United Airlines has surveyed 50 random business travelers. The business travelers were asked to rate their overall satisfaction with their experience with United Airlines, where 10 was the highest rating. Using the tools in Excel, develop a 95% confidence interval estimate (mean, low, high) of the population mean rating for United Airlines.

E13.17 Contributions Received on Behalf of Others

The United Way receives contributions and distributes them to other NFP organizations. Some of its transactions for the current year are as follows:

1. Donors contribute $5 million, designated to specific unaffiliated NFP organizations. $3 million of this money is distributed according to donor wishes during the current year.

2. Donors contribute $2 million, to be distributed to unaffiliated NFP organizations selected by United Way. United Way distributes $1.8 million of these donations in the current year.

3. Donors contribute $1 million, to be distributed to a specific affiliated organization. United Way distributes $900,000 of these donations in the current year.

Required

Prepare journal entries to record the above activities. If the item affects net assets, identify the category affected.

Question 110 pts

The relatively short-term changes in allele frequencies within a population is __________.

Group of answer choices

Adaptation

Microevolution

Fitness

Natural Selection

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Question 210 pts

This world has many, diverse forms inhabiting every nook and cranny on, above, and below the surface of this Earth.

Group of answer choices

True

False

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Question 310 pts

The _______ occurs when large numbers of a population die off leaving a small gene pool in the surviving population.

Group of answer choices

Founder Effect

Bottleneck Effect

Pinched Neck

Reduced Viability Effect

Punctuated Equilibrium Effect

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Question 410 pts

The Founder Effect occurs when __________.

Group of answer choices

many members of a population reproduce causing too much genetic diversity within the population

small groups of individuals leave their home population and establish new settlements, mating only among themselves

many members of a population die, resulting in a great loss of genetic diversity

large groups of individuals leave their home population and establish new settlements, mating only among themselves

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Question 510 pts

__________ is the movement of gene sets in and out of a population due to death, immigration, emigration, etc. smoothing out the variations in characteristics over time.

Group of answer choices

Gene Transfer

Gene Growth

Lipid Flow

Gene Flow

Protein Flow

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Question 610 pts

____________ is the change in large characteristics of a group of organisms leading to novel traits, new species, and unique new groups of organisms.  

Group of answer choices

Microevolution

Macroevolution

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Question 710 pts

A _________ is a group of individuals of the same species living in the same place at the same time.

Group of answer choices

Community

Biome

Ecosystem

Species

Population

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Question 810 pts

__________ Selection is a type of Natural Selection which tends to move the most common form toward one of the extremes.

Group of answer choices

Destabilizing

Stabilizing

Unidirectional

Diversifying

Directional

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Question 910 pts

The _________ occurs when a small group of individuals are the entire gene pool of all future generations of a species producing traits which are not necessarily characteristic of the original, large population.

Group of answer choices

Reduced Viability Effect

Punctuated Equilibrium Effect

Bottleneck Effect

Pinched Neck

Founder Effect

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Question 1010 pts

Which one of the following would a Biologist describe as Microevolution?

Group of answer choices

a change in the gene pool of a population from one generation to the next but no new species are formed

the formation of new species

the extinction of species

dramatic biological changes, such as the origin of wings on a bird which leads to a new novel characteristic and true flight

The following information relates to SFS Co . for the year 2020. SFS, Capital, January 1, 2020……. $ 48,000

Advertising expense.. $ 1,800

SFS, Drawings, during 2020………… 7,000

Rent expense ………12,000

Service revenue …………………………………67,000 ………

Utilities expense……. 3,100

Salaries expense…………………………………. 30,000

Instructions After analyzing the data, prepare an income statement and an owner’s equity statement for the year ending December 31, 2020.

During 2020, Vaughn Manufacturing incurred weighted-average accumulated expenditures of $1730000 during construction of assets that qualified for capitalization of interest. The only debt outstanding during 2020 was a $2000000, 12%, 5-year note payable dated January 1, 2020.

What is the amount of interest that should be capitalized by Vaughn during 2020? Question 10 options: a) $240,000 b) $207,600 c) $0 d) $32,400

VAT Deductible and VAT Received for Company C in a given tax period are as follows.

Required: a) Fill VAT tax return number on the table for each month.

b) Close the VAT Accounts and make the journal entries at the end of April, May, June 2020.

c) If it is necessary make journal entries for VAT payment to the tax offices on 26 May, 26 June, 26 July 2020.

Owen Company forgot to accrue $3,000 of salaries its employees had earned at the end of 2019. It paid and expensed the salaries in 2020. It also, in 2019, recorded $4,000 of sales as an account receivable; however, the sale really did not take place until 2020, and it should have recognized the revenue in 2020. It collected the money from the sale early in 2020.

Provide the impact of the errors on the following:

Assets as of 12/31/19: $_____________ Overstated Understated

Assets as of 12/31/20: $_____________ Overstated Understated

Liabilities as of 12/31/19: $_____________ Overstated Understated

Net income for 2020: $_____________ Overstated Understated

Suppose you use a call spread strategy on 4/15/2020, by buying a Facebook call option with the strike price of $180 at $7 and selling a Facebook call option with the strike price of $195 at $2. Both call options mature on 5/15/2020.

1. What is your total payoff and profit if Facebook share is traded at $170 on 5/15/2020?
2. What is your total payoff and profit if Facebook share is traded at $185 on 5/15/2020?
3. What is your total payoff and profit if Facebook share is traded at $200 on 5/15/2020?