The following example pertains to Bluefield Company for 2005.
Cash received from customers during 2005$140,000
Cash received from tenants during 2005 56,000
Cash paid for salaries during 2005 43,000
Cash paid for income taxes during 2005 23,000
Cash paid to suppliers during 2005 78,000
Jan. 1Dec. 31
Accounts receivable$5,000$9,000
Accounts payable11,000 7,000
Income tax payable 7,000 3,000
Inventory14,00020,000
Prepaid salaries 4,000 2,000
Unearned rent revenue 1,000 6,000
Instructions
Compute the amount of each of the following items for 2005 on the accrual basis.
1. Sales
2. Rent revenue
3. Salaries expense
4. Income tax expense
5. Cost of goods sold
In: Accounting
1. Use the data below to find the linear regression equation that best represents the given data and predict the revenue in 2013 (Copy data to Excel)
2. Then create Two new columns that represent the predication y =mx+b for each year and percent of growth for each year = (Revenue/Predication)*100
3. Use Excel to graph the linear model (x-axis years, y-axis revenue) and the linear equation of best fit.
| Year | Revenue | Predication | Percent of growth (%) |
| 2001 | 3665 | ||
| 2002 | 4163 | ||
| 2003 | 4750 | ||
| 2004 | 5287 | ||
| 2005 | 5825 | ||
| 2006 | 6395 | ||
| 2007 | 6834 | ||
| 2008 | 6994 | ||
| 2009 | 7401 | ||
| 2010 | 7867 | ||
| 2011 | 8548 | ||
| 2012 | 9331 |
In: Statistics and Probability
NO HAND WRITING PLEASE!!
Since 2005, publicly traded companies in the European Union have been required to use IFRS in preparing their consolidated financial statements.
Required:
a. Explain the EU’s objective in requiring the use of IFRS.
b. Identify and describe two issues that might hamper the EU from
achieving the objective underlying the use of IFRS.
In: Accounting
Find both the arithmetic growth rate and the geometric growth rate of the dividends for Custer's Ice Cream Shoppes.
in order to copy its contents into a spreadsheet.)
|
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
|
Dividend |
$1.47 |
$2.49 |
$3.25 |
$4.14 |
$5.76 |
$6.06 |
$7.06 |
$8.39 |
$7.89 |
$6.53 |
What is the arithmetic growth rate of the dividends for Ice Cream Shoppes?
In: Finance
Table 3: Annual Returns
|
Year |
Returns |
|
2000 |
-9.0% |
|
2001 |
-11.9% |
|
2002 |
-22.0% |
|
2003 |
28.4% |
|
2004 |
10.7% |
|
2005 |
4.8% |
|
2006 |
15.6% |
|
2007 |
5.5% |
|
2008 |
-36.6% |
|
2009 |
25.9% |
|
2010 |
14.8% |
|
2011 |
2.1% |
|
2012 |
15.9% |
|
2013 |
32.2% |
|
2014 |
13.5% |
|
2015 |
1.4% |
|
2016 |
11.7% |
Calculate:
In: Finance
|
1) Consider 'Games lost' as Dependent variable on Rainy Days and
Payroll. 2) Formulate the linear equation as Y = b0 + b1*x1 + b2 * x2 + …. + error_term 3) Determine Linear Trend equation. |
|||
| Year | Games Lost | Rainy Day | Payroll($000) |
| 2001 | 20 | 26 | 175 |
| 2002 | 20 | 10 | 178 |
| 2003 | 18 | 10 | 240 |
| 2004 | 19 | 16 | 235 |
| 2005 | 21 | 15 | 180 |
| 2006 | 18 | 19 | 241 |
| 2007 | 18 | 10 | 173 |
| 2008 | 19 | 12 |
255 |
this is the complete qs
In: Statistics and Probability
Question 11
There are more privately-owned businesses in the U.S. than there are publicly traded forms,
True
False
Question 12
The primary goal of a firm/company/business is the following:
Maximize Revenue
Minimize Operating Expenses
Maximize Net Income
Maximize the value of the Firm for its Owners
In: Finance
Find both the arithmetic growth rate and the geometric growth rate of the dividends for Alexander's Markets.
|
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
|
|
Dividend |
$1.46 |
$2.43 |
$3.08 |
$4.41 |
$5.25 |
$6.49 |
$7.11 |
$8.36 |
$7.87 |
$6.84 |
What is the arithmetic growth rate of the dividends for Alexander's Markets?
(Round to two decimal places.)
What is the geometric growth rate of the dividends for Alexander's Markets?
In: Finance
3. Inflation a) What is the difference between real and nominal GDP? _______________________________________________________________ _______________________________________________________________
b) Suppose the base year is 2005, and the only goods in the economy are apples and bananas. In 2005 both apples and bananas cost $1, and 100 apples and 100 bananas are produced. In 2006, apples cost $20 and bananas cost $5, and 50 apples and 200 bananas are produced.
1. What is nominal GDP in 2005? _______ In 2006? _______ 2. What is real GDP in 2005? _______ In 2006? _______
3. What is the GDP deflator in 2005? _______ In 2006? _______
4. Suppose the fixed basket of goods is 1 apple and 2 bananas. 5. What is the level of the CPI in 2005? _______ In 2006? _______ 6. What is the CPI inflation rate from 2005 to 2006? _______
c) What are the three effects that bias the measurement of CPI? i. _____________________ ii. _____________________ iii. _____________________
d) Which of the three effects listed in part c does each of the following illustrate? 1. US households in 2010 spent a larger fraction of their income on televisions than they did in 1950. __________________________ 2. All televisions available in 2010 had higher resolution than any televisions available in 1950. __________________________ 3. In 1950, no US household had a plasma screen television, but in 2010 they are widely available. __________________________
e) Suppose the average television purchased in 1950 cost $200, and the average television purchased today costs $700.
1. What is the percentage change in the average television price? _______
2. Taking into account the effects in part c, is this percentage increase likely an underestimate or overestimate of the true change in the cost of televisions? ____________
3. Why? ____________________________________________________
In: Economics
Consider the following returns. The Correlation between Stock X's and Stock Z's returns is closest to: Year End Stock X Realized Return Stock Y Realized Return Stock Z Realized Return 2004 20.1% -14.6% 0.2% 2005 72.7% 4.3% -3.2% 2006 -25.7% -58.1% -27.0% 2007 56.9% 71.1% 27.9% 2008 6.7% 17.3% -5.1% 2009 17.9% 0.9% -11.3% 0.71 0.60 0.62 0.05
In: Finance