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If we standardized both variables, what would be the regression equation that predicts standardized mortgage amount from standardized interest rates?

Answers

Answer 1

Answer:

$b_{1}$ = r $\frac{Sy}{Sx}$ = -0.84

$b_{0} = y - b_{1} x$

The mortgage will be 220.88

The interest amount will be 7.768

Explanation:

Regression model is used to identify the relation between two variables. In the given question the regression model fits best to identify the mortgage amount from interest rates. The interest rate and mortgage both are quantitative values so the regression model is most suitable for this.

Related Questions

____________________ are a pool of assets that trade like stocks on an exchange. They track a group of stocks, such as all stocks in an index or stocks of companies in emerging markets.

Answers

Answer:

Exchanged-traded funds

Explanation:

Exchanged-traded funds are forms of investment that are usually traded on stock exchange the way other securities are traded, but they have an underlying asset.

Unlike mutual funds ETF are traded on the stock exchange at all periods of the day.

Assets held by ETF includes, shares, currencies, bonds, and commodities like gold and oil.

Value of trade is kept close to the net value of the underlying asset.

Which of the following represents the most significant risk to companies using a mass-marketing approach? They may lose customers who feel that mass marketers are invading their privacy.They may not realize economies of scale. They may overemphasize the benefits of customized products They may lose customers to niche marketers They may lose customers to international marketers. They may lose customers who feel that mass marketers are invading their privacy

Answers

They may lose customers to niche marketers represents the most significant risk to companies using a mass-marketing approach.

What is niche marketing?

A marketing strategy known as "niche marketing" focuses on a specific, distinct market area. A company can learn what the client wants when it understands what the consumer requires and then seeks to offer a better solution to a problem that was not previously provided by other businesses. This is frequently how niche markets are created. A niche market involves a particular target demographic and a specialized offering, not necessarily a tiny market. The practice of developing assets that appeal to your audience is known as niche marketing.

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Which statement is true regarding monopolistic competition?

Answers

Answer:

AR>MR

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WHERE ARE THE OPTIONS.

If the selling price per unit is $ 72, variable expenses per unit are $ 46, target operating income is $ 39 comma 000, and total fixed expenses are $ 21 comma 000, how many units must be sold to reach the target operating income?

Answers

Answer:

2308

Explanation:

Target operating income = Total revenue - Total cost

Total revenue = price x quantity = $72q

Total cost = Fixed cost + variable cost

Variable costs = $46q

Fixed cost = $21,000

Total cost = $21,000 + $46q

$39,000 = $72q - ($21,000 + $46q )

$26q - $21,000 = $39,000

$26q = $60,000

Q = 2308

I hope my answer helps you

The head of the attractions team at a theme park leaves a voice message for the maintenance staff to let them know that the lights are not working at one of the rides. This is an example of ___________ communication.

companywide
departmental
interdepartmental
interpersonal

Answers

The head of the attractions team at a theme park leaves a voice message for the maintenance staff that the lights are not working at one of the rides. This is an example of interdepartmental communication.

What is interdepartmental communication?

The majority of interdepartmental communication takes place in a formal setting between various organizational departments. When interdepartmental communication is facilitated by effective infrastructure, it is effective.

A memorandum is a record or note that will be used later. It is practical and beneficial for casual contact. The majority of interdepartmental communication occurs over the phone, although memoranda are utilized when the information needs to be conveyed in writing.

Memos are also sent out when employees need to face disciplinary action. Employees provide suggestions. They are occasionally given from one department to another.

It aids in the creation of novel concepts and strategies. However, its success is based on the management's mentality.

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Which is NOT an expense account?

Answers

Answer:

Interest is found in the income statement, but can also is the most common non-operating expense

Example

Examples of expense accounts are Costs of Sales, Cost of Goods Sold, Costs of services, Operating expense, Finance Expenses, Non-operating expenses, Prepaid expenses, Accrued expenses and many others.

What term refers to the power of the government to tax and spend to achieve
economic goals?
A. Fiscal policy
B. Discretionary spending
C. Monetary policy
D. Economic efficiency.

