Questions
Resources must be used in the production process to produce goods and services. Resources are also...

Resources must be used in the production process to produce goods and services. Resources are also called factors of production. Resources are traded in the market where the equilibrium quantity and price of the resources are determined. Most markets are competitive, that is, there are many buyers and sellers. Resource demand or factor demand is a derived demand. Where is this demand derived from? Give an example to illustrate this relationship.

In: Economics

On January 1, 2018 you bought a zero coupon bond with 5 years to maturity at...

On January 1, 2018 you bought a zero coupon bond with 5 years to maturity at $ 675. On January 1, 2019 this bond traded at $ 731. What would be your taxable income from holding this bond in 2018, if straight-line method for interest deduction were used?

a. $ 67.25

b. $ 56

c. $ 32.5

d. $ 65

e. $ 0

In: Accounting

Pls answer all three parts for UPVOTE Data set: Students Outside US Stu ID Age GPA...

Pls answer all three parts for UPVOTE

Data set:

Students Outside US

Stu ID Age GPA Hrs spend on sch wrk
3 48 4.00 7
6 47 2.79 14
9 45 3.48 5
12 19 4.00 30
15 24 3.10 10
18 34 3.24 2
21 44 36.00 6
24 19 2.85 7
27 19 2.80 10
30 27 3.40 8
33 28 2.90 16
36 27 3.40 8
39 28 2.90 16
42 21 2.9 4
45 20 2.50 6
48 23 3.3 18
51 41 3.80 7
54 21 2.60 26
57 39 5
60 18 3.10 12
63 28 3.70 20
66 35 8
69 37 2.80 6
72 21 N/A 21
75 20 3.00 4
78 30 3.50 6
81 21 3.1 4
84 21 3.20 3
87 37 2.86 3
90 19 3.30 12

Students in US:

Stu ID Age GPA Hrs spend on sch wrk
175 20 3.20 10
178 20 2.40 12
181 17 3.98 6
184 20 3.00 15
187 27 2.20 6
190 19 3.00 7
193 3.10 15
196 20 6
199 43 3.67 12
202 44 3.80 10
205 26 3.80 4
208 25 2.50 5
211 21 3.72 10
214 29 2.54 4
217 33 3.85 21
220 18 3.00 5
223 21 3.00 6
226 19 3.00 5
229 26 3.00 4
232 19 2.81 4
235 19 3.00 6
238 28 3.50 10
241 19 4.00 12
244 20 3.20 2
247 21 9
250 20 2.51 3
253 20 3.20 5
256 23 2
259 20 3.10 27
262 26 2.50 8

a) Construct a 5-number summary and boxplot using the variable “hours spent on school work at home” for both groups.

b) Compare the means for both groups to answer the research questions in the first paragraph. Which group has a higher mean GPA? Which group spends more time on their homework? What conclusions can you draw about students who were born in the USA and those who were born outside the USA based on this analysis?

c) Identify any outliers in both groups

In: Math

Struggling a little bit with one of my homework questions. we are to create an ER...

Struggling a little bit with one of my homework questions. we are to create an ER digram from the following business rules using UML notation, we are encouraged to uses weak entities, sub classes and ternary relationships. Thank you in advance  

You have just been employed as a database designer in a well-established software development firm. Your first job is to design and implement a database system for an airline booking company. The following information has been gathered after analysing the current practices of the company.

• The system records information about flight bookings by customers.

Customers are identified by an email address and have a phone number and a name.

Customers make bookings for specific instances of a flight. The booking has a reference number for easy lookup and records the credit card number and the seat number on the flight. Each customer makes their own booking.

• Each flight has a unique flight code, which identifies the scheduled departure time, departure gate and departure airport of the flight, as well as the scheduled arrival time, arrival gate and arrival airport of the flight.

• Each airport has a unique airport code, and has a city.

• Flights repeat each day, e.g. a flight with the code QF430 is scheduled to depart Melbourne Airport at 9:30am each day from gate 3 and arrive at 10:55am at Sydney Airport at gate 2. Your design should not repeat common information for each daily flight.

• The status of a specific flight (e.g. boarding) will depend on the scheduled date of the specific flight instance.

• The pilot will also vary from flight to flight, but each specific flight has exactly 2 pilots. Pilots have an employee id and a name.

• Similarly, the aircraft used can vary from flight to flight, but each specific flight is on board a specific aircraft.

• Aircrafts have a tail number to identify them and have a specific model.

In: Computer Science

The Award Plus Company manufactures medals for winners of athletic events and other contests. Its manufacturing...

The Award Plus Company manufactures medals for winners of athletic events and other contests. Its manufacturing plant has the capacity to produce 10,000 medals each month.

Current production and sales are 7,500 medals per month. The company normally charges $150 per medal.

Cost information for the current activity level is as follows:

Variable costs that vary with number of units produced

Direct materials $262,500
Direct manufacturing labour 300,000
Variable costs (for setups, materials handling,qualitycontrol, and so on) that vary with number of batches, 150 batches * $500 per batc 75,000
Fixed manufacturing costs 275,000
Fixed marketing costs 175,000
Total costs $1,087,500

Award Plus has just received a special one-time-only order for 2,500 medals at $100 per medel.

Accepting the special order would not affect the company's regular business.

Award Plus makes medals for its existing customers in batch sizes of 50 medals (150 batches 50 medals per batch = 7,500 medals). The special order requires Award Plus to make the medals in 25 batches of 100 each.

1. Should Award Plus accept tis special order? Show your calculations.

2. Suppose plant capacity were only 9,000 medals instead of 10,000 medals each month. The special order must either be taken in full or be rejected completely.

Should Award Plus accept the special order? Show your Calculations.

3. As in requirement 1, assume that monthly capacity is 10,000 medals. Award Plus is concerned that if it accepts the special order, its existing customers will immediately demand a price discount of $10 in the month in which the special order is being filled

They would argue that Award Plus's capacity costs are now being spread over more units and that existing customers should get the benefit of these lower costs.

Should Award Plus accept the special order under these conditions? Show your calculations.

In: Accounting

The Gold Plus Company manufactures windows. Its manufacturing plant has the capacity to produce 6,000 windows...

The

Gold Plus

Company manufactures windows. Its manufacturing plant has the capacity to produce

6,000

windows each month. Current production and sales are

5,000

windows per month. The company normally charges

$200

per window.

Variable costs that vary with number of units produced

Direct materials

$150,000

Direct manufacturing labor

75,000

Variable costs (for setups, materials handling, quality control, and so on) that vary with number of batches, 200 batches × $1,000 per batch

200,000

Fixed manufacturing costs

200,000

Fixed marketing costs

25,000

Total costs

$650,000

Gold Plus

has just received a special​ one-time-only order for

1,000

windows at

$175

per window. Accepting the special order would not affect the​ company's regular business or its fixed costs.

Gold Plus

makes windows for its existing customers in batch sizes of

25

windows

​(200

batches​ ×

25

windows per batch​ =

5,000

​windows). The special order requires

Gold Plus

to make the windows in

10

batches of

100

windows.

1.

Should

Gold Plus

accept this special​ order? Show your calculations.

2.

Suppose plant capacity were only

5,500

windows instead of

6,000

windows each month. The special order must either be taken in full or be rejected completely. Should

Gold Plus

accept the special​ order? Show your calculations.

3.

As in requirement​ 1, assume that monthly capacity is

6,000

windows.

Gold Plus

is concerned that if it accepts the special​ order, its existing customers will immediately demand a price discount of

$5

in the month in which the special order is being filled. They would argue that

Gold Plus​'s

capacity costs are now being spread over more units and that existing customers should get the benefit of these lower costs. Should

Gold Plus

accept the special order under these​ conditions? Show your calculations.

In: Accounting

Financial information for two companies are presented below. Fill in the missing amounts. Sandhill Company Carla...

Financial information for two companies are presented below.

Fill in the missing amounts.

Sandhill Company

Carla Vista Company

Sales revenue $ 90,800 $
Sales returns and allowances $  5,000
Net sales 83,000 127,000
Cost of goods sold 55,200
Gross profit $ 41,000
Operating expenses 14,580
Net income $ 18,000

eTextbook and Media

List of Accounts

Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.)

Sandhill Company

Carla Vista Company

Profit margin % %
Gross profit rate % %

In: Accounting

Ethics and the Manager

M. K. Gallant is president of Kranbrack Corporation, a company whose stock is traded on a national exchange. In a meeting with investment analysts at the beginning of the year, Gallant had predicted that the company’s earnings would grow by 20% this year. Unfortunately, sales have been less than expected for the year, and Gallant concluded within two weeks of the end of the fiscal year that it would be impossible to report an increase in earnings as large as predicted unless some drastic action was taken. Accordingly, Gallant has ordered that wherever possible, expenditures should be postponed to the new year—including canceling or postponing orders with suppliers, delaying planned maintenance and training, and cutting back on end-of-year advertising and travel. Additionally, Gallant ordered the company’s controller to carefully scrutinize all costs that are currently classified as period costs and reclassify as many as possible as product costs. The company is expected to have substantial inventories at the end of the year.

Required:

1. Why would reclassifying period costs as product costs increase this period’s reported earnings?

2. Do you believe Gallant’s actions are ethical? Why or why not?

In: Accounting

On January 1, 20X1, Metro Plaza Inc. (MPI), a real estate company using IFRS, issued$1,000,000, 8%,...

On January 1, 20X1, Metro Plaza Inc. (MPI), a real estate company using IFRS, issued$1,000,000, 8%, five year bonds for a cash price of $1,250,000. Interest is payable semi-annually on June 30 and December 31. Each $100 bond includes 20 warrants. Each warrant can be exchanged for one common share of MPI at an exercise price of $10 per share. The market rate of interest is 6% for similar bonds without warrants and the fair market value of these bonds was determined to be $1,085,302.

Required:

  1. Prepare the appropriate journal entry to record the issue of the bonds on January 1, 20X1;
  2. Prepare the appropriate journal entry required on December 31, 20X1;
  3. How would the bonds be reported on the balance sheet at December 31, 20X1;
  4. 30% of the warrants were exercised on July 1, 20X3 when the shares of MPI were being traded at $11,50. Prepare the appropriate journal entry or entries which the company should make on July 1, 20X3 to record this transaction.

Note: You may find it useful and easier to answer this question by preparing a bond amortization table.

In: Accounting

On January 1, 20X1, Metro Plaza Inc. (MPI), a real estate company, using IFRS, issued $1,000,000,...

On January 1, 20X1, Metro Plaza Inc. (MPI), a real estate company, using IFRS, issued $1,000,000, 8%, five year bonds for a cash price of $1,250,000. Interest is payable semi-annually on June 30 and December 31. Each $100 bond includes 20 warrants. Each warrant can be exchanged for one common share of MPI at an exercise price of $10 per share. The market rate of interest is 6% for similar bonds without warrants and the fair market value of these bonds was determined to be $1,085,302.

Required:

  1. Prepare the appropriate journal entry to record the issue of the bonds on January 1, 20X1;
  2. Prepare the appropriate journal entry required on December 31, 20X1;
  3. How would the bonds be reported on the balance sheet at December 31, 20X1;
  4. 30% of the warrants were exercised on July 1, 20X3 when the shares of MPI were being traded at $11,50. Prepare the appropriate journal entry or entries which the company should make on July 1, 20X3 to record this transaction.

Note: You may find it useful to answer this question by preparing a bond amortization table.

In: Accounting