Questions
Use the data provided below to determine the average length of each stage of the cell...

Use the data provided below to determine the average length of each stage of the cell cycle. Try to explain the discrepancies in the raw data between the groups. How do the results compare to what is stated in the literature?

Data for the last question on the Mitosis Lab

                   % Interphase % Pro %Meta. % Ana. % Telo.   Total Cells counted

Group One     76.2%         14.6%      4.0%    3.3%       1.9%      808

Group Two      55%          34%           4%      4%         4%          578

Group Three    52.5%        34.5%       3%       6%         4%         537

Group Four       81%          5%            2%       5%         7%         490

Group Five        75%         16%          3%       3.5%       2.5%      878

In: Biology

A random sample of surgical procedures was selected each month for 30 consecutive months, and the...

A random sample of surgical procedures was selected each month for 30 consecutive months, and the number of procedures with post-operative complications was recorded. The data are listed in the accompanying table.

  1. What type of control chart is the most appropriate to analyze the process?
  2. Compute the critical boundaries for the control chart.
  3. Interpret the chart. Does the process appear to be in control? Explain.

Months

Complications

Procedure Sampled

1

8

107

2

7

90

3

12

70

4

7

103

5

8

70

6

50

100

7

7

65

8

5

80

9

7

97

In: Statistics and Probability

List and explain (in one to two sentences each) two problems with payback period that are...

List and explain (in one to two sentences each) two problems with payback period that are not problems for NPV. Your explanation should include why these are problems (why we can't just ignore these issues).

In: Finance

A student has two compounds in two separate bottles but with no labels on either one....

A student has two compounds in two separate bottles but with no labels on either one. One is an unbranched alkane, octane (C8H18); the other is 1-hexene (C6H12), an unbranched alkene. Based on your observations in this experiment, tell what you should observe via the following tests:
                                                            Octane                  1-Hexene

A. Water solubility
B. Ligroin solubility
C. Density versus water
D. Bromine test
E. Permanganate test

In: Chemistry

A student has two compounds in two seperate bottles but with no labels on either one....

A student has two compounds in two seperate bottles but with no labels on either one. One is an unbranched alkane, C8H18; the other is 1-hexane, and unbranched alkene, C6H12. What should you see in the following tests:

                                                          Octane                              1-Hexane

A. Water Solubility

B. Ligroin Solubility

C. Combustion

D. Density vs water

E. Bromine Test

F. Permanganate Test

In: Chemistry

Explain the two parts of the name ANTIDIURETIC. one-two sentence answers, please.

Explain the two parts of the name ANTIDIURETIC.

one-two sentence answers, please.

In: Anatomy and Physiology

3. Assume two firms are currently competing in a market. If one of the two firms...

3. Assume two firms are currently competing in a market. If one of the two firms wants to try to eliminate the other firm as a competitor, should it undertake a strategy of limit pricing or predatory pricing? Why? In addition, describe the conditions under which the strategy you have selected will be most successful.

In: Economics

1) Equations for two lines L1 and L2 are given. Find the angle between L1 and...

1) Equations for two lines L1 and L2 are given. Find the angle between L1 and L2.

L1: ? = 7 + 2?, ? = 8 − 4?, ? = −9 + ?

L2: ? = −8 − ?, ? = 3 − 3?, ? = 4 + 3?

2) Find polar form of complex number z :

?) ? = 4√3 − 4?

?) ? = 2√3 − 2i

In: Math

I just need the closing entries and post closing trial balance for this question. Henrietta’s Pine...

I just need the closing entries and post closing trial balance for this question.

Henrietta’s Pine Bakery

Background

You are an Analyst for the professional service firm, FINACC LLP. Your firm specializes in providing a wide variety of internal business solutions for different clients. Given the outstanding feedback you received on your first engagement working for Big Spenders Inc., a Senior Manager in the Financial Advisory group requested your support on a compilation engagement.

Additional Information

Henrietta’s was established in 1963 when it first opened its doors in Dwight, Muskoka on highway 60. Over the past 50 years, there have been four owners and is currently owned by Carine & Geoff Harris who incorporated and took over the store on January 1, 2013. Their sons, Kyle and Nicholas have been an intricate part of the business from dishwashing to head bakers. Henrietta's has grown over the years with the addition of new items all the time, but the "Sticky Buns and Clouds" remain the most popular items amongst the 150 varieties of breads and pastries.

