Questions
In a study of high-achieving high school graduates, the authors of a report surveyed 834 high...

In a study of high-achieving high school graduates, the authors of a report surveyed 834 high school graduates who were considered "academic superstars" and 436 graduates who were considered "solid performers." One question on the survey asked the distance from their home to the college they attended.

Assuming it is reasonable to regard these two samples as random samples of academic superstars and solid performers nationwide, use the accompanying data to determine if it is reasonable to conclude that the distribution of responses over the distance from home categories is not the same for academic superstars and solid performers. Use

α = 0.05.

Distance of College from Home (in miles)
Student Group Less
than 40
40 to
99
100 to
199
200 to
399
400 or
More
Academic Superstars 158 157 143 150 226
Solid Performers 105 94 83 65 89

State the null and alternative hypotheses.

H0: Student group and distance of college from home are independent.
Ha: Student group and distance of college from home are not independent. H0: Student group and distance of college from home are not independent.
Ha: Student group and distance of college from home are independent.     H0: The proportions falling into the distance categories are not all the same for the two student groups.
Ha: The proportions falling into the distance categories are the same for the two student groups. H0: The proportions falling into the distance categories are the same for the two student groups.
Ha: The proportions falling into the distance categories are not all the same for the two student groups.


Calculate the test statistic. (Round your answer to two decimal places.)
χ2 =

What is the P-value for the test? (Round your answer to four decimal places.)
P-value =

What can you conclude?

Do not reject H0. There is not enough evidence to conclude that the proportions falling into the distance categories are not all the same for the two student groups. Reject H0. There is convincing evidence to conclude that the proportions falling into the distance categories are not all the same for the two student groups.     Reject H0. There is convincing evidence to conclude that there is an association between student group and distance of college from home. Do not reject H0. There is not enough evidence to conclude that there is an association between student group and distance of college from home.

In: Math

Clearview Systems Ltd. Jasmine Kaur, the newly appointed vice-president of finance for Clearview Systems Ltd. (“CVL”),...

Clearview Systems Ltd.

Jasmine Kaur, the newly appointed vice-president of finance for Clearview Systems Ltd. (“CVL”), was eager to talk to her investment banker about future financing for the firm. One of her first assignments was to determine the firm’s weighted average cost of capital (WACC).

Capital Structure

In their discussion, Jasmine and her investment banker felt that the current mix in the capital structure was providing CVL with the lowest possible WACC and CVL should continue with it in the future. To help her understand the current mix in the capital structure, the controller for CVL provided Jasmine with the following information for the latest year-end (Dec-31-19):

  • The company issued 14,600 bonds, each with a par value of $1,000. They are currently selling for $1,041.00 each.
  • 254,000 common shares have been authorized (with 206,000 shares issued and outstanding). Common shares are selling for $49.000 per share.
  • 189,000 preferred shares have been authorized (with 144,000 issued and outstanding). The closing price of preferred shares was $54.500 per share.

Jasmine was able to use this information to calculate the market values and the weights associated with each of the components of the capital structure:

(enter your answer in whole numbers: e.g. 1,000,000

not 1.0 million. Don't enter the dollar sign.)

the total market value of outstanding bonds on Dec-31-19

$

the total market value of all issued preferred shares on Dec-31-19

$

the total market value of all issued common shares on Dec-31-19

$

Description

Weight

(enter all percentages to two decimal places)

Debt

%

Preferred

%

Common

%

Cost of WACC Components

Of some concern was the appropriate cost to assign to each of the elements in the capital structure. Jasmine requested that the controller provide data on what the costs were likely to be to issue debt, preferred stock and common stock. The controller provided the following information:

Debt

The bonds were issued 4 years ago with a 25 year maturity and a coupon rate of 7.00 percent (payable semi-annually)

Preferred equity

The preferred shares were issued six years ago and pay an annual dividend of $2.200 per share.

Common equity

Last year, CVL declared and paid a common share dividend of $2.430 per share. This represented a 5.00 percent growth in the common share dividend (a rate that is expected to continue into the future) and a dividend payout ratio of 30.00 percent (also expected to continue into the future).

Jasmine was already aware that the company’s current tax rate is 45.00 percent and preliminary year-end results show net earnings (after interest, taxes and preferred share dividends) for the year ending Dec-31-19 is $6.0 million.

CVL uses RBC as its lead underwriter. RBC charges CVL 4.00 percent commission on new common stock issues, 6.00 percent on new preferred stock issues, and 6.00 percent on new debt issues. RBC has included all direct and indirect flotation costs in these rates.

Calculate the after-tax cost of debt:

What is the nominal yield-to-maturity on outstanding bonds?

%

Since the bonds compound semi-annually, what is the effective yield on the bond?

%

Calculate the after-tax cost of debt using the effective yield. (Note: If you don't know how to calculate the effective yield, use the nominal yield you calculated in part 1. Show me you know how to calculate after-tax cost of debt, even if you’re starting with the wrong number.)

%

Calculate the after-tax cost of preferred shares.

%

Calculate the after-tax cost common equity in the form of retained earnings (ke).

%

Calculate the after-tax cost of common equity in the form of new shares (kn).

%

Weighted Average Cost of Capital

What is the weighted-average cost of capital if the company uses new debt, new preferred shares and just retained earnings?

%

What is the weighted-average cost of capital if the company uses new debt, new preferred shares and new common shares?

%

Jasmine was interested to know the level of investment she could make in new capital assets without needing to find new common shareholders.

How much of that can be funded without issuing new common stock? (Hint, how much will the Total Liabilities and Shareholder’s Equity side of the balance sheet go up by?) (enter your answer in whole numbers: e.g. 1,000,000 not 1.0 million. Don't enter the dollar sign.)

In: Finance

Start NetBeans. Create a new project called Lab7. Create a Java main class file using the...

  1. Start NetBeans.
  2. Create a new project called Lab7.
  3. Create a Java main class file using the class name YourlastnameLab7 with your actual last name.
  4. Create a Java class file for a Polygon class.
  5. Implement the Polygon class.
    1. Add a private instance variable representing the number of sides in the polygon.
    1. Add a constructor that takes a single argument and uses it to initialize the number of sides. If the value of the argument is less than three, display an error message and exit the program.
    1. Add an accessor method for the number of sides.
    1. Override the toString method of the Object class to return a String containing the number of sides.

6. Add code to the main method of your main class to do the following:

    1. Create a Polygon object.
    1. Pass the object to System.out.println() to display it.

Run the program to make sure it works. The output should look something like this:

Testing Polygon constructor

Number of sides: 5

7. Create a Java class file for a RegularPolygon class.

8. Implement the RegularPolygon class.

    1. Modify the class header to make RegularPolygon a subclass of Polygon.
    1. Add a private instance variable to represent the length of a side (a double).
    1. Add a constructor that takes an int and a double and uses them to initialize the private instance variables. If the length of the side is less than or equal to zero, display an error message, and exit the program.
    1. Add an accessor method and a mutator method for the length of a side.
    1. Move the code from the constructor that does the input validation and initialization of the length of a side to the mutator method. Replace the constructor code you just moved with a call to the mutator.
    1. Add a method called getPerimeter that calculates the perimeter of the polygon. Remember that all of the sides of a regular polygon have the same length.
    1. Override the toString method from the Polygon class to include the side length and perimeter along with the number of sides. Use the toString method from the base class to construct the first part of the string.

9. Add code to the main method of your main class to do the following:

    1. Create a RegularPolygon object and display it.
    1. Call the side length mutator, and display the object again.

Run the program to make sure it works. The output should look something like this:

Testing Polygon constructor

Number of sides: 4

Testing RegularPolygon constructor

Number of sides: 5

Side length: 1.0

Perimeter: 5.0

Testing side length mutator

Number of sides: 5

Side length: 2.0

Perimeter: 10.0

10. Create a Java class file for a RegularTriangle class.

11. Implement the RegularTriangle class.

  1. Modify the class header to make RegularTriangle a subclass of

RegularPolygon.

    1. Add a private instance variable for the height of the triangle (a double).
    1. Add a constructor that takes a double representing the length of a side and uses the RegularPolygon constructor to initialize the number of sides and the side length. You do not need to initialize the height (you will see why in the next step.)
    1. Override the side length mutator so it calls the RegularPolygon mutator to initialize the side length, then sets the height to √3 × /2. This will take care of initializing the height since the constructor calls the RegularPolygon constructor, which calls this version of the side length mutator.
    1. Write an accessor method and a mutator method for the height. The mutator should display an error message and exit the program if the value provided is less than or equal to zero. It should also set the side length to 2 × ℎ      ℎ /√3.
    1. Write a method called getArea that calculates the area of the triangle using the formula = 1/2 × × ℎ      ℎ and returns it.
    1. Override the toString method to add information about the height and area.

12. Add code to the main method of your main class to do the following:

    1. Create a RegularTriangle object and display it.
    1. Call the height mutator, and display the object.
    1. Call the side length mutator, and display the object.

Run the program to make sure it works. The output should look something like this:

Testing Polygon constructor

Number of sides: 4

Testing RegularPolygon constructor

Number of sides: 5

Side length: 1.0

Perimeter: 5.0

Testing side length mutator

Number of sides: 5

Side length: 2.0

Perimeter: 10.0

Testing RegularTriangle constructor

Number of sides: 3

Side length: 4.0

Perimeter: 12.0

Height: 3.4641016151377544

Area: 6.928203230275509

Testing height mutator

Number of sides: 3

Side length: 3.464101615137755

Perimeter: 10.392304845413264

Height: 3.0

Area: 5.196152422706632

Testing side length mutator

Number of sides: 3

Side length: 4.0

Perimeter: 12.0

Height: 3.4641016151377544

Area: 6.928203230275509

In: Computer Science

A travel agent (TA) in Athens named “Thomas o Mageiras” has contracts with 135 hotels from...

