A starting lineup in basketball consists of two guards, two forwards, and a center. (a) A certain college team has on its roster three centers, five guards, three forwards, and one individual (X) who can play either guard or forward. How many different starting lineups can be created? [Hint: Consider lineups without X, then lineups with X as guard, then lineups with X as forward.] Correct: Your answer is correct. lineups (b) Now suppose the roster has 3 guards, 5 forwards, 3 centers, and 2 "swing players" (X and Y) who can play either guard or forward. If 5 of the 13 players are randomly selected, what is the probability that they constitute a legitimate starting lineup? (Round your answer to three decimal places.)

Umbrella Corporation maintains computer equipment and provides consulting services in 10 states and 15 countries. The corporation has a fleet of 4 Corporate jets and 3 Helicoptors and employs 6 full time pilots who receive salary and benefits. The most appropriate way to allocate the total cost of the corporate jets, helicopters, and pilots to individual user departments who travel worldwide to provide consulting service to clients would be:

a. number of employees in each department

b. number of trips taken by each department

c. number of miles flown by each department

d. sales revenue generated by each user department.

Comments:

- Can you explain why Answer C would be the correct answer? I would appreciate it.

- This is a created example that complies with Chegg's honor code.

2.3) A starting lineup in basketball consists of two guards, two forwards, and a center.

(a) A certain college team has on its roster four centers, four guards, three forwards, and one individual (X) who can play either guard or forward. How many different starting lineups can be created? [Hint: Consider lineups without X, then lineups with X as guard, then lineups with X as forward.]

(b) Now suppose the roster has 4 guards, 5 forwards, 4 centers, and 2 "swing players" (X and Y) who can play either guard or forward. If 5 of the 15 players are randomly selected, what is the probability that they constitute a legitimate starting lineup? (Round your answer to three decimal places.)

17. Height of Men and Women in the U.S. Women: μ= 64 inches , σ = 3.5 Men: μ= 70 inches , σ = 4

a. calculate the z score that corresponds to a women height of 68 inches.

b. state the percentile ranking for that score.

c. for both women and men in the US, calculate the z score and raw score (in inches) that separates the tallest 2.5% from the 97.5% of scores below.  

d. for both women and men in the US, calculate the z score and raw score in inches, that separates the shortest 2.5% of the population from the other 97.5%

f. What percent of women and men in the US have heights between the two z scores you calculated to answer questions c and d ?

A 25 year old unmarried female reports having a positive home pregnancy test and estimates that it has been approximately twelve weeks since her last menstrual period. She and her family work in the agricultural industry and much of her time is spent in the greenhouse or in the fields, where she uses pesticides and fertilizers. This individual is 5’7 and weighs 165lbs; blood pressure is 140/80 mmHg. She has a family history of diabetes and pre eclampsia. She holds a guest worker (H2A) visa for the state of Florida and has health insurance through the Affordable Care Act. She reported her pregnancy to her supervisor and asked to be moved to another area of the farm, away from the use of chemicals. Her supervisor refused to relocate her, indicating he had no other openings on the farm. She is a devout Muslim who has declined to inform the potential father, a devout Catholic, of the pregnancy. No other members of her family (her mother, father and younger sister) are aware of her condition.

1. What social challenges does this individual face?

2.What are her religious obligations in regards to her pregnancy and does she have a moral obligation to notify the potential father?

3. If the pregnancy is unwanted, what choices does she have?

4. What areas of social support might she access?

There is much concern raised today regarding the level of national debt in the US. Considering this, and the continuing use of fiscal policy, is the US at risk for hyperinflation? What are the implications for the macro-economy? For industry? How might globalization and global conflict contribute or ease the potential impacts?

please refer from the textbook MACROECONOMICS by N Gregory Mankiw

ABC Limited is a family owned business that has been in operation for the past ten years. The
company based in Kabwe manufactures one product: desks.
ABC limited Managing Director, Mr. Aubrey Bwalwa Chuungu has been away on a business trip
to China for the past three months. He is worried that the current outbreak of the Corona virus
and the subsequent restrictions imposed on commerce by the Zambian government may have had
adverse financial consequences for the company.
You are the Management Accountant of ABC Limited.
On his return, Mr. Chuungu , who is a non-finance specialist, has requested a financial review of
the company’s financial performance for the last month , May 2020 in order to put his fears to
rest.
You have just received an email from Mr. Chuungu to conduct a financial performance analysis
for the month May, 2020.
You have retrieved the following computer printout from the company’s management accounts
for the month of May, 2020:
Actual Budget
Sales volume 4,900 units 5,000 units
Selling price per unit K11.00 K10.00
Production volume 5,400 units 5,000 units
Direct materials:
Quantity 10,600 kg 10,000 kg
Price per kg K0.60 K0.50
Direct labour:
Hours 2,970 2,500
Rate per hour K3.80 K4.00
3
Fixed overheads:
Production K10, 300 K10, 000
Administration K3,100 K3,000
ABC Limited uses a standard absorption costing system, absorbing overheads into products
using labour hours.
There was no opening or closing work-in-progress for the month of May,2020.
Required:
(a) Prepare a statement that reconciles the budgeted profit with the actual profit for the
month of May, 2020, showing individual variances in as much detail as possible.

