Do students reduce study time in classes where they achieve a higher midterm score? In a Journal of Economic Education article (Winter 2005), Gregory Krohn and Catherine O’Connor studied student effort and performance in a class over a semester. In an intermediate macroeconomics course, they found that “students respond to higher midterm scores by reducing the number of hours they subsequently allocate to studying for the course.” Suppose that a random sample of n = 8 students who performed well on the midterm exam was taken and weekly study times before and after the exam were compared. The resulting data are given in Table 10.6. Assume that the population of all possible paired differences is normally distributed. Table 10.6 Weekly Study Time Data for Students Who Perform Well on the MidTerm Students 1 2 3 4 5 6 7 8 Before 16 13 11 17 17 13 15 17 After 8 8 12 9 5 10 7 8 Paired T-Test and CI: Study Before, Study After Paired T for Study Before - Study After N Mean StDev SE Mean StudyBefore 8 14.8750 2.2952 .8115 StudyAfter 8 8.3750 2.0659 .7304 Difference 8 6.50000 4.03556 1.42678 95% CI for mean difference: (3.12619, 9.87381) T-Test of mean difference = 0 (vs not = 0): T-Value = 4.56, P-Value = .0026 (a) Set up the null and alternative hypotheses to test whether there is a difference in the true mean study time before and after the midterm exam. H0: µd = versus Ha: µd ≠ (b) Above we present the MINITAB output for the paired differences test. Use the output and critical values to test the hypotheses at the .10, .05, and .01 level of significance. Has the true mean study time changed? (Round your answer to 2 decimal places.) t = We have evidence. (c) Use the p-value to test the hypotheses at the .10, .05, and .01 level of significance. How much evidence is there against the null hypothesis? There is against the null hypothesis.

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2020–2023 are as follows:

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 25%.

(Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2020–2023.)

Required:
1. to 3. Prepare the appropriate journal entries to record Alsup's 2021 income taxes, 2022 income taxes and 2023 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.)

On December 31, 2020, the company reported the following:

Cumulative Preferred shares, 36,000 convertible shares outstanding             $     960,000

Common shares, 112,500 shares issued and outstanding                                    2,880,00

Retained earnings, beginning, as at 1/1/20                                                         1,032,000

Further, the company also reported earnings from operations of $1,847,790 for 2020.  The cumulative preferred shares, as stated above, could participate in dividends declared after the common shares received a minimum dividend of $3.00 per share.  Participation in the excess dividends is based on the relative total capital contributed by each group. The company management wishes to declare dividends for 2020 such that each common share would be entitled to a dividend of $4 per share.  Dividends were last declared in 2017.

Required:

1.  Use the schedule below to answer the following:

      a]   The total dividends which the management would declare; and

      b]   The total amounts payable to each group of shareholders.

Distribution Of Dividends

On December 31, 2020, the company reported the following:

Cumulative Preferred shares, 36,000 convertible shares outstanding             $     960,000

Common shares, 112,500 shares issued and outstanding                                    2,880,000

Retained earnings, beginning, as at 1/1/20                                                         1,032,000

Further, the company also reported earnings from operations of $1,847,790 for 2020.  The cumulative preferred shares, as stated above, could participate in dividends declared after the common shares received a minimum dividend of $3.00 per share.  Participation in the excess dividends is based on the relative total capital contributed by each group. The company management wishes to declare dividends for 2020 such that each common share would be entitled to a dividend of $4 per share.  Dividends were last declared in 2017.

Required:

1.  Use the schedule below to answer the following:

      a]   The total dividends which the management would declare; and

      b]   The total amounts payable to each group of shareholders.

Distribution Of Dividends

(a) Discuss the different sources of financial reporting regulations. Critically evaluate
the arguments in favour of, and, the arguments against the regulation of
financial reporting.  15 marks

(b) Critically evaluate what qualitative characteristics accounting information should
possess, in order to make it useful for decision making?   [10 marks]

(c) Mancy plc
In preparation for the audit of the mancy plc, for the year ended 31 March
2020, the Finance Director has asked you to prepare a report setting out the
accounting treatment for the following transaction undertaken during the year.
Transaction:
On 1 July 2019,Mancy plc commissioned a specialised piece of
equipment to be built for £350,000. The equipment was ready for use, on
time, on 1 April 2020. A loan was taken out on 1 July 2019 for the full
£350,000, as payment for the equipment was due on that date. The interest
rate on the loan is 7% pa and interest is paid monthly. The loan is
repayable after two years.

You are required to present an explanation of the accounting treatment to be applied
in the financial statements for the year ended 31 March 2020 and the reasons why
that is the appropriate treatment (with reference to the requirements of the relevant
IFRS, and where possible, please show relevant calculations).

Whispering Company began operations on January 2, 2019. It employs 12 individuals who work 8-hour days and are paid hourly. Each employee earns 11 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows. Actual Hourly Wage Rate Vacation Days Used by Each Employee Sick Days Used by Each Employee 2019 2020 2019 2020 2019 2020 $7 $8 0 10 5 6 Whispering Company has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when earned and to accrue sick pay when earned.

I need help recording sick leave paid. The entries are

Debit: Salaries and wages expense

Debit: Salaries and wages payable

Credit: cash

I do not know how to calculate the numbers.

Please show work on calculations

Following is the seven-year forecast for a new venture called Johnson Transformers:

(all amounts in $000)

Beginning after year 2026 the annual growth in EBIT is expected to be 1.5%, a rate that is projected to be constant over Johnson Transformers remaining life as an enterprise. Beginning in 2026 Johnson's Transformers capital expenditures and depreciation are expected to offset each other (capex - depreciation = 0) and year to year changes in working capital are expected to be zero (working capital levels remain constant year over year). For discounting purposes consider 2020 as year 1. Assume a tax rate is 21% and a cost of capital of 7.75%

Determine the NPV of Johnson Transformers Free Cash Flow for the years 2020 -2026. HINT: Remember to account for loss carry-forwards when determining income taxes.

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2020–2023 are as follows:

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 25%.

(Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2020–2023.)

Required:
1. to 3. Prepare the appropriate journal entries to record Alsup's 2021 income taxes, 2022 income taxes and 2023 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.)

**question requires through details about Netflix international expansion strategy in 2010 and how it has evolved through today. I will rate answer appropriately based on the quality. The question is on international strategy then & now. Below are the specific answers I am looking for to highlight the initial strategy & how it has evolved. Thank you!**

What international business strategy did Netflix use for its international expansion in 2010 (name it as it is called in the textbook) & explain.

What are the pros and cons of this strategy on international market? List all that you can think of.

What challenges did they have when implementing this strategy & do they still have them today? Explain. Use 5 Forces model to answer. Cite sources/references.

Who are the most dangerous current rivals of Netflix internationally? Name 3-4, provide explanation and links to the cited sources.

What international business strategy are they pursuing now? Explain.

What international business strategy would you have recommended them to use in 2010 and now? Why? Explain.