HP.com is an American multinational information technology company. In this assignment, you are going to complete the entire accounting cycle for the last month of the physical year ending May 31, 2015:The company uses the following accounts:Cash Capital StockAccounts ReceivableInventory Retained EarningsPrepaid Rent DividendsUnexpired Insurance Income SummaryOffice Supplies SalesRental Equipment Salaries ExpenseAccumulated Depreciation: Computer Equipment Repair ExpenseCable ExpenseNotes Payable Utilities ExpenseAccounts Payable Rent ExpenseInterest Payable Office Supplies ExpenseSalaries Payable Depreciation ExpenseDividends Payable Interest ExpenseUnearned SalesThe company performs adjusting entries monthly. Closing entries are performed annually on May 31.During May, the corporation entered into the following transactions:May 1: Issued 40,000 shares of capital stock in exchange for a total of $400,000 cash.May 1: Purchased a piece of equipment to be used in the operations of the business for $300,000 that will assist with a more efficient production. Paid $100,000 cash and issued a two-year note payable for $200,000. The note plus all 24 months of accrued interest are due April 30, 2017. The interest rate on the note is 5%.May 1: Paid $15,000 to SSR as three months’ advance rent on the warehouse used in daily manufacturing.May 4: Paid salaries in May totaling $27,000. (Ignore payroll taxes.)May 8: Purchased office supplies (e.g., copy paper, ink toner, pens, etc.) on account from Office Depot, $4,200. Payment due in 30 days.May 15: Excluding the Wilmington General advance, fees earned during the first 15 days of May amounted to $95,100, of which $47,000 was received in cash. The remaining amount will be customer purchases on account.May 18: Purchased on account from Parts Plus, Inc., $1,700 in parts needed to repair a server for a local law firm. (Debit an expense account.) Payment is due in 10 days.May 23: Collected $22,000 of the accounts receivable recorded on May 15.May 26: Paid salaries in May totaling $27,000. (Ignore payroll taxes.)May 27: Paid the account payable to Parts Plus., $1,700.May 28: Declared a dividend of 10 cents per share, payable on June 15, 2015.May 29: Paid the May utilities in the amount of $985.May 31: Purchased a 24-month warranty insurance policy for $24,000. This policy protects the company against liability for defects and warranties for the computer equipment that is sold and leased. The policy goes into effect on June 1, 2015.May 31: Paid monthly cable bill of 684 to Suddenlink.May 31: Collected Sales earned during the second half of May, which amounted to $120,700 and of which $86,300 was received in cash. The remaining amount is customer purchases on account.Data for Adjusting EntriesThe advance payment of rent on May 1 covered a period of three months.The annual interest rate on the note payable is 5 percent.The machine purchased May 1, 2015 is being depreciated by the straight-line method over a period of five years.Office supplies on hand at May 31 are estimated at $440.Employee salaries earned by employees since the last payroll date (May 26) amounted to $9,642 at the month end.InstructionsComplete the following for this assignment:Journalize the May transactions.Prepare an unadjusted trial balance.Prepare the necessary adjusting entries for May.Prepare an adjusted trial balance.Prepare a balance sheet, an income statement, and a statement of retained earnings for the year ended May 31, 2015.Prepare closing entries.Prepare a post-closing trial balance. The post-closing trial balance should reveal only permanent accounts that remain open for the next accounting period.Prepare 3 profitability ratios, 3 liquidity ratios, and 2 solvency ratios (be sure to show your calculations).After completing the accounting cycle and financial analysis, summarize the results in a double-spaced paper of 1-2 pages. The paper should be properly developed and formatted according to APA formatting guidelines.Please submit your assignment. 1-2 pages; journal entries, trial balances, financial statements, and ratio calculations. NO plagiarism.

Purpose  This assignment is intended to give you an opportunity to strengthen your skills in gathering and analyzing business-related information. It provides a deeper understanding of how companies can look at globalization as part of their strategic and operational plans. The assignment has two parts: one focused on information research and analysis, and the other is on applied analytics. Resources: Microsoft Excel® "How Netflix Expanded to 190 Countries in 7 Years" from Harvard Business ReviewCall Center Waiting TimePart 1: Globalization and Information Research Context: Companies that perform well in their country of origin usually consider expanding operations in new international markets. Deciding where, how, and when to expand is not an easy task, though. Many issues need to be considered before crafting an expansion strategy and investing significant resources to this end, including: the level of demand to be expected for the company’s products/services presence of local competitors the regulatory, economic, demographic, and political environments Carefully researching and analyzing these and other factors can help mitigate the inherent risk associated with an overseas expansion strategy, thus increasing the likelihood of success. As a data analyst in your company’s business development department, you’ve been tasked with the responsibility of recommending countries for international expansion. You’ll write a report to the company’s executive team with your research, analysis, and recommendations. Instructions: Write a 525-word summary covering the following items: According to the article listed above, what were the most important strategic moves that propelled Netflix’s successful international expansion? The article mentions investments in big data and analytics as one of the elements accompanying the second phase of overseas expansion. Why was this investment important? What type of information did Netflix derive from the data collected? According to the article, what is exponential globalization? Not all international expansion strategies are a resounding success, however. Research an article or video that discusses an instance in which an American company’s expansion efforts in another country failed. According to the article/video you selected, what were the main reasons for this failure? Do you agree with this assessment? Explain some of the reasons why certain companies’ expansion plans have failed in the past. Part 2: Hypothesis testing Context: Your organization is evaluating the quality of its call center operations. One of the most important metrics in a call center is Time in Queue (TiQ), which is the time a customer has to wait before he/she is serviced by a Customer Service Representative (CSR). If a customer has to wait for too long, he/she is more likely to get discouraged and hang up. Furthermore, customers who have to wait too long in the queue typically report a negative overall experience with the call. You’ve conducted an exhaustive literature review and found that the average TiQ in your industry is 2.5 minutes (150 seconds). Another important metric is Service Time (ST), also known as Handle Time, which is the time a CSR spends servicing the customer. CSR’s with more experience and deeper knowledge tend to resolve customer calls faster. Companies can improve average ST by providing more training to their CSR’s or even by channeling calls according to area of expertise. Last month your company had an average ST of approximately 3.5 minutes (210 seconds). In an effort to improve this metric, the company has implemented a new protocol that channels calls to CSR’s based on area of expertise. The new protocol (PE) is being tested side-by-side with the traditional (PT) protocol. Instructions: Access the Call Center Waiting Time file. Each row in the database corresponds to a different call. The column variables are as follows: ProtocolType: indicates protocol type, either PT or PEQueueTime: Time in Queue, in secondsServiceTime: Service Time, in secondsPerform a experiment of hypothesis to determine whether the average TiQ is lower than the industry standard of 2.5 minutes (150 seconds). Use a significance level of α=0.05. Evaluate if the company should allocate more resources to improve its average TiQ. Perform a experiment of hypothesis to determine whether the average ST with service protocol PE is lower than with the PT protocol. Use a significance level of α=0.05. Assess if the new protocol served its purpose. (Hint: this should be a experiment of means for 2 independent groups.) Submit your calculations and a 175-word summary of your conclusions.