Table 24-1
The table below pertains to Pieway, an economy in which the typical consumer’s basket consists of 10 bushels of peaches and 15 bushels of pecans.
Year | Price of | Price of |
2005 | $11 per bushel | $6 per bushel |
2006 | $9 per bushel | $10 per bushel |
Refer to Table 24-1. The cost of the basket in 2006 was
| a. | $210. | |
| b. | $240. | |
| c. | $245. | |
| d. | $200. |
Table 24-1
The table below pertains to Pieway, an economy in which the typical consumer’s basket consists of 10 bushels of peaches and 15 bushels of pecans.
Year | Price of | Price of |
2005 | $11 per bushel | $6 per bushel |
2006 | $9 per bushel | $10 per bushel |
Refer to Table 24-1. If 2005 is the base year, then the CPI for 2005 was
| a. | 120. | |
| b. | 83.3. | |
| c. | 100. | |
| d. | 200. |
Table 24-1
The table below pertains to Pieway, an economy in which the typical consumer’s basket consists of 10 bushels of peaches and 15 bushels of pecans.
Year | Price of | Price of |
2005 | $11 per bushel | $6 per bushel |
2006 | $9 per bushel | $10 per bushel |
Refer to Table 24-1. If 2005 is the base year, then the CPI for 2006 was
| a. | 120. | |
| b. | 83.3. | |
| c. | 240. | |
| d. | 100. |
Table 24-1
The table below pertains to Pieway, an economy in which the typical consumer’s basket consists of 10 bushels of peaches and 15 bushels of pecans.
Year | Price of | Price of |
2005 | $11 per bushel | $6 per bushel |
2006 | $9 per bushel | $10 per bushel |
Refer to Table 24-1. If 2006 is the base year, then the CPI for 2005 was
| a. | 120. | |
| b. | 100. | |
| c. | 83.3. | |
| d. | 200. |
In: Economics
According to the Codification, is Earnings per Share (EPS) a required disclosure with the quarterly financial statements of a publicly-traded company?
Yes or No?
In: Accounting
For the publicly traded U.S. company Apple (AAPL), explain how macroeconomic principles, models, and tools created value for the organization.
In: Economics
For the publicly traded U.S. company Apple (AAPL), explain how macroeconomic principles, models, and tools created value for the organization.
In: Economics
In a publicly traded organization, why might a company have a market value that differs from the owner's’ equity on the balance sheet?
In: Accounting
Pick a publicly traded company. Describe its competitive advantage using the resource-based model of above average returns.
In: Operations Management
Pick a publicly traded company. Describe its competitive advantage using the resource-based model of above average returns.
In: Operations Management
3. Apple’s Worldwide Revenues from 2004 to 2019 is as
follows:
Year Worldwide Revenue in Billions
2004 8.2
2005 13.9
2006 19.3
2007 24.6
2008 37.5
2009 42.9
2010 65.2
2011 108.2
2012 156.5
2013 170.9
2014 182.8
2015 233.72
2016 215.64
2017 229.23
2018 265.6
2019 260.17
a. Enter the data above into the tab labeled Apple. Graph the data
in Excel and use your graph to determine what kind of time series
pattern exist. Put your answer in your spreadsheet.
b. Make the following forecasts for 2020. For all of them, use Mean
Squared Error to determine which of the forecasts is the best. Make
sure your answers are clearly labeled.
i. Naïve forecast from one prior time period
ii. Calculate a 4-period moving average
iii. Calculate a 3-period moving average with the following weights
for time t: time period t-1=0.8, t-2 = 0.15, t-3=.05
c. In the tab called Apple Smoothing, use the data from 3. to
forecast 2020 using an alpha equal to 0.7, 0.8, and 0.9. Using MSE,
which one offers the best estimate for 2020?
d. In the tab called Apple Regression, use the information from 3.
and run a regression to determine your forecast for 2020
i. Put your regression output in F1 of the same workbook.
ii. Calculate what your forecast is for 2020 in F21.
iii. How does well does this regression equation predict revenue?
Write your answer in F22. In addition, explain what your numerical
answer means in words.
In: Statistics and Probability
Please access the balance sheet of a publicly traded company on the internet, and discuss if the company has recorded any impairment of long-term assets and how it is disclosed in the notes.
In: Accounting
CE20.4 What information about its pension plan must a publicly traded company disclose in its interim financial statements?
In: Accounting