Questions
Red Robin Messenger Service is incorporated on January 2 and enters into the following transactions during...

Red Robin Messenger Service is incorporated on January 2 and enters into the following transactions during its first month of operations:

January 2: Filed articles of incorporation with the state and issued 100,000 shares of capital stock. Cash of $100,000 is received from the new owners for the shares.

January 4: Signed a three-year promissory note at Third State Bank in the amount of $59,000.January 3: Purchased a warehouse and land for $89,000 in cash. An appraiser values the land at $20,000 and the warehouse at $69,000. If an amount box does not require an entry, leave it blank.

January 6: Purchased five new delivery trucks for a total of $45,000 in cash.

January 31: Performed services on account that amounted to $15,900 during the month.

January 31: Established an open account at a local service station at the beginning of the month. Purchases of gas and oil during January amounted to $3,230. Red Robin has until the 10th of the following month to pay its bill.January 31: Cash amounting to $7,490 was received from customers on account during the month.

Part 1.

Red Robin Messenger Service
Trial Balance
January 31
Debit Credit
$ $
Totals $ $

2. Prepare a trial balance at January 31. If an amount box does not require an entry, leave it blank.

Red Robin Messenger Service
Trial Balance
January 31
Debit Credit
$ $
Totals $ $

3. Prepare an income statement for the month of January 31.

Red Robin Messenger Service
Income Statement
For the Month of January
Service revenue $
Gas and oil expense
Net income $

4. Prepare a classified balance sheet at January 31.

Red Robin Messenger Service
Balance Sheet
January 31
Assets
Current assets:
Cash $
Accounts receivable
Total current assets $
Property, plant, and equipment:
Delivery trucks $
Warehouse
Land
Total property, plant, and equipment
Total assets $
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $
Long-term debt:
Notes payable
Total liabilities $
$
Total stockholders' equity
Total liabilities and stockholders' equity $

In: Accounting

Explain the differences between beer, ale, wine (red and white), brandy, and scotch? What effect does...

Explain the differences between beer, ale, wine (red and white), brandy, and scotch? What effect does alcohol have on the body and why was alcohol more important, health wise in the early history of man than water? Why is alcohol a problem in our society today?

In: Biology

Explain the differences between beer, ale, wine (red and white), brandy, and scotch? What effect does...

Explain the differences between beer, ale, wine (red and white), brandy, and scotch? What effect does alcohol have on the body and why was alcohol more important, health-wise in the early history of man than water? Why is alcohol a problem in our society today?

In: Biology

A cancer researcher wonders if there is a relationship between rates of death from skin cancer...

A cancer researcher wonders if there is a relationship between rates of death from skin cancer and latitude of residence. She collects data from each of the contiguous U.S. states: the state’s approximate latitude (measured at the center of the state) and the number of deaths from skin cancer out of every 1 million people in the state. Here is a summary of her findings: Latitude: AVG = 39.5 degrees, SD = 4.6 degrees Deaths per million: AVG = 15.3 people, SD = 3.3 people r = -0.82 A scatterplot of the two variables was football shaped.

(a) Predict the number of deaths per million people in each of the following states. Oregon (latitude = 44 degrees): predicted deaths = _____________ per million Florida (latitude = 28 degrees): predicted deaths = _____________ per million Utah (latitude = 39.5 degrees): predicted deaths = _____________ per million

(b) Each of the above predictions is subject to error. The typical size of these errors is about _____________ per million.

(c) Suppose one of the states is at the 80th percentile of both latitude and number of cancer deaths. Relative to what would be predicted by regression, this state’s number of cancer deaths is (circle one) lower than predicted about what is predicted higher than predicted Explain your reasoning. You might want to draw a picture.

(d) Fill in the blank: To make a conclusion based on this study about an individual’s risk of skin cancer based on their latitude would be an example of the _________________ fallacy.

In: Statistics and Probability

This is our final week and this module takes a look at the future of healthcare....

This is our final week and this module takes a look at the future of healthcare. For your discussion question this week, you get to be the predictive expert. Conduct research and use it to defend your predictions about the healthcare industry. What do you think are going to be the most pressing trends for the success of healthcare organizations in the context of financial sustainability?

Name 3-4 key trends. Explain why you think they are vital and how the industry will be changed by these.

In: Economics

The authors of a paper describe an experiment to evaluate the effect of using a cell...

