Questions
Ppt 4 acct 1 P247 Using the account information in the following adjusted trial balance for...

Ppt 4 acct 1

P247


Using the account information in the following adjusted trial balance for Melodies piano school:



  1. Prepare the closing entries for December 31, 2017

  2. Post the closing entries

  3. Prepare the post closing trial balance at December 31, 2017



Melodies Piano School

Adjusted Trial Balance

December 31, 2017



Debit

Credit

Cash

$7,000


Accounts receivable

3000


piano

31000


Accumulated depreciation, piano


$27,000

Salaries payable


700

Melodie Martin , capital


17200

Melodie Martin, withdrawals

2300


Teaching revenue


38000

Salaries expense

30000


Depreciation expense, piano

5000


Utilities expense

4600


Totals

$82,900

$82,900


In: Accounting

Article: In about 1 in 4 major recalls during recent years, less than half of the...

Article:

In about 1 in 4 major recalls during recent years, less than half of the vehicles have been fixed within 18 months, the data show. On average, major auto makers have repaired about two-thirds of recalled vehicles by the 18-month mark, according to reports filed with regulators since early 2015.The uncompleted recalls pose a risk to drivers, who could be injured or killed if the faulty part malfunctions and causes an accident. The Consumer Federation of America estimates there are more than 70 million vehicles on the road today with open recalls that have yet to be repaired.Ford Motor Co.’s F -0.85% recall of 1.5 million cars last week was just the latest in this year’s rising tally of recalls by auto makers. While the number of recalled vehicles dropped last year, it had been on the rise for several years before and hit an all-time high of more than 50 million in 2016, data show.Mazda Motor Corp. 7261 -0.66% had the lowest average completion rate, at 38% during that period. That low rate is partially attributable to one large recall of older cars. Tesla Inc. TSLA -0.25% and Volvo Cars, with just a handful of small recalls each, had the highest rates, at more than 95%. Some car makers, such asHonda Motor Co. , have stepped up their efforts in the wake of large-scale recalls, including replacing millions of Takata Corp.’s defective air bags world-wide.Auto makers are required to submit completion reports to federal regulators for six quarters after a recall begins. Manufacturers typically don’t have to continue documenting their progress beyond that even if completion rates are low, though the National Highway Traffic Safety Administration can require extra reports.The Journal calculated auto makers’ recall-completion rates based on their sixth recall status report. To calculate average fix rates, the Journal weighted the findings by the number of automobiles involved in each recall, a method NHTSA has previously used.Large recalls typically have worse completion rates than small ones, NHTSA research has shown. And news of large recalls continued Thursday, when Subaru Corp. announced plans to recall more than 400,000 vehicles globally to repair a faulty engine part that could cause stalling.Lawmakers and safety advocates have long pressed for more transparency and better enforcement of recall completion, saying that owners are at risk and car makers should try harder to reach people with vehicles in need of repair.“Recall completion rates are surprisingly lower than one would imagine they would be” given that cars are critical to most Americans’ day-to-day lives, said Jason Levine, executive director of the Center for Auto Safety, an advocacy group started in 1970 by Ralph Nader and Consumers Union.A NHTSA spokeswoman said the agency is committed to working with auto makers and consumers to improve recall rates and is taking steps to raise consumer awareness “on the importance of acting quickly on open recalls.”Ford’s latest large-scale recall involved a part that can malfunction and cause the fuel gauge to register improperly. The defect could cause stalls and crashes, the company said.Ford’s overall fix rate is in line with the national average. The company’s 2016 recall of faulty Takata air bags in more than 300,000 pickup trucks was the slowest in the Journal’s analysis of more than 200 recalls affecting at least 100,000 vehicles. The company fixed about 0.2% of Takata air bags within 18 months after the recall began.The recall’s completion rate was low because it offered an interim fix that would require a follow-up, a Ford spokeswoman said. She said the company conducted a separate recall campaign once a permanent fix became available, and it closed the first recall.The second recall didn’t begin until about 22 months after the interim fix was announced, federal data show. A Ford spokeswoman said the delays were caused by the challenge of redesigning a part for a recall of this size and complexity and production constraints. Based on the first three quarterly reports, it has a completion rate of 28%. Ford said the completion rate has risen to 33% since the latest report was filed on July 30, and the company is reaching out to customers via phone calls, text messages and emails.Newsletter Sign-upNationwide, completion rates have dipped in recent years, the data show, but they have rebounded this year to about two-thirds. Recalls by major auto makers that hit the 18-month-mark last year had an average completion rate of about 60%, down from 69% two years earlier.Recent low completion rates reflect the sluggish pace of many Takata air-bag recalls, which had parts shortages. Takata-related fixes made up four of the 10 slowest recalls in the Journal’s analysis of large recalls.Auto makers also vary in how fast they are at finishing recalls, though it isn’t possible to determine whether that is due to the efforts of the manufacturer or other factors, such as the type of cars involved. Mazda’s low completion rate stems in part from one especially large, slow recall. The company recalled more than one million ignition switches prone to catching fire in 2015. Eighteen months later, less than 1% were fixed.

