Questions
Year Population in Millions GDP in Trillions of US$ 2014 318.86 16.29 2011 311.72 15.19 2010...

Year Population in Millions GDP in Trillions of US$
2014 318.86 16.29
2011 311.72 15.19
2010 309.35 14.94
2009 306.77 14.54
2008 304.09 14.58
2006 298.38 14.72
2004 292.81 13.95
2003 290.11 13.53
2002 287.63 12.96
2001 284.97 12.71
2000
1999 279.04 12.32
1998 275.85 11.77
1990 249.62 8.91
1989 246.82 8.85
1987 242.29 8.29
1986 240.13 7.94
1985 237.92 7.71
1984 235.82 7.4
1982 231.66 6.49
1981 229.47 6.59
1980 6.5
1979 225.06 6.5
1977 220.24 6.02
1976 218.04 5.73
1975 215.97 5.49
1973 211.91 5.46
1972 209.9 5.25
1964 191.89 3.78
1963 189.24 3.6
1962 186.54 3.42
1961 183.69 3.28
1959 177.83 3.06
1958 174.88 2.92
1957 171.98 2.85
1956 168.9 2.84
1954 163.03 2.61
1953 160.18 2.54
1952 157.55 2.53
1951 154.88 2.4
1950 152.27 2.27
1949 149.19 2
1948 146.63 2.04
1947 144.13 1.96

Answer the following question using R:

(a) Use linear regression to estimate the GDP of the missing years 1955 and 1960. Use the Population estimate for the missing years found using M1.

(b) Create a new data frame showing Population and GDP from 1947 to 1964 including the values for 1955 and 1960 predicted by regression models M1 and M2.

(c) Use this data frame (b) to plot the GDP and Population in a scatter plot for the years 1947 -1964, clearly marking the missing years in the original data

In: Economics

The following table provides the project annual budget, total number of projects, and total number of...

The following table provides the project annual budget, total number of projects, and total number of people working on the projects for City of Killingcovid annually:

Year

Annual Budget

(in millions)

Number of Projects

Number of People Working on the Projects

1997

9.93

2

6

1998

7.34

8

47

1999

6.82

4

134

2000

7

2

291

2001

7.31

7

279

2002

7.86

6

82

2003

8.44

4

65

2004

7.61

5

34

2005

7.8

1

14

2006

8.6

4

249

2007

8.25

2

174

2008

8.7

3

346

2009

10.89

2

3

2010

10.53

1

8

2011

11.77

2

13

2012

11.44

4

24

2013

10.95

6

534

2014

11.12

2

6

2015

10.73

2

28

2016

11.39

1

18

2017

11.3

3

25

2018

11.27

2

54

For A to F, use the data between Yr 2006 and Yr 2015 to calculate the following:

A. The mean of the Number of People Working on the Project.
B. The median of the Budget.
C. The range of Budget.
D. The variance (3 significant figures) of Number of Projects.
E. The standard deviation (nearest integer) of Number of People Working on the Project.
F. The 20% trimmed mean of Number of Projects.

G. Draw a dot plot comparing the Number of People Working on the Project from Yr 1997 to Yr 2006 and those from Yr 2009 to Yr 2018.

H. Using the data for Annual Budget from Yr 2001 to Yr 2017, draw a double stem leaf plot, then calculate the relative frequency.

In: Economics

Preparation of accounts and Cash flow statement. The following is a listing of the accounts of...

Preparation of accounts and Cash flow statement.

The following is a listing of the accounts of Sally’s Struthers Co. at December 31, 2002.

Cash                   $20,000
Accounts Receivable 30,000
Inventory (8 Struthers @ $5,000 each) 40,000
Prepaid Insurance 1,000
Vehicles           100,000
Accumulated Depreciation-Vehicles              36,000
Equipment           300,000
Accumulated Depreciation-Equipment        150,000
Security Deposits                                              3,000
Accounts Payable 12,000
Taxes Payable 10,000
Wages Payable    5,000
Rent Payable                                                     2,000
Common Stock (5,000 shares)               50,000
Retained Earnings           229,000

During 2003 the following transactions occurred:
Jan 1,    Paid all accounts payable for merchandise.
Jan 1,    Received all accounts receivable.
Jan 1,    Borrowed $120,000 from bank. Note is repayable $20,000 per year plus interest. The first payment is due on Dec 31, 2003. The interest rate is 10%.
Feb 1,    Bought 10 more Struthers at $6,000 each, 40% down and the rest payable in one year.
Mar 1,    Paid 2002 taxes payable.
Apr 1,    Paid $4,000 for utilities.
May 1,   Issued 2,000 shares of common stock for $20,000.
            June 1,   Sold 6 Struthers for $20,000 each. Customers pay 70% down and the rest payable in one year.
July 1,    Purchased 4 Struthers at $7,000 each - same terms.
Aug 1,   Paid dividend of $2.00 per share.
Sept 1,   Sold 5 Struthers for $22,000 each - same terms.
Nov 1,    Purchased two year insurance policy for $3,000.
Dec 1,    Exchanged 5,000 shares of common stock for a piece of land worth $50,000.
Dec 20, Received $20,000 from accounts receivable.
Dec 31, Paid first payment on Note Payable-Bank.

During the year the company paid wages of $ 40,000 in cash. At the end of the year they owed
wages of $2,000.
During the year they paid 14 months rent at $2,000 per month.

Tax rate is 30%.   2003 taxes are to be paid in 2004.
The vehicles were all purchased on the same date and have a total salvage value of $10,000 and are expected to have a useful life of 5 years.
All equipment is expected to last 20 years and have no salvage value.
The company uses FIFO when accounting for inventory.
At December 31, 2003 the stock was selling for $50 per share.

Required:
a) Prepare Cash flow statement
b) Journalize the transactions using

In: Accounting

When WorldCom Inc.’s former chief executive Bernard Ebbers was found guilty of participating In one of...

When WorldCom Inc.’s former chief executive Bernard Ebbers was found guilty of participating

In one of the largest U.S. accounting frauds ever, the ruling sent a message to corporate

Executives: Professing ignorance won’t necessarily save you.

Mr. Ebbers, who died Feb. 2 at age 78, was a former gym teacher who rose to head a

Telecommunications Company with a peak market value of about $180 billion. In the late 1990s

And early 2000s, WorldCom improperly boosted profit by booking operating expenses as capital

Spending, which can be deducted from earnings in small chunks over time.

During a trial in 2005, he pleaded not guilty to accounting fraud and said he didn’t know about

The misdeeds. The jury didn’t buy it. His 25-year prison sentence “put an exclamation point behind the old phrase ‘the buck stops here,’ ” said Patrick McGurn, special counsel at proxy advisor Institutional Shareholder Services. The dot-com bust and accounting scandals at WorldCom and Enron Corp. helped spur Congress to enact the Sarbanes-Oxley Act of 2002, whose provisions include requiring a public company’s chief executive and chief financial officer to certify that financial statements are accurate. The scandals also hastened a trend toward more independent corporate directors willing to challenge CEOs. Charles Elson, who heads a corporate-governance center at the University of Delaware, has this epitaph for the WorldCom fiasco: “As bad as it was, some good came out of it.” The regulatory changes didn’t mean corporate scandals would automatically land CEOs in prison. The aftermath of the 2008 financial crisis was notable for a lack of CEO scalps. Corporate leaders, wary of prison, may have become more cautious and less likely to leave paper or email trails, said Peter Henning, a law professor at Wayne State University, in Detroit. Mr. Ebbers, who built WorldCom through dozens of takeovers, was released from prison 13 years into his sentence in December because of deteriorating health. He followed an unconventional route to the CEO suite. The second of five children, Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, in Canada. His father worked as a traveling salesman and mechanic. The family moved to California in the late 1940s. Mr. Ebbers attended a boarding school on a Navajo reservation in New Mexico. As a young man he held odd jobs as a milk delivery man and a nightclub bouncer. Twice he gave up on college because of poor grades. He graduated from Mississippi College, where he played basketball, with a degree in education in 1967. Early in his career, Mr. Ebbers taught physical education and worked in a garment factory. He later began buying motels, starting with one in Columbia, Miss., where he lived in a two bedroom trailer in the parking lot. When AT&T’s “Ma Bell” system was broken up in the early 1980s, small rivals began reselling long-distance service. Mr. Ebbers and a handful of investors backed a company called Long Distance Discount Service, later renamed WorldCom. Dubbed the “Telecom Cowboy,” he earned a reputation as a hard-driving boss. He began to borrow money from the company in the late 1990s and used some of it to buy company stock. As the company expanded, Mr. Ebbers said he relied heavily on experts. “I’m not an engineer by training; I’m not an accountant by training,” he told the New York Times in 1998. “I’m the coach. I’m not the point guard who shoots the ball.” WorldCom began to show signs of stress in 2000 as its share price sank amid the dot-com meltdown. Mr. Ebbers was fired as CEO in April 2002. Soon afterward, an internal auditor spotted accounting irregularities. After his ouster, Mr. Ebbers appeared at his Mississippi church. At the end of the service, he walked to the front of the church and spoke to the congregation: “I just want you to know you aren’t going to church with a crook.” WorldCom’s former chief financial officer, Scott Sullivan, who engineered the fraud and worked closely with Mr. Ebbers, was sentenced to five years in prison after cooperating with prosecutors. He testified that Mr. Ebbers knew of the accounting methods used. Mr. Ebbers insisted he was blind-sided by the fraud. “I know what I don’t know,” he testified in a federal court. “I don’t, to this day, know technology. I don’t know finance and accounting.” As a judge delivered the sentence in 2005, Mr. Ebbers hung his head and cried while hugging his wife, Kristie Ebbers, who filed for divorce in 2008. He drove himself to prison in a Mercedes the following year and spent part of his sentence as inmate No. 56022-054 in a low-security prison in Louisiana. He was later transferred to FMC Fort Worth, a federal prison hospital in Texas. Paul Watson, a Mississippi resident and former WorldCom investor, lost $135,000 when the company collapsed, and supports a relative who lost $2.2 million. Still, he said, he feels little anger toward Mr. Ebbers and thinks “others have done far worse and been punished less.”

  1. Why do you think, Charles Elson, from University of Delaware, said: “As bad as it was, some good came out of it.”?
  2. Do you believe Mr. Ebbers was at fault of what happened with Worldcom despite he claimed in court that”…. I don’t know finance and accounting.” Why?
  3. Why was Bernie Ebbers called the Telecom Cowboy?
  4. Did the agency problem take a role in the Worldcom fiasco? Explain why yes or no? (note: there is not a clear answer here, so whatever you answer will be ok as long as you can explain it)

In: Finance

elaborate Acquisitions implemented by KNM GROUP in 2004 (800 words) Use view of Corporate strategy analysis....

elaborate Acquisitions implemented by KNM GROUP in 2004 (800 words)

Use view of Corporate strategy analysis.

Please answer with directly, (don't write something no related)

i will rate the answer

In: Operations Management

Domino’s Pizza abandoned its current expansion into several European markets. The chain announced it would suspend...

Domino’s Pizza abandoned its current expansion into several European markets. The chain announced it would suspend its plan to add new stores and sell approximately 100 existing stores in Switzerland, Sweden, Iceland and Norway. The decision came after stores in these four countries failed to make a profit for several years.

