Do male college students spend more time studying than female college students? This was one of the questions investigated by the authors of an article. Each student in a random sample of 46 male students at a university in England and each student in a random sample of 38 female students from the same university kept a diary of how he or she spent time over a 3-week period.

For the sample of males, the mean time spent studying per day was 283.0 minutes and the standard deviation was 160.4 minutes. For the sample of females, the mean time spent studying was 183.8 minutes and the standard deviation was 166.4 minutes. Is there convincing evidence that the mean time male students at this university spend studying is greater than the mean time for female students? Test the appropriate hypotheses using

α = 0.05.

(Use μ₁ for male students and μ₂ for female students.)

State the appropriate null and alternative hypotheses.

H₀: μ₁ − μ₂ > 0 and H_a: μ₁ − μ₂ < 0

H₀: μ₁ − μ₂ = 0 and H_a: μ₁ − μ₂ > 0

H₀: μ₁ − μ₂ < 0 and H_a: μ₁ − μ₂ > 0

H₀: μ₁ − μ₂ = 0 and H_a: μ₁ − μ₂ < 0

H₀: μ₁ − μ₂ > 0 and H_a: μ₁ − μ₂ = 0

Find the test statistic and P-value. (Use a table or technology. Round your test statistic to one decimal place and your P-value to three decimal places.)

t=

P-value=

State the conclusion in the problem context.

We reject H₀. We have convincing evidence that the mean time male students at this university spend studying is greater than the mean time for female students.

We fail to reject H₀. We have convincing evidence that the mean time male students at this university spend studying is greater than the mean time for female students.    

We fail to reject H₀. We do not have convincing evidence that the mean time male students at this university spend studying is greater than the mean time for female students.

We reject H₀. We do not have convincing evidence that the mean time male students at this university spend studying is greater than the mean time for female students.

Company A has a market value of equity of $2,000 million and 80 million shares outstanding. Company B has a market value of equity of $400 million and 25 million shares outstanding. Company A announces at the beginning of 2019 that is going to acquire Company B.

The projected pre-tax gains in operating income (in millions of $) from the merger are:

The projected pre-tax gains in operating income are expected to grow at 4% after year 2023. The company is using a discount rate of 8% to value the synergies. The marginal corporate tax rate is 35%.

Company A has decided to pay a $300 million premium for Company B. Assume that capital markets are efficient and that there is a 100% probability the deal will be closed.

If Company A were to make a 100% stock offer for Company B, what would the exchange ratio be? Remember that the exchange ratio is the number of Company A’s shares that the shareholders of Company B will receive in exchange for each of their shares.

Conflict among managers emerged soon after a French company acquired a Swedish firm. The Swedes perceived the French management as hierarchical and arrogant, whereas the French thought the Swedes were naive, cautious, and lacking an achievement orientation. Identify the source(s) of conflict that best explains this conflict, and describe ways to reduce dysfunctional conflict in this situation

CASE TWO, J.J. HEVA COMPANY J.J. Heva Company is an American company that prepares its financial statements under US GAAP. In 2014, the company reported income of $5,000,000 wit stockholders’ equity of $40,000,000 on December 31, 2014. In anticipation of possible adoption of IFRS by the US companies, the management wishes to explore possible impacts of the conversion on the company’s financial statements. You are hired to prepare a reconciliation schedule to convert 2014 income as well as stockholders’ equity on December 31, 2014 from US GAAP basis to IFRS. The following information is provided by the company’s accounting department: 1) In 2012, the company’s pension plan was amended and consequently created a past service cost of $75,000. Half of the past service cost was attributable to already vested employees who had an average remaining service life of 15 years, and half of the past service cost was attributable to non-vested employees who, on average, had two more years until vesting. The company has no retired employees. 2) In 2014, the company entered into a contract to provide engineering services to a long term customer over a 12-month period. The fixed price is $300,000 and the company estimates with high degree of reliability that the project is 30 percent complete at the end of 2014. 3) The company publicly announced a restructuring plan in 2014 and created a valid expectation on the part of the employees to be terminated that the company will carry out the restructuring. The estimated cost of restructuring is $500,000. No legal obligation to restructure exists as of December 31, 2014. 4) Stock options were granted to key officers on January 1, 2014. The grant date fair value per option was $10, and a total of 9,000 options were granted. The options vest in equal installments over three years: one-third in 2013, one-third in 2014, and one-third in 2015. A straight line method is utilized to recognize compensation expense related to stock options. 5) On January 1, 2013, the company issued $10,000,000 of 5% bonds at par value that matures in five years on December 31, 2017. Costs incurred in issuing the bonds were $500,000. Interest is paid on bonds annually. Assume the effective interest rate is 6.193%. Make sure your reconciliation statement is accompanied by an adequate explanation and reference for every one of your adjustments. Ignore income taxes.

Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO.

1. List THREE communication techniques with children. 2. Name FOUR habits to explore during health interview. 3. List FOUR clinical manifestations of failure to thrive. 4. List FOUR guidelines for assessing toilet training readiness.

What might be an example of an external cost associated with the oil production (including oil transportation) described in the mock interview? If a firm’s price of its product did, in fact, include all external costs, how would this change production decisions?

Develop an interview agenda for a meeting with a Chief Financial Officer with a list of 10 questions that relate the accounting cycle at the organization but also a careful ear and eye for hints of the type of problems present with your new employer as they affect the accounting cycle process.