Answers
Please find full question attached
Answer:
Inferential statistics
Descriptive statistics
inferential statistics
descriptive statistics
Descriptive statistics
Inferential statistics
Explanation:
Descriptive statistics describes data and gives us a picture of what the data summary looks like using such things as mean and central tendency measures. Inferential statistics on the other hand aims to make predictions using the data based on data analysis such as collecting sample from population and constructing hypotheses to estimate outcomes for the general population. Example in the question, the first is inferential statistics as we make generalized predictions on batteries using data samples from the population of batteries of a particular type.
Related Questions
Bumblebee is a toy manufacturing company. Though the company has been effective in managing its resources without any wastage, its productivity efficiency report shows a decrease in the year 2013 when compared to the previous year. This outcome indicates that its productivity is _____.
Answers
Answer:
Efficient but not effective
Explanation:
Effective production is a term often used in business operations to describe a situation in which a company produces commodities with the utmost output from a given input or resources.
On the other hand, Efficient Production is a term that describes a situation in which a company produces commodities at the minimum likely cost.
Hence, in this case, it can be determined that Bumblebee's productivity is EFFICIENT by managing its resources without any wastage, but not EFFECTIVE because there is a decrease in production in the year 2013 when compared to the previous year.
Jackie has a margin account with $150,000 of his own money. The initial margin deposit required is 60 percent and Turtle Industries is currently selling at $50 per share. What is the maximum number of Turtle Industries shares Jackie can purchase meeting the initial margin requirement
Answers
Answer:
The maximum number of shares is 5,000 shares
Explanation:
The computation of the maximum number of shares is shown below:
= Margin account amount ÷ initial margin deposit required ÷ current selling price per share
= $150,000 ÷ 0.60 ÷ $50 per share
= 5,000 shares
hence, the maximum number of shares is 5,000 shares
We simply applied the above formula so that accurate shares could come
What causes unemployment post-keynesianism?
Answers
Answer:
involuntary employment
Explanation:
The Post-Keynesianism view is that effective demand is the main determinant of economic performance.
Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.
For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to involuntary employment.
Whispering Winds Corp. has the following transactions during August of the current year. Aug. 1 Issues shares of common stock to investors in exchange for $10,800. Aug. 4 Pays insurance in advance for 3 months, $1,200. Aug. 16 Receives $730 from clients for services rendered. Aug. 27 Pays the secretary $580 salary. Indicate the basic analysis and the debit–credit analysis.
Answers
Answer:
Aug. 1 Issues shares of common stock to investors in exchange for $10,800.
Accounting equation:
Asset + 10,800
Equity +10,800
Journal entry:
cash 18,000 debit
common stock 18,000 credit
Aug. 4 Pays insurance in advance for 3 months, $1,200.
Accounting equation:
Asset + 1,200
Assets - 1,200
Net 0
Journal entry:
prepaid rent 1,200 debit
cash 1,200 credit
Aug. 16 Receives $730 from clients for services rendered.
Accounting equation:
Asset + 730
Equity +730
Journal entry:
cash 730 debit
revenues 730 credit
Aug. 27 Pays the secretary $580 salary
Accounting equation:
Asset - 580
Equity - 580
Journal entry:
salaries expense 580 debit
cash 580 credit
Explanation:
We need to disclose how the impact in the accounting equation and the journal entry should be done:
Aug 1st the common stock is an equity account that is increasing
we receive cash that is an asset
August 4th we are using our cash to pay in advance the rent.
this gives a right to use the rental space for 3-months thus, it is not an expense is a new asset. There is no change in the accounting equation only the composition of assets changed.
August 16th we recognize earnings through revenues account this increases the equity of the company as well as assets.
August 27th in this case we pay the salaries which are an incurred cost, therefore, expense. This decreases equity.
We also use cash making assets to decrease as well.
Which one of the following is a real asset? Explain
A. A Patent
B. A personal IOU
C. A checking account balance
D. A share of stock
Answers
Leone and Sons Pickle Co. will pay its first annual dividend of $2 later today. Subsequent dividends will grow by 10% per year for the next three years, and then by 4% per year for each year after that. Find the present value of this stock, given an effective annual rate of 8%
Answers
Answer:
P₀ = $61.17
Explanation:
Div₀ = $2
Div₁ = $2.20
Div₂ = $2.42
Div₃ = $2.662
Div₄ = $2.76848
terminal value at year 3 = $2.76848 / (8% - 4%) = $69.212
P₀ = $2.20/1.08 + $2.42/1.08² + $2.662/1.08³ + $69.212/1.08³ = $2.037 + $2.075 + $2.113 + $54.943 = $61.168 ≈ $61.17
Kresley Co. has provided the following 20X5 current account balances for the preparation of the annual Statement of Cash Flows: January 1 December 31 Accounts receivable $11,500 $14,500 Allowance for uncollectible accounts 400 500 Prepaid rent expense 6,200 4,100 Accounts payable 9,700 11,200 Kresley's 20X5 net income is $75,000. Net cash provided by operating activities in the Statement of Cash Flows should be
Answers
Answer:
Net cash provided by operating activities in the Statement of Cash Flows should be $75,700.
Explanation:
Prepare the Cash Flow from Operating Activities Section of the Cash Flow Statement using the Indirect method as follows :
Cash Flow from Operating Activities
Net Income for the year $75,000
Adjustment for non-cash items :
Increase in Allowance for uncollectible accounts $100
Adjustment for changes in working capital :
Increase in Accounts receivable ($3,000)
Decrease in Prepaid rent expense $2,100
Increase in Accounts payable $1,500
Net Cash from Operating Activities $75,700
Which term refers to the possibility of an investor losing some or all of an investment?
O risk
0 likelihood
O probability
O chance
Answers
Answer:
The answer is Risk because every time a stock holder or/and investor puts money into someone else company/business, it's not promising that they'll get their profit back because the company/business may not expand as they intended too.
The term investment risk refers to the possibility of an investor losing some or all of an investment. Hence, option A holds true.
What is an investment risk?An investment risk is the term that relates to the chances that determine the status of an investment in such class where there is no certainty in gaining good or substantial amount of returns.
Risks of an investor cannot be predicted, however, there are steps to divide the risks by investing in different classes of assets or debts as per the risk profile of an individual investor. A risk is directly related to the effect of profitability of an investment.
Hence, option A holds true regarding investment risk.
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One year ago, the Jenkins Family Fun Center deposited $3,500 in an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $5,300 to this account. They plan on making a final deposit of $7,500 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a 7 percent rate of return
Answers
Answer:
Total FV= $21,043.97
Explanation:
Giving the following information:
Interest rate= 7% compounded annually
To calculate the total accumulated future value, we need to use the following formula on each deposit:
FV= PV*(1+i)^n
Deposit 1= 3,500*1.07^5= 4,908.93
Deposit 2= 5,300*1.07^4= 6,947.22
Deposit 3= 7,500*1.07^3= 9,187.82
Total FV= $21,043.97
A registered representative suggests and then implements a strategy in a client's portfolio. This strategy involves the RR coming up with certain determinations in relation to an appropriate distribution of investments in the client's account and the maintenance of this mix of investments over time. Which of the following most accurately describes the strategy that has been implemented? (A) The RR is using only a technical analysis approach to allocation. (B) The RR is using capital asset pricing model to determine allocation. (C) The RR is using a form of asset allocation for the client. (D) The RR is using a strategy purely focused on diversification for the client.
Answers
Answer:
(C) The RR is using a form of asset allocation for the client.
Explanation:
Given that Asset allocation is a term that describes the undertaking of an investment technique. This technique tries to offset risk with reward by diversifying the proportion of each asset in an investment portfolio based on the investor's preference, which is influenced by risk tolerance, and investment period.
Hence, in this situation, the right answer is option C: The RR is using a form of asset allocation for the client.
Lawler Manufacturing Company expects annual manufacturing overhead to be $810,000. The company also expects 45,000 direct labor hours costing $1,350,000 and machine run time of 20,250 hours. Calculate predetermined overhead allocation rates based on direct labor hours, direct labor cost, and machine time. (Round direct labor cost to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.)
