Questions
Question 3: (20 Marks) Woo Ltd. recently conducted an extensive review of its accounting and reporting...

Question 3: Woo Ltd. recently conducted an extensive review of its accounting and reporting policies. The following accounting changes are an outgrowth of that review: 1. Woo acquired a machine at a cost of $400,000 in 2016. The machine has been depreciated on a straight-line basis with no residual value since it was acquired. During 2019, it was decided that the benefits from the machine would be consumed over a total of 13 years rather than the 20-year useful life now being used to depreciate its cost. 2. At the beginning of 2019, Woo changed its method of valuing inventory from the FIFO cost method to the weighted-average cost method. At December 31, 2018 and 2017, Woo’s inventories were as follow: 2018 2017 On a FIFO cost basis $560,000 $540,000 On a weighted-average cost basis $500,000 $490,000 3. Woo‘s income tax rate is 20%. 4. Woo reports net income for 2019 and 2018 for the following amounts: 2019 2018 Net income $840,000 $900,000 5. The retained earnings of Woo as at December 31, 2018 and 2017 before adjusting the effect from the changes in inventory valuation method are as follow: 2018 2017 Retain earnings $3,200,000 $2,800,000 6. Dividends declared during 2019 and 2018 were $100,000 and $500,000, respectively. Required: a. Prepare the journal entries needed in 2019 related to each change. [10 marks] b. Prepare the statements of changes in equity (in part) for the year ended at 31 December 2019 after the adjustments (including comparative figure for 2018) in accordance with HKAS 8. [10 marks]

In: Accounting

Writing Assignment is to develop marketing mix strategies to ensure a value offering for my the...

Writing Assignment is to develop marketing mix strategies to ensure a value offering for my the target market "Kids and kids grown up futuristic fantasy Park" service for Walt Disney Need to answer the below questions any input will be appreciate

Offering. Describe your product or service offering as it is currently in terms of features and benefits, price and the total cost of ownership as discussed in the week's readings. Is it more product dominant or service dominant? What are the tangible and intangible aspects?

Type of consumer offering. Based on the four categories of type of offerings discussed in course content, describe the category in which your product or service offering belongs. Based on your new target market, would that category of the offering change and if so, how? How would it change the marketing strategy?

Product line extensions or new product development. Should the current product or service be modified to more fully meet the needs of your new target market? Would the changes constitute a new product line, a product line extension or a new product? If no product changes are needed, how does the same product or service meet the need of your target market differently than current customers? Would the product line extension or new product allow the offering to occupy uncontested space in the perceptual map for the target market as covered in thr previous paper?

Product lifecycle. In which stage of the product lifecycle is your product or service offering now? Would the changes described in number 3 above change the lifecycle stage and if so how? What would this mean to the lifecycle marketing strategy?

In: Operations Management

Problem 1: For all of the following problems, imagine a crane that is lifting a weight...

Problem 1: For all of the following problems, imagine a crane that is lifting a weight of mass m through a height h at constant speed, and consider the following three choices of system:

(1) system is the weight only; (2) system is the weight and the earth; (3) system is the crane only.

For each of these choices, and in this order, what is the net work done on the system by the external forces (Wext,sys) in the process considered?

(a) (1) 0; (2) mgh; (3) −mgh

(b) (1) mgh; (2) 0; (3) −mgh

(c) (1) −mgh; (2) mgh; (3) 0

(d) (1) 0; (2) mgh; (3) 0

Problem 2: For system (1) (weight only), which of the following is a correct statement of the energy changes going on inside the system during the process described?

(a) ∆Esource + ∆Ediss = −mgh

(b) ∆U G = mgh

(c) ∆K = 0

(d) ∆Ediss = mgh

Problem 3: For system (2) (weight and earth), which of the following is a correct statement of the energy changes going on inside the system during the process described?

(a) ∆Esource + ∆Ediss = −mgh

(b) ∆U G = mgh

(c) ∆K = 0

(d) ∆Ediss = mgh

Problem 4: For system (3) (crane only), which of the following is a correct statement of the energy changes going on inside the system during the process described?

(a) ∆Esource + ∆Ediss = −mgh

(b) ∆U G = mgh

(c) ∆K = 0

(d) ∆Ediss = mgh

Problem 5: If it takes a time ∆t to raise the weight through the height h, what is the power output of the crane for that process?

(a) mg (b) mgh (c) mgh/∆t (d) 0

In: Physics

Conch Republic Electronics Part 1 Conch Republic Electronics is a midsized electronics manufacturer located in Key...

Conch Republic Electronics Part 1

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company's finance department.

