Questions
Question 3 (7 marks) Everyday Supplies Pty Ltd is a single-store retailer that sells a variety...

Question 3

Everyday Supplies Pty Ltd is a single-store retailer that sells a variety of tools, garden supplies, timber, small appliances, and electrical fixtures to the public, although about half of Everyday Supplies’ sales are to construction contractors on account. Retail customers pay for merchandise by cash or credit card at cash registers when merchandise is purchased. A contractor may purchase merchandise on account, if approved by the credit manager based only on the manager’s familiarity with the contractor’s reputation. After credit is approved, the sales associate files a prenumbered charge form with the accounts receivable supervisor to set up the receivable. The accounts receivable supervisor independently verifies the pricing and other details on the charge form by reference to a management - authorised price list, corrects any errors, prepares the invoice, and supervises a part-time employee who mails the invoice to the contractor. The accounts receivable supervisor electronically posts the details of the invoice in the accounts receivable subsidiary ledger; simultaneously, the transaction’s details are transmitted to the bookkeeper. The accounts receivable supervisor also prepares a monthly computer-generated accounts receivable subsidiary ledger without a reconciliation with the accounts receivable control account and a monthly report of overdue accounts. 4 The cash receipts functions are performed by the cashier, who also supervises the cash register clerks. The cashier opens the mail, compares each cheque with the enclosed remittance advice, stamps each cheque “for deposit only”, and lists cheques for deposit. The cashier then gives the remittance advices to the bookkeeper for recording. The cashier deposits the cheques daily, separate from the daily deposit of cash register receipts. The cashier retains the verified deposit slips to assist in reconciling the monthly bank statements, but forwards to the bookkeeper a copy of the daily cash register summary. The cashier does not have access to the journals or ledgers. The bookkeeper receives the details of transactions from the accounts receivable supervisor and the cashier for journalising and positing to the general ledger. After recording the remittance advices received from the cashier, the bookkeeper electronically transmits the remittance information to the accounts receivable supervisor for subsidiary ledger updating. The bookkeeper sends monthly statements to contractors with unpaid balances upon receipt of the monthly report of overdue balances from the accounts receivable supervisor. The bookkeeper authorises the accounts receivable supervisor to write off accounts as uncollectible when six months have passed since the initial overdue notice was sent. At this time, the credit manager is notified by the bookkeeper not to grant additional credit to that contractor.

Required: Describe five (5) internal control weaknesses in Everyday Supplies’ internal control for the cash receipts and billing functions and explain why they are weaknesses for two (2) that you have identified. (Word Limit: Minimum of 550 words. Maximum of 600 words)

In: Accounting

You are to develop from the beginning a web site about yourself with regards to your...

You are to develop from the beginning a web site about yourself with regards to your course studies and any certifications you have done so far. This web site provides certain required details about your education/studies which you did. You will design and develop your web site with Notepad/Notepad++, HTML, Java Script and CSS. The purpose of this assignment is for you to build a web site that will contain some details about all of your course degrees you have achieved so far including all the certifications with, e.g., the number of degrees you are holding so far, the number of institutes you enrolled yourself, etc. This assignment involves creation of three HTML files corresponding to the three pages of your web site and all are connected to an external CSS file. You will need to determine how your site will be designed and then you will develop the pages using HTML, Java Script and CSS. The pages and CSS file you will develop are explained below. Home page (.HTML file) The first page of your site the user sees will be a home page. This page will be a welcome to the site. You will explain to the user what the site is about. The content of the page will include at least two paragraphs. An appropriate heading must be placed at the top of the page indicating what the page or site is about. The word limit for this page, excluding the heading, is 130 – 150 words. You must keep the number of words within this range. In the home page, add two links for “Course details” page and “About Me” page. NOTE: All pages must have links to the other pages.

Past Course details page (.HTML file) Begin this page with an appropriate heading (as all pages of the site will have) reflecting that this page deals with details about all the unit courses. Do not use “Course details” in the heading but use another title for your heading.

