Sun City Limited commences construction of a multi-purpose water park on 1 July 2014 for Pretoria Limited. Sun City Limited signs a fixed-price contract for total revenues of $50 million. The project is expected to be completed by the end of 2017 and Pretoria Limited controls the asset throughout the period of construction. The expected cost as at the commencement of construction is $38 million. The estimated costs of a construction project might change throughout the project—in this example, they do change. The following data relates to the project (the financial years end on 30 June):
|
2015 ($m) |
2016 ($m) |
2017($m) |
|
|---|---|---|---|
|
Costs for the year |
10 |
18 |
12 |
|
Costs incurred to date |
10 |
28 |
40 |
|
Estimated costs to complete |
28 |
12 |
– |
|
Progress billings during the year |
12 |
20 |
18 |
|
Cash collected during the year |
11 |
19 |
20 |
Required
(a) Using the above data, compute the gross profit to be recognised for each of the three years, assuming that the outcome of the contract can be reliably estimated.
(b) Prepare the journal entries for the 2015 financial year using the percentage-of-completion method.
(c) Prepare the journal entries for the 2015 financial year, assuming the stage of completion cannot be reliably assessed.
In: Accounting
Much of Trail Ridge Road in Rocky Mountain National Park is over 12,000 feet high. Although it is a beautiful drive in summer months, in winter the road is closed because of severe weather conditions. Sustained gale-force winds (over 32 miles per hour and often over 90 miles per hour) occur on the average of 0.7 times every 56 hours at a Trail Ridge Road weather station.
(a) Let r = frequency with which gale-force winds occur in a given time interval. Explain why the Poisson probability distribution would be a good choice for the random variable r.
1) Frequency of gale-force winds is a common occurrence. It is reasonable to assume the events are independent.
2) Frequency of gale-force winds is a rare occurrence. It is reasonable to assume the events are dependent.
3) Frequency of gale-force winds is a common occurrence. It is reasonable to assume the events are dependent.
4) Frequency of gale-force winds is a rare occurrence. It is reasonable to assume the events are independent.
(b) For an interval of 106 hours, what are the probabilities that
r = 2, 3, and 4? What is the probability that r
< 2? (Use 2 decimal places for λ. Use 4 decimal places
for your answers.)
| P(2) | |
| P(3) | |
| P(4) | |
| P(r < 2) |
(c) For an interval of 173 hours, what are the probabilities that
r = 3, 4, and 5? What is the probability that r
< 3? (Use 2 decimal places for λ. Use 4 decimal places
for your answers.)
| P(3) | |
| P(4) | |
| P(5) | |
| P(r < 3) |
In: Statistics and Probability
Sunny Park Tailors has been asked to make three different types of wedding suits for separate customers. The table below highlights the time taken in hours for cutting and sewing? (process1) and delivery? (process2) of each of the suits.
|
Times Taken for Different Activities? (hours) |
||
|
Suit |
Cut and Sew |
Deliver |
|
11 |
44 |
22 |
|
22 |
77 |
77 |
|
33 |
66 |
55 |
Assume that orders for suits have been listed in the above table in the order in which they were received.
Using the FCFS rule for? scheduling,the sequence is:
The options are:
2-3-1
3-2-1
1-2-3
1-3-2
2-1-3
3-1-2
For the schedule developed using the FCFS? rule, the total length of time taken to complete the three suits?(including delivery)? = _____hours ?(enter your response as a whole? number).
Using? Johnson'srule for? 2-machinescheduling, the sequence is:
The options are:
2-3-1
1-3-2
3-2-1
3-1-2
1-2-3
2-1-3
For the schedule developed using the? Johnson's rule, the total length of time taken to complete the three suits? (including delivery)? = _______hours ?(enter your response as a whole? number).
Of the two developed? schedules,_______rule gets the schedule finished sooner.
The options are: FCFS or Johnsons
In: Operations Management
Q1.
James, a high school guidance counselor in South Park, Colorado, has purchased several corporate and government bonds over the years, and his total bond investments now exceeds $40,000. His kid brother Patrick, a highly paid physician, has more than $150,000 invested in various blue-chip income stocks in a variety of industries.
Q2.
Ji Wu of Troy, New York, has $5,000 that he wants to invest in the stock market. Ji is in college on a scholarship and does not plan to use the $5,000 or any dividend income for another five years, when he plans to buy a home. He is currently considering a small company stock selling for $25 per share with an EPS of $1.25. Last year, the company earned $900,000, of which $250,000 was paid out in dividends.
In: Economics
Use CPP
1) Parking charge application: A parking garage charges a $20.00 minimum fee to park for up to 3 hours. The garage charges an additional $5.00 per hour for hour or part thereof in excess of 3 hours. The maximum charge for any given 24-hour period is $50.00. Assume that no car parks for longer than 24 hours at a time. Write a program that calculates and prints the parking charge for each of 3 customers who parked their cars in this garage yesterday. You should enter the hours parked for each customer. Your program should save the result in a array of Customer. The class customer is the following:
class customer{ string plate; float hour; float fee; }
Your program should use the function calculateCharges to determine the fee for each customer. You should print the result for the 3 customers in the following format:
Plate Hours Charge
132AAC 1.5 20.00
236URT 4.0 25.00
390ROP 24.0 50.00
TOTAL 29.5 95.00
In doing this question make sure to keep the array of customer as global variable.
Please send me the screenshot of output too.
Thanks
In: Computer Science
Java.
