at a large University the graduation rate for the general student body was reported to be 0.66 we want to compare the center spread and shape of the distribution of sample proportion graduating from random samples of five students compared to the distribution and random samples of 50 students what is the center of the distribution for samples of size 5 round the answer to two decimal places

Problems: (Please show your work and formulas you use for each problem)

A random sample of 4 college students was drawn from a large university. Their ages are 22, 17, 23, and 20 years.

a) Test to determine if we can infer at the 5% significance level that the population mean is not equal to 20.

b) Interpret your conclusion.

Search from library or internet one academic article (written by university teachers) about BDA's conceptual modelling and give summary of the article. (at least 250 words)

“Conceptual Model Development of Big Data Analytics Implementation Assessment Effect on Decision-Making” by Cecilia Adrian, Rusli Abdullah, Rodziah Atan, Yusmadi Yah Jusoh

Purpose: This assignments will assess knowledge of qualitative factors relating to differential analysis. The assignment is related to CLO5: Identify, construct, and appraise budgets for effective management.

Requirement: After reading all budgeting resources and viewing the videos, answer the following question 4 questions. If a narrative is required, create answers in your own words, using complete sentence structure and grammar. Please use citations if applicable.

The attached rubric displays grading criteria. For this specific assignment, feedback will be given 24 hours after the due date. This assignment should be processed through individual efforts. It is not a group assignment.

Part I: The General Manager  

1. Your budget analysis is out on FMLA and as a general manager, you need to prepare a quarterly budget for your company. You are budgeting a sales price of $110 per unit and they estimate they will sell 150 units in October and unit sales will increase by 5% each month after that. How many units are estimated to be sold in October, November, and December? (Round to nearest whole units and nearest whole cent.)

2. Using the Sales from above you will now estimate the selling expense budget for the quarter. The sales manager makes $50,000 per year plus a 10% commission from all sales made during the month. Complete the chart below to determine the selling expense for each month and the total for the quarter. (Round your answers to the nearest whole cent.)

Part II: The Consultant

3. You are reviewing a flexible budget report for a company. Indicate whether each variance in ABC Contracting’s Flexible Budget Report below is either Favorable or Unfavorable.

As a consultant, you need to explain to ABC Contracting variance concepts. What does it mean when a variance is described as a favorable variance and as an unfavorable variance?

4. You are a consultant for a start-up company, called Cycle Lovers Corporation, and it does not want to create a budget for the next fiscal year. The chief executive officer (CEO) of Cycle Lovers Corporation remarked to a colleague, "I do not understand why other companies waste so much time in the budgeting process. I set our company goals, and everyone strives to meet them. What is wrong with that approach?" Write a memorandum to the CEO stating whether you agree with this comment or not and explain why. The heading of the memorandum should contain the date, to whom it is written, from whom, and the subject matter.

Martin S. Albert (Social Security number 111-11-1111) is 39 years old and is married to Michele R. Albert (Social Security number 123-45-6789). The Alberts live at 512 Ferry Road, Newport News, VA 23601. They file a joint return and have two dependent children, Charlene, age 17, and Jordan, age 18. Charlene’s Social Security number is 123-45-6788, and Jordan’s Social Security number is 123-45-6787. In 2020, Martin and Michele had the following transactions:a.Martin received $120,000 in salary from Red Steel Corporation, where he is a construction engineer. Withholding for Federal income tax was $10,750. The amounts withheld for FICA taxes were as follows: 3$7,049($113,700 6.2%) for Social Security and 3$1,740($120,000 1.45%) for Medicare. Martin worked in Mexico from January 1, 2019, until February 15, 2020. His $120,000 salary for 2020 includes $18,000 he earned for January and one-half of February 2020 while working in Mexico.b.Martin and Michele received $400 interest on Montgomery County (Virginia) school bonds.c.Martin received $2,300 interest from a Bahamian bank account.d.Michele received 50 shares of Applegate Corporation common stock as a stock dividend. The shares had a fair market value of $2,500 at the time Michele received them, and she did not have the option of receiving cash.e.Martin and Michele received a $1,200 refund on their 2019 Virginia income taxes. Their itemized deductions in 2019 totaled $34,000 and included state taxes of $7,400.f.Martin paid $6,600 alimony to his former wife, Rose T. Morgan (Social Security number 123-45-6786). The divorce was finalized in 2016" "Martin S. Albert (Social Security number 111-11-1111) is 39 years old and is married to Michele R. Albert (Social Security number 123-45-6789). The Alberts live at 512 Ferry Road, Newport News, VA 23601. They file a joint return and have two dependent children, Charlene, age 17, and Jordan, age 18. Charlene’s Social Security number is 123-45-6788, and Jordan’s Social Security number is 123-45-6787. In 2020, Martin and Michele had the following transactions:a.Martin received $120,000 in salary from Red Steel Corporation, where he is a construction engineer. Withholding for Federal income tax was $10,750. The amounts withheld for FICA taxes were as follows: 3$7,049($113,700 6.2%) for Social Security and 3$1,740($120,000 1.45%) for Medicare. Martin worked in Mexico from January 1, 2019, until February 15, 2020. His $120,000 salary for 2020 includes $18,000 he earned for January and one-half of February 2020 while working in Mexico.b.Martin and Michele received $400 interest on Montgomery County (Virginia) school bonds.c.Martin received $2,300 interest from a Bahamian bank account.d.Michele received 50 shares of Applegate Corporation common stock as a stock dividend. The shares had a fair market value of $2,500 at the time Michele received them, and she did not have the option of receiving cash.e.Martin and Michele received a $1,200 refund on their 2019 Virginia income taxes. Their itemized deductions in 2019 totaled $34,000 and included state taxes of $7,400.f.Martin paid $6,600 alimony to his former wife, Rose T. Morgan (Social Security number 123-45-6786). The divorce was finalized in 2016"

1)What is the 2020 Adjusted Gross Income for Martin and Michele Albert?

2)What is the 2020 taxable income for Martin and Michele Albert?

3)What is the tax due (refund) for Martin and Michele Albert for 2020?

Katherine has an estimated Cobb-Douglas utility function of U = q1^0.25q2^0.75 for food, q1, and housing, q2. The price for food is arbitrarily set at $1 per unit and the average monthly rent near the University of Chicago , p2, is a dollar fifty per square foot. Caroline, like the average University of Chicago student spend $750 on food and housing per month.

     (a) Using calculus, solve for Katherine's optimal quantities of housing and food. Provide the marginal utility of income.

     (b) What is Katherine's utility at the optimal bundle?

     (c) Due to panic buying and logistical difficulties due to the coronavirus, suppose the per-unit price of food increases by 25% (p1= $1.25), what is Katherine's new utility facing this price increase?

     (d) How much money would Katherine need to completely offset the harm from the price increase?

     (e) How much money would one have to take from Katherine to harm her as much as the price increase?

Suppose SFU has figured out a way to deliver the lectures all around the world in a way that creates a demand for their lectures because in some way they're better than the lectures that you could get from other universities. They evaluate the demand in Korea and demand in Germany. The demands are as follows:

PK = 5,000 – 0.5QK

PG = 3,000 – 0.5QG

where PK and PG are the prices per course (per student) in Korea and Germany, respectively, and QK and QG are the number of students in Korea and Germany willing to enroll at those prices, respectively.

The cost of online delivery is C = 1,800Q, where Q is the total number of students enrolled (i.e., Q = QK + QG).

But the university probably would get the idea that it's not that difficult to distinguish students in Germany from students in Korea by checking, for instance, their citizenship documents when they register for the course and/or checking the location of their ISP (i.e., the university could solve the identification problem on the group level, i.e., tell whether a student is in Germany or in Korea and the university does not really face an arbitrage problem).

SFU decides to practice the 3rd degree (linear) price discrimination.

6. What price would SFU charge in Germany?

7. What price would SFU charge in Korea?

8. What would be their online enrollment in Korea?

9. What would be their online enrollment in Germany?

10. What would be their total online enrollment?

11. What would be the combined surplus in all the markets? I.e., what is the sum of the consumer surplus in Korea, consumer surplus in Germany, and SFU’s producer surplus from selling the instruction in both countries?

Additional information:

Calculate all possible liquidity, solvency, and profitability ratios for 2021. (Round answers for Collection period, Days sales in inventory, Operating cycle and Free cash flow to 0 decimal places, e.g. 125. Round answer for Earnings per share to 2 decimal places, e.g. 12.56. Round all other answers to 1 decimal place, e.g. 12.5 or 12.5%. )

The Angela’s home cleaning ltd provides home cleaning services. The following is the 1 March 2020 Trial Balance (TB). The company has not made all the March entries but the required info is given below. You will be asked to update the accounts as at 31 March 2020.

angela’s Cleaning COMPANY

Angela’s

Unadjusted Trial Balance

1 March 2020

            Cash...................................................................................... $ 5,700

            Accounts receivable...........................................................      1,800

            Cleaning supplies...............................................................         800

            Accounts payable...............................................................                              300

            Dividend payable................................................................                              500

            Dividends ............................................................................         500                                 Capital Stock ...............................................................................................      6,000

            Retained earnings...............................................................                           1,400

            Client revenue.....................................................................                           5,800

            Salaries expense................................................................      3,100

            Travel expense....................................................................      1,500

            Printing expense ................................................................         600

                                                                                                             $14,000       $14,000

the following transaction happened in march

1. Mar 10 Purchased a car for the business. Paid cash amounting to USD4,000
2. Mar 10 -Decided to give to its senior director gym membership for 12 months starting 1 Mar for USD600 for the year. This was paid on 10 March.
3. Mar. 15. Collected USD600 from client recorded on accounts receivable
4. Mar. 16 Issued shares for USD2,000
5. Mar. 16 Purchased cooking supplies for USD600 and paid for it via notes payable. The notes payable is due in 6 months time at interest rate of 4%.

ADJUSTING ENTRIES

6. Mar 31 Made an accrual for staff bonuses of USD1,000 payable in April.
7. Mar 31 Billed home owners on sales of USD2,000 and the amount if due in May 2020
8. Mar 31 Recorded and paid Mar salaries of USD700
9. Mar 31 Made an accrual for tax of USD400 and March telephone bill for USD120 .
10. Mar 31 wrote off bad debts of USD50 in accounts receivable.
11. Mar 31- Record interest for notes payable – item 5

Instructions

1. For each of the above data prepare journal entries and show the T accounts. 15%
2. Prepare a new trial balance after including these additional adjusting entries. 10%
3. Prepare an income statement 10%
4. Prepare a balance sheet 10%

Please show any working where required.