Current Course details page (.HTML file) This page conveys certain aspects about all the unit course details. Like the previous page, show a heading at the top of the page. Do not use “Current course details” in the heading text but use some other title.

Cascading Style Sheet Use CSS file for formatting used for all web pages.

Task 1: Develop a web site about yourself with regards to your course studies and any certifications you have done so far. This web site provides certain required details about your education/studies which you did. You will design and develop your web site with Notepad/Notepad++, HTML, J

Task 2: After developing the website, explain the characteristics of that website and associated authoring/management issues.

Need to add 4 courses for past and for courses for current study. the writing segments will be added by myshelf. just need the required codes.

In: Computer Science

In respect of each benefit you are required to: specify the category and the applicable division...

In respect of each benefit you are required to:

  • specify the category and the applicable division of the Fringe Benefits Tax Assessment Act 1986 (FBTAA);
  • provide section references of the FBTAA for each part of your calculation; and
  • indicate whether the benefit is a Type 1 or Type 2 benefit and state the reason.

Reasons for any exclusions must also be provided.

Your working papers must be typed using Excel or Word. The FBT return may be handwritten. An Excel worksheet has been provided to help you to set out your assignment.

World’s Best Gifts Pty Ltd (WBG) is a company resident in Australia. Its business is the sale of unusual and original giftware. In addition to providing giftware to boutique gift stores in Perth it also has salespeople who drive to rural areas to sell its giftware to shops in country areas. Its turnover is above $10 million.

It provides the following to its staff in the FBT year ended 31st March 2020.

Parking was provided on-site to 12 staff. There were three commercial parking stations within one kilometre. One charges $15 per day but by the end of the year had increased this to $18 per day, one charges $18 per day, and one charges $10 per day. Staff paid $5 per week towards their on-site parking.

Taxi fares for the head of the IT division. She had never learned to drive. WBG paid $10,000 in taxi fares during the year. 85% of the trips were to and from work, however, she used the remaining vouchers to travel privately after hours.

An end-of-financial year party was held at a 5-star hotel. All 50 staff attended and 40 of them brought a partner. The party cost $280 per head. The business used the actual method to calculate the entertainment FB.

Notes:

The company does not qualify as a SBE.

The company has paid GST where it is liable to do so and all amounts shown are GST-inclusive.

One of Vivienne’s major clients in a regional area renowned for its beautiful resort provides her with a weekend stay which included accommodation and food, airline tickets and tickets to a concert with an international act. The cost of this package was $8,500 and Vivienne and her daughter attended. This was offered to her as she had developed a rapport with her client and sourced interesting giftware to be sold in the resort. It was always very expensive and very exclusive giftware. The client was very appreciative of the special service provided by Vivienne. WBG was aware that Vivienne and her daughter would attend this function and that it was being provided free of charge.

REQUIRED:

Complete working papers showing how you have calculated the taxable value of each benefit provided. Include in your working papers references to the FBT legislation for each benefit provided and provide reasons and explanations for any items which you exclude from the calculations. Calculate the FBT payable by World’s Best Gifts Pty Ltd.

In: Accounting

A11: EDITING PUNCTUATION (PART 2) With Track Changes turned on, edit the punctuation errors in the...

A11: EDITING PUNCTUATION (PART 2)

With Track Changes turned on, edit the punctuation errors in the following sentences. I have told you how many errors are in each sentence. Then, using the comment feature in Microsoft Word, note the section number from the Chicago Manual of Style that supports each edit and write a short explanation of why the edit is needed. I’ve included an example for you so you can see how I would like your answers formatted. All of the answers come from Chapter 6 of the Chicago Manual of Style. I’ll give you 0.5 points for each correct edit and 0.5 points for your comment that notes the correct section of the manual and provides a short explanation. (Questions adapted from RPW Chapter 16)

EXAMPLE     (2 errors) If you want to make them resent you,[SJ1] ignore them when your children scream for attention.[SJ2]

