The accounting records of jamaican importers, inc., at january 1, 2018, included the following: assets: investment in ibm common shares $ 1,745,000 less: fair value adjustment (185,000 ) $ 1,560,000 no changes occurred during 2018 in the investment portfolio. required: prepare appropriate adjusting entry(s) at december 31, 2018, assuming the fair value of the ibm common shares was: $1,283,000 $1,610,000 $1,755,000

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.