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, 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 |
|
|||||
In: Accounting
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 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 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 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 | ||
| Sum of Squares, Treatment | |
| Sum of Squares, Error | |
| Mean Squares, Treatment | |
| Mean Squares, Error |
In: Statistics and Probability
In: Finance
| 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
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 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