1. A researcher claims that the mean rate of Infant mortality in the City of Chicago is below 9.3 %. Based on the data represented for the years 2005 – 2011, perform a hypothesis test to test his claim using a significance level of α= 0.10.
2.Would your conclusion change for question 1 if you used a significance level of α= 0.05? Explain.
Data:
| community Area Name | Infant Mortality Rate |
| Rogers Park | 6.4 |
| West Ridge | 5.1 |
| Uptown | 6.5 |
| Lincoln Square | 3.8 |
| North Center | 2.7 |
| Lake View | 2.2 |
| Lincoln park | 2.4 |
| Near North Side | 6.5 |
| Edison Park | 4.6 |
| Norwood Park | 4.4 |
| Jefferson Park | 8.3 |
| Forest Glen | 3.8 |
| North Park | 5.4 |
| Albany Park | 4.9 |
| Portage Park | 4.7 |
| Irving Park | 5.3 |
| Dunning | 4.9 |
| Montclaire | 4.6 |
| Belmont Cragin | 5.6 |
| Hermosa | 9.3 |
| Avondale | 5.7 |
| Logan Square | 4.3 |
| Humboldt Park | 9.8 |
| West town | 5.1 |
| Austin | 13.3 |
| West Garfield Park | 19 |
| East Garfield Park | 11 |
| Near West side | 9.1 |
| North Lawndale | 14.1 |
| South Lawndale | 5.9 |
| Lower West Side | 5.4 |
| Loop | 5.7 |
| Near South Side | 4.8 |
| Armour Square | 1.5 |
| Douglas | 13.4 |
| Oakland | 8.2 |
| Fuller Park | 22.6 |
| Grand Boulevard | 12.1 |
| Kenwood | 8.9 |
| Washington Park | 19.3 |
| Hyde Park | 10.4 |
| Woodlawn | 11.5 |
| South Shore | 11.4 |
| Chatham | 10.9 |
| Avalon Park | 11.4 |
| South Chicago | 17.7 |
| Burnside | 13 |
| Calumet Heights | 13.9 |
| Roseland | 9.6 |
| Pullman | 13.6 |
| South Deering | 11.8 |
| East Side | 3.7 |
| West Pullman | 11.9 |
| Riverdale | 8.7 |
| Hegewisch | 8.4 |
| Garfield Ridge | 4.5 |
| Archer Heights | 5.2 |
| Brighton Park | 5.9 |
| McKinley Park | 7.3 |
| Bridgeport | 8 |
| New City | 7.9 |
| West Elsdon | 8.1 |
| Gage Park | 5.4 |
| Clearing | 6.7 |
| West Lawn | 8.4 |
| Chicago Lawn | 11.1 |
| West Englewood | 13.3 |
| Englewood | 13.4 |
| Greater Grand Crossing | 14.2 |
| Ashburn | 10.2 |
| Auburn Gresham | 15.6 |
| Beverly | 10 |
| Washington Heights | 11.2 |
| Mount Greenwood | 3.3 |
| Morgan Park | 13.1 |
| O'Hare | 2 |
| Edgewater | 6.9 |
Please show work. Thank you :)
In: Statistics and Probability
Back in Boston, Steve has been busy creating and managing his new company, Teton Mountaineering (TM), which is based out of a small town in Wyoming. In the process of doing so, TM has acquired various types of assets. Below is a list of assets acquired during 2016: Exhibit 10-8 (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round intermediate calculations and final answer to the nearest whole dollar amount.)
Asset Cost Date Placed in Service Office furniture $ 10,000 02/03/2016
Machinery 560,000 07/22/2016
Used delivery truck* 15,000 08/17/2016
* Not considered a luxury automobile, thus not subject to the luxury automobile limitations. During 2016, TM had huge success (and had no §179 limitations) and Steve acquired more assets the next year to increase its production capacity.
These are the assets acquired during 2017: Date Placed Asset Cost in
Service Computers & info. system $ 40,000 03/31/2017
Luxury auto† 80,000 05/26/2017
Assembly equipment 475,000 08/15/2017
Storage building 400,000 11/13/2017
†Used 100% for business purposes.
