Data can be obtained from the following link. httpwww.cbssports.pdf

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Data can be obtained from the following link. http://www.cbssports.com/collegebasketball/ncaa-tournament/history/ 1.Use data from all previous NCAA tournaments and obtain empirical probability that a.all top seeds reach final four. b. at least one top seed reach final four. c.no top seed reach final four. 2.Use the following probability model to obtain theoretical probability that a.all top seeds reach final four. b. at least one top seed reach final four. c.no top seed reach final four. 3.Obtain empirical and theoretical probabilities of top four teams in each group reaching final four. Rank Empirical prob. Of reaching final four Theoretical probability of reaching final four 1 2 3 4 4.What is the probability that a team from the Big Ten Conference will win this year Rank Empirical prob. Of reaching final four Theoretical probability of reaching final four 1 2 3 4 Solution http://www-personal.umich.edu/~bwest/final_version_inpress.pdf.

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Danny Inc. issued a 100 stock dividend of its common stock which ha.pdf

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Daniels Company is owned and operated by Thomas Daniels. The following selected transactions were completed by Daniels Company during May: 1. Received cash from owner as additional investment $55,000. 2. Paid creditors on account $7,000. 3. Billed customers for services on account, $2,565. 4. Received cash from customers on accounts $8,450. 5. Paid cash to owner for personal use, $2,500. 6. Received the utility bill $160, to be paid next month. Indicate the effect of each transaction on the accounting equation: 1) By Account type - (A)assets, (L)liabilities, (OE)owner’s equity, (R)revenue, and (E)expense 2) Name of Account for the entry 3) The amount by of the transaction. 4) Indicate the direction of change in the account that is affected. Note: Each transaction has two entries. Entry Entry Acct Type (1) Name of Acct (2) Amount (3) Increase or Decrease (4) Acct Type (1) Name of Acct (2) Amount (3) Increase or Decrease (4) 1 2 3 4 5 6 The accountant for Franklin Company prepared the following list of account balances from the company’s records for the year ended December 31, 2011: Fees Earned $165,000 Cash $ 30,000 Accounts Receivable 14,000 Selling Expenses 44,000 Equipment 64,000 Franklin, Capital 27,000 Accounts Payable 12,000 Interest Income 3,000 Salaries & Wages Expense 40,000 Prepaid Rent 2,000 Income Taxes Payable 5,000 Income Taxes Expense 18,000 Notes Payable 20,000 Rent Expense 20,000 1. Received cash from owner as additional investment $55,000. 2. Paid creditors on account $7,000. 3. Billed customers for services on account, $2,565. 4. Received cash from customers on accounts $8,450. 5. Paid cash to owner for personal use, $2,500. 6. Received the utility bill $160, to be paid next month. Solution Answer: Answer: Assets Cash 30,000, A/R 14,000, Eqpt 64,000, Prepaid 2,000 = 110,000 Liabilities Accts Pay 12,000, Tax payable 5,000, Notes pay 20,000 = 37,000 Equity Franklin Capital 7,000 Net Income 165,000 - 44,000 + 3,000 - 40,000 - 18,000 = 66,000 Total Equity 7,000 + 66,000 = 73,000 Total Liabilities + Equity = 110,000EntryEntryAcct TypeName of AcctAmountIncrease or DecreaseAcct TypeName of AcctAmountIncrease or Decrease-1-2-3-4-1-2-3- 41ACash55000IncOECapital55000Inc2ACash7000DecLAcct Pay7000Dec3AAcct Rec2565IncRFees Earned2565Inc4ACash8450IncAAcct Rec8450Dec5ACash2500DecOEDrawing2500Inc6LAcct Pay160IncEUtil exp160Inc.

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Danielle is a divorced single parent who is currently paying back a college loan, attending graduate school part-time, and working full-time earning $42,000. She has custody and provides all support for her child. Which of the following adjustments, deductions, or credits might apply to her? Solution Adjustment for student loan interest Child tax credit Child and dependent care credit Lifetime learning tax credit.

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Daniela is a 25% partner in the JRD Partnership. On January 1, JRD makes a liquidating distribution of $20,000 cash and inventory with a $15,000 fair value (inside basis $5,000) to Daniela. JRD has no liabilities at the date of the distribution. Daniela\'s basis in JRD is $21,000. What is the amount and character of Daniela\'s gain or loss from the distribution? Solution Daniela\'s Share: Cash 20000 Inventory 15000 Total Received 35000 Daniela\'s Basis 21000 Daniela\'s Gain 14000.

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