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Question : 45.              Safeco, Inc. owns a jet airplane with an original : 1370097

Economics

 

 

45.              Safeco, Inc. owns a jet airplane with an original cost of $958,500 and accumulated depreciation of $644,800. The company exchanged the airplane for 50,000 shares of stock held by another company as an investment. The stock is valued at $7 per share. The gain or loss recognized on the exchange would be:

A)$294,800 loss

B)$313,700 gain

C)$ 36,300 gain

D)no gain or loss should be recognized

 

 

46.              Manhattan Corporation owns a jet airplane with an original cost of $958,500 and accumulated depreciation of $644,800. The company exchanged the airplane for 50,000 shares of stock held by another company as an investment. The stock is valued at $5 per share. The gain or loss recognized on the exchange would be:

A)$394,800 loss

B)$ 63,700 loss

C)$313,700 gain

D)no gain or loss should be recognized

 

47.              Laguna Enterprises is trading in its old schooner for a new model. The old schooner is on the books at a cost of $535,000 with accumulated depreciation of $384,300. The new schooner has a list price of $765,000 but the manufacturer has agreed to reduce this by $125,000 in return for Laguna’s old schooner. The new schooner should be recorded on the books at a cost of:

A)$640,000

B)$739,300

C)$765,000

D)$790,700

 

 

48.When an exchange is deemed to have no economic substance, the gain is not recognized and is subtracted from which of the following to determine the cost of the new asset.

A)  The book value of the asset given

B)   The book value of the asset received

C)   The cash given

D)   The fair value of the asset received

 

 

49.              Operational investments in non-renewable assets are referred to as:

A)plant assets

B)intangible assets

C)natural resources

D)long-term investments

 

 

50.              The legal life of a patent is:

A)5 years

B)7 years

C)17 years

D)40 years

 

 

51.              The intangible asset representing the difference between the purchase price paid for a going concern and the fair market value of the purchased company’s identifiable net assets is referred to as:

A)a patent

B)goodwill

C)a franchise

D)a leasehold

 

 

52.              Offshore Oil Company owns oil reserves estimated to contain 6,500,000 barrels of oil. The oil reserves originally cost $75,000,000 with an estimated salvage value of $3,500,000. During the current period, 1,200,000 barrels of oil were extracted. The depletion rate per barrel was:

A)$11.00

B)$11.54

C)$59.58

D)$62.50

 

Use the following to answer questions 53-54:

 

Oceanside Enterprises is trading in its old fishing vessel for a new model. The old fishing vessel is on the books at a cost of $364,000 with accumulated depreciation of $314,600. The new fishing vessel has a list price of $538,000 but the manufacturer has agreed to reduce this by $75,000 in return for Oceanside’s old fishing vessel.

 

53.              The gain or loss recognized on the exchange would be:

A)$49,400 loss

B)$25,600 gain

C)$75,000 gain

D)no gain or loss should be recognized

 

54.              The new fishing vessel should be recorded on the books at a cost of:

A)$538,000

B)$512,400

C)$463,000

D)$488,600

 

 

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July 1, 2023
    

  

Artificial Intelligence

Exercise 1 : 

Which of the following are correct?

a. False |= True.

b. True |= False.

c. (A ∧ B) |= (A ⇔ B).

d. A ⇔ B |= A ∨ B.

e. A ⇔ B |= ¬A ∨ B.

f. (A ∧ B) ⇒ C |= (A ⇒ C) ∨ (B ⇒ C).

g. (C ∨ (¬A ∧ ¬B)) ≡ ((A ⇒ C) ∧ (B ⇒ C)).

h. (A ∨ B) ∧ (¬C ∨ ¬D ∨ E) |= (A ∨ B).

i. (A ∨ B) ∧ (¬C ∨ ¬D ∨ E) |= (A ∨ B) ∧ (¬D ∨ E).

j. (A ∨ B) ∧ ¬(A ⇒ B) is satisfiable.

k. (A ⇔ B) ∧ (¬A ∨ B) is satisfiable.

l. (A ⇔ B) ⇔ C has the same number of models as (A ⇔ B) for any fixed set of proposition symbols that includes A, B, C.

Exercise 2 : 

You have a number of trucks with which to deliver a set of packages. Each package starts at some location on a grid map, and has a destination somewhere else. Each truck is directly controlled by moving forward and turning. Construct a hierarchy of high-level actions for this problem. What knowledge about the solution does your hierarchy encode?

