1- perpetual inventory system continually updates inventory records True Fales?

2- A company can change from lifo to fifo without notifying the internal revenue service False True?

List and explain at least 6 ways online businesses can use data that is generated from their online activities to improve revenue opportunities.

Specifically newspaper companies and PayPal or a similar company to PayPal

Q-Constructions has tasked you to investigate the number of construction projects per year for which the company would need to break-even and make a profit of $500,000 per year. The average price of a building contract is $700,000 per project. The following are the fixed and variable costs of Q-Constructions in Table 2:

Table 2: Associated Costs of Q-Constructions

Use this information above to complete the requested analyses below.

1. (5 marks) Calculate:
   1. The break-even number of projects needed by the company.
   2. The income made by the company at break-even.

Show all working out including the modelling and solution steps.

2. (3 marks) Q-Constructions is interested in making a profit per year to ensure the company has a positive financial outlook and new ventures can be done in the future. Calculate how many projects per year need to be completed to make a profit of $500,000 per year.
3. (6 marks) Q-Constructions workers’ have approached the building union and been informed they could be paid a higher salary and want their salaries to be determined based on a percentage of the project price. The company has reviewed their historical records on the number of projects per year and has made the decision to respect the workers’ demands and notice that the company would maintain a positive financial outlook if they set their break-even target at 4 projects per year. Determine the new salary percentage for the onsite workers’ on a project price based on the company’s average project price and associated costs in Table 2.

4. (3 marks) Based on the new on-site workers’ cost per project from part (c), calculate the new number of projects that need to be completed to maintain a profit of $500,000 per year.
5. (3 marks) Due to the change in the on-site workers’ salaries, what is the effect on contribution margin in relation to the variable cost? Explain the effect of this change on the break-even number in part (a).  

Hint! Your discussion should focus on the impact made by the contribution margin. You can show the calculation of the contribution margin to support your discussion, but no other calculations should be used.

6. (4 marks) In Excel, produce a break-even graph for Q-Constructions and include it here – you will also include a copy in the infographic where requested.

There will be 3 lines on the Q-Constructions Break-Even graph: one for total revenue for Q-Constructions and two representing the original total cost and the new total cost for Q- Constructions.

On the graph, identify the general regions corresponding to profits and losses. The units along the x-axis will be the number of projects. The units along the y-axis gives the revenue in dollars.

Excel Instructions:

1. Create a column called Number of Projects and enter values from 0 to 20 in single unit increments for Q-Constructions analysis. This column plays the role of ‘x’ in break-even calculations.

2. Create four more columns: Total Original Cost, Total New Cost, Total Revenue, Total Profit and add your initials to these column names. In each of these columns, enter appropriate formulae in EXCEL to obtain the total cost and total revenue corresponding to each value in the Number of Projects column.

3. Highlight all the columns and go to Insert  Charts Scatter to obtain a graph. Label the graph appropriately (i.e. title, axis labels, legend) and ensure the chart title includes your network ID (the part of your email address before @ e.g. [email protected] has the network ID jbloggs).

TOTAL 24 MARKS

Currency analysis of Merck & Co.

Why you can say Euro and Yen are exposed to the company. This can be due to its business structure (i.g. location of factories, customers and suppliers, and the currency that the products/services are quoted), and arising from the competition against its rivals.

State references.

Complete an external environmental analysis for the company uber that considers the following factors. Note: This analysis must be done before you can complete the actual assignment below.

Laws and regulations

Economy

Technology

Demographics

Social issues

Suppliers

Competitors

New entrants

Substitutes and complements

Customers

Doyle Company issued $480,000 of 10-year, 5 percent bonds on January 1, Year 2. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $57,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 2.

Required
a. Organize the transaction data in accounting equation for Year 2 and Year 3. (Enter any decreases to account balances with a minus sign. Select "NA" if there is no effect on the "Accounts Titles for Retained Earnings".)

b. Prepare the income statement, balance sheet, and statement of cash flows for Year 2 and Year 3.

The adjusted trial balance of CHO company appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31, a statement of financial position.

CHO company

Adjusted Trial Balance

December 31, 2018

                                                                                                                    Debit         Credit

Cash .................................................................................................. SAR 4,400

Accounts Receivable.........................................................................          2,200

Office Supplies..................................................................................          1,800

Office Equipment..............................................................................        15,000

Accumulated Depreciation—Office Equipment...............................                        SAR 4,000

Accounts Payable..............................................................................                       3,800

Unearned Revenue............................................................................                       5,000

Share Capital–Ordinary.....................................................................                     10,000

Retained Earnings..............................................................................                       4,400

Dividends .........................................................................................          2,500

Service Revenue................................................................................                       3,700

Office Supplies Expense...................................................................             600

Depreciation Expense........................................................................          2,500

Rent Expense.....................................................................................          1,900 ______

                                                                                                                      30,900             30,900

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Below is a sample of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied.

1. Choose the scatter diagram that best fits the data.

• Scatter diagram 1

• Scatter diagram 2

• Scatter diagram 3

2. Determine the coefficient of correlation between the two variables. (Round your answer to 3 decimal places.)

1. c-1. State the decision rule for 0.01 significance level: H₀: ρ ≤ 0; H₁: ρ > 0. (Round your answer to 3 decimal places.)

1. c-2. Compute the value of the test statistic. (Round your answer to 2 decimal places.)

1. c-3. Is it reasonable to conclude that there is a positive relationship between revenue and occupied rooms? Use the 0.01 significance level.

4. What percent of the variation in revenue in the restaurant is accounted for by the number of rooms occupied? (Round your answer to 1 decimal place.)

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Below is a sample of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied. Day Revenue Occupied Day Revenue Occupied 1 $ 1,452 32 14 $ 1,425 29 2 1,361 30 15 1,445 31 3 1,426 33 16 1,439 33 4 1,470 33 17 1,348 30 5 1,456 33 18 1,450 34 6 1,430 29 19 1,431 30 7 1,354 29 20 1,446 30 8 1,442 30 21 1,485 30 9 1,394 32 22 1,405 32 10 1,459 30 23 1,461 32 11 1,399 33 24 1,490 32 12 1,458 31 25 1,426 33 13 1,537 34

Click here for the Excel Data File

Choose the scatter diagram that best fits the data.

Scatter diagram 1 Scatter diagram 2 Scatter diagram 3

Scatter diagram 1 Scatter diagram 2 Scatter diagram 3

Determine the coefficient of correlation between the two variables. (Round your answer to 3 decimal places.)

c-1. State the decision rule for 0.05 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.)

c-2. Compute the value of the test statistic. (Round your answer to 2 decimal places.)

c-3. Is it reasonable to conclude that there is a positive relationship between revenue and occupied rooms? Use the 0.05 significance level. What percent of the variation in revenue in the restaurant is accounted for by the number of rooms occupied? (Round your answer to 1 decimal place.)