Questions
On May 31, 2016, Sandals report purchased a truck at a cost of $160,000. before placing...

On May 31, 2016, Sandals report purchased a truck at a cost of $160,000. before placing the truck into service, The company spend $2,500 painting it, $500 replacing tires, and $5,000 overhauling the engine. The truck should remain in service for 5 years and have a residual value of $7,500. The truck’s annual mileage is expected to be 15,000 in each of the first two years and 10,000 miles in the next three years. In deciding which depreciation method to use, the general manager request depreciation schedule for each of the depreciation methods (straight line, unit-of production, and double – declining-balance). work out each depreciation in the depreciation schedule. pass all transaction in the journal entry. journal entry must be included. show working out for each depreciation.

work out the unit of production depreciation in the depreciation schedule. should work out based off the following information listed below

Miles                                       60,000

Cost                                         165,000                                  

Residual value                        7,500                                      

Depreciable amount                $165,000 - $7,500 = $157,500

Depreciation per unit             157,500 / 60,000 = 2.63

In: Accounting

*****Show step-by-step in Excel****** An automobile rental company wants to predict the yearly maintenance expense (Y)...

*****Show step-by-step in Excel******

An automobile rental company wants to predict the yearly maintenance expense (Y) for an automobile using the number of miles driven during the year ( X1 ) and the age of the car ( X2 , in years) at the beginning of the year. The company has gathered the data on 10 automobiles and the regression information from Excel is presented below. Use this information to answer the following questions.

Summary measures Multiple R 0.9689 R-Square 0.9387 Adj R-Squared 0.9212 StErr of Estimate 72.218

Regression Coefficient
Coefficient std err t-value p-value
constant 33.796 48.181 0.7014 0.5057
Miles Driven 0.0549 0.0191 2.8666 0.0241
Age of Car 21.467 20.573 1.0434 0.3314

a. Use the information above to write out the estimated linear regression model.

b. Interpret each of the estimated coefficients of the regression model in part (a).

c. Identify and interpret the coefficient of determination ( R2 ) and the adjusted R2 .

d. Does the given set of explanatory variables do a good job of explaining changes in the maintenance costs? Explain why or why not.

In: Math

For this exercise, round all regression parameters to three decimal places. Characteristics of traffic flow include...

For this exercise, round all regression parameters to three decimal places.

Characteristics of traffic flow include density D, which is the number of cars per mile, and average speed s in miles per hour. Traffic system engineers have investigated several methods for relating density to average speed. One study† considered traffic flow in the north tube of the Lincoln Tunnel and fitted an exponential function to observed data. Those data are partially presented in the table below.

Speed s Density D
32 34
25 53
20 74
17 88
13 102

(a) Make an approximate exponential model of D as a function of s.
D(s) =



(b) Express using functional notation the density of traffic flow when the average speed is 24 miles per hour.
D



Calculate that density. (Round your answer to the nearest whole number.)
cars/mi

(c) If average speed increases by 1 mile per hour, what can be said about density? (Round your answer to one decimal places.)

The density D decreases by  %.

In: Operations Management

Consider the following hypothetical natural experiment. The United States imposes a 25% tariff on imported automobiles...

Consider the following hypothetical natural experiment. The United States imposes a 25% tariff on imported automobiles (cars) in 2020 but does not do so on imported trucks. Canada does not impose such a tariff. In 2020 vehicles (cars+light trucks) in the U. S. (noncommercial) averaged 30 mpg while vehicles in Canada averaged 35 mpg. In 2025 vehicles in the US averaged 35 mpg while vehicles in Canada averaged 45 miles per gallon. Assume (this is a hypothetical natural experiment) that there are no differences between drivers and economic conditions in Canada and the U.S. In an actual analysis of such a situation any observable differences would be addressed using some matching algorithm. a. Using the difference in difference estimator calculate the yearly impact of the tariff on fuel efficiency for all vehicles. b. Assuming that there were 10 million vehicle (car and light truck) sales in the U.S. in 2025 and that each vehicle drives on average 10,000 miles per year, how much more gasoline would be consumed by U. S. drivers in 2025 due to the tariff?

In: Math

1. The following table shows the data for Canada’s aggregate production function with constant return to...

1. The following table shows the data for Canada’s aggregate production function with constant return to scale and the output elasticity with respect to capital equal to 0.3.

Year

GDP (billions of 2002 dollars)

Capital Stock (billions of 2002 dollars)

Employment

(millions)

1961

264.5

525.6

6.06

1971

437.7

824.7

8.08

1981

647.3

1277.4

11.31

1991

808.1

1715.1

12.86

2001

1120.1

2071.1

14.94

2010

1325

2668.7

17.04

a). Find the values of total factor productivity for the given years above.

