Answers
Answer:
False
Explanation:
The answer is false because that's not what and X-bar chart is used for. An X-bar chart is used in monitoring the mean and the variation of a process. This monitoring is based on samples are taken from the process at a particular time. It could be between hours, or days. It could be between weeks, or shifts. It could be months, or years, whichever it is.
The measurements of the samples at that particular time makes up what we call a subgroup. And usually, the subgroups or a series of them, are used in the estimation of the mean and even the standard deviation of any process.
Related Questions
A shop can sell at most 200 pairs of socks and at most 100 pairs of shoes. To maximize the profit, they have decided to make 2 offers. Offer 1 is a package of 1 pair of socks and 1 pair of shoes. Offer 2 is a package of 3 pairs of socks and 1 pair of shoes. The shop sells offer 1 for 30$ and offer 2 for 50$. They also want to sell at least 20 packages of offer 1 and at least 10 packages of offer 2. How many packages of each offer do they have to sell to maximize the profit
Answers
Answer:
50 packages of offer 1 and 50 packages of offer 2
Explanation:
Determine How many packages of each offer do they have to sell to maximize the profit
Number of package of offer 1 = x
Number of package of offer 2 = y
Applying the LPP model
max Z = 30 x + 50 y ---- ( 1 )
now subject to the constraints from Linear programming
x + 3y ≤ 200 ------ L1
x + y ≤ 100 ------ L2
x ≥ 20 ------------- L3
y ≥ 10 -------------- L4
therefore the number of packages of each offer that can be sold to maximize profit will be : X = 50 and Y = 50 referring to equation from the LPP model considering that the shop can sell at most 100 pairs
xpire December 31, 2025. Each option has a fair value of $1 based on an option pricing model. Which is the correct entry to record the exercise of 70% the options on April 15, 2024, when the market price of the stock was $6
Answers
Answer:
The correct option is 2)Debit Cash 140,700, Debit Paid in Capital- stock options 46,900, Credit common stock 46,900, Credit Paid in capital- excess of par 140,700
Explanation:
Preparation of Journal Entry to record the exercise of 70% options
Dr Cash 140,700
(67,000 x 70% x 3)
Dr Paid in Capital- stock options 46,900
[67,000 x 70%)
Cr To Common stock 46,900
(67,000 x 70% x 1]
Cr To Paid in capital- excess of par 140,700
on 9 OT 25
Which type of checking account charges a small fee for every check that
clears the account?
A. Cost-per-check account
B. Average balance account
C. Minimum balance account
o
D. Free account
Answers
step-by step
Answer:
A. Cost-per-check account
Explanation:
Ap3x
Production is an example of a marketing activity.
Question 1 options:
True
False
Answers
Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
Answers
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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illustrate the effect that a decrease in a price of milk (an input of ice cream) would have on the market for ice cream.
Answers
A decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
A decrease in the price of milk is likely to have a direct effect on the market for ice cream. Milk is a key ingredient in the production of ice cream, and so a decrease in the price of milk would lead to a decrease in the production cost of ice cream. The impact of this decrease in production cost will result in an increase in the supply of ice cream. The supply curve will shift to the right, showing that more ice cream is available for sale at any given price.
This means that the equilibrium price of ice cream will decrease because suppliers are willing to sell more ice cream at lower prices due to lower production costs. As a result, consumers would demand more ice cream because they would be able to purchase it at a lower price. This increase in demand would cause the demand curve to shift to the right, further increasing the equilibrium quantity of ice cream traded in the market.
Therefore, a decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
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Question 2 of 20
Lexi wants to open an account where she can access the funds she needs to
pay her rent and other bills any time she wants. Which type of account would
be the best option for Lexi?
OA. A checking account
OB. A certificate of deposit
OC. A savings account
D. A money market account
SUBMIT
Answers
The best option for Lexi, who needs access to funds anytime she wants to pay her rent and other bills, would be a checking account (option A).
Checking accounts offer features such as check writing, debit card usage, and online banking, allowing Lexi to conveniently and quickly access her money whenever needed. With a checking account, she can easily pay bills by writing checks or using electronic payment methods.
In contrast, options B and C, a certificate of deposit (CD) and a savings account, respectively, may not be the best fit for Lexi's immediate needs. A CD typically requires the funds to be locked in for a specified period of time, usually ranging from a few months to several years, with limited or no access to the funds until the maturity date.
Option D, a money market account, is another viable choice for Lexi. Money market accounts often offer higher interest rates than traditional savings accounts, and they also provide check-writing and debit card capabilities. However, some money market accounts may have minimum balance requirements or limitations on the number of transactions.
Option A.
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What is an incentive
Answers
Answer:
An incentive is something that motivates or encourages a person to take a specific action. Incentives can be positive, such as a reward or a benefit, or negative, such as a punishment or a cost. Incentives can be used to influence behavior and decision-making, and they are often used in economic and business contexts to motivate employees, consumers, or other stakeholders. Incentives can take many forms, including financial rewards, recognition, privileges, or other benefits.
Which 2 statements are true regarding Classes in QuickBooks Online?
Classes affect the source of a transaction
You can assign multiple classes to a transaction
Classes can be renamed "divisions," "departments," etc., to suit different companies
Columns in a Balance Sheet by Class will always balance
The unspecified column on a Profit and Loss by Class represents transactions that have not had a class specified
Answers
Statement (2)You can assign multiple classes to a transaction, and (3)Classes can be renamed "divisions," "departments," etc., to suit different companies are true regarding Classes in QuickBooks Online.
The two true statements regarding Classes in QuickBooks Online are:
You can assign multiple classes to a transaction: QuickBooks Online allows you to assign multiple classes to a single transaction. This flexibility allows you to track and categorize transactions across different dimensions such as departments, locations, projects, or any other classification that is relevant to your business. Assigning multiple classes can provide more detailed insights into the different aspects of your financial data.
Classes can be renamed "divisions," "departments," etc., to suit different companies: QuickBooks Online allows you to customize the terminology used for classes. While the default term is "Classes," you have the flexibility to rename them to suit your business needs. For example, you can rename classes as "divisions," "departments," "locations," or any other term that aligns with your company's structure and terminology. This customization feature ensures that QuickBooks Online can adapt to different industries and organizational structures.
The other two statements are false:
Classes do not affect the source of a transaction. Classes are used to categorize and track transactions for reporting purposes but do not impact the source or origin of the transaction itself.
Columns in a Balance Sheet by Class will not always balance. A Balance Sheet by Class report in QuickBooks Online categorizes assets, liabilities, and equity by class. While the individual columns will show the respective balances for each class, there is no guarantee that the total columns will balance. This is because the report summarizes the financial data based on the assigned classes, which may have different amounts for each class.
The unspecified column on a Profit and Loss by Class report represents transactions that have not had a class specified. In QuickBooks Online, if a transaction is not assigned a class, it will be classified under the "Unspecified" column in the Profit and Loss by Class report. This allows you to identify transactions that have not been categorized and may require further classification.
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Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
Answers
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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Your older brother turned 35 today, & he is planning to save
GH¢7,000/year for retirement, with the first deposit to be made
one year from today. He will invest in a mutual fund that's
expected to provide a return of 7.5%/year. He plans to retire 30
years from today, when he turns 65, & he expects to live for 25
years after retirement, to age 90. Under these assumptions, how
much can he spend each year after he retires? His first
withdrawal will be made at the end of his first retirement year
Answers
The older brother will be able to spend an amount of GH¢64,932.21 each year for 25 years after retirement.
What is Formula for Future value of the annuity?Future Value (FV) = P * ((1 + r)^n - 1/r)
FV = GH¢7,000 * (1+0.075)^{30} - 1/0.075]
FV = GH¢7,000 x (8.754955-1)/0.075
FV = GH¢7,000 x (7.754955/0.075)
FV = GH¢723,795.82
The amount of cash flow is derived and shows the current yearly savings will be available for him at the age of 65 and to be spent for the 25 years if he expects to live after retirement.
To determine the amount he is able to spend each year, we will copute that as follows:
PV = P x [1-(1+r)^{-n}/r] where PV= GH¢723,795.82, P= Expected periodic spending, R = 7.5%, n = 25 yearsGH¢723,795.82 = P * [1-(1+0.075)^{-25}/0.075]
GH¢723,795.82 = P * [(1-0.163979)/0.075]
GH¢723,795.82 = P * (0,836021 /0.075)
GH¢723,795.82 = P * 11.14695
P = GH¢723,795.82/11.14695
P = GH¢64,931.21
Therefore, the amount of GH¢64,932.21 will be spent each year for 25 years after retirement.
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A grandfather wants to know the average height of all his grandchildren. He finds that the heights of his 9 grandchildren are given in inches by 67,68,71,67,76, 74, 77,70, 72 What is the population mean of the height of his grandchildren in inches? Round your answer to the nearest tenth of an inch and do not include units.
Answers
Answer:
71.3
Explanation:
to find the mean you have to add all of the heights together and then divide by nine, which is how many heights are given.
On December 31, Strike Company sold one of its batting cages for $219,597. The equipment had an original cost of $258,350 and has accumulated depreciation of $38,753. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction
Answers
Answer:
Gain/loss= 0
Explanation:
Giving the following information:
On December 31, Strike Company sold one of its batting cages for $219,597. The equipment had an original cost of $258,350 and has accumulated depreciation of $38,753.
First, we need to determine the book value:
Book value= original cost - accumulated depreciation
Book value= 258,350 - 38,753= 219,597
The gain or loss from selling an asset depends on selling it for a higher or lower value than the book value.
Gail/loss= 219,597 - 219,597
Gain/loss= 0
Suppose the price level in Germany rises,ceteris paribus.This ________________ United States net exports,ultimately shifting the United States AD curve ____________________.
A) stimulates;rightward
B) stimulates;leftward
C) depresses;rightward
D) depresses;leftward.
Answers
Answer:
A) stimulates;rightward
Explanation:
If prices rises in Germany, it means that Germany is going through an inflationary period. This will make German goods more expensive, and less attractive in international markets.
American goods will then become more attractive, because they are now cheaper compared to German goods. This will stimulate American exports to Germany.
A higher level of exports will shift the AD curve to the right, because net exports is one of the four components of Aggregate Demand, and a shift rightward of the AD curve occurs when Aggregate Demand expands due to any factor other than price level.
A competitive market has the demand function p = 49 - 2q and the supply function p = 3 + 3q.
Calculate the equilibrium quantity (i.e. solve the simultaneous equations for q). (Round your answer
Answers
Answer:
i don't know
Explanation:
Preparing Adjusting Entries in a Worksheet
Following is the unadjusted trial balance of Skylar Gaming, Inc. at the end of its first year of operations, December 31, 20x7:
Account Name DR. CR.
Cash $71,550
Accounts Receivable $25,200
Supplies $550
Prepaid Insurance $12,000
Equipment $31,750
Accumulated Depreciation-Equipment $4,050
Accounts Payable $6,700
Salaries Payable $0
Unearned Revenue $2,200
Common Stock $45,700
Retained Earnings $23,850
Dividends $3,500
Revenue $80,750
Depreciation Expense-Equipment $2,000
Salaries Expense $4,750
Insurance Expense $3,100
Rent Expense $4,200
Supplies Expense $2,500
Utilities Expense $2,150
$163,250 $163,250
The following additional information is available:
Skylar Gaming, Inc. needs to accrue $2,000 in salaries that will not be paid until next month.
Skylar Gaming, Inc. has earned $2,000 of the services that were paid for in advance as included in the unearned revenue account.
At the end of the period, Skylar Gaming, Inc. has provided services in the amount of $500 to another customer (John Gartner). However, Skylar has not billed them yet since they only issue bills at the beginning of each month.
Skylar Gaming, Inc. needs to record the annual $1,025 of depreciation on the equipment.
One month of the 12-month insurance policy in prepaid insurance has been used up, and a journal entry is needed to reflect this.
At the end of the period, $125 in supplies are remaining.
Required:
Prepare all necessary adjusting entries at December 31, 20x7 Descriptions are not needed.
Using the below linked template prepare an adjusted trial balance at December 31, 20x7.
Using a worksheet template, prepare an income statement, statement of retained earnings, and a balance sheet.
Prepare closing entries including descriptions.
Answers
Answer:
Salaries Expense (Dr.) $2,000
Salaries Payable (Cr.) $2,000
Unearned revenue (Dr.) $2,000
Revenue (Cr.) $2,000
Accounts Receivable (Dr.) $500
Revenue (Cr.) $500
Depreciation expense (Dr.) $1,025
Accumulated Depreciation (Cr.) $1,025
Insurance Expense (Dr.) $1,000
Prepaid insurance (Cr.) $1,000
Supplies Expense (Dr.) $425
Office supplies (Cr.) $425
Explanation:
Adjusting entries are prepared for Skylar Gaming Inc., for the transactions that are already recorded. These transaction are adjusted for the change in effects at the month end. Skylar Gaming has prepared all necessary adjusting entries to reflect true accounting impact of every transaction.
When you "spoof" an ad, you: A. laugh at its humor.
B. forward it to a friend.
c. ignore it entirely.
D. imitate it satirically.
Answers
Answer:
C wooooo
Explanation:
the person above ya feel me
The engagement team performed testing of the tax account rollforward and documented the following for testing of the income tax payments for the
current year, "Agreed balance to Tax payments/refunds schedule prepared by the client without exception." Which is the best response as a result of
your review?
Answer the question, then select Confirm
A. You consider the source of the payments/refunds schedule noting it comes from a key system and ITGCs were deemed to be
effective and add this fact to the team's documentation.
B. Additional procedures are not necessary, as the appropriate tie-out procedures were performed.
C. You consider the testing over the accuracy and completeness of management's schedule which has been performed in a
separate EGA, ensure the balance in the rollforward agrees to the testing performed, and enhance the tax team's documentation to
reference the additional testing.
D. As part your review of the team's work, you re-perform their procedures by agreeing the balance to the payments/refunds
schedule obtained from the client.
Confirm
Answers
The best response that you would have as a result of your review would be ; You consider the testing over the accuracy and completeness of management's schedule which has been performed in a separate EGA, ensure the balance in the roll forward agrees to the testing performed, and enhance the tax team's documentation to reference the additional testing.
What does it mean to carry out testing of tax account?This is the term that has to do with the performing of the procedure in such a way that it would be able to take care of an underlying account record or a given transaction.
The answer to this question is option C. You would have to ensure that you consider the testing over the accuracy and completeness of management's schedule.
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Which BCMAP situation requires a direct comment on the USMC Fitness Report?
Select the best re
Answers
Self discipline is a BCMAP situation that require a direct comment on the USMC fitness report.
What is Body composition millitary appearance and fitness report?BCMAP is the program employed by millitary base to develop and build bodies of corps for effectiveness in their work and for their healthiness in performing task.
The Fitness Report is a strategy use by which the Marine Corps so as to check and evaluates Marine's performance for their selection, assignment, retention and capabilities.
Therefore, Self discipline is a BCMAP situation that require a direct comment on the USMC fitness report.
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Alden Corp. has the following balances as of December 31, 2019:Total Assets $90,000Total Liabilities 60,000Total Equity 30,000Calculate the debt to equity ratio. A. 0.64.B. 0.92.C. 1.56.D. 256.
Answers
Answer:
2.00
Explanation:
Calculation of the debt to equity ratio
Using this formula
Debt to equity ratio= Total liabilities/Total Shareholders equity
Where,
Total liabilities=60,000
Total Shareholders equity =30,000
Let plug in the formula
Debt to equity ratio=60,000/30,000
Debt to equity ratio =2.00
Therefore debt to equity ratio will be 2.00
After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answers
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
What strategy should be applied when other strategies are ineffective and the company needs to change quickly
Answers
Answer:
Plan Carefully. ...
Be as Transparent as Possible. ...
Tell the Truth. ...
Communicate. ...
Create a Roadmap. ...
Provide Training. ...
Invite Participation. ...
Don't Expect to Implement Change Overnight.
Explanation:
I need the answer please help
Answers
As given that the taxable state income for the year is $70,000, the applicable tax rate is 5.5%, thus, the tax payable is $3,850.
What does a progressive tax means?A progressive tax is one in which the tax rate rises in proportion to the taxable amount. The term progressive refers to the manner in which the tax rate rises from low to high, resulting in a taxpayer's average tax rate being less than the person's marginal tax rate. The term can refer to either individual taxes or an entire tax system.
