In a survey, chief executive officers (CEOs) indicated that they would prefer to relocate their

businesses to Atlanta (first choice), San Diego, Tampa, Los Angeles, or Boston. The CEOs who
said they planned on building new office space in the following year were asked where they were
going to build. They indicated they

When would a researcher use a judgment, or purposive, sample?

In what types of situations is conducting a census more appropriate than sampling? When is
sampling more appropriate than taking a census?

A publisher offers college professors one of four best-selling mass-market books as an incentive
for filling out a 10-page mail questionnaire about a new textbook. What advantages and
disadvantages does this incentive have?

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It has been said that surveys show that consumers hate advertising, but like specific ads.
Comment.

Give an example of a political situation in which longitudinal research might be useful. Name
some common objectives for a longitudinal study in a business situation.

Outline a research design using observation for each of the following situations: a. A bank
wishes to collect data on the number of customer services and the frequency of customer use of
these services. b. A state government wishes to determine the driving public’s use of seat
belts. c. A researcher wishes to know ho

1. How comparable are the two different methods? In what ways are they similar? In what ways
are they different? 2. What are the positive and negative aspects of each approach that Shocker
should consider before recommending a course of action for FlyAway Airways? 3. What aspects
of service quality does each approach a

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What role does debriefing play in ensuring that experimental procedures are consistent with good
ethical practice?

What is the difference between a concept and a construct?

What is a scanner-based consumer panel?

Suppose you are the research director for your state’s tourism bureau. Assess the state’s
information needs, and identify the information you will collect in a survey of tourists who visit
your state.

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What is the difference between a main effect and an interaction in an experiment? In question 2,
what will create a main effect? Is an interaction possible?

A researcher wishes to compare two hotels on the following attributes: Convenience of location
Friendly personnel Value for money a. Design a Likert scale to accomplish this task. b. Design a
semantic differential scale to accomplish this task. c. Design a graphic rating scale to accomplish
this task.

A researcher thinks many respondents will answer “don’t know” or “can’t

say” if these options are printed on an attitude scale along with categories indicating level of
agreement. The researcher does not print either “don’t know” or “can’t say”
on the questionnaire because the resulting data wou

Name some possible sampling frames for the following: a. Electrical contractors b. Tennis
players c. Dog owners d. Foreign-car owners e. Wig and hair goods retailers f. Minority-owned
businesses g. Men over six feet tall

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Consider the following scenario: Sea Snapper brand gourmet frozen fish products claimed in
advertising that their fish sticks are preferred more than two to one over the most popular brand,
Captain John’s. The advertisements all include a definitive statement indicating that research
existed which substantiated this

If researchers know that consumers in various geographic regions respond quite differently to a
product category, such as tomato sauce, is area sampling appropriate? Why or why not?

If a semantic differential has ten scale items, should all the positive adjectives be on the right and
all the negative adjectives on the left?

’NET Go to www.spss.com and click on Industries and Market Research. What services does
the company provide?

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Return to the simple example of regression results for the toy company presented in the chapter.
Since the data come equally from Europe and Canada, does this represent a potential source of
variation that is not accounted for in the researcher’s model? How could the researcher
examine whether or not sales may be dep

What is a standardized normal curve?

Calculate the standard deviation for the data in question 2.

A manufacturer of MP3 players surveyed one hundred retail stores in each of the firm’s sales
regions. An analyst noticed that in the South Atlantic region the average retail price was $165
(mean) and the standard deviation was $30. However, in the Mid-Atlantic region the mean price
was $170, with a standard deviation

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When should interviewers probe? Give some examples of how probing should be done.

A researcher expects the population proportion of Cubs fans in Chicago to be 80 percent. The
researcher wishes to have an error of less than 5 percent and to be 95 percent confident of an
estimate to be made from a mail survey. What sample size is required?

1. Formulate a statistical hypothesis appropriate for the consumer group’s purpose. 2.

Calculate the mean average miles per gallon. Compute the sample variance and sample standard
deviation. 3. Construct the appropriate statistical test for your hypothesis, using a 0.05
significance level. Quality Motors is an autom

In a survey of 500 people, 60 percent responded with agreement to an attitude question.

Calculate a confidence interval at 95 percent to get an interval estimate for a proportion.

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Explain how OLS determines where a regression line should be placed among a plot of
observations.

