Questions
A number of minor automobile accidents occur at various high-risk intersections in York county despite the...

A number of minor automobile accidents occur at various high-risk intersections in York county despite the traffic lights. The traffic department claims that a modification in the type of light will reduce these accidents. The county commissioners have agreed to a proposed experiment. Eight intersections were chosen at random, and lights at those intersections were modified. The number of minor accidents during a six-months periods before and after the modifications were

Number of accidents

A

B

C

D

E

F

G

H

Before modification

5

7

6

4

8

9

8

10

After modification

3

7

7

0

4

6

8

2

At the .01 significance level, it is reasonable to conclude that the modifications reduced the number of traffic accidents?

In: Math

A high school is examining whether or not a certain college admissions test prep course is...

A high school is examining whether or not a certain college admissions test prep course is helpful. To evaluate this, 15 students took the college admissions test. Afterwards, they went through the prep course and then took the admissions test again. Their before and after scores are shown below. With a significance level of 0.90, is the admissions test prep course effective?

Student Before After

1 27 29

2 28 29

3 30 31

4 32 31

5 16 20

6 25 27

7 27 27

8 25 26

9 27 30

10 23 28

11 25 26

12 24 24

13 22 25

14 31 32

15 25 25

In: Math

A certain drug is tested for its effect on blood pressure. Seven male patients have their...

A certain drug is tested for its effect on blood pressure. Seven male patients have their systolic blood pressure measured before and after receiving the drug with the results shown below (in mm Hg).

                                    Patient                SBP before       SBP after

                                         1                          120                  125

                                         2                          124                  126

                                         3                          130                  138

                                         4                          118                  117

                                         5                          140                  143

                                         6                          128                  128

                                         7                          140                  146

                                         

a. (2) State, in prose, the study hypothesis (two-tailed).

b. (2) What test statistic(s) test would you use?

c. (2) What is the critical value of the test statistic?

d. (3) If the value of the test statistic is t = 2.67, what do you conclude (reject/do not reject is not sufficient).

In: Math

Mavis corporation has 75,000 shares of $1 par value stock outstandiing. The largest single stockholders is...

Mavis corporation has 75,000 shares of $1 par value stock outstandiing. The largest single stockholders is Lennox Bing, who owns 6,000 shares. On December 31, the total assets of the company amount to $4,360,000 and total liabilities to $2,230,000. On that day, the board of directors declared a stock dividend of one new share for each five shares outstanding. Compute the following: Book value per share before the stock dividend:( ) Book value per share after the stock dividend ( ) Total book value of Lennox Bing's stockholdings before the dividend ( ) Total book value of Lennox Bing's stockholdings after the dividend ( ) Prepare the stockholder's equity section of the Mavis Corporation balance sheet assuming that retained earning is $1,650,000 and there are no perferred stocks.

In: Accounting

A team of health research wants to investigate whether having regular lunch break improves working adults’...

A team of health research wants to investigate whether having regular lunch break improves working adults’ sleep. A group of 85 adults with a full-time job were recruited in the study, they reported average hours of sleep in the past week, committed to having a 1-hour, out-of-office, work-free lunch break each day for 3 months, and, at the end of the study, reported average hours of sleep in the past week. The mean difference in hours of sleep before and after the study was 3 with a standard deviation of 0.9. Which one of the following statements is INCORRECT? (Set alpha level at 0.05.)

The decision should be to reject the null hypothesis.
The null hypothesis is that hours of sleep remain the same before and after the study.
The obtained test statistic is 3.073.
The degrees of freedom is 84.

In: Math

Consider a commercial space with two tenants. An upscale restaurant and a live music venue. Currently,...

Consider a commercial space with two tenants. An upscale restaurant and a live music venue. Currently, the restaurant is open serving customers until 10pm each night and the venue has music beginning at 9pm each night.

The live music causes a disturbance at the restaurant harming the restaurant owner's profit, so the owner is demands the music venue does not begin operating until 10pm. The venue owner counters that the restaurant should just close an hour early, at 9pm.  

The following are the hourly profits both firms will earn depending on various closing times.

  • Scenario A: Both businesses are open between 9pm and 10pm: The restaurant earns $400 in profit and the venue earns $600 in profit between 9pm and 10pm.
  • Scenario B: The venue does not open until 10pm: The restaurant would earn $1200 in profit between 9pm and 10pm, the venue earns no profit since it is closed during that time.
  • Scenario C: The restaurant closes at 9pm: The restaurant earns no profits between 9pm and 10pm. The venues profit are not impacted by the restaurant, they still earn $600 profit in this scenario.

Assume no transaction costs.

a) Between the three scenarios, the efficient outcome is Scenario ["A", "B", or "C"] and the most inefficient outcome is Scenario ["A", "B", or "C"]      

b) Suppose the restaurant has the property rights, meaning if the restaurant loses profit due to the venue, the venue must pay the amount of the restaurant's lost profit. After any and all negotiations, does the Coase Theorem predict the venue will open at 9pm or 10pm?

c) Suppose the venue has the property rights, menaing the venue is not responsible for any profit lost by the restaurant. After any and all negotiations, does the Coase Theorem predict the venue will open at 9pm or 10pm?

d) Should, in any scenario, the restaurant pay the venue to stay closed until 10pm, what range of values represent an improvement to both tenants compared to the status quo? ["$200 - $400", "$400 - $600", "$600 - $800", "$800 - $1000", "$1000 - $1200"]      

In: Economics

Marigold Corporation’s retail store and warehouse closed for an entire weekend while the year-end inventory was...

Marigold Corporation’s retail store and warehouse closed for an entire weekend while the year-end inventory was counted. When the count was finished, the controller gathered all the count books and information from the clerical staff, completed the ending inventory calculations, and prepared the following partial income statement for the general manager for Monday morning:

Sales $ 2,743,000
Beginning inventory $ 654,000
Purchases 1,540,000
Total goods available for sale 2,194,000
Less ending inventory 654,000
Cost of goods sold 1,540,000
Gross profit $ 1,203,000


The general manager called the controller into her office after quickly reviewing the preliminary statements. “You’ve made an error in the inventory,” she stated. “My pricing all year has been carefully controlled to provide a gross profit of 35%, and I know the sales are correct.”

(a)

Marigold Corporation’s retail store and warehouse closed for an entire weekend while the year-end inventory was counted. When the count was finished, the controller gathered all the count books and information from the clerical staff, completed the ending inventory calculations, and prepared the following partial income statement for the general manager for Monday morning:

Sales $ 2,743,000
Beginning inventory $ 654,000
Purchases 1,540,000
Total goods available for sale 2,194,000
Less ending inventory 654,000
Cost of goods sold 1,540,000
Gross profit $ 1,203,000


The general manager called the controller into her office after quickly reviewing the preliminary statements. “You’ve made an error in the inventory,” she stated. “My pricing all year has been carefully controlled to provide a gross profit of 35%, and I know the sales are correct.”

(a)

How much should the ending inventory have been?

Expected ending inventory $enter the Expected ending inventory in dollars

How much should the ending inventory have been?

Expected ending inventory $enter the Expected ending inventory in dollars

In: Accounting

For C++ Use arrays and or vectors, no classes. Visualize and consider 100 lockers all lined...

For C++ Use arrays and or vectors, no classes.

Visualize and consider 100 lockers all lined up horizontally in a row
Each locker is numbered from 1 to 100 in sequential order

Every locker can be fully closed (open state = 0.00)
Every locker can be fully opened (open = 1.00)
Every locker can be partially open with any possible value between 0.00 and 1.00 inclusive on both ends
A locker cannot ever be more closed than fully closed (open cannot be less than 0.00)
A locker cannot ever be more open than fully opened (open cannot be greater than 1.00)

All 100 lockers start in the fully closed state
100 students will be walking by the lockers and opening/closing them in the following manner:

The 1st student will OPEN EVERY LOCKER       1/2 of the way (ADD 0.50 TO LOCKERS 1,2,3,4...)

The 2nd student will CLOSE EVERY SECOND LOCKER 1/3 of the way (SUBTRACT 0.333333333333 FROM LOCKERS 2,4,6,8...)

The 3rd student will OPEN EVERY THIRD LOCKER   1/4 of the way (ADD 0.25 TO LOCKERS 3,6,9,12...)

The 4th student will CLOSE EVERY FOURTH LOCKER 1/5 of the way (SUBTRACT 0.20 FROM LOCKERS 4,8,12,16...)

The 5th student will OPEN EVERY FIFTH LOCKER   1/6 of the way (ADD 0.166666666666 TO LOCKERS 5,10,15,20...)

The 6th student will CLOSE EVERY SIXTH LOCKER 1/7 of the way (SUBTRACT 0.142857142857 FROM LOCKERS 6,12,18,24...)

The 99th student will OPEN EVERY 99TH LOCKER   1/100 of the way (ADD 0.01 TO LOCKER 99)

The 100th student will CLOSE EVERY 100TH LOCKER 1/101 of the way (SUBTRACT 0.009900990099 FROM LOCKER 100)

NOTE: Remember that the locker open state must always stay within 0.00 <= value <= 1.00

1) Develop C++ code that will generate the open state values for all 100 lockers

2) Also develop C++ code that will output answers to the following questions:

Which lockers are left fully closed (open state == 0.00)?

Which lockers are left fully open (open state == 1.00)?

Which locker is the one opened the least and what is its value (open state closest to 0.00)?

Which locker is the one closed the least and what is its value (open state closest to 1.00)?

In: Computer Science

For C++ Use arrays and or vectors, no classes. Visualize and consider 100 lockers all lined...

For C++ Use arrays and or vectors, no classes.

Visualize and consider 100 lockers all lined up horizontally in a row
Each locker is numbered from 1 to 100 in sequential order

Every locker can be fully closed (open state = 0.00)
Every locker can be fully opened (open = 1.00)
Every locker can be partially open with any possible value between 0.00 and 1.00 inclusive on both ends
A locker cannot ever be more closed than fully closed (open cannot be less than 0.00)
A locker cannot ever be more open than fully opened (open cannot be greater than 1.00)

All 100 lockers start in the fully closed state
100 students will be walking by the lockers and opening/closing them in the following manner:

The 1st student will OPEN EVERY LOCKER       1/2 of the way (ADD 0.50 TO LOCKERS 1,2,3,4...)

The 2nd student will CLOSE EVERY SECOND LOCKER 1/3 of the way (SUBTRACT 0.333333333333 FROM LOCKERS 2,4,6,8...)

The 3rd student will OPEN EVERY THIRD LOCKER   1/4 of the way (ADD 0.25 TO LOCKERS 3,6,9,12...)

The 4th student will CLOSE EVERY FOURTH LOCKER 1/5 of the way (SUBTRACT 0.20 FROM LOCKERS 4,8,12,16...)

The 5th student will OPEN EVERY FIFTH LOCKER   1/6 of the way (ADD 0.166666666666 TO LOCKERS 5,10,15,20...)

The 6th student will CLOSE EVERY SIXTH LOCKER 1/7 of the way (SUBTRACT 0.142857142857 FROM LOCKERS 6,12,18,24...)

The 99th student will OPEN EVERY 99TH LOCKER   1/100 of the way (ADD 0.01 TO LOCKER 99)

The 100th student will CLOSE EVERY 100TH LOCKER 1/101 of the way (SUBTRACT 0.009900990099 FROM LOCKER 100)

NOTE: Remember that the locker open state must always stay within 0.00 <= value <= 1.00

1) Develop C++ code that will generate the open state values for all 100 lockers

2) Also develop C++ code that will output answers to the following questions:

Which lockers are left fully closed (open state == 0.00)?

Which lockers are left fully open (open state == 1.00)?

Which locker is the one opened the least and what is its value (open state closest to 0.00)?

Which locker is the one closed the least and what is its value (open state closest to 1.00)?

In: Computer Science

please highlight the answer it's very urgent subject is ACC 111 Q: One principal difference between...

please highlight the answer it's very urgent subject is ACC 111

Q: One principal difference between an adjusting journal entry and a journal entry to record a transaction is

  1. The adjustment can be needed because of an internal event such as using supplies

  2. The transaction involved accounts payable

  3. The adjustment always reduces cash

  4. The transaction always increases common stock

Q: When adjusting for insurance coverage expiring during a period

  1. Insurance expense is increased

  2. Prepaid insurance is decreased

  3. Both A and B

  4. Cash is increased

Q: When adjusting for depreciation expense

  1. An expense is increased

  2. A liability is decreased

  3. A revenue is decreased

  4. An equity account is increased

Q: When adjusting unearned revenue

  1. Revenue is increased

  2. A liability is decreased

  3. Both A and B

  4. Neither A nor B

Q: When adjusting for an accrued expense

  1. An expense is reduced

  2. A liability is increased

  3. An equity account is increased

  4. A revenue is decreased

Q; Adjusting for wages earned by employees but not yet recorded

  1. Increases an expense

  2. Increases a liability

  3. Both A and B

  4. Neither A nor B

Q : Omitting the adjustment for unrecorded revenue

  1. Understates net income

  2. Understates assets

  3. Understates equity

  4. All of the above

  5. Q:Which of the following events requires an adjustment

  6. Borrowing money on a loan where principal and interest are due at maturity

  7. Hiring an employee

  8. Asking for proposals from three advertising agencies

  9. Discussing future price increases

Q: Which of the following events requires an adjustment

  1. Discussing possible future changes to the company’s logo

  2. Receiving and paying October’s water bill before October 31

  3. Hiring an attorney and agreeing to pay a retainer immediately

  4. Completing revenue on October 20 and billing the customer the same day

Q: Omitting the adjustment for unearned revenue

  1. Understates net income

  2. Overstates liabilities

  3. Both A and B

  4. Neither A nor B

Q: The main accounting principle that requires adjusting entries is

  1. Substance over form

  2. The cost principle

  3. The going concern principle

  4. The matching principle

Q: Smith Company owns its building and land. The annual property tax bill is $12,000. Assuming Smith adjusts its accounts each month they should

  1. Debit property tax expense and credit property tax payable for $12,000

  2. Make no adjustment at all since it has not yet been paid

  3. Debit property tax payable and credit property tax expense for $1,000

  4. Debit property tax expense and credit property tax payable for $1,000

Q: Adjusting journal entries

  1. Are optional according to GAAP

  2. Are only used in months that end in y

  3. Always use the cash account

  4. Never use the cash account

Q : When closing the accounts at the end of the period

  1. All asset accounts are closed

  2. All equity accounts are closed

  3. All temporary or nominal accounts are closed

  4. All liability accounts are closed


Q : Closing the accounts

  1. Sets nominal accounts back to zero at the end of a period

  2. Updates the retained earnings account

  3. Enables meaningful comparison of one period’s results to those of another period

  4. All of the above

Q : When closing the revenue account

  1. The revenue account is credited

  2. The revenue account is debited

  3. The unearned revenue account is closed

  4. The expense accounts are debited

Q : When closing the expense accounts

  1. The income summary account is debited

  2. The expense accounts are credited

  3. Both A and B

  4. Neither A nor B

Q : When closing the income summary account

  1. The retained earnings account may be debited or credited

  2. The dividends account is debited

  3. The cash account is credited

  4. The common stock account is debited

Q ; When closing the dividends account

  1. The income summary account is debited

  2. The retained earnings account is credited

  3. The retained earnings account is debited

  4. None of the above

Q : The reason permanent or real accounts are not closed is because

  1. They recorded how much of something occurred during a period

  2. They recorded how much of something remains at the end of a period

  3. They will stay open as long as the company still exists

  4. Both B and C

In: Accounting