Questions
3.1. A researcher is interested in determining whether a new and cheaper method of analysis to...

3.1. A researcher is interested in determining whether a new and cheaper method of analysis to determine the fat content of small organisms works as well as the older method used for many years. She has decided to split 15 samples and determine fat content in the two halves using the two methods. She has decided that simple linear regression will be the best method of analysis because she can test the hypothesis that the two methods give a 1:1 relationship (slope = 1) over the working range of the methods. The data collected are (mg fat/g tissue):

Sample# Old Method (mg/g) New Method (mg/g)
1 18.6 18.1
2 5.9 6.1
3 19.1 19.6
4 23.2 20.1
5 12.4 8.1
6 14.2 15.2
7 18.3 15.6
8 15.6 13.5
9 14.8 10.9
10 27.6 27.8
11 13.6 12.1
12 17.5 19.2
13 26.4 24.6
14 6.4 4.5
15 9.2 8.1

A). Create a well labelled xy scatter plot (where x = old method) on the spreadsheet page with the data; make note of the general pattern of the plotted data and whether there are any suspect data points.

B). Use the advanced regression analysis tool to conduct a complete simple linear regression analysis for the data. You will not require the options for "residuals" for this analysis. Remember to complete the seven steps of hypothesis testing in the spaces provided on the worksheet.

C). Use the linear regression equation determined in part "B" to calculate a set of "predicted y values" for each observed x value.

D). What are the predicted y values (ie predicted “fat content using the new method”) for the following x values? a). 11.3 mg/g b). 17.2 mg/g c). 21.5 mg/g d). 148.4 mg/g

E). Whether the regression from question part “B” is significant or not, use the t-test for slope to test the hypothesis that the slope = 1.0. Remember to complete the five steps of hypothesis testing in the spaces provided on the worksheet. What does this analysis tell you about the two methods?

**please show how you got the answers so that I can learn and understand, as well as each of the steps for the seven steps of hypothesis testing so that I can see each step clearly **

In: Statistics and Probability

QUESTION 1 As the wavelength increases, the angle of deviation a. none b. decreases c. increases...

QUESTION 1

  1. As the wavelength increases, the angle of deviation

    a.

    none

    b.

    decreases

    c.

    increases

    d.

    remains unchanged

1 points   

QUESTION 2

  1. as the wavelength is increased. the index of refraction of the prism

    a.

    increases

    b.

    none

    c.

    decreases

    d.

    neither increases nor decreases

1 points   

QUESTION 3

  1. The index of refraction depend son wavelength.

    True

    False

1 points   

QUESTION 4

  1. The white light does not split into different colors.

    True

    False

1 points   

QUESTION 5

  1. Which color has the most deviation?

    a.

    red

    b.

    purple

    c.

    orange

    d.

    none

1 points   

QUESTION 6

  1. Which color has the least deviation?

    a.

    green

    b.

    blue

    c.

    red

    d.

    purple

1 points   

QUESTION 7

  1. Why  does an  angle of the equilateral prism base measure 60 degrees?

    a.

    Sum of vthe three angles of a triangle measures less than 180 degrees

    b.

    Sum of the three angles of a triangle measures 180 degrees

    c.

    none

    d.

    Sum of the three angles of a triangle measures more than 180 degrees

1 points   

QUESTION 8

  1. For air to water incidence at an angle of incidence of 30 degrees for a ray of light of wavelength  450 nm,

    a.

    angle of reflection is 30 degrees and angle of refraction is 30 degrees

    b.

    angle of reflection is 20 degrees and angle of refraction is 30 degrees

    c.

    angle of reflection is 20 degrees and angle of refraction is 20 degrees

    d.

    none

    e.

    angle of reflection is 30 degrees and angle of refraction is 20 degrees

1 points   

QUESTION 9


  1. For air to glass incidence at an angle of incidence of 40 degrees for a ray of light of wavelength 550 nm,

    a.

    angle of reflection is  30 degrees, angle of refraction is 30 degree, and the refractive index is about 1.5

    b.

    angle of reflection is  40 degrees, angle of refraction is 25 degrees, and the refractive index is about 1.5

    c.

    angle of reflection is  40 degrees, angle of refraction is 30 degree, and the refractive index is about 1.5

    d.

    none

    e.

    angle of reflection is 40 degrees, angle of refraction is 40 degree, and the refractive index is about 1.0

1 points   

QUESTION 10

  1. Which color is the most energetic  if energy varies inversely as the wavelength?

    a.

    green

    b.

    porple

    c.

    blue

    d.

    red

    e.

    orange

    f.

    none

1 points   

In: Physics

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are...

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Dux’s accounting records is provided also.

DUX COMPANY
Comparative Balance Sheets
December 31, 2021 and 2020
($ in thousands)
2021 2020
Assets
Cash $ 141.0 $ 38.0
Accounts receivable 66.0 68.0
Less: Allowance for uncollectible accounts (3.0 ) (2.0 )
Dividends receivable 21.0 20.0
Inventory 73.0 68.0
Long-term investment 33.0 28.0
Land 88.0 40.0
Buildings and equipment 153.0 268.0
Less: Accumulated depreciation (5.0 ) (140.0 )
$ 567.0 $ 388.0
Liabilities
Accounts payable $ 31.0 $ 38.0
Salaries payable 20.0 23.0
Interest payable 22.0 20.0
Income tax payable 25.0 26.0
Notes payable 48.0 0
Bonds payable 89.0 46.0
Less: Discount on bonds (2.0 ) (3.0 )
Shareholders' Equity
Common stock 210.0 200.0
Paid-in capital—excess of par 24.0 20.0
Retained earnings 108.0 18.0
Less: Treasury stock (8.0 ) 0
$ 567.0 $ 388.0
DUX COMPANY
Income Statement
For the Year Ended December 31, 2021
($ in thousands)
Revenues
Sales revenue $ 470.0
Dividend revenue 21.0 $ 491.0
Expenses
Cost of goods sold 156.0
Salaries expense 61.0
Depreciation expense 3.0
Bad debt expense 1.0
Interest expense 44.0
Loss on sale of building 39.0
Income tax expense 52.0 356.0
Net income $ 135.0


Additional information from the accounting records:

  1. A building that originally cost $184,000, and which was three-fourths depreciated, was sold for $7,000.
  2. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
  3. Property was acquired by issuing a 13%, seven-year, $48,000 note payable to the seller.
  4. New equipment was purchased for $69,000 cash.
  5. On January 1, 2021, bonds were sold at their $43,000 face value.
  6. On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time.
  7. Cash dividends of $31,000 were paid to shareholders.
  8. On November 12, 12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000.

Required:
Prepare the statement of cash flows for Dux Company using the indirect method.

In: Accounting

j A medium containing substance that cause some bacteria to look differently than others is called...

j

A medium containing substance that cause some bacteria to look differently than others is called a differential medium. MSA is a medium that changes colors when S. aureus is present because that species can ferment the mannitol in the medium and cause a pH change. T or F

Calculation of Bacterial Counts from a Dilution Plate: A total of 145 colonies were counted on the plate that received 1.0 mL of the 1:10,000 dilution of a specimen. The bacterial count is obtained by multiplying the number counted on the plate multiplied by the dilution factor. What is the bacterial count for the original specimen?

1,450 colonies/mL

14,500 colonies/mL

145,000 colonies/mL

1,450,000 colonies/mL

14,500,000 colonies/mL

Indicate which of the following observations can be made when observing growth on Nutrient Agar.

opacity/clarity of colonies

color of colonies

shape and /or pattern of growth

none of the above

all the above

Macroscopic Observations: Colony characteristics on NA plates include the vertical dimension of a colony, which is referred to as its elevation. The terms crateriform, umbonate, convex, flat, and raised are all used to describe the elevate of a colony. T or F

Purpose of SIM (sulfur, indole, motility) Medium: What can be detected by using SIM medium?

motility

tryptophan degradation

H2S production

all the above

none of the above

Many bacteria can move using flagella. Motility can be observed by using Wet Mounts. Another way to differentiate motile versus nonmotile organisms is through the inoculation SIM medium. SIM medium is inoculated with bacteria in a straight line within the culture tube. Diffuse turbidity in the medium are indicative of motile organisms, and nonmotile bacteria will only grow along that line of inoculation. Motility is usually observed by using a _______ medium.

liquid

hard solid

semisolid

Tryptophan Hydrolysis Results: In the SIM test, Tryptophan hydrolysis results in the production of indole, which is detected by the addition of Kovac’s reagent. T or F

You have inoculated a SIM tube and 48 hours later the following results are recorded. The medium is black, turbid all over, and there is no red ring when you add Kovak’s reagent. Which of the following represent the correct interpretation of these results?