Problem 2: Jonah and the Whale

Jonah, Inc. has two operating divisions in a decentralized structure. Division X is located in the US and produces the Xwater, which is an input to Division Y’s WhaleY. Division Y is located in the South of France. Division X uses idle capacity to produce Xwater. Xwater has a US domestic market price of $60. Its variable costs are $25 per unit. Jonah’s US tax rate is 40% of income. In addition to the transfer price for each Xwater received from Division X, Division Y also pays a shipping fee of $15 per unit ofXwater to get the Xwater from the US to France. The WhaleY costs an additional $10 to produce and sells for an equivalent of $115. Division Y could purchase Xwater from a Paris supplier for $50 per unit with no shipping cost. The company’s French tax rate is 70% of income. Assume French tax laws permit transferring at either variable cost or market price.

Assuming you have two choices – Variable and Market Price – what transfer price is economically optimal for Jonah, Inc.?

Case Study 2 – Auditing ACCT3000 (Semester 2, 2019)
You are an Audit Senior currently planning the 30 June 20X9 audit of Technology Limited, an Australian-owned company that produces and exports computer chips to China. At a recent planning meeting with Technology Limited’s senior staff, you obtained the following overview of this year’s operations:
Tight checks by Australian custom officials have delayed several shipments of computer chips. These delays have angered Chinese customers who are threatening to deduct 20% from the amounts owing as compensation for lost production time.
One of Technology Limited’s customers, Blue Chip Limited, is claiming that the latest batch of computer chips it received was found to be faulty. Blue Chip Limited is refusing to pay its account, which is allegedly seven months overdue. Technology Limited has claimed to have launched an investigation into the allegations, but as yet not been able to substantiate them. Technology Limited has suffered significant cash flow problems because another major customer, Creative Limited (Creative), is experiencing financial difficulties. As a result, Creative is taking well over 120 days to pay outstanding amounts, despite Creative’s terms of trade being payment within 30 days. Creative makes up 40 per cent of Technology Limited’s sales and the board has been reluctant to take any action that might adversely affect those sales. Consequently, Technology Limited has had to increase its dependency on its line of credit, and this has caused it to temporarily breach the debt to equity ratio required in its loan covenant with Big Bank Limited.
One of Technology Limited’s major suppliers went bankrupt one month ago, causing major product shortages. To overcome the problem, Peter James, the husband of the finance director, Natalie James, provided electronic components used in the production of computer chips to Technology Limited through his private company Norton Limited. Norton Limited demands payment in $US prior to the electronic components being supplied. There is no formal agreement in place with Peter James, however, the goods are being provided at competitive prices. You are concerned about the electronic components that Peter James’ company is supplying, because his products are new to the market and you have heard some of Technology Limited’s staff complaining that they are of poor quality.
Due to increased competitive pressure, Technology Limited has recently moved the manufacture of some of its computer chips to Bangladesh. Technology Limited saves around 25 per cent in costs compared to the equivalent Australian made items. However, the manufacturing process takes longer and on a few occasions late delivery from Bangladesh has resulted in lost sales.
Last month, a protester suffered a broken leg, allegedly because he was hit by a company truck. The protester is now suing Technology Limited for damages, claiming the contractor was in fact an employee of Technology Limited at the time of the accident, and was acting on Technology Limited’s instructions. Technology Limited is fighting the case and appears to have a reasonable chance of winning; however, the adverse publicity being generated is making the company nervous about its sales in the future.
During the period, the Australian dollar has remained steady against the Chinese Yuan, although it fell by about 3% against the US dollar. Debtors are invoiced in $US at the time of shipment, and payment is received in $US one month after the shipment is delivered. It takes around six weeks for the charter vessels to travel from Technology Limited’s shipyard at Bigmantle Bay to China. A recent downturn in the Chinese economy is affecting forward orders, which have fallen by 15%.
Required:
Prepare a memorandum to the audit manager, outlining your risk assessment relating to Technology
Limited. When making your risk assessment:
(a) Identify two (2) balance sheet accounts from the information provided that are subjected
to an increase in audit risk. Briefly explain what factors increase the audit risk associated
with the two (2) account balances identified. In your explanation, please mention the key
assertion(s) at risk of material misstatement and the components of the audit risk model
affected for each account balance identified.
(b) Identify how the audit plan will be affected and recommend specific audit procedures to
address the risks associated with each account balance identified.
(Please Note – Maximum Word Limit: 800 Words excluding references)