User Account

All Pages

What will be forecasted price of unleaded gas

Assignment Help Financial Accounting
Reference no: EM132770252

Consider the following results of a multiple regression model of dollar price of unleaded gas (dependent variable) and a set of independent variables: price of crude oil, value of S&P500, price U.S. Dollars against Euros, personal disposal income (in million of dollars) :

Coefficientt-statistics

Intercept     0.5871      68.90

Crude Oil        0.0651      32.89

S&P             500-0.0020 18.09

Price of  $-0.04  15            14.20

PDI             0.000           117.32

R-Square = 97%

Problem 1: What will be forecasted price of unleaded gas if the value of independent variables are as follows:
Crude Oil = 85; S&P500 = 1775; Price of $ = 0.90 Euros; PDI = 800

Reference no: EM132770252

Questions Cloud

Describe impact upon december financial statement audit : For each issue, describe the impact upon the December 31, 2013 financial statement audit, and any further actions that you should take
Should genetic carriers of serious medical condition require : Should genetic carriers of serious medical conditions such as sickle cell anemia or cystic fibrosis be required to receive genetic counseling?
What is the amount of the dividend handy craft just paid : The dividends are expected to grow at a constant rate per year, forever. What is the amount of the dividend Handy Craft just paid?
How did the researcher gather data in the study : How did the researcher gather data in the study? What were the results? How do the results affect your understanding of information processing and intelligence.
What will be forecasted price of unleaded gas : What will be forecasted price of unleaded gas if the value of independent variables. Consider the results of a multiple regression model of dollar price.
Find the present value and the amount : Find the present value and the amount (future value) of an ordinary annuity of Php5,000 payable semiannually for 10years if money is worth 6% compounded semiann
Evaluate diagnosis of pediatric bipolar depression disorder : Some debate in the literature exists specific to whether or not bipolar disorder can be diagnosed in childhood. While some have anecdotally argued.
What is your strategy to help debtors : The Covid-19 pandemic has greatly affected the economic growth of many countries.
What the estimated cost of goods sold for may is closest to : What the estimated cost of goods sold for May closest to. Direct labor requirement per unit of output 2.7 direct labor-hours. Raw materials cost$2.00per pound.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What was the net cash inflow

Consider the following: Issued common stock for $25,000, sold office equipment for $1,200, paid cash dividends $6,000, purchased investments for $2,000, purchased new equipment for $4,000. What was the net cash inflow (outflow) from investing acti..

  Find what is the amount of depreciation expense

Find What is the amount of depreciation expense to be recorded by Firm A for the first year of the lease if Firm A uses the straight line depreciation method?

  Which money market security intended to promote

A money market security intended to promote international trade validity typically issued on the side of an importer is best described

  What journal entries will jol make on that date

Assume that the rice is subsequent sold by Jol on June 1, 2012, for $1,200 per ton. What journal entries will Jol make on that date?

  How has the revenue and profits grown

Review the IPO document - S-1 and amendments. What were the key risks - were they significant enough to throw caution to the investing public?

  What is the best data validation rule to minimise error

When you tested the Tax Calculation, you would have found errors. What is the BEST Data Validation rule to minimise these errors?

  Prepare general journal form for oriole inc

Prepare general journal form. The prepaid insurance account shows a debit of $4,560, representing the cost of a 2-year fire insurance policy dated August 1

  List the main elements of the disclosure statement

List the main elements of the disclosure statement. what information of the disclosure statement would interest the creditors and why? what information of the disclosure statement would interest the investors and why?

  Calculate the cost of credit using the following formulas

Calculate the cost of credit using the following formulas. Show your calculations. List the advantages and disadvantages of using credit. Provide at least two of each.

  Determine way Durango will structure internal IT controls

Determine at least two (2) ways Durango will structure its internal IT controls to ensure that such controls are effective in detecting fraudulent transactions.

  Deterime their agi and taxable income for the year

Joe and Jessie are married and have one dependent child, Lizzie. Joe works in manufacturing and Jesse runs a craft business from their home. Joe and Jessie own their home and pay interest on their home loan. deterime their AGI and taxable income for ..

  Self-employment income and taxpayer prefer

Pat generated self-employment income in 2016 of $76,000. The self-employment tax is: The taxpayer’s marginal tax bracket is 25%. Which would the taxpayer prefer?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd