The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 1991–2010:
YEAR DJIA YEAR 2 DJIA
2010 10,431 2000 11,502
2009 8,772 1999 9,213
2008 13,262 1998 7,908
2007 12,460 1997 6,448
2006 10,718 1996 5,117
2005 10,784 1995 3,834
2004 10,453 1994 3,754
2003 8,342 1993 3,301
2002 10,022 1992 3,169
2001 10,791 1991 2,634
• Develop a trend line and use it to predict the opening DJIA index value for years 2011, 2012, and 2013. Find the MSE for this model.
In: Statistics and Probability
In August 2005, Hurricane Katrina damaged or destroyed oil platforms in the Gulf of Mexico, refineries along the Gulf coast, and the pipeline infrastructure that transports oil and gas to customers across the eastern United States. The winter of 2006 was unusually cold in many parts of the country. How did these events affect the market for natural gas?
Describe or show the impact on Supply, Demand, Price, and Quantities of the impacted markets.
In: Economics
For the publicly traded U.S. company Apple (AAPL), explain how things such as tax rates, unemployment, and government fiscal policies have affected the company's economic decisions.
In: Economics
Part 4A:(In 200 words) Using an American publicly traded company as an example describe what the graph would look like for the Straight-line depreciation method. Explain why the graph would visually represent the Straight-line depreciation method.
Part 4B:(In 200 words) (Using an American publicly traded company as an example) Using the straight-line method for amortizing a discount or premium, provide an example of the entry to issue a bond at par and the entry for the first 6 month interest payment. For each 6 month interest payment, explain why the interest expense amount is different (or the same) from the interest payment amount
In: Accounting
For the publicly traded U.S. company Apple (AAPL), recommend strategies (based in macroeconomic principles, theories, models, and tools) the company could adopt to successfully maximize long-term profits. Include a long-term outlook for the company.
In: Economics
The issues surrounding the levels and structure of executive compensation have gained added prominence in the wake of the financial crisis that erupted in the fall of 2008. Based on the 2006 compensation data obtained from the Securities and Exchange Commission (SEC) website, it was determined that the mean and the standard error of compensation for the 418 highest paid CEOs in publicly traded U.S. companies are $8.63 million and $8.18 million, respectively. An analyst randomly chooses 38 CEO compensations for 2006. [You may find it useful to reference the z table.]
Calculate the expected value and the standard error of the sample mean. (Round "expected value" to 2 decimal places and "standard error" to 4 decimal places.)
d. What is the probability that the sample mean is more than $10 million? (Round "z" value to 2 decimal places, and final answer to 4 decimal places.)
In: Statistics and Probability
The annual revenues collected in each of the past ten years for the Orange County Solid Waste Division are provided below. If the revenue total for 2014 is $42,843,901, which revenue projection method (SMA, TMA, or regression) is the most accurate in this case? Use APE to justify your answer. Use the last three years of revenues for moving averages and all years for regression
|
Year |
Revenue |
|
2005 |
33,120,989 |
|
2006 |
36,979,392 |
|
2007 |
36,390,302 |
|
2008 |
35,678,632 |
|
2009 |
37,986,901 |
|
2010 |
39,697,702 |
|
2011 |
37,639,287 |
|
2012 |
39,479,675 |
|
2013 |
40,099,709 |
In: Statistics and Probability
The questions in this exercise are based on Netflix, Inc. To answer the questions you will need to download Netilix’s Form 10-K for the year ended December 31, 2005 at www.sec.gov/edgar!searchedgar/companysearch.html. Once at this website, input CIK code 1065280 and hit enter. In the gray box on the right-hand side of your computer screen define the scope of your search by inputting 10-K and then pressing enter. Select the 10-K with a filing date of March 16, 2006. You do not need to print this document to answer the questions.
Required:
In: Accounting
In October of fiscal year 2005, Lowe’s also issued $500 million of unsecured notes with a coupon rate of 5.5% and maturing in October 2035. How much did Lowe’s receive in cash from this issuance? Assume the market rate of interest is 5.61%. In April 2006, what will be the amount of Lowe’s cash payment to the investors who hold these notes? What will be Lowe’s interest expense from October 2005 to April 2006 for these notes? In April 2006, what will be the carrying value of these notes?
In: Accounting
In: Statistics and Probability