use below data:
| Year | Month | Demand (u) |
| 2017 | May | 147 |
| 2017 | June | 181 |
| 2017 | July | 154 |
| 2017 | August | 215 |
| 2017 | September | 179 |
| 2017 | October | 166 |
| 2017 | November | 227 |
| 2017 | December | 245 |
| 2018 | January | 223 |
| 2018 | February | 271 |
| 2018 | March | 260 |
| 2018 | April | 248 |
| 2018 | May | 316 |
| 2018 | June | 272 |
| 2018 | July | 378 |
| 2018 | August | 355 |
| 2018 | September | 371 |
| 2018 | October | 366 |
| 2018 | November | 426 |
| 2018 | December | 418 |
You plan to use an exponential smoothing method to forecast demand.
Find the MSE if you the exponential smoothing with alpha of 0.15
and the MSE if you use the exponential smoothing with alpha of 0.47.
Which of the above models is relatively more accurate according to
the value of MSE? Give a brief explanation.
In: Economics
| Date | Stock price | USD/BRL |
| 6/29/2018 | 0.20 | 3.9644 |
| 6/28/2018 | 0.25 | 3.959 |
| 6/27/2018 | 0.25 | 3.9734 |
| 6/26/2018 | 0.25 | 3.9588 |
| 6/25/2018 | 0.23 | 3.9691 |
| 6/22/2018 | 0.31 | 3.9719 |
| 6/21/2018 | 0.21 | 3.9833 |
| 6/20/2018 | 0.22 | 3.9734 |
| 6/19/2018 | 0.21 | 3.9725 |
| 6/18/2018 | 0.21 | 3.9726 |
| 6/15/2018 | 0.34 | 3.9642 |
| 6/14/2018 | 0.30 | 3.9647 |
| 6/13/2018 | 0.34 | 3.9607 |
| 6/12/2018 | 0.34 | 3.9566 |
| 6/11/2018 | 0.34 | 3.9609 |
| 6/8/2018 | 0.30 | 3.961 |
| 6/7/2018 | 0.29 | 3.9568 |
| 6/6/2018 | 0.29 | 3.9703 |
| 6/5/2018 | 0.29 | 3.9754 |
| 6/4/2018 | 0.30 | 3.9707 |
| 6/1/2018 | 0.35 | 3.9665 |
| 5/31/2018 | 0.40 | 3.9698 |
| 5/30/2018 | 0.35 | 3.9611 |
| 5/29/2018 | 0.35 | 3.9602 |
| 5/25/2018 | 0.27 | 3.9693 |
| 5/24/2018 | 0.29 | 3.9745 |
| 5/23/2018 | 0.15 | 3.9653 |
| 5/22/2018 | 0.15 | 3.9641 |
| 5/21/2018 | 0.20 | 3.9655 |
| 5/18/2018 | 0.20 | 3.9758 |
| 5/17/2018 | 0.12 | 3.9788 |
| 5/16/2018 | 0.14 | 3.9864 |
| 5/15/2018 | 0.14 | 3.989 |
| 5/14/2018 | 0.14 | 3.992 |
| 5/11/2018 | 0.16 | 3.9732 |
| 5/10/2018 | 0.20 | 3.9674 |
| 5/9/2018 | 0.20 | 3.983 |
| 5/8/2018 | 0.21 | 4.0069 |
| 5/7/2018 | 0.19 | 4.0121 |
| 5/4/2018 | 0.22 | 3.9906 |
| 5/3/2018 | 0.16 | 4.0016 |
| 5/2/2018 | 0.24 | 3.9817 |
| 5/1/2018 | 0.24 | 3.9983 |
| 4/30/2018 | 0.24 | 4.0006 |
| 4/27/2018 | 0.21 | 4.0138 |
| 4/26/2018 | 0.25 | 4.0212 |
| 4/25/2018 | 0.29 | 4.0128 |
| 4/24/2018 | 0.29 | 4.0086 |
| 4/23/2018 | 0.21 | 4.0088 |
| 4/20/2018 | 0.21 | 4.0008 |
| 4/19/2018 | 0.32 | 4.0337 |
| 4/18/2018 | 0.31 | 4.0273 |
| 4/17/2018 | 0.29 | 4.027 |
| 4/16/2018 | 0.29 | 4.0034 |
| 4/13/2018 | 0.26 | 4.002 |
| 4/12/2018 | 0.30 | 4.0086 |
| 4/11/2018 | 0.29 | 4.0014 |
| 4/10/2018 | 0.20 | 4.0103 |
| 4/9/2018 | 0.20 | 3.9883 |
| 4/6/2018 | 0.22 | 3.9831 |
| 4/5/2018 | 0.22 | 3.9706 |
| 4/4/2018 | 0.24 | 3.9257 |
| 4/3/2018 | 0.25 | 3.9256 |
| 4/2/2018 | 0.25 | 3.9074 |
| 3/29/2018 | 0.25 | 3.9089 |
| 3/28/2018 | 0.23 | 3.9226 |
| 3/27/2018 | 0.20 | 3.9512 |
| 3/26/2018 | 0.20 | 3.8993 |
| 3/23/2018 | 0.30 | 3.8555 |
| 3/22/2018 | 0.26 | 3.8589 |
| 3/21/2018 | 0.26 | 3.8433 |
| 3/20/2018 | 0.28 | 3.8485 |
| 3/19/2018 | 0.29 | 3.8381 |
| 3/16/2018 | 0.37 | 3.8258 |
| 3/15/2018 | 0.35 | 3.8153 |
| 3/14/2018 | 0.35 | 3.8178 |
| 3/13/2018 | 0.26 | 3.8303 |
| 3/12/2018 | 0.26 | 3.8173 |
| 3/9/2018 | 0.30 | 3.8222 |
| 3/8/2018 | 0.40 | 3.8246 |
| 3/7/2018 | 0.42 | 3.8129 |
| 3/6/2018 | 0.42 | 3.8004 |
| 3/5/2018 | 0.40 | 3.7867 |
| 3/2/2018 | 0.40 | 3.7991 |
| 3/1/2018 | 0.40 | 3.7964 |
| 2/28/2018 | 0.40 | 3.7836 |
| 2/27/2018 | 0.40 | 3.7879 |
| 2/26/2018 | 0.40 | 3.779 |
| 2/23/2018 | 0.40 | 3.7745 |
| 2/22/2018 | 0.42 | 3.7715 |
| 2/21/2018 | 0.42 | 3.7608 |
| 2/20/2018 | 0.42 | 3.7696 |
| 2/16/2018 | 0.45 | 3.7707 |
| 2/15/2018 | 0.47 | 3.7555 |
| 2/14/2018 | 0.40 | 3.7567 |
| 2/13/2018 | 0.35 | 3.7669 |
| 2/12/2018 | 0.35 | 3.7576 |
| 2/9/2018 | 0.30 | 3.7793 |
| 2/8/2018 | 0.15 | 3.7537 |
| 2/7/2018 | 0.35 | 3.7477 |
| 2/6/2018 | 0.38 | 3.7477 |
| 2/5/2018 | 0.37 | 3.7549 |
| 2/2/2018 | 0.35 | 3.7697 |
| 2/1/2018 | 0.36 | 3.7865 |
| 1/31/2018 | 0.45 | 3.7859 |
| 1/30/2018 | 0.37 | 3.7711 |
| 1/29/2018 | 0.32 | 3.7796 |
| 1/26/2018 | 0.27 | 3.7697 |
| 1/25/2018 | 0.37 | 3.7466 |
| 1/24/2018 | 0.35 | 3.7388 |
| 1/23/2018 | 0.32 | 3.7452 |
| 1/22/2018 | 0.35 | 3.711 |
| 1/19/2018 | 0.35 | 3.7106 |
| 1/18/2018 | 0.35 | 3.7052 |
| 1/17/2018 | 0.35 | 3.6929 |
| 1/16/2018 | 0.33 | 3.6974 |
| 1/12/2018 | 0.32 | 3.7007 |
| 1/11/2018 | 0.30 | 3.696 |
| 1/10/2018 | 0.30 | 3.6909 |
| 1/9/2018 | 0.30 | 3.689 |
| 1/8/2018 | 0.31 | 3.6739 |
| 1/5/2018 | 0.30 | 3.6835 |
| 1/4/2018 | 0.44 | 3.6572 |
| 1/3/2018 | 0.44 | 3.6695 |
| 1/2/2018 | 0.44 | 3.6752 |
| 12/29/2017 | 0.50 | 3.6757 |
| 12/28/2017 | 0.46 | 3.6806 |
| 12/27/2017 | 0.46 | 3.6886 |
| 12/26/2017 | 0.45 | 3.6823 |
| 12/22/2017 | 0.45 | 3.6887 |
| 12/21/2017 | 0.45 | 3.6933 |
| 12/20/2017 | 0.45 | 3.6982 |
| 12/19/2017 | 0.45 | 3.6957 |
