Golfgamez is an idea for a business that sells a mobile phone app for golfers. This app has three key functions: 1) GPS-enabled scoring & record-keeping, 2) facilitation of side bets between golfers, and 3) offering coupons for discounted golf merchandise from third-party retailers.

This business will have three revenue streams (i.e. app purchases, in-app coupon purchases, and in-app gambling). As you develop this concept, will you stick with all three of these streams, or will you eliminate any? Are there other/alternative streams of revenue you might add? Assuming we define our target market more specifically than "American golfers who own smart phones," what additional characteristics might you use to define your target market? Why?

10. Kyla C. is a 27-year-old professional woman who is 5 feet 8 inches tall and vigilantly maintains her weight at 118 pounds by following a lacto-ovo (non-fat milk and egg whites only) vegetarian diet that supplies approximately 1200 kcalories a day. With her understanding that protein should provide between 10 and 35 percent of her daily calories, she reasons that her daily intake of 40 grams of protein from milk, eggs, legumes, and nuts is adequate for her needs. She is concerned, however, that she has been sick more than usual and has experienced two stress fractures in her leg over the past three years while exercising.

a.         Explain why Kyla’s assumptions about her protein needs are unrealistic based on her current weight.

1. Assuming a healthy weight for Kyla is 141 pounds, use the information from the “How to” feature (p. 186) in your text to calculate her recommended daily protein requirement. Show your calculations.

2. What percentage of Kyla’s current energy intake comes from protein? Show your work. Remember that protein provides approximately 4 kcalories per gram. Is this adequate? Why or why not?

d.         Kyla’s energy needs for a healthy weight are closer to 1600 kcalories a day. How might her low calorie intake influence her protein status and possibly contribute to her current health issues?

e.         How would you explain to Kyla that her low intake of calories and protein contribute to her risk for osteoporosis?

f.          Assuming that Kyla consumes 20 grams of protein from whole grains, vegetables, and legumes each day, calculate how she can meet the remainder of her protein needs with dairy foods and egg whites. Use the following values as a starting point, 1 cup of milk = 8 grams of protein, and 1 egg white = 7 grams of protein. Show your work.

Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Fields patent number 758-6002-1A is as follows.

Based on execution of a royalty contract in March 2007, the patent is deemed to be economically viable. Fields assumed a useful life of 17 years when it received the initial precipitator patent. On January 1, 2009, it revised its useful life estimate downward to 5 remaining years. Amortization is computed for a full year if the cost is incurred prior to July 1, and no amortization for the year if the cost is incurred after June 30. The company’s year ends December 31.

1. The carrying value of patent No. 758-6002-1A on December 31, 2004? ________
2. The carrying value of patent No. 758-6002-1A on December 31, 2008? ________
3. The carrying value of patent No. 758-6002-1A on December 31, 2011? ________

1. In 1994, baseball management and the players union failed to come to an agreement and the management initiated a work stoppage. The two sides did not come to an agreement until 1995. As a result less baseball games were played in both the 1994 and 1995 season. The 1994 and 1995 data seem to be outside the pattern of the rest of the data. Determine if these two data points are influential by:

a) Plot the regression line from the full data set on the on the scatter plot. The regression equation is: Wins = 24.5 + 0.08Runs, mark it “ALL SEASONS”

b) ​​​​​​​Plot the regression line from data set without the partial seasons on the on the scatter plot. The regression equation is: Wins = 43.3 + 0.05RUNS, mark it “ONLY FULL SEASON”. Do the partial seasons seem to be influential? Explain.

c) Using the linear regression model for “ALL GAMES” in the Red Socks data, Wins = 24.5+ 0.08 Runs. Consider the data for the year 2004, (Runs = 949, Wins = 98) Calculate the residual for this year.

d) The coefficient of determination = 67.2% for the Red Socks data. Find the linear correlation coefficient. Round your answer to 2 decimal places.

(2 pts) Accrual basis vs. basis – revenue and expense recognition: Suppose Capaldi Corp. provides travel services to customers and noted the following transactions for May 2018:

For each transaction, determine the amount of revenue or (expense), if any, that is recorded under accrual-basis accounting and under cash-basis accounting for May 2018. I have completed transaction a. for you as an example.

