E$1-1($Algo$)$ Reporting Amounts on the Four Basic Financlal Statements $[$LO $1-2]$

Requlred:

Using the following table and the equations underlying each of the four basic financial statements. show $($a$)$ that the balance sheet is in balance, $($b$)$ that net income is properly calculated, $($c$)$ what caused changes in the retained earnings account, and $($d$)$ what caused changes in the cash account. $($Cash outtlows should be Indlcated with a minus sign.$)$

$10$

points

References

Assets

Liabilities

Stockholders' Equity

Revenue

Expenses

Net Income

Dividends

Beginning Retained Earnings

Ending Retained Earnings

Cash Flows from Operating Activities

Cash Flows from Investing Activities

Cash Flows from Financing Activities

Beginning Cash

Ending Cash

$$19,300$

$14,380$

$5,000$

$11,600$

$9,750$

$1,850$

$5504,600$

$5,900$

$2,700$

$(2,100)$

$(1,458)$

$2,100$

$1,250$

a$.$

Disparate Treatment

Determining if the $\frac{4}{5^{th}}$ Rule Applies

Name:

Note: The hiring class of "Women" have filed a suit with the EEOC claiming discrimination in ACME's hiring practices. Does the $\frac{4}{5^{th}}$ rule support their claim?

Example #$1$

Class Number of Applications Number hired

Men

$100$

$47$

Women

$50$

$22$

Hiring rate of men:

Hiring rate of women:

Does ACME meet the $\frac{4}{5^{th}}$ rule and why?

Example #$2$

Class Number of Applications Number hired

Men

$420$

$350$

Women

$150$

$75$

Hiring rate of men:

Hiring rate of women:

Does ACME meet the $\frac{4}{5^{th}}$ rule and why?

Example #$3$

Class Number of Applications Number hired

$\backslash$table$[[$Men$,90,47],[$Women$,300,120]]$

Hiring rate of men:

Hiring rate of women:

Does ACME meet the $\frac{4}{5^{th}}$ rule and why?