"Among social workers in selected U.S. urban areas, are the personality characteristics of Need for Structure or In-Group Preference related to prejudicial social judgments about African Americans, Latino Americans, or Asian Americans?" Which of the following is a well-stated subproblem that follows from this research problem?

a. Which group is more discriminated against by the public at large in each of the selected areas: African Americans, Latino Americans, or Asian Americans?
b. What is the most valid existing measure of In-Group Preference?
c. What is the relationship between an index of Need for Structure and an index of prejudice targeting attitudes about Asian Americans among the selected social workers?
d. Which analytic technique is best suited to addressing the research problem, multiple regression or path analysis?

Answer: What is the relationship between an index of Need for Structure and an index of prejudice targeting attitudes about Asian Americans among the selected social workers?

Explanation:

A research problem in research indicates a statement about the area of concern. The research problem is a question which bothers the researcher and hence needs to be investigated.

The problem statement is a description of an issue that the researcher wants to address or a condition that the researcher wants to improved upon. The problem statement shows the gap between current state and the state that is desired.

With regards to the question above, the subproblem will be what is the relationship between an index of Need for Structure and an index of prejudice targeting attitudes about Asian Americans among the selected social workers?

Among the four options provided, option C is the right answer has it provides further questions based on the main question.

One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April, and 600 in May. The required ending inventory is 20% of the next month’s sales. Prepare a production budget for the first four months of the year. What is the total required production for the year?

Year round Retreats had the following balances at December​ 31, 2018​,before the​ year-end adjustments:
Accounts Receivable Allowance for Bad Debts
74,000 1,535
The aging of accounts receivable yields the following data:
Age of Accounts Receivable
0-60 Days Over 60 Days Total Receivables
Accounts Recelvable $71,000 3,000 74,000
Estimated percent uncollectible x 3% x 23%
Requirements
1. Journalize Worldwide'sentry to record bad debts expense for 2018 using the​ aging-of-receivables method.
2. Prepare a​ T-account to compute the ending balance of Allowance for Bad Debts.
3. Joumalize Year round's entry to record bad debts expense for 2018 using the aging-of-recevables method.

An investor must decide between putting $2,000 into a regular retirement plan or putting $1,440 into a Roth retirement plan. If the investor's tax rate is 28% now and in retirement, and she expects to earn 12% per year over the next 20 years, which will produce more cash in the end?

Dave is a salesperson who takes a long time to make decisions. He loves sales because he responds well to the pressure he faces in the many new or uncertain situations as a salesperson. Like most successful salespeople, he is high in his tolerance for ambiguity. Dave represents a person with a(n) ________ style.

Todd Mountain Development Corporation is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow at the rate of 10% per year. The risk-free rate of return is 8%, and the expected return on the market portfolio is 18%. The stock of Todd Mountain Development Corporation has a beta of 0.60. Using the constant-growth DDM, the intrinsic value of the stock is _________.

The following transactions occur in November.
November 1 Issue common stock in exchange for $11,800 cash.
November 2 Purchase equipment with a long-term note for $2,300 from Spartan Corporation.
November 4 Purchase supplies for $1,200 on account.
November 10 Provide services to customers on account for $7,800.
November 15 Pay creditors on account, $1,000.
November 20 Pay employees $1,800 for the first half of the month.
November 22 Provide services to customers for $9,800 cash.
November 24 Pay $920 on the note from Spartan Corporation.
November 26 Collect $5,800 on account from customers.
November 28 Pay $1,000 to the local utility company for November gas and electricity.
November 30 Pay $3,800 rent for November.
Required:
1. Record each transaction.
2. Post each transaction to appropriate t-account.

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a. Retirement of bonds payable b. Purchase of inventory for cash c. Cash sales d. Repurchase of common stock e. Payment of accounts payable f. Disposal of equipment

The following purchase transactions occurred during September for Rehoboth, Inc.:
Sep.
4 Purchased cleaning supplies for $113 on account from General Supplies.
19 Purchased office equipment for $3,650 on account from Office Warehouse.
23 Purchased cleaning supplies for $183 on account from Rubble Supplies.
Record these transactions (in chronological order) in the following purchases journal. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" and leave the amount boxes blank.

Maya Company reports the following amounts for the year ending on December 31, 2004:Merchandise Inventory, January 1, 2004 : $70,000 Cost of Transportation : $2,300Invoice Cost of Merchandise Purchases : $195,000 Purchase Returns and Allowances: $4,650Purchase Discounts Received: $3,500 Cost of Goods Sold: $158,700Cost of merchandise returned by customers and restored to inventory: $17,300Calculate the Merchandise Inventory, December 31, 2004.A) $117,750B) $83,150C) $45,150D) $113,150E) $129,450

Sun Devil Hair Design has the following transactions during the month of February. February 2 Pay $700 for radio advertising for February. February 7 Purchase beauty supplies of $1,300 on account. February 14 Provide beauty services of $2,900 to customers and receive cash. February 15 Pay employee salaries for the current month of $900. February 25 Provide beauty services of $1,000 to customers on account. February 28 Pay utility bill for the current month of $300.

Required:

Record each transaction. Sun Devil uses the following accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Service Revenue, Advertising Expense, Salaries Expense, and Utilities Expense.

Calip Corporation, a merchandising company, reported the following results for October: Sales $413,000 Cost of goods sold (all variable) $169,100 Total variable selling expense $20,700 Total fixed selling expense $17,900 Total variable administrative expense $13,100 Total fixed administrative expense $30,400 The contribution margin for October is:_________.
a) $210,100
b) $364,700
c) $161,800
d) $243,900

As a company produces more units within the relevant range, the difference between total variable cost and total fixed cost is:___________. A) Total variable cost and total fixed cost bother remain constant B) Total variable cost and total fixed cost both change C) Total variable cost changes and total fixed cost remains constant D) Total variable cost remains constant and total fixed cost changes

Differential Analysis for a Lease or Buy Decision Sloan Corporation is considering new equipment. The equipment can be purchased from an overseas supplier for $125,500. The freight and installation costs for the equipment are $1,600. If purchased, annual repairs and maintenance are estimated to be $2,500 per year over the five-year useful life of the equipment. Alternatively, Sloan can lease the equipment from a domestic supplier for $30,000 per year for five years, with no additional costs. Prepare a differential analysis dated December 3 to determine whether Sloan should lease (Alternative 1) or purchase (Alternative 2) the equipment. Hint: This is a "lease or buy" decision, which must be analyzed from the perspective of the equipment user, as opposed to the equipment owner. If an amount is zero, enter "0". Use a minus sign to indicate a loss. Differential Analysis Lease Equipment (Alt. 1) or Buy Equipment (Alt. 2) December 3 Lease Equipment (Alternative 1) Buy Equipment (Alternative 2) Differential Effect on Income (Alternative 2) Revenues $ $ $ Costs: Purchase price $ $ $ Freight and installation Repair and maintenance (5 years) Lease (5 years) Income (loss) $ $ $ Determine whether Carr should lease (Alternative 1) or buy (Alternative 2) the equipment.

Chuck Olson, age 16, buys a used car from Bobby Duncan Used Cars Center on September 15, 2006. Olson agrees to pay $200 a month for 12 months. A month after the purchase, Olson is involved in an accident that wrecks the car. He immediately calls Duncan Cars and informs them that he is disaffirming the contract. According to traditional common laws, which of the following is most likely to be true?
a. Olson does not have a duty to place Duncan in status quo ante
b. Olson can ask Duncan to pay for the damages as he hasn't made the full payment for the car.
c. Olson has to pay for the damages and then return the car to Duncan.
d. Olson can successfully press charges and force Duncan to take care of the damages caused to the car.

Suppose that your state raises its sales tax from 5 percent to 6 percent. The state revenue commissioner forecasts a 20 percent increase in sales tax revenue. Which of the following are plausible as a result of this increase in the sales tax. Is this plausible? Explain.

1. The following is (are) non-verbal communication

a. Facial expression b. Appearance c. Posture d. All of the above

2. Communication is the task of imparting ……………………………………..

a. Training b. Information c. Knowledge d. Messaged

3. Reports from the subordinates to the superiors take the form of

a. face-to-face communication b. upward communication

c. downward communication d. visual communication

4. The communication cycle, the process of re translation of signals into ideas is called

a. response b. encoding c. decoding d. feedback

5. A gesture is an example of

a. speeches b. body language c. grammar d. written language

6. Which of the following is NOT a component in the Communication Model?

(1) Sender (2) Messenger (3) Encoding (4) Receiver

a. All of the above b. All, except (1) c. All, except (2) d. All, except (3)