(2 pts) Accrual Based Accounting: Prepaid expenses – Depreciation of Fixed Assets. Moving On, Inc. purchases a new moving truck (e.g. ‘equipment’) for $56,000 on October 1^st, 2017. At the time of its purchase, the truck is expected to be used in operations for 4 years and will have no resale or scrap value at the end of its life. Assume Moving On, Inc. uses straight-line depreciation (i.e. the asset depreciates evenly) over the expected life of the truck.

Record the journal entry for the original purchase of the truck that occurs on October 1^st, 2017.

Record the adjusting entry to recognize Depreciation Expense on December 31, 2017.

What will the ending balance of the Accumulated Depreciation account be on December 31, 2018 (Assume the beginning balance of Accumulated Depreciation on January 1^st, 2017 is $0 and Moving On, Inc. has no other assets that depreciate)?

What will the net book value of the truck be on December 31, 2018?

A company that manufactures and sells consumer video cameras sells two versions of their popular hard disk​ camera, a basic camera for ​$500​, and a deluxe version for ​$1200. About 55​% of customers select the basic camera. Of​ those, 30​% purchase the extended warranty for an additional ​$100. Of the people who buy the deluxe​ version, 50​% purchase the extended warranty. Complete parts a through d below. ​a) Sketch the probability tree for total purchases. Warranty 0.3 Basic and Warranty 0.165 Basic 0.55 No Warranty 0.7 Basic and No Warranty 0.385 Warranty 0.5 Deluxe and Warranty 0.225 Deluxe 0.45 No Warranty 0.5 Deluxe and No Warranty 0.225 ​(Type integers or​ decimals.) ​b) What is the percentage of customers who buy an extended​ warranty? 39​% ​(Type an integer or a​ decimal.) ​c) What is the expected revenue of the company from a camera purchase​ (including warranty if​ applicable)? The expected revenue from a camera purchase is ​$ nothing. ​(Type an integer or a​ decimal.) ​d) Given that a customer purchases an extended​ warranty, what is the probability that he or she bought the deluxe​ version? The probability is nothing. ​(Round to three decimal places as​ needed.)

Test of Independence 6. Are the factors that contribute to a person’s wellbeing, ( ie: Friendship and social life, job or primary activity, and health and physical condition), Independent of a person’s marital status. See the chart. Marital status single married Widowed/divorced totals Factors contribution to a person’s wellbeing. Friendship and social life 41 49 42 132 Job or primary activity 27 50 33 110 Health and physical condition 12 21 25 58 totals 80 120 100 300

State the null and alternative hypothesis

Give the p-value

Give a conclusion for the hypothesis test.

1.)During April, Elsa Corporation budgeted for 27,000 customers, but actually served 23,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

Revenue: $4.10q

Wages and salaries: $33,300 + $1.10q

Supplies: $0.70q

Insurance: $8,600

Miscellaneous expense: $3,700 + $0.40q

Prepare the company's flexible budget for April based on the actual level of activity for the month.

2.)Buehler Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for October was based on 3,400 meals, but the diner actually served 3,200 meals. The diner's director has provided the following cost formulas to use in budgets:

                                               Fixed Element per Month Variable Element per Month

Groceries …………………….. $0 $2.80

Kitchen Operations………….. $5300 $1.75

Administrative expense …….. $3600 $0.75

Fundraising expenses………… $1500 $0

Compute the activity variance for administrative expenses caused by serving less meals than expected. State answer as positive number.

3.)Gettys Corporation bases its budgets on the activity measure customers served. During October, the company planned to serve 24,000 customers, but actually served 28,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting:

                                                 Fixed Element per Month Variable Element per Month

Revenue …………………….. $0 $4.90

Wages and Salaries………… $29900 $1.90

Supplies………………. …….. $0 $0.70

Insurance…………..………… $9100 $0

Misc Expense…………………. $5500 $0.10

Compute the revenue activity variance. State your answer as a positive.

