During the first 13 weeks of the television season, the Saturday evening 8:00 p.m. to 9:00 p.m. audience proportions were recorded as ABC 30%, CBS 27%, NBC 26%, and independents 17%. A sample of 300 homes two weeks after a Saturday night schedule revision yielded the following viewing audience data: ABC 94 homes, CBS 71 homes, NBC 88 homes, and independents 47 homes.
Test with α = 0.05 to determine whether the viewing audience proportions changed.
Find the value of the test statistic. (Round your answer to three decimal places.)
Find the p-value. (Round your answer to four decimal places.)
p-value =
In: Statistics and Probability
T cards are drawn from a deck of cards, with replacement. Assuming there are no Jokers (i.e. a deck of 52 cards) and rounding your answers to three decimal places, calculate the probability that:
a. the Hth card is a heart and the (H+F)th card is an ace. Ans.___________
b. the (L)th card is a King and the (2*H)th card is a King. Ans.___________
c. the (F+L)th card is a red and the (T-H)th card is red. Ans.___________
d. the (H+F)th card is odd and the (H+2*F)th card is even. Ans.___________
H = 6
T = 27
F = 3
L = 7
S = 47
Please do it correctly and need to show steps
In: Statistics and Probability
In September 2008, at the age of 35, Haile Gebrselassie, won the Berlin Marathon with a world record time of 2:03:59, breaking his own world record by 27 seconds (twenty-six 4 minute and 45 second miles). The record stood for three years. Since he was over the age of 35, that mark stood as the Masters Age group world record until September of 2019. Though he is considered one of the great distance runners of all time, he cannot run a 4-minute mile! He could not at age 35 either, so age is not the issue.
Describe at least two physiologic reasons why he is unable to do this
In: Anatomy and Physiology
Esperado Furnishings are retailers who purchase and sell household furnishings, including table lamps. The business uses a perpetual inventory system and adjusts cost of goods sold for any shortage or excess inventory. The business began the last quarter of 2018 with merchandise inventory of 10 pairs of “Italia” table lamps at a total cost of $168,200.
The following transactions, relating to the “Italia” brand were completed during the quarter: October 5 Purchased 15 pairs of lamps at a cost of $17,020 per pair. October 14 Sold 18 pairs of lamps to Muller Furnishings at $22,250 per pair October 22 Purchased 24 pairs at a cost of $18,175 per pair but the supplier gave a 4% quantity discount. November 10 Sold 15 pairs of lamps to Orion Household Ltd and 10 pairs to Brown’s Furnishings which yielded total sales revenue of $589,750. November 12 Owing to an increased demand for this product, 30 pairs of lamps were purchased on account at a cost of $17,612 per pair. In addition, Esperado paid $288 in cash on each pair of lamps to have the inventory shipped from the vendor’s warehouse to Esperado’s showroom. November 27 Sold 23 pairs of lamps to Middletown Company at a price of $25,080 per pair. November 30 An actual count of inventory was carried out which revealed that there were 15 pairs of the “Italia” brand in the warehouse. December 2 In preparation for the festive season, Esperado purchased 25 pairs of lamps at a total cost of $474,500. December 15 5 pairs of the lamps purchased on December 2 were returned to the supplier, as they were not of the brand ordered. December 30 Sold 22 pairs of lamps to two customers (Omega Traders & Middleton Furnishings) at a selling price of $26,550 per pair. All purchases were on account and received on the dates stated. Required:
In: Accounting
On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances:
| Accounts | Debit | Credit | ||||
| Cash | $ | 22,900 | ||||
| Accounts Receivable | 39,000 | |||||
| Allowance for Uncollectible Accounts | $ | 4,100 | ||||
| Inventory | 35,000 | |||||
| Land | 69,100 | |||||
| Accounts Payable | 29,900 | |||||
| Notes Payable (12%, due in 3 years) | 35,000 | |||||
| Common Stock | 61,000 | |||||
| Retained Earnings | 36,000 | |||||
| Totals | $ | 166,000 | $ | 166,000 | ||
The $35,000 beginning balance of inventory consists of 350 units, each costing $100. During January 2021, Big Blast Fireworks had the following inventory transactions:
| January | 3 | Purchase 1,400 units for $154,000 on account ($110 each). | ||
| January | 8 | Purchase 1,500 units for $172,500 on account ($115 each). | ||
| January | 12 | Purchase 1,600 units for $192,000 on account ($120 each). | ||
| January | 15 | Return 125 of the units purchased on January 12 because of defects. | ||
| January | 19 | Sell 4,600 units on account for $690,000. The cost of the units sold is determined using a FIFO perpetual inventory system. | ||
| January | 22 | Receive $665,000 from customers on accounts receivable. | ||
| January | 24 | Pay $495,000 to inventory suppliers on accounts payable. | ||
| January | 27 | Write off accounts receivable as uncollectible, $3,000. | ||
| January | 31 | Pay cash for salaries during January, $119,000. |
The following information is available on January 31, 2021.