Comment on the professionalism of the procedures used to make the advertising claim. Why do
you believe the researchers performed the data transformations described? A few years ago Vidal
Sassoon, Inc., took legal action against Bristol-Myers over a series of TV commercials and print
ads for a shampoo that had been na

The following computer output shows a cross-tabulation of frequencies and provides frequency
number N) and row R) percentages. a. Interpret this output including a conclusion about whether
or not the row and column variables are related. b. Critique the way the analysis is presented. c.
Draw a pie chart indicating perc

What is a factor loading?

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What are the factors that determine the choice of the appropriate statistical technique?

Distinguish between a Type I and Type II error.

What role might a word counter play in coding qualitative research results?
Phone directories are sometimes used for sampling frames. Go to
www.reversephonedirectory.com and put in a phone number of someone you know in the
reverse phone search (the number must be a listed number to get results). Comment on the
accuracy of the information and the appropriateness of phone directories as a repres

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Using the formula in this chapter, a researcher determines that at the 95 percent confidence level,
a sample of 2,500 is required to satisfy a client’s requirements. The researcher actually uses a
sample of 1,200, however, because the client has specified a budget cap for the survey. What are
the ethical consideratio

A 25-year-old respondent indicates that she owns her own house in Springfield, Illinois, and it is
valued at $990 million. Later in the interview, she indicates that she didn’t finish high school
and that she drives a 1993 Buick Century. Should the editor consider altering any of these
responses? If so, how?

Interpret the data in these tables. What recommendations and conclusions would you offer to
Downy-Q management? The research for Downy-Q is an example of a commercial test that was
conducted when an advertising campaign for an established brand had run its course. The revised
campaign, “Fighting the Cold,” emphasi

1. Evaluate the geographic options offered by STS. Do they seem to cover all the bases? 2.
Evaluate the STS method of random-digit dialing. Scientific Telephone Samples (STS), located
in Santa Ana, California, specializes in selling sampling frames for marketing research. The STS
sampling frame is based on a database

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What qualities should fieldworkers possess?

What is the purpose of editing? Provide some examples of questions that might need editing.

A survey asks respondents to respond to the statement “My work is interesting.” Interpret
the frequency distribution shown here (taken from an SPSS output): My work isinteresting:

Perform a x2 test on the following data: a. Regulation is the best way to ensure safe products. b.
Ownership ofresidence

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What conditions suggest that a ratio variable should be transformed (recoded) into a
dichotomous (two group) variable?

Why is the standard deviation rather than the average deviation typically used?
Design a short questionnaire with fewer than five fixed-alternative questions to measure student
satisfaction with your college bookstore. Interview five classmates and then arrange the database
into a data matrix.

What is a histogram? What is the advantage of overlaying a normal distribution over a

histogram?

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Examine the statistical choices under “analyze” in SPSS. Click on compare means. To
compare an observed mean to some benchmark or hypothesized population mean, the available
choice is a one-sample t-test. A researcher is preparing a report and finds the following result
testing a hypothesis that suggested the sampl

When should the raw data from a respondent be altered by a data editor?

The management of a regional bus line thought the company’s cost of gas might be
correlated with its passenger/mile ratio. The data and a correlation matrix follow.Comment.

1. Test the hypothesis: Attitude toward one’s car is related positively to spending for car-care
products. 2. Would you recommend CarCare do more research to identify nations with relatively
favorable attitudes toward the cars they own? CarCare is considering expanding its operations
beyond the United States. The c

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What are some different terms used to refer to the slope coefficient estimated in regression
analysis?

How is data coding different from data editing?

Interpret the following computer cross-tab output including a x2 test. Variable COMMUTE is
“How did you get to work last week?” Variable GENDER is “Are you male or female?
” Comment on any particular problems with theanalysis.

How does a researcher determine if a correlation coefficient is significant?

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1. Is Margaret going to be a good professional interviewer? 2. What should Mary Zagorski tell
Margaret? Margaret Murphy O’Hara was fatigued. As she wiped the perspiration from her
brow, she felt that the Massachusetts summer sun was playing a trick on her. It was her first day
at work, and the weather was hot. She h

An interviewer has a rather long telephone interview. The estimate suggests that fully completing
the survey will take 30 minutes. However, what do you think the response rate will be if people
are told ahead of time that it will take 30 minutes to finish participating in the survey? Should the
interviewer fudge a litt

Are t-tests or Z-tests used more often in business research? Why?

