Question Solved1 Answer Mei-ling is thinking of repaying all amounts outstanding to her grandmother. Recall that Matcha Creations borrowed NT$2,000 on November 16, 2021, from Mei-ling's grandmother. Interest on the note is 6% per year, and the note plus interest was to be repaid in 24 months. Recall that a monthly adjusting journal entry was prepared for the months of November 2021 (1/2 month), December 2021, and January 2022. Calculate the interest payable that was accrued and recorded to July 31, 2022, assuming monthly adjusting entries were made. (Round answer to 0 decimal places, e.g. 125.) Interest payable NT$ Prepare the journal entry at August 31, 2022, to record one month's accrued interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answer to 0 decimal places, e.g. 125.) Debit Credit Date Account Titles and Explanation Aug. 31 Mei-ling repays her grandmother on September 15, 2022–10 months after her grandmother extended the loan to Matcha Creations. Prepare the journal entry for the loan repayment. (Credit account tities are automatically indented when amount is entered. Do not indent manually. Round answer to 0 decimal places, e.g. 125.) Debit Credit Date Account Titles and Explanation Sept. 15

QUESTION 2 The summarised financial statements of Zara Bhd. are as follows: Statements of Financial Position as at 31 July 2018 2017 RM RM RM RM ASSETS Non-current assets Property, plant and equipment 2,543,000 2,401,000 Intangibles 550,000 584,000 Investments 406,000 3,499,000 2,985,000 Current assets Inventories 685,000 598,000 Trade receivables 480,000 465,000 Prepayments 96,000 126,000 Cash and cash equivalents 426,000 1,687,000 200,000 1,389,000 Total assets 5,186,000 4,374,000 EQUITY AND LIABILITIES Equity Ordinary share capital 1,100,000 1,000,000 Assets revaluation reserve 342,000 200,000 Retained earnings 1,785,000 3,227,000 1,311,000 2,511,000 Non-current Liabilities Borrowings 500,000 1,000,000 5% Redeemable preference 200,000 shares Current Liabilities Trade payables 749,000 427,000 Accruals/other payables 108,000 131,000 Income tax payable 282,000 165,000 Provision 120,000 1,259,000 140,000 863,000 Total liabilities and equity 5,186,000 4,374,000 Statement of Profit of Loss and Other Comprehensive Income for the year ended 31 July 2018. RM Revenue Cost of sales Gross profit Distribution costs Administrative expenses Finance charges Investment income Profit before tax Income tax expense Profit for the year 5,762,000 (4,630,000) 1,132,000 (236,000) (127,000) (68,000) 55,000 756,000 (232,000) 524,000 Additional information: 1. Included in the trade payables at 31 July 2018 is RM351,000 (and, at 31 July 2017 is RM106,000) relating to purchases of property, plant and equipment on credit. 2. Included within accruals at 31 July 2018 is RM25,000 (and, at 31 July 2017 is RM50,000) for interest payable. The remaining accruals and prepayments are related to administrative expenses of the company. 3. Depreciation and amortisation of non-current assets for the year were included in the cost of sales. The details of “Property, plant and equipment" and "Intangible assets” are as follows: 2018 2017 RM Property, plant and equipment, cost 7,464,000 6,375,000 Accumulated depreciation (4,921,000) (3,974,000) 2,543,000 2,401,000 RM Intangibles, cost Accumulated amortisation 883,000 (333,000) 550,000 938,000 (354,000) 584,000 4. During the year, plant with original cost of RM479,000 and a carrying amount at the date of disposal of RM326,000 was sold for RM424,000 and the cash proceeds from the sale had been received. The record revealed that gain or loss on disposal of non-current assets was included in the Revenue account. 5. During the year, the company issued new ordinary shares. 6. Included in trade receivables at year end of 2018 was RM25,000 in relation to investment income. The corresponding figure for 2017 was RM15,000. 7. The intangible assets with accumulated amortisation at the date of disposal of RM40,000 were sold for RM12,000. There was no acquisition of intangible assets during the year. 8. 5% Redeemable preference shares in the amount of RM200,000 were issued during the year. Required: a. Using an 'Indirect Method', prepare a Statement of Cash Flows for Zara Bhd. for the year ended 31 July 2018, in accordance with MFRS 107. (15 marks) b. The Malaysian Accounting Standards Board (MASB) seems to prefer the 'Direct Method' presentation of Statement of Cash Flows. However, most companies tend to use the ‘Indirect Method' presentation. What could be the possible reasons for the companies to prefer 'Indirect Method"? (3 marks)

