Jamari conducts a business with the following results in 2018: revenue $20,000 depreciation on car 3,960 operating expenses of car 3,100 rent 6,000 wages 8,200 amortization of intangibles 680 jamari estimates that due to a depressed real estate market, the value of land owned by the business declined by $5,200. a. jamari's business has a of $ which is reported on his tax return. b. if the activity was a hobby, jamari will report $ as income. of his expenses, $ are allowed on his tax return.

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct