Suppose a new construction company claims that, the mean time to complete a commercial complex is around 15 months. A sample of 41 construction companies are randomly selected and it is found that the mean time taken by them to complete a commercial complex building was 12.5 with a standard deviation of 2.5 months. At 1% level of significance, do you have sufficient evidence to conclude that the new construction company claim true?

What is the Null hypothesis (H0); Alternate hypothesis (H1); and the direction of the test?                            [ Select ]                       ["mu=15; mu<15; Left tail Test", "mu=15; mu<>15; Two tail Test", "mu=15; mu>15; Right tail Test", "x-bar=15; x-bar<>15; Two tail Test"]      

Which distribution is used in this case?                            [ Select ]                       ["z", "Both", "t with 40 d.f.", "Not Sure"]      

What is the critical value?                            [ Select ]                       ["2.58", "2.7045", "2.7045 and -2.7045", "2.58 and -2.58"]      

What is the Test Statistic Value?                            [ Select ]                       ["-6.4", "6.32", "-6.32", "6.4"]      

What is the P-value?                            [ Select ]                       ["pvalue<0.0001", "0.001", "1", "0.0002"]      

What is the conclusion of the test?

The State of Florida authorized the building of a new Fire Station in Dade County to begin on January 1, 2017. The State authorized 10 million dollars to build the Fire Station.

The following were the transactions recorded in the Capital Project Fund:

$1,000,000 was received from the Federal government and was considered “Revenue.”

The State of Florida’s General Fund transferred $3,000,000 to the Capital Project Fund.

Bonds were issued (at face) by the State of Florida for $6,000,000 and the monies were received and recorded in the Capital Project Fund.

The contract for the Fire Station was awarded to a construction company for $10,000,000.

The construction of the Fire Station was certified complete on August 1, 2017, was expenditured and the construction company was paid.

The books were closed and the financial statements were prepared for the fiscal year ended September 30, 2017.

[Assume that this Capital Project Fund had zeros in all accounts on October 1, 2016, the beginning of the fiscal year.]

Required:

Prepare the journal entries for the above 5 transactions (only for the Capital Project Fund.)

Prepare a Statement of Revenues, Expenditures for the Capital Project Fund, in good form.

Prepare a Statement of Changes in Fund Balance for the Capital Project Fund, in good form.

1. In California, medical care costs for back injuries are 43 percent higher when part of a workers’ compensation claim than when part of a group medical insurance plan. Critics of workers’ compensation claim that this difference can be attributed to abuse of the system by both injured employees and their physicians. Proponents of workers’ compensation argue that the higher costs indicate exactly the opposite: that is, under workers’ compensation, injured employees are receiving more and better (hence more costly) medical care. They claim that group medical plans are shortchanging employees by allowing insurance companies to make medical decisions. What is your opinion?

2. Following an order from his supervisor, a carpenter working for Jones Construction Company removed all the guardrails from stairwell openings, floor openings, and open-sided stairs. Uncomfortable with this action, the carpenter telephoned his union representative, who, in turn, called OSHA. Jones Construction Company was fined $15,000 for willful violations. Jones Construction Company, in turn, fired the carpenter. Was the firing lawful (under OSHA standards)? Was the action of the carpenter appropriate (under OSHA standards)?

hello guys this is regarding a construction safety class, under the civil engineering degree, hope to hear your thoughts and comments

1. Construction Management, Inc. (CMI) has a safety awareness program, but it does not seem to be working. CMI’s president and his two vice presidents developed the program themselves and implemented it company wide six months ago. Unfortunately, they have seen no decrease in the number of accidents and incidents. What possible problems do you see with CMI’s safety awareness program? What changes or improvements would you recommend?

2. Employees of Bearden Construction Company have begun to complain regularly about Josh Randall. They say that his behavior has become unpredictable and that he blows up at the slightest provocation. One employee even said, “This guy is going to hurt somebody.” To each complaint, the supervisor’s response is the same: “Be patient. Josh is a good man. He’s just dealing with some personal problems right now. He’ll get over it.” What do you think of the supervisor’s response to employee concerns? How do you think this situation should be handled?

