Explanation:
To find the probability that the sample which fails to meet the required weight or the standard weight of the marshmallows having banana flavor if the process of production is working, such that probability for the weekly sample leads to shutdown of the production if the process of the production is running properly of 1 % of the probability that at least five boxes out of the twenty five sample fails to meet the standard weight which is less than one percent that is [tex]$p(x \geq 5) \leq 0.01$[/tex]
We know that for p = 0.8, [tex]$p(x \geq 5) = 0.0452$[/tex]
Now using binomial simulation, we can determine that [tex]$p(x \geq 5) \leq 0.01$[/tex] for p = 0.0452
So the production process is to be redesigned for reducing the percentage of boxes of the Go Bananas of 16 ounces which failed to meet the required weight of the marshmallows having banana flavor if the production process is working properly to 5.42 percent.
What type of market entry strategy do you recommend for Burger Time?
Answer: Franchise
Explanation:
Franchise could be defined as when new or intending growing businesses use the name of bigger or renowned business names, brands to run their own business. This helps for popularity sake, and making the goods of the smaller business to be marketable through the awareness that has been built in the trust that people have known the big firm for. Most new firms looking to break a competitive market aim at doing this.
Q 2.29: During its most recent period, Raymond Manufacturing expected Job No. 59 to cost $600,000 of overhead, $1,000,000 of materials, and $400,000 in labor. Raymond applied overhead based on direct labor cost. Actual production required an overhead cost of $590,000, $1,140,000 in materials used, and $440,000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead?
Answer:
$70,000 overapplied
Explanation:
Raymond manufacturing expected job No 59 to cost $600,000 of overhead , $1,000,000 materials and $400,000 labour
The actual production cost is $590,000
$1,140,000 worth of materials were used and $440,000 labour cost
The first step is to calculate the overhead rate
= expected overhead /expected cost of labor
= $600,000/$400,000
= 1.5
The overhead applied can be calculated as follows
= overhead rate× real cost of labor
= 1.5 × $440,000
= $660,000
Therefore the over applied or underapplied can be calculated as follows
= $660,000-$590,000
= $70,000
Hence the overapplied is $70,000
Which of the following terms refers to two companies combining to form a new company?
A. Joint venture.
B. Merger.
C. Acquisition.
D. Spin-off.
Answer:
B. Merger.
Explanation:
According to the given situation when two organization work together to establish a new organization for a purpose or we can say that for the benefit of the organization that is known as merger.
Merger basically may be defined as it is the mixture of two things, mainly of an organization.
Therefore the as per the above explanation the correct answer is B. Merger.
You deposit a check for 15000 from the company owner into the checking account. Show thr effect on the accounting equation using the extended accounting equation
Answer:
Assets = Liabilities + Equity Revenue - Expenses = Income Cash flows
cash capital $ type
$15,000 = $0 + $15,000 $0 - $0 = $0 15,000 financing
You deposited $15,000 which increases the cash account and at the same type increases the paid-in capital account. Since it is not part of the operating activities, it doesn't affect revenues, expenses or income. The $15,000 increase in cash is classified as a financing activity cash inflow.
Select the correct answer.
Dorothy has been operating a small florist shop in a particular location for years. Recently, a new florist started a business two blocks away from
Dorothy's shop. Dorothy seems to be losing most of her old and regular customers. She is unable to recover her business in the presence of a
strong rival. Considering the traits of a good entrepreneur, which statement about Dorothy would be appropriate?
OA She is not opportunistic.
ОВ.
She is not competitive.
Ос.
She is not energetic.
OD
She is not confident.
Reset
Next
Answer:
B. She is not competitive
Explanation:
She doesn't have the competitive characteristic to expand her market past the new florist.
Answer:
b.
Explanation:
A She is not opportunistic.
В.
She is not competitive.
с.
She is not energetic.
D
She is not confident.
"In an existing margin account, a customer sells short 100 shares of ABC at $45. At the end of the day, the stock is valued at $35 per share. What is the margin requirement?"
