Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Coco Inc. describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written, formatted per CSU-Global Guide to Writing and APA and have proper citations, if applicable. Assume that the following facts pertain to a non-cancelable lease agreement between Coco Inc. and Bubs, Corp, a Lessee.
Inception date January 1, 2017
Residual value of equipment at end of lease term, unguaranteed $50,000
Lease term 6 years
Economic life of leased equipment 8 years
Fair value of asset at January 1, 2017 $400,000
Lessorâs implicit rate 12%
Lesseeâs incremental borrowing rate 10%
The lessee assumes responsibility for all executory costs, which are expected to amount to $2,000 per year. The asset will revert to the lessor at the end of the lease term. The lessee uses the straight-line depreciation method for all equipment.
Using the spreadsheet, Lease Amort Schedule found in the link below, prepare an amortization schedule that would be suitable for the lessee for the lease term.
Using the spreadsheet Journal Entries, prepare the journal entries for the lessee for 2017 and 2018 to record the lease agreement and all expenses related to the lease. Assume the Lesseeâs annual accounting period ends on December 31 and that reversing entries are used when appropriate.
Calculations MUST be shown.
The template for answering is below:
| Date | Lease Payment | Interest Expense | Reduction of Lease Liability | Balance of Lease Liability | ||||
| January 1 2017 | $400,000 | |||||||
| January 1 2018 | ||||||||
| January 1 2019 | ||||||||
| January 1 2020 | ||||||||
| January 1 2021 | ||||||||
| January 1 2022 | ||||||||
| January 1 2023 | ||||||||
|
December 31 2023 |
| Prepare the journal entries to record the following. | ||||||
| Date | Account Title | Amount | Amount | |||
| Account Title | ||||||
| Provide a one line explanation for the reason why the journal entry has been made. | ||||||
| Date | Account Title | Amount | Amount | |||
| Account Title | ||||||
| Provide a one line explanation for the reason why the journal entry has been made. | ||||||
| Date | Account Title | Amount | Amount | |||
| Account Title | ||||||
| Provide a one line explanation for the reason why the journal entry has been made. | ||||||
| Date | Account Title | Amount | Amount | |||
| Account Title | ||||||
| Provide a one line explanation for the reason why the journal entry has been made. | ||||||
| Date | Account Title | Amount | Amount | |||
| Account Title | ||||||
| Provide a one line explanation for the reason why the journal entry has been made. | ||||||
In: Accounting
Read each question carefully. Write your response in the space provided for each part of each question. Answers must be written out in paragraph form. Outlines, bulleted lists, or diagrams alone are not acceptable and will not be scored.
The sex of an organism is typically determined genetically, but environmental factors can also play a role. Scientists examined the roles of genes and environmental temperature in the sex determination of a lizard species. Individuals with a ZW pair of chromosomes are always female (ZWf), while individuals with a ZZ pair of chromosomes can be either male (ZZm) or female (ZZf). Scientists mated ZWf or ZZf females with ZZm males and incubated the eggs produced in 20 clutches at temperatures ranging from 23°C to 36°C. When the young hatched, the scientists determined their sexes (Table 1). Among the eggs that did not hatch, the mortality of embryonic lizards was approximately the same for both males and females.
Table 1. Fraction of female progeny produced as a function of egg incubation temperature
| Egg Incubation Temperature (°C) | ZZmĂZWf Crosses: Fraction of Female Progeny ±2SEXÂŻÂŻÂŻ | ZZmĂZZf Crosses: Fraction of Female Progeny ±2SEXÂŻÂŻÂŻ |
|---|---|---|
| 23 | 0.5±.08 | 0 |
| 24 | 0.5±.02 | 0 |
| 26 | 0.5±.07 | 0 |
| 28 | 0.5±.03 | 0 |
| 30 | 0.5±.01 | 0.03±.01 |
| 32 | 0.5±.03 | 0.2±.02 |
| 33 | 0.58±.03 | 0.52±.05 |
| 34 | 0.74±.04 | 0.88±.04 |
| 35 | 0.93±.03 | 0.97±0.2 |
| 36 | 1.0±0.0 | 1.0±0.0 |
(a) If a particular gene is located on the Z chromosome of this lizard species, describe why a lizard with a ZWgenotype has a greater probability of expressing the recessive phenotype for the trait than a lizard with the ZZgenotype does.
