Question 14 of 20

On January 1, 2020, Sunland Company purchased land for an office site by paying $2680000 cash. Sunland began construction on the

SIZIF [17.4K]

Answer:

Sunland Company

The amount of interest cost to be capitalized during 2020 is:

= $948,000.

Explanation:

a) Data and Calculations:

Cost of purchased land = $2,680,000

Construction expenditures:

Date Expenditures:

January 1, 2020 $ 1,780,000

April 1, 2020 2,530,000

May 1, 2020 4,490,000

June 1, 2020 4,720,000

Total expenditure $13,520,000

Weighted-average accumulated expenditures = $4,300,000

Debts:

January 1, 2020, 9%, 3-year note payable = $3,650,000

January 1, 2020, 12%, 6-year note payable balance = $1,400,000

Interests capitalization:

Weighted-average accumulated expenditures = $451,500 ($4,300,000 * 10.5%)

3-year note payable = $328,500 ($3,650,000 * 9%)

6-year note payable balance = $168,000 ($1,400,000 * 12%)

Total interest to be capitalized = $948,000

8 0

3 years ago

The Centers for Disease Control and Prevention (CDC) defines a healthy sleep duration

laiz [17]

a. The point estimate of the married people that sleep well is = 0.6299. The confidence interval for the mean hours of sleep for those that have never been married but report good sleep is 0.6186, 0.6412

b. The point estimate of the number of hours for people that have never been married = 7.2257

95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447

c. the estimated number of sleep for those that have never been married = 7.729 hours

a. The point estimate

$P=\frac{Xp}{n}$

$Xp = successes\\n = sample size\\$

Those who have never been married n = 7044

Xp = those who sleep for 7 hours at least

To get Xp, the excel function

Countif(range, criteria)

Countif(A:A, >=7)

This gives Xp = 4437

Point estimate =

$\frac{4477}{7044}$

= 0.6299

The point estimate of the married people that sleep well is = 0.6299

At 95% interval of confidence,

α = 1-0.95 = 0.05

α/2 = 0.05/2 = 0.025

Z0.025 = 1.96 ( Use the standard probability normal table)

Margin of Error

= $M.E = 1.96\sqrt \frac{0.6299(1-0.6299)}{7044} \\\\= 1.96\sqrt{0.000033} \\\\1.96*0.0057$

= 0.0113

The 95% confidence interval

= 0.6299 - 0.0113 , 0.6299 + 0.0113

= 0.6186, 0.6412

The confidence interval for the mean hours of sleep for those that have never been married is 0.6186, 0.6412

b. Sample mean

x = ∑x/n

x = number of sleep of the never been married

Mean is calculated using excel function

Average(range)

Average(a:a)

This gives the sample mean = 7.2257

The point estimate of the number of hours for people that have never been married = 7.2257

Standard deviation using excel =

Stdev(A:A) = 0.8211

$Margin of error =1.96*\frac{0.8211}{\sqrt{7044} }$

= 0.0192

The confidence interval =

= 7.2257-0.0192, 7.2257+0.0192

= 7.2065, 7.2447

95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447

c. From the available data, the mean number of sleep per day that is gotten from the 4437 people that are unmarried and sleep healthily for at least 7 hours = 34295.1

Mean = 34295.1/4437

= 7.729

the estimated number of sleep for those that have never been married = 7.729 hours

6 0

2 years ago

What impact can good accountability mechanisms have on the admissibility of evidence in court cases? enables encryption of the e

ludmilkaskok [199]

Answer:

Option A, ENABLES ENCRYPTION OF THE EVIDENCE.

Explanation:

Admissible evidence, in a court of law, is any testimonial, documentary, or tangible evidence that is introduced to a judge or jury to prove a point (put forth by a party to the proceeding) or element in a case.

However, before an evidence can be used in a case, it must be considered admissible. And for an evidence to be admissible, it must be relevant and not excluded by rules of evidence (generally means it must not be prejudicial and must be reliable).

The government can be viewed as mechanism of accountability, particularly from a provider to a purchaser. Thus, a task for regulation is to set norms which would help make that accountability process fair and effective, this is referred to as the mechanism.

A good accountability mechanism is beneficial in the following ways:

* It has impact on admissibility of evidence in court cases.

* it allows nonrepudiation (it means sufficient evidence exists such that a user can not defend an action).

* It enables encryption of the evidence. Encryption means is the process of encoding a message or information in such a way that only authorized parties can access it and unauthorized parties cannot.

Therefore, option A best suits the question, the impact that a good accountability mechanism has on on the admissibility of evidence in court cases is that it ENABLES THE ENCRYPTION OF THE EVIDENCE.

7 0

2 years ago

A test of your ability to learn to be an automobile mechanic would be considered a(n ________ test. aptitude intelligence achiev

disa [49]

A test of your ability to learn to be an automobile mechanic would be considered an aptitude test. :)

7 0

3 years ago

Naumann Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Se

vova2212 [387]

Answer:

An increase in net operating income of $127,200

Explanation:

Consider the variable effect of the changes.

Sales ($400 x 400) $160,000

Less Variable expenses ( $82 x 400) ($32,800)

Contribution $127,200

therefore,

An increase in net operating income of $127,200

4 0

3 years ago