Telecorp Inc. sells holiday greeting cards via phone solicitation. Twenty-four new salespersons were hired in January 2020. The company provides training for the first month of their employment. This year, the company decided to engage a relatively expensive training consultant on a test basis to train a random sample of 12 of their 24 new hires. The other twelve received the internal training that the company provides. Management desires more information about the value of the external trainer to decide whether it will seek to extend the agreement with the training consultant to train all the new hires. The company will conduct this test in January 2020 and again in January 2021. The company does not have a directional hypothesis ex ante (in advance) regarding the impact of the trainer since it is certainly conceivable that the external training consultant could be less effective than the in-house trainers.
Sales data from year one is shown in the EXCEL data file in the tab entitled “Telecorp Inc. Sales”.
Please complete the following:
| Internal Training Group | External Training Group | |||
| Mean | 21757.75 | Mean | 25079.25 | |
| Standard Error | 1325.041098 | Standard Error | 1402.143798 | |
| Median | 20864.5 | Median | 24563 | |
| Mode | #N/A | Mode | 18778 | |
| Standard Deviation | 4590.077007 | Standard Deviation | 4857.168594 | |
| Sample Variance | 21068806.93 | Sample Variance | 23592086.75 | |
| Kurtosis | -0.869273226 | Kurtosis | -0.90374431 | |
| Skewness | 0.345688143 | Skewness | 0.255553094 | |
| Range | 14665 | Range | 14632 | |
| Minimum | 14500 | Minimum | 18778 | |
| Maximum | 29165 | Maximum | 33410 | |
| Sum | 261093 | Sum | 300951 | |
| Count | 12 | Count | 12 | |
| Confidence Level(95.0%) | 2916.395793 | Confidence Level(95.0%) | 3086.097691 | |
In: Statistics and Probability
On January 1st 2016 the Snoke Company purchased 100 of the 1000 shares of The First Order Company stock for $6000 At this time Snoke has no influence over The First Order.
On July 1st The First Order paid a $1 per share dividend
On December 31st The First order reported income for 2016 of $5000 and its stock was selling for $63 per share
On January 2nd 2017 the Snoke Company purchased another 100 shares of The First Order stock for $6500 With this second purchase, Snoke now has significant influence over The First Order. Any excess of purchase price over book value of assets is attributable to goodwill.
On July 1st The First Order paid a $1 per share dividend
On December 31st The First Order reported income for 2017 of $9000 and its stock was selling for $61 per share
On July 1st 2018, The First Order announced that they were not paying any dividends this year
On December 31st The First Order reported a loss for 2018 of $4000 and its stock was selling for $58 per share
On January 3rd 2019 the Snoke Company sold 1/2 (100 shares) of its investment in The First Order at $59 per share. With this sale Snoke no longer has any influence over The First Order.
On July 1st The First Order paid a $2 per share dividend
On December 31st The First Order reported income of $1000 and its stock was selling for $57 per share
On January 5th 2020 the Snoke Company sold its remaining stock
in The First Order at $58 per share.
REQUIRED:
A) PREPARE ALL THE NECESSARY JOURNAL ENTRIES FOR SNOKE IN 2016 THROUGH 2020
B) FOR EACH YEAR DETERMINE
1) THE BOOK VALUE OF THE INVESTMENT IN THE FIRST ORDER
2) THE BALANCE IN THE UNREALIZED HOLDING GAIN OR LOSS ACCOUNT (IS IT AN UNREALIZED GAIN OR LOSS)
3) THE INCOME STATEMENT IMPACT OF THE INVESTMENT
2016 2017 2018 2019
Investment in First Order
Unrealized holding gain/loss
Impact on income
In: Accounting
What product costs and period costs go into McDonald’s French fries?
McDonald’s recently released a video featuring Grant Imahara, a former host from “Mythbusters,” about how its French fries are made. Some people have said that its French fries are mashed-up potatoes (or other ingredients) pressed into French fry shapes.
Questions
In: Accounting
9. Larry was married at the following ages and to the following wives. Larry is fully insured and is 62 and married to Dawn.
|
Wife |
Current Age |
Larry's Age at Marriage |
Current Marital Status |
Length of Marriage |
|
|
1 |
Alice |
62 |
20 |
Single |
10 years, 1 month |
|
2 |
Betty |
63 |
31 |
Single |
10 years, 1 month |
|
3 |
Claire |
64 |
42 |
Single |
9 years |
|
4 |
Dawn |
65 |
53 |
Married |
9 years |
Who among the former wives/wives may be eligible to receive Social Security retirement benefits on the basis of on Larry’s earnings if Larry is (1) retired, or (2) not retired?
In: Accounting
Problem 4 and 5-1 Future Value
|
Consider that you are 35 years old and have just changed to a new job. You have $83,000 in the retirement plan from your former employer. You can roll that money into the retirement plan of the new employer. You will also contribute $3,900 each year into your new employer’s plan. |
|
If the rolled-over money and the new contributions both earn a 7 percent return, how much should you expect to have when you retire in 30 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Future value |
$ |
In: Finance
C++ PLEASE
In the children’s game, Duck, Duck, Goose, a group of children sit in a circle. One of them is elected “it” and that person walks around the outside of the circle. The person who is “it” pats each child on the head, saying “Duck” each time, until randomly reaching a child that the “it” person identifies as “Goose.” At this point there is a mad scramble, as the “Goose” and the “it” person race around the circle. Whoever returns to the Goose’s former place first gets to remain in the circle. The loser of this race is the “it” person for the next round of play. The game continues like this until the children get bored or an adult tells them it’s snack time. Write software that simulates a game of Duck, Duck, Goose.
