For a data set obtained from a sample of size n = 121 with x- = 44.25, it is known that σ = 5.4.

(a) What is the point estimate of µ?

(b) Find z score corresponding to a 95% confidence level, z_α/2. Recall that (1 − α)100% = 95%.

(c) Construct a 95% confidence interval for µ.

(d) What is the margin of error in part (c)?

• How does the sponsor need to conform to the product's brand identity?
• How can a sponsor help to augment a deficient portion of a product or service offering?

As the controller of a medium-sized financial services company, you take pride in the accounting and internal control systems you have developed for the company. You and your staff have kept up with changes in the accounting industry and been diligent in updating the systems to meet new accounting standards. Your outside auditor, which has been reviewing the company’s books for 15 years, routinely complimented you on your thorough procedures. The passage of the Sarbanes-Oxley Act, with its emphasis on testing internal control systems, initiated several changes. You have studied the law and made adjustments to ensure you comply with the regulations, even though it has created additional work. Your auditors, however, have chosen to interpret SOX very aggressively—too much so, in your opinion. The auditors have recommended that you make costly improvements to your systems and also enlarged the scope of the audit process, raising their fees. When you question the partner in charge, he explains that the complexity of the law means that it is open to interpretation and it is better to err on the side of caution than risk noncompliance. You are not pleased with this answer, as you believe that your company is in compliance with SOX, and consider changing auditors. Using a web search tool, locate articles about this topic and then write responses to the following questions. Be sure to support your arguments and cite your sources.

Ethical Dilemma: Should you change auditors because your current one is too stringent in applying the Sarbanes-Oxley Act? What other steps could you take to resolve this situation?

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Salary comparison Look over police and corrections salaries and compare a couple and report your findings.

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15.00 per ball, of which 60% is direct labor cost. Last year, the company sold 56,000 of these balls, with the following results: Sales (56,000 balls) $ 1,400,000 Variable expenses 840,000 Contribution margin 560,000 Fixed expenses 373,000 Net operating income $ 187,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year’s sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball. If this change takes place and the selling price per ball remains constant at $25.00, what will be next year's CM ratio and the break-even point in balls? 3. Refer to the data in (2) above. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same net operating income, $187,000, as last year? 4. Refer again to the data in (2) above. The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement 1a), what selling price per ball must it charge next year to cover the increased labor costs? 5. Refer to the original data. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40.00%, but it would cause fixed expenses per year to double. If the new plant is built, what would be the company’s new CM ratio and new break-even point in balls? 6. Refer to the data in (5) above. a. If the new plant is built, how many balls will have to be sold next year to earn the same net operating income, $187,000, as last year? b. Assume the new plant is built and that next year the company manufactures and sells 56,000 balls (the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage.

3.   On 1 July 2019 Campbell Ltd provided 1 million options to its chief executive officer. The options were valued at $1.20 each and allowed the chief executive officer to acquire shares in Campbell Ltd for $8.40 each. The chief executive officer is not permitted to exercise the options before 30 June 2021 but may then exercise them at any time between 1 July 2021 and 30 June 2022. The market price of the Campbell Ltd shares on 1 July 2019 was $9.75.

On 31 December 2021 the share price reaches $10.78 and the chief executive officer decides to exercise her options and acquire shares in Campbell Ltd.

Required: Account for the issue and exercise of options in Campbell Ltd.

A company issues $896,000 of 5-year, 5% bonds on January 1, 2021. The bonds pay interest annually.

1) Calculate the issue price of the bonds using a market rate of 4%

2) Record the bond issue

3) Prepare an effective interest amortization table for the bonds

4) Prepare the journal entries to record the first three interest payments. Ignore any year-end accruals of interest

5) Assuming the company has an October 31 year end, prepare the adjusting entry for interest on October 31, 2021.

3. The outside diameter of a part used in a gear assembly is known to be normally distributed with a mean of 39 mm and a standard deviation of 2.5 mm. The specifications on the diameter are (36,45), which means that part diameters between 36 mm and 45 mm are considered acceptable.

1. What is the proportion nonconforming?
2. What is Z bench?
3. If the mean of the process was centered between the specs, what would the proportion non-conforming be?

discuss the challenges presented by the covid-19 pandemic when it comes to database management/ administration

Assess the success of Anhsuser-Busch Inbev corporate strategy via 3 tests of a winning strategy.

Assume you are the general manager of a large hotel and have formulated a strategy of renting banquet facilities to organizations for big events. At a monthly management meeting, your sales manager informs the head of food operations that a big reception in one week will require converting a large hall from a meeting room to a banquet facility in 60 minutes...a difficult but an achievable operation that will require precise planning and extra help. The food operations manager is furious about not being informed earlier. What is wrong here? As the general manager what strategies will you put in place to resolve the issue?

Explain the audit steps for detecting the following issues. For each of your answers provide two possible steps you could utilize to identify the item. For each, discuss what the risk may exist, and why an investor would want assurance that an auditor has covered those risks.

(e)                    Unrecorded purchase of investment securities

(f)                    Unrecorded stock compensation expense

(g)                   Unrecorded covenant violations

(h)                   Unrecorded contingent liability

Jill Smith goes to work for Jones under an informal arrangement by which there is no contract stating dates for beginning or ending the relationship, Brown Co. induces Smith to quit her job with Jones and come to work for Brown Co. What if any torts are involved? What are the elements of the tort? What is the probable outcome ?.

Intentional, Anticipated Innovation - who is good at?

Parallel to other question on passive/accidental innovation, are there any organization you know of who have consistently innovated or transformed themselves to stay relevant or even grow the business time and time again? What made them? What was/is in the DNA?