Windsor Corporation recorded a right-of-use asset for $240,300 as a result of a finance lease on December 31, 2016. Windsor’s incremental borrowing rate is 13%, and the implicit rate of the lessor was not known at the commencement of the lease. Windsor made the first lease payment of $41,440 on on December 31, 2016. The lease requires 9 annual payments. The equipment has a useful life of 9 years with no residual value.
Prepare Wndor's December 31,2017, entries.
In: Accounting
What is the role of rating agencies of fixed income securities? What is the highest possible rating? What is the difference between investment grade and speculative grade debt? Give three (3) specific examples of firms and/or municipalities with investment grade or speculative grade debt and include the rating as of Q3 2016 or Q4 2016 or Q1 2017. In your opinion, should the ratings agencies' be held accountable for their "opinions" of firms' fixed income securities?
In: Accounting
Irwin, Inc., constructed a machine at a total cost of $41 million. Construction was completed at the end of 2012 and the machine was placed in service at the beginning of 2013. The machine was being depreciated over a 10-year life using the straight-line method. The residual value is expected to be $3 million. At the beginning of 2016, Irwin decided to change to the sum-of-the-years’-digits method. Ignoring income taxes, prepare the journal entry relating to the machine for 2016.
In: Accounting
Irwin, Inc., constructed a machine at a total cost of $23 million. Construction was completed at the end of 2012 and the machine was placed in service at the beginning of 2013. The machine was being depreciated over a 10-year life using the straight-line method. The residual value is expected to be $3 million. At the beginning of 2016, Irwin decided to change to the sum-of-the-years’-digits method. Ignoring income taxes, prepare the journal entry relating to the machine for 2016.
In: Accounting
Meca Concrete purchased a mixer on January 1, 2016, at a cost of $39,600. Straight-line depreciation for 2016 and 2017 was based on an estimated eight-year life and $2,400 estimated residual value. In 2018, Meca revised its estimate and now believes the mixer will have a total service life of only six years, and that the residual value will be only $1,400. Compute annual depreciation for 2018 and 2019.
Annual depreciation for 2018 and 2019-
In: Accounting
1. Calculate the test statistic to compare the variance in poverty rates for rural counties to that of urban cities in 2016.
2. Calculate the p-value of the test statistic to compare the variance in poverty rates for rural counties to that of urban counties in 2016.
These are two questions I have for my homework, I have an excel sheet to work with and I just need to know the operations to derive these calculations. Also, is the F-Statistic the test statistic?
In: Math
The following is a chart of 25 baseball players' salaries and statistics from 2019.
| Player Name | RBI's | HR's | AVG | Salary (in millions) |
|---|---|---|---|---|
| Adam Jones | 67 | 16 | 0.260 | 4.500 |
| Marwin Gonzalez | 55 | 15 | 0.264 | 12.000 |
| Wil Myers | 53 | 18 | 0.239 | 5.500 |
| Christian Vazquez | 72 | 23 | 0.276 | 2.850 |
| Adam Eaton | 49 | 15 | 0.279 | 8.400 |
| Joey Votto | 47 | 15 | 0.261 | 25.000 |
| Stephen Piscotty | 44 | 13 | 0.249 | 7.333 |
| DJ LeMahieu | 102 | 26 | 0.327 | 12.000 |
| Max Kepler | 90 | 36 | 0.252 | 6.000 |
| Christian Yelich | 97 | 44 | 0.329 | 9.750 |
| Lourdes Gurriel Jr | 50 | 20 | 0.277 | 1.929 |
| Brock Holt | 31 | 3 | 0.297 | 3.575 |
| Melky Cabrera | 47 | 7 | 0.280 | 1.150 |
| Miguel Rojas | 46 | 5 | 0.284 | 3.155 |
| Freddie Freeman | 121 | 38 | 0.295 | 21.409 |
| Yadier Molina | 57 | 10 | 0.270 | 20.000 |
| Manny Machado | 85 | 32 | 0.256 | 12.000 |
| Nelson Cruz | 108 | 41 | 0.311 | 14.000 |
| Gerardo Parra | 48 | 9 | 0.234 | 0.555 |
| Jason Heyward | 62 | 21 | 0.252 | 22.500 |
| Cameron Maybin | 32 | 11 | 0.285 | 0.555 |
| JD Martinez | 105 | 36 | 0.304 | 23.750 |
| Eloy Jimenez | 79 | 31 | 0.267 | 1.833 |
| Paul DeJong | 78 | 30 | 0.233 | 1.667 |
| Ian Desmond | 65 | 20 | 0.255 | 15.000 |
In order to have correlation with 95% confidence (5% significance),
what is the critical r-value that we would like to
have?
(Round to three decimal places for all answers on this assignment.)
RBI vs. Salary
Complete a correlation analysis, using RBI's as the x-value and salary as the y-value.
