Purpose of Assignment

This comprehensive case requires students to evaluate a static budget and prepare flexible budgets to meet managerial needs. Students are required to calculate and analyze variances and discuss how variances are critical to managerial decision making.

Assignment Steps

Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC), Green Pastures Static Budget Income Statement

Scenario: Green Pastures is a 400-acre farm on the outskirts of the Kentucky Bluegrass, specializing in the boarding of broodmares and their foals. A recent economic downturn in the thoroughbred industry has led to a decline in breeding activities, and it has made the boarding business extremely competitive. To meet the competition, Green Pastures planned in 2017 to entertain clients, advertise more extensively, and absorb expenses formerly paid by clients such as veterinary and blacksmith fees.

The budget report for 2017 is presented as an attachment. As shown, the static income statement budget for the year is based on an expected 21,900 boarding days at $25 per mare. The variable expenses per mare per day were budgeted: feed $5, veterinary fees $3, blacksmith fees $0.25, and supplies $0.55. All other budgeted expenses were either semifixed or fixed.

During the year, management decided not to replace a worker who quit in March, but it did issue a new advertising brochure and did more entertaining of clients.

Develop No more than 700-word examination of the financial statements and include the following: (Write in Word document) using headlines to state each of the following with explanations.

• Based on the static budget report:
  • What was the primary cause(s) of the loss in net income?
  • Did management do a good, average, or poor job of controlling expenses?
  • Were management’s decisions to stay competitive sound?
• Prepare a flexible budget report for the year.
• Based on the flexible budget report:
  • What was the primary cause(s) of the loss in net income?
  • Did management do a good, average, or poor job of controlling expenses?
  • Were management’s decisions to stay competitive sound?
• What course of action do you recommend for the management of Green Pastures?

PART 1: Show Complete calculations / Computations and your work in Microsoft^® Excel^®.

PART 2: Write no more than 700 words using Microsoft^® Word^®.

Format the assignment consistent with APA guidelines.

Refrences: Minimum 2 refrences and in text citations.

Several years​ ago, the reported mean age of an inmate on death row was 44.9 years. A sociologist wondered whether the mean age of a​ death-row inmate has changed since then. He randomly selects 32 ​death-row inmates and finds that their mean age is 43.1, with a standard deviation of 8.8.

Construct a 99​% confidence interval about the mean age of death row inmates. What does the interval​ imply?

(_ , _)

(Use ascending order. Round to two decimal places as​ needed.)

What does the interval​ imply?

A. Since the given mean age is in the ​interval, do not reject the null hypothesis.

B. Since the given mean age is in the ​interval, reject the null hypothesis.

C. Since the given mean age is not in the ​interval, reject the null hypothesis.

D. Since the given mean age is not in the ​interval, do not reject the null hypothesis.

For this assignment please write a 2 pages literature review
on the articles uploaded to related to the information provided in highlight in Bold. Please
follow these rubric for literature review.

Literature reviewed represents a comprehensive review of the research topic.	5
Review of the literature is a critical, analytical summary.	5
Review of the literature illustrates a synthesis of the current knowledge of research topic.	10
Followed APA guidelines for writing style, spelling and grammar, and citation of sources.	5

Include a introductions that tides the information provided
with the conceptual map in 2-3 paragraph. Then construct a conceptual map Use
Microsoft Word or Microsoft PowerPoint defined the concepts and included
relational statements in a separate attachment, based on the information
provided below.

Based on the articles of evidences collected for the
proposed study of management of exacerbation of COPD via Nonpharmacologic
treatments such as pneumococcal/ influenza vaccine/ or smoking cessation
counseling. Which theories have others cited? Please use Health promotion theories by
Bonnie Raingruber and the Grand theory as the common theme of self- management
to reduce acute COPD exacerbations. Are you seeing a common theme? Self-management along with
severity of disease is the common theme for success in prevention of reoccurrences
of exacerbations with the outcome of better quality of life and decrease admission
into hospital for acute exacerbations. Next construct a conceptual map (see
p. 133 in your textbook). Provided
below.  Use Microsoft Word or
Microsoft PowerPoint and include this as an attachment. Be sure you have
defined the concepts and included relational statements.

This is example of what the conceptual map should be and
have..

Constructing a Conceptual Map

A conceptual map is a visual
representation of a research framework. With the concepts defined and the
relational statements diagrammed, you are ready to visually represent the
framework for your study. The framework may be limited to only the concepts
that you are studying or may be inclusive of other related concepts that are
not going to be studied or measured. When the framework includes concepts that

are not included in the specific
study being proposed, you must clearly identify the portion of the framework
being used.

From a practical standpoint,
first arrange the relational statements you have diagrammed from left to right
with outcomes located at the far right. Concepts that are elements of a more
abstract construct can be placed in a frame or box. Sets of closely
interrelated concepts can be linked by enclosing them in a frame or circle.
Second, using arrows, link the concepts in a way that is consistent with the
statement diagrams you previously developed. Every concept should be linked to
at least one other concept. Third, examine the framework diagram for
completeness by asking yourself the following questions:

  1Are all of
the concepts in the study also included on the map?

  2Are all
the concepts on the map defined?

  3Does the
map clearly portray the phenomenon?

  4Does the
map accurately reflect all the statements?

  5Is there a
statement for each of the links portrayed by the map?

  6Is the
sequence of links in the map accurate?

Developing a well-constructed
conceptual map requires repeated tries, but persistence pays off. You

Example of Conceptual model:

Figure 7-13
Conceptual model of the effects of heart failure on quality of life whereby
symptoms depend on pathology and mediate the effects on quality of life.

(From Rector, T. S.,
Anand, I. S., & Cohn, J. H. (2006). Relationships between
clinical assessments and patients’ perceptions of the effects of heart failure
on their quality of life. Journal of Cardiac Failure, 12(2), 88.