The following selected events were experienced by either knox eldercare services, inc., a corporation, or steve knox, the major stockholder.
a. sold land and received cash of $69,000 (the land was carried on the company's books at $69,000).
b. received $15,400 cash from customers on account.
c. made cash purchase of land for a building site for the business, $89,000.
d. borrowed $62,000 from the bank for use in the business.
e. knox used personal funds to purchase a flat-screen tv for his home.
f. purchased medical equipment and signed a $90,000 promissory note in payment.
g. purchased office supplies on account for $1,200.
h. received $12,000 cash and issued stock to a stockholder.
i. paid $400 cash on accounts payable.
j. the business paid knox a cash dividend of $4,000.

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.

An important application of regression analysis in accounting is in the estimation of cost. by collecting data on volume and cost and using the least squares method to develop an estimated regression equation relating volume and cost, an accountant can estimate the cost associated with a particular manufacturing volume. consider the following sample of production volumes and total cost data for a manufacturing operation. production volume (units) total cost ($) 400 4000 450 5000 550 5400 600 5900 700 6400 750 7000 compute b 1 and b 0 (to 2 decimals if necessary). b 1 b 0 complete the estimated regression equation (to 2 decimals if necessary). = + x what is the variable cost per unit produced (to 1 decimal)? $ compute the coefficient of determination (to 4 decimals). note: report r 2 between 0 and 1. r 2 = what percentage of the variation in total cost can be explained by the production volume (to 2 decimals)? % the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to 2 decimals)? $

Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.