Exercise 3 : 25 Points

In your local nuclear power station, there is an alarm that senses when a temperature gauge exceeds a given threshold. The gauge measures the temperature of the core. Consider the Boolean variables A (alarm sounds), FA (alarm is faulty), and FG (gauge is faulty) and the multivalued nodes G (gauge reading) and T (actual core temperature).

a. Draw a Bayesian network for this domain, given that the gauge is more likely to fail when the core temperature gets too high.

b. Is your network a polytree? Why or why not?

c. Suppose there are just two possible actual and measured temperatures, normal and high; the probability that the gauge gives the correct temperature is x when it is working, but y when it is faulty. Give the conditional probability table associated with G.

d. Suppose the alarm works correctly unless it is faulty, in which case it never sounds. Give the conditional probability table associated with A.

e. Suppose the alarm and gauge are working and the alarm sounds. Calculate an expression for the probability that the temperature of the core is too high, in terms of the various conditional probabilities in the network.

default image
July 1, 2023
    

  

Artificial Intelligence

Exercise 1 : 

Which of the following are correct?

a. False |= True.

b. True |= False.

c. (A ∧ B) |= (A ⇔ B).

d. A ⇔ B |= A ∨ B.

e. A ⇔ B |= ¬A ∨ B.

f. (A ∧ B) ⇒ C |= (A ⇒ C) ∨ (B ⇒ C).

g. (C ∨ (¬A ∧ ¬B)) ≡ ((A ⇒ C) ∧ (B ⇒ C)).

h. (A ∨ B) ∧ (¬C ∨ ¬D ∨ E) |= (A ∨ B).

i. (A ∨ B) ∧ (¬C ∨ ¬D ∨ E) |= (A ∨ B) ∧ (¬D ∨ E).

j. (A ∨ B) ∧ ¬(A ⇒ B) is satisfiable.

k. (A ⇔ B) ∧ (¬A ∨ B) is satisfiable.

l. (A ⇔ B) ⇔ C has the same number of models as (A ⇔ B) for any fixed set of proposition symbols that includes A, B, C.

Exercise 2 : 

You have a number of trucks with which to deliver a set of packages. Each package starts at some location on a grid map, and has a destination somewhere else. Each truck is directly controlled by moving forward and turning. Construct a hierarchy of high-level actions for this problem. What knowledge about the solution does your hierarchy encode?

Exercise 3 : 25 Points

In your local nuclear power station, there is an alarm that senses when a temperature gauge exceeds a given threshold. The gauge measures the temperature of the core. Consider the Boolean variables A (alarm sounds), FA (alarm is faulty), and FG (gauge is faulty) and the multivalued nodes G (gauge reading) and T (actual core temperature).

a. Draw a Bayesian network for this domain, given that the gauge is more likely to fail when the core temperature gets too high.

b. Is your network a polytree? Why or why not?

c. Suppose there are just two possible actual and measured temperatures, normal and high; the probability that the gauge gives the correct temperature is x when it is working, but y when it is faulty. Give the conditional probability table associated with G.

d. Suppose the alarm works correctly unless it is faulty, in which case it never sounds. Give the conditional probability table associated with A.

e. Suppose the alarm and gauge are working and the alarm sounds. Calculate an expression for the probability that the temperature of the core is too high, in terms of the various conditional probabilities in the network.

default image
July 1, 2023
    

  

Artificial Intelligence

Exercise 1 : 

Which of the following are correct?

a. False |= True.

b. True |= False.

c. (A ∧ B) |= (A ⇔ B).

d. A ⇔ B |= A ∨ B.

e. A ⇔ B |= ¬A ∨ B.

f. (A ∧ B) ⇒ C |= (A ⇒ C) ∨ (B ⇒ C).

g. (C ∨ (¬A ∧ ¬B)) ≡ ((A ⇒ C) ∧ (B ⇒ C)).

h. (A ∨ B) ∧ (¬C ∨ ¬D ∨ E) |= (A ∨ B).

i. (A ∨ B) ∧ (¬C ∨ ¬D ∨ E) |= (A ∨ B) ∧ (¬D ∨ E).

j. (A ∨ B) ∧ ¬(A ⇒ B) is satisfiable.

k. (A ⇔ B) ∧ (¬A ∨ B) is satisfiable.

l. (A ⇔ B) ⇔ C has the same number of models as (A ⇔ B) for any fixed set of proposition symbols that includes A, B, C.

Exercise 2 : 

You have a number of trucks with which to deliver a set of packages. Each package starts at some location on a grid map, and has a destination somewhere else. Each truck is directly controlled by moving forward and turning. Construct a hierarchy of high-level actions for this problem. What knowledge about the solution does your hierarchy encode?

Exercise 3 : 25 Points

In your local nuclear power station, there is an alarm that senses when a temperature gauge exceeds a given threshold. The gauge measures the temperature of the core. Consider the Boolean variables A (alarm sounds), FA (alarm is faulty), and FG (gauge is faulty) and the multivalued nodes G (gauge reading) and T (actual core temperature).

a. Draw a Bayesian network for this domain, given that the gauge is more likely to fail when the core temperature gets too high.

b. Is your network a polytree? Why or why not?

c. Suppose there are just two possible actual and measured temperatures, normal and high; the probability that the gauge gives the correct temperature is x when it is working, but y when it is faulty. Give the conditional probability table associated with G.

d. Suppose the alarm works correctly unless it is faulty, in which case it never sounds. Give the conditional probability table associated with A.

e. Suppose the alarm and gauge are working and the alarm sounds. Calculate an expression for the probability that the temperature of the core is too high, in terms of the various conditional probabilities in the network.

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