Questions
2014 I 31 2017 I 69 II 24 II 54 III 23 III 46 IV 16...

2014 I 31 2017 I 69 II 24 II 54 III 23 III 46 IV 16 IV 32 2015 I 42 2018 I 82 II 35 II 66 III 30 III 51 IV 23 IV 38 2016 I 53 2019 I 91 II 45 II 72 III 39 III 59 IV 27 IV 41 Create a multiple regression equation incorporating both a trend (t=0 in 2013: IV) and dummy variables for the quarters. Let the first quarter represent the reference (or base) group. Complete (e) thru (h) using your results. This is a computer deliverable. (e) Test to see if there is an upward trend in new customers. Use alpha = 0.01. (f) Test to see if the model has explanatory power. Use alpha = 0.05. (g) Forecast the number of new customers in the first and second quarters of 2020. (h) Test for the existence of first order autocorrelation, use alpha = 0.05. The calculated dw = 1.19.

In: Statistics and Probability

Val’s Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2018,...

Val’s Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2018, follows, along with information about selected accounts.

Account Names Debit Credit Further Information
Cash $ 4,800 As reported on December 31 bank statement.
Supplies 5,300 Based on count, only $1,800 of supplies still exist.
Prepaid Rent 9,000

This amount was paid November 1 for rent through the end of January.

Accounts Payable $ 2,000

This represents the total amount of bills received for supplies and utilities through December 15. Val estimates that the company has received $550 of utility services through December 31 for which it has not yet been billed.

Salaries and Wages
Payable
0

Stylists have not yet been paid $200 for their work on December 31.

Income Tax Payable 0

The company has paid last year’s income taxes but not this year’s taxes.

Common Stock 3,000 This amount was contributed for common stock in prior years.
Retained Earnings 800 This is the balance reported at the end of last year.
Service Revenue 92,400 Customers pay cash when they receive services.
Salaries and Wages
Expense
30,100

This is the cost of stylist wages through December 30.

Utilities Expense 13,200 This is the cost of utilities through December 15.
Rent Expense 30,000 This year’s rent was $3,000 per month.
Supplies Expense 5,800

This is the cost of supplies used through November 30.

Income Tax Expense 0 The company has an average tax rate of 20%.
Totals $ 98,200 $ 98,200
  1. 4-a. Prepare the adjusted net income that the company should report for the year ended December 31, 2018.
  2. 4-b. By what dollar amount did the adjustments in requirement (3) cause net income to increase or decrease?

In: Accounting

The Eyes Have It sells custom eyewear during Year One that come with an embedded warranty....

The Eyes Have It sells custom eyewear during Year One that come with an embedded warranty. If the glasses break during Year Two, they will be fixed for free. Customers may also purchase an extended warranty that covers Year Three. During Year One, the company sold 55,000 pairs of eyeglasses for $1,000,000. Customers who purchased 40,000 of those pairs also purchased the Year Three extended warranty. The extended warranty brought in additional cash of $200,000. The company expects that 6 percent of the glasses will break during Year Two, and another 8 percent will break during Year Three. Each repair will cost $20 to fix.

a. Record the embedded warranty in Year One.

b. Record the sale of the extended warranties in Year One.

c. Assume that during Year Two the company spends $70,000 to repair glasses for these customers.

Prepare the necessary journal entry.

d. Assume that during Year Three the company spends another $102,000 to repair glasses that are

covered under the extended warranty. Prepare the necessary journal entry.

In: Accounting

Exercise 1-50 (Algorithmic) Statement of Cash Flows Walters Inc. began operations on January 1, 2019. The...

Exercise 1-50 (Algorithmic)
Statement of Cash Flows

Walters Inc. began operations on January 1, 2019. The following information relates to Walters' cash flows during 2019.

Cash received from owners $201,900
Cash paid for purchase of land and building 126,900
Cash paid for advertising 34,200
Cash received from customers 139,600
Cash paid to purchase machine 32,200
Cash paid to employees for salaries 46,400
Cash paid for dividends to stockholders 37,900
Cash paid for supplies 28,700

Required:

1. Calculate the cash provided/used for each cash flow category. If a net amount is negative (a cash outflow), enter your answer as a negative number.

Net cash provided by operating activities $
Net cash used by investing activities $
Net cash provided by financing activities $

2. Conceptual Connection: Comment on Walters' creditworthiness.

Walters has positive cash flow, especially from operations , showing the company is in a good financial position to pay its debts as they come due. The negative cash flow from investing activities is a sign of a growing company that is investing in revenue-producing assets.

In: Accounting

Given the following​ data, calculate the cost of goods sold using the LIFO costing method assuming...

Given the following​ data, calculate the cost of goods sold using the LIFO costing method assuming that periodic inventory records are kept in dollars.

Date

Item

Unit

​1/1

Beginning inventory

5 units at​ $22 per unit

3/18

Purchase of inventory

11 units at​ $24 per unit

​6/20

Purchase of inventory

9 units at​ $27 per unit

​9/27

Purchase of inventory

28 units at​ $28 per unit

​11/27

Purchase of inventory

28 units at​ $29 per unit

​12/31

Ending inventory

18 units

$1,785.

