Questions
Please write a minimum of 150 words each 6. When is revenue earned and therefore should...

Please write a minimum of 150 words each

6. When is revenue earned and therefore should be recognized?

7. When a company pays $10,000 for insurance that will cover it for two years, the transaction is not immediately recognized as an expense. Explain why.

8. Distinguish between cash flows resulting from operating activities, financing activities, and investing activities.

In: Accounting

Refer to the accompanying data set of mean drive-through service times at dinner in seconds at...

Refer to the accompanying data set of mean drive-through service times at dinner in seconds at two fast food restaurants. Construct a 99% confidence interval estimate of the mean drive-through service time for Restaurant X at dinner; then do the same for Restaurant Y. Compare results.
Construct a 99% confidence interval of the mean drive-through service times at dinner for Restaurant X.
Restaurant X   Restaurant Y
85   104
117   130
119   149
151   119
262   174
183   130
125   114
148   127
157   129
216   130
336   129
308   141
175   227
111   209
151   294
145   123
92   93
233   138
235   240
181   146
155   140
196   206
164   147
120   146
60   134
203   146
181   157
114   131
136   167
174   130
184   238
194   238
227   252
194   234
350   234
307   165
210   88
198   104
183   51
185   168
103   77
147   148
176   144
161   101
172   122
155   144
168   126
119   184
140   154
312   126

In: Statistics and Probability

For the last 7 years, Joseph has made deposits of ​$150.00 at the end of every...

For the last 7 years, Joseph has made deposits of ​$150.00 at the end of every year earning interest at 6 % compounded annually. If he leaves the accumulated balance for another 8 years at 5 % compounded semi dash annually comma what will the balance be in the​ account?

The balance will be $________.

In: Finance

The Wolfson Group​ (WG) provides tax advice to multinational firms. WG charges clients for​ (a) direct...

The Wolfson Group​ (WG) provides tax advice to multinational firms. WG charges clients for​ (a) direct professional time​ (at an hourly​ rate) and​ (b) support services​ (at 30% of the direct professional costs​ billed). The three professionals in WG and their rates per professional hour are as​ follows:

Professional

Billing Rate per Hour

Matthew Wolfson 500

Ashley Bryant 130

Jack Anderson 60

WG has just prepared the May 2017 bills for two clients. The hours of professional time spent on each client are as​ follows:

Hours per Client

Professional

Seattle Dominion

Ackerman Enterprises

Wolfson

11

2

Bryant

2

6

Anderson

17

22

Total

30

30

1.

What amounts did WG bill to Seattle Dominion and Ackerman Enterprises for May 2017​?

2.

Suppose support services were billed at $40 per professional​ labor-hour (instead of​ 30% of professional labor​ costs). How would this change affect the amounts WG billed to the two clients for May 2017​?
Comment on the differences between the amounts billed in requirements 1 and 2.

3.

How would you determine whether professional labor costs or professional​ labor-hours is the more appropriate allocation base for​ WG's support​ services?

In: Accounting

An observational study of a group of students was conducted, and students were classified in two...

An observational study of a group of students was conducted, and students were classified in two ways. First, they were each classified as to whether or not they were FullTime or PartTime. Second, they were each classified as to which of two colleges they were in, COS (college of sciences) or CBA (college of business administration). From that data, the following partial joint probability table was constructed.

FullTime PartTime
COS 7/23 3/23 ?
CBA 8/23 ? 13/23
15/23 8/23

1

Please answer the following questions about the probability of drawing students at random from this group according to the table above.  Please keep your answers as fractions (e.g., "3/7").

  • What is the marginal probability that a random student will be from COS (college of science)?  
  • What is the joint probability that a random student will be both part-time and from CBA (college of business administration)?
  • If I already know the student is from CBA, what is the probability they are a full time?

In: Statistics and Probability

Sales of tablet computers at Ted​ Glickman's electronics store in​ Washington, D.C., over the past 10...