| 12/18/2017 | 0.45 | 3.6838 |
| 12/15/2017 | 0.45 | 3.6723 |
| 12/14/2017 | 0.45 | 3.6779 |
| 12/13/2017 | 0.44 | 3.6782 |
| 12/12/2017 | 0.42 | 3.6848 |
| 12/11/2017 | 0.45 | 3.6713 |
| 12/8/2017 | 0.45 | 3.6559 |
| 12/7/2017 | 0.50 | 3.6576 |
| 12/6/2017 | 0.45 | 3.6668 |
| 12/5/2017 | 0.45 | 3.6621 |
| 12/4/2017 | 0.45 | 3.647 |
| 12/1/2017 | 0.45 | 3.6391 |
| 11/30/2017 | 0.46 | 3.6492 |
| 11/29/2017 | 0.45 | 3.6512 |
| 11/28/2017 | 0.48 | 3.6433 |
| 11/27/2017 | 0.50 | 3.6293 |
| 11/24/2017 | 0.50 | 3.6297 |
| 11/22/2017 | 0.52 | 3.6201 |
| 11/21/2017 | 0.52 | 3.6159 |
| 11/20/2017 | 0.59 | 3.6175 |
| 11/17/2017 | 0.52 | 3.6198 |
| 11/16/2017 | 0.51 | 3.6142 |
| 11/15/2017 | 0.51 | 3.6186 |
| 11/14/2017 | 0.45 | 3.6081 |
| 11/13/2017 | 0.40 | 3.6235 |
| 11/10/2017 | 0.40 | 3.6194 |
| 11/9/2017 | 0.40 | 3.6173 |
| 11/8/2017 | 0.45 | 3.6164 |
| 11/7/2017 | 0.41 | 3.6089 |
| 11/6/2017 | 0.38 | 3.6179 |
| 11/3/2017 | 0.40 | 3.6172 |
| 11/2/2017 | 0.45 | 3.6132 |
| 11/1/2017 | 0.45 | 3.6085 |
| 10/31/2017 | 0.52 | 3.6147 |
| 10/30/2017 | 0.55 | 3.6001 |
| 10/27/2017 | 0.52 | 3.6061 |
| 10/26/2017 | 0.54 | 3.6126 |
| 10/25/2017 | 0.57 | 3.6061 |
| 10/24/2017 | 0.52 | 3.6005 |
| 10/23/2017 | 0.52 | 3.5932 |
| 10/20/2017 | 0.52 | 3.5924 |
| 10/19/2017 | 0.54 | 3.6047 |
| 10/18/2017 | 0.51 | 3.598 |
| 10/17/2017 | 0.55 | 3.5947 |
| 10/16/2017 | 0.55 | 3.5944 |
| 10/13/2017 | 0.50 | 3.6072 |
| 10/12/2017 | 0.58 | 3.5914 |
| 10/11/2017 | 0.60 | 3.5835 |
| 10/10/2017 | 0.60 | 3.5972 |
| 10/9/2017 | 0.59 | 3.5932 |
| 10/6/2017 | 0.50 | 3.594 |
| 10/5/2017 | 0.65 | 3.5872 |
| 10/4/2017 | 0.60 | 3.5894 |
| 10/3/2017 | 0.60 | 3.5905 |
| 10/2/2017 | 0.62 | 3.5935 |
| 9/29/2017 | 0.65 | 3.6052 |
| 9/28/2017 | 0.65 | 3.6094 |
| 9/27/2017 | 0.58 | 3.6057 |
| 9/26/2017 | 0.65 | 3.61 |
| 9/25/2017 | 0.62 | 3.5952 |
| 9/22/2017 | 0.59 | 3.5977 |
| 9/21/2017 | 0.50 | 3.6109 |
| 9/20/2017 | 0.55 | 3.6113 |
| 9/19/2017 | 0.55 | 3.6063 |
| 9/18/2017 | 0.52 | 3.6045 |
| 9/15/2017 | 0.59 | 3.5936 |
| 9/14/2017 | 0.59 | 3.5959 |
| 9/13/2017 | 0.55 | 3.5874 |
| 9/12/2017 | 0.60 | 3.5956 |
| 9/11/2017 | 0.60 | 3.5906 |
| 9/8/2017 | 0.60 | 3.5726 |
| 9/7/2017 | 0.50 | 3.591 |
| 9/6/2017 | 0.55 | 3.6046 |
| 9/5/2017 | 0.61 | 3.6019 |
| 9/1/2017 | 0.67 | 3.6015 |
| 8/31/2017 | 0.68 | 3.5876 |
| 8/30/2017 | 0.50 | 3.5801 |
| 8/29/2017 | 0.60 | 3.5925 |
| 8/28/2017 | 0.69 | 3.5842 |
| 8/25/2017 | 0.65 | 3.5645 |
| 8/24/2017 | 0.71 | 3.5655 |
| 8/23/2017 | 0.66 | 3.5584 |
| 8/22/2017 | 0.60 | 3.5634 |
| 8/21/2017 | 0.60 | 3.5623 |
| 8/18/2017 | 0.50 | 3.5645 |
| 8/17/2017 | 0.50 | 3.5648 |
| 8/16/2017 | 0.50 | 3.5446 |
| 8/15/2017 | 0.50 | 3.542 |
| 8/14/2017 | 0.43 | 3.543 |
| 8/11/2017 | 0.50 | 3.5643 |
| 8/10/2017 | 0.50 | 3.5477 |
| 8/9/2017 | 0.48 | 3.5555 |
| 8/8/2017 | 0.48 | 3.5531 |
| 8/7/2017 | 0.39 | 3.5437 |
| 8/4/2017 | 0.48 | 3.5333 |
| 8/3/2017 | 0.50 | 3.548 |
| 8/2/2017 | 0.50 | 3.5415 |
| 8/1/2017 | 0.50 | 3.5381 |
| 7/31/2017 | 0.50 | 3.5367 |
| 7/28/2017 | 0.49 | 3.5225 |
| 7/27/2017 | 0.41 | 3.529 |
| 7/26/2017 | 0.50 | 3.5382 |
| 7/25/2017 | 0.50 | 3.5342 |
| 7/24/2017 | 0.50 | 3.5323 |
| 7/21/2017 | 0.41 | 3.5327 |
| 7/20/2017 | 0.41 | 3.5373 |
| 7/19/2017 | 0.51 | 3.5289 |
| 7/18/2017 | 0.60 | 3.5282 |
| 7/17/2017 | 0.60 | 3.535 |
| 7/14/2017 | 0.60 | 3.5421 |
| 7/13/2017 | 0.60 | 3.5331 |
| 7/12/2017 | 0.64 | 3.5449 |
| 7/11/2017 | 0.60 | 3.5289 |
| 7/10/2017 | 0.60 | 3.5428 |
| 7/7/2017 | 0.60 | 3.5439 |
| 7/6/2017 | 0.60 | 3.5287 |
| 7/5/2017 | 0.60 | 3.5316 |
| 7/3/2017 | 0.65 | 3.5287 |
Use the data above:
How does a 1% change in the exchange rate for the Brazilian real affect the price of the stock?
Is the relationship between the changes in the value of the real and returns on the stock statistically significant? Explain how you determine this
If an investor owning stock in the company were to hedge the real related risk of the stock perfectly, how much lower would the risk of the investment be? (That is, how much lower would the volatility of the stock be after hedging real related risk?
When the value of the real increases, how does the stock price change?
In: Finance
This is the third time I've posted this... please answer it.
1. Use the data from the file economic risk attached to answer the following:
a. How does a 1% change in the exchange rate for the Brazilian real affect the price of the stock?
b. Is the relationship between the changes in the value of the real and returns on the stock statistically significant? Explain how you determine this.
c. If an investor owning stock in the company were to hedge the real related risk of the stock perfectly, how much lower would the risk of the investment be? (That is, how much lower would the volatility of the stock be after hedging real related risk?)
d. When the value of the real increases, how does the stock price change?
Here is the info you need to answer the quetions:
| Date | Stock price | USD/BRL |
| 6/29/2018 | 0.20 | 3.9742 |
| 6/28/2018 | 0.25 | 3.9729 |
| 6/27/2018 | 0.25 | 3.9732 |
| 6/26/2018 | 0.25 | 3.9674 |
| 6/25/2018 | 0.23 | 3.9622 |
| 6/22/2018 | 0.31 | 3.9692 |
| 6/21/2018 | 0.21 | 3.9775 |
| 6/20/2018 | 0.22 | 3.9656 |
| 6/19/2018 | 0.21 | 3.9601 |
| 6/18/2018 | 0.21 | 3.9729 |
| 6/15/2018 | 0.34 | 3.9659 |
| 6/14/2018 | 0.30 | 3.9683 |
| 6/13/2018 | 0.34 | 3.9544 |
| 6/12/2018 | 0.34 | 3.9642 |
| 6/11/2018 | 0.34 | 3.9637 |
| 6/8/2018 | 0.30 | 3.9626 |
| 6/7/2018 | 0.29 | 3.9692 |
| 6/6/2018 | 0.29 | 3.974 |
| 6/5/2018 | 0.29 | 3.9746 |
| 6/4/2018 | 0.30 | 3.9637 |
| 6/1/2018 | 0.35 | 3.9691 |
| 5/31/2018 | 0.40 | 3.9557 |
| 5/30/2018 | 0.35 | 3.9689 |
| 5/29/2018 | 0.35 | 3.9655 |
| 5/25/2018 | 0.27 | 3.9784 |
| 5/24/2018 | 0.29 | 3.9719 |
| 5/23/2018 | 0.15 | 3.9806 |
| 5/22/2018 | 0.15 | 3.9684 |
| 5/21/2018 | 0.20 | 3.9657 |
| 5/18/2018 | 0.20 | 3.9696 |
| 5/17/2018 | 0.12 | 3.9888 |
| 5/16/2018 | 0.14 | 3.9818 |
| 5/15/2018 | 0.14 | 3.9788 |
| 5/14/2018 | 0.14 | 3.9842 |
| 5/11/2018 | 0.16 | 3.9602 |
| 5/10/2018 | 0.20 | 3.9664 |
| 5/9/2018 | 0.20 | 3.9871 |
| 5/8/2018 | 0.21 | 4.0172 |
| 5/7/2018 | 0.19 | 4.0132 |
| 5/4/2018 | 0.22 | 3.9843 |
| 5/3/2018 | 0.16 | 3.996 |
| 5/2/2018 | 0.24 | 3.9686 |
| 5/1/2018 | 0.24 | 4.0009 |
| 4/30/2018 | 0.24 | 4.0153 |
| 4/27/2018 | 0.21 | 4.023 |
| 4/26/2018 | 0.25 | 4.0131 |
| 4/25/2018 | 0.29 | 4.0189 |
| 4/24/2018 | 0.29 | 4.0083 |
| 4/23/2018 | 0.21 | 4.0012 |
| 4/20/2018 | 0.21 | 4.0105 |
| 4/19/2018 | 0.32 | 4.0209 |
| 4/18/2018 | 0.31 | 4.0337 |
| 4/17/2018 | 0.29 | 4.014 |
| 4/16/2018 | 0.29 | 4.0116 |
| 4/13/2018 | 0.26 | 4.0126 |
| 4/12/2018 | 0.30 | 4.0153 |
| 4/11/2018 | 0.29 | 3.9991 |
| 4/10/2018 | 0.20 | 4.0006 |
| 4/9/2018 | 0.20 | 4.0029 |
| 4/6/2018 | 0.22 | 3.9928 |
| 4/5/2018 | 0.22 | 3.9716 |
| 4/4/2018 | 0.24 | 3.9297 |
| 4/3/2018 | 0.25 | 3.921 |
| 4/2/2018 | 0.25 | 3.9146 |
| 3/29/2018 | 0.25 | 3.8996 |
| 3/28/2018 | 0.23 | 3.9273 |
| 3/27/2018 | 0.20 | 3.944 |
| 3/26/2018 | 0.20 | 3.901 |
| 3/23/2018 | 0.30 | 3.8699 |
| 3/22/2018 | 0.26 | 3.851 |
| 3/21/2018 | 0.26 | 3.8451 |
| 3/20/2018 | 0.28 | 3.8515 |
| 3/19/2018 | 0.29 | 3.8456 |
| 3/16/2018 | 0.37 | 3.826 |
| 3/15/2018 | 0.35 | 3.8154 |
| 3/14/2018 | 0.35 | 3.8156 |
| 3/13/2018 | 0.26 | 3.8193 |
| 3/12/2018 | 0.26 | 3.8152 |
| 3/9/2018 | 0.30 | 3.8273 |
| 3/8/2018 | 0.40 | 3.8156 |
| 3/7/2018 | 0.42 | 3.8078 |
| 3/6/2018 | 0.42 | 3.8054 |
| 3/5/2018 | 0.40 | 3.7966 |
| 3/2/2018 | 0.40 | 3.8027 |