Henrietta’s runs out of 90 square meters (1,000 share feet) of space. It has one entrance into the bakery and doors leading out to highway 60. Henrietta’s pays $5,000 per month for the rental of the space.  Carine and Geoff were able to negotiate with the landlord and were not required to pay the first month’s rent in advance. All of the rental payments are current and up to date. For the last two years, Henrietta’s has had a very reliable accountant prepare its year-end financial statements and everything has been correct. This year, Henrietta’s accountant retired and Geoff did the best he could recording his own financial information. For the information he was not sure about, he kept all of the required supporting documentation. Geoff hired your firm, FINACC LLP to prepare his financial statements for the year. Geoff supplied you with his unadjusted trial balance and the information in Exhibit I to assist you.

 

Supplementary Information


The amount currently sitting in prepaids arose due the insurance policy last year. Geoff didn’t know how to correct it, so he left it. This year’s insurance policy was purchased on November 1 for $9,000. The policy runs from November 1 to October 31 of each year.


Geoff has a note that he owed $900 in wages to his employees for the period ending December 31st.


The loan was incurred when the bakery was opened. The loan carried an interest rate of 8%. The interest is payable two months after year end and the principal is due in 2019.


Henrietta’s will sometimes book special events with small organizations that are allowed to pay after the event has taken place. On December 29th, a small company had a gathering at the bakery. The company was billed $1,089 and has 30 days to pay it. Geoff has not yet recorded this in his financial records.


Henrietta’s declared a dividend of $5,000 on December 30th.


Geoff didn’t know how to record amortization for the year and so left it for you to record. Amortization for all assets is charged using a straight-line method by taking the cost of the asset and dividing it by its expected useful life. The assets have expected useful lives as follows:


o    Computer: 5 years

o    Bakery equipment: 10 years
o    Furniture and fixtures: 20 years

The information shows that Henrietta’s owes $400 for a telephone bill and $400 for electricity for December. These amounts have not been recorded yet.


 

Exhibit I

Henrietta’s Pine Bakery

Unadjusted Trial Balance

December 31, 2015

 


Account Name
Debit
Credit
Cash
$35,000
 
Accounts Receivable
5,600
 
Food Inventory
21,000
 
Merchandise Inventory
62,500
 
Prepaids
3,400
 
Computers
30,000
 
Accumulated Amortization – Computers
 
12,000
Bakery Equipment
90,000
 
Accumulated Amortization – Bakery Equipment
 
18,000
Furniture and Fixtures
150,000
 
Accumulated Amortization – Furniture and Fixtures
 
15,000
Accounts Payable
 
18,000
Accrued Liabilities
 
-
Interest Payable
 
 
Dividend Payable
 
-
Long-term Loan
 
220,000
Common Shares
 
50,000
Retained Earnings
 
22,000
Food Revenue
 
468,500
Internet Revenue
 
127,000
Merchandise Revenue
 
103,000
Food Expense
240,000
 
Internet Expense
54,000
 
Electricity Expense
65,000
 
Telephone Expense
20,000
 
Interest Expense
0
 
Salary Expense
200,000
 
Insurance Expense
9,000
 
Supplies Expense
8,000
 
Depreciation Expense
-
 
Rent Expense
60,000
 
 
1,053,500
1,053,500

                                                                                                                                                            

Based on the information you have prepare the adjusting journal entries, an adjusting trial balance, the statement of earnings (income statement), statement of financial position (balance sheet), and statement of retained earnings. After you have completed the statements, prepare the closing journal entries and the posting closing trial balance. Ensure you show all of your work, and prepare proper journal entries and properly formatted financial statements. 

Note to students: Issues are hidden within the case. It is your responsibility to read the case facts and identify the critical issues required for discussion and analysis.

Evaluation

Case Analysis 2 will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to, and their relative weights to the assignment overall. The instructor may also generate a class case discussion, upon which a grade scaling might be deemed appropriate.

 

In: Accounting

Henrietta’s Pine Bakery Background You are an Analyst for the professional service firm, FINACC LLP. Your...


Henrietta’s Pine Bakery

Background

You are an Analyst for the professional service firm, FINACC LLP. Your firm specializes in providing a wide variety of internal business solutions for different clients. Given the outstanding feedback you received on your first engagement working for Big Spenders Inc., a Senior Manager in the Financial Advisory group requested your support on a compilation engagement.

