During its first year of operations, Criswell Inc. completed the following transactions relating to shareholders' equity.

The articles of incorporation authorize 5,000,000 shares with a par of $1 per share of common and 1,000,000 preferred shares with a par of $100 per share.

Required:
Record the above transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1. Record the issue of 350,000 common shares for $8 per share.

2. Record the issue of 3,500 preferred shares at $110.

3. Issued 55,000 shares of common stock in exchange for equipment with a known cash price of $320,000.

antzow-Lear Company buys and sells debt securities expecting to earn profits on short-term differences in price. The company’s fiscal year ends on December 31. The following selected transactions relating to Rantzow-Lear’s trading account occurred during December 2018 and the first week of 2019.

Required:
1. Prepare the appropriate journal entry or entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

During January, a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows :

Required:

1. Prepare a schedule showing cost of goods sold and ending inventory using weighted average.
2. Prepare a schedule showing cost of goods sold and ending inventory using First In First Out.

C.           Compute gross profit under for a and b.

The selling price for number 3 items is $50 per unit.

Kathy is a thirty-two-year old, stay-at-home mother of three children aged 4, 2, and six months. The family doesn't have much extra money each month. Kathy has no life insurance coverage, but she feels she should buy a policy to cover her life in case something happens to her and her husband would need to provide care for the children. Her husband does not think it is necessary. (10 points) What kind of life insurance policy would you suggest would be best for her to buy and why?

What is the goal of hypothesis testing?

What are null and alternative hypotheses?

In §9.2 the concepts of Type I and Type II errors are introduced.Consider the situation where a husband and wife go to the doctor’s office to each get some tests run and the doctor accidentally mixes up their charts. The doctor comes into the exam room with the results of the tests and declares that the wife is NOT pregnant but her husband IS indeed pregnant with a baby.

How does this illustrate the concepts behind Type I and Type II errors?  Make sure to state your null hypothesis for this situation when discussing error.

Suppose that your firm produces two products in fixed proportions, so that if you decide to produce one more unit of X, your firm must also produce one more unit of Y. If TC = 100 + 3Q +½Q² and the demand curves for X and Y are
Q_X=100-2P_X, and Q_Y=101-P_Y find the profit maximizing outputs.
(a) Find the expressions for MR for good X and good Y. (Hint: solve each demand curve for P, multiply by Q, take the first derivative with respect to Q to get MR.)
(b) Find the expression for MC.
(c) Find the profit maximizing output.
(d) Find the price of each good.

For the following three individuals: First, briefly discuss their likelihood to become an entrepreneur; and Second, discuss whether they are likely to be successful (in terms of growth, survival, and creating jobs) if they become an entrepreneur:

1. Tracy is a 30-year-old female married with one child. She studied music at University although never worked in the filed. Her mother inherited a troubled family business when Tracy was very young, but successfully turned it around and made it one of the most successful one in the industry. Tracy was at the family business a lot while growing up, and worked there part-time during the high school years. She and her husband talked about one day to start a business together in the same field.

Suppose you and your husband have decided that when you retire in 15 years you want to take a trip around the world for a year. You realize that you need to begin saving now for this trip of a lifetime. You want to be able to deposit annually (end of year payments) a fixed amount in an interest bearing account. It is estimated that monthly after that you will need to withdraw $5000 monthly for spending money. You will make the down payment at year 15 and the monthly payments will begin the first month after year 15 and will go for 12 months. How much must you deposit annually to be able to pay for these expenses. Assume 6% interest annual rate with monthly compounding.

The following table summarizes prices of various​ default-free zero-coupon bonds​ (expressed as a percentage of the face​ value): Maturity ​(years) 1 2 3 4 5 Price ​(per $100 face​ value) ​$95.3295.32 ​$90.9690.96 ​$86.2886.28 ​$81.4381.43 ​$76.2976.29 a. Compute the yield to maturity for each bond. b. Plot the​ zero-coupon yield curve​ (for the first five​ years). c. Is the yield curve upward​ sloping, downward​ sloping, or​ flat?