Questions
A touristic destination is assessing the effectiveness of their business, both in terms of the true...

A touristic destination is assessing the effectiveness of their business, both in terms of the true average of visitors and in the stability of the visits during a particular season.
For the previous charge, they select a random sample days of days with the premise that effectiveness should overcome the 93% of the room occupancy.
The records indicate a historic variance of 7.3 and the days selected show the following number of occupied rooms show the following:
78; 77; 76; 78; 77; 79; 77; 76; 75; 74; 77; 78; 76; 76; 76; 78; 78; 79; 75; 76; 77
1) Determine the necessary sample size if the total number of rooms of the hotel 80 and there are records that show as ordinary 93% occupancy, they would need for the estimation of the population proportion parameter with a margin of error less than 10%.
2) Determine the 98 % confidence interval for the true average for the occupied rooms.
3) Determine the 90 % Confidence interval for the variance of occupied rooms in the hotel

In: Math

A not-for-profit organization receives $150 from a donor. The donor receives two tickets to a theater...

  1. A not-for-profit organization receives $150 from a donor. The donor receives two tickets to a theater show and an acknowledgment in the theater program. The tickets have afair market value of $100. What amount is recorded as contribution revenue?  

a.

$0

b.

$50, answer

c.

$100

d.

$150

please explain why and how to get the answer.

2. In Year 1, Gamma, a not-for-profit organization, deposited at a bank $1,000,000 given to it by a donor to purchase endowment securities. The principal of this contribution is not to be spent according to the donor's restrictions. The securities were purchased January 2, Year 2. At December 31, Year 1, the bank recorded

$2,000 interest on the deposit. In accordance with the bequest, this $2,000 was used to finance ongoing program expenses in March Year 2. At December 31, Year 1, what amount of the bank balance should be included as current assets in Gamma's classified balance sheet?

a.

$0

b.

$2,000, answer

c.

$1,000,000

d.

$1,002,000

please explain why is 2000.

3. Cancer Educators, a not-for-profit organization, incurred costs of $10,000 when it combined program functions with fund-raising functions. Which of the following cost allocations might Cancer report in its statement of activities?

           Program Fund Raising General

a.

$0

$0

$10,000

b.

$0

$6,000

$4,000

c.

$6,000

$4,000

$0, answer

d.

$10,000

$0

$0

please explain why and how to get it thanks!

In: Accounting

Theoretical question: What is the Research Purpose, Objective, and Design? Also: What is the sampling method...

Theoretical question:

What is the Research Purpose, Objective, and Design?

Also: What is the sampling method & size, data collection method as well as data analysis & Presentation?

The American Conservatory theater, a major repertory theater located in San Francisco, was completing its tenth season. The management team at ACT decided to conduct a major research study, intended to help their planning effort. A questionnaire was deceloped and mailed to their approximately 9,000 season subscribers. A return rate of 40% was obtained. A sample of 982 of these turned questionnaires was selected for analysis.

One of the major interest ACT management was in developing an understanding of the dynamics of the process whereby individuals became ACT subscriber. To assist in this process, whereby individuals became ACT suscribers. To assist in this this process, the sample was divided into four different groups according to their behavior pattern over the 5 seasons.

1. Continual subscriber (32%)- subscribed all 10 seasons

2. Gradual 31%- one or more seasons of attendance followed by becoming a suscriber

3. Sudden 21%- became a subscriber without attending prior performance

4. miscellaneous patterns 21%

The existence of a substantial "sudden subscriber" group was surprising and ran counter to conventional belief among theater managers that people were first enticed to attend a few performances at a particular theater and only after they had some positive experiences with this theater would they become suscribers.

The next step in the research study was to attempt to identify characteristics of the continual, gradual, and sudden subscriber groups that might be of use in understanding the segment differences and as inputs in the development of audience building and retention programs. Five variables appeared to be useful in this regard.

1. Years resident in the San Francisco Bay Area, measured on a scale ranging from 1= two years or less to 5= more than 20 years.

