The marketing division of Family FunTime Mini Golf is wanting to gather information about the spending habits of its visitors. It polls visitors as they leave and gathers information about the amount of money spent at the course. A sample with 40 families and the amounts they spent can be found in the Excel table I have provided below. Please answer all questions using complete sentences.

1. Using Excel’s PivotTable feature, organize the data into a frequency distribution, using 7 classes and 15 as the lower limit of the first class. Copy your table below. (You can do a straight copy/paste from Excel, it will transfer the table over.) What class interval did you need to select? Explain.
2. Where do the data tend to cluster? Describe the distribution in the context of the problem.
3. Determine the relative frequency distribution using your PivotTable in Excel. Copy your table below.

4. Determine the cumulative percent frequency distribution using your PivotTable in Excel. Copy your table below.

Alicia is an accountant for Winston Pharmaceuticals. Her duties include tracking research and development spending in the new product development division. Over the course of the past six months, Alicia notices that a great deal of funds have been spent on a particular project for a new drug. She hears "through the grapevine" that the company is about to patent the drug and expects it to be a major advance in antibiotics. Alicia believes that this new drug will greatly improve company performance and will cause the company's stock to increase in value. Alicia decides to purchase shares of Winston in order to benefit from this expected increase.

What are Alicia's ethical responsibilities, if any, with respect to the information she has learned through her duties as an accountant for Winston Pharmaceuticals? What are the implications to her planned purchase of Winston shares?

8. (This problem is required to submit) Bank of America’s Consumer Spending Survey collected data on annual credit card changes in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 42 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2). Using the difference data, the sample mean difference was 850 $d (Note: d = difference = groceries – dining out charges) and the same standard deviation was 1123 $ds . d = Difference = groceries charges – dining out charges. 10

a. Use math symbol to formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the population mean credit card charges for dining out. (10%)

b. Use a 0.05 level of significance. What is the p-value? Use the p-value approach, can you conclude that the population means differ? (10%) (Note: without calculation process, explanation, and conclusion, no credit)

c. Which category, groceries or dining out, has a higher population mean annual credit card charge? What is the point estimate of the difference between the population means? What is the 95% confidence interval estimate of the difference between the population means? (10%) (Note: without calculation process and explanation, no credit)

1. Could a company’s net capital spending be negative in a given year? Explain how this might come about.

  2. Could a company’s cash flow to stockholders be negative in a given year? Explain how this might come about.

3. Could a company’s cash flow to creditors be negative in a given year? Explain how this might come about.

4. Olive Corp. has current assets of $15,000, net fixed assets of $13,500, current liabilities of $5,000, and long-term debt of $20,300.

a. What is the value of total assets account in the balance sheet?

b. What is the value of total liabilities account in the balance sheet?

c. What is the value shareholder’ equity account in the balance sheet?

4. How much is net working capital?

5. Answer the following True/False questions:

1. Liquid assets tend to earn a high rate of return.

=> True/False

2. Liquid assets are defined as assets that can be sold quickly regardless of the price obtained.

=> True/False

PLEASE SHOW HOW YOU GOT ANSWERS!!

Would you favor spending more federal tax money on the arts? Of a random sample of n₁ = 95 politically conservative voters, r₁ = 16 responded yes. Another random sample of n₂ = 77 politically moderate voters showed that r₂ = 20 responded yes. Does this information indicate that the population proportion of conservative voters inclined to spend more federal tax money on funding the arts is less than the proportion of moderate voters so inclined? Use α = 0.05.

(a) What is the level of significance?


State the null and alternate hypotheses.

H₀: p₁ = p₂; H₁: p₁ > p₂H₀: p₁ < p₂; H₁: p₁ = p₂    H₀: p₁ = p₂; H₁: p₁ < p₂H₀: p₁ = p₂; H₁: p₁ ≠ p₂

(b) What sampling distribution will you use? What assumptions are you making?

The standard normal. The number of trials is sufficiently large.The Student's t. We assume the population distributions are approximately normal.    The Student's t. The number of trials is sufficiently large.The standard normal. We assume the population distributions are approximately normal.

What is the value of the sample test statistic? (Test the difference p₁ − p₂. Do not use rounded values. Round your final answer to two decimal places.)


(c) Find (or estimate) the P-value. (Round your answer to four decimal places.)


(d)Sketch the sampling distribution and show the area corresponding to the P-value.

(e) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? Are the data statistically significant at level α?

At the α = 0.05 level, we reject the null hypothesis and conclude the data are statistically significant.At the α = 0.05 level, we fail to reject the null hypothesis and conclude the data are statistically significant.    At the α = 0.05 level, we fail to reject the null hypothesis and conclude the data are not statistically significant.At the α = 0.05 level, we reject the null hypothesis and conclude the data are not statistically significant.

(f) Interpret your conclusion in the context of the application.

Fail to reject the null hypothesis, there is insufficient evidence that the proportion of conservative voters favoring more tax dollars for the arts is less than the proportion of moderate voters.Fail to reject the null hypothesis, there is sufficient evidence that the proportion of conservative voters favoring more tax dollars for the arts is less than the proportion of moderate voters.    Reject the null hypothesis, there is insufficient evidence that the proportion of conservative voters favoring more tax dollars for the arts is less than the proportion of moderate voters.Reject the null hypothesis, there is sufficient evidence that the proportion of conservative voters favoring more tax dollars for the arts is less than the proportion of moderate voters.

After spending 500,000 to study the potential market for a new specialty chemical, hart industries is considering a new plant requiring an initial investment in new construction and equipment. The company will purchase 6,000,000 in new plant equipment. The IRS will allow hart to depreciate the plant equipment to a salvage value of zero on a straight-line basis over a six-year useful life. At the end of five years they expect to sell the plant and equipment for 2,000,000. The firm estimates revenue year1= 26M, Year2= 25M, Year3= 25M, Year4= 25M, Year5= 25M. Variable cost will be 70% of revenue. Fixed costs for the project are estimated to be 3,000,000 annually. Initial net working capital requirements for the project are expected to be 700,000. In addition, the company will increase required working capital 50,000 each year. at the end of five year project the net working capital will no longer be required. The company tax rate is 30%. What is harts cash flows from assets for the 5 years of the project? If your required return rate is 10%, what is the projects NPV and IRR? Should the company accept the project?

A good manager will accomplish more by spending two hours at his desk than talking for two hours with subordinates.

Do you agree? Why/Why not?

When you write, make sure your writing:

• addresses all parts of the task • presents a clear position of your argument • presents main ideas • arranges information and ideas coherently • uses cohesive devices effectively • use referencing clearly or appropriately • uses paragraphing logically • uses an adequate range of vocabulary for the task • attempts to use less common vocabulary but with some inaccuracy • avoids errors in spelling and/or word formation, • uses a mix of simple and complex sentence forms • avoid errors in grammar and punctuatio

Algebraically derive the government spending and tax multiplier for the case in which tax revenues depend on income level. Verbally explain what you do in each step of the derivation.

please do not copy on Chegg i want another type answer thanks and please do not write handwriting

Assume that Monica is spending all her income on purchasing a combination of two products: cookies (C) and tea (T). The marginal utility of cookies (MUC) is 12 and the price of a cookie (PC) is $3. The marginal utility of tea (MUT) is 10 and the price of tea (PT) is $5. Is Monica maximizing utility? If not, what should she do to maximize utility? Explain