Many female undergraduates at four-year colleges switch from STEM majors into disciplines that are not science-based, thereby contributing to the underrepresentation of women in STEM fields. When female undergrads switch majors, are their reasons different from those of their male counterparts? This question was investigated in Science Education. A sample of 335 junior/senior undergraduates- 172 females and 163 males- at two large research universities were identified as “switchers”, that is they left a declared STEM major for a non-STEM major. Each student listed one or more factors that contributed to the switching decision.
(a) Of the 172 females in the sample, 74 listed lack or loss of interest in STEM (i.e., “turned off” by science) as a major factor, compared to 72 of the 163 males. Conduct a test (at α = .10) to determine whether the proportion of female switchers who give “lack of interest in STEM” as a major reason for switching differs from the corresponding proportion of males.
(b) Thirty–three of the 172 females in the sample indicated that they were discouraged or lost confidence because of low grades in STEM during their early years, compared to 44 of 163 males. Construct a 90 % confidence interval for the difference between the proportions of female and male switchers who lost confidence due to low grades in STEM. Interpret the result.
In: Statistics and Probability
1.
Accounts payable (a
.k.a. trade accounts payable) is the account credited when goods or services are purchased on
open account (meaning payment has been delayed - often due in 30 days).
a.
Explain the following: 1.5/10, n/30
b.
In the above example, what is the effective interest rate earned by taking advantage of the discount
(paying before the 30 days).
2.
Explain the difference between accounts Payable and notes Payable
.
3.
Explain the difference between an interest bearing note and a non-interest bearing note
.
4.
What is the difference between
unearned revenue
(sales) and
revenue
. Prepare the journal entry for each of the
following:
a.
Sold $15,000 of product in a cash sale.
b.
Received $15,000 payment in advance from customer for product to be shipped in 20 d
In: Accounting
Stock Market Valuation and Success - IPO
The business I’ve chosen is DocuSign Inc (DOCU). The company makes software for digitally signing documents, and has been on CNBC’s list of startups revolutionizing the technology industry three times. They went public in April 2018 after raising $629.3 million in IPO. The stock opened at $38 per share, above the estimates of between $24 and $26 per share, and closed at $39.73 per share. DocuSign planned to offer 16.1 million shares but initially sold 21.7 million shares giving them a total of 152.1 million shares, valuing the company at $4.41 billion, which is above the original $3 billion valuation estimated. The IPO money has been spent on major investments in infrastructure and security, and creating a company culture that’ll attract top talent (Novet, 2018).
The market at the time seemed very favorable for the tech company’s. DocuSign was the eighth cloud based company to go public in 2018 following Dropbox and Zscaler Inc. In recent years leading up to going public in 2018 the company struggled with revenue loss, but its revenue has risen 39% overall. The revenue losses have been $52 million for the fiscal year ending 2017, $115 million in 2016, and $123 million in 2015. In good news for shareholders the revenue in fiscal year 2019 was over $700 million and the company grew 35%. There was some fear the company may not be profitable in the future because most of their revenue is from customer subscriptions, but they’ve done a good job at partnering with companies to use their services creating more revenue, and more profit value for shareholders (Bary, 2018).
For Chegg: explain whether you agree or disagree with the above assessments of my Selected IPO that occurred in the last five years . Can you identify additional economic and market factors that may have influenced the results of the IPO?
In: Finance
1. In the 1970s, the United States federal government created a Department of Energy. This is a time when the OPEC (Organization of Petroleum Exporting Countries) cartel first became prominent. Identify how this action might have impacted the three major macroeconomic goals of our economy.
2. Suppose you live in a community of 100 people where everyone is able and seeks to work. If 80 people are over 16 years old and 72 of them are employed, what is the unemployment rate in this community?
3. What are the three major types of unemployment? What are their causes?
4. What is the business cycle? Explain the four phases of the business cycle.
5. Suppose a consumer buys 10 units of good X and 20 units of good Y every year. The following table lists the prices of goods X and Y in the years 2005-2007. Assume that these two goods constitute the typical market basket. Calculate the price indices for these years with 2005 as the base year. Comment on the inflation picture for these years.
|
Year |
Good X |
Good Y |
|
2005 |
$3 |
$6 |
|
2006 |
4 |
7 |
|
2007 |
4.5 |
7.5 |
In: Economics
Pharoah Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Pharoah showed Cash of $5,000 and Owner’s Capital of $5,000.
|
May 1 |
Purchased merchandise on account from Braun's Wholesale Supply $4,500, terms 2/10, n/30. |
|
|
2 |
Sold merchandise on account $2,400, terms 1/10, n/30. The cost of the merchandise sold was $1,000. |
|
|
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 $2,400 on May 2. |
|
|
10 |
Paid Braun's Wholesale Supply in full, less discount. |
|
|
11 |
Purchased supplies for cash $400. |
|
|
12 |
Purchased merchandise for cash $1,300. |
|
|
15 |
Received refund for poor quality merchandise from supplier on cash purchase $100. |
|
|
17 |
Purchased merchandise from Valley Distributors $1,200, FOB shipping point, terms 2/10, n/30. |
|
|
19 |
Paid freight on May 17 purchase $120. |
|
|
24 |
Sold merchandise for cash $3,300. The merchandise sold had a cost of $2,000. |
|
|
25 |
Purchased merchandise on account from Lumley, Inc. $750, FOB destination, terms 2/10, n/30. |
|
|
27 |
Paid Valley Distributors in full, less discount. |
|
|
29 |
Made refunds to cash customers for defective merchandise $60. The returned merchandise had a fair value of $40. |
|
|
31 |
Sold merchandise on account $1,500, terms n/30. The cost of the merchandise sold was $500. |
Pharoah 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.
Instructions.
-Journalize the transactions using a perpetual inventory system.
-Enter the beginning cash and capital balances and post the transactions.
-Prepare an income statement through gross profit for the month of May 2020.
In: Accounting
Renner Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Renner showed Cash of $4,610 and Owner’s Capital of $4,610.
| May 1 | Purchased merchandise on account from Braun's Wholesale Supply $4,200, terms 2/10, n/30. | |
| 2 | Sold merchandise on account $2,100, terms 2/10, n/30. The cost of the merchandise sold was $1,250. | |
| 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 $2,100 on May 2. | |
| 10 | Paid Braun's Wholesale Supply in full, less discount. | |
| 11 | Purchased supplies for cash $380. | |
| 12 | Purchased merchandise for cash $1,500. | |
| 15 | Received refund for poor quality merchandise from supplier on cash purchase $150. | |
| 17 | Purchased merchandise from Valley Distributors $1,300, FOB shipping point, terms 2/10, n/30. | |
| 19 | Paid freight on May 17 purchase $160. | |
| 24 | Sold merchandise for cash $3,420. The merchandise sold had a cost of $2,210. | |
| 25 | Purchased merchandise from Lumley, Inc. $580, 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 $1,480, terms n/30. The cost of the merchandise sold was $580. |
Renner 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.
Journalize the transactions using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
In: Accounting
UPDATED , NEED ASAP
Renner Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Renner showed Cash of $4,610 and Owner’s Capital of $4,610.
| May 1 | Purchased merchandise on account from Braun's Wholesale Supply $4,200, terms 2/10, n/30. | |
| 2 | Sold merchandise on account $2,100, terms 2/10, n/30. The cost of the merchandise sold was $1,250. | |
| 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 $2,100 on May 2. | |
| 10 | Paid Braun's Wholesale Supply in full, less discount. | |
| 11 | Purchased supplies for cash $380. | |
| 12 | Purchased merchandise for cash $1,500. | |
| 15 | Received refund for poor quality merchandise from supplier on cash purchase $150. | |
| 17 | Purchased merchandise from Valley Distributors $1,300, FOB shipping point, terms 2/10, n/30. | |
| 19 | Paid freight on May 17 purchase $160. | |
| 24 | Sold merchandise for cash $3,420. The merchandise sold had a cost of $2,210. | |
| 25 | Purchased merchandise from Lumley, Inc. $580, 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 $1,480, terms n/30. The cost of the merchandise sold was $580. |
Renner 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.
Journalize the transactions using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
In: Accounting
P5-2B
Boone Hardware Store completed the following merchandising transactions in
the month of May. At the beginning of May, the ledger of Boone showed Cash of
$5,000 and Owner's Capital of $5,000.
May
1
Purchased merchandise on account from Adewale's Wholesale Supply
$4,200, terms 2/10, n/30.
2
Sold merchandise on account $2,100, terms 1/10, n/30. The cost of the
merchandise sold was $1,300.
5
Received credit from Adewale's Wholesale Supply for merchandise
returned $300.
9
Received collections in full, less discounts, from customers billed on
sales of $2,100 on May 2.
10
Paid Adewale's Wholesale Supply in full, less discount.
11
Purchased supplies for cash $400.
12
Purchased merchandise for cash $1,400.
15
Received refund for poor quality merchandise from supplier on cash
purchase $150.
17
Purchased merchandise from Agbaje Distributors $1,300, FOB
shipping point, terms 2/10, n/30.
19
Paid freight on May 17 purchase $130.
24
Sold merchandise for cash $3,200. The merchandise sold had a cost of
$2,000.
25
Purchased merchandise from Somerhalder, Inc. $620, FOB destination,
terms 2/10, n/30.
27
Paid Agbaje Distributors in full, less discount.
29
Made refunds to cash customers for defective merchandise $70. The
returned merchandise had a fair value of $30.
31
Sold merchandise on account $1,000 terms n/30. The cost of the
merchandise sold was $560.
Boone 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.
Instructions
(a)
Journalize the transactions using a perpetual inventory system.
(b)
Enter the beginning cash and capital balances and post the transactions.
(Use J1 for the journal reference.)
(c)
Prepare an income statement through gross profit for the month of May
2012.
In: Accounting
Analyze and evaluate sensitivity analysis for different financial models, including the Yield Curve and its usefulness in predicting recessions. Did the Yield Curve from 2004 through 2007 predict the Great Recession of 2008 – 2010? Based on the current Yield Curve, detail your prediction for the U.S. economy for the next two years.
In: Finance
WH Corporation issued bonds on January 1, 2004. The bonds have a coupon rate of 8.0%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1, 2024. What is the yield to maturity for an SWH Corporation bond on January 1, 2018 if the market price of the bond on that date is $986?
In: Finance