A travel agent (TA) in Athens named “Thomas o Mageiras” has contracts with 135
hotels from all categories (stars) in the three major Greek summer destinations,
namely Crete, Ionian Islands and South Aegean Islands. In order to better support its
clients the TA yearly collects and updates data regarding the performance of these
hotels.
The dataset in the table that follows, provides various measures of
all 135 hotels, summarized in the following variables:
Variables Description
STARS Hotel class category
Total_Rooms Total number of rooms per hotel

Region_ID

1= Crete
2=Southern Aegean Islands
3=Ionian Islands

ARR_MAY Average Room Rate in May (in €)
ARR_AUG Average Room Rate in August (in €)
L_COST Labor cost per hotel (in €)
Note: The empty cells in the given Excel spreadsheet indicate missing values.


Question 1:
1.1 Construct the frequency distribution, the percentage distribution and the frequency
histogram of the variables ARR_MAY and ARR_AUG for ALL 135 hotels. Use
the same class width = 25 for both frequency distributions. Comment on the
characteristics of the distributions.
1.2 Construct separately, the frequency distributions and the percentage distributions
of the variable ARR_AUG for each of the three destinations. Use the same class
width = 35 for each of the three frequency distributions.
1.3 Construct separately, the frequency distributions and the percentage distributions
of the variable ARR_MAY for hotels with a) Number of rooms ≤ 50 considered
as small size hotels b) Number of rooms > 50 considered as large size hotels. Use
the same class width = 25 for both frequency distributions.

1.4 Plot three histograms of the frequency distributions of the variable ARR_AUG,
one for each of the three destinations, and comment on the main characteristics of
the three distributions.
1.5 Plot two histograms of frequency distributions of the variable ARR_MAY, one
for the small and one for the large size hotels, and comment on the main
characteristics of the two distributions.
1.6 What conclusions can you reach concerning the differences in distribution a) of
ARR_AUG among the three destinations and b) of ARR_MAY between the
small and the large size hotels?

STARS Total_Rooms Region_ID ARR_MAY ARR_AUG L_COST
1 44 2 16 35
1 18 2 16 20
1 21 3 16 40 30.000
1 21 3 16 40 20.000
1 31 2 18 35 10.450
2 32 3 19 45 6.500
1 46 3 19 23 43.549
4 38 1 22 51 59.200
2 73 2 22 41 70.000
4 65 1 25 63 83.000
3 122 2 25 33 568.536
1 16 2 25 70 379.498
1 13 3 25 45 15.000
1 16 3 25 31 27.084
2 29 1 26 44 30.000
2 42 2 28 40
2 17 1 29 53 6.121
1 23 1 30 35 50.237
2 30 2 30 55 40.000
2 15 2 30 45 4.296
1 11 2 30 50
1 22 2 30 35 1.520
3 39 3 30 68 50.000
3 32 3 30 100 40.000
2 49 3 30 73 41.000
1 13 3 30 50 9.500
1 21 3 30 40 10.000
1 8 1 31 49 7.888
2 25 3 32 55 61.766
1 57 1 35 90 11.720
1 20 1 35 45
1 18 1 35 40 112.181
2 26 1 35 40 3.575
2 37 2 35 95 270.000
2 14 3 35 70 5.500
3 98 2 38 75 150.000
3 44 2 38 84 75.704
3 75 1 40 60 37.735
3 32 1 40 60 3.500
2 23 1 40 50 6.500
1 11 1 40 55
1 15 1 40 55 3.500
3 23 1 40 55
3 10 2 40 70 10.000
1 22 2 40 100 20.000
1 12 2 40 65
4 112 3 40 56 363.825
3 72 3 40 75 177.833
1 21 1 42 54 5.700
5 378 3 44 128 2.429.367
2 68 1 45 55 199.000
3 75 2 45 70 220.000
3 62 2 45 90 50.302
3 25 2 45 95 118.049
2 15 1 47 50 19.670
4 221 2 47 102 623.117
3 27 1 48 55 20.906
4 117 2 48 91 360.000
3 62 3 50 90 252.390
3 30 3 50 80 45.000
2 41 3 50 90 166.903
2 14 3 50 80 4.000
3 66 1 51 65 230.000
2 48 1 52 60 284.569
2 39 1 53 104 107.447
3 102 3 53 91 173.481
4 62 2 55 75 249.205
2 21 2 55 100 12.000
2 53 3 55 80 48.200
4 10 1 57 97 30.000
4 70 1 59 128 437.684
1 25 1 59 128 156.316
3 69 1 60 70 256.658
3 47 1 60 120 255.020
3 170 2 60 104 538.848
2 18 2 60 100 10.000
5 270 3 60 90 1.934.820
5 240 2 61 132 1.312.601
4 241 1 64 109 793.009
4 121 1 64 132 494.566
3 54 1 65 90 200.000
4 172 1 68 148 1.383.854
5 57 2 68 140 300.000
4 227 3 69 123 1.538.000
4 322 1 70 159 1.608.013
4 27 1 70 100 130.000
2 10 2 70 100 12.500
4 56 3 70 100 96.000
3 78 3 70 120 377.182
2 24 3 70 120 116.056
2 20 3 70 120 96.713
5 133 1 71 136 801.469
4 96 3 73 134 210.000
3 93 1 76 130 626.000
4 200 2 77 178 796.026
2 35 1 80 110 64.702
1 25 2 80 120 36.277
1 25 2 80 120 36.277
3 16 2 80 100 14.300
4 216 3 80 124 1.339.903
3 74 3 80 95 111.000
5 265 1 81 174 1.393.550
5 280 3 81 138 903.000
5 127 1 85 114 1.072.000
3 33 3 85 120 238.000
4 353 2 87 152 1.511.457
5 172 1 90 195 1.151.600
4 10 1 90 105 15.950
5 219 3 93 162 1.675.995
5 313 1 94 173 2.214.985
3 18 1 94 104 722.069
4 97 3 94 120 441.737
2 43 3 94 120 195.821
5 412 1 95 160 2.165.000
4 276 2 95 160 2.050.000
3 11 3 95 120 3.000
5 166 3 98 183 900.000
3 33 2 99 218 271.724
5 139 2 100 130 495.000
5 50 2 100 180 517.729
2 25 2 100 150 60.000
5 181 3 100 187 1.143.850
5 119 3 100 150 600.000
4 9 3 100 180
5 174 3 102 211 2.500.000
5 124 3 103 160 1.103.939
5 330 2 112 240 434.237
4 324 2 112 211 1.800.000
4 161 3 112 213 1.370.968
5 306 2 113 235 2.074.000
5 261 3 119 211 3.000.000
5 204 1 131 225 2.460.634
4 34 2 133 218 96.619
4 27 2 180 250 51.000
4 12 2 215 265 45.000

