Houston Company’s balance sheet includes the amounts shown below. Analysis of the company’s records reveals the following transactions during 2019, the company’s first year of operations: Cash received from customers, recorded as service revenue $217,650

Purchase of supplies for cash, expensed        $ 19,000

Cash paid for salaries, expensed         $ 85,400 At year-end, supplies on hand total $5,300, employees have earned $8,000 but have not yet been paid, and on the last day of the fiscal year, customers paid deposits of $8,700 for future promotions (this is included in total cash received from customers above)   Accounts receivable increased by $33,000. Credit sales for the period were $415,000. What was the amount of cash that was collected from accounts receivable? Wages payable decreased by $12,500. Cash paid for wages in the period was $222,000. What was wage expense for the period? Unearned revenue increased by $13,100. Cash received for unrecorded revenue in the period was $43,700. How much unearned revenue was recorded as revenue during the period? Prepaid insurance increased by $28,400. Cash paid for prepaid insurance policies during the period was $121,000. What was insurance expense for the period?

Required: Determine the ending balance for service revenue, supplies expense and salary expense

A recent article published in the Proceedings of the National Academy of Sciences, indicated that about one-fifth of the pollution in China spews into the atmosphere and crosses the Pacific in about 6 days and increases smog levels in the United States. Los Angeles and parts of the eastern U.S. experienced at least one extra day of smog that exceeded federal health standards for ozone in 2006 as a result of emissions from export manufacturing in China.

Explain how people living in the U.S. contribute to this pollution.

Identify actions that can be done, both at the individual and political levels, to reduce or prevent the air pollution.

Are you or someone you know susceptible to upper respiratory problems or infections (i.e. bronchitis, asthma, etc.)? Describe a typical episode and what exacerbates the infection? Do you feel that your respiratory infection is related to poor indoor/outdoor air quality? If so, explain why you believe it’s due to the poor air quality.

1. You are shown the following data. If the correlation coefficient between the combined portfolio of A+B and C is 0.2, what would happen to the overall volatility of the new portfolio if we invested 50% in A+B and the remaining 50% in C? You could potentially avoid computations.

1. Volatility will lie somewhere between 32% and 40%.
2. Volatility will lie somewhere between 27% and 32%.
3. Volatility will be below 27%.
4. Volatility will be above 40%.
5. Volatility will become zero.

A person’s muscle mass is expected to be associated with age. Some people also thought exercise time would be associated with the muscle mass. To explore the potential relationships between muscle mass and age, muscle mass and exercise time, a nutritionist randomly selected 20 women from a population of women with age ranging from 40 to 80 years old, and measured their muscle mass (a score without unit) and exercise time (hours per month)

Using the regression equation representing the SIGNIFICANT relationship, make the following predictions: [of note: based on the regression model you chose, information for one of Age and ExcercieTime is not needed for prediction, but you should make your own decision on which variable is not needed!]

The expected Muscle Mass (the mean) for Women at Age= 65 and ExerciseTime = 20; (4 points)

The expected difference in Muscle Mass between women with Age = 55 and ExcerciseTme =23 and women with Age = 58 and ExcerciseTime=25. (4 points)

A person’s muscle mass is expected to be associated with age. Some people also thought exercise time would be associated with the muscle mass. To explore the potential relationships between muscle mass and age, muscle mass and exercise time, a nutritionist randomly selected 20 women from a population of women with age ranging from 40 to 80 years old, and measured their muscle mass (a score without unit) and exercise time (hours per month)

Using the regression equation representing the SIGNIFICANT relationship, make the following predictions: [of note: based on the regression model you chose, information for one of Age and ExcercieTime is not needed for prediction, but you should make your own decision on which variable is not needed!] The expected Muscle Mass (the mean) for Women at Age= 65 and ExerciseTime = 20; The expected difference in Muscle Mass between women with Age = 55 and ExcerciseTme =23 and women with Age = 58 and ExcerciseTime=25.

(a) Explain why there is no distinction between low- and high-spin arrangements for an octahedral d8 metal ion. (b) Discuss the factors that contribute to the preference for forming either a high- or a low-spin d 4 complex. (c) How would you distinguish experimentally between the two configurations in (b)?

4. Overhead Door (OD) Corporation’s founder, C. G. Johnson, invented the upward-lifting garage door in 1921 and the electric garage door opener in 1926. Since then OD has been a leading supplier of commercial, industrial, and residential garage doors sold through a nationwide network of more than 450 authorized distributors. They have built a solid reputation as a premier door supplier, commanding 15 % share of the market.

Suppose that customers assess door quality first in terms of the ease of operation, followed by its durability. The quality improvement team (QIT) might then assign an engineering team to determine the factors that contribute to these two main problems.

Smooth operation of a garage door is a critical quality characteristic that affects both problems: If a door is too heavy, it’s difficult and unsafe to balance and operate; if it’s too light, it tends to buckle and break down frequently or may not close properly.

Suppose the design engineers determine that a standard garage door should weigh a minimum of 74 kg. and a maximum of 86 kg., which thus specifies its design quality specification. QIT is inspecting if there is evidence that the percentage of defective doors does not exceed 7%. Suppose the QIT decides to collect data on the actual weights of 60 standard garage doors sampled randomly from their monthly production of almost 2,000 doors. See the tables on the next page.

4.1 (2 point) What is the sample defective rate ?

4.2 (2 points) Formulate and test an appropriate set of hypotheses to determine if the machine can be qualified. Use α = 0.05. Find the P-value.

4.3 (2 points) What is the 95% confidence interval?

4.4 (2 points) What is the 99% confidence interval?

Table 2:

Please respond to the following three statements:

• Discuss the pros and cons of selling to customers on account rather than only accepting cash and check payments.

• List and describe at least two (2) differences between the Direct Write-off Method and the Allowance Method discussed in this chapter.

• List and describe at least two (2) differences between the Percentage-of-Sales method and Aging-of-Receivables method, both of which are under the allowance method of accounting for receivables.

"The authors of the course textbook, American Government and Politics, describe deliberation as 'reasoning on the merits of public policy, searching for the public interest or common good.' What are three features of American government that contribute to deliberative democracy?"

Research paper “Dynamic Risk Management” (JFE, Rampini, Sufi, Viswanathan) showed that those US airlines that experienced financial distress in 2004-2005 chose not to hedge their commodity price risk. As financial health of US airlines improved they became active hedgers. Please explain the paper’s findings from the point of view of the agency theory (conflict between shareholders and bondholders)