Questions
the chart of accounts of pete's delivery services includes the following: cash 111 accounts receivable 112...

the chart of accounts of pete's delivery services includes the following: cash 111 accounts receivable 112 office equipment 121 delivery trucks 122 accounts payable 211 pete jean capital 311 pete jean withdrawals 312 delivery fees earned 411 advertising expense 511 gas expense 512 salaries expense 513 telephone expense 514 the following tranactions resulted for pete's delivery service during the month of march?

a. pete invested $40,000 in the business for his personal savings account

b. bought delivery trucks on account $25,000

c. advertising bill received but unpaid $800

d. bought office eqipment for cash $2,500

e. received cash for delivery services rendered $13,000

f. paid salaries expense $1,850

g. paid gas expense for company trucks $750

h. billed customers for delivery services rendered $5,500

i. paid telephone bill $400

j. received $1,600 as partial payment of transaction h

k. pete paid home telephone bill from company checkbook $88

As pete's newly employed account your task is to

1. set up T accounts in a ledger

2. record transactions in the T accounts (place the letter of the transaction next tot the entry)

3. foot the T accounts where appropriate

4. Prepare a trial balance at the end of March

5. Prepare from the trial balance, in proper form (a) an income statement for the month of March (b) a statement of owner's equity and (c) a balance sheet as of March 31

In: Accounting

Company             Cash from Operations    Cash from Investing        Cash from Financing Microsoft       &n

Company             Cash from Operations    Cash from Investing        Cash from Financing

Microsoft             $7,951                                 $ (6,176)                           $ 5,541

Ebay                         9,969                                      3,579                                  (9,694)

TJ MAX                 (2,498)                                        438                                     396

Each of these companies shows a different cash flow pattern. Explain what these patterns might indicate about each company.

In: Accounting

National polls are often conducted by asking the opinions of a few thousand adults nationwide and...

National polls are often conducted by asking the opinions of a few thousand adults nationwide and using them to infer the opinions of all adults in the nation. Explain who is in the sample and who is in the population for such polls. Please use a poll from a newspaper, TV, a magazine, or from the Internet. cite a source.

In: Statistics and Probability

Rank the welfare of the entire country with the following policies and explain your reasoning. (a)...

Rank the welfare of the entire country with the following policies and explain your reasoning.

(a) Export subsidy of US$5 per pound of sugar in a small country

(b) Export subsidy of US$5 per pound of sugar in a large country

(c) Production subsidy of US$5 per pound of sugar in a small country

In: Economics

US Economic growth has been criticized as being too slow. Why do we care? Compare the...

US Economic growth has been criticized as being too slow. Why do we care? Compare the US growth with foreign countries. You pick the countries that you think the US should care about and explain how and why the economies in these countries have diverged in economic growth. Explain in detail.

In: Economics

Suppose that the spot price of oil is US$19, The quoted 1-year futures price of oil...

Suppose that the spot price of oil is US$19,

The quoted 1-year futures price of oil is us$16

The 1-year US$ interest rate is 5% per annum

The storage cost of oil are %2 per annum

is there an arbitrage opportunity? is yes, please explain how you can observe this opportunity.

In: Finance

In the United States some critics of the World Trade Organization say that it has failed...

In the United States some critics of the World Trade Organization say that it has failed to protect US interests. Others disagree. Given that high technology products and agricultural products are important export items for the US, which WTO agreements could have been used to protect US interests in these areas, and in what way?

In: Economics

Question 3: EatWell Inc., a large fast-food chain company of Canada, wants to test two versions...

Question 3: EatWell Inc., a large fast-food chain company of Canada, wants to test two versions of a new product before launching its full production. They select a random sample of individuals among their regular clients and ask them to participate in an experiment to rate the product according to an assessment grid worth 20 points. The 15 individuals who accepted to participate had to come to a specific company location on two occasions during a given week to test the two versions of the product. It was a randomized experiment in which the version assigned to participants during their first visit was selected at random and participants did not know which version they were rating. Scores data of each participant are included in the Minitab file EatWell_Scores.mtw and in the Excel file Assign2.xlsx under the EatWell_Scores tab.

a) Examine and comment on the distribution of the ratings for the two versions of the product and decide which statistical test is the most appropriate for this type of data. Justify your selection based on the assumptions and conditions required for the most appropriate test selected.  

b) Regardless of your answer in a) above, perform a relevant parametric test using a 10% significance level to determine if there is a difference between the two versions of the product. Make sure you show your Minitab or other software output along with an interpretation of the results (manual calculations are not required here).  

c) Now, perform a Wilcoxon signed rank test to verify if there is a significant difference at the 10% level between the two versions of the product based on these ratings. Show your manual calculations including the T+ and T- statistics and conclude based on the critical value approach.  

d) Use Minitab or other software to perform the test in c) above and comment on the computed Pvalue and your conclusion in c).  

e) Compare your results from the parametric and non-parametric tests above and state what the final conclusion regarding the two versions of the product should be.

here is the data from EatWell_Scores.mtw

Individual Version A Version B
1 17 16
2 17 18
3 20 17
4 11 15
5 15 12
6 16 15
7 15 14
8 16 13
9 12 12
10 16 13
11 19 18
12 14 14
13 17 15
14 18 16
15 18 17

In: Statistics and Probability

A company that produces and markets continuing education programs on DVDs for the educational testing industry...

A company that produces and markets continuing education programs on DVDs for the educational testing industry has traditionally mailed advertising to prospective customers .A market research study was undertaken to compare two approaches: mailing a sample DVD upon request that contain highlights of the full DVD and sending an email containing a link for a website from which sample material could be downloaded. Of those who responded to either the mailing or the e-mail, the results were as follows in terms of purchase of the complete DVD .

                                    Type of media used

             Purchased                mailing                  E-mail                     total

                   Yes                            26                             11                                 37

                   No                             227                          247                               474

                   Total                         253                          258                               511

a)     at the 0.5 level significance, is there evidence of a difference in the proportion of DVDs purchased in the proportion of DVDs   purchased on the basis of the media used ?

b)     on the basis of the results of (a) which type of media should the company use in the future ? explain the rationale for your decision

The company also wanted to determine which of three sales approaches should be used to generate sales among those who either requested the sample DVD by mail or downloaded the sample DVD but did not purchase the full DVD : 1) targeted e-mail , 2) A DVD that contain additional features or 3) a telephone call to prospective customers. The 474 respondents who did not initially purchase the full DVD were randomly assigned to one of the three sales approaches. The results in terms of purchases of the full program DVD, are as follows:

                                                                                 Sales approach

ACTION                     Targeted            More complete          Telephone calls     Total

                                     Email                       DVD

Purchase                          5                       17                                     18                       40

Do not purchase            153                   141                                   140                      434

Total                                158                    158                                   158 474

c)      at the 0.05 level of significance, is there evidence of a difference in the proportion of DVDs purchased on the basis of the sales strategy used?

d)     On the basis of the results of (c) which sales approach do you think the company should use in the future . Explain the rationale for your decision.

In: Statistics and Probability

Last week oil prices, which are determined by the market and not individual producers, became negative....

  1. Last week oil prices, which are determined by the market and not individual producers, became negative. Graphically show what happened to the demand curve, marginal revenue curve, and profits/losses of an individual oil producing firm. Please label everything.

In: Economics