  1. (3 errors) Murray’s book provides a lot of useful information including: performance graphs, helpful hints, company listings by performance, and general rules for successful investing. The book contains ratings of over four hundred companies with detailed information on the most important aspects of company performance.
  2. (2 errors) If a new firm gets into trouble the venture capitalist may have to replace managers (or even founding entrepreneurs), to get the company back on the road to success.
  3. (3 errors) Sacco and Vanzetti who may have been innocent were executed in 1927 seven years after their conviction.
  4. (2 errors) Of all the short stories I’ve read—and I’ve read many!—, I have enjoyed Flannery O’Connor’s “A Good Man Is Hard to Find”.
  5. (2 errors) The years 1975-1979 involved the birth and growth of the summer blockbuster and many happy moviegoers discovered a love of cinema during this time.
  6. (1 error) The number of elderly people is already large and there will be a large increase in the number of people who will be faced with decisions about their care.
  7. (2 errors) All the first-year students, who are on academic probation, are required to see the dean.
  8. (1 error) As competition has increased and firms have become mass producers of small products some industries have moved away to the less-complicated job-order system.
  9. (2 errors) The observation and notes from September 27, 2020 were mainly from the boy’s mother who relayed information about her children to the case worker.
  10. (2 points) In 25–50 words, explain the difference in meaning between these two sentences:
    My friend Myla will be starting college next month.
    My friend, Myla, will be starting college next month.

In: Computer Science

  PLEASE ANWSER B!! THANK YOU :) You are considering a new product launch. The project will...

  PLEASE ANWSER B!! THANK YOU :)

You are considering a new product launch. The project will cost $680,000, have a four-year life, and have no salvage value; depreciation is straight-line to zero. Sales are projected at 100 units per year, price per unit will be $19,000, variable cost per unit will be $14,000, and fixed costs will be $150,000 per year. The required return on the project is 15%, and the relevant tax rate is 35%. Ignore the half-year rule for accounting for depreciation.          (18 marks total)

a. Calculate the following six numbers for this project. Round your answers to two decimal places.

(i) NPV

                                                                                       

Sales

$1,900,000

Variable costs

$1,400,000

Gross profit

$500,000

Fixed costs

$150,000

Depreciation

$170,000

EBIT

$180,000

Taxes 35%

$63,000

Net Income

$117,000

OCF = EBIT + depreciation – taxes
= 180000 + 170000 – 63000
= 287,000

PVAF= (1 – (1 / (1 + r)^N)) / r
= (1-(1/(1+.15)^4))/.15
= 2.854978363

PV of cash inflow
= 287,000 * 2.854978363
= 819,398.7901

NPV = 819,398.7901 – 680000
= 139,398.79

(ii) Profitability Index (PI)                                                       (1 mark)

=
PV of cash inflow/initial investment
= 1.20

(iii) Payback period (in years)                                                 (1 mark)

Initial investment/ cash flow
= 680000/287000
= 2.37 years

(iv) Discounted payback period (in years)                                 (1 mark)

3.15 years

(v) Internal Rate of Return (IRR in %)                                      (1 mark)

CF0 = -680,000
CF1 = 287,000
CF2= 287,000
CF3= 287,000
CF4 = 287,000
COMP I/Y
IRR = 24.82

(vi) Average Accounting Return (AAR in %)                             

     Hint: Net Income = {[(Price – variable cost)*Quantity Sold] – Fixed Costs – Depreciation} * (1 – Tax rate)

     Average annual profit/initial investment

     117,000/680,000
= 0.17205
= 17.21%

b. Evaluate the sensitivity of the NPV, PI, Payback period, Discounted payback period, AAR, and IRR to a ±10% variation in the number of units sold per year. Ensure that you interpret your answers in words.

Hint #1: For example, for the NPV, increase the quantity sold by 10% and re-calculate the NPV. Then calculate the percentage change of this new NPV over the base case NPV from part (a). Repeat the process for a 10% decrease in quantity sold.

Hint #2: You must perform the process in Hint #1 for each of the six items in part (a). Note that IRR and AAR are already rates of returns. You do not have to calculate the percentage changes over the base case numbers for IRR and AAR. Instead, simply calculate the difference between the new numbers and the base case numbers for IRR and AAR.

