The balance in Unearned Revenues prior to adjustment was $3,650. If the amount still unearned as of the end of the period is $1,900?, the adjusting entry needed would be? to:

A.

debit Unearned Service? Revenue,

$1,750?;

credit Service? Revenue,

$1,750.

B.

debit? Cash,

$3,650?;

credit Unearned Service? Revenue,

$3,650.

C.

debit Service? Revenue,

$1,750?;

credit Unearned Service? Revenue,

$1,750.

D.

debit Unearned Service? Revenue,

$1,900?;

credit Service? Revenue,

$1,900.

Of the? following, which is NOT classified as an investing activity on the Statement of Cash? Flows?

A.

Selling goods and services

B.

Collecting the principal on loans

C.

Purchasing land

D.

Sale of equipment for cash

38) The balance in Unearned Revenues prior to adjustment was $3,650. If the amount still unearned as of the end of the period is $1,900, the adjusting entry needed would be to: A. debit Unearned Service Revenue, $1,750; credit Service Revenue, $1,750. B. debit Cash, $3,650; credit Unearned Service Revenue, $3,650. C. debit Service Revenue, $1,750; credit Unearned Service Revenue, $1,750. D. debit Unearned Service Revenue, $1,900; credit Service Revenue, $1,900. 39) Of the following, which is NOT classified as an investing activity on the Statement of Cash Flows? A. Selling goods and services B. Collecting the principal on loans C. Purchasing land D. Sale of equipment for cash

Question 12 pts

(CO 1) A survey of 1272 pre-owned vehicle shoppers found that 8% bought the extended warranties. What is the population and what is the sample?

Group of answer choices

Population: pre-owned vehicle shoppers; Sample: the 8% that bought extended warranties

Population: 1272 pre-owned vehicle shoppers; Sample: the 8% that bought extended warranties

Population: pre-owned vehicle shoppers; Sample: 1272 pre-owned vehicle shoppers

Population: 1272 pre-owned vehicle shoppers; Sample: pre-owned vehicle shoppers

Question 22 pts

(CO 1) A survey of 481 of your customers shows that 79% of them like the recent changes to the product. Is this percentage a parameter or a statistic and why?

Group of answer choices

Parameter as it represents the population

Statistic as it represents the sample

Parameter as it represents the sample

Statistic as it represents the population

Question 32 pts

(CO 1) Classify the data of the number of customers at a restaurant.

Group of answer choices

Quantitative

Qualitative

Statistics

Classical

Question 42 pts

(CO 1) The data set that lists the temperatures in Albany, NY each day in the month of February would be classified as what type of data?

Group of answer choices

Ratio

Interval

Nominal

Ordinal

Question 52 pts

(CO 1) A data set that includes the number of products that were produced within each hour by a company would be classified as what type of data?

Group of answer choices

Ratio

Ordinal

Interval

Nominal

Question 62 pts

(CO 1) What type of data collection might be best to estimate the impact of exercise on longevity?

Group of answer choices

Observational

Experiment

Simulation

Survey

Question 72 pts

(CO 1) What type of data collection might be best to study how voters might decide an upcoming ballot issue?

Group of answer choices

Observational

Simulation

Survey

Experiment

Question 82 pts

(CO 1) You need to study the satisfaction of customers of a specific restaurant. You decide to randomly select a few tables and talk to everyone at those selected tables. This would most closely describe which type of sampling technique?

Group of answer choices

Stratified

Random

Systematic

Cluster

Question 92 pts

(CO 2) Which of the following graphs would be a line graph?

Group of answer choices

a

b

c

d

Question 102 pts

(CO 1) In a normally distributed data set of how long customers stay in your store, the mean is 44.8 minutes and the standard deviation is 2.6 minutes. Within what range would you expect 95% of your customers to stay in your store?

Group of answer choices

37.0-52.6

2.6-44.8

39.6-50.0

42.2-47.4

Question 112 pts

(CO 1) Which of the following graphs would be considered a uniform distribution?

Group of answer choices

a

b

c

d

Question 122 pts

(CO 1) In a normally distributed data set with a mean of 19 and a standard deviation of 2.6, what percentage of the data would be between 13.8 and 24.2?

Group of answer choices

68% based on the Empirical Rule

95% based on the Empirical Rule

68% based on the histogram

95% based on the histogram

Question 132 pts

(CO 1) Which of the following would be the standard deviation for this sample data set: 5, 7, 6, 9, 6, 4, 4, 6, 5, 9, 3?

Group of answer choices

1.94

2.91

1.85

5.82

Question 142 pts

(CO 1) What would be the mean of this data set: 8, 9, 7, 508, 7, 1, 5, 8, 1?

Group of answer choices

61.6

50.8

33.8

5.8

Question 152 pts

(CO 1) A researcher wants to study the effects of playing video games 24-7 for a week. What type of study would be best suited to make this determination?

Group of answer choices

Experimental

Simulation

Survey

Observational

Question 162 pts

(CO 1) To gather information on customer satisfaction, a researcher goes into several stores and interviews randomly selected customers. This sampling technique is called:

Group of answer choices

Convenience

Stratified

Random

Cluster

Question 172 pts

(CO 1) What is the standard deviation and its meaning given this population of customer ages? 45, 76, 30, 22, 24, 40, 63, 66, 27

Group of answer choices

18.1 which means that many of the ages will be within this value of the average age

19.2 which means that many of the ages will be within this value of the average age

19.2 which means that many of the ages will be around the square of this value

18.1 which means that many of the ages will be around this value

Question 182 pts

(CO 1) What is the mode of the following data set?

2, 2, 3, 3, 4, 4, 5, 5, 6, 6, 7, 7, 8, 8

Group of answer choices

no mode

2, 3, 4, 5, 6, 7, and 8

2

2, 4, 5, and 7

Mapping traits to a chromosome

Fruit flies have four chromosomes. Fruit flies also have a number of body markers that are useful for mapping genes to given chromosomes. Chromosome I is the X chromosome, which has eye color alleles w+ (red eyes, dominant) and w- (white eyes, recessive). Curly O (Cyo), located on chromosome II, is a dominant marker mutation which causes the wings to curl on the ends instead of beings straight (WT). Stubble (Sb), a dominant marker mutation located on chromosome III, causes the fly’s normally (WT) long and slender bristles to be short and stubbly. (Chromosome IV is very tiny, and has very few genes on it, so we'll ignore it for this problem.)

You have a new mutation that causes the fly to have four antennae instead of two, which you've named double. This mutation is dominant to the wild type allele (two antennae). You want to know which chromosome it is on, so you perform tests for linkage of double to the three markers on the three major chromosomes. Assume all parents are pure-breeding.

Cross I: Test for linkage with white You cross a white-eyed female with two antennae to a red-eyed male with four antennae. Offspring: 405 females with red eyes and four antennae 399 males with white eyes and four antennae

Cross 2: Testing for linkage with CyO and Sb You cross a fly with four antennae to a fly with curly wings and stubbly bristles. The offspring all have four antennae, curly wings, and stubbly bristles. You cross one of these F1 hybrid offspring to a WT fly (all recessive), and get the following outcomes: 226 curly wings, stubbly bristles, two antennae 224 straight wings, stubbly bristles, two antennae 223 curly wings, long bristles, four antennae 227 straight wings, long bristles, four antennae 23 curly wings, stubbly bristles, four antennae 24 straight wings, stubbly bristles, four antennae 26 curly wings, long bristles, two antennae 27 straight wings, long bristles, two antennae

To which of the three markers is double linked?

Which chromosome is it on?

Calculate the distance between double and that marker, showing your calculations below.


3. Armani plans to launch a new series of 3 suits called the Chester, Briarcliff, and Stonebridge (C, B, and S). Each suit is made of a different material. The prices of the suits are $1400, $1100 and $700 respectively. The cost of the materials and unit production costs were $400, $300, and $200. The design cost for the series was $3M and promotional spending was $4M. Assuming that the sales mix for the three suits will be 2:3:5 respectively, a. Calculate the breakeven quantity for each suit. [3] b. Assume that Armani was able to acquire 100,000 customers from the $7M. If the discount rate is 8% and the retention rates in each period for segments C, B and S are 70%, 75%, and 80% respectively. Calculate the CLV for each segment (use the sales mix to determine the number of customers acquired in each segment and the total contribution from part (a) for margins). [5] c. Suppose Armani is considering an increase in margin of 7% per year. Calculate CLV for segment S. [2] d. Suppose the demand last year for Chester suit was 60,000 units at the original $1400 price. How much profit did they make last year, assuming that the fixed cost is distributed equally across the models? [2]

Smart Science School is a new private primary school that is established in Sohar, and its automated system is not yet in place. The school has identified three significant registration process which includes: a) Information where inquiries are answered, and forms are distributed where estimated time could be from 2 minutes to 15 minutes; b) Assessment where the forms are submitted, and the cost will be calculated with an estimated time of 5 minutes; c) Payment where the calculated amount will be paid, and cash receipts will be given and are expected to be 3 minutes. There are 3,500 students, and it is expected that at any given time, the expected influx of customers to be 75. The school is open for 8 hours a day. a) Design a floor plan which also illustrates the registration process, why that is the most appropriate design for the school. b) Identify and justify which service discipline that you intended to follow by mentioning the possible problems or challenges that will be avoided. c) Identify and justify the appropriateness of the structure (systems) of the waiting line situation. d) Based on your answer in letter c, explain the process of how the structure of the line situation will work. e) How many employees for each process you need to ensure all customers will be served. justfy

