A _________________ is an important characteristic related to the response variable which, when unaccounted for, may lead researchers to false conclusions about cause and effect.

Question 2 options:

In a double-blind experiment conducted to study the effectiveness of a new drug to relieve the common cold, a participant was given a sugar pill. After taking the pill, she finds she can breathe more easily, and her condition substantially improved. Which of the following describes this phenomenon?

Question 4 options:

Question 5 (1 point)

Statistics can be an ‘art’ as different statisticians may use different methods of analysis in answering questions pertaining to a study.

Question 5 options:

Question 6 (1 point)

Researchers want to test a new type of surgical procedure. Individuals are randomly placed in one of two groups. Ten individuals receive the new surgery, while the other 10 individuals receive the old surgery as a control. The participants do not know which surgical procedure they receive. Researchers are aware of which individuals are placed in each group. Which of the following characteristics of a controlled experiment has not been satisfied?

Question 6 options:

Question 7 (1 point)

Which of the following would not necessarily be considered one of the four principles of good practice in a controlled experiment?

Question 7 options:

On November 1, 2016, Campbell Corporation management decided to discontinue operation of its Rocketeer Division and approved a formal plan to dispose of the division. Campbell is a successful corporation with earnings of $188 million or more before tax for each of the past five years. The Rocketeer Division, a major part of Campbell’s operations, is being discontinued because it has not contributed to this profitable performance.

The division’s main assets are the land, building, and equipment used to manufacture engine components. The land, building, and equipment had a net book value of $53 million on November 1, 2016.

Campbell’s management has entered into negotiations for a cash sale of the division for $45 million (net of costs to sell). The sale date and final disposal date of the division is expected to be July 1, 2017. Campbell Corporation has a fiscal year ending May 31. The results of operations for the Rocketeer Division for the 2016–17 fiscal year and the estimated results for June 2017 are presented below. The before-tax losses after October 31, 2016, are calculated without depreciation on the building and equipment.

The Rocketeer Division will be accounted for as a discontinued operation on Campbell’s financial statements for the year ended May 31, 2017. Campbell’s tax rate is 25% on operating income and all gains and losses. Campbell prepares financial statements in accordance with IFRS.

Indicate how the Rocketeer Division’s assets would be reported on Campbell Corporation’s balance sheet as at May 31, 2017.

Question 2 (IAS 21) Sugar Limited is a mining company operating across Europe and the Middle East. Sugar’s functional currency is the Euro (€).

On 25th March 2015, the directors came across classified information regarding the discovery of diamonds in Guatemala. Sugar Limited approached the two main banks in Guatemala, Barclays Bank and Standard Bank, for a loan that would fund a start-up mine in the area. The local currency in Guatemala is the Guatemalan Guenzel (G).

Barclays bank offered a larger amount but at a relatively high 12% interest rate whereas after a month of negotiations, Standard bank agreed to drop its rates to 8%, albert on a lower sum. Sugar limited signed a loan agreement with Standard Bank, the terms of which are as follows:

Terms of the standard bank loan ? Loan amount, effective 1 June 2015 G 48 000 000

? Interest rate, capitalised annually on 31 May 8%

? Loan repayments Annually , due on 31 May

? Annual loan repayments to include interest for the preceding 12 months plus a set capital amount of: G 960 000

? Repayment term 50 years

Related exchange rates as follows

Date Exchange Rates Euro 1: Guenzel (G)

01 June 2015 1: 8.0

31 March 2016 1: 6.0

31 May 2016 1: 7.5

31 March 2017 1: 7.8

Average for 1 June 2015 to 31 March 2016 1:7.0

Average for 1 April to 2016 to 31 May 2016 1: 7.2

Average for 1 June 2016 to 31 March 2017 1: 7.2

Required Prepare the necessary journal entries in Sugar Limited’s general journal for its year ended 31 March 2016 and 31 March 2017. (Ignore tax but show all your workings)

As the Manager of the Bronxville location of the Metropolitan Clinic, you have been assigned to complete the 2017 operating expense budget. This clinic provides primary care to patients of all ages. It has contracts in place with all of the major payers as well as all of the Medicaid Managed Care providers currently licensed in NY State.

In preparing your budget for next year you have been given several assumptions, as follows:

• Salaries, benefits and taxes will increase by 4.2% with no adjustment for volume changes.
• Budgeted amounts for rent and physician services are fixed by contract and in 2017 will equal 2016 levels.
• The cost of Drugs is expected to increase by 8.9%
• All other items are expected to increase by 5%.
• No more money is available in 2016 to spend on office equipment, but an additional $5,000 in medical equipment will be spent in the remainder of 2016.  The medical and office equipment budgets for 2017 will equal the 2016 projected actual.

The data you have been provided for the current year, 2016, is actual expense thru August.

In completing this sheet, you must project 2016 final actual expenses and then project the budget amounts for 2017. Do not just insert numbers into the various cells, use formulas to do your calculations.

Arlington Corporation's financial statements (dollars and shares are in millions) are provided here.

Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000.

1. Construct Arlington's 2016 statement of stockholders' equity.

   	Common Stock		Retained Earnings	Total Stockholders' Equity
   	Shares	Amount
   Balances, 12/31/15	4000 million	40000 million	38500 million	???
   2016 Net Income			22950 million
   Cash Dividends			12890  million
   Addition to retained earnings				???
   Balances, 12/31/16	4000 million	40000 million	49390  million	???

2. What was Arlington's 2016 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to two decimal places.
   
   $    million
3. 
   
4. What was Arlington's MVA at year-end 2016? Assume that its stock price at December 31, 2016 was $25.
   
   $    million

Remaining Life Taylor Lewis Company has provided information on intangible assets as follows: a. During 2015, a patent was purchased from Craig Company for $4,000,000 on June 1, 2015. Lewis estimated the remaining useful life of the patent to be eight years. The patent was carried in Craig’s accounting records at a net book value of $3,500,000 when Craig sold it to Lewis. On January 1, 2016, because of recent events in the field, Lewis estimates that the remaining life of the patent purchased on June 1, 2015, is only five years from January 1, 2016. b. During 2016, a franchise was purchased from Faragher Company for $360,000. Lewis estimates the useful life of the franchise to be 12 years and takes a full year’s amortization in the year of purchase. In addition, 8% of revenue from the franchise must be paid to Faragher each year. Revenue from the franchise for 2016 was $1,950,000. c. Lewis incurred research and development costs in 2016 as follows: Materials and equipment $286,500 Personnel $153,700 Indirect costs $95,355 Total $535,555 Lewis estimates that these costs will be recouped by December 31, 2019. The materials and equipment purchases have no alternative uses. Required: 1. Prepare a partial balance sheet showing the intangible section only of Lewis’s balance sheet as of December 31, 2016. Show supporting computations in good form. 2. Prepare a partial income statement showing the income statement effect for the year ended December 31, 2016, as a result of the facts above. Show supporting computations in good form. Write a paper and format it according to the CSU-Global Guide to Writing and APA Requirements. The paper must show all calculations used to arrive at the answers. Insert any Excel spreadsheets into the Word document and submit only the Word document.

On August 3, 2015, Jeffrey Corporation purchased 3,800 shares of Kevin Company for $220,400. The following information applies to the stock price of Kevin Company:

Kevin Company declares and pays cash dividends of $4 per share on June 1 of each year.

1. Record the appropriate journal entries for:
August 04, 2015
December 31, 2015
June 01, 2016
December 31, 2016
June 01, 2017
December 31, 2017

2.
8/4/2015 Record the purchase of 3,800 shares of Kevin Company for $220,400
12/31/2015 Record the fair value effects at year-end when the market price of the stock is $57 per share
6/1/2016 Record the cash dividends of $4 per share
12/31/2016 Record the fair value effects at year-end when the market price of the stock is $62 per share
6/1/2017 Record the cash dividends of $4 per share
12/31/2017 Record the fair value effects at year-end when the market price of the stock is $66 per share

3.
8/4/2015 Record the purchase of 3,800 shares of Kevin Company for $220,400
12/31/2016Record Jeffrey Corporations 35% portion of Kevin Company's $59,000 income
6/1/2016 Record the cash dividends of $4 per share
12/31/2016 Record Jeffrey Corporations 35% portion of Kevin Company's $59,000 income
6/1/2017 Record the cash dividends of $4 per share
12/31/2017 Record Jeffrey Corporations 35% portion of Kevin Company's $59,000 income