Please answer in OWN words:

What constraints, or hurdles, are automobile manufacturers facing in repairing recalled cars?

In: Economics

1. The book value of 4 million shares of Zircon Global Ltd. is $34 million. What...

1. The book value of 4 million shares of Zircon Global Ltd. is $34 million. What is the book value per share of Zircon Global Ltd?

$136.00 per share
$8.50 per share
$4.00 per share
$0.60 per share
$30.00 per share

2. 39. The book value per share of Topaz General Ltd. is $10 per share and the company has a total of 4 million shares. Calculate the total book value of common equity of the company.


$4 million     
$10 million     
$400 million     
$40 million     
$100 million     

3. Amber Devices Ltd. has total assets worth $900 million and total liabilities worth $475 million at the end of December 31, 2016. What is the amount of money received by the stockholders, if Amber liquidates all of its assets for $850 and pays off all of its outstanding debt?


$850 million     
$475 million     
$1,325 million     
$425 million     
$375 million     

In: Finance

1. Suppose the initial Brazilian real to US dollar exchange rate is 4 reals (or “reais”)...

1. Suppose the initial Brazilian real to US dollar exchange rate is 4 reals (or “reais”) to 1 US dollar. The cost to buy a specified market basket of same quality products is $500,000 in the U.S. and R$1,400,000 in Brazil. Valued in U.S. dollar terms, the market basket in Brazil costs $350,000. (This market basket cost represents the combined price of thousands of products, and so also indicates an average price for those products.)

(e) Product prices in the U.S. and Brazil have changed. Using the prices in domestic currencies

for the two countries, does the ratio of Brazilian market basket price US market basket price (brazilian market basket price/ us market basket price) move toward or away from the initial nominal exchange rate?

· For (e and j), use the (Brazilian price/US price) ratio so as to match the (Brazilian reals/US dollar) ratio.

(f) There has been a change in the amount of imports that Brazilian firms (wholesalers, retailers etc.) buy. With this change in the buying of foreign products, what happens to the supply of Brazilian reals in foreign exchange markets? (Compared to the previous period, for example.)

(g) What happens to the price (strength, value) of the Brazilian real?

(h) There has been a change in the amount of imports that American firms (wholesalers, retailers etc.) buy. With this change in the buying of foreign products, what happens to the supply of American dollars in foreign exchange markets? (Compared to the previous period, for example.)

In: Economics

On January 1, a company issued and sold a $330,000, 4%, 10-year bond payable, and received...

On January 1, a company issued and sold a $330,000, 4%, 10-year bond payable, and received proceeds of $323,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the second interest payment is:

In: Accounting

Each paragraph shall be no less than 4 sentences and no more than 6 sentences. 1....

Each paragraph shall be no less than 4 sentences and no more than 6 sentences.

1. A patients has an elevated WBC of 11000.

a. As a nurse what are the risks for infection, your goal, your intervention, and your rationale?

In: Nursing

Quantitative Problem 1: You plan to deposit $1,700 per year for 4 years into a money...

Quantitative Problem 1: You plan to deposit $1,700 per year for 4 years into a money market account with an annual return of 2%. You plan to make your first deposit one year from today. What amount will be in your account at the end of 4 years? Do not round intermediate calculations. Round your answer to the nearest cent. $ Assume that your deposits will begin today. What amount will be in your account after 4 years? Do not round intermediate calculations. Round your answer to the nearest cent. $

Quantitative Problem 2: You and your wife are making plans for retirement. You plan on living 25 years after you retire and would like to have $85,000 annually on which to live. Your first withdrawal will be made one year after you retire and you anticipate that your retirement account will earn 12% annually. What amount do you need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent. $ Assume that your first withdrawal will be made the day you retire. Under this assumption, what amount do you now need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent. $

In: Finance

For Question 1-4, We will load 1000_Companies.csv dataset that contains data belongs to 1000 companies such...

