1: Let X be the set of all ordered triples of 0’s and 1’s. Show that X consists of 8 elements and that a metric d on X can be defined by ∀x,y ∈ X: d(x,y) := Number of places where x and y have different entries.

2: Show that the non-negativity of a metric can be deduced from only Axioms (M2), (M3), and (M4).

3: Let (X,d) be a metric space. Show that another metric D on X can be defined by ∀x,y ∈ X: D(x,y) := d(x,y)/(1 + d(x,y)).

4: Let (X,d) be a metric space.

1. Show that every open d-ball is a d-open subset of X.
2. Show that every closed d-ball is a d-closed subset of X.

5: Let (X,d) be a metric space. Show that a subset A of X is d-open if and only if it is the union of a (possibly empty) set of open d-balls.

The US Federal Reserve Bank (FED) is considering tightening the money supply now. The United States has an open macro-economy including exports and imports, a market for foreign currency (exchange rates are the price in this market), and international capital mobility. If the FED does restrict the money supply, it will affect investment as it would in a closed economy. But now, adjustments in the foreign currency market occur that induce further changes in aggregate Supply and Demand.

Summarize the majority market adjustments to the new monetary policy. First, explain how a change in the money supply affects aggregate demand(and why). Then explain the second level effects on exchange rates, and the market for goods and services (aggregate supply and demand). Use three supply/demand diagrams, one for the money market, one for the goods and services market, and one for the foreign currency market.

Compared to the closed economy we studied earlier in the semester, are the effects of a change in the money supply larger or smaller when the economy is open (Has trade and floating exchange rates)?

Record the following transactions in the journal of Capital Project Fund and
Governmental Activities. (You must prepare the journal form using Excel)

1. A capital projects fund issued $10,000,000, 5 percent bonds for $10,100,000 to finance the
construction of a little league baseball park. Premiums received are to be used to service the
debt issue.

2. The Parks and Recreation Special Revenue Fund transferred $300,000 for use in construction.

3. A construction contract was awarded in the amount of $10,200,000.

4. A bill was received from the contractor for $5,100,000

.
5. The contractor bill is paid, and 6% retain is withheld.

6. The park renovations were completed and the final bill of $5,100,000 was received. The
contractor bill and retained are approved for payment in full. Total construction expenditures
were allocated as follows: $960,000,000 to building, and the remainder to equipment.

7. The capital projects fund temporary accounts were closed, and the capital projects fund was
closed by transferring remaining funds to the debt service fund for use in debt repayment.

Mean of stock price = 1117.64

STDEV (Population) = 67.61

1. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $50 of the mean for that year (round to two places)? (Hint: this means the probability of being between 50 below and 50 above the mean).

2. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than $1050 per share (round to two places)? Would this be considered unusual? Use the definition that an unusual value is more than 2 standard deviations above or below the mean.

3. At what prices would Google have to close in order for it to be considered statistically unusual or statistically significant outliers? You will have a low and high value. There are several possible definitions for unusual in statistics, but for our project let's use the definition that an unusual value is more than 2 standard deviations above or below the mean.

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

Required:

1. Prepare a schedule of cost of goods manufactured for the month.

Prepare a schedule of cost of goods manufactured for the month.

2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

Required:

1. Prepare a schedule of cost of goods manufactured for the month.

2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

Prepare a schedule of cost of goods manufactured for the month.

Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

The Coronation painting of Napoleon by Jacques-Louis David

How would you describe the artist’s use of line in this work? Is it clear and realistic? Is it vague, blurry and imaginative? How does the use of line accomplish the artist’s intentions for the work or add to creative expression evident on the canvas?

Is the “form” of this work open, closed, open with contracting properties or closed with expanding properties?

Regarding “space,” what specific techniques does the artist use in this painting to cause your eyes to perceive depth? Name the technique and state where you think it occurs. Is it linear perspective, aerial perspective, use of shading and blur, foreshortening or use of proportion and scale among the subjects and setting?

When describing the “textures” in painting, we describe how the artist’s technique makes your eyes perceive the surface textures of the subjects and other objects in the setting. How might some of the textures in this work feel to the touch? State the subject or setting object and describe the texture represented or implied by the artist.

1.If a company uses accrual basis accounting, accrued revenues differ from deferred revenues in that accrued revenues are

a) recorded as liabilities before the cash is collected from customers.

b) recorded as liabilities before they are recognized as revenue earned.

c) recognized as revenue earned after cash is collected from customers.

d) recognized as revenue earned before cash is collected from customers.

e) journalized only when cash is collected from customers.

2. A company paid $24,000 for six months of rent beginning June 1.   The company recorded its payment as prepaid rent. If it prepares financial statements dated June 30, the adjusting entry to be made by the company is

a) debit Rent Expense for $24,000 and credit Prepaid Rent for $24,000.

b) debit Rent Expense for $4,000 and credit Prepaid Rent for $4,000.

c) debit Prepaid Rent for $4,000 and credit Cash for $4,000.

d) debit Prepaid Rent for $4,000 and credit Rent Expense for $4,000.

e) debit Rent Expense for $20,000 and credit Prepaid Rent for $20,000.

Exercise 4-12 Pharoah Corporation began operations on January 1, 2014. During its first 3 years of operations, Pharoah reported net income and declared dividends as follows: Net income Dividends declared 2014 $43,400 $ –0– 2015 131,800 57,500 2016 164,000 52,400 The following information relates to 2017. Income before income tax $242,600 Prior period adjustment: understatement of 2015 depreciation expense (before taxes) $34,700 Cumulative decrease in income from change in inventory methods (before taxes) $36,100 Dividends declared (of this amount, $34,700 will be paid on January 15, 2018) $109,900 Effective tax rate 40 % Prepare a 2017 retained earnings statement for Pharoah Corporation. (List items that increase adjusted retained earnings first.) PHAROAH CORPORATION Retained Earnings Statement $ : : $ Assume Pharoah Corporation restricted retained earnings in the amount of $75,260 on December 31, 2017. After this action, what would Pharoah report as total retained earnings in its December 31, 2017, balance sheet? Total retained earnings $

On your way for lectures one day, you came across an accident scene where the victim was bleeding profusely. You happened to be the first person at the scene so you assisted the victim to a nearby health centre. When you entered the yard of the health facility you noticed that the compound was very neat with beautiful flowers and modern structures. At the emergency ward was a nurse who was busily having a phone conversation with a supposed friend. It took her about five minutes on your arrival before attending to the accident victim in a pool of blood. After the first aid received from the nurse which could not stop the bleeding entirely, it took you between eighteen to twenty minutes before a medical officer attended to you at the emergency unit. The story was not different at the pharmacy unit where you had to go for the prescribed drugs. It took you a considerable length of time before you were finally served although there was no queue. Using the Parasuraman’s dimensions of quality, discuss the quality of service at the said health centre?