The following table shows age distribution and location of a random sample of 166 buffalo in a national park. Age Lamar District Nez Perce District Firehole District Row Total Calf 16 13 12 41 Yearling 12 10 11 33 Adult 37 25 30 92 Column Total 65 48 53 166 Use a chi-square test to determine if age distribution and location are independent at the 0.05 level of significance. (a) What is the level of significance? 0.05 State the null and alternate hypotheses. H0: Age distribution and location are not independent. H1: Age distribution and location are not independent. H0: Age distribution and location are not independent. H1: Age distribution and location are independent. H0: Age distribution and location are independent. H1: Age distribution and location are independent. H0: Age distribution and location are independent. H1: Age distribution and location are not independent. (b) Find the value of the chi-square statistic for the sample. (Round the expected frequencies to at least three decimal places. Round the test statistic to three decimal places.) Are all the expected frequencies greater than 5? Yes No What sampling distribution will you use? binomial normal Student's t uniform chi-square What are the degrees of freedom? (c) Find or estimate the P-value of the sample test statistic. (Round your answer to three decimal places.) p-value > 0.100 0.050 < p-value < 0.100 0.025 < p-value < 0.050 0.010 < p-value < 0.025 0.005 < p-value < 0.010 p-value < 0.005 (d) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis of independence? Since the P-value > α, we fail to reject the null hypothesis. Since the P-value > α, we reject the null hypothesis. Since the P-value ≤ α, we reject the null hypothesis. Since the P-value ≤ α, we fail to reject the null hypothesis. (e) Interpret your conclusion in the context of the application. At the 5% level of significance, there is sufficient evidence to conclude that age distribution and location are not independent. At the 5% level of significance, there is insufficient evidence to conclude that age distribution and location are not independent.

Scenario/Summary

A confidence interval is a defined range of values such that there is a specified probability that the value of a parameter lies within the interval.

In Part I of this project, you will pick a topic, complete research and provide a write-up that includes calculations. Round all values to two decimalplaces when appropriate.

Deliverables

1. Choose a Topic where you can gather at least 50 pieces of data.

Examples of Topics

1. The Golden Gate Warriors Points Per Game in 2016 (use the points scored in the first 50 games).
2. High School Graduation Rates by State (use the graduation rates for all 50 states)
3. Average Tuition Rates in the US (You have to find the tuition rates of 50 college/universities).
4. The prices of a hotel room per night in a major city (You have to find the price of the same night of hotels in one city).
5. Weights of 50 babies at birth.

2. Write at least a 1-Page Report

Open a Word Document

1. Introduction--Provide a description of your topic and cite where you found your data.
2. Sample Data—Include a 5x10 table including your 50 values in your report. You must provide ALL of your sample data.
3. Problem Computations—For the topic you chose, you must answer the following:

• Determine the mean and standard deviation of your sample.
• Find the 80%, 95%, and 99% confidence intervals.
• Make sure to list the margin of error for the 80%, 95%, and 99% confidence interval.
• Create your own confidence interval (you cannot use 80%, 95%, and 99%) and make sure to show your work. Make sure to list the margin of error.

4. Problem Analysis—Write a half-page reflection.

• What trend do you see takes place to the confidence interval as the confidence level rises? Explain mathematically why that takes place.
• Provide a sentence for each confidence interval created in part c) which explains what the confidence interval means in context of topic of your project.
• Explain how Part I of the project has helped you understand confidence intervals better?
• How did this project help you understand statistics better?

Section 17(1)(c) of the Ordinance prohibits deducting expenditure of a capital nature in ascertaining assessable profits for profits tax purposes. In so far as principles in deciding capital expenditure are concerned, the most frequently cited authority is the UK case of British Insulated and Helsby Cables v Atherton in which Lord Cave stated:

But when an expenditure is made, not only once and for all but with a view to bringing into existence an asset or an advantage for the enduring benefit of a trade, I think that is very good reason (in the absence of special circumstances leading to an opposite conclusion) for treating such expenditure as properly attributable, not to revenue, but to capital.

Below are cases where the companies involved suffered losses or incurred certain expenditure:

i      Company A placed the sales proceeds it received from a local customer into a short-term deposit account it maintained with a bank in Hong Kong. The account was in Euros. However, owing to fluctuation in the exchange rate, it suffered an exchange loss when converting the deposit back to Hong Kong dollars.

ii     Company B is operating a car park business. It succeeded in bidding for a five-year lease for a piece of vacant land in the New Territories. The company’s intention was to use the land as a parking lot for container trucks. However, the company later abandoned its plan and the deposit paid to the land owner was forfeited.

iii    Company C is an international medicine manufacturer. One of its chief researchers retired and the company paid him a substantial sum of money for entering into a covenant whereby he agreed not to be involved in any activities which might compete directly or indirectly with the company’s business.

iv    A dye manufacturing business, Company D, paid a fee to an engineering company for installing a dye mixing plant in its factory.

v     Company E is a garment manufacturer. For the purpose of business expansion, it moved into a bigger factory and incurred expenses in dismantling, transporting, and re-erecting of machinery.

vi    Company F, a trading company in Hong Kong, pays a big sum of money to a foreign company for a registered trademark. Company F intends to market the trademark-related products in Singapore and Hong Kong.

Required

Evaluate whether the loss suffered or expenditure incurred by each of the above companies is or is not deductible for profits tax purposes.

20. A weakness of many struggling retailers this year may be due to the cost of operating too many branch stores with their high overhead - on top of the pandemic.

True or False

21. Warby Parker is a socially conscious accessories and apparel company that has built a global movement connecting customers to social change.

True or False

22. Demographics include population or consumer statistics regarding socioeconomic factors such as age, income, gender, occupation, education, family size, etc.

True or False

23. The three basic service levels in brick-n-mortar retailers are self-service, self selection and phone service.

True or  False

25. Product depth is the variety within each assortment category, with a  deep assortment having  many sizes or color offerings while a shallow assortment  has few size or color offerings.

True or false

26. A commissary store is a retailer that serves the environment in which it is housed, such as a hair/nail salon  or gift shop in a hotel lobby.

True or false

27. A big box retail location is a mixed-use property where one building can house retail/ restaurants/gyms/offices/ services on lower levels, and apartments/condos above on upper floors.

True or false

30. Shop! Retail Environments is an example of a trade periodical while  Inc. Magazine is an example of a consumer periodical.

True or false

31. A broad assortment contains  many styles of a product category , while a narrow assortment contains few styles.

True or false

32. A liquid asset is a reference to cash on hand or an asset that can be readily converted to cash; a non-liquid asset is not readily converted to cash – i.e., property, as there is no guarantee it will sell within a certain time period.

True or false

33. The three major levels of retail competition are Product Field, Subfield and Assets/Liabilities.

True or false

34. Referring to Ilse Metchek's guest presentation, The California Fashion Association (CFA) is the Business-to-Business (B2B) forum for California's Apparel and Textile Industries.

True or false

35. Consumers being shown the breakdown of the retail price of the products they buy - what the labor, materials, duties and transport as well as the store's profit - is known as retail vision.

True or false

Case Study:
Yasmin is a 12-month-old female who was brought to the Emergency Department by her aunt. Yasmin’s aunt anxiously reports that the child has been having diarrhea for the past two days and “is not her usual self”. She adds that the child is fussy, lethargic, not feeding well and when she attempted to give Yasmin acetaminophenshe spit it out. Yasmin’s aunt reports that her parents are out of town, but that she does have the phone number of the hotel in which they are staying.
Assessment:
Weight: 11 kg
Vital Signs:
Heart Rate: 115
Blood pressure: 85/50
Respiratory rate: 30 per minute, deep and rapid breathing
Oxygen saturation: 95% on room air
Temperature: 39.0 degrees Celsius
General Appearance: Appears stated age. Height and weight proportional
Cardiovascular: Sinus tachycardia
Respiratory: Clear breath sounds
Gastrointestinal: Hypoactive bowel sounds, is refusing fluids
Urinary: Has not voided in 8 hours
Integumentary: Skin warm and dry to touch. Dry lips. Eyes appear sunken. No tears. Poor skin turgor
Neurological: Awake, but lethargic and irritable. Pupils equal, round and reactive to light, weak movements present in all four limbs

