Government and Not for Profit Accounting Even programs involving relatively subjective judgments can readily be audited.
A Department of Housing and Urban Development (HUD) program is aimed at conserving and rehabilitating blighted but salvageable urban areas. One element of the program provides that HUD will make rehabilitation grants and low-interest loans to property owners to help them finance the repairs needed to bring their properties into compliance with housing codes.
When Congress authorized the program, it did not establish specific criteria as to what constitutes a "blighted but salvageable" area; it left that up to HUD.
A preliminary survey by the GAO has indicated that HUD is directing funds to areas that were far too deteriorated for conservation and rehabilitation to work.
Suppose that you are assigned to the engagement. Outline an approach that you would take to support (or reject) the findings of the preliminary survey.
In: Accounting
A point charge q is placed a distance L from a grounded plate (z=0). Calculate the charge distribution on the plate.
In: Physics
Hello. I am attempting to test kidney stone solubility by using titration methods. I want to set up an experiment that incorporates lemon juice and EDTA solution to dissolve an artificial kidney stone. I need to find a procedure that includes: lemon juice, kidney stone(calcium oxalate), EDTA, and titration methods. Please be as detailed as possible with step-by-step instructions. Thank you.
In: Chemistry
Describe the several different factors controlling the rate and velocity of blood flow through vessels. Also, explain how the heart and blood vessels assure one-way blood flow through the heart, lungs, and body.
In: Anatomy and Physiology
In: Other
Discuss the problems of monopoly and how to control monopoly firms with taxation. Show how a monopolist discriminates two different markets with price(with graph)
In: Economics
You are asked to design a spring that will give a 1080 kg satellite a speed of 2.65 m/s relative to an orbiting space shuttle. Your spring is to give the satellite a maximum acceleration of 5.00g. The spring's mass, the recoil kinetic energy of the shuttle, and changes in gravitational potential energy will all be negligible.
A)What must the force constant of the spring be?
Take the free fall acceleration to be g = 9.80 m/s2 .
b)What distance must the spring be compressed?
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In: Physics
A 2000-kg truck is sitting at rest (in neutral) when it is rear-ended by a 1000-kg car going 20m/s .After the collision, the two vehicles stick together.
1)What is the final speed of the car-truck combination?
2)What is the kinetic energy of the two-vehicle system before the collision?
3)What is the kinetic energy of the system after the collision?
4) Based on the results of the previous parts, what can you conclude about which type of collision this is? Elastic, Inelastic, or totally inelastic?
5) Calculate the coefficient of restitution for this collision.
In: Physics
ment advisors recommend risk reduction through international diversification. International investing allows you to take advantage of the potential for growth in foreign economies, particularly in emerging markets. Janice Wong is considering investment in either Europe or Asia. She has studied these markets and believes that both markets will be influenced by the U.S. economy, which has a 19% chance for being good, a 48% chance for being fair, and a 33% chance for being poor. Probability distributions of the returns for these markets are given in the accompanying table.
| State of the U.S. Economy | Returns in Europe | Returns in Asia | ||||
| Good | 16 | % | 24 | % | ||
| Fair | 3 | % | 9 | % | ||
| Poor | −4 | % | −9 | % | ||
a. Find the expected value and the standard deviation of returns in Europe and Asia. (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.)
b. What will Janice pick as an investment if she is risk neutral?
Investment in Europe
Investment in Asia
In: Math
In a paragraph or two, note an additional point that might be added to the five that are listed. Base your response on what you’ve learned from the course—using any chapter from the book as the basis for your additional point. Be sure to support your point with the reason that you’ve added it to the list of five—how is it relevant?
In: Biology
Present entries to record the following summarized operations
related to production for a company using a job order cost
system:
| (a) | Materials purchased on account | $176,000 | |
| (b) | Prepaid expenses incurred on account | 12,200 | |
| (c) | Materials requisitioned: | ||
| For production orders | 153,700 | ||
| For general factory use | 2,700 | ||
| (d) | Factory labor used: | ||
| On production orders | 141,300 | ||
| For general factory purposes | 12,000 | ||
| (e) | Depreciation on factory equipment | 37,000 | |
| (f) | Expiration of prepaid expenses, chargeable to factory | 6,100 | |
| (g) | Factory overhead costs incurred on account | 76,000 | |
| (h) | Factory overhead applied, based on machine hours | 105,300 | |
| (i) | Jobs finished | 415,300 | |
| (j) | Jobs shipped to customers: | ||
| Selling price (assume all sold on account) | 638,000 | ||
| Cost of goods sold | 412,000 |
If an amount box does not require an entry, leave it blank.
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In: Accounting
b. Illustrate and explain in detailhow a perfectly competitive firm uses MR and
MC to identify its profit-maximizing output.
c. Once a firm has identified its profit-maximizing output, will the firm necessarily
be earning economic profit at that output? Explain in detail.
d. Explain how a firm uses Average Revenue and Average Total Cost to determine
the level of profit that it earns.
e. Is it possible for a firm to incur economic losses while producing its profit-
maximizing output? Explain.
In: Economics
Capacitors won't hold a charge indefinitely; as time goes on, charge gradually migrates from the positive to the negative plate. We can model this as a discharge of the capacitor through an internal "leakage resistance." A 0.49F capacitor charged to 3.7V will initially discharge with a leakage current of 0.25mA .
I found the leakage resistance to be 1.5
In: Physics
Prove that for any t > 0 xi(tp,tw) = xi(p.w), i.e. that if all prices are multiplied by the same positive number the factor inputs that maximize profits will not change, or that the factor demand functions are homogeneous of degree zero.
In: Economics
1.) Blossom, Inc. prepared the following master budget items for July:Production and sales48,000unitsVariable manufacturing costs: Direct materials$72,000 Direct labor$96,000 Variable manufacturing overhead$120,000Fixed manufacturing costs $200,000Total manufacturing costs$488,000 During August, Blossom actually sold 72,000 units. Prepare a flexible budget for Blossom based on actual sales.
In: Accounting