Investors applauded the decision and pushed UK division of Domino’s Pizza’s stock price up by more than 5% after the announcement. The chain indicated it would focus future efforts on the UK and Ireland and rebuild relationships with franchisees. These relationships were damaged over time as Domino’s Pizza failed to respond to issues of rising food costs and higher wages.

The UK and Irish outlets were very profitable for years but have been hurt by competition from online delivery such as Uber Eats and Deliveroo. Domino’s is no longer “the only game in town” and the chain needs to help franchisees compete in the new market. The firm failed to invest enough in IT infrastructure to help them compete with these new sources. Franchise owners registered their displeasure by refusing to participate in proposed marketing campaigns until the issues are addressed.

Thinking Critically Questions:

  1. Why is the decision to pull out of these four nations a capital budgeting decision?
  2. What other capital budgeting issues does Domino’s management need to address?
  3. How did Uber Eats affect cash flows?

In: Finance

You are given the following information. The current dollar-pound exchange rate is $2 per pound. A...

You are given the following information. The current dollar-pound exchange rate is $2 per pound. A representative basket of goods and services costs $100 in the US and $120 (dollars, not pounds) in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2%, and the Bank of England is predicted to keep U.K. inflation at 3%. The speed of convergence to absolute PPP is 20% per year. That is, if the real exchange rate today is 1.4 and the speed of convergence to absolute PPP is 15% per year, the real exchange rate in one year will be 1.4-0.30*0.4=1.28).

  1. What is the expected U.S. minus U.K. inflation differential for the coming year?

  2. What is the current U.S. real exchange rate qUS/UK with the United Kingdom? (recall that qUS/UK is defined as the ratio of prices in the UK to the US, both expressed in a common currency).

  3. By what percentage is the dollar overvalued or undervalued relative to its absolute PPP level

  4. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year’s time?

  5. What is the expected rate of real depreciation for the United States (versus the United Kingdom)?

  6. What is the expected rate of nominal depreciation for the United States (versus the United Kingdom)?

  7. What do you predict will be the dollar price of one pound a year from now?

In: Economics

You are given the following information. The current dollar-pound exchange rate is $2 per pound. A...

You are given the following information. The current dollar-pound exchange rate is $2 per pound. A representative basket of goods and services costs $100 in the US and $120 (dollars, not pounds) in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2%, and the Bank of England is predicted to keep U.K. inflation at 3%. The speed of convergence to absolute PPP is 20% per year. That is, if the real exchange rate today is 1.4 and the speed of convergence to absolute PPP is 15% per year, the real exchange rate in one year will be 1.4-0.30*0.4=1.28).

1. What is the expected U.S. minus U.K. inflation differential for the coming year?

2. What is the current U.S. real exchange rate qUS/UK with the United Kingdom? (recall that qUS/UK is defined as the ratio of prices in the UK to the US, both expressed in a common currency).

3. By what percentage is the dollar overvalued or undervalued relative to its absolute PPP level

4. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year’s time?

5. What is the expected rate of real depreciation for the United States (versus the United Kingdom)?

6. What is the expected rate of nominal depreciation for the United States (versus the United Kingdom)?

7. What do you predict will be the dollar price of one pound a year from now?

In: Economics

According to a report by the Commerce Department in the fall of 2004, 20% of U.S....

According to a report by the Commerce Department in the fall of 2004, 20% of U.S. households had some type of high-speed Internet connection. Let Nn denote the number of U.S. households with a high-speed Internet connection in n households. What is the probability that 20 of the first 200 households surveyed have high-speed Internet given that 5 of the first 75 households surveyed have it?

In: Statistics and Probability

1) Write an algorithm (i.e. the series of steps) to find the solution to a second...

1) Write an algorithm (i.e. the series of steps) to find the solution to a second order non-homogenous ODE (with boundary conditions) using the method of undetermined coefficients. (Note: this algorithm should include at least 1 control structure).
2) Write an if statement in MATLAB that converts an overall final percentage mark grade (1-7).

In: Computer Science