The answer is: C. $2,422,200
Calculations:
Percentage of holdings of Matsui in Yankee= 66000/330000= 20%
Investment in Yankee
= Amount paid for investment + Share in net income-Share in dividends= 2376000+(330000*0.20)-(99000*0.20)= $2,422,200
What is investment?
Investing is using money to buy an asset and increase its value over a period of time. Making an investment requires sacrificing your current assets such as time, money and effort.
In finance, the purpose of investment is to make a profit on the money invested. Income consists of realized gains (profits) or losses on the sale of property or investments, appreciation (or depreciation) of unrealized capital, or investment income such as dividends, interest or rental income, or a combination of capital gains and income. may occur. Returns may also include currency gains or losses due to exchange rate fluctuations.
Investors generally expect higher returns from riskier assets. Low-risk investments usually have lower returns as well. Similarly, the higher the risk, the higher the potential for large losses.
Therefore, correct option is c: $2,422,200.
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Mrs. Kirk withdrew $30,000 from a retirement account and used the money to furnish her new home. Her marginal tax rate is 24 percent. Compute the tax cost of the withdrawal in each of the following cases:Mrs. Kirk is 56 years old. She withdrew the money from a personal savings account.Mrs. Kirk is 56 years old. She withdrew the money from her employer-sponsored qualified plan upon her retirement from the company.Mrs. Kirk is 56 years old. She withdrew the money from her employer-sponsored qualified plan, but she intends to work for the employer for at least 10 more years.Mrs. Kirk is 61 years old. She withdrew the money from her employer-sponsored qualified plan, but she intends to work for the employer for at least four more years.
Kirk's tax cost of the premature withdrawal is $10,200 ($7,200 tax [$30,000 taxable withdrawal × 24%] + $3,000 penalty [$30,000 × 10%]).
What is premature withdrawal?
Payments made from an individual retirement account (IRA), 401(k) investment account, a tax-deferred annuity, or any other qualified retirement-savings plan to a recipient who is under the age of 59.12 are referred to as premature distributions (also known as an early withdrawal). The Internal Revenue Service (IRS) imposes a 10% early withdrawal penalty in an effort to deter investors from making early withdrawals from their retirement plans.
The premature distribution penalty requirements are not applicable to first-time homebuyers, educational expenditures, medical charges, or distributions from an IRA before the age of 59 that are paid in at least five substantially equal monthly installments under Rule 72(t) (SEPPs).
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capitalism is an economic system that: private individuals and coporations the right to own productive resources. true or false?
Capitalism is an economic system in that private individuals and corporations have the right to own productive resources. The above statement is true.
What is Capitalism?Private individuals or corporations own capital assets in a capitalist economic system. In addition, business owners (capitalists) employ labor, which does not own the means of production but merely employs them on behalf of the capital owners. Labor is paid solely wages by business owners (capitalists).
Instead of using central planning, which is known as a planned economy or commands Capitalism, the production of goods and services under capitalism is based on supply and demand in the general market, known as a market economy.
Laissez-faire, or free market, capitalism, is the most basic type. Private people are allowed to be themselves here. They may choose where to invest, what to create or sell, and how much to charge for goods and services. Without any restrictions or checks, the market is laissez-faire.
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Match the following descriptions to the appropriate element of Lean Manufacturing A system involving every employee that is based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems Managers must support LEAN Manufacturing by providing subordinates with the skills, tools, time, and other necessary resources to identify problems and implement solutions Move people and materials when and where needed, and as soon as possible A systematic process of effective workplace organization and standardization which allows identification of variations from standard operating conditions Firms reduce costs by eliminating wait times, Inventories, material and people movement processing steps, variability, and any other non value-adding activity Kanban I Kanbans Workforce Commitment Lean Layout Waste Reduction Continuous Improvement Changeover Time Reduction Setup Time Reduction Lean Supply Chain Relationships Small Batch Scheduling Setup Time Reduction Lean Supply Chain Relationships Small Batch Scheduling Acceptance Sampling The Five S's Pull Approach Respect for People Total Quality Management Uniform Plant Loading
An economy that doesn't grow has to use lean economics to be stable. Its institutions are designed to be crucial tools for managing and safeguarding its diminutive stature.
