Questions
Kathy Chen​, owner of Flower Hour​, operates a local chain of floral shops. Each shop has...

Kathy Chen​, owner of Flower Hour​, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery​ fee, Chen wants to set the delivery fee based on the distance driven to deliver the flowers. Chen wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how delivery distance affects these costs. She has the following data from the past seven​ months:

Month

Miles Driven

Van Operating Costs

January. . . . . . . . . . . . . . . . . . . . . .

16,400

$5,480

February. . . . . . . . . . . . . . . . . . . . . .

17,500

$5,400

March. . . . . . . . . . . . . . . . . . . . . .

15,000

$4,950

April. . . . . . . . . . . . . . . . . . . . . .

16,100

$5,270

May. . . . . . . . . . . . . . . . . . . . . .

17,300

$5,740

June. . . . . . . . . . . . . . . . . . . . . .

15,600

$5,440

July. . . . . . . . . . . . . . . . . . . . . .

14,500

$4,680

Use Microsoft Excel to run a regression​ analysis, then do the​ following:

1.

Determine the​ company's cost equation​ (use the output from the Excel​ regression).

2.

Determine the​ R-square (use the output from the Excel​ regression). What does

Flower HourFlower Hour​'s

​R-square indicate?

3.

Predict van operating costs at a volume of

16 comma 00016,000

miles assuming the company would use the cost equation from the Excel regression regardless of its​ R-square. Should the company rely on this cost​ estimate? Why or why​ not?

In: Math

space, and insert the amounts in the appropriate columns. For amounts entered in the Other Accounts...

space, and insert the amounts in the appropriate columns. For amounts entered in the Other Accounts column, also indicate the account titles.
Item Land Buildings Other Accounts
P10.2A (LO 2) In recent years, Avery Transportation purchased three used buses. Because of fre- quent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is summarized as follows.
Totals
Land $172,500 Buildings $735,000
Compute depreciation under different methods.
Bus
1 2 3
Acquired
1/1/18 1/1/18 1/1/19
Cost
$ 96,000 110,000 92,000
Salvage Value
$ 6,000 10,000 8,000
Useful Life in Years
5 4 5
Depreciation Method
Straight-line Declining-balance Units-of-activity
Problems: Set A
10-39
For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 120,000. Actual miles of use in the first 3 years were 2019, 24,000; 2020, 34,000; and 2021, 30,000.
Instructions
a. Compute the amount of accumulated depreciation on each bus at December 31, 2020.
b. If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus
in (1) 2018 and (2) 2019?

In: Accounting

Question #6. Independent cases: A. On January 1, Nets Company paid $48,000 for a new delivery...

Question #6. Independent cases:

A. On January 1, Nets Company paid $48,000 for a new delivery truck. It was estimated that the truck would be driven 100,000 miles during the next 5 years, at which time it would have a salvage value of $3,000. During the first and second years, the odometer registered 22,000 and 40,000 miles, respectively. Calculate the depreciation expense Nets Company needs to record at the end of year I & end of year 2. Nets Company uses the Units of Production method to account for depreciation. What is the book value of the truck at the end of 2nd year.

B. On Jan. 1, 2004, Cav Co., which uses straight-line depreciation, purchased equipment for $60,000 with a useful life of 7 years and $4,000 salvage value. On April 1, 2008, the equipment was sold for $30,000 cash. What gain or loss should Cav recognize as a result of this disposition? Indicate the impact of the disposition on the income statement & balance sheet.

C. On Nov. 1, 2005, GoodTaste Magazine received $36,000 of annual magazine subscriptions. On Dec. 31, 2005, the end of fiscal year, Management of GoodTaste decided to recognize the $36,000 as revenues for the year 2005. Do you agree with GoodTaste Management? Explain. How should GoodTaste Magazine report this in its financial statements as of Dec. 31, 2005?