For Question 1-4, We will load 1000_Companies.csv dataset that contains data belongs to 1000 companies such as R&D, administration and marketing spendings and location. We will use this data to build a machine learning based decision suppport system model to predict companies' profit.

Question 1: 10 Points (Load Data)

  • (A) Load the "1000_Companies.csv" dataset - 5 points
  • (B) Display the first and last 5 rows of this dataset - 5 points

In [ ]:

 

Question 2: 15 Points (Manipulate Data)

  • (A) Extract the independent (Feature Matrix) and dependent (target vector) variables. - 5 points

  • (B) Encode the categorical data following the following steps:

    1) Integer Encoding - 5 points

    2) One-Hot Encoding - 5 points

In [1]:

 
#(A)Extract the independent (Feature Matrix) and dependent (target vector) variables.
#(B)Encode the categorical data following the following steps
##1)Integer Encoding
##2) One-Hot Encoding

Question 3: 35 Points (Modeling)

  • (A) Split the dataset into the training and test sets. Hint: Use train_test_split(test_size=0.3, shuffle = False) - 5 points
  • (B) Use Linear Regression Modeling to train your model (Name your model as Model1_LRM) - 5 points
  • (C) Use the trained model (Model1_LRM) and the test dataset for prediction - 5 points
  • (D) Calculate the accuracy of your Model1_LRM model. Hint: Use r2_score from sklearn.metrics - 5 points
  • (E) Use Random Forest Regressor Modeling to train your model (Name your model Model2_RFR) - 5 points
  • (F) Use the trained model(Model2_RFR) and the test dataset for prediction - 5 points
  • (G) Calculate the accuracy of your Model2_RFR model. Hint: Use r2_score from sklearn.metrics - 5 points

In [2]:

 
#(A) Split the dataset into the training and test sets. Hint: Use train_test_split(test_size=0.3, shuffle = False)
#(B) Use Linear Regression Modeling to train your model (Name your model as Model1_LRM)
#(C) Use the trained model (Model1_LRM) and the test dataset for prediction
#(D) Calculate the accuracy of your Model1_LRM model. Hint: Use r2_score from sklearn.metrics

In [28]:

 
#(E) Use Random Forest Regressor Modeling to train your model (Name your model Model2_RFR)
#(F) Use the trained model(Model2_RFR) and the test dataset for prediction
#(G) Calculate the accuracy of your Model2_RFR model. Hint: Use r2_score from sklearn.metrics

Out[28]:

0.724613670616963

In: Computer Science

Quantitative Problem 1: You plan to deposit $2,000 per year for 4 years into a money...

Quantitative Problem 1: You plan to deposit $2,000 per year for 4 years into a money market account with an annual return of 3%. You plan to make your first deposit one year from today.

  1. What amount will be in your account at the end of 4 years? Do not round intermediate calculations. Round your answer to the nearest cent.

    $  

  2. Assume that your deposits will begin today. What amount will be in your account after 4 years? Do not round intermediate calculations. Round your answer to the nearest cent.

    $  

Quantitative Problem 2: You and your wife are making plans for retirement. You plan on living 25 years after you retire and would like to have $75,000 annually on which to live. Your first withdrawal will be made one year after you retire and you anticipate that your retirement account will earn 12% annually.

  1. What amount do you need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent.

    $  

  2. Assume that your first withdrawal will be made the day you retire. Under this assumption, what amount do you now need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent.

    $  

In: Finance

Use the following information about HamsterFarm Industries to answer the next 4 questions. On January 1,...

Use the following information about HamsterFarm Industries to answer the next 4 questions.
On January 1, 2012, HamsterFarm Industries issued a four‐year, $20,000, 6% bond. The interest is payable semi‐annually each June 30 and December 31. The market rate of interest on January 1, 2012 is 7%. Tonika uses the effective‐ interest amortization method.

  1. What is the issue price of the bonds on January 1, 2012? (Round to the nearest dollar. No dollar signs or commas).
  2. What is the carrying value of the bonds on December 31, 2014? (Round to the nearest dollar. No dollar signs or commas).
  3. How much interest expense would be recognized in the calendar year 2015 income statement? (Round to the nearest dollar. No dollar signs or commas).
  4. How much cash would be paid to investors on June 30, 2012? (Round to the nearest dollar. No dollar signs or commas).

In: Accounting