Questions
Compare and contrast the political ideas associated with “Populism” and “Progressivism” during the late nineteenth and...

Compare and contrast the political ideas associated with “Populism” and “Progressivism” during the late nineteenth and early twentieth centuries. What problems did those ideologies address, and what solutions did they propose? In what ways were they similar? In what ways were they different?

In: Psychology

Philosophy: Name the three early Greek Milesians mentioned by Solomon, and briefly describe each thinker’s theory...

Philosophy:

Name the three early Greek Milesians mentioned by Solomon, and briefly describe each thinker’s theory about the nature of the universe.

In again referring to the three just-mentioned Milesian cosmologists, each of their respective arguments for a single factor, thing, or “stuff,” is an example of ________?

In: Psychology

What is the central idea in Christine de Pisan's "City of Ladies," and why is it...

What is the central idea in Christine de Pisan's "City of Ladies," and why is it considered an early Feminist text? Are there any earlier Feminist texts that the author could have used as inspiration? Give an example if you have come across one in your reading.

In: Psychology

How would you determine if an existing Early childhood Education checklist or rating scale is appropriate...

How would you determine if an existing Early childhood Education checklist or rating scale is appropriate for children of various cultures? Give an example of a behavior or development that would be be best studied via the checklist and rating scales and an example of a behavior that would be difficult to assess.

In: Psychology

The accompanying table, MultiLinear Regression 5, provides data for tar, nicotine, and carbon monoxide (CO) contents...

The accompanying table, MultiLinear Regression 5, provides data for tar, nicotine, and carbon monoxide (CO) contents in a certain brand of cigarette. All measurements are in milligrams (mg).

MultiLinear Regression 5

Nicotine (Y) Tar (X1) CO (X2)
0.4 5 3
0.9 9 11
0.7 12 18
0.8 13 18
1 16 18
0.6 6 6
0.9 15 18
1.1 15 15
0.8 13 18
1.2 17 16

Part a) Run the Multilinear Regression Analysis in Excel with both predictor variables. What is the adjusted R2 value to the nearest hundredth of a percent (i.e. 45.67%)?
Adjusted R2 =

Part b) What is the p-value for the full model? Round answer to nearest thousandth of a percent (i.e. 0.123%).
Model p-value =

Part c) What are the p-values for the variable coefficients? Round answers to the nearest hundredth of a percent (i.e. 0.12%)
Tar p-value =

CO p-value =

Part d) Run simple linear regression for just Nicotine & Tar and then for just Nicotine & CO. Write down the R2
values and p-values for those two models.

Model

R2 value

(hundredth percent, i.e. 12.34%)

Model p-value

(thousandth percent, i.e. 0.123%)

Nicotine & Tar
Nicotine & CO

Part e) Using your analyses from parts a) through d), determine the model that is the best fit for these data. Use a significance level of 0.05, and consider each model’s p-value, R2 value (or adjusted R2 value), the p-values for each of the coefficients to determine the best fit model. Use that model to estimate the Nicotine level in a cigarette having 9 mg of tar and 9 mg of CO. Round answer to nearest hundredth of a milligram (i.e. 0.81 mg).
Predicted Nicotine Level =

In: Statistics and Probability

Bank Reconciliation and Entries The cash account for Pala Medical Co. at June 30, 20Y1, indicated...

Bank Reconciliation and Entries

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $12,020. The bank statement indicated a balance of $14,010 on June 30, 20Y1. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:

Checks outstanding totaled $5,040.

A deposit of $5,250, representing receipts of June 30, had been made too late to appear on the bank statement.

The bank collected $2,730 on a $2,590 note, including interest of $140.

A check for $440 returned with the statement had been incorrectly recorded by Pala Medical Co. as $400. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.

A check drawn for $50 had been erroneously charged by the bank as $500.

Bank service charges for June amounted to $40.

Required:

1. Prepare a bank reconciliation.

Pala Medical Co.
Bank Reconciliation
June 30, 20Y1
Cash balance according to bank statement $
Adjustments:
Deposit of June 30, not recorded by bank $
Bank error in charging check as $500 instead of $50
Outstanding checks
Total adjustments
Adjusted balance $
Cash balance according to company's records $
Adjustments:
Proceeds of note collected by bank, including $140 interest $
Error in recording check.
Bank service charges
Total adjustments
Adjusted balance $

Feedback

2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a compound transaction, if an amount box does not require an entry, leave it blank.

a. 20Y1 June 30 Cash
Notes Receivable
Interest Revenue
b. June 30 Accounts Payable-Skyline Supply Co.
Miscellaneous Expense
Cash

Feedback

3. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?
$

In: Accounting

At 31/12/2018 Sad co. has the following securities in its investment portfolio ;( all are holding...

