Due to recent significant cost increases, several competing road construction businesses decided to allocate construction projects among themselves based upon historic market share. Under the arrangement, a company would be designated to submit a low bid for each project, ensuring that the designated company would be awarded that contract. Such an arrangement is

a; illegal per se

b:illegal as judged under the rule of reason

c.legally justifiable due to economic conditions in the marketplace

d;legal under antitrust law since it does not fix prices

Alternative Inventory Methods Park Company's perpetual inventory records indicate the following transactions in the month of June: Units Cost/Unit Inventory, June 1 200 $3.20 Purchases: June 3 200 3.50 June 17 250 3.60 June 24 300 3.65 Sales: June 6 300 June 21 200 June 27 150 Required: 1. Compute the cost of goods sold for June and the inventory at the end of June using each of the following cost flow assumptions: If required, round your answers to the nearest dollar. FIFO Cost of Goods Sold $ Ending Inventory $ LIFO (Round your intermediate calculations and final answers to the nearest cent.) Cost of Goods Sold $ Ending Inventory $ Average cost (In your computations, round new per unit costs to the nearest cent. Round your intermediate computations and final answers to the nearest dollar.) Cost of Goods Sold $ Ending Inventory $ 2. Why are the cost of goods sold and ending inventory amounts different for each of the three methods? 3. produces the most realistic amount for net income because it produces the most realistic amount for ending inventory because it 4. If Park uses IFRS, which of the previous alternatives would be acceptable and why? The input in the box below will not be graded, but may be reviewed and considered by your instructor.

The hurricane in the Bahamas caused a small decrease in the supply of hotel rooms but a very large decrease in demand for hotel rooms as tourists cancel their planned trips. The result of these two effects on the market for hotel rooms is:

Group of answer choices

an increase in the equilibrium price and a decrease in the equilibrium quantity

a decrease in the equilibrium price and a decrease in the equilibrium quantity

an unknown change in the equilibrium price and a decrease in the equilibrium quantity

a decrease in the equilibrium price and an unknown change in the equilibrium quantity

IN JAVA

Write a program that calculates the occupancy rate for each floor of a hotel. (Use a sentinel value and please point out the sentinel in bold.) The program should start by asking for the number of floors in the hotel. A loop should then iterate once for each floor. During each iteration, the loop should ask the user for the number of rooms on the floor and the number of them that are occupied. After all the iterations, the program should display the number of rooms the hotel has, the number of them that are occupied, the number that are vacant, and the occupancy rate for the hotel. Input Validation: Do not accept a value less than 1 for the number of floors. Do not accept a number less than 10 for the number of rooms on a floor.

Exercise 5.4
Refer back to exercise 2.2. Suppose that you fit the model to 20 data points and found that your F – value for testing the model is useful is 49.75.

Exercise 2.2
A hotel manager is concerned about hotel room rates for a large chain of hotels. The variables to be used in this research is defined as follows:
Y = the daily rate of a room
X1 = the population of the city
X2 = the rating of the hotel (1 star to 5 stars)
X3 = the number of rooms in the hotel
X4 = the number of hotels in the city

Answer the following:

A.) Now conduct the F-test for model utility.

B.) In exercise 5.4, what is the conclusion?

In 1990, Metlock Company completed the construction of a building at a cost of $2,300,000 and first occupied it in January 1991. It was estimated that the building will have a useful life of 40 years and a salvage value of $69,000 at the end of that time.

Early in 2001, an addition to the building was constructed at a cost of $575,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $23,000.

In 2019, it is determined that the probable life of the building and addition will extend to the end of 2050, or 20 years beyond the original estimate.

Compute the annual depreciation to be charged, beginning with 2019.

In 1993, Nash Company completed the construction of a building at a cost of $2,040,000 and first occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $59,200 at the end of that time.

Early in 2004, an addition to the building was constructed at a cost of $510,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $20,400.

In 2022, it is determined that the probable life of the building and addition will extend to the end of 2053, or 20 years beyond the original estimate.

Using the straight-line method, compute the annual depreciation that would have been charged from 1994 through 2003.

Compute the annual depreciation that would have been charged from 2004 through 2022.

Prepare the entry, if necessary, to adjust the account balances because of the revision of the estimated life in 2021. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Compute the annual depreciation to be charged, beginning with 2022. (Round answer to 0 decimal places, e.g. 45,892.)

In 1993, Windsor Company completed the construction of a building at a cost of $2,160,000 and first occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $65,600 at the end of that time.

Early in 2004, an addition to the building was constructed at a cost of $540,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $21,600.

In 2022, it is determined that the probable life of the building and addition will extend to the end of 2053, or 20 years beyond the original estimate.

Using the straight-line method, compute the annual depreciation that would have been charged from 1994 through 2003.

Compute the annual depreciation that would have been charged from 2004 through 2022.

Prepare the entry, if necessary, to adjust the account balances because of the revision of the estimated life in 2021. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Compute the annual depreciation to be charged, beginning with 2022. (Round answer to 0 decimal places, e.g. 45,892.)

In 1993, Windsor Company completed the construction of a building at a cost of $2,160,000 and first occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $65,600 at the end of that time. Early in 2004, an addition to the building was constructed at a cost of $540,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $21,600. In 2022, it is determined that the probable life of the building and addition will extend to the end of 2053, or 20 years beyond the original estimate.