Answers
Answer:
A. Overhead allocation rates based on direct labour hours = $18 per direct labour hour
B. Overhead allocation based on direct labour cost = 0.6
C. Overhead allocation rates based on machine time = $40 per machine time hour
Explanation:
Here, we are interested in having some calculations done; We proceed as follows;
From the question, the total overhead = 810,000
Mathematically;
a. The overhead allocation rates based on direct labour hours = Amount of total overhead/Total direct labour hours
= 810,000/45,000 = $18 per direct labour hour
b. The overhead allocation based on direct labour cost = Amount of total overhead / Total direct labour costs
= 810,000/1,350,000 = 0.6
C. Overhead allocation based on Machine time = Amount of total overhead/total machine time hours = 810,000/20,250 = $40 per machine time hour
On December 31, 20x9, Pathos Food Service’s management decided to sell the Baclava division which has book value of $810,000. Management believes the division can be sold for $705,000 after spending $101,000 in sales costs. Baclava reported a monthly income of $29,000 in 20X9 and a monthly loss of $11,000 in 2x10. The division meets the rules to be classified as an asset held for sale as well as qualifying as a discontinued operation. The division sold for $692,000 on March 31, 2x10. Ignore income taxes. What does the company report as discontinued operations in 2x10?
Answers
Answer:
$11000
Explanation:
In general terms, assets held for sale are not depreciated, are measured at the lower of carrying amount and fair value fewer costs to selling, and are presented separately in the statement of financial position The company will report $11000 in 2x10 despite meeting criteria to be classified as held for sale, a loss is still elgibe to count down in the period in which it occurs. In this case, only one-month loss is counted.
Which of the following functions does not require financial markets?
a. Retention of cash by corporations
b. Provision of liquidity
c. Risk reduction by investment in diversified portfolios
d. Provision of pricing information
Answers
Answer:
The answer is A.
Explanation:
Financial markets do all of the options except retention of cash by corporations. Financial market does not have thr ability to determine the amount of cash that corporation keeps.
Financial markets provides liquidity by making sure corporations are able to access loans/bonds at every time .
It reduces risk by engaging in diversified portfolio.
Answer:
A. Retention of cash by Corporations.
Explanation:
The financial market, as the name depicts, is a marketplace that gives a platform for the sale and purchase of financial assets and commodities, such as stocks, bonds, derivatives, and foreign exchange. Liquidity, risk reduction, and pricing information are all functions of financial markets. But the option Retention of cash by corporation does not require the financial markets.
Micro, Inc., started the year with net fixed assets of $75,300. At the end of the year, there was $96,700 in the same account, and the company's income statement showed depreciation expense of $13,270 for the year. What was the company's net capital spending for the year?
Answers
Answer:
$158,730
Explanation:
Mario incoporation started the year with a net fixed assets of $75,300
At the end of the year the net fixed assets was $96,700
The depreciation expense is $13,270
Therefore the company's net capital spending for the year can be calculated as follows
= $96,700+$75,300-$13,270
= $172,000 - $13,270
= $158,730
Hence the company's net capital spending for the year is $158,730
Hugh has the choice between investing in a City of Heflin bond at 4.95 percent or investing in a Surething Inc. bond at 7.60 percent. Assuming that both bonds have the same nontax characteristics and that Hugh has a 40 percent marginal tax rate, what interest rate does Surething Inc. need to offer to make Hugh indifferent between investing in the two bonds? (Round your answer to 2 decimal places.)
Answers
Answer:
8.25%
Explanation:
Hugh will pay tax on its interest income and hence teh after tax rate of income shall be = Interest rate * (1- tax) . City of Heflin bond is offering a rate of 4.95% after tax rate of return, hence Surething should offer a interest rate that given Hugh after tax rate of 4.95%.
Tax rate is given 40% = 0.40
So , Interest rate * (1 - tax) = 4.95%
Interest rate * (1 - 0.40) = 0.0495
Interest rate * 0.60 = 0.0495
Interest rate = 0.0495 / 0.60
Interest rate = 0.0825
Interest rate = 8.25%
Hence Surething should offer 8.25% interest rate.
The Gamebox system normally sells for $250 and comes pre-packaged with one game. The average price for games is $30. The company also sells its online game subscription package, which allows members to download and play one new game per month, for $240. During the holiday season, the company provides a package deal which includes the gaming system with two games and a free one-year game subscription for $400. The company should allocate $192.31of the $400 package purchase price to the gaming system.
A. True
B. False
Answers
Answer:
The answer is "Option A"
Explanation:
The given statement is true because it uses the transaction price method. In this process, the amount of evaluation for the company entity continues to earn for the client to convert products or services.
Its quantity may also be fixed, changeable, or coupled, and the price of the payment shall be allocated to its fair value recognized throughout the contract, that's why in this question two gaming system includes with a 1-year free subscription in $400, and the organizations should make the gaming system $192.31 of a $400 bundle sales price.
You are a member of the senior management staff at XYZ Corporation. You have historically been using a functional structure set up with five departments: finance, human resources, marketing, production, and engineering. Create a drawing of your simplified functional structure, identifying the five departments. Assume you have decided to move to a project structure. What might be some of the environmental pressures that would contribute to your belief that it is necessary to alter the structure? With the project structure, you have four projects currently ongoing: stereo equipment, instrumentation and testing equipment, optical scanners, and defense communications. Draw the new structure that creates these four projects as part of the organizational chart.
Answers
Answer and Explanation:
Please find diagram attached
Organizational structure can be depicted using the organizational chart showing how the different departments are arranged in such a manner as to suit the organization and be directed firmly towards its goals
B. Different organizational structure exists for different organizations depending on the type of business the company is into. A company would define it's organizational structure based on such things as market changes and competition to enable flexibility and actionable and quick responses to changes. This is done to enable quick and effective decision making for a constantly changing business environment
XYZ Corporation
Finance Human Resources Marketing Production Engineering
XYZ Corporation
Stereo equipment ------> Instrumentation-------> Testing equipment------> Optical Scanners---------> Defense communications
An organizational structure is how an organization is arranged with respect to the hierarchy and their various functions within the organization.
This helps to make sure that the organizational goals and visions are being met as this would help to keep focus of the group to achieve their common goal.
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A person died intestate. His property would pass according to:________.
Answers
Answer:
Descent and distribution
Explanation:
When a person dies intestate it means there is no will to use for distribution of his properties to his heirs.
In this case probate courts establish who the heirs to the estate is. Usually two heirs are chosen to inherit the estate.
Probate courts determine the heirs by descent and distribution. That is the preferred heirs are spouses and children. If these are not available then consideration is given to extended family like brothers, cousins, uncles, and so on
Dunkin’ Donuts made a strategic decision to make its business about the coffee, not just the donuts. What are the risks when a company that is so closely identified with one product (it’s in their name!) decides to change its focus to a different product? What marketing strategies can help reduce the risks and increase the probability of success?
Answers
Answer:
.
Explanation:
Crane Flight Services contributes $25 a week to Helen's retirement plan starting immediately. Assuming she works for Crane for another twenty-two years and the applicable discount rate is 4 3/4%. Given these assumptions, the value of this employee benefit today is closest to: (state your answer to 2 decimal places)
Answers
Answer:
The value of this employee benefit today is closest to $17,758.66
Explanation:
Crane Flight services per week contribution C = $25
Discount rate per r=4.75%
Discount rate per week r= 4.75% / 52 =0.0913%
Total Payment N = $52 * 22 years = $1,144
Current value of employee benefit P = C*(1+r)*(1-(1+r)^-N)/r
P=25*(1+0.0913%)*(1-(1+0.0913%)^-1144)/0.0913%
P = 25 * (1.000913) * (1 - (1.000913)^-1144)/0.000913
P = 25 * (1.000913) * 1 - 0.3520453/0.000913
P = 25 * (1.000913) * 709.6985
P = 17758.661368
P = $17,758.66
Golf Guide sells imprinted clothing and accessories for golfers through a catalog. To find new customers, Golf Guide sends a small catalog to names selected from mailing lists. The company mails out catalogs at a cost of $3,100 per thousand pieces mailed, and can expect a response rate of 6%. All responders become customers. Calculate the cost per customer acquired implied by these numbers. Round to the nearest penny.
Answers
Answer:
Cost per customer acquired = $51.67
Explanation:
Customer acquired per thousand pieces mailed = 1000*6% = 60
Total cost per thousand pieces mailed A $3,100
Divide by Customers acquired B 60
Cost per customer acquired A/B $51.67
An increasing amount cash flow has been projected for an investment in renewable energy. Based on an increases in the amount charged per unit of energy and growth in energy use, the payment of 3800 per period with the first payment one period from now is expected to increase by 300 each period thereafter for a total of 18 periods. Using a discount rate of 11.0 percent, what is the present worth of this payment stream?
Answers
Answer:
The present worth of this payment stream is 48,942.42.
Explanation:
To calculate the present worth of the payment stream, the formula for calculating the present value of a growing annuity is used as
follows:
PW = (P / (r - g)) * (1 - ((1 + g) / (1 + r))^n) .................... (1)
Where;
PW = Present worth of the payment stream = ?
P = Payment per period = 3800
r = interest per year = 11.0%, or 0.11
g = growth rate of payment per period = 300 / 3800 = 0.0789473684210526
n = Number of period = 18
Substituting the values into equation (1), we have:
PW = (3800 / (0.11 - 0.0789473684210526)) * (1 - ((1 + 0.0789473684210526) / (1 + 0.11))^18)
PW = (3800 / 0.0310526315789474) * (1 - (1.0789473684210526 / 1.11)^18)
PW = 122372.881355932 * (1 - 0.97202465623518^18)
PW = 122372.881355932 * (1 - 0.60005500664059)
PW = 122372.881355932 * 0.39994499335941
PW = 48,942.42
Therefore, the present worth of this payment stream is 48,942.42.
Just before the semester starts, you notice that the campus bookstore has a sale on new laptop computers, which is something you have been planning to purchase in the coming months. The campus bookstore is offering 15 percent off on a laptop that normally costs $600. However, you are also considering buying a new TV for your apartment, and you know that the electronics store, Media-ocre Buy, is offering 20 percent off on a TV, which normally costs $400. Assuming you are currently unable to make both purchases due to budget constraints, which product offers the best deal
Answers
Answer:
Laptop
Explanation:
Based on the information provided we can calculate the savings of each item by turning the percentages into decimals and multiplying that decimal by the actual cost of the item.
Laptop = 600 * 0.15 = $90
TV = 400 * 0.20 = $80
Therefore after making these calculations, we can see that by buying the Laptop you are saving a total of $90 which would put you at $10 more than if you were to purchase the TV. Therefore, based solely on actual dollar amount saved then the Laptop is the better deal in this scenario.
Identify a few examples of incentives that someone might encounter in his or her daily life. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. Receiving five cents for recycling glass bottles checked Going grocery shopping unanswered Parking fines for illegal parking checked Meeting friends unanswered Tax breaks for 401(k) retirement contributions checked
Answers
Answer:
Receiving five cents for recycling glass bottles Parking fines for illegal parking Tax breaks for 401(k) retirement contributions checkedExplanation:
Recycling is good for the environment and also means companies spending less because they wouldn't have to reproduce the recycle material from scratch. Paying a person money for recycling the glass bottles is an incentive that is meant to encourage them to do it more.
Not all incentives are positive however. Some are negative and aimed at reducing a behavior. Fining people for illegal parking is an example as the logic is that the offending party will think of the fines the next time they want to park illegally and refrain from it.
Offering tax breaks to a person in order to get them to save is an incentive because they are being offered to keep more of their money if they save more.
In our day to day live we encounter many incentives, some of them are mentioned in the options such as A, C, and D.
Incentives
Incentives are something which influence us to do something. In the given question we are asked to write things which are encountered on daily basis, these are as follows:
Receiving five cents for recycling glass bottlesParking fines for illegal parkingTax breaks for 401(k) retirement contributions checkedTherefore the option A, C and D are correct.
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What is the most important thing to remember when writing a draft (apex)
A. Use the spelling and grammar checks
B. Write quickly without over thinking
C. Write in phrases, not in sentences
D. Look for mistakes in subject-verb agreement
Answers
Answer:
B. Write quickly without over thinking
Explanation:
(APEX)
just took the quiz
Write quickly without over thinking is the most important thing to remember when writing a draft.
Thus, the correct option is B.
What is a draft?An initial version of a piece of writing or written document that is frequently reviewed before verification is referred to as a "draft."
A written order of payment from one party (the drawer) to another (the drawee) instructing them to pay a specific amount to a third party (the payee) on or before a specific date is an example.
You can rethink and rewrite your thoughts after you draft them by putting them on paper. You will be able to determine where further information and supporting proof are needed by doing this.
It will also help you determine whether the concepts you are providing appear logical and whether your argument is clear.
The full paper will be sent along with the final draft. Your writing ought to appear polished by the time you complete the final draft. Grammar and spelling mistakes, fragmented sentences, weak or nonexistent paragraph transitions, and other first draft flaws should all be eliminated.
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is a retail chain specializing in salon-quality hair-care products. During the year, had sales of . The company began the year with of merchandise inventory and ended the year with of inventory. During the year, purchased of merchandise inventory. The company's selling, general, and administrative expenses totaled for the year. Prepare income statement for the year.
Answers
Answer:
.................................................Big Fuzzy Spider.................................................
.....................................Income Statement for the year.....................................
Sales............................................................................................ $39,150,000
Cost of Goods sold:
Opening Inventory ............................................$3,500,000
Add: Purchases...................................................$23,350,000
Less: Closing Inventory.................................... $4,445,000
Less: Cost of Goods Sold .........................................................($22,405,000)
Gross Profit....................................................................................$16,745,000
Less: Operating Expenses ........................................................($7,225,000)
Net Profit ................................................................................$9,520,000
Receiving a payment from a customer on account would:
A) increase stockholders' equity.
B) have no effect on total assets.
C) increase stockholders' equity.
Answers
Answer:
Option B, have no effect on total assets, is the right answer.
Explanation:
Option “B” is correct because if the payment is received from the customer then it will increase the cash account or it will increase the stockholders’ equity but will have no effect on the total assets. The total assets account gets affected when there are sale and purchase of assets or there is any loss of gain of assets. But in the given case there is no relation with the assets account so it will have no effect.
Which two of the three financial statements would you find Net Income on?
A) Income Statement and Balance Sheet
B) Balance Sheet and Cash Flow Statement
C) Income Statement and Cash Flow Statement
D) Net Income is on all three statements.
Answers
Answer:
C) Income Statement and Cash Flow Statement
Explanation:
The Income Statement shows a clear separate entry for the Net income which is calculated after all the deductions and additions.
Net Income is the first balance shown on the cash flow statement after which the calculations are carried out to find the flow of cash in and out of the company.
Net income is also shown in the Balance Sheet but not separately but together with retained earnings. It is added to the retained earnings and the amount is shown as a whole amount of retained earnings or shown as a change in equity.
So best answer is C because the question asked is where would you find Net Income on?
Meaning separately. So it is separately present on Income Statement and Cash Flow Statement.
Otherwise it is present on all three statements ( on balance sheet as part of retained earnings or equity).
In order to make a decision utilizing a decision tree, you must:___________.a. start at the most distant point in time and work backwards to Time 0.b. begin at Time 0 and work towards the most distant point in time.c. start at the top of the tree and work vertically downward to the very bottom.d. start at the middle of the tree and work both upwards and downwards simultaneously.e. concentrate only on the limbs with the highest probability of occurrence levels.
Answers
Answer:
In order to make a decision utilizing a decision tree, you must:___________
b. begin at Time 0 and work towards the most distant point in time.
Explanation:
Decision trees are built up by starting from the present with the overarching objective (goal) in mind. Then, one classifies the information along various branches and leaf nodes, with each branch representing the outcome of an alternative route or a question answered based on the likelihood of the event happening. Each leaf node represents a class label (decision taken after computing all attributes). This structure can be used to predict likely values of data attributes.
Jessica owns a small trading company. The company buys small vending machines from a manufacturer and sells them to the a retailer, thus making a profit. Why are these vending machines a part of the trading firm’s current assets?
A.
the vending machines market value is lower than their original cost
B.
the vending machines are a part of the company’s income
C.
the vending machines are a part of the company’s expenses
D.
the vending machines are to be sold and converted into cash within the normal period of operation
E.
the vending machines could be sold at a loss
Answers
Answer:
is the letters B
Explanation:
