An analysis of the transactions made by crane company, a certified public accounting firm, for the month of august, its first month of operations is shown below. each change in revenues or expenses is explained. assets = liabilities + stockholders’ equity cash + accounts receivable + supplies + equipment accounts payable common stock retained earnings = + + revenues – expenses – dividend 1. $14,750 $14,750 2. –2,700 $4,700 $2,000 3. –800 $800 4. 6,100 $3,100 $9,200 service revenue 5. –1,600 –1,600 6. –1,900 -$1,900 7. –650 –$650 rent expense 8. 500 –500 9. –4,000 –4,000 salaries/wages expense 10. 400 –400 utilities expense prepare an income statement for august.

Abakery wants to determine how many trays of doughnuts it should prepare each day. demand is normal with a mean of 5 trays and standard deviation of 1 tray. if the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? assume doughnuts have no salvage value after the day is complete.

Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement