Compare the results of good vs poor capital budgeting decisions on an organization, be specific on the long term impact to the organization and describe characteristics included in the definition of capital budgeting.

Provide an example of a capital budgeting project for a church

What landmarks distinguished European Christendom in the so-called “Age of Faith” and what role did the Roman Catholic Church play in the rise of medieval European culture? Focus on three landmarks and discuss them elaborately.

Jetta production cost in 2002 and 2003 was 14,000 Euro per Jetta. Jetta sold in US at $15,000 in 2002 and 2003. Forward hedge exchange rate was 1 $/Euro in 2003. Rate without hedge (i.e. market exchange rate) was 1.25$/Euro in 2003. If 12,000 Jetta were sold in US, in 2003, by 60% forward hedge and 40% not hedged. What would be profits or loss from sales of 12,000 Jetta in US?  

Beginning with the Renaissance the Church is no longer the only primary patron of the arts. Private families, governments and other secular (non-religious) groups begin to hire artists with greater frequency. What effect do you think this new diversity in patrons had on the arts in the 15th-18th centuries? Include some specific examples of works commissioned by these new patrons.

In Chapter 28, you learned about the concept of comparative advantage. How does this principle apply to people/members in the church? In other words, you may consider that every individual within the Church community has a different/unique role (pastor, praise band leaders, server for meals, children’s ministry, etc) as gifted from God. How does the principle of comparative advantage relate to this situation? For you to receive full credit, please make sure you provide an accurate analysis based on the knowledge of comparative advantage to this given situation. Please do not refer to other sources, other than your textbook. (Due: Day 4(Thursday) by 11:59pm; word count: minimum 300 words).

You have been asked by the board of trustees of a local church to review its accounting procedures. As part of this review you have prepared the following comments relating to the collections made at weekly services and record keeping for members’ pledges and contributions:

1. The church’s board of trustees has delegated responsibility for financial management and the financial records to the finance committee. This group prepares the annual forecast and approves major disbursements, but is not involved in collections or record keeping. No internal or independent audit has been considered necessary in recent years because the same trusted employee has kept church records and serves as financial secretary for 15 years.
2. The offering at the weekly service is taken by a team of ushers. The head usher counts the offering in the church office following each service. He then places the offerings and a notation of the amount counted in the church safe. The next morning the financial secretary opens the safe and recounts the offering. He withholds about $100 to meet cash expenditures during the coming week and deposits the remainder of the offering intact. In order to facilitate the deposit, members who contribute by check are asked to draw their checks to cash.
3. At their request, a few members are furnished prenumbered, predated envelopes in which to insert their weekly contributions. The head usher removes the cash from the envelopes to be counted wit the loose cash included in the offering and discards the envelopes. No record is maintained of issuance or return of the envelopes, and the envelope system is not encouraged.
4. Each member is asked to prepare a contribution pledge card annually. The pledge is regarded as a moral commitment by the member to contribute a stated weekly amount. Based upon the amounts shown on the pledge cards, the financial secretary furnishes a letter requesting members to support the tax deductibility of their contributions.

Describe the weaknesses and recommended improvements in procedures for:

1. Offerings given at weekly services.
2. Record keeping for members’ pledges and contributions.

1. Suppose a random sample of 100 Utah families yields a total fertility rate (the average number of children born per woman) of 2.71. Given what the Central Limit Theorem tells us about the relationship between sample statistics and population parameters, we can assume the total fertility rate for all Utah families is

Exactly 2.71. No more, no less.

Less than 2.71, as the sampling distribution for the TFR is always negatively skewed

likely close to 2.71, though not necessarily EXACTLY 2.71

Far too high relative to the number of students our public education system can realistically support (this is NOT the correct answer)

2. Suppose you're interested in tracking Americans' church attendance. A sample of 900 Americans finds that 22 percent of respondents report attending church at least once per week. If this poll has a margin of error of plus/minus three percent, we can be fairly certain that the percentage of all Americans who attend church at least once per week falls between _______ percent and _______ percent.

Group of answer choices

19; 25

21.7; 22.3

16; 28

There's simply no way of knowing because everyone lies about how often they go to church (this is not the correct answer, although it's probably true).

3. Suppose weights of high school wrestlers are normally distributed with a mean of 145 pounds and a standard deviation of 15 pounds. Approximately what percent of wrestlers weigh between 135 and 150 pounds?

Group of answer choices

37.81 percent

74.75 percent

25.25 percent

0.3781 percent

4. Suppose weights of high school wrestlers are normally distributed with a mean of 145 pounds and a standard deviation of 15 pounds. What weight (approximately) corresponds with the 75^th percentile?

Group of answer choices

134.883

140.22

149.78

155.117

Q. what is the difference between Black-litterman and Stutzer’s 2004 optimisation approach ?

The year-end net income (in millions) for a company for the years 2004-2015 are shown in the provided data set (incomedata.xlsx). Graph the best chart which effectively displays the income data over time.

Income Data: