Questions
1. Find the maximum of the following total revenue function (TR) by finding out (a) the...

1. Find the maximum of the following total revenue function (TR) by finding out (a) the output ?∗ value where the first order condition is satisfied; and (b) the maximum total revenue.

??(?)=32?−?2

2. Find the maximum of the following profit function by finding out (a) the output ?∗ value where the first order condition is satisfied; and (b) the maximum profit.

?(?)=−?33−5?2+2000?−326.

3. Find the minimum of the average cost function given following total cost function by finding out (a) the output ?∗value where the first order condition is satisfied; and (b) the minimum average cost.

??(?)=?3−21?2+500?

4. Given the following total revenue function ??(?) and the total cost function ??(?), maximize profit ?(?) by following steps

(a) set up the profit function

?=??(?)−??(?)

(b) the output value where the profit is at a relative extremum; and

(c) the maximum profit value.

??(?)=4350?−13?2

??(?)=?3−5.5?2+150?+675.

(please answer all)

In: Economics

Sales-Related Transactions Using Perpetual Inventory System The following selected transactions were completed by Green Lawn Supplies...

Sales-Related Transactions Using Perpetual Inventory System

The following selected transactions were completed by Green Lawn Supplies Co., which sells irrigation supplies primarily to wholesalers and occasionally to retail customers:

July 1. Sold merchandise on account to Landscapes Co., $15,300, terms FOB shipping point, n/eom. The cost of merchandise sold was $9,200.
2. Sold merchandise for $20,800 plus 6% sales tax to retail cash customers. The cost of merchandise sold was $13,500.
5. Sold merchandise on account to Peacock Company, $30,000, terms FOB destination, 1/10, n/30. The cost of merchandise sold was $19,500.
8. Sold merchandise for $7,600 plus 5% sales tax to retail customers who used VISA cards. The cost of merchandise sold was $4,600.
13. Sold merchandise to customers who used MasterCard cards, $6,500. The cost of merchandise sold was $4,100.
14. Sold merchandise on account to Loeb Co., $13,200, terms FOB shipping point, 1/10, n/30. The cost of merchandise sold was $7,800.
15. Received check for amount due from Peacock Company for sale on July 5.
16. Issued credit memo for $2,000 to Loeb Co. for merchandise returned from sale on July 14. The cost of the merchandise returned was $1,100.
18. Sold merchandise on account to Jennings Company, $5,600, terms FOB shipping point, 2/10, n/30. Paid $220 for freight and added it to the invoice. The cost of merchandise sold was $3,400.
24. Received check for amount due from Loeb Co. for sale on July 14 less credit memo of July 16.
28. Received check for amount due from Jennings Company for sale of July 18.
31. Paid Black Lab Delivery Service $1,980 for merchandise delivered during July to customers under shipping terms of FOB destination.
31. Received check for amount due from Landscapes Co. for sale of July 1.
Aug. 3. Paid Hays Federal Bank $1,040 for service fees for handling MasterCard and VISA sales during July
10. Paid $1,870 to state sales tax division for taxes owed on sales.

Required:

Journalize the entries to record the transactions of Green Lawn Supplies Co. For a compound transaction, if no entry is required, leave the entry box blank.

Date Account Debit Credit
July 1-sale Accounts Receivable-Landscapes Co.
Sales
Date Account Debit Credit
July 1-cost Cash
Date Account Debit Credit
July 2-sale
Date Account Debit Credit
July 2-cost
Date Account Debit Credit
July 5-sale
Date Account Debit Credit
July 5-cost
Date Account Debit Credit
July 8-sale
Date Account Debit Credit
July 8-cost
Date Account Debit Credit
July 13-sale
Date Account Debit Credit
July 13-cost
Date Account Debit Credit
July 14-sale
Date Account Debit Credit
July 14-cost
Date Account Debit Credit
July 15
Date Account Debit Credit
July 16-return
Date Account Debit Credit
July 16-cost
Date Account Debit Credit
July 18-sale
Date Account Debit Credit
July 18-freight
Date Account Debit Credit
July 18-cost
Date Account Debit Credit
July 24
Date Account Debit Credit
July 28
Date Account Debit Credit
July 31-freight
Date Account Debit Credit
July 31-collection
Date Account Debit Credit
Aug. 3
Date Account Debit Credit
Aug. 10

In: Accounting

Sales-Related Transactions using Perpetual Inventory System The following selected transactions were completed by Green Lawn Supplies...

Sales-Related Transactions using Perpetual Inventory System

The following selected transactions were completed by Green Lawn Supplies Co., which sells irrigation supplies primarily to wholesalers and occasionally to retail customers:

July 1. Sold merchandise on account to Landscapes Co., $33,450, terms FOB shipping point, n/eom. The cost of the goods sold was $20,000.
2. Sold merchandise for $86,000 plus 8% sales tax to retail cash customers. The cost of the goods sold was $51,600.
5. Sold merchandise on account to Peacock Company, $17,500, terms FOB destination, 1/10, n/30. The cost of the goods sold was $10,000.
8. Sold merchandise for $112,000 plus 8% sales tax to retail customers who used VISA cards. The cost of the goods sold was $67,200.
13. Sold merchandise to customers who used MasterCard cards, $96,000. The cost of the goods sold was $57,600.
14. Sold merchandise on account to Loeb Co., $16,000, terms FOB shipping point, 1/10, n/30. The cost of the goods sold was $9,000.
15. Received check for amount due from Peacock Company for sale on July 5.
16. Issued credit memo for $3,000 to Loeb Co. for merchandise returned from the sale on July 14. The cost of the merchandise returned was $1,800.
18. Sold merchandise on account to Jennings Company, $11,350, terms FOB shipping point, 2/10, n/30. Paid $475 for freight and added it to the invoice. The cost of the goods sold was $6,800.
24. Received check for amount due from Loeb Co. for sale on July 14 less credit memo of July 16.
28. Received check for amount due from Jennings Company for sale of July 18.
31. Paid Black Lab Delivery Service $8,550 for merchandise delivered during July to customers under shipping terms of FOB destination.
31. Received check for amount due from Landscapes Co. for sale of July 1.
Aug. 3. Paid Hays Federal Bank $3,770 for service fees for handling MasterCard and VISA sales during July.
10. Paid $41,260 to state sales tax division for taxes owed on sales.

Required:

Journalize the entries to record the transactions of Green Lawn Supplies Co. For a compound transaction, if an amount box does not require an entry, leave the box blank.

Date Account Debit Credit
July 1-sale

Date Account Debit Credit
July 1-cost

Date Account Debit Credit
July 2-sale

Date Account Debit Credit
July 2-cost

Date Account Debit Credit
July 5-sale

Date Account Debit Credit
July 5-cost

Date Account Debit Credit
July 8-sale

Date Account Debit Credit
July 8-cost

Date Account Debit Credit
July 13-sale

Date Account Debit Credit
July 13-cost

Date Account Debit Credit
July 14-sale

Date Account Debit Credit
July 14-cost

Date Account Debit Credit
July 15

Date Account Debit Credit
July 16-return

Date Account Debit Credit
July 16-cost

Date Account Debit Credit
July 18-sale

Date Account Debit Credit
July 18-freight

Date Account Debit Credit
July 18-cost

Date Account Debit Credit
July 24

Date Account Debit Credit
July 28

Date Account Debit Credit
July 31-freight

Date Account Debit Credit
July 31-collection

Date Account Debit Credit
Aug. 3

Date Account Debit Credit
Aug. 10

Check My Work

In: Accounting

The hypothesis is that the mean BMI of the students is lower than 24. A. What...

The hypothesis is that the mean BMI of the students is lower than 24.

