Use the conditional "If you live in the United States, then you live in Kentucky". Write the indicated type of statement and determine its truth value. Inverse

What is visual hierarchy in map design? How is the hierarchy related to the map purpose?

Modern vacuum pumps make it easy to attain pressures of the order of $10^{-13}$ atm in the laboratory. Consider a volume of air and treat the air as an ideal gas. (a) At a pressure of $9.00 \times 10^{-14}$ atm and an ordinary temperature of 300.0 K, how many molecules are present in a volume of $1.00 \mathrm{cm}^{3}$? (b) How many molecules would be present at the same temperature but at 1.00 atm instead?

An old manuscript reveals that a landowner in the time of King Arthur held 3.00 acres of plowed land plus a livestock area of 25.0 perches by 4.00 perches. What was the total area in the more modern unit of square meters? Here, 1 acre is an area of 40 perches by 4 perches, 1 rood is an area of 40 perches by 1 perch, and 1 perch is the length 16.5 ft.

Design an algorithm to convert the change given in quarters, dimes, nickels, and pennies into pennies.

Daniel Perkins is the sole shareholder of Perkins Inc., which is currently under protection of the U.S. bankruptcy court. As a "debtor in possession," he has negotiated the following revised loan agreement with United Bank. Perkins Inc.'s $600,000, 12%, 10-year note was refinanced with a$600,000, 5%, 10-year note.

Instructions

a. What is the accounting nature of this transaction?

b. Prepare the journal entry to record this refinancing.

1. On the books of Perkins Inc.
2. On the books of United Bank.

c. Discuss whether generally accepted accounting principles provide the proper information useful to managers and investors in this situation.

Listed below are nine technical accounting terms:

$$\begin{array}{lll}\text { Variable costs } & \text { Relevant range } & \text { Contribution margin } \\ \text { Break-even point } & \text { Fixed costs } & \text { Semivariable costs } \\ \text { Economies of scale } & \text { Sales mix } & \text { Unit contribution margin }\end{array}$$

Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms.

g. Costs that respond to changes in sales volume by less than a proportionate amount.

During the $1990$s, General Electric put together a long string of consecutive quarters in which the firm managed to meet or beat the earnings forecasts of Wall Street stock analysts. Some skeptics wondered if GE “managed" earnings to meet Wall Street's expectations, meaning that GE used accounting gimmicks to conceal the true volatility in its business. How do you think GE's long run of meeting or beating earnings forecasts affected its cost of capital? If investors learn that GE's performance was achieved largely through accounting gimmicks, how do you think they would respond?

Constructing a rain gutter is a design for a rain gutter.

Express the volume $V$ as a function of $\theta$.

Katie Vote owns a small business that rents computers to students at the local university for the 9-month school year. Katie’s typical rental contract requires the student to pay the year’s rent of $1,800 ($200 per month) in advance. When Katie prepares financial statements at the end of December, her accountant requires that Katie spread the $1,800 over the 9 months that a computer is rented. Therefore, Katie can recognize only$800 revenue (4 months) from each computer rental contract in the year the cash is collected and must defer recognition of the remaining $1,000 (5 months) to next year. Katie argues that getting students to agree to rent the computer is the most difficult part of the activity so she ought to be able to recognize all$1,800 as revenue when the cash is received from a student.

Required:

Explain why generally accepted accounting principles require the use of accrual accounting rather than cash-basis accounting for transactions like the one described here.

In your opinion, do unions have a useful, even necessary, role to play in the modern American economy? How do you think unions affect the current economy? In what ways might the economy be improved if unions were stronger, or how might the economy be weakened by more unionization? Defend your point of view with facts and evidence in a one-page paper.

Explain the design of the type of gas container shown in the illustrations and graphs in Lesson 3.

Mary Wade owns a small business that rents parking spaces to students at the local university. Mary’s typical rental contract requires the student to pay the year’s rent of $720 ($60 per month) in advance. When Mary prepares financial statements at the end of December, her accountant requires that Mary spread the $720 over the 12 months that a parking space is rented. Therefore, Mary can recognize only$240 revenue (4 months) from each contract in the year the cash is collected and must defer recognition of the remaining $480 (8 months) to next year. Mary argues that getting students to agree to rent the parking space is the most difficult part of the activity so she ought to be able to recognize all$720 as revenue when the cash is received from a student.

Required:

Explain why generally accepted accounting principles require the use of accrual accounting rather than cash-basis accounting for transactions like the one described here.

Construct a Plackett-Burman design for 10 variables containing 24 experimental runs.