The following are some “suspicions”; you have been requested to select some effective extended procedures designed to confirm or deny the suspicions. Required: Write the suggested procedures for each case in definite terms so another person can know what to do. a. The custodian of the petty cash fund may be removing cash on Friday afternoon to pay for weekend activities. b. A manager noticed that eight new vendors were added to the purchasing department’s approved vendor list after the assistant purchasing agent was promoted to chief agent three weeks ago. She suspects all or some of them might be fictitious companies set up by the new chief purchasing agent. c. The payroll supervisor may be stealing unclaimed paychecks of employees who resigned and did not collect their last check. d. Although no customers have complained, cash collections on accounts receivable have decreased and the counter clerks may have stolen customers’ payments. e. The cashier may have “borrowed” cash receipts, covering this by holding each day’s deposit until cash from the next day(s) collection is enough to make up the shortage from an earlier day and then sends the deposit to the bank

Researchers gave 40 index cards to a waitress at an Italian restaurant in New Jersey. Before delivering the bill to each customer, the waitress randomly selected a card and wrote on the bill the same message that was printed on the index card. Twenty of the cards had the message "The weather is supposed to be really good tomorrow. I hope you enjoy the day!" Another 20 cards contained the message "The weather is supposed to be not so good tomorrow. I hope you enjoy the day anyway!" After the customers left, the waitress recorded the amount of the tip (percent of bill) before taxes. Here are the tips for those receiving the good-weather message:

21.2   19.1   20.3   20.6   22.4   23.5   23.3   25.2   22.6   20.3

24.9   22.3   27.0   20.9   22.6   24.4   21.6   22.4   22.3   23.2

The tips for the 20 customers who received the bad-weather message are listed here:

18.0   19.3   19.4   19.1   18.4   19.5   18.7   16.3   16.8   14.3

17.0   14.1   17.8   20.2   20.7   19.2   18.0   23.3   18.7   19.8

What is the two-sample t test statistic? (Round your answer to three decimal places.)
t =   

The following are some “suspicions”; you have been requested to select some effective extended procedures designed to confirm or deny the suspicions.

Required:
Write the suggested procedures for each case in definite terms so another person can know what to do.
a. The custodian of the petty cash fund may be removing cash on Friday afternoon to pay for weekend activities.
b. A manager noticed that eight new vendors were added to the purchasing department’s approved vendor list after the assistant purchasing agent was promoted to chief agent three weeks ago. She suspects all or some of them might be fictitious companies set up by the new chief purchasing agent.
c. The payroll supervisor may be stealing unclaimed paychecks of employees who resigned and did not collect their last check.
d. Although no customers have complained, cash collections on accounts receivable have decreased and the counter clerks may have stolen customers’ payments.
e. The cashier may have “borrowed” cash receipts, covering this by holding each day’s deposit until cash from the next day(s) collection is enough to make up the shortage from an earlier day and then sends the deposit to the bank

The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.

Table: Invoice Experiment Error

Customer Size: Small (-), Large (+)

Customer Location: Foreign (-), Domestic (+)

Product Type: Commodity (-), Specialty (=)

Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation. New York: McGraw-Hill, 1991)

Use the date in table above and answer the following questions in the space provided below:

1. What is the nature of the effects of the factors studied in this experiment?
2. What strategy would you use to reduce invoice errors, given the results of this experiment?

PLEASE ANSWER IN 30 MINUTES

PC.52 At the start of the semester Custom Kicks personnel were struggling to quickly customize their shoe inserts to their customers' feet. This hurt sales as customers became frustrated during the customization process and would hesitate to refer friends. During week three of running the business, it took an average employee about 20 minutes to customize one pair of inserts. Recognizing this challenge, management and key employees analyzed the customization process and made some time-saving changes. Two weeks later, after training all employees on the new process, an average employee could customize a pair of inserts in about 14 minutes. In this case, what is the output that should be used for productivity calculations? 1 pair (of customized inserts) 20 minutes 14 minutes After making the time-saving changes mentioned above, how many pair of inserts could an average employee complete in one hour? (Display your answer to two decimal places.) After making the time-saving changes mentioned above, by what percentage did Custom Kicks' productivity increase? (Write your answer as a percentage, and display your answer to two decimal places.) %