5 Identify whether demand or supply is increasing or decreasing for the relevant product. In each case, identify the demand or supply factor causing the change from the lists below. In which direction does the demand or supply curve shift? Demand Factors number of buyers income price of another product consumer preferences consumer expectations 01:42:30 Supply Factors number of producers resource price state of technology change in nature price of related product producer expectations a. A widespread expectation by consumers of lower future incomes affects current sales flat-screen TVs. In the market for flat-screen TVs there is ain) decrease in domand The factor that causes this change is: (Click to select) v. The (Click to select) v curve shifts to the (Click to select) b. An increase in the price pesticides affects the market for rice. In the market for rice there is ain) Click to select) in (Click to select) The factor that causes this change is: (Click to select) v. The (Click to select) v curve shifts to the (Click to select). c. A drop in the number of salmon farms influences the market for salmon. In the market for salmon there is an (Click to select) in (Click to select) The factor that causes this change is: (Click to select) . The (Click to select) curve shifts to the Click to select) d. The reduction in the price of streamed movies affects the market for pre-recorded DVDS In the market for pre-recorded DVDs there is aln) (Click to select) vin (Click to select) The factor that causes this change is: (Click to select) v. The (Click to select) v curve shifts to the (Click to select)

The following data are the response times in seconds for n = 25 first graders to arrange three objects by size. 501 3.7 5.5 3.9 3.5 4.3 4.1 4.3 4.6 4.1 3.3 2.7 2.9 4.6 4.8 3.4 3.8 4.9 5.2 4.1 4.7 3.2 4.4 3.6 5.4 (a) Find the mean and the standard deviation for these 25 response times. (Round your standard deviation to three decimal places.) mean sec standard deviation sec (b) order the data from smallest to largest. Enter your answers as a comma-separated list.) (c) Find the Z-scores for the smallest and largest response times. (Round your answers to two decimal places.) smallest largest Is there any reason to believe that these times are unusually large or small? Explain. Since neither of the z-scores are greater than 3 in absolute value, the measurements are not judged to be unusually large or small. Since the z-score of the largest value is greater than 3 in absolute value, the largest value is unusually large. The smallest value is not unusual. O Since both 2-scores are greater than 3 in absolute value, the measurements are judged to be unusual. Since the Z-score of the smallest value is greater than 3 in absolute value, the smallest value is unusually small. The largest value is not unusual.

(1 point) Use the given graph of the function f to find the following limits. If a limit does not exist, type "DNE". UP 1.0 1. lim f(x) = DNE X-2 2. lim f(x) = DNE 3. lim f(x) = x+2 DNE 4. lim f(x) = -1 5. f(0) = -1

4.3 The following data are the response times in seconds for n = 25 Grade 1 students to arrange three objects by size: 5.2 3.8 5.7 3.9 3.7 4.2 4.1 4.7 4.3 3.1 2.5 3.0 4.4 4.8 3.6 3.9 4.8 5.3 4.2 4.7 3.3 4.2 3.8 5.4 a. Find the mean and the standard deviation for these 25 response times. Given that { x = 454.810 (4 marks) b. Order the data from smallest to largest. (2 marks) c. Find the Z-scores for the smallest and largest response times. Is there any reason to believe that these times are unusually large or small? Explain. (4 marks)

(a) According to Eq. 8 and 9, compute the gradient of g(W) withrespect to W. Your result should be in the form of X, Y, and W. TE 9(W) = {(x?W – y.) (7) = ||XW - Y113 = (XW-Y)'(XW-Y) (8) (9)