We are given that the taxable state income for the year is $70,000. Note that for this salary range, the tax rate of 5.5% is applicable.
Tax payable is computed as:
= $70,000 * 5.5%
= $3,850
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A firm's average product tends to?
Answers
A firm's average product (AP) is the total output produced by the firm divided by the quantity of input used to produce it. In other words, it measures the average amount of output that can be produced with each unit of input.
What is tendency?
The tendency of a firm's average product will depend on the specific production process and the level of inputs used. Generally, when a firm first starts to increase its input of a particular factor of production (e.g. labor or capital), the average product of that factor will also increase up to a certain point. This is because the additional input is contributing more to the output than the previous unit of input.
However, as the level of input continues to increase, the average product of that factor will eventually start to decline.
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complete question:
What is the tendency of a firm's average product?
Harry and Meghan have considered starting their own business but are concerned about the possibility of losing even their personal assets if the business fails. One way for BOTH Harry and Meghan to avoid this liability risk would be to :
A.
divorce as soon as possible and establish two sole proprietorships
B.
Organize a limited partnership with Harry as the general partner
C.
set up offshore accounts
D.
form a corporation
Answers
Answer:
The correct option is D,form a corporation
Explanation:
The rationale for my choice of answer is that limited liability applies to a corporation which is found in other types of businesses.
Limited liability is a concept which implies that the liability of shareholders in a limited liability company is limited to the amount contributed to the business by a way of shares held in the company.
When a company runs into debt,the shareholders would not be required to make up such debts from their private pockets,hence Harry and Meghan personal effects are secure.
The way for Harry and Meghan to avoid liability risk is to form a corporation
Typically, a limited liability applies to a corporation which means that the owner liability is limited to the amount he owns in the business.
Limited liability implies that liability of shareholders is limited to the amount contributed to the business by a way of shares held in the company.
So, when company runs into debt, the shareholders would not be required to make up such debts from their private pockets,therefore, the investment of Harry and Meghan are secure.
Hence, the only way for Harry and Meghan to avoid liability risk is to form a corporation
Therefore, the Option D is correct.
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Question 4
Which of the following is an example of an asset?
A. Repairs and Maintenance
B. Accounts Receivable
C. Accounts Payable
D. GST Collected
Answers
Answer:
Accounts Receivable
Explanation:
A is an expense, C and D are liabilities
Your company sells over-the-counter sleep pills and has created the slogan "sleep better than a baby, sleep like a teenager." what element of strategy does this represent?
Answers
Answer: Targeting
Explanation:
Strategy refers to the integrated set of choices that managers consider when making decisions. With regards to the question above, the element of strategy that's used is the targeting strategy.
The targeting strategy is when the market is being segmented and the segments of the market tahts appropriate is then chosen aftee which product are then offered.
Keisha took the report her colleague had written, changed the author's name to her own, and presented it to the company's chief executive. Keisha's human resources director found out what she did and told Keisha she wanted to talk to her about an ethical violation she committed. What is the director most likely going to say to Keisha?
Question 1 options:
You shared a trade secret without permission.
You plagiarized someone else's work.
You used website analytics illegally.
You posted inappropriate comments.
Answers
The director most likely going to say to Keisha that you plagiarized someone else's work.
What is plagiarism?The false depiction of another person's words, ideas, or expressions as one's own unique work is known as plagiarism.
Although specific definitions differ depending on the institution, such depictions are typically viewed as a violation of journalistic ethics, academic integrity, and societal standards of learning, teaching, and research in many cultures.
Sanctions for it include fines, suspensions, expulsions from school or the workplace, jail time, and even hefty fines.
Although plagiarism is often not considered a crime in in of itself, like counterfeiting, it is still subject to legal sanctions for prejudices brought about by copyright violations, violations of moral rights, or torts. It is a significant ethical violation both in academia and in business.
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select a business from any of three business sectors
Answers
A business from any three business sectors is industry. Businesses clearly differ in what they do.
Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.
As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.
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Discuss how a government might influence private producers.
Answers
Answer:
A government can influence through taxation, subsidies, regulations, building use, prohibitions, import quotas etc.
Explanation:
Answer:
Legislation and Regulation Another way in which the government can influence the private producers is, through rules and regulations. The economies usually operate with a huge and growing amount of regulations.
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