Carney, Pierce, Menton, and Hoehn are partners who share profits and losses on a 4:3:2:1 basis, respectively. They are beginning to liquidate the business. At the start of this process, capital balances are

Which of the following statements is true?

The first available $7,400 will go to Menton.

Carney will be the last partner to receive any available cash.

Carney will collect a portion of any available cash before Hoehn receives money.

The first available $5,300 will go to Hoehn.

• 1
• 2
• 3
• 4
• 5
• 6
• All

Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020

1. Sell product for $25,000 with historical cost of $20,000

What is the final amount in Retained Earnings?

Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars.

Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet)

Consider 5 sequentially connected switches labeled switch 1, 2, 3, 4 and 5, and each switch has 4
hosts connected to it (total of 20 hosts). If a host on switch #1 made a virtual circuit connection to
every other host on the network, how many rows would be in each switch's virtual circuit table?

Ethics involved with capital budgeting proposal (Learning Objectives 1, 2, 3, 4, & 5)

Carlson Products, Inc., is a manufacturer of a variety of construction products, including insulation, pipe, and gypsum. The company has been experiencing steady growth over the past few decades and is moderately profitable.

The board of directors at Carlson has developed criteria that all capital budgeting projects undertaken at Carlson must meet in order to be approved:

1. The project’s net present value (NPV) must be positive. The company uses a hurdle rate of 10% when calculating NPV.

2. The project’s payback period must be less than four years.

3. The project’s accounting rate of return (ARR) must be greater than 8%.

Samantha Pace is a division manager at Carlson. She is developing a proposal to install solar panels at the company’s Flagstaff, Arizona, manufacturing facility. The solar panels, requiring an investment of $1.25 million, will significantly reduce the company’s carbon footprint. The project will help the company to save approximately 25% of its current energy costs at that facility. Samantha is excited about this project, both for its dollar savings and for its sustainability impact. She finalizes the calculations for the capital budgeting criteria for the solar panel proposal and is delighted to see that her proposed project meets all of the company’s capital budgeting criteria. She sends the proposal to Peter Nichols, the controller for Carlson. Peter is responsible for approving all proposed capital budgeting projects that require less than a $2 million investment. Carlson’s board of directors must approve all capital budgeting projects that require more than a $2 million investment.

Peter reviews the solar panel proposal. He thinks it is a promising project and feels that the company should undertake this project and other sustainability projects so that the company can reduce its environmental impact.

As he double checks the calculations in Samantha’s proposal, he discovers that she has made a few mistakes. Instead of using a hurdle rate of 10%, she actually used a hurdle rate of 6%. She also did not include the impact of the annual depreciation expense for the solar panels in the calculation of ARR. If Peter makes the corrections, the solar panel project will fail the NPV criteria and the ARR criteria.

Peter is conflicted over what to do. He knows that no one is likely to discover Samantha’s errors in the capital budgeting proposal if he approves it; the errors are not obvious. He really wants to approve the project, since he believes strongly that these types of initiatives are the direction in which Carlson Products needs to head in order to remain competitive in the future. He also can rationalize that the impact of the errors is minimal and that the project does not fail the capital budgeting criteria by a significant margin. On the other hand, he knows that the board of directors of Carlson has been rigid in its application of the capital budgeting criteria in the projects it has reviewed.

Requirements

1. Using the IMA Statement of Ethical Professional Practice as an ethical framework, answer the following questions:

   1. What is(are) the ethical issue(s) in this situation?

   2. What are Peter’s responsibilities as a management accountant? Should he approve the solar panel project? Why or why not?

2. Are there any better alternative courses of action that Peter might take to resolve this conflict than to simply approve or reject the proposal? Support your answer.

A financial manager must choose between four alternative Assets: 1, 2, 3, and 4. Each asset costs $35,000 and is expected to provide earnings over a three-year period as described below.
Assets Year 1 Year 2 Year 3
1 $21,000 $15,000 $6,000
2 9,000 15,000 21,000
3 3,000 20,000 19,000
4 6,000 12,000 12,000

which asset should the manager choose Based on the (i) profit maximization goal, (ii) the lowest volatility

Consider the following set of observations:

Enter the data in L1 and L2 in your TI calculator, find the regression line, and construct a scatterplot with the regression line included. Does a line appear to be a good model for these data? Be sure to check your residuals plot. (7 points: 2 points regression line, 2 points scatter plot, 2 points for residual plot; 1 points comment)   

What is r²?

What type of relationship does the data appear to have (linear, logarithmic, exponential, etc.)?

What type of re-expression would work in this case? (1 point)

Find the natural logarithm of the y-values.  

Draw a scatterplot of x vs. ln y. Find the regression equation on ln y on x and include it on the graph. Does it appear to be a better fit than the fit in part (a)? Be sure to check your residuals plot. (7 points: 2 points regression line, 2 points scatter plot, 2 points for residual plot; 1 points comment)   

Write a prediction (regression) equation for your re-expressed data

Use the regression equation you found in part (f) to predict the value of y when x = 10.5.

Does your answer for part (h) seem reasonable? Why or why not?

Explain the importance of checking the residuals plot before re-expressing data and then again after re-expressing data.

out of the following four:

1.Bubble sort
2. Insertion sort
3. Quicksort
4. Mergesort

a. Which sorting methods perform best and worst for data sizes ≥ 25,000 when
the input data is random?
b. Which sorting methods perform best and worst for data sizes ≥ 25,000 when
the input data is 90% sorted?
c. Which sorting methods perform best and worst for data sizes ≥ 25,000 when
the input data is reverse sorted?
d. Which sorting methods perform best and worst for data sizes < 25,000 when
the input data is random?
e. Which sorting methods perform best and worst for data sizes < 25,000 when
the input data is 90% sorted?
f. Which sorting methods perform best and worst for data sizes <25,000 when the
input data is reverse-sorted?
g. What is the relationship between the running time and the data size for each
of the sorting methods when the input data is random? (Try to come up with a function –
need not be ‘exact’, but close)
 Bubble sort
 Insertion sort
 Mergesort
 Quicksort
h. Conclude which sorting method is better suited for data size >25,000 and under
what input data pattern (random, almost sorted and reversely sorted)

out of the following four:

1.Bubble sort
2. Insertion sort
3. Quicksort
4. Mergesort

a. Which sorting methods perform best and worst for data sizes ≥ 25,000 when
the input data is random?
b. Which sorting methods perform best and worst for data sizes ≥ 25,000 when
the input data is 90% sorted?
c. Which sorting methods perform best and worst for data sizes ≥ 25,000 when
the input data is reverse sorted?
d. Which sorting methods perform best and worst for data sizes < 25,000 when
the input data is random?
e. Which sorting methods perform best and worst for data sizes < 25,000 when
the input data is 90% sorted?
f. Which sorting methods perform best and worst for data sizes <25,000 when the
input data is reverse-sorted?
g. What is the relationship between the running time and the data size for each
of the sorting methods when the input data is random? (Try to come up with a function –
need not be ‘exact’, but close)
 Bubble sort
 Insertion sort
 Mergesort
 Quicksort
h. Conclude which sorting method is better suited for data size >25,000 and under
what input data pattern (random, almost sorted and reversely sorted)

Observation A B

Determine the test statistic for this hypothesis test t0 and P value Please help with steps

You have 3 projects with the following cash​ flows:

a. For which of these projects is the IRR rule​ reliable?

b. Estimate the IRR for each project​ (to the nearest

1%​).

c. What is the NPV of each project if the cost of capital is

5%​?

20%​?

50%​?

a. For which of these projects is the IRR rule​ reliable?  ​(Select from the​ drop-down menus.)

The IRR rule is reliable for

project 1

. Unless all of the

negative

cash flows of the project precede the

positive

​ones, the IRR rule may give the wrong answer and should not be used.​ Furthermore, there may be multiple IRRs or the IRR may not exist.b. Estimate the IRR for each project​ (to the nearest

1%​).

The IRR for project 1 is?

​(Round to the nearest​ integer.)The IRR for project 2 is?

​(Round to the nearest​ integer.)The IRR for project 3 is?

​(Round to the nearest​ integer.)c. What is the NPV of each project if the cost of capital is

5%​?

20%​?

50 %?

The NPV for project 1 for a cost of capital of

5 %

is

​$nothing.

​(Round to the nearest​ cent.)The NPV for project 1 for a cost of capital of

20 %

is

​$nothing.

​(Round to the nearest​ cent.)The NPV for project 1 for a cost of capital of

50 %

is

​$nothing.

​(Round to the nearest​ cent.)The NPV for project 2 for a cost of capital of

5 %

is

​$nothing.

​(Round to the nearest​ cent.)The NPV for project 2 for a cost of capital of

20 %

is

nothing.

​(Round to the nearest​ cent.)The NPV for project 2 for a cost of capital of

50 %

is

​$nothing.

​(Round to the nearest​ cent.)The NPV for project 3 for a cost of capital of

5 %

is

​$nothing.

​(Round to the nearest​ cent.)The NPV for project 3 for a cost of capital of

20 %

is

​$nothing.

​(Round to the nearest​ cent.)The NPV for project 3 for a cost of capital of

50 %

is

​$nothing.

​(Round to the nearest​ cent.)