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Question and Answer - 54

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result to the exact standard deviation of 154.

6 cm cube cm3​, assuming the estimate is accurate


if it is within 15 cm cube cm3.

What are some of the challenges ebay may encounter by deeply involving customers in its
process strategy? How can these challenges be effectively mitigated?

Robin Banks, Inc. owns an armored truck which was purchased for $80,000. The Accumulated
Depreciation on the truck is $55,000. The book value of the armored truck is

$25,000

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$80,000

$55,000

$135,000

Miller and Sons is evaluating a project with the following cash flows: Year
______________Cash flow 0..............................-$68,000 1...................................8,400
2.................................19,900 3.................................43,800 4.................................13,500 5....

Bugaboo Co. manufactures three types of cookies: Fluffs, Crinkles, and Snaps. The production
process is relatively simple, and factory overhead costs are allocated to products using a single
plantwide factory rate based on direct labor hours. Information for the month of May, Bugaboo's
first month of operations, follow

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In maize, the genes Tu, j2, and gl3 are located on chromosome 4 at map positions 101, 106, and
112, respectively. If plants homozygous for the recessive alleles of these genes are crossed with
plants homozygous for the dominant alleles, and the F1 plants are testcrossed to triply recessive
plants, what genotypes would

Marge died on August 24 of 2017. Her estate collected taxable bond interest of $10,000 per
month beginning in September. The only beneficiary of Marge's estate is Art, a calendar-year
taxpayer. Which of the following statements is correct? a) If the estate selects November 30 as a
year-end and makes no distributions p

Molly's Greenhouse supplies bedding plants and other gardening products to a variety of stores
across Alberta and also has a local greenhouse open to the public. Molly uses a perpetual
inventory system. Transactions for the business are shown below: May 2 Purchased 500
decorative hanging baskets from Planters R Us, on
Pearl Inc. incurred overhead costs of $65,000 in May, 2014. The overhead applied on the basis of
direct labor hours for May was $90,000. The company worked for 500 hours in the month. What
is the predetermined overhead rate per direct labor hour? A. $130 per direct labor hour B. $180
per direct labor hour C. $1.3

Suppose you calculate a grocery price inflation rate. Using the arguments presented in the
chapter, explain possible sources of upward bias in the rate you calculate, relative to the actual
trend of food prices.

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Over time, organizational cultures can become extremely strong as they did at Ford before
Mulally was hired. This increasing strength of values and norms and the resulting cohesiveness
can lead to ________. Decreased cohesiveness among members Increasing use of job
enlargement An inability to adapt and respond to c

Fussner Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted
level of activity was 1,610 patient-visits and the actual level of activity was 1,670 patient-visits.
The cost formula for administrative expenses is $3.30 per patient-visit plus $17,900 per month.
The actual administrativ

Conduct research on New York City's large soda ban. Pretend you work at the Paradise City
attorney's office. Draft a law that restricts the sale of large sugary drinks in Paradise City. Make
sure to define: 1. the type of drinks; 2. the size of drinks; 3. the types of sellers restricted by the
law; and 4. the pena

Puchalla Corporation sells a product for $310 per unit. The product's current sales are 14,200
units and its break-even sales are 10,224 units. The margin of safety as a percentage of sales is
closest to: 61%

39%

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28%

72%

Complete the following, using ordinary interest. (Use Days in a year table.) (Do not round
intermediate calculations. Round the " interest" and" Maturity value" to the nearest cent.)

Moped, Inc. purchased machinery at a cost of $44,000 on January 1, 2017. The expected useful
life is 5 years and the asset is expected to have salvage value of $4,000. Moped depreciates its
assets using the double-declining balance method. What is the accumulated depreciation for this
asset on December 31, 2018?
Mountaintop golf course is planning for the coming season. Investors would like to earn a​
12% return on the​ company's $49,000,000 of assets. The company primarily incurs fixed
costs to groom the greens and fairways. Fixed costs are projected to be $20,000,000 for the
golfing season. About 410,000 golfers are expe

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Pigskin Co., a U.S. corporation, sold inventory on credit to a British company on April 8, 2011.
Pigskin received payment of 35,000 British pounds on May 8, 2011. The exchange rate was £1
= $1.54 on April 8 and £1 = 1.43 on May 8. What amount of foreign exchange gain or loss
should be recognized? ( round to the neare

Describe how standards impact the deployment and operation of Industrial Control Systems.

Puchalla Corporation sells a product for $310 per unit. The product's current sales are 14,200
units and its break-even sales are 10,224 units. The margin of safety as a percentage of sales is
closest to: 1. 61% 2. 39% 3. 28% 4. 72%

Pale Rider Corporation reports taxable income of $500,000 in 2004. What was their tax liability
for the year? a. $56,100 b. $91,650 c. $170,000 d. $200,000

Meals on Wheels is considered two contracts to renovate its facilities. The first contractor wants
$20,000 for the job and, with a maintenance fee of $1,000 per year, will guarantee the repairs for
five years. The second contractor wants $14,000 for the same project and, with a maintenance
fee of $1,500 per year, will

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In Drosophila, genes a and b are located at positions 22.0 and 42.0 on chromosome 2, and genes
c and d are located at positions 10.0 and 25.0 on chromosome 3. A fly homozygous for the wild
type alleles of these four genes was crossed with a fly homozygous for the recessive alleles, and
the F1 daughters were backcrossed

The Drosophila genes vg (vestigial wings) and cn (cinnabar eyes) are located at 67.0 and 57.0,
respectively, on chromosome 2. A female from a homozygous strain of vestigial flies was
crossed with a male from a homozygous strain of cinnabar flies. The F1 hybrids were
phenotypically wild-type (long wings and dark red eye

Simon Company's high and low level of activity last year was 60,000 units of product produced
in May and 20,000 units produced in November. Machine maintenance costs were $78,000 in
May and $30,000 in November. Using the high-low method, determine an estimate of total
maintenance cost for a month in which production is

George is the owner of numerous classic automobiles. His intention is to hold the automobiles
until they increase in value and then sell them. He rents the automobiles for use in various events
(e.g., antique automobile shows) while he is holding them. In 2017, he sold a classic automobile
for $1.5 million. He had hel

The total map length of the Drosophila genome is about 270 cM. On the average, how many
chiasmata will occur in an oocyte going through meiosis?

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Drosophila females heterozygous for three recessive mutations, a, b, and c, were crossed to
males homozygous for all three mutations. The cross yielded the following results: Construct a
linkage map showing the correct order of these genes and estimate the distances between them.

Austin Enterprises was started by Daniel Austin. During the current year. Daniel Austin invested
$8,000 in the business. Based on the following end of year spreadsheet: 1. Prepare an income
statement for the year ended December 31. 2. Prepare the statement of owner's equity for the
year ended December 31.

Mixo Inc. is forecasting its product's quality on a scale of 0 to 100 based on how many hours are
spent for each product. Data are provided in the table below. What will be the quality if the
company wants to spend 25 hours? Quality ...............................Hours Spent
50........................................

Lizard Company purchased 1,000 pounds of direct materials on account at $2 per pound. The
standard price for direct materials is $1.90 per pound. Prepare the journal entry to record the
purchase and the variance.

