1. Problem 10-07 (Algorithmic)

   Aggie Power Generation supplies electrical power to residential customers for many U.S. cities. Its main power generation plants are located in Los Angeles, Tulsa, and Seattle. The following table shows Aggie Power Generation's major residential markets, the annual demand in each market (in megawatts or MWs), and the cost to supply electricity to each market from each power generation plant (prices are in $/MW).

   Distribution Costs
   City	Los Angeles	Tulsa	Seattle	Demand (MWs)
   Seattle	$364.25	$601.75	$67.38	958.00
   Portland	$367.25	$604.75	$189.13	842.25
   San Francisco	$166.13	$463.00	$284.88	2363.00
   Boise	$341.25	$460.00	$281.88	578.75
   Reno	$241.50	$479.00	$360.25	954.00
   Bozeman	$428.63	$428.63	$309.88	506.15
   Laramie	$367.25	$426.63	$367.25	1198.50
   Park City	$375.25	$375.25	$494.00	622.25
   Flagstaff	$238.13	$535.00	$653.75	1178.19
   Durango	$363.25	$303.88	$600.75	1472.25

   1. If there are no restrictions on the amount of power that can be supplied by any of the power plants, what is the optimal solution to this problem? Which cities should be supplied by which power plants? What is the total annual power distribution cost for this solution? If required, round your answers to two decimal places.
      
      The optimal solution is to produce  MWs in Los Angeles,  MWs in Tulsa, and  MWs in Seattle. The total distribution cost of this solution is $  .
      
   2. If at most 4000 MWs of power can be supplied by any one of the power plants, what is the optimal solution? What is the annual increase in power distribution cost that results from adding these constraints to the original formulation? If required, round your answers to two decimal places.
      
      The optimal solution is to produce  MWs in Los Angeles,  MWs in Tulsa, and  MWs in Seattle. The total distribution cost of this solution is $  . The increase in cost associated with the additional constraints is $  .

At the beginning of year X1, a company received a 20% grant towards the cost of a new machine of RM20 million. The asset has an expected life of five with no residual value. Required: Show the extract of the statement of financial position for the years ended 31 December X1 and X2 using both the deferred income and writing off against asset methods. Ceria Bhd obtained a significant amount of grant to the government to build hotels to keep up the demand for rooms generated by the Visit Malaysia programmes. The grant received was RM50 million with the understanding that the hotel built should not cost less than RM400 million. Required: Discuss how the above scenario will be treated in the financial statements of Ceria Bhd. Mahmud acquired a plant at a gross cost of RM1.6 million on 1 October X2. The plant has an estimated life of ten years with its residual value equals to 10% of its gross cost. Mahmud uses a straight line depreciation method. At the time of its purchase,Mahmud received a government grant of 30% of its cost price. One of the terms of the grant is that if the company retains the plant for five years or more, then there is no repayment liability. If the company sells the plant within one year it has to repay 75% of the cost. This amount decreases by 20% in succeeding years. Ceria has no intention of disposing of the plant within five years. Its policy for capital based government grants is to treat them as deferred credit and and release them to income over the life of the asset to which they relate. Required: Discuss whether the company’s policy for treatment of government grant meets definition of a liability MASB Conceptual Framework. Prepare the extract of Ceria’s financial statements for the year ended 30 March X3 in respect of the plant and the grant. (i) applying the company's policy (ii) in compliance with the definition of liability in the Conceptual Framework.

Problem 12-26 Simple Rate of Return; Payback [LO12-1, LO12-6]

Sharkey’s Fun Center contains a number of electronic games as well as a miniature golf course and various rides located outside the building. Paul Sharkey, the owner, would like to construct a water slide on one portion of his property. Mr. Sharkey gathered the following information about the slide:

1. Water slide equipment could be purchased and installed at a cost of $540,000. According to the manufacturer, the slide would be usable for 12 years after which it would have no salvage value.
2. Mr. Sharkey would use straight-line depreciation on the slide equipment.
3. To make room for the water slide, several rides would be dismantled and sold. These rides are fully depreciated, but they could be sold for $85,000 to an amusement park in a nearby city.
4. Mr. Sharkey concluded that about 50,000 more people would use the water slide each year than have been using the rides. The admission price would be $5.10 per person (the same price the Fun Center has been charging for the old rides).
5. Based on experience at other water slides, Mr. Sharkey estimates that annual incremental operating expenses for the slide would be: salaries, $96,000; insurance, $5,900; utilities, $14,700; and maintenance, $11,500.

Required:

1. Prepare an income statement showing the expected net operating income each year from the water slide.

2-a. Compute the simple rate of return expected from the water slide.

2-b. Based on the above computation, would the water slide be constructed if Mr. Sharkey requires a simple rate of return of at least 14% on all investments?

3. If Mr. Sharkey accepts any project with a payback period of five years or less, would the water slide be constructed?

1. Mohammad Hasan is a partner in a Big 4 accounting firm, he hired accounting students from your University to conduct the audit of Bank of Palestine. When the audit was done he received the audit report and signed it. The report was issued one day later.

