Are steers and heifers equally distributed between angus and herefords

Please type out answer, thank you.

Question 1

On October 1, 2018, the Marshall Company sold a large piece of machinery to the Hammond Construction Company for $80,000. The cost of the machine was $40,000. Hammond made a down payment of $10,000 and agreed to pay the remaining balance in seven equal monthly installments of $10,000, plus interest at 12% on the unpaid balance, beginning November 1.

Required:

1. Identify three alternative methods for recognizing revenue and costs for the situation described and compute the amount of gross profit that would be recognized in 2018 using each method.
2. Discuss the circumstances under which each of the three methods would be used.

Question 2

Harvey Alexander, an all-league professional football player, has just declared free agency. Two teams, the San Francisco 49ers and the Dallas Cowboys, have made Harvey the following offers to obtain his services:

With both contracts, the annual salary will be paid in one lump sum at the end of the football season.

Required:

You have been hired as a consultant to Harvey’s agent, Phil Marks, to evaluate the two contracts. Write a short letter to Phil with your recommendation including the method you used to reach your conclusion. Assume that Harvey has no preference between the two teams and that the decision will be based entirely on monetary considerations. Also assume that Harvey can invest his money and earn an 8% annual return.

Q.#1 Using Excel Format

The data below show a summary of three major international companies’ financial statements.

Required:

1. Complete the following table:

2. Perform a comparison analysis between the three companies based on following ratios:
   1. Debt ratio
   2. Total Asset Turnover
   3. Net Margin

“Explain your full conclusion for part b”

1. Language development generally takes place in stages. Review page 179, “Visualizing Development – Early Communication and Language Development” of your course text, which discusses the evolution of oral language in young children, and then explain the differences between cooing, babbling, receptive language, and expressive language. Based on the 4 theories of language development theories described on pages 180-185 of your course text, summarize the role of important adults in a young child's language development.
2. As stated in your course text, both a child's temperament and his or her "goodness of fit" can influence early development. Review the Temperament section on pages 192-195 in the text. In your own words, define goodness of fit. Then reflect on your own childhood. Use the information in this section to help you describe your temperament as a young child and whether you experienced goodness of fit with any one person or situation in your early life. As part of your answer, either explain why you believe you experienced goodness of fit, or explain what would have promoted greater goodness of fit with a key person or situation.
3. The course states that, “Each day of looking and learning seems insignificant, yet responses accumulate to develop a toddler who thinks, understands, pretends, and explains.” (Berger, 2018, p.163) Based on the Learning Resources for this week, provide an example of developmental growth that typically occurs between birth and age 2 in each of the domains—physical, cognitive, and social and emotional. Then, briefly explain how experiences accumulate and contribute to each of these developmental changes.

Required: Design a Balanced Scorecard for Triple S-C. Be sure to articulate the linkages among the metrics in the different categories.

Here is the case it pertains to:

Traditionally, steel purchasers fall into one of two groups. Very large customers such as automobile and appliance manufacturers fall into the first category. These customers purchase steel from mills and have it delivered to processors for cutting to specification. They might also buy direct from one or more of the approximately 3,500 steel processors or from wholesalers (normally called service centers). In all three instances, the cut steel is delivered to the customer, often on a just-in-time basis. The second group comprises smaller-volume firms such as metal stampers and fabricators. Firms that make equipment, agricultural tools, and heating and air conditioning units also fall into the second group. These small to midsized companies, which purchase steel as both contract customers and spot buyers, but in relatively small quantities, also tend to have extensive needs for special alloy steels and odd sizes. For the past decade, the variety of the steel demanded has steadily trended up, while the average lot size has trended down. These trends, which partly reflect increased customization and the growth of the just-in-time philosophy, are expected to continue, if not accelerate.

Triple S-C’s founder, Remus Illies, worked at a major steel manufacturer (and was considered a rising star until he quit). Remus realized that the bulk of the distribution industry revolved around coordinating action. Managing information flow is key. Remus therefore set up Triple S-C, which does not own any warehouses or processing facilities. Instead, Triple S-C is a coordinator that buys the steel, has it processed, and has it delivered to the customer. In the process, Triple S-C might deal with as many as six separate entities. Triple S-C maintains an extensive list of firms in the steel supply chain. It has also negotiated prices and terms with many long-standing partners.

Because of its virtual nature and ability to put a deal together on the spot, Triple S-C has convinced its customers about the ease of ordering, processing, and delivery. While Triple S-C accepts orders by phone or fax, it encourages customers to order via electronic data interchange (EDI) or through the Web. Slowly but surely, Triple S-C has convinced its customers about the ease of ordering via the Web and the security of the transaction. Once logged in, customers can configure products on-line and immediately receive multiple quotes with different volume and service parameters. Order status is continually updated and accessible to customers on-line. Upon execution, Triple S-C automatically debits the customer’s bank account per agreed terms.

Triple S-C’s advantage comes from leveraging technology to combine the orders of multiple customers to generate the volumes needed for discounts. The technology also allows Triple S-C to coordinate more effectively with processors to reduce scrap and waste. The firm also seeks to continually expand its list of processors to increase the flexibility it offers end customers. In this fashion, Triple S-C tries to build its ability to combine orders from two different customers into one processing order, which reduces the time and waste involved in loading a multi-tonne coil. The firm also uses its extensive database to identify trends, which enables it to lock in both supplies of alloy and steel and processing time at favorable rates. Remus’s long-term goals are to deal in value-added products such as alloy steels rather than commoditized products such as carbon steel.

Currently, Triple S-C operates out of a single office in Prague and employs just under 40 people. Its primary market area is Central Europe, although Remus is already thinking of westward expansion. Not surprisingly, Triple S-C’s primary target market comprises small to medium-sized firms that lack the volume needed to deal with the steel mills directly and that need specialized processing.

Taxes: The Internal Revenue Service reports that the mean federal income tax paid in the year

2010

was

$8040

. Assume that the standard deviation is

$4700

. The IRS plans to draw a sample of

1000

tax returns to study the effect of a new tax law.

(a) What is the probability that the sample mean tax is less than

$8000

? Round the answer to at least four decimal places.

1.Think about the primary difference between tax avoidance and tax evasion. Define and provide an example of each, and compare/contrast the typical consequences a taxpayer can expect from the Internal Revenue Service when s/he engages in either of the behaviors. In your response, identify the legal doctrines that the IRS typically uses to challenge a tax planning strategy.

2.Explain what is meant by an “implicit tax.” Define an implicit tax, and illustrate the concept by showing how a taxpayer’s marginal tax rate will determine whether s/he should invest $10,000 in a fully taxable corporate bond generating pretax interest of 8%, or a municipal bond generating pretax interest of 6%. At what marginal tax rate will an investor be indifferent between the two options?

Use the following information for questions 36-48

Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs 10million, whereas the simple technology costs 2million.

​If the simplified version costs $2 million and its probability of success is 75%, whereas the cost of the complicated version is $10million, what is the minimum probability of success for the complicated version that would make the firm indifferent between the two software?

Thompson Company is considering the development of two products: no. 65 or no. 66. Manufacturing cost information follows. No. 65 No. 66

Annual fixed costs $222,000 $340,000

Variable cost per unit 30 25

Regardless of which product is introduced, the anticipated selling price will be $50 and the company will pay a 10% sales commission on gross dollar sales. Thompson will not carry an inventory of these items.

1) Difference between breakeven volume (stated as revenue deollars) for the two products = $

2) Difference between profits of the two products at a sales level of 25,000 units = $

3) At what volume level (expressed as number of units), both products will generate the same level of profit? The volume level =

4) Margin of safety (expressed as a %) for product # 65 when the company is selling 16,000 units =

Specifically only need help with f-h.

1. Refer to the Excel “Dixie” data posted on eLearning: (18)
   1. Develop an estimated regression equation with the Revenue serving as the dependent variable and Paper Ads and TV Ads serving as explanatory variables. Write out this estimated equation (use the estimate values!) to explain Revenue.
   2. Show the residual plots where residuals are plotted against each explanatory variable separately. Comment on whether you can proceed with statistical inference based on what you see in the plots. (Hint: Don’t go looking for trouble!)
   3. Provide an interpretation for the three coefficient estimates that you calculated in part “a”. (don’t forget the intercept).
   4. What would your regression model predict the revenue amount to be in a market with 0 TV Ads and 0 Paper Ads? Is this a meaningful prediction? Answer, in a sentence, why or why not.
   5. Provide a 90% confidence interval for your estimate of the Paper Ads Coefficient. Interpret exactly what this 90% confidence interval means.
   6. What statistic and p-value would you use to test the specific null hypothesis that:

Ho: b _{Paper Ads} = b _{TV Ads} = 0

      Do you reject or fail to reject this null hypothesis?

1. g. If I asked you to consider a “backward selection” approach which only included predictors to the model that were significant at a 99% level, then would your answer to part “a” change? If so, what would it change to?
2. h. What percentage of the variation in Revenue can be explained by the model you developed on part “a”? How much more variation does this model explain than a model which uses only TV Ads to help predict Revenue?