Part 1 of 4 - Amusement Park Programming Project
Requirements:
Class:
Ticket – models admission tickets.
Instance Fields:
Constructors and Methods:
In: Computer Science
Case Scenario Mr Park is a heart patient who had a heart bypass recently. He has been the sole breadwinner in the family but ever since his heart bypass, he is not able to continue working. His wife is a homemaker and also his main caregiver. The couple has three children. Eldest son Ethan (aged 32), has recently gotten married and moved out. His relationship with his parents is amicable. However, he still relies heavily on his parents for financial support, as his employment is not stable. This creates a huge amount of stress on both Mr and Mrs Park as they themselves are worried about their financial situation, especially after Mr Park's heart bypass. Youngest son Mark (aged 18) is closest to the mother. He suffers from social phobia and does not attend school. His symptoms started around the time of Mr Park's discharge from hospital. He is of age to be enlisted for National Service (NS), but he might not be able to go through military training due to his psychological condition. Mindful of his condition, the parents give him a lot of space and make no demands of him. He plays computer games at home most of the time. Their second daughter Jill (aged 26) is currently the sole breadwinner of the family. She works as an administrative assistant and contributes some money to her parents. When she was 19, she quit university after her first semester and decided to start working because she felt that her eldest brother was continuing to rely on parents for financial support. She often will feel very angry that her parents depend on her so much and do not seem to insist that her eldest brother contribute. She also feels that her parents are over protective of her younger brother. There are constant quarrels between both patient and his wife over the issues of the children and also over care for him, at times escalating into shouting marathons. Two weeks ago, tired of all the fighting, they decided to stop talking altogether. Now, they are no longer quarrelling or shouting at each other, but instead are locked in a "cold war”. Soo words Guiding Questions Read the case scenario above. For the purpose of the reflection, imagine that this is your family, and that you are another son/daughter in this family. • 1. What, in your opinion, is contributing to the family situation? 2. How would you respond as a member of this family? 3. Why would you respond in the way(s) stated for Question 2 above? Explain. (500 words)
In: Psychology
In the early 20th century, the French Canadian microbiologist Félix d’Hérelle used a virus called a bacteriophage (“phage”) to successfully treat some diseases caused by bacteria, such as dysentery and cholera. Subsequent experiments with “phage therapy” yielded mixed results; however, and enthusiasm quickly waned—especially once antibiotics became available in the 1940s. The therapy is not currently approved in the United States.
Phage therapy involves obtaining a pure culture of a disease-causing bacterium and exposing samples of the culture to different phages to see which ones kill the bacterium. The successful phage is then administered to a patient. For skin infections, the phage is applied directly to the infected area. For systemic diseases, the phage may be given orally or delivered intravenously.
Imagine you are part of a hospital medical team conveyed to treat Jerry, a 71-year-old diabetic patient, who has been suffering from a persistent infection on his foot. His doctor has tried multiple topical antibiotics, but the infection continues to worsen, so the doctor admitted him to your hospital for a new intravenous antibiotic treatment. To Jerry’s relief, the infection cleared up; however, two weeks later, the infection returned—worse than ever. Jerry’s doctor explains that the bacterium causing the infection is a multidrug resistant strain and that Jerry’s foot will need to be amputated.
Jerry’s sister, a nurse, mentions that she studied bacteriophages and asks the doctor whether phage therapy is a treatment option.
As a member of Jerry’s medical team, answer these questions:
In: Nursing
5. Consider the following project data: A 2 million feasibility study will be conducted at t =0. If the study indicates potential, the firm will spend 10 million at t= 1 to build a prototype. The best estimate is that there is an 80% chance that the study will indicate potential and 20% chance that it will not. If reception of the prototype is good the firm will spend 350 million to build a production plant at t=2. The best estimate is that there is a 70% chance that the prototypes’ reception will be poor. If the plant is built, there’s a 60% chance of a t=3 cash inflow of 300 million and a 40% chance of 150 million cash inflow. If the inflow at t=3 is 300 million, there are 30% and 70% chances of 160 million and 90 million inflows respectively at t=4. If the inflow at t=3 is 150 million, there are 80% and 20% chances of 210 million and 140 million inflows respectively at t=4. The plant has a salvage value of 50 million at t=5. If the appropriate cost of capital is 15% what is the project’s expected NPV?
In: Finance
| Task 1 | ||||||
| Calculate the initial value of capital in an Ltd. (limited liability) company, if | ||||||
| net profit of the previous year was 160,000 it has fixed assets of 800,000 at | ||||||
| its disposal (machinery – 500,000 and vehicles – 300,000), but the properties are | ||||||
| partly depreciated (machinery depreciation is 100,000 while vehicles 150,000). | ||||||
| The entity owns 120,000 worth of finished goods in a warehouse as well as nonfinished | ||||||
| goods worth 40,000. The company is behind in payment of contributions | ||||||
| to the National Health Service and to the Tax Office by a total of 16,000. | ||||||
| The company took a bank loan in the value of 300,000, and it has 10,000 in its | ||||||
| bank account. | ||||||
| Task 2 | ||||||
| Explain which of the business events below not economic operations are: | ||||||
| 5) payment of ZUS contributions by the employer, | ||||||
| 6) contract with client to built a warehouse, | ||||||
| 7) selling the finished goods – VAT invoice has been issued, | ||||||
| 8) sending an offer of products to clients, | ||||||
| 10) product packaging costs incurred, | ||||||
| 11) cost of product transport to clients incurred | ||||||
| 12) release of goods from stock | ||||||
In: Accounting