Journal Entries. Record the following entries for November transactions that occurred between the Syracuse Co., as the seller making the sales, and the Beecher Co., the buyer, making the purchases. Use the perpetual method. Make a journal entry for all date.

Nov. 2 Syracuse Co., sold merchandise on account to Beecher Co., $16,000, terms FOB shipping point, 2/10, n/30. Freight charges of $375 were paid by the Syracuse Co., and added to the invoice. The cost of the merchandise sold was $10,000.

Nov. 8 Syracuse Co., sold merchandise on account to Beecher Co., for $24,750, terms FOB destination, with credit terms of 1/15, n/eom. The cost of the merchandise sold was $14,850.

Nov. 8 Syracuse Co., paid freight of $640 for delivery of merchandise sold to Beecher So., on November 8.

Nov. 12 Beecher Co., returned $5,750 of merchandise purchased on account on November 8 from Syracuse Co. The cost of merchandise returned was $3,000.

Nov. 12 Beecher Co., paid Syracuse Co., for purchased of November 2, less discount.

Nov. 23 Beecher Co., paid Syracuse Co, for purchase of November 8, less discount and less return of November 12.

Nov. 24 Syracuse Co., sold Beecher Co., merchandise on account, $13,200 terms FOB shipping point n/eom. The cost of merchandise sold was $8,000.

Nov. 26 Beecher Co., paid freight of $290 on November 24 purchase from Syracuse Co.

Nov. 30 Beecher Co., paid Syracuse Co., on account for purchase of November 24

Critically evaluate the vision statement of American Express: “We work hard every day to make American Express the world’s most respected service brand”

If is the fact that 13.7% of American adults smoke cigarettes.

If 25 American adults were chosen at random, what is the probability that at most 7 of them smoked cigarettes?

and Medical manufactures lithotripters. Lithotripsy uses shock waves instead of surgery to eliminate kidney stones. Physicians’ Leasing purchased a lithotripter from Rand for $1,920,000 and leased it to Mid-South Urologists Group, Inc., on January 1, 2018. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1. How should this lease be classified by Mid-South Urologists Group and by Physicians' Leasing?
2. Prepare appropriate entries for both Mid-South Urologists Group and Physicians' Leasing from the beginning of the lease through the second rental payment on April 1, 2018. Adjusting entries are recorded at the end of each fiscal year (December 31).
3. Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which produced the machine at a cost of $1.6 million. Prepare appropriate entries for Rand Medical from the beginning of the lease through the second lease payment on April 1, 2018.

Complete this question by entering your answers in the tabs below.

1. How should this lease be classified by Mid-South Urologists Group and by Physicians' Leasing?

2. Prepare appropriate entries for both Mid-South Urologists Group and Physicians' Leasing from the beginning of the lease through the second rental payment on April 1, 2018. Adjusting entries are recorded at the end of each fiscal year (December 31). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in the millions of dollars. Round your answers to nearest whole dollars.)

Requested: Lessee Journal Entry

* Record Lease Jan 01, 2018

*Record Cash Payment Jan 01, 2018

*Record Cash Payment. April 01, 2018

Requested: Lesor Journal Entry

* Record Lease Jan 01, 2018

* Record cash received.  Jan 01, 2018

* Record cash received. April 01, 2018

3. Requested: Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which produced the machine at a cost of $1.6 million. Prepare appropriate entries for Rand Medical from the beginning of the lease through the second lease payment on April 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in the millions of dollars. Round your answers to nearest whole dollars.)

* Record Lease Jan 01, 2018

* Record cash received.  Jan 01, 2018

* Record cash received. April 01, 2018

The International League of Triple-A minor league baseball consists of 14 teams organized into three divisions: North, South, and West. Suppose the following data show the average attendance for the 14 teams in the International League. Also shown are the teams' records; W denotes the number of games won, L denotes the number of games lost, and PCT is the proportion of games played that were won.

(a)

Use α = 0.05 to test for any difference in the mean attendance for the three divisions.

State the null and alternative hypotheses.

H₀: μ_N = μ_S = μ_W
H_a: μ_N ≠ μ_S ≠ μ_WH₀: Not all the population means are equal.
H_a: μ_N = μ_S = μ_W    H₀: μ_N ≠ μ_S ≠ μ_W
H_a: μ_N = μ_S = μ_WH₀: μ_N = μ_S = μ_W
H_a: Not all the population means are equal.H₀: At least two of the population means are equal.
H_a: At least two of the population means are different.

