6. Scorekeeper, Inc., manufactures stadium scoreboards. Table 1

,6. Scorekeeper, Inc., manufactures stadium scoreboards. Table 1 illustrates the demand for, Scorekeepers scoreboards over the past 25 days. The mean of daily demand in 6 units., a. Is the demand distribution normal? How do you know?, b. Calculate the standard deviation for daily demand. Assume in this case that the performance, cycle is constant., Table 2 summarizes Scorekeepers performance cycles over the past 40 replenishment. The, expected cycle duration is 12 days., c. Is the performance cycle distribution normal? How do you know?, d. Calculate the standard deviation for the performance cycle., e. Given you answers to parts (b) ad (d), find the safety stock required at 1 combined standard, deviation under conditions of demand and performance cycle uncertainties.,f. If the typical order quantity is 36 units, find the average inventory at 3 standard deviations, under demand and performance uncertainty., g. Scorekeeper is striving for a 99 percent product availability level. Given the above information, as well as your answer to part (e), find the function value of the normal loss curve, f(k)., h. Use Table 7.14 to find the value for k, given your answer to part (g), and calculate the required, safety stock for the desired 99 percent availability level., i. What would be the required safety stock for 99 percent availability should the order quantity, change to 30 units?,

As you are planning the annual audit of Norton Corporation, you

As you are planning the annual audit of Norton Corporation, you note that the company has a number of user-operated computers in use in various locations. One of the machines has been installed in the stores department, which has the responsibility for disbursing stock items and for maintaining stores’ records. In your audit, you find that one employee receives the requisitions for stores, disburses the stock, maintains the records, operates the computer, and authorizes adjustments to the total amounts of stock recorded by the computer.,,When you discuss the applicable controls with the department manager, you are told that the user-operated computer is assigned exclusively to that department. Therefore, the manager contends that it does not require the same types of controls applicable to large IT systems.,,Required: ,, Comment on the manager’s contention., Discuss five types of control that would apply to this microcomputer application.,,Your paper should be 3-4 pages in length. Follow APA format and APA Requirements. Include a title page and reference page. Use two outside academic sources.

Answer these questions using the overview (p. 1) and 5 Exhibits

,Answer these questions using the overview (p. 1) and 5 Exhibits (pp. 3 – 9). Write your responsesin a new thread on the board.1. Calculate the following ratios for each year during the period 1980-1983. Comment on thetrend indicated by each ratio with respect to the financial performance and condition of theCharter Company.a. Profitability:Return on average total assets (assume a 46% income tax rate)b. Turnover:i. Accounts receivable (based on average gross trade receivables).ii. Inventory (based on average total inventory).iii. Total assets (based on average total assets).c. Liquidity:i. Current ratioii. Quick ratiod. Solvencyi. Total liabilities to total equitiesii. Total long-term debt to total long-term debt plus owner’s equity2. The Charter Company had a number of nonrecurring and/or noncash components ofincome from continuing operations in 1983. Beginning with the 1983 earnings fromcontinuing operations, adjust this figure for nonrecurring and/or noncash items (informationfor these adjustments are included in Exhibit 1 (p. 3), Exhibit 3 (p. 6), and Exhibit 4 (pp. 7 –8)).3. Based on the information presented in the case, discuss the extent to which the stockmarket, in the aggregate, anticipated Charter’s problems and priced its common stockaccordingly (see Exhibit 5 (p. 9)).,

As a manager of the waste treatment facility for the city of

As a manager of the waste treatment facility for the city of Columbus Park, Illinois, Ann Paxton is in the process of preparing an annual expense budget. While eating lunch at her desk, she thought about the coming year. "Next year, my department will probably be asked to process some 9,000,000 gallons of waste. Our variable cost are about $0.20 per gallon, and our fixed cost are about $2,400,000. So, the total cost should be somewhere around $4,200,000. I better submit a budget of around $4,900,000. The city’s tax revenues are down and the city controller will probably reduce whatever budget I submit by 10%. And what if I end up incurring higher expenses than anticipated? A new labor contract, for instance, could increase cost by more than $300,000. Or waste could be 500,000 gallons higher than estimated. The last thing I want is to incur more cost than budgeted. I’ve got to stay within budget to have any chance for a promotion out of this stinking department!" ,Discuss whether it is ethical for Ann to submit a budget for an amount higher than the cost expected to be incurred.,Note: I will need to be able to back my answer with accounting numbers.

Diamond & Turf Inc. is considering an investment in one of two

Diamond & Turf Inc. is considering an investment in one of two machines. The sewing machine will increase productivity from sewing 150 baseballs per hour to sewing 290 per hour. The contribution margin per unit is $ 0.32 per baseball. Assume that any increased production of baseballs can be sold. The second machine is an automatic packing machine for the golf ball line. The packing machine will reduce packing labor cost. The labor cost saved is equivalent to $ 21 per hour. The sewing machine will cost $ 260,000, have an eight- year life, and will operate for 1,800 hours per year. The packing machine will cost $ 85,000, have an eight- year life, and will operate for 1,400 hours per year. Diamond & Turf seeks a minimum rate of return of 15% on its investments. ,a. Determine the net present value for the two machines. Use the present value of an annuity of $ 1 table in the chapter (Exhibit 2). Round to the nearest dollar. ,b. Determine the present value index for the two machines. Round to two decimal places. ,c. If Diamond & Turf has sufficient funds for only one of the machines and qualitative factors are equal between the two machines, in which machine should it invest?