In maize, the genes Pl for purple leaves (dominant over pl for green leaves), sm for salmon silk
(recessive to Sm for yellow silk), and py for pigmy plant (recessive to Py for normal-size plant)
are on chromosome 6, with map positions as shown: Hybrids from the cross Pl sm sm py × pl
Sm Sm Py were testcrossed wit

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Pratt, inc. paid its executives a $320,000 bonus based on profit results for the fiscal year ended
December 31, 2010. Based on its master budgets for 2011, Pratt estimates its bonuses for the
fiscal year ended December 31, 2011, will be $300,000. What amount, if any, should Pratt
recognize as an expense for bonuses in

In spite of the common Anglo-European heritage of most arrivals, Colonial America was a
diverse conglomeration of peoples, ideas and customs. Why did such distinctive cultures develop
in British Colonial America? What factors, ideas and traditions pushed each region to develop?
In a long essay, compare and contrast col

Does the need for medical malpractice liability insurance add to or detract from the patient care
that is provided?
An organization is a regional distributor of widgets. Widgets purchased for the organization
originate from small suppliers, and payment is made only with cash. To simplify operations,
orders are only taken from customers via its website, and delivery of widgets to customers are
handled by a third-party shipping compan

McCaffrey's Inc. has never paid a dividend, and when the firm might begin paying dividends is
not known. Its current free cash flow (FCF) is $100,000, and this FCF is expected to grow at a
constant 7% rate. The weighted average cost of capital (WACC) is 11%. McCaffrey's currently
holds $325,000 of non-operating marketa

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The balances of the ledger account of buffet on Sep 30th, 2019 are Cash.......................13000
Accounts receivable.....7000 Supplies...................2400 Prepaid insurance........6000
Equipment...............15000 Acc payable..............6800 Jane capital...............6800 Jane
drawing.............3500

Beat, Inc., expects to sell 60,000 athletic uniforms for $80 each in 2013. Direct materials costs
are $20, direct manufacturing labor is $8, and manufacturing overhead is $6 for each uniform.
The following inventory levels apply to 2013: Beginning inventory Ending inventory Direct
materials 24,000 units 18,000 units Wo

On December 31, 2014, Colonial Corporation had the following account balances related to
credit sales and receivables prior to recording adjusting entries: Accounts
receivable...........................$25,000 Allowance for doubtful accounts ...........200 credit balance
Sales revenue (all credit sales)............

Peter wants to save some money for his daughter Gwen's education. Tuition costs $12,500 per
year in today's dollars. His daughter was born today and will go to school starting at age 18. She
will go to school for 4 years. Peter can earn 11% on his investments and tuition inflation is 7%.
How much must Peter save at the

You are shopping for a new printer to take back to college with you. You decide on the PIXMA
iP100 due to its superior photo print quality and are now looking for the best price. Different
stores have different deals, plus the manufacturer was offering a $30 mail-in post-purchase
rebate. You determined from the Canon w

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The formation of a Subchapter 5 corporation is a way to circumvent the double taxation of a


small corporation. True / false

Suppose a company rents a building for $225,000 a year for the purpose of manufacturing
between 100,000 and 180,000 units (the relevant range of activity). The rental cost per unit of
production will __________ with increase in production level. A. behave in a nonlinear fashion
B. increase C. decrease D. remain

Burke Ltd. began operations in February 2008 with 4,500 units of inventory that it purchased at a
cost of $12.00 each. The company's purchases during February were as follows: Sales during
February: Feb 4......................1,500 units Feb 15.....................5,800 units Feb
24.....................7,200 units

In Drosophila, the X-linked recessive mutations prune (pn) and garnet (g) recombine with a
frequency of 0.4. Both of these mutations cause the eyes to be brown instead of dark red.
Females homozygous for the pn mutation were crossed to males hemizygous for the g mutation,
and the F1 daughters, all with dark red eyes, w

Moped, Inc. purchased machinery at a cost of $44,000 on January 1, 2017. The expected useful
life is 5 years and the asset is expected to have salvage value of $4,000. Moped depreciates its
assets using the double-declining balance method. What is the firm's gain or loss if the
machinery is sold for $22,000 on December

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The financial records for the Lee Manufacturing Company have been destroyed in a fire. The
following information has been obtained from a separate set of books maintained by the cost
accountant. The cost accountant now asks for your assistance in computing the missing amounts.
What is the amount of the materials purch

1-Capital budgeting decisions are based on free cash flow because free cash flow better reflects
when money is received and available for reinvestment than account profits. True False 2-
Increases in working capital needs should be included as part of the initial outlay of a project, but
decreases in working capital

In 1988, Michael Malone, a professor of computer science and a specialist in digital technology,
realized that it was only a short time before the computer would change the way people lived.
Although he was 29 and quite happy with his $70,000 annual salary, he decided that this was an
opportunity he just could not pass

Which of the following causes a permanent difference between taxable income and pretax
accounting income? • The installment method used for sales of property • MACRS
depreciation method used for equipment • Interest income on municipal bonds

A normal woman with a color-blind father married a normal man, and their first child, a boy, had
hemophilia. Both color blindness and hemophilia are due to X-linked recessive mutations, and
the relevant genes are separated by 10 cM. This couple plans to have a second child. What is the
probability that it will have hem
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If a worker's real wage rate falls, explain the consequent substitution effect. What is the
relevance of the substitution effect to the slope of the labour supply curve? (b) What is meant by
the Value of the Marginal Product of labour (VMPL), and by the Marginal Revenue Product of
labour (MRPL)? Illustrate this numer

Think about the last purchase you made in each of the following product categories. What were
the features, advantages, and benefits of the specific product or brand that you selected? After
completing the table, consider the positioning of the product or brand in the market. Does its
positioning match your responses i

Sterling Manufacturing sells tools to American Garden Supply. In a recent trans-action, the list
price of an order was $47,750 and the net price of the order was $32,100. Calculate the amount
of the trade discount. What was the trade discount rate? Round your answer to the nearest tenth
percent.

The following tetrad data were obtained from the cross A B × a b in Neurospora: Use these
data to construct a linkage map of the two genes and the centromere on their chromosome.

Soft drinks are sold in three sizes at a fast-food restaurant: small, medium, and large Explain why
the size of a soft drink is an example of a categorical variable.

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Mice have 19 autosomes in their genome, each about the same size. If two autosomal genes are
chosen randomly, what is the chance that they will be on the same chromosome?

A coffee manufacturer uses Colombian and Brazilian coffee beans to produce two blends, robust
and mild. A pound of the robust blend requires 12 ounces of Colombian beans and 4 ounces of
Brazilian beans. A pound of the mild blend requires 6 ounces of Colombian beans and 10
Ounces of Brazilian beans. Coffee is shipped in

Direct materials used totaled $124,700; direct labor amounted to$412,000; overhead was
computed to be $789,600; work in process inventory on March 1, 2014 was $482,500; and work
in process inventory on March 31, 2014 was $597,100. What was the cost of goods
manufactured?

If two loci are 10 cM apart, what proportion of the cells in prophase of the first meiotic division
will contain a single crossover in the region between them?

After spending $3450 for tables and $1650 for chairs a convention center manager finds that the
furniture cost 7% more than last year. find the amount that he spent last year on tables and
chairs . round to the nearest dollar.
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Alpha Company places 10 orders per year with its supplier. Each order is for an amount exactly
equal to the EOQ. Alpha has determined its annual inventory carrying cost is $2,000. Alpha
carries no safety stock at all. What is Alpha's order cost per order?

You have $255,906 in a savings account. The interest rate is 3% per year. The withdrawals will
take place at the end of each year, with the first withdrawal at the end of this year. How soon will
the savings be exhausted if you withdraw $30,000 each year?

Seasons Construction is constructing an office building under contract for Cannon Company.
The contract calls for progress billings and payments of $1,240,000 each quarter. The total
contract price is $14,880,000 and Seasons estimates total costs of $14,200,000. Seasons
estimates that the building will take 3 years to

Using consequential, rule-based, and character theories, evaluate Juanita's options. What should
Juanita do? Why? Juanita Maxwell devotes a great deal of time and energy in getting to know
her employees. She pays attention to what they say when she asks them how they're doing, and
she remembers incidental facts like p

Presented below are several figures reported for Plate Corporation and Saucer Industries as of
December 31, 2014. The cost of the 70% investment was equal to 70% of the book value of
Saucer's net assets. At the time of purchase, the fair values and book values of Saucer's assets
and liabilities were equal. ___________

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Create a WBS for one of the following projects: Introducing self-checkout registers at the school
bookstore Updating 50 laptops from Windows 7 to Windows 10 Providing a new Internet café
onsite at your organization Developing an app to sell online Earning your PMP certification
Decide on all level 1 and 2 catego

In Neurospora, the mutations arg, thi, and leu block the synthesis of arginine, thiamine, and
leucine, respectively. The following ordered tetrad data come from two crosses with these
mutations: Using these data, construct the linkage map(s) for these genes. Show the position of
the centromere(s).

Analysis of unordered yeast tetrads from the cross +++ × a b c yielded the following data:
Which of these genes are linked, and what is the map distance between them?

The following lots of a particular commodity were available for sale during the year: Beginning
inventory 10 units at $30 First purchase 25 units at $32 Second purchase 30 units at $34 Third
purchase 10 units at $35 The firm uses the periodic system and there are 20 units of the
commodity on hand at the end of

Do you believe that legal quotas are necessary to increase the diversity of top management
teams?

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The financial records of the owner and the business should NEVER be combined, this is referred
to as

Bugaboo Co. manufactures three types of cookies: Fluffs, Crinkles, and Snaps. The production
process is relatively simple, and factory overhead costs are allocated to products using a single
plantwide factory rate based on direct labor hours. Information for the month of May, Bugaboo's
first month of operations, follow

A company issues $5,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2010. Interest is
paid on June 30 and December 31. The proceeds from the bonds are $4,901,036. What is interest
expense for 2011, using straight-line amortization?

Consider a large cubic ice block floating in seawater. The specific gravities of ice and seawater
are 0.92 and 1.025, respectively. If a 15-cm-high portion of the ice block extends above the
surface of the water, determine the height of the ice block below the surface.

In the article: the urban public sector, When thinking about " How the Private Market is
supposed to Work', What does the concept of 'allocative efficiency' mean?

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An interest payment of $650 in a 20 percent tax bracket would result in a tax savings of _____.

Normally a job cost sheet is not prepared for a job until after the job has been completed, is this
statement true or false

One of Hartman company's activity cost pools is inspecting, with estimated overhead of
$140,000. Hartman produces throw rugs (700 inspection) and area rugs (1,300 inspection). how
much of the inspecting cost pool should be assigned to throw rugs? a) 75,384 b) 70,000 c)
140,000 d) 49,000

Stryker Industries received an offer from an exporter for 15,000 units of product at $17.50 per
unit. The acceptance of the offer will not affect normal production or domestic sales prices. The
following data is available: Domestic unit sales price $20 Unit manufacturing costs: Variable 11
Fixed 1 What is the different
The following pedigree, described in 1937 by C. L. Birch, shows the inheritance of X-linked
color blindness and hemophilia in a family. What is the genotype of II-2? Do any of her children
provide evidence for recombination between the genes for color blindness and hemophilia?

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XO-20 is an oil-based product used to remove rust on bolts and nuts that are stuck. Its accounting
system uses standard costs. The standards per 0.4-liter can of solution call for 0.67 liters of
material and 4 hours of labor. (0.67 liters of material are needed due to evaporation in the
production process.) The standar

A 20-year, 4% quarterly coupon, $1,000 par value bond is selling for $1,075.31 with. Find its
YTM in (a) APR and (b) EAR.

Identify the seven dimensions along which management can globalize, in organizing their
international activities.

Discuss the purpose of using a diagnostic instrument/model to help manage change. Describe the
key aspects that an instrument/model should effectively identify or outline in order to facilitate
change.

Waskom Furniture Company provides the following data for the months of July through
October: Collections from customers are normally 70% in the month of sale and 30% in the
following month. All purchases are on credit and paid in cash in the following month. November
sales are budgeted to be $165,000, and November pur

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The following tetrads were produced by a cross of a Neurospora strain that had white spores (w)
and a nutritional requirement for the amino acid arginine (arg) with a strain that had dark spores
and no arginine requirement: (a) What is the map distance between the arg locus and the
centromere? (b) What is the map dis

A 4.70% bond was issued 7 years ago, and has 8 years left to maturity. It is currently trading at a
price of $1,069.31. The bond's YTM is ____________%

Elmwood, Inc. currently sells 12,700 units of its product per year for $107 each. Variable costs
total $82 per unit. Elmwood's manager believes that if a new machine is leased for $200,025 per
year, modifications can be made to the product that will increase its retail value. These
modifications will increase variable

Will misclassifying a product cost as a period cost cause the income statement or balance sheet
to be incorrect?
In 2011 oil production in Libya was interrupted by political unrest. At the same time, the demand
for oil by China continued to rise. a. Demonstrate the impact on the quantity of oil bought and
sold. b. Oil production in Libya returned to its original levels by the end of 2012. What was the
likely effect on equilib

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Molly's Greenhouse supplies bedding plants and other gardening products to a variety of stores
across Alberta and also has a local greenhouse open to the public. Molly uses a perpetual
inventory system. Transactions for the business are shown below:

The order of three genes and the centromere on one chromosome of Neurospora is centromere -
x -y - z. A cross between + + + and x y z produced an ascus with the following ordered array of
ascospores (only one member of each spore pair is shown): (++z) (+y z) (x + +) (x y +). (a) Is
this ascus most likely the result of

A Drosophila geneticist has identified a strain of flies with a large inversion in the left arm of
chromosome 3. This inversion includes two mutations, e (ebony body) and cd (cardinal eyes),
and is flanked by two other mutations, sr (stripe thorax) on the right and ro (rough eyes) on the
left. The geneticist wishes to

The following pedigree, described in 1938 by B. Rath, shows the inheritance of X-linked color
blindness and hemophilia in a family. What are the possible genotypes of II-1? For each possible
genotype, evaluate the children of II-1 for evidence of recombination between the color
blindness and hemophilia genes.

Describe/Explain at least two steps you could take to check whether or not a dataset is normally
distributed.

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Describe equilibrium, surplus and shortage. For each situation, explain what the relationship is
between Qd and Qs, and between S and D. What is causing these relationships to exist?

