Question
In: Statistics and Probability
Shown here are Caterpillar's annual global sales and revenue streams for the years 2004 through 2014....
Shown here are Caterpillar's annual global sales and revenue streams for the years 2004 through 2014. By observing the data graphically and analyzing the data statistically using techniques and concepts from this chapter (forecasting trend line, etc.), share your insights and conclusions about Caterpillar's annual global sales and revenue streams over this period of time.
| YEAR | SALES AND REVENUE STREAMS ($ BILLIONS) |
| 2004 | 30.31 |
| 2005 | 36.34 |
| 2006 | 41.52 |
| 2007 | 44.96 |
| 2008 | 51.32 |
| 2009 | 32.40 |
| 2010 | 42.59 |
| 2011 | 60.14 |
| 2012 | 65.88 |
| 2013 | 55.66 |
| 2014 | 55.18 |
Solutions
Expert Solution
ANSWER::
The best way to project the data in the form of graphically and analyzing data statistically is time series trend model
Forecast vs Actual:
Forecast is the average sales and revenue from year 2004 to 2014. Actuals are the real sales numbers and comparison of forecast and actuals and differences are projected in the first graph.
Second graph is used to predict the sales for the future year. The graph is showing the least square regression equation on the chart. which will help to predict the numbers
Formula reference:
NOTE:: I HOPE YOUR HAPPY WITH MY ANSWER....***PLEASE SUPPORT ME WITH YOUR RATING...
***PLEASE GIVE ME "LIKE"...ITS VERY IMPORTANT FOR ME NOW....PLEASE SUPPORT ME ....THANK YOU
orchestra answered 2 years agoRelated Solutions
For the cash flows shown, determine the equivalent uniform annual worth in years 1 through 5...
For the cash flows shown, determine the equivalent uniform
annual worth in years 1 through 5 at an interest rate of 18% per
year, compounded monthly.
Year
1
2
3
4
5
Cash Flow, $
0
0
350,000
350,000
350,000
The equivalent uniform annual worth in years 1 through 5 at an
interest rate of 18% per year, compounded monthly is $
The year-end net income (in millions) for a company for the years 2004-2015 are shown in...
The year-end net income (in millions) for a company for the
years 2004-2015 are shown in the provided data set
(incomedata.xlsx). Graph the best chart which effectively displays
the income data over time.
Income Data:
Year
Net income
2004
25.2
2005
32.8
2006
31.5
2007
31.3
2008
34.8
2009
37.1
2010
62.1
2011
101.6
2012
75.5
2013
83.3
2014
117.4
2015
152.6
Shown here is an income statement in the traditional format for a firm with a sales...
Shown here is an income statement in the traditional format for
a firm with a sales volume of 7,500 units. Cost formulas also are
shown:
Revenues
$
34,100
Cost of goods sold ($5,600 + $2.15/unit)
21,725
Gross profit
$
12,375
Operating expenses:
Selling ($1,170 + $0.10/unit)
1,920
Administration ($3,650 + $0.20/unit)
5,150
Operating income
$
5,305
Required:
a. Prepare an income statement in the
contribution margin format.
Contribution Margin Income Statement
Revenue
$34,100
Variable expenses:
Cost of goods sold
$16,125...
Shown here is an income statement in the traditional format for a firm with a sales...
Shown here is an income statement in the traditional format for
a firm with a sales volume of 7,600 units. Cost formulas also are
shown:
Revenues
$
34,600
Cost of goods sold ($5,700 +
$2.10/unit)
21,660
Gross profit
$
12,940
Operating expenses:
Selling ($1,190 +
$0.09/unit)
1,874
Administration ($3,550 +
$0.15/unit)
4,690
Operating income
$
6,376
Required:
a. Prepare an income statement in the
contribution margin format.
b. Calculate the contribution margin per unit
and the contribution margin ratio. (Do...
Shown here is an income statement in the traditional format for a firm with a sales...
Shown here is an income statement in the traditional format for
a firm with a sales volume of 7,900 units. Cost formulas also are
shown: Revenues $ 34,200 Cost of goods sold ($5,700 + $2.20/unit)
23,080 Gross profit $ 11,120 Operating expenses: Selling ($1,180 +
$0.09/unit) 1,891 Administration ($3,550 + $0.20/unit) 5,130
Operating income $ 4,099 Required:
a. Prepare an income statement in the contribution margin
format.
b. Calculate the contribution margin per unit and the
contribution margin ratio. (Do...
Shown here is an income statement in the traditional format for a firm with a sales...
Shown here is an income statement in the traditional format for
a firm with a sales volume of 7,600 units. Cost formulas also are
shown:
Revenues
$
34,100
Cost of goods
sold ($5,900 + $2.20/unit)
22,620
Gross
profit
$
11,480
Operating
expenses:
Selling ($1,170
+ $0.11/unit)
2,006
Administration
($3,800 + $0.20/unit)
5,320
Operating
income
$
4,154
a. Prepare an income statement in the
contribution margin format.
Contribution Margin Income
Statement
Variable expenses:
Total variable expenses
Fixed expenses:
Total fixed expenses...
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014....
The following table shows a company's annual revenue (in
billions of dollars) for 2009 to 2014.
Year
Period (t)
Revenue ($ billions)
2009
1
23.6
2010
2
29.2
2011
3
37.8
2012
4
50.3
2013
5
59.8
2014
6
66.6
a)
What type of pattern exists in the data?
The time series plot shows an upward curvilinear trend.
The time series plot shows a downward curvilinear trend.
The time series plot shows a downward linear trend.
The time series...
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014....
The following table shows a company's annual revenue (in
billions of dollars) for 2009 to 2014.
Year
Period
(t)
Revenue ($
billions)
2009
1
23.8
2010
2
29.4
2011
3
37.8
2012
4
50.3
2013
5
59.7
2014
6
66.6
(a) Construct a time series plot.
A time series plot contains a series of 6 points connected by
line segments. The horizontal axis ranges from 0 to 7 and is
labeled: Period. The vertical axis ranges from 0 to 80...
The last four years of returns for a stock are as shown here: Years 1 2...
The last four years of returns for a stock are as shown
here:
Years
1
2
3
4
Return
-4.2%
+28.3%
+12.2%
+3.9%
a. What is the average annual return?
b. What is the variance of the stock's returns?
c. What is the standard deviation of the stock's returns?
Topper Company reported the following pretax financial income (loss) for the years 2014 through 2017. 2014...
Topper Company reported the following pretax financial income
(loss) for the years 2014 through 2017.
2014 $ 75,000
2015 $ 47,000
2016 $(225,000)
2017 $ 89,000
Pretax financial income (loss) and taxable income (loss) were
the same for all years involved. The enacted tax rate was 25% for
all years. Assume the governing laws allowed for a two-year
carryback and 20-year carryforward and that the carryback provision
is used.
a) Prepare the journal entries for 2015, 2016, and 2017. Show...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Suppose a company is looking to hedge a risk in the derivatives market. What, fundamentally, is...
- Training and Development assignment. Describe the usage of Computer Based Training (CBT) in McDonald's Company training...
- PUT IN JAVA PROGRAMMING LANGUAGE The Rectangle class: Design a class named Rectangle to represent a...
- Journal article summary on inter-group conflict Peer Reviewed Journal article from past 3 years. Please include...
- "Ethical Considerations" Please respond to the following: Reflect upon the responsibilities placed on auditors by the...
- A Japanese company has a bond outstanding that sells for 93 percent of its ¥100,000 par...
- What is the difference among the principles of modularization, abstraction, encapsulation, and separation of interface and...
ADVERTISEMENT