In Java, What is gained by having a Tail reference/pointer in your Linked List?
A. The tail is superfluous and offers no benefits
B. The tail allows us to speed up a few operations and gives us an end point to look for
C.Since we have head and tail we can now do a Binary Search on the list
D. It only makes deleting from the end of the list faster
In: Computer Science
Telecorp Inc. sells holiday greeting cards via phone solicitation. Twenty-four new salespersons were hired in January 2020. The company provides training for the first month of their employment. This year, the company decided to engage a relatively expensive training consultant on a test basis to train a random sample of 12 of their 24 new hires. The other twelve received the internal training that the company provides. Management desires more information about the value of the external trainer to decide whether it will seek to extend the agreement with the training consultant to train all the new hires. The company will conduct this test in January 2020 and again in January 2021. The company does not have a directional hypothesis ex ante (in advance) regarding the impact of the trainer since it is certainly conceivable that the external training consultant could be less effective than the in-house trainers.
Sales data from year one is shown in the EXCEL data file in the tab entitled “Telecorp Inc. Sales”.
Please complete the following:
| Internal Training Group | External Training Group | |||
| Mean | 21757.75 | Mean | 25079.25 | |
| Standard Error | 1325.041098 | Standard Error | 1402.143798 | |
| Median | 20864.5 | Median | 24563 | |
| Mode | #N/A | Mode | 18778 | |
| Standard Deviation | 4590.077007 | Standard Deviation | 4857.168594 | |
| Sample Variance | 21068806.93 | Sample Variance | 23592086.75 | |
| Kurtosis | -0.869273226 | Kurtosis | -0.90374431 | |
| Skewness | 0.345688143 | Skewness | 0.255553094 | |
| Range | 14665 | Range | 14632 | |
| Minimum | 14500 | Minimum | 18778 | |
| Maximum | 29165 | Maximum | 33410 | |
| Sum | 261093 | Sum | 300951 | |
| Count | 12 | Count | 12 | |
| Confidence Level(95.0%) | 2916.395793 | Confidence Level(95.0%) | 3086.097691 | |
In: Statistics and Probability
1). Which of the following is not included in a security agreement?
Select one:
a. Reference to the finance statement.
b. Reference to the loan.
c. Creation of the security interest.
d. Description of the collateral.
2)
A secured creditor's interest in after-acquired property might include
Select one:
a. new inventory to replace sold inventory.
b. equipment purchased after the initial loan is disbursed, but paid for with money from that loan.
c. Both constitute after-acquired property.
d. Neither, a creditor may not have an interest in after-acquired property. A
3)
Between two unperfected secured creditors,
Select one:
a. Both unperfected creditors become unsecured creditors.
b. the first to perfect has priority over the collateral.
c. the first to attach has priority over the collateral.
5).
Perfection
Select one:
a. gives notice to third parties (usually other creditors) that this creditor has a security interest in the collateral.
b. gives the creditor a priority interest in the collateral securing her loan.
c. accomplished both of these tasks.
6)
In which of the following situations can a security interest be perfected without filing a Finance Statement?
Select one:
a. Possession of the collateral.
b. Perfection by automatic attachment of consumer goods that are purchased on credit from the seller.
c. Both of these are ways to perfect without filing.
d. Neither of these are ways to perfect without filing. A creditor must always file a Finance Statement.
In: Economics
On December 31, 2018, Marsh Company held Xenon Company bonds in its portfolio of available-for-sale securities. The bonds have a par value of $14,000, carry a 10% annual interest rate, mature in 2025, and had originally been purchased at par. The market value of the bonds at December 31, 2018 was $12,000. The December 31, 2018, balance sheet showed the following:
|
Marsh Company |
|
Partial Balance Sheet |
|
December 31, 2018 |
|
1 |
Assets |
|
|
2 |
Investment in Available-for-Sale Securities |
$14,000.00 |
|
3 |
Less: Allowance for Change in Fair Value of Investment |
(2,000.00) |
|
4 |
12,000.00 |
|
|
5 |
Shareholders’ Equity: |
|
|
6 |
Unrealized Holding Gain/Loss |
$(2,000.00) |
On January 1, 2019, Marsh acquired bonds of Yellow Company with a par value of $16,000 for $16,200. The Yellow Company bonds carry an annual interest rate of 12% and mature on December 31, 2023. Additionally, Marsh acquired Zebra Company bonds with a face value of 18,000 for $17,600. The Zebra Company bonds carry an 8% annual interest rate and mature on December 31, 2028. At the end of 2019, the respective market values of the bonds were: Xenon, $13,000; Yellow, $17,000; and Zebra, $20,000. Marsh classifies all of the debt securities as available-for-sale as it does not intend to hold them to maturity nor does it intend to actively buy and sell them. Assume that Marsh uses the straight-line method to amortize any discounts or premiums.
