prepare general journal entries on Dec 31 to record the following unrelated year end adjustments.

a. On October 1, the company received 4 months rent in advance from a tenant whose rent is $650 per month. The $2,000 was credited to the Unearned Rent account.

b.) The prepaid insurance account has a $5,200 debit balance before adjustment. An examination of insurance policies shows $800 of unexpired insurance.

c.) The company collects rent revenue monthly from its tenants. One tenant whose rent is $825 per month has not paid his rent for November and December.

d.) The prepaid Insurance account has a $3,700 debit balance before adjustment. An examination of insurance policies shows $1,050 of insurance expired.

e.) Estimated depreciation on a copy machine for the office for the year is $1,500.

f.) The company has four office employees who each earn $150 per day for a five day work week that ends on Friday. The employees were paid on Friday, Dec 27, and have worked full days on Monday and Tuesday, December 30 and 31

Define lifetime customer value.

Explain the components used to calculate LCV.  

How may marketing managers use LCV in various strategies to grow marketing profits? Bullet points will be helpful.  

Your company, Lem Inc., is evaluating four different market segments. The company is going to select one segment as its primary segment for the next three years.   Using the excel program on lifetime value, what is the Total lifetime value of each of the following customer segments using a 5% discount rate. Show the value of each segment. If the company only has the resources to keep one segment, which segments should the company keep? Why? Include a table or graph showing a comparison of each segment. Your written explanation will be one page or less.  

Segment A has a 90% satisfaction rate, the sales force spends $200 each year calling on them, with an average margin of 50% on a sales of $1000. The marketing department has an integrated marketing communication strategy that costs $300 to attract new customers. There are 1000 of these clients in this segment.

Segment B has a 95% satisfaction rate, the sales force spends $400 each year calling on them, with an average margin of 40% on a sales of $1000. The marketing department has an integrated marketing communication strategy that costs $900 to attract new customers. There are 500 of these clients in this segment.

Segment C has a 65% satisfaction rate, the sales force spends $25 each year calling on them, with an average margin of 80% on a sales of $1000. The marketing department has an integrated marketing communication strategy that costs $30 to attract new customers. There are 3000 of these clients in this segment.

Segment D has a 80% satisfaction rate, the sales force spends $200 each year calling on them, with an average margin of 60% on a sales of $1000. The marketing department has an integrated marketing communication strategy that costs $300 to attract new customers. There are1500 of these clients in this segment.

The following case applies to questions 1-3:

Clients can choose between three diets at a weight-loss treatment center. An experiment was performed to determine if there is a difference between the diets. Fifteen patients were randomly selected and divided evenly into three groups of five for each diet. After 30 days the weight change (in pounds) for each client was recorded as shown below.

Diet A: 4, 4, 5, 5, 7

Diet B: 5, 6, 6, 7, 7

Diet C: 7 ,8, 8, 9, 9

What is the alternative hypothesis?

1. None of the diet variances are equal
2. At least one of the diet means is not equal
3. All of the diet means are equal
4. All of the diet variances are equal
5. None of the diet means are equal

What is the critical value at the 0.05 level of significance?

1. 3.89
2. 19.4
3. 6.93
4. 3.29

What is the test statistics and does the experiment conclude that there is a difference in mean weight loss among the three diets at the 0.05 level of significance?

1. 2.25 and yes there is a difference in diet
2. 13.47 and no there is not a difference in diet
3. 13.47 and yes there is a difference in diet
4. 2.25 and no there is no difference in diet

Consider a 12 months two-security potential investment from the following three. The correlation coefficients between pairs of the stocks are as follows: Corr(A,B) = 0.85, Corr(A,C) = 0.60, Corr(A,D) = 0.45. Each stock has an expected return of 8% and a standard deviation of 20%.

Your entire portfolio is now composed of stock A and you can add some of only one stock to your portfolio.

Required:

1. Identify the stock to be added to Stock A and determine the optimum portfolio mix.                                                                                                                       [8 Marks]

2. If the overall rate of return on the LUSE is 9%, the risk-free rate is 4%, and the beta of 1.2, is it justifiable to invest in the new portfolio?             [5 Marks]

3. Discuss the assumption of keeping the correlations between stock returns constant in modern portfolio theory.                                                        [7 Marks]

Suppose three competing airlines each schedule their own flight to Waco which arrives there between 2:00 and 3:00 pm according to a continuous uniform distribution. All three flights are mutually independent.

(a) If Ralph shows up at the airport at 2:00 and decides he will watch all three arrivals, what is the expected time that he observes the third and last arrival?

(b) If each airline’s flight only stays on the ground for 10 minutes, find or estimate the probability that all 3 airlines will have a plane on the ground at Waco at some point in the hour from 2:00 to 3:00.

1. If you can run “traceroute/tracert” between machines in your organization.List three concrete applications to use trace route for cybersecurity?

2.How to use” netstate/netstat” to discover malicious activities in your machine?

3. use Process Monitor “Procmon” show how to list all running processes that run “RegCreateKey” operation with unsuccessful results.

4.Show how to use Nmap to do IP scanning using TCP and ICMP and port scanning using Stealth FIN. Show the command and the output.

2. If you can run “traceroute/tracert” between machines in your organization. List three concrete applications to use trace route for cybersecurity?

3. How to use ”netstate/netstat” to discover malicious activities in your machine?

4. Install and use Process Monitor “Procmon” (you can download from https://docs.microsoft.com/en-us/sysinternals/ (Links to an external site.)) and then show how to list all running processes that run “RegCreateKey” operation with unsuccessful results.

5. Show how to use Nmap to do IP scanning using TCP and ICMP and port scanning using Stealth FIN. Show the command and the output.

a) Suppose that you learned the demand curve for your company's product is given by the following table:

​

Refer to Table 1. For your company, what is the average revenue and the marginal revenue when 14 units are produced and sold?

b) Continue from Table 1 in question (a), your company is  MOST LIKELY to be in which type of market structure?

data

Use R Studio. (you just need to write R code)

year = year state = A code identifying the relevant U.S. state realbeertax = the state tax per gallon of beer sold pc_perinc = personal income per person pop1620 = population ages 16-20 ur1620_r = unemployment rate among people age 16-20 (in percent) ANYBAC26 = number of fatal accidents involving alcohol among people age 26 and up ANYBAC1620 = number of fatal accidents involving alcohol among people age 16-20 NOBAC26 = number of fatal accidents not involving alcohol among people age 26 and up NOBAC1620 = number of fatal accidents not involving alcohol among people age 16-20 mwdef = minimum wage (in 2006 dollars)

1, Create a new variable that is equal to the log of personal income per person (pc_perinc).

2,Note that this dataset includes observations from all states and from all years between 1998 and 2002. For simplicity, let’s focus on one year: 2001. Create a new object consisting of the data only for 2001

3,We now have a cross-sectional dataset that includes several quantitative variables. One question we might ask is, what is the relationship between (the log of) personal income per capita and a state’s minimum wage? Create a graph that would let you evaluate this relationship visually

4, Use R to calculate the correlation between the two variables you plotted in question 5.

QUESTION #2 Part A Lunenberg Ltd, a publicly accountable enterprise, began business on January 1, 2015 and follows IFRS. Its pretax accounting income for the first two years was as follows: 2015 $ 80,000 2016 150,000

The following items caused the only differences between pretax accounting income and taxable income.

1. In 2015, the company collected $75,000 in rental revenue; of this amount, $25,000 was earned in 2015; the other $50,000 will be earned equally during 2016 and 2017. The full $75,000 was included in taxable income in 2015.

2. The company pays $5,000 in 2015and 2016 for membership in a local golf club.

3. In 2016, the company terminated a top executive and agreed to pay $30,000 severance pay. This will be paid $10,000 each year for three years, starting in 2016. The 2016 payment was made. The entire $30,000 was expensed in 2016 for book purposes.

For tax purposes, the severance pay is deductible only when it is paid.

The enacted tax rates at December 31, 2015 are: 2015 30% 2017 40% 2016 35% 2018 40%

Instructions:

(a) Calculate taxable income and income tax payable for 2015 and 2016

(b) Calculate the deferred income tax asset and/or liability at the end of 2015, and prepare the adjusting journal entries to record income taxes for 2015