Shown below are rental and leasing revenue figures for office machinery and equipment in the United States over a 7-year period according to the U.S. Census Bureau. Use this data and the regression tool in the data analysis tool pack to run a linear regression. Based on the formula you get from the regression output, answer the following questions: a) What is the forecast for the rental and leasing revenue for the year 2011? b) How confident are you in this forecast? Explain your answer by citing the relevant metrics. Year Rental and Leasing ($ millions) 2004 5,860 2005 6,632 2006 6,543 2007 5,952 2008 5,732 2009 5,423 2010 4,589
can the answer be typed out please?
In: Advanced Math
Lakonishok Equipment has an investment opportunity in Europe. The project costs €14 million and is expected to produce cash flows of €2.2 million in Year 1, €2.8 million in Year 2, and €3.7 million in Year 3. The current spot exchange rate is $1.37/€ and the current risk-free rate in the United States is 3.0 percent, compared to that in Europe of 2.2 percent. The appropriate discount rate for the project is estimated to be 10 percent, the U.S. cost of capital for the company. In addition, the subsidiary can be sold at the end of three years for an estimated €9.2 million.
What is the NPV of the project? (Do not round intermediate calculations and enter your answer in dollars, not in millions, rounded to 2 decimal places, e.g., 1,234,567.89.)
In: Finance
A chemical process is licensed to produce high-octane, low Sulphur blend-stocks domestically and internationally. Halliburton industries has newly licensed the process costing $1 million per system at its Moscow, Houston and Abu Dhabi refinery service operations. Russia requires a 10-year, straight line recovery with 10% salvage value. The United States allows a 7-year MACRS recovery with no salvage value considered. The UAE allows a 7-year recovery with switching from DDB to SL method and no salvage value considered. Which of the country’s methods has the largest PW of depreciation at an interest rate of 15% per year? Make sure to use Excel functions
In: Finance
What are the three economic questions that every society must answer? How are they typically answered in a mixed economy like the United States? Provide examples and explain your answer.
Economics assumes that people act rationally. What does this mean? Why is this assumption made? Provide examples and explain your answer.
What is the Law of Demand? Explain the difference between a change in demand and a change in the quantity demanded. Provide an example from the gasoline market.
Other than price, what are the determinants of supply? Provide three examples from the consumer market for gasoline.
What does market equilibrium mean? Provide two examples of how market equilibrium in the consumer market for gasoline market could change.
In: Economics
Lakonishok Equipment has an investment opportunity in Europe. The project costs €14 million and is expected to produce cash flows of €2.2 million in Year 1, €2.8 million in Year 2, and €3.7 million in Year 3. The current spot exchange rate is $1.37/€ and the current risk-free rate in the United States is 3.0 percent, compared to that in Europe of 2.2 percent. The appropriate discount rate for the project is estimated to be 10 percent, the U.S. cost of capital for the company. In addition, the subsidiary can be sold at the end of three years for an estimated €9.2 million. What is the NPV of the project? (Do not round intermediate calculations and enter your answer in dollars, not in millions, rounded to 2 decimal places, e.g., 1,234,567.89.)
In: Finance
1. The currency of the European Union is the Euro (€). Consider a 2.0% annual interest rate in the United States, 0.0% interest rate from the European Central Bank (ECB), a spot exchange rate of 1.117 $ per €, and a futures exchange rate for 1.140 $ per € for delivery 12 months from now.
If you were to take $1,000,000 from the U.S. and deposit in a European bank for one year, you would be able to conduct the covered carry trade and earn a risk-free return in excess of $1,000.
TRUE or FALSE
2. If you believe interest rates will rise and you want to make a speculative futures trade to profit off this expectation, you should go LONG futures.
TRUE or FALSE
In: Economics
In an interview in Spiegel Online, economist Jeffrey Miron says, “If it legalized drugs, the United States could save $85 billion to $90 billion per year. Roughly half that is spent on the current drugs policy and half that is lost in taxes that the state could have levied on legal drugs.” Exact dollar figures aside, comment critically on this statement from the point of view of the principles of benefit cost analysis that we have discussed.
A. Explain why or why not.
B. Would the earned tax revenue be a benefit of decriminalization and legalization? Explain why or why not.
C. Oh, and should we count the profits of legitimate marijuana sellers as a benefit, or would they just be displacing the profits of illegal marijuana sellers?
In: Economics
Student Activity 6-4
Discussion Questions
The following are suggested discussion questions for chapter 6 Long Term Care Services - BASICS OF THE U.S. HEALTH CARE SYSTEM - Nancy J.Niles. 4th edition
Do you know anyone who uses long-term care services? Why do they need them?
Do you think the Village Movement is a good idea? Provide statistics to support your answer.
Pick two historical events that you think influenced the development of long-term care in the United States.
Discuss the Green House project and its impact on the elderly population.
Discuss the Supreme Court's Olmstead decision. Do you support this decision? Why or why not?
In: Nursing
1. Adult men have heights with a mean of 69.0 inches and a standard deviation of 2.8 inches. Find the z-score of a man 68.8 inches tall. (to 2 decimal places)
2. In the country of United States of Heightlandia, the height
measurements of ten-year-old children are approximately normally
distributed with a mean of 56.5 inches, and standard deviation of
1.2 inches.
A) What is the probability that a randomly chosen child has a
height of less than 57.9 inches?
Answer= _______(Round your answer to 3 decimal places.)
B) What is the probability that a randomly chosen child has a
height of more than 53.9 inches?
Answer= _______(Round your answer to 3 decimal places.)
In: Statistics and Probability
1. Which statement is correct about the U.S. Public Health Service Corps?
A. They provide support to the U.S. Surgeon General.
B. Nearly 7,000 public health professionals are stationed within federal agencies and programs.
C. They can be dentists, nurses, physicians, and other healthcare professionals.
D. All of these are correct.
2. The U.S. Constitution gives local government the primary role in healthcare for their citizens. They also license health professionals such as physicians, dentists, chiropractors, nurses, pharmacists, optometrists, and veterinarians who practice within their jurisdiction.
a. True
b. False
3. FEMA which is responsible for responding to natural and manmade disasters in the United States, is under the umbrella of the Department of Homeland Security.
a. True
b. False
In: Nursing