Task #1 Construct the Models This term: This term, out of 85 students who took the beginning-of-term survey, 29 of them love pineapple on pizza. This gives a sample statistic of p-hat = 29/85 = 0.341. Last two terms: In the Fall and Spring, out of 60 students that took the beginning-of-term survey, 12 of them love pineapple on pizza. This gives a sample statistic of p-hat = 12/60 = 0.2. a) Discuss the assumptions and conditions required to use the Central Limit Theorem and whether they apply here. Regardless, we will use the Central Limit Theorem to do the rest of the analysis, but if any of the conditions are not met or are borderline, we are less convinced by our conclusions that we make. b) Construct the sampling distribution predicted by the Central Limit Theorem for each sample statistic. Task #2: Confidence Intervals c) Construct a 92% confidence interval for each sample statistic. Be sure to explain how you are constructing these. d) Describe what these confidence intervals mean. e) Compare the margins of error for this and the previous sample. Are they similar or drastically different? f) Combine these samples into one large sample. What do you predict will happen to the margin of error for a 92% confidence interval? Why? g) Construct a 92% confidence interval for the combined sample. Task #3: Comparing to a Claim The ::“public opinion and data company” Yougov.com claims:: that p=0.17 of people in the Western US say that they love pineapple on pizza. h) Assume that this claim is true, that p=0.17. Draw the normal distribution that the Central Limit Theorem gives us, and compute the standard deviation when n = 85. Then, find the area in the tail from the sample statistic from this term. Draw a picture of what this represents and explain how you can interpret your results. i) Repeat this for the sample from last two terms. Readjust your model, since n changed. j) Repeat this for the large combined sample. k) Do any of these results lead you to be suspicious ofYougov.com’s claim? Why or why not?

You are a database designer and data analyst working for the hypothetical employer, Park University. The University over the last few years has provided faculty and staff needed technology to support various job functions but is having some trouble tracking such technology to ensure the program is cost-effective.   In other words, the University Controls Department is having difficulty locating inventories and associated invoicing information. With the lack of this important information, the University Controls department has a very difficult time locating and tracking released technology which has the intended purpose of being an asset to assigned employees and departments.

The University Controls department has a Technology Asset Management System currently designed and implemented using Microsoft Access; however, the Chief Information Officer (CIO) of Park University needs some ideas of possible reasons the current Technology Asset Management System designed in Microsoft Access is not currently tracking technology assets as intended.

In a memo style response to the Chief Information Officer (CIO), share-based on your knowledge learned about databases using experience and research, some possible and or hypothetical reasons why the existing database, in this case, is not working as intended?

Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below. Account Title Debits Credits Cash 31,400 Accounts receivable 40,200 Supplies 1,600 Inventory 60,200 Notes receivable 20,200 Interest receivable 0 Prepaid rent 1,000 Prepaid insurance 6,200 Office equipment 80,800 Accumulated depreciation 30,300 Accounts payable 31,200 Salaries payable 0 Notes payable 50,200 Interest payable 0 Deferred sales revenue 2,100 Common stock 61,400 Retained earnings 29,000 Dividends 4,200 Sales revenue 147,000 Interest revenue 0 Cost of goods sold 71,000 Salaries expense 19,000 Rent expense 11,100 Depreciation expense 0 Interest expense 0 Supplies expense 1,200 Insurance expense 0 Advertising expense 3,100 Totals 351,200 351,200 Information necessary to prepare the year-end adjusting entries appears below. Depreciation on the office equipment for the year is $10,100. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. Salaries earned from December 16 through December 31, 2021, were $800. On October 1, 2021, Pastina borrowed $50,200 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. On March 1, 2021, the company lent a supplier $20,200 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022. On April 1, 2021, the company paid an insurance company $6,200 for a one-year fire insurance policy. The entire $6,200 was debited to prepaid insurance. $500 of supplies remained on hand at December 31, 2021. A customer paid Pastina $2,100 in December for 800 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue. On December 1, 2021, $1,000 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $500 per month. The entire amount was debited to prepaid rent. Prepare an adjusted trial balance. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.)

Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below.

Information necessary to prepare the year-end adjusting entries appears below.