Hint #3: It may be easier to perform these calculations in a spreadsheet. If you opt to do these calculations in a spreadsheet, ensure that you copy and paste the spreadsheet into your Word document.      

In: Finance

Read the details regarding “The Plaza Hotel” and answer the questions below: The Plaza Hotel is...

Read the details regarding “The Plaza Hotel” and answer the questions below:

The Plaza Hotel is a 20-story luxury hotel and condominium apartment building in Midtown Manhattan in New York City. It opened in 1907 and is now owned by Katara Hospitality. The Plaza Hotel has many services including a butler on every floor, baby-sitting and concierges, a shopping mall, the Palm Court under the restored stained glass ceiling, the Champagne Bar located in the hotel lobby with views of Grand Army Plaza, the Edwardian Room, the Terrace Room, the Rose Club, the Grand BallRoom, The Plaza Food Hall and The Todd English Food Hall Restaurant and Marketplace, as well as meeting rooms and conference rooms. Guests not only come from the 50 states but from all over the world. The hotel scores in the top 5% of the

national benchmark studies in terms of customer satisfaction. The hotel managers analyze the data received through customer questionnaires on a daily basis. Corrective measures are taken without any delay in case of any problems. The Plaza believes that quality improvement is a never ending process and the staff and management are continuously striving to come up with strategies to improve customer satisfaction. When the staff observes some kind of problem, they take care of it themselves; delay in room service is followed by small gifts to the guests, delay in food service is followed by a complimentary dessert and so on. Katara Hospitality keeps a check and balance on the hotel’s performance. Different areas are monitored, compared to a selected standard and the feedback report is shared on a monthly basis with the hotel. Automated inventory system is used for inventory management. Whenever an item is removed from the inventory for customer use, the item is automatically billed to that account, and usage is noted at the main supply area. Supplies are delivered on a Just-in-time basis to keep the costs low and to avoid any quality related problems. From their one-of-a-kind Eloise Suite, to their ultra-luxurious Penthouse Suites, The Plaza’s unparalleled accommodations are as unique as they are elegant. Their spacious guest rooms offer classic appointments and furnishings as can only be expected from New York’s most legendary address. Their contemporary Legacy Suites offer beauty in every detail, some suites with striking partial views of Central Park, outdoor terraces, and connecting rooms. Pareto charts and flowcharts monitor processes and facilitate the management in spotting problematic areas graphically. The philosophy that customers come first is taught to all the employees at the very first day of their orientation. The guards at the gates or the waiters in the hallways will never be heard commenting on each other’s personal lives or discussing confidential issues. This quality culture at the Plaza hotel makes the hotel visit a warmer and more comforting experience for the guests.

a. What TQM concepts and tools have been employed by the Plaza Hotel? Identify and briefly explain them.

b. What tools would you recommend them that they can use in future and how can they use them?

please solve it in a word doc and be brief

In: Operations Management

When you try to automatically process human speech, you frequently try to understand what the person...

When you try to automatically process human speech, you frequently try to understand what the person was saying (or trying to say) from very ambiguous sounds. For instance, the phrases “Recognize speech” and “Wreck a nice beach” sound very similar when pronounced by the average American speaker. As humans, when we process speech, we always use the context of a word to judge what the speaker is probably trying to say. Our minds automatically discard options that are very inconsistent with what we have inferred about the sentence so far, and we reevaluate our earlier “guesses” based on new sounds that come in. For example, if your friend tells you “I didn’t recognize you”, you infer pretty safely from “you” that it wasn’t “I didn’t wreck a nice you”, whereas if your friend says “I didn’t wreck a nice car”, you find this more likely than “I didn’t recognize car”. If we want to get machines to do this kind of reasoning, we can use the following simplistic model. There is a known directed graph G = (V, E). Each node v ∈ V encodes an initial portion of an (intended) sentence. Each directed edge e has two things associated with it: (1) a probability pe ∈ [0, 1], and (2) a label λe ∈ ÎŁ, where ÎŁ is an alphabet of phonemes.3 We assume that for each node v and each label `, there is at least one edge e = (v, u) out of v labeled by λe = ` and at least one edge e = (u, v) into v labeled by λe = `. Also, we assume that the sum of probabilities of all edges out of v is 1, i.e., P u:(v,u)∈E p(v,u) = 1. In addition to the graph, you are given a start node s (which corresponds to not having heard anything yet) and a sequence of observed phonemes L = `1`2`3 · · · `k of length k. Your goal is to find a directed path P = (e1, e2, . . . , ek) in G of length k, starting from s, such that (1) the sequence of labels on P matches the given sequence, i.e., λei = `i for all i, and (2) subject to this requirement, the probability Qk i=1 pei is maximized. Such a path P (and its final node v) give a good guess as to what the speaker was trying to say. Give (and analyze) a polynomial-time algorithm (polynomial in the size of the graph and the length of the sequence) for finding such a path P. Note: The main difficulty arises from the fact that a node v may have multiple outgoing edges with the same label. This corresponds to not being able to tell for sure whether you heard “Recognize” or “Wreck a nice”. Otherwise, this problem would be nearly trivial.