What is Lean?The work and behaviors that both directly and indirectly provide value for the customer and the people performing that job are where lean practice starts. Workers and management learn via continuous experimenting through inventing in their job, whether it be physical or knowledge labor, for ever-improving quality and flow, less time and effort, and reduced price. Because lean thought and practice foster systematic and continuous learning, an organization that practices lean is, in comparison to its peers, extremely flexible in its ever-changing environment.
A lean organization is set up to continually understand the customer and their environment, i.e., to define value and seek out more effective methods to deliver it:
Development of products and procedures from order fulfillment to production and delivery, and from delivery through upgrades and maintenance to recycling throughout the product's or service's lifecycle.
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Which of the following Human Resources activities can build a sustainable competitive advantage for retailers? a.compensation and incentives b.benefit programs c. selective hiring and training d. work-life balance programs
The correct response is c. selective hiring and training. Selective hiring and training Human Resources activities can build a sustainable competitive advantage for retailers
The group of individuals that make up an organization's, business sector's, industry's, or economy's workforce is known as human resources (HR). Human capital, or the knowledge and abilities that people possess, is a more specific idea. Manpower, labour, personnel, colleagues, or simply "people" are comparable concepts. An organization's human resources department (HR department) manages human resources, supervising a variety of employment-related tasks like ensuring that labour laws and employment standards are followed, conducting interviews and selecting employees, managing performance, administering employee benefits, organizing employee files with the necessary paperwork for future use, and managing some aspects of recruitment (also known as talent acquisition) and employee offboarding. They act as a liaison between a company's management and its workers.
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at year-end december 31, chan company estimates its bad debts as 1% of its annual credit sales of $487,500. chan records its bad debts expense for that estimate. on the following february 1, chan decides that the $580 account of p. park is uncollectible and writes it off as a bad debt. on june 5, park unexpectedly pays the amount previously written off.
Estimates of bad debts = $487500 x 1% = $4875
What is accounting?
Accounting, also called bookkeeping, is the measurement, processing, and transmission of financial and non-financial information about economic entities such as businesses and enterprises. Financial reporting, called the “language of business,” measures the results of an organization's economic activities and communicates that information to various stakeholders such as investors, creditors, management and regulators. Accounting practitioners are known as accountants. The terms "accounting" and "financial reporting" are often used interchangeably.
Accounting can be divided into several areas such as financial accounting, operational accounting, tax accounting and cost accounting. Financial accounting focuses on reporting an organization's financial information to external users, including preparing financial statements. B. Investors, Regulators and Suppliers. Management accounting focuses on measuring, analyzing, and reporting information for internal use by management.
Therefore, Estimates of bad debts = $487500 x 1% = $4875
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In the GMP partnership (to which Elan seeks admittance), the capital balances of Mary, Gene, and Pat, who share income in the ratio of 6:3:1, areMary $252,000Gene $126,000Pat $42,000A If no goodwill or bonus is recorded, how much must Elan invest for a one-third interest?
The Required contribution(Elan) is 210000.
What is Capital Balance?On a national scale, a country's balance of payments is represented by the capital account. The net change in a country's assets and liabilities over the course of a year is tracked by the capital account. Economists can determine a country's net capital importer or net capital exporter based on the balance of its capital account.