2 Age of suscribers, measured on a scale ranging from 1=25 years old or less to 5= more than 65 years old.

3.Household income, measured on a scale ranging from 1=50,000 per year.

4. whether the subscriber spend more than 20 hours each week watching TV, measured as a dummy variable: 1 if yes, 0 ifno

5. attendence at 6 other institutions that is ballet, civic light, opera, DeYoung museum, museum of modern art, opera, and symphony. The attendance score is the number of the six different activities that the respondent attended at least once in the previous year

In: Economics

In January 2017, Mitzu Co. pays $2,700,000 for a tract of land with two buildings on...

In January 2017, Mitzu Co. pays $2,700,000 for a tract of land with two buildings on it. It plans to demolish Building 1 and build a new store in its place. Building 2 will be a company office; it is appraised at $570,000, with a useful life of 20 years and a $85,000 salvage value. A lighted parking lot near Building 1 has improvements (Land Improvements 1) valued at $570,000 that are expected to last another 19 years with no salvage value. Without the buildings and improvements, the tract of land is valued at $1,860,000. The company also incurs the following additional costs:

Cost to demolish Building 1 $ 346,400
Cost of additional land grading 187,400
Cost to construct new building (Building 3), having a useful life of 25 years and a $398,000 salvage value 2,242,000
Cost of new land improvements (Land Improvements 2) near Building 2 having a 20-year useful life and no salvage value

178,000

Journal entry worksheet

Record the cost of the plant assets, paid in cash.

In: Accounting

1. The affordable method in establishing a total promotional budget for a company is based on:


1. The affordable method in establishing a total promotional budget for a company is based on:

A. How much the company can afford to spend on the promotional mix.

B. How much customers can afford to spend on the company’s product.

C. How much money it takes to reach all of the customers in the target market.

D. How much money is spent in average per each customer who makes a purchase.


2. Which of the following is not a method of determining a promotional budget?

A. The affordable methods

B. The percentage of sales methods

C. The competitive parity method

D. The competitive advantage method


3. The mix of promotional tools changes as the product goes through different stages in its lifecycle. This is because:

A. customers should rely on more than one method of promotion at each stage to make promotion effective.

B. customers view of the product differently and different communication strategies are necessary to emphasize the various elements of a product in each stage of the life cycle.

C. customers need reinforcement by multiple methods.

D. customers are generally skeptical of advertising.


4. A major hotel chain has implemented a very easy to use kiosk for check in. A recent ad for the hotel shows a business customer arriving at the hotel and using one of the kiosks to check in and retrieve a room key in less than a minute. This advertising is most likely to be executed as:

A. Lifestyle

B. Personality

C. Slice of life

D. Fantasy

In: Economics

8. Peter Griffin calculates that his portfolio's risk, as measured by the standard deviation, is 19.67%....

8. Peter Griffin calculates that his portfolio's risk, as measured by the standard deviation, is 19.67%. His portfolio is made up of many stocks from just two companies, South Park Company and Quahog Company. South Park Co.'s returns have a standard deviation of 12.9% and Quahog Co.'s returns have a standard deviation of 28.84%. If the weight of Quahog Co. in his portfolio is 48.21%, what is the correlation between the returns of Quahog and South Park.

9.

A portfolio has an excess return of 15.9 % and a standard deviation of 15.23 %. What is the Sharpe Ratio for this portfolio?

In: Finance

3. Design and draw a circuit using the cascade system to operate two cylinders (A and...

3. Design and draw a circuit using the cascade system to operate two cylinders (A and B) which, on the operation of a start valve, produces the sequence A – B + B – A+. The cylinders should park in the positions B – A + when the start switch is in the ‘off’ position.

4. Modify the circuit designed for question 3 to provide an emergency stop which will park both cylinders in the extended position (i.e. A + B +).

5. Modify the circuit designed for question 3 to provide a fail safe. The fail safe should:

(a) act in the event of a reduced pressure at inlet to the group selecting valve

(b) park the cylinders in the retracted position

In: Mechanical Engineering

A pontoon on granite in a park has maximum weight of 12 people or 1776 Ib...

