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ACC 380

 

Review the financial information pertaining to Lee College in problem 11-8 in your text.  Prepare the following:

  1. A Statement of Activities using the format presented in Illustration 10-1.
  2. A Statement of Unrestricted Revenues, Expenses, and Other Changes in Unrestricted Net Assets.
  3. A Statement of Changes in Net Assets.

Your paper must:

Comparative Analysis Problem

Utilize the Excel spreadsheet template to calculate the following

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A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. The vice-president of manufacturing, concerned about a possible loss of sales, assigns his production manager the task of ensuring that chips are produced to meet the specification of 1.2 cm.

Based on the production run from last month, a 95% confidence interval was computed for the mean length of a computer chip resulting in:

95% confidence interval: (0.9 cm, 1.1 cm)

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