Questions
Compare and contrast two types of accounting certifications. Select a certification that you would be interested...

Compare and contrast two types of accounting certifications. Select a certification that you would be interested in and explain why that certification is of interest to you. Your response must be 350 – 450 words for full credit.

In: Accounting

Describe Jean Piaget's cognitive stage of development during the infancy age. Distinguish between accommodation and assimilation,...

Describe Jean Piaget's cognitive stage of development during the infancy age. Distinguish between accommodation and assimilation, and provide an example of each.Discuss what is meant by Schema's.Provide an example of a Schema

300-350 words

In: Psychology

This week we focus on some additional terms for IT users. This week lets discuss what...

This week we focus on some additional terms for IT users. This week lets discuss what a community of practice is.   Why are they important and how can they impact the culture within an organization?( 300 - 350 words)

In: Operations Management

The table below shows the quantity of watches made by a company for different plant layout...

The table below shows the quantity of watches made by a company for different plant layout and shift times.

Weekly quantity of wrist watches produced in a factory

Shifts (hours)

Layout

6

8

12

1

300

400

900

350

350

950

450

490

850

330

500

800

2

80

250

500

100

300

450

60

190

550

150

240

600

3

700

800

1200

600

900

1800

750

680

2000

800

720

2200

  1. What are the effects of layout and shift hours on quantity of watches produced? Explain your answer using the p-values.
  2. Plot an Interaction plot between layout and shifts.

In: Statistics and Probability

Everest plc is considering investing in a number of new investment projects – A, B, and...

Everest plc is considering investing in a number of new investment projects

– A, B, and C. The expected pattern of net cash flows for each project are:

A B C
000
0 (370) (800) (950)
1 115 200 250
2 115 200 250
3 200 200 290
4 300 350 290
5 350 350 400

The company’s cost of capital is 8%. Everest plc wishes to use net present value (NPV) to assess the three projects. (i) Outline the Net Present Value (NPV) rule for the following investment scenarios: (a) to decide whether a specific project is worthwhile (b) to decide between two mutually exclusive projects (ii) Critically discuss why the net present value (NPV) method is considered to be theoretically superior to other appraisal methods. (iii) Calculate each project’s net present value. Explain whether you would recommend to Everest plc to proceed with each project based on NPV assuming they have no constraints on how many projects to adopt. (iv) Explain briefly how the above calculations would change if Everest plc had a maximum capital investment budget of €1,000,000.

In: Finance

What does the MO diagram look like for a CO ligand. Why is CO such a...

What does the MO diagram look like for a CO ligand. Why is CO such a good ligand for IR spectroscopy? What are the types of vibration a ligand can have?

In: Chemistry

Why was it claimed that the global economic crisis in 2008/09 would only be overcome if...

Why was it claimed that the global economic crisis in 2008/09 would only be overcome if there was a co-ordinated policy response? Has such a co-ordinated response been forthcoming?

In: Economics

On October 10, the stockholders’ equity of Sherman Systems appears as follows.

On October 10, the stockholders’ equity of Sherman Systems appears as follows.
  

   
Common stock–$10 par value, 84,000 shares
authorized, issued, and outstanding
$ 840,000  
Paid-in capital in excess of par value, common stock   276,000  
Retained earnings   960,000  
Total stockholders’ equity $ 2,076,000  

 
1. Prepare journal entries to record the following transactions for Sherman Systems.
 

  1. Purchased 6,200 shares of its own common stock at $37 per share on October 11.
  2. Sold 1,300 treasury shares on November 1 for $43 cash per share.
  3. Sold all remaining treasury shares on November 25 for $32 cash per share.

In: Accounting

n an October 2018 study by YouGov and The Economist, it was reported that 61% of...

n an October 2018 study by YouGov and The Economist, it was reported that 61%

of men do not believe in ghosts while 47% of women do not believe in ghosts. Are the two

percentages statistically different for the two groups?

a. Assuming 500 men were surveyed, how many do not believe in ghosts? _______

b. Assuming 500 women were surveyed, how many do not believe in ghosts? _______

c. Perform a two- proportion hypothesis test using a significance level of 0.05.

Ho: _______________

Ha: _______________

z-score = _________ p-value = ___________

A=0.05

do we Keep/Fail to Reject Ho OR Reject Ho?

Conclusion: __________________________________________________________

____________________________________________________________________

____________________________________________________________________

d. Use StatCrunch to find a 95% confidence interval for the two-sample proportions?

e. Based on your confidence interval, are the percentages of the two groups the same or

different? Please explain.

f. Based on your confidence interval and hypothesis test, does it appear that men do not believe

in ghosts more than women do not believe in ghosts?

In: Statistics and Probability

October sales are estimated to be $280000 of which 60 percent will be cash and the...

October sales are estimated to be $280000 of which 60 percent will be cash and the remainder will be on credit. The company expects all sales to increase at the rate of 25 percent per month for November and December. Sales in January Year 2 are expected to be $250000. The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale. Prepare a sales budget and a schedule of cash receipts using these facts and your excel template. Check your answers here before moving to the next part, by completing the cells requested in the chart below. a. Sales Budget October November December Total-Qtr Cash sales Sales on account Total budgeted sales b. Schedule of Cash Receipts October November December Total-Qtr Current cash sales Plus collections from A/R Total collections The cost of goods sold is 80 percent of sales. The company desires to maintain a minimum ending inventory equal to 30 percent of the next month’s cost of goods sold. (Ending inventory for December is based on budgeted January Year2 sales.) Assume that all inventory purchases are made on account (on credit). The company pays 20 percent of accounts payable in the month of purchase and the remaining amount in the following month. In excel, prepare an inventory purchases budget and a cash payments budget for inventory purchases. Use the check figures below before you continue. c. Inventory Purchases Budget October November December Total-Qtr Budgeted cost of goods sold Plus desired ending inventory Inventory needed Less beginning inventory Required purchases (on account) d. Cash payments for inventory October November December Total-Qtr Payment of current month's A/P Payment for prior month's A/P Total budgeted payments Budgeted selling and administrative expenses per month follow. Salary expense (fixed): $ 21500 Sales commissions: 3 percent of Sales Supplies expense: 1 percent of Sales Utilities (fixed): $2300 Depreciation on store equipment (fixed)*: You compute Rent (fixed) $ 8000 Miscellaneous (fixed): $ 1250 *The capital expenditures budget indicates that the company will spend $450000 on October 1 for store fixtures, which are expected to have a $48000 residual value and a 48 month useful life. Utilities and sales commissions are paid the month after they are incurred; all other expenses are paid in the month in which they are incurred. In excel, prepare the selling and administrative expenses budget and the cash payments budget for selling and administrative expenses. Check the key figures below. e. Selling and Admin.Expense Budget October November December Total-Qtr Salary expense Sales commissions Supplies expense Utilities Depreciation on store fixtures Rent Miscellaneous Total S&A expenses f. Cash payments for S&A October November December Total-Qtr Salary expense Sales commissions Supplies expense Utilities Depreciation on store fixtures Rent Miscellaneous Total payments for S&A expenses

In: Accounting