Kiss the Sky Enterprises has bonds on the market making annual payments, with 13 years to maturity, and selling for $1,045. At this price, the bonds yield 7.5 percent. What must the coupon rate be on the bonds?

Kiss the Sky Enterprises has bonds on the market making annual payments, with 13 years to maturity, and selling for$1,045. At this price, the bonds yield 7.5 percent. What must the coupon rate be…

 

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10. Kit Kat candy bar executives’ ability to make the following statement, “Our most likely estimate of Kit Kat’s ad recall rate is 65%. In addition, we are 95% confident that Kit Kat’s ad recall rate in the population falls between 62% and 68%,” illustrates ___________. (Points: 1)an example of basic descriptive statistics an example of using statistical inference to estimate a population parameter based upon sample statistics an example of using statistical inference to estimate a statistic based upon a population parameter an example of hypothesis testing Both a and b

 

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KLA Corp. had the following situations during the last 4 years of operation:

i. The Allowance for Uncollectible Accounts has a $1,400 credit balance prior to adjustment. Net credit sales during 2011 are $700,000 and 4% are estimated to be uncollectible. Accounts Receivable has a balance of $110,000 on Dec 31, 2011.

ii. The Allowance for Uncollectible Accounts has a $750 debit balance prior to adjustment. Based on an aging schedule of accounts receivable prepared on December 31, 2012, $27,900 of accounts receivable are estimated to be uncollectible. Accounts Receivable has a balance of $114,000 on Dec 31, 2012.

iii. The Allowance for Uncollectible Accounts has a $1,300 credit balance prior to adjustment. Based on an aging schedule of accounts receivable prepared on December 31, 2013, $25,000 of accounts receivable are estimated to be uncollectible. Accounts Receivable has a balance of $107,000 on Dec 31, 2013.

iv. The Allowance for Uncollectible Accounts has a $500 debit balance prior to adjustment. Net credit sales during 2014 are $875,000 and 2% are estimated to be uncollectible. Accounts Receivable has a balance of $125,000 on Dec 31, 2014.

Prepare the adjusting journal entries needed for these years.

QUESTIONPLEASE INCLUDE JOURNAL ENTRIES AND AMOUNTS1.) Tom Segal is the accountant for GHC detailing. He receives and opens all mail, followscompany policies by separating customer checks from…

 

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Kleiner Merchandising Company

Accumulated depreciation$700

Beginning inventory 8,500

Ending Inventory 4,500

Expenses 1,800

Net Purchases 9,500

Net Sales 16,500

Krug Service Company

Expenses$8,100

Revenues 21,000

Cash 600

Prepaid rent 640

Accounts payable 200

Equipment 1,900

Required:

a. Compute gross profit, the goods available for sale, and the cost of goods sold for the merchandiser. Hint: Not all information may be necessary.

b. Use the above information from a service company and from a merchandiser to compute net income.

a. Goods available for sale: ______

Cost of goods sold: _______

Gross profit: _____

b. Net income for Krug: _____

Net income for Kleiner: ______

PLEASE SHOW YOUR WORK!!!!! I AM ACTUALLY TRYING TO LEARN. THANKS!

 

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Kleppel et al. (2004) report on a study of wetlands in upstate New York. Four wetlands were selected for the study: Two of the wetlands drain watersheds from small towns and the other two drain suburban watersheds. Quantities such as pH were measured at two to four randomly selected sites within each of the four wetlands.(a). Describe why this is a cluster sample. What are the psus? The ssus? how would you estimate the average pH in the suburban wetlands?(b). The authors used Student’s two-sample t test to compare the average pH from the sites in the suburban wetlands with the average pH from the sites in the small town wetlands, treating all sites as independent. Is this analysis appropriate? Why, or why not?2. An inspector samples cans from a truckload of canned creamed corn to estimate the total number of worm fragments in the truckload. The truck has 580 cases; each case contains 24 cans. The inspector samples 12 cases at random, and subsamples 3 cans randomly from each selected case.Case 1 2 3 4 5 6 7 8 9 10 11 12Can1 1 4 0 3 4 0 5 3 7 3 4 0 Can2 5 2 1 6 9 7 5 0 3 1 7 0 Can3 7 4 2 6 8 3 1 2 5 4 9 0Please estimate the total number of worm fragments, along with a 95% confidence inter- val.3. The new candy Green Globules is being test-marketed in an area of upstate New York. The market research firm decided to sample 6 cities from the 45 cities in the area and then to sample supermarkets within cities, wanting to know the number of cases of Green Globules sold.Number of City Supermarkets1

 

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