2. Your mother in law is a majority shareholder in Jawwal, you are hired by the company to conduct an audit you conducted the audit and issued your report.

3. Ahmad CPA and Ali a CMA formed a Partnership to provide Audit services. The company was named the nice Audit CPA firm.

4. Samir a CPA advertised has practice on web siting several prominent clients of his firm, he also included links to the client’s websites and quotes from his happy clients.

5. Hania a CPA was talking with her husband about her work she mentioned some client’s information to prove her point.

6. Hanin a CPA in a local accounting Firm when one of her clients did not pay his bills she informed them that she will not give them their records and supporting documents until they pay.

7. Adel a CPA to supplements his income by worked as a bartender at the Movenpick hotel.

8. Majed while auditing the Palestinian Leasing Company discovered a violation IFRS 16. The company indicated to him that this violation is not Material and that following IFRS 16 will make the financial statements misleading accordingly he issued a standard report.

9. Majeda audited a company for three consecutive years without receiving any fees. Required For each case indicate the violation of the code of ethics. Explain your answer by also indicating the standard violated. In case there is no violation indicate so with your reason for your answer

Case 1 airbnb, inc in 2017 mcgraw hill education connect

How would you illustrate and compare the business models for Airbnb, large hotels chains such as Marriott and Hilton, and bed & breakfast operators?

Select “true” for those statements that are accurate and choose “false” for those that are not.

1. Airbnb has a unique customer value proposition in its use of technology, shorter, more intimate stays, varying and different locales, and cheaper and unique accommodations.
     (Click to select)   True   False  
   
2. A chain hotel/motel’s customer value proposition is similar to that of Airbnb by its use of technology, unique accommodations, and varying prices.  
     (Click to select)   True   False  
   
3. A bed & breakfast’s profit formula is based on renting rooms and overall occupancy, the cost structure associated with operating brick and mortar locations, and possibly wages if it is large enough to need staff.
     (Click to select)   True   False  
   
4. Airbnb’s profit formula is based on transaction fees charged to users, the cost structure associated with developing and updating software and technology, marketing, and wages for engineers, professional management, and staff.
     (Click to select)   True   False  
   
5. A bed & breakfast is owned by a sole proprietor; their profit margin is not impacted if they do not rent rooms or have overall occupancy.
     (Click to select)   True   False  
   
6. Chain hotels/motels’ profit margin is dependent on generating sufficient revenues across multiple locations to cover fixed and variable costs globally. Profitable locations may be used to offset losses in unprofitable locations.
     (Click to select)   True   False  
   
7. Airbnb’s profit margin is contingent upon the fixed costs associated with operating hotels and bed & breakfasts.
     (Click to select)   True   False  
   
8. A bed & breakfast’s profit margin is dependent on generating revenues sufficient to cover fixed and variable costs.
     (Click to select)   True   False

Next Visit question map

Question 1 linked to 2 3 and 4of4Total

1. Mohammad Hasan is a partner in a Big 4 accounting firm, he hired accounting students from your University to conduct the audit of Bank of Palestine. When the audit was done he received the audit report and signed it. The report was issued one day later
. 2. Your mother in law is a majority shareholder in Jawwal, you are hired by the company to conduct an audit you conducted the audit and issued your report.
3. Ahmad CPA and Ali a CMA formed a Partnership to provide Audit services. The company was named the nice Audit CPA firm.
4. Samir a CPA advertised has practice on web siting several prominent clients of his firm, he also included links to the client’s websites and quotes from his happy clients.
5. Hania a CPA was talking with her husband about her work she mentioned some client’s information to prove her point.
6. Hanin a CPA in a local accounting Firm when one of her clients did not pay his bills she informed them that she will not give them their records and supporting documents until they pay.
7. Adel a CPA to supplements his income by worked as a bartender at the Movenpick hotel.
8. Majed while auditing the Palestinian Leasing Company discovered a violation IFRS 16. The company indicated to him that this violation is not Material and that following IFRS 16 will make the financial statements misleading accordingly he issued a standard report.
9. Majeda audited a company for three consecutive years without receiving any fees.
  Required For each case indicate the violation of the code of ethics. Explain your answer by also indicating the standard violated. In case there is no violation indicate so with your reason for your answer

1- Natural selection (pick all that apply)

Group of answer choices

is a random event

can fashion perfect organisms

consistently creates non-adaptive traits

interacts with chance and the environment

does not require genetic variation to generate adaptations in descedent populations

2- Genetic drift can result when a few individuals colonize a new habitat - this is called what?

Group of answer choices

the founder effect

gene flow

genetic bottleneck

artificial selection

3- All animals belong to this domain.

Group of answer choices

Eukarya

Bacteria

Prokarya

Animalia

4- Pick characteristic(s) that apply to ALL animals.

