Questions
Gold-I-Locks plc manufactures and sells doors and windows that contain a revolutionary locking mechanism the CEO...

Gold-I-Locks plc manufactures and sells doors and windows that contain a revolutionary locking mechanism the CEO developed while at university.  You have been provided with the company’s trial balance as at 31 March 2020.  Unfortunately, it was prepared by a junior member of staff and does NOT balance.  

Gold-I-Locks plc

Trial Balance

As at 31 March 2020

£

£

Equity shares

100,000

8% debentures

50,000

Share premium

9,500

Retained profits

12,976

Motor vehicles (cost)

210,000

Accumulated depreciation

19,000

Inventories

14,167

Accounts receivable

11,000

Accounts payable

8,336

Bank

10,906

Sales

270,620

Purchases

186,000

Wages

33,502

Electricity expenses

350

Rent expenses2

2,218

General expenses

1,112

Debenture interest

4,000

The junior member of staff has identified the following errors but does not know how to correct them:

  1. A payment of £150 for electricity was entered in the Bank Account but was not recorded in the Electricity Expense Account.
  2. There is a debit in the Rent Expense Account for £718 and a debit to the bank account for the same amount.
  3. A sale for £1,200 has been entered correctly in Accounts Receivable but as £120 in the Sales Account.
  4. A payment to a supplier of £457 has been correctly recorded in Accounts Payable Account but no other entry has been made.

Required:

  1. Prepare journal entries to correct the above errors and prepare a T-account for the Suspense Account showing the entries.

[20 marks]

  1. There are two general categories of errors: Those that cause the trial balance not to balance and those that do not affect the trial balance balancing.  Describe one of each type of error, provide an example and describe how you would correct it. [word limit: 100-200 words]

In: Accounting

test the hypothesis (α = 0.05) that the population proportions of red and brown are equal...

test the hypothesis (α = 0.05) that the population proportions of red and brown are equal (pred = pbrown). You are testing if their proportions are equal to one another. NOTE: These are NOT independent samples, but we will use this approach anyway to practice the method. This also means that n1 and n2 will both be the total number of candies in all the bags. The “x” values for red and brown are the counts of each we found on the Data page. You will need to calculate the weighted p: Be sure to state clear hypotheses, test statistic, critical value or p-value, decision (reject/fail to reject), and conclusion in English. Submit your answer as a Word, Excel, .rtf or .pdf format through the M&M® project link in the weekly course content. HELP You can use your TI to help with this test. Needed information for both tools include: x1 = number of red n1 = total number of candies x2 = number of brown n2 = total number of candies

Candies per bag Blue candies Green candies Orange candies Yellow Candies Brown Candies Red Candies
Bag 1 55 11 11 13 12 4 4
Bag 2 57 11 13 13 10 2 8
Bag 3 58 13 14 7 13 3 8
n 3 3 3 3 3 3 3
average 56.66666667 11.66666667 12.66666667 11 9.5 3 5.75
stanard deviation 1.527525232 1.154700538 1.527525232 3.464101615 1.527525232 1 2.309401077
95% confidence inteval 3.794583034 2.868435153 3.794583034 8.605305459 3.794583034 2.484137712 5.736870306

In: Statistics and Probability

The Province of Quebec is facing power shortfalls. Quebec Hydro plans to address this problem by...

The Province of Quebec is facing power shortfalls. Quebec Hydro plans to address this problem by investing in developing coal fired energy and hydropower facilities in the coming seven years, and have $1.5 billion with which to do so.   Every $ million spent on coal fired plants will result in 15 megawatts of power capacity when the plant construction is completed, and every $ million spent on hydropower dams will result in 20 megawatts of power capacity when the dam construction is completed. Completion of coal fired plants takes 3 years and completion of hydropower dams takes 4 years.    Once these facilities are built they will require additional operating funds that are equivalent to 25% of their initial cost annually. Funds set aside for plant operations cannot be used to invest in new plants or dams, but can be invested in the stock market and net an interest of 12%. Any unspent funds can also be invested in this way. Quebec Hydro currently has 40 megawatts of capacity and it can price energy so as to keep the demand at this level in the next two years. Thereafter, however demand will rise to 56, 60, 68, 75, and 87 megawatts of additional power in the third, fourth, fifth, sixth and seventh years, respectively. Assume that once a plant is operational, it is always operational.

a) FORMULATE the Linear Programming decision model that meets the power demand, and maximizes the funds available to Quebec Hydro at the end of the seventh year. Define all decision variables and label (1-5 word description) each constraint. Define Ct and HPtto be the amount invested in coal fired plants and hydropower dams, respectively, in year t. Define Ft to be the money invested into the stock market in year t. NOT SOLVE THE MODEL.

In: Accounting

Jack just completed the program for the Flesch text analysis from this chapter’s case study. His...

Jack just completed the program for the Flesch text analysis from this chapter’s case study. His supervisor, Jill, has discovered an error in his code. The error causes the program to count a syllable containing consecutive vowels as multiple syllables.

