Assume you have found a USB memory stick in a car park, and you plugged the USB memory stick to your computer. Answer the following questions

1.  What are the security key objectives that could be threaten?

2.  Identify and define three types of malware, and give examples about how could they transported from the USB memory stick to your computer.

3.   What could you do to mitigate the security threats and use the contents of the USB memory stick safely?

For each of the following scenarios, begin by assuming that all demand factors are set to their original values and Big Winner is charging $300 per room per night.

If average household income increases by 20%, from $50,000 to $60,000 per year, the quantity of rooms demanded at the Big Winner (falls OR rises) from (..........) rooms per night to (.........) rooms per night. Therefore, the income elasticity of demand is ( positive OR negative ) , meaning that hotel rooms at the Big Winner are ( an inferior good OR an normal good)  

If the price of an airline ticket from SFO to LAS were to increase by 10%, from $200 to $220 roundtrip, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Big Winner (falls OR rises)   from (..........) rooms per night to (.........) rooms per night. Because the cross-price elasticity of demand is ( positive OR negative ) , hotel rooms at the Big Winner and airline trips between SFO and LAS are ( substitutes OR complement ).

Big Winner is debating decreasing the price of its rooms to $275 per night. Under the initial demand conditions, you can see that this would cause its total revenue to ( decrease OR increase ) Decreasing the price will always have this effect on revenue when Big Winner is operating on the ( elastic OR inelastic ).

About Hotel Legislation

1.“An innkeeper has a duty to provide goods and services in a non-discriminatory manner. An innkeeper should also be an equal opportunity employer.”

-What does this statement mean? Give three examples where discriminatory practices occur in the hotel industry.

2.“The Innkeepers Act 1952 protects innkeepers against petty or non-genuine complaints from guests.”

-Analyze this statement with three examples.

3.“An innkeeper can exclude liability for the loss or damage of a guest’s property, regardless of the value of that property.”

-With reference to the relevant statute, identify three measures that an innkeeper can take as regards the handling of guests’ properties.

4. “Under section 4 of the Innkeepers Act 1952, an innkeeper’s liability for the loss or damage of a guest’s property does not exceed RM500. However, there are exceptions.”

-Identify two situations where an innkeeper’s liability for the loss or damage of a guest’s property may exceed RM500.

5. “A foodservice provider can be liable to customers in tort law.”

-Discuss a foodservice provider’s potential liabilities in tort law with three case law examples.

6. “The Food Act 1983 imposes various responsibilities on a foodservice provider. Failure to comply with the Act can result in fine or imprisonment.”

-Analyze two sections of the Act that impose duties on a foodservice provider.

Royal Park Ltd is an existing company that has issued previously 300,000 ordinary shares of $8 each and 100,000 5% preference shares of $15 each.

On 1^st January 2019, Royal Park Ltd offered to issue an additional 250,000 ordinary shares for $11, payable in two installments:

• $7 initially on application;
• $4 payable based on calls as required.

Applications for 400,000 shares were received by the closing date of 30^th January 2019.

On 10^th February 2019, shares were allotted, and a refund was made to unsuccessful applicants.

Directors announced on 30^th June 2019 a profit after tax of $900,000.

On 7^th July 2019, the board of directors during the Annual General Meeting announced that the company will pay preference dividends and ordinary dividends of 6.2 cents per fully paid equivalent share from retained earnings.

On 3^rd August 2019, payment was made for dividends declared.

Required:

a) Prepare the general journal entries to record the information above.                   

Narrations are NOT required.

b) b) One of the existing shareholders of the company was upset about the approach the company used in issuing additional shares this year. They believed existing shareholders should have been considered first to raise the funds. List and discuss the approach the shareholder is referring to.

I want you to apply the concepts we have discussed in class in a fun way. I do hope you will enjoy this exercise. Once upon a time, there was an amazing group of students who lived in Cronfwoman OneFiveOne. Right next to their house, was a hotel and within that hotel was a café called Café Bastel. The amazing students were approached by an investor, Ms Finn Ance Major, who asked for their help. The investor was contemplating buying Café Bastel for $1 million and wondered if that was a good investment. What is your recommendation to Ms Finn Ance Major? Here is some information to get you started:

1. The café sells (non‐alcoholic) beverages as well as snacks and lunch

2. The café is open for 7 days, from 7am to 7pm

3. At any point in time, there are 2 employees working in the café

4. The investment horizon is 10 years 5. Use a discount rate of 12%

6. Use a tax rate of 35% You will need to make assumptions (capex, working capital…..).

There is no “right” answer – first think about the big picture (strategy, marketing, ….) and then how that story translates into your assumptions. You will be graded based on the structure of your analysis, the consistency and realism of your assumptions, your creativity, and your use of the tools/learnings from class.