4.)Gettys Corporation bases its budgets on the activity measure customers served. During October, the company planned to serve 24,000 customers, but actually served 28,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting:

                                                     Fixed Element per Month Variable Element per Month

Revenue …………………….. $0 $4.90

Wages and Salaries………… $29900 $1.90

Supplies………………. …….. $0 $0.70

Insurance…………..………… $9100 $0

Misc Expense…………………. $5500 $0.10

Compute the total expense activity variance. State your answer as a positive.

5.) Kaylar Clinic uses patient-visits as its measure of activity. During September, the clinic budgeted for 3,000 patient-visits, but its actual level of activity was 2,900 patient-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:

Data used in budgeting:

                                                 Fixed Element per Month Variable Element per Month

Revenue …………………….. $0 $37.20

Personal Expenses…………. $27600 $11.30

Medical Expenses………….. $1500 $6.80

Occupancy Expenses…….... $6200 $1.70

Administrative Expenses…... $3600 $0.30

Actual results for September:

Revenue …………………….. $105010                                   

Personal Expenses…………. $61020                                   

Medical Expenses………….. $22120                                   

Occupancy Expenses…….... $10930                                 

Administrative Expenses…... $4570

Compute the total Revenue variance (due to a difference in the actual amount collected per customer from expected). State answer as a positive.

I marked the correct answers to these questions, but I just want to know how to solve them.

1) In a cross of AaBbCcDdEeFf X AaBbccDdEeFf, what proportion will have the ABCDeF phenotype?

A. 27/64

B. 27/128

C. 27/512

D. 81/512

E. 81/2048 ####

2.) In a cross of two flies +/vg Cy/+ +/se +/ab X +/vg +/+ se/se ab/ab what proportion of the offspring will be mutant in phenotype for all four markers?

A. 0

B. 3/64

C. 1/16

D. 1/32 ####

E. 1/64

3) A cross of two heterozygous individuals produces 74 dominants and 26 recessives. What is the chi-square value for these results?

A. 8/25

B. 16/75

C. 4/75 ####

D. 8/75

E. 12/25

4) Shell orientation in snails is due to a maternal effect gene. A true breeding sinistral (recessive) is crossed to a true breeding Dextral (dominant). The offspring from that cross are self-crossed. What will be the expected ratio of shell types?

A. All sinistral

B. All Dextral ####

C. Half sinistral, half Dextral

D. ¾ Dextral, ¼ sinistral

E. ¾ sinistral, ¼ Dextral

19) In peas, axial (A) flower position is dominant to terminal (a), tall (L) is dominant to short (l), and yellow (Y) is dominant to green (y). If a plant that is heterozygous for all three traits is allowed to self-fertilize, how many of the offspring would be dominant for all three traits?

A) 3/64

B) 9/64

C) 27/64 ####

D) 32/64

E) 64/64

20) The product H substance is needed to express the blood antigen. A mating of IA I B Hh X IA I B hh should produce what ratio of blood types?

a) 1/4 AB, 1/8 A, 1/8 B, 1/2 O ####

b) 3/8 AB, 3/16 A, 3/16 B, 1/4 O

c) 1/4 AB, 3/16 A, 3/16 B, 3/8 O

d) 3/16 AB, 3/8 A, 3/16 B, 1/4 O

e) 1/8 AB, 1/4 A, 1/8 B, 1/2 O

Kayla Company uses the perpetual inventory system and the LIFO method. The following information is available for the month of June:


June 1 Beginning inventory 200 units @ $5
12 Purchase on account 400 units @ $6
15 Sales on account 440 units
23 Purchase on account 300 units @ $7
27 Sales on account 360 units
The selling price (price the company charged the customers) was $10 per unit.

a) Show the calculation of cost of goods sold and ending inventory under LIFO.

b) What is the amount of Sales Revenue?

c) Prepare a journal entry for the sale of inventory on June 15.

d) In which financial statement does the amount of ending inventory appear?

e) In which financial statement do the amount of sales and amount of cost of goods sold appear?

f) What is the amount of gross margin for month June?

g) What is the gross margin percentage?