Questions
1)Lexical heads are typically Select one: a. closed class lexical items b. phonologically null c. no...

1)Lexical heads are typically

Select one:

a. closed class lexical items

b. phonologically null

c. no class lexical items

d. open class lexical items

2)The subject of the sentence `the woman with a big dog on a flimsy leash in the public park behind my house saw a horse' is:

Select one:

a. the woman with a big dog

b. the woman

c. the woman with a big dog on a flimsy leash in the public park behind my house

d. the woman with a big dog on a flimsy leash in the public park

3)How many PPs are there in the sentence `the woman with a big dog on a flimsy leash in the public park behind my house saw a horse'?

Select one:

a. 3

b. 4

c. 2

d. 1

4)Which sequences of words can we perform 'it-substitution' on in the following sentence: `the proposal of Trump is very stupid'?

Select one:

a. proposal of

b. the proposal of Trump

c. Trump is

d. the proposal

In: Psychology

The following draft trial balance has been produced for Bodurm plc for the year to 30...

The following draft trial balance has been produced for Bodurm plc for the year to 30 April 2020.

£000

£000

Revenue

6,475

Opening inventory

1,200

Purchases

2,570

Administrative expenses

420

Distribution costs

227

Cash at bank

112

6% Bank loan repayable in 2026

1,050

Bank loan interest paid

63

Interim dividend paid

170

Land cost

2,100

Buildings cost

2,350

Plant and equipment cost

1,077

Motor vehicles cost

252

Accumulated depreciation at 1 May 2019:

Buildings

564

Plant and equipment

621

Motor vehicles

84

Retained earnings at 1 May 2019

333

Ordinary share capital

2,310

Trade receivables/payables

1,400

677

Intangible assets

400

Intangible amortisation at 1 May 2019

80

Under provision of income tax in the previous year

19

Deferred tax at 1 May 2019

133

Suspense

33

12,360

12,360

You are given the following information:

  1. Depreciation for the year has not been provided. The depreciation policy is as follows:

Plant and equipment        25% reducing balance, charged to cost of sales

Buildings                            2% straight-line, charged to administrative expenses

Motor vehicles                   Straight line over a 6-year life, charged to distribution costs

Depreciation is charged in full in the year of purchase, but none is charged in the year of disposal

  1. The directors of Bodurm plc have decided to adopt a policy of revaluing all its buildings to reflect current fair values. The fair value of the buildings is determined by an independent surveyor to be £2,625,000 as at 30 April 2020. The revaluation does not give rise to a deferred tax liability.
  1. Intangible assets, representing a customer list acquired in the year to 30 April 2019, are being amortised straight-line over their remaining life of 5 years. Amortisation is to be charged to administrative expenses.

  1. Corporation tax for the year to 30 April 2020 is to be provided at £220,000, and the deferred tax liability should be decreased by £28,000.
  1. At 30 April 2020 Bodurm plc disposed of an item of plant for £33,000. The disposed plant had a cost of £131,000 and a carrying value of £56,000. The only entry made into the accounts were the disposal proceeds recorded in the cash at bank account with the corresponding entry into the suspense account.
  1. At 30 April 2020 the company adopted a new accounting policy regarding the measurement of inventories. If the new policy had been applied last year, the company’s inventory at 30 April 2019 would have been £350,000 higher than the amount originally calculated. This new policy has not been updated in the account balances above.
  1. Inventory at 30 April 2020 is £1,200,000 reflecting the new valuation policy.

YOU ARE REQUIRED TO:

Prepare in a format suitable for publication for Bodurm plc:

  1. A Statement of profit or loss and other comprehensive income for the year ended 30 April 2020;

                                                                                     

  1. A Statement of changes in equity for the year ended 30 April 2020;

                                                                                     

  1. A Statement of financial position at 30 April 2020.

                                                                                     

All calculations should be to the nearest £000

Type or paste question here

In: Accounting

Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against...

Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about the value of a population parameter that we are interested in. Hypothesis testing is a process followed to arrive at a decision between 2 competing, mutually exclusive, collective exhaustive statements about the parameter’s value.

Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled. A production manager randomly samples a batch and measures the following weights:

Weight, (lbs)

45.6     49.5

47.7     46.7

47.6     48.8

50.5     48.6

50.2     51.5

46.9     50.2

47.8     49.9

49.3     49.8

53.1     49.3

49.5     50.1

To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level α = 0.05.

In a minimum of 175 words, respond to the following:

  • State appropriate null (Ho) and alternative (H1) hypotheses.
  • What is the critical value if we work with a significant level α = 0.05?
  • What is the decision rule?
  • Calculate the test statistic.
  • Are the bags indeed being underfilled?
  • Should machinery be recalibrated?

In: Statistics and Probability

Many governments in the world signed and ratified the Kyoto Accord’s limitations on emissions of greenhouse...