Raleigh Department Store uses the conventional retail method for the year ended December 31, 2019. Available information follows:

1. The inventory at January 1, 2019, had a retail value of $41,000 and a cost of $32,170 based on the conventional retail method.
2. Transactions during 2019 were as follows:

Sales to employees are recorded net of discounts.

3. The retail value of the December 31, 2020, inventory was $59,800, the cost-to-retail percentage for 2020 under the LIFO retail method was 74%, and the appropriate price index was 104% of the January 1, 2020, price level.
4. The retail value of the December 31, 2021, inventory was $47,080, the cost-to-retail percentage for 2021 under the LIFO retail method was 73%, and the appropriate price index was 107% of the January 1, 2020, price level.

1. Estimate ending inventory for 2019 using the conventional retail method. (Amounts to be deducted should be indicated with a minus sign.)

2. Estimate ending inventory for 2019 assuming Raleigh Department Store used the LIFO retail method. (Amounts to be deducted should be indicated with a minus sign.)

3. Assume Raleigh Department Store adopts the dollar-value LIFO retail method on January 1, 2020. Estimating ending inventory for 2020 and 2021.

1. In most business organizations, the chief financial officer reports to the controller.

True or False

2. The account Investment in Bonds is reported

a. at cost as a long-term asset

b. at cost as a long-term liability along with the current portion reported as a current liability

c. at fair market value because that is all that is required

d. at cost as a long-term asset less discount on Bond Investments or Plus Premium on Bond Investments

3. on the income statement, net sales are indicated as 100% using vertical analysis.

True or False

4. an analysis in which all the figures of an income statement are expressed as percentage with no dollar values shown

a. vertical analysis

b. percentage analysis

c. common-size analysis

d. horizontal analysis

5. Dividend yield is not computed on

a. only stock sold above par

b. preferred stock

c. common stock

d. either common or preferred stock

6. Cash dividends of $50,000 were declared during the year. Cash dividends payable were $20,000.00 and $10,000 at the beginning and end of the year, respectively. The amount of cash for the payment of dividends during the year is

a. 60,000

b. 70,000

c. 40,000

d.50,000

7. Temporary investments are reported at their cost which would exclude brokers comissions.

True or False

There is a clear advantage of using the indirect method when reporting cash flows from investing activities versus using the direct method.

True or False

Any help would be wonderful

Central Machines is considering a project that will generate cash flow of $2,304,714 per year for 4 years, followed by $4,233,139 per year for 3 years, followed by $5,501,087 per year for 3 years. All cash flows will occur at the end of the year. If the cost of the project is $16,064,914, and the company's WACC is 11.7%, what is the Modified Internal Rate of Return of the project? State your answer as a percentage to 2 decimal places.

Income statement data for Winthrop Company for two recent years ended December 31 are as follows: 1 Current Year Previous Year 2 Sales $1,938,000.00 $1,700,000.00 3 Cost of goods sold 1,608,200.00 1,462,000.00 4 Gross profit $329,800.00 $238,000.00 5 Selling expenses $67,800.00 $60,000.00 6 Administrative expenses 49,280.00 44,000.00 7 Total operating expenses $117,080.00 $104,000.00 8 Income before income tax $212,720.00 $134,000.00 9 Income tax expense 13,090.00 8,500.00 10 Net income $199,630.00 $125,500.00 A. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for the current year when compared with the previous year. Round percentages to one decimal place. B. What conclusions can be drawn from the horizontal analysis? Round the answers to one decimal place.

Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for the current year when compared with the previous year. Round percentages to one decimal place.

What conclusions can be drawn from the horizontal analysis? Round the answers to one decimal place.

The net income for Winthrop Company increased by % between years. This increase was the combined result of an   in sales of % and     percentage     in cost of goods sold.

The cost of goods sold increased at a     rate than the increase in sales, thus causing the percentage increase in gross profit to be   than the percentage increase in sales.