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15.

Janson Corporation Co.'s trial balance included the following account balances as of December 31, 2022:

Accounts receivable

$12,000

Inventories

40,000

Patent

12,000

Investments

30,000

Prepaid insurance

6,000

Note receivable, due 2025

50,000

Investments consist of treasury bills that were purchased in November 2022 and mature in January 2023. Prepaid insurance is for two years. What amount should be included in the current asset section of Janson's December 31, 2022 statement of financial position?

A.

$88,000

B.

$85,000

C.

$55,000

D.

$135,000

18.

Janson Corporation Co.'s trial balance included the following account balances as of December 31, 2022:

Accounts payable

$25,000

Bond payable, due 2031

22,000

Salaries payable

16,000

Note payable, due 2023

20,000

Note payable, due 2027

40,000

What amount should be included in the current liabilities section of Janson's December 31, 2022, statement of financial position?

A.

$63,000

B.

$41,000

C.

$61,000

D.

$101,000

20.

Which of the following would be disclosed in the summary of significant accounting policies disclosure note?

Composition of Noncurrent Debt

Depreciation Method

a.

No

Yes

b.

Yes

No

c.

Yes

Yes

d.

No

No

A.

Option a

B.

Option b

C.

Option c

D.

Option d

16.

Provincial Ltd reported the following before-tax statement of profit or loss items:

Operating profit

$600,000

Loss on discontinued operations

100,000

Provincial has a 30% income tax rate.

Provincial would report the following amount of income tax expense as a separately stated line item in the statement of profit or loss: ______.

A.

$198,000

B.

$180,000

C.

$168,000

D.

$150,000

16.

Provincial Ltd reported the following before-tax statement of profit or loss items:

Operating profit

$600,000

Loss on discontinued operations

100,000

Provincial has a 30% income tax rate.

Provincial would report the following amount of income tax expense as a separately stated line item in the statement of profit or loss: ______.

A.

$198,000

B.

$180,000

C.

$168,000

D.

$150,000

1. There are many probability distributions; some common ones: a. Continuous: normal, exponential, continuous uniform, triangular b. Continuous: normal, binomial, continuous uniform, triangular c. Continuous: normal, exponential, Poisson, triangular d. Continuous: geometric, exponential, continuous uniform, triangular 2. There are many probability distributions; some common ones: a. Discrete: discrete uniform, binomial, Poisson, geometric, normal b. Discrete: discrete uniform, binomial, Poisson, geometric, negative binomial c. Discrete: discrete uniform, binomial, Poisson, exponential, negative binomial d. Discrete: discrete uniform, triangular, Poisson, geometric, negative binomial 3. There are many probability distributions; some common ones: a. Continuous: normal, exponential, continuous uniform b. Discrete: discrete uniform, binomial c. Discrete: discrete uniform, binomial, Poisson, geometric, negative binomial d. Continuous: normal, exponentialProblem 2 Let X be an exponentially distributed random variable with parameter A. The density function of X is fx(x) = de-Ar (1) Find the expectation and variance of the random variable. Problem 3 Random variable X has probability density function f given by f(x) = 0 for r1, and f(x) = 4x - 4x3 for 0