Questions
Generate a Punnett square for a heterozygous individual crossed with a heterozygous individual. Make the mutation...

Generate a Punnett square for a heterozygous individual crossed with a heterozygous individual. Make the mutation recessive. What percentage of the offspring contain the mutation?

In: Biology

This week, we are going to discuss individual rights by doing the following: Select an individual...

This week, we are going to discuss individual rights by doing the following:

  1. Select an individual healthcare related right from Chapter 6 of our e-text such as EMTALA, Women in Labor Act, Roe v. Wade, access to health insurance (the ACA), access to reproductive rights such as birth control and abortion. I selected Women In Labor Act
  2. Describe the right briefly and then discuss if there are any attempts to curtail (reduce) or eliminate (erase) these rights. You can use the cases described in the e-text in this chapter or cases you find in Westlaw or on the World Wide Web. Describe any opposition to the efforts to reduce or eliminate these currently available individual rights to health care services and access.

In: Nursing

Should we protect the individual or let the individual find their own solution?why?

Should we protect the individual or let the individual find their own solution?why?

In: Psychology

How does a group influence the behavior of the individual? How does an individual counter the...

How does a group influence the behavior of the individual? How does an individual counter the influence of the group? write at least 250 words

In: Psychology

The voltage in a circuit is 115 volts. A particular technique for measuring the voltage gives...

The voltage in a circuit is 115 volts. A particular technique for measuring the voltage gives readings which are normally distributed with mean μ=115 volts and standard deviation 5 volts. Show that the average of four readings has smaller probability of differing from the true value by 3 volts than an individual reading. Hence show that average of several measurement of the same thing is always more accurate than an individual measurement.

In: Statistics and Probability

The voltage in a circuit is 115 volts. A particular technique for measuring the voltage gives...

The voltage in a circuit is 115 volts. A particular technique for measuring the voltage gives readings which are normally distributed with mean μ=115 volts and standard deviation 5 volts. Show that the average of four readings has smaller probability of differing from the true value by 3 volts than an individual reading. Hence show that average of several measurement of the same thing is always more accurate than an individual measurement.

In: Statistics and Probability

Question 1 How would a sale of $400 of inventory on credit affect the balance sheet...

Question 1

How would a sale of $400 of inventory on credit affect the balance sheet if the cost of the inventory sold was $160?

It would increase noncash assets by $400 and increase equity by $400

It would decrease noncash assets by $160 and decrease equity by $160

It would increase cash by $400 and increase equity by $400

Both the first and the second choices, above happen simultaneously

Question 2

How would a purchase of inventory on credit affect the income statement?

It would increase liabilities

It would decrease retained earnings

It would increase assets

None of the above

Question 4

Which one of the following statement(s) is (are) most likely to be TRUE?

I. When shareholders contribute capital to a company, earned capital increases because the company has earned the shareholders’ investments.
II. Revenues and expenses affect the income statement but not the balance sheet.
III. Retained earnings articulate across time which means that last period’s retained earnings plus current period net income (or loss) is equal to the current period’s retained earnings.
IV. Revenue is typically recorded as earned when cash is received because that is when the company can measure the revenue objectively.

I and III only

II only

IV only

None of the above

Question 5

During fiscal year-end 2016, Kohl’s Corporation reports the following (in $ millions): net income of $556, retained earnings at the end of the year of $12,522 and retained earnings at the beginning of the year of $12,329. Assume that there were no other retained earnings transactions during fiscal 2016.

What dividends did the firm pay in fiscal year ended January 28, 2017?

$ 683 million

$ 1,669 million

$ 363 million

$ -0-

In: Finance

QUESTION 1 A Type II error occurs when we ________. reject the null hypothesis when it...

QUESTION 1

  1. A Type II error occurs when we ________.

    reject the null hypothesis when it is actually true

    reject the null hypothesis when it is actually false

    do not reject the null hypothesis when it is actually false

    do not reject the null hypothesis when it is actually true

QUESTION 2

  1. A lower level of significance makes it harder to reject the null hypothesis.

    True

    False

QUESTION 3

  1. A professional sports organization is going to implement a test for steroids. The test gives a positive reaction in 94% of the people who have taken the steroid. However, it erroneously gives a positive reaction in 4% of the people who have not taken the steroid. What is the probability of Type I and Type II errors giving the null hypothesis "the individual has not taken steroids."

    Type I: 4%, Type II: 6%

    Type I: 4%, Type II: 94%

    Type I: 6%, Type II: 4%

    Type I: 94%, Type II: 4%

QUESTION 4

  1. A situation where both the null and alternative hypotheses are simultaneously true is called Wilson's paradox.

    True

    False

QUESTION 5

  1. An independent samples t test has _______ degrees of freedom.

    n - 2

    n

    n - k

    n - 1

QUESTION 6

  1. Assume that a hypothesis test of the given claim will be conducted. Identify the type I or type II error for the test.

    A cereal company claims that the mean weight of the cereal in its packets is 14 oz. Identify the type I error for the test.

    Fail to reject the claim that the mean weight is 14 oz when it is actually different from 14 oz.

