Thoughts on Bankruptcy Law? Is it appropriate to have a legal mechanism in place whereby legally acquired debt is able to be eliminated through the legal process? What are the pros and cons of this concept from the standpoint of the creditor and the debtor?

How much does a sleeping bag cost? Let’s say you want a sleeping bag that should keep you warm in temperatures from 20oF to 45oF. A random sample of prices ($) for sleeping bags in this temperature range was taken from Backpacker Magazine: Gear Guide (Vol. 25, Issue 157, No. 2.)

80      90        100      120      75      37      30        23        100      100

105      95        105      60      110      120      95        90        60        70

Find the mean x ( round to two decimals places)

Find the sample standard deviation   s    ( round to two decimals places)

Find a 90% confidence interval for the mean price µ of all summer sleeping bags.

2. Over the past few months, an adult patient has been treated for tetany (severe muscle spasms.) This condition is associated with total calcium level below 6 mg/dl . Reference: Manual of Laboratory and Diagnostics Tests by F. Fischbach). Recently, the patient’s total calcium tests gave the following readings in mg/dl

9.3       8.8       10.1     8.9       9.4       9.8

10.0     9.9       11.2     12.1

Find the mean x      ( round to two decimals places)

Find the sample standard deviation   s     (round to two decimals places)

Find a 99.9% confidence interval for the mean calcium level.

3.A random sample of 40 students taken from a university showed that their mean GPA is 2.94 and the standard deviation of their GPAs is .30. Construct a 99% confidence interval for the mean GPA of all students at this university.

4.According to a study done by Dr. Martha S. Linet and others, the mean duration of the most recent headache was 8.2 hours for a sample of 5055 females 12 through 29. Make a 95% confidence interval for the mean duration of all headaches for all 12 to 29-year-old females. The standard deviation for this sample is 2.4 hours.

5. According to a survey conducted by USA TODAY, 73.2% of the workers in the United States drive alone to work. Assume that this survey is based on a random sample of 1000 US workers.

Find a 95% confidence interval for all workers in the United States who drive alone to work.

Over the years, students of the University of Professional Studies, Accra (UPSA), have complained about the mode of payment of school fees and other fees. Their main concern has been that students have to go to the banking hall of the University’s bankers and queue for long hours before they can make payment. The Student Representative Council (SRC) of the University has presented a petition on this matter to the University
Council. The Council has directed the University management to take urgent steps to address the issues. The Finance Department of the University has appointed you as the lead consultant to help them address the concerns of students.
Required:
a) With the aid of a diagram, identify the existing mode of school fees payment in UPSA.
b) With the aid of diagram, make proposal of a future school fees payment system.
c) How can your new payment system facilitate quicker registration of students at the beginning of each
semester? (

Over the years, students of the University of Professional Studies, Accra (UPSA), have complained about the mode of payment of school fees and other fees. Their main concern has been that students have to go to the banking hall of the University’s bankers and queue for long hours before they can make payment. The Student Representative Council (SRC) of the University has presented a petition on this matter to the University Council. The Council has directed the University management to take urgent steps to address the issues. The Finance Department of the University has appointed you as the lead consultant to help them address the concerns of students. Required: a) With the aid of a diagram, identify the existing mode of school fees payment in UPSA. b) With the aid of diagram, make proposal of a future school fees payment system. c) How can your new payment system facilitate quicker registration of students at the beginning of each semester?

Over the years, students of the University of Professional Studies, Accra (UPSA), have complained about the mode of payment of school fees and other fees. Their main concern has been that students have to go to the banking hall of the University’s bankers and queue for long hours before they can make payment. The Student Representative Council (SRC) of the University has presented a petition on this matter to the University Council. The Council has directed the University management to take urgent steps to address the issues. The Finance Department of the University has appointed you as the lead consultant to help them address the concerns of students. Required:

a) With the aid of a diagram, identify the existing mode of school fees payment in UPSA.

b) With the aid of diagram, make proposal of a future school fees payment system.

c) How can your new payment system facilitate quicker registration of students at the beginning of each semester?

Prepare the journal entries to record the December 2020 transactions found down below. Remember to skip a line between each journal entry and use J1, J2, J3, etc, instead of the date.

1. On December 1, Rocky Ram, Inc. received $17,000 from Kanga Roo Inc. for partial payment of account.(First entry journalized and posted for you.)

2. On December 1, Rocky Ram, Inc. received $6,000 in advance for renting office space to Bullwinkle, Inc. for the December 1, 2020 through February 28, 2021.

3. On December 6, Rocky Ram, Inc. issued checks to Acne Corporation for $12,000, Bow & Arrow, Inc. for $8,000, and Boa Construction Inc. for $15,000 in payment on accounts.

4. On December 10, the company purchased supplies in the amount of $4,000 on account from Boa Construction Inc.(FOB Shipping Point, terms n/10, n/30), order shipped in December.

5. On December 10, Rocky Ram, Inc. received a check in the amount of $30,000 from Poodle & Co. in payment of account.

6. On December 13, Rocky Ram, Inc. made a sale in the amount of $77,000 to Poodle & Co (terms 2/10, n/30). The cost of the inventory sold was $36,000.

7. On December 17, Board of Directors declared $8,200 in dividends to be paid in January.

8. On December 20, the company paid employees $31,000 for wages earned during the period from December 1 through December 15, 2020.

9. On December 23, received full payment from Poodle & Co. for sale made December 13(J6), within the discount period.

10. On December 23, Rocky Ram, Inc. made a sale in the amount of $90,000 to Bulldog Inc. (terms 2/10, n/30). The cost of the inventory sold was $28,000.

11. On December 28, Bulldog Inc. returned goods purchased on December 25, in the amount of $14,000. The cost of inventory was $9,000.

12. On December 28, Rocky Ram, Inc. ordered inventory from Bow & Arrow, Inc. in the amount of $50,000 (FOB Destination, terms 2/10, n/30), inventory is expected to arrive sometime in January.

13. On December 31, the company purchased office equipment costing $60,000. They paid $15,000 down on the equipment and signed a promissory note for the remaining balance. The note is due March 31, 2021.

14. On December 31, Rocky Ram, Inc. paid utility bills totaling $2,020 for utilities used during the month of December.

INSTRUCTIONS: READ THE FOLLOWING SITUATION AND ANSWER THE QUESTIONS ARISING FOR THE CASE ANALYSIS.

“STONYFIELD FARM GOES TO THE BLOGS”

The Stonyfield Farm story is a kind of legend. In 1983, friends and social activists Gary Hirschberg and Samuel Kaymen started with a good yogurt recipe, seven cows, and a dream. They established an organic yogurt company in Wilton, New Hampshire, to take advantage of baby boomers' growing concerns about natural foods and health, and to revitalize the dairy industry in New England. Stonyfield Farms has grown to become the third largest organic company in the world, with annual sales of more than $ 50 million in 50 states. It produces more than 18 million glasses of yogurt each month.

Stonyfield Farrn's spectacular growth is attributable in part to its ability to offer a product to a special niche market - people who value healthy food and want to protect the environment. These values ​​have become part of the "personality" of the company. Stonyfleld promises to use only natural ingredients and milk that has not been produced with antibiotics, synthetic growth hormones, or pesticides or toxic fertilizers. The company donates 10 percent of its profits each year to projects that help protect or restore the planet.

As the company expanded, management feared that it might lose touch with its loyal and committed customer base. Advertising based on traditional media was expensive and did not really help the company to "connect" with the kind of people it was trying to reach. This company prefers word-of-mouth techniques that deliver its message to customers in ways more compatible with its popular, organic, and activist-friendly image.