Jane Foss is a sales clerk at Mac's Department Store. She is paid $7.50 per hour plus a
commission of 3 percent on all sales. Assuming Jane works 34 hours and has sales of $3,500, her
gross pay is:

You have been appointed as the costing manager of a large health club having a membership of
around 2000-2500 members. The club provides personal trainers for its members on request as
an add-on facility. The club pays a small salary to the hired personal trainers as remuneration. In
addition to this, these trainers ar

Twenty-seven percent of likely U.S. voters think that it is too easy to vote in the United States.
You randomly select 12 likely U.S. voters. Find the probability that the number of likely U.S.
voters who think that it is too easy to vote in the United States is (a) Exactly three, (b) At least
(four, and (c) Less

McKimley Corp., is a manufacturer of automobile components. One of its subdivisions has been
experiencing high labor turnover for the past few months and the management has been unable
to find suitable replacements for those who quit. The firm is incurring a high average cost of
production because the manufacturing ove

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1. Consider the following historical data gathered by a retail store:


Month.........Mar......Apr......May......Jun......Jul......Aug
Demand........18........16.........16........14.......12......14 Use a simple moving average with n = 4 to
forecast demand for November. a. 14.0 b. 15.33 c. 15.6 d. 18.4 2. Consid

Assume that Selling Division and Buying Division are both owned by Overall Corporation.
Selling Division sells a product that is used by Buying Division and outside customers. Selling
Division has 11,000 units of excess capacity. Selling Division currently sells the product for $45
per unit and Buying Division currentl

The financial statements of Hainz Company appear below: HAINZ COMPANY Comparative
Balance Sheet December 31 Assets 2017 2016 Cash $20,000 $40,000 Short-term investments
20,000 60,000 Accounts receivable (net) 40,000 30,000 Inventory 60,000 70,000 Property, plant
and equipment (net) 260,000 300,000 Tot

The Flynn Company began the period with $15,000 worth of raw materials. During the period
they purchased an additional $17,000 worth of materials and issued $24,000 of materials for
production. In addition, the company paid $8,000 for direct labor costs and $6,000 in
manufacturing overhead costs. The balance in the

Special assessments levied for debt service of bonds issued for a special assessment capital
project will be accounted for by a debt service fund under which of the following situations? A
Choice A B. Choice B C. Choice C D. Choice D

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Two yeast strains differing in three linked genes were crossed: A B C × a b c. Among the
tetrads that were analyzed, one contained the following spores: A B C, A b C, a B c, and a b c.
How did this tetrad originate?

The Fancy Flier Airplane Corporation has a central materials laboratory. The laboratory has only
two users, the Large Plane Department and the Small Plane Department. The following data
apply to the coming budget year: Budgeted costs of operating the materials laboratory for 10,000
to 20,000 technician hours per year :
If a market basket was defined in 2006 and it cost 10,000 dollars to purchase the items in that
basket in 2006, while it cost $11,000 to purchase those identical goods in 2007, then the base
year is

Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In
2013, Wally's Party sold 30 bounce houses at $30,000 each. The bounce houses carry a three-
year warranty for defects. Wally estimates that repair costs will average 2% of the total selling
price. The estimated warranty liabilit

A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000,
variable costs were 40% of sales, and sales were $1,000,000. Operating profit was

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Suppose at the end of the meeting that Jack agrees to offer the restaurant buyout, including the
non-competition agreement. Prior to Jack and Sophia agreeing to the offer, however, Jack
changes his mind. Can he do so? A.) No, once an offer is made, it can never be revoked. B.) No,
unless the offer states that it is r

A materials requisition slip showed that direct materials requested were $66,000 and indirect
materials requested were $9,000. The entry to record the transfer of materials from the storeroom
is Entry field with correct answer a. Manufacturing Overhead.........................................75,000
Raw Materials Inve

Everest Corp. acquires a machine (seven-year property) on January 10, 2016 at a cost of
$2,022,000. Everest makes the election to expense the maximum amount under Sec. 179. a.
Assume that the taxable income from trade or business is $1,500,000. (1) What is the amount of
the Section 179 expensing deduction for the cur

On June 1, $40,000 of treasury bonds were purchased between interest dates. The broker
commission was $600. The bonds pay interest at 12%, which is paid semiannually on January 1
and July 1. How much interest revenue will be recorded on July 1? A. $400 B. $406 C. $2,000
D. $2,400

Do you believe that legal quotas are necessary to increase the diversity of top management
teams?

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If banks face a problem in loan markets when bad credit risks are the ones most likely to seek
bank loans, the situation is described as. Moral hazard Moral suasion Adverse selection Fraud

With community policing there is an emphasis on crime analysis. Why/why not? True or False:
Sol purchased land as an investment on January 12, 2004, for $85,000. On January 31, 2011, Sol
sold the land for $20,000 cash. In addition, the purchaser assumed the mortgage of $70,000 on
the land. What is the amount realized (not gain realized) on the sale of the land?

A $5,300, 11.9% note is dated April 21 and is due on 60 days. The amount of interest on the due
date of the note would be Selected

Mustaine Company sells only one product at a regular price of &7.50 per unit. Variable expenses
are 60% of sales and fixed expenses are $30,000. Management has decided to decrease the
selling price to $6.00 in hopes of increasing its sales volumes. What is the sales dollars level
required to break even at the old price

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Suffolk Corporation issued $92,000 of 20-year, 6 percent bonds at 98 on one of its semiannual
interest dates. The straight-line method of amortization is to be used. The entry to record the
bond interest expense on the next interest payment date is: a. Bond Interest
Expense..........................................2,

Two strains of maize, M1 and M2, are homozygous for four recessive mutations, a, b, c, and d,
on one of the large chromosomes in the genome. Strain W1 is homozygous for the dominant
alleles of these mutations. Hybrids produced by crossing M1 and W1 yield many different
classes of recombinants, whereas hybrids produced

Tulip Company produces two products, T and U. The indirect labor costs include the following
two items: Plant supervision.....................$700,000 Setup labor (indirect)..................300,000
Total indirect labor................$1,000,000 The following activity-base usage and unit production
information is a

1. A company with a degree of operating leverage of 4 would expect net operating income to
increase by 200% if sales increased from $100,000 to $150,000. A) True B) False 2. For a given
level of sales, a low contribution margin ratio will produce less net operating income than a high
contribution margin ratio. A) T

Effective Group Decisions at the Denver Broncos* Based on the case, Effective Group Decisions
at the Denver Broncos, please provide in-depth answers to the following three questions: 1. (a)
Describe the decision making process at the Denver Broncos' marketing group in detail. (b) Why
is the group decision process b

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The following cost information is available for a single product manufactured and sold by
Dreamer Corp.: Variable costs: Direct materials $ 10 Fixed costs (in total): (Per unit) Direct
labor 12 Fixed overhead $ 540,000 Variabl
Splitter Corporation had total sales in the current year of $750,000 and credit sales of $650,000.
The Accounts Receivable balance was $450,000 on the balance sheet date and the Allowance for
doubtful Accounts had a credit balance of $10,000 before adjusting entries. Bad debt expense is
estimated as 2% of credit sales.

The following fictitious flyer would have been sent out in a massive mailing to solicit business.
After reading the flyer below, answer the following questions using specific class text terms and
concepts. Does the flyer follow the principles of organized writing? Does the flyer demonstrate
the principles of clear wr

Dirt bikes are simpler and lighter motorcycles that are designed for off-road events. Speci-
fications for dirt bikes can be found through Motorcycle USA on their website www.motorcycle-
usa.com. A simple random sample of 30 dirt bikes have a mean fuel capacity of 1.91 gallons
with a standard de-viation of 0.74 gallons.

Stacey and Andrew each own one-half of the stock in Parakeet Corporation, a calendar year
taxpayer. Cash distributions from Parakeet are: $350,000 to Stacey on April 1 and $150,000 to
Andrew on May 1. If Parakeet's is $60,000, how much is allocated to Andrew's distribution? a.
$5,000. b. $10,000. c. $18,000. d.

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Determine whether the scatter diagram indicates that a linear relation may exist between the two
variables. If the relation is linear, determine whether it indicates a positive or negative
association between the variables.

