A grocery store manager did a study to look at the relationship between the amount of time (in minutes) customers spend in the store and the amount of money (in dollars) they spend. The results of the survey are shown below. Time 14 12 27 14 12 11 11 30 22 Money 65 24 79 61 48 32 55 114 77

y=6.95+3.22x

Interpret the y-intercept in the context of the question:

• The average amount of money spent is predicted to be $6.95.
• If a customer spends no time at the store, then that customer will spend $6.95.
• The y-intercept has no practical meaning for this study. <<<<<<<Correct Answer>>>>>
• The best prediction for a customer who doesn't spend any time at the store is that the customer will spend $6.95.

I know the answer but do not understand the process, please explain

On January 1, 2021, the general ledger of Big Blast Fireworks included the following account balances:

The $47,000 beginning balance of inventory consists of 470 units, each costing $100. During January 2021, Big Blast Fireworks had the following inventory transactions:

The following information is available on January 31, 2021.

1. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $100 each.
2. At the end of January, $5,700 of accounts receivable are past due, and the company estimates that 40% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 5% will not be collected.
3. Accrued interest expense on notes payable for January. Interest is expected to be paid each December 31.
4. Accrued income taxes at the end of January are $14,000.

* Question (1): I have done most of the journal entries but I need help with:

1- Journal entry on 19 Jan for COGS and Inventory.

2- Journal entry on 27 Jan for allowance for uncollectible account and accounts receivable.

3- Journal entry on 31 Jan for COGS and Inventory.

4- Journal entry on 31 Jan for Bad debt expense and allowance for uncollectible account.

* Question (2): Using the information from the requirements above, complete the 'Analysis'. (Enter your Inventory Turnover ratio and gross profit ratio value in one decimal place.)

Hudson Corporation’s balance sheet at December 31, 2016, is presented below.

Hudson Corporation
Balance Sheet
December 31, 201

During January 2016, the following transactions occurred. Hudson Corporation uses the perpetual inventory method.

Jan. 1 Hudson Corporation accepted a 4-month, 8% note from Betheny Company in payment of Betheny’s $ 1,200 account.

Jan 3 Hudson Corporation wrote off as uncollectible the accounts of Walter Corporation ($ 450) and Drake Company ($ 280).

Jan 8 Hudson Corporation purchased $ 17,200 of inventory on account.

Jan 11 Hudson Corporation sold for $ 25,000 on account inventory that cost $ 17,500.

Jan 15 Hudson Corporation sold inventory that cost $ 700 to Jack Rice for $ 1,000. Rice charged this amount on his Visa First Bank card. The service fee charged Hudson Corporation by First Bank is 3%.

Jan 17 Hudson Corporation collected $ 22,900 from customers on account.

Jan 21 Hudson Corporation paid $ 16,300 on accounts payable.

Jan 24 Hudson Corporation received payment in full ($ 280) from Drake Company on the account written off on January 3.

Jan 27 Hudson Corporation purchased advertising supplies for $ 1,400 cash.

Jan 31 Hudson Corporation paid other operating expenses, $ 3,218.

Adjustment data:

1. Interest is recorded for the month on the note from January 1.

2. Bad debts are expected to be 6% of the January 31, 2017, accounts receivable.

3. A count of advertising supplies on January 31, 2017, reveals that $ 560 remains unused.

4. The income tax rate is 30%. (Hint: Prepare the income statement up to “Income before taxes” and multiply by 30% to compute the amount; round to whole dollars.)

Prepare an income statement

Using the Patients dataset, create a scatter plot (similar to Figure 13.5) with patient’s age on the x-axis and length of stay on the y-axis. Make sure that you fully label this chart (title for the chart, x-axis, and y-axis). (5 points)

Follow the directions in EG13.2 (Excel Guide) at the end of Chapter 13 and create a linear trend line along with the linear regression equation and R-squared value. Interpret both the linear regression equation and the R-squared value. (10 points)

Now calculate the correlation coefficient and interpret it. What do you conclude about the relationship between a patient’s age and length of stay? (5 points)

Using the existing regression equation, what would you predict the revenue of a team to be if the coach’s salary is .5 million and the winning percentage is 30 percent? Select one: a. 12 Million b. 14.8 Million c. 15.0 Million d. 14.2 Million e. Cannot be determined from the data.

Suppose that Company A had three paying consumers in the month of April 2016. The customer journey of these three consumers and the respective revenue from the sale is presented in the table below.

Assume that the company uses the time decay attribution model to ascertain revenue sharing across the digital marketing channels. The time decay is set up such that the channel closest to the sale is given and attribution of 50%, followed by 30%, 15% and 5% attributed respectively to channels preceding it in decreasing order of closeness to sale as shown in the table below:

A. For the scenario depicted in the document the share of revenue for Paid Search channel is ... a. $190 b. $210 c. $180 d. $200

B. For the scenario depicted in the document which channel gets the highest share of revenue?....a. direct b. paid search ad C. organic D. email

C. IF the company had employed a linear attribution model the share of revenue for direct channel would have been: A. $158 b. $206.25 c. $190.25 d. $190

D. For the scenario depicted in the document which channel gets the lowest share of the revenue? a. Organic b. Direct c. Paid Search Ad d. Email

Crane Company sells tablet PCs combined with Internet service, which permits the tablet to connect to the Internet anywhere and set up a Wi-Fi hot spot. It offers two bundles with the following terms.
(A):Prepare any journal entries to record the revenue arrangement for Crane Bundle A on January 2, 2020, and December 31, 2020.

(B) Prepare any journal entries to record the revenue arrangement for Crane Bundle B on July 1, 2020, and December 31, 2020.

(C)Repeat the requirements for part (a), assuming that Crane Company has no reliable data with which to estimate the standalone selling price for the Internet service.

“Compared with people at low-trust companies, people at high-trust companies report: 74% less stress, 106% more energy at work, 50% higher productivity, 13% fewer sick days, 76% more engagement, 29% more satisfaction with their lives, 40% less burnout.”

Task:
Respond to the following questions in 1 page
Assume you have been appointed the new managing director (MD) of a manufacturing plant in Mexico. The company is expected to transition from a unionized to a non-unionized employee relation.

Highlight 3 strategies to be implemented by middle level managers to ensure the organization upholds the value of trust.

How do you evaluate for continuous trust among stakeholders of the organization (employees, community, and suppliers)?

A telephone company claims that 20% of its customers have a landline telephone. The company selects a random sample of 500 customers and finds that 88 have a landline. At a .05 level of significance, is the company’s claim valid. Use the P-value approach. Clearly state the null and alternative hypothesis, locate the claim and state the decision.

A telephone company claims that 20% of its customers have a landline telephone. The company selects a random sample of 500 customers and finds that 88 have a landline. At a .05 level of significance, is the company’s claim valid. Use the P-value approach. Clearly state the null and alternative hypothesis, locate the claim and state the decision.