The three sections on the Statement of Cash Flows are

Multiple Choice

• Assets, Liabilities and Equity

• Operating, Investing and Financing

• Revenue, Expenses and Net Income

• I do not know

• Beginning cash, Ending cash and Change in cash

Always Fresh is in the business of delivering home meal kits. Noah the Chief Marketing Officer for Always Fresh wants to assess how much the firm is worth. To do so, Noah assesses transactional data for 2019 (Prior research in Finance has concluded that 1 year of transaction data is an acceptable amount of time to arrive at firm value).

Always Fresh has two SKU's (Stock keeping units) - individual meals and a bouquet of 10 meals. Each is delivered directly to the customer's doorsteps. To keep the operation lean, Always Fresh has followed a 100% digital business model by not owning any physical property. It has partnered with certified professionals across the country who source, pack, and ship the orders. The following is the transactional data for 2019.

For individual meal customers, Always Fresh spent USD 6.3 mn dollars in 2019 to acquire them. The retention rate for these customers is 15% per annum and Always Fresh makes a 30% margin on these orders.

For customers that order 10 meals, Always Fresh spent USD 2.1 mn dollars in 2019 to acquire them. The retention rate for these customers is 22% and Always Fresh makes a hefty 40% margin on these orders.

Based on the above information, you have to help Noah in computing the customer value Always Fresh.

You can assume the discount rate to be 2%. As time is not mentioned, you should assume time to be infinity.

Always Fresh is in the business of delivering home meal kits. Noah the Chief Marketing Officer for Always Fresh wants to assess how much the firm is worth. To do so, Noah assesses transactional data for 2019 (Prior research in Finance has concluded that 1 year of transaction data is an acceptable amount of time to arrive at firm value).

Always Fresh has two SKU's (Stock keeping units) - individual meals and a bouquet of 10 meals. Each is delivered directly to the customer's doorsteps. To keep the operation lean, Always Fresh has followed a 100% digital business model by not owning any physical property. It has partnered with certified professionals across the country who source, pack, and ship the orders. The following is the transactional data for 2019.

For individual meal customers, Always Fresh spent USD 6.3 mn dollars in 2019 to acquire them. The retention rate for these customers is 15% per annum and Always Fresh makes a 30% margin on these orders.

For customers that order 10 meals, Always Fresh spent USD 2.1 mn dollars in 2019 to acquire them. The retention rate for these customers is 22% and Always Fresh makes a hefty 40% margin on these orders.

Based on the above information, you have to help Noah in computing the customer value Always Fresh.

You can assume the discount rate to be 2%. As time is not mentioned, you should assume time to be infinity.

The relationship between "strength" and "fineness" of cotton fibers was the subject of a study that produced the following data. (Give your answers correct to two decimal places.)

(a) Draw a scatter diagram. (Do this on paper. Your instructor may ask you to turn in this work.)

(b) Find the 90% confidence interval for the mean measurement of fineness for fibers with a strength of 73.

(c) Find the 99% prediction interval for an individual measurement of fineness for fibers with a strength of 73.

The concession manager for the Jacksonville Suns has hired you to analyze the relationship between temperature (in degrees Fahrenheit) and beer sales (in 1000's of dollars) for the baseball games. A sample of 10 games/observations can be found in Mod8-1Data (Links to an external site.). Run the regression in Minitab and create the scatter plot with regression line.

sample y-intercept/constant=

sample slope/beta=

null hypothesis "Temperature"=

alternative hypothesis=

test statistic=

degrees of freedom=

table test statistic=

p-value=

lower bound=

upper bound=

The relationship between "strength" and "fineness" of cotton fibers was the subject of a study that produced the following data. (Give your answers correct to two decimal places.)

(a) Draw a scatter diagram. (Do this on paper. Your instructor may ask you to turn in this work.)

(b) Find the 95% confidence interval for the mean measurement of fineness for fibers with a strength of 72.

(c) Find the 95% prediction interval for an individual measurement of fineness for fibers with a strength of 72.

The following data were obtained in a study of the relationship between diastolic blood pressure (Y) and age (X) for boys 5 to 13 years old.

Fit a simple linear regression model to the data and plot the residuals against the fitted values.

Omit case 7 and refit the model. Plot the residuals versus the fitted values and compare to what you got in (a).

Using the fitted model from (b), obtain a 99% prediction interval for a new Y observation at X = 12. Does observation y₇ fall outside this prediction interval? What is the significance of this?

THE Company produces three products, A, B, and C.
The following information relates to THE Company
and its three products for June:

THE Company:
Sales revenue .............. $700,000
Segment margin ............. $204,000
Net income ................. $169,000

Product A:
Sales revenue .............. $200,000
Contribution margin ........ $104,000
Segment margin ............. $ 19,000

Product B:
Variable costs ............. 30% of sales of Product B

Product C:
Variable costs ............. $181,000
Traceable fixed costs ...... $ 36,000
Contribution margin ........ 20% of sales of Product C

Part A.) Calculate the variable costs of Product B during June.

Part B.) Calculate the segment margin of Product C during June.

Part C.) Calculate the total fixed costs incurred by THE
Company during June.

- On December 31, 2018, State Construction Inc. signs a contract with the state of West Virginia Department of Transportation to manufacture a bridge over the New River. State Construction anticipates the construction will take three years. The company’s accountants provide the following contract details relating to the project:

During the three-year construction period, State Construction incurred costs as follows:

State Construction uses the percentage of completion method to recognize revenue.

How much revenue should State Construction recognize in

2019          __________________

2020          __________________

2021          __________________