Question 5 of 8 The Wechsler Adult Intelligence Scale (IQ test) is constructed so that Full Scale IQ scores follow a normal distribution, with a mean of 100, and a standard deviation of 15. Dr.Smartyskirt is a University professor and believes that university professors are smarter than the national average and wants to use it (the intelligence of the professors) as a marketing tool to bring new students to the University. A researcher is hired to conduct a study to determine whether University professors, on average, have higher Full Scale IQs than the population. A random sample of 100 professors from various Universities were given the IQ test and were found to have an average Full Scale IQ of 140. Which hypothesis test should be used to determine whether the mean Full Scale IQ score of the professors is higher than the national average? z-test for the population mean, t-test for the population mean, z-test for the population proportion, t-test for the population proportion

Question 6 of 8 What are the null and alternative hypotheses? H0: μ = 100 Ha: μ > 100 H0: μ = 100 Ha: μ ≠ 100 H0: μ = 140 Ha: μ > 140 H0: μ = 140 Ha: μ ≠ 140

Question 7 of 8 What is the value of the test statistic used to determine whether the mean Full Scale IQ score of the University professors is higher than the national average? 26.67 -26.67 2.67 -2.67

Question 8 of 8 After analyzing the data to determine whether the mean Full Scale IQ score of the University professors is higher than the national average, the P-value of < .00001 was obtained. Using a .05 significance level, what conclusion can be drawn from the data?

Reject the null hypothesis. The average Full Scale IQ of the University professors is higher than the population average. Do not reject the null hypothesis. The average Full Scale IQ of the University professors is not higher than the population average.

Do not reject the null hypothesis. The average Full Scale IQ of the University professors is higher than the population average.

Reject the null hypothesis. The average Full Scale IQ of the University professors is not higher than the population average.

1. Here is a selection from an abstract of a recent study entitled “The effect of health insurance coverage on the use of medical services” by Michael Anderson, Carlos Dobkin, and Tal Gross (2010). NBER Working paper No. 15823.

Substantial uncertainty exists regarding the causal effect of health insurance on the utilization of care. Most studies cannot determine whether the large differences in healthcare utilization between the insured and the uninsured are due to insurance status or to other unobserved differences between the two groups. In this paper, we exploit a sharp change in insurance coverage rates that results from young adults “aging out” of their parents’ insurance plans to estimate the effect of insurance coverage on the utilization of emergency department (ED) and inpatient services. [In the US, children are eligible for insurance coverage through their parents’ insurance only up to their 23rd birthday, at which point they lose eligibility.] Using the National Health Interview Survey (NHIS) and a census of emergency department records and hospital discharge records from seven states, we find that aging out results in an abrupt 5 to 8 percentage point reduction in the probability of having health insurance. We find that not having insurance leads to a 40 percent reduction in ED visits and a 61 percent reduction in inpatient hospital admissions.

1. What two groups are being compared in this study?
2. Identify at least one important methodological difference between the design of this study and the RAND HIE. Give a hypothetical reason why this difference would bias the results.
3. Are the findings of this study generally consistent with the findings from the Oregon Medicaid Experiment?

The following three entities make up an economic group as follows:

Apple Ltd purchased 60% of the shares totalling $65,000 in Banana Ltd and Banana Ltd wholly owns Cherry Ltd which was purchased for $52,000. Both investments were acquired on 1 July 2018. On this date, shareholders’ equity was valued at:

The financial statements of the entities within the group at 30 June 2020 are as follows:

Apple Ltd:

Banana Ltd:

Cherry Ltd:

The tax rate is 30%. All non-controlling interest are valued at the proportionate share of the acquiree’s identifiable net assets. Inventory on hand at 30 June 2020 included goods obtained from within the group as follows:

-Apple Ltd purchased from Banana Ltd, sale price was $10,000 and cost $7,500.

-Apple Ltd purchased from Cherry Ltd, sale price was $20,000 and cost $18,500.

-Banana Ltd purchased from Cherry Ltd, sale price was $15,000 and cost $13,800.

The directors had applied the impairment test for goodwill annually and determined that a write-down of $3,090 is required for consolidation purposes at 30 June 2020 (write-down of goodwill in Banana Ltd is $440 and write-down of goodwill in Cherry Ltd is $2,650) with the same amounts deemed to be attributable for the prior period. All debentures (including the debenture from Cherry Ltd to Banana Ltd) is due 30 June 2030.

