The following table gives information about 500 people according to their smoking status and gender and opinion on a tax reform bill. It is of interest to know if the gender and smoking status are associated.
| Non-Smoker | Regular Smoker | Occasional | total | |
| Male | 138 | 83 | 64 | 285 |
| Female | 64 | 67 | 84 | 215 |
| Total | 202 | 150 | 148 | 500 |
a. Write the relevant null and alternative hypotheses
b. If the calculated Chi-Square test statistic is 22.153, find the corresponding p-value
c. Write your conclusion based on the p-value calculated above
d. What is the probability that a randomly selected person is a non-smoker?
e. What is the probability that a randomly selected person is not a regular smoker?
f. What is the probability that a randomly selected person is either a male or a non-smoker?
g. What is the probability that a randomly selected person is a regular smoker if we know that the person chosen is a female?
In: Statistics and Probability
1.
Sellers will share more burden of tax
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a. when supply is more inelastic relative to the demand. |
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b. when supply is more elastic relative to the demand. |
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c. when supply and demand both are equally elastic. |
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d. when supply and demand both are equally inelastic. |
2. if the government want to raise tax revenue then
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a. they should be imposing taxes on the products whose demand and supply are elastic. |
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b. they should be imposing taxes on the products whose demand and supply are inelastic. |
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c. they should be imposing taxes on the products whose demand and supply both are perfectly inelastic. |
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d. they should impose taxes on random basis. |
3. At equilibrium
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a. price ceiling will be binding but price floor will be non binding. |
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b. price floor will be binding but price ceiling will be non binding. |
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c. both price ceiling and price floor will will non binding. |
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d. both price floor and price ceiling will be binding. |
In: Economics
AMEX Corporation is an American Multinational company with operations in Kuwait. The Kuwait subsidiary company supplied the following Annual report to the parent company in USA. The current rate is 1USD = 0.309607 KWD, historical rate is 1 USD= 0.30897 and average rate is I USD= 0.31099 KWD.
|
..Assets |
Amount (KWD) |
Liabilities |
Amount (KWD) |
|
Cash |
1,000 |
Current Liabilities |
4,000 |
|
Short term Investment |
7,000 |
Capital |
10,000 |
|
Accounts receivables |
2,000 |
Borrowings |
6,000 |
|
Inventory |
3,000 |
Retained Earnings |
5,000 |
|
Plant and Machinery |
9,000 |
|
|
|
Computer |
3,000 |
||
|
Total |
25,000 |
Total |
25,000 |
You are required to
i. Determine the reporting currency using current rate method, current and non- current method and, monetary and non- monetary method.
ii) Calculate the Net Exposed Assets by using Current/Non-Current Method and Temporal Method?
please solve it carefully
thank you
In: Accounting
The police chief wants to know whether the city’s non-whites feel that the police are doing a good job. In comparison to whites’ evaluation, this information will tell the police whether they have a community relations problem in the non-white community. A survey reveals the data in the accompanying table.
|
Race |
|||
|
Attitude toward Police |
Nonwhite |
White |
Total |
|
Police do not do good job |
76 |
73 |
149 |
|
Police do good job |
74 |
223 |
297 |
|
Total |
150 |
296 |
446 |
a) What can you tell the police chief about the contingency table? Do the city’s non-whites feel the police are doing a good job?
b) Explain the various steps you must perform when conducting a Chi-square analysis?
c) Perform a chi-square analysis to test the relationship between race and attitude toward the police. Discuss and provide a substantive interpretation of your findings.