Capital Balance refers to the principle balance of a loan at any one time, to which the servicer applies the applicable interest rate at which interest is accruing on that loan;
Account Names Amounts
Mary 252000
Gene 126000
Pat 42000
2/3 Total resulting capital 420000
Total resulting capital(S420000*3/2) 630000
Net capital prior to admission -420000
Required contribution 210000
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Michaela lives in New York where there are hundreds of different shoe stores to shop at, which allows her to always find the best price on her favorite shoes. In this situation, the presence of many competitors results in Multiple Choice the use of predictive analytics. a concentrated retail system. a high elasticity of demand. () the use of prescriptive analytics. O inelastic demand.
Michaela lives in New York where there are hundreds of different shoe stores to shop at, which allows her to always find the best price on her favorite shoes. In this situation, the presence of many competitors results in a high elasticity of demand.
The best price is the price which is decided by the manufacturer before selling it to the market place. The best price is the price which is higher than the manufacturing price to earn profit and sometimes give discount rate for more sales.
The higher elasticity of demand leads the price elasticity of demand, the more quantity demanded is given a change in price.
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The profit-maximization problem for a monopolist differs from that of a competitive firm in which of the following ways?
A. A competitive firm maximizes profit at the point where marginal revenue equals marginal cost; a monopolist maximizes profit at the point where marginal revenue exceeds marginal cost.
B. A competitive firm maximizes profit at the point where average revenue equals marginal cost; a monopolist maximizes profit at the point where average revenue exceeds marginal cost.
C. For a competitive firm, marginal revenue at the profit-maximizing level of output is equal to marginal revenue at all other levels of output; for a monopolist, marginal revenue at the profit-maximizing level of output is smaller than it is for larger levels of output.
D. For a profit-maximizing competitive firm, thinking at the margin is much more important than it is for a profit- maximizing monopolist.
A competitive firm maximizes profit at the point where average revenue equals marginal cost; a monopolist maximizes profit at the point where average revenue exceeds marginal cost.
What is implied by the marginal cost?The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost of production in economics. Finding the point at which an organization can realize economies of scale to improve production and overall operations is the goal of marginal cost analysis.
What do you mean by marginal costs?The term "marginal costing" refers to the increase or decrease in the total cost of production brought on by variations in the targeted output amount. It can be used by managers to plan budgets and profitability, regulate manufacturing costs, optimize output, streamline operations, and more.
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anabel purchased a smart speaker. she connected it to all the smart devices in her home. which of the following communication models is she using?
If anabel purchased a smart speaker. she connected it to all the smart devices in her home. The type of communication models she is using is: Device-to-device.
What is Device-to-device?Device-to-device communication can be defined as the type of communication that enables mobile phone user to connect their device to two or more mobile user.
This Device-to-device enables a device to communicate with one another. Example is when a mobile user connect his/her infrared or bluetooth with that of another mobile user.
A mobile user can as well connect their mobile bluetooth with that of a smart speaker so as to enables the user to listen to music that already existed in his/her mobile phone through the smart speaker.
Therefore this is an example of Device-to-device.
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First Rate Bookkeeping is completing work for a contract client that is billed when work is completed. At the year-end, First Rate had completed $500 of bookkeeping services that were unbilled and unrecorded. The entry to record this adjustment will include a debit to the___________ account in the amount of $500.
accounts receivable
At the year-end, First Rate had completed $500 of bookkeeping services that were unbilled and unrecorded. The entry to record this adjustment will include a debit to the receivable account in the amount of $500.
Bookkeeping is the daily recording of financial transactions and other information with the goal of creating financial statements from the kept books of accounts.
The first step in creating a company's books of accounts is bookkeeping. It entails identifying transactions, carrying them out, and acting as a repository for records for other events of a like nature.
There are several ways to keep books, but the single entry and double entry systems are the most widely used.
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a company has budgeted total overhead at actual units produced of $10,400. the company has actual total overhead of $12,000. the controllable variance is:
If a company has budgeted total overhead at actual units produced of $10,400. the company has actual total overhead of $12,000. the controllable variance is: $1600 U.