What is a significance level? How does a researcher choose a significance level?

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’NET A random number generator and other statistical information can be found at
www.random.org. Flip some virtual coins. Perform 20 flips with an Aurelian coin. Perform 20
flips with a Constatius coin. Perform frequency tables for each result. What conclusion might
you draw? Would the result change if you flipped th

A sales force received some management-by-objectives training. Are the before/after mean
scores for salespeople’s job performance statistically significant at the 0.05 level? The results
from a sample of employees are as follows (use your computer and statistical software to solve
thisproblem):

What should the interviewer do if a question is misunderstood? If a respondent answers a

question before encountering it in the questionnaire?

1. Discuss why the sampling method and sample size make these results questionable, even
though the numbers were reported as if they were precise. 2. The simple survey method
described in the case may have been sufficient as a way to draw attention to the issue of data
security. However, if the company were using data

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A researcher dismisses a regression result because the model R2 was under 0.70. Do you think
this was necessarily wise? Explain.

A researcher asks, “What do you remember about advertising for Gillette Turbo razors?” A
box with enough room for 100 words is provided in which the respondent can answer the
question. The survey involves responses from 250 consumers. How should the code book for this
question be structured? What problems might it

’NET Go the Web site for the Chicago Cubs baseball team (chicago.cubs.mlb.com). Use
either the schedule listing or the stats information to find their record in the most recent season.
Create a data file with a variable indicating whether each game was won or lost and a variable
indicating whether the game was played

List and describe at least three basic data transformations.

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A manufacturer of disposable washcloths/wipes told a retailer that sales for this product category
closely correlated with sales of disposable diapers. The retailer thought he would check this out
for his own sales-forecasting purposes. The researcher says, “Disposable washcloths/wipes
sales can be predicted with kno

What forms does interviewer cheating take? How can such cheating be prevented or detected?

What would happen to the sampling distribution of the mean if we increased sample size from 5
to 25?

’NET Go to www.researchinfo.com. Click on “Marketing Research Calculators.”

Which of the calculators can be used to help find the sample size required? How big of a sample
is needed to make an inference about the U.S. population ±5 percent? How large a sample is
needed to make an inference about the population o

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Suppose a fast-food restaurant wishes to estimate average sales volume for a new menu item.
The restaurant has analyzed the sales of the item at a similar outlet and observed the following
results: __ X = 500 (mean daily sales) s = 100 (standard deviation of sample) n = 25 (sample
size) The restaurant manager wants to

Design the coding for this portion of the questionnaire. Assume that the data from previous pages
of the questionnaire will follow these data. Some years ago the U.S. Department of the Interior
conducted a telephone survey to help plan for future outdoor recreation. A nine page
questionnaire concerning participation i

How is a p-value used to test a hypothesis?

List at least three ways in which recent technological advances (within the last 15 years) have
changed the way data are coded.

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What is the distinction between dependence techniques and interdependence techniques?

What is the sampling distribution? How does it differ from the sample distribution?

’NET The Web page of the Research Triangle Institute ( www.rti.org) describes its research
tools and methods in some detail. Click on tools and methods and explore the surveys and survey
tools described there. How might these methods assist in coding?

How does factor analysis allow for data reduction?

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Data on the average size of a soda (in ounces) at all 30 major league baseball parks are as
follows: 14, 18, 20, 16, 16, 12, 14, 16, 14, 16, 16, 16, 14, 32, 16, 20, 12, 16, 20, 12, 16, 16, 24,
16, 16, 14, 14, 12, 14, 20. Compute descriptive statistics for this variable including a box and
whisker plot. Comment on the

What are the steps in interpreting a multiple regression analysis result? Can the same steps be
used to interpret a univariate ANOVA model?

Are the different forms of consumer installment credit in the following table highlycorrelated?

Determine a hypothesis that the following data may address and perform a x2 test on the survey
data. a. American Idol should be broadcast before 9 p.m. Agree 40 Neutral 35 Disagree 25 100 b.
Political affiliations of a group indicate Republicans 102 Democrats 98 200

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Suppose you are planning to sample cat owners to determine the average number of cans of cat
food they purchase monthly. The following standards have been set: a confidence level of 99
percent and an error of less than five units. Past research has indicated that the standard deviation
should be 6 units. What is the re

The following ANOVA summary table is the result of a regression of sales on year of sales. Is
the relationship statistically significant at the 0.95 significance level? Fill in the value for Sums
of Squares in the SST row.Comment.

How should the fieldworker terminate the interview?

Prepare a frequency distribution for the data in question 2.

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Conduct a Z-test to determine whether the following two samples indicate that the population
proportions are significantly different at the 0.05level:

A large retail company implements an employee survey that ostensibly is aimed at customer
satisfaction. The survey includes a yes or no question that asks whether or not the employee has
ever stolen something from the workplace. How could this data be coded? What steps could be
attempted to try and ensure that the empl

To ensure a good session, a company selects focus group members from a list of articulate
participants instead of conducting random sampling. The client did not inquire about sample
selection when it accepted the proposal. Is this ethical?

The following table gives a football team’s season-ticket sales, percentage of games won,
and number of active alumni for the years 1996–2005. a. Compute a correlation matrix for the
variables. A software statistical package is recommended. Interpret the correlation between each
pair of variables. b. Estimate a

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Selection for jury duty is supposed to be a totally random process. Comment on the following
computer selection procedures, and determine if they are indeed random: a. A program instructs
the computer to scan the list of names and pick names that were next to those from the last scan.
b. Three-digit numbers are randoml

How should respondents’ answers to open-ended questions be recorded?

Refer to the pizza store location x2 data on pages 522–524. What statistical decisions could be
made if the 0.01 significance level were selected rather than the 0.05 level?

A researcher hypothesizes that 15 percent of the people in a test-market will recall seeing a
particular advertisement. In a sample of 1,200 people, 20 percent say they recall the ad. Perform
a hypothesis test.

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In an experiment with wholesalers, a researcher manipulated perception of task difficulty and

measured level of aspiration for performing the task a second time. Group 1 was told the task
was very difficult, group 2 was told the task was somewhat difficult but attainable, and group 3
was told the task was easy. Perform

Draw three distributions that have the same mean value but different standard deviation values.
Draw three distributions that have the same standard deviation value but different mean values.

Assume you have the following data: H1: µ ≠200, S = 30, n = 64 and x¯ = 218. Conduct a
two-tailed hypothesis test at the 0.05 significance level.

What is the difference between descriptive and inferential statistics?

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A store manager’s computer-generated list of all retail sales employees indicates that 70
percent are full-time employees, 20 percent are part-time employees, and 10 percent are
furloughed or laid-off employees. A sample of 50 employees from the list indicates that there are
40 full-time employees, 6 part-time employ

How would a dummy variable be used to represent whether or not a respondent in a restaurant
ordered dessert after their meal?

What is the difference between a significance level and a p-value?

What is GLM? How can multiple regression and n-way ANOVA be described as GLM
approaches?

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A survey respondent from Florida has been asked to respond as to whether or not he or she owns
a boat, and if so, whether he or she stores the boat at a marina. Over two hundred respondents are
included in this sample. What suggestions do you have for coding the information provided?

1. Interpret the computer output. What do the results presented above indicate? 2. Is the
analytical approach used here appropriate? 3. Describe an alternative approach to the analysis of
the original data. Which of these two analyses would you suggest using? Three academic
researchers investigated the idea that, in A

Why is it important to ensure that fieldworkers adhere to the sampling procedure specified for a
project?

’NET Go to www.surveypro.com. Click on pricing. Write a brief report that describes how
prices are charged to someone wishing to use this service to host a survey. What happens as the
desired sample size increases? Why is this?

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A data processing analyst for a research supplier finds that preliminary computer runs of survey
results show that consumers love a client’s new product. The employee buys a large block of
the client’s stock. Is this ethical?

What is the variate in multivariate? What is an example of a variate in multiple regression and in
factor analysis?

In our example of research on lipstick, where E = $2 and S = $29, what sample size would we
require if we desired a 99 percent confidence level? What about if we keep the 95% confidence
level, but decide that our acceptable error is $4?

What tests of difference are appropriate in the following situations? a. Average campaign
contributions (in $) of Democrats and Republicans are to be compared. b. Average campaign
contributions (in $) of Democrats, Republicans, and Independents are to be compared. c. Human
resource managers and chief executive officers

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Define multivariate statistical analysis.