Answer:
$1,000
Explanation:
In an existing margin account, If a customer sells short 100 shares of ABC at $45, the selling price of 100 shares will be $45 × 100 = $4,500
If at the end of the day, the stock is valued at $35, then the price of the stock at the end of the day will be $35×100 = $3,500
Margin requirement = difference between the stock price and selling price.
Margin requirement = $4,500-$3,500
Margin requirement = $1,000
If you do not complete high school, you are typically paid more than those who pursue post-secondary education Please select the best answer from the choices provided T F
Answer:
false
Explanation:
Post-secondary education refers to an education that goes beyond high school.
Answer:
false
Explanation:
nlg gers number yes 34 to yes
Answer:
Umm what are u trying to get 34 to
Which of the following statements about strategy is most accurate? A) An organization can be all things to all people because it has access to all the resources it needs to discover and satisfy the needs and wants of its target markets. B) The marketing department helps to both set an organization's direction and move it there. C) The American Marketing Association (AMA) recently has established the definition of strategy. D) Strategy is an organization's short-term course of action designed to deliver a specific customer experience while achieving its internal standards. E) Only start-up organizations must develop strategies to help them raise capital as well as focus and direct their efforts to accomplish their goals.
Answer:
B.
Explanation:
The term 'strategy' can be defined as a long-term goal of a business intended to provide customer experienec in a unique manner and all the while achieving its internal targets.
The word 'strategy' is derived from the Greek word 'strategia' which means 'generalship or an art of command.' In marketing, or any other field, strategy is used to set long-term goals and the actions to achieve the goal.
From the given options, the statement that corrrectly describes strategy is option B. In buiness, it is the marketing department that sets goals and strategize the plans and actions to execute these plans.
Tamica doesn’t say because she lives with her parents and doesn’t think she needs any savings since they cover most of her bills which of the following is an argument against her thinking
Answer:
Savings prepare for emergencies
Explanation:
They really do
Savings prepare for emergencies.
How much should you have in your savings account for emergencies?Even as the scale of your emergency fund will vary relying on your lifestyle, costs, profits, and dependents, the rule of thumb is to put away a minimum of three monthly months' nicely really worth of expenses.
What should monthly you save monthly for a catastrophe?Some financial specialists advocate saving for three-6 months well well worth of residing fees, and even though that is without a doubt an intention month-to-month aspire month-to-month, constructing an emergency fund period of this value is a daunting challenge, and as an end result, lots of us throw in the month before even getting started out.
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Veronique and Lily each bought a piece of luggage that had the same price in different stores. The tables below shows how they will pay for the item.
Answer:
D. Lily because her final cost, including finance charges, is less than Veronique’s.
Explanation:
just took the pre test
The final cost incurred, showed that the better financial decision was made by D. Lily because her final cost, including finance charges, is less than Veronique’s.
How did Lily make a better financial decision?Total amount paid by Veronica:
= 25 x 10 months
= $250
Total amount paid by Lily:
= 35 x 7
= $245
Lily paid a lower amount including the finance charges and so made the better financial decision.
Find out more on financial decision making at https://brainly.com/question/16004840.
Ivan has plenty of money to invest but so far has bought high-risk securities. Explain how Ivan could diversify and whether it is necessary.
Answer:
Its important to diversify because it can help an investor manage risk and reduce the volatility of an asset's price movements. If his high risk investment backfires hes left with almost nothing, diversifying can give him a safety blanket just incase. The many ways he can diversify include, but aren't limited to, Use asset allocation or target date funds, Invest in a mix of mutual funds or ETFs, Customize with individual stocks and bonds, Vary company size and type, Invest abroad, and add complexity.
Explanation:
How does specialization affect voluntary exchange between countries?
Answer:
It increases voluntary exchange by encouraging other countries to be less self-sufficient
Explanation:
A correct statement concerning a real estate limited partnership is that: (A) The ordinary and necessary expenses of the general partner(s) in operating the business are completely nondeductible. (B) Management expertise and economic soundness are among the factors that should be considered in evaluating real estate limited partnerships. (C) Hard costs such as those incurred by a partnership in acquiring land are wholly deductible as they occur. (D) A corporation cannot be a general partner since a corporation has limited liability.
