Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2017–2020 are as follows: Service Revenue Collections Pretax Accounting Income 2017 $ 610,000 $ 590,000 $ 150,000 2018 710,000 720,000 215,000 2019 675,000 650,000 185,000 2020 660,000 685,000 165,000 There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 40%. (Hint: You may find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2017–2020.) Required: 1. Prepare the appropriate journal entry to record Alsup's 2018 income taxes, Alsup’s 2019 income taxes and Alsup’s 2020 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.)

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2020–2023 are as follows:

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 25%.

(Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2020–2023.)

Required:
1. to 3. Prepare the appropriate journal entries to record Alsup's 2021 income taxes, 2022 income taxes and 2023 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.)

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2015–2018 are as follows:

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2017–2020 are as follows:

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 40%.

(Hint: You may find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2017–2020.)

Required:
1. Prepare the appropriate journal entry to record Alsup's 2018 income taxes, Alsup’s 2019 income taxes and Alsup’s 2020 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.)

In a research to study the gender differences in receiving Lidocaine therapy in Acure Myocardial infarction (AMI) patients older than 75 years who have a history of hypertension and strokes, there were 81 patients in total (30 males and 51 females). The following table provides the outcomes.

1. According to the hypothesis that there is no association between receive Lidocaine therapy and gender, what does the minimum expected cell count in this table?Based on the answer to part a, which test should you use to test the hypothesis of no association between receive Lidocaine therapy and gender?Test the hypothesis whether the receiving Lidocaine therapy is independent of their gender at .05 significance level. Find the critical value and p-value, respectively. If the numbers in each cell are changed to above table, what test should be used to test the hypothesis whether the receiving Lidocaine therapy is independent of their gender?

2. 	Therapy
   Gender	Receive	Not receive	Total
   Male	2	28	30
   Female	5	46	51
   Total	7	74	81

For each exercise: 1. Draw the scatter plot 2. Compute the value of the correlation coefficient 3. State the Hypothesis 4. Test the significance of the correlation coefficient at α = 0.05 5. Give a brief explanation of the type of relationship

State Debt and Per Capita Tax: An economics student wishes to see if there is a relationship between the amount of state debt per capita and the amount of tax per capita at the state level. Based on the following data, can she conclude that per capita state debt and per capita state tax are related? Both amounts are in dollars and represents five randomly selected states. Per capita debt, x 1924 907 1445 1608 661 Per capita tax, y 1685 1838 1734 1842 1317

Emergency Calls and Temperature: An emergency service wishes to see whether a relationship exists between the outside temperature and the number of emergency calls it receives for a 7-hour period. Temperature, x 68 74 82 88 93 99 101 No. of calls, y 7 4 8 10 11 9 13

A bank teller can handle 40 customers an hour and customers arrive every six minutes. What is the average time a customer spends waiting in line?

a. 15 seconds b. 0.40 minutes c. 1.25 minutes d. 30 seconds

Customers arrive at a bakery at an average rate of 18 per hour on week day mornings. Each clerk can serve a customer in an average of three minutes. How long does each customer wait in the system?

a. 1 hour b. 0.33 hour c.0.45 hour d. 0.5 hour e. 1.5 hour

Students arrive at a class registration booth at the rate of 4 per hour. The administrators serve students in a first-come, first-serve priority with the average service time of 10 minutes. What is the mean number of students in the system?

a. 1.0 b. 1.33 c. 0.67 d. 2. 0 e. 15

Customers arrive at an ice cream store at the rate of 15 per hour. The owner attempts to serve in a first come, first-serve priority. The mean time to serve a customer is 3 minutes. Whatis the probability of walking into the store and not having to wait?

a. 75% b. 100% c. 133% d. 25% e. 50%

Operating exposure. ​ Copy-Cat, Inc. has signed a deal to make vintage Nissan​ 240-Z sports cars for the next three years. The company will build the cars in Japan and ship them to the United States for sale. The current indirect rate is ¥114.0659 per dollar. The anticipated inflation rate for parts and labor in Japan is 2.4​%over the next three​ years, and the anticipated overall inflation rate for Japan is 3.4​%over the next three years. The expected overall inflation rate in the United States is 4.7% over the next three years. ​ (The stated rates are on an annual​ basis.) If​ Copy-Cat plans to sell 600 cars a year at an initial price of $40,000 and the cost of production is ¥4,076,500​, what is the annual profit in dollars for​ Copy-Cat? Assume it takes one year for production and all sales revenues and production costs occur at the end of the year. Is this profit rising or falling each​ year? ​ Why?