H2S +, Motile, Indole –

H2S +, Nonmotile, Indole +

H2S -, Nonmotile, Indole +

Mannitol Fermentation +, Nonmotile, Indole +

Mannitol Fermentation -, Motile, Indole +

In: Biology

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these...

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these two product lines appear below:

Xtreme Pathfinder
Selling price per unit $ 138.00 $ 90.00
Direct materials per unit $ 64.40 $ 51.00
Direct labor per unit $ 13.50 $ 9.00
Direct labor-hours per unit 1.5 DLHs 1.0 DLHs
Estimated annual production and sales 22,000 units 73,000 units

The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below:

Estimated total manufacturing overhead $ 2,438,000
Estimated total direct labor-hours 106,000 DLHs

Required:

1. Compute the product margins for the Xtreme and the Pathfinder products under the company’s traditional costing system.

2. The company is considering replacing its traditional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization-sustaining costs and idle capacity costs):

Estimated
Overhead Cost
Expected Activity
Activities and Activity Measures Xtreme Pathfinder Total
Supporting direct labor (direct labor-hours) $ 646,600 33,000 73,000 106,000
Batch setups (setups) 969,000 330 240 570
Product sustaining (number of products) 780,000 1 1 2
Other 42,400 NA NA NA
Total manufacturing overhead cost $ 2,438,000

Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system.

3. Prepare a quantitative comparison of the traditional and activity-based cost assignments.

Xtreme Pathfinder Total
% of % of
Amount Total Amount Amount Total Amount Amount
Traditional Cost System
Direct materials % %
Direct labor % %
Manufacturing overhead % %
Total cost assigned to products $0 $0 $0
Xtreme Pathfinder Total
% of % of
Amount Total Amount Amount Total Amount Amount
Activity-Based Costing System
Direct costs:
Direct materials % %
Direct labor % %
Indirect costs:
Supporting direct labor % %
Batch setups % %
Product sustaining % %
Total cost assigned to products $0 $0 $0
Costs not assigned to products:
Other
Total cost $0

In: Accounting

P1. The following trial balance was taken from the books of Coyote Company as of December31,...

P1. The following trial balance was taken from the books of Coyote Company as of December31, 2019.

       Account     ​​   Debit   ​Credit

Cash ​  ​​ $60,000

Accounts receivable ​​   50,000

Allowance for doubtful accounts   ​   ​   $ 1,000

Short-Term notes receivable      ​   20,000

Inventory, January 1, 2019         ​​    70,000

Furniture and equipment           ​   210,000

Accumulated depreciation of F & E   ​ ​   40,000

Patents​​   ​   100,000

Accounts payable       ​​​  22,000

Bonds payable​​​  20,000

L-T notes payable​​​  15,000

Common stock     ​​​ 290,000

Retained earnings   ​​​ 87,000

Dividends​   ​   20,000

Prior period adjustments​   10,000

Sales           ​​​700,000

Sales returns & allowance​   40,000

Sales discount​   10,000

Rent revenues​   60,000

Interest revenues​   10,000

Purchase         ​  ​​ 420,000

Purchase returns & allowance​   20,000

Selling expenses​   60,000

Advertising expense​   30,000

Supplies expense​​   6,000

Insurance expense​​   24,000

Wage and Salary expense     ​   90,000

Rent expense   ​​   60,000

Loss on sale of PS store before tax​​   10,000

Operating income from PS store before tax ​  ​ 25,000

Totals                   ​ ​​1,290,000 ​1,290,000

At the year end, the following items have not been recorded.

a. Insurance premium expired during the year, $14,000.

b. Estimated bad debts expense, 1.0% of net sales.

c. Inventory as of 12/31/2019 turned out to be $50,000.

d. Office supplies were purchased for $6,000 and charged to supplies expenses then. There are $2,000 of supplies remaining as of 12/31/2019

e. Six months’ rent of $60,000 was paid in advance on September 1, 2019 and charged to rent expense then.

f. Furniture and equipment have an average useful life of 5 years and salvage value of

$10,000. Coyote Company uses the straight-line method of depreciation.

g. Patents have been amortized by $10,000/year.

h. Utility bill of $2,000 for the month of December 2019 will be paid on its due date, January 10, 2020.

i. Salaries earned but not yet paid by December 31, 2019, $8,000.

j. Tax rate = 30%.

Instructions: prepare

1. Any necessary adjusting entries at the end of 2019.

2. Income Statement and statement of retained earnings, and balance sheet of the company for the year 2019 in good forms (i.e. multiple-steps statements)

3. Any necessary closing entries at the end of 2019

In: Accounting

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these...

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these two product lines appear below:

Xtreme Pathfinder
Selling price per unit $ 115.00 $ 85.00
Direct materials per unit $ 65.40 $ 53.00
Direct labor per unit $ 16.00 $ 10.00
Direct labor-hours per unit 1.6 DLHs 1.0 DLHs
Estimated annual production and sales 32,000 units 60,000 units

The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below:

Estimated total manufacturing overhead $ 1,779,200
Estimated total direct labor-hours 111,200 DLHs

Required:

1. Compute the product margins for the Xtreme and the Pathfinder products under the company’s traditional costing system.

2. The company is considering replacing its traditional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization-sustaining costs and idle capacity costs):

Estimated
Overhead Cost
Expected Activity
Activities and Activity Measures Xtreme Pathfinder Total
Supporting direct labor (direct labor-hours) $ 556,000 51,200 60,000 111,200
Batch setups (setups) 770,000 430 340 770
Product sustaining (number of products) 400,000 1 1 2
Other 53,200 NA NA NA
Total manufacturing overhead cost $ 1,779,200

Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system.

3. Prepare a quantitative comparison of the traditional and activity-based cost assignments.

Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations to 2 decimal places and "Percentage" answers to 1 decimal place.)

Xtreme Pathfinder Total
% of % of
Amount Total Amount Amount Total Amount Amount
Traditional Cost System
% %
% %
% %
Total cost assigned to products $0 $0 $0
Xtreme Pathfinder Total
% of % of
Amount Total Amount Amount Total Amount Amount
Activity-Based Costing System
Direct costs:
% %
% %
Indirect costs:
% %
% %
% %
Total cost assigned to products $0 $0 $0
Costs not assigned to products:
Total cost $0

In: Accounting

In 2015, the Keenan Company paid dividends totaling $2,340,000 on net income of $13.6 million. Note...

In 2015, the Keenan Company paid dividends totaling $2,340,000 on net income of $13.6 million. Note that 2015 was a normal year and that for the past 10 years, earnings have grown at a constant rate of 7%. However, in 2016, earnings are expected to jump to $20.4 million and the firm expects to have profitable investment opportunities of $10.2 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionally profitable new product line introduced that year. After 2016, the company will return to its previous 7% growth rate. Keenan's target capital structure is 40% debt and 60% equity.

Regular-dividend $
Extra dividend $
  1. Calculate Keenan's total dividends for 2016 assuming that it follows each of the following policies: (Write out your answers completely. For example, 25 million should be entered as 25,000,000.)
    1. Its 2016 dividend payment is set to force dividends to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.
      $

    2. It continues the 2015 dividend payout ratio. Round your answer to the nearest cent. Do not round intermediate calculations.
      $

    3. It uses a pure residual dividend policy (40% of the $10.2 million investment is financed with debt and 60% with common equity). Round your answer to the nearest cent.
      $

    4. It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual dividend policy. Round your answer to the nearest cent.

  2. Which of the preceding policies would you recommend?
    -Select-Policy 1Policy 2Policy 3Policy 4Item 6

  3. Assume that investors expect Keenan to pay total dividends of $7,000,000 in 2016 and to have the dividend grow at 7% after 2016. The stock's total market value is $200 million. What is the company's cost of equity? Round your answer to two decimal places.
    %

  4. What is Keenan's long-run average return on equity? [Hint: g = Retention rate x ROE = (1.0 - Payout rate)(ROE).] Do not round intermediate calculations. Round your answer to two decimal places.
    %

  5. Does a 2016 dividend of $7,000,000 seem reasonable in view of your answers to parts c and d? If not, should the dividend be higher or lower?
    -Select-YesNo, it should be lowerNo, it should be higher

In: Accounting

The mean cholesterol levels of women age 45-59 in Ghana, Nigeria, and Seychelles is 5.1 mmol/l...