Answers

The answer is A Fiscal policy

Part of almost any manager's job description is trying to make deals with others for needed resources. This is referred to as the negotiator role. Which of the
following examples shows a manager playing the role of a negotiator?

Answers

A successful negotiator will know what they want to get from the deal and they will be ambitious and optimistic and they will be informed.

Negotiating management Building and expanding mutually productive connections with these persons is the goal of workplace negotiations. In addition to their motives for the organization, people have their own interests, needs, and ambitions. The leader of the parts department is the parts manager, who is also the person to whom all employees in that division are subordinate. These could be sales representatives, consultants, managers, and assistant parts managers. The parts manager's responsibilities are hiring, training, and day-to-day monitoring and punishment of employees. In addition to their motives for the organization, people have their own interests, needs, and ambitions. Helping your team, coworkers, and others achieve their professional and personal goals will increase your negotiation success at work. Reality is only perceived. Facts don't have the same impact as perception.

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The stock style box classifies individual stocks by growth, value, and core.
The stock mutual fund style box classifies individual stocks by value, growth,
and blend. These are often referred to as the equity style box. Together, the
vertical and horizontal axes can be used to classify a mutual fund into 1 of _______categories.

Answers

Together, the vertical and horizontal axes can be used to classify a mutual fund into 1 of nine categories.

The stock style box classifies individual stocks by growth, value, and core. The stock mutual fund style box classifies individual stocks by value, growth, and blend. These are often referred to as the equity style box. Together, the vertical and horizontal axes can be used to classify a mutual fund into one of nine categories.

The nine categories are large growth, large blend, large value, mid-cap growth, mid-cap blend, mid-cap value, small growth, small blend, and small value. It is common for investors to use the style box to classify mutual funds, which provides a useful way to understand the risk and return characteristics of an investment.The style box is divided into three parts, the vertical axis, the horizontal axis, and the grid that is formed by these two axes.

The vertical axis represents a market capitalization scale and can be divided into three categories: large-cap, mid-cap, and small-cap. The horizontal axis represents a value versus growth scale and can also be divided into three categories: value, blend, and growth.

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Abbott, Inc., plans to issue $500,000 of ten percent bonds that will pay interest semiannually and mature in five years. Assume that the effective interest rate is 12 percent per year compounded semiannually. Calculate the selling price of the bonds. Round answers to the nearest whole number.

Answers

Answer:

$463,202.25

Explanation:

The calculation of the selling price of the bond is given below:

The selling price of the bonds is

= Present value of interest + Present value of maturity

where,

In semi-annually basis , the rate of interest would be divided by 2 and the time period would be double

So, The Present value of interest equals to

= $500,000 × 5% × 7.36009

= $184,002.25

The 7.36009 represent PVIFA factor. Refer to the PVIFA table for the same

And, the Present value of maturity is

= $500,000 × 0.5584

= $279,200

So, the selling price of the bond is

= $184,002.25 + $279,200

= $463,202.25

XYZ plans to sell 28,000 units in April. If it has 6,000 units on hand at the start of the month, and plans to have 9,000 units on hand at the end of the month, how many units must be purchased from the supplier during the month

Answers

Answer:

Purchases= 31,000

Explanation:

Giving the following information:

Sales= 28,000 units

Beginning inventory= 6,000 units

Desired ending inventory= 9,000 units

To calculate the purchases, we need to use the following formula:

Purchases= sales + desired ending inventory - beginning inventory

Purchases= 28,000 + 9,000 - 6,000

Purchases= 31,000

Your company has a need for productivity apps that are usable anywhere and enable distributed teams to work together. Which vendor provides these services?

Answers

The Micro-soft is a vendor who will provides the services of productivity apps which are usable anywhere and also enable distributed teams to work together.

What is Micro-soft?

Micro-soft is a developer of popular software systems and applications. most especially the Windows

Some of the productivity apps offered by Micro-soft includes:

WordExcelPower Point Outlook etc

In conclusion, the Micro-soft is a vendor who will provides the services of productivity apps which are usable anywhere and also enable distributed teams to work together.

