E-45 (Statement of revenues, expenditures, and changes in fund balances) prepare, in good form, the 20x1 statement of revenues, expenditures, and changes in fund balances for the general fund of Crabtree township, based on the following information:
Property tax revenues $13,000,000
Licenses and permits $800,000
Intergovernmental grants $2,500,000
Short-term note proceeds $775,000
General capital asset sale proceeds (Equal to book value less 10%) $523,000
Receipt of residual assets of terminated Debt Service Fund $90,000
Amount paid to Debt service fund to cover principal and interest payments $100,000
General government expenditures $800,000
Education expenditures $10,250,000
Public safety expenditures $3,000,000
Highways and streets expenditures $2,460,000
Health and sanitation $920,000
Capital assets purchased $1,200,000
Retirement of principal of long term note 300,000
Interest payment on long-term note $30,000
Interest expenditures on short-term note $68,000
Unreserved Fund Balance, January 1, 20X1 $1,190,000
Reserve for Advances, January 1, 20X1 $3,000,000
Reserve for Encumbrances, January 1, 20X1 $$560,000
Instructions: 20% original increase, 95% revised
In: Accounting
Answer the following: (Use the Excel Sheet attached)
| Pro Forma | Actual Results | |||||
| Year 2021 | End of 2021 | $ Variance | % Variance | |||
| Revenues | ||||||
| Private Insurance | $ 610,000 | $ 552,750 | $ (57,250) | -9.4% | ||
| Medicare | $ 240,000 | $ 257,040 | $ 17,040 | 7.1% | ||
| Medicaid | $ 30,000 | $ 58,950 | $ 28,950 | 96.5% | ||
| Self-pay | $ 62,500 | $ 32,520 | $ (29,980) | -48.0% | ||
| Total revenue | $ 942,500 | $ 901,260 | $ (41,240) | -4.4% | ||
| Expenses | ||||||
| Salaries and Benefits | $ 702,000 | $ 707,109 | $ (5,109) | -0.7% | ||
| Medical Supplies | $ 140,000 | $ 140,216 | $ (216) | -0.2% | ||
| Administrative Supplies | $ 8,000 | $ 7,526 | $ 474 | 5.9% | ||
| Rent and Utilities | $ 52,000 | $ 52,620 | $ (620) | -1.2% | ||
| Total expenses | $ 902,000 | $ 907,471 | $ (5,471) | -0.6% | ||
| Income/Loss | $ 40,500 | $ (6,211) | $ (35,769) |
In: Accounting
Explain how a demand curve shows how demand for bananas changes with price of bananas. (Minimum 50 words) b) Examine with respect to the demand for bananas, which of the following would cause (1) movement along the demand curve or (2) a shift of the demand curve? i).Consumers’ incomes drop. ii).The price of bananas rises. iii).The price of oranges, a substitute product, falls. c) Using supply demand analysis show what will be the change in equilibrium when there is a drop in consumers’ income as mentioned in i).
In: Economics
Q3. During April, the following changes in the single inventory product took place: (1 mark).
April 1 Balance 1,400 units @ $24
8 Purchased 900 units @ $36
12 Purchased 700 units @ $30
24 Purchased 400 units @ $50
10 Sold 1,500 units @ $40
26 Sold 1,700 units @ $44
Calculate the COGS after each sales transaction and the ending inventory after each transaction under the following methods.
(a) FIFO.
(b) Average Cost. (round numbers to the nearest 10)
Answer:
In: Accounting
List three changes you would expect in the IR spectrum of 2,3-dibromocinnamic acid as compared to the IR spectrum of trans-cinnamic acid. Make sure to reference the approximate wavenumber of any relevant peaks and whether they correspond to a stretch or a bend.
In: Chemistry
Humanity has made countless genetic changes to our food through practices such as grafting and selective breeding. What sets genetic modification using biotechnology apart from that practice? In your answer, offer your own summary (referencing the material from this course) on how genetic cloning is achieved.
