Questions
Jannsen Limited is contemplating investing in solar panels to reduce its need to purchase electricity from its local hydro company.

Jannsen Limited is contemplating investing in solar panels to reduce its need to purchase electricity from its local hydro company. The panels are estimated to cost $2,000,000 and will have a 15-year useful life with no salvage value. The electricity cost savings are expected to be about $200,000 per year. Management expects there will be some intangible benefits arising from purchasing the solar panels such as increased goodwill among its younger customers who are, on average, environmentally conscious. This could lead to increased repeat business with these customers in the future. Jannsen uses a discount rate of 10% when evaluating capital expenditures.

 

Required:

1. Calculate the net present value of the investment in solar panels.

 

In: Accounting

Chobani’s history has included its successful offering of a variety of single-serving packages of fruit flavored...

Chobani’s history has included its successful offering of a variety of single-serving packages of fruit flavored Greek yogurt. The Chief Marketing and Brand Officer of this company stated, “We want to inspire customers to eat yogurt throughout the day, and increase per-capita consumption.” Looking at social-cultural trends, Chobani desires to be innovative and wish to begin to develop and offer a wider product mix.

What are your thoughts about new product development at Chobani? How will it convince customers that their new products belong in their refrigerators? What factors are important in understanding Chobani’s position in the marketplace and efforts to expand its product mix and lines?

QUESTION:

What factors are important in understanding this decision situation?

In: Economics

Chobani’s history has included its successful offering of a variety of single-serving packages of fruit flavored...

Chobani’s history has included its successful offering of a variety of single-serving packages of fruit flavored Greek yogurt. The Chief Marketing and Brand Officer of this company stated, “We want to inspire customers to eat yogurt throughout the day, and increase per-capita consumption.” Looking at social-cultural trends, Chobani desires to be innovative and wish to begin to develop and offer a wider product mix. What are your thoughts about new product development at Chobani? How will it convince customers that their new products belong in their refrigerators? What factors are important in understanding Chobani’s position in the marketplace and efforts to expand its product mix and lines?

QUESTION:

What are the possible alternatives? Fully describe at least two.

In: Economics

13. A television manufacturer takes a random sample of 30 customers and determines the times (after...

13.
A television manufacturer takes a random sample of 30 customers and determines the times (after purchasing) until the televisions need servicing have a mean of 6 years and a standard deviation of 1.2 years.
a) Determine the 95% confidence interval for the mean and explain whether it is reasonable for the company to claim the mean time until servicing is needed is 6.4 years.

b) Repeat a), but use a 90% interval.
c) Suppose instead a larger sample of 100 customers was taken and it had the same mean and standard deviation as the sample of 30. Determine both the 90% and 95% confidence intervals. Does either interval support the company’s claim that the mean time is 6.4 years until servicing is needed?

In: Statistics and Probability

Book: Information Systems Today Managing In The Digital World 7th Editon Answer should conform APA standards...

Book: Information Systems Today Managing In The Digital World 7th Editon

Answer should conform APA standards

Please answer each question

The answers should include external sources to highlight diverse viewpoints and demonstrate a thorough comprehension

Chapter 9 – Developing and Acquiring Information Systems

Compare and contrast drivers that are used for price sensitive customers versus time sensitive customers. Select a company/industry as a case.

9-1. Describe the productivity paradox.

9-10. List and describe two main types of software licenses.

Chapter 10 – Securing Information Systems

10-07. Define and contrast cyberharassment, cyberstalking, and cyberbullying.

10-08. Define and contrast cyberwar and cyberterrorism.

In: Operations Management

Consider the natural log transformation (“ln” transformation) of variables labour cost (L_COST), and total number of...

Consider the natural log transformation (“ln” transformation) of variables labour cost (L_COST), and total number of rooms per hotel (Total_Rooms). 4.1 Use the least squares method to estimate the regression coefficients b0 and b1 for the log-linear model 4.2 State the regression equation 4.3 Give the interpretation of the regression coefficient b1. 4.4 Give an interpretation of the coefficient of determination R2 . Also, test the significance of your model using the F-test. How, does the value of the coefficient of determination affect the outcome of the above test? 4.5 Test whether a 1% increase of the total number of rooms per hotel can increase the labour cost by more than 0.20%? Use the 5% level of significance for this test.


