In order to restructure its entertainment activities, Bear Valley University wanted an estimate of the amount of US dollars spent by all its undergraduate students on entertainment expenses.

To do so, it took a sample of 25 undergraduates. Students in the sample reported spending the following US dollar amounts for entertainment expenses last year:

(Round your answers to 2 decimal places.)

Find the point estimate for the population mean, the point estimate for the population median, and the point estimate for the population mode.

5. Calculate the net food cost percentage for the Food department of a hotel for the month of May. The total food sales revenue for May was $191,118. The following information has been gathered:

• beginning inventory on May 1st was $6,932
• purchases in May totaled $12,883
• food transferred from main storeroom was $61,315
• food transferred to other outlet was $114
• entertainment and promotion checks totaled $2,010
• management signed checks were $691
• documented food spoilage was $139
• food for employee meals was $5,795
• happy hour hors d’oeuvres was $2,040
• ending inventory on May 31st was $6,318

To earn full credit, please calculate these amounts. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:

First calculate gross cost of food sales $___

6 . Please use the information from Question 5 to calculate the amount to transfer from mail storeroom. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:

Transfer from mail storeroom $___

2. Please use the information from Question 5 to calculate the amount to transfer to the other outlet. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.

Transfer to other outlet $___

3. Please use the information from Question 5 to calculate the amount in entertainment and promotion checks. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:

Entertainment & promotion checks $___

4.Please use the information from Question 5 to calculate the amount in management signed checks. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.

Management signed checks $___

5.Please use the information from Question 5 to calculate the amount of food spoilage. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.

Food spoilage $ ___

6. Please use the information from Question 5 to calculate the amount in Employees' meals. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.

Employees' meals $___

7.Please use the information from Question 5 to calculate the amount in happy hour hors d'oeuvres. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:

Happy hour hors d'oeuvres $ ___

8. Please use the information from Question 5 to calculate the amount in net cost of food sales. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.

Net cost of food sales $___

9.Please use the information from Question 5 to calculate the amount in food cost percentage. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.

Food cost percentage (round to two decimal points) ___%

10.A 345-room hotel’s food and beverage department recorded food revenue of $3,460,397.5 and beverage revenue of $1,483,027.5. The cost of sales was 27.3% of F & B revenue, and the departmental expenses were 43.2% of F & B revenue. What is the gross profit percentage for the hotel’s F&B department?

Gross profit percentage for the hotel's F&B department (round to one decimal point) ___%.

Grim Corporation has income and expenses for its current fiscal year, recorded under generally accepted accounting principles, as shown in the following schedule. In addition, a review of Grim’s books and records reveals the following information:

GAAP Book  

Income Sales revenue$2,000,000

Cost of goods sold (1,200,000)

Gross profit$800,000 Meals and entertainment expense (100,000)

Bad debt expense (30,000)

Depreciation expense (80,000)

Other operating expenses (220,000)

Contingent loss (50,000)

Income before taxes$320,000

Federal income tax expense (80,000)

Net income$240,000

• Grim expensed, for book purposes, meals totaling $46,000 and entertainment costs totaling $54,000. These costs were incurred by Grim sales personnel, are reasonable in amount, and are documented in company records.
• During January of the current year, Grim was sued by one of its employees as a result of a work-related accident. The suit has not yet gone to court. However, Grim’s auditors required the company to record a contingent liability (and related book expense) for $50,000, reflecting the company’s likely liability from the suit.
• Grim recorded federal income tax expense for book purposes of $80,000.
• Grim used the reserve method for calculating bad debt expenses for book purposes. Its book income statement reflects bad debt expense of $30,000, calculated as 1.5 percent of sales revenue. Actual write-offs of accounts receivable during the year totaled $22,000.
• MACRS depreciation for the year totals $95,000.
  

1. Complete the following table, reflecting Grim’s book/tax differences for the current year, whether such differences are positive (increase taxable income) or negative (decrease taxable income), and the final numbers to be included in the calculation of taxable income on Grim’s tax return.
2. Prepare a Schedule M-1, page 6, Form 1120, reconciling Grim’s book and taxable income.

Complete the following table, reflecting Grim’s book/tax differences for the current year, whether such differences are positive (increase taxable income) or negative (decrease taxable income), and the final numbers to be included in the calculation of taxable income on Grim’s tax return. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required.)

required.)

Bandura (1998) argues that “the quality of health of a nation is a social matter not just a personal one,” (p.644), and he suggests that “if we are to contribute significantly to the betterment of human health we must broaden our perspective on health promotion and disease prevention beyond the individualistic level,” (p.647). Do you agree with his argument, and do you think his charge to health educators is feasible? Why or why not?

Please choose and respond to 3 of the following:

Use constructs from Social Cognitive Theory to explain why some can overcome great odds to change lives and behaviors, while others, apparently similar, are “stuck” and cannot change? What makes the difference?

1. How do cults and gangs use moral disengagement to change members’ behaviors, often in a negative manner?

2. Health educators can be mentors or advisors for behavior changes such as tobacco cessation or weight control, but think how this affects long-term change and maintenance. What are some strategies for improving maintenance of desirable behavior change?

3. Do professional helpers need to be part of the same social network as those they help, to be effective? Why or why not?

4. How have new technologies such as the Internet increased social networks? What are the benefits and hazards? Compare this to time when the telephone was a new technology and how it increased social networks. How do you think technology will expand again: what will next increase social networks?

How strategically necessary were the acquisitions Philips Medical Systems made between 1998 and 2001? Should they have made the commitment to medical systems that they did?

The Computer Games Division of Entertainment, Inc. is considering two investment projects, each of which has an up-front expenditure of $30,000. You estimate that the cost of capital is 9 percent and that the investments will produce the following after-tax cash inflows:

Prepare answers to the following questions. Please show your calculations.

3. If the two projects are independent and the cost of capital is 9 percent, which project or projects should

Entertainment, Inc. undertake?

4. If the two projects are mutually exclusive and the cost of capital is 9 percent, which project should

Entertainment, Inc. undertake? (Hint: With mutually exclusive projects

Gadgets Inc. has the following information. Compare the spread between actual and sustainable growth for 1998 with the spread for 2001 only, what is the main reason for the change in spread? Compare the components of the sustainable growth rate for the two years to see how each has contributed to the decrease/increase in sustainable growth

What is Data Fragmentation. Consider the following Student relation. How would you fragment Student relation horizontally based on Student’s Branch? Give a short discussion of your decision.

Answer the following questions fully and submit to this DropBox.   
1. How did Disney create its uniqueness in the Media and Entertainment Industry? (200 words minimum)? Please include a word count of your answer.
2. How is the media and entertainment industry being disrupted? In terms of corporate strategy, how are firms in the industry responding? (150 words minimum)? Please include a word count of your answer.