2. Let x be the number of years after 2007 and y represent the number of students enrolled at WWCC. Answer the following given the data that enrollment was 2055 in the year 2007, 2244 in 2008, 2512 in 2009, 2715 in 2010, and 2765 in 2011.

(a) Find the least-squares line for the data using Excel and submit your file in Canvas.

(b) Using partial derivatives, verify the formula you obtained in Excel.

(c) Find the least-squares error E

QUESTION 13

SECTION 1
Because deflation is so costly, some have argued that setting an inflation target at 2 percent is too low and it should be set higher, to 3 percent, especially in the economic environment of 2007–2010.

1. Consider the impact of such an increase in the inflation target using the AD/AS framework in the short and long run. Begin your analysis in the long-run equilibrium.
2. How would you change your answer if expectations are rational and the FED is credible?

I have figured out the risk premium and average risk premium for the question below. I'm having trouble figuring out what the standard deviation of the risk premium is. 2006 18.67 7.50 2007 9.01 7.16 2008 −39.83 2.80 2009 30.90 0.80 2010 20.56 0.92 The average risk premium is 4.03% but can't figure out how to calculate standard deviation of the risk premium.

Yes, an excel function will do.

Thank you.

1. The first bitcoin transaction was conducted on January 12th 2009. In its early days, the value of bitcoins were practically zero (In March 2010, a user auctioned 10,000 bitcoins for a total of $50 but no buyer was found.) By December 17th, 2017, the price of bitcoin has reached an all-time high of $19,783. As of today (March 12, 2019), its price is $3,858.

a. In what ways is bitcoin similar to a Ponzi scheme?

b. In what ways is bitcoin different?

Using the Vehicle Ratings Excel file, create formulas using nested IF, AND, and OR functions to implement the three rating schemes described on the spreadsheet.

Total Solution Ltd. is rendering its service on Network Solution to two types of customers: Company and Household. It categorised its operating department into: Company-Service and Household Service. Total Solution Ltd. also has two support departments: Administration (Admin) and Technician (Tech). Each of the operating departments conducts its operations independently. Total Solution Ltd. uses the number of technician’s hours used to allocate Tech costs and the number of admin staff used to allocate Admin costs. The following data are available for May 2020. Support Departments Operating Departments Admin Tech Company Household Budgeted costs $1,355,000 $3,200,000 $5,000,000 $4,000,000 Budgeted processing time (in min) 1,000 --- 1,600 2,400 Number of employees --- 15 9 36 Required (show your workings): Allocate the cost from support department to operating department and determine the total budgeted cost of each operating department after the cost has been allocated from the support department using the following method:

(a) Direct method

(b) Step-down method if the support department with highest dollar amount is allocated first. (c) Reciprocal method (using linear equation)

Suppose you are considering purchasing RadRover 5, the electric fat bike of the year 2020, that retails at a price of $1600. The bike dealer offers you the following financing scheme. Pay $600 as down payment today and finance the remainder $1000 from the dealer at 200% EAR, with daily compounding. You are required to repay the amount financed in 30 equal daily payments starting tomorrow. The scheme also comes with an option to “extinguish” the loan anytime during the next month by repaying the outstanding balance at the start of a day in one lump sum payment.

      A) What is the daily payment amount that you will have to pay to the dealer?

   B) Your elder brother has agreed to help you extinguish the loan if you can demonstrate to him that you can make regular loan payments for at least 4 consecutive days. How much will it cost your brother to extinguish the loan at the start of day 5 if you have already made first of your 4 daily payments.

C) How much profit (at the end of next month) would the dealer make over and above the $1600 retail price if you made all the promised payments?

Bramble Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2020. The terms of acquisition for each truck are described below.

Prepare the appropriate journal entries for the above transactions for Bramble Corporation.

thanks!

The trial balance of Scan House, Inc. included the following selected accounts as of December 31, 2020: Debits Credits Sales Revenue 16,755,000
Interest Revenue 75,000 Gain on sale of investments 150,000 Unrealized gains on investments 200,000 Other Income * 1,200,000 Foreign currency translation losses 125,000 Cost of Goods Sold 11,635,000
Selling expenses 975,000 Goodwill impairment loss 550,000 Interest Expense 60,000 Administrative Expense** 780,000 Loss on sale of land 225,000 Dividends declared 175,000   
Additional information:

* Other Income consists of income from discontinued operations. This includes $900,000 of income from operations and a $300,000 gain on the sale of investments.
** Administrative expense includes a $150,000 expense that was a correction of an error made in the 2018 Income Statement, but discovered during 2020.
Retained Earnings balance: January 1, 2020 = $725,000.
ScanHouse had 600,000 shares of common stock outstanding throughout the year and 1,000,000 shares of common stock authorized. Income tax expense had not yet been accrued. The effective tax rate is 21%.

Required: 1. Prepare a single, continuous 2020 statement of comprehensive income for Scan House, Inc., including income tax expense and Earnings Per Share (EPS). Use a multiple-step income

2. Prepare a 2020 statement of retained earnings for Scan House, Inc.