Mathematical Reasoning Questions and Answers

Part 1 of 2 4 16 points Required information Required 1 Required 2 Prepare a single step income statement for the year ended January 31 Net sales Expenses Required 3 Total expenses Selling expenses General and administrative expenses Cost of goods sold Net income NELSON COMPANY Income Statement For Year Ended January 31 333 35 600 x 23 750 X 41 400 x 111 450 100 750 10 400 x

a Complete the table below by providing the correct information required for each column 28 marks Equation Q 30 3P Q 25 4P Q 2P 30 Q 4P 25 Q 40 3P Q 10 3P Q 2P 10 Q 15 3P Q 20 10P Q 40 3P Demand or Supply Value of slope Value of P Value of Q when Q when P 0 O for the for the demand demand equations equations ONLY ONLY

The following data come from the inventory records of Albrecht Company Click the icon to view the data Based on these facts the gross profit for Albrecht Company is OA 120 000 OB 223 000 OC 195 000 OD 205 000 Data table Net sales revenue Beginning inventory Ending inventory Net purchases Print Done 623 000 65 000 47 000 400 000 X

3 Part 3 of 4 3 57 points Required information Complete this question by entering your answers in the tabs below Perpetual FIFO Perpetual LIFO Weighted Average Compute the cost assigned to ending inventory using specific identification For specific identification units sold include 75 units from beginning inventory 205 units from the March 5 purchase 55 units from the March 18 purchase and 95 units from the March 25 purchase Date March 1 March 5 March 18 March 25 Total Goods Available for Sale of units 120 235 95 170 620 Specific Id Cost per unit 51 40 56 40 61 40 63 40 Specific Identification Cost of Goods Available for Sale 6 168 13 254 5 833 10 778 36 033 of units sold Cost of Goods Sold 75 0x 0 x 75 X 150 Cost per unit 51 40 56 40 61 40 63 40 Weighted Average Cost of Goods Sold 3 855 0 0 4 755 8 610 Ending Inventory of units in ending inventory Cost per unit 45 51 40 0x 56 40 0x 61 40 0x 63 40 45 Specific Id Ending Inventory Return to question 2 313 0 0 0 2 313 H

5 ook rint rences Montoure Company uses a perpetual inventory system It entered into the following calendar year purchases and sales transactions Activities Beginning inventory Purchase Purchase Units Acquired at Cost 600 units 40 per unit 360 units 37 per unit 150 units 25 per unit Sales Purchase September 5 Purchase September 10 Sales Totals Date January 1 February 10 March 13 March 15 August 21 Cost of goods available for sale Number of units available for sale 200 units 45 per unit 580 units 42 per unit 1 890 units units 2 Compute the number of units in ending inventory Required 1 Compute cost of goods available for sale and the number of units available for sale Units Sold at Retail units 765 units 80 per unit 780 units 80 per unit 1 545 units

Campbell Food Distribution pays Kim Cox a 2850 monthly salary plus a 14 commission on merchandise she sells each month Assume Kim s sales were 51 200 for last month Calculate the following amounts 1 Amount of Commission 2 Gross Pay CO

Compute the mean median min Q1 Q2 max and standard deviation 35 73 81 58 96 17 45 82 109 126 29 58 71 68 15 24 8 85 5 79 24 Here is the Excel file data Prob2 xlsx 56 You need to compute the statistics using SAS Studio or another software and unload the file You can upload a pdf file

3 Create a table to represent the information given below Your brother has the flu At 6 p m you checked his temperature and it was 100 1 F You then check it at 7 PM and it has increased to 101 F You know a dangerous temperature is anything above 103 All changes saved a If his temperature continues to increase at this rate what time should you take him to the hospital Create a table of values to justify your conclusion it doesn t have to be pretty just make sure it s clear what s going on b Use your table to calculate the slope and write an equation in slope intercept form c What does the slope mean in this problem d What does the y intercept represent Does it have meaning in this problem e Use your equation to graph a line Mark the place on your graph time when your brother s temperature is critical What are the coordinates of this point f Should you go to the emergency room now or can you wait until tomorrow morning g Using this equation determine what time his temperature was normal at 98 6 F

2 ts eBook Hint Print eferences Required information Specific Identification January 1 January 10 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average Note Round cost per unit to 2 decimal places Date Weighted Average January 20 Average cost January 20 January 25 January 30 Totals FIFO Goods Purchased LIFO of units Weighted Average Perpetual Cost of Goods Sold Cost per of units unit sold Cost per unit Cost of Goods Sold of units 155 at Inventory Balance Cost per unit S Inventory Balance 8 00 1 240 00 Chec

K es Laker Company reported the following January purchases and sales data for its only product For specific identification ending inventory consists of 210 units from the January 30 purchase 5 units from the January 20 purchase and 30 units from beginning inventory Date January 1 January 10 January 20 January 25 January 30 Activities Beginning inventory Sales Purchase Sales Purchase Totals Assume the perpetual inventory system is used Required Specific Identification Weighted Average Complete the table to determine the Complete this question by entering your answers in the tabs below Units Acquired at Cost 155 units 8 00 1 240 90 units 7 00 6 50 FIFO 210 units 455 units LIFO 630 1 365 3 235 Units sold at Retail e 95 units 1 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification 2 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average 3 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO 4 Determine the cost assigned to ending inventory and to cost of goods sold using LIFO 115 units 210 units 17 00 17 00 Check my work

12 es Required information The following information applies to the questions displayed below Hemming Company reported the following current year purchases and sales for its only product Date January 1 January 10 March 14 March 15 July 30 October 5 October 26 a Cost of Goods Sold using Specific Identification Available for Sale Date January 1 March 14 20 Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Totals Binch Activity Beginning Inventory Purchase of units 290 500 Units Acquired at Cost 13 60 18 60 23 60 28 60 400 290 units 500 units 490 units 190 units 1 470 units Ending inventory consists of 40 units from the March 14 purchase 80 units from the July 30 purchase and all 190 units from the October 26 purchase Using the specific identification method calculate the following 3 944 Cost Per of units Unit sold 9 300 11 564 5 434 30 242 Units Sold at Retail Cost of Goods Sold Cost Per Unit 260 units Cost of Goods Sold 430 units 470 units 1 160 units 43 60 Ending Inventory Units 43 60 43 60 Ending Inventory Cost Per Unit Ending Inventory Cost

Multiply 5x 5 3x 4 5x 5 3x 4 Simplify your answer Do not fac

259 234 132 29 277 123 510 333 25 423 43 165 115 34 133 89 212 120 887 567 466 133 Write the Excel equations using Excel functions that will calculate the Mean Median and Mode for the data in column C Write these equations on paper and the results to be handed in the designated spot before the start time of class Write your equations in the three highlighted boxes Mean Median Mode Please do not turn it in using Canvas

Exercise 3 2 Reduce the following Kuhn tre 5 1 2 3 0 4 e II I 6 0 START a 1 3 0 6 b I Chance 2 3 h 0 0 II 2 3 i

5 1 of 2 5 Book Print erences Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation Store equipment Accounts payable Common stock Retained earnings Dividends NELSON COMPANY Unadjusted Trial Balance January 31 Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense Store equipment Sales salaries expense Office salaries expense Insurance expense Rent expense Selling space Rent expense Office space Store supplies expense Advertising expense Totals Debit 25 850 14 000 5 000 2 400 42 600 2 050 1 950 2 150 38 000 0 15 550 15 550 0 7 500 7 500 0 9 800 189 900 Credit 18 350 16 000 6 000 34 000 115 550 189 900 Additional Information a Store supplies still available at fiscal year end amount to 2 550 b Expired insurance an administrative expense is 1 650 for the fiscal year c Depreciation expense on store equipment a selling expense is 1 600 for the fiscal year handian inuentontin talon It obown 10 800 Check my work

es Valley Company s adjusted account balances from its general ledger on August 31 its fiscal year end follows It categorizes the following accounts as selling expenses sales salaries expense rent expense selling space store supplies expense and advertising expense It categorizes the remaining expenses as general and administrative Adjusted Account Balances Merchandise inventory ending Other non inventory assets Total liabilities Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Sales salaries expense Rent expense Selling space Store supplies expense Advertising expense Office salaries expense Rent expense Office space office supplies expense Totals Debit 43 500 174 000 Invoice cost of merchandise purchases Purchases discounts received Purchases returns and allowances Costs of transportation in 8 000 4 552 19 638 114 570 40 763 13 984 3 570 25 291 37 193 Credit 50 243 83 482 58 556 297 540 3 570 1 190 489 821 489 821 Beginning merchandise inventory was 35 105 Supplementary records of merchandising activities for the year ended August 31 reveal the following itemized costs 127 890 2 686 6 139 3 900 C

S Prepare journal entries to record the following merchandising transactions of Cabela s which uses the perpetual inventory system and the gross method July 1 Purchased merchandise from Boden Company for 6 600 under credit terms of 2 15 n 30 FOB shipping point invoice dated July 1 July 2 Sold merchandise to Creek Company for 900 under credit terms of 2 10 n 60 FOB shipping point invoice dated July 2 The merchandise had cost 550 Paid 115 cash for freight charges on the purchase of July 1 July 3 July 8 Sold merchandise that had cost 1 900 for 2 300 cash July 9 Purchased merchandise from Leight Company for 2 900 under credit terms of 2 15 n 60 FOB destination invoice dated July 9 July 11 Returned 900 of merchandise purchased on July 9 from Leight Company and debited its account payable for that amount July 12 Received the balance due from Creek Company for the invoice dated July 2 net of the discount July 16 Paid the balance due to Boden Company within the discount period July 19 Sold merchandise that cost 1 200 to Art Company for 1 800 under credit terms of 2 15 n 60 FOB shipping point invoice dated July 19 July 21 Gave a price reduction allowance of 300 to Art Company for merchandise sold on July 19 and credited Art s accounts receivable for that amount July 24 Paid Leight Company the balance due net of discount July 30 Received the balance due from Art Company for the invoice dated July 19 net of discount July 31 Sold merchandise that cost 5 400 to Creek Company for 6 900 under credit terms of 2 10 n 60 FOB shipping point invoice dated July 31 View transaction list Check my work

5 Prepare journal entries to record the following merchandising transactions of Lowe s which uses the perpetual inventory system and the gross method August 1 Purchased merchandise from Aron Company for 10 000 under credit terms of 1 10 n 30 FOB destination invoice dated August 1 August 5 Sold merchandise to Baird Corporation for 7 000 under credit terms of 2 10 n 60 FOB destination invoice dated August 5 The merchandise had cost 5 000 August 8 Purchased merchandise from Waters Corporation for 9 000 under credit terms of 1 10 n 45 FOB shipping point invoice dated August 8 August 9 Paid 170 cash for shipping charges related to the August 5 sale to Baird Corporation August 10 Baird returned merchandise from the August 5 sale that had cost Lowe s 500 and was sold for 1 000 The merchandise was restored to inventory August 12 After negotiations with Waters Corporation concerning problems with the purchases on August 8 Lowe s received a price reduction from Waters of 900 off the 9 000 of goods purchased Lowe s debited accounts payable for 900 August 14 At Aron s request Lowe s paid 130 cash for freight charges on the August 1 purchase reducing the amount owed accounts payable to Aron August 15 Received balance due from Baird Corporation for the August 5 sale less the return on August 10 August 18 Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12 August 19 Sold merchandise to Tux Company for 6 000 under credit terms of n 10 FOB shipping point invoice dated August 19 The merchandise had cost 3 000 August 22 Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications Lowe s gave a price reduction allowance of 1 000 to Tux and credited Tux s accounts receivable for that amount August 29 Received Tux s cash payment for the amount due from the August 19 sale less the price allowance from August 22 August 30 Paid Aron Company the amount due from the August 1 purchase View transaction list Check my work

12 k ces Allied Merchandisers was organized on May 1 Macy Company is a major customer buyer of Allied seller products May 3 Allied made its first and only purchase of inventory for the period on May 3 for 1 000 units at a price of 9 cash per unit for a total cost of 9 000 May 5 Allied sold 500 of the units in inventory for 13 per unit invoice total 6 500 to Macy Company under credit terms 2 10 n 60 The goods cost Allied 4 500 May 7 Macy returns 50 units because they did not fit the customer s needs invoice amount 650 Allied restores the units which cost 450 to its inventory May 8 Macy discovers that 50 units are scuffed but are still of use and therefore keeps the units Allied gives a price reduction allowance and credits Macy s accounts receivable for 250 to compensate for the damage May 15 Allied receives payment from Macy for the amount owed on the May 5 purchase payment is net of returns allowances and any cash discount Prepare the appropriate journal entries for Macy Company to record each of the May transactions Macy is a retailer that uses the gross method and a perpetual inventory system it purchases these units for resale Note If no entry is required for a transaction event select No journal entry required in the first account field View transaction list Journal entry worksheet 1 1 2 3 4 5 Check my

How many points do football teams score in the Super Bowl The total numbers of points scored by both teams in 50 of the first 54 Super Bowl games are as shown Complete parts a through c 45 47 23 29 21 31 22 38 46 37 66 50 37 47 44 47 54 56 59 52 36 65 39 61 69 43 75 44 56 55 53 39 41 37 69 61 45 31 46 31 50 48 56 65 51 52 62 74 16 51 The lower quartile is 37 point s Type an integer or a decimal Do not round The upper quartile is 56 point s Type an integer or a decimal Do not round c Make a histogram and write a brief description of the distribution Make a histogram Choose the correct graph below Click here to view histogram a Click here to view histogram b Click here to view histogram c Click here to view histogram d Write a brief description of the distribution The distribution is unimodal and roughly symmetric and has no outliers It is centered at 46 The minimum is 16 and the maximum is 75 Type integers or decimals Do not round

A class of fourth graders takes a diagnostic reading test and the scores are reported by reading grade level The 5 number summaries for the 13 boys and 14 girls are shown below Complete parts a through t below Boys 2 9 3 8 4 6 5 4 5 9 Girls 2 9 3 8 4 4 5 2 5 8 a Which group had the highest score Boys Girls b Which group had the greatest range Select the correct choice below and fill in the answer box to complete your choice Simplify your answer A Boys had the greatest range of 5 9 OB Girls had the greatest range of OC The two groups have the same range of c Which group had the greatest interquartile range Select the correct choice below and fill in the answer box to complete your choice Simplify your answer OA Boys had the greatest interquartile range of OB Girls had the greatest interquartile range of OC The two nuns have the same IOR of

e This shows what is 1 2 points 6 On April 1 Jiro Nozomi created a new travel agency Adventure Travel The following transactions occurred during the company s first month incorrect for the work you April 2 Nozomi invested 34 000 cash and computer equipment worth 35 000 in the company in exchange for its common stock April 3 The company rented furnished office space by paying 1 800 cash for the first month s April rent April 4 The company purchased 1 500 of office supplies for cash April 10 The company paid 1 980 cash for a 12 month insurance policy Coverage begins on April 11 April 14 The company paid 1 200 cash for two weeks salaries earned by employees April 24 The company collected 13 500 cash for commissions revenue April 28 The company paid 1 200 cash for two weeks salaries earned by employees April 29 The company paid 350 cash for minor repairs to computer equipment April 30 The company paid 1 300 cash for this month s telephone bill April 30 The company paid 1 520 cash in dividends The company s chart of accounts follows 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation Computer Equipment 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 403 Commissions Revenue 612 Depreciation Expense Computer Equipment 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 901 Telephone Expense Income Summary Return to qu

Required information riepare all ajuste a a Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent WELLS TECHNICAL INSTITUTE Adjusted Trial Balance December 31 Professional library Accumulated depreciation Professional library Equipment Accumulated depreciation Equipment Accounts payable Salaries payable Uneamed revenue Debit 26 491 Credit

Macmillan Learning Which of the measurements contain three significant figures 1 00 10 0 00100 0 001 500 395 5 0 10

3 k I nces ULUNG CHU VIL LIGNS ATTINUT V VI AL ne Lu CUTIITTOVOTIO THUS C Curricuy g WTI s two employees are paid weekly As of the end of the year two days salaries have accrued at the rate of 100 per day for each employee h The balance in the Prepaid Rent account represents rent for December Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional library Accumulated depreciation Professional library Equipment Accumulated depreciation Equipment Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Tuition revenue Training revenue WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31 Depreciation expense Professional library Depreciation expense Equipment Salaries expense Dala Insurance expense Rent expense Teaching supplies expense Advertising expense Utilities expense Totals Debit 26 491 0 10 187 15 284 2 039 30 565 100 000 40 755 0 0 48 907 0 22 429 0 7 132 5 706 309 495 Credit 9 171 16 303 24 000 0 14 500 18 880 84 000 103 924 38 717 309 495

A fan moves 0 6 kg s of air with a velocity of 15 m s If the shaft of the fan receives 90 W determine the mechanical efficiency of the fan

Cash Accounts receivable Interest receivable Notes receivable due in 90 days office supplies Automobiles Accumulated depreciation Automobiles Equipment Accumulated depreciation Equipment Land Accounts payable Interest payable Salaries payable Unearned revenue Long term notes payable Comme Common stock Retained earnings Dividends Service Services revenue Interest revenue Depreciation expense Automobiles Depreciation expense Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense Automobiles Totals Required Debit 113 300 52 000 18 400 170 000 16 500 171 000 142 000 78 000 44 000 28 000 20 500 191 000 45 000 36 000 33 400 63 500 25 200 1 247 800 Credit 90 000 26 000 97 000 40 000 21 000 32 000 152 000 28 580 257 220 474 000 30 000 1 247 800 atoment for the year ended December 31 b the Return to question

LS 5 6 Ents Required Use the information in the adjusted trial balance to prepare a the income statement for the year ended December 31 b the statement of retained earnings for the year ended December 31 Note Retained Earnings at December 31 of the prior year was 257 220 and c the balance sheet as of December 31 X Answer is not complete Complete this question by entering your answers in the tabs below Required A Required B Required C Prepare the statement of retained earnings for the year ended December 31 Note Retained Earnings at December 31 of the prior year was 257 220 CHIARA COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings December 31 prior year end 0 Return to questi

5 ats eBook Print eferences Common stock Retained earnings Dividends Services revenue Interest revenue Depreciation expense Automobiles Depreciation expense Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense Automobiles Totals Required A Complete this question by entering your answers in the tabs below Required B 44 000 Required Use the information in the adjusted trial balance to prepare a the income statement for the year ended December 31 b the statement of retained earnings for the year ended December 31 Note Retained Earnings at December 31 of the prior year was 257 220 and c the balance sheet as of December 31 Required C CHIARA COMPANY Income Statement For Year Ended December 31 28 580 257 220 28 000 20 500 191 000 45 000 36 000 33 400 63 500 25 200 1 247 800 1 247 800 Prepare the income statement for the year ended December 31 474 000 30 000

1 Arnez Company s annual accounting period ends on December 31 The following information concerns the adjusting entries to be recorded as of that date Book rences a The Office Supplies account started the year with a 3 075 balance During the year the company purchased supplies for 12 700 which was added to the Office Supplies account The inventory of supplies available at December 31 totaled 2 706 b The Prepaid Insurance account had a 26 520 debit balance at December 31 before adjusting for the costs of any expired coverage for the year An analysis of prepaid insurance shows that 19 134 of unexpired insurance coverage remains at year end c The company has 15 employees who earn a total of 1 850 in salaries each working day They are paid each Monday for their work in the five day workweek ending on the previous Friday Assume that December 31 is a Tuesday and all 15 employees worked the first two days of that week Because New Year s Day is a paid holiday they will be paid salaries for five full days on Monday January 6 of next year d The company purchased a building at the beginning of this year It cost 725 000 and is expected to have a 45 000 salvage value at the end of its predicted 40 year life Annual depreciation is 17 000 e Since the company is not large enough to occupy the entire building it owns it rented space to a tenant at 2 300 per month starting on November 1 The rent was paid on time on November 1 and the amount received was credited to Rent Revenue However the tenant has not paid the December rent The company has worked out an agreement with the tenant who has promised to pay both December and January rent in full on January 31 f On November 1 the company rented space to another tenant for 2 084 per month The tenant paid five months rent in advance on that date The payment was recorded with a credit to the Unearned Revenue account Assume no other adjusting entries are made during the year Required 1 Use the information to prepare adjusting entries as of December 31 2 Prepare journal entries to record the first subsequent cash transaction in January of the next year for parts cand e Check my wa

Exchange in an Island Economy Robin and Terry are stranded on a deserted island and consume two products coconuts and fish In a day Robin can catch 2 fish or gather 8 coconuts and Terry can catch 1 fish or gather 1 coconut Terry Fish 2 Robin Coconuts 8 Fish 1 Coconuts 1 Output per day Terry has a comparative advantage fishing and Robin has a comparative advantage gathering coconuts Suppose that each person is initially self sufficient In a six day week Robin produces and consumes 32 coconuts and 4 fish and Terry produces and consumes 4 coconuts and 2 fish Now suppose Robin and Terry engage in specialization and exchange trading 2 coconuts for 1 fish If Robin and Terry consume the same number of fish as in the self sufficient outcome then specialization and exchange allow Robin to consume additional coconuts enter your response as an integer

2 6 ints eBook Hint Print References Following are two income statements for Alexis Company for the year ended December 31 The left number column is prepared before adjusting entries are recorded and the right column is prepared after adjusting entries The company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts Revenues Services revenue Commissions revenue Total revenues Expenses Depreciation expense Computers Depreciation expense Office furniture Salaries expense Insurance expense Rent expense Office supplies expense Advertising expense Utilities expense Total expenses Income Statements For Year Ended December 31 Net income Unadjusted Adjustments 24 000 42 500 66 500 0 0 12 500 4 500 3 000 1 250 21 250 45 250 a b C d e f g Adjusted 28 800 42 500 71 300 1 200 1 400 14 460 1 040 4 500 384 3 000 1 306 27 290 44 010 Analyze the statements and prepare the seven adjusting entries a through g that likely were recorded Hint The entry for a refers to revenue that has been earned but not yet billed No adjusting entry involves cash Check my work

10 Solve the following problems stating answers to the proper number of significant figures a 12 62 1 5 0 25 14 4 b 2 25 x 10 4 80 104 1 08 10 4 452 6 2 200 2 0 10 2 14 3 d 0 0394 12 8 0 504 C e 0 4278 59 6 Recitation Week 2 7 17 10 3 i 10 4 3 75 1 5 x 104 5 6 10 4 105 106 1 1 49 10 12 I

our college has just sent you a letter about campus safety Is this letter effective for an audience of first year students To Whom It May Concern It is our fervent belief that the safety and security of all students should be held in highest priority for safeguard Thus we bring to your attention the upsurge in the unapproved imbibing of intoxicating beverages by students who have not yet achieved their majority Frivolity may allow for the venting of steam as it were but brazen and reckless consumption of intoxicants such as margaritas and Buds is a grievous danger to students well being and constitutions Therefore cease and desist all pre majority alcoholic refreshments under penalty of suspension from classes This letter is effective for its audience The elevated vocabulary will intimidate students into behaving better This letter is ineffective for its audience The tone is scolding and the word choice doesn t fit the audience This letter is effective Underage drinking is one of the biggest campus problems today the writer shows conviction and passion to emphasize this This letter is ineffective for its audience The administrators can t know who is drinking or not

For the initial post respond to one of the following options and label the beginning of your post indicating either Option 1 or Option 2 Option 1 The main social insurance programs like Social Security Medicare and unemployment compensation are funded by a payroll tax on the earnings of individuals who may receive benefits Do you think the social insurance programs are effective How are social insurance programs affected by the socioeconomic and political forces Explain your answers Option 2 Research government regulations on a particular area of your choice such as food drugs product safety fracking environment etc Do you think the government regulations go too far Do you think the government needs to add more regulations How are lobbyists involved concerning regulations on food and drug safety and our environment concerning fracking Explain your answers Be sure to make connections between your ideas and conclusions and the research concepts terms and theory we are discussing this week Follow Up Post Instructions Respond to the same Option you chose for your Initial Post i e if you chose Option 1 for your Initial Post your Follow Up Pst should also be for Option 1 Respond to at least one peer Further the dialogue by providing more information and clarification Minimum of 1 scholarly source which can include your textbook or assigned readings or may be from your additional scholarly

b A manager at a bus company wants to survey employees about the new uniforms Which of the following best describes a stratified sample of employees O O c A consultant wants to ask workers at a factory about the workers job satisfaction Which of the following best describes a convenience sample of workers O O The manager uses a computer program to draw 78 employees at random and selects these employees Every set of 78 employees is equally likely to be drawn by the computer program The manager forms groups of 13 employees based on the departments the employees are in Then she selects all of the employees in 6 randomly chosen groups The manager forms 6 groups of employees based on the departments the employees are in Then she selects 13 employees at random from each group O The consultant takes a list of the workers and selects every 5th worker until 50 workers are selected All of the workers on the second floor of the factory building are easily accessible So the consultant selects the first 50 workers from the seco floor to arrive at work on a particular day The consultant forms 2 groups of workers based on the workers shifts Then he selects 25 workers at random from each group

A chemist at a pharmaceutical company wants to test the quality of a new batch of microscopes Which of the following best describes a random sample of microscopes D The microscopes in the first shipment that was received are easily accessible So he selects all 60 of the microscopes in this shipment The chemist forms groups of 12 microscopes based on the laboratories that the microscopes are in Then he randomly chooses 5 groups and selects all of the microscopes in these groups The chemist assigns each microscope a different number Using a random number table he draws 60 of those numbers at random Then he selects the microscopes assigned to the drawn numbers Every set of 60 microscopes is equally likely to be drawn using the random number table

