The Henry Keizer Family Foundation (2016) provides an excellent resource for individuals to assess their knowledge about health insurance. Do you think that these types of resources are a part of improving quality?
In: Operations Management
"What are the seven different types of financial institutions? Include a description of the main services offered by each." (Cornett, Adair, & Nofsinger, 2016). Distinguished-level: Provide a definition of the term, liquidity.
In: Finance
Oklahoma Law Review Volume 68 Number 3 2016 “Big Data” and the Risk of Employment Discrimination. Raise your concern on employement discrimination through the use of big data.
In: Operations Management
Refer to the T-note and T-bond quotes in Table 6-1
a. What is the asking price on the 2.750 percent November 2023 T-bond if the face value of the bond if the face value bond is $10,000 ?
b. What is the bid price on the 0.500 percent August 2016 T-note if the face value of the bond is $10,000
(For all requirements, round your answer to 2 decimal places. (e.g., 32.16))
a. The Ask price ______
b. The Bid price ______
Maturity. Coupon Bid. Asked Chg. Asked Yield
11/15/2023 2.750 107.5234 107.5391 0.0703 1.673
8/31/2016 0.500 100.0391 100.0547 0.0234 0.296
In: Finance
Solve the following problems: Using the balance sheet below:
Balance Sheet Accounts of SimpleTec Corporation
Account Balance 12/31/2013 Balance 12/31/2014
Accumulated Depreciation $2,030 $2,680
Accounts Payable $1,810 $2,070
Accounts Receivable $2,490 $2,700
Cash $1,310 $1,100
Common Stock $5,000 $5,000
Inventory $5,810 $6,040
Long-Term Debt $7,810 $8,210
Plant, Property & Equipment $8,410 $9,210
Retained Earnings $1,380 $1,100
In: Finance
House prices: Data from the National Association of Realtors indicate that the mean price of a home in Denver, Colorado, in December 2016 was 366.5 thousand dollars. A random sample of 50 homes sold in 2017 had a mean price of 396.3 thousand dollars. a. Assume the population standard deviation is σ = 150. Can you conclude that the mean price in 2017 differs from the mean price in December 2016? Use the α = 0.05 level of significance. b. Following is a boxplot of the data. Explain why it is not reasonable to assume that the population is approximately normally distributed. c. Explain why the assumptions for the hypothesis test are satisfied even though the population is not normal.
In: Statistics and Probability
Barbara sold three assets during 2017. How much and what kind of gain or loss does she recognize from each sale? What tax rate applies to the net gain if Barbara's ordinary income is taxed at 25 percent?
a. On February 25 she sold 200 shares of XYZ stock for $19,000. She bought that stock for $16,000 on February 23, 2016.
b. On July 20 she sold an antique automobile for $30,000 that she purchased for $31,000 on July 21, 2016.
c. On August 2, she sold qualified small business stock for $28,000 that she had purchased for $20,000 on December 19, 2008.
In: Accounting
Following are the most recent balance sheets for King Fisher Aviation.
Excluding accumulated depreciation, determine whether each item is a use of cash, and the amount:
| Assets | 2015 | 2016 |
| Cash | 49,280 | 44,816 |
| Accounts Receivable | 98,155 | 101,412 |
| Inventories | 82,400 | 87,715 |
| Property, Plant, and Equipment | 223,994 | 242,085 |
| Less: Accumulated depreciation | 76,174 | 85,688 |
| Total Assets | 377,655 | 390,340 |
| Liabilities and Equity | 2015 | 2016 |
| Accounts Payable | 74,511 | 49,496 |
| Accrued Expenses | 10,790 | 7,740 |
| Long-term debt | 48,000 | 44,000 |
| Common stock | 25,000 | 30,000 |
| Accumulated Retained Earnings | 219,354 | 259,104 |
| Total Liabilities and Equity. | 377,655 | 390,340 |
Fill in the values in the spreadsheet.
In: Accounting
On January 1,2016, McKeown, Inc., issued $250,000 of 8%, 9year bonds for $220,776, yielding a market (yield) rate of 10%. Semiannual interest is payable on June 30 and December 31 of each year.
a) Show computations to confirm the bond issue price
b) Prepare journal entries to record the bond issuance, semiannual interest payment and discount amortization on June 30, 2016, and semiannual interest payment and discount amortization on December 31, 2016. Use the effective interest rate.
c) Post the journal entries from part b) to their respective T-accounts
d) Record each of the transactions from part b) in the financial statement effects templat
In: Accounting
Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for 2016 are as follows:
Cost Reatail
Begining inventory. $90,000. $180,000
Purchases 335,000. 580,000
Freight in 9,000
Purchase returns. 7,000 11,000
Net markups 16,000
Net markdowns 12,000
Normal spoilage 3,000
Abnormal spoliage. 4,800 8,000
Sales 540,000
Sales returns 10,000
The company records sales net of employee discounts. Discounts for 2016 totaled $4,000.
Required:
Estimate Sparrow’s ending inventory and cost of goods sold for the year using the retail inventory method and the following applications:
1. Average cost
2. Conventional
In: Accounting