How to find the controllable variance?Using this formula to determine the controllable variance
Controllable variance = Actual total overhead - Budgeted (flexible)
Where:
Actual total overhead = $12,000
Budgeted (flexible) = $10,400
Let plug in the formula
Controllable variance = $12,000 - $10,400
Controllable variance = $1600 U
Therefore the controllable variance is $1600 U.
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A regression model is obtained to relate sales (in number of cases) to shelf display height (bottom, middle, top). The dummy variable Middle is defined to be 1 if the product is displayed on the middle shelf and 0 otherwise. (The dummy variable Bottom is defined similarly). Looking at the provided regression analysis, which of the following conclusions is correct?
Sales are 4.3 instances higher when products are presented on the bottom shelf as opposed to the top shelf, according to the available regression analysis.
A statistical technique that demonstrates the link between two or more variables is regression analysis. The approach examines the relationship between a dependent variable and independent variables, typically represented in a graph.
To link sales in the number of cases to shelf display height bottom, middle, and top, a regression model is obtained. When a product is placed on the middle shelf, the dummy variable Middle is defined to be 1, otherwise it is set to 0.
In a similar manner, the dummy variable Bottom is defined. The available regression analysis shows that when products are displayed on the bottom shelf as opposed to the top shelf, sales are 4.3 times greater.
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To invoke the binary constraints on the variables, the option "bin" is chosen from the dropdown box in the Add Constraint dialog. True False
True. To invoke the binary constraints on the variables, the option "bin" is chosen from the dropdown box in the Add Constraint dialog.The Add Constraint dialog's selection box's "bin" option must be selected
on an n-by-n chessboard so that they cannot attack one another (horizontally, vertically, or diagonally). Queen 1 cannot attack Queen 2, Queen 1 cannot attack Queen 3, and so on between all pairs of queens. Each restriction in this issue is binary since it only takes into account the positioning of two distinct queens. Strongly polynomial time may be used to solve linear programs with all binary constraints, which is a finding that is not known to hold for more generic linear problems.
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Terrence Industries charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year: (8 04:22:17 Budgeted manufacturing overhead Actual manufacturing overhead Budgeted labor hours Actual labor hours $2,300,000 2,313,000 115,000 116,750 Print Which of the following choices is the correct status of manufacturing overhead at year-end? Multiple Choice Overapplied by $13,000. Underapplied by $13,000. o Overapplied by $22,000. o Underapplied by $22,000. o o Overapplied by $35,000.
According to the Terrence Industries, the status of manufacturing overhead at year-end is Overapplied by $22,000. The correct option is (c).
What do you mean by the manufacturing overhead?The total of all indirect costs incurred during the manufacturing of a product is known as manufacturing overhead (MOH) cost. Along with the expenses of direct materials and direct labour, it is included in the price of the finished product.
These expenses must be allocated to products so that they accurately reflect the whole cost of manufacturing the thing since they are crucial to the development and creation of goods during the production process.
Here,
Predetermined overhead rate=Estimated overhead/Estimated labor hours
Predetermined overhead rate =(2,300,000/115,000)
Predetermined overhead rate =$20/labor hour
Hence,
applied overhead = Predetermined overhead rate × Actual labor hours
applied overhead =$20/labor hour*116750 =$2,335,000
Hence since applied overhead is greater than actual overhead;
Overapplied overhead=$2,335,000-$2,313,000 =$22,000
Therefore, the Terrence Industries, the status of manufacturing overhead at year-end is Overapplied by $22,000.
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the following data occurs chronologically from left to right: 15.2 19.7 16.0 11.1 14.8 14.5 the number of runs up and down is:
The sample median of the number of runs is 15.
What is a median of a sample?
Median is one of the measures of central tendency. It is the middle value of the sample. It may be both, either in ascending or in descending order.
To find the median of the sample, the first step is to arrange the data, either in the ascending order or in the descending order. Since the given data is not already arranged, we have to first arrange the data in order to find the median.