I only used the Capital output elasticity(0.3) mentioned in the question here even though in my notes it mentions it being 0.7 in Canada

Y= (A)(K^αK*)(N^αN)

A= TFP, Y= GDP, K= Capital, N=Labor αK=Capital output elasticity, αN=Labor output elasticity

A= Y/(K^αK)(N^αN) THEREFORE

TFP(1961)= (264.5)/((525.6)^0.3(6.06)) = 6.65

TFP(1971)= (437.7)/((824.7)^0.3(8.08)) = 7.23

TFP(1981)= (647.3)/((1277.4)^0.3(11.31)) = 6.69

TFP(1991)= (808.1)/((1715.1)^0.3(12.86)) = 6.73

TFP(2001)= (1120.1)/((2071.1)^0.3(14.94)) = 7.59

TFP(2010)= (1325)/((2668.7)^0.3(17.04)) = 7.29

Just want to verify my numbers are correct here before moving forward?

b). Complete the following table by calculating the average annual growth rates (%) for GDP, capital stock, employment, and total factor productivity. While it is not necessary to show all your calculations, show the formulae you use, and also explain and illustrate how you obtain your answers.

Year

GDP

Capital Stock

Employment

TFP

1961-1971

1971-1981

1981-1991

1991-2001

2001-2010

In: Economics

(Show all work for credit) A population is in Hardy-Weinberg equilibrium with two alleles, B and...

(Show all work for credit) A population is in Hardy-Weinberg equilibrium with two alleles, B and B at a frequency 0.8 (B) and 0.2 (b). Allele B results in blue colored flowers and is dominant to the allele b which results in white flowers.

I. Find the percentages for each genotype for the following generation

II. Calculate the percentage of each phenotype

III. Calculate the allele frequency in the new generation

In: Biology

Suppose in one economy, if people have no disposable income, they still spend 5 million dollars....

Suppose in one economy, if people have no disposable income, they still spend 5 million dollars. For every dollar they earn, these people save 0.2 dollars and spend 0.8 dollars. The investment level is 2 million dollars, and government spending is 1 million dollars. The government takes 1 million dollar tax. There is no import or export. What is the output in the goods market equilibrium for this economy? Show your computation

In: Economics

Lucy always uses an alpha level of 0.01 (two-tailed). Charlie always uses an alpha level of...

  1. Lucy always uses an alpha level of 0.01 (two-tailed). Charlie always uses an alpha level of 0.05 (two-tailed). Which researcher is more likely to make a Type I Error. Lucy or charlie?

  2. A researcher is interested in whether blood pressure decreases among adults who eat dark chocolate. The mean systolic blood pressure of the population is 135 with a standard deviation of 15. She tests a sample of 100 adults who eat dark chocolate and finds their mean systolic blood pressure to be 120. What is the null hypothesis?

    μ = 135

    μ ≠ 135

    μ  > 135

    μ ≥ 135

  3. According to Cohen's d conventions, which of the following would be considered to be a medium effect size?

    -0.55

    0.81

    -0.98

    0.17

  4. With α = 0.05, what is the critical t value for a one-tailed test with n = 15?

    t = 1.761

    t = 1.753

    t = 2.145

    t = 2.131

  5. What z-score values form the boundaries for the middle 68% of a normal distribution?

    z = +0.2 and z = - 0.2

    z = +0.4 and z = - 0.4

    z = +0.8 and z = - 0.8

    z = +1.0 and z = - 1.0

In: Statistics and Probability

1. A disk drive manufacturer sells storage devices with capacities of one terabyte, 500 gigabytes, and...

1. A disk drive manufacturer sells storage devices with capacities of one terabyte, 500 gigabytes, and 100 gigabytes with probabilities 0.5, 0.3, and 0.2, respectively. The revenues associated with the sales in that year are estimated to be $50 million, $25 million, and $10 million, respectively.

Let X denote the estimated revenue of storage devices during that year. Determine the probability mass function of X, E(X), and Var(X).

In: Statistics and Probability

Consider the Cobb-Douglas production function ?=??^??^??^? where ?, ?, ?, ? are positive constants and ?+?+?<1....

Consider the Cobb-Douglas production function ?=??^??^??^? where ?, ?, ?, ? are positive constants and ?+?+?<1. Let ? be the amount of labor, ? the amount of capital, and ? be the amount of other materials used. Let the profit function be defined by ?=?−(??+??+??) where the costs of labor, capital, and other materials are, respectively, ?, ?, and ?.

Determine whether second order conditions for profit maximization hold, when the profit function is defined by ?=?−(30?+20?+10?) with ?=5?^0.3?^0.4?^0.2.

In: Economics