1.   Identify three communication techniques that could be utilized to support and help build a therapeutic relationship with Yasmin and her aunt.
2.   Discuss three safety concerns related to Yasmin’s developmental stage and hospital admission.
3.   Describe and give rationale explaining what findings in Yasmin’s assessment are of concern.
4.   Identify two early and two late signs and symptoms of dehydration in pediatric patients.
5.   Differentiate between mild, moderate and severe dehydration in the pediatric patient.
6.   Outline four priority nursing actions while caring for Yasmin.
7.   Explain how diarrhea causes electrolyte imbalances and dehydration.
8.   Describe 3 common methods of treatment for dehydration and diarrhea in young children.
9.   Describe what actions should be taken to administer an antipyretic to Yasmin considering she is spitting up the medication.
10.   Identify 3 assessment findings that indicate improvement in the dehydrated child.

Joan Frazier was just hired as an employee by SJR Restaurants, Inc., a Delaware Corporation domiciled in Colorado. Ms. Frazier maintains a residence in Orange County, California, so her children may attend the schools of her choice and so that her husband may be employed there as a leading plastic surgeon.

SJR has just opened three (3) restaurants in Utah, Nevada, and Idaho. SJR requires Ms. Frazier set up the general ledger accounting system at each restaurant. SJR estimates it will take Ms. Frazier 14 months of continuous, full time work (40 hours per week, 4 weeks per month) to set up the systems. SJR requires Ms. Frazier to rotate her time. That is, to spend time at each restaurant at least once a calendar quarter. Each restaurant has an office for the accounting function, although the offices are so small that Ms. Frazier does a majority of her work from hotel rooms near the restaurants.

Ms. Frazier reports back electronically to SJR. Ms. Frazier is never required to go to Colorado. SJR does not reimburse Ms. Frazier for her lodging, travel, or meal expenses.

May Ms. Frazier deduct lodging, travel, and meal expenses?

Note 1: Ignore limitations and phase outs and cut backs and whether the putative deductions might be above the line or below the line. Ignore Alternative Minimum Tax.

Note 2: This is your chance to show the research skills you've learned. You must cite the relevant code section(s), and at least three Supreme Court cases.

The appropriate format for tax briefings is as follows. Also include your name and the date for this class.

Subject

Facts

Taxpayer yada yada yada. Note: This should not be more than one paragraph.

Issue

May taxpayer deduct yada yada yada? Note: This is usually one sentence.

Conclusion

In this situation, yada yada yada. Note: This is usually three sentences or less.

Analysis

Code section xx(a) contains.......It states...... Reg. sec. clarifies......   Rev. Ruling...... Court case XXXX vs. XXX holds that......

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John recently graduated from the three-year accounting program at George Brown College. During his co-op term he worked for a small audit firm and decided to make that his career. After graduation, he was hired by Rowlands Marcellin and Khan, LLP, a national audit firm.

On starting, John spent the first day meeting the staff and partners in his office. His staff manager took John to lunch for a casual conversation. During the lunch they talked about a lot of subjects, none of which were related to auditing. After lunch, John began his training and trained the entire first week.

The second week, John went with two other staff to audit a radio station in Kingston, east of Toronto. The team stayed in a hotel for three nights and ate in restaurants. During the meals, John was eager to ask questions about the audit, but the other team members said that they did not want to talk about work. After the meal, though, both team members told John to ask anything he would like to help him understand the client better.

John completed the sections testing controls over purchases, payables, and cash disbursements. He also did work on sales and revenue. As he completed each section, his work was carefully reviewed by the Senior Associate, who had one year of experience. John was unhappy that he made so many careless mistakes, but the senior said that it was normal for a person’s first audit. His work was also reviewed by the Manager who found no additional corrections. The Manager was interested in finding out what John had learned about auditing and how it was different from his classes. John replied that the work was not as hard as he thought, but that it was much more precise. The manager told John that that had been her experience as well.

The next day, the team returned to Toronto. John’s next assignment would for a company that imported chemicals from China. John spent the rest of the week reading trade journals about chemical importing.

Required
Briefly discuss two elements of quality control in this case.

