Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Alibaba Amazon Anheuser-Busch Apple Inc. Bank of America Costco Dominos Dunkin Donuts Ferrari Google GoPro Inc. H&M Huawei Johnson & Johnson LVMH McDonalds Microsoft Moderna

image text in transcribed

Alibaba Amazon Anheuser-Busch Apple Inc. Bank of America Costco Dominos Dunkin Donuts Ferrari Google GoPro Inc. H&M Huawei Johnson & Johnson LVMH McDonalds Microsoft Moderna Netflix $ $ S $ $ $ S $ $ $ $ $ $ $ S (y) CFO Salary 700,000 $ 160,000 $ 225,000 $ 1,000,000 $ 1,000,000 $ 4,441,790 $ 530,000 $ 487,019 $ 620,000 $ 650,000 $ 454,740 $ 800,000 $ 420,000 $ 796,538 $ 700,000 $ 1,600,467 $ 570,000 $ 560,401 $ 2,800,000 $ 1,050,000 $ 300,000 $ 217,995 $ 200,000 $ 367,692 $ 560,000 $ 1,200,000 $ 500,000 $ 312,500 $ 580,256 $ 892,948 $ (x1) (x2) Revenue Profit From Operations 73,176,092,000 $ 13,208,739,000 $ 177,866,000,000 $ 4,106,000,000 $ 52,329,000,000 $ 16,098,000,000 S 260,174,000,000 $ 63,930,000,000 S 91,244,000,000 S 32,754,000,000 $ 152,703,000,000 $ 4,737,000,000 $ 4,618,774,000 $ 1,402,499,000 $ 1,370,227,000 $ 451,050,000 $ 1,805,310,000 $ 917,466,000 $ 90,272,000,000 $ 23,716,000,000 $ 1,194,651,000 $ (2,333,000) $ 232,755,000,000 $ 17,346,000,000 S 858,833,000,000 $ 77,835,000,000 $ 82,059,000,000 S 17,328,000,000 $ 46,826,000,000 $ 10,003,000,000 $ 7,843,000,000 $ 4,069,000,000 $ 125,843,000,000 $ 42,959,000,000 $ 60,209,000 S (545,720,000) $ 20,156,447,000 S 2,604,254,000 $ 39,117,000,000 $ 4,801,000,000 $ 10,914,000,000 $ 2,270,000,000 $ 230,400,000,000 S 27,800,000,000 $ 36,126,000,000 $ 3,125,000,000 $ 5,755,189,000 $ 2,907,831,000 $ 6,764,000,000 $ (73,000,000) $ 377,289,000,000 S 188,694,000,000 $ 24,578,000,000 S (69,000,000) $ 69,570,000,000 $ 10,913,000,000 $ 252,632,000,000 $ 16,960,000,000 S 523,964,000,000 $ 20,568,000,000 S (x3) Total Assets 114,065,666,000 $ 131,310,000,000 $ 68,000,000,000 $ 338,516,000,000 $ 2,434,079,000,000 S 45,400,000,000 $ 1,382,092,000 $ 3,920,024,000 $ 5,446,372,000 $ 197,295,000,000 $ 792,803,000 $ 120,485,000,000 $ 858,661,000,000 $ 91,790,000,000 S 44,998,000,000 $ 34,249,600,000 $ 286,556,000,000 $ 1,589,422,000 $ 33,975,712,000 $ 23,717,000,000 $ 15,366,000,000 $ 352,564,497,000 $ 112,736,000,000 $ 31,231,630,000 $ 5,122,000,000 $ 953,986,000,000 S 34,309,000,000 $ 193,984,000,000 $ 488,071,000,000 $ 236,495,000,000 $ (x4) Cash 33,435,980,000 20,522,000,000 7,100,000,000 48,844,000,000 161,560,000,000 8,384,000,000 190,615,000 621,152,000 897,946,000 10,715,000,000 150,301,000 12,312,000,000 170,684,000,000 11,000,000,000 8,542,000,000 898,500,000 11,356,000,000 235,876,000 5,018,437,000 4,466,000,000 7,677,000,000 26,885,999,000 9,427,000,000 669,373,000 1,065,000,000 132,991,000,000 6,268,000,000 5,418,000,000 25,923,000,000 9,465,000,000 $ $ $ $ Nike $ $ $ $ S $ Nintendo Samsung Electronics Sanofi Simon Property Group Inc. Spotify Tencent Tesla The Walt Disney Company Volkswagen Walmart $ $ $ $ $ 1) of the four possible x-variables, which is the best predictor of CFO salaries? 2) For the answer to 1), what is the intercept and what does this number mean for determining a CFO's salary? 3) In the data provided for operating profit, there are noticable outliers. List the outliers and explain what is causing them to be outliers. 