1. Forecast the price index for Q3 2018 using a​ two-period simple moving average.

(Round to two decimal places)

2. Calculate the MAD for the forecast in part a

(Round to two decimal places)

3. Forecast the price index for Q3 2017 using a​ three-period simple moving average.

(Round to two decimal places)

4. Calculate the MAD for the forecast in part c.

(Round to two decimal places)

I need a really detailed answer

Egyptian Pound went through some volatility since it was floated in November 2016 until today. This could be broken down in 4 main phases as follows:

Phase 1: From floatation till June 2018

Phase 2: From June 2018 - December 2018

Phase 3: From January 2019 - February 2020

Phase 4: Coronavirus worldwide outbreak

what happened during each of the above 4 phases and in full details how these factors impacted the EGP exchange rate versus the Dollar?

I need a really detailed answer

Egyptian Pound went through some volatility since it was floated in November 2016 until today. This could be broken down in 4 main phases as follows:

Phase 1: From floatation till June 2018

Phase 2: From June 2018 - December 2018

Phase 3: From January 2019 - February 2020

Phase 4: Coronavirus worldwide outbreak

what happened during each of the above 4 phases and in full details how these factors impacted the EGP exchange rate versus the Dollar?

In 2018, Wilma Way’s sole proprietorship, WW Bookstore, generated $120,000 net profit. In addition, Wilma recognized a $17,000 gain on the sale of business furniture and shelving, all of which was recaptured as ordinary income. The business checking account earned $960 interest income.

Compute Wilma’s 2018 self-employment tax.

Compute Wilma's allowable Section 199A deduction, assuming $43,000 of W-2 wages and $90,000 unadjusted basis of tangible depreciable property.

Compute Wilma’s 2018 taxable income from her bookstore activity.

Lance-Hefner Specialty Shoppes decided to use the dollar-value LIFO retail method to value its inventory. Accounting records provide the following information:

Related retail price indexes are as follows:

Required:

Ending inventory at retail:____

Ending inventory at cost:____

Cost of Goods sold:____

The Bradford Company issued 8% bonds, dated January 1, with a face amount of $50 million on January 1, 2018 to Saxton-Bose Corporation. The bonds mature on December 31, 2022 (5 years). For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on June 30 and December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

Required:
1. to 3. Prepare the journal entry to record the purchase of the bonds by Saxton-Bose on January 1, 2018, interest revenue on June 30, 2018 and interest revenue on December 31, 2018 (at the effective rate). (Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

The prepaid insurance account has an unadjusted balance of $46,000 at December 31, 2018, the end of Hanson Company's accounting year. Insurance expense has an unadjusted $2,000 balance at the same point in time. Some policies that were in effect have expired. Some of those were renewed and some were not. The following policies are in effect at December 31, 2018:

Policy                                                                 Date                 Policy            Total Premium

  Type                                                               Acquired             Term         Paid when acquired

Liability                                                              1-31-17          2 years         $48,000

Auto                                                                   6-30-18             2 years             9,000

Business interruption 8-1-18              1 year                 840

1. Determine the adjusted balance in prepaid insurance at December 31, 2018.

2.Determine the amount of total insurance expense (you need not separate the expense by policy type) to report on the income statement for the year ended December 31, 2018.

In 2018, North Company rented a villa for three years and received a total of $60,000. The rent is earned equally over the period 2018-2020. For tax purposes, North should report the full $60,000 on 2018 tax return form. By year end, the company reported an income tax expense of $22,000 and income tax payable of $37,000. In 2019, the company terminated a maintenance contract and agreed to pay $10,000 per year for 2019-2021. The total termination amount is fully deducted for financial reporting purposes and deducted as paid for tax purposes. The pretax financial income for 2019 is $90,000. The tax rates are 30% for 2018 and 35% for 2019. By end of 2019, the government announced the change of tax rate for future periods. a. Prepare the journal entry to record income taxes for 2019. b. Which approach have you applied in answering part (a)? what are the main objectives of this approach?

Question 1: [10 marks] Residents of Fruitopia produce and consume oranges and apples. Prices and quantities of their consumption and production are given in the following table. Use 2018 as base year. You have to use the same data table for all parts of the question.

1. [4 marks] Calculate CPI using all the steps for 2018 and for 2019 and rate of inflation for 2019. Show all your work.

2. [4 marks] Using the above table, calculate the nominal GDP, real GDP and GDP deflator for 2018 and for 2019. Calculate the inflation rate for 2019.

3. [2 marks] Give two reasons why CPI and GDP deflator give different rates of inflation.