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- What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2017 and 2018 2018 2017 Gross sales $ 20,000 $ 15,750 Sales returns and allowances 800 100 Net sales $ 19,200 $ 15,650 Cost of merchandise (goods) sold 11,750 8,750 Gross profit $ 7,450 $ 6,900 Operating expenses: Depreciation $ 800 $ 650 Selling and administrative 2,950 2,500 Research 650 550 Miscellaneous 460 350 Total operating expenses $ 4,860 $ 4,050 Income before interest and taxes $ 2,590 $ 2,850 Interest expense 660 550 Income before taxes $ 1,930 $ 2,300 Provision for taxes 772 920 Net income $ 1,158 $ 1,380 LOGIC COMPANY Comparative Balance Sheet December 31, 2017 and 2018 2018 2017 Assets Current assets: Cash $ 12,500 $…Assume a sales price per unit of $25, variable cost per unit $15, and total fixed costs of $18000. If no units are sold, how much cost would the company incur?
- c. Consider the following proposed plan: Quarter Demand (hours) Workforce Hires Layoffs Overtime (hours) 1 4,200 9 1 2 6,400 11 2 1,120 3 3,000 9 2 4 4,800 9 480 5 4,400 9 80 6 6,240 11 2 960 7 3,600 9 2 8 4,800 9 480 Total 76 5 4 3,120 Total cost for this plan would be $? (Enter your resThe following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. Big Bang, Inc. Orange, Inc. Cost of goods sold $830,000 $11,540,000 Inventory, end of year 190,000 320,000 Inventory, beginning of year 240,000 290,000 What is the inventory turnover for Big Bang and Orange. a. Big Bang, Inc.: 3.86Orange, Inc.: 37.84 b. Big Bang, Inc.: 3.86Orange, Inc.: 9.65 c. Big Bang, Inc.: 94.55Orange, Inc.: 37.84 d. Big Bang, Inc.: 94.55Orange, Inc.: 9.65Table #7.3.8: Economic Dynamism of Middle Income Countries 25.8057 37.4511 51.915 43.6952 47.8506 43.7178 58.0767 41.1648 38.0793 37.7251 39.6553 42.0265 48.6159 43.8555 49.1361 61.9281 41.9543 44.9346 46.0521 48.3652 43.6252 50.9866 59.1724 39.6282 33.6074 21.6643 7.3.8 Maintaining your balance may get harder as you grow older. A study was conducted to see how steady the elderly is on their feet. They had the subjects stand on a force platform and have them react to a noise. The force platform then measured how much they swayed forward and backward, and the data is in table #7.3.10 ("Maintaining balance while," 2013). Do the data show that the elderly sway more than the mean forward sway of younger people, which is 18.125 mm? Test at the 5% level. Table #7.3.10: Forward/backward Sway (in mm) of Elderly Subjects 19 30 20 19 29 25 21 24 50
- Consider the following table containing yields for mutual funds in different asset classes (small, mid, and large cap). Fund Yield by Asset Class Small Cap Mid Cap Large Cap Fund Yield (%) Fund Yield (%) Fund Yield (%) Explorer Value 2.04 Capital Value 0.96 Equity Income 3.24 Small-Cap Value Index Admiral 2.46 Mid-Cap Value Index Admiral 1.57 High Dividend Yield Index 3.50 Small-Cap Index Admiral Shares 1.49 Extended Market Index Admiral Shares 1.22 500 Index Admiral Shares 1.57 Strategic Small-Cap Equity 0.38 Mid-Cap Index Admiral Shares 1.52 Diversified Equity 1.23 Explorer 0.17 Mid-Cap Growth 2.76 FTSE Social Index 1.42 Small-Cap Growth Index Admiral 0.21 Capital Value 0.32 Growth Equity 2.52 Explorer Value 2.55 Strategic Equity 1.54 U.S. Growth 0.37 Small-Cap ETF 1.44 Capital Opportunity Admiral Shares 2.14 Windsor 1.64 sum of squares for treatmentssum of squares for error≈1.5986≈18.4205 Step 2 of 2 : Find the mean square for treatments. Round…Dave Fletcher, the general manager of North Carolina Engineering Corporation (NCEC), thinks that his firm’s engineer-ing services contracted to highway construction firms are directly related to the volume of highway construction business contractedwith companies in his geographic area. He wonders if this is reallyso, and if it is, can this information help him plan his operationsbetter by forecasting the