In: Biology
Drilling down beneath a lake in Alaska yields chemical evidence of past changes in climate. Biological silicon, left by the skeletons of single-celled creatures called diatoms, measures the abundance of life in the lake. A rather complex variable based on the ratio of certain isotopes relative to ocean water gives an indirect measure of moisture, mostly from snow. As we drill down, we look farther into the past. Here are data from 2300 to 12,000 years ago:
| Isotope (%) |
Silicon (mg/g) |
Isotope (%) |
Silicon (mg/g) |
Isotope (%) |
Silicon (mg/g) |
|---|---|---|---|---|---|
| −19.90 | 95 | −20.71 | 154 | −21.63 | 226 |
| −19.84 | 108 | −20.80 | 263 | −21.63 | 237 |
| −19.46 | 118 | −20.86 | 269 | −21.19 | 188 |
| −20.20 | 139 | −21.28 | 296 | −19.37 | 339 |
(b) Find the single outlier in the data. This point strongly
influences the correlation. What is the correlation with this
point? (Round your answer to two decimal places.)
What is the correlation without this point? (Round your answer to
two decimal places.)
(c) Is the outlier also strongly influential for the regression
line? Calculate the regression line with the outlier. (Round your
slope to two decimal places, round your y-intercept to one
decimal place.)
ŷ =__________ − ___________ x
Calculate the regression line without the outlier. (Round your
slope to two decimal places, round your y-intercept to one
decimal place.)
ŷ = __________ − ___________ x
2. Runners are concerned about their form when racing. One measure of form is the stride rate, the number of steps taken per second. As running speed increases, the stride rate should also increase. In a study of 21 of the best American female runners, researchers measured the stride rate for different speeds. The following table gives the speeds (in feet per second) and the mean stride rates for these runners.
| Speed | 15.87 | 16.93 | 17.58 | 18.66 | 20.15 | 21.27 | 22.06 |
| Stride rate | 3.05 | 3.19 | 3.21 | 3.31 | 3.48 | 3.59 | 3.65 |
(b) Find the equation of the regression line of stride rate on
speed. Draw this line on your plot. (Round your answers to four
decimal places.)
| stride rate | =__________ + __________ speed |
(c) For each of the speeds given, obtain the predicted value of the
stride rate and the residual. Verify that the residuals add to
zero. (Round your answers to three decimal places.)
| predicted value | residual | |||
| 15.87 | ||||
| 16.93 | ||||
| 17.58 | ||||
| 18.66 | ||||
| 20.15 | ||||
| 21.27 | ||||
| 22.06 |
In: Statistics and Probability
Physical training can lead to changes in muscle composition and properties of local motor neurons, both of which will alter our capabilities to carry out movements. Are the following statements about that type of plasticity of our motor system TRUE or FALSE?
|
In: Anatomy and Physiology
Question 1:
How sensitive to changes in water temperature are coral reefs? To find out, scientists examined data on sea surface temperatures and coral growth per year at locations in the Red Sea. Here are the data: Sea surface temperature 29.69 29.86 29.95 30.3 30.51 30.68 30.87
Growth 2.63 2.57 2.62 2.47 2.27 2.37 2.27
Use your calculator to find: The mean (± 0.0001) and standard deviation (± 0.0001) for sea surface temperature: x¯¯¯= sx=
The mean (±0.0001) and standard deviation (± 0.0001) for coral growth: y¯¯¯= sy=
The correlation (± 0.0001) r = . The slope (± 0.01) of the equation of the least-squares regression line is b =
and the intercept is (± 0.01) a =
In: Statistics and Probability
Using the model of loanable funds explain how the following changes affect the real interest rate, investment, consumption, and government expenditure. Include the appropriate diagram as part of your answer. Initially assume that consumption depends only on disposable income.
A)Expectations about the future profitability of investment improve. (Hint: For a given real interest rate, r, firms will invest a greater amount after expectations improve).
B) How does your answer to (A) change if consumption also depends on the real interest rate (i.e. is decreasing with r)?
In: Economics