in an m/d/1 system, the coefficient of variability for service is equal to 1 (cs=1). (true or false?)

Answers

Answer 1

The co-efficient of variation (CV) is a statistical measure of the dispersion of data points in a data series around the mean. The co-efficient of variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation from one data series to another, even if the means are drastically different from one another.

Why the coefficient of variability for service is  equal to 1?

The co-efficient of variation (CV) is a statistical measure of the relative dispersion of data points in a data series around the mean.

It represents the ratio of the standard deviation to the mean.

The CV is useful for comparing the degree of variation from one data series to another, even if the means are drastically different from one another.

In finance, the co-efficient of variation allows investors to determine how much volatility, or risk, is assumed in comparison to the amount of return expected from investments.

The lower the ratio of the standard deviation to mean return, the better risk-return tradeoff.

The co-efficient of variation shows the extent of variability of data in a sample in relation to the mean of the population.

In finance, the co-efficient of variation allows investors to determine how much volatility, or risk, is assumed in comparison to the amount of return expected from investments. Ideally, if the co-efficient of variation formula should result in a lower ratio of the standard deviation to mean return, then the better the risk-return tradeoff.

They’re most often used to analyze dispersion around the mean, but quartile, quintile, or decile CVs can also be used to understand variation around the median or 10th percentile, for example

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Related Questions

Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if there were only one or two career clusters?

Answers

Because if everyone went and had the same job no one else would know how to do the other jobs causing our entire economy to fail and entire city’s failing too.

Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in

Answers

Answer:

Consultative

Explanation:

I did this question

What amount of capital could be raised

Answers

The amount of capital a firm could raise is dependent on its nature of business and the opportunities available for raising funds

What is capital?

Capital is the amount of finance or funding a company or business required to inject into its operations, for acquisition of assets or financing a specific investment project.

The size of funding available to a company is a function of many factors as highlighted below:

The size of the company plays a major on its financing needs, a one-man business that does not employ anyone else would require a fraction of the financing needs of a partnership business with 10 partners.

Also, the opportunities available to a firm based on its size or the its formation processes is also critical, for instance, the fact that limited companies have access to capital markets means they are well scrutinized for being given approval or license to operate

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Why do you think customer service is important for a business

Answers

customer service determines how many customers you will have. poor CS makes people not want to go to your business and tell others not to either. great CS makes people love you and your products.

Answer:

It can help expand your business, if your buisness has amazing customer service your customers will be more willing to return and even refer friends/family/etc. to your business. A business's success is determined by the customers, they are the ones that purchase your goods/products and have the power to make or break a business.

Im going to skyveiw!!!??

Answers

that is so cool! good for you

Read the draft below, and then answer the question that follows.
The Human Resources department is happy to announce a career development workshop led by Joseph Pelletier. He has 20 years of experience in career development training and will help you gain a clearer understanding of your career goals he will also discuss tools to work toward your career goals. The workshop will take place November 10 and 11, and it will start at 9:30 a.m. and end at 5:30 p.m., and there will be coffee and tea in the morning lunch will be provided in the afternoon. Respond to this e-mail to sign up because only 40 spaces are available.
How could you improve this message? Check all that apply.
A: Reduce sentence lengths.
B: Correct fragments.
C: Use only compound-complex sentences.
D: Correct run-on sentences.
E: Correct comma splices.

Answers

To improve this message, we should do A: Reduce sentence lengths, B: Correct fragments and D: Correct run-on sentences. Reduce sentence lengths it's because long sentences often mean that you aren't sure about what you want to say.

A message can be described as a communication or statement conveyed from group or one person to another. Generally transmitted verbally or in writing, a message can also be sent via a gesture or a look. Most messages serve at least one of three purposed is to entertain, to persuade, or to educate and some fulfill all three at once. A blog post, for example, may entertain its readers but also share some promote a cause or product or news.

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arla's family is on a tight budget but enjoys shopping for fresh groceries every week. they have a few grocery stores close to their home with transportation available, and arla's mom keeps track of weekly ads in the papers they receive in the mail, along with any offers she sees online for specific brands. what would be the best option for arla's family?

Answers

The best option for Arla's family would be to utilize the weekly ads and online offers to plan their grocery shopping. This way, they can take advantage of any discounts or deals available and make the most of their tight budget.

Arla's family can maximize their tight budget by utilizing weekly ads and online offers to plan their grocery shopping. By keeping an eye on these promotions, they can take advantage of discounts and deals, ensuring they get the most value for their money.

With multiple grocery stores nearby and access to transportation, they have the flexibility to compare prices and choose the most affordable options. This strategic approach allows them to stretch their budget further and make informed decisions when it comes to purchasing groceries.

By combining careful planning, discounts, and smart shopping choices, Arla's family can optimize their grocery shopping experience. Additionally, having multiple grocery stores nearby with transportation available gives them the flexibility to compare prices and choose the most affordable options.

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A person earns $40,000 per year. She deducts $2,000 for charitable donations. She also receives a $3,000 tax credit. What is the person's gross income

Answers

A person's annual income is $40,000. She subtracts $2,000 for donations to charity. If she is also given a $3,000 tax credit, her total income would be $38,000.

What is the tax credit?

Tax credits are financial incentives that let some taxpayers deduct their accumulated credits from the total amount they repose on the state.

It can also be called as a “discount” that is offered by the state in some circumstances, or a credit given in recognition of prior tax payments. It is not considered as a part of person's income.

The person's gross income would be $38,000 ($40,000 – $2000), here, the Gross Income does not include the deduction, this is considered in the Net taxable income.

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If you identify how much you would like your sales to grow (either percentage of dollar amount) over a given period of time; you have created a marketing goal tied to:

A- Increasing the brand awareness of your product.

B- Identifying new markets.

C- Increasing the sales of your product.

D- Identifying repeat customers.​

Answers

If one had identify how much you would like your sales to grow over a given period of time; then you have created a marketing goal tied to identifying new markets to expand the goals.

What is known as marketing?

Basically, a marketing generally refers those activities a company undertakes to promote the buying or selling of a product or service. It include the use of strategy as advertising, selling and delivering products to consumers or other businesses but some marketing are done by affiliates on behalf of a company.

Despite that there are various types of marketing objectives or goals, the most common types of marketing goals are profitability objective, market share objective, promotional objective and growth objective.

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The warranty is an excellent tool for you touse to:A. Prove that your company has the best priceB. Explain your company’s return policyC. Reassure the customer about a product’s qualityD. All of the above

Answers

Answer:

d

Explanation:

have a nice day

What is the marginal revenue and marginal cost for this diagram?

What type of market is this? Explain your answer

What is the marginal revenue and marginal cost for this diagram?What type of market is this? Explain

Answers

Marginal revenue :

2060120200300420560

Marginal cost :

108210192640

It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.

Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.

Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.

Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.

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Answers

ok I will right now jitjit

dim is a product of the digby company. digby's sales forecast for dim is 506 units. digby wants to have an extra 10% of units on hand above and beyond their forecast in case sales are better than expected. (they would risk the possibility of excess inventory carrying charges rather than risk lost profits on a stock out.) taking current inventory into account, what will dim's production after adjustment have to be in order to have a 10% reserve of units available for sale?

Answers

Digby's sales forecast for Dim is 506 units, and they want to have an extra 10% of units on hand for unexpected sales. Therefore, Digby would need to produce 556 units of Dim (506 x 1.1) in order to have the desired reserve of 10% above their forecast.

However, they need to take into account their current inventory levels. If they already have 100 units of Dim in stock, then they would only need to produce 456 units (506 - 100 = 406, 406 x 1.1 = 456) to have a 10% reserve above their forecast and account for their current inventory.

This calculation ensures that Digby has enough inventory on hand to meet unexpected sales without risking a stock out, while also avoiding excessive carrying charges for excess inventory.

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what kind of cloth is used in wiping spilled oils during cleaning?​

Answers

Answer:

You can use a damp cloth or a dry cloth

Answer:

The answer is Oiled cloth or Dry cloth

Explanation:

Absorbent materials/clothes like Cotton balls, Dish detergent, Paper towels, Plastic wrap, Sponge pieces, Styrofoam, or Shredded paper.

Hope this helps!! ;)

Use this formula to help solve the problem.
• gross income = total of all incomes added together
Given the following information, what does the gross income for the month equal?
Cash = $700, Checks = $200, Credit Card Charges = $400

a. $700
b. $1100
c. $1300
d. $400

Answers

Answer:

C.$1300.................:)

Answer:

1,300

Explanation:

just added the numbers

record the sale of 1,900 tires for $45 each with a term of 3/10, n/30 under the gross method of accounting for cash discounts.

Answers

The sale of 1,900 tires for $45 each with a term of 3/10, n/30 under the gross method of accounting for cash discounts would be recorded as follows:

The gross amount of the sale would be calculated by multiplying the number of tires sold by the selling price per tire:

1,900 tires x $45 = $85,500

Next, the amount of the cash discount that is available to the customer would be calculated by multiplying the gross amount of the sale by the discount percentage:

$85,500 x 3% = $2,565

Finally, the net amount of the sale, after deducting the cash discount, would be recorded as the accounts receivable:

$85,500 - $2,565 = $82,935

Detailed answer: To record the sale of 1,900 tires for $45 each with a term of 3/10, n/30 under the gross method of accounting for cash discounts, the following steps would be taken:

Step 1: Calculate the gross amount of the sale

The gross amount of the sale would be calculated by multiplying the number of tires sold by the selling price per tire:

1,900 tires x $45 = $85,500

Step 2: Calculate the cash discount amount

The amount of the cash discount that is available to the customer would be calculated by multiplying the gross amount of the sale by the discount percentage:

$85,500 x 3% = $2,565

Step 3: Record the sale and cash discount in the general ledger

The sale and cash discount would be recorded in the general ledger as follows:

Accounts Receivable: $85,500
   Sales: $85,500

   Cash Discount: $2,565
       Accounts Receivable: $2,565

Step 4: Calculate the net amount of the sale

Finally, the net amount of the sale, after deducting the cash discount, would be recorded as the accounts receivable:

$85,500 - $2,565 = $82,935

Therefore, the net amount of the sale that is recorded in the accounts receivable would be $82,935.

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Sarah has a participating whole-life insurance policy. When the policy pays a dividend, it is used to increase the amount of her death benefit without increasing her premium. What participating dividend options is Sarah using on her policy? a) Paid-up additions b) Dividend reinvestment plan c) Automatic premium reduction d) Accumulation

Answers

Sarah's dividend option is a paid-up addition because the policy pays the dividend that increases the amount of her death benefits without increasing her premium. Thus, her coverage is boosted through the paid-up additions and her premium remains unchanged.

The participating dividend option that Sarah is using on her participating whole life insurance policy is paid-up additions. A dividend is a sum of money that is paid regularly (usually annually) by a company to its shareholders out of its profits.

In the context of insurance policies, dividends represent a portion of the insurer's surplus profits and can be distributed to policyholders. There are several participating dividend options available to policyholders.

These options allow the policyholder to choose what they want to do with the dividend.

The following are some common participating dividend options:

a) Paid-up additions: The dividend is used to buy additional coverage on top of the existing policy coverage. This increases the policy's death benefit and cash value. The premium on this additional coverage is waived

b) Dividend reinvestment plan: The dividend is used to purchase additional paid-up insurance, and the dividend can then be used to purchase more paid-up insurance. The policy's death benefit and cash value grow in this way.

c) Automatic premium reduction: The dividend is applied to the policyholder's premium, reducing the amount of premium owed

d) Accumulation: The dividend is left with the insurance company to earn interest. It will be paid to the policyholder at a later time when it has accrued sufficiently.

Sarah's dividend option is a paid-up addition because the policy pays the dividend that increases the amount of her death benefit without increasing her premium. Thus, her coverage is boosted through the paid-up additions and her premium remains unchanged.

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You
decide to buy 1 000 of two year CD (certificate of
deposit) University Credit Union offers 7 interest per year
Mercantile Bank says that you can get 1 180 after two years
Who offers a better deal?
You can compare the future value or the interest rate

Answers

Comparing the future values of both CDs, we see that Mercantile Bank CD offers a better deal as it has a future value of $2180, which is higher than University Credit Union CD's future value of $1149.16.

To compare the better deal between two-year CD (certificate of deposit) University Credit Union and Mercantile Bank that offers 7% interest per year, we need to compare their future values after two years.

The formula to calculate the future value of a CD with compounded interest is given by: FV = P × (1 + r/n)\(x^{2}\)(n*t)

Where, FV is the future value of the CD,

P is the principal amount invested,

r is the annual interest rate in decimal,

n is the number of times the interest is compounded in a year,

t is the number of years of investment in this case, we have invested $1000 in both University Credit Union and Mercantile Bank CDs, and both have a two-year investment term. So, t = 2 years.

Calculating the future value of University Credit Union CD: FV = P × (1 + r/n)\(x^{2}\)(n*t)FV = 1000 × (1 + 0.07/1)\(x^{2}\)(1*2)FV = $1149.16

Calculating the future value of Mercantile Bank CD: FV = P × (1 + r/n)^(n*t)FV = 1000 + 1180 = $2180

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Kubin Company’s relevant range of production is 12,000 to 16,000 units. When it produces and sells 14,000 units, its average costs per unit are as follows:

Direct materials $ 7.30

Direct labor $ 4.30

Variable manufacturing overhead $ 1.80

Fixed manufacturing overhead $ 5.30

Fixed selling expense $ 3.80

Fixed administrative expense $ 2.80

Sales commissions $ 1.30

Variable administrative expense $ 0.80

Required:

1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?

2. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?

3. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

4. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

5. If 12,000 units are produced, what is the average fixed m

Answers

Answer:

1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?

variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.50

2. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?

 variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.50

3. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

$15.50 x 12,000 = $186,000

4. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

 $15.50 x 16,000 = $248,000

5. If 12,000 units are produced, what is the average fixed m

average fixed manufacturing cost = ($5.30 x 14,000) / 12,000 = $6.1833 average fixed selling expense = ($3.80 x 14,000) / 12,000 = $4.4333average fixed administrative expense = ($2.80 x 14,000) / 12,000 = $3.2667total fixed expenses per unit = $13.8833

(100 POINTS)How much money will i make my first week from dropshipping

Answers

I’d say you will probably make $100- $150 dollars.
i’ll say between 100 to 200

An investor wants to invest $20,000 but anticipates needing those funds in five years for a business investment. Currently, with inflation rising, the government is expected to take action to push interest rates up to reduce the money supply. Given these conditions, which of the following securities would be the least suitable for this investor who needs a specific amount of money in five years?

a. Zero-coupon bond maturing in 4 years
b. U.S. Treasury bonds maturing in 6 years
c. Corporate bonds maturing in 5 years
d. Zero-tranche CMO with estimated 5 years life

Answers

Answer:

D. Zero-tranche CMO with estimated 5 years life

Explanation:

Erica's Country Furniture sells wooden chairs for $179.49. It buys the chairs from a craft shop for $87.49 each. Its overhead rate is 28%. What is the net profit rate for each chair?

Answers

Answer:

60.28%

Explanation:

The selling price per chair = $179.49

buying price per chair = $87.49

the overhead rate is 28%

Actual overheard = 28% x $87.49

=28/100 x 87.49

=0.28  x 87.49

=$24.4972

total cost price per chair =  $87.49 + $24.4972

=$111.98

profit per chair

= $179.49 - $111.98

=67.51

Profitability rate = 67.51/111.98 x 100

=60.28%

Porter Inc's stock has an expected return of 12.25%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 5.00%, what is the market risk premium?
a. 5.80%
b. 5.95%
c. 6.09%
d. 6.25%
e. 6.40%

Answers

Among the given options, none of them matches the calculated market risk premium of 7.25%. Therefore, none of the provided answer choices accurately represents the market risk premium.

To calculate the market risk premium, we need to subtract the risk-free rate from the expected return of the stock.

Market Risk Premium = Expected Return - Risk-Free Rate

Given:

Expected Return = 12.25%

Risk-Free Rate = 5.00%

Market Risk Premium = 12.25% - 5.00%

Market Risk Premium = 7.25%

Among the given options, none of them matches the calculated market risk premium of 7.25%. Therefore, none of the provided answer choices accurately represents the market risk premium.

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the transformational approach to labor-management relations is low in _____.

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The transformational approach to labor-management relations is low in conflict.

The transformational approach focuses on building cooperative and collaborative relationships between labor and management. It aims to create a shared vision and common goals that align the interests of both parties. This approach emphasizes open communication, mutual respect, and trust-building between labor and management.

By promoting a positive and constructive relationship, the transformational approach seeks to minimize conflict and promote a cooperative work environment where both parties work together to achieve shared objectives.

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complete the template below to help you plan out your letter
my product it’s a custom can of Pringle’s and I made the flavor of Pringle’s popcorn

I. Paragraph one- Introduction
1. (introduce yourself and explain your experience related to the product) _____________________________________________________________________


2. (explain why you are writing) _____________________________________________________________________


3. (briefly describe your food product and name for your food) _____________________________________________________________________


II. Paragraph two- Describe your Food Product
1. ( describe the flavors, ingredients, texture) _____________________________________________________________________

2. (what does your food look like) _____________________________________________________________________

3. (how is your food unique – what makes it different than other products out there) _____________________________________________________________________

III. Paragraph three- Describe the Packaging
1. (describe the colors in your packaging )____________________________________________________________

2. (describe any images, art, or photos on the package) _____________________________________________________________________

3. (describe the size and materials used in the package) ______________________________________________


IV. Paragraph four- Convince The Company
1. (describe the target population who will buy the food (ex. Moms, diabetics, vegetarians, teens) _____________________________________________________________________

2. (why should they make and market your food?)________________________________________
_______________________

3. (how much will you sell your food for? Sold individually or in larger quantities?) _____________________________________________________________________

V. Paragraph five- Conclusion
1. (Tell what you want the company to do) ______________________________________________
_____________________________________________________________________

2. (Restate what makes your food delicious) ____________________________________________
_______________________

3. (Restate what makes your food unique) ______________________________________________
_______________________

Answers

Answer:

Paragraph 1-

Introducing myself-

1.)

Hey, my name is... and I absoultey *love* Pringles, my favorite flavor is...because...(explain here<why you love that flavor and what you like most about it)...*add things about you and pringles to make the paragraph complete*

2.)

I have made such an outstanding flavor of Pringles, it is made of the most loved food by every human on Earth, POPCORN!

I can assure you that you will want to try my product by the time my presentation has come to an end, and boy-oh-boy do I want to as well!

3.)

Pringles are amazing. Though how would you love Popcorn Pringles? Huh, you do? Yup, I bet your pupils dilated and I got your taste buds alert!

4.)

What does my product contain? It consists of the delicious flavor of popcorn and (include your ingredients and texture of food)

5.)

What do my simple yet intricate Pringles look like? They look like *add your answer,

Any questions that have to do with describing your product would be up to you since I don't have the slightest idea of what it looks like...**

Convincing the Company-

You are looking at consumers from various categories starting from Children ranging to Elders. Vegetarians to Carnivores. I guarantee this will also include popcorn dislikers.

Why should they make the market?

Simply because they are tasty and different...all you see now is Pizza flavored Pizza, BBQ flavored brisket, Soy sauce flavored noodles. My product will be an attraction to all stores! Popcorn flavored Pringles, I mean are you kidding me, its genius, and anyone who thinks otherwise is someone who has not tried them.

How much will I sell it for?

*add your answer* Why? The reasons being, I want my product to be available to everyone.

What I want the company to do is...add your answer

The simple thought of a taste of a popcorn flavored on a Pringle makes me want to jump on a pogo stick and complete a world record!!!

The uniqueness is simple noone has made Popcorn flavored pringles and.. *add another statement on why your product is unique*

I DID MOST OF THE QUESTIONS FOR YOUR SLIDES, I HOPE THIS HELPED YOU AND MADE YOUR ASSIGNMENT EASIER FOR YOU :)

I KNOW HOW IT FEELS TO HAVE A PROJECT DUE AND POSTING IT AND FOR NONE TO HELP YOU OUT, THATS WHY I ANSWERED, THIS IS MY TROLL ACCOUNT BUT THANK ME ON MY OTHER ACCOUNT SamHdzBxby.

Your Welcome :)

In addition to saving money, what are some other ways you can show financial responsibility?

Answers

Answer:

you could start a savings a acount or a 401k plan to help with future problems or you could save for a new car.

Explanation:

Stabilize your income. If you're a young person, get a job.
Set financial goals. Take a few minutes to set some money goals.
Educate yourself. Financial savvy is not something you're born with.
Make a budget.
Save money.
Learn about employment benefits.
Establish a credit profile.
Avoid expensive debt.

scooter co. offers the below vacation time as a benefit to its employees. number of employees 300 number of vacation days earned each year 10 number of hours per day 8 wage rate per hour in 20x1 $10.00 wage rate per hour in 20x2 $11.00 days taken in 20x1 3 days taken in 20x2 12 what is the vacations payable account balance at december 31, 20x2?

Answers

The vacations payable account balance at December 31, 20x2, is $184,800. To calculate the vacations payable account balance at December 31, 20x2: Let's look into employee information:

We need to determine the amount of vacation time earned but not taken by the employees. This is calculated by multiplying the number of unused vacation days with the wage rate per hour and the number of hours per day. In 20x1, each employee earned 10 vacation days, which amounts to a total of 3,000 vacation days (10 days * 300 employees). Assuming all employees took 3 days of vacation in 20x1, there were 2,700 vacation days remaining (3,000 - 300).

In 20x2, each employee earned another 10 vacation days, which amounts to a total of 3,000 vacation days (10 days * 300 employees). However, in 20x2, employees took 12 days of vacation, which means they used more vacation days than they earned. Therefore, we need to adjust for the excess days used. The excess vacation days used in 20x2 are 12 days - 10 days = 2 days per employee. So, the total excess days used by all employees are 2 days * 300 employees = 600 days. To calculate the vacations payable account balance at December 31, 20x2, we subtract the excess vacation days used from the remaining vacation days earned but not taken in 20x1: 2,700 days - 600 days = 2,100 days.

Finally, to determine the account balance, we multiply the remaining vacation days (2,100 days) by the wage rate per hour ($11.00) and the number of hours per day (8 hours): 2,100 days * $11.00 * 8 hours = $184,800. Therefore, the vacations payable account balance at December 31, 20x2, is $184,800.

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explain advertisement

Answers

Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.

If a 20% increase results in a price of $6.36, what was the price before?

Answers

Answer:

$5.09 cents

Explanation:

Given the following question:

20% of 6.36

In order to find the answer, we will calculate using the formula for percentages then subtract that answer from the initial amount to have our answer.

\(\frac{p\times n}{100}\)
\(\frac{20\times6.36}{100}=20\times6.36=127.2\div100=1.272\)
\(=1.272\)

Round:
\(1.272\)
\(2 < 5\)
\(1.27\)

Now subtract:
\(6.36-1.27=5.09\)
\(=5.09\)

After a 20% decrease the price is now "$5.09 cents." Which means this was the price before the 20% increase.

Hope this helps.

When the units produced are equal to the units sold, the net operating income computed using the variable costing method is ______ the net operating income using the absorption costing method.

Answers

Answer:

equal to

Explanation:

When the units produced are equal to the units sold, net operating income computed using the absorption costing approach is equal to the net operating income computed using the variable costing approach.

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