The daily changes in the closing price of stock follow a random walk. That is, these daily events are independent of each other and move upward or downward in a random matter and can be approximated by a normal distribution. Let's test this theory. Use either a newspaper, or the Internet to select one company traded on the NYSE. Record the daily closing stock price of your company for the six past consecutive weeks (so that you have 30 values). Decide whether the your 2 data sets are normally distributed by creating a histogram or a boxplot. Please attach your histogram or boxplot as a Word document in your post. Please do NOT answer the discussion in your attachment; answer on the discussion board. Discuss your results. What can you say about the stock with respect to daily closing prices and daily changes in closing prices. Which, if any, of the data sets are approximately normally distributed? NYSE - GE Date Closing Stock Price 1/2/19 8.05 1/3/19 8.06 1/4/19 8.23 1/7/19 8.74 1/8/19 8.56 1/9/19 8.5 1/10/19 8.94 1/11/19 8.94 1/14/19 8.9 1/15/19 8.73 1/16/19 8.98 1/17/19 9.14 1/18/19 9.06 1/22/19 8.66 1/23/19 8.73 1/24/19 8.78 1/25/19 9.16 1/28/19 8.93 1/29/19 8.9 1/30/19 9.1 1/31/19 10.16 2/1/19 10.19 2/2/19 10.21 2/3/19 10.63 2/4/19 10.47 2/5/19 10.06 2/6/19 9.81 2/7/19 10.03 2/8/19 9.81 2/12/19 10.31 Sample Size 30 Mean Median Standard Deviation Minimum Maximum

Are all cereals created equal?

In the data that you have collected, assume that the data is normally distributed for all cereals.

2. Perform a hypothesis test for the difference of the two means for each of the following questions at alpha = .05. List the Ho, Ha, give the observed value of the test statistic, p-value, and write a word conclusion.

a) Is there a difference in the calorie count for the two types of cereals?

b) Do the rice cereals have less fat grams per serving than the oat cereals?

c) Do the rice cereals have more sodium (mg) per serving than the oat cereals?

3. Based on your research, which type of cereal would you prefer? Why?

Internal Control Case Study

Harper Theater is located in Midtown Mall. The cashier’s booth is near the entrance to the theater. Two cashiers are employed. Once works from 1-5 pm, the other from 5-9 pm.   Each cashier is bonded. The cashiers receive cash from customers and operate a machine that ejects serially numbered tickets. The rolls of tickets are inserted and locked into the machine by the theater manager at the beginning of each cashier’s shift.

After purchasing a ticket, the customer takes the ticket to an usher stationed at the entrance to the theater lobby some 60 feet from the cashier’s booth. The usher tears the ticket in half, admits the customer, and returns the ticket stub to the customer. The other half of the ticket is dropped into a locked box by the usher.

At the end of each cashier’s shift, the theater manager removes the ticket roll from the machine and makes a cash count. The cash count sheet is initialed by the cashier. At the end of the day, the manager deposits the receipts in total in a bank night deposit vault located in the mall. The manager also sends copies of the deposit slip and the initialed cash count sheets to the theater company treasurer for verification and to the company’s accounting department. Receipts from the first shift are stored in a safe located in the manager’s office.

Required: using Microsoft Word, answer the following questions and attach the document to this assignment:

1. Identify the internal control procedures and their application to the cash receipts transactions of the Harper Theater. You will find the Internal Control Procedures (Proper documentation, Adequate insurance, Separation of assets from custody, Separation of duties, and Use of technology). For each Internal Control Procedure, identify any Internal Control Procedures that Harper Theater has in place and/or is missing. Be specific and use at least 300 words for your answer.
2. If the usher and cashier decide to collaborate to misappropriate cash, what actions might they take? For each action, what internal control might be employed to stop the misappropriation of cash? Be specific and use at least 200 words for your answer.

DO NOT COPY PREVIOUS ANSWERS THEY ARE INCORRECT

Imagine the following goal of Lenin/Stalin at the beginning of the Soviet regime in Russia: to overtake (i.e. equal) and surpass the world’s industrialized economies in terms of GDP per capita. To achieve this goal, the main instrument of control is the fraction of national production that is devoted to building the nation’s productive capacity: new machines, factories, transportation equipment, and roads. That is, the main instrument to achieve this goal is what fraction of GDP to devote to investment. The rest of national production is used for consumption, i.e. to produce consumer items like clothing and food. The country begins with relatively little capital, being mostly rural and non-industrialized. Assume each of the following:  GDP per capita starts in USSR at $300/year.  The world’s industrialized economies start with GDP per capita of $5000/year.  Population growth rates are 2% everywhere in the world.  All capital depreciates at 8% per year. For parts c.-e., assume the basic growth framework of Harrod-Domar, and that 1 ruble’s worth of capital always produces 0.5 ruble’s worth of output (i.e. A=0.5). Also, assume inputs are used more efficiently in the industrialized countries, so that A=0.6 there. c. What fraction of national output must the USSR devote to building new capital goods in order to attain the growth rate of part a.? What fraction would be left for consumer items? [Hint: another word for the fraction of output devoted to building new capital goods is the investment rate, i.e. the ratio It/Yt. And, remember that savings equals investment, so the investment rate equals the savings rate.] d. At what rate are the industrialized countries saving if they are growing at 2% per year? e. What would you calculate the ratio of consumption per capita in the USSR to consumption per capita in the industrialized countries when the USSR overtakes the industrialized countries (i.e. when GDP per capita is equal)? Assume the savings rates of parts c. & d. What would the ratio be when the USSR reaches double the industrialized nations’ GDP per capita?