Sales of tablet computers at Ted​ Glickman's electronics store in​ Washington, D.C., over the past 10 weeks are shown in the table​ below:                                                                                                                     Week 1 2 3 4 5 6 7 8 9 10 Demand 21 21 28 36 26 29 35 20 25 30 ​a)

The forecast for weeks 2 through 10 using exponential smoothing with alpha ​= 0.55 and a week 1 initial forecast of 21.0 are ​(round your responses to two decimal​ places): Week 1 2 3 4 5 6 7 8 9 10

Demand 21 21 28 36 26 29 35 20 25 30

Forecast 21.0 21 21 24.85 30.98 28.24 28.65 32.14 25.46 25.20 ​

b) For the forecast developed using exponential smoothing ​(alpha ​= 0.55 and initial forecast 21.0​), the MAD​ = nothing sales ​(round your response to two decimal​ places).

C. Tracking signal

In: Statistics and Probability

Create a function called merge that takes two int vectors (x and y) as argument and...

Create a function called merge that takes two int vectors (x and y) as argument and returns an int vector (z) that is the result of merging the two vectors x and y. Here is an example to explain how the merge function works: If the vector x has the following values: 1 2 3 4 5, and the vector y has the following: 6 7 8 9 10 11 12, then the merging vector z will have: 1 6 2 7 3 8 4 9 5 10 11 12. This means: z[0] = x[0], z[1]=y[0], z[2]=x[1], z[3]=y[1], z[4]=x[2], z[5]=y[2],... If the size of the vector x is bigger than the size of the vector y, when x is entirely copied to z, the rest of x will be copied next. If y is bigger, the rest of y is copied when x is entirely copied to z.

Language: c++

In: Computer Science

Suppose these data show the number of gallons of gasoline sold by a gasoline distributor in...

Suppose these data show the number of gallons of gasoline sold by a gasoline distributor in Bennington, Vermont, over the past 12 weeks.

Week Sales (1,000s
of gallons)
1 17
2 22
3 20
4 24
5 19
6 17
7 21
8 18
9 23
10 21
11 16
12 22

(a)

Compute four-week and five-week moving averages for the time series.

Week Time Series
Value
4-Week
Moving
Average
Forecast
5-Week
Moving
Average
Forecast
1 17
2 22
3 20
4 24
5 19
6 17
7 21
8 18
9 23
10 21
11 16
12 22

(b)

Compute the MSE for the four-week moving average forecasts. (Round your answer to two decimal places.) __________

Compute the MSE for the five-week moving average forecasts. (Round your answer to two decimal places.) ____________

In: Math

Suppose there are two bonds for sale; Bond A with 7-years to maturity, paying a semi-annual...

  1. Suppose there are two bonds for sale; Bond A with 7-years to maturity, paying a semi-annual interest payment of $57.75, and available for purchase at $1,017.63; and a second bond for sale at $989.54, maturing in 5-years, and paying $63.65 on a semi-annual basis. What is the YTM of the two bonds? And which one will you add to your portfolio based on the highest yield to maturity?

2. Given the following cashflows, calculate both the NPV and the IRR for a project with a 7% cost of capital.

Initial Outlay = $100,000

Year 1 = $50,000

Year 2 = $40,000

Year 3 = $30,000

Year 4 = $10,000

In: Finance

Q1. There is a choice of investing in two mutually exclusive machines whose life is 8...

Q1. There is a choice of investing in two mutually exclusive machines whose life is 8 years. A costs $11 million and will produce inflows of $5 million per year for 4 years. If A was replaced, its cost would be $12.5 million due to inflation and its cash inflows would increase to $5.5 million due to production efficiencies. Machine B costs $15 million and will provide after-tax inflows of $4.5 million per year for 8 years. If the WACC is 10%, which machine should be acquired? Solve using a financial calculator. Do it manually. Do not use Excel!

In: Finance