TM generated taxable income in 2017 of $732,500 for purposes of computing the §179 expense.
a. Compute the maximum 2016 depreciation deductions including §179 expense (ignoring bonus depreciation).
b. Compute the maximum 2017 depreciation deductions including §179 expense (ignoring bonus depreciation).
c. Compute the maximum 2017 depreciation deductions including §179 expense, but now assume that Steve would like to take bonus depreciation on the 2017 assets.
d. Ignoring part c, now assume that during 2017, Steve decides to buy a competitor’s assets for a purchase price of $350,000.
Compute the maximum 2017 cost recovery including §179 expense (ignoring bonus depreciation). Steve purchased the following assets for the lump-sum purchase price. Date Placed Asset Cost in Service Inventory $ 20,000 09/15/2017
Office furniture 30,000 09/15/2017
Machinery 50,000 09/15/2017
Patent 98,000 09/15/2017
Goodwill 2,000 09/15/2017
Building 130,000 09/15/2017
Land 20,000 09/15/2017
In: Accounting
Back in Boston, Steve has been busy creating and managing his new company, Teton Mountaineering (TM), which is based out of a small town in Wyoming. In the process of doing so, TM has acquired various types of assets. Below is a list of assets acquired during 2015: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round intermediate calculations and final answer to the nearest whole dollar amount.)
| Asset | Cost | Date Placed in Service | |
| Office furniture | $ | 10,000 | 02/03/2015 |
| Machinery | 560,000 | 07/22/2015 | |
| Used delivery truck* | 15,000 | 08/17/2015 | |
* Not considered a luxury automobile, thus not subject to the luxury automobile limitations.
During 2015, TM had huge success (and had no §179 limitations) and Steve acquired more assets the next year to increase its production capacity. These are the assets acquired during 2016:
| Date Placed | |||||||||||||||||||||||||||||||||||||||||||
| Asset | Cost | in Service | |||||||||||||||||||||||||||||||||||||||||
| Computers & info. system | $ | 40,000 | 03/31/2016 | ||||||||||||||||||||||||||||||||||||||||
| Luxury auto† | 80,000 | 05/26/2016 | |||||||||||||||||||||||||||||||||||||||||
| Assembly equipment | 475,000 | 08/15/2016 | |||||||||||||||||||||||||||||||||||||||||
| Storage building | 400,000 | 11/13/2016 | |||||||||||||||||||||||||||||||||||||||||
|
†Used 100% for business purposes. TM generated taxable income in 2016 before any §179 expense of $732,500. a. Compute the maximum 2015 depreciation deductions including §179 expense (ignoring bonus depreciation). b. Compute the maximum 2016 depreciation deductions including §179 expense (ignoring bonus depreciation). c. Compute the maximum 2016 depreciation deductions including §179 expense, but now assume that Steve would like to take bonus depreciation on the 2016 assets. d. Ignoring part (c), now assume that during 2016, Steve decides to buy a competitor’s assets for a purchase price of $350,000. Compute the maximum 2016 cost recovery including §179 expense (ignoring bonus depreciation). Steve purchased the following assets for the lump-sum purchase price.
|
|||||||||||||||||||||||||||||||||||||||||||
In: Accounting
Back in Boston, Steve has been busy creating and managing his new company, Teton Mountaineering (TM), which is based out of a small town in Wyoming. In the process of doing so, TM has acquired various types of assets. Below is a list of assets acquired during 2016: Exhibit 10-8 (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round intermediate calculations and final answer to the nearest whole dollar amount.)
| Asset | Cost | Date Placed in Service | |
| Office furniture | $ | 10,000 | 02/03/2016 |
| Machinery | 560,000 | 07/22/2016 | |
| Used delivery truck* | 15,000 | 08/17/2016 | |
* Not considered a luxury automobile, thus not subject to the luxury automobile limitations.
