Questions
The half- life of bromine-74 is 25 min. how much of a 6.8mg sample is still...

The half- life of bromine-74 is 25 min. how much of a 6.8mg sample is still active after 75 min?

In: Chemistry

. “The half-life of Ir-192 is 74 days, so complete city blocks may be contaminated for...

. “The half-life of Ir-192 is 74 days, so complete city blocks may be contaminated for years.” Explain this statement.

In: Chemistry

Find a 99% confidence interval for a mean of 220. Does the test stastic lie in...

Find a 99% confidence interval for a mean of 220. Does the test stastic lie in the confidence interval?

Standard Deviation: 74.

In: Statistics and Probability

Find the critical value of the test at the 0.025 level of significance. Round your answer to three decimal places.

A manager for an insurance company believes that customers have the following preferences for life insurance products: 50% prefer Whole Life, 30% prefer Universal Life, and 20% prefer Life Annuities. The results of a survey of 351 customers were tabulated. Is it possible to refute the sales manager's claimed proportions of customers who prefer each product using the data?

ProductNumber
Whole39
Universal86
Annuities226

Copy Data

Step 8 of 10 :  

Find the critical value of the test at the 0.025 level of significance. Round your answer to three decimal places.

In: Statistics and Probability

Social Media and Business Businesses use social media to engage their customers and market their products...

Social Media and Business

Businesses use social media to engage their customers and market their products but they don’t always get it right. An example of a social media disaster was when, in 2012, McDonald’s launched a Twitter campaign where they paid a large sum of money to promote the hashtag #McDStories They hoped customers would share positive stories of their visits to their restaurants. However, people started sharing negative reviews, the company realised that their reputation was at risk and they quickly pulled the campaign.

What lessons can be learned from this failed social media campaign and how can companies design campaigns to be effective and engaging for customers?

In: Economics

The population of rats, R(t), in a small town's sewage system t years after the beginning...

The population of rats, R(t), in a small town's sewage system t years after the beginning of the year 2000 is given by R(t)=5500e^0.049t. Find the AVERAGE population of rats in the system from the beginning ROUND YOUR FINAL ANSWER TO THE NEAREST RAT of the year 2004 to the beginning of the year 2010.


The average popualtion was about ____ rats

In: Math

Assume that your firm was auditing General Electric in 2000 and was recommending an adjustment to...

Assume that your firm was auditing General Electric in 2000 and was recommending an adjustment to its financial statements that reduced net income. Based on the fees paid to your firm in 2000, what incentive(s) might your firm consider in insisting upon this adjustment? How would your firm's incentive(s) differ after 2004?

In: Accounting

Moon Star Company obtained two notes receivable during the year of 2019. The details of the...

Moon Star Company obtained two notes receivable during the year of 2019. The details of the notes are as follows:

October 3, 2019          Sold goods for $24,000 on account to a customer (Sun Company) and received 8% note. The note was due on October 18, 2019.

December 5, 2019      Received 13% note for $15,000 to replace account receivable from a customer (Strong Company). The note was due on January 5, 2020.

  1. Compute maturity value of the note receivable received on October 3 (Show supporting calculations.)
  2. Journalize the collection of the note which was due on October 18, 2019.
  3. Journalize the adjusting entry at December 31, 2019 to record accrued interest.
  4. Compute total interest revenue earned on the note receivable received on December 5, 2019 (Show supporting calculations.)
  5. Journalize the collection of the note which was due on January 5, 2020.

In: Accounting

The Dubious Company operates in an industry where all sales are made on account. The company...

The Dubious Company operates in an industry where all sales are made on account. The company has experienced bad debt losses of 1.40% of credit sales in prior periods. Presented below is the company's forecast of sales and expenses over the next three years.

Year 1 Year 2 Year 3
Sales Revenue $ 373,000 $ 379,000 $ 378,000
Bad Debt Expense Unknown Unknown Unknown
Other Expenses 337,000 337,000 337,750
Net Income Unknown Unknown Unknown

Required:

  1. Calculate Bad Debt Expense and net income for each of the three years, assuming uncollectible accounts are estimated as 1.40% of sales.
  2. Assume that the company changes its estimate of uncollectible credit sales to 1.40% in Year 1, 2.40% in Year 2 and 1.90% in Year 3. Calculate the Bad Debt Expense and net income for each of the three years under this alternative scenario.

In: Accounting

Bill Evans began Evans Distributors, a sporting goods distribution company, in January 20X1 and engaged in...

Bill Evans began Evans Distributors, a sporting goods distribution company, in January 20X1 and engaged in the transactions below. Assume Evans Distributors and its customers take advantage of all cash discounts.

DATE TRANSACTIONS
20X1
Jan. 1 Bill Evans started Evans Distributors with an investment of $56,050. He also invested personal business equipment worth $7,920.
2 Purchased merchandise for cash, $11,850, Check 100.
3 Sold merchandise on account to Rivera Corporation, $1,010, terms 2/10, n/30, Invoice 1001.
4 Purchased merchandise on account from Tsang Company, $2,420, terms 1/10, n/30, Invoice 1125.
5 Received and paid freight charges related to January 4 purchase of merchandise from Tsang Company, $220, Check 101.
10 Rivera Corporation returned merchandise purchased on January 3; issued credit memo #101 for $220.
11 Received payment in full from Rivera Corporation, after the return of January 10 and after the discount.
13 Paid amount due to Tsang Company for purchase of January 4, Check 102.
15 Recorded cash sales for the two-week period ended January 15 of $7,620.
15 Recorded sales on credit cards for the two-week period ended January 15, $1,315; the bank charges a 3 percent fee on all credit card sales.
15 Paid wages, $2,025, Check 103.
16 Purchased equipment (not for resale), $1,915, Check 104.
17 Paid freight for delivery of equipment purchased on January 16, $230, Check 105.
18 Purchased merchandise on account from Terri Manufacturing with a list price of $6,300, subject to a trade discount of 40 percent, terms 1/10, n/30, Invoice 2078.
20 Sold merchandise on account to Moloney Corp., $3,380, terms 1/10, n/30, Invoice 1002.
21 Purchased merchandise on account from Johnson Company, $2,480, terms 1/10, n/30, Invoice 3204; freight prepaid by Johnson Company and added to invoice, $150. (Total invoice amount, $2,630.00.)
27 Paid amount owed to Terri Manufacturing for purchase of January 18, Check 106.
28 Purchased merchandise from Fronke Sports Fabricators with a list price of $3,280, subject to trade discounts of 25 percent and 10 percent, terms n/30, Invoice 1888.
29 Received amount due from Moloney Corp. for the sale of January 20.
30 Paid amount due to Johnson Company for purchase of January 21, Check 107.
31 Recorded cash sales for the period from January 16–31, $8,225.
31 Recorded sales on the credit cards for the period from January 16–31, $2,520; the bank charges a 3 percent fee on all credit card sales.


Required:
Record the transactions in a general journal. (Round your answers to 2 decimal places.)

In: Accounting