In: Statistics and Probability

Question 2 Rawhide, Inc. builds a tannery in Curley's neighborhood. Before the tannery opens for business,...

Question 2

Rawhide, Inc. builds a tannery in Curley's neighborhood. Before the tannery opens for business, Curley moves to another neighborhood. However, he retains ownership of his property near the tannery. Curley leases out the property near the tannery to Mo. Once the tannery begins operating, it gives off foul odors that Mo can smell from his property. If Curley sues the tannery for nuisance, is he likely win his case? Explain why or why not.

Question 3

Rawhide, Inc. builds a tannery in Curley's neighborhood. The tannery gives off foul odors that Curley can smell from his property. If Curley sues the tannery for nuisance and wins, which of the following is the court most likely award? Explain why you chose your answer.

a. Compensation for Curley's damages.
b. Nominal Damages.
c. An injunction against the tannery.
d. Nothing.

Question 4

SureShot, Inc., is a manufacturer of special equipment used by hunters. One of their leading products is a machine that simulates the calls of elk. Each piece of equipment can make several high frequency sounds that are not audible to the human ear. In order to ensure the quality of their equipment, SureShot tests each piece of equipment several times. These tests involve testing the range of sounds that each piece of equipment makes. Therefore, dozens of high frequency sound waves are emitted from SureShot's manufacturing plant every day. Not knowing of the high frequency sounds, Kelly’s Kennels Inc., opens a dog breeding school next door to SureShot. The high frequency noises, while not audible to humans are audible and very disturbing, to dogs. The sound waves cause the dog to howl for hours every day and interfere with Kelly’s Kennels business. If Kelly’s Kennels brings an action against SureShot to recover damages for interfering with Kelly’s Kennels business, what is the most likely outcome for SureShot? Explain your answer.

a. Lose, because Kelly’s Kennels came to the nuisance after Sure Shot had already been there.
b. Lose, because Kelly’s Kennels business is abnormally sensitive to the sound waves.
c. Win, because the sound waves represent a trespass onto Kelly’s Kennels property.
d. Win, because the sound waves have seriously interfered with Kelly’s Kennels business.

Question 5

Mike is an avid collector of western art. One of his favorite pieces is a sculpture of a cowboy riding an unsaddled horse made out of old soup cans, tin foil and duct tape. Mike places the sculpture in his backyard so that he can look at it whenever he sits on his porch. Unfortunately, Stu, who lives next door to Mike and who hates the sculpture, can also see it from his porch. In fact, Stu hates the sculpture so much that he does not go out onto his porch anymore. If Stu tries to get Mike to remove the sculpture by suing him for nuisance, will Stu win? Defend your answer.

Question 6

An oil tanker belonging to Oil Finders, Inc. runs aground and causes a massive oil spill that damages several miles of the Texas coastline. As a result, several public beaches are rendered unusable to the public. Riker and Picard are avid surfers who like to hit the waves as often as they can. Because of the oil spill, they will not be able to surf for at least six months. They file suit against Oil Finders, Inc. for nuisance. Will the court hear their suit? Defend your answer.

Question 7

An oil tanker belonging to Oil Finders, Inc. runs aground and causes a massive oil spill that damages several miles of the Texas coastline. As a result, several public beaches are rendered unusable to the public. Riker and Picard make their living harvesting clams and oysters at the various beaches in the area and their business has been destroyed as a result of the oil spill. They file suit against Oil Finders, Inc. for nuisance. Will the court hear their suit? Defend your answer.

