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). 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 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 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
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 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 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 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 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 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