MEMO To: Manager of Newman Title Inc. From: Date: 12 September 2011 Re: SEC investigation and Resignation of CFO The purpose of this memo is to provide Newman Title Inc. manager‚ about the investigation from U.S. Securities and Exchange Commission (SEC) regarding Newman Title’s accounting practice of revenue recognition‚ and the impact of CFO’s resignation for the company its share market. Legally we are required to comply with the request of the SEC and give the SEC the invoices and
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Project Part B: Hypothesis Testing and Confidence Intervals a. The average (mean) annual income was less than $50‚000 Null Hypothesis: The average annual income was greater than or equal to $50‚000 H₀: µ > 50000 Alternate Hypothesis: The average annual income was less than $50‚000. Ha: µ > 50000 Analysis Plan: Significance Level‚ α=0.05. Since the sample size‚ n > 30 I will use z-test for mean to test the given hypothesis. As the alternative hypothesis is Ha: µ > 50000‚ the given test is
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Ada M. Tickle Week 3 ACC/545 Jamona Corporation Scenario 1 Journal Entries Dates Accounts Debit Credit 1 Jan 2006 Available for sale securities 322‚744.44 Cash 322‚744.44 31 Dec 2006 Cash 36‚000 Available for sale securities 3‚725.56 Interest Revenue ($3222.744.44 X .10) 32‚274.44 31 Dec 2006 Securities Fair Value Adjustment (available for sale) 1‚481.12 Unrealized Holding Gain or Loss Equity (320‚500.00 – 319‚018.88) 1‚481
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Part A: Long-term debt can generally be classified into three different categories: bonds payable‚ notes payable‚ and capital leases. Bonds payable can be secured by collateral‚ such as a mortgage bond‚ or unsecured‚ backed only by a company’s promise to pay. Most bonds carry a stated rate of interest but others are sold at a discount with an implied rate of interest inherent in the discounted sale. Some bonds can be converted into other securities. Other bonds can be called in by the corporation
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MATERIALS AND METHODS This experiment contained two parts‚ a “PART A” consisting of blood pressure measurements‚ and a “PART B” consisting of linear displacement measurements. The equipment used in “PART A” consisted of an OMRON manual sphygmomanometer with a stethoscope attachment as the manual blood pressure meter‚ and a ReliOn Manual Inflation Blood Pressure Monitor model HEM-412CREL as the automated blood pressure meter. The pressure accuracy of the automatic meter was 3 mmHg and held a displayed
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average price of gasoline in the Chicago area is between $3.25 - $3.70. In the summertime‚ we were paying gasoline prices of around $3.80 - $4.50. Consumers are deciding to drive less for recreation and more of going straight from point A to point B. The supply of gasoline has increased during the winter months‚ and producers capitalize on that surplus with the increased driving by consumers in the upcoming spring and summer months‚ while increasing the price of gasoline substantially. But in
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PROJECT PART B: Hypothesis Testing and Confidence Intervals Math 533 Applied managerial Statistics. Instructor: Mr. Patrick Mayers. April 12‚ 2015 Guillermo H. Quintela. a. The average (mean) sales per week exceeds 41.5 per salesperson. The Null Hypothesis: The average (mean) sales per week is greater than or equal to 41.5 per salesperson. Ho:µ >= 41.5 The alternate Hypothesis: The average (mean) sales per week is less than or equal than 41.5 per salesperson. Ha:µ < 41.5 For a significance
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GM 545 Business Economics Professor: William Mason Project Part II February 1‚ 2012Gutierrez Chapter 15‚ Question 11 A) The graph given to us depicts the GDP of five decades and indicates how consumption (consumers)‚ government spending‚ gross private domestic investment‚ and net exports have contributed to the economy for the past 50 years. We look at the percentage calculation of each component of GDP. We realize that Government spending is the most stable and after that comes Gross private
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DECISION MAKING ACROSS ORGANIZATION Team B ACC/561 DECISION MAKING ACROSS ORGANIZATION BYP 18-1 The Martinez Company has decided to introduce a new product. The new product can be manufactured by either a capital-intensive method or a labor-intensive method. The manufacturing method will not affect the quality of the product. The estimated manufacturing costs by the two methods are as follows: Capital-Intensive Labor-Intensive
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100 elderly‚ it just wouldn’t be fair. She should report the sales because if she don’t everyone won’t get the bonus or vacation and everyone will be mad at her. The positives outweigh the negatives‚ a bonus and vacation for everyone Catalina is a part of a team‚ and since she came up short she should just report the sales. Then the following year cancel them. She owes her team for coming up short since it is not fair to them. Catalina should not report the sales. It is lying and disrespectful to
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