During 2016, TM had huge success (and had no §179 limitations) and Steve acquired more assets the next year to increase its production capacity. These are the assets acquired during 2017:
| Date Placed | |||
| Asset | Cost | in Service | |
| Computers & info. system | $ | 40,000 | 03/31/2017 |
| Luxury auto† | 80,000 | 05/26/2017 | |
| Assembly equipment | 475,000 | 08/15/2017 | |
| Storage building | 400,000 | 11/13/2017 | |
†Used 100% for business purposes.
TM generated taxable income in 2017 of $732,500 for purposes of computing the §179 expense.
a. Compute the maximum 2016 depreciation deductions including §179 expense (ignoring bonus depreciation).
b. Compute the maximum 2017 depreciation deductions including §179 expense (ignoring bonus depreciation).
c. Compute the maximum 2017 depreciation deductions including §179 expense, but now assume that Steve would like to take bonus depreciation on the 2017 assets.
d. Ignoring part c, now assume that during 2017, Steve decides to buy a competitor’s assets for a purchase price of $350,000. Compute the maximum 2017 cost recovery including §179 expense (ignoring bonus depreciation). Steve purchased the following assets for the lump-sum purchase price.
| Date Placed | |||
| Asset | Cost | in Service | |
| Inventory | $ | 20,000 | 09/15/2017 |
| Office furniture | 30,000 | 09/15/2017 | |
| Machinery | 50,000 | 09/15/2017 | |
| Patent | 98,000 | 09/15/2017 | |
| Goodwill | 2,000 | 09/15/2017 | |
| Building | 130,000 | 09/15/2017 | |
| Land | 20,000 | 09/15/2017 | |
In: Accounting
Can someone please complete the following code(Java). The stuff in comments are the things you need to look at and code that
package mini2;
import static mini2.State.*;
/**
* Utility class containing the key algorithms for moves in the
* a yet-to-be-determined game.
*/
public class PearlUtil
{
private PearlUtil()
{
// disable instantiation
}
/**
* Replaces all PEARL states with EMPTY state between indices
* start and end, inclusive.
* @param states
* any array of States
* @param start
* starting index, inclusive
* @param end
* ending index, inclusive
*/
public static void collectPearls(State[] states, int start, int end)
{
// TODO
}
/**
* Returns the index of the rightmost movable block that is at or
* to the left of the given index start. Returns -1 if
* there is no movable block at start or to the left.
* @param states
* array of State objects
* @param start
* starting index for searching
* @return
* index of first movable block encountered when searching towards
* the left, starting from the given starting index; returns -1 if there
* is no movable block found
*/
public static int findRightmostMovableBlock(State[] states, int start)
{
// TODO
return 0;
}
/**
* Creates a state array from a string description, using the character
* representations defined by State.getValue. (For invalid
* characters, the corresponding State will be null, as determined by
* State.getValue.)
* Spaces in the given string are ignored; that is, the length of the returned
* array is the number of non-space characters in the given string.
* @param text
* given string
* @return
* State array constructed from the string
*/
public static State[] createFromString(String text)
{
// TODO
return null;
}
/**
* Determines whether the given state sequence is valid for the moveBlocks
* method. A state sequence is valid for moveBlocks if
*
*
*
*
* of the array
*
* Boundary states are defined by the method State.isBoundary, and
* are defined differently based on whether there is any movable block in the array.
* @param states
* any array of States
* @return
* true if the array is a valid state sequence, false otherwise
*/
public static boolean isValidForMoveBlocks(State[] states)
{
// TODO
return false;
}
/**
* Updates the given state sequence to be consistent with shifting the
* "player" to the right as far as possible. The starting position of the player
* is always index 0. The state sequence is assumed to be valid
* for movePlayer, which means that the sequence could have been
* obtained by applying moveBlocks to a sequence that was valid for
* moveBlocks. That is, the validity condition is the same as for moveBlocks,
* except that
*
*
*
* no movable blocks
*
*
* The player's new index, returned by the method, will be one of the following:
*
*
* first movable block in the array;
*
* the last position in the array;
*
*
* Note the last state of the array is always treated as a boundary for the
* player, even if it is OPEN_GATE or PORTAL.
