The following regression output was obtained from a study of architectural firms. the dependent variable is the total amount of fees in millions of dollars. predictor coefficient se coefficient t p-value constant 7.031 3.086 2.278 0.010 x1 0.231 0.193 1.197 0.000 x2 − 1.108 0.572 − 1.937 0.028 x3 − 0.392 0.154 − 2.545 0.114 x4 0.550 0.317 1.735 0.001 x5 − 0.057 0.025 − 2.280 0.112 analysis of variance source df ss ms f p-value regression 5 2,219.34 443.9 9.85 0.000 residual error 49 2,208.98 45.08 total 54 4,428.32 x1 is the number of architects employed by the company. x2 is the number of engineers employed by the company. x3 is the number of years involved with health care projects. x4 is the number of states in which the firm operates. x5 is the percent of the firm’s work that is health care−related. write out the regression equation.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)