Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose that a random sample of companies yielded the following data:

Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 1% level of significance. Will you use a left tailed, right tailed, or two tailed test?

You are the Finance Director of a start-up that delivers online ads to end users and you are about to approve the budget for the next fiscal year. You notice that your team has projected the annual revenue goal through equal increase of monthly ad deliveries, which assumes least number of deliveries in January and the most number of deliveries in December. Before approving the budget, you want to make sure that there is indeed such a difference between the monthly number of ads delivered. You pull out the data for the current year to perform analysis of variance on the mean number of ads delivered per month. Describe: (1) which method for analysis of variance you will choose and why; (2) what statistical results you want to see in order to approve the proposed revenue plan as it is.

Golfgamez is an idea for a business that sells a mobile phone app for golfers. This app has three key functions: 1) GPS-enabled scoring & record-keeping, 2) facilitation of side bets between golfers, and 3) offering coupons for discounted golf merchandise from third-party retailers.

This business will have three revenue streams (i.e. app purchases, in-app coupon purchases, and in-app gambling). As you develop this concept, will you stick with all three of these streams, or will you eliminate any? Are there other/alternative streams of revenue you might add? Assuming we define our target market more specifically than "American golfers who own smart phones," what additional characteristics might you use to define your target market? Why?

Critics of the Federal Income Tax often complain about the complexity of the tax law... In fact, former President Jimmy Carter called our tax law "a disgrace" and Albert Einstein threw up his hands in frustration and said that it was too complicated for him to understand. One common suggestion to improve our tax law seems to be that it would be much easier to raise revenue for the Federal government with a national sales tax or a flat income tax with no deductions (based simply on gross income). Please refute these contentions and defend our tax system. Explain how the Income Tax is designed to achieve multiple goals, i.e., social - political - economic - stimulus - incentive - disincentive objectives ..... and that raising revenue for the government is not the only purpose of the income tax law.

This is urgent Please !

• During the 2005 gubernatorial administration, significant reductions in funding
  were made to the “municipal revenue sharing program” that provides aid to local governments. Some cutbacks were lessened by Legislative action, but it tended to be a difficult battle to restore funding to this program.
• Your response will be written as an opinion editorial to a newspaper.
• In your own words, define the term “fiscal disparity.”
• explain why fiscal disparities occur initially and how changes in fiscal circumstances are affected by location choices of households. Describe how service production conditions may increase fiscal disparities.
• Finally, describe why intergovernmental aid is an important tool for mitigating disparities in revenue capacity and helping to balance spending pressures and financing ability.
• Your response must demonstrate knowledge of the fiscal environment including service and production characteristics.

Two accountants, Yuan Tsui and Sergio Aragon, are arguing about the merits of presenting an income statement in the multiple-step versus the single-step format. The discussion involves the following 2020 information for P. Bride Company (in thousands):

Common shares outstanding for 2020 total 30,000 (in thousands). Income tax for the year was $18,130.

Prepare an income statement for the year ended December 31, 2020, using the multiple-step format, showing expenses by function. Include calculation of EPS.

Presented below is information related to Skysong Corp. for the year 2017.

Prepare a multiple-step income statement for 2017. Assume that 62,370 shares of common stock are outstanding. (Round earnings per share to 2 decimal places, e.g. 1.49.)
Prepare a separate retained earnings statement for 2017. (List items that increase adjusted retained earnings first.)

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

Required:
5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information.

Percy Productions has three models: D, E, and F. The following information is available:

Percy Productions is thinking of discontinuing model F because it is reporting an operating loss. All fixed costs are unavoidable. Assume Percy Productions is able to increase the sales revenue of product F to $32,000 with no change in volume of units sold and no change in variable costs or fixed costs. What effect will this have on operating income?

Presented below is the adjusted trial balance of Windsor, Inc. at December 31, 2017.

Additional information:

Prepare a classified balance sheet as of December 31, 2017.