The frame shown in Figure 3 1 has internal pins at points B C and D and is supported by a pin at point A and a roller at point E The loading consists of two concentrated loads and a point moment as shown in the figure a Calculate the support reactions at points A and E b Calculate the internal resultant loadings normal and shear forces and bending moment at the midpoints of segment CD and BD 6 in B 9 in in 9 in 9 in 500 lb 700 lb D 2 kip in 12 in 12 in

c Using the answer to part b which of the following is an implication that is logically equivalent to 2 3 5 or 4 6 10 OA If 4 6 10 then 2 3 5 OC 2 3 5 and 4 6 10 OE If 4 6 10 then 2 3 5 OG If 4 6 10 then 2 3 5 OL If2 3 5 then 4 6 10 OK 2 3 5 and 4 6 10 OB If 2 3 5 then 4 6 10 OD If 4 6 10 then 2 3 5 OF If 2 3 5 then 4 6 10 OH If2 3 5 then 4 6 10 OJ 2 3 5 or 4 6 10 OL 2 3 5 and 4 6 10

Problem 5 8 Algo Expando Inc is considering the possibility of building an additional factory that would produce a new addition to its product line The company is currently considering two options The first is a small facility that it could build at a cost of 7 million If demand for new products is low the company expects to receive 9 million in discounted revenues present value of future revenues with the small facility On the other hand if demand is high it expects 14 million in discounted revenues using the small facility The second option is to build a large factory at a cost of 8 million Were demand to be low the company would expect 9 million in discounted revenues with the large plant If demand is high the company estimates that the discounted revenues would be 15 million In either case the probability of demand being high is 0 30 and the probability of it being low is 0 70 Not constructing a new factory would result in no additional revenue being generated because the current factories cannot produce these new products a Calculate the NPV for the following Leave no cells blank be certain to enter 0 wherever required Enter your answers in millions rounded to 1 decimal place Plans Small facility Do nothing Large facility NPV million million million b The best decision to help Expando is O to do nothing O to build the large facility O to build the small facility

Problem 5 2 A company has a factory that is designed so that it is most efficient average unit cost is minimized when producing 28 500 um output each month However it has an absolute maximum output capability of 35 000 units per month and can produce as litt 7 000 units per month without corporate headquarters shifting production to another plant If the factory produces 18 900 unit October what is the capacity utilization rate in October for this factory Round your answer to 1 decimal place E Capacity utilization rate

Book Print erences Aracel Engineering completed the following transactions in the month of June a J Aracel the owner invested 190 000 cash office equipment with a value of 7 000 and 65 000 of drafting equipment to launch the company in exchange for common stock b The company purchased land worth 55 000 for an office by paying 8 900 cash and signing a note payable for 46 100 c The company purchased a portable building with 54 000 cash and moved it onto the land acquired in b d The company paid 3 000 cash for the premium on an 18 month insurance policy e The company provided services to a client and collected 9 900 cash f The company purchased 31 000 of additional drafting equipment by paying 11 100 cash and signing a note payable for 19 900 g The company completed 17 500 of services for a client This amount is to be received in 30 days h The company purchased 1 100 of additional office equipment on credit i The company completed 29 000 of services for a customer on credit j The company purchased 1 477 of TV advertising on credit k The company collected 10 000 cash in partial payment from the client described in transaction g 1 The company paid 1 700 cash for employee wages m The company paid 1 100 cash to settle the account payable created in transaction h n The company paid 1 110 cash for repairs o The company paid a 9 840 cash dividend p The company paid 2 400 cash for employee wages q The company paid 3 700 cash for advertisements on the Web during June Required 1 Prepare general journal entries to record these transactions using the following titles Cash 101 Accounts Receivable 106 Prepaid Insurance 108 Office Equipment 163 Drafting Equipment 164 Building 170 Land 172 Accounts Payable 201 Notes Payable 250 Common Stock 307 Dividends 319 Services Revenue 403 Wages Expense 601 Advertising Expense 603 and Repairs Expense 604 2 Post the journal entries from part 1 to the ledger accounts 3 Prepare a trial balance as of the end of June Check my wor

Let R Q x Note that all ideals of R are principal a Give an example of an ideal la of R such that R la is a field b Find a generator of la is this generator irreducible c Give an example of an ideal Ic of R such that R Ic has nonzero zero divisors d Find a generator of Ic is this generator irreducible