Group of answer choices

Multicellular

single celled

Eukaryotic

Prokaryotic

Heterotrphic

Autotrophic

have no cell walls

active movement in at least one stage of life

have specialized proteins like collagen

5- What is the type of symmetry where the left and right sides of the animal are mirror images?

Group of answer choices

Bilateral

Radial

Asymmetry

6- These are the most successful group of mollusks in terms of numbers and habitats occupied.
Group of answer choices

gastropods

cephalopods

bivalves

chitons

7- What do we mean by the trophic structure of an ecosystem?
Group of answer choices

the feeding relationships between organisms in the community.

the sum of all the globes ecosystems

a biome

the amount of bioaccumulation

8- The increasing concentration of persistent organic pollutants in organisms at each successive trophic level is referred to as what?
Group of answer choices

biological magnification

energy pyramids

food webs

feeding sickness

9- This type of terrestrial biome is a rainforest which is characterized by an abundance of evergreen trees. Several of these rainforests can be found here in Washington at Olympic National Park
Group of answer choices

temperate rainforest

tropical rainforest

tundra

temperate grasslands

Accounting 339 Case 1
1. Mohammad Hasan is a partner in a Big 4 accounting firm, he hired accounting students from your University to conduct the audit of Bank of Palestine. When the audit was done here ceived the audit report and signe dit. There port was issue done day later.
2. Your mother in law is a majority shareholder in Jawwal, you are hired by the company to conduct an audit you conducted the audit and issued your report.
3. Ahmad CPA and Ali a CMA formed a Partnership to provide Audit services. The company was named the nice Audit CPA firm.
4. Samir a CPA advertised has practice on web siting several prominent clients of his firm, he also included links to the client’s websites and quotes from his happy clients.
5. Hania a CPA was talking with her husband about her work she mentioned some client’s information to prove her point.
6. Hanin a CPA in a local accounting Firm when one of her clients did not pay his bills she informed them that she will not give them their records and supporting documents until they pay.
7. Adel a CPA to supplements his income by worked as a bartender at the Movenpick hotel.
8. Majed while auditing the Palestinian Leasing Company discovered a violation IFRS 16. The company indicated to him that this violation is not Material and that following IFRS 16 will make the financial statements misleading accordingly he issued a standard report.
9. Majeda audited a company for three consecutive years without receiving any fees.
Required
For each case indicate the violation of the code of ethics. Explain your answer by
also indicating the standard violated. In case there is no violation indicate so with
your reason for your answe

A data set is provided, entitled oldfaithful_asst, on the duration and height of the Old Faithful geyser in the Yellowstone National Park.

1. Construct a scatterplot using Excel or any software (SPSS or Minitab) between the variables “duration” and “height.” Please title the graph “Scatterplot 1 Old Faithful” and create labels for both axes.
2. There seems to be a an outlier in the data set. Although an outlier is not a detriment to the data analysis, as part of an exercise, identify the outlier and delete it (simply erase its value, do not replace with zero).

• Show the new (second) scatterplot and title the graph “Scatterplot 2 Old Faithful”
• Describe the pattern that emerges. What might this relationship imply?

3. Compute the correlation coefficient between the two variables and interpret this correlation. Refer to both the strength and direction of the correlation in your interpretation. Also interpret the correlation in terms of r-squared (coefficient of determination).
4. Conduct a regression to predict duration of an eruption using height and interpret the sample slope coefficient in words.
5. What is the predicted duration for an eruption that is 115?

Old Faithful data set to answer problem:

In the context of this course, you will be asked to address the issues/questions below for Marriott International, Inc. (MAR), www.marriott.com. When addressing the issues/questions, be sure to do so in the context of this course and Marriott. You have been appointed as the special assistant to the Chief Executive Officer (CEO), Arne Sorenson, who has asked you to address the following five situations:

(a) A fellow MBA alum from Lynn University, who now works in Admission at Lynn University would like to give each MBA student a benefit, which is programmed into the Lynn University ID card. This benefit would allow the student one night each month, depending on availability, for a room at the Marriott Courtyard for $40. Normally the room rate is $100 and the full cost of a night’s stay is $50. Discuss whether or not this would be feasible, i.e. Marriott is able to do this transaction without it being a donation.

(b) Marriott currently buys its ice machines from a manufacturer in China. A representative from a company in Vietnam is offering to sell them for 20% less than cost from the manufacturer in China. Discuss the issues that you would consider in deciding whether or not to accept this offer.

(c) The CEO wishes to develop an incentive plan for the hotel managers.

Before this is put into place, the CEO wishes you to make sure that budgeting

in the hotels is done correctly. He has asked you to submit a document discussing

the key points that you have learned in MBA 640. Be as thorough as possible.

(d) Marriott has only used absorption costing. The CEO has asked you

to explain the merits of using variable costing under certain circumstances.

(e) The CEO has asked you to explain how target costing/pricing would be used in

Marriott’s pricing policies.