* All pearls in the sequence are changed to EMPTY and any open gates passed
* by the player are changed to CLOSED_GATE by this method. (If the player's new index
* is on an open gate, its state remains OPEN_GATE.)
* @param states
* a valid state sequence
* @return
* the player's new index
*/
public static int movePlayer(State[] states)
{
// TODO
return 0;
}
/**
* Updates the given state sequence to be consistent with shifting all movable
* blocks as far to the right as possible, replacing their previous positions
* with EMPTY. Adjacent movable blocks
* with opposite parity are "merged" from the right and removed. The
* given array is assumed to be valid for moveBlocks in the sense of
* the method validForMoveBlocks. If a movable block moves over a pearl
* (whether or not the block is subsequently removed
* due to merging with an adjacent block) then the pearl is also replaced with EMPTY.
*
* Note that merging is logically done from the right.
* For example, given a cell sequence represented by ".+-+#", the resulting cell sequence
* would be "...+#", where indices 2 and 3 as move to index 3 and disappear
* and position 1 is moved to index 3.
* @param states
* a valid state sequence
*/
public static void moveBlocks(State[] states)
{
// TODO
}
}
Here's the class where you can check your code
package mini2;
/**
* Possible cell states for a certain puzzle game.
*/
public enum State
{
// WARNING: if we change these, be sure to update the TEXT array
too!
EMPTY,
WALL,
PEARL,
OPEN_GATE,
CLOSED_GATE,
MOVABLE_POS,
MOVABLE_NEG,
SPIKES_LEFT,
SPIKES_RIGHT,
SPIKES_DOWN,
SPIKES_UP,
SPIKES_ALL,
PORTAL;
public static boolean isMovable(State s)
{
return s == MOVABLE_POS || s == MOVABLE_NEG;
}
public static boolean canMerge(State s1, State s2)
{
return s1 == MOVABLE_POS && s2 == MOVABLE_NEG ||
s2 == MOVABLE_POS && s1 == MOVABLE_NEG;
}
public static boolean isBoundary(State s, boolean
containsMovable)
{
if (!containsMovable)
{
return s == CLOSED_GATE ||
s == SPIKES_LEFT ||
s == SPIKES_RIGHT ||
s == SPIKES_DOWN ||
s == SPIKES_UP ||
s == SPIKES_ALL ||
s == WALL;
}
else
{
return s == CLOSED_GATE ||
s == SPIKES_LEFT ||
s == SPIKES_RIGHT ||
s == SPIKES_DOWN ||
s == SPIKES_UP ||
s == SPIKES_ALL ||
s == WALL ||
s == OPEN_GATE ||
s == PORTAL;
}
}
public static final char[] TEXT = {
'.', // EMPTY,
'#', // WALL,
'@', // PEARL,
'o', // OPEN_GATE,
'x', // CLOSED_GATE,
'+', // MOVABLE_POS,
'-', // MOVABLE_NEG,
'<', // SPIKES_LEFT,
'>', // SPIKES_RIGHT,
'v', // SPIKES_DOWN,
'^', // SPIKES_UP,
'*', // SPIKES_ALL,
'O'// PORTAL;
};
public static final char NULL_CHAR = 'n';
public static char getChar(State s)
{
if (s == null)
{
return NULL_CHAR;
}
else
{
return TEXT[s.ordinal()];
}
}
public static State getValue(char c)
{
int i;
for (i = 0; i < TEXT.length; ++i)
{
if (TEXT[i] == c)
{
break;
}
}
if (i < TEXT.length)
{
return State.values()[i];
}
else if (c >= 'A' && c <= 'Z')
{
return State.PORTAL;
}
else return null;
}
public static String toString(State[] arr)
{
return toString(arr, true);
}
public static String toString(State[] arr, boolean addSpaces)
{
String text = "";
for (int col = 0; col < arr.length; ++col)
{
State s = arr[col];
char ch = getChar(s);
text += ch;
if (addSpaces && col < arr.length - 1)
{
text += " ";
}
}
return text;
}
}
In: Computer Science
Chris Gumede was recently hired by S&S Air to assist the company with its financial planning and to evaluate the company’s performance. Chris graduated from university five years ago with a finance degree.