Answer:
(B) Management expertise and economic soundness are among the factors that should be considered in evaluating real estate limited partnerships.
Explanation:
The limited partnership in a real estate allows to have a general partner if there is no conflict of interest, it do not impose any restriction on a corporation having limited liability.
Further all the operating costs are wholly deductible and the costs associated with acquiring land are not deductible.
Management shall be expert in the work they perform also their soundness to business provides extra benefit to real estate business, as it is all about getting maximum contracts.
How can the use of new technology in industry benefit consumers?
A. Consumers can allocate their resources wisely.
B. Consumers have greater access to information.
C. Consumers can use materials from anywhere.
D. Consumers can ship goods around the world.
Answer:
B
Explanation:
Answer:
B
Explanation:
What is the informal economy? how many people in the world's economy work in "system d"? what are some of the advantages of the informal economy? what are some of the disadvantages of the informal economy? does the united states have an informal economy? why or why not?
Answer:
Depending where you look for information, informal economy can cover a lot of different jobs and industries. The informal economy doesn't pay taxes and it is excluded in the gross domestic product. Some organizations include other industries under the informal economy, specially those that are not regulated or adequately controlled by the government. This includes many people who are self-employed or even employees that perform unprotected jobs. E.g. companies that hire poor or illegal immigrant workers and pay them on a daily basis.
According to the International Labor Organization, more than 61% of the world's population works under informal economies.
Some advantages of informal economies are:
higher income resulting from not paying taxes (even on a personal level, if you are able to work and earn a living but do not pay taxes, your personal net income will be higher than if you actually paid taxes). a lot of people are part of it, that means large scale employment.Informal economies tend to have serious disadvantages because the most powerful tend to abuse form the least powerful:
child labor or even forced labor unprotected jobs, e.g. no social security, no health care benefits, no safety at work, etc.Approximately 11-12% of the US economy is considered informal, and that represents almost $2.5 trillion per year. Some normal activities are included in the informal economy although we never think about them as being out of the system, e.g. babysitting, landscaping and cleaning services, etc. Other informal activities are more obvious, e.g. prostitution, drug dealing, theft, etc.
Define the four factors of production and the differences between physical and human capital.
Carradine Company prepares an adjusting journal entry to accrue salaries at year-end. What effect will this entry have on the financial statements
Answer: Increase in Liabilities; Decrease in Equity
Explanation:
If Salaries are accrued at year end, the salary expense will be credited to the Salaries Payable account which is a liability account to reflect that the company owes its staff some money.
The amount owed will be debited to the salaries expense account and so will reflect in the Income statement where it will reduce the net income for the period. This means that it will reduce Retained Earnings for the period and as Retained earnings is an Equity account, Equity in total will decrease.
6. Which of the following describes a non-employee business? (1 point)
an architect who has only a part-time assistant
a small ice cream shop where only one person works at a time
a person who works from home for a larger company
a manicurist who works from her home or at clients houses
Answer:
a manicurist who works from her home or at clients’ houses
Explanation:
"Lyla is a little more efficient at making potato soup than Jose. She is a lot more efficient than Jose at making bread. They decide to specialize and trade. What should Lyla specialize in making
Answer:
Making bread
Explanation:
Lyta has to specialize in making bread. By specialization, it means that lyta should focus it's productive efforts on making bread, because from the question she clearly has an absolute advantage in making bread Since the question says she is more efficient in making bread compared to the other product. It means she can produce bread in larger quantities at same cost or she can produce same quantity of bread at lower cost.
If you owe $2000 on a credit card, at an 18.4% interest rate and you make $50
monthly payments, how much will you end up paying before the charges are paid
off?
Answer:B
Explanation:
Which of the following pieces of information is needed to compute flow time at a dentist's office?