quantity of his engineering servicesrequired by construction firms in each quarter of the year? Thefollowing table presents the sales of his services and total amountsof contracts for highway construction over the past eight quarters: a) Using this data, develop a regression equation for predictingthe level of demand of NCEC’s services. b) Determine the coefficient of correlation and the standard errorof the estimate.The general fund budget (in billions of dollars) for a U.S. state for 1988 (period 1) to 2011 (period 24) follows. Year Period Budget($ billions) 1988 1 3.03 1989 2 3.29 1990 3 3.56 1991 4 4.31 1992 5 4.36 1993 6 4.51 1994 7 4.65 1995 8 5.15 1996 9 5.34 1997 10 5.66 1998 11 6.01 1999 12 6.30 2000 13 6.48 2001 14 6.75 2002 15 6.56 2003 16 6.78 2004 17 7.08 2005 18 7.65 2006 19 8.48 2007 20 8.57 2008 21 8.66 2009 22 8.43 2010 23 8.33 2011 24 8.86 (a) Construct a time series plot. A time series plot contains a series of 24 points connected by line segments. The horizontal axis ranges from 0 to 25 and is labeled: Period. The vertical axis ranges from 0 to 10 and is labeled: Budget ($ billions). The first point is at approximately (1, 3.0). The rest are plotted from left to right at regular increments of 1 period in an upward, diagonal direction. The last point is at approximately (24, 8.9). Consecutive points are close together…
- ] Consider the following table containing yields for mutual funds in different asset classes (small, mid, and large cap). Fund Yield by Asset Class Small Cap Mid Cap Large Cap Fund Yield (%) Fund Yield (%) Fund Yield (%) Explorer Value 1.22 Capital Value 0.96 Equity Income 3.24 Small-Cap Value Index Admiral 2.46 Mid-Cap Value Index Admiral 0.52 High Dividend Yield Index 3.50 Small-Cap Index Admiral Shares 1.49 Extended Market Index Admiral Shares 1.22 500 Index Admiral Shares 0.52 Strategic Small-Cap Equity 2.61 Mid-Cap Index Admiral Shares 1.52 Diversified Equity 1.23 Explorer 0.17 Mid-Cap Growth 0.82 FTSE Social Index 1.42 Small-Cap Growth Index Admiral 0.21 Capital Value 0.32 Growth Equity 1.42 Explorer Value 1.32 Strategic Equity 1.54 U.S. Growth 0.37 Small-Cap ETF 1.44 Capital Opportunity Admiral Shares 1.27 Windsor 1.64 sum of squares for treatmentssum of squares for error≈1.7894≈15.7229 Step 1 of 2 : What are the degrees of freedom…The general fund budget for a state for 1988 (Period 1) to 2011 (Period 24) follows. Year Period Budget($billions) 1988 1 3.09 1989 2 3.29 1990 3 3.57 1991 4 4.32 1992 5 4.36 1993 6 4.54 1994 7 4.69 1995 8 5.15 1996 9 5.34 1997 10 5.67 1998 11 6.01 1999 12 6.2 2000 13 6.48 2001 14 6.65 2002 15 6.56 2003 16 6.78 2004 17 6.98 2005 18 7.65 2006 19 8.38 2007 20 8.57 2008 21 8.66 2009 22 8.43 2010 23 8.23 2011 24 8.76 Develop a linear trend equation for this time series. Round your answers to 4 decimals. T t = + t What is the forecast for 2012? Round your answer to two decimal places.$ billionSuppose you are the purchasing manager for a company that manufactures scanners and other computer peripherals. Your vendor for scanner motors is now offering "quantity discounts" in the form of instant rebates and lower shipping charges as follows. Quantity Net Price Rebate Shipping 1–500 motors $16 none $1.40 501–1,000 motors 16 $1.40 1.00 1,001–2,000 motors 16 2.00 0.70 (a) Calculate the cost of the motors, including shipping charges, for each category (in $). 1–500 motors$ 501–1,000 motors$ 1,001–2,000 motors$ (b) If you usually purchase 400 motors per month, what percent would be saved per motor by ordering 800 every two months? Round to the nearest tenth of a percent. % (c) What percent would be saved per motor by ordering 1,200 every three months? Round to the nearest tenth of a percent. % (d) How much money (in $) can be saved in a year by purchasing the motors every three months instead of every month? $ (e) What other factors besides price…