S&S Air was founded 10 years ago by friends Mark and Thandi. The company has manufactured and sold light aeroplanes over this period and the company’s products have received high reviews for safety and reliability. The company has a niche market in that it sells primarily to individuals who own and fly their own aeroplanes. The company has two models, the Birdie which sells for R2 530 000 and the Eagle which sells for R5 780 000.
While the company manufactures aircraft, its operations are different from commercial aircraft companies. S&S Air builds aircraft to order. By using prefabricated parts, the company is able to complete the manufacture of an aeroplane in only five weeks. The company also receives a deposit on each order, as well as another partial payment before the order is complete. In contrast, a commercial aeroplane may take one and a half to two years to manufacture once the order is placed.
Mark and Thandi have provided the following financial statements. Chris has gathered the industry ratios for the light aeroplane manufacturing industry.
S&S Air
2018 Financial Statements
| Income Statement | |
| Sales | R128 700 000 |
| Cost of goods sold | 90 700 000 |
| Other expenses | 15 380 000 |
| Depreciation | 4 200 000 |
| PBIT | 18 420 000 |
| Interest | 2 315 000 |
| PBT | 16 105 000 |
| Tax (40%) | 6 442 000 |
| NPAT | R 9 663 000 |
| Dividends | 2 898 900 |
| Add to retained profits | 6 764 100 |
| 2018 Balance sheet | |||||
| Ordinary shares | 1 000 000 | Net non-current assets | R72 280 000 | ||
| Retained profits | 41 570 000 | ||||
| Shareholders equity | R42 570 000 | Inventory | 4 720 000 | ||
| Long-term debt | R25 950 000 | Accounts receivable | 4 210 000 | ||
| Cash | 2 340 000 | ||||
| Accounts payable | 4 970 000 | Current assets | R11 270 000 | ||
| Short-term debt | 10 060 000 | ||||
| Current liabilities | R15 030 000 | ||||
| R83 550 000 | R83 550 000 | ||||
Light Aeroplane Industry Ratios
| Lower Quartile | Median | Upper Quartile | |
| Current ratio | 0,50 | 1,43 | 1,89 |
| Quick ratio | 0,21 | 0,38 | 0,62 |
| Cash ratio | 0,08 | 0,21 | 0,39 |
| Total asset turnover | 0,68 | 0,85 | 1,38 |
| Inventory days | 74,6 | 59,3 | 33,5 |
| Receivables days | 58,2 | 37,2 | 25,9 |
| Total debt ratio | 0,44 | 0,52 | 0,61 |
| Debt-equity ratio | 0,79 | 1,08 | 1,56 |
| Equity multiplier | 1,79 | 2,08 | 2,56 |
| Times interest earned | 5,18 | 8,06 | 9,83 |
| Cash coverage ratio | 5,84 | 8,43 | 10,27 |
| Profit margin | 4,05% | 6,98% | 9,87% |
| Return on assets (after tax) | 6,05% | 10,53% | 13,21% |
| Return on equity | 9,93% | 16,54% | 26,15% |
Questions
In: Accounting
P3-2 (Algo) Recording Journal Entries LO3-4
Ryan Terlecki organized a new Internet company, CapUniverse, Inc. The company specializes in baseball-type caps with logos printed on them. Ryan, who is never without a cap, believes that his target market is college and high school students. You have been hired to record the transactions occurring in the first month of operations.
Issued 3,000 shares of $0.01 par value common stock to investors for cash at $30 per share.
Borrowed $66,000 from the bank to provide additional funding to begin operations; the note is due in two years.
Paid $2,400 cash for rent of a warehouse: $1,200 for the current month’s rent and another $1,200 for next month’s rent.