Required:

In the space provided - show goodwill calculation

Tuxedo Company (a U.S. based company) acquired 100% of a Swiss company, Roche AG, for 8.2 million Swiss francs on December 30, Year 1.  At the date of acquisition, the exchange rate was $0.60 per franc.   The acquisition price is attributable to the flowing assets and liabilities denominated in Swiss francs:

Tuxedo Corporate prepares consolidated financial statements on December 31, Year 1.  By that date, the Swiss franc appreciated to $0.65.  Because of the year-end holidays, no transactions took place between the date of acquisition and the end of the year.  

Assignment:

1. Determine the translation adjustment to be reported on Tuxedo’s December 31, Year 1 consolidated financial statements, assuming that the Swiss franc is used to pay local wages, set sales price, and is borrowed locally.  Where would the adjustment be located in the financial statements?
   
2. Determine the translation adjustment to be reported on Tuxedo’s December 31, Year 1 consolidated financial statements, assuming that the U.S. dollar is used to pay local wages, set sales price, and there is a high volume of transactions between Tuxedo and Roche.  Where would the adjustment be located in the financial statements?

(TANGIBLE ASSETS) On January 1, 2017, the Morgantown Company purchased equipment with an original cost of $30,000. It estimates a 10 year-life with no salvage value. The company uses straight-line depreciation method. However during year 3 (year 2020), Morgantown Company estimates that it will use the machine for an additional 9 years.

Required: Compute the revised annual depreciation and prepare the journal entries on December 31, 2020.

1. Explain interview methods and the areas of concern in conducting them. Give example for each method.

2. APA and MLA are the two common styles of writing your research work. Explore from website the two methods and explain why it is important to maintain these formats.

Answer both Questions

no pic or hand writing

course name : Accounting research and practice

As at 1st January, 2017, the spot exchange rate between the U.S. dollar and Japanese Yen was trading at $1.00 equivalent to ¥100. The local bank offered the Company to exchange $1.00 for ¥102 on 31st December, 2017. The Interest rates on one year government bonds were 6% in U.S. and 10% in Japan. The company can borrow and lend at the risk-free rate on government bonds. As an Investment Advisor you have been approached for advice by the CEO on the most profitable option that he should take: Under option 1, he is contemplating borrowing in dollars on 1 st January, exchange for Yen, enter into a forward contract to exchange Yen for dollars in one year, and invest the Yen for one year. The second option entails borrowing in Yen on January 1, exchange for dollars, enter into a forward contract to exchange dollars for Yen in one year, and invest the dollars for one year. Required: With the help of detailed explanations and steps, advise the CEO on the most profitable option that the company must take.

You have been hired as a consultant for ABC Corporation which produces models X, Y, and Z. The CEO tells you that their cost system indicated that they were losing money on their highest end model, which is model X. Due to that information, ABC Corporation dropped model X the previous year. During the current year, ABC Corporation is only producing models Y and Z. However, the preliminary numbers are showing that the profit for ABC Corporation is actually lower after dropping model X and now the cost system is indicating that they are losing money on model Y even though the prices, volumes, and direct costs are the same. Explain to the CEO some of the possible reasons that dropping model X caused a reduction in profits. Also, explain some of the possible actions the company should take going forward. Would dropping model Y benefit the company in any way? Is it possible that producing a product that is unprofitable by itself actually beneficial to the company overall?  

Question 3: 10 marks: The CEO of your company has come up through the ranks of production and operations management. You greet him in the lift one morning and he comments that the company profits are down, therefore he expects to see an improvement in sales this month. He says that you, as head of marketing, must get everyone out there to convince the customers to buy the company’s products. His comments concern you because you know that Marketing isn’t only about selling. You decide to request a meeting in which you will briefly explain to the CEO. “What exactly is Marketing and how does it benefit the company?”Limit your answer to a definition of marketing, a description of customer needs, wants and demands, and a brief commentary on what is meant by ‘customer value and satisfaction’.

Question2: 10 marks: Name, provide definition and discuss four major sets of variables that might be used in segmenting consumer markets. Provide an example for each variable

Physical Assessment interview guide: Head, Eyes,Ears,Nose, and Throat