Questions
If 2017 is the base year, what is the percentage increase in sales from 2017 to 2018?

Assume the following sales data for a company:

2019 $946000
2018 891100
2017 670000


If 2017 is the base year, what is the percentage increase in sales from 2017 to 2018?

In: Accounting

Company projects the following sales for the first three months of the​ year: $14300 in January​;$...

Company projects the following sales for the first three months of the​ year: $14300 in January​;$ 10100, in February​;and $10,400 in March.

The company expects 60​% of the sales to be cash and the remainder on account. Sales on account are collected in the month of the sale and​ 50% in the following month. The Accounts Receivable account has a zero balance on January 1. Round to the nearest dollar.

Prepare a schedule of cash receipts for Armand
for January February,
and March.


What is the balance in Accounts Receivable on March 31?

2.

Prepare a revised schedule of cash receipts if receipts from sales on account are 60​%
in the month of the​ sale, 30% in the month following the​ sale, and 10% in the second month following the sale. What is the balance in Accounts Receivable on March 31?

In: Accounting

Calculate how many barrels of oil to refine, for the 15th year, into gasoline. Use the...

Calculate how many barrels of oil to refine, for the 15th year, into gasoline. Use the following data and create a forecast model that will enable you to solve the problem, and then solve.

Given:

Period: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

Demand: 1500, 2100, 1900, 2250, 2200, 3000, 2675, 3327, 3619, 3550

In: Statistics and Probability

Given the following income data from a representative sample of a population in a certain year,...

Given the following income data from a representative sample of a population in a certain year, what is its Gini index?

Person Income Person Income Person Income
1 30 6 400 11 1700
2 70 7 550 12 2000
3 140 8 1100 13 3000
4 210 9 1200 14 5000
5 300 10 1450 15 8000
A.

0.34

B.

0.44

C.

0.57

D.

0.60

E.

0.76

In: Economics

Of all freshman at a large college, 16% made the dean’s list in the current year....

Of all freshman at a large college, 16% made the dean’s list in the current year. As part of a class project, students randomly sample 40 students and check if those students made the list. They repeat this 1000 times and build a distribution of sample proportions.

1. What is this distribution called?

2. Would you expect the shape of this distribution to be symmetric, right skewed, or left skewed? Explain your reasoning.

3 Find/calculate a measure of the variability of this distribution. 4. What is the formal name of the value that you computed in (c)?

5. Use the information above to construct a 95% confidence interval and interpret it using a full sentence.

6. What is the margin of error in your confidence interval? (Be sure to show a calculation to support your response.)

7. Suppose the students decide to sample again, this time collecting 90 students per sample. They build a new distribution of sample proportions. How will the variability of the new distribution compare to the variability of the distribution when each sample contained 40 observations.

In: Statistics and Probability

- A stock expects to pay a year-end dividend of $2.50 a share (i.e., D1 =...

- A stock expects to pay a year-end dividend of $2.50 a share (i.e., D1 = $2.50); assume that last year’s dividend has already been paid). The dividend is expected to decline 5 percent a year, forever (i.e., g = -5%). The company’s expected and required rate of return is 12 percent. What is the current market price per share of this stock?

- The expected rate of return on the common stock of Northwest Corporation is 10 percent. The stock’s dividend is expected to grow at a constant rate of 6 percent a year. The stock currently sells for $55 a share. What is the next expected dividend per share (i.e., D1) on this stock?

-  A share of preferred stock pays a quarterly dividend of $1.50. If the price of this preferred stock is currently $40, what is the nominal annual rate of return?

- Harper Manufacturing has realized the following annual sales dollar amounts:

                                             2016:                                                   $12,500,000

                                    2017:                                                   $16,000,000

                                    2018:                                                   $18,000,000

               Calculate the arithmetic average annual growth rate in sales dollars that Harper Manufacturing realized during the 2016 through 2018 time-frame.

In: Finance

"What is the coupon rate of a 10-year, $1000 bond with coupons paid semiannually and a...

"What is the coupon rate of a 10-year, $1000 bond with coupons paid semiannually and a price of $700, if it has a yield to maturity of 10%? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write enter 0.05 as an answer."

In: Finance

The average people in a country use about 20 barrels of oil each year in a...

The average people in a country use about 20 barrels of oil each year in a country. And the usage
of this commodity is not avoidable. This is one of the important parts of our expenditure, and this
is the commodity where the price will change quite often.
Years before, around 2010 there were a long period of high prices. And this affects the largest
part of this sector, production stopped because of the hike in prices and the demand side got the
final effect. To manage this situation, the government provides funds for research, to identify the
source of reducing the production cost so as to fix low price.
The period of high prices affects the oil industry a lot and they decided to increase the supply.
Questions:
1. Identify the central economic problems of an economy relating to this situation and
derive your own conclusion.

In: Economics

A polisher has an initial cost of $35,000 and will cost $15,000 per year to operate...

A polisher has an initial cost of $35,000 and will cost $15,000 per year to operate and maintain. If the cost of capital is 8% and the polisher will last for 7 years, what is the equivalent annual cost?

In: Finance

Last year, 46% of business owners gave a holiday gift to their employees. A survey of...

Last year, 46% of business owners gave a holiday gift to their employees. A survey of business owners indicated that 45% plan to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 60 business owners.

(a) How many business owners in the survey plan to provide a holiday gift to their employees?
(b) Suppose the business owners in the sample do as they plan. Compute the p value for a hypothesis test that can be used to determine if the proportion of business owners providing holiday gifts has decreased from last year. If required, round your answer to four decimal places. If your answer is zero, enter “0”. Do not round your intermediate calculations.
(c) Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts has decreased?
We - Select your answer -rejectfail to rejectItem 3  the null hypothesis. We - Select your answer -cancannotItem 4  conclude that the proportion of business owners providing gifts has decreased from 2008 to 2009.
What is the smallest level of significance for which you could draw such a conclusion? If required, round your answer to four decimal places. If your answer is zero, enter “0”. Do not round your intermediate calculations.
The smallest level of significance for which we could draw this conclusion is  ; because p-value - Select your answer -less than or equal togreater thanItem 6  α=0.05, we - Select your answer -rejectfail to rejectItem 7  the null hypothesis.

In: Statistics and Probability