Salaries for teachers in a particular elementary school district are normally distributed with a mean of $46,000 and a standard deviation of $4,900. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)

(a) Find the 90^th percentile for an individual teacher's salary.


(b) Find the 90^th percentile for the average teacher's salary.

Salaries for teachers in a particular elementary school district are normally distributed with a mean of $46,000 and a standard deviation of $4,500. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)

A) Find the 90^th percentile for an individual teacher's salary.

B)Find the 90^th percentile for the average teacher's salary.

Salaries for teachers in a particular elementary school district are normally distributed with a mean of $42,000 and a standard deviation of $5,700. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)

(a) Find the 90^th percentile for an individual teacher's salary.
$ =

(b) Find the 90^th percentile for the average teacher's salary.
$ =

Immunology:

We have seen that inherited conditions in which an individual lacks antibodies can be treated by the intravenous administration of gamma-globulin from donors. Briefly indicate how the following donor characteristics may affect the “quality” of gamma-globulin obtained.

a) Age

b) Geographical location (relative to recipient)

c) Occupation

1. if a buffer has a 4 charge and it is involved in removing two hydrogen ions from a solution, the buffers charge will become:

2. How many times more basic is a solution with a pH of 9 compared to a solution with a pH of 2?

3. What is the term used when describing an electrolyte becoming individual ions?

Company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by a MBA student. The production line would be set up in unused space (Market Value Zero) in Sugar Land’ main plant. Total cost of the machine is $350,000. The machinery has an economic life of 4 years and will be depreciated using MACRS for 3-year property class. The machine will have a salvage value of $35,000 after 4 years.

The new line will generate Sales of 1,750 units per year for 4 years and the variable cost per unit is $110 in the first year. Each unit can be sold for $210 in the first year. The sales price and variable cost are expected to increase by 3% per year due to inflation. Further, to handle the new line, the firm’s net working capital would have to increase by $30,000 at time zero (No change in NWC in years 1 through 3 and the NWC will be recouped in year 4). The firm’s tax rate is 40% and its weighted average cost of capital is 11%.

**** Estimate the after tax salvage cash flow

*******Estimate the net cash flow of this project

Year zero

Year 1

Year 2

Year 3

Year 4

Estimate the NPV, IRR, MIRR, and profitability Index of the project.

Expectancy Theory of Motivation Exercise

• For each person, please complete the expectancy table below. Be sure to explain your thinking. You MUST be clear with your reasoning and assumptions you make.
• Submit the assignment by the due date.
• Remember – there may be COMPANY offered outcomes/rewards AND/OR there may be outcomes/rewards that the individual expects. Each person has two rewards.
• There are NO punishments or “no rewards” that are permissible responses for outcomes/rewards cell.
• Be sure to watch the MyMedia Expectancy Theory Individual Activity prior to doing the activity. It walks you through the first situation – Arthur. (See the sample responses below).

Arthur – Arthur has been working for the same insurance firm for 20 years He was recently transferred to a position where he supervises a group of young managers-in-training. As a senior employee he is well paid. Money though doesn’t mean much to Arthur. His investments have done well and he has no family to support. Arthur’s principal interest has always been the work itself. If he’s diligent, Arthur is able to do a good job. But the transfer has taken him away from his previous work and he finds supervision uninteresting. In recognition of this, Arthur has been given a raise and promised more of the same work.

18. Cost variance could exist for control accounts using the LOE work measurement where the earned value is equal to the budget.

True

False

19. The _____ is needed to confirm whether a project is behind schedule if the earned value is less than the budget

21. Identify and describe the three types of work measurement.

Journalize the July transactions. Use journal page 1. Post the July transactions from page J1 to the general ledger. Prepare a trial balance at July 31 using the running balance total for each account in the ledger. Journalize the adjusting entries. Use journal page 2. Post the July adjusting entries from page J2 to the general ledger. Prepare an adjusted trial balance at July 31 using the updated running balance total for each account in the ledger. Prepare the Income Statement for July. Prepare the Statement of Owners Equity for July. Prepare a classified Balance Sheet at July 31, 2019. Journalize the necessary closing entries. Use journal page 3. Post the July closing entries from page J3 to the general ledger. Prepare a post-closing trial balance at July 31. Alexis Mohamed opened Beachy-Kleen Cleaning Service on July 1, 2019. During July, the company completed the following transactions: July 1 Owner Alexis Mohamed invested $35,000 cash and $7,865 of cleaning equipment in the business. 1 Purchased a used truck for $12,500, paying $2,500 cash and the balance on account. 3 Purchased cleaning supplies for $1,973 on account. 5 Paid $1,800 on a one-year insurance policy, effective July 1. 12 Billed customers $3,927 for cleaning services. 15 Received $1,875 from customers for future cleaning services. 18 Paid $3,000 of amount owed on truck. 20 Paid $765 for employee salaries. 21 Collected $2,540 from customers billed on July 12. 25 Billed customers $5,750 for cleaning services. 31 Paid gasoline for the month on the truck, $287. 31 Owner Alexis Mohamed withdrew $1,200 for personal use. Adjustments: July 31 Earned but unbilled fees at July 31 were $1,936. Depreciation on truck for the month was $225. Earned $475 of payment received on July 15. One-twelfth of the insurance expired. An inventory count shows $492 of cleaning supplies on hand at July 31. Accrued but unpaid employee salaries were $469

Ledgers are needed as well as journals 1, 2 and 3.

1. Computers R US took out a 9 month, 4.25, $17,000 note on August 1, 2019 with interest and principal to be paid on maturity. 2. On October 1, 2019, Computers R US rented some storage space at a rate of $450 per month. On that date, Computers R US recorded Rent Expense for six months rent paid in advance 3. Computers R US purchased $4,780 of office supplies during the year and the asset office supplies account was increased A count of the supplies on hand Dec 31, 2019, indicates a balance of $485. 4. $16,500 of store supplies were purchased during the year and were immediately expensed. A count of the store supplies on hand December 31, 2019, indicates a balance of $1.275. 5. On June 1, 2019 an 18-month insurance policy was purchased for $9,000. 6. On Dec 1, 2019, Computers R US collected $32,000 for consulting services to be performed from Dec. 1, 2019 to Feb. 28, 2020. The company credited the revenue account when paid. 7. On October 1, 2019, Computers R Us issued a 5-month note receivable to Morerams Inc. at an annual interest rate of 5%. Principle and interest will be paid at the end of the 5-months. The note was recorded in Notes Receivable and is the only note outstanding.

, A. Prepare a worksheet (Show formulas and use an "IF" statement)

B. Prepare the adjusting journal entries

C. Prepare a multiple step income statement

D. Prepare a statement of retained earnings

E. Prepare a balance sheet

F. Prepare the closing entries