Many governments in the world signed and ratified the Kyoto Accord’s limitations on emissions of greenhouse gases toretard the depletion of ozone in the atmosphere—a collective good (e.g., less ozone depletion). The United States [under the second Bush’s administration] has refused to accept and ratify the accord. President Trump said he would not recognize the United States’ obligation with the Paris agreement, the first international treaty to mitigate global warming.

Q. 2a) Why does this refusal by the hegemonic power and by far the leading producer of greenhouse gas emissions (Let’s assume that this is the United States) hurt other countries? [Hint: Think about the relationship between “the creation of negative externalities” and “involuntary consumption”]

Q. 2b) How will other governments react if we assume a Tit-for-Tat strategy is necessary to induce international cooperation?

Q. 2c) How would you advise the members of an international environmental organization to obtain U.S. cooperation through its appeal to U.S. constituents? [Hint: Policy decision-makers are fully aware of how they can achieve a better outcome through reciprocal cooperation, but their policy choices are constrained by their domestic constituency interests, often leading to their decisions to be suboptimal]

In: Economics

Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against...

Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about the value of a population parameter that we are interested in. Hypothesis testing is a process followed to arrive at a decision between 2 competing, mutually exclusive, collective exhaustive statements about the parameter’s value.

Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled. A production manager randomly samples a batch and measures the following weights:

Weight, (lbs)

45.6     49.5

47.7     46.7

47.6     48.8

50.5     48.6

50.2     51.5

46.9     50.2

47.8     49.9

49.3     49.8

53.1     49.3

49.5     50.1

To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level α = 0.05.

In a minimum of 175 words, respond to the following:

  • State appropriate null (Ho) and alternative (H1) hypotheses.
  • What is the critical value if we work with a significant level α = 0.05?
  • What is the decision rule?
  • Calculate the test statistic.
  • Are the bags indeed being underfilled?
  • Should machinery be recalibrated?

In: Statistics and Probability

Protrade Corporation acquired 80 percent of the outstanding voting stock of Seacraft Company on January 1,...

Protrade Corporation acquired 80 percent of the outstanding voting stock of Seacraft Company on January 1, 2017, for $408,000 in cash and other consideration. At the acquisition date, Protrade assessed Seacraft's identifiable assets and liabilities at a collective net fair value of $535,000 and the fair value of the 20 percent noncontrolling interest was $102,000. No excess fair value over book value amortization accompanied the acquisition.

The following selected account balances are from the individual financial records of these two companies as of December 31, 2018:

Protrade Seacraft
Sales $ 650,000 $ 370,000
Cost of goods sold 295,000 202,000
Operating expenses 151,000 106,000
Retained earnings, 1/1/18 750,000 190,000
Inventory 347,000 111,000
Buildings (net) 359,000 158,000
Investment income Not given 0

Protrade sells Seacraft a building on January 1, 2017, for $82,000, although its book value was only $51,000 on this date. The building had a five-year remaining life and was to be depreciated using the straight-line method with no salvage value.
Determine balances for the following items that would appear on consolidated financial statements for 2018:

Buildings (net)

Operating expenses

Net income attributable to non-controlling interest

In: Accounting

Question 5 What is the name for the process of getting things done effectively and efficiently...

Question 5

What is the name for the process of getting things done effectively and efficiently through and with other people?

leadership

supervision

effectiveness

management

Question 6 Management competencies include all of the following except?

interpersonal

technical

perceptual

conceptual

Question 7 The ability to influence others to act in a particular way through direction, encouragement, sensitivity, consideration, and support is called?

management

leadership

emotional labor

the Peter Approach

Question 8 What do employers seek when they are looking for "groupings" of collective skills and knowledge?

top talent known as "superstars"

management competencies

hospitality-specific categorical classifications

none of the above is correct

Question 9

Some traits of successful individuals in our industry, as mentioned by Aimee Mangold of KOLTER Hospitality included: drive, intelligence, self-confidence, the desire to influence others, relevant knowledge, and honesty/moral character. Unfortunately, these same traits do not apply to other fields outside of the hospitality and tourism industry to any great extent.

True

False

Question 10

The flow of information and ideas from one person to another involving a sender, method of transmitting the idea or content, and receiver is best known as interpersonal ability.

True

False

In: Operations Management

Lydo Cinema Chain based in Melbourne, owns three cinemas in the suburbs of Camberwell, South Yarra...

Lydo Cinema Chain based in Melbourne, owns three cinemas in the suburbs of Camberwell, South Yarra and Ringwood. It has prepared budgets for the coming year based upon a ticket price of $20. Particulars Camberwell South Yarra Ringwood Budgeted revenue from ticket sales 1,500,000 1,250,000 750,000 Costs: Film license 510,000 390,000 380,000 Wages and salaries 295,000 265,000 175,000 Overheads 495,000 395,000 345,000 Total costs 1,300,000 1,050,000 900,000 Included in the overhead figures are the Head Office fixed costs that amount to $750,000, these have been allocated to each cinema based on budgeted ticket receipts. All other costs are variable. The top management is concerned about the Ringwood cinema and the fact that it is showing a budgeted loss and is considering closing the cinema and selling the site to a Property Developer. Required: (a) Prepare marginal costing income statements to show contributions for each cinema and contribution and profit for the overall chain based on the original budget. (b) Prepare marginal costing income statements to show contributions for each cinema and contribution and profit for the overall chain assuming Ringwood cinema is closed. (c) Based on your calculations in requirement (b) above, do you think that Ringwood cinema should be closed? Justify your answer with appropriate explanation. (d) What is the contribution per ticket sale at each cinema? (e) What is the margin of safety in revenue for the chain at the budgeted level of activity if the Ringwood cinema is kept open? (f) What is the margin of safety in revenue for the chain at the budgeted level of activity if the Ringwood cinema is closed? (g) If the Ringwood cinema is kept open, management would like to increase its profitability. One suggestion is that ticket sales at Ringwood cinema can be increased by 60% by an advertising campaign directed at Ringwood that will add $20,000 to the chain's fixed costs. Do you think that the advertising campaign should be undertaken to improve the cinema's profitability? Give reasons for your decision.

In: Accounting

Lydo Cinema Chain based in Melbourne, owns three cinemas in the suburbs of Camberwell, South Yarra...

Lydo Cinema Chain based in Melbourne, owns three cinemas in the suburbs of Camberwell, South Yarra and Ringwood. It has prepared budgets for the coming year based upon a ticket price of $20.

Particulars

Camberwell

South Yarra

Ringwood

Budgeted revenue from ticket sales

1,500,000

1,250,000

750,000

Costs:

Film license

510,000

390,000

380,000

Wages and salaries

295,000

265,000

175,000

Overheads

495,000

395,000

345,000

Total costs

1,300,000

1,050,000

900,000

Included in the overhead figures are the Head Office fixed costs that amount to $750,000, these have been allocated to each cinema based on budgeted ticket receipts. All other costs are variable. The top management is concerned about the Ringwood cinema and the fact that it is showing a budgeted loss and is considering closing the cinema and selling the site to a Property Developer.

Required:

  1. Prepare marginal costing income statements to show contributions for each cinema and contribution and profit for the overall chain based on the original budget.
  1. Prepare marginal costing income statements to show contributions for each cinema and contribution and profit for the overall chain assuming Ringwood cinema is closed.
  1. Based on your calculations in requirement (b) above, do you think that Ringwood cinema should be closed? Justify your answer with appropriate explanation.
  1. What is the contribution per ticket sale at each cinema?
  1. What is the margin of safety in revenue for the chain at the budgeted level of activity if the Ringwood cinema is kept open?
  1. What is the margin of safety in revenue for the chain at the budgeted level of activity if the Ringwood cinema is closed?
  1. If the Ringwood cinema is kept open, management would like to increase its profitability. One suggestion is that ticket sales at Ringwood cinema can be increased by 60% by an advertising campaign directed at Ringwood that will add $20,000 to the chain's fixed costs. Do you think that the advertising campaign should be undertaken to improve the cinema's profitability? Give reasons for your decision.

In: Accounting

Exercise 22-19 A partial trial balance of Kingbird Corporation is as follows on December 31, 2018....

Exercise 22-19 A partial trial balance of Kingbird Corporation is as follows on December 31, 2018. Dr. Cr. Supplies $2,500 Salaries and wages payable $1,500 Interest Receivable 5,400 Prepaid Insurance 90,600 Unearned Rent 0 Interest Payable 13,900 Additional adjusting data: 1. A physical count of supplies on hand on December 31, 2018, totaled $1,000. 2. Through oversight, the Salaries and Wages Payable account was not changed during 2018. Accrued salaries and wages on December 31, 2018, amounted to $4,000. 3. The Interest Receivable account was also left unchanged during 2018. Accrued interest on investments amounts to $4,800 on December 31, 2018. 4. The unexpired portions of the insurance policies totaled $59,200 as of December 31, 2018. 5. $29,500 was received on January 1, 2018, for the rent of a building for both 2018 and 2019. The entire amount was credited to rent revenue. 6. Depreciation on equipment for the year was erroneously recorded as $5,200 rather than the correct figure of $52,000. 7. A further review of depreciation calculations of prior years revealed that equipment depreciation of $7,900 was not recorded. It was decided that this oversight should be corrected by a prior period adjustment.

Assuming that the books have not been closed, what are the adjusting entries necessary at December 31, 2018? (Ignore income tax considerations.)

Assuming that the books have been closed, what are the adjusting entries necessary at December 31, 2018? (Ignore income tax considerations.)

Pass the necessary adjusting entries for the following taking into account income tax effects (40% tax rate) and assuming that the books have been closed.

1. Depreciation on equipment for the year was erroneously recorded as $5,200 rather than the correct figure of $52,000.
2. A further review of depreciation calculations of prior years revealed that equipment depreciation of $7,900 was not recorded. It was decided that this oversight should be corrected by a prior period adjustment.

In: Finance