In: Accounting

3. Consider the following situation and answer the subsequent questions to the best of your engineering...

3. Consider the following situation and answer the subsequent questions to the best of your engineering ability and judgment. a. There are two Schultz Creek watersheds, East and West. The East drains into unincorporated communities east of Flagstaff, and the West drains into the City of Flagstaff itself. The key point about ‘unincorporated’ is that this means these residents did not live in a city or town, and for some infrastructure aspects like storm drainage, there were no requirements or regulations. Prior to 2010 both of these watersheds were heavily forested and due to almost a hundred years of fire suppression instead of fire management, both watersheds had accumulated thick, water-absorbing masses of pine needles and decomposed pine needles on the forest floor. This prevented the watersheds from ‘delivering’ runoff to its streams in normal years because all of the precipitation was stored in the pine needle layers, sometimes referred to as ‘duff’. Only in heavy snow and rain years, about once every 5-7 years, would the streams flow, instead of every one or two years. i. The East Schultz Creek Watershed is approximately 14 square miles in area. The West is about 6 square miles in area. Assume that the following hydrologic soil group percentages hold for both watersheds prior to 2010: 5% HSG D, 8% HSG C, 15% HSG B, and the rest is HSG A, due to the extensive duff in the watershed.

In: Civil Engineering

A firm specializes in leasing apartments to students attending a nearby college. The firm has several...

A firm specializes in leasing apartments to students attending a nearby college. The firm has several apartment blocks (each block has 100 apartments) in different locations and distances from the campus. The firm has estimated a regression model to understand the effect of three variables on the demand for its apartments. The results obtained from the regression model is provided below.

Regression Results

Coefficients

Standard Error

t Stat

P-value

Intercept

108.96

15.55

7.01

0.00

P

-0.10

0.03

-3.33

0.004

B

3.63

1.34

2.72

0.026

D

-4.83

0.89

-5.43

0.001

where:

P is the rental price in dollars for the apartments

B is the number of scheduled public bus service from apartment building to campus per hour

D is distance (in miles) from each apartment building to campus

(a). Interpret the coefficients and statistical significance of each of the three variables (P, B, and D) [3 marks]

(b). Compute the price elasticity of demand for rental units priced at $375, located 2 miles from campus and with a schedule of 6 bus services per hour? [2 marks].

(c). The firm mangers are considering introducing their own bus service in apartment blocks under-served by public transportation. How will the regression results be of use, and what other factors will the firm need to consider when making this decision for the firm to maximize profits? [2 marks]

In: Economics

A car rental company allows its customers to pick up a rental car at one location...

A car rental company allows its customers to pick up a rental car at one location and return it to any of its locations. Currently, two locations (1 and 2) have 16 and 18 surplus cars, respectively; and four locations (3, 4, 5, and 6) each need 10 additional cars. Because 34 surplus cars are available at locations 1 and 2 combined, and 40 cars are needed at locations 3, 4, 5, and 6 combined, some locations will not receive as many cars as they need. Management wants to make sure all surplus cars are sent where they are needed, and that each location needing cars receives at least five. Management wants to do this with the lowest total miles added to the cars. The distance (in miles) from locations 1 and 2 to the other locations are summarized in the following table:

Cost Location 3 Location 4 Location 5 Location 6
Location 1 5.4 1.7 2.3 3.0
Location 2 2.4 1.8 1.9 3.1

    

(1.1) Formulate a linear programming model for this problem

(1.2) Create a spreadsheet model for this problem and solve it using Solver. Submit your Excel file on iLearn.

(1.3) What is the optimal solution?

(1.4) Which location is receiving the fewest cars?

(1.5) Suppose location 6 must have at least eight cars shipped to it. What impact does this have on the optimal objective function value?

In: Operations Management

Which technology is better? (1) a technology that involves high initial cost but lower future annual...

Which technology is better?

(1)

a technology that involves high initial cost but lower future annual operating costs

(2)

a technology that is cheaper in initial cost but higher future annual operating costs

A. Always (1) Technology

B. Always (2) Technology

C. Depends. Need to evaluation a life-cycle cost

For every penny that the price of gasoline goes up, the U.S. Postal Service (USPS) experiences a monthly fuel cost increase of $8 million. State what assumptions you need to make to answer this question: "How many mail delivery vehicles does the USPS have in the United

States?”

