Shamrock Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% of the common stock, was one of the organizers of Shamrock and is its current president. The company has been successful, but it currently is experiencing a shortage of funds. On June 10, 2021, Daniel Brown approached the Topeka National Bank, asking for a 24-month extension on two $35,170 notes, which are due on June 30, 2021, and September 30, 2021. Another note of $6,020 is due on March 31, 2022, but he expects no difficulty in paying this note on its due date. Brown explained that Shamrock’s cash flow problems are due primarily to the company’s desire to finance a $300,530 plant expansion over the next 2 fiscal years through internally generated funds.

The commercial loan officer of Topeka National Bank requested the following financial reports for the last 2 fiscal years.

(a)

Compute the following items for Shamrock Corporation. (Round answers to 2 decimal places, e.g. 2.25 or 2.25%.)

The worldwide market share for a web browser was 20.1​% in a recent month. Suppose that a sample of 100 random students at a certain university finds that 25 use the browser.

A. At the 0.05 level of​ significance, is there evidence that the market share for the web browser at the university is greater than the worldwide market share of 20.1​%?

Determine the null and alternative hypotheses.

Calculate the test statistic.

The​ p-value is

State the conclusion of the test.

B. Suppose that a sample of n=400 students at the same university​ (instead of n=100​) determines that 25​% of the sample use the web browser. At the 0.05 level of​ significance, is there evidence that the market share for the web browser at the university is greater than the worldwide market share of 20.1​%?

Calculate the test statistic for the second sample.

What is the​ p-value for the second​ sample?

The​ p-value is

State the conclusion of the test using this second sample at the 0.05 level of significance.

C. Compare the results of​ (a) and​ (b) and discuss the effect that sample size has on the​ outcome, and, in​ general, in hypothesis testing.

D. What do you think are your chances of rejecting any null hypothesis concerning a population proportion if a sample size of n=20 is​ used?

The likelihood of rejecting a null hypothesis with N=20 is relatively ( HIGH OR LOW)

Please write a java program that has the following methods in it: (preferably in order)  

1. a method to read in the name of a University and pass it back
2. a method to read in the number of students enrolled and pass it back
3. a method to calculate the tuition as 20000 times the number of students and pass it back
4. a method print the name of the University, the number of students enrolled, and the total tuition

Design Notes:

• The method described in Item #1 above will read in a string and pass it back to the main program. Nothing is passed to the method, but the University name is passed back
  
• The method described in Item #2 above will read in an integer for the number of students enrolled and pass it back to the main program. Nothing is passed to the method, but the University name is passed back to the main program
  
• The method described in Item #3 above will receive the number of students. It will then do the calculation for the tuition and pass back that value, which is a double value to the main program
  
• The method described in Item #4 above will receive all data for printing and pass nothing back to the main program
  

Please copy the java code along with a screen print (snippet) of the final output. I would like both to review the work that I already have done. Thanks in advance!

The following selected transactions relate to investment activities of Ornamental Insulation Corporation. The company buys securities, not intending to profit from short-term differences in price and not necessarily to hold debt securities to maturity, but to have them available for sale when circumstances warrant. Ornamental’s fiscal year ends on December 31. No investments were held by Ornamental on December 31, 2015. 2016 Feb. 21 Acquired Distribution Transformers Corporation common shares costing $530,000. Mar. 18 Received cash dividends of $10,000 on the investment in Distribution Transformers common shares. Sep. 1 Acquired $1,290,000 of American Instruments' 10% bonds at face value. Oct. 20 Sold the Distribution Transformers shares for $565,000. Nov. 1 Purchased M&D Corporation common shares costing $2,050,000. Dec. 31 Recorded any necessary adjusting entry(s) relating to the investments. The market prices of the investments are: American Instruments bonds $ 1,243,000 M&D Corporation shares $ 2,123,000 (Hint: Interest must be accrued for the American Instruments’ bonds.) 2017 Jan. 20 Sold the M&D Corporation shares for $2,148,000. Mar. 1 Received semiannual interest of $64,500 on the investment in American Instruments bonds. Aug. 12 Acquired Vast Communication common shares costing $780,000. Sept. 1 Received semiannual interest of $64,500 on the investment in American Instruments bonds. Dec. 31 Recorded any necessary adjusting entry(s) relating to the investments. The market prices of the investments are: Vast Communication shares $ 800,000 American Instruments bonds $ 1,223,000 Required: 1. Prepare the appropriate journal entry for each transaction or event during 2016. 2. Indicate any amounts that Ornamental Insulation would report in its 2016 balance sheet and income statement as a result of these investments. 3. Prepare the appropriate journal entry for each transaction or event during 2017. 4. Indicate any amounts that Ornamental Insulation would report in its 2017 balance sheet and income statement as a result of these investments.

Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $64,700. Meg works part-time at the same university. She earns $34,000 a year. The couple does not itemize deductions. Other than salary, the Comers’ only other source of income is from the disposition of various capital assets (mostly stocks).

a.

a. What is the Comers’ tax liability for 2019 if they report the following capital gains and losses for the year?

b.

What is the Comers’ tax liability for 2019 if they report the following capital gains and losses for the year?

Female athletes at the University of Colorado, Boulder, have a long-term graduation rate of 67% (Source: Chronicle of Higher Education). Over the past several years, a random sample of 38 female athletes at the school showed that 21 eventually graduated. Does this indicate that the population proportion of female athletes who graduate from the University of Colorado, Boulder, is now less than 67% ? Use a 5% level of significance.

a) Which distribution applies: the Standard Normal or the t distribution? Why?

b) What is the value of the level of significance? State the null and alternate hypotheses. Is it a left-tailed, right-tailed, or two-tailed test?

c) Compute the value of the sample test statistic (either t* or z*).

d) Find the critical value(s). Sketch the sampling distribution and show the critical value(s) and region(s).

e) Based on your answers in parts (a) to (d), will you reject or fail to reject the null hypothesis at the given level of significance?

f) Interpret your conclusion in the context of the application.

What is the total tax due for 2020, for Stuart, assuming that he earned 20,000 in wages, earned 24,000 in self-employment income from his first business, had a loss of 10,000 from his second business, received 3,000 of interest income, and had 5,100 in nonqualified dividend income?

Question Set 1: Two Independent Proportions

Reminder: The standard error is computed differently for a two-sample proportion confidence interval and a two-sample proportion hypothesis test.

Researchers are comparing the proportion of University Park students who are Pennsylvania residents to the proportion of World Campus students who are Pennsylvania residents. Data from a sample are presented in the contingency table below.

1. Construct a 95% confidence interval to estimate the difference between the proportion of all University Park students who are Pennsylvania residents and the proportion of all World Campus students who are Pennsylvania residents. If assumptions are met, use the normal approximation method. Show how you checked assumptions. You should not need to do any hand calculations. Use Minitab Express to construct the confidence interval. Remember to copy+paste all relevant Minitab Express output and always clearly identify your final answer. [15 points]

B. Interpret the confidence interval that you computed in part A by completing the following sentence. [5 points]

I am 95% confident that…

C. Use the five-step hypothesis testing procedure given below to determine if there is evidence of a difference between the proportion of University Park students who are Pennsylvania residents and the proportion of World Campus students who are Pennsylvania residents. If assumptions are met, use the normal approximation method. Use Minitab Express. You should not need to do any hand calculations. Remember to copy+paste all relevant Minitab Express output. [30 points]

Step 1: Check assumptions and write hypotheses

Step 2: Calculate the test statistic

Step 3: Determine the p-value

Step 4: Decide to reject or fail to reject the null hypothesis

Step 5: State a real-world conclusion

Blue Department Store converted from the conventional retail method to the LIFO retail method on January 1, 2020, and is now considering converting to the dollar-value LIFO inventory method. During your examination of the financial statements for the year ended December 31, 2021, management requested that you furnish a summary showing certain computations of inventory cost for the past 3 years.

Here is the available information.

Compute the cost of inventory on hand at December 31, 2019, based on the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987)

Compute the inventory to be reported on December 31, 2019, in accordance with procedures necessary to convert from the conventional retail method to the LIFO retail method beginning January 1, 2020. Assume that the retail value of the December 31, 2019, inventory was $60,900. (Round ratios for computational purposes to 2 decimal places, e.g. 78.72% and final answer to 0 decimal places, e.g. 28,987.)

Without prejudice to your solution to part (b), assume that you computed the December 31, 2019, inventory (retail value $60,900) under the LIFO retail method at a cost of $36,845. Compute the cost of the store’s 2020 and 2021 year-end inventories under the dollar-value LIFO method. (Round ratios for computational purposes to 2 decimal places, e.g. 78.72% and final answer to 0 decimal places, e.g. 28,987.)