The Swiss luxury watches brand Lolex has calculated that its male model FormulaONE has an income elasticity of around +1.5. In 2018 sales of 400 units of its FormulaONE watches in UK brought in £3 million to the company. The sales director of Lolex for the UK market has just received a brief with official economic forecast data for the UK economy in 2019. It says that the most optimistic independent forecast for 2019 real incomes is a change of +4% meanwhile the most pessimistic is -2%. The sales director has decided that there will be no price changes for the coming year.
1. Calculate the best case forecast for Lolex FormulaONE watches sales in UK in £s in 2019 (real incomes increase by 4%).Optimistic forecast
2. Calculate the worst case forecast for Lolex FormulaONE watches sales in UK in £s in 2019 (real incomes fall by 2%). Pessimistic forecast
In: Accounting
You have the following historical annual total returns on Terlingua Oil & Gas Exploration:
| Year | Annual total return (%) |
| 2001 | 8% |
| 2002 | -8% |
| 2003 | 17% |
| 2004 | 20% |
| 2005 | 13% |
| 2006 | 4% |
| 2007 | -4% |
| 2008 | 5% |
| 2009 | -5% |
| 2010 | 5% |
Calculate the sample standard deviation of annual return.
Do not round at intermediate steps in your calculation. Express your answer in percent. Round to two decimal places. Do not type the % symbol.
In: Finance
|
Number of Certified Organic Farms in the United States, 2001–2008 |
|
| Year | Farms |
| 2001 | 6,775 |
| 2002 | 7,163 |
| 2003 | 7,848 |
| 2004 | 7,819 |
| 2005 | 8,290 |
| 2006 | 9,205 |
| 2007 | 10,711 |
| 2008 | 12,068 |
Linear yt = _______ xt + __________
Quadratic yt = ______ xt^2 + ___________ xt + __________
Exponential yt = __________e-------x
Use each pf the three fitted trend equations to make numerical forecasts for the next 3 years.
| t | Linear | Exponential | Quadratic |
| 9 | ? | ? | ? |
| 10 | ? | ? | ? |
| 11 | ? | ? | ? |
In: Statistics and Probability
Find both the arithmetic growth rate and the geometric growth rate of the dividends for Queen Bee Limited.
|
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
|
|
Dividend |
$10.76 |
$12.28 |
$13.01 |
$14.23 |
$15.18 |
$16.72 |
$17.11 |
$18.26 |
$18.61 |
$17.64 |
What is the arithmetic growth rate of the dividends for Queen Bee Limited?
(Round to two decimal places.)
What is the geometric growth rate of the dividends for Queen Bee Limited?
(Round to two decimal places.)
In: Finance
ou have the following historical annual total returns on Terlingua Oil & Gas Exploration:
Year Annual total return (%)
2001 -9%
2002 -2%
2003 19%
2004 3%
2005 2%
2006 4%
2007 7%
2008 -8%
2009 5%
2010 3%
Calculate the sample standard deviation of annual return. Do not round at intermediate steps in your calculation. Express your answer in percent. Round to two decimal places. Do not type the % symbol.
In: Finance
From 1997-2006, the returns on Magni were as follows, Using Blume's Formula:
| 1997 | 15.83% |
| 1998 | -8.63% |
| 1999 | 12.04% |
| 2000 | 3.61% |
| 2001 | -6.66% |
| 2002 | 13.95% |
| 2003 | 10.21% |
| 2004 | -16.96% |
| 2005 | 5.90% |
| 2006 | 11.21% |
A. What would be the 1-year average forecast?
B. What would be the 2-year average forecast?
C. What would be the 6-year average forecast?
D. What would be the 10-year average forecast?
In: Finance
On 2002/4/1, Peter borrowed $2000, agreeing to pay interest at 6%/year compounded monthly. He paid $400 on 2004/9/1 and $500 on 2008/11/1. He will make two more payments on 2011/10/01 and 2013/7/01, with the payment on 2011/10/01 being 20% higher than that on 2013/7/01. What payment will he make on 2013/7/01? Remark: Dates are given in the format YYYY/MM/DD.
In: Advanced Math
1. The comparative income statement of Lawn Products, Inc. showed sales of $325,000 in 2004 and $494,450 in 2005. Compute the percentage of net change in sales. (Round answer to one decimal place.)a. 52.1%b. 34.3%c. 48.5%d. 65.7%
2. The balance sheet of Food Products, Inc. showed owners' equity of $200,000 in 2001 and $320,000 in 2002. Compute the percentage of increase in owners' equity. (Round answer to one decimal place.)a. 37.5%b. 62.5%c. 60.0%d. 38.4%
In: Accounting
Helen Parish started a design company on January 1, 2016. On April 1, 2016, Parish borrowed cash from a local bank by issuing a one-year $42,400 face value note with annual interest based on an 12 percent discount. During 2016, Parish provided services for $37,950 cash. Required Answer the following questions. Record the events in T-accounts prior to answering the questions. (Select "1, 2, or 3" for the transactions in the order they take place. Round your answers to nearest dollar amount.) a. What is the amount of total liabilities on the December 31, 2016, balance sheet? (Round your answer to nearest dollar amount.) b. What is the amount of net income on the 2016 income statement? (Round your intermediate calculations and final answer to nearest dollar amount.) c. What is the amount of cash flow from operating activities on the 2016 statement of cash flows? d. Provide the general journal entries necessary to record issuing the note on April 1, 2016; recognizing accrued interest on December 31, 2016; and repaying the loan on March 31, 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest dollar amount.)
In: Accounting
Criminal Justice - short writting- Plea bargaining
Between 2002 and 2004, Ariel Castro kidnapped three young women and held them prisoner in his Cleveland, Ohio home. Held against their will for ten years, the women were beaten, raped, and starved. In May 2013, one of the women screamed for help when she saw neighbors through a screen door. Hours later, the two other women were rescued and Castro was arrested. Over the course of two months, 977 charges were brought against Castro including kidnapping, rape, and aggravated murder for the intentional induction of five miscarriages. Castro pled guilty to 937 of the 977 charges in a plea bargain that spared him the death penalty.
As we noted in Chapter 10, prosecutors, defense attorneys, and defendants often agree to plea bargains, in which the prosecutor and the defense work out a mutually satisfactory agreement that is subject to court approval. In this case, Castro pled guilty to the kidnapping, rape, and aggravated murder charges in exchange for consecutive life sentences, plus 1,000 years with no eligibility for parole. He subsequently committed suicide while in prison. Conduct some independent research on this case. Considering what you have learned about plea bargaining in Chapter 10 (Criminal justice by siegel) , please answer the following:
How could a man in a urban area kidnap and hold 3 women against their will for 10 years? Was this case an example of the effective use of plea bargaining? Explain.
(250 word minimum response required)
In: Psychology