The following accounts receivable confirmations were sent out by you and returned to you from
Superior's customers. Based on the customer do comments indicate what action you would take?
Dear Mr. Adams, Our auditor, Miller, CPA, is currently auditing our financial statements. To
facilitate that audit, please confirm th

On 1/1/2001, ABC Co. issued $1,000,000 5-year bonds with a market rate of 8%. Interests are
paid annually on 12/31. The coupon rate is 5%. Answer the following questions assuming that
the company uses the effective interest method of amortization. Show your calculations.
Determine the selling price of the bond on the

Everest Corp. acquires a machine (seven-year property) on January 10, 2016 at a cost of
$2,022,000. Everest makes the election to expense the maximum amount under Sec. 179. a.
Assume that the taxable income from trade or business is $1,500,000. (1) What is the amount of
the Section 179 expensing deduction for the cur

Imagine that you and your fellow MBA students in this class are a team of consultants hired by a
company for the purposes of recommending a potential international strategy for a U.S.
company. In the discussion forum, you will be discussing options for the client, "ABC Cabinet
Company." ABC Cabinet Company is a kitche

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On January 1, 2016, American Corporation purchased 25% of the outstanding voting shares of
Short Supplies common stock for $232,500 cash. On that date, Short's book value and fair value
were both $930,000. The equity method is deemed appropriate for this investment. Short's net
income reported on December 31, 2016, was

Do you believe that thinking more clearly about ethical issues and moral dilemmas has any
potential for helping you do what you consider to be the right thing?

Seventy percent of a house painter's business is exterior work and the other thirty percent is
interior. The average exterior paint job takes 20 hours of labor and $400 of paint and primer, but
the average interior job takes only 6 hours of labor and $75 of paint and primer. If he gets 20
service calls for the coming m

H&R Block Inc. provides tax preparation services throughout the United States and other parts
of the world. These services are provided through two segments: company-owned offices and
franchised operations. Recent financial information provided by H&R Block for its company-
owned and franchised operations is as follows

1. Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units
were completed during the period; 3,000 units were 20% completed at the end of the period, and
the following manufacturing costs debited to the departmental work in process account during
the period: Work in process, beginning o

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Allowance for doubtful accounts increased from the prior year, but allowance for doubtful
accounts as a percentage of accounts receivable decreased from the prior year. Which of the
following is not a possible explanation for this finding? A. Items shipped on consignment during
the last month of the year were recorded

If Dr. Smith buys a machine for $5,000 and is able to improve the earnings of her practice by
$2,000 a year for five years, and then can sell the machine for $600 as scrap, what is the NPV at
15 percent? What is the IRR?

The Doyle Trust reports distributable net income for the year of $100,000 and no income from
tax-exempt sources. Under the terms of the trust instrument, the trustee must distribute $20,000
to Roger and $20,000 to Sally. After paying these amounts, the trustee is empowered to make
additional distributions at its discre
Refer to Table given below, Glen Write owns an engineering firm. He asked his employees for
suggestions regarding equipment they thought the firm would need during the next year. They
suggested the purchase of eight pieces of equipment. Glen calculated the net present value of
each recommendation. Glen estimates that h

On January 1, 2014, Huff Co. sold $4,000,000 of its 10% bonds for $3,541,184 to yield 12%.
Interest is payable semiannually on January 1 and July 1. What amount should Huff report as
interest expense for the six months ended June 30, 2014? $212,471 $177,064 $200,000 $240,000

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Buerhrle's CVP income statement included sales of 3,000 units, a selling price of $100, variable
expenses of $60 per unit, and fixed expenses of $66,000. Contribution margin is

A) $300,000. B) $180,000. C) $120,000. D) $54,000.

Define a scope limitation and distinguish between client-imposed and circumstance-imposed


scope limitations. What reporting options are available to auditors when scope limitations are
encountered during the engagement?

Determine the realized, recognized, and postponed gain or loss and the new basis for each of the
following like-kind exchanges: (a) Adjusted Basis of Old Machine: $7,000; Boot Given: $0; Fair
Market Value of New Asset: $12,000; Boot Received: $4,000 (b) Adjusted Basis of Old
Machine: $14,000; Boot Given: $2,000; Fair

Fad City sells novel clothes that are subject to a great deal of price volatility. A recent item that
cost $22.00 was marked up $12.60, marked down for a sale by $5.40 and then had a markdown
cancellation of $3.10. The latest selling price is: a) $32.30. b) $37.70. c) $27.40. d) $32.26.

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At the end of the accounting period, Houston Company had $12,000 of par value common stock
issued, additional paid in capital of $11,000, retained earnings of $12,000, and $4,000 of treasury
stock. The total amount of stockholders' equity is: A: $31,000 B: $37,000 C: $39,000 D: $19,000

An article (A. Jennings, "What's Good for a Business Can Be Hard on Friends," The New York
Times, August 4. 2007. pp. C1-C2) reported that according to a poll, the mean number of cell
phone calls per month was 290 for 18- to 24-year-olds and 194 for 45- to 54-year-olds, whereas
the mean number of text messages per mont

A process cost system be appropriate for a) Jet airplane builder b) Catering business c) Natural
gas refinery d) Custom cabinet builder

Pepsi ran an advertisement on national television promoting its Pepsi Points program whereby
consumers could obtain points by purchasing Pepsi products and then redeem the points for
certain apparel and other items. An alternate way to accumulate points was to purchase them for
a certain dollar figure. The Pepsi advert

Six hundred adults were asked whether or not they watch for calories and fat content when they
buy groceries. The following table gives the two-way classification of their responses, where yes
means that an adult watches for calories and fat content and no means he/she does not watch. If
one adult is randomly selected

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"A good control system places the blame for every unfavorable variance on someone in the
organization. Without affixing blame, no one will take responsibility for cost control.' agree?
Explain.

Montauk Oil Co. reports these account balances at December 31, 2017 Accounts Payable $
110,000 Land $ 200,000 Notes Payable $ 260,000 Equipment $ 160,000 Cash $ 80,000 Accounts
Receivable $ 100,000 Buildings $ 240,000 Capital Stock $ 340,000 Retained Earnings $ 70,000
On January 2, 2018, Montauk Oil collected $50,000 o

On January 1, 2015, Riley Company had a balance of $265,000 in its Equipment account. During
2015, Riley sold equipment that cost $85,000 for $48,000 cash. The balance in the equipment
account on December 31, 2015, was $240,000. Required: a. Determine the cash outflow for ht
purchase of equipment during 2015. Cash

Banks are more likely to create M-1 when the economy is expanding than when it is
experiencing a recession. Do you agree or disagree? Why?

Describe Alex and Anil's sales process before and after the mobile application was deployed.

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Charleston Affair currently makes the King Component, incurring variable costs of $18 per unit
and fixed costs of $4 per unit. The company has the option to purchase the component for $20
per unit. Prepare a differential analysis to determine if the company should make (Alternative 1)
or buy (Alternative 2) the King Co

DeMont Services provides primarily two lines of service: accounting and tax. Accounting-related
services represent 60% of its revenue and provide a contribution margin ratio of 30%. Tax
services represent 40% of its revenue and provide a 40% contribution margin ratio. The
company's fixed costs are $4,250,000. Calculate

Wisconsin Electronics has received an order for 1,000 specially designed TV/VCR
combinations. The following standards were compiled for this order Direct materials: Part #123
$25 per TV/VCR Part #456 $50 per TV/VCR Direct labour: 2.0 hours per TV/VCR at $15 per
hour Manufacturing support: $40 per direct labour
According to the text, to minimize the risk of material misstatement, auditors seek third- party
verification of account balances by mailing customers their statements. Discuss the advantages
of positive and negative confirmations, and ascertain whether or not email and oral confirmations
are acceptable to increase cus

The Kelleher family has health insurance coverage that pays 80 percent of out-of-hospital
expenses after a $500 deductible per person. If one family member has doctor and prescription
medication expenses of $1,100, what amount would the insurance pay?

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Describe the two -step process of forecasting the balance sheet.

Exercises contain graphs portraying the decision criterion for a one-mean z-test. The curve in
each graph is the normal curve for the test statistic under the assumption that the null hypothesis
is true. For each exercise, determine the a. Rejection region. b. Nonrejection region. c. Critical
value(s).

Leadership development is enhanced when experience involves the three processes of A.


stopping, looking and listening. B. perception, attribution and learning. C. action, observation
and reflection. D. action, behavior and consequence.

The control environment reflects the company's attitude, awareness, and actions of management
and the board concerning the importance of control and how it is used. This is very relevant to an
auditor's consideration of inventories and should include: a) commitment to competence and HR
policies and procedure; b) integr

Direct materials used totaled $124,700; direct labor amounted to$412,000; overhead was
computed to be $789,600; work in process inventory on March 1, 2014 was $482,500; and work
in process inventory on March 31, 2014 was $597,100. what was the cost of goods
manufactured?

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Discuss the purpose of using a diagnostic instrument/model to help manage change. Describe the
key aspects that an instrument/model should effectively identify or outline in order to facilitate
change.

Today's price of Home Depot's common stock is $50. A July 2018 call option on this Home
Depot's stock has an exercise price of $55 and costs $5. A July 2018 put option on this stock has
an exercise price of $45 and costs $2. A. What is the cost of holding the long call and long put
and what is this position called? B
a. What is the make span? b. How much machine idle time is there? c. When is each job
delivered compared with its due date? d. How much idle time (waiting time) is there for each
job? e. Devise a better job sequence for processing.

The government uses behavioral economics in order to optimize tax revenue in markets for
carbon fuels, cigarettes and more. Can you think of some social benefit in which behavioral
economics might be used to improve our society? Find some social benefit that should be
promoted and then use consumer choice or behavioral

Which of the following conditions would definitely cause a perfectly competitive company to
shut down in the short run? Select one: a. P < MC b. P = MC < AC c. P < AVC d. P = MR e.
None of the above Question 22 Answer saved Marked out of 6.00 Flag question Question text
Mars InC. produces 100,000 boxes of S

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The Lamp Company (TLC) currently makes and sells approximately 5,000 lamps per year. TLC
recently received an offer from a new customer to purchase 500 lamps. TLC has the capacity to
make the additional lamps but is reluctant to accept the offer because the price offered is
significantly below the normal selling price.

On June 1, $40,000 of treasury bonds were purchased between intrest dates. The broker
commission was $600. The bonds pay interest at 12%, which is paid semiannually on January 1
and July 1. What is the total cost to be debited to the Investment - Treasury Bonds account? How
much interest revenue will be recorded on Jul

In a certain study, the chances of encountering a car crash on the road are stated as "5 in "18.

Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive.

The probability is [ ] ?

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A seller can disclaim all implied warranties by stating that goods are sold "as is" (or by using
other, more specific language). Is this fair? The UCC's implied warranties seem reasonable-that
goods are fit for their normal purposes, for example. Should it be so easy for sellers to escape
their obligations?

A researcher says that 50% of the variance in blood pressure can be predicted from HR and that
blood pressure is positively associated with HR. What is the correlation between blood pressure
and HR?

Hinge Manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. The
company's selling and administrative expenses are $300,000 variable and $360,000 fixed. If the
company's sales is $1,480,000, what is its contribution margin? $820,000 $880,000 $760,000
$160,000

Blue Cross and Blue Shield System (BCBS), which provides healthcare insurance to nearly 33
percent of Americans, is a successful user of predictive analytics. It has established a database
that contains more than 100 million medical claims. To control increasing medical costs, BCBS
uses predictive analytics to identify

A hairdresser believes that she is more profitable on Tuesdays, her lucky day of the week. She
knows that, on average, she has a daily revenue of $250. She randomly samples the revenue from
eight Tuesdays and finds she takes in $260, $245, $270, $260, $295, $235, $270, and $265.
Assume that daily revenue is normally di

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Explain the role of regression models in forecasting. That is, how is trend projection able to
forecast?

Financial decisions, return, risk, and the firm's value are all related. The world of finance is
intertwined in the daily decisions that are made by the organization. For this discussion, consider
a key event that is being considered at your company. This could be the launch of a new product,
opening another location,

Mahon Corporation has two production departments, Casting and Customizing. The company
uses a job-order costing system and computes a predetermined overhead rate in each production
department. The Casting Department's predetermined overhead rate is based on machine-hours
and the Customizing Department's predetermined o

In 2011 the owners of National Football League teams expressed a desire to increase the number
of NFL games from 16 to 18 per season.The NFL players did not like this idea.Where does the
idea of the law of diminishing marginal returns enter in to this disagreement?

Genes a and b are 20 cM apart. An a+ b+/a+ b+ individual was mated with an a b/a b individual.
(a) Diagram the cross and show the gametes produced by each parent and the genotype of the F1.
(b) What gametes can the F1 produce, and in what proportions? (c) If the F1 was crossed to a b/a
b individuals, what offspring

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DeMarcus Industries manufactures a part used in several models of its automatic dishwashers
Monthly production costs for 5.000 units are Direct
materials..............................................540000 Direct labour..................................................10.000
Variable support costs................
Clark Company manufactures a product with a standard direct labor cost of two hours at $18.00
per hour. During July, 2,000 units were produced using 4,200 hours at $18.30 per hour. The
labor quantity variance was A) $3660 F B)$3600 U C)$2460 U D)$3660 U

Choose another branded product. Create a relevant profile for the marketing segment this product
serves.

Convertible bonds a. Have priority over other indebtedness. b. Are usually secured by a first or
second mortgage. c. Pay interest only in the event earnings are sufficient to cover the interest. d.
May be exchanged for equity securities.

On January 1, 2014, Vermont Ltd. reported the following balances relating to their defined
benefit pension plan: Defined benefit obligation ........................ $1,600,000 Fair value of plan
assets .......................... 1,600,000 Other data related to the pension plan for calendar 2014 are:
Current service

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A girl pulls a sled along a level dirt road by means of a rope attached to the front of the sled. The
mass of the sled is 40kg, the coefficient of kinetic friction is muk=0.60 , and the angle between
the rope and the road is 30 degrees. What pull must the girl exert to move the sled at constant
velocity?

What is the payback if investment cost is $45,000 and the after-tax benefit is $2,000?

Frank Corporation manufactures a single product that has a selling price of $30.00 per unit.
Fixed expenses total $51,000 per year, and the company must sell 8,500 units to break even. If
the company has a target profit of $16,500, sales in units must be: 9,648 8,760 10,375 10,560

Shipps Co. sells two products, Arks and Boats. Last year Shipps sold 12,600 units of Arks and
23,400 units of Boats. Related data are:

What was Shipps Co.'s sales mix last year?