A pontoon on granite in a park has maximum weight of 12 people or 1776 Ib . if mean weight for men is 172 Ib each standard deviation of 29 Ib.

a)find the probability if an individual man is randomly selected, his weight will be greater than 148 Ib.

b)Find the probability that 8 random selected men will have mean greater than 222Ib( hence total weight exceeds the maximum capacity pontoon

In: Statistics and Probability

No. of Products Total Variable Costs, $ Total Costs $ Average Fixed Cost $ Average Variable...

No. of Products

Total Variable Costs, $

Total Costs $

Average Fixed Cost $

Average Variable Cost $

Average Total Cost $

Marginal Cost$

0

0

1

12

2

20

3

24

4

27

5

40

6

65

7

98

  • Assume that the fixed cost is $80, calculate the above costs in the table and explain the difference between average total costs and marginal costs.
  • In a graph illustrate the Average Total Cost and Marginal Cost Curves, explain their relationship.
  • Assume marginal revenue is $ 25 (constant at any quantity). Determine the profit maximizing output and calculate the profit.
  • Examine why a firm could decide to produce at a loss on a short run.

In: Economics

1. Total revenue minus total cost is equal to a. the rate of return b.marginal revenue...

1. Total revenue minus total cost is equal to

a. the rate of return

b.marginal revenue

c.profit

d.net cost

2. The Wax Works sells 400 candles at a price of $10 per candle. The Wax Works' total costs for producing 400 candles are $500. The Wax Works' economic profit is ____

3.if diminishing marginal returns have already set in for The Picture Perfect Framing Store and the marginal product of the fifth picture framer is 20, then the marginal product of the sixth picture framer must be

a. negative

b. zero

c. less than 20

d. greater than 20

4. Refer to the table below. Suppose output varies, ceteris paribus, with labor input in the following manner displayed above. After how many units of labor do diminishing returns set in?

Labor

0

1

2

3

4

5

Output

0

10

20

30

40

50

a. 3

b.4

c.5

d.they do not set in

5. You own a business that answers telephone calls for physicians after their offices close. You have an incentive to substitute capital for labor if the

a.price of capital increases

b. price of labor decreases.

c. price of capital decreases.

d. marginal product of labor increases

6. Total cost is calculated as

a.the sum of total fixed cost and total variable cost.

b.the product of average total cost and price.

c. the sum of all the firm's explicit costs.

d. the sum of average fixed cost and average variable cost

7. The formula for the total fixed cost is

a.TFC = TC + TVC.

b.TFC = TVC -TC

c.. TFC = TC/TVC.

d.TFC = TC -TVC

8.The Lawn Ranger, a landscaping company, has total costs of $4,000 and total variable costs of $1,000. The Lawn Ranger's total fixed costs are _____

9.Wilbur's Widgets, a widget company, produces 100 widgets. Its average fixed cost is $5 and its total variable cost is $300. What is the total cost of producing 100 widgets?

10. The formula for average fixed costs is

a.TFC - q.

b.TFC/q

c.q/TFC

d.%q/%TFC.

11.________ are likely a fixed cost of a firm.

a.Wages paid to employees

b.The payments for supplies

c. Lease payments for office space

d. Travel expenses to meet with clients

12. Diminishing marginal returns implies

a.decreasing average variable costs.

b.decreasing marginal costs.

c.increasing marginal costs

d.decreasing the average fixed costs.

13.In the short run when the marginal product of labor ________, the marginal cost of an additional unit of output ________.

a.rises; rises

b. falls; falls

c. rises; falls

d. falls; doesn't change

14.If marginal cost is between average variable cost and average total cost, then

a.both average variable cost and average total cost are increasing.

b. both average variable cost and average total cost are decreasing.

c.average variable cost is increasing and average total cost is decreasing

d.average variable cost is decreasing and average total cost is increasing.

15.  The marginal cost curve intersects the average total cost curve at the ________ value of the average total cost curve.

a.maximum

b.minimum

c.zero

d.average

In: Economics