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.

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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

   The pretax financial income (or loss) figures for Jerry Springer Company are as

   follows.

               2009          $210,000

               2010            180,000

               2011            140,000

               2012           (220,000)

               2013           (230,000)

               2014              90,000

               2015            115,000

   Pretax financial income (or loss) and taxable income (or loss) were the same for all

years involved. Assume a 40% tax rate for 2009 and 2010 and a 35% tax rate for the

remaining years.

   Instructions:

      Prepare the journal entries for the years 2011 to 2015 (5 years) to record income tax

      expense and the effects of the net operating loss carry-backs and carry-forwards

      assuming Jerry Springer Company uses the carry-back provision. All income and

      losses relate to normal operations. (In recording the benefits of a loss carry-forward,

      assume that no valuation account is deemed necessary.)

Prepare a research paper of 3-4 pages in length

From the data set and the research question that has been presented, prepare a research paper in the following format.

1. Your introduction

3. Test Methodology Used

4. Analysis (meaning) of the data

5. Outcomes

6. Summary.

Research question:

Why has the number of Covid- 19 (Corona Virus) cases continued to be on the increase in India despite massive sensitization by the government?

katie had a before-tax income of $40,000 and paid taxes of $6,000. Ramesh had a before tax income of $35,000 and paid taxes of $5,250. Based on this information, the tax system is .....

a.regressive for all income levels below $40,000

b. proportional

c. progressive

d. based on the benefits-received principle

e. regressive for income levels between $35,000 and $40,000

Placid Lake’s 2015 net income before consideration of its relationship with Scenic (and before adjustments for intra-entity sales) was $300,000. Scenic reported net income of $110,000. Placid Lake declared $100,000 in dividends during this period; Scenic paid $40,000. At the end of 2015, selected figures from the two companies’ balance sheets were as follows: Placid Lake Scenic Inventory . . . . . . . . . . . . . . . . . . . . . . . $140,000 $ 90,000 Land . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 200,000 Equipment (net) . . . . . . . . . . . . . . . . . . 400,000 300,000 During 2014, intra-entity sales of $90,000 (original cost of $54,000) were made. Only 20 percent of this inventory was still held within the consolidated entity at the end of 2014. In 2015, $120,000 in intra-entity sales were made with an original cost of $66,000. Of this merchandise, 30 percent had not been resold to outside parties by the end of the year. Each of the following questions should be considered as an independent situation for the year 2015. a.What is consolidated net income for Placid Lake and its subsidiary? b.If the intra-entity sales were upstream, how would consolidated net income be allocated to the controlling and noncontrolling interest? c.If the intra-entity sales were downstream, how would consolidated net income be allocated to the controlling and noncontrolling interest? d.What is the consolidated balance in the ending Inventory account? e.Assume that no intra-entity inventory sales occurred between Placid Lake and Scenic. Instead, in 2014, Scenic sold land costing $30,000 to Placid Lake for $50,000. On the 2015 consolidated balance sheet, what value should be reported for land? f.Assume that no intra-entity inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2014, Scenic sold equipment (that originally cost $100,000 but had a $60,000 book value on that date) to Placid Lake for $80,000. At the time of sale, the equipment had a remaining useful life of five years. What worksheet entries are made for a December 31, 2015, consolidation of these two companies to eliminate the impact of the intra-entity transfer? For 2015, what is the noncontrolling interest’s share of Scenic’s net income?

Comparative financial statements for Wildhorse and Novak Ltd. are shown below.

Additional information:

(a)

Calculate all possible liquidity, solvency, and profitability ratios for 2021 and 2020. (Round answers for Collection period, Days sales in inventory, Operating cycle and Free cash flow to 0 decimal places, e.g. 125. Round answer for Earnings per share to 2 decimal places, e.g. 12.50. Round all other answers to 1 decimal place, e.g. 12.5 or 12.5%. Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Comparative financial statements for Oriole and Cheyenne Ltd. are shown below.

Additional information:

(a)

Calculate all possible liquidity, solvency, and profitability ratios for 2021 and 2020. (Round answers for Collection period, Days sales in inventory, Operating cycle and Free cash flow to 0 decimal places, e.g. 125. Round answer for Earnings per share to 2 decimal places, e.g. 12.50. Round all other answers to 1 decimal place, e.g. 12.5 or 12.5%. Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Presented below are selected transactions at Blue Spruce Company for 2020.

Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Blue Spruce Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2019.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Assume that a small and poor DVC has an a population of 17,000 and a total national income of $3.7 million.

a) If the population grows by 4% during the year, while the total national income grows 3%, what will be the new per capita?

b) If the population didn't grow, but income still grew by 3%, what would be the per capita?

Question 1 options:

Compare a hypothetical DVC with a hypothetical IAC. In the DVC, average per capita income is $5000 per year. In the IAC, average per capita income is $42,000 per year. If both countries have a savings rate of 8 percent per year, what is the savings amount per person per year?

Question 2 options:

Assume a DVC and an IAC currently have real per capita outputs of $3000 and $30,000, respectively. Further assume that both nations have a 2% increase in their real per capita outputs.

a) Find the per capita for each country.

b) Calculate the output gaps before and after the growth.

Question 3 options:

Suppose it takes a minimum of 5 units of food to keep a person alive for a year, the population can double itself every 10 years, and the food supply can increase every 10 years by an amount to what it was in the beginning (year 0). In Year 0, the food supply is 300 units, and the population is 15. Create a table to answer the following questions

a) In the 40th year, does the food supply meet the needs of the population?

b) In the 60th year, does the food supply meet the needs of the population?

c) In year 80, what does the size of the population needs to be in order to not run out of food?

Question 4 options: