Find the measures of center for following. Data Frequency 30 - 34 11 35 - 39 18 40 - 44 13 45 - 49 9 50 - 54 8 55 - 59 5 60 - 64 3 65 - 69 0 70 - 74 2

On January 1, Year 1, Jing Company purchased office equipment that cost $15,700 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $1,800. The equipment had a five-year useful life and a $6,200 expected salvage value. Assume that Jing Company earned $21,400 cash revenue and incurred $13,500 in cash expenses in Year 3. The company uses the straight-line method. The office equipment was sold on December 31, Year 3 for $10,400. What is the company’s net income (loss) for Year 3?

• ($1,620)

• $5,320

• $2,820

• $4,680

Comprehensive Accounting Cycle Review 11-2 (Part Level Submission)

Karen Noonan opened Metlock Inc. on February 1, 2017. During February, the following transactions were completed:

a.) Journalize the February transactions.

b.) Post to Ledger Accounts

c.) Prepare Trial Balance

The following​ table, contains annual returns for the stocks of ABC Corp. ​(ABC ​) and XYZ Corp. ​(XYZ ​). The returns are calculated using​ end-of-year prices​ (adjusted for dividends and stock​ splits). Use the information for ABC Corp. ​(ABC ​) and XYZ Corp. ​(XYZ ​) to create an Excel spreadsheet that calculates the average returns over the​ 10-year period for portfolios comprised of ABC and XYZ using the​ following, respective,​ weightings: (1.0,​ 0.0), (0.9,​ 0.1). The average annual returns over the​ 10-year period for ABC and XYZ are 15.33 ​% and 13.04 ​% respectively.​ Also, calculate the portfolio standard deviation over the​ 10-year period associated with each portfolio composition. The standard deviation over the​ 10-year period for ABC Corp. and XYZ Corp. and their correlation coefficient are 25.33 ​%, 23.42 ​%, and 0.84285 respectively. ​(Hint​: Review Table​ 5.2.) Enter the average return and standard deviation for a portfolio with​ 100% ABC Corp. and​ 0% XYZ Corp. in the table below.

Year   ABC Returns   XYZ Returns
2005   -3.5%   17.3%
2006   1.9%   -8.1%
2007   -31.6%   -26.7%
2008   -10.3%   -3.2%
2009   30.2%   9.9%
2010   26.5%   10.1%
2011   22.8%   4.8%
2012   52.4%   43.8%
2013   35.6%   42.3%
2014   29.3%   40.2%

Enter the average return and standard deviation for a portfolio with​ 100% ABC Corp. and​ 0% XYZ Corp. in the table below.  ​(Round to two decimal​ places.)
Enter the average return and standard deviation for a portfolio with​ 90% ABC Corp. and​ 10% XYZ Corp. in the table below.  ​(Round to two decimal​ places.)

An automobile repair shop is concerned about customer satisfaction in terms of the entire experience customers receive from the repair shop. In order to quantify the customer experience, three critical service characteristics have been identified:

Complaints of a failure to fix the vehicle.

Delay beyond the promised pickup time.

Complaints of damage to the inside/outside of the vehicle during repair.

A level of zero defects is the long-term goal. In order to address this goal, statistics have been collected over the past few months regarding these critical characteristics (see Table).

(A)Based on the Pareto principal, what would be the strategy for decreasing the total number of defects? (

B) With respect to the number of delays from promised completion time, does the process appear in-control? Assuming that special causes can be eliminated, what is the best estimate of the process capability?

(C) How is the process performing with respect to the number of items not fixed properly? What is the process capability?

(A)Number of Vehicles in sample

(B) Number of items not fixed properly

(C) Number of delays from promised completion times

(D)Number of damaged items in repair

Ewing Company sells household furniture. Customers who purchase furniture on the installment basis make payments in equal monthly installments over a two-year period, with no down payment required. Ewing's gross profit on installment sales equals 40% of the selling price of the furniture.

For financial accounting purposes, sales revenue is recognized at the time the sale is made. For income tax purposes, however, the installment method is used. There are no other book and income tax accounting differences, and Ewing's income tax rate is 20%.

If Ewing's December 31, 2021, balance sheet includes a deferred tax liability of $900,000 arising from the difference between book and tax treatment of the installment sales, it should also include installment accounts receivable of

Martin MFG company uses balance sheet approach to calculate allowance for doubtful accounts and bad debt expense. Current policy is to reserve 20% gross accounts receivable as an allowance for uncollectible accounts.

Martin MFG company issued 10% stated rate bonds in 2020. Effective market rate of interest for these bonds is 8%.

Select all statements that are true regarding the information above. Ignore taxes and any cost of goods sold.

Reducing the percentage of gross accounts receivable reserved in the allowance for uncollectible accounts will increase net income

Increasing the percentage of gross accounts receivable reserved in the allowance for uncollectible accounts will increase net income

Reducing the amount of accounts receivable written off by $1,000 will increase net income

Increasing the amount of accounts receivable written off by $1,000 will increase net income

If given option to deliver inventory in either 2020 or 2021 waiting to deliver inventory to customers until 2021 will increase revenue in 2020

If given option to deliver inventory in either 2020 or 2021 delivering inventory to customers in 2020 will increase revenue in 2020

Using income statement approach to calculate bad debt expense will always result in lower bad debt expense versus the balance sheet approach

Using direct write off method to calculate bad debt expense will always result in lower bad debt expense versus the balance sheet approach

Increasing the stated rate of the bonds would have increased the price of the bonds at issuance

Increasing the market rate used to price the bonds would have increased the price of bonds at issuance

Present value of bonds issued is higher than face value

Present value of bonds issued is lower than face value