4) What would be a better predictor of a CFO's salary than the four listed x-variables? Explain your answer. Alibaba Amazon Anheuser-Busch Apple Inc. Bank of America Costco Dominos Dunkin Donuts Ferrari Google GoPro Inc. H&M Huawei Johnson & Johnson LVMH McDonalds Microsoft Moderna Netflix $ $ S $ $ $ S $ $ $ $ $ $ $ S (y) CFO Salary 700,000 $ 160,000 $ 225,000 $ 1,000,000 $ 1,000,000 $ 4,441,790 $ 530,000 $ 487,019 $ 620,000 $ 650,000 $ 454,740 $ 800,000 $ 420,000 $ 796,538 $ 700,000 $ 1,600,467 $ 570,000 $ 560,401 $ 2,800,000 $ 1,050,000 $ 300,000 $ 217,995 $ 200,000 $ 367,692 $ 560,000 $ 1,200,000 $ 500,000 $ 312,500 $ 580,256 $ 892,948 $ (x1) (x2) Revenue Profit From Operations 73,176,092,000 $ 13,208,739,000 $ 177,866,000,000 $ 4,106,000,000 $ 52,329,000,000 $ 16,098,000,000 S 260,174,000,000 $ 63,930,000,000 S 91,244,000,000 S 32,754,000,000 $ 152,703,000,000 $ 4,737,000,000 $ 4,618,774,000 $ 1,402,499,000 $ 1,370,227,000 $ 451,050,000 $ 1,805,310,000 $ 917,466,000 $ 90,272,000,000 $ 23,716,000,000 $ 1,194,651,000 $ (2,333,000) $ 232,755,000,000 $ 17,346,000,000 S 858,833,000,000 $ 77,835,000,000 $ 82,059,000,000 S 17,328,000,000 $ 46,826,000,000 $ 10,003,000,000 $ 7,843,000,000 $ 4,069,000,000 $ 125,843,000,000 $ 42,959,000,000 $ 60,209,000 S (545,720,000) $ 20,156,447,000 S 2,604,254,000 $ 39,117,000,000 $ 4,801,000,000 $ 10,914,000,000 $ 2,270,000,000 $ 230,400,000,000 S 27,800,000,000 $ 36,126,000,000 $ 3,125,000,000 $ 5,755,189,000 $ 2,907,831,000 $ 6,764,000,000 $ (73,000,000) $ 377,289,000,000 S 188,694,000,000 $ 24,578,000,000 S (69,000,000) $ 69,570,000,000 $ 10,913,000,000 $ 252,632,000,000 $ 16,960,000,000 S 523,964,000,000 $ 20,568,000,000 S (x3) Total Assets 114,065,666,000 $ 131,310,000,000 $ 68,000,000,000 $ 338,516,000,000 $ 2,434,079,000,000 S 45,400,000,000 $ 1,382,092,000 $ 3,920,024,000 $ 5,446,372,000 $ 197,295,000,000 $ 792,803,000 $ 120,485,000,000 $ 858,661,000,000 $ 91,790,000,000 S 44,998,000,000 $ 34,249,600,000 $ 286,556,000,000 $ 1,589,422,000 $ 33,975,712,000 $ 23,717,000,000 $ 15,366,000,000 $ 352,564,497,000 $ 112,736,000,000 $ 31,231,630,000 $ 5,122,000,000 $ 953,986,000,000 S 34,309,000,000 $ 193,984,000,000 $ 488,071,000,000 $ 236,495,000,000 $ (x4) Cash 33,435,980,000 20,522,000,000 7,100,000,000 48,844,000,000 161,560,000,000 8,384,000,000 190,615,000 621,152,000 897,946,000 10,715,000,000 150,301,000 12,312,000,000 170,684,000,000 11,000,000,000 8,542,000,000 898,500,000 11,356,000,000 235,876,000 5,018,437,000 4,466,000,000 7,677,000,000 26,885,999,000 9,427,000,000 669,373,000 1,065,000,000 132,991,000,000 6,268,000,000 5,418,000,000 25,923,000,000 9,465,000,000 $ $ $ $ Nike $ $ $ $ S $ Nintendo Samsung Electronics Sanofi Simon Property Group Inc. Spotify Tencent Tesla The Walt Disney Company Volkswagen Walmart $ $ $ $ $ 1) of the four possible x-variables, which is the best predictor of CFO salaries? 2) For the answer to 1), what is the intercept and what does this number mean for determining a CFO's salary? 3) In the data provided for operating profit, there are noticable outliers. List the outliers and explain what is causing them to be outliers. 4) What would be a better predictor of a CFO's salary than the four listed x-variables? Explain your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance A Contemporary Application Of Theory To Policy

Authors: David N. Hyman

6th Edition

0030213088, 9780030213083

More Books

Students also viewed these Finance questions