H0 : μ = 400H1 : μ ≠ 400A random sample of 12 observations is selected from a normal population. The sample mean was 407 and the sample standard deviation 6. Using the .01 significance level:a. State the decision rule. (Negative amount should be indicated by a minus sign. Round your answers to 3 decimal places.)Reject H0 when the test statistic is outside the interval […]

A proud university alumnus deposited $50,000 in a savings account as a perpetual trust. She believes the account will earn 7% per year during the first 10 years and 5% per year thereafter. The trust fund is to provide a uniform end-of-year scholarship at her alma mater. What uniform amount could be used for the student scholarship each year, beginning one year after depositing the […]

A project has an initial cost of $38,000 and a four-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,000, $1,200, $1,500, and $1,700 a year for the next four years, respectively.What is the average accounting return?

A program was developed to improve nutrition among low-income residents in New York City. This program was evaluated by comparing NYC residents who were randomly assigned to the intervention group vs. residents assigned to the control group. The intervention was a 1-hour session with a nutritionist. One of the outcomes was the score on a dietary knowledge test administered 1 month after the program. The […]

It is the end of a reporting period. Because there are more people than usual retiring this year, your manager has asked your accounting department to create 2 things:A process documentation detailing the different methods of preparing income statements, specific sections of the income statement, and how to handle the special types of income statement itemsBasic financial statements for your companyIndividual Portion:Visit the SEC’s Web […]

1. A problem using the direct write-off method for uncollectible accounts receivable isA. it understates the future amount of receivables expected to be collected (future cash inflow) on the balance sheetB. it overstates the future amount of receivables expected to be collected (future cash inflow) on the balance sheetC. it is the GAAP preferred method for recording uncollectible accountsD. it allows for earnings management when […]

A printed circuit board manufacturing plant is discharging thechemical 1,1,1-trichloroethane into a river that subsequently flowsinto a lake, the source of drinking water for a small town. thelevels of TCA in this lake currently fail to meet drinking waterobjectives of 10ppb. by assuming that the lake is a well mixedsystem, thatconcentrations are at steady state and the only processes acting onthis chemical in the lake […]

1) Please state your proposed topic for the Toulmin essay and briefly explain what the issue is with the topic. Please also state your stance on this issue.2) Please post your proposed thesis statement for this topic. Remember, your thesis statement is a complete sentence.3) List a peer-reviewed source that you plan to use in this essay. You must show both an in-text and a […]

A non for profit company experiments with two procedures for contacting regular donors. In the first procedure, a phone call is made, the non-for-profit’s objectives for the coming year are discussed and any questions are answered. The second procedure is similar, except that an agent of the non-for-profit arranges to meet with donors in their homes. For a random sample of 80 donors contacted by […]

A man manufactured 300 articles.He received wages for a guaranteed 48 hour week at the rate of $6 per hour.The estimated time to produce one article is 10 minutes and under the scheme the time allowed is increased by 20%.calculate his gross wages according to:a.piece workb.guaranteed weekly wagec.piecework plus rowan premium bonusd.piece work plus halsey bonusd.piece work plus halsey weir bonus