1. Depreciation on the office equipment for the year is $10,900.
2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. Salaries earned from December 16 through December 31, 2021, were $1,200.
3. On October 1, 2021, Pastina borrowed $51,800 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years.
4. On March 1, 2021, the company lent a supplier $21,800 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022.
5. On April 1, 2021, the company paid an insurance company $7,800 for a one-year fire insurance policy. The entire $7,800 was debited to prepaid insurance.
6. $740 of supplies remained on hand at December 31, 2021.
7. A customer paid Pastina $2,900 in December for 1,200 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue.
8. On December 1, 2021, $1,800 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $900 per month. The entire amount was debited to prepaid rent.

rev: 09_14_2019_QC_CS-180268, 10_11_2019_QC_CS-184133

Problem 2-4 (Algo) Part 6

6. Prepare a post-closing trial balance

Suppose that Boeing (US company) sold airplane to Lufthansa (German company) on credit and invoiced €20 million payable in six months. Two companies agree to share the currency risks. In the Price Adjustment Clause, the neutral zone is $1.14/€ - $1.26/€, the base rate is $1.2/€; and both parties will share the currency risk beyond a neutral zone. How much each party have to pay/receive if:

A) How much each party have to pay/receive if the exchange rate is $1.08/€

a.   Boeing receives $21.6 million; Lufthansa pays €20 million.

b.   Boeing receives $23.4 million; Lufthansa pays €21.67 million.

c.   Boeing receives $24 million; Lufthansa pays €20 million.

d.   Boeing receives $22.2 million; Lufthansa pays €20.56 million.

B) How much each party have to pay/receive if the exchange rate is $1.32/€
a.   Boeing receives $24 million; Lufthansa pays €18.18 million.

b.   Boeing receives $24.6 million; Lufthansa pays €18.64 million.

c.   Boeing receives $26.4 million; Lufthansa pays €20 million.

d.   Boeing receives $25.8 million; Lufthansa pays €19.55 million.

a.   Ford pay ¥202.01 million; Nidec receives $1.529 million.

b.   Ford pays $1.529 million; Nidec received ¥202.01 million.

c.   Ford pay ¥213.51 million; Nidec receives $1.616 million.

d.   Ford pay $1.616 million; Nidec receives ¥213.51 million.

Suppose that Boeing (US company) sold airplane to Lufthansa (German company) on credit and invoiced €20 million payable in six months. Two companies agree to share the currency risks. In the Price Adjustment Clause, the neutral zone is $1.14/€ - $1.26/€, the base rate is $1.2/€; and both parties will share the currency risk beyond a neutral zone. How much each party have to pay/receive if:

How much each party have to pay/receive if the exchange rate is $1.32/€?

a. Boeing receives $24 million; Lufthansa pays €18.18 million.

b. Boeing receives $24.6 million; Lufthansa pays €18.64 million.

c. Boeing receives $26.4 million; Lufthansa pays €20 million.

d. Boeing receives $25.8 million; Lufthansa pays €19.55 million.

Choose a US public company that sells inventory (everyone needs to pick a different company). Review their most recent Annual Report. .

Questions

1. What inventory costing method does the company use? Explain why you think the company uses this particular method?
2. What might happen to the company’s income and inventory balance if they chose an alternative costing method? Be specific in your example.
3. Does the company value their inventory at lower of cost or market (LCM)? If so, how does the company define market? What factors might it consider in deciding whether or not to write down its inventory?
4. If the company does not use LCM, what method does the company use to value its inventory in consideration of possible inventory write-downs?

Can help with this question. The company is Costco.

Hi, can you answer this question in more detail?

Subject: Business Policy and Strategy

The G2000 Group was founded by Michael Tien in 1980 in Hong Kong. The label G2000, first introduced in 1985, was positioned as a specialty clothing chain distributing fashionable men’s and women’s career wear. Today, the G2000 Group is a multi-brand specialty retailer offering an assortment of men’s and women’s apparel and accessories, operating under different labels: G2000 MAN, G2000 WOMAN, G2000 studio, BLAACK and At Twenty.

(1)

As for the situation analysis of G2000 company, it involves the following topics, shows your theoretical understanding, and uses Porter's 5 forces to analyze the external environment for the local market of Hong Kong.

(Words: 700 Don’t direct copy)

• Threat of new entrants
• Bargaining power of buyer
• Bargaining power of supplier
• Threat of substitute product
• Intensity of rivalry among competitors

Hi, can you answer this question in more detail?

Subject: Business Policy and Strategy

The G2000 Group was founded by Michael Tien in 1980 in Hong Kong. The label G2000, first introduced in 1985, was positioned as a specialty clothing chain distributing fashionable men’s and women’s career wear. Today, the G2000 Group is a multi-brand specialty retailer offering an assortment of men’s and women’s apparel and accessories, operating under different labels: G2000 MAN, G2000 WOMAN, G2000 studio, BLAACK and At Twenty.

A.

As for the situation analysis of G2000 company, it involves the following topics, shows your theoretical understanding, and uses Porter's 5 forces to analyze the external environment for the local market of Hong Kong.

(Words: 700)

• Threat of new entrants
• Bargaining power of buyer
• Bargaining power of supplier
• Threat of substitute product
• Intensity of rivalry among competitors