The authors of a paper describe an experiment to evaluate the effect of using a cell phone on reaction time. Subjects were asked to perform a simulated driving task while talking on a cell phone. While performing this task, occasional red and green lights flashed on the computer screen. If a green light flashed, subjects were to continue driving, but if a red light flashed, subjects were to brake as quickly as possible. The reaction time (in msec) was recorded. The following summary statistics are based on a graph that appeared in the paper. n = 61 x = 530 s = 75 (a) Assuming that this sample is random/representative of the population, what other assumptions need to be true before we can create a confidence interval? Yes, because the population distribution is normal. No, because n < 30 No, because either np̂ < 10 or n(1−p̂) < 10 Yes, because np̂ ≥ 10 and n(1−p̂)≥ 10 Yes, because n ≥ 30 No, because the population distribution is not normal. Changed: Your submitted answer was incorrect. Your current answer has not been submitted. (b) Construct a 98% confidence interval for μ, the mean time to react to a red light while talking on a cell phone. (Round your answers to three decimal places.) , (c) Interpret a 98% confidence interval for μ, the mean time to react to a red light while talking on a cell phone. We are % confident that the mean time to react to a is between and milliseconds. (d) Suppose that the researchers wanted to estimate the mean reaction time to within 5 msec with 95% confidence. Using the sample standard deviation from the study described as a preliminary estimate of the standard deviation of reaction times, compute the required sample size. (Round your answer up to the nearest whole number.) n = You may need to use the appropriate table in Appendix A to answer this question.

In: Statistics and Probability

Question: One criticism often heard about economics is that the models we use are unrealistic: in...

Question: One criticism often heard about economics is that the models we use are unrealistic: in seeking t...

One criticism often heard about economics is that the models we use are unrealistic: in seeking to keep the scope of our work more manageable by making certain assumptions or ignoring certain details, we may oversimplify the situation.

  1. Write one paragraph on whether you agree or disagree with this criticism.

Why do we use models at all, and how should we balance the need for simplicity with the need for accuracy?

  1. Write one paragraph explaining what makes a good model.

Find an example of a model (in economics or elsewhere) in the real world and explain if you think your example strikes the right balance between details and simplification of use.

  1. Using your model, found in an academic journal article, write one paragraph explaining the model and the degree of usefulness (any strengths or weaknesses).

WRITE IN YOUR OWN WORD PLZ dont copy another answer the was answered before thank you!

In: Economics

Lesson 3.3 DB - Wages and Supply and Demand Please answer both questions to receive full...

Lesson 3.3 DB - Wages and Supply and Demand

Please answer both questions to receive full credit for this assignment.  Use your Unit 3 Notes Guide to help you craft your answers.  Be sure to remember to use economic evidence from the lesson to support your opinion.

1. How do we decide how much each person in society should be paid? Why do some jobs receive high wages while others do not? Do wages reflect what types of jobs our society values?

2. View the supply and demand graph below. Analyze how jobs are affected by supply and demand. In the last five months, we've senn a lot in the news about supply, demand and unemployment.  

Using what you know about supply and demand and labor, explain how changes in supply and demand couple impact employment and jobs.

   

35 35

In: Economics

Lesson 3.3 DB - Wages and Supply and Demand Please answer both questions to receive full...

Lesson 3.3 DB - Wages and Supply and Demand

Please answer both questions to receive full credit for this assignment.  

Use your Unit 3 Notes Guide to help you craft your answers.  

Be sure to remember to use economic evidence from the lesson to support your opinion.

1. How do we decide how much each person in society should be paid? Why do some jobs receive high wages while others do not? Do wages reflect what types of jobs our society values?

2. View the supply and demand graph below. Analyze how jobs are affected by supply and demand. In the last five months, we've seen a lot in the news about supply, demand and unemployment.  

Using what you know about supply and demand and labor, explain how changes in supply and demand couple impact employment and jobs.

   

In: Economics

B. Theorems--True or False? For each proposition, considered independently: (a) State whether True or False. (b)...

B. Theorems--True or False?

For each proposition, considered independently: (a) State whether True or False. (b) Then explain your answer. Define the important terms in your explanation. You may use graphs in your answers.

B1. A country's potential output can increase while its actual output decreases.

B2. China will likely surpass the United States in per-capita GDP before it surpasses the United States in GDP itself.

In: Economics