One of the major revenue-producing items manufactured by Conch Republic is a smart phone. Conch Republic currently has one smart phone model on the market, and sales have been excellent. The smart phone is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current smart phone has limited features in comparison with newer models. Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing smart phone but adds new features such as WiFi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone.

Conch Republic can manufacture the new smart phones for $215 each in variable costs. Fixed costs for the operation are estimated to run $6.1 million per year. The estimated sales volume is 155,000, 165,000, 125,000, 95,000, and 75,000 per year for the next five years, respectively. The unit price of the new smart phone will be $520. The necessary equipment can be purchased for $40.5 million and will be depreciated on a seven-year MACRS schedule. It is believed the value of the equipment in five years will be $6.1 million.

As previously stated, Conch Republic currently manufactures a smart phone. Production of the existing model is expected to be terminated in two years. If Conch Republic does not introduce the new smart phone, sales will be 95,000 units and 65,000 units for the next two years, respectively. The price of the existing smart phone is $380 per unit, with variable costs of $145 each and fixed costs of $4.3 million per year. If Conch Republic does introduce the new smart phone, sales of the existing smart phone will fall by 30,000 units per year, and the price of the existing units will have to be lowered to $210 each. Net working capital for the smart phones will be 20 percent of sales and will occur with the timing of the cash flows for the year; for example, there is no initial outlay for NWC, but changes in NWC will first occur in Year 1 with the first year's sales. Conch Republic has a 35 percent corporate tax rate and a required return of 12 percent.

Shelley has asked Jay to prepare a report that answers the following questions.

Conch Republic Electronics Part 2

Shelley Couts, the owner of Conch Republic Electronics, had received the capital budgeting analysis from Jay McCanless for the new smart phone the company is considering. Shelley was pleased with the results, but she still had concerns about the new smart phone. Conch Republic had used a small market research firm for the past 20 years, but recently the founder of that firm retired. Because of this, she was not convinced the sales projections presented by the market research firm were entirely accurate. Additionally, because of rapid changes in technology, she was concerned that a competitor could enter the market. This would likely force Conch Republic to lower the sales price of its new smart phone. For these reasons, she has asked Jay to analyze how changes in the price of the new smart phone and changes in the quantity sold will affect the NPV of the project.

Shelley has asked Jay to prepare a memo answering the following questions.

QUESTIONS

1.What is the payback period of the project?

2.What is the profitability index of the project?

3.What is the IRR of the project?

4.What is the NPV of the project?

5.How sensitive is the NPV to changes in the price of the new smart phone?

6.How sensitive is the NPV to changes in the quantity sold of the new smart phone?

PLEASE ATTATCH EXCEL FILE FOR ANSWER THANK YOU!!!!!

In: Finance

A study shows that the amount of time spent by millennials playing video games is 22.6...

A study shows that the amount of time spent by millennials playing video games is 22.6 hours a month, with a standard deviation of 6.1 hours. A bright UWI stats student has doubts about the study’s results. She believes that they actually spend more time. The student tries to resolve her doubts, and collects a random sample of 60 millennials, asking them to keep a daily log of their video game playing habits. Millennials in the sample played an average of 24.2 hours per month. (a) If the null hypothesis is true, describe the sampling distribution of the mean number of hours spent playing video games. [5 marks] (b) Calculate the probability of randomly choosing a sample in which the average number of hours of video games played was 24.2 or more. [5 marks] (c) No hard and fast rule exists which divides the boundary between p-values for which we reject the null and those for which we feel the null is plausible. However p = 0.05 and p = Xi ~ Poisson : e?(2? ) (2?) X X ! , X = 0,1,2,… X 2 0.01 are two commonly used thresholds. Under these thresholds, should the student reject the null hypothesis? [5 marks] (d) Suppose the student doubted the study’s findings but had no prior expectation of whether they were too high or too low. Perhaps she should determine the probability of randomly choosing a sample in which the average number of hours spent playing video games was as extreme or more extreme that 24.2 hours. Should she reject the null hypothesis in this case? [5 marks] (e) Would a larger sample with the same mean of 24.2 have provided stronger evidence of a difference from the original study’s mean? Explain. [5 marks]

In: Statistics and Probability

REQUIREMENTS: Write a function that matches the following declaration: int InRectangle( float pt[2], float rect[4] );...

REQUIREMENTS:

  1. Write a function that matches the following declaration:
    int InRectangle( float pt[2], float rect[4] );
  2. Argument pt[2] defines a point on the plane: pt[0] is the x-coordinate, pt[1] is the y-coordinate.
  3. Argument rect[4] defines a rectangle on the same plane. rect[0] and rect[1] define the x- and y- cordinates respectively of one corner of the rectangle. rect[2] and rect[3] define the opposite corner.
  4. Coordinates may be any valid floating point value, including negative values.
  5. The function returns int 0 (false) for any point that lies outside the rectangle, and 1 (true) for any other point (i.e. points inside and on the boundary of the rectangle).