In: Computer Science
Please assist on this Project for Subject - Organisational Leadership (Business Management 2A)
Much debate exists within the literature about leadership and management. Kotter (1990:103) argues that management and leadership are "two distinctive and complementary systems of action" and that the former involves coping with complexity, while the latter involves coping with change.
1.1 Discuss in detail, with the use of examples, the fundamental differences between the concept of leadership versus management.
1.2 Evaluate in detail, with the use of practical examples, the advantages and disadvantages of a transformational leader.
1.3 Discuss in detail, with the use of practical examples, FOUR (4) management styles and the potential impact each style may have on a business..
REGARDS
ANNELIE
In: Operations Management
|
On May 1, Soriano Co. reported the following account balances along with their estimated fair values: |
| Carrying Amount |
Fair Value | ||||||
| Receivables | $ | 92,500 | $ | 92,500 | |||
| Inventory | 84,000 | 84,000 | |||||
| Copyrights | 172,500 | 537,500 | |||||
| Patented technology | 906,000 | 739,000 | |||||
| Total assets | $ | 1,255,000 | $ | 1,453,000 | |||
| Current liabilities | $ | 205,000 | $ | 205,000 | |||
| Long-term liabilities | 713,000 | 694,000 | |||||
| Common stock | 100,000 | ||||||
| Retained earnings | 237,000 | ||||||
| Total liabilities and equities | $ | 1,255,000 | |||||
|
On that day, Zambrano paid cash to acquire all of the assets and liabilities of Soriano, which will cease to exist as a separate entity. To facilitate the merger, Zambrano also paid $135,000 to an investment banking firm. |
| The following information was also available: |
| • |
Zambrano further agreed to pay an extra $86,400 to the former owners of Soriano only if they meet certain revenue goals during the next two years. Zambrano estimated the present value of its probability adjusted expected payment for this contingency at $43,200. |
| • |
Soriano has a research and development project in process with an appraised value of $237,000. However, the project has not yet reached technological feasibility and the project’s assets have no alternative future use. |
|
Prepare Zambrano’s journal entries to record the Soriano acquisition assuming its initial cash payment to the former owners was (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) |
| a. | $725,800. |
Note: Enter debits before credits.
|
| b. | $840,000. |
Journal entry worksheet
Note: Enter debits before credits.
|
In: Accounting
Prior research has shown a significant relationship between maternal smoking during pregnancy. Investigators at University Anywhere were interested in looking at whether or not there was a dose response between smoking and low birth weight. They collected data from 500 women receiving prenatal care at a local health center and categorized their smoking status at their first prenatal visit into the following categories:
(1) never smokers, (2) former smoker (quit smoking) (3) non-daily smoker (currently smokes but not every day) and (4) daily smoker. The table below provides a descriptive summary of data from the study:
| Birth weight | ||
| never smokers (n = 250) | 3000 | 647 |
| Former Smoker (n=100) | 2800 | 593 |
| Non-daily smoker (n=75) | 2750 | 495 |
| Daily Smoker (n=75) | 2300 | 500 |
A. Describe what type of graph you would use to examine the relationship between maternal smoking and birth weight. Justify the graph you selected.
B. What statistical test can be performed to see if the mean birth weight varied across the smoking categories? Be sure to include a brief explanation/justification for the test that you selected.
C. Specify the null and alternative hypotheses for the test that you specify in part b.
D. Perform the test you suggested in part b, report a p-value
E. Interpret this result in a sentence (remember that your interpretation should be one that makes sense to the scientific community who will use these results, not just biostatisticians).
F. What else would you like to know in order to address this hypothesis? Describe how you would examine this.
In: Statistics and Probability
Prior research has shown a significant relationship between maternal smoking during pregnancy. Investigators at University Anywhere were interested in looking at whether or not there was a dose response between smoking and low birth weight. They collected data from 500 women receiving prenatal care at a local health center and categorized their smoking status at their first prenatal visit into the following categories:
(1) never smokers, (2) former smoker (quit smoking) (3) non-daily smoker (currently smokes but not every day) and (4) daily smoker. The table below provides a descriptive summary of data from the study:
| Birth weight | ||
| mean | standard deviation | |
| never smokers (n = 250) | 3000 | 647 |
| Former Smoker (n=100) | 2800 | 593 |
| Non-daily smoker (n=75) | 2750 | 495 |
| Daily Smoker (n=75) | 2300 | 500 |
A. Describe what type of graph you would use to examine the relationship between maternal smoking and birth weight. Justify the graph you selected.
B. What statistical test can be performed to see if the mean birth weight varied across the smoking categories? Be sure to include a brief explanation/justification for the test that you selected.
C. Specify the null and alternative hypotheses for the test that you specify in part b.
D. Perform the test you suggested in part b, report a p-value
E. Interpret this result in a sentence (remember that your interpretation should be one that makes sense to the scientific community who will use these results, not just biostatisticians).
F. What else would you like to know in order to address this hypothesis? Describe how you would examine this.
In: Statistics and Probability