d) What is the mean and standard deviation of the binomial distribution of all three delivery companies? HTML EditorKeyboard Shortcuts

A plane delivers two types of cargo between two destinations. Each crate of cargo I is 3 cubic feet in volume and 137 pounds in weight, and earns $30 in revenue. Each crate of cargo II is 3 cubic feet in volume and 274 pounds in weight, and earns $45 in revenue. The plane has available at most 270 cubic feet and 14,248 pounds for the crates. Finally, at least twice the number of crates of I as II must be shipped. Find the number of crates of each cargo to ship in order to maximize revenue. Find the maximum revenue.

We assume that our wages will increase as we gain experience and become more valuable to our employers. Wages also increase because of inflation. By examining a sample of employees at a given point in time, we can look at part of the picture. How does length of service (LOS) relate to wages? The data here (data1.dat) is the LOS in months and wages for 60 women who work in Indiana banks. Wages are yearly total income divided by the number of weeks worked. We have multiplied wages by a constant for reasons of confidentiality.

(a) Plot wages versus LOS. Consider the relationship and whether or not linear regression might be appropriate. (Do this on paper. Your instructor may ask you to turn in this graph.) (b) Find the least-squares line. Summarize the significance test for the slope. What do you conclude?

Wages = + LOS

t =

P =

(c) State carefully what the slope tells you about the relationship between wages and length of service. This answer has not been graded yet.

(d) Give a 95% confidence interval for the slope. ( , )

worker  wages   los     size
1       40.3113 27      Large
2       55.107  27      Small
3       38.1058 74      Small
4       57.7219 83      Small
5       46.6771 27      Large
6       64.063  58      Small
7       65.6169 87      Large
8       73.3311 42      Large
9       61.8764 62      Large
10      52.0509 92      Small
11      78.268  134     Large
12      58.1432 59      Small
13      51.496  68      Small
14      55.2003 72      Large
15      52.1955 128     Large
16      42.2665 113     Large
17      48.5818 96      Large
18      49.8846 51      Small
19      39.0531 56      Large
20      40.1526 117     Large
21      74.4147 76      Large
22      45.492  22      Small
23      39.3931 57      Large
24      37.4409 25      Small
25      66.5625 60      Large
26      38.8955 75      Small
27      70.8136 55      Small
28      39.0265 51      Large
29      78.9962 37      Large
30      44.2759 26      Large
31      39.0486 96      Small
32      79.9377 22      Large
33      38.7287 19      Large
34      42.7196 58      Small
35      51.7346 173     Large
36      50.1328 51      Large
37      52.5434 60      Large
38      72.3328 60      Small
39      37.8399 17      Large
40      79.01   98      Small
41      39.8978 93      Small
42      37.1881 61      Small
43      63.8586 21      Large
44      40.4427 128     Small
45      46.6364 53      Large
46      48.2918 46      Small
47      81.2156 140     Large
48      72.4205 20      Large
49      62.0451 125     Small
50      39.365  99      Large
51      69.575  43      Large
52      44.5857 70      Large
53      45.8328 99      Large
54      57.3187 89      Small
55      46.0313 28      Small
56      65.1028 68      Large
57      37.0506 129     Small
58      70.767  80      Large
59      50.7659 112     Small
60      61.0656 103     Large

1. A study regarding the relationship between age and the amount of pressure sales personnel feel in relation to their jobs revealed the following sample information. At the 0.10 significance level, is there a relationship between job pressure and age.

  Degree of job pressure

Age (Years) Low Medium High

Less than 25 67 61 60

25 up to 40 43 40 46

40 up to 60 63 52 62

60 up to older 32 22 27