How does an independent sample t-test differ from the following? a. one-way ANOVA b. paired-
samples t-test c. a x2 test d. a Z-test for differences
Use the data in the following table to a. Prepare a frequency distribution of the respondents’
ages b. Cross-tabulate the respondents’ genders with cola preference c. Identify anyoutliers

Some soap manufacturers sell special antibacterial soaps. However, one might expect ordinary
soap to also kill bacteria. To investigate this, a researcher prepared a solution from ordinary, non-
antibiotic soap and a control solution of sterile water. The two solutions were placed onto Petri
dished and E. coli bacteria

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Comment on the following field situations. a. After conducting a survey with 10 people, an
interviewer noticed that many of the respondents were saying “Was I right?” after a
particular question. b. A questionnaire asking about a new easy-opening can has the following
instructions to interviewers: (Hand respondent

A researcher is asked to determine whether or not a productivity objective (in dollars) of better
than $75,000 per employee is possible. A productivity test is done involving 20 employees. What
conclusion would you reach? The sales results are asfollows:

1. Imagine that an agency or business has asked for help in gathering data about the number of
sports anglers who fish off the coast of Georgia. What advice would you give about sampling?
What method or combination of methods would generate the best results? 2. What other criteria
besides accuracy would you expect to c

Address the following questions about regression analysis: a. Define simple linear regression. b.
When is it most appropriate to rely on raw parameter coefficients and when is it most appropriate
to rely on standardized parameter coefficients? c. Why is the Y-intercept estimate equal to 0 for
standardized estimates? d.

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On March 1, 2016, Doll Co. issued 10-year convertible bonds at 106. During 2019, the bonds
were converted into common stock when the market price of Doll's common stock was 500
percent above its par value. On March 1, 2016, cash proceeds from the issuance of the
convertible bonds should be reported as: a. A liability

A market research survey asked the question "Do you enjoy shopping for clothing for yourself?"
to 542 male adults and 238 of them said they did. When 543 female adults were asked the same
question, 276 of them indicated that they enjoyed shopping for clothing for themselves. a. Is
there a significant difference betwee

On May 1, 2014, a $300,000, ten-year, 14% bond was sold to yield 12% plus accrued interest.
The bond was dated January 1, 2014, and interest is paid each January 1 and July 1. Present
value data follow: Required: a. Compute the amount of cash received from the sale of the bond.
b. Prepare the journal entry to record

Binegar Manufacturing Corporation has a traditional costing system in which it applies

manufacturing overhead to its products using a predetermined overhead rate based on direct
labor-hours (DLHs). The company has two products, R58G and R09O, about which it has
provided the following data: The company's estimated tot

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Vega Company expects to pay a 4% bonus on net income of $130,000 after deducting the bonus.
The journal entry to record the accrued bonus includes a. a debit to Employee Bonus Payable,
$5,000. b. a debit to Employee Bonus Expense, $5,200. c. a credit to Employee Bonus Payable,
$5,000. d. a credit to Cash, $5,200.

In 2009, David Tucker quit his job at a large beer company to start his own brewery, Arizona
Microbrewery, Inc. (AMI). His family supported his decision and invested in the business along
with David. AMI began operations on January 10. 2010 and now produces four labels of
specialty been (Saguaro Pale Ale, Bisbee Bock,

"Tennis elbow" is an orthopedic condition thought to be related to the force experienced when
hitting the ball. A recent article in the International Journal of Sport Biomechanics presented the
force (in newtons) on the hand after impact for six advanced and eight intermediate players.
Using the data below, test (α =

The cost of accountant for Carlos Candies, Inc. prepared the following static budget based on
expected activity of 2,000 units. RE venues 64,000 Variable (34,000) Costs Contribution 30,000
Margin Fixed Costs (18,000) Net Income 12,000 A. If Carlos actually produced 1,500 units, the
flexible budget would show var

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In a concise paragraph, paraphrase what you have learned about strike replacements to explain to
your parents or spouse why this is such a controversial issue in labor relations. Should the NLRA
be revised to prohibit the use of temporary and/or permanent strike replacements?