Answers

A communication barrier is anything that prevents one from receiving and comprehending messages sent to another to express ideas, thoughts, or any other type of information.

These many communication barriers obstruct or interfere with the message that someone is attempting to transmit. Communication barriers prohibit us from correctly receiving and accepting the messages used by others to transmit their information, thoughts, and ideas.

Communication difficulties include information overload, selective perceptions, workplace gossip, semantics, gender disparities, and so on. Communication in our daily lives helps us develop connections by allowing us to share our experiences and needs, as well as connect with others.

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Relix, Inc., is a domestic corporation with the following balance sheet for book and tax purposes at the end of the year before recording any Federal net deferred tax asset or net deferred tax liability.

Tax Debit/(Credit) Book Debit/(Credit)
Assets Cash $500 $500
Accounts receivable 8,000 8,000
Buildings 750,000 750,000
Accumulated depreciation (450,000) (380,000)
Furniture and fixtures 70,000 70,000
Accumulated depreciation (46,000) (38,000)
Total assets $332,500 $410,500
Liabilities Accrued litigation expense $0 ($50,000)
Note payable (78,000) (78,000)
Total liabilities ($78,000) ($128,000)
Stockholders' Equity Paid-in capital ($10,000) ($10,000)
Retained earnings (244,500) (272,500)
Total liabilities and stockholders' equity ($332,500) ($410,500)

Based on this information, determine Relix's net deferred tax asset or net deferred tax liability at year end. Assume a 21% Federal corporate tax rate and no valuation allowance.

Answers

Answer:

($3,528)

Explanation:

Calculation to determine Relix's net deferred tax asset or net deferred tax liability at year end.

Beginning of the Year Current year difference End of Year

Building-Accumulated depreciation

($57,000) ($13,000) ($70,000)

($57,000-$70,000=-$13,000)

Furniture and fixtures-Accumulated Depriciation ($4,200) ($3,800) ($8,000)

($4,200-$8,000=$3,800)

Subtotal ($61,200) ($16,800) ($78,000)

($57,000+$4,200=$61,200)

($13,000+$3,800=$16,800)

($70,000+$8,000=$78,000)

Applicable tax rate 21% 21% 21%

Gross deferred tax liability

($12,852) ($16,380)

(21%*$61,200=$12,852)

(21%*$78,000=$16,380)

Change in deferred tax liability ($3,528)

(21%*$16,380)

Therefore net deferred tax liability at year end is ($3,528)

The general ledger can be used to determine which of the following (select all answers which apply):
• which accounts are being used by a company and their balances at any given time.
• common and unique accounts used by a business.
• increases and decreases in all accounts in a business.

Answers

The general ledger can help in the determination of :

which accounts are being used by a company and their balances at any given time.common and unique accounts used by a business. increases and decreases in all accounts in a business.

What is the General Ledger ?

A general ledger is a bookkeeping ledger where accounting data are combined from subledgers including accounts payable, accounts receivable, cash management, fixed assets, and projects as well as recorded from journals.

The accounting data needed to create the company's financial statements would be kept in the general ledger. To account for revenues, expenses, assets, liabilities, and owners' equity, the transaction data would be divided into categories based on type. It fluctuates in all accounts within an entity and is both uncommon and common.

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How will you measure the success of a business meeting? Be specific. Give examples.

Answers

Measuring the success of a business meeting is important to ensure that goals are being met and progress is being made. There are several ways to do this, such as:

Establishing clear, measurable objectives prior to the meeting and then assessing whether these goals were reached.

Collecting feedback from attendees to determine if tasks were completed, expectations were met, and any potential obstacles were identified.

Tracking changes in attitudes and behaviors among participants, such as increased cooperation or improved communication.

Evaluating the effectiveness of the meeting in terms of the time it took and how well it was organized.

Monitoring the performance of the meeting facilitator, such as their ability to keep the discussion focused and on-topic.

Measuring the impact of the meeting in terms of the number of new ideas generated, decisions made, and tasks accomplished.

Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:

State of Nature

Decision Alternative

Reject, s1

1 Year, s2

2 Years, s3

Produce pilot, d1

-100

50

150

Sell to competitor, d2

100

100

100

The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:

P(F) = 0.69

P(s1 | F) = 0.09

P(s1 | U) = 0.45

P(U) = 0.31

P(s2 | F) = 0.26

P(s2 | U) = 0.39

P(s3 | F) = 0.65

P(s3 | U) = 0.16

Construct a decision tree for this problem.

What is the recommended decision if the agency opinion is not used? What is the expected value?

Answers

Answer:

To construct the decision tree, we can follow these steps:

1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).

2. Assign the payoffs for each decision alternative under each state of nature.

3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.

4. Assign the probabilities of each state of nature at the chance nodes.

5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.

6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.

Here is the decision tree for this problem:

| Produce pilot (d1)

| -100

|____________

/|\

/ | \

P(F) = 0.69 / | \ P(U) = 0.31

/ | \

s1 / | \ s2

/ | \

50 | F U F | 100

| |

| s3 | s3

| |

150| F | 100

|_______________________________|

If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).

To calculate the expected value:

Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))

= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)

= -6.93 + 8.97 + 66.88

= 68.92

Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))

= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)

= 13.95 + 12.09 + 4.96

= 30

Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.

Discuss 5 sources of government revenue in the economy

Answers

The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.

QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)

Answers

Answer:

rat

Explanation:

The before-tax income for Lonnie Holdiman Co. for 2020 was $101,000 and $77,400 for 2021. However, the accountant noted that the following errors had been made: 1. Sales for 2020 included amounts of $38,200 which had been received in cash during 2020, but for which the related products were delivered in 2021. Title did not pass to the purchaser until 2021. 2. The inventory on December 31, 2020, was understated by $8,640. 3. The bookkeeper in recording interest expense for both 2020 and 2021 on bonds payable made the following entry on an annual basis. Interest Expense 15,000 Cash 15,000 The bonds have a face value of $250,000 and pay a stated interest rate of 6%. They were issued at a discount of $15,000 on January 1, 2017, to yield an effective-interest rate of 7%. (Assume that the effective-yield method should be used.) 4. Ordinary repairs to equipment had been erroneously charged to the Equipment account during 2017 and 2018. Repairs in the amount of $8,500 in 2017 and $9,400 in 2018 were so charged. The company applies a rate of 10% to the balance in the Equipment account at the end of the year in its determination of depreciation charges.

Required:
Prepare a schedule showing the determination of corrected income before taxes for 2017 and 2018.

Answers

Answer:

Lonnie Holdiman Co.

A Schedule showing the determination of the corrected income before taxes for 2020 and 2021:

2020 2021

Before-tax income $101,000 $77,400

1. Excess Sales revenue (38,200) 38,200

2. December 31, 2020 Inventory understated 8,640 (8,640)

3. Amortized bonds discount not expensed (1,776) (1,901)

4. Equipment repairs not expensed (8,500) (9,400)

5. Overstated depreciation from capitalized

Equipment repairs 850 940

Corrected income before taxes $62,014 $96,599

Explanation:

a) Data and Calculations:

Before-tax income for 2020 = $101,000

Before-tax income for 2021 = $77,400

1. 2020 Sales Revenue $38,200; 2021 Sales Revenue $38,200

2. 2020 Understated inventory $8,640; 2021 Understated inventory $8,640

3. 2020 Unstated bonds interest expense $1,776

2021 Unstated bonds interest expense $1,901

4. 2020 Unstated equipment repairs $8,500 Overstated Equipment account $8,500

2021 Unstated equipment repairs $9,400 Overstated Equipment account $9,400

2020 Overstated Depreciation expense $850

2021 Overstated Depreciation expense $940.

Bonds Calculations:

Bonds outstanding value:

Bond's face value = $250,000

Discount = 15,000

Proceeds from bonds = $235,000