To complete the rotor assembly for an experimental spacecraft, Gilbert has laid out nine major activities involved. These activities have been labelled A to I in the table below, which also shows their estimated completion times (in weeks) and their immediate predecessors. EVENTS AND ACTIVITIES FOR ROTOR ASSEMBLY

ACTIVITIES TIMES (IN WEEKS) PRECEDING EVENT
A M B
A 1 2 3 -
B 2 3 4 A
C 4 5 6 A
D 8 9 10 A
E 2 5 8 B
F 4 5 6 B, C
G 1 2 3 F, D
H 1 3 5 E, F
I 2 4 6 H, G

Key: A is optimist time, M is the most likely time and B is the pessimistic time.

i. Calculate the expected time for each activity (9 Marks)

ii. Draw a Gantt Chart from the same information above (7 Marks)

iii. State the critical path and the maximum number of weeks the project will take to be completed. (3 Marks)

iv. Discuss the pros and cons of using the Gantt chart as a planning and scheduling tool? (6 Marks)

Presented below is a list of possible transactions. analyze the effect of the 18 transactions on the financial statement categories indicated. transactions assets liabilities owners’ equity net income 1. purchased inventory for $80,000 on account (assume perpetual system is used). 2. issued an $80,000 note payable in payment on account (see item 1 above). 3. recorded accrued interest on the note from item 2 above. 4. borrowed $100,000 from the bank by signing a 6-month, $112,000, zero-interest-bearing note. 5. recognized 4 months’ interest expense on the note from item 4 above. 6. recorded cash sales of $75,260, which includes 6% sales tax. 7. recorded wage expense of $35,000. the cash paid was $25,000; the difference was due to various amounts withheld. 8. recorded employer’s payroll taxes. 9. accrued accumulated vacation pay. 10. recorded an asset retirement obligation. 11. recorded bonuses due to employees. 12. recorded a contingent loss on a lawsuit that the company will probably lose. 13. accrued warranty expense (assume expense warranty approach). 14. paid warranty costs that were accrued in item 13 above. 15. recorded sales of product and related service-type warranties. 16. paid warranty costs under contracts from item 15 above. 17. recognized warranty revenue (see item 15 above). 18. recorded estimated liability for premium claims outstanding.

Acompany recently announced that it would be going public. the usual suspects, morgan stanley, jpmorgan chase, and goldman sachs will be the lead underwriters. the value of the company has been estimated to range from a low of $5billion to a high of $100billion, with $45billion being the most likely value. if there is a 20% chance that the price will be at the low end, a 10% chance that the price will be at the high end, and a 70% chance that the price will be in the middle, what value should the owner expect the company to price at?

After working for stafford automotive group as an automotive technician for the last 4 years, stan was promoted to the position of service manager. he now oversees the work of the other automotive technicians and shop attendants, is responsible for training them, and manages the parts inventory. stan would be considered a(n) manager.