(TCOs 3, 5) Discuss the three steps to follow when trying to distinguish between kinds of deductive arguments.
In: Psychology
Fill out Financial Statement Effects Template based on the following information:
In early July 2003, a consulting engineer delivered the prototypes of the Chemalite that he had been developing, and he was paid a total of $23,750.
During the six months from July to December 2003, Chemalite sold $754,500 of its product. The largest single purchaser, the auto parts distributor with whom Peterson had negotiated, still owed Chemalite, Inc., $69,500. All other customers’ accounts were paid in full by year- end.
Additional chemicals and plastics were purchased for a total of $175,000. All of these purchases were paid for in cash.
Chemalite, Inc., spent $22,500 on television and trade journal advertising to introduce the product.
During the six months ended December 31, 2003, the company expended $350,000 on direct manufacturing labor and on manufacturing-related overhead (rent, utilities, supervisory labor). An additional $80,000 was spent on corporate salaries and other corporate expenses.
In early July, a further $150,000 was spent on machinery to be used in the production of Chemalites.
During the period, the company had borrowed $50,000 for a short time and repaid the loan by year-end. The interest paid on the loan amounted to $750.
In preparing his state-of-the-corporation report, Alexander noted with some anxiety that the company’s bank balance had fallen a further $117,000 from the $230,000 reported in June to only $113,000. It bothered him because he believed that the company was really doing quite well, and he failed to understand why the bank account did not appear to reflect this condition. In surveying the cash outflows incurred by Chemalite, Inc., over the entire year, he noted the following:
The machinery used in the production of the Chemalites was general purpose machinery, not restricted to Chemalite production, that might reasonably be expected to last for 10 years—six months of which had already passed.
There was still a stock at December 31 of $55,000 worth of plastics and chemicals in the warehouse; however, there were no finished or partially finished Chemalites at yearend.
Although the patent that the company had acquired from Alexander had a legal life of 20 years, he expected competitors to develop equivalent products that did not use the patented technique in about five years.
Alexander was quite confused by the worth of the prototypes. They had directly resulted in the development of the product the company was presently selling, so perhaps their value had actually increased over the last six months of 2003.
The committee organizing The Olympic Games, Athens 2004, had placed a firm order with the company for 60,000 Chemalites at a price of $1.50 each. It was their intention to give a Chemalite to each person at the opening ceremony of the 2004 Olympic Games and to have athletes and fans light their Chemalites, symbolic of the Olympic flame.
In: Accounting
Michelle Grace is a frequent traveler between Australia and New Zealand. For the past month, she wrote down the flight times on three different airlines. The results are :
Alpha
51
51
52
51
47
60
62
80
Bravo
50
52
52
49
58
52
40
Charlie
52
55
60
42
42
a.Use the 0.05 significance level to check if there is a difference in the mean flight times among the three airlines
b.Is there different between Alpha and Charlie (use 0.05 significant level)
In: Statistics and Probability
Your insurance company has coverage for three types of cars. The annual cost for each type of car can be modeled using Gaussian (Normal) distribution, with the following parameters:
Use the Random number generator and simulate 1000-long columns, for each of the three cases. Example: for the Car Type 1, use Number of variables=1, Number of random numbers=1000, Distribution=Normal, Mean=520 and Standard deviation=110, and leave random Seed empty.
Next, use either sorting to construct the appropriate histogram or rule of thumb to answer the questions:
13. What is approximate probability that Car Type 1 has an annual cost less than $350?
14. Which of the three types of cars is least likely to cost less than $350?
15. For which of the three types we expect that (approximately) 95% of cases will be between $300 and $740?
In: Statistics and Probability
Your insurance company has converage for three types of cars. The annual cost for each type of car can be modeled using Gaussian (Normal) distribution, with the following parameters:
Use the Random number generator and simulate 1000-long columns, for each of the three cases. Example: for the Car Type 1, use Number of variables=1, Number of random numbers=1000, Distribution=Normal, Mean=520 and Standard deviation=110, and leave random Seed empty.
Next, use either sorting to construct the appropriate histogram or rule of thumb to answer the questions:
13. What is approximate probability that Car Type 1 has an annual cost less than $350?
14. Which of the three types of cars is least likely to cost less than $350?
15. For which of the three types we expect that (approximately) 95% of cases will be between $300 and $740?
Task 3
In: Statistics and Probability
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In: Accounting
Option #1: Accounting Cycle Part A Listed below are the transactions for Ajayi Art, Inc. for the month of July: July 1 Ajayi Art, Inc. is started with an investment of $250,000 cash. July 1 Ajayi purchases office equipment for $22,250 by signing a 10% note (interest and principal to be paid over the next 12 months). July 6 Pays rent for the art gallery in advance for the next three months with a check for $3,000. July 8 Purchases art supplies from Wacky Art Co. on credit for $10,300. July 9 Receipt of $3,500 from a customer who has commissioned a piece of custom art to be completed by the end of the year. July 11 Pays miscellaneous office expenses totaling $375 in cash. July 13 Bills customers $4,300 for art classes provided in June. July 15 Pays $3,500 to Wacky Art Co. July 20 Receives $1,900 from customers on account. July 30 Ajayi records $3,800 in salaries for the month of July. Paychecks will be disbursed to employees on August 2nd. Enter the transactions shown above in appropriate general ledger accounts (use T-accounts). Use the following ledger accounts: Cash, Accounts Receivable, Supplies on Hand, Office Equipment, Accumulated Depreciation, Accounts Payable, Common Stock, Service Revenue, Rent Expense, Miscellaneous Office Expense, Office Salaries Expense, Supplies Expense, Depreciation Expense, and Income Summary. Prepare an unadjusted trial balance. Record depreciation using a 5-year life on the office equipment, the straight-line method, and no salvage value. Round to whole numbers. Also, record an adjustment for art supplies used in the amount of $1,510 and record interest expense for the note. Prepare an adjusted trial balance. Prepare an income statement, a statement of retained earnings, and an unclassified balance sheet. Prepare closing entries. Part B In a one-page memo conforming to the CSU-Global Guide to Writing and APA, provide an explanation to the management team on July's financial performance. I need both Part A And Part B. Thanks in advance
In: Accounting
{Exercise 3.37 (Algorithmic)} Consider a sample with a mean of 60 and a standard deviation of 6. Use Chebyshev's theorem to determine the percentage of the data within each of the following ranges (to the nearest whole number). 50 to 70, at least % 35 to 85, at least % 52 to 68, at least % 46 to 74, at least % 43 to 77, at least %
In: Statistics and Probability
Does anyone have the answers or a guide to a case study on i-human for David Douglas? He is a 74 y/o patient, 6' 0" (183 cm), and 165.0 lb (75.0 kg). His admission diagnosis is "Day 1 Rehab for left total hip arthroplasty, post-op day 5"
In: Nursing
Ask the user for a filename. In binary format, read all the integers in that file. Show the number of integers you read in, along with the maximum and minimum integer found. Language is Java.
/////////////input/////////
n1.dat
////////// output//////////
Enter a filename\n Found 50 integers.\n Max: 9944\n Min: 74\n
In: Computer Science