In: Statistics and Probability
1.) Using the information contain in Table 1, calculate the following:
a. Each group’s proportion of the total sample
b. Turnout by group
c. The proportion of votersin each group that supported Hillary Clinton
d. The proportion of votersin each group that supported Donald Trump
Table 1: Voting Behavior by Group in 2016 (Source: 2016 American National Election Survey)
|
Refused or Missing |
Did Not Vote |
Hillary Clinton (D) |
Donald Trump (R) |
Third Party |
Total |
|
|
1. White non-Hispanic |
420 |
614 |
804 |
1049 |
151 |
3038 |
|
2. Black non-Hispanic |
58 |
91 |
228 |
12 |
9 |
398 |
|
3. Hispanic/Latino |
81 |
153 |
149 |
53 |
14 |
450 |
|
4. All other groups (non-Hispanic) |
78 |
93 |
103 |
59 |
19 |
352 |
|
Total |
637 |
951 |
1284 |
1173 |
193 |
4238 |
In: Statistics and Probability
| The Tarzan Company began business on 1/1/2016 when they issued the following; | |||||||||||
| 1000 shares of 200 par 8% preferred stock for $200,000 | |||||||||||
| 100,000 shares of $3 par common stock for $500,000 | |||||||||||
| In 2016 Tarzan reported income of $85,000 | |||||||||||
| In 2017 Tarzan reported income of $40,000 | |||||||||||
| Tarzan did not pay any dividends in 2016 | |||||||||||
| In 2017 Tarzan paid a dividend of $68,000 | |||||||||||
| Part 1: If the preferred stock is non-cumulative non-participating how is the $68,000 dividend divided between common and preferred stockholders (total dollars not per share) | |||||||||||
| What is Tarzan's earnings per share for 2016? | |||||||||||
| What was Tarzan's earnings per share for 2017? | |||||||||||
| Part 2: If the preferred stock is cumulative non-participating, how is the $68,000 dividend divided between common and preferred stockholders (total dollars not per share) | |||||||||||
| What was Tarzan's earnings per share for 2016? | |||||||||||
| What was Tarzan's earnings per share for 2017? | |||||||||||
In: Accounting
Summer Tyme plc is considering a new three-year expansion project that requires an initial non-current asset investment of £3.9 million. The non-current asset actually is depreciated straight line to zero over the three years of the project. The project is estimated to generate £2,650,000 in annual sales, with costs of £835,000.Suppose the required return on the project is 13 per cent, the project requires an initial investment in net working capital of £300,000, the tax rate is 27 per cent and the non-current asset actually is depreciated straight-line to zero over the three years of the project. What is the project’s year 1 net cash flow? What is the project’s year 2 net cash flow? What is the project’s year 3 net cash flow? What is the project`s NPV?
( Should we consider net working capital in net cash flow year 3?
In: Finance
When managing the performance of an organization, the leadership is always balancing between the risks and rewards of using financial and non-financial information as well as internally and externally sourced information, in its performance report.
(a) Define and provide an example of each of the following:
i. financial information and non-financial information.
ii. internally and externally sourced information.
Word count should be a minimum 150 words, not exceeding 250 words.
(b) Elaborate on the benefits and issues of using the following information:
i. financial information versus non-financial information. (6.5 marks)
ii. internally sourced information versus externally sourced information. (6.5 marks)
For each set of information, there should be at least two advantages and two disadvantages provided (no tables allowed, your answers should have proper headers and paragraphs and word count should be a minimum 350 words, not exceeding 450 words. Marks will be awarded for format.
In: Accounting
On January 1, 2017, Bramble Company issued $ 1,820,000 face value, 7%, 10-year bonds at $ 1,953,954. This price resulted in a 6% effective-interest rate on the bonds. Bramble uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest on each January 1.
Prepare the journal entries to record the following transactions. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
| 1. | The issuance of the bonds on January 1, 2017. | |
| 2. | Accrual of interest and amortization of the premium on December 31, 2017. | |
| 3. | The payment of interest on January 1, 2018. | |
| 4. | Accrual of interest and amortization of the premium on December 31, 2018. |
|
No. |
Date |
Account Titles and Explanation |
Debit |
Credit |
|---|---|---|---|---|
|
1. |
Jan. 1, 2017 |
enter an account title to record the issuance of the bonds on January 1, 2017 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the issuance of the bonds on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the issuance of the bonds on January 1 , 2017 |
enter a debit amount |
enter a credit amount |
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|
2. |
Dec. 31, 2017 |
enter an account title to record accrual of interest and amortization of the premium on December 31, 2017 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record accrual of interest and amortization of the premium on december 31, 2017 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record accrual of interest and amortization of the premium on december 31, 2017 |
enter a debit amount |
enter a credit amount |
||
|
3. |
Jan. 1, 2018 |
enter an account title to record the payment of interest on January 1 ,2018 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the payment of interest on January 1 , 2018 |
enter a debit amount |
enter a credit amount |
||
|
4. |
Dec. 31, 2018 |
enter an account title to record accrual of interest and amortization of the premium on December 31,2018 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record accrual of interest and amortization of the premium on December 31, 2018 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record accrual of interest and amortization of the premium on December 31, 2018 |
enter a debit amount |
enter a credit amount |
eTextbook and Media
List of Accounts
Show the proper long-term liabilities balance sheet presentation for the liability for bonds payable at December 31, 2018. (Round answers to 0 decimal places, e.g. 125.)
