When the price of gasoline at the pump increases, oil companies often claim that the increase is caused by an increase in the price of crude oil. To examine this claim, we listed on the right the average price of a gallon of unleaded regular (U. S. average) and the domestic price of a barrel of crude oil for every month from 1999 to 2001. The source of this data is U. S. Department of Energy. All prices are in dollars. Do a regression analysis and send the Regression output to Cell H58.

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

Only the united states has embassies. true or false