$522

$1,691.

$428

$1,386

None of the above.

In: Accounting

To test whether the mean time needed to mix a batch of material is the same...

To test whether the mean time needed to mix a batch of material is the same for machines produced by three manufacturers, the Jacobs Chemical Company obtained the following data on the time (in minutes) needed to mix the material.

Manufacturer

1 2 3
21 27 24
27 24 18
24 30 24
18 24 21
  1. Use these data to test whether the population mean times for mixing a batch of material differ for the three manufacturers. Use = .05.

    Compute the values below (to 2 decimals, if necessary).
    Sum of Squares, Treatment
    Sum of Squares, Error
    Mean Squares, Treatment
    Mean Squares, Error


    Calculate the value of the test statistic (to 2 decimals).



    The p-value is Selectless than .01between .01 and .025between .025 and .05between .05 and .10greater than .10

    What is your conclusion?

    SelectConclude the mean time needed to mix a batch of material is not the same for all manufacturersDo not reject the assumption that mean time needed to mix a batch of material is the same for all manufacturers
  2. At the = .05 level of significance, use Fisher's LSD procedure to test for the equality of the means for manufacturers 1 and 3.

    Calculate Fisher's LSD Value (to 2 decimals).



    What is your conclusion about the mean time for manufacturer 1 and the mean time for manufacturer 3?

    SelectCannot conclude there is a difference in the mean time for these manufacturersThese manufacturers have different mean times

In: Statistics and Probability

Identify the primary goal of the management of a publicly held corporation, and understand the relationship...

  1. Identify the primary goal of the management of a publicly held corporation, and understand the relationship between stock prices and shareholder value. Briefly explain the conflicts between managers and stockholders, and explain useful motivational tools that can help to prevent these conflicts.

In: Finance

Estriol - X Birthweight -y 7 25 9 25 9 25 12 27 14 27 16...

Estriol - X Birthweight -y
7 25
9 25
9 25
12 27
14 27
16 27
16 24
14 30
16 30
16 31
17 30
19 31
21 30
24 28
15 32
16 32
17 32
25 32
27 34
15 34
15 34
15 35
16 35
19 34
18 35
17 36
18 37
20 38
22 40
25 39
24 43

The table shown above is taken from the Greene-Touchstone study which shows the relationship between birthweight and estriol level in pregnant women near term. Use SPSS to solve this problem

a. What is the equation of the estimated regression line?

= ______________

b. Plot the data and graph the line. Does the line appear to provide a good fit to the data points?

c. Use the least-squares line to predict the value of y when x =22

d. Fill in the missing entries in the SPSS analysis of variance table

Source             DF                   SS                    MS                  F                      P

Regression                  

Error                ____                _____                                      ____________

e) Is the simple linear regression model useful for predicting birthweight from a given amount of estriol?

f) What is the p-value?

g) Based on the p-value, one can deduce that A linear relationship ________ between x and y.

h) The simple linear regression model ______________ useful for predicting birth weight from estriol levels

i) What is the coefficient of determination. (r-squared) or r?

j) Interpret the coefficient (r-squared) of determination.

In: Statistics and Probability

Escitalopram with half life 27 - 32 hours question 1 half life 27-32 hours Calculate how...

Escitalopram with half life

27 - 32 hours

question 1

half life 27-32 hours

  • Calculate how long it takes to eliminate 95% of a single dose of escitalopram from the body. Provide the range of values and the equation used.
  • From the given pharmacokinetics parameter, explain which elimination model of escitalopram is likely to follow.

questionB

what is the mechanism of actions of escitalopram, and the affect escitalopram has on the structure of the target site

Identify the molecular target for escitalopram, and explain the full mechanism of action (including signalling) for escitalopram . identify the specific target receptors and structure of escitalopram and how it affect affects it target.

question C

what are thetheraputic use and adverse affects of escitalopram. Explain why this adverse effect occurs.

the pharmacokinetics of escitalopram

In: Nursing

Identify the basic assumption or broad accounting principle that was violated in each of the following...

Identify the basic assumption or broad accounting principle that was violated in each of the following situations.

1. Pastel Paint Company purchased land two years ago at a price of $250,000 Because the value of the land has appreciated to $400,000 the company has valued the land at$400,000 in it's most recent balance sheet.  

2. Atwell Corp has not prepared financial statements for external users for over three years

3. The Klingon Company sells farm machinery Revenue from a large order of machinery from a new buyer was recorded the day the order was received

4. Don Smith is the sole owner of a company called Hardware City The company recently paid a $150 utility bill for Smith's personal residence and recorded a $150 expense

5. Golden Book Company purchased a large printing machine for $1,000,000 (a material amount) and recorded the purchase as an expense

6. Ace Appliance company is involved in a major lawsuit involving injuries sustained by some of it's employees in the manufacturing plant. The company is being sued for $2,000,000 a material amount an is not insured. The suit was not disclosed in the most recent financial statements because no settlement had been reached

Answer options are:

Expense recognition; materiality

Revenue recognition

The economic entity assumption

The full disclosure principle

The historical cost (original transaction value) principle

The periodicity assumption

Select one answer per question please

In: Accounting