BoldItalicUnderlineBullet listNumbered list
0 / 10000 Word Limit
Question 2
(b) Using the template, construct an appropriately labeled graph, including error bars, to represent the data in Table 1. Based on the data, compare the ZZmĂZWf crosses and the ZZmĂZZf crosses to determine whether there is a significant difference between the two crosses in the fraction of female progeny produced at 24°C, 32°C, and 36°C.
Question 3
(c) For each cross, describe whether genetics or temperature determines the sex of progeny produced from eggs incubated at 35°C. For each cross, describe whether genetics or temperature determines the sex of progeny produced from eggs incubated at 24°C.
Question 4
(d) Predict the effect of increasing global temperatures on the continued presence of the W chromosome in this species of lizard. Scientists claim that, in this species, the W chromosome is unimportant in sex determination. Instead, proteins that are encoded by a gene or genes on the Z chromosome, and that are maximally expressed only at certain temperatures, are responsible for determining whether embryos will develop as females or males. Use the data to support this claim.
In: Biology
Vision Resort is a five-star resort and spa founded in 2012. Vision believes in offering authentic services to every customer by fulfilling and catering the needs of their guests efficiently. Facilities and services include spacious rooms, banquet halls, gardens, restaurants, a wide range of food with delicious cuisines. All its employees are well trained and provide high customer satisfaction.
Vision resort focuses on premium pricing strategy for its products as they cater to high profile business class and upper class of the society. The value provided through the luxurious experience to the customers during their stay in the resort and the first class royal service explains the high prices of the resort packages. However, in light of the current economic condition in the world due to the Coronavirus, the resort is currently trying to provide a combination of high quality and service while also providing fair prices.
Also, Vision resort is the owner and operator of the franchise system. They are present in 20 countries prominent ones being in Bahrain, Oman, Kuwait, and Dubai Chicago, Hong Kong, Manila, Mumbai, San Francisco, and Tokyo. It is noteworthy that the prices of the resort packages differ based on the geographic location. Also, prices fluctuate during different times of the year, as they tend to increase during the weekends and Eid holidays and decrease during the low seasons.
Regarding the promotion strategy, vision resort has built and maintained positive awareness, and brand value by word of mouth. This has been achieved by gaining high customer satisfaction and providing excellent customer relationship management. They reward loyalty to regular clients by their signature membership cards known as Vision Gold Passport accepted globally which fetches them extra discounts and additional perks. Due to the social distancing, vision resort adopted advertising via TV broadcasting. Moreover, digital marketing tools such as instagram sponsorship allowed reaching target customers through a click of a button.
Recently, a new global disease has spread rapidly among people and the resort decided to open its doors to the passengers arriving into the country by air and border crossings and were taken to stay for free in a 14-day coronavirus quarantine. This initiative shows the social responsibility that the resort holds towards the community.
Answer the following questions:
1. What is the major pricing strategy vision resort follows and why?
2. What is the price elasticity of demand for rooms in the resort and why?
3. What is the price adjustment strategy followed by the resort management?
4. Give examples of the promotion mix?
5. The hotel resort management is planning to open a new shop in the resort, a brain storming session was held with the hotel employees where they suggested the following ideas: A coffee shop, diving equipment shop, gifts shop. Explain the process (steps) undertaken by the resort management to introduce a new product.