In: Computer Science

You are going to start a company selling bottles of bacon soda (not baking soda). You...

You are going to start a company selling bottles of bacon soda (not baking soda). You have determined that to bottle your masterpiece, you’ll need to pay a bottling company $1.45 per bottle produced. They can send you 10 cases (48 bottles per case) for a $240 shipping cost. You’ll also need to hire someone to place your labels on each bottle once they arrive from the bottling company. You pay $.25 per label from an online supplier. Let’s assume you are paying someone $.05 for each label placed on a bottle. Since you will use a direct selling process, you will not incur a shipping fee to get each bottle to your customers. However, you decide to expand your distribution by offering $.25 per bottle sold as a commission to anyone who would help you sell your product.

In addition to your product costs, you have some other costs. You decide to be responsible and get business insurance. This costs you $25 per month. You will be running your business out of your home, so you won’t incur costs for utilities, rent, or depreciation. However, you took a loan from your rich uncle for $5,000. To pay back that loan, you must pay him $50 per month. You also decide to put an ad. in the local newspaper each month to get the word out about your new bacon soda. That ad costs you another $50 per month.

Through market research, you have estimated that you will sell all 10 cases from your initial order in the first month of operation. You have also estimated that you will be able to sell 20 cases per month for the second and third months, and then 40 cases per month for months 4 and 5 of operation.

You decide to use the “keystoning” approach to price your bottles of bacon soda. This means you will double your total variable costs per unit to determine your price.

Respond to the following questions and tasks. Be sure to show your calculations where needed.

1. What is the one-unit cost of bacon soda? (Identify both variable and fixed costs in calculating the one-unit cost.)

2. Create a five-month pro forma for the bacon soda company

PRO FORMA

Month 1

Month 2

Month 3

Month 4

Month 5

Total

Sales

Revenue

Units Sold

COGS

Gross Profit

Fixed Expenses

Insurance

Advertising

Loan

Variable Expenses

Labels

Labor

Commission

Shipping

Bottles

Total Expenses

Net Profit

ONE UNIT COST (COGS)

In: Accounting

Ans In Java Please Homework 6-1 So far in this course, all of your programs have...

Ans In Java Please

Homework 6-1

So far in this course, all of your programs have been written to be fully contained inside a single method named main. The main method is where Java begins execution of your program. In this assignment, you will coding other methods in addition to the main method. These additional methods will perform specific functions and, in most cases, return results. Write all your methods in a class named Homework6Methods.java


  1. Write a public static method named getMaxOf2Ints that takes in 2 int arguments and returns the Maximum of the 2 values

  1. Write a public static method named getMinOf2Ints that takes in 2 int arguments and returns the Maximum of the 2 values

  1. Write a public static method named getMaxOf3Ints that takes in 3 int arguments and returns the Maximum of the 3 values

  1. Write a public static method named getMedianOf3Ints that takes in 3 int arguments and returns the Median Value of the 3 values

  1. Write a public static method named printMinOf3Ints that takes in 3 int arguments of type int and prints the minimum value of those 3 ints

Example: “The min is “ + minVal

  1. Write a public static method named getProdOfAllPositiveInts that takes in 1 int argument and returns the product of all the values between 1 and that number.