Question 2 John recently graduated from the three-year accounting program at George Brown College. During his co-op term he worked for a small audit firm and decided to make that his career. After graduation, he was hired by Rowlands Marcellin and Khan, LLP, a national audit firm. On starting, John spent the first day meeting the staff and partners in his office. His staff manager took John to lunch for a casual conversation. During the lunch they talked about a lot of subjects, none of which were related to auditing. After lunch, John began his training and trained the entire first week. The second week, John went with two other staff to audit a radio station in Kingston, east of Toronto. The team stayed in a hotel for three nights and ate in restaurants. During the meals, John was eager to ask questions about the audit, but the other team members said that they did not want to talk about work. After the meal, though, both team members told John to ask anything he would like to help him understand the client better. John completed the sections testing controls over purchases, payables, and cash disbursements. He also did work on sales and revenue. As he completed each section, his work was carefully reviewed by the Senior Associate, who had one year of experience. John was unhappy that he made so many careless mistakes, but the senior said that it was normal for a person’s first audit. His work was also reviewed by the Manager who found no additional corrections. The Manager was interested in finding out what John had learned about auditing and how it was different from his classes. John replied that the work was not as hard as he thought, but that it was much more precise. The manager told John that that had been her experience as well. The next day, the team returned to Toronto. John’s next assignment would for a company that imported chemicals from China. John spent the rest of the week reading trade journals about chemical importing. Required Briefly discuss two elements of quality control in this case.

John recently graduated from the three-year accounting program at George Brown College. During his co-op term he worked for a small audit firm and decided to make that his career. After graduation, he was hired by Rowlands Marcellin and Khan, LLP, a national audit firm.

On starting, John spent the first day meeting the staff and partners in his office. His staff manager took John to lunch for a casual conversation. During the lunch they talked about a lot of subjects, none of which were related to auditing. After lunch, John began his training and trained the entire first week.

The second week, John went with two other staff to audit a radio station in Kingston, east of Toronto. The team stayed in a hotel for three nights and ate in restaurants. During the meals, John was eager to ask questions about the audit, but the other team members said that they did not want to talk about work. After the meal, though, both team members told John to ask anything he would like to help him understand the client better.

John completed the sections testing controls over purchases, payables, and cash disbursements. He also did work on sales and revenue. As he completed each section, his work was carefully reviewed by the Senior Associate, who had one year of experience. John was unhappy that he made so many careless mistakes, but the senior said that it was normal for a person’s first audit. His work was also reviewed by the Manager who found no additional corrections. The Manager was interested in finding out what John had learned about auditing and how it was different from his classes. John replied that the work was not as hard as he thought, but that it was much more precise. The manager told John that that had been her experience as well.

The next day, the team returned to Toronto. John’s next assignment would for a company that imported chemicals from China. John spent the rest of the week reading trade journals about chemical importing.

Required
Briefly discuss two elements of quality control in this case.

Emily Lee grew up in Vancouver and loves to be a tourist in her own city. In order to make money to pay for university, she opened a walking tour company, Very Vancouver. The following are transactions for the month of May 2017, the first month of operations.

May 2 Emily moved $9,550 from her personal bank account to a business bank account at TD Bank. She also invested a laptop worth $1,332 into the business.
May 3 Purchased supplies, including a microphone, and brochures for $855 cash.
May 4 Purchased a printer for $324 on account.
May 5 Purchased a one-year insurance policy for $2,160 cash.
May 6 Emily withdrew $214 for a Mother’s Day gift.
May 8 Interviewed and hired one employee to assist with leading tours.
May 10 Emily launched a social media campaign of Very Vancouver on Facebook. As a result, she received $2,125 of cash for future tour bookings.
May 15 Led three tours of Stanley Park and received $1,020 cash.
May 25 Led four tours of Granville Island, for $1,170. The customers on this tour had prepaid on May 10.

The following information is known at May 31, 2017.
• The laptop has an estimated life of three years.
• The printer has an estimated life of three years.
• There are $285 of supplies that are not used.
• A portion of the insurance policy has expired.
• Wages of $625 were unpaid and unrecorded.

Required
1-a. Prepare journal entries for the May transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
1-b. Prepare the adjusting entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1-c. Prepare the closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
2. Post the above journal entries to the T-accounts.

3. Prepare a post-closing trial balance.

4. Prepare an income statement and statement of changes in equity for the year ended May 31, 2017.
5. Prepare a classified balance sheet at May 31, 2017. (Be sure to list the assets and liabilities in order of their liquidity.)