TESTS:

  1. // declaration of function to test
  2. int InRectangle( float pt[2], float rect[4] );
  3. int main( int argc, char* argv[] )
  4. {
  5. // define a rectangle from (1,1) to (2,2)
  6. float rect[4] = {1.0, 1.0, 2.0, 2.0 };
  7. // define a point that is inside the rectangle
  8. float p_in[2] = { 1.5, 1.5 };
  9. // define a point that is outside the rectangle
  10. float p_out[2] = {2.5, 0.5};
  11. // define a point that is on the edge of the rectangle
  12. float p_edge[2] = {1.0, 1.0};
  13. // InRectangle() should return 0 (false) for points that are NOT in
  14. // the rectangle, and non-zero (true) for points that are in the
  15. // rectangle. Points on the edge are considered *in* the rectangle.
  16. // test 1
  17. if( InRectangle( p_in, rect ) == 0 )
  18. {
  19. puts( "error: should return true for p_in." );
  20. return 1; // indicate error
  21. }
  22. // test 2
  23. if( InRectangle( p_out, rect ) != 0 )
  24. {
  25. puts( "error: should return false for p_out." );
  26. return 1; // indicate error
  27. }
  28. // test 3
  29. if( InRectangle( p_edge, rect ) == 0 )
  30. {
  31. puts( "error: should return true for p_edge." );
  32. return 1; // indicate error
  33. }
  34. return 0; // all tests passed
  35. }

In: Computer Science

Find all rectangles filled with 0 We have one 2D array, filled with zeros and ones....

Find all rectangles filled with 0

We have one 2D array, filled with zeros and ones. We have to find the starting point and ending point of all rectangles filled with 0. It is given that rectangles are separated and do not touch each other however they can touch the boundary of the array.A rectangle might contain only one element. In Javascript preferred.

Examples:

input = [
            [1, 1, 1, 1, 1, 1, 1],
            [1, 1, 1, 1, 1, 1, 1],
            [1, 1, 1, 0, 0, 0, 1],
            [1, 0, 1, 0, 0, 0, 1],
            [1, 0, 1, 1, 1, 1, 1],
            [1, 0, 1, 0, 0, 0, 0],
            [1, 1, 1, 0, 0, 0, 1],
            [1, 1, 1, 1, 1, 1, 1]
        ]


Output:
[
  [2, 3, 3, 5], [3, 1, 5, 1], [5, 3, 6, 5]
]

Explanation:
We have three rectangles here, starting from 
(2, 3), (3, 1), (5, 3)

Input = [
            [1, 0, 1, 1, 1, 1, 1],
            [1, 1, 0, 1, 1, 1, 1],
            [1, 1, 1, 0, 0, 0, 1],
            [1, 0, 1, 0, 0, 0, 1],
            [1, 0, 1, 1, 1, 1, 1],
            [1, 1, 1, 0, 0, 0, 0],
            [1, 1, 1, 1, 1, 1, 1],
            [1, 1, 0, 1, 1, 1, 0]
        ]


Output:
[
  [0, 1, 0, 1], [1, 2, 1, 2], [2, 3, 3, 5], 
  [3, 1, 4, 1], [5, 3, 5, 6], [7, 2, 7, 2], 
  [7, 6, 7, 6]
]

In: Computer Science

QUESTION 8 In a base-case scenario, the output is determined by assuming a. worst values that...

QUESTION 8

  1. In a base-case scenario, the output is determined by assuming

    a.

    worst values that can be expected for the random variables of a model.

    b.

    the most likely values for the random variables of a model.

    c.

    the mean trial values for the random variables of a model.

    d.

    best values that can be expected for the random variables of a model.

    e.

    None of the above

1.5 points   

QUESTION 9

  1. The points where constraints intersect on the boundary of the feasible region are termed as the

    a.

    feasible points

    b.

    extreme points

    c.

    feasible edges

    d.

    objective function contour

    e.

    None of the above

1.5 points   

QUESTION 10

  1. A set of values for the random variables is called a(n)

    a.

    permuation

    b.

    combination

    c.

    event

    d.

    trial

    e.

    None of the above

1.5 points   

QUESTION 11

  1. Which of the following techniques belongs to predictive analytics?

    a.

    Linear regression

    b.

    Decision analysis

    c.

    Data visulaization

    d.

    Optimization models

    e.

    I do not know

1.5 points   

QUESTION 12

  1. The purpose of regression analysis is to

    a.

    verify a statistical hypothesis concerning the unknown population parameter

    b.

    check the correlation between the mean and the variance

    c.

    prove the mean depends on the standard deviation

    d.

    identify the relationship between a dependent variable and independent variables

    e.

