10 percent partner in a partnership that incurred a $4 million business loss this year. Jahlil has no other business activities.

Response:

Closing Journal Entries:

1. Debit Fees Earned $56,000

Credit Income Statement $56,000

To finalize the account for the period.

2. Debit Income Statement $25,000

Credit Depreciation Expense $25,000

To finalize the account for the period.

3. Debit Income Statement $23,000

Credit Salaries Expense $23,000

To finalize the account for the period.

4. Debit Income Statement (Retained Earnings) $2,000

Credit Dividends $2,000

To finalize the account for the period.

Clarification:

Closing entries involve journalizing actions to wrap up temporary accounts, such as revenue and expenses, to the Income Statement. This ensures that only permanent accounts remain for the Balance Sheet moving forward. Temporary accounts do not carry over to subsequent periods unlike permanent accounts.

These closing entries transfer all revenue and expense entries at the conclusion of an accounting period to an income summary account, which is used to compute the financial performance metrics (which include gross profit and net income or loss) for that period.

The value that distinguishes the lowest 25% of data from the highest 75% is -0.00235. Previous concepts: Normal distribution, which describes a "probability distribution that is balanced around the mean, indicating that data close to the mean occur more frequently than those further away from it". The Z-score is "a statistical measurement relating a value to the mean of a set of values, in terms of its distance in standard deviations from the mean". To solve the problem, let X represent the variable of interest in a population; we know the distribution for X is given by:... We want to find a value a to satisfy the condition:... Both conditions here are equivalent. We can apply the Z-score again to find the value a. The figure shows that the z value meeting the condition with 0.25 of the area to the left and 0.75 to the right is z = -0.674. Therefore, P(Z < -0.674) = 0.25 and P(z > -0.674) = 0.75. We can use condition (b) previously to derive... We know the z value that satisfies the equation, so we can proceed to solve for a, which gives us... Thus, the value that separates the lower 25% of data from the upper 75% is -0.00235.

Con base en estudios previos o en la historia del supermercado, podrían identificar los momentos del día con mayor afluencia, por lo tanto, tendrían que aumentar el número de entregas en esos momentos. Además, necesitarían distintos sistemas de servidores para calcular cuántas personas querrían trabajar y así limitar la cantidad de clientes en la fila y su tiempo de espera.

Response:

The yearly average return stands at 9.6 %

Clarification:

Calculating the average return

Assuming the price per share is 100

                                                       Initial    Growth             Final

                                                         Value            %                   Value

Company A  50 % at 100                5,000              8 %                 5,400

Company B 30 % at 100                 3,000              12 %                3,360    

Company C 20 % at 100                  2,000             10 %                2,200

Total amounts                             10,000                                     10,960

To find the average return, take the increase in value over the base, divided by the base

10,960 -  10,000  =  960/ 10000  = 9.6 % average return