Use the following information to complete this exercise: sales, 850 units for $21,600; beginning inventory, 600 units; purchases, 700 units; ending inventory, 450 units; and operating expenses, $7,600. Required: 1. Complete the table for each situation. In Situations A and B (costs rising), assume the following: beginning inventory, 600 units at $10 = $6,000; purchases, 700 units at $12 = $8,400. In Situations C and D (costs falling), assume the opposite; that is, beginning inventory, 600 units at $12 = $7,200; purchases, 700 units at $10 = $7,000. Use periodic inventory procedures.

Answer must be in three full paragraphs with one resource given

The age-old saying for investing is “buy low and sell high,” but this is easier said than done. Investors who are scared of falling prices sell their investments, which in turn lowers the price and then creates a snowball effect. Consider a situation where all of your investments are exposed to the stock market and prices are starting to fall. You do not need the money until retirement, which is in 20 years. How would you react to this situation and why? If you decide to sell, what would you purchase instead

(Analyzing liquidity) (Related to Checkpoint 4.1 on page 87 ) Apex Fabricating, Inc., manufactures fenders and other after-market body panels for older automobiles. At the close of last year, the firm had $10,381,800 in current assets and $4,152,720 in current liabilities. The company’s managers want to increase its inventory, which will be financed using short-term debt. How much can the firm increase its inventory, financing it with short-term borrowing, without its current ratio falling below 2.0 (assuming all other current assets and current liabilities remain constant)?

Use the CO2 data and via Multiple regression select the two variables that predict the CO2 level with the best P-value. Make another table with these two variables and answer the questions. Numerical answers are rounded so choose the answer that matches the best:

Hour CO Traffic Wind

1 2.4 50 -0.2

2 1.7 26 0.0

3 1.4 16 0.0

4 1.2 10 0.0

5 1.2 12 0.1

6 2.0 41 -0.1

7 3.4 157 -0.1

8 5.8 276 -0.2

9 6.8 282 0.2

10 6.6 242 1.0

11 6.3 200 2.3

12 5.8 186 3.8

13 5.5 179 4.6

14 5.9  178 5.4

15 6.8 203 5.9

16 7.0 264 5.9

17 7.4 289 5.6

18 7.4 308 4.9

19 6.4 267 3.8

20 5.0 190 2.5

21 3.8  125 1.4

22 3.5 120 0.6

23 3.3 116 0.4

24 3.1 87 0.1

Answer the questions for Assessment:

13. What are the two selected variables? a. Hour and Traffic b. Wind and Traffic c. Hour and Wind

14. Which of the variables has a better P-value and what is this P-value? (Note: numbers are truncated.) a. Traffic; 0.018 b. Traffic; 6.85E-12 c. Wind; 0.0056 d. Wind; 0.174

15. Based on the table, how would you characterize the Regression fit? a. Poor b. Good c. Excellent

16. What is another name for the coefficient 1.274461 and what is its interpretation based on the data? a. The X-intercept; when the average weekday traffic density and the perpendicular wind-speed component are zero.

b. The slope of an average summer weekday's CO2 concentration. It is how much the CO2 concentration will increase when both the average weekday traffic density and the perpendicular wind-speed component increase by 1 unit.

c. The Y-intercept; It is how much the CO2 concentration will increase when both the average weekday traffic density and the perpendicular wind-speed component are zero.

d. The Y-intercept; it is the average summer weekday CO2 concentration when the average weekday traffic density and the perpendicular wind-speed component are zero.

e. None of these

3) explain the effect of expansionary domestic monetary policy in a country with fixed exchange rates. explain the linkages as the money moves through the economy and has its effects on the capital and current accounts as well as on domestic spending. Is the monetary policy enhanced or made weaker by the fixed exchange rate? explain

4) explain the effect of expansionary domestic fiscal policy in a country with fixed exchange rates. explain the linkages as the changes move through the economy and have their effects on the capital and current accounts as well as on domestic spending. Is the fiscal policy enhanced or made weaker by the fixed exchange rate? explain

Discussion: Types of Tax

After considering the "Types of Tax" PPT, please propose a general set of Income, Consumption, Wealth or other taxes at Federal, state or local level with rates for each which you consider would be best for the United States at this time. Please justify your choices by citing evidence from reliable outside sources. It is understood that this is only the revenue side of government (in Intro to Econ courses, taxes is included in Micro and spending in Macro -- go figure), but obviously if taxation changes, this has an impact on the spending side, at least in terms of whether there is a surplus or deficit.

1.    Suppose you’re told that C = 50 + 0.8Y_d, M = .12Y, and T = 0.1Y.

a. What is the numerical value of the open economy multiplier?    (5.5 points)

b. By how much would the equilibrium level of national income increase if government spending increased by $20 billion?   

c. What would be the change in the level of imports if investment spending increased by $20 billion?

d. Suppose X – M = 0 in the initial equilibrium. If autonomous exports, X, increase by $10 billion (while all other exogenous variables are unchanged), what is the new equilibrium value of X – M?