I ONLY NEED HELP WITH A-D (all of the January 31st journal entries plus recording the closing entry for revenue and expenses.
In: Accounting
Modified True/False
Please indicate if the statement below is true or false. If the statement is false, indicate and make the correction to make the statement true. Each question is worth 5 points (there is a bonus). Partial answer (that is, the statement is false, but your correction is wrong) will get ½ credit.
1. General obligation bonds are less restrictive than revenue backed bonds with few limitations regarding the amount that can be issued.
True/False ____________________
Correction to make true ___________________________________________________________________________________
2. When issuing revenue backed bonds, receipts from all issuing governments sources are pledged to pay the interest and principal back to the bond purchasers.
True/False _______________________
Correction to make true
____________________________________________________________________________________
3. The theory of tax expenditures is what drives the rationale for investors to purchase State/local bonds of either type (general obligation/revenue backed)
True/False________________________
Correction to make true
___________________________________________________________________________________
4. The Federal American Recovery Act, signed into law by President Obama, provided a mechanism that achieved the goals of federal grant policy by correcting for externalities and providing for a macroeconomic stabilizing mechanism.
True/False _____________________
Correction to make true
____________________________________________________________________________________
5. Intergovernmental grants do not provide a mechanism in which you can effectively substitute the granting government’s tax revenue for that of the recipient government.
True/False ___________________
Correction to make true
____________________________________________________________________________________
6. Financing government expenditure through a user fee is similar to tax financing because in both revenue streams there is always a direct relationship between the amount of payment and the level of service received.
True/False ________________
Correction to make true
____________________________________________________________________________________
In: Economics
1. Felicia Álvarez, a bakery manager, faces the total product curve shown, which gives the relationship between the number of workers she hires each day and the number of loaves of bread she produces, assuming all other factors of production are given.
|
Number of workers per day |
Loaves of bread per day |
Marginal Product |
Marginal Revenue Product |
|
0 |
0 |
||
|
1 |
400 |
||
|
2 |
700 |
||
|
3 |
900 |
||
|
4 |
1,025 |
||
|
5 |
1,100 |
||
|
6 |
1,150 |
Assume that bakery workers in the area receive a wage of $100 per day and that the price of bread is $1.00 per loaf.
In: Economics
|
Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2015–2018 are as follows:
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|
There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 40%. |
|
(Hint: You may find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2015–2018.) |
| Required: |
| 1. |
Prepare the appropriate journal entry to record Alsup's 2016 income taxes, Alsup’s 2017 income taxes and Alsup’s 2018 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.)
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In: Accounting
| PepsiCo Revenues ($ millions), 2005–2010 | ||||||
| Quarter | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
| Qtr1 | 6,585 | 7,205 | 7,350 | 8,332 | 8,263 | 9,368 |
| Qtr2 | 7,697 | 8,599 | 9,607 | 10,945 | 10,592 | 14,801 |
| Qtr3 | 8,184 | 8,950 | 10,171 | 11,244 | 11,080 | 15,514 |
| Qtr4 | 10,096 | 10,383 | 12,346 | 12,729 | 13,297 |
18,155 |
(b) State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.
yt =___ + _____t +_____ Q1 +_____ Q2 +______ Q3
In: Statistics and Probability
| PepsiCo Revenues ($ millions), 2005–2010 | ||||||
| Quarter | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
| Qtr1 | 6,585 | 7,205 | 7,350 | 8,333 | 8,263 | 9,368 |
| Qtr2 | 7,697 | 8,599 | 9,607 | 10,945 | 10,592 | 14,801 |
| Qtr3 | 8,184 | 8,950 | 10,171 | 11,244 | 11,080 | 15,514 |
| Qtr4 | 10,096 | 10,383 | 12,346 | 12,729 | 13,297 |
18,155 |
(b) State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.
yt =___ + _____t +_____ Q1 +_____ Q2 +______ Q3
In: Statistics and Probability