Questions
Discuss in detail the motivators and determinants for customers of Ragdale Hall

Discuss in detail the motivators and determinants for customers of Ragdale Hall

In: Economics

How many days' sales are in Amicable's accounts receivable?

Amicable Wireless, Inc. offers credit terms of 2/10, net 30 for its customers. Sixty percent of Amicable's customers take the 2% discount and pay on day 10. The remainder of Amicable's customers pay on day 30. How many days' sales are in Amicable's accounts receivable?

In: Accounting

The goal of customer relationship management is to: manage every customer relationship differently.

The goal of customer relationship management is to: manage every customer relationship differently. manage every customer relationship to maximize short-term profitability. eliminate customers who are profitable, but not highly profitable. identify and build loyalty among a firm's most valued customers. generate relationships with competitor's customers.


In: Operations Management

Interpreting the Accounts Receivable Footnote Hewlett-Packard Company reports the following in its 2015 10-K report. October...

Interpreting the Accounts Receivable Footnote
Hewlett-Packard Company reports the following in its 2015 10-K report.

October 31
(in millions)
2015
2014
Accounts receivable $13,363 $13,832


Footnotes to the company's 10-K provide the following additional information relating to its allowance for doubtful accounts.

For the fiscal years ended October 31
(in millions)
2015
2014
2013
Allowance for doubtful accounts-accounts receivable
Balance, beginning of period $232 $332 $464
Provision for doubtful accounts 46 25 23
Deductions, net of recoveries (89) (125) (155)
Balance, end of period $189 $232 $332


(a) What is the gross amount of accounts receivables for Hewlett-Packard in fiscal 2015 and 2014?

($ millions) 2015 2014
Gross accounts receivable Answer Answer


(b)What is the percentage of the allowance for doubtful accounts to gross accounts receivable for 2015 and 2014? (Round your answers to two decimal places.)

($ millions) 2015 2014
Percentage of uncollectible accounts to gross accounts receivable(d)Compute Hewlett-Packard's write-offs as a percentage of the allowance account at the beginning of the year.
(Round your answers to two decimal places)
2015 write-offs as a percentage of beginning of year allowance: Answer %
2014 write-offs as a percentage of beginning of year allowance: Answer

%

2. Revenue Recognition: We generally recognize sales, net of estimated returns, at the time the member takes possession of merchandise or receives services. When we collect payment from customers prior to the transfer of ownership of merchandise or the performance of services, the amount recieved is generally recorded as deferred revenue on the consolidated balance sheets until the sales or service is completed. Membership fee revenue represents annual membership fees paid by our memberships. We account for membership fee revenue, net of estimated refunds, on a deferred basis, whereby revenue is recognized ratably over the one-year membership period.

Revenue
($ millions)		 August 28, 2016 August 30, 2015 August 31, 2014
Net Sales $116,073 $113,666 $110,212
Membership fees 2,646 2,533 2,428
Total revenue $118,719 $116,199 $112,640
Current Liabilities ($ millions) August 28, 2016 August 30, 2015
Accounts payable $7,612 $9,011
Current portion of long-term debt 1,100 1,283
Accrued salaries and benefits 2,629 2,468
Accured member rewards 869 813
Deferred membership fees 1,362 1,269
Other current liabilities 2,003 1,695
Total current liabilities $15,575 $16,539

(b) Use the balance sheet information on Costco's Deferred Membership Fees liability account and its income statement revenues related to Membership Fees earned during 2016 to compute the cash that Costco received during 2016 for membership fees.

Total cash received (in $ millions) = $Answer

Balance Sheet

Transaction ($ millions)

 Cash Asset + Noncash Assets = Liabilities + Contributed Capital + Earned Capital
Receive cash in advance for membership fees Answer Answer Answer Answer Answer
Answer % Answer %

In: Accounting

Q1. Which of the following statements is true? [1 mark] Alpha Co owes its employees $5,000...

Q1. Which of the following statements is true? [1 mark]

  1. Alpha Co owes its employees $5,000 at the year-end on Dec 31, 2014. Payment of the employees’ wages on Jan 3, 2015 will include a debit to wages expense, and credits to wages payable and cash.

  1. Beta Co. purchased $5,000 worth of supplies in August and recorded the purchase in the Supplies account. On Dec 31, the fiscal year-end, $3,200 of the supplies remained. The Dec 31, year-end adjusting entry would include a debit of $2,800 to Supplies.

  1. On June 30, Gamma Co. received $15,000 cash as a down payment on a 12-month consulting contract. Gamma recorded cash and recognized an appropriate liability. At year end on Dec 31, Gamma will debit consulting revenue for $7,500.

  1. On Sept 1, Delta Co. paid $9,000 for a six-month insurance policy, debiting prepaid insurance. After making the appropriate adjusting entry on Dec 31, the prepaid insurance account would have a balance of $6,000.

  1. On August 31, 2014, a company signed a $10,000 12 month, note payable bearing 6% interest pa. The company’s Dec 31, year-end adjusting entry should include a credit of $200 to interest payable.

Q2. Which of the following statements is true? [1 mark]

  1. The 4 steps in closing are, close; (1) credit balances in revenue accounts to Income Summary; (2) credit balances in expense accounts to Income Summary; (3) Income Summary to Owner's Capital; (4) Withdrawals to Owner's Capital.

B.     Closing entries are designed to transfer the end-of-period balances in the revenue accounts, the expense accounts, and the withdrawals account to owner's capital.  

C.     Closing entries are required at the end of each accounting period to close all ledger accounts.

D.     Asset, liability, and revenue accounts are not closed while a company continues in business.

E.     The income summary account is used during the adjusting process to hold revenue, expenses, and withdrawals, before the net difference is added to or subtracted from the owner’s capital.

Q3. Which of the following statements is false? [1 mark]

  1. The cash basis of accounting recognizes revenues when cash is received from customers.
  2. The accrual basis of accounting recognizes expenses when they are incurred.
  3. The cash basis of accounting requires adjustments to match expenses with revenues.
  4. The accrual basis of accounting recognizes revenue when it is earned.
  5. The cash basis of accounting recognizes expenses when cash is paid.

Q4. Which of the following is true? [1 mark]

  1. When total debits equal the total credits in a trial balance it guarantees no errors were made.
  2. Matching principle requires expenses to be recorded in the same accounting period as they are incurred.
  3. Closing entries are necessary so that owner's capital will begin each period with a zero balance.
  4. The last 4 steps in the accounting cycle include analyzing, journalizing, posting, and preparing a trial balance.
  5. Temporary accounts accumulate financial data related to one period. Temporary accounts include revenue, expenses, accumulated depreciation, and withdrawals.

In: Accounting

The following scenario is to be used to complete Case Study 2 – Regression Analysis. Please...

The following scenario is to be used to complete Case Study 2 – Regression Analysis. Please create your output in Excel, Copy it to Microsoft Word and answer the questions below. Everything should be in one word file. Please copy and paste the excel output created as the last page of the assignment, after the answers to the questions.

The owner of Showtime Movie Theaters, Inc., would like to estimate weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follows.

Weekly

Gross Revenue

($1000s)

Television Advertising

($1000s)

Newspaper

Advertising

($1000)

96

5.0

1.5

90

2.0

2.0

95

4.0

1.5

92

2.5

2.5

95

3.0

3.3

94

3.5

2.3

94

2.5

4.2

94

3.0

2.5

How many independent variables are there?

3 independent variables

List and label each independent variable (x?, x?, etc.)

X1 = Weekly gross revenue

X2= Television Advertising

X3= Newspaper advertising

Develop a simple linear regression equation using ONLY the amount of television as the independent variable. (Include this output)

Develop a simple linear regression equation using ONLY the newspaper advertising as the independent variable. (Include this output)

Develop a multiple regression equation using the amount of television and newspaper advertising as the independent variables. (Include this output)

Answer the following questions based on the multiple regression output ONLY!!

What is the proportion of variation in Weekly Gross Revenue due to television advertising and newspaper advertising?

What is the strength of the linear relationship between the amount of television, newspaper advertising and weekly gross revenue?

List the SSR, SSE, SST, MSR, MSE.

Give the value of F.

What is the p value for this regression model? P = (two decimal places)

Is this model useful? If so, why and if not, why not. If the model is useful, proceed to question 12.

If the model is useful, estimate the weekly gross revenue for a week when $3500 is spent on television advertising and $1800 is spent on newspaper advertising?

Are each of the variables good for the model? List their p values and explain your answer.

Need assistance on answering please

In: Statistics and Probability

3. Relationship between tax revenues, deadweight loss, and demandelasticity The government is considering levying a tax...

3. Relationship between tax revenues, deadweight loss, and demandelasticity

The government is considering levying a tax of $100 per unit on suppliers of either leather jackets or smartphones. The supply curve for each of these two goods is identical, as you can see on each of the following graphs. The demand for leather jackets is shown by DLDL (on the first graph), and the demand for smartphones is shown by DSDS (on the second graph).

Suppose the government taxes leather jackets. The following graph shows the annual supply and demand for this good. It also shows the supply curve (S+TaxS+Tax) shifted up by the amount of the proposed tax ($100 per jacket).

On the following graph, use the green rectangle (triangle symbols) to shade the area that represents tax revenue for leather jackets. Then use the black triangle (plus symbols) to shade the area that represents the deadweight loss associated with the tax.

Leather Jackets MarketTax RevenueDeadweight Loss050100150200250300350400450500550600240220200180160140120100806040200PRICE (Dollars per jacket)QUANTITY (Jackets)DLSupplyS+Tax

Instead, suppose the government taxes smartphones. The following graph shows the annual supply and demand for this good, as well as the supply curve shifted up by the amount of the proposed tax ($100 per phone).

On the following graph, do for smartphones the same thing you did previously on the graph for leather jackets. Use the green rectangle (triangle symbols) to shade the area that represents tax revenue for smartphones. Then, use the black triangle (plus symbols) to shade the area that represents the deadweight loss associated with the tax.

Smartphones MarketTax RevenueDeadweight Loss050100150200250300350400450500550600240220200180160140120100806040200PRICE (Dollars per phone)QUANTITY (Phones)DSSupplyS+Tax

Complete the following table with the tax revenue collected and deadweight loss caused by each of the tax proposals.

If the Government Taxes...

Tax Revenue

Deadweight Loss

(Dollars)

(Dollars)
Leather jackets at $100 per jacket
Smartphones at $100 per phone

Suppose the government wants to tax the good that will generate more tax revenue at a lower welfare cost. In this case, it should tax   because, all else held constant, taxing a good with a relatively   elastic demand generates larger tax revenue and smaller deadweight loss.

