HB ltd has been experiencing dwindling sales in its business operations due to competitions from other agents dealing in communication equipment. On 1 January 2006, HB Ltd decided to diversify its operations to the information technology (IT) industry by acquiring SL Ltd, a company dealing in the manufacture of IT equipment and software design.

The summarized financial statements of HB Ltd and SL Ltd were as follows:

Income statement for the year ended 30September 2006

Statement of financial position as at 30 September 2006

                                                       10,000        3,600

Total equity and liabilities            45,600        16,000

Additional information:

1. HB ltd acquired 80% of ordinary share capital of SL ltd for sh. 10,280,000 and also acquired half of the 10% debentures in the company.
2. The fair value of the assets of SL Ltd at the date of acquisition were the same as their book values except for plant whose fair value were more by sh. 3.2 million. As at 1 January 2006, the plant had a remaining useful life of four years. SL Ltd depreciates plant on straight line basis on cost.
3. During the post-acquisition period, HB Ltd sold goods to SL Ltd for sh 12 million. These goods had a cost HB Ltd sh 9 million. Subsequently, SL Ltd sold some of the goods purchased from HB at sh 10 million for 15 million.
4. On 30 June 2006, HB Ltd and SL Ltd paid dividends of sh 1000,000 and 500,000 respectively.
5. Included in the account receivables and payables is sh 750,000 being the amount SL Ltd owed HB Ltd.
6. Goodwill is considered to be impaired by 25% as at September 2006. Goodwill impairment is classified as an administrative expense by the group company.

Required

1. Group Income statement for the year ended 30 September 2006.
2. Group Statement of financial position as at 30 September 2006.

To test whether the mean time needed to mix a batch of material is the same for machines produced by three manufacturers, a chemical company obtained the following data on the time (in minutes) needed to mix the material.

a) Use these data to test whether the population mean times for mixing a batch of material differ for the three manufacturers. Use α = 0.05.

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

b) At the α = 0.05 level of significance, use Fisher's LSD procedure to test for the equality of the means for manufacturers 1 and 3.

Find the value of LSD. (Round your answer to two decimal places.)

LSD =

Find the pairwise absolute difference between sample means for manufacturers 1 and 3.

x₁ − x₃ =

Prepare Business Model Canvas for your business(Business Plan: Start of an “E-Commerce” for the Central Asia). This must be a maximum 2 pages submission – YOUR BMC should answer the following 1.KEY PARTNERS(list your partners if the project is to implemented in Central Asia ) 2. Key Activities (describe your key activities) 3. Value Proposition ( insert your value proposition ) 4.CUSTOMER RELATIONSHIPS (describe how you plan to establish and manage the relationship between the customer and your brand ) 5.CUSTOMER SEGMENTS (describe your target customer segment ) 6.KEY RESOURCES(list the key resources available to you ) 7.CHANNELS (describe 1) how you plan to acquire customers, 2) how you plan to deliver your value proposition to them and 3) how you plan to communicate with your customers ) 8.COST STRUCTURE(Describe your cost structure ) 9. Revenue streams(describe your revenue streams)

The price of a non-dividend-paying stock is $74. A three-month American call option on the stock with a strike price of $70 is selling for $9. What is the intrinsic value (IV) of this call option?

Can someone please answer this question? thank you

You think that, in addition to cannabis use, road conditions may also affect driving abilities and contribute to an increased risk of road accidents. You suggest that further testing be made using 5 different road-condition scenarios in the virtual driving simulator. Your proposal is accepted and a new group of 60 individuals are solicited to participate in the study and are randomly assigned to one of the various treatment groups.

1. [6 marks] Test the following hypothesis at the 1% significance level; make sure you follow all the steps for hypothesis testing indicated in the Instructions section and show your computations.
   1. Significant interaction effect between cannabis intake and road conditions;
   2. Significant main effect of the cannabis intake factor (if warranted);
   3. Significant main effect of the road conditions factor (if warranted).

Production is a process of combining various material inputs and immaterial inputs in order to make something for consumption. It is the act of creating an output, a good or service which has value and contributes to the utility of individuals. In the short run some of the inputs will be fixed others will be variable. Analyze the relationship between marginal revenue and total revenue in the short run and bring out the three stages of production using the diagrams.

Jiffy Corporation has its seen its earning increase steadily each quarter from 2004 (its founding) through 2008. Because of the recession, Jiffy has struggled to provide investors with the same level of growth. Jiffy’s CEO, COO and CFO whose wealth is significantly leveraged by Jiffy’s equity-based compensation, are trying to focus on how to keep the company on a growth climb despite the hard time. Interestingly, each quarter, Jiffy has been able to meet or beat the investor’s forecasts. Jiffy’s typical business model is to ship its products to customers on account with payments due within 30 days after delivery. Jiffy’s products are manufactured in two plants, one in Columbus, Ohio and the other in Houston, Texas. Jiffy’s inventory is stored in 20 different warehouses located in 15 states. Many of Jiffy’s smaller customers are start-up companies. Surprisingly, Jiffy has a relatively rate of uncollectible accounts relative to others in its industry. Anderson & Cooper is Jiffy’s external auditor. You are the engagement partner assigned to Jiffy’s audit. Please respond the following question: 1. What are some of the red flags for possible management fraud based on the client’s profile?

2. Identify three types of management (financial statement) fraud that might be attempted in
this situation. What red flags will you look for to identify the frauds, and how will the
frauds be attempted?

BandHub Pte Ltd is a company incorporated in Singapore and adopts the Singapore Financial Reporting Standards (SFRSs). It provides voice and data services as well as sells handphones. On 1 January 20X1, BandHub enters into sales contracts with two different customers: Customer X and Customer Y. Both customers choose the same handphone and the same monthly service plan. The standalone selling price for the handphone is $480 (cost of the handphone is $350) and the standalone selling price of the service plan is $60 per month. Customer X purchases the handphone for $480 and enters into a cancellable contract to receive the voice and data services for $60 per month. Customer Y enters into a 24-month service contract for $60 per month and pays $200 for the handphone.

(a) Determine the allocation of the transaction prices for both customers and the revenue to be recognised for the month of January and February. Explain your answers using FRS 115 - Revenue from Contracts with Customers.

(b) To activate the voice and data services, Bandhub Pte Ltd charges the customers an upfront, non-refundable fee of $12. How should this activation fee be treated under FRS 115 - Revenue from Contracts with Customers.

Customers arrive at a department store according to a Poisson process with an average of 12 per hour.

a. What is the probability that 3 customers arrive between 12:00pm and 12:15pm?

b. What is the probability that 3 customers arrive between 12:00pm and 12:15pm and 6 customers arrive between 12:30pm and 1:00pm?

c. What is the probability that 3 customers arrive between 12:00pm and 12:15pm or 6 customers arrive between 12:30pm and 1:00pm?

d. What is the probability that a total of 10 customers arrive between 12:00pm and 12:15pm and 12:45pm and 1:00pm? That is, the total count is 10 for both of these time intervals combined.

(1 point) The table below lists the weights of some colleage students in September and later in February of their freshman year. September weight 62 54 71 65 53 58 74 49 66 56 69 74 61 56 71 51 70 52 70 78 59 60 73 60 February weight 67 53 67 71 56 56 77 54 67 55 64 70 56 59 74 56 69 53 65 72 59 57 77 54 At the 0.05 significance level, test the claim of no difference between September weights and February weights. The test statistic is

The critical value is