    Reject the claim that the mean weight is 14 oz when it is actually greater than 14 oz.

    Reject the claim that the mean weight is 14 oz when it is actually 14 oz.

    Reject the claim that the mean weight is different from 14 oz when it is actually 14 oz.

In: Statistics and Probability

Pastina Company sells various types of pasta to grocery chains as private label brands.


Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2016, appears below.

   

  Account Title Debits Credits
  Cash 30,000     
  Accounts receivable 40,000     
  Supplies 1,500     
  Inventory 60,000     
  Note receivable 20,000     
  Interest receivable 0     
  Prepaid rent 2,000     
  Prepaid insurance 0     
  Office equipment 80,000     
  Accumulated depreciation—office equipment   30,000   
  Accounts payable   31,000   
  Salaries and wages payable   0   
  Note payable   50,000   
  Interest payable   0   
  Deferred revenue   0   
  Common stock   60,000   
  Retained earnings   24,500   
  Sales revenue   148,000   
  Interest revenue   0   
  Cost of goods sold 70,000     
  Salaries and wages expense 18,900     
  Rent expense 11,000     
  Depreciation expense 0     
  Interest expense 0     
  Supplies expense 1,100     
  Insurance expense 6,000     
  Advertising expense 3,000     
     
          Totals 343,500    343,500   
     
 
  Information necessary to prepare the year-end adjusting entries appears below.
1. Depreciation on the office equipment for the year is $10,000.
2.

Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2016, were $1,500.

3.

On October 1, 2016, Pastina borrowed $50,000 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years.

4.

On March 1, 2016, the company lent a supplier $20,000 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2017.

5.

On April 1, 2016, the company paid an insurance company $6,000 for a two-year fire insurance policy. The entire $6,000 was debited to insurance expense.

6. $800 of supplies remained on hand at December 31, 2016.
7.

A customer paid Pastina $2,000 in December for 1,500 pounds of spaghetti to be delivered in January 2017. Pastina credited sales revenue.

8.

On December 1, 2016, $2,000 rent was paid to the owner of the building. The payment represented rent for December 2016 and January 2017, at $1,000 per month.

8.

value:
10.00 points

Required information

Required:
1. & 2.

Post the unadjusted balances and adjusting entires into the appropriate t-accounts. (Enter the number of the adjusting entry in the column next to the amount. Do not round intermediate calculations.)

3.

Prepare an adjusted trial balance.

For requirement 4, assume that no common stock was issued during the year and that $4,000 in cash dividends were paid to shareholders during the year.
 
4.

Prepare the income statement, statement of shareholders' equity and classified balance sheet for the year ended December 31, 2016. (For Balance Sheet only, items to be deducted must be indicated with a negative amount. Other expenses should be indicated with a minus sign.)

5.

Prepare closing entries. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.)

6.

Prepare a post-closing trial balance.

In: Accounting

Pastina Company sells various types of pasta to grocery chains as private label brands. The company's...

Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below.

   

Account Title Debits Credits
Cash 36,400
Accounts receivable 43,600
Supplies 3,300
Inventory 63,600
Notes receivable 23,600
Interest receivable 0
Prepaid rent 2,800
Prepaid insurance 9,600
Office equipment 94,400
Accumulated depreciation 35,400
Accounts payable 34,600
Salaries payable 0
Notes payable 53,600
Interest payable 0
Deferred sales revenue 3,800
Common stock 85,200
Retained earnings 37,500
Dividends 7,600
Sales revenue 164,000
Interest revenue 0
Cost of goods sold 88,000
Salaries expense 20,700
Rent expense 12,800
Depreciation expense 0
Interest expense 0
Supplies expense 2,900
Insurance expense 0
Advertising expense 4,800
Totals 414,100 414,100

Information necessary to prepare the year-end adjusting entries appears below.

  1. Depreciation on the office equipment for the year is $11,800.
  2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. Salaries earned from December 16 through December 31, 2021, were $1,700.
  3. On October 1, 2021, Pastina borrowed $53,600 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years.
  4. On March 1, 2021, the company lent a supplier $23,600 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022.
  5. On April 1, 2021, the company paid an insurance company $9,600 for a one-year fire insurance policy. The entire $9,600 was debited to prepaid insurance.
  6. $1,010 of supplies remained on hand at December 31, 2021.
  7. A customer paid Pastina $3,800 in December for 1,650 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue.
  8. On December 1, 2021, $2,800 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,400 per month. The entire amount was debited to prepaid rent.

rev: 09_14_2019_QC_CS-180268, 10_11_2019_QC_CS-184133

Required:

1. & 2. Post the unadjusted balances and adjusting entires into the appropriate t-accounts. (Enter the number of the adjusting entry in the column next to the amount. Do not round intermediate calculations. Round your final answers to nearest whole dollar.)

3. Prepare an adjusted trial balance

4. Prepare an income statement and a statement of shareholders’ equity for the year ended December 31, 2021, and a classified balance sheet as of December 31, 2021. Assume that no common stock was issued during the year and that $7,600 in cash dividends were paid to shareholders during the year.

5. Prepare closing entries

6. Prepare a post-closing trial balance

In: Accounting