7. What are the common barriers that impede communication?

(1) Barriers with people (2) Barriers with words

(3) Barriers made by cultural differences (4) Barriers made by distance

a. All of the above b. All, except (2) c. All, except (3) d All, except (4)

8. Effective communication can ONLY be achieved when:

(1) The audience is understood (2) Feedback is encouraged (3) Thoughts are organised

a. All of the above b. All, except (1) c. All, except (2) d. All, except (3)

9. The most important goal of business communication is …………………

a. favourable relationship between sender and receiver b. organizational goodwill

c. receiver response d. receiver understanding

10. The study of communication through touch is ………………………………

a. chronemics b. haptics c. proxemics d. semantics

11. Which of the following information should be included in minutes?

(1) Date and venue of the meeting (2) Decisions made at the meeting

(3) Comments from the members (4) Action to be taken by the members

A. All of the above B. All, except (2) C. All, except (3) D. All, except (4)

12. Which of the following sentences about reports is NOT true?

a. A short report is meant to convey information in an efficient, compact format.

b. An annual report is usually published once a year for shareholders as well as for employers.

c. A recommendation report examines a situation and concludes with specific recommendations.

d. A proposal is a report written to convince a reader that a need exists and that specific action should be taken to remedy that need.

13. What kind of information should be included in a resume?

(1) Work experience (2) Education (3) Affiliation and membership (4) Letter of recommendation

a. All, except (1) b. All, except (2) c. All, except (3) d. All, except (4)

14. The inside address should be written

a. above the salutation b. below the salutation c. above the heading d. above the date

15. Salutation

a. comes at the end of the letter b. comes above the inside address

c. begins at left hand margin of the letter d. comes in body of the letter

16. A memo is an example of

a. lateral communication b. external communication

c. internal communication d. downward communication

17. Communication that takes place between employees with same status is referred to as ……..

18 . ………………………… is the final link in the chain of the communication process.

19. This type of communication takes place within a single person or the same person, usually for the purpose of clarifying ideas or analyzing a situation is referred to as ………

20. …………………… is the study of measurable distance between people as they interact

21. A ………………… communication is a form of communication that is meant to share information in a manner that conforms to laid down professional rules, processes and standards and without the use of the slang language or terms





​

You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows:You decide, finally, to assess the company’s liquidity and asset management. For both this year and last year, compute:a. Working capital.b. The current ratio. (Round your final answers to 2 decimal places.)c. The acid-test ratio. (Round your final answers to 2 decimal places.)d. The average collection period. (The accounts receivable at the beginning of last year totaled $1,750,000.) (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal place.)e. The average sale period. (The inventory at the beginning of last year totaled $2,110,000.) (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal place.)f. The operating cycle. (Round your intermediate calculations and final answer to 2 decimal place.)g. The total asset turnover. (The total assets at the beginning of last year totaled $14,690,000.) (Round your final answers to 2 decimal places.)

Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31, 2012.
Transactions Units Unit
Cost
a. Inventory, December 31, 2011 500 $ 10
For the year 2012:
b. Purchase, April 11 800 8
c. Purchase, June 1 700 12
d. Sale, May 1 (sold for $38 per unit) 500
e. Sale, July 3 (sold for $38 per unit) 520
f. Operating expenses (excluding income tax expense), $19,000
Required:
1. Calculate the number and cost of goods available for sale.
2. Calculate the number of units in ending inventory.
3. Compute the cost of ending inventory and cost of goods sold under (a) FIFO, (b) LIFO, and (c) weighted average cost. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.)
4. Prepare an Income Statement that shows 2012 amounts under the FIFO method, LIFO method and weighted average method.

Moral hazard is a problem associated with debt and equity contracts arising from:

a. the borrower's incentive to undertake highly risky investments.
b. the owners' inability to ensure that managers will act in the owners' interest.
c. the difficulty lenders have in sorting out good credit risks from bad credit risks.
d. All of these.
e. only the borrower's incentive to undertake highly risky investments and the owners' inability to ensure that managers will act in the owners' interest of these.

Waupaca Company establishes a $450 petty cash fund on September 9. On September 30, the fund shows $213 in cash along with receipts for the following expenditures: transportation-in, $40; postage expenses, $75; and miscellaneous expenses, $110. The petty cashier could not account for a $12 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $520.