In: Economics

1. Convert the following code shown below to C++ code: public class HighwayBillboard { public int...

1. Convert the following code shown below to C++ code:

public class HighwayBillboard {
public int maxRevenue(int[] billboard, int[] revenue, int distance, int milesRes) {
int[] MR = new int[distance + 1];
//Next billboard which can be used will start from index 0 in billboard[]
int nextBillBoard = 0;
//example if milesRes = 5 miles then any 2 bill boards has to be more than
//5 miles away so actually we can put at 6th mile so we can add one mile milesRes
milesRes = milesRes + 1; // actual minimum distance can be between 2 billboards
MR[0] = 0;
for (int i = 1; i <= distance; i++) {
//check if all the billboards are not already placed
if(nextBillBoard < billboard.length){
//check if we have billboard for that particular mile
//if not then copy the optimal solution from i-1th mile
if (billboard[nextBillBoard] != i) {
//we do not have billboard for this particular mile
MR[i] = MR[i - 1];
} else {
//we do have billboard for this particular mile
//now we have 2 options, either place the billboard or ignore it
//we will choose the optimal solution
if(i>=milesRes){
MR[i] = Math.max(MR[i - milesRes] + revenue[nextBillBoard], MR[i - 1]);
}else{
//there are no billboard placed prior to ith mile
//we will just place the billboard
MR[i] = revenue[nextBillBoard];
}
nextBillBoard++;
}
}else{
//All the billboards are already placed
//for rest of the distance copy the previous optimal solution
MR[i] = MR[i - 1];
}
}
//System.out.println(Arrays.toString(MR));
return MR[distance];
}
public static void main(String[] args) {
int[] x = {6, 7, 12, 13, 14};
int[] revenue = {5, 6, 5, 3, 1};
int distance = 20;
int milesRestriction = 5;
HighwayBillboard h = new HighwayBillboard();
int result = h.maxRevenue(x, revenue, distance, milesRestriction);
System.out.println("Maximum revenue can be generated :" + result);
}
}

In: Computer Science

A psychologist conducted an experiment analysing the relationship between student scores in an exam and the...

A psychologist conducted an experiment analysing the relationship between student scores in an exam and the amount of attention they paid in class. The latter was measured using a type of brain monitor. The Psychologist believed that scores would increase by 1 for every two unit increase in attention. The data are listed in the excel spreadsheet.

Estimate a linear regression between the score (Y) and the measure of attention(X).

(a) Write out the equation for Y in the form , but with coefficients. Show the estimated standard errors in parenthesis below the coefficients. What is the R2 of the regression? Calculate a 99 percent confidence interval for β.                                                               [5 pts]

(b) What are the mean and the estimated standard deviation of the estimated residuals? [2 pts]

Hint: the first answer is definitional and the second answer is easily seen from the output.

(c )Test the hypothesis that there is no relationship between the variables at the 90 percent significance level.                                                                                                    [3 pts]

(d) Test the hypothesis that the coefficient β=0.5 at the 99% significance level.               [3 pts]

(e) The Psychologist concluded from the experiment that test scores increase significantly if students pay attention in class. In one word, how would you describe the results of this experiment based on the data you have?                                                                                                       [2 pts]

DATA:

Regression data for Psychology Experiment
Attention Score
18 80
35 90
86 80
22 50
72 76
102 74
86 75
30 80
35 85
94 82
16 80
42 41
50 50
96 96
60 80
106 70
80 65
14 14
11 14
80 85
12 14
37 43
26 80
86 70
5 20
17 20
35 80
76 68
50 70
15 16
90 86
96 80
7 16
10 14
35 65
88 88
20 32
22 70
50 65
22 62
35 50
64 92
68 84
13 15
102 102
86 85
18 24
78 64
98 78
70 80
60 70
98 98
9 14
50 90
104 72
35 45
60 60
74 72
88 88
80 95
22 58
8 14
86 110
60 75
92 84
60 100
80 75
86 95
16 18
86 90
35 75
35 60
80 60
80 70
104 104
80 100
60 90
86 100
62 96
60 65
39 41
50 80
50 75
6 18
60 95
22 54
21 40
100 100
94 94
80 90
48 41
106 106
50 43
46 41
90 90
60 85
92 92
22 80
35 70
66 88
80 60
50 60
80 80
100 76
50 45
86 65
19 28
50 85
22 75
86 105

In: Statistics and Probability

A 0.500 g sample containing Ag2O and inert material is heated, causing the silver oxide to...

A 0.500 g sample containing Ag2O and inert material is heated, causing the silver oxide to decompose according to the following equation:

2 Ag2O(s) → 4 Ag(s) + O2(g)

If 13.8 mL of gas are collected over water at 27°C and 1.00 atm external pressure, what is the percentage of silver oxide in the sample? The partial pressure of water is 26.7 mm Hg at 27°C.

a.) 25.1%

b.) 51.9%

c.)12.5%

d.) 50.1%

In: Chemistry