What is the expected sales revenue per car in dollars for​Copy-Cat in year​ 1?

​$ (Round to the nearest​ cent.)

What is the expected sales revenue per car in dollars for​Copy-Cat in year​ 2?

​$​(Round to the nearest​ cent.)

What is the expected sales revenue per car in dollars for​Copy-Cat in year​ 3?

​$​(Round to the nearest​ cent.)

What is the expected production cost per car in dollars for​Copy-Cat in year​ 1?

​$(Round to the nearest​ cent.)

What is the expected production cost per car in dollars for​Copy-Cat in year​ 2?

​$​(Round to the nearest​ cent.)

What is the expected production cost per car in dollars for​Copy-Cat in year​ 3?

​$(Round to the nearest​ cent.)

What is the expected profit in dollars for​ Copy-Cat in year​ 1? Enter a negative number for a loss.

​$​(Round to the nearest​ dollar.)

What is the expected profit in dollars for​ Copy-Cat in year​ 2? Enter a negative number for a loss.

​$​(Round to the nearest​ dollar.)

What is the expected profit in dollars for​ Copy-Cat in year​ 3? Enter a negative number for a loss.

​$(Round to the nearest​ dollar.)

Will these new anticipated inflation rates affect the production of vintage​ 240-Zs? ​ Why?  ​(Select the best​ response.)

A. The profit​ (loss) is rising​ (falling) each year as the revenue is growing at a higher inflation rate than the production costs despite the weakening yen against the dollar.

B. The profit​ (loss) is falling​ (rising) each year as the revenue is growing at a higher inflation rate than the production costs despite the weakening yen against the dollar.

C. The profit​ (loss) is falling​ (rising) each year as the yen is weakening against the dollar despite different inflation rates in the two countries.

D. The profit​ (loss) is rising​ (falling) as the revenue is growing at a higher inflation rate than the production costs and the weakening yen against the dollar allows for the production costs to fall even more.

ystems Analysis and Design in a Changing World (7th Edition)

on the Spot Courier Service

Case study for chapter # 6 [page # 182]

Previous chapters have described the technological capabilities that Bill Wiley wants for servicing his customers. One of the problems that Bill has is that his company is very small, so he cannot afford to develop any special-purpose equipment or even sophisticated software.
Given this limitation, Bill’s need for advanced technological capabilities comes at an opportune time. Equipment manufacturers are developing equipment with advanced telecommunications capabilities, and freelance software developers are producing software applications—many of which provide the capabilities that Bill needs. The one caveat is that because this will be a live production system, it needs to be reliable, stable, error-free, dependable, and maintainable.
Let us review some of the required capabilities of the new system, which has been described in previous chapters:
Customers
■   Customers can request package pickup via the Internet.
■   Customers can check the status of packages via the Internet.
■   Customers can print mailing labels at their offices.
Drivers
■   Drivers can view their schedules via a portable digital device while on their routes.
■   Drivers can update the status of packages while on their routes.
■   Drivers can allow customers to “sign” for packages that are delivered.
they only plan to provide some design specifications and guidelines to each resort. The resort will be responsible for connecting to the Internet and for providing a secure wireless environment for the students.
1. For which subsystem(s) is(are) integrity and security controls most important? Why?
2. What data should be encrypted during trans- mission through resort wireless networks to SBRU systems? Does your answer change if students interact with SBRU systems using a cell phone (directly, or as a cellular modem)?
■   The system “knows” where the driver is on his route and can send updates in real time.
■   Drivers can accept payments and record them on the system.
Bill Wiley (management)
■   Bill can record package pickups from the ware- house.
■   Bill can schedule delivery/pickup runs. ■   Bill can do accounting, billing, etc. ■   Bill can access the company network from his
home. Given these requirements, do the following:

1. What kind of fraud is possible in this scenario? By the customer? By the truck driver? By colaboration between system users? What steps should Bill take to minimize the opportunity for fraud?

2. What kind of access controls should be put in place? For the customer? (Notice the customer has no financial transactions. Would you change your answer if the customer could also make payments online?) For the truck driver? For Bill? Are the typical userID and password sufficient for all three, or would you require more or less for each?

What factors are associated with Perfect Competition? What is the shape of the demand curve for a firm in a perfectly competitive market? What is the profit maximizing level of output for a firm in a perfectly competitive market? What is the relationship between Price, Marginal Revenue and Marginal Cost at the profit maximizing level of output?