A. What is the right set of null and alternative hypotheses?

B. What's the p-value for this test to FOUR decimals ? (Note: check if the above test is one-sided or two-sided first)

C. At significance level 5%, we can reject the null hypothesis and claim that the mean BMI is less than 24 for the student population of interest. True or False?

Age BMI
35 24
23 20
23 18.2
24 22.3
. .
28 .
32 25.8
24 22.8
27 19.1
24 .
22 18.5
22 22
23 18.6
49 .
41 25
21 27.5
24 20.4
22 24
25 21
45 25.8
26 22
. 27.2
32 21.1
. 25
42 27
28 20
47 24.8
29 17
31 20.9
28 19.8
26 .
21 19.9
22 29
30 0.2
26 22.3
24 19.9
25 .
28 23
23 22
27 24.6
30 20.5
22 .
24 23
29 20.8
23 21.1
25 17.8
22 21.8
24 21.9
24 23.7
22 21.5
33 18.9
40 .
26 21.9
24 .
32 21
26 19.91
30 19
27 28
27 29
49 .
48 39.5
29 35
50 23.6
33 33
38 25.6
26 .
40 28
33 22.6
37 .
28 19
24 19.9
24 24.4
26 19.5
30 19.7
30 24.5
50 27.3
27 27.9
23 19
28 24.3
25 25.6
25 18.7
23 .
22 21.3
27 23.1
28 26.8
36 34.9
50 27.4
24 22
21 26.4
24 24.1
26 26.6
25 23
31 22.2
50 22.8
24 21.6
27 19.2
22 .

In: Statistics and Probability

1) i need a just discussion about two audit risks in this scenario. Afterpay was founded...


1) i need a just discussion about two audit risks in this scenario.
Afterpay was founded in 2015 by Nick Molnar and Anthony Eisen to provide a platform for allowing retailers to offer online layby. With the introduction of the Afterpay mobile app in 2017, Afterpay expanded its offerings to also be available for use at in-store retail locations.[3]
In 2017, Afterpay merged with one of its technology suppliers, Touchcorp. Subsequent to the merger, Afterpay's business operations consist of "buy now" and "pay later" business segments. Its pay later business enables retailers to offer their customers the facility to buy now and pay later without requiring traditional credit, upfront fees or interest, allowing customers to have the ability to make purchases now and pay for them in four equal payments made every fortnight without any interest. There is no interest charged to customers for using this service. However, failure to make their payments will result in a late fee. Customers are required to be over eighteen years of age to use the service.

in regards of afterpay

In: Finance

i need discription two audit risks that are applicable to Afterpay. (material misstatement & detection risk)...

i need discription two audit risks that are applicable to Afterpay. (material misstatement & detection risk)
Afterpay was founded in 2015 by Nick Molnar and Anthony Eisen to provide a platform for allowing retailers to offer online layby. With the introduction of the Afterpay mobile app in 2017, Afterpay expanded its offerings to also be available for use at in-store retail locations.[3]
In 2017, Afterpay merged with one of its technology suppliers, Touchcorp. Subsequent to the merger, Afterpay's business operations consist of "buy now" and "pay later" business segments. Its pay later business enables retailers to offer their customers the facility to buy now and pay later without requiring traditional credit, upfront fees or interest, allowing customers to have the ability to make purchases now and pay for them in four equal payments made every fortnight without any interest. There is no interest charged to customers for using this service. However, failure to make their payments will result in a late fee. Customers are required to be over eighteen years of age to use the service.

In: Finance

SUPPLIERS(SupplierID, SupplierName, ContactName, Address, City, PostalCode, Country, Phone) CUSTOMERS(CustomerID, CustomerName, ContactName, Address, City, PostalCode, Country) 1.Show...

SUPPLIERS(SupplierID, SupplierName, ContactName, Address, City, PostalCode, Country, Phone)

CUSTOMERS(CustomerID, CustomerName, ContactName, Address, City, PostalCode, Country)

1.Show suppliers that do not have a PO Box but only show those whose name starts with a G or an N

2.Show suppliers that are located in countries from A to G and cities from N to Z LastName: I got # records in the output (result set).

3.Show the set of city and country combinations (listing each combination only once) where our customers are located and show them by country in reverse alphabetical order then by city alphabetically LastName: I got # records in the output (result set).

4.Show the customers in with names from P to Y who are based out of London or New York LastName: I got # records in the output (result set).

5.Show customers with names ending in r but who also have an r as the third or fifth letter too LastName: I got # records in the output (result set).

In: Computer Science

1 Why does FedEx palletize their freight shipments? a. To provide access to all four sides...

1 Why does FedEx palletize their freight shipments?
a. To provide access to all four sides
b. Pallets are available and economical
c. Freight customers own the equipment needed to handle pallets
d. To comply with regulations
e. Airlines require pallets
f. Freight customers prefer palletization

2 Which statement best describes FedEx's Custom Critical service?
a. These shipments must travel by air
b. FedEx treats all shipments as critical
c. Customers must pre-register to use this service
d. The shipment must have a very high value to qualify for this service
e. Customers using this service are required to purchase insurance
f. Elite division that provides fast door-to-door for urgent freight, valuable items, or hazardous goods

3 How does FedEx determine if a shipment is running on time?
a. Rely on the dispatcher
b. FedEx does not make this determination
c. Require the driver to call in every hour
d. Monitor the satellite equipped truck's longitude and latitude
e. The dispatcher and driver make this determination
f. Rely on the Internet

In: Operations Management

You are working as a consultant and have been hired by a company to assist in...

You are working as a consultant and have been hired by a company to assist in creating a company Code of Ethics in order to attract and retain more customers to your products and to prove the company’s ethical conduct & practices. This smaller, private company sells footwear for the Canadian and American marketplaces. The company has made the decision to do business with a supplier in Brazil.


The initial product quality has been very good, and the delivery of products to your company has also been very reliable. A few independent shareholders (some of whom sit on the company Board of Directors) own the company. You have visited the factory, and while the standards may not be what you would be allowed in Canada, generally the workers seem to be happy with their jobs.


how does doing bussiness in Brazil different from canada?
what if any, are the obvious competitive advantages to production in Brazil, describe this competitive advantage fully.

In: Accounting

Sunnry Day Manufacturing Company has just started operation on September 1, 2020. The following are the...

Sunnry Day Manufacturing Company has just started operation on September 1, 2020. The following are the transactions for the month of September.

1. Purchase of Raw Materials: On account, PHP 350,000.

2. Accepted three job orders from different customers and assigned Job. No. 700-A, 700-B and 700-C.

3. Materials in the amount of PHP 200,000 requisitioned and issued. 30% for Job 700-A, 25% for 700-B and 35% for 700-C. The balance represent indirect materials.

4. Payroll for the month totaled PHP 357,200. Analysis of the payroll shows:
Job Hours Cost
Job 700-A              8,840      88,400.00
Job 700-B            11,650    116,500.00
Job 700-C            11,980    119,800.00
Indirect Labor      32,500.00

5. The following overhead were incurred during the month in addition to indirect materials and indirect labor:
Maintenance of factory equipment      10,000.00
Utilities (power, light and water)      25,000.00
Depreciation of factory plant and equipment      15,000.00
Insurance expired        8,000.00
Miscellaneous factory expenses        5,000.00
6. The Company's policy is to apply overhead to each job at the rate of PHP 3.5 per direct labor hour. Any overhead variance is closed to cost of goods sold.
7. Jobs 700-A and 700-B are completed and billed the customers at cost plus 40% mark-up.
Requirements:
1. Journal entries to record the tranctions for the month, using the acounts on the right side.

2. Prepare summary of accounts.
3. Prepare the cost of each job.

In: Accounting