The following data set provides information on acres harvested and planted by year and value in the US. Year ASPARAGUS - ACRES HARVESTED ASPARAGUS - ACRES PLANTED 2015 21,700 23,500 2014 23,800 25,800 2013 24,500 26,800 2012 25,300 27,800 2011 26,800 28,400 2010 28,000 29,200 2009 29,200 30,700 2008 32,200 33,700 2007 38,600 40,900 2006 43,200 44,700 2005 49,300 51,700 2004 61,500 66,000 2003 58,000 62,000 2002 66,000 70,500 2001 70,150 75,150 2000 77,400 82,800 1999 75,890 79,590 1998 74,430 From the data set, use the planting data for the United States for recent years. Using a calculator or statistical software, find the equation for the linear regression line for 2010 to 2015. What is the y-intercept?

1. John Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $500,000. He estimates that the boat he wants will cost $400,000 when he retires in 5 years. How much of his inheritance must he invest at an annual rate of 10% (compounded annually) to buy the boat at retirement?
2. On January 15, 2010, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2014, at an estimated cost of $5,000,000. Dolan plans to make four equal annual deposits in a fund that will earn interest at 8% compounded annually. The first deposit was made on July 1, 2010. Dolan should make four annual deposits of ?

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

Year   Percentage
2000   27
2001   29
2002   35
2003   42
2004   45
2005   49
2006   55
2007   59
2008   61
2009   67

​b) Calculate the MAD for the forecast in part a. ​(Round to two decimal places as​ needed.)

​d) Calculate the MAD for the forecast in part c (Round to two decimal places as​ needed.)

In 2010 Casey made a taxable gift of $6.8 million to both Stephanie and Linda (a total of $13.6 million in taxable gifts). Calculate the amount of gift tax due this year and Casey’s unused exemption equivalent under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.)

c. This year Casey made a gift worth $16.8 million to Stephanie. Casey is married to Helen in a common-law state, and the 2010 gift was the only other taxable gift he or Helen has ever made. Casey and Helen elect to gift split.

In a construction project today, 600 square meters of thermic isolation is required. Main inputs consist of styro-foam and labor. In 2010, the cost of styro-foam was $8 per kg, knowing that the isolation used weighs 12 kilograms per 50 square meter. The cost index in 2010 was 190 while today in 2017 it is equal to 180. The estimated labor cost for a first installation is $27000. Past experience has shown that the cost related to the labor required for producing each new pump is lowered by 20%. Use the cost of the sixth installation as your standard cost to estimate the total direct labor cost, if the project needs 10 installations per each square meter. Calculate the total cost of the installed thermic isolation for this project.

2. Consider an economy that produces and consumes bread and automobiles. In the following table are data for two different years.

(a) Using 2000 as the base year, compute the following statistics for each year: nominal GDP, real GDP, the implicit price deflator for GDP, and a fixed-weight price index such as the CPI.

(b) How much did prices rise between 2000 and 2010? Compare the answers given by the Laspeyres and Paasche price indexes. Explain the difference.

(c) Suppose you are a senator writing a bill to index Social Security and federal pensions. That is, your bill will adjust these benefits to offset changes in the cost of living. Will you use the GDP deflator or the CPI? Why?

What is the weighted average accumulated expenditure?

What is the avoidable interest?

All interest are paid in cash on December 31^st. Prepare the journal entry to record cash payment of interest, the capitalization of interest and the recognition of interest expense, if any, at December 31, 2010.

In September 2000, each student in a random sample of 100 chemistry majors at a large university was asked in how many lab classes he or she was enrolled. The results indicated a mean of 1.65 lab classes and a standard deviation of 1.39. To determine whether the distribution changed over the past 10 years, a similar survey was conducted in September 2010 by selecting a random sample of 100 chemistry majors. The results indicated a sample mean of 1.82 and a standard deviation of 1.51. Do the data provide evidence that the mean number of lab classes taken by chemistry majors in September 2000 is different from the mean number of lab classes taken in 2010? Perform an appropriate statistical test using α = 0.02. (10 points)SHOW ALL WORK.

Suppose retailers would like to forecast the percentage of customers who plan to purchase gift cards during the upcoming holiday season. The following data show this percentage from 2002 to 2009. The data is as follows:

Perform the following:

1. Using a 3-period simple moving average, forecast the percentage of holiday shoppers who will purchase a gift card in 2010.

-

2. Calculate the MAD for the forecast in part a.

3. Using a 3-period weighted moving average with the weights 5, 3, and 1, forecast the percentage of holiday shoppers who will purchase a gift card in 2010.

4. Calculate the MAD for the forecast in part c.

5. In which forecast do you have the most confidence?

On January 1, 2010, Paprika Company Purchased 90% of the outstanding common stock of sage company by issuing 30,000 shares of its $10 par ($60 market value) common stock $ 150,000 other contributed capital, $1,060,000; and retained earnings, $120,000. Paprika company paid more than the book value of the net assets because of the recorded cost of sage company’s land was signed less than its fair value (which accounts for the entire difference) During 2010 Sage Company Lost 100000 and declared and paid 70000 dividend Company used Partial Equity Method to record its investment in Sage Company A. Prepare the investment related entries on Paprika company’s books for 2011 B. Prepare the CAD C. Prepare the work paper eliminating entries for a workpaper on December