Question 8

John and Kelsey live in a house in Missouri that they purchased for $250,000. The town has never had a garbage dump and the city government has spent millions of dollars over the years sending the town's trash to a dump located in a different part of the state. In order to save money, the town contracts with Mr. Barr, the president of a waste management company, to build and maintain a landfill at the edge of the town. Within six months, the landfill is operational. Eventually, as more and more of the town's trash gets dumped into the landfill, the residents of the town are subjected to the odor that the landfill gives off. The odor is not constant but, on windy days, it is noticeable. As a result, the house that John and Kelsey bought for $250,000 is reduced in value to $240,000. If John sues the town for nuisance, which of the following is most likely to occur? Defend your answer/

a. Win, because his house's value has been reduced.
b. Win, because John moved to the neighborhood before the landfill opened.
c. Lose, because the odor is not constant.
d. Lose, because benefits of the landfill outweigh the damage done to John.

In: Economics

2008 Summer Olympics in Beijing, China, in a world record of 9.58 seconds. That works out...

2008 Summer Olympics in Beijing, China, in a world record of 9.58 seconds. That works out to be about 23.4 miles per hour over the course of the race. For a brief period during that sprint, Bolt reached an astounding 40 feet per second (27.51 mph). As a physical activity, running is very different from walking. In running, a person's legs flex and the muscles stretch and then contract during acceleration. As the runner's muscles release and absorb energy, the overall energy in the person's body changes and leads to increased speed. What Makes An Elite Runner? Scholars believe that the fastest runners — the elite sprinters like Bolt - are those who use a low amount of energy for every foot that they run, compared to other people. The ability to do that is influenced by a number of different factors, including their age, sex and distribution of muscles. The fastest of the elite runners are young men. The way in which a person's body moves in time and space is called biomechanics. The possible speed of a runner is influenced by their biomechanics, especially how their legs move as they run. Many different factors could influence a person's running speed, including how much time the foot spends touching the ground, how far the legs swing and the angle and distance of the stride. In particular, sprint runners maximize their acceleration and top speed by applying more force relative to their body weight. Their ankles move faster and they take more steps per minute. Long-Distance Runners: When considering speed, sports researchers also look at long-distance runners, who race distances between 3 and 26 miles. The fastest of these runners use considerable plantar pressure, which is the amount of pressure the foot puts on the ground. Changes in biomechanical factors, or how the legs move over time and space, also seem to have a significant effect. As with sprinters, the fastest group in marathon running is men aged between 25 and 29. Those men have an average speed between 558 and 577 feet per minute. This information was gathered from the marathons that were run in Chicago and New York between 2012 and 2016. The New York City marathon runs in waves. There are four groups of runners who begin the race roughly 30 minutes apart. As a result, statistics are available for runner speeds at 3-mile segments throughout the race. Researcher Zhenquan Lin and his team used that data to show that one factor of speed is competition. Runners increase speed and change positions more frequently at the end of the race. The Upper Limits In comparison to other animals, humans are very slow. The fastest animal on record is the cheetah, which can run up to 70 mph. Even Usain Bolt can only attain a fraction of that. Recent research on the most elite runners has led sports medicine expert Peter Weyand and his team to suggest that the upper limit might reach 35-40 mph. So far though, no one has been willing to confirm that in an official publication. In other words, scientists still need to find more Proof. Statistics: According to Rankings.com, the fastest three male sprinters in the world today are Usain Bolt, Tyson and Asafa Powell. Bolt and Powell are Jamaican, and tyson is American. Bolt set the 100-meter record at the 2008 Summer Olympic Games in Beijing, China, completing the race in 9.58 seconds. His speed was 34.25 feet per second. tyson's fastest time is 9.69 seconds. Powell's is 9.72 seconds. The fastest three female sprinters are Florence Griffith Joyner, Carmelita Jeter and Marion Jones, who are all American. Joyner's fastest time in the 100-meter was 10.49 seconds, set in the 1988 Olympics in Seoul, South Korea, at a speed of 31.27 feet per second. Jeter's fastest time is 10.64 seconds. Jones' is 10.65 seconds. The three fastest male marathon runners are, according to Runners World, Dennis Kimetto of Kenya, Kenenisa Bekele of Ethiopia and Eliud Kipchoge of Kenya. Kimetto set the record for the fastest marathon time at the Berlin Marathon in 2014. He completed the 26.2-mile race in just 2 hours, 2 minutes and 57 seconds. Bekele finished the Berlin Marathon in 2:03:03 in 2016. Kipchoge ran the London Marathon in 2:03:05 in 2016. The three fastest female marathon runners are Paula Radcliffe of England, Mary Keitany of Kenya and Tirunesh Dibaba of Kenya. Radcliffe completed the 2003 London Marathon in 2:15:25. Keitany completed the 2017 London Marathon at 2:17:01. Dibaba finished the same race in 2:17:56.

Examine the ideas in the article. in a short paragraph that explains the central idea of the article. Use at least two details from the article to support your response.

In: Statistics and Probability

Raymond Santana created Computer Solutions on October 1, 2019. The company has been successful, and its...

Raymond Santana created Computer Solutions on October 1, 2019. The company has been successful, and its list of customers has grown.

In response to requests from customers, R. Santana will begin selling computer software. The company will extend credit terms of 1/10, n/30, FOB shipping point, to all customers who purchase this merchandise. However, no cash discount is available on consulting fees. Also, Business Solutions does not use reversing entries and, therefore, all revenue and expense accounts have zero beginning balances as of January 1, 2020. Its transactions for January through March follow:

Jan.