Additional Information

Henrietta’s was established in 1963 when it first opened its doors in Dwight, Muskoka on highway 60. Over the past 50 years, there have been four owners and is currently owned by Carine & Geoff Harris who incorporated and took over the store on January 1, 2013. Their sons, Kyle and Nicholas have been an intricate part of the business from dishwashing to head bakers. Henrietta's has grown over the years with the addition of new items all the time, but the "Sticky Buns and Clouds" remain the most popular items amongst the 150 varieties of breads and pastries.

Henrietta’s runs out of 90 square meters (1,000 share feet) of space. It has one entrance into the bakery and doors leading out to highway 60. Henrietta’s pays $5,000 per month for the rental of the space. Carine and Geoff were able to negotiate with the landlord and were not required to pay the first month’s rent in advance. All of the rental payments are current and up to date. For the last two years, Henrietta’s has had a very reliable accountant prepare its year-end financial statements and everything has been correct. This year, Henrietta’s accountant retired and Geoff did the best he could recording his own financial information. For the information he was not sure about, he kept all of the required supporting documentation. Geoff hired your firm, FINACC LLP to prepare his financial statements for the year. Geoff supplied you with his unadjusted trial balance and the information in Exhibit I to assist you.


Supplementary Information

The amount currently sitting in prepaids arose due the insurance policy last year. Geoff didn’t know how to correct it, so he left it. This year’s insurance policy was purchased on November 1 for $9,000. The policy runs from November 1 to October 31 of each year.
Geoff has a note that he owed $900 in wages to his employees for the period ending December 31st.
The loan was incurred when the bakery was opened. The loan carried an interest rate of 8%. The interest is payable two months after year end and the principal is due in 2019.
Henrietta’s will sometimes book special events with small organizations that are allowed to pay after the event has taken place. On December 29th, a small company had a gathering at the bakery. The company was billed $1,089 and has 30 days to pay it. Geoff has not yet recorded this in his financial records.
Henrietta’s declared a dividend of $5,000 on December 30th.
Geoff didn’t know how to record amortization for the year and so left it for you to record. Amortization for all assets is charged using a straight-line method by taking the cost of the asset and dividing it by its expected useful life. The assets have expected useful lives as follows:
o Computer: 5 years

o Bakery equipment: 10 years

o Furniture and fixtures: 20 years

The information shows that Henrietta’s owes $400 for a telephone bill and $400 for electricity for December. These amounts have not been recorded yet.

Exhibit I

Henrietta’s Pine Bakery

Unadjusted Trial Balance

December 31, 2015


Account Name

Debit

Credit

Cash

$35,000


Accounts Receivable

5,600


Food Inventory

21,000


Merchandise Inventory

62,500


Prepaids

3,400


Computers

30,000


Accumulated Amortization – Computers


12,000

Bakery Equipment

90,000


Accumulated Amortization – Bakery Equipment


18,000

Furniture and Fixtures

150,000


Accumulated Amortization – Furniture and Fixtures


15,000

Accounts Payable


18,000

Accrued Liabilities


-

Interest Payable



Dividend Payable


-

Long-term Loan


220,000

Common Shares


50,000

Retained Earnings


22,000

Food Revenue


468,500

Internet Revenue


127,000

Merchandise Revenue


103,000

Food Expense

240,000


Internet Expense

54,000


Electricity Expense

65,000


Telephone Expense

20,000


Interest Expense

0


Salary Expense

200,000


Insurance Expense

9,000


Supplies Expense

8,000


Depreciation Expense

-


Rent Expense

60,000



1,053,500

1,053,500

  

Based on the information you have prepare the adjusting journal entries, an adjusting trial balance, the statement of earnings (income statement), statement of financial position (balance sheet), and statement of retained earnings. After you have completed the statements, prepare the closing journal entries and the posting closing trial balance. Ensure you show all of your work, and prepare proper journal entries and properly formatted financial statements.

Note to students: Issues are hidden within the case. It is your responsibility to read the case facts and identify the critical issues required for discussion and analysis.

Evaluation

Case Analysis 2 will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to, and their relative weights to the assignment overall. The instructor may also generate a class case discussion, upon which a grade scaling might be deemed appropriate.



Activity/Competencies Demonstrated

% of Final Grade

1.

Identification and Analysis of Issues (100%)



a. Adjusting Entries

/17


b. Adjusting Trial Balance

/10


c. Balance Sheet

/28


d. Statement of Operations

/13


e. Statement of Retained Earnings

/6


f. Closing Entries

/16


g. Post-Closing Trial Balance

/10

Total

/100

In: Accounting