| 3/1/2018 | 0.40 | 3.7896 |
| 2/28/2018 | 0.40 | 3.778 |
| 2/27/2018 | 0.40 | 3.7903 |
| 2/26/2018 | 0.40 | 3.783 |
| 2/23/2018 | 0.40 | 3.7788 |
| 2/22/2018 | 0.42 | 3.7689 |
| 2/21/2018 | 0.42 | 3.7678 |
| 2/20/2018 | 0.42 | 3.7573 |
| 2/16/2018 | 0.45 | 3.756 |
| 2/15/2018 | 0.47 | 3.7637 |
| 2/14/2018 | 0.40 | 3.7538 |
| 2/13/2018 | 0.35 | 3.7684 |
| 2/12/2018 | 0.35 | 3.755 |
| 2/9/2018 | 0.30 | 3.7708 |
| 2/8/2018 | 0.15 | 3.7602 |
| 2/7/2018 | 0.35 | 3.7559 |
| 2/6/2018 | 0.38 | 3.7416 |
| 2/5/2018 | 0.37 | 3.7414 |
| 2/2/2018 | 0.35 | 3.7612 |
| 2/1/2018 | 0.36 | 3.7834 |
| 1/31/2018 | 0.45 | 3.7689 |
| 1/30/2018 | 0.37 | 3.7682 |
| 1/29/2018 | 0.32 | 3.7652 |
| 1/26/2018 | 0.27 | 3.7637 |
| 1/25/2018 | 0.37 | 3.761 |
| 1/24/2018 | 0.35 | 3.7447 |
| 1/23/2018 | 0.32 | 3.7452 |
| 1/22/2018 | 0.35 | 3.701 |
| 1/19/2018 | 0.35 | 3.7058 |
| 1/18/2018 | 0.35 | 3.7083 |
| 1/17/2018 | 0.35 | 3.6991 |
| 1/16/2018 | 0.33 | 3.7002 |
| 1/12/2018 | 0.32 | 3.6999 |
| 1/11/2018 | 0.30 | 3.6923 |
| 1/10/2018 | 0.30 | 3.6777 |
| 1/9/2018 | 0.30 | 3.6823 |
| 1/8/2018 | 0.31 | 3.6695 |
| 1/5/2018 | 0.30 | 3.6797 |
| 1/4/2018 | 0.44 | 3.672 |
| 1/3/2018 | 0.44 | 3.6827 |
| 1/2/2018 | 0.44 | 3.6864 |
| 12/29/2017 | 0.50 | 3.6859 |
| 12/28/2017 | 0.46 | 3.6857 |
| 12/27/2017 | 0.46 | 3.6847 |
| 12/26/2017 | 0.45 | 3.689 |
| 12/22/2017 | 0.45 | 3.6799 |
| 12/21/2017 | 0.45 | 3.6853 |
| 12/20/2017 | 0.45 | 3.6958 |
| 12/19/2017 | 0.45 | 3.6807 |
| 12/18/2017 | 0.45 | 3.6817 |
| 12/15/2017 | 0.45 | 3.6686 |
| 12/14/2017 | 0.45 | 3.6713 |
| 12/13/2017 | 0.44 | 3.6794 |
| 12/12/2017 | 0.42 | 3.6893 |
| 12/11/2017 | 0.45 | 3.6677 |
| 12/8/2017 | 0.45 | 3.6541 |
| 12/7/2017 | 0.50 | 3.6575 |
| 12/6/2017 | 0.45 | 3.6668 |
| 12/5/2017 | 0.45 | 3.656 |
| 12/4/2017 | 0.45 | 3.6443 |
| 12/1/2017 | 0.45 | 3.6356 |
| 11/30/2017 | 0.46 | 3.6381 |
| 11/29/2017 | 0.45 | 3.6435 |
| 11/28/2017 | 0.48 | 3.6304 |
| 11/27/2017 | 0.50 | 3.6214 |
| 11/24/2017 | 0.50 | 3.6244 |
| 11/22/2017 | 0.52 | 3.6281 |
| 11/21/2017 | 0.52 | 3.6141 |
| 11/20/2017 | 0.59 | 3.6236 |
| 11/17/2017 | 0.52 | 3.6129 |
| 11/16/2017 | 0.51 | 3.6198 |
| 11/15/2017 | 0.51 | 3.6203 |
| 11/14/2017 | 0.45 | 3.6093 |
| 11/13/2017 | 0.40 | 3.6173 |
| 11/10/2017 | 0.40 | 3.6208 |
| 11/9/2017 | 0.40 | 3.6019 |
| 11/8/2017 | 0.45 | 3.6148 |
| 11/7/2017 | 0.41 | 3.6199 |
| 11/6/2017 | 0.38 | 3.6209 |
| 11/3/2017 | 0.40 | 3.6198 |
| 11/2/2017 | 0.45 | 3.6078 |
| 11/1/2017 | 0.45 | 3.6016 |
| 10/31/2017 | 0.52 | 3.6146 |
| 10/30/2017 | 0.55 | 3.6024 |
| 10/27/2017 | 0.52 | 3.6163 |
| 10/26/2017 | 0.54 | 3.5964 |
| 10/25/2017 | 0.57 | 3.6004 |
| 10/24/2017 | 0.52 | 3.6051 |
| 10/23/2017 | 0.52 | 3.6091 |
| 10/20/2017 | 0.52 | 3.6037 |
| 10/19/2017 | 0.54 | 3.5936 |
| 10/18/2017 | 0.51 | 3.5988 |
| 10/17/2017 | 0.55 | 3.611 |
| 10/16/2017 | 0.55 | 3.6113 |
| 10/13/2017 | 0.50 | 3.5971 |
| 10/12/2017 | 0.58 | 3.5892 |
| 10/11/2017 | 0.60 | 3.5969 |
| 10/10/2017 | 0.60 | 3.5844 |
| 10/9/2017 | 0.59 | 3.6041 |
| 10/6/2017 | 0.50 | 3.5925 |
| 10/5/2017 | 0.65 | 3.5947 |
| 10/4/2017 | 0.60 | 3.5924 |
| 10/3/2017 | 0.60 | 3.5929 |
| 10/2/2017 | 0.62 | 3.5991 |
| 9/29/2017 | 0.65 | 3.6054 |
| 9/28/2017 | 0.65 | 3.6096 |
| 9/27/2017 | 0.58 | 3.5957 |
| 9/26/2017 | 0.65 | 3.6092 |
| 9/25/2017 | 0.62 | 3.6046 |
| 9/22/2017 | 0.59 | 3.6035 |
| 9/21/2017 | 0.50 | 3.6033 |
| 9/20/2017 | 0.55 | 3.6096 |
| 9/19/2017 | 0.55 | 3.6012 |
| 9/18/2017 | 0.52 | 3.5988 |
| 9/15/2017 | 0.59 | 3.5954 |
| 9/14/2017 | 0.59 | 3.5984 |
| 9/13/2017 | 0.55 | 3.5938 |
| 9/12/2017 | 0.60 | 3.5849 |
| 9/11/2017 | 0.60 | 3.5895 |
| 9/8/2017 | 0.60 | 3.5813 |
| 9/7/2017 | 0.50 | 3.594 |
| 9/6/2017 | 0.55 | 3.6055 |
| 9/5/2017 | 0.61 | 3.5887 |
| 9/1/2017 | 0.67 | 3.6029 |
| 8/31/2017 | 0.68 | 3.5862 |
| 8/30/2017 | 0.50 | 3.5875 |
| 8/29/2017 | 0.60 | 3.5849 |
| 8/28/2017 | 0.69 | 3.5784 |
| 8/25/2017 | 0.65 | 3.5778 |
| 8/24/2017 | 0.71 | 3.5739 |
| 8/23/2017 | 0.66 | 3.5681 |
| 8/22/2017 | 0.60 | 3.5598 |
| 8/21/2017 | 0.60 | 3.5658 |
| 8/18/2017 | 0.50 | 3.5528 |
| 8/17/2017 | 0.50 | 3.5566 |
| 8/16/2017 | 0.50 | 3.5538 |
| 8/15/2017 | 0.50 | 3.5435 |
| 8/14/2017 | 0.43 | 3.5511 |
| 8/11/2017 | 0.50 | 3.5572 |
| 8/10/2017 | 0.50 | 3.5547 |
| 8/9/2017 | 0.48 | 3.5558 |
| 8/8/2017 | 0.48 | 3.5393 |
| 8/7/2017 | 0.39 | 3.5331 |
| 8/4/2017 | 0.48 | 3.5494 |
| 8/3/2017 | 0.50 | 3.5313 |
| 8/2/2017 | 0.50 | 3.5422 |
| 8/1/2017 | 0.50 | 3.548 |
| 7/31/2017 | 0.50 | 3.529 |
| 7/28/2017 | 0.49 | 3.5218 |
| 7/27/2017 | 0.41 | 3.536 |
| 7/26/2017 | 0.50 | 3.5369 |
| 7/25/2017 | 0.50 | 3.5377 |
| 7/24/2017 | 0.50 | 3.5304 |
| 7/21/2017 | 0.41 | 3.5295 |
| 7/20/2017 | 0.41 | 3.5254 |
| 7/19/2017 | 0.51 | 3.5389 |
| 7/18/2017 | 0.60 | 3.5229 |
| 7/17/2017 | 0.60 | 3.5337 |
| 7/14/2017 | 0.60 | 3.5409 |
| 7/13/2017 | 0.60 | 3.5352 |
| 7/12/2017 | 0.64 | 3.5463 |
| 7/11/2017 | 0.60 | 3.5426 |
| 7/10/2017 | 0.60 | 3.5473 |
| 7/7/2017 | 0.60 | 3.5387 |
| 7/6/2017 | 0.60 | 3.5407 |
| 7/5/2017 | 0.60 | 3.5388 |
| 7/3/2017 | 0.65 | 3.542 |
In: Finance
20]
The annual financial statements of Hunter Ltd for the financial years ended 31 December2018 and 2019 are presented below.