4

The company paid cash to Lyn Addie for five days’ work at the rate of $125 per day. Four of the five days relate to wages payable that were accrued in the prior year.

5

Ray Santana invested an additional $20,000 cash in the company in exchange for more common stock.

7

The company purchased $5,800 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7.

9

The company received $2,750 cash from Gomez Co. as full payment on its account.

11

The company completed a five-day project for Alex’s Engineering Co. and billed it $5,500, which is the total price of $7,000 less the advance payment of $1,500.

13

The company sold merchandise with a retail value of $5,200 and a cost of $3,560 to Liu Corp., invoice dated January 13.

15

The company paid $600 cash for freight charges on the merchandise purchased on January 7.

16

The company received $4,000 cash from Delta Co. for computer services provided.

17

The company paid Kansas Corp. for the invoice dated January 7, net of the discount.

20

Liu Corp. returned $500 of defective merchandise from its invoice dated January 13. The returned merchandise, which had a $320 cost, is discarded. (The policy of Computer Solutions is to leave the cost of defective products in cost of goods sold.)

22

The company received the balance due from Liu Corp., net of both the discount and the credit for the returned merchandise.

24

The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $496.

26

The company purchased $8,000 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated January 26.

26

The company sold merchandise with a $4,640 cost for $5,800 on credit to KC, Inc., invoice dated January 26.

31

The company paid cash to Lyn Addie for 10 days’ work at $125 per day.

Feb.

1

The company paid $2,475 cash to Hillside Mall for another three months’ rent in advance.

3

The company paid Kansas Corp. for the balance due, net of the cash discount, less the $496 amount in the credit memorandum.

5

The company paid $600 cash to the local newspaper for an advertising insert in today’s paper.

11

The company received the balance due from Alex’s Engineering Co. for fees billed on January 11.

15

The company paid $4,800 cash in dividends.

23

The company sold merchandise with a $2,660 cost for $3,220 on credit to Delta Co., invoice dated February 23.

26

The company paid cash to Lyn Addie for eight days’ work at $125 per day.

27

The company reimbursed Ray Santana for business automobile mileage (600 miles at $0.32 per mile).

Mar.

8

The company purchased $2,730 of computer supplies from Harris Office Products on credit, invoice dated March 8.

9

The company received the balance due from Delta Co. for merchandise sold on February 23. (Note discount period versus payment)

11

The company paid $960 cash for minor repairs to the company’s computer.

16

The company received $5,260 cash from Dream, Inc., for computing services provided.

19

The company paid the full amount due to Harris Office Products, consisting of amounts created on December 15 (of $1,100) and March 8.

24

The company billed West Leasing for $9,045 of computing services provided.

25

The company sold merchandise with a $2,002 cost for $2,800 on credit to Wildcat Services, invoice dated March 25.

30

The company sold merchandise with a $1,048 cost for $2,220 on credit to IFM Company, invoice dated March 30.

31

The company reimbursed R. Santana for business automobile mileage (400 miles at $0.32 per mile).

I am mainly interested in COGS and inventory transactions (journal entries), and both of the account end balances. Please show the work. Thank you

In: Accounting

Develop and pseudocode for the code below: #include <algorithm> #include <iostream> #include <time.h> #include "CSVparser.hpp" using...

Develop and pseudocode for the code below:

#include <algorithm>
#include <iostream>
#include <time.h>

#include "CSVparser.hpp"

using namespace std;

//============================================================================
// Global definitions visible to all methods and classes
//============================================================================

// forward declarations
double strToDouble(string str, char ch);

// define a structure to hold bid information
struct Bid {
string bidId; // unique identifier
string title;
string fund;
double amount;
Bid() {
amount = 0.0;
}
};

//============================================================================
// Static methods used for testing
//============================================================================

/**
* Display the bid information to the console (std::out)
*
* @param bid struct containing the bid info
*/
void displayBid(Bid bid) {
cout << bid.bidId << ": " << bid.title << " | " << bid.amount << " | "
<< bid.fund << endl;
return;
}

/**
* Prompt user for bid information using console (std::in)
*
* @return Bid struct containing the bid info
*/
Bid getBid() {
Bid bid;

cout << "Enter Id: ";
cin.ignore();
getline(cin, bid.bidId);

cout << "Enter title: ";
getline(cin, bid.title);

cout << "Enter fund: ";
cin >> bid.fund;

cout << "Enter amount: ";
cin.ignore();
string strAmount;
getline(cin, strAmount);
bid.amount = strToDouble(strAmount, '$');

return bid;
}

/**
* Load a CSV file containing bids into a container
*
* @param csvPath the path to the CSV file to load
* @return a container holding all the bids read
*/
vector<Bid> loadBids(string csvPath) {
cout << "Loading CSV file " << csvPath << endl;

// Define a vector data structure to hold a collection of bids.
vector<Bid> bids;

// initialize the CSV Parser using the given path
csv::Parser file = csv::Parser(csvPath);

try {
// loop to read rows of a CSV file
for (int i = 0; i < file.rowCount(); i++) {

// Create a data structure and add to the collection of bids
Bid bid;
bid.bidId = file[i][1];
bid.title = file[i][0];
bid.fund = file[i][8];
bid.amount = strToDouble(file[i][4], '$');

//cout << "Item: " << bid.title << ", Fund: " << bid.fund << ", Amount: " << bid.amount << endl;

// push this bid to the end
bids.push_back(bid);
}
} catch (csv::Error &e) {
std::cerr << e.what() << std::endl;
}
return bids;
}

// FIXME (2a): Implement the quick sort logic over bid.title

/**
* Partition the vector of bids into two parts, low and high
*
* @param bids Address of the vector<Bid> instance to be partitioned
* @param begin Beginning index to partition
* @param end Ending index to partition
*/
int partition(vector<Bid>& bids, int begin, int end) {

int l = begin;
int h = end;


int pivot = (begin + (end - begin) / 2);
bool finished = false;

// this while loops continually increments the low point as long as it's below the pivot
// then continually decrements the high point as long as it's above the pivot
while(!finished) {

while(bids[l].title.compare(bids[pivot].title) < 0) {
++l;
}

while(bids[pivot].title.compare(bids[h].title) < 0) {
--h;
}

if (l >= h) {
finished = true;
// if variable l is not greater than or equal to h the two bids are swapped
} else {
swap(bids[l] , bids[h]);


//bring end points closer to one another

++l;
--h;
}
}
return h;
}

/**
* Perform a quick sort on bid title
* Average performance: O(n log(n))
* Worst case performance O(n^2))
*
* @param bids address of the vector<Bid> instance to be sorted
* @param begin the beginning index to sort on
* @param end the ending index to sort on
*/
void quickSort(vector<Bid>& bids, int begin, int end) {
}

// FIXME (1a): Implement the selection sort logic over bid.title

/**
* Perform a selection sort on bid title
* Average performance: O(n^2))
* Worst case performance O(n^2))
*
* @param bid address of the vector<Bid>
* instance to be sorted
*/
void selectionSort(vector<Bid>& bids) {
// this creates an index to the smallest minimum bid found
unsigned int smallest;
unsigned int largest = bids.size();

// place designates the position at which bids are sorted/unsorted
for (unsigned place = 0; place < largest; ++place) {
smallest = place;

for (unsigned j = place + 1; j < largest; ++j) {
if (bids[j].title.compare(bids[smallest].title) < 0) {
smallest = j;
}
}

if (smallest != place)
swap(bids[place], bids[smallest]);
}

}

/**
* Simple C function to convert a string to a double
* after stripping out unwanted char
*
* credit: http://stackoverflow.com/a/24875936
*
* @param ch The character to strip out
*/
double strToDouble(string str, char ch) {
str.erase(remove(str.begin(), str.end(), ch), str.end());
return atof(str.c_str());
}

/**
* The one and only main() method
*/
int main(int argc, char* argv[]) {

// process command line arguments
string csvPath;
switch (argc) {
case 2:
csvPath = argv[1];
break;
default:
csvPath = "eBid_Monthly_Sales_Dec_2016.csv";
}

// Define a vector to hold all the bids
vector<Bid> bids;

// Define a timer variable
clock_t ticks;

int choice = 0;
while (choice != 9) {
cout << "Menu:" << endl;
cout << " 1. Load Bids" << endl;
cout << " 2. Display All Bids" << endl;
cout << " 3. Selection Sort All Bids" << endl;
cout << " 4. Quick Sort All Bids" << endl;
cout << " 9. Exit" << endl;
cout << "Enter choice: ";
cin >> choice;

switch (choice) {

case 1:
// Initialize a timer variable before loading bids
ticks = clock();

// Complete the method call to load the bids
bids = loadBids(csvPath);

cout << bids.size() << " bids read" << endl;

// Calculate elapsed time and display result
ticks = clock() - ticks; // current clock ticks minus starting clock ticks
cout << "time: " << ticks << " clock ticks" << endl;
cout << "time: " << ticks * 1.0 / CLOCKS_PER_SEC << " seconds" << endl;

break;

case 2:
// Loop and display the bids read
for (int i = 0; i < bids.size(); ++i) {
displayBid(bids[i]);
}
cout << endl;

break;

// FIXME (1b): Invoke the selection sort and report timing results
    ticks = clock();

// call selectionSort method to sort the loaded bids
selectionSort(bids);

cout << bids.size() << " bids read" << endl;

// Calculate elapsed time and display result
ticks = clock() - ticks; // current clock ticks minus starting clock ticks
cout << "time: " << ticks << " clock ticks" << endl;
cout << "time: " << ticks * 1.0 / CLOCKS_PER_SEC << " seconds" << endl;

break;

// FIXME (2b): Invoke the quick sort and report timing results

   ticks = clock();

// call quickSort method to sort the loaded bids
quickSort(bids, 0, bids.size() - 1);

cout << bids.size() << " bids read" << endl;

// Calculate elapsed time and display result
ticks = clock() - ticks; // current clock ticks minus starting clock ticks
cout << "time: " << ticks << " clock ticks" << endl;
cout << "time: " << ticks * 1.0 / CLOCKS_PER_SEC << " seconds" << endl;

break;

}

cout << "Good bye." << endl;

return 0;
}

In: Computer Science

Which of the following statements about value is FALSE? Value includes the concept of quality, but...

Which of the following statements about value is FALSE?

Value includes the concept of quality, but it is broader in scope.

Value takes into account every marketing program element.

Unlike quality, value means the same thing to all customers.

Value is critical to maintaining long-term customer relationships.

Value allows for the necessary balance among the types of utility.

2.Relevance is a critical criterion in formulating a value claim for a positioning statement. The makers of Cialis, an erectile dysfunction (ED) drug, are considering a value claim that it "enhances intimacy and relationship." To assess the relevance of this claim, Cialis must determine if the claim:

is unique among value claims of competitor brands.

aligns with the specific needs of the target market.

can be endorsed by an authority figure or a celebrity.

is supportable by scientific evidence.

3.Assume that Park Paper Products believes its customers typically use satisficing decision making when purchasing paper products. Which of the following would likely be the least effective market strategy?

Make products easy to find

Offer products at an affordable price

Design colorful packaging to make products stand out from other offerings

Secure a large amount of shelf space

Focus advertising on the technical reasons why products are best in class

4.All of the following should be part of Best Buy's in-store marketing strategy to influence sales of consumer electronics in its stores EXCEPT:

recognizability of the brand name.

method of product delivery.

acceptability of the price point.

the decision to display the product or not.

5.

Line is the most widely used messaging app in Japan, Thailand, and Taiwan. After achieving success by focusing on chatting, video calling, photo sharing, and other communication functions, the firm leveraged its large customer base to expand beyond these functions. Line now offers online purchasing, delivery, taxi-hailing, and financial services.
of the three major product policy decisions faced by a firm, Line has been primarily engaged in:

Increasing product line depth

Widening product accessibility

Increasing product line breadth

Increasing product line breadth

6.In the case study about the marketing of Propecia, who were the two key decision-makers involved in the purchase and use of Propecia?

Merck and consumers

Consumers and physicians

Primary care physicians and dermatologists

Buyers and users

Merck and health care insurance providers

7.You are the vice president of marketing for a regional chain of fine dining restaurants. You have created policies to ensure that every fulltime employee has the training and skills to deliver the highest quality customer experiences. For example, every server is authorized to surprise customers with one-bite appetizers as part of the company's Customer Delight program. The company refers to these policies as employee empowerment. This is an example that best matches which of the four sets of activities for creating a customer-centric culture?

Coordination

Cooperation

Capability

Connection

In: Operations Management

Carpenter Cornices, Ltd., produces a wide variety of cornice moldings for windows at a plant located...

Carpenter Cornices, Ltd., produces a wide variety of cornice moldings for windows at a plant located in Evergreen Park, Illinois. Because there are hundreds of products, some of which are made only to order, the company uses a job-order costing system. On July 1, the start of the company’s fiscal year, inventory account balances were as follows:

Raw

materials

$ 12,800

Work in

process

$ 6,800
Finished goods

$

10,500

The company applies overhead cost to jobs on the basis of machine-hours. Its predetermined overhead rate for the fiscal year starting July 1 was based on a cost formula that estimated $200,600 of manufacturing overhead for an estimated activity level of 59,000 machine-hours. During the year, the following transactions were completed (Assume all purchases and services were acquired on account):

a. Raw materials purchased on account, $204,000.
b.

Raw materials requisitioned for use in production, $165,000 (materials costing $154,000 were chargeable directly to jobs; the remaining materials were indirect).

c. Costs for employee services were incurred as follows:
Direct labor $ 112,000
Indirect labor $ 48,800
Sales commissions $ 35,000
Administrative salaries $ 54,000
d.

Prepaid insurance expired during the year, $28,500 ($17,900 of this amount related to factory operations, and the remainder related to selling and administrative activities).

e. Utility costs incurred in the factory, $26,000.
f. Advertising costs incurred, $15,000.
g.

Depreciation recorded on equipment, $40,000. ($26,000 of this amount was on equipment used in factory operations; the remaining $14,000 was on equipment used in selling and administrative activities.)

h.

Manufacturing overhead cost was applied to jobs, $?. (The company recorded 30,000 machine-hours of operating time during the year.)

i. Goods that had cost $328,000 to manufacture according to their job cost sheets were completed.
j.

Sales (all on account) to customers during the year totaled $619,000. These goods had cost $327,000 to manufacture according to their job cost sheets.

1.

Prepare journal entries to record the transactions for the year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Prepare T-accounts for inventories, Manufacturing Overhead, and Cost of Goods Sold. Post relevant data from your journal entries to these T-accounts (don’t forget to enter the opening balances in your inventory accounts). Compute an ending balance in each account. (Round your intermediate calculations to 2 decimal places.

is Manufacturing Overhead underapplied or overapplied for the year? (Round your intermediate calculations to 2 decimal places.)

Manufacturing overhead was by for the year.


3-bPrepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.

Record the entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.\

4-

Prepare an income statement for the year. (Round your intermediate calculations to 2 decimal places.)

        

In: Accounting