|
BRAMBLE COMPANY |
||||
|---|---|---|---|---|
| select an opening subsection nameselect an opening subsection name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | ||||
| enter a balance sheet item |
$ enter a dollar amount |
|||
|
select between addition and deductionselect between addition and deduction AddLess: enter a balance sheet item |
enter a dollar amount |
$ enter a total of the two previous amounts |
||
eTextbook and Media
List of Accounts
Provide the answers to the following questions.
1. What amount of interest expense is reported for 2018?
(Round answer to 0 decimal places, e.g.
125.)
|
Interest expense to be reported |
$ enter Interest expense in dollars |
2. The bond interest expense reported in 2018 would
be select an optionselect an option greater
thanless thansame as the amount that would be reported if the
straight-line method of amortization were used.
In: Accounting
>cDNA
TTGCTCTTACTTCCGGTTCGCAGCGTACAGTTAAGAAGAGCAAGCACGATACGCCGCCAAGGTGGCCTCA GTCGACTAGCAATGCAGCTCGTGCCGCGAGAGATCGATAAACTGACCATCTCTAATCTGGGATTTCTGGC CCAGCGGAGATTGGCCCGGGGAGTGAGGTTGAATCATGCAGAAGCGACTGCGTTGATCGCATCCAATCTC CAAGAGCTTATTCGAGATGGCAACAATTCGGTGGCAGATCTCATGACGATCGGCAAGGAGATGCTTGGAC GTCGACATGTCCTACCCTCTGTCGTGGCCACCTTGAAACAAGTTCAAGTTGAAGGAACTTTTCCCACTGG GACGAACCTGATCACCGTGGTCAATCCCGTTTGTTCGGATGATGGCGACCTGGAGAAAGCCCTCTACGGA AGCTTTTTGCCTGTGCCGCCGAAAGAAACGTTCCCGGATCCTGATCCGGATGACTATCAGCCAGAGAAGA TGCCTGGCGCTGTGATACCCCTCAAAACGAGCAAGAAAATTGAGCTCAATGCCGGGAGAAATAGAATTAT GCTTAAAGTGACAAGTCGAGGAGACCGGCCCATTCAGGTTGGTTCACACTATCATTTTATAGAGGTGAAT CCACAATTGGACTTCGACCGTGCGAAGGCGTACGGATATCGCCTTGACATCCCAGCTGGGACGTCTATCC GCTTTGAACCCGGTGCTACCAAGGCAATCCCGCTCGTCGAAATTGGCGGCAAGAGAATCATTCGAGGGGG CAACCACATCGCCGTTGGGCAGGTGGATTTCCGAAGAGTTGATGAAATCATCATGCGTCTGCAAAAAGCT GGATTTGCGTATACTCCGGAGCCTAAACAGGATGCTCATTTGATCGAGCCATTTTCAATGACGCGGGAAG CATATGCTCGCATGTTTGGTCCTACCACTGGAGATGTAGTCAAGCTAGGAACCACAGATTTGTGGATTAA AGTCGAAAAGGACCTGACCTACTACGGTGACGAATGTTCATTCGGTGGTGGCAAGACCATAAGAGACGGG ATGGGGCAAGCTACAGGAAGGCATTCCGTGGATGTCCTGGATACAGTCCTGGTGAACGCGCTAATTGTCG