If the argument is NON-positive return 0



  1. Write a public static method named getProdOfAllNegativeInts that takes in 1 int argument and returns the product of all the values between -1 and that number.

If the argument is NON-negative return 0

  1. Write a public static method named isProdOfAllNegativeIntsNegative that takes in 1 int argument and returns true if the product of all the values between -1 and that number is negative, and false otherwise.

  1. Write a public static method named getCharAtIndex that takes in 2 arguments, a String s, and an int index. The method should return the char found at the index location of the string or if not found return a ‘?’

  1. Write a public static method named getCountOfCharInString that takes in 2 arguments, a String s, and a char c. The method should return an int representing the number of times the char was found within the string.

  1. Write a public static method named getStringReversed that takes in 1 argument of type String and returns the String in reverse order.

  1. Write a public static method named getStringTitleCased that takes in 1 argument of type String and capitalizes the first letter of each word in the String, then returns the title cased string.

Example:

Input: “the dog ate my homework!” Returns: “The Dog Ate My Homework!”

Input: “tHe Dog atE My HOMEwoRk!” Returns: “The Dog Ate My Homework!”

Input: “THE DOG ATE MY HOMEWORK!” Returns: “The Dog Ate My Homework!”



Please complete all the Participation and Challenge activities in the above sections. This work must be completed in your textbook ZYBooks -- CMP-167: Programming Methods I

No other forms of submission will be accepted.

In: Computer Science

Instructions: You are not required to use R markdown for the lab assignment. Please include ALL...

Instructions: You are not required to use R markdown for the lab assignment. Please include ALL R commands you used to reach your answers in a word or pdf document. Also, report everything you are asked to do so.

Problem 1 : Consider a binomial random variable X ∌ Bin(100, 0.01). 1. Report P(X = 7), P(X = 8), P(X = 9), try to use one ONE R command to return all these three values. 2. Find the probability P(0 ≀ X < 5), be careful when treating “end points” 0 and 5. 3. We have mentioned on the class Possion distribution could be a good approximation of Binomial distribution under certain conditions. Here, n = 100, p = 0.01, np = 1 looks satisfy the condition that the pmf of X can be approximated by a suitable Possion random variable Y . What is λ of Y ? Compute P(X = i), P(Y = i), i = 0, 1, 2, 3, 4, 5 to show the goodness of the approximation.

Problem 2 : Answer the following questions: 1. First run alphas <- seq(0.1, 1, by = 0.1) and nalphas <- - rev(alphas). Based on what you have seen, decribe how functions seq and rev work. Then run qnorm(c(nalphas, alphas)) and report the result you get. What are they? What pattern did you notice and why? 2. Use the function rnorm to genearate 10000 random numbers from N(50, 4), store those random numbers into a vector called firstrn. It is expected that the sample mean of firstrn should be close to the population mean 50. Use the function mean to verify this. 3. Suppose X ∌ Possion(2). Report the probability that P(1 < X ≀ 5). Show the code you used to reach this answer.

Problem 3 : In lab lecture notes and demo code, I simulated random samples from Exp(1) to verify classical central limit theorem numerically. I also stressed that no matter what type of random samples you use, the standardized partial sum Sn always converge to N(0, 1). In this problem, simulate random samples from the following distributions: 1. Bernoulli(0.5) with ” = 0.5 and σ2 = 0.25. (Hint: You can use rbinom to generate Bernoulli random numbers.) 1 2. Uniform(0, 1) with ” = 0.5 and σ2 = 1/12. 3. Possion(1) with ” = 1 and σ2 = 1. For each case, set simulation times N to be 1000 and for each simulation, generate n = 2000 random numbers. Report 3 pieces of code, 3 Q-Q plots and your conclusion. To get all the answers, you only need slightly adjust my demo code

In: Statistics and Probability