A. Travel time of patients from home to the dentist.
B. Scheduling time of patients.
C. Arrival time of patients.
D. Arrival time of staff.
Answer:
C. Arrival time of patients.
Explanation:
Flow time is a term used in business operations to describe the quantity of period or duration a flow unit such as the number of customers attended to, commodities produced, etc, consumes in a business operation from start to finish. It can be calculated by the formula T = I/R
Where T = Flow time, I = average inventory, R = number of customers attended to / time period
Hence, in this situation, the information that is needed to compute flow time at a dentist's office is option C Arrival time of patients.
Which of the following students is most likely to receive a merit-based scholarship?
A.
a student from a low-income family
B.
a student with a delinquency record
C.
a student from a political family
D.
a student with a high academic score
E.
a student from a middle-income family
Answer:
D
Explanation:
According to Maslow, what must happen before people start trying to satisfy growth needs?
A) They must satisfy deficiency needs.
B) The must develop wisdom.
C) They must develop motivation.
D) They must satisfy higher-order needs.
c is my guess
Explanation:
Which of the following is NOT an application used in social business?
A. Communities
B. Crowdsourcing
C. Email
D. Social networks.
E. Blogs and wikis.
The application that is not used in social business is Communities.
This is because Communities is not an application.Community is just a term that is used to describe a group of people that are living in the same geographical area, often with similar interests or goals.However, Crowdsourcing is an application that is used in gathering information about people such as service providers or consumers.Email is a web application that is used to communicate with people far and near. It can be used to advertise and inform people about a product.Social networks: this is an application in which business owner can use to communicate with his customers or gather new clients. Blogs and wikis: this is also a web application that is used in writing about things or events. It can be used to store product description and promote it to the target consumers.Hence, in this case, the correct answer is option A. "Communities."
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An example of an income payment is wages. These are paid in exchange for A) government handouts B)goods and services C) products D) 4 factors of production
An example of an income payment is wages. These are paid in exchange for goods and services. Thus, option (b) is correct.
What is services?The term “services” refers to repairing the items and the object. The services are provided by someone who is an expert at repairing the items in exchange for the money. The service was also referred to as the men and women who worked in the offices, as the authority is called the service class.
According to the income payment, was on the describe are the wages. There was on the exchange was the goods and the services. The households are to earn the money was to spend the income of the purchased the goods and the services. The business are to spend the income on the production of the goods and the services.
As a result, the example of an income payment is wages. These are paid in exchange for goods and services. Therefore, option (b) is correct.
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What is a celebrity endorser?
Chenglei, an IT manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Chenglei is utilizingA) job evaluationB) management science.C) behaviorism.D) the Hawthorne effect.E) scientific management
Answer: scientific management
Explanation:
The measure of the total annual income received by residents of a nation is called _____.
Answer: Gross National Income
Explanation:In a bid to measure and track the wealth of a nation, various economic terms are employed in keeping track of income generated by a nation from time to time usually on an annual basis. The Gross Domestic Product defines the value of all goods and services produced in a nation within a year. Hence, Gross Domestic Product(GDP) is concerned goods and services of domestic nature. The Gross National product(GNI) encompasses a nation's GDP and foreign revenue earned by nationals of a country.
Answer: The answer is GROSS NATIONAL INCOME
Explanation: Gross National Income (GNI) is the cummulative amount earned by individuals and businesses of a nation.It is a measure of the total annual income received by reaidents of a nation.
GNI is an alternative to Gross domestic product (GDP) as it sums up all income earned by residents of a nation removing the net income from abroad.
Compared to a short-term investment, a long-term investment is generally considered to have similar returns. to be equally as risky. to have greater risk. to offer lower returns.
Answer: To have greater risk
Explanation:
Long term investments are considered to be riskier due to the increased exposure they will have to market conditions like inflation and interest rates.
An investment that will take longer to mature will run the risk of giving returns that will be eroded as inflation rises overtime which means the investor is getting less return per dollar. This risk is one reason why longer term investments are charged higher returns.
Answer:
To have greater risk.
Explanation: This is the correct answer on Edge 2020 ^-^ (I just recently completed the test).
