Questions
The accompanying data table show the percentage of tax returns filed electronically in a city from...

The accompanying data table show the percentage of tax returns filed electronically in a city from 2000 to 2009. Complete parts a through e below.

Year   Percentage
2000   25
2001   33
2002   37
2003   38
2004   48
2005   50
2006   55
2007   59
2008   62
2009   64

a) Forecast the percentage of tax returns that will be electronically filed for 2010 using exponential smoothing with alpha= 0.1.

​b) Calculate the MAD for the forecast in part a.

c) Forecast the percentage of tax returns that will be electronically filed for 2010 using exponential smoothing with trend adjustment. Set alpha= 0.3 and beta= 0.4.

​d) Calculate the MAD for the forecast in part c.

In: Statistics and Probability

Balance payment of china. Analyze the time-series data of Balance of Payment of China (Since 2010)....

Balance payment of china.

Analyze the time-series data of Balance of Payment of China (Since 2010). Discuss the trend of changes in current, capital and financial accounts. Based on your observation, with other external economic information, what shall the policymakers do in responding to these changes?

You required to do.

1. Find the current, capital and financial accounts of china.

2. Describe thier trends of changes from 2010 to 2019.

3. Explain why there were such changes.

4. Advice to the policymakers about what shall be done based on the observations.

5. Discuss the balance of Payments in greater details. With evidence.

6. Discuss the implications on setting external economic policies.

(1000 words).

In: Economics

On January 1, 2005 Able Company purchased all of the stock of Baker Company. On January...

On January 1, 2005 Able Company purchased all of the stock of Baker Company. On January 1, 2010, Able purchased a piece of equipment for $50,000. This equipment is expected to last 8 years with a 2000 salvage. On January 1, 2011 Able sold the equipment to Baker for $50,000. Baker believes the asset has 7 years of life remaining and a $1,000 salvage. On January 1, 2013 Baker sold the equipment to Cat Company for $30,000.

REQUIRED:

A) PREPARE ALL THE JOURNAL ENTRIES FOR ABLE CONNECTED WITH THIS EQUIPMENT

B) PREPARE ALL THE JOURNAL ENTRIES Baker makes connected with this equipment

C) Make all the necessary worksheet entries for 2010; 2011, 2012 and 2013 connected with this equipment

In: Accounting

Suppose the table gives the number N(t), measured in thousands, of minimally invasive cosmetic surgery procedures...

Suppose the table gives the number N(t), measured in thousands, of minimally invasive cosmetic surgery procedures performed in the United States for various years t.

t N(t)(thousands)

2000 5,510
2002 4,892
2004 7,465
2006 9,128
2008 10,882
2010 11,561
2012 13,040

(b) Construct a table of estimated values for N'(t). (Use a one-sided difference quotient with an adjacent point for the first and last values, and the average of two difference quotients with adjacent points for all other values. Round your answers to two decimal places.)

2000 x
2002 x
2004 x
2006 x
2008 x
2010 x
2012 x

In: Advanced Math

More time on the Internet: A researcher polled a sample of 1097 adults in the year...

More time on the Internet: A researcher polled a sample of

1097

adults in the year

2010

, asking them how many hours per week they spent on the Internet. The sample mean was

9.42

with a standard deviation of

13.23

. A second sample of

1031

adults was taken in the year

2012

. For this sample, the mean was

10.63

with a standard deviation of

14.47

. Assume these are simple random samples from populations of adults. Can you conclude that the mean number of hours per week spent on the Internet increased between

2010

and

2012

? Let

μ1

denote the mean number of hours spent on the Internet in

2010

and

μ2

denote the mean number of hours spent on the Internet in

2012

. Use the  

=α0.05

level and the

P

-value method with the table.

Part 1 of 6

Your Answer is correct

State the appropriate null and alternate hypotheses.

H0:=μ1μ2

H1:<μ1μ2

This is a ▼left-tailed test.

Part 2 of 6

Your Answer is correct

Compute the test statistic. Round the answer to three decimal places.

=t

  

−2.01

Part: 2 / 6

2 of 6 Parts Complete

Part 3 of 6

Your Answer is incorrect

How many degrees of freedom are there, using the simple method?

The degrees of freedom using the simple method is

In: Statistics and Probability

4. Timco airlines is a large airplane maker. It recently built the T123. It can carry...

4. Timco airlines is a large airplane maker. It recently built the T123. It can carry 500 passengers on two levels. Initial project investments were $13B. Assume that the initial investment was paid on Dec 31, 2010. Assume that Timco will produce 60 aircraft per year for five years. Each aircraft will be sold for $230M and total operating costs are 75% of revenues. Assume that revenues and costs occur at year-end with the first revenues (and costs) occurring on Dec 31, 2011. What is the NPV of the project if Timco’s cost of capital is 11%? Calculate the NPV as of Dec 31, 2010. Ignore taxes and assume that there are no terminal year cash flows. Show your work, as appropriate and clearly state your answer (5 points) 5. What is the payback period for the Timco investment outlined in #4? What does the payback period calculation mean? In other words, interpret your answer. 6. What is the Profitability Index as of Dec 31, 2010 for the Timco investment outlined in #4? 7. Timco’s CFO wants you to provide a recommendation – but based on only one of the three sets of analysis above (either NPV, Payback or Profitability Index). Which method do you choose? Why?

In: Finance

Income recognition for a contractor. On October 15, 2010, Flanikin Construction Company contracted to build a...

Income recognition for a contractor. On October 15, 2010, Flanikin Construction Company contracted to build a shopping center at a contract price of $180 million. The schedule of expected and actual cash collections and contract costs is as follows:

Year Cash collections from Customers Estimated and Actual Cost Incurred

2010 $36,000,000 $12,000,000

2011 45,000,000 36,000,000

2012 45,000,000 48,000,000

2013 54,000,000 24,000,000

   $180,000,000 $120,000,000

A) Calculate the amount of revenue, expense, and net income for each of the four years under the following revenue recognition methods:

(1)    Percentage-of-completion method.

(2)    Completed contract method.

B) Show the journal entries Flanikin will make in 2010, 2011, 2012, and 2013 for this contract. Flanikin accumulates contract costs in a Contract in Process account. Although the costs involve a mixture of cash payments, credits to assets, and credits to liability accounts, assume for purposes of this problem that all costs are recorded as credits to Accounts Payable.

C) Which method do you believe provides the better measure of Flanikin Construction Company’s performance under the contract? Why?

Can somebody please show me how to calculate this in EXCEL. Step by step excel calculations need to be shown with screenshots. Thank you.

In: Accounting

You have just graduated from The a College and is making a budget presentation to a...

You have just graduated from The a College and is making a budget presentation to a group of students. In your presentation you are required to prepare the cash budget for Neann Ltd for the first quarter of 2011.
The following information is to be used in the preparation of the budget.
a) The directors have agreed at a special meeting to inject additional capital into the business of $60million dollars in February 2011.
b) The business expects to receive interest income of $40million in March 2011.
c) Twenty percent (20%) of the company’s sales represents cash sales and the remainder is received 3 months later. The following sales are expected:

                       $million
October 2010    80
November 2010 40
December 2010 50
January 2011     30
February 2011    45
March 2011         50

d) Neann is expected to receive dividend of $6million at the end of January 2011
e) The following overheads are to be incurred on a monthly basis
                                $million
Factory Insurance           5
Factory Depreciation    1.5
Indirect wages               2
Indirect Materials          0.5

f) Neann plans to purchase equipment costing $12million in January 2011.
g) The directors of Neann are expected to declare a dividend of $18million in March 2011
h) At the December 2010 board meeting the directors plan to sign off on the renovation of the executive suite, the directo’rs dining room and the board room. The contract is expected to cost $200million. The work is schedule to start in May 2011 but the first payment of $110million is to be made in February 2011.
i) Three of the directors are to purchase 5 series BMW from Stewarts Motors costing $17million each. The payment is to be made in March 2011.
j) It is expected that the sale of two trucks owned by Neann will be finalized in February 2011. The sale proceeds of $10 million is to be received in March 2011.
k) The Company must maintain a minimum cash balance of $10 million
l) All borrowing occurs at the end of a month and all repayments occur at the end of the month following the loan taken.
m) Interest is paid only at the time of repayment of principal. The interest rate is 10% per year.
n)    The cash balance at the end of December 2010 was $10million    

Required:
a) Prepare a debtors collection schedule for the quarter
b) Prepare a cash budget for the quarter with a total columns ending March 31,2011     

In: Accounting

A 35.00 mL solution of 0.2500 M HF is titrated with a standardized 0.1083 M solution...

A 35.00 mL solution of 0.2500 M HF is titrated with a standardized 0.1083 M solution of NaOH at 25 degrees C.

(a) What is the pH of the HF solution before titrant is added?

(b) How many milliliters of titrant are required to reach the equivalence point?

(c) What is the pH at 0.50 mL before the equivalence point?

(d) What is the pH at the equivalence point?

(e) What is the pH at 0.50 mL after the equivalence point?

In: Chemistry

A 35.00 mL solution of 0.2500 M HF is titrated with a standardized 0.1118 M solution...

A 35.00 mL solution of 0.2500 M HF is titrated with a standardized 0.1118 M solution of NaOH at 25 degrees C.

a.) What is the pH of the HF solution before titrant is added?

b.) How many mL of titrant are required to reach the equivalence point?

c.) What is the pH of 0.50 mL before the equivalence point?

d.) What is the pH at the equivalence point?

e.) What is the pH at 0.50 mL after the equivalence point?

In: Chemistry