    I do not know

1.5 points   

QUESTION 13

  1. The uncontrollable future events that affect the outcomes of a decision are known as

    a.

    states of nature

    b.

    alternatives

    c.

    payoffs

    d.

    decision outcomes

    e.

    I do not know

1.5 points   

QUESTION 14

  1. A __________ uses repeated random sample to represent uncertainty in a model representing a real system and that computes the values of model outputs.

    a.

    Monte Carlo simulation

    b.

    what-if analysis

    c.

    deterministic model

    d.

    discrete event simulation

    e.

    I do not know

In: Statistics and Probability

Course Project Option 2 is to complete the following budgeting assignment: Stillwater Video Company, Inc. produces...

  1. Course Project Option 2 is to complete the following budgeting assignment:

Stillwater Video Company, Inc. produces and markets two popular video games, High Range and Star Boundary. The closing account balances on the company's balance sheet for the last year are as follows: Cash, $18,735; Accounts Receivable, $19,900; Materials Inventory, $18,510; Work in Process Inventory, $24,680; Finished Goods Inventory, $21,940; Prepaid Expenses, $3,420; Plant and Equipment, $262,800; Accumulated Depreciation-Plant and Equipment, $55,845; Other Assets, $9,480; Accounts Payable, $52,640; Mortgage Payable, $70,000; Common Stock, $90,000; and Retained Earnings, $110,980.

Operating budgets for the first quarter of the coming year show the following estimated costs: direct materials purchases, $58,100; direct materials usage, $62,400; direct labor expense, $42,880; overhead, $51,910; selling expenses, $35,820; general and administrative expenses, $60,240; cost of goods manufactured, $163,990; and cost of goods sold, $165,440. Estimated ending cash balances are as follows: January, $34,610; February, $60,190; and March, $54,802. The company will have no capital expenditures during the quarter.

Sales are projected to be $125,200 in January, $105,100 in February, and $112,600 in March. Accounts receivable are expected to double during the quarter, and accounts payable are expected to decrease by 20 percent. Mortgage payments for the quarter will total $6,000 of which $2,000 will be interest expense. Prepaid expenses are expected to go up by $20,000, and other assets are projected to increase by 50 percent over the budgeted period. Depreciation for plant and equipment (already included in the overhead budget) averages 5 percent of total plant and equipment for the year. Federal income taxes (34 percent of profits) are payable in April. The company pays no dividends.

Required

  1. Prepare a budgeted income statement for the quarter ended March 31.
  2. Prepare a budgeted balance sheet as of March 31.​

In: Accounting

short answers T          F          When using the runoff coefficient, c, the Rational Method assumes that land...

short answers

  1. T          F          When using the runoff coefficient, c, the Rational Method assumes that land uses are uniformly distributed within a drainage area.
  1. What is the overland flow travel time for a hydraulic path 140 ft long through dense grass at an average slope of 1.0%?
  1. 1 minute

  1. 4 minutes
  1. 21 minutes

  1. 25 minutes
  1. The rational method assumes rainfall duration equal to the time of concentration. If an estimated time of concentration is larger than the actual time of concentration for the drainage area, the peak runoff determined will be (greater than, equal to, less than) the actual peak discharge.
  1. T          F          A storm with a return period of 25 years will occur only once every 25 years.
  1. A drainage basin’s “time of concentration” means the time
  1. the time for the first raindrop to flow down the steepest slope in the area.
  2. the time to drain the drainage area after the rain stops.
  3. the longest time of flow to the point of interest.
  4. the time that is equal to the duration of the rainfall event.

  1. (12 pts) The three general types of flow that could occur along the hydraulic path in a drainage area are ______________________________ flow, ______________________________flow, and ______________________________ flow.
  1. The average rainfall rate in inches/hour is called the
  1. duration.
  2. return period.
  3. frequency.
  4. intensity.
  1. A drainage basin is defined as the
  1. boundary separating two adjacent rainfall collection basins.
  2. surface preventing infiltration of water into the soil.
  3. land surface having similar characteristics with a single outflow point.
  4. continental divide.
  1. What is the shallow concentrated flow travel time for a hydraulic path 540 ft long through average grass at an average slope of 3.4%?
  1. 179 minutes
  2. 18 minutes
  3. 4 minutes
  4. 3 minutes
  1. What is the channel flow travel time for a hydraulic path 2000 ft long and a velocity of 9.52 ft/sec?
  1. 3.5 minutes
  2. 5.3 minutes
  3. 21 minutes
  4. 210 minutes

In: Civil Engineering