On December 1, 2013, Keenan Company, a U.S. firm, sold merchandise to Velez Company of
Canada for 150,000 Canadian dollars (CAD). Collection of the receivable is due on February 1,
2014. Keenan purchased a foreign currency put option with a strike price of $.97 (U.S.) on
December 1, 2013. This foreign currency option i

V. A real estate builder wishes to determine how house size (House) is influenced by family
income (Income), family size (Family Size), and education of the head of household (School).
House size is measured in hundreds of square feet, income is measured in thousands of dollars,
and education is in years. The builder r

The Apex Company provided the following information from its financial records: What is the
amount of the company's earnings per share? $1.02 $1.08 $0.96 $17.61

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Meredith and James Kennedy own a business, Office Products, Inc. (OPI), which is a wholesale
distributor of office equipment. Sales have grown about 5% per year over the past 5 years and
are expected to grow at the same rate in the future. This past year, sales reached $800,000. A
computer manufacturer recently approac

Referring to Table 12-6, what is the 90% confidence interval for the expected change in average
heating costs as a result of a 1 degree Fahrenheit change in the daily minimum outside
temperature using Model 1? a. [-6.58, -3.65] b. [-6.24, -2.78] c. [-5.94, -3.08] d. [-2.37, 15.12]

Ms. Mona Hull is in charge of a project to build a 50-foot yacht for a wealthy industrialist from
Jasper, Indiana. The yacht is scheduled to compete in the famous Lake Lemon Cup Race. Eight
weeks remain for constructing the yacht. Assume that each week consists of 5 workdays, for a
total lead time of 40 days. The work

1. Mitchell seems apprehensive about the bonus system operated by Lakeside. In gathering
evidence as to the fair presentation of financial statements, why would an auditor be concerned
by such a profit- sharing arrangement? 2. Since Mitchell is now planning substantive test, the
testing of controls within the payroll

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Using Chapter 13 in the textbook, summarize the major types of colleges and universities.
Identify the accounting standards that these educational institutions are required to follow.
Imagine that you work in the accounting department of a university and your boss has asked you
to explain and discuss components of rev

On December 1, 2013 Nilo Corp declared a property dividend to be distributed on December 31,
2013. On December 1, 2013, the property to be transferred had a carrying amount of $60,000 and
a fair value of $78,000. What is the effect of this property dividend on Nilo's retained earnings
after all nominal accounts are clo

Review a copy of Weinberg's book, and write a summary of the issues that should be considered
in applying the MOI model.

You are given three ethical dilemma resolution models to try out on a dilemma provided there.
Please review that interactive before posting to the threads this week, and let's bring your
questions and comments about the "proposed" solutions here to the threads. We will talk about
that through mid-week, and then I will

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The Abrams, Bartle, and Creighton partnership began the process of liquidation with the
following balance sheet: Cash $16,000 Liabilities $150,000 Non Cash items 434,000 Abrams,
Capital 80,000 Bartle, Capital 90,000 Creighton, Capital 130,000 Total $450,000 Total:
$450,000 Abrams, Bartle, and Creighton share profits an

Gwyneth is a sculptor who operates a sole proprietorship. In the current year, Gwyneth's gross
receipts from the sale of her art, after taking into account costs of production, were $200,000.
Her operating expenses total $40,000. She withdrew $35,000 from the business for her personal
expenses and the business paid for

The current assets section of the balance sheets of Drucker Dynamics as of December 31, 2012
and 2011, is presented below. Drucker Dynamics, Inc. The current assets section of the balance
sheets of Drucker Dynamics as of December 31, 2012 and 2031, is presented Wove. Refer to the
information provided for Drucker Dyn

The balance sheets at the end of each of the first two years of operations indicate the following If
net income is $103,758 and interest expense is $32,370 for 2012, what is the rate earned on
stockholders' equity for 2012 (round percent to two decimal points)?

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On July 1, 2015, Damlen Jurado Company pays $12,000 to its insurance company for a 2-year
insurance policy. Instructions prepare the necessary journal entries for Damlen Jurado on July 1
and December 31.

