• What is the present level of unemployment in China? Identify and explain any changes in the unemployment levels over the past five years.
• Plot the unemployment rates for the last five years on a line graph.

Suppose that there is an increase in the long-run supply of capital. Describe the graphical changes that take place in the loanable funds market. What needed to happen for the goods/services market to clear?

⦁ Briefly explain how the following changes in family patterns and structures will impact on a person with care and support needs. Guidance: Each response must be no more than 100 words

1.Modern families often have fewer or no children

2.Modern families start families much later in life than before

Matter of discussion

Under current situation of COVID19, it is expected that changes in the accounting standards will be required now to account for the effects of this pandemic. Considering the current situation, you are required to discuss how this pandemic will affect the disclosure of property, plant and equipment in financial statements of business entities and will it affect the treatment of borrowing cost utilized for development of property, plant and equipment

29.  The purpose of depreciation accounting is to:

a.   Reflect changes in the current value of a plant asset over its useful life

b.   Accumulate funds to replace a plant asset at the end of its useful life

c.   Allocate a plant asset’s cost, less its salvage value, to expense over the asset’s useful life

d.   Have a plant asset’s book value equal its initial cost by the end of its useful life

30.  Which of the following plant assets is not depreciated?

      a    .Furniture and equipment

      b.    Land improvements

      c.    Delivery truck

      d.    All of these are depreciated

31.  A land site for a new office building is purchased for $360,000 by Texas Coast Company.  A barn on the site will be removed at a net cost of $34,000.  

The $34,000 razing expenditure is properly debited to:

a.   Office Building

b.   Land

c.   Razing Expense

d.   Land Improvements

32.  Current liabilities are all obligations that require, within the coming year or current operating cycle, whichever is longer:

a.   The payment of cash

b.   The use of existing current assets

c.   The creation of other current liabilities

d.   Either the use of existing current assets or the creation of other current liabilities

33.  Which of the following transactions that affects current liabilities has a corresponding effect on the income statement?

       a.  Purchase inventory on credit from company QRS on January 1

       b.  Payment to QRS on February 1for a January 1 purchase

       c.   Interest accrued on a note payable

       d.  Payment to employees in March for wages earned in February

34.  How many payment periods are in a 6-year, 8% bond with an effective interest rate of 6%, and interest paid semiannually?  What is the effective interest rate per payment period?

       a.    3,8%

       b.  12,3%

       c.  48,4%

       d.    6,8%

35.  A single-step income statement for a merchandising firm:

a.   Shows a different net income amount than a multiple-step income statement

b.   May not be used because it is an unacceptable reporting format

c.   Does not show a gross profit on sales amount

d.   None of the above

36.  On the income statement of a merchandising company, interest income and interest expense are reported:

a.   By offsetting interest income and interest expense and showing the excess as an operating revenue or expense

b.   As separate items of other income and expense below the net operating income or loss

c.   As part of cost of goods sold

d.   By showing interest income as additional sales revenue and interest expense as an operating expense

37.  Which of the following are not inputs to the Cash Budget?

a.    Materials purchased and paid-for from the Direct Materials Budget

b.    Cash purchases of equipment from the Capital Expenditures Budget

      c.    Cost of goods sold from the Budgeted Income Statement

      d.    Rental payments from the Manufacturing Overhead Budget

38.  What budget must be prepared prior to the Production Budget?

a.   Cash budget

       b.   Direct materials budget

c.   Manufacturing overhead budget

d.   None of the above

39.  Which one of the following selections is not a part of Paid-in Capital?

a.   Retained earnings

b.   Common stock

c.   Additional paid-In capital

d.   All of the above

40.  Which of the following statements is correct?

a.   A corporation’s issued stock may exceed its outstanding stock.

b.   A corporation’s outstanding stock may exceed its authorized stock.

c.   A corporation’s issued stock may exceed its authorized stock.

d.   A corporation’s treasury stock may exceed its issued stock.

Are custodial funds included in the Statement of Fiduciary Net Position and Statement of Changes in Fiduciary Net Position?

If so, list them. Describe the purposes for which they exist.

A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information.

In this setting we have Σx = 57, Σy = 364, Σx² = 413, Σy² = 13,364, and Σxy = 2143.

(a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to four decimal places.)

(b) Draw a scatter diagram displaying the data. Graph the least-squares line on your scatter diagram. Be sure to plot the point (x, y).

(c) Find the sample correlation coefficient r and the coefficient of determination. (Round your answers to three decimal places.)

What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.)
%

(d) Test the claim that the population correlation coefficient ρ is positive at the 5% level of significance. (Round your test statistic to three decimal places.)

t =

Find or estimate the P-value of the test statistic.

P-value > 0.2500.125 < P-value < 0.250    0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005

Conclusion

Reject the null hypothesis. There is sufficient evidence that ρ > 0.Reject the null hypothesis. There is insufficient evidence that ρ > 0.    Fail to reject the null hypothesis. There is sufficient evidence that ρ > 0.Fail to reject the null hypothesis. There is insufficient evidence that ρ > 0.

(e) If someone had x = 8 job changes, what does the least-squares line predict for y, the annual salary? (Round your answer to two decimal places.)
thousand dollars

(f) Find S_e. (Round your answer to two decimal places.)
S_e =

(g) Find a 90% confidence interval for the annual salary of an individual with x = 8 job changes. (Round your answers to two decimal places.)

(h) Test the claim that the slope β of the population least-squares line is positive at the 5% level of significance. (Round your test statistic to three decimal places.)

t =

Find or estimate the P-value of the test statistic.

P-value > 0.2500.125 < P-value < 0.250    0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005

Conclusion

Reject the null hypothesis. There is sufficient evidence that β > 0.Reject the null hypothesis. There is insufficient evidence that β > 0.    Fail to reject the null hypothesis. There is sufficient evidence that β > 0.Fail to reject the null hypothesis. There is insufficient evidence that β > 0.

(i) Find a 90% confidence interval for β and interpret its meaning. (Round your answers to three decimal places.)

Interpretation

For each less job change, the annual salary increases by an amount that falls within the confidence interval.For each less job change, the annual salary increases by an amount that falls outside the confidence interval.    For each additional job change, the annual salary increases by an amount that falls outside the confidence interval.For each additional job change, the annual salary increases by an amount that falls within the confidence interval.

Discuss the pH changes in skeletal muscle, and effects on conversion muscle to meat.

A local business promotes oil changes that last on the average of 45 minutes with a standard deviation of 10 minutes.  If the process of changing oil follows a normal distribution, answer the following:

1. What is the probability an oil change takes less than 40 minutes?
2. What is the probability that the oil change takes between 35 and 55 minutes?
3. What is the probability that an oil change takes less than 49 minutes.
4. What is the probability that an oil change takes between 42 and 52 minutes.
5. The company wants to keep its customers.  So for the longest 5% of oil changes, the owner wants to give the customer 50% off his next visit.  How long would it take for the oil change if the customer qualifies for the discount.