ATTGGACGGGTATTTACAAGGCTGATATTGGACTAAAAGATGGAATGATCTGCGGAATCGGCAAAGCTGG AAACCCAGACGTGATGGATGGTGTCACCCCCAATATGATAGTTGGCTCTTCGACAGATGTTATCGCATGT GAAGGAAAAATTGTCACTGCAGGAGGAATTGACACACACGTCCATTTTATATGCCCACAGCAGGTCGAGG AAGCCCTCGCCTCCGGAGTCACGACTCTTCTCGGTGGCGGCACCGGTCCAACTGAGGGAACAAATGCGAC TACATGCACACCGGCTCCAAATCAATTCAAGACGATGATGCAGGCTTGTGATCATCTTCCAATAAACGTT GGCCTTACAGGCAAAGGTAATGACAGCGGTCTTCCATCTCTGAGGGATCAATGCCGTGCAGGAGCCGCCG GCTTGAAGGTGCATGAAGATTGGGGTGCAACGCCGGCTGTCATTGATACATGCCTCCAGGTCTGCGACGA GTTCGATATTCAATGTCTCATCCATACCGACACCCTGAACGAATCTGGCTTCGTTGAACAGACCGTCAAT GCCTTTAAAAATCGAGTGATTCATACGTACCACACTGAGGGTGCTGGAGGAGGCCACGCTCCAGATATCA TATCCGTCGTCGAGAAGCCAAACGTCCTGCCCAGCAGTACGAATCCCACTCGTCCGTATACGGTAAATAC TTTAGATGAACATCTGGACATGGTAATGGTCTGCCATCATTTGTCCAAAGATATTCCTGAAGACGTGGCT TTTGCGGAAAGCCGGATCCGATCCGAGACAATTGCTGCAGAAGACGTTCTTCATGACACGGGAGCCATCA GCATGCTATCCTCGGACTCTCAAGCTATGGGACGCTGTGGAGAAGTTGTTGTCCGGACATGGAACACTGC ACATAAGAATAAAATGGAACGAGGGCGACTCAAGGAGGATGAAGGGACGGATTCTGATAATTTTAGGGTT AAACGGTATATCAGCAAGTACACCATCAACCCTGCCATTGCACAGGGGATGGCCTACACTATTGGGAGCG TGGAAGTTGGCAAGACCGCTGATTTGGTTCTGTGGAAATTCGCCAACTTTGGGACTAAACCGAGTATGGT CTTGAAGTCTGGAATGGCTGTCTCAGCGCAGATGGGTGATCCCAATGGCTCTATCCCCACAATCGAGCCT ATTATTATGAGGCCTATGTACGCTAGTCTTAACCCTAAAGCCTCAATCATGTTCGTATCCCAAGCATCCA TCAAGCTTGGTATCATCGACAGTTACCACCTGAAGAAGCGGATCGAGCCAGTGAAGAATTGTCGGAATAT AAGCAAGAGAGATATGAAATTTAATGATATTATGCCCAAAATGAGAGTCGATCCGGAGAGCTATGTTGTC GAGGCTGACGGGGAAGAGTGTACCGCTGAGCCAGTGTCAGAGTTGCCTTTAACACAAGACTATTTCGTTT ACTGAAAATTGGTGGAGACCATAGAACGTCTCCACAGATTAGTCGTGGAAAAGTAATGCTCATGGCGATA GTATCCTTCTGTACCTCTTTTGATGAATATTAGTACATTTTATTGCATATCTATTCCTTTGGTCCTGTGC GTCTCCACGTGAGCATCCCTTTTTGCTAATCCCCAACGCCCTACAGAGATGGACCATTGACTTATCTGAA ATTCTAAATTCGCAATAAGCTCTCCCAGAAAAACAGTAAGATCACGCGCCCGGAACTCCTTGCTCCCAAA AAAAAAAAGGAATACAACTATTTAAAGCTCTTCATCCATCACAGTATGGTTATTGCCTGCCGAAATGAGC GAGTAGAGAGTCGACCACGTCTCGTGCTTGGCCGCACGATACGCAGAGATCCTTGAATGCATACGTCTTA GCATGGACGCCTTGCGGTCCTGACAACTAGGTGGGAGGGTTGTGGCTTGGGCCGGAT
In: Biology