Correlation coefficient:
Regression Equation: y=y=
Do you have significant correlation? ? Yes No
HR vs. Salary
Complete a correlation analysis, using HR's as the x-value and salary as the y-value.
Correlation coefficient:
Regression Equation: y=y=
Do you have significant correlation? ? Yes No
AVG vs. Salary
Complete a correlation analysis, using AVG as the x-value and salary as the y-value.
Correlation coefficient:
Regression Equation: y=y=
Do you have significant correlation? ? Yes No
Prediction
Based on your analysis, if you had to predict a player's salary, which method would be the best? Select an answer Regression equation with RBI's Regression equation with HR's Regression equation with AVG The average of the 25 salaries
Using that method, predict the salary for Brandon Lowe. His stats were:
RBI: 51
HR: 17
AVG: 0.270
Based on your analysis, his predicted salary would be: $ million
His actual salary was $1.000 million.
In: Statistics and Probability
Anecdotal evidence has suggested that a specific type of oral contraceptive pill puts women at greater risk for blood clots. Researchers decide to examine this scientifically by starting a prospective cohort study. They enroll women between the ages of 15 and 45 who are using this type of oral contraceptive pill as well as similar women who are not using this contraceptive pill. At baseline none of the women had ever had a blood clot. Then they follow these study participants for 5 years, following up with them once a year to determine if they suffered from a blood clot. At the end of 5 years the researchers report the following information: Out of a total of 6000 women that were taking the oral contraceptive of interest, 575 had reported blood clots. Of the 7000 women not taking the oral contraceptive of interest, 250 reported a blood clot.
A. Create an appropriate 2x2 table for this data. (Fill out the chart)
| Blood Clot | No Blood Clot | |
| Oral Contraceptive (Exposure) | ||
| No Oral Contraceptive (No Exposure) |
B. Calculate the relative risk of having a blood clot for women taking the oral contraceptive pill in question compared to those not taking the contraceptive pill in question (show steps).
C. Assume that this RR is significant. What does this RR mean (be specific using the context of this study)?
In: Statistics and Probability
State Retirement Funding
A state retirement plan has been frozen. It is considered fully funded, with $635,244,352.26 of assets on hand and makes payouts to 1,000 recipients. It assumes it will earn 7.5% per year on these assets. The most recent total payout was $50,000,000. Next year it will be $51,000,000, which includes a 2% COLA increase in benefits. This payout amount is scheduled to increase by 2% per year for inflation. All interest earned and payments occur at the end of the year. For this cohort of retirees, the final payment will be made in exactly22 years from today. The fund balance at that time will be zero.
The effective rate for annuities like this is RATE = [(1+growth)/(1+Inflation)]-1=0.0539216.
The PV was calculated as =PV(RATE,22,-50000000,0,0)
A) Create an amortization table that shows the pension is fully funded.
B) Suppose that instead of 7.5% the assets earn 5% per year. By how much is the pension under-funded assuming the 2% COLA adjustment continues.
C) At a 5% growth rate what total annual payments can the original asset balance support for 22 years with no inflation adjustment? i.e., the same amount each year.
D) Given the initial balance of $635,244,352.26 and assuming a 2% COLA increase ever year, what initial payment can be made to beneficiaries?
In: Finance
1. Start a new Visual Studio project and name it GradeApp
a. Make sure your project is a web project
b. Make sure it is using C#
2. Add a new folder and name it Grades_Logic
3. Inside this new folder create a new web form called “Grades”
4. Add a label to hold text “Enter Grade”
5. Add a text field in front of the label to receive the grade
6. Add another label in a new line to display the text “Participation”
7. Place a drop-down list in front of this label containing the following:
a. Excellent Participant
b. Very Good participant
c. Good participant
d. Fair participant
e. Poor participant
f. Did not participate
8. Add a button in a new line called submit labeled “Submit Evaluation”
9. In a new line below the button add a label to display the output with no text in it
10. Create a code behind to display the final evaluation based on the score entered in the text box and the participation selected from the drop-down list.
11. Final evaluation should be “Excellent”, “Very Good”, “Good”, “Fair”, or “Poor”
12. The logic should work as the following:
a. The grade should present 90% of the total evaluation
b. The participation should be 10% of the total evaluation
i. Excellent Participant = 100% of participation weight
ii. Very Good participant = 90% of participation weight
iii. Good participant = 80% of participation weight
iv. Fair participant = 70% of participation weight
v. Poor participant = 50% of participation weight
vi. Did not participate = 0% of participation weight
13. The final evaluation will be as the following:
a. Excellent = 91% - 100% of total grade
b. Very Good = 81% - 90% of total grade
c. Good = 71% - 80% of total grade
d. Fair = 60% - 70% of total grade
e. Poor is anything below 60% of total grade
In: Computer Science