XYZ Bank loaned cash to a customer on August 1, Year 1. The…
XYZ Bank loaned cash to a customer on August 1, Year 1. The note receivable had a principal amount of $55,000, 6% interest rate, and a term of six-months. How much interest income would be reported on the Year 1 income statement dated December 31? [Amount1] How much cash interest would be collected in Year 1? [Answer2] How much interest income would be reported on the Year 2 income statement, assuming no other sources provided interest during the year? [Answer3] How much cash interest would be collected in Year 2? [Answer4]
Read DetailsAt the end of the day on June 30, Smith Company’s cash accou…
At the end of the day on June 30, Smith Company’s cash account showed a balance of $7,000. Smith’s June 30 bank statement showed a balance of $6,500. You are preparing the bank reconciliation for the month of June. Indicate how each of the following items would be used in determining the adjusted cash balance at June 30: The bank statement included a $70 charge for new checks, the price of which was not previously known by Smith Company. [Classify1] Outstanding checks totaled $1,200 on June 30. [Classify2] The company deposited $1,180 of cash receipts on the evening of June 30th, which were not reflected on the bank statement. [Classify3] Smith Company properly issued payment in the amount of $350 for utility expense. This was incorrectly entered in the accounting system for $200. [Classify4] One of Smith’s customers issued payment in the amount of $300, which was deposited Smith Company. The bank statement didn’t show this deposit, and included a note that this check was returned NSF. [Classify5] Once you’ve classified the above, please determine the following: What was the adjusted cash balance as of June 30? [Amount1]
Read DetailsA. You found a series of 10 of those study designs (from pre…
A. You found a series of 10 of those study designs (from previous answer) and now you need to critically review the articles and create a comparison table. What will be the independent and the dependent variables that you might want to identify in all studies to facilitate comparison?
Read DetailsA RCT has been designed to assess the effectiveness of a bal…
A RCT has been designed to assess the effectiveness of a balance program on fall risk prevention for an adult population from 75-95 year old. Three groups are compared: a control group that receives a fall risk prevention pamphlet, a group with an exercise protocol of ankle and stepping strategies, and an exercise group of Tai Chi. All patients completed a baseline questionnaire to collect comorbidities as well as fall history and a set of objective tests consisting of the Time Up and Go test (TUG) and the Functional Reach Test (FRT). The TUG was used to screen for risk of falling while the FRT was used to assess changes/improvement in balance. After 4 weeks of the intervention, patients were tested again to measure progression If the assumption of normality is not met, what statistical analysis would you rather choose to compare treatment effectiveness using the FRT?
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