Google (NASDAQ: GOOG) is one of the best-known and most admired companies around the
world, so much so that "googling" is the term many use to refer to searching information on the
Web. What started out as a student project by two Stanford University graduates-Larry Page and
Sergey Brin-in 1996, Google became the most

Steel Enterprises entered into the following stock transactions: Apr. 5 Issued 31,200 shares of $3
par value common stock for $187,200. May 31 Purchased 1,080 shares of treasury stock for
$51,000. Oct. 1 Issued 2,700 shares of $46 par value preferred stock for $57 per share. Prepare
the journal entries to record the tr

The Acura car company is debating whether to recall its latest sedan because of a malfunction in
its airbags. Acura executives think that the defect rate is probably low, but if the airbags
malfunction and do not open in 2% or more of crashes, then they will need to put out a general
recall. a. State the hypothesis H
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Suppose that in the loan​ described, the borrower paid off the loan after the time indicated.
Calculate the amount needed to pay off the loan. Round answer to the nearest cent, $80,000​;
7​% compounded​ annually; 12 annual​ payments; paid off after 9 years

Sales for October, November, and December are expected to be $200,000, $180,000, and
$220,000, respectively, for the Gurumai Company. All sales are on account (terms 2/15, net 30
days) and are collected 50 percent in the month of sale and 50 percent in the following month.
One-half of all sales discounts are taken on t

The Barnsdale Corporation has the following ratios: A0*/S0 = 1.6; L0*/S0 = 0.4; profit

margin = 0.10; and dividend payout ratio = 0.45, or 45%. Sales last year were $100 million.

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Assuming that these ratios will remain constant, use the AFN equation to determine the

firm's self-supporting growth rate-in other words, the

Suppose that you are the managing director of MLK Auto Company, which is considering
expanding its business to China. You wish to produce your auto parts within Chinese borders so
that you can lower your labor costs and therefore lower production costs. You realize that you
are not fully aware of the detailed economic

On January 1, 2015, Bratios Company purchases equipment and signs a 6-year mortgage note
±or $80,000 at 15%. The note will be paid in equal annual installments o± $21,139,
beginning January 1, 2016. Calculate the portion of principal amount paid on the third
installment. A). $12,086 B). $12,000 C). $21,139 D). $

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Suppose Patrick Goldsmith deposited $1000 in an account that earned simple interest at an
annual rate of 7% and left it there for 6 years. At the end of the 6 years, Patrick deposited the
entire amount from that account into a new account that earned 9% compounded quarterly. He
left the money in this account for 4 year

If a shareholder of a controlled or solely owned corporation receives no additional shares for a

contribution of property to the corporation, the basis of the property received by the corporation
is the same as it was to the shareholder. True or False? Explain

Revco Drug Store filed for bankruptcy in July of 1988 and was one of the largest bankruptcies in
US financial history as well as being one of the largest leveraged buyouts. As recently as 1984,
Revco was operating approximately 2,000 stores in 30 states and was taken private in a leverage
buy out in 1986 which lead to

Suppose that there are two types of cars, good and bad. The qualities of cars are not observable
but are known to the sellers. Risk-neutral buyers and sellers have their own valuation of these
two types of cars as follows: When buyers do not observe the quality, what happens in the
market? a) Both good and bad cars a

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Seeside company produces picture frames, during the year 190,000 picture frames were
produced. Materials and labor standards for producing the picture frames are as follows. Direct
materials (2 pieces of wood @ $2.25) ..........................$ 450 Direct labor (2 hours @
$10) .....................................

Suppose three values x, y, and z are stored in a machine's memory. Describe the sequence of
events (loading registers from memory, saving values in memory, and so on) that leads to the
computation of x + y +z. How about (2x) + y?

On January 28, 2008, American LaFrance, an American emergency and vocational vehicle
manufacturer, filed for Chapter 11 bankruptcy, blaming an ERP implementation project failure
as a main factor leading to the bankruptcy. American LaFrance was one of the oldest fire
apparatus manufacturers in the United States founded

Prepare an unadjusted General Ledger Trial Balance. Chart of Accounts Review the Chart of
Accounts for this project. Accounts Payable Accounts Receivable Accumulated Depreciation -
Equipment Advertising Expense Bank Service Charge Cash Depreciation Expense Equipment
Gas and Oil Gas and Oil Expense Insuranc

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The antiderivative F(x) of f(x) = sqrt(x4+1) satisfying the initial condition F(?4) = 0 is given by:
Find a and b.