In: Economics
oxy Investigative Services is an investigative services firm that is owned and operated by Shirley Vickers. On November 30, 20Y8, the end of the fiscal year, the accountant for Foxy Investigative Services prepared an end-of-period spreadsheet, a part of which follows:
| Foxy Investigative Services | |||
| End-of-Period Spreadsheet | |||
| For the Year Ended November 30, 20Y8 | |||
| ~ | Adjusted Trial Balance | ||
| Account Title | ~ | Dr. | Cr. |
| ~ | |||
| Cash | ~ | 28,000 | |
| Accounts Receivable | ~ | 70,000 | |
| Supplies | ~ | 4,600 | |
| Prepaid Insurance | ~ | 2,500 | |
| Building | ~ | 434,000 | |
| Accumulated Depreciation-Building | ~ | 41,400 | |
| Accounts Payable | ~ | 11,600 | |
| Salaries Payable | ~ | 3,000 | |
| Unearned Rent | ~ | 1,800 | |
| Common Stock | ~ | 80,000 | |
| Retained Earnings | ~ | 294,400 | |
| Dividends | ~ | 11,900 | |
| Service Fees | ~ | 716,650 | |
| Rent Revenue | ~ | 11,900 | |
| Salaries Expense | ~ | 523,900 | |
| Rent Expense | ~ | 47,600 | |
| Supplies Expense | ~ | 10,800 | |
| Depreciation Expense-Building | ~ | 9,000 | |
| Utilities Expense | ~ | 7,250 | |
| Repairs Expense | ~ | 2,800 | |
| Insurance Expense | ~ | 2,800 | |
| Miscellaneous Expense | ~ | 5,600 | |
| ~ | 1,160,750 | 1,160,750 | |
| Required: | |||||||
| 1. |
|
||||||
| 2. | Based upon the end-of-period spreadsheet, journalize the closing entries. Refer to the Chart of Accounts for exact wording of account titles. | ||||||
| 3. | If Retained Earnings had instead decreased $31,000 after the closing entries were posted, and the dividends remained the same, what would have been the amount of net income or net loss? If required, use a minus sign to indicate a net loss. |
In: Accounting
Beacon Signals Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Beacon Signals Company prepared the following end-ofperiod spreadsheet at December 31, 2019, fiscal year:
| Beacon Signals Company | ||||||
| End-of-Period Spreadsheet | ||||||
| For the Year Ended December 31, 2019 | ||||||
| Unadjusted Trial Balance | Adjustments | Adjusted Trial Balance | ||||
| Account Title | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. |
| Cash | 13,000.00 | 13,000.00 | ||||
| Accounts Receivable | 40,500.00 | (a) 12,500.00 | 53,000.00 | |||
| Prepaid Insurance | 4,200.00 | (b) 3,000.00 | 1,200.00 | |||
| Supplies | 3,000.00 | (c) 2,250.00 | 750.00 | |||
| Land | 98,000.00 | 98,000.00 | ||||
| Building | 500,000.00 | 500,000.00 | ||||
| Accumulated Depreciation-Building | 255,300.00 | (d) 9,000.00 | 264,300.00 | |||
| Equipment | 121,900.00 | 121,900.00 | ||||
| Accumulated Depreciation-Equipment | 100,100.00 | (e) 4,500.00 | 104,600.00 | |||
| Accounts Payable | 15,700.00 | 15,700.00 | ||||
| Salaries and Wages Payable | (f) 4,900.00 | 4,900.00 | ||||
| Unearned Rent | 2,100.00 | (g) 1,300.00 | 800.00 | |||
| Sarah Colin, Capital | 238,100.00 | 238,100.00 | ||||
| Sarah Colin, Drawing | 10,000.00 | 10,000.00 | ||||
| Fees Earned | 388,700.00 | (a) 12,500.00 | 401,200.00 | |||
| Rent Revenue | (g) 1,300.00 | 1,300.00 | ||||
| Salaries and Wages Expense | 163,100.00 | (f) 4,900.00 | 168,000.00 | |||
| Advertising Expense | 21,700.00 | 21,700.00 | ||||
| Utilities Expense | 11,400.00 | 11,400.00 | ||||
| Depreciation Expense-Building | (d) 9,000.00 | 9,000.00 | ||||
| Repairs Expense | 8,850.00 | 8,850.00 | ||||
| Depreciation Expense-Equipment | (e) 4,500.00 | 4,500.00 | ||||
| Insurance Expense | (b) 3,000.00 | 3,000.00 | ||||
| Supplies Expense | (c) 2,250.00 | 2,250.00 | ||||
| Miscellaneous Expense | 4,350.00 | 4,350.00 | ||||
| 1,000,000.00 | 1,000,000.00 | 37,450.00 | 37,450.00 | 1,030,900.00 | 1,030,900.00 | |
Required:
| 1. | Prepare an income statement for the year ended December 31. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons (:) on the income statement. |
| 2. | Prepare a statement of ownerâs equity for the year ended December 31. No additional investments were made during the year. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items. |
| 3. | Prepare a balance sheet as of December 31. Fixed assets must be entered in order according to account number. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons (:) or the word "Less" on the balance sheet; they will automatically insert where necessary. |
| 4. | Based upon the end-of-period spreadsheet, journalize the closing entries. Explanations should be omitted. If you are unsure of account titles, see the chart of accounts. |
| 5. | Prepare a post-closing trial balance. |
In: Accounting
home / study / business / economics / economics questions and answers / 1. in the following dataset you are given 48 observations on quantity demanded of soda, price ...