Paid $2,280 for a one-year fire insurance policy on the warehouse (recorded as a prepaid expense).
Purchased furniture and fixtures for the warehouse for $11,000, paying $2,700 cash and the rest on account. The amount is due within 30 days.
Purchased for $3,300 cash The University of Pennsylvania, Notre Dame, The University of Texas at Austin, The Ohio State University, and Michigan State University baseball caps as inventory to sell online.
Placed advertisements on Google for a total of $310 cash; the ads were run immediately.
Sold caps totaling $2,000, half of which was charged on account. The cost of the caps sold was $1,200. (Hint: Make two entries.)
Made full payment for the furniture and fixtures purchased on account in (e).
Received $240 from a customer on account.
Required:
Prepare journal entries for each transaction. Note that transaction
(h) will require two entries, one for revenue and one for
the related expense. (If no entry is required for a
transaction/event, select "No journal entry required" in the first
account field.)
In: Accounting
Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken files as a single taxpayer. Ken won $1,200 in an illegal game of poker (the game was played in Utah, where gambling is illegal). Ken sold 1,000 shares of stock for $32 a share. He inherited the stock two years ago. His tax basis (or investment) in the stock was $31 per share. Ken received $25,000 from an annuity he purchased eight years ago. He purchased the annuity, to be paid annually for 20 years, for $210,000. Ken received $13,000 in disability benefits for the year. He purchased the disability insurance policy last year. Ken decided to go back to school to learn about European history. He received a $500 cash scholarship to attend. He used $300 to pay for his books and tuition, and he applied the rest toward his new car payment. Ken’s son, Mike, instructed his employer to make half of his final paycheck of the year payable to Ken as a gift from Mike to Ken. Ken received the check on December 30 in the amount of $1,100. Ken received a $610 refund of the $3,600 in state income taxes his employer withheld from his pay last year. Ken claimed $12,050 in itemized deductions last year (the standard deduction for a single filer was $12,000). Ken received $30,000 of interest from corporate bonds and money market accounts.
Complete page 2 of Form 1040, Line 1-6 and Form 1040, Schedule 1, Lines 1-22 for Ken.
In: Accounting
Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken files as a single taxpayer.
Comprehensive Problem 5-75 Part 2 (Static)
Complete page 1 of Form 1040, Line 1-7b and Form 1040, Schedule 1, Lines 1-9 for Ken.
In: Accounting
A nurse is assessing a client after administering phenytoin IV
bolus for a seizure. Which of the following should the nurse
identify as an adverse effect of this medication?
A. Hypoglycemia
B. Red man syndrome
C. Bradycardia
D. Hypotension
66. A nurse is planning to administer medication to
an older adult client who has dysphagia. Which of the following
actions should the nurse plan to take?
A. Tilt the client’s head back when administering the
medications
B. Administer more than one pill to the client at a
time
C. Mix the medication with a semisolid food for the
client
D. Place the medications on the back of the client’s
tongue
68. A nurse is caring for a client who is in shock
and is receiving an infusion of albumin. Which of the following
findings should the nurse expect?
A. Oxygen saturation 96%
B. PaCO2 30 mm Hg
C. Decrease in protein
D. Increased in BP
19. A nurse is administering 4 mg of hydromorphone to a client
by mouth every 4 hr. The medication is provided as hydromorphone 8
mg per tablet. Which of the following actions is appropriate for
the nurse to take?
a. Store the remaining half of the pill in the
automated medication dispensing system
b. Place the remaining half of the pill in the
unit-dose package
c. Dispose of the remaining medication while another
nurse observes
d. Return the remaining medication to the facility’s
pharmacy
6. A nurse is teaching a guardian of a school-age
child who has a new prescription for a fluticasone metered-dose
inhaler. Which of the following information should the nurse
include in the teaching? (Select all that apply)
“Rinse your child mouth following
administration”
“Soak the inhaler in water after use”
“Have your child take one inhalation as needed for
shortness of breath”
“Shake the device prior to administration”
“ A spacer will make it easier to use the
device”
In: Nursing