Private solutions to correct for externalities consider the following scenario:________.
Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream into a lake that has become thick with algae and polluted due to the minerals in the waste matter. The local office of a nonprofit environmental organization collects enough donations to stop the farm's pollution.
Which of the following types of private solutions to the externality of pollution has occurred in this case?
A. Integration of different types of businesses
B. Contracts
C. Moral codes and social sanctions
D. Charities
It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when communications barriers or social customs are important enough relative to the potential gains involved that __________

A small neighborhood comprised of 10 homes has a problem with break-ins and find the local police to be effective. They are considering hiring private security. Each household can calculate their marginal benefit of having a private security guard by the formula MB=100/(1+S) where S is the number of hours of security patrol provided per week.

If private security is a public good and the cost is $20 per hour, what is the efficient level of security? Do you expect this to be the equilibrium outcome?

Porter Plumbing's stock had a required return of 11.75% last year, when the risk-free rate was 5.50% and the market risk premium was 4.75%. Then an increase in investor risk aversion caused the market risk premium to rise by 2%. The risk-free rate and the firm's beta remain unchanged. What is the company's new required rate of return

The company's fixed costs that are traceable to the Northern branch is $175,000, while fixed costs that are traceable to the Southern branch is $180,000. The Northern branch is further divided into two segments based on the customer types: the local and the nonlocal. Traceable fixed cost for the local is $68,250, and traceable fixed cost for the nonlocal is $88,700.

How much is the common fixed costs of the two order types for the Northern branch?

Each month a bank adjusts the initial interest rate it offers to customers who wish to open a new high-yield savings account. The bank wants to determine if there is a relationship between the initial interest rate and the average daily number of new savings accounts. The bank plans to use the interest to predict the average number of new savings accounts opened in a month. Which one of the following statements is correct?
A. Both the interest rate and the average daily number of new accounts are explanatory variables.
B. Both the interest rate and the average daily number of new accounts are response variables.
C. Average daily number of new a variable.
D. Interest rate is the explanatory variable 1/0 Scatterplot of Ave.

Samson Manufacturing Company, a calendar-year company, purchased a machine for $65,000 on January 1, 20X0. At the date of purchase, Samson incurred the following additional costs:

Loss on sale of old machinery $1,000
Freight-in 500
Installation cost 2,000
Testing costs prior to regular operation 300

The machine’s estimated salvage value was $5,000, and Samson estimated it would have a useful life of 20 years with depreciation being computed on the straight-line method. In January 20X2, accessories costing $3,600 were added to the machine to reduce its operating costs. These accessories neither prolonged the machine’s life nor provided any additional salvage value.

Required:
What should Samson record as depreciation expense for 2011?

Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows:

a. Net income, $151,500.
b. Depreciation reported on the income statement, $40,140.
c. Equipment was purchased at a cost of $78,820 and fully depreciated equipment costing $21,400 was discarded, with no salvage realized.
d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty.
e. 7,000 shares of common stock were issued at $18 for cash.
f. Cash dividends declared and paid, $92,320.

Required:
Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.

Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $80,000; Year 2, $90,000; Year 3, $150,000; Year 4, $150,000; Year 5, $160,000; and Year 6, $180,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 250,000 shares of cumulative, preferred 2% stock, $20 par, and 500,000 shares of common stock, $15 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0".

Top Sound International designs and sells high-end stereo equipment for auto and home use. Engineers notified management in December 2021 of a circuit flaw in an amplifier that poses a potential fire hazard. Further investigation indicates that a product recall is probable, estimated to cost the company $4 million. The fiscal year ends on December 31.Required:Should this contingent liability be reported, disclosed in a note only, or neither.

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:



Standard Quantity or Hours Standard Price
or Rate Standard Cost
Direct materials 5.6 pounds $ 3.00 per pound $ 16.80
Direct labor 0.4 hours $ 7.00 per hour $ 2.80


During the most recent month, the following activity was recorded:
a. Ten thousand eight hundred pounds of material were purchased at a cost of $2.90 per pound.
b.
The company produced only 1,080 units, using 9,720 pounds of material. (The rest of the material purchased remained in raw materials inventory.)

c. Five hundred and thirty two hours of direct labor time were recorded at a total labor cost of $6,384.
Required:

Compute the materials price and quantity variances for the month. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Do not round intermediate calculations.)

Direct materials price variance F
Direct materials quantity variance U