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

State your conclusion.

Reject H₀. There is not sufficient evidence to conclude that the mean attendance values are not equal for the three divisions.Do not reject H₀. There is sufficient evidence to conclude that the mean attendance values are not equal for the three divisions.    Do not reject H₀. There is not sufficient evidence to conclude that the mean attendance values are not equal for the three divisions.Reject H₀. There is sufficient evidence to conclude that the mean attendance values are not equal for the three divisions.

(b)

Use Fisher's LSD procedure to determine where the differences occur. Use α = 0.05.

Find the value of LSD for each pair of divisions. (Round your answers to two decimal places.)

North and SouthLSD=North and WestLSD=South and WestLSD=

Find the pairwise absolute difference between sample attendance means for each pair of divisions. (Round your answers to the nearest integer.)

x_N − x_S

=

x_N − x_W

=

x_S − x_W

=

Which attendance means differ significantly? (Select all that apply.)

There is a significant difference in mean attendance between the North division and the South division.There is a significant difference in mean attendance between the North division and the West division.There is a significant difference in mean attendance between the South division and the West division.There are no significant differences.

3. In the table below you can find the earnings per share (EPS) and dividend per share (DPS) information for General Electric (GE) and General Motors (GM). For each company, please explain whether it is appropriate to use DDM to value the stock. (3 points)

Year   Company   EPS($)   DPS ($)
2001   GENERAL ELECTRIC CO   1.38   0.64
2002   GENERAL ELECTRIC CO   1.42   0.72
2003   GENERAL ELECTRIC CO   1.5   0.76

2004   GENERAL ELECTRIC CO   1.62   0.8
2005   GENERAL ELECTRIC CO   1.58   0.88
2006   GENERAL ELECTRIC CO   2.01   1
2007   GENERAL ELECTRIC CO   2.18   1.12

Year   Company   EPS($)   DPS ($)
2001   GENERAL MOTORS CO   1.78   2
2002   GENERAL MOTORS CO   3.37   2
2003   GENERAL MOTORS CO   7.24   2
2004   GENERAL MOTORS CO   4.97   2
2005   GENERAL MOTORS CO   -18.69   2
2006   GENERAL MOTORS CO   -3.5   1
2007   GENERAL MOTORS CO   -68.45   1

Electric Generator Corporation

The Electric Generator Corporation was founded in the early 1970s to develop and market electrical products for industrial and commercial markets. Recently, the company has developed a new electric generator, the EGI, with a revolutionary design. Although its initial cost is $2,000 higher than any competing generator, reduced maintenance costs will offset the higher purchase price within 18 months. The Electric Generator sales force has been instructed to concentrate all effort on selling this new generator, as the company believes it has a sales potential of $500 million.

Sandy Hart, the company's South Texas salesperson, has as her main customer the E. H. Zachary Construction Company of San Antonio, which is the largest nonunion construction firm in the world. Because of the importance of potential Zachary purchases of the EGI (estimated at $1 million), Sandy's boss asks her to take two days off and develop a plan for contacting and selling to Zachary. Monday morning, she is expected at the Houston regional sales office to present this plan to her boss, the regional sales manager, and the divisional sales manager. These two people will critique the presentation, and then the four of them will finalize a sales plan that Sandy will present to Zachary's buying committee.

Questions

1-What could Sandy have done differently?

2- What do you think about the current price?

Business Ethics is an online magazine with a strong heritage in the fields of ethics, governance, corporate responsibility and socially responsible investing. The mission of Business Ethics is to promote ethical business practices, to serve that growing community of professionals and individuals striving to work and invest in responsible ways. Go to Business Ethics find an article that interests you and related to the subject matter of this course. Outline the article and Discuss.

As reported in Runner’s World magazine, the times of the finishers in the New York City 10-km run are normally distributed with mean 61 minutes and standard deviation 9 minutes.
a.Determine the percentage of finishers who have times between 50 and 70 minutes.

b. Obtain and interpret the 40th percentile for the finishing times.

c. Find the middle 30% of the finishing times.