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A) 35% Arks, 65% Boats

B) 30% Arks, 70% Boats

C) 60% Arks, 40% Boats

D) 12% Arks, 28% Boats


Henri earned a salary of $50,000 in 2001 and $60,000 in 2012. The consumer price index was
177 in 2001 and 225 in 2012. Henri's 2001 salary in 2012 dollars is a. $39,333.33. b. $74,000.00.
c. $89,333.33. d. $63,559.32.

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Consider a bank with the following income statement: It has $100 in loans with an interest rate
of 5 percent; $50 in security holdings, paying 10 percent; reserves of $10; $100 in savings
accounts that earn an interest rate of 2.5 percent; checking deposits equal to $30, a net worth of
$30, and other expenses of $15. F

Hawkins Products, Inc., has found that new products follow a learning curve. The first two units
have been completed with the following results: Units produced marginal labor time 1 80.00 2
68.00 How much time will be needed to complete the 3rd unit? a. 74.00 hours b. 57.80 hours c.
56.00 hours d. 54.40 hours

Woodpecker Co. has $296,000 in accounts receivable on January 1. Budgeted sales for January
are $860,000. Woodpecker Co. expects to sell 20% of its merchandise for cash. Of the remaining
80% of sales on account, 75% are expected to be collected in the month of sale and the
remainder the following month. The January cas

Chandier Company declared and paid a cash dividend. Which of the following choices
accurately reflects how this even would affect the company's financial statements? Choice A
Choice B Choice C Choice D

List 5 examples of value-added cost and 5 example on non value-added cost

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Pigeon Company owns 80% of the outstanding stock of Spiniflex Corporation, which was
purchased on January 1, 2008, when Spiniflex's book values were equal to its fair values. The
amount paid by Pigeon included $16,000 for goodwill. On January 1, 2009, Pigeon purchased a
truck for $40,000 which had no salvage value wit

Worth Manufacturing Company purchased a new production machine on July 1, 2010, for
$140,000. The estimated salvage value is $10,000. The company uses units-of-production
depreciation and estimates the machine will produce 100,000 units during its useful life. In 2010,
the company manufactured 5,000 units after acquiri

On July 15, Zink Jewels agrees to a contract to sell 4,000 promise rings for $100,000 to Costless
Stores, Inc. On October 1, after 2,000 rings pair of have been delivered, Zink and Costless
modify the agreement to reduce the price of the remaining 1,000 rings to $12 each. During
October, Zink Jewels delivers 600 rings.
Bowen Incorporated has five departments. The company's desired return for all departments is
8%. The service department currently has a return of 12% on $250,000 of operating assets. The
company is considering purchasing a new $150,000 machine for the service department. The
new machine is expected to have a 10% return

The Gold Division's break-even sales is closest to: $276,812 $201,449 $383,825 $301,391

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Which of the following values cannot be probabilities? 3/5, √2, -0.47, 5/3, 0, 1.24, 0.04, 1

With the product structure tree shown and a beginning inventory of zero for all components and
finished items, how many assembly As are needed to produce 25 product Xs? a. 125 b. 250 c.
325 d. 400

On January 1, 2014, Norton Corporation acquired a 15% interest in Liddy Corporation for
$120,000 when Liddy's Corporation for $120,000 retained earnings. Book values of Liddy's net
assets equaled their fair values on this date. Liddy's net income and dividends for 2014 through
2016 are as follows: 3. Assume that Norto

Journalize the following transactions in the accounts of Metromark Company, a restaurant


supply company that uses the allowance method of accounting for uncollectible receivables. Feb.
11. Sold merchandise on account to Dakota Co., $13,900. The cost of the merchandise sold was
$10,000. Apr. 15. Received $3,100 from

Describe three reasons that an immunized bond portfolio will not be perfectly hedged.

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(a) Are business managers microeconomic or macroeconomic market participants? Explain. (b)
Why do most business managers take market conditions as given to their firm? (c) Provide an
example of a macroeconomic event that would affect firms. (d) Provide an example of a
microeconomic event that would affect firms. (e

What are parallel/gray market exports and how do they harm the exporting company and its
brand names? Please explain.

Martin & Sons is a small wholesale distributor of consumer goods. The company generates a
gross margin of 27% of sales. Sales are 35% for cash and 65% on credit. Credit sales are
collected in the month following sale, and accounts receivable on June 30, 2014 are the result of
June credit sales. Actual and budgeted sale

On June 1, 2015, Ivanhoe Company and Shamrock Company merged to form Bridgeport Inc. A
total of 752,000 shares were issued to complete the merger. The new corporation reports on a
calendar-year basis. On April 1, 2017, the company issued an additional 562,000 shares of stock
for cash. All 1,314,000 shares were outstan

On January 1, 2013, Queen Corporation issued 12-year, 6% bonds payable with a face value of
$10 million. The bonds require semi-annual coupon payments on June 30 and December 31
every year. Fill in the blanks below to show the amounts and timing for contractual future cash
flows for these bonds. Lump-sum payment due a

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Explain how the applications of Integer programming differ from those of linear programming.
Give specific instances in which you would use an integer programming model rather than an LP
model. Provide real-world examples.

Stephen Colbert (SC) Corporation will have a net income next year of $16.00 million. a. If SC
corporation tax is 35% and it pays 5% interest on its debt, how much additional debt can SC
issue this year and still receive the benefit of the interest tax shield next year? (Show your
calculations) b. If SC corporation ta

Alan has just started work and he has been wanting to buy a sleek power boat for some time.
Rather than purchase and finance now, he plans to save money and buy it with cash. He plans to
deposit a fixed amount every month into a bank account that pays 3% a year, compounded
monthly. His first deposit will be made a mont

A large food chain own a number of pharmacies that operate in a variety of settings. Some are
situated in small towns and are open for only 8 hours a day, 5 days per week. Others are located
in shopping malls and are open for longer hours. The analysts on the corporate staff would like to
develop a model to show how a

William, a 69-year-old retired male went to his doctor, complaining of leg pain that started in his
lower back, ran across the side of his thigh and over the front of his knee. Next, he developed
pain that radiated from his back to his front at the chest through the level of his nipples and also
at the umbilicus. A ph

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Some people claim that they can tell the difference between a diet soda and a regular soda in the
first sip. A marketing researcher wanting to test this claim randomly sampled 80 such people. He
then filled 80 plain white cups with soda, half diet and half regular- through random assignment,
and asked each person to ta

A friend of yours has left his job and must transfer his 401(k) plan to an IRA. He is 40 years old
and has $100,000 saved in his 401(k$ plan. Your friend has visited 3 different brokers and has
received 3 different recommendations. The recommendations are listed below. Explain why each
recommendation might not be a goo

Some companies suffer more in a recession (or economic slowdown) than others. Many
businesses are positioned to benefit more in a recovery (or strong economic growth period).
Determine how Ford is being affected by the current slow growth. Explain what should happen
to Ford's profits in the different stages of the bu

A golf instructor wants to determine if the drive distance is different for three golf ball brands.
The instructor has several of his students drive the different brands and collects the following
data. a. Construct a two-way (without interaction) ANOVA table for the data. b. At the 5%
significance level, can you con

Suppose Australia has only one firm that makes aircraft. Without assistance from the
government, that firm has lost most of its business to imports from the United States and Europe.
Which of the following policies would be most costly for the Australian nation as a whole, and
which would be least costly? Explain. Pay

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If fixed costs are $300,000, the unit selling price is $31, and the unit variable costs are $22, what
is the break-even sales (units) if fixed costs are reduced by $30,000?

Columbia Corp's required ROI is 10% Its West Division has revenues of $6,000,000, asset
turnover, of 1, and ROI of 10%. Calculate the West Division's operating income Required
answer format: 30000 not 30,000 or $30,000

Ellison Company's balance sheet shows: Common stock, $20 par..............................$3,000,000


Paid-in capital in excess of par........................1,050,000 Retained
earnings.........................................750,000 Instructions Record the following transactions by the
cost method. (a) Bought 8,0

What different components of a person's perceptual screens may distort communication?

The key documents and forms required in opening and using a checking account are the
signature card, deposit tickets, checks, and bank statements. True / false

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Choose another branded product. Create a relevant profile for the marketing segment this product
serves.

Fisher Black and Myron Scholes receive the 1997 Nobel Prize in Economic Science for their
work on option pricing. Although the model is theoretically elegant and beautiful, it was not
widely used to price options in real life because it calls for inherent volatility which is
unobservable. However, given the dependabili

1-Discuss the various classifications of assets on the balance sheet. Why are they important? 2-
Some would argue that accounting is a science, thus, solutions to questions of accounting
standards should be arrived at by the "scientific method" of observation, experimentation, and
verification. Others might argue that

Consider the following data that gives the quantity produced and unit price for three different
goods across two different years to answer the adjacent five questions: Assume that the base year
is 2012. a. what was the real GDP in 2013? b. What was the gdp deflator in 2013? c. What was
the inflation rate between the

A fast-food chain randomly attaches coupons for prizes to the packages used to serve french
fries. Most of the coupons say "Play again," but a few are winners. Seventy-five percent of the
coupons pay nothing, with the rest evenly divided between "Win a free order of fries" and "Win
a free sundae." (a) If each member

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A person makes annual payments of $1,000 into an ordinary annuity. At the end of 5 years, the
amount in the annuity is $5,840. What annual nominal compounding rate has this Annuity
earned?

A school has 200 seniors of whom 140 will be going to college next year. Forty will be going
directly to work. The remainder are taking a gap year. Fifty of the seniors going to college play
sports. Thirty of the seniors going directly to work play sports. Five of the seniors taking a gap
year play sports. What is the

What forces are driving change in the movie rental industry? Are these driving forces likely to
have a favorable or unfavorable impact on competitive intensity and future industry profitability?

What recommendations would you make to Tiffany & Co. management to strengthen the
company's competitive position and future strategic and financial performance?

What competitive advantage or disadvantage might an eBooks only textbook publisher have
relative to McGraw-Hill, Pearson, and other large international publishers?

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Articulate two - three points of agreement and one - two points of disagreement based on your
reading of Global warming

An income statement for Crandall's Bookstore for the firstquarter of the current year is presented
below: On average, a book sells for $90. Variable selling expenses are$3 per book, with the
remaining selling expenses being fixed. The variable administrative expenses are 3% of sales,
with the remainder being fixed. T

What is different about selling to a safari company and a hunting company?

What key factors determine the success of makers of fine ladies handbags and leather
accessories?

What are the dominant economic characteristics of the specialty baking market? Does it appear
that the industry's prospects for growth and attractive profits are good?

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What recommendations would you make to Father Daniel Mary in terms of crafting and
executing strategy for the monastery's coffee operations? Are changed needed in its long-term
direction? its objectives? its strategy? its approach to strategy execution? Explain.

How strong are the competitive forces confronting Under Armour, Nike, and The adidas Group?
Do a five-forces analysis to support your answer.

Does Under Armour have any core competencies and, if so, what are they?

What strategic issues and problems does Tiffany & Co. management need to address?

What are the key features of Henkel's organizational culture? Does this company's culture
support good strategy execution? Explain.

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What is competition like in the textbook industry? Which of the five competitive forces seems
strongest? Which of the five forces is weakest?

What is SANParks and Kruger National Park's objective? Is selling rhino consistent with this
vision? If not, then what should it be?

How would you go about measuring Frog's Leap's efforts to become sustainable?

How does a sale to a hunting and safari company affect the economy?

How have the current resource allocations, policies, incentive systems, and operating procedures
impacted the situation at Bayonne? Explain.

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What key factors will determine a company's success in jewelry retailing in the next 3-5 years?
What does a SWOT analysis of Chipotle Mexican Grill reveal about the overall attractiveness of
its situation?

Which one of the five generic competitive strategies discussed in Chapter 5 most closely
approximates the competitive approach that Under Armour is employing?

Does Chipotle Mexican Grill have any core competencies and, if so, what are they?

How strong are the competitive forces confronting Tiffany & Co. and other retail jewelers?
Which one of the five competitive forces is the strongest? Do a five-forces analysis to support
your answer.

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Which of the three strategic options under consideration by Sift's owners have the best fit with its
internal and external situation? What recommendations would you make to Andrea and Jeff
Ballus to strengthen the company's competitive position and future strategic and financial
performance?

Which one of the five generic competitive strategies discussed in Chapter 5 most closely
approximates the competitive approach that lululemon is employing?

What strategic issues and problems does Panera Bread management need to address?

What chief difference(s) do you see between Chipotle's strategy and the strategy being employed
at Moe's Southwest Grill?

What are the key elements of lululemon's strategy?

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What does your strategic group map of the performance sports apparel industry look like? Is
lululemon well positioned? Why or why not?

What is Panera Bread's strategy? Which of the five generic competitive strategies discussed in
Chapter 5 most closely fit the competitive approach that Panera Bread is taking? What type of
competitive advantage is Panera Bread trying to achieve?

Does Tiffany have adequate competitive strength to defend its position in the industry? Do a
weighted competitive strength assessment using the methodology presented in Table 4.4 of
Chapter 4 to support your answer.

What does a SWOT analysis reveal about the overall attractiveness of lululemon's situation?

Describe the current situation at Bayonne. How might Milliken summarize Bayonne's
performance problems?
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Which rival restaurant chains appear to be Panera's closest rivals?

What is your appraisal of Sift's financial performance based on the data in case Exhibit 9? How
well is the company doing financially? Us the financial ratios in the Appendix of the text as a
guide in preparing the calculations needed to arrive at an analysis-based answer to your
assessment of Sift's financial performa

What are the primary and secondary components of Chipotle's value chain?

What key factors will determine a company's success in the specialty baking market in the next
3-5 years?

What does the data in case Exhibit 7 reveal about Panera Bread's 3 business segments?

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What are the strengths and weaknesses of Coach Inc.? What competencies and capabilities does
it have that its chief rivals don't have? What new market opportunities does Coach have? What
threats do you see to the company's future well being?

What are the primary components of Panera Bread's value chain?

What action recommendations would you make to CMG's top executives to strengthen the
company's growth and profitability?

What is your appraisal of Panera Bread's operating performance based on the data contained in
case Exhibit 2?

What is your appraisal of Chipotle Mexican Grill's financial performance based on the data
contained in case Exhibit 1? How well is the company doing financially? Use the financial ratios
in Table 4.1 of Chapter 4 as a guide in doing the calculations needed to arrive at an analysis-
based answer to your assessment of Ch

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How does Chipotle Mexican Grill's competitive strength compare against that of Taco Bell,
Qdoba Mexican Grill, and Moe's Southwest Grill? Do a weighted competitive strength
assessment using the methodology presented in Table 4.4 in Chapter 4 to support your answer.
Based on your assessment and calculations, does Chipot

Is Mystic Monk Coffee's strategy a money-maker? What is MMC's business model? What is
your assessment of Mystic Monk Coffee's customer value proposition? its profit formula? its
resources that enable it to create and deliver value to customers?

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