A. Gasoline price before the increase

B. Gas consumption (miles per

gallon) of the average delivery vehicle

C. Total number of miles driven each year by the average delivery vehicle

D. Total number of drivers employed by the USPS

E. Annual repair and maintenance expenses per average delivery

vehicle

Assume that your employer is a manufacturing firm that produces several different electronic consumer products. What are three nonmonetary factors (attributes) that may be important when a significant change is considered in the design of the current bestselling product?

A. Aesthetics

B. R&D expenses incurred for the design

C. Safety

D. Advertising costs

E. Quality in terms of consumer expectations

In: Economics

Identify and research a service business in your pathway. Using the internet, go to the company’s...

Identify and research a service business in your pathway. Using the internet, go to the company’s website and obtain their most recent (less than 2 years old) Annual Report/10K.

Write a three paragraph discussion post with the following information:

  • Name of the company, in the subject line of your post.

  • Why are you interested in this company?

  • What industry are they in?

  • What do they do specifically?

  • What is the date of the most recent income statement presented, what was the net income on that statement? If the statement is in millions, state it that way.

Examples of businesses in pathways could be:

  • AHCD: Dance, Theater, Film production, Social media, Graphics design or architecture business
  • Business: Accounting office, caterer, advertising firm, dry cleaner, restaurant, any business is acceptable
  • Education: K-12 tutoring, Child care, Charter schools
  • Health Sciences: Dr. or Dentist office, PT office, Hospital, Insurance co,
  • IMCT: Engineering Co., Aviation maintenance, Aviation distribution, Supply Chain Management
  • Public Safety: Law office, PI, Equipment providers for the industry
  • STEM: Engineering Co., Vet. Office, Computer Services co.
  • SGSHS: Psychology office, Non-profit agencies, Social Media

In: Accounting

You are given the sample mean and the population standard deviation. Use this information to construct...

You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If​ convenient, use technology to construct the confidence intervals.

A random sample of 55 home theater systems has a mean price of ​$136.00. Assume the population standard deviation is ​$18.60.

a) The​ 90% confidence interval is ​____

b) The​ 95% confidence interval is ____

c) Interpret the results. Choose the correct answer below.

a.

With​ 90% confidence, it can be said that the population mean price lies in the first interval. With​ 95% confidence, it can be said that the population mean price lies in the second interval. The​ 95% confidence interval is wider than the​ 90%.

b.

With​ 90% confidence, it can be said that the sample mean price lies in the first interval. With​ 95% confidence, it can be said that the sample mean price lies in the second interval. The​ 95% confidence interval is wider than the​ 90%.

c.

With​ 90% confidence, it can be said that the population mean price lies in the first interval. With​ 95% confidence, it can be said that the population mean price lies in the second interval. The​ 95% confidence interval is narrower than the​ 90%.

In: Statistics and Probability

Java- Fill in the blanks Print numbers 0, 1, 2, ..., userNum as shown, with each...

Java- Fill in the blanks

Print numbers 0, 1, 2, ..., userNum as shown, with each number indented by that number of spaces. For each printed line, print the leading spaces, then the number, and then a newline. Hint: Use i and j as loop variables (initialize i and j explicitly). Note: Avoid any other spaces like spaces after the printed number. Ex: userNum = 3 prints:

0
 1
  2
   3

--------------------------------------------

public class NestedLoop {
public static void main (String [] args) {
int userNum = 0;
int i = 0;
int j = 0;

/* Your solution goes here */

return;
}
}

----------------------------------------------------

Given numRows and numCols, print a list of all seats in a theater. Rows are numbered, columns lettered, as in 1A or 3E. Print a space after each seat, including after the last. Use separate print statements to print the row and column. Ex: numRows = 2 and numCols = 3 prints:

1A 1B 1C 2A 2B 2C 

-----------------------------------------------------------

public class NestedLoops {
public static void main (String [] args) {
int numRows = 2;
int numCols = 3;

// Note: You'll need to declare more variables

/* Your solution goes here */

System.out.println("");

return;
}
}

In: Computer Science