The mean cholesterol levels of women age 45-59 in Ghana, Nigeria, and Seychelles is 5.1 mmol/l and the standard deviation is 1.0 mmol/l. Assume that cholesterol levels are normally distributed and a random sample of 24 women are selected.

It is possible with rounding for a probability to be 0.0000.

a) Identify the individual, variable, type of variable and the random variable X in the context of this problem. The individual is

The variable information collected from each individual is Select an answer This variable is

The random variable X is as follows:

b) List the givens with the correct symbols.

? = 5.1 mmol/l

? = 1 mmol/l

? = 24

c) Identify the random variable ¯¯¯ X in the context of this problem.

d) Find the mean of the sampling distribution of the sample mean. Put the numeric value in the first box and the correct units in the second box.

e) Find the standard deviation of the sampling distribution of the sample mean. Put the numeric value rounded to two decimal places in the first box and the correct units in the second box.

f) What is the shape of the sampling distribution of the sample mean?

Why? Check all that apply:

n is less than 30 n is at least 30

population is not normal

σ is known

population is normal

σ is unknown

g) Find the probability that the sample mean cholesterol level of the 24 randomly selected women age 45-59 in Ghana, Nigeria, and Seychelles is less than 5.3 mmol/l.

Round final answer to 4 decimal places.

DO NOT use the rounded standard deviation from part e in this computation.

Use the EXACT value of the standard deviation with the square root.

h) Find the probability that the sample mean cholesterol level of the 24 randomly selected women age 45-59 in Ghana, Nigeria, and Seychelles is more than 5.64 mmol/l.

Round final answer to 4 decimal places.

DO NOT use the rounded standard deviation from part e in this computation.

Use the EXACT value of the standard deviation with the square root.

i) Is a mean cholesterol level of 5.64 mmol/l unusually high for 24 randomly selected women age 45-59 in Ghana, Nigeria, and Seychelles?

j) If you found a mean cholesterol level for a sample of 24 women age 45-59 in Ghana, Nigeria, and Seychelles as high as 5.64 mmol/l, what might you conclude?

In: Statistics and Probability

Pendergast, Inc., has no debt outstanding and a total market value of $220,000. Earnings before interest...

Pendergast, Inc., has no debt outstanding and a total market value of $220,000. Earnings before interest and taxes, EBIT, are projected to be $42,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 20 percent higher. If there is a recession, then EBIT will be 30 percent lower. Pendergast is considering a $66,000 debt issue with an interest rate of 6 percent. The proceeds will be used to repurchase shares of stock. There are currently 10,000 shares outstanding. Ignore taxes for questions a and b. Assume the company has a market-to-book ratio of 1.0.

  

a-1

Calculate return on equity (ROE) under each of the three economic scenarios before any debt is issued. (Round your answers to 2 decimal places. (e.g., 32.16))

  

ROE
  Recession %  
  Normal %  
  Expansion %  

  

a-2

Calculate the percentage changes in ROE when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign.)

  

% change in ROE
  Recession %  
  Expansion %  

  

Assume the firm goes through with the proposed recapitalization.
b-1

Calculate the return on equity (ROE) under each of the three economic scenarios. (Round your answers to 2 decimal places. (e.g., 32.16))

  

ROE
  Recession %  
  Normal %  
  Expansion %  

  

b-2

Calculate the percentage changes in ROE when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))

  

% change in ROE
  Recession %  
  Expansion %  

  

Assume the firm has a tax rate of 35 percent.

  

c-1

Calculate return on equity (ROE) under each of the three economic scenarios before any debt is issued. (Round your answers to 2 decimal places. (e.g., 32.16))

  

ROE
  Recession %  
  Normal %  
  Expansion %  

  

c-2

Calculate the percentage changes in ROE when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign.)

  

% change in ROE
  Recession %  
  Expansion %  

  

c-3

Calculate the return on equity (ROE) under each of the three economic scenarios assuming the firm goes through with the recapitalization. (Round your answers to 2 decimal places. (e.g., 32.16))

  

ROE
  Recession %  
  Normal %  
  Expansion %  

  

c-4

Given the recapitalization, calculate the percentage changes in ROE when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))

  

% change in ROE
  Recession %  
  Expansion %  

In: Finance