Hunter Limited
Statement of profit or loss and other comprehensive income for the year ended 31 December 2019
|
2019 R |
2018 R |
||
|
Revenue from sales |
540 000 |
480 000 |
|
|
Cost of Sales |
(360 000) |
(318 000) |
|
|
Opening Inventory |
42 000 |
30 000 |
|
|
Purchases |
390 000 |
330 000 |
|
|
Goods available for sale |
432 000 |
360 000 |
|
|
Closing Inventory |
(72 000) |
(42 000) |
|
|
Gross Profit |
180 000 |
162 000 |
|
|
Selling and distribution expenses |
(37 000) |
(36 000) |
|
|
Administration expenses |
(72 000) |
(54 000) |
|
|
Interest on loan |
(3 000) |
(3 000) |
|
|
Profit before taxation |
68 000 |
69 000 |
|
|
Taxation paid |
(20 400) |
(20 700) |
|
|
Profit for the year |
47 600 |
48 300 |
|
|
Other comprehensive income |
Nil |
Nil |
|
|
Total comprehensive income for the year |
47 600 |
48 300 |
Hunter Limited
Statement of changes in equity for the year ended 31 December 2019
|
Ordinary Share capital |
Retained earnings |
Preference share capital |
Total |
|
|
Balance at 1 January 2018 |
120 000 |
12 000 |
60 000 |
192 000 |
|
Total comprehensive income |
- |
48 300 |
- |
48 300 |
|
Preference dividends paid |
- |
(6 000) |
- |
(6 000) |
|
Ordinary dividends declared |
- |
(24 000) |
- |
(24 000) |
|
Balance at 31 December 2018 |
120 000 |
30 300 |
60 000 |
210 300 |
|
Total comprehensive income |
- |
47 600 |
- |
47 600 |
|
Preference dividends paid |
- |
(6 000) |
- |
(6 000) |
|
Ordinary dividends declared |
- |
(15 000) |
- |
(15 000) |
|
Balance at 31 December 2019 |
120 000 |
56 900 |
60 000 |
236 900 |
Hunter Limited
Statement of financial position as at 31 December 2019
R R
|
Note |
2019 |
2018 |
||
|
Non-current assets |
258 000 |
264 000 |
||
|
Property, plant and equipment |
1 |
258 000 |
264 000 |
|
|
Current assets |
257 000 |
111 000 |
||
|
Inventory |
72 000 |
42 000 |
||
|
Trade Debtors |
182 000 |
60 000 |
||
|
Bank |
3 000 |
9 000 |
||
|
515 000 |
375 000 |
|||
|
Equity |
236 900 |
210 300 |
||
|
Share capital |
2 |
120 000 |
120 000 |
|
|
Retained earnings |
56 900 |
30 300 |
||
|
Preference share capital |
2 |
60 000 |
60 000 |
|
|
Non-current liabilities |
60 000 |
60 000 |
||
|
5 % Debentures |
60 000 |
60 000 |
||
|
Current liabilities |
218 100 |
104 700 |
||
|
Trade Creditors |
182 700 |
60 000 |
||
|
Taxation payable |
20 400 |
20 700 |
||
|
Shareholders for dividends |
15 000 |
24 000 |
||
|
515 000 |
375 000 |
Additional Information and Notes:
(1) All purchases and sales are made on credit terms.
(2) Trade debtors at 31 December 2017 amounted to R140 000.
Required:
Using the information provided above evaluate the company’s performance and position using financial ratio analysis.
In: Accounting
A random survey of 2000 people is made & 900 responded affirmatively (so p = 0.45). Build & interpret a 95% confidence interval.
In: Statistics and Probability
In: Operations Management
Falling Oil Prices and their Long-term and Short-term Impact on the Ordinary Investor
write a report at least 2000-2500 words.
In: Operations Management
Write an assembly language program for 8085
microprocessor to read consecutive memory locations from 2000 to
2FFF & transfer to 4000 to 4FFF
In: Electrical Engineering
write a position paper on "violence against woman and girls: the shadow pandemic" (2000 words excluding references and the title. APA format
In: Nursing
|
Month |
Payment |
|
1 |
2000 |
|
2 |
2000 |
|
3 |
1500 |
|
4 |
1500 |
|
5 |
1500 |
|
6 |
1000 |
|
7 |
1000 |
|
8 |
500 |
|
9 |
500 |
|
10 |
500 |
|
$842.19 |
||
|
$0.00 |
||
|
$785.60 |
||
|
$1044.68 |
In: Finance