1. Let X be a random variable that represents the weights in kilograms (kg) of a healthy adult female deer (doe) from Mesa Verde National Park. X has a distribution that is approximately normal with µ = 63.0 kg and standard deviation σ = 7.1 kg. A doe is considered to be malnourished if it weighs less than 54 kg.

a. If the doe population is healthy, what is the probability that a single doe captured weighs less than 54 kg?

b. What is the probability that the mean weight of a random sample of 50 does is less than 54 kg?

c. Create a 95% confidence interval for the mean weight of a random sample of 36 does in Mesa Verde National Park.

2. A CPA firm is auditing the accounts of a large interstate banking system. Out of a random sample of 152 accounts, it was found that 19 had transaction errors. Let p be the number of accounts with transaction errors.

a. Find a point estimate for p ( pˆ ):

b. Find a 99% confidence interval for p: . An article in the local paper claims that the average amount spent in a visit to a fast food restaurant is $20. Is the fast food restaurant in problem #1 unusually inexpensive? (In other words, are people spending less at the local fast food restaurant than the population does at an average fast food restaurant?) Assuming that the amount people spend is normally distributed, conduct a hypothesis test using a 5% significance level. a. Ho: Ha: b. Is this a right-tailed, two-tailed or left-tailed test?

c. Compute the z or t test statistic. Show the correct computation.

d. Find the p-value for the test statistic. e. Based on your answers above, do you reject or fail to reject the null hypothesis? What do you conclude about the average cost of this fast food restaurant?

You are the accounting manager of ABC Inc, which sells laptops. Your company has the following transactions for the month of December, 2019:

1. December 1^st: Ordered 10,000 laptops from Park Inc and paid cash of $200.
2. December 1^st: Bought a delivery truck from Arthur Motors Inc for $36,000. You estimate that this delivery truck can be used for anywhere between 12 to 36 months.
3. December 5^th: Spent $20 in cash on each laptop to package it.
4. Dec 10^th: Delivered 10,000 laptops for a price of $500 to Bata Inc. and received cash for the entire order.
5. December 20^th: Ordered 5,000 laptops from Park Inc. and paid cash of $250.
6. December 29^th: Received a call from Home Inc. saying that they want 5,000 ($500 each)laptops. Home Inc. said that they can receive delivery any time between December 30^th, 2019 and January 5^th, 2020. You also know that Home Inc. will only be able to pay in February, 2020 as it is going through financial trouble. A credit check allowed you to find out that Home Inc. will only be able to pay between 80 – 90% of the full amount.

Your CEO, Mrs. Hop, asks you to present her some accounting numbers by the end of day on December 31^st, 2019.

a) What is the highest value of net income you can report to her? (1.5 points)

b) What is the lowest value of net income you can report to her? (1.5 points)

c) What is the highest value of cash provided by operations you can report to her? (1.5 points)

d)What is the lowest value of cash provided by operations you can report to her? (1.5 points)

Please show the formula.

The YMCA contracts with Road Maintenance Inc. to clear roads and driveways during the winter months and to do repair work during summer on its properties in Estes Park and Winter Park. Road Maintenance has been doing this work for over 10 years and has been very responsive to the YMCA’s requests. The YMCA site managers call Road Maintenance to request specific work to be done, and Road Maintenance does the work then bills the YMCA quarterly for work that’s been performed. The YMCA pays the bills within 60 days of receiving the invoices. Occasionally, Road Maintenance will donate its services to the YMCA to receive a tax write off.

While clearing off a remote access road that had recently been patched by YMCA volunteers, Road Maintenance’s plow broke when it hit an unexpected barrier. Road Maintenance bills the YMCA for repair costs to the plow, and the YMCA refuses to pay for it. Neither party can find their original contract to see who is responsible for the repair costs.

QUESTION #1: (1 point)

What tort should Road Maintenance bring against the YMCA?

QUESTION #2: (2 points)

List the elements of the tort you identified when answering Question #1 and apply them to the hypothetical.

QUESTION #3: (1 points)

What contract claim should Road Maintenance bring against the YMCA?

QUESTION #4: (2 points)

List the elements of the contract claim you identified when answering Question #3 and apply them to the hypothetical.

QUESTION #5: (4 points)

Who is most likely to win: Road Maintenance or YMCA? What will be the easiest cause of action for Road Maintenance to prove—the tort or the contract claim? The most difficult? Explain your reasoning.

Analyze means 1) identify the issue or problem 2) State the rule(s) and any exceptions if applicable 3) discuss the facts with the rules, and 4) conclude

Harvey is riding his bicycle, no-handed, and at a very fast speed down a park path. Trish, a jogger, accompanied by her dog, Rover on a leash is approaching Harvey from the other direction. Because he knows that he is bigger and faster on his bike, Harvey expects Trish to move out of his way. Unfortunately, Trish does not and as Harvey passes Trish, he side-swipes her knocking her to the ground and injuring her. Rover is inadvertently released when Trish falls, and he runs off into the road. Monty is driving carefully down the road. Seeing Rover running into his path and wanting to avoid hitting him, Monty swerves driving off the road and onto the sidewalk, damaging his wheel alignment when he jumps the curb. Grandma Jenkins is babysitting young Elvis, her grandson. Elvis happens to be playing hopscotch on the sidewalk across the street from the park. Fortunately, Monty's veering car stops far short of Elvis, and all is well for the tot (except for anxiety he suffered when he looked up and saw Monty's car heading straight for him). Unfortunately, Grandma Jenkins, observing the car veering off the road and heading straight toward her grandson, suffers a heart attack.

Analyze the following questions based on Negligence - (how far does Harvey's liability go? support)

Is Harvey liable for the injuries suffered by Trish and the loss of Rover? (Note: Rover is not dead, just lost) Is Harvey liable for the damage to Monty's car?

Is Harvey liable for the anxiety that Elvis suffered?

Is Harvey liable for Grandma Jenkins' heart attack?

• Journalize the transactions for the month of July, 2019, beginning on page GJ 1. Be sure and list the Debit Account(s) first; Credit Account(s) next. Be sure and write a brief explanation for each transaction.

You made the following transactions for Floral & Fauna Landscaping   during the month of July:

July   1        You deposited $25,000 in a bank account in the name of the business.

1           You invested your personal gardening equipment, with a fair market value of $1,500, in the business.

6           Bought a used trailer on account from Trailers R Us , $800, Inv. #286.

7           Paid the rent for July, $1485, Ck. # 1000.

8           Bought a used backhoe from Deere Equipment, $8,500, paying $4,000 in cash and placing the balance on account, Inv. #3562,       Ck. # 1001.

          10        Bought liability insurance for one year, $2,400, Ck. #1002.

11       Sold landscaping services on account to Bel-Red Business Park,    $2,225, Inv. #100.  

15       Bought supplies on account from Garden Suppliers, Inc., $1,585,        Inv. #6283.

16       Sold landscaping services on account to Phylla Dendron, $1,850,   Inv. #101.

18       Received and paid the bill from Gas To Go for gas and oil for the equipment, $95, Ck. #1003.

19       Sold landscaping services for cash to A Chinzy Company, $1,978,   Inv. #102.

20       Paid on account to Trailers R Us, $600, Inv. #286, Ck #1004.

21       Received on account from Bel-Red Business Park, $725, Inv. 100.

22       Sold landscaping services on account to Bonsai, Inc.,$1,626,         Inv. #103.

25       Received and paid the utility bill, $184, Ck. #1005.

30       Paid salaries of the employees, $3,000, Ck. #1006.

31       You withdrew cash for your personal use, $1,500, Ck. #1007.

NewTech Medical Devices is a medical devices wholesaler that commenced business on June 1, 20X1. The company purchases merchandise for cash and on open account. In June 20X1, NewTech Medical Devices engaged in the following purchasing and cash payment activities:

Required:
Journalize the transactions in a general journal.


Analyze:
What was the amount of trade discounts received on the June 15 purchase from Park Research?

Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 1.84. Now suppose you decided to sell one of the stocks in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 0.93. What would your portfolio's new beta be? Do not round intermediate calculations. Round your answer to two decimal places.

Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 0.75. Now suppose you decided to sell one of the stocks in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 1.60. What would your portfolio's new beta be? Do not round intermediate calculations. Round your answer to two decimal places.

f(x)=x^3-3x-1=0

x=[0,2]

epsilon=5*10^-2

1. perform the bisection method for the root in [0,2] until your root is closer to the real root within epsilon.

Let x_0=1.0, x_1=1.2

2. perform the secant method until your root is closer to the real root within epsilon.

3. do as in 2. with the Newton's method, with x_0=1.1