Stonyfield has multiple active email newsletters with more than 500,000 subscribers, and typically posts messages promoting causes that he supports on the tops of his yogurt glasses. Now she's turning to blogging to further personalize her customer relationships and reach even more people. Inspired by Howard Dean's presidential campaign and Dean's blogger tutorials, CEO Hirschberg became convinced that Stonyfield could use blogging to create a more personal relationship with consumers, different from the traditional sales relationship. "Blogs give us what we call a handshake with consumers" and "a little more access to us

Stonyfield now publishes two separate blogs on his website — Baby Babble and Bovine Bugle. At one time Stonyfield was running five blogs, but decided to withdraw three of them because they weren't attracting enough readers. Baby Babble provides a forum for Stonyfield employees and other parents of young children to meet and discuss child development and balance work with the family. Stonyfield created that blog because baby yogurts are one of its most popular product lines, and parenting blogs seem to appeal to a large number of readers. The Bovine Bugle provides reports about Jonathan's Organic Dairy Farm. Gates in Franklin, Vermont, a member of the organic cooperative that supplies milk for Stonyfield products.

This blog sparks a large number of nostalgic comments from readers who remember their childhood on a farm. As organic food grows in importance, these blogs help the company showcase the aspects that make it different from other brands and invite customers to help them in this endeavor. Stonyfield continually posts new content to each of the blogs. Readers can subscribe to any of them and automatically receive updates when available. And of course they can reply to these posts.

The benefits of blogging for Stonyfield have not yet been quantified so far, but management is confident there are real benefits. Blogs have created a positive response for the Stonyfield brand by providing readers with something that inspires them or sparks their interest -If blogs give new information to readers, inspire them to protect the environment or ask them for opinions, the administration believes that They will remember the brand when they are in front of the yogurt shelves in the supermarket or grocery store and that they will take a Stonyfleld product instead of a competitor when it is time to choose. Stonyfield has a fairly large website. Blogs offer a way to highlight some of the content on the Web that would otherwise be lost. This, too, helps drive some blog readers to buy Stonyfield products.

III. Is the strategy of using "blog" one that provides a competitive advantage to the company? Explain your answer. What are the advantages and disadvantages of using blogs for a company like this?

Exercise One

The final grades in immunology at State University are recorded in the accompanying table (ranged from a possible 0 to 80; Also See Problem 13):

           29   74 51    42   55   75   74   74   79   74    43   79   55   74   25   04   69   78   74   52

           76 74   04    64   76   79   69   77   79   24    75   78   74 69   65   80   72   79   62   79

           08   66   79    43   76   72   45   73   05   79    74   74   75   38   60   02   74   78   79   73

           63   45   74    64   63   75   62   43   67   72    62   62   54   03   45   79   62   64   75   72

     From the above data (80 cases):

1. (5 pts.) construct a frequency table, include relative frequency and cumulative relative frequency.
2. (8 pts.) Construct a histogram and frequency polygon.
3. (2 pts.) Why did you select the intervals you used for your table and graphs?
4. (2 pts.) Is the above distribution skewed? Explain your answer.

(3 pts.) Define skewed. Demonstrate what that would look like graphically. Why is skewed data problematic?

(3 pts.) What is the relation between kurtosis and variability of the data?

(2 pts.) What do measures of central tendency not tell us? Demonstrate this problem graphically.

(11 pts.) Find the mean, median, and mode for all 80 cases in problem #9. Imagine that you are a graduate teaching assistant for the course. What does you tell us the professor about the students' performance in immunology? Be specific. (Note: The instructor uses a grading scale of A=72-80; B=63-71; C=54-62; D=45-53; F=44 or less.)

Nihau Tech has equal amounts of low-risk, average-risk, and high-risk projects. The firm's overall WACC is 11%. The CFO, Ms Chen, believes that this is the correct WACC for the company's average-risk projects, but that a lower rate should be used for lower-risk projects and a higher rate for higher-risk projects. The CEO, Mr. Wu, disagrees, on the grounds that even though projects have different risks, the WACC used to evaluate each project should be the same because the company obtains capital for all projects from the same sources. If Mr. Wu's position is accepted, what is likely to happen over time?

a) The company will take on too many high-risk projects and reject too many low-risk projects.

b) The company's overall WACC should decrease over time because its stock price should be increasing.

c) Things will generally even out over time, and, therefore, the firm's risk should remain constant over time.

d) The company will take on too many low-risk projects and reject too many high-risk projects.