On December 1, 2016, Ford Motors USA sold some cars to a French customer with the total
selling price of € 1 Billion (Euros), payable on April 1, 2017. Assuming the following US
Dollar to Euro exchange rates: December 1, 2016 .................. 2 US Dollar to 1 Euro December
31, 2016 ................. 1. 50 US Dol

S. Starting in 1998, a series of credit card usage studies have been performed by Sallie Mae, a
major provider of educational loans and savings programs. In a recent pilot study, a random pool
of 122 loan applicants attending four-year colleges had their credit card data pulled for analysis.
The sample mean credit card
Northwind Traders, an international gourmet food distributor, is concerned about shipping delays
over the last six months. Review the orders over the past six months and identify any order that
was not shipped within 30 days. Each customer that falls within that time frame will be called to
inquire about any problems t

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Suppose that on July 2, 2012, the cross rates for the Singapore and South African currencies
were Singapore dollar (S$) 0.789085/US dollar (US$) and rand 0.122540/US$. What are the
cross rates between the two currencies?

On December 1, 2014, Old Car Co. borrowed money at the bank by signing a 90-day non-
interest-bearing note for $24,000 that was discounted at 8%. Which of the following entries is
correct? A. March 1, 2015 Note Payable 23,520 Cash 23,520 B. December 31, 2014 Interest
Expense 160 Interest Payable 160 C. Dec

Rammazzontti Inc, had the following budgeted date: Unit sales for 2016.......................26,000
Unit production for 2016...............26,000 The total budgeted costs for 2016 were a. $ 11,440 b.
$13,510 c. $14,340 d. $ 13,460

Sea lions have been depleting the stock of steelhead trout One idea to scare sea lions off the
Washington state coast was to launch fake killer whales, predators of sea lions The cost of
making the first whale is $16,000-$5,000 for materials and $11,000 for the mold The mold can
be reused to make additional whales, so

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A local bank claims that the waiting time for its customers to be served is the lowest in the area.
A competitor bank checks the waiting times at both banks. The sample statistics are listed below.
Test the local bank's claim at the 0.05 level of significance. Use the information given below.
State the null and alterna

Mews Corporation has the following information reported on the balance sheet as of December
31, 2014:

Common Stock, $10 par value (authorized 20,000 shares) $80,000

Treasury Stock (1000 shares) $30,000

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Based on the information above, how many shares of common stock have been issued?

A company's balance sheet showed the following amounts for liabilities and stockholders' equity
ac-counts: Current Liabilities, $50,000; Bonds Payable, $600,000; Capital Lease Obligations,
$120,000; and Deferred Income Tax Liability, $20,000. Total stockholders' equity was $520,000.
What is the debt-to-equity ratio?

Assume you are the partner in an accounting firm hired to perform the audit on a fortune 1000
company. Assume also that the initial public offering (IPO) of the company was approximately
five (5) years ago and the company is concerned that, in less than five (5) years after the IPO, a
restatement may be necessary. Duri

Referring to Problem 15, how large should n be so that the test of H0: μx = μy against the one-
sided alternative HA: μx > μy has a power of .5 if μx - μy = 2 and α = .10? Reference
Suppose that n measurements are to be taken under a treatment condition and another n
measurements are to be taken independently u

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Dunnzabar Industries produces "Cardemonium", an all-in-one playing card set including two
regular decks as well as a Pinochle one, casino-quality poker chips, and a Tripoly tray. Each set
has a variable cost of $35 and Dunnzabar sustains a monthly fixed cost of $5,000. The company
sells its product for $55. As of Decem

Byrnes Company currently produces and sells 4,000 units of a product that has a contribution
margin of $6 per unit. The company sells the product for a sales price of $20 per unit. Fixed
costs are $18,000. The company has recently invested in new technology and expects the
variable cost per unit to fall to $8 per unit.

Present a thorough analysis of monetary policy. Detail the key factors that influence the quantity
of money that people desire to hold, the policy actions taken by the Federal Reserve, and the
equation of exchange.

Most Likely to Have Life. Suppose you were asked to vote in a contest to name the world in our
solar system (besides Earth) "most likely to have life." Which world would you cast your vote
for? Explain and defend your choice in a one-page essay.

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Suppose comm sz = 8 and n = 16. a. Draw a diagram that shows how MPI Scatter can be
implemented using tree-structured communication with comm sz processes when process 0
needs to distribute an array containing n elements. b. Draw a diagram that shows how MPI
Gather can be implemented using tree-structured communicati

Prepare a scatter plot for one of the industries in Problem 1 of industry sales per share and
observations from the economic series you suggested for this industry. Do