Question: 1. In the following dataset you are given 48 observations on Quantity Demanded of Soda, Price of ...
1. In the following dataset you are given 48 observations on Quantity Demanded of Soda, Price of a six pack (in $) and temperature (degrees). Each row of data corresponds to a different market.
a. Perform a regression of Quantity Demanded on Price and Temperature. Recall, the instructions to do regression using Excel are in a word doc under the chapter 4 module.
Attach the regression output to your take home. Write down the equation for the sample regression equation using the coefficients from your regression output. Interpret the numerical coefficients of each of the X variables (discuss not just the sign but also the size of the coefficient).
b. Perform t tests of statistical significance for each of the X variables and interpret those t-tests in terms of the actual variables in the model) â do not just state statistically significant, or insignificant.
c. Assuming the average price and average temperature (they are listed in the last row of the dataset) calculate the own price elasticity of demand, Ep and the temperature elasticity of demand, Etemp.
d. Suppose this firm was to set the same price for its six packs of soda in each of its markets. What would be the revenue maximizing price? How many units of the good would the firm sell at the revenue maximizing price? What would the own price elasticity of demand be at this price?
e. Suppose that the average temperature is expected to increase by 5% this year. What would be the forecasted percentage change in demand?
| #cans | price | temp |
| 200 | 2.19 | 66 |
| 150 | 1.99 | 62 |
| 237 | 1.93 | 63 |
| 135 | 2.59 | 56 |
| 121 | 2.29 | 52 |
| 118 | 2.49 | 50 |
| 217 | 1.99 | 52 |
| 242 | 2.29 | 72 |
| 295 | 1.89 | 64 |
| 85 | 2.39 | 46 |
| 114 | 2.35 | 52 |
| 184 | 2.19 | 52 |
| 104 | 2.21 | 50 |
| 143 | 2.17 | 56 |
| 230 | 2.05 | 56 |
| 269 | 1.97 | 69 |
| 111 | 2.19 | 41 |
| 217 | 2.11 | 54 |
| 114 | 2.29 | 47 |
| 108 | 2.25 | 47 |
| 108 | 2.31 | 41 |
| 248 | 1.98 | 65 |
| 203 | 1.94 | 57 |
| 77 | 2.31 | 44 |
| 97 | 2.28 | 49 |
| 166 | 2.19 | 48 |
| 177 | 2.27 | 35 |
| 143 | 2.31 | 54 |
| 157 | 2.17 | 56 |
| 111 | 2.43 | 48 |
| 330 | 1.89 | 59 |
| 63 | 2.33 | 39 |
| 165 | 2.21 | 51 |
| 184 | 2.19 | 82 |
| 68 | 2.25 | 51 |
| 121 | 2.31 | 50 |
| 138 | 2.23 | 50 |
| 237 | 1.93 | 65 |
| 95 | 2.34 | 45 |
| 236 | 2.19 | 60 |
| 222 | 2.08 | 69 |
| 100 | 2.37 | 50 |
| 64 | 2.36 | 44 |
| 270 | 2.04 | 58 |
| 77 | 2.19 | 49 |
| 144 | 2.11 | 55 |
| 97 | 2.38 | 46 |
| 102 | 2.31 | 46 |
| 2.2025 | 53.60417 |
In: Economics
Janet, after years of working as a hairdresser and as a makeup artist, decided to go into business for herself. Over time the business has grown into a spa and beauty retreat and she now employs a few staff. With her growing operation she has identified the need to implement a computerized accounting information system. In order to have a system that meets her needs exactly and also to save cost, she has asked you to create a simple, customized solution for her business. Her immediate need is for a customer sales information system, so that is what you will now create. With customer service being so important to Janet, her customers tend to become regulars and she wants to maintain a record of each customerâs contact information and preferences so that the spa will know what is important to the customer without having to be told each visit. The customer information that Janet considers important to maintain is the full name, cellphone number, favourite treatment, and special considerations (e.g. some customers have allergies or require fragrance-free products). For employees, Janet just needs to record the names and cell phone numbers in the database. The spa also has a standard list of services which each have a standard name, description and price. Janet also wants a database record of each customer visit both for customer billing at the time of service, as well as for future analysis. Janet wants to refer to these sales transactions as âVisitsâ in the database in order to reflect the spaâs focus on customersâ experiences. For each of these customer visits it is important to record a unique visit identifier, the date, the customer, the main staff member who served the customer, and the service or services experienced (sold). ACCT 3015 Assignment 1 â This is an individual assignment Page 2 of 3 Your Assignment Note: You might find this and other Unit 3 references to be useful while completing this assignment: https://www.datanamic.com/support/lt-dez005-introduction-dbmodeling.html Please submit
Questions 1-3 in either Microsoft Word or PDF format, and Question 4 in Microsoft Access. Submit your files to the Assignment 1 dropbox before the deadline. This is worth 15% of your course grade.
Question 1 (3 points):Based on your analysis of Janetâs requirements, list out the entities and relationships that should be present in the database, indicating the cardinality of each relationship.
Question 2 (3 points): Create the Logical E-R data model
Question 3 (5 points): Create the Physical E-R data model, showing how you went from the Logical to the Physical using best practices.
Question 4 (4 points): Create the resulting accounting information system in LibreOffice Base (which is free) or in Microsoft Access.
In: Accounting
In several paragraphs, please answer the following case study question to the best of your ability.
In answering these case study questions, students are reminded that they need to refer to ethical theories (Bentham, Mill, Kant, Rawls, and Aristotle) and inherent values (Life, Happiness, Equal Worth and Autonomy) to justify their answers. They may also refer to specific articles we have read and discussed in class.
You work at a small tech company that is creating an app that would allow people to share pictures, notes, videos and thoughts with their very close friends and family. The app is built around the concept of Facebook, but geared towards private, intimate sharing. The idea is to market the app as something like Facebook that allows you to maintain meaningful personal connections with close family and friends. Rather than having hundreds or even thousands of people privy to your information, this app would allow you to share with a handful of those people whom you are closest to.
Currently, the app is being given away for free on all the major app distributions sites (Google Play, the Istore, etc.) The app is advertised as personal and secret. And it is growing in popularity. People seem to love the idea of having a private way to communicate with a close-knit group securely and safely. You feel proud of the work you are doing allowing people to maintain strong personal connections across vast distances.
However, one of your very close friends has refused to download the app. At first you were stunned as to why they resisted doing so, and a bit hurt that they didnât want to have this close personal connection with you. Your friend explained that they had carefully read all the terms and conditions attached to the app, and noted that it was far from secret. The data people shared with their intimate friends using the app was being collected and sold to various advertising and market research companies. This is why the app was able to be given away for free. Your whole livelihood, in other words, has rested on the mining of data that people likely believe to be secret and private.
You dismiss your friend as too worried about this at first. After all, the data is stripped of any identifying features before it is sold. Itâs not as though a name and email address were attached. The data is mostly just following trends such as location, word usage, number of close personal friends, etc. But as time goes by, you find yourself worrying more and more about the way the app is marketed. Is it right to market the app as personal and secret? Especially given that everything that is posted might be sold to another company? On the other hand, the Terms and Conditions do state clearly that this is what happens to user data. So if someone chooses to download the app, isnât that their informed choice? But you know that most people donât read the Terms and Conditions closely.
What should you do?
please make it plagiarism free.it worth 10 marks
In: Operations Management
You have been asked to look at production options for the Android01, since production methods and allocation of costs have implications for cost per unit. Two alternative methods of production are being considered. Begin by gathering data (using financial information in decision making), then determine the suitability of the project.
The production of Android01 will share some production facilities and service divisions with Processor01. Fixed costs are $5 million per year, and will be assigned at the rate of 30 percent to Android01 and 70 percent to Processor01.
The variable cost of the production facilities and service divisions is $25 million per year. The square footage of factory space and labor needed for the production of 500 units of Processor01 and 300 units of Android01 are listed below.
|
Square Feet |
Labor |
|
|---|---|---|
|
Processor01 (500 units) |
70,000 |
120 |
|
Android01 (300 units) |
30,000 |
80 |
The remaining cost for the production of Android01 is for components, at $25,000 per unit.
Question 1: In Method B, what would be the cost per unit of producing Android01 using factory space as the allocation basis? What would be the cost per unit using labor as the allocation basis?
Before starting on your calculations, review materials on production cost allocation.
An alternate method of assigning costs is activity-based costing.The major activities for the production of both Processor01 and Android01 are fabricator setup and component assembly. There are 500 units of Processor01 and 300 units of Android01 produced every year. There will be a total of 25,000 setups per year for at a total cost of $10 million. Each unit of Android01 will require 40 setups. There will be a total of 125,000 assemblies per year at a total cost of $15 million. Each unit of Android01 will require 180 assemblies. The remaining cost for the production of Android01 is for components, at $25,000 per unit.
Question 2: What would be the cost per unit of producing Android01 using activity-based costing?
Note that in addition to the setup costs and assemblies costs there are two more costs to add: (1) fixed costs of $5 million, which are still distributed at a rate of 30 percent to Android01 and 70 percent to Processor01, and (2) the cost of Android01 components at $25,000 per unit.
Discuss the differences in the cost per unit of Android01 using space as an allocation basis, using labor as an allocation basis, and using activity-based costing. Which method do you think is the most accurate way to assign costs?
Next, suppose IPS uses markup pricing for Android01. Fixed costs are $4.5 million, and for a level of production of 300 units, the variable cost per unit is $48,000.
Question 3: What is the price of the Android01 at 30 percent markup over full cost?
Submit your Markup Pricing Report and Calculations to the dropbox below. Submit a spreadsheet showing your calculations in Excel and provide a narrative analysis in Word. Your narrative analysis should summarize the results of your analysis and make recommendations for the benefit of company.
In: Accounting
Jessica has decided to apply the concepts in a balanced scorecard to evaluate and improve her business. Her vision for this business is to provide clients with high quality websites that receive a relatively high number of hits. Recently, word-of-mouth advertising has led to more requests for websites with creative animated graphics. As part of her balanced scorecard, she tracked the following measures over the last two years for her individual clients.
|
2018 |
2019 |
|
|
Average revenue per individual client |
$2,000 |
$1,500 |
|
Average time from start to finish (business days) |
10 |
13 |
|
Average site ranking on top two search engines |
15 |
21 |
|
Total revenue |
$80,000 |
$78,000 |
|
Total labour cost |
$20,000 |
$22,000 |
|
Total electricity and phone costs |
$2,100 |
$2,400 |
|
Number of individual clients |
40 |
52 |
|
Employee turnover |
1 |
0 |
50 Required:
In: Accounting