At 31/12/2018 Sad co. has the following securities in its investment portfolio ;( all are holding for sale) 50000 shares of Yara company $200000 30000 shares of Handee company $180000 25,000 shares of fatma company $250000 Fair Market Adjustments account shows $1300 debit balance During 2019 Sad co. had the following transaction in investment securities: 1-15/01/2019 sold Yara securities at $7 2-1/3/2019 purchased 100,000 shares of Al_Rahman co. ordinary shares for $3.5 for each. 3-1/05/2019sold 10000 of Handee at $6. 4-1/7/2019 purchased 5,000 shares of fatma company ordinary shares for $12 for each. 5-15/7/2019 purchased 10,000 shares of Kareem co. ordinary shares for land cost $180,000. 6- 31/07/2019 received $10000 from Handee Company as dividend. 7- 31/08/2019 sold 10,000 Handee shares at $3. 8-30/09/2019 received $20000 from Al_rahman Company as dividend. 9-31/10/2019 purchased for $250000 (100,000@2) ordinary shares from total 400,000 RAD ordinary shares. ( not for sale) 10- 31/12/2019, received dividend from RAD co. $5,000 and total net income for RAD co. was $180,000 The fair market value for the stocks at 31/12/2019 was Handee company 6.5 Fatma company 10.5 Al_rahman company 3.4 Kareem 19 Required: 1) Journalized the above transactions? 2) Journalized the adjusted entry to record securities at fair market values at 31/12/2019? 3) Prepare T –account for investment holding for sale and investing for non-sale.

In: Accounting

Horizon Co is a manufacturing company that wishes to evaluate an investment in new production machinery....

Horizon Co is a manufacturing company that wishes to evaluate an investment in new production machinery. The machinery would enable the company to satisfy increasing demand for existing products and the investment is not expected to lead to any change in the existing level of business risk of Horizon Co. The machinery will cost Rs.2·5 million, payable at the start of the first year of operation, and is not expected to have any scrap value. Annual before-tax net cash flows of Rs. 680,000 per year would be generated by the investment in each of the five years of its expected operating life. These net cash inflows are before taking account of expected inflation of 3% per year. Initial investment of Rs. 240,000 in working capital would also be required, followed by incremental annual investment to maintain the purchasing power of working capital.

Horizon Co has in issue five million shares with a market value of Rs. 3·81 per share. The equity beta of the company is 1·2. The yield on short-term government debt (Risk free rate) is 4·5% per year and the equity risk premium is approximately 5% per year. The debt finance of Horizon Co consists of bonds with a total book value of Rs. 2 million. These bonds pay annual interest before tax of 7%. The par value and market value of each bond is Rs. 100. 2 Horizon Co pays taxation one year in arrears at an annual rate of 25%. Capital allowances (taxallowable depreciation) on machinery are on a straight-line basis over the life of the asset.

Required:

a. Calculate the after-tax weighted average cost of capital of Horizon Co. b. Prepare a forecast of the annual after-tax cash flows of the investment in nominal terms, and calculate and comment on its net present value.

In: Finance

Bank Reconciliation and Entries The cash account for Pala Medical Co. at June 30, 20Y1, indicated...

Bank Reconciliation and Entries

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $12,630. The bank statement indicated a balance of $14,690 on June 30, 20Y1. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:

Checks outstanding totaled $5,290.

A deposit of $5,510, representing receipts of June 30, had been made too late to appear on the bank statement.

The bank collected $2,860 on a $2,720 note, including interest of $140.

A check for $770 returned with the statement had been incorrectly recorded by Pala Medical Co. as $700. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.

A check drawn for $50 had been erroneously charged by the bank as $500.

Bank service charges for June amounted to $60.

Required:

1. Prepare a bank reconciliation.

Pala Medical Co.
Bank Reconciliation
June 30, 20Y1
Cash balance according to bank statement $
Adjustments:
Deposit of June 30, not recorded by bank $
Bank error in charging check as $500 instead of $50
Outstanding checks
Total adjustments
Adjusted balance $
Cash balance according to company's records $
Adjustments:
Proceeds of note collected by bank, including $140 interest $
Error in recording check.
Bank service charges
Total adjustments
Adjusted balance $

2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a compound transaction, if an amount box does not require an entry, leave it blank.

a. 20Y1 June 30 Cash
Notes Receivable
Interest Revenue
b. June 30 Accounts Payable-Skyline Supply Co.
Cash

3. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?
$

In: Accounting

Create a general journal for the following merchandising transactions of Ryan’s, which uses a perpetual inventory...

Create a general journal for the following merchandising transactions of Ryan’s, which uses a perpetual inventory system and the gross method:

Jul. 1 - purchased merchandise from Wright company for $11,000 under credit terms of 1/15, n30, FOB Shipping point, invoice dated July 1.

Jul.2 - Sold merchandise to Lee Co. for $3,400 under credit terms of 2/10, n60, FOB Shipping point, invoice dated July 2. The merchandise had cost of $2,040.

Jul. 3 - Paid $1,125 cash for freight charges on the purchase of July 1.

Jul. 8 - Sold merchandise that had cost $4000 for $6700 cash

Jul. 9 - purchased merchandise from Lane Co. for $4700 under credit terms of 2/15, n60, FOB destination, invoice dated July 9.

Jul. 11 - received a $900 credit memorandum from lane company for the part of the merchandise purchased on July 9.

Jul. 12 - received the balance due from Lee company for the invoice dated July 2, net of discount.

Jul. 16 - paid the balance due to wright company within the discount period.

Jul. 19 - sold merchandise that cost $4300 to Martin Co. for $6200 under credit terms of 2/15, n60, FOB shipping, invoice dated July 19.

Jul. 21 - issued a $1200 credit memorandum to Martin Co. for an allowance on goods sold on July 19.

Jul. 24 - paid Lane Co. the balance due, net of discount

Jul. 30 - received the balance due from Martin Co. for the invoice acted July 19, net of discount

Jul. 31 - sold merchandise that cost $7200 to Lee company for $12000 under credit terms of 2/10, n60, FOB shipping point, invoice dated July 31.

In: Accounting