L_COST   Total_Rooms     
2.165.000   412     
2.214.985   313     
1.393.550   265     
2.460.634   204     
1.151.600   172     
801.469   133     
1.072.000   127     
1.608.013   322     
793.009   241     
1.383.854   172     
494.566   121     
437.684   70     
83.000   65     
626.000   93     
37.735   75     
256.658   69     
230.000   66     
200.000   54     
199.000   68     
11.720   57     
59.200   38     
130.000   27     
255.020   47     
3.500   32     
20.906   27     
284.569   48     
107.447   39     
64.702   35     
6.500   23     
156.316   25     
15.950   10     
722.069   18     
6.121   17     
30.000   29     
5.700   21     
50.237   23     
19.670   15     
7.888   8     
3.500   15     
112.181   18     
30.000   10     
3.575   26     
2.074.000   306     
1.312.601   240     
434.237   330     
495.000   139     
1.511.457   353     
1.800.000   324     
2.050.000   276     
623.117   221     
796.026   200     
360.000   117     
538.848   170     
568.536   122     
300.000   57     
249.205   62     
150.000   98     
220.000   75     
50.302   62     
517.729   50     
51.000   27     
75.704   44     
271.724   33     
118.049   25     
40.000   30     
10.000   10     
10.000   18     
70.000   73     
12.000   21     
20.000   22     
36.277   25     
36.277   25     
10.450   31     
14.300   16     
4.296   15     
379.498   16     
1.520   22     
45.000   12     
96.619   34     
270.000   37     
60.000   25     
12.500   10     
1.934.820   270     
3.000.000   261     
1.675.995   219     
903.000   280     
2.429.367   378     
1.143.850   181     
900.000   166     
600.000   119     
2.500.000   174     
1.103.939   124     
363.825   112     
1.538.000   227     
1.370.968   161     
1.339.903   216     
173.481   102     
210.000   96     
441.737   97     
96.000   56     
177.833   72     
252.390   62     
377.182   78     
111.000   74     
238.000   33     
45.000   30     
50.000   39     
40.000   32     
61.766   25     
166.903   41     
116.056   24     
41.000   49     
195.821   43     
96.713   20     
6.500   32     
5.500   14     
4.000   14     
15.000   13     
9.500   13     
48.200   53     
3.000   11     
27.084   16     
30.000   21     
20.000   21     
43.549   46     
10.000   21     

In: Statistics and Probability

Current Attempt in Progress The CVP income statements shown below are available for Armstrong Company and...

Current Attempt in Progress The CVP income statements shown below are available for Armstrong Company and Contador Company. Armstrong Co. Contador Co. Sales $490,000 $490,000 Variable costs 247,000 45,000 Contribution margin 243,000 445,000 Fixed costs 143,000 345,000 Net income $100,000 $100,000 (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.15.) Degree of Operating Leverage Armstrong Contador (b) Assuming that sales revenue increases by 10%, prepare a variable costing income statement for each company. Armstrong Company Contador Company

In: Accounting

On January 1, Year 1, a contractor agrees to build on the customer’s land a bridge...

On January 1, Year 1, a contractor agrees to build on the customer’s land a bridge that is expected to be completed at the end of Year 3. The bridge is a single performance obligation to be satisfied over time. The contractor determines that the progress toward completion of the bridge is reasonably measurable using the input method based on costs incurred. The contract price is $4,000,000, and initial expected total costs of the project are $2,400,000.

Year 1

Year 2

Year 3

Costs incurred during each year

$   600,000

$1,200,000

$1,100,000

Costs expected in the future

1,800,000

1,200,000


^ this is the question form the professor and I did the answers for year 1-2-3 :

Year 1
By the end of Year 1, 25% [$600,000 ÷ ($600,000 + $1,800,000)] of the total expected costs have been incurred. Using the input method based on costs incurred, the contractor recognizes 25% of the total expected revenue ($4,000,000 contract price × 25% ) = $1,000,000 and cost of goods sold $2,400,000.× 25%) = $600,000. The difference between these amounts is the gross profit for Year 1.

Revenue $1,000,000, Cost of goods sold $600,000 , Gross profit (1,000,000 – 600,000) =$400,000. The gross profit in Year 1 of $400,000 also may be calculated as total expected gross profit from the project of $1,600,000 ($4,000,000 - $2,400,000) times the progress toward completion of the contract of 25%.

Year 2
By the end of Year 2, total costs incurred are $1,800,000 ($600,000+ $1,200,000). Given that $1,200,000 is expected to be incurred in the future, the total expected cost is $3,000,000 ($1,800,000 + $1,200,000). The change in the total cost of the contract must be accounted for prospectively. By the end of Year 2, 60% ($1,800,000 ÷ $3,000,000) of expected costs have been incurred.
Thus, $2,400,000 ($4,000,000 × 60%) of cumulative revenue and $1,800,000 ($ 3,000,000 × 60%) of cumulative cost of goods sold should be recognized for Years 1 and 2.
Because $1,000,000 of revenue and $600,000 of cost of goods sold were recognized in Year 1, revenue of $1,400,000 ($2,400,000 cumulative revenue - $1,000,000) and cost of goods sold of $1,200,000 ($1,800,000 cumulative cost of goods sold - $600,000) are recognized in Year 2.
Revenue
$1,400,000
Cost of goods sold
1,200,000
Gross profit -- Year 2
$200,000*
* The gross profit in Year 2 of $200,000 also may be calculated as the cumulative gross profit for Years 1 and 2 of $600,000 [($4,000,000 - $3,000,000) × 60%] minus the gross profit recognized in Year 1 of $400,000.

Year 3
At the end of Year 3, the project is completed, and the total costs incurred for the contract are $2,900,000 ($600,000 + $1,200,000 + $1,100,000). Given $2,400,000 of cumulative revenue and $1,800,000 of cumulative cost of goods sold for Years 1 and 2, $1,600,000 ($4,000,000 contract price - $2,400,000) of revenue and $1,100,000 ($2,900,000 total costs - $1,800,000) of cost of goods sold are recognized in Year 3.

Revenue
$1,600,000
Cost of goods sold
1,100,000
Gross profit -- Year 3
$500,000
NOTE: (1) The total gross profit from the project of $550,000 ($400,000 + $200,000 + $500,000) equals the contract price of $4,000,000 minus the total costs incurred of $2,900,000. (2) When progress toward completion is measured using the cost-to-cost method, as in the example above, the cost of goods sold recognized for the period equals the costs incurred during that period.

NOW : I need the answer for this question:

An entity may not be able to estimate the degree of completion of a project at the end of the first year, perhaps because this is the first time such a project has been undertaken by the firm. In that case, how much revenue would the firm recognize in that year if significant costs have been incurred in the construction process?

In: Accounting

Shown below is the trial balance for Dunbar Corporation as at June 30, 2017, the company's...

Shown below is the trial balance for Dunbar Corporation as at June 30, 2017, the company's year end. The company owner provides you with the following additional information:

-No interest has been paid yet on the note payable. The note has been outstanding since April 1 and the interest rate is 12%

-The equipment originally cost $200,000 and has an estimated residual value of $10,000 and a useful life of 10 years.

- On June 1 the company renewed its insurance policy and paid a $1800 premium for the year. It was correctly recorded at that time as prepaid insurance.

-On October 1, 2016 the company sold a 12-month service contract to a client for $200,000 and recorded it as Unearned Revenue because at that point they had not yet provided any service to the client.

DUNBAR CORPORATION

TRIAL BALANCE

AS AT JUNE 30, 2017

DEBIT

CREDIT

Cash

8,900

Accounts receivable

28,000

Prepaid insurance

1,200

Equipment

100,000

Accumulated amortization

6,000

Accounts payable

12,000

Note payable

20,000

Unearned revenue

18,000

Common shares

10,000

Retained earning

6,700

Sales & service revenue

240,000

Salaries

120,000

Rent

24,000

Supplies expense

29,500

Amortization expense

0

Insurance expense

1,100

Interest expense

0

TOTAL

$312,700

$312,700

Required

Prepare any adjusting entired required.

In: Accounting

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost...

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February:

Fixed Component
per Month
Variable
Component per Job
Actual Total
for February
Revenue $ 279 $ 36,310
Technician wages $ 8,400 $ 8,250
Mobile lab operating expenses $ 4,900 $ 34 $ 9,500
Office expenses $ 2,400 $ 4 $ 2,810
Advertising expenses $ 1,550 $ 1,620
Insurance $ 2,890 $ 2,890
Miscellaneous expenses $ 940 $ 1 $ 385

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $34 per job, and the actual mobile lab operating expenses for February were $9,500. The company expected to work 140 jobs in February, but actually worked 144 jobs.

Required:

Prepare a flexible budget performance report showing AirQual Test Corporation’s revenue and spending variances and activity variances for February. ( This report must include - jobs, revenue, expenses: technological wages, mobile lab operating expense, office expense, advertising expense, insurance, and miscellaneous expenses for both flexible and planning budget. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values

In: Accounting