Suggest a solution to this problem in Jack’s code and modify the program so that it handles these cases correctly.

An example text and the program input and output is shown below:

example.txt

Or to take arms against a sea of troubles, And by opposing end them? To die: to sleep.

Enter the file name: example.txt
The Flesch Index is 102.045
The Grade Level Equivalent is 1
3 sentences
18 words
21 syllables

"""
Program: textanalysis.py
Author: Ken
Computes and displays the Flesch Index and the Grade
Level Equivalent for the readability of a text file.
"""

# Take the inputs
fileName = input("Enter the file name: ")
inputFile = open(fileName, 'r')
text = inputFile.read()

# Count the sentences
sentences = text.count('.') + text.count('?') + \
text.count(':') + text.count(';') + \
text.count('!')

# Count the words
words = len(text.split())

# Count the syllables
syllables = 0
vowels = "aeiouAEIOU"
for word in text.split():
for vowel in vowels:
syllables += word.count(vowel)
for ending in ['es', 'ed', 'e']:
if word.endswith(ending):
syllables -= 1
if word.endswith('le'):
syllables += 1

# Compute the Flesch Index and Grade Level
index = 206.835 - 1.015 * (words / sentences) - \
84.6 * (syllables / words)
level = int(round(0.39 * (words / sentences) + 11.8 * \
(syllables / words) - 15.59))

# Output the results
print("The Flesch Index is", index)
print("The Grade Level Equivalent is", level)
print(sentences, "sentences")
print(words, "words")
print(syllables, "syllables")

The given code needs to be edited to be correct. We are using the newest form of python.

In: Computer Science

For this problem, you'll be writing a script that reads the content of a file, modifies...

For this problem, you'll be writing a script that reads the content of a file, modifies that content, and then writes the result to a new file.

a. Define a function called modified() that takes a string and returns a "modified" version of the string. The type of modification is up to you (be creative!), but I have a couple requirements: You must make at least two different modifications, and at least one of those modifications must be some kind of replacement. (I recommend making use of the string method .replace() link). You need to briefly explain what your modifications are in the docstring. Put this function in the same script as in part (b).

So for example you could replace every occurrence of the letter "O" with the digit "0" and every occurrence of the letter "I" with the digit "1" (that's 2 modifications, both replacements).

Or alternatively, you could make everything uppercase (modification 1, not a replacement) and then replace every occurrence of the word "SMALL" with the string "small" (modification 2 , a replacement).

b. Write a script called filechanger.py that asks the user to type in a source filename and a destination filename, opens both files, loops through the contents of the source file line-by-line (using modified() to modify each line and writing the resulting line to the destination file), and then closes both files (using with-as).

If an OSError occurs, the script should print a message saying that there was an error working with one of the files and ask the user to enter in the filenames again. You may implement this with either a while loop with .readline(), or a for loop, but the script must loop through the source file line-by-line; you may not use .read() or .readlines().

*Use with-as insted of .close() when working with files and every command that works with files should be insidea a try block.

In: Computer Science

Question 3 part 1: A researcher wants to know whether Aurors (magical police) have different drink...

  1. Question 3 part 1: A researcher wants to know whether Aurors (magical police) have different drink preferences than the general wizarding population (these are known from prior research). He takes a sample of n = 300) Aurors and asks each one what their favorite drink is (see the table below). The goal was to see whether Aurors’ preferences differed from those of the general population. Assume all assumptions are met. Do all hypothesis testing for this part of question 3 using α = 0.01. (See table below for sample data.)

Favorite Drink

                                                 Pumpkin juice       Butterbeer       Firewhisky       Elven Wine

81

131

59

29

46 %

41 %

11 %

2 %

Observed Valuesn =300

Expected Proportions

Answer the questions labeled "Question 3 part 1" in the Word document using this information.

Question 3 part 2: A researcher wants to know whether there is any relationship between a person’s preferred type of magic (light, neutral, or dark) and the type of animal they chose as their familiar (owl, cat, or rat). To investigate this, she takes a sample of n =250) people and records how many people fall into each of the categories. The goal of the study is to test whether there was any relationship between the two variables. Assume all assumptions are met. Do all hypothesis testing for this part of question 3 using α =0.05. (See table below for sample data.)

Observed Frequencies

Preferred Animal Familiar

                                                                                     Owl      Cat                 Rat

57

20

41

19

23

18

31

22

19

Light magic118

Type of magic preferred                                            Neutral magic60

Dark magic72

In: Statistics and Probability

The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the...

The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained earnings were $1,341,000 on January 1, 2018, the beginning of the year. During the year, dividends of $75,000 were paid.

Accounts payable $ 69,500
Accounts receivable 236,500
Cash 190,500
Common stock 450,000
Fees earned 383,500
Land 1,500,000
Miscellaneous expense 14,500
Rent expense 22,500
Supplies 7,000
Supplies expense 11,300
Utilities expense 16,700
Wages expense 170,000
Required:
1. Prepare an income statement for the year ended December 31, 2018. Refer to the Accounts given in the Instructions and to the lists of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred, enter that amount as a negative number using a minus sign. A colon (:) will automatically appear if it is required.
2. Prepare a retained earnings statement for the year ended December 31, 2018. Refer to the Accounts given in the Instructions and to the lists of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. The word “Less” or “Add” is not needed in the Retained Earnings Statement.
3. Prepare a balance sheet as of December 31, 2018. Refer to the Accounts given in the Instructions and to the lists of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.
4. What item appears on both the retained earnings statement and the balance sheet?

