1. The ultimate purpose of indifference curve analysis is to illustrate that:

2. The price of a bus ride decrease, but the total revenue of the bus company does not change. This means the demand for the bus rides must be approximately

3. If, when the price of a product rises from $1.50 to $2, the quantity demanded of the product decreases from 1,000 to 900, the price elasticity of demand coefficient, using the midpoint formula, is

1. Soda accounts for 50% of Coke’s revenue. True or false?
2. Marshalls and Homegoods are under one company. True or false?
3. The Edge is a smart building in Germany. True or false?
4. General Electric quickworks approach is a special kind of results-driven change. True or false?
5. “Tricorder” scans people’s health for 3 conditions. True or false?
6. There are parts of S-Curves that overlap in technological innovation. True or false?

1. The proportion of basketball players who have not had a missed shot in MBA last year is 27 out of a sample of top 60 players.

                     (5 marks)

                        Hint: The standard deviation of population and the standard deviation of the sample are unknown, thus you have to use the square root of p(1-p)/n as a best estimate of the standard deviation.

1. Test the hypothesis that the population proportion of basketball players who have not had a missed shot in MBA last year is greater than 0.42 using the critical value approach and a 0.05 level of significance.

2. Test the hypothesis that the population proportion of customers who are completely satisfied is different from 0.5 using the p-value approach and a 0.05 level of significance

A fashion designer was looking to improve her brand's most recent collection of clothes by adding a casual line to the brand as well. The casual line would include shorts, t-shirts, and sandals. The designer sampled seven potential customers to find the average price they were willing to pay for their favorite brand of shorts. The results are as follows. 21, 24, 26, 28, 27, 30, 12

1. Calculate the margin of error for a 95% confidence interval for the population mean. (Use a table or technology. Round your answer to three decimal places.)

2. Calculate the 95% confidence interval for the population mean. (Use a table or technology. Round your answers to three decimal places.)

abc ltd. revenue for 2012 amounted to $564 000 (2011- $315 000) purchases of inventory for the two years were as follows: 2012 - $303 000 2011 - $182 500 operating expenses were : 2012 $100 000 2011 $78 000 profit before tax at the end of 2012 was $27 500. no dividends had been paid in the last few years. taking into account the above information, the directors decided to change the basis for valuing inventories to weighted average cost as it will result in a more appropriate presentation of events/ transaction in the financial statements of the company.a summary of the closing inventories is provided below: 2009 ($) 2010 ($) 2011 ($) 2012 ($) on the first in, first out method 18 000 19 500 27 000 48 000 on t he wei ght ed aver age cost met hod 19 000 22 900 34 800 51 000required prepare the statement of comprehensive income for abc ltd for the year ended 31 december 2012, applying the new inventory valuation method.

Forecast the advertising revenue for each quarter in 2011 using seasonal dummy variables and a best subsets regression.​ (Let the first dummy variable be equal to 1 for Quarter 2 and so​ on, following the order of the seasonal categories in the given​ table.

2008

2009

2010

A) The revenue forecast for the first quarter in 2011 is?

The revenue forecast for the second quarter in 2011 is?

The revenue forecast for the third quarter in 2011 is?

The revenue forecast for the fourth quarter is?

B.) quarter 4 has an average revenue that is ___ above that for quarter !

C.) Calculate the MAD for the forecast.

Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows:

a. Rebuilt and delivered five pianos in January to customers who paid $18,700 in cash.

b. Received a $560 deposit from a customer who wanted her piano rebuilt.

c. Rented a part of the building to a bicycle repair shop; received $900 for rent in January.

d. Received $7,500 from customers as payment on their accounts.

e. Received an electric and gas utility bill for $510 to be paid in February.

f. Ordered $910 in supplies.

g. Paid $1,540 on account in January.

h. Received from the home of Stacey Eddy, the major shareholder, a $960 tool (equipment) to use in the business in exchange for 110 shares of $1 par value stock.

i. Paid $14,200 in wages to employees who worked in January.

j. Declared and paid a $2,000 (reduce Retained Earnings and Cash).

k. Received and paid cash for the supplies in (f).

1 & 2. Enter the following transactions for January of the second year into the T-accounts, using the letter of each transaction as the reference.

3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were:

Revenues ________ - Expenses ______ = Net Income _______

Assets ______ = Liabilities _______ + Stockholders' equity ________

4. What is net income if Stacey’s used the cash basis of accounting?

Net Income _________

Big Steel Company recorded an efficiency rating at each of its four manufacturing locations every day for a fourteen-day period (provided below). As a member of their evaluation team you are asked if the average efficiency is the same across all locations. Determine your hypotheses, run the appropriate test, and provide the appropriate conclusion to the director of your team.

The Perotti Pharma Company is investigating the relationship between advertising expenditures and the sales of some over-the-counter (OTC) drugs.

The following data represents a sample of 10 common OTC drugs. Note that AD = Advertising dollars in millions and S = Sales in millions $.

1. What is the equation of the regression line?

2. Interpret the slope in the context of the problem.

3. Find the coefficient of determination.

4. Interpret the meaning of R² in the context of the problem.

5. State the hypotheses to test for the significance of the regression equation.

6. Is there a significant relationship between dependent and independent variables at alpha=0.05? Why?

7. Create a 95% confidence interval for Sales if Advertising dollars = $50 million and interpret its meaning.

8. Paste the table with the results of regression analysis.

Determining how Assets, Liabilities, Shareholders Equity, Revenue, Expense, and Net Income are understated, overstated, or not affected by a company's action.

Example:

1. A company did not record a sale made on account for services that have been provided.

2. The amount of cash a customer paid for a sale previously made on credit was understated.

3. The value of inventory purchased on account was understated.

4. Our company recently purchased inventory. The purchase of the inventory was recorded correctly; however, the cost of shipping the inventory was not recorded. The company paid cash for the shipping expense.

I would appreciate if you could teach me how to do this. Thank you!