Problem Set 1 Complete all questions listed below. Clearly label your answers. 1. The receipts and year of release of the five movies with the largest nominal box office revenues‚ along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release‚ convert the receipts for each to real dollars for the year 2010 (2010 CPI 218.1). Put the movies in order from largest to smallest real box office receipts. Movies
Premium Economics Inflation Unemployment
PROBLEM 1-3B (a)Special Delivery Income Statement For the Month Ended May 31‚ 2012 Revenues Service revenue$10‚400 Expenses Salaries and wages expense$2‚000 Maintenance and repairs expense 2‚900 Advertising expense 800 Insurance expense 400 Total expenses 6‚100 Net income$4‚300 Special Delivery Retained Earnings Statement For the Month Ended May 31‚ 2012 Retained earnings‚ May 1$ 0 Add: ADVANCE \r 1 Net income 4‚300 4‚300 Less: Dividends 1‚700 Retained earnings
Premium Generally Accepted Accounting Principles Revenue Balance sheet
1. a. Power– kilowatt‚ b. Area – acres‚ c. Application Rate – in/hr‚ d. Pressure – head‚ e. Depth – inches‚ f. Length – miles‚ g. Velocity – ft/sec‚ h. Volume – ac-in‚ i. Flow Rate – cu-ft/sec 2. Statements (1) and (2) refer to water volumes. Are these Net or Gross volumes? (1) Crop water use (cu-ft) = Seasonal ET (ft) x Crop area (acres) x 43‚560 sq-ft/acre (2) Volume applied by system (ac-in) = Application rate (in/hr) x Irrigation time (hr) x Area (acres)
Premium Irrigation Water Aquifer
Accounting Equation Paper NAME ACC/300 INSTRUCTOR DATE The basic accounting equation is: Assets = Liabilities + Stockholders’ Equity. When looking at the balance sheet one can assume that assets must balance out each transaction and balance the claims to the assets (Kimmel‚ 2010). A balance sheet provides Assets of the company first and foremost‚ then Liabilities and Stockholders’ Equity and last retained earnings. This shows the companies incoming money‚ outgoing payments‚ and the
Premium Generally Accepted Accounting Principles Liability
($40‚000 + $90‚000 + $74‚000) - $65‚000 = $87‚000 - $88‚000 = $116‚000 (c) Current ratio. 2011 2012 $152‚000 = 2.34:1 $204‚000 = 2.32:1
Premium Balance sheet Generally Accepted Accounting Principles Asset
ECONOMETRICS: PS5 PROBLEM SET 5: ESTIMATION PROBLEMS 1 We have the following variables: Y: Food expenditure in USA. X: Family income. P: Price index. Two different regressions are estimated with the following estimation results (standard errors are in brackets): Coefficient for Regression X Y/P Y / X; P 0.112 (0.003) Coefficient for P 2.462 (0.407) -0.739 (0.114) Determination coefficient 0.614 0.978 Assuming that the true equation for Y includes both X and
Premium Regression analysis Linear regression Statistics
PROBLEM SET 4 1) Consider the following utility functions‚ where W is wealth: (a) U (W ) = W 2 1 (b) U (W ) = W (c) U (W ) = −W (d) U (W ) = W (e) U (W ) = ln(W ) (f) U (W ) = W 1−γ ‚ with γ = 2 1−γ How likely are each of these functions to represent actual investor preferences? Why? 2) Suppose investors have preference described by the following utility function with A > 0: U = E(r) − 1 Aσ 2 2 Each investor has to choose between three portfolios with the following characteristics:
Premium Risk aversion Utility Investment
ASSIGNMENT 1 Busn 521: Managerial Economics This assignment is due on Friday Oct 17th‚ 2014. Problem Set 2 1. Pat and Kris are roommates. They spend most of their time studying (of course)‚ but they leave some time for their favorite activities: making pizza and brewing root beer. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Kris takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza. a. What is each roommate’s opportunity cost of making a pizza
Premium Supply and demand
Stephanie McFadden NT1230 Problem Set 1. 1. The general public in the United States will be able to purchase all of the Windows 7 editions in retail stores except starter‚ enterprise‚ and home basic. 2. The core module that provides all of the Windows 7 capability that isn’t language-or edition-specific is called MinWin. 3. When you copy a file to a library‚ Windows Explorer writes the file to the folder designated as the save location. 4. To use federated search‚ you must download or create XML
Free Windows 7 Windows Vista
Problem Set 2 Complete all questions listed below. Clearly label your answers 1. What impact would a change that shifts an economy’s production possibilities curve outward have on the long run aggregate supply curve? How have improvements in computer technology affected production possibilities and the long run aggregate supply curve? Explain Answer: Growth of population and the labor-force participation rate Capital accumulation Improvements in technology 2
Premium Aggregate demand Supply and demand Tax