I need an answer for part e.

Here is some additional information on this, I can also provide what I have already, what is in bold is what needs to be taken care of. Gentry Inc. is a mid-sized tech firm (200 employees and $300 million in revenue) and has been privately held since the firm’s inception ten years ago. The organization’s board of directors is keen on expanding the operations globally to take advantage of a growing market. Based on reports from the research and development team, the organization can increase its profitability metrics by 15 to 25% if it expands the operations to China, Japan, and Germany. Becoming a multinational organization will not be easy. To finance this expansion, the board of directors has decided to take the organization public and issue some bonds to raise an additional $50 million. The research team has already determined that the organization meets the financial requirements outlined by the Securities Exchange Commission. The goal is to maximize the Initial Public Offering (IPO), and the leadership must efficiently manage the capital, measure the risk of the investments, and ensure the financial metrics are robust relative to similarly sized organizations.

1) Please help determine what the optimal capital structure should be for Gentry. Please determine how much equity (common stock) the company will offer in the IPO and how much debt the company should assume in their global expansion to meet the goal of $50 million.

If you could make recommendations in word document please! I had someone try to do this in an excel sheet and it was awful.

Also, if you could show how you were able to determine what capital structure will work best with the initial assessment. Describe the structure using the ratios

Please include the dollar amount of equity (common stock) the company should issue in the IPO and how much debt the company should use for this expansion to reach the $50 million goal. Explain your rationale. Note: there is no single answer to the question of the firm’s optimal capital structure. Your assessment is weighted more heavily toward your logical explanation rather than having the correct values for debt and equity.

Question 2        

Ann, Bea and Cal have been in partnership for many years preparing

accounts to 30 September each year. The partnership agreement is that Bea

receives £15,000 per annum salary and the balance of profits is shared

equally between the three partners. During the year ended 30 September

2019 the partnership made trading profits of £180,000.

Ann wants to claim rollover relief in respect of the office that she owns but the

partners trade from.

Calculate the trading profits assessable on each partner and state the tax year of assessment in respect of 30 September 2019, explaining how and when the tax is payable.

State the conditions that must apply to allow Ann to make a claim for rollover

relief. (maximum word count 200 words)

Capital Gains Tax

National Insurance (not contracted-out rates)

Complete the 3 programming problems in this assignment by using Microsoft Visual Studio Suite. Compile your solutions for each problem solved in a Word or Google document which includes (a) the pseudocode, (b) the C# codes and (c) the execution result (screen capture just the answer part using Snipping Tool, avoiding non-related or blank spaces). Notice for readability, that the (a) & (b) are in text mode and the (c) is in image mode. Use proper titles and wording in the results, such as Console.WriteLine("The total change to be made is {0:C}.", change); so that the results could be easily understood by a third party reader. For all 3 questions, assign the provided initial values to the variables or constants in the source code as input.

You may need to save the snipped image as a JPG file and then insert the file into the document, especially when you use a Google doc. Create just one document for all 3 solutions in this assignment. You may create the document directly from a cloud service or from you PC first and then upload it to a cloud. The possible cloud service could be Google Drive, Microsoft OneDrive, Dropbox, etc. To submit the document, click the "Write Submission" button under this assignment. Then use the opened editor box to submit the web address of your document on the cloud or, if you are not yet able to use a cloud service, submit the document as an attached file.


Q2. Write a C# program that the number of twenty, ten, five, dollar, quarter, dime, nickel, and penny that a customer should get back as change. The goal is to use the least numbers of bills and coins. Run your program once by initializing the change as $77.92. Then change the source code to initialize the change as $23.27. Record both C# codes and results as images in the submission document. (Hint: It's easier to convert $77.92 to 7792 pennies and use the penny as the basic unit to for all conversions. Alternatively, you may use the dollar for the whole dollar part and the penny for less than one dollar part as the basic units.)   

Morrow Enterprises Inc. manufactures bathroom fixtures. The stockholders’ equity accounts of Morrow Enterprises Inc., with balances on January 1, 20Y5, are as follows:

Common stock, $20 stated value (500,000 shares authorized, 383,000 shares issued)$7,660,000

Paid-In Capital in Excess of Stated Value—Common Stock957,500

Retained Earnings35,012,000

Treasury Stock (25,700 shares, at a cost of $18 per share)462,600

The following selected transactions occurred during the year:

Jan.22Paid cash dividends of $0.06 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $21,438.

Apr.10Issued 77,000 shares of common stock for $23 per share.

Jun.6Sold all of the treasury stock for $27 per share.

Jul.5Declared a 3% stock dividend on common stock, to be capitalized at the market price of the stock, which is $26 per share.

Aug.15Issued the certificates for the dividend declared on July 5.

Nov.23Purchased 33,000 shares of treasury stock for $20 per share.

Dec.28Declared a $0.08-per-share dividend on common stock.

31Closed the two dividends accounts to Retained Earnings.

A. Enter the January 1 balances in T accounts for the stockholders’ equity accounts listed.

B. Journalize the entries to record the transactions, and post to the eight selected accounts. No post ref is required in the journal. Refer to the Chart of Accounts for exact wording of account titles.

C. Prepare a retained earnings statement for the year ended December 31, 20Y5. Assume that Morrow Enterprises had net income for the year ended December 31, 20Y5, of $1,162,500. For those boxes in which you must enter subtractive or negative numbers use a minus sign. The word “Less” is not required.

*D. Prepare the Stockholders’ Equity section of the December 31, 20Y5, balance sheet. For those boxes in which you must enter subtractive or negative numbers use a minus sign.*