3 2 of 2 Book Print rences Yi Min started an engineering firm called Min Engineering He began operations and completed seven transactions in May which included his initial investment of 20 000 cash After those seven transactions the ledger included the following accounts with normal balances Cash Office supplies Prepaid insurance office equipment Accounts payable Common stock Dividends Services revenue Rent expense 43 909 1 130 4 400 12 600 12 600 20 000 3 081 40 000 7 480 The following seven transactions produced the account balances shown above a Y Min invested 20 000 cash in the business in exchange for common stock b Paid 7 480 cash for monthly rent expense for May c Paid 4 400 cash in advance for the annual insurance premium beginning the next period d Purchased office supplies for 1 130 cash e Purchased 12 600 of office equipment on credit with accounts payable f Received 40 000 cash for services provided in May g The company paid a 3 081 cash dividend Cash 2 Prepare a Cash T account for the above transactions and compute the ending Cash balance Code each entry with one of the transaction codes a through g Check

P7 51 Consider the BCD to seven segment decoder discussed in conjunction with Figure 7 26 on page 380 Suppose that the BCD data are represented by the logic variables B 8 B4 B2 and B 1 For example the decimal number 7 is represented in BCD by the word 0111 in which the leftmost bit is B 8 0 the second bit is B 4 1 and so forth a Find a logic circuit based on the product of maxterms having output A that is high only if segment A of the display is to be on b Repeat for segment B

3 6 Ents eBook Hint Print references A company had the following assets and liabilities at the beginning and end of this year Liabilities 62 805 80 393 Beginning of the year End of the year a Owner made no investments in the business and no dividends were paid during the year b Owner made no investments in the business and dividends paid were 15 000 during the year c No dividends were paid during the year but the owner did invest an additional 45 000 cash in exchange for common stock d Dividends paid were 15 000 during the year and the owner did invest an additional 35 000 cash near year end in exchange for common stock Assets 146 500 198 500 Determine net income or net loss for the business during the year for each of the above separate cases Note Decreases in equity should be indicated with a minus sign Beginning of the year Equity Owner investments Dividends Net income loss End of the year Equity a b C d Check my wa

Part 1 of 3 1 66 points eBook Hint Print References Required information The following information applies to the questions displayed below Carmen Camry operates a consulting firm called Help Today which began operations on December 1 On December 31 the company s records show the following selected accounts and amounts for the month of December Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock 25 400 22 410 5 300 Dividends Consulting revenue Rent expense 20 050 Salaries expense 44 040 Telephone expense 10 500 Miscellaneous expenses 102 400 HELP TODAY Income Statement 6 040 27 040 9 590 5 640 Use the above information to prepare a December income statement for the business 920 550 Check

5 of 3 Book Print erences The following information applies to the questions displayed below As of December 31 of the current year Armani Company s records show the following Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings December 31 prior year Retained earnings December 31 current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses Required Prepare the current year end balance sheet for Armani Company Assets ARMANI COMPANY Balance Sheet December 31 11 100 10 100 7 100 6 100 13 200 15 100 4 100 6 100 14 100 35 200 24 200 21 100 13 100 9 100 Liabilities

es Lita Lopez started Biz Consulting a new business and completed the following transactions during its first year of operations a Lita Lopez invested 66 000 cash and equipment valued at 38 000 in the company in exchange for its common stock b The company purchased a building for 42 000 cash c The company purchased equipment for 5 400 cash d The company purchased 3 300 of supplies and 1 600 of equipment on credit e The company paid 910 cash for advertising expenses f The company completed a financial plan for a client and billed that client 4 100 for the service g The company designed a financial plan for another client and immediately collected a 8 100 cash fee h The company paid 1 200 cash in dividends to the owner sole shareholder i The company received 3 100 cash as partial payment from the client described in transaction f J The company made a partial payment of 800 cash on the equipment purchased in transaction d k The company paid 1 700 cash for the secretary s wages for this period Required 1 Enter the amount of each transaction on individual items of the accounting equation 2 Determine the company s net income Complete queetic by entering your answers in the tabs below

Book Print erences Following is selected financial information of Kia Company for the current year ended December 31 Cash used by investing activities Net increase in cash Cash used by financing activities Cash from operating activities Cash December 31 prior year Required Prepare the statement of cash flows for Kia Company for the current year ended December 31 Note Cash outflows should be indicated with a minus sign KIA COMPANY Statement of Cash Flows For Current Year Ended December 31 2 000 550 2 800 5 350 3 800 0