Required:
| 1. | Prepare the journal entries necessary to record the purchase of the investments in 2019, the annual interest payments on December 31, 2019, and the adjusting entry needed on December 31, 2019. |
| 2. | What would Marsh disclose on its December 31, 2019, balance sheet related to these investments? |
In: Accounting
On December 31, 2018, Marsh Company held Xenon Company bonds in its portfolio of available-for-sale securities. The bonds have a par value of $15,000, carry a 10% annual interest rate, mature in 2025, and had originally been purchased at par. The market value of the bonds at December 31, 2018 was $13,000. The December 31, 2018, balance sheet showed the following:
|
Marsh Company |
|
Partial Balance Sheet |
|
December 31, 2018 |
|
1 |
Assets |
|
|
2 |
Investment in Available-for-Sale Securities |
$15,000.00 |
|
3 |
Less: Allowance for Change in Fair Value of Investment |
(2,000.00) |
|
4 |
13,000.00 |
|
|
5 |
Shareholders’ Equity: |
|
|
6 |
Unrealized Holding Gain/Loss |
$(2,000.00) |
On January 1, 2019, Marsh acquired bonds of Yellow Company with a par value of $16,000 for $16,200. The Yellow Company bonds carry an annual interest rate of 12% and mature on December 31, 2023. Additionally, Marsh acquired Zebra Company bonds with a face value of 18,000 for $17,600. The Zebra Company bonds carry an 8% annual interest rate and mature on December 31, 2028. At the end of 2019, the respective market values of the bonds were: Xenon, $14,000; Yellow, $17,000; and Zebra, $20,000. Marsh classifies all of the debt securities as available-for-sale as it does not intend to hold them to maturity nor does it intend to actively buy and sell them. Assume that Marsh uses the straight-line method to amortize any discounts or premiums.
Required:
| 1. | Prepare the journal entries necessary to record the purchase of the investments in 2019, the annual interest payments on December 31, 2019, and the adjusting entry needed on December 31, 2019. |
| 2. | What would Marsh disclose on its December 31, 2019, balance sheet related to these investments? |
In: Accounting
Let's say we are planning on adding a very large modern sign to attract customers to our marijuana and tattoo shop that we run just north of Denver. We've completed a ton of market analysis and we are fairly confident that the sign will increase sales by $50,000 per year for the first two years, and then we think it will result in an increase of $35,000 per year for the next four years. The margins we earn on our sales of marijuana is 70% and the margins we earn on our tattoos is 40%. We expect that the incremental sales resulting from the sign will be split 50-50 between marijuana products and tattoo services.
The sign will cost us $110, 000 and the company has no debt. The owners of the company expect to earn 15% on the funds they invest in the company. After six years, the sign will likely be taken down and sold for scrap to yield $5,000.
Calculate the net present value. Ignore taxes.
In: Finance
A university surveyed recent graduates of the English Department for their starting salaries. Four hundred graduates returned the survey. The average salary was $25,000. The population standard deviation was $2,500. What is the 90% confidence interval for the mean salary of all graduates from the English Department?
A) [$24,794, $25,206]
B) [$24,988, $25,012]
C) [$22,500, $27,500]
D) [$24,755, $25,245]
In: Statistics and Probability
Suppose that between their first and second years in college, 400 students are randomly selected and given a university grant to purchase a new computer. For student i, yi denotes the change in GPA from the first year to the second year. If the average change is y̅ = .132 with standard deviation s = 1.27, is the average change in GPAs statistically greater than zero?
In: Economics
In: Statistics and Probability
Bellrome Company is planning to replace an old machine
with the following related information:
Book value P300,000
Remaining useful life 5 years
Current market value 150,000
Additional information:
The replacement machine can be acquired at a list price of
P500,000. A 5% cash discount is
available if the said machine is paid within 30 days from
acquisition date. Freight and installation
costs is estimated at P75,000.
Should the company decide not to acquire the new machine, it
needs to repair the old one at a cost
of P50,000. Otherwise, additional cost of removing the old unit is
estimated at P10,000.
Additional gross working capital of P15,000 will be needed to
support operation planned with the
new equipment.
The new machine is estimated to reduce cash operating costs
amounting to P150,000 per year
and is to be depreciated using the straight-line method over its
useful life of 5 years.
Bellrome is subject to a 30% income tax rate.
REQUIREMENTS:
a. What is the net initial cost of investment to be used in
decision making?
b. What is the increase in annual net income?
c. What is the increase in annual net cash flows if the company
replaces the machine?
In: Finance