subject
Business, 14.04.2020 22:50 jeieiejej

Consider the below data which is based on a company’s sales in Year 1 through Year 12 along with the national income of the country, where the business is set up. Year National Income (in millions of dollars) x Company's sales (in thousands of dollars) y Year 1 305 470 Year 2 316 485 Year 3 358 499 Year 4 350 515 Year 5 375 532 Year 6 392 532 Year 7 400 556 Year 8 398 576 Year 9 430 583 Year 10 456 587 Year 11 578 601 Year 12 498 605 Develop a simple linear regression equation to predict the company's sales (Y), given the national income (X). Model: Y= B0 +B1X1) Copy and paste your Regression output in here 2) How much variation in the sample values of company’s sales is explained by this regression model

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 01:00, biggs113056
Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?
Answers: 2
image
Business, 22.06.2019 08:10, toxsicity
Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work
Answers: 1
image
Business, 22.06.2019 18:50, gucc4836
Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?
Answers: 3
image
Business, 23.06.2019 02:40, rosehayden21
The law firm of furlan and benson accumulates costs associated with individual cases, using a job order cost system. the following transactions occurred during july: jul. 3 charged 175 hours of professional (lawyer) time to the obsidian co. breech of contract suit to prepare for the trial, at a rate of $150 per hour. 10 reimbursed travel costs to employees for depositions related to the obsidian case, $12,500. 14 charged 260 hours of professional time for the obsidian trial at a rate of $185 per hour. 18 received invoice from consultants wadsley and harden for $30,000 for expert testimony related to the obsidian trial. 27 applied office overhead at a rate of $62 per professional hour charged to the obsidian case. 31 paid administrative and support salaries of $28,500 for the month. 31 used office supplies for the month, $4,000. 31 paid professional salaries of $74,350 for the month. 31 billed obsidian $172,500 for successful defense of the case. required: a. provide the journal entries for each of these transactions. refer to the chart of accounts for exact wording of account titles. b. how much office overhead is over- or underapplied? c. determine the gross profit on the obsidian case, assuming that over- or underapplied office overhead is closed monthly to cost of services.
Answers: 2
You know the right answer?
Consider the below data which is based on a company’s sales in Year 1 through Year 12 along with the...

Questions in other subjects:

Konu
Mathematics, 18.06.2021 16:50
Konu
Mathematics, 18.06.2021 16:50