Required information [The following information applies to the questions displayed below.] Simon Company’s year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 31,313 $ 36,602 $ 36,999 Accounts receivable, net 88,959 63,420 49,332 Merchandise inventory 110,719 83,805 53,069 Prepaid expenses 10,084 9,418 4,153 Plant assets, net 284,405 259,755 233,947 Total assets $ 525,480 $ 453,000 $ 377,500 Liabilities and Equity Accounts payable $ 129,536 $ 78,854 $ 50,827 Long-term notes payable secured by mortgages on plant assets 98,790 103,148 82,593 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 134,654 108,498 81,580 Total liabilities and equity $ 525,480 $ 453,000 $ 377,500 The company’s income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 2017 2016 Sales $ 683,124 $ 539,070 Cost of goods sold $ 416,706 $ 350,396 Other operating expenses 211,768 136,385 Interest expense 11,613 12,399 Income taxes 8,881 8,086 Total costs and expenses 648,968 507,266 Net income $ 34,156 $ 31,804 Earnings per share $ 2.10 $ 1.96 Calculate the company’s long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios.

(1) Debt and equity ratios.

Debt Ratio Choose Numerator: / Choose Denominator: = Debt Ratio / = Debt ratio 2017: / = % 2016: / = %

Equity Ratio Choose Numerator: / Choose Denominator: = Equity Ratio / = Equity ratio 2017: / = % 2016: / = %

(2) Debt-to-equity ratio.

Debt-To-Equity Ratio Choose Numerator: / Choose Denominator: = Debt-To-Equity Ratio / = Debt-to-equity ratio 2017: / = 0 to 1 2016: / = 0 to 1

Problem 3-24 Free Cash Flow (LO3)

The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2016.

In 2016 Quick Burger had capital expenditures of $3,057.

a. Calculate Quick Burger’s free cash flow in 2016. (Enter your answer in millions.)

b. If Quick Burger was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 35%.) (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)

c. What would the company’s free cash flow have been if it was all-equity financed?

• JAVA single method Loop (for beginner)
• Name your class LoopsFiles
• Create a program that reads a list of names from a source file and writes those names to a CSV file.
• The source file name and target CSV file name should be requested from the user
• The source file can have a variable number of names so your program should be dynamic enough to read as many names as needed
• When writing your CSV file, the first row (header row) should be “Number, Name”.
• The final CSV should have the header row and a row with the sequential number, name read.
• The program should display an error message if the source file doesn’t exist.
• If the destination file exists the program should warn the user and prompt the user if they want to overwrite the existing file (Y/N).
  • The user should be prompted until they enter Y for yes to overwrite, or enter a unique name after answering N for the overwrite prompt.
• Submit your single .java file

Source file example:

John
Peter
Jane
Mary
Evelyn
Daniel

New CSV File example:

Number, Name
1,John
2,Peter
3,Jane
4,Mary
5,Evelyn
6,Daniel

Example Scenario 1 – Normal run:

Enter source file name: source.txt
Enter destination file name: destination.csv
Your file is ready!

Example Scenario 2 – File doesn’t exist:

Enter source file name: source.txt
Enter destination file name: destination.csv
Source file doesn’t exist!

Example Scenario 3 – Target file already exists (overwrite):

Enter source file name: source.txt
Enter destination file name: destination.csv
Target file already exists. Overwrite existing file? (Y/N): N
Enter destination file name: destination.csv
Target file already exists. Overwrite existing file? (Y/N): N
Enter destination file name: destination.csv
Target file already exists. Overwrite existing file? (Y/N): N
Enter destination file name: destination.csv
Target file already exists. Overwrite existing file? (Y/N): Y
Your file is ready!

Example Scenario 4 – Target file already exists (new name given):

Enter source file name: source.txt
Enter destination file name: destination.csv
Target file already exists. Overwrite existing file? (Y/N): N
Enter destination file name: destination.csv
Target file already exists. Overwrite existing file? (Y/N): N
Enter destination file name: destination2.csv
Your file is ready!