Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose that a random sample of companies yielded the following data: B: Percent for company 2 5 29 8 21 14 13 12 A: Percent for CEO -1 5 21 13 12 18 9 8 Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 1% level of significance. Will you use a left tailed, right tailed, or two tailed test? Select one: a. two tailed test b. right tailed test c. left tailed test

Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose that a random sample of companies yielded the following data:

B: Percent for company 28 16 25 26 18 20 7 10

A: Percent for CEO 23 14 23 18 23 10 4 14

Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. Find (or estimate) the P-value.

Select one:

a. P-value = 0.50

b. P-value = 0.40

c. 0.02 < P-value < 0.05

d. 0.20 < P-value < 0.40

e. 0.01 < P-value < 0.02

A political pollster is conducting an analysis of sample results in order to make predictions on election night. Assuming a​ two-candidate election, if a specific candidate receives at least 55​% of the vote in the​ sample, that candidate will be forecast as the winner of the election. You select a random sample of 100 voters. Complete parts​ (a) through​ (c) below.

a. What is the probability that a candidate will be forecast as the winner when the population percentage of her vote is 50.1​%? The probability is nothing that a candidate will be forecast as the winner when the population percentage of her vote is 50.1​%. ​(Round to four decimal places as​ needed.)

b.

c.

d.

in java

Write a class named “Stock” to model a stock. The properties and methods of the class are shown in figure below. The method “ percentage ” computes the percentage of the change of the current price vs the previous closing price. Write a program to test the “Stock” class. In the program, create a Stock object with the stock symbol SUND, name Sun Microsystem V, previous closing price of 100. Set a new current price randomly and display the price percentage.

Stock

private String symbol
private String name
private double previousClosingPrice

private double currentPrice
public Stock()
public Stock(String symbol, String name)

public String getSymbol()
public String getName()
public double getPreviousClosingPrice()
public double getCurrentPrice()
public void setSymbol(String symbol)
public void setName(String name)
public void setPreviousClosingPrice(double price)
public void setCurrentPrice(double price)
public double percentage()

Simon is recently qualified as a professional accountant after completing

the practical requirements with Lau, Ho &amp; Co. Certified Public Accountants (Lau). Soon afterwards, Simon applied for and secured a position with a Lau audit client, which is called Chan Cheung Kee Construction and Investment Co. (CCK). CCK is a Hong Kong based company listed on the Stock Exchange of Hong Kong. Simon has never worked on the audit of CCK before. During his first month at his new job, Simon becomes aware of the fact that a Lau's recommendation was partially or entirely responsible for him having been chosen for his job. Lau's advice is often sought by CCK's senior management. CCK requested Lau to provide some audit working papers relating to CCK's systems and operating procedures so that Simon can use these documents to speed up his training on CCK's system and operating procedures. Lau agreed and subsequently asked a junior audit staff to duplicate extracts from last year's audit working papers. One of the working papers extracts, which probably should not have been photocopied, indicates that Lau charges CCK its audit fee based on a formula that is calculated as a varying percentage, depending on how successful CCK is in its public offerings during the year. Simon does not immediately react by asking any potentially embarrassing questions. However, Simon is concerned with the apparent ethical violation. Simon is also uncertain about the ethical responsibilities that he has to both past and present employers, and to the professional bodies.

Discussion

a. Describe the apparent ethical violation.

In this assignment, you will be given several different scenarios. You will need to type on a separate sheet of paper which plan type you think would be best for each situation and why you have chosen that plan type. Each scenario will be worth 1 point. There are nine scenarios, so you will receive 1 extra point for turning the assignment in on time. Each scenario will have only one correct answer and you may not use the same plan type for more than one scenario. The plan types that you can choose from are: a Straight Defined Benefit Plans, a Target Benefit Plans, an ESOP, a SIMPLE, a SEP, a 401(k), a 403(b), a Profit Sharing Plan, or a Money Purchase Pension Plan.

Scenario #2

A group of construction companies has formed a very small company that can handle union negotiations when the need arises. The company is really just 2 full-time people and a part-time administrative assistant. In order to keep the lead employee, who has a tremendous rapport with the union leaders, they feel that they need to offer some form of retirement benefit. They are willing to have a required contribution that is linked to a percentage of the employee’s compensation, but they do not want to bear any investment risk. They also want to minimize costly coverage testing. Because the employee has limited investment knowledge they want them to be set up to roll their plan into an annuity once they eventually retire. This combination will give the valuable employee peace-of-mind and enable to company to retain this person’s skills. What plan type is best for this potential client?

Derby Company produces baseball gloves and cricket gloves. It has two departments that process all products. During July, the beginning Work-in-Process in the Cutting department was half completed as to conversion, and fully complete as to direct materials. The beginning inventory included $40,000 for materials and $60,000 for conversion costs. Ending work-in-process inventory in the Cutting department was 40% complete. Direct materials are added at the beginning of the process.

Beginning Work-in-Process in the Finishing department was 80% complete as to conversion. Direct materials for Finishing the units are added near the end of the process and conversion costs are added evenly throughout. Beginning inventories included $28,000 for transferred-in costs and $32,000 for conversion costs. Ending inventory was 30% complete. Additional information about the two departments is in the table below:

Required:

1. Prepare a production cost worksheet, using WEIGHTED AVERAGE for the finishing department. Round to two decimal places in calculations

2. Prepare the journal entry to recognise COGM for the period transferred out of the Finishing Department.

3. Explain the effect on the asset account Finished Goods, in periods of rising prices if using a FIFO method of process costing versus WEIGHTED average method of process costing and there are ending inventories. (1 Mark) What is a benefit that

Western Trading Company is a sole proprietorship engaged in the grain brokerage business. On December 31, 20X0, the entire grain inventory of the company was stored in outside bonded warehouses. The company's procedure of pricing inventories in these warehouses includes comparing the actual cost of each commodity in inventory with the market price as reported for transactions on the commodity exchanges at December 31. A write-down is made on commodities in which cost is in excess of market. During the course of the 20X0 audit, the auditors verified the company's computations. In addition to this, they compared the book value of the inventory with market prices at February 15, 20X1, the last day of fieldwork. The auditors noted that the market prices of several of the commodities had declined sharply subsequent to year-end, until their market price was significantly below the commodities' book values.

The inventory was repriced by the auditors on the basis of the new market prices, and the book value of the inventory was found to be in excess of market value on February 15 by approximately $21,000. The auditors proposed that the inventories be written down by $17,000 to this new market value, net of gains on the subsequent sales. The management protested this suggestion, stating that in their opinion the market decline was only temporary and that prices would recover in the near future. They refused to allow the write-down to be made. Accordingly, the auditors qualified their audit opinion for a departure from generally accepted accounting principles.

Required:

1. Were the auditors justified in issuing a qualified opinion in this situation? Discuss fully, including alternative courses of action.
2. State your opinion as to the course of action that was appropriate in this situation.

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

For example, electricity costs are $1,400 per month plus $0.08 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.30 per car washed.

The actual operating results for August appear below.

Required:

Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)