1. A statistician is interested in the gross earnings of several of her favorite bands. She took a random sample of 30 of the Rolling Stones’ North American concerts, and found that the gross earnings averaged $2.27 million with a standard deviation of $0.5 million. One source suggests that the average gross earnings per concert for every stadium performance in North America is $2.11 million. Do the Rolling Stones earn more on average? Test at a 5% level of significance

2. A survey was conducted about the cost for a family of four to visit an amusement park for one day. A sample of 32 families yielded an average cost of $190.28 with a standard deviation of $51.75. Last year, a magazine published that the average cost for a family of four to visit an amusement park was $175. Based on the sample data above, can we conclude that the mean cost is actually higher than this at α=.05

3. According to a large local high school, senior students have a mean GPA of 3.07. A random sample of 38 seniors taking AP courses showed a mean GPA of 3.29 with a standard deviation of 0.42. At the 1% level of significance, can it be stated that seniors taking AP courses have a different GPA than the senior class as a whole?

Pine rockland is an endangered ecosystem found only in South Florida. Invasive plant species threaten pine rockland by out competing the native plants and providing no nutritional value to native wildlife. The largest tract of pine rockland in Everglades National Park is at Long Pine Key. Scientists with the National Park Service are interested in knowing how effective different frequencies of prescribed burns are at removing invasive plant species. They measured the density (individuals/m²) of invasive plant species in an area that was not burned (no burn), an area that was burned once in the last 5 years (infrequent burn), and an area that was burned 5 times in the last 5 years (frequent burns). For each area, sampling was conducted by measuring the density at 20 random points.

Based on observations of these three areas and the need to decrease invasive species in these ecosystems, we could put forth the following question: How does the frequency of prescribed burns affect invasive plant species in pine rockland ecosystems?

1. For the study above, identify the following: (4 points)
   1. Population: All invasive Plant species in Pine Rockland Ecosystem.
   2. Sample: 20 random points in each area
   3. Parameter:
   4. Statistics
2. For the study above, identify the following: (3 points)
   1. Dependent Variable
   2. Independent Variable
   3. Is the independent variable categorical or numerical?

Diana Cohen received the following revenue during the year (she uses the cash method of accounting). Consulting revenue reported to her on a Form 1099-MISC, Box 7 High-end Retail $32,000 Jensen’s Health Products $8,500 Strategic Solutions $3,750 Board of director compensation reported to her on a Form 1099-MISC, Box 7 Natural Sunshine, Inc. $6,500

During the year, Diana paid the following business expenses: Consultant-related: Airfare $2,900 Hotel $1,450 Meals $390 Parking $320 Diana drove 290 business miles for her consulting-related activities (she has documentation to verify) Board of Director-related: Meals $125 Hotel $225 Diana drove 315 business miles for her board of director activities (she has documentation to verify) Neither of Diana’s business activities required the filing of Form(s) 1099 to report payments she made during the tax year. In addition, Ms. Cohen drove a 2014 Lexus purchased on January 1, 2014 for all her business mileage. She drove the vehicle a total of 10,605 miles during the year for all purposes. Diana has written documentation to support the mileage amounts. She also has access to another vehicle for personal purposes.

Melissa recently paid $610 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $385 fee to register for the conference, $335 per night for three nights’ lodging, $300 for meals, and $175 for cab fare.

a. What amount of the travel costs can Melissa deduct as business expenses?

b. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sightseeing, she paid $1,660 for transportation, $910 for lodging, and $375 for meals during this part of her trip, which she considers personal in nature. What amount of the travel costs can Melissa deduct as business expenses?

c. Suppose that Melissa’s permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $385 for the registration fee. She drove 75 miles over the course of three days and paid $170 for parking at the conference hotel. In addition, she spent $475 for breakfast and dinner over the three days of the conference. She bought breakfast on the way to the conference hotel and she bought dinner on her way home each night from the conference. What amount of these costs can Melissa deduct as business expenses?

A) A person can take either of two routes to work, through Matteson or Richton Park. Both take on average 35 minutes, and travel times are Normally distributed. But are the variances of the travel times different? A random sample with n = 6 using the Matteson route, and another random sample with n = 7 using the Richton Park route, showed a variance of 40 (units: square minutes) and 30 respectively. To test whether the variances are different, the following test of hypothesis is to be carried out: H0: sigma subscript 1 superscript 2 space equals space sigma subscript 2 superscript 2 H1: sigma subscript 1 superscript 2 space not equal to space sigma subscript 2 superscript 2 To test this at 10% level of significance, what is the critical value for the test statistic? (Give two decimal places)

B) A supermarket claims that the average wait time at the checkout counter is less than 9 minutes. We can assume that the population is Normally distributed.

Consider

H0: mu >= 9

H1: mu < 9

A random sample of 50 customers yielded an average wait time of 8.5 minutes and a standard deviation of 2.5 minutes.

What is the value of the test statistic (tstat or t-sub-xbar)?

(Provide two decimal places)