Questions
Markk Co. made the following transactions: 1. Payment of a $200 invoice on account. 2. Increase...

Markk Co. made the following transactions:

1.

Payment of a $200 invoice on account.

2.

Increase in the fair value of a Fair Value-Net Income Investment by $260.

3.

Sale on account for $120.

4.

Purchase of equipment paid for with $550 cash and a $1,105 note payable.

5.

Increase in the fair value of a Fair Value-OCI Investment by $160.

6.

Repayment of a $1,900 bank loan.

Indicate the effect of each of the transactions on (a) the basic accounting equation and (b) the expanded basic accounting equation.

A)

Assets / Liabilities / Shareholders equity Increase / decrease $

1-

2-

3-

4-

5-

6-

B)

*Assets, expense, gain, liabilities, loss, revenues, other comprehensive income, other comprehensive loss, shareholders equity

*Increase / decrease

* $

1-

2-

3-

4-

5-

6-

In: Accounting

Consider an automated plagiarism detection software that is used to evaluate essay submissions. Four sections of...

Consider an automated plagiarism detection software that is used to evaluate essay submissions. Four sections of a writing course use the software to check for plagarism, with 30% of the students in section 1, 16% in section 2, 30% in section 3, and 24% in section 4. In section 1 of a course, 20% of the essays are flagged, in section 2, 23%, section 3, 15% and section 4, 8%. (a) What percentage of total students committed plagiarism overall? (b) Given that a particular student committed plagiarism, what in the probability that they were registered for section 1 of the course. (c) Given that a particular student committed plagiarism, what in the probability that they were registered for section 2 of the course. (d) If there are 200 students registered between these 4 sections, how many students in section 3 cheated?

In: Math

The cost of a typical basket of consumer goods is shown below for six ( 6...

The cost of a typical basket of consumer goods is shown below for six ( 6 ) years. Year Cost of Basket Year Cost of Basket 1 $ 175 4 $ 211 2 $ 183 5 $ 225 3 $ 193 6 $ 236 Required: Calculate the following: 1. The CPI for each year, and the rate of inflation for years 2, 3, 4, 5 and 6. In doing this students with the last name starting with, A to C will use Year 6 as the base year, D to G will use Year 5, H to L will use Year 4, M will use Year 3, N to R will use Year 2, and S to Z will use Year 1. Both the CPI values and inflation rates must be stated to one decimal place. Please use year 6 as base year. thanks.

In: Economics

SourShocker candies just launched a new tropical flavor gummy worm. They have the following information derived...

SourShocker candies just launched a new tropical flavor gummy worm. They have the following information derived from their testing

WEEK 1

Batch 1

Batch 2

Too sour (R)

50

47

Too soft (F)

4

3

Too sticky (W)

17

19

After making improvements, they collected the following data:

WEEK 2

Batch 3

Batch 4

Too sour (R)

24

26

Too soft (F)

6

4

Too sticky (W)

32

28

  • Create Pareto charts for Week 1 and Week 2
  • Did the process improve over time? And, if so, in what way(s)
  • If you were SourShocker, and you were going to work on a single complaint for week three, what would you work on

In: Operations Management

All other things being equal, if a division’s traceable fixed expenses increase: 1) The divisions’ contribution...

All other things being equal, if a division’s traceable fixed expenses increase:

1)

The divisions’ contribution margin will increase.

2)

The divisions’ contribution margin will decrease.

3)

The divisions’ segment margin will increase.

4)

The divisions’ segment margin will decrease.

If there are traceable fixed costs then:

1)

The company will breakeven.

2)

Sales will be greater than the contribution margin.

3)

The segment margin will be less than the contribution margin.

4)

None of the above.

In a Net Present Value computation,

1)

You net together the present value of the cash inflows and the cash outflows.

2)

Cash savings are considered cash outflows.

3)

You use a present value of an annuity table to compute the cash inflow for salvage value.

4)

Cash expenses are cash inflows and cash revenues are cash outflows.

The principal difference between variable costing and absorption costing center on:

1)

Whether variable manufacturing costs should be included in product costs.

2)

Whether fixed manufacturing costs should be included in product costs.

3)

Whether selling and administrative costs should be included in product costs.

4)

None of the above.

In: Accounting

A salesperson makes four calls per day. A sample of 100 days gives the following frequencies...

  1. A salesperson makes four calls per day. A sample of 100 days gives the following frequencies of sales volumes.

Number of Sales

Observed Frequency (Days)

0

30

1

40

2

20

3

8

4

2

Records show sales are made to 30% of all sales calls. Assuming independent sales calls, the number of sales per day should follow a binomial distribution. Assume that the population has a binomial distribution with n = 4, p =.25, and x = 0, 1, 2, 3, and 4.

  1. Compute the expected frequencies for x = 0, 1, 2, 3, and 4 by using the binomial probability function. Combine categories if necessary to satisfy the requirement that the expected frequency is five or more for all categories.
  2. Use the goodness of fit test to determine whether the assumption of a binomial distribution should be rejected. State the Hypotheses and the conclusion. Use α = .10. Note: Because no parameters of the binomial distribution were estimated from the sample data, the degrees of freedom are k-1 where k is the number of categories.

PLEASE NO HANDWRITTEN ANSWERS, AND PLEASE WITH EXCEL FORMULAS!

In: Statistics and Probability

You test a new drug to reduce blood pressure. A group of 15 patients with high...

You test a new drug to reduce blood pressure. A group of 15 patients with high blood pressure report the following systolic pressures (measured in mm Hg): before medication: after medication: change: ̄y s 187 120 151 143 160 168 181 197 133 128 130 195 130 147 193 187 118 147 145 158 166 177 196 134 124 133 196 130 146 189 156.40 0 2 4 -2 2 2 4 1 -1 4 -3 -1 0 1 4 1.133 27.409 27.060 2.295 a) Calculate a 90% CI for the change in blood pressure. b) Calculate a 99% CI for the change in blood pressure. c) Does either interval (the one you calculated in (a) or (b)) include 0? Why is this important? d) Now conduct a one sample t-test using μ = 0, and α = .10. Are the results consistent with (a)? e) Finally, conduct a one sample t-test using μ = 0, and α = .01. Are the results consistent with (b)?

In: Math

ACTIVITY 3 Fill in the table below. Capital Total Product Marginal Product Average Product 0 0...

ACTIVITY 3

Fill in the table below.

Capital

Total Product

Marginal Product

Average Product

0

0

------------------

-----------------

1

20

2

50

3

90

4

136

5

170

6

198

At what amount of capital do we see diminishing marginal returns?

Fill in the table below.

Capital

Total Product

Marginal Product

Average Product

0

0

--------------------

------------------

1

45

2

65

3

58

4

224

5

36

6

48

At what amount of capital do we see diminishing marginal returns?

Fill in the table below.

Capital

Total Product

Marginal Product

Average Product

0

0

-------------

----------------

1

100

2

240

3

420

4

580

5

700

6

780

At what amount of capital do we see diminishing marginal returns?

Fill in the table below

Capital

Total Product

Marginal Product

Average Product

0

0

------------

----------------

1

150

2

160

3

160

4

680

5

140

6

145

At what amount of capital do we see diminishing marginal returns?

In: Economics

The following data are from an experiment designed to investigate the perception of corporate ethical values...

The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals who are in marketing. Three groups are considered: management, research and advertising (higher scores indicate higher ethical values).

Marketing Managers Marketing Research Advertising
5 4 10
4 4 11
3 3 10
4 3 9
5 4 10
3 3 10
  1. Compute the values identified below (to 1 decimal, if necessary).
    Sum of Squares, Treatment
    Sum of Squares, Error
    Mean Squares, Treatment
    Mean Squares, Error

  2. Use  = .05 to test for a significant difference in perception among the three groups.
    Calculate the value of the test statistic (to 2 decimals).
    The p-value is Select: less than .01, between .01 and .025, between .025 and .05, between .05 and .10, greater than .1

What is your conclusion?
Conclude the mean perception scores for the three groups are not all the same

Cannot conclude there are differences among the mean perception scores for the three groups

c. Using  = .05, determine where differences between the mean perception scores occur.
Calculate Fisher's LSD value (to 2 decimals).

Test whether there is a significant difference between the means for marketing managers (1), marketing research specialists (2), and advertising specialists (3).

Difference Absolute Value Conclusion
1 -  2 Select:Significant difference or No significant difference
1 -  3 Select: Significant difference or No significant difference
2 -  3 Select: Significant difference or No significant difference

In: Statistics and Probability

The following data are from an experiment designed to investigate the perception of corporate ethical values...

The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals who are in marketing. Three groups are considered: management, research and advertising (higher scores indicate higher ethical values).

Marketing Managers Marketing Research Advertising
5 4 10
4 4 11
3 3 10
4 3 9
5 4 10
3 3 10
  1. Compute the values identified below (to 1 decimal, if necessary).
    Sum of Squares, Treatment
    Sum of Squares, Error
    Mean Squares, Treatment
    Mean Squares, Error

  2. Use  = .05 to test for a significant difference in perception among the three groups.
    Calculate the value of the test statistic (to 2 decimals).
    The p-value is Select: less than .01, between .01 and .025, between .025 and .05, between .05 and .10, greater than .1

What is your conclusion?
Conclude the mean perception scores for the three groups are not all the same

Cannot conclude there are differences among the mean perception scores for the three groups

c. Using  = .05, determine where differences between the mean perception scores occur.
Calculate Fisher's LSD value (to 2 decimals).

Test whether there is a significant difference between the means for marketing managers (1), marketing research specialists (2), and advertising specialists (3).

Difference Absolute Value Conclusion
1 -  2 Select:Significant difference or No significant difference
1 -  3 Select: Significant difference or No significant difference
2 -  3 Select: Significant difference or No significant difference

In: Statistics and Probability