Consider the following abbreviated financial statements for Parrothead Enterprises:

a.Owners' equity 2017

Owners' equity 2018

b.Change in NW

Cc-1.Fixed assets sold

c-2.Cash flow from assets

d-1.Debt retired

d-2.Cash flow to creditors

The table below lists the prices and quantities consumed of three different goods from 2017−2019.

a. For 2017, 2018, and 2019, determine the amount that a typical consumer pays each year to purchase the quantities listed in the table above.

Instructions: Round your answers to the nearest whole number.

Instructions: Round your answers to two decimal places.

b. The percentage change in the amount the consumer paid is 8.88% from 2017 to 2018, and 73.46% from 2018 to 2019.

Instructions: Round your answers to two decimal places.

d. Suppose we take 2017 as the base year, implying that the market basket is fixed at 2017 consumption levels. Using 2017 consumption levels, the rate of inflation was ? % from 2017 to 2018, and ? % from 2018 to 2019.

Instructions: Round your answers to two decimal places.

e. Repeat the exercise from part d, now assuming that the base year is 2018. Using 2018 consumption levels, the rate of inflation is ? % from 2017 to 2018, and ? % from 2018 to 2019.

f. Your answers from parts d and e were different because : the base years put different weights on the goods prices have changed or the base years have the same consumption quantities or income has changed.

Compute the average annual rate of inflation that prevailed between 1980 and 2018. The CPI in 1980 is 32.81; ?1980=32.81, and the CPI in 2018 is 100; ?2018=100. Please begin with a general formula to compute the average annual rate.

An insurance company’s database includes a variable, DAMAGE, that records, for each customer claim of automobile damage due to hail, the severity of the damage to the car. DAMAGE is recorded as 1 = minor damage, …, 5 = totaled. Also in the data table is DAY, the day of the week of the hail damage (Monday, Tuesday, …). One of the following graphs is an appropriate way to display the association between DAMAGE and DAY. Which one?

a. Cross-tabulation

b. Scatterplot

c. Side-by-side boxplots

“…Many different departments within an organization now require access to the same data.
With conventional file processing, data are often duplicated in multiple files. Often
data are stored in different formats in each of the files in which they are stored. On
occasion, data which are stored in multiple files do not agree and time has to be
expended to resolve these differences. (Sourced from an Academic journal)

List and illustrate 2 benefits of a suitable database system to support a business like this.

After Year 3, the investors are interested in your company expanding internationally to possibly outsource labor or to reduce manufacturing costs. What countries would you expand to first, and why? What factors would you need to consider in making this decision?

What is the corporate tax rate in the countries you are considering expanding your business to, and how will that affect your decision to expand globally? (Use OECD Database or another resource to determine the corporate tax rate).

For the following situation identify the sampling method used.

The Florida Fish and Wildlife Conservation Commission manatee mortality database website has information on cause of death and size for all manatees killed off Florida waters.We decide to divide the cause of death into watercraft, natural causes, stress, and other. Within each of these groups, a random sample of 25 manatees are selected.

Using linear regression, model the following data. The table contains world internet users in millions (Source: International Telecommunication Union; ICT database). Model the data as a linear function. Note the x and y are tabulated. Your answer needs to be an equation in the form y = mx + b