11.1, 14.5, 14.8, 15.2, 16.0, 19.7
The given data is now arranged in ascending order.
We get the central values in the sample as 14.8 and 15.2.
The median is the central value of these two figures
Average= 14.8+15.2/2= 15
Thus the median is 15.
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Suppose that, during a recession, the government borrows money to provide feed subsidies to cattle farmers. Which of the following statements are correct? Choose one or more: A. Crowding-out will occur as individuals choose to rely on feed subsidies instead of purchasing their own.B. The provision of feed subsidies is an example of an automatic stabilizer.C. This policy will likely be accompanied by an impact lag as the policy takes time to make its way to the people.D. The feed subsidies to cattle farmers will likely raise interest rates as the government borrows more money to finance the purchase.E. The government is engaging in contractionary fiscal policy.
The effect if the Government borrows money to provide feed subsidies to cattle farmers are
The free movies as a distraction from the poor economy will likely raise interest rates as the government borrows more money to finance the purchase.This policy will likely be accompanied by an impact lag as the policy takes time to make its way to the people.Crowding-out will occur as individuals choose to rely on free movies instead of purchasing their ownWhat is a recession?When there is a general fall in economic activity, there is a recession, which is a contraction of the business cycle in economics. Recessions typically start when consumer spending falls dramatically across the board.
In a recession, what takes place? In a recession, economic output, jobs, and consumer spending all decline. As the central bank lowers rates to support the economy (like the U.S. Federal Reserve Bank), interest rates are also likely to decrease.
A prolonged period of weak or negative real GDP (output) growth that is accompanied by a noticeably higher unemployment rate is known as a recession. During a recession, a lot of other economic activity indices are similarly weak.
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3. What is the nature of Lenovo’s international strategy? Is the firm’s strategy primarily multi domestic or global? Justify your answer. What advantages does Lenovo derive from the particular international strategy(s) that it pursues?
Lenovo’s international strategy is primarily focused on its global reach to build a diverse product portfolio, create strong emerging markets, and capitalize on opportunities in the computing and analytics markets.
Is the firm’s strategy primarily multi domestic or global?
Lenovo's international strategy is a multi-domestic approach. The company has tailored its products and services to meet the needs of local markets, while leveraging its global scale to drive efficiency and cost savings. Lenovo has also invested in local research and development, marketing, and operations to better serve its customers in their respective markets. Lenovo has also strategically acquired companies in other countries, such as Motorola and IBM’s ThinkPad, to expand its presence in different markets.
What advantages does Lenovo derive from the particular international strategy(s) that it pursues?
The advantages of Lenovo’s international strategy include increased market penetration, access to new technologies, and a more efficient supply chain. The firm can leverage its global presence to provide customers with a wide range of products and services, and to respond quickly to changing customer needs. The company can also take advantage of cost savings in certain markets and benefit from economies of scale. Additionally, Lenovo’s global strategy helps the company to capitalize on opportunities in emerging markets, such as cloud-computing and analytics.
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john and marie decide to plant shrubs on their property. these shrubs are called fructus industrials.
Based on the concept of law and personal properties, then it is True that the shrubs planted by John and Maire on their properties are called Fructus industriales
What is Fructus industriales?Fructus industrial is a term that is used to describe the annual plantings that require the owners to cultivate and are generally classified as personal property.
Fructus Industrials are generally referred to as fruits of labor or industry, i.e. such harvests or other products of the soil as are produced by man's industry through sowing and cultivation such as vegetables, corn, wheat, rye, oats, etc.
Fructus industriales is different from fructus naturals which is defined as uncultivated crops and perennial plantings, such as trees and bushes, and are generally classified as real property.
Hence, in this case, it is concluded that the correct answer is Fructus Industriales.
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Full Question
john and marie decide to plant shrubs on their property. these shrubs are called fructus industrials. True or False
Which of the following statements about financial condition analysis is(are) most correct?
a. Financial condition analysis focuses on whether an organization has the financial capacity to accomplish its mission.
b. Financial condition analysis often results in a list of financial strengths and weaknesses.
c. Financial statement analysis uses data contained in an organization’s financial statements to assess financial condition.
d. Operating analysis uses operating data to explain financial condition.
e. All of the above statements are correct.
the following statements about financial condition analysis are (are) most correct- Financial condition analysis focuses on whether an organization has the financial capacity to accomplish its mission.
Operating analysisThe study of operational systems with the goal of discovering possibilities for improvement is known as operations analysis. It goes under several names, including Operational Research and Industrial Engineering. The discipline dates back to World War II. . Financial condition analysis often results in a list of financial strengths and weaknesses. Financial statement analysis uses data contained in an organization’s financial statements to assess financial condition. Operating analysis uses operating data to explain financial conditions.
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Dream Home] Jacob finds a dream home on the lake. He wants to buy it but is unsure whether he can get a loan. He signs a contract with the seller that he will buy the home provided that he can obtain a loan. Jacob also includes a clause in the contract with the seller stating that if he loses his job before the date the purchase contract is signed, the seller will release him from any obligation. After obtaining a loan and buying the home, Jacob decides he wants to have new windows installed. He enters into a contract with a window contractor. The window contractor visits the home, but never finds Jacob there. The contractor makes several attempts to reach Jacob, but Jacob does not return phone calls and makes no attempt to assist the contractor in arranging the window installation. The provision that the seller will release Jacob unless he is able to obtain a loan is a(n) _______.
'Multiple Choice
Condition subsequent
Condition precedent
Bona fide condition
Condition concurrent
Exculpatory condition
A subsequent condition is that the seller won't release Jacob unless he can secure a loan.
By provision, what do you mean?
the practice or act of giving. the fact or state of having planned ahead; an action made in advance to address a requirement or contingency: preparation. made provision for replacements; a supply of essential goods.
What is a provision example?
A provision is a sum of money placed aside to cover potential expenses or other losses, including drops in asset value. Bad debt, loan losses, tax payments, pensions, warranties, out-of-date goods, restructuring charges, and asset impairment are examples of provisions.
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which of the following statements about compounds is true? which of the following statements about compounds is true? a substance that cannot be broken down into simpler substances. a substance composed of two or more elements in fixed, definite proportions. a substance that is not as common as pure elements. a pure substance that has variable composition throughout. none of the above
A compound is made up of two or more components in varying amounts as opposed to an element, which is a pure substance that cannot be broken down into simpler substances.
Compounds can be broken down into simpler substances, however an element cannot be broken down into a simpler form. The simplest pure substance that cannot be divided into smaller substances is an element. No two or more substances can ever be combined to make an element. Each element is a unique sort of matter with a single atom of that type. Sodium, nitrogen, hydrogen, etc. A compound is a pure material that is created by mixing two or more elements in a specific order. For instance, water is a compound because it is created by mixing hydrogen and oxygen in a 2:1 ratio.
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the first step in both the cpm and pert approaches is identify all project activities and time to complete each activity.
The first step in both the CPM and PERT approaches is identify all project activities and time to complete each activity.
CPM and Programme Evaluation and Review Techniques (PERT) are two well-liked quantitative analysis techniques that aid managers in the planning, scheduling, monitoring, and control of large-scale projects.
The network techniques or models that are frequently used in project management are the Programme Evaluation and Review Techniques (PERT) and the Critical Path Method (CPM). These methods are extremely helpful for organizing, planning, and carrying out lengthy projects that have a strict deadline. These projects require careful coordination of a wide range of intricate and interconnected activities, estimation of the resources needed for each activity, and the establishment of relationships between the various activities. The specific start and end times of each activity must be known when scheduling.
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Complete question:
The first step in both the CPM and PERT approaches is? Group of answer choices
a. Develop an activity network
b. Determine the sequential relationship between all of the activities
c. Determine the critical path
d. Identify all project activities and time to complete each activity
Melanie and Beau both work at comparable jobs at Technology Impact, Inc. Melanie is paid 15 percent less than Beau. Which of the following is not a legitimate defense to this pay inequality?
Melanie and Beau both work at comparable jobs at Technology Impact, Inc. Melanie's husband is a very successful businessman, the company pays her less .
Due to the widespread availability of computers and the Internet in offices, schools, and households during the Clinton administration, technology had considerable impact on society. One of American President Bill Clinton's priorities while in office was to advance science and technology throughout the nation. He accomplished this by making computers and the Internet accessible in households and places of business. These allowed Americans to access the internet more quickly and with more ease. Businesses, residences, schools, and organizations began developing their own personal websites. Technology has significantly impacted all aspects of our everyday life, from social media to employment - we look at the areas most affected. Almost every element of modern life is impacted by technology, from sociability and productivity to the speed and security of transportation to the availability of food and healthcare.
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When calculating IRR, the projected cash flows are discounted such that they will equal the initial investment amount. True/false
When calculating IRR, the projected cash flows are discounted such that they will equal the initial investment amount False.
IRR is determined using discounted cash flows, right?A different kind of discounted cash flow analysis is used to calculate IRR in order to ascertain the rate that results in initial investment breakeven. The startup costs for the company's investment project are included in the first investment. Businesses evaluate proposed projects' internal rates of return (IRR).
How is IRR determined from cash flows?Cut off the cash flow.
Calculate the typical cash flow.
Cash flow for every time is divided.
Choose a starting investment amount.
Subtract the costs of other companies.
Calculate net present value (NPV)
Play around with cash flow and IRRs.
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High-rent district: The mean monthly rent for a one-bedroom apartment without a doorman in Manhattan is $2663. Assume the standard deviation is $506. A real estate firm samples 106 apartments. Use the TI-84 Plus calculator.
(a) What is the probability that the sample mean rent is greater than $2733? Round the answer to at least four decimal places.
(b) What is the probability that the sample mean rent is between $2500 and $2575? Round the answer to at least four decimal places
(c) Find the 90th percentile of the sample mean. Round the answer to at least two decimal place.
(d) Would it be unusual if the sample mean were greater than $2690? Round answer to at least four decimal places.
(Yes or No), because the probability that the sample mean is greater than $2690
is_______.
.
(e) Do you think it would be unusual for an individual to have a rent greater than $2690? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places.
(Yes or No) because the probability that an apartment has a rent greater than $2690 is________.
The probability that the average rent of the sample is more than $2733 is 0.986
Is there a different term for renting?Charter, hire, leased, and let are a few frequent alternatives of the word rent. Rent emphasizes the cost of paying for the complete use of property and might indicate either hiring or letting, even if all these phrases mean "to hire or grant for use at a fee."
Briefing:
We assume that the monthly rent for a one-bedroom apartment without a doorman in Manhattan is normally distribution
Given : Mean monthly rent : a= $2663
Standard deviation : b=$506
Sample size : n=84
Let x be the monthly rent of randomly selected apartment.
Now. we calculate the value of z-score by the formula
z=x-a/b/√n
For x=2733
z=2733-2663/506/[tex]\sqrt[/tex]84
z=0.015
The p-value = p(x > 2733) = p(z > 0.015)
1-p (z < 0.015) = 1 - 0.01412136= 0.98587864 ≈ 0.986
Hence, the probability that the average rent of the sample is more than $2733 = 0.986
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In the context of leased property, which of the following statements is true?
A. The landlord can transfer possession of a property to a new owner but not the right to receive rent.
B. A landlord cannot sell the property that has been leased before the expiry of the lease agreement.
C. On sale of a leased property, the new owner cannot force the tenant to move out of the property before the expiry
of the lease agreement.
D. Even after the sale of the leased property, the old owner remains to be the landlord until the lease agreement
expires.
The landlord can transfer possession of a property to a new owner but not the right to receive rent.
LeaseA lease is a contract that specifies the terms under which one party agrees to rent property owned by another. The lease offers the tenant, also known as the lessee, access to an asset while simultaneously protecting the lessor, the property owner. Leases are legally binding contracts that establish. A lease is a contract that specifies the terms under which one party agrees to rent property owned by another. It ensures the lessee, also known as the tenant, the use of an asset and ensures the lessor, the property owner, or landlord, monthly payments from the lessee for a certain period of months or years.
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which of the following might be attributed to efficient inventory management? a. High inventory turnover ratio | b. Low incidence of production schedule disruptions | c. High total assets turnover | d. Statements a and c are correct. | e. All of the statements above are correct
The points which can be attributed to efficient inventory management are the high inventory turnover ratio, low incidence of production schedule disruptions, and high total assets turnover. So the correct option is e. all of the above statements above are correct.
Inventory management is the tracking of inventory from manufacturers to warehouses and from these facilities to point of sale. Inventory is the goods or materials a business intends to sell to customers for profit. The goal of inventory management is to have the right products in the right place at the right time.
The basic steps of inventory management include purchasing inventory, storing inventory, and profiting from inventory. This also requires inventory visibility - knowing when to order, how much to order and where to store stock.
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which of the following attempts to match the sunk cost of an asset with the periods that benefit from that cost?
Accounting depreciation will match the sunk cost of an asset with the periods that benefit from that cost.
What is Accounting depreciation?The Accounting depreciation is an asset throughout its useful life is referred to as depreciation. Depreciation is a measure of how much an asset has been used for. By paying for investments over a specific amount of time, it enables businesses to generate income from the ones they possess.
The initial cost of ownership is drastically lowered because businesses are not required to fully account for them in the year the assets are purchased. The profitability of a corporation may suffer significantly if Accounting depreciation is not taken into account. For both tax and accounting reasons, businesses can depreciate long-term investments.
The difference in value over time of intangible assets is taken into account by amortization, which is comparable to Accounting depreciation.
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the sarbanes-oxley act (sox) applies to group of answer choices all companies with gross annual revenues exceeding $500 million. publicly traded companies with gross annual revenues exceeding $500 million. all private and public companies incorporated in the united states. all publicly traded companies.
the sarbanes-oxley act (sox) applies to all publicly traded companies.
The Sarbanes-Oxley Act is what?The Sarbanes-Oxley Act of 2002 is a federal law in the US that requires firms to follow particular procedures for financial record keeping and reporting. The regulation was passed in response to several significant accounting and corporate scandals, such as Enron and WorldCom. The bill's provisions address the duties of a public corporation's board of directors, increase criminal penalties for specific offences, and demand that the Securities and Exchange Commission draught regulations outlining how public firms must abide by the legislation.
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Pastor Malachi received $55,000 in ministerial earnings: $38,500 salary for ministerial services,
$2,750 for performing weddings, and $13,750 excluded parsonage allowance. He incurred
$7,000 of unreimbursed expenses connected with his ministerial earnings: $5,500 related to his
ministerial salary and $1,500 related to the weddings performed as self-employed. What is
Pastor Malachi's deductible amount of unreimbursed expenses?
Pastor Malachi's deductible amount of unreimbursed expenses, given the excluded parsonage allowance, and the ministerial earnings, is $ 1, 125.
How to find the deductible amount of unreimbursed expenses?First, find the non deductible portion for Pastor Malachi's earnings as:
= Excluded parsonage allowance / Ministerial earnings x Earnings as self - employed
= 13, 750 / 55, 000 x 1, 500
= $ 375
Then, the deductible amount of unreimbursed expenses would be:
= Earnings from self - employment - non deductible portion
= 1, 500 - 375
= $ 1, 125
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