In: Accounting

Question: An outbreak of betacoronavirus severe acute respiratory syndrome (SARS)-CoV-2 began in Wuhan, China in December...

Question:

An outbreak of betacoronavirus severe acute respiratory syndrome (SARS)-CoV-2 began in Wuhan, China in December 2019. COVID-19, the disease associated with SARS-CoV-2 infection, rapidly spread to produce a global pandemic. Since then many scientists around world try to understand the mechanism of the virus. One of the very important questions that the scientists are asking is that why there is a difference with respect to severity of the disease between infected individuals. We know some factors such as people with advanced age or underlying health conditions such as heart disease and diabetes are more likely to develop severe symptoms. But those do not explain the whole story, because there are plenty of young and healthy individuals with severe symptoms or old individuals with underlying health conditions with mild symptoms. Why might that be? Could genetics play a role? Because we know from past experiences that genetics is associated with susceptibility to infectious diseases such as particular HBB variants make people less susceptible to malaria, or particular CCR5 variants can protect people from HIV infection, or particular FUT2 variants prevent people to be infected by norovirus.

So, a) Please discuss the molecular mechanisms of the novel coronavirus and decide which human genes are possible candidates of most likely to influence severity of the disease.

b) Please discuss if the geographical location could affect the severity of the disease in terms of genetic variation and evolutionary migration patterns of humans.

Specific Instructions:  Provide at least 3 references in an appropriate format.  Use only scholarly research papers for referencing (magazines, blogs, and websites are not allowed).  Plagiarism or quotations are not allowed.  Word count scale: Minimum 200 words.

Please anyone?

In: Biology

Danone produces different kind of milkshakes, the production process starts with workers mixing milk with different...

Danone produces different kind of milkshakes, the production process starts with workers mixing milk with different kind of fruits, fruits flavors and other ingredients in a secret recipe. The company enhance the combined mixture with natural flavors. Finally, the company puts the mixture in special pots.

Danone incurs the following costs:

Sugar

$30

Wages of workers who do the mixture

$6,400

Marketing department salaries

$730

Delivery truck drivers’ wages

$150

Milk

$5,000

Fruits flavorings

$780

Lift truck operators’ salaries

$1,120

Payment for new recipe

$750

Salaries of factory cleaners

$750

Yoghurt pots

$1,300

Sales commissions            

$250

Customers services

$210

Depreciation on delivery trucks

$230

Depreciation on equipment

$2,700

Natural fruits flavors

$350

Insurance on plant building

$250

Fruits

$16,000

Instructions

  1. Classify each of the listed costs into three subcategories: direct materials, direct labor, manufacturing overhead:

Direct materials

Direct

labor

Manufacturing overhead

Sugar

Wages of workers who do the mixture

Marketing department salaries

Delivery truck drivers’ wages

Milk

Fruits flavorings

Lift truck operators’ salaries

Payment for new recipe

Salaries of factory cleaners

Yoghurt pots

Sales commissions            

Customers services

Depreciation on delivery trucks

Depreciation on equipment

Natural fruits flavors

Insurance on plant building

Fruits

  1. How much the total cost for each value chain category?

…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

  1. If Danone will produce 20 000 pots of milkshake this year, how much the average cost per pot?

………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
           

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

Note: Answers Should be in Word Version Format Please

In: Accounting

Your employer, a mid-sized human resources management company, is considering expansion into related fields, including the...

Your employer, a mid-sized human resources management company, is considering expansion into related fields, including the acquisition of Temp Force Company, an employment agency that supplies word processor operators and computer programmers to businesses with temporary heavy workloads. Your employer is also considering the purchase of Biggerstaff & McDonald (B&M), a privately held company owned by two friends, each with 5 million shares of stock. B&M currently has free cash flow of $24 million, which is expected to grow at a constant rate of 5%. B&M’s financial statements report short-term investments of $100 million, debt of $200 million, and preferred stock of $50 million. B&M’s weighted average cost of capital (WACC) is 11%. Answer the following questions.

1. What is free cash flow (FCF)? What is the weighted average cost of capital? What is the free cash flow valuation model?

2. Suppose the free cash flow at Time 1 is expected to grow at a constant rate of gL forever. If gL < WACC , what is a formula for the present value of expected free cash flows when discounted at the WACC? If the most recent free cash flow is expected to grow at a constant rate of gL forever (and gL < WACC ), what is a formula for the present value of expected free cash flows when discounted at the WACC? gL= long term growth rate

I don’t mind if the answers are the same as other answers for similar questions. I just need some help understanding so a breakdown of the work would be helpful. Thank you in advance.

In: Finance