After establishing their company’s fiscal year-end to be October 31, Natalie and Curtis began operating Cookie & Coffee Creations Inc. on November 1, 2018. The company had the following selected transactions during its first fiscal year of operations.

Jan.    1 Issued an additional 800 preferred shares to Natalie’s brother for $4,000 cash.

June. 30 Repurchased 750 shares issued to the lawyer, for $500 cash. The lawyer had decided to retire and wanted to liquidate all of her assets.

Oct.   15 The company had a very successful first year of operations and as a result declared dividends of $28,000, payable November 15, 2019. (Indicate the amounts payable to the preferred stockholders and to the common stockholders.)

Oct.   31 The company earned revenues of $472,500 and incurred expenses of $416,500 (including the $750 legal expense from November 1 but excluding income tax). Record income tax expense, assuming the company has a 20% income tax rate.

Instructions:

(a) Prepare the journal entries to record each of the above transactions.

(b) Prepare all of the closing entries required on October 31, 2019.

(c) Prepare the retained earnings statement for the year ended October 31, 2019.

(d) Prepare the stockholders’ equity section of the balance sheet as of October 31, 2019.

Question 6

In a recent sample of 84 used car sales costs, the sample mean was $6,425 with a sample standard deviation of $3,156.

Assume the underlying distribution is approximately normal.

Part I) Which distribution should you use for for determining a confidence interval for estimating the population mean for used car sales costs?

a   Normal Distribution

b     t Distribution

c     Uniform

d     Chi Sq distribution

Part II) What is the number of degrees of freedom (df) for this problem.

Par III) Define the random variable X by selecting the appropriate letter below.

a     An individual data item randomly selected from the population, some times referred to as the parent population.

b     The average of n individual data item randomly selected from the parent population. In this question n is 84.

Part IV) Define the random variable X ¯ (Xbar) by selecting the appropriate letter below.

c     An individual data item randomly selected from the population, sometimes referred to as the parent population.

d     The average of n individual data item randomly selected from the parent population. In this question n is 84.

Part V) Construct a 95% confidence interval for the population mean time wasted.

Enter your answers rounded to 0 decimal places (Enter answer as an integer).

In the two answer locations provided enter the lower bound of the confidence interval first followed by the upper bound.

Part VI)

What is meant by the term “95% confident” when constructing a confidence interval for a mean?

a.    If we took repeated samples, approximately 95% of the samples would produce the same confidence interval.

b     If we took repeated samples, approximately 95% of the confidence intervals calculated from those samples would contain the sample mean.

c     If we took repeated samples, the sample mean would equal the population mean in approximately 95% of the samples

d     If we took repeated samples, approximately 95% of the confidence intervals calculated from those samples would contain the true value of the population mean.

Find the compound amount for the deposit and the amount of interest earned.

$230 at 5.2% compounded semiannually for 17 years

The compounded amount after 17 years is $____?.

The amount of interest earned is $_____?

according to the US census bureau, the population of the US seniors65 and older, in the year 2004 was approximately 36,300,000 people. In the year 2010, it was 40,267,984 people. the senior population was growing at an approximately constant rate during this period.

(a)use this information to express the US senior population as a function of time since the year 2000.

(b) what is slope of your function? what does this mean in the context?

(c) what would this model indicate that the US population of seniors was in the year 2000? ( The actual population in that year was approximately 34,991,753)

(d) what does this model predict the US population of seniors to be for the 2020 census? Do you think this will be an overestimate or underestimate and why?

(e) when does your model predict the US population of senior to be 45,500,000 people?

What are the reasons for the appearance of US drug policies "softening" in the US?

Let’s model the inheritance of a genetic trait, for example eye color. Every individual has a pair of chromosomes for eye color, and an offspring gets one chromosome from each parent. Say a represents a brown-eye gene, and b represents a blue-eye gene, and that brown is dominant (meaning the eye will be brown if the individual carries at least one a gene, and only bb pair will result in blue eyes). The order in the pair does not matter. We also know that throughout the population, the probability that a randomly chosen eye-color gene is a is given by p (so P{b} = 1 − p), and that mate selection is independent of eye color. How can we model the gene passage from a parent to a child using Markov Chain? Please specify states and transition probabilities.

Assuming you are dealing with a finite statistical population of lemmings,
whose parametric mean is estimated at 63.5 g and the parametric variance at 148.84
g2.

4. What would be the probability of randomly selecting, in this population, individuals
weighing less than 41.0 g?
5. What would be the probability of randomly selecting, in this population, an individual
whose weight would be between 60.0 and 70.0 g?

6. What is the probability, still in this population, that an individual weighs between
50.0 and 60.0 g?
7. What would be the standard deviation of the average of all possible samples of 10
elements taken from this population?

A random sample of n = 500 observations from a binomial population produced x = 250 successes. Find a 90% confidence interval for p. (Round your answers to three decimal places.)

Interpret the interval:

A. In repeated sampling, 90% of all intervals constructed in this manner will enclose the population proportion.

B. 90% of all values will fall within the interval.

C. In repeated sampling, 10% of all intervals constructed in this manner will enclose the population proportion.

D. There is a 10% chance that an individual sample proportion will fall within the interval.

E. There is a 90% chance that an individual sample proportion will fall within the interval.

You are giving a brief speech to your campus community titled “Lessons From Scandinavian Social Democracies.” Draft this speech, with an emphasis on what we in the US can learn from other political systems. Identify important strengths and/or drawback in the Nordic model.

1. The substitution effect of a price increase:

A. the consumer to purchase less of the good that is now relatively more expensive.

B. causes the consumer to purchase more of the good whose price has risen.

C. can cause the consumer to purchase either more or less of the good.

D. has no effect on the amount purchased of either good.

2. Income Effect refers to

A.change in consumption choices resulting from a change in relative prices

B.change in consumption choices resulting from a change in purchasing power

C. change in consumer's preference

D. an change in happiness when you get a raise

3. What is (are) the condition(s) of the theoretical budget constraint that we need to draw to find the substitution effect?

A.parallel to the new budget constraint

B.but tangent to the old indifference curve

C.parallel to the new budget constraint, but tangent to the old indifference curve

D. parallel to the new budget constraint, tangent to the old indifference curve, and below the new indifference curve

4. The market quantity demanded at each price is

A.the difference of the individual quantities demanded at each price

B.the highest individual quantities demanded

C.the lowest individual quantities demanded

D. the sum of the individual quantities demanded at each price

5. What do we call the observed change in consumption of a good after a price change?

A.The income effect

B.The price effect

C.The total effect

D.The substritution effect

Please type it out